MIRA INFORM REPORT

Report Date :

17.01.2012

IDENTIFICATION DETAILS

Name :	SIMONE PERELE SA
Registered Office :	8 Rue Fournier 92110 Clichy
Country :	France
Financials (as on) :	31.12.2008
Date of Incorporation :	August 1962
Com. Reg. No.:	RCS Nanterre 9 622 041 713
Legal Form :	Simplified Joint Stock Company
Line of Business :	Manufacture of Underwear
No. of Employees :	Not Available

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 :	250,000 €
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 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
France	A1	A1

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

SIMONE PERELE SA

SIRET

622 041 713 00117

company summary

Activity (APE)	Manufacture of underwear (1414Z)	Legal form	Simplified joint stock company
Phone		RCS Registration	RCS Nanterre 9 622 041 713
Fax		Share capital	1,000,000 Euros
Address	SIMONE PERELE SA 8 RUE FOURNIER 92110 CLICHY	Incorporated Date	08/1962
Nationality	France	Status	Economically active

company details

Company details

Activity (APE)	Fabrication de vêtements de dessous (1414Z)
RCS Registration	RCS Nanterre 9 622 041 713	Share capital	1,000,000 Euros
Registration Court	Nanterre (92)	Legal form	Simplified joint stock company
Court Registry Number	19 9 5B009	EU VAT Number	FR60622041713
Incorporation Date	08/1962	Formation Date	01/1962
Deregistration Date		Last account Date	31/12/2008
Nationality	France

CREDIT RECOMENDATION

Current Credit Limit: 250,000 €

DIRECTORS/MANAGEMENT

directors

Name	M. GRODNER PHILIPPE SERGE HENRI
Manager position	Président	Date of birth	02/01/1953
Place of birth	NEUILLY SUR SEINE (92)
Type of manager	Individual	Name at birth of manager

Name	Mme. RIVIERE
Manager position	Directeur général délégué	Date of birth	21/11/1947
Place of birth	PARIS 16EME
Type of manager	Individual	Name at birth of manager	GRODNER CATHERINE

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 Directeur Général	M PHILIPPE SERGE HENRI GRODNER
Président Directeur Général	M PHILIPPE GRODNER
Directeur général délégué	M DENIS JACQUES RENÉ RIVIERE
Directeur général délégué	M DENIS RIVIERE
Administrateur	GRODNER
Administrateur	MME CATHERINE GRODNER
Administrateur	RIVIERE
Administrateur	MME CATHERINE RIVIERE
Administrateur	M DENIS JACQUES RENÉ RIVIERE

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	10/12/2010
Status of Monitoring	No social security and tax office preferential right to date

SHARE & SHARE CAPITAL INFORMATION

Share capital

1,000,000 Euros

PAYMENT INFORMATION

Na

GROUP STRUCTURE & AFFILIATED COMPANIES

Group data

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

FINANCIAL INFORMATION

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2008	31/12/2007	31/12/2006
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	21/01/2010	-	-
Activity Code	1414Z	1414Z	1414Z
Employees	0	199	199

Active account

Annual Accounts	31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	9 542 857	31,1%	7 279 341	28,5%	5 662 683	59 109	16044,5%
- Intangible assets	266 699	23,4%	216 048	7,2%	201 532	7 622	3399,1%
- Tangible assets	1 527 359	-25,5%	2 049 306	-2,1%	2 093 036	21 547	6988,5%
- Financial assets	7 748 799	54,5%	5 013 987	48,9%	3 368 115	5 000	154876,0%
Net current assets	49 126 197	-2,9%	50 576 395	2,0%	49 574 241	584 776	8300,9%
- Stocks	19 338 532	0,3%	19 273 460	21,2%	15 902 273	107 400	17906,1%
- Advanced payments	0	-2,9%	0	0%	0	0	0%
- Receivables	18 472 260	14,6%	16 120 592	-13,5%	18 632 520	206 062	8864,4%
- Securities and cash	11 315 405	-25,5%	15 182 343	1,0%	15 039 448	81 044	13862,1%
- Prepaid expenses	-	-	-	-	-	146,50	-
Accounts of regularization	48 254	-3,4%	49 946	-5,5%	52 867	0	0%
Total Assets	58 717 308	1,4%	57 905 682	4,7%	55 289 791	655 953	8851,5%

Passive Account

Annual Accounts	31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Shareholders' equity	48 067 312	0,9%	47 654 810	5,4%	45 199 153	257 154	18592,0%
Share capital	1 000 000	0%	1 000 000	0%	1 000 000	65 000	1438,5%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	148 254	196,8%	49 946	-5,5%	52 867	0	0%
Liabilities	10 501 742	2,9%	10 200 926	1,6%	10 037 771	329 724	3085,0%
- Financial liabilities	1 842 496	-6,1%	1 961 672	194,0%	667 200	26 968	6732,2%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	4 257 113	39,5%	3 050 904	-25,4%	4 087 423	63 791	6573,5%
- Tax and social liabilities	2 212 257	-28,6%	3 099 667	1,4%	3 057 450	142 294	1454,7%
- Other debts and fixed assets liabilities	2 189 876	4,8%	2 088 683	-6,2%	2 225 698	10 134	21509,2%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	58 717 308	1,4%	57 905 682	4,7%	55 289 791	655 953	8851,5%

Results

Annual Accounts	31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Sales of Goods	57 422 742	-8,9%	63 010 017	12,1%	56 205 087	1 534 628	3641,8%
Net turnover	48 747 801	-4,0%	50 781 624	4,2%	48 712 360	1 391 456	3403,4%
- of which net export turnover	25 353 429	0,1%	25 338 138	7,1%	23 667 849	2 670	949466,6%
Operating charges	55 647 147	-8,9%	61 058 080	7,6%	56 767 122	1 449 228	3739,8%
Operating profit/loss	1 775 595	-9,0%	1 951 938	447,3%	-562 035	24 913	7027,2%
Financial income	2 147 146	-10,0%	2 384 490	-7,2%	2 569 444	2 861	74948,8%
Financial charges	1 809 790	427,1%	343 372	14,4%	300 240	6 854	26304,9%
Financial profit/loss	337 356	-83,5%	2 041 118	-10,1%	2 269 204	-231	146141,6%
Pretax net operating income	2 112 951	-47,1%	3 993 055	133,9%	1 707 169	16 600	12628,6%
Extraordinary income	1 460 397	1501,4%	91 196	15,2%	79 185	1 045	139650,9%
Extraordinary charges	1 008 560	298,8%	252 890	32,4%	191 002	2 512	40049,7%
Extraordinary profit/loss	451 837	1402,0%	-161 694	-44,6%	-111 817	0	0%
Net result	2 105 314	-35,4%	3 260 279	69,4%	1 925 021	14 943	13989,0%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2008	31/12/2007	31/12/2006
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2008		31/12/2007		31/12/2006
	Grand Total (I to VI)	Net	58 717 308	1,4%	57 905 682	4,7%	55 289 791
	Gross	CO	72 885 859	3,0%	70 782 300	3,3%	68 553 057
	Amortisation	1A	14 168 551	10,0%	12 876 618	-2,9%	13 263 266

Non declared distributed capital (I)

		31/12/2008		31/12/2007		31/12/2006
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	-	-	-	-

Active fixed asset (II)

			31/12/2008		31/12/2007		31/12/2006
	Total Active fixed asset (II)	Net	9 542 857	31,1%	7 279 341	28,5%	5 662 683
	Gross	BJ	16 773 078	29,0%	13 003 548	7,4%	12 110 494
	Amortisation	BK	7 230 221	26,3%	5 724 207	-11,2%	6 447 811

Intangilble fixed assets

			31/12/2008		31/12/2007		31/12/2006
	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	4 116	0%	4 116	0%	4 116
	Gross	AH	4 116	0%	4 116	0%	4 116
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	262 583	23,9%	211 932	7,4%	197 416
	Gross	AJ	2 870 526	16,2%	2 470 740	14,1%	2 166 341
	Amortisation	AK	2 607 943	15,5%	2 258 808	14,7%	1 968 925
	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	266 699	23,4%	216 048	7,2%	201 532

Tangilble fixed assets

			31/12/2008		31/12/2007		31/12/2006
	Lands	Net	3 811	-91,7%	45 967	0%	45 967
	Gross	AN	3 811	-91,7%	45 967	0%	45 967
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	0	0%	0	0%	7 423
	Gross	AP	31 984	0%	31 984	-96,7%	956 763
	Amortisation	AQ	31 984	0%	31 984	-96,6%	949 340
	Plant	Net	397 840	-40,2%	664 939	1,9%	652 479
	Gross	AR	1 188 870	-9,8%	1 318 440	20,8%	1 091 301
	Amortisation	AS	791 030	21,0%	653 501	48,9%	438 822
	Other tangible fixed assets	Net	1 125 708	-15,9%	1 338 400	-3,5%	1 387 167
	Gross	AT	3 298 369	7,0%	3 081 985	-10,4%	3 441 563
	Amortisation	AU	2 172 661	24,6%	1 743 585	-15,1%	2 054 396
	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	1 527 359		2 049 306		2 093 036

Financial assets

			31/12/2008		31/12/2007		31/12/2006
	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	4 136 429	266,9%	1 127 291	1,5%	1 110 471
	Gross	CU	4 136 429	266,9%	1 127 291	1,5%	1 110 471
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	3 498 450	-7,3%	3 772 776	76,0%	2 143 724
	Gross	BB	5 125 053	6,6%	4 809 104	51,2%	3 180 052
	Amortisation	BC	1 626 603	57,0%	1 036 328	0%	1 036 328
	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	113 920	0%	113 920	0%	113 920
	Gross	BH	113 920	0%	113 920	0%	113 920
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		7 748 799		5 013 987		3 368 115

Current Assets (III)

			31/12/2008		31/12/2007		31/12/2006
	Total Assets	Net	49 126 197	-2,9%	50 576 395	2,0%	49 574 241
	Gross	CJ	56 064 527	-2,9%	57 728 806	2,4%	56 389 696
	Amortisation	CK	6 938 330	-3,0%	7 152 411	4,9%	6 815 455

Stocks

			31/12/2008		31/12/2007		31/12/2006
	Raw materials	Net	5 279 975	-5,3%	5 573 910	-3,8%	5 796 842
	Gross	BL	8 724 735	9,1%	7 994 640	-3,4%	8 272 402
	Amortisation	BM	3 444 760	42,3%	2 420 730	-2,2%	2 475 560
	Work in progress (goods)	Net	2 828 893	3,5%	2 733 216	-0,6%	2 751 000
	Gross	BN	2 828 893	3,5%	2 733 216	-0,6%	2 751 000
	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	11 229 664	2,4%	10 966 334	49,1%	7 354 431
	Gross	BR	13 365 194	-4,9%	14 057 004	48,0%	9 498 712
	Amortisation	BS	2 135 530	-30,9%	3 090 670	44,1%	2 144 281
	Goods for resale	Net	0	0%	0	0%	0
	Gross	BT	0	0%	0	0%	0
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	19 338 532	0,3%	19 273 460	21,2%	15 902 273

Advance payments to suppliers

			31/12/2008		31/12/2007		31/12/2006
	Advance payments to suppliers	Net	0	0%	0	0%	0
	Gross	BV	0	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2008		31/12/2007		31/12/2006
	Trade accounts receivable	Net	15 531 180	18,9%	13 066 951	-4,5%	13 675 600
	Gross	BX	16 316 720	11,9%	14 578 380	-7,4%	15 741 632
	Amortisation	BY	785 540	-48,0%	1 511 429	-26,8%	2 066 032
	Other debtors	Net	2 917 779	-1,1%	2 949 754	-40,5%	4 956 920
	Gross	BZ	3 047 361	-1,0%	3 079 336	-39,5%	5 086 502
	Amortisation	CA	129 582	0%	129 582	0%	129 582
	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	18 448 959	15,2%	16 016 705	-14,0%	18 632 520

Divers

			31/12/2008		31/12/2007		31/12/2006
	Investment securities	Net	10 990 475	-23,0%	14 275 742	2,2%	13 964 583
	Gross	CD	11 433 393	-19,9%	14 275 742	2,2%	13 964 583
	Amortisation	CE	442 918	0%	0	0%	0
	Cash and cash equivalents	Net	324 930	-64,2%	906 601	-15,7%	1 074 865
	Gross	CF	324 930	-64,2%	906 601	-15,7%	1 074 865
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	11 315 405	-25,5%	15 182 343	1,0%	15 039 448

Prepaid expenses

			31/12/2008		31/12/2007		31/12/2006
	Prepaid expenses	Net	23 301	-77,6%	103 887	0%	0
	Gross	CH	23 301	-77,6%	103 887	0%	0
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2008		31/12/2007		31/12/2006
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	-	-	-	-
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	-	-	-	-
Currency differential gain	CN3	48 254	-3,4%	49 946	-5,5%	52 867
Gross		48 254	-	-	-	-

References

		31/12/2008		31/12/2007		31/12/2006
Due within one year	CP	0	0%	0	0%	91 743
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Accounts - Passive
Other capital resources | Provisions for risks and charges | Liabilities | Translation loss | Equalization accounts | References

Grand Total - Passive Accounts (I to IV)

		31/12/2008		31/12/2007		31/12/2006
Grand Total (I to V)	EE	58 717 308	1,4%	57 905 682	4,7%	55 289 791

Shareholder Equity (I)

			31/12/2008		31/12/2007		31/12/2006
	Total shareholders' equity (Total I)	DL	48 067 312	0,9%	47 654 810	5,4%	45 199 153
	Equity and shareholders' equity	DA	1 000 000	0%	1 000 000	0%	1 000 000
	Issue and merger premiums	DB	0	0%	0	0%	0
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	100 000	0%	100 000	0%	100 000
	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	44 861 998	5,0%	42 707 159	2,3%	41 729 658
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	0	0%	0	0%	0
	Profit or loss for the period	DI	2 105 314	-35,4%	3 260 279	69,4%	1 925 021
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	587 372	32,1%	444 474

Other capital resources (II)

			31/12/2008		31/12/2007		31/12/2006
	Total other capital resources (Total II)	DO	0	0%	0	0%	0
	Income from participating securities	DM	0	0%	0	0%	0
	Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

			31/12/2008		31/12/2007		31/12/2006
	Total provisions for risks and charges (Total III)	DR	148 254	196,8%	49 946	-5,5%	52 867
	Risk provisions	DP	148 254	196,8%	49 946	-5,5%	52 867
	Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

			31/12/2008		31/12/2007		31/12/2006
	Total Liabilities (Total IV)	EC	10 501 742	2,9%	10 200 926	1,6%	10 037 771
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	1 758 654	-10,3%	1 961 672	0%	0
	Sundry loans and financial liabilities	DV	83 842	0%	0	0%	667 200
	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	4 257 113	39,5%	3 050 904	-25,4%	4 087 423
	Tax and social security liabilities	DY	2 212 257	-28,6%	3 099 667	1,4%	3 057 450
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	2 189 876	4,8%	2 088 683	-6,2%	2 225 698

Translation loss (V)

		31/12/2008		31/12/2007		31/12/2006
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/12/2008		31/12/2007		31/12/2006
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2008		31/12/2007		31/12/2006
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	10 134 921	7,8%	9 398 969	0,3%	9 366 211
Of which current bank facilities	EH	1 758 654	-10,3%	1 961 672	0%	0

Display parameter
Currency	Euro	Kilo Euro

Result account
Sales of Goods | Operating charges | Operating charges | Financial income | Financial charges | Financial charges | Extraordinary charges | Employee profit sharing | Tax on profits | References

1- Operating result (I-II)

		31/12/2008		31/12/2007		31/12/2006
Operating result (Total I-II)	GG	1 775 595	-9,0%	1 951 938	447,3%	-562 035

2 - Financial result (V - VI)

		31/12/2008		31/12/2007		31/12/2006
Financial result (Total V-VI)	GV	337 356	-83,5%	2 041 118	-10,1%	2 269 204

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

		31/12/2008		31/12/2007		31/12/2006
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	2 112 951	-47,1%	3 993 055	133,9%	1 707 169

4 - Extraordinary result (VII-VIII)

		31/12/2008		31/12/2007		31/12/2006
Extraordinary result (Total VII-VIII)	HI	451 837	379,4%	-161 694	-44,6%	-111 817

Profit or loss

		31/12/2008		31/12/2007		31/12/2006
Profit or loss	HN	2 105 314	-35,4%	3 260 279	69,4%	1 925 021

Total Income (I+III+V+VII)

		31/12/2008		31/12/2007		31/12/2006
Total Income (I+III+V+VII)	HL	61 030 285	-6,8%	65 485 703	11,3%	58 853 716

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

		31/12/2008		31/12/2007		31/12/2006
Total charges (Total II+IV+VI+VIII+IX+X)	HM	58 924 971	-5,3%	62 225 424	9,3%	56 928 695

Operating income (I)

		31/12/2008		31/12/2007		31/12/2006
Total operating income (Total I)	FR	57 422 742	-8,9%	63 010 017	12,1%	56 205 087

Operating income (details)

			31/12/2008		31/12/2007		31/12/2006
	Sale of goods for resale	FC	2 400 322	61,4%	1 487 626	-4,8%	1 562 804
	France	FA	0	0%	0	0%	0
	Export	FB	2 400 322	61,4%	1 487 626	-4,8%	1 562 804
	Sale of goods produced	FF	45 117 071	-6,7%	48 374 406	3,6%	46 684 587
	France	FD	22 163 964	-10,7%	24 828 623	1,0%	24 579 542
	Export	FE	22 953 107	-2,5%	23 545 783	6,5%	22 105 045
	Sale of services	FI	1 230 408	33,8%	919 592	97,8%	464 969
	France	FG	1 230 408	100,1%	614 863	32,2%	464 969
	Export	FH	0	0%	304 729	0%	0
	Net turnover	FL	48 747 801	-4,0%	50 781 624	4,2%	48 712 360
	France	FJ	23 394 372	-8,1%	25 443 486	1,6%	25 044 511
	Export	FK	25 353 429	0,1%	25 338 138	7,1%	23 667 849
	Stocked production	FM	-596 133	-113,1%	4 540 508	398,7%	910 432
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	953 765	757,9%	111 171	209,9%	35 877
	Release of reserves and provisions	FP	7 648 780	5,8%	7 229 848	17,4%	6 156 486
	Other income	FQ	668 529	92,7%	346 867	-11,0%	389 932

Operating charges (II)

		31/12/2008		31/12/2007		31/12/2006
Total operating charges (Total II)	GF	55 647 147	-8,9%	61 058 080	7,6%	56 767 122

Exploitation charges

		31/12/2008		31/12/2007		31/12/2006
Purchase of goods for resale	FS	2 182 111	61,4%	1 352 387	-4,8%	1 420 731
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	13 423 531	-17,4%	16 258 271	-17,6%	19 740 415
Change in stocks of raw materials	FV	-730 095	-362,8%	277 762	109,1%	-3 046 692
Other external purchases and charges	FW	20 983 525	-8,7%	22 972 396	12,2%	20 466 306
Tax, duty and similar payments	FX	758 526	16,3%	652 443	2,0%	639 755
Payroll	FY	7 179 154	3,1%	6 962 382	6,0%	6 566 294
Social security costs	FZ	3 054 817	3,1%	2 961 863	10,3%	2 685 305

Depreciation

		31/12/2008		31/12/2007		31/12/2006
Depreciation of fixed assets	GA	1 081 201	9,2%	990 430	-2,5%	1 015 962
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	6 365 830	-9,4%	7 022 829	5,0%	6 685 873
Provisions for risks and charges	GD	1 104 383	76,4%	625 951	15,1%	543 975

Other charges

		31/12/2008		31/12/2007		31/12/2006
Other charges	GE	244 164	-75,1%	981 365	1894,7%	49 198

Operating charges (III-IV)

		31/12/2008		31/12/2007		31/12/2006
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

			31/12/2008		31/12/2007		31/12/2006
	Total financial income (Total V)	GP	2 147 146	-10,0%	2 384 490	-7,2%	2 569 444
	Share financial income	GJ	504 468	-26,6%	687 634	-30,0%	982 743
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	593 639	-4,6%	622 118	22,9%	506 221
	Released provisions and transferred charges	GM	49 947	523,7%	8 008	0%	0
	Exchange gains	GN	227 517	3255,2%	6 781	-79,2%	32 525
	Net income from disposal of investment securities	GO	771 575	-27,2%	1 059 949	1,1%	1 047 955

Financial Charge (VI)

			31/12/2008		31/12/2007		31/12/2006
	Total financial charge (Total VI)	GU	1 809 790	427,1%	343 372	14,4%	300 240
	Financial reserves and provisions	GQ	1 081 447	21154,9%	5 088	-90,4%	52 867
	Interest and similar charges	GR	290 801	32,2%	219 914	-2,4%	225 357
	Exchange losses	GS	386 238	226,3%	118 369	1214,0%	9 008
	Net loss from disposal of investment securities	GT	51 304	0%	0	0%	13 008

Financial Charge (VII)

		31/12/2008		31/12/2007		31/12/2006
Total extraordinary income (Total VII)	HD	1 460 397	1501,4%	91 196	15,2%	79 185
Extraordinary operating income	HA	93 013	73,3%	53 670	45,8%	36 802
Extraordinary income from capital transactions	HB	780 012	1978,6%	37 526	-11,5%	42 383
Released provisions and transferred charges	HC	587 372	0%	0	0%	0

Extraordinary charges (VIII)

			31/12/2008		31/12/2007		31/12/2006
	Total extraordinary charges (Total VIII)	HH	1 008 560	298,8%	252 890	32,4%	191 002
	Extraordinary operating charges	HE	866 404	855,2%	90 703	121,2%	41 002
	Extraordinary charges from capital transactions	HF	42 156	118,5%	19 289	0%	0
	Extraordinary reserves and provisions	HG	100 000	-30,0%	142 898	-4,7%	150 000

Employee profit sharing (IX)

		31/12/2008		31/12/2007		31/12/2006
Employee profit sharing (Total IX)	HJ	0	0%	167 128	0%	0

Tax on profits (X)

		31/12/2008		31/12/2007		31/12/2006
Tax on profits (Total X)	HK	459 474	13,7%	403 955	222,5%	-329 669

References

		31/12/2008		31/12/2007		31/12/2006
Of which equipment leases	HP	34 143	74,6%	19 550	0%	0
Of which property leases	HQ	526 449	21,9%	431 931	0%	0
Of which transferred charges	A1	0	0%	0	0%	24 900
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%	178 751
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2008		31/12/2007		31/12/2006
	Gross value at begin of period	OG	0	0%	0	0%	0
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	0	0%	0	0%	0
	Gross value at the end of period	OL	0	0%	0	0%	0

Research and development Charge (Total I)

			31/12/2008		31/12/2007		31/12/2006
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2008		31/12/2007		31/12/2006
	Gross value at begin of period	KD	0	0%	0	0%	0
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	0	0%	0
	Gross value at the end of period	LW	0	0%	0	0%	0

Tangible fixed assets (Total III)

			31/12/2008		31/12/2007		31/12/2006
	Gross value at begin of period	LN	0	0%	0	0%	0
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	0	0%	0	0%	0
	Gross value at the end of period	NH	0	0%	0	0%	0

Fiancial assets (Total IV)

			31/12/2008		31/12/2007		31/12/2006
	Gross value at begin of period	LQ	0	0%	0	0%	0
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0	0%	0
	Gross value at the end of period	NK	0	0%	0	0%	0

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

			31/12/2008		31/12/2007		31/12/2006
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2008		31/12/2007		31/12/2006
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2008		31/12/2007		31/12/2006
	Reserve for depreciation value at begin of period	PE	0	0%	0	0%	0
Increases		PF	0	0%	0	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	0	0%	0	0%	0

Total fixed assets amotisation (Total III)

			31/12/2008		31/12/2007		31/12/2006
	Reserve for depreciation value at begin of period	QU	0	0%	0	0%	0
Increases		QV	0	0%	0	0%	0
Decreases		QW	0	0%	0	0%	0
	Decreasess by budget item transfer	QX	0	0%	0	0%	0

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

			31/12/2008		31/12/2007		31/12/2006
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2008		31/12/2007		31/12/2006
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/12/2008		31/12/2007		31/12/2006
	Value at begining of period	7C	0	0%	0	0%	0
Increases		UB	0	0%	0	0%	0
Decreases		UC	0	0%	0	0%	0
	Value at the end of period	UD	0	0%	0	0%	0

Includes Total allocations

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

Includes Total Withdrawal

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

Total regulated provisions (Total I)

			31/12/2008		31/12/2007		31/12/2006
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2008		31/12/2007		31/12/2006
	Value at begining of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2008		31/12/2007		31/12/2006
	Value at begining of period	7B	0	0%	0	0%	0
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	0	0%	0	0%	0

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

		31/12/2008		31/12/2007		31/12/2006
Gross value	VT	0	0%	0	0%	0
1 year at most	VU	0	0%	0	0%	0
More than one year	VV	0	0%	0	0%	0

State of loans

		31/12/2008		31/12/2007		31/12/2006
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2008		31/12/2007		31/12/2006
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	0	0%	0	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	0	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0	0%	0

Prepaid

		31/12/2008		31/12/2007		31/12/2006
Prepaid	VS	0	0%	0	0%	0

State Debt

			31/12/2008		31/12/2007		31/12/2006
	Total debt (gross)	VY	0	0%	0	0%	0
1 year at most		VZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2008		31/12/2007		31/12/2006
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	0	0%	0
1 year at most		VG2	0	0%	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	0	0%	0	0%	0
1 year at most		8B2	0	0%	0	0%	0
More than 1 year and 5 years at most		8B3	0	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	0	0%	0
1 year at most		8C2	0	0%	0	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	0	0%	0
1 year at most		8D2	0	0%	0	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	0	0%	0
1 year at most		VW2	0	0%	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	0	0%	0
1 year at most		VQ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	0	0%	0	0%	0
1 year at most		VI2	0	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	0	0%	0
1 year at most		8K2	0	0%	0	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2008		31/12/2007		31/12/2006
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2008		31/12/2007		31/12/2006
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2008		31/12/2007		31/12/2006
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2008		31/12/2007		31/12/2006
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2008		31/12/2007		31/12/2006
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2008		31/12/2007		31/12/2006
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/12/2008		31/12/2007		31/12/2006
Average number of employees	YP	0	0%	199	0%	199

Groups and Shareholders

		31/12/2008		31/12/2007		31/12/2006
Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

		31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Fixed Asset Financing		3,31	-19,5%	4,11	-4,9%	4,32	2,29	44,5%
Global Debt		78 days	8,3%	72 days	-2,7%	74 days	100 days	-22,0%
Working Capital Fund overall net		286 days	-0,3%	287 days	-3,7%	298 days	89 days	221,3%
Financial independence		2733,19%	12,5%	2429,30%	-	%	695,50%	293,0%
More ratios
Solvability		81,86%	-0,5%	82,30%	0,7%	81,75%	43,76%	87,1%
Capacity debt futures		%	-	%	-	%	1308,16%	-
Coverage of current assets by net working capital overall		57,44%	2,2%	56,22%	-1,7%	57,22%	46,91%	22,4%
General Liquidity			-		-		0,82	-
Restricted Liquidity			-		-		1,17	-

Management or rotation

		31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Need background in operating working capital		215 days	12,0%	192 days	3,2%	186 days	53 days	305,7%
Treasury		74 days	-21,3%	94 days	-15,3%	111 days	14 days	428,6%
Inventory turnover of goods		0 days	0%	0 days	0%	0 days	0 days	0%
Average length of credit granted to customers		121 days	17,5%	103 days	-11,2%	116 days	57 days	112,3%
Average length of credit obtained suppliers		43 days	59,3%	27 days	-28,9%	38 days	54 days	-20,4%
More ratios
Inventory turnover of raw materials in industrial enterprises		198 days	22,2%	162 days	15,7%	140 days	105 days	88,6%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	1134,50 days	-
Rotation tangible assets		%	-	%	-	%	918,74%	-

Profitability of the business

		31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Margin trading		0,45%	66,7%	0,27%	-6,9%	0,29	0%	0%
Profitability of the business		4,62	-41,3%	7,87	222,5%	2,44	3,26%	41,7%
Net profit		4,32%	-32,7%	6,42%	62,5%	3,95%	1,34%	222,4%
More ratios
Growth rate of turnover (excluding VAT)		-4,01%	-194,4%	4,25%	182,4%	-5,16%	-3,15%	-27,3%
Rates integration		25,22%	-11,4%	28,48%	25,6%	22,67%	34,29%	-26,5%
Rate leasing furniture		0,07%	75,0%	0,04%	0%	0%	0%	0%
Work Factor		83,25%	21,3%	68,63%	-18,1%	83,79%	85,53%	-2,7%
Weight interests		3,71	445,6%	0,68%	9,7%	0,62%	0,61%	508,2%

Return on capital

		31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Cash flow from the overall profitability		7,45%	-13,7%	8,63%	35,5%	6,37%	2,15%	246,5%
Rates of economic profitability		5%	-37,5%	8%	166,7%	3%	8%	-37,5%
Financial profitability		48067312%	0,9%	47654810%	5,4%	45199153%	257154%	18592,0%
Return on investment		7,84%	8,0%	7,26%	49,7%	4,85%	7,45%	5,2%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2008		31/12/2007		31/12/2006	Sector Median 2008
Turnover	48 747 801	-4,0%	50 781 624	4,2%	48 712 360	1 391 456 €	3403,4%

Sales of goods	2 400 322	61,4%	1 487 626	-4,8%	1 562 804
- Purchase of goods	2 182 111	61,4%	1 352 387	-4,8%	1 420 731
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	218 211 €	61,4%	135 239 €	-4,8%	142 073 €	0 €	0%
	0,45 % CA	66,7%	0,27 % CA	-6,9%	0,29 % CA	0 % CA	0%

Sale of goods produced	46 347 479	-6,0%	49 293 998	4,5%	47 149 556
+/- Stocked production	-596 133	-113,1%	4 540 508	398,7%	910 432
+ Self-constructed assets	0	0%	0	0%	0
Period production	45 751 346 €	-15,0%	53 834 506 €	12,0%	48 059 988 €	1 035 000 €	4320,4%
	93,85 % CA	-11,5%	106,01 % CA	7,4%	98,66 % CA	100 % CA	-6,2%

Trading margin	218 211	61,4%	135 239	-4,8%	142 073	0	0%
+ Period Production	45 751 346	-15,0%	53 834 506	12,0%	48 059 988	1 035 000	4320,4%
- Purchase of raw materials	13 423 531	-17,4%	16 258 271	-17,6%	19 740 415
+/- Change in stocks of raw materiels	-730 095	-362,8%	277 762	109,1%	-3 046 692
- Other external purchases and charges	20 983 525	-8,7%	22 972 396	12,2%	20 466 306
Added value	12 292 596 €	-15,0%	14 461 316 €	31,0%	11 042 032 €	454 937 €	2602,0%
	25,22 % CA	-11,4%	28,48 % CA	25,6%	22,67 % CA	34,29 % CA	-26,5%

Added value	12 292 596 €	-15,0%	14 461 316 €	31,0%	11 042 032 €	454 937 €	2602,0%
+ Operating grants	953 765	757,9%	111 171	209,9%	35 877
- Tax, duty and similar payments	758 526	16,3%	652 443	2,0%	639 755
- Personal charges	10 233 971	3,1%	9 924 245	7,3%	9 251 599
Gross operating surplus	2 253 864 €	-43,6%	3 995 799 €	236,8%	1 186 555 €	28 703 €	7752,4%
	4,62 % CA	-41,3%	7,87 % CA	222,5%	2,44 % CA	3,26 % CA	41,7%

Gross operating surplus	2 253 864 €	-43,6%	3 995 799 €	236,8%	1 186 555 €	28 703 €	7752,4%
+ Release of reserves and provisions	7 648 780	5,8%	7 229 848	17,4%	6 156 486
+ Other operating income	668 529	92,7%	346 867	-11,0%	389 932
- Depreciation/Amortisation	8 551 414	-1,0%	8 639 210	4,8%	8 245 810
- Other charges	244 164	-75,1%	981 365	1894,7%	49 198
Operating result	1 775 595 €	-9,0%	1 951 939 €	447,3%	-562 035 €	24 913 €	7027,2%
	3,64 % CA	-5,2%	3,84 % CA	433,9%	-1,15 % CA	2,63 % CA	38,4%

Operating result	1 775 595 €	-9,0%	1 951 939 €	447,3%	-562 035 €	24 913 €	7027,2%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	2 147 146	-10,0%	2 384 490	-7,2%	2 569 444
- Financial charges	1 809 790	427,1%	343 372	14,4%	300 240
Pre-tax result	2 112 951 €	-47,1%	3 993 057 €	133,9%	1 707 169 €	16 600 €	12628,6%
	4,33 % CA	-44,9%	7,86 % CA	124,6%	3,50 % CA	1,92 % CA	125,5%

Extraordinary income	1 460 397	1501,4%	91 196	15,2%	79 185	1 045	139650,9%
- Extraordinary charges	1 008 560	298,8%	252 890	32,4%	191 002
Extraordinary result	451 837 €	379,4%	-161 694 €	-44,6%	-111 817 €	0 €	0%
	0,93 % CA	390,6%	-0,32 % CA	-39,1%	0 % CA	0 % CA	0%

Pre-tax result	2 112 951 €	-47,1%	3 993 057 €	133,9%	1 707 169 €	16 600 €	12628,6%
Extraordinary result	451 837 €	379,4%	-161 694 €	-44,6%	-111 817 €	0 €	0%
- Employee profit sharing	0	0%	167 128	0%	0
- Tax on profits	459 474	13,7%	403 955	222,5%	-329 669
Net result	2 105 314 €	-35,4%	3 260 280 €	69,4%	1 925 021 €	14 943 €	13989,0%
	4,32 % CA	-32,7%	6,42 % CA	62,5%	3,95 % CA	1,39 % CA	210,8%

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Establishment details

Activity (APE)	Fabrication de vêtements de dessous (1414Z)	Business Pages FT®
Postal Address	SIMONE PERELE SA 8 RUE FOURNIER 92110 CLICHY	Trading Address	8 RUE FOURNIER 92110 CLICHY
Telephone
Fax

Type	Head office	Status	Economically active
Formation Date	06/2009	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department	Hauts-de-Seine (92)	Region	Ile-de-France
District		Area
City	CLICHY	Size of urban area

Other establishments

Branches	1 branch entities in this company
Head office	> SIMONE PERELE SA <<<  - Fabrication de vêtements de dessous (1414Z)  in CLICHY  (92110)
Secondary establishments	>  SIMONE PERELE SA  - Fabrication de vêtements de dessous (1414Z)  in NEUILLY SUR SEINE  (92200) >  SIMONE PERELE SA  - Fabrication de vêtements de dessous (1414Z)  in VILLEBAROU  (41000) >  SIMONE PERELE SA  - Fabrication de vêtements de dessous (1414Z)  in FLEURY LES AUBRAIS  (45400)

Regionality	Legal unit with multiple establishments in many areas having at least 80% of workforce in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

200 to 249 employees

Company workforce

200 to 249 employees

event history

Status history

Date	Description
29/06/2009	Economically active

Recent publications in Gazettes

Publication date	Gazette Name	Description
06/10/2011	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1317 - 622 041 713 RCS Nanterre. SIMONE PERELE. Forme : Société par actions simplifiée. Administration : Président : GRODNER Philippe Serge Henri modification le 28 Septembre 2011 Directeur général délégué : GRODNER CATHERINE EPOUSE RIVIERE modification le 28 Septembre 2011 Commissaire aux comptes titulaire : CABINET COUTY Commissaire aux comptes suppléant : ROCH RENE Commissaire aux comptes titulaire : CHENE Olivier en fonction le 23 Novembre 2004 Commissaire aux comptes suppléant : AVELINES CONSEIL en fonction le 23 Novembre 2004. Activité : . Commentaires : Modification de la forme juridique. Modification de représentant.
11/02/2010	Bodacc C	Comptes annuels et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 9972 - 622041713 RCS. SIMONE PERELE. Forme : Société anonyme. Adresse : 8 rue Fournier 92110 Clichy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
11/02/2010	Bodacc C	Comptes annuels, consolidés et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 9973 - 622041713 RCS. SIMONE PERELE. Forme : Société anonyme. Adresse : 8 rue Fournier 92110 Clichy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
20/12/2009	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1628 - 622 041 713 RCS Nanterre. SIMONE PERELE. Forme : Société anonyme. Administration : Président directeur général : GRODNER Philippe Serge Henri modification le 26 Février 2008 Administrateur : RIVIERE Denis Jacques René modification le 09 Décembre 2009 Administrateur et directeur général délégué : GRODNER CATHERINE EPOUSE RIVIERE modification le 06 Novembre 2009 Administrateur : LEVY CATHERINE CLAUDE EPOUSE GRODNER modification le 23 Novembre 2004 Commissaire aux comptes titulaire : CABINET COUTY Commissaire aux comptes suppléant : ROCH RENE Commissaire aux comptes titulaire : CHENE Olivier en fonction le 23 Novembre 2004 Commissaire aux comptes suppléant : AVELINES CONSEIL en fonction le 23 Novembre 2004. Commentaires : Modification de représentant.
18/11/2009	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 989 - 622 041 713 RCS Nanterre. SIMONE PERELE. Forme : Société anonyme. Administration : Président directeur général : GRODNER Philippe Serge Henri modification le 26 Février 2008 Directeur général délégué : RIVIERE Denis Jacques René modification le 26 Février 2008 Administrateur et directeur général délégué : GRODNER CATHERINE EPOUSE RIVIERE modification le 06 Novembre 2009 Administrateur : LEVY CATHERINE CLAUDE EPOUSE GRODNER modification le 23 Novembre 2004 Commissaire aux comptes titulaire : CABINET COUTY Commissaire aux comptes suppléant : ROCH RENE Commissaire aux comptes titulaire : CHENE Olivier en fonction le 23 Novembre 2004 Commissaire aux comptes suppléant : AVELINES CONSEIL en fonction le 23 Novembre 2004. Commentaires : Modification de représentant.
26/07/2009	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 2559 - 622 041 713 RCS Nanterre. SIMONE PERELE. Forme : Société anonyme. Adresse du siège social : 8 rue Fournier, 92110 Clichy. Commentaires : Modification de l'adresse du siège.
29/01/2009	Bodacc C	Comptes annuels et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 9256 - 622041713 RCS. SIMONE PERELE. Forme : Société anonyme. Adresse : 5/15 rue Ybry et 19/21 Rue Garnier, 92200 Neuilly-sur-Seine. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
29/01/2009	Bodacc C	Comptes consolidés et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 9257 - 622041713 RCS. SIMONE PERELE. Forme : Société anonyme. Adresse : 5/15 rue Ybry et 19/21 Rue Garnier, 92200 Neuilly-sur-Seine. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
27/03/2008	Bodacc C	Comptes annuels et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 10879 - 622041713 RCS. SIMONE PERELE. Forme : Société anonyme. Adresse : 5/15 rue Ybry et 19/21 Rue Garnier, 92200 Neuilly-sur-Seine. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.
27/03/2008	Bodacc C	Comptes consolidés et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 10880 - 622041713 RCS. SIMONE PERELE. Forme : Société anonyme. Adresse : 5/15 rue Ybry et 19/21 Rue Garnier, 92200 Neuilly-sur-Seine. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.
06/03/2008	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 4687 - 622 041 713 RCS Nanterre. SIMONE PERELE. Forme : Société anonyme. Administration : Président directeur général : GRODNER Philippe Serge Henri modification le 26 Février 2008. Directeur général délégué : RIVIERE Denis Jacques René modification le 26 Février 2008. Administrateur : GRODNER CATHERINE EPOUSE RIVIERE modification le 23 Novembre 2004. Administrateur : LEVY CATHERINE CLAUDE EPOUSE GRODNER modification le 23 Novembre 2004. Commissaire aux comptes titulaire : CABINET COUTY. Commissaire aux comptes suppléant : ROCH RENE. Commissaire aux comptes titulaire : CHENE Olivier en fonction le 23 Novembre 2004. Commissaire aux comptes suppléant : AVELINES CONSEIL en fonction le 23 Novembre 2004. Commentaires : Modification de représentant.
18/03/2007	Bodacc C	Avis de dépôt des comptes
8447 - RCS Nanterre B 622 041 713. RC 95-B 987. SIMONE PERELE. Forme: S.A. Adresse du siège social: 5/15, rue Ybry,et 19/21, rue Garnier, 92200 Neuilly-sur-Seine. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
18/03/2007	Bodacc C	Avis de dépôt des comptes
8448 - RCS Nanterre B 622 041 713. RC 95-B 987. SIMONE PERELE. Forme: S.A. Adresse du siège social: 5/15, rue Ybry,et 19/21, rue Garnier, 92200 Neuilly-sur-Seine. Comptes consolidés et rapport de l'exercice clos le: 31 décembre 2005.
19/03/2006	Bodacc C	Avis de dépôt des comptes
4054 - RCS Nanterre B 622 041 713. RC 95-B 987. SIMONE PERELE. Forme: S.A. Adresse du siège social: 5/15, rue Ybry,et 19/21, rue Garnier, 92200 Neuilly-sur-Seine. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
09/12/2004	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 622041713 RC 95-B 987 SIMONE PERELE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : modification du P.-D.G. : GRODNER ( Philippe, Serge, Henri). Modification d' un directeur général délégué : RIVIERE ( Denis, Jacques, René).
09/12/2004	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 622041713 RC 95-B 987 SIMONE PERELE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : nomination d'un commissaire aux comptes titulaire : CHENE (Olivier). Nomination d'un commissaire aux comptes suppléant : AVELINES CONSEIL.
03/01/2002	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 622041713 RC 95-B 987 SIMONE PERELE. Forme : S.A. Capital : 1 000 000 d'euros. Commentaires : modification survenue sur le capital (augmentation).
19/10/1996	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 622 041 713 RC 95-B 987 SIMONE PERELE. Forme : S.A. Administration : président du conseil d'administration : GRODNER (Philippe, Serge, Henri). Directeur général et administrateur : RIVIERE (Denis, Jacques, René). Administrateurs : RIVIERE, née GRODNER ( Catherine) GRODNER, née LEVY ( Catherine, Claude). Commissaire aux comptes titulaire : CABINET COUTY. Commissaire aux comptes suppléant : ROCH (René). Commentaires : modification survenue sur l'administration.
16/03/1995	Bodacc B	Modifications et mutations diverses
RCS *. RCS Nanterre B 622 041 713 RC RC 95-B 987 SIMONE PERELE. Forme : S.A. Capital : 1 737 120 F. Adresse du siège social : 5-15, rue Ybry et 19-21, rue Garnier 92200 Neuilly-sur-Seine. Activité : fabrication, achat, vente de gaines, soutiens-gorges et tous articles, accessoires, participation directe ou indirecte de la société dans toutes opérations commerciales ou industrielles, financières, immobilières ou mobilières par voie de création de sociétés nouvelles, souscription ou achat de titres ou droits sociaux, fusion, alliance, association en participations ou autrement. Administration : président du conseil d'administration : GRODNER ( Philippe, Serge, Henri) Directeur général et administrateur : RIVIERE ( Denis, Jacques, René). Administrateurs Mme GRODNER, née PERELE (Simone) Mme RIVIERE, née GRODNER (Catherine) Mme GRODNER, née LEVY (Catherine, Claude). Commissaire aux comptes titulaire : CABINET COUTY. Commissaire aux comptes suppléant : ROCH (René). Commentaires : cette société transfère son siège du 91, rue Saint-Lazare, 75009 Paris. Ancien RC : 62-B 04171 Date de début d'activité: 1er janvier 1962. Date d'effet : 24 janvier 1995.

COMPANY EVENTS HISTORY

Date	Description
06/10/2011	Bodacc B: Various editing or changing
28/09/2011	Minutes of general meeting of shareholders
28/09/2011	Updated articles of association
28/09/2011	Appointment/resignation of company officers
28/09/2011	Audit or Management Report
01/08/2011	Other modification of Establishment (error correction)
01/08/2011	Update of Company Legal Form
10/12/2010	Collection of preferential rights activated for this company
11/02/2010	Bodacc C : Deposit accounts notice
20/12/2009	Bodacc B: Various editing or changing
09/12/2009	Minutes of Board meeting
08/12/2009	Registered office transferred inside jurisdiction of the Commercial Court
08/12/2009	Updated articles of association
18/11/2009	Bodacc B: Various editing or changing
06/11/2009	Minutes of Board meeting
06/11/2009	Changes to the Board of Directors
26/07/2009	Bodacc B: Various editing or changing
17/07/2009	Private document
17/07/2009	Minutes of Board meeting
17/07/2009	Registered office transferred inside jurisdiction of the Commercial Court
29/06/2009	Update of Company Head Office Identifier
29/06/2009	Transfer of Establishment
29/01/2009	Bodacc C : Deposit accounts notice
31/12/2008	New consolidated accounts available
31/12/2008	New accounts available
27/03/2008	Bodacc C : Deposit accounts notice
06/03/2008	Bodacc B: Various editing or changing
06/03/2008	New Bodacc B ads detected
26/02/2008	Minutes of general meeting of shareholders
26/02/2008	PV d'Assemblée
26/02/2008	Private document
26/02/2008	Statuts mis à jour
26/02/2008	Updated articles of association
26/02/2008	Modification du Conseil d'Administration
26/02/2008	Minutes of Board meeting
26/02/2008	PV du Conseil d'Administration
31/12/2007	New consolidated accounts available
31/12/2007	New accounts available
31/12/2006	New consolidated accounts available
31/12/2006	New accounts available
31/12/2005	New accounts available
31/12/2005	New consolidated accounts available
31/12/2004	New accounts available
23/11/2004	Nomination/démission des organes de gestion
23/11/2004	PV d'Assemblée
23/11/2004	Minutes of general meeting of shareholders
23/11/2004	Amendment
23/11/2004	Acte modificatif
23/11/2004	Acte sous seing privé
23/11/2004	Minutes of Board meeting
23/11/2004	Appointment/resignation of company officers
23/11/2004	Private document
23/11/2004	PV du Conseil d'Administration
31/12/2003	New accounts available
19/12/2001	Statuts mis à jour
19/12/2001	PV d'Assemblée
19/12/2001	Acte sous seing privé
19/12/2001	Augmentation de Capital
19/12/2001	Conversion du Capital Social en Euros
05/10/1996	Acte modificatif
05/10/1996	Modification du Conseil d'Administration
05/10/1996	PV d'Assemblée
17/02/1995	PV d'Assemblée
17/02/1995	Immatriculation suite à transfert
17/02/1995	Statuts mis à jour
17/02/1995	Statuts
17/02/1995	PV du Conseil d'Administration
09/02/1995	Transfert du Siège hors du ressort du Tribunal de Commerce
09/02/1995	Acte modificatif
09/02/1995	Statuts mis à jour
09/02/1995	PV du Conseil d'Administration
19/10/1994	Modification du Conseil d'Administration
19/10/1994	Acte modificatif
19/10/1994	PV d'Assemblée
18/02/1994	PV d'Assemblée
18/02/1994	Statuts
13/09/1993	PV d'Assemblée
13/09/1993	Acte modificatif
13/09/1993	Changement de Commissaire aux Comptes
05/10/1992	Acte modificatif
05/10/1992	Changement de Président (PDG, PCA)
05/10/1992	Nomination/démission des organes de gestion
05/10/1992	PV du Conseil d'Administration
05/10/1992	Modification du Conseil d'Administration

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.65
UK Pound	1	Rs.79.09
Euro	1	Rs.65.32

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.