SBR Netherlands Taxonomy Meeting Omani Delegation September 10, 2012

SBR: multi domain and cross agency taxonomy Single taxonomy framework Authority Z Company Authority Y Company Company request Authority X Company Systems Systems XBRL report XBRL report XBRL report Standard Business Reporting Program A Netherlands government initiative

XBRL: 3 levels of standardization Taxonomy Taxonomy architecture XBRL specification Standard Business Reporting Program A Netherlands government initiative

Taxonomy architecture Because the XBRL spec. 2.1 is flexible you have many solutions for one problem multi domain multi agency XBRL projects have different goals. We believe that taxonomy design should be based on our project goals. glue the taxonomy pieces together ‘plug and play’ new extensions Standard Business Reporting Program A Netherlands government initiative

Netherlands Taxonomy has a layered structure reports domain specific national international Standard Business Reporting Program A Netherlands government initiative

Core taxonomy and extensions are not static Processes Adding new domains Normalization Harmonization Standard Business Reporting Program A Netherlands government initiative

SBR taxonomy building principles: hierarchy The taxonomy is a proper representation of legislation and rules Always choose the option that reduces the regulatory- and reporting burden for business facilitate mapping facilitate instance creation Design (and modularize) the taxonomy to support use and re-use of elements and components Architecture facilitates taxonomy maintenance with coherance and consistency Comply with relevant established international ‘best practices Standard Business Reporting Program A Netherlands government initiative

Legislation & Rules Financial Reporting GAAP Definitions European legislation Tax legislation Elements Tax filing Financial Statement Statistical filing Reports Standard Business Reporting Program A Netherlands government initiative

“You get the taxonomy you deserve” Wrap up ... The taxonomy is not about evolution, it’s intelligent design The taxonomy reflects our legislation and rules Its design is based on our project goals “You get the taxonomy you deserve” Standard Business Reporting Program A Netherlands government initiative

Standard Business Reporting Program A Netherlands government initiative www.sbr-nl.nl info@sbr-nl.nl Sebastiaan Bal SBR Netherlands sebastiaan.bal@logius.nl Standard Business Reporting Program A Netherlands government initiative