Glossary entry (derived from question below)
English term or phrase:
historical basis in the assets and liabilities
German translation:
historische Werte der Vermögenswerte und Schulden
Added to glossary by
Verena Schmidt (X)
Jun 26, 2010 17:24
13 yrs ago
English term
historical basis in the assets and liabilities
English to German
Bus/Financial
Accounting
IFRS-Abschlüsse
Konzernabschluss nach IFRS:
A portion of this cash along with the proceeds of debt were utilized to acquire XX.
As a result of the Reorganization, Fund II and CMI own 72% and 28%, respectively of the Company.
The transactions described above which resulted in XX becoming owned by the Company were accounted for under IFRS as a pooling.
As such, the Company retained the **historical basis in the assets and liabilities** of XX and no goodwill was recorded.
A portion of this cash along with the proceeds of debt were utilized to acquire XX.
As a result of the Reorganization, Fund II and CMI own 72% and 28%, respectively of the Company.
The transactions described above which resulted in XX becoming owned by the Company were accounted for under IFRS as a pooling.
As such, the Company retained the **historical basis in the assets and liabilities** of XX and no goodwill was recorded.
Proposed translations
(German)
| 4 | historischen Werte der Vermögenswerte und Schulden wurden beibehalten |
Hans G. Liepert
|
Change log
Jun 26, 2010 17:42: Steffen Walter changed "Field (specific)" from "Finance (general)" to "Accounting"
Jul 5, 2010 07:48: Verena Schmidt (X) changed "Edited KOG entry" from "<a href="/profile/141995">Verena Schmidt (X)'s</a> old entry - "historical basis in the assets and liabilities"" to ""historischen Werte der Vermögenswerte und Schulden""
Proposed translations
8 mins
Hans G. Liepert
Switzerland
Switzerland
Native in German
Specializes in field
Switzerland
40 successful years in finance
Native in: German 
Works in: English to German, Dutch to German, Flemish to German, and 1 more.
Related KudoZ points
:
894
Selected
historischen Werte der Vermögenswerte und Schulden wurden beibehalten
positiver oder negativer Goodwill oder Firmen-/Geschäftswert entsteht nur bei einer Diskrepanz zwischen Bilanzwerten und Kaufpreis
4 KudoZ points awarded for this answer.
Comment: "Danke!"
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