SPAB EMPLOYEES COOPERATIVE DIVIDEND SHARING

FOR MILLING YEAR 2016-2018

SHARE MONTHS
MEMBERS
J A S O N D J F M A M J
2016 2017
1. ALVAREZ, CATHERINE A. 20,000 20,000 20,000 20,000 20,000 20,000 20,500 21,500 22,500 23,000 23,500 24,500
2. AUTIDA, ELMA S. - - - - - - 3,300 3,900 4,500 5,100 5,700 6,300
3. BALUCAN, IRENE MARIE P. 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 20,000 21,000 22,000 23,000
4. CASUYON, MA. STELLA C. 20,000 20,000 20,000 20,000 20,000 20,000 21,000 22,000 23,000 23,500 24,500 25,500
5. CAYETONA, CHERANDY R. 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,300 15,900 16,500
6. DAPITON, CESA 20,500 21,500 22,500 23,500 24,500 25,500 26,500 27,500 28,500 29,500 30,500 31,500
7, FLOR, EVELYN A. 5,000 5,000 5,000 5,000 5,000 5,000 5,400 5,400 5,400 842 842 842
8. LENTIJA, ANNIELEE P. 14,000 14,000 14,000 14,000 14,000 14,000 14,500 14,500 14,500 14,500 15,500 16,500
9. MARIPOSQUE, JANNA MA. D. 20,000 20,000 20,500 20,500 20,500 21,000 22,000 23,000 24,000 25,000 26,000 26,500
10. MOMVILLE, ALVIN 5,300 5,900 6,500 7,100 7,700 8,000 8,000 8,000 8,000 8,300 8,900 9,500
11. NOVEROS, NELA T. 20,000 20,000 20,000 21,000 22,000 23,000 24,000 25,000 26,000 27,000 27,500 28,000
12. PALULEM, ANGELINA T. 20,000 20,000 20,000 20,000 20,000 20,000 20,300 20,300 20,300 - - -
13. PUYOS, HERMINIA 20,000 20,000 20,000 20,000 20,000 20,000 20,500 21,500 22,500 23,500 23,500 24,500
14. SOLDEVILLA, SUSAN A. - - - - - 10,600 11,100 12,100 13,100 14,100 15,100 16,100
15. VILLANUEVA,LILIBETH A. 10,000 10,000 10,000 10,000 10,000 10,000 10,600 11,200 11,800 12,100 12,700 13,300
16. YUNTING, SEGUNDINA R. 5,000 5,000 5,000 5,000 5,000 5,300 5,900 6,500 7,100 7,400 8,000 8,000
17. YWAYAN, MICHELLE B. 5,000 5,000 5,000 5,000 5,000 5,200 5,600 6,000 6,400 6,800 7,200 7,600

FORMULA FOR GETTING THE DIVIDEND:

ROI = 70% (NET INCOME - OBLIGATION)

TOTAL AVERAGE SHARE MONTHS (TASM)
ROI = 70% (161,113.56 - 8,055.67 / 282,846.91)
ROI = 70% (.54113)
ROI = .3787
ROI = 70% (NET INCOME - OBLIGATION)
TOTAL AVERAGE SHARE MONTHS (TASM)
ROI = 70% (161,113.56 - 8,055.67 / 282,846.91)
ROI = 70% (.54113)
ROI = .3787
 SPAB EMPLOYEES COOPERATIVE DIVIDEND SHARING
FOR MILLING YEAR 2016-2018

TSM TASM ROI DIVIDEND

J A S O N D J F M A M
2017 2018
25,000 25,000 25,000 25,000 25,500 26,500 27,500 28,500 29,000 29,500 30,500 552,500 24,021.70 0.38 9,097.01
6,600 6,600 6,600 6,600 7,200 7,800 8,400 9,000 9,600 10,200 10,800 118,200 5,139.10 0.38 1,946.17
27,000 27,000 27,000 27,000 28,000 29,000 30,000 31,000 32,000 33,000 34,000 571,000 24,826.00 0.38 9,401.60
25,500 25,500 25,500 25,500 26,000 27,000 28,000 29,000 30,000 31,000 32,000 564,500 24,543.45 0.38 9,294.60
16,800 16,800 16,800 16,800 17,400 17,400 17,400 17,400 18,000 18,300 18,900 374,700 16,291.30 0.38 6,169.51
32,500 33,500 34,500 35,500 36,500 37,500 38,500 39,500 40,500 41,500 42,500 724,500 31,500.00 0.38 11,929.05
842 842 842 842 842 842 842 842 842 842 5,400 57,988 2,521.20 0.38 954.77
17,000 17,000 17,000 17,000 18,000 18,500 18,500 19,000 19,500 20,500 21,500 377,500 16,413.00 0.38 6,215.60
27,500 27,500 27,500 27,500 28,500 29,500 30,500 31,500 32,500 33,500 34,500 599,500 26,065.21 0.38 9,870.89
10,100 10,700 11,000 11,600 12,200 12,200 12,800 13,100 13,700 14,300 14,900 227,800 9,904.35 0.38 3,750.77
29,000 30,000 30,500 31,500 32,500 33,500 34,500 35,500 36,500 37,500 38,500 653,000 28,391.30 0.38 10,751.78
- - - - - - - - - - 20,500 180,900 7,865.20 0.38 2,978.55
25,000 25,000 25,000 25,000 26,000 27,000 27,500 28,500 29,000 30,000 31,000 555,000 24,130.40 0.38 9,138.18
16,600 16,600 16,600 16,600 17,600 18,600 19,600 20,600 21,600 22,600 23,600 302,800.00 13,165.20 0.38 4,985.66
13,600 13,600 13,600 13,600 14,200 14,800 15,400 16,000 16,600 17,200 17,800 298,100.00 12,960.85 0.38 4,908.27
8,300 8,300 8,300 8,300 8,900 9,500 10,100 10,100 10,700 11,300 11,900 178,900.00 7,778.25 0.38 2,945.62
7,800 7,800 7,800 7,800 8,200 8,700 9,300 9,700 10,300 10,500 10,900 168,600.00 7,330.40 0.38 2,776.02
399,200 282,846.91 107,114.05

PREPARED BY: CHECKED AND APPROVED BY:

IRENE MARIE P. BALUCAN

CESA DAPITON
SPABI EMPLOYEES COOPERATIVE PRESIDENT
SPAB COOP BOOKKEEPER
 SPABI EMPLOYEES COOPERATIVE PRESIDENT
SPAB COOP BOOKKEEPER
 SPAB EMPLOYEES COOPERATIVE PATRONAGE REFUND DISTRIBUTION
MILLING YEAR 2016-2018

MEMBERS TOTAL AMOUNT LOANED TOTAL INTEREST EARNED RPR PATRONAGE REFUND

1. ALVAREZ, CATHERINE A. 30,000.00 11,131.28 0.285 3,172.41

2. AUTIDA, ELMA S. 48,000.00 6,083.26 0.285 1,733.72
3. BALUCAN, IRENE MARIE P. 79,000.00 21,332.06 0.285 6,081.09
4. CASUYON, MA. STELLA C. 46,650.00 9,762.02 0.285 2,779.32
5. CAYETONA, CHERANDY R. 55,000.00 17,171.07 0.285 4,893.75
6. DAPITON, CESA 70,000.00 9,567.49 0.285 2,726.73
7, FLOR, EVELYN A. 5,000.00 1,072.64 0.285 305.70
8. LENTIJA, ANNIELEE P. 25,000.00 12,517.58 0.285 3,567.51
9. MARIPOSQUE, JANNA MA. D. 65,000.00 4,874.01 0.285 1,389.09
10. MOMVILLE, ALVIN 42,500.00 8,543.57 0.285 2,434.91
11. NOVEROS, NELA T. 65,000.00 10,032.96 0.285 2,859.50
12. PALULEM, ANGELINA T. 30,000.00 6,279.22 0.285 1,789.49
13. PUYOS, HERMINIA 86,500.00 23,840.06 0.285 6,939.18
14. SOLDEVILLA, SUSAN A. 20,000.00 4,128.34 0.285 1,176.57
15. VILLANUEVA,LILIBETH A. 98,000.00 10,224.59 0.285 2,913.91
16. YUNTING, SEGUNDINA R. 25,000.00 3,250.56 0.285 928.37
17. YWAYAN, MICHELLE B. 15,000.00 1,302.85 0.285 371.31
TOTAL 805,650.00 161,113.56 46,062.56

FORMULA IN GETTING PATRONAGE REFUND: CHECKED AND APPROVED:

RPR = 30% (NI-OBLIGATION/TOTAL INTEREST EARNED)
RPR = 30% (153,057.89/161,113.56)
RPR = 30% (.9500)
RPR = .2850 IRENE MARIE P. BALUCAN
SPABI EMPLOYEES COOPERATIVE PRESIDENT
 SPAB EMPLOYEES COOPERATIVE SHARES DISTRIBUTION
MILLING YEAR 2016-2018

MEMBERS CAPITAL BUILD UP DIVIDEND PATRONAGE REFUND TOTAL SHARES SIGNATURES REMARKS

1. ALVAREZ, CATHERINE A. 30,500 9,097.01 3,172.41 42,769.42

2. AUTIDA, ELMA S. 10,800 1,946.17 1,733.72 14,479.89
3. BALUCAN, IRENE MARIE P. 34,000 9,401.60 6,081.09 49,482.69
4. CASUYON, MA. STELLA C. 32,000 9,294.60 2,779.32 44,073.92
5. CAYETONA, CHERANDY R. 18,900 6,169.51 4,893.75 29,963.26
6. DAPITON, CESA 42,500 11,929.05 2,726.73 57,155.78
7, FLOR, EVELYN A. 5,400 954.77 305.70 6,660.47
8. LENTIJA, ANNIELEE P. 21,500 6,215.60 3,567.51 31,283.11
9. MARIPOSQUE, JANNA MA. D. 34,500 9,870.89 1,389.09 45,759.98
10. MOMVILLE, A. 14,900 3,750.77 2,434.91 21,085.68
11. NOVEROS, NELA T. 38,500 10,751.78 2,859.50 52,111.28
12. PALULEM, ANGELINA T. 20,500 2,978.55 1,789.49 25,268.04
13. PUYOS, HERMINIA 31,000 9,138.18 6,939.18 47,077.36
14. SOLDEVILLA, SUSAN A. 23,600 4,985.66 1,176.57 29,762.23
15. VILLANUEVA,LILIBETH A. 17,800 4,908.27 2,913.91 25,622.18
16. YUNTING, SEGUNDINA R. 11,900 2,945.62 928.37 15,773.99
17. YWAYAN, MICHELLE B. 10,900 2,776.02 371.31 14,047.33
TOTAL 399,200.00 107,114.05 46,062.56 552,376.61

PREPARED BY: CHECKED AND APPROVED:

CESA DAPITON
SPABI EMPLOYEES COOPERATIVE BOOKKEEPER IRENE MARIE P. BALUCAN
SPABI EMPLOYEES COOPERATIVE PRESIDENT