MIRA INFORM REPORT

Report Date :

21.03.2012

IDENTIFICATION DETAILS

Correct Name :	SOCIETE ERIC
Registered Office :	Tache Diamonds, 1 Rue De Chateaudun, 75009 Paris 9
Country :	France
Financials (as on) :	31.12.2010
Date of Incorporation :	April 1984
Com. Reg. No.:	RCS Paris 8 329 628 432
Legal Form :	Simplified Joint Stock Company with Single Associate
Line of Business :	Wholesale business of other household goods
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 – September 30^th, 2011

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

SOCIETE ERIC

SIRET

329 628 432 00042

company summary

Activity (APE)	Commerce de gros (commerce interentreprises) d'autres biens domestiques (4649Z) (Wholesale (business to business) of other household goods (4649Z))	Legal form	Simplified Joint Stock Company with Single Associate
Phone	01 47 70 00 75	RCS Registration	RCS Paris 8 329 628 432
Fax	01 45 23 23 59	Share capital	173,791 Euros
Address	SOCIETE ERIC TACHE DIAMONDS 1 RUE DE CHATEAUDUN 75009 PARIS 9	Incorporated Date	05/1984
Nationality	France	Status	Economically active

Company details

Activity (APE)

Commerce de gros (commerce interentreprises) d'autres biens domestiques  (4649Z)

(Wholesale (business to business) of other household goods (4649Z))

RCS Registration

RCS Paris 8 329 628 432

Share capital

173,791 Euros

Registration Court

Paris (75)

Legal form

Simplified Joint Stock Company with Single Associate

Court Registry Number

19 8 4B051

EU VAT Number

FR87329628432

Incorporation Date

05/1984

Formation Date

04/1984

Deregistration Date

Last account Date

31/12/2010

Nationality

France

DIRECTORS/MANAGEMENT

directors

Name	M. TACHE JACQUES
Manager position	Président	Date of birth	16/06/1968
Place of birth	WILRIJK(BELGIQUE)
Type of manager	Individual	Name at birth of manager

Previous Directors

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

Manager position	Title and name	Date of Birth/Place of Birth
Président du conseil d'administration	M JACQUES TACHE
Président du conseil d'administration	M JACQUES TACHE
Président du conseil d'administration	M JOSEPH TACHE
Directeur général	M JACQUES TACHE
Directeur général	M JACQUES TACHE
Directeur général	M JOSEPH TACHE
Directeur général délégué	M ROBERT TACHE
Directeur général délégué	M ROBERT TACHE
Administrateur	M JACQUES TACHE
Administrateur	M JEAN TACHE
Administrateur	M JEAN JACQUES TACHE
Administrateur	M JEAN TACHE
Administrateur	M ROBERT TACHE
Administrateur	M ROBERT TACHE

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Status of collection

This company is not under monitoring

SHARE & SHARE CAPITAL INFORMATION

Na

PAYMENT 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

Trading to Date

12/31/2010

12/31/2009

12/31/2008

Turnover

7,361,622 €

4,739,854 €

7,227,594 €

Gross Operating Surplus

6,49 % Turnover

0,29 % Turnover

1,39 % Turnover

Net worth

1,267,212 €

952,768 €

1,004,945 €

Employees

10 to 19 employees

-

-

Annual Accounts	31/12/2010	31/12/2009	31/12/2008
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	19/07/2011	05/10/2010	-
Activity Code	4649Z	4649Z	4649Z
Employees	9	8	9

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	107 089	-16,9%	128 901	-16,1%	153 572	19 518	448,7%
- Intangible assets	22 867	0%	22 867	0%	22 867	0	0%
- Tangible assets	70 465	-23,2%	91 708	-22,0%	117 517	4 919	1332,5%
- Financial assets	13 757	-4,0%	14 326	8,6%	13 188	1 251	999,7%
Net current assets	2 934 029	26,1%	2 327 049	-33,3%	3 489 478	194 411	1409,2%
- Stocks	1 791 020	37,9%	1 298 700	-41,6%	2 223 440	37 434	4684,5%
- Advanced payments	0	26,1%	0	0%	0	0	0%
- Receivables	1 138 858	42,5%	798 928	-33,2%	1 196 359	61 556	1750,1%
- Securities and cash	4 151	-98,2%	229 421	229,3%	69 679	25 925	-84,0%
- Prepaid expenses	-	-	-	-	-	96	-
Accounts of regularization	23 517	8,4%	21 701	-57,4%	50 982	0	0%
Total Assets	3 064 635	23,7%	2 477 651	-32,9%	3 694 032	244 481	1153,5%

Passive Account

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Shareholders' equity	1 267 212	33,0%	952 768	-5,2%	1 004 945	70 099	1707,7%
Share capital	173 792	0%	173 792	0%	173 792	10 000	1637,9%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	23 517	-54,5%	51 701	1,4%	50 982	0	0%
Liabilities	1 766 500	20,4%	1 466 833	-43,5%	2 594 360	146 241	1107,9%
- Financial liabilities	298 607	980,3%	27 640	-94,7%	520 024	16 875	1669,5%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	1 237 405	-1,4%	1 255 169	-32,3%	1 854 893	42 727	2796,1%
- Tax and social liabilities	230 488	25,2%	184 024	-15,9%	218 777	33 715,50	583,6%
- Other debts and fixed assets liabilities	7 408	16,7%	6 348	-85,7%	44 412	4 680	58,3%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	3 064 635	23,7%	2 477 651	-32,9%	3 694 032	244 574	1153,1%

Results

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Sales of Goods	7 413 288	56,2%	4 746 796	-34,4%	7 240 626	367 992	1914,5%
Net turnover	7 361 622	55,3%	4 739 854	-34,4%	7 227 594	360 210	1943,7%
- of which net export turnover	4 478 363	77,3%	2 525 945	-40,0%	4 212 156	0	0%
Operating charges	6 914 439	45,0%	4 769 904	-33,3%	7 146 945	356 159	1841,4%
Operating profit/loss	498 849	2258,8%	-23 108	-124,7%	93 680	7 892	6220,9%
Financial income	286 455	10,7%	258 757	-28,2%	360 519	18	1591316,7%
Financial charges	402 647	42,4%	282 829	-45,2%	516 473	874	45969,5%
Financial profit/loss	-116 192	-382,7%	-24 072	84,6%	-155 955	-248	-46751,6%
Pretax net operating income	382 657	911,1%	-47 180	24,2%	-62 274	6 865	5474,0%
Extraordinary income	1 320	-95,8%	31 703	151,4%	12 611	03	43900%
Extraordinary charges	69 534	89,5%	36 699	15255,2%	239	157	44189,2%
Extraordinary profit/loss	-68 214	6393,9%	-4 996	-140,4%	12 372	0	0%
Net result	314 444	702,6%	-52 177	-4,6%	-49 902	6 516	4725,7%

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	3 064 635	23,7%	2 477 651	-32,9%	3 694 032
	Gross	CO	3 267 221	22,4%	2 669 883	-30,5%	3 842 602
	Amortisation	1A	202 586	5,4%	192 232	29,4%	148 570

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

Active fixed asset (II)

			31/12/2010		31/12/2009		31/12/2008
	Total Active fixed asset (II)	Net	107 089	-16,9%	128 901	-16,1%	153 572
	Gross	BJ	253 515	1,5%	249 742	0,5%	248 604
	Amortisation	BK	146 426	21,2%	120 841	27,2%	95 032

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%	0	0%	0
	Gross	AF	12 686	0%	12 686	0%	12 686
	Amortisation	AG	12 686	0%	12 686	0%	12 686
	Goodwill	Net	22 867	0%	22 867	0%	22 867
	Gross	AH	22 867	0%	22 867	0%	22 867
	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	22 867	0%	22 867	0%	22 867

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	3 364	1114,4%	277	-50,7%	562
	Gross	AR	14 132	34,5%	10 506	0%	10 506
	Amortisation	AS	10 768	5,3%	10 229	2,9%	9 944
	Other tangible fixed assets	Net	67 101	-26,6%	91 431	-21,8%	116 955
	Gross	AT	190 073	0,4%	189 357	0%	189 357
	Amortisation	AU	122 972	25,6%	97 926	35,3%	72 402
	Fixed assets in construction	Net	0	0%	0	0%	0
	Gross	AV	0	0%	0	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	70 465		91 708		117 517

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	13 757	-4,0%	14 326	8,6%	13 188
	Gross	BH	13 757	-4,0%	14 326	8,6%	13 188
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		13 757		14 326		13 188

Current Assets (III)

			31/12/2010		31/12/2009		31/12/2008
	Total Assets	Net	2 934 029	26,1%	2 327 049	-33,3%	3 489 478
	Gross	CJ	2 990 189	24,7%	2 398 440	-32,3%	3 543 016
	Amortisation	CK	56 160	-21,3%	71 391	33,3%	53 538

Stocks

			31/12/2010		31/12/2009		31/12/2008
	Raw materials	Net	0	0%	0	0%	0
	Gross	BL	0	0%	0	0%	0
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	0	0%	0	0%	0
	Gross	BN	0	0%	0	0%	0
	Amortisation	BO	0	0%	0	0%	0
	Work in progress (services)	Net	0	0%	0	0%	0
	Gross	BP	0	0%	0	0%	0
	Amortisation	BQ	0	0%	0	0%	0
	Semi-finished and finished products	Net	0	0%	0	0%	0
	Gross	BR	0	0%	0	0%	0
	Amortisation	BS	0	0%	0	0%	0
	Goods for resale	Net	1 791 020	37,9%	1 298 700	-41,6%	2 223 440
	Gross	BT	1 791 020	37,9%	1 298 700	-41,6%	2 223 440
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	1 791 020	37,9%	1 298 700	-41,6%	2 223 440

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	1 099 506	39,9%	785 924	-32,3%	1 161 442
	Gross	BX	1 155 666	34,8%	857 315	-29,4%	1 214 979
	Amortisation	BY	56 160	-21,3%	71 391	33,3%	53 537
	Other debtors	Net	15 392	157,2%	5 985	-41,1%	10 168
	Gross	BZ	15 392	157,2%	5 985	-41,1%	10 168
	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	1 114 898	40,8%	791 909	-32,4%	1 171 610

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	4 151	-98,2%	229 421	229,3%	69 679
	Gross	CF	4 151	-98,2%	229 421	229,3%	69 679
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	4 151	-98,2%	229 421	229,3%	69 679

Prepaid expenses

			31/12/2010		31/12/2009		31/12/2008
	Prepaid expenses	Net	23 960	241,4%	7 019	-71,6%	24 749
	Gross	CH	23 960	241,4%	7 019	-71,6%	24 749
	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	-	-
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	-	-
Currency differential gain	CN3	23 517	8,4%	21 701	-57,4%	50 982
Gross		23 517	8,4%	21 701	-	-

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	3 064 635	23,7%	2 477 651	-32,9%	3 694 032

Shareholder Equity (I)

			31/12/2010		31/12/2009		31/12/2008
	Total shareholders' equity (Total I)	DL	1 267 212	33,0%	952 768	-5,2%	1 004 945
	Equity and shareholders' equity	DA	173 792	0%	173 792	0%	173 792
	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	20 338	0%	20 338	0%	20 338
	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	1 000 000	0%	1 000 000	0%	1 000 000
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	-241 362	-27,6%	-189 185	-35,8%	-139 283
	Profit or loss for the period	DI	314 444	702,6%	-52 177	-4,6%	-49 902
	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	23 517	-54,5%	51 701	1,4%	50 982
	Risk provisions	DP	23 517	-54,5%	51 701	1,4%	50 982
	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	1 766 500	20,4%	1 466 833	-43,5%	2 594 360
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	292 079	956,7%	27 640	-94,7%	520 024
	Sundry loans and financial liabilities	DV	6 528	0%	0	0%	0
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	1 237 405	-1,4%	1 255 169	-32,3%	1 854 893
	Tax and social security liabilities	DY	230 488	25,2%	184 024	-15,9%	218 777
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	0	0%	0	0%	666

Translation loss (V)

		31/12/2010		31/12/2009		31/12/2008
Translation loss (Total V)	ED	7 408	16,7%	6 348	-85,5%	43 746

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	0	0%	0	0%	2 594 360
Of which current bank facilities	EH	0	0%	0	0%	462 106

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	498 849	2258,8%	-23 108	-124,7%	93 680

2 - Financial result (V - VI)

		31/12/2010		31/12/2009		31/12/2008
Financial result (Total V-VI)	GV	-116 192	-382,7%	-24 072	84,6%	-155 955

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	382 657	911,1%	-47 180	24,2%	-62 274

4 - Extraordinary result (VII-VIII)

		31/12/2010		31/12/2009		31/12/2008
Extraordinary result (Total VII-VIII)	HI	-68 214	-1265,4%	-4 996	-140,4%	12 372

Profit or loss

		31/12/2010		31/12/2009		31/12/2008
Profit or loss	HN	314 444	702,6%	-52 177	-4,6%	-49 902

Total Income (I+III+V+VII)

		31/12/2010		31/12/2009		31/12/2008
Total Income (I+III+V+VII)	HL	7 701 063	52,9%	5 037 256	-33,8%	7 613 756

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	7 386 620	45,1%	5 089 432	-33,6%	7 663 658

Operating income (I)

		31/12/2010		31/12/2009		31/12/2008
Total operating income (Total I)	FR	7 413 288	56,2%	4 746 796	-34,4%	7 240 626

Operating income (details)

			31/12/2010		31/12/2009		31/12/2008
	Sale of goods for resale	FC	7 343 315	55,3%	4 729 675	-34,5%	7 224 574
	France	FA	2 864 952	30,0%	2 203 730	-26,8%	3 012 418
	Export	FB	4 478 363	77,3%	2 525 945	-40,0%	4 212 156
	Sale of goods produced	FF	0	0%	0	0%	0
	France	FD	0	0%	0	0%	0
	Export	FE	0	0%	0	0%	0
	Sale of services	FI	18 307	79,9%	10 179	236,9%	3 021
	France	FG	18 307	79,9%	10 179	236,9%	3 021
	Export	FH	0	0%	0	0%	0
	Net turnover	FL	7 361 622	55,3%	4 739 854	-34,4%	7 227 594
	France	FJ	2 883 259	30,2%	2 213 909	-26,6%	3 015 439
	Export	FK	4 478 363	77,3%	2 525 945	-40,0%	4 212 156
	Stocked production	FM	0	0%	0	0%	0
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	0	0%	0	0%	0
	Release of reserves and provisions	FP	51 666	644,3%	6 942	-46,7%	13 031
	Other income	FQ	0	0%	0	0%	01

Operating charges (II)

		31/12/2010		31/12/2009		31/12/2008
Total operating charges (Total II)	GF	6 914 439	45,0%	4 769 904	-33,3%	7 146 945

Exploitation charges

		31/12/2010		31/12/2009		31/12/2008
Purchase of goods for resale	FS	6 399 654	118,5%	2 929 167	-54,9%	6 498 567
Change in stocks of goods for resale	FT	-492 320	-153,2%	924 740	312,3%	-435 511
Purchase of raw materials	FU	3 531	194,2%	1 200	-34,4%	1 830
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	277 693	16,0%	239 352	-14,9%	281 183
Tax, duty and similar payments	FX	42 710	-6,8%	45 803	-8,0%	49 761
Payroll	FY	460 681	12,4%	409 682	-21,2%	520 163
Social security costs	FZ	192 080	9,0%	176 298	-16,6%	211 491

Depreciation

		31/12/2010		31/12/2009		31/12/2008
Depreciation of fixed assets	GA	25 585	-0,9%	25 809	49,5%	17 258
Amortisation of fixed assets	GB	0	0%	17 853	0%	0
Depreciation/amortisation of current assets	GC	4 825	0%	0	0%	2 202
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	0	0%	0	0%	0

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	286 455	10,7%	258 757	-28,2%	360 519
	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	0	0%	0	0%	304
	Released provisions and transferred charges	GM	21 701	-57,4%	50 982	0%	0
	Exchange gains	GN	264 754	27,4%	207 775	-42,3%	360 215
	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	402 647	42,4%	282 829	-45,2%	516 473
	Financial reserves and provisions	GQ	23 517	8,4%	21 701	-57,4%	50 982
	Interest and similar charges	GR	5 840	-75,5%	23 801	-15,4%	28 146
	Exchange losses	GS	373 290	57,3%	237 327	-45,7%	437 346
	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	1 320	-95,8%	31 703	151,4%	12 611
	Extraordinary operating income	HA	1 320	-95,8%	31 703	445,6%	5 811
	Extraordinary income from capital transactions	HB	0	0%	0	0%	6 800
	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	69 534	89,5%	36 699	15255,2%	239
	Extraordinary operating charges	HE	69 534	938,0%	6 699	2702,9%	239
	Extraordinary charges from capital transactions	HF	0	0%	0	0%	0
	Extraordinary reserves and provisions	HG	0	0%	30 000	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	0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	0	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	OG	0	0%	0	0%	244 316
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	42 401
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	568	0%	0	0%	38 112
	Gross value at the end of period	OL	253 516	0%	0	0%	248 604

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	35 553	0%	0	0%	35 553
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	0	0%	0
	Gross value at the end of period	LW	35 553	0%	0	0%	35 553

Tangible fixed assets (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LN	199 863	0%	0	0%	196 218
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	4 342	0%	0	0%	41 758
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	0	0%	0	0%	38 112
	Gross value at the end of period	NH	204 205	0%	0	0%	199 863

Fiancial assets (Total IV)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LQ	14 326	0%	0	0%	12 545
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	643
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	568	0%	0	0%	0
	Gross value at the end of period	NK	13 758	0%	0	0%	13 188

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%	115 886
Increases		0P	0	0%	0	0%	17 258
Decreasess		0Q	0	0%	0	0%	38 112
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	95 032

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	12 686	0%	0	0%	12 686
Increases		PF	0	0%	0	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	12 686	0%	0	0%	12 686

Total fixed assets amotisation (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	QU	108 155	0%	0	0%	103 200
Increases		QV	25 585	0%	0	0%	17 258
Decreases		QW	0	0%	0	0%	38 112
	Decreasess by budget item transfer	QX	133 740	0%	0	0%	82 346

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	123 092	17,8%	104 520	67,6%	62 361
Increases		UB	28 341	-59,3%	69 554	30,8%	53 184
Decreases		UC	71 757	40,7%	50 982	362,4%	11 026
	Value at the end of period	UD	79 676	-35,3%	123 092	17,8%	104 519

Includes Total allocations

Operating	UE	4 825	0%	0	0%	2 202
Financial	UG	23 517	0%	0	0%	50 982
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	50 056	0%	0	0%	11 026
Financial	UH	21 701	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	51 701	1,4%	50 982	0%	0
Increases		TV	23 517	-54,5%	51 701	1,4%	50 982
Decreases		TW	51 701	1,4%	50 982	0%	0
	Value at the end of period	TX	23 517	-54,5%	51 701	1,4%	50 982

Total Provision for depreciation (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7B	71 391	33,3%	53 538	-14,1%	62 361
Increases		TY	4 825	-73,0%	17 853	710,8%	2 202
Decreases		TZ	20 056	0%	0	0%	11 026
	Value at the end of period	UA	56 160	-21,3%	71 391	33,3%	53 538

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

		31/12/2010		31/12/2009		31/12/2008
Gross value	VT	1 208 774	36,6%	884 644	-30,0%	1 263 084
1 year at most	VU	1 115 829	42,9%	781 031	-34,8%	1 198 465
More than one year	VV	92 945	-10,3%	103 613	60,3%	64 619

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	13 757	-4,0%	14 326	8,6%	13 188
Other financial assets (1 year at most)	UV	0	0%	0	0%	13 188

Receivables statement of assets

		31/12/2010		31/12/2009		31/12/2008
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	1 155 666	0%	0	0%	1 214 979
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	600	0%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	6 237
Value added tax	VB	6 257	0%	0	0%	3 931
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	8 534	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	870 319	0%	0

Prepaid

		31/12/2010		31/12/2009		31/12/2008
Prepaid	VS	23 960	0%	0	0%	24 749

State Debt

			31/12/2010		31/12/2009		31/12/2008
	Total debt (gross)	VY	1 766 499	20,4%	1 466 834	-43,5%	2 594 360
1 year at most		VZ2	1 766 499	20,4%	1 466 834	-43,5%	2 594 360
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2010		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	292 079	956,7%	27 640	-94,1%	472 024
1 year at most		VG2	292 079	956,7%	27 640	-94,1%	472 024
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	48 000
1 year at most		VH2	0	0%	0	0%	48 000
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	1 237 405	-1,4%	1 255 169	-32,3%	1 854 893
1 year at most		8B2	1 237 405	-1,4%	1 255 169	-32,3%	1 854 893
More than 1 year and 5 years at most		8B3	1 237 405	-1,4%	1 255 169	0%	0
	Personnel and associated accounts (gross)	8C1	51 124	0%	0	0%	50 201
1 year at most		8C2	51 124	0%	0	0%	50 201
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	85 391	-53,6%	184 025	105,0%	89 768
1 year at most		8D2	85 391	-53,6%	184 025	105,0%	89 768
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	68 454	0%	0	0%	59 440
1 year at most		VW2	68 454	0%	0	0%	59 440
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	25 519	0%	0	0%	19 367
1 year at most		VQ2	25 519	0%	0	0%	19 367
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	6 528	0%	0	0%	666
1 year at most		VI2	6 528	0%	0	0%	666
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	0	0%	0
1 year at most		8K2	0	0%	0	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	24 000	0%	0	0%	24 000

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	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2010		31/12/2009		31/12/2008
Subcontracting	YT	0	0%	0	0%	16 642
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	65 857
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	32 652
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	166 032
Total Other purchases and external	ZJ	0	0%	0	0%	281 183

Taxes and Fees

		31/12/2010		31/12/2009		31/12/2008
Business tax	YW	0	0%	0	0%	5 208
Other taxes and payments assimilated	9Z	0	0%	0	0%	44 553
Total taxes and fees	YX	0	0%	0	0%	49 761

VAT

		31/12/2010		31/12/2009		31/12/2008
Amount VAT collected	YY	0	0%	0	0%	589 858
Total VAT on goods and services	YZ	0	0%	0	0%	541 909

Average number of employees

		31/12/2010		31/12/2009		31/12/2008
Average number of employees	YP	09	12,5%	08	-11,1%	09

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		6,85	48,3%	4,62	-4,9%	4,86	2,58	165,5%
Global Debt		86 days	-22,5%	111 days	-14,0%	129 days	127 days	-32,3%
Working Capital Fund overall net		72 days	4,3%	69 days	43,8%	48 days	70 days	2,9%
Financial independence		433,86%	-87,4%	3447,06%	1683,7%	193,25%	416,57%	4,2%
More ratios
Solvability		41,35%	7,5%	38,45%	41,4%	27,20%	33,92%	21,9%
Capacity debt futures		433,86%	-87,4%	3447,06%	1683,7%	193,25%	997,48%	-56,5%
Coverage of current assets by net working capital overall		49,97%	32,3%	37,77%	38,4%	27,29%	42,92%	16,4%
General Liquidity		0,63	18,9%	0,53	15,2%	0,46	0,58	8,6%
Restricted Liquidity		0,63	-8,7%	0,69	40,8%	0,49	0,96	-34,4%

Management or rotation

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Need background in operating working capital		70 days	42,9%	49 days	-25,8%	66 days	29 days	141,4%
Treasury		0 days	0%	17 days	185,0%	-20 days	11 days	0%
Inventory turnover of goods		109 days	-9,9%	121 days	-8,3%	132 days	95 days	14,7%
Average length of credit granted to customers		57 days	-12,3%	65 days	16,1%	56 days	44 days	29,5%
Average length of credit obtained suppliers		72 days	-34,5%	110 days	13,4%	97 days	56 days	28,6%
More ratios
Inventory turnover of raw materials in industrial enterprises		0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	1163 days	-
Rotation tangible assets		3605,02%	-	%	-	3616,27%	1386,78%	160,0%

Profitability of the business

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Margin trading		19,51%	5,6%	18,48%	15,0%	16,07	32,84%	-40,6%
Profitability of the business		6,49	2137,9%	0,29	-79,1%	1,39	3,39%	91,4%
Net profit		4,27%	488,2%	-1,10%	-59,4%	-0,69%	1,85%	130,8%
More ratios
Growth rate of turnover (excluding VAT)		55,31%	260,7%	-34,42%	-188,3%	-11,94%	0,40%	13727,5%
Rates integration		15,93%	17,0%	13,62%	11,6%	12,20%	21,08%	-24,4%
Rate leasing furniture		0%	0%	0%	0%	0%	0%	0%
Work Factor		55,65%	-38,7%	90,79%	9,4%	83%	68,32%	-18,5%
Weight interests		5,47	-8,4%	5,97%	-16,5%	7,15%	0,26%	2003,8%

Return on capital

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Cash flow from the overall profitability		3,96%	335,2%	0,91%	9000%	0,01%	2,70%	46,7%
Rates of economic profitability		31%	3000%	1%	-85,7%	7%	12%	158,3%
Financial profitability		1267212%	33,0%	952768%	-5,2%	1004945%	46356,50%	2633,6%
Return on investment		45,80%	94,6%	23,53%	-23,1%	30,60%	9,29%	393,0%

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	7 361 622	55,3%	4 739 854	-34,4%	7 227 594	360 210 €	1943,7%

Sales of goods	7 343 315	55,3%	4 729 675	-34,5%	7 224 574
- Purchase of goods	6 399 654	118,5%	2 929 167	-54,9%	6 498 567
+/- Stock of goods variation	-492 320	-153,2%	924 740	312,3%	-435 511
Trading margin	1 435 981 €	64,0%	875 768 €	-24,6%	1 161 518 €	98 049 €	1364,6%
	19,51 % CA	5,6%	18,48 % CA	15,0%	16,07 % CA	33,84 % CA	-42,3%

Sale of goods produced	18 307	79,9%	10 179	236,9%	3 021
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	18 307 €	79,9%	10 179 €	236,9%	3 021 €	7 597 €	141,0%
	0,25 % CA	19,0%	0,21 % CA	425,0%	0,04 % CA	2,38 % CA	-89,5%

Trading margin	1 435 981	64,0%	875 768	-24,6%	1 161 518	98 049	1364,6%
+ Period Production	18 307	79,9%	10 179	236,9%	3 021	7 597	141,0%
- Purchase of raw materials	3 531	194,2%	1 200	-34,4%	1 830
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	277 693	16,0%	239 352	-14,9%	281 183
Added value	1 173 064 €	81,8%	645 395 €	-26,8%	881 526 €	83 342 €	1307,5%
	15,93 % CA	17,0%	13,62 % CA	11,6%	12,20 % CA	21,08 % CA	-24,4%

Added value	1 173 064 €	81,8%	645 395 €	-26,8%	881 526 €	83 342 €	1307,5%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	42 710	-6,8%	45 803	-8,0%	49 761
- Personal charges	652 761	11,4%	585 980	-19,9%	731 654
Gross operating surplus	477 593 €	3408,6%	13 612 €	-86,4%	100 111 €	10 464 €	4464,2%
	6,49 % CA	2137,9%	0,29 % CA	-79,1%	1,39 % CA	3,39 % CA	91,4%

Gross operating surplus	477 593 €	3408,6%	13 612 €	-86,4%	100 111 €	10 464 €	4464,2%
+ Release of reserves and provisions	51 666	644,3%	6 942	-46,7%	13 031
+ Other operating income	0	0%	0	0%	01
- Depreciation/Amortisation	30 410	-30,4%	43 662	124,4%	19 460
- Other charges	0	0%	0	0%	0
Operating result	498 849 €	2258,8%	-23 108 €	-124,7%	93 683 €	7 876 €	6233,8%
	6,78 % CA	1483,7%	-0,49 % CA	-137,7%	1,30 % CA	2,45 % CA	176,7%

Operating result	498 849 €	2258,8%	-23 108 €	-124,7%	93 683 €	7 876 €	6233,8%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	286 455	10,7%	258 757	-28,2%	360 519
- Financial charges	402 647	42,4%	282 829	-45,2%	516 473
Pre-tax result	382 657 €	911,1%	-47 180 €	24,2%	-62 271 €	6 850 €	5486,2%
	5,20 % CA	620,0%	-1,00 % CA	-16,3%	-0,86 % CA	2,08 % CA	150,0%

Extraordinary income	1 320	-95,8%	31 703	151,4%	12 611	03	43900%
- Extraordinary charges	69 534	89,5%	36 699	15255,2%	239
Extraordinary result	-68 214 €	-1265,4%	-4 996 €	-140,4%	12 372 €	0 €	0%
	-0,93 % CA	-745,5%	-0,11 % CA	-164,7%	0 % CA	0 % CA	0%

Pre-tax result	382 657 €	911,1%	-47 180 €	24,2%	-62 271 €	6 850 €	5486,2%
Extraordinary result	-68 214 €	-1265,4%	-4 996 €	-140,4%	12 372 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	0	0%	0	0%	0
Net result	314 443 €	702,7%	-52 176 €	-4,6%	-49 899 €	6 473 €	4757,8%
	4,27 % CA	488,2%	-1,10 % CA	-59,4%	-0,69 % CA	1,83 % CA	133,3%

FOREIGN EXCHANGE RATES

Na

ADDITIONAL INFORMATION

Establishment details
	Activity (APE)	Commerce de gros (commerce interentreprises) d'autres biens domestiques  (4649Z)	Business Pages FT®	DIAMANT PIERRE PRECIEUSE PIERRE GEMME NEGOCE
	Postal Address	SOCIETE ERIC TACHE DIAMONDS 1 RUE DE CHATEAUDUN 75009 PARIS 9	Trading Address	1 RUE DE CHATEAUDUN 75009 PARIS 9
	Telephone	01 47 70 00 75
	Fax	01 45 23 23 59
	Type	Head office	Status	Economically active
	Formation Date	06/2005	Reason for formation	Formation
	Closure Date		Reason for closure
	Reactivation Date		Production Role
	Activity Nature	-	Activity Location	Other
	Location surface		Seasonality
	Department	Paris (75)	Region	Ile-de-France
	District	1	Area	99
	City	PARIS 9	Size of urban area	Paris conglomeration

Other establishments

	Branches	1 branch entities in this company
	Head office	> SOCIETE ERIC <<<  - Commerce de gros (commerce interentreprises) d'autres biens domestiques (4649Z)  in PARIS 9  (75009)
	Secondary establishments	>  SOCIETE ERIC  - Commerce de gros (commerce interentreprises) d'autres biens domestiques (4649Z)  in PARIS 9  (75009)
	Regionality	Legal unit with all establishments in same area
	Mono-activity status	Legal unit having all establishments with the same main activity
Workforces
	Workforce at address		10 to 19 employees	Company workforce	10 to 19 employees

Commentary

The comments are arranged in decreasing order of importance

	The company is more than 15 years old
	The company has a share capital of 173 791 €, which is excellent
	The net result is up to 498 849 €, which is good
	The financial result is negative on the period : -116 192 €
	The company is in financial debt of 298 607 €
	The company has an activity with no specific increased risk
	Tangible fixed assets are up to 70 465 €

event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
09/03/2012	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1943 - 329 628 432 RCS Paris. SOCIETE ERIC. Forme : Société anonyme. Administration : Commissaire aux comptes titulaire partant : Young, Vincent, nomination du Commissaire aux comptes titulaire : S & W ASSOCIES. Capital : 173791.88 EUR. Activité : . Adresse du siège social : 1 rue de Châteaudun, 75009 Paris. Commentaires : modification survenue sur l'administration.
09/03/2012	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1944 - 329 628 432 RCS Paris. SOCIETE ERIC. Forme : Société par actions simplifiée à associé unique. Administration : modification du Président Tache, Jacques, Directeur général délégué et Administrateur partant : Tache, Robert, Administrateur partant : Tache, Jean Jacques. Capital : 173791.88 EUR. Activité : . Adresse du siège social : 1 rue de Châteaudun, 75009 Paris. Commentaires : modification survenue sur la forme juridique et l'administration.
17/02/2012	JAL	Appointment of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 28/06/2011 Société faisant l'objet d'une nomination : 329628432 - SOCIETE ERIC, TACHE DIAMONDS, 1 RUE DE CHATEAUDUN, 75009 PARIS 9 Nominé : Monsieur Jacques TACHE, 2018 ANVERS En la fonction de : Président
17/02/2012	JAL	Resignation / Revocation of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 28/06/2011 La société 329628432 - SOCIETE ERIC, TACHE DIAMONDS, 1 RUE DE CHATEAUDUN, 75009 PARIS 9 Fait l'objet du départ de Monsieur Vincent YOUNG
03/11/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7245 - 329628432 RCS. SOCIETE ERIC. Forme : Société anonyme. Adresse : 1 R DE CHATEAUDUN 75009 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
23/09/2009	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1122 - 329 628 432 RCS Paris. SOCIETE ERIC. Forme : Société anonyme. Administration : Président du conseil d'administration et Directeur général partant : Tache, Joseph, modification du Président du conseil d'administration et Directeur général Tache, Jacques. Capital : 173791.88 EUR. Adresse du siège social : 1 rue de Châteaudun, 75009 Paris. Commentaires : modification survenue sur l'administration.
10/09/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 2200 - 329628432 RCS. SOCIETE ERIC. Forme : Société anonyme. Adresse : 1 rue de Châteaudun 75009 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
19/06/2009	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1219 - 329 628 432 RCS Paris. SOCIETE ERIC. Forme : Société anonyme. Administration : nomination de l'Administrateur : Tache, Jean Jacques. Capital : 173791.88 EUR. Adresse du siège social : 1 rue de Châteaudun, 75009 Paris. Commentaires : modification survenue sur l'administration.
26/09/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 751 - 329628432 RCS. SOCIETE ERIC. Forme : Société anonyme. Adresse : 1 rue de Châteaudun 75009 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
04/03/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 3972 - 329628432 RCS. SOCIETE ERIC. Forme : Société anonyme. Adresse : 1 rue de Châteaudun 75009 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.
27/11/2007	Bodacc C	Avis de dépôt des comptes
1864 - 329 628 432. RCS Paris SOCIETE ERIC. Forme: Société anonyme. Adresse du siège social: 1 rue de Châteaudun 75009 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
19/12/2006	Bodacc C	Avis de dépôt des comptes
5060 - RCS Paris B 329 628 432. RC 84-B 5165. SOCIETE ERIC. Forme: S.A. Adresse du siège social: 1, R de Chateaudun,Paris, 75009 Paris. Comptes annuels et rapports de l'exercice clos le: 31 janvier 2006.
03/12/2005	Bodacc C	Avis de dépôt des comptes
1709 - RCS Paris B 329 628 432. RC 84-B 5165. SOCIETE ERIC. Forme: S.A. Adresse du siège social: 1, R de Chateaudun,Paris, 75009 Paris. Comptes annuels et rapports de l'exercice clos le: 31 janvier 2004.
02/12/2005	Bodacc C	Avis de dépôt des comptes
1404 - RCS Paris B 329 628 432. RC 84-B 5165. SOCIETE ERIC. Forme: S.A. Adresse du siège social: 1, R de Chateaudun,Paris, 75009 Paris. Comptes annuels et rapports de l'exercice clos le: 31 janvier 2005.
18/08/2005	Bodacc B	Modifications et mutations diverses
1209 - RCS Paris B 329 628 432. RC 84-B 5165. SOCIETE ERIC. Forme : S.A. Nom commercial : Tache Diamonds. Adresse du siège social : 1 rue de Châteaudun,, 75009 Commentaires : modification survenue sur le nom commercial, l'adresse du siège social et l'adresse de l'établissement principal. Etablissement principal - Adresse : 1 rue de Châteaudun, 75009
02/07/2004	Bodacc B	Modifications et mutations diverses
RCS Paris B 329628432 RC 84-B 5165 SOCIETE ERIC. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : président du conseil d'administration et directeur général partant : ERIC ( Sylvie) ( Nom d'usage : VITAU). Nomination du président du conseil d' administration et directeur général : TACHE (Joseph). Nomination d'un directeur général délégué et administrateur : TACHE (Robert). Administrateurs partants : ERIC ( Charles, Laurent, Mirabeau) DESCOINS ( Marilyn). Nomination d'un administrateur : TACHE (Jacques).
17/03/2004	Bodacc B	Modifications et mutations diverses
RCS Paris B 329628432 RC 84-B 5165 SOCIETE ERIC. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : modification du président du conseil d' administration et directeur général : ERIC (Sylvie) ( Nom d'usage : VITAU).
21/12/2000	Bodacc B	Modifications et mutations diverses
RCS Paris B 329628432 RC 84-B 5165 SOCIETE ERIC. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : DESCOINS, née ERIC (Caroline, Germaine, Françoise).
05/04/1998	Bodacc B	Modifications et mutations diverses
RCS Paris B 329 628 432 RC 84-B 5165 SOCIETE ERIC. Forme : S.A. Adresse du siège social : 46 rue Lafayette 75009 Paris. Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal Etablissement principal: Adresse : 46 rue Lafayette 75009 Paris.
13/07/1997	Bodacc B	Modifications et mutations diverses
RCS *. RCS Paris B 329 628 432 RC RC 84- B 5165 SOCIETE ERIC. Forme : S.A. Capital : 1 140 000 F. Administration : démission : administrateur : VITAU (Philippe, Jean) . Nomination en qualité d' administrateur : DESCOINS (Marilyn). Commentaires : modification survenue sur le capital et l'administration.

Company events history
Date	Description
09/03/2012	Bodacc B: Various editing or changing
23/02/2012	Minutes of general meeting of shareholders
23/02/2012	Updated articles of association
23/02/2012	Audit or Management Report
23/02/2012	New chairman (CEO, CoB)
23/02/2012	New legal form – new category
23/02/2012	New auditor
17/02/2012	Legal Gazette: Resignation / Revocation of the social representative
16/12/2011	Other modification of Establishment (error correction)
16/12/2011	Update of Company Legal Form
21/07/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
28/06/2011	Legal Gazette: Appointment of the social representative
31/12/2010	New accounts available
03/11/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
23/09/2009	Bodacc B: Various editing or changing
10/09/2009	Bodacc C : Deposit accounts notice
07/09/2009	New chairman (CEO, CoB)
07/09/2009	Minutes of Board meeting
19/06/2009	Bodacc B: Various editing or changing
04/06/2009	Minutes of general meeting of shareholders
04/06/2009	Appointment/resignation of company officers
04/06/2009	Private document
04/06/2009	Changes to the Board of Directors
31/12/2008	New accounts available
26/09/2008	Bodacc C : Deposit accounts notice
04/03/2008	Bodacc C : Deposit accounts notice
31/12/2007	New accounts available
31/12/2006	New accounts available
25/09/2006	Acte sous seing privé
25/09/2006	Updated articles of association
25/09/2006	New closing date
25/09/2006	Statuts mis à jour
25/09/2006	PV d'Assemblée
25/09/2006	Minutes of general meeting of shareholders
25/09/2006	Private document
25/09/2006	Changement de date de clôture
31/01/2006	New accounts available
04/08/2005	Transfert du Siège dans le ressort du Tribunal de Commerce
04/08/2005	Registered office transferred inside jurisdiction of the Commercial Court
04/08/2005	Updated articles of association
04/08/2005	Statuts mis à jour
04/08/2005	PV du Conseil d'Administration
04/08/2005	Minutes of Board meeting
04/08/2005	Private document
04/08/2005	Acte sous seing privé
31/01/2005	New accounts available
17/06/2004	New chairman (CEO, CoB)
17/06/2004	Minutes of general meeting of shareholders
17/06/2004	Appointment/resignation of company officers
17/06/2004	Changes to the Board of Directors
17/06/2004	Modification du Conseil d'Administration
17/06/2004	Minutes of Board meeting
17/06/2004	Acte sous seing privé
17/06/2004	Private document
17/06/2004	PV d'Assemblée
17/06/2004	Nomination/démission des organes de gestion
17/06/2004	Changement de Président (PDG, PCA)
17/06/2004	PV du Conseil d'Administration
03/03/2004	Updated articles of association
03/03/2004	Statuts mis à jour
03/03/2004	PV du Conseil d'Administration
03/03/2004	Minutes of Board meeting
03/03/2004	Changement de date de clôture
03/03/2004	PV d'Assemblée
03/03/2004	Minutes of general meeting of shareholders
03/03/2004	Nomination/démission des organes de gestion
03/03/2004	Appointment/resignation of company officers
03/03/2004	New closing date
03/03/2004	Private document
03/03/2004	Acte sous seing privé
03/03/2004	Modification du Conseil d'Administration
31/01/2004	New accounts available
07/12/2000	Nomination/démission des organes de gestion
07/12/2000	PV d'Assemblée
07/12/2000	Acte sous seing privé
07/12/2000	Modification du Conseil d'Administration
20/03/1998	Acte sous seing privé
20/03/1998	PV du Conseil d'Administration
20/03/1998	Transfert du Siège dans le ressort du Tribunal de Commerce
20/03/1998	Statuts mis à jour
27/06/1997	Statuts mis à jour
27/06/1997	PV d'Assemblée
27/06/1997	Acte sous seing privé
27/06/1997	Modification du Conseil d'Administration
27/06/1997	Augmentation de Capital
27/06/1997	Nomination/démission des organes de gestion
19/06/1996	Acte modificatif

Establishment events history
Date	Description
01/03/2012	Update Rating
16/12/2011	Modification of Head office
21/07/2011	Update Rating
21/07/2011	Update Limit
07/10/2010	Update Rating
07/10/2010	Update Limit
27/09/2010	Update Limit
25/09/2010	Update Rating
04/01/2010	Update Limit
30/12/2009	Update Rating
29/09/2009	Update Rating
29/09/2009	Update Limit
22/06/2009	Update Limit
22/06/2009	Update Rating
14/08/2008	Update Limit
16/12/2007	Update Limit
10/12/2007	Update Limit
08/12/2007	Update Limit
28/08/2007	Update Limit
11/04/2007	Update Limit
25/01/2007	Update Limit
25/01/2007	Update Rating
20/01/2007	Update Limit
20/01/2007	Update Rating

NOTES & COMMENTS

Na

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.25
UK Pound	1	Rs.79.76
Euro	1	Rs.66.52

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.