MIRA INFORM REPORT

Report Date :

07.07.2012

IDENTIFICATION DETAILS

Correct Name :	BRIN DE FILLE
Registered Office :	85 B Rue Reaumur, 75002 Paris 2
Country :	France
Financials (as on) :	31.12.2010
Date of Incorporation :	February 1996
Com. Reg. No.:	RCS Paris 9 403 727 001
Legal Form :	Limited Liability Company
Line of Business :	Manufacturer of outerwear
No. of Employees :	10 to 19 employees

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 31^st, 2012

Country Name	Previous Rating (31.12.2011)	Current Rating (31.03.2012)
France	A2	A2

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 BRIN DE FILLE

company summary

Safe Number	FR12221313
Activity (APE)	Fabrication de vêtements de dessus (1413Z) (Manufacture of outerwear)	Legal form	Limited Liability Company
Phone	01 42 21 49 29	RCS Registration	RCS Paris 9 403 727 001
Fax		Share capital	60,000 Euros
Address	BRIN DE FILLE DEBY DEBO 85 B RUE REAUMUR 75002 PARIS 2	Incorporated Date	02/1996
Nationality	France	Status	Economically active

Company details

Activity (APE)	Fabrication de vêtements de dessus (1413Z)
RCS Registration	RCS Paris 9 403 727 001	Share capital	60,000 Euros
Registration Court	Paris (75)	Legal form	Limited Liability Company
Court Registry Number	19 9 6B020	EU VAT Number	FR21403727001
Incorporation Date	02/1996	Formation Date	01/1996
Deregistration Date		Last account Date	31/12/2010
Nationality	France

Establishment details

Activity (APE)	Fabrication de vêtements de dessus (1413Z)	Business Pages FT®	PRET PORTER TAILLEUR FOURNITURE
Postal Address	BRIN DE FILLE DEBY DEBO 85 B RUE REAUMUR 75002 PARIS 2	Trading Address	115 BD DE Sebas ToPol 75002 Paris, France
Telephone	01 42 21 49 29
Fax

Type	Head office	Status	Economically active
Formation Date	09/2011	Reason for formation	N/R
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department		Region	Ile-de-France
District		Area
City	PARIS 2	Size of urban area

DIRECTORS/MANAGEMENT

Current Directors

1

directors

Name	M. ALLOUCHE CEDRIC CARL SION
Manager position	Gérant	Date of birth	21/02/1974
Place of birth	ISSY LES MOULINEAUX (92130)
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
Gérant	M CEDRIC CARL SION ALLOUCHE
Gérant	M CEDRIC ALLOUCHE

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

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

SHARE & SHARE CAPITAL INFORMATION

Na

GROUP STRUCTURE & AFFILIATED COMPANIES

Group data

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

Linkages

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

FINANCIAL INFORMATION

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2010	31/12/2009	31/12/2008
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	10/10/2011	14/10/2010	30/10/2009
Activity Code	1413Z	1413Z	1413Z
Employees	0	0	0

Active account

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	664 084	-11,4%	749 154	-2,5%	768 531	23 854,50	2683,9%
- Intangible assets	505 049	-10,6%	565 067	-0,6%	568 249	1 146,50	43951,4%
- Tangible assets	119 955	-12,5%	137 144	-11,2%	154 527	5 203,50	2205,3%
- Financial assets	39 080	-16,8%	46 943	2,6%	45 755	2 769,50	1311,1%
Net current assets	2 253 743	15,1%	1 958 194	24,7%	1 570 473	130 465	1627,5%
- Stocks	397 005	6,2%	373 701	-21,7%	477 535	22 577,50	1658,4%
- Advanced payments	0	15,1%	0	0%	0	0	0%
- Receivables	1 462 094	8,9%	1 342 527	39,5%	962 287	36 491,50	3906,7%
- Securities and cash	394 644	63,1%	241 966	85,2%	130 648	17 435	2163,5%
- Prepaid expenses	-	-	-	-	-	01	-
Accounts of regularization	318	0%	0	0%	0	0	0%
Total Assets	2 918 145	7,8%	2 707 347	15,7%	2 339 004	173 096	1585,9%

Passive Account

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Shareholders' equity	1 728 326	23,9%	1 395 449	15,3%	1 210 330	37 286	4535,3%
Share capital	60 000	0%	60 000	0%	60 000	8 000	650,0%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	318	0%	0	0%	0	0	0%
Liabilities	1 186 634	-9,5%	1 311 897	16,2%	1 128 670	111 229,50	966,8%
- Financial liabilities	171 874	-48,2%	332 041	-25,8%	447 664	12 138	1316,0%
- Advanced payments received	0	0%	0	0%	45	0	0%
- Trade account payables	694 213	2,6%	676 360	32,5%	510 463	22 254	3019,5%
- Tax and social liabilities	300 229	3,4%	290 269	84,8%	157 076	40 456	642,1%
- Other debts and fixed assets liabilities	23 185	75,3%	13 227	-1,5%	13 422	4 588,50	405,3%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	2 918 145	7,8%	2 707 347	15,7%	2 339 003	173 096,50	1585,8%

Results

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Sales of Goods	7 144 041	26,4%	5 653 869	-4,4%	5 915 759	253 310	2720,3%
Net turnover	6 713 235	23,4%	5 441 637	-4,0%	5 668 378	235 702	2748,2%
- of which net export turnover	2 113 839	22,0%	1 733 332	-20,5%	2 181 472	0	0%
Operating charges	6 840 410	24,4%	5 498 666	-4,2%	5 737 294	250 934,50	2626,0%
Operating profit/loss	303 631	95,6%	155 203	-13,0%	178 465	2 014	14976,0%
Financial income	54 762	86,5%	29 360	0,1%	29 339	3,50	1564528,6%
Financial charges	170 209	17,6%	144 691	-24,3%	191 180	531	31954,4%
Financial profit/loss	-115 447	-0,1%	-115 331	28,7%	-161 841	-122,50	-94142,4%
Pretax net operating income	188 184	372,0%	39 872	139,8%	16 624	1 782	10460,3%
Extraordinary income	164 350	0%	0	0%	32 473	01	16434900%
Extraordinary charges	143 554	2270,8%	6 055	20,8%	5 014	136	105454,4%
Extraordinary profit/loss	20 796	5597,6%	-6 055	-122,1%	27 459	0	0%
Net result	332 877	79,8%	185 117	27,4%	145 320	3 068	10750,0%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2010	31/12/2009	31/12/2008
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2010		31/12/2009		31/12/2008
	Grand Total (I to VI)	Net	2 918 145	7,8%	2 707 347	15,7%	2 339 004
	Gross	CO	3 291 296	6,8%	3 080 524	14,8%	2 684 011
	Amortisation	1A	373 151	0,0%	373 177	8,2%	345 007

Non declared distributed capital (I)

		31/12/2010		31/12/2009		31/12/2008
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

			31/12/2010		31/12/2009		31/12/2008
	Total Active fixed asset (II)	Net	664 084	-11,4%	749 154	-2,5%	768 531
	Gross	BJ	793 328	-8,2%	864 066	1,0%	855 814
	Amortisation	BK	129 244	12,5%	114 912	31,7%	87 283

Intangilble fixed assets

			31/12/2010		31/12/2009		31/12/2008
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	0	0%	18	-99,4%	3 201
	Gross	AF	16 742	0%	16 742	5,0%	15 941
	Amortisation	AG	16 742	0,1%	16 724	31,3%	12 740
	Goodwill	Net	505 049	-10,6%	565 049	0,0%	565 048
	Gross	AH	505 049	-10,6%	565 049	0,0%	565 048
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	0	0%	0	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	505 049	-10,6%	565 067	-0,6%	568 249

Tangilble fixed assets

			31/12/2010		31/12/2009		31/12/2008
	Lands	Net	0	0%	0	0%	0
	Gross	AN	0	0%	0	0%	0
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	0	0%	0	0%	0
	Gross	AP	0	0%	0	0%	0
	Amortisation	AQ	0	0%	0	0%	0
	Plant	Net	2 610	-21,8%	3 339	-19,5%	4 146
	Gross	AR	9 267	0%	9 267	0,0%	9 266
	Amortisation	AS	6 657	12,3%	5 928	15,8%	5 120
	Other tangible fixed assets	Net	105 745	-21,0%	133 805	-11,0%	150 381
	Gross	AT	211 590	-6,4%	226 065	2,8%	219 804
	Amortisation	AU	105 845	14,7%	92 260	32,9%	69 423
	Fixed assets in construction	Net	11 600	0%	0	0%	0
	Gross	AV	11 600	0%	0	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	119 955		137 144		154 527

Financial assets

			31/12/2010		31/12/2009		31/12/2008
	Associates at equity	Net	0	0%	0	0%	0
	Gross	CS	0	0%	0	0%	0
	Amortisation	CT	0	0%	0	0%	0
	Other participations	Net	0	0%	0	0%	0
	Gross	CU	0	0%	0	0%	0
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	0	0%	0	0%	0
	Gross	BB	0	0%	0	0%	0
	Amortisation	BC	0	0%	0	0%	0
	Other investment securities	Net	0	0%	0	0%	0
	Gross	BD	0	0%	0	0%	0
	Amortisation	BE	0	0%	0	0%	0
	Loans	Net	0	0%	0	0%	0
	Gross	BF	0	0%	0	0%	0
	Amortisation	BG	0		0		0
	Other financial assets	Net	39 080	-16,8%	46 943	2,6%	45 755
	Gross	BH	39 080	-16,8%	46 943	2,6%	45 755
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		39 080		46 943		45 755

Current Assets (III)

			31/12/2010		31/12/2009		31/12/2008
	Total Assets	Net	2 253 743	15,1%	1 958 194	24,7%	1 570 473
	Gross	CJ	2 497 651	12,7%	2 216 459	21,2%	1 828 194
	Amortisation	CK	243 908	-5,6%	258 265	0,2%	257 721

Stocks

			31/12/2010		31/12/2009		31/12/2008
	Raw materials	Net	209 941	-34,6%	321 019	-14,9%	377 280
	Gross	BL	253 918	-30,3%	364 433	-14,0%	423 540
	Amortisation	BM	43 977	1,3%	43 414	-6,2%	46 260
	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	187 064	255,1%	52 682	-47,5%	100 255
	Gross	BR	386 461	49,5%	258 569	-14,6%	302 753
	Amortisation	BS	199 397	-3,2%	205 887	1,7%	202 498
	Goods for resale	Net	0	0%	0	0%	0
	Gross	BT	0	0%	0	0%	0
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	397 005	6,2%	373 701	-21,7%	477 535

Advance payments to suppliers

			31/12/2010		31/12/2009		31/12/2008
	Advance payments to suppliers	Net	0	0%	0	0%	0
	Gross	BV	0	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2010		31/12/2009		31/12/2008
	Trade accounts receivable	Net	1 043 871	13,2%	921 817	78,8%	515 436
	Gross	BX	1 044 405	12,2%	930 781	77,5%	524 399
	Amortisation	BY	534	-94,0%	8 964	0,0%	8 963
	Other debtors	Net	176 380	-22,2%	226 696	-7,8%	245 951
	Gross	BZ	176 380	-22,2%	226 696	-7,8%	245 951
	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	1 220 251	6,2%	1 148 513	50,8%	761 387

Divers

			31/12/2010		31/12/2009		31/12/2008
	Investment securities	Net	0	0%	0	0%	0
	Gross	CD	0	0%	0	0%	0
	Amortisation	CE	0	0%	0	0%	0
	Cash and cash equivalents	Net	394 644	63,1%	241 966	85,2%	130 648
	Gross	CF	394 644	63,1%	241 966	85,2%	130 648
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	394 644	63,1%	241 966	85,2%	130 648

Prepaid expenses

			31/12/2010		31/12/2009		31/12/2008
	Prepaid expenses	Net	241 843	24,7%	194 014	-3,4%	200 900
	Gross	CH	241 843	24,7%	194 014	-3,4%	200 900
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2010		31/12/2009		31/12/2008
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	318	0%	0	0%	0
Gross		318	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Grand Total - Passive Accounts (I to IV)

		31/12/2010		31/12/2009		31/12/2008
Grand Total (I to V)	EE	2 918 145	7,8%	2 707 347	15,7%	2 339 003

Shareholder Equity (I)

			31/12/2010		31/12/2009		31/12/2008
	Total shareholders' equity (Total I)	DL	1 728 326	23,9%	1 395 449	15,3%	1 210 330
	Equity and shareholders' equity	DA	60 000	0%	60 000	0%	60 000
	Issue and merger premiums	DB	0	0%	0	0%	0
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	6 000	0%	6 000	0,0%	5 999
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	0	0%	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	1 329 449	16,2%	1 144 332	14,5%	999 013
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	0	0%	0	0%	0
	Profit or loss for the period	DI	332 877	79,8%	185 117	27,4%	145 318
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

			31/12/2010		31/12/2009		31/12/2008
	Total other capital resources (Total II)	DO	0	0%	0	0%	0
	Income from participating securities	DM	0	0%	0	0%	0
	Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

			31/12/2010		31/12/2009		31/12/2008
	Total provisions for risks and charges (Total III)	DR	318	0%	0	0%	0
	Risk provisions	DP	318	0%	0	0%	0
	Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

			31/12/2010		31/12/2009		31/12/2008
	Total Liabilities (Total IV)	EC	1 186 634	-9,5%	1 311 897	16,2%	1 128 670
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	171 224	-48,3%	331 234	-25,8%	446 540
	Sundry loans and financial liabilities	DV	650	-19,5%	807	-28,2%	1 124
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	45
	Trade accounts payables	DX	694 213	2,6%	676 360	32,5%	510 463
	Tax and social security liabilities	DY	300 229	3,4%	290 269	84,8%	157 076
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	20 318	53,6%	13 227	-1,5%	13 422

Translation loss (V)

		31/12/2010		31/12/2009		31/12/2008
Translation loss (Total V)	ED	2 867	0%	0	0%	0

Equalization accounts

		31/12/2010		31/12/2009		31/12/2008
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	1 105 246	0,5%	1 099 801	37,8%	797 925
Of which current bank facilities	EH	1 009	31,9%	765	-55,4%	1 717

Display parameter
Currency	Euro	Kilo Euro

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

1- Operating result (I-II)

		31/12/2010		31/12/2009		31/12/2008
Operating result (Total I-II)	GG	303 631	95,6%	155 203	-13,0%	178 465

2 - Financial result (V - VI)

		31/12/2010		31/12/2009		31/12/2008
Financial result (Total V-VI)	GV	-115 447	-0,1%	-115 331	28,7%	-161 841

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

		31/12/2010		31/12/2009		31/12/2008
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	188 184	372,0%	39 872	139,8%	16 624

4 - Extraordinary result (VII-VIII)

		31/12/2010		31/12/2009		31/12/2008
Extraordinary result (Total VII-VIII)	HI	20 796	443,5%	-6 055	-122,1%	27 459

Profit or loss

		31/12/2010		31/12/2009		31/12/2008
Profit or loss	HN	332 877	79,8%	185 117	27,4%	145 320

Total Income (I+III+V+VII)

		31/12/2010		31/12/2009		31/12/2008
Total Income (I+III+V+VII)	HL	7 363 153	29,6%	5 683 229	-4,9%	5 977 571

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

		31/12/2010		31/12/2009		31/12/2008
Total charges (Total II+IV+VI+VIII+IX+X)	HM	7 030 276	27,9%	5 498 113	-5,7%	5 832 251

Operating income (I)

		31/12/2010		31/12/2009		31/12/2008
Total operating income (Total I)	FR	7 144 041	26,4%	5 653 869	-4,4%	5 915 759

Operating income (details)

			31/12/2010		31/12/2009		31/12/2008
	Sale of goods for resale	FC	0	0%	0	0%	0
	France	FA	0	0%	0	0%	0
	Export	FB	0	0%	0	0%	0
	Sale of goods produced	FF	6 712 238	23,5%	5 436 655	-4,1%	5 667 423
	France	FD	4 599 286	24,1%	3 706 716	6,3%	3 486 192
	Export	FE	2 112 952	22,1%	1 729 939	-20,7%	2 181 231
	Sale of services	FI	997	-80,0%	4 982	421,7%	955
	France	FG	110	-93,1%	1 589	122,5%	714
	Export	FH	887	-73,9%	3 393	1307,9%	241
	Net turnover	FL	6 713 235	23,4%	5 441 637	-4,0%	5 668 378
	France	FJ	4 599 396	24,0%	3 708 305	6,3%	3 486 906
	Export	FK	2 113 839	22,0%	1 733 332	-20,5%	2 181 472
	Stocked production	FM	127 892	389,4%	-44 185	-408,5%	14 321
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	7 647	43,9%	5 313	0%	0
	Release of reserves and provisions	FP	281 852	16,0%	243 031	6,4%	228 306
	Other income	FQ	13 415	66,2%	8 073	69,8%	4 754

Operating charges (II)

		31/12/2010		31/12/2009		31/12/2008
Total operating charges (Total II)	GF	6 840 410	24,4%	5 498 666	-4,2%	5 737 294

Exploitation charges

		31/12/2010		31/12/2009		31/12/2008
Purchase of goods for resale	FS	169 324	-4,5%	177 381	400,7%	35 427
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	3 235 443	43,9%	2 248 722	-15,1%	2 648 478
Change in stocks of raw materials	FV	110 514	87,0%	59 108	188,4%	-66 885
Other external purchases and charges	FW	2 114 354	15,2%	1 835 677	-8,7%	2 011 437
Tax, duty and similar payments	FX	44 315	33,3%	33 245	4,3%	31 886
Payroll	FY	631 707	1,0%	625 392	6,0%	589 818
Social security costs	FZ	253 548	6,5%	238 127	10,9%	214 789

Depreciation

		31/12/2010		31/12/2009		31/12/2008
Depreciation of fixed assets	GA	22 864	-20,9%	28 900	28,3%	22 534
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	243 374	-2,4%	249 301	0,0%	249 286
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2010		31/12/2009		31/12/2008
Other charges	GE	14 967	432,1%	2 813	436,8%	524

Operating charges (III-IV)

		31/12/2010		31/12/2009		31/12/2008
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

			31/12/2010		31/12/2009		31/12/2008
	Total financial income (Total V)	GP	54 762	86,5%	29 360	0,1%	29 339
	Share financial income	GJ	0	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	25 895	-2,2%	26 484	1,9%	25 999
	Released provisions and transferred charges	GM	0	0%	0	0%	0
	Exchange gains	GN	28 867	903,7%	2 876	-13,9%	3 339
	Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

			31/12/2010		31/12/2009		31/12/2008
	Total financial charge (Total VI)	GU	170 209	17,6%	144 691	-24,3%	191 180
	Financial reserves and provisions	GQ	318	0%	0	0%	0
	Interest and similar charges	GR	165 297	14,2%	144 684	-24,3%	191 131
	Exchange losses	GS	4 594	65528,6%	07	-85,7%	49
	Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Financial Charge (VII)

			31/12/2010		31/12/2009		31/12/2008
	Total extraordinary income (Total VII)	HD	164 350	0%	0	0%	32 473
	Extraordinary operating income	HA	94 350	0%	0	0%	0
	Extraordinary income from capital transactions	HB	70 000	0%	0	0%	32 473
	Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

			31/12/2010		31/12/2009		31/12/2008
	Total extraordinary charges (Total VIII)	HH	143 554	2270,8%	6 055	20,8%	5 014
	Extraordinary operating charges	HE	63 445	952,5%	6 028	50,9%	3 994
	Extraordinary charges from capital transactions	HF	80 109	296600%	27	-97,4%	1 020
	Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

		31/12/2010		31/12/2009		31/12/2008
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/12/2010		31/12/2009		31/12/2008
Tax on profits (Total X)	HK	-123 897	18,1%	-151 299	-49,5%	-101 237

References

		31/12/2010		31/12/2009		31/12/2008
Of which equipment leases	HP	9 612	11,8%	8 601	-36,2%	13 490
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	24 121	521,1%	-5 728	-126,0%	22 072
Of which trader's own contributions	A2	38 701	1,3%	38 201	157,4%	14 842
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)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	OG	0	0%	0	0%	0
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	105 386	8006,6%	1 300	0%	0
	Gross value at the end of period	OL	793 326	-8,2%	864 065	0%	0

Research and development Charge (Total I)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	KD	581 790	0,1%	580 990	0%	0
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	800	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	60 000	0%	0	0%	0
	Gross value at the end of period	LW	521 790	-10,3%	581 790	0%	0

Tangible fixed assets (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LN	235 331	2,7%	229 071	0%	0
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	25 766	240,8%	7 560	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	28 641	2103,2%	1 300	0%	0
	Gross value at the end of period	NH	232 456	-1,2%	235 331	0%	0

Fiancial assets (Total IV)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LQ	46 942	2,6%	45 755	0%	0
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	8 881	648,2%	1 187	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	16 744	0%	0	0%	0
	Gross value at the end of period	NK	39 079	-16,8%	46 942	0%	0

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

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	PE	16 724	31,3%	12 741	0%	0
Increases		PF	18	-99,5%	3 983	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	16 742	0,1%	16 724	0%	0

Total fixed assets amotisation (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	QU	98 188	31,7%	74 544	0%	0
Increases		QV	22 847	-8,3%	24 917	0%	0
Decreases		QW	8 533	570,3%	1 273	0%	0
	Decreasess by budget item transfer	QX	112 502	14,6%	98 188	0%	0

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

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2010		31/12/2009		31/12/2008
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7C	258 265	0,2%	257 723	0%	0
Increases		UB	243 692	-2,2%	249 301	0%	0
Decreases		UC	257 731	3,6%	248 759	0%	0
	Value at the end of period	UD	244 226	-5,4%	258 265	0%	0

Includes Total allocations

Operating	UE	243 374	-2,4%	249 301	0%	0
Financial	UG	318	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	257 731	3,6%	248 759	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	5Z	0	0%	0	0%	0
Increases		TV	318	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	318	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7B	258 265	0,2%	257 723	0%	0
Increases		TY	243 374	-2,4%	249 301	0%	0
Decreases		TZ	257 731	3,6%	248 759	0%	0
	Value at the end of period	UA	243 908	-5,6%	258 265	0%	0

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

		31/12/2010		31/12/2009		31/12/2008
Gross value	VT	1 501 708	7,4%	1 398 434	0%	0
1 year at most	VU	1 462 628	8,2%	1 351 491	0%	0
More than one year	VV	39 080	-16,8%	46 943	0%	0

State of loans

		31/12/2010		31/12/2009		31/12/2008
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	39 080	-16,8%	46 943	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2010		31/12/2009		31/12/2008
Customers doubtful or disputed	VA	644	-95,3%	13 715	0%	0
Other claims customer	UX	1 043 762	13,8%	917 066	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	4 450	73,7%	2 562	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	131 889	-20,0%	164 935	0%	0
Value added tax	VB	24 244	76,1%	13 769	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	15 797	-65,2%	45 430	0%	0

Prepaid

		31/12/2010		31/12/2009		31/12/2008
Prepaid	VS	241 843	24,7%	194 014	0%	0

State Debt

			31/12/2010		31/12/2009		31/12/2008
	Total debt (gross)	VY	1 186 634	-9,5%	1 311 898	0%	0
1 year at most		VZ2	1 105 246	0,5%	1 099 801	0%	0
More than 1 year and 5 years at most		VZ3	81 388	-59,0%	198 740	0%	0
More than 5 years		VZ4	0	0%	13 357	0%	0

Details

			31/12/2010		31/12/2009		31/12/2008
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	2 345	21,9%	1 924	0%	0
1 year at most		VG2	2 345	21,9%	1 924	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	168 878	-48,7%	329 310	0%	0
1 year at most		VH2	87 490	-25,4%	117 213	0%	0
More than 1 year and 5 years at most		VH3	81 388	-59,0%	198 740	0%	0
	Loans and various financial liabilities (gross)	8A1	540	-18,6%	663	0%	0
1 year at most		8A2	540	-18,6%	663	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	694 213	2,6%	676 360	0%	0
1 year at most		8B2	694 213	2,6%	676 360	0%	0
More than 1 year and 5 years at most		8B3	694 213	2,6%	676 360	0%	0
	Personnel and associated accounts (gross)	8C1	106 191	2,5%	103 597	0%	0
1 year at most		8C2	106 191	2,5%	103 597	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	120 847	25,1%	96 615	0%	0
1 year at most		8D2	120 847	25,1%	96 615	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	59 119	-26,7%	80 647	0%	0
1 year at most		VW2	59 119	-26,7%	80 647	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	14 071	49,5%	9 410	0%	0
1 year at most		VQ2	14 071	49,5%	9 410	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	110	-23,6%	144	0%	0
1 year at most		VI2	110	-23,6%	144	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	20 318	53,6%	13 227	0%	0
1 year at most		8K2	20 318	53,6%	13 227	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	114 703	-0,7%	115 513	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2010		31/12/2009		31/12/2008
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2010		31/12/2009		31/12/2008
Commitments leasing furniture	YQ	11 644	0%	0	0%	29 838
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2010		31/12/2009		31/12/2008
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2010		31/12/2009		31/12/2008
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2010		31/12/2009		31/12/2008
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/12/2010		31/12/2009		31/12/2008
Average number of employees	YP	0	0%	0	0%	0

Groups and Shareholders

31/12/2010

31/12/2009

31/12/2008

Groups and Shareholders

ZR

0

-

0

-

-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Fixed Asset Financing		2,56	20,2%	2,13	4,4%	2,04	1,78	43,8%
Global Debt		64 days	-26,4%	87 days	20,8%	72 days	134 days	-52,2%
Working Capital Fund overall net		66 days	1,5%	65 days	16,1%	56 days	62 days	6,5%
Financial independence		1009,39%	139,6%	421,29%	55,4%	271,05%	335,90%	200,5%
More ratios
Solvability		59,23%	14,9%	51,54%	-0,4%	51,75%	33,09%	79,0%
Capacity debt futures		1923,89%	64,3%	1171,30%	-	%	1055,29%	82,3%
Coverage of current assets by net working capital overall		54,77%	13,3%	48,34%	-11,4%	54,55%	39,83%	37,5%
General Liquidity		1,32	7,3%	1,23	-		0,45	193,3%
Restricted Liquidity		1,68	15,9%	1,45	-		0,88	90,9%

Management or rotation

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Need background in operating working capital		32 days	-11,1%	36 days	2,9%	35 days	13 days	146,2%
Treasury		21 days	31,2%	16 days	100%	8 days	7 days	200%
Inventory turnover of goods		0 days	0%	0 days	0%	0 days	43 days	0%
Average length of credit granted to customers		56 days	-9,7%	62 days	87,9%	33 days	30 days	86,7%
Average length of credit obtained suppliers		44 days	-21,4%	56 days	40,0%	40 days	51 days	-13,7%
More ratios
Inventory turnover of raw materials in industrial enterprises		28 days	-51,7%	58 days	0%	58 days	42 days	-33,3%
Inventory turnover of intermediate and finished products in the industrial enterprise		2888 days	24,9%	2312 days	-	days	979 days	195,0%
Rotation tangible assets		2887,96%	24,9%	2312,33%	-	%	796,99%	262,4%

Profitability of the business

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Margin trading		-2,52%	22,7%	-3,26%	-425,8%	-0,62	0%	0%
Profitability of the business		4,31	26,8%	3,40	-11,5%	3,84	2,21%	95,0%
Net profit		4,96%	45,9%	3,40%	32,8%	2,56%	1,68%	195,2%
More ratios
Growth rate of turnover (excluding VAT)		23,37%	684,2%	-4%	-129,7%	13,48%	-0,32%	7403,1%
Rates integration		18,05%	-8,7%	19,78%	6,3%	18,60%	27,18%	-33,6%
Rate leasing furniture		0,14%	-12,5%	0,16%	-33,3%	0,24%	0%	0%
Work Factor		69,88%	-8,8%	76,66%	2,3%	74,91%	78,80%	-11,3%
Weight interests		2,54	-4,5%	2,66%	-21,1%	3,37%	0,26%	876,9%

Return on capital

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Cash flow from the overall profitability		1,62%	353,1%	-0,64%	-126,6%	2,41%	2,58%	-37,2%
Rates of economic profitability		15%	36,4%	11%	-15,4%	13%	8%	87,5%
Financial profitability		1728326%	23,9%	1395449%	15,3%	1210330%	14333%	11958,4%
Return on investment		26,48%	38,7%	19,09%	-6,0%	20,30%	8,39%	215,6%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Turnover	6 713 235	23,4%	5 441 637	-4,0%	5 668 378	235 702 €	2748,2%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	169 324	-4,5%	177 381	400,7%	35 427
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	-169 324 €	4,5%	-177 381 €	-400,7%	-35 427 €	0 €	0%
	-2,52 % CA	22,7%	-3,26 % CA	-425,8%	-0,62 % CA	0,10 % CA	-2620,0%

Sale of goods produced	6 713 235	23,4%	5 441 637	-4,0%	5 668 378
+/- Stocked production	127 892	389,4%	-44 185	-408,5%	14 321
+ Self-constructed assets	0	0%	0	0%	0
Period production	6 841 127 €	26,7%	5 397 452 €	-5,0%	5 682 699 €	72 589 €	9324,5%
	101,91 % CA	2,7%	99,19 % CA	-1,1%	100,25 % CA	99,63 % CA	2,3%

Trading margin	-169 324	4,5%	-177 381	-400,7%	-35 427	0	0%
+ Period Production	6 841 127	26,7%	5 397 452	-5,0%	5 682 699	72 589	9324,5%
- Purchase of raw materials	3 235 443	43,9%	2 248 722	-15,1%	2 648 478
+/- Change in stocks of raw materiels	110 514	87,0%	59 108	188,4%	-66 885
- Other external purchases and charges	2 114 354	15,2%	1 835 677	-8,7%	2 011 437
Added value	1 211 492 €	12,5%	1 076 564 €	2,1%	1 054 242 €	66 121 €	1732,2%
	18,05 % CA	-8,7%	19,78 % CA	6,3%	18,60 % CA	27,18 % CA	-33,6%

Added value	1 211 492 €	12,5%	1 076 564 €	2,1%	1 054 242 €	66 121 €	1732,2%
+ Operating grants	7 647	43,9%	5 313	0%	0
- Tax, duty and similar payments	44 315	33,3%	33 245	4,3%	31 886
- Personal charges	885 255	2,5%	863 519	7,3%	804 607
Gross operating surplus	289 569 €	56,4%	185 113 €	-15,0%	217 749 €	2 933,50 €	9771,1%
	4,31 % CA	26,8%	3,40 % CA	-11,5%	3,84 % CA	2,21 % CA	95,0%

Gross operating surplus	289 569 €	56,4%	185 113 €	-15,0%	217 749 €	2 933,50 €	9771,1%
+ Release of reserves and provisions	281 852	16,0%	243 031	6,4%	228 306
+ Other operating income	13 415	66,2%	8 073	69,8%	4 754
- Depreciation/Amortisation	266 238	-4,3%	278 201	2,3%	271 820
- Other charges	14 967	432,1%	2 813	436,8%	524
Operating result	303 631 €	95,6%	155 203 €	-13,0%	178 465 €	2 014 €	14976,0%
	4,52 % CA	58,6%	2,85 % CA	-9,5%	3,15 % CA	1,69 % CA	167,5%

Operating result	303 631 €	95,6%	155 203 €	-13,0%	178 465 €	2 014 €	14976,0%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	54 762	86,5%	29 360	0,1%	29 339
- Financial charges	170 209	17,6%	144 691	-24,3%	191 180
Pre-tax result	188 184 €	372,0%	39 872 €	139,8%	16 624 €	1 818 €	10251,2%
	2,80 % CA	283,6%	0,73 % CA	151,7%	0,29 % CA	1,27 % CA	120,5%

Extraordinary income	164 350	0%	0	0%	32 473	01	16434900%
- Extraordinary charges	143 554	2270,8%	6 055	20,8%	5 014
Extraordinary result	20 796 €	443,5%	-6 055 €	-122,1%	27 459 €	0 €	0%
	0,31 % CA	381,8%	-0,11 % CA	-122,9%	0 % CA	0 % CA	0%

Pre-tax result	188 184 €	372,0%	39 872 €	139,8%	16 624 €	1 818 €	10251,2%
Extraordinary result	20 796 €	443,5%	-6 055 €	-122,1%	27 459 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	-123 897	18,1%	-151 299	-49,5%	-101 237
Net result	332 877 €	79,8%	185 116 €	27,4%	145 320 €	3 165 €	10417,4%
	4,96 % CA	45,9%	3,40 % CA	32,8%	2,56 % CA	1,70 % CA	191,8%

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Trading to Date	12/31/2010	12/31/2009	12/31/2008
Turnover	6,713,235 €	5,441,637 €	5,668,378 €
Gross Operating Surplus	4,31 % Turnover	3,40 % Turnover	3,84 % Turnover
Net worth	1,728,326 €	1,395,449 €	1,210,330 €
Employees	10 to 19 employees	-	-
Other establishments

Branches	8 branch entities in this company
Head office	> BRIN DE FILLE <<<  - Fabrication de vêtements de dessus (1413Z)  in PARIS 2  (75002)
Secondary establishments	>  BRIN DE FILLE  - Fabrication de vêtements de dessus (1413Z)  in PARIS 2  (75002) >  BRIN DE FILLE  - Fabrication de vêtements de dessus (1413Z)  in PARIS 6  (75006) >  BRIN DE FILLE  - Fabrication de vêtements de dessus (1413Z)  in PARIS 2  (75002) >  BRIN DE FILLE  - Fabrication de vêtements de dessus (1413Z)  in PARIS 18  (75018) > ...

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 50 to 80% of workforce

Workforces

Workforce at address

3 to 5 employees

Company workforce

10 to 19 employees

Preferential rights details and history

Status of collection

This company is not under monitoring

event history

Status history

Date	Description
15/09/2011	Economically active

Recent publications in Gazettes

Publication date	Gazette Name	Description
14/11/2011	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6137 - 403727001 RCS. BRIN DE FILLE. Forme : Société à responsabilité limitée. Adresse : 85 bis rue Réaumur 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
13/10/2011	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1013 - 403 727 001 RCS Paris. BRIN DE FILLE. Forme : Société à responsabilité limitée. Enseigne : DEBY DEBO. Capital : 60000 EUR. Activité : . Adresse de l’établissement principal : 85 bis rue Réaumur, 75002 Paris. Adresse du siège social : 85 bis rue Réaumur, 75002 Paris. Commentaires : modification survenue sur l'adresse du siège.
08/11/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7133 - 403727001 RCS. BRIN DE FILLE. Forme : Société à responsabilité limitée. Adresse : 115 BD DE SEBASTOPOL 75002 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
14/01/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7512 - 403727001 RCS. BRIN DE FILLE. Forme : Société à responsabilité limitée. Adresse : 115 BD DE SEBASTOPOL 75002 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
12/01/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7323 - 403727001 RCS. BRIN DE FILLE. Forme : Société à responsabilité limitée. Adresse : 115 boulevard de Sébastopol 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
09/12/2008	Bodacc A	Vente et cession : Acheteur
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 631 - 403 727 001 RCS Paris. BRIN DE FILLE. Forme : Société à responsabilité limitée. Capital : 60000 EUR. Adresse : 115 boulevard de Sébastopol, 75002 Paris. Origine du fonds : Fonds acquis par achat au prix stipulé de 55000,00 euros. Etablissement : Etablissement complémentaire. Activité : Vente et création de vêtements et accessoires. Adresse : 95 rue des Martyrs, 75018 Paris. Précédent propriétaire : YAMI KALYZA. 433 506 243 RCS Paris. Précédent exploitant : YAMI KALYZA. 433 506 243 RCS Paris. A dater du : 06/02/1996. Date de commencement de l’activité : 26/09/2008. Publication légale : L'auvergnat de Paris du 31/10/2008. Oppositions : Me Marc CHICHE 4 av des Ternes 75017 Paris pour la validité . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
30/10/2008	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1848 - 403 727 001 RCS Paris. BRIN DE FILLE. Forme : Société à responsabilité limitée. Administration : nomination du Commissaire aux comptes titulaire : HAUSSMANN AUDIT CONSULTANTS, nomination du Commissaire aux comptes suppléant : ARTEX. Capital : 60000 EUR. Adresse du siège social : 115 boulevard de Sébastopol, 75002 Paris. Commentaires : modification survenue sur l'administration.
18/12/2007	Bodacc C	Avis de dépôt des comptes
4809 - 403 727 001. RCS Paris BRIN DE FILLE. Forme: Société à responsabilité limitée. Adresse du siège social: 115 boulevard de Sébastopol 75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
19/12/2006	Bodacc C	Avis de dépôt des comptes
6302 - RCS Paris B 403 727 001. RC 96-B 2000. BRIN DE FILLE. Forme: S.A.R.L.. Adresse du siège social: 115, boulevard de Sébastopol,Paris, 75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
17/01/2006	Bodacc C	Avis de dépôt des comptes
2493 - RCS Paris B 403 727 001. RC 96-B 2000. BRIN DE FILLE. Forme: S.A.R.L.. Adresse du siège social: 115, boulevard de Sébastopol,Paris, 75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
27/09/2005	Bodacc A	Vente et cession
918 - RCS Paris B 403 727 001. RC AP-B 2541. BRIN DE FILLE. Forme : S.A.R.L. Capital : 60 000 euros. Adresse du siège social : 115 boulevard de Sébastopol, 75002 Paris. Etablissement principal - Nom commercial : Herbert-Nadriel. Activité : confection et négoce de produits textiles. Adresse : 17 rue du Caire, 75002 Paris. Etablissement principal acquis par cession au prix stipulé de 300 000 euros. Date d'effet : 23 juin 2005. Précédent propriétaire : EXPANDIA. RCS B 391 725 496. Publication légale : Journal spécial des sociétés françaises par actions du 10 septembre 2005. Oppositions : Etude de Me Jacquin (Louis, Marc) notaire associé, 43 avenue Hoche, 75008 Paris.
18/03/2005	Bodacc C	Avis de dépôt des comptes
3494 - RCS Paris B 403 727 001. RC 96-B 2000. BRIN DE FILLE. Forme: S.A.R.L.. Adresse du siège social: 115, boulevard de Sébastopol,75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.
14/02/2001	Bodacc B	Modifications et mutations diverses
RCS Paris B 403727001 RC 96-B 2000 BRIN DE FILLE. Forme : S.A.R.L. Capital : 60 000 euros Nom commercial: Deby Debo. Commentaires : modification survenue sur le capital (augmentation) et l' administration. Administration : modification du gérant : ALLOUCHE ( Cédric, Carl, Sion).
24/12/1998	Bodacc B	Modifications et mutations diverses
RCS *. RCS Paris B 403 727 001 RC RC 96- B 2000 BRIN DE FILLE. Forme : S.A.R.L Nom commercial: Deby Débo. Activité : fabrication, conception et création de tous articles de pret-à-porter en tous genres et accessoires, toutes activités dans le domaine de la mode et plus généralement de l'habillement et de ses accessoires. Commentaires : modification survenue sur l'activité.
13/04/1997	Bodacc B	Modifications et mutations diverses
RCS Paris B 403 727 001 RC 96-B 2000 BRIN DE FILLE. Forme : S.A.R.L Nom commercial: Déby Débo. Commentaires : modification survenue sur le nom commercial.
05/05/1996	Bodacc B	Modifications et mutations diverses
RCS Paris B 403 727 001 RC 96-B 2000 BRIN DE FILLE. Forme : S.A.R.L. Adresse du siège social : 226 rue Saint-Denis 75002 Paris Etablissement principal: Adresse : 226 rue Saint-Denis 75002 Paris. Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal.
22/02/1996	Bodacc A	Création d'établissement
RCS *. RCS Paris B 403 727 001 RC RC 96- B 2000 BRIN DE FILLE. Forme : S.A.R.L. Capital : 60 000 F. Adresse du siège social : 8, rue du Faubourg-Poissonnière 75010 Paris. Activité : toutes activités dans le domaine de la mode, et plus généralement de l'habillement et de ses accessoires. Administration : gérant : ALLOUCHE (Cédric, Carl, Sion) Cette société se constitue Date de début d' activité: 24 janvier 1996.

Company events history

Date	Description
14/11/2011	Bodacc C : Deposit accounts notice
13/10/2011	Bodacc B: Various editing or changing
12/10/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
28/09/2011	Updated articles of association
28/09/2011	Minutes of general meeting of shareholders
28/09/2011	Registered office transferred inside jurisdiction of the Commercial Court
15/09/2011	Update of Company Head Office Identifier
15/09/2011	Transfer of Establishment
31/12/2010	New accounts available
08/11/2010	Bodacc C : Deposit accounts notice
14/01/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
04/11/2009	Payment incident closed
16/10/2009	Payment incident detected
07/07/2009	Payment incident closed
17/04/2009	Payment incident detected
12/01/2009	Bodacc C : Deposit accounts notice
31/12/2008	New accounts available
09/12/2008	New Bodacc A ads detected
09/12/2008	Bodacc A : Sale and transfer
30/10/2008	New Bodacc B ads detected
30/10/2008	Bodacc B: Various editing or changing
14/10/2008	New auditor
14/10/2008	Appointment/resignation of company officers
14/10/2008	Minutes of general meeting of shareholders
14/10/2008	Private document
31/12/2007	New accounts available
31/12/2006	New accounts available
31/12/2005	New accounts available
31/12/2004	New accounts available
31/12/2003	New accounts available
30/01/2001	Statuts mis à jour
30/01/2001	Acte sous seing privé
30/01/2001	Conversion du Capital Social en Euros
30/01/2001	Augmentation de Capital
30/01/2001	PV d'Assemblée
20/12/1999	Statuts mis à jour
20/12/1999	PV d'Assemblée
20/12/1999	Cession de parts
20/12/1999	Acte sous seing privé
07/12/1998	Statuts mis à jour
07/12/1998	Acte sous seing privé
07/12/1998	Modification de l'objet social
07/12/1998	PV d'Assemblée
20/01/1997	Transfert du Siège dans le ressort du Tribunal de Commerce
20/01/1997	Acte sous seing privé
20/01/1997	PV d'Assemblée
20/01/1997	Acte modificatif
20/01/1997	Statuts mis à jour
19/04/1996	PV d'Assemblée
19/04/1996	Statuts mis à jour
19/04/1996	Transfert du Siège dans le ressort du Tribunal de Commerce
19/04/1996	Acte modificatif
06/02/1996	Formation de Société
06/02/1996	Statuts
06/02/1996	Acte sous seing privé
06/02/1996	PV d'Assemblée

Establishment events history

Date	Description
23/11/2011	Update of phone numbers
15/09/2011	Formation of Head office (after transfer)

NOTES & COMMENTS

Commentary

The comments are arranged in decreasing order of importance

The non current assets are up to 664 084 €, which is good

The company belongs to an industry presenting an increased risk compared to the average

The company is more than 11 years old

The net result is up to 303 631 €, which is good

The financial result is negative on the period : -115 447 €

The company only has one registered director

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.42
UK Pound	1	Rs.86.04
Euro	1	Rs.68.61

INFORMATION DETAILS

Report Prepared by :

MNL

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.