Balance sheets for financial assets and liabilities (stocks)



Balance sheets for financial assets and liabilities (stocks) for 2018, non-consolidated
(Million levs)
  Sectors Total economy Non-financial corporations Financial corporations General government Households and NPISH1 Rest of the world
ESA 2010 codes S.1 S.11 S.12 S.13 S.14+S.15 S.2
Stocks of financial instruments ESA 2010 codes              
Financial assets AF.A   572 194 188 827 196 478 32 993 153 896 101 936
Monetary gold and SDRs AF.1   4 306 NaN 4 306 NaN NaN 3 182
Monetary gold AF.11   2 848 NaN 2 848 NaN NaN 1 724
Special drawing rights (SDRs) AF.12   1 458 NaN 1 458 NaN NaN 1 458
Currency and deposits AF.2   159 524 40 737 53 290 12 442 53 056 34 675
Currency AF.21   18 508 14 827 2 508 5 1 168 1 183
Transferable deposits AF.22   67 074 20 833 27 870 3 329 15 042 12 338
Other deposits AF.29   73 943 5 077 22 912 9 107 36 846 21 155
Debt securities AF.3   53 333 428 51 818 669 418 37 282
Short-term AF.31   1 542 45 1 497 0 0 1 474
Long-term AF.32   51 791 383 50 321 669 418 35 808
Loans AF.4   90 911 19 110 69 451 2 020 330 7 398
Short-term AF.41   17 742 1 940 15 577 223 2 1 029
Long-term AF.42   73 169 17 170 53 874 1 797 328 6 369
Equity and investment fund shares/units AF.5   128 119 35 834 11 659 9 495 71 131 8 978
Equity AF.51   124 153 35 650 8 871 9 495 70 137 6 561
Listed shares AF.511   10 554 4 516 3 307 18 2 714 1 720
Unlisted shares AF.512   54 114 13 466 4 559 3 999 32 090 2 014
Other equity AF.519   59 485 17 669 1 004 5 478 35 334 2 827
Investment fund shares/units AF.52   3 966 184 2 789 0 994 2 417
Money market fund shares /units AF.521   NaN NaN NaN NaN NaN NaN
Non-Money market fund shares /units AF.522   NaN NaN NaN NaN NaN NaN
Insurance pension and standardised guarantees AF.6   17 675 973 300 39 16 363 0
Non life insurance technical reserves AF.61   2 943 973 300 39 1 631 0
Life insurance and annuity entitlements AF.62   1 373 NaN NaN NaN 1 373 0
Pension entitlements, claims of pension funds on pension managers and entitlements to non-pension benefits AF6M   13 359 NaN NaN NaN 13 359 0
Pension entitlements AF.63   NaN NaN NaN NaN NaN NaN
Claims of pension funds on pension managers AF.64   NaN NaN NaN NaN NaN NaN
Entitlements to non-pension benefits AF.65   NaN NaN NaN NaN NaN NaN
Provisions for calls under standardised guarantees AF.66   0 0 0 0 0 0
Financial derivatives and employee stock options AF.7   443 69 164 2 208 99
Financial derivatives AF.71   NaN NaN NaN NaN NaN NaN
Employee stock options AF.72   NaN NaN NaN NaN NaN NaN
Other accounts receivable AF.8   117 880 91 675 5 489 8 326 12 390 10 320
Trade credits and advances AF.81   65 906 61 692 1 308 1 260 1 646 5 863
Other accounts receivable, excluding trade credits and advances AF.89   51 974 29 983 4 181 7 066 10 744 4 457
Financial liabilities AF.L   608 771 338 824 202 749 35 721 31 477 139 637
Monetary gold and SDRs AF.1   1 454 NaN 1 454 NaN NaN 1 454
Monetary gold AF.11   NaN NaN NaN NaN NaN NaN
Special drawing rights (SDRs) AF.12   1 454 NaN 1 454 NaN NaN 1 454
Currency and deposits AF.2   130 755 NaN 130 755 NaN NaN 5 906
Currency AF.21   17 325 NaN 17 325 NaN NaN 0
Transferable deposits AF.22   58 056 NaN 58 056 NaN NaN 3 320
Other deposits AF.29   55 374 NaN 55 374 NaN NaN 2 586
Debt securities AF.3   24 650 3 037 1 055 20 558 0 8 599
Short-term AF.31   69 3 65 0 0 0
Long-term AF.32   24 581 3 034 989 20 558 0 8 599
Loans AF.4   130 146 88 253 9 949 6 713 25 230 46 633
Short-term AF.41   19 217 15 754 1 292 66 2 104 2 504
Long-term AF.42   110 929 72 499 8 657 6 647 23 126 44 129
Equity and investment fund shares/units AF.5   185 789 152 659 32 490 2 638 66 647
Equity AF.51   184 194 152 659 30 895 2 638 66 602
Listed shares AF.511   11 994 6 063 5 930 2 0 3 160
Unlisted shares AF.512   83 828 65 320 18 509 0 0 31 729
Other equity AF.519   88 371 81 277 6 456 0 638 31 713
Investment fund shares/units AF.52   1 595 NaN 1 595 NaN NaN 45
Money market fund shares /units AF.521   NaN NaN NaN NaN NaN NaN
Non-Money market fund shares /units AF.522   NaN NaN NaN NaN NaN NaN
Insurance pension and standardised guarantees AF.6   19 327 0 19 327 0 0 1 651
Non life insurance technical reserves AF.61   4 594 NaN 4 594 NaN NaN 1 651
Life insurance and annuity entitlements AF.62   1 373 NaN 1 373 NaN NaN 0
Pension entitlements, claims of pension funds on pension managers and entitlements to non-pension benefits AF6M   13 359 0 13 359 0 0 0
Pension entitlements AF.63   NaN NaN NaN NaN NaN NaN
Claims of pension funds on pension managers AF.64   NaN NaN NaN NaN NaN NaN
Entitlements to non-pension benefits AF.65   NaN NaN NaN NaN NaN NaN
Provisions for calls under standardised guarantees AF.66   0 0 0 0 0 0
Financial derivatives and employee stock options AF.7   495 58 168 269 0 151
Financial derivatives AF.71   NaN NaN NaN NaN NaN NaN
Employee stock options AF.72   NaN NaN NaN NaN NaN NaN
Other accounts receivable AF.8   116 156 94 816 7 552 8 179 5 609 8 596
Trade credits and advances AF.81   66 116 60 841 2 802 1 191 1 282 6 072
Other accounts receivable, excluding trade credits and advances AF.89   50 040 33 975 4 750 6 988 4 327 2 523
Financial net worth BF.90   -36 577 -149 997 -6 272 -2 728 122 419 37 701

1 NPISH - Non-profit institution serving households
NaN - missing data
31.10.2019
Annual Financial Accounts
Contact
Contact organisation

National Statistical Institute

Contact organisation unit

Financial National Accounts Department

Contact name

Peter Kamenov

Desislava Malinkova

Milena Georgieva

Contact person function

Head of unit

State expert

State expert

 

Contact mail address

2, P. Volov Str.; 1038 Sofia, Bulgaria

Contact email address

[email protected]

[email protected]

[email protected]     

Contact phone number

+359 2 9857 516

+359 2 9857 192

+359 2 9857 708

Contact fax number
Metadata update
Metadata last certified31 October 2019
Metadata last posted31 October 2019
Metadata last update31 October 2019
Statistical presentation
Data description

Annual national financial accounts reflect the balances of stocks and flows by institutional sectors of the economy: Non-financial corporations (S.11); Central Bank (S.121); Other monetary financial institutions (S.122+s.123); Non-Money-Market Investment Funds (S.124); Other Financial intermediaries, except insurance corporations and pension funds, financial auxiliaries and captive financial institutions and money lenders (s.125+s.126+s.127); Insurance companies and pension funds (S.128+s.129); General government (S.13); Households (S.14); Non-profit institutions serving households (S.15); Rest of the world (S.2). Balancing item is a net lending / net borrowing. Taxes and social security contributions are calculated using the method of time-adjusted cash basis in accordance with Regulation (EC) № 2516/2000 on taxes and social security contributions.
 

Classification system

• European system of national and regional accounts, 2010 (ESA 2010);
• Manual on government deficit and debt - implementation of ESA 2010.

Sector coverage

All institutional sectors of ESA 2010.

Statistical concepts and definitions

• European system of national and regional accounts, 2010 (ESA 2010);
• Manual on government deficit and debt - implementation of ESA 2010.

Statistical unit

Enterprise.

Statistical population

Financial instruments by Institutional sectors.

Reference area

Financial indicators for all domestic sectors of economy (S.1) and Rest of the world (S.2)

Time coverage

Stocks - 1995 - 2018; Transactions - 1996-2018.

Base period

Not applicable.

Unit of measure

Million BGN

Reference period

Year.

Institutional mandate
Legal acts and other agreements

• Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union;
• Commission implementing Regulation (EU) No 724/2014 of 26 June2014 on the interchange standard for the transmission of data required under Regulation (EU) No 549/2013 of the European Parliament and of the Council on the European system of national and regional accounts in the European Union
•Council Regulation (EC) No 479/2009 of 25 May 2009 on the application of the Protocol on the excessive deficit procedure annexed to the Treaty establishing the European Community;
• Council Regulation (EU) No 679/2010 of 26 July 2010 amending Regulation (EC) No 479/2009 as regards the quality of statistical data in the context of the excessive deficit procedure;
• Commission Regulation (EU) No 220/2014 of 7 March 2014 amending Council Regulation (EC) No 479/2009 as regards references to the European system of national and regional accounts in the European Union (applies since 1 September 2014).

Data sharing

According Eurostat transmission program.

Confidentiality
Confidentiality - policy

• Law on Statistics;

• Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

• Regulation (EU) 2015/759 of the European parliament and of the Council of 29 April 2015 amending Regulation (EC) No 223/2009 on European statistics

Confidentiality - data treatment

Individual data are not published in accordance with article 25 of the Law on Statistics. The distribution of individual data can be performed only in accordance with article 26 of the same law.

Release policy
Release calendar

The date of publishing of the statistical data is shown in the Release Calendar presenting the results of the statistical surveys carried out by the National Statistical Institute. The data for stocks and transactions and net lending / net borrowing by institutional sectors are presented to Eurostat and published in the Website of NSI.

Release calendar access

The calendar is available on the NSI website: http://www.nsi.bg/en/node/79

 

User access

Data is published on the NSI website, section Macroeconomic statistics in accordance with the Law on Statistics and the European Statistics Code of Practice respecting the professional independence and aimed at objectivity, transparency and equal treatment of all consumers.

Frequency of dissemination

Annually.

Accessibility and clarity
News release

Not applicable.

Publications

Main macroeconomic indicators electronic format.

On-line database

The survey results are available to all users on the NSI website under the heading Macroeconomic statistics  Financial national accounts: http://www.nsi.bg/en/node/6552

Micro-data access

Not applicable.

Other

Not applicable.

Documentation on methodology

· Annual financial accounts - data sources and methods (Bulgaria);

· European system of national and regional accounts 2010.

Quality documentation

Not applicable.

Quality management
Quality assurance

· European Statistics Code of Practice;

· Common framework for quality management in the National Statistical System.

Quality assessment

The quality assessment procedure includes arithmetical checks on the data and consistency checks with the ESA 2010.

Relevance
User needs

Main users of date for Annual economic accounts:

· Eurostat;

· European Central Bank (ECB);

· Bulgarian National Bank (BNB);

· International financial institutions, etc.

User satisfaction

Not applicable.

Completeness

Bulgarian financial accounts meet all requirements, concerning financial indicators and institutional sectors of ESA 2010.

Accuracy and reliability
Overall accuracy

Overall accuracy is ensured according to the above regulations.

Sampling error

Not applicable.

Non-sampling error

Not applicable.

Timeliness and punctuality
Timeliness

T+9 mounts in the current year with data for previous year, according Eurostat Transmission program requirements.

Punctuality

T+9, without any delay.

Coherence and comparability
Comparability - geographical

Not applicable.

Comparability - over time

The published data for financial accounts for financial indicators and institutional sectors are comparable over time according Eurostat Transmission program requirements.

Coherence - cross domain

The elaboration of financial accounts followed procedures and rules that intended to ensure clarity and methodological reliability of the results:

· Consistency checks are performed using different data sources providing;

· In some cases additional enquiries are made in order to clarify the causes of some differences in primary data. In other cases the most methodologically reliable source are chosen.

Coherence - internal

Internal coherence is fully ensured.

Cost and burden

Not applicable.

Data revision
Data revision - policy

According requirement of Eurostat main revisions and current revisions.

Data revision - practice

Current revision policy  yearly are made mainly, related with revisions of the data of Notification tables, International Investment position, Money and banking statistics, etc.

Statistical processing
Source data

Main data sources for compilation of annual financial accounts are:
• Annual statistical reports of NSI for institutional sectors: Non-financial enterprises; Other financial intermediaries except insurance corporations and pension funds, Insurance companies and pension funds, Non-profit institutions serving households;
• Balance sheets and trial balances of the sub-sectors of general government, Consolidated fiscal program;
• Monetary and banking statistics reports of the BNB for sectors "Central bank" and "Other monetary financial institutions" and balance of payments and International Investment Position  of the sector "Rest of the World";
• Information supplied by the Central Depository of quoted and unquoted shares and stock market for compensatory instruments.
 

Frequency of data collection

Annually.

Data collection

Exhaustive surveys for all economic units.

Data validation

Validation of the data from Eurostat.

Data compilation

Analysing, balancing, grouping.

Adjustment

Not applicable.

Comment
Download in SDMX 2.1 file format: Annual Financial Accounts
Metadata Structure Definition in SDMX 2.1: ESMS_MSD+BNSI+2.0+SDMX.2.1.xml
Download in SDMX 2.0 file format: Annual Financial Accounts
Metadata Structure Definition in SDMX 2.0: ESMS_MSD+BNSI+2.0+SDMX.2.0.xml