MIRA INFORM REPORT
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Report Date : |
19.03.2011 |
IDENTIFICATION DETAILS
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Name : |
PHB WESERHUTTE S.A. |
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Registered Office : |
Calle Luis Moya Blanco (Pq. Cientifico Y Tecnologico
De |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Architectural & engineering act. and related
technical consultancy |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
1.453.945,00 € |
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Status : |
Good |
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Payment
Behaviour : |
No Complaints |
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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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
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|
a2 |
a2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
company Name
PHB WESERHUTTE S.A.
EXECUTIVE SUMMARY
Identification
Current Business Name : PHB WESERHUTTE
S.A.
Commercial Name : PHB WESERHUTTE,
S.A.
Other names : YES
Current Address : CALLE LUIS
MOYA BLANCO (PQ. CIENTIFICO Y TECNOLOGICO DE GIJON), 82
33394 GIJON ASTURIAS
Branches : 1
Telephone number: 985134171 Fax: 985134222
URL : www.pwh.es
Corporate e-mail : pwh@pwh.es
Trade Risk
Credit Appraisal: 1.453.945,00 €
Incidents: YES
R.A.I.: NO
Bank and business defaults of payment - ASNEF INDUSTRIAL: YES
Financial Information
Balance sheet latest sales (2009): 44.697.699,51 € (Trade Register)
Result: 3.099.188,63 €
Total Assets: 35.985.333,69 €
Social Capital: 422.424,87 €
Employees: 58
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 04/07/1955
Activity: Architectural & engineering act.
and related technical consultancy
NACE 2009 CODE: 7112
International Operations: Exports
Corporate Structure
President:
Parent Company:
TSK ELECTRONICA Y ELECTRICIDAD SA
Participations: 5
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: 14/09/2010 Annual Filed Accounts
Latest press article: 17/12/2008 EL
COMERCIO (LEGAL ANNOUNCEMENTS)
Bank Entities: There are
The date when this report was last updated is 17/03/2011.
The information contained in this report has been investigated and
contrasted on 17/03/2011
Credit Appraisal
Maximum Credit
(from 0 to 6,000,000 €)
Favourable to 1.453.945,00 €
Financial Situation
Exercise:2009
|
Treasury |
Excellent |
|
Indebtedness |
Average |
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Profitability |
Sufficient |
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Balance |
Excellent |
Performance
|
Incidents |
Exceptional |
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Business
Trajectory |
Good |
INCIDENTS
Summary
LEGAL ACTIONS: 2 ( Last:23/01/1996 , first: 24/09/1993
)
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Insolvency Proceeding: |
2 |
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Civil Court: |
0 |
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Social Courts: |
0 |
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ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
Last Legal Actions
Figures expressed in €
INSOLVENCY PROCEEDING
|
DATE |
CLAIM TYPE |
INCIDENCE STATUS |
ASSETS |
LIABILITIES |
|
23/01/1996 |
BANKRUPTCY |
BANKRUPTCY / DEBTOR DISCHARGED |
|
|
|
25/04/1994 |
SUSPENSION OF PAYMENTS |
SUSPENSION OF PAYMENTS/AGREEMENT |
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|
There are 2 insolvency proceeding(s) registered
Details of the Latest Legal
Actions
Figures expressed in €
INSOLVENCY PROCEEDING
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Proceeding |
BANKRUPTCY |
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Conducted in |
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Writ Number |
651/1995 |
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Complaint Date |
23/01/1996 |
Record of the claim
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PHASE |
BANKRUPTCY /
DEBTOR DISCHARGED |
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|
Date of the Edict: 02/10/1997 |
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|
Source: Published in B.O.E. |
|
PHASE |
BANKRUPTCY/LIQUIDATION
AGREEMENT APPROVED |
|
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Date of the Edict: 14/03/1996 |
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Source: Published in B.O.E. |
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Observations: PAGO |
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PHASE |
BANKRUPTCY /
PROPOSAL OF AGREEMENT |
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Date of the Edict: 28/11/1995 |
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Source: Published in B.O.E. N. 284 |
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PHASE |
BANKRUPTCY/1ST
CREDITORS’ MEETING |
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Date of the Edict: 16/11/1995 |
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Source: Published in Gazette of |
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PHASE |
BANKRUPTCY |
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Date of the Edict: 26/12/2002 |
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Source: Published in EL COMERCIO |
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Observations: SE RETROTRAEN LOS EFECTOS DE LA QUIEBRA |
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PHASE |
BANKRUPTCY/APPOINTMENT
OF BANKRUPTCY COMMISSIONER |
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Date of the Edict: 26/12/2002 |
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Source: Published in B.O.E. N. 222 |
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Observations: FERNANDEZ ARCE DIEGO |
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PHASE |
BANKRUPTCY/RECEIVER
APPOINTMENT |
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Date of the Edict: 26/12/2002 |
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Source: Published in B.O.E. N. 222 |
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Observations: GARCIA HUERGO ALFREDO |
Plaintiffs
|
NAME |
DATE |
AMOUNT |
ENFORCEMENT NUMBER |
|
HACIENDA MUNICIPAL |
22/01/1996 |
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|
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TESORERIA GENERAL DE LA SEGURIDAD SOCIAL/ ACREEDOR PREFERENTE |
23/10/1995 |
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PRINCIPADO |
23/10/1995 |
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BANCO DEL COMERCIO SA (EXTINGUIDA) |
23/10/1995 |
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INTERROL SA |
23/10/1995 |
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BANK AND BUSINESS DEFAULTS OF PAYMENT
- ASNEF INDUSTRIAL
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CHARACTERISTICS OF THE OPERATION |
NON-PAYMENT CHARACTERISTICS |
||||||
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Creditor Type |
Product |
Amount of the operations |
Situation |
Number of non-payments |
Non-payment amount |
Date of the first non-payment |
Date of the last non-payment |
|
Credit Insurance Companies |
Insurance |
- |
Other |
1 |
8.022,56 |
30/07/2008 |
30/07/2008 |
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8.022,56 |
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This information has been obtained through a consultation made to the
ASNEF INDUSTRIAL file. It can just be used for credit granting, monitoring and
credit control. This information could not be uploaded in any database nor
reused and could not be copied or reproduced or transferred to third parties.
ASNEF INDUSTRIAL is a brand property of Equifax Ibérica, S.L.
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
11/03/2011 12:03:05
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 |
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A) NON CURRENT ASSETS |
2.218.100,29 |
6,16 |
2.310.740,30 |
8,07 |
1.136.721,77 |
4,33 |
|
B) CURRENT ASSETS |
33.767.233,40 |
93,84 |
26.306.116,35 |
91,93 |
25.093.311,64 |
95,67 |
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LIABILITIES |
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A) NET WORTH |
9.754.078,60 |
27,11 |
6.669.069,08 |
23,30 |
4.195.200,80 |
15,99 |
|
B) NON CURRENT LIABILITIES |
582.906,59 |
1,62 |
108.380,00 |
0,38 |
201.500,00 |
0,77 |
|
C) CURRENT LIABILITIES |
25.648.348,50 |
71,27 |
21.839.407,57 |
76,32 |
21.833.332,61 |
83,24 |
Profit and Loss
Account Analysis
Figures given in €
|
|
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2007 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
44.697.699,51 |
|
41.262.190,63 |
|
38.593.304,32 |
|
|
GROSS MARGIN |
7.798.337,77 |
17,45 |
7.298.690,77 |
17,69 |
5.534.833,94 |
14,34 |
|
EBITDA |
4.315.012,32 |
9,65 |
3.474.672,79 |
8,42 |
1.735.943,53 |
4,50 |
|
EBIT |
4.217.247,18 |
9,44 |
3.435.475,75 |
8,33 |
1.812.013,37 |
4,70 |
|
NET RESULT |
3.099.188,63 |
6,93 |
2.473.868,52 |
6,00 |
1.229.303,08 |
3,19 |
|
EFFECTIVE TAX RATE (%) |
22,10 |
|
19,74 |
|
21,13 |
|
COMPARATIVE SECTOR ANALYSIS
Values table
Figures expressed in %
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|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
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BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|
|
|
|
A) NON CURRENT ASSETS |
6,16 |
39,53 |
-33,37 |
|
A) CURRENT ASSETS |
93,84 |
60,47 |
33,37 |
|
LIABILITIES |
|
|
|
|
A) NET WORTH |
27,11 |
29,15 |
-2,04 |
|
B) NON CURRENT LIABILITIES |
1,62 |
17,46 |
-15,84 |
|
C) CURRENT LIABILITIES |
71,27 |
53,39 |
17,89 |
|
|
|
|
|
|
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COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
99,87 |
97,82 |
2,05 |
|
GROSS MARGIN |
17,42 |
53,19 |
-35,76 |
|
EBITDA |
9,64 |
10,08 |
-0,43 |
|
EBIT |
9,42 |
7,54 |
1,88 |
|
NET RESULT |
6,92 |
7,06 |
-0,13 |
Sector Composition
Compared sector (NACE 2009): 7112
Number of companies: 41
Size (Sales Figure): > 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 |
3.099.188,63 |
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 |
3.099.188,63 |
|
Total of Amounts to be distributed |
3.099.188,63 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
3.099.188,63 |
Auditing
Source: filing of annual financial statement 2009
Auditors’ opinion: FAVOURABLE
Auditor: HORWATH AUDITORES ESPANA S.L.
Auditing fees: 7.920,00 €
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 LUIS MOYA BLANCO (PQ. CIENTIFICO Y TECNOLOGICO DE
33394
Previous Seat Address:
CALLE SAN LUIS 21
33205
Characteristics of
the current address
Type of establishment: office
Local Situation: secondary
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE |
33203 |
|
|
There are 1 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE
LINKS
Main Board
members, Directors and Auditor
|
POSITION |
NAME AND SURNAME |
APPOINTMENT DATE |
|
|
PRESIDENT |
GARCIA VALLINA SABINO |
28/10/2009 |
|
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MANAGING DIRECTOR |
BETEGON BIEMPICA ARTURO |
28/10/2009 |
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MEMBER OF THE BOARD |
GARCIA GARCIA FRANCISCO JAVIER |
28/10/2009 |
|
|
MEMBER OF THE BOARD |
GONZALEZ MENENDEZ VICTOR JOSE |
28/10/2009 |
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MEMBER OF THE BOARD |
GARCIA RICO JOAQUIN |
28/10/2009 |
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AUDITOR |
APPOINTMENT DATE |
||
|
HORWATH AUDITORES ESPANA SL |
04/03/2009 |
||
There are 6 board members, directors and auditors registered
In case you need more information you can request:Board Members
Monitoring
Functional
Managers
|
POSITION |
NAME AND SURNAME |
|
General Manager |
FUENTES MIGUEL ANGEL |
|
Financial Director |
GARCIA JAVIER |
|
Commercial Director |
PARDO JOSE RAMON |
FINANCIAL LINKS
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
TSK ELECTRONICA Y ELECTRICIDAD SA |
A48035901 |
99,98 |
OWN SOURCES |
17/03/2011 |
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GARCIA RICO JOAQUIN |
|
Indef. |
OWN SOURCES |
20/01/2010 |
There are 2 direct financial links through shareholders
registered
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
GRUPO CONORT-TSK |
|
100,00 |
TRADE REG. |
31/12/1997 |
|
|
CONORT, INGENIERIA Y MONTAJES ELECTRICOS SA (EXTINGUIDA) |
A33693284 |
99,98 |
B.O.R.M.E. |
27/12/2010 |
Company with rating inferior to 7
|
|
BUSINESS NAME |
CIF / COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ESGUILA S.L. |
B33935057 |
20,00 |
TRADE REG. |
31/12/2009 |
|
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EMBUTE S.L. |
B33935081 |
20,00 |
TRADE REG. |
31/12/2009 |
|
|
SANTIANES S.L. |
B33935065 |
20,00 |
TRADE REG. |
31/12/2009 |
|
|
DURO FELGUERA SA |
A28004026 |
Indef. |
TRADE REG. |
31/12/2009 |
|
|
TSK ENERGIA DESENVOLVIMIENTO LTDA |
|
Indef. |
TRADE REG. |
31/12/2009 |
There are 5 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. |
|
|
DCM SOLAR 1 |
B33967878 |
100,00 |
B.O.R.M.E. |
08/03/2010 |
|
|
DURO FELGUERA PLANTAS INDUSTRIALES SA INGENIERIA DE MANUTENCION ASTURIANA
SA PHB WESERHUTTE SA DAORJE SA UTE LINEA DE HOJALATA 3 LEY 18/1982 |
U33884685 |
25,00 |
TRADE REG. |
31/12/2005 |
Company with rating inferior to 7
POTENTIAL LINKS
Search for Link by
Administrator
Search Criterion: ”GARCIA VALLINA SABINO “
|
COMPANY |
POSITION |
PROVINCE |
|
TSK ELECTRONICA Y ELECTRICIDAD SA |
Presidente |
|
|
SIRIUS SOLAR SOCIEDAD LIMITADA. |
Presidente |
|
|
ESTUDIOS Y EXPLOTACION DE RECURSOS SA |
Presidente |
|
|
FOTOVOLTAICA |
Administrador solidario / mancomunado |
|
|
SANAMA SL |
|
|
In case you need more information you can request:Board Members
Monitoring
Search Criterion: ”PHB WESERHUTTE”
URL: www.pwh.es
PHB Weserhütte, S.A En 1980 PHB, A.G. y otra empresa alemana del
sector, Weserhütte A.G. llegan a un acuerdo de fusión en Alemania formando el
grupo PHB Weserhütte A.G. o PWH. ...
URL: www.tsk.es
Inicio Energía y Plantas Industriales · PHB · Instalaciones para Manejo
y Almacenamiento de Materias Primas · logotipo TSK · Montaje, Operación y
Mantenimiento de ...
URL: www.anuarioguia.com
PHB Weserhütte - anuario guía | atlas industrial - Empresa PHB
Weserhütte S.A.. San Luis, 21 Bajo 33205 Gijón -
URL: www.linkedin.com
PHB Weserhütte-Grupo TSK | LinkedIn Welcome to the company profile of PHB
Weserhütte-Grupo TSK on LinkedIn.
CREDIT INFORMATION
Incorporation date: 04/07/1955
Activity: Architectural & engineering act. and related
technical consultancy
NACE 2009 CODE: 7112
NACE 2009 Activity: Engineering activities and related technical
consultancy
Business: REALIZACION DE INGENIERIA, FABRICACION, SUMINISTROS
DE INSTALACIONES INDUSTRIALES, MANUTENCION, MINERIA PORTUARIAS. ETC. COMPRA
VENTA, IMPORTACION, EXPORTACION DE TODA CLASE DE BIENES MUEBLES E INMUEBLES.
Activity description: REALIZACION DE TRABAJOS Y PROYECTOS DE
INGENIERIA.
Latest employees figure: 58 (2010)
% of fixed employees: 51,72%
% of temporary employees: 48,28%
% of men: 84,75%
% of women: 15,25%
Employees
evolution
|
|
Source: Annual financial report 2009
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
50 |
9 |
SALES
Credit collections: 100%
Export Percentage: 72%
Exports to: UE Y RESTO
National Distribution: 28%
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
IRELSA |
NO |
|
INGEMAS |
NO |
|
TSK SA |
NO |
There are 3 Suppliers
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
INGEMAS |
NO |
|
TSK SA |
NO |
There are 2 Clients
•
El 99,45 % de su cifra de negocio corresponde a la
actividad de ingeniería.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
|
|
|
|
|
BANCO CAIXA GERAL, |
|
|
|
|
|
BANCO DE SABADELL, S.A. |
|
|
|
|
|
BANCO POPULAR |
|
|
|
|
|
BARCLAYS BANK, S.A. |
|
|
|
|
There are 11 bank entities registered
Discount facilities: 0
Credit policy: 7
Mortgage loan: 0
Loans with no real security: 1
|
|
|
|
Entity:BANCO HERREO Debt type:Credit policy Interest type:2.75% Expiry date: 31/12/2009 |
Granted limit:300.000,00 € Used limit:97.688,26 € Available limit:202.311,74
€ Source: Filed Accounts (2009) |
|
|
|
|
Entity:CAJA DE AHORROS Y PENSIONES DE Debt type:Credit policy Interest type:EURIBOR +
1.35% Expiry date: 31/12/2009 |
Granted limit:500.000,00 € Used limit:35.669,10 € Available limit:464.330,90
€ Source: Filed Accounts (2009) |
|
|
|
|
Entity:CAIXA GERAL Debt type:Credit policy Interest type:EURIBOR +
1.5% Expiry date: 31/12/2009 |
Granted limit:600.000,00 € Used limit:181.827,71 € Available limit:418.172,29
€ Source: Filed
Accounts (2009) |
|
|
|
|
Entity:BANESTO Debt type:Credit policy Interest type:3.89% Expiry date: 31/12/2009 |
Granted limit:1.000.000,00 € Used limit:5.767,76 € Available limit:994.232,24
€ Source: Filed
Accounts (2009) |
|
|
|
|
Entity:CAJA DE AHORROS Y M.P. Debt type:Credit policy Interest type:2.25% Expiry date: 31/12/2009 |
Granted limit:1.000.000,00 € Used limit:476.706,02 € Available limit:523.293,98
€ Source: Filed
Accounts (2009) |
There are 8 bank operations registered
Grants
|
|
|
|
Grant type: Other grants (grouped amounts or not
classified) Granting year: 2009 |
Nominal amount: 995,93 € Source: Filed
Accounts (2009) |
There are 1 grants registered
Brand name: PWH (Valid)
Type: GRAPHICAL Scope: COMMUNITARY
Date: 13/11/2009
Brand name: PHB WESERHUTTE (Valid)
Type: GRAPHICAL Scope: COMMUNITARY
Date: 13/11/2009
Brand name: PHB (Valid)
Type: GRAPHICAL Scope: COMMUNITARY
Date: 10/12/2002
There are 13 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 04/07/1955
Legal form: Joint-stock Company
Social Capital: 422.424,87 €
Paid-up capital: 422.424,87 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2008)
B.O.R.M.E.
(OFFICIAL COMPANIES
REGISTRY GAZETTE)
· Acts on activity: 1 (Last: 20/04/1994)
· Acts on administrators: 26 (Last: 08/04/2010, first: 05/02/1991)
· Acts on capital: 0
· Acts on creation: 0
· Acts on filed accounts: 21 (Last: 14/09/2010, first: 22/08/1991)
· Acts on identification: 3 (Last: 02/03/2009, first: 20/06/1996)
· Acts on Information: 5 (Last: 02/03/2009, first: 20/04/1994)
· Acts on proceedings: 4 (Last: 22/04/1996, first: 04/05/1993)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Appointments |
08/04/2010 |
140839 |
|
|
Re-elections |
28/10/2009 |
450106 |
|
|
Appointments |
28/10/2009 |
450106 |
|
|
Resignations |
28/10/2009 |
450106 |
|
|
Re-elections |
04/03/2009 |
111324 |
|
|
Appointments |
04/03/2009 |
111323 |
|
|
Change of registered address |
02/03/2009 |
105850 |
|
|
Modification of the Articles of Association |
02/03/2009 |
105850 |
|
Latest filed accounts
|
ACT |
DATE |
NOTICE NUM. |
TRADE REGISTER |
|
Annual Filed Accounts (2009) |
14/09/2010 |
535854 |
|
|
Annual Filed Accounts (2008) |
22/09/2009 |
446500 |
|
|
Annual Filed Accounts (2007) |
03/09/2008 |
392075 |
|
There are 60 acts registered
PRESS ARTICLES
Press summary by
type of information (last five years)
Legal notices: 1 (Last: 17/12/2008)
Structural Data: 1 (Last: 18/04/2007)
Informative data: 2 (Last: 07/11/2008, first: 28/09/2008)
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 11 (Last: 15/05/2003, first:
11/02/1993)
Latest press
article published
17/12/2008 EL COMERCIO - LEGAL ANNOUNCEMENTS
ESTA SDAD. HA TRASLADADO SU DOMICILIO SOCIAL AL PARQUE CIENTIFICO Y
TECNOLOGICO, C/ LUIS MOYA, N. 82. EN
07/11/2008 LA GACETA - GENERAL INFORMATION
TUDELA VEGUIN, MATRIZ DEL GRUPO MASAVEU, INVERTIRA 45 MM. PARA FABRICAR
MAS CEMENTO EN SU FABRICA DE ABOÑO Y REDUCIR, ADEMAS, LAS EMISIONES DE CO2. EN
ABRIL DE 2010, LA PLANTA REMODELADA ESTARA LISTA
28/09/2008 EL COMERCIO - GENERAL INFORMATION
LA INGENIERIA GIJONESA TSK PARTICIPA EN LA MAYOR PLANTA DE FERTILIZANTES
DEL MUNDO, UBICADA EN RAS-AZ-ZAWR (
18/04/2007 CINCO DIAS - SHAREHOLDERS AND
HOLDINGS
TSK HA REDUCIDO SU PARTICIPACION ACCIONARIAL EN DURO FELGUERA
15/05/2003 EMPRESA XXI - GENERAL INFORMATION
ATLANTICA DE GRANELES HA ADJUDICADO LOS CONTRATOS PARA ACOMETER LA
PRIMERA FASE DE LA CONSTRUCCION DE SU NUEVA PLANTA EN EL PUERTO DE BILBAO POR
UN VALOR DE 10,5 MM DE EUROS, SOBRE UN PRESUPUESTO TOTAL DE 37,5 MM. LA OBRA,
QUE YA HA COMENZADO, HA ADJUDICADO SU DIRECCION Y GESTION A LA INGENIERIA
BILBAINA SERIDOM. PHB WERTHUETTE SE HARA CARGO DE LOS PRINCIPALES EQUIPOS DE
TRANSPORTE Y MANEJO CERRADO DE MATERIALES. TALLERES MECANICOS PRADO CONSTRUIRA
LA NAVE CERRADA DE ALMACENAMIENTO Y ELDU SUMINISTRARA LAS LINEAS DE ALTA
TENSION. EL PROYECTO ADJUDICARA POSTERIORMENTE LOS RESTANTES 27 MM DE
EUROS.
There are 15 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.
El balance cerrado a 31/12/2008 (Deposito 2008) 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 27/09/2010.
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 |
2.218.100,29 |
6,16 |
2.310.740,30 |
8,07 |
1.136.721,77 |
4,33 |
|
I. Intangible assets |
|
|
|
|
|
|
|
II. Tangible fixed assets |
2.144.410,72 |
5,96 |
2.242.175,86 |
7,84 |
1.091.806,93 |
4,16 |
|
1. Property, plant and equipment |
1.286.212,02 |
3,57 |
1.286.212,02 |
4,49 |
|
|
|
2. Technical fittings and other tangible assets |
858.198,70 |
2,38 |
955.963,84 |
3,34 |
|
|
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
71.897,80 |
0,20 |
66.772,67 |
0,23 |
|
|
|
1. Net worth instruments |
71.897,80 |
0,20 |
66.772,67 |
0,23 |
|
|
|
V. Long Term Financial Investments |
1.791,77 |
0,00 |
1.791,77 |
0,01 |
44.914,84 |
0,17 |
|
1. Net worth instruments |
|
|
|
|
43.123,07 |
0,16 |
|
5. Other financial assets |
1.791,77 |
0,00 |
1.791,77 |
0,01 |
1.791,77 |
0,01 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
33.767.233,40 |
93,84 |
26.306.116,35 |
91,93 |
25.093.311,64 |
95,67 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
720,00 |
0,00 |
|
|
|
|
|
6. Pre-payments to suppliers |
720,00 |
0,00 |
|
|
|
|
|
III. Trade Debtors and other receivable accounts |
25.510.257,43 |
70,89 |
20.569.174,85 |
71,88 |
24.927.766,41 |
95,04 |
|
1. Clients |
22.601.817,04 |
62,81 |
15.860.259,60 |
55,42 |
18.887.725,52 |
72,01 |
|
b) Clients for sales and short term services
rendering |
22.601.817,04 |
62,81 |
15.860.259,60 |
55,42 |
|
|
|
2. Clients group and associated companies |
1.105.946,76 |
3,07 |
4.337.394,77 |
15,16 |
4.343.431,57 |
16,56 |
|
3. Other debts |
56.600,00 |
0,16 |
|
|
298.895,83 |
1,14 |
|
6. Other credits with the Public Administrations |
1.745.893,63 |
4,85 |
371.520,48 |
1,30 |
1.397.713,49 |
5,33 |
|
IV. Short term investments in associated and affiliated companies |
7.550.292,43 |
20,98 |
3.799.341,35 |
13,28 |
|
|
|
5. Other financial assets |
7.550.292,43 |
20,98 |
3.799.341,35 |
13,28 |
|
|
|
V. Short term financial investments |
14.603,44 |
0,04 |
14.603,44 |
0,05 |
14.603,44 |
0,06 |
|
5. Other financial assets |
14.603,44 |
0,04 |
14.603,44 |
0,05 |
14.603,44 |
0,06 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
691.360,10 |
1,92 |
1.922.996,71 |
6,72 |
150.941,79 |
0,58 |
|
1. Treasury |
691.360,10 |
1,92 |
1.922.996,71 |
6,72 |
150.941,79 |
0,58 |
|
TOTAL ASSETS (A + B) |
35.985.333,69 |
100,00 |
28.616.856,65 |
100,00 |
26.230.033,41 |
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 |
9.754.078,60 |
27,11 |
6.669.069,08 |
23,30 |
4.195.200,80 |
15,99 |
|
A-1) Equity |
9.768.257,71 |
27,15 |
6.669.069,08 |
23,30 |
4.195.200,80 |
15,99 |
|
I. Capital |
422.424,87 |
1,17 |
422.424,87 |
1,48 |
422.424,87 |
1,61 |
|
1. Authorized capital |
422.424,87 |
1,17 |
422.424,87 |
1,48 |
422.424,87 |
1,61 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
6.246.644,21 |
17,36 |
3.772.775,69 |
13,18 |
2.543.472,85 |
9,70 |
|
1. Legal and statutory |
84.486,68 |
0,23 |
84.486,68 |
0,30 |
84.486,68 |
0,32 |
|
2. Other funds |
6.162.157,53 |
17,12 |
3.688.289,01 |
12,89 |
2.458.986,17 |
9,37 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
3.099.188,63 |
8,61 |
2.473.868,52 |
8,64 |
1.229.303,08 |
4,69 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
-14.179,11 |
-0,04 |
|
|
|
|
|
I. Financial assets available for sale |
|
|
|
|
|
|
|
II. Coverage operations |
-14.179,11 |
-0,04 |
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
|
|
IV. Conversion differences |
|
|
|
|
|
|
|
V. Other |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
582.906,59 |
1,62 |
108.380,00 |
0,38 |
201.500,00 |
0,77 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
582.906,59 |
1,62 |
108.380,00 |
0,38 |
201.500,00 |
0,77 |
|
2. Debts with bank entities |
496.467,48 |
1,38 |
|
|
|
|
|
4. By-products |
14.179,11 |
0,04 |
|
|
|
|
|
5. Other financial liabilities |
72.260,00 |
0,20 |
108.380,00 |
0,38 |
201.500,00 |
0,77 |
|
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 |
25.648.348,50 |
71,27 |
21.839.407,57 |
76,32 |
21.833.332,61 |
83,24 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
2.378.033,84 |
6,61 |
3.727.029,80 |
13,02 |
8.188.412,24 |
31,22 |
|
2. Debts with bank entities |
2.334.305,51 |
6,49 |
3.610.643,49 |
12,62 |
8.188.412,24 |
31,22 |
|
5. Other financial liabilities |
43.728,33 |
0,12 |
116.386,31 |
0,41 |
|
|
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
23.270.314,66 |
64,67 |
18.112.377,77 |
63,29 |
13.644.920,37 |
52,02 |
|
1. Suppliers |
11.090.069,33 |
30,82 |
9.721.862,79 |
33,97 |
11.778.032,15 |
44,90 |
|
b) Short term suppliers |
11.090.069,33 |
30,82 |
9.721.862,79 |
33,97 |
|
|
|
2. Suppliers group and associated companies |
3.993.834,83 |
11,10 |
3.957.080,35 |
13,83 |
|
|
|
3. Different creditors |
45.985,68 |
0,13 |
45.985,68 |
0,16 |
|
|
|
4. Staff (pending remunerations) |
33.991,06 |
0,09 |
36.164,26 |
0,13 |
35.896,83 |
0,14 |
|
6. Other debts with Public Administrations |
905.177,53 |
2,52 |
459.752,59 |
1,61 |
94.442,34 |
0,36 |
|
7. Clients pre-payments |
7.201.256,23 |
20,01 |
3.891.532,10 |
13,60 |
1.736.549,05 |
6,62 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
35.985.333,69 |
100,00 |
28.616.856,65 |
100,00 |
26.230.033,41 |
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) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
31/12/2007 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
44.697.699,51 |
99,87 |
41.262.190,63 |
99,54 |
38.593.304,32 |
99,55 |
|
A) Sales |
44.697.699,51 |
99,87 |
41.262.190,63 |
99,54 |
38.593.304,32 |
99,55 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-36.958.197,67 |
-82,58 |
-34.155.854,22 |
-82,39 |
-33.231.196,94 |
-85,72 |
|
a) Material consumed |
6.234,54 |
0,01 |
|
|
-33.231.196,94 |
-85,72 |
|
b) Raw materials consumed |
-29.703.455,10 |
-66,37 |
-27.176.545,38 |
-65,56 |
|
|
|
c) Works carried out for other companies |
-7.260.977,11 |
-16,22 |
-6.979.308,84 |
-16,84 |
|
|
|
5. Other operating income |
58.835,93 |
0,13 |
192.354,36 |
0,46 |
172.726,56 |
0,45 |
|
a) Other incomes |
57.840,00 |
0,13 |
56.700,00 |
0,14 |
61.814,24 |
0,16 |
|
b) Operating grants included in the exercise result |
995,93 |
0,00 |
135.654,36 |
0,33 |
110.912,32 |
0,29 |
|
6. Labour cost |
-2.632.843,23 |
-5,88 |
-2.331.650,87 |
-5,62 |
-2.166.709,16 |
-5,59 |
|
a) Wages and similar expenses |
-2.133.046,24 |
-4,77 |
-1.860.339,81 |
-4,49 |
|
|
|
b) Social costs |
-499.796,99 |
-1,12 |
-471.311,06 |
-1,14 |
|
|
|
7. Other operating costs |
-1.015.472,89 |
-2,27 |
-1.332.081,84 |
-3,21 |
-1.519.778,33 |
-3,92 |
|
a) External services |
-1.005.833,23 |
-2,25 |
-1.323.443,63 |
-3,19 |
-1.602.303,48 |
-4,13 |
|
b) Taxes |
-9.639,66 |
-0,02 |
-8.638,21 |
-0,02 |
-6.849,74 |
-0,02 |
|
c) Losses, deterioration and variation on business operations
provisions |
|
|
|
|
114.002,92 |
0,29 |
|
d) Other day to day expenses |
|
|
|
|
-24.628,03 |
-0,06 |
|
8. Amortization of fixed assets |
-97.765,14 |
-0,22 |
-39.197,04 |
-0,09 |
-37.933,08 |
-0,10 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
-160.285,27 |
-0,39 |
1.600,00 |
0,00 |
|
b) Results for disposals and others |
|
|
-160.285,27 |
-0,39 |
1.600,00 |
0,00 |
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
164.990,67 |
0,37 |
|
|
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
4.217.247,18 |
9,42 |
3.435.475,75 |
8,29 |
1.812.013,37 |
4,67 |
|
14. Financial income |
11.483,63 |
0,03 |
20.454,27 |
0,05 |
62.605,24 |
0,16 |
|
a) From net worth instruments participations |
2.518,62 |
0,01 |
18.466,83 |
0,04 |
62.582,22 |
0,16 |
|
a 2) On third parties |
2.518,62 |
0,01 |
18.466,83 |
0,04 |
62.582,22 |
0,16 |
|
b) From negotiable values and other financial instruments |
8.965,01 |
0,02 |
1.987,44 |
0,00 |
23,02 |
0,00 |
|
b 2) From third parties |
8.965,01 |
0,02 |
1.987,44 |
0,00 |
23,02 |
0,00 |
|
15. Financial expenses |
-374.446,07 |
-0,84 |
-363.022,01 |
-0,88 |
-315.942,24 |
-0,81 |
|
b) For debts with third parties |
-374.446,07 |
-0,84 |
-363.022,01 |
-0,88 |
-315.942,24 |
-0,81 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
124.187,37 |
0,28 |
-10.432,88 |
-0,03 |
-130,46 |
0,00 |
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-238.775,07 |
-0,53 |
-353.000,62 |
-0,85 |
-253.467,46 |
-0,65 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
3.978.472,11 |
8,89 |
3.082.475,13 |
7,44 |
1.558.545,91 |
4,02 |
|
20. Taxes on profits |
-879.283,48 |
-1,96 |
-608.606,61 |
-1,47 |
-329.242,83 |
-0,85 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
3.099.188,63 |
6,92 |
2.473.868,52 |
5,97 |
1.229.303,08 |
3,17 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
3.099.188,63 |
6,92 |
2.473.868,52 |
5,97 |
1.229.303,08 |
3,17 |
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 |
3.099.188,63 |
2.473.868,52 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
|
|
|
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) |
3.099.188,63 |
2.473.868,52 |
Total net worth
changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
EXERCISE RESULT |
OTHER NET WORTH INSTRUMENTS |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
422.424,87 |
2.543.472,85 |
1.229.303,08 |
|
|
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) |
422.424,87 |
2.543.472,85 |
1.229.303,08 |
|
|
I. Total recognized income and expenses |
|
|
2.473.868,52 |
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
1.229.302,84 |
-1.229.302,84 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
422.424,87 |
3.772.775,69 |
2.473.868,52 |
|
|
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) |
422.424,87 |
3.772.775,69 |
2.473.868,52 |
|
|
I. Total recognized income and expenses |
|
|
3.099.188,63 |
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
2.473.868,52 |
-2.473.868,52 |
-14.179,11 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
422.424,87 |
6.246.644,21 |
3.099.188,63 |
-14.179,11 |
|
NET WORTH CHANGES ( 3 /3) |
VALUE CHANGES ADJUSTMENT |
TOTAL |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
|
4.195.200,80 |
|
|
|
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) |
|
4.195.200,80 |
|
|
|
I. Total recognized income and expenses |
|
2.473.868,52 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
0,24 |
0,24 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
|
6.669.069,08 |
|
|
|
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) |
|
6.669.069,08 |
|
|
|
I. Total recognized income and expenses |
|
3.099.188,63 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
-14.179,11 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
|
9.754.078,60 |
|
|
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 |
3.978.472,11 |
3.082.475,13 |
|
2. Results adjustments |
460.727,58 |
347.560,49 |
|
a) Amortization of fixed assets (+) |
97.765,14 |
39.197,04 |
|
c) Change of Provisions (+/-) |
|
-31.584,08 |
|
e) Results for decline and disposal of fixed assets (+/-) |
|
-2.620,21 |
|
g) Financial income (-) |
-11.483,63 |
-20.454,27 |
|
f) Financial expenses (+) |
374.446,07 |
363.022,01 |
|
3. Changes in current capital |
-3.713.517,60 |
4.034.746,48 |
|
b) Debtors and other receivable accounts (+/-) |
-3.567.429,43 |
-619.000,77 |
|
c) Other current assets (+/-) |
-5.125.824,23 |
769.925,52 |
|
d) Creditors and other payable accounts (+/-) |
1.404.961,02 |
2.032.983,23 |
|
e) Other current liabilities (+/-) |
3.574.775,04 |
1.850.838,50 |
|
4. Other cash flow coming from operating activities |
-1.063.545,09 |
879.091,59 |
|
a) Interests payments (-) |
-374.446,07 |
-363.022,01 |
|
c) Interests collections (+) |
11.483,63 |
20.454,27 |
|
d) Collections (payments) for profit tax (+/-) |
-700.582,65 |
1.221.659,33 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
-337.863,00 |
8.343.873,69 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
|
6. Investment payments (-) |
-5.125,13 |
-1.215.835,78 |
|
a) Group and associated companies |
-5.125,13 |
-23.649,60 |
|
c) Tangible assets |
|
-1.192.186,18 |
|
7. Disinvestment collections (+) |
|
|
|
8. Cash Flow in investment activities (6 + 7) |
-5.125,13 |
-1.215.835,78 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
|
9. Net worth instruments collections and payments |
|
|
|
10. Financial liabilities instruments collections and payments |
-888.648,48 |
-5.330.232,75 |
|
a) Issue |
540.000,00 |
|
|
2. Debts with bank entities (+) |
540.000,00 |
|
|
b) Return and amortization of |
-1.428.648,48 |
-5.330.232,75 |
|
2. Debts with bank entities (-) |
-1.428.648,48 |
-5.330.232,75 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
|
|
|
12. Cash Flow in financing activities (9 + 10 + 11) |
-888.648,48 |
-5.330.232,75 |
|
D) Exchange rate variations effect |
|
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
-1.231.636,61 |
1.797.805,16 |
|
Cash or equivalents at the beginning of the exercise |
1.922.996,71 |
125.191,55 |
|
Cash or equivalents at the end of the exercise |
691.360,10 |
1.922.996,71 |
RATIOS
|
|
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
CHANGE % |
31/12/2007 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
8.118.884,90 |
81,76 |
4.466.708,78 |
37,02 |
3.259.979,03 |
|
Working capital ratio |
0,23 |
43,75 |
0,16 |
33,33 |
0,12 |
|
Soundness Ratio |
4,40 |
52,25 |
2,89 |
-21,68 |
3,69 |
|
Average Collection Period (days) |
206 |
14,66 |
179 |
-22,91 |
233 |
|
Average Payment Period (days) |
221 |
20,20 |
184 |
29,77 |
141 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
131,66 |
9,31 |
120,45 |
4,80 |
114,93 |
|
Quick Ratio (%) |
2,75 |
-69,00 |
8,87 |
1.067,11 |
0,76 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
8,23 |
-38,58 |
13,40 |
-58,11 |
31,99 |
|
External Financing Average Cost |
0,13 |
30,00 |
0,10 |
150,00 |
0,04 |
|
Debt Service Coverage |
-8,76 |
-2.004,35 |
0,46 |
-93,05 |
6,62 |
|
Interest Coverage |
11,26 |
19,03 |
9,46 |
64,81 |
5,74 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
-0,76 |
-103,76 |
20,22 |
516,46 |
3,28 |
|
Auto financing generated by Assets (%) |
-0,94 |
-103,22 |
29,16 |
503,73 |
4,83 |
|
Breakdown Point |
1,10 |
0,92 |
1,09 |
3,81 |
1,05 |
|
Average Sales Volume per Employee |
755.794,72 |
0,56 |
751.588,17 |
12,95 |
665.401,80 |
|
Average Cost per Employee |
44.518,82 |
4,82 |
42.470,87 |
13,69 |
37.357,05 |
|
Assets Turnover |
1,24 |
-13,89 |
1,44 |
-2,04 |
1,47 |
|
Inventory Turnover (days) |
0 |
|
|
|
|
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
11,72 |
-2,41 |
12,00 |
73,81 |
6,91 |
|
Operating Profitability (%) |
11,99 |
3,54 |
11,58 |
64,02 |
7,06 |
|
Return on Equity (ROE) (%) |
40,73 |
-11,88 |
46,22 |
24,41 |
37,15 |
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 |
6,16 |
39,53 |
-33,37 |
|
A) CURRENT ASSETS |
93,84 |
60,47 |
33,37 |
|
LIABILITIES |
|||
|
A) NET WORTH |
27,11 |
29,15 |
-2,04 |
|
B) NON CURRENT LIABILITIES |
1,62 |
17,46 |
-15,84 |
|
C) CURRENT LIABILITIES |
71,27 |
53,39 |
17,89 |
Analytical Account of Results
Figures given in %
|
|
COMPANY (2009) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
99,87 |
97,82 |
2,05 |
|
Other operating income |
0,13 |
2,18 |
-2,05 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-82,58 |
-47,40 |
-35,18 |
|
Variation in stocks of finished goods and work in progress |
|
0,59 |
|
|
GROSS MARGIN |
17,42 |
53,19 |
-35,77 |
|
Other operating costs |
-2,27 |
-16,40 |
14,13 |
|
Labour cost |
-5,88 |
-27,32 |
21,44 |
|
GROSS OPERATING RESULT |
9,27 |
9,47 |
-0,20 |
|
Amortization of fixed assets |
-0,22 |
-2,38 |
2,16 |
|
Deterioration and result for fixed assets disposal |
|
0,46 |
|
|
Other expenses / income |
0,37 |
|
|
|
NET OPERATING RESULT |
9,42 |
7,54 |
1,88 |
|
Financial result |
-0,53 |
1,09 |
-1,62 |
|
RESULT BEFORE TAX |
8,89 |
8,63 |
0,26 |
|
Taxes on profits |
-1,96 |
-1,57 |
-0,39 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
6,92 |
|
|
|
NET RESULT |
6,92 |
7,06 |
-0,14 |
Main Ratios
|
|
COMPANY (2009) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
8.118.884,90 |
3.368.538,00 |
12.631.194,69 |
24.246.483,74 |
|
Working capital ratio |
0,23 |
0,08 |
0,25 |
0,37 |
|
Soundness Ratio |
4,40 |
0,72 |
2,00 |
4,63 |
|
Average Collection Period (days) |
206 |
132 |
179 |
232 |
|
Average Payment Period (days) |
221 |
69 |
202 |
297 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
131,66 |
1,10 |
1,36 |
1,85 |
|
Quick Ratio (%) |
2,75 |
0,06 |
0,16 |
0,49 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
8,23 |
2,81 |
10,09 |
29,32 |
|
External Financing Average Cost |
0,13 |
0,02 |
0,04 |
0,06 |
|
Debt Service Coverage |
-8,76 |
0,26 |
0,98 |
3,97 |
|
Interest Coverage |
11,26 |
3,94 |
16,72 |
98,71 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
-0,76 |
6,12 |
8,19 |
11,03 |
|
Auto financing generated by Assets (%) |
-0,94 |
4,36 |
7,85 |
12,67 |
|
Breakdown Point |
1,10 |
1,05 |
1,10 |
1,12 |
|
Average Sales Volume per Employee |
755.794,72 |
73.957,12 |
103.375,93 |
268.558,92 |
|
Average Cost per Employee |
44.518,82 |
34.652,07 |
42.000,56 |
52.441,25 |
|
Assets Turnover |
1,24 |
0,69 |
1,07 |
1,52 |
|
Inventory Turnover (days) |
0 |
0 |
4 |
45 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
11,72 |
3,19 |
9,21 |
13,48 |
|
Operating Profitability (%) |
11,99 |
5,68 |
11,20 |
15,36 |
|
Return on Equity (ROE) (%) |
40,73 |
15,77 |
28,43 |
44,27 |
ADDITIONAL INFORMATION
Consulted Sources
Mercantile Registrars
Chamber of Commerce / Camerdata
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
BOP
INTERNET
La propia empresa.
This company has been consulted was last displayed on 09/03/2011,
21 times in the last quarter and 1.208 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.09 |
|
|
1 |
Rs.72.82 |
|
Euro |
1 |
Rs.63.43 |
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.