Commission Regulation (EC) No 909/2006 of  20 June 2006  amending Annexes I and II to Regulation (EC) No 138/2004 of the European Parliament and of the Council on the economic accounts for agriculture in the Community   (Text with EEA relevance)
Date: 2006-06-20
Institutions: European Commission
Subjects: EU statistics, agricultural statistics, common agricultural policy, economic accounts for agriculture, statistical method

L 168/14

EN

Official Journal of the European Union

21.6.2006

COMMISSION REGULATION (EC) No 909/2006

of 20 June 2006

amending Annexes I and II to Regulation (EC) No 138/2004 of the European Parliament and of the
Council on the economic accounts for agriculture in the Community

(Text with EEA relevance)

THE COMMISSION OF THE EUROPEAN COMMUNITIES,

(3)

Having regard to the Treaty
Community,

establishing the European

Having regard to Regulation (EC) No 138/2004 of the European
Parliament and of the Council of 5 December 2003 on the
economic accounts for agriculture in the Community (1), and
in particular Article 2(2) thereof,

Whereas:

(1)

for

the

accounts

economic

Annexes I and II to Regulation (EC) No 138/2004 set out
the methodology and the data transmission programme
for
in the
Community (EAA). As a consequence of the changes in
the European system of accounts (ESA 95) concerning
intermediation services
financial
the
indirectly measured (FISIM),
the EAA methodology
should be updated to maintain consistency with the
ESA, the central framework of national accounts.

recording of

agriculture

The measures provided for in this Regulation are in
accordance with
Standing
Committee for Agricultural Statistics set up by Council
Decision 72/279/EEC (2),

opinion

the

the

of

HAS ADOPTED THIS REGULATION:

Article 1

Annex I to Regulation (EC) No 138/2004 is amended as shown
in Annex I to this Regulation.

Article 2

Annex II to Regulation (EC) No 138/2004 is amended as shown
in Annex II to this Regulation.

Article 3

(2)

Regulation (EC) No 138/2004 should therefore be
amended accordingly.

This Regulation shall enter into force on the 20th day following
its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 20 June 2006.

For the Commission

Joaquín ALMUNIA
Member of the Commission

(1) OJ L 33, 5.2.2004, p. 1. Regulation as amended by Commission

Regulation (EC) No 306/2005 (OJ L 52, 25.2.2005, p. 9).

(2) OJ L 179, 7.8.1972, p. 1.

21.6.2006

EN

Official Journal of the European Union

L 168/15

ANNEX I

Annex I to Regulation (EC) No 138/2004 is amended as follows:

1. paragraph 2.096 is deleted;

2. the following paragraph is inserted after paragraph 2.107:

‘(j) Financial intermediation services indirectly measured (FISIM)

2.107.1. In accordance with the convention of ESA 95, the value of indirectly measured financial

intermediation
services (FISIM) used by the agricultural industry should be recorded as intermediate consumption of the
agricultural industry (cf. ESA 95, Annex I).’;

3. the title of paragraph 2.108 is replaced by the following:

‘(k) Other goods and services’;

4. point (i) of paragraph 2.108 is replaced by the following:

‘(i) Billed bank charges (but not interest for bank loans)’;

5. paragraph 3.079 is replaced by the following:

‘3.079. The value of the services provided by financial intermediaries being allocated among different customers, the
actual payments or receipts of interest to or from financial intermediaries need to be adjusted to eliminate the
margins that represent the implicit charges made by financial intermediaries. The estimated value of these
costs should be subtracted from the interest paid by borrowers to financial intermediaries and added to the
interest received by depositors. The costs are regarded as remuneration for services rendered by financial
intermediaries to their clients and not as an interest payment (see 2.107.1 and 2.108(i); ESA 95, Appendix I,
4.51).’

ANNEX II

In Annex II to Regulation (EC) No 138/2004, item 19.10 ‘Other goods and services’ is replaced by the following two
items:

Item

List of variables

‘19.10

19.11

Financial intermediation services indirectly measured (FISIM)

Other goods and services

Transmission concerning reference year n

November
year n
(estimates)

January
year n + 1
(estimates)

September
year n + 1

X

X

X

X

X

X’