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Différence de première consolidation

English translation: Goodwill arising on consolidation

14:48 Apr 10, 2001
French to English translations [PRO]
Bus/Financial
French term or phrase: Différence de première consolidation
Title to a section in a financial report. Literal translations do not seem right. Any suggestions would be greatly appreciated. The section talks about "variation of evaluation" and "goodwill" if this helps.
JLC
Local time: 20:48
English translation:Goodwill arising on consolidation
Explanation:
or I've also come across
Goodwill on first inclusion in the consolidation

It's the difference between the book value of a company included in the consolidated accounts and its deemed current value as recorded by the parent (consolidating) company. This difference is the "goodwill".

For instance, a company starts up with 100 shares at 1 dollar each. The nominal share value remains 1 dollar in the accounts (book value) even if the company goes on to see its shares trade at 300 dollars each. Then, if it bought for 100 x 300 = 30000 dollars the purchasing company has a difference of 29900 dollars to account for somewhere: that's the "différence de première consolidation".

It's a term used in many leading company annual reports eg Renault, EDF, etc - you can see many on the web)
Selected response from:

Buzzy
Local time: 21:48
Grading comment
Excellent. Thank you very much indeed for your feedback.
4 KudoZ points were awarded for this answer



Summary of answers provided
navariation from first consolidated report?
Parrot
naGoodwill arising on consolidation
Buzzy


  

Answers


18 mins
variation from first consolidated report?


Explanation:
"First consolidation" could refer to a first report.

Parrot
Spain
Local time: 21:48
Native speaker of: English
PRO pts in pair: 1861
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34 mins
Goodwill arising on consolidation


Explanation:
or I've also come across
Goodwill on first inclusion in the consolidation

It's the difference between the book value of a company included in the consolidated accounts and its deemed current value as recorded by the parent (consolidating) company. This difference is the "goodwill".

For instance, a company starts up with 100 shares at 1 dollar each. The nominal share value remains 1 dollar in the accounts (book value) even if the company goes on to see its shares trade at 300 dollars each. Then, if it bought for 100 x 300 = 30000 dollars the purchasing company has a difference of 29900 dollars to account for somewhere: that's the "différence de première consolidation".

It's a term used in many leading company annual reports eg Renault, EDF, etc - you can see many on the web)


    own experience : annual reports
Buzzy
Local time: 21:48
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 377
Grading comment
Excellent. Thank you very much indeed for your feedback.

Peer comments on this answer (and responses from the answerer)
Clair Pickworth
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