THE FINREP XBRL TAXONOMY Status Update Patrick Amis XBRL 13th International Conference Madrid, 17 May 2006

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THE FINREP XBRL TAXONOMYStatus UpdatePatrick
AmisXBRL 13th International ConferenceMadrid,
17 May 2006

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FINREP Taxonomy Status Update

• Objectives
• Timetable
• Process
• Future Isues

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CORE TEAM

• IT Expert
• Mark Creemers
• Business Experts
• Giancarlo Pellizzari
• Jacobo Varela
• Patrick Amis
• Building upon
• Corep team advances and developments
• Belgian experience

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OBJECTIVES

• Reflect FINREP reporting scheme perfectly
• (could be appreciated)
• Facilitate adoption / adaptation by national
  banking supervisors in Europe
• (and possible adaptation by banks)
• Be consistent with other IFRS related taxonomies
• gt IFRS-GP taxonomy (IASCF)

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2. TIMETABLE

• Start of work End of January 2006
• Intermediate versions
• gt Yahoo Group
• gt Version 0.24
• First working draft for public release
• gt Now!
• Final version September 2006?
• gt Some national developments depend on it

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3. PROCESS

• Linking with IFRS-GP
• - Mapping IFRS-GP / FINREP
• gt Based on IFRS references included in FINREP
• gt Use of IFRS-GP 2004 (2005 not yet available
  but Finrep based on bound volume 2005!)
• - Create missing elements
• - Reference Linkbase
• gt Check consistency with IFRS-GP
• - Label Linkbase
• gt Issue of translation in other languages

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3. FINREP Taxonomy
3. PROCESS (continued)
IFRS - References
IFRS - Labels
IFRS - GP Schema file
FINREP - References
FINREP - Labels
FINREP Schema file
FINREP - Presentation
FINREP - Calculation
FINREP - Definition
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3. PROCESS (continued)

• Issues to consider
• - Use of dimensions ?
• gt dimensions less necessary in FINREP
• gt not in IFRS-GP at the moment
• gt but certain FINREP aspects are good
  candidates

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4. FUTURE ISSUES
3. PROCESS (continued)

• Issues to consider
• - Versioning (IFRS-GP)
• gt Keep up with structure/content of IFRS-GP
  2005
• - Include Formula linkbase?
• gt Calculation linkbase will be limited at the
  moment
• - Registration of Finrep / IP issues

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4. FUTURE ISSUES

• gt Maintenance!
• - Future developments in XBRL
• - FINREP and FINREP Taxonomy
• might be impacted by rapidly evolving IFRS