Non Financial Enterprises Financial Statements
methods, notes and classification
NON-FINANCIAL ENTERPRISES FINANCIAL STATEMENTS
I. GENERAL DESCRIPTION
Explanatory Notes The Non-financial enterprises financial statements
regroup related tables on private non-financial corporations as
defined by the United Nations System of National Accounts (SNA):
balance-sheets, statement of income and change in net worth and
sources and uses of funds. The coverage may either consist of the
entire sector or of a sample depending on the country. Tables of
this type are not, in general, integrated in the system of
national accounts and are not compatible with the Financial
Accounts of OECD. International comparisons are particularly
difficult here due to the vast differences in both volume and
quality of the basic material available and methods employed for
calculation and valuation. It is, thus, necessary to refer to
the OECD Financial Statistics Methodological Supplement in order
to judge the precautions to be taken.
The present database is produced once a year under the
responsability of the Directorate for Financial, Fiscal and
Enterprises Affairs of the OECD. It could not, however, have been
done without the help of the national administrations which
participated in the preparatory work and supply the data
reproduced here.
II. CONTENTS AND DATA CHARACTERISTICS
The data relate to sector of non-financial corporations,
restricted to private corporations (as distinct from public
corporations); that is to say, the sector of private corporate and
quasi-corporate non-financial enterprises as defined in the SNA.
Three related tables are presented:
i) a table showing the balance-sheet structure
(Table 1E);
ii) a table showing the statement of income and
change in net worth (Table 2E);
iii) a table showing the capital operations and
financial transactions (sources and uses of
funds) (Table 3E).
The three tables are based on a selected group of published accounts of non-financial corporations; such studies are not, in general integrated with the main system of national accounts (excepted in the USA and Canada). Some of these countries also prepare income and flow of funds accounts for the whole of the sector from other sources altogether, while in others studies of business accounts provide the only source of information available on non-financial corporations.
The tables have, as far as possible, been compiled from unconsolidated figures. Where data are consolidated, they exclude foreign subsidiaries when possible.
Methods of valuing balace-sheets items and calculating depreciation differ from one country to another.
Table 1E: The table is designed to harmonize as well as possible with SNA concepts. For most countries, it has been compiled from business balance-sheets and compromises have had to be adopted to approximate these concepts from book-keeping totals.
Table 2E: This table is recognized to be a composite one. Items 1 to 4 are on lines of a condensed operating account for non-financial corporations, showing the genesis of the gross trading profit 5 (in SNA terms, the operating surplus plus depreciation 15 and superannuation provision 16; see SNA page 159, item 3.3.2). For some countries the material provided by published accounts starts only at item 5. From this point, items 5 to 17 reflect the rest of the income and outlay account displayed in SNA page 159. The lower half of the table (items 18 to 27) applies in reverse the adjustments which have been needed both here and in compiling Table 3E in order to pass from book-keeping concepts to concepts allied as closely as possible to national accounting ones.
This presentation in Table 2E then allows Table 3E to show sources and uses of funds of non-financial corporations clean of revaluations.
Table 3E: Countries are offered two alternative presentations (E.31 and E.32. Version E.32 being an extended one of version E.31).
To conform as closely as possible to the SNA definitions, all the data are calculated at current prices.
Monetary unit (million or billion of national currency) is specified in the database.
III. BREAKS IN THE SERIES
Table 1E
Country Years
GERMANY 1968, 1980, 1987
AUSTRIA 1983
FRANCE 1979, 1980, 1981, 1982, 1985
NORWAY 1977, 1987
FINLAND 1975, 1976, 1978, 1980, 1983, 1984, 1986, 1989
Table 2E
Country Years
GERMANY 1968, 1980, 1987
AUSTRIA 1983
BELGIUM 1987
FRANCE 1979, 1980, 1981, 1982, 1985
NORWAY 1977, 1981, 1987
FINLAND 1989
Table 3E
Country Years
GERMANY 1981, 1987
AUSTRIA 1983
FRANCE 1979, 1980, 1981, 1982, 1985
NORWAY 1977, 1981
FINLAND 1989
Classification Plan ********************************************************************************
* *
* OECD STATISTICS *
* PARIS NON-FINANCIAL ENTERPRISES *
* FINANCIAL STATEMENTS *
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CLASSIFICATION PLAN:
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STRUCTURE OF THE CODE : XX /XX / XXXXX
SUB-CODES :
1 XX....... COUNTRY
2 ..XX..... TABLE NUMBER
3 ....XXXXX TABLE BY INDICATOR (OR ABBREVIATION)
SUB-CODE 1 : COUNTRY
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12 FEDERAL REPUBLIC OF GERMANY
14 FRANCE
16 ITALY
18 NETHERLANDS
22 BELGIUM
26 UNITED KINGDOM
30 DENMARK
32 SPAIN
42 UNITED STATES OF AMERICA
44 CANADA
46 JAPAN
58 NORWAY
60 SWEDEN
64 FINLAND
70 AUSTRIA
SUB-CODE 2 : TABLE NUMBER
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1E BALANCE-SHEET STRUCTURE
2E STATEMENT OF INCOME AND CHANGE IN NET WORTH
3E CAPITAL OPERATIONS AND FINANCIAL TRANSACTIONS
SUB-CODE 3 : TABLE BY INDICATOR (e.g. FRANCE)
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TABLE 1E
1 1. NON-FINANCIAL ASSETS
11 1.1. NET FIXED TANGIBLE ASSETS
111 1.1.1. NET REPRODUCIBLE FIXED ASSETS
112 1.1.2. NET NON-REPRODUCIBLE FIXED ASSETS
12 1.2. STOCKS
122 1.2. STOCKS 2. SHORT-TERM FINANCIAL ASSETS
13 1.3. NET INTANGIBLE ASSETS
2 2. SHORT-TERM FINANCIAL ASSETS
21 2.1. CASH AND TRANSFERABLE DEPOSITS
22 2.2. OTHER DEPOSITS
221 2.2.1. SMALL TIME AND SAVINGS DEPOSITS
222 2.2.2. LARGE TIME DEPOSITS
223 2.2.3. SECURITY REPURCHASE AGREEMENTS
224 2.2.4. FOREIGN DEPOSITS
225 2.2.5. MONEY MARKET FUND SHARES
23 2.3. SHORT-TERM BILLS AND BONDS
232 2.3.2. SHORT-TERM PRIVATE SECURITIES
24 2.4. SHORT-TERM LOANS, N.E.C.
241 2.4.1. TO AFFILIATES
242 2.4.2. OTHERS
25 2.5. TRADE CREDITS EXTENDED
251 2.5.1. TO AFFILIATES
252 2.5.2. OTHERS
26 2.6. OTHER ACCOUNTS RECEIVABLE
261 2.6.1. FROM AFFILIATES
262 2.6.2. OTHERS
3 3. LONG-TERM FINANCIAL ASSETS
31 3.1. LONG-TERM BONDS
311 3.1.1. CLAIMS ON AFFILIATES
312 3.1.2. OTHERS
32 3.2. SHARES
321 3.2.1. CLAIMS ON AFFILIATES
322 3.2.2. TRADE INVESTMENTS
323 3.2.3. OTHERS
33 3.3. LONG-TERM LOANS, N.E.C.
331 3.3.1. CLAIMS ON AFFILIATES
332 3.3.2. OTHERS
4 4. EQUITY
41 4.1. SHARE CAPITAL
42 4.2. RESERVES AND PROVISIONS
421 4.2.1. RESERVES
422 4.2.2. PROVISIONS
5 5. SHORT-TERM LIABILITIES
51 5.1. SHORT-TERM BILLS AND BONDS
52 5.2. SHORT-TERM BORROWED FUNDS, N.E.C.
521 5.2.1. LOANS FROM AFFILIATES
522 5.2.2. LOANS FROM BANKS
523 5.2.3. OTHERS
53 5.3. TRADE CREDITS RECEIVED
531 5.3.1. FROM AFFILIATES
532 5.3.2. OTHERS
54 5.4. OTHER ACCOUNTS PAYABLE
541 5.4.1. TO AFFILIATES
542 5.4.2. OTHERS
6 6. LONG-TERM LIABILITIES
61 6.1. LONG-TERM BONDS
612 6.1.2. OTHER LONG-TERM
62 6.2. LONG-TERM BORROWED FUNDS, N.E.C.
621 6.2.1. OWED TO AFFILIATES
622 6.2.2. OTHERS
623 6.2.3. OWED TO BANKS
624 6.2.4. OTHERS
63 6.3. LONG-TERM BORROWED FUNDS, N.E.C.
631 6.3.1. OWED TO AFFILIATES
632 6.3.2. MINORITY SHAREHOLDERS' INTERESTS IN SUBSIDIARIES
633 6.3.3. OWED TO BANKS
634 6.3.4. OTHERS
AMORT AMORTIZATION OF REPRODUCIBLE FIXED ASSETS
ACCUM ACCUMULATED DEPRECIATION RESERVES
ASSET ASSETS
CASH 2.1.+ 2.2. CASH AND DEPOSITS
CENTR CENTRAL GOVERNMENT SECURITIES
CUMUL CUMULATED DEPRECIATION AND AMORTIZATION OF REPRODUCIBLE ASSETS
HELD HELD AS CASH INVESTMENTS
INCOR INCORPORATION EXPENSES
INTAN INTANGIBLE FIXED ASSETS
LIABI LIABILITIES
OF WH OF WHICH, PROVISIONS FOR RISKS AND LIABILITIES
LOANS 5.2.2.+ 5.2.3. LOANS FROM BANKS AND OTHERS
NUMBE NUMBER OF ENTERPRISES
NOMBR NOMBRE DE SOCIETES ASSETS
NOTES NOTES AND BILLS DISCOUNTED
OTHE2 OTHER LIABILITIES
OTHER OTHER ASSETS
PORTF PORTFOLIO INVESTMENTS
PROFI PROFIT/LOSSES
SHORT 2.3.+ 2.4. SHORT-TERM BILLS, BONDS AND LOANS
STATE STATE AND LOCAL GOVERNMENT
TRADE TRADE INVESTMENTS
TABLE 2E
1 1. SALES PLUS CHANGES IN STOCKS AND WORK IN PROGRESS
2 2. INPUT OF GOODS AND SERVICES FROM OUTSIDE, PLUS INDIRECT TAXES, MINUS SUBSIDIES
3 3. GROSS PRODUCT AT FACTOR COST
4 4. WAGES AND SOCIAL CHARGES
5 5. GROSS TRADING PROFIT
6 6. INTEREST PAID
7 7. RENT PAID
8 8. DIVIDENDS RECEIVED
9 9. INTEREST AND RENT RECEIVED
10 10. CURRENT TRANSFERS
11 11. GROSS TOTAL PROFIT
12 12. DIRECT TAXES
13 13. DIVIDEND ACCRUALS
14 14. GROSS INCOME FINANCE
15 15. DEPRECIATION OF TANGIBLE FIXED ASSETS
16 16. INCREASE IN PROVISIONS FOR STAFF SUPERANNUATION, OR SIMILAR PROVISIONS
17 17. NET RETAINED INCOME
18 18. NET CAPITAL TRANSFERS RECEIVED
19 19. SHARE ISSUES
20 20. CAPITAL GAINS AND LOSSES
21 21. REVALUATION OF TANGIBLE FIXED ASSETS
211 21.1. REVALUATION OF REPRODUCIBLE FIXED ASSETS
212 21.2. REVALUATION OF STOCKS
213 21.3. REVALUATION OF LAND
22 22. REVALUATION LESS AMORTIZATION OF INTANGIBLE ASSETS
221 22.1. REVALUATION OF FINANCIAL ASSETS
222 22.2. REVALUATION OF LIABILITIES/OTHER INTANGIBLE ASSETS
23 23. OTHER REVALUATION
24 24. STATISTICAL DISCREPANCY
25 25. INCREASE IN NET WORTH
26 26. CLOSING BALANCE NET WORTH
27 27. OPENING BALANCE NET WORTH
DEPRE DEPRECIATION
DIVID 8+9. DIVIDENDS, INTEREST AND RENT RECEIVED
EMPLO EMPLOYEES' SHARE OF PROFITS
GROSS GROSS EARNINGS, IN % OF TURNOVER
I COS I. COSTS
II AN II. ANNUAL SURPLUS
III A III. AMPLIFIED GROSS EARNINGS
INTER INTEREST PAID
MATER MATERIAL COSTS
NUMBE NUMBER OF ENTERPRISES
OTHER OTHER COSTS
PURC2 PURCHASES OF MINERAL RIGHTS
PURCH PURCHASES OF LAND
PATEN PATENT AND LICENCE FEES
TAXES TAXES
TURN2 TURNOVER, IN % OF TOTAL ASSETS
TURNO TURNOVER, IN BILLION DM
WAGES WAGES
TABLE 3E
NUMBE NUMBER OF ENTERPRISES
SOURC SOURCES
1 1. NON-FINANCIAL SOURCES
11 1.1. GROSS INCOME FINANCE
111 1.1.1. NET INCOME FINANCES
112 1.1.2. DEPRECIATION
12 1.2. NET CAPITAL TRANSFERS RECEIVED
2 2. FINANCIAL SOURCES
21 2.1. INCREASE IN SHORT-TERM DEBT.
211 2.1.1. TO BANKS /MANUFACTURING INDUSTRIES
212 2.1.2. INCREASE IN SHORT-TERM BORROWING, N.E.C
2121 2.1.2.1. FROM AFFILIATES
2122 2.1.2.2. FROM FINANCIAL INSTITUTIONS
2123 2.1.2.3. OTHERS
213 2.1.3. INCREASE IN TRADE CREDITS RECEIVED
2131 2.1.3.1. FROM AFFILIATES
2132 2.1.3.2. OTHERS
214 2.1.4. INCREASE IN ACCOUNTS PAYABLE
2141 2.1.4.1. FROM AFFILIATES
2142 2.1.4.2. OTHERS
22 2.2. INCREASE IN LONG-TERM DEBT
221 2.2.1. ISSUES OF LONG TERM BONDS
222 2.2.2. ISSUES OF SHARES
2221 2.2.2.1. PLACED WITH AFFILIATES
223 2.2.3. INCREASE IN LONG-TERM BORROWING, N.E.C
2231 2.2.3.1. FROM AFFILIATES
2232 2.2.3.2. FROM BANKS
2233 2.2.3.3. OTHERS
23 2.3. OTHER SOURCES OF FINANCE
231 2.3.1. FOREIGN DIRECT INVESTMENT
232 2.3.2. OTHER SOURCES
24 2.4. ISSUES OF SHARES
25 2.5. OTHER LONG-TERM EXTERNAL SOURCES OF FINANCE
3 3. INVESTMENT IN NON-FINANCIAL ASSETS
31 3.1. INVESTMENT IN TANGIBLE FIXED ASSETS
311 3.1.1. INVESTMENT IN NEW REPRODUCIBLE FIXED ASSETS
312 3.1.2. NET PURCHASES OF EXISTING ASSETS
313 3.1.3. PURCHASES OF NON-REPRODUCIBLE FIXED ASSETS
32 3.2. INCREASE IN STOCKS
33 3.3. INCREASE IN INTANGIBLE NON-FINANCIAL ASSETS
4 4. INVESTMENT IN FINANCIAL ASSETS
41 4.1. INCREASE IN SHORT TERM CLAIMS
411 4.1.1. CHANGE IN CASH
4111 4.1.1.1. CASH AND TRANSFERABLE DEPOSITS
4112 4.1.1.2. OTHER DEPOSITS
4113 4.1.1.3. LARGE TIME DEPOSITS
4114 4.1.1.4. FOREIGN DEPOSITS
4115 4.1.1.5. MONEY MARKET FUND SHARES
412 4.1.2. OTHER SHORT-TERM CLAIMS
4121 4.1.2.1. INCREASE IN HOLDINGS OF SHORT-TERM BILLS AND BONDS
4122 4.1.2.2. INCREASE IN SHORT-TERM LOANS, N.E.C
41221 4.1.2.2.1. TO AFFILIATES
41222 4.1.2.2.2. TO OTHERS
4123 4.1.2.3. INCREASE IN TRADE CREDITS EXTENDED
41231 4.1.2.3.1. TO AFFILIATES
4124 4.1.2.4. INCREASE IN OTHER ACCOUNTS RECEIVABLE
42 4.2. INCREASE IN LONG-TERM CLAIMS
421 4.2.1. TRADE CREDITS EXTENDED
4211 4.2.1.1. STATE AND LOCAL GOVERNMENT
4212 4.2.1.2. CENTRAL GOVERNMENT LENDING AGENCIES
4213 4.2.1.3. OTHERS
422 4.2.2. OTHER CLAIMS
4221 4.2.2.1. ISSUED BY AFFILIATES
4224 4.2.2.4. OTHERS
4225 4.2.2.5. OTHERS
423 4.2.3. INCREASE IN LONG-TERM LOANS, N.E.C
4231 4.2.3.1. TO AFFILIATES
4232 4.2.3.2. TO OTHER DOMESTIC AGENTS
43 4.3. NET PURCHASES OF LONG-TERM FINANCIAL ASSETS
44 4.4. OTHER INVESTMENT IN FINANCIAL ASSETS
441 4.4.1. DIRECT INVESTMENT ABROAD
442 4.4.2. OTHER INVESTMENTS
ACQUI 4.1.2.1.+ 4.2.1.+ 4.2.2. ACQUISITION OF SECURITIES
CANAD CANADIAN
DEPRE DEPRECIATION
DEPR2 DEPRECIATION
TO OT 4.1.2.3.2. + 4.1.2.3.3. TO OTHER AGENTS
FOREI FOREIGN
FROM FROM MERGES AND ACQUISITIONS
GROSS 1.1.+ 2.2.2. GROSS INCOME FINANCE AND ISSUES OF SHARES
INCR2 3.1.+ 3.3. INCREASE IN FIXED ASSETS
INCRE 2.1.+ 2.2.1+ 2.2.3. INCREASE IN DEBT
ISSUE 4.2.2.1.ISSUED BY AFFILIATES.. 4.2.2.2. + 4.2.2.3. HELD AS TRADE INVESTMENT .. 4.2.2.
NET I NET INCREASE IN FIXED ASSETS
NET R 3.1.1.+ 3.1.2. NET REPRODUCIBLE FIXED ASSETS
OTHER OTHERS
PROVI PROVISIONS
SHORT 2.1.1.+ 2.1.2. SHORT-TERM SECURITIES AND BORROWING
STATI STATISTICAL DISCREPANCY
TRADE 4.2.2.2.+ 4.2.2.3. TRADE INVESTMENTS
TRANS TRANSFERS TO RESERVES
USES USES
UNITS:
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MONETARY UNITS ARE MILLIONS OR BILLIONS OF NATIONAL CURRENCY.