The Profit and Loss Account in French Standards translated into English
English-speaking managers who run French companies or establishments of foreign companies located in France must understand the meaning of the various items of their balance sheet and profit and loss account.
For this purpose, we have established below a standard income statement with the most common items with their translation into English. This income statement does not include the complete accounts of the French chart of accounts but a large part of the most common. If you need a translation of an account that does not appear on this report, do not hesitate to contact us.
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Wording in French |
Wording in English |
AMOUNTS YEAR N |
AMOUNTS YEAR N-1 |
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PRODUITS D’EXPLOITATIONS (I) |
OPERATING INCOME (I) |
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VENTES DE MARCHANDISES |
SALE OF MANUFACTURED PRODUCTS, SERVICES, GOODS FOR RESALE |
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707 000 |
Vente de marchandises |
Sale of goods for resale |
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709 700 |
RRR accordés / ventes de marchandises |
Sales rebates, discounts, allowances granted by the entity – Sales of goods for resale |
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PRODUCTION VENDUE |
PRODUCTION SOLD |
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701 000 |
Ventes de produits finis |
Sales of finished products |
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704 000 |
Travaux |
Works |
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706 000 |
Prestation de services |
Services supplied |
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708 000 |
Produits des activités annexes (en partie) |
Income from related activities |
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MONTANT NET DU C.A |
TURNOVER |
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PRODUCTION STOCKÉE |
CHANGE IN STOCKS OF FINISHED PRODUCTS AND WORK IN PROGRESS |
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713 000 |
Variation de stocks |
Change in stocks |
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PRODUCTION IMMOBILISÉ |
OWN WORK CAPITALISED |
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720 000 |
Production immobilisée |
Own work capitalised |
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SUBVENTIONS D’EXPLOITATION |
OPERATING GRANTS |
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740 000 |
Subventions d’exploitation |
Operating grants |
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REPRISES SUR PROVISIONS |
PROVISIONS WRITTEN BACK |
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781 000 |
Reprises sur amortissements et provisions |
Depreciation and provisions written back |
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791 000 |
Transfert de charges d’exploitation |
Operating charges transferred |
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AUTRES PRODUITS |
OTHER CURRENT OPERATING INCOME |
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750 000 |
Autres produits de gestion courante |
Other current operating income |
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CHARGES D’EXPLOITATION (II) |
OPERATING COSTS (II) |
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ACHATS DE MARCHANDISES |
PURCHASES |
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607 000 |
Achats de marchandises |
Purchases of goods for resale |
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609 700 |
RRR obtenus sur achats |
Goods for resale |
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VARIATION DE STOCKS |
CHANGE IN STOCKS |
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603 700 |
Variation stock marchandises |
Change in stocks of goods for resale |
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ACHATS DE MATIERE 1ere ET AUTRES APPROVISIONNEMENTS |
INVENTORY ITEM PURCHASES – RAW MATERIALS AND OTHER CONSUMABLES |
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601 000 |
Achats de matières premières |
Inventory item purchases – raw materials (and supplies) |
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602 000 |
Achats stockés autres approvisionnements |
Inventory item purchases – other consumables |
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609 100 |
RRR de matières premières et fournitures |
Raw materials (and supplies) |
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VARIATION DE STOCKS |
CHANGE IN STOCKS |
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603 100 |
Variation des stocks de matières premières et fournitures |
Change in stocks of raw materials (and supplies) |
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603 200 |
Variation des stocks des autres approvisionnements |
Change in stocks of other consumables |
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AUTRES ACHATS ET CHARGES EXTERNES |
OTHER EXTERNAL SERVICES |
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605 000 |
Achats de matériel, équipements et travaux |
Purchases of equipment, facilities and works |
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606 100 |
Electricité Eau Gaz |
Non-inventoriable supplies (water, energy, etc…) |
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606 120 |
Carburant |
Fuel |
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606 300 |
Petit équipement |
Maintenance and minor equipment supplies |
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606 400 |
Fournitures bureau |
Administrative supplies |
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609 600 |
RRR d’approvisionnements non stockés |
Non-inventory consumables |
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612 200 |
Crédit-bail Mobilier |
Movable property leases |
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612 500 |
Crédit-bail Immobilier |
Real property leases |
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613 000 |
Locations |
Rental |
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615 000 |
Entretien |
Maintenance and repairs |
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616 000 |
Prime d’assurances |
Insurance premiums |
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622 600 |
Horaires |
Fees |
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623 100 |
Publicité |
Announcements and advertisments |
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624 100 |
Transports sur Achats |
Freight in |
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624 200 |
Transports sur Ventes |
Freight out |
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625 100 |
Voyages déplacement |
Journeys and business travel |
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626 000 |
Poste et Téléphone |
Postal and telecommunication costs |
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627 000 |
Services bancaires |
Banking and similar services |
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IMPOTS TAXES ET VERSEMENTS ASSIMILES |
TAXES, LEVIES AND SIMILAR PAYMENTS |
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630 000 à 638 000 |
Taxes |
Taxes |
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SALAIRES ET TRAITEMENTS |
PERSONNEL COSTS |
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641 000 |
Rémunérations du personnel |
Personnel wages and salaries |
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644 000 |
Rémunération du travail de l’exploitant |
Owner remuneration |
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CHARGES SOCIALES |
SOCIAL SECURITY CONTRIBUTIONS |
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645 000 |
Charges de sécurité sociale et de prévoyance |
Social security and provident fund contributions |
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646 000 |
Cotisations sociales personnelles de l’exploitant |
Owner social security contributions |
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648 000 |
Autres charges du personnel |
Other personnel costs |
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DOTATIONS AUX AMORTISSEMENTS ET AUX PROVISIONS |
APPROPRIATIONS TO DEPRECIATION AND PROVISIONS |
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681 100 |
Dotations aux amortissements et aux provisions |
Appropriations to depreciation on intangible and tangible fixed assets |
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681 500 |
Dotations aux provisions pour charges |
Appropriations to provisions for operating liabilities and charges |
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AUTRES CHARGES |
OTHER CURRENT OPERATING CHARGES |
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650 000 |
Autres charges de gestion courante sauf 655 |
Other current operating charges |
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RÉSULTAT D’EXPLOITATION (I-II) |
OPERATING RESULT (I-II) |
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PRODUITS FINANCIERS |
FINANCIAL INCOME |
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DE PARTICIPATIONS |
INCOME FROM PARTICIPATING INTERESTS |
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761 000 |
Produits de participations |
Income from participating interests |
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AUTRES INTERETS ET PRODUITS ASSIMILES |
INCOME FROM OTHER FINANCIAL FIXED ASSETS |
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763 000 |
Revenus des autres créances |
Income from other debts receivable |
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764 000 |
Revenus des valeurs mobilières de placement |
Income from short-term investment securities |
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REPRISES SUR PROVISIONS |
PROVISIONS FOR LIABILITIES WRITTEN BACK |
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DIFFERENCES POSITIVES DE CHANGE |
EXCHANGE GAINS |
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TOTAL PRODUITS FINANCIERS (III) |
TOTAL FINANCIAL INCOME (III) |
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CHARGES FINANCIERES |
FINANCIAL CHARGES |
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DIFFERENCES NEGATIVES DE CHANGE |
EXCHANGE LOSSES |
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TOTAL CHARGES FINANCIERES (IV) |
TOTAL FINANCIAL CHARGES (IV) |
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RÉSULTAT FINANCER (III-IV) |
FINANCIAL RESULT (III-IV) |
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RÉSULTAT COURANT AVANT IMPOT (I-II + III-IV) |
EARNING BEFORE TAX (I – II + III – IV) |
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PRODUITS EXCEPTIONNELS |
EXTRAORDINARY INCOME |
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SUR OPERATIONS DE GESTION |
EXTRAORDINARY INCOME ON OPERATING TRANSACTIONS |
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SUR OPERATIONS EN CAPITAL |
INCOME FROM ASSET REALISATION |
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TOTAL PRODUITS EXCEPTIONNELS (V) |
TOTAL EXTRAORDINARY INCOME (V) |
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CHARGES EXCEPTIONNELLES |
EXTRAORDINARY CHARGES |
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SUR OPERATIONS DE GESTION |
EXTRAORDINARY CHARGES ON OPERATING TRANSACTIONS |
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SUR OPERATIONS EN CAPITAL |
BOOK VALUES OF REALISED ASSETS |
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TOTAL CHARGES EXCEPTIONNELLES (VI) |
TOTAL EXTRAORDINARY CHARGES (VI) |
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RÉSULTAT EXCEPTIONNEL (V-VI) |
EXTRAORDINARY RESULT (V-VI) |
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IMPOTS SUR LES BENEFICES (VII) |
CORPORATE TAX (VII) |
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TOTAL DES PRODUITS (I+III+V) |
TOTAL INCOME (I + III + V) |
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TOTAL DES CHARGES (II+IV+VI+VII) |
TOTAL CHARGES (II + IV + VI + VII) |
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BENEFICE OU PERTE |
PROFIT OR LOSS |
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This translation helps to understand the labels but does not replace the analysis of the results and performance of the company. Our English speaking accountants are of course competent to perform this analysis.
In order to avoid a too long list of accounts we have limited our study to the profit and loss account, so we will publish a standard balance sheet and its translation through our next article.
