Consolidated intermediate consumption of machinery industry in the Netherlands 2014

Consolidated intermediate consumption is defined by the source as: "the value of the goods and services consumed as inputs by a process of production, excluding fixed assets whose consumption is recorded as consumption of fixed capital, regardless of the date of purchase. (...) This includes for example fuel, raw materials, semi manufactured goods, communication services, cleansing services and audits by accountants".

Moreover, the source states: "The use of fixed assets (industrial structures, machinery, personal traffic equipment) is registered as depreciation, not as intermediate consumption. Purchased goods that are sold without modification are not part of intermediate consumption. The total expenditure to goods and services consists of intermediate consumption together with the final expenditure. Intermediate consumption less internal deliveries is the consolidated intermediate consumption", according to the source.

The source adds: "the official SN calculations use an ex ante interest rate based on the internal reference rate of banks and a risk premium for calculating capital services. The model allows for profits to be made as opposed to the neoclassical model."

* The figures for 2014 are provisional.