Jan 16, 2010 15:24
14 yrs ago
10 viewers *
French term
United Kingdom
reprendre à son passif
French to English
Bus/Financial
Finance (general)
"En conséquence, ABC, associée unique, prend l’engagement :
- de reprendre à son passif les provisions dont l’imposition est différée chez la Société dissoute et la réserve spéciale où la Société a porté les plus-values à long terme ainsi que la réserve où ont été portées par la Société les provisions pour fluctuation des cours..."
I am proofreading a translation in which this phrase has been translated as "assume in its assets". I feel this is not quite right (for a start, shouldn't it be 'liabilities'?) but am struggling to find the right translation.
- de reprendre à son passif les provisions dont l’imposition est différée chez la Société dissoute et la réserve spéciale où la Société a porté les plus-values à long terme ainsi que la réserve où ont été portées par la Société les provisions pour fluctuation des cours..."
I am proofreading a translation in which this phrase has been translated as "assume in its assets". I feel this is not quite right (for a start, shouldn't it be 'liabilities'?) but am struggling to find the right translation.
Proposed translations
(English)
Proposed translations
+4
3 hrs
Selected
take back onto its balance sheet
The French expression indicates which side of the balance sheet. The equivalent English one doesn't, but doesn't need to: that information is implied by the rest of the sentence.
Yes, 'assume its assets' would be wrong if the reference is to passif, but 'liabilities' may not be quite right either. In English, the passif matches up to liabilities AND equity, so you have to make sure the items assumed are all liabilities.
Yes, 'assume its assets' would be wrong if the reference is to passif, but 'liabilities' may not be quite right either. In English, the passif matches up to liabilities AND equity, so you have to make sure the items assumed are all liabilities.
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
47 mins
Jean-Louis S.
United States
United States
Native in French
United States
Expert Translations!
Native in: French (Variants: African, Standard-France) 
Works in: English to French, French to English, French
Related KudoZ points
:
33
assume in its liabilities
I believe you are right .
4 hrs
add back to its liabilities
Clearly this has to do with external liabilities rather than to Shareholders' Equity
5 hrs
take over/on the liabilities
I think this sounds most natural.
Peer comment(s):
| neutral |
joehlindsay
: I think the common wording is 'assumed its liabilities, but the idea is correct.
1 day 1 hr
|
1 hr
Provisions must be entered on the liabilities side of the company's balance sheet
provisions, the special long-term capital gains reserve carried as liabilities in the balance sheet of the dissolved
company , must be entered on the liabilities side of the acquiring company's balance sheet
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Note added at 1 day48 mins (2010-01-17 16:13:39 GMT)
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Please see. p226 paragraph 1 http://ec.europa.eu/taxation_customs/resources/documents/pri... (FR) and http://ec.europa.eu/taxation_customs/resources/documents/pri... (EN). Thank you.
company , must be entered on the liabilities side of the acquiring company's balance sheet
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Note added at 1 day48 mins (2010-01-17 16:13:39 GMT)
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Please see. p226 paragraph 1 http://ec.europa.eu/taxation_customs/resources/documents/pri... (FR) and http://ec.europa.eu/taxation_customs/resources/documents/pri... (EN). Thank you.
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