Regional household accounts 1995 - 2001

Table explanation

Description topics

Transactions in mln euro

Primary distribution of income account

The allocation of primary income account describes the distribution of
value added over all participants (i.e. the suppliers of the production
factors labour and capital) in the production process. It is shown how
wages and salaries of employees end up at those households to which they
belong. This provides a statistical description on how the labour market
(where individual employees are active) is related to different households
groups. This information opens the door to further research on the
dependence of the different household groups on demand and compensation of
the different kinds of labour.

Resources

Mixed income (net)

Net mixed income is the operating surplus (excluding consumption of fixed
capital) that remains after deducting from the value added at basic prices
the compensation of employees and the balance of other taxes and subsidies
on production. The operating surplus of family enterprises is called mixed
income, because it also contains compensation for work by the owners and
their family members. Operating surplus also consists, in the case of
households, of the operating surplus from housing services produced for
own consumption by owner-occupiers.

Compensation of employees

Total compensation of employees

Compensation of employees is the total remuneration paid by employers
to their employees in return for work done. Employees are all residents
and non-residents working in a paid job. Managing directors of limited
companies are considered to be employees; therefore their salaries are
also included in the compensation of employees. The same holds for
people working in sheltered workshops.

Wages and salaries

Wages and salaries include income taxes and employees' social
contributions even if they are actually withheld by the employer and paid
directly to tax authorities, social security schemes and pension schemes.
Wages include payments that are periodically and directly paid to
employees. Besides they contain extras (such as bonuses, overtime pay,
tips, commission), wages in kind (such as free housing, free food,
'company car', day nursery, lower interest rates on mortgages,
free travel (or at reduced prices) and holiday allowances. Furthermore,
certain refunds for costs made by the employee, such as travel expenses
to and from work, are included as well.

Employers' social contributions

Employers' social contributions consist of payments to insurers made by
employers for the benefit of their employees. They can be classified in
employers' social security contributions, employers' private social
contributions (o.w. pension schemes) and the imputed social contributions.
In most cases the employers directly pay the employers' social
contributions to the insurers. However, to show that these contributions
are paid for the benefit of employees, these payments are recorded as two
transactions: a) employers pay employers' social contributions to their
employees, and b) employees pay the same contributions to social
insurance funds.

Total property income

Uses

Total property income

Primary income (net)

This is the balancing item of the allocation of the primary income account

Secondary distribution of income account

The distribution of secondary income account shows the redistribution of
income. The consequence of government policy on disposable income of
household groups is shown here. The balancing item is disposable income by
household group.

Resources

Primary income (net)

This is the balancing item of the allocation of the primary income account

Imputed social contributions

Imputed social contributions (self-employed).
Imputed social contributions represent the counterpart to the 'unfunded
employee social benefits' (less any employees' social contributions)
paid directly by employers (self-employed) to their (former) employees.

Social benefits (in cash)

Total social benefits

Social benefits are transfers to households, intended to relieve them
from the financial burden of a number of risks or needs, such as
sickness, invalidity, disability, old age, survivors and unemployment.
Social benefits are classified in social security benefits, social
assistance benefits, private social benefits (o.w. pension benefits)
and unfunded employee social benefits.