MIRA INFORM REPORT

Report Date :

14.01.2012

IDENTIFICATION DETAILS

Name :	COMMODITIES AND PRODUCTS INDUSTRIES

Registered Office :	Cap Industries, 12 Bd Du Roi, 78000 Versailles

Country :	France

Financials (as on) :	30.09.2010

Date of Incorporation :	August 1989

Com. Reg. No.:	RCS Versailles 9 351 805 171

Legal Form :	Public limited company with board of directors

Line of Business :	Wholesale business various specialized food

No. of Employees :	19

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	1,550,000 €

Status :	Good

Payment Behaviour :	No Complaints

Litigation :	Clear

NOTES :

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

ECGC Country Risk Classification List – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

France

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

REGISTERED NAME & COMPANY SUMMARY

Name

COMMODITIES AND PRODUCTS INDUSTRIES

SIRET

351 805 171 00052

Company Summary

Acronym	CAP INDUSTRIES
Activity (APE)	Commerce de gros (commerce interentreprises) alimentaire spécialisé divers (4638B) (Wholesale (business to business) various specialized food(4638B))	Legal form	Public limited company with board of directors
Phone	01 39 53 01 62	RCS Registration	RCS Versailles 9 351 805 171
Fax		Share capital	2,000,007 Euros
Address	COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES 12 BD DU ROI 78000 VERSAILLES	Incorporated Date	08/1989
Nationality	France	Status	Economically active

Company details

Activity (APE)

Commerce de gros (commerce interentreprises) alimentaire spécialisé divers (4638B)

RCS Registration

RCS Versailles 9 351 805 171

Share capital

2,000,007 Euros

Registration Court

Versailles (78)

Legal form

Public limited company with board of directors

Court Registry Number

19 9 5B022

EU VAT Number

FR41351805171

Incorporation Date

08/1989

Formation Date

05/1989

Deregistration Date

Last account Date

30/09/2010

Nationality

France

Establishment details

Acronym

CAP INDUSTRIES

Activity (APE)

Commerce de gros (commerce interentreprises) alimentaire spécialisé divers (4638B)

Business Pages FT®

Postal Address

COMMODITIES AND PRODUCTS INDUSTRIES
CAP INDUSTRIES
12 BD DU ROI
78000 VERSAILLES

Trading Address

12 BOULEVARD DU ROI
78000 VERSAILLES

Telephone

01 39 53 01 62

Fax

CREDIT RECOMENDATION

Current Credit Limit: 1,550,000 €

DIRECTORS/MANAGEMENT

Current Directors

Directors

Name	M. GIROUD BRUNO MARIE MICHEL
Manager position	Président du conseil d'administration, Directeur général	Date of birth	03/05/1964
Place of birth	69 LYON
Type of manager	Individual	Name at birth of manager

Name	MIREMADI REZA
Manager position	Directeur général, Administrateur	Date of birth	04/01/1966
Place of birth	81 CARMAUX
Type of manager	Individual	Name at birth of manager

Name	M. KETABI HOSSEIN DENIS
Manager position	Administrateur, Directeur général	Date of birth	11/03/1968
Place of birth	92 BOULOGNE BILLANCOURT
Type of manager	Individual	Name at birth of manager

Previous Directors

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

Manager position	Title and name	Date of Birth/Place of Birth
Président du conseil d'administration	M BRUNO GIROUD
Directeur général	M BRUNO GIROUD
Directeur général	M DENIS KETABI HOSSEIN
Directeur général	M HOSSEIN KETABI
Directeur général	M REZA MIREMADI
Administrateur	M HOSSEIN KETABI
Administrateur	M REZA MIREMADI

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Summary of preferential rights

Company monitored since	30/03/2009
Status of Monitoring	No social security and tax office preferential right to date

SHARE & SHARE CAPITAL INFORMATION

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

Group data

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

Linkages

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

FINANCIAL INFORMATION

Trading to Date

09/30/2010

09/30/2009

09/30/2008

Turnover

98,498,643 €

86,928,540 €

83,989,269 €

Gross Operating Surplus

1,01 % Turnover

1,77 % Turnover

2,35 % Turnover

Net worth

7,507,288 €

7,694,267 €

7,273,688 €

Employees

10 to 19 employees

accounts

Active Account | Passive Account | Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	30/09/2010	30/09/2009	30/09/2008
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	27/06/2011	16/04/2010	-
Activity Code	4638B	4638B	4638B
Employees	0	15	16

Active account

Annual Accounts	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	5 343 018	1,4%	5 271 300	4,1%	5 062 394	26 821	19821,0%
- Intangible assets	578 282	-5,9%	614 620	-2,3%	629 022	124	466256,5%
- Tangible assets	570 320	-14,7%	668 953	-12,1%	760 867	8 877	6324,7%
- Financial assets	4 194 416	5,2%	3 987 727	8,6%	3 672 505	1 065	393741,9%
Net current assets	17 496 500	31,5%	13 303 878	-35,1%	20 509 307	221 995,50	7781,5%
- Stocks	3 340 004	78,7%	1 869 490	-56,3%	4 279 189	26 726	12397,2%
- Advanced payments	0	31,5%	0	0%	0	0	0%
- Receivables	14 127 146	24,6%	11 342 243	-29,8%	16 147 088	100 435,50	13965,9%
- Securities and cash	29 350	-68,1%	92 145	11,0%	83 030	31 702	-7,4%
- Prepaid expenses	-	-	-	-	-	16	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	22 839 518	23,0%	18 575 178	-27,4%	25 571 702	301 319	7479,8%

Passive Account

Annual Accounts	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Shareholders' equity	7 507 288	-2,4%	7 694 267	5,8%	7 273 688	78 395,50	9476,2%
Share capital	2 000 007	0%	2 000 007	0%	2 000 007	14 581,50	13616,1%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	40 975	-59,0%	100 000	0	0%
Liabilities	15 332 230	41,4%	10 839 933	-40,4%	18 198 013	179 076	8461,9%
- Financial liabilities	7 584 214	66,7%	4 549 861	-42,8%	7 953 922	18 821	40196,6%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	6 719 326	17,6%	5 714 943	-35,0%	8 795 074	67 712	9823,4%
- Tax and social liabilities	323 545	-39,3%	532 667	13,7%	468 291	41 038	688,4%
- Other debts and fixed assets liabilities	705 143	0%	0	0%	980 170	4 615,50	15177,7%
Account regularization	0	0%	42 462	7537,1%	556	0	0%
Total liabilities	22 839 518	23,0%	18 575 178	-27,4%	25 571 702	301 319	7479,8%

Results

Annual Accounts	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Sales of Goods	99 932 090	14,7%	87 161 351	3,7%	84 013 182	583 433,50	17028,3%
Net turnover	98 498 643	13,3%	86 928 540	3,5%	83 989 269	578 591	16923,9%
- of which net export turnover	63 187 609	9,8%	57 572 678	-1,2%	58 247 223	0	0%
Operating charges	98 839 002	15,4%	85 647 877	4,2%	82 194 960	583 657,50	16834,4%
Operating profit/loss	1 093 088	-27,8%	1 513 474	-16,8%	1 818 222	15 497,50	6953,3%
Financial income	67 901	-18,4%	83 256	-87,7%	675 204	05	1357920,0%
Financial charges	257 837	-20,8%	325 655	-82,1%	1 817 775	964	26646,6%
Financial profit/loss	-189 936	21,6%	-242 399	78,8%	-1 142 571	-327,50	-57895,7%
Pretax net operating income	903 152	-28,9%	1 271 075	88,1%	675 651	14 345,50	6195,7%
Extraordinary income	22 500	0%	0	0%	41 355	101	22177,2%
Extraordinary charges	4 224	625,8%	582	-79,3%	2 809	337,50	1151,6%
Extraordinary profit/loss	18 276	106350,9%	-582	-101,5%	38 546	0	0%
Net result	618 380	-26,4%	840 254	77,7%	472 781	12 607,50	4804,9%

Display parameter
Currency	Euro	Kilo Euro

	Normal Account		30/09/2010		30/09/2009		30/09/2008
	Months		12		12		12

Accounts - Active
Current Assets | Equalization accounts | Reference

Grand Total - Passive Accounts (I to IV)

		30/09/2010		30/09/2009		30/09/2008
Grand Total (I to VI)	Net	22 839 518	23,0%	18 575 178	-27,4%	25 571 702
Gross	CO	23 603 171	15,1%	20 511 674	-25,1%	27 369 259
Amortisation	1A	763 653	-60,6%	1 936 496	7,7%	1 797 558

Non declared distributed capital (I)

		30/09/2010		30/09/2009		30/09/2008
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	-	0

Active fixed asset (II)

		30/09/2010		30/09/2009		30/09/2008
Total Active fixed asset (II)	Net	5 343 018	1,4%	5 271 300	4,1%	5 062 394
Gross	BJ	5 984 884	3,1%	5 805 553	6,1%	5 469 487
Amortisation	BK	641 866	20,1%	534 253	31,2%	407 093

Intangilble fixed assets

			30/09/2010		30/09/2009		30/09/2008
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	29 466	-41,3%	50 223	-37,4%	80 206
	Gross	AF	206 974	12,9%	183 333	-1,9%	186 870
	Amortisation	AG	177 508	33,4%	133 110	24,8%	106 664
	Goodwill	Net	548 816	0%	548 816	0%	548 816
	Gross	AH	548 816	0%	548 816	0%	548 816
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	15 581	0%	0
	Gross	AJ	0	0%	15 581	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	578 282	-5,9%	614 620	-2,3%	629 022

Tangilble fixed assets

		30/09/2010		30/09/2009		30/09/2008
Lands	Net	0	0%	0	0%	0
Gross	AN	0	0%	0	0%	0
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	0	0%	0	0%	0
Gross	AP	0	0%	0	0%	0
Amortisation	AQ	0	0%	0	0%	0
Plant	Net	0	0%	0	0%	0
Gross	AR	0	0%	0	0%	0
Amortisation	AS	0	0%	0	0%	0
Other tangible fixed assets	Net	570 320	-14,7%	668 953	-12,1%	760 867
Gross	AT	1 034 678	-3,3%	1 070 096	0,8%	1 061 296
Amortisation	AU	464 358	15,8%	401 143	33,5%	300 429
Fixed assets in construction	Net	0	0%	0	0%	0
Gross	AV	0	0%	0	0%	0
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	570 320		668 953		760 867

Financial assets

		30/09/2010		30/09/2009		30/09/2008
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	4 133 930	5,2%	3 930 215	9,1%	3 601 382
Gross	CU	4 133 930	5,2%	3 930 215	9,1%	3 601 382
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	60 486	5,2%	57 512	-19,1%	71 123
Gross	BH	60 486	5,2%	57 512	-19,1%	71 123
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		4 194 416		3 987 727		3 672 505

Current Assets (III)

		30/09/2010		30/09/2009		30/09/2008
Total Assets	Net	17 496 500	31,5%	13 303 878	-35,1%	20 509 307
Gross	CJ	17 618 287	19,8%	14 706 121	-32,8%	21 899 772
Amortisation	CK	121 787	-91,3%	1 402 243	0,8%	1 390 465

Stocks

		30/09/2010		30/09/2009		30/09/2008
Raw materials	Net	0	0%	0	0%	0
Gross	BL	0	0%	0	0%	0
Amortisation	BM	0	0%	0	0%	0
Work in progress (goods)	Net	0	0%	0	0%	0
Gross	BN	0	0%	0	0%	0
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	0	0%	0	0%	0
Gross	BR	0	0%	0	0%	0
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	3 340 004	78,7%	1 869 490	-56,3%	4 279 189
Gross	BT	3 340 004	71,9%	1 943 201	-55,3%	4 343 533
Amortisation	BU	0	0%	73 711	14,6%	64 344
Sub Total Stocks	Net	3 340 004	78,7%	1 869 490	-56,3%	4 279 189

Advance payments to suppliers

		30/09/2010		30/09/2009		30/09/2008
Advance payments to suppliers	Net	0	0%	0	0%	0
Gross	BV	0	0%	0	0%	0
Amortisation	BW	0	0%	0	0%	0

Debtors

		30/09/2010		30/09/2009		30/09/2008
Trade accounts receivable	Net	7 122 052	4,1%	6 844 214	-39,9%	11 378 824
Gross	BX	7 243 839	3,1%	7 027 050	-39,2%	11 559 249
Amortisation	BY	121 787	-33,4%	182 836	1,3%	180 425
Other debtors	Net	6 987 967	56,5%	4 465 474	-5,6%	4 731 579
Gross	BZ	6 987 967	24,5%	5 611 170	-4,5%	5 877 275
Amortisation	CA	0	0%	1 145 696	0%	1 145 696
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total Debtors	Net	14 110 019	24,8%	11 309 688	-29,8%	16 110 403

Divers

		30/09/2010		30/09/2009		30/09/2008
Investment securities	Net	0	0%	0	0%	0
Gross	CD	0	0%	0	0%	0
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	29 350	-68,1%	92 145	11,0%	83 030
Gross	CF	29 350	-68,1%	92 145	11,0%	83 030
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	29 350	-68,1%	92 145	11,0%	83 030

Prepaid expenses

		30/09/2010		30/09/2009		30/09/2008
Prepaid expenses	Net	17 127	-47,4%	32 555	-11,3%	36 685
Gross	CH	17 127	-47,4%	32 555	-11,3%	36 685
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		30/09/2010		30/09/2009		30/09/2008
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	-	-
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	-	-
Currency differential gain	CN3	0	0%	0	0%	0
Gross		0	0%	0	-	-

References

		30/09/2010		30/09/2009		30/09/2008
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

			30/09/2010		30/09/2009		30/09/2008
	Grand Total (I to V)	EE	22 839 518	23,0%	18 575 178	-27,4%	25 571 702

Shareholder Equity (I)

		30/09/2010		30/09/2009		30/09/2008
Total shareholders' equity (Total I)	DL	7 507 288	-2,4%	7 694 267	5,8%	7 273 688
Equity and shareholders' equity	DA	2 000 007	0%	2 000 007	0%	2 000 007
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	200 000	0%	200 000	0%	200 000
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	0	0%	0	0%	0
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	0	0%	0	0%	0
Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
Profits or losses brought forward	DH	4 688 901	0,7%	4 654 006	1,2%	4 600 899
Profit or loss for the period	DI	618 380	-26,4%	840 254	77,7%	472 782
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

		30/09/2010		30/09/2009		30/09/2008
Total other capital resources (Total II)	DO	0	0%	0	0%	0
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

		30/09/2010		30/09/2009		30/09/2008
Total provisions for risks and charges (Total III)	DR	0	0%	40 975	-59,0%	100 000
Risk provisions	DP	0	0%	40 975	-59,0%	100 000
Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

		30/09/2010		30/09/2009		30/09/2008
Total Liabilities (Total IV)	EC	15 332 230	41,4%	10 839 933	-40,4%	18 198 013
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	7 419 044	66,3%	4 460 855	-42,9%	7 807 411
Sundry loans and financial liabilities	DV	165 170	85,6%	89 006	-39,2%	146 511
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	0	0%	0	0%	0
Trade accounts payables	DX	6 719 326	17,6%	5 714 943	-35,0%	8 795 074
Tax and social security liabilities	DY	323 545	-39,3%	532 667	13,7%	468 291
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	705 143	0%	0	0%	980 170

Translation loss (V)

			30/09/2010		30/09/2009		30/09/2008
	Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

			30/09/2010		30/09/2009		30/09/2008
	Deferred income	EB	0	0%	42 462	7537,1%	556

References

		30/09/2010		30/09/2009		30/09/2008
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	15 260 801	42,7%	10 696 836	-40,5%	17 983 727
Of which current bank facilities	EH	7 276 188	71,3%	4 246 569	-43,5%	7 521 697

Display parameter
Currency	Euro	Kilo Euro

			30/09/2010		30/09/2009		30/09/2008
	Operating result (Total I-II)	GG	1 093 088	-27,8%	1 513 474	-16,8%	1 818 222

2 - Financial result (V - VI)

			30/09/2010		30/09/2009		30/09/2008
	Financial result (Total V-VI)	GV	-189 936	21,6%	-242 399	78,8%	-1 142 571

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

			30/09/2010		30/09/2009		30/09/2008
	Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	903 152	-28,9%	1 271 075	88,1%	675 651

4 - Extraordinary result (VII-VIII)

			30/09/2010		30/09/2009		30/09/2008
	Extraordinary result (Total VII-VIII)	HI	18 276	3240,2%	-582	-101,5%	38 546

Profit or loss

			30/09/2010		30/09/2009		30/09/2008
	Profit or loss	HN	618 380	-26,4%	840 254	77,7%	472 781

Total Income (I+III+V+VII)

			30/09/2010		30/09/2009		30/09/2008
	Total Income (I+III+V+VII)	HL	100 022 491	14,6%	87 244 607	3,0%	84 729 741

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

			30/09/2010		30/09/2009		30/09/2008
	Total charges (Total II+IV+VI+VIII+IX+X)	HM	99 404 110	15,0%	86 404 352	2,5%	84 256 960

Operating income (I)

			30/09/2010		30/09/2009		30/09/2008
	Total operating income (Total I)	FR	99 932 090	14,7%	87 161 351	3,7%	84 013 182

Operating income (details)

		30/09/2010		30/09/2009		30/09/2008
Sale of goods for resale	FC	98 445 039	13,7%	86 583 883	3,4%	83 703 804
France	FA	35 257 430	21,5%	29 011 205	14,0%	25 456 581
Export	FB	63 187 609	9,8%	57 572 678	-1,2%	58 247 223
Sale of goods produced	FF	0	0%	0	0%	0
France	FD	0	0%	0	0%	0
Export	FE	0	0%	0	0%	0
Sale of services	FI	53 604	-84,4%	344 657	20,7%	285 465
France	FG	53 604	-84,4%	344 657	20,7%	285 465
Export	FH	0	0%	0	0%	0
Net turnover	FL	98 498 643	13,3%	86 928 540	3,5%	83 989 269
France	FJ	35 311 034	20,3%	29 355 862	14,0%	25 742 046
Export	FK	63 187 609	9,8%	57 572 678	-1,2%	58 247 223
Stocked production	FM	0	0%	0	0%	0
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	0	0%	0	0%	0
Release of reserves and provisions	FP	1 421 997	765,3%	164 344	905,9%	16 338
Other income	FQ	11 450	-83,3%	68 467	803,9%	7 575

Operating charges (II)

			30/09/2010		30/09/2009		30/09/2008
	Total operating charges (Total II)	GF	98 839 002	15,4%	85 647 877	4,2%	82 194 960

Exploitation charges

		30/09/2010		30/09/2009		30/09/2008
Purchase of goods for resale	FS	96 694 433	22,9%	78 664 823	-2,5%	80 702 157
Change in stocks of goods for resale	FT	-1 396 803	-158,2%	2 400 332	180,8%	-2 969 501
Purchase of raw materials	FU	7 342	10,6%	6 641	16,9%	5 683
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	833 441	-71,4%	2 910 510	1,3%	2 873 863
Tax, duty and similar payments	FX	86 390	-41,5%	147 626	-2,3%	151 048
Payroll	FY	901 076	1,9%	884 351	0,1%	883 042
Social security costs	FZ	373 324	-1,0%	376 907	2,9%	366 244

Depreciation

		30/09/2010		30/09/2009		30/09/2008
Depreciation of fixed assets	GA	145 914	7,0%	136 338	-0,9%	137 533
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	76 122	169,4%	28 257
Provisions for risks and charges	GD	0	0%	40 975	0%	0

Other charges

			30/09/2010		30/09/2009		30/09/2008
	Other charges	GE	1 193 885	36612,3%	3 252	-80,4%	16 634

Operating charges (III-IV)

		30/09/2010		30/09/2009		30/09/2008
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

		30/09/2010		30/09/2009		30/09/2008
Total financial income (Total V)	GP	67 901	-18,4%	83 256	-87,7%	675 204
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	67 901	-18,4%	83 256	-60,5%	210 781
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	0	0%	0	0%	464 423
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		30/09/2010		30/09/2009		30/09/2008
Total financial charge (Total VI)	GU	257 837	-20,8%	325 655	-82,1%	1 817 775
Financial reserves and provisions	GQ	0	0%	0	0%	0
Interest and similar charges	GR	257 837	-20,8%	325 655	-56,1%	741 373
Exchange losses	GS	0	0%	0	0%	1 076 402
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Financial Charge (VII)

		30/09/2010		30/09/2009		30/09/2008
Total extraordinary income (Total VII)	HD	22 500	0%	0	0%	41 355
Extraordinary operating income	HA	0	0%	0	0%	40 937
Extraordinary income from capital transactions	HB	22 500	0%	0	0%	418
Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

		30/09/2010		30/09/2009		30/09/2008
Total extraordinary charges (Total VIII)	HH	4 224	625,8%	582	-79,3%	2 809
Extraordinary operating charges	HE	3 031	420,8%	582	-79,3%	2 809
Extraordinary charges from capital transactions	HF	1 193	0%	0	0%	0
Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

			30/09/2010		30/09/2009		30/09/2008
	Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

			30/09/2010		30/09/2009		30/09/2008
	Tax on profits (Total X)	HK	303 047	-29,6%	430 238	78,2%	241 416

References

		30/09/2010		30/09/2009		30/09/2008
Of which equipment leases	HP	23 344	1,2%	23 062	167,1%	8 635
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	100 567	0%	0	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

		30/09/2010		30/09/2009		30/09/2008
Gross value at begin of period	OG	0	0%	0	0%	5 432 924
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	40 649
Decreasess by budget item transfer	OK1	15 581	0%	0	0%	0
Decreasess by transfers	OK2	41 827	143,9%	17 148	319,8%	4 085
Gross value at the end of period	OL	5 984 885	3,1%	5 805 553	6,1%	5 469 487

Research and development Charge (Total I)

		30/09/2010		30/09/2009		30/09/2008
Gross value at begin of period	CZ	0	0%	0	0%	0
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreasess by budget item transfer	C01	0	0%	0	0%	0
Decreasess by transfers	C02	0	0%	0	0%	0
Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

		30/09/2010		30/09/2009		30/09/2008
Gross value at begin of period	KD	747 731	1,6%	735 687	0,2%	734 562
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	23 642	51,7%	15 581	1285,0%	1 125
Decreasess by budget item transfer	LV1	15 581	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	3 537	0%	0
Gross value at the end of period	LW	755 792	1,1%	747 731	1,6%	735 686

Tangible fixed assets (Total III)

		30/09/2010		30/09/2009		30/09/2008
Gross value at begin of period	LN	1 070 096	0,8%	1 061 296	3,4%	1 026 360
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	4 078	-53,7%	8 800	-77,4%	39 021
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	39 496	0%	0	0%	4 085
Gross value at the end of period	NH	1 034 678	-3,3%	1 070 096	0,8%	1 061 296

Fiancial assets (Total IV)

		30/09/2010		30/09/2009		30/09/2008
Gross value at begin of period	LQ	3 987 727	8,6%	3 672 505	0,0%	3 672 002
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	209 021	-36,4%	328 833	65274,4%	503
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	2 332	-82,9%	13 611	0%	0
Gross value at the end of period	NK	4 194 416	5,2%	3 987 727	8,6%	3 672 505

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

			30/09/2010		30/09/2009		30/09/2008
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			30/09/2010		30/09/2009		30/09/2008
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			30/09/2010		30/09/2009		30/09/2008
	Reserve for depreciation value at begin of period	PE	133 111	24,8%	106 664	0%	0
Increases		PF	44 398	24,6%	35 624	0%	0
Decreasess		PG	0	0%	9 177	0%	0
	Decreasess by budget item transfer	PH	177 509	33,4%	133 111	0%	0

Total fixed assets amotisation (Total III)

			30/09/2010		30/09/2009		30/09/2008
	Reserve for depreciation value at begin of period	QU	401 142	33,5%	300 428	0%	0
Increases		QV	101 517	0,8%	100 714	0%	0
Decreases		QW	38 302	0%	0	0%	0
	Decreasess by budget item transfer	QX	464 357	15,8%	401 142	0%	0

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			30/09/2010		30/09/2009		30/09/2008
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			30/09/2010		30/09/2009		30/09/2008
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			30/09/2010		30/09/2009		30/09/2008
	Value at begining of period	7C	1 443 218	-3,2%	1 490 465	0,8%	1 478 517
Increases		UB	0	0%	117 097	314,4%	28 257
Decreases		UC	1 321 430	704,1%	164 344	907,7%	16 309
	Value at the end of period	UD	121 788	-91,6%	1 443 218	-3,2%	1 490 465

Includes Total allocations

Operating	UE	0%	117 097	314,4%	28 257
Financial	UG	0%	0	0%	0
Exceptional	UJ	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	1 321 430	704,1%	164 344	907,7%	16 309
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			30/09/2010		30/09/2009		30/09/2008
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			30/09/2010		30/09/2009		30/09/2008
	Value at begining of period	5Z	40 975	-59,0%	100 000	0%	100 000
Increases		TV	0	0%	40 975	0%	0
Decreases		TW	40 975	-59,0%	100 000	0%	0
	Value at the end of period	TX	0	0%	40 975	-59,0%	100 000

Total Provision for depreciation (Total III)

			30/09/2010		30/09/2009		30/09/2008
	Value at begining of period	7B	1 402 243	0,8%	1 390 465	0,9%	1 378 517
Increases		TY	0	0%	76 122	169,4%	28 257
Decreases		TZ	1 280 455	1890,0%	64 344	294,5%	16 309
	Value at the end of period	UA	121 788	-91,3%	1 402 243	0,8%	1 390 465

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

		30/09/2010		30/09/2009		30/09/2008
Gross value	VT	14 309 418	12,4%	12 728 287	-27,5%	17 544 332
1 year at most	VU	14 248 932	23,6%	11 525 078	-28,6%	16 145 250
More than one year	VV	60 486	-95,0%	1 203 209	-14,0%	1 399 082

State of loans

		30/09/2010		30/09/2009		30/09/2008
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	60 486	5,2%	57 512	-19,1%	71 123
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		30/09/2010		30/09/2009		30/09/2008
Customers doubtful or disputed	VA	121 979	-41,1%	206 969	0%	0
Other claims customer	UX	7 121 860	4,4%	6 820 082	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	4 077	41,2%	2 888	0%	0
Social Security and other social organizations	UZ	0	0%	714	0%	0
Income taxes	VM	127 104	0%	0	0%	0
Value added tax	VB	106 892	-31,3%	155 548	0%	0
Other taxes and payments assimilated	VN	25 545	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	5 588 191	76,9%	3 158 587	-0,6%	3 178 667
Accounts receivable (including claims relating to the operation of pension titles)	VR	1 136 158	-50,5%	2 293 432	0%	0

Prepaid

			30/09/2010		30/09/2009		30/09/2008
	Prepaid	VS	17 127	-47,4%	32 555	-11,3%	36 685

State Debt

			30/09/2010		30/09/2009		30/09/2008
	Total debt (gross)	VY	15 332 230	41,4%	10 839 933	-40,4%	18 198 014
1 year at most		VZ2	15 260 801	42,7%	10 696 836	-40,5%	17 983 728
More than 1 year and 5 years at most		VZ3	71 429	-50,1%	143 097	-33,2%	214 286
More than 5 years		VZ4	0	0%	0	0%	0

Details

			30/09/2010		30/09/2009		30/09/2008
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	7 276 188	71,3%	4 246 569	0%	0
1 year at most		VG2	7 276 188	71,3%	4 246 569	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	142 857	-33,3%	214 285	-97,3%	7 807 411
1 year at most		VH2	71 428	0,3%	71 188	-99,1%	7 593 125
More than 1 year and 5 years at most		VH3	71 429	-50,1%	143 097	-33,2%	214 286
	Loans and various financial liabilities (gross)	8A1	10 620	-88,0%	88 608	16,0%	76 379
1 year at most		8A2	10 620	-88,0%	88 608	16,0%	76 379
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	6 719 326	17,6%	5 714 943	-35,0%	8 795 074
1 year at most		8B2	6 719 326	17,6%	5 714 943	-35,0%	8 795 074
More than 1 year and 5 years at most		8B3	6 719 326	17,6%	5 714 943	0%	0
	Personnel and associated accounts (gross)	8C1	61 317	-10,4%	68 412	0%	0
1 year at most		8C2	61 317	-10,4%	68 412	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	96 948	-5,2%	102 311	-78,2%	468 292
1 year at most		8D2	96 948	-5,2%	102 311	-78,2%	468 292
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	188 894	0%	0
1 year at most		8E2	0	0%	188 894	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	127 233	60,3%	79 368	0%	0
1 year at most		VW2	127 233	60,3%	79 368	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	38 047	-59,4%	93 682	0%	0
1 year at most		VQ2	38 047	-59,4%	93 682	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	154 550	38731,7%	398	-99,4%	70 132
1 year at most		VI2	154 550	38731,7%	398	-99,4%	70 132
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	705 143	0%	0	0%	980 170
1 year at most		8K2	705 143	0%	0	0%	980 170
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	42 462	7537,1%	556
1 year at most		8L2	0	0%	42 462	7537,1%	556
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		30/09/2010		30/09/2009		30/09/2008
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	71 429	0%	0	0%	0

Table allocation results and other information
Dividends distributed

			30/09/2010		30/09/2009		30/09/2008
	Dividends	ZE	0	0%	0	0%	0

Commitments

		30/09/2010		30/09/2009		30/09/2008
Commitments leasing furniture	YQ	51 104	0%	0	0%	11 489
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		30/09/2010		30/09/2009		30/09/2008
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		30/09/2010		30/09/2009		30/09/2008
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		30/09/2010		30/09/2009		30/09/2008
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

			30/09/2010		30/09/2009		30/09/2008
	Average number of employees	YP	0	0%	15	-6,2%	16

Groups and Shareholders

			30/09/2010		30/09/2009		30/09/2008
	Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Fixed Asset Financing	1,41	-4,7%	1,48	-1,3%	1,50	2,13	-33,8%
Global Debt	56 days	24,4%	45 days	-42,3%	78 days	87 days	-35,6%
Working Capital Fund overall net	9 days	-18,2%	11 days	-8,3%	12 days	42 days	-78,6%
Financial independence	101,19%	-41,3%	172,48%	85,1%	93,16%	363,55%	-72,2%
More ratios
Solvability	32,87%	-20,6%	41,42%	45,6%	28,44%	33,66%	-2,3%
Capacity debt futures	102,17%	-42,7%	178,20%	86,0%	95,79%	1348,04%	-92,4%
Coverage of current assets by net working capital overall	14,05%	-25,5%	18,86%	50,3%	12,55%	37,04%	-62,1%
General Liquidity	0,93	-13,9%	1,08	20,0%	0,90	0,69	34,8%
Restricted Liquidity	0,94	-13,8%	1,09	21,1%	0,90	1,06	-11,3%

Management or rotation

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Need background in operating working capital	35 days	20,7%	29 days	-32,6%	43 days	14 days	150,0%
Treasury	-26 days	-52,9%	-17 days	46,9%	-32 days	7 days	-471,4%
Inventory turnover of goods	13 days	44,4%	9 days	-55,0%	20 days	32 days	-59,4%
Average length of credit granted to customers	26 days	-10,3%	29 days	-42,0%	50 days	43 days	-39,5%
Average length of credit obtained suppliers	25 days	0%	25 days	-35,9%	39 days	47 days	-46,8%
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	948 days	-
Rotation tangible assets	9519,74%	17,2%	8123,43%	2,6%	7913,84%	1840,79%	417,2%

Profitability of the business

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Margin trading	3,20%	-49,6%	6,35%	-10,7%	7,11	24,59%	-87,0%
Profitability of the business	1,01	-42,9%	1,77	-24,7%	2,35	3,46%	-70,8%
Net profit	0,63%	-35,1%	0,97%	73,2%	0,56%	1,89%	-66,7%
More ratios
Growth rate of turnover (excluding VAT)	13,31%	280,3%	3,50%	163,9%	-5,48%	2,04%	552,5%
Rates integration	2,40%	-29,2%	3,39%	-15,7%	4,02%	16,07%	-85,1%
Rate leasing furniture	0,02%	-33,3%	0,03%	200%	0,01%	0%	0%
Work Factor	53,99%	26,1%	42,81%	15,7%	36,99%	63,15%	-14,5%
Weight interests	0,26	-29,7%	0,37%	-82,9%	2,16%	0,15%	73,3%

Return on capital

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Cash flow from the overall profitability	-0,59%	-163,4%	0,93%	31,0%	0,71%	2,66%	-122,2%
Rates of economic profitability	7%	-46,2%	13%	0%	13%	18%	-61,1%
Financial profitability	7507288%	-2,4%	7694267%	5,8%	7273688%	60618,50%	12284,5%
Return on investment	5,81%	-39,0%	9,52%	-36,7%	15,04%	11,92%	-51,3%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Turnover	98 498 643	13,3%	86 928 540	3,5%	83 989 269	578 591 €	16923,9%

Sales of goods	98 445 039	13,7%	86 583 883	3,4%	83 703 804
- Purchase of goods	96 694 433	22,9%	78 664 823	-2,5%	80 702 157
+/- Stock of goods variation	-1 396 803	-158,2%	2 400 332	180,8%	-2 969 501
Trading margin	3 147 409 €	-43,0%	5 518 728 €	-7,6%	5 971 148 €	130 915,50 €	2304,2%
	3,20 % CA	-49,6%	6,35 % CA	-10,7%	7,11 % CA	25,07 % CA	-87,2%

Sale of goods produced	53 604	-84,4%	344 657	20,7%	285 465
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	53 604 €	-84,4%	344 657 €	20,7%	285 465 €	5 514,50 €	872,1%
	0,05 % CA	-87,5%	0,40 % CA	17,6%	0,34 % CA	0,86 % CA	-94,2%

Trading margin	3 147 409	-43,0%	5 518 728	-7,6%	5 971 148	130 915,50	2304,2%
+ Period Production	53 604	-84,4%	344 657	20,7%	285 465	5 514,50	872,1%
- Purchase of raw materials	7 342	10,6%	6 641	16,9%	5 683
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	833 441	-71,4%	2 910 510	1,3%	2 873 863
Added value	2 360 230 €	-19,9%	2 946 234 €	-12,8%	3 377 067 €	97 940 €	2309,9%
	2,40 % CA	-29,2%	3,39 % CA	-15,7%	4,02 % CA	16,07 % CA	-85,1%

Added value	2 360 230 €	-19,9%	2 946 234 €	-12,8%	3 377 067 €	97 940 €	2309,9%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	86 390	-41,5%	147 626	-2,3%	151 048
- Personal charges	1 274 400	1,0%	1 261 258	1,0%	1 249 286
Gross operating surplus	999 440 €	-35,0%	1 537 350 €	-22,2%	1 976 733 €	21 341 €	4583,2%
	1,01 % CA	-42,9%	1,77 % CA	-24,7%	2,35 % CA	3,46 % CA	-70,8%

Gross operating surplus	999 440 €	-35,0%	1 537 350 €	-22,2%	1 976 733 €	21 341 €	4583,2%
+ Release of reserves and provisions	1 421 997	765,3%	164 344	905,9%	16 338
+ Other operating income	11 450	-83,3%	68 467	803,9%	7 575
- Depreciation/Amortisation	145 914	-42,4%	253 435	52,9%	165 790
- Other charges	1 193 885	36612,3%	3 252	-80,4%	16 634
Operating result	1 093 088 €	-27,8%	1 513 474 €	-16,8%	1 818 222 €	15 497,50 €	6953,3%
	1,11 % CA	-36,2%	1,74 % CA	-19,4%	2,16 % CA	2,45 % CA	-54,7%

Operating result	1 093 088 €	-27,8%	1 513 474 €	-16,8%	1 818 222 €	15 497,50 €	6953,3%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	67 901	-18,4%	83 256	-87,7%	675 204
- Financial charges	257 837	-20,8%	325 655	-82,1%	1 817 775
Pre-tax result	903 152 €	-28,9%	1 271 075 €	88,1%	675 651 €	14 313 €	6210,0%
	0,92 % CA	-37,0%	1,46 % CA	82,5%	0,80 % CA	2,25 % CA	-59,1%

Extraordinary income	22 500	0%	0	0%	41 355	101	22177,2%
- Extraordinary charges	4 224	625,8%	582	-79,3%	2 809
Extraordinary result	18 276 €	3240,2%	-582 €	-101,5%	38 546 €	0 €	0%
	0,02 % CA	0%	0,00 % CA	0%	0 % CA	0 % CA	0%

Pre-tax result	903 152 €	-28,9%	1 271 075 €	88,1%	675 651 €	14 313 €	6210,0%
Extraordinary result	18 276 €	3240,2%	-582 €	-101,5%	38 546 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	303 047	-29,6%	430 238	78,2%	241 416
Net result	618 381 €	-26,4%	840 255 €	77,7%	472 781 €	12 600,50 €	4807,6%
	0,63 % CA	-35,1%	0,97 % CA	73,2%	0,56 % CA	1,88 % CA	-66,5%

State of loans

		30/09/2010		30/09/2009		30/09/2008
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	60 486	5,2%	57 512	-19,1%	71 123
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		30/09/2010		30/09/2009		30/09/2008
Customers doubtful or disputed	VA	121 979	-41,1%	206 969	0%	0
Other claims customer	UX	7 121 860	4,4%	6 820 082	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	4 077	41,2%	2 888	0%	0
Social Security and other social organizations	UZ	0	0%	714	0%	0
Income taxes	VM	127 104	0%	0	0%	0
Value added tax	VB	106 892	-31,3%	155 548	0%	0
Other taxes and payments assimilated	VN	25 545	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	5 588 191	76,9%	3 158 587	-0,6%	3 178 667
Accounts receivable (including claims relating to the operation of pension titles)	VR	1 136 158	-50,5%	2 293 432	0%	0

Prepaid

			30/09/2010		30/09/2009		30/09/2008
	Prepaid	VS	17 127	-47,4%	32 555	-11,3%	36 685

State Debt

			30/09/2010		30/09/2009		30/09/2008
	Total debt (gross)	VY	15 332 230	41,4%	10 839 933	-40,4%	18 198 014
1 year at most		VZ2	15 260 801	42,7%	10 696 836	-40,5%	17 983 728
More than 1 year and 5 years at most		VZ3	71 429	-50,1%	143 097	-33,2%	214 286
More than 5 years		VZ4	0	0%	0	0%	0

Details

			30/09/2010		30/09/2009		30/09/2008
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	7 276 188	71,3%	4 246 569	0%	0
1 year at most		VG2	7 276 188	71,3%	4 246 569	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	142 857	-33,3%	214 285	-97,3%	7 807 411
1 year at most		VH2	71 428	0,3%	71 188	-99,1%	7 593 125
More than 1 year and 5 years at most		VH3	71 429	-50,1%	143 097	-33,2%	214 286
	Loans and various financial liabilities (gross)	8A1	10 620	-88,0%	88 608	16,0%	76 379
1 year at most		8A2	10 620	-88,0%	88 608	16,0%	76 379
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	6 719 326	17,6%	5 714 943	-35,0%	8 795 074
1 year at most		8B2	6 719 326	17,6%	5 714 943	-35,0%	8 795 074
More than 1 year and 5 years at most		8B3	6 719 326	17,6%	5 714 943	0%	0
	Personnel and associated accounts (gross)	8C1	61 317	-10,4%	68 412	0%	0
1 year at most		8C2	61 317	-10,4%	68 412	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	96 948	-5,2%	102 311	-78,2%	468 292
1 year at most		8D2	96 948	-5,2%	102 311	-78,2%	468 292
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	188 894	0%	0
1 year at most		8E2	0	0%	188 894	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	127 233	60,3%	79 368	0%	0
1 year at most		VW2	127 233	60,3%	79 368	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	38 047	-59,4%	93 682	0%	0
1 year at most		VQ2	38 047	-59,4%	93 682	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	154 550	38731,7%	398	-99,4%	70 132
1 year at most		VI2	154 550	38731,7%	398	-99,4%	70 132
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	705 143	0%	0	0%	980 170
1 year at most		8K2	705 143	0%	0	0%	980 170
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	42 462	7537,1%	556
1 year at most		8L2	0	0%	42 462	7537,1%	556
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		30/09/2010		30/09/2009		30/09/2008
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	71 429	0%	0	0%	0

Table allocation results and other information
Dividends distributed

			30/09/2010		30/09/2009		30/09/2008
	Dividends	ZE	0	0%	0	0%	0

Commitments

		30/09/2010		30/09/2009		30/09/2008
Commitments leasing furniture	YQ	51 104	0%	0	0%	11 489
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		30/09/2010		30/09/2009		30/09/2008
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		30/09/2010		30/09/2009		30/09/2008
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		30/09/2010		30/09/2009		30/09/2008
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

			30/09/2010		30/09/2009		30/09/2008
	Average number of employees	YP	0	0%	15	-6,2%	16

Groups and Shareholders

			30/09/2010		30/09/2009		30/09/2008
	Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Fixed Asset Financing	1,41	-4,7%	1,48	-1,3%	1,50	2,13	-33,8%
Global Debt	56 days	24,4%	45 days	-42,3%	78 days	87 days	-35,6%
Working Capital Fund overall net	9 days	-18,2%	11 days	-8,3%	12 days	42 days	-78,6%
Financial independence	101,19%	-41,3%	172,48%	85,1%	93,16%	363,55%	-72,2%
More ratios
Solvability	32,87%	-20,6%	41,42%	45,6%	28,44%	33,66%	-2,3%
Capacity debt futures	102,17%	-42,7%	178,20%	86,0%	95,79%	1348,04%	-92,4%
Coverage of current assets by net working capital overall	14,05%	-25,5%	18,86%	50,3%	12,55%	37,04%	-62,1%
General Liquidity	0,93	-13,9%	1,08	20,0%	0,90	0,69	34,8%
Restricted Liquidity	0,94	-13,8%	1,09	21,1%	0,90	1,06	-11,3%

Management or rotation

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Need background in operating working capital	35 days	20,7%	29 days	-32,6%	43 days	14 days	150,0%
Treasury	-26 days	-52,9%	-17 days	46,9%	-32 days	7 days	-471,4%
Inventory turnover of goods	13 days	44,4%	9 days	-55,0%	20 days	32 days	-59,4%
Average length of credit granted to customers	26 days	-10,3%	29 days	-42,0%	50 days	43 days	-39,5%
Average length of credit obtained suppliers	25 days	0%	25 days	-35,9%	39 days	47 days	-46,8%
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	948 days	-
Rotation tangible assets	9519,74%	17,2%	8123,43%	2,6%	7913,84%	1840,79%	417,2%

Profitability of the business

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Margin trading	3,20%	-49,6%	6,35%	-10,7%	7,11	24,59%	-87,0%
Profitability of the business	1,01	-42,9%	1,77	-24,7%	2,35	3,46%	-70,8%
Net profit	0,63%	-35,1%	0,97%	73,2%	0,56%	1,89%	-66,7%
More ratios
Growth rate of turnover (excluding VAT)	13,31%	280,3%	3,50%	163,9%	-5,48%	2,04%	552,5%
Rates integration	2,40%	-29,2%	3,39%	-15,7%	4,02%	16,07%	-85,1%
Rate leasing furniture	0,02%	-33,3%	0,03%	200%	0,01%	0%	0%
Work Factor	53,99%	26,1%	42,81%	15,7%	36,99%	63,15%	-14,5%
Weight interests	0,26	-29,7%	0,37%	-82,9%	2,16%	0,15%	73,3%

Return on capital

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Cash flow from the overall profitability	-0,59%	-163,4%	0,93%	31,0%	0,71%	2,66%	-122,2%
Rates of economic profitability	7%	-46,2%	13%	0%	13%	18%	-61,1%
Financial profitability	7507288%	-2,4%	7694267%	5,8%	7273688%	60618,50%	12284,5%
Return on investment	5,81%	-39,0%	9,52%	-36,7%	15,04%	11,92%	-51,3%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	30/09/2010		30/09/2009		30/09/2008	Sector Median 2010
Turnover	98 498 643	13,3%	86 928 540	3,5%	83 989 269	578 591 €	16923,9%

Sales of goods	98 445 039	13,7%	86 583 883	3,4%	83 703 804
- Purchase of goods	96 694 433	22,9%	78 664 823	-2,5%	80 702 157
+/- Stock of goods variation	-1 396 803	-158,2%	2 400 332	180,8%	-2 969 501
Trading margin	3 147 409 €	-43,0%	5 518 728 €	-7,6%	5 971 148 €	130 915,50 €	2304,2%
	3,20 % CA	-49,6%	6,35 % CA	-10,7%	7,11 % CA	25,07 % CA	-87,2%

Sale of goods produced	53 604	-84,4%	344 657	20,7%	285 465
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	53 604 €	-84,4%	344 657 €	20,7%	285 465 €	5 514,50 €	872,1%
	0,05 % CA	-87,5%	0,40 % CA	17,6%	0,34 % CA	0,86 % CA	-94,2%

Trading margin	3 147 409	-43,0%	5 518 728	-7,6%	5 971 148	130 915,50	2304,2%
+ Period Production	53 604	-84,4%	344 657	20,7%	285 465	5 514,50	872,1%
- Purchase of raw materials	7 342	10,6%	6 641	16,9%	5 683
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	833 441	-71,4%	2 910 510	1,3%	2 873 863
Added value	2 360 230 €	-19,9%	2 946 234 €	-12,8%	3 377 067 €	97 940 €	2309,9%
	2,40 % CA	-29,2%	3,39 % CA	-15,7%	4,02 % CA	16,07 % CA	-85,1%

Added value	2 360 230 €	-19,9%	2 946 234 €	-12,8%	3 377 067 €	97 940 €	2309,9%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	86 390	-41,5%	147 626	-2,3%	151 048
- Personal charges	1 274 400	1,0%	1 261 258	1,0%	1 249 286
Gross operating surplus	999 440 €	-35,0%	1 537 350 €	-22,2%	1 976 733 €	21 341 €	4583,2%
	1,01 % CA	-42,9%	1,77 % CA	-24,7%	2,35 % CA	3,46 % CA	-70,8%

Gross operating surplus	999 440 €	-35,0%	1 537 350 €	-22,2%	1 976 733 €	21 341 €	4583,2%
+ Release of reserves and provisions	1 421 997	765,3%	164 344	905,9%	16 338
+ Other operating income	11 450	-83,3%	68 467	803,9%	7 575
- Depreciation/Amortisation	145 914	-42,4%	253 435	52,9%	165 790
- Other charges	1 193 885	36612,3%	3 252	-80,4%	16 634
Operating result	1 093 088 €	-27,8%	1 513 474 €	-16,8%	1 818 222 €	15 497,50 €	6953,3%
	1,11 % CA	-36,2%	1,74 % CA	-19,4%	2,16 % CA	2,45 % CA	-54,7%

Operating result	1 093 088 €	-27,8%	1 513 474 €	-16,8%	1 818 222 €	15 497,50 €	6953,3%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	67 901	-18,4%	83 256	-87,7%	675 204
- Financial charges	257 837	-20,8%	325 655	-82,1%	1 817 775
Pre-tax result	903 152 €	-28,9%	1 271 075 €	88,1%	675 651 €	14 313 €	6210,0%
	0,92 % CA	-37,0%	1,46 % CA	82,5%	0,80 % CA	2,25 % CA	-59,1%

Extraordinary income	22 500	0%	0	0%	41 355	101	22177,2%
- Extraordinary charges	4 224	625,8%	582	-79,3%	2 809
Extraordinary result	18 276 €	3240,2%	-582 €	-101,5%	38 546 €	0 €	0%
	0,02 % CA	0%	0,00 % CA	0%	0 % CA	0 % CA	0%

Pre-tax result	903 152 €	-28,9%	1 271 075 €	88,1%	675 651 €	14 313 €	6210,0%
Extraordinary result	18 276 €	3240,2%	-582 €	-101,5%	38 546 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	303 047	-29,6%	430 238	78,2%	241 416
Net result	618 381 €	-26,4%	840 255 €	77,7%	472 781 €	12 600,50 €	4807,6%
	0,63 % CA	-35,1%	0,97 % CA	73,2%	0,56 % CA	1,88 % CA	-66,5%

Consolidated Accounts

Active Account | Passive Account | Account Results | Consolidation

Synthesized Accounts

Annual Accounts	30/09/2009	30/09/2008	30/09/2007
Account period (month)	12	12	12
Account Type	Consolidated	Consolidated	Consolidated
Activity Code	4638B	4638B	4638B

Active account

Annual Accounts	30/09/2009		30/09/2008		30/09/2007
Capital not called	0	0%	0	0%	0
Total fixed assets	2 148 362	33,4%	1 610 000	-6,0%	1 712 853
- Intangible assets	615 469	-2,2%	629 114	-5,1%	663 021
- Tangible assets	1 181 837	40,2%	843 025	-9,4%	930 712
- Financial assets	286 767	298,0%	72 048	-39,5%	119 120
Net current assets	21 875 028	-32,5%	32 399 450	57,0%	20 642 404
- Stocks	2 082 286	-54,7%	4 595 412	191,2%	1 578 322
- Advanced payments	0	0%	0	0%	0
- Receivables	19 379 358	-29,9%	27 626 958	47,3%	18 755 342
- Securities and cash	413 384	133,4%	177 080	-42,6%	308 740
Accounts of regularization	0	0%	0	0%	0
Total Assets	24 023 390	-29,4%	34 009 450	52,1%	22 355 257

Passive Account

Annual Accounts	30/09/2009		30/09/2008		30/09/2007
Shareholders' equity	5 092 335	11,5%	4 565 772	0,4%	4 547 548
Share capital	2 000 007	0%	2 000 007	0%	2 000 007
Other capital resources	0	0%	0	0%	0
Risk Provisions	103 081	-31,3%	150 052	50,1%	100 000
Liabilities	18 425 522	-36,3%	28 931 429	67,9%	17 231 478
- Financial liabilities	8 581 674	-47,9%	16 479 120	103,2%	8 108 950
- Advanced payments received	0	0%	0	0%	0
- Trade account payables	8 929 422	-16,3%	10 668 604	26,5%	8 433 750
- Tax and social liabilities	763 006	26,6%	602 666	49,9%	402 153
- Other debts and fixed assets liabilities	108 958	-90,4%	1 139 123	298,2%	286 069
Account regularization	42 462	1,3%	41 916	7438,8%	556
Total liabilities	24 023 390	-29,4%	34 009 450	52,1%	22 355 257

Results

Annual Accounts	30/09/2009		30/09/2008		30/09/2007
Sales of Goods	101 472 385	-1,4%	102 935 063	-2,9%	105 963 282
Net turnover	101 231 826	-1,6%	102 858 127	-2,6%	105 614 389
- of which net export turnover	0	0%	76 643 812	-1,0%	77 379 471
Operating charges	99 480 347	-0,8%	100 262 563	-3,9%	104 282 664
Operating profit/loss	1 992 038	-25,5%	2 672 500	59,0%	1 680 618
Financial income	1 775	-98,4%	109 716	5,3%	104 213
Financial charges	450 808	-78,0%	2 053 782	38,2%	1 486 569
Financial profit/loss	-449 033	76,9%	-1 944 066	-40,6%	-1 382 356
Pretax net operating income	1 543 005	111,8%	728 434	144,2%	298 262
Extraordinary income	0	0%	40 947	-68,7%	131 002
Extraordinary charges	657	-94,5%	11 979	-73,4%	44 994
Extraordinary profit/loss	-657	-102,3%	28 968	-66,3%	86 008

Consolidation

Annual Accounts	30/09/2009		30/09/2008		30/09/2007
Net result before amortisation of goodwill	1 021 708	106,6%	494 645	109,0%	236 720
Goodwill amortisation allocation	0	0%	0	0%	0
Net result of equity affiliates companies	-13 009	92,4%	-171 295	0%	0
Net result of integrated companies	0	0%	0	0%	0
Group result (consolidated net result)	1 008 699	212,0%	323 350	36,6%	236 720
Share of minority interest (Result except group)	50 142	145,0%	-111 460	-729,0%	17 719
Net result - group share (part of parent company)	958 558	120,5%	434 810	98,5%	219 001

Display parameter
Currency	Euro	Kilo Euro

	Normal Account		30/09/2009		30/09/2008		30/09/2007
	Months		12		12		12

Accounts - Active
Current Assets | Equalization accounts | Reference

Grand Total - Passive Accounts (I to IV)

		30/09/2009		30/09/2008		30/09/2007
Grand Total (I to VI)	Net	24 023 390	-29,4%	34 009 450	52,1%	22 355 257
Gross	CO	26 183 965	-27,2%	35 943 595	49,3%	24 082 025
Amortisation	1A	2 160 575	11,7%	1 934 145	12,0%	1 726 768

Capital subscribed not called (I)

			30/09/2009		30/09/2008		30/09/2007
	Capital suscribed not called (I)	AA3	0	0%	0	0%	0

Active fixed asset (II)

		30/09/2009		30/09/2008		30/09/2007
Total Active fixed asset (II)	Net	2 148 362	33,4%	1 610 000	-6,0%	1 712 853
Gross	BJ	2 806 236	32,8%	2 113 687	2,6%	2 061 104
Amortisation	BK	657 874	30,6%	503 687	44,6%	348 251

Intangilble fixed assets

		30/09/2009		30/09/2008		30/09/2007
Start-up cost	Net	0	0%	0	0%	0
Gross	AB	0	0%	0	0%	0
Amortisation	AC	0	0%	0	0%	0
R&D expenses	Net	0	0%	0	0%	0
Gross	CX	0	0%	0	0%	0
Amortisation	AE	0	0%	0	0%	0
Distributorships, patents	Net	0	0%	0	0%	0
Gross	AF	0	0%	0	0%	0
Amortisation	AG	0	0%	0	0%	0
Goodwill	Net	0	0%	0	0%	0
Gross	AH	0	0%	0	0%	0
Amortisation	AI	0	0%	0	0%	0
Other intangible fixed assets	Net	615 469	-2,2%	629 114	-5,1%	663 021
Gross	AJ	754 158	1,9%	740 264	0,2%	738 540
Amortisation	AK	138 689	24,8%	111 150	47,2%	75 519
Pre-payments and downpayments	Net	0	0%	0	0%	0
Gross	AL	0	0%	0	0%	0
Amortisation	AM	0	0%	0	0%	0

Tangilble fixed assets

		30/09/2009		30/09/2008		30/09/2007
Acquisition difference	Net	0	0%	0	0%	0
Gross	A11	0	0%	0	0%	0
Amortisation	A12	0	0%	0	0%	0
Goodwill	Net	0	0%	0	0%	0
Gross	A21	0	0%	0	0%	0
Amortisation	A22	0	0%	0	0%	0
Difference from the first consolidation	Net	0	0%	0	0%	0
Gross	A31	0	0%	0	0%	0
Amortisation	A32	0	0%	0	0%	0
Lands	Net	0	0%	0	0%	0
Gross	AN	0	0%	0	0%	0
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	0	0%	0	0%	0
Gross	AP	0	0%	0	0%	0
Amortisation	AQ	0	0%	0	0%	0
Plant	Net	0	0%	0	0%	0
Gross	AR	0	0%	0	0%	0
Amortisation	AS	0	0%	0	0%	0
Other tangible fixed assets	Net	1 181 837	40,2%	843 025	-9,4%	930 712
Gross	AT	1 701 022	37,7%	1 235 562	2,7%	1 203 444
Amortisation	AU	519 185	32,3%	392 537	43,9%	272 732
Fixed assets in construction	Net	0	0%	0	0%	0
Gross	AV	0	0%	0	0%	0
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0

Financial assets

		30/09/2009		30/09/2008		30/09/2007
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	228 873	42049,7%	543	-98,9%	47 545
Gross	CU	228 873	42049,7%	543	-98,9%	47 545
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0	0%	0	0%	0
Other financial assets	Net	57 894	-19,0%	71 505	-0,1%	71 575
Gross	BH	57 894	-19,0%	71 505	-0,1%	71 575
Amortisation	BI	0	0%	0	0%	0
Other financial assets	Net	64 289	-2,3%	65 813	0%	0
Gross	A41	64 289	-2,3%	65 813	0%	0
Amortisation	A42	0	0%	0	0%	0

Current Assets (III)

		30/09/2009		30/09/2008		30/09/2007
Total Assets	Net	21 875 028	-32,5%	32 399 450	57,0%	20 642 404
Gross	CJ	23 377 729	-30,9%	33 829 908	53,6%	22 020 921
Amortisation	CK	1 502 701	5,1%	1 430 458	3,8%	1 378 517

Stocks

		30/09/2009		30/09/2008		30/09/2007
Raw materials	Net	0	0%	0	0%	0
Gross	BL	0	0%	0	0%	0
Amortisation	BM	0	0%	0	0%	0
Work in progress (goods)	Net	0	0%	0	0%	0
Gross	BN	0	0%	0	0%	0
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	0	0%	0	0%	0
Gross	BR	0	0%	0	0%	0
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	2 082 286	-54,7%	4 595 412	191,2%	1 578 322
Gross	BT	2 216 462	-52,4%	4 659 756	187,5%	1 620 635
Amortisation	BU	134 176	108,5%	64 344	52,1%	42 313

Advance payments to suppliers

		30/09/2009		30/09/2008		30/09/2007
Advance payments to suppliers	Net	0	0%	0	0%	0
Gross	BV	0	0%	0	0%	0
Amortisation	BW	0	0%	0	0%	0

Debtors

		30/09/2009		30/09/2008		30/09/2007
Trade accounts receivable	Net	17 399 390	-31,0%	25 200 858	48,6%	16 964 457
Gross	BX	17 622 219	-30,7%	25 421 276	48,2%	17 154 965
Amortisation	BY	222 829	1,1%	220 418	15,7%	190 508
Other debtors	Net	1 937 085	-18,0%	2 363 407	39,7%	1 692 200
Gross	BZ	3 082 781	-12,1%	3 509 103	23,7%	2 837 896
Amortisation	CA	1 145 696	0%	1 145 696	0%	1 145 696
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0

Divers

		30/09/2009		30/09/2008		30/09/2007
Investment securities	Net	31 448	-50,2%	63 101	-69,6%	207 566
Gross	CD	31 448	-50,2%	63 101	-69,6%	207 566
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	381 936	235,1%	113 979	12,7%	101 174
Gross	CF	381 936	235,1%	113 979	12,7%	101 174
Amortisation	CG	0	0%	0	0%	0

Prepaid expenses

		30/09/2009		30/09/2008		30/09/2007
Prepaid expenses	Net	42 883	-31,6%	62 693	-36,5%	98 685
Gross	CH	42 883	-31,6%	62 693	-36,5%	98 685
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		30/09/2009		30/09/2008		30/09/2007
Multi-period charges	CW3	0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Currency differential gain	CN3	0	0%	0	0%	0

References

		30/09/2009		30/09/2008		30/09/2007
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

			30/09/2009		30/09/2008		30/09/2007
	Grand Total (I to IV)	EE	24 023 390	-29,4%	34 009 450	52,1%	22 355 257

Shareholder Equity (I)

		30/09/2009		30/09/2008		30/09/2007
Total shareholders' equity (Total I)	DL	5 092 335	11,5%	4 565 772	0,4%	4 547 548
Equity and shareholders' equity	DA	2 000 007	0%	2 000 007	0%	2 000 007
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	0	0%	0	0%	0
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	0	0%	0	0%	0
Other reserves	DG	2 133 770	0,1%	2 130 955	-8,5%	2 328 540
Profits or losses brought forward	DH	0	0%	0	0%	0
Conversion differences	P1	0	0%	0	0%	0
Net result - group part	P2	958 558	120,5%	434 810	98,5%	219 001
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

		30/09/2009		30/09/2008		30/09/2007
Total other capital resources (Total II)	DO	0	0%	0	0%	0
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0
Others	P3	0	0%	0	0%	0

Provisions for risks and charges (III)

		30/09/2009		30/09/2008		30/09/2007
Total provisions for risks and charges (Total III)	DR	103 081	-31,3%	150 052	50,1%	100 000
Conversion differences	P4	0	0%	0	0%	0
In reserves	P5	402 452	-15,0%	473 657	3,3%	458 512
In results	P6	0	0%	-111 460	-729,0%	17 719
Total III	P7	402 452	11,1%	362 197	-23,9%	476 231
Delayed tax	P8	0	0%	961	0%	0
Acquisition differences	P9	0	0%	0	0%	0
Risk provisions	DP	103 081	-30,9%	149 091	0%	0
Reserves for charges	DQ	0	0%	0	0%	100 000

Liabilities (IV)

		30/09/2009		30/09/2008		30/09/2007
Total Liabilities (Total IV)	EC	18 425 522	-36,3%	28 931 429	67,9%	17 231 478
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	8 246 603	-48,8%	16 117 027	107,4%	7 772 125
Sundry loans and financial liabilities	DV	335 071	-7,5%	362 093	7,5%	336 825
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	0	0%	0	0%	0
Trade accounts payables	DX	8 929 422	-16,3%	10 668 604	26,5%	8 433 750
Tax and social security liabilities	DY	763 006	26,6%	602 666	49,9%	402 153
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	108 958	-90,4%	1 139 123	298,2%	286 069

Translation loss (V)

			30/09/2009		30/09/2008		30/09/2007
	Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

			30/09/2009		30/09/2008		30/09/2007
	Deferred income	EB	42 462	1,3%	41 916	7438,8%	556

References

		30/09/2009		30/09/2008		30/09/2007
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	0	0%	0
Of which current bank facilities	EH	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

			30/09/2009		30/09/2008		30/09/2007
	Operating result (Total I-II)	GG	1 992 038	-25,5%	2 672 500	59,0%	1 680 618

2 - Financial result (V - VI)

			30/09/2009		30/09/2008		30/09/2007
	Financial result (Total V-VI)	GV	-449 033	76,9%	-1 944 066	-40,6%	-1 382 356

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

			30/09/2009		30/09/2008		30/09/2007
	Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	1 543 005	111,8%	728 434	144,2%	298 262

4 - Extraordinary result (VII-VIII)

			30/09/2009		30/09/2008		30/09/2007
	Extraordinary result (Total VII-VIII)	HI	-657	-102,3%	28 968	-66,3%	86 008

Consolidation

		30/09/2009		30/09/2008		30/09/2007
Delayed tax	R1	0	0%	1 704	-48,1%	3 285
Net result before amortisation of acquisition differences	R2	1 021 708	106,6%	494 645	109,0%	236 720
Endowment to amortisation of acquisition differences	R3	0	0%	0	0%	0
Net result of companies set in equivalence	R4	-13 009	92,4%	-171 295	0%	0
Net result of integrated companies	R5	0	0%	0	0%	0
Group result (consolidated net result)	R6	1 008 699	212,0%	323 350	36,6%	236 720
Cross-reference : equipment leasing	R7	50 142	145,0%	-111 460	-729,0%	17 719
Cross-reference : property leasing	R8	958 558	120,5%	434 810	98,5%	219 001

Operating income (I)

			30/09/2009		30/09/2008		30/09/2007
	Total operating income (Total I)	FR	101 472 385	-1,4%	102 935 063	-2,9%	105 963 282

Operating income (details)

		30/09/2009		30/09/2008		30/09/2007
Sale of goods for resale	FC	0	0%	0	0%	0
France	FA	0	0%	0	0%	0
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	101 231 826	0%	0	0%	0
France	FD	101 231 826	0%	0	0%	0
Export	FE	0	0%	0	0%	0
Sale of services	FI	0	0%	102 858 127	-2,6%	105 614 389
France	FG	0	0%	26 214 315	-7,2%	28 234 918
Export	FH	0	0%	76 643 812	-1,0%	77 379 471
Net turnover	FL	101 231 826	-1,6%	102 858 127	-2,6%	105 614 389
France	FJ	101 231 826	286,2%	26 214 315	-7,2%	28 234 918
Export	FK	0	0%	76 643 812	-1,0%	77 379 471
Stocked production	FM	0	0%	0	0%	0
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	0	0%	0	0%	0
Release of reserves and provisions	FP	164 344	157,4%	63 836	-81,2%	340 010
Other income	FQ	76 215	481,8%	13 099	47,5%	8 883

Operating charges (II)

			30/09/2009		30/09/2008		30/09/2007
	Total operating charges (Total II)	GF	99 480 347	-0,8%	100 262 563	-3,9%	104 282 664

Exploitation charges

		30/09/2009		30/09/2008		30/09/2007
Purchase of goods for resale	FS	0	0%	93 403 058	-6,1%	99 491 517
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	94 608 711	0%	0	0%	0
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	2 474 852	-44,9%	4 488 033	98,1%	2 266 107
Tax, duty and similar payments	FX	211 302	0,7%	209 839	-3,6%	217 729
Payroll	FY	1 827 598	-4,3%	1 908 747	0%	0
Social security costs	FZ	0	0%	0	0%	1 945 579

Depreciation

		30/09/2009		30/09/2008		30/09/2007
Depreciation of fixed assets	GA	163 364	-1,0%	165 081	0,0%	165 143
Amortisation of fixed assets	GB	0	0%	0	0%	174 442
Depreciation/amortisation of current assets	GC	177 562	0%	0	0%	0
Provisions for risks and charges	GD	0	0%	68 250	0%	0

Other charges

			30/09/2009		30/09/2008		30/09/2007
	Other charges	GE	16 958	-13,3%	19 555	-11,7%	22 147

Operating charges (III-IV)

		30/09/2009		30/09/2008		30/09/2007
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

		30/09/2009		30/09/2008		30/09/2007
Total financial income (Total V)	GP	1 775	-98,4%	109 716	5,3%	104 213
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	1 200	-98,9%	105 388	1,1%	104 213
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	0	0%	0	0%	0
Net income from disposal of investment securities	GO	575	-86,7%	4 328	0%	0

Financial Charge (VI)

		30/09/2009		30/09/2008		30/09/2007
Total financial charge (Total VI)	GU	450 808	-78,0%	2 053 782	38,2%	1 486 569
Financial reserves and provisions	GQ	0	0%	0	0%	0
Interest and similar charges	GR	450 808	-55,5%	1 013 410	29,3%	783 934
Exchange losses	GS	0	0%	1 040 372	48,1%	702 635
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Financial Charge (VII)

		30/09/2009		30/09/2008		30/09/2007
Total extraordinary income (Total VII)	HD	0	0%	40 947	-68,7%	131 002
Extraordinary operating income	HA	0	0%	40 947	5149,6%	780
Extraordinary income from capital transactions	HB	0	0%	0	0%	0
Released provisions and transferred charges	HC	0	0%	0	0%	130 222

Extraordinary charges (VIII)

		30/09/2009		30/09/2008		30/09/2007
Total extraordinary charges (Total VIII)	HH	657	-94,5%	11 979	-73,4%	44 994
Extraordinary operating charges	HE	657	-94,5%	11 979	-60,9%	30 602
Extraordinary charges from capital transactions	HF	0	0%	0	0%	14 392
Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

			30/09/2009		30/09/2008		30/09/2007
	Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

			30/09/2009		30/09/2008		30/09/2007
	Tax on profits (Total X)	HK	520 640	99,4%	261 053	81,0%	144 265

References

		30/09/2009		30/09/2008		30/09/2007
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0

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

Structure and Liquidity

	30/09/2009		30/09/2008		30/09/2007
Fixed Asset Financing	5,14	-50,0%	10,27	61,5%	6,36
Global Debt	65,52 days	-35,3%	101,26 days	72,4%	58,74 days
Working Capital Fund overall net	41,35 days	-39,7%	68,55 days	82,1%	37,64 days
Financial independence	61,75%	118,0%	28,33%	-51,6%	58,51%
More ratios
Solvability	21,20%	57,9%	13,43%	-34,0%	20,34%

Management or rotation

	30/09/2009		30/09/2008		30/09/2007
Need background in operating working capital	41,31 days	-40,2%	69,12 days	82,5%	37,88 days
Treasury	1,47 days	137,1%	0,62 days	-41,0%	1,05 days
Inventory turnover of goods	0 days	0%	17,96 days	206,5%	5,86 days
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	0%	0 days	0%	0 days
Inventory turnover of intermediate and finished products in the industrial enterprise	0 days	0%	0 days	0%	0 days

Profitability of the business

	30/09/2009		30/09/2008		30/09/2007
Margin trading	0%	0%	-90,81%	3,6%	-94,20
Profitability of the business	2,08	-24,9%	2,77	73,1%	1,60
More ratios
Rates integration	4,10%	-15,1%	4,83%	32,3%	3,65%
Rate leasing furniture	0%	0%	0%	0%	0%
Weight interests	0,45	-77,5%	2%	41,8%	1,41%

Return on capital

	30/09/2009		30/09/2008		30/09/2007
Rates of economic profitability	15,43%	14,0%	13,54%	1,2%	13,38%

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Type	Head office (one site company)	Status	Economically active
Formation Date	12/2005	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department	Yvelines (78)	Region	Ile-de-France
District	4	Area	99
City	VERSAILLES	Size of urban area	Paris conglomeration

Other establishments

	Branches	1 branch entities in this company


	Head office	> COMMODITIES AND PRODUCTS INDUSTRIES <<< - Commerce de gros (commerce interentreprises) alimentaire spécialisé divers (4638B) in VERSAILLES (78000)

	Secondary establishments	> COMMODITIES AND PRODUCTS INDUSTRIES - Commerce de gros non spécialisé (519B) in VERSAILLES (78000)

	Regionality	Legal unit with all establishments in same area

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

Workforces

Workforce at address

10 to 19 employees

Company workforce

10 to 19 employees

Commentary

The comments are arranged in decreasing order of importance

The company is more than 15 years old

The company has an activity presenting an increased risk

Tangible fixed assets are up to 570 320 €

The company has a share capital of 2 000 007 €, which is excellent

The net result is up to 1 093 088 €, which is good

The company is in financial debt of 7 584 214 €

The financial result is negative on the period : -189 936 €

event history

Status history
Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
11/05/2011	Bodacc C	Comptes annuels, consolidés et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 10756 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2010.
11/05/2011	Bodacc C	Comptes annuels et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 10757 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2010.
10/05/2010	Bodacc C	Comptes annuels et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 9982 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2009.
10/05/2010	Bodacc C	Comptes annuels, consolidés et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 9983 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2009.
19/01/2010	JAL	Modification of the share capital

LA SEMAINE DE L’ILE DE FRANCE Date de décision : 30/09/2009 La société : 351805171 - COMMODITIES AND PRODUCTS INDUSTRIES, CAP INDUSTRIES, 12 BD DU ROI, 78000 VERSAILLES a subi une augmentation de son capital social désormais de 2 000 007 €
19/01/2010	JAL	Modification of the share capital

LA SEMAINE DE L’ILE DE FRANCE Date de décision : 30/09/2009 La société : 351805171 - COMMODITIES AND PRODUCTS INDUSTRIES, CAP INDUSTRIES, 12 BD DU ROI, 78000 VERSAILLES a subi une diminution de son capital social désormais de 1 776 015 €
14/05/2009	Bodacc B	Modification et mutation diverse

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 4713 - 351 805 171 RCS Versailles. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Administration : Directeur général et administrateur : MIREMADI REZA modification le 06 Janvier 1998. Directeur général et administrateur : KETABI Hossein Denis modification le 06 Janvier 1998. Président du conseil d'administration et directeur général : GIROUD Bruno Marie Michel modification le 07 Novembre 2003. Co-commissaire aux comptes suppléant : CHETIOUI Mireille en fonction le 05 Mai 2009. Co-commissaire aux comptes titulaire : FICO-GESTION en fonction le 05 Mai 2009. Commissaire aux comptes titulaire : DUMAS Georges en fonction le 05 Mai 2009. Commissaire aux comptes suppléant : AUDIT REVISION GESTION ORGANISATION DES SOCIETE ARGOS en fonction le 05 Mai 2009. Commentaires : Modification de représentant.
29/04/2009	Bodacc C	Comptes annuels et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 8911 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2008.
29/04/2009	Bodacc C	Comptes consolidés et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 8912 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2008.
16/05/2008	Bodacc C	Comptes consolidés et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 6772 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2007.
16/05/2008	Bodacc C	Comptes annuels et rapports

78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 6773 - 351805171 RCS. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : Société anonyme. Adresse : 12 boulevard du Roi 78000 Versailles. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2007.
24/05/2007	Bodacc C	Avis de dépôt des comptes

4502 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme: S.A. Adresse du siège social: 12, boulevard du Roi,78000 Versailles. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2006.
24/05/2007	Bodacc C	Avis de dépôt des comptes

4503 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme: S.A. Adresse du siège social: 12, boulevard du Roi,78000 Versailles. Comptes consolidés et rapport de l'exercice clos le: 30 septembre 2006.
09/11/2006	Bodacc A	Vente et cession

0489 - RCS Versailles B 428 759 179. RC AP-B 41338. CAPMG. Forme : S.A. Capital : 76 224,51 euros. Adresse du siège social : 11 rue Jules-Raulin, 78000 Versailles. Etablissement principal - Activité : négoce de matériel lié au bâtiment. Adresse : 12 boulevard du Roi, 78000 Versailles. Branche complète ou autonome d'activité, dépendant de l'établissement principal, acquise par apport au montant évalué à 3 480 000 euros. Date d'effet : 1er octobre 2005. Précédent propriétaire : COMMODITIES AND PRODUCTS INDUSTRIES-CAP INDUSTRIES. RCS 351 805 171. Publication légale : Les Petites affiches de Seine-et-Oise du 31 octobre 2006. Déclarations de créances : au tribunal de commerce de Versailles.
28/09/2006	Bodacc C	Avis de dépôt des comptes

1362 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme: S.A. Adresse du siège social: 12, boulevard du Roi,78000 Versailles. Comptes consolidés et rapport de l'exercice clos le: 30 septembre 2005.
30/08/2006	Bodacc C	Avis de dépôt des comptes

555 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme: S.A. Adresse du siège social: 12, boulevard du Roi,78000 Versailles. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2005.
12/04/2006	Bodacc B	Modifications et mutations diverses

1590 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES-CAP INDUSTRIES. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : OUNAIS (Sami).
25/12/2005	Bodacc B	Modifications et mutations diverses

1742 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : S.A. Adresse du siège social : 12 boulevard du Roi,, 78000 Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal. Etablissement principal - Nom commercial : Cap Industries SC DMT International. Adresse : 12 boulevard du Roi, 78000
16/04/2005	Bodacc C	Avis de dépôt des comptes

3134 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme: S.A. Adresse du siège social: 11 bis, rue Albert Joly,78000 Versailles. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2004.
16/04/2005	Bodacc C	Avis de dépôt des comptes

3135 - RCS Versailles B 351 805 171. RC 95-B 2287. COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme: S.A. Adresse du siège social: 11 bis, rue Albert Joly,78000 Versailles. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2004.
05/12/2004	Bodacc B	Modifications et mutations diverses

RCS Versailles B 351805171 RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : S.A Nom commercial: Cap Industries SC DMT International. Commentaires : modification survenue sur l'administration. Administration : nomination d'un administrateur : OUNAIS (Sami).
13/02/2004	Bodacc B	Modifications et mutations diverses

RCS Versailles B 351805171 RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : S.A. Capital : 2 000 007 euros Nom commercial: Cap Industries SC DMT International. Commentaires : modification survenue sur le capital (augmentation).
10/12/2003	Bodacc B	Modifications et mutations diverses

RCS Versailles B 351805171 RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : S.A Nom commercial: Cap Industries SC DMT International. Commentaires : modification survenue sur l'administration. Administration : nomination d'un co-commissaire aux comptes suppléant : MARTIN (Alain). Nomination d'un co-commissaire aux comptes titulaire : VIGUIE (Patrick).
20/11/2003	Bodacc B	Modifications et mutations diverses

RCS Versailles B 351805171 RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : S.A Nom commercial: Cap Industries SC DMT International. Commentaires : modification survenue sur l'administration. Administration : modification du président du conseil d' administration et directeur général : GIROUD (Bruno, Marie, Michel). Commissaire aux comptes titulaire partant : VIGUIE (Patrick). Commissaire aux comptes suppléant partant : MARTIN ( Alain). Nomination d'un commissaire aux comptes titulaire : GUEDJ (Jean, Luc). Nomination d'un commissaire aux comptes suppléant : FIDUCIAIRE D'AUDIT ET DE CONSOLIDATION.
23/10/2001	Bodacc B	Modifications et mutations diverses

RCS Versailles B 351805171 RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES-CAP INDUSTRIES. Forme : S.A. Capital : 1 525 000 euros Nom commercial: Cap Industries S.C.D. D.M.T. International. Commentaires : modification survenue sur le capital ( augmentation).
26/07/1998	Bodacc B	Modifications et mutations diverses

RCS Versailles B 351 805 171 RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : S.A Nom commercial: Cap Industries S.C. D.M. T. International. Adresse du siège social : 11 bis rue Albert-Joly 78000 Versailles. Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal Etablissement principal: Adresse : 11 bis rue Albert-Joly 78000 Versailles.
06/02/1998	Bodacc B	Modifications et mutations diverses

RCS *. RCS Versailles B 351 805 171 RC RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES CAP INDUSTRIES. Forme : S.A Nom commercial: Cap Industries S.C. D.M. T. International. Commentaires : modification survenue sur le nom commercial.
23/01/1998	Bodacc B	Modifications et mutations diverses

RCS *. RCS Versailles B 351 805 171 RC RC 95-B 2287 COMMODITIES AND PRODUCTS INDUSTRIES - CAP INDUSTRIES. Sigle : S.C. D.M.T. INTERNATIONAL. Forme : S.A. Capital : 10 000 000 de F Nom commercial: S.C. D. M.T. International. Activité : négoce international de matériel technique, tant en France qu'à l'étranger et sous quelque forme que ce soit, achat, vente, distribution, courtage, importation, exportation de tous produits alimentaires, et plus particulièrement les produits secs et épices. Administration : modification : président du conseil d'administration et administrateur : GIROUD (Bruno, Marie, Michel) Modification : directeur général et administrateur : KETABI HOSSEIN (Denis) MIREMADI (Réza). Commentaires : modification survenue sur la dénomination, l'activité, l' administration et le capital ( augmentation).
07/11/1997	Bodacc B	Modifications et mutations diverses

RCS *. RCS Versailles B 351 805 171 RC RC 95-B 2287 SOCIETE COMMERCIALE D.M.T. INTERNATIONAL. Sigle : S.C. D.M.T. INTERNATIONAL. Forme : S.A Nom commercial: S.C. D.M.T. International. Administration : modification : président du conseil d'administration et administrateur : MIREMADI (Reza). Nomination en qualité d'administrateurs KETABI (Hossein, Denis) GIROUD ( Bruno, Marie, Michel). Nomination en qualité de commissaire aux comptes titulaire : VIGUIE (Patrick). Nomination en qualité de commissaire aux comptes suppléant : MARTIN (Alain). Commentaires : modification survenue sur la forme juridique et l'administration.
08/10/1995	Bodacc B	Modifications et mutations diverses

RCS Versailles B 351 805 171 RC 95-B 2287 SOCIETE COMMERCIALE D.M.T. INTERNATIONAL. Sigle : S.C. D.M.T. INTERNATIONAL. Forme : S.A.R.L. Capital : 300 000 F Nom commercial: S.C. D.M.T. International. Activité : négoce international de matériel technique. Adresse du siège social : Le Bailliage- du-Roi, 5 rue du Bailliage 78000 Versailles. Administration : gérant : MIREMADI (Reza). Commentaires : cette société transfère son siège du 1-3 rue Pitard, 75015 Paris. Ancien RC : 89-B 12167. Date d'effet : 25 aout 1995.
02/02/1995	Bodacc B	Modifications et mutations diverses

RCS *. RCS Paris B 351 805 171 RC RC 89- B 12167 SOCIETE COMMERCIALE D.M.T. INTERNATIONAL. Forme : S.A.R.L. Capital : 300 000 F. Commentaires : modification survenue sur le capital.

Company Events History

Date	Description
29/06/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
11/05/2011	Bodacc C : Deposit accounts notice
30/09/2010	New accounts available
10/05/2010	Bodacc C : Deposit accounts notice
12/01/2010	Updated articles of association
12/01/2010	Amendment
05/10/2009	Minutes of general meeting of shareholders
05/10/2009	Capital reduction
30/09/2009	New consolidated accounts available
30/09/2009	New accounts available
30/09/2009	Legal Gazette: Modification of the share capital
14/05/2009	Bodacc B: Various editing or changing
05/05/2009	New auditor
05/05/2009	Appointment/resignation of company officers
05/05/2009	Private document
05/05/2009	Minutes of general meeting of shareholders
29/04/2009	Bodacc C : Deposit accounts notice
30/03/2009	Collection of preferential rights activated for this company
30/09/2008	New accounts available
30/09/2008	New consolidated accounts available
16/05/2008	Bodacc C : Deposit accounts notice
02/01/2008	Update of Company Activity
02/01/2008	Modification of Company Activity
30/09/2007	New consolidated accounts available
30/09/2007	New accounts available
30/09/2006	New consolidated accounts available
30/09/2006	New accounts available
14/03/2006	Minutes of Board meeting
14/03/2006	PV du Conseil d'Administration
14/03/2006	Modification du Conseil d'Administration
14/03/2006	Changes to the Board of Directors
14/03/2006	Nomination/démission des organes de gestion
14/03/2006	Private document
14/03/2006	Appointment/resignation of company officers
14/03/2006	Acte sous seing privé
07/12/2005	Minutes of Board meeting
07/12/2005	PV du Conseil d'Administration
07/12/2005	Transfert du Siège dans le ressort du Tribunal de Commerce
07/12/2005	Registered office transferred inside jurisdiction of the Commercial Court
07/12/2005	Statuts mis à jour
07/12/2005	Updated articles of association
07/12/2005	Private document
07/12/2005	Acte sous seing privé
30/09/2005	New accounts available
18/11/2004	Private document
18/11/2004	Appointment/resignation of company officers
18/11/2004	PV d'Assemblée
18/11/2004	Nomination/démission des organes de gestion
18/11/2004	Modification du Conseil d'Administration
18/11/2004	Minutes of general meeting of shareholders
18/11/2004	Acte sous seing privé
18/11/2004	Changes to the Board of Directors
30/09/2004	New accounts available
24/03/2004	Requête et Ordonnance
02/02/2004	Acte sous seing privé
02/02/2004	Augmentation de Capital
02/02/2004	Statuts mis à jour
02/02/2004	Réduction de Capital
02/02/2004	PV du Conseil d'Administration
02/02/2004	PV d'Assemblée
19/11/2003	Réduction de Capital
19/11/2003	PV d'Assemblée
19/11/2003	Acte sous seing privé
07/11/2003	Changement de date de clôture
07/11/2003	PV d'Assemblée
07/11/2003	Acte sous seing privé
07/11/2003	PV du Conseil d'Administration
07/11/2003	Nomination/démission des organes de gestion
07/11/2003	Changement de Commissaire aux Comptes
07/11/2003	Statuts mis à jour
30/09/2003	New accounts available
31/03/2003	New accounts available
10/10/2001	Augmentation de Capital
10/10/2001	Conversion du Capital Social en Euros
10/10/2001	Statuts mis à jour
10/10/2001	Acte sous seing privé
10/10/2001	PV d'Assemblée
09/07/1998	Transfert du Siège dans le ressort du Tribunal de Commerce
09/07/1998	Acte sous seing privé
09/07/1998	PV du Conseil d'Administration
09/07/1998	Statuts mis à jour
06/01/1998	Modification de l'objet social
06/01/1998	Changement de Président (PDG, PCA)
06/01/1998	Statuts mis à jour
06/01/1998	Fusion
06/01/1998	PV du Conseil d'Administration
06/01/1998	PV d'Assemblée
06/01/1998	Augmentation de Capital
06/01/1998	Modification du Conseil d'Administration
06/01/1998	Nomination/démission des organes de gestion
06/01/1998	Déclaration de conformité
06/01/1998	Changement de dénomination sociale
06/01/1998	Acte sous seing privé
18/11/1997	Acte sous seing privé
18/11/1997	Rapport des Commissaires ou du Gérant
27/10/1997	Projet de Fusion
27/10/1997	Acte sous seing privé
22/10/1997	Nomination/démission des organes de gestion
22/10/1997	Acte sous seing privé
22/10/1997	PV du Conseil d'Administration
22/10/1997	Changement de Forme Juridique sans changement de catégorie
22/10/1997	PV d'Assemblée
22/10/1997	Statuts mis à jour
07/10/1997	Acte sous seing privé
07/10/1997	Requête et Ordonnance
10/09/1997	Rapport des Commissaires ou du Gérant
10/09/1997	Acte sous seing privé
05/08/1997	Cession de parts
05/08/1997	Acte sous seing privé
05/08/1997	Acte modificatif
16/02/1996	Acte sous seing privé
16/02/1996	Acte modificatif
16/02/1996	Cession de parts
19/09/1995	Statuts mis à jour
19/09/1995	Statuts
19/09/1995	Immatriculation suite à transfert
19/09/1995	PV d'Assemblée
17/01/1995	Nomination/démission des organes de gestion
17/01/1995	Statuts mis à jour
17/01/1995	PV d'Assemblée
17/01/1995	Augmentation de Capital
17/01/1995	Acte modificatif
13/04/1993	Transfert du Siège dans le ressort du Tribunal de Commerce
13/04/1993	Acte modificatif
13/04/1993	PV d'Assemblée
13/04/1993	Augmentation de Capital
13/04/1993	Statuts mis à jour

Establishment events history
Date	Description
10/09/2011	Update Rating
29/06/2011	Update Limit
28/06/2011	Update of phone numbers
21/04/2010	Update Limit
21/01/2010	Update of phone numbers
29/12/2009	Update Rating
17/06/2009	Update Rating
04/05/2009	Update Limit
04/05/2009	Update Rating
16/02/2009	Update of phone numbers
29/04/2008	Update Limit
13/01/2008	Update Limit
02/01/2008	Modification of Head office Activity
02/01/2008	Update of Establishment Activity
16/12/2007	Update Limit
10/12/2007	Update Limit
09/12/2007	Update Limit
14/06/2007	Update Limit
14/06/2007	Update Rating

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.43
UK Pound	1	Rs.79.10
Euro	1	Rs.66.17

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.

REGISTERED NAME & COMPANY SUMMARY

CREDIT RECOMENDATION

DIRECTORS/MANAGEMENT

NEGATIVE INFORMATION

SHARE & SHARE CAPITAL INFORMATION

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

FINANCIAL INFORMATION

NOTES & COMMENTS

Unit