como mayor dotación del Fondo Fundacional

English translation: (alloted) to further increase the foundation's assets

15:58 Feb 26, 2006
Spanish to English translations [PRO]
Bus/Financial - Accounting
Spanish term or phrase: como mayor dotación del Fondo Fundacional
Last question from this audit report on a Spanish foundation.

3º DISTRIBUCIÓN DE RESULTADOS

El resultado positivo del ejercicio que asciende a XXX euros se aplicará como mayor dotación del Fondo Fundacional.

Does this mean that the profits, having been added to the Foundation's reserve, will now be largest amount to be distributed from the reserve (presumably to meet the foundation's aims) or that these profits will be the largest amount allocated to the reserve? Or perhaps something completely different...

Any help appreciated!
Will Griffin
Spain
Local time: 04:21
English translation:(alloted) to further increase the foundation's assets
Explanation:
My reading is that the profits will be alloted as an increase in the foundation's assets, but of course another reading may result from additional context you may have.
Selected response from:

Rebecca Jowers
Spain
Local time: 05:21
Grading comment
Yes, absolutely. That makes much more sense!! Thanks a million.
4 KudoZ points were awarded for this answer



Summary of answers provided
4(alloted) to further increase the foundation's assets
Rebecca Jowers


  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
(alloted) to further increase the foundation's assets


Explanation:
My reading is that the profits will be alloted as an increase in the foundation's assets, but of course another reading may result from additional context you may have.

Rebecca Jowers
Spain
Local time: 05:21
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 108
Grading comment
Yes, absolutely. That makes much more sense!! Thanks a million.
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