In return for - в оплату за

Injection of funds вложение капитала

Internal finance - внутреннее финансирование

loan п — заем, ссуда

meet commitments выполнять обязательства monitor v осуществлять текущий контроль

premises npl- недвижимость, здание с прилегающими по­стройками и участком земли reinvest v - реинвестировать, снова помещать (капитал);

снова инвестировать reinvestment п - повторное инвестирование rental п - сумма арендной платы; рентный доход return on investment - прибыль на инвестированный капи­тал

sale and lease back - продажа и обратная аренда (продажа оборудования с условием получения его обратно в арен­ду на определенный срок)

short-run objectives - краткосрочные цели

sources of funds - источники капитала

survival п - выживание

trading activities - торговая деятельность

wages п - заработок, доход, вознаграждение

withdraw - брать назад

Exercises

|* Translate the following word combinations or find Russian equivalents.

1. day-to-day expenditure

2. to increase efficiency

3. internal finance

4. external finance

5. in return for an agreed rental

6. Financial Accountant

7. Management Accountant

8. Financial Analyst

9. up-to-date financial information 10. business activity

Translate the following sentences into Russian.

1. The most fundamental objective of all businesses is sur­vival.

2. To remain competitive the company should maintain and increase efficiency.

3. The most important factor in deciding the method of obtaining the finance is the reason the finance is required.

4. In order to meet current commitments the cash flow needs to be carefully monitored.

5. Sources of funds and application of funds are closely related.

6. Internal finance can be obtained from the profits of the previous trading activities.

Fill the gaps in the sentences below with the words and expressions from the box. There are two expressions, which you don't need to use.

economies of scale, internal finance, increase efficiency, extending ownership, financial accounts, current income, budgeting, day-to-day expenditure, encounter problems, diversify its product range, external finance, cash flow

1. The management of the business's income and expen- diture is known as the of the business.

2. The current expenditure is normally financed from

, that is from the money generated from

the sale of the business's goods or services.

3. Growth allows the firm to

. and open up new markets.

4. With growth come the benefits of

and a more secure position in the market.

b. A business, which does not develop and grow, will

in maintaining its market share.

6. The money that a business generates from its own assets is known as .

7. The money received from the injection of funds from outside the business is known as -

8. Attracting people outside the business who are pre- pared to invest money in its future is .

9. Financial Accountants are responsible for preparing the of the business.

10. Management Accountants are responsible for

the business.

Find English equivalents for the following Russian expressions and words:

1. текущий доход

2. текущий расход

3. краткосрочные цели

4. основной капитал

5. использование денежных средств

6. денежные ресурсы

7. торговая деятельность

8. повторное инвестирование

9. капиталовложения 10. заем, ссуда

Translate the following sentences from Russian into English.

1. Сбор, изложение и оценка финансовой информации являются основными задачами финансового отдела.

2. Финансовые аналитики консультируют по вопро­сам о целесообразности новых инвестиционных про­ектов.

3. Выживание компании и ее рост и развитие тесно связаны.

4. Повторное инвестирование является очень важным финансовым источником капиталовложения.

5. Финансовые решения зависят как от источников капитала, так и от использования денежных средств. • ,

6. Все фирмы занимают деньги, для того чтобы финан­сировать свою коммерческую деятельность.

Unit 2. LISTENING