noun
Definition 1
Profit attributable to the shareholders of the parent company (see note to attributable net profit)
Source: Invertext
Context: CNP Group attributable net earnings increased to €1.22 billion in 2007.
Source: www.caissedesdepots.fr
Note
Accounting rules in English-speaking countries do not normally accept the net earnings attributable to a certain number or proportion of the shareholders of a consolidated group as constituting a recognised category of earnings. Spanish accounting does, if not overtly, at least tacitly. Consequently, the standalone expression "attributable net earnings", or as it sometimes appears "net attributable earnings", is in the majority of cases a word-for-word translation of the Spanish equivalent, of questionable meaning in English. Where the reporting company formally reports in Spanish and the English-language version is presented as a mere courtesy to non-Spanish speaking shareholders, no serious problem arises. However, in the case of ADRs trading on US exchanges, or where the company is actively seeking funds from English-speaking investors, to avoid unnecessary complications it is advisable to anglicise the expression, stating not simply that a proportion of net earnings is attributable but to whom that proportion is attributable.
Sinónimos
attributable earnings 1 , attributable profit 1 , attributable result 1
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