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1993 SNA Update Information - Country comments for issue:
Other intangible fixed assets

Issue description
Issue description in [English] | [French] | [Russian] | [Spanish]
In the Annex of Chapter XIII, the 1993 SNA describes this item as consisting of “new information, specialized knowledge, etc., not elsewhere classified items, whose use in production is restricted to the units that have established ownership rights over them or to other units licensed by the latter”. No specific examples of items to be included have yet emerged. Should this category be retained or removed?
Country comments
Number of country comments for selected issue:31
  Date postedSourceComment
 11/27/2006AustraliaWe agree with the recommendations made by AEG
 10/11/2006ArmeniaThe National Statistical Service of the Republic of Armenia agrees with the most recent AEG recommendations.
 10/10/2006SwedenAgreement with proposal
 9/29/2006Bank of KoreaWe agree to all the recommendations. However, it is necessary to elaborate on why the securitisation of future revenue is not a financial asset in the system because it has similar characteristics in a way to financial assets such as MBS and ABS.
 9/28/2006New ZealandWe agree with the recommendations made by the AEG.
 9/15/2006United KingdomWe agree with all the recommendations made by the AEG.
 9/15/2006LatviaAfter deep discussions and expert consultations we basically support the 1993 SNA Update Issues.
 8/21/2006Central Bank of El Salvador m4cbElSalvador13+29; m4cbElSalvador13+29-english;
 8/18/2006NetherlandsWe generally support the recommendations made at the Frankfurt Meeting of the AEG.
 8/18/2006USAWe generally agree with the recommendations of the AEG. We strongly endorse the principle that securitization of future revenue does not constitute a separate asset in the system. However, we are opposed to retaining a category, “other intangible fixed assets,” which apparently does not include any identifiable types of assets.
 8/2/2006European Central BankThe ECB generally supports the recommendations made by the AEG.
 8/1/2006Hong Kong, ChinaWe agree that the 1993 SNA Rev. 1 should mention clearly that the securitisation of future revenue is not an asset in the System. This could avoid different reporting practices by different economies.
The existing definition of “other intangible fixed assets” is quite broad, different economies may have different interpretation of what is “new information, specialized knowledge”. If this item is to be maintained, more clear definition and examples of what are included should be given.
 8/1/2006National Bank/ National Bureau for Statistics MoldovaNational Bank and National Bureau for Statistics of Moldova agree with the recommendations made at the latest meeting of the AEG.
 8/1/2006Reserve Bank of South AfricaWe carefully worked through all the issues and would like to give our general support to the recommendations made by the AEG.
 8/1/2006Central Bank of ChileEstimamos que las recomendaciones sobre la definición de un activo en el SCN debe aclarar que el retorno futuro no es un activo en el sistema, que la categoría “otros activos intangibles no – producidos” debe ser eliminada, la categoría “arriendos y otros contratos transferibles” debe ser redefinida, y que la categoría “otros activos fijos intangibles” debe ser mantenida. Estas recomendaciones están bien fundamentadas, de acuerdo con el concepto de coherencia del SCN y otros sistemas.
 7/31/2006IsraelWe agree with the AEG recommendations on these issues. We would prefer to leave a category of “not elsewhere classified non-produced intangible assets”.
 7/31/2006Macao SARStatistics and Census Service of Macao SAR agrees to the AEG recommendations and has no further comments.
 7/31/2006Bosnia and HerzegovinaWe agree with AEG recommendations on the update of the 1993 SNA and do not have any further comments.
 7/28/2006VietnamWe agree with treatment way of AEG. However the need for retaining this category should be reexamined after the work on leases and licenses has been finalized.
 7/28/2006National Bank of SlovakiaConcerning the results of the most recent AEG meeting, we fully support the conclusions and recommendations made by the AEG.
 7/28/2006LithuaniaIn general we support the recommendations.
 7/28/2006Bank of PortugalWe agree with the AEG recommendation of not classifying securitisation of future revenues as an asset of the system. This recommendation is in accordance with the ESA 95 Manual on Deficit and Debt.
 7/28/2006Bank of PolandPlease find our general support for the AEG recommendations made during its recent meeting in Frankfurt.
 7/27/2006Bank of Sierra LeoneWe agree with the recommendations made by the AEG.
 7/27/2006EgyptWe prefer to keep the item "other intangible fixed assets" as it is now in the classification.
 7/25/2006Bank of ItalyWe broadly support the conclusions.
 7/24/2006National Bank of the Republic of AzerbaijanWe have analyzed the “Comment on the recommendations of the most recent Advisory Expert Group on National Accounts (AEG) meeting (January 30 – February 8, 2006) in Frankfurt” within the scope of our responsibilities and I am pleased to inform you that we are in agreement with the AEG recommendations.
 7/24/2006GermanyWe are pleased to express our agreement with the AEG recommendations in principle. We would prefer to keep a category “other non-produced intangible assets” from a classification point of view (like “not elsewhere classified”), even if the position is empty at the moment like the “other intangible fixed assets” category as well (see also the German opinion on issue 27 classification and terminology).
Statistics Denmark support the view that the new SNA should make clear that securitisation of future revenue is not an asset in the System.
 1/3/2006CubaConsideramos que tanto la clasificación, frontera, valoración y definición de los activos convienen ser revisados. Debe ser analizado también el criterio de propiedad por parte de una unidad institucional, dado que en la metodología actual aparecen los flujos en el sistema una vez que comienzan a usarse como activos económicos; quedan excluidos recursos naturales de la actual clasificación, etc.
La formación de capital humano, forma parte en la actualidad del consumo final ante la imposibilidad hasta la fecha de considerar su apropiación por el individuo como activo. Deberá buscarse una solución para registrarse como activo
Los gastos de I+D, no se consideran activos con excepción de los destinados a la exploración minera, ya descritos. Proponemos que la I+D forme parte de los activos, y que los trabajos de exploración minera se registren independientes del stocks de reservas económicamente explotable.
 9/30/2004Lesotho - Central BankThe 1993 SNA mentions these not-elsewhere classified items in the annex of Chapter XIII, which are restricted to the units that have established ownership rights over them or to other units licensed by the latter. What is intended to be included in other intangible fixed assets? Comment: This should be accommodated as IFA.
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