The Danish XBRL projekt 1: Background 2: Why XBRL and what do we hope to achieve 3: Challenges and opportunites 4: Key partners 5: Key elements 6: The solution – and a live presentation 7: The next steps 8: Questions

Background  What is DCCA?  paper based class B annual reports  Stored as GIF files (pictures)  No data mining  No validation  No interfaces for our partners  Year 2000 a xml reporting form, no data storage  Year 2003 XBRL upload solution and a XBRL reporting form, for parts of the annual report, storage in PDF format  Year 2007 a full-scale XBRL solution for the Danish class B annual reports

Why XBRL and what do we hope to achieve  Open international standard for financial data  Maintained by and international non profit consortium  We expect that the companies, the financial sector and the public sector will generate significant cost savings when XBRL is used for both internal and external reporting.

Workflow anual reporting to day From digital to paper ERP-system Accountants system From digital to paper From paper to digital DCCA recieve DCCA store From digital to paper From paper to digital DCCA publish From digital to paper AccountantCompany DCCA

Challenges and opportunites  The anual report - Not a fixed format  Many different auditor’s statements – a lot of text  Concervative ”costumers”  No software vendor with XBRL expertise/experience in Denmark  Moving target, no specification of requirements  The XBRL style sheet is invented  A customised standard reporting system  Development - a co-operation between user (datasuplier), softwarevendors and DCCA  The system complies with our SOA architecture

Key elements  The taxonomy  Instant documents  Style sheet  The digital signature (certificate)  The DRP- platform  Our portal setup

The taxonomy  Based on EU's 4. and 7. accounting directives (profit and loss and balance sheets) and generally accounting practice in Denmark for small companies (mainly notes).  It includes a full annual report and contains the following sections: statement by the board of executives and board of directors, independent auditors report, executive report, accounting policies, profit and loss, balance sheet and notes.  Our taxonomy for small companies is approximately 2900 lines and includes both danish and english texts.  Link to the taxonomy

Key partners  The Danish statistic agency (Statistics Denmark)  The Danish tax authorities (Skat)  BDO - a Danish accountant company  Software AG and Capgemini  XBRL - Denmark

The solution Service Orchestrator DRP xbrlValidator Tamino drp-metadata Tamino drp-xbrl21 Tomcat CentraSite Webservice WSDL Jboss portal Mule ESB Webservice DST Webservice Skat Webservicecall revireg Webservice OCES chek TDC Selvservice and publishing portlet BPEL orchestrator Webservice external reporting system Apache Web Server Security- ssl EogS server certifikat

Presentation  A live presentation of the solution

The next steps  Extend the taksonomi  Develop the solution further  Integrate with the coming ”Public user and digital rights management system”  Spread the ”word”  Facilitate the use of XBRL in both the B to G and B to B sector.

Questions  Nils-Bro Müller :  