Glossary entry

German term or phrase:

Zinsenaufwendungen f.kfr. Verbindlichkeit

English translation:

interest expense on current liability

Added to glossary by Steffen Walter
May 10, 2007 20:31
17 yrs ago
9 viewers *
German term

Zinsenaufwendungen f.kfr. Verbindlichkeit

German to English Bus/Financial Accounting balance sheet
Interest outgoings, debt, but what is f.kfr. ?
Change log

May 10, 2007 21:09: Ted Wozniak Created KOG entry

May 11, 2007 09:03: Steffen Walter changed "Edited KOG entry" from "<a href="/profile/976">Ted Wozniak's</a> old entry - "Zinsenaufwendungen f.kfr. Verbindlichkeit"" to ""interest expense on non-current liability""

Proposed translations

8 mins
Selected

interest expense on non-current liability

Aufwendungen are expenses, not outgoings/expenditures as the interest can be accrued but not actually paid. Verbindlickeiten are liabilities, not debt.

f.kfr. - für kürzfristig(e) - for non-current (or short-term in the older pre-IFRS parlance)

Note - It's always a good idea to tell us which accounting standards are in play as it makes a difference.
Peer comment(s):

neutral Alison Schwitzgebel : Ted - surely kurzfristig is current, and langfristig is non-current?
10 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks a mill Ted, again much appreciated, take care."
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