Translation of "Währungsgewinne" in English

The change in the first half of 2010 was primarily due to foreign currency gains.

The reduction in operating profit is explained by the one-time disposal and exchange rate gains generated in the previous year.

However, since the exchange rate used in the accounting system was equal to the daily rate of the individual export sale, and therefore reflected the sales amount in the domestic currency, no adjustment for speculative currency gains could be granted.

Currency outflows that entail a change in the holding of a given currency may give rise to realised foreign exchange gains or losses.

Lower prices resulting from declining raw material costs will be compensated by currency gains and higher demand in the Business Unit CFM.

The decline was partially compensated by positive currency gains owing to the devaluation of the euro against some Asian currencies.

Included in the financial results 2014 are currency exchange gains of CHF 1.4 million, while in 2013 currency exchange losses of CHF 4.8 million were reported.

In addition, one-off factors, in particular currency translation gains in the amount of more than CHF 7 million also had a positive impact on earnings.

Due to the absence of foreign currency gains and the concurrent lower interest rates, the Group obtained a slightly negative finance income, which in turn resulted in earnings before taxes (EBT) in the amount of EUR -5.1 million.

Moreover, Euro 2.1 million in foreign currency gains was reported in the previous year, which turned into foreign currency losses due to the volatility of the Hungarian forint in the current financial year.

These amounts were offset by the decrease in travel costs (from $30,871 to $9,845) and an increase in foreign exchange gain (from $47,615 to $105,785).

TriodosBank has also documented its assessment of whether the derivatives that are used in hedging transactions are effective in offsetting currency results of the hedged items using generic documentation.

These changes are due to the unscheduled personnel cost provision already mentioned and to imputed foreign exchange losses of KEUR 568 (previous year: foreign exchange gains of KEUR 382).

Focusing on the core business, most of the modest sales improvement can be traced to currency exchange gains, although the company says that it has seen strong demand in South America and the Pacific Rim, including Australia, although this was offset by continued weakness in North America, Europe, Africa and the Middle East.

Foreign exchange gains (previous year: foreign exchange losses) and earnings contributed by Boltaron, which had not been included in the consolidated accounts for the first quarter of 2014, had a positive impact on overall earnings.

The Group result was clearly influenced by the exchange rate trend of the Russian rouble against the euro, which led to translation-related exchange gains in Q1 2015 and to exchange losses in the same period of the previous year.

In addition, one-off effects, most prominently currency gains in the amount of more than CHF 7 million, had a positive impact on earnings.

That may be good for me – I make currency gains – or bad: despite the interest in the USD-area, there are losses, because the exchange rate has changed (exchange rate risk).