Maciej PiechockiIASCF XBRL Team

DWG Chair XBRL Poland

Thursday, 8th of February 2007, LisbonThursday, 8th of February 2007, Lisbon

Implementation and Implementation and Development of XBRL Development of XBRL

PolandPoland

XBRL Poland

Jurisdiction Development Past, Current and Future Activities Drivers of XBRL Implementation

Agenda

XBRL Poland

Jurisdiction Development

Kick-Off Conference (February 2005) first XBRL public event XBRL introduced by IASCF, XiE, XBRL Denmark

Round Table (April 2005) statutory tasks – incorporated in the bylaws legal form – neutral, independent, trustworthy first project – creation of the public taxonomy neutral facilitator

XBRL Poland

Jurisdiction Development

Round Table – Statutory Tasks: contribute to improvement of the existing reporting

standards promote the knowledge of the current status and

trends in electronic reporting standards develop economy and science by works aimed at

development of XBRL undertake and reinforce other entities in their activities

related to development and promotion of XBRL enable co-operation of the Association members

within the above-specified scope of activities

XBRL Poland

Jurisdiction Development

Round Table - Legal Form: neutral, independent

according to the act of the 7-th April 1989 “Prawo o stowarzyszeniach” /Dz. U. Nr 20, poz. 104 with later changes/ Association “XBRL Polska” is an independent not-for-profit association

trustworthy: the Association is registered with no. 248935 and

therefore is a legal entity

XBRL Poland

Jurisdiction Development

Founding Members Assembly (September 2005) agreement on bylaws organisational structure of the association XBRL International membership election of the Board and Revision Committee

members, Secretary General fee structure

XBRL Poland

Jurisdiction Development

Founding Members: ordinary members supporting members (12 + 1)

XBRL Poland

Jurisdiction Development

General Assembly Revision Committee

BoardSecretary General

Taxonomy Working Group

Chair

Co-Chair CI Co-Chair FI

Subgroup CI Subgroup FI

Marketing & Communication W.G.

Decisions

Strategy

Management

Operations

Projects

Working Groups

XBRL Poland

Jurisdiction Development

Fee Structure (in €) supporting members

Turnover

< 2,5 Mio. Euro 1.000 €

2,5 Mio. Euro - 25 Mio. Euro 2.225 €

> 25 Mio. Euro 5.000 €

ordinary members: free of charge

XBRL Poland

Jurisdiction Development Past, Current and Future Activities Drivers of XBRL Implementation

Agenda

XBRL Poland

Past, Current and Future Activities

Taxonomy Development: communication channel

Internet tele and videoconferences SharePoint

regular meetings workflow

building of the information model revision of the information model development of the taxonomy revision of the taxonomy publication of the taxonomy

XBRL Poland

Past, Current and Future Activities

XBRL Promotion: meetings with private companies and public

authorities information about standard and association activities target: new members and active involvement in the

XBRL implemenation results: new projects, new members

XBRL Poland

Past, Current and Future Activities

XBRL Promotion: seminar:

September 2005: NBP implements XBRL conference:

September 2006: COREP & FINREP in Europe National Bank of Poland, Polish Banks

Association, Association “XBRL Polska”, Speakers: Bank of Spain, Bank of France, National

Bank of Belgium, XBRL in Europe Attendees: 100 people (70 largest banks)

articles, papers, consultations, etc.

XBRL Poland

Past, Current and Future Activities

XBRL Implementation – National Bank of Poland: target: prudential (Basel II) & financial (IFRS, Polish

GAAP) reporting XBRL taxonomies

COREP, FINREP Polish extensions

start: March 2007 (COREP), June 2007 (FINREP) mandatory format for over 700 banks

XBRL Poland

Past, Current and Future Activities

XBRL Implementation – Companies House: target: publication of financial statements of entities

fulfilling requirements defined in P.A.A. XBRL taxonomies

Polish GAAP, IFRS (Polish labels) start: 2008 XBRL as voluntary format for 13.000 entities price differentiation as an incentive

XBRL Poland

Jurisdiction Development Past, Current and Future Activities Drivers of XBRL Implementation

Agenda

XBRL Poland

Drivers of XBRL Implementation

Standardisation of Reporting Cost and Time Aspects Legal Changes in the EU

cross regional: IFRS, BASEL II, CRD local: IT governmental requirements

XBRL Marketing Aspects IASB involvement, EU founding, SEC activities, CEBS

recommendations, etc.

Systems and Standards Out-Of-Date New Information Flows

XBRL Poland

Project Management

Domain Working Group Chair

Maciej Piechocki, IASCF XBRL Team

E-Mail: mpiechocki@iasb.org

Secretary General

Mateusz Hojda, XBRL Poland

E-Mail: mateusz.hojda@xbrl-eu.org

Thursday, 8th of February 2007, LisbonThursday, 8th of February 2007, Lisbon

Q & AQ & A

Maciej PiechockiIASCF XBRL Team

DWG Chair XBRL Poland