Financial indicators of enterprises
Statistical activity code: 20318
Current assets; cash and marketable securities; other securities, trade receivables; non-trade receivables, prepayments and refunds
Long-term financial assets: shares and other securities, non-trade receivables (loans), long-term trade receivables
Current liabilities total: debt obligations
Long-term liabilities total: debt obligations
Estonian Classification of Economic Activities (EMTAK 2008) based on NACE Rev. 2
Enterprise – an enterprise consists of one or more companies (public limited company, private limited company, limited partnership, general partnership, commercial association) or branches of foreign companies or sole proprietors. Statistical unit is an enterprise.
1. Current assets (excl. inventories)
Cash – cash in hand and at bank; deposits repayable on demand; allocations to money market funds and other highly marketable funds
Short-term stocks and shares – stocks and shares kept for trading purposes and held for resale within the next financial year at the latest
Other securities (excl. stocks and shares) – other securities kept for trading purposes – bonds, debt securities, fund securities etc. with a redemption deadline within the next financial year at the latest, as well as derivative instruments (forward, futures, swap, options contracts, etc.)
Trade receivables – short-term receivables arising from regular business activities of an enterprise – invoice payments receivable from buyers, invoice payments likely not to be received (with a minus)
Various short-term receivables – outstanding revenues during the reporting period, short-term receivables from other enterprises and shareholders of the consolidation group and other short-term receivables. Various receivables (loans) equal outstanding revenues of Estonian non-financial enterprises, Estonian private persons or other institutions
Receivables and prepayments – prepaid taxes and expenses of future periods, tax prepayments and adjustments and other prepaid expenses of future periods
2. Long-term financial assets
Long-term shares and securities – shares and securities of subsidiaries, affiliates and other enterprises which are likely not going to be sold within the next financial year
Other long-term financial assets (excl. shares and securities) – long-term debt securities of other enterprises, bonds, fund securities, etc. that are likely not going to be sold within the next financial year, as well as derivative instruments
Various long-term receivables (loans) – long-term receivables from subsidiaries and affiliates and other enterprises. Also included here are long-term receivables of a (financial lease) lessor from a lessee, excl. long-term invoice payments receivable from buyers
Long-term invoice payments receivable from buyers – sums receivable from buyers with a payment deadline later than the next financial year
Current liabilities total – liabilities with a payment deadline within the next financial year at the latest – debt obligations, debt securities and other current liabilities
Current loan commitments – short-term loans, overdrafts and other debt obligations from financing purposes; the part of long-term loans and finance lease payables which have to be repaid within the next reporting year at the latest, excl. debt securities
Long-term liabilities total – liabilities with a payment deadline later than the next reporting year – loan obligations, debt securities and other long-term liabilities
Long-term loan obligations – the part of long-term loan obligations (loans, financial lease payables, etc.) which have to be repaid later than the next reporting year; convertible loan obligations
Equity total – nominal value and unregistered share capital, issue premium, reserves, retained profits (losses) of prior periods, reporting period profits (losses) less uncalled share capital, other equities and own shares
Enterprises which had substantial financial assets or liabilities
List of enterprises who had substantial financial assets or liabilities. The list is based on the data of respondents who submitted the Structural Business Survey questionnaire (called EKOMAR) as part of the statistical activity 20300 “Financial statistics of enterprises (annual)” or annual report.
Estonia as a whole
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Statistics Estonia performs all statistical activities according to an international model (Generic Statistical Business Process Model – GSBPM). According to the GSBPM, the final phase of statistical activities is overall evaluation using information gathered in each phase or sub-process; this information can take many forms, including feedback from users, process metadata, system metrics and suggestions from employees. This information is used to prepare the evaluation report which outlines all the quality problems related to the specific statistical activity and serves as input for improvement actions.
Eesti Pank (central bank of Estonia)
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All results are available on the website at http://www.stat.ee/user-surveys.
In compliance with the rules (regulations)
The time series compiled according to the common methodology start from 2001.
Since 2017, cash data (011) on current assets, data on short-term bonds and other short-term liabilities (213 and 214), data on long-term bonds and other long-term liabilities (233 and 234) and nominal value of equity or share capital (310) are no longer collected.
Cross-sectoral coherence cannot be assessed because the data is more detailed than the rest of the enterprise statistics.
The sample includes enterprises (also small in terms of the number of personnel) that have large financial assets or liabilities, forming a so-called panel, which is compiled by using data from statistical activities 20300 “Financial statistics of enterprises (annual)” and 20901 “Business register for statistical purposes”.
Data are collected from enterprises which had substantial financial assets and/or liabilities. It is a panel of enterprises, which is updated with new enterprises with substantial financial assets and/or liabilities; enterprises who have terminated their activites are removed. About 500–800 enterprises depending on the year submit the report.
DATA FROM OTHER STATISTICAL ACTIVITIES
Data are collected and the submission of questionnaires is monitored through eSTAT (the web channel for electronic data submission). The questionnaires have been designed for independent completion in eSTAT and include instructions and controls. The questionnaires and information about data submission are available on Statistics Estonia’s website at http://www.stat.ee/andmete-esitamine (in Estonian).
Data are collected with the official statistics quarterly questionnaire “Financial indicators”.
The validation process consists of arithmetic and quality checks. Before the data are transmitted to users, the internal coherence of the data is checked.
Collected and validated microdata are transmitted to users.