Glossary entry (derived from question below)
Spanish term or phrase:
consolida por puesta en equivalencia
English translation:
consolidated by equity
Added to glossary by
Hazel Whiteley
Oct 13, 2004 08:33
19 yrs ago
Spanish term
consolida por puesta en equivalencia desde 2002.
Spanish to English
Bus/Financial
Finance (general)
Hi,
I am struggling to word this adequately. "Puesta en equivalencia" is the equity accounting method, but I can't make it sit righ there. The full sentence is the following:
"la compañía cuenta con una participación del 25% en CLH (Compañía Logística de Hidrocarburos), que consolida por puesta en equivalencia desde 2002".
Please help!
I am struggling to word this adequately. "Puesta en equivalencia" is the equity accounting method, but I can't make it sit righ there. The full sentence is the following:
"la compañía cuenta con una participación del 25% en CLH (Compañía Logística de Hidrocarburos), que consolida por puesta en equivalencia desde 2002".
Please help!
Proposed translations
+3
3 mins
Selected
consolidated by equity
or: consolidated by the equity accounting method
4 KudoZ points awarded for this answer.
Comment: "thanks, Hazel"
2 hrs
consolidated by the equity method since 2002 / carried by or accounted for by the equity method
Usually companies are either fully consolidated, proportionally consolidated or carried by/accounted for by the equity method
This is a typical paragraph from consolidated financial statements:
The companies over which effective control is exercised by virtue of ownership of a majority of the voting rights in their representation and decision-making bodies were fully consolidated; the multigroup companies which are managed jointly with third parties were proportionally consolidated; and, where appropriate, those in which there is significant influence but not ownership of a majority of the voting rights or joint management with third parties were accounted for by the equity method.
7 hrs
using the equity method of consolidation
Una opción
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Note added at 7 hrs 14 mins (2004-10-13 15:47:16 GMT)
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...since 2002
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Note added at 7 hrs 14 mins (2004-10-13 15:47:16 GMT)
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...since 2002
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