MIRA INFORM REPORT
|
Report Date : |
19.10.2012 |
IDENTIFICATION DETAILS
|
Name : |
PINTER SA |
|
|
|
|
Registered Office : |
Carretera Manresa (Santpedor - Km 4,6)
08251 Santpedor Barcelona |
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
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|
|
Date of Incorporation : |
|
|
|
|
|
Legal Form : |
Joint-stock Company |
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|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
25 employees |
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 |
Company
name
PINTER SA
CIF/NIF: A08354565
Company situation: Active
Answer to the data
in your request
Other Complementary Information
The other data include in your enquiry (Address, telephone number and
fax) are correct.
Business Name
The correct registered name is the one indicated in this report (PINTER
SA) and not the one mentioned in your request (PRINTER SA).
Concerning your request: BRANDS: PINTER. ACTIVITY: MANUFACTURE OF
MACHINERY FOR TEXTIL (YARN FACTURING). PRODUCTS: CORE YARN; FANCY YARN;
DUO YARN and MERLIN.
EXECUTIVE
SUMMARY
Identification
Current Business Name: PINTER SA
Other names: YES
Current Address: CARRETERA MANRESA (SANTPEDOR -
KM 4,6)
Branches: 1
Telephone number: 938272727 Fax: 938272625
URL: www.pintersa.com
Corporate e-mail: pinter@pintersa.com
Trade Risk
Incidents: NO
R.A.I.: NO
Financial Information
Balance sheet latest sales (2011): 7.741.264,91 (Mercantile Register)
Result: 100.931,06
Total Assets: 5.158.788,69
Share capital: 150.099,75
Employees: 25
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 16/08/1974
Activity: Wholesale of textile machinery
NACE 2009 CODE: 4664
International Operations: Exports
Corporate Structure
Sole Administrator:
Participations: 2
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 23/01/2012 Appointments
Latest press article: 24/01/2007 LA VANGUARDIA (LEGAL
ANNOUNCEMENTS)
Bank Entities: There are
The date when this report was last updated is 17/10/2012.
The information contained in this report has been investigated and
contrasted on 17/10/2012
Financial situation
|
Exercise:2011 |
Evolution |
|||
|
Treasury |
|
Excellent |
|
|
|
Indebtedness |
|
Slight |
|
|
|
Profitability |
|
Average |
|
|
|
Balance |
|
Excellent |
|
|
Performance
|
Incidents |
|
None or Negligible |
|
Business
Trajectory |
|
Superior |
Rating Explanation
Financial situation
The companys financial situation is normal.
The companys financial situation evolution has
been negative.
The sales evolution has been positive
not the results one, which has been negative.
The auditors opinion about the latest accounts has
been favourable with reservations.
Company Structure
The companys capitalization degree determines that
its structure is normal.
The companys size is medium 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 |
|
17/09/2012 |
Reduction |
15 |
New financial statements have been uploaded. |
INCIDENTS 
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
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
11/10/2012 08:10:39
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 |
1.141.651,42 |
22,13 |
1.138.831,16 |
24,75 |
1.165.147,91 |
29,23 |
|
B) CURRENT ASSETS |
4.017.137,27 |
77,87 |
3.462.376,42 |
75,25 |
2.820.487,19 |
70,77 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
2.456.189,66 |
47,61 |
2.505.258,60 |
54,45 |
2.317.310,43 |
58,14 |
|
B) NON CURRENT LIABILITIES |
17.012,77 |
0,33 |
54.858,08 |
1,19 |
154.821,87 |
3,88 |
|
C) CURRENT LIABILITIES |
2.685.586,26 |
52,06 |
2.041.090,90 |
44,36 |
1.513.502,80 |
37,97 |
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 |
7.741.264,91 |
|
6.887.092,93 |
|
4.391.408,39 |
|
|
GROSS MARGIN |
2.618.010,54 |
33,82 |
2.696.371,34 |
39,15 |
1.931.244,85 |
43,98 |
|
EBITDA |
305.966,82 |
3,95 |
438.824,63 |
6,37 |
209.131,55 |
4,76 |
|
EBIT |
186.679,45 |
2,41 |
334.472,29 |
4,86 |
115.616,77 |
2,63 |
|
NET RESULT |
100.931,06 |
1,30 |
187.948,18 |
2,73 |
46.324,76 |
1,05 |
|
EFFECTIVE TAX RATE (%) |
25,00 |
0,00 |
27,69 |
0,00 |
25,00 |
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 |
22,13 |
27,40 |
-5,27 |
|
|
|
|
|
A) CURRENT ASSETS |
77,87 |
72,60 |
5,27 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|||
|
A) NET WORTH |
47,61 |
43,36 |
4,26 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
0,33 |
17,90 |
-17,57 |
|
|
|
|
|
C) CURRENT LIABILITIES |
52,06 |
38,74 |
13,31 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
|
|
|
|
SALES |
100,00 |
99,28 |
0,72 |
|
|
|
|
|
GROSS MARGIN |
33,82 |
39,11 |
-5,29 |
|
|
|
|
|
EBITDA |
3,95 |
1,60 |
2,35 |
|
|
|
|
|
EBIT |
2,41 |
-1,14 |
3,56 |
|
|
|
|
|
NET RESULT |
1,30 |
-2,30 |
3,61 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 4664
Number of companies: 39
Size (sales figure): All companies
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 |
100.931,05 |
Legal Reserve |
0,00 |
|
Carry over |
0,00 |
Goodwill reserve |
0,00 |
|
Voluntary reserves |
0,00 |
Special reserves |
0,00 |
|
Other reserves disposable at will |
0,00 |
Voluntary reserves |
931,05 |
|
Total of Amounts to be distributed |
100.931,05 |
Dividends |
100.000,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
100.931,05 |
Auditing
Source: filing of annual financial statement 2011
Auditors opinion: FAVOURABLE WITH RESERVATIONS
Auditor: PUIGDELLIVOL PRAT JOSEP
Auditing exceptions:
En la cuenta de Existencias del epνgrafe B) II.1 del activo del Balance
figura un importe de 510.875,60 que corresonde a material obsoleto
correspondiente a piezas y fabricaciones antiguas no servidas de dudosa
recuperaciσn, la compaρνa no ha realizado ninguna correcciσn por deterioro de
las existencias. Si bien la empresa realiza ventas de recambios para
fabricaciones antiguas de las mαquinas en funcionamiento vendidas hasta la
fecha, y puede aplicar y reutilizar parte de este material para nuevas
fabricaciones, de la informaciσn disponible y facilitada por la compaρνa no me
es posible determinar ni asegurar el grado dde recuperaciσn de las mismas.
A 31 de diciembre de 2010 y 2011 la compaρνa, tiene reflejado en la
cuenta de Gastos Anticipados (a imputar en ejercicios posteriores), un importe
de 106.813.45 , en concepto de indemnizaciones satisfechas por bajas de
personal directivo producidas en los aρos 2008 y 2009. Se trata por lo tanto de
gastos de personal devengados hasta 2009 y no reflejados en la Cuenta de
Pιrdidas y Ganancias, en consecuencia las cuentas de Gastos Anticipados y de
Reservas Voluntarias estαn sobrevaloradas en este importe mencionado y
deberνan ajustarse los apνgrfes B VI Periodificaciones a corto plazo, del
activo del Balance y A) III.2 Otras Reservas, del Patrimonio Neto del
Balance.
Auditing fees: 6.202,15
Facts subsequent
to the closing
Source: Annual financial report 2011
After the closure no relevant facts requiring their inclusion in the
annual accounts have taken place.
company ADDRESSES
Current Legal Seat Address:
CARRETERA MANRESA (SANTPEDOR - KM 4,6)
08251 SANTPEDOR BARCELONA
Previous Seat Address:
CARRETERA MANRESA S/N
08251 SANTPEDOR
BARCELONA
Characteristics of
the current address
Type of establishment: store
Owners: rented
Local Situation: secondary
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
APARTADO DE CORREOS 151 |
08248 |
MANRESA |
Barcelona |
There are 1 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
02/04/2009)
Other Positions : 3 (latest change: 11/01/2012)
Auditor : 2 (latest change: 11/01/2012)
Operative Board Members : 4 (latest change: 13/01/2012)
Non-current positions : 19 (latest change: 02/04/2009)
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
SERRA TELLA, ADRIA |
02/04/2009 |
|
|
|
|
Other Positions
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
OTHER |
TRULLAS FLOTATS, JOSEP |
11/01/2012 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
TRULLAS FLOTATS, JOSEP |
18/01/2008 |
|
AUDITOR |
PUIGDELLIVOL PRAT, JOSEP |
11/01/2012 |
There are 6 board members, directors and auditors registered
Board members remuneration
Source: Annual
financial report 2011
Board
members remuneration: 43.289,26
|
POSITION |
NAME AND SURNAME |
|
General Manager |
SERRA, ADRIA |
|
Financial Manager |
VALL, PERE |
|
Commercial Director |
VALL, PERE |
|
Exports Director |
VALL, PERE |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
RODO VIDAL HOLDING SL |
B63399935 |
Indef. |
OWN SOURCES |
19/09/2011 |
There are 1 direct financial links through shareholders
registered
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
PUGARNAU UBACH ROSA |
|
45,00 |
OWN SOURCES |
12/01/2007 |
|
|
RODO PUIGORIOL ENRIQUE |
|
34,00 |
B.O.R.M.E. |
12/06/2007 |
|
|
VIDAL MASSUET GLORIA |
|
16,00 |
B.O.R.M.E. |
12/06/2007 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
BP EXPORT IMPORT SL |
B58500356 |
98,00 |
OWN SOURCES |
25/01/2008 |
|
|
PROJECTES TERRITORIALS DEL BAGES SA |
A62854856 |
22,00 |
MERCANTILE REGISTER |
31/12/2011 |
There are 2 direct financial links through participations
registered
Company with
rating inferior to 7
POTENTIAL LINKS
Search for Link by
Administrator
Search Criterion: ADRIA SERRA TELLA
|
COMPANY |
POSITION |
PROVINCE |
|
SPINNING WHEEL SL |
Administrador Ϊnico |
BARCELONA |
|
GRUPO INTERSERVIS SL |
Administrador Ϊnico |
BARCELONA |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: PINTER SA
URL: www.pintersa.com
Pinter SA find your way Spain. Design and manufacture of
accessories, sensors, software and specialty equipment for improving the
efficiency of open-end yarn spinning, roving and ...
BUSINESS INFORMATION
Incorporation date: 16/08/1974
Establishment date: 01/01/1974
Founders Name: LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO
Activity: Wholesale of textile machinery
NACE 2009 CODE: 4664
NACE 2009 Activity: Wholesale of machinery for the textile
industry and of sewing and knitting machines
Business: COMERCIO MAYOR DE MAQUINARIA TEXTIL.
Activity description: Comercio al mayor de maquinaria para
producciσn de hilo.
Latest employees figure: 25 (2012)
% of fixed employees: 85,71%
% of temporary employees: 14,29%
% of men: 83,33%
% of women: 16,67%
Employees
evolution
|
|
|
|
Source: Annual financial report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Senior management |
1 |
1 |
|
|
Administrative employees |
5 |
1 |
4 |
|
Other qualified employees |
15 |
18 |
|
PURCHASES
National Distribution: 100%
SALES
Export Percentage: 96%
Exports to: EXTRACOMUNITARIAS
National Distribution: 4%
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO SANTANDER, S.A. |
2498 |
CL BORNE 36 APDO. 00010 |
MANRESA |
Barcelona |
|
CAIXABANK, S.A. |
|
|
MANRESA |
|
|
BANCO DE SABADELL, S.A. |
|
|
MANRESA |
|
|
DEUTSCHE BANK, S.A.E. |
|
|
MANRESA |
|
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
|
|
MANRESA |
|
There are 5 bank entities registered
Discount facilities: 1
Credit policy: 1
Mortgage loan: 0
Loans with no real security: 1
|
|
|
|
Debt type: Credit policy |
Granted limit:300.000,00 Used limit:0,00 Available limit:300.000,00
Source: Filed
Accounts (2011) |
|
|
|
|
Debt type: Discount facilities |
Granted limit:1.300.000,00 Used limit:0,00 Available limit:1.300.000,00
Source: Filed
Accounts (2011) |
|
|
|
|
Debt type: Loans with no
real security |
Total outstanding amount:31.949,71 Source: Filed
Accounts (2011) |
|
Operation description: Vencimiento en 2012. |
|
|
|
|
There are 3 bank operations registered
Grants
|
|
|
|
Grant type: To technology and innovation (IT, R&D, etc) |
Nominal amount: 10.000,00 Source: Filed
Accounts (2011) |
|
Operation description: proyecto de investigacion |
|
|
|
|
There are 1 grants registered
Brand name: PINTER SA (Valid)
Type: JOINT Scope: NATIONAL Date: 01/05/1990
There are 2 brands, signs and commercial names
LEGAL STRUCTURE
Constitution Data
Register Date: 16/08/1974
Legal form: Joint-stock Company
Share capital: 150.099,75
Paid-up capital: 150.099,75
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: 0
Acts on administrators: 27 (Last: 23/01/2012, first:
28/08/1992)
Acts on capital: 5 (Last: 12/06/2007, first:
28/08/1992)
Acts on creation: 0
Acts on filed accounts: 22 (Last: 19/08/2011, first:
30/11/1990)
Acts on identification: 0
Acts on Information: 8 (Last: 02/04/2009, first:
28/08/1992)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Appointments |
23/01/2012 |
29803 |
Barcelona |
|
Annual Filed Accounts (2010) |
19/08/2011 |
320117 |
Barcelona |
|
Annual Filed Accounts (2009) |
25/08/2010 |
371311 |
Barcelona |
|
Annual Filed Accounts (2008) |
20/11/2009 |
909126 |
Barcelona |
|
Other concepts |
02/04/2009 |
161750 |
Barcelona |
|
Appointments |
02/04/2009 |
161750 |
Barcelona |
|
Resignations |
02/04/2009 |
161750 |
Barcelona |
|
Annual Filed Accounts (2007) |
29/10/2008 |
992512 |
Barcelona |
|
Appointments |
02/06/2008 |
272738 |
Barcelona |
|
Appointments |
02/06/2008 |
272737 |
Barcelona |
There are 62 acts registered
PRESS ARTICLES
Press summary by
type of information (last five years)
Legal notices: 1 (Last: 24/01/2007)
Structural Data: 0
Informative data: 0
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 0
Latest press
article published
24/01/2007 LA VANGUARDIA - LEGAL ANNOUNCEMENTS
LA JUNTA GRAL. EXTRAORDINARIA Y UNIVERSAL DE ACCIONISTAS DE ESTA SDAD.,
CELEBRADA EL 22/12/06, ACORDO REDUCIR EL CAPITAL SOCIAL EN 150.400,25 EUROS,
FIJANDOSE EL CAPITAL EN LA SUMA DE 150.099,75 EUROS.
There are 1 press articles registered for this company
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 15/09/2012.
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 |
1.141.651,42 |
22,13 |
1.138.831,16 |
24,75 |
1.165.147,91 |
29,23 |
|
I. Intangible assets |
40.216,42 |
0,78 |
33.600,07 |
0,73 |
30.020,07 |
0,75 |
|
3. Patents, licences , trademarks and similars |
18.131,04 |
0,35 |
|
|
|
|
|
6. Investigation |
22.085,38 |
0,43 |
|
|
|
|
|
II. Tangible fixed assets |
1.007.631,92 |
19,53 |
999.916,07 |
21,73 |
1.008.840,90 |
25,31 |
|
1. Property, plant and equipment |
560.728,33 |
10,87 |
|
|
|
|
|
2. Technical fittings and other tangible assets |
446.903,59 |
8,66 |
|
|
|
|
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
4.118,00 |
0,08 |
4.065,00 |
0,09 |
|
|
|
1. Net worth instruments |
4.118,00 |
0,08 |
|
|
|
|
|
V. Long Term Financial Investments |
57.390,60 |
1,11 |
57.180,25 |
1,24 |
57.030,00 |
1,43 |
|
1. Net worth instruments |
57.030,00 |
1,11 |
|
|
|
|
|
5. Other financial assets |
360,60 |
0,01 |
|
|
|
|
|
VI. Assets by deferred taxes |
32.294,48 |
0,63 |
44.069,77 |
0,96 |
69.256,94 |
1,74 |
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
4.017.137,27 |
77,87 |
3.462.376,42 |
75,25 |
2.820.487,19 |
70,77 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
2.276.100,92 |
44,12 |
1.548.755,40 |
33,66 |
1.237.234,26 |
31,04 |
|
1. Goods available for sale |
2.276.100,92 |
44,12 |
|
|
|
|
|
III. Trade Debtors and other receivable accounts |
1.275.487,66 |
24,72 |
1.125.598,82 |
24,46 |
1.310.491,47 |
32,88 |
|
1. Clients |
1.056.120,73 |
20,47 |
|
|
|
|
|
b) Clients for sales and short term services
rendering |
1.056.120,73 |
20,47 |
|
|
|
|
|
6. Other credits with the Public Administrations |
219.366,93 |
4,25 |
|
|
|
|
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
30.000,00 |
0,58 |
110.000,00 |
2,39 |
|
|
|
3. Debt representative values |
30.000,00 |
0,58 |
|
|
|
|
|
VI. Short term periodifications |
106.813,45 |
2,07 |
106.813,45 |
2,32 |
173.100,10 |
4,34 |
|
VII. Cash and equivalents |
328.735,24 |
6,37 |
571.208,75 |
12,41 |
99.661,36 |
2,50 |
|
1. Treasury |
328.735,24 |
6,37 |
|
|
|
|
|
TOTAL ASSETS (A + B) |
5.158.788,69 |
100,00 |
4.601.207,58 |
100,00 |
3.985.635,10 |
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 |
2.456.189,66 |
47,61 |
2.505.258,60 |
54,45 |
2.317.310,43 |
58,14 |
|
A-1) Equity |
2.446.189,66 |
47,42 |
2.495.258,60 |
54,23 |
2.307.310,43 |
57,89 |
|
I. Capital |
150.099,75 |
2,91 |
150.099,75 |
3,26 |
150.099,75 |
3,77 |
|
1. Authorized capital |
150.099,75 |
2,91 |
150.099,75 |
3,26 |
150.099,75 |
3,77 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
2.195.158,85 |
42,55 |
2.157.210,67 |
46,88 |
2.110.885,92 |
52,96 |
|
1. Legal and statutory |
60.101,21 |
1,17 |
|
|
|
|
|
2. Other funds |
2.135.057,64 |
41,39 |
|
|
|
|
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
100.931,06 |
1,96 |
187.948,18 |
4,08 |
46.324,76 |
1,16 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
I. Financial assets available for sale |
|
|
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
|
|
IV. Conversion differences |
|
|
|
|
|
|
|
V. Other |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
10.000,00 |
0,19 |
10.000,00 |
0,22 |
10.000,00 |
0,25 |
|
B) NON CURRENT LIABILITIES |
17.012,77 |
0,33 |
54.858,08 |
1,19 |
154.821,87 |
3,88 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
17.012,77 |
0,33 |
54.858,08 |
1,19 |
154.821,87 |
3,88 |
|
3. Financial leasing creditors |
10.201,16 |
0,20 |
|
|
|
|
|
5. Other financial liabilities |
6.811,61 |
0,13 |
|
|
|
|
|
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 |
2.685.586,26 |
52,06 |
2.041.090,90 |
44,36 |
1.513.502,80 |
37,97 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
55.152,51 |
1,07 |
249.180,02 |
5,42 |
165.159,79 |
4,14 |
|
2. Debts with bank entities |
31.949,71 |
0,62 |
|
|
|
|
|
5. Other financial liabilities |
23.202,80 |
0,45 |
|
|
|
|
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
2.630.433,75 |
50,99 |
1.791.910,88 |
38,94 |
1.348.343,01 |
33,83 |
|
1. Suppliers |
2.160.087,69 |
41,87 |
|
|
|
|
|
b) Short term suppliers |
2.160.087,69 |
41,87 |
|
|
|
|
|
2. Suppliers group and associated companies |
5.225,00 |
0,10 |
|
|
|
|
|
3. Different creditors |
98.048,58 |
1,90 |
|
|
|
|
|
4. Staff (pending remunerations) |
362,70 |
0,01 |
|
|
|
|
|
6. Other debts with Public Administrations |
34.632,13 |
0,67 |
|
|
|
|
|
7. Clients pre-payments |
332.077,65 |
6,44 |
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
5.158.788,69 |
100,00 |
4.601.207,58 |
100,00 |
3.985.635,10 |
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 |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
7.741.264,91 |
100,00 |
6.887.092,93 |
99,97 |
4.391.408,39 |
99,51 |
|
A) Sales |
7.494.138,83 |
96,81 |
|
|
|
|
|
b) Services provided |
247.126,08 |
3,19 |
|
|
|
|
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
10.020,00 |
0,23 |
|
4. Supplies |
-5.123.254,37 |
-66,18 |
-4.193.071,08 |
-60,86 |
-2.481.584,10 |
-56,24 |
|
a) Material consumed |
-4.956.690,61 |
-64,03 |
|
|
|
|
|
b) Raw materials consumed |
-50.386,63 |
-0,65 |
|
|
|
|
|
c) Works carried out for other companies |
-116.177,13 |
-1,50 |
|
|
|
|
|
5. Other operating income |
|
|
2.349,49 |
0,03 |
11.400,56 |
0,26 |
|
6. Labour cost |
-894.036,53 |
-11,55 |
-782.245,31 |
-11,35 |
-719.463,64 |
-16,30 |
|
a) Wages and similar expenses |
-712.449,61 |
-9,20 |
|
|
|
|
|
b) Social costs |
-181.586,92 |
-2,35 |
|
|
|
|
|
7. Other operating costs |
-1.418.396,91 |
-18,32 |
-1.476.509,80 |
-21,43 |
-1.002.649,66 |
-22,72 |
|
a) External services |
-1.411.714,80 |
-18,24 |
|
|
|
|
|
b) Taxes |
-6.682,11 |
-0,09 |
|
|
|
|
|
8. Amortization of fixed assets |
-119.287,37 |
-1,54 |
-104.352,34 |
-1,51 |
-93.514,78 |
-2,12 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
|
|
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
389,72 |
0,01 |
1.208,40 |
0,02 |
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
186.679,45 |
2,41 |
334.472,29 |
4,85 |
115.616,77 |
2,62 |
|
14. Financial income |
21.820,36 |
0,28 |
10.115,85 |
0,15 |
10.502,70 |
0,24 |
|
b) From negotiable values and other financial instruments |
21.820,36 |
0,28 |
|
|
|
|
|
b 2) From third parties |
21.820,36 |
0,28 |
|
|
|
|
|
15. Financial expenses |
-63.195,17 |
-0,82 |
-71.471,73 |
-1,04 |
-57.375,49 |
-1,30 |
|
b) For debts with third parties |
-63.195,17 |
-0,82 |
|
|
|
|
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
-10.729,90 |
-0,14 |
-13.204,89 |
-0,19 |
-6.977,63 |
-0,16 |
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-52.104,71 |
-0,67 |
-74.560,77 |
-1,08 |
-53.850,42 |
-1,22 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
134.574,74 |
1,74 |
259.911,52 |
3,77 |
61.766,35 |
1,40 |
|
20. Taxes on profits |
-33.643,68 |
-0,43 |
-71.963,34 |
-1,04 |
-15.441,59 |
-0,35 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
100.931,06 |
1,30 |
|
|
|
|
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
100.931,06 |
1,30 |
187.948,18 |
2,73 |
46.324,76 |
1,05 |
NET WORTH CHANGES
STATUS
Status of
recognized income and expenses
Figures given in
|
NET WORTH CHANGES (1/3) |
31/12/2011 (12) |
31/12/2010 (12) |
31/12/2009 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
100.931,06 |
|
|
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
I. For valuation of financial instruments |
|
|
|
|
II. Cash flow coverage |
|
|
|
|
III. Received legacies, grants and subventions |
|
|
|
|
IV. For actuarial profits and losses and other adjustments |
|
|
|
|
V. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
VI. Conversion differences |
|
|
|
|
VII. Tax effect |
|
|
|
|
B) TOTAL INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH (I + II +
III + IV +V+VI+VII) |
|
|
|
|
PROFIT AND LOSS ACCOUNT TRANSFERS |
|
|
|
|
VIII. For valuation of financial instruments |
|
|
|
|
IX. Cash flow coverage |
|
|
|
|
X. Received legacies, grants and subventions |
|
|
|
|
XI. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
XII. Conversion differences |
|
|
|
|
XIII. Tax effect |
|
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT AND LOSS ACCOUNT (VIII + IX + X + XI+
XII+ XIII) |
|
|
|
|
TOTAL INCOME AND EXPENSES RECOGNIZED (A + B + C) |
100.931,06 |
|
|
Total net worth
changes status
Figures given in
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
EXERCISE RESULT |
RECEIVED LEGACIES, GRANTS AND SUBVENTIONS |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
150.099,75 |
2.060.599,85 |
50.286,08 |
|
|
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) |
150.099,75 |
2.060.599,85 |
50.286,08 |
|
|
I. Total recognized income and expenses |
|
|
46.324,76 |
10.000,00 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
50.286,07 |
-50.286,08 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
150.099,75 |
2.110.885,92 |
46.324,76 |
10.000,00 |
|
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) |
150.099,75 |
2.110.885,92 |
46.324,76 |
10.000,00 |
|
I. Total recognized income and expenses |
|
|
187.948,18 |
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
46.324,75 |
-46.324,76 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
150.099,75 |
2.157.210,67 |
187.948,18 |
10.000,00 |
|
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) |
150.099,75 |
2.157.210,67 |
187.948,18 |
10.000,00 |
|
I. Total recognized income and expenses |
|
|
100.931,06 |
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
37.948,18 |
-187.948,18 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
150.099,75 |
2.195.158,85 |
100.931,06 |
10.000,00 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
2.260.985,68 |
|
||
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
||
|
II. Adjustments by errors in the exercise (2008) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
2.260.985,68 |
|
||
|
I. Total recognized income and expenses |
56.324,76 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
-0,01 |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
2.317.310,43 |
|
||
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
||
|
II. Adjustments by errors in the exercise (2009) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
2.317.310,43 |
|
||
|
I. Total recognized income and expenses |
187.948,18 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
-0,01 |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
2.505.258,60 |
|
||
|
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) |
2.505.258,60 |
|
||
|
I. Total recognized income and expenses |
100.931,06 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
-150.000,00 |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
2.456.189,66 |
|
||
CASH FLOW STATUS
Figures given in
|
|
31/12/2011 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
1. exercise result before taxes |
134.574,74 |
|
2. Results adjustments |
160.662,18 |
|
a) Amortization of fixed assets (+) |
119.287,37 |
|
g) Financial income (-) |
-21.820,36 |
|
f) Financial expenses (+) |
63.195,17 |
|
3. Changes in current capital |
-38.711,49 |
|
a) Stocks (+/-) |
-727.345,52 |
|
b) Debtors and other receivable accounts (+/-) |
-149.888,84 |
|
d) Creditors and other payable accounts (+/-) |
838.522,87 |
|
4. Other cash flow coming from operating activities |
-63.243,20 |
|
a) Interests payments (-) |
-63.195,17 |
|
c) Interests collections (+) |
21.820,36 |
|
d) Collections (payments) for profit tax (+/-) |
-21.868,39 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
193.282,23 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
6. Investment payments (-) |
-163.882,92 |
|
a) Group and associated companies |
-53,00 |
|
b) Intangible assets |
-6.616,35 |
|
c) Tangible assets |
-127.003,22 |
|
e) Other financial assets |
-30.210,35 |
|
7. Disinvestment collections (+) |
110.000,00 |
|
b) Intangible assets |
110.000,00 |
|
8. Cash Flow in investment activities (6 + 7) |
-53.882,92 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
9. Net worth instruments collections and payments |
|
|
10. Financial liabilities instruments collections and payments |
-231.872,82 |
|
a) Issue |
1.957.332,03 |
|
2. Debts with bank entities (+) |
1.912.859,42 |
|
5. Other debts (+) |
44.472,61 |
|
b) Return and amortization of |
-2.189.204,85 |
|
2. Debts with bank entities (-) |
-2.146.291,20 |
|
5. Other debts (-) |
-42.913,65 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
-150.000,00 |
|
a) Dividends (-) |
-150.000,00 |
|
12. Cash Flow in financing activities (9 + 10 + 11) |
-381.872,82 |
|
D) Exchange rate variations effect |
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
-242.473,51 |
|
Cash or equivalents at the beginning of the exercise |
571.208,75 |
|
Cash or equivalents at the end of the exercise |
328.735,24 |
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
1.331.551,01 |
-6,31 |
1.421.285,52 |
8,75 |
1.306.984,39 |
|
Working capital ratio |
0,26 |
-16,13 |
0,31 |
-6,06 |
0,33 |
|
Soundness Ratio |
2,14 |
-2,28 |
2,19 |
10,61 |
1,98 |
|
Average Collection Period (days) |
59 |
1,23 |
59 |
-45,30 |
107 |
|
Average Payment Period (days) |
145 |
27,22 |
114 |
-18,35 |
139 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
149,58 |
-11,82 |
169,63 |
-8,98 |
186,36 |
|
Quick Ratio (%) |
13,36 |
-59,98 |
33,38 |
406,53 |
6,58 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
1,40 |
-78,82 |
6,61 |
-17,68 |
8,03 |
|
External Financing Average Cost |
0,88 |
266,67 |
0,24 |
33,33 |
0,18 |
|
Debt Service Coverage |
0,37 |
-64,42 |
1,04 |
-54,59 |
2,29 |
|
Interest Coverage |
2,95 |
-36,97 |
4,68 |
131,68 |
2,02 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
2,50 |
-41,04 |
4,24 |
33,33 |
3,18 |
|
Auto financing generated by Assets (%) |
3,75 |
-40,94 |
6,35 |
80,91 |
3,51 |
|
Breakdown Point |
1,02 |
-2,86 |
1,05 |
1,94 |
1,03 |
|
Average Sales Volume per Employee |
369.864,54 |
-0,59 |
372.074,17 |
41,58 |
262.801,22 |
|
Average Cost per Employee |
42.715,55 |
1,08 |
42.260,69 |
-1,85 |
43.055,87 |
|
Assets Turnover |
1,50 |
0,00 |
1,50 |
36,36 |
1,10 |
|
Inventory Turnover (days) |
160 |
20,33 |
133 |
-26,05 |
180 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
3,62 |
-50,21 |
7,27 |
150,69 |
2,90 |
|
Operating Profitability (%) |
5,93 |
-37,84 |
9,54 |
81,71 |
5,25 |
|
Return on Equity (ROE) (%) |
5,50 |
-47,22 |
10,42 |
288,81 |
2,68 |
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 |
22,13 |
27,40 |
-5,27 |
|
A) CURRENT ASSETS |
77,87 |
72,60 |
5,27 |
|
LIABILITIES |
|||
|
A) NET WORTH |
47,61 |
43,36 |
4,26 |
|
B) NON CURRENT LIABILITIES |
0,33 |
17,90 |
-17,57 |
|
C) CURRENT LIABILITIES |
52,06 |
38,74 |
13,31 |
|
|
|
|
|
Results Analytical
Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
99,28 |
0,72 |
|
Other operating income |
|
0,72 |
|
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-66,18 |
-59,91 |
-6,27 |
|
Variation in stocks of finished goods and work in progress |
|
-0,98 |
|
|
GROSS MARGIN |
33,82 |
39,11 |
-5,29 |
|
Other operating costs |
-18,32 |
-17,50 |
-0,82 |
|
Labour cost |
-11,55 |
-19,89 |
8,34 |
|
GROSS OPERATING RESULT |
3,95 |
1,71 |
2,24 |
|
Amortization of fixed assets |
-1,54 |
-2,22 |
0,68 |
|
Deterioration and result for fixed assets disposal |
|
-0,74 |
|
|
Other expenses / income |
|
0,11 |
|
|
NET OPERATING RESULT |
2,41 |
-1,14 |
3,56 |
|
Financial result |
-0,67 |
-1,13 |
0,46 |
|
RESULT BEFORE TAX |
1,74 |
-2,28 |
4,02 |
|
Taxes on profits |
-0,43 |
-0,02 |
-0,40 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,30 |
-2,30 |
3,60 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
1,30 |
-2,30 |
3,60 |
|
Amortization of fixed assets |
-1,54 |
-2,22 |
0,68 |
|
Deterioration and provisions variation |
-1,54 |
-0,53 |
-1,01 |
|
|
4,39 |
0,45 |
3,94 |
Main Ratios
Figures given in
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
1.331.551,01 |
16.026,04 |
46.110,77 |
267.295,95 |
|
Working capital ratio |
0,26 |
0,05 |
0,28 |
0,43 |
|
Soundness Ratio |
2,14 |
0,82 |
1,43 |
2,79 |
|
Average Collection Period (days) |
59 |
32 |
68 |
107 |
|
Average Payment Period (days) |
145 |
84 |
123 |
183 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
149,58 |
107,63 |
162,44 |
236,05 |
|
Quick Ratio (%) |
13,36 |
6,58 |
25,14 |
66,23 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
1,40 |
6,91 |
19,16 |
41,29 |
|
External Financing Average Cost |
0,88 |
0,01 |
0,04 |
0,12 |
|
Debt Service Coverage |
0,37 |
-0,32 |
2,29 |
11,56 |
|
Interest Coverage |
2,95 |
-2,03 |
1,52 |
5,45 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
2,50 |
-0,78 |
2,29 |
4,82 |
|
Auto financing generated by Assets (%) |
3,75 |
-0,91 |
3,04 |
4,68 |
|
Breakdown Point |
1,02 |
0,97 |
1,01 |
1,03 |
|
Average Sales Volume per Employee |
369.864,54 |
72.133,93 |
106.156,89 |
150.442,37 |
|
Average Cost per Employee |
42.715,55 |
18.659,22 |
24.621,40 |
34.241,28 |
|
Assets Turnover |
1,50 |
0,69 |
1,04 |
1,38 |
|
Inventory Turnover (days) |
160 |
68 |
166 |
321 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
3,62 |
-2,50 |
1,88 |
3,27 |
|
Operating Profitability (%) |
5,93 |
-0,20 |
3,32 |
6,50 |
|
Return on Equity (ROE) (%) |
5,50 |
-7,44 |
2,68 |
5,88 |
ADDITIONAL INFORMATION
Consulted Sources
Central Mercantile Register
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
Titular.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.96 |
|
UK Pound |
1 |
Rs.85.45 |
|
Euro |
1 |
Rs.69.46 |
INFORMATION DETAILS
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess
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.