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Document 52021PC0776

Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulation (EU) No 549/2013 and repealing 11 legal acts in the field of national accounts

COM/2021/776 final

Brussels, 10.12.2021

COM(2021) 776 final

2021/0407(COD)

Proposal for a

REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

amending Regulation (EU) No 549/2013 and repealing 11 legal acts in the field of national accounts

(Text with EEA relevance)


EXPLANATORY MEMORANDUM

1.CONTEXT OF THE PROPOSAL

Reasons for and objectives of the proposal

Regulation (EU) No 549/2013 1 , which established the revised European System of Accounts (ESA 2010), includes a conceptual basis (Annex A) and a transmission programme of data to be transmitted to Eurostat (Annex B). Since the introduction of ESA 2010 in 2014, there has been an evolution in a key statistical classification upon which it is based (a new Classification of Individual Consumption by Purpose, or COICOP 2 ) and also an evolution in the needs of users for national accounts data.

The Commission therefore believes that it is appropriate to amend Regulation (EU) No 549/2013 to update references to the COICOP classification and to update the transmission programme to reflect new user needs

In addition, the Commission believes that it is opportune to repeal 11 legal acts relating to the previous European System of Accounts (ESA 1995) 3 , as these acts are no longer relevant.

Consistency with existing policy provisions in the policy area

The proposal is fully consistent with existing statistical provisions in Union legislation.

Consistency with other Union policies

The national accounts data which are prepared and transmitted under Regulation (EU) No 549/2013 are widely used for Union policy purposes and the revisions proposed will enhance the availability of data for users.

2.LEGAL BASIS, SUBSIDIARITY AND PROPORTIONALITY

Legal basis

Article 338 of the Treaty on the Functioning of the European Union (TFEU) provides the legal basis for European statistics. Acting in accordance with the ordinary legislative procedure, the European Parliament and the Council adopt measures to ensure that statistics are produced where this is necessary to enable the Union to perform its role. Article 338 TFEU sets out the requirements for producing European statistics necessary for the performance of the activities of the Union, which must meet certain standards of impartiality, reliability, objectivity, scientific independence, cost-effectiveness and statistical confidentiality without entailing excessive burdens on economic operators.

Subsidiarity (for non-exclusive competence)

The subsidiarity principle applies insofar as the proposal does not fall within the exclusive competence of the Union.

The proposal for this Regulation has been drafted with a view to retaining the relevance of the ESA 2010 with respect to its conceptual basis and to its transmission programme. Member States acting independently cannot sufficiently achieve the objectives of the proposed action with the view of ensuring comparability, reliability and exhaustiveness. Action can be taken more efficiently at EU level, on the basis of an EU legal act.

The Union may therefore adopt measures in this area in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty

Proportionality

The proposal complies with the proportionality principle. The need to update the link to a key classification, and to address user needs in the transmission programme, can be met through a limited amendment to Regulation (EU) No 549/2013.

In accordance with the principle of proportionality, the regulation proposed confines itself to the minimum required to achieve its objective and does not go beyond what is necessary for that purpose.

Choice of the instrument

Given the objectives and content of the proposal and the fact that this is a proposal amending an existing regulation, a regulation is the most appropriate instrument.

3.RESULTS OF EX-POST EVALUATIONS, STAKEHOLDER CONSULTATIONS AND IMPACT ASSESSMENTS

Ex-post evaluations/fitness checks of existing legislation

Based on Commission standards, Eurostat’s system for evaluating existing legislation, including the evaluation of the European Statistical Programme 4 was followed, and formed a central part of the whole process. In addition, user surveys are conducted every year in order to obtain better knowledge about users, their needs and their satisfaction with the services provided by Eurostat. Evaluation results are used by Eurostat to improve the process of producing statistical information and its statistical output. They feed into various strategic plans, such as the work programme and the management plan.

A “Report from the Commission to the European Parliament and the Council on the application of ESA 2010” was adopted on 29 June 2018 (COM(2018)506 final). In addition, several expert meetings have taken place with Member States and major stakeholders. In particular, the main stakeholders of ESA 2010 are Commission services, Member States, and EU and international organisations like the ECB and the OECD, which have been closely involved in developments and discussions. There is a consensus among practitioners that minor changes in the ESA 2010 Regulation are necessary. This became evident after Eurostat carried out a prioritisation survey at the beginning of 2018 and was confirmed in the conclusions of several subsequent expert groups on national accounts, particularly of the Directors of Macroeconomic Statistics and the dedicated task force on ESA 2010 cross-domain consistency.

Stakeholder consultations

Considering that the proposed amendment of Regulation (EU) No 549/2013 would not have any significant impact on society or the economy (see the explanation below), the Commission (Eurostat) consulted the European Statistical System Committee, as the national statistical institutes (NSIs) are responsible for coordinating all activities relating to European statistics at national level.

Collection and use of expertise

The issues underlying the proposal were discussed in meetings of the Directors of Macroeconomic Statistics (DMES), and its sub-groups, over 2020-21 and two rounds of written consultations were carried out. The input of major stakeholders in the European Commission services and outside (for example, the European Central Bank) was obtained. Furthermore there was a discussion with the Economic and Financial Committee’s Sub-Committee on Statistics in June 2021.

The European Statistical System Committee (ESSC) adopted an opinion at its meeting on 29 October 2021.

Impact assessment

No impact assessment was conducted, as the proposal does not have significant economic, social or environmental consequences and imposes no additional burden on businesses or the public.

Regulatory fitness and simplification

The proposal meets the simplification objectives of the REFIT programme partly by synchronising data transmission for GNI own resources with data transmission for other national accounting purposes, partly by switching to ESA 2010 for own resources in order to avoid Member States producing a double set of accounts, one on ESA 2010 and one on ESA 95.

Since the proposal only affects the national accountants in Member States, businesses are unaffected by the proposal.

Fundamental rights

Not applicable.

4.BUDGETARY IMPLICATIONS

No supplementary budgetary resources are needed.

5.OTHER ELEMENTS

Implementation plans and monitoring, evaluation and reporting arrangements

As the proposed amendments are based on the existing voluntary data transmissions and those based on gentlemen’s agreements, implementation would be limited to including the new provisions in the legislation, and will be monitored as legally required.

Explanatory documents (for directives)

None

Detailed explanation of the specific provisions of the proposal

The proposal relates to an amendment of Regulation (EU) No 549/2013 in two respects:

i) Amendments to Annex A (the conceptual basis of ESA 2010)

The national accounts are based on internationally recognised statistical classifications, which ensure the comparability of data between countries. These classifications are periodically updated to improve their relevance for users. The Classification of Individual Consumption by Purpose (COICOP), was updated in 2018 and the references in Annex A to COICOP must be amended to reflect the updated classification.

The opportunity is also taken to update Annex A to correct minor textual inconsistencies that have been identified during its implementation in Member States.

ii) Amendments to Annex B (the transmission programme of ESA 2010)

Given the importance of national accounts data for policy purposes and broader user needs in the European Union, developments in the needs of these users must be taken into account. The proposal reflects these evolving user needs and in particular the following:

·Expanding the availability of Government Finance Statistics, notably in respect of interactions with the institutions and bodies of the EU and the structure of government debt.

·Providing an updated legislative basis for the transmission of quarterly non-financial accounts for general government at t+3 months delay. The data is being transmitted by Member States on a voluntary basis.

·Improvement of the timeliness of the transmission of some tables, for example the transmission of annual financial accounts at t+4 months delay and the transmission of COFOG data at t+11 months delay. The latter is expected to facilitate its use in policy processes.

·Strenghening the consistency across tables, notably by amending the deadline arrangements for transmission of quarterly non-financial sector accounts data.

·Providing a legislative basis for the voluntary transmission of statistics which had been transmitted by Member States on a gentlemen’s agreement basis in the past, for example GDP and employment flash estimates at t+30 and t+45 days delay.

The proposal also provides for the improvement of the availability of metadata accompanying national accounts data, and to strengthen the consistency of data between tables, particularly for quarterly data.

In addition, the proposal takes the opportunity to repeal 11 legal acts which relate to the former European System of Accounts (ESA 1995) and are no longer relevant since ESA 2010 has been implemented.    

2021/0407 (COD)

Proposal for a

REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

amending Regulation (EU) No 549/2013 and repealing 11 legal acts in the field of national accounts

(Text with EEA relevance)

THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 338 (1) thereof,

Having regard to the proposal from the European Commission,

After transmission of the draft legislative act to the national parliaments,

Having regard to the opinion of the European Central Bank  5 ,

Acting in accordance with the ordinary legislative procedure,

Whereas:

(1)Regulation (EU) No 549/2013 of the European Parliament and of the Council  6 , which established the revised European System of Accounts (ESA 2010), contains the reference framework of common standards, definitions, classifications and accounting rules for drawing up the accounts of the Member States for the statistical requirements of the Union, in order to obtain comparable results between Member States.

(2)Annex A to Regulation (EU) No 549/2013 provides for the methodology for the drawing up of the accounts of the Member States.

(3)During the application of Regulation (EU) No 549/2013, minor textual inconsistencies have been identified in Annex A to that Regulation, and those inconsistencies should be corrected.

(4)Annex B to Regulation (EU) No 549/2013 (the “transmission programme”) provides for a set of tables of national accounts data to be transmitted for Union purposes within specified time limits.

(5)The transmission programme of national accounts data should be updated to take into account changing user needs and new policy priorities, and the development of new economic activities in the Union.

(6)The 49th Session of the United Nations Statistical Commission considered and endorsed the revised classification for the Classification of Individual Consumption by Purpose (COICOP 2018), as the internationally accepted standard. Regulation (EU) No 549/2013 makes reference to the previous classification (COICOP 1999) in both Annex A and Annex B, and therefore those references should be updated.

(7)Regulation (EU) No 549/2013 should therefore be amended accordingly.

(8)Following the entry into force of Regulation (EU) No 549/2013 and of Regulation (EU) 2019/516 of the European Parliament and of the Council 7 , eleven legal acts based on the previous European System of Accounts, established by Council Regulation (EC) No 2223/96 8 , are no longer relevant. The measures set out in this Regulation should replace those of Regulations (EC) No 359/2002 9 , (EC) No 1267/2003 10 , (EC) No 1392/2007 11 , (EC) No 400/2009 12 , (EC) No 1221/2002 13 , (EC) No 501/2004 14 and (EC) No 1161/2005 15 of the European Parliament and of the Council, Council Regulation (EC) No 1222/2004 16 and Regulation (EC) No 264/2000 17 and Decisions 2002/990/EC 18 and 98/715/EC of the Commission 19 .  Those acts should therefore be repealed.

(9)This Regulation shall enter into force on 1 September 2024 to coincide with the agreed timing for harmonised national accounts benchmark revisions in Member States. This does not prevent Member States from compiling their statistics in accordance with the amended annexes before that general application date.

(10)Since the objective of this Regulation, namely the creation of common statistical standards that permit the production of harmonised national accounts data, cannot be sufficiently achieved by the Member States and can therefore be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on European Union. In accordance with the principle of proportionality, as set out in that Article, this Regulation does not go beyond what is necessary in order to achieve that objective.

(11)The European Statistical System Committee has been consulted. 

HAVE ADOPTED THIS REGULATION:

Article 1

Annex A to Regulation (EU) No 549/2013 shall be amended by the text set out in Annex 1 to this Regulation.

Article 2

Annex B to Regulation (EU) No 549/2013 shall be replaced by Annex 2 to this Regulation.

Article 3

The legal acts set out in Annex 3 to this Regulation are repealed.

Article 4

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

It shall apply from 1 September 2024.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels,

For the European Parliament    For the Council

The President    The President

(1)    Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (OJ L 174, 26.6.2013, p. 1).
(2)    Endorsed by the 49th Session of the United Nations Statistical Commission.
(3)    Council Regulation (EC) No 2223/96 of 25 June 1996 on the European system of national and regional accounts in the Community ( OJ L 310, 30.11.1996, p. 1 ).
(4)    See http://ec.europa.eu/eurostat/web/quality/evaluation
(5)    OJ C […], […], p. […].
(6)    Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union (OJ L 174, 26.6.2013, p. 1).
(7)    Regulation (EU) 2019/516 of the European Parliament and of the Council of 19 March 2019 on the harmonisation of gross national income at market prices and repealing Council Directive 89/130/EEC, Euratom and Council Regulation (EC, Euratom) No 1287/2003 (GNI Regulation) (OJ L 91, 29.3.2019, p. 19).
(8)    Council Regulation (EC) No 2223/96 of 25 June 1996 on the European system of national and regional accounts in the Community ( OJ L 310, 30.11.1996, p. 1 ).
(9)    Regulation (EC) No 359/2002 of the European Parliament and of the Council of 12 February 2002 amending Council Regulation (EC) No 2223/96 as concerns the use of ESA 95 in the determination of Member States' payments to the VAT-based own resource (OJ L 58, 28.2.2002, p. 1).
(10)    Regulation (EC) No 1267/2003 of the European Parliament and of the Council of 16 June 2003 amending Council Regulation (EC) No 2223/96 with respect to the time limit for transmission of the main aggregates of national accounts, to the derogations concerning the transmission of the main aggregates of national accounts and to the transmission of employment data in hours worked (OJ L 180, 18.7.2003, p. 1).
(11)    Regulation (EC) No 1392/2007 of the European Parliament and of the Council of 13 November 2007 amending Council Regulation (EC) No 2223/96 with respect to the transmission of national accounts data (OJ L 324, 10.12.2007, p. 1).
(12)    Regulation (EC) No 400/2009 of the European Parliament and of the Council of 23 April 2009 amending Council Regulation (EC) No 2223/96 on the European system of national and regional accounts in the Community as regards the implementing powers conferred on the Commission (OJ L 126; 21.5.2009, p. 11).
(13)    Regulation (EC) No 1221/2002 of the European Parliament and of the Council of 10 June 2002 on quarterly non-financial accounts for general government (OJ L 179, 9.7.2002, p. 1).
(14)    Regulation (EC) No 501/2004 of the European Parliament and of the Council of 10 March 2004 on quarterly financial accounts for general government (OJ L 81, 19.3.2004, p. 1).
(15)    Regulation (EC) No 1161/2005 of the European Parliament and of the Council of 6 July 2005 on the compilation of quarterly non-financial accounts by institutional sector (OJ L 191, 22.7.2005, p. 22).
(16)    Council Regulation (EC) No 1222/2004 of 28 June 2004 concerning the compilation and transmission of data on the quarterly government debt (OJ L 233, 2.7.2004, p. 1).
(17)    Commission Regulation (EC) No 264/2000 of 3 February 2000 on the implementation of Council Regulation (EC) No 2223/96 with respect to short-term public finance statistics (OJ L 29, 4.2.2000, p. 4).
(18)

   Commission Decision of 17 December 2002 (2002/990/EC) further clarifying Annex A to Council Regulation (EC) No 2223/96 as concerns the principles for measuring prices and volumes in national accounts (notified under document number C(2002) 5054).

(19)    Commission Decision of 30 November 1998 (98/715/EC) clarifying Annex A to Council Regulation (EC) No 2223/96 on the European system of national and regional accounts in the Community as concerns the principles for measuring prices and volumes (notified under document number C(1998) 3685).
Top

Brussels, 10.12.2021

COM(2021) 776 final

ANNEX

to the

Proposal for a Regulation of the European Parliament and of the Council

amending Regulation (EU) No 549/2013 and repealing 11 legal acts in the field of National Accounts


ANNEX 1

Annex A to Regulation (EU) No 549/2013 is amended as follows:

1.Paragraph 1.51(b) is replaced by the following:

“(b) expenditures on weapon systems that meet the general definition of assets have been classified as fixed capital formation, rather than intermediate consumption;”

2.Paragraph 1.51 (h) is replaced by the following:

“(h) the treatment of super dividends paid by public corporations has been clarified, i.e. they are to be considered as exceptional payments and treated as withdrawals from equity;”

3.Diagram in paragraph 1.118 is labelled:

“Diagram 1.1 - A diagram of the sequence of accounts”

4.In Paragraph 3.98 the following text “ Final consumption expenditure (P.3) by government includes two categories of expenditures, similar to those by NPISHs:” is replaced by the following:

“Final consumption expenditure (P.3) by general government includes two categories of transactions, similar to those by NPISHs:”

5.Paragraph 3.105 is replaced by the following:

“Alternatively individual consumption expenditure of general government corresponds to division 15 of the classification of individual consumption by purpose (Coicop), which includes the following groups:

15.1 Housing (equivalent to COFOG group 10.6)

15.2 Health (equivalent to COFOG groups 7.1 to 7.4)

15.3 Recreation and culture (equivalent to COFOG groups 8.1 and 8.2)

15.4 Education (equivalent to COFOG groups 9.1 to 9.6)

15.5 Social protection (equivalent to COFOG groups 10.1 to 10.5 and group 10.7).”

6.Paragraph 3.124 is replaced by the following:

“Definition: gross fixed capital formation (P.51g) consists of resident producers’ acquisitions, less disposals, of fixed assets during a given period plus certain additions to the value of non-produced assets realised by the productive activity of producer or institutional units. Fixed assets are produced assets used in production for more than one year.”

7.Paragraph 3.132(c) is replaced by the following:

“(c) computer software and databases to be used in production for more than one year;”

8.Paragraph 3.138 is replaced by the following:

“Costs of ownership transfer can apply to both produced assets, including fixed assets, and non-produced assets, such as land.

These costs are included in the purchasers’ prices in the case of produced assets. They are separated from the purchases and sales themselves in the case of land and other non-produced assets, and recorded under a separate heading (P.512) in the classification of gross fixed capital formation.”

9.In paragraph 3.181 the text, “The transfer of existing goods is recorded as a negative expenditure (acquisition) for the seller and a positive expenditure (acquisition) for the purchaser”, is replaced by the following:

“The transfer of existing goods is recorded as a negative expenditure (disposal) for the seller and a positive expenditure (acquisition) for the purchaser.”

10.In paragraph 4.40 the following text is deleted:

“Other subsidies on production (D.39) are recorded as resources in the generation of income accounts of the industries or sectors which receive them.”

11.Paragraph 4.50 is replaced by the following:

“Interest is recorded on an accrual basis, that is, interest is recorded as accruing continuously over time to the creditor on the amount of principal outstanding. The interest accruing in each accounting period must be recorded whether it is actually paid or added to the principal outstanding. When it is not paid, the increase in the principal is recorded in the financial account as an acquisition of a financial asset by the creditor and an equal acquisition of a liability by the debtor.”

12.In paragraph 4.82 the text, “In some cases, the liability to pay income taxes can only be determined in a later accounting period than that in which the income accrues. Some flexibility is therefore needed concerning the point in time at which such taxes are recorded. Income taxes deducted at source, such as PAYE taxes and regular prepayments of income taxes, may be recorded in the periods in which they are paid and any final tax liability on income can be recorded in the period in which the liability is determined.”, is replaced by the following:

“In some cases, the liability to pay income taxes can only be determined in a later accounting period than that in which the income accrues. Some flexibility is therefore needed concerning the point in time at which such taxes are recorded. Income taxes retained at source, such as Pay-As-You-Earn (PAYE) taxes and regular prepayments of income taxes, may be recorded in the periods in which they are paid and any final tax liability on income can be recorded in the period in which the liability is determined.”

13.Paragraph 4.93(a) is replaced by the following:

“(a) social contributions paid by persons who are not legally obliged to contribute to a social security Fund;”

14.Paragraph 5.117 is replaced by the following:

“The distinction between transactions in loans (F.4) and transactions in deposits (F.22) is that a creditor offers a non-standardised non-negotiable contract in the case of a loan, but not in the case of a deposit.”

15.Paragraph 5.235 is replaced by the following:

“FISIM accrued but not yet paid is included with the corresponding financial instrument and prepayment of insurance premiums is included in insurance technical reserves (F.61); in neither case is there an entry in trade credits and advances.”

16.Paragraph 5.236(c) is replaced by the following:

“(c) rental of buildings accruing over time; and”

17.Paragraph 7.88 is replaced by the following:

“The market value of forwards can switch between positive (asset) and negative (liability) positions depending on price movements in the underlying items and thus they can switch being assets and liabilities for the writers and holders. Some forwards operate on margin payments, where profits or losses are settled daily; in these cases the balance sheet value will be zero.”

18.In Chapter 8, Table 8.1 is replaced by the following: 

Table 8.1 — Synoptic presentation of the accounts, balancing items and main aggregates

Accounts

Balancing items

Main aggregates

Full sequence of accounts for institutional sectors

Current accounts

I.

Production account

I.

Production account

 

 

 

 

B.1g

Value added, gross

Gross domestic product (GDP)

 

II.

Distribution and use of income accounts

II.1

Primary distribution of income accounts

II.1.1

Generation of income account

 

 

B.2g

B.3g

Operating surplus, gross

Mixed income, gross

 

 

 

 

 

 

II.1.2

Allocation of primary income account

II.1.2.1

Entrepreneurial income account

B.4g

Entrepreneurial income, gross

 

 

 

 

 

 

 

 

II.1.2.2

Allocation of other primary income account

B.5g

Balance of primary incomes, gross

Gross national income (GNI)

 

 

 

II.2

Secondary distribution of income account

 

 

 

 

B.6g

Disposable income, gross

Gross national disposable income

 

 

 

II.3

Redistribution of income in kind account

 

 

 

 

B.7g

Adjusted disposable income, gross

 

 

 

 

II.4

Use of income account

II.4.1

Use of disposable income account

 

 

B.8g

Saving, gross

Gross national saving

 

 

 

 

 

II.4.2

Use of adjusted disposable income account

 

 

 

 

 

Accumulation accounts

III.

Accumulation accounts

III.1

Capital account

III.1.1

Change in net worth due to saving and capital transfers account

 

 

B.101

Change in net worth due to saving and capital transfers

 

 

 

 

 

 

III.1.2

Acquisition of non-financial assets account

 

 

B.9

Net lending/net borrowing

 

 

 

 

III.2

Financial account

 

 

 

 

B.9F

Net lending/net borrowing

 

 

 

 

III.3

Other changes in assets account

III.3.1

Other changes in volume of assets account

 

 

B.102

Changes in net worth, due to other changes in volume of assets

 

 

 

 

 

 

III.3.2

Revaluation accounts

 

 

B.103

Changes in net worth due to nominal holding gains/losses

 

 

 

 

 

 

 

 

III.3.2.1

Neutral holding gains/losses account

B.1031

Changes in net worth due to neutral holding gains/losses

 

 

 

 

 

 

 

 

III.3.2.2

Real holding gains/losses account

B.1032

Changes in net worth due to real holding gains/losses

 

Balance sheets

IV.

Balance sheets

IV.1

Opening balance sheet

 

 

 

 

B.90

Net worth

National worth

 

 

 

IV.2

Changes in balance sheet

 

 

 

 

B.10

Changes in net worth, total

Changes in national worth

 

 

 

IV.3

Closing balance sheet

 

 

 

 

B.90

Net worth

National worth

Transaction accounts

 

 

 

 

 

 

 

 

 

 

 

 

0.

Goods and services account

 

 

 

 

 

 

 

 

 

Rest of the world account (external transactions account)

Current account

V.

Rest of the world account

V.I

External account of goods and services

 

 

 

 

B.11

External balance of goods and services

External balance of goods and services

 

 

 

V.II

External account of primary income and current transfers

 

 

 

 

B.12

Current external balance

Current external balance

Accumulation accounts

 

 

V.III

External accumulation accounts

V.III.1

Capital account

V.III.1.1

Changes in net worth due to current external balance and capital transfers account

B.101

Changes in net worth due to current external balance and capital transfers

 

 

 

 

 

 

 

 

V.III.1.2

Acquisition of non-financial assets account

B.9

Net lending/net borrowing

 

 

 

 

 

 

V.III.2

Financial account

 

 

B.9F

Net lending/net borrowing

Net lending/net borrowing

 

 

 

 

 

V.III.3

Other changes in assets account

V.III.3.1

Other changes in volume of assets account

B.102

Changes in net worth, due to other changes in volume of assets

 

 

 

 

 

 

 

 

V.III.3.2

Revaluation accounts

B.103

Changes in net worth, due to nominal holding gains/losses

 

Balance sheets

 

 

V.IV

External assets and liabilities account

V.IV.1

Opening balance sheet

 

 

B.90

Net worth

Net external financial position

 

 

 

 

 

V.IV.2

Changes in balance sheet

 

 

B.10

Changes in net worth

 

 

 

 

 

 

V.IV.3

Closing balance sheet

 

 

B.90

Net worth

Net external financial position

19.Paragraph 9.61 is replaced by the following:

“However, the analytical properties of product-by-product tables and industry-by-industry tables do not differ significantly. The differences between product-by-product tables and industry-by-industry tables are caused by the existence of a generally limited amount of secondary production. In practice, analytical uses of input-output tables implicitly assume an industry technology, no matter how the tables have originally been compiled. Furthermore, in practice, any product-by-product table is a manipulated industry-by-industry table, as it still contains all the KAU and enterprise characteristics of the supply and use tables.”

20.Paragraph 10.27 is replaced by the following:

“For transactions in services it is frequently more difficult to specify the characteristics which determine the physical units, and differences of opinion may arise concerning the criteria to be used. This difficulty may concern important industries such as financial intermediation services, wholesale and retail trade, services to enterprises, education, research and development, health or recreation. The choice of physical units for such activities is presented in Handbook on prices and volume measures in national accounts (20).”

Footnote 20 to paragraph 10.27 is replaced by the following:

“Eurostat, Handbook on prices and volume measures in national accounts, 2016.”

21.Footnote 22 to paragraph 10.56 is replaced by the following:

“Eurostat-OECD, Eurostat-OECD Methodological manual on purchasing power parities, 2012.”

22.In paragraph 14.06 the text, “FISIM calculations concentrate on subsectors S.122 and S.125; by convention, FISIM are not calculated for the central bank (see part VI).” is replaced by the following:

“FISIM calculations concentrate on subsectors S.122 and S.125; by convention, FISIM are not calculated for the central bank (see paragraph 14.16).”

23.In Chapter 15, Table 15.4 is replaced by the following:

Type of transaction / other economic flow

Type of use/purchase and type of asset and type of payment

Intermediate consumption

Operating lease of produced assets, e.g. machines and intellectual property rights

Regular payments by corporations for the delivery of water

FISIM services related to the provision of a financial lease

Consumption of fixed capital

Only for produced assets, and for the economic owner

Final consumption expenditure

Operating lease of consumer durables

Purchase of consumer durables, including when financed by a financial lease, or through a hire purchase agreement

Purchase of non-financial assets

 

Fixed capital formation

Purchase of produced assets (including when financed via a financial lease)

Acquisition of natural resources

Purchase of a natural resource including the right to use to extinction

Purchase of the right to use a natural resource for an extended period e.g. a fishing quota

Acquisition of other non-produced assets

Transferable time-share arrangements

Purchase of a contract transferable to a third party

Contracts for future production, for example contracts with footballers and writers

Payment as property income

Resource lease, i.e. payment for short-term use of natural resource

Rent

Regular payments for the right to extract water

Financial lease, i.e. purchase of a non-financial asset financed simultaneously by a loan

Income transfer

Permits issued by government to undertake a specific activity not dependent on qualifying criteria, or with a disproportionate charge compared to the costs of administering the permit scheme

Emission permits issued by the government to control total emissions

Other taxes on production

Financial transaction: loan

Financial lease, i.e. purchase of a non-financial asset financed simultaneously by a loan

Other change in volume of assets

Exhaustion of natural resources by the owner

Illegal logging, fishing or hunting (uncompensated seizure of cultivated assets or natural resources)

Change in the price of assets

Expiry of contracts, licences and permits recorded as assets

24.In paragraph 15.27 the text, “This asset (category AN.222) is only recognised if its value, the benefits to the holder in excess of the value accruing to the issues, is realisable through transferring the asset. Such permits are first observed through economic appearance of assets (category K.1, see point (g) of paragraph 6.06). If the value of the asset is not realised it will tend towards zero as the lease period ends.”, is replaced by the following:

“This asset (category AN.222) is only recognised if its value, the benefits to the holder in excess of the value accruing to the issuer, is realisable through transferring the asset. Such permits are first observed through economic appearance of assets (category K.1, see point (g) of paragraph 6.06). If the value of the asset is not realised it will tend towards zero as the lease period ends.”

25.Paragraph 15.32 is replaced by the following:

“When governments restrict the number of cars entitled to operate as taxis or limit the number of casinos by issuing permits, for example, they are in effect creating monopoly profits for the approved operators and recovering some of the profits as the fee. Such fees are recorded as other taxes on production. This principle applies to all cases where government issues permits to limit the number of units operating in a particular field where the limit is fixed arbitrarily and is not dependent only on qualifying criteria.”

26.Paragraph 15.35 is replaced by the following:

“The permit to undertake specific activities as an asset first appears in the other changes in the volume of assets account. Changes in value, both up and down, are recorded in the revaluation account of the acquirer.”

27.In Chapter 16, Table 16.1 is replaced by the following: 

Uses

Resources

 

 

 

S.1

S.15

S.14

S.13

S.12

S.11

 

 

S.11

S.12

S.13

S.14

S.15

S.1

 

 

 

 

Corresponding entries of the

 

Corresponding entries of the

 

Total

Goods and services account

Rest of the world account

Total economy

NPISHs

Households

General government

Financial corporations

Non-financial corporations

 

Transactions and balancing items

Non-financial corporations

Financial corporations

General government

Households

NPISHs

Total economy

Rest of the world

Goods and services account

Total

 

 

 

 

 

 

 

 

 

 

External account

 

 

 

 

 

 

 

 

 

0

 

0

 

 

 

 

 

 

P.62

Exports in services

 

 

 

 

 

 

 

0

0

0

0

 

 

 

 

 

 

 

P.72

Imports in services

 

 

 

 

 

 

0

 

0

 

 

 

 

 

 

 

 

 

 

Production account

 

 

 

 

 

 

 

 

 

6

6

 

 

 

 

 

 

 

P.1

Output

 

6

 

 

 

6

 

 

6

4

 

0

4

0

3

0

0

1

P.2

Intermediate consumption

 

 

 

 

 

 

 

4

4

 

 

 

 

 

 

 

 

 

 

Distribution of primary income account

 

 

 

 

 

 

 

 

 

6

 

 

6

 

 

 

6

 

D.441

Property income attributable to insurance policy holders

5

0

0

1

0

6

0

 

6

 

 

 

 

 

 

 

 

 

 

Secondary distribution of income account

 

 

 

 

 

 

 

 

 

44

 

1

43

0

31

4

0

8

D.711

Net non-life insurance premiums

 

44

 

 

 

44

 

 

44

45

 

0

45

 

 

 

45

 

D.721

Non-life insurance claims

6

0

1

35

0

42

3

 

45

 

 

 

 

 

 

 

 

 

 

Use of disposable income account

 

 

 

 

 

 

 

 

 

2

 

 

2

 

2

 

 

 

P.3

Final consumption expenditure

 

 

 

 

 

 

 

2

2

 

 

 

 

 

 

 

 

 

 

Financial balance sheet (opening)

 

 

 

 

 

 

 

 

 

74

 

0

74

 

40

0

9

25

AF.61

Non-life insurance technical reserves

 

74

 

 

 

74

 

 

74

 

 

 

 

 

 

 

 

 

 

Financial balance sheet (closing)

 

 

 

 

 

 

 

 

 

81

 

0

81

0

44

0

11

25

AF.61

Non-life insurance technical reserves

 

81

 

 

 

81

 

 

81

 

 

 

 

 

 

 

 

 

 

Financial transaction

 

 

 

 

 

 

 

 

 

7

 

0

7

0

4

0

2

1

F.61

Non-life insurance technical reserves

 

7

 

 

 

7

 

 

7

 

 

 

 

 

 

 

 

 

 

Revaluation account

 

 

 

 

 

 

 

 

 

0

 

0

0

0

0

0

0

0

AF.61

Non-life insurance technical reserves

 

0

 

 

 

0

 

 

0

28.Paragraph 17.148 is replaced by the following:

“If government assumes the responsibility for pension provision for the employees of a non-government unit through an explicit transaction, any payment by the non-government unit needs to be recorded as pre-paid social contributions (F.89). There is further discussion of this type of arrangement in paragraphs 20.273 to 20.275.”

29.Paragraph 17.165 is replaced by the following:

“The discount rate applied to estimates of future pension benefits in the case of accrued-to-date entitlements is one of the most important assumptions to be made in the modelling of pension schemes, since its accumulated impact over many decades can be very large. The discount rate from a chosen approach may change over time, which would lead to revaluations in the accounts.”

30.Footnote 29 to paragraph 18.26 is replaced by the following:

“United Nations, International merchandise trade statistics: Concepts and definitions, 2010.”

31.In paragraphs 20.57, 20.63, 20.65 the text, “(excluding social security)”, is replaced by the following:

“(excluding social security funds)”

32.In paragraph 20.76 the table is replaced by the following:

Total Revenue

=

total taxes

D.2 + D.5 + D.91

+

net social contributions

D.61

+

total sales of goods and services

P.11 + P.12 + P.131

+

other current revenue

D.39 + D.4 + D.7

+

other capital revenue

D.92 + D.99

33.Paragraph 20.77 is replaced by the following:

“Total taxes comprise taxes on production and imports (D.2), current taxes on income and wealth, etc. (D.5) and capital taxes (D.91). Net social contributions consist of actual social contributions (employers' actual social contributions D.611 and households' actual social contributions D.613), employers' imputed social contributions (D.612) and households' social contribution supplements (D.614) less social insurance scheme service charges (D.61SC).”

34.In paragraph 20.84 the box 20.1 is replaced by the following:

ESA resources

ESA GFS revenue

P.1

Output, of which

 

 

Market output (P.11)

Sales of goods and services

 

Output for own final use (P.12)

Sales of goods and services

 

Non-market output (P.13), of which:

 

 

— Payments for non-market output (P.131)

Sales of goods and services

 

— Non-market output, other (P.132)

Not accounted for in Total revenue

D.2

Taxes on production and imports (receivable)

Total taxes

D.3

Subsidies (receivable)

Other current revenue

D.4

Property income

Other current revenue

D.5

Current taxes on income and wealth

Total taxes

D.61

Social contributions

Net social contributions

D.7

Other current transfers

Other current revenue

D.91r

Capital taxes (receivable)

Total taxes

D.92r

Investment grants (receivable)

Other capital revenue

D.99r

Other capital transfers (receivable)

Other capital revenue

ESA uses and capital transactions

ESA GFS expenditure

P.2

Intermediate consumption

Intermediate consumption

D.1

Compensation of employees

Compensation of employees

D.2

Taxes on production and imports (payable)

Other current expenditure

D.3

Subsidies (payable)

Subsidies

D.41

Interest

Interest

D.4

Property income (excluding D.41)

Other current expenditure

D.5

Current taxes on income

Other current expenditure

D.62

Social benefits other than social transfers in kind

Social benefits other than ST in kind

D.632

Social transfers in kind via market producers

Social transfers in kind via market producers

D.7

Other current transfers

Other current expenditure

D.8

Adjustment for the change in pension entitlements

Other current expenditure

P.31

Individual consumption expenditure on market output

Social transfers in kind via market producers

P.31

Individual consumption expenditure on non-market output

Not accounted for in Total expenditure

P.32

Collective consumption expenditure

Not accounted for in Total expenditure

P.5

Gross capital formation

Capital expenditure

NP

Acquisition less disposal of non-produced assets

Capital expenditure

D.92p

Investment grant (payable)

Capital expenditure

D.99p

Other capital transfers (payable)

Capital expenditure

In the ESA central framework, net lending/net borrowing (B.9) is the balancing item of the capital account. The balancing item of general government in the ESA GFS presentation is identical to the net lending/net borrowing (B.9). This box explains why.

The ESA central framework

The first account is the production account, and therefore the first resource of an institutional sector in the ESA is its output. As the majority of services provided by government are not sold at economically significant prices and so are non-market, government output is measured by convention as the sum of production costs.

Similarly, final collective consumption expenditure, consisting of services provided to the community by government such as general services, defence, safety and public order, are measured as the sum of production costs. Also by convention, collective consumption expenditure (P.32) is equal to the actual final consumption (P.4) of government.

Final individual consumption expenditure of households provided directly by government on a non-market basis is also measured by its production costs.

As a result, two types of flows are 'imputed' in the ESA accounts of government:

(1)on the resources side, the non-market output, other (P.132) recorded in the production account;

(2)on the uses side, the actual final consumption (P.4) and the social transfers in kind — non-market production (D.631). They are recorded in the redistribution of income in kind account, and in the use of adjusted disposable income account.

Each imputed flow is equal to the sum of actual flows: the production costs. These two types of imputed flows, on the resource side and on the uses side, balance in the ESA sequence of accounts.

The ESA GFS presentation of statistics

The same basic transaction categories are used in the ESA GFS presentation, but mainly on the basis of actual monetary flows, to obtain the total revenue and the total expenditure of government. Only a selection of imputed flows is taken into account: imputed social contributions and capital transfers in kind.

Eliminating from the resources side the non-market output (P.132) to obtain total revenue, and eliminating from the uses side the actual final consumption (P.4=P.32) and the social transfers in kind — non-market production (D.631) to obtain total expenditure, results in the same balancing item: the net lending/net borrowing (B.9).

The only social transfers in kind that are accounted for in the GFS aggregate total expenditure of government are social transfers in kind provided to households via market producers (D.632), as they are subject to real payments of government units. Those transactions are also to be added to the sum of production costs (equal to non-market output, other — P.132) to obtain the final consumption expenditure of the general government.

P.3 = P.132 + D.632

35.Paragraph 20.90 is replaced by the following:

“Subsidies received by government units consist only of other subsidies on production. When received by producing entities belonging to general government, subsidies on products are included in the valuation of the output and sales at basic prices.”

36.Paragraph 20.130 is replaced by the following:

“The repurchase by a unit of a liability is recorded as redemption in liabilities and not as an acquisition of assets. Likewise, at a subsector or sector level, the purchase by a government unit of a liability issued by another unit of the subsector in question will be presented in the consolidated presentation, as redemption of liability by that subsector or sector.”

37.Paragraph 20.158 is replaced by the following:

“Taxes or subsidies paid by one government unit or entity to another are not to be consolidated. Taxes or subsidies on products cannot be consolidated in the system because there is no counterpart sector transactor in the ESA for such transactions; the relevant amounts are not separately recognised as expenditure and revenue (respectively) and are instead included in, or excluded from, the value of the intermediate consumption or of the sales.”

38.Paragraph 21.22 is replaced by the following:

“The valuations of assets at fair value not only provide a better picture of the balance sheet than valuations at historic cost but they also generate more data on holding gains/losses.”

39.Paragraph 22.13 is replaced by the following:

“In Coicop 15 main categories are distinguished:

(a) food and non-alcoholic beverages;

(b) alcoholic beverages, tobacco and narcotics;

(c) clothing and footwear;

(d) housing, water, electricity, gas and other fuels;

(e) furnishings, household equipment and routine household maintenance;

(f) health;

(g) transport;

(h) information and communication;

(i) recreation, sport and culture;

(j) education services;

(k) restaurants and accommodation services;

(l) insurance and financial services;

(m) personal care, social protection and miscellaneous goods and services;

(n) individual consumption expenditure of non-profit institutions serving households; and

(o) individual consumption expenditure of general government.

The first 13 categories sum up total individual consumption expenditure by households. The last two identify individual consumption expenditure by the non-profit institutions serving households (NPISHs) and general government sectors, i.e. their social transfers in kind. Together all 15 items represent actual final consumption by households.”

40.Paragraph 22.14 is replaced by the following:

“The individual consumption expenditure of NPISHs and general government is broken down into five common sub-categories reflecting major policy issues: housing, health, recreation and culture, education and social protection. These are also Coicop functions for the individual consumption expenditure by households; social protection is a sub-category of 13 personal care, social protection and miscellaneous goods and services. As a consequence, Coicop also shows for each of these five common sub-categories, the role of private households, government and non-profit institutions serving households. For example, it can describe the role of government in providing housing, health and education.”

41.Paragraph 22.16 is replaced by the following:

“The classification of government expenditure by function (COFOG) is a major tool for describing and analysing government finance. The 10 major divisions distinguished are:

(a) general public services;

(b) defence;

(c) public order and safety;

(d) economic affairs;

(e) environmental protection;

(f) housing and community amenities;

(g) health;

(h) recreation, culture and religion;

(i) education; and

(j) social protection.

The classification is used to classify individual and collective consumption expenditure by the government. However, it also serves to illustrate the role of other types of expenditure such as subsidies, investment grants and social benefits, for pursuing policy purposes.”

42.Paragraph 23.05 is replaced by the following:

“Apart from COFOG and Coicop, the functional classifications include also COPNI (classification of the purposes of non-profit institutions serving households) and COPP (classification of outlays of producers by purpose). These classifications are used for functional analysis of the expenditure by corporations, government, households and non-profit institutions serving households and for functional satellite accounts.”

43.In Chapter 23, the table inserted under the heading ”Transactions in products (P)” is replaced by the following:

P.1

Output

P.11

Market output

P.119

Financial intermediation services indirectly measured (FISIM)

P.12

Output for own final use

P.13

Non-market output

P.131

Payments for non-market output

P.132

Non-market output, other

P.2

Intermediate consumption

P.3

Final consumption expenditure

P.31

Individual consumption expenditure

P.32

Collective consumption expenditure

P.4

Actual final consumption

P.41

Actual individual consumption

P.42

Actual collective consumption

P.5

Gross capital formation/P.5n net capital formation

P.51g

Gross fixed capital formation

P.511

Acquisitions less disposals of fixed assets

P.5111

Acquisitions of new fixed assets

P.5112

Acquisitions of existing fixed assets

P.5113

Disposals of existing fixed assets

P.512

Costs of ownership transfer on non-produced assets

P.51c

Consumption of fixed capital (–)

P.51c1

Consumption of fixed capital on gross operating surplus (–)

P.51c2

Consumption of fixed capital on gross mixed income (–)

P.51n

Net fixed capital formation

P.52

Changes in inventories

P.53

Acquisitions less disposals of valuables

P.6

Exports of goods and services

P.61

Exports of goods

P.62

Exports of services

P.7

Imports of goods and services

P.71

Imports of goods

P.72

Imports of services

44.In Chapter 23, the text and the table inserted under the heading “Consumer durables is replaced by the following:

“Consumer durables are coded using X as a prefix plus DHHCE (durable household consumption expenditure) plus a one-digit affix for subgroups and two digits for the items.

SNA codes

XDHHCE1

Furniture and household appliances

XDHHCE11

Furniture and furnishings

XDHHCE12

Carpets and other floor coverings

XDHHCE13

Major household appliances whether electric or not

XDHHCE14

Major tools and equipment for house and garden

XDHHCE2

Personal transport equipment

XDHHCE21

Motor cars

XDHHCE22

Motor cycles

XDHHCE23

Bicycles

XDHHCE24

Animal drawn vehicles

XDHHCE3

Recreational and entertainment goods

XDHHCE31

Telephone and telefax equipment

XDHHCE32

Equipment for the reception, recording and reproduction of sound and pictures

XDHHCE33

Photographic and cinematographic equipment and optical instruments

XDHHCE34

Information processing equipment

XDHHCE35

Major durables for outdoor recreation

XDHHCE36

Musical instruments and major durables for indoor recreation

XDHHCE4

Other durable goods

XDHHCE41

Jewellery, clocks and watches

XDHHCE42

Therapeutic medical appliances and equipment

45.In Chapter 23, the table inserted under the heading “CLASSIFICATION OF INDIVIDUAL CONSUMPTION BY PURPOSE (Coicop)” is replaced by the following:

01

Food and non-alcoholic beverages

01.1

Food

01.2

Non-alcoholic beverages

01.3

Services for processing primary goods for food and non-alcoholic beverages

02

Alcoholic beverages, tobacco and narcotics

02.1

Alcoholic beverages

02.2

Alcohol production services

02.3

Tobacco

02.4

Narcotics

03

Clothing and footwear

03.1

Clothing

03.2

Footwear

04

Housing, water, electricity, gas and other fuels

04.1

Actual rentals for housing

04.2

Imputed rentals for housing

04.3

Maintenance, repair and security of the dwelling

04.4

Water supply and miscellaneous services relating to the dwelling

04.5

Electricity, gas and other fuels

05

Furnishings, household equipment and routine household maintenance

05.1

Furniture, furnishings, and loose carpets

05.2

Household textiles

05.3

Household appliances

05.4

Glassware, tableware and household utensils

05.5

Tools and equipment for house and garden

05.6

Goods and services for routine household maintenance

06

Health

06.1

Medicines and health products

06.2

Outpatient care services

06.3

Inpatient care services

06.4

Other health services

07

Transport

07.1

Purchase of vehicles

07.2

Operation of personal transport equipment

07.3

Passenger transport services

07.4

Transport services of goods

08

Information and communication

08.1

Information and communication equipment

08.2

Software excluding games

08.3

Information and communication services

09

Recreation, sport and culture

09.1

Recreational durables

09.2

Other recreational goods

09.3

Garden products and pets

09.4

Recreational services

09.5

Cultural goods

09.6

Cultural services

09.7

Newspapers, books and stationery

09.8

Package holidays

10

Education services

10.1

Early childhood and primary education

10.2

Secondary education

10.3

Post-secondary non-tertiary education

10.4

Tertiary education

10.5

Education not definable by level

11

Restaurants and accommodation services

11.1

Food and beverage serving services

11.2

Accommodation services

12

Insurance and financial services

12.1

Insurance

12.2

Financial services

13

Personal care, social protection and miscellaneous goods and services

13.1

Personal care

13.2

Other personal effects

13.3

Social protection

13.9

Other services

14

Individual consumption expenditure of non-profit institutions serving households (NPISHs)

14.1

Housing

14.2

Health

14.3

Recreation and culture

14.4

Education

14.5

Social protection

14.6

Other services

15

Individual consumption expenditure of general government

15.1

Housing

15.2

Health

15.3

Recreation and culture

15.4

Education

15.5

Social protection

Top

Brussels, 10.12.2021

COM(2021) 776 final

ANNEX

to the

Proposal for a Regulation of the European Parliament and of the Council

amending Regulation (EU) No 549/2013 and repealing 11 legal acts in the field of National Accounts


ANNEX B

Transmission programme for data and metadata

I. General requirements

Data

1.Member States shall transmit to the Commission (Eurostat) the accounts defined in the data tables in this Annex. Each separate data table specifies the compulsory and voluntary variables that shall be transmitted, the reference periods required as well as the timeliness of transmission.

Overview of the data tables(1)

Table No

Subject of the tables

Deadline t + months (days where specified)

Period covered

1F

Flash estimates of GDP and employment — quarterly voluntary transmissions

Dates shall be agreed between participating Member States and the Commission (Eurostat) and shall correspond to Eurostat’s releases at 30 or 45 days

The latest reported quarter

1Q

National accounts main aggregates — quarterly

2/(3)

1995Q1 onwards

1A

National accounts main aggregates — annual

2/(3)/9

1995 onwards

2

Main aggregates of general government and its subsectors — annual

3/9

1995 onwards

3

Main aggregates by economic activity — annual

9/21

1995 onwards

5

Household final consumption expenditure by purpose — annual

9

1995 onwards

6

Financial accounts by sector (transactions) — annual

4/9

1995 onwards

7

Balance sheets for financial assets and liabilities by sector — annual

4/9

1995 onwards

8

Non-financial accounts by sector — annual

9

1995 onwards

801

Non-financial accounts by sector — quarterly – non-adjusted

85 days/(3)

1999Q1 onwards

801SA

Non-financial accounts by sector — quarterly - seasonally and calendar adjusted data

85 days + 3 working days

1999Q1 onwards

9

Detailed tax and social contribution revenue including the list of taxes and social contributions according to national classification — annual

9

1995 onwards

10

Main aggregates by region, NUTS levels 2 and 3 — annual

12/24

2000 onwards

11

General government expenditure by function (COFOG) — annual

11

1995 onwards

13

Household accounts by region, NUTS level 2 — annual

24

2000 onwards

15

Supply table at basic prices including transformation into purchasers' prices — annual

36

2010 onwards

16

Use table at purchasers' prices — annual

36

2010 onwards

17

Symmetric input-output table at basic prices — five yearly

36

2010 onwards

20

Cross classification of fixed assets by economic activity and by asset (stocks) — annual

24

2000 onwards

22

Cross classification of gross fixed capital formation by economic activity and by asset (transactions) — annual

9/24

1995 onwards

25

Non-financial accounts of general government — quarterly

3

2002Q1 onwards

26

Balance sheets for non-financial assets — annual

24

1995 onwards

27

Financial accounts and balance sheets of general government — quarterly

85 days/3

1999Q1 onwards

28

General government gross debt (Maastricht debt) — quarterly

3

2000Q1 onwards

28A

General government gross debt (Maastricht debt) structure —annual

100 days/283 days

Previous 4 reference years

29

Accrued-to-date pension entitlements in social insurance — three yearly

24

2012 onwards

t = Reference period (year or quarter).

(1)For a detailed description of the precise requirements, please refer to the specific tables. Deadlines in brackets only apply in particular cases.

2.Member States shall transmit all compulsory data for publication by the Commission (Eurostat) by the planned release dates of the European aggregates. Where the data transmitted cannot be disseminated due to statistical confidentiality considerations, the true value shall be sent with the flags agreed for statistical primary or secondary confidentiality. With exception of embargo dates, the application of other flags restricting the publication shall be justified and explained with metadata.

3.Member States shall transmit all data in accordance with the concepts and definitions specified in Annex A to this Regulation. When the data transmitted deviate from the concepts and definitions, the observations affected shall be sent with a flag indicating that the definition differs.

4.Member States shall transmit all data in accordance with the quality criteria specified in Article 4(1) of this Regulation.

5.Member States and the Commission (Eurostat) shall coordinate the release dates of the accounts. Where national publication dates are subsequent to the deadlines for transmission of data to the Commission (Eurostat), the data shall be sent with a flag indicating the temporary embargo on publication as well as the embargo date and time for dissemination.

6.The specification of embargo dates that are subsequent to the publication date for European aggregates shall be avoided to the extent possible.

Reference periods

7.Member States shall transmit the entire compulsory time series to the Commission (Eurostat) at each deadline including data that have not been revised unless stated otherwise in specific individual tables.  Where the data transmitted have breaks in the time series, the value of the reference period concerned shall be sent with a flag indicating this break.

8.If Member States have time series longer than the compulsory reference periods specified in the data tables, they may transmit the entire series on a voluntary basis.

Metadata

9.The specific requirements of metadata for each table will be agreed between the Commission (Eurostat) and Member States through consultations with the relevant technical groups, and – within the context of the Transmission programme - should avoid the duplication of requests of the same information collected in other processes and tables.

10.Member States shall inform the Commission (Eurostat) of major methodological or other changes that affect the data transmitted. This information shall be provided in the form of metadata accompanying the transmitted data allowing the Commission (Eurostat) to assess the changes and inform users of such changes. Where the metadata concern confidential information, Member States shall inform the Commission (Eurostat) that the relevant text in the metadata cannot be disseminated.

11.Metadata on methods and sources shall be sent when the method and sources are implemented in the transmitted data table and each time when a change takes place. These metadata shall provide short explanations on the methods and source data used to compile the table in line with Annex A to this Regulation.

12.Metadata on deviations from concepts and definitions shall be sent with each data transmission only when the concepts and definitions specified in Annex A to this Regulation are not implemented. These metadata shall provide short explanations on the concepts and definitions actually applied in the transmitted data and the reasons why the concepts and definitions specified in Annex A to this Regulation are not implemented.

13.Metadata on major events such as major data revisions, data inconsistencies, outliers, breaks in time series as well as unusual zero and negative values shall be sent only when such events occur in the transmitted data. These metadata shall provide short explanations on the reasons why the event is observed in the transmitted data and which variables and reference periods are affected.

14.In all cases, metadata on routine revisions shall provide explanations on the reasons for updating the time series and the variables affected.

15.Metadata on data inconsistencies shall provide short explanations regarding the reasons for the lack of consistency of variables within a data table, between the annual and quarterly frequencies of data tables where applicable and between identical variables of accounts reported across data tables for each given data transmission when differences are present.

16.Metadata on seasonal adjustment shall be sent once when a method is implemented in the transmitted data and each time when the method is updated. These metadata shall provide short explanations regarding the general characteristics of the seasonal adjustment method, i.e. direct or indirect approach, seasonal adjustment method and associated software, presence of calendar effects and benchmarking to annual data.

17.Upon request by the Commission (Eurostat), Member States shall provide clarifications on the transmitted metadata and include other information of relevance to data users.

18.Variables that are not applicable in a Member State shall be transmitted with the appropriate flag. Explanation shall be provided where requested by the Commission (Eurostat).

Transmission deadlines

19.The data tables accompanied by metadata shall be transmitted by the specific deadlines for each table.

20.Data shall be transmitted to the Commission (Eurostat) every time they are published by the national authority no later than the day they are published.

21.If Member States become aware of errors in the transmitted data, they shall inform the Commission (Eurostat) immediately and transmit the corrected data as soon as the error can be corrected.

22.If a Member State transmits complete datasets in line with the quality criteria referred to in Article 4(1) of this regulation ahead of the deadline, no retransmission of data is required at the deadline unless stated otherwise in specific individual tables.

Consistency

23.The data transmitted in a table shall be internally consistent. The values that are transmitted for the same variable in different data tables should be numerically consistent when they have the same deadline or they are retransmitted at the same deadline with other tables.

24.The sum of the quarterly values of a variable not adjusted by seasonal and calendar effects in a table with quarterly data shall be numerically consistent for any reference year with the same variable in a corresponding table with annual data, when the corresponding tables have the same deadline.

Tables 1Q and 1A — Quarterly (Q) and annual (A) national accounts main aggregates.

T1A data shall be reported at t+2 months and t+9 months and T1Q at t+2 months after the reference period. The tables shall be re-transmitted at t+3 months if differences with table 801 are significant. T1Q shall be consistent with T1A at t+9 months.

Data in current prices (CUP) starting from 1995, in previous year's prices (PYP) starting from 1996 and chain linked volumes (CLV) starting from 1995 for annual and 1996Q1 for quarterly data are compulsory (x) as specified below. Some breakdowns are optional (o).

Quarterly data shall be provided in non-seasonally adjusted form, as well as in seasonally adjusted form (including calendar adjustments, where relevant) except for previous year’s prices. The provision of quarterly data that only include calendar or seasonal adjustments is voluntary.

For specific administrative uses, annual B.1*g should be transmitted with the highest precision available but limited to meaningful values e.g. maximum 8 decimals when expressed in millions in national currency and 3 decimals for data expressed in thousand persons.

Code

List of variables

Q data

T+2/(3) months

A data

T+2/(3)/9 months

Break-

down

Unit

B.1*g

Gross domestic product at market prices

X

x

CUP,PYP,CLV

Main output aggregates

B.1g

Gross value added at basic prices

X

x

A*10

CUP,PYP,CLV

D.21-D.31

Taxes less subsidies on products

X

x

CUP,PYP,CLV

D.21

Taxes on products

O

t+9

CUP,PYP,CLV

D.31

Subsidies on products

O

t+9

CUP,PYP,CLV

Main expenditure aggregates

B.1*g

Gross domestic product at market prices

X

x

CUP,PYP,CLV

P.3_S1

Total final consumption expenditure

X

x

CUP,PYP,CLV

P.3_S14

Household final consumption expenditure (domestic concept)

X

x

CUP,PYP,CLV

 Of which

  Breakdowns by Durability (DUR)

-Durable goods

X

x

DUR

CUP,PYP,CLV

-Other goods and services

X

x

DUR

CUP,PYP,CLV

--Semi-durable goods

O

t+9

DUR

CUP,PYP,CLV

--Non-durable goods

O

t+9

DUR

CUP,PYP,CLV

 

--Services

O

t+9

DUR

CUP,PYP,CLV

P.3_S1M

Final consumption expenditure of households and NPISH's (national concept)

X

x

CUP,PYP,CLV

P.3_S14

Household final consumption expenditure (national concept)

X

x

CUP,PYP,CLV

P.3_S15

Final consumption expenditure of NPISHs

X

x

CUP,PYP,CLV

P.3_S13

General Government final consumption expenditure

x

x

CUP,PYP,CLV

P.31_S13

Individual consumption expenditure

x

x

CUP,PYP,CLV

P.32_S13

Collective consumption expenditure

x

x

CUP,PYP,CLV

P.41

Actual individual consumption

x

x

CUP,PYP,CLV

P.5

Gross capital formation

x

x

CUP,PYP,CLV

P.51g

Gross fixed capital formation

x

x

CUP,PYP,CLV

 Of which

  Breakdowns by asset type (AN_F6)

AN.111

Dwellings

x

x

AN_F6

CUP,PYP,CLV

AN.112

Other buildings and structures

x

x

AN_F6

CUP,PYP,CLV

AN.113 + AN.114

Machinery and equipment + weapon systems

x

x

AN_F6

CUP,PYP,CLV

AN.1131

Transport equipment

x

x

AN_F6

CUP,PYP,CLV

AN.1132

ICT equipment

o

o

AN_F6

CUP,PYP,CLV

AN.1139 + AN.114

Other machinery and equipment + weapon systems

o

o

AN_F6

CUP,PYP,CLV

AN.115

Cultivated biological resources

x

x

AN_F6

CUP,PYP,CLV

AN.117

Intellectual property products

x

x

AN_F6

CUP,PYP,CLV

P.52

Changes in inventories

x

x

CUP,PYP

P.53

Acquisitions less disposals of valuables

x

x

 

CUP,PYP

P.6

Exports of goods (fob) and services

x

x

GEO

CUP,PYP,CLV

P.61

Exports of goods

o

o

GEO

CUP,PYP,CLV

P.62

Exports of services

o

o

GEO

CUP,PYP,CLV

P.7

Imports of goods (fob) and services

x

x

GEO

CUP,PYP,CLV

P.71

Imports of goods

o

o

GEO

CUP,PYP,CLV

P.72

Imports of services

o

o

GEO

CUP,PYP,CLV

B.11

External balance of goods and services

x

x

CUP,PYP

B.111

External balance of goods

o

o

CUP,PYP

B.112

External balance of services

o

o

CUP,PYP

Main income aggregates

B.2g + B.3g

Gross operating surplus and gross mixed income

x

x

 

CUP

D.2-D.3

Taxes less subsidies on production and imports

x

x

 

CUP

D.2

Taxes on production and imports

x

x

 

CUP

D.3

Subsidies

x

x

 

CUP

D.1

Compensation of employees working in resident production (domestic concept)

x

x

A*10

CUP

D.11

Wages and salaries

x

x

A*10

CUP

D.12

Employers' social contributions

x

x

A*10

CUP

Population and employment

Compulsory units (x): Persons (PS) for population and all employment variables and hours worked (HW) for employment in resident production units.

Jobs (JB) and full time equivalents (FTE) optional (o) for employment in resident production units

POP

Total population

(thousands of persons)

x

x

 

PS

EMP_NC

Employment of residents

(national concept)

x

x

 

PS

EEM_NC

Resident employees

(national concept)

x

x

 

PS

ESE_NC

Self-employed residents

(national concept)

x

x

 

PS

EMP

Employment in resident production units (domestic concept)

x

x

A*10

PS, HW

o

o

A*10

JB, FTE

EEM

Employees in resident production units (domestic concept)

x

x

A*10

PS, HW

o

o

A*10

JB, FTE

ESE

Self-employed in resident production units (domestic concept)

x

x

A*10

PS, HW

o

o

A*10

JB, FTE

Geographical breakdowns of exports and imports – according to the actual composition at the end of the last reference period (‘fixed composition’)

GEO

Compulsory for total exports and imports;

Voluntary for goods and services

Unit with compulsory start year

Code

Breakdowns by counterpart area

CUP

PYP

CLV

B0

EU Member States incl. EU institutions

2008/Q1

2012/Q1

2012/Q1

U2

Euro area (Member States and Institutions of the Euro Area)

2008/Q1

2012/Q1

2012/Q1

U3

Intra EU Extra Euro Area (EU member states and institutions not belonging to the Euro area)

2008/Q1

2012/Q1

2012/Q1

4Y

European Union institutions

o

o

o

D0

Extra-EU

2008/Q1

2012/Q1

2012/Q1

Table 1F — Flash estimates of GDP and employment — quarterly voluntary transmissions

Voluntary transmissions of flash GDP and employment growth estimates are agreed between the Commission (Eurostat) and Member States in view of ensuring a regular coordinated publication of these estimates about 30 or 45 days after the reference period. Member States transmitting such estimates to the Commission (Eurostat) shall send them regularly each quarter at least one working day before the agreed publication date –with clear indication if the estimates can be published (preferred option).

Code

Flash estimates

Periodicity

Based on

B.1*g

Gross domestic product at market prices

Q

Volume

EMP

Total Employment in resident production units

Q

Persons

Table 2 — Main aggregates of general government and its subsectors — annual

Data shall be reported at current prices in millions of national currency (with reporting precision at least at 1 million of national currency), with exceptions specified below from 1995 at t+3 and t+9 months after the end of the reference period.

Sector and subsectors:

General government and its subsector breakdown are to be reported on a compulsory basis (exceptions below):

-S.13 general government

-S.1311 central government

-S.1312 state government

-S.1313 local government

-S.1314 social security funds.

Any non-compulsory data for general government and its subsectors is indicated in the notes below. Otherwise, data is compulsory from reference year 1995 onwards.

Some items related to transactions with institutions and bodies of the EU shall be transmitted on a compulsory basis as specified below for:

-S.212 institutions and bodies of the European Union

-S.1 total economy.

Subsector data shall be reported as consolidated in items property income (D.4), other current transfers (D.7) and capital transfers (D.9) (and their sub-items; partly consolidated in total expenditure and total revenue - TE and TR) within each subsector but not between subsectors). Sector S.13 data equals the sum of subsector data, except for items D.4, D.7 and D.9 (and their sub-items and aggregations) which shall be consolidated between subsectors (with counterpart information from the expenditure side). Whenever substantial payments for items other than property income (D.4), other current transfers (D.7) or capital transfers (D.9) and sub-items occur within or between subsectors, Member States should specify these payments in the sender footnotes.

Data reported shall be consistent with data reported under Regulation (EC) No 479/2009.

Code

Transaction

Notes

P.1

Output

P.11 + P.12

Market output and output for own final use

P.11

Market output

voluntary

P.12

Output for own final use

voluntary

P.12_GFSM_D.1

Output for own final use, cost attributable to compensation of employees (GFSM purpose)

voluntary; for the purpose of reporting in International Monetary Fund Government Finance Statistics Manual (GFSM) methodology

P.12_GFSM_P.2

Output for own final use, cost attributable to intermediate consumption (GFSM purpose)

voluntary; see P.12_GFSM_P.2

P.12_GFSM_P.51C

Output for own final use, cost attributable to consumption of fixed capital (GFSM purpose)

voluntary; see P.12_GFSM_P.2

P.13

Non-market output

P.131

Payments for non-market output

Memo: own resource collection costs

compulsory for S.13 from reference year 2004 onwards, voluntary for subsectors

P.132

Non-market output, other

P.11 + P.12 + P.131

Market output, output for own final use and payments for non-market output

P.2

Intermediate consumption

B.1g

Value added, gross

P.51c

Consumption of fixed capital

B.1n

Value added, net

D.1

Compensation of employees, expenditure

D.11

Wages and salaries, expenditure,

voluntary

D.12

Employers’ social contributions, expenditure

voluntary

D.29p

Other taxes on production, expenditure

D.39r

Other subsidies on production, revenue

to be reported with a positive sign

D.3r_S.212

Subsidies, revenue from the institutions and bodies of the European Union

compulsory only for S.1 from reference year 2004 onwards, voluntary for S.13 and subsectors

B.2n

Operating surplus, net

D.2r

Taxes on production and imports, revenue

also to be transmitted for S.212 (compulsory from reference year 2004 onwards)

D.21r

Taxes on products, revenue

also to be transmitted for S.212 (compulsory from reference year 2004 onwards)

D.211r

Value added type taxes (VAT), revenue

D.29r

Other taxes on production, revenue

also to be transmitted for S.212 (compulsory from reference year 2004 onwards)

D.4r

Property income, revenue

D.41r

Interest, revenue

D.41Gr

Total interest before FISIM allocation, revenue

voluntary

D.42r + D.43r + D.44r + D.45r

Other property income, revenue

D.42r

Distributed income of corporations, revenue

voluntary

D.43r

Reinvested earnings on FDI, revenue

voluntary

D.44r

Other investment income, revenue

voluntary

D.45r

Rent, revenue

voluntary

D.3p

Subsidies, expenditure

to be reported with a positive sign

D.31p

Subsidies on products, expenditure

to be reported with a positive sign

D.39p

Other subsidies on production, expenditure

to be reported with a positive sign

D.4p

Property income, expenditure

D.4p_S.1311

of which, to subsector central government (S.1311)

D.4p_S.1312

of which, to subsector state government (S.1312)

D.4p_S.1313

of which, to subsector local government (S.1313)

D.4p_S.1314

of which, to subsector social security funds (S.1314)

D.41p

Interest, expenditure

D.41Gp

Total interest before FISIM allocation, expenditure

voluntary

D.42p + D.43p + D.44p + D.45p

Other property income, expenditure

D.42p

Distributed income of corporations, expenditure

voluntary

D.43p

Reinvested earnings on FDI, expenditure

voluntary

D.44p

Other investment income, expenditure

voluntary

D.45p

Rent, expenditure

voluntary

B.5n

Balance of primary incomes, net

D.5r

Current taxes on income, wealth etc., revenue

D.51r

Taxes on income, revenue

voluntary

D.51a + D.51c1

Taxes on individual or household income including holding gains, revenue

voluntary

D.51b + D.51c2

Taxes on the income or profits of corporations including holding gains, revenue

voluntary

D.59r

Other current taxes, revenue

voluntary

D.61r

Net social contributions, revenue

D.611r

Employers' actual social contributions, revenue

D.613r

Households' actual social contributions, revenue

D.7r

Other current transfers, revenue

D.7r_S.212

Other current transfers, revenue, from the institutions and bodies of the European Union

compulsory for S.13 and S.1 from reference year 2004 onwards; voluntary for subsectors of S.13.

D.71r

Net non-life insurance premiums, revenue

voluntary

D.72r

Non-life insurance claims, revenue

voluntary

D.73r

Current transfers within general government, revenue

voluntary

D.74r

Current international cooperation, revenue

voluntary

D.74r_S.212

Current international cooperation, revenue, from the institutions and bodies of the European Union

compulsory for S.13 from reference year 2004 onwards; voluntary for subsectors of S.13.

D.75r

Miscellaneous current transfers, revenue

voluntary

D.76r

Value Added Tax and GNI - based EU own resources, revenue

when used, compulsory at S.13 level from reference year 2004 onwards

D.5p

Current taxes on income, wealth etc., expenditure

D.62p

Social benefits other than social transfers in kind, expenditure

D.621p

Social security benefits in cash, expenditure

voluntary

D.622p

Other social insurance benefits, expenditure

voluntary

D.623p

Social assistance benefits in cash, expenditure

voluntary

D.62p COFOG 10.2

Social benefits other than social transfers in kind, expenditure, of which COFOG 10.2

voluntary

D.62p COFOG 10.3

Social benefits other than social transfers in kind, expenditure, of which COFOG 10.3

voluntary

D.62p COFOG 10.5

Social benefits other than social transfers in kind, expenditure, of which COFOG 10.5

voluntary

D.632p

Social transfers in kind — purchased market production, expenditure

D.62p + D.632p

Social benefits other than social transfers in kind and social transfers in kind — purchased market production, expenditure

D.7p

Other current transfers, expenditure

D.7p_S.1311

of which, to subsector central government (S.1311)

D.7p_S.1312

of which, to subsector state government (S.1312)

D.7p_S.1313

of which, to subsector local government (S.1313)

D.7p_S.1314

of which, to subsector social security funds (S.1314)

D.71p

Net non-life insurance premiums, expenditure

voluntary

D.72p

Non-life insurance claims, expenditure

voluntary

D.73p

Current transfers within general government, expenditure

voluntary

D.74p

Current international cooperation, expenditure

voluntary

D.74p_S.212

Current international cooperation, expenditure, to the institutions and bodies of the European Union

compulsory for S.13 from reference year 2004 onwards; voluntary for subsectors of S.13.

D.75p

Miscellaneous current transfers, expenditure

voluntary

D.76p

Value Added Tax and GNI - based EU own resources, expenditure

compulsory for S.13 from reference year 2004 onwards; voluntary for subsectors of S.13.

B.6n

Disposable income, net

P.3

Final consumption expenditure

P.31

Individual consumption expenditure

P.32

Collective consumption expenditure

D.8

Adjustment for the change in pension entitlements

B.8g

Saving, gross

B.8n

Saving, net

D.9r

Capital transfers, revenue

D.9r_S.2

Capital transfers, revenue, from the rest of the world

voluntary

D.9r_S.212

Capital transfers, revenue, from the institutions and bodies of the European Union

compulsory for S.13 and S.1 from reference year 2004 onwards; voluntary for subsectors of S.13.

D.91r

Capital taxes, revenue

D.92r + D.99r

Investment grants and other capital transfers, revenue

D.92r

Investment grants, revenue

voluntary

D.99r

Other capital transfers, revenue

voluntary

D.9p

Capital transfers, expenditure

D.9p_S.1311

of which, to subsector central government (S.1311)

D.9p_S.1312

of which, to subsector state government (S.1312)

D.9p_S.1313

of which, to subsector local government (S.1313)

D.9p_S.1314

of which, to subsector social security funds (S.1314)

D.9p_ S.2

Capital transfers, expenditure, to the rest of the world

voluntary

D.9p_S.212

Capital transfers, expenditure, to the institutions and bodies of the European Union

compulsory for S.13 and S.1 from reference year 2004 onwards; voluntary for subsectors of S.13.

D.92p

Investment grants, expenditure

D.99p

Other capital transfers, expenditure

voluntary

P.5

Gross capital formation

P.51g

Gross fixed capital formation

P.52 + P.53

Changes in inventories and acquisitions less disposals of valuables

NP

Acquisitions less disposals of non-financial non-produced assets

P.5 + NP

Gross capital formation and acquisitions less disposals of non-financial non-produced assets

B.9

Net lending (+) / net borrowing (—)

TE

Total expenditure

TR

Total revenue

D.995

Capital transfers from general government to relevant sectors representing taxes and social contributions assessed but unlikely to be collected

D.995 is to be deducted from D.99r. No amounts for D.995 are to be included under D.9p. D.995r is to be reported with a positive sign.

PTC

Total payable tax credits

To be transmitted on a voluntary basis for subsectors and for reference years up to 2011.

The whole amount of a payable tax credit should be recorded as government expenditure (‘total payable tax credits’, PTC) while mentioning the amount of the ‘transfer component’ (TC).

TC

Payable tax credits that exceed the taxpayer's liability

see PTC.

The ‘transfer component’ (TC) corresponds to payable tax credits that exceed the taxpayer's liability and that are paid out to the taxpayer.

EMP (PS)

Employment in persons

voluntary, in thousands

AN.1

Produced non-financial assets

voluntary

AN.11

Fixed assets

voluntary

AN.12 + AN.13

Inventories and valuables

voluntary

AN.2

Non-produced non-financial assets

voluntary

AN.21

Natural resources

voluntary

AN.22

Contracts, leases and licences

voluntary

Table 3 — Detailed breakdowns of main aggregates and employment by industry — annual

Data shall be reported at t+9 months after the reference period for NACE breakdowns up to A*21 (including total economy and A*10) and at t+21 months for A*64 (including A*38) These breakdowns are compulsory (x); A*88 breakdowns are optional (o).

Main output and income aggregates:

Data in current prices (CUP) shall be reported starting 1995; previous-year’s prices (PYP) starting 1996 and chain-linked volumes (CLV) starting 1995; PYP and CLV are optional for P1 and P2 but compulsory for B.1g and P51c; Imputed rentals of owner-occupied dwellings’ (item 44 - “Real estate activities’) compulsory only for P.1, P.2, B.1g.

Code

List of variables

t+9 months

t+21 months

CUP

1995

PYP

1996

CLV

1995

P.1

Output at basic prices by industry

A*21

A*64

x

o

o

P.2

Intermediate consumption at purchaser’s prices by industry

A*21

A*64

x

o

o

B.1g

Gross value added at basic prices by industry

A*21

A*64

x

x

x

P.51c

Consumption of fixed capital by industry

A*21

A*64

x

x

x

B.2n+B.3n

Net operating surplus and net mixed income

A*21

A*64

x

D.29 – D.39

Other taxes on production less other subsidies on production

A*21

A*64

x

D.1

Compensation of employees by industry

A*21

A*64

x

D.11

Wages and salaries

A*21

A*64

x

Employment in resident production (domestic concept DC):

Data shall be reported in persons (PS) and hours worked (HW) starting 1995. At t+9 months data are compulsory (x) for NACE breakdowns up to A*21 (including total economy and A*10) and at t+21 months for A*64 for PS and A*38 for HW; A*88 breakdowns and data for jobs (JB) and full-time equivalents (FTE) are optional (o)

Code

List of variables

t+9 months

A*21

PS/HW

1995

t+21 months

A*64

PS

1995

t+21 months

A*38 HW

1995

JB

FTE

EMP

Total Employment (DC)

x

x

x

o

o

EEM

Employees (DC)

x

x

x

o

o

ESE

Self-employed (DC)

x

x

x

o

o

Table 5 — Household final consumption expenditure by purpose — annual

Data shall be reported at t+9 months after the reference period in current prices (CUP) starting from 1995, in previous year's prices (PYP) starting from 1996 and chain linked volumes (CLV) starting from 1995. For final consumption expenditure of households based on the domestic concept (DC) breakdowns by expenditure type are requested according to the COICOP 2018 classification, with division (2-digit) and group (3-digit) breakdowns as applied for the compilation of the Harmonised Indices of Consumer Prices (HICP).

Code

List of variables

Concept

Unit

P.31_S14

Final consumption expenditure of resident and non-resident households on the economic territory

Domestic – DC

CUP,PYP,CLV

Of which

COICOP breakdowns

Domestic – DC

CUP,PYP,CLV

P.33

Final consumption expenditure of resident households in the rest of the world

 

CUP,PYP,CLV

P.34

Final consumption expenditure of non-resident households on the economic territory

 

CUP,PYP,CLV

P.31_S14

Final consumption expenditure of resident households on the economic territory and abroad

National – NC

CUP,PYP,CLV

Table 6 — Financial accounts by sector — annual

Data shall be transmitted in current prices at t+4 and/or t+9 months after the reference period from 1995. 

The following sub-sectors of sector S.11 are to be provided on a voluntary basis: S.11DO Domestically controlled non-financial corporations; S.11001 Public non-financial corporations; S.110011 Of which: Public non-financial corporations, which are part of domestic multinationals; S.11002 National private non-financial corporations; S.110021 Of which: National private non-financial corporations, which are part of domestic multinationals; S.11003 Foreign-controlled non-financial corporations.

The following sub-sectors of sector S.12 are to be provided on a voluntary basis: S.12DO Domestically controlled financial corporations; S.12001 Public financial corporations; S.120011 Of which: Public financial corporations, which are part of domestic multinationals; S.12002 National private financial corporations; S.120021 Of which: National private financial corporations, which are part of domestic multinationals; S.12003 Foreign-controlled financial corporations; S.122 Deposit-taking corporations except the Central Bank; S.123 Money market funds (MMFs); S.125 Other financial intermediaries, except insurance corporations and pension funds; S.126 Financial auxiliaries; S.127 Captive financial institutions and money lenders; S.128 Insurance corporations; S.129 Pension funds.

The following sub-sectors of sector S. 2 are to be provided on a voluntary basis: S.21 Member States and institutions and bodies of the European Union; S.2I Members States of the euro area, the European Central Bank and other institutions and bodies of the euro area; S.22 Non-member countries and international organisations non-resident in the European Union.

EMU and EU breakdowns should represent the actual composition at the end of the last reference period (‘fixed composition’).

Table 6

Consolidated

Non-consolidated

Transactions

mandatory

mandatory

Other changes in volume

voluntary

mandatory

Revaluation accounts

voluntary

mandatory

Counterpart information*

 

voluntary

* Non-consolidated counterpart information to be provided on a voluntary basis and limited to the following counterpart sectors:

S.11 Non-financial corporations

S.12 Financial corporations

S.13 General government

S.14 + S.15 Households and non-profit institutions serving households

S.2 Rest of the world

(Transactions, other changes in volume and revaluation accounts — consolidated and non-consolidated — and counterpart information)

ESA code (financial instrument)

Transactions/other changes in volume/revaluation of financial instruments

S.1

S.11

S.12

S.121

S.124

S.121+S.122+S.123

S.122+S.123

S.125+S.126+S.127

S.128+S.129

S.13

S.1311

S.1312

S.1313

S.1314

S.14+S.15

S.14

S.15

S.2

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

F.A

Total Financial Assets

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.1

Monetary gold and special drawing rights (SDRs)

xra_ocv

 

xra_ocv

x

 

xt+4

 

 

 

xra_ocv

x

x

x

x

 

 

 

xra_ocv

F.11

Monetary gold

xt+4

 

xt+4

x

 

xt+4

 

 

 

xt+4

x

x

x

x

 

 

 

xt+4

F.12

SDRs

xt+4

 

xt+4

x

 

xt+4

 

 

 

xt+4

x

x

x

x

 

 

 

xt+4

F.2

Currency and deposits

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.21

Currency

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.22

Transferable deposits

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.221

Interbank positions

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.229

Other transferable deposits

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.29

Other deposits

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.3

Debt securities

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.31

Short-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.32

Long-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.4

Loans

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.41

Short-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.42

Long-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.5

Equity and investment fund shares/units

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.51

Equity

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.511

Listed shares

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.512

Unlisted shares

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.519

Other equity

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.52

Investment fund shares/units

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.521

Money Market Fund shares/units (MMFs)

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.522

Non-MMF investment fund shares/units

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.6

Insurance, pension and standardised guarantee schemes

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.61

Non-life insurance technical reserves

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x2012

x2012

x

F.62

Life insurance and annuity entitlements

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x2012

 

x

F.63+ F.64+ F.65

Pension entitlements, claims of pension funds on pension managers and entitlements to non-pension benefits

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x2012

x2012

x

F.63

Pension entitlements

o

 

o

o

o

o

o

o

o

 

 

 

 

 

o

o

 

o

F.64

Claims of pension funds on pension managers

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.65

Entitlements to non-pension benefits

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.66

Provisions for calls under standardised guarantees

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

F.7

Financial derivatives and employee stock options

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.71

Financial derivatives

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.711

Options

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.712

Forwards

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.72

Employee stock options

o

 

 

 

 

 

 

 

 

 

 

 

 

 

o

o

 

o

F.8

Other accounts receivable

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.81

Trade credits and advances

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.89

Other accounts receivable, excluding trade credits and advances

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

F.L

Total Financial Liabilities

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.1

Monetary gold and special drawing rights (SDRs)

xra_ocv

 

xra_ocv

x

 

xt+4

 

 

 

xra_ocv

x

x

x

x

 

 

 

xra_ocv

F.11

Monetary gold

xt+4

 

xt+4

x

 

xt+4

 

 

 

xt+4

x

x

x

x

 

 

 

xt+4

F.12

SDRs

xt+4

 

xt+4

x

 

xt+4

 

 

 

xt+4

x

x

x

x

 

 

 

xt+4

F.2

Currency and deposits

xra_ocv

xra_ocv

xra_ocv

x

 

xt+4

x

xt+4

 

xra_ocv

x

x

x

x

 

 

 

xra_ocv

F.21

Currency

xt+4

 

xt+4

x

 

xt+4

x

xt+4

 

xt+4

x

x

x

x

 

 

 

xt+4

F.22

Transferable deposits

xt+4

xt+4

xt+4

x

 

xt+4

x

xt+4

 

xt+4

x

x

x

x

 

 

 

xt+4

F.221

Interbank positions

o

o

o

o

 

o

o

o

 

o

o

o

o

o

 

 

 

o

F.229

Other transferable deposits

o

o

o

o

 

o

o

o

 

o

o

o

o

o

 

 

 

o

F.29

Other deposits

xt+4

xt+4

xt+4

x

 

xt+4

x

xt+4

 

xt+4

x

x

x

x

 

 

 

xt+4

F.3

Debt securities

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.31

Short-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.32

Long-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.4

Loans

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.41

Short-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.42

Long-term

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.5

Equity and investment fund shares/units

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.51

Equity

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.511

Listed shares

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.512

Unlisted shares

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.519

Other equity

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.52

Investment fund shares/units

xt+4

 

xt+4

x

x

xt+4

x

 

 

xt+4

x

x

x

x

 

 

 

xt+4

F.521

Money Market Fund shares/units (MMFs)

o

 

o

 

 

o

o

 

 

o

o

o

o

o

 

 

 

o

F.522

Non-MMF investment fund shares/units

o

 

o

 

o

o

 

 

 

o

o

o

o

o

 

 

 

o

F.6

Insurance, pension and standardised guarantee schemes

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.61

Non-life insurance technical reserves

x

x

x

x

x

x

x

x

x

x

x

x

x

x

 

 

 

x

F.62

Life insurance and annuity entitlements

x

 

x

x

x

x

x

x

x

x

x

x

x

x

 

 

 

x

F.63+ F.64+ F.65

Pension entitlements, claims of pension funds on pension managers and entitlements to non-pension benefits

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x

x2012

x2012

x

F.63

Pension entitlements

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.64

Claims of pension funds on pension managers

o

o

o

o

o

o

o

o

o

o

o

o

o

o

 

 

 

o

F.65

Entitlements to non-pension benefits

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

 

o

o

F.66

Provisions for calls under standardised guarantees

x

x

x

x

x

x

x

x

x

x

x

x

x

x

 

 

 

x

F.7

Financial derivatives and employee stock options

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.71

Financial derivatives

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.711

Options

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.712

Forwards

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

F.72

Employee stock options

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

 

o

o

F.8

Other accounts payable

xra_ocv

xra_ocv

xra_ocv

x

x

xt+4

x

xt+4

xt+4

xra_ocv

x

x

x

x

xra_ocv

xnc

xnc

xra_ocv

F.81

Trade credits and advances

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

F.89

Other accounts payable excluding trade credits and advances

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

(B.9F)

Net financial transactions(i)

xt+4

xt+4

xt+4

x

x

xt+4

x

xt+4

xt+4

xt+4

x

x

x

x

xt+4

xnc

xnc

xt+4

Legend:

x

mandatory at t+9 months

o

voluntary

xt+4m

mandatory at t+4 months

xra_ocv

mandatory for transactions at t+4 months; mandatory also for non-consolidated revaluation accounts and other changes in volume from reference year 2012 at t+4 months

xnc

mandatory transmission for non-consolidated transactions from reference year 2012 at t+4 months

x2012

voluntary for reference years before 2012; mandatory for reference years from 2012 onwards

 

not relevant cells

(i) Only for ‘transactions in financial instruments’ but not meaningful for "changes in volume’, ‘revaluation of financial instruments’ and counterpart sector information.

Table 7 — Balance Sheets for financial assets and liabilities — annual

Data shall be transmitted in current prices at t+4 and/or t+9 months after the reference period from 1995. 

The following sub-sectors of sector S.11 are to be provided on a voluntary basis: S.11DO Domestically controlled non-financial corporations; S.11001 Public non-financial corporations; S.110011 Of which: Public non-financial corporations, which are part of domestic multinationals; S.11002 National private non-financial corporations; S.110021 Of which: National private non-financial corporations, which are part of domestic multinationals; S.11003 Foreign-controlled non-financial corporations.

The following sub-sectors of sector S.12 are to be provided on a voluntary basis: S.12DO Domestically controlled financial corporations; S.12001 Public financial corporations; S.120011 Of which: Public financial corporations, which are part of domestic multinationals; S.12002 National private financial corporations; S.120021 Of which: National private financial corporations, which are part of domestic multinationals; S.12003 Foreign-controlled financial corporations; S.122 Deposit-taking corporations except the Central Bank; S.123 Money market funds (MMFs); S.123A Constant net asset value MMFs; S.123B Variable net asset value MMFs; S.124A Open-end Non MMFs - Total; S.124A1 Open-end Non MMFs - Real estate funds; S.124A2 Open-end Non MMFs - Equity funds; S.124A3 Open-end Non MMFs - Bond funds; S.124A4 Open-end Non MMFs - Mixed or balanced funds; S.124A5 Open-end Non MMFs - Hedge funds; S.124A9 Open-end Non MMFs - Other funds; S.124B Closed-end Non MMFs - Total; S.124B1 Closed-end Non MMFs - Real estate funds; S.124B2 Closed-end Non MMFs - Equity funds; S.124B3 Closed-end Non MMFs - Bond funds; S.124B4 Closed-end Non MMFs - Mixed or balanced funds; S.124B5 Closed-end Non MMFs - Hedge funds; S.124B9 Closed-end Non MMFs - Other funds; S.125 Other financial intermediaries, except insurance corporations and pension funds; S.125A Financial vehicle corporations engaged in securitisation; S.125B Financial corporations engaged in lending; S.125C Security and derivative dealers; S.125D Specialised financial corporations; S.125E Other OFIs - Total; S.125E1 of which: Central clearing counterparties; S.126 Financial auxiliaries; S.127 Captive financial institutions and money lenders; S.1271 Trusts, estate and agency accounts; S.1272 Corporate Groups' captive financial entities - Total; S.1272A Of which: Foreign owned SPE-type captives; S.1273 Other captive finance companies and money lenders; S.128 Insurance corporations; S.1281 Non-life insurance corporations; S.1282 Life insurance corporations; S.129 Pension funds; S.129A Defined benefit funds; S.129B Defined contribution funds.

The following sub-sectors of sector S.2 are to be provided on a voluntary basis: S.21 Member States and institutions and bodies of the European Union; S.2I Members States of the euro area, the European Central Bank and other institutions and bodies of the euro area; S.22 Non-member countries and international organisations non-resident in the European Union.

EMU and EU breakdowns should represent the actual composition at the end of the last reference period (‘fixed composition’).

Table 7

Consolidated

Non-consolidated

Stocks

mandatory

mandatory

Counterpart information*

 

voluntary

* Non-consolidated counterpart information to be provided on a voluntary basis and limited to the following counterpart sectors:

S.11 Non-financial corporations

S.12 Financial corporations

S.13 General government

S.14 + S.15 Households and non-profit institutions serving households

S.2 Rest of the world

(Stocks of financial instruments — consolidated and non-consolidated — and counterpart information)

ESA code (financial instrument)

Transactions/other changes in volume/revaluation of financial instruments

S.1

S.11

S.12

S.121

S.124

S.121+S.122+S.123

S.122+S.123

S.125+S.126+S.127

S.128+S.129

S.13

S.1311

S.1312

S.1313

S.1314

S.14+S.15

S.14

S.15

S.2

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

AF.A

Total Financial Assets

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.1

Monetary gold and special drawing rights (SDRs)

xt+4m

 

xt+4m

x

 

xt+4m

 

 

 

xt+4m

x

x

x

x

 

 

 

xt+4m

AF.11

Monetary gold

xt+4m

 

xt+4m

x

 

xt+4m

 

 

 

xt+4m

x

x

x

x

 

 

 

xt+4m

AF.12

SDRs

xt+4m

 

xt+4m

x

 

xt+4m

 

 

 

xt+4m

x

x

x

x

 

 

 

xt+4m

AF.2

Currency and deposits

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.2

Of which: Domestic currency

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.21

Currency

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.22

Transferable deposits

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.221

Interbank positions

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.229

Other transferable deposits

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.29

Other deposits

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.3

Debt securities

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.3

Of which: Domestic currency

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.31

Short-term

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.32

Long-term

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.32

With remaining maturity of one year or less

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.32

With remaining maturity of more than one year

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.4

Loans

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.4

Of which: Domestic currency

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.4M2

Of which: Non-performing loans

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.41

Short-term

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.4D

Of which: Repurchase agreement, securities lending & margin lending

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.42

Long-term

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.42

With remaining maturity of one year or less

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.42

With remaining maturity of more than one year

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.5

Equity and investment fund shares/units

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.5

Of which: Domestic currency

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.51

Equity

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.511

Listed shares

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.512

Unlisted shares

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.519

Other equity

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.52

Investment fund shares/units

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.521

Money Market Fund shares/units (MMFs)

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.522

Non-MMF investment fund shares/units

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.6

Insurance, pension and standardised guarantee schemes

xt+4m

xt+4m

xt+4m

x

x

xt+4m

x

xt+4m

xt+4m

xt+4m

x

x

x

x

xt+4m

xnc

xnc

xt+4m

AF.6

Of which: Domestic currency

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

o

AF.61

Non-life insurance technical reserves

x

x

x

x

x

x

x

x

x

x

x

x

x

x