MIRA INFORM REPORT

 

 

Report Date :           

12.01.2012

 

IDENTIFICATION DETAILS

 

Name :

DIPHARMA FRANCIS S.R.L.

 

 

Registered Office :

Via Bissone, 5 Baranzate Di Bollate, 20021 – Baranzate (MI)        

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

09.02.1990

 

 

Com. Reg. No.:

MI146-303121 since 19/02/1996

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of chemicals and chemical products

 

 

No. of Employees :

251 to 500

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

100.000 Eur

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 – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Italy

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

Dipharma Francis S.r.l.

 

Via Bissone, 5 Baranzate Di Bollate

 

20021 - Baranzate (MI) -IT-

 

 

Summary

 

Fiscal Code

:

09971080156

Legal Form

:

Limited liability company

start of Activities

:

09/02/1990

Equity

:

Over 2.582.254 Eur

Turnover Range

:

75.000.000/100.000.000 Eur

Number of Employees

:

from 251 to 500

 

           

Credit Analysis

 

Credit Opinion

:

100.000 - Eur

 

Activity

 

MANUFACTURE OF CHEMICALS AND CHEMICAL PRODUCTS

MANUFACTURE OF PHARMACEUTICAL-BASED PRODUCTS AND PHARMACEUTICAL PREP

ARATIONS

Wholesale of medicines

 

Legal Data

 

Legal Form : Limited liability company

Fiscal Code : 09971080156

 

Foreign Trade Reg. no. : MI231247 since 14/09/1995

 

Foreign Trade Reg. no. : 231247 of Milano since 14/09/1995

 

Chamber of Commerce no. : 1333386 of Milano since 04/04/1990

 

Chamber of Commerce no. : 257930 of Udine

 

Chamber of Commerce no. : 245000 of Varese

 

Firms' Register : MI146-303121 since 19/02/1996

 

V.A.T. Code : 09971080156

 

Tribunal Co. Register : 303121 of Milano

 

Foundation date

: 09/02/1990

Establishment date

: 09/02/1990

Start of Activities

: 09/02/1990

Legal duration

: 31/12/2050

Nominal Capital

: 8.400.000

Eur

Subscribed Capital

: 8.400.000

Eur

Paid up Capital

: 8.400.000

Eur

 

Members

 

 

Biazzi

Guido

 

 

 

Born in Torino

(TO)

on 04/06/1937

- Fiscal Code : BZZGDU37H04L219D

 

 

 

Residence :

Via

Bissone

, 5

- 20121

Bollate

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/06/2009

 

 

 

 

No Protests registered

 

 

Biazzi

Barbara

 

 

 

Born in Milano

(MI)

on 24/03/1940

- Fiscal Code : BZZBBR40C64F205O

 

 

 

Residence :

Via

Bissone

, 5

- 20121

Bollate

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/06/2009

 

 

 

 

No Protests registered

 

 

Polastro

Enrico

 

 

 

Born in Novara

(NO)

on 07/07/1954

- Fiscal Code : PLSNRC54L07F952T

 

 

 

Residence :

Via

Avenue Fres Le Grain

, 18

Bruxelles

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/06/2009

 

 

 

 

No Protests registered

 

 

Bona

Roberto

 

 

 

Born in Millesimo

(SV)

on 16/01/1960

- Fiscal Code : BNORRT60A16F213O

 

 

 

Residence :

Viale

Europa

, 45

- 24050

Grassobbio

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

08/06/2009

 

 

 

No Protests registered

 

Favaron

Lodia

 

 

Born in Cavarzere

(VE)

on 20/07/1948

- Fiscal Code : FVRLDO48L60C383W

 

 

Residence :

Via

Leonardo Da Vinci

, 21/B

- 20092

Cinisello Balsamo

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

Conte

Daniela

 

 

Born in Milano

(MI)

on 16/06/1968

- Fiscal Code : CNTDNL68H56F205T

 

 

Residence :

Via

Puricelli Gian Pietro

, 11

- 20147

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

Minardi

Giovanni

 

 

Born in Ferrara

(FE)

on 09/01/1948

- Fiscal Code : MNRGNN48A09D548A

 

 

Residence :

Via

Camelie

, 7

- 20095

Cusano Milanino

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

Cocchioni

Monica Sonia

 

 

Born in Legnano

(MI)

on 30/12/1973

- Fiscal Code : CCCMCS73T70E514M

 

 

Residence :

Via

Fratelli Cairoli

, 7

- 20027

Rescaldina

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

04/06/2007

 

 

 

No Protests registered

 

Brina

Lorenzo

 

 

Born in Milano

(MI)

on 24/09/1974

- Fiscal Code : BRNLNZ74P24F205V

 

 

Residence :

Via

Arese Francesco

, 20

- 20159

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

26/11/2007

 

 

 

No Protests registered

 

Allegrini

Pietro

 

 

Born in Foligno

(PG)

on 13/08/1963

- Fiscal Code : LLGPTR63M13D653U

 

 

Residence :

Via

Gorizia

, 1

- 20097

San Donato Milanese

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

Ballabio

Massimo

 

 

Born in Milano

(MI)

on 30/04/1955

- Fiscal Code : BLLMSM55D30F205Z

 

 

Residence :

Via

Monte Bianco

, 15

- 21042

Caronno Pertusella

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

De Caro

Michele

 

 

Born in Trieste

(TS)

on 28/07/1963

- Fiscal Code : DCRMHL63L28L424B

 

 

Residence :

Via

Fornelli Di Sotto

, 33

- 33050

Torviscosa

(UD)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

28/06/2010

 

 

 

No Protests registered

 

Gentili

Damiana

 

 

Born in Montegiorgio

(AP)

on 06/07/1971

- Fiscal Code : GNTDMN71L46F520I

 

 

Residence :

Via

Roma

, 79

- 20024

Garbagnate Milanese

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

Farina

Carlo Luigi

 

 

Born in Carate Brianza

(MB)

on 05/03/1973

- Fiscal Code : FRNCLL73C05B729Q

 

 

Residence :

Via

Delle Ginestre

, 4

- 20040

Briosco

(MB)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

Pini

Lucilla

 

 

Born in Caronno Pertusella

(VA)

on 02/04/1957

- Fiscal Code : PNILLL57D42B805A

 

 

Residence :

Via

Donati

, 15

- 21047

Saronno

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

22/12/2006

 

 

 

No Protests registered

 

Nogueira

Jorge Alberto

 

 

Born in Buenos Aires

on 08/09/1950

- Fiscal Code : NGRJGL50P08Z600P

 

 

Residence :

Via

Bissone

, 5

- 20121

Bollate

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/06/2009

 

 

 

No Protests registered

 

Fearn

Peter Hugh Colin

 

 

Born in Omagh

on 15/03/1953

- Fiscal Code : FRNPRH53C15Z116A

 

 

Residence :

Via

Bissone

, 5

- 20021

Baranzate

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/06/2009

 

 

Board Chairman

23/06/2009

 

 

 

No Protests registered

 

Geinoz

Marc Olivier

 

 

Born in Losanna

on 15/10/1971

- Fiscal Code : GNZMCL71R15Z133Y

 

 

Residence :

Via

Bissone

, 5

- 20021

Baranzate

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Managing Director

23/06/2009

 

 

Director

23/06/2009

 

 

 

No Protests registered

 

Mainini

Stefano

 

 

Born in Novara

(NO)

on 03/10/1960

- Fiscal Code : MNNSFN60R03F952F

 

 

Residence :

Via

Turbigo Pernate

, 115

- 28100

Novara

(NO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

08/03/2010

 

 

 

No Protests registered

 

Oldrini

Pierluigi

 

 

Born in Gallarate

(VA)

on 14/08/1960

- Fiscal Code : LDRPLG60M14D869C

 

 

Residence :

Via

Vittorio Veneto

, 21

- 21050

Cairate

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

07/04/2008

 

 

 

No Protests registered

 

Ganzi

Arianna

 

 

Born in Busto Arsizio

(VA)

on 18/11/1970

- Fiscal Code : GNZRNN70S58B300H

 

 

Residence :

Via

Xxii Marzo

, 22

- 21013

Gallarate

(VA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

08/10/2009

 

 

 

No Protests registered

 

Griffin

Kenneth

 

 

Born in Coventry

on 31/07/1956

- Fiscal Code : GRFKNT56L31Z114Z

 

 

Residence :

Via

Vincenzo Foppa

, 52

- 20013

Magenta

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

08/10/2009

 

 

 

No Protests registered

 

Scubla

Tiziano

 

 

Born in Udine

(UD)

on 05/08/1963

- Fiscal Code : SCBTZN63M05L483X

 

 

Residence :

Via

Publio Bonanni

, 32

- 33037

Pasian di Prato

(UD)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

28/06/2010

 

 

 

No Protests registered

 

Companies connected to members *

 

*checkings have been performed on a national scale.

 

In this module are listed the companies in which members hold or have holded positions.

 

BONA

ROBERTO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

3V CHEMICAL COMPANY S.P.A.

Milano (MI) - IT -

11024180157

Attorney with special power

Withdrawn

Registered

ROHM AND HAAS ITALIA S.R.L.

Milano (MI) - IT -

09800310154

Attorney with special power

Withdrawn

Registered

 

FAVARON

LODIA

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

DIPHARMA S.P.A.

Mereto di Tomba (UD) - IT -

00158520304

Procurator

Withdrawn

Ceased

 

FEARN

PETER HUGH COLIN

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

DIPHARMA S.P.A.

Mereto di Tomba (UD) - IT -

00158520304

Director

Withdrawn

Ceased

DIPHARMA S.P.A.

Mereto di Tomba (UD) - IT -

00158520304

Board Chairman

Withdrawn

Ceased

 

GEINOZ

MARC OLIVIER

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

DIPHARMA S.P.A.

Mereto di Tomba (UD) - IT -

00158520304

Managing Director

Withdrawn

Ceased

DIPHARMA S.P.A.

Mereto di Tomba (UD) - IT -

00158520304

Director

Withdrawn

Ceased

 

MAININI

STEFANO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

ARCHIMICA S.R.L.

Milano (MI) - IT -

05333280963

Procurator

Withdrawn

Registered

 

OLDRINI

PIERLUIGI

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

SCUOLA MATERNA GAETANO CROSTI

Cairate (VA) - IT -

81007070121

Director

Active

Registered

 

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.

 


Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Gerance Mifinco SpA

 

80021510302

213.122 .Eur

2,53

Rodighiero Andrea Giovanni

 

RDGNRG69C12L483T

95.718 .Eur

1,13

Rodighiero Paola

 

RDGPLA68C49L483D

95.718 .Eur

1,13

Geinoz Isaline

Mereto di Tomba - IT -

GNZSLN79E59Z133A

2.100 .Eur

0,02

Geinoz Marc Olivier

Baranzate - IT -

GNZMCL71R15Z133Y

700.000 .Eur

8,33

Socorex Holding Sa

 

 

7.293.342 .Eur

86,82

 

Direct Participations

 

The Company under review has no participations in other Companies.

 

Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

Via

Bissone

, 5

- 20021

- Baranzate

(MI)

- IT -

 

 

 

 

PHONE

: 02/367111

 

 

 

 

PHONE

: 02/382281

 

 

 

 

FAX

: 02/38201075

 

-

Branch

(Factory )

since 01/11/1995

 

 

 

 

 

Via

Origgio

, 23

- 21042

- Caronno Pertusella

(VA)

- IT -

 

 

 

 

PHONE

: 02/967111

 

 

 

 

PHONE

: 0432/866811

 

 

 

 

FAX

: 0432/865800

 

-

Branch

(Factory )

since 01/08/2005

 

 

 

 

 

Via

Bissone

, 5

- 20021

- Bollate

(MI)

- IT -

 

 

 

 

PHONE

: 02/38201075

 

 

 

 

FAX

: 02/38201075

 

-

Branch

(Factory )

since 01/08/2005

 

 

 

 

 

Via

Xxiv Maggio

, 40

- 33036

- Mereto di Tomba

(UD)

- IT -

 

 

 

 

Employees

: 429

 

Fittings and Equipment for a value of 26.320.000

Eur

 

Stocks for a value of 15.370.000

Eur

 

Trade organization: direct or by agents.

Sales area on a national scale.

 

 

Import comes generally from the following nations:

- Germania

 

- Gran Bretagna

 

- Francia

 

 

Historical Information and/or Firm's Status

 

 

COMPANY STYLE MODIFICATIONS:

 

Former Style

New Style

Changement Date

Evode Italia S.p.A.

Laporte Organics Francis S.p.A.

26/10/1995

 

EX-MEMBERS / EX-POSITIONS:

 

Dipharma S.p.a.

 

 

- Fiscal Code : 00158520304

 

 

Residence :

Via

Xxiv Maggio

, 40

- 33036

Mereto di Tomba

(UD)

- IT -

 

Ex-Postions

Sole partner

 

Kpmg S.p.a.

 

 

- Fiscal Code : 00709600159

 

 

Residence :

Via

Vittor Pisani

, 25

- 20124

Milano

(MI)

- IT -

 

Ex-Postions

 

 

Zucca

Emanuele

 

 

Born in Milano

on 10/01/1938

- Fiscal Code : ZCCMNL38A10F205K

 

Ex-Postions

Managing Director

 

Zaffagnini

Deoscaride

 

 

Born in Argenta

on 06/07/1938

- Fiscal Code : ZFFDCR38L06A393T

 

 

Residence :

Via

Bissone

, 5

- 20021

Baranzate

(MI)

- IT -

 

Ex-Postions

Director

Attorney with special power

Procurator

 

Targa

Giorgio

 

 

Born in Melegnano

on 07/03/1940

- Fiscal Code : TRGGRG40C07F100Z

 

 

Residence :

Via

Delle Camelie

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Permanent Auditor

 

Germiniani

Ferruccio

 

 

Born in Milano

on 14/01/1947

- Fiscal Code : GRMFRC47A14F205L

 

 

Residence :

Via

Ponchielli Amilcare

, 7

- 20129

Milano

(MI)

- IT -

 

Ex-Postions

Temporary Auditor

 

Beasley

Christopher Ernest

 

 

Born in HARTLEPOOL

on 09/05/1952

- Fiscal Code : BSLCST52E09Z114F

 

 

Residence :

Corso

Matteotti

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Seidl

Johannes Evangelist

 

 

Born in MUNCHEN

on 05/04/1940

- Fiscal Code : SDLJNN40D05Z112R

 

 

Residence :

Corso

Matteotti

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Board Chairman

 

Robertson

Andrew John Stuart

 

 

Born in LONDRA

on 02/10/1951

- Fiscal Code : RBRNRW51R02Z114S

 

 

Residence :

Corso

Matteotti

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Canavesi

Lavinio Vincenzo

 

 

Born in Legnano

on 05/09/1935

- Fiscal Code : CNVLNV35P05E514F

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Nicholson

Michael Eric

 

 

Born in Gillinghan

on 26/12/1951

- Fiscal Code : NCHMHL51T26Z114D

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Law

John Derek

 

 

Born in Farnworth

on 09/05/1957

- Fiscal Code : LWAJND57E09Z114O

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Rodger

Peter Robert Charles

 

 

Born in Cardiff

on 07/06/1951

- Fiscal Code : RDGPRR51H07Z114T

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Cudmore

James

 

 

Born in EARLS COLNE

on 29/05/1937

- Fiscal Code : CDMJMS37E29Z114W

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Abaldi

Alberto

 

 

Born in Milano

on 06/02/1943

- Fiscal Code : BLDLRT43B06F205C

 

 

Residence :

Via

Delle Forze Armate

, 260

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

Director

 

Gattari

Vincenzo

 

 

Born in Potenza Picena

on 24/08/1935

- Fiscal Code : GTTVCN35M24F632A

 

 

Residence :

Via

Marelli

, 19

- 20099

Sesto San Giovanni

(MI)

- IT -

 

Ex-Postions

Procurator

Director

 

Radice

Gaetano Mario

 

 

Born in LENTATE SUL SEVESO

on 25/02/1958

- Fiscal Code : RDCGNM58B25E530H

 

 

Residence :

Via

Mazzini

, 50

- 21040

Cislago

(VA)

- IT -

 

Ex-Postions

Procurator

 

Tamburini

Walter

 

 

Born in Forli'

on 05/04/1947

- Fiscal Code : TMBWTR47D05D704O

 

 

Residence :

Via

Alliata

, 14

- 21047

Saronno

(VA)

- IT -

 

Ex-Postions

Procurator

 

Banfi

Anna Maria

 

 

Born in Saronno

on 09/09/1949

- Fiscal Code : BNFNMR49P49I441L

 

 

Residence :

Via

Prampolini

, 12

- 21047

Saronno

(VA)

- IT -

 

Ex-Postions

Procurator

 

Fondi

Franco

 

 

Born in Milano

on 15/05/1952

- Fiscal Code : FNDFNC52E15F205R

 

 

Residence :

Via

Mascheroni Lorenzo

, 5

- 20123

Milano

(MI)

- IT -

 

Ex-Postions

Permanent Auditor

 

Biazzi

Guido

 

 

Born in Torino

on 04/06/1937

- Fiscal Code : BZZGDU37H04L219D

 

 

Residence :

Via

Bissone

, 5

- 20121

Bollate

(MI)

- IT -

 

Ex-Postions

Director

 

Grea

Sergio

 

 

Born in Genova

on 24/10/1935

- Fiscal Code : GRESRG35R24D969Z

 

 

Residence :

Via

Bergognone

, 31

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

De Rossi

Agostino

 

 

Born in Roma

on 26/01/1947

- Fiscal Code : DRSGTN47A26H501T

 

 

Residence :

Via

G. Matteotti

, 45

- 20020

Arese

(MI)

- IT -

 

Ex-Postions

Sole Director

 

Lo Maglio

Pierangelo

 

 

Born in Gela

on 19/07/1946

- Fiscal Code : LMGPNG46L19D960O

 

 

Residence :

Via

M. D'azeglio

, 2

- 20052

Monza

(MI)

- IT -

 

Ex-Postions

Permanent Auditor

 

Ceron

Giuliano

 

 

Born in Varese

on 17/11/1962

- Fiscal Code : CRNGLN62S17L682V

 

 

Residence :

Via

Fiume

, 23

- 21049

Tradate

(VA)

- IT -

 

Ex-Postions

Procurator

 

Sodi

Costanzo

 

 

Born in SAN QUIRICO D'ORCIA

on 22/09/1925

- Fiscal Code : SDOCTN25P22I135V

 

 

Residence :

Corso

MAGENTA

, 52

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Temporary Auditor

 

Masini

Pietro

 

 

Born in TORTONA

on 20/11/1921

- Fiscal Code : MSNPTR21S20L304U

 

 

Residence :

Via

Alberti Leon Battista

, 5

- 20149

Milano

(MI)

- IT -

 

Ex-Postions

Chairman of the Board of Aud.

 

Gallazzi

Fausto

 

 

Born in Busto Arsizio

on 05/11/1960

- Fiscal Code : GLLFST60S05B300L

 

 

Residence :

Via

Caprera

, 24

- 21052

Busto Arsizio

(VA)

- IT -

 

Ex-Postions

Temporary Auditor

 

Oligeri

Paolo

 

 

Born in La Spezia

on 05/10/1951

- Fiscal Code : LGRPLA51R05E463U

 

 

Residence :

Piazza

Garibaldi

, 8

- 19016

Monterosso Al Mare

(SP)

- IT -

 

Ex-Postions

Managing Director

Director

Board Chairman

 

Franzolini

Grazia

 

 

Born in Udine

on 25/08/1955

- Fiscal Code : FRNGRZ55M65L483X

 

 

Residence :

Via

Della Vigna

, 27

- 33100

Udine

(UD)

- IT -

 

Ex-Postions

Procurator

 

Rangone

Francesco

 

 

Born in Frascaro

on 17/01/1931

- Fiscal Code : RNGFNC31A17D770O

 

 

Residence :

Via

Luigi Boccherini

, 39

- 55016

Porcari

(LU)

- IT -

 

Ex-Postions

Temporary Auditor

 

Onorato

Salvatore

 

 

Born in Santa Maria Di Licodia

on 01/12/1950

- Fiscal Code : NRTSVT50T01I240N

 

 

Residence :

Via

Marconi

, 14

- 20020

Cesate

(MI)

- IT -

 

Ex-Postions

Procurator

 

Iamartino

Piero

 

 

Born in Monza

on 24/12/1952

- Fiscal Code : MRTPRI52T24F704V

 

 

Residence :

Via

Marsala

, 27

- 20052

Monza

(MB)

- IT -

 

Ex-Postions

Director

Managing Director

 

Jackson

Arthur

 

 

Born in Sunderland

on 18/03/1942

- Fiscal Code : JCKRHR42C18Z114R

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Fearn

Peter

 

 

Born in Omagh

on 15/03/1953

- Fiscal Code : FRNPTR53C15Z116Q

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

Board Chairman

 

Muhs

Wolfgang

 

 

Born in Ried

on 30/07/1946

- Fiscal Code : MHSWFG46L30Z102B

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Director

 

Harris

Robert Gifford

 

 

Born in Derby

on 29/08/1947

- Fiscal Code : HRRRRT47M29Z114W

 

 

Residence :

Corso

Matteotti Giacomo

, 8

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Salvadori

Paolo

 

 

Born in TRIESTE

on 01/01/1947

- Fiscal Code : SLVPLA47A01L424W

 

 

Residence :

Via

Imperatore Costantino

, 2

- 20017

Bollate

(MI)

- IT -

 

Ex-Postions

Director

Procurator

 

Favaron

Lodia

 

 

Born in Cavarzere

on 20/07/1948

- Fiscal Code : FVRLDO48L60C383W

 

 

Residence :

Via

Leonardo Da Vinci

, 21/B

- 20092

Cinisello Balsamo

(MI)

- IT -

 

Ex-Postions

Procurator

 

Brown

John Allan

 

 

Born in Taumarunui

on 27/12/1962

- Fiscal Code : BRWJNL62T27Z719L

 

Ex-Postions

Procurator

 

Kayser

Michael Arthur

 

 

Born in Londra

on 21/06/1955

- Fiscal Code : KYSMHL55H21Z114U

 

Ex-Postions

Procurator

 

Losi

Andrea

 

 

Born in Milano

on 17/08/1930

- Fiscal Code : LSONDR30M17F205G

 

 

Residence :

Viale

Fulvio Testi

, 192

- 20092

Cinisello Balsamo

(MI)

- IT -

 

Ex-Postions

Director

 

Brandani

Silvia

 

 

Born in Milano

on 29/03/1976

- Fiscal Code : BRNSLV76C69F205C

 

 

Residence :

Via

Prampolini

, 12

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Attorney with special power

 

Tarnoczy

Sergio

 

 

Born in MILANO

on 30/12/1962

- Fiscal Code : TRNSRG62T30F205L

 

 

Residence :

Via

Canonica

, 22

- 20081

Abbiategrasso

(MI)

- IT -

 

Ex-Postions

Attorney with special power

 

Furin

Sabrina

 

 

Born in Padova

on 06/07/1970

- Fiscal Code : FRNSRN70L46G224V

 

 

Residence :

Via

Bissone

, 5

- 20021

Bollate

(MI)

- IT -

 

Ex-Postions

Procurator

 

Docente

Giovanni

 

 

Born in Bahia Blanca

on 03/11/1953

- Fiscal Code : DCNGNN53S03Z600O

 

 

Residence :

Via

Bissone

, 5

- 20021

Bollate

(MI)

- IT -

 

Ex-Postions

Procurator

 

Trentin

Antonella

 

 

Born in MAGENTA

on 30/11/1968

- Fiscal Code : TRNNNL68S70E801F

 

 

Residence :

Via

Bissone

, 5

- 20021

Bollate

(MI)

- IT -

 

Ex-Postions

Procurator

 

Lusardi

Silvia

 

 

Born in MILANO

on 07/04/1968

- Fiscal Code : LSRSLV68D47F205R

 

 

Residence :

Via

Bissone

, 5

- 20021

Bollate

(MI)

- IT -

 

Ex-Postions

Procurator

 

Proietti

Barbara

 

 

Born in Bari

on 05/12/1971

- Fiscal Code : PRTBBR71T45A662X

 

 

Residence :

Via

Xxv Aprile

, 14

- 20091

Bresso

(MI)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

 

Conte

Daniela

 

 

Born in Milano

on 16/06/1968

- Fiscal Code : CNTDNL68H56F205T

 

 

Residence :

Via

Puricelli Gian Pietro

, 11

- 20147

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Brown

John

 

 

Born in Taumaranui

on 27/12/1962

- Fiscal Code : BRWJHN62T27Z719K

 

 

Residence :

Observatory Road

, 37

Londra

- GB -

 

Ex-Postions

Attorney with special power

 

Piatesi

Paolo

 

 

Born in Bologna

on 11/09/1937

- Fiscal Code : PTSPLA37P11A944B

 

 

Residence :

Via

Bissone

, 5

- 20121

Bollate

(MI)

- IT -

 

Ex-Postions

Director

Attorney with special power

 

Fontana

Maria Luisa

 

 

Born in Milano

on 30/09/1952

- Fiscal Code : FNTMLS52P70F205T

 

 

Residence :

Piazzale

De Agostini Giovanni

, 8

- 20146

Milano

(MI)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

 

COSTANZI

LINA

 

 

Born in BRESSO

on 12/06/1953

- Fiscal Code : CSTLNI53H52B162B

 

 

Residence :

Via

VITTORIO VENETO

, 22

- 20091

Bresso

(MI)

- IT -

 

Ex-Postions

Procurator

 

PASSERINI

STEFANO

 

 

Born in GALLARATE

on 03/01/1964

- Fiscal Code : PSSSFN64A03D869X

 

 

Residence :

Via

BISSONE

, 5

- 20021

Bollate

(MI)

- IT -

 

Ex-Postions

Procurator

 

DI PIERRO

MARCO

 

 

Born in BOLLATE

on 23/05/1972

- Fiscal Code : DPRMRC72E23A940L

 

 

Residence :

Via

S. ALESSANDRO

, 261/C

- 21042

Caronno Pertusella

(VA)

- IT -

 

Ex-Postions

Procurator

 

KOLAXIDIS

ELENA

 

 

Born in MILANO

on 10/10/1971

- Fiscal Code : KLXLNE71R50F205Y

 

 

Residence :

Via

CESARE BATTISTI

, 4

- 20057

Vedano Al Lambro

(MB)

- IT -

 

Ex-Postions

Procurator

 

Nardone

Antonio Alfiero

 

 

Born in San Vito Chietino

on 03/06/1962

- Fiscal Code : NRDNNL62H03I394G

 

 

Residence :

Via

Pusiano

, 30

- 20050

Camparada

(MB)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

 

CASTALDI

GRAZIANO

 

 

Born in NOVARA

on 24/09/1954

- Fiscal Code : CSTGZN54P24F952Q

 

 

Residence :

Via

BISSONE

, 5

- 20021

Bollate

(MI)

- IT -

 

Ex-Postions

Board Chairman

 

Allegrini

Pietro

 

 

Born in Foligno

on 13/08/1963

- Fiscal Code : LLGPTR63M13D653U

 

 

Residence :

Via

Gorizia

, 1

- 20097

San Donato Milanese

(MI)

- IT -

 

Ex-Postions

Director

Procurator

 

Moretuzzo

Danilo

 

 

Born in Mereto di Tomba

on 27/05/1957

- Fiscal Code : MRTDNL57E27F144T

 

 

Residence :

Via

Di Bertoli

, 16

- 33036

Mereto di Tomba

(UD)

- IT -

 

Ex-Postions

Procurator

 

Ballabio

Massimo

 

 

Born in Milano

on 30/04/1955

- Fiscal Code : BLLMSM55D30F205Z

 

 

Residence :

Via

Monte Bianco

, 15

- 21042

Caronno Pertusella

(VA)

- IT -

 

Ex-Postions

Procurator

 

De Caro

Michele

 

 

Born in Trieste

on 28/07/1963

- Fiscal Code : DCRMHL63L28L424B

 

 

Residence :

Via

Fornelli Di Sotto

, 33

- 33050

Torviscosa

(UD)

- IT -

 

Ex-Postions

Procurator

 

Gentili

Damiana

 

 

Born in Montegiorgio

on 06/07/1971

- Fiscal Code : GNTDMN71L46F520I

 

 

Residence :

Via

Roma

, 79

- 20024

Garbagnate Milanese

(MI)

- IT -

 

Ex-Postions

Procurator

 

CATTANEO

ROMANO

 

 

Born in VARESE

on 12/03/1959

- Fiscal Code : CTTRMN59C12L682C

 

 

Residence :

Via

MILANO

, 16

- 21100

Varese

(VA)

- IT -

 

Ex-Postions

Procurator

 

Anghileri

Marco

 

 

Born in Oggiono

on 25/05/1968

- Fiscal Code : NGHMRC68E25G009K

 

 

Residence :

Via

Luigi Einaudi

, 8

- 20045

Besana in Brianza

(MB)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

 

Farina

Carlo Luigi

 

 

Born in Carate Brianza

on 05/03/1973

- Fiscal Code : FRNCLL73C05B729Q

 

 

Residence :

Via

Delle Ginestre

, 4

- 20040

Briosco

(MB)

- IT -

 

Ex-Postions

Procurator

 

Cecchini

Andrea

 

 

Born in Mereto di Tomba

on 01/11/1963

- Fiscal Code : CCCNDR63S01F144T

 

 

Residence :

Via

Conciliazione

- 33036

Mereto di Tomba

(UD)

- IT -

 

Ex-Postions

Procurator

 

Bulfon

Gianni

 

 

Born in Svizzera

on 04/07/1964

- Fiscal Code : BLFGNN64L04Z133A

 

 

Residence :

Via

Braida Anzil

, 18

- 33050

Rivignano

(UD)

- IT -

 

Ex-Postions

Procurator

 

SISTI

ANNA MARIA

 

 

Born in MILANO

on 05/05/1975

- Fiscal Code : SSTNMR75E45F205H

 

 

Residence :

Via

CARDINAL FERRARI

, 9

- 20010

Bareggio

(MI)

- IT -

 

Ex-Postions

Procurator

 

Deison

Andrea

 

 

Born in San Vito Al Tagliamento

on 24/11/1965

- Fiscal Code : DSNNDR65S24I403T

 

 

Residence :

Via

Sbraiavacca

, 24

- 33078

San Vito Al Tagliamento

(PN)

- IT -

 

Ex-Postions

Procurator

 

Tagliabue

Carlo

 

 

Born in Cesano Maderno

on 16/02/1957

- Fiscal Code : TGLCRL57B16C566N

 

 

Residence :

Via

San Carlo

, 74

- 20031

Cesano Maderno

(MB)

- IT -

 

Ex-Postions

Procurator

 

Portella

Salvatore

 

 

Born in MILANO

on 15/10/1954

- Fiscal Code : PRTSVT54R15F205N

 

 

Residence :

Via

Sicilia

, 24

- 20024

Garbagnate Milanese

(MI)

- IT -

 

Ex-Postions

Procurator

 

De Angeli

Giampaolo

 

 

Born in Rho

on 06/04/1959

- Fiscal Code : DNGGPL59D06H264W

 

 

Residence :

Via

Cadore

, 7

- 20017

Rho

(MI)

- IT -

 

Ex-Postions

Procurator

 

PELANDA

CARLUCCIO

 

 

Born in CASSANO D'ADDA

on 29/12/1957

- Fiscal Code : PLNCLC57T29C003F

 

 

Residence :

Via

DELLA PORTA GIACOMO

, 1

- 20100

Milano

(MI)

- IT -

 

Ex-Postions

Procurator

 

Pini

Lucilla

 

 

Born in Caronno Pertusella

on 02/04/1957

- Fiscal Code : PNILLL57D42B805A

 

 

Residence :

Via

Donati

, 15

- 21047

Saronno

(VA)

- IT -

 

Ex-Postions

Procurator

 

MANGIAMELI

MAURIZIO

 

 

Born in LENTINI

on 07/08/1959

- Fiscal Code : MNGMRZ59M07E532R

 

 

Residence :

Via

DEL SOLE

, 3

- 21050

Porto Ceresio

(VA)

- IT -

 

Ex-Postions

Procurator

 

CEASINGS/INCORPORATIONS/MERGES:

 

The firm took over the activity of

 

 

 

Dipharma S.p.a.

 

 

Via

Xxiv Maggio

, 40

, 33036

, Mereto di Tomba

(UD)

- IT -

 

 

Fiscal Code: 00158520304

 

 

Date

:

19/07/2005

 

Project of merging by taking over of

 

 

 

Dipharma S.p.a.

 

 

Via

Xxiv Maggio

, 40

, 33036

, Mereto di Tomba

(UD)

- IT -

 

 

Fiscal Code: 00158520304

 

 

Date

Merging/splitting-up project :

25/07/2006

 

The firm absorbed by merging of

 

 

 

Dipharma S.p.a.

 

 

Via

Xxiv Maggio

, 40

, 33036

, Mereto di Tomba

(UD)

- IT -

 

 

Fiscal Code: 00158520304

 

 

Date

:

15/12/2006

 

 

Project of merging by taking over of

 

 

 

DIBILUX ITALIA S.R.L.

 

 

, Baranzate

- IT -

 

 

Fiscal Code: 06377590960

 

 

Date

Merging/splitting-up project :

03/12/2008

 

The firm absorbed by merging of

 

 

 

DIBILUX ITALIA S.R.L.

 

 

, Baranzate

- IT -

 

 

Fiscal Code: 06377590960

 

 

Date

:

31/03/2009

 

Protests

 

Protests checking on the subject firm has given a negative result.

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

Bankers

 

The firm operates with:

 

Bank Name

Agency Name

Address

ZIP Code

City

ABI Code

CAB Code

INTESA SAN PAOLO PRIVATE BANKING SPA

 

 

 

 

3239

0

 

 

Financial and Economical Analysis

 

Company's starting of activities dates back to 1990.

The economic-financial analysis is based on the latest 3 b/s.

During the last years, it recorded positive net results (r.o.e. 24,07% in 2010) with a stable trend in the turnover.

The operating result in 2010 was positive (12,57%) falling within the field's average.

The operating result is positive and amounts to Eur. 12.024.496 with no increase in relation to the financial year 2009.

During the latest financial year the gross operating margin amounted to Eur. 18.826.404 with a 37,78% growth.

The company has an excellent net worth if compared to its debts, with a low indebtedness (0,16) improved in comparison with the year before (0,42.).

The equity capital is equal to Eur. 57.203.492 , rising by 29,89%.

During the last financial year debts totalled Eur. 26.636.266 (Eur. 1.415.028 of which were m/l term debts) showing a stable trend as opposed to 2009 (Eur. 32.790.618).

The company does not exceed in bank borrowings; the recourse to suppliers' credit is also limited lined up with the sector.

The management determines a good range of liquidity.

Trade credits average terms are 52,01 days. , a better value than the sector's average.

Eur. 17.368.435 is the value of cash flow during the year 2010

Labour cost expenses amount to Eur. 22.696.878 , representing 25,29% on the total of production costs. , whereas the incidence on sales revenues is of 22,74%.

The financial charges do not negatively affect the management, as they are covered by the incomes.



Financial Data

 

 

 

Complete balance-sheet for the year

31/12/2010

(in Eur

x 1 )

 

Item Type

Value

Sales

99.789.734

Profit (Loss) for the period

13.766.527

 

 

 

Complete balance-sheet for the year

31/12/2009

(in Eur

x 1 )

 

Item Type

Value

Sales

95.841.490

Profit (Loss) for the period

6.881.790

 

 

 

Complete balance-sheet for the year

31/12/2008

(in Eur

x 1 )

 

Item Type

Value

Sales

88.874.786

Profit (Loss) for the period

777.903

 

 

 

Complete balance-sheet for the year

31/12/2007

(in Eur

x 1 )

 

Item Type

Value

Sales

93.256.363

Profit (Loss) for the period

2.285.215

 

 

 

Complete balance-sheet for the year

31/12/2006

(in Eur

x 1 )

 

Item Type

Value

Sales

116.799.792

Profit (Loss) for the period

6.693.291


Balance Sheets

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: Eur - Amounts x 1

 

- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x 1

 

- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x 1

 

Years

2010

2009

2008

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

 

 

 

. . Industrial patent rights

 

54.583

162.629

. . Concessions,licenses,trademarks,etc.

127.940

153.995

160.920

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

14.100

1.327

 

. . Other intangible fixed assets

14.250

28.500

48.414

. Total Intangible Fixed Assets

156.290

238.405

371.963

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

10.128.888

10.332.075

9.206.834

. . Plant and machinery

24.703.361

26.096.456

25.977.447

. . Industrial and commercial equipment

1.618.581

1.669.113

1.510.156

. . Other assets

604.294

615.831

599.057

. . Assets under construction and advances

4.176.913

2.970.448

3.542.659

. Total Tangible fixed assets

41.232.037

41.683.923

40.836.153

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

2.788.367

2.788.367

2.499.151

. . . Equity invest. in subsidiary companies

2.788.367

2.788.367

2.499.151

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

 

 

 

. . Financial receivables

 

47

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

47

 

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

 

47

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

47

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

2.788.367

2.788.414

2.499.151

Total fixed assets

44.176.694

44.710.742

43.707.267

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

3.629.458

3.519.759

3.736.865

. . Work in progress and semimanufactured

5.891.483

6.461.893

7.119.488

. . Work in progress on order

 

 

 

. . Finished goods

5.848.585

3.931.979

9.104.861

. . Advance payments

 

 

 

. Total Inventories

15.369.526

13.913.631

19.961.214

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

19.922.400

16.708.169

18.194.318

. . Beyond 12 months

 

 

 

. . Trade receivables

14.416.345

11.093.466

9.491.117

. . . . Within 12 months

14.416.345

11.093.466

9.491.117

. . . . Beyond 12 months

 

 

 

. . Receivables due from subsid. comp.

24.016

130.551

674.153

. . . . Within 12 months

24.016

130.551

674.153

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

2.893.222

3.699.719

5.745.407

. . . . Within 12 months

2.893.222

3.699.719

5.745.407

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

1.155.920

278.524

179.113

. . . . Within 12 months

1.155.920

278.524

179.113

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

1.432.897

1.505.909

2.104.528

. . . . Within 12 months

1.432.897

1.505.909

2.104.528

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

19.922.400

16.708.169

18.194.318

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

 

. Total Financial Assets

 

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

16.028.851

10.049.501

7.846.245

. . Checks

 

 

 

. . Banknotes and coins

8.578

7.322

7.003

. Total Liquid funds

16.037.429

10.056.823

7.853.248

Total current assets

51.329.355

40.678.623

46.008.780

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

172.911

549.076

677.473

Total adjustments accounts

172.911

549.076

677.473

TOTAL ASSETS

95.678.960

85.938.441

90.393.520

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

10.827.991

10.827.991

8.400.000

. Additional paid-in capital

 

 

 

. Revaluation reserves

1.365.822

1.365.822

1.365.822

. Legal reserve

1.267.054

922.830

883.927

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

20.887.088

20.772.521

23.200.513

. Accumulated Profits (Losses)

9.089.010

3.266.010

3.127.010

. Profit( loss) of the year

13.766.527

6.881.790

777.903

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

57.203.492

44.036.964

37.755.175

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

 

 

 

. . Other funds

8.096.490

5.062.936

5.274.055

Total Reserves for Risks and Charges

8.096.490

5.062.936

5.274.055

Employee termination indemnities

3.445.299

3.513.653

3.987.713

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

25.221.238

28.459.909

35.256.838

. . . . Beyond 12 months

1.415.028

4.330.709

7.179.708

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

3.497

4.209.697

11.094.067

. . . . Within 12 months

3.497

4.209.697

11.094.067

. . . . Beyond 12 months

 

 

 

. . Due to other providers of finance

4.330.709

7.179.709

9.965.807

. . . . Within 12 months

2.915.681

2.849.000

2.786.099

. . . . Beyond 12 months

1.415.028

4.330.709

7.179.708

. . Advances from customers

 

39.939

309.037

. . . . Within 12 months

 

39.939

309.037

. . . . Beyond 12 months

 

 

 

. . Trade payables

14.884.903

14.847.625

13.817.812

. . . . Within 12 months

14.884.903

14.847.625

13.817.812

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

 

1.143.423

. . . . Within 12 months

 

 

1.143.423

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

2.614.198

2.472.409

870.502

. . . . Within 12 months

2.614.198

2.472.409

870.502

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

1.947.565

1.338.920

1.312.442

. . . . Within 12 months

1.947.565

1.338.920

1.312.442

. . . . Beyond 12 months

 

 

 

. . Other payables

2.855.394

2.702.319

3.923.456

. . . . Within 12 months

2.855.394

2.702.319

3.923.456

. . . . Beyond 12 months

 

 

 

Total accounts payable

26.636.266

32.790.618

42.436.546

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

297.413

534.270

940.031

Total adjustment accounts

297.413

534.270

940.031

TOTAL LIABILITIES

95.678.960

85.938.441

90.393.520

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

99.789.734

95.841.490

88.874.786

. Changes in work in progress

1.346.196

-5.830.476

-1.377.805

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

 

 

 

. Other income and revenues

649.491

514.490

750.429

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

649.491

514.490

750.429

Total value of production

101.785.421

90.525.504

88.247.410

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

38.279.265

35.286.860

36.297.044

. Services received

20.991.187

19.274.635

19.625.781

. Leases and rentals

332.511

270.106

290.819

. Payroll and related costs

22.696.878

20.299.367

18.909.067

. . Wages and salaries

16.221.031

14.778.757

13.690.493

. . Social security contributions

5.118.343

4.393.109

4.083.978

. . Employee termination indemnities

1.267.703

1.036.429

1.064.438

. . Pension and similar

 

 

 

. . Other costs

89.801

91.072

70.158

. Amortization and depreciation

3.601.908

3.604.424

7.932.639

. . Amortization of intangible fixed assets

125.778

207.609

4.752.008

. . Amortization of tangible fixed assets

3.401.545

3.268.676

3.130.333

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

74.585

128.139

50.298

. Changes in raw materials

-109.699

217.106

1.349.798

. Provisions to risk reserves

 

 

 

. Other provisions

3.200.000

320.000

 

. Other operating costs

768.875

1.197.367

1.007.947

Total production costs

89.760.925

80.469.865

85.413.095

Diff. between value and cost of product.

12.024.496

10.055.639

2.834.315

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

7.500.000

2.500.000

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

46.780

674.246

204.084

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

46.780

674.246

204.084

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-1.547.656

-3.474.151

-1.293.861

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

 

Total financial income and expense

5.999.124

-299.905

-1.089.777

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

 

-166.597

 

. . Of equity investments

 

-166.597

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

 

-166.597

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

181.683

359.287

11.445

. . Gains on disposals

 

 

 

. . Other extraordinary income

181.683

359.287

11.445

. Extraordinary expense

-103.474

-118.577

-26.705

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

-103.474

-118.577

-26.705

Total extraordinary income and expense

78.209

240.710

-15.260

Results before income taxes

18.101.829

9.829.847

1.729.278

. Taxes on current income

4.335.302

2.948.057

951.375

. . current taxes

5.212.698

3.047.468

 

. . differed taxes(anticip.)

-877.396

-99.411

 

. Net income for the period

13.766.527

6.881.790

777.903

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

13.766.527

6.881.790

777.903

 

RATIOS

Value Type

as at 31/12/2010

as at 31/12/2009

as at 31/12/2008

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,46

0,52

0,48

0,24

Elasticity Ratio

Units

0,54

0,47

0,51

0,75

Availability of stock

Units

0,16

0,16

0,22

0,17

Total Liquidity Ratio

Units

0,38

0,31

0,29

0,53

Quick Ratio

Units

0,17

0,12

0,09

0,01

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

0,16

0,42

0,73

1,43

Self Financing Ratio

Units

0,60

0,51

0,42

0,30

Capital protection Ratio

Units

0,57

0,60

0,76

0,68

Liabilities consolidation quotient

Units

0,19

0,28

0,32

0,23

Financing

Units

0,47

0,74

1,12

2,15

Permanent Indebtedness Ratio

Units

0,65

0,60

0,54

0,47

M/L term Debts Ratio

Units

0,05

0,09

0,12

0,12

Net Financial Indebtedness Ratio

Units

0,00

0,03

0,35

0,91

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

1,40

1,16

1,12

1,67

Current ratio

Units

2,04

1,43

1,30

1,35

Acid Test Ratio-Liquidity Ratio

Units

1,43

0,94

0,74

1,06

Structure's primary quotient

Units

1,29

0,98

0,86

1,02

Treasury's primary quotient

Units

0,64

0,35

0,22

0,03

Rate of indebtedness ( Leverage )

%

167,26

195,15

239,42

325,45

Current Capital ( net )

Value

26.108.117

12.218.714

10.751.942

1.979.423

RETURN

 

 

 

 

 

Return on Sales

%

17,41

10,94

9,80

3,88

Return on Equity - Net- ( R.O.E. )

%

24,07

15,63

2,06

4,41

Return on Equity - Gross - ( R.O.E. )

%

31,64

22,32

4,58

7,90

Return on Investment ( R.O.I. )

%

12,57

11,70

3,14

3,65

Return/ Sales

%

12,05

10,49

3,19

3,68

Extra Management revenues/charges incid.

%

114,49

68,44

27,45

41,86

Cash Flow

Value

17.368.435

10.486.214

8.710.542

404.155

Operating Profit

Value

12.024.496

10.055.639

2.834.315

405.639

Gross Operating Margin

Value

18.826.404

13.663.263

10.766.954

701.807

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

52,01

41,67

38,45

109,96

Debts to suppliers average term

Days

89,90

97,48

95,81

93,14

Average stock waiting period

Days

55,45

52,26

80,86

49,38

Rate of capital employed return ( Turnover )

Units

1,04

1,12

0,98

1,13

Rate of stock return

Units

6,49

6,89

4,45

7,29

Labour cost incidence

%

22,74

21,18

21,28

12,13

Net financial revenues/ charges incidence

%

6,01

- 0,31

- 1,23

- 1,16

Labour cost on purchasing expenses

%

25,29

25,23

22,14

11,75

Short-term financing charges

%

5,81

10,59

3,05

3,01

Capital on hand

%

95,88

89,67

101,71

88,05

Sales pro employee

Value

243.389

256.947

241.507

407.419

Labour cost pro employee

Value

55.358

54.421

51.383

48.289

 

 

Credit Opinion

 

On the basis of the above mentioned, and the sales volume obtained, we deem that the maximum exposure for short and medium term transactions ( 90 - 120 days ) could be of:

 

100.000 Eur.

 

 

Market / Territory Data

 

Population living in the province

:

3.839.216

Population living in the region

:

9.393.092

Number of families in the region

:

3.858.736

 

Monthly family expenses average in the region (in Eur.) :

 

- per food products

:

460

- per non food products

:

2.090

- per energy consume

:

114

 

Sector Data

 

The values are calculated on a base of 328 significant companies.

 

The companies cash their credits on an average of 109 dd.

The average duration of suppliers debts is about 93 dd.

The sector's profitability is on an average of 3,88%.

The labour cost affects the turnover in the measure of 12,13%.

Goods are held in stock in a range of 49 dd.

The difference between the sales volume and the resources used to realize it is about 1,13.

The employees costs represent the 11,75% of the production costs.

 

Statistical Detrimental Data

 

The area is statistically considered lowly risky.

In the region 50.886 protested subjects are found; in the province they count to 24.765.

The insolvency index for the region is 0,55, , while for the province it is 0,66.

Total Bankrupt companies in the province : 22.523.

Total Bankrupt companies in the region : 39.612.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.51.75

UK Pound

1

Rs.80.01

Euro

1

Rs.65.99

 

 

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.