aktivischer/passivischer Veränderungsbetrag
English translation: fair value change classified into components attributable to recognised assets/liabilities
| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
|---|---|---|---|---|---|---|
|
| 15:08 Apr 5, 2004 |
| German to English translations [PRO] Bus/Financial - Accounting | |||||||
|---|---|---|---|---|---|---|---|
|
| ||||||
|  Selected response from: RobinB United States Local time: 23:58 | ||||||
Grading comment
| |||||||
| Summary of answers provided | ||||
|---|---|---|---|---|
| 5 +1 | fair value change classified into a component attributable to recognised assets/liabilities |
| ||
| 4 | changes in fair value included in equity |
|
Answers
56 mins confidence: 
| aktivischer/passivischer Veränderungsbetrag changes in fair value included in equity Explanation: IAS 39 Implementation Guidance Para 170 states "An enterprise provides disclosures of significant fair value changes distinguising between changes that are reported to net profit or loss [i.e. egebniswirksam] and between changes that are included in equity." [i.e. aktiviert/passiviert] If you want to include the direction of the change, you can work in "increases/decreases to equity". |
| |
| Login to enter a peer comment (or grade) | ||
1 hr confidence: peer agreement (net): +1
peer agreement (net): +1| aktivischer/passivischer Veränderungsbetrag fair value change classified into a component attributable to recognised assets/liabilities Explanation: Got it **completely** wrong first time round - sorry. A remeasurement gain can never be an asset! The aktivischer/passivischer Veränderungsbetrag must refer to whether the hedging derivative is classified as an asset or a liability. New stab at translating your sentence: "Interest rate swaps (hedging derivatives): this item contains the share of the positive fair value of interest rate derivatives amounting to xxx. Remeasurement of the interest rate derivatives at the reporting date resulted in a yyy decrease in fair value, with the fair value change classified into a component attributable to recognised assets and a component attributable to recognised liabilities." -------------------------------------------------- Note added at 3 hrs 32 mins (2004-04-05 18:40:55 GMT) -------------------------------------------------- Ted: this by way of answer to your question because the wee text box thing is far too small. This looks to me like a balance sheet disclosure, saying that the decrease in the carrying amount of the positive fair value versus the prior period is attributable partly to assets and partly to liabilities. There may well be a table showing this in numerical form. Any gain or loss on remeasurement would indeed be recognised directly in equity for hedging derivatives, unless the hedge was discontinued, in which case the cumulative gain/loss would be recognised in the income statement. This may well be the subject of an income statement disclosure later on in the notes. Personally, I think the German sentence is pretty opaque (\"too clever by half\"), and I can\'t really see even an informed investor getting it first time round. |
| |
Grading comment
| ||
| Login to enter a peer comment (or grade) | ||
Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
KudoZ™ translation help
The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.
See also:
Search millions of term translations