1. Treatment of Theft in SNA

2. Treatment of normal theft in 1993 SNA Adjusted through changes in inventories –Reduction of final products –Reduction in materials and supplies Outcome: reduction in value added

3. Treatment of significant thefts in 1993 SNA Output should not be reduced, and therefore value added is created –“if thefts, or acts of violence (including war), involve significant redistributions, or destructions, of assets, it is necessary to take them into account. …. They are treated as other flows, not transactions. Less significant redistributions, such as shoplifting, may be included in change in inventories and therefore need not be recorded separately” (SNA:3.56). Note: output is not a transaction. OCVA to adjust inventories

4. Proposed treatment of significant thefts Recurrent theft of goods as accepted (social) practices by employees in particular circumstances –As COE in kind and subsequent FC –Recognition as transactions Recurrent theft of services (electricity and water) as accepted (social) practices in particular circumstances –As FC and current transfer –Recognition as transaction