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Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

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Page 1: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

Statistical Office of the Republic of Serbia

SURVEY“STRUCTURE OF INCOME AND

EXPENDITURES OF ECONOMIC SUBJECTS”

Belgrade, 06/10/2015

Page 2: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

•Represents the most comprehensive business survey conducted by Statistical Office of the Republic of Serbia

•Conducted by interviewing method in the period from 2nd April to 29th June 2012

•Recruited are about 400 interviewers chosen in a public competition and about 100 controllers from the Statistical Office of the Republic of Serbia

•The questionnaire is filled in by the interviewer in cooperation with the accountant of the business entity

INTRODUCTORY REMARKS

Page 3: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

SUBJECT OF THE SURVEY

•Structure of tangible and intangible costs and operating expenditures of economic subjects, their operating income and other value indicators of their operations in 2011 at the detailed level of the Classification of Products by Activity (СРА) •The following data were collected:

oRevenues from the sales of productsoRevenues from the sales of commercial goods – resale of goodsoTrade margin rate or the realized price differenceoRevenues from the sales of productive and nonproductive services, including sub-contracting services

oCosts of material – value of the used material inputsoCosts of productive and non-productive servicesoStocks at the end of the accounting period

Page 4: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

SCOPE OF THE SURVEY

•The survey covered the following business entities:oEnterprises of all type of ownership, legal form and sizeoNon-profit institutions, social organizations, sociopolitical organizations, societies, associations, charities, trade unions and other legal entities that submit annual financial statements for the “other legal entities”

oBudgetary users – direct and indirect (government bodies, public agencies, institutions, etc.)

oBusiness entities providing financial servicesoUnincorporated enterprises

Page 5: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

SCOPE OF THE SURVEY

Scope Type of business entities Number of units

Full scope Large incorporated enterprises 493

Medium incorporated enterprises 2138

Sample

Small incorporated enterprises 4454

Micro incorporated enterprises 4875

Auxiliary financial institutions 325

Non profit institutions 1822

Unincorporated enterprises 2000

Budgetary users 1520

Total 17627

Page 6: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

RESPONSE RATE, %

93.2

0.23.23.3

Interviewed

Refused cooperation

Inactive, bankruptcy and other

not found at the address

Page 7: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

IMPORTANCE OF THE SURVEY

• The survey has provided the data which enable observing the structures of the production processes’ inputs and outputs of all the activities of the national economy

• The share of trade turnover – income from sales of merchandise compared to the total operating income (the ratio between turnover from trading activities and total operating income excluding subsidies and donations received)

• For efficiency analysis by determinantion Ratio of total expenses to total income (including income from subsidies and donations)

Page 8: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

Page 9: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

RESULTS OF THE SURVEY

Presented are folowing results by industries and size of business entities, separately for large, medium, small and micro enterprises as well as for unicorporated enterprises:

• The most important groups of products and services in the structure of income – total and by size class

• The ratio between turnover from trading activities and total operating income

• Ratio of total expenses to total income

Page 10: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

IMPORTANCE OF THE SURVEY

• In addition, the data that have been collected by this survey are the basis for the creation of initial Supply and Use Tables

• The Supply and Use Tables represent inevitable and irreplaceable tool for a sophisticated macroeconomic analysis, design, monitoring and evaluation of economic and structural policies

• They are of importance for the calculation of the “theoretic VAT” that helps in calculation of the contribution of each Member State to the EU budget while simultaneously observing the scale of the non-observed economy and tax evasion

Page 11: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

IMPORTANCE OF THE SURVEY

• Supply tables show:•The value of production of goods and services available for different

forms of consumption

•How much domestic manufacturers produce certain groups of products and services, and how much the same products are imported

• Use tables show:

• What are the needs of the individual activities for certain inputs

• How much goods and services are consumed for production purposes and investments, and how much for the purposes of final consumption

Page 12: Statistical Office of the Republic of Serbia SURVEY “STRUCTURE OF INCOME AND EXPENDITURES OF ECONOMIC SUBJECTS” Belgrade, 06/10/2015

www.stat.gov.rs / [email protected]

Contact

Statistical Office of the Republic of SerbiaNational Accounts DepartmentRade Ćirić[email protected]: 011 2412-922/256

Information and dissemination [email protected]: 011 2401-284

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