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| Glossary annual manufacturing survey |
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Gross production: it is equal to the value of all the products, plus the income due to industrial subcontracting, plus the value of the electric power sold, plus the value of income due to cert tax refund certificate), plus the value of the inventory of products in process at the beginning of the year, plus the value of other operational income. Net investment: The result of discounting the depreciation occurred during the year from the gross investment. Uniform international industrial classification of all economic activities isic rev. 3 adapted for colombia:Dane, following un recommendations and guidelines, used isic version 1 for it studies until 1969; between 1970 and 1999 it organized and grouped the totality of the information corresponding to the manufacturing sector in the “industrial classification for colombia”, which, following the guidelines of isic rev. 2, adapted to national and international statistical needs and requirements. In the year 2000, isic rev.3 adapted for colombia and the central product classification version 1.0 were incorporated into the processing of the annual manufacturing survey, thus complying with national and international statistical needs and requirements. the former groups and organizes the industrial activities developed by the establishments studied, and the latter groups and organizes the products manufactured and the raw materials used by said establishments.br> Manufacturing industry: for purposes of statistical research it is defined as “the mechanical or chemical transformation of organic or inorganic substances into new products, whether the work is performed by power-driven machines or by hand, whether it is done in a factory or ion the worker’s home, and whether the products are sold at wholesale or retail. it includes the assembly of component parts of manufactured products, except in those cases in which that activity belongs to the construction, installation, repair or maintenance sectors, when said activity is performed as a service related to manufacturing.” Reporting unit: as of 1992, the annual manufacturing survey uses the company as the reporting unit which, for statistical purposes, is defined as “the owning or managing economic unit which, under a sole legal name, includes, controls, and directs, whether directly or indirectly, all of the functions and activities necessary for the development of the corporate purpose for which it was created.” in this context, a company may be made up of two or more establishments dedicated to industrial production, mine exploitation, agriculture, marketing, etc, in which case it is considered to be a multiple establishment and multiple activity company. if the company only develops production activities in a single establishment it is classified as a single establishment and single activity company. the company is used as reporting unit in order to obtain the totality of the information regarding all of the activities, other than the industrial one, performed by the company. Statistical unit: The industrial establishment is the statistical unit from which information is requested in the annual manufacturing survey, and it is defined as “the combination of activities and resources that a company or a part of a company performs independently for the production of the most homogeneous group possible of manufactured goods, in or from a location or geographic zone, and regarding which independent records are kept of materials, work force, and other physical resources used in the process of production and in the auxiliary or complementary activities, where auxiliary activities are understood as those that provide services that are not incorporated into the finished product and that are considered to be part of the work and resources of the establishment”. Coverage:: the annual manufacturing survey corresponding to 2002 covered the industrial establishments that employed 10 or more persons, or that registered an annual production value greater than or equal to $ 103 million. the percentage of imputed information corresponds to 1.8% of the total establishments included in the survey. Intermediate consumption: It is defined as the value of all the inputs consumed during the year in the industrial work of the establishment. the calculation of intermediate consumption includes: the consumption value of raw materials, materials and packaging valued at acquisition price (not including indirect taxes), electric power purchased, gifts and free samples, accessories and spare parts used, other fuel consumed, public services (water, mail, telephone, etc.), industrial subcontracting expenses, expenses for industrial activities carried out by workers during home visits, technical fees and services, maintenance and repair services expenses, insurance (except that related to social security), lease of premises and lease goods and chattels. it is important to highlight that until 1991, some of these items were included in the so-called general expenses. as of 1992, that part of the expenses directly related to production is taken as a component of intermediate consumption. When comparing to previous surveys, it is necessary to bear in mind that as of 1992, the calculation of intermediate consumption does not include the information corresponding to indirect taxes (vat and consumption), and that, as of 1995, the cost of the products and raw materials sold without transformation, although explicitly asked about on the form, is not taken into account for the calculation of intermediate consumption.
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