An enterprise is defined as the smallest combination of legal units, which have a certain degree of autonomy within an enterprise group. An enterprise group is simply a number of enterprises under common ownership.
Total turnover
Turnover is defined as Total sales and work done. This is calculated by adding to the value of Sales of goods produced, Goods purchased and resold without further processing, Work done and industrial services rendered and Non industrial services rendered.
Gross value added (GVA) represents the amount that individual businesses, industries or sectors contribute to the economy. Broadly, this is measured by the income generated by the business, industry or sector less their intermediate consumption of goods and services used up in order to produce their output. GVA consists of labour costs (e.g. wages and salaries) and an operating surplus (or loss). The latter is a good approximation to profits. The cost of capital investment, financial charges and dividends to shareholders are met from the operating surplus.
Data collected and published through the ONS Annual Business Inquiry (ABI) are used to produce an approximate estimate of GVA at basic prices. This measure is approximate because it does not allow fully for certain types of National Accounts concepts/issues such as taxes or subsidies or income earned-in-kind.
The ABI forms a major data input in the production of Input-Output Annual Supply and Use Tables used to set the annual level of UK Gross Domestic Product. These tables also show industry estimates of GVA at basic prices but are different from those shown in the ABI. In producing the Input-Output based estimates of GVA at basic prices fully consistent with the European System of Accounts 1995, there are essentially four key adjustments required to the survey based data: coverage adjustments; conceptual and valuation adjustments; quality adjustments; and coherence adjustments. Details are available in the notes to the United Kingdom Input-Output Analyses.
Estimates of Gross Value Added shown here for Regional data will also not be exactly the same as those published in the Regional Accounts for the same reasons. Further information available on the Regional Accounts product page.
Total purchases of goods materials and services
This represents the value of all goods and services purchased during the year.
Total employment
This is the point in time estimate of full and part time employees on the payroll plus the number of working proprietors employed on a set day in September.
Total average employment
This is the point in time estimate of full and part time employees on a set day in September. adjusted to give a year average value, plus the number of working proprietors employed on the same day.
Total employment costs
This represents amounts paid during the year to employees. This includes all overtime payments, bonuses, commissions, payments in kind, benefits in kind, holiday pay, employer's national insurance contributions, payments into pension funds by employers and redundancy payments less any amounts reimbursed for this purpose from government sources. No deduction is made for income tax or employee's national insurance contributions etc. Payment to working proprietors, travelling expenses, lodgings allowances etc. are excluded.
Total net capital expenditure
This is calculated by adding to the value of new building work, acquisitions less disposals of land and existing buildings, vehicles and plant and machinery.
Regional capital expenditure data for years later than 2004 will not be available on the ABI website pages. It will be available on request. See Background information for additional information on regional estimates of capital expenditure
Total net capital expenditure - acquisitions
This is calculated by adding to the value of new building work, acquisitions of land and existing buildings, vehicles and plant and machinery.
Total net capital expenditure - disposals
This is calculated by adding the value of disposals of land and existing buildings, vehicles and plant and machinery.
Total stocks and work in progress - value at end of year
This represents the value at the end of the year for materials, stores and fuel and goods on hand for sale. Amounts for materials which have been partially processed but which are not usually sold without further processing are also included.
Total stocks and work in progress - value at beginning of year
This represents the value at the beginning of the year for materials, stores and fuel and goods on hand for sale. Amounts for materials which have been partially processed but which are not usually sold without further processing are also included.
Total stocks and work in progress - increase during year
This represents the increase during the year for materials, stores and fuel and goods on hand for sale. Amounts for materials which have been partially processed but which are not usually sold without further processing are also included.
Retail Commodities
(Only applies to Division 52)
This is a breakdown of the total retail turnover within the retail sector into groupings of like items based upon the European COICOP (Classification of Individual Consumption by Purpose) classification.
This is the total number of stores, mail order outlets, market stalls and road side pitches, owned and operated by businesses classified to the retail sector in the UK. It is a point in time estimate made at the end of the calendar year.
Introduction to ABI
