Registered Name
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ARUBRAS S.A.
CUIT No.: 30-63246490-4
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Summary
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BEGINNER OF ACTIVITIES. INCORPORATED IN 1989. BALANCE SHEET AS OF 30/04/2008:
BALANCED ECONOMIC-FINANCIAL SITUATION WITH COMPENSATORY FINAL
PROFITABILITY. NORMAL EVOLUTION AND STEADY PERSPECTIVES, NORMAL
FULFILLMENT, FIT FOR OPERATIONS OF CURRENT IMPORTANCE WITH THE
ADOPTION OF APPROPRIATE GUARANTEES.
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Operations
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INDUSTRIAL
CHEMICAL PRODUCTS
IMPORT
WHOLESALE
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Legal Structure
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Business
type: Public Limited Company
Incorporated: 23/04/1989
Registered: 29/05/1989 - Nº 2901, Book 106,
Volume A
Register #: 1.511.214
Duration: Until 29/05/2088
End of fiscal year: April 30th
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Contact
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Mr
Diego Fernández (of Management Office).
Legal, Operative and Administrative addresss: Avda.Belgrano 1863, 9° piso,
Buenos Aires City, Argentine Republic.
Phone: (54-11) 5218-1300
Fax: (54-11) 4383-6774
E-mail: diegofernández@arubras.com.ar
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Partners
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President:
KNOBEL MARCELO ESTEBAN
Vice-president: RIPAMONTI FERNANDO LUIS
Director: KNOBEL JORGE HORACIO
Director: RIPAMONTI GUSTAVO LUIS
The first two mentioned ones, as Managers, are in charge of the
management and administration of the company, with the use of the social
signature.
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Corporate Stock
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The company's corporate stock is established in $ 300.000 which
has been totally subscribed and paid in. It is represented by the same
quantity of common and registered shares, with restricted transferability,
of par value $1,00 each and with one vote per share.
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Personal Information
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RIPAMONTI
FERNANDO LUIS:
Argentinian, married, born on el 26/11/1956, Businessman, DNI. 12.587.316
(CUIT. 20-12587316-3) with address in Avda. Rivadavia 4987, Buenos Aires
City.
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History
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According to
our registered information, the company is beginner of activities and
operates nowadays in the previously exposed address.
According to the Official Bulletin N° 31.320 of 24/01/2008, in the
Extraordinary General Assembly of 31/12/2007 the company acquired by a
statutory merger to TREASSURE S.A., with legal address in Montevideo 418,
11° piso of Buenos Aires City, being registered in the Public Registry of
Commerce on 10/08/1995.
Fits to highlight that the mentioned TREASSURE S.A. as of 31/09/2006 had
an Assets of $ 11.672.481,34 and Liabilities of $ 4.495.595,91.
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Economic-Financial Position
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GENERAL
BALANCE SHEET TO THE 30 OF APRIL OF 2007.
GENERAL STRUCTURE
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CURRENT ASSETS $ 14.523,674, 54
NONCURRENT ASSETS $ 136,094, 66
CURRENT LIABILITIES $ 2.680.644, 89
NET PATRIMONY $ 11.979.124, 31
SALES $ 30.823.729, 13
FINAL UTILITY $ 4.179.836, 11
The total numbers of the balance closed on the 30 of April of 2007 were
obtained through third parties.
The company only facilitate the following partial numbers,
corresponding to the general balance sheet finalized on the day 30 of April
of 2008.
CURRENT ASSETS $ 27.943.878. -
NONCURRENT LIABILITIES $ 352.266. -
CURRENT LIABILITIES $ 3.397.166. -
NET PATRIMONY $ 24.898.978. -
NET SALES $ 46.262.599. -
FINAL UTILITY $ 6.825.165. -
In both cases a good economic-financial position is observed, with the
obtaining of results that are considered compensatory.
Until the present driving of the society does not show unfavorable
alternatives and stable perspective are assigned to him.
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Balance Sheet
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Balance Sheet/s
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30/04/2007
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30/04/2006
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30/04/2005
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Total Assets
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$ 14.659.769,20
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$ 12.452.144,92
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$ 10.238.286,93
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Current Assets
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$ 14.523.674,54
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$ 12.253.053,35
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$ 10.089.802,63
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Banks
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$ 1.707.784,00
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$ 2.480.404,23
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$ 1.342.339,82
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Accounts Receivables
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$ 4.478.465,00
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$ 3.600.665,78
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$ 2.301.153,13
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Inventory
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$ 7.510.062,00
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$ 5.933.582,04
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$ 5.302.798,16
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Fixed Assets
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$ 136.094,00
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$ 199.091,57
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$ 148.484,30
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Non-Current Assets
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$ 136.094,66
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$ 199.091,57
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$ 148.484,30
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Investments
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$ 0,00
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$ 0,00
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$ 0,00
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Total Liabilities
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$ 2.680.644,89
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$ 2.222.856,72
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$ 2.930.391,86
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Current Liabilities
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$ 2.680.644,89
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$ 2.222.856,72
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$ 2.930.391,86
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Non-Current Liabilities
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$ 0,00
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$ 0,00
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$ 0,00
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StockHolders Equity
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$ 11.979.124,31
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$ 10.229.288,20
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$ 7.307.895,07
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Net Sales
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$ 30.823.729,13
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$ 27.420.970,91
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$ 24.932.713,16
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Cost of Good Sold
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$ 21.172.439,25
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$ 17.462.302,08
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$ 17.023.949,01
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Gross Result
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$ 9.651.289,88
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$ 9.958.668,83
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$ 7.908.764,15
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Administrative Expenses
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$ 1.127.682,15
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$ 875.735,60
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$ 874.877,08
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Selling Expenses
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$ 2.651.261,08
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$ 2.344.368,95
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$ 2.103.573,29
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Financial Income
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$ 42.510,54
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$ 114.532,54
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$ 56.988,46
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Other Expenses
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$ -1.650.000,00
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$ -1.902.638,61
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$ -1.400.000,00
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Final Result
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$ 4.179.836,11
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$ 4.721.393,13
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$ 3.473.325,32
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Indexes
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30/04/2007
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30/04/2006
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30/04/2005
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Current Ratio
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541,80 %
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551,23 %
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344,32 %
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Quick Ratio
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261,64 %
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284,30 %
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163,36 %
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Short Term Indebtedness
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22,38 %
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21,73 %
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40,10 %
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Debt to Equity Ratio
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22,38 %
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21,73 %
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40,10 %
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Long Term Assets to Total Assets
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0,93 %
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1,60 %
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1,45 %
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Fixed Assets to Equity
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1,14 %
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1,95 %
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2,03 %
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Total Assets to Total Liabilities
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546,87 %
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560,19 %
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349,38 %
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Debt Ratio
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18,29 %
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17,85 %
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28,62 %
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Equity Ratio
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81,71 %
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82,15 %
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71,38 %
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Investments to Assets Ratio
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51,23 %
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47,65 %
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51,79 %
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Current Investment
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99,07 %
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98,40 %
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98,55 %
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Stocks Aging Days
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129,47 días
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124,02 días
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113,69 días
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Day Sales
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53,03 días
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47,93 días
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33,69 días
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Trade Debtors To Assets
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30,55 %
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28,92 %
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22,48 %
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Total Assets Turnover
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210,26 %
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220,21 %
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243,52 %
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Net Worth Aging
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257,31 %
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268,06 %
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341,18 %
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Fixed Assets Aging
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22.648,85 %
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13.773,04 %
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16.791,48 %
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Gross Profit
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68,69 %
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63,68 %
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68,28 %
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Financial Expenses on Sales Ratio
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0,14 %
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0,42 %
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0,23 %
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Commercial Exp. on Sales Ratio
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8,60 %
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8,55 %
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8,44 %
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Administrative Exp. on Sales Ratio
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3,66 %
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3,19 %
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3,51 %
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Assets
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REAL ESTATE:
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At the end of the exposed fiscal year the company didn't own properties,
not being known that later on it has included them to its assets.
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Evolution and
Results
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The company is
engaged in the sale, import, export, distribution and division of
chemical, petrochemical and plastic products of different international
producers, operating mainly with Argentina and countries of Mercosur.
It has been mentioend that it stores and divides products in warehouses
of third parties located in Gran Buenos Aires, of quick and easy access,
in order to carry out the deliveries of products between 24 hours.
It also manages the logistics of shipments, including the hiring of
storage tanks in local ports and the delivery in bulk to its customers.
* 29 EMPLOYEES
MAIN SUPPLIERS:
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RD FEDERSEEN AND COMPANY
ALBEMARLE CORPORATION
HCI ARGENTINA S.A.
YPF S.A.
FOREIGN TRADE:
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In the last twelve months it has carried out imports for a total value of
US$ 11.886.378 from the following countries:
USA ................................ u$s. 4.793.590
MEXICO .............................. u$s. 2.783.666
CHINA ............................. u$s. 1.744.328
OTHERS ............................. u$s. 2.564.794
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Payment Record and Credit
Risk
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BANKS:
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STANDARD BANK
Principal Office - Current Account Nº 0917/200309/41
BANCO DE GALICIA Y BS.AIRES Branch: Monserrat - Current Account
Nº 11927/2004/3
BANCO CREDICOOP COOP.LTDO. Branch: 153
- Current Account Nº 3114/4
INSURANCE:
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LA CAJA S.A.
BOSTON SEGUROS S.A.
CREDIT RISK:
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JULY 2008
STANDARD BANK $ 749.100 SITUATION 1
AMEX $ 20.900
SITUATION 1
BANCO GALICIA $ 200 SITUATION 1
SITUATION 1: NORMAL FULFILLMENT
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Concept
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The company
does not have any negative antecedents that could affect its concept.
It is commercially related with local and foreign companies. Many
of them give it their credit support, not making up to now objections
about its payment record.
* FULFILLMENT: NOT OBJECTED
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Final Opinion
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We consider that
is a society to which it is possible to relate in new operations of
credit, within sum of current economic importance, in the conditions of
practices.
APT FOR CREDITS.
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