XBRL at Statistics Netherlands• Why XBRL• XBRL

instance documents Taxonomies

• Combining taxonomies• Pioneering in XBRL: XBRL projects at

Statistics Netherlands

Reasons for XBRL

Reasons for XBRL

XBRL structure

– Instance documents• XML file that contains business reporting

information as XBRL elements • Collection of administrative facts using

tags from one or more taxonomies • Examples of instance documents include:

annual financial statement encoded in XBRL

file containing the figures from a company earnings release

file containing a large number of ledger transactions

Instance

Basic taxonomy structure

IASB Primary Financial Statements (PFS)Taxonomy

XBRL Taxonomies: relationships

•

IASCFPFS

IASCFEDAP

Imports

NationalExtensions

SectoralExtensions

National, sectoralExtensions

Business ExtensionsEntity Instance

Document

XBRL Global Common.Doc.

Statistics Netherlands: Pioneer in XBRL

– Solving the chicken-egg problem: demanding an XBRL-format

• Opportunity: EMU-harmonisation of sub national governmental financial reporting

• SN, Association of Waterboards and Semansys

• Commitment from: Software providers Water boards

• End of 1st Quarter of 2004: XBRL reporting

Design issues

– Naming conventions– Attributes:

• Weight• Balance• Tuple/Item• Data type• (stock/flow, order)

– Hierarchy• Definition, calculation, presentation

Design issues

– Representing matrices– Context designs– Using the Global Common Document

XBRL at Statistics Netherlands:Municipalities and provinces

– Same path as for Water Boards• Association of Municipalities very

interested

• Main software suppliers municipalities very interested

• Plans on obliging XBRL-formatted quarterly financial reporting

• Provinces interested (both in data collecting role as data providing role)

Other XBRL developments at SN

– Particpating in XBRL-NL taxonomy working group

• Establishing/ describing overlap Statistical meta data – Dutch Taxonomy

– Research project: using XBRL/GL for Statistical reporting

– SAP?

Other XBRL developments at SN (continued)

– Standardized Electronic Statistical Reporting• Retail and catering branche

Brought together:– Statistics Netherlands

– Administrative offices

– Software suppliers

– Branche associations

– Branche members

Conclusion: pilot-project for yearly, maybe monthly reporting

The future….

– XBRL version 2.1: possibility of creating classifications

– Development of national taxonomies: coordination required: extensions taxonomies!

– Linking XBRL-GL and XBRL-FR– XBRL imports– Monitoring retrieval process