Annual Enterprise Survey 2014

Family trusts move to household sector in financial assets investing In 2014, the AES introduced the Statistical Classification for Institutional Sectors (SCIS) for the first time . Because of this change, family trusts are now classified under the household sector. Before 2014 they were classified under the non-financial business sector. The AES does not measure household sector activities. As a result, over 10,000 family trusts included in the scope of the AES in 2013 are excluded in 2014. The impacts of the change can be seen in the financial position of the financial asset investors industry (NZSIOC KK112) for the 2014 financial year, particularly in the decrease in fixed asset holdings measured by the AES. en-NZ