Censal Funds - TCF Censal funds are divided according to 3 concepts:
Registered members' nominal deposits (TND)
Voter's nominal deposits (VND), which is subset of the precedent.
Funds of exploitation managed by Management Entities (FEM)
Nominal deposit of a registered member - ND The nominal deposit of a registered member, with or without electoral rights, gathers all the accounts open under his name, in one or several Management Entities. The nominal deposit is information known by the DE, which makes possible to calculate the Insurance Capital and the voting capital, of a registered member.
Economic Coefficient of a registered member - ECM The economic coefficient is used to calculate the Insurance Capital and the Return of Exploitation of a registered member, with or without electoral rights. It is the result of the division of a registered member's nominal deposit by the nominal funds of the registered participants: ECM=ND/TND
Political Coefficient of a registered member with electoral rights - PCM The political coefficient is used to calculate the voting capital of a member voter. It is the result of the division of a registered member's nominal deposit by the nominal funds of voters: PCM = ND/VND.
Exploitation Coefficient – EC The exploitation coefficient is the indicator used to calculate the Return of Exploitation of a registered member, with or without electoral rights. It is the result of the division of the exploitation funds by the censal funds, without distinguishing their origin: CR=FEM/TCF.
Insurance capital - IG The Insurance Capital of a registered member, with or without electoral rights, is the multiplication of his economic coefficient by the censal funds, without distinguishing their origin: IG=ECM X TCF.
Voting capital of a member voter – VC The voting capital of a registered member having an electoral certificate is the multiplication of his political coefficient by the amount of the censal funds, without distinguishing their origin: VC=PCM X TCF.
Return of exploitation RE– When the coefficient of exploitation is higher than the threshold of exploitation, a procedure will be able to authorize the payment of the Return of Exploitation. The Return of Exploitation is the multiplication of the economic coefficient by the exploitation funds: RE=ECM X FEM
Budgetary load – BL The comparison between the budgetary charge and the threshold of procedure determines the recourse to the associative vote in an ordinary procedure. The budgetary charge is the result of the division of the budget (p) by the censal funds, without distinguishing their origin: CP=(p)/TCF.