Financial balance sheets and transactions by sectors; National Accounts

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Financial balance sheets and transactions by sectors; National Accounts
Institutional sectors Not Consolidated or Consolidated Balance sheets and transactions Periods Assets Total (million euros) Assets Monetary gold and special drawing rights Total (million euros) Assets Monetary gold and special drawing rights Monetary gold (million euros) Assets Monetary gold and special drawing rights Special drawing rights (SDRs) (million euros) Assets Currency and deposits Total (million euros) Assets Currency and deposits Currency (million euros) Assets Currency and deposits Transferable deposits (million euros) Assets Currency and deposits Savings deposits and other deposits Total (million euros) Assets Currency and deposits Savings deposits and other deposits Savings deposits (million euros) Assets Currency and deposits Savings deposits and other deposits Other deposits (million euros) Assets Debt securities Total (million euros) Assets Debt securities Short-term securities (million euros) Assets Debt securities Long-term securities (million euros) Assets Loans Total (million euros) Assets Loans Short-term loans (million euros) Assets Loans Long-term loans (million euros) Assets Equity and investment fund shares Total (million euros) Assets Equity and investment fund shares Equity Total (million euros) Assets Equity and investment fund shares Equity Listed shares (million euros) Assets Equity and investment fund shares Equity Unlisted shares (million euros) Assets Equity and investment fund shares Equity Other equity (million euros) Assets Equity and investment fund shares Investment fund shares or units Total (million euros) Assets Equity and investment fund shares Investment fund shares or units Money market fund (MMF) shares or units (million euros) Assets Equity and investment fund shares Investment fund shares or units Non-MMF investment fund shares/units (million euros) Assets Insurance and pension schemes Total (million euros) Assets Insurance and pension schemes Non-life insurance technical reserves (million euros) Assets Insurance and pension schemes Life insurance and annuity entitlements (million euros) Assets Insurance and pension schemes Pension entitlements and claims Total (million euros) Assets Insurance and pension schemes Pension entitlements and claims Pension entitlements (mln euro) Assets Insurance and pension schemes Pension entitlements and claims Other claims Total (mln euro) Assets Insurance and pension schemes Pension entitlements and claims Other claims Claims on pension managers (mln euro) Assets Insurance and pension schemes Pension entitlements and claims Other claims Rights on non-pension entitlements (mln euro) Assets Insurance and pension schemes Provisions for calls under guarantees (million euros) Assets Fin. derivatives, employee stock options Total (million euros) Assets Fin. derivatives, employee stock options Financial derivatives Total (million euros) Assets Fin. derivatives, employee stock options Financial derivatives Options (million euros) Assets Fin. derivatives, employee stock options Financial derivatives Forwards (million euros) Assets Fin. derivatives, employee stock options Employee stock options (million euros) Assets Other accounts receivable/payable Total (million euros) Assets Other accounts receivable/payable Trade credits and advances (million euros) Assets Other accounts receivable/payable Other receivable/payable (million euros) Liabilities Totaal (million euros) Liabilities Monetary gold and special drawing rights Total (million euros) Liabilities Monetary gold and special drawing rights Monetary gold (million euros) Liabilities Monetary gold and special drawing rights Special drawing rights (SDRs) (million euros) Liabilities Currency and deposits Total (million euros) Liabilities Currency and deposits Currency (million euros) Liabilities Currency and deposits Transferable deposits (million euros) Liabilities Currency and deposits Savings deposits and other deposits Total (million euros) Liabilities Currency and deposits Savings deposits and other deposits Savings deposits (million euros) Liabilities Currency and deposits Savings deposits and other deposits Other deposits (million euros) Liabilities Debt securities Total (million euros) Liabilities Debt securities Short-term securities (million euros) Liabilities Debt securities Long-term securities (million euros) Liabilities Loans Total (million euros) Liabilities Loans Short-term loans (million euros) Liabilities Loans Long-term loans (million euros) Liabilities Equity and investment fund shares Total (million euros) Liabilities Equity and investment fund shares Equity Total (million euros) Liabilities Equity and investment fund shares Equity Listed shares (million euros) Liabilities Equity and investment fund shares Equity Unlisted shares (million euros) Liabilities Equity and investment fund shares Equity Other equity (million euros) Liabilities Equity and investment fund shares Investment fund shares or units Total (million euros) Liabilities Equity and investment fund shares Investment fund shares or units Money market fund (MMF) shares or units (million euros) Liabilities Equity and investment fund shares Investment fund shares or units Non-MMF investment fund shares/units (million euros) Liabilities Insurance, pension and guarantee schemes Total (million euros) Liabilities Insurance, pension and guarantee schemes Non-life insurance technical reserves (million euros) Liabilities Insurance, pension and guarantee schemes Life insurance and annuity entitlements (million euros) Liabilities Insurance, pension and guarantee schemes Pension entitlements and claims Total (million euros) Liabilities Insurance, pension and guarantee schemes Pension entitlements and claims Pension entitlements (mln euro) Liabilities Insurance, pension and guarantee schemes Pension entitlements and claims Other claims Total (mln euro) Liabilities Insurance, pension and guarantee schemes Pension entitlements and claims Other claims Claims on pension managers (mln euro) Liabilities Insurance, pension and guarantee schemes Pension entitlements and claims Other claims Rights on non-pension entitlements (mln euro) Liabilities Insurance, pension and guarantee schemes Provisions for calls under guarantees (million euros) Liabilities Fin. derivatives, employee stock options Total (million euros) Liabilities Fin. derivatives, employee stock options Financial derivatives Total (million euros) Liabilities Fin. derivatives, employee stock options Financial derivatives Options (million euros) Liabilities Fin. derivatives, employee stock options Financial derivatives Forwards (million euros) Liabilities Fin. derivatives, employee stock options Employee stock (million euros) Liabilities Other accounts receivable/payable Total (million euros) Liabilities Other accounts receivable/payable Trade credits and advances (million euros) Liabilities Other accounts receivable/payable Other receivable/payable (million euros) Net worth (million euros)
Total domestic sectors Not consolidated Opening balance sheet 2024 1st quarter* 19,170,074 54,213 36,931 17,282 2,181,008 25,185 819,786 1,336,037 468,070 867,967 1,310,223 70,470 1,239,753 5,081,993 1,570,462 3,511,531 7,513,879 6,312,396 871,648 5,301,810 138,938 1,201,483 98,148 1,103,335 1,778,474 42,256 102,187 1,633,895 1,620,595 13,300.0 13,300 0 136 621,795 621,208 155,851 465,357 587 628,489 237,028 391,461 18,605,237 16,117 16,117 2,106,607 84,373 1,004,433 1,017,801 453,377 564,424 1,945,200 129,720 1,815,480 4,204,977 1,258,844 2,946,133 7,295,576 6,482,934 1,347,555 4,938,426 196,953 812,642 1,042 811,600 1,772,664 42,301 100,785 1,629,442 1,616,142 13,300 13,300 0 136 666,030 665,443 147,066 518,377 587 598,066 211,191 386,875 564,837
Total domestic sectors Not consolidated Opening balance sheet 2024 2nd quarter* 19,558,610 57,569 40,449 17,120 2,252,817 25,754 841,846 1,385,217 477,739 907,478 1,324,946 70,840 1,254,106 5,099,227 1,587,575 3,511,652 7,728,648 6,517,658 945,023 5,433,982 138,653 1,210,990 72,463 1,138,527 1,790,278 44,343 102,629 1,643,165 1,629,734 13,431.0 13,431 0 141 634,707 634,082 199,728 434,354 625 670,418 239,581 430,837 19,066,046 16,250 16,250 2,173,965 84,810 1,030,210 1,058,945 461,596 597,349 1,984,606 161,257 1,823,349 4,182,690 1,233,357 2,949,333 7,591,156 6,747,878 1,544,239 4,999,826 203,813 843,278 1,093 842,185 1,784,212 44,150 101,211 1,638,710 1,625,279 13,431 13,431 0 141 687,767 687,142 191,647 495,495 625 645,400 214,534 430,866 492,564
Total domestic sectors Not consolidated Financial transactions 2024 1st quarter* 278,602 -304 0 -304 68,718 569 21,179 46,970 9,648 37,322 25,682 -36 25,718 10,597 13,335 -2,738 28,182 54,220 6,207 47,142 871 -26,038 -27,245 1,207 8,910 2,078 -730 7,557 7,515 42.0 42 0 5 95,364 95,327 95,715 -388 37 41,453 2,567 38,886 245,611 0 0 61,822 437 22,293 39,092 8,198 30,894 35,390 28,414 6,976 -25,384 -25,904 520 21,400 22,238 -2,654 19,029 5,863 -838 47 -885 8,716 1,936 -730 7,505 7,463 42 42 0 5 96,549 96,512 96,512 37 47,118 3,490 43,628 32,991
Total domestic sectors Not consolidated Financial transactions 2024 2nd quarter* 31,559 -32 0 -32 -14,923 1,179 19,540 -35,642 15,036 -50,678 17,741 4,166 13,575 -13,261 -25,465 12,204 -58,821 -35,558 -5,403 -27,462 -2,693 -23,263 -8,790 -14,473 6,056 -1,901 -1,196 9,148 9,106 42.0 42 0 5 99,094 99,075 86,078 12,997 19 -4,295 709 -5,004 13,339 0 0 -20,498 531 -23,559 2,530 13,795 -11,265 -23,483 -28,086 4,603 -14,163 -24,189 10,026 -5,646 5,607 -10,344 13,722 2,229 -11,253 418 -11,671 6,000 -1,905 -1,196 9,096 9,054 42 42 0 5 85,701 85,682 85,682 19 -14,572 4,278 -18,850 18,220
Total domestic sectors Not consolidated Other changes 2024 1st quarter* 109,934 3,660 3,518 142 3,091 0 881 2,210 21 2,189 -10,959 406 -11,365 6,637 3,778 2,859 186,587 151,042 67,168 85,030 -1,156 35,545 1,560 33,985 2,894 9 1,172 1,713 1,624 89.0 89 0 0 -82,452 -82,453 -51,838 -30,615 1 476 -14 490 215,198 133 133 5,536 0 3,484 2,052 21 2,031 4,016 3,123 893 3,097 417 2,680 274,180 242,706 199,338 42,371 997 31,474 4 31,470 2,832 -87 1,156 1,763 1,674 89 89 0 0 -74,812 -74,813 -51,931 -22,882 1 216 -147 363 -105,264
Total domestic sectors Not consolidated Other changes 2024 2nd quarter* -147,085 2,668 2,627 41 1,537 0 544 993 7 986 -14,916 516 -15,432 5,880 10,874 -4,994 -2,482 -13,717 21,408 -42,179 7,054 11,235 614 10,621 -52,951 -162 -299 -52,490 -52,531 41.0 41 0 0 -86,916 -86,916 -98,671 11,755 0 95 7 88 -105,707 38 38 2,753 0 1,616 1,137 7 1,130 -9,538 4,666 -14,204 744 745 -1 16,127 7,073 -32,541 37,100 2,514 9,054 13 9,041 -52,767 -264 -295 -52,208 -52,249 41 41 0 0 -63,180 -63,180 -98,544 35,364 0 116 -71 187 -41,378
Total domestic sectors Not consolidated Price changes and revaluations 2024 1st quarter* 109,667 3,660 3,518 142 3,091 0 881 2,210 21 2,189 -11,031 360 -11,391 6,691 3,810 2,881 186,338 151,025 67,151 85,030 -1,156 35,313 1,557 33,756 2,894 9 1,172 1,713 1,624 89.0 89 0 0 -82,452 -82,453 -51,838 -30,615 1 476 -14 490 215,226 133 133 5,536 0 3,484 2,052 21 2,031 4,016 3,123 893 3,135 449 2,686 274,170 242,696 199,328 42,371 997 31,474 4 31,470 2,832 -87 1,156 1,763 1,674 89 89 0 0 -74,812 -74,813 -51,931 -22,882 1 216 -147 363 -105,559
Total domestic sectors Not consolidated Price changes and revaluations 2024 2nd quarter* -157,367 2,668 2,627 41 1,537 0 544 993 7 986 -14,943 532 -15,475 3,181 1,374 1,807 -10,038 -21,342 26,528 -50,773 2,903 11,304 614 10,690 -52,951 -162 -299 -52,490 -52,531 41.0 41 0 0 -86,916 -86,916 -98,671 11,755 0 95 7 88 -106,295 38 38 2,753 0 1,616 1,137 7 1,130 -2,511 4,666 -7,177 751 745 6 8,505 -549 -36,784 33,721 2,514 9,054 13 9,041 -52,767 -264 -295 -52,208 -52,249 41 41 0 0 -63,180 -63,180 -98,544 35,364 0 116 -71 187 -51,072
Total domestic sectors Not consolidated Other volume changes 2024 1st quarter* 267 0 0 0 0 0 0 0 0 0 72 46 26 -54 -32 -22 249 17 17 0 0 232 3 229 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 -28 0 0 0 0 0 0 0 0 0 0 0 -38 -32 -6 10 10 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 295
Total domestic sectors Not consolidated Other volume changes 2024 2nd quarter* 10,282 0 0 0 0 0 0 0 0 0 27 -16 43 2,699 9,500 -6,801 7,556 7,625 -5,120 8,594 4,151 -69 0 -69 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 588 0 0 0 0 0 0 0 0 -7,027 0 -7,027 -7 0 -7 7,622 7,622 4,243 3,379 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,694
Total domestic sectors Not consolidated Closing balance sheet 2024 1st quarter* 19,558,610 57,569 40,449 17,120 2,252,817 25,754 841,846 1,385,217 477,739 907,478 1,324,946 70,840 1,254,106 5,099,227 1,587,575 3,511,652 7,728,648 6,517,658 945,023 5,433,982 138,653 1,210,990 72,463 1,138,527 1,790,278 44,343 102,629 1,643,165 1,629,734 13,431.0 13,431 0 141 634,707 634,082 199,728 434,354 625 670,418 239,581 430,837 19,066,046 16,250 16,250 2,173,965 84,810 1,030,210 1,058,945 461,596 597,349 1,984,606 161,257 1,823,349 4,182,690 1,233,357 2,949,333 7,591,156 6,747,878 1,544,239 4,999,826 203,813 843,278 1,093 842,185 1,784,212 44,150 101,211 1,638,710 1,625,279 13,431 13,431 0 141 687,767 687,142 191,647 495,495 625 645,400 214,534 430,866 492,564
Total domestic sectors Not consolidated Closing balance sheet 2024 2nd quarter* 19,443,084 60,205 43,076 17,129 2,239,431 26,933 861,930 1,350,568 492,782 857,786 1,327,771 75,522 1,252,249 5,091,846 1,572,984 3,518,862 7,667,345 6,468,383 961,028 5,364,341 143,014 1,198,962 64,287 1,134,675 1,743,383 42,280 101,134 1,599,823 1,586,309 13,514.0 13,514 0 146 646,885 646,241 187,135 459,106 644 666,218 240,297 425,921 18,973,678 16,288 16,288 2,156,220 85,341 1,008,267 1,062,612 475,398 587,214 1,951,585 137,837 1,813,748 4,169,271 1,209,913 2,959,358 7,601,637 6,760,558 1,501,354 5,050,648 208,556 841,079 1,524 839,555 1,737,445 41,981 99,720 1,595,598 1,582,084 13,514 13,514 0 146 710,288 709,644 178,785 530,859 644 630,944 218,741 412,203 469,406
Source: CBS.
Explanation of symbols

Table explanation


This table presents financial transactions, other changes in assets and financial balance sheets of the sectors of the Dutch economy. It enables insight in many financial aspects in the Netherlands. Such as the magnitude of the debt of the government, the mortgage debt of households, the assets of investment funds in shares, the loans lent by financial corporations. Sectors are presented both consolidated and non-consolidated in this table.

Data available from:
Annual figures from 1995.
Quarterly figures from first quarter 1999.

Status of the figures:
The annual figures from 1995 up to and including 2022 are final. Quarterly data from 2022 and further are provisional.

Changes as of September 23rd 2024:
Data on the second quarter of 2024 are available. The figures for the first quarter of 2024 have been revised. Figures for 2022 and 2023, mainly other accounts receivable/payable, have been revised as a result of updated information on the government accounts.

When will new figures be published?
Annual figures:
The first annual data are published 85 day after the end of the reporting year as the sum of the four quarters of the year. Subsequently provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year. Furthermore the financial accounts and stocks are annually revised for all reporting periods. These data are published each year in June.
Quarterly figures: The first quarterly estimate is available 85 days after the end of each reporting quarter. The first quarter may be revised in September, the second quarter in December. Should further quarterly information become available thereafter, the estimates for the first three quarters may be revised in March. If (new) annual figures become available in June, the quarterly figures will be revised again to bring them in line with the annual figures.
Please note that there is a possibility that adjustments might take place at the end of March or September, in order to provide the European Commission with the latest figures.

Description topics

Assets
Total
Monetary gold and special drawing rights
The monetary gold and special drawing rights category consists of two subcategories:
- monetary gold
- special drawing rights
Total
Monetary gold
Monetary gold includes all gold, which is not intended for industrial purposes and not held in the form of valuables. Monetary gold can only be held by the Dutch Central Bank (DNB).
Special drawing rights (SDRs)
SDRs are international reserve assets created by the International Monetary Fund (IMF) and which are allocated to its members to supplement existing reserve assets. This transaction only exists for DNB.
Currency and deposits
Currency is notes and coins that are issued or authorised by monetary authorities. Deposits are standardised, non-negotiable contracts with the public at large, offered by deposit-taking corporations and, in some cases, by central government as debtors, and allowing the placement and the later withdrawal of the principal amount by the creditor. Deposits usually involve the debtor giving back the full principal amount to the investor.
Total
Currency
Currency consists of notes and coins in circulation that are commonly used to make payments.
Transferable deposits
Transferable deposits are deposits exchangeable for currency on demand, at par, and which are directly usable for making payments by cheque, draft, giro order, direct debit/credit, or other direct payment facilities, without penalty or restriction.
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.
Total
Savings deposits
These deposits include all deposits in euros and foreign currency 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 euro's), which are not immediately transferable without restrictions.
Debt securities
Debt securities are negotiable financial instruments serving as evidence of debt.
Total
Short-term securities
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 securities
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.
Loans
Loans are created when creditors lend funds to debtors.
Total
Short-term loans
Short-term loans are all credits, which do not have the characteristics of deposits and which mature by contract within one year. Included are short-term loans from financial institutions, balances on current accounts (except transferable deposits), short-term consumer credit, bills (of exchange) and promissory notes.
Long-term loans
Long-term loans are all credits, which do not have the characteristics of deposits and which do not mature within one year. They mainly concern long-term loans on obligations, mortgage loans and long-term consumer credit.
Equity and investment fund shares
Equity and investment fund shares or units are 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.
Equity and investment fund shares or units are residual claims on the assets of the Equity and investment fund shares or units include:
- listed shares
- unlisted shares - other equity
- investment fund shares or units

Total
Equity
Equity is a financial asset that is a claim on the residual value of a corporation, after all other claims have been met. Ownership of equity in legal entities is usually evidenced by shares, stocks, depository receipts, participations, or similar documents. Shares and stocks have the same meaning.
Total
Listed shares
Listed shares are equity securities listed on an exchange. Such an exchange may be a recognised stock exchange or any other form of secondary market. Listed shares are also referred to as quoted shares. The existence of quoted prices of shares listed on an exchange means that current market prices are usually readily available.
Unlisted shares
Unlisted shares are equity securities not listed on an exchange.
Other equity
Other equity comprises all forms of equity other than those classified in sub-categories listed shares and unlisted shares.
Investment fund shares or units
Investment fund shares are shares of an investment fund if the fund has a corporate structure. They are known as units if the fund is a trust. Investment funds are collective investment undertakings through which investors pool funds for investment in financial and/or non-financial assets.
Total
Money market fund (MMF) shares or units
Money market fund (MMF) shares or units are shares issued by MMFs. MMF shares or units can be transferable and are often regarded as close substitutes for deposits.
Non-MMF investment fund shares/units
Other investment fund shares or units other than MMF shares or units represent a claim on a portion of the value of an investment fund other than an MMF. These types of shares and units are issued by investment funds.
Insurance and pension schemes
Insurance, pension and standardised guarantee schemes are divided into six subcategories:
- non-life insurance technical reserves
- life insurance and annuity entitlements
- pension entitlements
- claims of pension funds on pension managers
- entitlements to non-pension benefits
- provisions for calls under standardised guarantees
Total
Insurance, pension and standardised guarantee schemes are divided into six subcategories:
- non-life insurance technical reserves
- life insurance and annuity entitlements
- pension entitlements
- claims of pension funds on pension managers
- entitlements to non-pension benefits
- provisions for calls under standardised guarantees
Non-life insurance technical reserves
Non-life insurance technical reserves are financial claims that non-life insurance policy holders have against non-life insurance corporations in respect of unearned premiums and claims incurred.
Life insurance and annuity entitlements
Life insurance and annuity entitlements consist of financial claims that life insurance policy holders and beneficiaries of annuities have against corporations providing life insurance.
Pension entitlements and claims
Pension entitlements comprise financial claims that current employees and former employees hold against either:
a) their employers;
b) a scheme designated by the employer to pay pensions as part of a compensation agreement between the employer and the employee
c) an insurer.

Other claims concern claims of pension funds on pension managers and entitlements to non-pension benefits.
Total
Pension entitlements comprise financial claims that current employees and former employees hold against either:
a) their employers;
b) a scheme designated by the employer to pay pensions as part of a compensation agreement between the employer and the employee
c) an insurer.

Other claims concern claims of pension funds on pension managers and entitlements to non-pension benefits.
Pension entitlements
Pension entitlements comprise financial claims that current employees and former employees hold against either:
a) their employers;
b) a scheme designated by the employer to pay pensions as part of a compensation agreement between the employer and the employee;
c) an insurer.
Other claims
Other entitlements and claims consist of claims of pension funds on pension managers and entitlements to non-pension benefits.
Total
Other entitlements and claims consist of claims of pension funds on pension managers and entitlements to non-pension benefits.
Claims on pension managers
An employer may contract with a third party to look after the pension funds for his employees. If the employer continues to determine the terms of the pension schemes and retains the responsibility for any deficit in funding as well as the right to retain any excess funding, the employer is described as the pension manager and the unit working under the direction of the pension manger is described as the pension administrator. If the agreement between the employer and the third party is such that the employer passes the risks and responsibilities for any deficit in funding to the third part in return for the right of the third party to retain any excess, the third party becomes the pension manager as well as the administrator.
Rights on non-pension entitlements
In the Netherlands, this includes rights on early retirement arrangements. These rights are part of a transition scheme for early retirement committed by many employers to their employees in 2006 and 2007 after the general early retirement arrangement ended. Contributions to this arrangement are part of social premiums of employers (and employees). However, due to the conditional aspects of the rights, the rights are classified as non-pension entitlements.
Provisions for calls under guarantees
Provisions for calls under standardised guarantees are financial claims that holders of standardised guarantees have against institutional units providing them. Provisions relating to calls under standardised guarantees are prepayments of net fees and provisions to meet outstanding calls under standardised guarantees. Like provisions for prepaid insurance premiums and reserves, provisions for calls under standardised guarantees include unearned fees (premiums) and calls (claims) not yet settled. Standardised guarantees are guarantees that are issued in large numbers, usually for fairly small amounts, along identical lines. Such arrangements involve three parties: the borrower, the lender and the guarantor. Either the borrower or the lender may contract with the guarantor to repay the lender if the borrower defaults. Examples are export credit guarantees and student loan guarantees.
Fin. derivatives, employee stock options
Financial derivatives and employee stock options are divided into two subcategories:
- financial derivatives
- employee stock options

Total
Financial derivatives
Financial derivatives are financial instruments linked to a specified financial instrument or indicator or commodity, through which specific financial risks can be traded in financial markets in their own right. Financial derivatives meet the following conditions:
- they are linked to a financial or non-financial asset, to a group of assets, or to an index;
- they are either negotiable or can be offset on the market; and
- no principal amount is advanced to be repaid.
The financial derivatives include options and forwards (warrants, futures, swaps and forward rate agreements). Forwards 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.
Total
Options
Options are contracts which give the holder of the option the right, but not the obligation, to purchase from or sell to the issuer of the option an asset at a predetermined price within a given time span or on a given date.
Forwards
Forwards are financial contracts under which two parties agree to exchange a specified quantity of an underlying asset at an agreed price (the strike price) on a specified date.
Employee stock options
Employee stock options are agreements made on a given date under which an employee has the right to purchase a given number of shares of the employer's stock at a stated price either at a stated time or within a period of time immediately following the vesting date.
Other accounts receivable/payable
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.

Financial transactions in other accounts receivable/payable comprise:
- Trade credits and advances; and
- Other accounts receivable/payable, excluding trade credits and advances.


Total
Trade credits and advances
Trade credits and advances are financial claims arising from the direct extension of credit by the suppliers of goods and services to their customers, and advances for work that is in progress or is yet to be undertaken, in the form of prepayment by customers for goods and services not yet provided.
Other receivable/payable
Other accounts receivable/payable are financial claims arising from timing differences between distributive transactions or financial transactions on the secondary market and the corresponding payments. Other accounts receivable/payable include financial claims created as a result of the timing difference between accrued transactions and payments made in respect of, for example:
- wages and salaries;
- taxes and social contributions;
- dividends;
- rent; and
- purchase and sale of securities.

Liabilities
Totaal
Monetary gold and special drawing rights
The monetary gold and special drawing rights category consists of two subcategories:
- monetary gold
- special drawing rights
Total
Monetary gold
Monetary gold includes all gold, which is not intended for industrial purposes and not held in the form of valuables. Monetary gold can only be held by the Dutch Central Bank (DNB).
Special drawing rights (SDRs)
Special drawing rights (SDRs) are international reserve assets created by the International Monetary Fund (IMF) and which are allocated to its members to supplement existing reserve assets.
Currency and deposits
Currency is notes and coins that are issued or authorised by monetary authorities. Deposits are standardised, non-negotiable contracts with the public at large, offered by deposit-taking corporations and, in some cases, by central government as debtors, and allowing the placement and the later withdrawal of the principal amount by the creditor. Deposits usually involve the debtor giving back the full principal amount to the investor.
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Currency
Currency consists of notes and coins in circulation that are commonly used to make payments.
Transferable deposits
Transferable deposits are deposits exchangeable for currency on demand, at par, and which are directly usable for making payments by cheque, draft, giro order, direct debit/credit, or other direct payment facilities, without penalty or restriction.
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.
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Savings deposits
These deposits include all deposits in euros and foreign currency 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 euro's), which are not immediately transferable without restrictions.
Debt securities
Debt securities are negotiable financial instruments serving as evidence of debt.
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Dit zijn op de beurs verhandelbare waardepapieren met uitzondering van aandelen.
Short-term securities
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 securities
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.
Loans
Loans are created when creditors lend funds to debtors.
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Dit is het totaal van de bedragen die aan crediteuren moeten worden terugbetaald.
Short-term loans
Short-term loans are all credits, which do not have the characteristics of deposits and which mature by contract within one year. Included are short-term loans from financial institutions, balances on current accounts (except transferable deposits), short-term consumer credit, bills (of exchange) and promissory notes.
Long-term loans
Long-term loans are all credits, which do not have the characteristics of deposits and which do not mature within one year. They mainly concern long-term loans on obligations, mortgage loans and long-term consumer credit.
Equity and investment fund shares
Equity and investment fund shares or units are 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.
Equity and investment fund shares or units are residual claims on the assets of the Equity and investment fund shares or units include:
- listed shares
- unlisted shares - other equity
- investment fund shares or units

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Equity
Equity is a financial asset that is a claim on the residual value of a corporation, after all other claims have been met. Ownership of equity in legal entities is usually evidenced by shares, stocks, depository receipts, participations, or similar documents. Shares and stocks have the same meaning.
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Listed shares
Listed shares are equity securities listed on an exchange. Such an exchange may be a recognised stock exchange or any other form of secondary market. Listed shares are also referred to as quoted shares. The existence of quoted prices of shares listed on an exchange means that current market prices are usually readily available.
Unlisted shares
Unlisted shares are equity securities not listed on an exchange.
Other equity
Other equity comprises all forms of equity other than those classified in sub-categories listed shares and unlisted shares.
Investment fund shares or units
Investment fund shares are shares of an investment fund if the fund has a corporate structure. They are known as units if the fund is a trust. Investment funds are collective investment undertakings through which investors pool funds for investment in financial and/or non-financial assets.
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Money market fund (MMF) shares or units
Money market fund (MMF) shares or units are shares issued by MMFs. MMF shares or units can be transferable and are often regarded as close substitutes for deposits.
Non-MMF investment fund shares/units
Other investment fund shares or units other than MMF shares or units represent a claim on a portion of the value of an investment fund other than an MMF. These types of shares and units are issued by investment funds.
Insurance, pension and guarantee schemes
Insurance, pension and standardised guarantee schemes are divided into six subcategories:
- non-life insurance technical reserves
- life insurance and annuity entitlements
- pension entitlements
- claims of pension funds on pension managers
- entitlements to non-pension benefits
- provisions for calls under standardised guarantees
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Insurance, pension and standardised guarantee schemes are divided into six subcategories:
- non-life insurance technical reserves
- life insurance and annuity entitlements
- pension entitlements
- claims of pension funds on pension managers
- entitlements to non-pension benefits
- provisions for calls under standardised guarantees
Non-life insurance technical reserves
Non-life insurance technical reserves are financial claims that non-life insurance policy holders have against non-life insurance corporations in respect of unearned premiums and claims incurred.
Life insurance and annuity entitlements
Life insurance and annuity entitlements consist of financial claims that life insurance policy holders and beneficiaries of annuities have against corporations providing life insurance.
Pension entitlements and claims
Pension entitlements comprise financial claims that current employees and former employees hold against either:
a) their employers;
b) a scheme designated by the employer to pay pensions as part of a compensation agreement between the employer and the employee
c) an insurer.

Other claims concern claims of pension funds on pension managers and entitlements to non-pension benefits.
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Pension entitlements comprise financial claims that current employees and former employees hold against either:
a) their employers;
b) a scheme designated by the employer to pay pensions as part of a compensation agreement between the employer and the employee
c) an insurer.

Other claims concern claims of pension funds on pension managers and entitlements to non-pension benefits.
Pension entitlements
Pension entitlements comprise financial claims that current employees and former employees hold against either:
a) their employers;
b) a scheme designated by the employer to pay pensions as part of a compensation agreement between the employer and the employee;
c) an insurer.
Other claims
Other entitlements and claims consist of claims of pension funds on pension managers and entitlements to non-pension benefits.
Total
Other entitlements and claims consist of claims of pension funds on pension managers and entitlements to non-pension benefits.
Claims on pension managers
An employer may contract with a third party to look after the pension funds for his employees. If the employer continues to determine the terms of the pension schemes and retains the responsibility for any deficit in funding as well as the right to retain any excess funding, the employer is described as the pension manager and the unit working under the direction of the pension manger is described as the pension administrator. If the agreement between the employer and the third party is such that the employer passes the risks and responsibilities for any deficit in funding to the third part in return for the right of the third party to retain any excess, the third party becomes the pension manager as well as the administrator.
Rights on non-pension entitlements
In the Netherlands, this includes rights on early retirement arrangements. These rights are part of a transition scheme for early retirement committed by many employers to their employees in 2006 and 2007 after the general early retirement arrangement ended. Contributions to this arrangement are part of social premiums of employers (and employees). However, due to the conditional aspects of the rights, the rights are classified as non-pension entitlements.
Provisions for calls under guarantees
Provisions for calls under standardised guarantees are financial claims that holders of standardised guarantees have against institutional units providing them. Provisions relating to calls under standardised guarantees are prepayments of net fees and provisions to meet outstanding calls under standardised guarantees. Like provisions for prepaid insurance premiums and reserves, provisions for calls under standardised guarantees include unearned fees (premiums) and calls (claims) not yet settled. Standardised guarantees are guarantees that are issued in large numbers, usually for fairly small amounts, along identical lines. Such arrangements involve three parties: the borrower, the lender and the guarantor. Either the borrower or the lender may contract with the guarantor to repay the lender if the borrower defaults. Examples are export credit guarantees and student loan guarantees.

Fin. derivatives, employee stock options
Financial derivatives and employee stock options are divided into two subcategories:
- financial derivatives
- employee stock options
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Financial derivatives
Financial derivatives are financial instruments linked to a specified financial instrument or indicator or commodity, through which specific financial risks can be traded in financial markets in their own right. Financial derivatives meet the following conditions:
- they are linked to a financial or non-financial asset, to a group of assets, or to an index;
- they are either negotiable or can be offset on the market; and
- no principal amount is advanced to be repaid.
The financial derivatives include options and forwards (warrants, futures, swaps and forward rate agreements). Forwards 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.
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Options
Options are contracts which give the holder of the option the right, but not the obligation, to purchase from or sell to the issuer of the option an asset at a predetermined price within a given time span or on a given date.
Forwards
Forwards are financial contracts under which two parties agree to exchange a specified quantity of an underlying asset at an agreed price (the strike price) on a specified date.
Employee stock
Employee stock options are agreements made on a given date under which an employee has the right to purchase a given number of shares of the employer's stock at a stated price either at a stated time or within a period of time immediately following the vesting date.
Other accounts receivable/payable
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.

Financial transactions in other accounts receivable/payable comprise:
- Trade credits and advances; and
- Other accounts receivable/payable, excluding trade credits and advances.

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Trade credits and advances
Trade credits and advances are financial claims arising from the direct extension of credit by the suppliers of goods and services to their customers, and advances for work that is in progress or is yet to be undertaken, in the form of prepayment by customers for goods and services not yet provided.
Other receivable/payable
Other accounts receivable/payable are financial claims arising from timing differences between distributive transactions or financial transactions on the secondary market and the corresponding payments. Other accounts receivable/payable include financial claims created as a result of the timing difference between accrued transactions and payments made in respect of, for example:
- wages and salaries;
- taxes and social contributions;
- dividends;
- rent; and
- purchase and sale of securities.


Net worth
The value of the total assets minus total liabilities.