Article 1
1. Member States shall carry out the following calculations and allocations in accordance with the detailed methodology described in Annex III to Council Regulation (EC) No 448/98: (a) the calculation and allocation of FISIM among user sectors, using the reference rate defined as "method 1" in point 1(b) of Annex III to Council Regulation (EC) no 448/98; (b) the calculation and allocation of imported and exported FISIM (including FISIM between resident financial intermediaries and non-resident financial intermediaries), using the reference rate defined as the "external" reference rate in point 1(b) of Annex III to Council Regulation (EC) no 448/98; (c) the allocation of FISIM among user industries, based on the stocks of loans and deposits for each industry or, if this information is not reliable, on the output for each industry; (d) the calculation of FISIM at constant prices, on the basis of the formula provided in point 3 of Annex III to Council Regulation (EC) No 448/98. 2. Member States shall transmit to the Commission the results of the calculations made pursuant to this Article as part of the tables referred to in Article 3 of Regulation (EC) No 2223/96 (Transmission programme of national accounts data), including backwards calculations from 1995 onwards.