XBRL Europe week
Madrid, 1st June 2012
“ Practical use of Dimensiones, Formulae and Data Point Modelling
in Integrated Reporting Taxonomy (IS-FESG)”
Speaker: María Mora (maria.mora@atos.net)
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
 The evolution: Business Reporting VS XBRL standard
 Integrated Reporting
› Why the need of Integrated Reporting?
› What is the main goal?
 The taxonomy : Integrated Scoreboard of Financial, Environmental
Social and Governance indicators (IS-FESG)
› Dimensions + Data Point Modeling
› Formulae
› Financial relationship: IFRS, USGAAP, IPP and PGC2007
› Risk relationship: COREP
› Data identification relationship: Data of General Identifications
Taxonomy (DGI)
XBRL Europe Week 2012 | página 1
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
The evolution: Business reporting VS XBRL standard
KPI
Entity
Financial
Historical
2003
XBRL 2.1
2005
Dimensions 1.0
Specification
2009
Formula 1.0
Specification
Prospective
2011
DPM
XBRL Europe Week 2012 | página 2
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
Why the need of Integrated Reporting? – Actual state
 The economic uncertainty and the lack of confidence, makes pay more attention
to the investment strategies and quick decision making.
 The business information is an element of competitive advantage.
 The large volume of data, disjointed, irrelevant, with a little strategic
significance, does not convey the real state of a company.
What is the main goal ?
 Connect financial and nonfinancial information in a unique block
› Connecting financial, social, environmental and government information.
› Containing quantitative and qualitative information truly relevant about
strategy .
› Creating value for the shareholders and stakeholders
› Promoting the exercise of Corporate transparency
XBRL Europe Week 2012 | página 3
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
The taxonomy for Integrated Reporting - (IS – FESG Taxonomy)
 In a format
 Clear
KPI
 Concise
Entity
Financial
 Consistent
 Comparable
Historical
Prospective
 Brings together
 Financial
 Environmental
 Social
 Corporate Governance
XBRL Europe Week 2012 | página 4
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
KPI indicators
Financial Indicators
Economic efficiency
KPI_F1
Revenues
KPI_F2
Suppliers expenses
KPI_F3
Added Value
KPI_F4
Employee compensation
KPI_F5
Gross Profit
KPI_F6
Financial expenses
KPI_F7
Owners retribution
KPI_F8
Public Administration expenses
KPI_F9
Economic contribution to the community
KPI_F10
R&D&I investment
KPI_F11
Profitability
KPI_F12
Level of debt
KPI_F13
Treasury shares
Environmental indicators
Energy efficiency
KPI_E1
Energy consumption
KPI_E2
Water consumption
KPI_E3
Polluting emissions
Waste reduction efficiency
Waste generation
KPI_E5
Waste processed
Social indicators
Human Capital
KPI_E4
Social indicators
KPI_S3
Employees
Gender diversity of employees
Top employees
KPI_S4
Gender diversity of top employees
KPI_S5
KPI_S7
Job stability
Absentee
Employee turnover
KPI_S8
Net creation of new jobs
KPI_S9
Seniority
Employees training
KPI_S1
KPI_S2
KPI_S6
KPI_S10
Social Capital
KPI_S11
Non-compliance with legal regulation concerning customers
Locally-based suppliers
KPI_S13
Payment period to suppliers
Corporate Governance indicators
Fair corporate governance
KPI_CG1
Board members
KPI_CG2
Independent board members
KPI_CG3
CSR Board members
KPI_CG4
Executive Committee
KPI_CG5
Audit Committee
KPI_CG6
Nominations Committee
KPI_CG7
Meetings of the Board
KPI_CG8
Total remuneration of the Board
KPI_CG9
Gender diversity at Management Board
KPI_S12
XBRL Europe Week 2012 | página 5
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
Representation of the Business reality
KPI
Entity
Financial
Historical
Prospective
XBRL Europe Week 2012 | página 6
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
New levels of complexity (Basic, composed and complex indicators)
KPI
F1
/(S2+E2)
Complex
Indicators
Entity
Financial
Historical
S1/S2
Prospective
E1/E2
Composed
Indicators
Financial
Social
Profit
People
F1
S1
S2
Environmental Governmental
Planet
E1
Pilots
G1
Basic
Indicators
XBRL Europe Week 2012 | página 7
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
Examples - different levels of KPI complexity
Financial Indicators
Economic efficiency
KPI_F1
Revenues
KPI_F2
Suppliers expenses
KPI_F3
Added Value
Revenues
KPI_F4
Employee compensation
KPI_F5
Gross Profit
KPI_F6
Financial expenses
Basic
KPI_F7
Owners retribution
KPI_F8
Public Administration expenses
KPI_F9
Economic contribution to the community
KPI_F10
R&D&I investment
KPI_F11
Profitability
KPI_F12
Level of debt
KPI_F13
Treasury shares
Environmental indicators
Energy efficiency
KPI_E1
Energy consumption
Employee
Compensation
Revenues
Composed
XPATH Expression:
abs($composedEmployeeBenefits - ($basicEmployeeBenefits div $basicRevenue)) le threshold
XBRL Europe Week 2012 | página 8
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
Example - different levels of KPI complexity
Financial Indicators
Economic efficiency
KPI_F1
Revenues
KPI_F2
Suppliers expenses
KPI_F3
Added Value
KPI_F4
Employee compensation
KPI_F5
Gross Profit
KPI_F6
Financial expenses
KPI_F7
Owners retribution
KPI_F8
Public Administration expenses
KPI_F9
Economic contribution to the community
KPI_F10 R&D&I investment
KPI_F11 Profitability
KPI_F12 Level of debt
KPI_F13 Treasury shares
Environmental indicators
Energy efficiency
KPI_E1
Energy consumption
KPI_E2
Water consumption
KPI_E3
Polluting emissions
Waste reduction efficiency
KPI_E4
Waste generation
KPI_E5
Waste processed
Energy
consumption
Revenues
Complex
XPATH Expression:
abs($composedEnergyConsumption - ($basicEnergyConsumption div $basicRevenue)) le threshold
XBRL Europe Week 2012 | página 9
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
Total of 30 formulas
BASIC
bh-01
bv-01
bh-02***
Added Value=Revenue -supplier
Fullfillment=reported/expected
Gross profit=Added value - Employee benefits
COMPOSED
cpd-01
cpd-02
cpd-03
cpd-04
cpd-06
cpd-07
cpd-08
cpd-09
cpd-10
cpd-11
cpd-12
cpd-13**
cpd-14
cpd-15
cpd-16
cpd-17
cpd-18
cpd-19
cpd-20
cpd-21
cpd-22
Suppliers Expenses/Revenues
Added Value/Revenues
Employee benefits/Revenues
Financial expense/Revenues
Public Administration expenses /Revenues
Economic contribution to the
community/Revenues
Water consumption/Energy consumption
Polluting emissions/Energy consumption
Waste generation/Energy consumption
Waste processed/Energy consumption
Gender diversity of employees/Employees
Gender diversity of top employees/Top employees
Job stability/Employees
Employee turnover/Employees
Seniority/Employees
Employees training/Employees
Independent board members/Board member
Executive Committee/Board members
Audit Committee/Board members
Nominations Committee/Board members
Gender diversity at Management Board/Board
members
COMPLEX
cpx-01
cpx-02
cpx-03
cpx-04***
cpx-05***
Energy consumption/Revenues
Polluting emissions/Revenues
Employee benefits/Employees
Energy consumption/Gross profit
Polluting emissions/Gross profit
cpx-06*** Total Remuneration board/Gross profit
XBRL Europe Week 2012 | página 10
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
Architecture of the taxonomy - (European, American and Spanish)
Listed and non companies and SMEs
XBRL Europe Week 2012 | página 11
“ Practical use of Dimensiones, Formulae and Data Point Modeling in
Integrated Reporting Taxonomy (IS-FESG)”
XBRL shows new possibilities to discover
 This proposed IS-FESG taxonomy architecture the promotes taxonomy
extensions, for a double purpose:
› From the issuer´s perspective: extend the taxonomy, by adding new columns
(dimensions) or validation rules (formulae),
• Increasing the complexity of the public reports,
• Adapting to the behaviors that the stakeholders and entity managers will be required
to monitor .
› From the analyst´s perspective: use additional dimensional relationships
and/or formulae to perform specific treatments on entity data, at the
taxonomy layer, without the need for software re-programming.
XBRL Europe Week 2012 | página 12
“ Practical
use of
Dimensiones, Formulae and Data Point Modeling in
XBRL
Europe
week
Integrated
Reporting
Taxonomy (IS-FESG)”
Madrid,
1st June
2012
Thanks for your attentions
Thank you for your attention
María Mora (maria.mora@atos.net)
XBRL Europe Week 2012 | página 13