Remember me… XBRL What & Why?

1. XBRL UpdatesSharing XBRL good practices for Business Registers at the European Level – A step towards convergence Thomas Verdin, EU BR WG Chair

2. Remember me… XBRLWhat & Why? XBRL is the universal language for the financial communication • An industry standard for the publishing, exchange and analysis of business and financial reports and data • A freely licensable open technology standard based on XML and adapted for the financial and operational business reporting • The equivalent of barcode for financial data • A electronical way to structure financial, legal and economical data of companies registers • A common standard to simplify e-filing and reduce administrative burdens FINANCIAL REPORTS INTERACTIVE DATA

3. Remember me… XBRL5 words to know XBRL goes about “reports, taxonomies, facts, tags and templates” XBRL TAG TAXONOMY XBRL FACT TEMPLATE REPORT XBRL FILEINSTANCEDOCUMENT

4. XBRL EuropeWhere & Who? • www.xbrl.eu • gilles.maguet@xbrl-eu.org XBRL Europe supports the advancement of XBRL in Europe • standardisation of electronic financial and business information within Europe • reduction of the regulatory burden with XBRL • support of European regional XBRL projects and taxonomies, • with special focus on cross-border companies and institutions ExecutiveCommittee Secretary General Gilles Maguet WC Euromarcom Sylvie Lépicier WC Strategy & EU Liaison Jean Luc Menda WC Project Coordination Dereck de Brandt MEMBERS WG EU Business Registers – Thomas Verdin WG Harmon COREP FINREP – Derek Debrandt WG IFRS Extensions – Bodo Kesselmeyer ...design common reporting standards and data provision requirements for cross-border groups, preferably in a multi purpose format such as XBRL...

5. XBRL Europe BR WGWho & Why? Create a network of Business Registers interested in XBRL Purposeincrease the coordination and interoperability for European Business Registrars’ XBRL efforts and taxonomies Scopeall economic and legal data for companies operating or registered in the European Union : company ID, annual accounts, other economic & legal data Deliverablesoverview of existing material, common & best practices, generic taxonomies RESPRESENTED COUNTRIES Other countries are welcome !

6. XBRL EU BR WGThe first steps The EU BR WG Survey & Contact list • Overviewwho and what in each country or project, • regarding XBRL + Business Registers • Organize a “XEU BR Survey” • Existing XBRL project in Europe for BR • Define a “XEU BR Contact list” • Existing XBRL contacts in Europe amongst BR • Identify “XEU BR filing rules and programs” • Existing XBRL filing rules and programs for annual accounts • (extend NBB initiatives) • Share “XEU BR taxonomies” • Existing taxonomies for business registers in Europe

7. XBRL EU BR WGWhere to go? XBRL to publish information from National Registers ACCESS TO REPORTS FROM DIFFERENTS COUNTRIES (LOCAL GAAP) EXCHANGE OF INFORMATION OF CROSS-BORDER COMPANIES NATIONALREGISTER 1 NATIONALREGISTER 2 MAPPING DIAGRAM XBRL to share efforts on IFRS reports USERS NATIONALIFRSREPORTS COMMON TAXONOMY & FILING SYSTEM

8. END USER PUBLISH ANALYSE ANALYSTS BACK OFFICE COLLECT & RENDER NATIONAL PROJECTS - PRESENTATIONS

9. XBRL UpdatesNational illustrations Updates on the Belgian, British and Italian projects END USER PUBLISH ANALYSE MILLIONS OF XBRL ANNUAL ACCOUNTS BILLIONS OF XBRL FACTS ANALYSTS BACK OFFICE COLLECT & RENDER … amongst a lot of national XBRL initiatives June 23-25, 2009 FOR ADDITIONAL INFORMATION, PLEASE CONTACT : • thomas.verdin@xbrl-eu.org