Deutsche Brses XBRL initiative 10 th XBRL International
Deutsche Börse´s XBRL initiative 10 th XBRL International Conference Brussels 17 th November 2004
Deutsche Börse´s XBRL initiative 1 Deutsche Börse´s background motivation 2 How issuer companies can participate 3 Overview of the analysis tool 4 Wider benefits for the German capital market
Deutsche Börse´s backgroundmotivation § 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 1 Deutsche Börse´s background motivation 2 How issuer companies can participate 3 Overview of the analysis tool 4 Wider benefits for the German capital market
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 1 Deutsche Börse´s background motivation 2 How issuer companies can participate 3 Overview of the analysis tool 4 Wider benefits for the German capital market
Overview of the analysis tool www. xbrl. deutsche-boerse. com
Deutsche Börse´s XBRL initiative 1 Deutsche Börse´s background motivation 2 How issuer companies can participate 3 Overview of the analysis tool 4 Wider benefits for the German capital market
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 e. Mail: guido. abraham@deutsche-boerse. com xbrl@deutsche-boerse. com
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