MIRA
INFORM REPORT
|
Report Date : |
26.04.2013 |
IDENTIFICATION DETAILS
|
Name : |
CALAO IMPORT EXPORT SL |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
28.12.1987 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
RATING & COMMENTS
|
MIRAs Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SPAIN - ECONOMIC OVERVIEW
After almost 15 years of above average GDP growth, the
Spanish economy began to slow in late 2007 and entered into a recession in the
second quarter of 2008. GDP contracted by 3.7% in 2009, ending a 16-year growth
trend, and by another 0.3% in 2010; GDP expanded 0.4% in 2011, before
contracting 1.4% in 2012. The economy has once again fallen into recession as
deleveraging in the private sector, fiscal consolidation, and continued high
unemployment weigh on domestic demand and investment, even as exports have
shown signs of resiliency. The unemployment rate rose from a low of about 8% in
2007 to 26.0% in 2012. The economic downturn has also hurt Spain's public
finances. The government budget deficit peaked at 11.2% of GDP in 2010 and the
process to reduce this imbalance has been slow despite the central government's
efforts to raise new tax revenue and cut spending. Spain reduced its budget
deficit to 9.4% of GDP in 2011, and roughly 7.4% of GDP in 2012, above the 6.3%
target negotiated between Spain and the EU. Although Spain's large budget
deficit and poor economic growth prospects remain a source of concern for
foreign investors, the government's ongoing efforts to cut spending and
introduce flexibility into the labor markets are intended to assuage these concerns.
The government is also taking steps to shore up the banking system, namely by
using up to $130 billion in EU funds to recapitalize struggling banks exposed
to the collapsed domestic construction and real estate sectors.
Source
: CIA
Company name
CALAO IMPORT EXPORT SL
CIF/NIF: B78639176
Company situation: Active
EXECUTIVE
SUMMARY
Identification
Current Business Name: CALAO IMPORT EXPORT SL
Other names: YES
Current Address: CALLE MENDEZ ALVARO, 59
Branches: 2
Telephone number: 915283248 Fax: 915391099
URL: www.calao.net
Corporate e-mail: calao@calao.net
Trade Risk
Incidents: NO
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of
Payment: NO
Financial Information
Latest sales known (2013): 2.652.125,22
(Forecast)
Balance sheet latest sales (2011): 2.945.922,04 (Mercantile Register)
Result: -113.050,96
Total Assets: 1.419.456,89
Share capital: 90.150,00
Employees: 12
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 28/12/1987
Activity: Wholesale of clothing (outerwear)
NACE 2009 CODE: 4642
International Operations: Imports and
Exports
Corporate Structure
Sole Administrator:
Parent Company:
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 27/09/2010 Annual Filed Accounts
Latest press article: No press articles registered
Bank Entities: There are
TRADE RISK
Financial situation
|
Exercise:2011 |
|
||
|
Immediate
liquidity |
Acceptable |
|
|
|
Indebtedness |
Slight |
|
|
|
Profitability |
Unfavourable |
|
|
|
Soundness |
Excellent |
|
|
Performance
|
Incidents |
None or Negligible |
|
Business
Trajectory |
Superior |
Rating Explanation
Financial situation
The companys financial situation is normal.
The sales evolution and results has
been negative.
Company Structure
The companys capitalization degree determines that
its structure is normal.
The companys size is very
small depending on its sales volume.
The employees evolution has been positive.
Performance and Incidences
The available information indicates that the
company does not have payment incidences.
He have detected no recent legal actions or claims
from the Administration against this company.
Accounts Filing
The company files regularly its accounts.
Reasons of the last outstanding calculation in the note
|
DATE |
CHANGE |
RESULTING NOTE |
EVENT |
|
28/02/2013 |
Increase |
11 |
New information has been loaded on our systems. |
|
30/11/2012 |
Reduction |
10 |
There has been a change in the formula version. |
|
16/10/2012 |
Equal |
13 |
New financial statements have been uploaded. |
|
04/02/2012 |
Reduction |
13 |
New financial statements have been uploaded. |
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY: No significant element.
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF
PAYMENT 
Summary
COMPANY NOT INCLUDED IN EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT
There is no information related to the nif/cif
consulted in the in the EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT file
This information comes from Experian Bureau Empresarial Service,
property of Experian Bureau de Crιdito S.A. It could just be used for
businessmen or professionals and for the own aims of the business, and could
not be transferred or transmitted to third parties, copied, duplicate or
reproduce, nor incorporate to any owned or external database, or reuse it in
any direct or indirect way. Experian Bureau de Crιdito S.A. may file you for
damages it may suffer in case of breaching any of the afore mentioned
obligations. Experian would not be responsible of the lack of accuracy in the supplied
information when it coincides with the one supplied by the creditor entities.
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
22/04/2013 08:04:59
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
Figures given in
|
|
31/12/2011 (12) BALANCE SHEET |
% ASSETS |
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
331.604,12 |
23,36 |
297.517,83 |
19,42 |
292.413,69 |
18,68 |
|
B) CURRENT ASSETS |
1.087.852,77 |
76,64 |
1.234.712,76 |
80,58 |
1.272.993,89 |
81,32 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
723.950,42 |
51,00 |
837.001,38 |
54,63 |
858.715,66 |
54,86 |
|
B) NON CURRENT LIABILITIES |
|
|
|
|
449,50 |
0,03 |
|
C) CURRENT LIABILITIES |
695.506,47 |
49,00 |
695.229,21 |
45,37 |
706.242,42 |
45,12 |
Profit and loss account
analysis
Figures given in
|
|
2013 FORECAST |
2012 ESTIMATED |
31/12/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
2.652.125,22 |
2.651.329,83 |
2.945.922,04 |
|
3.278.152,12 |
|
|
GROSS MARGIN |
|
|
569.962,18 |
19,35 |
749.549,12 |
22,86 |
|
EBITDA |
|
|
-132.820,76 |
-4,51 |
-4.962,67 |
-0,15 |
|
EBIT |
|
|
-138.447,80 |
-4,70 |
-12.228,28 |
-0,37 |
|
NET RESULT |
|
|
-113.050,96 |
-3,84 |
-21.714,28 |
-0,66 |
|
EFFECTIVE TAX RATE (%) |
|
|
-25,00 |
0,00 |
-25,00 |
0,00 |
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
23,36 |
27,28 |
-3,92 |
|
A) CURRENT ASSETS |
76,64 |
72,72 |
3,92 |
|
LIABILITIES |
|||
|
A) NET WORTH |
51,00 |
39,96 |
11,04 |
|
B) NON CURRENT LIABILITIES |
|
10,06 |
|
|
C) CURRENT LIABILITIES |
49,00 |
49,98 |
-0,98 |
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
99,64 |
98,79 |
0,85 |
|
GROSS MARGIN |
19,28 |
30,22 |
-10,94 |
|
EBITDA |
-4,49 |
4,78 |
-9,27 |
|
EBIT |
-4,68 |
3,67 |
-8,35 |
|
NET RESULT |
-3,82 |
2,20 |
-6,02 |
Sector Composition
Compared sector (NACE 2009): 4642
Number of companies: 134
Size (sales figure): 2,800,000.00 - 7,000,000.00 Euros
ADDRESSES
Current Legal Seat Address:
CALLE MENDEZ ALVARO, 59
28045 MADRID
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
RONDA SANT PERE, 27 |
08010 |
BARCELONA |
Barcelona |
|
CALLE DUQUE DE ALBA, 10 |
28012 |
MADRID |
Madrid |
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
Governing body : 1 member (latest change:
09/05/1997)
Other Positions : 1 (latest change: 21/02/2005)
Operative Board Members : 5 (latest change: 18/02/2013)
Non-current positions : 7 (latest change: 09/05/1997)
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
SOLE ADMINISTRATOR |
MARTIN FERNANDEZ, MANUEL |
09/05/1997 |
|
|
|
|
Board members remuneration
Source: Annual
financial report 2010
Board
members remuneration: 0,00
|
POSITION |
NAME AND SURNAME |
|
Manager |
MARTIN FERNANDEZ, MANUEL |
|
Financial Manager |
MARTIN FERNANDEZ, MANUEL |
|
Commercial Director |
MARTIN FERNANDEZ, MANUEL |
|
Exports Director |
MARTIN FERNANDEZ, MANUEL |
|
Imports Director |
MARTIN FERNANDEZ, MANUEL |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
MARTIN FERNANDEZ MANUEL |
|
100,00 |
OWN SOURCES |
24/04/2013 |
POTENTIAL LINKS
Search Criterion: CALAO IMPORT EXPORT SL
URL: www.calao.net
CALAO Inicio | Registro | Ofertas | Newsletter |Preguntas Frecuentes | Empresa
| Contacto © Copyright Calao S.L. 2011 | Compromiso de Privacidad | Diseρo Web:
...
BUSINESS INFORMATION
Incorporation date: 28/12/1987
Establishment date: 01/01/1987
Founders Name: LA TITULAR ES LA FUNDADORA INICIAL DEL NEGOCIO
Code: 1613300
Activity: Wholesale of clothing (outerwear)
NACE 2009 CODE: 4642
NACE 2009 Activity: Wholesale of clothing and footwear
Business: Venta al mayor de prendas de confeccion en general.
Activity description: VENTA AL POR MAYOR DE PRENDAS DE VESTIR DE
SRA. Y NIΡA.
Latest employees figure: 12 (2013)
% of fixed employees: 72,73%
% of temporary employees: 27,27%
% of men: 33,33%
% of women: 66,67%
Employees evolution
|
|
|
|
Source: Annual financial report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Senior management |
2 |
|
|
|
Other managers |
1 |
|
|
|
Administrative employees |
4 |
|
|
|
Sales representatives and similar |
2 |
|
|
|
Non qualified employees |
2 |
|
|
|
Distribution by sexes |
|
5 |
10 |
PURCHASES
Imports from: CEE
SALES
Exports to: CEE
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
LARK Y CELIS SL |
NO |
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO DE SABADELL, S.A. |
0259 |
C DUQUE DE ALBA 000004 |
MADRID |
Madrid |
Grants
|
|
|
|
Grant type: Other grants (grouped amounts or not
classified) Granting year: 2010 |
Nominal amount: 4.895,43 Amount received in the
exercise: 4.895,43 Amount pending collection:
0,00 Source: Filed
Accounts (2010) |
|
|
|
FORMER NAMES:
CALAO IMPORT EXPORT SA
LEGAL STRUCTURE
Constitution Data
Register Date: 28/12/1987
Legal form: Limited Liability Company
Share capital: 90.150,00
Obligation to fill in Financial Statements: YES
Chamber census: YES (2011)
B.O.R.M.E. (OFFICIAL GAZETTE OF THE MERCANTILE REGISTER)
Acts on activity: 0
Acts on administrators: 5 (Last: 21/02/2005, first:
09/10/1991)
Acts on capital: 3 (Last: 15/04/1997, first:
09/10/1991)
Acts on creation: 0
Acts on filed accounts: 20 (Last: 27/09/2010, first:
13/12/1990)
Acts on identification: 2 (Last: 02/03/1993, first:
09/10/1991)
Acts on Information: 1 (Last: 26/02/1997)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Annual Filed Accounts (2009) |
27/09/2010 |
685759 |
Madrid |
|
Annual Filed Accounts (2008) |
25/11/2009 |
942513 |
Madrid |
|
Annual Filed Accounts (2007) |
09/10/2008 |
813972 |
Madrid |
|
Annual Filed Accounts (2006) |
12/11/2007 |
999836 |
Madrid |
|
Annual Filed Accounts (2005) |
14/11/2006 |
876079 |
Madrid |
|
Annual Filed Accounts (2004) |
31/10/2005 |
820441 |
Madrid |
|
Appointments |
21/02/2005 |
77907 |
Madrid |
|
Annual Filed Accounts (2003) |
21/09/2004 |
460177 |
Madrid |
|
Annual Filed Accounts (2002) |
26/08/2003 |
256684 |
Madrid |
|
Annual Filed Accounts (2001) |
27/11/2002 |
816883 |
Madrid |
Press articles
No press articles registered
Complementary Information
Financial Information
The balance sheet as at 31/12/2009 (Tank 2009) is available at INFORMS, but there is data in the new financial statements presented incorrectly.
The balance sheet as at 31/12/2008 (Deposit 2008)
is available at INFORMS, but has not
been charged in their accounts
to present the following
anomaly: The item is improperly
filed Intangible assets with negative amount.
FINANCIAL INFORMATION
The information on the last Individual Filed Accounts contained in this
report is extracted from the Mercantile Register file of the legal address of
the Company and dated 16/10/2012.
SITUATION BALANCE-SHEET
Assets
Figures given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
331.604,12 |
23,36 |
297.517,83 |
19,42 |
292.413,69 |
18,68 |
|
I. Intangible assets |
437,67 |
0,03 |
|
|
|
|
|
II. Tangible fixed assets |
173.233,76 |
12,20 |
177.268,79 |
11,57 |
178.953,25 |
11,43 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
84,97 |
0,01 |
84,97 |
0,01 |
84,97 |
0,01 |
|
VI. Assets by deferred taxes |
157.847,72 |
11,12 |
120.164,07 |
7,84 |
113.375,47 |
7,24 |
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
1.087.852,77 |
76,64 |
1.234.712,76 |
80,58 |
1.272.993,89 |
81,32 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
698.506,00 |
49,21 |
492.754,25 |
32,16 |
372.428,60 |
23,79 |
|
III. Trade Debtors and other receivable accounts |
267.621,01 |
18,85 |
193.073,90 |
12,60 |
70.523,80 |
4,51 |
|
1. Clients |
127.464,86 |
8,98 |
126.139,18 |
8,23 |
70.320,39 |
4,49 |
|
b) Clients for sales and short term services
rendering |
127.464,86 |
8,98 |
126.139,18 |
8,23 |
70.320,39 |
4,49 |
|
3. Other debtors |
140.156,15 |
9,87 |
66.934,72 |
4,37 |
203,41 |
0,01 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
4.552,21 |
0,32 |
4.552,21 |
0,30 |
4.552,21 |
0,29 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
117.173,55 |
8,25 |
544.332,40 |
35,53 |
825.489,28 |
52,73 |
|
TOTAL ASSETS (A + B) |
1.419.456,89 |
100,00 |
1.532.230,59 |
100,00 |
1.565.407,58 |
100,00 |
Net Worth and Liabilities
Figures given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NET WORTH |
723.950,42 |
51,00 |
837.001,38 |
54,63 |
858.715,66 |
54,86 |
|
A-1) Equity |
723.950,42 |
51,00 |
837.001,38 |
54,63 |
858.715,66 |
54,86 |
|
I. Capital |
90.150,00 |
6,35 |
90.150,00 |
5,88 |
90.150,00 |
5,76 |
|
1. Authorized capital |
90.150,00 |
6,35 |
90.150,00 |
5,88 |
90.150,00 |
5,76 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
964.546,56 |
67,95 |
964.546,56 |
62,95 |
964.546,56 |
61,62 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
-217.695,18 |
-15,34 |
-195.980,90 |
-12,79 |
-366.725,23 |
-23,43 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
-113.050,96 |
-7,96 |
-21.714,28 |
-1,42 |
170.744,33 |
10,91 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
|
|
|
|
449,50 |
0,03 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
|
|
|
|
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
|
|
|
|
449,50 |
0,03 |
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
695.506,47 |
49,00 |
695.229,21 |
45,37 |
706.242,42 |
45,12 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
218.320,91 |
15,38 |
226.918,13 |
14,81 |
246.522,29 |
15,75 |
|
3. Other short term debts |
218.320,91 |
15,38 |
226.918,13 |
14,81 |
246.522,29 |
15,75 |
|
IV. Short term debts with associated and affiliated companies |
25.000,00 |
1,76 |
|
|
|
|
|
V. Trade creditors and other payable accounts |
452.185,56 |
31,86 |
468.311,08 |
30,56 |
459.720,13 |
29,37 |
|
1. Suppliers |
422.059,56 |
29,73 |
430.890,87 |
28,12 |
395.413,41 |
25,26 |
|
b) Short term suppliers |
422.059,56 |
29,73 |
430.890,87 |
28,12 |
395.413,41 |
25,26 |
|
2. Other creditors |
30.126,00 |
2,12 |
37.420,21 |
2,44 |
64.306,72 |
4,11 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
1.419.456,89 |
100,00 |
1.532.230,59 |
100,00 |
1.565.407,58 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in
|
|
31/12/2011 (12) |
%OPERATING INCOME |
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
|
1. Net Turnover |
2.945.922,04 |
99,64 |
3.278.152,12 |
99,85 |
3.301.188,47 |
99,74 |
|
2. Variation in stocks of finished goods
and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-2.386.736,70 |
-80,72 |
-2.533.498,43 |
-77,17 |
-2.365.935,64 |
-71,48 |
|
5. Other operating income |
10.776,84 |
0,36 |
4.895,43 |
0,15 |
8.533,94 |
0,26 |
|
6. Labour cost |
-318.347,19 |
-10,77 |
-338.849,19 |
-10,32 |
-301.473,35 |
-9,11 |
|
7. Other operating costs |
-384.435,75 |
-13,00 |
-415.662,60 |
-12,66 |
-399.813,34 |
-12,08 |
|
8. Amortization of fixed assets |
-5.627,04 |
-0,19 |
-7.265,61 |
-0,22 |
-14.897,32 |
-0,45 |
|
9. Allocation of subventions on non
financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed
assets disposal |
|
|
|
|
|
|
|
12. Negative difference of business
combinations |
|
|
|
|
|
|
|
13. Other results |
|
|
|
|
|
|
|
A) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6
+ 7 + 8 + 9 + 10 + 11 + 12 + 13) |
-138.447,80 |
-4,68 |
-12.228,28 |
-0,37 |
227.602,76 |
6,88 |
|
14. Financial income |
3.025,95 |
0,10 |
2.969,28 |
0,09 |
3.872,21 |
0,12 |
|
b) Other financial income |
3.025,95 |
0,10 |
2.969,28 |
0,09 |
3.872,21 |
0,12 |
|
15. Financial expenses |
-15.312,76 |
-0,52 |
-14.306,20 |
-0,44 |
-13.801,73 |
-0,42 |
|
16. Reasonable value variation on
financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
|
|
-3.637,18 |
-0,11 |
2.914,48 |
0,09 |
|
18. Deterioration and result for disposal
of financial instruments |
|
|
-1.750,00 |
-0,05 |
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
B) FINANCIAL RESULT (14 + 15 + 16 + 17 +
18 + 19) |
-12.286,81 |
-0,42 |
-16.724,10 |
-0,51 |
-7.015,04 |
-0,21 |
|
C) RESULT BEFORE TAXES (A + B) |
-150.734,61 |
-5,10 |
-28.952,38 |
-0,88 |
220.587,72 |
6,66 |
|
20. Taxes on profits |
37.683,65 |
1,27 |
7.238,10 |
0,22 |
-49.843,39 |
-1,51 |
|
D) EXERCISE RESULT (C + 20) |
-113.050,96 |
-3,82 |
-21.714,28 |
-0,66 |
170.744,33 |
5,16 |
NET WORTH CHANGES
STATUS
Status of recognized income and expenses
For the financial statements presented under the SMEs model (PYMES), the
Net Worth Changes Status is formed by a single table. For the rest of the
cases there would be shown the two tables corresponding to the mentioned status
with the exception of the company not having operations reflected in the
Status of recognized income and expenses and that, for this reason, it has no
data.
Total net worth changes status
Figures given in
|
NET WORTH CHANGES ( 1 /2) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS YEARS |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
|
|
|
|
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
|
|
|
|
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
90.150,00 |
|
|
|
|
1. Capital Increases |
90.150,00 |
|
|
|
|
III. Other net worth variations |
|
964.546,56 |
-366.725,23 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
90.150,00 |
964.546,56 |
-366.725,23 |
170.744,33 |
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
90.150,00 |
964.546,56 |
-366.725,23 |
170.744,33 |
|
I. Total recognized income and expenses |
|
|
|
-21.714,28 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
170.744,33 |
-170.744,33 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
90.150,00 |
964.546,56 |
-195.980,90 |
-21.714,28 |
|
I. Adjustments by change of criteria in the exercise (2010) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2010) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
90.150,00 |
964.546,56 |
-195.980,90 |
-21.714,28 |
|
I. Total recognized income and expenses |
|
|
|
-113.050,96 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
-21.714,28 |
21.714,28 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
90.150,00 |
964.546,56 |
-217.695,18 |
-113.050,96 |
|
NET WORTH CHANGES ( 2 /2) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
|
|
||
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
||
|
II. Adjustments by errors in the exercise (2008) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
|
|
||
|
I. Total recognized income and expenses |
|
|
||
|
II. Operations with partners or owners |
90.150,00 |
|
||
|
1. Capital Increases |
90.150,00 |
|
||
|
III. Other net worth variations |
597.821,33 |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
858.715,66 |
|
||
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
||
|
II. Adjustments by errors in the exercise (2009) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
858.715,66 |
|
||
|
I. Total recognized income and expenses |
-21.714,28 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
837.001,38 |
|
||
|
I. Adjustments by change of criteria in the exercise (2010) |
|
|
||
|
II. Adjustments by errors in the exercise (2010) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
837.001,38 |
|
||
|
I. Total recognized income and expenses |
-113.050,96 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
723.950,42 |
|
||
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
392.346,30 |
-27,27 |
539.483,55 |
-4,81 |
566.751,47 |
|
Working capital ratio |
0,28 |
-20,00 |
0,35 |
-2,78 |
0,36 |
|
Soundness Ratio |
2,18 |
-22,42 |
2,81 |
-4,42 |
2,94 |
|
Average Collection Period (days) |
33 |
54,24 |
21 |
180,95 |
8 |
|
Average Payment Period (days) |
62 |
8,18 |
57 |
-4,22 |
60 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
156,41 |
-11,93 |
177,60 |
-1,47 |
180,25 |
|
Quick Ratio (%) |
17,50 |
-77,83 |
78,95 |
-32,83 |
117,53 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
17,14 |
15,73 |
14,81 |
-5,97 |
15,75 |
|
External Financing Average Cost |
0,06 |
0,00 |
0,06 |
0,00 |
0,06 |
|
Debt Service Coverage |
-2,26 |
85,61 |
-15,70 |
-1.280,45 |
1,33 |
|
Interest Coverage |
-9,04 |
-963,53 |
-0,86 |
-105,15 |
16,49 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
-3,65 |
-729,55 |
-0,44 |
-107,83 |
5,62 |
|
Auto financing generated by Assets (%) |
-7,57 |
-705,32 |
-0,94 |
-107,93 |
11,86 |
|
Breakdown Point |
0,96 |
-4,00 |
1,00 |
-6,54 |
1,07 |
|
Average Sales Volume per Employee |
266.358,23 |
14,57 |
232.493,06 |
-9,57 |
257.101,91 |
|
Average Cost per Employee |
28.783,65 |
19,77 |
24.031,86 |
2,35 |
23.479,23 |
|
Assets Turnover |
2,08 |
-2,80 |
2,14 |
1,42 |
2,11 |
|
Inventory Turnover (days) |
105 |
51,03 |
70 |
23,57 |
57 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
-9,75 |
-1.118,75 |
-0,80 |
-105,50 |
14,54 |
|
Operating Profitability (%) |
-9,36 |
-2.825,00 |
-0,32 |
-102,07 |
15,49 |
|
Return on Equity (ROE) (%) |
-20,82 |
-501,73 |
-3,46 |
-113,47 |
25,69 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
23,36 |
27,28 |
-3,92 |
|
A) CURRENT ASSETS |
76,64 |
72,72 |
3,92 |
|
LIABILITIES |
|||
|
A) NET WORTH |
51,00 |
39,96 |
11,04 |
|
B) NON CURRENT LIABILITIES |
|
10,06 |
|
|
C) CURRENT LIABILITIES |
49,00 |
49,98 |
-0,98 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
99,64 |
98,79 |
0,85 |
|
Other operating income |
0,36 |
1,21 |
-0,85 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-80,72 |
-70,59 |
-10,13 |
|
Variation in stocks of finished goods and work in progress |
|
0,80 |
|
|
GROSS MARGIN |
19,28 |
30,22 |
-10,94 |
|
Other operating costs |
-13,00 |
-16,57 |
3,57 |
|
Labour cost |
-10,77 |
-9,13 |
-1,64 |
|
GROSS OPERATING RESULT |
-4,49 |
4,52 |
-9,01 |
|
Amortization of fixed assets |
-0,19 |
-1,05 |
0,86 |
|
Deterioration and result for fixed assets disposal |
|
-0,02 |
|
|
Other expenses / income |
|
0,22 |
|
|
NET OPERATING RESULT |
-4,68 |
3,67 |
-8,35 |
|
Financial result |
-0,42 |
-0,71 |
0,29 |
|
RESULT BEFORE TAX |
-5,10 |
2,97 |
-8,07 |
|
Taxes on profits |
1,27 |
-0,77 |
2,04 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
-3,82 |
2,20 |
-6,02 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
-3,82 |
2,20 |
-6,02 |
|
Amortization of fixed assets |
-0,19 |
-1,05 |
0,86 |
|
Deterioration and provisions variation |
|
-0,06 |
|
|
|
-3,63 |
3,30 |
-6,93 |
Main Ratios
Figures given in
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
392.346,30 |
181.133,42 |
537.497,37 |
1.141.358,51 |
|
Working capital ratio |
0,28 |
0,09 |
0,25 |
0,41 |
|
Soundness Ratio |
2,18 |
1,07 |
2,35 |
5,21 |
|
Average Collection Period (days) |
33 |
36 |
76 |
115 |
|
Average Payment Period (days) |
62 |
50 |
84 |
127 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
156,41 |
114,03 |
143,63 |
191,42 |
|
Quick Ratio (%) |
17,50 |
6,66 |
16,31 |
54,66 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
17,14 |
1,84 |
17,60 |
37,71 |
|
External Financing Average Cost |
0,06 |
0,03 |
0,06 |
0,11 |
|
Debt Service Coverage |
-2,26 |
0,12 |
2,61 |
9,94 |
|
Interest Coverage |
-9,04 |
1,55 |
3,18 |
15,42 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
-3,65 |
1,08 |
2,45 |
4,39 |
|
Auto financing generated by Assets (%) |
-7,57 |
2,00 |
4,13 |
7,47 |
|
Breakdown Point |
0,96 |
1,01 |
1,03 |
1,05 |
|
Average Sales Volume per Employee |
266.358,23 |
237.655,38 |
375.365,03 |
604.478,71 |
|
Average Cost per Employee |
28.783,65 |
21.102,52 |
26.153,08 |
36.997,31 |
|
Assets Turnover |
2,08 |
1,16 |
1,80 |
2,42 |
|
Inventory Turnover (days) |
105 |
27 |
63 |
122 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
-9,75 |
2,60 |
4,89 |
9,16 |
|
Operating Profitability (%) |
-9,36 |
4,15 |
6,39 |
10,89 |
|
Return on Equity (ROE) (%) |
-20,82 |
4,25 |
10,53 |
27,81 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.17 |
|
|
1 |
Rs.82.98 |
|
Euro |
1 |
Rs.70.62 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.