Be-11c

FORM

BE-11C

OMB No. 0608-0053: Approval Expires 10/31/2021

(REV. 12/2020)

2020 ANNUAL SURVEY OF U.S. DIRECT INVESTMENT ABROAD
MANDATORY — CONFIDENTIAL

BE-11C (Report for Minority-Owned Foreign Affiliate of U.S. Reporter)
Due Date:

May 31, 2021

Mail reports to:

C

Affiliate ID Number*

Electronic Filing: Go to www.bea.gov/efile for details

*Do not enter Social Security Number in Affiliate ID box

Bureau of Economic Analysis
Direct Investment Division, BE-69(A)
4600 Silver Hill Road
Washington, DC 20233

1 Name of U.S. Reporter of foreign affiliate – Same as 1 , Form BE-11A

Deliver reports to: Bureau of Economic Analysis

Direct Investment Division, BE-69(A)

4600 Silver Hill Road

Suitland, MD 20746
Fax reports to:

(301) 278-9502

Assistance:

E-mail:
be10/[email protected]
Telephone:
(301) 278-9418
Copies of form: www.bea.gov/dia

2 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.

Please include your Reporter Identification Number
with all requests.

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-11C for each minority-owned foreign affiliate owned directly and/or indirectly, at least
10 percent, but not more than 50 percent, by all U.S. Reporters of the affiliate combined and for which the affiliate’s total assets; sales or gross operating
revenues, excluding sales taxes; or net income after provision for foreign income taxes was greater than $60 million (positive or negative) at the end of, or
for, the affiliate’s 2020 fiscal year. However, if the affiliate is a foreign affiliate parent of another foreign affiliate being filed on Form BE-11C, Form BE-11C
must be filed for the foreign affiliate parent even if all of the items: total assets; sales or gross operating revenues, excluding sales taxes; or net income
after provision for foreign income taxes was less than or equal to $60 million (positive or negative) at the end of, or for, the affiliate’s 2020 fiscal year.
Certain private funds are exempt from filing the Form BE-11C. Review exemption on page 2, Part II.B of the Form BE-11 Claim for Not Filing.
Translation of foreign currency financial and operating data into U.S. dollars — Use U.S.
Generally Accepted Accounting Principles FASB ASC 830 (FAS 52). See Instruction Booklet, Part IV.B.

$

Bil.

Monetary Values — Report in U.S. dollars rounded to thousands (omitting 000).
EXAMPLE – If amount is $1,334,891.00, report as. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Mil.

Thous. Dols.

1

335 000

If an item is between + or – $500.00, enter “0.” Use parenthesis () to indicate negative numbers.
Percentages — Report ownership percentages to a tenth of one percent:. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

9 ___
8 . ___
7 %
___ ___

Part I — Identification of Minority-Owned Foreign Affiliate
3 What is the 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.
Note — 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.
1
1
1
1
1007
601
650
313
319
Australia
China
Netherlands
Ireland
1

302

1

202

1

100

Belgium

1

Brazil

1

308

Canada

1

611

307

France

1

314

Germany

1

614

Hong Kong

1

213

Italy

1

325

Switzerland

Japan

1

327

United Kingdom

Mexico

1

1042

4 What is the city of location? — Primary city in which this foreign
affiliate’s physical assets are located or where its primary activity is carried out. .

Other — Specify
0

5 What is the ending date of this foreign affiliate’s 2020 fiscal year? – The foreign
1009
affiliate’s financial reporting year that has an ending date in calendar year 2020.
See Instruction Booklet, Part II.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Month
1

Day

Year

2 __
0 __
2 __
0
__ __ / __ __ / __

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

1

1

1

2

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

1

2

2

No

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





Enter
date

Month

Year

3

___ ___ / ___ ___ ___ ___

Part I — Identification of Minority-Owned Foreign Affiliate — Continued
Ownership in this Foreign Affiliate
• Equity interest is 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 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.
• Enter percent of ownership based on total voting stock, as applicable, if an incorporated affiliate, or
an equivalent interest if an unincorporated affiliate.

1012

Percent of ownership at close
of fiscal year
Equity Voting
2020 2020
(1)
(2)
1

2

7 What is the direct ownership interest held by the U.S. Reporter named in 1 ? . . ___ ___ ___ . ___ %

1020

8 What is the indirect ownership interest held through the U.S. Reporter’s other foreign affiliates? —
See Instruction Booklet, Part I.B.1.c., for instructions on how to calculate indirect ownership interest. (If entry is
made here, complete 10 .) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1050

9 What is the total ownership interest held by the U.S. Reporter? — Sum of 7 and 8 . . . . . . . . . . . . .

___ ___ ___ . ___ %
2

___ ___ ___ . ___ %
2

___ ___ ___ . ___ %

10 What is the name of the foreign affiliate parent(s)? — If there is an entry in 8 , enter below, the name(s)
and percent(s) of ownership of each foreign affiliate of the U.S. Reporter named in 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.
(a)

Percent of direct
ownership in this
foreign affiliate

BEA
USE
ONLY

Close FY 2020
(b)

1191

1

2

1192

1

2

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

__ __ __ . __%

a.

__ __ __ . __%

b.
1021 2

TOTAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

__ __ __ . __%

11 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 to sell at wholesale.”)
1029 0

12 What is the foreign affiliate’s primary industry (ISI) code? — Give the 4-digit ISI code for the industry
1039
group that accounts for the largest amount of the affiliate’s sales. A list and a full explanation of the ISI codes
are given in the Guide to Industry Classifications for International Surveys, 2017 located at
www.bea.gov/naics2017. A summary list of ISI codes is provided on pages 5 and 6. For an inactive affiliate,
enter an ISI code based on its last active period; For “startups” with no sales, show the intended activity(ies).. . . . . . . . . . . .
NOTE — To be considered a holding company (ISI code 5512), income from equity investments must be more than
50 percent of total income. 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.

2

Remarks

BEA
USE
ONLY
Page 2

1040

1

2

3

4

5

FORM BE-11C (REV. 12/2020)

Part II — Financial and Operating Data of Minority-Owned Foreign Affiliate

Section A — Selected Financial Data
• Report the data to represent 100 percent of the foreign affiliate and not just the portion owned by the U.S. Reporter(s).
• Report in 15 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.
— Finance and leasing companies with ISI codes 5221, 5223, 5224, 5229, 5231, 5238, 5252, or 5331 report interest income on this line.
— Insurance companies with ISI codes 5243 or 5249 report gross investment income on this line.
• Report in 16 net income (loss) for the year, after provision for foreign income taxes, but before provision for common and preferred dividends.
INCLUDE income from equity investments and certain gains (losses) (net of income tax effects) included in the determination of net income.
• Dealers in financial instruments and finance, insurance, and real estate companies see Special Instructions on page 4.
What are the foreign affiliate’s values for:

$ Bil.

Mil.

Thous.

Dols.

2090 1

000

13 Total assets? — Balance at close of fiscal year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2094 1

000

14 Total liabilities? — Balance at close of fiscal year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2041 1

000

15 Annual sales or gross operating revenues, excluding sales taxes?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2051 1

000

16 Net income (loss)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section B — Number of Employees and Employee Compensation
Report the number of employees on the payroll at the end of FY 2020 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 2020. If the number of employees at the end of FY 2020 (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 2020. 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.
Number of employees
2105

1

17 What is the foreign affiliate’s total number of employees?* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

*NOTE – If the total number of employees in 17 is zero, please provide an explanation.
0

Report 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 that 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. EXCLUDE data related to activities of a prior period, such as those capitalized
or charged to inventories in prior periods. EXCLUDE compensation of contract workers not carried on the payroll of this affiliate. Total employee
compensation consists of wages and salaries of employees and employer expenditures for all employee benefit plans.

$ Bil.
2110

18 What is the foreign affiliate’s total employee compensation expenditure? — Report, for all
employees, the sum of wages and salaries and employee benefit plans.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2076

1

2

3

4

Mil.

Thous.

Dols.

1

000

5

BEA
USE
ONLY
FORM BE-11C (REV. 12/2020)

Page 3

Part III — U.S. Exports To and U.S. Imports From Minority-Owned Foreign Affiliate
IMPORTANT NOTES
Report U.S. exports of goods to and U.S. imports of goods from the
foreign affiliate in FY 2020. 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.
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.
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.

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).
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. EXCLUDE 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. EXCLUDE negotiated leasing fees for software that
is to be used on networks.
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).
See Instruction Booklet, Part V.

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

$ Bil.
4173

19 What is the value of the total goods shipped in FY 2020 from the United States (by the
U.S. Reporter(s) of this affiliate and by other U.S. persons) to this affiliate? . . . . . . . . . . . . . . . . . . . .
U.S. IMPORTS OF GOODS FROM THIS FOREIGN AFFILIATE (Valued f.a.s. foreign port)

Mil.

20 What is the value of the total goods shipped in FY 2020 to the United States (to the
U.S. Reporter(s) of this affiliate and to other U.S. persons) by this affiliate? . . . . . . . . . . . . . . . . . . . .

Dols.

000
$ Bil.

4178

Thous.

1

Mil.

Thous.

Dols.

1

000

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.

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.

1. Dealers in financial instruments (including securities,
currencies, derivatives, and other financial instruments)
and finance and insurance companies — INCLUDE in the
calculation of net income in 16 :
• impairment losses as defined by FASB ASC 320 (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 FASB ASC 350 (FAS 142).

2. EXCLUDE 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 in the data reported for the affiliate.

EXCLUDE from 15 and 16 , unrealized gains or losses due to
changes in the valuation of financial instruments that are taken to
other comprehensive income.

3. Instructions for reporting specific items

INCLUDE income from explicit fees and commissions as operating
revenue in 15 .

Sales or gross operating revenues, excluding sales
taxes — INCLUDE in 15 items such as earned premiums, annuity
considerations, gross investment income, and items of a similar nature.

2. Real estate companies — INCLUDE in 16  :
• impairment losses as defined by FASB ASC 360 (FAS 144), and
• goodwill impairment as defined by FASB ASC 350 (FAS 142).

Calculate premiums earned by companies engaged in insurance
activities 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.

INCLUDE income earned from the sale of real estate you own as
operating revenue in 15 .
BEA
USE
ONLY
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4179

1

2

3

4

5

FORM BE-11C (REV. 12/2020)

Summary of Industry Classifications
For a full explanation of each code see www.bea.gov/naics2017
Agriculture, Forestry, Fishing,
and Hunting
1110
1120
1130
1140
1150

Crop production
Animal production and aquaculture
Forestry and logging
Fishing, hunting, and trapping
Support activities for agriculture
and forestry

Mining
2111
2121
2123
2124
2125
2126
2127
2132

Oil and gas extraction
Coal
Nonmetallic minerals
Iron ores
Gold and silver ores
Copper, nickel, lead, and zinc ores
Other metal ores
Support activities for oil and gas
operations
2133 Support activities for mining, except
for oil and gas operations
Utilities
2211 Electric power generation,
transmission, and distribution
2212 Natural gas distribution
2213 Water, sewage, and other systems
Construction
2360 Construction of buildings
2370 Heavy and civil engineering construction
2380 Specialty trade contractors
Manufacturing
3111
3112
3113
3114
3115
3116
3117
3118
3119
3121
3122
3130
3140
3150
3160
3210
3221
3222
3231
3242
3243
3244
3251
3252
3253

Animal foods
Grain and oilseed milling
Sugar and confectionery products
Fruit and vegetable preserving and
specialty foods
Dairy products
Meat products
Seafood product preparation and
packaging
Bakery products and tortillas
Other food products
Beverages
Tobacco
Textile mills
Textile product mills
Apparel
Leather and allied products
Wood products
Pulp, paper, and paperboard mills
Converted paper products
Printing and related support activities
Integrated petroleum refining and
extraction
Petroleum refining without extraction
Asphalt and other petroleum and
coal products
Basic chemicals
Resins, synthetic rubbers, and
artificial and synthetic fibers and
filaments
Pesticides, fertilizers, and other
agricultural chemicals

FORM BE-11C (REV. 12/2020)

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
3312 Steel products from purchased steel
3313 Alumina and aluminum production
and processing
3314 Nonferrous metal (except aluminum)
production and processing
3315 Foundries
3321 Forging and stamping
3322 Cutlery and hand tools
3323 Architectural and structural metals
3324 Boilers, tanks, and shipping containers
3325 Hardware
3326 Spring and wire products
3327 Machine shop products, turned products,
and screws, nuts, and bolts
3328 Coating, engraving, heat treating,
and allied activities
3329 Other fabricated metal products
3331 Agriculture, construction, and mining
machinery
3332 Industrial machinery
3333 Commercial and service industry
machinery
3334 Ventilation, heating, air-conditioning,
and commercial refrigeration equipment
3335 Metalworking machinery
3336 Engines, turbines, and power
transmission equipment
3339 Other general purpose machinery
3341 Computer and peripheral equipment
3342 Communications equipment
3343 Audio and video equipment
3344 Semiconductors and other
electronic components
3345 Navigational, measuring, electromedical,
and control instruments
3346 Manufacturing and reproducing
magnetic and optical media
3351 Electric lighting equipment
3352 Household appliances
3353 Electrical equipment
3359 Other electrical equipment and
components
3361 Motor vehicles
3362 Motor vehicle bodies and trailers
3363 Motor vehicle parts
3364 Aerospace products and parts
3365 Railroad rolling stock
3366 Ship and boat building
3369 Other transportation equipment
3370 Furniture and related products
3391 Medical equipment and supplies
3399 Other miscellaneous manufacturing

Wholesale Trade, Durable Goods
4231 Motor vehicle and motor vehicle
parts and supplies
4232 Furniture and home furnishing
4233 Lumber and other construction materials
4234 Professional and commercial
equipment and supplies
4235 Metal and mineral (except petroleum)
4236 Household appliances, and electrical and
electronic goods
4237 Hardware, and plumbing and heating
equipment and supplies
4238 Machinery, equipment, and supplies
4239 Miscellaneous durable goods
Wholesale Trade, Nondurable Goods
4241
4242
4243
4244
4245
4246
4247
4248

Paper and paper product
Drugs and druggists’ sundries
Apparel, piece goods, and notions
Grocery and related product
Farm product raw material
Chemical and allied products
Petroleum and petroleum products
Beer, wine, and distilled alcoholic
beverage
4249 Miscellaneous nondurable goods
Wholesale Trade, Electronic Markets
and Agents and Brokers
4251 Wholesale electronic markets and
agents and brokers
Retail Trade
4410
4420
4431
4440
4450
4461
4471
4480
4510
4520
4530
4540

Motor vehicle and parts dealers
Furniture and home furnishings
Electronics and appliance
Building material and garden
equipment and supplies dealers
Food and beverage
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
4821
4833
4839
4840
4850
4863
4868
4870
4880
4920
4932
4939

Air transportation
Rail transportation
Petroleum tanker operations
Other water transportation
Truck transportation
Transit and ground passenger
transportation
Pipeline transportation of crude oil,
refined petroleum products,
and natural gas
Other pipeline transportation
Scenic and sightseeing transportation
Support activities for transportation
Couriers and messengers
Petroleum storage for hire
Other warehousing and storage

Page 5

Summary of Industry Classifications — Continued
For a full explanation of each code see www.bea.gov/naics2017
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
5173 Wired and wireless telecommunication
carriers
5174 Satellite telecommunications
5179 Other telecommunications
5182 Data processing, hosting, and related
services
5191 Other information services
Finance and Insurance

Professional, Scientific, and Technical
Services
5411 Legal services
5412 Accounting, tax preparation, bookkeeping,
and payroll services
5413 Architectural, engineering, and related
services
5414 Specialized design services
5415 Computer systems design and related
services
5416 Management, scientific, and technical
consulting services
5417 Scientific research and development
services
5418 Advertising, public relations, and related
services
5419 Other professional, scientific, and
technical services

5221 Depository credit intermediation (Banking)
5223 Activities related to credit intermediation
5224 Non-depository credit intermediation,
except branches and agencies
5229 Non-depository branches and agencies
5231 Securities and commodity contracts
intermediation and brokerage
5238 Other financial investment activities and
exchanges
5242 Agencies, brokerages, and other
insurance related activities
5243 Insurance carriers, except direct life
insurance carriers
5249 Direct life insurance carriers
5252 Funds, trusts, and other financial vehicles

Management of Companies and
Enterprises

Real Estate and Rental and Leasing

5616
5617
5619
5620

5310
5321
5329
5331

Page 6

Real estate
Automotive equipment rental and leasing
Other rental and leasing services
Lessors of nonfinancial intangible assets,
except copyrighted works

5512 Holding companies, except bank holding
companies
5513 Corporate, subsidiary, and regional
management offices
Administrative and Support, Waste
Management and Remediation Services
5611
5612
5613
5614
5615

Office administrative services
Facilities support services
Employment services
Business support services
Travel arrangement and reservation
services
Investigation and security services
Services to buildings and dwellings
Other support services
Waste management and remediation
services

Educational Services
6110 Educational services
Health Care and Social Assistance
6210
6220
6230
6240

Ambulatory health care services
Hospitals
Nursing and residential care facilities
Social assistance services

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
Other Services
8110 Repair and maintenance
8120 Personal and laundry services
8130 Religious, grantmaking, civic,
professional, and similar organizations
Public Administration
9200 Public administration

FORM BE-11C (REV. 12/2020)