deutsche börse´s xbrl initiative 10th xbrl international conference brussels 17th november 2004
TRANSCRIPT
Deutsche Börse´s XBRL initiative
10th XBRL International ConferenceBrussels 17th November 2004
Deutsche Börse´s XBRL initiative
Deutsche Börse´s background motivation
How issuer companies can participate
Overview of the analysis tool
Wider benefits for the German capital market
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Deutsche Börse´s background motivation
Increasing transparency through greater comparability
Breaking the impasse: no investor use / no issuers provide
Lead enables key determining influence and gains meaningful experience
Initiative supported by reputated partners
Potential for increased small and mid cap coverage
Deutsche Börse´s XBRL initiative
Deutsche Börse´s background motivation
How issuer companies can participate
Overview of the analysis tool
Wider benefits for the German capital market
1
2
3
4
How issuers can participate
Issuers must provide quarterly financial reports
Secure data transfer via Exchange Reporting System (ERS)
Partner role develop taxonomy manage database provide hotline support develop analysis tool
Investors, analysts and IR requirements defined
Deutsche Börse provide internet site, coordination, publicity
Deutsche Börse´s XBRL initiative
Deutsche Börse´s background motivation
How issuer companies can participate
Overview of the analysis tool
Wider benefits for the German capital market
1
2
3
4
Overview of the analysis tool
www.xbrl.deutsche-boerse.com
Deutsche Börse´s XBRL initiative
Deutsche Börse´s background motivation
How issuer companies can participate
Overview of the analysis tool
Wider benefits for the German capital market
1
2
3
4
Wider benefits for the German capital market
Provide a central database for listed company financial reports
Simplified access improves data quality and confidence
Enhanced coverage through electronic access
Cost and time efficient data processing
Data comparision / transparency
Thanks for your attention!
Further information
Guido Abraham
Deutsche Börse AG
Issuer Relations
Tel.: +49 (0) 69 21 11 93 47
eMail: [email protected]