MIRA INFORM REPORT

Report Date :

25.04.2013

IDENTIFICATION DETAILS

Name :	DAVIMAR BERENICE
Registered Office :	9 Rue Notre Dame Des Victoires, 75002 Paris 2
Country :	France
Financials (as on) :	31.01.2010
Date of Incorporation :	January 1997
Com. Reg. No.:	RCS Paris 9 410 620 520
Legal Form :	Limited Liability Company
Line of Business :	Retail sale of clothing in specialized stores
No. of Employees :	100 to 199 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	A1	A1

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

REGISTERED NAME & COMPANY SUMMARY

DAVIMAR

company summary

Trade name	BERENICE
		EUR VAT Number	FR81410620520
Activity (APE)	Commerce de détail d'habillement en magasin spécialisé (4771Z) (Retail sale of clothing in specialized stores (4771Z))	Legal form	Limited Liability Company
Phone	01 45 51 12 01	RCS Registration	RCS Paris 9 410 620 520
Fax		Share capital	150,000 Euros
Address	DAVIMAR BERENICE 9 RUE NOTRE DAME DES VICTOIRES 75002 PARIS 2	Incorporated Date	01/1997
Nationality	France	Status	Economically active

Trading to Date	01/31/2010	01/31/2009	01/31/2008
Turnover	24,075,585 €	18,650,741 €	10,102,518 €
Gross Operating Surplus	23,53 % Turnover	19,32 % Turnover	23,06 % Turnover
Shareholders’ equity	7,105,263 €	4,345,246 €	2,234,351 €
Net result	2,760,017 €	2,110,896 €	1,254,920 €
Employees	100 to 199 employees	-	-

Company details

Activity (APE)	Commerce de détail d'habillement en magasin spécialisé (4771Z)
RCS Registration	RCS Paris 9 410 620 520	Share capital	150,000 Euros
Registration Court	Paris (75)	Legal form	Limited Liability Company
Court Registry Number	19 9 7B012	EUR VAT Number	FR81410620520
Incorporation Date	01/1997	Formation Date	01/1997
Deregistration Date		Last account Date	31/01/2010
Nationality	France

Establishment details

Trade name	BERENICE
Activity (APE)	Commerce de détail d'habillement en magasin spécialisé (4771Z)	Business Pages FT®
Postal Address	DAVIMAR BERENICE 9 RUE NOTRE DAME DES VICTOIRES 75002 PARIS 2	Trading Address	9 RUE NOTRE DAME DES VICTOIRES 75002 PARIS 2
Telephone	01 45 51 12 01
Fax

Type	Secondary establishment	Status	Economically active
Formation Date	05/2007	Reason for formation	Formation
Closure Date		Reason for closure	No information
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department	Paris (75)	Region	Ile-de-France
District	1	Area	99
City	PARIS 2	Size of urban area	Paris conglomeration

Other establishments

Branches	59 branch entities in this company
Head office	> DAVIMAR <<<  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in PARIS 2  (75002)
Secondary establishments	>  DAVIMAR  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in NEUILLY SUR SEINE  (92200) >  DAVIMAR  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in BORDEAUX  (33000) >  DAVIMAR  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in AVIGNON  (84000) >  DAVIMAR  - Commerce de détail d'habillement en magasin spécialisé (4771Z)  in TOURS  (37000) > ...

Regionality	Legal unit with multiple establishments in many areas having at least 50% of workforce in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

20 to 49 employees

Company workforce

100 to 199 employees

DIRECTORS/MANAGEMENT

Current Directors

1

directors

Name	M. KRIEF FREDERIC
Manager position	Gérant	Date of birth	16/12/1964
Place of birth	PARIS (75012)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Gérant	M FREDERIC KRIEF	16/12/1964 - PARIS 12
Gérant	M FREDERIC KRIEF	16/12/1964 - PARIS (75012)

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

SHARE & SHARE CAPITAL INFORMATION

Share capital

150,000 Euros

PAYMENT INFORMATION

Payment Information Summary - Trade Payment Data
	Total number of Invoices available	3
	Total number of Invoices paid within or up to 30 days after the due date	0
	Total number of Invoices paid more than 30 days after the due date	0
	Total number of Invoices currently outstanding where the due date has not yet been reached	0
	Total number of Invoices currently outstanding beyond the due date	3

FINANCIAL INFORMATION

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/01/2010	31/01/2009	31/01/2008
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	06/05/2011	17/06/2010	-
Activity Code	4771Z	4771Z	4771Z
Employees	139	87	44

Active account

Annual Accounts	31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	11 465 480	41,1%	8 126 690	26,7%	6 415 125	73 215	15560,0%
- Intangible assets	7 553 697	35,2%	5 589 036	15,5%	4 840 641	41 994	17887,6%
- Tangible assets	3 076 696	61,9%	1 900 630	115,2%	883 385	10 915	28087,8%
- Financial assets	842 106	32,2%	637 024	-7,8%	691 099	1 530	54939,6%
Net current assets	8 009 015	35,0%	5 933 740	68,2%	3 528 476	94 222	8400,2%
- Stocks	2 892 957	12,1%	2 580 427	129,9%	1 122 313	43 646	6528,2%
- Advanced payments	0	35,0%	0	0%	0	0	0%
- Receivables	3 925 586	30,3%	3 013 766	34,7%	2 237 098	7 856	49869,3%
- Securities and cash	1 190 472	250,6%	339 547	100,8%	169 065	13 612	8645,8%
- Prepaid expenses	-	-	-	-	-	359	-
Accounts of regularization	40 920	0%	0	0%	0	0	0%
Total Assets	19 515 415	38,8%	14 060 429	41,4%	9 943 601	191 272	10103,0%

Passive Account

Annual Accounts	31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Shareholders' equity	7 105 263	63,5%	4 345 246	94,5%	2 234 351	39 007	18115,4%
Share capital	150 000	0%	150 000	0%	150 000	8 000	1775,0%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	105 500	0%	0	0%	147 927	0	0%
Liabilities	12 304 652	26,7%	9 715 183	28,5%	7 561 323	128 494	9476,1%
- Financial liabilities	6 698 919	44,4%	4 637 635	10,5%	4 197 136	42 816	15545,8%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	3 671 022	14,1%	3 217 867	21,7%	2 644 647	25 530	14279,2%
- Tax and social liabilities	1 903 135	13,8%	1 671 921	132,4%	719 540	20 197,50	9322,6%
- Other debts and fixed assets liabilities	31 576	-83,2%	187 760	0%	0	4 710	570,4%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	19 515 416	38,8%	14 060 429	41,4%	9 943 601	191 289	10102,1%

Results

Annual Accounts	31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Sales of Goods	24 793 632	21,4%	20 430 175	78,9%	11 419 443	240 463	10210,8%
Net turnover	24 075 585	29,1%	18 650 741	84,6%	10 102 518	234 951	10147,1%
- of which net export turnover	1 181 039	-5,4%	1 248 025	53,5%	812 788	0	0%
Operating charges	19 771 310	15,0%	17 192 534	83,1%	9 390 091	234 330	8337,4%
Operating profit/loss	5 022 322	55,1%	3 237 641	59,5%	2 029 352	6 088	82395,4%
Financial income	137 670	-49,3%	271 437	377,4%	56 857	0	0%
Financial charges	656 716	5,5%	622 250	163,1%	236 505	1 619	40463,1%
Financial profit/loss	-519 046	-48,0%	-350 813	-95,3%	-179 648	-1 192	-43444,1%
Pretax net operating income	4 503 276	56,0%	2 886 828	56,1%	1 849 704	3 987	112849,0%
Extraordinary income	332 392	-27,4%	458 001	360,5%	99 463	0	0%
Extraordinary charges	541 283	221,4%	168 424	62,9%	103 407	73	741383,6%
Extraordinary profit/loss	-208 891	-172,1%	289 577	7442,2%	-3 944	0	0%
Net result	2 760 017	30,8%	2 110 896	68,2%	1 254 920	4 225	65225,8%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/01/2010	31/01/2009	31/01/2008
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/01/2010		31/01/2009		31/01/2008
	Grand Total (I to VI)	Net	19 515 415	38,8%	14 060 429	41,4%	9 943 601
	Gross	CO	20 768 189	40,1%	14 821 441	41,7%	10 459 307
	Amortisation	1A	1 252 774	64,6%	761 012	47,6%	515 706

Non declared distributed capital (I)

		31/01/2010		31/01/2009		31/01/2008
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	-	0

Active fixed asset (II)

			31/01/2010		31/01/2009		31/01/2008
	Total Active fixed asset (II)	Net	11 465 480	41,1%	8 126 690	26,7%	6 415 125
	Gross	BJ	12 309 203	43,3%	8 591 147	27,9%	6 718 851
	Amortisation	BK	843 723	81,7%	464 457	52,9%	303 726

Intangilble fixed assets

			31/01/2010		31/01/2009		31/01/2008
	Start-up cost	Net	9 500	0%	0	0%	0
	Gross	AB	9 500	0%	0	0%	0
	Amortisation	AC	7 019	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	22 901	-14,7%	26 842	580,1%	3 947
	Gross	AF	79 482	58,2%	50 246	855,4%	5 259
	Amortisation	AG	56 581	141,8%	23 404	1683,8%	1 312
	Goodwill	Net	7 515 721	35,3%	5 556 694	15,6%	4 806 694
	Gross	AH	7 515 721	35,3%	5 556 694	15,6%	4 806 694
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	5 575	1,4%	5 500	-81,7%	30 000
	Gross	AJ	5 575	1,4%	5 500	-81,7%	30 000
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	7 553 697	35,2%	5 589 036	15,5%	4 840 641

Tangilble fixed assets

			31/01/2010		31/01/2009		31/01/2008
	Lands	Net	0	0%	0	0%	0
	Gross	AN	0	0%	0	0%	0
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	1 211 408	50,2%	806 637	67,4%	481 818
	Gross	AP	1 412 522	57,5%	896 622	81,3%	494 422
	Amortisation	AQ	201 114	123,5%	89 985	613,9%	12 604
	Plant	Net	20 732	-3,4%	21 455	127,5%	9 432
	Gross	AR	34 677	15,6%	30 009	70,8%	17 569
	Amortisation	AS	13 945	63,0%	8 554	5,1%	8 137
	Other tangible fixed assets	Net	1 844 556	72,0%	1 072 538	173,5%	392 135
	Gross	AT	2 409 620	70,3%	1 415 052	110,0%	673 808
	Amortisation	AU	565 064	65,0%	342 514	21,6%	281 673
	Fixed assets in construction	Net	0	0%	0	0%	0
	Gross	AV	0	0%	0	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	3 076 696		1 900 630		883 385

Financial assets

			31/01/2010		31/01/2009		31/01/2008
	Associates at equity	Net	0	0%	0	0%	0
	Gross	CS	0	0%	0	0%	0
	Amortisation	CT	0	0%	0	0%	0
	Other participations	Net	0	0%	0	0%	0
	Gross	CU	0	0%	0	0%	0
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	386 731	33,3%	290 077	-30,2%	415 684
	Gross	BB	386 731	33,3%	290 077	-30,2%	415 684
	Amortisation	BC	0	0%	0	0%	0
	Other investment securities	Net	18 600	-89,0%	169 100	0%	169 100
	Gross	BD	18 600	-89,0%	169 100	0%	169 100
	Amortisation	BE	0	0%	0	0%	0
	Loans	Net	7 000	0%	0	0%	0
	Gross	BF	7 000	0%	0	0%	0
	Amortisation	BG	0		0		0
	Other financial assets	Net	429 775	141,7%	177 847	67,3%	106 315
	Gross	BH	429 775	141,7%	177 847	67,3%	106 315
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		842 106		637 024		691 099

Current Assets (III)

			31/01/2010		31/01/2009		31/01/2008
	Total Assets	Net	8 009 015	35,0%	5 933 740	68,2%	3 528 476
	Gross	CJ	8 418 066	35,1%	6 230 295	66,6%	3 740 455
	Amortisation	CK	409 051	37,9%	296 555	39,9%	211 979

Stocks

			31/01/2010		31/01/2009		31/01/2008
	Raw materials	Net	0	0%	0	0%	0
	Gross	BL	0	0%	0	0%	0
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	181 397	-18,1%	221 383	0%	0
	Gross	BN	181 397	-18,1%	221 383	0%	0
	Amortisation	BO	0	0%	0	0%	0
	Work in progress (services)	Net	2 711 560	0%	0	0%	0
	Gross	BP	3 109 977	0%	0	0%	0
	Amortisation	BQ	398 417	0%	0	0%	0
	Semi-finished and finished products	Net	0	0%	2 359 044	110,2%	1 122 313
	Gross	BR	0	0%	2 644 965	101,5%	1 312 341
	Amortisation	BS	0	0%	285 921	50,5%	190 028
	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	2 892 957	12,1%	2 580 427	129,9%	1 122 313

Advance payments to suppliers

			31/01/2010		31/01/2009		31/01/2008
	Advance payments to suppliers	Net	0	0%	0	0%	0
	Gross	BV	0	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/01/2010		31/01/2009		31/01/2008
	Trade accounts receivable	Net	2 751 662	34,3%	2 049 406	23,2%	1 663 859
	Gross	BX	2 762 296	34,1%	2 060 040	22,2%	1 685 810
	Amortisation	BY	10 634	0%	10 634	-51,6%	21 951
	Other debtors	Net	979 937	27,5%	768 405	73,9%	441 984
	Gross	BZ	979 937	27,5%	768 405	73,9%	441 984
	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	3 731 599	32,4%	2 817 811	33,8%	2 105 843

Divers

			31/01/2010		31/01/2009		31/01/2008
	Investment securities	Net	16 102	-46,7%	30 228	-1,0%	30 523
	Gross	CD	16 102	-46,7%	30 228	-1,0%	30 523
	Amortisation	CE	0	0%	0	0%	0
	Cash and cash equivalents	Net	1 174 370	279,7%	309 319	123,3%	138 542
	Gross	CF	1 174 370	279,7%	309 319	123,3%	138 542
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	1 190 472	250,6%	339 547	100,8%	169 065

Prepaid expenses

			31/01/2010		31/01/2009		31/01/2008
	Prepaid expenses	Net	193 987	-1,0%	195 955	49,3%	131 255
	Gross	CH	193 987	-1,0%	195 955	49,3%	131 255
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/01/2010		31/01/2009		31/01/2008
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	-	-
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	-	-
Currency differential gain	CN3	40 920	0%	0	0%	0
Gross		40 920	0%	0	-	-

References

		31/01/2010		31/01/2009		31/01/2008
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Grand Total - Passive Accounts (I to IV)

		31/01/2010		31/01/2009		31/01/2008
Grand Total (I to V)	EE	19 515 416	38,8%	14 060 429	41,4%	9 943 601

Shareholder Equity (I)

			31/01/2010		31/01/2009		31/01/2008
	Total shareholders' equity (Total I)	DL	7 105 263	63,5%	4 345 246	94,5%	2 234 351
	Equity and shareholders' equity	DA	150 000	0%	150 000	0%	150 000
	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	15 000	0%	15 000	900%	1 500
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	0	0%	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	4 180 246	102,0%	2 069 350	149,9%	827 931
	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	2 760 017	30,8%	2 110 896	68,2%	1 254 920
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

			31/01/2010		31/01/2009		31/01/2008
	Total other capital resources (Total II)	DO	0	0%	0	0%	0
	Income from participating securities	DM	0	0%	0	0%	0
	Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

			31/01/2010		31/01/2009		31/01/2008
	Total provisions for risks and charges (Total III)	DR	105 500	0%	0	0%	147 927
	Risk provisions	DP	105 500	0%	0	0%	0
	Reserves for charges	DQ	0	0%	0	0%	147 927

Liabilities (IV)

			31/01/2010		31/01/2009		31/01/2008
	Total Liabilities (Total IV)	EC	12 304 652	26,7%	9 715 183	28,5%	7 561 323
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	6 698 919	44,4%	4 637 635	17,5%	3 946 026
	Sundry loans and financial liabilities	DV	0	0%	0	0%	251 110
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	3 671 022	14,1%	3 217 867	21,7%	2 644 647
	Tax and social security liabilities	DY	1 903 135	13,8%	1 671 921	132,4%	719 540
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	31 576	-83,2%	187 760	0%	0

Translation loss (V)

		31/01/2010		31/01/2009		31/01/2008
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/01/2010		31/01/2009		31/01/2008
Deferred income	EB	0	0%	0	0%	0

References

		31/01/2010		31/01/2009		31/01/2008
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	7 008 256	21,3%	5 776 290	30,3%	4 433 343
Of which current bank facilities	EH	41 002	-22,7%	53 029	-86,8%	402 970

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)

		31/01/2010		31/01/2009		31/01/2008
Operating result (Total I-II)	GG	5 022 322	55,1%	3 237 641	59,5%	2 029 352

2 - Financial result (V - VI)

		31/01/2010		31/01/2009		31/01/2008
Financial result (Total V-VI)	GV	-519 046	-48,0%	-350 813	-95,3%	-179 648

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

		31/01/2010		31/01/2009		31/01/2008
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	4 503 276	56,0%	2 886 828	56,1%	1 849 704

4 - Extraordinary result (VII-VIII)

		31/01/2010		31/01/2009		31/01/2008
Extraordinary result (Total VII-VIII)	HI	-208 891	-172,1%	289 577	7442,2%	-3 944

Profit or loss

		31/01/2010		31/01/2009		31/01/2008
Profit or loss	HN	2 760 017	30,8%	2 110 896	68,2%	1 254 920

Total Income (I+III+V+VII)

		31/01/2010		31/01/2009		31/01/2008
Total Income (I+III+V+VII)	HL	25 263 694	19,4%	21 159 613	82,8%	11 575 763

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

		31/01/2010		31/01/2009		31/01/2008
Total charges (Total II+IV+VI+VIII+IX+X)	HM	22 503 678	18,1%	19 048 714	84,6%	10 320 843

Operating income (I)

		31/01/2010		31/01/2009		31/01/2008
Total operating income (Total I)	FR	24 793 632	21,4%	20 430 175	78,9%	11 419 443

Operating income (details)

			31/01/2010		31/01/2009		31/01/2008
	Sale of goods for resale	FC	23 959 186	29,0%	18 575 250	84,2%	10 086 173
	France	FA	22 793 018	31,5%	17 338 387	86,9%	9 277 223
	Export	FB	1 166 168	-5,7%	1 236 863	52,9%	808 950
	Sale of goods produced	FF	0	0%	0	0%	0
	France	FD	0	0%	0	0%	0
	Export	FE	0	0%	0	0%	0
	Sale of services	FI	116 399	54,2%	75 491	361,9%	16 345
	France	FG	101 528	57,8%	64 329	414,3%	12 507
	Export	FH	14 871	33,2%	11 162	190,8%	3 838
	Net turnover	FL	24 075 585	29,1%	18 650 741	84,6%	10 102 518
	France	FJ	22 894 546	31,6%	17 402 716	87,3%	9 289 730
	Export	FK	1 181 039	-5,4%	1 248 025	53,5%	812 788
	Stocked production	FM	425 026	-72,6%	1 554 007	18,4%	1 312 341
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	5 470	-48,2%	10 551	198,8%	3 531
	Release of reserves and provisions	FP	286 810	34,7%	212 897	0%	0
	Other income	FQ	741	-62,6%	1 979	87,8%	1 054

Operating charges (II)

		31/01/2010		31/01/2009		31/01/2008
Total operating charges (Total II)	GF	19 771 310	15,0%	17 192 534	83,1%	9 390 091

Exploitation charges

		31/01/2010		31/01/2009		31/01/2008
Purchase of goods for resale	FS	6 942 715	-0,5%	6 978 337	78,7%	3 904 079
Change in stocks of goods for resale	FT	0	0%	0	0%	247 820
Purchase of raw materials	FU	842 264	-34,3%	1 282 281	247,0%	369 495
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	5 981 019	16,8%	5 122 911	53,6%	3 334 246
Tax, duty and similar payments	FX	369 463	66,5%	221 949	240,6%	65 168
Payroll	FY	3 496 318	59,2%	2 195 904	152,6%	869 407
Social security costs	FZ	1 209 787	49,3%	810 312	171,0%	299 028

Depreciation

		31/01/2010		31/01/2009		31/01/2008
Depreciation of fixed assets	GA	397 033	64,2%	241 745	231,0%	73 035
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	398 417	34,3%	296 555	39,9%	211 979
Provisions for risks and charges	GD	105 500	0%	0	0%	0

Other charges

		31/01/2010		31/01/2009		31/01/2008
Other charges	GE	28 794	-32,3%	42 540	168,7%	15 833

Operating charges (III-IV)

		31/01/2010		31/01/2009		31/01/2008
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

			31/01/2010		31/01/2009		31/01/2008
	Total financial income (Total V)	GP	137 670	-49,3%	271 437	377,4%	56 857
	Share financial income	GJ	8 849	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	06	100%	03	-99,9%	2 751
	Released provisions and transferred charges	GM	0	0%	0	0%	0
	Exchange gains	GN	128 815	-52,5%	271 434	401,7%	54 106
	Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

			31/01/2010		31/01/2009		31/01/2008
	Total financial charge (Total VI)	GU	656 716	5,5%	622 250	163,1%	236 505
	Financial reserves and provisions	GQ	0	0%	0	0%	0
	Interest and similar charges	GR	451 495	14,3%	395 031	194,4%	134 175
	Exchange losses	GS	205 221	-9,6%	226 923	121,8%	102 330
	Net loss from disposal of investment securities	GT	0	0%	296	0%	0

Extraordinary income (VII)

			31/01/2010		31/01/2009		31/01/2008
	Total extraordinary income (Total VII)	HD	332 392	-27,4%	458 001	360,5%	99 463
	Extraordinary operating income	HA	303 777	181,3%	108 001	8,6%	99 463
	Extraordinary income from capital transactions	HB	28 615	-91,8%	350 000	0%	0
	Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

			31/01/2010		31/01/2009		31/01/2008
	Total extraordinary charges (Total VIII)	HH	541 283	221,4%	168 424	62,9%	103 407
	Extraordinary operating charges	HE	540 227	227,3%	165 066	2006,2%	7 837
	Extraordinary charges from capital transactions	HF	1 056	-52,4%	2 219	-97,7%	95 570
	Extraordinary reserves and provisions	HG	0	0%	1 139	0%	0

Employee profit sharing (IX)

		31/01/2010		31/01/2009		31/01/2008
Employee profit sharing (Total IX)	HJ	308 706	-11,6%	349 161	0%	0

Tax on profits (X)

		31/01/2010		31/01/2009		31/01/2008
Tax on profits (Total X)	HK	1 225 663	71,1%	716 345	21,2%	590 840

References

		31/01/2010		31/01/2009		31/01/2008
Of which equipment leases	HP	4 578	-48,7%	8 932	39,7%	6 394
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	0	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/01/2010		31/01/2009		31/01/2008
	Gross value at begin of period	OG	0	0%	0	0%	1 515 808
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	5 591 876
	Decreasess by budget item transfer	OK1	5 865	-99,2%	694 599	0%	0
	Decreasess by transfers	OK2	233 275	11,1%	209 979	-19,5%	260 771
	Gross value at the end of period	OL	12 309 202	43,3%	8 591 147	27,9%	6 718 851

Research and development Charge (Total I)

			31/01/2010		31/01/2009		31/01/2008
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	9 500	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	9 500	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/01/2010		31/01/2009		31/01/2008
	Gross value at begin of period	KD	5 612 440	15,9%	4 841 953	518,0%	783 513
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	1 991 097	150,5%	794 987	-80,4%	4 058 440
	Decreasess by budget item transfer	LV1	0	0%	24 500	0%	0
	Decreasess by transfers	LV2	2 759	0%	0	0%	0
	Gross value at the end of period	LW	7 600 778	35,4%	5 612 440	15,9%	4 841 953

Tangible fixed assets (Total III)

		31/01/2010		31/01/2009		31/01/2008
Gross value at begin of period	LN	2 341 683	97,5%	1 185 800	179,2%	424 740
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	1 536 325	-19,6%	1 910 356	87,0%	1 021 830
Decreasess by budget item transfer	NG1	5 865	-99,1%	670 100	0%	0
Decreasess by transfers	NG2	15 324	-81,8%	84 373	-67,6%	260 771
Gross value at the end of period	NH	3 856 819	64,7%	2 341 683	97,5%	1 185 799

Fiancial assets (Total IV)

			31/01/2010		31/01/2009		31/01/2008
	Gross value at begin of period	LQ	637 024	-7,8%	691 099	124,7%	307 555
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	420 273	487,5%	71 531	-86,0%	511 606
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	215 192	71,3%	125 607	0%	0
	Gross value at the end of period	NK	842 105	32,2%	637 023	-7,8%	691 099

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

			31/01/2010		31/01/2009		31/01/2008
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	231 990
Increases		0P	0	0%	0	0%	73 035
Decreasess		0Q	0	0%	0	0%	1 299
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	303 726

Research and development charge (Total I)

			31/01/2010		31/01/2009		31/01/2008
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/01/2010		31/01/2009		31/01/2008
	Reserve for depreciation value at begin of period	PE	23 404	1683,8%	1 312	237,3%	389
Increases		PF	34 880	57,9%	22 092	2293,5%	923
Decreasess		PG	1 703	0%	0	0%	0
	Decreasess by budget item transfer	PH	56 581	141,8%	23 404	1683,8%	1 312

Total fixed assets amotisation (Total III)

			31/01/2010		31/01/2009		31/01/2008
	Reserve for depreciation value at begin of period	QU	441 053	45,8%	302 414	30,6%	231 600
Increases		QV	355 133	60,8%	220 792	206,2%	72 112
Decreases		QW	16 064	-80,4%	82 153	6224,3%	1 299
	Decreasess by budget item transfer	QX	780 122	76,9%	441 053	45,8%	302 414

Movements during period affecting charge allocated over several period
Charges à répartir ou frais d'émission d'emprunt

			31/01/2010		31/01/2009		31/01/2008
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/01/2010		31/01/2009		31/01/2008
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	9 500	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)

			31/01/2010		31/01/2009		31/01/2008
	Value at begining of period	7C	296 555	-17,6%	359 906	0%	0
Increases		UB	503 917	69,9%	296 555	-17,6%	359 906
Decreases		UC	285 921	-20,6%	359 906	0%	0
	Value at the end of period	UD	514 551	73,5%	296 555	-17,6%	359 906

Includes Total allocations

Operating	UE	503 917	69,9%	296 555	39,9%	211 979
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	285 921	34,9%	211 979	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			31/01/2010		31/01/2009		31/01/2008
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/01/2010		31/01/2009		31/01/2008
	Value at begining of period	5Z	0	0%	147 927	0%	0
Increases		TV	105 500	0%	0	0%	147 927
Decreases		TW	0	0%	147 927	0%	0
	Value at the end of period	TX	105 500	0%	0	0%	147 927

Total Provision for depreciation (Total III)

			31/01/2010		31/01/2009		31/01/2008
	Value at begining of period	7B	296 555	39,9%	211 979	0%	0
Increases		TY	398 417	34,3%	296 555	39,9%	211 979
Decreases		TZ	285 921	34,9%	211 979	0%	0
	Value at the end of period	UA	409 051	37,9%	296 555	39,9%	211 979

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

		31/01/2010		31/01/2009		31/01/2008
Gross value	VT	4 759 726	36,3%	3 492 324	25,6%	2 781 049
1 year at most	VU	4 329 951	30,6%	3 314 477	46,7%	2 259 050
More than one year	VV	429 775	141,7%	177 847	-65,9%	521 999

State of loans

		31/01/2010		31/01/2009		31/01/2008
Claims related to holdings (gross)	UL	386 731	33,3%	290 077	-30,2%	415 684
Claims related to shareholdings (1 year at most)	UM	386 731	33,3%	290 077	0%	0
Loans (gross)	UP	7 000	0%	0	0%	0
Loans (1 year at most)	UR	7 000	0%	0	0%	0
Other financial assets (gross)	UT	429 775	141,7%	177 847	67,3%	106 315
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/01/2010		31/01/2009		31/01/2008
Customers doubtful or disputed	VA	114 321	93,4%	59 097	-9,3%	65 190
Other claims customer	UX	2 647 975	32,3%	2 000 943	23,5%	1 620 620
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	6 641	4,4%	6 359	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	88 333
Value added tax	VB	42 433	-86,4%	312 071	149,5%	125 091
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	482 103	10,2%	437 538	241,7%	128 062
Accounts receivable (including claims relating to the operation of pension titles)	VR	448 760	3508,3%	12 437	-87,6%	100 499

Prepaid

		31/01/2010		31/01/2009		31/01/2008
Prepaid	VS	193 987	-1,0%	195 955	49,3%	131 255

State Debt

			31/01/2010		31/01/2009		31/01/2008
	Total debt (gross)	VY	12 304 652	26,7%	9 715 183	28,5%	7 561 324
1 year at most		VZ2	7 008 255	21,3%	5 776 290	30,3%	4 433 342
More than 1 year and 5 years at most		VZ3	4 655 952	44,2%	3 229 744	58,2%	2 041 729
More than 5 years		VZ4	640 445	-9,7%	709 149	-34,7%	1 086 252

Details

			31/01/2010		31/01/2009		31/01/2008
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	62 474	17,8%	53 029	-86,8%	402 970
1 year at most		VG2	62 474	17,8%	53 029	-86,8%	402 970
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	6 636 445	44,8%	4 584 606	29,4%	3 543 056
1 year at most		VH2	1 340 048	107,5%	645 713	55,6%	415 075
More than 1 year and 5 years at most		VH3	4 655 952	44,2%	3 229 744	58,2%	2 041 729
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	251 110
1 year at most		8A2	0	0%	0	0%	251 110
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	3 671 022	14,1%	3 217 867	21,7%	2 644 647
1 year at most		8B2	3 671 022	14,1%	3 217 867	21,7%	2 644 647
More than 1 year and 5 years at most		8B3	3 671 022	14,1%	3 217 867	0%	0
	Personnel and associated accounts (gross)	8C1	584 225	-11,5%	659 774	391,2%	134 312
1 year at most		8C2	584 225	-11,5%	659 774	391,2%	134 312
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	339 655	87,0%	181 660	325,5%	42 695
1 year at most		8D2	339 655	87,0%	181 660	325,5%	42 695
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	122 060	-23,5%	159 608	-41,2%	271 460
1 year at most		8E2	122 060	-23,5%	159 608	-41,2%	271 460
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	707 513	21,3%	583 151	139,9%	243 108
1 year at most		VW2	707 513	21,3%	583 151	139,9%	243 108
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	149 683	70,6%	87 728	213,7%	27 965
1 year at most		VQ2	149 683	70,6%	87 728	213,7%	27 965
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	0	0%	0	0%	0
1 year at most		VI2	0	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	31 576	-83,2%	187 760	0%	0
1 year at most		8K2	31 576	-83,2%	187 760	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/01/2010		31/01/2009		31/01/2008
Loans made during the period	VJ	3 124 500	103,4%	1 536 140	43,6%	1 070 000
Debt repaid during the period	VK	786 759	54,5%	509 085	281,6%	133 424

Table allocation results and other information
Dividends distributed

		31/01/2010		31/01/2009		31/01/2008
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/01/2010		31/01/2009		31/01/2008
Commitments leasing furniture	YQ	5 544	0%	0	0%	17 102
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

		31/01/2010		31/01/2009		31/01/2008
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/01/2010		31/01/2009		31/01/2008
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/01/2010		31/01/2009		31/01/2008
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/01/2010		31/01/2009		31/01/2008
Average number of employees	YP	139	59,8%	87	97,7%	44

Groups and Shareholders

		31/01/2010		31/01/2009		31/01/2008
Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

Ratios
Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

		31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Fixed Asset Financing		1,20	10,1%	1,09	13,5%	0,96	1,24	-3,2%
Global Debt		184 days	-2,1%	188 days	-30,1%	269 days	182 days	1,1%
Working Capital Fund overall net		36 days	125,0%	16 days	277,8%	-9 days	38 days	-5,3%
Financial independence		105,92%	13,0%	93,70%	65,5%	56,62%	92,71%	14,2%
More ratios
Solvability		36,41%	17,8%	30,90%	37,5%	22,47%	24,41%	49,2%
Capacity debt futures		506,61%	-18,5%	621,87%	127,7%	273,13%	383,39%	32,1%
Coverage of current assets by net working capital overall		29,16%	120,2%	13,24%	301,8%	-6,56%	29,42%	-0,9%
General Liquidity		0,62	8,8%	0,57	11,8%	0,51	0,09	588,9%
Restricted Liquidity		0,79	25,4%	0,63	14,5%	0,55	0,31	154,8%

Management or rotation

		31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Need background in operating working capital		15 days	150,0%	6 days	220,0%	-5 days	0 days	0%
Treasury		17 days	183,3%	6 days	175,0%	-8 days	2 days	750,0%
Inventory turnover of goods		0 days	0%	0 days	0%	0 days	147 days	0%
Average length of credit granted to customers		41 days	2,5%	40 days	-33,3%	60 days	0 days	0%
Average length of credit obtained suppliers		96 days	10,3%	87 days	-28,1%	121 days	50 days	92,0%
More ratios
Inventory turnover of raw materials in industrial enterprises		0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	498 days	-
Rotation tangible assets		624,23%	-21,6%	796,47%	-6,5%	851,96%	565,70%	10,3%

Profitability of the business

		31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Margin trading		70,68%	13,7%	62,18%	5,9%	58,74	42,58%	66,0%
Profitability of the business		23,53	21,8%	19,32	-16,2%	23,06	4,43%	431,2%
Net profit		11,46%	1,2%	11,32%	-8,9%	12,42%	1,84%	522,8%
More ratios
Growth rate of turnover (excluding VAT)		29,09%	-65,6%	84,61%	-43,5%	149,73%	-0,67%	4441,8%
Rates integration		44,59%	21,9%	36,57%	3,8%	35,23%	25,07%	77,9%
Rate leasing furniture		0,02%	-60,0%	0,05%	-16,7%	0,06%	0%	0%
Work Factor		43,84%	-0,5%	44,07%	34,2%	32,83%	71,55%	-38,7%
Weight interests		2,73	-18,3%	3,34%	42,7%	2,34%	0,66%	313,6%

Return on capital

		31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Cash flow from the overall profitability		11,81%	22,8%	9,62%	-31,7%	14,09%	3,98%	196,7%
Rates of economic profitability		41%	2,5%	40%	11,1%	36%	10,79%	280,0%
Financial profitability		7105263%	63,5%	4345246%	94,5%	2234351%	4477,50%	158588,2%
Return on investment		24,75%	-18,7%	30,43%	31,2%	23,19%	7,33%	237,7%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/01/2010		31/01/2009		31/01/2008	Sector Median 2010
Turnover	24 075 585	29,1%	18 650 741	84,6%	10 102 518	234 951 €	10147,1%

Sales of goods	23 959 186	29,0%	18 575 250	84,2%	10 086 173
- Purchase of goods	6 942 715	-0,5%	6 978 337	78,7%	3 904 079
+/- Stock of goods variation	0	0%	0	0%	247 820
Trading margin	17 016 471 €	46,7%	11 596 913 €	95,4%	5 934 274 €	94 649 €	17878,5%
	70,68 % CA	13,7%	62,18 % CA	5,9%	58,74 % CA	42,90 % CA	64,8%

Sale of goods produced	116 399	54,2%	75 491	361 9%	16 345
+/- Stocked production	425 026	-72,6%	1 554 007	18,4%	1 312 341
+ Self-constructed assets	0	0%	0	0%	0
Period production	541 425 €	-66,8%	1 629 498 €	22,6%	1 328 686 €	0 €	0%
	2,25 % CA	-74,3%	8,74 % CA	-33,5%	13,15 % CA	0 % CA	0%

Trading margin	17 016 471	46,7%	11 596 913	95,4%	5 934 274	94 649	17878,5%
+ Period Production	541 425	-66,8%	1 629 498	22,6%	1 328 686	0	0%
- Purchase of raw materials	842 264	-34,3%	1 282 281	247,0%	369 495
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	5 981 019	16,8%	5 122 911	53,6%	3 334 246
Added value	10 734 613 €	57,4%	6 821 219 €	91,6%	3 559 219 €	60 940 €	17515,1%
	44,59 % CA	21,9%	36,57 % CA	3,8%	35,23 % CA	25,06 % CA	77,9%

Added value	10 734 613 €	57,4%	6 821 219 €	91,6%	3 559 219 €	60 940 €	17515,1%
+ Operating grants	5 470	-48,2%	10 551	198,8%	3 531
- Tax, duty and similar payments	369 463	66,5%	221 949	240,6%	65 168
- Personal charges	4 706 105	56,5%	3 006 216	157,3%	1 168 435
Gross operating surplus	5 664 515 €	57,2%	3 603 605 €	54,7%	2 329 147 €	9 599 €	58911,5%
	23,53 % CA	21,8%	19,32 % CA	-16,2%	23,06 % CA	4,43 % CA	431,2%

Gross operating surplus	5 664 515 €	57,2%	3 603 605 €	54,7%	2 329 147 €	9 599 €	58911,5%
+ Release of reserves and provisions	286 810	34,7%	212 897	0%	0
+ Other operating income	741	-62,6%	1 979	87,8%	1 054
- Depreciation/Amortisation	900 950	67,4%	538 300	88,9%	285 014
- Other charges	28 794	-32,3%	42 540	168,7%	15 833
Operating result	5 022 322 €	55,1%	3 237 641 €	59,5%	2 029 354 €	6 084 €	82449,7%
	20,86 % CA	20,2%	17,36 % CA	-13,6%	20,09 % CA	2,75 % CA	658,5%

Operating result	5 022 322 €	55,1%	3 237 641 €	59,5%	2 029 354 €	6 084 €	82449,7%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	137 670	-49,3%	271 437	377,4%	56 857
- Financial charges	656 716	5,5%	622 250	163,1%	236 505
Pre-tax result	4 503 276 €	56,0%	2 886 828 €	56,1%	1 849 706 €	3 955 €	113762,9%
	18,70 % CA	20,8%	15,48 % CA	-15,5%	18,31 % CA	1,85 % CA	910,8%

Extraordinary income	332 392	-27,4%	458 001	360,5%	99 463	0	0%
- Extraordinary charges	541 283	221,4%	168 424	62,9%	103 407
Extraordinary result	-208 891 €	-172,1%	289 577 €	7442,2%	-3 944 €	0 €	0%
	-0,87 % CA	-156,1%	1,55 % CA	3975,0%	0 % CA	0 % CA	0%

Pre-tax result	4 503 276 €	56,0%	2 886 828 €	56,1%	1 849 706 €	3 955 €	113762,9%
Extraordinary result	-208 891 €	-172,1%	289 577 €	7442,2%	-3 944 €	0 €	0%
- Employee profit sharing	308 706	-11,6%	349 161	0%	0
- Tax on profits	1 225 663	71,1%	716 345	21,2%	590 840
Net result	2 760 016 €	30,8%	2 110 899 €	68,2%	1 254 922 €	4 202 €	65583,4%
	11,46 % CA	1,2%	11,32 % CA	-8,9%	12,42 % CA	1,84 % CA	522,8%

ADDITIONAL INFORMATION

No social security and tax office preferential right to date

Trends

Profitability

Liquidity

Net worth

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

Preferential rights details and history

Summary of preferential rights

Company monitored since	23/01/2009
Status of Monitoring	No social security and tax office preferential right to date

Social security, pension funds preferential rights

Number of preferential rights	0
Total amount	-
Due remaining amount	-
Date of last preferential right	-

Historical Data

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

30822747

17/11/2008

17/05/2011

URSSAF DD PARIS 4

28 184 EUR

-

Reason for closure	Void
Court	Paris
Creditor	URSSAF DD PARIS 4 430-3 R FRANKLIN BP 93518, MONTREUIL CEDEX
Debtor	DAVIMAR 9 R NOTRE DAME DES VICTO 75002 IRES, PARIS

Group data

Linkages

No linked companies

event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
15/12/2011	JAL	End of rent-management
Messager (Le) - L'Essor savoyard Date de décision : 03/02/2009 Locataire gérant : 410620520 - DAVIMAR, 9 RUE NOTRE DAME DES VICTOIRES, 75002 PARIS 2 sDate d’effet : 30/06/2010
08/08/2011	JAL	Start of rent-management
Petites Affiches Lyonnaises (Les) Date de décision : 01/12/2010 Bailleur : 503477358 - CBHG, BERENICE, 4 RUE DE SEZE, 69006 LYON 6EME Locataire gérant : 410620520 - DAVIMAR, 9 RUE NOTRE DAME DES VICTOIRES, 75002 PARIS 2 Date d’effet : 01/12/2010 pour une durée de 1 mois
08/08/2011	JAL	Start of rent-management
Petites Affiches Lyonnaises (Les) Date de décision : 01/12/2010 Bailleur : 449630813 - ADNT, BERENICE, 25 RUE DE BREST, 69002 LYON 2EME Locataire gérant : 410620520 - DAVIMAR, 9 RUE NOTRE DAME DES VICTOIRES, 75002 PARIS 2 Date d’effet : 01/12/2010 pour une durée de 1 mois
10/06/2011	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7756 - 410620520 RCS. DAVIMAR. Forme : Société à responsabilité limitée. Adresse : 9 rue Notre-Dame des Victoires 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/01/2010.
19/08/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 4357 - 410620520 RCS. DAVIMAR. Forme : Société à responsabilité limitée. Adresse : 9 R NOTRE DAME DES VICTOIRES 75002 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/01/2009.
24/02/2010	Bodacc A	Vente et cession : Acheteur
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 744 - 410 620 520 RCS Paris. DAVIMAR. Forme : Société à responsabilité limitée. Capital : 150000 EUR. Adresse : 9 rue Notre-Dame des Victoires, 75002 Paris. Origine du fonds : Droit au bail acquis par achat au prix stipulé de 500000,00 euros. Etablissement : Etablissement principal. Activité : Droit au bail portant sur des locaux. Adresse : 46 rue des Abbesses, 75018 Paris. Précédent propriétaire : KENDOSA. 443 592 951 RCS Paris. Date de commencement de l’activité : 08/02/2010. Publication légale : Le nouvel économiste du 11/02/2010. Oppositions : Au fonds cédé 46 rue des Abbesses 75018 Paris pour la validité , SARL DAVIMAR 9 rue Notre Dame des Victoires 75002 Paris pour la correspondance . Descriptif : . Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
21/08/2009	Bodacc A	Vente et cession : Acheteur
31 - HAUTE-GARONNE GREFFE DU TRIBUNAL DE COMMERCE DE TOULOUSE 172 - 410 620 520 RCS Paris. DAVIMAR. Forme : Société à Responsabilité Limitée. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris. Origine du fonds : Nouvelle branche d'activité. Fonds acquis par achat au prix stipulé de 650000 EUR. Etablissement : Etablissement secondaire. Activité : Partie d'activité concernée : Achat du droit au bail portant sur les locaux commerciaux situés 19 rue Saint Antoine du T 31000 TOULOUSE. Adresse : 19 rue Saint-Antoine du T, 31000 Toulouse. Précédent propriétaire : ARRU TOULOUSE. 338 625 734 RCS Toulouse. Date de commencement de l’activité : 01/01/0001. Publication légale : La Gazette du Midi du 10/08/2009. Oppositions : Pour la validité 19 rue Saint-Antoine du T 31000 TOULOUSE et pour la correspondance chez DAVIMAR 9 rue Notre Dame des Victoires 75002 PARIS. Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
11/08/2009	Bodacc A	Vente et cession : Acheteur
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 2070 - 410 620 520 RCS Nanterre. DAVIMAR. Forme : Société à responsabilité limitée. Capital : 150000 EUR. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris. Origine du fonds : Achat de droit au bail. Etablissement : Etablissement principal. Activité : cession de droit au bail de locaux commerciaux. Adresse : 136 boulevard Jean Jaurès, 92100 Boulogne Billancourt. Précédent propriétaire : YUMI MAZAO. 331 346 411 RCS Paris. Date de commencement de l’activité : 01/01/0001. Publication légale : Le publicateur légal du 31/07/2009. Oppositions : Au lieu du bail cédé pour la validité et pour la correspondance DAVIMAR 9 rue NOTRE DAME DES VICTOIRES 75002 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 340000 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
05/07/2009	Bodacc A	Vente et cession : Acheteur
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE D'AIX-EN-PROVENCE 141 - 410 620 520 RCS Paris. DAVIMAR. Forme : Société à responsabilité limitée. Capital : 150000 EUR. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris. Origine du fonds : Fonds acquis par achat au prix stipulé de 650000 Euros. Etablissement : Établissement secondaire. Activité : droit au bail commercial. Adresse : 11 bis rue Marius Reynaud, 13100 Aix-en-Provence. Précédent propriétaire : COMPTOIR DES COTONNIERS FRANCE. 403 412 489 RCS Paris. Date de commencement de l’activité : 31/07/2009. Publication légale : LES NOUVELLES PUBLICATIONS du 22/05/2009. Oppositions : pour la validité à l'adresse du bail cédé et pour la correspondance chez DAVIMAR au 9, rue Notre Dame-des-Victoires 75002 PARIS. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
03/04/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 9153 - 410620520 RCS. DAVIMAR. Forme : Société à responsabilité limitée. Adresse : 9 rue Notre-Dame des Victoires 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/01/2008.
23/07/2008	Bodacc A	Vente et cession : Vendeur
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1251 - 682 042 049 RCS paris. ARCHA. Forme : Société par actions simplifiée. Capital : 50000 EUR. Adresse : 50 rue D Aboukir 1ER Etage, 75002 Paris. Origine du fonds : Droit au bail acquis par achat au prix stipulé de 350000,00 euros. Etablissement : Etablissement principal. Activité : Cession de droit au bail. Adresse : 14 rue Jean Bologne, 75016 Paris. Précédent propriétaire : DAVIMAR. 410 620 520 RCS Paris. Date de commencement de l’activité : 01/01/2009. Publication légale : Le publicateur légal du 25/06/2008. Oppositions : au bail cécé 14 rue Jean Bologne 75016 Paris pour la validité , au bail cédé 14 rue Jean Bologne 75016 Paris pour la correspondance . Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
22/05/2008	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1380 - 410 620 520 RCS Paris. DAVIMAR. Forme : Société à responsabilité limitée. Administration : nomination du Commissaire aux comptes titulaire : FIDUCIAIRE SAINT-MARTIN, nomination du Commissaire aux comptes suppléant : Mercadal, Pierre. Capital : 150000 EUR. Adresse du siège social : 9 rue Notre-Dame des Victoires, 75002 Paris. Commentaires : modification survenue sur l'administration.
29/04/2008	Bodacc A	Vente et cession : Acheteur
06 - ALPES-MARITIMES GREFFE DU TRIBUNAL DE COMMERCE DE NICE 89 - 410 620 520 RCS Nice. DAVIMAR. Forme : Société à responsabilité limitée. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris. Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissemennt complémentaire. Activité : commerce au détail d'habillement de prêt à porter textile maroquinerie chaussures et accessoires de mode. Adresse : 2 à 8 rue Alphonse Karr, 6000 Nice. Précédent propriétaire : T. P 2. 480 620 384 RCS Nice. Date de commencement de l’activité : 27/02/2008. Publication légale : L'avenir du 22/03/2008. Oppositions : Au siège du fonds vendu pour la validité et pour la correspondance Me Laurence PARENT-MUSARRA Le Cérès 2 rue Elise 06140 VENCE. Descriptif : Etablissement secondaire/complémentaire acquis par achat au prix stipulé de 600000 Euros. Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
22/04/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6129 - 410620520 RCS. DAVIMAR. Forme : Société à responsabilité limitée. Adresse : 9 rue Notre-Dame des Victoires 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/01/2007.
04/04/2008	Bodacc A	Vente et cession : Acheteur
06 - ALPES-MARITIMES GREFFE DU TRIBUNAL DE COMMERCE DE NICE 286 - 410 620 520 RCS Nice. DAVIMAR. Forme : Société à responsabilité limitée. Capital : 150000 EUR. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris. Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : distribution par tous moyens et notamment achat, revente de produits manufacturés tels que chaussures, Acessoires, bagagerie, habillement pour homme, femme, enfant et tous produits connexes et dérivés. Adresse : 2à8 rue Alphonse Karr, Résidence du Palace, 6000 Nice. Précédent propriétaire : T. P 2. 480 620 384 RCS Nice. Publication légale : L'avenir du 22/03/2008. Oppositions : Au fonds vendu pour la validité et pour la correspondance Cabinet de Me PARENT MUSARRA 2 Rue Elise Le Cérès 06140 VENCE. Descriptif : Fonds acquis par achat au prix stipulé de 600000 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
03/04/2008	Bodacc A	Vente et cession : Acheteur
83 - VAR GREFFE DU TRIBUNAL DE COMMERCE DE SAINT-TROPEZ 4935 - 410 620 520 RCS Saint-Tropez. DAVIMAR. Forme : Société à responsabilité limitée. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris 02. Origine du fonds : Cession de droit au bail moyennant une indemnité de 1375000 Euros. Etablissement : Établissement secondaire. Activité : DROIT AU BAIL. Adresse : 3 rue François Sibilli, 83990 Saint-Tropez. Précédent propriétaire : SCARABE. 331 860 395 RCS Paris. Date de commencement de l’activité : 11/12/2007. Publication légale : var information du 23/01/2008. Oppositions : les oppositions s'il y a lieu, seront reçues dans les dix jours de la dernière en date des publications légales, pour la validité et la correspondance à l'adresse du fonds cédé. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
14/03/2008	Bodacc B	Modification et mutation diverse
06 - ALPES-MARITIMES GREFFE DU TRIBUNAL DE COMMERCE DE CANNES 177 - 410 620 520 RCS Cannes. DAVIMAR. Forme : Société à responsabilité limitée. Activité : vente au détail de prêt à porter. Commentaires : Reprise de l'activité après suspension. Date de commencement de l’activité : 31/12/2007.
27/02/2008	Bodacc A	Vente et cession : Acheteur
06 - ALPES-MARITIMES GREFFE DU TRIBUNAL DE COMMERCE DE CANNES 44 - 410 620 520 RCS Cannes. DAVIMAR. Forme : Société à responsabilité limitée. Capital : 150000 EUR. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris. Origine du fonds : Achat de droit au bail. Etablissement : Etablissement principal. Adresse : 99 rue d'Antibes, 6400 Cannes. Précédent propriétaire : THALAMY ARLETTE CLAUDE RENEE. 866 104 862 RCS Cannes. Publication légale : L'avenir du 02/02/2008. Oppositions : Au siège du fonds vendu pour la validité et pour la correspondance. Descriptif : Fonds acquis par achat au prix stipulé de 500000 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
24/02/2008	Bodacc A	Vente et cession : Acheteur
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 956 - 410 620 520 RCS Nanterre. DAVIMAR. Forme : Société à responsabilité limitée. Capital : 150000 EUR. Adresse : 9 rue Notre Dame des Victoires, 75002 Paris. Origine du fonds : Achat de droit au bail. Etablissement : Etablissement principal. Activité : cession de droit au bail. Adresse : 56 rue de Sablonville, 92200 Neuilly-sur-Seine. Précédent propriétaire : SABRE. 390 649 044 RCS Versailles. Publication légale : Le publicateur légal du 30/01/2008. Oppositions : Au fonds vendu (lieu du droit au bail cédé) pour la validité et pour la correspondance. Descriptif : Fonds acquis par achat au prix stipulé de 160000 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
26/08/2007	Bodacc A	Vente et cession
1043 - RCS Paris B 410 620 520. RC 07-B 846. DAVIMAR. Forme : S.A.R.L. Capital : 150 000 euros. Adresse du siège social : 9 rue Notre-Dame-des-Victoires, 75002 Paris. Etablissement principal - Activité : droit au bail des locaux. Adresse : 126 rue de Courcelles, 75017 Paris. Droit au bail, dépendant de l'établissement principal, acquis par cession au prix stipulé de 220 000 euros. Date d'effet : 21 juillet 2007. Précédent propriétaire : N.D.C. RCS 441 559 838. Publication légale : Le Publicateur légal du 3 août 2007. Oppositions : au fonds, 126 rue de Courcelles, 75017 Paris, pour la validité et la correspondance.
19/07/2007	Bodacc B	Modifications et mutations diverses
2121 - RCS Paris B 410 620 520. RC 97-B 1296. DAVIMAR. Forme : S.A.R.L. Capital : 150 000 euros. Adresse du siège social : 9 rue Notre-Dame-des-Victoires,, 75002 Commentaires : modification survenue sur le capital (augmentation) et l'adresse du siège social. Etablissement principal - Adresse : 9 rue Notre-Dame-des-Victoires, 75002
31/05/2006	Bodacc A	Vente et cession
1612 - RCS B 410 620 520. RC 06-B 428. DAVIMAR. Forme : S.A.R.L. Adresse du siège social : 68 rue Bonaparte, 75006 Paris. Etablissement secondaire - Activité : vente de prêt-à-porter, de chaussures, de maroquinerie, d'articles de cuir ou de peau, de cadeaux et de vêtements en toutes matières. Adresse : 20-24 rue Beauvoisine, 76000 Rouen. Etablissement secondaire acquis par achat au prix stipulé de 57 000 euros. Date de début d'activité : 14 avril 2006. Précédent propriétaire : HEALTH DIFFUSION. RCS 420 205 890. Publication légale : Les Affiches de Normandie du 10 mai 2006. Oppositions : au fonds pour la validité et au siège de la Société Dexia Banque Privée, 37-39 rue d'Anjou, 75008 Paris, pour la correspondance.
11/02/2006	Bodacc C	Avis de dépôt des comptes
3429 - RCS Paris B 410 620 520. RC 97-B 1296. DAVIMAR. Forme: S.A.R.L.. Adresse du siège social: 68, R Bonaparte,Paris, 75006 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
11/02/2006	Bodacc C	Avis de dépôt des comptes
3430 - RCS Paris B 410 620 520. RC 97-B 1296. DAVIMAR. Forme: S.A.R.L.. Adresse du siège social: 68, R Bonaparte,Paris, 75006 Paris. Comptes annuels et rapports de l'exercice clos le: 31 janvier 2005.
17/05/2005	Bodacc C	Avis de dépôt des comptes
2333 - RCS Paris B 410 620 520. RC 97-B 1296. DAVIMAR. Forme: S.A.R.L.. Adresse du siège social: 68, rue Bonaparte,75006 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.
27/02/2005	Bodacc B	Modifications et mutations diverses
1481 - RCS Paris B 410 620 520. RC 97-B 1296. DAVIMAR. Forme : S.A.R.L. Commentaires : modification survenue sur l'administration. Administration : gérant partant : KRIEF (Emile, Meir, Bruno).
26/12/2003	Bodacc B	Modifications et mutations diverses
RCS Paris B 410620520 RC 97-B 1296 DAVIMAR. Forme : S.A.R.L. Commentaires : modification survenue sur l' administration. Administration : nomination du gérant : KRIEF (Frédéric).
29/05/2003	Bodacc B	Modifications et mutations diverses
RCS Paris B 410620520 RC 97-B 1296 DAVIMAR. Forme : S.A.R.L. Capital : 15 000 euros. Commentaires : modification survenue sur le capital (augmentation).
20/01/2002	Bodacc A	Création d'établissement
Rectificatif: Annonce numéro: 468 Date de parution: 24 octobre 2001 Page: 31 Numéro de parution: 210 A Dans la mention du montant de la transaction, au lieu de : fonds secondaire acquis par achat au prix stipulé de 236 295 F lire. RCS Paris B 410620520 RC 97-B 1296 DAVIMAR. Forme : non précisée Etablissement secondaire acquis par achat au prix stipulé de 236 295,98 euros.
24/10/2001	Bodacc A	Création d'établissement
RCS Paris B 410620520 RC 97-B 1296 DAVIMAR. Forme : S.A.R.L. Capital : 50 000 F. Adresse du siège social : 68 rue Bonaparte, 75006 Paris Etablissement principal: Activité : toute activité commerciale et industrielle intéressant la diffusion en gros, en demi-gros ou au détail, de vetements, de survetements et de sous-vetements, de pret-à-porter, sous toutes ses formes et en toutes matières import-export desdits articles et produits. Vente de tous accessoires, de vetements, éventuellement de toutes matières premières, ainsi que tous articles et fournitures s'y rapportant. Adresse : 68 rue Bonaparte, 75006 Paris Etablissement Complémentaire. Activité : vente de lingerie et de pret-à-porter. Adresse : 50 rue d'Auteuil, 75016 Paris Etablissement complémentaire acquis par achat au prix stipulé de 236 295 F Date de début d'activité: 1 e r janvier 1997. Date d'effet : 20 septembre 2001. Précédent propriétaire : EUROCONTACT. RCS B 378700025 Publication légale: Journal spécial des sociétés françaises par actions du 26 septembre 2001. Oppositions : Cabinet Desponds Roland, 167 boulevard Malesherbes, 75017 Paris.
18/09/2001	Bodacc A	Création d'établissement
RCS Paris B 410620520 RC AP-B 2487 DAVIMAR. Forme : S.A.R.L Nom commercial: Rémy Haardt. Capital : 50 000 F. Adresse du siège social : 68 rue Bonaparte, 75006 Paris Etablissement principal: Activité : vente de pret-à-porter. Adresse : 39 avenue Victor-Hugo, 75016 Paris Etablissement principal acquis par cession au prix stipulé de 228 673 euros. Date d'effet : 21 aout 2001. Précédent propriétaire : HAARDT Rémy, Pierre, Georges. RCS A 331062406 Publication légale: Journal spécial des sociétés françaises par actions du 30 aout 2001. Oppositions : Etude de M e Baulac (Olivier), notaire associé, 75 ter avenue de Wagram, 75017 Paris.
27/01/2000	Bodacc A	Création d'établissement
RCS Paris B 410620520 RC 97-B 1296 DAVIMAR. Forme : S.A.R.L. Capital : 50 000 F. Adresse du siège social : 68, rue Bonaparte 75006 Paris Etablissement principal: Activité : toute activité commerciale et industrielle intéressant la diffusion en gros, demi-gros et au détail, de vetements, survetements et sous-vetements, de pret-à-porter sous toutes ses formes et en toute matière, importation et exportation des articles et produits ci-dessus, vente de tous accessoires de vetements, commerce éventuellement de toutes matières premières, ainsi que tous articles et fournitures s'y rapportant. Adresse : 68, rue Bonaparte 75006 Paris ETABLISSEMENT SECONDAIRE. Activité : vente de pret-à- porter féminin. Adresse : 91, rue Saint- Dominique 75007 Paris Etablissement secondaire acquis par achat au prix stipulé de 880 000 F Date de début d' activité: 1 e r janvier 1997. Précédent propriétaire : CAROLL INTERNATIONAL. RCS B 582001707 Publication légale: Spécial des Sociétés Françaises par Actions du 11 janvier 2000. Oppositions : M e Carel, 29, avenue Georges-Mandel, 75116 Paris.
14/03/1997	Bodacc B	Modifications et mutations diverses
RCS. RCS B 410 620 520 RC RC 97-B 1296 DAVIMAR. Forme : S.A.R.L. Capital : 50 000 F. Adresse du siège social : 68, rue Bonaparte 75006 Paris. Activité : toute activité commerciale et industrielle intéressant la diffusion en gros, demi- gros et au détail de vetements , survetements et sous-vetements, de pret- à-porter, sous toutes ses formes et en toute matière, importation et exportation des articles et produits ci- dessus, vente de tous accessoires de vetements, commerce éventuellement de toutes matières premières ainsi que tous articles et fournitures s'y rapportant. Administration : gérant : KRIEF (Emile, Meir, Bruno). Fonds acquis par achat Date de début d'activité: 1er janvier 1997 Date du premier avis publié au BODACC: 22 décembre 1996.

Company events history

Date	Description
26/02/2013	Audit or Management Report
31/12/2011	Modification of Company Activity
31/12/2011	Update of Company Activity
01/10/2011	Other modification of Establishment
01/10/2011	Formation of Establishment
22/08/2011	Formation of Establishment
22/08/2011	Other modification of Establishment
18/08/2011	Formation of Establishment
10/06/2011	Bodacc C : Deposit accounts notice
12/05/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
31/12/2010	Modification of Company Activity
31/12/2010	Update of Company Workforce
31/12/2010	Update of Company Activity
01/12/2010	Legal Gazette: Start of rent-management
19/08/2010	Bodacc C : Deposit accounts notice
01/07/2010	Formation of Establishment
24/02/2010	Bodacc A : Sale and transfer
01/02/2010	Other modification of Establishment
01/02/2010	Formation of Establishment
31/01/2010	New accounts available
28/08/2009	Formation of Establishment
21/08/2009	Other modification of Establishment
21/08/2009	Formation of Establishment
21/08/2009	Update of Company Workforce
21/08/2009	Bodacc A : Sale and transfer
11/08/2009	Bodacc A : Sale and transfer
29/07/2009	Formation of Establishment
24/07/2009	Formation of Establishment
05/07/2009	Bodacc A : Sale and transfer
27/04/2009	Formation of Establishment
03/04/2009	Bodacc C : Deposit accounts notice
03/02/2009	Legal Gazette: End of rent-management
31/01/2009	New accounts available
26/01/2009	Filling of Social Security Preferential Right
23/01/2009	Collection of preferential rights activated for this company
17/11/2008	New Filling of Social Security preferential right
07/10/2008	Formation of Establishment
23/07/2008	New Bodacc A ads detected
23/07/2008	Bodacc A : Sale and transfer
23/07/2008	Formation of Establishment
16/06/2008	Update of Company Activity
16/06/2008	Modification of Company Activity
22/05/2008	Bodacc B: Various editing or changing
22/05/2008	New Bodacc B ads detected
29/04/2008	Bodacc A : Sale and transfer
29/04/2008	New Bodacc A ads detected
22/04/2008	Bodacc C : Deposit accounts notice
04/04/2008	Bodacc A : Sale and transfer
04/04/2008	New Bodacc A ads detected
03/04/2008	Bodacc A : Sale and transfer
03/04/2008	New Bodacc A ads detected
14/03/2008	Bodacc B: Various editing or changing
14/03/2008	New Bodacc B ads detected
27/02/2008	Bodacc A : Sale and transfer
27/02/2008	New Bodacc A ads detected
24/02/2008	New Bodacc A ads detected
24/02/2008	Bodacc A : Sale and transfer
01/02/2008	Transfer of Establishment
01/02/2008	Update of Company Head Office Identifier
31/01/2008	New accounts available
15/01/2008	Private document
15/01/2008	Appointment/resignation of company officers
15/01/2008	PV d'Assemblée
15/01/2008	Minutes of general meeting of shareholders
15/01/2008	Changement de Commissaire aux Comptes
15/01/2008	Audit or Management Report
26/08/2007	Formation of Establishment
20/06/2007	Transfert du Siège dans le ressort du Tribunal de Commerce
20/06/2007	Statuts mis à jour
20/06/2007	Minutes of general meeting of shareholders
20/06/2007	PV d'Assemblée
20/06/2007	Updated articles of association
20/06/2007	Augmentation de Capital
20/06/2007	Capital increase
20/06/2007	Registered office transferred inside jurisdiction of the Commercial Court
20/06/2007	Private document
22/05/2007	Transfer of Establishment
22/05/2007	Update of Company Head Office Identifier
31/01/2007	New accounts available
31/01/2006	New accounts available
30/05/2005	Minutes of general meeting of shareholders
30/05/2005	Updated articles of association
30/05/2005	Cession de parts
30/05/2005	PV d'Assemblée
30/05/2005	Private document
30/05/2005	Acte sous seing privé
30/05/2005	Sale of shares
30/05/2005	Statuts mis à jour
01/03/2005	Changement de date de clôture
01/03/2005	Acte sous seing privé
01/03/2005	Private document
01/03/2005	Minutes of general meeting of shareholders
01/03/2005	PV d'Assemblée
01/03/2005	Statuts mis à jour
01/03/2005	New closing date
01/03/2005	Updated articles of association
01/02/2005	Updated articles of association
01/02/2005	Statuts mis à jour
01/02/2005	PV d'Assemblée
01/02/2005	Minutes of general meeting of shareholders
01/02/2005	Nomination/démission des organes de gestion
01/02/2005	Appointment/resignation of company officers
01/02/2005	Donation/partition
01/02/2005	Donation/Partage
01/02/2005	Office copy
01/02/2005	Expédition acte notarié
01/02/2005	Private document
01/02/2005	Acte sous seing privé
01/02/2005	Sale of shares
01/02/2005	Modification du sigle ou du nom commercial
01/02/2005	Cession de parts
01/02/2005	Change to company acronym or name
31/01/2005	New accounts available
31/12/2004	New accounts available
31/12/2003	New accounts available
15/12/2003	Acte sous seing privé
15/12/2003	PV d'Assemblée
15/12/2003	Nomination/démission des organes de gestion
20/06/2003	Acte sous seing privé
20/06/2003	Cession de parts
15/05/2003	Augmentation de Capital
15/05/2003	Statuts mis à jour
15/05/2003	PV d'Assemblée
15/05/2003	Acte sous seing privé
15/05/2003	Conversion du Capital Social en Euros
24/06/2002	Acte sous seing privé
24/06/2002	Cession de parts
20/03/2000	Cession de parts
20/03/2000	PV d'Assemblée
20/03/2000	Nomination/démission des organes de gestion
20/03/2000	Acte sous seing privé
21/10/1996	Formation de Société
21/10/1996	Statuts
21/10/1996	PV d'Assemblée
21/10/1996	Nomination/démission des organes de gestion

Establishment events history

Date	Description
12/01/2013	Update of phone numbers
14/11/2012	Update of phone numbers
07/08/2012	Update Rating
26/04/2012	Update Rating
31/12/2011	Modification of Head office
10/11/2011	Update Limit
09/11/2011	Update Rating
21/10/2011	Update Rating
21/10/2011	Update Limit
01/10/2011	Modification of Head office
31/08/2011	Update Limit
26/08/2011	Update Rating
22/08/2011	Modification of Head office
18/08/2011	Modification of Head office
07/06/2011	Update Rating
07/06/2011	Update Limit
31/12/2010	Modification of Head office
31/08/2010	Update Limit
01/07/2010	Modification of Head office
23/03/2010	Update of phone numbers
01/02/2010	Modification of Head office
28/08/2009	Modification of Head office
21/08/2009	Update of Establishment Workforce
21/08/2009	Modification of Head office
29/07/2009	Modification of Head office
24/07/2009	Modification of Head office
27/04/2009	Modification of Head office
26/03/2009	Update Rating
26/03/2009	Update Limit
13/03/2009	Update of phone numbers
02/03/2009	Update Limit
02/03/2009	Update Rating
03/11/2008	Update Limit
03/11/2008	Update Rating
07/10/2008	Modification of Head office
23/07/2008	Modification of Head office
23/07/2008	Update of Establishment Workforce
10/07/2008	Update of phone numbers
16/06/2008	Update Limit
16/06/2008	Update Rating
01/02/2008	Modification of Head office (after transfer)
01/02/2008	Modification of Head office (before transfer)
16/12/2007	Update Limit
11/12/2007	Update Limit
09/12/2007	Update Limit
26/08/2007	Modification of Head office
21/08/2007	Update of phone numbers
22/05/2007	Formation of Head office (after transfer)

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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