We have not issued any cash dividends to our shareholders. Our operating deficit has reduced to Rs. 264,741 from 345,489. However, if we don’t include the depreciation of Rs. 182,219, the amount is reduced to Rs. 82,522. We raised a share capital of Rs. 90,000, which helped to balance the expenditure.

We are following a long-term strategy to create a substantial membership base, enabling us to develop and run our well-managed services. This will require significant organisational capacity building, and we may be unable to offer dividends during this phase. However, many of our shareholders have already reaped substantial benefits well over their share investment, which is in the true sense in the spirit of Cooperative principles.

The cooperative’s net worth as a social enterprise is much more than its tangible assets. The steadily increasing beneficiary base, tie-ups, and growing brand familiarity among the public are non-tangible assets that the Cooperative should be able to leverage.

We strive to break even, improve our receipts, and lower expenditures. Over the last few years, we have cut expenses and managed with only one staff member. Our primary source of revenue is beneficiary enrollment. This year, we successfully enrolled in group membership (Dispur College and Pollution Control Board) for the first time, which we must prioritise in the coming year.