Description of methods and sources for Albania - INSTAT

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IPA 2009 Multi-beneficiary StatisticalCooperation ProgrammeReporting unitsReporting units are all business entities, liable to VAT.PeriodicityThe data refer to month, quarter or year.Variables collectedVAT declarations show more variables and for the purpose of GDP calculation, theuse of all this data is needed. In the absence of all data, as national accounts for thecalculation of GDP by production approach are used only taxable supply, exports ofgoods, except and other supplies with the right to deduct input VAT, exempt supplywith no right to deduct VAT, intra-community supplies of goods, average total ofturnover.Methods used to allow for missing dataNot relevant.Adjustments made for conceptual differences from national accounts conceptsNot relevant.Further adjustments made to the dataNot relevant.2.3 Financial statements of monetary institutions (2006)Organization of data collection and purpose of collectionFinancial statements of monetary institutions are collected by the Bank of Albania.Data are collected for the purpose of supervision of monetary institutions and formacroeconomic statistics.Reporting unitsReporting units are all banks, savings banks and savings and loans undertakings.PeriodicityData are monthly, quarterly and annual. They are provided to INSTAT on a quarterlybasis 60 days after the end of the reference quarter. Final annual data are available 6months after the end of the year.Variables collectedBalance sheet items and profit and loss accounts items are collected at a fine level ofdetail. A unified reporting system of accounts is used by all monetary institutions.The main items of profit and loss account used in national accounts are:184/236
IPA 2009 Multi-beneficiary StatisticalCooperation Programme– interest receivable and similar income;– interest payable and similar expenses;– income from securities;– commissions (fees) receivable;– commissions (fees) payable;– income from financial operations;– expenses from financial operations;– other operating income;– labor costs;– costs of materials and services;– depreciation and revaluation of operating expenses relating to intangible andtangible assets;– other operating expenses;– operating result (profit or loss)Methods used to allow for missing dataAll units are covered; no data are missing.Adjustment made for conceptual differences from national accounts conceptsNot relevantFurther adjustments made to the dataNot relevant2.4 Financial statements of insurance undertakings (2006)Organization of data collection, and purpose of collectionData are collected by the Financial Supervision Authority. Data are collected for thepurpose of the supervision:– of insurance market and its operators;– of securities market and its operators;– of private supplementary pensions market and its operators;– of other non-banking financial activities;Reporting unitsReporting units are all insurance companies, reinsurance companies and pensioncompanies.PeriodicityAnnualVariables collected185/236
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Description of methods and sources for Albania - INSTAT

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