baja definitiva de una participación

English translation: derecognition of this holding

15:02 Sep 26, 2018
Spanish to English translations [PRO]
Bus/Financial - Accounting / cuentas anuales
Spanish term or phrase: baja definitiva de una participación
"Los instrumentos de patrimonio que se encuentran registrados en esta cuenta del balance al 31 de diciembre de 2015 y 2014 corresponden básicamente a las participaciones en XXX S.A., y en YYY, S.A., ambas inferiores al 20% de su capital social. En el ejercicio 2015 se efectuó una aportación para compensar pérdidas por importe de 1.315 euros en XXX, S.A. Con fecha 22 de noviembre de 2015 se ha producido la extinción de YYY, S.A., por lo que el Grupo ha procedido a dar de baja esta participación que se encontraba totalmente deteriorada, sin que se haya originado ningún resultado adicional como consecuencia de la ***baja definitiva de esta participación***."

¿Cuál sería el término más correcto? definitive termination, cancellation, withdrawal, deregistration?

¡Gracias!
soniagp
Spain
English translation:derecognition of this holding
Explanation:
"derecognition" is the cool IFRS word for "write-off"
Selected response from:

John Rynne
Local time: 14:06
Grading comment
Thanks a lot for your help!
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2definitive write-off of an investment
patinba
5 +1derecognition of this holding
John Rynne


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
definitive write-off of an investment


Explanation:
About 246 results (0.32 seconds)
Search Results
Web results
[PDF]Annual report for 2015 - Trimo
https://trimo-group.com/.../5.../Trimo_Annual_Report_ENG_201...
Dec 17, 2014 - Apart from investment, we carried out regular annual maintenance work ...... The definitive write-off is related to the disposal of the investment in ...
Banks 'stalling' over mortgage debt shortfalls - Even Keel
www.evenkeelfinancial.co.uk/index.../banks-‘stalling’-over-mortgage-debt-shortfalls
May 12, 2016 - ... in no way encouraging banks to pursue customers – definitive write-off ... the case of investment properties, by the appointment of receivers.

patinba
Argentina
Local time: 09:06
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 604

Peer comments on this answer (and responses from the answerer)
agree  philgoddard: John's answer is fine too, but you were first. And of course you shouldn't reproduce the repetition of "baja de participación".
23 hrs

agree  Francois Boye
3 days 11 hrs
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29 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
derecognition of this holding


Explanation:
"derecognition" is the cool IFRS word for "write-off"


    https://www.iasplus.com/en/projects/completed/fi/derecognition
John Rynne
Local time: 14:06
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 129
Grading comment
Thanks a lot for your help!

Peer comments on this answer (and responses from the answerer)
agree  Richard Cadena: If the financial statements were performed under IFRS, this is correct.
59 mins
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