1 Public Sector Debt - Instructions Under the auspices of the Task Force on Finance Statistics 1 the World Bank has developed a new database to disseminate quarterly data on government, and more broadly, public sector debt statistics. The main purpose of this database is to facilitate timely dissemination in standard formats of the government, and more broadly, the public sector debt data (including its components) and metadata to support macroeconomic analysis and cross-country comparisons. Reporting requirements Six tables are developed for reporting quarterly time series information on public sector debt. Available data will be reported for the following sectors on a consolidated basis: General government o/w Central government o/w Budgetary central government Nonfinancial public corporations Financial public corporations Total public sector The basic requirement for countries to participate is to supply quarterly data on Central and General Government debt. Data on Budgetary Central Government, Non Financial Public Corporations, Financial Public Corporations, and Total Public Sector is encouraged, whenever available. While, as a rule, the entries in the SNA are not consolidated, consolidation might be relevant for the government sector, and more broadly, the public sector. For this reason, public sector debt data are to be consolidated both at the sector and sub-sector levels, as listed above, so that reciprocal stock positions among units are eliminated. As a consequence, different sectors and subsectors cannot be summed, or state and local derived as a residual, because of debt held between different parts of the public sector. The first report should preferably include all quarters available from Q onwards. The following quarterly questionnaires will include the last five years (20 quarters) to enable countries to report revised data for the past period, in addition to the update of a new quarter. The reporting currency should be the domestic currency. When reporting data by currency of denomination, foreign currency gross debt shall be converted into the national currency at the representative spot market exchange rate prevailing on the last working day of the quarter. Do not change the structure of the spreadsheets. Do not remove or add tabs, rows or columns in the template. Even if you fill out only some of the tables in the template, please send it to us in the same shape as we provided. Please, make sure that totals inside the tables are added up to the sum of their components. Please, check the validations at the bottom of each sheet in the PSD questionnaire, which does not use SDMX NA DSD codes, to ensure that data are correct within each table. 1 The members of the Task Force on Finance Statistics are the Bank for International Settlements, the Commonwealth Secretariat, the European Central Bank, Eurostat, the International Monetary Fund, the Organization for Economic Cooperation and Development, the Paris Club Secretariat, the United Nations Conference on Trade and Development, and the World Bank.
2 Please, address the template to Ms. Jennifer Ribarsky and Ms. Isabelle Ynesta at OECD and to Ms. Evis Rucaj at the World Bank and copied to Ms. Florina Tanase at the IMF. The reporting cycle is as follows: Q Q Q Q Q Submission date January 21, 2015 April 20, 2015 July 22, 2015 October 22, 2015 January 22, 2016 OECD countries should send their data to the OECD for validation. Data requested are aligned with the Public Sector Debt Statistics: Guide for Compilers and Users (the Debt Guide). 2 The classifications and definitions are in line with those used in other statistical manuals, such as the System of National Accounts 2008, the Government Finance Statistics Manual 2001, 3 and the Balance of Payments and International Investment Position Manual, sixth edition. However, the valuation, here, differs from SNA valuation rules in that public sector debt is measured at nominal value (not market value as in national accounts). Methodology and definitions Definitions of Debt 1.1 Total gross debt often referred to as total debt or total debt liabilities consists of all liabilities that are debt instruments. A debt instrument is a financial claim that requires payment(s) of interest and/or principal by the debtor to the creditor at a date, or dates, in the future. 1.2 For a liability to be considered debt it must exist and be outstanding. The decisive consideration is whether a creditor has a claim on the debtor. Debt liabilities are typically established through the provision of economic value by one institutional unit, the creditor, to another, the debtor, normally under a contractual arrangement. Debt liabilities can also be created by the force of law, 4 and by events that require future transfer payments. 5 Debt liabilities include arrears of principal and interest. Commitments to provide economic value in the future do not establish debt liabilities until items change ownership, services are rendered, or income accrues; for example, amounts yet to be disbursed under a loan or export credit commitment are not to be included in the gross debt position. Contingencies, such as the granting of most one-off guarantees, 6 are not included in the debt of the guarantor because they are not unconditional liabilities. Guaranteed debt is attributed to the debtor, not the guarantor (unless and until the guarantee is called). 1.3 The provision of economic value by the creditor, or the creation of debt liabilities through other means, establishes a principal liability for the debtor, which, until extinguished, may change in value over time. Interest is the cost (expense) that the debtor incurs for the use of the principal outstanding. 7 Thus, interest is a form of investment income that is receivable by the owners of certain kinds of financial assets (SDRs, gold 2 The Debt Guide is available at A blank template of tables is available at 3 The revision of the Government Finance Statistics Manual is under way to maintain consistency with the System of National Accounts These liabilities could include those arising from taxes, penalties (including penalties arising from commercial contracts), and judicial awards at the time they are imposed. 5 These include claims on nonlife insurance companies, claims for damages not involving nonlife insurance companies, and claims arising from lottery and gambling activity. 6 One-off guarantees occur where the risk of a loan or security guaranteed cannot be calculated with any degree of accuracy. In most cases, these instruments are not recognized as financial assets or liabilities until called, and are not recorded in the 2008 SNA or GFSM In other words, interest is the amount debtors will have to pay their creditors over and above the repayment of the amounts advanced by the creditors.
3 accounts in monetary gold, deposits, debt securities, loans, insurance, pensions, and standardized guarantee schemes, and other accounts receivable) for putting these financial and other resources at the disposal of another institutional unit. For most purposes, interest is an accrual concept. However, from a cash accounting perspective, periodic debt service payments can be classified as interest payments 8 or principal payments. 1.4 The definition of debt does not differentiate between principal and interest accrued. That is, the amount outstanding debt is a total that includes funds originally advanced plus interest accrued to date minus any repayments. It is the future requirement to make payments, not the form of those payments, that determines whether a liability is a debt instrument or not. Payments could be made in the form of currency and deposits or goods and services. 1.5 The definition of debt does not necessarily imply that the timing of future payments of principal and/or interest is known. In many instances, the schedule of payments is known, such as on debt securities and loans. However, in other instances the exact schedule of payments may not be known. For example, the timing of payment might be at the demand of the creditor, such as for noninterest-bearing demand deposits; or when the debtor is in arrears, and it is not known whether or when the arrears will actually be paid. Once again, it is the requirement to make the payment that determines whether the liability constitutes debt, rather than the timing of the payments. The liabilities of pension funds and life insurance companies to their participants and policyholders are considered as debt of those institutions because at some point in time a payment is due, even though the timing of that payment may be unknown. Debt instruments 1.6 The debt instruments are those instruments that require the payment of principal and interest or both at some point(s) in the future. All liabilities are considered debt, except liabilities in the form of equity and investment fund shares and financial derivatives and employee stock options. They comprise: Special Drawing Rights (SDRs); Currency and deposits; Debt securities; Loans; Insurance, pension, and standardized guarantee schemes; and Other accounts payable. 1.7 Special Drawing Rights (SDRs) are international reserve assets created by the International Monetary Fund (IMF) and allocated to its members to supplement reserve assets. SDR holdings represent each holder s unconditional right to obtain foreign exchange or other reserve assets from other IMF members. SDRs are assets with matching liabilities but the assets represent claims on the participants collectively and not on the IMF. A participant may sell some or all of its SDR holdings to another participant and receive other reserve assets, particularly foreign exchange, in return. Participants may also use SDRs to meet liabilities. 1.8 Currency consists of notes and coins that are of fixed nominal values and are issued or authorized by the central bank or government. All sectors may hold currency as assets, but normally only central banks and government may issue currency. In some countries, commercial banks are able to issue currency under the authorization of the central bank or government. Currency constitutes a liability of the issuing units. Unissued currency held by a public sector unit is not treated as a financial asset of the public sector or a liability of the 8 For long-term debt instruments, interest paid periodically are those to be paid by the debtor to the creditor annually or more frequently; for short-term instruments (that is, with an original maturity of one year or less), interest paid periodically are those to be paid by the debtor to the creditor before the redemption date of the instrument. Interest payments are distinct from the concept of accruing interest over the life of the liability.
4 central bank. Gold and commemorative coins that are not in circulation as legal tender, or as monetary gold, are classified as nonfinancial assets rather than currency. 1.9 Deposits are all claims, represented by evidence of deposit, on the deposit-taking corporation (including the central bank) and, in some cases, general government and other institutional units. A deposit is usually a standard contract, open to the public at large, that allows the placement of a variable amount of money. Public sector units may hold a variety of deposits as assets, including deposits in foreign currencies. It is also possible for a government unit to incur liabilities in the form of deposits. For example, a court or tax authority may hold a security deposit pending resolution of a dispute. Public financial corporation (for example the central bank) typically incur liabilities in the form of deposits, including to government units. It may be useful to further classify deposits according to whether they are denominated in the domestic currency or a foreign currency. Unallocated accounts for precious metals are also deposits, except for unallocated gold accounts held by monetary authorities for reserves purposes, for which the asset holding is included in monetary gold, with the counterpart liability being recorded as a deposit Debt securities are negotiable financial instruments serving as evidence of a debt. The security normally specifies a schedule for interest payments and principal repayments. Examples of debt securities are bills, bonds and debentures, including bonds that are convertible into shares, commercial paper, negotiable certificates of deposit, loans that have become negotiable from one holder to another, nonparticipating preferred stocks or shares, asset-backed securities and collateralized debt obligations, banker s acceptances, and similar instruments normally traded in the financial markets A loan is a financial instrument that is created when a creditor lends funds directly to a debtor and receives a nonnegotiable document as evidence of the asset. 9 This category includes overdrafts, mortgage loans, loans to finance trade credit and advances, repurchase agreements, financial assets and liabilities created by financial leases, and claims on or liabilities to the IMF in the form of loans. Trade credit and advances and similar accounts payable/receivable are not loans. Loans that have become marketable in secondary markets should be reclassified under debt securities. However, if only traded occasionally, the loan is not reclassified under debt securities Insurance, pension and standardized guarantee schemes comprise nonlife insurance technical reserves, life insurance and annuities entitlements, pension entitlements, claims of pension funds on pension managers, and entitlements to non-pension benefits, and provisions for calls under standardized guarantee schemes Other accounts payable consist of trade credits and advances and miscellaneous other items due to be paid. All such liabilities should be valued at the amount the debtor is contractually obliged to pay the creditor to extinguish the obligation. Trade credit and advances include (1) trade credit extended directly to purchasers of goods and services and (2) advances for work that is in progress or to be undertaken, such as progress payments made during construction, or for prepayments of goods and services. Trade credit extended by the seller of goods and services does not include loans, debt securities, or other liabilities that are provided by third parties to finance trade. If a government unit issues a promissory note or other security to consolidate the payment due on several trade credits, then the note or security is classified as a debt security. Maturity definition 1.14 The maturity of a debt instrument follows the 2008 SNA and the Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)) and is classified as either short-term or long-term: (a) shortterm is defined as payable on demand or with a maturity of one year or less; (b) long-term is defined as having 9 A loan is distinguished from a deposit on the basis of the representation in the documents that evidence them.
5 a maturity of more than one year or with no stated maturity. The long term maturity is also classified by remaining maturity (i.e., the period from the reference date until the final contractually scheduled payment). Data on remaining maturity bases are accommodated by using the following split: (a) long-term due for payment within one year or less; and (b) long-term due for payment in more than one year. Residency definition 1.15 Debt liabilities owed by residents to residents of same economy are domestic debt, and debt liabilities owed by residents to nonresidents are external debt. The definition of residence follows the current international standards (the System of National Accounts 2008 (2008 SNA) and the Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Institutional Coverage and Sectorization of the Public Sector 1.16 The public sector is a combination of the general government sector and all public corporations The general government sector comprises all government units and all nonmarket nonprofit institutions (NPIs) that are controlled by government units: Government units are institutional units with legislative, judicial, or executive authority over other institutional units within a given area; they assume responsibility for the provision of goods and services to the community or to individual households on a nonmarket basis; they make transfer payments to redistribute income and wealth; and they finance their activities mainly by means of taxes and other income from units in other sectors of the economy. Nonmarket NPIs that are controlled by government units are legal or social entities created for the purpose of producing goods and services on a nonmarket basis, but whose status does not permit them to be a source of income, profit, or other financial gain for government. Even though NPIs may have a legal status of nongovernment entities, they are considered to carry out government policies and, thus, effectively are part of government. The general government sector includes central, state and local government as well as social security funds The central government subsector consists of the institutional unit(s) of the central government plus those nonmarket NPIs that are controlled by the central government. The political authority of central government extends over the entire territory of the country. In most countries, the central government subsector is a large and complex subsector. It is generally composed of a central group of departments or ministries that constitute a single institutional unit (referred to as the budgetary central government) plus, in many countries, other units operating under the authority of the central government with a separate legal identity and sufficient autonomy to form additional government units. These other units form the extra budgetary central government: they comprise all nonmarket NPIs and other extra budgetary entities controlled by central government but not fully financed by the main budget account. In principle, social security entities controlled by central government are not to be included in the central government subsector. However, if social security entities are included in central government, please specify this in a footnote attached to the data Central government entities that are financed fully by the budget constitute the budgetary central government. Typically these entities include courts of law, ministries, departments, and the parliament The public nonfinancial corporation subsector consists of all resident nonfinancial corporations controlled by government units or other public corporations. Nonfinancial corporations are corporations whose principal activity is the production of market goods or nonfinancial services. Typical examples of public nonfinancial corporations are national airlines, national electricity companies, and national railways. This category also includes public nonprofit institutions engaged in market production (such as hospitals, schools, or
6 colleges that charge economically significant prices). However, this category excludes entities that receive financial aid from government but are not controlled by government All resident financial corporations controlled by government units or other public corporations are part of the public financial corporation subsector. Financial corporations comprise all resident corporations whose principal activity is the provision of financial services including financial intermediation, insurance and pension fund services, and units that provide activities that facilitate financial intermediation to other institutional units. In addition, this category includes public nonprofit institutions engaged in market production of a financial nature such as those financed by subscriptions from financial enterprises whose role is to promote and serve the interests of those enterprises The public financial corporation subsector includes public deposit-taking corporations and public financial corporations except deposit-taking corporations. Public deposit-taking corporations are financial corporations, quasi-corporations, or market NPIs whose principal activity is financial intermediation and who have liabilities in the form of deposits or financial instruments that are close substitutes for deposits. Two types of public deposit-taking corporations can be distinguished: the central bank and other public deposit-taking corporations except the central bank.
APPENDIX 3 Glossary Accrual basis of recording Ancillary activity Arrears Asset-backed securities Average interest rate Average time to maturity Average time to refixing Balance sheet Banker s acceptance
CHAPTER 5. STOCKS, FLOWS, AND ACCOUNTING RULES Contents Page I. Introduction...2 II. Stocks Positions and Flows...2 A. Adding-up Identities...3 B. Flows...4 III. Accounting Rules...27 A. Time of Recording...27
QUARTERLY FINANCIAL ACCOUNTS NORGES BANK I. INTRODUCTION Statistics Norway published the first set of annual financial balance sheets in 1957. The accounts recorded the stocks of financial assets and liabilities
Summary Methodology Central Bank Survey, Credit Institutions Survey, Banking System Survey, Other Financial Institutions Survey, Financial Sector Survey Central Bank Survey, Credit Institutions Survey,
Outstanding Loans Received From Abroad by Private Sector Definitions and Explanations Statistics Department Balance of Payments Division Contents I- Definitions... 3 II- Compilation Of The External Debt
4 Presentation of the Gross External Debt Position Introduction 4. This chapter provides a table for the presentation of the gross external debt position and related memorandum tables. Data compiled using
3. Classification of Financial Instruments C lassification of financial instruments and identification of their nature is one of the most important phases for compilation and presentation of monetary statistics.
INTERNATIONAL INVESTMENT POSITION A Guide to Data Sources INTERNATIONAL MONETARY FUND Citation International Monetary Fund. Statistics Department. International Investment Position: A Guide to Data Sources.
v1.7 Templates for External Debt Data (Important note: In order to protect the integrity of the tables, please do not insert or delete columns or rows) SDDS Tables: Prescribed and Encouraged Items Table
Glossary U.S. International Economic Accounts Glossary of s Accrual accounting Activities of multinational enterprises (AMNE) Affiliate Affiliated trade Asset/liability principle Associate Balance of payments
TERHAD Training to Labuan Offshore Entities on Compilation of International Investment (IIP) Report September 2012 TERHAD 1. Equity Capital: A/L Definition Form DIa Exposures with Affiliated Enterprises
Chapter 7. Financial Account A. Concept and Coverage 7.1 The financial account will be defined, and its structure and purpose outlined along the lines of BPM5 paras. 313 342, BPT paras. 446 447, and the
CNB BULLETIN NOTES ON METHODOLOGY 1 Classification and Presentation of Data on Claims and Liabilities The Croatian National Bank has begun to implement the ESA 2010 standard in its statistics, which also
Guidelines For Compiling Sectoral Accounts Venkat Josyula Developing and Improving Sectoral Financial Accounts Algiers, January 20-21, 2016 The views expressed herein are those of the author and should
C. Reporting requirements for the consolidated banking statistics C.1. General The consolidated banking statistics (CBS) capture the consolidated positions of banks worldwide offices, including the positions
Fourth meeting of the Advisory Expert Group on National Accounts 30 January 8 February 2006, Frankfurt SNA/M1.06/29.1 Issue 42 Retained earnings of mutual funds, insurance companies and pension funds RETAINED
5. Principles of Compilation of Monetary Statistics for Armenia T he framework for the monetary statistics involves analytical presentation of balance sheets of financial sector s depository and nondepository
METHODOLOGICAL NOTE GENERAL GOVERNMENT DEBT COMPILED ACCORDING TO THE METHODOLOGY OF THE EXCESSIVE DEFICIT PROCEDURE (EDP) Introduction The functions attributed to the Banco de España by Spanish legislation
Money and Banking Statistics Explanatory Notes (Updated January 2016) General The Money and Banking Statistics (Tables A.1 A.13) contain data on the liabilities and assets of within-the-state offices of
December 2014 PRINCIPLES FOR PRODUCING AND SUBMITTING REPORTS (1) The balance sheet and income statement are in euros, rounded up to integers. Amounts recorded in foreign currencies must be converted into
Guide to Japan s Flow of Funds Accounts Research and Statistics Department Bank of Japan Introduction The Bank of Japan has been compiling the Flow of Funds Accounts Statistics (the FFA) since 1958, covering
2. Sectors of Economy I nstitutional (economic) units, industries and sectors are the main components of economy. The economy is divided into domestic economy and the rest of the world. The domestic economy
OECD Framework for Statistics on the Distribution of Household Income, Consumption and Wealth OECD 2013 Comparison of micro and macro frameworks The main framework developed for analysis of income at the
GFSY 2014 data request letter Table 1. of Revenue 1 Revenue 11 Taxes GUIDELINES FOR RESPONDING TO THE GFSM 2014 ANNUAL GFS QUESTIONNAIRE Overview of Changes in the GFSM 2014 classification system 111 Taxes
Data on the balance sheet positions of households and financial and non-financial corporations in Slovenia Nina Bostner 1. Introduction Financial accounts statistics represent an important analytic tool
APPENDIX 2 Debt Reorganization and Related Transactions A. Debt Reorganization Reference: IMF and others, External Debt Statistics: Guide for Compilers and Users, Chapter 8, Debt Reorganization. A2.1 This
Methodological Information on Foreign Exchange Assets and Liabilities of Non-Financial Companies Statistics Department Monetary and Financial Statistics Division Contents I- Purpose... 3 II- Definitions...
APPROVED by Resolution No. 11 of 27 October 2004 of the Standards Board of the Public Establishment the Institute of Accounting of the Republic of Lithuania 18 BUSINESS ACCOUNTING STANDARD FINANCIAL ASSETS
Secondary Income and the Capital Account (L12) Course on External Sector Statistics Nay Pyi Taw, Myanmar January 19-23, 2015 Reproductions of this material, or any parts of it, should refer to the as the
International Investment Position Methodology I. Analytical Framework, Concepts, Definitions, and Classifications The International Investment Position (IIP) is a statistical statement that presents external
34 3 SELECTED FINANCIAL ASSETS AND LIABILITIES OF THE NSW PUBLIC SECTOR 3.1 INTRODUCTION In May 1991, Premiers' Conference endorsed the recommendations contained in the Report on Uniform Presentation of
BOPCOM98/1/20 Eleventh Meeting of the IMF Committee on Balance of Payments Statistics Washington, D.C., October 21 23, 1998 Financial Derivatives Prepared by the Statistics Department International Monetary
Financial accounts: Financial transactions 1. Concepts, definitions and classifications STATISTICAL CONCEPT The financial account is one of the accumulation accounts in the sequence of national accounts
Introducing expanded external lending and debt statistics Crown copyright This work is licensed under the Creative Commons Attribution 3.0 New Zealand licence. You are free to copy, distribute, and adapt
Centrale Bank van Curaçao en Sint Maarten Manual International Investment Position Survey Prepared by: Project group IIP December 1, 2014 Contents Introduction 3 General reporting and instruction notes
Chapter 4. Classification of Financial Assets and Liabilities Contents Page I. Introduction... 2 II. Definition of Financial Assets and liabilities... 2 III. Classification of Financial Assets and Liabilities...
Chapter 8 Accounting Principles 8.1. The previous chapters in Part II described the concepts of economic territory and residence and institutional units and sectors. This chapter discusses the accounting
2 Appendix 2 APPENDIX Transactions and Positions, and Pension Schemes Transactions and Positions Introduction A2.1 Over the lifetime of insurance contracts, insurance companies produce services to their
General Government debt: a quick way to improve comparability DEMBIERMONT Christian* BIS Bank for International Settlements, Basel, Switzerland Christian.Dembiermont@bis.org In simple words the General
UPDATE OF THE 1993 SNA - ISSUE No. 44a ISSUES PAPER FOR THE JULY 2005 AEG MEETING SNA/M1.05/10.2 THE DISTINCTION BETWEEN DEPOSITS AND LOANS IN MACRO-ECONOMIC STATISTICS Prepared by Pierre Sola and Carlos
- 168 - Chapter Seven Specification of Financial Soundness Indicators for Other Sectors Introduction 7.1 Drawing on the definitions and concepts set out in Part I of the Guide, this chapter explains how
ASPE AT A GLANCE Section 3856 Financial Instruments December 2014 Section 3856 Financial Instruments Effective Date Fiscal years beginning on or after January 1, 2011 1 SCOPE Applies to all financial instruments
CANADA Time Series Data on International Reserves/Foreign Currency Liquidity 1 2 3 (Information to be disclosed by the monetary authorities and other central government, excluding social security) In Millions
, has decided on eight important accounting issues setting the guidelines to ensure a better comparability for the deficit and debt procedure in Member States. Following specific requests from some Member
Flow of Funds Data Dictionary October 2003 This version of documentation is preliminary and does not necessarily represent the current Global Insight (formerly DRI WEFA) database. The availability of specific
CHAPTER 3 Identification of Debt Instruments and Institutional Sectors This chapter describes debt instruments and the classifi cation of debt according to the institutional sector of the creditors. The
1(14) Guide to Balance Statistics towards foreign countries: specification for Balance Statistics Deposits (from row 101)... 2 Rest of the world... 2 Allocation among countries... 2 Thousands of SEK...
SLOVENIA International Reserves/Foreign Currency Liquidity 1 2 3 (Information to be disclosed by the monetary authorities and other central government, excluding social security) Current Data: In Millions
International Monetary Fund Statistics Department Government Finance Statistics: Compilation Guide for Developing Economies Carlos A. Gutiérrez Mangas Economist IMF Statistics Department Presentation for
GREECE Time Series Data on International Reserves/Foreign Currency Liquidity 1 2 3 (Information to be disclosed by the monetary authorities and other central government, excluding social security) In Millions
Contents Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows Paragraphs OBJECTIVE SCOPE 1 3 BENEFITS OF CASH FLOW INFORMATION 4 5 DEFINITIONS 6 9 Cash and cash equivalents 7 9 PRESENTATION OF
An introduction to the United Kingdom balance of payments Introduction The balance of payments is one of the UK s key economic statistical series. It measures the economic transactions between UK residents
Chapter 11 International Investment Position Accounts 11.1. This chapter presents the methodology for statistics published in the International Investment Position (IIP) Accounts. It includes major sections
REAL ESTATE BASICS Affordability Analysis An analysis of a buyer s ability to afford the purchase of a home, reviews income, liabilities, and available funds, and considers the type of mortgage a buyer
BOPCOM 12/10 Twenty-Fifth Meeting of the IMF Committee on Balance of Payments Statistics Washington, D.C. January 14 16, 2013 (Rescheduled from October 29 31, 2012) Insurance/Reinsurance Services and Financial
EDP Consolidated Inventory of sources and methods Finland September 2007 1 1. Delimitation of General Government For all general government sub-sectors, the final delimitation is done by national accounts
GOVERNMENT FINANCE STATISTICS GUIDE August 2014 European Central Bank, 2014 Address Kaiserstrasse 29, 60311 Frankfurt am Main, Germany Postal address Postfach 16 03 19, 60066 Frankfurt am Main, Germany
[ 04 ] The SNA as a System Paul McCarthy National Accounts Workshop Washington - DC, October 25-26, 2010 System of National Accounts GDP is the bottom line but it is simply a summary measure The System
The source of the data presented in this chapter is the Czech National Bank. All tables where the titles of reports are given are exhaustive investigations. Otherwise, qualified estimates and calculations
17.12.2001 L 333/1 I (Acts whose publication is obligatory) REGULATION (EC) No 2423/2001 OF THE EUROPEAN CTRAL BANK of 22 November 2001 concerning the consolidated balance sheet of the monetary financial
the following webpages: http://www.cbr.ru/eng/today/status_functions/ in English; and http://www.cbr.ru/analytics/bank_system/print.asp?file=/today/status_functions/law.htm (in Russian). The Federal Law
EC staff consolidated version as of 18 February 2011 FOR INFORMATION PURPOSES ONLY International Accounting Standard 39 Financial Instruments: Recognition and Measurement Objective 1 The objective of this
CHAPTER 5 Presentation of Public Sector Debt Statistics This chapter describes two summary tables, five detail ed tables, and six memorandum tables recommended for the presentation of a comprehensive set
Monetary Authority of Singapore SECURITIES AND FUTURES ACT (CAP. 289) NOTICE ON RISK BASED CAPITAL ADEQUACY REQUIREMENTS FOR HOLDERS OF CAPITAL MARKETS SERVICES LICENCES Monetary Authority of Singapore
LOG FILES for ECB add-ons SE.01.01 - Content of the submission (Variant of Solvency II template S.01.01. with ECB add-ons) ITEM INSTRUCTIONS ER0030 SE.02.01 - Balance sheet One of the options in the following
Chapter 5. Classifications: Financial Instruments, Functional Categories, Maturity, Currency, and Type of Interest Rate 5.1 An introduction to this chapter will note that classifications such as financial
IMF Committee on Balance of Payments Statistics Balance of Payments Technical Expert Group (BOPTEG) BACKGROUND PAPER BOPTEG ISSUES # 12 and 13 BORDERLINE BETWEEN LOANS AND DEBT SECURITIES Prepared by Pierre
(A free translation of the original in Portuguese) Caixa Econômica Federal CAIXA Financial Statements and Report of Independent Auditors (A free translation of the original in Portuguese) Report of Independent
THE CENTRAL BANK OF THE RUSSIAN FEDERATION BANK OF RUSSIA STATISTICAL BULLETIN () The founder Central Bank the Russian Federation, Moscow, Neglinnaya str., The Central Bank the Russian Federation Internet
Introduction to the Conceptual Framework Workshop on the new Balance of Payments and International Investment Position Statistics Manual BPM6 Beirut February 14-16, 2012 Scope of International Accounts
108 Transactions Reported by U.S. Banks and Securities Brokers In this section: Coverage and definitions Estimation methods overview U.S. claims reported by U.S. banks and securities brokers Own accounts
GOVERNMENT FINANCE STATISTICS MANUAL 2001 COMPANION MATERIAL CONSOLIDATION OF THE GENERAL GOVERNMENT SECTOR KEVIN W. O CONNOR (IMF EXPERT) ETHAN WEISMAN AND TOBIAS WICKENS NOVEMBER 2004 Table of Contents
1 CONSOLIDATED FINANCIAL STATEMENTS (1) Consolidated Balance Sheets As of March 31,2014 As of March 31,2015 Assets Cash and due from banks 478,425 339,266 Call loans and bills bought 23,088 58,740 Monetary
Registered number 05055354 Abbreviated Accounts 31 March 2014 Registered number: 05055354 Abbreviated Balance Sheet as at 31 March 2014 Notes 2014 2013 Fixed assets Tangible assets 2 42,974 28,921 Current
Chapter 10. Primary Distribution of Income Account A. Concept and Coverage 10.1 The purpose of the primary distribution of income account will be stated along the lines of the introduction to Chapter VII
CONSOLIDATED BALANCE SHEETS March 31, 2005 and 2006 2005 2006 ASSETS Investments - other than investments in affiliates: Securities available for sale: Fixed maturities, at fair value 3,043,851 3,193,503