Glossary entry

Danish term or phrase:

mellembalance

English translation:

interim financial statements

Added to glossary by Mette Melchior
Nov 5, 2009 09:44
14 yrs ago
Danish term

mellembalance

Danish to English Bus/Financial Finance (general)
i et indeværende regnskabsår.
Change log

Nov 10, 2009 14:27: Mette Melchior Created KOG entry

Proposed translations

3 days 23 hrs
Selected

interim financial statements / interim accounts

"Mellembalance" is used as a synonym of "perioderegnskab" in Danish which corresponds to "interim accounts" or "interim financial statements" in English. Normally, it doesn't only refer to a balance sheet but to a company's accounts at a time before the end of the financial year.

"Mulighed for at udbetale ekstraordinært udbytte på grundlag af mellembalancer, som typisk vil være et halvårsregnskab eller et andet perioderegnskab." (http://www.kpmg.dk/view.asp?ID=2055)

"Beslutningen om udlodning af ekstraordinært udbytte skal indføres i bestyrelsens forhandlingsprotokol og vedlægges følgende dokumenter:

* Et perioderegnskab (i loven benævnt "mellembalance"), der viser, at der er tilstrækkelige midler til rådighed for udlodningen." (http://www.kroyerpedersen.dk/faglig-viden/revision-regnskab/...
Example sentence:

The condensed interim financial statements comprise the results and balances of the Company and its subsidiaries (the Group) for the six-month period ended 30 June 2009

Therefore, before a dividend can be paid the directors have to consider whether there are sufficient reserves at the time. This is established by looking at the last available annual or interim accounts.

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4 KudoZ points awarded for this answer.
2 mins

interim balance

ok/
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3 mins

interim statement of accounts

Ref: L&H
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20 hrs

interim balance

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