MIRA INFORM REPORT
|
Report Date : |
22.02.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
INTERGRANO S.L. |
|
|
|
|
Registered Office : |
Calle Gran Via De Les Corts Catalanes (Pl 5ª Despacho
508), 670, 08010 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
01.01.1987 |
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|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of coffee, tea, cocoa and spices |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
229.862,00 € |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment
Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name
INTERGRANO S.L.
TAX NUMBER: B11624764
EXECUTIVE
SUMMARY
Identification
Current Business Name: INTERGRANO S.L.
Other names: YES
Current Address: CALLE GRAN VIA DE LES CORTS
CATALANES (PL 5ª DESPACHO 508,), 670
Branches: 1
Telephone number: 933174425 Fax: 934124362
URL: www.orocafe.com
Corporate e-mail: eboada@orocafe.com
Trade Risk
Credit Appraisal: 229.862,00 €
Incidents: YES
R.A.I.: NO
Bank and business defaults of payment - ASNEF INDUSTRIAL: NO
Financial Information
Latest sales known (2010): 35.800.000,00
€ (Estimated)
Balance sheet latest sales (2009): 32.562.302,30 € (Trade Register)
Result: 94.094,69 €
Total Assets: 6.023.728,42 €
Social Capital: 1.557.029,87 €
Employees: 11
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 29/05/1987
Activity: Wholesale of coffee, tea, cocoa and
spices
NACE 2009 CODE: 4637
International Operations: Imports and
Exports
Corporate Structure
President:
Parent Company:
Participations: 2
Other Complementary Information
Latest filed accounts published in the Mercantile Register: 2009
Type of Accounts available at the Mercantile Register: Individuals
Latest act published in BORME: 25/08/2010 Annual Filed Accounts
Latest press article: 02/06/2008 EL PERIÓDICO DE
CATALUNYA (LEGAL ANNOUNCEMENTS)
Bank Entities: There are
The date when this report was last updated is 18/02/2011.
The information contained in this report has been investigated and
contrasted on 18/02/2011
Credit Appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Favourable to 229.862,00 €
Credit appraisal evolution
Financial Situation
Exercise:2009
|
Treasury |
Excellent |
|
Indebtedness |
Average |
|
Profitability |
Null |
|
Balance |
Excellent |
Performance
|
Incidents |
None or Negligible |
|
Business
Trajectory |
|
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 1 ( Last:01/09/2005 )
|
|
|
|
|
With the Social Security: |
0 |
|
|
With the Tax Authorities: |
0 |
|
|
With Other Official bodies: |
1 |
|
AFFECTED BY: No significant element.
Latest Administrative Claims
Figures expressed in €
WITH OTHER OFFICIAL BODIES.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
01/09/2005 |
TOWN/ CITY HALL DE |
|
There are 1 administrative claims with Other Official bodies
registered
Detail of the Latest
Administrative Claims
Figures expressed in €
Seizures
WITH OTHER OFFICIAL BODIES.
Phase: SEIZURE
Organization: TOWN/ CITY HALL DE
Concept: Taxes
Date of the claim: 01/09/2005
Source: Published in the Gazette of BARCELONA Appendix 02, on 20/09/2005, page
58
BANK AND BUSINESS DEFAULTS OF PAYMENT -
ASNEF INDUSTRIAL
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
14/02/2011 14:02:01
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
The shaded amounts in the following financial statements have been converted to the norms established in the PGC2007 derived from RD 1514/2007 and 1515/2007, this way comparatives could be shown with the amounts of exercises initiated from 1/01/08.
Figures given in €
|
|
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
31/12/2007 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
80.392,35 |
1,33 |
104.945,77 |
1,32 |
555.993,42 |
7,73 |
|
B) CURRENT ASSETS |
5.943.336,07 |
98,67 |
7.874.400,80 |
98,68 |
6.640.006,54 |
92,27 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
2.019.094,21 |
33,52 |
1.924.999,52 |
24,12 |
1.416.459,54 |
19,68 |
|
B) NON CURRENT LIABILITIES |
52.767,70 |
0,88 |
|
|
|
|
|
C) CURRENT LIABILITIES |
3.951.866,51 |
65,60 |
6.054.347,05 |
75,88 |
5.779.540,42 |
80,32 |
Profit and Loss
Account Analysis
Figures given in €
|
|
2010 ESTIMATED |
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
35.800.000,00 |
32.562.302,30 |
|
33.154.973,01 |
|
|
GROSS MARGIN |
|
2.004.664,66 |
6,16 |
1.847.817,44 |
5,57 |
|
EBITDA |
|
564.236,75 |
1,73 |
373.045,85 |
1,13 |
|
EBIT |
|
520.736,38 |
1,60 |
333.141,44 |
1,00 |
|
NET RESULT |
|
94.094,69 |
0,29 |
78.677,91 |
0,24 |
|
EFFECTIVE TAX RATE (%) |
|
30,01 |
|
31,65 |
|
COMPARATIVE SECTOR ANALYSIS
Values
table
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|
|
|
|
A) NON CURRENT ASSETS |
1,33 |
33,47 |
-32,13 |
|
A) CURRENT ASSETS |
98,67 |
66,53 |
32,13 |
|
LIABILITIES |
|
|
|
|
A) NET WORTH |
33,52 |
30,98 |
2,54 |
|
B) NON CURRENT LIABILITIES |
0,88 |
1,51 |
-0,63 |
|
C) CURRENT LIABILITIES |
65,60 |
67,51 |
-1,90 |
|
|
|
|
|
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
100,00 |
99,21 |
0,79 |
|
GROSS MARGIN |
6,16 |
20,27 |
-14,11 |
|
EBITDA |
1,73 |
4,26 |
-2,52 |
|
EBIT |
1,60 |
1,62 |
-0,02 |
|
NET RESULT |
0,29 |
0,32 |
-0,03 |
Sector Composition
Compared sector (NACE 2009): 4637
Number of companies: 8
Size (Sales Figure): 7,000,000.00 - 40,000,000.00 Euros
OTHER DATA FROM THE ANNUAL FINANCIAL REPORT
Results
Distribution
Source: annual financial report 2009
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
94.094,69 |
Legal Reserve |
9.409,47 |
|
Carry over |
0,00 |
Goodwill reserve |
0,00 |
|
Voluntary reserves |
0,00 |
Special reserves |
0,00 |
|
Other reserves disposable at will |
0,00 |
Voluntary reserves |
84.685,22 |
|
Total of Amounts to be distributed |
94.094,69 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
94.094,69 |
Auditing
Source: filing of annual financial statement 2009
Auditors’ opinion: FAVOURABLE
Auditor: HORWATH AUDITORES ESPANA S.L.
Auditing fees: 11.800,00 €
Facts subsequent to the closing
Source: Annual financial report 2009
Posterior to the closure there were no relevant facts that require the
inclusion in the annual accounts.
company ADDRESSES
Current Legal Seat
Address:
CALLE GRAN
VIA DE LES CORTS CATALANES (PL 5ª DESPACHO 508,), 670
08010
Previous Seat
Address:
CALLE GRAN
VIA DE LES CORTS CATALANES 652
08010
Characteristics of
the current address
Type of establishment: warehouse
Owners: rented
Local Situation: main
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE PROFESOR BELTRAN BAGUENA, 4 |
46009 |
|
|
There are 1 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
Main Board
members, Directors and Auditor
|
POSITION |
NAME AND SURNAME |
APPOINTMENT DATE |
|
|
PRESIDENT |
SALAZAR ORDUNA ENRIQUE |
28/04/2009 |
|
|
MANAGING DIRECTOR |
MUNOZ DE BAENA FIOL FRANCISCO JAVIER |
03/02/2005 |
|
|
MEMBER OF THE BOARD |
EDGARD ANTONIO MOLINA FLAMENCO |
03/02/2005 |
|
|
MEMBER OF THE BOARD |
PALACIOS HERRERA DANILO |
03/02/2005 |
|
|
MEMBER OF THE BOARD |
GARCIA RAMOS JUAN |
28/04/2009 |
|
|
AUDITOR |
APPOINTMENT DATE |
||
|
HORWATH AUDITORES ESPANA SL |
20/03/2009 |
||
There are 6 board members, directors and auditors registered
In case you need more information you can request:Board Members
Monitoring
Board members remuneration
Source: Annual financial report 2009
Board members remuneration: 165.237,40 €
Functional
Managers
|
POSITION |
NAME AND SURNAME |
|
Manager |
BERTRAN MARQUEZ IGNACIO |
|
Financial Director |
DOMINGO RICARDO |
|
Commercial Director |
GARCIA RAMOS JUAN |
FINANCIAL LINKS
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
CLAYTON GROUP LTD |
|
91,00 |
OWN SOURCES |
02/06/2010 |
|
|
GARCIA RAMOS JUAN |
|
Indef. |
OWN SOURCES |
09/01/2009 |
There are 2 direct financial links through shareholders
registered
You can obtain business information of foreign companies at the
page D&B INTERNATIONAL
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
INTERGRANO SL (EXTINGUIDA) |
B46566998 |
9,00 |
OWN SOURCES |
14/03/2007 |
Company with rating inferior to 7
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
OROCAFE SOCIEDADE UNIPESSOAL LDA |
|
100,00 |
OWN SOURCES |
24/03/2008 |
|
|
INTERGRAO COMERCIALIZACAO DE CAFE UNNIPESSOAL LDA |
|
100,00 |
TRADE REG. |
31/12/2009 |
There are 2 direct financial links through participations
registered
You can obtain business information of foreign companies at the
page D&B INTERNATIONAL
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
INTERGRANO SL (EXTINGUIDA) |
B46566998 |
100,00 |
TRADE REG. |
31/12/2001 |
Company with rating inferior to 7
POTENTIAL LINKS
Search Criterion: ”INTERGRANO”
URL: www.orocafe.com
Orocafé Loading, please wait. Welcome. about Orocafé. from the sources.
delivery. contact us.
URL: www.orocafe.com
Orocafé: Contact Us E-mail: juangarcia@intergrano-orocafe.com.
YOUR CONTACT IN UNITED STATES ...
CREDIT INFORMATION
Incorporation date: 29/05/1987
Establishment
date: 01/01/1987
Founder’s Name: LA TITULAR ES LA
FUNDADORA INICIAL DEL NEGOCIO
Activity: Wholesale of coffee,
tea, cocoa and spices
NACE 2009
CODE: 4637
NACE 2009
Activity: Wholesale of coffee, tea, cocoa and spices
Business: MODIFICAR A
COMERCIALIZACION, CORRETAGE, FABRICACION, TRANSFORMACION, ALMACENAMIENTO, IMPORTACION,
EXPORTACION, DE MATERIAS PRIMAS DE TODAS CLASES, NATURALES O ELABORADAS, FIBRAS
Y PRODUCTOS INTERMEDIOS.
Activity
description: COMERCIO AL POR MAYOR DE CAFE VERDE.
Environmental information: YES (Page 49) Annual
financial report 2009
Latest employees figure: 11 (2011)
% of fixed employees: 100,00%
% of men: 92,31%
% of women: 7,69%
Employees
evolution
|
|
|
|
Source: Annual financial report 2009
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
12 |
1 |
COMMERCIAL OPERATIONS
PURCHASES
Imports from:
SALES
Export Percentage: 51%
Exports to: UE Y RESTO
National Distribution: 49%
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
INTERGRAO
COMERCIALIZACAO DE CAFE UNNIPESSOAL LDA ( |
YES |
There are 1 Clients
•
El 0,10% de su cifra de negocio corresponde a
prestación de servicios.
•
El 99,90% de su cifra de negocio corresponde a
venta de mercaderías.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
1000 |
PL. DE CATALUÑA, 5 |
|
|
|
BANCO POPULAR |
0360 |
RONDA SANT PERE, 55 |
|
|
|
BARCLAYS BANK, S.A. |
|
|
|
|
|
CAJA DE AHORROS Y PENSIONES DE |
|
|
|
|
|
DEUTSCHE BANK, S.A.E. |
|
|
|
|
There are 5 bank entities registered
Discount facilities: 1
Credit policy: 1
Mortgage loan: 0
Loans with no real security: 0
|
|
|
|
Debt type: Discount
facilities |
Granted limit:400.000,00 € Used limit:0,00 € Available limit:400.000,00
€ Source: Filed
Accounts (2009) |
|
|
|
|
Debt type: Credit policy |
Granted limit:730.000,00 € Used limit:337.204,60 € Available limit:392.795,40
€ Source: Filed
Accounts (2009) |
|
|
|
There are 2 bank operations registered
FORMER NAMES:
•
OROCAFE SA
•
OROCAFE SL
Brand name:
Type: JOINT Scope: INTERNATIONAL
Date: 22/09/2000
Brand name: ALTO MATAGALPA (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 08/03/1994
Brand name:
Type: DENOMINATIVE Scope: NATIONAL
Date: 01/01/1900
There are 5 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 29/05/1987
Legal form: Limited Liability Company
Social Capital: 1.557.029,87 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2009)
B.O.R.M.E.
(OFFICIAL COMPANIES
REGISTRY GAZETTE)
· Acts on activity: 1 (Last: 19/02/1993)
· Acts on administrators: 31 (Last: 28/04/2009, first: 04/02/1992)
· Acts on capital: 6 (Last: 09/02/2006, first: 04/02/1992)
· Acts on creation: 0
· Acts on filed accounts: 21 (Last: 25/08/2010, first: 08/10/1990)
· Acts on identification: 4 (Last: 22/08/2008, first: 19/02/1993)
· Acts on Information: 6 (Last: 03/02/2005, first: 04/11/1994)
· Acts on proceedings: 2 (Last: 22/08/2008, first: 29/05/2008)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Appointments |
28/04/2009 |
197529 |
|
|
Resignations |
28/04/2009 |
197529 |
|
|
Appointments |
20/03/2009 |
138819 |
|
|
Appointments |
26/11/2008 |
542114 |
|
|
Takeover merger |
22/08/2008 |
403401 |
|
|
Change of business name |
22/08/2008 |
403401 |
|
|
Takeover merger project filing |
29/05/2008 |
156358 |
|
|
Resignations |
21/02/2008 |
94911 |
|
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Annual Filed Accounts (2009) |
25/08/2010 |
368431 |
|
|
Annual Filed Accounts (2008) |
27/08/2009 |
270060 |
|
|
Annual Filed Accounts (2007) |
15/07/2008 |
204725 |
|
There are 71 acts registered
PRESS ARTICLES
Press summary by
type of information (last five years)
Legal notices: 1 (Last: 02/06/2008)
Structural Data: 0
Informative data: 0
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 0
Latest press
article published
02/06/2008 EL PERIÓDICO DE CATALUNYA - LEGAL
ANNOUNCEMENTS
LAS JUNTAS GRALES. UNIVERSALES DE LAS SDADES. OROCAFE SL (SDAD.
ABSORBENTE) Y DE INTERGRANO SL (SDAD. ABSORBIDA), CELEBRADAS EL 23/05/08,
APROBARON POR UNANIMIDAD LA FUSION DE AMBAS CIAS.
There are 1 press articles registered for this company
Complementary
Information
Financial Information
El balance cerrado a 31/12/2009 (Deposito 2009) esta disponible en
INFORMA, pero existen datos en los nuevos estados contables incorrectamente
presentados.
FINANCIAL INFORMATION
The information on the last account contained in this report is extracted from the Mercantile Register file of the legal address of the Company and dated 24/09/2010.
The shaded amounts in the following financial statements have been converted to the norms established in the PGC2007 derived from RD 1514/2007 and 1515/2007, this way comparatives could be shown with the amounts of exercises initiated from 1/01/08.
This theoretical conversion exercise has been carried out from the financial statements contained in the accounting information presented on the Trade Register, and elaborated under the accounting norms and principles collected in PGC90 derived from RD 1643/1990, not taking into account any other type of information; for this reason the conversion exercise could include certain inaccuracies.
SITUATION
BALANCE-SHEET
Assets
Figures given in €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
80.392,35 |
1,33 |
104.945,77 |
1,32 |
555.993,42 |
7,73 |
|
I. Intangible assets |
27.339,88 |
0,45 |
53.357,66 |
0,67 |
33.194,56 |
0,46 |
|
5. Software |
27.339,88 |
0,45 |
53.357,66 |
0,67 |
|
|
|
II. Tangible fixed assets |
22.306,46 |
0,37 |
29.375,74 |
0,37 |
12.765,51 |
0,18 |
|
2. Technical fittings and other tangible assets |
22.306,46 |
0,37 |
29.375,74 |
0,37 |
|
|
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
18.000,00 |
0,30 |
18.000,00 |
0,23 |
508.831,33 |
7,07 |
|
1. Net worth instruments |
18.000,00 |
0,30 |
18.000,00 |
0,23 |
18.000,00 |
0,25 |
|
2. Credits to companies |
|
|
|
|
490.831,33 |
6,82 |
|
V. Long Term Financial Investments |
12.746,01 |
0,21 |
4.212,37 |
0,05 |
1.202,02 |
0,02 |
|
4. By-products |
8.533,64 |
0,14 |
|
|
|
|
|
5. Other financial assets |
4.212,37 |
0,07 |
4.212,37 |
0,05 |
1.202,02 |
0,02 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
5.943.336,07 |
98,67 |
7.874.400,80 |
98,68 |
6.640.006,54 |
92,27 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
2.548.193,03 |
42,30 |
3.613.904,10 |
45,29 |
2.175.592,52 |
30,23 |
|
1. Goods available for sale |
2.548.193,03 |
42,30 |
3.613.904,10 |
45,29 |
|
|
|
III. Trade Debtors and other receivable accounts |
2.695.901,17 |
44,75 |
3.154.668,82 |
39,54 |
2.201.323,70 |
30,59 |
|
1. Clients |
2.680.673,90 |
44,50 |
3.094.981,43 |
38,79 |
2.020.396,30 |
28,08 |
|
b) Clients for sales and short term services
rendering |
2.680.673,90 |
44,50 |
3.094.981,43 |
38,79 |
|
|
|
3. Other debts |
|
|
18.893,78 |
0,24 |
418,99 |
0,01 |
|
4. Staff |
6.350,00 |
0,11 |
3.806,69 |
0,05 |
3.000,00 |
0,04 |
|
5. Assets by current taxes |
7.352,13 |
0,12 |
28.697,99 |
0,36 |
|
|
|
6. Other credits with the Public Administrations |
1.525,14 |
0,03 |
8.288,93 |
0,10 |
177.508,41 |
2,47 |
|
IV. Short term investments in associated and affiliated companies |
|
|
104.622,96 |
1,31 |
764.558,94 |
10,62 |
|
2. Credits to companies |
|
|
|
|
764.558,94 |
10,62 |
|
5. Other financial assets |
|
|
104.622,96 |
1,31 |
|
|
|
V. Short term financial investments |
|
|
|
|
|
|
|
VI. Short term periodifications |
37.266,51 |
0,62 |
57.400,03 |
0,72 |
10.422,42 |
0,14 |
|
VII. Cash and equivalents |
661.975,36 |
10,99 |
943.804,89 |
11,83 |
1.488.108,96 |
20,68 |
|
1. Treasury |
661.975,36 |
10,99 |
943.804,89 |
11,83 |
1.488.108,96 |
20,68 |
|
TOTAL ASSETS (A + B) |
6.023.728,42 |
100,00 |
7.979.346,57 |
100,00 |
7.195.999,96 |
100,00 |
Alerts associated to the conversion to PGC2007
In the conversion process there has been
estimated that the total item 143070 “Provisions on debtors” according to
PGC90, for %1, is associated to “Clients for sales and services rendering”.
In the conversion process there has
been estimated that the total debit balance with the Public Administrations in
the Financial Statements of the previous exercise corresponds to the balances
collected in the item “Other credits with the Public Administrations” under
PGC2007.
The valuation norms applicable to
financial instruments has changed substantially and, for this reason the
conversion of financial statements from PGC90 to PGC2007 could include notable
inaccuracy.
Net Worth and
Liabilities
Figures given in €
|
|
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
31/12/2007 (12) |
% ASSETS |
|
A) NET WORTH |
2.019.094,21 |
33,52 |
1.924.999,52 |
24,12 |
1.416.459,54 |
19,68 |
|
A-1) Equity |
2.019.094,21 |
33,52 |
1.924.999,52 |
24,12 |
1.351.479,50 |
18,78 |
|
I. Capital |
1.557.029,87 |
25,85 |
1.557.029,87 |
19,51 |
1.139.724,00 |
15,84 |
|
1. Authorized capital |
1.557.029,87 |
25,85 |
1.557.029,87 |
19,51 |
1.139.724,00 |
15,84 |
|
II. Issue premium |
77.536,24 |
1,29 |
77.536,24 |
0,97 |
|
|
|
III. Reserves |
290.433,41 |
4,82 |
263.187,89 |
3,30 |
263.187,89 |
3,66 |
|
1. Legal and statutory |
235.812,58 |
3,91 |
227.944,80 |
2,86 |
227.944,78 |
3,17 |
|
2. Other funds |
54.620,83 |
0,91 |
35.243,09 |
0,44 |
35.243,11 |
0,49 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
-51.432,39 |
-0,64 |
|
|
|
2. (Prior years losses) |
|
|
-51.432,39 |
-0,64 |
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
94.094,69 |
1,56 |
78.677,91 |
0,99 |
-51.432,39 |
-0,71 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
64.980,04 |
0,90 |
|
I. Financial assets available for sale |
|
|
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
|
|
IV. Conversion differences |
|
|
|
|
64.980,04 |
0,90 |
|
V. Other |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
52.767,70 |
0,88 |
|
|
|
|
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
52.767,70 |
0,88 |
|
|
|
|
|
4. By-products |
52.767,70 |
0,88 |
|
|
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
|
|
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
3.951.866,51 |
65,60 |
6.054.347,05 |
75,88 |
5.779.540,42 |
80,32 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
3.401.306,63 |
56,47 |
5.305.589,58 |
66,49 |
4.905.767,25 |
68,17 |
|
2. Debts with bank entities |
3.401.306,63 |
56,47 |
5.305.589,58 |
66,49 |
4.905.767,25 |
68,17 |
|
IV. Short term debts with associated and affiliated companies |
17.587,36 |
0,29 |
|
|
|
|
|
V. Trade creditors and other payable accounts |
532.972,52 |
8,85 |
748.757,47 |
9,38 |
873.773,17 |
12,14 |
|
1. Suppliers |
168.975,22 |
2,81 |
444.039,24 |
5,56 |
818.085,24 |
11,37 |
|
b) Short term suppliers |
168.975,22 |
2,81 |
444.039,24 |
5,56 |
|
|
|
3. Different creditors |
273.029,38 |
4,53 |
232.219,36 |
2,91 |
|
|
|
4. Staff (pending remunerations) |
44.832,83 |
0,74 |
37.340,71 |
0,47 |
17.411,28 |
0,24 |
|
5. Liabilities by current taxes |
19.163,72 |
0,32 |
|
|
|
|
|
6. Other debts with Public Administrations |
26.971,37 |
0,45 |
35.158,16 |
0,44 |
11.440,29 |
0,16 |
|
7. Clients pre-payments |
|
|
|
|
26.836,36 |
0,37 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
6.023.728,42 |
100,00 |
7.979.346,57 |
100,00 |
7.195.999,96 |
100,00 |
Alerts associated to the conversion to PGC2007
In the conversion process it has not
been possible to breakdown the composition of liabilities originated by debts with
the public administrations; for this reason the mentioned amounts are presented
fully aggregated in the item “other debts with the public administrations”
PROFIT AND LOSS ACCOUNT
Figures given in €
|
|
31/12/2009 (12) |
%ING. EXPLOT. |
31/12/2008 (12) |
%ING. EXPLOT. |
31/12/2007 (12) |
%ING. EXPLOT. |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
32.562.302,30 |
100,00 |
33.154.973,01 |
100,00 |
33.225.537,16 |
99,86 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-30.557.637,64 |
-93,84 |
-31.307.155,57 |
-94,43 |
-32.162.818,76 |
-96,66 |
|
5. Other operating income |
|
|
|
|
47.279,30 |
0,14 |
|
6. Labour cost |
-587.554,48 |
-1,80 |
-587.697,16 |
-1,77 |
-290.298,00 |
-0,87 |
|
7. Other operating costs |
-956.173,90 |
-2,94 |
-904.581,43 |
-2,73 |
-566.561,17 |
-1,70 |
|
8. Amortization of fixed assets |
-34.658,25 |
-0,11 |
-39.904,41 |
-0,12 |
-19.187,02 |
-0,06 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
-8.842,12 |
-0,03 |
|
|
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
103.300,47 |
0,32 |
17.507,00 |
0,05 |
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12
+ 13) |
520.736,38 |
1,60 |
333.141,44 |
1,00 |
233.951,51 |
0,70 |
|
14. Financial income |
4.390,80 |
0,01 |
21.804,11 |
0,07 |
76.906,82 |
0,23 |
|
b) Other financial income |
4.390,80 |
0,01 |
21.804,11 |
0,07 |
76.906,82 |
0,23 |
|
15. Financial expenses |
-213.104,93 |
-0,65 |
-410.694,11 |
-1,24 |
-322.186,30 |
-0,97 |
|
16. Reasonable value variation on financial instruments |
-73.227,78 |
-0,22 |
|
|
|
|
|
17. Exchange differences |
-104.349,91 |
-0,32 |
170.854,96 |
0,52 |
-64.759,83 |
-0,19 |
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-386.291,82 |
-1,19 |
-218.035,04 |
-0,66 |
-310.039,31 |
-0,93 |
|
C) RESULT BEFORE TAXES (A + B) |
134.444,56 |
0,41 |
115.106,40 |
0,35 |
-76.087,80 |
-0,23 |
|
20. Taxes on profits |
-40.349,87 |
-0,12 |
-36.428,49 |
-0,11 |
24.655,41 |
0,07 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
D) EXERCISE RESULT (C + 20) |
94.094,69 |
0,29 |
78.677,91 |
0,24 |
-51.432,39 |
-0,15 |
Alerts associated to the conversion to PGC2007
Valuation norms applicable to Financial
instruments collected in PGC2007 present notable changes with respect to PGC90.
As a consequence, the conversion of the financial statements of the accounts to
PGC2007, carried out considering mainly classification changes in the accounts
might contain certain inaccuracies.
NET WORTH CHANGES STATUS
Status of recognized income and expenses
Figures given in €
|
NET WORTH CHANGES (1/3) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
94.094,69 |
78.677,91 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
|
-84.146,61 |
|
2. Other income / expenses |
|
-84.146,61 |
|
II. Cash flow coverage |
|
|
|
III. Received legacies, grants and subventions |
|
|
|
IV. For actuarial profits and losses and other adjustments |
|
|
|
V. Non-current assets and related liabilities, maintained for sale |
|
|
|
VI. Conversion differences |
|
|
|
VII. Tax effect |
|
|
|
B) TOTAL INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH (I + II +
III + IV +V+VI+VII) |
|
-84.146,61 |
|
PROFIT AND LOSS ACCOUNT TRANSFERS |
|
|
|
VIII. For valuation of financial instruments |
|
|
|
IX. Cash flow coverage |
|
|
|
X. Received legacies, grants and subventions |
|
|
|
XI. Non-current assets and related liabilities, maintained for sale |
|
|
|
XII. Conversion differences |
|
|
|
XIII. Tax effect |
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT AND LOSS ACCOUNT (VIII + IX + X + XI+
XII+ XIII) |
|
|
|
TOTAL INCOME AND EXPENSES RECOGNIZED (A + B + C) |
94.094,69 |
-5.468,70 |
Total net worth
changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
ISSUE PREMIUM |
RESERVES |
RESULTS FROM PREVIOUS YEARS |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
1.139.724,00 |
|
347.334,49 |
|
|
I. Adjustments by change of criteria in the exercise (2007) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
1.139.724,00 |
|
347.334,49 |
|
|
I. Total recognized income and expenses |
|
|
-84.146,60 |
|
|
II. Operations with partners or owners |
417.305,87 |
77.536,24 |
|
|
|
1. Capital Increases |
417.305,87 |
77.536,24 |
|
|
|
III. Other net worth variations |
|
|
|
-51.432,39 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
1.557.029,87 |
77.536,24 |
263.187,89 |
-51.432,39 |
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
1.557.029,87 |
77.536,24 |
263.187,89 |
-51.432,39 |
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
27.245,52 |
51.432,39 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
1.557.029,87 |
77.536,24 |
290.433,41 |
|
|
NET WORTH CHANGES ( 3 /3) |
EXERCISE RESULT |
TOTAL |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
-51.432,39 |
1.435.626,10 |
|
|
|
I. Adjustments by change of criteria in the exercise (2007) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
-51.432,39 |
1.435.626,10 |
|
|
|
I. Total recognized income and expenses |
78.677,91 |
-5.468,69 |
|
|
|
II. Operations with partners or owners |
|
494.842,11 |
|
|
|
1. Capital Increases |
|
494.842,11 |
|
|
|
III. Other net worth variations |
51.432,39 |
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
78.677,91 |
1.924.999,52 |
|
|
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
78.677,91 |
1.924.999,52 |
|
|
|
I. Total recognized income and expenses |
94.094,69 |
94.094,69 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
-78.677,91 |
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
94.094,69 |
2.019.094,21 |
|
|
CASH FLOW STATUS
Figures given in €
|
|
31/12/2009 (12) |
31/12/2008 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
|
1. exercise result before taxes |
134.444,55 |
115.106,40 |
|
2. Results adjustments |
429.792,19 |
259.597,71 |
|
a) Amortization of fixed assets (+) |
34.658,25 |
39.904,41 |
|
e) Results for decline and disposal of fixed assets (+/-) |
8.842,12 |
|
|
f) Results for decline and disposal of financial instruments (+/-) |
|
1.658,25 |
|
g) Financial income (-) |
-4.390,80 |
-21.804,11 |
|
f) Financial expenses (+) |
286.332,71 |
410.694,11 |
|
i) Change difference (+/-) |
104.349,91 |
-170.854,95 |
|
3. Changes in current capital |
1.247.187,56 |
427.083,28 |
|
a) Stocks (+/-) |
1.063.397,08 |
315.771,51 |
|
b) Debtors and other receivable accounts (+/-) |
189.318,46 |
589.950,85 |
|
c) Other current assets (+/-) |
20.133,52 |
-45.549,43 |
|
d) Creditors and other payable accounts (+/-) |
-253.820,82 |
-433.089,65 |
|
e) Other current liabilities (+/-) |
228.159,32 |
|
|
4. Other cash flow coming from operating activities |
-274.547,49 |
-386.670,63 |
|
a) Interests payments (-) |
-300.282,87 |
-410.694,11 |
|
b) Dividends collections (+) |
|
21.804,11 |
|
c) Interests collections (+) |
4.390,80 |
|
|
d) Collections (payments) for profit tax (+/-) |
21.344,58 |
2.219,37 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
1.536.876,81 |
415.116,76 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
|
6. Investment payments (-) |
-18.946,95 |
-16.515,73 |
|
b) Intangible assets |
-5.381,31 |
-14.996,06 |
|
c) Tangible assets |
-5.032,00 |
-1.519,67 |
|
e) Other financial assets |
-8.533,64 |
|
|
7. Disinvestment collections (+) |
104.622,96 |
386.208,37 |
|
e) Other financial assets |
104.622,96 |
386.208,37 |
|
8. Cash Flow in investment activities (6 + 7) |
85.676,01 |
369.692,64 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
|
9. Net worth instruments collections and payments |
|
|
|
10. Financial liabilities instruments collections and payments |
-1.822.836,70 |
-1.618.225,58 |
|
a) Issue |
17.587,36 |
|
|
3. Debts with group and associated companies (+) |
17.587,36 |
|
|
b) Return and amortization of |
-1.840.424,06 |
-1.618.225,58 |
|
2. Debts with bank entities (-) |
-1.840.424,06 |
-1.618.225,58 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
|
|
|
12. Cash Flow in financing activities (9 + 10 + 11) |
-1.822.836,70 |
-1.618.225,58 |
|
D) Exchange rate variations effect |
-81.545,65 |
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
-281.829,53 |
-833.416,18 |
|
Cash or equivalents at the beginning of the exercise |
943.804,89 |
1.777.221,07 |
|
Cash or equivalents at the end of the exercise |
661.975,36 |
943.804,89 |
RATIOS
|
|
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
CHANGE % |
31/12/2007 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
1.991.469,56 |
9,42 |
1.820.053,75 |
111,52 |
860.466,12 |
|
Working capital ratio |
0,33 |
43,48 |
0,23 |
91,67 |
0,12 |
|
Soundness Ratio |
25,12 |
36,97 |
18,34 |
654,73 |
2,43 |
|
Average Collection Period (days) |
30 |
-12,63 |
34 |
43,94 |
24 |
|
Average Payment Period (days) |
6 |
-26,09 |
8 |
-14,81 |
10 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
150,39 |
15,63 |
130,06 |
13,20 |
114,89 |
|
Quick Ratio (%) |
16,75 |
7,44 |
15,59 |
-39,46 |
25,75 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
57,63 |
-13,33 |
66,49 |
-2,46 |
68,17 |
|
External Financing Average Cost |
0,06 |
-25,00 |
0,08 |
14,29 |
0,07 |
|
Debt Service Coverage |
2,26 |
-82,32 |
12,78 |
108,40 |
-152,14 |
|
Interest Coverage |
2,44 |
201,23 |
0,81 |
10,96 |
0,73 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
4,72 |
277,60 |
1,25 |
1.350,00 |
-0,10 |
|
Auto financing generated by Assets (%) |
25,51 |
390,58 |
5,20 |
1.255,56 |
-0,45 |
|
Breakdown Point |
1,02 |
0,99 |
1,01 |
0,00 |
1,01 |
|
Average Sales Volume per Employee |
2.504.792,48 |
-1,79 |
2.550.382,54 |
-46,27 |
4.746.505,31 |
|
Average Cost per Employee |
45.196,50 |
-0,02 |
45.207,47 |
9,01 |
41.471,14 |
|
Assets Turnover |
5,41 |
30,05 |
4,16 |
-9,96 |
4,62 |
|
Inventory Turnover (days) |
30 |
-27,83 |
41 |
69,12 |
24 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
8,64 |
106,94 |
4,18 |
28,62 |
3,25 |
|
Operating Profitability (%) |
9,07 |
93,80 |
4,68 |
32,95 |
3,52 |
|
Return on Equity (ROE) (%) |
6,66 |
11,37 |
5,98 |
206,22 |
-5,63 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
1,33 |
33,47 |
-32,13 |
|
A) CURRENT ASSETS |
98,67 |
66,53 |
32,13 |
|
LIABILITIES |
|||
|
A) NET WORTH |
33,52 |
30,98 |
2,54 |
|
B) NON CURRENT LIABILITIES |
0,88 |
1,51 |
-0,63 |
|
C) CURRENT LIABILITIES |
65,60 |
67,51 |
-1,90 |
|
|
|
|
|
Analytical Account of
Results
Figures given in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
99,21 |
0,79 |
|
Other operating income |
|
0,79 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-93,84 |
-80,03 |
-13,81 |
|
Variation in stocks of finished goods and work in progress |
|
0,30 |
|
|
GROSS MARGIN |
6,16 |
20,27 |
-14,11 |
|
Other operating costs |
-2,94 |
-7,31 |
4,37 |
|
Labour cost |
-1,80 |
-8,90 |
7,10 |
|
GROSS OPERATING RESULT |
1,42 |
4,05 |
-2,63 |
|
Amortization of fixed assets |
-0,11 |
-2,20 |
2,08 |
|
Deterioration and result for fixed assets disposal |
-0,03 |
-0,24 |
0,21 |
|
Other expenses / income |
0,32 |
|
|
|
NET OPERATING RESULT |
1,60 |
1,62 |
-0,02 |
|
Financial result |
-1,19 |
-1,13 |
-0,06 |
|
RESULT BEFORE TAX |
0,41 |
0,50 |
-0,09 |
|
Taxes on profits |
-0,12 |
-0,17 |
0,05 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
0,29 |
|
|
|
NET RESULT |
0,29 |
0,32 |
-0,03 |
Main Ratios
|
|
COMPANY (2009) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
1.991.469,56 |
-1.046.039,17 |
168.354,64 |
758.038,21 |
|
Working capital ratio |
0,33 |
-0,07 |
0,05 |
0,13 |
|
Soundness Ratio |
25,12 |
0,81 |
1,57 |
2,75 |
|
Average Collection Period (days) |
30 |
41 |
48 |
73 |
|
Average Payment Period (days) |
6 |
4 |
20 |
64 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
150,39 |
0,86 |
1,05 |
1,15 |
|
Quick Ratio (%) |
16,75 |
0,01 |
0,05 |
0,10 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
57,63 |
24,03 |
50,39 |
74,68 |
|
External Financing Average Cost |
0,06 |
0,06 |
0,06 |
0,07 |
|
Debt Service Coverage |
2,26 |
0,44 |
4,51 |
15,89 |
|
Interest Coverage |
2,44 |
0,82 |
1,38 |
1,96 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
4,72 |
0,28 |
2,06 |
5,32 |
|
Auto financing generated by Assets (%) |
25,51 |
1,18 |
4,55 |
9,76 |
|
Breakdown Point |
1,02 |
1,01 |
1,02 |
1,02 |
|
Average Sales Volume per Employee |
2.504.792,48 |
160.479,01 |
878.132,14 |
2.788.932,53 |
|
Average Cost per Employee |
45.196,50 |
36.533,39 |
39.319,41 |
42.711,24 |
|
Assets Turnover |
5,41 |
1,34 |
2,64 |
4,51 |
|
Inventory Turnover (days) |
30 |
28 |
65 |
100 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
8,64 |
2,33 |
3,67 |
6,08 |
|
Operating Profitability (%) |
9,07 |
5,03 |
8,16 |
13,27 |
|
Return on Equity (ROE) (%) |
6,66 |
-3,77 |
3,60 |
29,36 |
Consulted Sources
Tax Administration / Consultation by NIF
INTERNET
LA TITULAR
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.11 |
|
|
1 |
Rs.73.25 |
|
Euro |
1 |
Rs.61.70 |
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 |
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 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.