英语翻译Principles and objectives of financial management Financ

英语翻译
Principles and objectives of financial management
Financial management at DaimlerChrysler consists of capital structure management,cash and liquidity management,pension asset management,market price risk management (foreign exchange rates,interest rates,and commodities) and credit and financial country risk management.
Financial management is performed worldwide in a standardized way for all Group entities by Treasury.Financial management is guided by a framework of guidelines,limits and benchmarks.Financial management is separated from other financial functions such as financial controlling,reporting,settlement and accounting.These functions are not covered by Treasury but by the controlling and accounting departments in the companies of the Group.
Capital structure management designs the capital structure for the Group and all of its subsidiaries.Decisions regarding the capitalization of Financial Services companies,production,distribution,financing or regional holding companies are based on standardized Group guidelines.The capital resources of Group companies also depend on refinancing conditions in local banking markets.In addition,it is necessary to adhere to the provisions of the law as well as to so-called thin-capitalization rules in the taxation legislation of various countries,as well as various capital transaction restrictions on the transfer of capital and currencies imposed by various countries.
Cash management determines cash requirements and surpluses on a worldwide basis.The number of external bank transactions is minimized by the Group’s internal netting of cash requirements and surpluses.Netting is done by cashconcentration or cash-pooling procedures.DaimlerChrysler has established standardized processes and systems in order to control its bank accounts and the execution of automated payment transactions.
Liquidity management secures DaimlerChrysler’s ability to meet its payment obligations at any time.For this purpose,liquidity planning provides information about all cash flows from operating and financial activities for a rolling planning period of twelve months.Resulting financing requirements are covered by the use of appropriate instruments for liquidity management.Liquidity surpluses are invested in the money market to optimize return.Besides operational liquidity,DaimlerChrysler keeps liquidity reserves,which are available on a short-term basis.These liquidity reserves include a pool of receivables from the financial services business which are readily available for securitization in the capital market,as well as confirmed syndicated credit lines with varying maturities.

财务管理在戴姆勒-克莱斯勒构成的资本结构管理,现金和流动资金管理,养老金资产管理,市场价格风险管理（外国的汇率,利率,商品）及信贷和金融的国家风险管理.
财务管理是世界各地演出,在一个标准化的方法,为所有集团实体,由库务署.财务管理是遵循一个框架,指导方针,限制和基准.财务管理是分不开的其他金融职能,如财务控制,报告,结算和核算.这些职能是不包括在库务署,而是由控制和会计部门在公司的工作组.
资本结构的设计,管理的资本结构,为集团及其所有附属公司.的决定,关于资本金融服务公司,生产,销售,融资或区域控股公司的基础上,规范组的指引.资本资源的公司集团还取决于再融资条件,在本地银行市场.此外,它是要坚持法律的规定,以及以所谓薄资本规则,在税收立法的各个国家,以及各种资本交易的限制,转移的资本和货币所施加的各种国家.
现金管理的决定所需的现金盈余和对全世界范围的基础上.有多少对外银行交易是尽量减少本集团的内部净额结算所需的现金和盈余.扣除是由cashconcentration或现金汇集程序.戴姆勒克莱斯勒公司已建立标准化的程序和制度,以控制其银行帐户和执行自动付款的交易.
流动资金管理保证戴姆勒-克莱斯勒的能力,以满足其付款义务,在任何时候.为此,流动资金规划提供了有关的所有现金流量的营运和财务活动的滚动规划,为期十二个月.导致所需经费所涵盖的使用适当的工具,为流动资金管理.流动资金盈余投资于货币市场,优化回报.除了业务的流动资金,戴姆勒克莱斯勒,保持流动资金的储备,而这可于短期的基础上.这些流动性储备,包括一个游泳池应收款从金融服务业务是现成的证券在资本市场,以及证实,集团信贷额度,不同到期日