The institution attributes the estimate of two million euros to the "improvement of membership revenues and, consequently, of the results inherent to members", to "estimated financial results of 26.5 million euros", to a reduction in activity costs, "estimated at 28 million euros", and to other operating results related to real estate investments.

The mutualist also indicates that up to September of this year it lost 27,186 members, a decrease in exits of around 16.1% compared to the same period last year.

However, "readmissions and inflows of new members, reaching 19,260, were not sufficient to reverse the decline in the associative base, although in year-on-year terms, the net inflow of members was less negative as of September".

AMMG also points out that "the income inherent to associates, arising from mutual savings (which include fees, membership dues and invested capital) reached, until last September, 497 million euros", with the mutualist expecting this value to reach 658 million euros by the end of the year.

"The estimated assets recorded an increase of 1.8%, rising from 3.777 billion euros in 2018 to 3.843 billion euros" in 2019.

AMMG also points out the probability of an increase in its liquidity ratio from 4.6% in 2018 to 5.3% in 2019, but expects a reduction in the efficiency ratio from 0.8% last year to 0.7% in 2019.

"In the solvency and coverage ratios of provisions by own funds, the levels estimated for the end of this year are significant, of 19.4% and 124.3%, respectively, although slightly below those of 2018, to which the growth of activity contributes".