how to read financial statements in portugal

[email protected]
+33 1 41 49 06 66
www.afigec.com
DOING BUSINESS IN
PORTUGAL
HOW TO READ FINANCIAL STATEMENTS IN PORTUGAL
The main Portuguese Financial Statements always consists of:
-
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Changes in Equity
Notes
Management Report
You will find hereafter a translation of the model of a Balance Sheet and Profit and Loss Statement and Cash
Flow Statement.
If you have any queries, do not hesitate to ask.
Documentation issued in September 2015 by Pinto & Palma, an independent member of
PrimeGlobal. The information provided is general information. Your company should check
with a professional accountant to ensure that your issue is in line with the general information
provided.
♣ Profit and Loss Statement
♣ Cash Flow Statement
♣ Changes in Equity
♣ Notes
♣ Management Report
[email protected]
DOING BUSINESS IN
PORTUGAL
+33 1 41 49 06 66
www.afigec.com
You will find hereafter a translation of the model of a Balance Sheet and Profit and Loss Statement
and Cash Flow Statement.
If you have any queries do not hesitate to ask.
Nome da Empresa
Tax Number
Company Name
Fiscal Number
Balanço
Balance Sheet
Demonstração da Posição Financeira
Statement of Financial Position
ACTIVO
ASSETS
Exercícios (Fiscal Years)
N
N-1
Activo não corrente
Activos fixos tangíveis
Propriedades de Investimento (Investment Properties)
Goodwill
Activos Intangíveis
Activos Biológicos
Participações financeiras - método da equivalência
patrimonial
Participações financeiras - outros métodos
Accionistas / Sócios
Outros activos financeiros
Activos por impostos diferidos
Non-current assets
Tangible fixed assets
Investment Properties
Goodwill
Intangible Assets
Biological Assets
0
0
0
0
0
0
0
0
0
0
Investments - equity method
0
0
Investments - other method
Shareholders
Other Investments assets
Deferred tax assets
0
0
0
0
0
0
0
0
0
0
Activo Corrente
Inventários
Activos Biológicos
Clientes
Adiantamento a fornecedores
Estado e outros entes públicos
Accionistas / Sócios
Outras contas a receber
Diferimentos
Activos financeiros detidos para negociação
Outros activos financeiros
Activos não correntes detidos para venda
Caixa e depósitos bancários
Current assets
Inventory
Biological Assets
Customers
Advances to suppliers
State andother public bodies
Shareholders
Other debtors
Deferred
Financial assets available for negotiation
Other Investments assets
Non-current assets available for sale
Cash and Bank deposits
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total do activo
Total Assets
0
0
Note: This information is only a rough summary. It doesn’t cover all the situations nor resume the whole Portuguese Tax
Code - which is very complex. Please contact us for accurate information adapted to your situation. We cannot be held
responsible for any misinterpretation of this document.
Head Office: Campo Grande, 137 1ºDt 1700-089 Lisboa – Tel. +351 21 774 07 23 Fax. +351 21 774 21 89
Office 2:
Rua João Simões Tavares, 10, Sala 206 8500-293 Portimão; Portugal
O.R.O.C (nº 171) - Capital 125.000 Euros – N.I.P.C. 504 953 877; www.pintopalma.pt e-mail: [email protected]
Documentation issued in September 2015 by Pinto & Palma, an independent member of
PrimeGlobal. The information provided is general information. Your company should check
with a professional accountant to ensure that your issue is in line with the general information
provided.
1
DOING BUSINESS IN
PORTUGAL
[email protected]
+33 1 41 49 06 66
www.afigec.com
Nome da Empresa
Tax Number
Company Name
Fiscal Number
Balanço
Balance Sheet
Demonstração da Posição Financeira
Statement of Financial Position
CAPITAL PRÓPRIO E PASSIVO
EQUITY CAPITAL AND LIABILITIES
Capital próprio
Capital
Acções próprias
Prestações suplementares e outros instrumentos de capital
próprio
Prémios de emissão
Reservas Legais
Outras reservas
Resultados Transitados
Ajustamentos em activos financeiros
Excedentes de revalorização
Outras variações no capital próprio
Resultado líquido do período
Interesses minoritários
Equity Capital
Capital
Own Shares
Total do capital próprio
Exercícios (Fiscal Years)
N
N-1
0
0
0
0
Supplementary installments of capital and equity instruments
0
0
Stock Premiums
Legal Reserves
Other Reserves
Retained Earnings
Adjustments in financial assets
Revaluation surpluses
Other changes in equity capital
Net Income
Minority Interests
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Equity Capital
0
0
PASSIVO
LIABILITIES
Passivo não corrente
Provisões
Financiamentos obtidos
Responsabilidades por benefícios pós-emprego
Passivos por impostos diferidos
Outras contas a pagar
Non-current Liabilities
Provisions
Loans
Liabilities for post-employment benefits
Deferred tax liabilities
Other payables
Passivo corrente
Fornecedores
Adiantamentos de clientes
Estado e outros entes públicos
Accionistas / Sócios
Financiamentos obtidos
Outras contas a pagar
Diferimentos
Passivos financeiros detidos para negociação
Outros passivos financeiros
Passivos não correntes detidos para venda
Exercícios (Fiscal Years)
N
N-1
0
0
0
0
0
0
0
0
0
0
0
0
Current Liabilities
Suppliers
Advances from customers
State and other public bodies
Shareholders
Loans
Other payables
Deferred Liabilities
Financial liabilities held for negotiation
Other financial liabilities
Non-current liabilities held for sale
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total do passivo
Total Liabilities
0
0
Total do capital próprio e do passivo
Total Equity Capital and Liabilities
0
0
Note: This information is only a rough summary. It doesn’t cover all the situations nor resume the whole Portuguese Tax
Code - which is very complex. Please contact us for accurate information adapted to your situation. We cannot be held
responsible for any misinterpretation of this document.
Head Office: Campo Grande, 137 1ºDt 1700-089 Lisboa – Tel. +351 21 774 07 23 Fax. +351 21 774 21 89
Office 2:
Rua João Simões Tavares, 10, Sala 206 8500-293 Portimão; Portugal
O.R.O.C (nº 171) - Capital 125.000 Euros – N.I.P.C. 504 953 877; www.pintopalma.pt e-mail: [email protected]
Documentation issued in September 2015 by Pinto & Palma, an independent member of
PrimeGlobal. The information provided is general information. Your company should check
with a professional accountant to ensure that your issue is in line with the general information
provided.
2
DOING BUSINESS IN
PORTUGAL
[email protected]
+33 1 41 49 06 66
www.afigec.com
Nome da Empresa
Tax Number
Company Name
Fiscal Number
Demonstração dos Resultados por Naturezas
Profit and Loss Statement
RENDIMENTOS E GASTOS
INCOME AND EXPENSES
Vendas e serviços prestados
Subsídios à exploração
Ganhos/perdas imput. de subsid., assoc. e empreend. conj.
Variação nos inventários da produção
Trabalhos para a própria entidade
Custo das mercadorias vendidas e das matérias consumidas
Fornecimentos e serviços externos
Gastos com o pessoal
Imparidade de inventários (perdas / reversões)
Imparidade de dívidas a receber (perdas / reversões)
Provisões (aumentos / reduções)
Impar. de activos não deprec./amort. (perdas / reversões)
Aumentos / reduções de justo valor
Outros rendimentos e ganhos
Outros gastos e perdas
Resultado antes de deprec., gastos de financ. e impostos
Gastos / reversões de depreciação e de amortização
Impar. de activos deprec. / amort. (perdas/reversões)
Resultado operacional (antes de gastos de financ. e impostos)
Juros e rendimentos similares obtidos
Juros e gastos similares suportados
Resultado antes de impostos
Imposto sobre o rendimento do período
Resultado líquido do período
Sales and Services rendered
Trading Subsidies
Gains / losses charged to subsidiaries and joint ventures
Change in inventories for production
In House Work
Cost of goods sold and materials consumed
Third party suppliers and services
Staff expenses
Impairment of inventories (losses / reversals)
Impairment of receivables (losses / reversals)
Provisions (increases / reductions)
Impairment of non-depreciable / amortizable (losses / reversals)
Increases / decreases in fair value
Other income and gains
Other expenses and losses
Result before depreciation, financing costs and taxes
Expenses / reversals of depreciation and amortization
Impairment of assets depreciable / amortizable (losses / reversals)
Operating results (before financing costs and taxes)
Interest income obtained
Interest and similar expenses incurred
Results before tax
Income tax For the period
Net income of the period
Exerc. (Fiscal Years)
N
N-1
+
+
+/+/+/+/+/+/+/+
0
+/+/0
+
0
0
+
+
+/+/+/+/+/+/+/+
0
+/+/0
+
0
0
Note: This information is only a rough summary. It doesn’t cover all the situations nor resume the whole Portuguese Tax
Code - which is very complex. Please contact us for accurate information adapted to your situation. We cannot be held
responsible for any misinterpretation of this document.
Head Office: Campo Grande, 137 1ºDt 1700-089 Lisboa – Tel. +351 21 774 07 23 Fax. +351 21 774 21 89
Office 2:
Rua João Simões Tavares, 10, Sala 206 8500-293 Portimão; Portugal
O.R.O.C (nº 171) - Capital 125.000 Euros – N.I.P.C. 504 953 877; www.pintopalma.pt e-mail: [email protected]
Documentation issued in September 2015 by Pinto & Palma, an independent member of
PrimeGlobal. The information provided is general information. Your company should check
with a professional accountant to ensure that your issue is in line with the general information
provided.
3