MIRA
INFORM REPORT
|
Report Date : |
20.11.2012 |
IDENTIFICATION DETAILS
|
Name : |
DIAPIEL SL |
|
|
|
|
Registered Office : |
Calle Nuestra
Se๑ora De Gracia, 10 - Plt 1 C 29602 Marbella Mแlaga |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
20.03.1989 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Leather industry: travel
accesories |
|
|
|
|
No. of Employees : |
4 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
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 June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
spain - ECONOMIC OVERVIEW
spain's mixed capitalist economy is the 13th largest
in the world, and its per capita income roughly matches that of Germany and
France. However, after almost 15 years of above average GDP growth, the Spanish
economy began to slow in late 2007 and entered into a recession in the second
quarter of 2008. GDP contracted by 3.7% in 2009, ending a 16-year growth trend,
and by another 0.1% in 2010, before turning positive in 2011, making Spain the
last major economy to emerge from the global recession. The reversal in
Spain''s economic growth reflected a significant decline in construction amid
an oversupply of housing and falling consumer spending, while exports actually
have begun to grow. Government efforts to boost the economy through stimulus
spending, extended unemployment benefits, and loan guarantees did not prevent a
sharp rise in the unemployment rate, which rose from a low of about 8% in 2007
to over 20% in 2011. The government budget deficit worsened from 3.8% of GDP in
2008 to 9.2% of GDP in 2010, more than three times the euro-zone limit. Madrid
cut the deficit to 8.5% of GDP in 2011, a larger deficit than the 6% target negotiated
between Spain and the EU. Spain''s large budget deficit and poor economic
growth prospects have made it vulnerable to financial contagion from other
highly-indebted euro zone members despite the government''s efforts to cut
spending, privatize industries, and boost competitiveness through labor market
reforms. Spanish banks'' high exposure to the collapsed domestic construction
and real estate market also poses a continued risk for the sector. The
government oversaw a restructuring of the savings bank sector in 2010, and
provided some $15 billion in capital to various institutions. Investors remain
concerned that Madrid may need to bail out more troubled banks. The Bank of
Spain, however, is seeking to boost confidence in the financial sector by pressuring
banks to come clean about their losses and consolidate into stronger groups.
|
Source : CIA |
Identification
Current Business Name: DIAPIEL SL
Other names: NO
Current Address:
CALLE NUESTRA SEัORA DE GRACIA, 10 - PLT 1 C
Branches: 2
Telephone number: 956468260 Fax: 956461691
Trade Risk
Credit appraisal: 34.000,00
Incidents: NO
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial
Defaults of Payment: NO
Financial Information
Balance sheet latest sales (2011): 633.005,76 (Mercantile
Register)
Result: 17.665
Total Assets: 1.105.808,17
Share capital: 570.974,04
Employees: 4
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 20/03/1989
Activity: Leather industry: travel accesories
NACE 2009 CODE: 1512
International Operations: Imports
Corporate Structure
Administrator:
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 02/09/2011 Annual Filed Accounts
Bank Entities: There are
The
date when this report was last updated is 13/11/2012.
The
information contained in this report has been investigated and contrasted
on 13/11/2012
Financial situation
|
Exercise:2011 |
Evolution |
|||
|
Treasury |
|
Excellent |
|
|
|
Indebtedness |
|
Nil |
|
|
|
Profitability |
|
Average |
|
|
|
Balance |
|
Very good |
|
|
Performance
|
Incidents |
|
None or Negligible |
|
Business Trajectory |
|
Superior |
Rating Informa Explanation
Financial situation
The
companys financial situation is good.
The
companys financial situation evolution has been positive.
The
sales evolution has been negative not the results one, which has
been positive.
Company Structure
The
companys capitalization degree determines that its structure is normal.
The
companys size is very small depending on its sales volume.
The
employees evolution has been positive.
Performance and Incidences
The
available information indicates that the company does not have payment
incidences.
He
have detected no recent legal actions or claims from the Administration against
this company.
Accounts Filing
The
company files regularly its accounts.
Reasons of the last outstanding calculation in the note
|
DATE |
CHANGE |
RESULTING NOTE |
EVENT |
|
26/09/2012 |
Increase |
16 |
New financial statements have been uploaded. |
Summary
AFFECTED BY: No significant
element.
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT 
Summary
COMPANY
NOT INCLUDED IN EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS
OF PAYMENT
There is no information related to the nif/cif consulted in
the in the EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF
PAYMENT file
This
information comes from Experian Bureau Empresarial Service, property of
Experian Bureau de Cr้dito S.A. It could just be used for businessmen or professionals
and for the own aims of the business, and could not be transferred or
transmitted to third parties, copied, duplicate or reproduce, nor incorporate
to any owned or external database, or reuse it in any direct or indirect way.
Experian Bureau de Cr้dito S.A. may file you for damages it may suffer in case
of breaching any of the afore mentioned obligations. Experian would not be
responsible of the lack of accuracy in the supplied information when it
coincides with the one supplied by the creditor entities.
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This
company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
06/11/2012
17:11:49
Information
from the Registro de Aceptaciones Impagados (RAI)- Disputed Bills register.
It
can only be used for information legitimate needs of the consulting party, in
accordance with its social or business activity, in order to grant a credit or
the monitoring or control of the already granted credits and can not be
transmitted or communicated to thirds, nor copied, duplicated, reproduced nor
implemented to any database , owned or external, or reused it in anyway, direct
or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL
COMPARATIVE
FINANCIAL ELEMENTS
Figures
given in
|
|
31/12/2011 (12) BALANCE SHEET |
% ASSETS |
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
874.858,23 |
79,11 |
869.439,12 |
72,17 |
885.276,96 |
73,93 |
|
B) CURRENT ASSETS |
230.949,94 |
20,89 |
335.259,74 |
27,83 |
312.148,52 |
26,07 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
1.049.939,35 |
94,95 |
1.032.274,35 |
85,69 |
1.016.651,25 |
84,90 |
|
B) NON CURRENT LIABILITIES |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
55.868,82 |
5,05 |
172.424,51 |
14,31 |
180.774,23 |
15,10 |
Profit and loss account analysis
Figures
given in
|
|
31/12/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2009 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
633.005,76 |
|
799.590,78 |
|
684.673,04 |
|
|
GROSS MARGIN |
145.989,22 |
23,06 |
170.792,84 |
21,36 |
172.572,38 |
25,21 |
|
EBITDA |
46.662,89 |
7,37 |
46.851,85 |
5,86 |
59.256,56 |
8,65 |
|
EBIT |
29.912,00 |
4,73 |
30.123,00 |
3,77 |
42.651,00 |
6,23 |
|
NET RESULT |
17.665,00 |
2,79 |
15.623,10 |
1,95 |
26.964,47 |
3,94 |
|
EFFECTIVE TAX RATE (%) |
30,03 |
0,00 |
33,40 |
0,00 |
30,00 |
0,00 |
COMPARATIVE SECTOR ANALYSIS
Values table
Figures
expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
79,11 |
32,58 |
46,54 |
|
A) CURRENT ASSETS |
20,89 |
67,42 |
-46,54 |
|
LIABILITIES |
|||
|
A) NET WORTH |
94,95 |
42,43 |
52,52 |
|
B) NON CURRENT LIABILITIES |
|
15,40 |
|
|
C) CURRENT LIABILITIES |
5,05 |
42,17 |
-37,12 |
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total operating income |
|
|
|
|
SALES |
100,00 |
98,99 |
1,01 |
|
GROSS MARGIN |
23,06 |
46,84 |
-23,78 |
|
EBITDA |
7,37 |
5,16 |
2,21 |
|
EBIT |
4,73 |
2,63 |
2,09 |
|
NET RESULT |
2,79 |
0,96 |
1,83 |
Sector Composition
Compared sector (NACE 2009): 1512
Number of companies: 150
Size (sales figure): 0 - 2,800,000.00 Euros
OTHER DATA FROM THE ANNUAL FINANCIAL REPORT
Results Distribution
Source: annual
financial report 2011
Figures
given in
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
17.665,00 |
Legal Reserve |
1.766,50 |
|
Carry over |
0,00 |
Goodwill reserve |
0,00 |
|
Voluntary reserves |
0,00 |
Special reserves |
0,00 |
|
Other reserves disposable at will |
0,00 |
Voluntary reserves |
15.898,50 |
|
Total of Amounts to be distributed |
17.665,00 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
17.665,00 |
ADDRESSES
Current Legal Seat Address:
CALLE NUESTRA
SEัORA DE GRACIA, 10 - PLT 1 C
29602 MARBELLA
MมLAGA
Previous Seat Address:
CALLE JESUS 22
11600 UBRIQUE
CมDIZ
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
AVENIDA FERNANDO QUIัONES, 3 |
11600 |
UBRIQUE |
Cแdiz |
|
LUGAR FINCA LAS LOMAS (DEHESA PRADO DEL REY) |
11660 |
PRADO DEL REY |
Cแdiz |
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
|
|
|
|
|
|
Distribution of the administration board |
|
|
Governing body : 2 members (latest
change: 04/04/2001) Non-current positions : 1 (latest change: 04/04/2001) |
|
|
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
ADMINISTRATOR |
GALINDO LUQUE, JOSE ANTONIO |
04/04/2001 |
|
ADMINISTRATOR |
GALINDO MORILLO, PEDRO |
04/04/2001 |
|
|
|
|
Board
members remuneration
Source: Annual
financial report 2009
Board members remuneration: 0,00
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
GALINDO MORILLO PEDRO |
|
32,58 |
OWN SOURCES |
13/11/2012 |
|
|
LUQUE GARCIA ANTONIA |
|
31,63 |
MERCANTILE REGISTER |
31/12/2006 |
|
|
GALINDO LUQUE JOSE ANTONIO |
|
25,26 |
OWN SOURCES |
13/11/2012 |
|
|
GALINDO LUQUE PEDRO |
|
10,52 |
MERCANTILE REGISTER |
31/12/2006 |
POTENTIAL LINKS
Search for Link by Administrator
Search
Criterion: JOSE ANTONIO GALINDO LUQUE
|
COMPANY |
POSITION |
PROVINCE |
|
J. P. DIAMONTTI S.L. |
Administrador ฺnico |
MADRID |
|
DAVILETTO DESING SL |
Administrador ฺnico |
MADRID |
|
MARROQUINERIA DINMAR SL |
Socio |
CADIZ |
|
DIAMONT PIEL SL |
Socio |
CADIZ |
In
case you need more information you can request:Board Members Monitoring
BUSINESS INFORMATION
Incorporation date: 20/03/1989
Activity: Leather
industry: travel accesories
NACE 2009 CODE: 1512
NACE 2009 Activity: Manufacture of luggage, handbags and the like, saddlery and harness
Business: A) LA
FABRICACION, COMPRA, DISTRIBUCION, VENTA, IMPORTACION Y EXPORTACION DE TODA
CLASE DE ARTICULOS DE PIEL, SUSTITUTIVOS O SUCEDANEOS. B) LA COMPRAVENTA,
EDIFICACION, MEJORA, ARRENDAMIENTO Y EXPLOTACION DE BIENES INMUE
Activity description: Fabricaci๓n de artํculos de piel
Latest employees figure: 4 (2012)
Employees evolution
|
|
|
|
PURCHASES
Imports from: OTROS
PAISES
El
100% de su cifra de negocio corresponde a venta de mercaderํas.
Banks
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
UNICAJA BANCO, S.A. |
4086 |
AVDA. DE ESPAัA, S/N |
UBRIQUE |
Cแdiz |
LEGAL STRUCTURE
Constitution Data
Register Date: 20/03/1989
Legal form: Limited
Liability Company
Share capital: 570.974,04
Obligation to fill in Financial Statements: YES
Chamber census: YES (2010)
B.O.R.M.E. (OFFICIAL GAZETTE OF THE MERCANTILE REGISTER)
Acts
on activity: 1 (Last: 01/06/2001)
Acts
on administrators: 8 (Last: 04/04/2001, first: 07/08/1991)
Acts
on capital: 1 (Last: 01/06/2001)
Acts
on creation: 0
Acts
on filed accounts: 19 (Last: 02/09/2011, first: 10/09/1993)
Acts
on identification: 5 (Last: 05/09/2008, first: 07/08/1991)
Acts
on Information: 3 (Last: 04/04/2001, first: 02/12/1992)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Annual Filed Accounts (2010) |
02/09/2011 |
420453 |
Mแlaga |
|
Annual Filed Accounts (2009) |
13/09/2010 |
532220 |
Mแlaga |
|
Annual Filed Accounts (2008) |
20/10/2009 |
687597 |
Mแlaga |
|
Annual Filed Accounts (2007) |
12/09/2008 |
508008 |
Cแdiz |
|
Change of registered address |
05/09/2008 |
421582 |
Mแlaga |
|
Annual Filed Accounts (2006) |
21/08/2007 |
292922 |
Cแdiz |
|
Annual Filed Accounts (2005) |
15/09/2006 |
459379 |
Cแdiz |
|
Annual Filed Accounts (2004) |
15/02/2006 |
60646 |
Cแdiz |
|
Change of registered address |
21/12/2004 |
529115 |
Cแdiz |
|
Annual Filed Accounts (2003) |
17/09/2004 |
428959 |
Cแdiz |
FINANCIAL INFORMATION
The
information on the last Individual Filed Accounts contained in this report is
extracted from the Mercantile Register file of the legal address of the Company
and dated 07/09/2012.
SITUATION BALANCE-SHEET
Assets
Figures
given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
874.858,23 |
79,11 |
869.439,12 |
72,17 |
885.276,96 |
73,93 |
|
I. Intangible assets |
30,52 |
0,00 |
71,77 |
0,01 |
113,02 |
0,01 |
|
II. Tangible fixed assets |
870.320,55 |
78,70 |
865.199,56 |
71,82 |
881.386,94 |
73,61 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated
companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
4.507,16 |
0,41 |
4.167,79 |
0,35 |
3.777,00 |
0,32 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
230.949,94 |
20,89 |
335.259,74 |
27,83 |
312.148,52 |
26,07 |
|
I. Stocks |
150.862,90 |
13,64 |
250.912,09 |
20,83 |
257.557,59 |
21,51 |
|
II. Trade Debtors and other receivable accounts |
52.237,92 |
4,72 |
54.215,08 |
4,50 |
39.429,20 |
3,29 |
|
1. Clients |
40.849,44 |
3,69 |
33.788,19 |
2,80 |
26.591,24 |
2,22 |
|
b) Clients for sales and short term services rendering |
40.849,44 |
3,69 |
33.788,19 |
2,80 |
26.591,24 |
2,22 |
|
3. Other debtors |
11.388,48 |
1,03 |
20.426,89 |
1,70 |
12.837,96 |
1,07 |
|
III. Short term investments in associated and affiliated
companies |
|
|
|
|
|
|
|
IV. Short term financial investments |
61,60 |
0,01 |
|
|
642,00 |
0,05 |
|
V. Short term periodifications |
|
|
|
|
|
|
|
VI. Cash and equivalents |
27.787,52 |
2,51 |
30.132,57 |
2,50 |
14.519,73 |
1,21 |
|
TOTAL ASSETS (A + B) |
1.105.808,17 |
100,00 |
1.204.698,86 |
100,00 |
1.197.425,48 |
100,00 |
Net Worth and Liabilities
Figures
given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NET WORTH |
1.049.939,35 |
94,95 |
1.032.274,35 |
85,69 |
1.016.651,25 |
84,90 |
|
A-1) Equity |
1.049.939,35 |
94,95 |
1.032.274,35 |
85,69 |
1.016.651,25 |
84,90 |
|
I. Capital |
570.974,04 |
51,63 |
570.974,04 |
47,40 |
570.974,04 |
47,68 |
|
1. Authorized capital |
570.974,04 |
51,63 |
570.974,04 |
47,40 |
570.974,04 |
47,68 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
461.300,31 |
41,72 |
445.677,21 |
36,99 |
418.712,74 |
34,97 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
17.665,00 |
1,60 |
15.623,10 |
1,30 |
26.964,47 |
2,25 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
|
|
|
|
|
|
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
|
|
|
|
|
|
|
III. Long term debts with associated and affiliated
companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
|
|
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
55.868,82 |
5,05 |
172.424,51 |
14,31 |
180.774,23 |
15,10 |
|
I. Short term provisions |
|
|
|
|
|
|
|
II. Short term debts |
|
|
2.000,46 |
0,17 |
|
|
|
3. Other short term debts |
|
|
2.000,46 |
0,17 |
|
|
|
III. Short term debts with associated and affiliated
companies |
|
|
|
|
|
|
|
IV. Trade creditors and other payable accounts |
55.868,82 |
5,05 |
170.424,05 |
14,15 |
180.774,23 |
15,10 |
|
1. Suppliers |
40.775,24 |
3,69 |
136.423,14 |
11,32 |
151.141,09 |
12,62 |
|
b) Short term suppliers |
40.775,24 |
3,69 |
136.423,14 |
11,32 |
151.141,09 |
12,62 |
|
2. Other creditors |
15.093,58 |
1,36 |
34.000,91 |
2,82 |
29.633,14 |
2,47 |
|
V. Short term periodifications |
|
|
|
|
|
|
|
VI. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
1.105.808,17 |
100,00 |
1.204.698,86 |
100,00 |
1.197.425,48 |
100,00 |
PROFIT AND LOSS ACCOUNT
Figures
given in
|
|
31/12/2011 (12) |
%OPERATING INCOME |
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
633.005,76 |
100,00 |
799.590,78 |
98,62 |
684.673,04 |
100,00 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-487.016,54 |
-76,94 |
-640.017,94 |
-78,94 |
-512.100,66 |
-74,79 |
|
5. Other operating income |
|
|
11.220,00 |
1,38 |
|
|
|
6. Labour cost |
-36.311,04 |
-5,74 |
-34.715,79 |
-4,28 |
-44.854,34 |
-6,55 |
|
7. Other operating costs |
-62.992,23 |
-9,95 |
-86.564,95 |
-10,68 |
-68.575,99 |
-10,02 |
|
8. Amortization of fixed assets |
-16.750,89 |
-2,65 |
-16.728,85 |
-2,06 |
-16.605,56 |
-2,43 |
|
9. Allocation of subventions on non financial investments
and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
|
|
|
|
|
12. Other results |
-23,06 |
0,00 |
-2.660,25 |
-0,33 |
114,51 |
0,02 |
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 +
10 + 11 + 12) |
29.912,00 |
4,73 |
30.123,00 |
3,72 |
42.651,00 |
6,23 |
|
13. Financial income |
9,20 |
0,00 |
9,94 |
0,00 |
4,93 |
0,00 |
|
b) Other financial income |
9,20 |
0,00 |
9,94 |
0,00 |
4,93 |
0,00 |
|
14. Financial expenses |
-4.309,93 |
-0,68 |
-6.574,56 |
-0,81 |
-4.575,87 |
-0,67 |
|
15. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
16. Exchange differences |
-367,50 |
-0,06 |
-113,37 |
-0,01 |
426,75 |
0,06 |
|
17. Deterioration and result for disposal of financial
instruments |
1,83 |
0,00 |
13,83 |
0,00 |
13,86 |
0,00 |
|
18. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (13 + 14 + 15 + 16 + 17 + 18) |
-4.666,40 |
-0,74 |
-6.664,16 |
-0,82 |
-4.130,33 |
-0,60 |
|
C) RESULT BEFORE TAXES (A + B) |
25.245,60 |
3,99 |
23.458,84 |
2,89 |
38.520,67 |
5,63 |
|
19. Taxes on profits |
-7.580,60 |
-1,20 |
-7.835,74 |
-0,97 |
-11.556,20 |
-1,69 |
|
D) EXERCISE RESULT (C + 19) |
17.665,00 |
2,79 |
15.623,10 |
1,93 |
26.964,47 |
3,94 |
NET WORTH CHANGES STATUS
Status of recognized income and expenses
For
the financial statements presented under the SMEs model (PYMES), the Net
Worth Changes Status is formed by a single table. For the rest of the cases
there would be shown the two tables corresponding to the mentioned status with
the exception of the company not having operations reflected in the Status of
recognized income and expenses and that, for this reason, it has no data.
Total net worth changes status
Figures
given in
|
NET WORTH CHANGES ( 1 /2) |
AUTHORIZED CAPITAL |
ISSUE PREMIUM |
RESERVES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
570.974,04 |
3.812,52 |
361.369,50 |
53.530,72 |
|
I. Adjustments by change of criteria in the exercise
(2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
570.974,04 |
3.812,52 |
361.369,50 |
53.530,72 |
|
I. Profit and loss account result |
|
|
|
26.964,47 |
|
II. Recognized income and expenses in net worth |
|
|
|
|
|
III. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
-3.812,52 |
57.343,24 |
-53.530,72 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
570.974,04 |
|
418.712,74 |
26.964,47 |
|
I. Adjustments by change of criteria in the exercise
(2009) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
570.974,04 |
|
418.712,74 |
26.964,47 |
|
I. Profit and loss account result |
|
|
|
15.623,10 |
|
II. Recognized income and expenses in net worth |
|
|
|
|
|
III. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
26.964,47 |
-26.964,47 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
570.974,04 |
|
445.677,21 |
15.623,10 |
|
I. Adjustments by change of criteria in the exercise
(2010) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2010) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
570.974,04 |
|
445.677,21 |
15.623,10 |
|
I. Profit and loss account result |
|
|
|
17.665,00 |
|
II. Recognized income and expenses in net worth |
|
|
|
|
|
III. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
15.623,10 |
-15.623,10 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
570.974,04 |
|
461.300,31 |
17.665,00 |
|
NET WORTH CHANGES ( 2 /2) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
989.686,78 |
|
||
|
I. Adjustments by change of criteria in the exercise
(2008) |
|
|
||
|
II. Adjustments by errors in the exercise (2008) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
989.686,78 |
|
||
|
I. Profit and loss account result |
26.964,47 |
|
||
|
II. Recognized income and expenses in net worth |
|
|
||
|
III. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
1.016.651,25 |
|
||
|
I. Adjustments by change of criteria in the exercise
(2009) |
|
|
||
|
II. Adjustments by errors in the exercise (2009) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
1.016.651,25 |
|
||
|
I. Profit and loss account result |
15.623,10 |
|
||
|
II. Recognized income and expenses in net worth |
|
|
||
|
III. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
1.032.274,35 |
|
||
|
I. Adjustments by change of criteria in the exercise
(2010) |
|
|
||
|
II. Adjustments by errors in the exercise (2010) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
1.032.274,35 |
|
||
|
I. Profit and loss account result |
17.665,00 |
|
||
|
II. Recognized income and expenses in net worth |
|
|
||
|
III. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
1.049.939,35 |
|
||
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
175.081,12 |
7,52 |
162.835,23 |
23,95 |
131.374,29 |
|
Working capital ratio |
0,16 |
14,29 |
0,14 |
27,27 |
0,11 |
|
Soundness Ratio |
1,20 |
0,84 |
1,19 |
3,48 |
1,15 |
|
Average Collection Period (days) |
30 |
22,06 |
24 |
17,24 |
21 |
|
Average Payment Period (days) |
37 |
-56,60 |
85 |
-24,44 |
112 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
413,38 |
112,60 |
194,44 |
12,61 |
172,67 |
|
Quick Ratio (%) |
49,85 |
185,18 |
17,48 |
108,34 |
8,39 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
|
-100,00 |
0,17 |
|
|
|
External Financing Average Cost |
|
-100,00 |
3,29 |
|
|
|
Debt Service Coverage |
|
-100,00 |
0,06 |
|
|
|
Interest Coverage |
6,94 |
51,53 |
4,58 |
-50,86 |
9,32 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
5,44 |
34,32 |
4,05 |
-36,32 |
6,36 |
|
Auto financing generated by Assets (%) |
3,11 |
15,61 |
2,68 |
-26,10 |
3,64 |
|
Breakdown Point |
1,05 |
0,96 |
1,04 |
-2,80 |
1,07 |
|
Average Sales Volume per Employee |
31.650.288,00 |
5.362,47 |
579.413,61 |
12,55 |
514.791,76 |
|
Average Cost per Employee |
1.815.552,00 |
7.117,07 |
25.156,37 |
-25,41 |
33.725,07 |
|
Assets Turnover |
0,57 |
-13,64 |
0,66 |
15,79 |
0,57 |
|
Inventory Turnover (days) |
112 |
-20,92 |
141 |
-22,07 |
181 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
2,70 |
8,40 |
2,50 |
-29,78 |
3,56 |
|
Operating Profitability (%) |
4,22 |
8,48 |
3,89 |
-21,41 |
4,95 |
|
Return on Equity (ROE) (%) |
2,40 |
5,73 |
2,27 |
-40,11 |
3,79 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures
expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
79,11 |
32,58 |
46,54 |
|
A) CURRENT ASSETS |
20,89 |
67,42 |
-46,54 |
|
LIABILITIES |
|||
|
A) NET WORTH |
94,95 |
42,43 |
52,52 |
|
B) NON CURRENT LIABILITIES |
|
15,40 |
|
|
C) CURRENT LIABILITIES |
5,05 |
42,17 |
-37,12 |
|
|
|
|
|
Results Analytical Account
Figures
given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
98,99 |
1,01 |
|
Other operating income |
|
1,01 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-76,94 |
-53,87 |
-23,07 |
|
Variation in stocks of finished goods and work in progress |
|
0,71 |
|
|
GROSS MARGIN |
23,06 |
46,84 |
-23,78 |
|
Other operating costs |
-9,95 |
-16,13 |
6,18 |
|
Labour cost |
-5,74 |
-26,00 |
20,26 |
|
GROSS OPERATING RESULT |
7,38 |
4,71 |
2,67 |
|
Amortization of fixed assets |
-2,65 |
-2,45 |
-0,20 |
|
Deterioration and result for fixed assets disposal |
|
-0,08 |
|
|
Other expenses / income |
|
0,44 |
|
|
NET OPERATING RESULT |
4,73 |
2,63 |
2,10 |
|
Financial result |
-0,74 |
-1,32 |
0,58 |
|
RESULT BEFORE TAX |
3,99 |
1,31 |
2,68 |
|
Taxes on profits |
-1,20 |
-0,35 |
-0,85 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
2,79 |
0,96 |
1,83 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
2,79 |
0,96 |
1,83 |
|
Amortization of fixed assets |
-2,65 |
-2,45 |
-0,20 |
|
Deterioration and provisions variation |
-2,65 |
-0,08 |
-2,57 |
|
|
8,08 |
3,49 |
4,59 |
Main Ratios
Figures
given in
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
175.081,12 |
12.377,43 |
79.234,50 |
246.708,40 |
|
Working capital ratio |
0,16 |
0,04 |
0,24 |
0,46 |
|
Soundness Ratio |
1,20 |
0,58 |
1,69 |
3,58 |
|
Average Collection Period (days) |
30 |
35 |
68 |
118 |
|
Average Payment Period (days) |
37 |
75 |
121 |
172 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
413,38 |
108,25 |
147,70 |
252,33 |
|
Quick Ratio (%) |
49,85 |
6,03 |
20,37 |
57,67 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
|
4,67 |
21,50 |
51,47 |
|
External Financing Average Cost |
|
0,04 |
0,07 |
0,11 |
|
Debt Service Coverage |
|
0,00 |
3,23 |
9,15 |
|
Interest Coverage |
6,94 |
0,86 |
1,48 |
2,98 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
5,44 |
1,43 |
3,21 |
6,01 |
|
Auto financing generated by Assets (%) |
3,11 |
1,43 |
4,18 |
6,40 |
|
Breakdown Point |
1,05 |
1,01 |
1,03 |
1,05 |
|
Average Sales Volume per Employee |
31.650.288,00 |
49.032,56 |
66.967,60 |
119.690,27 |
|
Average Cost per Employee |
1.815.552,00 |
14.741,47 |
19.524,27 |
24.364,20 |
|
Assets Turnover |
0,57 |
0,71 |
1,12 |
1,75 |
|
Inventory Turnover (days) |
112 |
41 |
138 |
376 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
2,70 |
0,96 |
3,40 |
5,92 |
|
Operating Profitability (%) |
4,22 |
2,38 |
6,38 |
9,57 |
|
Return on Equity (ROE) (%) |
2,40 |
0,46 |
5,94 |
10,65 |
ADDITIONAL INFORMATION
---
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.96 |
|
|
1 |
Rs.87.49 |
|
Euro |
1 |
Rs.70.15 |
INFORMATION DETAILS
|
Report Prepared
by : |
PDT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.