Glossary entry (derived from question below)
Spanish term or phrase:
beneficio no-erogable
English translation:
non-cash profit / gain
Added to glossary by
Charles Davis
Feb 14, 2019 03:16
5 yrs ago
2 viewers *
Spanish term
beneficio no-erogable
Spanish to English
Bus/Financial
Finance (general)
Equity market
"Este trimestre resalta la adquisición y aprobación del proyecto XX, lo que representa una recuperación implícita no-erogable de US$XXXm y registrada en la utilidad de operación."
"Este trimestre supero expectativas apoyado por un beneficio no-erogable por una combinación de negocios en Colombia."
Dentro de un reporte de resultados trimestrales de una empresa.
Muchas gracias!
"Este trimestre supero expectativas apoyado por un beneficio no-erogable por una combinación de negocios en Colombia."
Dentro de un reporte de resultados trimestrales de una empresa.
Muchas gracias!
Proposed translations
(English)
3 +4 | non-cash profit / gain | Charles Davis |
3 +1 | non-cash gain | Robert Carter |
3 | non-distributable profit | Marco Paz |
Change log
Feb 28, 2019 06:54: Charles Davis Created KOG entry
Proposed translations
+4
45 mins
Selected
non-cash profit / gain
Applied to expenses or costs, "no erogable" means "non-cash":
https://www.proz.com/kudoz/english-to-spanish/business-comme...
"Punto de Equilibrio Económico que considera los costos erogables y no erogables. [...]
Economic Break Even Point, which treats both cash and non-cash costs."
http://www.ucc.edu.ar/portalucc/archivos/File/FACEA/Institut... (p. 83)
And I think the same is true of profits or gains:
"Alpek
Máximo histórico en Flujo Consolidado de U.S. $274 millones durante el 3T18, incluyendo un beneficio no-erogable de U.S. $33 millones por costo de inventario, [...]
Plásticos y Químicos (P&Q)
Flujo 3T18 de U.S. $76 millones, incluyendo un beneficio no-erogable de U.S. $3 millones por costo de inventario"
http://www.alpek.com/pdf/2018/Alpek-3T18.pdf
"Alpek
Record high consolidated 3Q18 EBITDA of U.S. $274 million, including a U.S. $33 million non-cash inventory gain [...]
Plastics & Chemicals (P&C)
3Q18 P&C EBITDA of U.S. $76 million, including a U.S. $3 million non-cash inventory gain"
http://www.alpek.com/pdf/2018/Alpek-3Q18.pdf
Compare also the same terms in these documents:
https://www.alfa.com.mx/down/reportes/ALFA1T18Resultados.pdf
https://www.alfa.com.mx/down/reportes/ALFA1Q18Results.pdf
https://www.proz.com/kudoz/english-to-spanish/business-comme...
"Punto de Equilibrio Económico que considera los costos erogables y no erogables. [...]
Economic Break Even Point, which treats both cash and non-cash costs."
http://www.ucc.edu.ar/portalucc/archivos/File/FACEA/Institut... (p. 83)
And I think the same is true of profits or gains:
"Alpek
Máximo histórico en Flujo Consolidado de U.S. $274 millones durante el 3T18, incluyendo un beneficio no-erogable de U.S. $33 millones por costo de inventario, [...]
Plásticos y Químicos (P&Q)
Flujo 3T18 de U.S. $76 millones, incluyendo un beneficio no-erogable de U.S. $3 millones por costo de inventario"
http://www.alpek.com/pdf/2018/Alpek-3T18.pdf
"Alpek
Record high consolidated 3Q18 EBITDA of U.S. $274 million, including a U.S. $33 million non-cash inventory gain [...]
Plastics & Chemicals (P&C)
3Q18 P&C EBITDA of U.S. $76 million, including a U.S. $3 million non-cash inventory gain"
http://www.alpek.com/pdf/2018/Alpek-3Q18.pdf
Compare also the same terms in these documents:
https://www.alfa.com.mx/down/reportes/ALFA1T18Resultados.pdf
https://www.alfa.com.mx/down/reportes/ALFA1Q18Results.pdf
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
25 mins
non-distributable profit
Sólo una opción.
Saludos
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Note added at 32 mins (2019-02-14 03:48:57 GMT)
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Es un beneficio económico obtenido por una compañía, el cual no está disponible para pagar como dividendos a los accionistas
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Note added at 38 mins (2019-02-14 03:55:26 GMT)
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Es lo opuesto a "distributable profit"
http://www.businessdictionary.com/definition/distributable-p...
Saludos
--------------------------------------------------
Note added at 32 mins (2019-02-14 03:48:57 GMT)
--------------------------------------------------
Es un beneficio económico obtenido por una compañía, el cual no está disponible para pagar como dividendos a los accionistas
--------------------------------------------------
Note added at 38 mins (2019-02-14 03:55:26 GMT)
--------------------------------------------------
Es lo opuesto a "distributable profit"
http://www.businessdictionary.com/definition/distributable-p...
+1
1 hr
non-cash gain
I'm not sure I quite understand this accounting concept, but I believe it has something to do with gains/losses resulting from equity restructuring and accounting treatments. As I understand it, a non-cash gain is the result of a gain in the financial position but without a corresponding cash revenue, so, for example, it could be the result of inventory that has undergone revaluation because the raw materials used to make it have subsequently increased, or a change in the corporate accounting treatment that leads to a higher book value.
I think this could be the idea behind the "beneficio no-erogable", at least in this case.
TORONTO – Toronto-based Fairfax Financial Holdings Ltd. says it saw a more than $600-million jump in net earnings after a nearly $597-million non-cash gain in its first quarter.
The investment and insurance-focused company says its net earnings totalled $684.3 million, or $23.60 per diluted share, in the first quarter of its 2018 financial year compared to $82.6 million, or $3.03 per share, in the same quarter the previous year.
Fairfax says it added a $596.8 million non-cash gain related to a change in accounting for Quess Corp.
https://www.citynews1130.com/2018/05/03/fairfax-net-earnings...
I think this could be the idea behind the "beneficio no-erogable", at least in this case.
TORONTO – Toronto-based Fairfax Financial Holdings Ltd. says it saw a more than $600-million jump in net earnings after a nearly $597-million non-cash gain in its first quarter.
The investment and insurance-focused company says its net earnings totalled $684.3 million, or $23.60 per diluted share, in the first quarter of its 2018 financial year compared to $82.6 million, or $3.03 per share, in the same quarter the previous year.
Fairfax says it added a $596.8 million non-cash gain related to a change in accounting for Quess Corp.
https://www.citynews1130.com/2018/05/03/fairfax-net-earnings...
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