s12 (vo.12,No.23) ANALY SIS cals nufacturing Distribution raphIc Area . stria, Beigium, Denmark, Ireland, Finland, France, Germany, Greece, Italy, Luxemburg. Netherlands, Nor way, Portugal, spain, Sweden, UK NACE Rev. 1 5112 Codes Manufacture of motor ve- Manufacture of office ma Agents involved in the Wholesale of computers. hicles, trailers and semi- chinery and computers sale of fuels, cres, met- omputer peripher als, and industrial chemi- equipment and software Manufacture of motor. television&communica- Wholesale of office ma uipment Wholesale of chemica chinery and equipment products Wholesale of electronic parts and equipment ric*, Auto*, Car*, Motor* Electro Compu* Deal*, wholesale* Vehicl*,Cycl*,Engin,peripher,Tele,radio*,Agent.commission* Equip*, Frame", spare Communic a chem,Agn·,F|uor Electro*, Compu*, Pe- Part*, Accessory co·,Lac*,wax*, Lanpher·,Tee*, Radio Communic Industry Descripti Trade*, Distrib", Sale", Trade", Distrib, Sale, Retail, Assembl". Re-Retail*,Assembl*,Re- Deal",Wholesale*,Re.I Deal",Wholesale*, Re- search",Develop,De , Agent·, commis sion*, Assembl* Re- sion", Assembl", Re vice*, Install., Extract+ e p°. De.Holding*, Auto*, Car odng*,Agri*,Auto·, Service·. Instal*,Ex Service*. Install*. Ex- Holding, agri Software*. Textile ace*, Lo- Consu Coke*, Medical*, ship com*, Rail, Compu* Fuel* Glass* Medic al SIze of Data Se 945 1,436 2,124 Table 1: Summary of Screening Process for Specific Tests o generalize the Specific Tests to make inferences The comparability criteria in either test is not speci with regard to broader functional categories, tests using fied and the company financial data is not adjusted for roader comparability selection criteria(Broader Tests potential differences in profits that result from foreig ere performed. The Broader Tests are designed to exchange exposures (e.g, Euro zone versus non-Euro- confirm and generalize the conclusions drawn from the zone countries businesses)or from differences in gen- Specific Tests analyses. The Broader Tests are based erally accepted accounting principles data from approximately 38,000 independent European countries. Because Euro foreign exchange exposures and generally accepted accounting principle differences on and services industries, Screening for comparables could affect company profit results and therefore be a from a particular industry is done by using the appro- material comparability factor in the decision to use pan European versus country-specific comparability sets, it is appropriate to leave any potential impact of these items in the data and to draw statistical conclusions with these potential impacts present The following describes the process of data ivities in the European Community) is a classification de- tion, discussing the main characteristics of the basis for compiling statistics on the industry, factors of produc scribes the statistical methods applied, and on (labor, raw materials, energy, etc. ) fixed capital formation and interprets the results. ations and financial operations of these units of activity (EEC) No 3037 90, which was subsequently amend by Com with the industry classification of the Member States and the mission Regulation (EEC) No 761, 93. It is fully harmonized United Nations 41404 Copyright 2004 TAX MANAGEMENT INC, a subsidiary of The Bureau o! National Affairs, Inc. TMTR ISSN :C63-2C69