Glossary entry (derived from question below)
German term or phrase:
Finanzmittelfonds
English translation:
cash and cash equivalents
Added to glossary by
TransHorn
Aug 22, 2013 09:31
10 yrs ago
35 viewers *
German term
Finanzmittelfonds
German to English
Bus/Financial
Accounting
I'm not sure how to best present this question, as it pertains to what I /think/ are various translations of the same term - "cash and cash equivalents".
According to proz (http://www.proz.com/kudoz/german_to_english/accounting/23469... Finanzmittelfonds can be translated as cash and cash equivalents. However, in the annual report I am translating, the following terms are used interchangeably to also mean cash and cash equivalents: Bestand an Zahlungsmittel, flüssige Mittel and Zahlungsmittel und Zahlungsmitteläqivalente.
Under the heading "Konzern-Kapitalflussrechnung für 20xx", this appears:
Zusammensetzung des Finanzmittelfonds:
Flüssige Mittel
./. Finanzverbindlichkeiten kurzfristig
How would I differentiate between Finanzmittelfonds and Flüssige Mittel here? Would Finanzmittelfonds be net cash and cash equivalents?
IFRS is being used and the translation is British English.
According to proz (http://www.proz.com/kudoz/german_to_english/accounting/23469... Finanzmittelfonds can be translated as cash and cash equivalents. However, in the annual report I am translating, the following terms are used interchangeably to also mean cash and cash equivalents: Bestand an Zahlungsmittel, flüssige Mittel and Zahlungsmittel und Zahlungsmitteläqivalente.
Under the heading "Konzern-Kapitalflussrechnung für 20xx", this appears:
Zusammensetzung des Finanzmittelfonds:
Flüssige Mittel
./. Finanzverbindlichkeiten kurzfristig
How would I differentiate between Finanzmittelfonds and Flüssige Mittel here? Would Finanzmittelfonds be net cash and cash equivalents?
IFRS is being used and the translation is British English.
Proposed translations
(English)
| 4 +2 | cash and cash equivalents |
RobinB
|
| 3 +1 | cash funds |
Michael Martin, MA
|
| 4 | Capital funds |
Peter Manda
|
| 5 -2 | cash flow statement |
Claudia Hoffmann
|
Proposed translations
+2
1 hr
Selected
cash and cash equivalents
It's not uncommon to see a variety of German terms used in the same financial statements to mean "cash and cash equivalents". After all, financial statements have multiple authors over time, and not all of them either speak to each other or can be bothered to harmonise their terminology with what other authors have used.
For your example:
Zusammensetzung des Finanzmittelfonds:
Flüssige Mittel
./. Finanzverbindlichkeiten kurzfristig
I'd suggest:
Composition of cash and cash equivalents:
Cash funds
less current financial liabilities
For your example:
Zusammensetzung des Finanzmittelfonds:
Flüssige Mittel
./. Finanzverbindlichkeiten kurzfristig
I'd suggest:
Composition of cash and cash equivalents:
Cash funds
less current financial liabilities
4 KudoZ points awarded for this answer.
Comment: "Thank you very much, RobinB."
-2
23 mins
Claudia Hoffmann
Germany
Germany
Native in German
Specializes in field
Germany
Getting language to you
Native in: German 
Works in: English to German, German to English, Arabic to German, and 2 more.
Related KudoZ points
:
14
cash flow statement
cash flow statement
Peer comment(s):
| neutral |
freekfluweel
: You cannot keep on giving answers with CL5 with NO refs at all!
13 mins
|
| disagree |
Steffen Walter
: No. This would be the translation of "Kapitalflussrechnung", whereas the requested term is "Finanzmittelfonds".
13 mins
|
| disagree |
RobinB
: Perhaps you didn't understand the question.
1 hr
|
+1
1 day 55 mins
Michael Martin, MA
United States
United States
Native in German
&
English
United States
Creativity wins in the long run
Native in: German (Variant: Germany) 
, English (Variant: US)
Works in: German to English
Related KudoZ points
:
48
cash funds
See example below:
"The statement of cash flows reconciles the movements in cash
and cash equivalents, so-called “cash funds” (“Finanzmittelfond”). Bank overdrafts which are repayable at any time and which are an integral part of an enterprise’s cash management may be included in “cash funds”."
"The statement of cash flows reconciles the movements in cash
and cash equivalents, so-called “cash funds” (“Finanzmittelfond”). Bank overdrafts which are repayable at any time and which are an integral part of an enterprise’s cash management may be included in “cash funds”."
5 hrs
Peter Manda
United States
United States
Native in German
&
English
Works in field
United States
Taxation, Commercial Law
Native in: English , German
Works in: German to English, Persian (Farsi) to English, Spanish to English, and 4 more.
Capital funds
finanzmittel --> capital asset
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Note added at 10 days (2013-09-01 17:39:05 GMT) Post-grading
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There's a certain imprecision in using "cash and cash equivalents" since that's also "Bar und Barvermögen" (http://ec.europa.eu/internal_market/accounting/docs/markt-19... In the cash flow statement, finanzmittel = "financing asset" see: http://ec.europa.eu/internal_market/accounting/docs/markt-19...
--------------------------------------------------
Note added at 10 days (2013-09-01 17:39:05 GMT) Post-grading
--------------------------------------------------
There's a certain imprecision in using "cash and cash equivalents" since that's also "Bar und Barvermögen" (http://ec.europa.eu/internal_market/accounting/docs/markt-19... In the cash flow statement, finanzmittel = "financing asset" see: http://ec.europa.eu/internal_market/accounting/docs/markt-19...
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