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Spanish to English translations [PRO] Bus/Financial - Finance (general) | | Spanish term or phrase: REI negativo de existencias | Appears in the Notes to the Financial Statements under Deferred income tax and employee share-based payments.
REI - real estate for investment
Unsure how to translate "negativo de existencias" |
|  Ivana UKKudoZ activityQuestions: 932 (none open) ( 66 closed without grading) Answers: 2385 United Kingdom
| | Local time: 19:32
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| | Loss by inventory exposure to inflation | Explanation: Ivana: REI stands for Resultado por Exposicion a la Inflacion (profit/loss generated by exposure to inflation)
Therefore, this text means that a loss was generated by the effect of inflation over the inventory value. |
| Selected response from: Alfredo Tanús Local time: 15:32
| Grading comment Thanks again for your help! 4 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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1 hr confidence:  Loss by inventory exposure to inflation
Explanation: Ivana: REI stands for Resultado por Exposicion a la Inflacion (profit/loss generated by exposure to inflation)
Therefore, this text means that a loss was generated by the effect of inflation over the inventory value.
| Alfredo Tanús Local time: 15:32 Specializes in field Native speaker of: Spanish PRO pts in category: 40
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| | Grading comment | Thanks again for your help! |
| Notes to answerer
Asker: Thanks for putting me straight Alfredo - no wonder I couldn't fathom what on earth real estate for investment had to do with inventories!!
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