MIRA INFORM REPORT

 

 

Report Date :

06.12.2012

 

IDENTIFICATION DETAILS

 

Name :

EUROSOFT SPOL KA Z O.O.

 

 

Registered Office :

CENTRALNA 6 43-346 BIELSKO-Biata

 

 

Country :

Poland

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

December, 2001

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Business and management consultancy activities

 

 

No. of Employees :

80 - 90

 

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

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

 

 

NOTES :

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

 

ECGC Country Risk Classification List – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2011)

Current Rating

(30.06.2012)

Poland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

Poland - ECONOMIC OVERVIEW

 

Poland has pursued a policy of economic liberalization since 1990 and today stands out as a success story among transition economies. It is the only country in the European Union to avoid a recession through the 2008-09 economic downturn, although GDP per capita is still much below the EU average. Since 2004, EU membership and access to EU structural funds have provided a major boost to the economy. Unemployment has been 2% more than the EU average. Inflation reached a low of about 2.6% in 2010 due to the global economic slowdown, but climbed to 4.3% in 2011. Poland's economic performance could improve over the longer term if the country addresses some of the remaining deficiencies in its road and rail infrastructure and its business environment. An inefficient commercial court system, a rigid labor code, bureaucratic red tape, burdensome tax system, and persistent low-level corruption keep the private sector from performing up to its full potential. Weak revenues, together with rising demands to fund healthcare, education, and the state pension system caused the public sector budget deficit to rise to 7.8% of GDP in 2010, but the PO/PSL coalition government, which came to power in November 2007, took measures to shore up public finances - including increasing contributions to the public pension scheme at the expense of private pension funds - and reduced the deficit to 2.9% of GDP in 2011. For 2012 the coalition government has proposed further deficit-reducing reforms and to fulfill its promise to enact business-friendly reforms

 

Source : CIA

 

 

NAME:

EUROSOFT SPOL KA Z O.O.

 

STREET:

CENTRALNA 6            ZIP CODE: 43-346

TOWN:

BIELSKO-BIAtA

 

 

CONTACT DETAILS

 

 

TELE PHONE:   33/8280676,8280672

FAX:                             33/8280699

WEBSITE:                    www.eurosoft.pl

EMAIL:                         eurosoft@eurosoft.pl

 

 

OTHER INFORMATION

 

REGON/Statistical No. 072869147

V.A.T.:                                      547-02-88-024

FOUNDED:                                2001/12/

Legal form                               LIMITED LIABILITY COMPANY

NACE codes                             : 74.14 Business and management consultancy activities

   50      Sale, maintenance and repair of motor vehicles and motorcycles; retail sale ...

   51      Wholesale trade and commission trade, except of motor vehicles and motorcycles

 

 

EMPLOYMENT (for last available 3 years)

 

FROM DATE     TO DATE          TOTAL (MIN-MAX)    PRODUCTIVE (MINMAX)     UNPRODUCTIVE (MINMAX)

2011/01/01        20/11/12/31       80 - 90                          -                                               -

2010/01/01        20/10/12/31       81 - 81                          -                                               -

2008/01/01        20/08/12/31       60 - 60                          -                                               -

 

 

TURNOVER and NET SALES (for last available 3 years)

 

FROM DATE     TO DATE          TURNOVER NET           SALES                         EXPORT               IMPORT

 

2011/01/01        2011/12/31        74.019.212,09                73.567.255,94

2010/01/01        2010/12/31        48.365.021,73                48.007.907,37

2009/01/01        2009/12/31        36.691.677,34                36.114.562,13

 

TOTAL ASSETS (for last available 3 years)

 

YEAR 1

 

YEAR 2

YEAR 3

DATE: 31/12/2011

 

31/12/2010

31/12/2009

TOTAL ASSETS 48.877.858,27

 

33.177.437,82

27.353.689,50

 

NET PROFIT/LOSS (for last available 3 years)

 

YEAR 1

YEAR 2

YEAR 3

DATE:

31/12/2011

31/12/2010

31/12/2009

Net profit (loss) for the year:

2.805.612,65

2.501.153,58

1.291.320,57

 

 

Name and Address Data

 

NAME:

EUROSOFT SPOtKA Z O.O.

SHORT NAME:

EUROSOFT SP. Z O.O., BIELSKO-BIA

STREET:

CENTRALNA 6

ZIP CODE:

43-346

TOWN:

BIELSKO-BIAtA

TELEPHONE:

33/8280676,8280672

FAX:

33/8280699

WEBSITE:

www.eurosoft.pl

EMAIL:

eurosoft@eurosoft.pl

 

 

Basic Data

 

REGON/Statistical No.

072869147

V.A.T.:

547-02-88-024

Nationwide Court Register

KRS 0000168203

Legal form

_

LIMITED LIABILITY COMPANY

Status

ACTIVE

Start of Activity

_

2001/12/

Registering agency

COURT OF COMMERCE

Register type

NATIONAL COURT REGISTER

Date of registration

17/07/2003

Date of the statute            / /

NACE codes: 74.14

50 51

Business and management consultancy activities

Sale, maintenance and repair of motor vehicles and motorcycles; retail sale ... Wholesale trade and commission trade, except of motor vehicles and motorcycles

 

 

Organizational and Legal Data

 

 

 

 

REGISTER CAPITAL:

 

 

VALUE:

960.000,00 PLN

NUMBER OF SHARES:

 

960

 

 

 

SHAREHOLDERS

 

 

NAME:

GRZEGORZ

SECOND NAME:

MARCIN

SURNAME:

NABAGtO

PESEL:

75110400758

CITIZENSHIP:

Poland

COUNTRY:

Poland

VALUE:

288.000,00 PLN

NUMBER OF SHARES:

288

OTHER DIRECTORSHIPS:

PRESIDENT OF THE BOARD: P4S SPOtKA Z O.O.

- 2008/10/02

 

SHAREHOLDER: EUROSOFT SPOtKA Z O.O.

 

FOREIGN COMPANY NAME:

ITURRI S.A.

ADDRESS:

Avda Roberto Osborne 5

Sevilla

Spain

COUNTRY:

Spain

TELEPHONE:

0034 95 444 79 11

FAX:

0034 95 447 91 76

WEBSITE:

www.iturri.com

VALUE:

672.000,00 PLN

NUMBER OF SHARES:

672

 

 

 

MANAGERS

 

TYPE

PRESIDENT OF THE BOARD

REPRESENTATION

SOLE SIGNATURE

NAME

GRZEGORZ

SECOND NAME

MARCIN

SURNAME

NABAGLO

PESEL

75110400758

CITIZENSHIP

POLAND

COUNTRY

POLAND

OTHER DIRECTORSHIP

PRESIDENT OF THE BOARD : P4S SPOLKA Z.O.O.

-2008/10/02

SHAREHOLDER : EUROSOFT SPOLKA Z.O.O.

 

 

PROXY / PLENIPOTENTIARY

 

NAME:

JANUSZ

SURNAME:

NABAGtO

PESEL:

45121800933

CITIZENSHIP:

Poland

COUNTRY:

Poland

 

NAME:

KATARZYNA

SURNAME:

NABAGtO

PESEL:

76090709224

CITIZENSHIP:

Poland

COUNTRY:

Poland

 

SHARES IN OTHER COMPANIES

 

COMPANY NAME:

P4S SPOtKA Z O.O.

V.A.T.:

648-274-27-94

STREET:

PAWLICZKA 27A

ZIP CODE:

41-800

TOWN:

ZABRZE

VALUE:

250.000,00 PLN

NUMBER OF SHARES:

250

 

 

Employment

 

TOTAL (MIN-MAX)

PRODUCTIVE (MIN-

UNPRODUCTIVE (MIN-

FROM DATE

TO DATE

 

MAX)

MAX)

 

 

80 - 90

-

-

2011/01/01

2011/12/31

81 - 81

-

-

2010/01/01

2010/12/31

60 - 60

-

-

2008/01/01

2008/12/31

60 - 60

-

-

2007/01/01

2007/12/31

53 - 53

-

-

2006/01/01

2006/12/31

21 - 21

-

-

2004/01/01

2004/12/31

 

 

 

REAL ESTATE

 

OWNED

 

KIND OF REAL ESTATE

AREA FROM

AREA TO

VALUE

CURRENCY

MORTGAGEE REGISTER NUMBER

GROUNDS

 

 

2.509.653,63

PLN

 

BUILDINGS AND CONSTRUCTION

 

 

3.426.234,98

PLN

 

 

 

TO DATE

TO DATE

TURNOVER

NET SALES

EXPORT

IMPORT

2011/01/01

2011/12/31

74.019.212,09

73.567.255,94

 

 

2010/01/01

2010/12/31

48.365.021,73

48.007.907,37

 

 

2009/01/01

2009/12/31

36.691.677,34

36.114.562,13

 

 

2008/01/01

2008/12/31

42.457.259,60

41.556.037,02

 

 

2007/01/01

2007/12/31

34.620.603,31

34.283.613,95

 

 

2006/01/01

2006/12/31

27.848.616,75

27.684.140,78

 

 

2005/01/01

2005/12/31

23.524.191,54

23.382.737,99

 

 

2004/01/01

2004/12/31

18.530.860,26

18.446.935,26

 

 

 

FINANCIAL STATEMENT

 

YEAR 1

YEAR 2

YEAR 3

 

DATE:|

31/12/2011

31/12/2010

31/12/2009

ASSETS |

|

A. Total non-current assets

 

8.486.866,71

8.920.934,17

8.561.882,95

I.Intangible assets:

 

228.134,96

354.204,96

445.405,96

1.Costs of development activities:

 

0,00

0,00

0,00

2.Goodwill:

 

90.823,11

151.371,86

211.920,61

3.0ther intangible fixed assets:

 

137.311,85

202.833,10

233.485,35

4.Prepayments for intangible assets:

 

0,00

0,00

0,00

II.Fixed assets:

 

7.522.855,41

8.020.240,99

8.043.729,23

l.tangible fixed assets:

 

7.481.605,63

7.978.991,21

7.987.561,42

a)land:

 

2.509.653,80

2.649.045,20

2.788.436,60

b)buildings:

 

3.426.234,98

3.542.190,35

3.658.145,68

c)machinery and equipment:

 

126.066,16

95.282,25

138.923,40

d)vehicles:

 

1.206.562,83

1.317.527,67

1.028.851,23

e)other tangible fixed assets:

 

213.087,86

374.945,74

373.204,51

2.Investments in progress:

 

41.249,78

41.249,78

41.249,78

3.Investments in progress paid on accounts:

 

0,00

0,00

14.918,03

III.Long-term receivables:

 

0,00

0,00

0,00

I.From related companies:

 

0,00

0,00

0,00

2.From other companies:

 

0,00

0,00

0,00

IV.Long-term investments:

 

256.327,00

256.327,00

0,00

I.Real-estate property:

 

0,00

0,00

0,00

2.Intangible assets:

 

0,00

0,00

0,00

3.Long-term financial assets:

 

256.327,00

256.327,00

0,00

a) in related companies:

 

256.327,00

256.327,00

0,00

- shares:

 

256.327,00

256.327,00

0,00

- other commercial papers:

 

0,00

0,00

0,00

- provided loans:

 

0,00

0,00

0,00

- other long-term financial assets:

 

0,00

0,00

0,00

b) in other companies:

 

0,00

0,00

0,00

- shares:

 

0,00

0,00

0,00

- other commercial papers:

 

0,00

0,00

0,00

- provided loans:

 

0,00

0,00

0,00

- other long-term financial assets:

 

0,00

0,00

0,00

4.0ther long-term investments:

 

0,00

0,00

0,00

V.Long-term interperiod settlements:

 

479.549,34

290.161,22

72.747,76

1.Assets from deffered income tax:

 

202.452,04

117.031,96

44.688,95

2.0thers:

 

277.097,30

173.129,26

28.058,81

B. Current assets:

 

40.390.991,56

24.256.503,65

18.791.806,55

I. Inventory

 

18.812.862,87

14.031.767,95

11.082.590,63

1.Materials:

 

543.619,42

476.374,41

375.846,75

2.Semi-products and work in progress:

 

39.962,25

37.099,43

45.890,47

3.Finished goods:

 

494.544,40

286.549,33

334.366,87

4.Products:

 

17.730.455,80

12.746.958,46

10.212.640,79

5.Advance payment for delivery:

 

4.281,00

484.786,32

113.845,75

II.Accounts receivable:

 

13.633.531,65

9.903.875,57

7.434.500,51

1.From related companies:

 

1.391.653,55

75.791,89

0,00

a)trade receivables:

 

1.391.653,55

75.791,89

0,00

- within 12 months:

 

1.391.653,55

75.791,89

0,00

- more than 12 months:

 

0,00

0,00

0,00

b)others:

 

0,00

0,00

0,00

2.From other companies:

 

12.241.878,10

9.828.083,68

7.434.500,51

a)trade receivables:

 

12.091.574,50

9.701.004,25

7.385.200,08

- within 12 months:

 

12.091.574,50

9.701.004,25

7.385.200,08

- more than 12 months:

 

0,00

0,00

0,00

b)tax and social receivables:

 

97.560,90

89.949,64

26.619,11

c)other receivables:

 

52.742,70

37.129,79

22.681,32

d)accounts receiv. result. from disputable claims:

 

0,00

0,00

0,00

III.Short-term investments:

 

7.796.174,28

117.751,66

197.898,84

1.Short-term financial assets:

 

7.796.174,28

117.751,66

197.898,84

a) in related companies:

 

0,00

0,00

0,00

- shares:

 

0,00

0,00

0,00

- other commercial papers:

 

0,00

0,00

0,00

- provided loans:

 

0,00

0,00

0,00

- other short-term financial assets:

 

0,00

0,00

0,00

b) in other companies:

 

0,00

0,00

0,00

- shares:

 

0,00

0,00

0,00

- other commercial papers:

 

0,00

0,00

0,00

- provided loans:

 

0,00

0,00

0,00

- other short-term financial assets:

 

0,00

0,00

0,00

c)cash and other cash assets:

 

7.796.174,28

117.751,66

197.898,84

- cash in hand and at bank:

 

317.861,68

117.751,66

197.898,84

- other cash means:

 

7.478.312,60

0,00

0,00

- other cash assets:

 

0,00

0,00

0,00

2.0ther short-term investments:

 

0,00

0,00

0,00

IV.Short-term interperiod settlements:

 

148.422,76

203.108,47

76.816,57

Total assets (A+B):

 

48.877.858,27

33.177.437,82

27.353.689,50

LIABILITIES

A. Net worth:

 

25.259.147,19

22.453.534,54

19.952.380,96

I.Issued capital:

 

960.000,00

960.000,00

960.000,00

II.Outstanding but unpaid contribution

 

0,00

0,00

0,00

III.Entity's own capital (negative):

 

0,00

0,00

0,00

IV.Reserve capital:

 

21.493.534,54

18.992.380,96

17.687.868,80

V.Revaluation reserve:

 

0,00

0,00

0,00

VI.Other reserve capitals:

 

0,00

0,00

0,00

VII.Profit/loss brutto forward:

 

0,00

0,00

13.191,59

VIII.Net financial result for the year:

 

2.805.612,65

2.501.153,58

1.291.320,57

IX.Write-offs from net profit:

 

0,00

0,00

0,00

B.Liabilities & reserves:

 

23.618.711,08

10.723.903,28

7.401.308,54

I.Reserve for liabilities:

 

326.211,90

89.176,01

62.515,11

1.Reserves for deffered income tax:

 

67.728,50

37.157,96

17.491,11

2.Reserves for retirement and similar:

 

0,00

0,00

0,00

- long-term:

 

0,00

0,00

0,00

- short-term:

 

0,00

0,00

0,00

3.0ther reserves:

 

258.483,40

52.018,05

45.024,00

- long-term:

 

0,00

0,00

0,00

- short-term:

 

258.483,40

52.018,05

45.024,00

II.Long-term liabilities:

 

708.783,37

691.548,86

1.191.091,17

1.To related companies:

 

0,00

0,00

0,00

2.To other companies:

 

708.783,37

691.548,86

1.191.091,17

a)credits and loans:

 

0,00

0,00

675.740,16

b)commercial papers:

 

0,00

0,00

0,00

c)other financial liabilities:

 

708.783,37

691.548,86

515.351,01

d)other long-term liabilities:

 

0,00

0,00

0,00

III.Short-term liabilities:

 

22.583.505,81

9.943.178,41

6.147.702,26

1.To related companies:

 

10.696.462,92

2.369.143,20

6.040,08

a)trade payable:

 

6.174.296,28

130.471,57

6.040,08

- within 12 months:

 

6.174.296,28

130.471,57

6.040,08

- more than 12 months:

 

0,00

0,00

0,00

b)other:

 

4.522.166,64

2.238.671,63

0,00

2.To other companies:

 

11.798.050,43

7.491.880,40

6.064.680,28

a)bank loans:

 

1.838.437,00

3.676.493,16

2.719.697,77

b)commercial papers:

 

0,00

0,00

0,00

c)other financial liabilities:

 

345.455,37

435.091,25

451.468,75

d)trade payables:

 

8.890.154,17

2.208.216,69

1.999.022,72

- within 12 months:

 

8.890.154,17

2.208.216,69

1.999.022,72

- more than 12 months:

 

0,00

0,00

0,00

e)supplies paid on account:

 

0,00

0,00

0,00

f)notes payable:

 

0,00

0,00

0,00

g)tax & social securities:

 

404.868,32

806.024,37

666.095,02

h)payroll payable:

 

314.088,88

364.499,21

223.812,45

i)other short-term liabilities:

 

5.046,69

1.555,72

4.583,57

3. Special funds:

 

88.992,46

82.154,81

76.981,90

IV. Accrued liabilities:

 

210,00

0,00

0,00

1. Negative goodwill

 

0,00

0,00

0,00

2. Other

 

210,00

0,00

0,00

- long-term:

 

0,00

0,00

0,00

- short-term:

 

210,00

0,00

0,00

Total liabilities (A+B):

 

48.877.858,27

33.177.437,82

27.353.689,50

 

Profit and Loss account (comp)

 

 

YEAR 1

YEAR 2

YEAR 3

 

FROM DATE:

01/01/2011

01/01/2010

01/01/2009

 

TO DATE:

31/12/2011

31/12/2010

31/12/2009

A. Net sales of goods and products:

 

73.567.255,94

48.007.907,37

36.114.562,13

- including to related companies

 

12.628.755,37

350.987,68

38.421,09

I. Net sales of products

 

4.890.226,08

3.096.415,45

1.817.971,26

II. Change of products

 

293.875,42

205.355,88

259.495,68

III.Costs of production

 

0,00

0,00

11.642,71

IV.Net sale of goods and materials

 

68.383.154,44

44.706.136,04

34.025.452,48

 

 

B. Operation expenses:

 

68.811.147,08

44.693.230,63

34.396.429,19

 

 

I. Depreciation:

 

1.039.134,67

1.079.035,29

1.122.386,59

 

 

II. Costs of materials and energy

 

1.489.109,03

1.445.266,60

893.394,72

 

 

III. Outside services

 

3.790.987,45

2.814.244,32

1.791.235,80

 

 

IV.Taxes :

 

223.070,43

174.845,31

132.793,10

 

 

- including excise taxes:

 

0,00

0,00

0,00

 

 

V. Salaries

 

5.331.957,26

4.542.209,73

3.708.232,97

 

 

VI. Social taxes & related

 

1.183.602,67

913.815,79

746.023,64

 

 

VII. Other

 

589.274,55

361.963,81

402.520,19

 

 

VIII. Goods and materials sold

 

55.164.011,02

33.361.849,78

25.599.842,18

 

 

C. Profit (loss) on sale (A-B)

 

4.756.108,86

3.314.676,74

1.718.132,94

 

 

D. Other operation incomes

 

431.914,58

317.918,57

469.645,70

 

 

I. Profit from sale of tangible assets

 

163.436,99

118.427,69

34.912,98

 

 

II. Grants & subsidies

 

0,00

0,00

19.234,00

 

 

III. Other

 

268.477,59

199.490,88

415.498,72

 

 

E. Other operating costs

 

598.908,84

297.401,04

313.392,98

 

 

I. Loss from sale of tangible assets

 

0,00

0,00

0,00

 

 

II. Revaluation of non-financial assets

 

24.407,42

1.597,22

47.017,59

 

 

III. Other operating costs

 

574.501,42

295.803,82

266.375,39

 

 

F. Profit (loss) from operating activity (C+D-E)

 

4.589.114,60

3.335.194,27

1.874.385,66

 

 

G. Financial income

 

20.041,57

39.195,79

107.469,51

 

 

I. Dividends

 

0,00

0,00

0,00

 

 

- from subsidiaries and affiliates

 

0,00

0,00

0,00

 

 

II. Interest receivable

 

19.844,80

741,93

1.837,36

 

 

- from subsidiaries and affiliates

 

9.867,00

0,00

0,00

 

 

III. Profits from investment transferred

 

0,00

0,00

0,00

 

 

IV. Revaluation of investments

 

0,00

0,00

0,00

 

 

V. Other

 

196,77

38.453,86

105.632,15

 

 

H. Financial costs

 

993.591,06

220.084,64

288.753,61

 

 

I. Interest payable including:

 

417.618,46

211.160,21

276.040,32

 

 

- including to related companies

 

155.805,09

9.027,15

0,00

 

 

II. Loss from investments transferred

 

0,00

0,00

0,00

 

 

III. Revaluation of investments

 

0,00

0,00

0,00

 

 

IV. Other

 

575.972,60

8.924,43

12.713,29

 

 

I. Profit (loss) from economic activity (F+G-H)

 

3.615.565,11

3.154.305,42

1.693.101,56

 

 

J. Extraordinary items (J.I - J.II)

 

0,00

0,00

0,00

 

 

I. Extraordinary incomes

 

0,00

0,00

0,00

 

 

II.Extraordinary losses

 

0,00

0,00

0,00

 

 

K. Brutto profit (loss) for the year (I+/-J):

 

3.615.565,11

3.154.305,42

1.693.101,56

 

 

L. Corporate income tax

 

809.952,46

653.151,84

401.780,99

 

 

M. Other obligatory charges

 

0,00

0,00

0,00

 

 

N. Net profit (loss) for the year (K-L-M):

 

2.805.612,65

2.501.153,58

1.291.320,57

 

 

 

 

 

CASH FLOW

 

 

 

 

YEAR 1

YEAR 2

YEAR 3

 

 

 

FROM DATE:

01/01/2011

01/01/2010

01/01/2009

 

 

 

TO DATE:

31/12/2011

31/12/2010

31/12/2009

 

 

A. Operating cash flow

 

8.384.814,98

-1.418.063,60

1.259.514,36

 

 

I. Net profit

 

2.805.612,65

2.501.153,58

1.291.320,57

 

 

II. Adjustments

 

5.579.202,33

-3.919.217,18

-31.806,21

 

 

1. Depreciation

 

1.099.683,42

1.149.510,80

1.182.935,34

 

 

2. Loss an exchange rates difference

 

346.983,34

-17.892,00

-16.802,95

 

 

3. Interests/dividends receivable/payable

 

329.962,96

155.381,69

193.030,48

 

 

4. Loss on investment activities

 

-163.436,99

-118.427,69

-34.912,98

 

 

5. Change of reserves

 

237.035,89

26.660,90

-5.964,26

 

 

6. Change in inventories

 

-4.781.094,92

-2.949.177,32

45.431,63

 

 

7. Change in accaunts receivable

 

-3.729.656,08

-2.469.375,06

-669.748,28

 

 

8. Change in short-term liabilities

 

12.284.524,43

616.386,63

-909.572,09

 

 

9. Change in prepaid items

 

-134.492,41

-343.705,36

118.160,45

 

 

10. Other items

 

89.692,69

31.420,23

65.636,45

 

 

III.Net operating cash flow (I +/- II)

 

8.384.814,98

-1.418.063,60

1.259.514,36

 

 

B. Investment cash flow

 

-1.831,34

-410.204,42

-130.732,16

 

 

I. Cash inflows from investment activities

 

195.254,47

129.573,91

67.680,94

 

 

1. Sale of intangible assets

 

195.254,47

129.573,91

67.680,94

 

 

2. Sale of real-estate property and intang. assets

 

0,00

0,00

0,00

 

 

3. Sale of financial assets

 

0,00

0,00

0,00

 

 

a) in related companies:

 

0,00

0,00

0,00

 

 

- financial ASSETS transferred

 

0,00

0,00

0,00

 

 

- dividends and share in profits

 

0,00

0,00

0,00

 

 

- repayments of long-term loans granted

 

0,00

0,00

0,00

 

 

- interests

 

0,00

0,00

0,00

 

 

- other inflows

 

0,00

0,00

0,00

 

 

b) in other companies:

 

0,00

0,00

0,00

 

 

- financial ASSETS transferred

 

0,00

0,00

0,00

 

 

- dividends and share in profits

0,00

0,00

0,00

- repayments of long-term loans granted

0,00

0,00

0,00

- interests

0,00

0,00

0,00

- other inflows

0,00

0,00

0,00

4. Other investment inflows

0,00

0,00

0,00

II. Cash outflows from investment activities

197.085,81

539.778,33

198.413,10

1. Acquired intangible and tangible fixed assets

197.085,81

283.451,33

198.413,10

2. Investments in real-estate and intangible assets

0,00

0,00

0,00

3. On financial assets

0,00

256.327,00

0,00

a) assets in related companies

0,00

0,00

0,00

b) assets in other companies

0,00

256.327,00

0,00

- financial ASSETS acquired

0,00

256.327,00

0,00

- long-term loans granted

0,00

0,00

0,00

4. Other investment outflows

0,00

0,00

0,00

III. Net cash from investment activities

-1.831,34

-410.204,42

-130.732,16

C. Financial cash flow

-357.577,68

1.730.228,84

-1.287.780,27

I. Inflows from financial activity

2.093.615,30

3.065.971,49

183.661,04

1. Net inflows from issuing shares, capital instr.

0,00

26.558,00

10.038,00

2. Bank credits and loans

2.073.770,54

3.038.671,63

171.785,68

3. Issue of debt securities

0,00

0,00

0,00

4. Other financial inflows

19.844,76

741,86

1.837,36

II. Cash outflows from financial activity

2.451.192,98

1.335.742,65

1.471.441,31

1. Own shares acquired

0,00

0,00

0,00

2. Dividends and other payables to owner

0,00

0,00

0,00

3. payments, other than dividends,to shareholders/owners

0,00

0,00

0,00

4. Bank credits and loan repaids

1.628.331,69

518.944,77

735.743,52

5. Debt securities and loans repaid

0,00

0,00

0,00

6. Resulted from financial leasing

0,00

0,00

0,00

7. Interests payable

454.339,71

649.924,41

531.409,95

8. Interests

349.807,72

156.123,55

194.867,84

9. Other financial outflows

18.713,86

10.749,92

9.420,00

III. Net financial cash flow

-357.577,68

1.730.228,84

-1.287.780,27

D. Total net cash flow (A.III +/- B.III +/- C.III)

8.025.405,96

-98.039,18

-158.998,07

E. Change in cash. positions in balance

7.678.422,62

-80.147,18

-142.195,12

- including due to the foreign exchanges difference

-346.983,34

17.892,00

16.802,95

F. Cash at the beginning of the year

117.751,66

197.898,84

340.093,96

G. Cash at the end of the year (F +/- D)

8.143.157,62

99.859,66

181.095,89

- including restricted cash

0,00

0,00

 

 

INDEX ANALYSIS

INDEX

31/12/2011

31/12/2010

31/12/2009

CURRENT RATIO (CR)

1,79

2,44

3,06

Current assets/Current liabilities

 

 

 

 

 

 

QUICK RATIO (QR)

0,96

1,03

1,25

Current Assets-Inventory/Current liabilities

 

 

 

 

 

 

CASH RATIO (SQR)

0,35

0,01

0,03

Cash/Current liabilities

 

 

 

 

 

 

STOCK TURNOVER/DAY'S SUPPLY IN INVENTORY

93,34

106,68

112,01

Inventory/Turnover x 365 days

 

 

 

 

 

 

CREDITORS DAYS/DAY'S SALES IN RECEIVABLES

67,64

75,30

75,14

Current receivables/Turnover x 365 days

 

 

 

 

 

 

DEBTORS DAYS/DAY'S PURCHASE IN PAYABLES

112,05

75,60

62,13

Current liabilities/Turnover x 365 days

 

 

 

 

 

 

TOTAL INDEBTNESS/DEBT RATIO

48,32

32,32

27,06

Outside capital/Equity capital x 100%

 

 

 

 

 

 

LONG TERM INDEBTNESS I/LONG TERM DEBT RATIO I

0,03

0,03

0,06

Longterm liabilities/Equity capital

 

 

 

 

 

 

LONG TERM INDEBTNESS II/LONG TERM DEBT RATIO II

2,73

2,99

5,63

Longterm liab./Equity cap.+Longterm liab. x 100%

 

 

 

 

 

 

RETURN ON SALES (ROS)

3,81

5,21

3,58

Net profit/Turnover x 100%

 

 

 

 

 

 

RETURN ON ASSETS (ROA)

5,74

7,54

4,72

Net profit/Total assets x 100%

 

 

 

 

 

 

RETURN ON EQUITY (ROE)

Net profit/Equity capital x 100%

11,11

11,14

6,47

LONG TERM LIABILITIES IN OUTSIDE CAPITAL

0,03

0,07

0,16

Longterm liabilities/Outside capital x 100%

 

 

 

 

 

 

WORKING CAPITAL

17.807.485,75

14.313.325,24

12.644.104,29

Current assets-Current liabilities

 

 

 

 

 

 

WORKING CAPITAL RATIO

24,21

29,81

35,01

Current assets-Current liabilities/Turnover x 100%

 

 

 

 

 

 

 

SECTOR AVERAGE VALUES (for last available 3 years

 

NACE:50 (Sale, maintenance and repair of motor vehicles and motorcycles; retail sale ...)

 

INDEX ANALYSIS

31/12/2011

31/12/2010

31/12/2009

CURRENT RATIO (CR)

Current assets/Current liabilities

2,80

2,15

2,84

QUICK RATIO (QR)

Current Assets-Inventory/Current liabilities

1,50

1,36

1,89

RETURN ON SALES (ROS)

Net profit/Turnover x 100%

-6,48

0,18

37,77

RETURN ON ASSETS (ROA)

Net profit/Total assets x 100%

3,77

4,65

6,24

RETURN ON EQUITY (ROE)

Net profit/Equity capital x 100%

3,17

8,99

15,51

EMPLOYMENT

 

Employment TOTAL

83.84                83.76                    83.70

Employment PRODUCTIVE

50.43                 50.29                   52.88

Employment UNPRODUCTIVE

41.71                 42.14                   46.38

TURNOVER/NET SALES

 

TURNOVER

127.551.851,54   317.920.210,77          198.801.009,60

NET SALES

56.370.460,66    215.475.361,77         148.658.749,66

TOTAL ASSETS

 

TOTAL ASSETS

316.622.428,01    183.395.828,83         128.257.906,37

 

NACE:51 (Wholesale trade and commission trade, except of motor vehicles and motorcycles)

 

INDEX ANALYSIS

31/12/2011

31/12/2010

31/12/2009

CURRENT RATIO (CR)

Current assets/Current liabilities

2,18

 11,64

2,74

QUICK RATIO (QR)

Current Assets-Inventory/Current liabilities

1,35

i 10,82

1,86

RETURN ON SALES (ROS)

Net profit/Turnover x 100%

6,39

) 0,09

0,26

RETURN ON ASSETS (ROA)

Net profit/Total assets x 100%

4,90

) 4,50

-6,26

RETURN ON EQUITY (ROE)

Net profit/Equity capital x 100%

12,89

) 34,93

-5,76

EMPLOYMENT

 

 

 

Employment TOTAL

5085.96                      

5090.65

5103.28

Employment PRODUCTIVE

371.90

                 314.54

257.65

Employment UNPRODUCTIVE

232.58

257.65

177.83

TURNOVER/NET SALES

 

 

 

TURNOVER

1.128.203.936,60

534.826.314,93

423.082.061,32

NET SALES

316.210.008,08

253.462.612,96

271.428.936,05

TOTAL ASSETS

 

 

 

TOTAL ASSETS

934.999.411,41

420.318.948,41

338.103.472,53

 

 

HISTORICAL DATA

 

Basic Data (History)

 

 

Validity period:

2001/12/ - 2003/07/17

Legal form:

ORDINARY PARTNERSHIP COMPANY

Register organ:

13

Type:

NATIONAL COURT REGISTER

Number in register:

KRS 92723

 

 

Shares (History)

 

 

Validity period:

2003/07/17 - 2008/10/02

Number of Shares

480

Shares amount

480.000,00

Currency code

PLN

ID_osoby:

CEN0044964CL

NAME:

GRZEGORZ

SECOND NAME:

MARCIN

SURNAME:

NABAGtO

PESEL:

75110400758

CITIZENSHIP:

Poland

COUNTRY:

Poland

 

Payments

Overdue payments

There aren't negative on the company payment behavior by available

Overdue payments

sources of KRD (National Debt Register Economic Information Bureau)

Overdue payments

at 2012.11.30

 

 

TRADE PARTNERS

 

Officially not available

RELATED FIRMS

COMPANY NAME          : P4S SPÓŁKA Z O.O.

V.A.T.                           : 648-274-27-94

STREET                        : PAWLICZKA 27A

ZIP CODE                     : 41-800

TOWN                          : ZABRZE

 

 

PROCEDURES

 

Officially not available

16

. ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

 

PN-EN ISO 9001:2000

 

 

BANKS

 

Officially not available

 

 

CUSTOMERS / SUPPLIERS

 

Officially not available

19. COMPANY

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.54.57

UK Pound

1

Rs.87.90

Euro

1

Rs.71.53

 

 

INFORMATION DETAILS

 

Report Prepared by :

SDA

 

 

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.