1. The Finance Team Government Finances

2. Who are we and what do we do? Consists of 8 persons Non-financial accounts for the financial sector, quarterly and yearly Financial accounts, yearly FISIM Dividends Statistics on money and capital market

3. Email Encrypted Formal arrangement Homepages Greens Email Formal arrangement The Central Bank Danish financial supervisory authority Annual reports Validation of data by: -comparing the data from the different sources -following the daily news -looking at time-series Non financial accounts Financial accounts Sources Other statistics Collection of data from large finance companies

4. FISIM sources Calculate FISIM on a quarterly basis. Sources –central bank – the MFI’s interests and balances with counterpart information –Consumer credit –Large finance companies –Financial accounts, rest of the world

5. FISIM - revisions Three currencies –DKK, EUR and everything else. Two maturities –information available from the current sources from 2003 and onwards – backward calculation to 1966 Risk –the central bank has some information, but it is very poor

6. Dividends Yearly - Annual Reports for the financial sectors - Accounts Statistics for households and non-financial sector Quarterly - Securities Statistics from the Central Bank Used by National Accounts office We do not compile for rest of the world and general government

7. Insurance - revision of output Current calculation: –Life/Pension: sum of costs –Non-life: premiums + supplementary premiums – claims Revised calculation: –Life/pension: sum of costs –Non-life: premiums + supplementary premiums – adjusted claims or sum of costs Sources: Financial supervisory authority

8. Publication The finance team only publish the annual financial accounts. The non-financial accounts, FISIM and dividends are used as input in the final sector accounts in the National Accounts office.