MIRA
INFORM REPORT
|
Report Date : |
05.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
MAYORAL
MODA INFANTIL SA |
|
|
|
|
Registered Office : |
Calle La
Orotava, 118 29006 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
14.12.1981 |
|
|
|
|
Date of Incorporation : |
31.12.2010 |
|
|
|
|
Legal Form : |
Sole Corporation |
|
|
|
|
Line of Business : |
Mass textile mfg. of kids clothes |
|
|
|
|
No. of Employees : |
170 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Good |
|
Payment Behaviour : |
No complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Identification
Current Business Name: MAYORAL MODA INFANTIL SA
Commercial
name: MAYORAL; CONFECCIONES MAYORAL, S.A.
Other
names: YES
Current
Address: CALLE LA OROTAVA, 118
Telephone
number: 952045204 Fax: 952045200
URL:
www.mayoral.es
Corporate
e-mail: ventas@mayoral.es
Financial Information
Latest
sales known (2011): 174.651.876,00
€ (Estimated)
Balance
sheet latest sales (2010): 166.335.120,00 € (Mercantile Register)
Result: 25.875.613 €
Total
Assets: 166.064.227 €
Share
capital: 2.033.000,00 €
Employees: 170
Listed on a Stock
Exchange: NO
Commercial Information
Incorporation
date: 14/12/1981
Activity: Mass textile mfg. of kids clothes
NACE
2009 CODE: 1413
International
Operations: Imports and Exports
Corporate Structure
Sole
Administrator:
Parent
Company:
Participations: 15
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2010
Latest
act published in BORME: 02/09/2011 Annual
Filed Accounts
Latest
press article: 26/06/2012 EXPANSION
ANDALUCIA (GENERAL INFORMATION)
Bank
Entities: There are
The
date when this report was last updated is 04/07/2012.
The
information contained in this report has been investigated and contrasted
on 04/07/2012
TRADE RISK
Financial situation
|
Exercise:2010 |
Evolution |
|||
|
Treasury |
|
Excellent |
|
|
|
Indebtedness |
|
Very
slight |
|
|
|
Profitability |
|
Very
good |
|
|
|
Balance |
|
Excellent |
|
|
Performance
|
Incidents |
|
Exceptional |
|
Business
Trajectory |
|
Good |
Rating Informa Explanation
Financial situation
•
The company’s financial situation
is very good.
•
The company’s financial situation
evolution has been positive.
•
The sales evolution and results has
been positive.
•
The auditor’s opinion about the
latest accounts has been favourable.
Company
Structure
•
The company’s capitalization degree
determines that its structure is sound.
•
The company’s size is
big depending on its sales volume.
•
The employees evolution has
been negative.
Performance
and Incidences
•
The available information indicates
that the company does have some barely significant payment incidences.
•
He have detected no recent legal
actions or claims from the Administration against this company.
Accounts
Filing
•
The company files regularly its
accounts.
Summary
1 Company / Companies in Insolvency Proceedings.
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT 
Summary
•
The 100,00% of the unpaid
contracts, that mean 100,00% of the amount, have been declared as
unsuccessful by its creditor considering its recovery extremely difficult.
•
The total unpaid amount registered in
EXPERIAN BUREAU EMPRESARIAL is the maximum since the existence of non-payment
information on this debtor.
•
The 100,00% of the
non-fulfilment of payment obligations have more than 6 months.
•
The 100,00% of the
non-fulfilment of payment obligations with more than 6 months has been
catalogued as unsuccessful.
|
CHARACTERISTICS OF THE OPERATION |
NON-PAYMENT CHARACTERISTICS |
||||||
|
Creditor Type |
Product |
Amount of the operations |
Situation |
Number of non-payments |
Non-payment amount |
Date of the first
non-payment |
Date of the last non-payment |
|
Credit Insurance Company |
Credit Policy |
- |
Bad Debt |
1 |
1.030,37 |
10/05/2007 |
10/05/2007 |
|
|
|
|
|
|
1.030,37 |
|
|
This information comes from
Experian Bureau Empresarial Service, property of Experian Bureau de Crédito S.A.
It could just be used for businessmen or professionals and for the own aims of
the business, and could not be transferred or transmitted to third parties,
copied, duplicate or reproduce, nor incorporate to any owned or external
database, or reuse it in any direct or indirect way. Experian Bureau de Crédito
S.A. may file you for damages it may suffer in case of breaching any of the
afore mentioned obligations. Experian would not be responsible of the lack of
accuracy in the supplied information when it coincides with the one supplied by
the creditor entities.
R.A.I.
COMPANY NOT REGISTERED IN THE
R.A.I.
This
company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE
CONSULTATION
29/06/2012
14:06:51
Information
from the Registro de Aceptaciones Impagados (RAI)- Disputed Bills register.
It
can only be used for information legitimate needs of the consulting party, in
accordance with its social or business activity, in order to grant a credit or
the monitoring or control of the already granted credits and can not be
transmitted or communicated to thirds, nor copied, duplicated, reproduced nor
implemented to any database , owned or external, or reused it in anyway, direct
or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
Figures
given in €
|
|
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
31/12/2008 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
52.378.397,00 |
31,54 |
50.395.627,57 |
35,58 |
52.751.226,34 |
38,17 |
|
B) CURRENT ASSETS |
113.685.830,00 |
68,46 |
91.248.121,47 |
64,42 |
85.441.063,68 |
61,83 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
127.200.625,00 |
76,60 |
109.450.353,76 |
77,27 |
98.925.326,52 |
71,59 |
|
B) NON CURRENT LIABILITIES |
2.324.264,00 |
1,40 |
2.848.873,31 |
2,01 |
4.924.213,05 |
3,56 |
|
C) CURRENT LIABILITIES |
36.539.338,00 |
22,00 |
29.344.521,97 |
20,72 |
34.342.750,45 |
24,85 |
Profit and loss account
analysis
Figures
given in €
|
|
2011 ESTIMATED |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
174.651.876,00 |
166.335.120,00 |
|
149.220.738,78 |
|
|
GROSS MARGIN |
|
65.535.741,00 |
39,40 |
55.954.714,76 |
37,50 |
|
EBITDA |
|
36.157.044,00 |
21,74 |
28.998.740,07 |
19,43 |
|
EBIT |
|
33.652.482,00 |
20,23 |
25.068.438,44 |
16,80 |
|
NET RESULT |
|
25.875.613,00 |
15,56 |
18.525.027,24 |
12,41 |
|
EFFECTIVE TAX RATE (%) |
|
28,69 |
0,00 |
28,57 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures
expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: %
on the total assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
31,54 |
22,74 |
8,80 |
|
A) CURRENT ASSETS |
68,46 |
77,26 |
-8,80 |
|
LIABILITIES |
|||
|
A) NET WORTH |
76,60 |
29,99 |
46,61 |
|
B) NON CURRENT LIABILITIES |
1,40 |
9,05 |
-7,65 |
|
C) CURRENT LIABILITIES |
22,00 |
60,96 |
-38,96 |
|
|
|
|
|
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT
ANALYSIS: % on the total operating income |
|
|
|
|
SALES |
99,77 |
99,94 |
-0,17 |
|
GROSS MARGIN |
39,31 |
15,29 |
24,02 |
|
EBITDA |
21,69 |
2,74 |
18,95 |
|
EBIT |
20,19 |
1,97 |
18,21 |
|
NET RESULT |
15,52 |
1,27 |
14,25 |
Sector Composition
Compared
sector (NACE 2009): 1413
Number
of companies: 6
Size
(sales figure): > 40,000,000.00 Euros
OTHER DATA FROM THE ANNUAL
FINANCIAL REPORT
Results Distribution
Source: annual
financial report 2010
Figures
given in €
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account
Balance |
25.875.613,00 |
Legal Reserve |
0,00 |
|
Carry over |
0,00 |
Goodwill reserve |
0,00 |
|
Voluntary reserves |
0,00 |
Special reserves |
0,00 |
|
Other reserves disposable at
will |
0,00 |
Voluntary reserves |
10.875.613,00 |
|
Total of Amounts to be
distributed |
25.875.613,00 |
Dividends |
15.000.000,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous
exercises losses |
0,00 |
|
|
|
Application total |
25.875.613,00 |
Auditing
Source: filing
of annual financial statement 2010
Auditors’
opinion: FAVOURABLE
Auditor: GOMEZ
GARCIA RAFAEL
Auditing
fees: 24.000,00 €
Facts subsequent to the
closing
Source: Annual
financial report 2010
After
the closure no relevant facts requiring their inclusion in the annual accounts
have taken place.
ADDRESSES
Current Legal Seat Address:
CALLE LA OROTAVA, 118
29006 MALAGA MÁLAGA
Previous Seat Address:
CAMINO PRADOS S/N
29006 MALAGA MÁLAGA
Characteristics of the current address
Type of establishment: office,factory,warehouse
Local Situation: secondary
Summary
Governing
body : 1 member (latest change: 28/01/2010)
Other
Positions : 7 (latest change: 01/07/2009)
Auditor
: 2 (latest change: 02/03/2011)
Operative
Board Members : 5 (latest change: 02/02/2012)
Non-current
positions : 20 (latest change: 02/03/2011)
Main Board members, Directors
and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
INDUMENTA PUERI SL |
28/01/2010 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
GOMEZ GARCIA, RAFAEL |
02/03/2011 |
|
AUDITOR |
JIMENEZ CHACON, JOSE MARIA |
02/03/2011 |
Board
members remuneration
Source: Annual
financial report 2010
Board members remuneration: 0,00 €
Functional Managers
|
POSITION |
NAME AND SURNAME |
|
General Manager |
DOMINGUEZ DE LA MASA, MANUEL |
|
Financial Manager |
GONZALEZ DE GOR, ALVARO |
|
Commercial Director |
DOMINGUEZ, RAFAEL |
|
Exports Director |
DEL MONTE, FERNANDO |
|
IT Director |
ABOLAFIO GOMEZ, FRANCISCO |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
INDUMENTA PUERI SL |
B92549781 |
100,00 |
OWN SOURCES |
02/02/2012 |
Majority shareholder of INDUMENTA
PUERI SL
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
DOMINGUEZ GOR RAFAEL |
|
Minor. |
OWN SOURCES |
04/04/2011 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
YUNQUERA TEXTIL SA |
A29022209 |
74,74 |
MERCANTILE REGISTER |
23/01/2008 |
|
|
BRUJAS DOMINGUEZ MARINA |
|
Indef. |
B.O.R.M.E. |
09/03/2005 |
|
|
BRUJAS DOMINGUEZ EMILIO |
|
Indef. |
B.O.R.M.E. |
09/03/2005 |
Company with rating inferior to 7
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MAYORAL INTERNATIONAL STORES
SA |
A92027804 |
100,00 |
MERCANTILE REGISTER |
28/02/2011 |
|
|
MAYORAL ITALIA SRL |
ITALY |
100,00 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MAYORAL HELLAS SRL |
GREECE |
100,00 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MAYORAL SHANGAI TRADING CO
LTD |
CHINA |
100,00 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MAYORAL POLSKA SP |
POLAND |
100,00 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MAYORAL UKRAINE LTD |
UKRAINE |
100,00 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MAYORAL USA INC |
UNITED STATES |
100,00 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MODA INFANTIL MAYORAL SA |
MEXICO |
99,99 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MAYORAL TEKSTIL TICARET
LIMITED SIRKETI |
TURKEY |
99,99 |
MERCANTILE REGISTER |
31/12/2010 |
|
|
MAYORAL 000 RUSIA |
RUSSIAN FEDERATION |
99,99 |
MERCANTILE REGISTER |
31/12/2010 |
POTENTIAL LINKS
Search Criterion: ”MAYORAL
MODA INFANTIL SA”
URL: www.mayoral.es
Mayoral en el mundo
Moda infantil Mayoral. La marca. 70 ańos de historia ...
BUSINESS INFORMATION
Incorporation date: 14/12/1981
Origin / Establishment
Establishment
date: 01/01/1941
Founder’s Name: DOMINGUEZ
TOLEDO
Activity
Informa
Code: 1453300
Informa
Activity: Mass textile mfg. of kids clothes
NACE
2009 CODE: 1413
NACE
2009 Activity: Manufacture of other outerwear
Business: FABRICACION,
DISTRIBUCION Y VENTA DE MODA INFANTIL
(Enlargement)1.
La confeccion, distribucion y venta de articulos textiles. 2. Lageneracion de
energia electrica. 3. La compraventa, el diseńo, promocion, ejecucion, puesta
en marcha, mantenimiento, gestion y explotacion de instalaciones de energia
solar termica, fotovoltaica, eol.
Activity
description: Su actividad concreta es la fabricacion, diseńo y venta de
ropa infantil.
Environmental information: YES (Page 50) Annual
financial report 2010
Employees
Latest
employees figure: 170 (2012)
% of
fixed employees: 84,57%
% of
temporary employees: 15,43%
% of
men: 56,12%
% of women: 43,88%
Source: Annual
financial report 2010
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
110 |
86 |
COMMERCIAL OPERATIONS
PURCHASES
Import
Percentage: 76%
Imports
from: UNION EUROPEA RESTO DEL MUNDO
National Distribution: 24%
SALES
Cash
collections: 40%
Credit
collections: 60%
Export
Percentage: 63%
Exports
to: EUROPA, ORIENTE MEDIO, EEUU, CANADA, ITALIA, PORTUGAL,
MEXICO, GRECIA, RUSIA
National Distribution: 27%
Sales breakdown
•
El 100% de su cifra de negocio
corresponde a fabricación, distribución y venta de artículos textiles.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO ESPAŃOL DE CREDITO,
S.A. |
4314 |
CL ALAMEDA PRINCIPAL 12
APDO. 93 |
MALAGA |
Málaga |
|
BANCO BILBAO VIZCAYA
ARGENTARIA, S.A. |
2341 |
MARQUES DE LARIOS, 12-14 |
MALAGA |
Málaga |
Brands
FORMER NAMES:
•
CONFECCIONES MAYORAL SA
Brand
name: MAYORAL (Valid)
Type: DENOMINATIVE
Scope: NATIONAL Date: 04/05/2011
Brand
name: NEWBORN MAYORAL (Valid)
Type: JOINT
Scope: NATIONAL Date: 25/03/2011
Brand
name: NEWBORN (Valid)
Type: GRAPHICAL
Scope: COMMUNITARY Date: 23/02/2010
Brand
name: NUKUTAVAKE (Valid)
Type: GRAPHICAL
Scope: COMMUNITARY Date: 08/09/2008
Brand
name: EL MAYORAL (Valid)
Type: JOINT
Scope: NATIONAL Date: 26/05/2008
LEGAL STRUCTURE
Constitution Data
Register Date: 14/12/1981
Current structure data
Legal form: Sole Corporation
Share capital: 2.033.000,00 €
Paid-up capital: 2.033.000,00 €
Legal Aspects
Obligation to fill in Financial Statements: YES
Chamber census: YES (2010)
B.O.R.M.E. (OFFICIAL GAZETTE OF THE MERCANTILE REGISTER)
Summary
Acts
on activity: 1 (Last: 31/03/2010)
Acts
on administrators: 36 (Last: 02/03/2011, first: 13/02/1991)
Acts
on capital: 6 (Last: 09/03/2005, first: 15/03/2000)
Acts
on creation: 0
Acts
on filed accounts: 21 (Last: 02/09/2011, first: 22/10/1991)
Acts
on identification: 2 (Last: 10/01/2008, first: 06/02/2002)
Acts
on Information: 8 (Last: 10/01/2008, first: 24/04/1990)
Acts
on proceedings: 2 (Last: 09/03/2005, first: 17/12/2004)
Latest acts in B.O.R.M.E.
Most relevant acts of the last
twelve months
|
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Annual Filed
Accounts (2010) |
02/09/2011 |
422347 |
Málaga |
|
|
|
Filed Accounts date: August
from 2011 Exercise to which the
accounts belong: 2010 Filed Accounts type: Individual Filed accounts available
online: DOWNLOAD (+1.0 unit) ZIPThis product is out of the fee for
OPEN contracts60634542010PDFThis product is out of the fee for OPEN
contracts60634542010TIFFThis product is out of the fee for OPEN
contracts60634542010 Publication Data:
Register Málaga, Gazette 168, Page
46388, Announcement 422347 (02/09/2011) |
|||
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Appointments |
02/03/2011 |
94798 |
Málaga |
|
Annual Filed
Accounts (2009) |
03/09/2010 |
441436 |
Málaga |
|
Registered activity
enlargement |
31/03/2010 |
133778 |
Málaga |
|
Appointments |
28/01/2010 |
36518 |
Málaga |
|
Resignations |
28/01/2010 |
36518 |
Málaga |
|
Re-elections |
28/01/2010 |
36517 |
Málaga |
|
Annual Filed
Accounts (2008) |
03/09/2009 |
319334 |
Málaga |
|
Appointments |
01/07/2009 |
297640 |
Málaga |
|
Resignations |
22/06/2009 |
280550 |
Málaga |
PRESS ARTICLES
Press summary by type of information (last five years)
Legal
notices: 1 (Last: 16/07/2007)
Structural
Data: 1 (Last: 28/04/2011)
Informative
data: 4 (Last: 26/06/2012, first: 03/05/2009)
Financial
Information: 2 (Last: 02/03/2011, first: 02/03/2011)
Negative
information: 0
Business
lines: 0
Historical
press releases: 36 (Last: 15/10/2006, first: 25/10/1993)
Latest press article published
26/06/2012 EXPANSION
ANDALUCIA - GENERAL INFORMATION
MAYORAL
ha duplicado sus ventas en el último lustro, hasta los 240 millones de euros, y
sus previsiones para 2015 pasan por sobrepasar los 300 millones.
La
compańía malagueńa cuenta con clientes en 60 países. Físicamente, es decir, con
filiales comerciales, está presente en una docena, sobre todo de Europa, así
como Rusia, Turquía, México y Estados Unidos.
El
plan estratégico de la empresa contempla la apertura de nuevas plazas, de tal
manera que los próximos destinos serán China y, probablemente, Colombia.
Para
la comercialización de las prendas, cuenta con una red de 183 agentes. Junto a
ello, dispone de una red de 144 tiendas, de las que 107 son propias, 4
factories y 33 franquicias.
24/05/2012 SUR (Page 9) GENERAL
INFORMATION
Los
responsables de MAYORAL han decidido convertir el reto asiático en oportunidad,
abriendo una filial en China, que comenzará a operar este verano. La empresa ha
aprovechado la filial MAYORAL SHANGHAI, hasta ahora dedicada al control de
compras y de calidad, para vender su ropa en tiendas multimarca. MAYORAL prevé
llegar en el primer trimestre a vender por 100.000 o 200.000 euros. La empresa,
que factura 240 millones de euros anuales, vende ya más de 2 tercios de su
producción en el extranjero.
11/11/2011 EXPANSION
ANDALUCIA - GENERAL INFORMATION
MAYORAL,
líder espańol en moda infantil, ha puesto sus miras en el mercado
norteamericano. La textil malagueńa lleva dos ejercicios trabajando desde Miami
con un socio local para la comercialización de sus prendas. En la actualidad
sus ventas anuales en este territorio alcanzan las 100 unidades con la
previsión de alcanzar el millón en un plazo de 5 ańos.
Las
ventas internacionales suponen el 60% del total, es decir, 126 millones. La
mayor parte se concentra en Europa, donde los ingresos alcanzan los 84 millones
(40%). Dentro de ésta, Italia y Francia resultan claves, el resto se reparte
entre América, Asia y, en menor proporción, África.
MAYORAL
crecerá en 2011 un 14% hasta 240 millones.
28/04/2011 SUR (Page 7) BRANCHES
MAYORAL
aspira a distribuir 400 millones de prendas al ańo en todo el mundo, casi el
doble que ahora, y a duplicar su facturación en los próximos 7 ańos. Y para
ello está construyendo 3 naves de almacenamiento autorizado junto a su sede del
polígono industrial San Luis de Málaga, con una inversión de 20 millones. La
iniciativa permitirá sumar a su plantilla actual, formada por 400 empleados
directos y 5.000 indirectos, otros 20 profesionales dedicados a la supervisión
de la maquinaria. Las primeras pruebas se realizarán en diciembre, mientras que
se espera que en abril de 2012 toda la maquinaria estará preparada y las obras
de ampliación se darán por concluidas.
02/03/2011 EXPANSION
ANDALUCIA - FINANCIAL DATA
MAYORAL
prevé alcanzar unas ventas de 240 millones en 2011, casi el doble de las
registradas en 2006. Además, supondrán un 14,2% más sobre los 210 millones de
2010. Rafael Domínguez, director comercial de la firma, explica que esta última
cifra es aún provisional ya que acaba de cerrar las cuentas. Además, la nueva
línea de ropa para bebés representa, 2 ańos después, el 12% de los ingresos del
grupo malagueńo. Actualmente, el peso exterior alcanza el 63% siendo sus
principales mercados, por este orden, Italia, Portugal, México, Grecia y Rusia.
Asimismo, ha entrado en EEUU a través de una filial propia centrada en el
negocio mayorista. La Cía. prevé invertir 50 millones en 4 ejercicios.
Complementary Information
Financial Information
El
balance cerrado a 31/12/2010 (Deposito 2010) esta disponible en, pero existen datos
en los nuevos estados contables incorrectamente presentados.
Current situation
Según
BORME (SECCION SEGUNDA) de fecha 3/12/04, la empresa está en proceso de
escisión parcial, siendo beneficiaria INDUMENTA PUERI SL NIF: B92549781.
FINANCIAL INFORMATION
The information on the last
Individual Filed Accounts contained in this report is extracted from the
Mercantile Register file of the legal address of the Company and
dated 13/09/2011.
SITUATION BALANCE-SHEET
Assets
Figures
given in €
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
52.378.397,00 |
31,54 |
50.395.627,57 |
35,58 |
52.751.226,34 |
38,17 |
|
I. Intangible assets |
34.978,00 |
0,02 |
50.190,41 |
0,04 |
115.814,43 |
0,08 |
|
5. Software |
34.978,00 |
0,02 |
50.190,41 |
0,04 |
115.814,43 |
0,08 |
|
II. Tangible fixed assets |
42.276.571,00 |
25,46 |
40.067.279,73 |
28,29 |
43.000.020,66 |
31,12 |
|
1. Property, plant and
equipment |
31.625.043,00 |
19,04 |
32.307.040,53 |
22,81 |
22.596.879,92 |
16,35 |
|
2. Technical fittings and
other tangible assets |
6.196.627,00 |
3,73 |
7.760.239,20 |
5,48 |
10.112.799,13 |
7,32 |
|
3. Fixed assets in progress
and advances |
4.454.901,00 |
2,68 |
|
|
10.290.341,61 |
7,45 |
|
III. Real-estate investments |
1.001.236,00 |
0,60 |
1.703.637,25 |
1,20 |
1.715.014,18 |
1,24 |
|
1. Lands |
717.089,00 |
0,43 |
1.337.913,42 |
0,94 |
1.337.913,42 |
0,97 |
|
2. Buildings |
284.147,00 |
0,17 |
365.723,83 |
0,26 |
377.100,76 |
0,27 |
|
IV. Long term investments in
associated and affiliated companies |
9.029.195,00 |
5,44 |
8.525.721,50 |
6,02 |
7.878.495,12 |
5,70 |
|
1. Net worth instruments |
9.029.195,00 |
5,44 |
8.525.721,50 |
6,02 |
7.878.495,12 |
5,70 |
|
V. Long Term Financial
Investments |
36.417,00 |
0,02 |
48.798,68 |
0,03 |
41.881,95 |
0,03 |
|
2. Credits to third parties |
30.400,00 |
0,02 |
42.781,32 |
0,03 |
35.864,59 |
0,03 |
|
5. Other financial assets |
6.017,00 |
0,00 |
6.017,36 |
0,00 |
6.017,36 |
0,00 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial
debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
113.685.830,00 |
68,46 |
91.248.121,47 |
64,42 |
85.441.063,68 |
61,83 |
|
I. Non-current assets
maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
37.990.783,00 |
22,88 |
30.221.316,24 |
21,34 |
30.008.042,00 |
21,71 |
|
1. Goods available for sale |
33.507.157,00 |
20,18 |
27.630.327,53 |
19,51 |
26.993.221,41 |
19,53 |
|
2. Raw material inventory |
583.182,00 |
0,35 |
578.857,09 |
0,41 |
624.821,49 |
0,45 |
|
4. Finished goods |
3.900.444,00 |
2,35 |
2.012.131,62 |
1,42 |
2.389.999,10 |
1,73 |
|
b) Short production cycle |
3.900.444,00 |
2,35 |
2.012.131,62 |
1,42 |
2.389.999,10 |
1,73 |
|
III. Trade Debtors and other
receivable accounts |
20.654.867,00 |
12,44 |
23.407.956,75 |
16,53 |
24.777.752,39 |
17,93 |
|
1. Clients |
3.459.066,00 |
2,08 |
4.182.926,36 |
2,95 |
4.129.986,26 |
2,99 |
|
b) Clients for sales and
short term services rendering |
3.459.066,00 |
2,08 |
4.182.926,36 |
2,95 |
4.129.986,26 |
2,99 |
|
2. Clients group and
associated companies |
15.247.516,00 |
9,18 |
17.338.982,67 |
12,24 |
15.688.947,91 |
11,35 |
|
3. Other debts |
8.425,00 |
0,01 |
184.364,18 |
0,13 |
287.967,70 |
0,21 |
|
4. Staff |
|
|
|
|
2.561,65 |
0,00 |
|
6. Other credits with the
Public Administrations |
1.939.860,00 |
1,17 |
1.701.683,54 |
1,20 |
4.668.288,87 |
3,38 |
|
IV. Short term investments
in associated and affiliated companies |
4.348.119,00 |
2,62 |
|
|
|
|
|
2. Credits to companies |
4.231.940,00 |
2,55 |
|
|
|
|
|
3. Debt representative
values |
116.179,00 |
0,07 |
|
|
|
|
|
V. Short term financial
investments |
13.135.163,00 |
7,91 |
12.350.363,86 |
8,72 |
1.718.406,41 |
1,24 |
|
3. Debt representative values |
13.131.249,00 |
7,91 |
12.326.435,51 |
8,70 |
938.967,15 |
0,68 |
|
4. By-products |
|
|
11.529,62 |
0,01 |
767.119,89 |
0,56 |
|
5. Other financial assets |
3.914,00 |
0,00 |
12.398,73 |
0,01 |
12.319,37 |
0,01 |
|
VI. Short term
periodifications |
|
|
20.836,11 |
0,01 |
47.146,21 |
0,03 |
|
VII. Cash and equivalents |
37.556.898,00 |
22,62 |
25.247.648,51 |
17,82 |
28.889.716,67 |
20,91 |
|
1. Treasury |
12.174.013,00 |
7,33 |
14.847.648,51 |
10,48 |
9.189.716,67 |
6,65 |
|
2. Other cash equivalents |
25.382.885,00 |
15,28 |
10.400.000,00 |
7,34 |
19.700.000,00 |
14,26 |
|
TOTAL ASSETS (A + B) |
166.064.227,00 |
100,00 |
141.643.749,04 |
100,00 |
138.192.290,02 |
100,00 |
Net Worth and Liabilities
Figures
given in €
|
|
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
31/12/2008 (12) |
% ASSETS |
|
A) NET WORTH |
127.200.625,00 |
76,60 |
109.450.353,76 |
77,27 |
98.925.326,52 |
71,59 |
|
A-1) Equity |
127.200.625,00 |
76,60 |
109.450.353,76 |
77,27 |
98.925.326,52 |
71,59 |
|
I. Capital |
2.033.000,00 |
1,22 |
2.033.000,00 |
1,44 |
2.033.000,00 |
1,47 |
|
1. Authorized capital |
2.033.000,00 |
1,22 |
2.033.000,00 |
1,44 |
2.033.000,00 |
1,47 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
99.292.012,00 |
59,79 |
78.937.231,22 |
55,73 |
78.937.231,22 |
57,12 |
|
1. Legal and statutory |
500.000,00 |
0,30 |
500.000,00 |
0,35 |
500.000,00 |
0,36 |
|
2. Other funds |
98.792.012,00 |
59,49 |
78.437.231,22 |
55,38 |
78.437.231,22 |
56,76 |
|
IV. (Net worth own shares
and participations) |
|
|
|
|
|
|
|
V. Results from previous
years |
|
|
9.955.095,30 |
7,03 |
|
|
|
1. Carry over |
|
|
9.955.095,30 |
7,03 |
|
|
|
VI. Other loans from
partners |
|
|
|
|
|
|
|
VII. Exercise Result |
25.875.613,00 |
15,58 |
18.525.027,24 |
13,08 |
17.955.095,30 |
12,99 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth
instruments |
|
|
|
|
|
|
|
A-2) Value changes
adjustments |
|
|
|
|
|
|
|
I. Financial assets
available for sale |
|
|
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
|
|
III. Non-current assets and
related liabilities, maintained for sale |
|
|
|
|
|
|
|
IV. Conversion differences |
|
|
|
|
|
|
|
V. Other |
|
|
|
|
|
|
|
A-3) Received legacies,
grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
2.324.264,00 |
1,40 |
2.848.873,31 |
2,01 |
4.924.213,05 |
3,56 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
1.815.837,00 |
1,09 |
2.848.873,31 |
2,01 |
4.924.213,05 |
3,56 |
|
2. Debts with bank entities |
1.813.737,00 |
1,09 |
2.838.373,31 |
2,00 |
3.874.090,90 |
2,80 |
|
5. Other financial liabilities |
2.100,00 |
0,00 |
10.500,00 |
0,01 |
1.050.122,15 |
0,76 |
|
III. Long term debts with
associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred
taxes |
508.427,00 |
0,31 |
|
|
|
|
|
V. Long term
periodifications |
|
|
|
|
|
|
|
VI. Non current trade
creditors |
|
|
|
|
|
|
|
VII. Long term debts with
special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
36.539.338,00 |
22,00 |
29.344.521,97 |
20,72 |
34.342.750,45 |
24,85 |
|
I. Liabilities related with
non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
1.157.186,00 |
0,70 |
2.683.826,64 |
1,89 |
8.943.706,85 |
6,47 |
|
2. Debts with bank entities |
1.018.977,00 |
0,61 |
999.361,00 |
0,71 |
954.024,40 |
0,69 |
|
4. By-products |
132.098,00 |
0,08 |
321.581,82 |
0,23 |
17.704,28 |
0,01 |
|
5. Other financial
liabilities |
6.111,00 |
0,00 |
1.362.883,82 |
0,96 |
7.971.978,17 |
5,77 |
|
IV. Short term debts with
associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other
payable accounts |
35.382.152,00 |
21,31 |
26.660.695,33 |
18,82 |
25.399.043,60 |
18,38 |
|
1. Suppliers |
19.897.796,00 |
11,98 |
15.328.141,50 |
10,82 |
14.377.282,46 |
10,40 |
|
b) Short term suppliers |
19.897.796,00 |
11,98 |
15.328.141,50 |
10,82 |
14.377.282,46 |
10,40 |
|
2. Suppliers group and
associated companies |
4.682.580,00 |
2,82 |
4.162.903,44 |
2,94 |
3.384.696,87 |
2,45 |
|
3. Different creditors |
1.419.934,00 |
0,86 |
1.307.392,19 |
0,92 |
1.490.945,72 |
1,08 |
|
4. Staff (pending
remunerations) |
742.814,00 |
0,45 |
700.009,79 |
0,49 |
676.138,87 |
0,49 |
|
5. Liabilities by current
taxes |
5.149.589,00 |
3,10 |
3.147.590,43 |
2,22 |
3.104.772,77 |
2,25 |
|
6. Other debts with Public
Administrations |
1.642.736,00 |
0,99 |
1.652.048,98 |
1,17 |
2.086.102,45 |
1,51 |
|
7. Clients pre-payments |
1.846.703,00 |
1,11 |
362.609,00 |
0,26 |
279.104,46 |
0,20 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with
special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND
LIABILITIES (A + B + C) |
166.064.227,00 |
100,00 |
141.643.749,04 |
100,00 |
138.192.290,02 |
100,00 |
PROFIT AND LOSS ACCOUNT
Figures
given in €
|
|
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
31/12/2008 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
166.335.120,00 |
99,77 |
149.220.738,78 |
99,66 |
134.700.715,03 |
99,55 |
|
A) Sales |
166.335.120,00 |
99,77 |
149.210.662,14 |
99,65 |
134.546.052,30 |
99,44 |
|
b) Services provided |
|
|
10.076,64 |
0,01 |
154.662,73 |
0,11 |
|
2. Variation in stocks of
finished goods and work in progress |
1.888.313,00 |
1,13 |
-377.867,48 |
-0,25 |
172.588,95 |
0,13 |
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-103.066.475,00 |
-61,82 |
-93.403.753,45 |
-62,38 |
-82.115.519,74 |
-60,69 |
|
a) Material consumed |
-69.453.634,00 |
-41,66 |
-68.663.776,69 |
-45,86 |
-61.610.008,23 |
-45,53 |
|
b) Raw materials consumed |
-23.163.546,00 |
-13,89 |
-15.336.491,45 |
-10,24 |
-11.894.297,66 |
-8,79 |
|
c) Works carried out for other
companies |
-10.449.295,00 |
-6,27 |
-9.403.485,31 |
-6,28 |
-8.611.213,85 |
-6,36 |
|
5. Other operating income |
378.783,00 |
0,23 |
515.596,91 |
0,34 |
605.645,36 |
0,45 |
|
a) Other incomes |
279.051,00 |
0,17 |
422.769,64 |
0,28 |
431.747,22 |
0,32 |
|
b) Operating grants included
in the exercise result |
99.732,00 |
0,06 |
92.827,27 |
0,06 |
173.898,14 |
0,13 |
|
6. Labour cost |
-8.220.159,00 |
-4,93 |
-7.856.600,81 |
-5,25 |
-7.654.658,20 |
-5,66 |
|
a) Wages and similar
expenses |
-6.588.341,00 |
-3,95 |
-6.217.161,30 |
-4,15 |
-6.124.332,12 |
-4,53 |
|
b) Social costs |
-1.631.818,00 |
-0,98 |
-1.639.439,51 |
-1,09 |
-1.530.326,08 |
-1,13 |
|
7. Other operating costs |
-20.855.478,00 |
-12,51 |
-19.118.190,08 |
-12,77 |
-18.973.298,24 |
-14,02 |
|
a) External services |
-20.570.230,00 |
-12,34 |
-18.750.518,74 |
-12,52 |
-18.734.133,20 |
-13,85 |
|
b) Taxes |
-124.119,00 |
-0,07 |
-163.028,81 |
-0,11 |
-81.266,04 |
-0,06 |
|
c) Losses, deterioration and
variation on business operations provisions |
-161.129,00 |
-0,10 |
-204.642,53 |
-0,14 |
-157.899,00 |
-0,12 |
|
8. Amortization of fixed
assets |
-2.343.433,00 |
-1,41 |
-3.725.659,10 |
-2,49 |
-2.652.732,32 |
-1,96 |
|
9. Allocation of subventions
on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result
for fixed assets disposal |
-379.125,00 |
-0,23 |
-1.465,54 |
0,00 |
|
|
|
b) Results for disposals and
others |
-379.125,00 |
-0,23 |
-1.465,54 |
0,00 |
|
|
|
12. Negative difference of
business combinations |
|
|
|
|
|
|
|
13. Other results |
-85.064,00 |
-0,05 |
-184.360,79 |
-0,12 |
-102.578,75 |
-0,08 |
|
A.1) OPERATING RESULT (1 + 2
+ 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 + 13) |
33.652.482,00 |
20,19 |
25.068.438,44 |
16,74 |
23.980.162,09 |
17,72 |
|
14. Financial income |
950.291,00 |
0,57 |
498.382,58 |
0,33 |
1.276.469,72 |
0,94 |
|
b) From negotiable values
and other financial instruments |
950.291,00 |
0,57 |
498.382,58 |
0,33 |
1.276.469,72 |
0,94 |
|
b 1) From group and
associated companies |
143.431,00 |
0,09 |
15.226,71 |
0,01 |
144.356,16 |
0,11 |
|
b 2) From third parties |
806.860,00 |
0,48 |
483.155,87 |
0,32 |
1.132.113,56 |
0,84 |
|
15. Financial expenses |
-72.310,00 |
-0,04 |
-196.223,42 |
-0,13 |
-186.149,91 |
-0,14 |
|
b) For debts with third
parties |
-72.310,00 |
-0,04 |
-196.223,42 |
-0,13 |
-186.149,91 |
-0,14 |
|
16. Reasonable value
variation on financial instruments |
-132.097,00 |
-0,08 |
-310.052,20 |
-0,21 |
749.415,61 |
0,55 |
|
a) Negotiation portfolio and
others |
-132.097,00 |
-0,08 |
-310.052,20 |
-0,21 |
749.415,61 |
0,55 |
|
17. Exchange differences |
1.563.687,00 |
0,94 |
362.889,95 |
0,24 |
-369.058,30 |
-0,27 |
|
18. Deterioration and result
for disposal of financial instruments |
325.678,00 |
0,20 |
509.748,05 |
0,34 |
-309.248,10 |
-0,23 |
|
a) Deteriorations and losses |
325.678,00 |
0,20 |
509.748,05 |
0,34 |
-309.248,10 |
-0,23 |
|
19. Other financial income
and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 +
15 + 16 + 17 + 18 + 19) |
2.635.249,00 |
1,58 |
864.744,96 |
0,58 |
1.161.429,02 |
0,86 |
|
A.3) RESULT BEFORE TAXES
(A.1 + A.2) |
36.287.731,00 |
21,77 |
25.933.183,40 |
17,32 |
25.141.591,11 |
18,58 |
|
20. Taxes on profits |
-10.412.118,00 |
-6,25 |
-7.408.156,16 |
-4,95 |
-7.186.495,81 |
-5,31 |
|
A.4) EXERCISE RESULT COMING
FROM CONTINUED OPERATIONS (A.3 + 20) |
25.875.613,00 |
15,52 |
18.525.027,24 |
12,37 |
17.955.095,30 |
13,27 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise
result coming from discontinued operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 +
21) |
25.875.613,00 |
15,52 |
18.525.027,24 |
12,37 |
17.955.095,30 |
13,27 |
NET WORTH CHANGES STATUS
Status of recognized income
and expenses
Figures
given in €
|
NET WORTH CHANGES (1/3) |
31/12/2010 (12) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) PROFIT AND LOSS ACCOUNT
RESULT |
25.875.613,00 |
18.525.027,24 |
17.955.095,30 |
|
INCOME AND EXPENSES
ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
I. For valuation of
financial instruments |
|
|
|
|
II. Cash flow coverage |
|
|
|
|
III. Received legacies,
grants and subventions |
|
|
|
|
IV. For actuarial profits
and losses and other adjustments |
-125.342,00 |
|
|
|
V. Non-current assets and
related liabilities, maintained for sale |
|
|
|
|
VI. Conversion differences |
|
|
|
|
VII. Tax effect |
|
|
|
|
B) TOTAL INCOME AND EXPENSES
ALLOCATED DIRECTLY TO NET WORTH (I + II + III + IV +V+VI+VII) |
-125.342,00 |
|
|
|
PROFIT AND LOSS ACCOUNT
TRANSFERS |
|
|
|
|
VIII. For valuation of
financial instruments |
|
|
|
|
IX. Cash flow coverage |
|
|
|
|
X. Received legacies, grants
and subventions |
|
|
|
|
XI. Non-current assets and
related liabilities, maintained for sale |
|
|
|
|
XII. Conversion differences |
|
|
|
|
XIII. Tax effect |
|
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT
AND LOSS ACCOUNT (VIII + IX + X + XI+ XII+ XIII) |
|
|
|
|
TOTAL INCOME AND EXPENSES
RECOGNIZED (A + B + C) |
25.750.271,00 |
18.525.027,24 |
17.955.095,30 |
Total net worth changes status
Figures
given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS YEARS |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF
EXERCISE (2007) |
2.033.000,00 |
75.061.949,39 |
|
18.853.187,93 |
|
I. Adjustments by change of criteria
in the exercise (2007) |
|
|
|
|
|
II. Adjustments by errors in
the exercise (2007) |
|
22.093,90 |
|
|
|
ADJUSTED ACCOUNT BALANCE,
BEGINNING OF EXERCISE (2008) |
2.033.000,00 |
75.084.043,29 |
|
18.853.187,93 |
|
I. Total recognized income and
expenses |
|
|
|
17.955.095,30 |
|
II. Operations with partners
or owners |
|
-15.000.000,00 |
|
|
|
4. (-) Dividends
distribution |
|
-15.000.000,00 |
|
|
|
III. Other net worth
variations |
|
18.853.187,93 |
|
-18.853.187,93 |
|
FINAL ACCOUNT BALANCE OF
EXERCISE (2008) |
2.033.000,00 |
78.937.231,22 |
|
17.955.095,30 |
|
I. Adjustments by change of
criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in
the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE,
BEGINNING OF EXERCISE (2009) |
2.033.000,00 |
78.937.231,22 |
|
17.955.095,30 |
|
I. Total recognized income
and expenses |
|
|
|
18.525.027,24 |
|
II. Operations with partners
or owners |
|
|
-8.000.000,00 |
|
|
4. (-) Dividends
distribution |
|
|
-8.000.000,00 |
|
|
III. Other net worth
variations |
|
|
17.955.095,30 |
-17.955.095,30 |
|
FINAL ACCOUNT BALANCE OF
EXERCISE (2009) |
2.033.000,00 |
78.937.231,22 |
9.955.095,30 |
18.525.027,24 |
|
I. Adjustments by change of
criteria in the exercise (2009) |
|
|
|
|
|
II. Adjustments by errors in
the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE,
BEGINNING OF EXERCISE (2010) |
2.033.000,00 |
78.937.231,22 |
9.955.095,30 |
18.525.027,24 |
|
I. Total recognized income
and expenses |
|
-125.342,00 |
|
25.875.613,00 |
|
II. Operations with partners
or owners |
|
|
-8.000.000,00 |
|
|
4. (-) Dividends
distribution |
|
|
-8.000.000,00 |
|
|
III. Other net worth
variations |
|
20.480.122,54 |
-1.955.095,30 |
-18.525.027,24 |
|
FINAL ACCOUNT BALANCE OF
EXERCISE (2010) |
2.033.000,00 |
99.292.011,76 |
|
25.875.613,00 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF
EXERCISE (2007) |
95.948.137,32 |
|
||
|
I. Adjustments by change of
criteria in the exercise (2007) |
|
|
||
|
II. Adjustments by errors in
the exercise (2007) |
22.093,90 |
|
||
|
ADJUSTED ACCOUNT BALANCE,
BEGINNING OF EXERCISE (2008) |
95.970.231,22 |
|
||
|
I. Total recognized income and
expenses |
17.955.095,30 |
|
||
|
II. Operations with partners
or owners |
-15.000.000,00 |
|
||
|
4. (-) Dividends
distribution |
-15.000.000,00 |
|
||
|
III. Other net worth
variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF
EXERCISE (2008) |
98.925.326,52 |
|
||
|
I. Adjustments by change of
criteria in the exercise (2008) |
|
|
||
|
II. Adjustments by errors in
the exercise (2008) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE,
BEGINNING OF EXERCISE (2009) |
98.925.326,52 |
|
||
|
I. Total recognized income
and expenses |
18.525.027,24 |
|
||
|
II. Operations with partners
or owners |
-8.000.000,00 |
|
||
|
4. (-) Dividends
distribution |
-8.000.000,00 |
|
||
|
III. Other net worth
variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE
(2009) |
109.450.353,76 |
|
||
|
I. Adjustments by change of
criteria in the exercise (2009) |
|
|
||
|
II. Adjustments by errors in
the exercise (2009) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE,
BEGINNING OF EXERCISE (2010) |
109.450.353,76 |
|
||
|
I. Total recognized income
and expenses |
25.750.271,00 |
|
||
|
II. Operations with partners
or owners |
-8.000.000,00 |
|
||
|
4. (-) Dividends
distribution |
-8.000.000,00 |
|
||
|
III. Other net worth
variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE
(2010) |
127.200.624,76 |
|
||
CASH FLOW STATUS
Figures
given in €
|
|
31/12/2010 (12) |
31/12/2009 (12) |
31/12/2008 (12) |
|
A) CASH FLOW COMING FROM
OPERATING ACTIVITIES |
|
|
|
|
1. exercise result before
taxes |
36.287.731,00 |
25.933.183,40 |
25.141.591,11 |
|
2. Results adjustments |
248.438,00 |
3.067.022,21 |
1.258.050,10 |
|
a) Amortization of fixed
assets (+) |
2.343.433,00 |
3.725.659,10 |
2.652.732,32 |
|
b) Value correction for
deterioration (+/-) |
-164.549,00 |
-305.105,52 |
467.147,10 |
|
e) Results for decline and
disposal of fixed assets (+/-) |
379.125,00 |
1.465,54 |
|
|
g) Financial income (-) |
-950.291,00 |
-498.382,58 |
-1.276.469,72 |
|
f) Financial expenses (+) |
72.310,00 |
196.223,42 |
186.149,91 |
|
i) Change difference (+/-) |
-1.563.687,00 |
-362.889,95 |
|
|
j) Reasonable value
variation on financial instruments (+/-) |
132.097,00 |
310.052,20 |
-749.415,61 |
|
k) Other income and expenses
(-/+) |
|
|
-22.093,90 |
|
3. Changes in current
capital |
1.562.788,00 |
2.197.023,04 |
-2.638.808,22 |
|
a) Stocks (+/-) |
-7.769.467,00 |
-213.274,24 |
-6.652.580,21 |
|
b) Debtors and other
receivable accounts (+/-) |
2.591.961,00 |
1.527.762,11 |
-2.859.525,28 |
|
c) Other current assets
(+/-) |
20.836,00 |
26.310,10 |
3.201.700,60 |
|
d) Creditors and other
payable accounts (+/-) |
6.719.458,00 |
856.225,07 |
4.375.519,23 |
|
e) Other current liabilities
(+/-) |
|
|
-703.922,56 |
|
4. Other cash flow coming
from operating activities |
-7.272.023,00 |
-7.102.497,38 |
-6.048.943,00 |
|
a) Interests payments (-) |
-73.194,00 |
-235.541,46 |
-138.916,91 |
|
c) Interests collections (+) |
702.863,00 |
498.382,58 |
1.276.469,72 |
|
d) Collections (payments)
for profit tax (+/-) |
-7.901.692,00 |
-7.365.338,50 |
-7.186.495,81 |
|
5. Cash flow coming from
operating activities (1 + 2 + 3 + 4) |
30.826.934,00 |
24.094.731,27 |
17.711.889,99 |
|
B) CASH FLOW COMING FROM INVESTING
ACTIVITIES |
|
|
|
|
6. Investment payments (-) |
-7.027.434,00 |
-16.295.934,88 |
-14.722.199,08 |
|
a) Group and associated
companies |
-177.795,00 |
-137.478,33 |
-1.690.414,14 |
|
b) Intangible assets |
-34.728,00 |
-5.934,80 |
-81.379,00 |
|
c) Tangible assets |
-6.162.212,00 |
-4.758.057,30 |
-12.934.905,94 |
|
e) Other financial assets |
-652.699,00 |
-11.394.464,45 |
-15.500,00 |
|
7. Disinvestment collections
(+) |
1.868.893,00 |
813.729,23 |
16.300,00 |
|
c) Tangible assets |
1.857.363,00 |
46.609,34 |
|
|
e) Other financial assets |
11.530,00 |
767.119,89 |
16.300,00 |
|
8. Cash Flow in investment
activities (6 + 7) |
-5.158.541,00 |
-15.482.205,65 |
-14.705.899,08 |
|
C) CASH FLOW COMING FROM
FINANCING ACTIVITIES |
|
|
|
|
9. Net worth instruments
collections and payments |
|
|
|
|
10. Financial liabilities
instruments collections and payments |
-6.635.317,00 |
-1.904.997,83 |
-1.053.350,15 |
|
a) Issue |
|
|
5.000.000,00 |
|
2. Debts with bank entities
(+) |
|
|
5.000.000,00 |
|
b) Return and amortization
of |
-6.635.317,00 |
-1.904.997,83 |
-6.053.350,15 |
|
2. Debts with bank entities
(-) |
-1.004.136,00 |
-951.062,95 |
-1.125.909,10 |
|
3. Debts with group and
associated companies (-) |
-4.231.940,00 |
|
|
|
5. Other debts (-) |
-1.399.241,00 |
-953.934,88 |
-4.927.441,05 |
|
11. Payments for dividends
and remunerations of other net worth instruments |
-8.287.514,00 |
-10.712.485,90 |
-15.000.000,00 |
|
a) Dividends (-) |
-8.287.514,00 |
-10.712.485,90 |
-15.000.000,00 |
|
12. Cash Flow in financing
activities (9 + 10 + 11) |
-14.922.831,00 |
-12.617.483,73 |
-16.053.350,15 |
|
D) Exchange rate variations
effect |
1.563.687,00 |
362.889,95 |
|
|
E) NET CASH OR EQUIVALENTS INCREASE
/ REDUCTION (5 + 8 + 12 + D) |
12.309.249,00 |
-3.642.068,16 |
-13.047.359,24 |
|
Cash or equivalents at the
beginning of the exercise |
25.247.649,00 |
28.889.716,67 |
41.937.075,91 |
|
Cash or equivalents at the
end of the exercise |
37.556.898,00 |
25.247.648,51 |
28.889.716,67 |
RATIOS
|
|
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
CHANGE % |
31/12/2008 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
77.146.492,00 |
24,62 |
61.903.599,50 |
21,15 |
51.098.313,23 |
|
Working capital ratio |
0,46 |
6,82 |
0,44 |
18,92 |
0,37 |
|
Soundness Ratio |
2,43 |
11,98 |
2,17 |
15,43 |
1,88 |
|
Average Collection Period
(days) |
45 |
-21,02 |
57 |
-14,67 |
66 |
|
Average Payment Period
(days) |
103 |
20,68 |
85 |
-5,58 |
90 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
311,13 |
0,05 |
310,96 |
24,99 |
248,79 |
|
Quick Ratio (%) |
138,73 |
8,27 |
128,13 |
43,76 |
89,12 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
1,79 |
-54,22 |
3,91 |
-61,06 |
10,04 |
|
External Financing Average
Cost |
0,02 |
-50,00 |
0,04 |
300,00 |
0,01 |
|
Debt Service Coverage |
0,10 |
-56,52 |
0,23 |
-70,51 |
0,78 |
|
Interest Coverage |
465,39 |
264,27 |
127,76 |
-0,82 |
128,82 |
|
GENERAL AND ACTIVITIES
RATIOS |
|||||
|
Auto financing generated by
sales (%) |
18,53 |
14,74 |
16,15 |
22,81 |
13,15 |
|
Auto financing generated by
Assets (%) |
18,56 |
9,11 |
17,01 |
32,68 |
12,82 |
|
Breakdown Point |
1,25 |
4,17 |
1,20 |
-1,64 |
1,22 |
|
Average Sales Volume per
Employee |
884.761,28 |
9,10 |
810.982,28 |
7,77 |
752.517,96 |
|
Average Cost per Employee |
43.724,25 |
2,40 |
42.698,92 |
-0,15 |
42.763,45 |
|
Assets Turnover |
1,00 |
-4,76 |
1,05 |
7,14 |
0,98 |
|
Inventory Turnover (days) |
133 |
13,89 |
117 |
-11,23 |
131 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
20,26 |
14,52 |
17,70 |
2,02 |
17,35 |
|
Operating Profitability (%) |
21,45 |
5,51 |
20,33 |
5,50 |
19,27 |
|
Return on Equity (ROE) (%) |
28,53 |
20,43 |
23,69 |
-6,81 |
25,42 |
SECTORIAL ANALYSIS
Balance Sheet and Financial
Balance
Figures
expressed in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: %
on the total assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
31,54 |
22,74 |
8,80 |
|
A) CURRENT ASSETS |
68,46 |
77,26 |
-8,80 |
|
LIABILITIES |
|||
|
A) NET WORTH |
76,60 |
29,99 |
46,61 |
|
B) NON CURRENT LIABILITIES |
1,40 |
9,05 |
-7,65 |
|
C) CURRENT LIABILITIES |
22,00 |
60,96 |
-38,96 |
|
|
|
|
|
Results Analytical Account
Figures
given in %
|
|
COMPANY (2010) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
99,77 |
99,94 |
-0,17 |
|
Other operating income |
0,23 |
0,06 |
0,17 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-61,82 |
-82,47 |
20,65 |
|
Variation in stocks of
finished goods and work in progress |
1,13 |
-2,24 |
3,37 |
|
GROSS MARGIN |
39,31 |
15,29 |
24,02 |
|
Other operating costs |
-12,51 |
-5,19 |
-7,32 |
|
Labour cost |
-4,93 |
-7,41 |
2,48 |
|
GROSS OPERATING RESULT |
21,87 |
2,69 |
19,18 |
|
Amortization of fixed assets |
-1,41 |
-0,71 |
-0,70 |
|
Deterioration and result for
fixed assets disposal |
-0,23 |
-0,03 |
-0,20 |
|
Other expenses / income |
|
0,02 |
|
|
NET OPERATING RESULT |
20,19 |
1,97 |
18,22 |
|
Financial result |
1,58 |
-0,31 |
1,89 |
|
RESULT BEFORE TAX |
21,77 |
1,66 |
20,11 |
|
Taxes on profits |
-6,25 |
-0,40 |
-5,85 |
|
RESULT COMING FROM CONTINUED
OPERATIONS |
15,52 |
1,27 |
14,25 |
|
Exercise result coming from
discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
15,52 |
1,27 |
14,25 |
|
Amortization of fixed assets |
-1,41 |
-0,71 |
-0,70 |
|
Deterioration and provisions
variation |
-1,50 |
-0,06 |
-1,44 |
|
|
18,43 |
2,03 |
16,40 |
Main Ratios
Figures
given in €
|
|
COMPANY (2010) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
77.146.492,00 |
4.433.797,25 |
5.430.341,00 |
5.809.446,51 |
|
Working capital ratio |
0,46 |
0,09 |
0,21 |
0,32 |
|
Soundness Ratio |
2,43 |
1,51 |
3,51 |
6,15 |
|
Average Collection Period
(days) |
45 |
45 |
99 |
111 |
|
Average Payment Period
(days) |
103 |
67 |
83 |
95 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
311,13 |
120,29 |
131,12 |
153,04 |
|
Quick Ratio (%) |
138,73 |
0,02 |
0,06 |
3,76 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
1,79 |
14,52 |
23,47 |
53,15 |
|
External Financing Average
Cost |
0,02 |
0,03 |
0,05 |
0,09 |
|
Debt Service Coverage |
0,10 |
-12,86 |
1,94 |
15,21 |
|
Interest Coverage |
465,39 |
-1,26 |
0,60 |
17,16 |
|
GENERAL AND ACTIVITIES
RATIOS |
|
|
|
|
|
Auto financing generated by
sales (%) |
18,53 |
-0,54 |
1,47 |
4,17 |
|
Auto financing generated by
Assets (%) |
18,56 |
-1,52 |
3,52 |
10,36 |
|
Breakdown Point |
1,25 |
0,99 |
1,02 |
1,04 |
|
Average Sales Volume per
Employee |
884.761,28 |
395.728,12 |
742.502,14 |
1.061.207,12 |
|
Average Cost per Employee |
43.724,25 |
29.203,15 |
33.143,73 |
39.091,97 |
|
Assets Turnover |
1,00 |
2,06 |
2,81 |
3,56 |
|
Inventory Turnover (days) |
133 |
10 |
17 |
113 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
20,26 |
-1,84 |
1,63 |
14,11 |
|
Operating Profitability (%) |
21,45 |
-0,84 |
3,99 |
15,16 |
|
Return on Equity (ROE) (%) |
28,53 |
-15,48 |
3,01 |
40,35 |
ADDITIONAL INFORMATION
Consulted Sources
Central Mercantile Register
Mercantile Registrars
Chamber of Commerce /
Camerdata
Tax Administration / VIES
Consultation
Tax Administration /
Consultation by NIF
INTERNET
Telephone directory: PÁGINAS
AMARILLAS
Telephone directory: PÁGINAS
BLANCAS
Telephone directory: QDQ
This
company has been consulted was last displayed on 27/06/2012, 40
times in the last quarter and 2.664 total times.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.55 |
|
|
1 |
Rs.85.47 |
|
Euro |
1 |
Rs.68.70 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.