Cooperative Performance Questionnaire 1132013


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4 components: instrument, financial information, PISO indicators and rating form for small, micro, medium and large cooperatives

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Cooperative Performance Questionnaire 1132013

  1. 1. Department of Finance COOPERATIVE DEVELOPMENT AUTHORITY 827 Brgy Immaculate Conception Aurora Boulevard, Quezon City COOPERATIVE PERFORMANCE QUESTIONNAIRE For the Year December 31, _____________________I. GENERAL INFORMATION A. Name of Cooperative (as of latest amendment, if any): ______________________________________________________________________________ B. Cooperative Identification Number (CIN) : _______________________________________________________________________________________C. Registration Number: _________________________________________________________________________________________________________ D. Actual Principal Address: _____________________________________________________________________________________________________ E. Type of Cooperative: _________________________________________________________________________________________________________ (F. VISION, MISSION & GOAL: ___________________________________________________________________________________________________) (NOT NEEDED IN THE RATING. WILL JUST CLUTTER THE FORM AND ALREADY CAPTURED IN THE SOCIAL AUDIT) G.1 Leadership Standard Points QUESTIONS YES NO MEANS OF VERIFICATION Points Earned a. Functions, Duties and Responsibilities 9 Written duties and responsibilities/oath of office/memorandum/special a.1 Are the functions, duties and responsibilities of officers well- order/appointment paper and Board Resolution or minutes of BOD meeting 1defined, segregated and duly approved?
  2. 2. a.2 Are the officers performing their duties and responsibilities? Copy of Board Res., minutes of the 1 meeting Board Resolution, including the a.3 Is the oversight function performed by the BOD and is supported descriptive definitions and descriptions of each oversight functions 1by written policy? a.4 Are meetings conducted regularly by the board and committees? Bylaws vis-a-vis Minutes of the Meeting 1 of each committees, attendance sheet a.5 Is parliamentary procedures observed by the coop officers during Minutes of the meeting 1meetings? a.6 Are the development/strategic plan, annual plan, and budget Minutes of GA 1prepared/reviewed and endorsed to the GA for approval? a.7 Is the performance evaluation at all levels (peer, self-evaluation, BR and Results of rating of each officers 1and other form of evaluation)) formulated and implemented? (peer and self) Policies formulated vis-a-vis provision of a.8 Are the policies formulated and implemented in accordance with Bylaws, laws, rules and regulations and 1laws, rules and regulations, and bylaws ? other laws a.9 Are the policies regularly reviewed? BOD minutes of meeting/BR 1 b. Qualifications and Disqualifications 2 Bylaws vis-a-vis Succession b.1 Are the policies formulated in accordance with laws, rules & Plan/Manual of Operations 1regulations & bylaws? (Organizational Plan) /Election Guidelines b.2 Are the existing policies, laws, rules and regulations adhered by Minutes of the meeting vis-a-vis policiesofficers? formulated 1c. Composition 1 c.1 Is the composition of officers in accordance with the duly Bylaws vis-a-vis composition of officers,approved bylaws of the coop? Election Guidelines 1 *c.2 Is the composition of officers balanced? (e.g. sectoral, gender, Bylaws vis-a-vis composition of officersage, etc.)
  3. 3. d. Continuing Education and Training 4 d.1 Is the continuing education for officers included in the coop Coop Training Programtraining program? 1 d.2 Are the mandatory trainings required by Rule 7 of IRR Coop Training Programconsidered in the coop training program? 1 Training Program vis-a-vis Training d.3 Is the training program implemented? Design/Attendance Sheet/Terminal 1 Report/Certificates Pre and Post Evaluation Tool/ d.4 Is there an evaluation tool that will assess the effectiveness of Feedback/Re-echo Report/ Re-entry 1the training? (STYLE) Plane. Financial Literacy 3 e.1 Are the financial statements included in the monthly agenda of Meeting Agenda/Minutes of the Meeting 1the BOD? e.2 Is there a regular analysis and interpretation on the FS and Minutes of the BOD Meeting 1standards during BOD meeting? e.3 Are the majority of leaders knowledgeable in the development Development/Strategic Plan and Annualof Strategic Plan and Annual Budget Plan? Plan and Budget 1f. Succession Planning 3 f.1 Is the policy on succession plan at key levels of the organization Succession Plan / Manual of Operations 1formulated? / Development Plans, Training Program vis-a-vis Succession f.2 Is the succession plan embedded in the training program? Plan 1 f.3 Are volunteers or future leaders included in the coop Succession Plan provision on volunteerssuccession plan? 1g. Ethics 2
  4. 4. g.1 Is the ethical-standards for officers provided in the coops Code of Ethics provision for officers 1Code of Ethics? g.2 Is the provision on conflict of interest included in the coops Code of Ethics provision on conflict of 1Code of Ethics? interest Sub-Total 24 G.2 Human Resource and Managementa. Functions, Duties and Responsibilities 3 Written duties and responsibilities/oath of office/memorandum/special a.1 Are the functions, duties and responsibilities of management order/appointment paper and Board 1well-defined, segregated and duly approved and implemented? Res. or minutes of BOD meeting, conduct interview Policy/Memorandum scheduling the a.2 Is the management meetings scheduled and conducted regular meeting vis-a-vis Attendance 1regularly? Sheet/Minutes of the Staff Meeting Attendance Sheet (For big coops, a.3 Are regular meetings consistently attended by all staff? MANCOM is allowed, for small coops, all 1 staff)b. Personnel Policy 2 Manual of Operation (Minimum provision should include: Recruitment, Selection, b.1 Is the policy on personnel manualized? 1 Hiring, Promotion, Disciplinary Action, Termination and Retirement) b.2 Is the policy duly approved by the BOD? Board Resolution 1c. Staff Development and Career Pathing 3 c.1 Is the performance appraisal conducted at least once a year? Performance Appraisal of every staff 1 c.2 Is the performance gap analysis conducted rand acted upon Result of Gap Analysis per performance 1regularly? appraisal made
  5. 5. c.3 Is the institutional capacity building for management staff written Training Program based on gap analysis 1and implemented (training and other interventions)? made/Staff Development Plansd. Compensation and Benefits 3 Payroll vis-vis minimum wage/Certificate d.1 Is the coop compliant to labor law? 1 of Exemption for less than 10 employees d.2 Is there a salary scaling program? Personnel Policy and Board Resolution 1 d.3 Are the recognition, incentives and benefit packages provided to Policy and Vouchers/ Certificates or any 1employees? other similar documentse. Ethics 2 e.1 Are ethical standards for employees included in the Code of Code of Ethics provision for employees 1Ethics? Valid complaint filed against any of the e.2 Are the ethical standards adhered by employees? 1 employees re violation of Code of Ethics Sub-Total 13 G.3 MEMBERSa. Capitalization 5 a.1 Is the provision of capital build-up program in the bylaws CBU Schedule/IC-PR Schedule against 1implemented? Registry of members and the Bylaws a.2 Is the 10% limitation on subscribed share capital holdings Paid-up and Subscription Schedule 1observed by all members? a.3 Are continuous subscription required to all members if the Subscription Schedule vis-a-vis Registry 1authorized capital is not fully paid and 10% limit is not yet reach? of Members Schedule of penalty imposed for unpaid a.4 Are penalties for unpaid subscription imposed to members? 1 subscription or any similar documents
  6. 6. Subscription Schedule vis-a-vis Registry a.5 Are members issued share capital certificates in accordance with of Members, Photocopy of issued cert. 1the policy and or bylaws? duly received by membersb. Governance 4 Attendance Sheet vis-a-vis Registry of b.1 Are majority of members attending the GA? Member or List of Members in Good 1 Standing as declared by the BOD b.2 Are major decisions (including annual plans, budget and Minutes of the General Assembly 1developmental plans) approved by the GA? (TO DIFFER FROM G.1 a.7) b.3 Are members electing officers in accordance with the election Election Guidelines vis-a-vis Minutes of 1guidelines? the GA Meeting b.4 Is the engagement of the services of an external auditor approved Minutes of the GA Meeting 1by the GA?c. Ethics 2 c.1 Are the ethical standards for members provided in the Code of Code of Ethics provision for members 1Ethics? No valid complaint/Valid Complaint acted c.2 Are the ethical standards for members implemented? upon in accordance with the Ethical 1 Standard Sub-Total 11 G.4 Structure a. Organizational Structure 2 Compliance of Organizational Structure a.1 Is the organizational structure in accordance with the provision of to provisions of the laws, rules and 1the laws, rules and regulations and bylaws? regulations and bylaws
  7. 7. Written functions, duties and a.2 Are the functions, duties and responsibilities of the officers clearly responsibilities supporting the 1defined in the organizational chart? organizational chartb. Operational Structure 2 Compliance to Organizational Structure b.1 Is the operational structure in accordance with the provision of the to provisions of the laws, rules and 1laws, rules and regulations and bylaws? regulations and bylaws Written functions, duties and b.2 Are the functions, duties and responsibilities of the officers clearly responsibilities supporting the 1defined in the management chart? management chart Sub-Total 4 G.5 System and Mechanism a. Maintenance of Books of Account 2 Books of account for each business a.1 Is there a separate books of account per business activity? 1 activity Updated entry in the book of accounts (last entry should be at least the day a.2 Are the books of account updated? 1 (medium-Large) or a week (micro-small) before the visit in the coop)b. Manuals 6 Presence of 1) Operation Manual; 2) b.1 Are the documents needed by the coop manualized? 1 point if Code of Governance and Ethical 5covered the required are) Standard; and 3) Personnel, 4) Accounting, 5) HR Receiving Copy/Random Check of copy b.2 Are manuals provided to users? 1 of the Manuals to key usersc. Business Operation 2 c.1 Is the business activity of the coop in-line with the objectives and FS vis-a-vis registered articles of 1purposes stated in the articles of cooperation? cooperation
  8. 8. Any documents that would assail the c..2 Is the business activity of the coop responsive to the needs of responsiveness of the business activity 1members? to the needs of membersd. Compliance to Government Requirements 7 d.1 Is the coop compliant to government requirements? d.1.1 CDA (CGS) CGS 1 d.1.2 BIR (CTE) CTE (at least filed application with BIR) 1 d.1.3 DOLE (Certificate of Exemption, if applicable and/or providing Certificate of Exemption, if applicableminimum wage) and/or providing minimum wage 1 d.1.4 SSS (With Registration and Collection Agent Certificate or Registration and Collection Agentregularly remitting the payment to SSS) Certificate/Proof of regular remittance 1 d.1.5 PHILHEALTH (With Registration and Collection Agent Registration and Collection AgentCertificate or regularly remitting the payment to PHILHEALTH) Certificate/Proof of regular remittance 1 d.1.6 PAG-IBIG (With Registration and Collection Agent Certificate or Registration and Collection Agentregularly remitting the payment to PAG-IBIG) Certificate/Proof of regular remittance 1 d.1.7 LGU (Business Permit) Business Permit 1 d.2 Are other laws and rules and regulations (insurance, franchise, other Depends on the business activity ofsocial laws) not violated?* coop. Please verify compliancee. Statutory Fund 4 Passbook/Investment Certificate/FS (other funds and deposits) or any e.1 Are the following statutory funds funded? instrument declaring deposits as funding the reserves Reserve Fund 1 Education & Training Fund 1 Optional Fund 1 Community Development Fund 1
  9. 9. f. Retirement Fund 1 Passbook/Investment Security or any f.1 Is the required retirement fund funded?* other similar instrument 1 Sub-Total 22 Total Pts. - Organizational 74 Note : 1 to 10 coop. employees - secure Certificate of Exemption on payment of minimum wage from DOLE Above 10 employees - Set-up retirement planG. Social Aspect (Note: every positive response earns one (1) point whilethe negative responsive is zero. Please check on the appropriate box.)QUESTIONS YES NO MEANS OF VERIFICATION Standard Points Point Earned 1. Is there a Social Development Plan? Social Development Plan 1 2. Is it implemented? Vouchers/Reports/Pictures or any similar instrument 1 3. Is there a budgetary allocation for the implementation of Social Financial StatementsDevelopment. Plan? 1 4. Is the Community Development Fund utilized for its purpose? Financial Statement vis-a-vis supporting documents 1 Total -Social 4 H. Information on Economic Aspect H.1 Adequacy of Internal ControlObserved adequate internal control processes to safeguard the assets of the cooperative. (note: every positive response earn two (2) pointswhilenegative answer is zero).
  10. 10. QUESTIONS YES NO MEANS OF VERIFICATION Standard Points Points Earned Accounting Manual or any similar a. Is the accounting system well-defined? 2 documents Presence of Codified Approving b. Are the signing authorities clearly defined and approved? Signing Authority (CASA) 2 Updated surety bond of c. Are the accountable officers of the coop bonded? 2 accountable officers Updated recording in the coop book of accounts. (updated entry should d. Are the recording of transactions updated? be at least a day before the visit in 2 the coop(medium to large) or 1 week before (micro-small) Place in a fire-proof steel cabinet (micro-small), back-up for e. Are the accounting records properly maintained and secured? computerized system/properly filed, 2 house outside the building premises (medium-large) Written duties and responsibilities, oath of office, memorandum, f. Are the duties and responsibilities of officers and employees separated and special order, appointment paper, 2segregated? Board Resolution or minutes of BOD meeting Job Rotation Program or any g. Is the program on job rotation practiced? documents that would assail that it 1 is being practice Requirement of the presence and direct observation of a second person in the performance of important tasks and functions. Both persons shall be equally h. Is joint custody implemented? 1 accountable for the physical protection of the items and records involved (Operation of Vault and Handling of Cash & Vital Documents)
  11. 11. The work of one person is to be verified by a second person to ensure that the transaction is i. Is dual control implemented? 1 properly authorized, recorded and settled (Checks, CTD, Borrowings, Due to and Due from Accounts) Sequential numbering of the following documents: Promissory Notes, SD and passbook, CTDs, j. Is the number control implemented? Signature Cards, OR and 1 Provisional Receipts, Share Certificates, Loan Accounts, Expense and Check vouchers, etc. Written communications to k. Is the confirmation/verification of accounts practiced? 1 members Off-site storage of duplicate vital l. Is the record preservation system established? records or any similar security 1 program/ internal control measures Internal Audit Reports vis-a-vis m. Is the internal audit conducted periodically? 2 Internal Audit Program Board Actions on the Internal Audit n. Is the internal audit observations/ comments acted upon by management Reports (at least next BOD meeting 2immediately? after issuance of reports) Sub-Total 22TOTAL 100
  12. 12. Financial InformationAdministrative Cost: _______________________________________________________________Allowance for Probable Losses on Account Receivables: ____________________________________Allowance for Probable Losses on Investments: ___________________________________________Allowance for Probable Losses on Loans: _______________________________________________Allowance Required for 1 year and above: _______________________________________________Average Total Assets: ______________________________________________________________Deposit Liabilities: ________________________________________________________________Earning Assets: ___________________________________________________________________Earning per Share Beginning: _________________________________________________________Earning per Share End: _____________________________________________________________External Borrowings: _______________________________________________________________Financing Cost: ___________________________________________________________________General Reserve Fund: ______________________________________________________________Gross Operating Revenue: ___________________________________________________________Inventory: ________________________________________________________________________Liquid Assets: ____________________________________________________________________Members Benefit Expense: __________________________________________________________Members Equity: ___________________________________________________________________Net Operating Surplus: ______________________________________________________________Net Surplus: ______________________________________________________________________Non-performing Assets: _____________________________________________________________
  13. 13. Paid-up Share Capital: _____________________________________________________________ Past Due Receivables for 31 days to 1 year: _____________________________________________ Past Due Receivables for more than 1 year: ______________________________________________ Problem Receivables: ______________________________________________________________ Rate of Interest on Share Capital: ______________________________________________________ Rate of Patronage Refund: ___________________________________________________________ Receivables Under Litigation: ________________________________________________________ Receivables: _____________________________________________________________________ Restructured Receivables: ___________________________________________________________ Risk Assets: _____________________________________________________________________ Short Term Payables: ______________________________________________________________ Total Assets (current): _______________________________________________________________ Total Assets (previous): ______________________________________________________________ Total Liabilities: ___________________________________________________________________ Total Volume of Business: ___________________________________________________________ Treasury Share: ____________________________________________________________________ b. Financial Ratio (In the absence of data, zero point) Standard Standard Earned Points Pointsb.1 PROFITABILITY PERFORMANCE b.1.1 Profitability Ratio: 30% and above 5 25% to below 30% 4 Formula : Net Operating Surplus 10% to below 25% 3 Gross Revenue / Gross Margin 5% to below 10% 2 Below 5% 1
  14. 14. In case of break-even or net loss 0b.1.2 Earning per Share Ratio: Php 2.50 and above 5 Php 2.00 to below Php 2.50 4 Formula : Net Surplus Php 1.50 to below Php2.00 3 ------------------------------------------------- Php 1.00 to below Php 1.50 2 Members Equity - Treasury Share Below Php1.00 to Php0.75 1 Zero or negative 0b.1.3 Profitability Growth Rate: 100% and above 5 75% to below 100% 4Formula : Earning per share end - Earning per share beginning 50% to below 75% 3 --------------------------------------------------------------------------------- 30% to below 50% 2 Earning per share beginning 10% to below 30% 1 Less than 10% 0b.1.4 Asset Efficiency Rate: 20% and above 5 15% to below 20% 4 Formula : Net surplus 10% to below 15% 3 Total Assets 5% to below 10% 2 Below 5% 1b.1.5 Rate of Interest on Share Capital: Higher than the inflation rate 5 Amount Allocated for Interest on Share Capital Within the inflation rate 4 2 points below the inflation Average Paid up Share Capital rate 2 3 points or more below the 1 inflation rate Net Loss 0 Sub-Total 25
  15. 15. b.2 INSTITUTIONAL STRENGTH b.2.1 Net Institutional Capital Formula: (Reserves +Allowance for probable losses on loans and or account receivables)- 10% and above 6 (Problem receivables assets+ past due receivables receivable under litigation+ 8% to below 10% 5 restructured receivables) 6% to below 8% 4 --------------------------------------------------------------------------------------------------- 4% to below 6% 3 Total Assets 2% to below 4% 2 Below 2% 1 Zero or negative 0 b.2.2 Adequacy of Provisioning (more than 1 year) Formula : Allowance for probable losses on receivables 100% and above 7 Past due receivables over one (1) year 90% to below 100% 6 70% to below 90% 5 50% to below 70% 4 30% to below 50% 3 10% to Below 30% 2 Below 10% 1 Zero or negative 0 b.2.3 Adequacy of Provisioning (31 days to 1 year) Formula : Allowance for probable losses on receivables - allowance required for 35% and above 7 past due receivables one year and above 30% to below 35% 6--------------------------------------------------------------------------------------------------------- 25% to below 30% 5 Total past due receivables 31 days to 1 year 20% to below 15% 4 15% to below 20% 3 10% to below 15% 2 Below 10% but not zero or negative 1 Sub-Total 20
  16. 16. b.3 STRUCTURE OF ASSETS b.3.1 Percentage of Non-Earning Assets to Total Assets 10% and Below 5 Above 10% to 20% 4 Formula : Non-Earning Assets Above 20% to 30% 3 Total Assets Above 30% t0 40% 2 Above 40% 1 b.3.2 Members Equity to Total Assets 40% to Below 50% 5 50% to Below 60% 3 Formula : Paid-up Share Capital + Deposits for Capital Subscription 30% to below 40% 3 Total Assets 60% to Below 70% 2 20% to below 30% 2 Below 20% or above 70% 1 Less than 20% 0 b.3.3 Deposit Liabilities to Total Assets 30% to 40% 5 Above 40% to 50% 4 Formula : Total Deposit Liabilities 20% to below 40% 4 Total Assets Above 50% to 60% 3 Below 20% to 10% 3 Above 60% to 70% 2 Below 10% to 5% 2 Above 70% 1 Below 5% 1 Zero 0 b.3.4 External Borrowings No external borrowings 5 1% to 20% 4 Formula : Total External Borrowings Above 20% to 30% 3 Total Assets Above 30% to 40% 2
  17. 17. Above 40% 1 b.3.5 Receivables to Total Assets 60% to 70% 5 Formula : Loans and/or Accounts Receivables 55% to below 60% 4 Total Assets 50% to below 55% 3 45% to below 50% 2 40$ to below 45% 1 Sub-Total 25b.4 OPERATIONAL STRENGTH (STAYING POWER) b.4.1 Volume of Business to Total Assets 100% and above 5 75% to below 100% 4 Formula : Total Volume of Business 50% to below 75% 3 Total Assets 25% to below 50% 2Credit: Loans released; Consumer/Producer/Marketing: Sales; Service: Service Income 5%to below 25% 1 Less than 5% 0 b.4.2 Solvency 110% and above 5 100% to below 110% 4 Formula : (Assets + Allowance for probable losses) -[(Total Liabilities - 85% to below 100% 3 Deposit Liabilities)+ (Past due receivables+ restructured receivables 75% to below 85% 2 + receivables under litigation) 50% to below 75% 1 Deposit Liabilities + Share Capital Less than 50% 0 b.4.3 Liquidity 15% and to 30% 5 Below 15% to 10% 4 Formula : Liquid Assets - Short Term Payables Above 30% to 50% 4 Total members deposit Below 10% to 5% 3 Above 50% to 60% 3
  18. 18. Below 5% to 1% 2 Above 60% to 80% 2 Above 80% or below 1% 1 Zero or negative 0 b.4.4 Efficiency 25 cents and below 5 1) Cost per Volume of Business 26 to 32 cents 3 33 to 39 cents 2Formula : Operating cost - (members benefit expense + social service expense) 40 to 46 cents 1 Total Volume of Business 47 cents and above 0 2) Administrative Efficiency 10% and above 5 Above 10% to below 15% 3 Formula : Administrative Cost - (Members benefit expense social service expense) Above 15% to below 20% 2 Average Total Assets Above 20% to below 25% 1 Above 25% 0 4 times and more 5 3 to below 4 3 3) Turn-Over Ratio (Note: Get the average, if both formula is applicable) 2 to below 3 2 Below 2 1 Account Receivable Turn-over : Net Credit Sales Zero or negative 0 Average Accounts Receivables Account Receivable Turn-over : Total Loans Releases 4 times and more 5 Average Loans Receivables 3 to below 4 3 2 to below 3 2 If multi-purpose cooperative add the rating of Accounts Receivable Turn over Below 2 and Loans Receivable Turnover and divide by 2 to get the average. Zero or negative 0 For single type select whatever is applicable to the coop. Sub-Total 30 Total - Financial 100
  19. 19. TO GET THE SCORE GARNERED POINTS MULTIPLIER RATINGNON-FINANCIAL : 100 X 35% = 35% NON-FINANCIAL: 35%FINANCIAL : 100 X 65% = 65% FINANCIAL: 65% ------ TOTAL 100% TOTAL _______________ ADJECTIVAL RATING Medium & Large Small Micro Excellent Performance 91 - 100% 81% - 100% 75% - 100% Very Satisfactory Performance 81 - 90% 71% - 80% 61% - 74% Satisfactory Performance 71 - 80% 61% - 70% 51% - 60% Fair Performance 61 - 70% 51%- 59% 41% - 50% Needs Improvement 60 &below 50% and below 40% and Below PERFORMANCE RATING FORM PARAMETERS STANDARD POINTS MEDIUM AND LARGE I. ORGANIZATIONAL ASPECT 76 a. Leadership 25 a.1 Functions, Duties and Responsibilities 10 a.2 Qualifications and Disqualifications 2 a.3 Composition 1
  20. 20. a.4 Continuing Education and Training 4 a.5 Financial Literacy 3 a.6 Succession Planning 3 a.7 Ethics 2 b. Human Resource and Management 14 a.1 Functions, Duties and Responsibilities 3 a.2 Personnel Policy 2 a.3 Staff Development and Career Pathing 3 a.4 Compensation and Benefits 4 a.5 Ethics 2 c. Members 12 c.1 Capitalization 5 c.2 Governance 5 c.3 Ethics 2 d.Structure 4 c.1 Organizational Structure 2 c.2 Operational Structure 2 d. System and Mechanism 21 d.1 Maintenance of Books Codification of Documents 2 d.2 Manuals 6 d.2 Business Operation vis-à-vis Articles of Cooperation 2 d.3 Compliance to Rules and Regulations 7 d.4 Statutory Fund 4 d.5 Retirement FundII. ECONOMIC ASPECT 10455.46%
  21. 21. a. Adequacy of Internal Control 28b. Financial Performance 76b.1 Profitability Performance 24 b.1.1 Profitability Ratio 4 b.1.2 Earning per Share Ratio 4 b.1.3 Profitability Growth Rate 4 b.1.4 Asset Efficiency Rate 4 b.1.5 Rate of Interest on Share Capital 4 b.1.6 Rate of Patronage Refund 4b.2 Institutional Strength 12 b.2.1 Net Institutional Capital 4 b.2.2 Adequacy of Provisioning (more than 1 year) 4 b.2.3 Adequacy of Provisioning 31 days to 1 year) 4b.3 Structure of Assets 16 b.3.1 Non-Earning Assets to Total Assets 4 b.3.2 Members Equity to Total Asset 4 b.3.3 Deposit Liabilities to Total Assets 4 b.3.4 Borrowings to Total Assets 4b.4 Operational Stamina 24 b.4.1 Volume of Business to Total Assets 4 b.4.2 Solvency 4 b.4.3 Liquidity 4 b.4.4 Cost per Volume of Business 4 b.4.5 Administrative Efficiency 4 b.4.6 Turn-over Ratio 4III. SOCIAL ASPECT 4 TOTAL RAW SCORE 184Note : with asterick are bonus points