Aug 7, 2019 16:40
4 yrs ago
German term

FC

German to English Bus/Financial Accounting Profit & loss statement
Dear colleagues,

I'm in the midst of translating a corporate document featuring an extract from a company's profit & loss statement. At the top of the table, there are three column headings: 2017 JA (or, in my translation, 2017 annual statement); 2018 Ist (2018 current - the company hasn't finalised its statements for 2018 yet), and **2019 FC**, which is the term I'm struggling with. The figures in the table suggest that this is the value for 2019 projected on the basis of the months of 2019 that have already passed - but I cannot think how we would say this in English, nor where the German abbreviation comes from!

Any assistance would be hugely appreciated!
Proposed translations (English)
3 +4 Forecast

Proposed translations

+4
45 mins
Selected

Forecast

Hi Jennifer,

I can only assume that the "FC" is short for "Forecast" here. I know "Forecast" is used in German within economics and it would certainly seem to make sense with what you mention about projected results.

https://diyinvestor.de/forecast-wesentlicher-bilanzpositione...

I think in English the choice is between either "forecast/s" or "estimates".
Here: https://www.marketscreener.com/APPLE-4849/financials/ there are "actuals" an "estimates" columns.

But "forecast" is certainly also used a lot, e.g. https://www.bloomberg.com/news/articles/2019-04-30/apple-sal...

Hope this helps!

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Note added at 49 mins (2019-08-07 17:30:08 GMT)
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Sorry I forgot this was in relation to profit and loss statements and as such "forceast" is definitely the preferred vocabulary, "profit and loss forecast" is a common term, for example.

https://smallbusiness.co.uk/what-is-a-profit-and-loss-foreca...

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Note added at 50 mins (2019-08-07 17:31:31 GMT)
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And one more to further the case for "forecast"!

https://www.investopedia.com/articles/active-trading/022315/...
Peer comment(s):

agree RobinB : And "Ist" is "Actual"
7 mins
agree michael10705 (X)
3 hrs
agree Sanni Kruger (X)
10 hrs
agree Ramey Rieger (X)
14 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you ever so much - I was so focused on finding the German term for the abbreviation that I couldn't see the wood for the trees, as it were!"
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