GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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10:04 Feb 9, 2005 |
Dutch to English translations [PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Deborah do Carmo Portugal Local time: 15:07 | ||||||
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Summary of answers provided | ||||
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4 +1 | Increase in share premium |
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4 | additional paid-in capital |
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4 | pay-in share premium |
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additional paid-in capital Explanation: Believe this is correct -------------------------------------------------- Note added at 4 mins (2005-02-09 10:08:21 GMT) -------------------------------------------------- agio means a premium or a capital surplus - combined with \"storting\", this would probably be the logical answer |
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pay-in share premium Explanation: Financieel woordenboek: gestort agio – paid-in share premium, paid-in surplus (Am.) contributed surplus (Am.) share purchase premium Succes! |
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Increase in share premium Explanation: Share premium in this case is the difference between the par (or nominal) value of the shares and the amount paid for them. In itself it cannot result in an increase in net assets because the increase in the share premium account (a liability) has to be the same as the increase in cash (an asset) I think that other movements must have been combined with this one in order to arrive at an increase in net assets. -------------------------------------------------- Note added at 3 hrs 13 mins (2005-02-09 13:17:51 GMT) -------------------------------------------------- On second thoughts: The share premium account is part of shareholders\' equity. Shareholders\' equity must by definition be equal to the difference between assets and liabilities (in this case assets are greater than liabilities, hence net assets). It follows that the increase in share premium (possibly together with other movements in the B/S) must indeed be a reason for the increase in net assets. |
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