{827 Augora Bh, Sorvice Rood, By. Femocuete Conception, 1M Cibeia, Quazoa City | ritopines iyiewacdagoeh scraimonesa gan Sa REPUBLIC OF THE PHILIPPINES |.) COOPERATIVE DEVELOPMENT AUTH MEMORANDUM CIRCULAR No. 2913-15 __ Series 2013 TO $ All Concerned SUBJECT : Performance Report Standards for Cooperatives DATE : February 25, 2013 Section 1, Title This Memorandum Circular shall be known as the Performance Report Standards for Cooperatives. Section 2. Legal Basis 1. Article. 53 of R.A. 9520, otherwise known as the Philippine Cooperative Code of 2008, to wit: “Every cooperative shall draw up regular reports of its program of activities, including those in pursuance of their socio-civic undertakings, showing their progress & achievements at the end of every fiscal year. xxx” 2. Article 80 of the same Code states: “Cooperatives registered under this Code shall be subject to an annual financial, performance, and social audit. xxx” 3. Rule 8, Section 2 of the Implementing Rules and Regulations of R.A. 9520 specifies Performance Report as one of the mandatory reports to be submitted to the Authority, to wia. XK b. xxx ¢. Performance Report d. xc e. xxx Section 3. Definition of Terms a e Accountable Officers — refers to the members of the board of directors, members of the different committee created by the general assembly, general manager or chief executive officer, secretary, treasurer and members holding other positions as may be provided for in their bylaws, For the purpose of Performance Report, it refers to the Internal Auditor or in the absence thereof, the members of the Audit Committee, and the Chairman of the Board of Directors who are liable to pay the penalty to be imposed by the CDA for delay or non- submission of the Performance Report. Oversight Function - refers to the Board of Directors governance function to review, monitor and supervise the cooperative’s programs, activities, and policy implementation. Performance Audit - refers to an audit to be performed by an Internal Auditor/Compliance Officer or Audit Cornmittee on the cooperatives’ performance in reference to the organizational, economic, and social aspects of cooperative’s operation. Performance Report ~ refers to the mandatory report required by law from cooperatives to submit annually to the CDA. The report comprises two (2) documents, namely: the Cooperative Performance Report Questionnaire and the Performance Audit Report. PISO ~ refers to the financial standards that measure the financial performance of the cooperative. The acronym PISO stands for Profitability, Institutional Strength, Structure of Assets, and Operational Strength or staying power capacity of the cooperative. Responsibility Center ~ refers to the unit in-charge in the formulation, monitoring, and controlling the various facet of cooperative operations. These include, but not limited to, the Office of the Board of Directors (including the Secretary and ‘reasurer), elected and appointed committees, and the Office of the General Manager.g. Social Development Plan ~ refers to the written plans of cooperative regarding its program on social services for the members, the cooperative movement, the community, and/or nation, Section 4. Purposes of Performance Report The purposes of Performance Report will serve: a, As regulatory and supervisory tool of CDA in programming the roadmap of developmental intervention for cooperatives; and b. As management tool of cooperative for the purpose of identifying problem areas in the operation and determining the state of the cooperative’s health. Section 5. Coverage ‘These. guidelines shall govern and cover all registered cooperatives, regardless of types and categories. Section 6. Scope of Performance Audit a, Evaluation of the leadership, human resource management, members, structure, and system and mechanism within the cooperative; b. Examination of the adequacy of internal control system; Appraisal of the financial performance using PISO as standards, and Assessment of the Social Development Plan and the utilization of Community Development Fund. 2 Section 8. Performance Report Questionnaire In the conduct of performance audit, this tool shall be accomplished by the Internal Auditor (IA). In the absence of IA, it shall be the responsibility of the Audit Committee to perform the task. Section 9. Instructional Guidelines in Accomplishing the Questionnaire There are four (4) major components in the Cooperative Performance Report Questionnaire. The 1st component is the Basic Information covering items A to E of the questionnaire, while the 2.4 component is the Non-Financial area disclosing the key indicators of the organizational (Item F.1) and socialaspects (Item F.2), and the adequacy of internal control (Item F.3.1). The 3° component is the financial part which includes the needed financial information (Item G.i) and the computation of selected financial ratios (Item G.2). Lastly, the Rating System (item H) demonstrates the summary score and adjectival rating earned by the cooperative. a. Basic Information: Fill-up the required information sourced from the following documents: PARTICULARS SOURCE DOCUMENTS i, Name of Cooperative as oflates! | Latest Cefifate of Amendment (incase there isan ariendmentin the | amendment, f any) name ofthe cooperative) or Getifate of Regsteion underRA £520 _| 7 Cooperative Identification Number — | Certificate of Reaisration under RA 9520 (botiom part ofthe | (ON) Certificate) _ Registration Number Certificate of Registration under RA 9520 (upper part ofthe Gertiicate]_| Actual Princval Address —_[ Latest ticles of Cooperation pe of Cooperative Latest Articles of Cooperation b, Non-fmancial: ‘The Non-financial Component are series of questions answerable by Yes or No. Check (¥ ) all questions appropriately. If the answer is Yes, the cooperative has to make sure that it can be substantiated by necessary documents found in the 4% column of the matrices tagged as “Means of Verification”. The “Standard Point” for every positive response is indicated in the 4t column. A "Yes” response shall earn the full point to be noted in the S® column labeled as “Points Earned”, while a No response shall mean a zero (0) point. ©. Financial: ‘The 1s part of the Financial Component requires the filling up of information to be sourced from the Financial Statements and/or Book of Accounts and/or Schedules of Accounts on the previous and/or current year of operation. All information indicated thereto is required to be filled-up. Indicate the acronym N/A or zero (0) in case of non- applicability or non-availability of the information, The 2>4 part is the application of the PISO standard. Bach formula. provided in the questionnaire should be computed and the point/s earned based on the result of the computation should be indicated in the 4 column of the matrices. Summary of points earned in every indicator should be indicated in every sub-total of the form.d. Rating System: ‘The last part of the questionnaire summarizes the points earned by the cooperative for the period. The Financial and Non-financial components are weighted as 35% and 65%, respectively. Multiply the sum of the sub-total points earned to the weight allocated in each component, and then add its product to get the total percentage points. Adjectival rating of the total percentage score are scaled as follows: ‘Adjectival Rating Targe & Medium Small Micro ~Eioalent Performance | -100% —__81-100% 75-100% Very Satsfectory Performanoe 81.90% 71-80% B1T4% Satisfactory Perfomance 71.80% 61.70% 51-60% Fair Performance 61.70% 51-60% 41-50% ‘Needs improvement 0% and bow ‘0% and below “Gh and below Section 10. Performance Audit Report. ‘The presentation of the Performance Audit Report shall at least include the following parts: a. Executive Summary - presents the overview of the objectives and scope of the audit, and the summary of the key observations and conclusions together with the key recommendations identifying the strong points and main areas which need to be addressed by the cooperative. b. Objectives and Scope of thé Audit - presents the objectives set and brief scope of audit including the actions chosen for audit and broad details of the procedures carried out. c. Observations and Findings — presents a clear and logical analysis of the identified strong points or problems confronted by the cooperative within the auditing period. The report should provide sufficient details of the observations and findings to substantiate the points given. d. Recommendations — presents the specific recommendations for action by the cooperative either to sustain current practice or to address the weaknesses found. This part should be clear and precise on the need for appropriate action to address the issue. The recommendation shall form as basis for any follow-up audit, evaluation or examination,Section 11. Provision of Non-monetary Incentives Cooperatives who garnered a rating of Excellent or Very Satisfactory Performance shall be entitled to non-monetary incentives from the CDA. These incentives include: 1. A “Seal of Excellence” signed by the CDA Chairman indicating the cooperative performance; 2. Inclusion in the special comer of CDA Website publicizing its rating and other pertinent information about the cooperative; and 3. Immediate issuance of a Certificate of Good Standing without the requisite of submitting the documentary requirements for the year covered Sanctions 12. Period of Submission and Sanctions ‘The Performance Report shall be submitted by the cooperative to the CDA not later than 120 days from the end of each Calendar Year. Failure to file the report on time shall subject the accountable officers to a fine/ penalty of one hundred pesos (Php 100.00) per day of delay pursuant to Rule 8, Section 7 of the Implementing Rules and Regulations of Republic Act 9520. ‘The cooperative who failed to submit the report may also be subjected to a procedural process of cancellation or may be demanded to merge or consolidate with another cooperative operating in the same area of operation. Sanctions 13. Consolidation of Performance Reports ‘The Cooperative Project Development and Assistance Section (CPDAS) of every CDA Extension Offices shall be responsible in the consolidation of the Performance Report. Within sixty (60) days after the deadline of submission by cooperatives, the consolidated report shall be submitted by CPDAS to the Cooperative Project Development and Assistance Division (CPDAD) of the CDA Central Office who shall be responsible in consolidating and evaluating the report at the national level. CPDAD shall be responsible in submitting the reports to the CDA Board of Administrators, through the Executive Director. A copy of the evaluated reports shall also be submitted by CPDAS/CPDAD to their respective Regulatory Unit for further analysis and assessment.Section 13. Effectivity This Circular shall take effect fifteen (15) days after publication from the Official Gazette or newspaper of general circulation and by the Office of National Administrative Register (ONAR). Approved by the CDA Board of Administrators on febe 7, 20;per BOA Resolution No.@57__ Series of 2013. For the Board of Administrators: L M. SANTIAGUEL, Ph.D. Chairman(COOPERATIVE PERFORMANCE REPORT QUESTIONAIRE Fer the Your Oacerbar: ‘A. Name of Cooperative (s of atest amendment, it any) 18. Cooperative Mentfcation Number (IN). Registration Number: . Actual Principal Redes: E Type of Cooperative: FF. NON-FINANCIAL COMPONENT 4 Onantzational Aspect Fd Leadership ‘sear ‘QUESTIONS ves|no] memsorvenmicarion | pe Pointsearne 7 Funaions, Dates and Responsiiins 3 'a1 A he fscions, duties and Tospanalies dicate wal tod, [Win dos and ‘Sowregsied ae dulyaperoved™ ressoniliioaath of fetecrmenevandumipocit 1 ondaaproinment paper and Board Reson oe minutos f 80D ieooy rainaies a 3 22 Arethe ofcers pvtoming ters datos and esponsbliies? Ine meeting “23 fia oversight ncn polermodby te BOD and i suppporiea iy [Boara Reson, auaNG He atten poy? [descriptive definitions and 4 [descriptions of each oversight ution "a Are sigs Coad ea by The Boar nd eorioes? Bye Wea WIRCTES OT THE Mesting of each conmitees, 1 stendance shoot EE ST STS TST SS STS pearn Rae 5 EE Ke Bs SS RRSTIOGS HR. SANT PH DH ETO ee wowed and endorse tthe GA Trepp? bintes 1 '7 Ie ths porormarce valuation ofa loves (oa, se evahtion, ard [BR and Ress of rating of each 1 ‘erro of evaluat) emule and implemen? loers peer a sof) [Pics faulted bi-a-vis prow] 122 Ave pacts lonmustd and implemented i acerdance wih lw, [eramera: toes obec tomes ‘ules and ropltions, and bas? aera 4 a Artis pace regu reewe [DOD minutes of mecing OR + 1 Guaiionions and Gaquainoations z Ae the poicies lnm Ws acerdance wa ave, les Byaws ve-avs Succession regulations & bylaws? PlavManual of Operations 1 (Organizational PlaEection [Gunso 132 fie exsng poli, lve, rales androgulatons adhe by IWiraies of the mecing veo fore? potcies forutated 1 5 Conpoaiion i “1 fe hs composlion of icon acrordance wi He daly apromed jane wearie_compestion Ins ofthe coop? locas, Election Guiles 4 “2 fs the compoation of ican Danced? (eg. secre gar age, [Byiaws vs-a-vs compostion o/ ee) oftcors Corina Eaton and Train, om a "ET We Gong SHAS NGOS TRICE WS CG TAT aaiebivn 1 | a a Ta TTT BY RAS THT RR SSRTTOT {he coop traning progam [Coop Training Program 1. [Ationdance Steak [For big compe, IMANCOM is allowed, for smal |ccops, all stam) 1 Bewonnel Pal ‘fe the palsy on pts Waa? [Manual of Opsration (imam provision should incude: [Recrutment, Selection, Heing ]Prometion, Disciplinary Acton, [Termination and Retcerrent) ‘BE Te he poly dal approved ty he BOD? [Board Resolution | [= St Dewiopent ard Carer Pathing {1 he porrmasce appraisal conducted at east oncs a yar? Patormance Roprasal eve etett ‘2 ithe perrmasce gap analyst conducied and cle upen ropa? Result ot Gap Anaiais por _ petormance apprasal made raining Program based on gap 3s the instiutona capac bung for management sta wen and analysis made/Stafi Development Inplemenod raiig and oer trenton)?” Prens Compensation and Bona Paral eve minima |wageiCericao of Exemption for femployeos? 4. te the coco compliant abr tu less than 10 employoes. {42 Te thre a salon sealag program’? Srey areer <5 Rt regnion, wearnas an bone parkagje proved Te Paicy and Vouchors Catiicaies[Code of this provision for § 04 Arctica ctrdardefor onployeesinchudedin tho Code of Ein? employecs ‘82 Ath eical landuds adhered byomployess? all camplant fied aganet any of hte employees re vate of Code lor Ethics ‘Sabot = 13. Members — z ‘she prodsion ot captal bal-ap progam inthe Bjawe ICRU ScheduRIC-PR Schedae Iimplemertea? lagainst Repicry of mombors and | 1 the Byes — ‘BE Te he TO aon a subscribed chro capa Pang cba ved By Pac-upand Subecipbon ; ‘imerbers? [sehodtule '3.3 Ave conte subeciplion required foal manibars ibe aahaizod [Stbscripion Schedule vem ; apa is not ally pid and 10% rt ol yt reach? Registry of Members ‘84 Are penatios fr unpad subsorgion impoca to memban? [Schedule of penalty imposed for Jureaidsubeeption or any sitar | 4 |docurents I Are rmaribrs cued Hare capa Soriicoes hr aosrtanen ah Tha [subecion Soha va poly aud or bya? [Rei of Members, Photocopy of i Jesied ort diy recived by members [5 ovemanae — z Aro majoiy of mobs aionding he GAT \Aiondance Sheet ve-a-is Reaitry of Member or List of IMembers in Good Standing as declared by the BOD 1G fr rajo dockins (Folding anal ans, bodpe and development lam) approved by the GA? arent a Gateral fase | ba Arcrnombors coking offers in acsardanca wh We lation [Eccion Guldsines ve ave ; ‘udelines? Minutes ofthe GA Wecting BS be eogagertan fs sanioes of antral auton approved By zi 2s Minutes ofthe GA ecting 1 eEiee 2 Gas of Eis provsion Tor i 2. Ath eical standards for mombers provided in tho Code of Ethics? aaa. ‘i Aveo ec! dandads a manors powered? Ne vad complaniVand Compare [acid upon in accordance withthe tical Stangara Sab Taiar a FAA Since Organica Steere [- 2 "21 fhe organizational rachis in aordansa wh Th proon othe [Compiance of Organizational ans, rules and regulations and bla? [stucture to provisions ofthe laws, | [rie and roguatione and bylaw “EI Artis Racin, dea and oxponsioas ae ooo Gay Witton Tunatons, aloe and ‘defined nthe organzatoral chat? Irecponsbities supporting the 1 lrgerizational chor 1, Operational Swoctare z 1 the opera SnIGe W accoraanes wi the posi te |Sarnpiance we Grgantzatonal lay, rubs and regulations and wave? [Stucture to provisions ofthe lws,| Jus and reguations ane bytaws BZ ATs OTS, CRT wd TSSPONSTOIGS hs IGT GY Written unctons, amies and ‘defined nthe managemet chad?” recponstitis supporting the 1 management chart 15 Systomand Mechanism 7 rion fois of Reema ‘a1 Be here a separate books of acount por business ay? [Books of account er each mina witty rages“aR ho bocks of account updated? [Updated eriry in Be Book of lcoounts (lest entry shouldbe at least the day (medtu-Large) or 2 |week (nicro-sma) befee the vst inthe coop) Monae 1 Ars the dosarnars eal he oooporaive manaliod? pot ‘ach in evry rouired area) Frescice of) Operation Manoat, la Cove of Governance and Ethical Standard and 3) 4) Accounting, 5) HR DA maa pOATOT wT Receiving Gopy/Random Check o copy ofthe Manuals to koy users = Bushecs Operation z ‘fete businos acy ie coop ine whe joes and FS vais registered aicles of 7 purpocos stato nears of cooperation? ct cooperation | ~~ the busines acti a he coup reapanve oie neds of [ary documents rat wou essa members? tre responsiveness ofthe 5 business activity tothe needs of members 7 Gaapanan ts Covaermant Raguemania 1: Te the coop compton io goversnenlroqulemonig? ai COA CaS) legs z 23.2 BR CTE) [CTE (aaa od application wah sim) 1 TS DOLE (Coricato of Bxonpin, Wapplcabe anor [Centficate of Exerption (pov mina a) lsplcaie ancior proving Ininimum wage d Ta SSS (WR Regier and Conon Aga Caio Regisvaion and Conocton Agent ‘egulay rnsting to parmentio SSS) {certiicate/Proot of reguar lemitance 4 “E13 PRILFEALTH (Win Regt and Coection Age Registation and Colecton Agent Cerise o regulary renting he payment PHILHEALTH) |Certiicate/Proot of reguiar Jemttance 4 ‘18 PAGIBIG (Wii giaraon ard Caloction Agent Registation and Colecton Agent Conta regulary ring tho paymert io PAG) |Certifcata/Proot of regular tance, 4 TUT TSU Bases Po Business Peri 1 Depents onthe business activity 142 Ae chor aus and rls aed mgulatons(rsuranc. franchises ‘social ans) pot ilated?* lt coop. Proase very comptance Seo Fond ‘1 Ar i Tong dally funds funded? Resctved Fund, Eloslon ‘and Trlning Fun, Oplonal Fund, and Communty Dovelopmont Fund) FasabooWinveatrant \certicate/PS (ther funds and |seposis) or any iratrurent |ceclaing deposits as funding the 7 RaiementFand 1: le the require rtomert fund fundet* PaashoolTinvativent Sosariy oF any other sinitar instrument Nota tT omplyeos secire Creo f Bonin ot payin SubTotal minima wage tom DOLE. Axor 10 erloyoes, thre ral bo 0 oF retrenent pan "Tal Pi: = Organtational a F2. Secial Aspect (Note: every positive esponse eam one (1 point whe the nogatvereepensivels zor. Please check on the appropriate box) ‘Sear ‘GuEsTIONS: Yee] No| MEANS OF vERIricATION Ba tnnaned “i he a Sosial Dovelopnet Plan? [Sia Pian i =a roa 2._tetinslomented? [amor netrumont 1 3. thers a budgetary alloca the inplononiaion of Sods Dow Plan? [Facil Siemon 1 4. le the Community Development Fund uid forts purpoeo? “otal Pt, Socal Page s8. economic Aspect Fat Adequacy of ternal Control ‘QUESTIONS ves| WEANSOF VERIFICATION a the accauTing alam wall deineg? [Accounting Marical or any sia leocurrents Tre he sgn autores cloaty doled ad approved” Presence of CASA re the soocnabe cts ot ccop bowed? [Updated surety bord a laccountabl officers TRISH TOC OTROS UCT Updated recoring ine coop lsook of accounts. (updated entry shouldbe at east a day before the jst nthe exop(medium to trge) lor 1 week bere inicro-smat) SRST RSIS TOOT ANY a ad STO Pisce a fre-prot steal cabinet (microsmal), backup for [computerized eysten/poperty tied, rouse outside the building premises (eciuriarge) RSH GAB TSOPCRSIONSE TOSS aN THPOVSOS TINT and segregates? [vition dies and reponeiitics| loath of office, memorandum [specie order, appoiniment paper Board Resstuton or minutes of lpoo meats Fie OTE On BD TOON FRAICRTT lab Rataion Program or any lcocumonts that would assal that being practice Ty eed implanted? Requirement ofthe presence and Jivectcmeratin ct» mocond praon nthe perteranco of important task end futon, Both persone shall bo equal accountable forthe physical pectacton ofthe dom ard rece nctvs (Operation of Vat sn Handingat Cash & Vil Docurons) 1. dl cont oriented?” [The work ofone person is tobe ler by 2 second person to lensure thatthe transaction is propor audrortzed, recorded and [ction (Checks, CTD, Borrowings Due te and Oue from Ascourts) 7s ema con inperotod? |Sequeiia numbering ofthe lodowng documents: Promissory Notes, SD and passbook, CTDs, signature Cards, OR and Provisional Receits, Snare Icerfiates, Loan Accounts, [Expense and Check vouchers, etc TE a nts vrialon af aco aCieoa? [Wien communications ti] members Te Tis een preenaln ayaaen aaah Jor storage of dupate vist records oF any siniarsecuty preoray internal conta Tac Tee eral an ota pC? Imoasures Infernal Andi Reports vais internal Auet Program Te Th ara wa eT] coms Bea apn rmenaperentimmeditly? [Board Actions on the itor A Reports (at east next BOD necting ater isuance of reports) SuTotal Pages TOTAL of or-inancil Component 100‘Membr’ Bena Bxponea Members Equity Net Supe Nowearing Asses: Operating Cox: Paldup Share Capiar Par vate Past Due Recevabios for 5 day 101 your Past Due Receivables for more than 1 year: Preblom Rovoiables Ast Rate of litres on Stare Capi Fate of Patronage Refund 6.21 PROFITABILITY PERFORMANCE 1) Prottaaty Ratio: [pom anata Formula: Net Operaing Surplus ‘Ges Reverse / Gross Narain 2) Eaming per Snare Ratio: Net Supls Os to bow 255 [sto bobw 10%. [Bei 5% In cae ol beal-even or al ioss — [Big 20 and above [By 3 00:6 bio Bip 7 [Phe 1:50. below Pro2.00 [Bi 1.008 btw Ph 1.60 Paidup Capital Par Valo) [Seiw Phot ODio PhO 75 [zo rate ooh and abo |) Proftabity Growth Rate: [75% to below 100% Fermula: Earning pr share en Eaming por share begining 05 to bein 75%, fo betow 5 aming per sare begining 0% to tow S05 [ves tae 1056 ageay Aaset Eilency Rates Toll Assets 65) Rate of interest on Share Capa: ‘Amount cet for interest on Share ania ‘AveragePld up Sher Captal 5% to below 20% Hox to beow 18 5 to bow 05 [ghar ate ton re [wih te inition te 2 ois Slow the nation ak [pointe ar move blow the Tefaton Fa [Re Loss @ Sub-Total s e222 INcTrTUTONAL STRENGTH 4) Net nettutiona Captal ‘ronnuta (Reserves +Alowance fr provoblelosves on ans and or account recevabls)- [TOR andabove = (Problem recevables asetos past due msivabieetrecoabie uncer igations [to below 10% 5 ‘resoucured rocoto) fete boow ot, 2 —fitiotson z Teta Asses fen to bsow a 2 [Baow 25. 4 [Zero or reaeae 2 2) Adequacy ofProvistoning (more than 1 year) Formula ; Allowance for protabl ses on rceivabiog Hom ad above z Past cue reales over om (1) year [0 io btw 100% % 70% to teow SO% 3 Is io slow 70% a 0% te Esiow SOE 3 fos to Below 2%, 2 [Boewe 10 4 [zero or negate 2 2) Adequacy of Provieoning (24 days to 4 yoae) ‘Fonmula: Akowancefer roils ose on rcohablos-alewanco equedtor (BERL and aba z ‘past ue recolvabas oe yeu andabove 0% tain = te teow 20% = Tot past ve recovaies 31 cays to 1 yoar 0% token 5% 4 i to below 20% 3 Fi fo telow 15%. 2 [Siow 10% bun a SrnagaNS 7 Sab=Toal ws 6.23 STRUCTURE OF ASSETS 1) Percentage of Nor-Earring Assetsto Total Assets fie and Bolo [atows 10 0 20% 4 ‘Fomula:Noo-Faming Aste [Atowo 27% 130% 3 Teal Aes [atows 30510 aos 2 fatowe a 4 2) Members Equity to Total Assets [20 to Bow 50% 3 FFommula:ai-up Share Capital + Deoosits for Cg Subscrntion 0% to teow 40% = Total Assets [ets to wei T° z [20% wo below 30% z [Below 20% or above TOE. 7 Loss than 205% 2 9) epost Liattitiesto Total Assets ee oe 3 [atove 40% 10.50% 4 ‘Formula > Teal enasi bios [20% to below 40% 4 Tota Assos [Atove 50% to 50% 3 [ls 305 to 10% 3 [ato 60% to 70% 2 [iw 10% 195%, 2 [toe 70% n [bso 6%. ol [zao 2 Page4) External Borowings Formula : Toil xomal Borowings Total Asset 5) Receivables to Total Assets Formule * LoanslBccounts Receivabies [Ne eaaral boro [Atove 20% 10 30% [ative 37% 0 3% [Above ae (sore [55k to olow oO 50% to boon 555 8} | fe] =| Total Assets fast to Below 50% 4 [20% to elon a5 ‘Sub-Taial (6.24. OPERATIONAL STRENGTH (STAYING POWER) 4) Volume of Business to Total Assets HOR and above 3 FFmule: Ttal Vue of Busnes [50% to bsiow 5%. 3 ‘edt: Loans released: Concumor/PaducerMarcing Sales; Sonice: Senicelncome | Ski below 25% i [ces thon 2 2) Solvency ie a abore 3 ot to below HOH 4 Formula: (Asses + Alonawes for probable losses) {Total Liaities- [so slow 100% 3 epost Lialtics} (Past dv reccheblesrrestuctred recevables [75% lo below E57 iz ‘tecevables unde tigation [SOK to boi 15%. H ‘Depot Linbltins + Shave Cantal [cos then 50% 2 2) Uquiaty se andi Som = [Beow 18% to 10% 4 ‘Fonte {iid Asote short Term Payabios faze 03 0 505 2 Total membwrs’aposit [Bow 10% 15% 3 acon 5% to 1 2 [Asses ii 20% 2 [atove 80% or below TE 4 [zero or negate 2 44) Cost per Volume of Business Formula; Operatin cost (menbers' tenet expanse + soil sordae expense Teal Volume of Business 6) Turn-Ove Ratio (Note: Got the average, both formula is applicable) Account RecoWvabe Tumor: Net red Sales. Average Accounts Rcelvalos Account Recetvable Tam-over: Toll Loans Reoases, ‘Average Loans Roconables 11 mats purpove cooperative, acho rang o Accounts Fecahabe Tum over and Loars [Recowable Turnover and bide ly 2 to get to average. For shigle pe, soect whatever {s applicato foto coop bSconisand a fst 22 conte Fut 29 oon [ato 46 cons [a7 conte ane ove [Atowe 10% to bow 5% [Ais 106 fo bow 20% [Atove 20% to blow 25% [ames ana more [sw bein [zp beions [saowe2 Vero or rogaine (ames and mare [ap belan 4 [pert [aeons2 [aars or sagan ‘Sub-Total "Fatal Francia Conponet a lslo|—pofolo Pages+H, RATING SYSTEN TOGETTHE Sco GARNERED POWNTS sauna __narins NON-FWANCAL : 100%35% = 35% [Rowman 35% EINANCAL, 1OOK6sS = 65% [anAwA oe ora 100% yor, Medium ‘ADJECTIVAL RATING tia: Small Micro Excellent Performance 7 TOO Sie 100% Tae 100% ‘Very Satisfactory Performance fat = 90% "7196 = 80% 61% = 74% ‘Satisfactory Perfermance [74 = 80% 1% = 70% ‘BIR 60%, air Performance let 70% 5156 00% 4196 -50% ‘Needs improvement [60 boty 0% and below 0% and Below rages