MIRA INFORM REPORT
|
Report Date : |
01.06.2011 |
IDENTIFICATION DETAILS
|
Correct Name : |
PUNTO-FA SL |
|
|
|
|
Registered Office : |
Calle Dels Mercaders (Pg Ind Riera Caldes), 9 – 11,
08184 Palau-Solita I Plegamans Barcelona |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
13.12.1989 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
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 : |
6.000.000,00 € |
|
Status : |
Satisfactory |
|
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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Spain |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name
PUNTO-FA SL
TAX NUMBER: B59088948
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: PUNTO-FA SL
Commercial name: MANGO
Other names: YES
Current Address: CALLE DELS MERCADERS (PG IND
RIERA CALDES), 9 - 11
08184 PALAU-SOLITA I PLEGAMANS BARCELONA
Branches: 115
Telephone number: 938602222 Fax: 938602200
URL: www.mango.com
Corporate e-mail: atencioncliente@mango.es
Trade Risk
Credit Appraisal: 6.000.000,00 €
Incidents: YES
R.A.I.: YES
Bank and business defaults of payment - ASNEF EMPRESAS: NO
Financial Information
Balance sheet latest sales (2009): 806.732.000,00 € (Trade Register)
Result: 142.914.000 €
Total Assets: 2.004.841.000 €
Social Capital: 13.000,00 €
Employees: 3.640
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 13/12/1989
Activity: Wholesale of textiles
NACE 2009 CODE: 4641
International Operations: Imports and
Exports
Corporate Structure
President:
Parent Company:
Participations: 67
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: 18/04/2011 Appointments
Latest press article: 09/05/2011 LA
VANGUARDIA (BRANCHES)
Bank Entities: There are
The date when this report was last updated is 18/04/2011.
The information contained in this report has been investigated and
contrasted on 29/07/2010
Credit Appraisal
Maximum Credit
(from 0 to 6,000,000
€)
Favourable to 6.000.000,00 €
Financial Situation
Exercise:2009
|
Treasury |
Excellent |
|
Indebtedness |
Average |
|
Profitability |
Very good |
|
Balance |
Good |
Performance
|
Incidents |
Very Outstanding |
|
Business
Trajectory |
Very Negative |
INCIDENTS
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: 14 ( Last:20/07/2010 , first:
22/09/2008 )
|
|
|
|
|
With the Social Security: |
11 |
|
|
With the Tax Authorities: |
0 |
|
|
With Other Official bodies: |
3 |
|
AFFECTED BY: No significant element.
Latest Administrative Claims
Figures expressed in €
WITH THE SOCIAL SECURITY.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
20/07/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
|
|
28/10/2009 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
SEVILLA |
|
|
22/10/2009 |
CENTRAL TREASURY FOR SOCIAL SECURITY URE 39 04 DE SANTANDER |
|
Executive
|
DATE |
ORGANIZATION |
AMOUNT |
|
12/05/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
782,22 |
Notifications
|
DATE |
ORGANIZATION |
AMOUNT |
|
28/04/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
1.223,54 |
|
29/03/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
782,22 |
|
04/03/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
488,40 |
There are 11 administrative claims with the Social Security
registered
WITH OTHER OFFICIAL BODIES.
Seizures
|
DATE |
ORGANIZATION |
AMOUNT |
|
23/02/2010 |
TOWN/ CITY HALL DE SEVILLA |
|
Notifications
|
DATE |
ORGANIZATION |
AMOUNT |
|
19/05/2009 |
TOWN/ CITY HALL DE ZARAGOZA |
601,00 |
|
22/09/2008 |
TOWN/ CITY HALL DE EIVISSA |
450,76 |
There are 3 administrative claims with Other Official bodies registered
Detail of the Latest
Administrative Claims
Figures expressed in €
Seizures
WITH THE SOCIAL SECURITY.
Phase: SEIZURE
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 20/07/2010
Source: Published in the Gazette of ALICANTE, on 30/07/2010, page 9
Figures expressed in €
Executive
WITH THE SOCIAL SECURITY.
Phase: ENFORCEMENT
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 12/05/2010
Period: 0909 0909
Source: Published in the Gazette of ALICANTE, on 14/05/2010, page 11
Amount: 782,22
BANK AND BUSINESS DEFAULTS OF
PAYMENT - ASNEF EMPRESAS
R.A.I.
|
|
|
|
NUMBER OF ENTRIES FOUND |
1 |
|
TOTAL AMOUNT |
2.000 |
|
DATE OF THE LAST ENTRY |
19/03/2011 |
|
DATE AND TIME OF THE CONSULTATION |
31/05/2011 08:05:25 |
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 thousands €
|
|
30/12/2009 (12) BALANCE SHEET |
% ASSETS |
30/12/2008 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
A) NON CURRENT ASSETS |
1.238.091,00 |
61,76 |
1.098.918,00 |
60,47 |
|
B) CURRENT ASSETS |
766.750,00 |
38,24 |
718.245,00 |
39,53 |
|
LIABILITIES |
|
|
|
|
|
A) NET WORTH |
462.377,00 |
23,06 |
372.832,00 |
20,52 |
|
B) NON CURRENT LIABILITIES |
980.944,00 |
48,93 |
837.327,00 |
46,08 |
|
C) CURRENT LIABILITIES |
561.520,00 |
28,01 |
607.004,00 |
33,40 |
Profit and Loss
Account Analysis
Figures given in thousands €
|
|
30/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
30/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
806.732,00 |
|
822.764,00 |
|
|
GROSS MARGIN |
459.806,00 |
57,00 |
485.265,00 |
58,98 |
|
EBITDA |
177.023,00 |
21,94 |
177.436,00 |
21,57 |
|
EBIT |
130.976,00 |
16,24 |
104.776,00 |
12,73 |
|
NET RESULT |
142.914,00 |
17,72 |
40.819,00 |
4,96 |
|
EFFECTIVE TAX RATE (%) |
-29,17 |
|
23,52 |
|
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|
|
|
|
A) NON CURRENT ASSETS |
61,76 |
20,60 |
41,15 |
|
A) CURRENT ASSETS |
38,24 |
79,40 |
-41,15 |
|
LIABILITIES |
|
|
|
|
A) NET WORTH |
23,06 |
43,91 |
-20,84 |
|
B) NON CURRENT LIABILITIES |
48,93 |
5,71 |
43,21 |
|
C) CURRENT LIABILITIES |
28,01 |
50,38 |
-22,37 |
|
|
|
|
|
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
90,97 |
98,31 |
-7,34 |
|
GROSS MARGIN |
51,85 |
29,18 |
22,67 |
|
EBITDA |
19,96 |
6,00 |
13,96 |
|
EBIT |
14,77 |
4,47 |
10,30 |
|
NET RESULT |
16,12 |
2,33 |
13,79 |
Sector Composition
Compared sector (NACE 2009): 4641
Number of companies: 89
Size (Sales Figure): > 7,000,000.00 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 |
142.914.000,00 |
Legal Reserve |
0,00 |
|
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 |
140.344.000,00 |
|
Total of Amounts to be distributed |
142.914.000,00 |
Dividends |
0,00 |
|
|
|
Carry over and others |
2.570.000,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
142.914.000,00 |
Auditing
Source: filing of annual financial statement 2009
Auditors’ opinion: FAVOURABLE
Auditor: PRICEWATERHOUSECOOPERS AUDITORES S.L.
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 DELS MERCADERS (PG IND RIERA CALDES), 9 - 11
08184 PALAU-SOLITA
I PLEGAMANS BARCELONA
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE TINTE, 5 |
02001 |
ALBACETE |
Albacete |
|
CALLE LOS MONTES, 3 |
03600 |
ELDA |
Alicante |
|
AVENIDA MAISONNAVE, 33 |
03003 |
ALICANTE/ALACANT |
Alicante |
|
CALLE PAIS VALENCIA |
03500 |
FINESTRAT |
Alicante |
|
PASEO DE ALMERIA, 57 |
04001 |
ALMERIA |
Almería |
|
AVENIDA ALEXANDRE ROSSELLO, 30 |
07002 |
PALMA |
Baleares |
|
CALLE DE SA CREU, 26 |
07800 |
EIVISSA |
Baleares |
|
AVENIDA GABRIEL ROCA, 54 |
07015 |
PALMA DE MALLORCA |
Baleares |
|
CALLE GUILLEM DE MONTGRI, 15 |
07800 |
EIVISSA |
Baleares |
|
AVENIDA JAUME III, 9 |
07012 |
PALMA |
Baleares |
There are 115 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
|
|
|
|
|
|
Distribution of the administration board |
|
|
Governing body : 8 members (latest change:
12/05/2010) Other Positions : 9 (latest change: 23/12/2010) Auditor : 2 (latest change: 18/04/2011) Operative Board Members : 6 (latest change: 29/07/2010) Non-current positions : 21 (latest change: 11/02/2010) |
|
|
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
PRESIDENT |
MANGO MNG HOLDING SL |
11/02/2010 |
|
VICE-PRESIDENT |
HALFON, ISAK |
12/05/2010 |
|
MANAGING DIRECTOR |
MANGO MNG SL |
11/02/2010 |
|
MEMBER OF THE BOARD |
KAPIT ADMINT SL |
08/08/2007 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
AUREN AUDITORS BARCELONA SA |
18/04/2011 |
|
AUDITOR |
PRICEWATERHOUSECOOPERS AUDITORES SL |
18/04/2011 |
There are 19 board members, directors and auditors registered
|
POSITION |
NAME AND SURNAME |
|
General Manager |
CASI, ERIC |
|
Financial Manager |
GARCIA LECUMBERRI, MARIA JESUS |
|
Purchases Director |
SICSU, ALEGRIA |
|
Exports Director |
HALFONS, ISAC |
|
IT Director |
RISSO, EDUARDO |
|
Operations Director |
CARASSO, ELENA |
FINANCIAL LINKS
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MANGO MNG S.L. |
B62013529 |
88,39 |
OWN SOURCES |
29/07/2010 |
|
|
MANGO MNG CAPITAL S.L. |
B64518806 |
11,61 |
TRADE REG. |
30/12/2009 |
There are 2 direct financial links through shareholders
registered
Majority shareholder of MANGO MNG S.L.
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MANGO MNG HOLDING SL |
B62127097 |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ANDIC ERMAY ISAK |
|
50,00 |
B.O.R.M.E. |
18/02/2000 |
|
|
ANDIC ERMAY NAHMAN |
|
50,00 |
B.O.R.M.E. |
18/02/2000 |
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MANGO DANMARK ASP |
DENMARK |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
PUNTA NA DEUTSCHLAND |
GERMANY |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MANGO SUISSE SA |
GERMANY |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MANGO (OSTERREICH) HANDELS GMBH |
GERMANY |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MNG HUNGARY KFT |
HUNGARY |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MANGO ITALIA SRL |
ITALY |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MANGO GARMENTS AND ACCESSORY TRADING |
CHINA |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MANGO CANADA CORPORATION |
CANADA |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MANGO SVERIGE AB |
SWEDEN |
100,00 |
TRADE REG. |
30/12/2009 |
|
|
MANGO POLSKA SPZOO |
POLAND |
100,00 |
TRADE REG. |
30/12/2009 |
There are 67 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. |
|
|
MISTIFAN S.L. |
B62325980 |
100,00 |
B.O.R.M.E. |
31/01/2002 |
|
|
MAYOR-VENT, SL |
B59136689 |
100,00 |
TRADE REG. |
30/12/2007 |
|
|
AMELUS KFT |
HUNGARY |
100,00 |
TRADE REG. |
30/12/2008 |
You can obtain business information of foreign companies at the
page D&B INTERNATIONAL
POTENTIAL LINKS
Search for Link
by Administrator
Search Criterion: ”MANGO MNG HOLDING SL”
|
COMPANY |
POSITION |
PROVINCE |
|
MANGO MNG S.L. |
Administrador Único |
BARCELONA |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: ”PUNTO-FA SL”
URL: www.mango.com
2011 Punto Fa, S.L All rights reserved - Mango By
accessing this website you accept that neither Punto Fa, S.L. nor any ...
URL: investing.businessweek.com
PUNTO FA, S.L.: Private Company Information - BusinessWeek PUNTO FA,
S.L. designs, manufactures, and sells clothing and accessories for men and
women. It offers its products through a chain of stores in Spain and ...
URL: www.cylex-espana.es
PUNTO-FA S.L., GAVA, C PROGRES, 69 PUNTO-FA S.L., GAVA, C PROGRES, 69,
tendances, moda, frau, clothes, mode, tendencias, mode femme, shop, spanische
mode, moda textil, trends, por menor, ...
BUSINESS INFORMATION
Incorporation date: 13/12/1989
Establishment date: 01/01/1989
Founder’s Name: LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO
Activity: Wholesale of textiles
NACE 2009 CODE: 4641
NACE 2009 Activity: Wholesale of textiles
Environmental information: YES (Page 94 -
95) Annual financial report 2009
Latest employees figure: 3.640 (2010)
% of fixed employees: 100,00%
% of men: 21,99%
% of women: 78,01%
Employees evolution
|
|
|
|
Source: Annual financial report 2009
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
772 |
2.739 |
COMMERCIAL OPERATIONS
PURCHASES
Import Percentage: 60%
Imports from: PAISES DEL ESTE, ALEMANIA Y HONG KONG
SALES
Export Percentage: 73%
National Distribution: 27%
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
MANGO GARMENTS
ROM SRL |
YES |
|
IL CERRETO |
YES |
|
MNG MANGO
IRELAND |
YES |
|
LEMON FASHION |
YES |
|
MANGO SUOMY OY |
YES |
|
MANGO HAUSSMANN |
YES |
|
MANGO RUSSIA |
YES |
|
MANGO GARMENTS
HELLAS SA |
YES |
|
MANGO SLOVENSKO |
YES |
|
MANGONOR
PORTUGAL |
YES |
There are 41 Suppliers
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
MANGO GARMENTS ROM
SRL |
YES |
|
IL CERRETO |
YES |
|
MNG MANGO
IRELAND |
YES |
|
LEMON FASHION |
YES |
|
MANGO SUOMY OY |
YES |
|
MANGO HAUSSMANN |
YES |
|
MANGO RUSSIA |
YES |
|
MANGO GARMENTS
HELLAS SA |
YES |
|
MANGO SLOVENSKO |
YES |
|
MANGONOR
PORTUGAL |
YES |
There are 35 Clients
•
El 76,41% de su cifra de negocio corresponde a la
venta de wholesale.
•
El 23,22% de su cifra de negocio corresponde a la
venta de retail.
•
El 0,37% de su cifra de negocio corresponde a la
prestación de servicios.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO POPULAR ESPAÑOL, S.A. |
0002 |
PASSEIG DE GRACIA, 17 |
BARCELONA |
Barcelona |
|
BANCO DE SABADELL, S.A. |
|
|
|
|
|
BANCO SANTANDER, S.A. |
|
|
|
|
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
|
|
BARCELONA |
|
There are 4 bank entities registered
Brand name: MANGO (Valid)
Type: DENOMINATIVE Scope: NATIONAL
Date: 16/09/1999
There are 22 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 13/12/1989
Legal form: Limited Liability Company
Social Capital: 13.000,00 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2009)
B.O.R.M.E.
(OFFICIAL
COMPANIES REGISTRY GAZETTE)
Acts on activity: 3 (Last: 27/02/2002, first:
02/03/1993)
Acts on administrators: 53 (Last: 18/04/2011, first:
26/03/1991)
Acts on capital: 4 (Last: 08/08/2007, first:
17/03/1992)
Acts on creation: 0
Acts on filed accounts: 24 (Last: 20/01/2011, first:
13/11/1991)
Acts on identification: 1 (Last: 23/01/1995)
Acts on Information: 8 (Last: 08/08/2007, first:
05/12/1997)
Acts on proceedings: 2 (Last: 18/02/2000, first:
17/11/1999)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Appointments |
18/04/2011 |
172022 |
Barcelona |
|
Appointments |
23/12/2010 |
472156 |
Barcelona |
|
Appointments |
22/11/2010 |
429651 |
Barcelona |
|
Appointments |
11/02/2010 |
58296 |
Barcelona |
|
Resignations |
11/02/2010 |
58296 |
Barcelona |
|
Appointments |
08/01/2010 |
6039 |
Barcelona |
|
Resignations |
27/11/2009 |
496999 |
Barcelona |
|
Resignations |
27/11/2009 |
496997 |
Barcelona |
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Annual Filed Accounts (2009) |
20/01/2011 |
40567 |
Barcelona |
|
Annual Filed Accounts (2008) |
27/10/2009 |
766161 |
Barcelona |
|
Annual Filed Accounts (2007) |
26/01/2009 |
39539 |
Barcelona |
There are 95 acts registered
PRESS ARTICLES
Press summary by
type of information (last five years)
Legal notices: 0
Structural Data: 136 (Last: 09/05/2011, first: 05/01/2006)
Informative data: 26 (Last: 06/04/2011, first: 05/01/2006)
Financial Information: 21 (Last: 13/04/2011, first:
12/01/2007)
Negative information: 0
Business lines: 16 (Last: 08/10/2010, first: 17/05/2006)
Historical press releases: 230 (Last: 30/12/2005, first:
13/03/1995)
Latest press
article published
09/05/2011 LA VANGUARDIA (Page 67) BRANCHES
La firma catalana MANGO tiene previsto abrir en julio de 2011 su segunda
tienda Mango Touch en España y la primera en la calle (la otra que tiene está
en el centro comercial La Vaguada, en Madrid), y otras 15 en mercados
internacionales. Estará situada en la Rambla de Catalunya, en Barcelona.
Actualmente los complementos aportan un 10% de la facturación más de 100
millones de euros. Y las previsiones es que sigan creciendo.
30/04/2011 LA GACETA (Page 22) BRANCHES
MANGO invertirá 360 millones de euros en un nuevo centro logístico en
Lissá de Munt (Barcelona), que supondrá la creación de 1.500 empleos.
El recinto, cuya construcción comenzó el 29/04/11, tendrá 580.000 metros
cuadrados y albergará, además del centro logístico, tiendas, hoteles y cines.
La firma prevé cumplir con su promesa de doblar sus ventas y beneficios
en los próximos cuatro años. Por el momento abrirá 700 nuevos centros en varios
países. Ahora cuenta con 2018 establecimientos en todo el mundo.
21/04/2011 CINCO DIAS (Page 11) BRANCHES
MANGO ha abierto una segunda tienda en el aeropuerto de San Francisco
(Estados Unidos), con lo que ya son dos los establecimientos de que dispone en
EE UU y 10 en aeropuertos internacionales. Con estos dos establecimientos en la
ciudad norteamericana, la firma catalana ya suma 10 locales en el mercado
estadounidense.
13/04/2011 EXPANSIÓN (Page 8) FINANCIAL
DATA
En 2010, la facturación consolidada de MANGO alcanzó los 1.270 millones,
lo que supone un crecimiento interanual del 11%. Estas cifras incluyen las
ventas de tiendas propias y la venta al por mayor a franquicias. El volumen de
negocio total (incluyendo las ventas de franquicias) fue de 1.585 millones, un
6,6% más que en 2009. La buena marcha de la Cía se atribuye a la internacionalización
del grupo, elevándose hasta el 81% de la facturación el peso de las ventas en
el exterior en 2010. En el mercado español, el crecimiento de la cifra de
negocio fue de un 3,45% (240 millones). La inversión para 2011 será de 135
millones y prevé para este año la apertura de 700 puntos de venta.
13/04/2011 CINCO DIAS (Page 15) BRANCHES
El director general de MANGO, Enric Casi, avanzó que la empresa prevé
aumentar sus ventas un 20% el presente año, con la vista puesta sobre todo en
China y Rusia. A lo largo del presente año, la cadena tiene previsto abrir 60
puntos de venta en China y 40 en Rusia.
Durante 2010, MANGO abrió 380 puntos de venta (7 en España y 373 en el
extranjero), y entró por primera vez en Paraguay, Benin, Camerún, Islas Mauricio
y Senegal. En Europa, abrió tiendas en Francia, Alemania, Inglaterra, Italia y
Polonia, entre otros países, y ha reforzado su presencia en Suramérica y
América Central con nuevas tiendas en Argentina, Chile, Perú, Venezuela,
Guatemala, Cuba, México, Colombia y Ecuador.
There are 429 press articles registered for this company
Complementary
Information
Financial Information
El balance cerrado a 30/12/2009 (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 01/02/2011.
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 thousands €
|
|
30/12/2009 (12) |
% ASSETS |
30/12/2008 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
1.238.091,00 |
61,76 |
1.098.918,00 |
60,47 |
|
I. Intangible assets |
15.290,00 |
0,76 |
105.100,00 |
5,78 |
|
5. Software |
1.399,00 |
0,07 |
|
|
|
7. Other intangible assets |
13.891,00 |
0,69 |
|
|
|
II. Tangible fixed assets |
141.543,00 |
7,06 |
76.607,00 |
4,22 |
|
2. Technical fittings and other tangible assets |
139.054,00 |
6,94 |
|
|
|
3. Fixed assets in progress and advances |
2.489,00 |
0,12 |
|
|
|
III. Real-estate investments |
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
922.274,00 |
46,00 |
881.282,00 |
48,50 |
|
1. Net worth instruments |
878.576,00 |
43,82 |
881.282,00 |
48,50 |
|
2. Credits to companies |
43.698,00 |
2,18 |
|
|
|
V. Long Term Financial Investments |
4.800,00 |
0,24 |
35.929,00 |
1,98 |
|
1. Net worth instruments |
|
|
-21,00 |
0,00 |
|
2. Credits to third parties |
476,00 |
0,02 |
32.084,00 |
1,77 |
|
4. By-products |
83,00 |
0,00 |
|
|
|
5. Other financial assets |
4.241,00 |
0,21 |
3.866,00 |
0,21 |
|
VI. Assets by deferred taxes |
154.184,00 |
7,69 |
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
B) CURRENT ASSETS |
766.750,00 |
38,24 |
718.245,00 |
39,53 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
II. Stocks |
236.465,00 |
11,79 |
271.874,00 |
14,96 |
|
1. Goods available for sale |
219.361,00 |
10,94 |
|
|
|
2. Raw material inventory |
10.449,00 |
0,52 |
|
|
|
3. Work in Progress |
6.644,00 |
0,33 |
|
|
|
b) Short production cycle |
6.644,00 |
0,33 |
|
|
|
4. Finished goods |
11,00 |
0,00 |
|
|
|
b) Short production cycle |
11,00 |
0,00 |
|
|
|
III. Trade Debtors and other receivable accounts |
205.427,00 |
10,25 |
193.027,00 |
10,62 |
|
1. Clients |
134.605,00 |
6,71 |
129.975,00 |
7,15 |
|
b) Clients for sales and short term services
rendering |
134.605,00 |
6,71 |
|
|
|
2. Clients group and associated companies |
65.859,00 |
3,28 |
55.199,00 |
3,04 |
|
3. Other debts |
3.098,00 |
0,15 |
2.633,00 |
0,14 |
|
4. Staff |
72,00 |
0,00 |
61,00 |
0,00 |
|
6. Other credits with the Public Administrations |
1.793,00 |
0,09 |
5.159,00 |
0,28 |
|
IV. Short term investments in associated and affiliated companies |
|
|
41.598,00 |
2,29 |
|
2. Credits to companies |
|
|
41.598,00 |
2,29 |
|
V. Short term financial investments |
176.224,00 |
8,79 |
152.318,00 |
8,38 |
|
1. Net worth instruments |
|
|
25.889,00 |
1,42 |
|
2. Credits to companies |
165.409,00 |
8,25 |
126.429,00 |
6,96 |
|
3. Debt representative values |
10.723,00 |
0,53 |
|
|
|
4. By-products |
92,00 |
0,00 |
|
|
|
VI. Short term periodifications |
6.193,00 |
0,31 |
5.417,00 |
0,30 |
|
VII. Cash and equivalents |
142.441,00 |
7,10 |
54.011,00 |
2,97 |
|
1. Treasury |
107.233,00 |
5,35 |
54.011,00 |
2,97 |
|
2. Other cash equivalents |
35.208,00 |
1,76 |
|
|
|
TOTAL ASSETS (A + B) |
2.004.841,00 |
100,00 |
1.817.163,00 |
100,00 |
Alerts associated to the conversion to PGC2007
In the conversion process the amount of
goods obtained through leasing, that under PGC90 reaches %1 of the expenses,
has been maintained in the item “Intangible Assets”, as it is not possible to
estimate in a precise way
its accumulated amortization, as, according to they nature, they should be registered in the Tangible Assets.
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.
In
the conversion process there has been estimated that the total item 124080
“Provisions” according to PGC90 is associated to “Net Worth Instruments”.
In
the conversion process there could not be identified the value of “By-products”
contracted by the Company that are susceptible to be recorded under PGC2007.
In
the conversion process there has been estimated that the total item 144080
“Provisions” according to PGC90 is associated to “Net Worth Instruments”.
Net Worth and
Liabilities
Figures given in thousands €
|
|
30/12/2009 (12) |
% ASSETS |
30/12/2008 (12) |
% ASSETS |
|
A) NET WORTH |
462.377,00 |
23,06 |
372.832,00 |
20,52 |
|
A-1) Equity |
462.377,00 |
23,06 |
359.910,00 |
19,81 |
|
I. Capital |
13,00 |
0,00 |
13,00 |
0,00 |
|
1. Authorized capital |
13,00 |
0,00 |
13,00 |
0,00 |
|
II. Issue premium |
31.184,00 |
1,56 |
31.184,00 |
1,72 |
|
III. Reserves |
288.266,00 |
14,38 |
287.894,00 |
15,84 |
|
1. Legal and statutory |
3,00 |
0,00 |
3,00 |
0,00 |
|
2. Other funds |
288.263,00 |
14,38 |
287.891,00 |
15,84 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
VII. Exercise Result |
142.914,00 |
7,13 |
40.819,00 |
2,25 |
|
VIII. (Interim dividend) |
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
A-2) Value changes adjustments |
|
|
12.922,00 |
0,71 |
|
I. Financial assets available for sale |
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
IV. Conversion differences |
|
|
12.922,00 |
0,71 |
|
V. Other |
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
980.944,00 |
48,93 |
837.327,00 |
46,08 |
|
I. Long term provisions |
1.943,00 |
0,10 |
2.008,00 |
0,11 |
|
4. Other provisions |
1.943,00 |
0,10 |
2.008,00 |
0,11 |
|
II. Long term debts |
707.566,00 |
35,29 |
790.133,00 |
43,48 |
|
2. Debts with bank entities |
662.593,00 |
33,05 |
789.038,00 |
43,42 |
|
3. Financial leasing creditors |
41.577,00 |
2,07 |
|
|
|
4. By-products |
1.011,00 |
0,05 |
|
|
|
5. Other financial liabilities |
2.385,00 |
0,12 |
1.095,00 |
0,06 |
|
III. Long term debts with associated and affiliated companies |
259.005,00 |
12,92 |
37.402,00 |
2,06 |
|
IV. Liabilities by deferred taxes |
12.430,00 |
0,62 |
5.900,00 |
0,32 |
|
V. Long term periodifications |
|
|
1.884,00 |
0,10 |
|
VI. Non current trade creditors |
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
C) CURRENT LIABILITIES |
561.520,00 |
28,01 |
607.004,00 |
33,40 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
III. Short term debts |
434.679,00 |
21,68 |
315.050,00 |
17,34 |
|
2. Debts with bank entities |
413.150,00 |
20,61 |
315.050,00 |
17,34 |
|
3. Financial leasing creditors |
18.611,00 |
0,93 |
|
|
|
4. By-products |
1.010,00 |
0,05 |
|
|
|
5. Other financial liabilities |
1.908,00 |
0,10 |
|
|
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
V. Trade creditors and other payable accounts |
118.596,00 |
5,92 |
286.739,00 |
15,78 |
|
1. Suppliers |
92.367,00 |
4,61 |
170.169,00 |
9,36 |
|
b) Short term suppliers |
92.367,00 |
4,61 |
|
|
|
2. Suppliers group and associated companies |
10.142,00 |
0,51 |
102.502,00 |
5,64 |
|
3. Different creditors |
2.799,00 |
0,14 |
|
|
|
4. Staff (pending remunerations) |
4.539,00 |
0,23 |
4.201,00 |
0,23 |
|
6. Other debts with Public Administrations |
8.749,00 |
0,44 |
9.867,00 |
0,54 |
|
VI. Short term periodifications |
8.245,00 |
0,41 |
5.215,00 |
0,29 |
|
VII. Short term debts with special characteristics |
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
2.004.841,00 |
100,00 |
1.817.163,00 |
100,00 |
Alerts associated to the conversion to PGC2007
In
the conversion process there could not be identified the value of by-products
contracted by the Company that are susceptible to be recorded under PGC2007
In
the conversion process there has been made the assumption that the creditors
balance with the group and associated companies have a financial and not
commercial character.
In
the conversion process there has been made the assumption that the creditors
balance with the group and associated companies have a commercial and not
financial character.
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 thousands €
|
|
30/12/2009 (12) |
%OPERATING INCOME |
30/12/2008 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
1. Net Turnover |
806.732,00 |
90,97 |
822.764,00 |
90,07 |
|
A) Sales |
803.736,00 |
90,63 |
822.764,00 |
90,07 |
|
b) Services provided |
2.996,00 |
0,34 |
|
|
|
2. Variation in stocks of finished goods and work in progress |
-3.440,00 |
-0,39 |
-1.582,00 |
-0,17 |
|
3. Works for its own assets |
|
|
|
|
|
4. Supplies |
-423.569,00 |
-47,76 |
-426.661,00 |
-46,71 |
|
a) Material consumed |
-328.922,00 |
-37,09 |
-323.828,00 |
-35,45 |
|
b) Raw materials consumed |
-61.007,00 |
-6,88 |
-67.773,00 |
-7,42 |
|
c) Works carried out for other companies |
-33.640,00 |
-3,79 |
-35.060,00 |
-3,84 |
|
5. Other operating income |
80.083,00 |
9,03 |
90.744,00 |
9,93 |
|
a) Other incomes |
80.083,00 |
9,03 |
90.744,00 |
9,93 |
|
6. Labour cost |
-112.270,00 |
-12,66 |
-116.324,00 |
-12,73 |
|
a) Wages and similar expenses |
-86.701,00 |
-9,78 |
|
|
|
b) Social costs |
-25.569,00 |
-2,88 |
|
|
|
7. Other operating costs |
-182.283,00 |
-20,55 |
-193.095,00 |
-21,14 |
|
a) External services |
-179.142,00 |
-20,20 |
-185.213,00 |
-20,27 |
|
b) Taxes |
-1.400,00 |
-0,16 |
-1.355,00 |
-0,15 |
|
d) Other day to day expenses |
-1.741,00 |
-0,20 |
-6.527,00 |
-0,71 |
|
8. Amortization of fixed assets |
-28.750,00 |
-3,24 |
-21.478,00 |
-2,35 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
-5.527,00 |
-0,62 |
-49.592,00 |
-5,43 |
|
a) Deteriorations and losses |
-17.297,00 |
-1,95 |
-51.182,00 |
-5,60 |
|
b) Results for disposals and others |
11.770,00 |
1,33 |
1.590,00 |
0,17 |
|
12. Negative difference of business combinations |
|
|
|
|
|
13. Other results |
|
|
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
130.976,00 |
14,77 |
104.776,00 |
11,47 |
|
14. Financial income |
15.894,00 |
1,79 |
28.350,00 |
3,10 |
|
a) From net worth instruments participations |
1.682,00 |
0,19 |
3.108,00 |
0,34 |
|
a 1) On group and associated companies |
1.682,00 |
0,19 |
3.108,00 |
0,34 |
|
b) From negotiable values and other financial instruments |
14.212,00 |
1,60 |
25.242,00 |
2,76 |
|
b 1) From group and associated companies |
1.065,00 |
0,12 |
7.390,00 |
0,81 |
|
b 2) From third parties |
13.147,00 |
1,48 |
17.852,00 |
1,95 |
|
15. Financial expenses |
-33.958,00 |
-3,83 |
-69.853,00 |
-7,65 |
|
a) For debts with associated and affiliated companies |
-5.152,00 |
-0,58 |
-6.300,00 |
-0,69 |
|
b) For debts with third parties |
-28.806,00 |
-3,25 |
-63.553,00 |
-6,96 |
|
16. Reasonable value variation on financial instruments |
6.008,00 |
0,68 |
|
|
|
a) Negotiation portfolio and others |
6.008,00 |
0,68 |
|
|
|
17. Exchange differences |
-8.319,00 |
-0,94 |
-9.900,00 |
-1,08 |
|
18. Deterioration and result for disposal of financial instruments |
37,00 |
0,00 |
|
|
|
b) Results for disposals and others |
37,00 |
0,00 |
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-20.338,00 |
-2,29 |
-51.403,00 |
-5,63 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
110.638,00 |
12,48 |
53.373,00 |
5,84 |
|
20. Taxes on profits |
32.276,00 |
3,64 |
-12.554,00 |
-1,37 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
142.914,00 |
16,12 |
40.819,00 |
4,47 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
142.914,00 |
16,12 |
40.819,00 |
4,47 |
Alerts associated to the conversion to PGC2007
The
valuation norms applicable to extraordinary results and other exercises ones
have changed substantially and, for this reason the conversion of financial
statements of the formulation exercise of the accounts to PGC2007 could include
notable inaccuracies.
The
valuation norms applicable to deteriorations and results for assets disposal
have changed substantially and, for this reason, the conversion of financial
statements of the formulation exercise of the accounts to PGC2007 could include
notable inaccuracies.
Valuation
norms with relation to “Deteriorations and losses of fixed assets” have had
notable modifications and, for this reason the conversion process might contain
certain inaccuracies.
The
valuation norms applicable to deteriorations and results for assets disposal
have changed substantially and, for this reason, the conversion of financial
statements of the formulation exercise of the accounts to PGC2007 could include
notable inaccuracies. In the conversion process there have been made the
following assumptions: 1) the total “gains from disposal of fixed assets”
corresponds with results for disposal of fixed assets and not of financial
instruments. 2) no sale of non functional assets derived from discontinued
operations has taken place.
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.
In
the financial statements conversion process of the accounts formulation
exercise to PGC2007 it could not be identified the amount of discounts on
purchases for prompt payment that under PGC2007 are registered reducing
purchases and not as a financial income.
In
the financial statements conversion process of the accounts formulation
exercise to PGC2007 it could not be identified the amount of discounts on sales
for prompt payment that under PGC2007 are registered reducing sales and not as
a financial expense.
NET WORTH CHANGES STATUS
Status of
recognized income and expenses
Figures given in thousands €
|
NET WORTH CHANGES (1/2) |
30/12/2009 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
142.914,00 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
I. For valuation of financial instruments |
|
|
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) |
|
|
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) |
142.914,00 |
Total net worth
changes status
Figures given in thousands €
|
NET WORTH CHANGES ( 2 /2) |
ISSUE PREMIUM |
RESERVES |
EXERCISE RESULT |
TOTAL |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
31.184,00 |
294.358,00 |
40.819,00 |
366.374,00 |
|
I. Adjustments by change of criteria in the exercise (2008) |
|
106.439,00 |
|
106.439,00 |
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
31.184,00 |
400.797,00 |
40.819,00 |
472.813,00 |
|
I. Total recognized income and expenses |
|
|
142.914,00 |
142.914,00 |
|
II. Operations with partners or owners |
|
-153.350,00 |
|
-153.350,00 |
|
4. (-) Dividends distribution |
|
-153.350,00 |
|
-153.350,00 |
|
III. Other net worth variations |
|
40.819,00 |
-40.819,00 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
31.184,00 |
288.266,00 |
142.914,00 |
462.377,00 |
CASH FLOW STATUS
Figures given in thousands €
|
|
30/12/2009 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
1. exercise result before taxes |
110.638,00 |
|
2. Results adjustments |
54.618,00 |
|
a) Amortization of fixed assets (+) |
28.750,00 |
|
b) Value correction for deterioration (+/-) |
17.297,00 |
|
e) Results for decline and disposal of fixed assets (+/-) |
-11.767,00 |
|
f) Results for decline and disposal of financial instruments (+/-) |
-37,00 |
|
g) Financial income (-) |
-15.894,00 |
|
f) Financial expenses (+) |
33.958,00 |
|
i) Change difference (+/-) |
8.319,00 |
|
j) Reasonable value variation on financial instruments (+/-) |
-6.008,00 |
|
3. Changes in current capital |
-52.804,00 |
|
a) Stocks (+/-) |
35.409,00 |
|
b) Debtors and other receivable accounts (+/-) |
-12.400,00 |
|
c) Other current assets (+/-) |
-776,00 |
|
d) Creditors and other payable accounts (+/-) |
-78.134,00 |
|
f) Other non-current assets and liabilities (+/-) |
3.097,00 |
|
4. Other cash flow coming from operating activities |
-30.683,00 |
|
a) Interests payments (-) |
-33.958,00 |
|
c) Interests collections (+) |
15.894,00 |
|
d) Collections (payments) for profit tax (+/-) |
-12.554,00 |
|
e) Other payments (collections) (-/+) |
-65,00 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
81.769,00 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
6. Investment payments (-) |
-30.175,00 |
|
c) Tangible assets |
-30.175,00 |
|
7. Disinvestment collections (+) |
152.581,00 |
|
a) Group and associated companies |
114.808,00 |
|
c) Tangible assets |
26.266,00 |
|
e) Other financial assets |
11.507,00 |
|
8. Cash Flow in investment activities (6 + 7) |
122.406,00 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
9. Net worth instruments collections and payments |
|
|
10. Financial liabilities instruments collections and payments |
37.605,00 |
|
a) Issue |
119.629,00 |
|
3. Debts with group and associated companies (+) |
119.629,00 |
|
b) Return and amortization of |
-82.024,00 |
|
2. Debts with bank entities (-) |
-82.024,00 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
-153.350,00 |
|
a) Dividends (-) |
-153.350,00 |
|
12. Cash Flow in financing activities (9 + 10 + 11) |
-115.745,00 |
|
D) Exchange rate variations effect |
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
88.430,00 |
|
Cash or equivalents at the beginning of the exercise |
54.011,00 |
|
Cash or equivalents at the end of the exercise |
142.441,00 |
RATIOS
|
|
30/12/2009 (12) |
CHANGE % |
30/12/2008 (12) |
|
BALANCE RATIOS |
|||
|
Working Capital (€) |
205.230,00 |
84,49 |
111.241,00 |
|
Working capital ratio |
0,10 |
66,67 |
0,06 |
|
Soundness Ratio |
0,37 |
12,12 |
0,33 |
|
Average Collection Period (days) |
92 |
8,51 |
85 |
|
Average Payment Period (days) |
71 |
-57,67 |
167 |
|
LIQUIDITY RATIOS |
|||
|
Current Ratio (%) |
136,55 |
15,40 |
118,33 |
|
Quick Ratio (%) |
56,75 |
66,96 |
33,99 |
|
DEBT RATIOS |
|||
|
Borrowing percentage (%) |
69,89 |
11,15 |
62,88 |
|
External Financing Average Cost |
0,02 |
-66,67 |
0,06 |
|
Debt Service Coverage |
17,14 |
-6,54 |
18,34 |
|
Interest Coverage |
3,86 |
157,33 |
1,50 |
|
GENERAL AND ACTIVITIES RATIOS |
|||
|
Auto financing generated by sales (%) |
10,14 |
33,95 |
7,57 |
|
Auto financing generated by Assets (%) |
4,08 |
18,95 |
3,43 |
|
Breakdown Point |
1,19 |
3,48 |
1,15 |
|
Average Sales Volume per Employee |
233,29 |
3,21 |
226,03 |
|
Average Cost per Employee |
32,47 |
1,60 |
31,96 |
|
Assets Turnover |
0,40 |
-11,11 |
0,45 |
|
Inventory Turnover (days) |
201 |
-12,40 |
229 |
|
RESULTS RATIOS |
|||
|
Return on Assets (ROA) (%) |
6,53 |
13,17 |
5,77 |
|
Operating Profitability (%) |
7,69 |
82,23 |
4,22 |
|
Return on Equity (ROE) (%) |
23,93 |
61,36 |
14,83 |
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 |
61,76 |
20,60 |
41,15 |
|
A) CURRENT ASSETS |
38,24 |
79,40 |
-41,15 |
|
LIABILITIES |
|||
|
A) NET WORTH |
23,06 |
43,91 |
-20,84 |
|
B) NON CURRENT LIABILITIES |
48,93 |
5,71 |
43,21 |
|
C) CURRENT LIABILITIES |
28,01 |
50,38 |
-22,37 |
|
|
|
|
|
Analytical Account
of Results
Figures given in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
90,97 |
98,31 |
-7,34 |
|
Other operating income |
9,03 |
1,69 |
7,34 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-47,76 |
-70,85 |
23,09 |
|
Variation in stocks of finished goods and work in progress |
-0,39 |
0,02 |
-0,41 |
|
GROSS MARGIN |
51,85 |
29,18 |
22,67 |
|
Other operating costs |
-20,55 |
-13,62 |
-6,93 |
|
Labour cost |
-12,66 |
-9,82 |
-2,84 |
|
GROSS OPERATING RESULT |
18,63 |
5,73 |
12,90 |
|
Amortization of fixed assets |
-3,24 |
-1,26 |
-1,98 |
|
Deterioration and result for fixed assets disposal |
-0,62 |
0,01 |
-0,63 |
|
NET OPERATING RESULT |
14,77 |
4,47 |
10,30 |
|
Financial result |
-2,29 |
-1,20 |
-1,09 |
|
RESULT BEFORE TAX |
12,48 |
3,27 |
9,21 |
|
Taxes on profits |
3,64 |
-0,94 |
4,58 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
16,12 |
|
|
|
NET RESULT |
16,12 |
2,33 |
13,79 |
Main Ratios
|
|
COMPANY (2009) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
205.230,00 |
889,77 |
2.689,23 |
5.073,87 |
|
Working capital ratio |
0,10 |
0,14 |
0,28 |
0,46 |
|
Soundness Ratio |
0,37 |
1,39 |
2,79 |
5,14 |
|
Average Collection Period (days) |
92 |
82 |
114 |
134 |
|
Average Payment Period (days) |
71 |
21 |
60 |
90 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
136,55 |
1,20 |
1,53 |
2,25 |
|
Quick Ratio (%) |
56,75 |
0,05 |
0,12 |
0,52 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
69,89 |
10,08 |
27,82 |
45,39 |
|
External Financing Average Cost |
0,02 |
0,04 |
0,06 |
0,10 |
|
Debt Service Coverage |
17,14 |
1,03 |
5,49 |
14,15 |
|
Interest Coverage |
3,86 |
1,17 |
2,75 |
8,00 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
10,14 |
1,35 |
2,56 |
4,77 |
|
Auto financing generated by Assets (%) |
4,08 |
1,92 |
3,88 |
6,53 |
|
Breakdown Point |
1,19 |
1,02 |
1,03 |
1,06 |
|
Average Sales Volume per Employee |
233,29 |
239,91 |
395,89 |
610,52 |
|
Average Cost per Employee |
32,47 |
24,65 |
31,36 |
38,50 |
|
Assets Turnover |
0,40 |
1,11 |
1,40 |
1,78 |
|
Inventory Turnover (days) |
201 |
53 |
83 |
137 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
6,53 |
2,35 |
4,60 |
8,69 |
|
Operating Profitability (%) |
7,69 |
3,81 |
6,15 |
11,85 |
|
Return on Equity (ROE) (%) |
23,93 |
3,42 |
9,19 |
20,03 |
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.03 |
|
UK Pound |
1 |
Rs.74.43 |
|
Euro |
1 |
Rs.64.75 |
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 |
|
---- |
NB |
New Business |
---- |
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.