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Reclassified Balance Sheets

Thanks to many years of experience in the management of economic and financial information, CRIF is able to offer banks and financial institutions a complete solution in response to the need to assess and monitor different types of companies.

CRIF offers a service providing Copies of Original Balance Sheets, which gives fast and reliable information on the economic, financial and business status of any Italian joint-stock company, taken directly from Chamber of Commerce computer archives.
 
In order to analyze and interpret the balance sheet information in greater detail, CRIF offers Reclassified Balance Sheets which provide:

  • the details and size of the company in question;
  • the principal mean data for the business sector in question and the variables used to calculate them;
  • a summary reclassification of the data, for immediate interpretation;
  • in-depth reclassification of the data, for a more detailed examination;
  • 5 categories of indexes for the evaluation of company performance, and a historical record of reclassified balance sheets starting from 2003;
  • a comparison of the company data with sector averages and with summary data on economic trends.

The Full Balance Sheet service provides the Balance Sheet and Income Statement of Italian joint-stock companies, produced in a structured document and edited according to the criteria defined in the Fourth EEC Directive.  The principles adopted for the re-processing of official balance sheet data are aimed at showing the current state of health of the company in relation to its specific activities and sector.

The CRIF Full Balance Sheet service offers some particular features:

  • Balance Sheet – the model is based on the division between characteristic and non-characteristic activities for the active income, and between interest-bearing and non interest-bearing sources for the passive income.
  • Income Statement – an intermediate result is determined relative to the unique management characteristics of the company.  In this way the influence of asset management and extraordinary management is eliminated, which allows the balancing of the final results with those of the official balance sheet. 

In order to allow further processing, the data are provided in various different formats: Excel, PDF, HTML and XML.