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German to English translations [PRO] Bus/Financial - Accounting
German term or phrase:nicht gebundene Kapitalrücklage
"Desweiteren wurde ein der Gesellschaft im Januar 2001 gewährtes Darlehen im Wert von T€ 259 incl. Zinsen sowie ein der Gesellschaft gewährtes Darlehen im März im Wert von T€ 128 incl. Zinsen am 26.03.2001 zwecks Kapitalstärkung in einen Gesellschafterzuschuß unter Zuweisung einer nicht gebundenen Kapitalrücklage beschlossen."
This is in an annual report, in the "Acquisitions" section. It is talking about the investments Company I made in Company II. The loans mentioned here were made by CompanyI (the annual report company) to Company II (the company acquired).
Oh yes, Austrian accounting for the company acquired...
Thanks Alex! I have gone with "unallocated share premium" - which I also found on the Web after your input. Under IAS accounting, a "Kapitalrücklage" is usually referred to as a share premium (IAS-speak for additional paid-in capital or paid-in surplus). 2 KudoZ points were awarded for this answer
Explanation: to convert as of 3/26 a loan over C259 incl. interest made in January 01, and a second loan of C128 incl. interest made in March, into an outright grant by the partnership of freely available capital reserve with the aim of strengthening the balance sheet.
gangels Local time: 20:40 Works in field Native speaker of: English, German PRO pts in category: 122
Note: Capital reserves include the Share Premium Account, but this latter is simply the premium at which the share issues were made. The typical case, however, is that capital reserve = share premium account.
Eva Blanar Hungary Local time: 04:40 Specializes in field Native speaker of: Hungarian PRO pts in category: 25
Alexander Schleber Belgium Local time: 04:40 Native speaker of: German, English PRO pts in category: 34
Thanks Alex! I have gone with "unallocated share premium" - which I also found on the Web after your input. Under IAS accounting, a "Kapitalrücklage" is usually referred to as a share premium (IAS-speak for additional paid-in capital or paid-in surplus).