MIRA
INFORM REPORT
|
Report Date : |
06.06.2007 |
IDENTIFICATION DETAILS
|
Name : |
PABON GUTIERREZ JORGE ARTURO |
|
|
|
|
Registered Office : |
Avenue 17 10 60, |
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
10/03/1972 |
|
|
|
|
Legal Form : |
Limited Company |
|
|
|
|
Line of Business : |
Retail sale of food, beverages and tobacco in specialized stores |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
Identification and
Characteristics
|
Tax Identif. |
29216847 |
|
Trade Identif. |
4802-04 |
|
Business Name |
PABON GUTIERREZ JORGE ARTURO |
|
Business Address |
AVENUE 17 10 60, |
|
Former Business Address |
STREET 15 25 60, |
|
Telephone |
(1)2846875 |
|
Telefax |
(1)2846875 |
|
Email |
japapon@etb.net.co |
|
Constitution Date |
10/03/1972 |
|
Business Start Date |
10/03/1972 |
|
Number of permanent employees |
16 |
|
Employees Evolution |
2007 - 16 2005 - 15 2004 - 15 2003 - 14 |
|
Banks, Clients |
BANK: BANCOLOMBIA S A, BANCO POPULAR S A INSURANCE COMPANY: COMPANIA SURAMERICANA DE SEGUROS S A |
|
Activity Code |
G522900 - Retail sale of food, beverages and tobacco in specialized
stores |
|
Activity |
VENTA DE PRODUCTOS ALIMENTICIOS |
|
Exporter |
NO |
|
Importer |
YES |
|
Establishments |
1 |
|
Status |
TRADING |
Synthesis
|
Financial Situation |
VERY GOOD |
|
Typology |
LARGE SCALE SELF-EMPLOYED BUSINESS |
|
Background |
UPPER TO THE AVERAGE |
|
Incidents |
NON-EXISTENT OR SLIGHTLY SIGNIFICANT |
|
Credit Opinion |
RECOMMENDED UP TO 564.618.000,00 COLOMBIAN PESO |
Establishments
|
Name |
JORGE A PABON G IMPORTACIONES |
||
|
Business Address |
|
||
|
Trade establishments |
Type of Operation: |
ASSETS - DIRECT OPERATIONS |
|
|
|
Situation Date: |
10/03/1972 |
|
|
|
Affected by Legal Orders (Y/N): |
N |
|
Financial Elements
|
(COLOMBIAN PESO, UNIDADES) |
Balance 2006 (12) |
Balance 2005 (12) |
Balance 2004 (12) |
|
Closing Date |
31/12/2006 |
31/12/2005 |
31/12/2004 |
|
Balance Type |
COMPLETE |
COMPLETE |
COMPLETE |
|
Source |
C.C. |
C.C. |
C.C. |
|
Sales |
13.723.550.557,00 |
14.517.322.542,00 |
15.983.781.599,00 |
|
Results |
1.111.493.124,00 |
2.224.028.189,00 |
2.282.248.357,00 |
|
Capital |
24.543.373.501,00 |
23.412.123.786,00 |
21.107.025.129,00 |
|
CP Liabilities |
225.292.073,00 |
185.508.670,00 |
227.011.744,00 |
|
Circulating Assets |
21.149.165.227,00 |
20.008.539.292,00 |
17.767.992.965,00 |
|
Total Assets |
24.783.808.424,00 |
23.610.511.434,00 |
21.345.543.622,00 |
|
|
|||
|
Last Balance: |
31/12/2006 |
||
|
Figures for the last balance from: |
C.C. |
||
External Activity
|
Activity |
Year |
Operation Percentage |
|
Countries |
|
IMPORTS |
2007 |
|
|
|
Negative Information
|
Legal Irregularities |
|
||||
|
Total Number of current Legal Irregularities: 1 |
|
||||
|
Date |
Type |
Status |
|
Currency |
Affected |
|
30/11/2006 |
DEBTS OF OFFICIAL BODIES |
IN FORCE |
|
COLOMBIAN PESO |
210150001 |
Payment
Irregularities
No found
Public Competition
Procedures
No records found
Company Obligations
|
Type of Obligación |
Period |
Situation |
Information Date |
Publication Date |
|
Source |
|
DUTY OF REGISTRATION UPDATE |
2007 |
COMPLIED WITH |
03/04/2007 |
03/04/2007 |
|
C.C. |
|
DUTY OF REGISTRATION UPDATE |
2006 |
COMPLIED WITH |
29/03/2006 |
29/03/2006 |
|
C.C. |
|
DUTY OF REGISTRATION UPDATE |
2005 |
COMPLIED WITH |
22/03/2005 |
22/03/2005 |
|
C.C. |
|
DUTY OF REGISTRATION UPDATE |
2004 |
COMPLIED WITH |
19/03/2004 |
19/03/2004 |
|
C.C. |
Main Administrators
|
Position |
Surnames and first name |
Cell |
Date of appointment |
|
LEGAL REPRESENTATIVE |
PABÓN GUTIERREZ, JORGE ARTURO |
2921684 |
10/03/1972 |
Additional Comments
|
El nombre de referencia no se encuentra incluido en el programa SDNT
de la OFAC (Lista Clinton). |
Balance Sheet
(ASSETS)
|
(COLOMBIAN PESO, UNIDADES) |
2006(12) |
2005(12) |
2004(12) |
|
Source |
C.C. |
C.C. |
C.C. |
|
A - Liquid Assets |
21.149.165.227,00 |
20.008.539.292,00 |
17.767.992.965,00 |
|
Shareholders by Unrequired Payments |
n.a. |
n.a. |
n.a. |
|
Cash |
n.a. |
n.a. |
n.a. |
|
Customers |
n.a. |
n.a. |
n.a. |
|
Accounts collectable from shareholders |
n.a. |
n.a. |
n.a. |
|
Accounts collectable various |
n.a. |
n.a. |
n.a. |
|
Provision for defaulting accounts |
n.a. |
n.a. |
n.a. |
|
Temporary Investments |
n.a. |
n.a. |
n.a. |
|
Deferred |
n.a. |
n.a. |
n.a. |
|
General Stock |
n.a. |
n.a. |
n.a. |
|
Merchandise |
n.a. |
n.a. |
n.a. |
|
Finished products |
n.a. |
n.a. |
n.a. |
|
Products in process |
n.a. |
n.a. |
n.a. |
|
Raw materials |
n.a. |
n.a. |
n.a. |
|
Short-term own shares |
n.a. |
n.a. |
n.a. |
|
Other current assets |
n.a. |
n.a. |
n.a. |
|
B - Fixed Assets |
3.634.643.197,00 |
3.601.972.142,00 |
3.577.550.657,00 |
|
Property, Plant and Equipment |
2.524.919.068,00 |
2.492.247.943,00 |
2.467.826.458,00 |
|
Intangibles |
n.a. |
n.a. |
n.a. |
|
Permanent investments |
n.a. |
n.a. |
n.a. |
|
Long-term debtors |
n.a. |
n.a. |
n.a. |
|
Long-term deferred debt |
n.a. |
n.a. |
n.a. |
|
Own shares |
n.a. |
n.a. |
n.a. |
|
Valuations |
1.109.724.129,00 |
1.109.724.199,00 |
1.109.724.199,00 |
|
Other fixed assets |
0,00 |
0,00 |
0,00 |
|
Total Assets |
24.783.808.424,00 |
23.610.511.434,00 |
21.345.543.622,00 |
Balance Sheet
(Liabilities + Capital)
|
(COLOMBIAN PESO, UNIDADES) |
2006(12) |
2005(12) |
2004(12) |
|
Source |
C.C. |
C.C. |
C.C. |
|
A - Short Term Liabilities |
225.292.073,00 |
185.508.670,00 |
227.011.744,00 |
|
Financial Obligations |
n.a. |
n.a. |
n.a. |
|
Suppliers |
n.a. |
n.a. |
n.a. |
|
Accounts payable |
n.a. |
n.a. |
n.a. |
|
Taxes to be paid |
n.a. |
n.a. |
n.a. |
|
Estimated liabilities and provisions |
n.a. |
n.a. |
n.a. |
|
Labour Obligations |
n.a. |
n.a. |
n.a. |
|
Short-Term Deferred Payments |
n.a. |
n.a. |
n.a. |
|
Bonds and Trade Bills |
n.a. |
n.a. |
n.a. |
|
Other Short-Term Liabilities |
n.a. |
n.a. |
n.a. |
|
B - Long-Term Liabilities |
15.142.850,00 |
12.878.978,00 |
11.506.749,00 |
|
Financial Obligations |
n.a. |
n.a. |
n.a. |
|
Accounts Payable in the Long Term |
n.a. |
n.a. |
n.a. |
|
Estimated liabilities and provisions |
n.a. |
n.a. |
n.a. |
|
Long-Term Deferred Payments |
n.a. |
n.a. |
n.a. |
|
Bonds and Trade Bills |
n.a. |
n.a. |
n.a. |
|
Other Long-Term Liabilities |
n.a. |
n.a. |
n.a. |
|
Total Liabilities |
240.434.923,00 |
198.387.648,00 |
238.518.493,00 |
|
C - Net Capital |
24.543.373.501,00 |
23.412.123.786,00 |
21.107.025.129,00 |
|
Capital |
0,00 |
0,00 |
0,00 |
|
Issue Premium |
n.a. |
n.a. |
n.a. |
|
Capital Surplus |
n.a. |
n.a. |
n.a. |
|
Capital Appreciation |
n.a. |
n.a. |
n.a. |
|
Reserves |
n.a. |
n.a. |
n.a. |
|
Statutory Reserves |
n.a. |
n.a. |
n.a. |
|
Legal Reserves |
n.a. |
n.a. |
n.a. |
|
Other Reserves |
n.a. |
n.a. |
n.a. |
|
Share dividends |
n.a. |
n.a. |
n.a. |
|
Yearly result (profit and loss) |
1.111.493.124,00 |
2.224.028.189,00 |
2.282.248.357,00 |
|
Result from previous years |
23.431.880.377,00 |
21.188.095.597,00 |
18.824.776.772,00 |
|
Result after inflation |
n.a. |
n.a. |
n.a. |
|
Appreciation surplus |
n.a. |
n.a. |
n.a. |
|
Total Liabilities + Capital |
24.783.808.424,00 |
23.610.511.434,00 |
21.345.543.622,00 |
Profit and Loss
Account
|
(COLOMBIAN PESO, UNIDADES) |
2006(12) |
2005(12) |
2004(12) |
|
Source |
C.C. |
C.C. |
C.C. |
|
Total Operating Revenue |
13.723.550.557,00 |
14.517.322.542,00 |
15.983.781.599,00 |
|
Operating Revenue |
n.a. |
n.a. |
n.a. |
|
Sales |
13.723.550.557,00 |
14.517.322.542,00 |
15.983.781.599,00 |
|
Other Operating Revenue |
n.a. |
n.a. |
n.a. |
|
Total Operating Costs |
n.a. |
n.a. |
n.a. |
|
Purchases |
620.977.992,00 |
630.186.461,00 |
606.285.903,00 |
|
Personnel Expenditure |
n.a. |
n.a. |
n.a. |
|
Costs of Third-Party Services |
n.a. |
n.a. |
n.a. |
|
Stock Appreciation |
n.a. |
n.a. |
n.a. |
|
Provisions for Depreciation |
n.a. |
n.a. |
n.a. |
|
Traffic provision variation |
n.a. |
n.a. |
n.a. |
|
Other Operating Costs |
n.a. |
n.a. |
n.a. |
|
Operating Result |
2.210.336.345,00 |
2.694.091.243,00 |
2.647.030.316,00 |
|
Total Financial Revenue |
n.a. |
n.a. |
n.a. |
|
From Companies in the Group |
n.a. |
n.a. |
n.a. |
|
From associated companies |
n.a. |
n.a. |
n.a. |
|
Other financial revenue |
n.a. |
n.a. |
n.a. |
|
Profits from Financial Investment |
n.a. |
n.a. |
n.a. |
|
Positive Exchange Differences |
n.a. |
n.a. |
n.a. |
|
Total Financial Costs |
n.a. |
n.a. |
n.a. |
|
From debts to companies in the Group |
n.a. |
n.a. |
n.a. |
|
From debts to affiliate companies |
n.a. |
n.a. |
n.a. |
|
From other debts |
n.a. |
n.a. |
n.a. |
|
Financial Investment Losses |
n.a. |
n.a. |
n.a. |
|
Investment Provision Variation |
n.a. |
n.a. |
n.a. |
|
Exchange Differences |
n.a. |
n.a. |
n.a. |
|
Financial Results |
n.a. |
n.a. |
n.a. |
|
Total Extraordinary Revenue |
n.a. |
n.a. |
n.a. |
|
Profits from alienation of fixed assets |
n.a. |
n.a. |
n.a. |
|
Profit and Loss Account (Continuación) |
|
(COLOMBIAN PESO, UNIDADES) |
2006(12) |
2005(12) |
2004(12) |
|
Source |
C.C. |
C.C. |
C.C. |
|
Share operation profits |
n.a. |
n.a. |
n.a. |
|
Transferred Capital Subsidies |
n.a. |
n.a. |
n.a. |
|
Other extraordinary revenue |
n.a. |
n.a. |
n.a. |
|
Profit and Revenue carried over |
n.a. |
n.a. |
n.a. |
|
Total Extraordinary Costs |
n.a. |
n.a. |
n.a. |
|
Fixed Asset Provision Variation |
n.a. |
n.a. |
n.a. |
|
Losses from Fixed Assets |
n.a. |
n.a. |
n.a. |
|
Losses due to share operations |
n.a. |
n.a. |
n.a. |
|
Extraordinary Costs |
n.a. |
n.a. |
n.a. |
|
Costs and Losses Carried Over |
n.a. |
n.a. |
n.a. |
|
Extraordinary Results |
n.a. |
n.a. |
n.a. |
|
Total Revenue |
n.a. |
n.a. |
n.a. |
|
Total Costs |
n.a. |
n.a. |
n.a. |
|
Result before taxes |
n.a. |
n.a. |
n.a. |
|
Taxes |
n.a. |
n.a. |
n.a. |
|
Adjustment for inflation |
n.a. |
n.a. |
n.a. |
|
Result for the Year |
1.111.493.124,00 |
2.224.028.189,00 |
2.282.248.357,00 |
Main Ratios
|
|
2006 |
2005 |
2004 |
|
EVOLUTION |
|
|
|
|
Turnover Evolution |
-5,47 % |
-9,17 % |
|
|
Net Results Evolution |
-50,02 % |
-2,55 % |
|
|
PROFITABILITY |
|
|
|
|
Profitability |
8,10 % |
15,32 % |
14,28 % |
|
Operational Profitability |
16,11 % |
18,56 % |
16,56 % |
|
Net worth Profitability |
4,53 % |
9,50 % |
10,81 % |
|
Total Assets Profitability |
4,48 % |
9,42 % |
10,69 % |
|
Financial Assets Coverage |
|
|
|
|
INDEBTEDNESS |
|
|
|
|
Debt Ratio |
0,97 % |
0,84 % |
1,12 % |
|
Short Term Debts |
93,70 % |
93,51 % |
95,18 % |
|
Indebtedness without revaluation |
|
|
|
|
Financial Leverage |
0,00 % |
0,00 % |
0,00 % |
|
Financial Assets |
0,00 % |
0,00 % |
0,00 % |
|
CASH |
|
|
|
|
Working Capital |
20.923.873.154,00 |
19.823.030.622,00 |
17.540.981.221,00 |
|
Current ratio |
93,87 |
107,86 |
78,27 |
|
Acid Test |
93,87 |
107,86 |
78,27 |
|
Immediate Availability |
|
|
|
|
EFICIENCY |
|
|
|
|
Portfolio Recovery Days |
|
|
|
|
Creditors Days |
|
|
|
|
Stock Rotation Days |
|
|
|
|
Operational Cicle Days |
|
|
|
|
Fixed Assets Turnover |
0,55 |
0,61 |
0,75 |
financial
observations
The company’s turnover decrease 5,47% with respect to the previous period. The profitability margin is 8,10%. The operational margin is positive.
The liquidity indicators show an adequate covering of its current assets over its short term obligations.
The company operates with a debt ratio of 0,97%. Its patrimonial structure can be considered stable.
Macroeconomic
Information
|
|
Value |
Date |
|
Exchange Ratio |
1.882,06 |
05/06/2007 |
|
Up to 12 months Devaluation |
8,68 |
31/05/2006 |
|
GDP |
5,13 |
25/04/2006 |
|
Up to 12 months Inflation |
4,12 |
31/05/2006 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)