Form BE-11B Report for Foreign Affiliate

Annual Survey of U.S. Direct Investment Abroad

be11b

Annual Survey of U.S. Direct Investment Abroad

OMB: 0608-0053

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FORM

BE-11B

OMB No. 0608-0053: Approval Expires 01/31/2012

(REV. 5/2010)

2010 ANNUAL SURVEY OF U.S. DIRECT INVESTMENT ABROAD
MANDATORY — CONFIDENTIAL

BE-11B (Report for Majority-Owned Foreign Affiliate of U.S. Reporter)
REPORT ELECTRONICALLY:
www.bea.gov/efile

BEA USE ONLY

MAIL REPORTS TO:
U.S. Department of Commerce
Bureau of Economic Analysis, BE-69(A)
Washington, DC 20230

Affiliate ID Number

Name of U.S. Reporter of foreign affiliate – Same as item 1, Form BE-10A

Name of foreign affiliate being reported – Use the same name on all reports filed
subsequently for this affiliate with the Bureau of Economic Analysis, e.g., Form BE-577.

DELIVER REPORTS TO:
U.S. Department of Commerce
Bureau of Economic Analysis, BE-69(A)
Shipping and Receiving,
Section M-100
1441 L Street, NW
Washington, DC 20005
FOR INFORMATION OR ASSISTANCE:
E-mail:
be10/[email protected]
Telephone:
(202) 606-5566
Fax:
(202) 606-5312
Please include your BEA Identification
Number with all requests.
Copies of instructions and blank forms:
www.bea.gov

1002

IMPORTANT
Instruction Booklet — Contains additional instructions, definitions and detailed reporting requirements for completing this form.
Who must report — The U.S. Reporter must file Form BE-11B for each majority-owned foreign affiliate for which total assets; sales or
gross operating revenues, excluding sales taxes; OR net income (loss) after provision for foreign taxes was greater than $60 million
(positive or negative) at the end of, or for, the affiliate’s 2010 fiscal year. See Instruction Booklet, Part I for detailed reporting
requirements.
Due Date — A complete BE-11 report is due May 31, 2011
Translation of foreign currency financial and operating data into U.S. dollars — Use U.S. Generally Accepted Accounting
Principles (FASB ASC 830). See Instruction Booklet, Part IV.B.
Bil.
Mil.
Thous. Dols.
Monetary Values — Report in U.S. dollars rounded to thousands (omitting 000). Do not enter
amounts in the shaded portions of each line. EXAMPLE – If amount is $1,334,891.00, report as

If an item is between + or – $500.00, enter "0." Use parenthesis () to indicate negative numbers.

335 000
98.7 %

Percentages — Report ownership percentages to a tenth of one percent:

Part I — Identification of Majority-Owned Foreign Affiliate
See Additional Instructions for Part I, on page 11 at the back of this form.
3 Country of location — Country in which this foreign affiliate’s physical assets are located or where its primary activity is
carried out — Mark (X) one.
1007

1 601

Australia
Belgium

1 302

202

Brazil

100

Canada

650

1 307

308

1 611

China
France
Germany
Hong Kong

313

1 314

Ireland
Italy

614

Japan

213

Mexico

1 319
1 325
1 327
1

Netherlands
Switzerland
United Kingdom
Other — Specify
Month

4 The ending date of this foreign affiliate’s 2010 fiscal year – The foreign affiliate’s
financial reporting year that has an ending date in calendar year 2010. See Instruction Booklet,
Part II.A.

Day

Year

2010

1009

5 Did the foreign business enterprise become a foreign affiliate of the U.S. Reporter during the fiscal year?
1010

Yes, and this is its initial report — Affiliate was not previously owned by the U.S. Reporter
If "Yes," did the U.S. Reporter — Mark (X) one
2
2

1
2

Establish the foreign affiliate?
Acquire a voting interest of 10 percent or more in an existing foreign company?

⎫
⎬ Enter
⎭ date

Month
3

Year

BE-11B
Part I — Identification of Majority-Owned Foreign Affiliate — Continued
Percent of ownership at close
of fiscal year
DIRECT OWNERSHIP IN THIS FOREIGN AFFILIATE — Enter percent of ownership, to a
tenth of one percent, based on total voting stock, as applicable, if an incorporated affiliate,
or an equivalent interest if an unincorporated affiliate, held directly by

Equity interest

Voting interest

2010
(1)

2010
(2)

6 U.S. Reporter named in item 1 — Report equity interest and voting interest.

1012

7 Other foreign affiliate(s) of U.S. Reporter named in Item 1 — If entry is made here,
complete items 14 and 15.

2
1013
2

8 Other U.S. Reporter(s) of this foreign affiliate — If entry is made here, item 16
must be "Yes."

1014
2

9 Foreign affiliate(s) of other U.S. Reporter(s) — If entry is made here, item 16
must be "Yes."

1015
2

10 Other U.S. persons

1016
2

11 Foreign persons in this affiliate’s country of location (not reported above)

1017
2

12 All other foreign persons (not reported above)

1018
2

13 TOTAL OF DIRECTLY HELD VOTING OWNERSHIP INTERESTS —
Sum of items 6 through 12

100.0 %

1019
2

14 INDIRECT OWNERSHIP IN THIS FOREIGN AFFILIATE — If there is an entry in item 7,
enter U.S. Reporter’s percent of indirect ownership in this affiliate. See Instruction
Booklet, Part I.B.1.c, for instructions on how to calculate indirect ownership percentage.

1020

15 Identification of foreign affiliate parent(s) — If there is an entry in item 7 — Enter below, the name(s) and percent(s) of
ownership of each foreign affiliate of the U.S. Reporter named in item 1 holding a direct ownership interest in this foreign
affiliate. Also, for each foreign affiliate in column (a) that is below the first tier in its ownership chain, enter in column (c)
the name of the foreign affiliate that holds a direct ownership interest in it.
Foreign affiliate(s) holding direct ownership interest in this foreign affiliate
Name and ID Number
Enter name and BEA ID Number of foreign
affiliate(s) holding a direct ownership interest
in this foreign affiliate.

Percent of direct
ownership in this
foreign affiliate

BEA
USE
ONLY

Close FY 2010
(b)

(a)

1191

1192

Name of foreign affiliate, if
any, in ownership chain
that holds direct interest in
foreign affiliate named in
column (a)

1193

(c)

TOTAL — Must equal percentage entered in Item 7

1021

Remarks

BEA
USE
ONLY

2134
FORM BE-11B (REV. 5/2010)

Page 2

Affiliate ID Number

BE-11B

Part I — Identification of Majority-Owned Foreign Affiliate — Continued
16 Do two or more U.S. persons each directly or indirectly own or control at least 10 percent of this foreign affiliate’s voting
rights? Mark (X) one.
1

1022

Yes — Item 8 or 9 must have an entry, and item 17 must be completed.
See Instruction Booklet, Part I.B.2.e.(2).
No — Skip to item 18

17 If the answer to item 16 is "Yes," give name(s) and mailing address(es) of the other U.S. Reporter(s).
Name

Mailing address

18 Major activity of foreign affiliate — Mark (X) one
Select the one activity below that best describes the major activity of the foreign affiliate. For an inactive affiliate,
select the activity based on its last active period; for "start-ups," select the intended activity.
1028

11
1
11
2
1

Producer of goods
Seller of goods the foreign affiliate does not produce
Producer or distributor of information

11
4

Provider of services

11
5

Other – Specify

19 What is the MAJOR product or service involved in this activity? If a product, briefly state what is done to it, i.e., whether it is
mined, manufactured, sold at wholesale, packaged, transported, etc. (For example, "Manufacture widgets.")
1029

Remarks

1025

BEA
USE
ONLY

1026

1027

FORM BE-11B (REV. 5/2010)

Page 3

Affiliate ID Number

BE-11B

Part I — Identification of Majority-Owned Foreign Affiliate — Continued
Industry classification of foreign affiliate (based on sales or gross operating
revenues) — Enter the 4-digit International Surveys Industry (ISI) code(s) and the
sales or gross operating revenues associated with each code. For a full explanation
of each code, see the Guide to Industry Classifications for International
Surveys, 2007. For an inactive affiliate, enter an ISI code based on its last active
period. Holding companies (ISI code 5512) must show total income as reported in
item 39. Holding companies see Additional Instructions on page 11 for Part I,
items 20-28.
20 Largest sales or gross operating revenues

ISI code

Sales or gross
operating revenues

(1)

(2)
$ Bil. Mil. Thous. Dols.

000

1030

21 2nd largest sales or gross operating revenues

000

1031

22 3rd largest sales or gross operating revenues

000

1032

23 4th largest sales or gross operating revenues

000

1033

24 5th largest sales or gross operating revenues

000

1034

25 6th largest sales or gross operating revenues

000

1035

26 7th largest sales or gross operating revenues

000

1036
2

27 Sales or gross operating revenues not accounted for above

000

1037
2

28 TOTAL SALES OR GROSS OPERATING REVENUES — Sum of
items 20 through 27

000

1038

Remarks

1039

BEA
USE
ONLY

1040

1041

FORM BE-11B (REV. 5/2010)

Page 4

BE-11B
Part II — Financial and Operating Data of Majority-Owned Foreign Affiliate
Section A — Number of Employees and Employee Compensation — See Additional Instructions for Part II, Section A, on
page 11 at the back of this form.
NUMBER OF EMPLOYEES — Employees on the payroll at the end of FY 2010 including part-time employees, but excluding temporary
and contract employees not included on your payroll records. A count taken at some other date during the reporting period may be
given provided it is a reasonable estimate of employees on the payroll at the end of FY 2010. If the number of employees at the end of
FY 2010 (or when the count was taken) was unusually high or low due to temporary factors (e.g., a strike), enter the number of
employees that reflects normal operations. If the number of employees fluctuates widely during the year due to seasonal business
variations, report the average number of employees on the payroll during FY 2010. Base such an average on the number of employees
on the payroll at the end of each pay period, month or quarter. If precise figures are not available, give your best estimate.
EMPLOYEE COMPENSATION — Expenditures made by an employer in connection with the employment of workers, including cash
payments, payments in-kind, and employer expenditures for employee benefit plans including those required by statute. Base
compensation data on payroll records. Report compensation which relates to activities that occurred during the reporting period
regardless of whether the activities were charged as an expense on the income statement, charged to inventories, or capitalized. DO
NOT include data related to activities of a prior period, such as those capitalized or charged to inventories in prior periods. DO NOT
include compensation of contract workers not carried on the payroll of this affiliate.
Number of
employees
NUMBER OF EMPLOYEES

29 TOTAL NUMBER OF EMPLOYEES

2105

EMPLOYEE COMPENSATION
Amount

30 TOTAL EMPLOYEE COMPENSATION — Report, for all employees, the sum of
a. Wages and salaries — Employees’ gross earnings (before payroll deductions), and direct and
in-kind payments by the employer to employees; and
b. Employee benefit plans — Employer expenditures for all employee benefit plans

$ Bil. Mil. Thous. Dols.
1

000

2110

31 If total employee compensation, item 30, is zero, is the compensation on the payroll of another foreign
affiliate?
2111

Yes

No — Explain why compensation is zero.

32 Intentionally blank

Section B — Technology — See Additional Instructions for Part II, Section B, on page 11 at the back of this form.

Amount

RESEARCH AND DEVELOPMENT (R&D) EXPENDITURES — Item 33 pertains to only R&D performed by the
foreign affiliate, including R&D performed by the affiliate for others (including the U.S. Reporter or its other foreign
affiliates) under contract. This is the basis on which National Science Foundation surveys request information on
R&D. (Exclude the cost of any R&D funded by the affiliate but performed by others, such as the affiliate’s allocated
share of R&D performed by the U.S. Reporter (report such R&D on Form BE-11A, item 51).

$ Bil. Mil. Thous. Dols.
1

Include all costs incurred in performing R&D, including depreciation, amortization, wages and salaries, property
taxes and other taxes (except income taxes), materials and supplies, allocated overhead, and indirect costs.

000

2155

33 R&D performed BY the affiliate

Section C — Size of Foreign Affiliate
34 Did this foreign affiliate have any one of these three items: (1) total assets, (2) sales or gross operating revenues,
excluding sales taxes or (3) net income (loss), greater than $300 million at the end of, or for, the affiliate’s 2010 fiscal
year?
2153

1
1

Yes — Skip to Part IV on page 6

No — Complete Part III on page 5, then continue with Part V on page 10

Remarks

BEA
USE
ONLY

2134
FORM BE-11B (REV. 5/2010)

Page 5

BE-11B
Part III — Financial and Operating Data of Mayority-Owned Foreign Affiliate With Assets, Sales, And Net
Income (Loss) Less Than or Equal to $300 Million
Complete ONLY if the answer to item 34 is "No."
Amount

Section A — Income — See Additional Instructions for Part IV, Section A, on page 11 at the back of this form.

$ Bil. Mil. Thous. Dols.
1

35 Net income (loss)

000

2151

Section B — Distribution of Sales or Gross Operating Revenues
36 Sales or
gross
operating
revenues,
excluding
sales taxes

Local sales

TOTAL
Column (1) equals
the sum of
columns (2)
through (7)
(1)
$ Bil. Mil. Thous. Dols.

To other
foreign
affiliates of
the U.S.
Reporter(s)

To
unaffiliated
customers

(2)
2

Sales to U.S.
To
unaffiliated
customers

To U.S.
Reporter(s)
(4)

(3)
3

Sales to other countries
To other
foreign
affiliates of
the U.S.
Reporter(s)
(6)

(5)
5

To
unaffiliated
customers
(7)

000

2154

Section C — Balance Sheet — See Additional Instructions for Part IV, Section B, on page 11 at the
back of this form.

Balance at close
of FY 2010

Disaggregate all asset and liability items in the detail shown. Show accounts receivable and payable
between the U.S. Reporter and its foreign affiliate in the proper asset and liability accounts of the foreign
affiliate. Do not report them as a net amount.

$ Bil. Mil. Thous. Dols.
1

37 Total assets

000

1090
1

38 Of which: Property, plant, and equipment, net

000

1084
1

39 Total liabilities

000

1094
1

40 Total owners’ equity — Equals item 37 minus item 39

000

1101

Section D — Property, Plant, and Equipment (PP&E) Expenditures — See Additional Instructions for
Part IV, Section F, on page 12 at the back of this form.

Amount

PP&E includes land, timber, mineral and like rights owned, structures, machinery, equipment, special
tools, and other depreciable property; construction in progress; and capitalized and expensed tangible
and intangible exploration and development costs, but excludes other types of intangible assets, and land
held for resale. Insurance companies see Special Instructions, B.3.b., page 13.
41 Expenditures for new and used property, plant, and equipment (PP&E)

$ Bil. Mil. Thous. Dols.
1

000

2157

42 Intentionally blank

➙ Skip to Part V on page 10.
●
Remarks

BEA
USE
ONLY

2159

FORM BE-11B (REV. 5/2010)

Page 6

Affiliate ID Number

BE-11B

Part IV — Financial and Operating Data of Mayority-Owned Foreign Affiliate With
Assets, Sales, or Net Income (Loss) Greater Than or Equal to $300 Million
Complete ONLY if the answer to item 34 is "Yes."

➙ If you completed Part III, skip to Part V on page 10.
●
Section A — Income Statement — See Additional Instructions for Part IV, Section A, on page 11 at
the back of this form.

Amount

INCOME

$ Bil. Mil. Thous. Dols.

43 Sales or gross operating revenues, excluding sales taxes — Must equal item 77, column (1).
(Dealers in financial instruments see Special Instructions, A.1., page 12; insurance companies
see Special Instructions, B.3.a., page 13.)

44 Income from equity investments in foreign affiliates — For foreign affiliates owned 20 percent
or more (including those that are majority-owned), report equity in earnings during the reporting
period; for those owned less than 20 percent, report dividends or distributed earnings for
unincorporated affiliates. Do not include interest income.

000

2041
1

2042
1

45 Income from other equity investments

2043

000
000

46 Certain gains (losses) — Read the following instructions carefully as they may deviate from what is
normally required by U.S. Generally Accepted Accounting Principles. Report gross before income tax
effect. Include income tax effect in item 50. Report gains (losses) resulting from:
a. Sale or disposition of financial assets including investment securities; FASB ASC 320 holding gains
(losses) on securities classified as trading securities; FASB ASC 320 impairment losses; and gains
(losses) derived from derivative instruments. Dealers in financial instruments (including securities,
currencies, derivatives, and other financial instruments) and finance and insurance companies, see
Special Instructions, A.1., page 13;
b. Sales or dispositions of land, other property, plant and equipment, or other assets, and FASB ASC 360
impairment losses. Exclude gains or losses from the sale of inventory assets in the ordinary course of
trade or business. Real estate companies, see Special Instructions, A.2., page 13;
c. Goodwill impairment as defined by FASB ASC 350;
d. Restructuring. Include restructuring costs that reflect write-downs or write-offs of assets or liabilities.
Exclude actual payments and charges to establish reserves for future expected payments, such as
for severance pay, and fees to accountants, lawyers, consultants, or other contractors. Report them
in item 49;
e. Disposals of discontinued operations. Exclude income from the operations of a discontinued segment.
Report such income as part of your income from operations in items 28 and 43;
f. Re-measurement of foreign affiliate’s foreign-currency-denominated assets and liabilities due to
changes in foreign exchange rates during the reporting period;
g. Extraordinary, unusual, or infrequently occurring items that are material. Include losses from
accidental damage or disasters after estimated insurance reimbursement. Include other material
items, including write-ups, write-downs, and write-offs of tangible and intangible assets; gains
(losses) from the sale or other disposition of capital assets; and gains (losses) from the sale or other
disposition of financial assets, including securities, to the extent not included above. Excludelegal
judgments. Report legal judgements against the foreign affiliate in item 49. Report legal settlements
in favor of the foreign affiliate in item 47;
h. The cumulative effect of a change in accounting principle;
i. The cumulative effect of a change in the estimate of stock compensation forfeitures under FASB
ASC 718.

000

2044
1

47 Other income —Specify

000

2045
1

48 TOTAL INCOME — Sum of items 43 through 47

000

2046

Remarks

BEA
USE
ONLY

1027

FORM BE-11B (REV. 5/2010)

Page 7

Affiliate ID Number

BE-11B

Part IV — Financial and Operating Data of Mayority-Owned Foreign Affiliate With Assets,
Sales, or Net Income (Loss) Greater Than or Equal to $300 Million — Continued
Amount
COSTS AND EXPENSES

$ Bil. Mil. Thous. Dols.
1

49 Cost of goods sold or services rendered and selling, general, and administrative
expenses — (Insurance companies see Special Instructions, B.3.c., page 13.)

000

2047
1

50 Foreign income taxes — Provision for foreign income taxes for FY 2010
51 Other costs and expenses not included above. Include noncontrolling interests in profits
and losses per FASB ASC 810. — Specify

000

2048
1

000

2049
1

52 TOTAL COSTS AND EXPENSES — Sum of items 49 through 51

000

2050
1

NET INCOME
53 NET INCOME (LOSS) — Item 48 minus item 52

000

2051

Remarks

BEA
USE
ONLY

1027

FORM BE-11B (REV. 5/2010)

Page 8

Affiliate ID Number

BE-11B

Part IV — Financial and Operating Data of Mayority-Owned Foreign Affiliate With
Assets, Sales, or Net Income (Loss) Greater Than or Equal to $300 Million — Continued
Section B — Balance Sheet — See Additional Instructions for Part IV, Section B, on page 11 at the
back of this form.
Balance at close
of fiscal year

$ Bil. Mil. Thous. Dols.
1

ASSETS (Insurance companies see Special Instructions, B.2. and B.3.f., page 13.)
54 Trade accounts and trade notes receivable, current — Net of allowance for doubtful accounts.

000

2081
1

55 Inventories

000

2082
1

56 Property, plant, and equipment — Gross

000

2084
1

57 Accumulated depreciation and depletion

2085

58 Equity investments in other foreign affiliates of which this affiliate is a parent — Report foreign
affiliates owned 20 percent or more (including majority-owned affiliates) on an equity basis. Report
foreign affiliates owned less than 20 percent in accordance with FASB ASC 320 or lower of cost or
market, as appropriate.

(

)

000

2086
1

59 Other assets — Other assets not reported elsewhere (including cash, other equity investments and
noncurrent marketable securities, land held for resale, receivables and other investments).

000

2089
1

60 TOTAL ASSETS — Sum of items 54 through 59

000

2090
1

LIABILITIES (Insurance companies see Special instructions, B.3.f., page 13)
61 Trade accounts and trade notes payable, current

000

2092
1

62 Other liabilities

000

2093
1

63 TOTAL LIABILITIES — Sum of items 61 and 62

000

2094
1

OWNERS’ EQUITY — INCORPORATED AFFILIATE ONLY, complete items 64 through 70
64 Capital stock and additional paid-in capital

000

2095
1

65 Retained earnings (deficit)

000

2096

Balance at close
of fiscal year

Accumulated other comprehensive income (loss)

$ Bil.

Mil.

Thous. Dols.

66 Translation adjustment component

2097
1

67 All other components

000

2098
1

68 Total accumulated other comprehensive income (loss) —
Equals sum of items 66 and 67.

000

2099
1

69 Other — Include treasury stock and involuntarily (or legally) restricted earnings, and noncontrolling
interests per FASB ASC 810. — Specify

000

2100
1

70 TOTAL OWNERS’ EQUITY (INCORPORATED FOREIGN AFFILIATE) — Equals item 60
minus item 63 and, equals the sum of items 64, 65, 68, and 69.

000

2101
1

OWNERS’ EQUITY — UNINCORPORATED AFFILIATE ONLY, complete items 71 and 72
71 TOTAL OWNERS’ EQUITY (UNINCORPORATED FOREIGN AFFILIATE) —
Equals item 60 minus item 63.

000

2102
1

72 Translation adjustment — Cumulative amount at year end (per FASB ASC 830) — That portion
of item 71 representing the affiliate’s cumulative translation adjustment account.

BEA
USE
ONLY

000

2103

2104

2105

FORM BE-11B (REV. 5/2010)

Page 9

Affiliate ID Number

BE-11B

Part IV — Financial and Operating Data of Mayority-Owned Foreign Affiliate With
Assets, Sales, or Net Income (Loss) Greater Than or Equal to $300 Million — Continued
Section C — Insurance
73 INSURANCE INDUSTRY ACTIVITIES — Premiums earned and losses incurred
Report premiums earned and losses incurred for insurance related activities covered by industry codes 5243
(Insurance carriers, except life insurance carriers) and 5249 (Life insurance carriers).
a. Of the total sales and gross operating revenues reported in item 28, column 2, were any of the sales or
revenues generated by insurance related activities covered by industry codes 5243 or 5249?
2113

1
1

Yes – Answer b and c

No – Skip to item 74
Amount
NOTE: Complete b and c ONLY if a is answered "Yes."
$ Bil. Mil. Thous. Dols.

b. Premiums earned – Report premiums, gross of commissions, included in revenue during the
reporting year. Calculate as direct premiums written (including renewals) net of cancellations,
plus reinsurance premiums assumed, minus reinsurance premiums ceded, plus unearned
premiums at the beginning of the year, minus unearned premiums at the end of the year.
Exclude all annuity premiums. Also exclude premiums and policy fees related to universal and
adjustable life, variable and interest-sensitive life, and variable-universal life policies.

000

2114

c. Losses incurred — Report losses incurred for the insurance products covered by b above.
Exclude loss adjustment expenses and losses that relate to annuities. Also exclude losses related
to universal and adjustable life, variable and interest-sensitive life, and variable-universal life
policies.
For property and casualty insurance, calculate as net losses paid during the reporting year,
minus net unpaid losses at the beginning of the year, plus net unpaid losses at the end of the
year. In the calculation of net losses, include losses on reinsurance assumed from other
companies and exclude losses on reinsurance ceded to other companies. Unpaid losses include
both case reserves and losses incurred but not reported.
For life insurance, losses reflect policy claims on reinsurance assumed or on primary insurance
sold, minus losses recovered from reinsurance ceded, adjusted for changes in claims due,
unpaid, and in the course of settlement.

000

2115

Amount

Section D — Interest and Taxes
74 Interest income — Interest received or due to the affiliate from all payors (including affiliated
persons), net of tax withheld at the source. Include all interest receipts included in items 43 and 47.
Do not net against interest expensed, item 75.
75 Interest expensed or capitalized — Interest expensed or capitalized by the affiliate, paid or due to all
payees (including affiliated persons), gross of tax withheld. Do not net against interest income, item 74.
76 Taxes (other than income and payroll taxes) and nontax payments (other than production
royalty payments) — Report all such taxes and nontax payments whether or not included in
revenues or expenses in the income statement. Include amounts paid or accrued for the year, net of
refunds or credits, to foreign governments, their subdivisions and agencies for —
a. Sales, value added, consumption, and excise taxes collected by the affiliate on goods and
services that the affiliate sold;
b. Property and other taxes on the value of assets and capital;
c. Any remaining taxes (other than income and payroll taxes); and
d. Import and export duties, license fees, fines, penalties, and all other payments or accruals of
nontax liabilities (other than production royalty payments for natural resources).

$ Bil. Mil. Thous. Dols.
1

000

2124
1

000

2125
1

000

2127

Remarks

BEA
USE
ONLY

2134
FORM BE-11B (REV. 5/2010)

Page 10

BE-11B
Part IV — Financial and Operating Data of Mayority-Owned Foreign Affiliate With
Assets, Sales, or Net Income (Loss) Greater Than or Equal to $300 Million — Continued
Section E — Distribution of Sales or Gross Operating Revenues — See Additional Instructions for Part IV, Section E, on page 12
at the back of this form.
Distribute sales or gross operating revenues among three categories – sales of goods, sales of services, and investment income. For the
purpose of this distribution, "goods" are normally economic outputs that are tangible and "services" are normally economic outputs that
are intangible. When a sale consists of both goods and services and cannot be unbundled (i.e., the goods and services are not separately
billed), classify the sales as goods or services based on whichever accounts for a majority of the value. Give best estimates if actual
figures are not available. Insurance companies also see Special Instructions, B.3.d. and e., page 13.
77 Sales or gross
operating
revenues,
excluding
sales taxes

Local sales
TOTAL
Column (1) equals
the sum of
columns (2)
through (7)

a. Column (1)
equals item
43.

b. Each column
of line 77
equals the
(1)
sum of
items 78, 79 $ Bil. Mil. Thous. Dols.
and 80.
1

79 Sales of
services

(2)

(3)

To other
foreign
affiliates of
the U.S.
Reporter(s)

To
unaffiliated
customers

To U.S.
Reporter(s)

(5)

(4)

To
unaffiliated
customers

(7)

(6)

000

3055
1

000

3056

80 Investment
3057
income

To
unaffiliated
customers

Sales to other countries

000

3054

BY TYPE
78 Sales of
goods

To other
foreign
affiliates of
the U.S.
Reporter(s)

Sales to U.S.

000

Section F — Property, Plant and Equipment (PP&E) — See Additional Instructions for Part IV, Section F, on page 12
at the back of this form.
PP&E includes land, timber, mineral and like rights owned, structures, machinery, equipment, special tools,
and other depreciable property; construction in progress; and capitalized and expensed tangible and
intangible exploration and development costs, but excludes other types of intangible assets, and land held
for resale. (Insurance companies see Special Instructions, B.3.g, page 13.)
81 Expenditures for new and used property, plant, and equipment (PP&E)

Amount
$ Bil. Mil. Thous. Dols.
1

000

3109

82 Current-period depreciation and depletion — Current-period charges against property, plant, and
equipment included in item 57.

000

3111

Remarks

BEA
USE
ONLY

2134
FORM BE-11B (REV. 5/2010)

Page 11

BE-11B
Part IV — Financial and Operating Data of Mayority-Owned Foreign Affiliate With
Assets, Sales, or Net Income (Loss) Greater Than or Equal to $300 Million — Continued
Amount

Section G — Change in Retained Earnings of Incorporated Foreign Affiliate or in Total Owners’ Equity of
Unincorporated Foreign Affiliate
83

Balance, close FY 2009 before restatement due to a change in the entity or a change in
accounting methods or principles, if any —

$ Bil. Mil. Thous. Dols.
1

CHANGES DURING FY 2010
84

000

3117

Restatement due to a change in the entity (i.e., due to mergers, acquisitions, divestitures, etc.) or
due to a change in accounting methods or principles. — Specify reasons for change

000

3118
1

85
86

Net income (loss) — Enter amount from item 53.
Dividends or net income remitted to owners
Incorporated affiliate — Enter amount of dividends declared, before deduction of withholding taxes, out of
current- and prior-period income on common and preferred stock during FY 2010.
Exclude stock and liquidating dividends.
Unincorporated affiliate — Enter amount of current- and prior-period net income remitted to owners
during FY 2010.

Other increases (decreases) — Enter other increases (decreases) in retained earnings of an incorporated
affiliate, including stock dividends and liquidating dividends, or in total owners’ equity of an
unincorporated affiliate, including capital contributions (return of capital) — Specify

000

3119
1

000

3120
1

000

3122

Balance, close FY 2010 — Sum of items 83, 84, 85, and 87, minus 86. Also, for an incorporated
affiliate, this item equals item 65. For an unincorporated affiliate, this item equals item 71.

000

3123

Remarks

BEA
USE
ONLY

2134
FORM BE-11B (REV. 5/2010)

Page 12

Affiliate ID Number

BE-11B

Part V — U.S. Exports to and U.S. Imports From Majority-Owned Foreign Affiliate
Goods only valued f.a.s. at port of exportation; do not include services — See Instruction Booklet, Part V.
IMPORTANT NOTES
In-transit goods — Exclude from exports and imports the value
of goods that are in-transit. In-transit goods are goods that are
not processed or consumed by residents in the intermediate
country(ies) through which they transit; the in-transit goods enter
that country(ies) only because that country(ies) is along the
shipping lines between the exporting and importing countries.
In-transit imports are goods en route from one foreign country to
another via the United States (such as from Canada to Mexico via
the United States), and in-transit exports are goods en route from
one part of the United States to another part via a foreign
country (such as from Alaska to Washington State via Canada).

Report U.S. exports of goods to and U.S. imports of goods from
the foreign affiliate in FY 2010. Report all goods that physically
left or entered the U.S. customs area. Report data on a "shipped"
basis, i.e., on the basis of when and to (or by) whom the goods
were shipped. This is the same basis as official U.S. trade
statistics to which these data will be compared. Do not record a
U.S. import or export if the goods did not physically enter or
leave (i.e., were not physically shipped to or from) the United
States, even if they were charged to the foreign affiliate by, or
charged by the foreign affiliate to, a U.S. person.
Foreign affiliates normally keep their accounting records on a
"charged" basis, i.e., on the basis of when and to (or by) whom
the goods were charged. The "charged" basis may be used if
there is no material difference between it and the "shipped"
basis. If there is a material difference, the "shipped" basis must
be used or adjustments made to the data on a "charged" basis to
approximate a "shipped" basis. The data should include goods
only; they should exclude services.

Packaged general use computer software — Include exports and
imports of packaged general use computer software. Value such
exports and imports at the full transaction value, i.e., the market
value of the media on which the software is recorded and the value
of the information contained on the media. Do not include exports
and imports of customized software designed to meet the needs of a
specific user. This type of software is considered a service and
should not be included as trade in goods. Also do not include
negotiated leasing fees for software that is to be used on networks.

Capital goods — Include capital goods but exclude the value of
ships, planes, railroad rolling stock, and trucks that were
temporarily outside the United States transporting people or
goods.

Natural gas, electricity, and water — Report ONLY the product
value of natural gas, electricity, and water that you produce or sell at
wholesale as exports and imports of goods. DO NOT report the
service value (transmission and distribution).

Consigned goods — Include consigned goods in the trade
figures when shipped or received, even though they are not
normally recorded as sales or purchases, or entered into
intercompany accounts when initially consigned.
89

On what basis were the trade data in the section prepared? — Mark (X) one.

4172

"Shipped" basis

"Charged" basis without adjustments, because there is no material difference between the "charged" and "shipped"
bases.
"Charged" basis with adjustments to correct for material differences between the "charged" and "shipped" bases.

U.S. EXPORTS OF GOODS TO THIS FOREIGN
AFFILIATE (Valued f.a.s. U.S. port)

TOTAL

Shipped by U.S.
Reporter(s)

Shipped by other
U.S. persons

(1)

(2)

(3)

$ Bil. Mil.Thous. Dols. $ Bil. Mil.Thous. Dols. $ Bil. Mil.Thous. Dols.
1

Total goods shipped in FY 2010 from the U.S.
to this affiliate

000

4173

U.S. IMPORTS OF GOODS FROM THIS FOREIGN
AFFILIATE (Valued f.a.s. foreign port)

000

TOTAL

Shipped to U.S.
Reporter(s)

Shipped to other
U.S. persons

(1)

(2)

(3)

$ Bil. Mil.Thous. Dols. $ Bil. Mil.Thous. Dols. $ Bil. Mil.Thous. Dols.
91

Total goods shipped in FY 2010 to the U.S.
by this affiliate

4178

000

Remarks

BEA
USE
ONLY

4179

FORM BE-11B (REV. 5/2010)

Page 13

000

BE-11B

2010 ANNUAL SURVEY OF U.S. DIRECT INVESTMENT ABROAD
FORM BE-11B
ADDITIONAL INSTRUCTIONS BY ITEM
Part I — Identification of Foreign Affiliate
3. Country of location — If the affiliate is engaged in petroleum
shipping, other water transportation, or oil and gas drilling, and has
operations spanning more than one country, use country of
incorporation for country of location. For example, classify in
country of incorporation an oil drilling rig that moves from country
to country during the year.
6. Ownership by U.S. Reporter named in item 1.
Equity interest is the U.S. Reporter’s direct ownership in the total
equity (voting and nonvoting) of the affiliate. Examples of
nonvoting equity include nonvoting stock and a limited partner’s
interest in a partnership.
Voting interest is the U.S. Reporter’s direct ownership in just the
voting equity of the affiliate. Examples of voting equity include
voting stock and a general partner’s interest in a partnership.
Thus, a U.S. Reporter could have a 100 percent direct voting
interest in an affiliate but own less than 100 percent of the
affiliate’s total equity.
20.—28.
Sales or gross operating revenues of foreign affiliate, by
industry of sales or gross operating revenues. See
Additional Instructions for Part IV, Section A, item 43 below.
Holding companies (ISI code 5512) must show total income as
reported in item 48. To be considered a holding company, income
from equity investments (items 44 and 45) must be more than 50
percent of total income (item 48). In addition, normally at least 50
percent of total assets must consist of investments in affiliates. ISI
code 5512, (holding company), is an invalid classification if more
than 50 percent of income generated, or expected to be generated,
by an affiliate is from non-holding company activities.
Dealers in financial instruments and finance, insurance, and
real estate companies see Special Instructions on page 13.

Part II — Financial and Operating Data of Foreign
Affiliate — Continued
Section A — Number of Employees and Employee
Compensation
30. Employee compensation — Consists of wages and salaries of
employees and employer expenditures for all employee benefit
plans.
Wages and salaries — Include gross earnings of all employees
before deduction of employees’ payroll withholding taxes, social
insurance contributions, group insurance premiums, union dues,
etc. Include time and piece-rate payments, cost of living
adjustments, overtime pay and shift differentials, bonuses, profit
sharing amounts, stock based compensation, and commissions.
Exclude commissions paid to independent personnel who are not
employees.
Include direct payments by employers for vacations, sick leave,
severance (redundancy) pay, etc. Exclude payments made by, or
on behalf of, benefit funds rather than by the employer. (Include
employer contributions to benefit funds in "employee benefit
plans.")
Include in-kind payments, valued at their cost, that are clearly and
primarily of benefit to the employees as consumers. Do not include
expenditures that benefit employers as well as employees, such as
expenditures for plant facilities, employee training programs, and
reimbursement of business expenses.
Employee benefit plans — Include employer expenditures for all
employee benefit plans including those mandated by government
statute, those resulting from collective bargaining contracts and
those that are voluntary. Include Social Security and other
retirement plans, life and disability insurance, guaranteed sick pay
programs, workers’ compensation insurance, medical insurance,
family allowances, unemployment insurance, severance pay funds,
etc. Also, include deferred post-employment and post-retirement
expenses per FASB ASC 715. If plans are financed jointly by the
employer and the employee, include only the contributions of the
employer.

FORM BE-11B (REV. 5/2010)

Section B — Technology
33. Research and development expenditures — R&D includes
the following:
1. The planned, systematic pursuit of new knowledge or
understanding toward general application (basic
research);
2. The acquisition of knowledge or understanding to meet a
specific, recognized need (applied research); and
3. The application of knowledge or understanding toward
the production or improvement of a product, service,
process, or method (development).
Basic research is the pursuit of new scientific knowledge or
understanding that does not have specific immediate
commercial objectives, although it may be in fields of present
or potential commercial interest.
Applied research applies the findings of basic research or
other existing knowledge toward discovering new scientific
knowledge that has specific commercial objectives with respect
to new products, services, processes, or methods.
Development is the systematic use of the knowledge or
understanding gained from research or practical experience
directed toward the production or significant improvement of
useful products, services, processes, or methods, including the
design and development of prototypes, materials, devices, and
systems.
R&D includes the activities described above, whether assigned
to separate organizational units of the company or conducted by
company laboratories and technical groups that are not a part of
a separate R&D organization.
Exclude expenditures for quality control; routine product testing;
market research; sales promotion, sales service, and other
nontechnological activities; routine technical services; research
in the social sciences or psychology; geological and geophysical
exploration activities, and advertising programs to promote or
demonstrate new products or processes.
Include all costs incurred to support R&D. Include wages,
salaries, and related costs; materials and supplies consumed;
R&D depreciation, cost of computer software used in R&D
activities; utilities, such as telephone, telex, electricity, water,
and gas; travel costs and professional dues; property taxes and
other taxes (except income taxes) incurred on account of the
R&D organization or the facilities they use; insurance expenses;
maintenance and repair, including maintenance of buildings and
grounds; company overhead including: personnel, accounting,
procurement and inventory, and salaries of research executives
not on the payroll of the R&D organization. Exclude capital
expenditures, expenditures for tests and evaluations once a
prototype becomes a production model, patent expenses, and
income taxes and interest.

Part IV — Financial and Operating Data of Foreign
Affiliate Greater Than $300 Million
Section A — Income Statement
43. Sales or gross operating revenues, excluding sales taxes —
Report gross operating revenues or gross sales minus returns,
allowances, and discounts. Exclude sales or consumption taxes
levied directly on the consumer. Exclude net value-added and
excise taxes levied on manufacturers, wholesalers, and retailers.
Include revenues generated during the year from the operations of
a discontinued business segment, but exclude gains or losses
from disposals of discontinued operations. Report such gains or
losses on page 6, item 46. Affiliates classified in ISI codes 5221,
5223, 5224, 5229, 5231, 5238, 5252 and 5331 report interest income
on this line. Insurance companies with ISI codes 5243 and 5249
should include gross investment income in this item. Dealers in
financial instruments and finance, insurance, and real estate
companies see Special Instructions on page 13.

Page 14

BE-11B
Part IV — Financial and Operating Data of Foreign
Affiliate Greater Than $300 Million — Continued
44. Income from equity investments in foreign affiliates —
Report income from equity investments shown in item 58 of all
foreign affiliates whether or not they are required to file a form
BE-11. Do not report interest income here. Report interest in item
43 or 47 as appropriate.
45. Income from other equity investments — Report income from
equity investments included in item 59. Do not include interest
income here. Report interest in item 43 or 47 as appropriate.
47. Other income — Report non-operating and other income not
included in items 43—46.
49. Cost of goods sold or services rendered and selling,
general, and administrative expenses — Report operating
expenses that relate to sales or gross operating revenues (item 43)
and selling, general, and administrative expenses. Include
production royalty payments to governments, their subdivisions
and agencies, and to other persons. Include depletion charges
representing the amortization of the actual cost of capital assets
but exclude all other depletion charges. Companies with ISI codes
5221, 5223, 5224, 5229, 5231, 5238, 5252 and 5331 should include
interest expense.
50. Foreign income taxes — Exclude production royalty payments
and U.S. income taxes.
51. Other costs and expenses not included above, including
minority interests in income (loss) that arise out of consolidation — Report the net effect of any minority interest in the
income and expense items as a lump sum in this item.

• Software downloaded from the Internet, electronic mail, an

Extranet, an Electronic Data Interchange network, or some other
online system.
• Computer systems design and related services.
• Negotiated licensing fees for software to be used on networks.
• Electricity transmission and distribution, natural gas distribution,
and water distribution.
Report the source of real estate rental income in columns 2
through 7 based on the location of the property.
80. Investment income — Report dividends and interest generated
by finance and insurance activities as investment income. NOTE:
Report commissions and fees as sales of services in item 79.
Finance or insurance companies that include investment income in
gross operating revenues should report the source of such
investment income in columns 2 through 7 based on the location
of the issuer of the financial instrument whether publicly issued or
privately placed. If the location of the issuer is unknown, then
substitute the nationality of the issuer. If both the location and
nationality of the issuer are unknown, and an intermediary (e.g.,
trustee, custodian, or nominee) is used to manage the investment
(financial instrument or real estate) use the country of location of
the intermediary.

Section B — Balance Sheet
55. Inventories — Land development companies should exclude
land held for resale (include in item 59). Finance and insurance
companies should exclude inventories of marketable securities
(include in item 59).
56. Property, plant, and equipment gross — Report gross book
Section E — Distribution of Sales or Gross Operating
value of land, timber, mineral rights and similar rights owned. Also
Revenues
include structures, machinery, equipment, special tools, deposit
77.—80.
containers, construction in progress, and capitalized tangible and
intangible exploration and development costs of the foreign
Disaggregate the total sales or gross operating revenues into sales
affiliate. Include items on capital leases from others, per FASB ASC
of goods, investment income, and sales of services.
840. Exclude all other types of intangible assets, and land held for
78. Sales of goods — Goods are normally economic outputs that are
resale. (Unincorporated affiliates include items owned by the
tangible. Report as sales of goods:
U.S. Reporter(s) but in the affiliate’s possession whether or not
• Mass produced media, including exposed film, video tapes, DVDs,
carried on the affiliate’s books or records. However, insurance
audio tapes, and CDs.
companies see Special Instructions B.2, page 15.)
• Books. NOTE: Book publishers – To the extent feasible, report as
58. Equity investments in other foreign affiliates of which this
sales of services all revenues associated with the design, editing,
affiliate is a parent — Report this affiliate’s equity investment
and marketing activities necessary for producing and distributing
in other foreign affiliates of the U.S. Reporter(s), including
books that you both publish and sell. If you cannot unbundle (i.e.,
branches of this affiliate. (If this line has an entry, item 44 should
separate) these revenues from the value of the books you sell,
contain data.)
then report your total sales as sales of goods or services based
Other assets — Include cash, CDs representing cash on deposit
59.
on the activity that accounts for a majority of the value.
with others; CDs held by others; other equity investments;
• Energy trading activities where you take title to the goods.
noncurrent marketable securities; other noncurrent investments;
NOTE: If you act in the capacity of a broker or agent to facilitate
noncurrent trade accounts and trade notes receivable net of
the sale of goods and you do not take title to the goods, report
allowance for doubtful items; intangible assets net of amortization;
your revenue (i.e., commissions) as sale of services in item 79.
and any other noncurrent assets not reported elsewhere. Report
credit balances in these accounts in item 62, other liabilities.
• Magazines and periodicals sold in retail stores. NOTE: Report
subscription sales as sales of services in item 79.
62. Other liabilities — Include noncurrent items, deferred taxes,
minority interest in consolidated subsidiaries, and long-term debt.
• Packaged general use computer software.
64. Capital stock and additional paid-in capital — Include
• Structures sold by businesses in real estate.
common and preferred, voting and nonvoting capital stock and
• Revenues earned from building structures by businesses in
additional paid-in capital.
construction
65.
Retained earnings (deficit) — Include earnings retained by the
• Electricity, Natural gas, and Water. NOTE: Revenues derived from
corporation and legally available for dividends; and earnings
transmitting and/or distributing these goods, as opposed to
voluntarily restricted.
revenues derived from the sale of the actual product, should to
67. All other components of owner’s equity — Include the
the extent feasible, be reported as sales of services in item 79.
cumulative balance of unrealized holding gains and losses due to
79. Sales of services — Services are normally economic outputs that
changes in the valuation of available-for-sale securities per FASB
are intangible. Report as sales of services:
ASC 320 and any other comprehensive income items required to
• Advertising revenue.
be displayed separately from retained earnings as per FASB ASC
220.
• Commissions and fees earned by companies engaged in finance
and real estate activities.
Section F — Property, Plant and Equipment (PP&E)
• Premiums earned by companies engaged in insurance activities. 81. Expenditures for new and used PP&E — Include items leased
NOTE: Calculate as direct premiums written (including renewals)
from others (including land) under capital leases. Also include
net of cancellations, plus reinsurance premiums assumed, minus
the capitalized value of timber, mineral and similar rights leased
reinsurance premiums ceded, plus unearned premiums at the
by the affiliate from others. Exclude items the affiliate has sold
beginning of the year, minus unearned premiums at the end of
under a capital lease.
the year.
Exclude from expenditures all changes in PP&E, resulting from
• Commissions earned by agents or brokers (i.e., wholesalers)
a change in the entity (e.g., mergers, acquisitions, divestitures,
who act on behalf of buyers and sellers in the wholesale
etc.) or accounting principles during FY 2010.
distribution of goods. NOTE: Agents or brokers do not take title
For foreign affiliates engaged in exploring for or
to the goods being sold.
developing natural resources, include exploration and
• Magazines and periodicals sold through subscriptions. NOTE:
development expenditures made during FY 2010 that were
Report magazines and periodicals sold through retail stores, as
capitalized, including capitalized expenditures to acquire or lease
sales of goods in item 78.
mineral rights. Do not include adjustments for expenditures
• Newspapers.
charged against income in prior years but subsequently
• Pipeline transportation.
capitalized during FY 2010.

FORM BE-11B (REV. 5/2010)

Page 15

BE-11B
Special Instructions for Dealers in Financial
Instruments, Finance Companies, Insurance
Companies and Real Estate Companies
A. Certain gains (losses) for (1) dealers in financial
instruments and finance and insurance companies, and (2)
real estate companies.
1. Dealers in financial instruments (including securities,
currencies, derivatives, and other financial instruments)
and finance and insurance companies — Include in item 46:
• impairment losses as defined by FAS 115,
• realized gains and losses on trading or dealing,
• unrealized gains or losses, due to changes in the valuation
of financial instruments, that flow through the income
statement, and
• goodwill impairment as defined by FAS 142.
EXCLUDE from item 46, unrealized gains or losses due to
changes in the valuation of financial instruments that are taken
to other comprehensive income. Reflect such changes in item
67 (all other components of accumulated other comprehensive
income (loss)).
EXCLUDE from item 46, income from explicit fees and
commissions. Include income from these fees and commissions
as operating income in items 28 and 43 and as sales of services in
item 79.
2. Real estate companies — Include in item 46:
• impairment losses as defined by FAS 144 and
• goodwill impairment as defined by FAS 142.
EXCLUDE the revenues earned and expenses incurred from the
sale of real estate you own. Such revenues should be reported as
operating income in items 28, 43, and 77 and as sales of goods in
item 78. Such expenses, including the net book value of the real
estate sold, should be reported as costs of goods sold in item 49.
Do not net the expenses against the revenues.
B. Special Instructions for insurance companies
1. When there is a difference between the financial and operating
data reported to the stockholders and the data reported in the
annual statement to an insurance department, prepare the BE-11
on the same basis as the annual report to the stockholders.
Valuation should be according to normal commercial accounting
procedures, not at rates promulgated by national insurance
departments, e.g., include assets not acceptable for inclusion in
the annual statement to an insurance department, such as:
1. non-trusteed or free account assets and 2. nonadmitted assets,
including furniture and equipment, agents’ debit balances, and
all receivables deemed to be collectible. Include mandatory
securities valuation reserves that are appropriations of retained
earnings in the owners’ equity section of the balance sheet not
in the liability section.

FORM BE-11B (REV. 5/2010)

Page 16

2. Do not include assets of the U.S. Reporter held in the country of
location of the affiliate that are for the benefit of the U.S.
Reporter’s policyholders.
3. Instructions for reporting specific items
a. Sales or gross operating revenues, excluding sales
taxes (item 43) — Include items such as earned premiums,
annuity considerations, gross investment income, and items
of a similar nature. Exclude income from equity investments
in unconsolidated business enterprises that is to be reported
in item 44 and exclude certain gains or losses that are to be
reported in item 46.
b. Certain gains (losses) (item 37) — See Special
Instructions, A.1.
c. Cost of goods sold or services rendered and selling,
general, and administrative expenses (item 49) —
Include costs relating to sales or gross operating revenues,
such as policy losses incurred, death benefits, matured
endowments, other policy benefits, increases in liabilities for
future policy benefits, and other underwriting expenses.
d. Sales of services (item 79, column 1) — Include premium
income and income from other services, if any. See
Additional Instructions for Part IV, Section E., item 79, on
page 9.
e. Investment income (item 80, column 1) — Report that
portion of sales or gross operating revenues that is
investment income. However, report any gains or losses on
investments, in accordance with Special Instructions, A.1.
See Additional Instructions for Part IV, Section E, item 80,
on page 10 to determine the location of the transactor of
investment income.
f. Current liabilities (items 60) — Include current items such
as loss liabilities, policy claims, commissions due, and other
current liabilities arising from the ordinary course of
business, and long-term debt. Include policy reserves in
"Other liabilities," item 62, unless they are clearly current
liabilities.
g. Expenditures for property, plant, and equipment
(item 81) — Include expenditures WHEREVER CLASSIFIED IN
THE BALANCE SHEET (e.g., include expenditures that have
been classified in "other noncurrent assets").

BE-11B
Summary of Industry Classifications
Agriculture, Forestry, Fishing,
And Hunting
1110 Crop production
1120 Animal production
1130 Forestry and logging
1140 Fishing, hunting, and trapping
1150 Support activities for agriculture
and forestry

3315
3321
3322
3323
3324
3325
3326
3327

Mining
2111 Oil and gas extraction
2121 Coal
2123 Nonmetallic minerals
2124 Iron ores
2125 Gold and silver ores
2126 Copper, nickel, lead, and zinc ores
2127 Other metal ores
2132 Support activities for oil and gas
operations
2133 Support activities for mining, except
for oil and gas operations

3328

Utilities
2211 Electric power generation,
transmission, and distribution
2212 Natural gas distribution
2213 Water, sewage, and other systems

3339
3341
3342
3343
3344

Construction
2360 Construction of buildings
2370 Heavy and civil engineering
construction
2380 Specialty trade contractors
Manufacturing
3111 Animal foods
3112 Grain and oilseed milling
3113 Sugar and confectionery products
3114 Fruit and vegetable preserving and
specialty foods
3115 Dairy products
3116 Meat products
3117 Seafood product preparation and
packaging
3118 Bakeries and tortillas
3119 Other food products
3121 Beverages
3122 Tobacco
3130 Textile mills
3140 Textile product mills
3150 Apparel
3160 Leather and allied products
3210 Wood products
3221 Pulp, paper, and paperboard mills
3222 Converted paper products
3231 Printing and related support activities
3242 Integrated petroleum refining and
extraction
3243 Petroleum refining without extraction
3244 Asphalt and other petroleum and
coal products
3251 Basic chemicals
3252 Resins, synthetic rubbers, and
artificial and synthetic fibers and
filaments
3253 Pesticides, fertilizers, and other
agricultural chemicals
3254 Pharmaceuticals and medicines
3255 Paints, coatings, and adhesives
3256 Soap, cleaning compounds, and
toilet preparations
3259 Other chemical products and
preparations
3261 Plastics products
3262 Rubber products
3271 Clay products and refractories
3272 Glass and glass products
3273 Cement and concrete products
3274 Lime and gypsum products
3279 Other nonmetallic mineral products
3311 Iron and steel mills and ferroalloys
3312 Steel products from purchased steel
3313 Alumina and aluminum production
and processing
3314 Nonferrous metal (except aluminum)
production and processing

3345

FORM BE-11B (REV. 5/2010)

3329
3331
3332
3333
3334
3335
3336

3346
3351
3352
3353
3359
3361
3362
3363
3364
3365
3366
3369
3370
3391
3399

Foundries
Forging and stamping
Cutlery and handtools
Architectural and structural metals
Boilers, tanks, and shipping containers
Hardware
Spring and wire products
Machine shops; turned products; and
screws, nuts, and bolts
Coating, engraving, heat treating,
and allied activities
Other fabricated metal products
Agriculture, construction, and mining
machinery
Industrial machinery
Commercial and service industry
machinery
Ventilation, heating, air-conditioning,
and commercial refrigeration equipment
Metalworking machinery
Engines, turbines, and power
transmission equipment
Other general purpose machinery
Computer and peripheral equipment
Communications equipment
Audio and video equipment
Semiconductors and other
electronic components
Navigational, measuring, electromedical,
and control instruments
Manufacturing and reproducing
magnetic and optical media
Electric lighting equipment
Household appliances
Electrical equipment
Other electrical equipment and
components
Motor vehicles
Motor vehicle bodies and trailers
Motor vehicle parts
Aerospace products and parts
Railroad rolling stock
Ship and boat building
Other transportation equipment
Furniture and related products
Medical equipment and supplies
Other miscellaneous manufacturing

4461
4471
4480
4510
4520
4530
4540

Health and personal care
Gasoline stations
Clothing and clothing accessories
Sporting goods, hobby, book, and music
General merchandise
Miscellaneous store retailers
Non-store retailers

Transportation and Warehousing
4810 Air transportation
4821 Rail transportation
4833 Petroleum tanker operations
4839 Other water transportation
4840 Truck transportation
4850 Transit and ground passenger
transportation
4863 Pipeline transportation of crude oil,
refined petroleum products, and
natural gas
4868 Other pipeline transportation
4870 Scenic and sightseeing transportation
4880 Support activities for transportation
4920 Couriers and messengers
4932 Petroleum storage for hire
4939 Other warehousing and storage
Information
5111 Newspaper, periodical, book, and
directory publishers
5112 Software publishers
5121 Motion picture and video industries
5122 Sound recording industries
5151 Radio and television broadcasting
5152 Cable and other subscription
programming
5171 Wired telecommunications carriers
5172 Wireless telecommunications carriers,
except satellite
5174 Satellite telecommunications
5179 Other telecommunications
5182 Data processing, hosting, and related
services
5191 Other information services

Finance and Insurance
5221 Depository credit intermediation (Banking)
5223 Activities related to credit intermediation
5224 Nondepository credit intermediation
Wholesale Trade, Durable Goods
5229 Nondepository branches and agencies
5231 Securities and commodity contracts
4231 Motor vehicles and motor vehicle
intermediation and brokerage
parts and supplies
5238 Other financial investment activities and
4232 Furniture and home furnishing
exchanges
4233 Lumber and other construction materials
5242 Agencies, brokerages, and other
4234 Professional and commercial
insurance related activities
equipment and supplies
5243 Insurance carriers, except life insurance
4235 Metal and mineral (except petroleum)
carriers
4236 Electrical and electronic goods
5249 Life insurance carriers
4237 Hardware, and plumbing and heating
5252 Funds, trusts, and other finance vehicles
equipment and supplies
4238 Machinery, equipment, and supplies
Real Estate and Rental and Leasing
4239 Miscellaneous durable goods
5310 Real estate
Wholesale Trade, Non-Durable Goods
5321 Automotive equipment rental and leasing
4241 Paper and paper product
5329 Other rental and leasing services
4242 Drugs and druggists’ sundries
5331 Lessors of nonfinancial intangible assets,
4243 Apparel, piece goods, and notions
except copyrighted works
4244 Grocery and related product
Professional,
Scientific, and
4245 Farm product raw material
Technical Services
4246 Chemical and allied products
5411 Legal services
4247 Petroleum and petroleum products
5412 Accounting, tax preparation, bookkeeping,
4248 Beer, wine, and distilled alcoholic
and payroll services
beverage
5413 Architectural, engineering, and related
4249 Miscellaneous nondurable goods
services
Wholesale Trade, Electronic Markets
5414 Specialized design services
and Agents And Brokers
5415 Computer systems design and related
4251 Wholesale electronic markets and
services
agents and brokers
5416 Management, scientific, and technical
consulting services
Retail Trade
5417 Scientific research and development
4410 Motor vehicle and parts dealers
services
4420 Furniture and home furnishings
5418 Advertising, public relations, and related
4431 Electronics and appliance
services
4440 Building material and garden
5419 Other professional, scientific, and
equipment and supplies dealers
technical services
4450 Food and beverage

Page 17

BE-11B
Summary of Industry Classifications — Continued
Management of Companies and
Enterprises
5512 Holding companies, except bank holding
companies
5513 Corporate, subsidiary, and regional
management offices
Administrative and Support, Waste
Management, and Remediation
Services
5611 Office administrative services
5612 Facilities support services
5613 Employment services
5614 Business support services
5615 Travel arrangement and reservation
services
5616 Investigation and security services
5617 Services to buildings and dwellings
5619 Other support services
5620 Waste management and remediation
services

FORM BE-11B (REV. 5/2010)

Educational Services
6110 Educational services
Health Care and Social Assistance
6210 Ambulatory health care services
6220 Hospitals
6230 Nursing and residential care facilities
6240 Social assistance
Arts, Entertainment, and Recreation
7110 Performing arts, spectator sports, and
related industries
7121 Museums, historical sites, and similar
institutions
7130 Amusement, gambling, and recreation
industries
Accommodation and Food Services
7210 Accommodation
7220 Food services and drinking places

Page 18

Other
8110
8120
8130

Services
Repair and maintenance
Personal and laundry services
Religious, grantmaking, civic, professional,
and similar organizations

Public Administration
9200 Public administration

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File Modified	2010-05-03
File Created	2010-05-03