Financial balance sheets and transactions by sectors; National Accounts

Financial balance sheets and transactions by sectors; National Accounts

Institutional sectors Not consolidated/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 2022 2nd quarter* 17,971,561 51,594 34,393 17,201 2,357,498 20,413 1,058,846 1,278,239 418,184 860,055 1,412,140 63,198 1,348,942 4,058,874 1,050,850 3,008,024 7,098,460 5,818,355 865,033 4,923,433 29,889 1,280,105 54,507 1,225,598 1,882,040 42,994 180,547 1,656,507 1,639,406 17,101.0 15,383 1,718 1,992 517,955 517,530 127,471 390,059 425 593,000 217,074 375,926 17,139,263 16,454 16,454 2,356,766 85,409 1,236,517 1,034,840 398,675 636,165 1,753,464 102,196 1,651,268 3,271,140 977,073 2,294,067 6,765,362 5,826,272 1,286,414 4,449,658 90,200 939,090 1,934 937,156 1,877,316 44,172 179,070 1,652,082 1,634,981 17,101 15,383 1,718 1,992 496,912 496,487 122,467 374,020 425 601,849 182,958 418,891 832,298
Total domestic sectors Not consolidated Opening balance sheet 2022 3rd quarter* 17,909,225 51,643 34,390 17,253 2,443,399 20,779 1,084,749 1,337,871 427,058 910,813 1,287,155 54,890 1,232,265 4,171,809 1,116,827 3,054,982 6,980,173 5,783,054 717,943 5,035,134 29,977 1,197,119 51,484 1,145,635 1,649,708 40,988 170,832 1,435,896 1,418,777 17,119.0 15,081 2,038 1,992 718,343 717,937 131,857 586,080 406 606,995 234,331 372,664 17,094,585 16,881 16,881 2,415,319 86,940 1,270,917 1,057,462 407,549 649,913 1,672,700 82,414 1,590,286 3,306,957 991,031 2,315,926 6,676,349 5,829,711 1,121,700 4,614,031 93,980 846,638 1,583 845,055 1,645,627 42,074 169,433 1,432,128 1,415,009 17,119 15,081 2,038 1,992 747,094 746,688 124,564 622,124 406 613,658 201,017 412,641 814,640
Total domestic sectors Not consolidated Financial transactions 2022 2nd quarter* 285,567 -389 0 -389 73,618 366 21,919 51,333 8,866 42,467 -30,307 -8,678 -21,629 83,745 52,880 30,865 8,357 37,960 -58,847 96,829 -22 -29,603 -3,679 -25,924 6,364 -1,289 -85 7,738 7,384 354.0 34 320 0 131,082 131,080 106,239 24,841 2 13,097 17,085 -3,988 185,459 0 0 41,834 1,531 24,389 15,914 8,866 7,048 -3,515 -22,971 19,456 17,875 4,561 13,314 9,201 39,725 -5,341 43,808 1,258 -30,524 -349 -30,175 6,318 -1,277 -85 7,680 7,326 354 34 320 0 102,363 102,361 102,361 2 11,383 18,273 -6,890 100,108
Total domestic sectors Not consolidated Financial transactions 2022 3rd quarter* 165,590 11 0 11 132,623 555 51,211 80,857 1,168 79,689 -18,943 -5,250 -13,693 54,907 67,985 -13,078 -83,251 -45,066 -27,647 -17,450 31 -38,185 1,685 -39,870 5,331 -984 310 6,005 5,675 330.0 34 296 0 103,018 103,016 81,702 21,314 2 -28,106 2,479 -30,585 149,402 0 0 119,502 -1,960 49,935 71,527 1,168 70,359 -17,519 18,079 -35,598 29,283 26,761 2,522 -41,860 -11,422 -106 -12,574 1,258 -30,438 -142 -30,296 5,329 -928 310 5,947 5,617 330 34 296 0 83,238 83,236 83,236 2 -28,571 3,029 -31,600 16,188
Total domestic sectors Not consolidated Other changes 2022 2nd quarter* -347,903 438 -3 441 12,283 0 3,984 8,299 8 8,291 -94,678 370 -95,048 29,190 13,097 16,093 -126,644 -73,261 -88,243 14,872 110 -53,383 656 -54,039 -238,696 -717 -9,630 -228,349 -228,013 -336.0 -336 0 0 69,306 69,327 -101,853 171,180 -21 898 172 726 -230,137 427 427 16,719 0 10,011 6,708 8 6,700 -77,249 3,189 -80,438 17,942 9,397 8,545 -98,214 -36,286 -159,373 120,565 2,522 -61,928 -2 -61,926 -238,007 -821 -9,552 -227,634 -227,298 -336 -336 0 0 147,819 147,840 -100,264 248,104 -21 426 -214 640 -117,766
Total domestic sectors Not consolidated Other changes 2022 3rd quarter* -86,202 -184 -648 464 14,849 0 4,493 10,356 18 10,338 -42,214 213 -42,427 31,507 16,076 15,431 21,112 23,673 -12,870 36,435 108 -2,561 910 -3,471 -100,621 -292 -4,673 -95,656 -96,265 609.0 609 0 0 -11,716 -11,695 -73,741 62,046 -21 1,065 178 887 -28,333 456 456 17,062 0 10,145 6,917 18 6,899 -35,783 3,578 -39,361 20,492 11,519 8,973 23,501 32,613 -36,665 68,727 551 -9,112 -2 -9,110 -100,220 -294 -4,635 -95,291 -95,900 609 609 0 0 45,543 45,564 -69,823 115,387 -21 616 -17 633 -57,869
Total domestic sectors Not consolidated Price changes and revaluations 2022 2nd quarter* -347,795 438 -3 441 12,283 0 3,984 8,299 8 8,291 -94,678 370 -95,048 29,298 13,163 16,135 -126,644 -73,261 -88,243 14,872 110 -53,383 656 -54,039 -238,696 -717 -9,630 -228,349 -228,013 -336.0 -336 0 0 69,306 69,327 -101,853 171,180 -21 898 172 726 -230,033 427 427 16,719 0 10,011 6,708 8 6,700 -77,249 3,189 -80,438 18,046 9,463 8,583 -98,214 -36,286 -159,373 120,565 2,522 -61,928 -2 -61,926 -238,007 -821 -9,552 -227,634 -227,298 -336 -336 0 0 147,819 147,840 -100,264 248,104 -21 426 -214 640 -117,762
Total domestic sectors Not consolidated Price changes and revaluations 2022 3rd quarter* -86,094 -184 -648 464 14,849 0 4,493 10,356 18 10,338 -42,214 213 -42,427 31,615 16,142 15,473 21,112 23,673 -12,870 36,435 108 -2,561 910 -3,471 -100,621 -292 -4,673 -95,656 -96,265 609.0 609 0 0 -11,716 -11,695 -73,741 62,046 -21 1,065 178 887 -28,229 456 456 17,062 0 10,145 6,917 18 6,899 -35,783 3,578 -39,361 20,596 11,585 9,011 23,501 32,613 -36,665 68,727 551 -9,112 -2 -9,110 -100,220 -294 -4,635 -95,291 -95,900 609 609 0 0 45,543 45,564 -69,823 115,387 -21 616 -17 633 -57,865
Total domestic sectors Not consolidated Other volume changes 2022 2nd quarter* -108 0 0 0 0 0 0 0 0 0 0 0 0 -108 -66 -42 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 -104 0 0 0 0 0 0 0 0 0 0 0 -104 -66 -38 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -4
Total domestic sectors Not consolidated Other volume changes 2022 3rd quarter* -108 0 0 0 0 0 0 0 0 0 0 0 0 -108 -66 -42 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 -104 0 0 0 0 0 0 0 0 0 0 0 -104 -66 -38 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -4
Total domestic sectors Not consolidated Closing balance sheet 2022 2nd quarter* 17,909,225 51,643 34,390 17,253 2,443,399 20,779 1,084,749 1,337,871 427,058 910,813 1,287,155 54,890 1,232,265 4,171,809 1,116,827 3,054,982 6,980,173 5,783,054 717,943 5,035,134 29,977 1,197,119 51,484 1,145,635 1,649,708 40,988 170,832 1,435,896 1,418,777 17,119.0 15,081 2,038 1,992 718,343 717,937 131,857 586,080 406 606,995 234,331 372,664 17,094,585 16,881 16,881 2,415,319 86,940 1,270,917 1,057,462 407,549 649,913 1,672,700 82,414 1,590,286 3,306,957 991,031 2,315,926 6,676,349 5,829,711 1,121,700 4,614,031 93,980 846,638 1,583 845,055 1,645,627 42,074 169,433 1,432,128 1,415,009 17,119 15,081 2,038 1,992 747,094 746,688 124,564 622,124 406 613,658 201,017 412,641 814,640
Total domestic sectors Not consolidated Closing balance sheet 2022 3rd quarter* 17,988,613 51,470 33,742 17,728 2,590,871 21,334 1,140,453 1,429,084 428,244 1,000,840 1,225,998 49,853 1,176,145 4,258,223 1,200,888 3,057,335 6,918,034 5,761,661 677,426 5,054,119 30,116 1,156,373 54,079 1,102,294 1,554,418 39,712 166,469 1,346,245 1,328,187 18,058.0 15,724 2,334 1,992 809,645 809,258 139,818 669,440 387 579,954 236,988 342,966 17,215,654 17,337 17,337 2,551,883 84,980 1,330,997 1,135,906 408,735 727,171 1,619,398 104,071 1,515,327 3,356,732 1,029,311 2,327,421 6,657,990 5,850,902 1,084,929 4,670,184 95,789 807,088 1,439 805,649 1,550,736 40,852 165,108 1,342,784 1,324,726 18,058 15,724 2,334 1,992 875,875 875,488 137,977 737,511 387 585,703 204,029 381,674 772,959
Source: CBS.
Explanation of symbols

Table description


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 figures from 1995 up to and including 2019 are final. Data of 2020, 2021 and 2022 are provisional.

Changes as of December 23rd, 2022:
Data on the third quarter of 2022 have been added.

Adjustments as of September 23rd, 2022:
The method for calculating the profits received from and paid to the rest of the world for non-financial corporations has been improved. This causes changes in the changes in balance sheets for unlisted shares. As part of these profits pass through financial holdings, data for financial institutions are also changed.
Balance sheets and changes in balance sheets for derivatives of banks with the rest of the world have been corrected from 2016 onwards. Part of the revaluation was wrongly omitted in the calculations.

When will new figures be published?
Annual figures: 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.
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.

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.
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
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.
Total
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

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, 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
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
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.


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