XBRL in Production• Dutch local government

A project of :

SemansysTechnologies BV

The Supplier

Dutch Statistics

The RegulatorThe Customer

Dutch Waterboard

Part 1: The XBRL project • The Business case

• The Project steps

• The Users

• The Results

Paul F. Snijders - Semansys Technologies

Why Semansys was involved

90’ties 1999 2000 2001 2002 20042003 2005 2006

Scripting &Automation

XBRL 1.0Composer

XBRL 2.0Composer

XBRL 2.1Composer

Professional XBRL Development Kit

Conformance Suite Support

XBRL validator

XBRL receiving and processing application

XBRL DeploymentManagerSemansys is the first to offer a

complete application suite for digital reporting based on XBRL, enabling organizations to optimize their internal and external financial reporting and business monitoring processes.

Semantic BusinessIntelligence

XBRL 1.0, XBRL 2.0, XBRL 2.1, XBRL GL ,Conformance Suite, Dimensions, LRR, FRTA, FRIS, Formulas,

Our role in XBRL

• First European projects XBRL• Dutch Treasure, • NTP, Netherlands Taxonomy Project• Water Boards, • Local Gov’, • Bank, • Founding Member XBRL Netherlands• Board Member EU Consortium

• Member of • Int’l XBRL Specification Workgroup• XBRL.NL, Solutions • XBRL Domain, • XBRL CRAS • XBRL.DE AG 4 Tools• XBRL.UK implementation group

The Business case• Transparency needed in Financial situation

– hidden capital and unclear financial position local gov. • Politicians in Europe demand more control over

monetary policy.• No European wide reporting standard in use.• New reporting requirement to implement

– EMU reporting (European Monetary Union) to: European Commission, European Central Bank

– More detail, More frequent – Faster – within 30 days

• Need for reduction in Administrative burden

The project

• A small group of preparers – start with 16 Water Boards

• All participants in reporting chain involved

• Benefits for preparers and regulators

• A showcase implementation of XBRL

• Standard XBRL software utilized

The users

• Start with Water Boards– Semi government, Euro 2.5 Billion Budget

• Water management, dyke control, water quality• Expanded to local government orgs in Holland (900)

30 daysto report

External accounting rules (EMU)

GL GL

6 monthsto implement

Software vendorsSoftware vendors

Ministry of the InternalMinistry of the Internal

RegulatorRegulator

PreparersPreparers

Joint effort

‘Sales’ package to regulator

Realized High level support

Software vendors adopt XBRL

Preparers and Semansys compose the solution for the complete reporting chain

All local government

organizations MUST report in

XBRL

Integrated Semansys

OEM solution

Project scope

• Minimal burden for preparers• Foundation for other reporting tasks

– Water boards have 99+ reporting obligations

• Low cost, easy deployment• Showcase for 900 other organizations• Blueprint for other closed loop reporting

duties– Ministry of Health, Education,

CBSRegulator

Solution outline

XBRL ComposerSemansys

GL SystemCODA,

PinkRoccadeSAP, IBS etc

World Wide Web XBRL

IASCTaxonomy

EMU ReporterSemansys

New preparer environment

• Walk-up user interface

• 1 day introduction on background, no training or not application

• Potentially 1 3 button operation– Prepare report, Display, results, Send

• Operation steps introduced on request

New preparer environment

New preparer environment

New preparer environment

New preparer environment

Lessons learned - facts

• Do’s– Align stakeholders– Concept XBRL appealing but difficult for preparers– Quality and support for taxonomy is vital– Use XBRL as enabler, not solution

• Don’t – Hard code XBRL in application– Show XBRL to user– Forget to loop back as processor– Forget about taxonomy publishing procedures

Lessons learned - Conclusions

• Highly feasible• Keep it simple• No hassle• Do not ‘hype’ XBRL

• Results– Closed loop solution realized– Proven integral approach– No threshold for direct utilization – Standard software available – Implementation at low cost– Instant advantages for preparers and regulator

XBRL is government policyDutch AdministrationDutch Administration:

Expense reduction

through XBRL:

euro 420 million

XBRL is the most effective way to

reduce administrative burden

Association of Water BoardsWijnand Dekking

The usersAa en Maas

Alblasserwaard De Brielse Dijkring

De DommelGroot Salland

Hollands NoorderkwartierNoorderzijlvest

Reest en WiedenRivierenlandRijn en IjsselVallei & Eem

Velt en VechtVeluwe

Brabantse DeltaZeeuws-Vlaanderen

Zuiderzeeland

Statistics Netherlands (CBS)Gerrit de Bolster

Marko RoosDick van TongerenLéonard Haakman

LogicaCMGCorné Hordijk

Ralf van den Ham

Deloitte.Dave van den EndeRob Dubbeldeman

CreditsWith special thanks to :

Minister of the InteriorMinister J. Remkes

Minister of FinanceMinister G. Zalm

Dutch AdministrationFor advancing adoption

XBRL-NLJan Pasmooij

XBRL InternationalWalter Hamscher

IBS Nederland BVJan van WijngaardenMarcel BaelemansRobert Jan Vonk

CODADavid BootFelix RijnierseWilfried TeunissenPeter van AssHans van Leur

PinkRoccadeJos van KollenburgKoen LaurijsenFrank Kanne

Part 2: The XBRL project • Agenda Marko

Marko Roos – Dutch Statistics

Migrating the Dutch Waterboards taxonomy

• XBRL based reporting waterboards implemented Q1 2004

• Taxonomy and instances based on XBRL version 2.0

• XBRL version 2.1 introduced december 2003• Continue with 2.0 or migrate to 2.1?

Migrating: background

• Update of taxonomy content neccesary

• Complaints users about – long elementnames, – lack of overview, – lack of control

Migrating: pro’s and con’s

Pro’s• More diversity in

software suppliers supporting XBRL 2.1

• Better presentation possibilities taxonomy and instances

• Easier to maintain• Lower threshold other

regulators

Con’s:• New software neccesary

after only one year• New mappingeffort needed

Decision: migrate

• Decision made by Union of waterboards and Statistics Netherlands:Go!

• Transition costs softened because of maintenance contracts Semansys

• Statistics Netherlands to make new taxonomy and taxonomy implementation guide

Architecture of the waterboard taxonomy 2006

• Follows the architecture of the Dutch Taxonomy Project

• Modular approach:– Element taxonomies– Datatype taxonomies– Relational taxonomies (formsets, linkroles)– Report taxonomy

• Important roles for linkroles

Report taxonomy

Formset taxonomy balance linkrole

Formset taxonomy exploitation linkrole

Formset taxonomy emu-balance linkrole

Formset taxonomy fin. Fixed assets linkrole

Formset taxonomy message linkrole

Formset taxonomy … linkrole

Formset taxonomy contact linkrole

Financial element base taxonomy

Contact element base taxonomyDatatype

taxonomy

Datatype taxonomy

L L

P

C

P

C

P

C

P

C

P

C

P

C

P

Dutch waterboard taxonomy architecture

Calculation linkroles

Calculation view based on linkrole EMU-saldi

Problems encountered

• Still some duplicate elementnames– Incorporate some hierarchy in naming

• Mutations elements (durations) calculate to balanced elements (instants): cross context calculation impossible.– Changed everything to duration attribute (not

nice)!

Current situation

• Initial reactions of waterboards positive:– No black box anymore– More overview– Easier to map and to maintain– Added value because of calculation

• First data to be received May 1 st 2006

Future plans

• 2.1 taxonomy for states and municipalities:– Extensive use of dimensional taxonomy

technology