Statistical Yearbook of the Czech Republic

 

Market service - methodology

Contents
A. FINANCIAL INTERMEDIATION

This subchapter presents basic information on enterprises whose principal activity classifies them to the following CZ-NACE divisions:


    65 - Financial intermediation, except insurance and pension funding
    66 - Insurance and pension funding, except compulsory social security
    67 - Activities auxiliary to financial intermediation

The data included in this subchapter were obtained in annual surveys. For some indicators, however, information acquired through quarterly surveys was used. The statistical surveys taken in enterprises with financial intermediation as their principal activity (CZ-NACE 65 to 67) are of the exhaustive type and cover all incorporated entities irrespective of the number of employees.



Notes on tables


Table 20-1. Basic indicators on financial banking institutions

Some financial indicators on institutions classified to CZ-NACE Group 65.1 are given. The institutions covered are commercial banks including savings banks. The data also include the Czech National Bank. The financial indicators are defined with reference to the chart of accounts for banks.


Table 20-2. Basic indicators on financial non-banking institutions

Information characterizing incorporated enterprises classified to CZ-NACE Group 65.2 and CZ-NACE Division 67 is given. It particularly covers investment funds, investment companies, financial leasing companies, factoring companies, stockbrokers, insurance brokers and other financial non-banking institutions. These entities keep accounts according to the chart of accounts for banks or businessmen.


Table 20-3. Basic indicators on insurance institutions

Included in this table is information on enterprises classified to CZ-NACE Classes 66.01 and 66.03 - i.e. insurance companies specialized in life insurance, various kinds of non-life insurance, or combined insurance companies (providing life and non-life insurance). The financial indicators are defined according to the chart of accounts for insurance companies.


Table 20-4. Basic indicators on pension funds

Pension funds carrying out pension funding (with contributions from the state) are classified to CZ-NACE Class 66.02 and keep their accounts according to the chart accounts for banks.


Table 20-5. Tangible fixed assets financially leased: basic indicators, by CZ-NACE

The table shows data aggregates on tangible fixed assets acquired on financial leasing, broken down by CZ-NACE activity. The data were obtained from an exhaustive annual survey on the volume of tangible fixed assets leased by leasing companies or other companies also engaged in financial leasing.


Definitions of employment indicators, methodological description of financial indicators and definitions of sales indicators can be found in Chapters 10. Labour Market, 16A. Industry and 18. Trade, Hotels and Restaurants, Tourism, respectively.




The values of some indicators (financial expenses, financial revenues) for the years 2002 and 2003 are not fully comparable with the values for 2001 due to amendments to the accounting methodology of banks and non-banking monetary institutions.

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Details on the economic results for individual groups of enterprises engaged in financial intermediation can be found in the following CZSO publications brought out according to the Catalogue of Publications 2005 under group 9 - SERVICES, subgroup 94 - Financial Intermediation:
  • “Economic Results of Monetary Institutions (Banking and Non-banking)” (Czech-English) - quarterly in June, September, December 2005 and April 2006
  • “Economic Results of Insurance Companies and Pension Funds” (Czech-English) - quarterly in June, September, December 2005 and April 2006
  • Rather a detailed survey of financially leased tangible fixed assets broken down by CZ-NACE activities can be found in the following CZSO publication brought out according to the Catalogue of Publications 2005 under group 5 – MACROECONOMY, subgroup 52 – Investment:
  • „Finanční leasing v letech 2002 – 2004“ – October 2005.



B. OTHER MARKET SERVICES

This subchapter presents basic information on enterprises whose principal activity classifies them to the following CZ-NACE economic activities

    70 - Real estate activities
    71 - Renting of machinery and equipment without operator and of personal and household goods
    72 - Computer and related activities
    73 - Research and development
    74 - Other business activities
    75 - Public administration and defence; compulsory social security
    80 - Education
    85 - Health and social work
    90 - Sewage and refuse disposal, sanitation and similar activities
    91 - Activities of membership organizations n.e.c.
    92 - Recreational, cultural and sporting activities
    93 - Other service activities.

The data included in this subchapter were obtained from annual surveys. Data on enterprises employing rather small number of people are obtained by sample surveys. Exhaustive surveys are usually conducted in enterprises with 20+ employees.



Notes on tables


Tables 20-6. to 20-11. Other market services

These tables list basic indicators for entities classified to CZ-NACE Divisions 70 to 93. They cover incorporated legal persons as well as natural persons running their businesses under trade or other licence. Included in other market services are only entities whose aim is to make profit, while a considerable part of entities classified to these economic activities (especially to education, health service, research and development, public administration, culture, etc.) belongs to the non-business sphere (government departments, semi-subsidized organizations partially financed from state and local budgets, and non-profit organizations). Data that characterise this sphere of the economy can be found in other chapters of the Yearbook.


Definitions of employment indicators, methodological description of financial indicators and definitions of sales indicators can be found in Chapters 10. Labour Market, 16A. Industry and 18. Trade, Hotels and Restaurants, Tourism, respectively.




Several methodological changes took place in 2000: data on housing cooperatives and cooperatives of owners of dwellings and houses ceased to be included in market services, and available administrative sources have been used since to identify activities of enterprises. For these reasons the data published in the previous editions of the statistical yearbook, covering the period before 2000, are not fully comparable in terms of methodology.

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Other information related to CZ-NACE Divisions 70 to 93 can be found in the following publications brought out according to the Catalogue of Publications 2005 under group 9 – SERVICES, subgroup 90 – Market Services:
  • “Market Services” (Czech-English) – quarterly in June, September, December 2005, and March 2006
  • “Economic Results in Market Services 2001-2003” (Czech-English) – September 2005