Basic data sources used for annual national accounts included financial statements, statistical questionnaires, data provided by state authorities (Czech National Bank, Ministry of Finance of the CR, Ministry of Labour and Social Affairs of the CR, National Property Fund, Land Fund, etc.), and expert guesses.

Characteristic of institutional sectors

      National accounts describe the economic process broken down by institutional sectors and sub-sectors. Each sector/sub-sector comprises units similar in basic activities, function and economic behaviour and belonging to the same type of the producer. Each unit is classified to one sector/sub-sector only. The national economy (S.1) consists of resident institutional sectors, which are the following:

      - non-financial corporations (S.11), whose principal activity is the production of goods and non-financial services; they include e.g. agricultural, industrial, construction and transport corporations, schools, health establishments, etc.;

      - financial corporations (S.12), which are primarily engaged in financial intermediation or auxiliary financial activities; they include e.g. banks, credit cooperatives, investment funds, investment companies, financial leasing companies, holding financial companies, stock exchanges, insurance companies , and pension funds;

      - general government (S.13), whose output is designed for individual and collective consumption and which are financed particularly by obligatory payments from units classified to other sectors; they are organizational components of the state (e.g. ministries, central authorities and organizations managed by the authorities, and state universities), extrabudgetary funds (state funds, National Property Fund, Land Fund, Support and Guarantee Fund for Farmers and Forestry, and Viniculture Fund), Czech Consolidation Agency and its subsidiaries, Czech Financial, Railway Infrastructure Administration, public universities, territorial self-governing units (regions, municipalities, voluntary associations of municipalities), non-market semi-budgetary organizations, and social security funds (e.g. health insurance corporations);

      - households (S.14), which include individuals or groups of individuals as final consumers and small entrepreneurs producing market goods and services (craftsmen, self-employed farmers, private medical doctors, lawyers, tax advisors, etc.);

      - non-profit institutions serving households (S.15), which are private market producers; they include political parties, churches or religious societies, foundations, trade unions, professional or learned societies, interest organizations or charities.

      National accounts also describe economic operations with the rest of the world (also referred to as non-residents), i.e. with units seated outside the economic territory of the Czech Republic for at least one year. The rest of the world (S.2) is a grouping of units whatever their function and resources are. They include e.g. embassies of foreign states or international organizations, which were founded and operate under international agreements, or detached parts of parent companies (e.g. branches of manufacturing enterprises, banks and insurance companies). Data for the rest of the world are not included in items of total national economy (S.1).

      Characteristic of indicators and methodological approaches used

      Each indicator (transactions and other flows) is coded in national accounts; in accordance with the international standard of the European System of National Accounts of 1995 (ESA95), as follows: transactions in goods and services are designated with code P, distributive transactions with D, balancing items with B, transactions in financial instruments with F, and other items of accumulation with K. Stocks of non-financial assets presented in opening and closing balance sheets are designated with code AN and stocks of financial assets including other accounts receivable/payable with AF.

      Output (gross turnover) of goods and services (P.1) is the value of market and non-market goods and services produced by resident units on the territory of the Czech Republic in a given period. It is composed of:

- market output (P.11), which includes, above all, sales of goods and services of own production, margin and changes in inventories of work in progress and goods;

- bank services, which is the difference between received and paid interest of banks (or financial intermediation services indirectly measured) - FISIM (P.119);

- output for own final use (P.12) - i.e., especially the capitalization of goods and services, agricultural output of households for own consumption, and estimated imputed rent of households living in own houses and dwellings.

- other non-market output (P.13), which is the sum of other non-market output provided at economically insignificant prices (P.131 Payments for the other non-market output) and other non-market output provided free (P.132 Other non-market output, other). The latter are expressed as the difference between operating expenses spent by government and non-profit institutions serving households on the one hand and their sales of goods and services (P.11 + P.131) and output for own final use (P.12) on the other hand.

      Intermediate consumption (P.2) is the value of goods and services used up by resident producers in the process of producing other goods and services within a certain period.

      Domestic product - gross (B1.g) or net (B1.n) - at purchaser prices: total output at purchaser prices of resident producers minus their intermediate consumption plus import taxes; in other words, it is the sum of value added (gross or net) of individual sectors and import taxes (which are not allocated by sector), or it is also the sum of final consumption, gross capital formation and external trade balance.

      Imports (P.7) and exports (P.6) of goods and services: are derived from trade balance. They include the consumption of Czech citizens abroad and of foreign citizens in the Czech Republic (the latter being is estimated from sales/purchases of foreign currency) and „direct trade costs abroad“. They also include estimated exports and imports with Poland implemented in Czech koruna (by households in particular). The difference between exports and imports of goods and services is external balance of goods and services (B.11).

      Compensation of employees (D.1) - in cash and kind: includes wages and salaries and social contributions paid by employers:

      - wages and salaries - income from work carried out according to the Code of Labour and other relevant regulations. They include wages and salaries for work done for the employer; salaries of members of cooperatives and associates; wages and salaries of regular members of the armed forces; pocket money and subsistence allowance of temporary members of the armed forces; contributions to employees for commuting to and from work, their meals, cultural and sports interests, and others. They are given before income tax, statutory (mandatory) contributions to general social and health insurance schemes and other deductions, if any;

      - employers´ social contributions - paid by employers for their employees to general social and health insurance (26% of basic wages to social insurance, including the unemployment fund, and 9% of basic wages to health insurance), additional pension and health insurance, and direct social assistance provided by employers (irretrievable assistance paid, e.g. from the social fund).

      Taxes on production and imports (D.2): are „indirect taxes“ which include taxes on products and other taxes on production:

- taxes on products (D.21): include VAT, customs duties, import taxes (consumer tax on imports, import surcharges and compensation related to imports), consumer taxes, payments for permanent exclusion of agricultural land out of agricultural land resources, various fees (spa fees, recreational stay fees, from advertising facilities, or certain administrative fees).

- other taxes on production (D.29): include, e.g., real estate tax, road tax, payments for the purpose of regulation, payments for temporary exclusion of agricultural land from agricultural land resources, air and water pollution charges, penalties for delayed withdrawals and taxes, etc.

      Subsidies (D.3): are actually negative taxes. They are split into subsidies on products and other subsidies on production:

- subsidies on products (D.31) - mostly compensation for losses in production and providing of services; They include, e.g., subsidies on passenger transport, agricultural products, heat or contributions to subsidized organisations (e.g. in education)

- other subsidies on production (D.39) - especially subsidies to cover losses, subsidies on intentional reduction of mining and quarrying activities, subsidies to businesses, and subsidies to enterprises which employ persons with reduced capacity to work.

      Operating surplus - gross (B.2g) or net (B.2n): includes profits of enterprises (adjusted by holding gains), interest and other income from ownership of capital (i.e., property and business incomes). It is determined as the balancing item between gross value added, compensation of employees and net taxes on production. It also includes imputed rent amounting to 2.5% of net replacement costs of dwellings and houses (including the plots they are erected on) owned by households. Given in the sector of households is also mixed income - gross (B.3g) or net (B.3n) - of small entrepreneurs, which is the sum of their income from business (profits) and their income from work activities (wages) for own „enterprise“, as these two incomes cannot be statistically distinguished.

      Net property income (D4): difference between ownership income receivable and payable. It results from the ownership of financial and tangible non-produced assets, such as land, inland water bodies (ponds) and subsoil assets, and includes interest (from deposits, debentures and loans), imputed interest from insurance, incomes from land (rental), dividends, and some other income from distributed profits and transfers from profits.

      National income - gross (B.5g) or net (B5.n) -: is the balancing item of the allocation of primary income account - i.e., incomes resulting from the use of production factors (labour, land, and capital); it is the sum of primary income balances for individual sectors.

      Current taxes on income, wealth, etc. (D.5): are taxes on income and capital gains („direct taxes“), including additional tax payments and tax penalties. They are taxes on income of natural and legal persons and also include taxes on interest, dividends, personal winnings and lotteries. Further, they include dog fees, fees for the use of motorways and express roads and entry fees. Property taxes are not any part of the CR´s tax system.

      Social contributions (D.61) - statutory and non-statutory: are split into actual social contributions and imputed social contributions. Actual social contributions show in total all payments to providers of social benefits, and include contributions to compulsory social, health and accident insurance and supplementary pension insurance; they are measured broken down by payers (employers for their employees, employees, and the self-employed). Imputed social contributions include direct social assistance from employers (this second imputation results from the need to balance the relation to social benefits).

      Social benefits other than social transfers in kind (D.62): benefits resulting from participation in general social insurance scheme (pensions, sickness insurance benefits, etc.), compulsory accident insurance schemes (paid by employers for their employees), and supplementary pension insurance schemes.. They also include social benefits in cash paid by municipalities in the framework of taking care of family or senior citizens.

      Other current transfers (D.7) - net: the balance between receivable and payable current transfers. They include non-life insurance payments, payments within government, current international cooperation and other current transfers. Non-life insurance is recorded as net non-life insurance (i.e., insurance minus insurance services) and insurance compensation (claims). They exclude transactions linked to life insurance, supplementary pension insurance or general social and health insurance. The current transfers within government comprise non-investment transfers between the state budget and local budgets (e.g., subsidies from the state to local budgets). Usual international cooperation includes transfers between the government and other governments or international organisations (e.g., payments within the European Union and the UN, or food, technical and other assistance). The other current transfers include membership subscriptions and financial support to political, trade union, church and similar institutions, payments for humanitarian purposes (current transfers to non-profit institutions serving households), financial assistance and gifts from relatives, maintenance money, etc. (private international transfers), and other transfers not included above (such as winnings or bets up to the level of winnings, fines, sanction and recourse claims, and various fees to local budgets).

      Disposable income - gross (B.6g) or net (B.6n): results from the creation and distribution of income and is the balancing item of the secondary distribution of income account. It is an amount, which businesses can commission to final consumption and saving, i.e., to accumulation in tangible, intangible or financial assets. Disposable income combined with social transfers in kind (D.63) is referred to as adjusted disposable income - gross (B.7g) or net (B7.n). Besides, the sectors of households and financial institutions (insurance companies and pension funds) include the effect of changes in net equity of households in pension funds (D.8).

      Current external balance (B.12): the result of transactions taking place between resident and non-resident institutional units in primary and secondary distribution of incomes.

      Social transfers in kind (D.63): transfers from general government or non-profit institutions serving households (NPISHs). They refer to the value of goods and services provided, above all, in the form of health and social care, education, housing. They include, among other things, benefits in kind connected to health insurance (amounts for health aids, medical and dental treatment, medical operations, etc. paid by health insurance companies) to providers of such goods and services. They also include benefits in kind provided by municipalities and the value of goods and services amounting to expenditure of general government and non-profit institutions serving households (NPISHs) on individual consumption.

      In national accounts for 1992, the benefits in kind provided by municipalities were included in social benefits in cash; other social transfers in kind of general government and NPISHs were part of final consumption of general government and NPISHs.

      Final consumption is the value of goods and services designed to satisfy individual and collective needs. It is broken down by payer and consumer.

      Final consumption expenditure (P.3): expenditure on final consumption paid from disposable incomes of general government, NPISHs and households. It is split into:

- individual consumption expenditure (P.31): expenditure by general government determined within the scope of free other non-market services in education, health, housing, refuse disposal, culture, sports, etc. and social benefits in kind Final consumption expenditure of non-profit institutions serving households is derived at the level of the free non-market services of these institutions, and the whole of it is considered to be individual consumption expenditure. Individual consumption expenditure of households includes, above all, purchases of goods and market services, calculated rentals for households living in own residential houses, goods produced by households for own consumption (fruits and vegetables), goods and services provided free of charge or at a discount, and purchases of Czech tourists abroad (estimated from the balance of payments figures).

- collective consumption expenditure (P.32) of general government: the difference between the total of free non-market services classified to the general government sector and the non-market output of services for individual consumption.

      The sum of individual consumption expenditure of households, general government and non-profit institutions serving households gives actual final consumption expenditure (P.41).

      Collective consumption expenditure of general government is actual final consumption of general government (P.42). Actual final consumption (P.4) is then equal to the sum of all expenditures on final consumption.

      Change in the net equity of households in pension funds (D.8): is the amount designed to adjust disposable income of households and insurance companies (pension funds) to equalize their savings with changes in insurance technical reserves on the financial account. It is determined as the difference between insurance premiums received and pensions paid.

      Saving - gross (B.8g) or net (B.8n): is the balancing item of use of disposable income account. It is an amount available for acquisition of tangible, intangible, and financial assets (if the saving is positive) or which has to be provided by lowering these assets (if the saving is negative). Total resources of accumulation for different sectors are either bigger or smaller by the effect of capital transfers. In general government, non-profit institutions and households sectors, saving is the difference between disposable income and final consumption. It equals disposable income in other sectors.

      Net capital transfers (D.9): the balance of transfers, which result in change in ownership of tangible, intangible and financial assets on the Capital Account. They include capital taxes (inheritance tax and gift tax; payments for permanent exclusion of agricultural land out of agricultural land resources are part of taxes on production), investment grants and other capital transfers, especially inheritance and gifts of investment nature, privatisation transfers (tangible and financial restitution compensation, free transfers of property except for land) or transfers by virtue of implemented government guarantees.

      Gross fixed capital formation (P.51): includes acquisitions and disposals of tangible (P.511) and intangible (P.512) fixed assets and addition to the value of non-produced non-financial assets (P.513). The acquisitions of fixed assets include new investments, reconstruction, modernization, purchases and free acquisitions of existing fixed assets. The disposals of fixed assets include sales and free transfers of existing fixed assets. Excluded from gross fixed capital formation are expenditures on acquisition of fixed assets worth less than CZK 20 thousand, durables purchased by households, goods bought by government for military purposes, expenditure on R&D, etc.

      Changes in inventories (P.52): include additions to and withdrawals from inventories adjusted for the influence of price changes in the period between the acquisition and use of inventories, which especially applies to materials and assets of gradual consumption, work in progress, semifinished products of own production, finished products and livestock for slaughter, goods for resale, and strategic reserves.

      Acquisitions less disposals of non-produced non-financial assets (K.2): contains acquisitions less disposals of tangible (K.21) and non-tangible (K.22) non-produced non-financial assets. Costs of ownership transfers of non-produced assets (part of gross fixed capital formation P-51) or free transfers of land (recorded in Other changes in assets account – K.121) are not included here. Acquisitions less disposals of tangible non-produced assets are in equilibrium for the whole national economy because all owners of these assets are considered as residents.

      Non-financial assets (AN) include produced and non-produced assets. The produced assets (AN.1) are:
      (a)       tangible and intangible fixed assets (A.11) – i.e. buildings and structures; machinery and equipment; livestock for breeding, dairy, draught, etc., and vineyards, orchards and other plantations of trees yielding repeat products (AN.111) and software and mineral exploration (AN.112),
      (b)       inventories (AN.12), and
      (c)       valuables (AN.13).

      Inventories (AN.12) contain material and supplies intended for intermediate consumption, work in progress, finished goods and goods fore resale. Included are also strategic reserves held by government, constructions reported by producers, and forest standing timber inventories.

      Valuables (AN.13) are no-financial goods acquired and held primarily by their owners as stores of value. They encompass e.g. precious stones and metals, antiques and other art objects, etc.

      Non-produced assets (AN.2) encompass tangible non-produced assets (AN.21) (i.e. land, podzemní zdroje, non-cultivated biological resources, and water resources) and intangible non-produced assets (An.22) (e.g. patented entities, purchased goodwill, etc.).

      Financial assets (F, AF) comprise means of payment, financial claims and economic assets, which are close to financial claims in nature.

      Monetary gold and special drawing rights (F.1, AF.1): monetary gold is a financial asset of the Czech National Bank and part of the CR´s foreign currency reserves. Special drawing rights are international reserves of assets with the International Monetary Fund. Their holders have exclusive and unconditional rights to acquire other reserve assets; they create framework of disposable loans.

      Currency and deposits (F.2, AF.2) comprise the following in national and foreign currencies: currency (notes and coins in circulation that are commonly used to make payments - F.21, AF.21), transferable deposits (deposits on current and giro accounts, savings books without notice, travellers´ savings books - (sight deposits - F.22, AF.22), and other deposits (F.29, AF.29) term deposits or deposits restricted in any other way, including deposit certificates, deposit sheets.

      Securities other than shares (F.3, AF.3): comprise loan securities and similar instruments, especially short-term bills and treasury notes (with maturity up to one year), long-term bills, bonds (whose maturity exceeds one year or is not specified - F.332, AF.332), and data on financial derivatives (F.34, AF.34).

      Loans (F.4): comprise, above all, bank loans (of investment, consumer and mortgage types) and other loans and recoverable financial assistance between institutional units, including relations to the International Monetary Fund or EU member countries (in compliance with the balance of payments). They are divided into (a) short-term loans (F.41, AF.41) with maturity up to one year plus loans repayable on demand and (b) long-term loans (F.42, AF.42) with maturity over one year.

      Shares and other equities (F.5, AF.5): are the share in assets of corporations and quasi-corporations and express the right to receive income from ownership. They refer to the value reported by institutional units as part of their assets, especially as financial investments in enterprises with decisive, substantial or some influence in their management and in their short-term financial assets (intended for trading). Assets of government show a negative item due to the process of privatisation (especially due to voucher privatisation, restitution and direct sale of property). Liabilities include newly issued shares and other shares and equities or registered capital of newly established non-financial and financial corporations. Item F.5, AF.5 is measured broken down into ‘shares and other equities except for mutual funds shares and equities’, i.e. in joint-stock companies (F.51, AF.51), ‘mutual funds shares and equities’ (F.52, AF.52) and ‘other shares and equities’ (F.513, AF.513) in limited liability companies or cooperatives, etc. The item ‘other shares and equities’ (F.513, AF.513) also includes changes in government shares and equities in public (state-owned semi-budgetary organizations classified to the sector of non-financial corporations) enterprises. The split of the item F.51, AF.51 into quoted and unquoted shares (F.511, AF.511 and F.512, AF.512, respectively) has been made since 1999.

      Insurance technical reserves (F.6, AF 6): show changes in the net equity of households in life insurance reserves and pension funds reserves (F.61, AF.61) (i.e., technical reserves for life insurance, insurance claims, payments of financial obligations, payments of yields from resources invested by insurance corporations in the name of the insured, other life insurance reserves) as well as in pre-payments of insurance premiums and reserves for outstanding claims (F.62, F.62) (i.e., reserves for insurance premiums of other periods, insurance claims, settlement of extraordinary risks, bonuses and discounts). This item does not comprise changes in reserves connected to general social and health insurance.

      Other accounts receivable/payable (F.7, AF.7): include trade credits (i.e. payables/receivables from supplier-customer relations) except for advances (F.71, AF.71), and other accounts receivable/payable (F.79, AF.79), which are not accounted for in other items of the financial account and are related, e.g. to taxes, social contributions, interest, wages, etc.

      Net lending (+) / net borrowing (-) (B.9): amount that a given sector can lend to or has to borrow from another sector. For the whole national economy, net lending (+)/net borrowing (-) equals to net resources that the economy made available to or borrowed from the rest of the world. The item B.9 is the balancing item of the capital account and should correspond to the same item in the financial account, where it shows total changes in financial assets and liabilities. As a rule, there is a statistical discrepancy between the two balancing items, though. It reflects inaccuracies, errors, mistakes and the use of different information sources involved in compiling and processing figures shown in financial statements or statistical questionnaires. The influence of knowledge and experience of methodology for individual items has its say here too. However, the most significant cause of the discrepancy is the lack of information on securities and the process of privatisation. In the process of balancing, the statistical discrepancy was dissolved into all items of the financial and non-financial assets included in the other changes in volume of assets account.

Valuation

      Because of transport costs, trade margins and taxes less subsidies on products, the producer and the user of a given product usually perceive its value differently. In order to be as close to the views of the transactors as possible, the system records all uses at purchaser prices, which include transport costs, trade margins and taxes less subsidies on products, while output is recorded at basic prices, which exclude these components. Total imports and exports are valued at the exporter’s customs frontier, or free on board (fob). Foreign transport and insurance services between the importer and exporter’s frontiers are not included in the value of goods but are recorded under services.

      Basic price is the price receivable by the producer from the purchaser for a unit of a good or service produced as output minus any tax payable on that unit as a consequence of its production or sale (i.e. subsidies on products). It excludes all transport charges invoiced separately by the producer. It includes all transport margins charged by the producer on the same invoice, even if they are included as a separate item on the invoice.
      Purchaser price is the price the purchaser actually pays for a product at the time of purchase. It is composed of the basic price plus and minus the following items:
      plus any taxes less subsidies (but excludes deductible taxes like VAT on the products),
      plus any transport charges paid separately by the purchaser to take delivery at the required time and place,
      minus deductions for any discounts for bulk or off-peak purchases from standard prices or charges,
      minus interest or services charges added under credit arrangements,
      minus any extra charges incurred as a result of failing to pay within the period stated at the time the purchases were made.

      This valuation is in compliance with the methodology of the European system of accounts 1995 (see Chapter 1 (points 1.54 and 1.55) and Chapter 3 (points 3.06 and 3.48) of the ESA95 for details).

Notes on tables

Tables 5-1 to 5-17. Indicators on income creation, distribution and use and on assets and liabilities

      Goods and services account (Tables 5-1 and 5-2) shows the real flows of goods and services in the economy. It covers total resources (output and imports) of goods and services and their use broken down into intermediate consumption, final consumption, gross capital formation (of fixed capital, including valuables and changes in inventories) and exports. It also records taxes and subsidies on products, as the output is valued at basic prices and uses at purchaser ones.

      There is no balancing item in the account - the account is balanced. It is part of the national accounts for the national economy as a whole.

      The values for 2002 are the sum of quarterly estimates of GDP produced and used and will be revised as annual national accounts are compiled.

      Tables 5-3 to 5-17 present in the form of time series an overview of key macroeconomic indicators for total economy as well as broken down into industries and institutional sectors. They characterize non-financial transactions (transactions in goods and services, distributive and capital transactions) and financial ones. They also show the relation to the rest of the world, net worth, including its changes, non-financial and financial assets, and liabilities.

      Tables 5-18 and 5-19 present in the form of time series an overview of indicators which affect the deficit and debt of the general government sector and the deficit and debt of general government broken down by subsector. The definition of the government deficit and debt complies with international standards and regulations of the EU bodies.

      The deficit of general government is the amount of net borrowings (-B.9)of general government; the amount of net lendings (+B.9) would mean a surplus of general government budgets. The data for 1995 exclude the effect of voucher privatisation (CZK 143 447 million). The items D.7 and D.9 are consolidated – i.e., transfers within subsectors of general government are not counted in. The item D.4 is not consolidated due to the absence of data.

      The government debt (in terms of book value) is the sum of payables resulting from received currency and deposits, issued bills and securities other than shares, and received loans and recoverable financial assistance (AF.2+AF.33+AF.4).

      Tables 5-20 to 5-24 provide a rather detailed view of the industrial structure of non-financial assets and their volume, acquisitions, disposals, holding gains/losses, and ‘other changes in volume’. In the fixed capital balance, the fixed assets figures are given in terms of current purchaser prices reduced by cumulated fixed capital consumption, i.e. in terms of net (book) replacement costs (costs at which the fixed asset is acquired when it is placed to account.)
      Fixed capital consumption (K.1) is the reduction in the value of fixed assets due to wear and tear and obsolescence.

      Holding gains/losses (K.11) show a change in the value of assets (of both liabilities and net worth) resulting from changes in the level and structure of prices.

      Other changes in the volume of assets (K.3 to K.10 and K.12) record the impact of extraordinary and unpredictable events on the volume of assets. National accounts record the economic appearance of non-produced assets such as economic appearance of non-produced assets (K.3) and of produced assets (K.4), natural growth of non-cultivated biological resources (K.5), economic disappearance of non-produced assets (K.6) such as depletion of natural (economic) assets, catastrophic losses (K.7), uncompensated seizures (K.8), other volume changes in non-financial assets n.e.c. (K.9) (e.g. losses due to fire, theft or losses on insect-infested inventories). Included are also other changes in volume due to changes in classifications (to sectors) and structures (of institutional units) (K.12).

      Accounts recording holding gains/losses accounts and other changes in the volume of non-financial assets including data concerning financial assets are included in the separate publication Revised National Accounts of the CR.

Tables 5-25 and ,b>5-26. Supply and use tables

      Supply and use tables are one of the fundamental types of tables in the system of input-output tables. They are matrices broken down by kind of activity and commodity and describe the process of domestic production and transactions in commodities (goods or services) within the national economy and in relation to the rest of the world. Principally, they break down goods and services account and production account by commodity.

      The supply table records production of goods and services by commodity (CZ-CPA) within individual industries (kinds of activity). The table is compiled at basic prices. The total line corresponds to the output data recorded for the whole economy in production account; shown here are also data on the splitting of the output into market output, output for own final use and other non-market output.

      The use table shows uses of goods and products by commodity and type of use - i.e. as intermediate consumption (in individual economic activities) and as final use components (final consumption expenditure by households, general government and non-profit institutions; gross fixed capital formation; change in inventories; and exports). The use covers both domestic and imported outputs. All the use items are in terms of purchaser prices. The table lines record the structure (way) of the use of a given commodity division, the columns show the commodity structure of intermediate consumption in economic activities (industries) or final use components. The total line of the intermediate consumption matrix corresponds to the intermediate consumption data recorded for the whole economy in production account. The totals of final use columns correspond to the individual items of goods and services account. The table also presents data on gross value added by economic activity.

      The identical valuation in the tables of supplies (basic prices) and uses (purchase prices) is achieved by means of trade and transport margins and taxes and subsidies on production. These vectors are shown as supplementary columns in final use. The value of imported output by commodity is also included.

      The table headings use the national Industrial Classification of Economic Activities (CZ-NACE) itemized by section and subsection or aggregations thereof. The final use is broken down by individual type of use. Included in the headings (in columns) are also trade and transport margins, taxes, subsidies and imports.

      The legend uses aggregation of items of the national Standard Classification of Production (CZ-CPA). The aggregation corresponds to the aggregation used for economic activities (industries). Attached here are also lines for value added components.

      Other information on annual accounts (compiled for 1992 to 2002) is available in the publications “National Accounts” compiled for 1992 to 2003 and brought out by the CZSO in 1995 to 2003. The time series of revised versions of national accounts for 1995 to 2000, definitive version of national accounts for 2001 and semi-definitive version for 2002 are part of the publication “Revised National Accounts” (incl. time series) brought out in the third quarter of 2004.