XBRL-CRAS FLIPA Project XBRL-CRAS FLIPA Project Brussels Conference – Nov. 16th, 2004 – Brussels

XBRL-CRASFLIPA Project

XBRL-CRASFLIPA Project

Brussels Conference – Nov. 16th, 2004 – Brussels

2Nov. 17th, 2004 – XBRL Int’l Conference

Introduction

Who are we?

Industry Requirements

Main Deliverables

Project Sponsors & Team

Next Steps

Content


Who are we?


Who are we?

XBRL-Int’l

XBRL-CRAS working group

Credit Risk Assessment Services

Other projects

welcomed!

FLIPA Taxonomy

Credit Insurance

Business Info.

suppliers


F. PEDRANZINI – D&B

V. BERT – Atradius

V. BERT – Atradius

FLIPA project structure


FLIPA team members: The ones who made

it

CESCE ARNAIZ Mariano (Chairman)

INFORMA FERNANDEZ Carlos (vice chair)

BÜRGEL GÖBEL Peter-Jörg COFACE de RIVOYRE Christophe CREDITO Y CAUCION GONZALEZ DE HERDIA

J. EULER HERMES SELLERBERG Klaus Atradius BENLYAZID Karim MAPFRE MONREAL Sergio COFACE-ORT BAILLEUX Dominique

CHAMPAULT Régis UBMatrix SCOTT STROKEs David

VAN EGMOND Raynier SOFTWARE AG NAVARRO Pablo

HERNANDEZ Ignacio TSR WATANABE Eiichi

Technical Working Group - TWG

Atradius BERT Vincent (Chairman) Global E-Commerce RUDIE Donald

Liaison team – L. Team

Atradius BERT Vincent (Chairman) PWC (Assistant)

Project Management

D&B PEDRANZINI Fabio (vice chair)

COFACE HENRIET Benoit COFACE SCRL PERREON-SIMONOT

Richard CREDITREFORM RICHTER Thomas EULER HERMES CAMPO DIAZ EXPERIAN MORRIS Oliver Atradius DIRKS Gregor IBERINFORM OHLSSON ALBEA Andrès LINCE MILOVIC Milovan PARIBELLI Giovanni PPA ROHLFS Holger

Business Working Group - BWG


FLIPA Steering committee: Those who enables it

From left to right:

M. Inami (Teikoku DataBank - Japan)

M. Hernadez (Iberinform - Spain)

M. Nijhout (ICISA – The Netherlands)

M. Bouix (Coface - France)

M. Bert (Atradius – FLIPA Project Director - XBRL-CRAS Chair)

M. Tesniere (PWC - France)

M. Morin (Eurogate - Coface) – France

M. Pedranzini (D&B Europe - FLIPA Business Working Group Chair)

M. Vaingnedroye (Bignet - Coface ORT - France)

M. Buckenberger (Febis - Bürgel)

M. Watanabe (Tokyo Shoko Research)

M. Arnaiz (CESCE – Spain – FLIPA Technical working group chair)

M. Richter (Creditreform - Germany)


Liaison Team

Steering Committee

Technical Working Group

Business Working Group

Project Management

Mission Frequency

Steer direction of project (with PMO assistance): Set project goals in context of business objectives Sign-off key decisions and strategic orientations of the project Ensure sufficient allocation of resources (staffing & funding)

Project Office Supervise project evolution Project planning and tracking – dependency

management Project reporting & administration Control infrastructure

Global Approach

Phasing strategy

Functionality description of the final application

Validation of the technical implementation

Project management Supervise project team Ensure delivery against critical path Ensure collaboration and deliverables Manage coordination

Support XBRL CRAS Working Group from a technical perspective in its objective of creating a valid 2.1 XBRL taxonomy for Credit Risk Assessment Services.

Beyond this objective the TWG also has the responsibility of developing all the necessary elements to work an end to end solution for the correct implementation of the taxonomies.

Taxonomy certification Develop taxonomy certification strategy Ensure necessary documentation is

prepared Run certification procedure

Business Requirements Definition Define requirements Refine current BUSCRD information Validation and sign-off

Bi-weekly

Bi-weekly

Bi-weekly

Bi-weekly

Every 2 months

Communication with XBRL International Champion our cause vis-à-vis XBRL international Raise issues that must be solved by XBRL Participate to XBRL forums Raise CRAS interests in on-going taxonomy

creation (GCD,…)

Committee

FLIPA project governance


Industry Requirements


Electronic credit reportElectronic credit report

Business semantics& Code Lists

Business semantics& Code Lists

LanguageLanguage

Technical XBRL SpecsTechnical XBRL Specs

SecuritySecurity

Deliver, 06-2004, a first electronic credit report troughan end-to-end application

Use of common existing code lists as defined under GREFIS, UN/EDIFACT & ISO

Develop a multi-language case to benefit from XBRL flexibility for labels and code lists

Start straight with the XBRL Specification 2.1

Security items (encryption, signature,…) managed outside of the CRAS project

FLIPA requirements and constraints

Use of Existing Taxonomies

Use of Existing Taxonomies

When required and when available use existing Taxonomies:Alignment on IFRS for BS, Income and Cash flow Statements


Main Deliverables:

The FLIPA Taxonomy


e-Report over XBRL

Sender,Product,

...

…

Message informationnon-XBRL

Key financial figures

Business rating

Credit recommendation

Negative events

Envelopeheader

Related entitiesEntity

Envelopetrailer


...

XBRL-CRAS FLIPA taxonomy extract

Deliverable: The FLIPA Taxonomy


Business Credit Report over XBRL

e-Report over XBRL

Sender,Product,

...

…



Business rating


Negative events

Envelopeheader


Envelopetrailer


...

…Business

rating


EntityEntity BalanceSheet

Profit & Loss

IFRS Balance Sheet

IFRS Income Statement

Or other GAAPs

PaymentExperience

Company specificXBRL

Extension

XBRL-CRAS taxonomy extract


e-Report over XBRL

Sender,Product,

...

…



Business rating


Negative events

Envelopeheader


Envelopetrailer


...

XBRL-CRAS FLIPA taxonomy extract

XBRL-CRAS FLIPA Core Taxonomy (Business semantics

requirements)


Item Description

IdentificationIdentification

ActivityActivity

Related entitiesRelated entities

Entity Business Ids Entity Name Entity Address Branch/head office information

Legal form - CurrentLegal form - Current

Entity Business Ids Entity Name Entity Address Type of relationship: Shareholders/shareholdings/affiliates Nb of shares % of shares

Code, Description Long, Description short, Date start

Related entitiesRelated entitiesRelated entitiesRelated entities

Related entitiesRelated entities

Legal form - formerLegal form - former

Code (SIC, Nace…)ActivityActivity


requirements)


Item Description

Trading countriesTrading countries Trade Class (importer/Exporter), Country, % of total

Trading countriesTrading countriesTrading countriesTrading countries

Operation statusOperation status

Code List:


requirements)


Item Description

TrendTrend

Trade MoralityTrade Morality

Good, Average, Poor, Undetermined

Financial situationFinancial situation

Payment TrendPayment Trend

Strong, Weak…

Payment scores

Level, Up, down Undetermined


requirements)


Item Description

StatusStatus

Business outlookBusiness outlook

Operating, Chapter 11, 13 Dormant…

Payment behaviorPayment behavior

Payment detailsPayment details

Nb of employeesNb of employees

Trend up, Flat, Trend down

General experience:Slow,Slow 30,…Prompt

Detail with trading partners,High credit,Owes,Past dueTerms

Location, Headquarters / Branch Nb of employee / seasonnal

Payment detailsPayment detailsPayment detailsPayment details


requirements)


Item Description

Principal and managementPrincipal and management

General property, Total value, General mortgage information, Total value of mortgage, Dates, Address

Real estate propertiesReal estate properties

Name, Address, Customer since, Type and amount of Credit

Financial institutionsFinancial institutions

Names Mgt titles, Address

Real estate propertiesReal estate propertiesReal estate propertiesReal estate properties

Financial institutionsFinancial institutionsFinancial institutionsFinancial institutions


requirements)


Item Description

Credit RecommendationCredit Recommendation

RatingsRatings

Amount

Type of rating, Status (current, former), Rating value, Rating change date and Reason

ScoreScore


requirements)

Score Id, Status (current, former), Score value, Score change date and Reason

Risk AssessmentRisk Assessment


Item Description

Type and Amount, Nb & Status, Dates occurred

Negative eventsNegative eventsNegative eventsNegative events

Negative eventsNegative events


requirements)

Financial statement dataFinancial statement data

Use of existing taxonomies:IFRS Balance sheet – Net Assest presentationIFRS Income statement – by nature

Industry average Balance sheet – Net Asset presentationIndustry average Income Statement – by Nature


e-Report over XBRL

Sender,Product,

...

…



Business rating


Negative events

Envelopeheader


Envelopetrailer


...

…Business

rating


EntityEntity BalanceSheet

Profit & Loss

IFRS Balance Sheet

IFRS Income Statement

Or other GAAPs

PaymentExperience

Company specificXBRL

Extension

XBRL-CRAS taxonomy extract


requirements)


CRAS Conference

announcements


1. FLIPA Multi language

support


XBRL-CRAS FLIPA Taxonomy: Multi language support

Creation by CRAS team

Translation by TSR - Japan

Translation by Lince - Italy

Translation by Atradius

Translation by Coface Intercredit


2. CRAS and IFRS working

together


XBRL-CRAS FLIPA Taxonomy: IFRS extension use


Next steps:

Adoption &

Implementation

& Maintenance

Status Report


User community maintenance


Implementation

CRAS pioneers will implement

by year end and Q1/2005

onwards


An central Industry wide

administration tool

An central Industry wide

administration tool

Taxonomy Administration Taxonomy Editing Taxonomy Version control and Change reports Taxonomy Version locking and publication User Management with limited pre-defined

Roles

Adoption & Implementation

Develop and set-up an independent platform for FLIPA XBRL professional services

Business Information product development

support center

Business Information product development

support center

Creation of Extension Taxonomies Feature for the online conversion of excel or

proprietary XML documents to XBRL Demonstration of parsing and Conversion

Pre-requisitesPre-requisites Strong Maintenance environment Decentralised and dedicated administration


CRAS Business Server


Administration



Taxonomy Management


Taxonomy Management


Questions & Answers

For further Information please refer to ourWebsite and egroup:

http://www.grefis.org/xbrl-cras.htmhttp://demo.ubmatrix.com/cras

*Vincent BERTSenior ManagerGroup Business Information and Control Dept.

Tél. : +33 (0)1 41 05 75 37E-mail : [email protected]

Atradius44 Av G. Pompidou92300 Levallois-PerretFRANCE

Documents

XBRL-CRAS FLIPA Project XBRL-CRAS FLIPA Project Brussels Conference – Nov. 16th, 2004 – Brussels