ABC DEVELOPMENT COOPERATIVE

xxx Town, Province

STATEMENTS OF OPERATIONS
For the year en!e! Dece"#er $%, &&&&, an! &&&&
'A"o(nt in Phi)i**ine Peo+
ACCO,NT TITLE C(rrent -ear Price -ear
REVENUES (Schedule 1)
Income from Credit Operations
Income from Customer Operations
Income from Service Operations
Income from Production Operations
Income from ar!etin" Operations
Other Income
Income# Interest from Investment
em$ership %ees
Interest Income from &ease '"reements
Commission Income
%ines( Penalties ) Surchar"es
iscellaneous Income
*O*'& REVENUES
&ESS E+PENSES (Schedule,)
%inancin" Cost
Sellin" ar!etin" Cost
'dministrative Cost
-emocratic .overnance Cost
NE* SURP&US $efore Other Items
'dd/ O*0ER I*ES
Pro1ect Su$sid2
-onation and .rant Su$sid2
.ain on sale of Propert2 and E3uipment
.ain in Investment
.ain on Sale of Repossessed Item
.ain from %orei"n E4chan"e *ransaction
Prior 5ear 'd1ustment
*otal
&ess/
Su$sidi6ed E4penses
&oss on Sale of Propert2 and
E3uipment
&oss on Investment
&oss on Sale of Repossessed Item
&oss from %orei"n E4chan"e Valuation
Prior 5ear 'd1ustment
*otal
NE* SURP&US (%OR '&&OC'*ION)
SC0E-U&E 1
Schedule of .ross Revenues
ACCO,NT TITLES C(rrent -ear
Prior
-ear
Income from Credit Operations
Interest Income from &oans
Service %ees
%ilin" %ees
%ines( Penalties( Surchar"es
*otal Income from Credit Operations

444
444
444
444
444
444
444
444
444 444

'CCOUN* *I*&ES Consumers

Installment Caterin" Canteen

Current 5ear Prior
5ears
Income from Consumers#Caterin" Operations
Sales
&ess7 Sales Returns ) 'llo8ances
Sales -iscounts
Net Sales
&ess/ Cost of Sales
Inventor2( $e"innin"
Purchases (net)
%rei"ht 9 In
*otal Purchases
'dd/ Production Cost
-irect aterials
-irect &a$or
%actor2#Processin" Overhead
*otal Production Cost
*otal .oods 'vaila$le %or Sale
&ess/ Inventor2 end
COS* O% S'&ES


444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
*O*'&
444 444
444 444
444 444
444 444
444 444
444 444
444 444
444 444
444 444
444 444
444 444
444 444
444 444

444 444
.ro Reven(e /ro" Con("er O*eration 444 444
ACCO,NT TITLES Current 5ears

Prior
-ear
Income from Service Operations
REVENUES
Service Income
Interest Income from &ease '"reement
*otal Revenues
&ESS/ COS* O% SERVICES (Schedule :)
Pro1ect ana"ement Cost
.eneration Cost
-istri$ution Cost
*ransport Service Cost
*otal Cost of Services

444
444
444

444
444
444
444
444
444
444
444
444
444
444
444
444
.ross Revenues from Services 444 444

ACCO,NT TITLES Current 5ear
Prior
-ear
Income from Production Operations
Sales
&ess/ Sales Returns ) 'llo8ances
Sales -iscounts
Net Sales
&ess/ Cost of .ood Sold
Ra8 aterials Inventor2( $e"innin"
'dd/ Ra8 aterial Purchases
%rei"ht 9 In
*otal Purchases
&ess/ Purchase Returns and 'llo8ances
Purchase -iscounts
Net Purchases
&ess Ra8 aterials( End
Cost of Ra8 aterials Used
-irect &a$or
%actor2 Overhead

*otal Cost of .oods to $e anufactured
'dd ;or! in Process( <e"=
&ess/ ;or! in Process( End
*otal Cost of .oods anufactured
'dd/ %inished .oods( <e"=
&ess/ %inished .oods( End
*otal Cost of .oods Sold
'dd Inventor2 &oss
'd1usted Cost of .oods Sold
*otal Cost of .oods Sold
444
444
444

444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
.ro Reven(e /ro" Pro!(ction O*eration 444 444
Income from ar!etin" Operations
Sales
&ess/ Sales Returns ) 'llo8ances
Sales -iscounts
Net Sales
&ess/ Cost of Sales
Inventor2( $e"innin"
Purchases (net)
%rei"ht 9 In
*otal .oods 'vaila$le for Sale
&ess/ Inventor2( end
COS* O% S'&ES
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
444
.ro Reven(e /ro" Mar0etin1 O*eration 444 444
SC0E-U&E :
Sche!()e o/ COST OF SERVICES
'CCOUN*S
Current
5ear
Previous
5ear
Increase#
-ecrease
COST OF SERVICES
PRO2ECT MANA.EMENT COST 444 444 444
&a$or and *echnical Supervision 444 444 444
Salaries ) ;a"es 444 444 444
Emplo2ee>s <enefits 444 444 444
Retirement <enefit E4penses 444 444 4 44
Insurance 444 444 444
SSS( Philhealth( Pa"?I$i" Contri$ution 444 444 444
Supplies 444 444 444
Professional and Consultanc2 %ees 444 444 444
Po8er( &i"ht and ;ater 444 444 444
Rentals 444 444 444
Repairs and aintenance 444 444 444
.as( Oil ) &u$ricants 444 444 444
-epreciation 444 444 444
'morti6ation 444 444 444
Impairment &oss 444 444 444
iscellaneous 444 444 444
.ENERATION COST
Po8er Cost 444 444 444
&a$or and *echnical Supervision 444 444 444
Salaries ) ;a"es 444 444 444
Emplo2ees> <enefits 444 444 444
Retirement <enefit E4penses 444 444 444
Insurance 444 444 444
SSS( Philhealth#ECC#Pa"?I$i" Contri$ution 444 444 444
Supplies 444 444 444
Professional and Consultanc2 %ees 444 444 444
Po8er( &i"ht and ;ater 444 444 444
Rentals 444 444 444
Repairs and aintenance 444 444 444
.as( Oil ) &u$ricants 444 444 444
-epreciation 444 444 444
'morti6ation 444 444 444

'CCOUN*S
Current
5ear
Previous
5ear
Increase#
-ecrease
Impairment &oss 444 444 444
iscellaneous 444 444 444
DISTRIB,TION COST
Po8er Cost 444 444 444
&a$or and *echnical Supervision 444 444 444
Salaries and ;a"es 444 444 444
Emplo2ees> <enefits 444 444 444
Retirement <enefit E4penses 444 444 444
Insurance 444 444 444
SSS( Philhealth( ECC( Pa"?I$i" Contri$ution 444 444 444
Supplies 444 444 444
Professional and Consultanc2 %ees 444 444 444
Po8er( &i"ht and ;ater 444 444 444
*ravel and *ransportation 444 444 444
Rentals 444 444 444
Communication 444 444 444
Repairs and aintenance 444 444 444
*rainin"# Seminars 444 444 444
.as( Oil ) &u$ricants 444 444 444
-epreciation 444 444 444
'morti6ation 444 444 444
Impairment &oss 444 444 444
iscellaneous 444 444 444
TRANSPORT SERVICES COST
Insurance 444 444 444
.as( Oil ) &u$ricants 444 444 444
-epreciation 444 444 444
-river>s # Conductor>s %ees 444 444 444
*oll %ees 444 444 444
Vehicle Re"istration and &icensin" E4penses 444 444 444
Repairs and aintenance 444 444 444
Incidental E4penses 444 444 444
Provision for %ortuitous Events and 'ccidents 444 444 444
SC0E-U&E ,
SC0E-U&E O% OPER'*IN. E+PENSES/
'CCOUN*S Credit Consumers Service ar!etin" Producers .R'N- *O*'&
'= %IN'NCIN. COS*S
Interest E4pense on <orro8in"s 444 444 444 444 444 444
Interest E4pense on -eposit 444 444 444 444 444 444
Other %inancin" Char"es 444 444 444 444 444 444
*O*'& 444 444 444 444 444 444

<=SE&&IN.# 'R@E*IN. COS*S
Product # Service ar!etin" and
Promotion E4penses
444 444 444 444 444 444
Product#Service -evelopment 444 444 444 444 444 444
Product Research 444 444 444 444 444 444
Salaries and ;a"es 444 444 444 444 444 444
Incentives and 'llo8ances 444 444 444 444 444 444
Emplo2ees <enefits 444 444 444 444 444 444
SSS( Philhealth( ECC( Pa"?i$i"
Premium Contri$ution
444 444 444 444 444 444
Retirement <enefit E4pense 444 444 444 444 444 444
Store#Canteen#@itchen and
Caterin" Supplies
444 444 444 444 444 444
%rei"ht Out#-eliver2 E4penses 444 444 444 444 444 444
Po8er( &i"ht and ;ater 444 444 444 444 444 444
*ravel and *ransportation 444 444 444 444 444 444
Insurance 444 444 444 444 444 444
Repairs and aintenance 444 444 444 444 444 444
Rentals 444 444 444 444 444 444
*a4es( %ees and Char"es 444 444 444 444 444 444
Communications 444 444 444 444 444 444
Representation 444 444 444 444 444 444
'dvertisin" and Promotion 444 444 444 444 444 444
.as( Oil and &u$ricants 444 444 444 444 444 444
Spoila"e( <rea!a"e and &osses 444 444 444 444 444 444
Stora"e# ;arehousin" E4penses 444 444 444 444 444 444
Commission E4penses 444 444 444 444 444 444
<rea!a"e and &osses on @itchen
Utensils
444 444 444 444 444 444
iscellaneous E4pense 444 444 444 444 444 444
-epreciation 444 444 444 444 444 444
'morti6ation 444 444 444 444 444 444
Ro2alties 444 444 444 444 444 444
'morti6ation of &easehold Ri"hts
and Improvement
*O*'&
444 444 444 444 444 444
C='-INIS*R'*IVE COS* 444 444 444 444 444 444
Salaries and ;a"es 444 444 444 444 444 444
Emplo2ees <enefits 444 444 444 444 444 444
SSS( Philhealth( ECC( Pa"? i$i"
Contri$ution
444 444 444 444 444 444
Retirement <enefit E4pense 444 444 444 444 444 444
Officers 0onorarium and
'llo8ances
444 444 444 444 444 444
*rainin"s#Seminars 444 444 444 444 444 444
School Pro"ram Support 444 444 444 444 444 444
Office Supplies 444 444 444 444 444 444
Po8er( &i"ht and ;ater 444 444 444 444 444 444
*ravel and *ransportation 444 444 444 444 444 444
Insurance 444 444 444 444 444 444
Repairs and aintenance 444 444 444 444 444 444
Rentals 444 444 444 444 444 444
'CCOUN*S Credit Consumers Service ar!etin" Producers .R'N- *O*'&
*a4es( %ees and Char"es +++ +++ +++ +++ +++ +++
Professional %ees +++ +++ +++ +++ +++ +++
Communications +++ +++ +++ +++ +++ +++
Representation +++ +++ +++ +++ +++ +++
eetin" and Conferences +++ +++ +++ +++ +++ +++
<an! Char"es +++ +++ +++ +++ +++ +++
Collection E4pense +++ +++ +++ +++ +++ +++
Periodicals( a"a6ines and
Su$scription +++ +++ +++ +++ +++ +++
.eneral Support Services +++ +++ +++ +++ +++ +++
.as( Oil and &u$ricants +++ +++ +++ +++ +++ +++
&iti"ation E4penses +++ +++ +++ +++ +++ +++
iscellaneous E4pense +++ +++ +++ +++ +++ +++
-epreciation +++ +++ +++ +++ +++ +++
'morti6ation +++ +++ +++ +++ +++ +++
Provision for Pro$a$le &osses on
'ccounts# Installment Receiva$les

+++

+++

+++

+++

+++

+++
'morti6ation of &easehold Ri"hts
and Improvement +++ +++ +++ +++ +++ +++
.eneral 'ssem$l2 E4penses +++
em$ers> <enefit E4pense +++
'ffiliation %ee +++
Social and Communit2 Service
E4pense
+++
Provision for em$ers> %uture
<enefits
+++
*otal +++
'NNE+ C
PRO3FORMA FINANCIAL REPORTS
D4 State"ent o/ Chan1e in Me"#er5 E6(ity
Donation, .rant an! Stat(tory F(n!
N'E O% COOPER'*IVE
'--RES O% *0E COOPER'*IVE
RE.IS*R'*ION # CON%IR'*ION NO=
S*'*EEN* O% C0'N.ES IN EAUI*5( S*'*U*OR5 %UN-S 'N- .R'N*S 'N- -ON'*IONS
%or the 5ear Ended( -ecem$er ,1(:BBCC
E3uit2
Share Capital( Common( <e"innin" ++++
'dd/ 'dditional Capital <uild?up ++++
*otal ++++
&ess/ ;ithdra8al in Capital (++++)
Share Capital( Common( End ++++
Share Capital( Preferred( <e"innin" ++++
'dd/ 'dditional Capital <uild?up ++++
*otal ++++
&ess/ ;ithdra8al in Capital (++++)
Share Capital( Preferred( End ++++
Reserve %und
<alance( -ec=( 1( :BBCCC ++++
'dd/ Credits ++++
1BD Net Surplus from Operations ++++
*otal ++++
&ess/ Char"es (++++)
(++++)
*otal Char"es (++++)
<alance( -ec=(,1( :BBCCC ++++

Cooperative Education and *rainin" %und
<alance( -ec=( ,1( :BBCCC ++++
'dd/ Credits (++++)
E of 1BD Net Surplus from Operations ++++
*otal ++++
&ess/ Char"es
(++++)
*otal Char"es (++++)
<alance( -ec=( ,1( :BBCCC ++++

Optional %und
<alance( -ec=( ,1( :BBCCC ++++
'dd/ Credits ++++
1BD Net Surplus from Operations ++++
*otal ++++
&ess/ Char"es
(++++)
*otal Char"es (++++)
<alance( -ec=( ,1( :BBCCC ++++
-ue to Union#%ederation
<alance( -ec=( ,1( :BBCCC ++++
'dd/ Credits ++++
E of 1BD Net Surplus from Operations ++++
*otal ++++
&ess/ Char"es
Remittances to Union#%ederation (++++)
*otal Char"es (++++)
<alance( -ec=( ,1( :BBCCC ++++
ANNE7 D
Cah F)ow State"ent
NAME OF COOPERATIVE
ADDRESS OF T8E COOPERATIVE
RE.ISTRATION9CONFIRMATION NO4
CAS8 FLO:S STATEMENT
For the -ear En!e!, Dece"#er &&&&&&&&&&&&&
Cah /)ow /ro" O*eratin1 Activitie;
Cah *rovi!e! #y o*eration;
Net surplus for allocation +++
-epreciation#'morti6ation +++
Provision for Pro$a$le &osses on 'ccounts#Installment Receiva$les +++
Chan"es in 'ssets and &ia$ilities +++
(Increase)#-ecrease in/
'dvances to Officers ) Emplo2ees +++
'ccounts Receiva$le *rade (+++)
Installment Receiva$le +++
Receiva$le from accounta$le officers ) emplo2ees +++
Other Receiva$les +++
Input *a4 +++
-eposits to suppliers +++
Inventories +++
Repossessed Inventories +++
'ssets held for sale +++
Unused office#store#!itchen#canteen#caterin" supplies (+++)
Prepaid E4penses (+++)
Intan"i$le 'ssets +++
Other assets +++
Increase#(-ecrease) in/
'ccounts pa2a$le (+++)
SSS#ECC#Philhealth#Pa"?i$i" Premium Contri$ution pa2a$le +++
SSS#Pa"?i$i" &oans pa2a$le +++
;ithholdin" ta4 pa2a$le +++
'ccrued e4penses +++
-ue to CE*% ('pe4) +++
*a4es( %ees and char"es pa2a$le +++
Output ta4 +++
-eposits from customer +++
-eferred "ross mar"in +++
School Pro"ram Support %und Pa2a$le +++
Other pa2a$les +++ +++
Net cah /ro" o*eratin1 activitie +++
Cah /)ow /ro" invetin1 activitie ;
(Increase)#-ecrease in/
Propert2 ) E3uipment +++
Investment +++
Net cah /ro" invetin1 activitie +++
Cah /)ow /ro" /inancin1 activitie;
(Increase)#-ecrease in/
Savin"s deposit +++
*ime deposit +++
Paid?up Share Capital +++
-onations#.rants +++
Statutor2 funds +++
&on" term lia$ilities +++
Other lia$ilities +++
Interest on share capital ) patrona"e refund +++ +++
Net cah /ro" /inancin1 activitie +++
Net increae9'!ecreae+ in cah +++
Cah #a)ance, #e1innin1 +++
Cah #a)ance, en! +++
'The a#ove tate"ent i *reente! (in1 In!irect Metho! A**roach+4
ABC DEVELOPMENT COOPERATIVE
xxx Town, Province
NOTES TO FINANCIAL STATEMENTS
A o/ Dece"#er $%, &&&&&&&&
'A"o(nt in Phi)i**ine Peo+
1= .ENER'& IN%OR'*ION
:= SU'R5 O% SI.NI%IC'N* 'CCOUN*IN. PO&ICIES
,= 'N'.EEN*>S SI.NI%IC'N* 'CCOUN*IN. FU-.EEN*
'N- ES*I'*ES
,=1 Fud"ments
,=: Estimates
G= %inancial Ris! ana"ement O$1ectives and Policies
G=1 Credit Ris!
G=: &i3uidit2 Ris!
G=, Other Price Ris! Sensitivit2
H= Cash ) Cash E3uivalent
I= Notes on financial assets descri$e composition( description( etc=
J= &oans and Receiva$les
J=1 &oans Receiva$les( Net
J=: *rade and Other Receiva$les
K= Inventor2
L= <iolo"ical 'ssets
1B= Other Current 'ssets
11= <rea!do8n of Non?Current %inancial 'ssets
1:= Investment Propert2
1,= Propert2 and E3uipment
1G= Intan"i$le 'ssets
1H= Other funds and -eposits
1I= Other Non?Current 'ssets
1J= -eposit &ia$ilities
1K= *rade( Non?*rade and Other Pa2a$les
1L= -ue to Union#%ederation
:B= Other Current &ia$ilities
:1= &oans Pa2a$le
::= <onds Pa2a$le
:,= Revolvin" Capital Pa2a$le
:G= Retirement %und Pa2a$le
:H= %inance &ease Pa2a$le
:I= Other Non?Current &ia$ilities
:J= -eposit on %uture Share Su$scription
:K= -onations#.rants
:L= Statutor2 %unds
,B= Unreali6ed .ains#&osses
,1= Income from Credit Operations
,:= Income from Consumer Store Operations
,,= Income from Service Operations
,G= Income from Production Operations
,H= Income from ar!etin" Operations
,I= Other Income
,J= E4penses
,K= 'llocations ) -istri$ution of Net Surplus
,L= Cooperative .uarantee %unds
GB= Emplo2ee <enefits
G1= Increase in Capital Stoc!
G:= Related Part2 *ransactions
G,= Events 'fter <alance Sheet -ate
GG= Commitments ) Contin"encies
GH= Capital ana"ement O$1ectives( Policies and Procedures