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Différence de première consolidation

English translation: Goodwill arising on consolidation

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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: 21:52
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: 22:52
Grading comment
Excellent. Thank you very much indeed for your feedback.
4 KudoZ points were awarded for this answer

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


  

Answers


18 mins
variation from first consolidated report?


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

Parrot
Spain
Local time: 22:52
Native speaker of: Native in EnglishEnglish
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: 22:52
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@Lexeme
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