Overdratt kontantbeholdning i solgte datterselskap

06:36 Aug 26, 2011
Norwegian to English translations [PRO]
Bus/Financial - Economics / Real Estate -QR, cashflow
Norwegian term or phrase: Overdratt kontantbeholdning i solgte datterselskap
Hi,

I found this line item in the cashflow statement, cannot find a good translation for it, the best so far is:
"Over Condensed cash equivalents in sold subsidiary"

...which I do not like at all.

This line item is found in a Norwegian real estate company's cashflow (in a Quarterly report)

Please let me know if more information is needed,

Thank you!
Shital83 (X)
Local time: 15:51


Summary of answers provided
3Transfer of cash holdings at subsidiaries sold
Christopher Schröder


Discussion entries: 4





  

Answers


4 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
Transfer of cash holdings at subsidiaries sold


Explanation:
Or some variation on this wording to your particular taste.

Overdra simply means transfer

I'm assuming that this item refers to the subsidiaries' bank balances being transferred to the buyer

Christopher Schröder
United Kingdom
Specializes in field
Native speaker of: Native in EnglishEnglish
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