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  3. Accounting

liquiditätswirksam verbraucht

English translation: used/utilised through cash transactions

16:44 Oct 2, 2020
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: liquiditätswirksam verbraucht
2020 werden zudem die Restrukturierungsrückstellungen aus 2019 liquiditätswirksam verbraucht.

What would be your take on "liquiditätswirksam verbraucht" here?

Thanks.
jackiekiefer
English translation:used/utilised through cash transactions
Explanation:
or the long way round: used/utilised through transactions recognised in the statement of cash flows/cash flow statement.

And please remember that Rückstellungen are "provisions", not accruals or reserves.
Selected response from:

RobinB
United States
Local time: 15:31
Grading comment
Thanks to everyone for their input - all useful.
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4used/utilised through cash transactions
RobinB
4spent in cash
Claudia Hoffmann
3will be offset against liquid assets
Michael Martin, MA
3used to ease the cash position
Cillie Swart
2will be monetized
Klaus Beyer
Summary of reference entries provided
liquiditätswirksam = with an impact on liquidity
philgoddard

Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5
spent in cash


Explanation:
In 2020 the accruals for restructuring 2019 will be spent in cash

Claudia Hoffmann
Germany
Local time: 22:31
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 14
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4 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
will be monetized


Explanation:
the restructuring reserves for 2019 will be monetized in 2020.

Klaus Beyer
United States
Local time: 15:31
Works in field
Native speaker of: English
PRO pts in category: 4
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6 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
used/utilised through cash transactions


Explanation:
or the long way round: used/utilised through transactions recognised in the statement of cash flows/cash flow statement.

And please remember that Rückstellungen are "provisions", not accruals or reserves.

RobinB
United States
Local time: 15:31
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 993
Grading comment
Thanks to everyone for their input - all useful.

Peer comments on this answer (and responses from the answerer)
agree  writeaway
12 hrs
neutral  Klaus Beyer: Lots of assumptions, text says nothing about cash transactions; instead, funds being used up
21 hrs
neutral  philgoddard: I don't see how you arrive at this.
1 day 1 hr
agree  Kim Metzger
1 day 2 hrs
agree  Harald Moelzer (medical-translator)
2 days 6 hrs
agree  Michael Bailey
9 days
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2 days 21 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
will be offset against liquid assets


Explanation:
or liquid funds/cash

Michael Martin, MA
United States
Local time: 16:31
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 48
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3 days 18 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
used to ease the cash position


Explanation:
The provisions are used in a way that affects the cash position or the liquidity. But not sure if it is a negative situation, in other words that it has a negative impact on liquidity. More context may help, and if positive, the right answer may even be something like "used in a liquidity-positive manner."

Given the reference to 2020 I think what is going on here is that they are using the provisions or reserves from 2019 to ease the cash position. So using the left over money from 2020 in that provision or reserve instead of using 2020 cash on hand.


    https://translate.google.com/#view=home&op=translate&sl=auto&tl=en&text=Restrukturierungsr%C3%BCckstellungen
    https://www.linguee.com/english-german/search?source=auto&query=liquidit%C3%A4tswirksam+verbraucht
Cillie Swart
South Africa
Local time: 22:31
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
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Reference comments


7 hrs peer agreement (net): +1
Reference: liquiditätswirksam = with an impact on liquidity

Reference information:
http://www.proz.com/kudoz/german-to-english/finance-general/...

philgoddard
United States
Works in field
Native speaker of: English
PRO pts in category: 73

Peer comments on this reference comment (and responses from the reference poster)
agree  writeaway: ah, those were the dayz.
1 day 32 mins
  -> :-)
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