November 2015

Chapter 15. Non-financial corporations

Chapter 15 has been updated coinciding with the publication of the annual results for 2014, incorporating some of the methodological changes included therein.


a) The series of FSI ratios (Financial Soundness Indicators, published by the IMF) has been revised, in tables 15.28 and 15.29, to incorporate the improvement in the estimate of small corporations' tangible fixed assets at current prices.

b) Having regard to requests received from analysts, the operating margin ratio (tables 15.19 to 15.21), which had hitherto been calculated by dividing the gross operating profit by output, is now calculated using net turnover as the new denominator.