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zu den Anschaffungkosten

English translation: at cost [of purchase]

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:zu den Anschaffungkosten
English translation:at cost [of purchase]
Entered by: Daniela Schlöder
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08:13 Mar 21, 2002
German to English translations [PRO]
Bus/Financial
German term or phrase: zu den Anschaffungkosten
Die Vorräte wurden zu den Anschaffungskosten ausgewiesen gem. IAS 2.19.

are reported as acquistion costs?
Daniela Schlöder
Germany
Local time: 20:05
at cost [of purchase]
Explanation:
"Inventories are valued at cost of purchase, in accordance with IAS 2.19."

I have also seen "zu Anschaffungskosten" translated only as "at cost", but this was usually in cases where there was no distinction between purchase and production costs (as in the case of securities held).

FYI IAS 2.19 (revised 1993) reads as follows:
EN "The cost of inventories of items that are not ordinarily interchangeable and goods or services produced and segregated for specific projects should be assigned by using specific identification of their individual costs."
DE "Die Anschaffungs- oder Herstellungskosten solcher Vorratsgegenstände, die norma-lerweise nicht austauschbar sind, und solcher Erzeugnisse, Waren oder Leistungen, die für spezielle Projekte hergestellt und ausgesondert werden, sind durch Einzelzu-ordnung ihrer individuellen Anschaffungs- oder Herstellungskosten zu bestimmen."

HTH - Gruß Ralf
Selected response from:

Ralf Lemster
Germany
Local time: 20:05
Grading comment
That´s it - thanx Ralf!
4 KudoZ points were awarded for this answer

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Summary of answers provided
5at cost [of purchase]
Ralf Lemster


  

Answers


13 mins   confidence: Answerer confidence 5/5
at cost [of purchase]


Explanation:
"Inventories are valued at cost of purchase, in accordance with IAS 2.19."

I have also seen "zu Anschaffungskosten" translated only as "at cost", but this was usually in cases where there was no distinction between purchase and production costs (as in the case of securities held).

FYI IAS 2.19 (revised 1993) reads as follows:
EN "The cost of inventories of items that are not ordinarily interchangeable and goods or services produced and segregated for specific projects should be assigned by using specific identification of their individual costs."
DE "Die Anschaffungs- oder Herstellungskosten solcher Vorratsgegenstände, die norma-lerweise nicht austauschbar sind, und solcher Erzeugnisse, Waren oder Leistungen, die für spezielle Projekte hergestellt und ausgesondert werden, sind durch Einzelzu-ordnung ihrer individuellen Anschaffungs- oder Herstellungskosten zu bestimmen."

HTH - Gruß Ralf


    Translation database project in cooperation with the IASB
Ralf Lemster
Germany
Local time: 20:05
Native speaker of: German
PRO pts in pair: 2684
Grading comment
That´s it - thanx Ralf!
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