Glossary entry (derived from question below)
Polish term or phrase:
pokrywać ujemny wynik finansowy
English translation:
to cover the net loss
Added to glossary by
Mariusz Kuklinski
Jun 13, 2012 22:58
11 yrs ago
1 viewer *
Polish term
pokrywać ujemny wynik finansowy
Polish to English
Bus/Financial
Finance (general)
finance
spółka pokrywa we własnym zakresie ujemny wynik finansowy
Proposed translations
(English)
5 +4 | to cover the net loss | Mariusz Kuklinski |
Change log
Jun 27, 2012 04:36: Mariusz Kuklinski Created KOG entry
Proposed translations
+4
29 mins
Selected
to cover the net loss
... 1.2. To distribute the profit of Nordecon AS as follows: net loss of the company of the financial year 2011 is EUR 5,304,000. The balance of retained earnings is EUR 10,257,000. To cover the net loss of the financial year using the retained earnings of previous periods. The balance of the retained earnings will remain undistributed. Not to pay dividends to the shareholders and not to make transfers to the statutory reserve.
Reference:
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
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