English translation: write-back OR add-back OR reversal of allowance for securities' amortization
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03:50 Jul 1, 2003
French to English translations [PRO] Bus/Financial
French term or phrase:reprise de provision pour dépréciation des titres
Le résultat financier à 35 million d'Euros trouve son origine principalement dans la reprise de provision pour dépréciation des titres ABC SA.
$289MM after-tax • Total Q2/03 PCL expense of $98MM – Compared to $400MM specific
PCL in Q2/02 and $112MM in Q1/03 – Sectoral provision draw down of $170 ... www.td.com/investor/2003/2q2003inv.pdf -
8.2. Reserve for possible securities depreciation, 52, 34, 0. ... 4.2. Reserve
for depreciation and possible loss on securities, 0, 5. Loan debt, 647 627, ... www.zarech.ru/english/ financial_targets_0.asp?i=3&j=1 - 27k - Jun 29, 2003
I hope it helps :-)
JH Trads United States Local time: 17:54 Native speaker of: Spanish, French PRO pts in pair: 665
the write-back of the provision for depreciation on shares in ABC SA
Explanation: There is a difference between the depreciation charge for the year which appears in the income statement, and the depreciation fund that builds up in the balance sheet. I think it is the fund that is being reduced - this would release a credit to the income statement, which is what the phrase suggests.
Alison Webb France Local time: 00:54 Native speaker of: English PRO pts in pair: 12
8 hrs confidence: peer agreement (net): +1
write-back OR add-back OR reversal of allowance for securities' amortization
Explanation: securities are amortized NOT depreciated in English