MIRA INFORM REPORT

Report Date :

24.04.2013

IDENTIFICATION DETAILS

Name :	PETIT SAS
Registered Office :	Rte De Clermont, 60360 Crevecoeur Le Grand
Country :	France
Financials (as on) :	31.08.2011
Date of Incorporation :	January 1959
Com. Reg. No.:	RCS Beauvais 5 525 920 773
Legal Form :	Simplified Joint Stock Company
Line of Business :	Sawmilling and planing of wood, impregnation out
No. of Employees :	10 to 19 employees

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	Unknown
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 30^th, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
France	A2	A2

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

france ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.5% of GDP in 2012, while France's public debt rose from 68% of GDP to 89% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows.

Source : CIA

Company summary

Name

PETIT SAS

SIRET

525 920 773 00013

		EUR VAT Number	FR04525920773
Activity (APE)	Sciage et rabotage du bois, hors impregnation (1610A) (Sawmilling and planing of wood, impregnation out (1610A))	Legal form	Simplified joint stock company
Phone		RCS Registration	RCS Beauvais 5 525 920 773
Fax	03 44 46 93 69	Share capital	500,000 Euros
Address	PETIT SAS RTE DE CLERMONT 60360 CREVECOEUR LE GRAND	Incorporated Date	12/1959
Nationality	France	Status	Economically active

Last published Judgment	05/12/2012
	This company is not under monitoring

Current Directors

1

Trading to Date	08/31/2011	08/31/2010	08/31/2009
Turnover	4,178,298 €	3,946,589 €	4,317,598 €
Gross Operating Surplu	3,83 % Turnover	4,26 % Turnover	3,60 % Turnover
Shareholders’ equity	3,553,627 €	3,518,906 €	3,496,261 €
Net result	35,779 €	23,701 €	40,812 €
Employees	10 to 19 employees	-	-

Trends
Profitability
Liquidity
Net worth

Company details

Activity (APE)	Sciage et rabotage du bois, hors imprEgnation (1610A)
RCS Registration	RCS Beauvais 5 525 920 773	Share capital	500,000 Euros
Registration Court	Beauvais (60)	Legal form	Simplified joint stock company
Court Registry Number	19 5 9B000	EUR VAT Number	FR04525920773
Incorporation Date	12/1959	Formation Date	01/1959
Deregistration Date		Last account Date	31/08/2011
Nationality	France

Establishment details

Activity (APE)	Sciage et rabotage du bois, hors impregnation (1610A)	Business Pages FT®
Postal Address	PETIT SAS RTE DE CLERMONT 60360 CREVECOEUR LE GRAND	Trading Address	ROUTE DE CLERMONT 60360 CREVECOEUR LE GRAND
Telephone
Fax	03 44 46 93 69

Type	Head office (one site company)	Status	Economically active
Formation Date	01/1959	Reason for formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Oise (60)	Region	Picardie
District	1	Area	13
City	CREVECOEUR LE GRAND	Size of urban area

Other establishments

Branches	1 branch entities in this company
	Head office	> PETIT SAS <<<  - Sciage et rabotage du bois, hors imprEgnation (1610A)  in CREVECOEUR LE GRAND  (60360)
	Secondary establishments

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

10 to 19 employees

Company workforce

10 to 19 employees

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/08/2011	31/08/2010	31/08/2009
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	27/04/2012	13/04/2011	13/04/2010
Activity Code	1610A	1610A	1610A
Employees	54	57	59

Active account

Annual Accounts	31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	344 179	-13,5%	397 871	-13,1%	457 677	126 262	172,6%
- Intangible assets	45	0%	45	0%	45	2 287	-98,0%
- Tangible assets	301 883	-16,6%	361 895	-13,9%	420 135	101 747	196,7%
- Financial assets	42 296	17,6%	35 976	-4,2%	37 542	1 014	4071,2%
Net current assets	5 179 492	3,3%	5 011 887	3,4%	4 845 279	431 053	1101,6%
- Stocks	4 292 091	4,7%	4 098 629	8,3%	3 783 830	137 020	3032,5%
- Advanced payments	0	3,3%	0	0%	0	0	0%
- Receivables	884 072	-3,2%	912 967	-13,9%	1 060 970	142 554	520,2%
- Securities and cash	3 326	1054,9%	288	-39,6%	477	38 107	-91,3%
- Prepaid expenses	-	-	-	-	-	779	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	5 523 673	2,1%	5 409 759	2,0%	5 302 956	604 032	814,5%

Passive Account

Annual Accounts	31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Shareholders' equity	3 553 627	1,0%	3 518 906	0,6%	3 496 261	208 608	1603,5%
Share capital	500 000	0%	500 000	0%	500 000	41 200	1113,6%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	0	0%	0	0	0%
Liabilities	1 970 042	4,2%	1 890 850	4,7%	1 806 690	352 951	458,2%
- Financial liabilities	945 294	-0,7%	952 325	2,9%	925 246	108 846	768,5%
- Advanced payments received	20 000	0%	20 000	-2,2%	20 445	0	0%
- Trade account payables	768 722	10,9%	692 965	15,4%	600 449	116 525	559,7%
- Tax and social liabilities	236 026	8,2%	218 200	-13,8%	253 190	69 337,50	240,4%
- Other debts and fixed assets liabilities	0	0%	7 360	0%	7 360	6 000	0%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	5 523 673	2,1%	5 409 759	2,0%	5 302 955	604 032	814,5%

Results

Annual Accounts	31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Sales of Goods	4 233 851	-3,3%	4 380 417	-10,3%	4 884 496	765 551	453,0%
Net turnover	4 178 298	5,9%	3 946 589	-8,6%	4 317 598	744 942	460,9%
- of which net export turnover	2 224 792	16,4%	1 911 098	-13,9%	2 220 650	0	0%
Operating charges	4 168 443	-3,5%	4 318 645	-10,3%	4 814 294	743 990	460,3%
Operating profit/loss	65 408	5,9%	61 772	-12,0%	70 202	13 244	393,9%
Financial income	10 338	90,4%	5 429	1008,0%	490	64	16053,1%
Financial charges	33 961	-17,6%	41 238	15,0%	35 866	4 127	722,9%
Financial profit/loss	-23 623	34,0%	-35 809	-1,2%	-35 376	-2 475	-854,5%
Pretax net operating income	41 785	60,9%	25 963	-25,4%	34 826	7 318	471,0%
Extraordinary income	7 223	-32,7%	10 728	-57,3%	25 145	4 384	64,8%
Extraordinary charges	754	-88,5%	6 532	-13,2%	7 522	396	90,4%
Extraordinary profit/loss	6 469	54,2%	4 196	-76,2%	17 623	1 264	411,8%
Net result	35 779	51,0%	23 701	-41,9%	40 812	11 319	216,1%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/08/2011	31/08/2010	31/08/2009
Months	12	12	12

Accounts - Active
Current Assets | Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/08/2011		31/08/2010		31/08/2009
	Grand Total (I to VI)	Net	5 523 673	2,1%	5 409 759	2,0%	5 302 956
	Gross	CO	9 737 041	1,5%	9 592 006	1,1%	9 485 372
	Amortisation	1A	4 213 368	0,7%	4 182 247	0,0%	4 182 416

Non declared distributed capital (I)

		31/08/2011		31/08/2010		31/08/2009
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

			31/08/2011		31/08/2010		31/08/2009
	Total Active fixed asset (II)	Net	344 179	-13,5%	397 871	-13,1%	457 677
	Gross	BJ	4 476 432	-0,8%	4 512 803	-1,8%	4 596 102
	Amortisation	BK	4 132 248	0,4%	4 114 932	-0,6%	4 138 425

Intangilble fixed assets

			31/08/2011		31/08/2010		31/08/2009
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	0	0%	0	0%	0
	Gross	AF	0	0%	0	0%	0
	Amortisation	AG	0	0%	0	0%	0
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	45	0%	45	0%	45
	Amortisation	AI	45	0%	45	0%	45
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	11 441	0%	11 441	0%	11 441
	Amortisation	AK	11 441	0%	11 441	0%	11 441
	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	0	0%	0	0%	0

Tangilble fixed assets

			31/08/2011		31/08/2010		31/08/2009
	Lands	Net	4 451	0%	4 451	0%	4 451
	Gross	AN	4 451	0%	4 451	0%	4 451
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	21 538	14,9%	18 744	-39,6%	31 053
	Gross	AP	1 171 386	1,0%	1 159 575	0%	1 159 575
	Amortisation	AQ	1 149 848	0,8%	1 140 831	1,1%	1 128 522
	Plant	Net	97 850	-25,0%	130 448	-19,6%	162 285
	Gross	AR	1 874 737	0,2%	1 871 723	0,1%	1 870 744
	Amortisation	AS	1 776 887	2,0%	1 741 275	1,9%	1 708 459
	Other tangible fixed assets	Net	175 944	-11,9%	199 747	-10,2%	222 346
	Gross	AT	1 369 971	-3,6%	1 421 087	-6,0%	1 512 304
	Amortisation	AU	1 194 027	-2,2%	1 221 340	-5,3%	1 289 958
	Fixed assets in construction	Net	2 100	-75,3%	8 505	0%	0
	Gross	AV	2 100	-75,3%	8 505	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	301 883		361 895		420 135

Financial assets

			31/08/2011		31/08/2010		31/08/2009
	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	9 793	2,3%	9 577	3,1%	9 291
	Gross	CU	9 793	2,3%	9 577	3,1%	9 291
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	1 333	0%	1 333	0%	1 333
	Gross	BB	1 333	0%	1 333	0%	1 333
	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	23 710	0%	23 710	-7,2%	25 562
	Gross	BF	23 710	0%	23 710	0%	25 562
	Amortisation	BG	0		0		0
	Other financial assets	Net	7 460	450,1%	1 356	0%	1 356
	Gross	BH	7 460	450,1%	1 356	0%	1 356
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		42 296		35 976		37 542

Current Assets (III)

			31/08/2011		31/08/2010		31/08/2009
	Total Assets	Net	5 179 492	3,3%	5 011 887	3,4%	4 845 279
	Gross	CJ	5 260 608	3,6%	5 079 198	3,9%	4 889 266
	Amortisation	CK	81 116	20,5%	67 311	53,0%	43 987

Stocks

			31/08/2011		31/08/2010		31/08/2009
	Raw materials	Net	467 297	56,3%	298 990	-22,6%	386 057
	Gross	BL	467 297	56,3%	298 990	-22,6%	386 057
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	0	0%	0	0%	0
	Gross	BN	0	0%	0	0%	0
	Amortisation	BO	0	0%	0	0%	0
	Work in progress (services)	Net	0	0%	0	0%	0
	Gross	BP	0	0%	0	0%	0
	Amortisation	BQ	0	0%	0	0%	0
	Semi-finished and finished products	Net	3 824 794	0,7%	3 799 639	11,8%	3 397 773
	Gross	BR	3 848 306	0,6%	3 823 533	11,9%	3 417 308
	Amortisation	BS	23 512	-1,6%	23 894	22,3%	19 535
	Goods for resale	Net	0	0%	0	0%	0
	Gross	BT	0	0%	0	0%	0
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	4 292 091	4,7%	4 098 629	8,3%	3 783 830

Advance payments to suppliers

			31/08/2011		31/08/2010		31/08/2009
	Advance payments to suppliers	Net	0	0%	0	0%	0
	Gross	BV	0	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/08/2011		31/08/2010		31/08/2009
	Trade accounts receivable	Net	732 627	-0,6%	736 842	-26,7%	1 005 581
	Gross	BX	790 231	1,3%	780 259	-24,2%	1 030 033
	Amortisation	BY	57 604	32,7%	43 417	77,6%	24 452
	Other debtors	Net	125 647	-22,1%	161 224	754,0%	18 878
	Gross	BZ	125 647	-22,1%	161 224	754,0%	18 878
	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	858 274	-4,4%	898 066	-12,3%	1 024 459

Divers

			31/08/2011		31/08/2010		31/08/2009
	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	3 326	1054,9%	288	-39,6%	477
	Gross	CF	3 326	1054,9%	288	-39,6%	477
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	3 326	1054,9%	288	-39,6%	477

Prepaid expenses

			31/08/2011		31/08/2010		31/08/2009
	Prepaid expenses	Net	25 798	73,1%	14 901	-59,2%	36 511
	Gross	CH	25 798	73,1%	14 901	-59,2%	36 511
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/08/2011		31/08/2010		31/08/2009
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

		31/08/2011		31/08/2010		31/08/2009
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Grand Total - Passive Accounts (I to IV)

		31/08/2011		31/08/2010		31/08/2009
Grand Total (I to V)	EE	5 523 673	2,1%	5 409 759	2,0%	5 302 955

Shareholder Equity (I)

			31/08/2011		31/08/2010		31/08/2009
	Total shareholders' equity (Total I)	DL	3 553 627	1,0%	3 518 906	0,6%	3 496 261
	Equity and shareholders' equity	DA	500 000	0%	500 000	0%	500 000
	Issue and merger premiums	DB	0	0%	0	0%	0
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	50 000	0%	50 000	0%	50 000
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	1 644 420	0%	1 644 420	0%	1 644 420
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	1 321 631	1,8%	1 297 930	3,2%	1 257 117
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	0	0%	0	0%	0
	Profit or loss for the period	DI	35 779	51,0%	23 701	-41,9%	40 812
	Investment grants	DJ	1 797	-37,1%	2 855	-27,0%	3 912
	Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

			31/08/2011		31/08/2010		31/08/2009
	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)

			31/08/2011		31/08/2010		31/08/2009
	Total provisions for risks and charges (Total III)	DR	0	0%	0	0%	0
	Risk provisions	DP	0	0%	0	0%	0
	Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

			31/08/2011		31/08/2010		31/08/2009
	Total Liabilities (Total IV)	EC	1 970 042	4,2%	1 890 850	4,7%	1 806 690
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	938 552	-0,8%	945 846	2,9%	918 933
	Sundry loans and financial liabilities	DV	6 742	4,1%	6 479	2,6%	6 313
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	20 000	0%	20 000	-2,2%	20 445
	Trade accounts payables	DX	768 722	10,9%	692 965	15,4%	600 449
	Tax and social security liabilities	DY	236 026	8,2%	218 200	-13,8%	253 190
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	0	0%	7 360	0%	7 360

Translation loss (V)

		31/08/2011		31/08/2010		31/08/2009
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/08/2011		31/08/2010		31/08/2009
Deferred income	EB	0	0%	0	0%	0

References

		31/08/2011		31/08/2010		31/08/2009
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	1 728 859	0%	0	0%	0
Of which current bank facilities	EH	600 309	0%	0	0%	0

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)

		31/08/2011		31/08/2010		31/08/2009
Operating result (Total I-II)	GG	65 408	5,9%	61 772	-12,0%	70 202

2 - Financial result (V - VI)

		31/08/2011		31/08/2010		31/08/2009
Financial result (Total V-VI)	GV	-23 623	34,0%	-35 809	-1,2%	-35 376

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

		31/08/2011		31/08/2010		31/08/2009
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	41 785	60,9%	25 963	-25,4%	34 826

4 - Extraordinary result (VII-VIII)

		31/08/2011		31/08/2010		31/08/2009
Extraordinary result (Total VII-VIII)	HI	6 469	54,2%	4 196	-76,2%	17 623

Profit or loss

		31/08/2011		31/08/2010		31/08/2009
Profit or loss	HN	35 779	51,0%	23 701	-41,9%	40 812

Total Income (I+III+V+VII)

		31/08/2011		31/08/2010		31/08/2009
Total Income (I+III+V+VII)	HL	4 251 412	-3,3%	4 396 574	-10,5%	4 910 131

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

		31/08/2011		31/08/2010		31/08/2009
Total charges (Total II+IV+VI+VIII+IX+X)	HM	4 215 630	-3,6%	4 372 871	-10,2%	4 869 318

Operating income (I)

		31/08/2011		31/08/2010		31/08/2009
Total operating income (Total I)	FR	4 233 851	-3,3%	4 380 417	-10,3%	4 884 496

Operating income (details)

			31/08/2011		31/08/2010		31/08/2009
	Sale of goods for resale	FC	0	0%	0	0%	0
	France	FA	0	0%	0	0%	0
	Export	FB	0	0%	0	0%	0
	Sale of goods produced	FF	4 178 298	5,9%	3 946 589	-8,6%	4 317 598
	France	FD	1 953 506	-4,0%	2 035 491	-2,9%	2 096 948
	Export	FE	2 224 792	16,4%	1 911 098	-13,9%	2 220 650
	Sale of services	FI	0	0%	0	0%	0
	France	FG	0	0%	0	0%	0
	Export	FH	0	0%	0	0%	0
	Net turnover	FL	4 178 298	5,9%	3 946 589	-8,6%	4 317 598
	France	FJ	1 953 506	-4,0%	2 035 491	-2,9%	2 096 948
	Export	FK	2 224 792	16,4%	1 911 098	-13,9%	2 220 650
	Stocked production	FM	24 773	-93,9%	406 224	-13,6%	470 229
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	0	0%	400	-97,3%	14 600
	Release of reserves and provisions	FP	10 888	3947,6%	269	-99,6%	62 002
	Other income	FQ	19 892	-26,1%	26 935	34,2%	20 067

Operating charges (II)

		31/08/2011		31/08/2010		31/08/2009
Total operating charges (Total II)	GF	4 168 443	-3,5%	4 318 645	-10,3%	4 814 294

Exploitation charges

		31/08/2011		31/08/2010		31/08/2009
Purchase of goods for resale	FS	19 308	-32,2%	28 494	-4,6%	29 853
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	1 143 118	14,4%	998 989	-11,2%	1 125 542
Change in stocks of raw materials	FV	-168 306	-293,3%	87 066	0,9%	86 254
Other external purchases and charges	FW	1 427 761	3,7%	1 376 430	-10,8%	1 543 940
Tax, duty and similar payments	FX	69 752	-30,1%	99 850	-27,3%	137 377
Payroll	FY	1 139 699	-2,6%	1 170 604	-6,4%	1 250 625
Social security costs	FZ	411 840	-2,8%	423 819	-10,5%	473 514

Depreciation

		31/08/2011		31/08/2010		31/08/2009
Depreciation of fixed assets	GA	93 328	-15,0%	109 800	12,9%	97 294
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	14 186	-39,9%	23 593	-20,2%	29 555
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/08/2011		31/08/2010		31/08/2009
Other charges	GE	17 757	0%	0	0%	40 340

Operating charges (III-IV)

		31/08/2011		31/08/2010		31/08/2009
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

Exploitation charges

		31/08/2011		31/08/2010		31/08/2009
Purchase of goods for resale	FS	19 308	-32,2%	28 494	-4,6%	29 853
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	1 143 118	14,4%	998 989	-11,2%	1 125 542
Change in stocks of raw materials	FV	-168 306	-293,3%	87 066	0,9%	86 254
Other external purchases and charges	FW	1 427 761	3,7%	1 376 430	-10,8%	1 543 940
Tax, duty and similar payments	FX	69 752	-30,1%	99 850	-27,3%	137 377
Payroll	FY	1 139 699	-2,6%	1 170 604	-6,4%	1 250 625
Social security costs	FZ	411 840	-2,8%	423 819	-10,5%	473 514

Depreciation

		31/08/2011		31/08/2010		31/08/2009
Depreciation of fixed assets	GA	93 328	-15,0%	109 800	12,9%	97 294
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	14 186	-39,9%	23 593	-20,2%	29 555
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/08/2011		31/08/2010		31/08/2009
Other charges	GE	17 757	0%	0	0%	40 340

Operating charges (III-IV)

		31/08/2011		31/08/2010		31/08/2009
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)

			31/08/2011		31/08/2010		31/08/2009
	Total financial income (Total V)	GP	10 338	90,4%	5 429	1008,0%	490
	Share financial income	GJ	0	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	10 338	90,8%	5 419	1008,2%	489
	Released provisions and transferred charges	GM	0	0%	0	0%	0
	Exchange gains	GN	0	0%	10	900%	01
	Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

			31/08/2011		31/08/2010		31/08/2009
	Total financial charge (Total VI)	GU	33 961	-17,6%	41 238	15,0%	35 866
	Financial reserves and provisions	GQ	0	0%	0	0%	0
	Interest and similar charges	GR	33 951	-17,7%	41 238	15,0%	35 866
	Exchange losses	GS	10	0%	0	0%	0
	Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

			31/08/2011		31/08/2010		31/08/2009
	Total extraordinary income (Total VII)	HD	7 223	-32,7%	10 728	-57,3%	25 145
	Extraordinary operating income	HA	6 166	308200%	02	-100,0%	14 588
	Extraordinary income from capital transactions	HB	1 057	-90,1%	10 726	1,6%	10 557
	Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

			31/08/2011		31/08/2010		31/08/2009
	Total extraordinary charges (Total VIII)	HH	754	-88,5%	6 532	-13,2%	7 522
	Extraordinary operating charges	HE	754	141,7%	312	-95,3%	6 597
	Extraordinary charges from capital transactions	HF	0	0%	6 220	572,4%	925
	Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

		31/08/2011		31/08/2010		31/08/2009
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/08/2011		31/08/2010		31/08/2009
Tax on profits (Total X)	HK	12 472	93,2%	6 456	-44,5%	11 636

References

		31/08/2011		31/08/2010		31/08/2009
Of which equipment leases	HP	26 200	45,1%	18 053	22,6%	14 726
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	10 507	0%	0	0%	42 273
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/08/2011		31/08/2010		31/08/2009
	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	8 551	0%	0	0%	0
	Decreasess by transfers	OK2	76 013	-46,2%	141 365	468,4%	24 872
	Gross value at the end of period	OL	4 476 432	-0,8%	4 512 809	-1,8%	4 596 106

Research and development Charge (Total I)

			31/08/2011		31/08/2010		31/08/2009
	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)

			31/08/2011		31/08/2010		31/08/2009
	Gross value at begin of period	KD	11 487	0%	11 487	0%	11 487
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	0	0%	0
	Gross value at the end of period	LW	11 487	0%	11 487	0%	11 487

Tangible fixed assets (Total III)

			31/08/2011		31/08/2010		31/08/2009
	Gross value at begin of period	LN	4 465 339	-1,8%	4 547 072	2,9%	4 420 958
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	41 821	-27,6%	57 780	-61,3%	149 193
	Decreasess by budget item transfer	NG1	8 505	0%	0	0%	0
	Decreasess by transfers	NG2	76 012	-45,5%	139 513	504,5%	23 080
	Gross value at the end of period	NH	4 422 643	-1,0%	4 465 339	-1,8%	4 547 071

Fiancial assets (Total IV)

			31/08/2011		31/08/2010		31/08/2009
	Gross value at begin of period	LQ	35 978	-4,2%	37 543	-3,6%	38 936
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	6 366	2125,9%	286	-28,3%	399
	Decreasess by budget item transfer	NJ1	46	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	1 851	3,3%	1 792
	Gross value at the end of period	NK	42 298	17,6%	35 978	-4,2%	37 543

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

			31/08/2011		31/08/2010		31/08/2009
	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)

			31/08/2011		31/08/2010		31/08/2009
	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)

			31/08/2011		31/08/2010		31/08/2009
	Reserve for depreciation value at begin of period	PE	11 487	0%	11 487	0%	11 487
Increases		PF	0	0%	0	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	11 487	0%	11 487	0%	11 487

Total fixed assets amotisation (Total III)

			31/08/2011		31/08/2010		31/08/2009
	Reserve for depreciation value at begin of period	QU	4 103 445	-0,6%	4 126 938	1,9%	4 051 799
Increases		QV	93 327	-15,0%	109 798	12,9%	97 292
Decreases		QW	76 012	-43,0%	133 292	501,6%	22 155
	Decreasess by budget item transfer	QX	4 120 760	0,4%	4 103 444	-0,6%	4 126 936

Movements during period affecting charge allocated over several period
Charges à rEpartir ou frais d'Emission d'emprunt

			31/08/2011		31/08/2010		31/08/2009
	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

			31/08/2011		31/08/2010		31/08/2009
	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)

			31/08/2011		31/08/2010		31/08/2009
	Value at begining of period	7C	67 311	53,0%	43 988	28,8%	34 162
Increases		UB	14 186	-39,9%	23 593	-20,2%	29 555
Decreases		UC	381	41,6%	269	-98,6%	19 729
	Value at the end of period	UD	81 116	20,5%	67 312	53,0%	43 988

Includes Total allocations

Operating	UE	14 186	-39,9%	23 593	-20,2%	29 555
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	381	41,6%	269	-98,6%	19 729
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/08/2011		31/08/2010		31/08/2009
	Value at begining of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/08/2011		31/08/2010		31/08/2009
	Value at begining of period	7B	67 311	53,0%	43 987	28,8%	34 162
Increases		TY	14 186	-39,9%	23 592	-20,2%	29 554
Decreases		TZ	381	41,6%	269	-98,6%	19 728
	Value at the end of period	UA	81 116	20,5%	67 310	53,0%	43 988

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

		31/08/2011		31/08/2010		31/08/2009
Gross value	VT	974 183	-0,9%	982 786	-11,8%	1 113 675
1 year at most	VU	941 679	-1,5%	956 386	-11,9%	1 085 423
More than one year	VV	32 504	23,1%	26 400	-6,6%	28 252

State of loans

		31/08/2011		31/08/2010		31/08/2009
Claims related to holdings (gross)	UL	1 333	0%	1 333	0%	1 333
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	23 710	0%	23 710	-7,2%	25 562
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	7 460	450,1%	1 356	0%	1 356
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/08/2011		31/08/2010		31/08/2009
Customers doubtful or disputed	VA	134 968	45,5%	92 775	10,1%	84 281
Other claims customer	UX	655 263	-4,7%	687 483	-27,3%	945 751
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	1 120	-67,9%	3 488	680,3%	447
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	34 602	0%	0
Value added tax	VB	10 107	16,0%	8 713	92,0%	4 539
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	114 420	0%	114 420	723,7%	13 891

Prepaid

		31/08/2011		31/08/2010		31/08/2009
Prepaid	VS	25 798	73,1%	14 901	-59,2%	36 511

State Debt

			31/08/2011		31/08/2010		31/08/2009
	Total debt (gross)	VY	1 950 043	4,2%	1 870 852	4,7%	1 786 247
1 year at most		VZ2	1 728 859	4,9%	1 648 328	9,6%	1 503 858
More than 1 year and 5 years at most		VZ3	179 126	-19,5%	222 524	-21,2%	282 389
More than 5 years		VZ4	42 058	0%	0	0%	0

Details

			31/08/2011		31/08/2010		31/08/2009
	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	600 309	-4,3%	627 421	17,2%	535 258
1 year at most		VG2	600 309	-4,3%	627 421	17,2%	535 258
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	338 242	6,2%	318 425	-17,0%	383 674
1 year at most		VH2	117 058	14,3%	102 380	-4,8%	107 598
More than 1 year and 5 years at most		VH3	179 126	-17,1%	216 045	-21,7%	276 076
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	768 722	10,9%	692 965	15,4%	600 449
1 year at most		8B2	768 722	10,9%	692 965	15,4%	600 449
More than 1 year and 5 years at most		8B3	768 722	10,9%	692 965	15,4%	600 449
	Personnel and associated accounts (gross)	8C1	55 728	1,9%	54 687	-1,4%	55 470
1 year at most		8C2	55 728	1,9%	54 687	-1,4%	55 470
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	135 784	0%	135 784	-1,7%	138 200
1 year at most		8D2	135 784	0%	135 784	-1,7%	138 200
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	12 472	0%	0	0%	11 099
1 year at most		8E2	12 472	0%	0	0%	11 099
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	10 771	96,4%	5 483	-74,3%	21 376
1 year at most		VW2	10 771	96,4%	5 483	-74,3%	21 376
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	21 270	-4,4%	22 245	-17,7%	27 044
1 year at most		VQ2	21 270	-4,4%	22 245	-17,7%	27 044
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	6 742	4,1%	6 479	2,6%	6 313
1 year at most		VI2	6 742	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	6 479	2,6%	6 313
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	7 360	0%	7 360
1 year at most		8K2	0	0%	7 360	0%	7 360
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

		31/08/2011		31/08/2010		31/08/2009
Loans made during the period	VJ	128 777	192,7%	44 000	-85,9%	313 000
Debt repaid during the period	VK	108 899	-0,3%	109 267	99,9%	54 671

Table allocation results and other information
Dividends distributed

		31/08/2011		31/08/2010		31/08/2009
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/08/2011		31/08/2010		31/08/2009
Commitments leasing furniture	YQ	49 098	0%	0	0%	23 317
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

		31/08/2011		31/08/2010		31/08/2009
Subcontracting	YT	4 108	0%	0	0%	2 473
Rentals, rental charges and condominiums	XQ	14 581	0%	0	0%	10 650
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	23 050	0%	0	0%	20 199
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	1 386 019	0%	0	0%	1 510 616
Total Other purchases and external	ZJ	1 427 758	0%	0	0%	1 543 938

Taxes and Fees

		31/08/2011		31/08/2010		31/08/2009
Business tax	YW	15 469	0%	0	0%	75 111
Other taxes and payments assimilated	9Z	54 282	0%	0	0%	62 266
Total taxes and fees	YX	69 751	0%	0	0%	137 377

VAT

		31/08/2011		31/08/2010		31/08/2009
Amount VAT collected	YY	335 061	0%	0	0%	377 769
Total VAT on goods and services	YZ	172 583	0%	0	0%	227 334

Average number of employees

		31/08/2011		31/08/2010		31/08/2009
Average number of employees	YP	54	-5,3%	57	-3,4%	59

Groups and Shareholders

		31/08/2011		31/08/2010		31/08/2009
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

		31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Fixed Asset Financing		1,79	-5,8%	1,90	2,2%	1,86	1,39	28,8%
Global Debt		170 days	-1,2%	172 days	13,9%	151 days	159 days	6,9%
Working Capital Fund overall net		306 days	-17,7%	372 days	12,4%	331 days	96 days	218,8%
Financial independence		378,63%	1,8%	372,04%	-2,2%	380,47%	219,25%	72,7%
Solvability		64,33%	-1,1%	65,05%	-1,3%	65,93%	39,35%	63,5%
Capacity debt futures		495,37%	2,7%	482,17%	-11,3%	543,86%	692,32%	-28,4%
Coverage of current assets by net working capital overall		67,90%	-15,6%	80,43%	-1,5%	81,68%	47,60%	42,6%
General Liquidity		0,54	-6,9%	0,58	-19,4%	0,72	0,52	3,8%
Restricted Liquidity		0,55	-5,2%	0,58	-19,4%	0,72	0,82	-32,9%

Management or rotation

		31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Need background in operating working capital		355 days	-4,1%	370 days	13,1%	327 days	55 days	545,5%
Treasury		-51 days	0%	0 days	0%	0 days	7 days	-828,6%
Inventory turnover of goods		0 days	0%	0 days	0%	0 days	63,50 days	0%
Average length of credit granted to customers		63 days	-11,3%	71 days	-10,1%	79 days	58 days	8,6%
Average length of credit obtained suppliers		107 days	7,0%	100 days	38,9%	72 days	76 days	40,8%
Inventory turnover of raw materials in industrial enterprises		147 days	36,1%	108 days	-12,2%	123 days	101 days	45,5%
Inventory turnover of intermediate and finished products in the industrial enterprise		94 days	6,8%	88 days	-7,4%	95 days	151,50 days	-38,0%
Rotation tangible assets		94,48%	6,9%	88,38%	-6,9%	94,95%	146,69%	-35,6%

Profitability of the business

		31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Margin trading		-0,46%	36,1%	-0,72%	-4,3%	-0,69	0%	0%
Profitability of the business		3,83	-10,1%	4,26	18,3%	3,60	5,53%	-30,7%
Net profit		0,86%	43,3%	0,60%	-36,8%	0,95%	1,55%	-44,5%
Growth rate of turnover (excluding VAT)		5,87%	168,3%	-8,59%	29,7%	-12,22%	7,80%	-24,7%
Rates integration		42,63%	-9,6%	47,18%	1,7%	46,37%	30,74%	38,7%
Rate leasing furniture		0,63%	37,0%	0,46%	35,3%	0,34%	0%	0%
Work Factor		87,11%	1,7%	85,64%	-0,5%	86,11%	74,97%	16,2%
Weight interests		0,81	-22,1%	1,04%	25,3%	0,83%	0,68%	19,1%

Return on capital

	31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Cash flow from the overall profitability	3,06%	-6,1%	3,26%	29,4%	2,52%	4,84%	-36,8%
Rates of economic profitability	4%	0%	4%	0%	4%	11%	-63,6%
Financial profitability	3553627%	1,0%	3518906%	0,6%	3496261%	188544%	1784,8%
Return on investment	1,55%	6,9%	1,45%	-16,2%	1,73%	5,06%	-69,4%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes IntermEdiaires de Gestion

	31/08/2011		31/08/2010		31/08/2009	Sector Median2011
Turnover	4 178 298	5,9%	3 946 589	-8,6%	4 317 598	744 942 €	460,9%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	19 308	-32,2%	28 494	-4,6%	29 853
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	-19 308 €	32,2%	-28 494 €	4,6%	-29 853 €	0 €	0%
	-0,46 % CA	36,1%	-0,72 % CA	-4,3%	-0,69 % CA	0 % CA	0%

Sale of goods produced	4 178 298	5,9%	3 946 589	-8,6%	4 317 598
+/- Stocked production	24 773	-93,9%	406 224	-13,6%	470 229
+ Self-constructed assets	0	0%	0	0%	0
Period production	4 203 071 €	-3,4%	4 352 813 €	-9,1%	4 787 827 €	569 967 €	637,4%
	100,59 % CA	-8,8%	110,29 % CA	-0,5%	110,89 % CA	99,46 % CA	1,1%

Trading margin	-19 308	32,2%	-28 494	4,6%	-29 853	0	0%
+ Period Production	4 203 071	-3,4%	4 352 813	-9,1%	4 787 827	569 967	637,4%
- Purchase of raw materials	1 143 118	14,4%	998 989	-11,2%	1 125 542
+/- Change in stocks of raw materiels	-168 306	-293,3%	87 066	0,9%	86 254
- Other external purchases and charges	1 427 761	3,7%	1 376 430	-10,8%	1 543 940
Added value	1 781 190 €	-4,3%	1 861 834 €	-7,0%	2 002 238 €	235 367 €	656,8%
	42,63 % CA	-9,6%	47,18 % CA	1,7%	46,37 % CA	30,74 % CA	38,7%

Added value	1 781 190 €	-4,3%	1 861 834 €	-7,0%	2 002 238 €	235 367 €	656,8%
+ Operating grants	0	0%	400	-97,3%	14 600
- Tax, duty and similar payments	69 752	-30,1%	99 850	-27,3%	137 377
- Personal charges	1 551 539	-2,7%	1 594 423	-7,5%	1 724 139
Gross operating surplus	159 899 €	-4,8%	167 961 €	8,1%	155 322 €	36 332 €	340,1%
	3,83 % CA	-10,1%	4,26 % CA	18,3%	3,60 % CA	5,53 % CA	-30,7%

Gross operating surplus	159 899 €	-4,8%	167 961 €	8,1%	155 322 €	36 332 €	340,1%
+ Release of reserves and provisions	10 888	3947,6%	269	-99,6%	62 002
+ Other operating income	19 892	-26,1%	26 935	34,2%	20 067
- Depreciation/Amortisation	107 514	-19,4%	133 393	5,2%	126 849
- Other charges	17 757	0%	0	0%	40 340
Operating result	65 408 €	5,9%	61 772 €	-12,0%	70 202 €	13 244 €	393,9%
	1,57 % CA	0%	1,57 % CA	-3,7%	1,63 % CA	2,02 % CA	-22,3%

Operating result	65 408 €	5,9%	61 772 €	-12,0%	70 202 €	13 244 €	393,9%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	10 338	90,4%	5 429	1008,0%	490
- Financial charges	33 961	-17,6%	41 238	15,0%	35 866
Pre-tax result	41 785 €	60,9%	25 963 €	-25,4%	34 826 €	7 233 €	477,7%
	1,00 % CA	51,5%	0,66 % CA	-18,5%	0,81 % CA	1,24 % CA	-19,4%

Extraordinary income	7 223	-32,7%	10 728	-57,3%	25 145	4 384	64,8%
- Extraordinary charges	754	-88,5%	6 532	-13,2%	7 522
Extraordinary result	6 469 €	54,2%	4 196 €	-76,2%	17 623 €	1 264 €	411,8%
	0,15 % CA	36,4%	0,11 % CA	-73,2%	0 % CA	0,27 % CA	-44,4%

Pre-tax result	41 785 €	60,9%	25 963 €	-25,4%	34 826 €	7 233 €	477,7%
Extraordinary result	6 469 €	54,2%	4 196 €	-76,2%	17 623 €	1 264 €	411,8%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	12 472	93,2%	6 456	-44,5%	11 636
Net result	35 782 €	51,0%	23 703 €	-41,9%	40 813 €	11 320 €	216,1%
	0,86 % CA	43,3%	0,60 % CA	-36,8%	0,95 % CA	1,57 % CA	-45,2%

Judgments

Collective procedures

Courts

Judgment	Redressement judiciaire	Effective date	05/12/2012
Court	BEAUVAIS

Details
Le Tribunal de Commerce de BEAUVAIS a prononcE en date du 04-12-2012 l'ouverture d'une procEdure de redressement judiciaire sous le numEro 2012/243, date de cessation des paiements le 15-11-2012, et a dEsignE juge commissaire : Monsieur DELHAYE François, juge commissaire supplEant : Monsieur LE TARNEC Bruno, administrateur : Maître RONGEOT Jean 28 rue Sire Firmin Leroux BP 40335 80000 AMIENS CEDEX 1, avec pour mission : d'assister la sociEtE dEbitrice pour tous les actes de gestion, mandataire judiciaire : SCP LEBLANC LEHERICY HERBAUT, en la personne de Me LEHERICY Philippe 577 rue de la Croix Verte 60600 AGNETZ, et a ouvert une pEriode d'observation expirant le 04-06-2013, les dEclarations des crEances sont à dEposer au mandataire judiciaire dans les deux mois à compter de la date de publication au bodacc.

Rncs

Judgment	Redressement judiciaire	Effective date	04/12/2012
Director	ME RONGEOT JEAN	Position	Official receiver
Address	80000
Director	SCP LEBLANC LEHERICY HERBAUT, EN LA PERSONNE DE ME LEHERICY PHILIPPE	Position	Representative judicial
Address	60600

Bodacc

Judgment	Redressement judiciaire	Effective date	04/12/2012
Court	Beauvais	Parution date from Gazette	03/01/2013
Jugement d'ouverture Augment d'ouverture d'une procEdure de redressement judiciaire Jugement prononçant l'ouverture d'une procEdure de redressement judiciaire, date de cessation des paiements le 15 novembre 2012 dEsignant : administrateur Maître Rongeot Jean 28 rue Sire Firmin Leroux Bp 40335 80000 Amiens cedex 1, avec pour mission : d'assister la sociEtE dEbitrice pour tous les actes de gestion, mandataire judiciaire SCP leblanc Lehericy Herbaut, en la personne de Me Lehericy Philippe 577 rue de la Croix Verte 60600 Agnetz. Les dEclarations des crEances sont à dEposer au mandataire judiciaire dans les deux mois à compter de la prEsente publication.

Other sources

Judgment	Redressement Judiciaire	Effective date	04/12/2012
Court	Tribunal de Commerce de BEAUVAIS
Directors	MAîTRE RONGEOT JEAN 28 RUE SIRE FIRMIN LEROUX BP 40335 80000 AMIENS CEDEX 1 SCP LEBLANC LEHERICY HERBAUT MONSIEUR DELHAYE FRANçOIS

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

Preferential rights details and history

Status of collection

This company is not under monitoring

Linkages

No linked companies

event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
03/01/2013	Bodacc A	Jugement d'ouverture
60 - OISE TRIBUNAL DE COMMERCE DE BEAUVAIS 2857 - Date : 4 dEcembre 2012. Jugement d'ouverture d'une procEdure de redressement judiciaire. 525 920 773 RCS Beauvais. PETIT S.A.S. Forme : SociEtE par actions simplifiEe. ActivitE : Achat, vente du bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont, 60360 Crèvecoeur-le-Grand. ComplEment de jugement : Jugement prononçant l'ouverture d'une procEdure de redressement judiciaire, date de cessation des paiements le 15 novembre 2012 dEsignant : administrateur Maître Rongeot Jean 28 rue Sire Firmin Leroux Bp 40335 80000 Amiens cedex 1, avec pour mission : d'assister la sociEtE dEbitrice pour tous les actes de gestion, mandataire judiciaire SCP leblanc Lehericy Herbaut, en la personne de Me Lehericy Philippe 577 rue de la Croix Verte 60600 Agnetz. Les dEclarations des crEances sont à dEposer au mandataire judiciaire dans les deux mois à compter de la prEsente publication.
09/05/2012	Bodacc C	Comptes annuels et rapports
60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE BEAUVAIS 8407 - 525920773 RCS. PETIT S.A.S.. Forme : SociEtE par actions simplifiEe. Adresse : route de Clermont 60360 Crèvecoeur-le-Grand. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/08/2011.
11/05/2011	Bodacc C	Comptes annuels et rapports
60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE BEAUVAIS 8077 - 525920773 RCS. PETIT S.A.S.. Forme : SociEtE par actions simplifiEe. Adresse : route de Clermont 60360 Crèvecoeur-le-Grand. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/08/2010.
17/05/2010	Bodacc C	Comptes annuels et rapports
60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE BEAUVAIS 4194 - 525920773 RCS. PETIT S.A.S.. Forme : SociEtE par actions simplifiEe. Adresse : route de Clermont 60360 Crèvecoeur-le-Grand. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/08/2009.
22/05/2009	Bodacc C	Comptes annuels et rapports
60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE BEAUVAIS 5527 - 525920773 RCS. PETIT S.A.S.. Forme : SociEtE par actions simplifiEe. Adresse : route de Clermont 60360 Crèvecoeur-le-Grand. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/08/2008.
03/08/2008	Bodacc C	Comptes annuels et rapports
60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE BEAUVAIS 6288 - 525920773 RCS. PETIT S.A.S.. Forme : SociEtE par actions simplifiEe. Adresse : route de Clermont 60360 Crèvecoeur-le-Grand. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/08/2007.
02/04/2008	Bodacc B	Modification et mutation diverse
60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE BEAUVAIS 1937 - 525 920 773 RCS Beauvais. PETIT S.A.S. Forme : SociEtE par actions simplifiEe. Administration : PrEsident de la sociEtE : BES Eric Roger Marcel. Commissaire aux comptes titulaire : SA KPMG. Commissaire aux comptes supplEant : BENCE Jean-Robert. Capital : 500000 EUR. ActivitE : Achat, vente du bois, transformation et utilisation dans toutes ses applications. Adresse de l’Etablissement principal : route de Clermont, 60360 Crèvecoeur-le-Grand. Adresse du siège social : route de Clermont, 60360 Crèvecoeur-le-Grand. Commentaires : Transf.en SAS + Chang.dEnom. + Nom.PrEsident Changement de dEnomination sociale Changement de prEsident du conseil d'administration.Date de commencement de l’activitE : 01/01/1948. Date d’effet : 29/02/2008.
06/07/2007	Bodacc B	Modifications et mutations diverses
1291 - RCS Beauvais B 525 920 773. RC 59-B 77. PETIT S.A. Forme : S.A. à directoire. Capital : 500 000 euros. Adresse du siège social : route de Clermont,, 60360 Administration : prEsident du directoire : BES (Eric, Roger, Marcel). PrEsidents du conseil de surveillance : BES (Michel, Jean, Julien) BES (Pierre, Clovis, Henri). Membre du directoire : PESCE (ClEment). Membres du conseil de surveillance : Mme FACCHINETTI, nEe BES (Dominique) Mme ECK, nEe BES (Pascale) Mme BES, nEe KEATES (Michelle, Georgette) Mlle BES (Carinne). Commissaire aux comptes titulaire : K.P.M.G. S.A. Commissaire aux comptes supplEant : BENCE (Jean-Robert). Ancienne administration : ancien membre du directoire : Mlle BES (Carinne). Etablissement principal - ActivitE : achat, vente du bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont, 60360 Date d'effet : 28 fEvrier 2007.
29/06/2007	Bodacc C	Avis de dEpôt des comptes
6436 - Beauvais B 525 920 773. RC 59-B 77. PETIT S.A.. Forme: S.A. à directoire. . Adresse du siège social: route de Clermont,60360 Crèvec ur-le-Grand. Comptes annuels et rapports de l'exercice clos le: 31 août 2006.
12/07/2006	Bodacc B	Modifications et mutations diverses
1013 - RCS Beauvais B 525 920 773. RC 59-B 77. PETIT S.A. Forme : S.A. à directoire. Capital : 500 000 euros. Adresse du siège social : route de Clermont,, 60360 Administration : prEsident du directoire : BES (Eric, Roger, Marcel). PrEsidents du conseil de surveillance : BES (Michel, Jean, Julien) BES (Pierre, Clovis, Henri). Membre du directoire : Mlle BES (Carinne). Membres du conseil de surveillance : Mme FACCHINETTI, nEe BES (Dominique) Mme ECK, nEe BES (Pascale) Mme BES, nEe KEATES (Michelle, Georgette). Commissaire aux comptes titulaire : K.P.M.G. S.A. Commissaire aux comptes supplEant : BENCE (Jean-Robert). Ancienne administration : ancien commissaire aux comptes titulaire : STE DAMERVAL ET ASSOCIES. Ancien commissaire aux comptes supplEant : DELIE (Christian). Etablissement principal - ActivitE : achat, vente du bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont, 60360 Date d'effet : 28 fEvrier 2006.
01/07/2006	Bodacc C	Avis de dEpôt des comptes
3356 - RCS Beauvais B 525 920 773. RC 59-B 77. PETIT S.A.. Forme: S.A. à directoire. . Adresse du siège social: route de Clermont,60360 Crèvec ur-le-Grand. Comptes annuels et rapports de l'exercice clos le: 31 août 2005.
30/09/2005	Bodacc C	Avis de dEpôt des comptes
3477 - RCS Beauvais B 525 920 773. RC 59-B 77. PETIT S.A.. Forme: S.A. à directoire. . Adresse du siège social: route de Clermont,60360 Crèvec ur-le-Grand. Comptes annuels et rapports de l'exercice clos le: 31 août 2004.
10/07/2002	Bodacc B	Modifications et mutations diverses
RCS Beauvais B 525920773 RC 59-B 77 PETIT S.A. Forme : S.A. à directoire. Capital : 500 000 euros. Adresse du siège social : route de Clermont, 60360 Crèvecoeur-le-Grand. Administration : membres du directoire : BES (Eric, Roger, Marcel) M l l e BES (Carinne). PrEsidents du conseil de surveillance : BES (Pierre) BES (Michel). Nouveau membre du conseil de surveillance : BES (Michelle). Membres du conseil de surveillance : M m e FACCHINETTI, nEe BES (Dominique) M m e ECK, nEe BES ( Pascale) M m e BES, nEe KEATES ( Michelle, Georgette). Commissaire aux comptes titulaire : STE D'EXPERTISE COMPTABLE DAMERVAL ET ASSOCIES. Commissaire aux comptes supplEant : DELIE (Christian) Etablissement principal: ActivitE : achat, vente du bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont, 60360 Crèvecoeur-le- Grand. Date d'effet : 28 fEvrier 2002.
15/11/2001	Bodacc B	Modifications et mutations diverses
Ancienne situation du siège social. RCS Beauvais B 525920773 RC 59-B 77 PETIT S. A. Forme : S.A. à directoire. Capital : 1 000 000 de F. Adresse : route de Clermont, 60360 Crèvecoeur-le-Grand Nouvelle situation du siège social. Capital : 500 000 euros Etablissement principal: ActivitE : achat, vente de bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont, 60360 Crèvecoeur-le-Grand. Commentaires : augmentation du capital et conversion en euros. Date d'effet : 28 juin 2001.
12/10/1997	Bodacc B	Modifications et mutations diverses
RCS Beauvais B 525 920 773 RC 59-B 77 PETIT S.A. Forme : S.A. à directoire. Capital : 1 000 000 de F. Adresse du siège social : route de Clermont 60360 Crèvecoeur-le-Grand. Administration : membres du directoire : BES (Eric, Roger, Marcel) Mlle BES (Carinne). PrEsidents du conseil de surveillance : BES (Michel) BES (Pierre). Membres du conseil de surveillance : Mme FACCHINETTI, nEe BES (Dominique) Mme ECK, nEe BES (Pascale). Commissaire aux comptes titulaire : STE D'EXPERTISE COMPTABLE DAMERVAL ET ASSOCIES. Commissaire aux comptes supplEant : DELIE (Christian). Ancien membre du directoire : BES (Pierre) Etablissement principal: ActivitE : achat, vente de bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont 60360 Crèvecoeur-le- Grand. Date d'effet : 30 avril 1997.
12/10/1997	Bodacc B	Modifications et mutations diverses
RCS Beauvais B 525 920 773 RC 59-B 77 PETIT S.A. Forme : S.A. à directoire. Capital : 1 000 000 de F. Adresse du siège social : route de Clermont 60360 Crèvecoeur-le-Grand. Administration : membres du directoire : BES (Eric, Roger, Marcel) Mlle BES (Carinne). PrEsident du conseil de surveillance : BES (Michel). Nomination en qualitE de membre et co-prEsident du conseil de surveillance : BES (Pierre). Membres du conseil de surveillance : Mme FACCHINETTI, nEe BES (Dominique) Mme ECK, nEe BES (Pascale). Commissaire aux comptes titulaire : STE D'EXPERTISE COMPTABLE DAMERVAL ET ASSOCIES. Commissaire aux comptes supplEant : DELIE (Christian) Etablissement principal: ActivitE : achat, vente de bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont 60360 Crèvecoeur-le- Grand. Date d'effet : 4 juillet 1997.
16/06/1996	Bodacc B	Modifications et mutations diverses
Ancienne situation du siège social. RCS Beauvais B 525 920 773 RC 59-B 77 PETIT S.A. Forme : S.A. Capital : 1 000 000 de F. Adresse : route de Clermont 60360 Crèvecoeur-le-Grand. Administration : membres du directoire : BES (Pierre) BES (Eric, Roger, Marcel) Mlle BES ( Carinne). PrEsident du conseil de surveillance : BES (Michel). Membres du conseil de surveillance : Mme FACCHINETTI, nEe BES (Dominique) Mme ECK, nEe BES (Pascale). Commissaire aux comptes titulaire : STE D'EXPERTISE COMPTABLE DAMERVAL ET ASSOCIES. Commissaire aux comptes supplEant : DELIE (Christian). Ancien P.-D.G. : BES (Michel). Anciens administrateurs : BES (Eric) BES (Pierre) Nouvelle situation du siège social. Forme : S.A. à directoire Etablissement principal: ActivitE : achat, vente de bois, transformation et utilisation dans toutes ses applications. Adresse : route de Clermont 60360 Crèvecoeur-le-Grand. Date d'effet : 1er avril 1996.

directors

Name	M. BES ERIC ROGER MARCEL
Manager position	PrEsident	Date of birth	06/05/1961
Place of birth	ERMONT (95120)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
PrEsident	M ERIC BES	06/05/1961 - ERMONT
PrEsident du directoire	M ERIC BES	06/05/1961 - ERMONT
PrEsident du conseil de surveillance	M MICHEL BES	10/01/1935 - PARIS
PrEsident du conseil de surveillance	M PIERRE BES	21/12/1932 - PARIS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.30
UK Pound	1	Rs.82.88
Euro	1	Rs.70.80

INFORMATION DETAILS

Report Prepared by :

MNL

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
----	NB	New Business	----

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)