Capital Computation Worksheet
Download Free Print-Only PDF OR Purchase Interactive PDF Version of this Form
Capital Computation Worksheet Form. This is a California form and can be use in Blue Sky Secretary Of State.
Loading PDF...
Tags: Capital Computation Worksheet, California Secretary Of State, Blue Sky
State of California
Department of Corporations
CAPITAL COMPUTATION WORKSHEET
Section 260.237.1 CCR
APPLICANT'S NAME:
COMPUTATIONS AS OF:
/
/
SUMMARY:
TANGIBLE NET CAPITAL (TNC)
MINIMUM TNC REQUIRED
EXCESS/ (DEFICIT) IN TNC
EXCESS/ (DEFICIT) IN TNC @ 500%
EXCESS/ (DEFICIT) CURRENT TEST
From (a) below
[Per Section 260.237.1(a) CCR]
[A-B]
From (d) below
From (e) below
TANGIBLE NET CAPITAL (TNC)
[Per Section 260.237.1(c)(1)]
A
B
D
E
NET WORTH (Total Assets - Total Liabilities)
Less: INTANGIBLE ASSETS
Add: SUBORDINATED LOANS (FORM APPROVED BY COMMISSIONER)
TOTAL TNC
(Transfer to A above)
TOTAL AGGREGATE INDEBTEDNESS (AI)
a
[Per Section 260.237.1(c)(2)]
TOTAL LIABILITIES
Less: SUBORDINATED LOANS
c
TOTAL AI
500% TEST
[Per Section 260.237.1(a)]
TNC x 500%
Less: TOTAL AI
EXCESS/ (DEFICIT) IN TNC @500%
(From (a) above x 500%)
(From (c) above)
(Transfer to D Above)
CURRENT TEST
[Per Section 260.237.1(a)]
d
CURRENT NET CAPITAL
(INCLUDING ALL UNPLEDGED, READILY MARKETABLE SECURITIES)
LESS: ADVANCES, LOANS OR OTHER RECEIVABLES FROM ANY
AFFILIATE OR THE OFFICERS, DIRECTORS OR CONTROLLING
PERSONS OF SUCH ENTITIES OR THE INVESTMENT ADVISOR
TOTAL CURRENT NET CAPITAL
1
CURRENT AGGREGATE INDEBTEDNESS
ADD: 20% OF DEFERRED OR UNEARNED INCOME FROM RECEIPTS
OR REVENUES RECEIVED ON SUBSCRIPTIONS FOR FUTURE PERIODS
(Receipts or revenues from subscriptions only)
TOTAL CURRENT AGGREGATE INDEBTEDNESS
EXCESS/ (DEFICIT) IN CURRENT TEST
[1-2]
(Transfer to E above)
2
e
2002 © American LegalNet, Inc.
