The flow of funds table (TOF) is the financial part of the national accounts. It presents the balances between assets and liabilities. In flows, the national accounts retrace the financial operations carried out by economic agents. In so doing, they come after the sequence of non-financial accounts of the institutional sectors, with the junction coming at net lending. They describe, by type of instrument, the variations in financial assets and liabilities which make up net lending.
Outstanding financial assets and liabilities are evaluated at market prices. Outstanding deposits and loans appear at their nominal value, and listed securities (bonds, quoted shares and shares in collective investment schemes) at their market value. Stocks or "outstanding" are the financial assets and liabilities on the balance sheet accounts.