MIRA INFORM REPORT

Report Date :

18.01.2012

IDENTIFICATION DETAILS

Name :	HABITAT FRANCE SA

Registered Office :	Habitat, 3 Eme Etage, 33 Av De Wagram, 75017 Paris 17

Country :	France

Financials (as on) :	27.03.2007

Date of Incorporation :	January 1974

Com. Reg. No.:	RCS Paris B 732 027 271

Legal Form :	Public limited company with board of directors

Line of Business :	Retail sale of other household equipment

No. of Employees :	654

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate

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

HABITAT FRANCE SA

SIRET

732 027 271 00582

company summary

Activity (APE)	Commerce de détail d'autres équipements du foyer (4759B) (Retail sale of other household equipment(4759B))	Legal form	Public limited company with board of directors
Phone	01 55 37 44 50	RCS Registration	RCS Paris B 732 027 271
Fax		Share capital	2,972,900 Euros
Address	HABITAT FRANCE SA HABITAT 3 EME ETAGE 33 AV DE WAGRAM 75017 PARIS 17	Incorporated Date
Nationality	France	Status	Closed

company details

Company details

Activity (APE)	Commerce de détail d'autres équipements du foyer (4759B) (Retail sale of other household equipment(4759B))
RCS Registration	RCS Paris B 732 027 271	Share capital	2,972,900 Euros
Registration Court	Paris (75)	Legal form	Public limited company with board of directors
Court Registry Number	73 B 02727	EU VAT Number	FR79732027271
Incorporation Date		Formation Date	01/1974
Deregistration Date		Last account Date	27/03/2007
Nationality	France

DIRECTORS/MANAGEMENT

directors

Name	M. RAVNBOL JENS
Manager position	Président du conseil d'administration	Date of birth	12/08/1965
Place of birth	SLAGELSE DANEMARK
Type of manager	Individual	Name at birth of manager

Name	M. CECILLON PAUL-HENRI
Manager position	Directeur général, Administrateur	Date of birth	06/01/1964
Place of birth	MULHOUSE
Type of manager	Individual	Name at birth of manager

Name	M. ROJKJAER CHRISTIAN
Manager position	Administrateur	Date of birth	12/09/1953
Place of birth	DANEMARK
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
Administrateur	MME MICHAELA WELBY

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

Status of collection

This company is not under monitoring

SHARE & SHARE CAPITAL INFORMATION

Share capital

2,972,900 Euros

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

Group Data

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

FINANCIAL INFORMATION

Accounts

Active Account | Passive Account | Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	27/03/2007	27/03/2006	27/03/2005
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	-	-	-
Activity Code	4759B	4759B	4759B
Employees	654	676	692

Active account

Annual Accounts	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	16 459 621	0,1%	16 446 192	-14,6%	19 250 784	37 220	44122,5%
- Intangible assets	2 016 201	-0,5%	2 026 694	24,4%	1 629 745	5 302	37927,2%
- Tangible assets	9 985 894	7,8%	9 259 916	-19,1%	11 441 847	8 460	117936,6%
- Financial assets	4 457 526	-13,6%	5 159 584	-16,5%	6 179 191	900	495180,7%
Net current assets	36 100 406	9,0%	33 133 768	-7,1%	35 663 935	94 322	38173,6%
- Stocks	19 753 897	5,4%	18 747 629	-12,2%	21 358 985	42 702	46159,9%
- Advanced payments	2 315 016	9,0%	19 996	0%	19 996	0	0%
- Receivables	5 705 369	-23,9%	7 492 515	-0,8%	7 552 125	9 751	58410,6%
- Securities and cash	8 326 125	21,1%	6 873 629	2,1%	6 732 828	13 762	60400,8%
- Prepaid expenses	-	-	-	-	-	442	-
Accounts of regularization	229 232	622,0%	31 749	-57,1%	73 991	0	0%
Total Assets	52 789 258	6,4%	49 611 710	-9,8%	54 988 709	152 708	34468,8%

Passive Account

Annual Accounts	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Shareholders' equity	7 994 681	4,6%	7 645 724	332,2%	1 768 951	26 967	29546,2%
Share capital	2 972 900	0%	2 972 900	0%	2 972 900	8 000	37061,2%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	989 956	-21,0%	1 252 475	-72,3%	4 515 312	0	0%
Liabilities	43 770 641	7,8%	40 617 475	-16,6%	48 702 318	110 516	39505,7%
- Financial liabilities	19 170 860	-6,1%	20 426 679	-21,8%	26 122 445	30 091	63609,6%
- Advanced payments received	398 501	-18,0%	485 910	27,8%	380 294	0	0%
- Trade account payables	14 166 105	62,7%	8 707 652	-26,4%	11 827 166	24 314	58163,2%
- Tax and social liabilities	7 759 156	-2,1%	7 926 968	-13,6%	9 178 397	19 313	40075,8%
- Other debts and fixed assets liabilities	2 310 000	-27,0%	3 166 302	164,7%	1 196 144	4 701	49038,5%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	52 789 258	6,4%	49 611 710	-9,8%	54 988 709	152 708	34468,8%

Results

Annual Accounts	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Sales of Goods	145 026 958	-2,8%	149 145 996	-1,8%	151 847 123	209 778	69033,5%
Net turnover	143 720 467	-0,5%	144 509 849	-0,6%	145 354 395	207 131	69286,3%
- of which net export turnover	35 901 969	-2,0%	36 648 108	-8,5%	40 064 044	0	0%
Operating charges	144 960 848	-0,9%	146 209 739	-5,5%	154 694 630	207 129	69885,8%
Operating profit/loss	66 111	-97,7%	2 936 257	203,1%	-2 847 507	4 133	1499,6%
Financial income	264 908	32,8%	199 419	12,3%	177 628	0	0%
Financial charges	738 046	9,6%	673 642	0,7%	668 690	1 232	59806,3%
Financial profit/loss	-473 138	0,2%	-474 224	3,4%	-491 062	-839	-56293,1%
Pretax net operating income	-407 027	-116,5%	2 462 033	173,7%	-3 338 569	2 649	-15465,3%
Extraordinary income	1 027 331	-72,9%	3 788 929	2003,2%	180 150	0	0%
Extraordinary charges	271 347	-21,2%	344 189	37,8%	249 733	66	411031,8%
Extraordinary profit/loss	755 984	-89,9%	3 444 740	5050,5%	-69 583	0	0%
Net result	348 957	-94,1%	5 876 774	270,9%	-3 438 152	3 141	11009,7%

Display parameter
Currency	Euro	Kilo Euro

	Normal Account		27/03/2007		27/03/2006		27/03/2005
	Months		12		12		12

Accounts - Active
Current Assets | Equalization accounts | Reference

Grand Total - Passive Accounts (I to IV)

		27/03/2007		27/03/2006		27/03/2005
Grand Total (I to VI)	Net	52 789 258	6,4%	49 611 710	-9,8%	54 988 709
Gross	CO	86 969 843	5,5%	82 447 560	-7,2%	88 799 983
Amortisation	1A	34 180 584	4,1%	32 835 850	-2,9%	33 811 274

Non declared distributed capital (I)

		27/03/2007		27/03/2006		27/03/2005
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	-	-	-	-	-

Active fixed asset (II)

		27/03/2007		27/03/2006		27/03/2005
Total Active fixed asset (II)	Net	16 459 621	0,1%	16 446 192	-14,6%	19 250 784
Gross	BJ	49 159 972	2,7%	47 881 378	-6,8%	51 381 900
Amortisation	BK	32 700 352	4,0%	31 435 186	-2,2%	32 131 116

Intangilble fixed assets

			27/03/2007		27/03/2006		27/03/2005
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	292 321	0%	292 321	-38,0%	471 313
	Amortisation	AC	292 321	0%	292 321	-38,0%	471 313
	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	2 009 757	2,1%	1 967 664	73,9%	1 131 222
	Gross	AH	3 381 798	1,3%	3 339 705	33,4%	2 503 263
	Amortisation	AI	1 372 041	0%	1 372 041	0%	1 372 041
	Other intangible fixed assets	Net	6 444	-89,1%	59 030	-88,2%	498 523
	Gross	AJ	1 260 167	0%	1 260 167	46,1%	862 395
	Amortisation	AK	1 253 723	4,4%	1 201 137	230,1%	363 872
	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	2 016 201	-0,5%	2 026 694	24,4%	1 629 745

Tangilble fixed assets

		27/03/2007		27/03/2006		27/03/2005
Lands	Net	900 324	276,7%	239 010	0,0%	239 008
Gross	AN	900 324	276,7%	239 010	0%	239 010
Amortisation	AO	0	0%	0	0%	02
Buildings	Net	338 783	-5,9%	360 149	-5,6%	381 680
Gross	AP	2 181 369	-0,1%	2 183 199	-0,7%	2 197 971
Amortisation	AQ	1 842 586	1,1%	1 823 050	0,4%	1 816 291
Plant	Net	56 201	-44,9%	102 070	-45,7%	187 940
Gross	AR	674 570	0%	674 570	-6,2%	719 409
Amortisation	AS	618 369	8,0%	572 500	7,7%	531 469
Other tangible fixed assets	Net	8 552 407	0,7%	8 492 325	-5,7%	9 009 422
Gross	AT	35 873 719	3,5%	34 666 461	-5,2%	36 585 552
Amortisation	AU	27 321 312	4,4%	26 174 136	-5,1%	27 576 130
Fixed assets in construction	Net	138 179	108,2%	66 362	-95,9%	1 623 797
Gross	AV	138 179	108,2%	66 362	-95,9%	1 623 797
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	9 985 894		9 259 916		11 441 847

Financial assets

		27/03/2007		27/03/2006		27/03/2005
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	150 015	0%	150 015	0%	150 015
Gross	CU	150 015	0%	150 015	0%	150 015
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	750 000	-50,0%	1 500 000	-37,5%	2 400 000
Gross	BB	750 000	-50,0%	1 500 000	-37,5%	2 400 000
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	3 557 511	1,4%	3 509 569	-3,3%	3 629 176
Gross	BH	3 557 511	1,4%	3 509 569	-3,3%	3 629 176
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		4 457 526		5 159 584		6 179 191

Current Assets (III)

		27/03/2007		27/03/2006		27/03/2005
Total Assets	Net	36 100 406	9,0%	33 133 768	-7,1%	35 663 935
Gross	CJ	37 580 638	8,8%	34 534 433	-7,5%	37 344 092
Amortisation	CK	1 480 233	5,7%	1 400 665	-16,6%	1 680 157

Stocks

		27/03/2007		27/03/2006		27/03/2005
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	19 753 897	5,4%	18 747 629	-12,2%	21 358 985
Gross	BT	20 596 450	4,0%	19 809 727	-12,4%	22 611 077
Amortisation	BU	842 553	-20,7%	1 062 098	-15,2%	1 252 092
Sub Total Stocks	Net	19 753 897	5,4%	18 747 629	-12,2%	21 358 985

Advance payments to suppliers

		27/03/2007		27/03/2006		27/03/2005
Advance payments to suppliers	Net	2 315 016	11477,4%	19 996	0%	19 996
Gross	BV	2 315 016	11477,4%	19 996	0%	19 996
Amortisation	BW	0	0%	0	0%	0

Debtors

		27/03/2007		27/03/2006		27/03/2005
Trade accounts receivable	Net	4 284 171	-8,0%	4 657 623	-21,5%	5 933 121
Gross	BX	4 921 849	-1,5%	4 996 190	-21,5%	6 361 186
Amortisation	BY	637 678	88,3%	338 567	-20,9%	428 065
Other debtors	Net	1 045 059	-26,1%	1 414 801	-5,3%	1 493 761
Gross	BZ	1 045 059	-26,1%	1 414 801	-5,3%	1 493 761
Amortisation	CA	0	0%	0	0%	0
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	5 329 230	-12,2%	6 072 424	-18,2%	7 426 882

Divers

		27/03/2007		27/03/2006		27/03/2005
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	8 326 125	21,1%	6 873 629	2,1%	6 732 828
Gross	CF	8 326 125	21,1%	6 873 629	2,1%	6 732 828
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	8 326 125	21,1%	6 873 629	2,1%	6 732 828

Prepaid expenses

		27/03/2007		27/03/2006		27/03/2005
Prepaid expenses	Net	376 139	-73,5%	1 420 091	1033,9%	125 243
Gross	CH	376 139	-73,5%	1 420 091	1033,9%	125 243
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		27/03/2007		27/03/2006		27/03/2005
Multi-period charges	CW3	0	0%	1 054	70,6%	618
Gross		-	-	-	-	-
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		-	-	-	-	-
Currency differential gain	CN3	229 232	646,8%	30 695	-58,2%	73 373
Gross		-	-	-	-	-

References

		27/03/2007		27/03/2006		27/03/2005
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	3 557 511	1,4%	3 509 569	-3,3%	3 629 176

Display parameter
Currency	Euro	Kilo Euro

			27/03/2007		27/03/2006		27/03/2005
	Grand Total (I to V)	EE	52 789 258	6,4%	49 611 710	-9,8%	54 988 709

Shareholder Equity (I)

		27/03/2007		27/03/2006		27/03/2005
Total shareholders' equity (Total I)	DL	7 994 681	4,6%	7 645 724	332,2%	1 768 951
Equity and shareholders' equity	DA	2 972 900	0%	2 972 900	0%	2 972 900
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	1 483 119	0%	1 483 119	0%	1 483 119
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	3 844 002	0%	3 844 002	0%	3 844 002
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	-654 297	90,0%	-6 531 070	-111,2%	-3 092 918
Profit or loss for the period	DI	348 957	-94,1%	5 876 774	270,9%	-3 438 152
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

		27/03/2007		27/03/2006		27/03/2005
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)

		27/03/2007		27/03/2006		27/03/2005
Total provisions for risks and charges (Total III)	DR	989 956	-21,0%	1 252 475	-72,3%	4 515 312
Risk provisions	DP	989 956	-21,0%	1 252 475	-72,3%	4 515 312
Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

		27/03/2007		27/03/2006		27/03/2005
Total Liabilities (Total IV)	EC	43 770 641	7,8%	40 617 475	-16,6%	48 702 318
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	167 826	-81,8%	923 645	673,5%	119 411
Sundry loans and financial liabilities	DV	19 003 034	-2,6%	19 503 034	-25,0%	26 003 034
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	398 501	-18,0%	485 910	27,8%	380 294
Trade accounts payables	DX	14 166 105	62,7%	8 707 652	-26,4%	11 827 166
Tax and social security liabilities	DY	7 759 156	-2,1%	7 926 968	-13,6%	9 178 397
Fixed asset liabilities	DZ	64 020	-93,9%	1 055 019	227,5%	322 106
Other debts	EA	2 211 999	9,8%	2 015 247	131,1%	871 910

Translation loss (V)

			27/03/2007		27/03/2006		27/03/2005
	Translation loss (Total V)	ED	33 981	-64,6%	96 036	4413,0%	2 128

Equalization accounts

			27/03/2007		27/03/2006		27/03/2005
	Deferred income	EB	0	0%	0	0%	0

References

		27/03/2007		27/03/2006		27/03/2005
Of which tax-allowable reserve	EF	0	0%	3 844 002	0%	3 844 002
Deferred income and liabilities	EG	34 369 106	10,4%	31 128 530	39,5%	22 318 990
Of which current bank facilities	EH	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

			27/03/2007		27/03/2006		27/03/2005
	Operating result (Total I-II)	GG	66 111	-97,7%	2 936 257	203,1%	-2 847 507

2 - Financial result (V - VI)

			27/03/2007		27/03/2006		27/03/2005
	Financial result (Total V-VI)	GV	-473 138	0,2%	-474 224	3,4%	-491 062

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

			27/03/2007		27/03/2006		27/03/2005
	Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	-407 027	-116,5%	2 462 033	173,7%	-3 338 569

4 - Extraordinary result (VII-VIII)

			27/03/2007		27/03/2006		27/03/2005
	Extraordinary result (Total VII-VIII)	HI	755 984	-78,1%	3 444 740	5050,5%	-69 583

Profit or loss

			27/03/2007		27/03/2006		27/03/2005
	Profit or loss	HN	348 957	-94,1%	5 876 774	270,9%	-3 438 152

Total Income (I+III+V+VII)

			27/03/2007		27/03/2006		27/03/2005
	Total Income (I+III+V+VII)	HL	146 319 198	-4,5%	153 134 344	0,6%	152 204 902

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

			27/03/2007		27/03/2006		27/03/2005
	Total charges (Total II+IV+VI+VIII+IX+X)	HM	145 970 241	-0,9%	147 257 570	-5,4%	155 643 053

Operating income (I)

			27/03/2007		27/03/2006		27/03/2005
	Total operating income (Total I)	FR	145 026 958	-2,8%	149 145 996	-1,8%	151 847 123

Operating income (details)

		27/03/2007		27/03/2006		27/03/2005
Sale of goods for resale	FC	141 536 811	-0,7%	142 537 229	0,7%	141 581 703
France	FA	105 669 435	-0,2%	105 889 121	2,8%	102 993 164
Export	FB	35 867 376	-2,1%	36 648 108	-5,0%	38 588 539
Sale of goods produced	FF	-42 528	1,4%	-43 111	66,1%	-127 306
France	FD	-42 528	1,4%	-43 111	66,1%	-127 198
Export	FE	0	0%	0	0%	-109
Sale of services	FI	2 226 184	10,4%	2 015 731	-48,3%	3 899 999
France	FG	2 191 591	8,7%	2 015 731	-16,9%	2 424 384
Export	FH	34 593	0%	0	0%	1 475 614
Net turnover	FL	143 720 467	-0,5%	144 509 849	-0,6%	145 354 395
France	FJ	107 818 498	0,0%	107 861 741	2,4%	105 290 351
Export	FK	35 901 969	-2,0%	36 648 108	-8,5%	40 064 044
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	1 097 845	-75,6%	4 497 436	-28,2%	6 265 318
Other income	FQ	208 646	50,4%	138 711	-39,0%	227 410

Operating charges (II)

			27/03/2007		27/03/2006		27/03/2005
	Total operating charges (Total II)	GF	144 960 848	-0,9%	146 209 739	-5,5%	154 694 630

Exploitation charges

		27/03/2007		27/03/2006		27/03/2005
Purchase of goods for resale	FS	72 170 272	2,0%	70 737 549	-8,2%	77 050 198
Change in stocks of goods for resale	FT	-786 724	-128,1%	2 801 350	180,8%	-3 466 283
Purchase of raw materials	FU	0	0%	0	0%	0
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	46 749 406	8,4%	43 121 473	-4,9%	45 338 177
Tax, duty and similar payments	FX	2 493 671	-24,0%	3 279 249	9,5%	2 993 653
Payroll	FY	15 845 274	-3,7%	16 451 968	-3,9%	17 115 177
Social security costs	FZ	5 359 978	-0,9%	5 408 375	-10,2%	6 020 094

Depreciation

		27/03/2007		27/03/2006		27/03/2005
Depreciation of fixed assets	GA	2 169 221	-32,3%	3 203 759	2,5%	3 125 302
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	495 765	20,1%	412 700	-82,0%	2 295 050
Provisions for risks and charges	GD	185 767	-68,2%	585 084	-81,4%	3 149 277

Other charges

			27/03/2007		27/03/2006		27/03/2005
	Other charges	GE	278 217	33,6%	208 231	-80,6%	1 073 986

Operating charges (III-IV)

		27/03/2007		27/03/2006		27/03/2005
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)

		27/03/2007		27/03/2006		27/03/2005
Total financial income (Total V)	GP	264 908	32,8%	199 419	12,3%	177 628
Share financial income	GJ	182 176	179,0%	65 289	2735,0%	2 303
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	52 037	-14,4%	60 757	880,6%	6 196
Released provisions and transferred charges	GM	30 695	-58,2%	73 373	-56,6%	169 128
Exchange gains	GN	0	0%	0	0%	0
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		27/03/2007		27/03/2006		27/03/2005
Total financial charge (Total VI)	GU	738 046	9,6%	673 642	0,7%	668 690
Financial reserves and provisions	GQ	229 232	646,8%	30 695	-58,2%	73 373
Interest and similar charges	GR	508 814	-20,9%	642 947	28,7%	499 562
Exchange losses	GS	0	0%	0	0%	95 756
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Financial Charge (VII)

		27/03/2007		27/03/2006		27/03/2005
Total extraordinary income (Total VII)	HD	1 027 331	-72,9%	3 788 929	2003,2%	180 150
Extraordinary operating income	HA	1 027 331	4395,4%	22 853	-87,3%	180 150
Extraordinary income from capital transactions	HB	0	0%	3 766 076	0%	0
Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

		27/03/2007		27/03/2006		27/03/2005
Total extraordinary charges (Total VIII)	HH	271 347	-21,2%	344 189	37,8%	249 733
Extraordinary operating charges	HE	242 916	107,2%	117 238	-53,1%	249 733
Extraordinary charges from capital transactions	HF	28 432	-87,5%	226 951	0%	0
Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

			27/03/2007		27/03/2006		27/03/2005
	Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

			27/03/2007		27/03/2006		27/03/2005
	Tax on profits (Total X)	HK	0	0%	30 000	0%	30 000

References

		27/03/2007		27/03/2006		27/03/2005
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	0	0%	54 029
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)

		27/03/2007		27/03/2006		27/03/2005
Gross value at begin of period	OG	47 881 378	-6,8%	51 381 900	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	3 050 376	-9,6%	3 374 351	-54,2%	7 370 446
Decreasess by budget item transfer	OK1	0	0%	0	0%	0
Decreasess by transfers	OK2	1 771 782	-74,2%	6 874 873	238,4%	2 031 687
Gross value at the end of period	OL	49 159 972	2,7%	47 881 378	0%	0

Research and development Charge (Total I)

		27/03/2007		27/03/2006		27/03/2005
Gross value at begin of period	CZ	292 321	-38,0%	471 313	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%	178 992	0%	0
Gross value at the end of period	D0	292 321	0%	292 321	0%	0

Other budget item from Intangible fixed assets (Total II)

		27/03/2007		27/03/2006		27/03/2005
Gross value at begin of period	KD	4 599 872	36,7%	3 365 658	0%	0
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	42 093	-96,7%	1 267 292	102,7%	625 354
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	33 078	0%	0
Gross value at the end of period	LW	4 641 965	0,9%	4 599 872	0%	0

Tangible fixed assets (Total III)

		27/03/2007		27/03/2006		27/03/2005
Gross value at begin of period	LN	37 829 601	-8,5%	41 365 738	0%	0
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	2 937 408	46,7%	2 002 231	-51,2%	4 103 405
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	998 849	-82,0%	5 538 368	0%	0
Gross value at the end of period	NH	39 768 161	5,1%	37 829 601	0%	0

Fiancial assets (Total IV)

		27/03/2007		27/03/2006		27/03/2005
Gross value at begin of period	LQ	5 159 585	-16,5%	6 179 191	0%	0
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	70 875	-32,4%	104 828	0%	0
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	772 933	-31,3%	1 124 434	0%	0
Gross value at the end of period	NK	4 457 526	-13,6%	5 159 585	0%	0

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

			27/03/2007		27/03/2006		27/03/2005
	Reserve for depreciation value at begin of period	0N	31 435 186	-2,2%	32 131 116	5,7%	30 395 875
Increases		0P	2 169 221	-32,3%	3 203 759	2,5%	3 125 302
Decreasess		0Q	904 055	-76,8%	3 899 689	180,5%	1 390 060
	Reserve for depreciation value at the end of period	0R	32 700 352	4,0%	31 435 186	-2,2%	32 131 116

Research and development charge (Total I)

			27/03/2007		27/03/2006		27/03/2005
	Reserve for depreciation value at begin of period	CY	292 321	-38,0%	471 313	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	178 992	0%	0
	Decreasess by budget item transfer	PD	292 321	0%	292 321	-38,0%	471 313

Other intangible assets (Total II)

			27/03/2007		27/03/2006		27/03/2005
	Reserve for depreciation value at begin of period	PE	2 573 179	48,2%	1 735 913	0%	0
Increases		PF	52 586	-94,0%	870 344	0%	0
Decreasess		PG	0	0%	33 078	0%	0
	Decreasess by budget item transfer	PH	2 625 764	2,0%	2 573 179	48,2%	1 735 913

Total fixed assets amotisation (Total III)

			27/03/2007		27/03/2006		27/03/2005
	Reserve for depreciation value at begin of period	QU	28 569 686	-4,5%	29 923 891	0%	0
Increases		QV	2 116 635	-9,3%	2 333 415	0%	0
Decreases		QW	904 055	-75,5%	3 687 619	0%	0
	Decreasess by budget item transfer	QX	29 782 267	4,2%	28 569 686	-4,5%	29 923 891

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

			27/03/2007		27/03/2006		27/03/2005
	Gross value at begin of period	Z91	0	0%	618	0%	0
Increases		Z92	0	0%	436	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	1 054	0%	0

Premium refund of obligations

			27/03/2007		27/03/2006		27/03/2005
	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)

			27/03/2007		27/03/2006		27/03/2005
	Value at begining of period	7C	2 653 139	-57,2%	6 195 469	0%	0
Increases		UB	945 589	-8,1%	1 028 479	0%	0
Decreases		UC	1 128 540	-75,3%	4 570 809	0%	0
	Value at the end of period	UD	2 470 188	-6,9%	2 653 139	0%	0

Includes Total allocations

Operating	UE	716 357	-28,2%	997 784	0%
Financial	UG	229 232	646,8%	30 695	0%
Exceptional	UJ	0	0%	0	0%

Includes Total Withdrawal

Operating	UF	1 097 845	-75,6%	4 497 436	-27,6%	6 211 289
Financial	UH	30 695	-58,2%	73 373	-56,6%	169 128
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			27/03/2007		27/03/2006		27/03/2005
	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)

			27/03/2007		27/03/2006		27/03/2005
	Value at begining of period	5Z	1 252 475	-72,3%	4 515 312	0%	0
Increases		TV	414 999	-32,6%	615 779	0%	0
Decreases		TW	677 518	-82,5%	3 878 616	0%	0
	Value at the end of period	TX	989 956	-21,0%	1 252 475	0%	0

Total Provision for depreciation (Total III)

			27/03/2007		27/03/2006		27/03/2005
	Value at begining of period	7B	1 400 665	-16,6%	1 680 157	-16,2%	2 004 527
Increases		TY	530 590	28,6%	412 700	-82,0%	2 295 050
Decreases		TZ	451 022	-34,8%	692 193	-73,6%	2 619 420
	Value at the end of period	UA	1 480 233	5,7%	1 400 665	-16,6%	1 680 157

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

		27/03/2007		27/03/2006		27/03/2005
Gross value	VT	10 650 558	-17,1%	12 840 651	-8,3%	14 009 367
1 year at most	VU	7 093 047	-44,8%	12 840 651	23,7%	10 380 191
More than one year	VV	3 557 511	0%	0	0%	3 629 176

State of loans

		27/03/2007		27/03/2006		27/03/2005
Claims related to holdings (gross)	UL	750 000	-50,0%	1 500 000	0%	0
Claims related to shareholdings (1 year at most)	UM	750 000	-50,0%	1 500 000	-37,5%	2 400 000
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	3 557 511	1,4%	3 509 569	0%	0
Other financial assets (1 year at most)	UV	0	0%	3 509 569	0%	0

Receivables statement of assets

		27/03/2007		27/03/2006		27/03/2005
Customers doubtful or disputed	VA	106 743	-16,9%	128 391	-28,8%	180 260
Other claims customer	UX	4 815 106	-1,1%	4 867 798	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	15 687	-46,1%	29 077	55,7%	18 677
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	905 356	-24,1%	1 193 045	-1,1%	1 206 865
Other taxes and payments assimilated	VN	4 744	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	92 750	-10,9%	104 081	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	26 522	-70,1%	88 599	0%	0

Prepaid

			27/03/2007		27/03/2006		27/03/2005
	Prepaid	VS	376 139	-73,5%	1 420 091	0%	0

State Debt

			27/03/2007		27/03/2006		27/03/2005
	Total debt (gross)	VY	43 372 140	8,1%	40 131 564	-16,9%	48 322 024
1 year at most		VZ2	34 369 106	10,4%	31 128 530	39,5%	22 318 990
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	26 003 034
More than 5 years		VZ4	9 003 034	0%	9 003 034	0%	0

Details

			27/03/2007		27/03/2006		27/03/2005
	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	167 826	-81,8%	923 645	673,5%	119 411
1 year at most		VG2	167 826	-81,8%	923 645	673,5%	119 411
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%	3 566 838	-12,5%	4 076 039
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	19 003 034	-2,6%	19 503 034	0%	0
1 year at most		8A2	10 000 000	-4,8%	10 500 000	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	14 166 105	62,7%	8 707 652	0%	0
1 year at most		8B2	14 166 105	62,7%	8 707 652	-26,4%	11 827 166
More than 1 year and 5 years at most		8B3	0	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	3 433 199	-3,7%	3 566 838	-12,5%	4 076 039
1 year at most		8C2	3 433 199	-3,7%	3 566 838	-12,5%	4 076 039
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	1 699 500	-4,3%	1 775 734	-29,2%	2 509 849
1 year at most		8D2	1 699 500	-4,3%	1 775 734	-29,2%	2 509 849
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	1 658 295	3,2%	1 606 814	1,0%	1 590 241
1 year at most		VW2	1 658 295	3,2%	1 606 814	1,0%	1 590 241
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	968 163	-1,0%	977 581	-2,5%	1 002 269
1 year at most		VQ2	968 163	-1,0%	977 581	-2,5%	1 002 269
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	64 020	-93,9%	1 055 019	0%	0
1 year at most		8J2	64 020	-93,9%	1 055 019	227,5%	322 106
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	82	-99,7%	26 275	16961,7%	154
1 year at most		VI2	82	-99,7%	26 275	16961,7%	154
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	2 211 917	11,2%	1 988 972	0%	0
1 year at most		8K2	2 211 917	11,2%	1 988 972	128,2%	871 756
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

		27/03/2007		27/03/2006		27/03/2005
Loans made during the period	VJ	11 000 000	0%	0	0%	0
Debt repaid during the period	VK	11 500 000	76,9%	6 500 000	0%	0

Table allocation results and other information
Dividends distributed

			27/03/2007		27/03/2006		27/03/2005
	Dividends	ZE	0	0%	0	0%	0

Commitments

		27/03/2007		27/03/2006		27/03/2005
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	1 782 944	-48,3%	3 448 204	-49,1%	6 775 324
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		27/03/2007		27/03/2006		27/03/2005
Subcontracting	YT	576 042	-1,8%	586 475	42,0%	412 890
Rentals, rental charges and condominiums	XQ	14 683 851	2,2%	14 361 519	0%	0
Staff outside the company	YU	49 315	10,5%	44 617	79,9%	24 795
Remuneration intermediaries and fees (excluding fees)	SS	18 941 577	23,9%	15 291 621	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	12 498 621	-2,6%	12 837 241	0%	0
Total Other purchases and external	ZJ	46 749 406	1325,6%	43 121 473	0%	0

Taxes and Fees

		27/03/2007		27/03/2006		27/03/2005
Business tax	YW	930 622	-13,5%	1 075 901	0%	0
Other taxes and payments assimilated	9Z	1 563 048	-29,1%	2 203 348	0%	0
Total taxes and fees	YX	2 493 671	-24,0%	3 279 249	0%	0

VAT

		27/03/2007		27/03/2006		27/03/2005
Amount VAT collected	YY	0	0%	0	0%	22 069 107
Total VAT on goods and services	YZ	0	0%	0	0%	18 573 949

Average number of employees

			27/03/2007		27/03/2006		27/03/2005
	Average number of employees	YP	654	-3,3%	676	-2,3%	692

Groups and Shareholders

			27/03/2007		27/03/2006		27/03/2005
	Groups and Shareholders	ZR	-	-	-	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Fixed Asset Financing	1,24	-2,4%	1,27	0,8%	1,26	1,49	-16,8%
Global Debt	110 days	8,9%	101 days	-16,5%	121 days	169 days	-34,9%
Working Capital Fund overall net	29 days	-9,4%	32 days	-3,0%	33 days	48 days	-39,6%
Financial independence	4763,67%	475,5%	827,78%	-44,1%	1481,40%	98,54%	4734,3%
More ratios
Solvability	15,14%	-1,8%	15,41%	378,6%	3,22%	21,85%	-30,7%
Capacity debt futures	4763,67%	2697,7%	170,27%	303,9%	42,16%	494,50%	863,3%
Coverage of current assets by net working capital overall	31,44%	-19,2%	38,89%	10,0%	35,35%	33,77%	-6,9%
General Liquidity	0,21	-48,8%	0,41	-12,8%	0,47	0,13	61,5%
Restricted Liquidity	0,45	-28,6%	0,63	-18,2%	0,77	0,41	9,8%

Management or rotation

	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Need background in operating working capital	7 days	-41,7%	12 days	-20,0%	15 days	9 days	-22,2%
Treasury	21 days	23,5%	17 days	0%	17 days	2 days	950,0%
Inventory turnover of goods	104 days	7,2%	97 days	-12,6%	111 days	165 days	-37,0%
Average length of credit granted to customers	12 days	0%	12 days	-14,3%	14 days	2 days	500%
Average length of credit obtained suppliers	43 days	59,3%	27 days	-12,9%	31 days	53 days	-18,9%
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	361 days	-5,5%	382 days	-	days	983 days	-63,3%
Rotation tangible assets	361,40%	-5,4%	382%	-	%	705,49%	-48,8%

Profitability of the business

	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Margin trading	48,81%	2,2%	47,75%	2,1%	46,78	43,48%	12,3%
Profitability of the business	1,31	-30,3%	1,88	795,2%	0,21	3,76%	-65,2%
Net profit	0,24%	-94,1%	4,07%	271,7%	-2,37%	1,56%	-84,6%
More ratios
Growth rate of turnover (excluding VAT)	-0,55%	5,2%	-0,58%	-627,3%	0,11%	1,80%	-130,6%
Rates integration	17,80%	-7,6%	19,27%	6,0%	18,18%	24,35%	-26,9%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	82,87%	5,6%	78,49%	-10,3%	87,53%	70,79%	17,1%
Weight interests	0,51	8,5%	0,47%	2,2%	0,46%	0,55%	-7,3%

Return on capital

	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Cash flow from the overall profitability	1,15%	66,7%	0,69%	115,2%	-4,55%	3,36%	-65,8%
Rates of economic profitability	7%	-30,0%	10%	900%	1%	11,35%	-38,3%
Financial profitability	7994681%	4,6%	7645724%	332,2%	1768951%	939%	851303,7%
Return on investment	4%	-82,9%	23,33%	334,9%	-9,93%	8,07%	-50,4%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	27/03/2007		27/03/2006		27/03/2005	Sector Median 2007
Turnover	143 720 467	-0,5%	144 509 849	-0,6%	145 354 395	207 131 €	69286,3%

Sales of goods	141 536 811	-0,7%	142 537 229	0,7%	141 581 703
- Purchase of goods	72 170 272	2,0%	70 737 549	-8,2%	77 050 198
+/- Stock of goods variation	-786 724	-128,1%	2 801 350	180,8%	-3 466 283
Trading margin	70 153 263 €	1,7%	68 998 330 €	1,5%	67 997 788 €	79 303 €	88362,3%
	48,81 % CA	2,2%	47,75 % CA	2,1%	46,78 % CA	43,88 % CA	11,2%

Sale of goods produced	2 183 656	10,7%	1 972 620	-47,7%	3 772 693
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	2 183 656 €	10,7%	1 972 620 €	-47,7%	3 772 693 €	0 €	0%
	1,52 % CA	10,9%	1,37 % CA	-47,3%	2,60 % CA	0,45 % CA	237,8%

Trading margin	70 153 263	1,7%	68 998 330	1,5%	67 997 788	79 303	88362,3%
+ Period Production	2 183 656	10,7%	1 972 620	-47,7%	3 772 693	0	0%
- Purchase of raw materials	0	0%	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	46 749 406	8,4%	43 121 473	-4,9%	45 338 177
Added value	25 587 513 €	-8,1%	27 849 477 €	5,4%	26 432 304 €	52 313 €	48812,3%
	17,80 % CA	-7,6%	19,27 % CA	6,0%	18,18 % CA	24,35 % CA	-26,9%

Added value	25 587 513 €	-8,1%	27 849 477 €	5,4%	26 432 304 €	52 313 €	48812,3%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	2 493 671	-24,0%	3 279 249	9,5%	2 993 653
- Personal charges	21 205 252	-3,0%	21 860 343	-5,5%	23 135 271
Gross operating surplus	1 888 590 €	-30,3%	2 709 885 €	793,2%	303 380 €	7 156 €	26291,7%
	1,31 % CA	-30,3%	1,88 % CA	795,2%	0,21 % CA	3,76 % CA	-65,2%

Gross operating surplus	1 888 590 €	-30,3%	2 709 885 €	793,2%	303 380 €	7 156 €	26291,7%
+ Release of reserves and provisions	1 097 845	-75,6%	4 497 436	-28,2%	6 265 318
+ Other operating income	208 646	50,4%	138 711	-39,0%	227 410
- Depreciation/Amortisation	2 850 753	-32,1%	4 201 543	-51,0%	8 569 629
- Other charges	278 217	33,6%	208 231	-80,6%	1 073 986
Operating result	66 111 €	-97,7%	2 936 258 €	203,1%	-2 847 507 €	4 145 €	1495,0%
	0,05 % CA	-97,5%	2,03 % CA	203,6%	-1,96 % CA	2,23 % CA	-97,8%

Operating result	66 111 €	-97,7%	2 936 258 €	203,1%	-2 847 507 €	4 145 €	1495,0%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	264 908	32,8%	199 419	12,3%	177 628
- Financial charges	738 046	9,6%	673 642	0,7%	668 690
Pre-tax result	-407 027 €	-116,5%	2 462 035 €	173,7%	-3 338 569 €	2 652 €	-15447,9%
	-0,28 % CA	-116,5%	1,70 % CA	173,9%	-2,30 % CA	1,48 % CA	-118,9%

Extraordinary income	1 027 331	-72,9%	3 788 929	2003,2%	180 150	0	0%
- Extraordinary charges	271 347	-21,2%	344 189	37,8%	249 733
Extraordinary result	755 984 €	-78,1%	3 444 740 €	5050,5%	-69 583 €	0 €	0%
	0,53 % CA	-77,7%	2,38 % CA	4860,0%	0 % CA	0 % CA	0%

Pre-tax result	-407 027 €	-116,5%	2 462 035 €	173,7%	-3 338 569 €	2 652 €	-15447,9%
Extraordinary result	755 984 €	-78,1%	3 444 740 €	5050,5%	-69 583 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	0	0%	30 000	0%	30 000
Net result	348 957 €	-94,1%	5 876 775 €	270,9%	-3 438 152 €	3 148 €	10985,0%
	0,24 % CA	-94,1%	4,07 % CA	271,7%	-2,37 % CA	1,56 % CA	-84,6%

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Establishment details

Activity (APE)	Commerce de détail de meubles (4759A)	Business Pages FT®
Postal Address	HABITAT FRANCE SA HABITAT 3 EME ETAGE 33 AV DE WAGRAM 75017 PARIS 17	Trading Address	33 AVENUE DE WAGRAM 75017 PARIS 17
Telephone	01 55 37 44 50
Fax

Type	Head office	Status	Closed
Formation Date	08/2005	Reason for formation	Formation
Closure Date	24/02/2008	Reason for closure	Deleted
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Paris (75)	Region	Ile-de-France
District	1	Area	99
City	PARIS 17	Size of urban area	Paris conglomeration

Other establishments

	Branches	0 branch entities in this company


	Head office	> HABITAT FRANCE SA <<< - Commerce de détail d'autres équipements du foyer (4759B) in PARIS 17 (75017)

	Secondary establishments	> HABITAT FRANCE SA - Commerce de détail d'autres équipements du foyer (4759B) in NANTES (44000) > - Commerce de détail d'équipement du foyer (524J) in PUTEAUX (92800) > - Commerce de détail d'équipement du foyer (524J) in VELIZY VILLACOUBLAY (78140) > - Commerce de détail d'équipement du foyer (524J) in LA GARDE (83130) > ...

	Regionality	Legal unit with multiple establishments in many areas but no one grouping more than 50% of workforce

	Mono-activity status	Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Workforces

Workforce at address

50 to 99 employees

Company workforce

500 to 999 employees

Event History

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
08/06/2008	Bodacc B	Radiation

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1557 - 732 027 271 RCS Paris. HABITAT FRANCE SA. Forme : Société anonyme. Adresse du siège social : 33 avenue de Wagram, 75017 Paris.
06/06/2008	Bodacc B	Modification et mutation diverse

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 494 - 732 027 271 RCS Paris. HABITAT FRANCE SA. Forme : Société anonyme. Capital : 2972900 EUR. Adresse du siège social : 33 avenue de Wagram, 75017 Paris. Commentaires : Dissolution sans liquidation de la société, décision de l'associé unique.
23/01/2008	Bodacc C	Comptes annuels et rapports

75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 8433 - 732027271 RCS. HABITAT FRANCE SA. Forme : Société anonyme. Adresse : 33 avenue de Wagram 75017 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 27/03/2007.
30/08/2007	Bodacc B	Modifications et mutations diverses

1264 - RCS Paris B 732 027 271. RC 73-B 2727. HABITAT FRANCE S.A. Forme : S.A. Capital : 2 972 900 euros. Adresse du siège social : 33 avenue de Wagram,, 75017 Commentaires : modification survenue sur l'administration. Administration : administrateur partant : WELBY (Michaëla). Nomination d'un administrateur : ROJKJAER (Christian).
28/01/2007	Bodacc C	Avis de dépôt des comptes

7296 - RCS Paris B 732 027 271. RC 73-B 2727. HABITAT FRANCE SA. Forme: S.A. Adresse du siège social: 33, avenue de Wagram,Paris, 75017 Paris. Comptes annuels et rapports de l'exercice clos le: 27 mars 2006.
22/12/2006	Bodacc B	Modifications et mutations diverses

1138 - RCS Paris B 732 027 271. RC 73-B 2727. HABITAT FRANCE S.A. Forme : S.A. Capital : 2 972 900 euros. Adresse du siège social : 33 avenue de Wagram,, 75017 Commentaires : modification survenue sur l'administration. Administration : commissaire aux comptes titulaire partant : K.P.M.G. S.A. Commissaire aux comptes suppléant partant : PETIT (Patrick, Hubert).
31/01/2006	Bodacc B	Modifications et mutations diverses

1971 - RCS Paris B 732 027 271. RC 73-B 02727. HABITAT FRANCE S.A. Forme : S.A. Adresse du siège social : 33 avenue de Wagram,, 75017 Commentaires : cette société transfère son siège social de la route de Quarante-Sous, 78630 Orgeval, à l'adresse d'un établissement déjà connu. Date d'effet : 9 novembre 2005.
23/12/2005	Bodacc C	Avis de dépôt des comptes

1667 - RCS Versailles B 732 027 271. RC 74-B 781. HABITAT FRANCE SA. Forme: S.A. Adresse du siège social: route de Quarante sous,78630 Orgeval. Comptes annuels et rapports de l'exercice clos le: 27 mars 2005.
13/09/2005	Bodacc B	Modifications et mutations diverses

2377 - RCS Versailles B 732 027 271. RC 74-B 781. HABITAT FRANCE S.A. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : nomination d'un co-commissaire aux comptes suppléant : BEAS. Nomination d'un co-commissaire aux comptes titulaire : DELOITTE & ASSOCIES.
09/06/2005	Bodacc B	Modifications et mutations diverses

1224 - RCS Versailles B 732 027 271. RC 74-B 781. HABITAT FRANCE S.A. Forme : S.A. Capital : 2 972 900 euros. Nom commercial : Habitat. Commentaires : modification survenue sur le capital (diminution).
06/01/2005	Bodacc B	Modifications et mutations diverses

1352 - RCS Versailles B 732 027 271. RC 74-B 781. HABITAT FRANCE S.A. Forme : S.A. Nom commercial : Habitat. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : BOURGEOIS (Françoise) (Nom d'usage : LENARD). P.-D.G. partant : VERPLANCKE (Peter). Modification du président du conseil d'administration : RAVNBOL (Jens, Nordahl). Nomination d'un directeur général et administrateur : CECILLON (Paul-Henri).
22/10/2003	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateurs partants : MILLAR ( Richard) DE VRIEND (Gérard, Karel). Nomination d'administrateurs : RAVNBOL ( Jens, Nordahl) WELBY (Michaela).
04/04/2003	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : commissaire aux comptes suppléant partant : S.C.P. J.-C. ANDRE. Nomination d'un commissaire aux comptes suppléant : PETIT (Patrick, Hubert).
11/03/2003	Bodacc A	Vente et cession

RCS non encore inscrit. HABITAT FRANCE S.A. Forme : S.A. Capital : 6 837 666 euros. Adresse du siège social : 2050 route de Quarante-Sous, 78630 Orgeval. Administration : dirigeant : VERPLANCKE ( Pieter) Etablissement principal: Activité : droit au bail comprenant un immeuble élevé sur sous-sol partiel et un rez-de-chaussée, sur trois niveaux avec des étages partiels sis au 36 rue Esquermoise, un immeuble élevé sur sous-sol partiel, un rez-de- chaussée, sur trois niveaux et un grenier partiel avec galerie intérieure, au premier et au deuxième étage sis aux 38 et 40 rue Esquermoise. Quatre locaux commerciaux situés aux rez-de-chaussée des batiments A, B, C et D sis au 52 rue Esquermoise. Adresse : 36-38-40 et 52 rue Esquermoise, 59000 Lille Droit au bail, dépendant de l'établissement principal, acquis par achat au prix stipulé de 733 655,90 euros. Date d'effet : 24 janvier 2003. Précédent propriétaire : LA TETE DANS LES NUAGES. RCS Lille 393010467 RC 96-B 741 Publication légale: La Gazette du Nord Pas-de-Calais du 12 au 14 février 2003. Oppositions : au fonds pour la validité et sous forme de saisie-arret entre les mains du notaire, M e Poissonnier, 8 rue Georges-Chastelain, Valenciennes.
11/08/2002	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : GEA (Jean). Nomination d'un administrateur : BOURGEOIS (Françoise) ( Nom d'usage : LENARD).
19/04/2002	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A. Capital : 6 837 670 euros Nom commercial: Habitat. Commentaires : modification survenue sur le capital (augmentation) et l' administration. Administration : modification du P.-D.G. : VERPLANCKE ( Peter).
20/02/2002	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : président du conseil d'administration et administrateur partant : VAN DER MEIJDEN (Romano). Administrateur partant : DE GRAAF (Norbertus, Marinus, Wilhelmus). Nomination du président du conseil d'administration et administrateur : VERPLANCKE (Peter). Nomination d'un administrateur : GEA ( Jean).
05/10/2001	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : CURZON (Malcom) . Modification d'un administrateur : DE GRAAF (Norbertus, Marinus, Wilhelmus). Nomination d'un administrateur : DE VRIEND (Gérard, Karel).
02/08/2001	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateurs partants : ROBERT ( Pascal) BURROWS (Cliff). Nomination d' administrateurs : DE GRAAF (Norbertus, Marinus, Wilhelmus) MILLAR (Richard).
19/04/2001	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : président du conseil d'administration et administrateur partant : GERSTL ( Henri). Nomination du président du conseil d'administration et administrateur : VAN DER MEIJDEN ( Romano).
18/03/2001	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : CAMBIER (Yves). Nomination d'un administrateur : BURROWS (Cliff).
16/07/2000	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A. Capital : 44 593 500 F Nom commercial: Habitat. Commentaires : modification survenue sur le capital (diminution).
16/07/2000	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : GUSTAFSSON ( Sigvard, Johan, Ingemar). Nomination d' un administrateur : CURZON (Malcom).
26/12/1999	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732027271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateurs partants : WILSON ( Alexander) D'OTTREPPE (Stanislas) DESJARDIN (Galeran). Nomination d' administrateurs : CAMBIER (Yves) ROBERT (Pascal).
02/01/1999	Bodacc B	Modifications et mutations diverses

RCS *. RCS Versailles B 732 027 271 RC RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Administration : modification : président du conseil d'administration et administrateur : GERSTL (Henri) Nomination en qualité d'administrateur : DESJARDIN (Galéran). Commentaires : modification survenue sur l' administration.
12/04/1998	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732 027 271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : P.-D.G. partant : OUDOT (Gilles, Raymond). Nomination du directeur général et administrateur : GERSTL (Henri). Modification d'un administrateur : WILSON (Alexander). Administrateur partant : DUFOUR (Guy, Pierre, Joseph, Edouard). Modification d' administrateurs : GUSTAFSSON (Sigvard, Johan, Ingemar) D'OTTREPPE (Stanislas) . Modification du commissaire aux comptes titulaire : K.P.M.G. AUDIT FIDUCIAIRE DE FRANCE. Modification du commissaire aux comptes suppléant : S.C. P. J.-C. ANDRE.
15/02/1998	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732 027 271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : MATSSON (Arne, Tomas).
15/02/1998	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732 027 271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : AULIN (Jan, Erik). Nomination d'un administrateur : D'OTTREPPE (Stanislas).
08/01/1995	Bodacc B	Modifications et mutations diverses

RCS Versailles B 732 027 271 RC 74-B 781 HABITAT FRANCE S.A. Forme : S.A Nom commercial: Habitat. Activité : achat, vente, import-export, plus généralement commerce de meubles, d'objets d' ameublement, de jouets, de bimbeloterie et d'articles cadeaux ainsi que tous autres objets d'intérieur, de jardin, de sport ou de loisirs, ainsi que tous produits alimentaires. Restauration rapide. Commentaires : modification survenue sur l'activité.

Company Events History

Date	Description
08/06/2008	New Bodacc B ads detected
08/06/2008	Bodacc B: Radiation
06/06/2008	Bodacc B: Various editing or changing
06/06/2008	New Bodacc B ads detected
24/02/2008	Legal suspension of Company
20/02/2008	Private document
20/02/2008	Minutes of general meeting of shareholders
20/02/2008	Winding up
23/01/2008	Bodacc C : Deposit accounts notice
18/07/2007	Appointment/resignation of company officers
18/07/2007	Private document
18/07/2007	Changes to the Board of Directors
18/07/2007	Minutes of Board meeting
27/03/2007	New accounts available
01/12/2006	Changes to the Board of Directors
01/12/2006	Private document
01/12/2006	Appointment/resignation of company officers
01/12/2006	Minutes of Board meeting
27/03/2006	New accounts available
09/11/2005	Private document
09/11/2005	Acte sous seing privé
09/11/2005	Updated articles of association
09/11/2005	Statuts mis à jour
09/11/2005	PV du Conseil d'Administration
09/11/2005	Minutes of Board meeting
09/11/2005	Changement de Commissaire aux Comptes
09/11/2005	Secondary registration becomes main registration
09/11/2005	PV d'Assemblée
09/11/2005	Minutes of general meeting of shareholders
09/11/2005	Nomination/démission des organes de gestion
09/11/2005	Appointment/resignation of company officers
09/11/2005	New auditor
09/11/2005	Immatriculation secondaire devient principale
26/10/2005	Private document
26/10/2005	Acte sous seing privé
26/10/2005	Amendment
26/10/2005	Acte modificatif
26/10/2005	PV d'Assemblée
26/10/2005	Minutes of general meeting of shareholders
31/08/2005	Private document
31/08/2005	Acte sous seing privé
31/08/2005	Appointment/resignation of company officers
31/08/2005	Nomination/démission des organes de gestion
31/08/2005	Registered office transferred outside jurisdiction of the Commercial Court
31/08/2005	Transfert du Siège hors du ressort du Tribunal de Commerce
31/08/2005	PV d'Assemblée
31/08/2005	Minutes of general meeting of shareholders
20/05/2005	Private document
20/05/2005	Acte sous seing privé
20/05/2005	Capital increase
20/05/2005	Fund deposit certificate
20/05/2005	Statuts mis à jour
20/05/2005	Minutes of general meeting of shareholders
20/05/2005	Certificat de dépôt des fonds
20/05/2005	Augmentation de Capital
20/05/2005	Capital reduction
20/05/2005	Réduction de Capital
20/05/2005	PV d'Assemblée
20/05/2005	Updated articles of association
27/03/2005	New accounts available
16/12/2004	Changement de Président (PDG, PCA)
16/12/2004	New chairman (CEO, CoB)
16/12/2004	Changes to the Board of Directors
16/12/2004	Modification du Conseil d'Administration
16/12/2004	Acte sous seing privé
16/12/2004	Private document
16/12/2004	Appointment/resignation of company officers
16/12/2004	Nomination/démission des organes de gestion
16/12/2004	Minutes of Board meeting
16/12/2004	PV du Conseil d'Administration
27/03/2004	New accounts available
10/10/2003	Acte sous seing privé
10/10/2003	PV du Conseil d'Administration
10/10/2003	Nomination/démission des organes de gestion
10/10/2003	Modification du Conseil d'Administration
27/03/2003	Réduction de Capital
27/03/2003	New accounts available
27/03/2003	Continuation malgré perte supérieure à la moitié du capital
27/03/2003	Acte sous seing privé
27/03/2003	Augmentation de Capital
27/03/2003	PV d'Assemblée
25/03/2003	PV du Conseil d'Administration
25/03/2003	Nomination/démission des organes de gestion
25/03/2003	Acte sous seing privé
25/03/2003	Changement de Commissaire aux Comptes
30/07/2002	Acte sous seing privé
30/07/2002	PV du Conseil d'Administration
30/07/2002	Nomination/démission des organes de gestion
30/07/2002	Modification du Conseil d'Administration
08/04/2002	Nomination/démission des organes de gestion
08/04/2002	Conversion du Capital Social en Euros
08/04/2002	PV d'Assemblée
08/04/2002	PV du Conseil d'Administration
08/04/2002	Augmentation de Capital
08/04/2002	Acte sous seing privé
08/04/2002	Statuts mis à jour
10/01/2002	Nomination/démission des organes de gestion
10/01/2002	Modification du Conseil d'Administration
10/01/2002	Changement de Président (PDG, PCA)
10/01/2002	Acte sous seing privé
10/01/2002	PV du Conseil d'Administration
24/09/2001	Modification du Conseil d'Administration
24/09/2001	Nomination/démission des organes de gestion
24/09/2001	Acte sous seing privé
24/09/2001	PV du Conseil d'Administration
18/07/2001	Modification du Conseil d'Administration
18/07/2001	PV du Conseil d'Administration
18/07/2001	Nomination/démission des organes de gestion
18/07/2001	Acte sous seing privé
11/06/2001	Acte sous seing privé
11/06/2001	Modification du Conseil d'Administration
11/06/2001	PV d'Assemblée
11/06/2001	Nomination/démission des organes de gestion
04/04/2001	PV du Conseil d'Administration
04/04/2001	Acte sous seing privé
04/04/2001	Changement de Président (PDG, PCA)
04/04/2001	Nomination/démission des organes de gestion
04/04/2001	Modification du Conseil d'Administration
02/03/2001	Modification du Conseil d'Administration
02/03/2001	Acte sous seing privé
02/03/2001	Nomination/démission des organes de gestion
02/03/2001	PV du Conseil d'Administration
03/07/2000	Réduction de Capital
03/07/2000	Acte sous seing privé
03/07/2000	Nomination/démission des organes de gestion
03/07/2000	PV du Conseil d'Administration
03/07/2000	Modification du Conseil d'Administration
30/06/2000	Acte sous seing privé
30/06/2000	Acte modificatif
30/06/2000	Augmentation de Capital
30/06/2000	Réduction de Capital
30/06/2000	Statuts mis à jour
30/06/2000	PV du Conseil d'Administration
30/06/2000	PV d'Assemblée
04/02/2000	Modification du Conseil d'Administration
04/02/2000	PV d'Assemblée
04/02/2000	Continuation malgré perte supérieure à la moitié du capital
04/02/2000	Nomination/démission des organes de gestion
04/02/2000	Acte sous seing privé
10/12/1999	Acte sous seing privé
10/12/1999	PV du Conseil d'Administration
10/12/1999	Nomination/démission des organes de gestion
10/12/1999	Modification du Conseil d'Administration
11/12/1998	Changement de Président (PDG, PCA)
11/12/1998	PV du Conseil d'Administration
11/12/1998	Acte sous seing privé
11/12/1998	Nomination/démission des organes de gestion
26/05/1998	PV d'Assemblée
26/05/1998	Acte sous seing privé
26/05/1998	Statuts mis à jour
26/05/1998	Changement de date de clôture
30/03/1998	Acte sous seing privé
30/03/1998	Nomination/démission des organes de gestion
30/03/1998	PV du Conseil d'Administration
30/03/1998	Modification du Conseil d'Administration
02/02/1998	Acte sous seing privé
02/02/1998	Changement de date de clôture
02/02/1998	PV du Conseil d'Administration
02/02/1998	Modification de l'objet social
02/02/1998	Modification du Conseil d'Administration
02/02/1998	Nomination/démission des organes de gestion
02/02/1998	PV d'Assemblée
02/02/1998	Statuts mis à jour
19/01/1995	Acte modificatif
22/12/1994	Statuts mis à jour
22/12/1994	Modification de l'objet social
22/12/1994	PV d'Assemblée
02/05/1994	Nomination/démission des organes de gestion
02/05/1994	Modification du Conseil d'Administration
02/05/1994	PV d'Assemblée
02/05/1994	PV du Conseil d'Administration
19/04/1994	Dissolution
19/04/1994	PV d'Assemblée
11/04/1994	Fusion
11/04/1994	PV d'Assemblée
11/04/1994	Statuts mis à jour
11/04/1994	Acte sous seing privé
11/04/1994	Déclaration de conformité
21/01/1994	Acte modificatif
16/12/1993	Acte sous seing privé
16/12/1993	Projet de Fusion
05/08/1993	Requête et Ordonnance
06/04/1993	Statuts mis à jour
06/04/1993	Changement de date de clôture
06/04/1993	PV d'Assemblée
06/04/1993	Déclaration de conformité
15/03/1993	Modification du Conseil d'Administration
15/03/1993	Nomination/démission des organes de gestion
15/03/1993	PV du Conseil d'Administration
29/10/1992	PV du Conseil d'Administration
29/10/1992	Modification du Conseil d'Administration
29/10/1992	Nomination/démission des organes de gestion
18/12/1991	Nomination/démission des organes de gestion
18/12/1991	Modification du Conseil d'Administration
18/12/1991	PV du Conseil d'Administration

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.06
UK Pound	1	Rs.78.48
Euro	1	Rs.64.99

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
----	NB	New Business	----

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.

REGISTERED NAME & COMPANY SUMMARY

DIRECTORS/MANAGEMENT

NEGATIVE INFORMATION

SHARE & SHARE CAPITAL INFORMATION

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

FINANCIAL INFORMATION

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

NOTES & COMMENTS

Unit