MIRA INFORM REPORT

Report Date :

27.03.2012

IDENTIFICATION DETAILS

Name :	SOLVIN FRANCE
Registered Office :	Solvin France, 25 Rue De Clichy, 75009 Paris 9
Country :	France
Financials (as on) :	31.12.2010
Date of Incorporation :	1997
Legal Form :	Public Limited Company With Board Of Directors
Line of Business :	Manufacture of plastic materials
No. of Employees :	6 To 9 Employees

RATING & COMMENTS

MIRA’s Rating :

A

RATING		STATUS	PROPOSED CREDIT LINE
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

Maximum Credit Limit :	2,000,000 €
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, 2011

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

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Top of Form

Company name

Name SOLVIN FRANCE

SIRET

414 574 277 00045

company summary

Activity (APE)	Fabrication de matières plastiques de base (2016Z)	Legal form	Public limited company with board of directors
Phone	01 40 75 80 00	RCS Registration	RCS Paris 9 414 574 277
Fax		Share capital	12,717,015 Euros
Address	SOLVIN FRANCE 25 RUE DE CLICHY 75009 PARIS 9	Incorporated Date	11/1997
Nationality	France	Status	Economically active

Todays Rating [ 0-100 ]	100
Todays Limit [€]	2,000,000 €

Last published preferential right

No social security and tax office preferential right to date

Ultimate Holding Company
Company Name	Safe Number	Company number	Click here to view the affiliation links
SOLVAY S.A.	BE00022347	403091220	113 companies in 21 countries. Click here to visit linked companies

Current Directors

5

Trading to Date	12/31/2010	12/31/2009	12/31/2008
Turnover	394,796,744 €	333,497,335 €	439,049,390 €
Gross Operating Surplus	7,29 % Turnover	3,76 % Turnover	4,34 % Turnover
Net worth	85,740,421 €	63,194,672 €	49,773,216 €
Employees	6 to 9 employees	-	-

Trends
Profitability
Liquidity
Net worth

company details

Company details

Activity (APE)	Fabrication de matières plastiques de base (2016Z)
RCS Registration	RCS Paris 9 414 574 277	Share capital	12,717,015 Euros
Registration Court	Paris (75)	Legal form	Public limited company with board of directors
Court Registry Number	19 9 7B160	EU VAT Number	FR95414574277
Incorporation Date	11/1997	Formation Date	11/1997
Deregistration Date		Last account Date	31/12/2010
Nationality	France

Establishment details

Activity (APE)	Activités des sièges sociaux (7010Z)	Business Pages FT®
Postal Address	SOLVIN FRANCE 25 RUE DE CLICHY 75009 PARIS 9	Trading Address	25 RUE DE CLICHY 75009 PARIS 9
Telephone	01 40 75 80 00
Fax

Type	Head office	Status	Economically active
Formation Date	06/2006	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
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	2 branch entities in this company
Head office	> SOLVIN FRANCE <<<  - Fabrication de matières plastiques de base (2016Z)  in PARIS 9  (75009)
Secondary establishments	>  SOLVIN FRANCE  - Fabrication de matières plastiques de base (2016Z)  in PARIS 8  (75008) >  SOLVIN FRANCE  - Fabrication de matières plastiques de base (2016Z)  in TAVAUX  (39500)

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

Workforces

Workforce at address

Workforce unknown

Company workforce

6 to 9 employees

accounts

Active Account |  Passive Account |  Account Results

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	16/12/2011	21/01/2011	14/09/2009
Activity Code	2016Z	2016Z	2016Z
Employees	10	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	118 764 380	-8,0%	129 121 885	-4,9%	135 845 998	582 572	20286,2%
- Intangible assets	119 863	93,4%	61 976	12245,8%	502	8 742	1271,1%
- Tangible assets	104 117 904	-4,1%	108 578 121	-7,0%	116 729 557	385 141	26933,7%
- Financial assets	14 526 613	-29,1%	20 481 788	7,1%	19 115 939	10 695	135726,2%
Net current assets	74 300 279	-8,0%	80 757 425	-16,8%	97 065 579	2 103 146	3432,8%
- Stocks	23 632 321	10,7%	21 340 544	-17,8%	25 967 124	392 582	5919,7%
- Advanced payments	0	-8,0%	0	0%	958	0	0%
- Receivables	50 654 709	-14,7%	59 415 213	-16,0%	70 723 311	1 059 341	4681,7%
- Securities and cash	13 249	694,3%	1 668	-99,6%	374 186	142 794	-90,7%
- Prepaid expenses	-	-	-	-	-	1 087	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	193 064 662	-8,0%	209 879 310	-9,9%	232 911 579	3 184 897	5961,9%

Passive Account

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Shareholders' equity	85 740 421	35,7%	63 194 672	27,0%	49 773 216	1 009 560	8392,9%
Share capital	12 717 015	0%	12 717 015	0%	12 717 015	320 000	3874,1%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	2 836 197	15,7%	2 451 641	-74,4%	9 575 084	17 553	16057,9%
Liabilities	104 488 386	-27,6%	144 233 346	-16,9%	173 563 626	2 009 238	5100,4%
- Financial liabilities	60 369 687	-45,9%	111 654 096	-11,9%	126 802 836	208 752	28819,3%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	32 125 955	25,7%	25 550 944	-22,4%	32 919 174	646 641	4868,1%
- Tax and social liabilities	3 191 342	21,9%	2 618 116	3,6%	2 526 755	328 351	871,9%
- Other debts and fixed assets liabilities	8 801 055	99,6%	4 409 842	-61,0%	11 316 232	27 784	31576,7%
Account regularization	0	0%	0	0%	-1 720	0	0%
Total liabilities	193 064 662	-8,0%	209 879 310	-9,9%	232 911 579	3 184 898	5961,9%

Results

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Sales of Goods	333 201 252	8,5%	307 199 187	-10,4%	342 764 267	6 349 618	5147,6%
Net turnover	394 796 744	18,4%	333 497 335	-24,0%	439 049 390	5 629 362	6913,2%
- of which net export turnover	232 958 702	17,7%	197 897 181	-25,9%	267 214 105	94 232	247118,3%
Operating charges	319 310 823	7,5%	297 151 828	-13,1%	342 055 594	6 126 895	5111,6%
Operating profit/loss	13 890 429	38,2%	10 047 359	1317,8%	708 673	47 790	28965,6%
Financial income	2 757 145	-26,3%	3 740 550	72,3%	2 171 581	7 750	35476,1%
Financial charges	1 387 407	-44,1%	2 479 817	-59,2%	6 079 612	17 767	7708,9%
Financial profit/loss	1 369 738	8,6%	1 260 733	132,3%	-3 908 031	-3 034	45246,3%
Pretax net operating income	15 260 167	34,9%	11 308 092	453,4%	-3 199 358	45 140	33706,3%
Extraordinary income	15 525 275	241,9%	4 540 919	111,2%	2 150 236	32 554	47590,8%
Extraordinary charges	15 036 405	9,9%	13 682 821	60,8%	8 507 702	29 831	50305,3%
Extraordinary profit/loss	488 870	283,3%	-9 141 902	-43,8%	-6 357 466	0	0%
Net result	16 756 935	324,7%	3 945 465	145,3%	-8 700 401	72 046	23158,7%

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	193 064 662	-8,0%	209 879 310	-9,9%	232 911 579
	Gross	CO	411 038 775	-0,8%	414 309 313	-3,4%	428 979 303
	Amortisation	1A	217 974 113	6,6%	204 430 003	4,3%	196 067 724

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	118 764 380	-8,0%	129 121 885	-4,9%	135 845 998
	Gross	BJ	336 473 777	1,0%	333 080 569	2,0%	326 391 203
	Amortisation	BK	217 709 397	6,7%	203 958 684	7,0%	190 545 205

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	119 863	93,4%	61 976	12245,8%	502
	Gross	AF	244 637	43,8%	170 087	75,0%	97 208
	Amortisation	AG	124 774	15,4%	108 111	11,8%	96 706
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	0	0%	0	0%	0
	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	119 863	93,4%	61 976	12245,8%	502

Tangilble fixed assets

			31/12/2010		31/12/2009		31/12/2008
	Lands	Net	675 192	-3,0%	696 074	-1,9%	709 690
	Gross	AN	872 857	0,5%	868 474	1,3%	857 003
	Amortisation	AO	197 665	14,7%	172 400	17,0%	147 313
	Buildings	Net	5 447 820	-6,7%	5 838 028	3,7%	5 630 925
	Gross	AP	17 407 546	0,0%	17 407 547	3,3%	16 846 000
	Amortisation	AQ	11 959 726	3,4%	11 569 519	3,2%	11 215 075
	Plant	Net	91 385 891	-9,0%	100 396 807	10,8%	90 602 894
	Gross	AR	296 192 732	1,4%	291 993 734	8,4%	269 292 627
	Amortisation	AS	204 806 841	6,9%	191 596 927	7,2%	178 689 733
	Other tangible fixed assets	Net	129 668	-41,8%	222 633	-9,8%	246 747
	Gross	AT	750 059	2,1%	734 360	14,2%	643 125
	Amortisation	AU	620 391	21,2%	511 727	29,1%	396 378
	Fixed assets in construction	Net	6 479 333	354,8%	1 424 579	-92,7%	19 539 301
	Gross	AV	6 479 333	354,8%	1 424 579	-92,7%	19 539 301
	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	104 117 904		108 578 121		116 729 557

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	3 126 172	-62,4%	8 311 489	0%	8 311 489
	Gross	CU	3 126 172	-62,4%	8 311 489	0%	8 311 489
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	11 395 978	88,6%	6 043 771	-5,6%	6 402 044
	Gross	BB	11 395 978	88,6%	6 043 771	-5,6%	6 402 044
	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%	6 121 150	39,2%	4 397 028
	Gross	BF	0	0%	6 121 150	0%	4 397 028
	Amortisation	BG	0		0		0
	Other financial assets	Net	4 463	-17,0%	5 378	0%	5 378
	Gross	BH	4 463	-17,0%	5 378	0%	5 378
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		14 526 613		20 481 788		19 115 939

Current Assets (III)

			31/12/2010		31/12/2009		31/12/2008
	Total Assets	Net	74 300 279	-8,0%	80 757 425	-16,8%	97 065 579
	Gross	CJ	74 564 993	-8,2%	81 228 744	-20,8%	102 588 098
	Amortisation	CK	264 714	-43,8%	471 319	-91,5%	5 522 519

Stocks

			31/12/2010		31/12/2009		31/12/2008
	Raw materials	Net	5 152 452	4,0%	4 952 738	-10,5%	5 533 699
	Gross	BL	5 188 725	0,7%	5 150 655	-7,1%	5 545 159
	Amortisation	BM	36 273	-81,7%	197 917	1627,0%	11 460
	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	17 757 124	14,0%	15 581 889	-19,1%	19 258 396
	Gross	BR	17 947 988	13,5%	15 815 907	-36,1%	24 739 266
	Amortisation	BS	190 864	-18,4%	234 019	-95,7%	5 480 870
	Goods for resale	Net	722 745	-10,3%	805 917	-31,4%	1 175 029
	Gross	BT	722 745	-10,3%	805 917	-31,4%	1 175 029
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	23 632 321	10,7%	21 340 544	-17,8%	25 967 124

Advance payments to suppliers

			31/12/2010		31/12/2009		31/12/2008
	Advance payments to suppliers	Net	0	0%	0	0%	958
	Gross	BV	0	0%	0	0%	958
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2010		31/12/2009		31/12/2008
	Trade accounts receivable	Net	45 765 116	-16,1%	54 548 136	-11,2%	61 437 512
	Gross	BX	45 802 693	-16,1%	54 587 519	-11,2%	61 467 701
	Amortisation	BY	37 577	-4,6%	39 383	30,5%	30 189
	Other debtors	Net	4 818 007	15,4%	4 176 415	-50,7%	8 465 926
	Gross	BZ	4 818 007	15,4%	4 176 415	-50,7%	8 465 926
	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	50 583 123	-13,9%	58 724 551	-16,0%	69 903 438

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	13 249	694,3%	1 668	-99,6%	374 186
	Gross	CF	13 249	694,3%	1 668	-99,6%	374 186
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	13 249	694,3%	1 668	-99,6%	374 186

Prepaid expenses

			31/12/2010		31/12/2009		31/12/2008
	Prepaid expenses	Net	71 586	-89,6%	690 662	-15,8%	819 873
	Gross	CH	71 586	-89,6%	690 662	-15,8%	819 873
	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	0	0%	0	0%	0
Gross		0	0%	0	0%	0

References

		31/12/2010		31/12/2009		31/12/2008
Due within one year	CP	11 400 442	-6,3%	12 171 300	0%	0
Due after one year	CR	759 634	0,9%	752 955	0,1%	752 275

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	193 064 662	-8,0%	209 879 310	-9,9%	232 911 579

Shareholder Equity (I)

			31/12/2010		31/12/2009		31/12/2008
	Total shareholders' equity (Total I)	DL	85 740 421	35,7%	63 194 672	27,0%	49 773 216
	Equity and shareholders' equity	DA	12 717 015	0%	12 717 015	0%	12 717 015
	Issue and merger premiums	DB	9 075	0%	9 075	0%	9 075
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	1 292 464	0%	1 292 464	0%	1 292 464
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	207 627	0,0%	207 628	0%	207 628
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	0	0%	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	-4 749 802	45,4%	-8 695 268	-169565,4%	5 131
	Profit or loss for the period	DI	16 756 936	324,7%	3 945 466	145,3%	-8 700 400
	Investment grants	DJ	74 216	-34,4%	113 087	0%	0
	Special tax-allowable reserves	DK	59 432 890	10,9%	53 605 205	21,2%	44 242 303

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	2 836 197	15,7%	2 451 641	-74,4%	9 575 084
	Risk provisions	DP	80 000	0%	0	0%	0
	Reserves for charges	DQ	2 756 197	12,4%	2 451 641	-74,4%	9 575 084

Liabilities (IV)

			31/12/2010		31/12/2009		31/12/2008
	Total Liabilities (Total IV)	EC	104 488 386	-27,6%	144 233 346	-16,9%	173 563 626
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	976	0%	0	0%	1 080
	Sundry loans and financial liabilities	DV	60 368 711	-45,9%	111 654 096	-11,9%	126 801 756
	Of which participating loans	EI	60 099 079	-46,0%	111 315 551	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	32 125 955	25,7%	25 550 944	-22,4%	32 919 174
	Tax and social security liabilities	DY	3 191 342	21,9%	2 618 116	3,6%	2 526 755
	Fixed asset liabilities	DZ	5 791 182	474,7%	1 007 618	-85,0%	6 705 239
	Other debts	EA	3 010 220	-11,5%	3 402 572	-26,2%	4 611 342

Translation loss (V)

		31/12/2010		31/12/2009		31/12/2008
Translation loss (Total V)	ED	-347	0,3%	-348	0,3%	-349

Equalization accounts

		31/12/2010		31/12/2009		31/12/2008
Deferred income	EB	0	0%	0	0%	-1 720

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	46 134 119	-46,3%	85 831 704	-25,4%	115 120 879
Of which current bank facilities	EH	0	0%	0	0%	1 080

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	13 890 429	38,2%	10 047 359	1317,8%	708 673

2 - Financial result (V - VI)

		31/12/2010		31/12/2009		31/12/2008
Financial result (Total V-VI)	GV	1 369 738	8,6%	1 260 733	132,3%	-3 908 031

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	15 260 167	34,9%	11 308 092	453,4%	-3 199 358

4 - Extraordinary result (VII-VIII)

		31/12/2010		31/12/2009		31/12/2008
Extraordinary result (Total VII-VIII)	HI	488 870	105,3%	-9 141 902	-43,8%	-6 357 466

Profit or loss

		31/12/2010		31/12/2009		31/12/2008
Profit or loss	HN	16 756 935	324,7%	3 945 465	145,3%	-8 700 401

Total Income (I+III+V+VII)

		31/12/2010		31/12/2009		31/12/2008
Total Income (I+III+V+VII)	HL	351 483 672	11,4%	315 480 656	-9,1%	347 086 084

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	334 726 736	7,4%	311 535 191	-12,4%	355 786 485

Operating income (I)

		31/12/2010		31/12/2009		31/12/2008
Total operating income (Total I)	FR	333 201 252	8,5%	307 199 187	-10,4%	342 764 267

Operating income (details)

			31/12/2010		31/12/2009		31/12/2008
	Sale of goods for resale	FC	56 860 500	25,2%	45 428 261	-17,4%	54 969 250
	France	FA	55 865 277	25,3%	44 574 088	-17,5%	54 048 154
	Export	FB	995 223	16,5%	854 173	-7,3%	921 096
	Sale of goods produced	FF	337 238 101	20,3%	280 389 095	-25,8%	378 076 760
	France	FD	105 561 174	26,3%	83 560 290	-25,5%	112 228 381
	Export	FE	231 676 927	17,7%	196 828 805	-26,0%	265 848 379
	Sale of services	FI	698 143	-90,9%	7 679 979	27,9%	6 003 380
	France	FG	411 591	-94,5%	7 465 776	34,3%	5 558 750
	Export	FH	286 552	33,8%	214 203	-51,8%	444 630
	Net turnover	FL	394 796 744	18,4%	333 497 335	-24,0%	439 049 390
	France	FJ	161 838 042	19,3%	135 600 154	-21,1%	171 835 285
	Export	FK	232 958 702	17,7%	197 897 181	-25,9%	267 214 105
	Stocked production	FM	-63 381 519	-54,0%	-41 157 250	58,5%	-99 239 095
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	0	0%	0	0%	0
	Release of reserves and provisions	FP	1 564 987	-89,4%	14 726 960	474,3%	2 564 220
	Other income	FQ	221 040	67,3%	132 141	-66,1%	389 752

Operating charges (II)

		31/12/2010		31/12/2009		31/12/2008
Total operating charges (Total II)	GF	319 310 823	7,5%	297 151 828	-13,1%	342 055 594

Exploitation charges

		31/12/2010		31/12/2009		31/12/2008
Purchase of goods for resale	FS	61 571 518	41,7%	43 442 106	-16,7%	52 123 846
Change in stocks of goods for resale	FT	-4 294 962	-574,1%	905 888	112,2%	-7 399 944
Purchase of raw materials	FU	141 131 710	30,4%	108 265 824	-40,9%	183 172 470
Change in stocks of raw materials	FV	-61 174 982	-89,0%	-32 373 382	64,7%	-91 756 801
Other external purchases and charges	FW	161 924 822	3,3%	156 689 262	-13,5%	181 081 274
Tax, duty and similar payments	FX	2 348 491	29,7%	1 810 593	-24,6%	2 402 753
Payroll	FY	761 382	6,1%	717 575	-12,0%	815 787
Social security costs	FZ	349 501	6,4%	328 408	-0,6%	330 381

Depreciation

		31/12/2010		31/12/2009		31/12/2008
Depreciation of fixed assets	GA	13 821 162	-1,3%	14 006 466	22,0%	11 484 851
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	447 052	-64,3%	1 252 669	-76,8%	5 390 478
Provisions for risks and charges	GD	914 101	4,0%	879 000	-71,8%	3 121 709

Other charges

		31/12/2010		31/12/2009		31/12/2008
Other charges	GE	1 511 028	23,1%	1 227 419	-4,8%	1 288 790

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	2 757 145	-26,3%	3 740 550	72,3%	2 171 581
	Share financial income	GJ	2 366 000	-31,6%	3 458 000	107,8%	1 664 000
	Other investment income & capitalised receivables	GK	199 976	41,7%	141 145	18,3%	119 305
	Other interest and similar income	GL	21 986	-69,2%	71 487	-73,9%	273 637
	Released provisions and transferred charges	GM	0	0%	0	0%	0
	Exchange gains	GN	169 183	142,0%	69 918	-39,0%	114 639
	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	1 387 407	-44,1%	2 479 817	-59,2%	6 079 612
	Financial reserves and provisions	GQ	0	0%	25 000	-62,7%	67 000
	Interest and similar charges	GR	1 190 984	-49,5%	2 356 257	-60,2%	5 914 147
	Exchange losses	GS	196 423	99,3%	98 560	0,1%	98 465
	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	15 525 275	241,9%	4 540 919	111,2%	2 150 236
	Extraordinary operating income	HA	0	0%	268 550	0%	0
	Extraordinary income from capital transactions	HB	11 501 871	29639,8%	38 675	-63,7%	106 402
	Released provisions and transferred charges	HC	4 023 404	-5,0%	4 233 694	107,1%	2 043 834

Extraordinary charges (VIII)

			31/12/2010		31/12/2009		31/12/2008
	Total extraordinary charges (Total VIII)	HH	15 036 405	9,9%	13 682 821	60,8%	8 507 702
	Extraordinary operating charges	HE	0	0%	0	0%	4 754
	Extraordinary charges from capital transactions	HF	5 185 316	5913,8%	86 224	-66,2%	255 349
	Extraordinary reserves and provisions	HG	9 851 089	-27,5%	13 596 597	64,9%	8 247 599

Employee profit sharing (IX)

		31/12/2010		31/12/2009		31/12/2008
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	-2 952

Tax on profits (X)

		31/12/2010		31/12/2009		31/12/2008
Tax on profits (Total X)	HK	-1 007 899	43,4%	-1 779 275	-108,5%	-853 471

References

		31/12/2010		31/12/2009		31/12/2008
Of which equipment leases	HP	15 660	10,4%	14 186	-0,9%	14 314
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	381 785	-3,5%	395 648	1206,6%	30 280
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	1 500 275	27,5%	1 176 559	4,8%	1 122 612

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%	19 397 381	0%	0
	Decreasess by transfers	OK2	11 300 450	989,2%	1 037 483	0%	0
	Gross value at the end of period	OL	336 473 780	1,0%	333 080 570	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	170 087	75,0%	97 208	0%	0
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	74 550	2,3%	72 880	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	244 637	43,8%	170 088	0%	0

Tangible fixed assets (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LN	312 428 690	1,7%	307 178 056	0%	0
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	9 344 283	-63,1%	25 327 230	0%	0
	Decreasess by budget item transfer	NG1	0	0%	19 397 381	0%	0
	Decreasess by transfers	NG2	70 447	-89,6%	679 210	0%	0
	Gross value at the end of period	NH	321 702 526	3,0%	312 428 695	0%	0

Fiancial assets (Total IV)

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	LQ	20 481 787	7,1%	19 115 939	0%	0
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	5 274 828	205,9%	1 724 121	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	11 230 001	3034,5%	358 272	0%	0
	Gross value at the end of period	NK	14 526 614	-29,1%	20 481 788	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	108 111	11,8%	96 706	0%	0
Increases		PF	16 663	46,1%	11 406	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	124 774	15,4%	108 112	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	203 850 569	7,0%	190 448 500	0%	0
Increases		QV	13 804 499	-1,4%	13 995 061	0%	0
Decreases		QW	70 447	-88,1%	592 987	0%	0
	Decreasess by budget item transfer	QX	217 584 621	6,7%	203 850 574	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	56 528 165	-4,7%	59 339 906	0%	0
Increases		UB	11 212 242	-28,8%	15 753 266	0%	0
Decreases		UC	5 206 605	-72,0%	18 565 006	0%	0
	Value at the end of period	UD	62 533 802	10,6%	56 528 166	0%	0

Includes Total allocations

Operating	UE	1 361 153	-36,1%	2 131 669	0%	0
Financial	UG	0	0%	25 000	0%	0
Exceptional	UJ	9 851 089	-27,5%	13 596 597	0%	0

Includes Total Withdrawal

Operating	UF	1 183 201	-91,7%	14 331 312	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	4 023 404	-5,0%	4 233 694	0%	0

Total regulated provisions (Total I)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	3Z	53 605 205	21,2%	44 242 305	0%	0
Increases		TS	9 851 089	-27,5%	13 596 597	0%	0
Decreases		TT	4 023 404	-5,0%	4 233 694	0%	0
	Value at the end of period	TU	59 432 890	10,9%	53 605 208	0%	0

Total risk and charge provisions (Total II)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	5Z	2 451 641	-74,4%	9 575 084	0%	0
Increases		TV	914 101	1,1%	904 000	0%	0
Decreases		TW	529 544	-93,4%	8 027 443	0%	0
	Value at the end of period	TX	2 836 198	15,7%	2 451 641	0%	0

Total Provision for depreciation (Total III)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7B	471 318	-91,5%	5 522 519	0%	0
Increases		TY	447 052	-64,3%	1 252 669	0%	0
Decreases		TZ	653 657	-89,6%	6 303 869	0%	0
	Value at the end of period	UA	264 713	-43,8%	471 319	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	62 092 728	-13,3%	71 624 896	0%	0
1 year at most	VU	49 932 652	-29,5%	70 871 941	0%	0
More than one year	VV	12 160 076	1515,0%	752 955	0%	0

State of loans

		31/12/2010		31/12/2009		31/12/2008
Claims related to holdings (gross)	UL	11 395 978	88,6%	6 043 771	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	6 043 771	0%	0
Loans (gross)	UP	0	0%	6 121 150	0%	0
Loans (1 year at most)	UR	0	0%	6 121 150	0%	0
Other financial assets (gross)	UT	4 463	-17,0%	5 379	0%	0
Other financial assets (1 year at most)	UV	0	0%	5 379	0%	0

Receivables statement of assets

		31/12/2010		31/12/2009		31/12/2008
Customers doubtful or disputed	VA	74 572	9,8%	67 893	0%	0
Other claims customer	UX	45 728 121	-16,1%	54 519 627	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	17 315	0%	0
Social Security and other social organizations	UZ	9 668	-28,7%	13 551	0%	0
Income taxes	VM	930 848	9,0%	853 797	0%	0
Value added tax	VB	3 018 243	51,5%	1 992 475	0%	0
Other taxes and payments assimilated	VN	0	0%	232 300	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	66 389	-60,9%	169 703	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	792 857	-11,6%	897 274	0%	0

Prepaid

		31/12/2010		31/12/2009		31/12/2008
Prepaid	VS	71 586	-89,6%	690 662	0%	0

State Debt

			31/12/2010		31/12/2009		31/12/2008
	Total debt (gross)	VY	104 488 388	-27,6%	144 233 344	0%	0
1 year at most		VZ2	46 134 121	-46,3%	85 831 705	0%	0
More than 1 year and 5 years at most		VZ3	58 199 731	-0,1%	58 250 591	0%	0
More than 5 years		VZ4	154 536	2,3%	151 048	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	976	0%	0	0%	0
1 year at most		VG2	976	0%	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	269 632	-20,4%	338 545	0%	0
1 year at most		8A2	69 901	0,1%	69 837	0%	0
More than 1 year and 5 years at most		8A3	199 731	-20,3%	250 591	0%	0
	Suppliers and associated accounts (gross)	8B1	32 125 955	25,7%	25 550 944	0%	0
1 year at most		8B2	32 125 955	25,7%	25 550 944	0%	0
More than 1 year and 5 years at most		8B3	32 125 955	25,7%	25 550 944	0%	0
	Personnel and associated accounts (gross)	8C1	242 385	9,9%	220 615	0%	0
1 year at most		8C2	139 361	5,6%	131 994	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	845 768	24,7%	678 024	0%	0
1 year at most		8D2	794 256	25,3%	633 713	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	1 852 308	8,0%	1 714 753	0%	0
1 year at most		VW2	1 852 308	8,0%	1 714 753	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	250 881	5211,9%	4 723	0%	0
1 year at most		VQ2	250 881	5211,9%	4 723	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	5 791 182	474,7%	1 007 616	0%	0
1 year at most		8J2	5 791 182	474,7%	1 007 616	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	60 099 079	-46,0%	111 315 551	0%	0
1 year at most		VI2	2 099 079	-96,1%	53 315 551	0%	0
More than 1 year and 5 years at most		VI3	58 000 000	0%	58 000 000	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	3 010 220	-11,5%	3 402 572	0%	0
1 year at most		8K2	3 010 220	-11,5%	3 402 572	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	68 676	-19,9%	85 727	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	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%	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	10	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		1,09	-4,4%	1,14	-0,9%	1,15	1,29	-15,5%
Global Debt		95 days	-39,1%	156 days	9,9%	142 days	112 days	-15,2%
Working Capital Fund overall net		28 days	-46,2%	52 days	26,8%	41 days	68 days	-58,8%
Financial independence		8784879,20%	-	%	-	4608631,11%	560,39%	1567536,7%
More ratios
Solvability		44,41%	47,5%	30,11%	40,9%	21,37%	42,82%	3,7%
Capacity debt futures		8784879,20%	-	%	-	%	1610,05%	545527,7%
Coverage of current assets by net working capital overall		40,52%	-32,3%	59,82%	21,0%	49,43%	47,15%	-14,1%
General Liquidity		1,08	30,1%	0,83	-		0,75	44,0%
Restricted Liquidity		1,08	30,1%	0,83	-		1,03	4,9%

Management or rotation

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Need background in operating working capital		27 days	-47,1%	51 days	27,5%	40 days	38 days	-28,9%
Treasury		0 days	0%	0 days	0%	0 days	10 days	0%
Inventory turnover of goods		5 days	-28,6%	7 days	-22,2%	9 days	5,50 days	-9,1%
Average length of credit granted to customers		42 days	-28,8%	59 days	18,0%	50 days	62,50 days	-32,8%
Average length of credit obtained suppliers		39 days	18,2%	33 days	-10,8%	37 days	59 days	-33,9%
More ratios
Inventory turnover of raw materials in industrial enterprises		13 days	-23,5%	17 days	54,5%	11 days	43 days	-69,8%
Inventory turnover of intermediate and finished products in the industrial enterprise		123 days	15,0%	107 days	-	days	227 days	-45,8%
Rotation tangible assets		122,72%	15,0%	106,74%	-	%	213,57%	-42,5%

Profitability of the business

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Margin trading		-0,11%	-134,4%	0,32%	-86,3%	2,33	0%	0%
Profitability of the business		7,29	93,9%	3,76	-13,4%	4,34	5,71%	27,7%
Net profit		4,24%	259,3%	1,18%	159,6%	-1,98%	2,61%	62,5%
More ratios
Growth rate of turnover (excluding VAT)		18,38%	176,5%	-24,04%	-524,4%	-3,85%	14,06%	30,7%
Rates integration		8,17%	76,8%	4,62%	-10,3%	5,15%	24,67%	-66,9%
Rate leasing furniture		0%	0%	0%	0%	0%	0%	0%
Work Factor		3,44%	-49,3%	6,79%	33,9%	5,07%	68,48%	-95,0%
Weight interests		0,35	-52,7%	0,74%	-46,4%	1,38%	0,65%	-46,2%

Return on capital

		31/12/2010		31/12/2009		31/12/2008	Sector Median 2010
Cash flow from the overall profitability		7,32%	87,2%	3,91%	52,7%	2,56%	5,95%	23,0%
Rates of economic profitability		20%	185,7%	7%	-36,4%	11%	13%	53,8%
Financial profitability		85740421%	35,7%	63194672%	27,0%	49773216%	1009560%	8392,9%
Return on investment		12,42%	238,4%	3,67%	348,0%	-1,48%	9,08%	36,8%

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	394 796 744	18,4%	333 497 335	-24,0%	439 049 390	5 629 362 €	6913,2%

Sales of goods	56 860 500	25,2%	45 428 261	-17,4%	54 969 250
- Purchase of goods	61 571 518	41,7%	43 442 106	-16,7%	52 123 846
+/- Stock of goods variation	-4 294 962	-574,1%	905 888	112,2%	-7 399 944
Trading margin	-416 056 €	-138,5%	1 080 267 €	-89,5%	10 245 348 €	0 €	0%
	-0,11 % CA	-134,4%	0,32 % CA	-86,3%	2,33 % CA	0 % CA	0%

Sale of goods produced	337 936 244	17,3%	288 069 074	-25,0%	384 080 140
+/- Stocked production	-63 381 519	-54,0%	-41 157 250	58,5%	-99 239 095
+ Self-constructed assets	0	0%	0	0%	0
Period production	274 554 725 €	11,2%	246 911 824 €	-13,3%	284 841 045 €	4 755 470 €	5673,5%
	69,54 % CA	-6,1%	74,04 % CA	14,1%	64,88 % CA	99,17 % CA	-29,9%

Trading margin	-416 056	-138,5%	1 080 267	-89,5%	10 245 348	0	0%
+ Period Production	274 554 725	11,2%	246 911 824	-13,3%	284 841 045	4 755 470	5673,5%
- Purchase of raw materials	141 131 710	30,4%	108 265 824	-40,9%	183 172 470
+/- Change in stocks of raw materiels	-61 174 982	-89,0%	-32 373 382	64,7%	-91 756 801
- Other external purchases and charges	161 924 822	3,3%	156 689 262	-13,5%	181 081 274
Added value	32 257 119 €	109,3%	15 410 387 €	-31,8%	22 589 450 €	1 083 953 €	2875,9%
	8,17 % CA	76,8%	4,62 % CA	-10,3%	5,15 % CA	24,61 % CA	-66,8%

Added value	32 257 119 €	109,3%	15 410 387 €	-31,8%	22 589 450 €	1 083 953 €	2875,9%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	2 348 491	29,7%	1 810 593	-24,6%	2 402 753
- Personal charges	1 110 883	6,2%	1 045 983	-8,7%	1 146 168
Gross operating surplus	28 797 745 €	129,4%	12 553 811 €	-34,1%	19 040 529 €	118 208 €	24261,9%
	7,29 % CA	93,9%	3,76 % CA	-13,4%	4,34 % CA	5,71 % CA	27,7%

Gross operating surplus	28 797 745 €	129,4%	12 553 811 €	-34,1%	19 040 529 €	118 208 €	24261,9%
+ Release of reserves and provisions	1 564 987	-89,4%	14 726 960	474,3%	2 564 220
+ Other operating income	221 040	67,3%	132 141	-66,1%	389 752
- Depreciation/Amortisation	15 182 315	-5,9%	16 138 135	-19,3%	19 997 038
- Other charges	1 511 028	23,1%	1 227 419	-4,8%	1 288 790
Operating result	13 890 429 €	38,2%	10 047 358 €	1317,8%	708 673 €	47 790 €	28965,6%
	3,52 % CA	16,9%	3,01 % CA	1781,2%	0,16 % CA	3,39 % CA	3,8%

Operating result	13 890 429 €	38,2%	10 047 358 €	1317,8%	708 673 €	47 790 €	28965,6%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	2 757 145	-26,3%	3 740 550	72,3%	2 171 581
- Financial charges	1 387 407	-44,1%	2 479 817	-59,2%	6 079 612
Pre-tax result	15 260 167 €	34,9%	11 308 091 €	453,4%	-3 199 358 €	45 140 €	33706,3%
	3,87 % CA	14,2%	3,39 % CA	564,4%	-0,73 % CA	2,47 % CA	56,7%

Extraordinary income	15 525 275	241,9%	4 540 919	111,2%	2 150 236	32 554	47590,8%
- Extraordinary charges	15 036 405	9,9%	13 682 821	60,8%	8 507 702
Extraordinary result	488 870 €	105,3%	-9 141 902 €	-43,8%	-6 357 466 €	0 €	0%
	0,12 % CA	104,4%	-2,74 % CA	-89,0%	-1 % CA	0 % CA	0%

Pre-tax result	15 260 167 €	34,9%	11 308 091 €	453,4%	-3 199 358 €	45 140 €	33706,3%
Extraordinary result	488 870 €	105,3%	-9 141 902 €	-43,8%	-6 357 466 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	-2 952
- Tax on profits	-1 007 899	43,4%	-1 779 275	-108,5%	-853 471
Net result	16 756 936 €	324,7%	3 945 464 €	145,3%	-8 700 401 €	68 906 €	24218,5%
	4,24 % CA	259,3%	1,18 % CA	159,6%	-1,98 % CA	2,61 % CA	62,5%

judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Summary of preferential rights

Company monitored since	06/11/2008
Status of Monitoring	No social security and tax office preferential right to date

Group data

Ultimate parent company	SOLVAY S.A.
Direct parent	SOLVIN HOLDING GMBH - 99 %
Group – Number of companies	301
Linkages – Number of companies	113
Number of countries	21
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event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
02/01/2012	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 8510 - 414574277 RCS. SOLVIN FRANCE. Forme : Société anonyme. Adresse : 25 rue de Clichy 75009 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
22/06/2011	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 2332 - 414 574 277 RCS Paris. SOLVIN FRANCE. Forme : Société anonyme. Administration : Président du conseil d'administration partant : Morici, Vincenzo, nomination du Président du conseil d'administration et Directeur général : Ferreira Constant, Filipe, Directeur général et Administrateur partant : Tucoulat, Pierre Justin, Administrateur partant : Clerget, Xavier Jacques Marie, Administrateur partant : Mes, Emiel, nomination de l'Administrateur : Janssen, Edouard, nomination de l'Administrateur : Tchapian, Michel. Capital : 12717015 EUR. Activité : . Adresse du siège social : 25 rue de Clichy, 75009 Paris. Commentaires : modification survenue sur l'administration.
06/06/2011	JAL	Resignation / Revocation of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 29/04/2011 La société 414574277 - SOLVIN FRANCE, 25 RUE DE CLICHY, 75009 PARIS 9 Fait l'objet du départ de Date d'effet : 29/04/2011
10/01/2011	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 5571 - 414574277 RCS. SOLVIN FRANCE. Forme : Société anonyme. Adresse : 25 R DE CLICHY 75009 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
26/03/2010	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 3018 - 414 574 277 RCS Paris. SOLVIN FRANCE. Forme : Société anonyme. Administration : Président du conseil d'administration partant : Pleska, Jean-Pierre Ghislain, nomination du Président du conseil d'administration : Morici, Vincenzo. Capital : 12717015 EUR. Adresse du siège social : 25 rue de Clichy, 75009 Paris. Commentaires : modification survenue sur l'administration.
02/03/2010	JAL	Appointment of the social representative
LES PETITES AFFICHES Société faisant objet d'une nomination : 414574277 - SOLVIN FRANCE, 25 RUE DE CLICHY, 75009 PARIS 9 Nominé : Monsieur Vincenzo MORICI En la fonction de : Président du Conseil d'Administration
02/03/2010	JAL	Appointment of the social representative
LES PETITES AFFICHES Société faisant objet d'une nomination : 414574277 - SOLVIN FRANCE, 25 RUE DE CLICHY, 75009 PARIS 9 Nominé : Monsieur Vincenzo MORICI En la fonction de : Administrateur
02/03/2010	JAL	Resignation / Revocation of the social representative
LES PETITES AFFICHES Date de décision : 29/10/2009 La société 414574277 - SOLVIN FRANCE, 25 RUE DE CLICHY, 75009 PARIS 9 Fait l'objet du départ de Monsieur Jean-Pierre PLESKA
02/03/2010	JAL	Resignation / Revocation of the social representative
LES PETITES AFFICHES Date de décision : 29/10/2009 La société 414574277 - SOLVIN FRANCE, 25 RUE DE CLICHY, 75009 PARIS 9 Fait l'objet du départ de Monsieur Jean-Pierre PLESKA
25/02/2010	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 2371 - 414 574 277 RCS Paris. SOLVIN FRANCE. Forme : Société anonyme. Administration : Président du conseil d'administration PLESKA JEAN-PIERRE GHISLAIN,Directeur général et Administrateur TUCOULAT PIERRE JUSTIN,Administrateur JANS Philippe,Administrateur MALVALDI Alessandro,Administrateur MES Emiel,Administrateur CLERGET XAVIER JACQUES MARIE. Capital : 12717015 EUR. Activité : Fabrication et commercialisation de produits chimiques et notamment de produits vinyliques. Adresse de l’établissement principal : avenue de la République, 39501 Tavaux. Adresse du siège social : 25 rue de Clichy, 75009 Paris. Commentaires : Modifications survenues sur l'adresse du siège. Date de commencement de l’activité : 01/06/2006.
24/12/2009	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1422 - 414 574 277 RCS Paris. SOLVIN FRANCE. Forme : Société anonyme. Administration : Administrateur partant : De Wachter, Carl, nomination de l'Administrateur : Jans, Philippe. Capital : 12717015 EUR. Adresse du siège social : 25 rue de Clichy, 75009 Paris. Commentaires : modification survenue sur l'administration.
06/11/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7656 - 414574277 RCS. SOLVIN FRANCE. Forme : Société anonyme. Adresse : 25 rue de Clichy 75009 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
03/04/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 9192 - 414574277 RCS. SOLVIN FRANCE. Forme : Société anonyme. Adresse : 25 rue de Clichy 75009 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
14/12/2007	Bodacc C	Avis de dépôt des comptes
9510 - 414 574 277. RCS Paris SOLVIN FRANCE. Forme: Société anonyme. Adresse du siège social: 25 rue de Clichy 75009 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
03/08/2007	Bodacc B	Modifications et mutations diverses
1553 - RCS Paris B 414 574 277. RC 97-B 16081. SOLVIN FRANCE. Forme : S.A. Capital : 12 717 015 euros. Adresse du siège social : 25 rue de Clichy,, 75009 Commentaires : modification survenue sur l'administration. Administration : administrateur partant : MESLAND (Jean-Michel, Maurice). Modification d'un administrateur : MALVALDI (Alessandro).
17/12/2006	Bodacc C	Avis de dépôt des comptes
5995 - RCS Paris B 414 574 277. RC 97-B 16081. SOLVIN FRANCE. Forme: S.A. Adresse du siège social: 25, R de Clichy,Paris, 75009 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
10/12/2006	Bodacc B	Modifications et mutations diverses
1690 - RCS Paris B 414 574 277. RC 97-B 16081. SOLVIN FRANCE. Forme : S.A. Capital : 12 717 015 euros. Adresse du siège social : 25 rue de Clichy,, 75009 Commentaires : modification survenue sur l'administration. Administration : administrateur partant : DEHEM (François, Marie, Louis, Pierre). Nomination d'un administrateur : MES (Emiel).
04/08/2006	Bodacc B	Modifications et mutations diverses
2089 - RCS Paris B 414 574 277. RC 97-B 16081. SOLVIN FRANCE. Forme : S.A. Capital : 12 717 015 euros. Adresse du siège social : 12 cours Albert-1er,, 75008 Commentaires : modification survenue sur l'administration. Administration : directeur général et administrateur partant : NEU (Nicolas, Paul, Aloyse). Nomination d'un directeur général et administrateur : TUCOULAT (Pierre, Justin).
02/12/2005	Bodacc C	Avis de dépôt des comptes
3171 - RCS Paris B 414 574 277. RC 97-B 16081. SOLVIN FRANCE. Forme: S.A. Adresse du siège social: 12, cours Albert 1er,Paris, 75008 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
24/07/2005	Bodacc B	Modifications et mutations diverses
590 - RCS Paris B 414 574 277. RC 97-B 16081. SOLVIN FRANCE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : commissaire aux comptes titulaire partant : ERNST & YOUNG AUDIT S.A. Nomination d'un commissaire aux comptes titulaire : DELOITTE & ASSOCIES. Commissaire aux comptes suppléant partant : RIGO (Jacques). Nomination d'un commissaire aux comptes suppléant : BEAS S.A.R.L.
23/07/2004	Bodacc B	Modifications et mutations diverses
RCS Paris B 414574277 RC 97-B 16081 SOLVIN FRANCE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : SCHWAGER ( Harald).
28/08/2003	Bodacc B	Modifications et mutations diverses
RCS Paris B 414574277 RC 97-B 16081 SOLVIN FRANCE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : commissaire aux comptes titulaire partant : CABINET JANNY MARQUE ET ASSOCIES. Nomination d'un commissaire aux comptes titulaire : ERNST & YOUNG AUDIT S.A. Commissaire aux comptes suppléant partant : COUTANCIER (Jean). Nomination d'un commissaire aux comptes suppléant : RIGO (Jacques).
30/01/2003	Bodacc B	Modifications et mutations diverses
RCS Paris B 414574277 RC 97-B 16081 SOLVIN FRANCE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : BAILLY (Jean- Pierre, Augustin, Arsène). Nomination d' un administrateur : MESLAND (Jean- Michel, Maurice).
20/09/2002	Bodacc B	Modifications et mutations diverses
RCS Paris B 414574277 RC 97-B 16081 SOLVIN FRANCE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : VANDENBROUCKE ( Paul). Nomination d'un administrateur : DE WACHTER (Carl).
07/01/2001	Bodacc B	Modifications et mutations diverses
RCS Paris B 414574277 RC 97-B 16081 SOLVIN FRANCE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : BROUSSE ( Pascal, Jean, Albert). Nomination d'un administrateur : CLERGET (Xavier, Jacques, Marie).
30/07/2000	Bodacc B	Modifications et mutations diverses
RCS Paris B 414574277 RC 97-B 16081 SOLVIN FRANCE. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : président du conseil d'administration partant : VAN RIJCKEVORSEL (Jacques, Nicole, Gérard). Nomination du président du conseil d'administration : PLESKA (Jean-Pierre, Ghislain).
30/03/2000	Bodacc B	Modifications et mutations diverses
*. RCS Paris B 414 574 277 RC 97-B 16081 SOLVIN FRANCE. Forme : S.A. Adresse du siège social : 12, cours Albert-Ier 75008 Paris. Commentaires : modification survenue sur l'adresse du siège social.
02/09/1999	Bodacc B	Modifications et mutations diverses
*. RCS Paris B 414 574 277 RC 97-B 16081 SOLVAY - P.V.C. - FRANCE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : nomination en qualité de directeur général et administrateur : NEU ( Nicolas, Paul, Aloyse). Suppression : administrateurs : COSTE (Philippe, Henri) BUCCO (Guillaume, Jean, Marie, Benoit) POLUS (Vincent, Jean, Emmanuel). Modification : administrateurs : BAILLY (Jean-Pierre, Augustin, Arsène). Nomination en qualité d'administrateurs : DEHEM ( François, Marie, Louis, Pierre) VANDENBROUCKE (Paul) SCHAWAGER ( Harald).
29/07/1999	Bodacc B	Modifications et mutations diverses
*. RCS Paris B 414 574 277 RC 97-B 16081 SOLVAY-P.V.C.-FRANCE. Forme : S.A. Capital : 12 717 015 euros. Commentaires : modification survenue sur l' administration et le capital ( diminution). Administration : suppression administrateur : ROUSSEAU (Claude, Maximin, Jean).
19/03/1999	Bodacc B	Modifications et mutations diverses
RCS *. RCS Paris B 414 574 277 RC RC 97- B 16081 SOLVAY P.V.C. FRANCE. Forme : S.A. Capital : 84 780 100 F. Administration : nomination en qualité de président du conseil d'administration : VAN RIJCKEVORSEL (Jacques, Nicole, Gérard) Nomination en qualité de directeur général et administrateur : BAILLY ( Jean-Pierre, Augustin, Arsène). Nomination en qualité d'administrateurs BUCCO (Guillaume, Jean, Marie, Benoit) POLUS (Vincent, Jean, Emmanuel) ROUSSEAU (Claude, Maximin, Jean). Suppression : administrateur : PEPTISYNTHA. Modification : administrateur : BROUSSE (Pascal, Jean, Albert). Commentaires : modification survenue sur l'administration et le capital (augmentation).
09/01/1999	Bodacc B	Modifications et mutations diverses
RCS *. RCS Paris B 414 574 277 RC RC 97- B 16081 SOLVAY - P.V.C. - FRANCE. Forme : S.A. Administration : suppression : président du conseil d'administration : LOIZILLON (Gabriel). Modification : président du conseil d'administration : BROUSSE (Pascal, Jean, Albert). Commentaires : modification survenue sur l'administration.
29/11/1998	Bodacc B	Modifications et mutations diverses
RCS Paris B 414 574 277 RC 97-B 16081 SOLVAY P.V.C. FRANCE. Forme : S.A. Commentaires : modification survenue sur la dénomination et l'administration. Administration : administrateur partant : NADAL (Jean, Jacques). Nomination d'un administrateur : BROUSSE (Pascal, Jean, Albert).
06/09/1998	Bodacc B	Modifications et mutations diverses
RCS Paris B 414 574 277 RC 97-B 16081 EXPANSOL. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : modification du président du conseil d' administration : LOIZILLON (Gabriel). Modification d'un administrateur : NADAL (Jean, Jacques).
12/12/1997	Bodacc A	Création d'établissement
RCS *. RCS Paris B 414 574 277 RC RC 97- B 16081 EXPANSOL. Forme : S.A. Capital : 250 000 F. Adresse du siège social : 5, rue Francois-1er 75008 Paris. Administration : président du conseil d' administration : NADAL (Jean, Jacques) Administrateurs : COSTE (Philippe, Henri) LOIZILLON (Gabriel) PEPTISYNTHA, dont le représentant permanent est : ROUSSEAU (Claude). Commissaire aux comptes titulaire : CABINET JANNY MARQUE ET ASSOCIES. Commissaire aux comptes suppléant : COUTANCIER (Jean).

Company events history

Date	Description
02/01/2012	Bodacc C : Deposit accounts notice
20/12/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
04/11/2011	Disengagement of the group
04/11/2011	New shareholders detected
04/11/2011	New parent detected
22/06/2011	Bodacc B: Various editing or changing
07/06/2011	Minutes of Board meeting
07/06/2011	New chairman (CEO, CoB)
07/06/2011	Changes to the Board of Directors
06/06/2011	Legal Gazette: Resignation / Revocation of the social representative
10/01/2011	Bodacc C : Deposit accounts notice
31/12/2010	New accounts available
09/07/2010	New shareholders detected
09/07/2010	New subsidiarie(s) detected
05/07/2010	Changes to the Board of Directors
26/03/2010	Bodacc B: Various editing or changing
09/03/2010	Changes to the Board of Directors
09/03/2010	New chairman (CEO, CoB)
02/03/2010	Legal Gazette: Resignation / Revocation of the social representative
25/02/2010	Bodacc B: Various editing or changing
31/12/2009	New accounts available
24/12/2009	Bodacc B: Various editing or changing
07/12/2009	Changes to the Board of Directors
06/11/2009	Bodacc C : Deposit accounts notice
29/10/2009	Legal Gazette: Appointment of the social representative
03/04/2009	Bodacc C : Deposit accounts notice
31/12/2008	New accounts available
06/11/2008	Collection of preferential rights activated for this company
19/06/2008	Minutes of general meeting of shareholders
19/06/2008	Appointment/resignation of company officers
19/06/2008	Changes to the Board of Directors
19/06/2008	Private document
14/03/2008	Modification of Establishment Activity
31/12/2007	New accounts available
05/07/2007	Private document
05/07/2007	Minutes of general meeting of shareholders
05/07/2007	Changes to the Board of Directors
05/07/2007	Modification du Conseil d'Administration
05/07/2007	Appointment/resignation of company officers
31/12/2006	New accounts available
21/11/2006	Private document
21/11/2006	Minutes of Board meeting
21/11/2006	Appointment/resignation of company officers
21/11/2006	Changes to the Board of Directors
21/11/2006	Modification du Conseil d'Administration
09/06/2006	Private document
09/06/2006	Transfert du Siège dans le ressort du Tribunal de Commerce
09/06/2006	Statuts mis à jour
09/06/2006	Updated articles of association
09/06/2006	Registered office transferred inside jurisdiction of the Commercial Court
09/06/2006	Minutes of Board meeting
12/05/2006	Modification du Conseil d'Administration
12/05/2006	Changes to the Board of Directors
12/05/2006	Appointment/resignation of company officers
12/05/2006	Private document
12/05/2006	Minutes of Board meeting
31/12/2005	New accounts available
06/07/2005	Private document
06/07/2005	Appointment/resignation of company officers
06/07/2005	Nomination/démission des organes de gestion
06/07/2005	PV d'Assemblée
06/07/2005	Changement de Commissaire aux Comptes
06/07/2005	New auditor
06/07/2005	Acte sous seing privé
06/07/2005	Minutes of general meeting of shareholders
31/12/2004	New accounts available
07/07/2004	Modification du Conseil d'Administration
07/07/2004	Acte sous seing privé
07/07/2004	Private document
07/07/2004	Appointment/resignation of company officers
07/07/2004	Minutes of general meeting of shareholders
07/07/2004	PV d'Assemblée
07/07/2004	Minutes of Board meeting
07/07/2004	PV du Conseil d'Administration
07/07/2004	Changement de Président (PDG, PCA)
07/07/2004	Nomination/démission des organes de gestion
31/12/2003	New accounts available
18/08/2003	Nomination/démission des organes de gestion
18/08/2003	Changement de Commissaire aux Comptes
18/08/2003	PV d'Assemblée
18/08/2003	Acte sous seing privé
16/01/2003	Modification du Conseil d'Administration
16/01/2003	Nomination/démission des organes de gestion
16/01/2003	PV du Conseil d'Administration
16/01/2003	Acte sous seing privé
09/09/2002	Modification du Conseil d'Administration
09/09/2002	Acte sous seing privé
09/09/2002	Nomination/démission des organes de gestion
09/09/2002	PV d'Assemblée
09/09/2002	Statuts mis à jour
20/12/2000	Acte sous seing privé
20/12/2000	PV du Conseil d'Administration
20/12/2000	Nomination/démission des organes de gestion
20/12/2000	Modification du Conseil d'Administration
17/07/2000	PV du Conseil d'Administration
17/07/2000	Changement de Président (PDG, PCA)
17/07/2000	Modification du Conseil d'Administration
17/07/2000	PV d'Assemblée
17/07/2000	Acte sous seing privé
17/07/2000	Nomination/démission des organes de gestion
14/03/2000	PV d'Assemblée
14/03/2000	Statuts mis à jour
14/03/2000	Transfert du Siège dans le ressort du Tribunal de Commerce
14/03/2000	Acte sous seing privé
19/08/1999	PV d'Assemblée
19/08/1999	Acte sous seing privé
19/08/1999	Statuts mis à jour
19/08/1999	Changement de dénomination sociale
19/08/1999	PV du Conseil d'Administration
19/08/1999	Modification du Conseil d'Administration
13/07/1999	Statuts mis à jour
13/07/1999	Acte sous seing privé
13/07/1999	Conversion du Capital Social en Euros
13/07/1999	Nomination/démission des organes de gestion
13/07/1999	Modification du Conseil d'Administration
13/07/1999	PV d'Assemblée
13/07/1999	Réduction de Capital
04/03/1999	Rapport des Commissaires ou du Gérant
04/03/1999	Modification du Conseil d'Administration
04/03/1999	Changement de Président (PDG, PCA)
04/03/1999	Augmentation de Capital
04/03/1999	Apport Partiel
04/03/1999	Acte sous seing privé
04/03/1999	PV du Conseil d'Administration
04/03/1999	Statuts mis à jour
04/03/1999	PV d'Assemblée
04/03/1999	Nomination/démission des organes de gestion
04/03/1999	Acte modificatif
04/03/1999	Déclaration de conformité
22/12/1998	Acte sous seing privé
22/12/1998	PV du Conseil d'Administration
22/12/1998	Nomination/démission des organes de gestion
22/12/1998	Changement de Président (PDG, PCA)
24/11/1998	Acte sous seing privé
24/11/1998	Apport Partiel
24/11/1998	Projet de Fusion
16/11/1998	Statuts mis à jour
16/11/1998	PV du Conseil d'Administration
16/11/1998	PV d'Assemblée
16/11/1998	Nomination/démission des organes de gestion
16/11/1998	Acte sous seing privé
16/11/1998	Changement de dénomination sociale
16/11/1998	Modification du Conseil d'Administration
24/08/1998	Acte sous seing privé
24/08/1998	Nomination/démission des organes de gestion
24/08/1998	Changement de Président (PDG, PCA)
24/08/1998	PV du Conseil d'Administration
01/01/1998	Nomination/démission des organes de gestion
01/01/1998	Requête et Ordonnance
25/11/1997	PV du Conseil d'Administration
25/11/1997	Nomination/démission des organes de gestion
25/11/1997	Certificat de dépôt des fonds
25/11/1997	Acte sous seing privé
25/11/1997	Formation de Société
25/11/1997	Statuts

Establishment events history

Date	Description
20/12/2011	Update Limit
20/12/2011	Update Rating
08/10/2011	Update Limit
03/09/2011	Update Rating
28/06/2011	Update of phone numbers
06/05/2011	Update Rating
25/01/2011	Update Rating
25/01/2011	Update Limit
21/01/2011	Update Rating
15/10/2010	Update Limit
03/09/2010	Update Rating
27/02/2010	Update of phone numbers
10/12/2009	Update Rating
19/10/2009	Update Limit
19/10/2009	Update Rating
02/10/2009	Update Limit
05/09/2009	Update Rating
05/03/2009	Update Rating
05/03/2009	Update Limit
03/12/2008	Update Rating
01/10/2008	Update Limit
03/09/2008	Update Rating
14/03/2008	Modification of Head office Activity
14/03/2008	Update of Establishment Activity
09/12/2007	Update Limit
01/06/2006	Formation of Establishment (after transfer)

directors

Name	M. FERREIRA CONSTANT FILIPE
Manager position	Président du conseil d'administration, Directeur général	Date of birth	19/06/1957
Place of birth	LISBONNE(PORTUGAL)
Type of manager	Individual	Name at birth of manager

Name	M. MALVALDI ALESSANDRO
Manager position	Administrateur	Date of birth	18/09/1949
Place of birth	PISA(ITALIE)
Type of manager	Individual	Name at birth of manager

Name	M. JANS PHILIPPE
Manager position	Administrateur	Date of birth	18/05/1982
Place of birth	TONGEREN(BELGIQUE)
Type of manager	Individual	Name at birth of manager

Name	M. JANSSEN EDOUARD
Manager position	Administrateur	Date of birth	02/06/1978
Place of birth	UCCLE(BELGIQUE)
Type of manager	Individual	Name at birth of manager

Name	M. TCHAPIAN MICHEL
Manager position	Administrateur	Date of birth	01/09/1958
Place of birth	PARIS (75017)
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 VINCENZO MORICI
Président du conseil d'administration	M JEAN-PIERRE GHISLAIN PLESKA
Président du conseil d'administration	M JEAN-PIERRE PLESKA
Directeur général	M PIERRE JUSTIN TUCOULAT
Directeur général	M PIERRE TUCOULAT
Administrateur	M XAVIER JACQUES MARIE CLERGET
Administrateur	M XAVIER CLERGET
Administrateur	M CARL DE WACHTER
Administrateur	M FRANCOIS DEHEM
Administrateur	M PHILIPPE JANS
Administrateur	M ALESSANDRO MALVALDI
Administrateur	M ALESSANDRO MALVALDI
Administrateur	M EMIEL MES
Administrateur	M EMIEL MES
Administrateur	M EMIEL MES
Administrateur	M JEAN-MICHEL MESLAND
Administrateur	M PIERRE TUCOULAT

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.51.30
UK Pound	1	Rs.81.36
Euro	1	Rs.67.97

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%)

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