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resultaatverwerking

English translation: appropriation of profits


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Dutch term or phrase:resultaatverwerking
English translation:appropriation of profits
Entered by: Ilke Fabritius
Options:
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05:58 May 6, 2006
Dutch to English translations [PRO]
Bus/Financial - Accounting
Dutch term or phrase: resultaatverwerking
I understand this is some kind of processing (distribution?) of the company's profits & losses but I can't find the exact term.

Thanks!
Ilke Fabritius
Local time: 07:22
(including proposal for the) appropriation of profits
Explanation:
You also get the (profit/loss) appropriation account in the books which is why I was asking.

It is not the profit and loss account - that merely shows you what the profit/loss is (IFRS: income statement)

Just a word of warning - check whether this is in accordance with the latest IFRS terminology - I haven't got time to check that now but this will get you started at least.
Selected response from:

Lawyer-Linguist
Portugal
Local time: 06:22
Grading comment
Many thanks for your help!!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3(including proposal for the) appropriation of profits
Lawyer-Linguist
4 -1profit and loss statement
Casey Dovale


Discussion entries: 2





  

Answers


38 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
profit and loss statement


Explanation:
A P & L statement is the result of processing the figures.

Casey Dovale
Local time: 07:22
Native speaker of: Native in EnglishEnglish, Native in DutchDutch
Notes to answerer
Asker: Isn't profit and loss statement resultatenrekening (the same as p&l account)? I get the impression it's not the same thing.


Peer comments on this answer (and responses from the answerer)
disagree  Dave Calderhead: a different part of the financial statements
4 hrs
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2 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
(including proposal for the) appropriation of profits


Explanation:
You also get the (profit/loss) appropriation account in the books which is why I was asking.

It is not the profit and loss account - that merely shows you what the profit/loss is (IFRS: income statement)

Just a word of warning - check whether this is in accordance with the latest IFRS terminology - I haven't got time to check that now but this will get you started at least.


Lawyer-Linguist
Portugal
Local time: 06:22
Native speaker of: Native in EnglishEnglish
PRO pts in category: 16
Grading comment
Many thanks for your help!!

Peer comments on this answer (and responses from the answerer)
agree  Marijke Singer: The following website may help: http://www.freerecordshop.nl/SHOP/CONTENT/JAARCIJFERS/cijfer...
40 mins
  -> Thanks Marijke

agree  writeaway
1 hr
  -> thanks :)

agree  Dave Calderhead: IFRS still allows us to talk of appropriation of the profit or result
2 hrs
  -> thanks - thought as much but been doing too much legal lately and haven't quite got up to speed totally with IFRS - just aware enough right now to think of the alarm bells :)
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