Nov 10, 2011 15:12
12 yrs ago
20 viewers *
Spanish term

menos efectivo y otros activos líquidos equivalentes los descubiertos ocasionale

Spanish to English Bus/Financial Finance (general) problems with parsing
This is the whole sentence. And really the problem is I can't figure out how to parse it correctly. Its not the words.

***A efectos del estado de flujos de efectivo se incluyen como menos efectivo y otros activos líquidos equivalentes los descubiertos ocasionales que forman parte de la gestión de efectivo de la Sociedad.***

I understand that this is in regards to the cash flow statement, but when it gets to the word menos, I don't understand where its going - i.e. what is part of effective Company management

Discussion

Ronnie McKee (asker) Nov 10, 2011:
I wondered the same thing because they talk a lot about hedged and unhedged accounting entries, and the terminology is the same.
philgoddard Nov 10, 2011:
It could be 'uncovered positions' rather than overdrafts - I'm not sure.
Ronnie McKee (asker) Nov 10, 2011:
Something like this? For purposes of the cash flow statement we include ¿at least? (or we subtract??) cash and cash equivalent ¿and? the ocasional overdrafts that are part of the Company cash management.

Proposed translations

9 hrs
Selected

decrease in cash and cash equivalents

For the purposes of the cash flow statement the occasional overdrafts resulting from the Company's cash flow management are registered as a reduction in cash and cash equivalents
"Efectivo" means cash. I agree the syntax is tortuous.
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4 KudoZ points awarded for this answer. Comment: "Thank you very much. Its what it has to mean, but I would never have managed to get there. I'm talking about the meaning of the entire sentence."
18 mins

For the purposes of the cash flow statement, the occasional overdrafts and other equivalent liquid a

This is how I would word it.

For the purposes of the cash flow statement, the occasional overdrafts and other equivalent liquid assets that form part of the company cash management are deducted.
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