Nov 3, 2021 15:55
2 yrs ago
20 viewers *
French term
France
Websites and International Development
Native in: English (Variant: UK) 
Works in: French to English, English
avec contrepartie d’actifs immobilisés
French to English
Bus/Financial
Accounting
French Foundation's annual accounts
Hello,
Would it be possible to help me out with the above phrase, which occurs in a French foundation's balance sheet?
If one of you could shed some light on the exact meaning of this phrase, or help me with the French translation, that would be great.
Here is the surrounding text:
Bilan (passif)
FONDS PROPRES / FONDS ASSOCIATIFS
Fonds propres / fonds associatifs sans droit de reprise
dont legs et donations avec contrepartie d’actifs immobilisés
And my current attempt:
"including gifts and legacies to be held as fixed assets"
Many thanks in advance!
Jenny
Would it be possible to help me out with the above phrase, which occurs in a French foundation's balance sheet?
If one of you could shed some light on the exact meaning of this phrase, or help me with the French translation, that would be great.
Here is the surrounding text:
Bilan (passif)
FONDS PROPRES / FONDS ASSOCIATIFS
Fonds propres / fonds associatifs sans droit de reprise
dont legs et donations avec contrepartie d’actifs immobilisés
And my current attempt:
"including gifts and legacies to be held as fixed assets"
Many thanks in advance!
Jenny
Proposed translations
(English)
| 4 +1 | fixed assets donations/donated fixed assets |
Francois Boye
|
| 4 | with counterpart of fixed assets |
MassimoA
|
| 3 | matched by fixed assets |
Adrian MM.
|
Proposed translations
+1
3 hrs
Francois Boye
United States
United States
Native in French
United States
An economic geek with social skills
Native in: French 
Works in: English to French, French to English, Spanish to English, and 1 more.
Related KudoZ points
:
150
Selected
fixed assets donations/donated fixed assets
4 KudoZ points awarded for this answer.
Comment: "Many thanks for your help on this!"
45 mins
Adrian MM.
Austria
Austria
Native in English
Specializes in field
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: British, Scottish)
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
Related KudoZ points
:
41
matched by fixed assets
dont legs et donations : including testamentary and lifetime gifts
Legs: bequests or legacies of personalty e.g. goods, chattels and money, NB plus devises of land + buildings - see Bridge's FRE/ENG Council of europe Glossary.
I can only surmise that, on winding-up e.g. dissolution of the foundation or unincorporated assoc., the members' payback is assured. What happens to surplus funds is sure to be more straightforward than in ENG law and the subject of conflicting court cases.
Legs: bequests or legacies of personalty e.g. goods, chattels and money, NB plus devises of land + buildings - see Bridge's FRE/ENG Council of europe Glossary.
I can only surmise that, on winding-up e.g. dissolution of the foundation or unincorporated assoc., the members' payback is assured. What happens to surplus funds is sure to be more straightforward than in ENG law and the subject of conflicting court cases.
Example sentence:
Transferring Excess Capital Lifetime Gifts and Testamentary Bequests.
1 day 2 hrs
with counterpart of fixed assets
Counterpart: business conducted in conjunction with another for insurance or compensation purposes; therefore, what is given, requested or received by way of compensation.
Reference comments
1 hr
Steve Robbie
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Expertise, accuracy and style
Native in: English
Works in: German to English, French to English, Dutch to English
Related KudoZ points
:
12
Reference:
RÈGLEMENT N° 2009-01 DU 3 DÉCEMBRE 2009 RELATIF AUX RÈGLES COMPTABLES APPLICABLES AUX FONDATIONS
(i) Les legs et donations complémentaires affectés de manière irrévocable et définitive par les fondateurs de leur vivant ou par testament sont comptabilisés directement en dotations, selon les dispositions précisées ci-avant. Ces dotations complémentaires peuvent être comptabilisées avec les dotations initiales ou individualisées.
De même, les legs et donations qui correspondent à des biens durables mis à disposition de l'association ou de la fondation pour la réalisation de son objet social sont considérés comme des apports en fonds propres (compte « 1025. Legs et donations avec contrepartie d'actifs immobilisés » ou « 1035. Legs et donations avec contrepartie d'actifs immobilisés assortis d'une obligation ou d'une condition »).
https://www.legifrance.gouv.fr/jorf/article_jo/JORFARTI00002...
This appears to confirms Adrian's surmise. It seems that the account in question is for assets "mise à disposition" rather than those "afféctés de manière irrévocable".
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Note added at 17 hrs (2021-11-04 09:17:36 GMT)
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On reflection, I'm not so sure that Adrian was right and am inclined to agree that it simply means gifts in the form of fixed assets.
De même, les legs et donations qui correspondent à des biens durables mis à disposition de l'association ou de la fondation pour la réalisation de son objet social sont considérés comme des apports en fonds propres (compte « 1025. Legs et donations avec contrepartie d'actifs immobilisés » ou « 1035. Legs et donations avec contrepartie d'actifs immobilisés assortis d'une obligation ou d'une condition »).
https://www.legifrance.gouv.fr/jorf/article_jo/JORFARTI00002...
This appears to confirms Adrian's surmise. It seems that the account in question is for assets "mise à disposition" rather than those "afféctés de manière irrévocable".
--------------------------------------------------
Note added at 17 hrs (2021-11-04 09:17:36 GMT)
--------------------------------------------------
On reflection, I'm not so sure that Adrian was right and am inclined to agree that it simply means gifts in the form of fixed assets.
Note from asker:
| Thanks very much for this reference Steve |
Discussion
And, if so, could it simply mean "gifts of fixed assets"?