Skip to main content
Practical Manual of Companies 2020.

Specific expenses

a) Cooperative results

In box [C2] the specific expenses necessary to obtain this type of income included in article 18 of Law 20/1990 , among which the following should be highlighted:

  • The amount of the deliveries of goods, services or supplies made by the partners, the work benefits of the partners and the income from assets whose enjoyment has been transferred by the members to the cooperative, estimated by their market value in accordance with the provisions of article 15 of Law 20/ 1990, although they appear in accounting for a lower value.

    As an exception to the calculation by its normal market value, article 15.3 of Law 20/1990 establishes that in the case of consumer and user cooperatives, housing, agricultural or those that, In accordance with its statutes, perform services or supplies to its partners, they will be computed at the price for which they would have actually been performed, provided that it is not lower than the cost of such operations including the corresponding part of the entity's general expenses. Otherwise, the latter will be applied.

  • The interest accrued by the partners and associates for their mandatory or voluntary contributions to the share capital.

b) Extra-cooperative results

In box [E2] the specific expenses necessary to obtain this type of income and attributable to this type of results will appear.