Nov 10, 2006 16:16
17 yrs ago
1 viewer *
French term
Experience & accuracy
Native in: English 
Works in: German to English, Spanish to English, Swedish to English, and 6 more.
non couvertes à terme
French to English
Bus/Financial
Accounting
From an auditor's report:
A la clôture de l'exercise, les différences résultant de la conversion des créances et des dettes, non couvertes à terme et libellées en devises étrangères, au cours de clôture, sont inscrite à des comptes transitoires à l'actif et aud passif du bilan.
A la clôture de l'exercise, les différences résultant de la conversion des créances et des dettes, non couvertes à terme et libellées en devises étrangères, au cours de clôture, sont inscrite à des comptes transitoires à l'actif et aud passif du bilan.
Proposed translations
(English)
| 3 | forward uncovered |
Francis MARC
|
| 4 | not subject to a forward hedge |
a05
|
| 4 | unhedged |
rkillings
|
| 3 | not covered by futures |
johnclube
|
Proposed translations
18 mins
Selected
forward uncovered
As at 31 December 2003 the group's long-term interest-bearing debt had an ... The right to carry forward uncovered losses (including credits) expires as ...
www.scana.no/en/sci/investor_information/reports_presentati...
www.scana.no/en/sci/investor_information/reports_presentati...
4 KudoZ points awarded for this answer.
25 mins
not subject to a forward hedge
At the year-end, the difference arising from the translation of receivables and payables, not subject to a forward hedge and denominated in a foreign currency, are recognized in suspense accounts in assets and liabilities ("Currency translation differences accounts").
see link page 106 of 211 -- looks very much like your document.
see link page 106 of 211 -- looks very much like your document.
30 mins
not covered by futures
I think it means that the currency exposure has not been hedged - it could be an explanation for not using hedge accounting. The unrealised exchange differences are then charged in the current year accounts via accruals or prepayments. The charge is then reversed in the following year, when the exchange difference may be realised.
Example sentence:
Unrealised exchange differences not covered by a forward position are charged in the accounts in accrual accounts, to be reversed the following year.
1 day 11 hrs
unhedged
'Forward' is superfluous in this context.
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