MIRA INFORM REPORT

Report Date :

08.09.2011

IDENTIFICATION DETAILS

Correct Name :	STAUBLI LYON
Registered Office :	Staubli Lyon, 31 Rue Des Freres Lumiere, 69680 Chassieu
Country :	France
Financials (as on) :	31.12.2009
Date of Incorporation :	September 1983
Com. Reg. No.:	RCS Lyon B 328 103 981
Legal Form :	Simplified Joint Stock Company
Line of Business :	Manufacture of machinery for textile, apparel

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 :	2,000,000 €
Status :	Good
Payment Behaviour :	No Complaints
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31^st, 2011

Country Name	Previous Rating (31.12.2010)	Current Rating (31.03.2011)
France	a1	a1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Bottom of Form

REGISTERED NAME & COMPANY SUMMARY

Name

STAUBLI LYON

SIRET

328 103 981 00028

company summary

Activity (APE)	Fabrication de machines pour les industries textiles (2894Z)	Legal form	Simplified joint stock company
Phone	04 72 47 39 39	RCS Registration	RCS Lyon B 328 103 981
Fax		Share capital	3,225,600 Euros
Address	STAUBLI LYON 31 RUE DES FRERES LUMIERE 69680 CHASSIEU	Incorporated Date	09/1983
Nationality	France	Status	Economically active

Company details

Activity (APE)	Fabrication de machines pour les industries textiles (2894Z)
RCS Registration	RCS Lyon B 328 103 981	Share capital	3,225,600 Euros
Registration Court	Lyon (69)	Legal form	Simplified joint stock company
Court Registry Number	83 B 01108	EU VAT Number	FR90328103981
Incorporation Date	09/1983	Formation Date	11/1983
Deregistration Date		Last account Date	31/12/2009
Nationality	France

Establishment details

Activity (APE)	Fabrication de machines pour les industries textiles (2894Z) (Manufacture of machinery for textile, apparel (2894Z))	Business Pages FT®	MACHINE TEXTILE ACCESSOIRE FOURNITURE FABRICATION
Postal Address	STAUBLI LYON 31 RUE DES FRERES LUMIERE 69680 CHASSIEU	Trading Address	31 RUE DES FRERES LUMIERE 69680 CHASSIEU
Telephone	04 72 47 39 39
Fax

Type	Head office (one site company)	Status	Economically active
Formation Date	11/1983	Reason for formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality
Department	Rhône (69)	Region	Rhône-Alpes
District	1	Area	44
City	CHASSIEU	Size of urban area	Urban unit with 200 000 to 1 999 999 inhabitants

CREDIT RECOMENDATION

Current Credit Limit: 2,000,000 €

DIRECTORS/MANAGEMENT

Previous Directors

Vous pouvez consulter ici l'historique des dirigeants de l'entreprise.
Si vous souhaitez consulter l'historique d'un dirigeant, il vous suffit de cliquer sur le lien voir le détail pour y accéder.

Manager position

Title and name

Date of Birth/Place of Birth

directors

Name	M. PALAU JOSEPH
Manager position	Président du conseil d'administration	Date of birth	18/12/1938
Place of birth	SABADELL ESPAGNE
Type of manager	Individual	Name at birth of manager

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

   Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Summary of preferential rights

Company monitored since	05/08/2009
Status of Monitoring	No social security and tax office preferential right to date

SHARE & SHARE CAPITAL INFORMATION

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

Please complete

FINANCIAL INFORMATION

Active fixed asset (II)

		31/12/2009		31/12/2008		31/12/2007
Total Active fixed asset (II)	Net	12 104 401	-40,9%	20 497 834	-8,3%	22 353 207
Gross	BJ	52 019 093	-2,7%	53 479 260	-0,7%	53 841 240
Amortisation	BK	39 914 692	21,0%	32 981 426	4,7%	31 488 032

Intangible fixed assets

		31/12/2009		31/12/2008		31/12/2007
Start-up cost	Net	0	0%	0	0%	0
Gross	AB	0	0%	0	0%	0
Amortisation	AC	0	0%	0	0%	0
R & D expenses	Net	0	0%	0	0%	0
Gross	CX	0	0%	0	0%	0
Amortisation	AE	0	0%	0	0%	0
Distributorships, patents	Net	34 239	-63,9%	94 766	-45,8%	174 955
Gross	AF	1 548 284	0,5%	1 540 352	1,5%	1 517 995
Amortisation	AG	1 514 045	4,7%	1 445 586	7,6%	1 343 040
Goodwill	Net	0	0%	0	0%	0
Gross	AH	0	0%	0	0%	0
Amortisation	AI	0	0%	0	0%	0
Other intangible fixed assets	Net	0	0%	0	0%	0
Gross	AJ	0	0%	0	0%	0
Amortisation	AK	0	0%	0	0%	0
Pre-payments and downpayments	Net	0	0%	0	0%	0
Gross	AL	0	0%	0	0%	0
Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets	Net	34 239	-63,9%	94 766	-45,8%	174 955

Tangible fixed assets

		31/12/2009		31/12/2008		31/12/2007
Lands	Net	1 007 918	-0,5%	1 012 553	-1,3%	1 025 991
Gross	AN	1 225 224	-1,2%	1 239 763	0%	1 239 763
Amortisation	AO	217 306	-4,4%	227 210	6,3%	213 772
Buildings	Net	3 251 482	-9,8%	3 603 406	-8,4%	3 932 959
Gross	AP	8 064 137	0,0%	8 062 804	0,3%	8 037 779
Amortisation	AQ	4 812 655	7,9%	4 459 398	8,6%	4 104 820
Plant	Net	7 332 475	-47,7%	14 010 614	-10,3%	15 614 718
Gross	AR	37 395 320	-0,9%	37 738 950	-1,9%	38 470 870
Amortisation	AS	30 062 845	26,7%	23 728 336	3,8%	22 856 152
Other tangible fixed assets	Net	361 772	-39,3%	595 801	-25,8%	802 544
Gross	AT	3 669 613	-1,3%	3 716 698	-1,5%	3 772 791
Amortisation	AU	3 307 841	6,0%	3 120 897	5,1%	2 970 247
Fixed assets in construction	Net	110 504	-89,1%	1 014 287	27,2%	797 342
Gross	AV	110 504	-89,1%	1 014 287	27,2%	797 342
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	160 395	0%	0
Gross	AX	0	0%	160 395	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	12 064 151		20 397 056		22 173 554

Financial assets

		31/12/2009		31/12/2008		31/12/2007
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	0	0%	0	0%	0
Gross	CU	0	0%	0	0%	0
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	6 011	0%	6 011	27,9%	4 698
Gross	BH	6 011	0%	6 011	27,9%	4 698
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		6 011		6 011		4 698

Current Assets (III)

		31/12/2009		31/12/2008		31/12/2007
Total Assets	Net	49 568 674	-9,8%	54 924 094	-27,4%	75 649 933
Gross	CJ	58 805 729	-9,1%	64 679 979	-24,0%	85 119 376
Amortisation	CK	9 237 055	-5,3%	9 755 885	3,0%	9 469 443

Stocks

		31/12/2009		31/12/2008		31/12/2007
Raw materials	Net	8 629 760	-25,0%	11 507 486	13,6%	10 131 709
Gross	BL	8 724 099	-24,8%	11 605 051	-8,5%	12 678 926
Amortisation	BM	94 339	-3,3%	97 565	-96,2%	2 547 217
Work in progress (goods)	Net	570 448	7,1%	532 461	-50,6%	1 078 848
Gross	BN	570 448	7,1%	532 461	-50,6%	1 078 848
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	3 147 952	-18,2%	3 849 612	-66,3%	11 422 673
Gross	BR	8 427 745	-10,0%	9 361 186	-33,3%	14 034 327
Amortisation	BS	5 279 793	-4,2%	5 511 574	111,0%	2 611 654
Goods for resale	Net	0	0%	0	0%	0
Gross	BT	0	0%	0	0%	0
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	12 348 160	-22,3%	15 889 559	-29,8%	22 633 230

Advance payments to suppliers

		31/12/2009		31/12/2008		31/12/2007
Advance payments to suppliers	Net	22 270	-95,9%	545 143	-66,6%	1 630 882
Gross	BV	22 270	-95,9%	545 143	-66,6%	1 630 882
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2009		31/12/2008		31/12/2007
Trade accounts receivable	Net	18 609 575	-24,6%	24 690 166	-30,8%	35 688 302
Gross	BX	22 358 911	-22,2%	28 756 198	-28,0%	39 958 033
Amortisation	BY	3 749 336	-7,8%	4 066 032	-4,8%	4 269 731
Other debtors	Net	17 994 154	67,1%	10 769 354	104,9%	5 256 643
Gross	BZ	18 107 741	66,9%	10 850 068	104,8%	5 297 484
Amortisation	CA	113 587	40,7%	80 714	97,6%	40 841
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total Debtors	Net	36 603 729	3,2%	35 459 520	-13,4%	40 944 945

Divers

		31/12/2009		31/12/2008		31/12/2007
Investment securities	Net	0	0%	2 000 000	-76,8%	8 613 508
Gross	CD	0	0%	2 000 000	-76,8%	8 613 508
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	386 073	-54,2%	842 653	-43,9%	1 501 504
Gross	CF	386 073	-54,2%	842 653	-43,9%	1 501 504
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	386 073	-86,4%	2 842 653	-71,9%	10 115 012

Prepaid expenses

31/12/2009

31/12/2008

31/12/2007

Prepaid expenses

Net

208 442

11,3%

187 218

-42,5%

325 865

Gross

CH

208 442

11,3%

187 218

-42,5%

325 865

Amortisation

CI

0

0%

0

0%

0

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2009	31/12/2008	31/12/2007
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2009		31/12/2008		31/12/2007
	Grand Total (I to VI)	Net	61 805 891	-18,4%	75 709 385	-22,9%	98 205 491
	Gross	CO	110 957 638	-6,3%	118 446 696	-14,9%	139 162 966
	Amortisation	1A	49 151 747	15,0%	42 737 311	4,3%	40 957 475

Non declared distributed capital (I)

		31/12/2009		31/12/2008		31/12/2007
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	-	-	-	-

Equalization accounts (IV to VI)

		31/12/2009		31/12/2008		31/12/2007
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	-	-	-	-
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	-	-	-	-
Currency differential gain	CN3	132 816	-53,8%	287 457	42,1%	202 351
Gross		132 816	-	-	-	-

References

		31/12/2009		31/12/2008		31/12/2007
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Accounts - Passive
Other capital resources | Provisions for risks and charges | Liabilities | Translation loss | Equalization accounts | References

Grand Total - Passive Accounts (I to IV)

		31/12/2009		31/12/2008		31/12/2007
Grand Total (I to V)	EE	61 805 890	-18,4%	75 709 385	-22,9%	98 205 491

Shareholder Equity (I)

			31/12/2009		31/12/2008		31/12/2007
	Total shareholders' equity (Total I)	DL	42 470 545	-21,2%	53 868 412	-9,1%	59 262 301
	Equity and shareholders' equity	DA	3 225 600	0%	3 225 600	0%	3 225 600
	Issue and merger premiums	DB	0	0%	0	0%	0
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	322 560	0%	322 560	0%	322 560
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	0	0%	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	49 977 946	0%	49 977 946	2,0%	48 977 946
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	-5 901 528	-176265,0%	3 350	0%	0
	Profit or loss for the period	DI	-11 802 793	-99,9%	-5 904 878	-688,5%	1 003 350
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	6 648 760	6,5%	6 243 834	8,9%	5 732 845

Other capital resources (II)

			31/12/2009		31/12/2008		31/12/2007
	Total other capital resources (Total II)	DO	0	0%	0	0%	0
	Income from participating securities	DM	0	0%	0	0%	0
	Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

			31/12/2009		31/12/2008		31/12/2007
	Total provisions for risks and charges (Total III)	DR	2 820 981	-43,1%	4 961 637	0,4%	4 942 596
	Risk provisions	DP	2 365 622	-44,3%	4 248 004	-2,0%	4 336 346
	Reserves for charges	DQ	455 359	-36,2%	713 633	17,7%	606 250

Liabilities (IV)

			31/12/2009		31/12/2008		31/12/2007
	Total Liabilities (Total IV)	EC	16 446 525	-2,2%	16 821 957	-50,4%	33 935 650
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	529 758	209,7%	171 046	0%	0
	Sundry loans and financial liabilities	DV	47 553	0%	47 553	0%	47 553
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	1 918 891	54,1%	1 245 247	10,5%	1 127 341
	Trade accounts payables	DX	8 567 249	-7,3%	9 238 429	-59,0%	22 508 733
	Tax and social security liabilities	DY	2 546 484	8,6%	2 344 441	-46,5%	4 381 212
	Fixed asset liabilities	DZ	0	0%	217 017	0%	0
	Other debts	EA	2 557 373	-13,9%	2 971 893	-34,7%	4 550 081

Translation loss (V)

		31/12/2009		31/12/2008		31/12/2007
Translation loss (Total V)	ED	67 839	18,2%	57 379	-11,6%	64 945

Equalization accounts

		31/12/2009		31/12/2008		31/12/2007
Deferred income	EB	279 217	-52,4%	586 331	-55,6%	1 320 730

References

		31/12/2009		31/12/2008		31/12/2007
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	15 372 980	-52,4%	32 273 801
Of which current bank facilities	EH	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Result account
Sales of Goods | Operating charges | Operating charges | Financial income | Financial charges | Financial charges | Extraordinary charges | Employee profit sharing | Tax on profits | References

1- Operating result (I-II)

		31/12/2009		31/12/2008		31/12/2007
Operating result (Total I-II)	GG	-13 942 630	-111,3%	-6 598 244	-447,3%	1 899 597

2 - Financial result (V - VI)

		31/12/2009		31/12/2008		31/12/2007
Financial result (Total V-VI)	GV	455 607	-29,6%	647 303	-26,8%	883 714

3 - Pre-tax net operating income result (I - VI)

		31/12/2009		31/12/2008		31/12/2007
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	-13 487 023	-126,6%	-5 950 941	-313,8%	2 783 311

4 - Extraordinary result (VII-VIII)

		31/12/2009		31/12/2008		31/12/2007
Extraordinary result (Total VII-VIII)	HI	601 577	154,7%	-1 100 059	-97,7%	-556 334

Profit or loss

		31/12/2009		31/12/2008		31/12/2007
Profit or loss	HN	-11 802 793	-99,9%	-5 904 878	-688,5%	1 003 350

Total Income (I+III+V+VII)

		31/12/2009		31/12/2008		31/12/2007
Total Income (I+III+V+VII)	HL	55 433 785	-32,9%	82 644 090	-40,3%	138 367 874

Total charges (Total II+IV+VI+VIII+IX+X)

		31/12/2009		31/12/2008		31/12/2007
Total charges (Total II+IV+VI+VIII+IX+X)	HM	67 236 576	-24,1%	88 548 968	-35,5%	137 364 524

Operating income (I)

		31/12/2009		31/12/2008		31/12/2007
Total operating income (Total I)	FR	52 074 711	-34,0%	78 886 530	-41,3%	134 403 598

Operating income (details)

			31/12/2009		31/12/2008		31/12/2007
	Sale of goods for resale	FC	606 499	-78,0%	2 754 125	22,9%	2 241 601
	France	FA	11 209	-16,2%	13 376	-48,2%	25 816
	Export	FB	595 290	-78,3%	2 740 750	23,7%	2 215 785
	Sale of goods produced	FF	46 081 976	-36,2%	72 239 409	-40,3%	120 999 071
	France	FD	1 185 616	-27,5%	1 635 769	-30,3%	2 348 378
	Export	FE	44 896 360	-36,4%	70 603 640	-40,5%	118 650 693
	Sale of services	FI	2 304 104	-54,9%	5 106 012	-32,9%	7 608 416
	France	FG	392 907	24,9%	314 632	-9,4%	347 267
	Export	FH	1 911 197	-60,1%	4 791 380	-34,0%	7 261 149
	Net turnover	FL	48 992 579	-38,8%	80 099 546	-38,8%	130 849 088
	France	FJ	1 589 732	-19,0%	1 963 777	-27,8%	2 721 462
	Export	FK	47 402 847	-39,3%	78 135 769	-39,0%	128 127 626
	Stocked production	FM	-895 454	82,8%	-5 219 527	-1040,8%	554 779
	Self-constructed assets	FN	262 187	-58,2%	627 449	19,6%	524 423
	Operating grants	FO	0	0%	0	0%	0
	Release of reserves and provisions	FP	3 715 399	10,0%	3 379 063	36,5%	2 475 309
	Other income	FQ	0	0%	0	0%	0

Operating charges (II)

		31/12/2009		31/12/2008		31/12/2007
Total operating charges (Total II)	GF	66 017 341	-22,8%	85 484 774	-35,5%	132 504 001

Exploitation charges

		31/12/2009		31/12/2008		31/12/2007
Purchase of goods for resale	FS	505 763	-79,8%	2 505 772	21,6%	2 060 477
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	27 661 955	-35,1%	42 623 596	-48,7%	83 108 138
Change in stocks of raw materials	FV	2 880 952	168,3%	1 073 875	191,5%	-1 173 658
Other external purchases and charges	FW	7 671 366	-33,7%	11 578 266	-34,1%	17 570 159
Tax, duty and similar payments	FX	1 174 023	-0,8%	1 183 503	-42,1%	2 043 879
Payroll	FY	9 524 766	0,8%	9 444 563	-6,9%	10 146 190
Social security costs	FZ	3 544 938	-20,4%	4 455 676	-7,8%	4 834 580

Depreciation

		31/12/2009		31/12/2008		31/12/2007
Depreciation of fixed assets	GA	5 099 349	-17,4%	6 176 327	8,5%	5 690 021
Amortisation of fixed assets	GB	5 049 348	0%	0	0%	0
Depreciation/amortisation of current assets	GC	542 487	-58,9%	1 318 794	-41,1%	2 240 529
Provisions for risks and charges	GD	641 536	-69,8%	2 121 970	22,8%	1 727 472

Other charges

		31/12/2009		31/12/2008		31/12/2007
Other charges	GE	1 720 858	-42,7%	3 002 432	-29,5%	4 256 213

Operating charges (III-IV)

		31/12/2009		31/12/2008		31/12/2007
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

			31/12/2009		31/12/2008		31/12/2007
	Total financial income (Total V)	GP	831 451	-38,1%	1 343 913	-31,8%	1 971 931
	Share financial income	GJ	0	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	404 384	-48,4%	784 438	-41,4%	1 338 009
	Released provisions and transferred charges	GM	265 390	85,6%	142 988	-70,0%	475 973
	Exchange gains	GN	161 677	-61,2%	416 488	163,7%	157 949
	Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

			31/12/2009		31/12/2008		31/12/2007
	Total financial charge (Total VI)	GU	375 844	-46,0%	696 610	-36,0%	1 088 217
	Financial reserves and provisions	GQ	80 314	-69,7%	265 390	85,6%	142 988
	Interest and similar charges	GR	11 194	-50,0%	22 404	-86,6%	167 391
	Exchange losses	GS	284 336	-30,4%	408 816	-47,4%	777 838
	Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Financial Charge (VII)

			31/12/2009		31/12/2008		31/12/2007
	Total extraordinary income (Total VII)	HD	2 527 623	4,7%	2 413 646	21,1%	1 992 345
	Extraordinary operating income	HA	1 054 855	541,6%	164 402	19,1%	138 094
	Extraordinary income from capital transactions	HB	95 395	-86,8%	720 747	165,3%	271 676
	Released provisions and transferred charges	HC	1 377 373	-9,9%	1 528 498	-3,4%	1 582 575

Extraordinary charges (VIII)

			31/12/2009		31/12/2008		31/12/2007
	Total extraordinary charges (Total VIII)	HH	1 926 046	-45,2%	3 513 705	37,9%	2 548 679
	Extraordinary operating charges	HE	10 186	117,3%	4 687	-79,1%	22 404
	Extraordinary charges from capital transactions	HF	133 561	-90,9%	1 469 530	334,3%	338 403
	Extraordinary reserves and provisions	HG	1 782 299	-12,6%	2 039 487	-6,8%	2 187 872

Employee profit sharing (IX)

		31/12/2009		31/12/2008		31/12/2007
Employee profit sharing (Total IX)	HJ	872	-99,4%	157 402	-90,8%	1 712 864

Tax on profits (X)

		31/12/2009		31/12/2008		31/12/2007
Tax on profits (Total X)	HK	-1 083 527	16,9%	-1 303 523	-166,4%	-489 237

References

		31/12/2009		31/12/2008		31/12/2007
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	0	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomer tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	OG	0	0%	53 841 240	10,4%	48 768 687
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	8 460 245	-35,4%	13 100 658
	Decreasess by budget item transfer	OK1	0	0%	2 669 761	-36,0%	4 170 544
	Decreasess by transfers	OK2	0	0%	6 152 464	59,5%	3 857 561
	Gross value at the end of period	OL	0	0%	53 479 260	-0,7%	53 841 240

Research and development Charge (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	KD	0	0%	1 517 995	10,0%	1 379 639
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	22 798	-83,8%	140 521
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	441	-79,6%	2 165
	Gross value at the end of period	LW	0	0%	1 540 352	1,5%	1 517 995

Tangible fixed assets (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	LN	0	0%	52 318 546	10,4%	47 384 349
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	8 436 134	-34,9%	12 960 137
	Decreasess by budget item transfer	NG1	0	0%	2 669 761	-36,0%	4 170 544
	Decreasess by transfers	NG2	0	0%	6 152 022	59,6%	3 855 396
	Gross value at the end of period	NH	0	0%	51 932 897	-0,7%	52 318 546

Fiancial assets (Total IV)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	LQ	0	0%	4 698	0%	4 698
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	1 313	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0	0%	0
	Gross value at the end of period	NK	0	0%	6 011	27,9%	4 698

Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	0N	0	0%	31 488 032	7,4%	29 309 669
Increases		0P	0	0%	6 176 327	8,5%	5 690 021
Decreasess		0Q	0	0%	4 682 933	33,4%	3 511 658
	Reserve for depreciation value at the end of period	0R	0	0%	32 981 426	4,7%	31 488 032

Research and development charge (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	PE	0	0%	1 343 041	7,4%	1 250 133
Increases		PF	0	0%	102 986	8,3%	95 073
Decreasess		PG	0	0%	441	-79,6%	2 165
	Decreasess by budget item transfer	PH	0	0%	1 445 586	7,6%	1 343 041

Total fixed assets amotisation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	QU	0	0%	30 144 992	7,4%	28 059 536
Increases		QV	0	0%	6 073 341	8,6%	5 594 949
Decreases		QW	0	0%	4 682 492	33,4%	3 509 493
	Decreasess by budget item transfer	QX	0	0%	31 535 840	4,6%	30 144 992

Movements during period affecting charge allocated over several period
Charges à répartir ou frais d'émission d'emprunt

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2009		31/12/2008		31/12/2007
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	7C	0	0%	20 144 883	10,7%	18 196 714
Increases		UB	0	0%	5 745 641	-8,8%	6 298 861
Decreases		UC	0	0%	4 929 169	13,3%	4 350 692
	Value at the end of period	UD	0	0%	20 961 356	4,1%	20 144 883

Includes Total allocations

Operating	UE	0	0%	3 440 764	-13,3%	3 968 001
Financial	UG	0	0%	265 390	85,6%	142 988
Exceptional	UJ	0	0%	2 039 487	-6,8%	2 187 872

Includes Total Withdrawal

Operating	UF	0	0%	3 257 683	42,1%	2 292 143
Financial	UH	0	0%	142 988	-70,0%	475 973
Exceptional	UK	0	0%	1 528 498	-3,4%	1 582 575

Total regulated provisions (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	3Z	0	0%	5 732 845	11,8%	5 127 547
Increases		TS	0	0%	2 039 487	-6,8%	2 187 872
Decreases		TT	0	0%	1 528 498	-3,4%	1 582 575
	Value at the end of period	TU	0	0%	6 243 834	8,9%	5 732 845

Total risk and charge provisions (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	5Z	0	0%	4 942 596	-15,8%	5 870 447
Increases		TV	0	0%	2 182 418	79,9%	1 212 806
Decreases		TW	0	0%	2 163 377	1,1%	2 140 657
	Value at the end of period	TX	0	0%	4 961 637	0,4%	4 942 596

Total Provision for depreciation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	7B	0	0%	9 469 443	31,5%	7 198 719
Increases		TY	0	0%	1 523 736	-47,4%	2 898 183
Decreases		TZ	0	0%	1 237 294	97,2%	627 459
	Value at the end of period	UA	0	0%	9 755 885	3,0%	9 469 443

State deadlines claims and debts at the end of period
State claims

		31/12/2009		31/12/2008		31/12/2007
Gross value	VT	0	0%	39 799 495	-12,7%	45 586 081
1 year at most	VU	0	0%	33 216 331	-10,3%	37 033 304
More than one year	VV	0	0%	6 583 164	-23,0%	8 552 776

State of loans

		31/12/2009		31/12/2008		31/12/2007
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	6 011	27,9%	4 698
Other financial assets (1 year at most)	UV	0	0%	6 011	27,9%	4 698

Receivables statement of assets

		31/12/2009		31/12/2008		31/12/2007
Customers doubtful or disputed	VA	0	0%	370 601	-5,3%	391 545
Other claims customer	UX	0	0%	28 385 597	-28,3%	39 566 488
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	36 227	-95,7%	852 324
Social Security and other social organizations	UZ	0	0%	4 715	-21,2%	5 982
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	443 495	-41,7%	761 027
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	896 990	237,4%	265 830
Group and Associates	VC	0	0%	9 123 367	265,8%	2 493 920
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	345 275	-62,4%	918 402

Prepaid

		31/12/2009		31/12/2008		31/12/2007
Prepaid	VS	0	0%	187 218	-42,5%	325 865

State Debt

			31/12/2009		31/12/2008		31/12/2007
	Total debt (gross)	VY	0	0%	15 576 710	-52,5%	32 808 309
1 year at most		VZ2	0	0%	15 372 980	-52,4%	32 273 801
More than 1 year and 5 years at most		VZ3	0	0%	203 731	-61,9%	534 508
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2009		31/12/2008		31/12/2007
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	171 046	0%	0
1 year at most		VG2	0	0%	171 046	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	47 553	0%	47 553
1 year at most		8A2	0	0%	47 553	0%	47 553
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	0	0%	9 238 429	-59,0%	22 508 733
1 year at most		8B2	0	0%	9 238 429	-59,0%	22 508 733
More than 1 year and 5 years at most		8B3	0	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	1 113 468	-58,4%	2 674 624
1 year at most		8C2	0	0%	1 113 468	-58,4%	2 674 624
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	1 185 769	-29,5%	1 681 304
1 year at most		8D2	0	0%	1 185 769	-29,5%	1 681 304
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	20 337	963,7%	1 912
1 year at most		VW2	0	0%	20 337	963,7%	1 912
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	24 867	6,4%	23 372
1 year at most		VQ2	0	0%	24 867	6,4%	23 372
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	217 017	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomer tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	OG	0	0%	53 841 240	10,4%	48 768 687
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	8 460 245	-35,4%	13 100 658
	Decreasess by budget item transfer	OK1	0	0%	2 669 761	-36,0%	4 170 544
	Decreasess by transfers	OK2	0	0%	6 152 464	59,5%	3 857 561
	Gross value at the end of period	OL	0	0%	53 479 260	-0,7%	53 841 240

Research and development Charge (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	KD	0	0%	1 517 995	10,0%	1 379 639
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	22 798	-83,8%	140 521
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	441	-79,6%	2 165
	Gross value at the end of period	LW	0	0%	1 540 352	1,5%	1 517 995

Tangible fixed assets (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	LN	0	0%	52 318 546	10,4%	47 384 349
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	8 436 134	-34,9%	12 960 137
	Decreasess by budget item transfer	NG1	0	0%	2 669 761	-36,0%	4 170 544
	Decreasess by transfers	NG2	0	0%	6 152 022	59,6%	3 855 396
	Gross value at the end of period	NH	0	0%	51 932 897	-0,7%	52 318 546

Fiancial assets (Total IV)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	LQ	0	0%	4 698	0%	4 698
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	1 313	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0	0%	0
	Gross value at the end of period	NK	0	0%	6 011	27,9%	4 698

Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	0N	0	0%	31 488 032	7,4%	29 309 669
Increases		0P	0	0%	6 176 327	8,5%	5 690 021
Decreasess		0Q	0	0%	4 682 933	33,4%	3 511 658
	Reserve for depreciation value at the end of period	0R	0	0%	32 981 426	4,7%	31 488 032

Research and development charge (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	PE	0	0%	1 343 041	7,4%	1 250 133
Increases		PF	0	0%	102 986	8,3%	95 073
Decreasess		PG	0	0%	441	-79,6%	2 165
	Decreasess by budget item transfer	PH	0	0%	1 445 586	7,6%	1 343 041

Total fixed assets amotisation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	QU	0	0%	30 144 992	7,4%	28 059 536
Increases		QV	0	0%	6 073 341	8,6%	5 594 949
Decreases		QW	0	0%	4 682 492	33,4%	3 509 493
	Decreasess by budget item transfer	QX	0	0%	31 535 840	4,6%	30 144 992

Movements during period affecting charge allocated over several period
Charges à répartir ou frais d'émission d'emprunt

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2009		31/12/2008		31/12/2007
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	7C	0	0%	20 144 883	10,7%	18 196 714
Increases		UB	0	0%	5 745 641	-8,8%	6 298 861
Decreases		UC	0	0%	4 929 169	13,3%	4 350 692
	Value at the end of period	UD	0	0%	20 961 356	4,1%	20 144 883

Includes Total allocations

Operating	UE	0	0%	3 440 764	-13,3%	3 968 001
Financial	UG	0	0%	265 390	85,6%	142 988
Exceptional	UJ	0	0%	2 039 487	-6,8%	2 187 872

Includes Total Withdrawal

Operating	UF	0	0%	3 257 683	42,1%	2 292 143
Financial	UH	0	0%	142 988	-70,0%	475 973
Exceptional	UK	0	0%	1 528 498	-3,4%	1 582 575

Total regulated provisions (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	3Z	0	0%	5 732 845	11,8%	5 127 547
Increases		TS	0	0%	2 039 487	-6,8%	2 187 872
Decreases		TT	0	0%	1 528 498	-3,4%	1 582 575
	Value at the end of period	TU	0	0%	6 243 834	8,9%	5 732 845

Total risk and charge provisions (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	5Z	0	0%	4 942 596	-15,8%	5 870 447
Increases		TV	0	0%	2 182 418	79,9%	1 212 806
Decreases		TW	0	0%	2 163 377	1,1%	2 140 657
	Value at the end of period	TX	0	0%	4 961 637	0,4%	4 942 596

Total Provision for depreciation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	7B	0	0%	9 469 443	31,5%	7 198 719
Increases		TY	0	0%	1 523 736	-47,4%	2 898 183
Decreases		TZ	0	0%	1 237 294	97,2%	627 459
	Value at the end of period	UA	0	0%	9 755 885	3,0%	9 469 443

State deadlines claims and debts at the end of period
State claims

		31/12/2009		31/12/2008		31/12/2007
Gross value	VT	0	0%	39 799 495	-12,7%	45 586 081
1 year at most	VU	0	0%	33 216 331	-10,3%	37 033 304
More than one year	VV	0	0%	6 583 164	-23,0%	8 552 776

State of loans

		31/12/2009		31/12/2008		31/12/2007
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	6 011	27,9%	4 698
Other financial assets (1 year at most)	UV	0	0%	6 011	27,9%	4 698

Receivables statement of assets

		31/12/2009		31/12/2008		31/12/2007
Customers doubtful or disputed	VA	0	0%	370 601	-5,3%	391 545
Other claims customer	UX	0	0%	28 385 597	-28,3%	39 566 488
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	36 227	-95,7%	852 324
Social Security and other social organizations	UZ	0	0%	4 715	-21,2%	5 982
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	443 495	-41,7%	761 027
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	896 990	237,4%	265 830
Group and Associates	VC	0	0%	9 123 367	265,8%	2 493 920
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	345 275	-62,4%	918 402

Prepaid

		31/12/2009		31/12/2008		31/12/2007
Prepaid	VS	0	0%	187 218	-42,5%	325 865

State Debt

			31/12/2009		31/12/2008		31/12/2007
	Total debt (gross)	VY	0	0%	15 576 710	-52,5%	32 808 309
1 year at most		VZ2	0	0%	15 372 980	-52,4%	32 273 801
More than 1 year and 5 years at most		VZ3	0	0%	203 731	-61,9%	534 508
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2009		31/12/2008		31/12/2007
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	171 046	0%	0
1 year at most		VG2	0	0%	171 046	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	47 553	0%	47 553
1 year at most		8A2	0	0%	47 553	0%	47 553
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	0	0%	9 238 429	-59,0%	22 508 733
1 year at most		8B2	0	0%	9 238 429	-59,0%	22 508 733
More than 1 year and 5 years at most		8B3	0	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	1 113 468	-58,4%	2 674 624
1 year at most		8C2	0	0%	1 113 468	-58,4%	2 674 624
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	1 185 769	-29,5%	1 681 304
1 year at most		8D2	0	0%	1 185 769	-29,5%	1 681 304
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	20 337	963,7%	1 912
1 year at most		VW2	0	0%	20 337	963,7%	1 912
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	24 867	6,4%	23 372
1 year at most		VQ2	0	0%	24 867	6,4%	23 372
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	217 017	0%	0
1 year at most		8J2	0	0%	217 017	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	0	0%	0	0%	0
1 year at most		VI2	0	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	2 971 893	-34,7%	4 550 081
1 year at most		8K2	0	0%	2 971 893	-34,7%	4 550 081
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	586 331	-55,6%	1 320 730
1 year at most		8L2	0	0%	382 600	-51,3%	786 222
More than 1 year and 5 years at most		8L3	0	0%	203 731	-61,9%	534 508

References

		31/12/2009		31/12/2008		31/12/2007
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2009		31/12/2008		31/12/2007
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2009		31/12/2008		31/12/2007
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2009		31/12/2008		31/12/2007
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2009		31/12/2008		31/12/2007
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2009		31/12/2008		31/12/2007
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/12/2009		31/12/2008		31/12/2007
Average number of employees	YP	0	0%	264	-6,4%	282

Groups and Shareholders

		31/12/2009		31/12/2008		31/12/2007
Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

Ratios
Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

		31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Fixed Asset Financing		1,65	-4,1%	1,72	-3,4%	1,78	1,92	-14,1%
Global Debt		121 days	59,2%	76 days	-18,3%	93 days	124,50 days	-2,8%
Working Capital Fund overall net		248 days	43,4%	173 days	50,4%	115 days	105,50 days	135,1%
Financial independence		8016,97%	-74,5%	31493,52%	-	%	571,54%	1302,7%
More ratios
Solvability		68,72%	-3,4%	71,15%	17,9%	60,35%	46,27%	48,5%
Capacity debt futures		%	-	31493,52%	-	%	1636,13%	-
Coverage of current assets by net working capital overall		57,62%	-0,6%	57,98%	29,2%	44,86%	47,59%	21,1%
General Liquidity			-	2,16	87,8%	1,15	0,74	-
Restricted Liquidity			-	2,35	61,0%	1,46	1,43	-

Management or rotation

		31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Need background in operating working capital		245 days	52,2%	161 days	78,9%	90 days	42 days	483,3%
Treasury		3 days	-76,9%	13 days	-53,6%	28 days	4 days	-25,0%
Inventory turnover of goods		0 days	0%	0 days	0%	0 days	78 days	0%
Average length of credit granted to customers		164 days	27,1%	129 days	17,3%	110 days	68 days	141,2%
Average length of credit obtained suppliers		80 days	37,9%	58 days	-27,5%	80 days	48 days	66,7%
More ratios
Inventory turnover of raw materials in industrial enterprises		111 days	20,7%	92 days	70,4%	54 days	83 days	33,7%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	154 days	-38,4%	250 days	353,50 days	-
Rotation tangible assets		%	-	154,24%	-38,3%	250,10%	575,34%	-

Profitability of the business

		31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Margin trading		0,21%	-32,3%	0,31%	121,4%	0,14	1,12%	-81,2%
Profitability of the business		-9,40	-384,8%	3,30	-67,6%	10,19	2,46%	-482,1%
Net profit		-24,09%	-226,9%	-7,37%	-1057,1%	0,77%	1,17%	-2159,0%
More ratios
Growth rate of turnover (excluding VAT)		-38,84%	-0,2%	-38,78%	-257,1%	-10,86%	-12,36%	-214,2%
Rates integration		19,67%	-11,1%	22,13%	-4,6%	23,20%	36,28%	-45,8%
Rate leasing furniture		0%	0%	0%	0%	0%	0%	0%
Work Factor		135,59%	72,9%	78,42%	58,9%	49,34%	79,51%	70,5%
Weight interests		0,77	-11,5%	0,87%	4,8%	0,83%	0,35%	120,0%

Return on capital

		31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Cash flow from the overall profitability		0,50%	125,0%	-2%	-155,2%	3,62%	3,22%	-84,5%
Rates of economic profitability		-11%	-320,0%	5%	-77,3%	22%	9,50%	-215,8%
Financial profitability		42470545%	-21,2%	53868412%	-9,1%	59262301%	38841,50%	109243,2%
Return on investment		-26,54%	-175,6%	-9,63%	-372,8%	3,53%	7,51%	-453,4%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Turnover	48 992 579	-38,8%	80 099 546	-38,8%	130 849 088	309 501 €	15729,5%

Sales of goods	606 499	-78,0%	2 754 125	22,9%	2 241 601
- Purchase of goods	505 763	-79,8%	2 505 772	21,6%	2 060 477
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	100 736 €	-59,4%	248 353 €	37,1%	181 124 €	1 424 €	6974,2%
	0,21 % CA	-32,3%	0,31 % CA	121,4%	0,14 % CA	3,29 % CA	-93,6%

Sale of goods produced	48 386 080	-37,4%	77 345 421	-39,9%	128 607 487
+/- Stocked production	-895 454	82,8%	-5 219 527	-1040,8%	554 779
+ Self-constructed assets	262 187	-58,2%	627 449	19,6%	524 423
Period production	47 752 813 €	-34,4%	72 753 343 €	-43,9%	129 686 689 €	169 707,50 €	28038,3%
	97,47 % CA	7,3%	90,83 % CA	-8,4%	99,11 % CA	96,03 % CA	1,5%

Trading margin	100 736	-59,4%	248 353	37,1%	181 124	1 424	6974,2%
+ Period Production	47 752 813	-34,4%	72 753 343	-43,9%	129 686 689	169 707,50	28038,3%
- Purchase of raw materials	27 661 955	-35,1%	42 623 596	-48,7%	83 108 138
+/- Change in stocks of raw materiels	2 880 952	168,3%	1 073 875	191,5%	-1 173 658
- Other external purchases and charges	7 671 366	-33,7%	11 578 266	-34,1%	17 570 159
Added value	9 639 276 €	-45,6%	17 725 959 €	-41,6%	30 363 174 €	130 220 €	7302,3%
	19,67 % CA	-11,1%	22,13 % CA	-4,6%	23,20 % CA	36,28 % CA	-45,8%

Added value	9 639 276 €	-45,6%	17 725 959 €	-41,6%	30 363 174 €	130 220 €	7302,3%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	1 174 023	-0,8%	1 183 503	-42,1%	2 043 879
- Personal charges	13 069 704	-6,0%	13 900 239	-7,2%	14 980 770
Gross operating surplus	-4 604 451 €	-274,3%	2 642 217 €	-80,2%	13 338 525 €	7 846,50 €	-58781,6%
	-9,40 % CA	-384,8%	3,30 % CA	-67,6%	10,19 % CA	2,46 % CA	-482,1%

Gross operating surplus	-4 604 451 €	-274,3%	2 642 217 €	-80,2%	13 338 525 €	7 846,50 €	-58781,6%
+ Release of reserves and provisions	3 715 399	10,0%	3 379 063	36,5%	2 475 309
+ Other operating income	0	0%	0	0%	0
- Depreciation/Amortisation	11 332 720	17,8%	9 617 091	-0,4%	9 658 022
- Other charges	1 720 858	-42,7%	3 002 432	-29,5%	4 256 213
Operating result	-13 942 630 €	-111,3%	-6 598 243 €	-447,3%	1 899 599 €	3 390 €	-411387,0%
	-9,40 % CA	-384,8%	3,30 % CA	-67,6%	10,19 % CA	2,21 % CA	-525,3%

Operating result	-13 942 630 €	-111,3%	-6 598 243 €	-447,3%	1 899 599 €	3 390 €	-411387,0%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	831 451	-38,1%	1 343 913	-31,8%	1 971 931
- Financial charges	375 844	-46,0%	696 610	-36,0%	1 088 217
Pre-tax result	-13 487 023 €	-126,6%	-5 950 940 €	-313,8%	2 783 313 €	3 343 €	-403540,7%
	-27,53 % CA	-270,5%	-7,43 % CA	-448,8%	2,13 % CA	1,11 % CA	-2580,2%

Extraordinary income	2 527 623	4,7%	2 413 646	21,1%	1 992 345	340,50	742226,9%
- Extraordinary charges	1 926 046	-45,2%	3 513 705	37,9%	2 548 679
Extraordinary result	601 577 €	154,7%	-1 100 059 €	-97,7%	-556 334 €	0 €	0%
	1,23 % CA	189,8%	-1,37 % CA	-218,6%	0 % CA	0 % CA	0%

Pre-tax result	-13 487 023 €	-126,6%	-5 950 940 €	-313,8%	2 783 313 €	3 343 €	-403540,7%
Extraordinary result	601 577 €	154,7%	-1 100 059 €	-97,7%	-556 334 €	0 €	0%
- Employee profit sharing	872	-99,4%	157 402	-90,8%	1 712 864
- Tax on profits	-1 083 527	16,9%	-1 303 523	-166,4%	-489 237
Net result	-11 802 791 €	-99,9%	-5 904 878 €	-688,5%	1 003 352 €	4 778 €	-247123,7%
	-24,09 % CA	-226,9%	-7,37 % CA	-1057,1%	0,77 % CA	1,17 % CA	-2159,0%

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Current Directors

1

Trading to Date	12/31/2009	12/31/2008	12/31/2007
Turnover	48,992,579 €	80,099,546 €	130,849,088 €
Gross Operating Surplus	-9,40 % Turnover	3,30 % Turnover	10,19 % Turnover
Net worth	42,470,545 €	53,868,412 €	59,262,301 €
Employees	250 to 499 employees	-	-

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2009	31/12/2008	31/12/2007
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	26/07/2010	-	-
Activity Code	2894Z	2894Z	2894Z
Employees	0	264	282

Active account

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	12 104 401	-40,9%	20 497 834	-8,3%	22 353 207	36 176,50	33359,3%
- Intangible assets	34 239	-63,9%	94 766	-45,8%	174 955	0	0%
- Tangible assets	12 064 151	-40,9%	20 397 056	-8,0%	22 173 554	13 740	87703,1%
- Financial assets	6 011	0%	6 011	27,9%	4 698	1 367	339,7%
Net current assets	49 568 674	-9,8%	54 924 094	-27,4%	75 649 933	199 107	24795,5%
- Stocks	12 348 160	-22,3%	15 889 559	-29,8%	22 633 230	35 533	34651,2%
- Advanced payments	22 270	-9,8%	545 143	-66,6%	1 630 882	0	0%
- Receivables	36 812 171	3,3%	35 646 738	-13,6%	41 270 810	83 335,50	44073,5%
- Securities and cash	386 073	-86,4%	2 842 653	-71,9%	10 115 012	41 907,50	821,3%
- Prepaid expenses	-	-	-	-	-	655	-
Accounts of regularization	132 816	-53,8%	287 457	42,1%	202 351	0	0%
Total Assets	61 805 891	-18,4%	75 709 385	-22,9%	98 205 491	269 230,50	22856,5%

Passive Account

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Shareholders' equity	42 470 545	-21,2%	53 868 412	-9,1%	59 262 301	87 318,50	48538,7%
Share capital	3 225 600	0%	3 225 600	0%	3 225 600	45 000	7068,0%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	2 820 981	-43,1%	4 961 637	0,4%	4 942 596	0	0%
Liabilities	16 446 525	-2,2%	16 821 957	-50,4%	33 935 650	124 100,50	13152,6%
- Financial liabilities	577 311	164,1%	218 599	359,7%	47 553	13 827,50	4075,1%
- Advanced payments received	1 918 891	54,1%	1 245 247	10,5%	1 127 341	0	0%
- Trade account payables	8 567 249	-7,3%	9 238 429	-59,0%	22 508 733	29 273	29166,7%
- Tax and social liabilities	2 546 484	8,6%	2 344 441	-46,5%	4 381 212	51 162	4877,3%
- Other debts and fixed assets liabilities	2 625 212	-19,1%	3 246 289	-29,7%	4 615 026	4 669,50	56120,4%
Account regularization	279 217	-52,4%	586 331	-55,6%	1 320 730	0	0%
Total liabilities	61 805 890	-18,4%	75 709 385	-22,9%	98 205 491	269 230,50	22856,5%

Results

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Sales of Goods	52 074 711	-34,0%	78 886 530	-41,3%	134 403 598	327 673	15792,3%
Net turnover	48 992 579	-38,8%	80 099 546	-38,8%	130 849 088	309 501	15729,5%
- of which net export turnover	47 402 847	-39,3%	78 135 769	-39,0%	128 127 626	110	43093397,3%
Operating charges	66 017 341	-22,8%	85 484 774	-35,5%	132 504 001	331 789	19797,4%
Operating profit/loss	-13 942 630	-111,3%	-6 598 244	-447,3%	1 899 597	3 390,50	-411326,4%
Financial income	831 451	-38,1%	1 343 913	-31,8%	1 971 931	441,50	188224,1%
Financial charges	375 844	-46,0%	696 610	-36,0%	1 088 217	1 363	27474,8%
Financial profit/loss	455 607	-29,6%	647 303	-26,8%	883 714	-163,50	278758,7%
Pretax net operating income	-13 487 023	-126,6%	-5 950 941	-313,8%	2 783 311	3 343,50	-403480,4%
Extraordinary income	2 527 623	4,7%	2 413 646	21,1%	1 992 345	340,50	742226,9%
Extraordinary charges	1 926 046	-45,2%	3 513 705	37,9%	2 548 679	605,50	317991,8%
Extraordinary profit/loss	601 577	-972,9%	-1 100 059	-97,7%	-556 334	0	0%
Net result	-11 802 793	-99,9%	-5 904 878	-688,5%	1 003 350	4 778,50	-247097,9%

Group data

This company is not identified as one of the biggest french chip.

event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
08/09/2010	Bodacc C	Comptes annuels et rapports
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 7797 - 328103981 RCS. STAUBLI LYON. Forme : Société par Actions Simplifiée. Adresse : 31 rue des Frères Lumière 69680 Chassieu. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
08/08/2009	Bodacc C	Comptes annuels et rapports
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 7475 - 328103981 RCS. STAUBLI LYON. Forme : Société par Actions Simplifiée. Adresse : 31 rue des Frères Lumière 69680 Chassieu. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
10/04/2009	Bodacc B	Modification et mutation diverse
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 1218 - 328 103 981 RCS Lyon. STAUBLI LYON. Forme : Société par Actions Simplifiée. Administration : SCHMITT André Bernard nom d'usage : SCHMITT André devient fondé de pouvoir.. BASSI Dario Massimo nom d'usage : BASSI Dario n'est plus fondé de pouvoir.. Commentaires : Modification de l'administration.
24/09/2008	Bodacc C	Comptes annuels et rapports
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 5829 - 328103981 RCS. STAUBLI LYON. Forme : Société par Actions Simplifiée. Adresse : 31 rue des Frères Lumière 69680 Chassieu. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
15/10/2007	Bodacc C	Avis de dépôt des comptes
4873 - 328 103 981. RCS Lyon STAUBLI LYON. Forme: société par actions simplifiée. Adresse du siège social: 31 rue des Frères Lumière 69680 Chassieu. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
14/09/2006	Bodacc C	Avis de dépôt des comptes
1125 - RCS Lyon B 328 103 981. RC 83-B 1108. STAUBLI LYON. Forme: S.A.S. Adresse du siège social: 31, Rue des Frères Lumière,69680 Chassieu. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
22/01/2006	Bodacc B	Modifications et mutations diverses
1368 - RCS Lyon 328 103 981. RC 83-B 01108. STAUBLI LYON. Forme : S.A.S. Adresse du siège social : 31 rue des Frères-Lumière,, 69680 Administration : nomination en qualité de fondé de pouvoir : CABANNE (Marc, Henri, Louis).
30/10/2005	Bodacc B	Modifications et mutations diverses
902 - RCS Lyon 328 103 981. RC 83-B 01108. STAUBLI LYON. Forme : S.A.S. Adresse du siège social : 31 rue des Frères-Lumière,, 69680 Administration : nouveau fondé de pouvoir : BASSI (Dario, Massimo).
24/09/2005	Bodacc C	Avis de dépôt des comptes
4575 - RCS Lyon B 328 103 981. RC 83-B 1108. STAUBLI LYON. Forme: société par actions simplifiée. Adresse du siège social: 31, Rue des Frères Lumière,69680 Chassieu. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
28/07/2005	Bodacc B	Modifications et mutations diverses
2092 - RCS Lyon 328 103 981. RC 83-B 01108. STAUBLI LYON. Forme : S.A.S. Adresse du siège social : 31 rue des Frères-Lumière,, 69680 Administration : président : PALAU (Joseph), ancien président du conseil d'administration. Anciens administrateurs : STAUBLI (Antoine) RIMOLDI (Enrico) REICHMUTH (Aldred, Joseph) CABANNE (Marc, Henri) BAREL (Thierry) et KUNG (Ulrich).
28/07/2005	Bodacc B	Modifications et mutations diverses
2093 - RCS Lyon 328 103 981. RC 83-B 01108. STAUBLI LYON. Forme : S.A.S. Adresse du siège social : 31 rue des Frères-Lumière,, 69680 Administration : ancien directeur général : BURNET-MERLIN (René).
22/01/2003	Bodacc B	Modifications et mutations diverses
RCS Lyon 328103981 RC 83-B 01108 STAUBLI LYON. Forme : S.A. à conseil d' administration. Adresse du siège social : 31 rue des Frères-Lumière, 69680 Chassieu. Administration : nouveau président du conseil d'administration : PALAU (Joseph). Nouveau directeur général : BURNET-MERLIN (René). Nouveaux administrateurs : BAREL ( Thierry) et KUNG (Ulrich). Ancien commissaire aux comptes titulaire : DUBAIL (Philippe). Nouveau commissaire aux comptes titulaire : JURALPES CONSEIL.
15/05/2001	Bodacc B	Modifications et mutations diverses
RCS Lyon 328103981 RC 83-B 01108 STAUBLI LYON. Forme : S.A. à conseil d' administration. Adresse du siège social : 31 rue des Frères-Lumière, 69680 Chassieu. Administration : nouveau commissaire aux comptes titulaire : FIDUCIAIRE DE FRANCE FIDEX K.P.M.G. Nouveau commissaire aux comptes suppléant : BIRRAUX (Maxime).
15/05/2001	Bodacc B	Modifications et mutations diverses
RCS Lyon 328103981 RC 83-B 01108 STAUBLI LYON. Forme : S.A. à conseil d' administration. Adresse du siège social : 31 rue des Frères-Lumière, 69680 Chassieu. Administration : ancien commissaire aux comptes titulaire : VESIN (Lucien). Nouveau commissaire aux comptes titulaire : DUBAIL (Philippe). Ancien commissaire aux comptes suppléant : DURET (Bernard). Nouveau commissaire aux comptes suppléant : S.A. R.L. PHILIPPE GAUBERT ASSOCIES.
15/05/2001	Bodacc B	Modifications et mutations diverses
RCS Lyon 328103981 RC 83-B 01108 STAUBLI LYON. Forme : S.A. à conseil d' administration. Capital : 3 225 600 euros. Adresse du siège social : 31 rue des Frères-Lumière, 69680 Chassieu. Administration : nouveau commissaire aux comptes titulaire : K.P.M.G. S.A. Commentaires : modification survenue sur le capital.
11/10/1996	Bodacc B	Modifications et mutations diverses
RCS Lyon B 328103981 RC 83-B 1108 STAUBLI LYON. Forme : S.A. Capital : 6 300 000 F. Adresse du siège social : 31, rue des Frères-Lumière, 69680 Chassieu. Administration : nouvel administrateur : CABANNE (Marc), en remplacement de STAUBLI (Gérard) et TOUTAN (Philippe). Date d'effet : 14 juin 1996.
12/03/1996	Bodacc B	Modifications et mutations diverses
RCS Lyon B 328 103 981 RC 83-B 01108 STAUBLI LYON. Forme : S.A. Capital : 6 300 000 F. Adresse du siège social : 31 rue des Frères-Lumière, 69- Chassieu. Commentaires : modification de la dénomination sociale : ancienne : STAUBLI VERDOL. Date d'effet : 1er janvier 1996.

Company events history

Date	Description
08/09/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
08/08/2009	Bodacc C : Deposit accounts notice
05/08/2009	Collection of preferential rights activated for this company
10/04/2009	Bodacc B: Various editing or changing
31/12/2008	New accounts available
24/09/2008	Bodacc C : Deposit accounts notice
08/02/2008	Private document
08/02/2008	Updated articles of association
08/02/2008	Minutes of general meeting of shareholders
31/12/2007	New accounts available
31/12/2006	New accounts available
31/12/2005	New accounts available
08/06/2005	Appointment/resignation of company officers
08/06/2005	Nomination/démission des organes de gestion
08/06/2005	Appointment/resignation of company officers
08/06/2005	Private document
08/06/2005	Private document
08/06/2005	Acte sous seing privé
08/06/2005	New legal form – no new category
08/06/2005	Changement de Forme Juridique sans changement de catégorie
08/06/2005	New legal form – no new category
08/06/2005	Audit or Management Report
08/06/2005	Rapport des Commissaires ou du Gérant
08/06/2005	Audit or Management Report
08/06/2005	Updated articles of association
08/06/2005	Updated articles of association
08/06/2005	Statuts mis à jour
08/06/2005	Minutes of general meeting of shareholders
08/06/2005	PV d'Assemblée
08/06/2005	Minutes of general meeting of shareholders
31/12/2004	New accounts available
31/12/2003	New accounts available
12/11/2002	Statuts mis à jour
12/11/2002	Modification du Conseil d'Administration
12/11/2002	PV d'Assemblée
12/11/2002	Acte sous seing privé
12/11/2002	PV du Conseil d'Administration
12/11/2002	Nomination/démission des organes de gestion
02/09/2002	Acte sous seing privé
02/09/2002	PV d'Assemblée
02/09/2002	Statuts mis à jour
05/04/2001	Acte sous seing privé
05/04/2001	Nomination/démission des organes de gestion
05/04/2001	Augmentation de Capital
05/04/2001	Conversion du Capital Social en Euros
05/04/2001	Changement de Commissaire aux Comptes
05/04/2001	Statuts mis à jour
05/04/2001	PV d'Assemblée
30/08/1996	Nomination/démission des organes de gestion
30/08/1996	Modification du Conseil d'Administration
30/08/1996	PV d'Assemblée
18/01/1996	PV d'Assemblée
18/01/1996	Changement de dénomination sociale
18/01/1996	Statuts mis à jour
29/03/1994	PV d'Assemblée
29/03/1994	Modification du Conseil d'Administration
29/03/1994	Nomination/démission des organes de gestion

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.46.02
UK Pound	1	Rs.73.61
Euro	1	Rs.64.78

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.