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  3. Finance (general)

situazione economico-patrimoniale e finanziaria

English translation: operating results, financial position and cash flows

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:situazione economico-patrimoniale e finanziaria
English translation:operating results, financial position and cash flows
Entered by: carly kelly

10:41 Mar 14, 2012
Italian to English translations [PRO]
Law/Patents - Finance (general) / writ of summons
Italian term or phrase: situazione economico-patrimoniale e finanziaria
Quite a number of gloss entries but not sure what is appropriate here:

"Non rispondeva dei bilanci e delle situazioni patrimoniali approvate alla reale **situazione economico-patrimoniale e finanziaria** della società [...] Da tutto sin qui exposto, emerge altresi chiaramente come le informazioni in merito alle commesse e sopratutto la loro valorizzazione quali lavori in corso nella voce "RIMANENZE" nei bilanci e nelle situazioni patrimoniali di XXX, fosse del tutto fantasiosa e non rispondesse in alcun modo all reale situazione delle commesse stesse".

Thanks in advance
carly kelly
Italy
Local time: 18:14
operating results, financial position and cash flows
Explanation:
Authors often abbreviate this to something like "financial position and results". But it is best to be exhaustive in court.

The references here are to three documents, the conto economico= "situazione economico" (income statement) which is translated with operating results, the stato patrimoniale="sithazione patrimoniale" (balance sheet or as it is sometimes called statement of financial position) which is translated as financial position and rendiconto finanziario=situazione finanziaria (statement of cash flows) translated here as cash flows.

When auditors such as Deloitte or KPMG write a report to certify accounts, they say that they "give a true and fair view of the financial position, the results of the operations and of the cash flows". Copies I have are in image form so I can't past it all here.

https://www.google.com/search?source=ig&hl=en&rlz=&=&q="oper...
Selected response from:

James (Jim) Davis
Seychelles
Local time: 20:14
Grading comment
athnks Jim, and cristianac, as I actually went for the shorter "financial and operating position" in the end.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2operating results, financial position and cash flows
James (Jim) Davis
4 +1asset and financial situation
Thomas Roberts
3Financial and economic status
Martina Agnes


  

Answers


1 min   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
asset and financial situation


Explanation:
economico-patrimoniale refers simply to assets

Thomas Roberts
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in ItalianItalian
PRO pts in category: 994

Peer comments on this answer (and responses from the answerer)
agree  philgoddard
2 hrs
neutral  James (Jim) Davis: https://www.google.com/search?source=ig&hl=en&rlz=&=&q="asse...
3 hrs
neutral  CristianaC: economico does not refer to assets, it refers to results, ie. to income statement
9 hrs
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32 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
Financial and economic status


Explanation:
un'idea

Martina Agnes
Italy
Local time: 18:14
Works in field
Native speaker of: Italian
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 5/5 peer agreement (net): +2
operating results, financial position and cash flows


Explanation:
Authors often abbreviate this to something like "financial position and results". But it is best to be exhaustive in court.

The references here are to three documents, the conto economico= "situazione economico" (income statement) which is translated with operating results, the stato patrimoniale="sithazione patrimoniale" (balance sheet or as it is sometimes called statement of financial position) which is translated as financial position and rendiconto finanziario=situazione finanziaria (statement of cash flows) translated here as cash flows.

When auditors such as Deloitte or KPMG write a report to certify accounts, they say that they "give a true and fair view of the financial position, the results of the operations and of the cash flows". Copies I have are in image form so I can't past it all here.

https://www.google.com/search?source=ig&hl=en&rlz=&=&q="oper...

James (Jim) Davis
Seychelles
Local time: 20:14
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4512
Grading comment
athnks Jim, and cristianac, as I actually went for the shorter "financial and operating position" in the end.

Peer comments on this answer (and responses from the answerer)
agree  philgoddard: I think you may be over-translating somewhat, and Thomas' answer may be more appropriate, but this is a very well reasoned answer.
1 hr
agree  CristianaC: or just financial and operating results, (because cash flows stat. is derived from the others, which are the ones that provide info on the company)
8 hrs
  -> Yes its often abbreviated "financial and operating position" is often used too. The Italian is more concise than the English here.
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