MIRA INFORM REPORT

Report Date :

10.08.2012

IDENTIFICATION DETAILS

Correct Name :	LE METAL
Registered Office :	Zac De Chesnes Nord, 16 Rue Des Combes, 38290 Satolas Et Bonce
Country :	France
Financials (as on) :	31.12.2010
Date of Incorporation :	November 2008
Com. Reg. No.:	RCS Vienne 1 509 331 955
Legal Form :	Simplified joint stock company
Line of Business :	Wholesale business of ores and metals
No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	Slow
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, 2012

Country Name	Previous Rating (31.12.2011)	Current Rating (31.03.2012)
France	A2	A2

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

REGISTERED NAME & COMPANY SUMMARY

Name

LE METAL

company summary

Acronym	LMC
Activity (APE)	Commerce de gros (commerce interentreprises) de minerais et métaux (4672Z) Wholesale business of ores and metals	Legal form	Simplified joint stock company
Phone		RCS Registration	RCS Vienne 1 509 331 955
Fax		Share capital	11,037,000 Euros
Address	LE METAL CENTRE LMC ZAC DE CHESNES NORD 16 RUE DES COMBES 38290 SATOLAS ET BONCE	Incorporated Date	12/2008
Nationality	France	Status	Economically active

Company details

Activity (APE)	Commerce de gros (commerce interentreprises) de minerais et métaux (4672Z)
RCS Registration	RCS Vienne 1 509 331 955	Share capital	11,037,000 Euros
Registration Court	Vienne (38)	Legal form	Simplified joint stock company
Court Registry Number	20 1 1B007	EU VAT Number
Incorporation Date	12/2008	Formation Date	11/2008
Deregistration Date		Last account Date	31/12/2010
Nationality	France

Establishment details

Acronym	LMC
Activity (APE)	Commerce de gros (commerce interentreprises) de minerais et métaux (4672Z)	Business Pages FT®
Postal Address	LE METAL CENTRE LMC ZAC DE CHESNES NORD 16 RUE DES COMBES 38290 SATOLAS ET BONCE	Trading Address	16 RUE DES COMBES 38290 SATOLAS ET BONCE
Telephone
Fax

DIRECTORS/MANAGEMENT

Current Directors

1

directors

Shareholder(s)

Name	AMARI METAL FRANCE SAS
Name of representative
Manager position	Président	Date of birth
Place of birth
Type	Moral person	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Président	M BARRY JACKSON
Président	M BARRY JACKSON
Président	M BARRY JACKSON
Président	AMARI METAL FRANCE SAS

NEGATIVE INFORMATION

Last published preferential right

This company is not under monitoring

Judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Status of collection

This company is not under monitoring

Recent publications in Gazettes

Publication date	Gazette Name	Description
24/10/2011	Bodacc C	Comptes annuels et rapports
38 - ISERE GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE 3093 - 509331955 RCS. LE METAL CENTRE. Forme : Société par Actions Simplifiée. Adresse : 16 rue des Combes 38290 Satolas-et-Bonce. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
22/07/2011	Bodacc A	Vente et cession : Acheteur
38 - ISERE GREFFE DU TRIBUNAL DE COMMERCE DE VIENNE 371 - 509 331 955 RCS Vienne. LE METAL CENTRE. Forme : Société par Actions Simplifiée. Capital : 11037000 EUR. Adresse : 16 rue des Combes, 38290 Satolas-et-Bonce. Origine du fonds : Apport partiel d'actif EUR. Etablissement : Etablissement principal. Adresse : 16 rue des Combes, 38290 Satolas-et-Bonce. Précédent propriétaire : ALMET. 968 504 936 RCS Vienne. Date de commencement de l’activité : 03/06/2011. Oppositions : . Descriptif : Immatriculation d'une personne morale suite au transfert du si¿ge hors ressort. Commentaires : Autre achat, apport, attribution.
15/07/2011	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1228 - 509 331 955 RCS Melun. LE METAL CENTRE. Forme : Société par actions simplifiée. Sigle : LMC. Administration : Président de la société : AMARI METAL FRANCE SAS Commissaire aux comptes titulaire : GRANT THORNTON Commissaire aux comptes suppléant : WILLIAMSON Luc. Capital : 11037000 EUR. Activité : L'achat, la vente de tous produits ou articles bruts, semi-ouvrés ou manufacturés en aluminium et aciers inoxydables ainsi que de tous autres métaux et/ou alliages, comme de tous accessoires y relatifs. L'acquisition, la cession, l'administration, l'exploitation, la gestion d'actifs immobiliers, notamment d'immeubles à usages de bureaux et d'entrepôts. Adresse de l’établissement principal : 11 rue Louis Armand, 77330 Ozoir-la-Ferrière. Adresse du siège social : 11 rue Louis Armand, 77330 Ozoir-la-Ferrière. Commentaires : Augmentation de capital Changement de l'objet et de l'activité. Date de commencement de l’activité : 14/11/2008. Date d’effet : 03/06/2011.
29/05/2011	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1543 - 509 331 955 RCS Melun. LE METAL CENTRE. Forme : Société par actions simplifiée. Sigle : LMC. Administration : Président de la société : AMARI METAL FRANCE SAS Commissaire aux comptes titulaire : GRANT THORNTON Commissaire aux comptes suppléant : WILLIAMSON Luc. Capital : 37000 EUR. Activité : L'acquisition, la cession, l'administration, l'exploitation, la gestion d'actifs immobiliers, notamment d'immeubles à usages de bureaux et d'entrepôts. Adresse de l’établissement principal : 11 rue Louis Armand, 77330 Ozoir-la-Ferrière. Adresse du siège social : 11 rue Louis Armand, 77330 Ozoir-la-Ferrière. Commentaires : Changement de dénomination sociale Changement de président du conseil d'administration. Date de commencement de l’activité : 14/11/2008. Date d’effet : 21/04/2011.
17/05/2011	JAL	Appointment of the social representative
Pays Briard (Le) Société faisant l'objet d'une nomination : 509331955 - CMIC IMMO, 11 RUE LOUIS ARMAND, 77330 OZOIR LA FERRIERE Nominé : En la fonction de : Président Date d'effet : 21/04/2011
17/05/2011	JAL	Resignation / Revocation of the social representative
Pays Briard (Le) Date de décision : 21/04/2011 La société 509331955 - CMIC IMMO, 11 RUE LOUIS ARMAND, 77330 OZOIR LA FERRIERE Fait l'objet du départ de Date d'effet : 21/04/2011
23/11/2010	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 11582 - 509331955 RCS. CMIC IMMO. Forme : Société par actions simplifiée. Adresse : 11 rue Louis Armand 77330 Ozoir-la-Ferrière. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
25/11/2009	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 9708 - 509331955 RCS. CMIC IMMO. Forme : Société par actions simplifiée. Adresse : 11 rue Louis Armand 77330 Ozoir-la-Ferrière. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
02/01/2009	Bodacc A	Création d'établissement
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1564 - 509 331 955 RCS Melun. CMIC IMMO. Forme : Société par actions simplifiée. Administration : Président de la société : JACKSON Barry. Commissaire aux comptes titulaire : GRANT THORNTON. Commissaire aux comptes suppléant : WILLIAMSON Luc. Capital : 37000 EUR. Adresse : 11 rue Louis Armand, 77330 Ozoir-la-Ferrière. Etablissement : Siège social et établissement principal. Activité : L'acquisition, la cession, l'administration, l'exploitation, la gestion d'actifs immobiliers, notamment d'immeubles à usages de bureaux et d'entrepôts. Adresse : 11 rue Louis Armand, 77330 Ozoir-la-Ferrière. A dater du : 17/12/2008. Date de commencement de l’activité : 14/11/2008. Commentaires : Immatriculation d'une personne morale (B, C, D) suite à création d'un établissement principal.

SHARE & SHARE CAPITAL INFORMATION

Na

GROUP STRUCTURE & AFFILIATED COMPANIES

Ultimate Holding Company
	Company Name	Company number
	AMARI METAL LTD	-

Group data

Ultimate parent company	AMARI METAL LTD
Direct parent	ALMET - 99.66 %
Group – Number of companies	8
Linkages – Number of companies	-
Number of countries	-

Go directly to the current company

Display only where participation % > 33 %

Display all participations

Raison sociale	SIREN	Parts	Score	Limite	Derniers comptes publiés
AMARI METAL LTD	-	-	-	-	-
AMARI METAL FRANCE	404495566	100%	100	190 000 €	31/12/2010
SERVICE CENTRES AERO FRANCE	300209715	100%	19	0 €	31/12/2010
EURALLIAGE	401752803	100%	96	220 000 €	31/12/2010
SA PRODUITS INDUSTRIELS ET METALLU...	706520806	100%	100	250 000 €	31/12/2009
CHARRON INOX	350857140	100%	100	700 000 €	31/12/2010
ALMET	968504936	Majoritaire	100	2 000 000 €	31/12/2010
LE METAL CENTRE	509331955	99.66%	100	1 650 €	31/12/2010

Linkages

Ultimate parent company	AMARI METAL LTD
Direct parent	ALMET - 99.66 %
Group – Number of companies	8
Linkages – Number of companies	-
Number of countries	-

FINANCIAL INFORMATION

Trading to Date	12/31/2010	12/31/2009	12/31/2008
	Turnover	0 €	0 €	0 €
	Gross Operating Surplus	-	-	-
	Net worth	25,935 €	29,499 €	31,581 €
	Employees	0 employee	-	-

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2010	31/12/2009	31/12/2008
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	19/10/2011	25/11/2010	21/10/2009
Activity Code	4672Z	4672Z	4672Z
Employees	0	0	0

Active account

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	0	0%	0	0%	0	59 545,50	0%
- Intangible assets	0	0%	0	0%	0	0	0%
- Tangible assets	0	0%	0	0%	0	25 260,50	0%
- Financial assets	0	0%	0	0%	0	3 396	0%
Net current assets	29 253	-5,7%	31 019	-18,5%	38 062	873 898,50	-96,7%
- Stocks	0	0%	0	0%	0	143 271,50	0%
- Advanced payments	0	-5,7%	0	0%	0	0	0%
- Receivables	349	-58,0%	830	-21,8%	1 062	392 002	-99,9%
- Securities and cash	28 904	-4,3%	30 189	-18,4%	37 000	115 890	-75,1%
- Prepaid expenses	-	-	-	-	-	0	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	29 253	-5,7%	31 019	-18,5%	38 062	1 088 902,50	-97,3%

Passive Account

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Shareholders' equity	25 935	-12,1%	29 499	-6,6%	31 581	364 453	-92,9%
Share capital	37 000	0%	37 000	0%	37 000	76 362,50	-51,5%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	0	0%	0	0	0%
Liabilities	3 318	118,4%	1 519	-76,6%	6 480	569 991	-99,4%
- Financial liabilities	0	0%	0	0%	6 480	41 169,50	0%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	3 318	118,4%	1 519	0%	0	252 010,50	-98,7%
- Tax and social liabilities	0	0%	0	0%	0	101 384	0%
- Other debts and fixed assets liabilities	0	0%	0	0%	0	4 804	0%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	29 253	-5,7%	31 018	-18,5%	38 062	1 088 902	-97,3%

Results

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Sales of Goods	0	0%	0	0%	0	1 933 358,50	0%
Net turnover	0	0%	0	0%	0	1 914 390	0%
- of which net export turnover	0	0%	0	0%	0	0	0%
Operating charges	3 599	84,1%	1 955	-63,9%	5 419	1 844 186,50	-99,8%
Operating profit/loss	-3 599	-84,1%	-1 955	63,9%	-5 419	55 779	-106,5%
Financial income	34	61,9%	21	0%	0	483,50	-93,0%
Financial charges	0	0%	148	0%	0	4 692,50	0%
Financial profit/loss	34	126,8%	-127	0%	0	-691,50	104,9%
Pretax net operating income	-3 565	-71,2%	-2 082	61,6%	-5 419	45 713	-107,8%
Extraordinary income	0	0%	0	0%	0	551	0%
Extraordinary charges	0	0%	0	0%	0	465,50	0%
Extraordinary profit/loss	0	0%	0	0%	0	0	0%
Net result	-3 565	-71,2%	-2 082	61,6%	-5 419	43 843	-108,1%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2010	31/12/2009	31/12/2008
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2010		31/12/2009		31/12/2008
	Grand Total (I to VI)	Net	29 253	-5,7%	31 019	-18,5%	38 062
	Gross	CO	29 253	-5,7%	31 019	-18,5%	38 062
	Amortisation	1A	0	0%	0	0%	0

Non declared distributed capital (I)

		31/12/2010		31/12/2009		31/12/2008
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

			31/12/2010		31/12/2009		31/12/2008
	Total Active fixed asset (II)	Net	0	0%	0	0%	0
	Gross	BJ	0	0%	0	0%	0
	Amortisation	BK	0	0%	0	0%	0

Intangilble fixed assets

			31/12/2010		31/12/2009		31/12/2008
	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	0	0%	0	0%	0
	Gross	AF	0	0%	0	0%	0
	Amortisation	AG	0	0%	0	0%	0
	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	0	0%	0	0%	0

Tangilble fixed assets

			31/12/2010		31/12/2009		31/12/2008
	Lands	Net	0	0%	0	0%	0
	Gross	AN	0	0%	0	0%	0
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	0	0%	0	0%	0
	Gross	AP	0	0%	0	0%	0
	Amortisation	AQ	0	0%	0	0%	0
	Plant	Net	0	0%	0	0%	0
	Gross	AR	0	0%	0	0%	0
	Amortisation	AS	0	0%	0	0%	0
	Other tangible fixed assets	Net	0	0%	0	0%	0
	Gross	AT	0	0%	0	0%	0
	Amortisation	AU	0	0%	0	0%	0
	Fixed assets in construction	Net	0	0%	0	0%	0
	Gross	AV	0	0%	0	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	0		0		0

Financial assets

			31/12/2010		31/12/2009		31/12/2008
	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	0	0%	0	0%	0
	Gross	BH	0	0%	0	0%	0
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		0		0		0

Current Assets (III)

			31/12/2010		31/12/2009		31/12/2008
	Total Assets	Net	29 253	-5,7%	31 019	-18,5%	38 062
	Gross	CJ	29 253	-5,7%	31 019	-18,5%	38 062
	Amortisation	CK	0	0%	0	0%	0

Stocks

			31/12/2010		31/12/2009		31/12/2008
	Raw materials	Net	0	0%	0	0%	0
	Gross	BL	0	0%	0	0%	0
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	0	0%	0	0%	0
	Gross	BN	0	0%	0	0%	0
	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	0	0%	0	0%	0
	Gross	BR	0	0%	0	0%	0
	Amortisation	BS	0	0%	0	0%	0
	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	0	0%	0	0%	0

Advance payments to suppliers

			31/12/2010		31/12/2009		31/12/2008
	Advance payments to suppliers	Net	0	0%	0	0%	0
	Gross	BV	0	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2010		31/12/2009		31/12/2008
	Trade accounts receivable	Net	0	0%	0	0%	0
	Gross	BX	0	0%	0	0%	0
	Amortisation	BY	0	0%	0	0%	0
	Other debtors	Net	349	-58,0%	830	-21,8%	1 062
	Gross	BZ	349	-58,0%	830	-21,8%	1 062
	Amortisation	CA	0	0%	0	0%	0
	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	349	-58,0%	830	-21,8%	1 062

Divers

			31/12/2010		31/12/2009		31/12/2008
	Investment securities	Net	28 067	0,1%	28 033	0%	0
	Gross	CD	28 067	0,1%	28 033	0%	0
	Amortisation	CE	0	0%	0	0%	0
	Cash and cash equivalents	Net	837	-61,2%	2 156	-94,2%	37 000
	Gross	CF	837	-61,2%	2 156	-94,2%	37 000
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	28 904	-4,3%	30 189	-18,4%	37 000

Prepaid expenses

			31/12/2010		31/12/2009		31/12/2008
	Prepaid expenses	Net	0	0%	0	0%	0
	Gross	CH	0	0%	0	0%	0
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2010		31/12/2009		31/12/2008
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	0	0%	0	0%	0
Gross		0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
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)

		31/12/2010		31/12/2009		31/12/2008
Grand Total (I to V)	EE	29 253	-5,7%	31 018	-18,5%	38 062

Shareholder Equity (I)

			31/12/2010		31/12/2009		31/12/2008
	Total shareholders' equity (Total I)	DL	25 935	-12,1%	29 499	-6,6%	31 581
	Equity and shareholders' equity	DA	37 000	0%	37 000	0%	37 000
	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	0	0%	0	0%	0
	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	0	0%	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	-7 500	-38,4%	-5 419	0%	0
	Profit or loss for the period	DI	-3 565	-71,2%	-2 082	61,6%	-5 419
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

			31/12/2010		31/12/2009		31/12/2008
	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)

			31/12/2010		31/12/2009		31/12/2008
	Total provisions for risks and charges (Total III)	DR	0	0%	0	0%	0
	Risk provisions	DP	0	0%	0	0%	0
	Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

			31/12/2010		31/12/2009		31/12/2008
	Total Liabilities (Total IV)	EC	3 318	118,4%	1 519	-76,6%	6 480
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	0	0%	0	0%	5 901
	Sundry loans and financial liabilities	DV	0	0%	0	0%	579
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	3 318	118,4%	1 519	0%	0
	Tax and social security liabilities	DY	0	0%	0	0%	0
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	0	0%	0	0%	0

Translation loss (V)

		31/12/2010		31/12/2009		31/12/2008
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/12/2010		31/12/2009		31/12/2008
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	0	0%	0
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)

		31/12/2010		31/12/2009		31/12/2008
Operating result (Total I-II)	GG	-3 599	-84,1%	-1 955	63,9%	-5 419

2 - Financial result (V - VI)

		31/12/2010		31/12/2009		31/12/2008
Financial result (Total V-VI)	GV	34	126,8%	-127	0%	0

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

		31/12/2010		31/12/2009		31/12/2008
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	-3 565	-71,2%	-2 082	61,6%	-5 419

4 - Extraordinary result (VII-VIII)

		31/12/2010		31/12/2009		31/12/2008
Extraordinary result (Total VII-VIII)	HI	0	0%	0	0%	0

Profit or loss

		31/12/2010		31/12/2009		31/12/2008
Profit or loss	HN	-3 565	-71,2%	-2 082	61,6%	-5 419

Total Income (I+III+V+VII)

		31/12/2010		31/12/2009		31/12/2008
Total Income (I+III+V+VII)	HL	34	61,9%	21	0%	0

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

		31/12/2010		31/12/2009		31/12/2008
Total charges (Total II+IV+VI+VIII+IX+X)	HM	3 599	71,1%	2 103	-61,2%	5 419

Operating income (I)

		31/12/2010		31/12/2009		31/12/2008
Total operating income (Total I)	FR	0	0%	0	0%	0

Operating income (details)

			31/12/2010		31/12/2009		31/12/2008
	Sale of goods for resale	FC	0	0%	0	0%	0
	France	FA	0	0%	0	0%	0
	Export	FB	0	0%	0	0%	0
	Sale of goods produced	FF	0	0%	0	0%	0
	France	FD	0	0%	0	0%	0
	Export	FE	0	0%	0	0%	0
	Sale of services	FI	0	0%	0	0%	0
	France	FG	0	0%	0	0%	0
	Export	FH	0	0%	0	0%	0
	Net turnover	FL	0	0%	0	0%	0
	France	FJ	0	0%	0	0%	0
	Export	FK	0	0%	0	0%	0
	Stocked production	FM	0	0%	0	0%	0
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	0	0%	0	0%	0
	Release of reserves and provisions	FP	0	0%	0	0%	0
	Other income	FQ	0	0%	0	0%	0

Operating charges (II)

		31/12/2010		31/12/2009		31/12/2008
Total operating charges (Total II)	GF	3 599	84,1%	1 955	-63,9%	5 419

Exploitation charges

		31/12/2010		31/12/2009		31/12/2008
Purchase of goods for resale	FS	0	0%	0	0%	0
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	0	0%	0	0%	0
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	3 599	100,3%	1 797	-66,8%	5 419
Tax, duty and similar payments	FX	0	0%	158	0%	0
Payroll	FY	0	0%	0	0%	0
Social security costs	FZ	0	0%	0	0%	0

Depreciation

		31/12/2010		31/12/2009		31/12/2008
Depreciation of fixed assets	GA	0	0%	0	0%	0
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2010		31/12/2009		31/12/2008
Other charges	GE	0	0%	0	0%	0

Operating charges (III-IV)

		31/12/2010		31/12/2009		31/12/2008
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)

		31/12/2010		31/12/2009		31/12/2008
Total financial income (Total V)	GP	34	61,9%	21	0%	0
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	34	61,9%	21	0%	0
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	0	0%	0	0%	0
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

			31/12/2010		31/12/2009		31/12/2008
	Total financial charge (Total VI)	GU	0	0%	148	0%	0
	Financial reserves and provisions	GQ	0	0%	0	0%	0
	Interest and similar charges	GR	0	0%	0	0%	0
	Exchange losses	GS	0	0%	148	0%	0
	Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Financial Charge (VII)

			31/12/2010		31/12/2009		31/12/2008
	Total extraordinary income (Total VII)	HD	0	0%	0	0%	0
	Extraordinary operating income	HA	0	0%	0	0%	0
	Extraordinary income from capital transactions	HB	0	0%	0	0%	0
	Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

			31/12/2010		31/12/2009		31/12/2008
	Total extraordinary charges (Total VIII)	HH	0	0%	0	0%	0
	Extraordinary operating charges	HE	0	0%	0	0%	0
	Extraordinary charges from capital transactions	HF	0	0%	0	0%	0
	Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

		31/12/2010		31/12/2009		31/12/2008
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/12/2010		31/12/2009		31/12/2008
Tax on profits (Total X)	HK	0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
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)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	OG	0	0%	0	0%	0
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	0	0%	0	0%	0
	Gross value at the end of period	OL	0	0%	0	0%	0

Research and development Charge (Total I)

			31/12/2010		31/12/2009		31/12/2008
	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)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	KD	0	0%	0	0%	0
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	0	0%	0
	Gross value at the end of period	LW	0	0%	0	0%	0

Tangible fixed assets (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LN	0	0%	0	0%	0
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	0	0%	0	0%	0
	Gross value at the end of period	NH	0	0%	0	0%	0

Fiancial assets (Total IV)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LQ	0	0%	0	0%	0
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0	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%	0	0%	0

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

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2010		31/12/2009		31/12/2008
	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)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	PE	0	0%	0	0%	0
Increases		PF	0	0%	0	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	0	0%	0	0%	0

Total fixed assets amotisation (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	QU	0	0%	0	0%	0
Increases		QV	0	0%	0	0%	0
Decreases		QW	0	0%	0	0%	0
	Decreasess by budget item transfer	QX	0	0%	0	0%	0

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

			31/12/2010		31/12/2009		31/12/2008
	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

			31/12/2010		31/12/2009		31/12/2008
	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)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7C	0	0%	0	0%	0
Increases		UB	0	0%	0	0%	0
Decreases		UC	0	0%	0	0%	0
	Value at the end of period	UD	0	0%	0	0%	0

Includes Total allocations

Operating	UE	0	0%	0	0%	0
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	0	0%	0	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7B	0	0%	0	0%	0
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	0	0%	0	0%	0

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

		31/12/2010		31/12/2009		31/12/2008
Gross value	VT	0	0%	0	0%	0
1 year at most	VU	0	0%	0	0%	0
More than one year	VV	0	0%	0	0%	0

State of loans

		31/12/2010		31/12/2009		31/12/2008
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%	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2010		31/12/2009		31/12/2008
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	0	0%	0	0%	0
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%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	0	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0	0%	0

Prepaid

		31/12/2010		31/12/2009		31/12/2008
Prepaid	VS	0	0%	0	0%	0

State Debt

			31/12/2010		31/12/2009		31/12/2008
	Total debt (gross)	VY	0	0%	0	0%	0
1 year at most		VZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2010		31/12/2009		31/12/2008
	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%	0	0%	0
1 year at most		VG2	0	0%	0	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%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	0	0%	0	0%	0
1 year at most		8B2	0	0%	0	0%	0
More than 1 year and 5 years at most		8B3	0	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	0	0%	0
1 year at most		8C2	0	0%	0	0%	0
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%	0	0%	0
1 year at most		8D2	0	0%	0	0%	0
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%	0	0%	0
1 year at most		VW2	0	0%	0	0%	0
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%	0	0%	0
1 year at most		VQ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	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%	0	0%	0
1 year at most		8K2	0	0%	0	0%	0
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%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
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

		31/12/2010		31/12/2009		31/12/2008
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2010		31/12/2009		31/12/2008
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

		31/12/2010		31/12/2009		31/12/2008
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

		31/12/2010		31/12/2009		31/12/2008
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

		31/12/2010		31/12/2009		31/12/2008
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

		31/12/2010		31/12/2009		31/12/2008
Average number of employees	YP	0	0%	0	0%	0

Groups and Shareholders

		31/12/2010		31/12/2009		31/12/2008
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

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Fixed Asset Financing			-		-		3,22	-
Global Debt		days	-	days	-	days	101 days	-
Working Capital Fund overall net		days	-	days	-	days	69 days	-
Financial independence		%	-	%	-	535,18%	1154,37%	-
More ratios
Solvability		88,66%	-6,8%	95,10%	14,6%	82,97%	41,21%	115,1%
Capacity debt futures		%	-	%	-	%	3039,57%	-
Coverage of current assets by net working capital overall		45,25%	-9,4%	49,95%	-50,0%	100%	46,44%	-2,6%
General Liquidity			-		-		0,82	-
Restricted Liquidity			-		-		1,23	-

Management or rotation

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Need background in operating working capital		days	-	days	-	days	38 days	-
Treasury		days	-	days	-	days	16 days	-
Inventory turnover of goods		days	-	days	-	days	51 days	-
Average length of credit granted to customers		days	-	days	-	days	63 days	-
Average length of credit obtained suppliers		332 days	9,2%	304 days	0%	0 days	62 days	435,5%
More ratios
Inventory turnover of raw materials in industrial enterprises		days	-	days	-	days	0 days	-
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	738,50 days	-
Rotation tangible assets		%	-	%	-	%	1352,61%	-

Profitability of the business

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Margin trading		%	-	%	-		18,75%	-
Profitability of the business			-		-		3,91%	-
Net profit		%	-	%	-	%	2,71%	-
More ratios
Growth rate of turnover (excluding VAT)		0%	0%	0%	-	%	9,89%	0%
Rates integration		%	-	%	-	%	17,19%	-
Rate leasing furniture		%	-	%	-	%	0%	-
Work Factor		0%	0%	0%	0%	0%	61,56%	0%
Weight interests			-	%	-	%	0,20%	-

Return on capital

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Cash flow from the overall profitability		%	-	%	-	%	2,83%	-
Rates of economic profitability		-14%	-100%	-7%	50,0%	-14%	15%	-193,3%
Financial profitability		25935%	-12,1%	29499%	-6,6%	31581%	361478,50%	-92,8%
Return on investment		-13,75%	-109,6%	-6,56%	53,9%	-14,24%	12%	-214,6%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Turnover	0	0%	0	0%	0	1 914 390 €	0%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	0	0%	0	0%	0
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	0 €	0%	0 €	0%	0 €	321 989 €	0%
	% CA	-	% CA	-	% CA	19,40 % CA	-

Sale of goods produced	0	0%	0	0%	0
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	0 €	0%	0 €	0%	0 €	48 004,50 €	0%
	% CA	-	% CA	-	% CA	2,43 % CA	-

Trading margin	0	0%	0	0%	0	321 989	0%
+ Period Production	0	0%	0	0%	0	48 004,50	0%
- Purchase of raw materials	0	0%	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	3 599	100,3%	1 797	-66,8%	5 419
Added value	-3 599 €	-100,3%	-1 797 €	66,8%	-5 419 €	321 988 €	-101,1%
	% CA	-	% CA	-	% CA	17,19 % CA	-

Added value	-3 599 €	-100,3%	-1 797 €	66,8%	-5 419 €	321 988 €	-101,1%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	0	0%	158	0%	0
- Personal charges	0	0%	0	0%	0
Gross operating surplus	-3 599 €	-84,1%	-1 955 €	63,9%	-5 419 €	67 422 €	-105,3%
	% CA	-	% CA	-	% CA	3,91 % CA	-

Gross operating surplus	-3 599 €	-84,1%	-1 955 €	63,9%	-5 419 €	67 422 €	-105,3%
+ Release of reserves and provisions	0	0%	0	0%	0
+ Other operating income	0	0%	0	0%	0
- Depreciation/Amortisation	0	0%	0	0%	0
- Other charges	0	0%	0	0%	0
Operating result	-3 599 €	-84,1%	-1 955 €	63,9%	-5 419 €	55 780 €	-106,5%
	% CA	-	% CA	-	% CA	3,27 % CA	-

Operating result	-3 599 €	-84,1%	-1 955 €	63,9%	-5 419 €	55 780 €	-106,5%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	34	61,9%	21	0%	0
- Financial charges	0	0%	148	0%	0
Pre-tax result	-3 565 €	-71,2%	-2 082 €	61,6%	-5 419 €	45 740 €	-107,8%
	% CA	-	% CA	-	% CA	3,17 % CA	-

Extraordinary income	0	0%	0	0%	0	551	0%
- Extraordinary charges	0	0%	0	0%	0
Extraordinary result	0 €	0%	0 €	0%	0 €	0 €	0%
	% CA	-	% CA	-	% CA	0 % CA	-

Pre-tax result	-3 565 €	-71,2%	-2 082 €	61,6%	-5 419 €	45 740 €	-107,8%
Extraordinary result	0 €	0%	0 €	0%	0 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	0	0%	0	0%	0
Net result	-3 565 €	-71,2%	-2 082 €	61,6%	-5 419 €	43 844,50 €	-108,1%
	% CA	-	% CA	-	% CA	2,71 % CA	-

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Trends
	Profitability
	Liquidity
	Net worth

Type	Head office	Status	Economically active
	Formation Date	06/2011	Reason for formation	Contribution
	Closure Date		Reason for closure
	Reactivation Date		Production Role
	Activity Nature	Other	Activity Location	Other
	Location surface		Seasonality

Department		Region	Rhône-Alpes
District		Area
City	SATOLAS ET BONCE	Size of urban area

Other establishments

Branches	1 branch entities in this company
Head office	> LE METAL CENTRE <<<  - Commerce de gros (commerce interentreprises) de minerais et métaux (4672Z)  in SATOLAS ET BONCE  (38290)
Secondary establishments	>  LE METAL CENTRE  - Commerce de gros (commerce interentreprises) de minerais et métaux (4672Z)  in OZOIR LA FERRIERE  (77330)

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

0 employee

Company workforce

0 employee

event history

Status history

Date	Description
03/06/2011	Economically active

Company events history

Date	Description
24/10/2011	Bodacc C : Deposit accounts notice
20/10/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
22/07/2011	Bodacc A : Sale and transfer
15/07/2011	Bodacc B: Various editing or changing
08/07/2011	Updated articles of association
08/07/2011	Amendment
05/07/2011	Updated articles of association
05/07/2011	Change to corporate purpose
05/07/2011	Capital increase
05/07/2011	Declaration of conformity
05/07/2011	Amendment
03/06/2011	New ultimate parent
03/06/2011	New parent detected
03/06/2011	Modification of Company Activity
03/06/2011	Other modification of Establishment
03/06/2011	Transfer of Establishment
03/06/2011	Update of Company Activity
03/06/2011	Update of Company Head Office Identifier
29/05/2011	Bodacc B: Various editing or changing
18/05/2011	Updated articles of association
18/05/2011	New chairman (CEO, CoB)
18/05/2011	New company name
18/05/2011	Amendment
17/05/2011	Legal Gazette: Resignation / Revocation of the social representative
03/05/2011	Planned merger
29/04/2011	Application and court order
21/04/2011	Legal Gazette: Appointment of the social representative
31/12/2010	New accounts available
23/11/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
25/11/2009	Bodacc C : Deposit accounts notice
02/01/2009	Bodacc A : Establishment creation
02/01/2009	New Bodacc A ads detected
31/12/2008	New accounts available
17/12/2008	Articles of association
17/12/2008	Fund deposit certificate
17/12/2008	Private document
17/12/2008	Company formation
17/12/2008	Amendment

Establishment events history

Date	Description
20/10/2011	Update Rating
20/10/2011	Update Limit
03/09/2011	Update Rating
03/06/2011	Update of Establishment Activity
03/06/2011	Update of Establishment Workforce
03/06/2011	Formation of Head office (after transfer)
03/06/2011	Modification of Head office Activity

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.17
UK Pound	1	Rs.86.43
Euro	1	Rs.68.27

INFORMATION DETAILS

Report Prepared by :

MNL

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.