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Dutch to English translations [PRO]
Bus/Financial - Accounting | | Dutch term or phrase: agiostorting | | In annual accounts. Given as a reason for increase in net assets. |
| | | additional paid-in capital | Explanation:
Believe this is correct
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Note added at 4 mins (2005-02-09 10:08:21 GMT)
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agio means a premium or a capital surplus - combined with \"storting\", this would probably be the logical answer |
| Selected response from:
 Lawyer-Linguist
Portugal
Local time: 06:25
| Grading comment In the context, where the increase is attributed to a single named shareholder, this would appear to be most appropriate answer
3 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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6 mins confidence:   pay-in share premium
Explanation:
Financieel woordenboek:
gestort agio – paid-in share premium, paid-in surplus (Am.) contributed surplus (Am.) share purchase premium
Succes!
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22 mins confidence: peer agreement (net): +1 Increase in share premium
Explanation:
Share premium in this case is the difference between the par (or nominal) value of the shares and the amount paid for them. In itself it cannot result in an increase in net assets because the increase in the share premium account (a liability) has to be the same as the increase in cash (an asset) I think that other movements must have been combined with this one in order to arrive at an increase in net assets.
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Note added at 3 hrs 13 mins (2005-02-09 13:17:51 GMT)
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On second thoughts: The share premium account is part of shareholders\' equity. Shareholders\' equity must by definition be equal to the difference between assets and liabilities (in this case assets are greater than liabilities, hence net assets). It follows that the increase in share premium (possibly together with other movements in the B/S) must indeed be a reason for the increase in net assets.
| xxxjarry
South Africa
Local time: 07:25
Specializes in field
Native speaker of: English
PRO pts in category: 164
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