MIRA
INFORM REPORT
|
Report Date : |
07.10.2008 |
IDENTIFICATION
DETAILS
|
Name : |
MILA SP. Z O.O. |
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Registered Office : |
Przejazdowa 6j 42-280 Częstochowa |
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Country : |
Poland |
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Financials (as on) : |
31.12.2007 |
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Date of Incorporation : |
27.03.1990 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Agents involved in the Sale of Textiles, Clothing, Footwear and
Leather Good |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
ADDRESS DATA
MILA SP. Z O.O.
PRZEJAZDOWA 6J
42-280 CZĘSTOCHOWA
Tel. 034/3607340,3607345
Fax. 034/3607348
http:// www.mila.com.pl
E-mail: info@mila.com.pl
BASIC DATA
REGONCODE 630233914
VAT: 777-10-02-012
Nationwide Court Register KRS 0000116699
Legal form: LIMITED LIABILITY COMPANY
Status: ACTIVE
Start of activity: 1990/03/27
Registering agency COURT OF COMMERCE CZESTOCHOWA
Type : NATIONAL COURT
REGISTER
Date of registration: 2002/06/11
NACE code 51.16
Agents involved in the sale of textiles, clothing, footwear and leather
good
NACE code 51.41
Wholesale of textiles
Import
China
Export
Russia
Export
Byelorussia
Export
Ukraine
Export
Export
Czech Republic
Export
Hungary
Export
Germany
ORGANIZATIONAL-LEGAL DATA
Register capital:
Value : 50000.00
PLN
Number of shares: 10
SHAREHOLDER
Surname :
BOROWIAK
Names : TOMASZ
JERZY
PESEL :
61070906410
Citizenship : Poland
Addr.:
Country code : Poland
Zip code : 62-060
City :
STĘSZEW
Street :
KOSICKIEGO 3
Value : 25000.00
PLN
Quant: 5
SHAREHOLDER:
Surname :
KLARZAK
Names :
ZBIGNIEW
PESEL :
61022206575
Citizenship : Poland
Addr.:
Country code : Poland
Value : 25000.00 PLN
Quant: 5
MANAG.:
VICE-PRESIDENT OF THE BOARD
Representation : SOLE SIGNATURE
Surname : BOROWIAK
Names : TOMASZ JERZY
PESEL : 61070906410
Citizenship : Poland
Addr.:
Country code : Poland
Zip code : 62-060
City : STĘSZEW
Street : KOSICKIEGO 3
Others Directorships: Member of the Board: MILA PLUS SP. Z O.O.
: V-ce
President: PISA SP.Z O.O.
:
Shareholder/President: FOLIAREX SP.Z O.O.STĘSZEW
: Partner:
FOLIAREX S.J.
: Member of
the Board/Shareholder: FOLIRAEX SP.Z O.O. SŁUBICE
:
Shareholder: TTB SPÓŁKA Z O.O.
: Supervisory
Board: WIGOLEN S.A.
MANAG.:
PRESIDENT OF THE BOARD
Representation : SOLE
SIGNATURE
Surname :
KLARZAK
Names :
ZBIGNIEW
PESEL :
61022206575
Citizenship : Poland
Addr.:
Country code : Poland
Others Directorships: Member of the Board: MILA PLUS SP. Z O.O.
: V-ce
President: PISA SP.Z O.O.
SHARES IN OTHER COMPANIES
MILA PLUS SP. Z O.O.
Identifier CEN0206023CK
OS. PRZEMYSŁOWE 20
69-100 SŁUBICE
Tel. 095/7501212
Fax. 095/7588261
Value : 1404000.00 PLN
Quant: 2808
PISA SPÓŁKA Z O.O.
Identifier CEN0220141CK
PRZEJAZDOWA 6J
42-280 CZĘSTOCHOWA
Tel. 034/3215941
Value : 200000.00 PLN
Quant: 100
EMPLOYMENT
Total (MIN MAX) Productive(MIN
MAX) Unprod.(MIN MAX) DATE FROM DATE TO
40-40 - -
2006/01/01- 2006/12/31
37-37 - - 2004/01/01- 2004/12/31
REAL ESTATE
Real estate: GN GROUNDS
OWN: Area from to Value Cur Number of mortgage
reg.
- 750578.69 PLN
Real estate: BD BUILDINGS AND
CONSTRUCTIONS
OWN: Area from to Value Cur Number of mortgage reg.
- 3708702.14 PLN
31.12.2007
SALES: (PLN)
2007/01/01 - 2007/12/31
46687475.09
2006/01/01 - 2006/12/31
49640620.82
2005/01/01 - 2005/12/31 51015750.04
2004/01/01 - 2004/12/31
48237048.29
FINANCIAL DATA: (PLN)
Balance
sheet as on 2006/12/31 2007/12/31
ASSETS
A. Total non-current assets:
5666418.35 10119348.75
I.Intangible assets: 19871.92 5844.67
1.Costs of development activities: 0.00 0.00
2.Goodwill: 0.00 0.00
3.Other intangible fixed assets: 19871.92 5844.67
4.Prepayments for intangible
assets:
0.00 0.00
II.Fixed assets: 3579091.03 8161994.60
1.tangible fixed assets:
3242923.47 8162376.60
a)land:
373996.39 750578.69
b)buildings: 1356506.66 3708702.14
c)machinery and equipment:
826908.46 3288032.22
d)vehicles: 623837.58 343597.10
e)other tangible fixed assets:
61674.38 71466.45
2.Investments in progress:
336167.56 -382.00
3.Investments in progress paid on
accounts: 0.00 0.00
III.Long-term receivables:
0.00 0.00
1.From related companies:
0.00 0.00
2.From other companies:
0.00 0.00
IV.Long-term investments:
2056196.40 1935759.48
1.Real-estate property: 0.00 0.00
2.Intangible assets:
0.00 0.00
3.Long-term financial assets:
2056196.40 1935759.48
a)in related companies: 2056196.40 1935759.48
- shares: 1523116.20 1523116.20
- other commercial papers:
0.00 0.00
- provided loans:
533080.20 412643.28
- other long-term financial
assets:
0.00 0.00
b)in other companies: 0.00 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans: 0.00 0.00
- other long-term financial
assets:
0.00 0.00
4.Other long-term investments: 0.00 0.00
V.Long-term interperiod settlements: 11259.00 15750.00
1.Assets from deffered income tax: 11259.00 15750.00
2.Others: 0.00 0.00
B. Current assets: 17834885.81 15871355.04
I.Inventory
4890825.56 6277362.85
1.Materials: 9788.67 8642.32
2.Semi-products and work in
progress:
657865.21 931808.08
3.Finished goods: 61278.36 78169.18
4.Products: 4160253.97 5255379.14
5.Advance payment for delivery:
1639.35 3364.13
II.Accounts receivable: 9078475.20 8167389.60
1.From related companies:
33376.39 32561.43
a)trade receivables: 33376.39 32561.43
- within 12 months:
33376.39 32561.43
- more than 12 months:
0.00 0.00
b)others: 0.00 0.00
2.From other companies:
9045098.81 8134828.17
a)trade receivables:
8653193.44 7641882.03
- within 12 months:
8653193.44 7641882.03
- more than 12 months:
0.00 0.00
b)tax and social receivables:
76632.41 158136.12
c)other receivables:
70490.97 34323.68
d)accounts receiv. result. from
disputable claims:
244781.99 300486.34
III.Short-term investments:
3814604.46 1379937.07
1.Short-term financial assets: 3814604.46
1379937.07
a)in related companies:
0.00 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial
assets: 0.00 0.00
b)in other companies:
2160152.55 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial
assets:
2160152.55 0.00
c)cash and other cash assets:
1654451.91 1379937.07
- cash in hand and at bank:
1654451.91 1379937.07
- other cash means: 0.00 0.00
- other cash assets:
0.00 0.00
2.Other short-term investments:
0.00 0.00
IV.Short-term interperiod settlements: 50980.59 46665.52
Total assets
(A+B): 23501304.16 25990703.79
LIABILITIES
A. Net worth:
7100343.30 7308790.89
I.Issued capital:
50000.00 50000.00
II.Outstanding but unpaid contribution for
share: 0.00 0.00
III.Entity's own capital (negative): 0.00 0.00
IV.Reserve capital: 327969.49 6059479.30
V.Revaluation reserve:
0.00 0.00
VI.Other reserve capitals:
0.00 0.00
VII.Profit/loss brutto forward:
5797300.03 0.00
VIII.Net financial result for the year: 925073.78 1199311.59
IX.Write-offs from net profit: |
0.00 0.00
B.Liabilities & reserves:
16400960.86 18681912.90
I.Reserve for liabilities: 14563.00 18877.00
1.Reserves for deffered income tax: 14563.00 18877.00
2.Reserves for retirement and
similar:
0.00 0.00
- long-term:
0.00 0.00
- short-term:
0.00 0.00
3.Other reserves: 0.00 0.00
- long-term:
0.00 0.00
- short-term:
0.00 0.00
II.Long-term liabilities:
685031.43 2704695.40
1.To related companies:
0.00 0.00
2.To other companies: 685031.43 2704695.40
a)credits and loans:
2966.63 2115000.00
b)commercial papers:
0.00 0.00
c)other financial liabilities:
0.00 0.00
d)other long-term liabilities:
682064.80 589695.40
III.Short-term liabilities:
15701366.43 15958340.50
1.To related companies:
1185719.91 966977.29
a)trade payable:
1185719.91 966977.29
- within 12 months: 1185719.91 966977.29
- more than 12 months:
0.00 0.00
b)other:
0.00 0.00
2.To other companies:
14515646.52 14991363.21
a)bank loans: 2658369.65 3462690.87
b)commercial papers: 0.00 0.00
c)other financial liabilities:
0.00 0.00
d)trade payables:
11479103.64 11154673.14
- within 12 months:
11479103.64 11154673.14
- more than 12 months:
0.00 0.00
e)supplies paid on account:
55017.00 0.00
f)notes payable:
0.00 0.00
g)tax & social securities:
258577.03 278611.95
h)payroll payable: 15056.74 28373.44
i)other short-term liabilities: 49522.46 67013.81
3.Special funds:
0.00 0.00
IV.Accrued liabilities:
0.00 0.00
1.Negative goodwill:
0.00 0.00
2.Other: 0.00 0.00
- long-term: 0.00 0.00
- short-term:
0.00 0.00
Total liabilties (A+B):
23501304.16 25990703.79
Balance sheet as on 2004/12/31 2005/12/31
ASSETS
A. Total non-current assets:
4343755.43 5702498.43
I.Intangible assets:
531.00 0.00
1.Costs of development activities: 0.00 0.00
2.Goodwill: 0.00 0.00
3.Other intangible fixed assets: 531.00 0.00
4.Prepayments for intangible
assets:
0.00 0.00
II.Fixed assets: 2814648.91 3519111.13
1.tangible fixed assets:
2446199.20 3383031.44
a)land: 224087.78 430138.04
b)buildings: 491401.48 1087075.69
c)machinery and equipment:
1015007.61 1148050.44
d)vehicles: 669645.84 636147.81
e)other tangible fixed assets:
46056.49 81619.46
2.Investments in progress: 368449.71 136079.69
3.Investments in progress paid on
accounts:
0.00 0.00
III.Long-term receivables:
0.00 0.00
1.From related companies:
0.00 0.00
2.From other companies:
0.00 0.00
IV.Long-term investments:
1523116.20 2174994.07
1.Real-estate property:
0.00 0.00
2.Intangible assets:
0.00 0.00
3.Long-term financial assets: 1523116.20 2174994.07
a)in related companies:
1523116.20 2174994.07
- shares: 1523116.20 1523116.20
- other commercial papers: 0.00 0.00
- provided loans:
0.00 651877.87
- other long-term financial
assets: 0.00 0.00
b)in other companies:
0.00 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other long-term financial
assets:
0.00 0.00
4.Other long-term investments:
0.00 0.00
V.Long-term interperiod settlements: 5459.32 8393.23
1.Assets from deffered income tax: 5459.32 8393.23
2.Others:
0.00 0.00
B. Current assets: 15447041.77 16715401.37
I.Inventory
5420853.40 5705646.01
1.Materials: 4576.85 24964.49
2.Semi-products and work in
progress: 1688792.90 1416624.96
3.Finished goods:
361249.27 50080.54
4.Products: 3366234.38 4213976.02
5.Advance payment for delivery:
0.00 0.00
II.Accounts receivable:
6419907.11 8588669.51
1.From related companies: 2947.52 127837.26
a)trade receivables:
2947.52 127837.26
- within 12 months:
2947.52 127837.26
- more than 12 months:
0.00 0.00
b)others: 0.00 0.00
2.From other companies:
6416959.59 8460832.25
a)trade receivables:
6310027.46 8341529.17
- within 12 months:
6310027.46 8341529.17
- more than 12 months: 0.00 0.00
b)tax and social receivables:
0.00 0.00
c)other receivables: 0.00 8416.99
d)accounts receiv. result. from
disputable claims:
106932.13 110886.09
III.Short-term investments: 3479634.93 2330567.73
1.Short-term financial assets:
3479634.93 2330567.73
a)in related companies:
799843.18 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
799843.18 0.00
- other short-term financial
assets:
0.00 0.00
b)in other companies:
0.00 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial
assets:
0.00 0.00
c)cash and other cash assets:
2679791.75 2330567.73
- cash in hand and at bank: 2679791.75 2330567.73
- other cash means:
0.00 0.00
- other cash assets:
0.00 0.00
2.Other short-term investments:
0.00 0.00
IV.Short-term interperiod settlements: 126646.33 90518.12
Total assets
(A+B): 19790797.20 22417899.80
LIABILITIES
A. Net worth:
5541146.04 6901045.96
I.Issued capital: 50000.00 50000.00
II.Outstanding but unpaid contribution for
share: 0.00 0.00
III.Entity's own capital (negative): 0.00 0.00
IV.Reserve capital:
327969.49 327969.49
V.Revaluation reserve:
0.00 0.00
VI.Other reserve capitals: 0.00 0.00
VII.Profit/loss brutto forward:
3252470.26 5163176.55
VIII.Net financial result for the year: 1910706.29 1359899.92
IX.Write-offs from net profit: |
0.00 0.00
B.Liabilities & reserves: 14249651.16 15516853.84
I.Reserve for liabilities:
47221.26 14339.38
1.Reserves for deffered income tax: 47221.26 14339.38
2.Reserves for retirement and
similar:
0.00 0.00
- long-term:
0.00 0.00
- short-term: 0.00 0.00
3.Other reserves:
0.00 0.00
- long-term:
0.00 0.00
- short-term: 0.00 0.00
II.Long-term liabilities:
955358.73 892760.88
1.To related companies:
0.00 0.00
2.To other companies:
955358.73 892760.88
a)credits and loans:
330466.74 125100.00
b)commercial papers: 0.00 0.00
c)other financial liabilities:
0.00 0.00
d)other long-term liabilities:
624891.99 767660.88
III.Short-term liabilities:
13222915.39 14592317.85
1.To related companies:
816366.54 712440.59
a)trade payable: 816366.54 712440.59
- within 12 months:
816366.54 712440.59
- more than 12 months:
0.00 0.00
b)other: 0.00 0.00
2.To other companies:
12406548.85 13879877.26
a)bank loans: 1202920.54 2220766.73
b)commercial papers:
0.00 0.00
c)other financial liabilities:
0.00 0.00
d)trade payables: 11019064.96 11191804.68
- within 12 months:
11019064.96 11191804.68
- more than 12 months:
0.00 0.00
e)supplies paid on account:
0.00 49847.46
f)notes payable:
0.00 0.00
g)tax & social securities: 184563.35 405293.46
h)payroll payable:
0.00 0.00
i)other short-term liabilities: 0.00 12164.93
3.Special funds:
0.00 0.00
IV.Accrued liabilities:
24155.78 17435.73
1.Negative goodwill: 0.00 0.00
2.Other:
24155.78 17435.73
- long-term: 24155.78 17435.73
- short-term: 0.00 0.00
Total liabilties (A+B):
19790797.20 22417899.80
Balance sheet as on 2002/12/31 2003/12/31
ASSETS
A. Total non-current assets:
2368000.00 3108000.00
I.Intangible assets:
4000.00 1000.00
II.Fixed assets: 814000.00 1563000.00
B. Current assets: 12408000.00 13825000.00
I.Inventory
3397000.00 4855000.00
II.Accounts receivable:
7485000.00 7074000.00
IV.Short-term interperiod settlements: 72000.00 115000.00
Total assets
(A+B): 14776000.00
16933000.00
LIABILITIES
A. Net worth:
2564000.00 3630000.00
I.Issued capital:
1000.00 50000.00
IV.Reserve capital:
386000.00 328000.00
VII.Profit/loss brutto forward: 1071000.00 2165000.00
VIII.Net financial result for the year: 1106000.00 1088000.00
B.Liabilities & reserves:
12212000.00 13302000.00
I.Reserve for liabilities: 135000.00 24000.00
II.Long-term liabilities:
50000.00 528000.00
III.Short-term liabilities:
12016000.00 12750000.00
IV.Accrued liabilities:
11000.00 0.00
Total liabilties (A+B):
14776000.00 16933000.00
Balance sheet as on
2001/12/31
ASSETS
A. Total non-current assets:
1399000.00
I.Intangible assets:
3000.00
II.Fixed assets:
296000.00
B. Current assets:
8143000.00
I.Inventory 2466000.00
II.Accounts receivable:
4476000.00
IV.Short-term interperiod settlements:
37000.00
Total assets
(A+B): 9542000.00
LIABILITIES
A. Net worth:
1458000.00
I.Issued capital:
1000.00
IV.Reserve capital:
386000.00
VII.Profit/loss brutto forward: 628000.00
VIII.Net financial result for the year:
443000.00
B.Liabilities & reserves:
8084000.00
I.Reserve for liabilities:
0.00
II.Long-term liabilities:
83000.00
III.Short-term liabilities: 7528000.00
IV.Accrued liabilities:
473000.00
Total liabilties (A+B):
9542000.00
Profit and loss account
(comp) 2006/12/31 2007/12/31
2006/01/01 2007/01/01
A. Net sales of goods and products: 49050575.33 46095896.97
- including to related companies 0.00 0.00
I.Net sales of products:
325704.40 366179.65
II.Change of products :
0.00 0.00
III.Costs of production:
0.00 0.00
IV.Net sale of goods and materials: 48724870.93 45729717.32
B. Operation expenses: 47988097.21 44428055.67
I. Depreciation: 609727.49 662133.03
II. Costs of materials and energy: 1200521.75 1260945.04
III. Outside services:
2944395.37 3034328.80
IV.Taxes :
364452.77 368790.44
- including excise taxes:
0.00 0.00
V. Salaries: 1566423.15 1611741.27
VI. Social taxes & related:
293187.55 312899.05
VII. Other: 744384.79 614053.41
VIII. Goods and materials sold:
40265004.34 36563164.63
C. Profit (loss) on sale (A-B):
1062478.12 1667841.30
D. Other operation incomes:
452704.21 477880.38
I.Profit from sale of tangible assets: 15749.11 5419.21
II.Grants & subsidies:
0.00 0.00
III.Other:
436955.10 472461.17
E. Other operating costs:
279141.25 532715.24
I.Loss from sale of tangible assets: 0.00 0.00
II.Revaluation of non-financial assets: 0.00 352557.42
III.Other:
279141.25 180157.82
F. Profit from operating activity
(C+D-E):
1236041.08 1613006.44
G. Financial income:
137341.28 113697.74
I. Dividends: 0.00 0.00
- from subisdiaries and affiliates: 0.00 0.00
II.Interest receivable:
4589.62 49553.57
- from subisdiaries and affiliates: 0.00 0.00
III.Profits from investment
transfeered:
0.00 0.00
IV.Revaluation of investments:
0.00 0.00
V.Other:
132751.66 64144.17
H. Financial costs: 135876.95 214238.89
I.Interest payable including: 134073.41 214123.26
- to related companies:
0.00 0.00
II.Loss from invetsments transffered: 0.00 0.00
III.Revaluation of investments:
0.00 0.00
IV.Other:
1803.54 115.63
I. Profit (loss) from economic activity
(F+G-H):
1237505.41 1512465.29
J. Extraordinary items (J.I-J.II):
-9683.78 74519.30
I.Extraordinary incomes:
23759.89 74519.30
II.Extraordinary losses: 33443.67 0.00
K. Gross profit for the year (I+/-J): 1227821.63 1586984.59
L. Corporate income tax:
305390.00 387850.00
M. Other obligatory charges: -2642.15 -177.00
N. Net profit for the year (K-L-M): 925073.78 1199311.59
Profit and loss account
(comp)
2004/12/31 2005/12/31
2004/01/01 2005/01/01
A. Net sales of goods and products: 47390371.94 50553692.01
- including to related companies 0.00 0.00
I.Net sales of products: 478191.26 291149.78
II.Change of products :
0.00 0.00
III.Costs of production:
0.00 0.00
IV.Net sale of goods and materials: 46912180.68 50262542.23
B. Operation expenses:
45701912.28 48904671.28
I. Depreciation: 345259.35 637789.13
II. Costs of materials and energy: 960346.64 1078851.58
III. Outside services:
2714420.54 2910089.91
IV.Taxes : 207615.48 312215.64
- including excise taxes:
0.00 0.00
V. Salaries: 1317758.77 1405580.40
VI. Social taxes & related:
261587.19 254899.31
VII. Other:
887140.59 1780541.66
VIII. Goods and materials sold: 39007783.72 40524703.65
C. Profit (loss) on sale (A-B):
1688459.66 1649020.73
D. Other operation incomes:
300773.98 356133.16
I.Profit from sale of tangible assets: 19604.10 15167.48
II.Grants & subsidies:
0.00 0.00
III.Other:
281169.88 340965.68
E. Other operating costs:
71801.43 154939.92
I.Loss from sale of tangible assets: 0.00 0.00
II.Revaluation of non-financial assets: 44291.87 0.00
III.Other:
27509.56 154939.92
F. Profit from operating activity
(C+D-E):
1917432.21 1850213.97
G. Financial income: 545902.37 105924.87
I. Dividends: 0.00 0.00
- from subisdiaries and affiliates: 0.00 0.00
II.Interest receivable:
63025.01 15438.11
- from subisdiaries and affiliates: 40389.40 9044.18
III.Profits from investment
transfeered: 0.00 0.00
IV.Revaluation of investments:
0.00 0.00
V.Other:
482877.36 90486.76
H. Financial costs: 115480.63 248930.71
I.Interest payable including:
107697.05 134054.29
- to related companies:
0.00 0.00
II.Loss from invetsments transffered: 0.00 0.00
III.Revaluation of investments:
0.00 0.00
IV.Other: 7783.58 114876.42
I. Profit (loss) from economic activity
(F+G-H):
2347853.95 1707208.13
J. Extraordinary items (J.I-J.II):
0.00 0.00
I.Extraordinary incomes: 0.00 84075.01
II.Extraordinary losses:
0.00 84075.01
K. Gross profit for the year (I+/-J): 2347853.95 1707208.13
L. Corporate income tax:
398578.00 383124.00
M. Other obligatory charges:
38569.66 -35815.79
N. Net profit for the year (K-L-M): 1910706.29 1359899.92
Profit and loss account
(comp) 2002/12/31 2003/12/31
2002/01/01 2003/01/01
A. Net sales of goods and products: 32209000.00 42602000.00
B. Operation expenses:
30088000.00 40719000.00
I. Depreciation: 148000.00 349000.00
II. Costs of materials and energy: 355000.00 805000.00
C. Profit (loss) on sale (A-B):
2121000.00 1883000.00
D. Other operation incomes:
89000.00 169000.00
E. Other operating costs: 380000.00 116000.00
F. Profit from operating activity
(C+D-E):
1830000.00 1937000.00
G. Financial income:
763000.00 476000.00
H. Financial costs: 985000.00 1104000.00
I. Profit (loss) from economic activity
(F+G-H):
1608000.00 1309000.00
J. Extraordinary items (J.I-J.II): 0.00 0.00
K. Gross profit for the year (I+/-J): 1608000.00 1309000.00
N. Net profit for the year (K-L-M): 1093000.00 1088000.00
Profit and loss account
(comp) 2001/12/31
2001/01/01
A. Net sales of goods and products:
26410000.00
B. Operation expenses: 25604000.00
I. Depreciation:
113000.00
II. Costs of materials and energy:
313000.00
C. Profit (loss) on sale (A-B): 806000.00
D. Other operation incomes: 96000.00
E. Other operating costs:
61000.00
F. Profit from operating activity
(C+D-E): 842000.00
G. Financial income:
546000.00
H. Financial costs:
803000.00
I. Profit (loss) from economic activity
(F+G-H):
585000.00
J. Extraordinary items (J.I-J.II): 0.00
K. Gross profit for the year (I+/-J): 584000.00
N. Net profit for the year (K-L-M):
443000.00
Cash flow statement
2003/12/31
2003/01/01
A. Operating cash flow 724000.00
B.
Investment cash flow -1183000.00
C.
Financial cash flow 683000.00
D. Total net cash flow (A.III +/- B.III +/- C.III) 223000.00
Cash
flow statement 2002/12/31
2002/01/01
A. Operating cash flow
1854000.00
B.
Investment cash flow -789000.00
C.
Financial cash flow -896000.00
D. Total net cash flow (A.III +/- B.III +/- C.III) 169000.00
Cash flow statement
2001/12/31
2001/01/01
A. Operating cash flow
1598000.00
B.
Investment cash flow -19000.00
C.
Financial cash flow -2212000.00
D. Total net cash flow (A.III +/- B.III +/- C.III) -633000.00
INDEX ANALYSE:
year 2005 2006 2007
CURRENT RATIO (CR)
Current Assets/Current liabilities 1.1454932 1.1358811 0.9945492
QUICK RATIO (QR)
Current Assets-Inventory/Current
liabilities 0.7544898 0.8243907 0.6011898
CASH RATIO (SQR)
Cash/Current liabilities 0.1597120 0.1053699 0.0864712
STOCK TURNOVER/DAY'S SUPPLY IN INVENTORY
Inventory/Turnover x 365 days 41.1950 36.3941 49.7059
CREDITORS DAYS/DAY'S SALES IN
RECEIVABLES
Current receivables/Turnover x 365 days 62.0106 67.5556 64.6716
DEBTORS DAYS/DAY'S PURCHASE IN PAYABLES
Current liabilities/Turnover x 365 days 105.357 116.839 126.363
TOTAL INDEBTNESS/DEBT RATIO
Outside capital/Equity capital x 100% 69.2% 69.8% 71.9%
LONG TERM INDEBTNESS I/LONG TERM DEBT RATIO
I
Longterm liabilities/Equity capital 0.12937 0.09648 0.37006
LONG TERM INDEBTNESS II/LONG TERM DEBT RATIO
II
Longterm liab./Equity cap.+Longterm liab. x
100% 11.5% 8.8%
27.0%
RETURN ON SALES (ROS)
Net profit/Turnover x 100% 2.7% 1.9% 2.6%
RETURN ON ASSETS (ROA)
Net profit/Total assets x 100% 6.1% 3.9% 4.6%
RETURN ON EQUITY (ROE)
Net profit/Equity capital x 100% 19.7% 13.0% 16.4%
LONG TERM LIABILITIES IN OUTSIDE CAPITAL
Longterm liabilities/Outside capital x
100% 0.0576530 0.0418049 0.1449226
WORKING CAPITAL
Current assets-Current liabilities 2123083.52 2133519.38 - 86985.46
WORKING CAPITAL RATIO
Current assets-Current liabilities/Turnover x
100% 4.2% 4.3% - 0.2%
HISTORICAL DATA
Basic data validity period: 1990/03/27 - 2002/06/11
Legal form: LIMITED LIABILITY COMPANY
Registering agency COURT OF COMMERCE
Type : COMMERCIAL REGISTER
Number RHB 4825
Date of registration: 03/27/1990
Nominal capital validity period: 2002/06/11 - 2003/02/17
Value : 1000.00 PLN
Number of shares:
PAYMENTS
No significant trade experience has been reported thus far
BRANCHE
LIPOWA 6 , 62-060 STĘSZEW
RELATED FIRMS
RELATED FIRMS:
FOLIAREX SP. Z O.O.
Identifier CEN0187858CK
OS. PRZEMYSŁOWE 22
69-100 SŁUBICE
Tel. 095/7580613
Fax. 095/7580549
http:// www.foliarex.com.pl
E-mail: biuro@foliarex.com.pl
RELATED FIRMS:
MILA PLUS SP. Z O.O.
Identifier CEN0206023CK
OS. PRZEMYSŁOWE 20
69-100 SŁUBICE
Tel. 095/7501212
Fax. 095/7588261
RELATED FIRMS:
TTB SPÓŁKA Z O.O.
Identifier CEN0220139CK
BUKOWSKA 5
62-060 STĘSZEW
RELATED FIRMS:
PISA SPÓŁKA Z O.O.
Identifier CEN0220141CK
PRZEJAZDOWA 6J
42-280 CZĘSTOCHOWA
Tel. 034/3215941
RELATED FIRMS:
WIGOLEN SPÓŁKA AKCYJNA
Identifier ICZ0003214RK
PRZEJAZDOWA 2
42-280 CZĘSTOCHOWA
Tel. 034/3618061
Fax. 034/3618346
http:// www.wigolen.com.pl
E-mail: handel@wigolen.com.pl
RELATED FIRMS:
FOLIAREX KATARZYNA BOROWIAK,TOMASZ BOROWIAK,TADEUSZ BOROWIAK
S.JAWNA
Identifier POZ0016678RK
DROŻDŻYCE 5
62-060 STĘSZEW
Tel. 061/8134080,8135642
Fax. 061/8134080
Mail address:
DROŻDŻYCE 5
62-063 MODRZE
RELATED FIRMS:
PRZEDSIĘBIORSTWO WIELOBRANŻOWE FOLIAREX SP. Z O.O.
Identifier POZ0033304RK
BUKOWSKA 5
62-060 STĘSZEW
Tel. 061/8689145
Fax. 061/8134049
http:// www.foliarex.com.pl
E-mail: biuro@foliarex.com.pl
PROCEDURES
Officially not available
ADDITIONAL INFORMATION
Any other information officially not available
BANK
Officially not available
CUSTOMERS/SUPPLIERS
Officially not available
EXCHANGE RATES
USD EUR
31.12.2007 2,4350 3,5820
29.12.2006 2,9105 3,8312
30.12.2005 3,2613 3,8598
31.12.2004 2,9904 4,0790
31.12.2003 3,7405 4,7170
31.12.2002 3,8388 4,0202
31.12.2001 3,9863 3,5219
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.47.46 |
|
UK Pound |
1 |
Rs.83.37 |
|
Euro |
1 |
Rs.64.46 |
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. |
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%)