1. 1 ESSnet on EuroGroups Register EGR first cycle in 2009: quality results Item 1: Presentation of the EGR project 4th ESSnet Workshop on the EuroGroups Register (EGR) Rome 27th – 28th April 2010

2. 2 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Purpose of this presentation: to describe the progression of the work during the cycle to show some figures which reflect the quality of data to give information about the amount of work, which was done by EGR, NSAs and ESSnet

3. 3 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

4. 4 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Data from private sources In total 835 856 records acquired From Bureau van Dijk (BvD) 505 560 records of LeUs which belong to the 5425 MNEs From Dun and Bradstreet (DnB) 330 296 records of LeUs which belong to the 5000 MNEs

5. 5 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs by source

6. 6 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs by the country of group head (I)

7. 7 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs by the country of group head (II)

8. 8 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Availability of main variables by source (%) BvDDnB NATIONAL_ID7380 Address6998 NACE6293 Employment3973 Turnover41100 Immediate parent link85100 UCI80100

9. 9 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

10. 10 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of LeUs by source

11. 11 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of LeUs by the country (I)

12. 12 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of LeUs by the country (II)

13. 13 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

14. 14 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome 1st data exchange: NSAs linked units in datasets to units in their registers NSAs evaluated the quality of the national ID using following quality labels: –confirmed –accepted –changed –not in stated country –not known –added Quality report consisted of 2 parts: –Completeness of private supplier data by source –Quality of national ID in private databases by source

15. 15 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome BvD records that omit National ID, by country

16. 16 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

17. 17 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome DnB records that omit National ID, by country

18. 18 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

19. 19 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Quality of National_ID in BvD and in DnB BvD DnB

20. 20 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

21. 21 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

22. 22 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome 2nd data exchange: NSAs processed LeU and Rel datasets Task 1: NSAs confirmed STATUS of LeUs Codes of STATUS of LeU: –A (active) –D (duplicate) –L (liquidated legal unit, if liquidated before 1.1.2009) –I (inactive) –U (status unknown) Task 2: NSAs updated data of LeUs

23. 23 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Task 3: NSAs confirmed relationships between resident unit and foreign parent NSAs were asked to assign codes of Relationship: –N (not confirmed) –A (active) –C (ceased), if relationship existed in the past –W (wrong), if relationship never existed –U (unknown) Task 4: NSAs added missing legal units and relationships

24. 24 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Quality report had two purposes: –to evaluate completeness of the consolidated data from sources –to summarize the workload placed on countries The template consisted of two parts: I.For consolidated legal units II.For relationships NSAs asked to provide the number of LeUs and relationships they received and returned first by residency and second by status

25. 25 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Adding of the new LeUs In case of Wrong or Ceased relationship NSAs could add a new parent-LeU if it was: –In the scope of data acquired from private sources –a residents of own country –a resident of Non EU31 countri AND has BvD or DnB number LeUs added by NSAs: In total6642 (+2%) – NSA residents5358 (+2%) – Other EU 31 residents 474 (+1%) – Non EU 31 residents 816 (+5 %)

26. 26 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Adding of new relationships New Relationships added by NSAs: Immediate parent: – NSA resident18 009 (+7%) – Other EU 31 residents 3942 (+1%) – Non EU 31 residents 1 070 (+6%)

27. 27 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Quality of LeUs data in private sources

28. 28 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Quality of RELs data in private sources

29. 29 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Quality of RELs data in private sources by country

30. 30 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Problems in 2nd data exchange The task was very time-consuming Problem with assigning of some quality labels Use of different reference date of ownership links

31. 31 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

32. 32 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs in sources and in the Preliminary Frame

33. 33 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs in sources and in the Preliminary Frame by the country of group head (I)

34. 34 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs in sources and in the Preliminary Frame by the country of group head (II)

35. 35 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of LeUs in sources and in the Preliminary Frame

36. Number of LeUs in sources and in Preliminary Frame by the country (I)

37. Number of LeUs in sources and in Preliminary Frame by the country (II)

38. 38 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome The impact of two sources on the Preliminary Frame DNB only 20.9% BVD only 30.9% From both sources 47.8% NSAs 0.5%

39. 39 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

40. 40 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome NSAs validated UCIs of the 500 most significant MNEs and identified UCI special cases Top MNEs and UCI special cases were identified by a written consultation with NSAs Criteria used for the topp MNE list: –the European employment of the MNE >12000 (data of DnB) –the number of countries where subsidiaries are located is >= 5 –the cluster has > 10 member units NSAs were enabled to identify their most important MNEs as TOP even if the criteria were not met Over 500 top MNEs were identified in the EGR

41. 41 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Results of written consultation of Top MNEs Between the top MNEs 65 are special cases For 23 MNEs the UCI became different from the global group head

42. 42 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

43. 43 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome 3rd data exchange: NSAs validated MNE structures, determined GDC and RU, added the Enterprise Task 1: NSAs corrected group structures that are incorrect Task 2:NSAs confirmed the UCI of 5000 MNEs Task 3: NSAs added Enterprise data

44. 44 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Results of the 3rd data exchange (I) Task 1: NSAs corrected group structures that are incorrect 23 countries repaired group structures. Of which: –Added new Active relationships 3255 –Removed Ceased relationships 343 –Removed Wrong relationships 461

45. 45 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Results of the 3rd data exchange (II) Task 2: NSAs checked and validated UCI/GDC: –UCI/GDC = GGH 6136 (96,6%) –UCI/GDC <> GGH 214 (3,4%) More detailed view with reporting unit: –GGH = GDC = RU 6091 (95,9%) –GGH = GDC <> RU 45 (0,7%) –GGH <> GDC = RU 213 (3,4%) –GGH <>GDC <> RU 1 In case of Top MNEs 26 have a different UCI out of 499 (5,2%), 7 are located in a different country (1,4%)

46. 46 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

47. 47 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome

48. 48 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs in sources and in the Preliminary and Final Frame

49. 49 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs in sources and in Preliminary and Final Frame by the country of group head (I)

50. 50 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of MNEs in sources and in the Preliminary and Final Frame by the country of group head (II)

51. 51 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of LeUs in sources and in the Preliminary and Final Frame

52. 52 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of LeUs in sources and in Preliminary and Final Frame by the country (I)

53. 53 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Number of LeUs in sources and in Preliminary and Final Frame by the country (II)

54. 54 ESSnet on EuroGroups Register EGR Workshop, 27 - 28 April 2010, Rome Conclusions I. Quality of Input: Private sources data basis for EGR first priority right strategy for co-operation main problem timeliness and coverage main task management of the differences II. Quality of Process: first priority needs to be developed main problem planning of the resources main challenge development of technical solutions main task management of the changes III. Quality of Output Population most significant MNEs in Europe UCI certified Composition by LeUs has weaknesses

55. 55 ESSnet on EuroGroups Register Thank you for your attention