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Q: Finance ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: Finance
Category: Business and Money
Asked by: leander1-ga
List Price: $10.00
Posted: 14 Mar 2004 09:25 PST
Expires: 13 Apr 2004 10:25 PDT
Question ID: 316603
Hello Scriptor!
Can you please tell me if the translation I have (not my own) for this
text is accurate, and if not correct it:
Original German:
"Im Geschäftsjahr 2003 wurde zu Lasten des Personalaufwandes  eine
Zuweisung in die Arbeitgeberbeitragsreserve der
Personalvorsorgestiftung der (Name der firma) im Betrage CHF 1.2 Mio."
Received English translation:
"In the business year 2003, a withdrawal of CHF 1.2 m was made from
the reserves of employer's contributions held by (name of the firm)'s
foundation for prudential reserves for personnel to the credit of
staff costs."
I think it is somehow the wrong way round!
Many thanks,
Leander1
Answer  
Subject: Re: Finance
Answered By: scriptor-ga on 14 Mar 2004 09:53 PST
Rated:5 out of 5 stars
 
Dear leander1,

You are correct, there is something wrong with the English
translation. The money was paid in the reserves of employer's
contributions, not withdrawn from them. Actually, the German text
says:

"In the business year 2003, an allocation of funds to the reserves of
employer's contributions of (name of firm)'s pension fund foundation
[better: penison fund trust] amounting to CHF 1.2 m was made at the
expense of personnel expenditure."

Hope this helps!
Best regards,
Scriptor
leander1-ga rated this answer:5 out of 5 stars
Great! Thank you - I hope I got the stra rating right this time!
Best regards,
Leander1

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