VNR

English translation: Valor Nuevo de Reemplazo

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:VNR
English translation:Valor Nuevo de Reemplazo
Entered by: Massimo Gaido

20:53 Feb 12, 2003
Spanish to English translations [PRO]
Law/Patents - Law: Contract(s) / contract law
Spanish term or phrase: VNR
(i) la anualidad de la inversión que le permite recuperar un VNR de US$ 890,000 bla bla bla...

No time for google...
4 tempting kudocitos (con "c" como corresponde al diminutivo) ...

hint: has to do with Peruvian legislation...

¡Gracias! Au
Aurora Humarán (X)
Argentina
Local time: 21:16
Valor Nuevo de Reemplazo
Explanation:
REPLACEMENT VALUE El Valor Nuevo de Reemplazo

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Note added at 2003-02-12 20:57:43 (GMT)
--------------------------------------------------

VNR / REPLACEMENT VALUE
El Valor Nuevo de Reemplazo consiste en el costo de renovar todas las instalaciones y activos físicos utilizados para dar el servicio de distribución, incluyendo los gastos financieros, activos intangibles y capital de trabajo..
http://www.bancosantiago.cl/inversion/Sbud/TERMINOS.asp?letr...
Selected response from:

Massimo Gaido
United States
Local time: 19:16
Grading comment
Gracias, Au
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3Valor Nuevo de Reemplazo
Massimo Gaido
5 +1Valor Nuevo de Reemplazo >> New Replacement Cost (Value)
José Luis Villanueva-Senchuk (X)
5Valor Neto de Recuperación
Francisco Herrerias
4replacement value
James Calder


  

Answers


3 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
Valor Nuevo de Reemplazo


Explanation:
REPLACEMENT VALUE El Valor Nuevo de Reemplazo

--------------------------------------------------
Note added at 2003-02-12 20:57:43 (GMT)
--------------------------------------------------

VNR / REPLACEMENT VALUE
El Valor Nuevo de Reemplazo consiste en el costo de renovar todas las instalaciones y activos físicos utilizados para dar el servicio de distribución, incluyendo los gastos financieros, activos intangibles y capital de trabajo..
http://www.bancosantiago.cl/inversion/Sbud/TERMINOS.asp?letr...

Massimo Gaido
United States
Local time: 19:16
Native speaker of: Native in ItalianItalian
PRO pts in category: 8
Grading comment
Gracias, Au

Peer comments on this answer (and responses from the answerer)
agree  James Calder: You beat me to it.
5 mins

agree  José Luis Villanueva-Senchuk (X): NEW replacement value (cost)
7 mins

agree  EDLING (X)
10 hrs
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5 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
Valor Nuevo de Reemplazo >> New Replacement Cost (Value)


Explanation:
Hola,

Yo prefiero 'value' pero el World Bank usa 'cost'.

Suerte,

JL

http://www.worldbank.org/html/fpd/esmap/pdfs/016-01_annex3.p...

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Note added at 2003-02-12 21:02:12 (GMT)
--------------------------------------------------

En la página 6 - en el gráfico:

http://www.worldbank.org/html/fpd/esmap/pdfs/016-01_annex3.p...

O&M and fixed charge for new
works plus variable income
It is the New Replacement
Cost (VNR) + Operation
&Maintenance (O&M) of the
adapted company

Cost recognition for existing
companies and fixed charge
for new companies

New Replacement Cost
(VNR) plus Administration
and Operation and
Maintenance (AYOM) are
recognized

New Replacement Cost (VNR) +
Administration and Operation
and Maintenance (AYOM)

--------------------------------------------------
Note added at 2003-02-12 21:03:34 (GMT)
--------------------------------------------------

From Perú:

On Tuesday, January 12, the last Hearing at the Superior Court of Lima was held, with regard to the claim filed by Luz del Sur and Ede-Cañete against the Commission of Electric Tariffs (CTE).

As it will be recalled, the electricity companies, after going through all the administrative instances, filed this claim as they considered that the CTE had not applied the Law correctly, when setting the New Replacement Value (VNR) with which the distributions tariffs were set in November, 1997.

Eugenio Araya, General Manager of Luz del Sur, said that the current economic situation of the country is understood, and that this claim had been filed in order not to hypothecate the future of the company, as the future tariff settings -which as provided by Law have to be made every 4 years- similarly to that of November, 1997, would put the company in a risk position and consequently, the electric supply, of vital importance for the progress of the country, would not be guaranteed.

Therefore, in the event that the Court´s decision would favor the complainant companies and the CTE would calculate again the VNR leading to an increase in the distribution tariffs, Luz del Sur has stated that it has renounced to the tariffs increase, as it is more a matter of how the law must be applied, rather than the number resulting from such an application. If the Court´s decision is against the complainants, the tariffs setting would be going backwards to non-technical criteria considerations, thus risking the future of the electric sector.

Lima, January 12th, 1999


José Luis Villanueva-Senchuk (X)
Argentina
Local time: 21:16
Works in field
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish

Peer comments on this answer (and responses from the answerer)
agree  EDLING (X)
10 hrs
  -> Gracias
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5 mins   confidence: Answerer confidence 5/5
Valor Neto de Recuperación


Explanation:
[PDF]GRUPO SIDEK, SA DE CV (miles de pesos) Al Consejo de ...
File Format: PDF/Adobe Acrobat - View as HTML
... El efecto de este cambio en 1997, en lo relativo a propiedad, planta y equipo, fue
una reducción en su valor neto de recuperación y un cargo a los resultados ...
200.15.46.216/dofdia/otros/pdfs/septiembre/010999h.pdf - Similar pages



Francisco Herrerias
United States
Local time: 17:16
Native speaker of: Native in SpanishSpanish
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7 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
replacement value


Explanation:
VNR = valor nuevo de reemplazo.
Found in the glossary below.


    Reference: http://www.bancosantiago.cl/inversion/Sbud/TERMINOS.asp?letr...
James Calder
United Kingdom
Local time: 01:16
Native speaker of: English
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