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Practical Manual of Companies 2022.

Eligible income

a) Cooperative results

In box [C1] the income that has the nature of cooperatives will be entered, and that are the statements in article 17 of Law 20/1990:

  • Those coming from the exercise of the cooperative activity carried out with the members themselves.

  • The periodic fees paid by the partners.

  • The current subsidies.

  • The allocations to the financial year of the capital subsidies in the manner provided for in the applicable accounting standards.

  • The interests and returns from the participation of the cooperative, as a member or associate, in other cooperatives.

  • The financial income from the management of the ordinary treasury, necessary for carrying out the cooperative activity.

b) Extra-cooperative results

In box [E1] those income that have the character of extra-cooperative income will be entered, as provided in article 21 of Law 20/1990 :

  • Those coming from the exercise of the cooperative activity when it was carried out with non-members.

  • Those obtained from investments or financial participations in non-cooperative companies.

  • Those obtained from economic activities or sources outside the specific purposes of the cooperative.

The extra-cooperative results will include those coming from the Credit Sections of the cooperatives, with the exception of those resulting from active operations carried out with members, those obtained through cooperatives of credit and those from investments in public funds and securities issued by public companies, which will therefore be considered cooperative results.

Finally, indicate that article 13.10 of Law 20/1990 establishes that one of the conditions for to lose the status of a fiscally protected cooperative is that the volume of operations with non-member third parties exceeds 50 percent of the cooperative's total operations.


A first-degree cooperative dedicated to wine production acquires grapes from another non-member cooperative:

  • Extra-cooperative results, where appropriate, are derived from these operations.

  • If these operations exceed a volume greater than 50 percent of the total, the status of fiscally protected cooperative will be lost.