Glossary entry (derived from question below)
Spanish term or phrase:
con cargo a beneficios del ejercicio
English translation:
charged against the financial/fiscal/year/period/profits
Added to glossary by
jimdaniell
Feb 23, 2009 20:31
15 yrs ago
15 viewers *
Spanish term
con cargo a beneficios del ejercicio
Spanish to English
Bus/Financial
Finance (general)
Context: "La propuesta de aplicación del resultado del ejercicio (beneficio de 31.736 miles de euros) formulada por los Administradores de la Sociedad Dominante y que se someterá a la aprobación de su Accionista Único consiste en pagar, con cargo a beneficios del ejercicio, un dividendo de 0,71 euros por acción".
Many thanks!
Many thanks!
Proposed translations
+2
12 mins
Selected
charged against the financial/fiscal/year/period/profits
See the AVH Financial, pages 81, "cargar en cuenta" and 927, "ejercicio económico". Also J.C. del Pozo's Financial Dictionary, pages 861, "ejercicio" and 772, "con cargo a".
--------------------------------------------------
Note added at 14 mins (2009-02-23 20:46:31 GMT)
--------------------------------------------------
At least for Spain, "beneficios" are "profits", same as "ganancias" elsewhere. The term "beneficios" is, as far as I know, only used in Spain. "Earnings" here in Spain are "ingresos", same as "income". IMHO.
--------------------------------------------------
Note added at 14 mins (2009-02-23 20:46:31 GMT)
--------------------------------------------------
At least for Spain, "beneficios" are "profits", same as "ganancias" elsewhere. The term "beneficios" is, as far as I know, only used in Spain. "Earnings" here in Spain are "ingresos", same as "income". IMHO.
4 KudoZ points awarded for this answer.
Comment: "Many thanks!"
10 mins
payment of a dividend against profits for the year
or earnings
11 mins
charged to current earnings
beneficios del ejercicio = fiscal year earnings = current earnings
Income Tax Procedure - Google Books Resultby Robert Hiester Montgomery - 1919 - Income tax
... TO PRIOR YEARS ARE REQUIRED TO BE CHARGED TO CURRENT EARNINGS. ... be no reduction in invested capital so far as this dividend payment is concerned. ...
books.google.com/books?id=C-tDAAAAIAAJ...
[DOC] FINANCIAL ACCOUNTING STANDARDSFile Format: Microsoft Word
... value should be charged to current earnings, as impairment loss of the asset. ..... on dividend payment (other than capital reserve and legal reserve); ...
www.kfb.or.kr/kfb_eng/file/06_15_Financial Accounting Stand... - Similar pages
SEC Info - First Indiana Corp - 10-K - For 12/31/98 - EX-13... beginning with the first quarterly dividend payment on March 16, 1999. ...... immaterial and are charged to current earnings as an adjustment to the ...
www.secinfo.com/dX359.6c.c.htm - 361k - Cached - Similar pages
SEC Info - Fidelity D & D Bancorp Inc - 10-K - For 12/31/02... value falls below cost, the difference is charged to current earnings. .... After the March 10, 2003 dividend payment date, 12432 shares of treasury ...
www.secinfo.com/dV1Eg.28.htm - 434k - Cached - Similar pages
More results from www.secinfo.com »
Income Tax Procedure - Google Books Resultby Robert Hiester Montgomery - 1919 - Income tax
... TO PRIOR YEARS ARE REQUIRED TO BE CHARGED TO CURRENT EARNINGS. ... be no reduction in invested capital so far as this dividend payment is concerned. ...
books.google.com/books?id=C-tDAAAAIAAJ...
[DOC] FINANCIAL ACCOUNTING STANDARDSFile Format: Microsoft Word
... value should be charged to current earnings, as impairment loss of the asset. ..... on dividend payment (other than capital reserve and legal reserve); ...
www.kfb.or.kr/kfb_eng/file/06_15_Financial Accounting Stand... - Similar pages
SEC Info - First Indiana Corp - 10-K - For 12/31/98 - EX-13... beginning with the first quarterly dividend payment on March 16, 1999. ...... immaterial and are charged to current earnings as an adjustment to the ...
www.secinfo.com/dX359.6c.c.htm - 361k - Cached - Similar pages
SEC Info - Fidelity D & D Bancorp Inc - 10-K - For 12/31/02... value falls below cost, the difference is charged to current earnings. .... After the March 10, 2003 dividend payment date, 12432 shares of treasury ...
www.secinfo.com/dV1Eg.28.htm - 434k - Cached - Similar pages
More results from www.secinfo.com »
-1
34 mins
with a charge to income of the year
This would be "con cargo a resultados del año" in the Spanish of Mexico.
Hope this helps.
20 years of experience with Mexico City based member firms of international top four and second tier CPA firms.
Hope this helps.
20 years of experience with Mexico City based member firms of international top four and second tier CPA firms.
Reference:
Something went wrong...