Jun 26, 2013 10:23
10 yrs ago
4 viewers *
English term
allowance for impairment
English to Swedish
Bus/Financial
Accounting
annual report - credit risk
From annual report:
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Financial instruments and risk management
...
(b) Credit risk
...
(ii) Trade and other receivables
...
The Group establishes an ALLOWANCE FOR IMPAIRMENT that represents its estimate of incurred losses in respect of trade and other receivables and investments. This ALLOWANCE includes a specific loss component that relates to individually significant exposures.
...
The Group mitigates the credit risk on other receivables from equity accounted investee by reference to the market value of the asset, controlled by the investee. The Group creates the ALLOWANCE FOR IMPAIRMENT of the receivables from equity accounted investee to reflect the recoverable amount of the receivables.
...
Based on the Group’s monitoring of customer credit risk, the Group believes that, except as indicated above, no IMPAIRMENT ALLOWANCE is necessary in respect of trade receivables not past due.
(iii) Investments
...
The movement in the ALLOWANCE FOR IMPAIRMENT in respect of held-to-maturity investments during the year was as follows:
...
The ALLOWANCE ACCOUNTS in respect of trade receivables and held-to-maturity investments are used to record impairment losses unless the Group is satisfied that no recovery of the amount owing is possible; at that point the amounts are considered irrecoverable and are written off against the financial asset directly.
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-----------------------------------
Financial instruments and risk management
...
(b) Credit risk
...
(ii) Trade and other receivables
...
The Group establishes an ALLOWANCE FOR IMPAIRMENT that represents its estimate of incurred losses in respect of trade and other receivables and investments. This ALLOWANCE includes a specific loss component that relates to individually significant exposures.
...
The Group mitigates the credit risk on other receivables from equity accounted investee by reference to the market value of the asset, controlled by the investee. The Group creates the ALLOWANCE FOR IMPAIRMENT of the receivables from equity accounted investee to reflect the recoverable amount of the receivables.
...
Based on the Group’s monitoring of customer credit risk, the Group believes that, except as indicated above, no IMPAIRMENT ALLOWANCE is necessary in respect of trade receivables not past due.
(iii) Investments
...
The movement in the ALLOWANCE FOR IMPAIRMENT in respect of held-to-maturity investments during the year was as follows:
...
The ALLOWANCE ACCOUNTS in respect of trade receivables and held-to-maturity investments are used to record impairment losses unless the Group is satisfied that no recovery of the amount owing is possible; at that point the amounts are considered irrecoverable and are written off against the financial asset directly.
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Proposed translations
(Swedish)
3 | avsättning för förväntade kundförluster | Sven Petersson |
Proposed translations
2 hrs
avsättning för förväntade kundförluster
:o)
Reference comments
55 mins
Reference:
reservering för nedskrivningar och kundförluster
...är av förklaringen att döma den allmänna betydelsen.
Vet ej vad exakt det blir på god redovisningssvenska.
Vet ej vad exakt det blir på god redovisningssvenska.
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