Sector accounts; financial balance sheets and transactions 1990 - q4 2013
Explanation of symbols
Table explanation
This table presents financial transactions, other changes in assets and financial balance sheets of the (sub)sectors of the national economy. The data provide a detailed overview of the changes to the financial relations between sectors and with the rest of the world. The financial flows are a logical extension of the current and capital accounts within sector accounts.
The financial balance sheets present outstanding assets and liabilities at the beginning and at the end of a period. Both financial transactions and other changes reflect the changes in value of these assets and liabilities during a particular period. These changes could be the result of agreements between parties (transactions) or the result of other causes such as revaluations (other changes). Balance sheets, financial transactions and other changes are related: Closing balance sheets last period (=opening balance sheets current period) plus financial transactions current period plus other changes current period = closing balance sheets of current period.
Data of the financial balance sheets, financial transactions and other changes are available for the main sectors of the economy: non-financial corporations, financial corporations, general government, households including non-profit institutions serving households (NPISH) and the rest of the world. The sectors financial corporations and general government are broken down into subsectors. Assets and liabilities are broken down into a variety of financial instruments.
Data available from:
Years from 1969 to 2013
Quarters from first quarter 2005 to fourth quarter 2013.
Status of the figures:
The figures concerning 2011, 2012, 2013 and 2014 are (revised) provisional. Because this table is discontinued, figures will not be updated anymore.
Changes as of June 25th 2014:
None, this table is discontinued.
When will new figures be published?
Not applicable anymore.
This table is replaced by table Sector accounts; financial balance sheets and transactions. See paragraph 3.
Description topics
- Currency and deposits
- Currency and deposits consists of currency, transferable deposits, saving deposits and other deposits.
- Savings deposits and other deposits
- Savings deposits and other deposits are all the savings of individuals and deposits (in euros and foreign currency) at any resident and non-resident bank, which are not immediately transferable without restrictions. As a liability this transaction only exists for monetary financial institutions and the rest of the world.
- Total
- Savings deposits and other deposits are all the savings of individuals and deposits (in euros and foreign currency) at any resident and non-resident bank, which are not immediately transferable without restrictions. As a liability this transaction only exists for monetary financial institutions and the rest of the world.
- Savings deposits in euros
- These savings deposits include all deposits in euros of both residents and non-residents in the form of normal saving accounts, fixed saving accounts, premium saving accounts and fixed-term saving accounts.
- Other deposits
- Other deposits include all deposits in euros and foreign currency at any resident and non-resident bank (except for saving deposits in euros), which are not immediately transferable without restrictions. As a liability this transaction only exists for monetary financial institutions and the rest of the world.
- Securities other than shares
- Securities other than shares consists of all securities that are bearer instruments, are usually negotiable and traded on secondary markets or can be offset on the market, and do not grant the holder any ownership rights in the institutional units issuing them.
- Total
- Securities other than shares consists of all securities that are bearer instruments, are usually negotiable and traded on secondary markets or can be offset on the market, and do not grant the holder any ownership rights in the institutional units issuing them.
- Bills and short-term bonds
- Bills and short-term bonds are all securities with a maximum term of one year, which in principle are transferable against a price that has been fixed in advance. Usually, the obliged interest payments of the debtor have been discounted in the value. 'Transferable' means that assets can be converted into cash from, or on a date that has been appointed at the moment the bond was issued.
This transaction covers treasury paper issued by both the Dutch government and foreign governments, saving certificates to bearer and transferable certificates of deposits, issued by banks.
- Long-term bonds
- Long-term bonds are all transferable securities, which generally do not mature within one year. They are usually quoted at the stock exchange. The interest on long-term bonds is made payable through coupons. Mortgage bonds, notes issued by banks and convertible bonds as long as they have not been converted into shares, also belong to this type of assets.
- Financial derivatives
- Financial derivatives are financial securities based on or derived from other underlying valuables (share price indices, interest rates, foreign currencies etc.) used to avoid risk or to speculate. Most commonly financial derivatives are agreements made about expected future buy and sell prices of the underlying asset or agreements to swap cash flows against each other.
Only the derivative instruments that have a market value (because they are marketable or can be offset on the market), will be considered as liability in the national accounts.
The financial derivatives include options, warrants, futures, swaps and forward rate agreements. The derivatives do not include the underlying value, the margin deposit and the derivative instruments that are not marketable.
The financial derivatives are recorded net on the assets side of the balance sheets, financial transactions and other changes, meaning that no liabilities are presented but only net assets. The outstanding positions can therefore have a negative value.
- Shares and other equities
- Shares and other equities are all claims, which are fully or partly entitled to a share in profits or in the own funds in case of liquidation. Included is the value of capital formation by the government in public enterprises (quasi-corporations) that belong to the government.
Shares and other equities include:
- Quoted shares
- Unquoted shares and other equities
- Mutual funds shares- Total
- Shares and other equities are all claims, which are fully or partly entitled to a share in profits or in the own funds in case of liquidation. Included is the value of capital formation by the government in public enterprises (quasi-corporations) that belong to the government.
Shares and other equities include:
- Quoted shares
- Unquoted shares and other equities
- Mutual funds shares
- Quoted shares are claims entitling the owner fully or partly to a share in profits or in the own funds in case of liquidation. The prices of these claims are listed on a authorized stock exchange or a secondary market.
- Unquoted shares are claims entitling the owner fully or partly to a share in profits or in the own funds in case of liquidation. The prices of these claims are not listed on a stock exchange.
- Mutual funds shares are shares issued by a specific type of financial corporation, whose exclusive purpose is to invest the funds collected on the money market, the capital market and/or in real estate on behalf of investors.
- Insurance technical reserves
- Insurance technical reserves consist of all technical provisions of insurance corporations and (autonomous and non-autonomous) pension funds to fulfill their obligations to policy holders or beneficiaries.
- Other insurance technical reserves
- Other insurance technical reserves are financial assets of the beneficiaries that may belong to any sector. They consist of:
- prepayments of insurance premiums i.e. premiums payable in the current accounting period intended to cover risks outstanding during the following period.
- reserves for outstanding claims held by insurance corporations in order to cover the amounts they expect to pay out in respect of claims that are not yet settled.
- Other accounts receivable and payable
- Other accounts receivable and payable (net).
The transactions in the sector accounts are mainly recorded at a moment that does not coincide with the moment the transaction is completed. These time differences cause changes in assets and liabilities, which are recorded in the transaction ‘other accounts receivable and payable’.
For example, sales are recorded at the moment of delivery. At that moment, a claim of the supplier on the buyer (supplier's credit) arises, which is nullified when the buyer pays. Other examples are payments in advance on deliveries (buyer’s credit) and due payments or receipts of wages and salaries, interests, contributions etc.