The cooperative is sad because the balance from 2020 is lower compared to 2019.

This means that

readily available amount of money needed for the operation of the cooperative decreases in the year
2020.
The more the cooperative lend money to the debtor the more interest income will be received.
The cooperative is happy because the Other Current Assets in the year 2020 is higher compared to
2019. This implies that the cooperative has paid more expenses in advance.

The cooperative is sad because the property plant and equipment depreciate in a big amount in the year
2020 compared to 2019.
The cooperative is happy because it has invest more money in the year 2020 compared to 2019. This
implies that the more investment you make the more income it will return.
The cooperative is sad because the amount of intangible asset in the year 2020 is lower than year 2019.
The company is sad because
The company is sad because non-current assets that must be used for a long -term decreases in the year
2020 compared to 2019. It must increase as time goes on because it will also give income in the future.
The company is sad because the assets needed for the the operation of the business decrease in the year
2020 compared to 2019.

The cooperative is sad because the amount of deposit by the members is low in the year 2020 compared
to 2019. This implies that there would be a lesser money that will be used in the lending business of the
cooperative.
The cooperative is happy because the amount of expenses it must pay decreases in the year 2020
compared to 2019.
The cooperative is happy because it uses the money in enhancing the livelihood of the Cooperative's
members.
The cooperative is sad because the amount on the year 2020 and 2019 is just the same. This means that
the share of capital of the members did not improve and this means that the cooperative did not have
more resources to generate greater income.
The cooperative is sad because the patronage refund did not improve or did not increase as time goes on
it just stayed the same. This implies that the cooperative resources for generating profit did not increase
over time.
The cooperative is sad because if the amount of the due to unions/federations decreases over time this
only implies that the profit of the cooperative decreases also. As stated it must allocate 5% of its net
surplus for the federations/organization it belongs.
The cooperative is sad because it did not increase its loans for using the operations of the cooperative.
This also implies that the cooperative do not have more connections to other lending business.
The cooperative is sad because it does not have more connection to other lending business for
acquisition of loan in order to increase the operation of the business.
The cooperative is sad because its Total Current Liabilities did not increase. The decrease in loan
implies that it doesn’t have more connection to lending businesses and it might lead to lower
profitability.
 Retirement fund payable - The cooperative is sad because the amount in the year 2020 is lower
compared to 2019. This means that it has given lower amount of retirement benefit for their
employees in the year 2020.
 Accounts payable-non trade – The cooperative is happy because it has increases its accounts
payable non-trade for enhancing the livelihood of the Cooperative’s members.
 Loans Payable-non-current – The cooperative is happy because it has greater loans payable in the
year 2020 compared to 2019. This implies that the other lending business trust the cooperative
that’s why they lend money to it. This also implies that the cooperative has more time to use the
borrowed money to generate profit because it has a longer maturity date.
 Total Non-Current Liabilities – The cooperative is sad because the amount of total non-current
liabilities in the year 2020 is less than the year 2019. This implies that other lending business did
not let them borrow money from them in the year 2020 maybe they do not have trust that the
cooperative will be able to pay them in return.
 Total Liabilities – The cooperative is sad because it has lower total liabilities in the year 2020
compared to 2019. This implies that lesser amount is added to the assets of the cooperative in
order to generate greater profits. Another is that maybe the other lending businesses don’t have
trust to lend money to the cooperative.

EQUITY
 Share Capital – The cooperative is sad because this only implies that it did not make more profit
in the year 2020 compared to year 2019.
 Deposit on Share Capital Subscription – The cooperative is sad because the amount decreases in
the year 2020 compared to 2019. This implies that the amount of share capital of the members
that they must pay becomes lower.
Statutory Funds
 Reserved Fund – The cooperative is sad because the amount that must be set aside annually for
the stability of the Cooperative and to meet net losses decreases as time goes on.
 Cooperative Education and Training Fund – The cooperative is sad because there is no increase
or improvement of budget as of the two consecutive years for their own education and training
purposes.
 Community Development Fund – The cooperative is sad because the implication of the negative
difference of year 2020 and 2019 is that there is a decrease in the net surplus of the cooperative.
As stated in the FS that not less 3% of the net surplus should be set aside for projects or activities
that will benefit the community where the cooperative operates.
 Optional Fund – The cooperative is sad because the amount that must be set aside from the net
surplus not exceeding 7% for acquisition of land and/building, machinery and equipment,
replacement fund for PPE, member’s benefit and other necessary funds decreases in the year
2020 compared to year 2019.
 Total Statutory Funds – The cooperative is sad because the accounts under it have a lesser
amount or just equal to the previous year. This also implies that the net surplus of the cooperative
in the year 2020 is lower compared to the net surplus of the previous year 2019.
 Total Equity – The cooperative is sad because total equity decreases in the year 2020 as compared
to year 2019. This implies that the cooperative did not have an improvement in the management
of its resources in the year 2020 in order to generate greater profit.
 Total Liabilities and Equity – The cooperative is sad because as there is a negative difference
between 2020 and 2019. This means that the cooperative do not have a greater amount of loans
payable and equity that must help in generating greater income for the cooperative.