FC

English translation: Forecast

16:40 Aug 7, 2019

German to English translations [PRO]
Bus/Financial - Accounting / Profit & loss statement

German term or phrase: FC

Dear colleagues,

I'm in the midst of translating a corporate document featuring an extract from a company's profit & loss statement. At the top of the table, there are three column headings: 2017 JA (or, in my translation, 2017 annual statement); 2018 Ist (2018 current - the company hasn't finalised its statements for 2018 yet), and **2019 FC**, which is the term I'm struggling with. The figures in the table suggest that this is the value for 2019 projected on the basis of the months of 2019 that have already passed - but I cannot think how we would say this in English, nor where the German abbreviation comes from!

Any assistance would be hugely appreciated!

Jennifer Caisley KudoZ activity Questions: 7 (none open) Answers: 79 United Kingdom
Local time: 19:30

English translation:Forecast

Explanation:
Hi Jennifer,

I can only assume that the "FC" is short for "Forecast" here. I know "Forecast" is used in German within economics and it would certainly seem to make sense with what you mention about projected results.

https://diyinvestor.de/forecast-wesentlicher-bilanzpositione...

I think in English the choice is between either "forecast/s" or "estimates".
Here: https://www.marketscreener.com/APPLE-4849/financials/ there are "actuals" an "estimates" columns.

But "forecast" is certainly also used a lot, e.g. https://www.bloomberg.com/news/articles/2019-04-30/apple-sal...

Hope this helps!

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Note added at 49 mins (2019-08-07 17:30:08 GMT)
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Sorry I forgot this was in relation to profit and loss statements and as such "forceast" is definitely the preferred vocabulary, "profit and loss forecast" is a common term, for example.

https://smallbusiness.co.uk/what-is-a-profit-and-loss-foreca...

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Note added at 50 mins (2019-08-07 17:31:31 GMT)
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And one more to further the case for "forecast"!

https://www.investopedia.com/articles/active-trading/022315/...

Selected response from:

Leighton Jacobs
United Kingdom
Local time: 19:30

Grading comment

Thank you ever so much - I was so focused on finding the German term for the abbreviation that I couldn't see the wood for the trees, as it were!
4 KudoZ points were awarded for this answer

Summary of answers provided

3 +4

Forecast

Leighton Jacobs

Answers

45 mins confidence:

peer agreement (net): +4

Forecast

Leighton Jacobs
United Kingdom
Local time: 19:30
Native speaker of:

English
PRO pts in category: 8

Grading comment

Thank you ever so much - I was so focused on finding the German term for the abbreviation that I couldn't see the wood for the trees, as it were!

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