Non-financial balance sheets; national accounts 1995-2016

Non-financial balance sheets; national accounts 1995-2016

Sectors Type of non-financial asset Periods Opening balance sheet (mln euro) Changes in non-financial balance sheet Revaluation (mln euro) Changes in non-financial balance sheet Capital formation (mln euro) Changes in non-financial balance sheet Other changes in volume (mln euro) Changes in non-financial balance sheet Statistical discrepancy (mln euro) Closing balance sheet (mln euro) Volume indices 2010=100 (2010 = 100)
All sectors Passenger cars 2016* 22,321 294 -382 0 97 22,330 111.5
Non-financial corporations Passenger cars 2016* 19,337 . . . . 19,385 120.0
Financial corporations Passenger cars 2016* 242 . . . . 245 16.7
General government Passenger cars 2016* 411 . . . . 426 103.1
Households and NPISHs Passenger cars 2016* 2,330 . . . . 2,273 114.1
Households Passenger cars 2016* . . . . . . .
Non-profit institutions serving househ. Passenger cars 2016* . . . . . . .
Source: CBS.
Explanation of symbols

Table description


This table contains figures on non-financial balance sheets. The balance sheets show the market value of non-financial assets. Changes in the value of non-financial assets are also presented in this table. These changes are, for example, the result of price changes or the result of purchases minus sales of non-financial assets.

Non-financial balance sheets are part of the National Accounts. The balance sheets are presented by different types of assets for the economy as a whole and for the different institutional sectors in the Dutch economy.

Figures of the sectors households and non-profit institutions serving households (NPISH) are from reporting year 2013 onwards no longer separately published. Only their aggregate will be published. The reason for this change is that reliable estimates for NPISH for recent years are no longer available.

Data available from 1995 upto and including 2016.

Status of the figures:
2016 figures are provisional because this table has been replaced these figures will not be upated.

Changes as from 30 April 2019:

None, this table has been replaced.

When will new figures be published?
No longer relevant. This table has been replcaed by Non-financial balance sheets; national accounts. See paragraph 3.

Description topics

Opening balance sheet
The opening balance sheet is the balance sheet on 1 January of the accounting year, measured in average prices of the previous year. The opening balance sheet equals the closing balance sheet of the previous year.
Changes in non-financial balance sheet
This item shows the changes in the market value of non-financial assets in one year. The closing balance sheet of a year equals the opening balance sheet of that year including the sum of all changes.
Revaluation
The change in value of a non-financial asset due to price changes. The revaluation is determined by multiplying the net capital stock of the opening balance sheet with the price changes in the current reporting year relative to the previous reporting year.
Capital formation
Capital formation concerns the change in the non-financial balance sheet due to sales and purchases of non-financial assets and by normal wear and tear and insurable damage (like fire and theft). For fixed assets, the reduction in value due to ageing is called depreciation. For fixed assets, capital stock formation consists of the sum of investments, depreciation and trade. Trade includes the sales and purchases of second-hand fixed assets between Dutch firms or consumers and the sales of second-hand fixed assets by Dutch firms to foreign countries. For inventories, capital formation consists of changes in inventories. For mineral reserves, capital formation consists of the sum of sales minus purchases of these asset types. For consumer durables, capital formation consists of the sum of the consumption of new consumer durables, the depreciation due to ageing and trade.
Other changes in volume
Other changes in volume consist of the depreciation of cattle due to ageing and other changes in volume. The other changes in volume consist of the consequences of extraordinary unexpected events to non-financial assets, for example, a loss in value or even destruction of non-financial assets due to floods or war damage. The re-classification of firms to another sector (for example through mergers or subdivision of firms) is also part of the other changes in volume.
Statistical discrepancy
A statistical discrepancy appears when the closing balance sheet of non-financial assets does not correspond to the opening balance sheet and the changes in non-financial assets.
Statistical discrepancies arise during a benchmark revision because the capital stock is determined at a point in time when investment data are still provisional. This makes it impossible to create mutually consistent statistics. With respect to inventories, statistical discrepancies occur because firms have to provide the relevant data for their opening balance sheet as well as their closing balance sheet. When the opening balance sheet of a year differs from the closing balance sheet of the previous year, the difference is registered as a statistical discrepancy.
Closing balance sheet
The closing balance sheet is the balance sheet on 31 December of the reporting year, measured in average prices of that year. The closing balance sheet equals the opening balance sheet of the next reporting year.
Volume indices 2010=100
Index of the development of the volume of the closing balance of the type of non-financial asset in question. The base year is 2010.