MIRA
INFORM REPORT
|
Report Date : |
31.08.2012 |
IDENTIFICATION DETAILS
|
Correct Name : |
DIAGOMODA SL |
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Registered Office : |
Calle Juan De La Cierva (Pg Prado Regordon), 60, 28936 Mostoles Madrid |
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Country : |
Spain |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
01.01.1960 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
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No. of Employees : |
526 employees |
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 |
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Payment Behaviour : |
Slow but Correct |
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Litigation : |
Exists |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
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High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Spain - ECONOMIC OVERVIEW
spain's mixed capitalist economy is the 13th largest
in the world, and its per capita income roughly matches that of Germany and
France. However, after almost 15 years of above average GDP growth, the Spanish
economy began to slow in late 2007 and entered into a recession in the second
quarter of 2008. GDP contracted by 3.7% in 2009, ending a 16-year growth trend,
and by another 0.1% in 2010, before turning positive in 2011, making Spain the
last major economy to emerge from the global recession. The reversal in
Spain''s economic growth reflected a significant decline in construction amid
an oversupply of housing and falling consumer spending, while exports actually
have begun to grow. Government efforts to boost the economy through stimulus
spending, extended unemployment benefits, and loan guarantees did not prevent a
sharp rise in the unemployment rate, which rose from a low of about 8% in 2007
to over 20% in 2011. The government budget deficit worsened from 3.8% of GDP in
2008 to 9.2% of GDP in 2010, more than three times the euro-zone limit. Madrid cut
the deficit to 8.5% of GDP in 2011, a larger deficit than the 6% target
negotiated between Spain and the EU. Spain''s large budget deficit and poor
economic growth prospects have made it vulnerable to financial contagion from
other highly-indebted euro zone members despite the government''s efforts to
cut spending, privatize industries, and boost competitiveness through labor
market reforms. Spanish banks'' high exposure to the collapsed domestic
construction and real estate market also poses a continued risk for the sector.
The government oversaw a restructuring of the savings bank sector in 2010, and
provided some $15 billion in capital to various institutions. Investors remain
concerned that Madrid may need to bail out more troubled banks. The Bank of Spain,
however, is seeking to boost confidence in the financial sector by pressuring
banks to come clean about their losses and consolidate into stronger groups.
|
Source : CIA |
Company name
DIAGOMODA SL
CIF/NIF: B28885275
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name: DIAGOMODA SL
Commercial name: BLANCO
Other names: YES
Current Address: CALLE JUAN DE LA CIERVA (PG
PRADO REGORDON), 60
Branches: 9
Telephone number: 916476068 Fax: 916476953
URL: www.blanco.com
Corporate e-mail: blanco@blanco.com
Trade Risk
Incidents: YES
R.A.I.: NO
Financial Information
Balance sheet latest sales (2010): 213.767.000,00 € (Mercantile Register)
Result: 3.121.000 €
Total Assets: 76.976.000 €
Share capital: 922.000,00 €
Employees: 526
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 23/12/1983
Activity: Mfg. of outerwear
NACE 2009 CODE: 1413
International Operations: Imports and
Exports
Corporate Structure
Joint and Several Administrator:
BLANCO
MORENO, BERNARDO RICARDO
Parent Company:
Participations: 1
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2010
Latest act published in BORME: 27/10/2011 Partial Split
Latest press article: 23/01/2012 EXPANSIÓN (GENERAL
INFORMATION)
Bank Entities: There are
The date when this report was last updated is 29/08/2012.
The information contained in this report has been investigated and
contrasted on 20/12/2011
Financial
situation
|
Exercise:2010 |
Evolution |
|||
|
Treasury |
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Average |
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Indebtedness |
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Important |
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Profitability |
|
Average |
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Balance |
|
Average |
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|
Performance
|
Incidents |
|
None or
Negligible |
|
Business
Trajectory |
|
Excellent |
Rating Explanation
Financial situation
•
The company’s financial situation is normal.
•
The company’s financial situation evolution has
been positive.
•
The sales evolution and results has
been positive.
•
The auditor’s opinion about the latest accounts has
been favourable.
Company Structure
•
The company’s capitalization degree determines that
its structure is sound.
•
The company’s size is big depending on
its sales volume.
•
The employees evolution has been negative.
Performance and Incidences
•
The available information indicates that the
company does not have payment incidences.
•
He have detected recent legal actions or claims
from the Administration against this company.
Accounts Filing
•
The company files regularly its accounts.
Reasons of the
last outstanding calculation in the note
|
DATE |
CHANGE |
RESULTING NOTE |
EVENT |
|
13/03/2012 |
Equal |
13 |
•
Variation in the rating system with regards to
legal incidences information. |
|
19/01/2012 |
Equal |
13 |
•
There has been a variation in the risk associated
to the activity sector of the company. |
|
18/01/2012 |
Increase |
13 |
•
New financial statements have been uploaded. |
INCIDENTS
Summary
LEGAL ACTIONS: 1 ( Last:06/02/2012 )
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Insolvency Proceeding: |
0 |
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Civil Court: |
0 |
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Labour Courts: |
1 |
|
ADMINISTRATIVE CLAIMS: No administrative claims registered .
AFFECTED BY: No significant element.
Last Legal Actions
figures expressed in €
LABOUR COURT.
|
DATE |
INCIDENCE STATUS |
ACTOR |
AMOUNT |
|
06/02/2012 |
SEIZURE |
|
|
There are 1 incident(s) in the labour courts registered .
Details of the
Latest Legal Actions
figures expressed in €
LABOUR COURT.
|
|
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|
Conducted in |
MADRID, SOCIAL COURT N. 16 |
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Writ Number |
2780/2012 |
|
Complaint Date |
06/02/2012 |
Record of the claim
|
PHASE |
SEIZURE |
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|
Date of the Edict: 13/03/2012 |
|
|
Source: Published in Gazette of MADRID, page 211 |
Plaintiffs
|
NAME |
DATE |
AMOUNT |
ENFORCEMENT NUMBER |
|
BENITO MOGUEL SANDRA |
06/02/2012 |
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|
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
27/08/2012 13:08:19
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
Figures given in thousands €
|
|
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
15.318,00 |
19,90 |
14.218,00 |
25,66 |
10.799,23 |
34,55 |
|
B) CURRENT ASSETS |
61.658,00 |
80,10 |
41.189,00 |
74,34 |
20.457,94 |
65,45 |
|
LIABILITIES |
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|
|
|
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|
A) NET WORTH |
12.184,00 |
15,83 |
8.770,00 |
15,83 |
6.220,94 |
19,90 |
|
B) NON CURRENT LIABILITIES |
3.693,00 |
4,80 |
1.698,00 |
3,06 |
832,45 |
2,66 |
|
C) CURRENT LIABILITIES |
61.099,00 |
79,37 |
44.939,00 |
81,11 |
24.203,78 |
77,43 |
Profit and loss
account analysis
Figures given in thousands €
|
|
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2008 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
213.767,00 |
|
166.956,00 |
|
117.688,03 |
|
|
GROSS MARGIN |
52.668,00 |
24,64 |
42.981,00 |
25,74 |
32.766,01 |
27,84 |
|
EBITDA |
9.606,00 |
4,49 |
10.357,00 |
6,20 |
8.929,31 |
7,59 |
|
EBIT |
5.728,00 |
2,68 |
7.625,00 |
4,57 |
6.976,51 |
5,93 |
|
NET RESULT |
3.121,00 |
1,46 |
2.741,00 |
1,64 |
4.103,24 |
3,49 |
|
EFFECTIVE TAX RATE (%) |
23,05 |
0,01 |
17,91 |
0,01 |
23,04 |
0,02 |
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|||
|
A) NON CURRENT ASSETS |
19,90 |
22,74 |
-2,84 |
|
|
|
|
|
A) CURRENT ASSETS |
80,10 |
77,26 |
2,84 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|||
|
A) NET WORTH |
15,83 |
29,99 |
-14,16 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
4,80 |
9,05 |
-4,25 |
|
|
|
|
|
C) CURRENT LIABILITIES |
79,37 |
60,96 |
18,41 |
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COMPANY (2010) |
SECTOR |
DIFFERENCE |
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|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
|
|
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SALES |
99,80 |
99,94 |
-0,13 |
|
|
|
|
|
GROSS MARGIN |
24,59 |
15,29 |
9,30 |
|
|
|
|
|
EBITDA |
4,48 |
2,74 |
1,75 |
|
|
|
|
|
EBIT |
2,67 |
1,97 |
0,70 |
|
|
|
|
|
NET RESULT |
1,46 |
1,27 |
0,19 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 1413
Number of companies: 6
Size (sales figure): > 40,000,000.00 Euros
OTHER DATA FROM
THE ANNUAL FINANCIAL REPORT
Results
Distribution
Source: annual financial report 2010
Figures given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
3.121.000,00 |
Legal Reserve |
0,00 |
|
Carry over |
0,00 |
Goodwill reserve |
0,00 |
|
Voluntary reserves |
0,00 |
Special reserves |
0,00 |
|
Other reserves disposable at will |
0,00 |
Voluntary reserves |
3.121.000,00 |
|
Total of Amounts to be distributed |
3.121.000,00 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
3.121.000,00 |
Auditing
Source: filing of annual financial statement 2010
Auditors’ opinion: FAVOURABLE
Auditor: CANAL IRANZO & ASOCIADOS S.L.
Auditing fees: 16.100,00 €
Facts subsequent
to the closing
Source: Annual financial report 2010
After the closure no relevant facts requiring their inclusion in the
annual accounts have taken place.
company ADDRESSES
Current Legal Seat Address:
CALLE JUAN DE LA CIERVA (PG PRADO REGORDON), 60
28936 MOSTOLES MADRID
Previous Seat Address:
CALLE JUAN DE LA CIERVA (PG IND PRADO DE REGORDONO) 66
28936 MOSTOLES
MADRID
Characteristics of the current
address
Type of establishment: warehouse
Local Situation: secondary
Branches
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
AVENIDA DIAGONAL (574), 572 |
08021 |
BARCELONA |
Barcelona |
|
PASEO GRACIA, 27 |
08007 |
BARCELONA |
Barcelona |
|
CALLE PELAI, 1 |
08001 |
BARCELONA |
Barcelona |
|
CALLE LERIDA (C.COM. EL BERCEO), 4 |
26006 |
LOGROŃO |
La Rioja |
|
CALLE MAYOR, 14 |
28013 |
MADRID |
Madrid |
|
AVENIDA JOSE MESA Y LOPEZ, 40 |
35007 |
LAS PALMAS DE GRAN CANARIA |
Palmas (Las) |
|
C.CIAL. PARC CENTRAL |
43002 |
TARRAGONA |
Tarragona |
|
CARRETERA ANDALUCIA |
45224 |
SESEŃA |
Toledo |
|
CALLE MARIA ZAMBRANO, 35 |
50018 |
ZARAGOZA |
Saragossa |
There are 9 branches registered .
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
AVENIDA DE LA REGUERA |
28936 |
MOSTOLES |
Madrid |
|
PLAZA VALENCIA, 477 |
28937 |
MOSTOLES |
Madrid |
|
CALLE HERRERILLO, 5 |
28223 |
POZUELO DE ALARCON |
Madrid |
There are 3 former branches registered .
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
17/01/2006)
Other Positions : 5 (latest change: 27/12/2010)
Auditor : 1 (latest change: 17/08/2010)
Operative Board Members : 5 (latest change: 14/03/2008)
Non-current positions : 8 (latest change: 28/06/2012)
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
JOINT AND SEVERAL ADMINISTRATOR |
BLANCO MORENO, BERNARDO RICARDO |
17/01/2006 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
CANAL IRANZO & ASOCIADOS SL |
17/08/2010 |
There are 7 board members, directors and auditors registered .
Board members remuneration
Source: Annual
financial report 2009
Board
members remuneration: 0,00 €
|
POSITION |
NAME AND SURNAME |
|
General Manager |
BLANCO SOLANA, BERNARDO |
|
Financial Manager |
BLANCO MORENO, BERNARDO RICARDO |
|
Human Resources Director |
MARTINEZ, BERTA |
|
Production Director |
CISNEROS JUAN, RAMON |
|
Operations Director |
HERRERA MARIA, JESUS |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
AVANCE Y DISEŃO SL |
B91765677 |
100,00 |
OWN SOURCES |
16/09/2011 |
There are 1 direct financial links through shareholders
registered .
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
BLANCO MORENO BERNARDO |
|
33,33 |
B.O.R.M.E. |
25/04/2011 |
|
|
MORENO CLAVERO CARMEN |
|
6,67 |
MERCANTILE REGISTER |
31/12/2009 |
|
|
TEX BI SL |
B28835098 |
Indef. |
B.O.R.M.E. |
25/04/2011 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
BLANCO INT. LIMITED |
UNITED KINGDOM |
100,00 |
MERCANTILE REGISTER |
31/12/2010 |
There are 1 direct financial links through participations
registered .
POTENTIAL LINKS
Search for Link by
Administrator
Search Criterion: ”BERNARDO RICARDO BLANCO MORENO”
|
COMPANY |
POSITION |
PROVINCE |
|
BLANCOFASHION SL |
Administrador Único |
MADRID |
|
BLANCOSHOP SL |
Administrador Único |
MADRID |
|
YOSI GESTION SL |
Administrador Único |
MADRID |
|
WONDER GESTION SL |
Administrador Único |
MADRID |
|
SUMMER GESTION SL |
Administrador Único |
MADRID |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: ”DIAGOMODA SL”
URL: www.guias11811.es
Diagomoda S.l. | Diagomoda S.l. en Móstoles ... - Amarillas 11811 Teléfono de
Diagomoda S.l.. Información de contacto de Diagomoda S.l. | Diagomoda S.l. en
Calle Juan De La Cierva, . Móstoles, Madrid. Información de Ropa ...
URL: www.blanco.com
EMPRESA - Blanco ... Diagomoda, S.L. con domicilio en la
calle Juan de la Cierva 60, 28093 Móstoles, Madrid y provista de CIF número
B-28885275 (en adelante, “ Diagomoda”).
BUSINESS INFORMATION
Incorporation date: 23/12/1983
Establishment date: 01/01/1960
Founder’s Name: BERNARDO BLANCO SOLANA
Activity: Mfg. of outerwear
NACE 2009 CODE: 1413
NACE 2009 Activity: Manufacture of other outerwear
Business: CONFECCION Y VENTA AL MAYOR-MENOR DE TODA CLASE DE
PRENDAS DE VESTIR FEMENINAS.
Activity description: CONFECCION Y VENTA AL MAYOR-MENOR DE TODA
CLASE DE PRENDAS DE VESTIR FEMENINAS.
Latest employees figure: 526 (2011)
% of fixed employees: 73,00%
% of temporary employees: 27,00%
% of men: 29,40%
% of women: 70,60%
Employees evolution
|
|
|
|
Source: Annual financial report 2010
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
192 |
461 |
COMMERCIAL OPERATIONS
PURCHASES
Imports from: EUROPA, AFRICA, ASIA
SALES
Cash collections: 50%
Credit collections: 50%
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
VAGTEX, S.L.U. |
NO |
|
TEX-BI, S.L.U. |
NO |
|
AVANCE Y DISEŃO,
S.L. |
NO |
|
INVERSIONES
BLASOL SL |
NO |
|
TVM SL |
NO |
There are 5 Suppliers .
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
BLANGRECIA, MEPE |
YES |
|
BLANCOFASHION SL |
NO |
|
BLANCO INT.
LIMITED |
YES |
|
T.M.V. S.L |
NO |
|
BLANPORT LDA |
NO |
|
VAGTEX S.L |
NO |
|
TEX-BI S.L |
NO |
|
INVERSIONES
BLASOL SL |
NO |
There are 8 Clients .
•
El 100% de su cifra de negocio corresponde a ventas
exclusivamente de ropa y complementos de moda.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
CAIXABANK, S.A. |
4572 |
C. TOKIO, 1 |
MOSTOLES |
Madrid |
|
BANKIA, S.A. |
1745 |
BRAVO MURILLO, 20 |
MADRID |
Madrid |
There are 2 bank entities registered .
Figures given in €
|
ENTITY |
ASSERTS INVOLVED IN THE ACTIVITY |
UP TO 1 YEAR |
FROM 1 TO 5 YEARS |
MORE THAN 5 YEARS |
|
|
Instalaciones técnicas y otro inmovilizado. |
103.000,00 |
109.000,00 |
0,00 |
There are 1 leasing operations registered .
FORMER NAMES:
•
DIAGOMODA SA
LEGAL
STRUCTURE
Constitution Data
Register Date: 23/12/1983
Legal form: Limited Liability Company
Share capital: 922.000,00 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2010)
B.O.R.M.E.
(OFFICIAL GAZETTE OF
THE MERCANTILE REGISTER)
Acts on activity: 0
Acts on administrators: 26 (Last: 27/12/2010, first: 14/08/1990)
Acts on capital: 3 (Last: 08/08/2007, first:
18/10/1999)
Acts on creation: 0
Acts on filed accounts: 20 (Last: 01/10/2010, first:
30/12/1991)
Acts on identification: 2 (Last: 07/12/1998, first:
20/04/1993)
Acts on Information: 4 (Last: 25/04/2011, first:
14/08/1990)
Acts on proceedings: 2 (Last: 27/10/2011, first:
05/07/2011)
Latest acts in
B.O.R.M.E.
Most relevant acts of the last twelve months
|
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Partial Split |
27/10/2011 |
426223 |
Madrid |
|
|
|
Beneficiary company(ies): AVANCE Y DISEŃO SL Register Data:
Volume 24498, Folio 223, Section 8, Sheet 93565, Inscription I/A
25 (14/10/2011) Publication Data:
Register Madrid, Gazette 205, Page
60517, Announcement 426223 (27/10/2011) |
|||
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Split of company |
05/07/2011 |
25076 |
|
|
Declaration of individual ownership |
25/04/2011 |
178748 |
Madrid |
|
Appointments |
27/12/2010 |
478714 |
Madrid |
|
Annual Filed Accounts (2009) |
01/10/2010 |
726656 |
Madrid |
|
Re-elections |
17/08/2010 |
322594 |
Madrid |
|
Appointments |
28/06/2010 |
256889 |
Madrid |
|
Appointments |
21/01/2010 |
23588 |
Madrid |
|
Annual Filed Accounts (2008) |
20/11/2009 |
914026 |
Madrid |
|
Appointments |
31/12/2008 |
604354 |
Madrid |
There are 57 acts registered .
PRESS ARTICLES
Press summary by
type of information (last five years)
Legal notices: 1 (Last: 29/06/2011)
Structural Data: 6 (Last: 28/10/2010, first: 24/03/2009)
Informative data: 2 (Last: 23/01/2012, first: 05/02/2009)
Financial Information: 0
Negative information: 0
Business lines: 2 (Last: 06/04/2011, first: 14/09/2010)
Historical press releases: 0
Latest press
article published
23/01/2012 EXPANSIÓN (Page 8) GENERAL
INFORMATION
La cadena textil espańola Blanco, propiedad de Bernardo Blanco Moreno,
ha decidido impulsar su desarrollo en el exterior.
Bajo esta política, ha decidido renombrar sus tiendas internacionales y
rebautilizarlas con la marca SuiteBlanco. SuiteBlanco se ha estrenado,
recientemente, en el centro comercial Morocco Mall, de Casablanca.
En su estrategia de desarrollo internacional, Blanco apostará por varios
frentes. Por un lado, crecer en el mercado europeo y, así, Italia y Francia
serán una prioridad, y seguir apostando por Oriente Próximo. Además, para 2013
baraja desembarcar en Rusia.
En 2010, el propietario de Blanco procedió a una reordenación del grupo,
encabezado por AVANCE Y DISEŃO.
29/06/2011 ABC (Page 40) LEGAL
ANNOUNCEMENTS
La Junta Gral. Extraordinaria y Universal de socios de VAGTEX SL
(Sociedad Escindida Parcialmente), DIAGOMODA SL (Sociedad Escindida
Parcialmente) y AVANCE Y DISEŃO SL (Sociedad Beneficiaria), ejerciendo las
competencias de las Juntas Grles. de Socios, aprobaron con fecha 3/06/2011, las
escisiones parciales de las mencionadas sociedades.
06/04/2011 CINCO DIAS (Page 12) PRODUCTS
AND ACTIVITIES
BLANCO lanza el 07/04/11 su nueva tienda online, con la que competirá
con otras enseńas que ya venden a través de internet, como es el caso de ZARA.
En la primera etapa, BLANCO venderá por internet a todo el territorio espańol,
con el objetivo de, posteriormente, expandirse a otros mercados como
Portugal.
28/10/2010 EXPANSIÓN (Page 29) BRANCHES
La firma textil BLANCO se ha adjudicado un inmueble de 600 metros
cuadrados en la calle Conde de Peńalver de Madrid, donde prevé inaugurar su
nueva tienda a principios de 2011.
14/09/2010 NEGOCIO (Page 14) PRODUCTS AND
ACTIVITIES
La empresa espańola BLANCO responderá a las necesidades del mercado con
el lanzamiento de su inmimente proyecto de e-commerce el próximo ańo, con la
colección Spring/Summer 2011.
There are 11 press articles registered for this company .
FINANCIAL INFORMATION
The information on the last Individual Filed Accounts contained in this report is extracted from the Mercantile Register file of the legal address of the Company and dated 18/01/2012.
SITUATION
BALANCE-SHEET
Assets
Figures given in thousands €
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
15.318,00 |
19,90 |
14.218,00 |
25,66 |
10.799,23 |
34,55 |
|
I. Intangible assets |
4.268,00 |
5,54 |
2.544,00 |
4,59 |
682,87 |
2,18 |
|
5. Software |
3.609,00 |
4,69 |
2.544,00 |
4,59 |
682,87 |
2,18 |
|
7. Other intangible assets |
659,00 |
0,86 |
|
|
|
|
|
II. Tangible fixed assets |
10.309,00 |
13,39 |
11.145,00 |
20,11 |
9.087,72 |
29,07 |
|
1. Property, plant and equipment |
2.697,00 |
3,50 |
2.711,00 |
4,89 |
2.724,78 |
8,72 |
|
2. Technical fittings and other tangible assets |
7.612,00 |
9,89 |
8.434,00 |
15,22 |
6.362,94 |
20,36 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
2,00 |
0,00 |
401,89 |
1,29 |
|
1. Net worth instruments |
|
|
2,00 |
0,00 |
401,89 |
1,29 |
|
V. Long Term Financial Investments |
534,00 |
0,69 |
527,00 |
0,95 |
626,75 |
2,01 |
|
1. Net worth instruments |
17,00 |
0,02 |
17,00 |
0,03 |
17,15 |
0,05 |
|
3. Debt representative values |
93,00 |
0,12 |
93,00 |
0,17 |
204,42 |
0,65 |
|
5. Other financial assets |
424,00 |
0,55 |
417,00 |
0,75 |
405,18 |
1,30 |
|
VI. Assets by deferred taxes |
207,00 |
0,27 |
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
61.658,00 |
80,10 |
41.189,00 |
74,34 |
20.457,94 |
65,45 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
33.466,00 |
43,48 |
17.566,00 |
31,70 |
9.314,01 |
29,80 |
|
1. Goods available for sale |
33.466,00 |
43,48 |
17.566,00 |
31,70 |
|
|
|
2. Raw material inventory |
|
|
|
|
3.560,70 |
11,39 |
|
4. Finished goods |
|
|
|
|
5.753,31 |
18,41 |
|
b) Short production cycle |
|
|
|
|
5.753,31 |
18,41 |
|
III. Trade Debtors and other receivable accounts |
24.156,00 |
31,38 |
20.867,00 |
37,66 |
8.155,75 |
26,09 |
|
1. Clients |
845,00 |
1,10 |
864,00 |
1,56 |
938,51 |
3,00 |
|
b) Clients for sales and short term services
rendering |
845,00 |
1,10 |
864,00 |
1,56 |
938,51 |
3,00 |
|
2. Clients group and associated companies |
19.015,00 |
24,70 |
19.813,00 |
35,76 |
7.065,42 |
22,60 |
|
3. Other debts |
133,00 |
0,17 |
136,00 |
0,25 |
71,73 |
0,23 |
|
4. Staff |
4,00 |
0,01 |
|
|
|
|
|
5. Assets by current taxes |
273,00 |
0,35 |
|
|
|
|
|
6. Other credits with the Public Administrations |
3.886,00 |
5,05 |
54,00 |
0,10 |
80,09 |
0,26 |
|
IV. Short term investments in associated and affiliated companies |
180,00 |
0,23 |
|
|
|
|
|
2. Credits to companies |
180,00 |
0,23 |
|
|
|
|
|
V. Short term financial investments |
1.743,00 |
2,26 |
1.149,00 |
2,07 |
735,78 |
2,35 |
|
3. Debt representative values |
200,00 |
0,26 |
|
|
2,99 |
0,01 |
|
5. Other financial assets |
1.543,00 |
2,00 |
1.149,00 |
2,07 |
732,79 |
2,34 |
|
VI. Short term periodifications |
|
|
|
|
1,50 |
0,00 |
|
VII. Cash and equivalents |
2.113,00 |
2,75 |
1.607,00 |
2,90 |
2.250,90 |
7,20 |
|
1. Treasury |
2.113,00 |
2,75 |
1.607,00 |
2,90 |
2.250,90 |
7,20 |
|
TOTAL ASSETS (A + B) |
76.976,00 |
100,00 |
55.407,00 |
100,00 |
31.257,17 |
100,00 |
Net Worth and
Liabilities
Figures given in thousands €
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NET WORTH |
12.184,00 |
15,83 |
8.770,00 |
15,83 |
6.220,94 |
19,90 |
|
A-1) Equity |
12.414,00 |
16,13 |
9.039,00 |
16,31 |
6.220,94 |
19,90 |
|
I. Capital |
922,00 |
1,20 |
922,00 |
1,66 |
922,20 |
2,95 |
|
1. Authorized capital |
922,00 |
1,20 |
922,00 |
1,66 |
922,20 |
2,95 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
8.371,00 |
10,87 |
5.376,00 |
9,70 |
1.195,50 |
3,82 |
|
1. Legal and statutory |
184,00 |
0,24 |
184,00 |
0,33 |
166,70 |
0,53 |
|
2. Other funds |
8.187,00 |
10,64 |
5.192,00 |
9,37 |
1.028,80 |
3,29 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
3.121,00 |
4,05 |
2.741,00 |
4,95 |
4.103,24 |
13,13 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
-230,00 |
-0,30 |
-269,00 |
-0,49 |
|
|
|
I. Financial assets available for sale |
|
|
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
|
|
IV. Conversion differences |
-230,00 |
-0,30 |
-269,00 |
-0,49 |
|
|
|
V. Other |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
3.693,00 |
4,80 |
1.698,00 |
3,06 |
832,45 |
2,66 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
2.977,00 |
3,87 |
1.698,00 |
3,06 |
832,45 |
2,66 |
|
2. Debts with bank entities |
2.889,00 |
3,75 |
1.698,00 |
3,06 |
832,45 |
2,66 |
|
3. Financial leasing creditors |
88,00 |
0,11 |
|
|
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
716,00 |
0,93 |
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
61.099,00 |
79,37 |
44.939,00 |
81,11 |
24.203,78 |
77,43 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
24.830,00 |
32,26 |
1.540,00 |
2,78 |
2.508,70 |
8,03 |
|
2. Debts with bank entities |
24.191,00 |
31,43 |
713,00 |
1,29 |
2.508,70 |
8,03 |
|
3. Financial leasing creditors |
98,00 |
0,13 |
|
|
|
|
|
4. By-products |
230,00 |
0,30 |
269,00 |
0,49 |
|
|
|
5. Other financial liabilities |
311,00 |
0,40 |
558,00 |
1,01 |
|
|
|
IV. Short term debts with associated and affiliated companies |
1.082,00 |
1,41 |
|
|
|
|
|
V. Trade creditors and other payable accounts |
35.187,00 |
45,71 |
43.399,00 |
78,33 |
21.695,08 |
69,41 |
|
1. Suppliers |
33.639,00 |
43,70 |
32.713,00 |
59,04 |
17.106,70 |
54,73 |
|
b) Short term suppliers |
33.639,00 |
43,70 |
32.713,00 |
59,04 |
17.106,70 |
54,73 |
|
2. Suppliers group and associated companies |
554,00 |
0,72 |
9.654,00 |
17,42 |
|
|
|
3. Different creditors |
|
|
|
|
2.769,76 |
8,86 |
|
4. Staff (pending remunerations) |
30,00 |
0,04 |
1,00 |
0,00 |
4,01 |
0,01 |
|
5. Liabilities by current taxes |
|
|
6,00 |
0,01 |
1.191,98 |
3,81 |
|
6. Other debts with Public Administrations |
964,00 |
1,25 |
1.025,00 |
1,85 |
622,63 |
1,99 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
76.976,00 |
100,00 |
55.407,00 |
100,00 |
31.257,17 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in thousands €
|
|
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
213.767,00 |
99,80 |
166.956,00 |
99,94 |
117.688,03 |
99,54 |
|
A) Sales |
213.767,00 |
99,80 |
166.956,00 |
99,94 |
117.688,03 |
99,54 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
3.102,70 |
2,62 |
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-161.519,00 |
-75,41 |
-124.076,00 |
-74,27 |
-88.572,05 |
-74,91 |
|
a) Material consumed |
-161.519,00 |
-75,41 |
-124.076,00 |
-74,27 |
-86.321,87 |
-73,01 |
|
c) Works carried out for other companies |
|
|
|
|
-2.250,18 |
-1,90 |
|
5. Other operating income |
420,00 |
0,20 |
101,00 |
0,06 |
547,33 |
0,46 |
|
a) Other incomes |
420,00 |
0,20 |
101,00 |
0,06 |
547,33 |
0,46 |
|
6. Labour cost |
-19.696,00 |
-9,20 |
-13.200,00 |
-7,90 |
-8.333,43 |
-7,05 |
|
a) Wages and similar expenses |
-19.696,00 |
-9,20 |
-13.200,00 |
-7,90 |
-6.605,44 |
-5,59 |
|
b) Social costs |
|
|
|
|
-1.727,99 |
-1,46 |
|
7. Other operating costs |
-23.689,00 |
-11,06 |
-19.163,00 |
-11,47 |
-15.477,25 |
-13,09 |
|
a) External services |
-23.545,00 |
-10,99 |
-19.109,00 |
-11,44 |
-15.458,95 |
-13,07 |
|
b) Taxes |
-43,00 |
-0,02 |
-12,00 |
-0,01 |
-9,19 |
-0,01 |
|
d) Other day to day expenses |
-101,00 |
-0,05 |
-42,00 |
-0,03 |
-9,11 |
-0,01 |
|
8. Amortization of fixed assets |
-3.878,00 |
-1,81 |
-2.732,00 |
-1,64 |
-1.952,80 |
-1,65 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
323,00 |
0,15 |
-261,00 |
-0,16 |
-26,02 |
-0,02 |
|
b) Results for disposals and others |
323,00 |
0,15 |
-261,00 |
-0,16 |
-26,02 |
-0,02 |
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
|
|
|
|
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
5.728,00 |
2,67 |
7.625,00 |
4,56 |
6.976,51 |
5,90 |
|
14. Financial income |
460,00 |
0,21 |
199,00 |
0,12 |
67,98 |
0,06 |
|
b) From negotiable values and other financial instruments |
460,00 |
0,21 |
199,00 |
0,12 |
67,98 |
0,06 |
|
b 2) From third parties |
460,00 |
0,21 |
199,00 |
0,12 |
67,98 |
0,06 |
|
15. Financial expenses |
-1.827,00 |
-0,85 |
-3.015,00 |
-1,80 |
-912,40 |
-0,77 |
|
a) For debts with associated and affiliated companies |
-432,00 |
-0,20 |
-2.167,00 |
-1,30 |
|
|
|
b) For debts with third parties |
-1.395,00 |
-0,65 |
-848,00 |
-0,51 |
-912,40 |
-0,77 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
-303,00 |
-0,14 |
-596,00 |
-0,36 |
-608,19 |
-0,51 |
|
18. Deterioration and result for disposal of financial instruments |
-2,00 |
0,00 |
-874,00 |
-0,52 |
-192,29 |
-0,16 |
|
a) Deteriorations and losses |
-2,00 |
0,00 |
-874,00 |
-0,52 |
-192,29 |
-0,16 |
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-1.672,00 |
-0,78 |
-4.286,00 |
-2,57 |
-1.644,90 |
-1,39 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
4.056,00 |
1,89 |
3.339,00 |
2,00 |
5.331,61 |
4,51 |
|
20. Taxes on profits |
-935,00 |
-0,44 |
-598,00 |
-0,36 |
-1.228,37 |
-1,04 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
3.121,00 |
1,46 |
2.741,00 |
1,64 |
4.103,24 |
3,47 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
3.121,00 |
1,46 |
2.741,00 |
1,64 |
4.103,24 |
3,47 |
NET WORTH CHANGES STATUS
Status of
recognized income and expenses
Figures given in thousands €
|
NET WORTH CHANGES (1/3) |
31/12/2010 (12) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
3.121,00 |
2.741,00 |
4.103,24 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
I. For valuation of financial instruments |
254,00 |
77,00 |
|
|
2. Other income / expenses |
254,00 |
77,00 |
|
|
II. Cash flow coverage |
-230,00 |
-269,00 |
|
|
III. Received legacies, grants and subventions |
|
|
|
|
IV. For actuarial profits and losses and other adjustments |
|
|
|
|
V. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
VI. Conversion differences |
|
|
|
|
VII. Tax effect |
|
|
|
|
B) TOTAL INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH (I + II +
III + IV +V+VI+VII) |
24,00 |
-192,00 |
|
|
PROFIT AND LOSS ACCOUNT TRANSFERS |
|
|
|
|
VIII. For valuation of financial instruments |
|
|
|
|
IX. Cash flow coverage |
269,00 |
|
|
|
X. Received legacies, grants and subventions |
|
|
|
|
XI. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
XII. Conversion differences |
|
|
|
|
XIII. Tax effect |
|
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT AND LOSS ACCOUNT (VIII + IX + X + XI+
XII+ XIII) |
269,00 |
|
|
|
TOTAL INCOME AND EXPENSES RECOGNIZED (A + B + C) |
3.414,00 |
2.549,00 |
4.103,24 |
Total net worth
changes status
Figures given in thousands €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS EXERCISES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
922,20 |
262,08 |
933,42 |
|
|
I. Adjustments by change of criteria in the exercise (2007) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
922,20 |
262,08 |
933,42 |
|
|
I. Total recognized income and expenses |
|
|
|
4.103,24 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
933,42 |
-933,42 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
922,00 |
1.196,00 |
|
4.103,00 |
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
922,00 |
1.196,00 |
|
4.103,00 |
|
I. Total recognized income and expenses |
|
77,00 |
|
2.741,00 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
4.103,00 |
|
-4.103,00 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
922,00 |
5.376,00 |
|
2.741,00 |
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
922,00 |
5.376,00 |
|
2.741,00 |
|
I. Total recognized income and expenses |
|
254,00 |
|
3.121,00 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
2.741,00 |
|
-2.741,00 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
922,00 |
8.371,00 |
|
3.121,00 |
|
NET WORTH CHANGES ( 3 /3) |
VALUE CHANGES ADJUSTMENT |
TOTAL |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2007) |
|
2.117,70 |
|
|
|
I. Adjustments by change of criteria in the exercise (2007) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2007) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2008) |
|
2.117,70 |
|
|
|
I. Total recognized income and expenses |
|
4.103,24 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
|
6.221,00 |
|
|
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
|
6.221,00 |
|
|
|
I. Total recognized income and expenses |
-269,00 |
2.549,00 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
-269,00 |
8.770,00 |
|
|
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
-269,00 |
8.770,00 |
|
|
|
I. Total recognized income and expenses |
39,00 |
3.414,00 |
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
-230,00 |
12.184,00 |
|
|
CASH FLOW STATUS
Figures given in thousands €
|
|
31/12/2010 (12) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
|
|
1. exercise result before taxes |
4.056,00 |
3.339,00 |
5.331,61 |
|
2. Results adjustments |
5.227,00 |
7.269,00 |
|
|
a) Amortization of fixed assets (+) |
3.878,00 |
2.732,00 |
|
|
c) Change of Provisions (+/-) |
2,00 |
874,00 |
|
|
e) Results for decline and disposal of fixed assets (+/-) |
-323,00 |
261,00 |
|
|
g) Financial income (-) |
-460,00 |
-199,00 |
|
|
f) Financial expenses (+) |
1.827,00 |
3.015,00 |
|
|
i) Change difference (+/-) |
303,00 |
596,00 |
|
|
k) Other income and expenses (-/+) |
|
-10,00 |
|
|
3. Changes in current capital |
-27.395,00 |
2.207,00 |
3.031,85 |
|
a) Stocks (+/-) |
-15.900,00 |
-8.252,00 |
-9.314,01 |
|
b) Debtors and other receivable accounts (+/-) |
-3.289,00 |
-12.591,00 |
-8.155,75 |
|
c) Other current assets (+/-) |
|
1,00 |
-1,49 |
|
d) Creditors and other payable accounts (+/-) |
-8.206,00 |
23.049,00 |
20.503,10 |
|
4. Other cash flow coming from operating activities |
-1.848,00 |
-5.119,00 |
|
|
a) Interests payments (-) |
-1.827,00 |
-3.015,00 |
|
|
c) Interests collections (+) |
460,00 |
199,00 |
|
|
d) Collections (payments) for profit tax (+/-) |
-449,00 |
-1.707,00 |
|
|
e) Other payments (collections) (-/+) |
-32,00 |
-596,00 |
|
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
-19.960,00 |
7.696,00 |
8.363,46 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
|
|
6. Investment payments (-) |
-6.713,00 |
-8.075,00 |
-10.802,21 |
|
a) Group and associated companies |
-180,00 |
-674,00 |
-401,89 |
|
b) Intangible assets |
-3.123,00 |
-2.391,00 |
-682,86 |
|
c) Tangible assets |
-2.809,00 |
-4.510,00 |
-9.087,72 |
|
e) Other financial assets |
-601,00 |
-500,00 |
-629,74 |
|
7. Disinvestment collections (+) |
1.489,00 |
99,00 |
|
|
b) Intangible assets |
8,00 |
|
|
|
c) Tangible assets |
1.481,00 |
|
|
|
e) Other financial assets |
|
99,00 |
|
|
8. Cash Flow in investment activities (6 + 7) |
-5.224,00 |
-7.976,00 |
-10.802,21 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
|
|
9. Net worth instruments collections and payments |
|
|
933,42 |
|
a) Net worth instruments issue (+) |
|
|
933,42 |
|
10. Financial liabilities instruments collections and payments |
25.690,00 |
-364,00 |
3.254,57 |
|
a) Issue |
25.937,00 |
|
3.341,15 |
|
2. Debts with bank entities (+) |
24.855,00 |
|
3.341,15 |
|
3. Debts with group and associated companies (+) |
1.082,00 |
|
|
|
b) Return and amortization of |
-247,00 |
-364,00 |
-86,58 |
|
2. Debts with bank entities (-) |
|
-364,00 |
|
|
5. Other debts (-) |
-247,00 |
|
-86,58 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
|
|
-646,22 |
|
a) Dividends (-) |
|
|
-646,22 |
|
12. Cash Flow in financing activities (9 + 10 + 11) |
25.690,00 |
-364,00 |
3.541,77 |
|
D) Exchange rate variations effect |
|
|
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
506,00 |
-644,00 |
1.103,02 |
|
Cash or equivalents at the beginning of the exercise |
1.607,00 |
2.251,00 |
|
|
Cash or equivalents at the end of the exercise |
2.113,00 |
1.607,00 |
2.250,90 |
RATIOS
|
|
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
559,00 |
114,91 |
-3.750,00 |
-0,11 |
-3.745,84 |
|
Working capital ratio |
0,01 |
114,29 |
-0,07 |
41,67 |
-0,12 |
|
Soundness Ratio |
0,81 |
26,56 |
0,64 |
10,34 |
0,58 |
|
Average Collection Period (days) |
41 |
-9,60 |
45 |
81,16 |
25 |
|
Average Payment Period (days) |
71 |
-35,31 |
109 |
44,98 |
75 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
100,92 |
10,10 |
91,66 |
8,45 |
84,52 |
|
Quick Ratio (%) |
6,31 |
2,94 |
6,13 |
-50,32 |
12,34 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
37,53 |
542,64 |
5,84 |
-45,37 |
10,69 |
|
External Financing Average Cost |
0,06 |
-93,55 |
0,93 |
244,44 |
0,27 |
|
Debt Service Coverage |
-1,45 |
-445,24 |
0,42 |
5,00 |
0,40 |
|
Interest Coverage |
3,14 |
24,11 |
2,53 |
-66,93 |
7,65 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
-9,34 |
-302,60 |
4,61 |
-35,16 |
7,11 |
|
Auto financing generated by Assets (%) |
-25,93 |
-286,68 |
13,89 |
-48,09 |
26,76 |
|
Breakdown Point |
1,03 |
-1,90 |
1,05 |
-0,94 |
1,06 |
|
Average Sales Volume per Employee |
318,58 |
0,37 |
317,41 |
-2,64 |
326,01 |
|
Average Cost per Employee |
29,35 |
16,93 |
25,10 |
8,75 |
23,08 |
|
Assets Turnover |
2,78 |
-7,64 |
3,01 |
-20,16 |
3,76 |
|
Inventory Turnover (days) |
75 |
45,77 |
51 |
35,24 |
38 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
7,44 |
-45,93 |
13,76 |
-38,35 |
22,32 |
|
Operating Profitability (%) |
12,90 |
-29,20 |
18,22 |
-36,03 |
28,48 |
|
Return on Equity (ROE) (%) |
32,67 |
-11,56 |
36,94 |
-56,90 |
85,70 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
19,90 |
22,74 |
-2,84 |
|
A) CURRENT ASSETS |
80,10 |
77,26 |
2,84 |
|
LIABILITIES |
|||
|
A) NET WORTH |
15,83 |
29,99 |
-14,16 |
|
B) NON CURRENT LIABILITIES |
4,80 |
9,05 |
-4,25 |
|
C) CURRENT LIABILITIES |
79,37 |
60,96 |
18,41 |
|
|
|
|
|
Results Analytical
Account
Figures given in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
99,80 |
99,94 |
-0,14 |
|
Other operating income |
0,20 |
0,06 |
0,14 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-75,41 |
-82,47 |
7,06 |
|
Variation in stocks of finished goods and work in progress |
|
-2,24 |
|
|
GROSS MARGIN |
24,59 |
15,29 |
9,30 |
|
Other operating costs |
-11,06 |
-5,19 |
-5,87 |
|
Labour cost |
-9,20 |
-7,41 |
-1,79 |
|
GROSS OPERATING RESULT |
4,33 |
2,69 |
1,64 |
|
Amortization of fixed assets |
-1,81 |
-0,71 |
-1,10 |
|
Deterioration and result for fixed assets disposal |
0,15 |
-0,03 |
0,18 |
|
Other expenses / income |
|
0,02 |
|
|
NET OPERATING RESULT |
2,67 |
1,97 |
0,70 |
|
Financial result |
-0,78 |
-0,31 |
-0,47 |
|
RESULT BEFORE TAX |
1,89 |
1,66 |
0,23 |
|
Taxes on profits |
-0,44 |
-0,40 |
-0,04 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,46 |
1,27 |
0,19 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
1,46 |
1,27 |
0,19 |
|
Amortization of fixed assets |
-1,81 |
-0,71 |
-1,10 |
|
Deterioration and provisions variation |
-1,81 |
-0,06 |
-1,75 |
|
|
5,08 |
2,03 |
3,05 |
Main Ratios
Figures given in thousands €
|
|
COMPANY (2010) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
559,00 |
4.433,80 |
5.430,34 |
5.809,45 |
|
Working capital ratio |
0,01 |
0,09 |
0,21 |
0,32 |
|
Soundness Ratio |
0,81 |
1,51 |
3,51 |
6,15 |
|
Average Collection Period (days) |
41 |
45 |
99 |
111 |
|
Average Payment Period (days) |
71 |
67 |
83 |
95 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
100,92 |
120,29 |
131,12 |
153,04 |
|
Quick Ratio (%) |
6,31 |
0,02 |
0,06 |
3,76 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
37,53 |
14,52 |
23,47 |
53,15 |
|
External Financing Average Cost |
0,06 |
0,03 |
0,05 |
0,09 |
|
Debt Service Coverage |
-1,45 |
-12,86 |
1,94 |
15,21 |
|
Interest Coverage |
3,14 |
-1,26 |
0,60 |
17,16 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
-9,34 |
-0,54 |
1,47 |
4,17 |
|
Auto financing generated by Assets (%) |
-25,93 |
-1,52 |
3,52 |
10,36 |
|
Breakdown Point |
1,03 |
0,99 |
1,02 |
1,04 |
|
Average Sales Volume per Employee |
318,58 |
395,73 |
742,50 |
1.061,21 |
|
Average Cost per Employee |
29,35 |
29,20 |
33,14 |
39,09 |
|
Assets Turnover |
2,78 |
2,06 |
2,81 |
3,56 |
|
Inventory Turnover (days) |
75 |
10 |
17 |
113 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
7,44 |
-1,84 |
1,63 |
14,11 |
|
Operating Profitability (%) |
12,90 |
-0,84 |
3,99 |
15,16 |
|
Return on Equity (ROE) (%) |
32,67 |
-15,48 |
3,01 |
40,35 |
ADDITIONAL INFORMATION
Consulted Sources
Central Mercantile Register
Mercantile Registrars
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
Telephone directory: PÁGINAS AMARILLAS
Telephone directory: PÁGINAS BLANCAS
This company has been consulted was last displayed on 29/08/2012,
80 times in the last quarter and 3.922 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.65 |
|
UK Pound |
1 |
Rs.88.10 |
|
Euro |
1 |
Rs.69.84 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.