Institutional investors; balance sheet 1998-2016

Table explanation

Description topics

Assets

Short-term securities

Short-term securities include 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.

Short-term securities government

Total government

The general government sector consists of institutional units which are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth.
The sector general government primarily consists of all entities (covered by public law) that carry out activities regarding the redistribution of income and wealth. In the Netherlands this concerns ministries, municipalities, provinces, water boards and the like. In the second place general government consists of entities that are controlled and mainly financed by the aforementioned entities, and do not produce for the market. Non-market output means that the sale proceeds are structural less than 50 per cent of the production costs. In this way, for instance, Prorail and the Open University are counted to the general government.
Government institutions that are active abroad, like embassies, belong to the sector general government as well. On the other hand foreign embassies and international institutions, like Europol and the International Court of Justice, do not belong to the Dutch government.
Public enterprises (like the Dutch Railways, Amsterdam Airport (Schiphol), the Dutch Municipal Bank (BNG) and quasi-corporations are no part of the sector general government. The Dutch Central Bank (DNB) also does not belong to the sector general government.
The general government sector is split up into three subsectors: central government, local government and social security funds.

Central government

The subsector central government (excluding social security funds) includes all administrative departments of the state and other central agencies whose competence extends normally over the whole economic territory, except for the administration of social security funds.
The central government is a subsector of the general government sector.
Central government includes:
- the State (ministries and some budgetary funds such as the Municipalities Fund, the Provinces Fund and the Infrastructure Fund).
- universities.
- public corporate organisations like commodity boards.
- a group of national foundations and organisations.

Examples of national foundations and organisations are:
- research institutions linked to universities.
- charity, relief and educational organisations that are controlled and mainly financed by the government (for example Oxfam Novib).
- privatised national government services such as Statistics Netherlands.

Short-term securities other domestic

Government companies

This group includes private and statutory companies. Private government companies are non-financial enterprises whose share is owned for at least fifty percent by the government. Statutory government companies are state enterprises, intermunicipal arrangements with a business nature, and branches of municipalities and provinces with a business nature.

Long-term securities

Long-term securities include 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.

Long-term securities government

Total government

The general government sector consists of institutional units which are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth.
The sector general government primarily consists of all entities (covered by public law) that carry out activities regarding the redistribution of income and wealth. In the Netherlands this concerns ministries, municipalities, provinces, water boards and the like. In the second place general government consists of entities that are controlled and mainly financed by the aforementioned entities, and do not produce for the market. Non-market output means that the sale proceeds are structural less than 50 per cent of the production costs. In this way, for instance, Prorail and the Open University are counted to the general government.
Government institutions that are active abroad, like embassies, belong to the sector general government as well. On the other hand foreign embassies and international institutions, like Europol and the International Court of Justice, do not belong to the Dutch government.
Public enterprises (like the Dutch Railways, Amsterdam Airport (Schiphol), the Dutch Municipal Bank (BNG) and quasi-corporations are no part of the sector general government. The Dutch Central Bank (DNB) also does not belong to the sector general government.
The general government sector is split up into three subsectors: central government, local government and social security funds.

Central government

The subsector central government (excluding social security funds) includes all administrative departments of the state and other central agencies whose competence extends normally over the whole economic territory, except for the administration of social security funds.
The central government is a subsector of the general government sector.
Central government includes:
- the State (ministries and some budgetary funds such as the Municipalities Fund, the Provinces Fund and the Infrastructure Fund).
- universities.
- public corporate organisations like commodity boards.
- a group of national foundations and organisations.

Examples of national foundations and organisations are:
- research institutions linked to universities.
- charity, relief and educational organisations that are controlled and mainly financed by the government (for example Oxfam Novib).
- privatised national government services such as Statistics Netherlands.

Local government

The subsector local government (excluding social security funds) includes those types of public administration whose competence extends to only a local part of the economic territory, apart from local agencies of social security funds.
The local government is a subsector of the general government sector.
Local government includes:
- provinces and district water boards.
- municipalities, excluding their quasi-corporations such as public transport companies.
- joint ventures of municipalities for the purpose of waste processing, water treatment, fire brigades, social work provision, etc.
- privatised government services such as employment service offices and regional police forces.
- legally defined local private institutions, such as privatized educational institutions, museums, public libraries, the Youth Work Guarantee Plan and asylums.

Long-term securities other domestic

Government companies

This group includes private and statutory companies. Private government companies are non-financial enterprises whose share is owned for at least fifty percent by the government. Statutory government companies are state enterprises, intermunicipal arrangements with a business nature, and branches of municipalities and provinces with a business nature.

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.

Short-term loans government

Total government

The general government sector consists of institutional units which are non-market producers whose output is intended for individual and collective consumption, and are financed by compulsory payments made by units belonging to other sectors, and institutional units principally engaged in the redistribution of national income and wealth.
The sector general government primarily consists of all entities (covered by public law) that carry out activities regarding the redistribution of income and wealth. In the Netherlands this concerns ministries, municipalities, provinces, water boards and the like. In the second place general government consists of entities that are controlled and mainly financed by the aforementioned entities, and do not produce for the market. Non-market output means that the sale proceeds are structural less than 50 per cent of the production costs. In this way, for instance, Prorail and the Open University are counted to the general government.
Government institutions that are active abroad, like embassies, belong to the sector general government as well. On the other hand foreign embassies and international institutions, like Europol and the International Court of Justice, do not belong to the Dutch government.
Public enterprises (like the Dutch Railways, Amsterdam Airport (Schiphol), the Dutch Municipal Bank (BNG) and quasi-corporations are no part of the sector general government. The Dutch Central Bank (DNB) also does not belong to the sector general government.
The general government sector is split up into three subsectors: central government, local government and social security funds.

Central government

The subsector central government (excluding social security funds) includes all administrative departments of the state and other central agencies whose competence extends normally over the whole economic territory, except for the administration of social security funds.
The central government is a subsector of the general government sector.
Central government includes:
- the State (ministries and some budgetary funds such as the Municipalities Fund, the Provinces Fund and the Infrastructure Fund).
- universities.
- public corporate organisations like commodity boards.
- a group of national foundations and organisations.

Examples of national foundations and organisations are:
- research institutions linked to universities.
- charity, relief and educational organisations that are controlled and mainly financed by the government (for example Oxfam Novib).
- privatised national government services such as Statistics Netherlands.

Local government

The subsector local government (excluding social security funds) includes those types of public administration whose competence extends to only a local part of the economic territory, apart from local agencies of social security funds.
The local government is a subsector of the general government sector.
Local government includes:
- provinces and district water boards.
- municipalities, excluding their quasi-corporations such as public transport companies.
- joint ventures of municipalities for the purpose of waste processing, water treatment, fire brigades, social work provision, etc.
- privatised government services such as employment service offices and regional police forces.
- legally defined local private institutions, such as privatized educational institutions, museums, public libraries, the Youth Work Guarantee Plan and asylums.

Social security funds

The social security funds subsector includes central, state and local institutional units whose principal activity is to provide social benefits and which fulfil each of the following two criteria:
(a) by law or by regulation certain groups of the population are obliged to participate in the scheme or to pay contributions; and
(b) general government is responsible for the management of the institution in respect of the settlement or approval of the contributions and benefits independently from its role as supervisory body or employer.
There is usually no direct link between the amount of the contribution paid by an individual and the risk to which that individual is exposed.
The social security funds is a subsector of the general government sector.
Social security funds include:
- supervisory and executive bodies for social security regulations such as the Social Security Agency (UWV).
- social security funds that carry out the Compulsory Pension Funds Act, the Unemployment Insurance Act, etc.

Short-term loans other domestic

Government companies

This group includes private and statutory companies. Private government companies are non-financial enterprises whose share is owned for at least fifty percent by the government. Statutory government companies are state enterprises, intermunicipal arrangements with a business nature, and branches of municipalities and provinces with a business nature.