https://deu.proz.com/kudoz/german-to-english/accounting/4536736-konzernjahres%C3%BCberschuss.html?paging=y
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Sep 30, 2011 14:12
13 yrs ago
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Deutsch term

Konzernjahresüberschuss

Deutsch > Englisch Wirtschaft/Finanzwesen Bilanzierung/Buchhaltung
From a profit/loss report of a German company. Comes in the "Konzerngewinn- und -verlustrechnung fuer die Zeit bis 31 Dez. 20XX" section.

Thank you in advance for your assistance.
Proposed translations (Englisch)
3 +3 group [consolidated] profit for the year

Discussion

Ted Wozniak Sep 30, 2011:
What accounting standards? It is almost ALWAYS vital to know which accounting standards are being applied when asking terminology questions. HGB, IFRS, (and rarely these days) US-GAAP or some other local GAAP.

There are often rather subtle differences in the various standards in items that - on the surface - appear to be the same but these differences are reflected in slightly different translations of the terms in question.

Proposed translations

+3
7 Min.
Selected

group [consolidated] profit for the year

... I'd say here but am a bit uncertain because we would need to know the accounting standards applied in the case at hand (HGB? IFRS?).

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Note added at 8 mins (2011-09-30 14:20:35 GMT)
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... or "consolidated net profit for the year".
Peer comment(s):
agree Ted Wozniak : But I would use "net income" rather than profit.
39 Min.
Fair enough :-)
agree RobinB : As this term is more commonly found in German IFRS financial statements than in German GAAP consolidated FS, I'd go with "consolidated profit for the period", which is standard IFRS-speak (in contrast to "net income" ... sorry Ted!)
1 Tag 8 Stunden
agree Sebastian Witte : I think consolidated is the term of choice
1 Tag 20 Stunden
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Selected automatically based on peer agreement."