Non-financial corporations; non-fin. transactions by type of corporations

Non-financial corporations; non-fin. transactions by type of corporations

Non-financial corporations Periods Uses Intermediate consumption (-) (million euros) Uses Gross capital formation Gross fixed capital formation Consumption of fixed capital (million euros)
The non-financial corporations sector 2022 895,749 83,047
Dutch controlled non-fin. corporations 2022 455,852 44,703
Dutch Multinationals 2022 181,444 16,931
Other large corporations 2022 56,934 9,049
Small and medium sized enterprises 2022 217,474 18,723
Foreign controlled non-fin. corporations 2022 439,897 38,344
Source: CBS.
Explanation of symbols

Table explanation

This table presents the non-financial transactions of the sector non-financial corporations and four subsectors, namely foreign controlled non-financial corporations, Dutch multinationals, other large corporations and independent small and medium sized enterprises. The transactions are divided into resources and uses. Furthermore, balancing items for the sectors are presented.

Data available from:
Annual data from 2015.

Status of the data:
The data from 2015 to 2022 are final estimates. Published data can be revised annually. Any update will be published in June.

Changes as of June 24th 2024:
This is a new table. Statistics Netherlands has carried out a revision of the national accounts. New statistical data sources, methods and concepts have been implemented in the national accounts in order to align to the most recent available data and international guidelines for the compilation of the national accounts. The revised data are presented in a new table. For further information see section 3.

When are new data published?
Annual data are released 18 months after the end of a reporting period. New data become available in June each year.

Description topics

Uses
Uses are transactions appear which deduces the economic value of sectors.
Intermediate consumption (-)
Goods and services used as input in a production process, with the exception of capital goods. Intermediate consumption consists of goods reshaped into other goods or consumed entirely in the course of the production process (by definition, this holds for all hired services). According to international standards an acquired good or hired service is classified as a fixed asset rather than intermediate consumption when it lasts over one year in a production process. Goods and services that are part of intermediate consumption are valued at market prices at the time they were used.
Gross capital formation
Capital formation consists of capital formation in fixed assets and changes in inventories including valuables.
Gross fixed capital formation
Expenditure on produced assets that are used in a production process for more than one year. This may concern a building, dwelling, transport equipment or a machine. This in contrast with goods and services which are used up during the production process, the so-called intermediate use (e.g. iron ore). Fixed capital does lose value over time as a result of normal wear and tear and obsolescence. This is called consumption of fixed capital (also called depreciation). The value of fixed capital formation in which the consumption of fixed capital is not deducted is called gross fixed capital formation. Deduction of the consumption of fixed capital results in net fixed capital formation.

The following types of fixed assets exist: dwellings and other buildings and structures, machinery and equipment, transport equipment, weapon systems (included in machinery and equipment), computers, software, telecommunication equipment, research and development, cultivated biological resources, mineral exploration and evaluation, and costs of ownership transfer on non-produced assets, like land, contracts, leases and licenses.
Consumption of fixed capital
The decline in value of fixed assets owned, as a result of normal wear and tear and obsolescence.

For the estimation of the consumption of fixed capital the perpetual inventory method (PIM) is applied. The capital stock at the beginning of the year is brought to replacement value because of price changes. The fixed capital formation during the year is added to this capital stock. Next it is diminished with the value of capital goods discarded. This gives to value of capital stock at the end of the year. The consumption of fixed obtained by applying a depreciation percentage.
This method may differ considerably from the method used to calculate depreciation in business accounts, which is based on historical costs or fiscal life span.