MIRA INFORM REPORT

Report Date :

16.12.2013

IDENTIFICATION DETAILS

Name :	MILTON ROY MIXING
Registered Office :	10 Rue Du Bois Gasseau, 77210 Samoreau
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	October 1984
Com. Reg. No.:	RCS Melun 8 331 253 625
Legal Form :	Simplified Joint Stock Company
Line of Business :	manufacturer of agitators
No. of Employees :	50 to 99 employees

RATING & COMMENTS

MIRA’s Rating :

Ba

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory
Payment Behaviour :	No Complaints
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – September 30th, 2013

Country Name	Previous Rating (30.06.2013)	Current Rating (30.09.2013)
France	A2	A2

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

france ECONOMIC OVERVIEW

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

Source : CIA

company summary

Name		MILTON ROY MIXING		SIRET		331 253 625 00031
			EUR VAT Number		FR58331253625
Activity (APE)	manufacturer of agitators		Legal form		Simplified joint stock company
Phone	01 60 74 95 20		RCS Registration		RCS Melun 8 331 253 625
Fax	01 64 23 74 02		Share capital		1,500,000 Euros
Address	MILTON ROY MIXING ZA 10 RUE DU BOIS GASSEAU 77210 SAMOREAU		Incorporated Date		01/1985
Nationality	France		Status		Economically active

Payment Information Summary - Trade Payment Data
Total number of Invoices available	1
Total number of Invoices paid within or up to 30 days after the due date	1
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	0

No social security and tax office preferential right to date

Ultimate Holding Company

Company Name

MILTON ROY COMPANY

Current Directors

3

Trading to Date	12/31/2012	11/30/2012	11/30/2011
Turnover	2,820,910 €	15,519,726 €	7,690,644 €
Gross Operating Surplus	31,64 % Turnover	3,46 % Turnover	-16,67 % Turnover
Shareholders’ equity	3,528,205 €	2,829,121 €	2,441,651 €
Net result	700,512 €	1,170,025 €	-970,185 €
Employees	50 to 99 employees	-	-

Trends

Profitability

Liquidity

Net worth

Company Details

Activity (APE)	manufacturer of agitators
RCS Registration	RCS Melun 8 331 253 625	Share capital	1,500,000 Euros
Registration Court	Melun (77)	Legal form	Simplified joint stock company
Court Registry Number	19 8 5B50098	EUR VAT Number	FR58331253625
Incorporation Date	01/1985	Formation Date	10/1984
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Establishment details

Activity (APE)	manufacturer of agitators	Business Pages FT®
Postal Address	MILTON ROY MIXING ZA 10 RUE DU BOIS GASSEAU 77210 SAMOREAU	Trading Address	10 RUE DU BOIS GASSEAU 77210 SAMOREAU
Telephone	01 60 74 95 20
Fax	01 64 23 74 02

Company details
	Type	Head office (one site company)	Status	Economically active
	Formation Date	08/1989	Reason for formation	Formation
	Closure Date		Reason for closure
	Reactivation Date		Production Role
	Activity Nature	-	Activity Location	N/R
	Location surface		Seasonality
	Department	Seine-et-Marne (77)	Region	Ile-de-France
	District	4	Area	13
	City	SAMOREAU	Size of urban area

Other establishments
	Branches	1 branch entities in this company
	Head office	> MILTON ROY MIXING <<<  -  in SAMOREAU  (77210)
	Secondary establishments
	Regionality	Legal unit with all establishments in same area
	Mono-activity status	Legal unit having all establishments with the same main activity

Workforces
	Workforce at address	50 to 99 employees	Company workforce	50 to 99 employees

Top of Form

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2012	30/11/2012	30/11/2011
Account period (month)	01	12	12
Account Type	Normal	Normal	Normal
Date of capture	07/09/2013	07/09/2013	29/06/2012
Activity Code	2899B	2899B	2899B
Employees	0	0	0

Active account

Annual Accounts	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	1 055 128	1,8%	1 036 446	-7,1%	1 115 592	56 813	1757,2%
- Intangible assets	11 815	-12,4%	13 495	28,2%	10 527	3 000	293,8%
- Tangible assets	1 033 235	2,0%	1 012 873	-7,5%	1 094 987	31 864	3142,6%
- Financial assets	10 078	0%	10 078	0%	10 078	1 857	442,7%
Net current assets	8 334 545	-8,7%	9 125 169	33,3%	6 843 461	547 207	1423,1%
- Stocks	975 688	-44,2%	1 747 352	-8,5%	1 909 289	74 650	1207,0%
- Advanced payments	98 758	-8,7%	89 706	219,6%	28 067	0	0%
- Receivables	6 792 142	16,7%	5 818 299	18,6%	4 905 380	237 564	2759,1%
- Securities and cash	467 957	-68,2%	1 469 812	202632,7%	725	83 469	460,6%
- Prepaid expenses	-	-	-	-	-	611	-
Accounts of regularization	17 164	0%	0	0%	0	0	0%
Total Assets	9 406 837	-7,4%	10 161 612	27,7%	7 959 054	650 296	1346,5%

Passive Account

Annual Accounts	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Shareholders' equity	3 528 205	24,7%	2 829 121	15,9%	2 441 651	199 707	1666,7%
Share capital	1 500 000	0%	1 500 000	0%	1 500 000	45 000	3233,3%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	925 241	1,6%	910 493	-21,9%	1 165 237	0	0%
Liabilities	4 953 392	-22,9%	6 422 000	47,6%	4 352 161	355 099	1294,9%
- Financial liabilities	0	0%	0	0%	2 427	37 340	0%
- Advanced payments received	1 175 212	-39,4%	1 939 171	100,3%	968 339	0	0%
- Trade account payables	2 491 179	-25,9%	3 362 964	30,3%	2 581 673	112 963	2105,3%
- Tax and social liabilities	827 270	-2,3%	846 616	26,2%	670 628	100 295	724,8%
- Other debts and fixed assets liabilities	459 731	68,2%	273 248	111,7%	129 094	5 200	8741,0%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	9 406 837	-7,4%	10 161 613	27,7%	7 959 054	633 179	1385,7%

Results

Annual Accounts	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Sales of Goods	2 172 435	-86,7%	16 315 300	76,2%	9 258 896	853 089	154,7%
Net turnover	2 820 910	-81,8%	15 519 726	101,8%	7 690 644	810 984	247,8%
- of which net export turnover	2 096 524	-84,2%	13 252 207	172,0%	4 871 575	0	0%
Operating charges	1 308 366	-91,4%	15 282 964	47,1%	10 390 909	807 304	62,1%
Operating profit/loss	864 069	-16,3%	1 032 336	191,2%	-1 132 013	20 863	4041,6%
Financial income	8 371	-25,7%	11 274	-66,6%	33 785	329	2444,4%
Financial charges	17 874	-56,5%	41 122	72,3%	23 861	1 812	886,4%
Financial profit/loss	-9 503	68,2%	-29 848	-400,8%	9 924	-290	-3176,9%
Pretax net operating income	854 566	-14,8%	1 002 488	189,3%	-1 122 089	19 826	4210,3%
Extraordinary income	1 216	-93,9%	20 061	91,0%	10 505	500	143,2%
Extraordinary charges	0	0%	0	0%	183	258	0%
Extraordinary profit/loss	1 216	-93,9%	20 061	94,4%	10 322	0	0%
Net result	700 512	-40,1%	1 170 025	220,6%	-970 185	28 717	2339,4%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2012	30/11/2012	30/11/2011
Months	01	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

		31/12/2012		30/11/2012		30/11/2011
Grand Total (I to VI)	Net	9 406 837	-7,4%	10 161 612	27,7%	7 959 054
Gross	CO	12 608 830	-5,4%	13 327 406	21,6%	10 956 534
Amortisation	1A	3 201 993	1,1%	3 165 794	5,6%	2 997 480

Non declared distributed capital (I)

		31/12/2012		30/11/2012		30/11/2011
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

		31/12/2012		30/11/2012		30/11/2011
Total Active fixed asset (II)	Net	1 055 128	1,8%	1 036 446	-7,1%	1 115 592
Gross	BJ	4 084 986	0,8%	4 053 002	2,2%	3 966 927
Amortisation	BK	3 029 858	0,4%	3 016 556	5,8%	2 851 335

Intangilble fixed assets

			31/12/2012		30/11/2012		30/11/2011
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	0	0%	0	0%	0
	Gross	AF	1 169 234	0%	1 169 234	0%	1 169 234
	Amortisation	AG	1 169 234	0%	1 169 234	0%	1 169 234
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	0	0%	0	0%	0
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	11 815	-12,4%	13 495	28,2%	10 527
	Gross	AJ	246 373	0%	246 373	6,4%	231 580
	Amortisation	AK	234 558	0,7%	232 878	5,3%	221 053
	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	11 815	-12,4%	13 495	28,2%	10 527

Tangilble fixed assets

		31/12/2012		30/11/2012		30/11/2011
Lands	Net	142 576	0%	142 576	0%	142 576
Gross	AN	142 576	0%	142 576	0%	142 576
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	607 886	-0,7%	612 171	-7,6%	662 625
Gross	AP	991 810	0%	991 810	0,0%	991 809
Amortisation	AQ	383 924	1,1%	379 639	15,3%	329 184
Plant	Net	126 002	4,2%	120 944	-15,1%	142 510
Gross	AR	1 042 344	0,9%	1 032 661	5,4%	979 607
Amortisation	AS	916 342	0,5%	911 717	8,9%	837 097
Other tangible fixed assets	Net	156 771	17,3%	133 610	-8,8%	146 477
Gross	AT	482 571	5,7%	456 698	3,5%	441 244
Amortisation	AU	325 800	0,8%	323 088	9,6%	294 767
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%	3 572	347,1%	799
Gross	AX	0	0%	3 572	347,1%	799
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	1 033 235		1 012 873		1 094 987

Financial assets

		31/12/2012		30/11/2012		30/11/2011
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	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	10 078	0%	10 078	0%	10 078
Gross	BH	10 078	0%	10 078	0%	10 078
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		10 078		10 078		10 078

Current Assets (III)

		31/12/2012		30/11/2012		30/11/2011
Total Assets	Net	8 334 545	-8,7%	9 125 169	33,3%	6 843 461
Gross	CJ	8 506 680	-8,3%	9 274 405	32,7%	6 989 603
Amortisation	CK	172 135	15,3%	149 236	2,1%	146 142

Stocks

		31/12/2012		30/11/2012		30/11/2011
Raw materials	Net	407 699	-16,2%	486 398	-6,5%	520 050
Gross	BL	485 176	-11,0%	545 191	-8,9%	598 517
Amortisation	BM	77 477	31,8%	58 793	-25,1%	78 467
Work in progress (goods)	Net	567 989	-55,0%	1 260 954	-9,2%	1 389 239
Gross	BN	567 989	-55,0%	1 260 954	-9,2%	1 389 239
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	0	0%	0	0%	0
Gross	BR	0	0%	0	0%	0
Amortisation	BS	0	0%	0	0%	0
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	975 688	-44,2%	1 747 352	-8,5%	1 909 289

Advance payments to suppliers

		31/12/2012		30/11/2012		30/11/2011
Advance payments to suppliers	Net	98 758	10,1%	89 706	219,6%	28 067
Gross	BV	98 758	10,1%	89 706	219,6%	28 067
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2012		30/11/2012		30/11/2011
Trade accounts receivable	Net	5 776 936	21,0%	4 776 169	101,5%	2 370 794
Gross	BX	5 871 594	20,7%	4 866 612	99,6%	2 438 469
Amortisation	BY	94 658	4,7%	90 443	33,6%	67 675
Other debtors	Net	1 004 032	-1,9%	1 023 275	-59,2%	2 506 309
Gross	BZ	1 004 032	-1,9%	1 023 275	-59,2%	2 506 309
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	6 780 968	16,9%	5 799 444	18,9%	4 877 103

Divers

		31/12/2012		30/11/2012		30/11/2011
Investment securities	Net	0	0%	0	0%	0
Gross	CD	0	0%	0	0%	0
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	467 957	-68,2%	1 469 812	202632,7%	725
Gross	CF	467 957	-68,2%	1 469 812	202632,7%	725
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	467 957	-68,2%	1 469 812	202632,7%	725

Prepaid expenses

		31/12/2012		30/11/2012		30/11/2011
Prepaid expenses	Net	11 174	-40,7%	18 855	-33,3%	28 277
Gross	CH	11 174	-40,7%	18 855	-33,3%	28 277
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2012		30/11/2012		30/11/2011
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	17 164	0%	0	0%	0
Gross		17 164	0%	0	0%	0

References

		31/12/2012		30/11/2012		30/11/2011
Due within one year	CP	0	0%	33	0%	0
Due after one year	CR	0	0%	96 388	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)

		31/12/2012		30/11/2012		30/11/2011
Grand Total (I to V)	EE	9 406 837	-7,4%	10 161 613	27,7%	7 959 054

Shareholder Equity (I)

		31/12/2012		30/11/2012		30/11/2011
Total shareholders' equity (Total I)	DL	3 528 205	24,7%	2 829 121	15,9%	2 441 651
Equity and shareholders' equity	DA	1 500 000	0%	1 500 000	0%	1 500 000
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	150 000	0%	150 000	0%	150 000
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	1 057	0%	1 057	-95,7%	24 490
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	0	0%	0	0%	86 438
Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
Profits or losses brought forward	DH	1 170 025	0%	0	0%	1 620 313
Profit or loss for the period	DI	700 512	-40,1%	1 170 025	220,6%	-970 185
Investment grants	DJ	1 868	-10,2%	2 080	-54,5%	4 575
Special tax-allowable reserves	DK	4 743	-20,4%	5 959	-77,1%	26 020

Other capital resources (II)

		31/12/2012		30/11/2012		30/11/2011
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)

		31/12/2012		30/11/2012		30/11/2011
Total provisions for risks and charges (Total III)	DR	925 241	1,6%	910 493	-21,9%	1 165 237
Risk provisions	DP	490 338	2,5%	478 174	-17,9%	582 407
Reserves for charges	DQ	434 903	0,6%	432 319	-25,8%	582 830

Liabilities (IV)

		31/12/2012		30/11/2012		30/11/2011
Total Liabilities (Total IV)	EC	4 953 392	-22,9%	6 422 000	47,6%	4 352 161
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	0	0%	0	0%	2 427
Sundry loans and financial liabilities	DV	0	0%	0	0%	0
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	1 175 212	-39,4%	1 939 171	100,3%	968 339
Trade accounts payables	DX	2 491 179	-25,9%	3 362 964	30,3%	2 581 673
Tax and social security liabilities	DY	827 270	-2,3%	846 616	26,2%	670 628
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	459 731	68,2%	273 248	111,7%	129 094

Translation loss (V)

		31/12/2012		30/11/2012		30/11/2011
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/12/2012		30/11/2012		30/11/2011
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2012		30/11/2012		30/11/2011
Of which tax-allowable reserve	EF	1 057	0%	1 057	0%	0
Deferred income and liabilities	EG	4 953 392	-22,9%	6 422 000	47,6%	4 352 161
Of which current bank facilities	EH	0	0%	0	0%	2 427

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)

		31/12/2012		30/11/2012		30/11/2011
Operating result (Total I-II)	GG	864 069	-16,3%	1 032 336	191,2%	-1 132 013

2 - Financial result (V - VI)

		31/12/2012		30/11/2012		30/11/2011
Financial result (Total V-VI)	GV	-9 503	68,2%	-29 848	-400,8%	9 924

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

		31/12/2012		30/11/2012		30/11/2011
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	854 566	-14,8%	1 002 488	189,3%	-1 122 089

4 - Extraordinary result (VII-VIII)

		31/12/2012		30/11/2012		30/11/2011
Extraordinary result (Total VII-VIII)	HI	1 216	-93,9%	20 061	94,4%	10 322

Profit or loss

		31/12/2012		30/11/2012		30/11/2011
Profit or loss	HN	700 512	-40,1%	1 170 025	220,6%	-970 185

Total Income (I+III+V+VII)

		31/12/2012		30/11/2012		30/11/2011
Total Income (I+III+V+VII)	HL	2 182 022	-86,7%	16 346 635	75,7%	9 303 186

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

		31/12/2012		30/11/2012		30/11/2011
Total charges (Total II+IV+VI+VIII+IX+X)	HM	1 481 510	-90,2%	15 176 610	47,7%	10 273 370

Operating income (I)

		31/12/2012		30/11/2012		30/11/2011
Total operating income (Total I)	FR	2 172 435	-86,7%	16 315 300	76,2%	9 258 896

Operating income (details)

		31/12/2012		30/11/2012		30/11/2011
Sale of goods for resale	FC	0	0%	0	0%	0
France	FA	0	0%	0	0%	0
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	2 815 077	-81,8%	15 432 745	101,9%	7 644 713
France	FD	724 386	-68,1%	2 267 519	-19,6%	2 819 069
Export	FE	2 090 691	-84,1%	13 165 226	172,8%	4 825 644
Sale of services	FI	5 833	-93,3%	86 981	89,4%	45 931
France	FG	0	0%	0	0%	0
Export	FH	5 833	-93,3%	86 981	89,4%	45 931
Net turnover	FL	2 820 910	-81,8%	15 519 726	101,8%	7 690 644
France	FJ	724 386	-68,1%	2 267 519	-19,6%	2 819 069
Export	FK	2 096 524	-84,2%	13 252 207	172,0%	4 871 575
Stocked production	FM	-692 965	-440,2%	-128 285	-114,4%	892 109
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	5 106	-79,1%	24 426	-31,9%	35 857
Release of reserves and provisions	FP	6 152	-98,8%	519 112	-8,1%	564 629
Other income	FQ	33 232	-91,3%	380 321	402,7%	75 657

Operating charges (II)

		31/12/2012		30/11/2012		30/11/2011
Total operating charges (Total II)	GF	1 308 366	-91,4%	15 282 964	47,1%	10 390 909

Exploitation charges

		31/12/2012		30/11/2012		30/11/2011
Purchase of goods for resale	FS	0	0%	0	0%	0
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	451 083	-94,3%	7 850 987	68,9%	4 648 476
Change in stocks of raw materials	FV	59 233	-2,0%	60 429	225,5%	-48 137
Other external purchases and charges	FW	493 847	-85,3%	3 352 969	75,6%	1 909 392
Tax, duty and similar payments	FX	25 589	-90,6%	272 654	9,8%	248 298
Payroll	FY	143 341	-93,8%	2 307 991	7,4%	2 149 240
Social security costs	FZ	67 526	-93,5%	1 034 254	4,1%	993 456

Depreciation

		31/12/2012		30/11/2012		30/11/2011
Depreciation of fixed assets	GA	13 301	-92,0%	167 032	-10,4%	186 431
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	22 899	0,6%	22 768	-77,3%	100 116
Provisions for risks and charges	GD	2 583	-98,7%	202 853	1,3%	200 268

Other charges

		31/12/2012		30/11/2012		30/11/2011
Other charges	GE	28 964	162,7%	11 027	227,3%	3 369

Operating charges (III-IV)

		31/12/2012		30/11/2012		30/11/2011
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)

		31/12/2012		30/11/2012		30/11/2011
Total financial income (Total V)	GP	8 371	-25,7%	11 274	-66,6%	33 785
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	0	0%	2 733	-75,6%	11 223
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	8 371	-2,0%	8 541	-62,1%	22 562
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		31/12/2012		30/11/2012		30/11/2011
Total financial charge (Total VI)	GU	17 874	-56,5%	41 122	72,3%	23 861
Financial reserves and provisions	GQ	17 164	0%	0	0%	0
Interest and similar charges	GR	0	0%	0	0%	0
Exchange losses	GS	710	-98,3%	41 122	72,3%	23 861
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/12/2012		30/11/2012		30/11/2011
Total extraordinary income (Total VII)	HD	1 216	-93,9%	20 061	91,0%	10 505
Extraordinary operating income	HA	0	0%	0	0%	0
Extraordinary income from capital transactions	HB	0	0%	0	0%	0
Released provisions and transferred charges	HC	1 216	-93,9%	20 061	91,0%	10 505

Extraordinary charges (VIII)

		31/12/2012		30/11/2012		30/11/2011
Total extraordinary charges (Total VIII)	HH	0	0%	0	0%	183
Extraordinary operating charges	HE	0	0%	0	0%	0
Extraordinary charges from capital transactions	HF	0	0%	0	0%	0
Extraordinary reserves and provisions	HG	0	0%	0	0%	183

Employee profit sharing (IX)

		31/12/2012		30/11/2012		30/11/2011
Employee profit sharing (Total IX)	HJ	41 003	0%	0	0%	0

Tax on profits (X)

		31/12/2012		30/11/2012		30/11/2011
Tax on profits (Total X)	HK	114 267	177,5%	-147 476	-4,2%	-141 583

References

		31/12/2012		30/11/2012		30/11/2011
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	10 254	-75,5%	41 929
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	63 484	510,0%	10 408
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomes 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)

		31/12/2012		30/11/2012		30/11/2011
Gross value at begin of period	OG	0	0%	0	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreasess by budget item transfer	OK1	3 572	347,1%	799	-75,3%	3 239
Decreasess by transfers	OK2	0	0%	1 812	0%	0
Gross value at the end of period	OL	4 084 987	0,8%	4 053 002	2,2%	3 966 930

Research and development Charge (Total I)

		31/12/2012		30/11/2012		30/11/2011
Gross value at begin of period	CZ	0	0%	0	0%	0
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreasess by budget item transfer	C01	0	0%	0	0%	0
Decreasess by transfers	C02	0	0%	0	0%	0
Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

		31/12/2012		30/11/2012		30/11/2011
Gross value at begin of period	KD	1 415 607	1,1%	1 400 815	0,1%	1 399 315
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	0	0%	14 792	886,1%	1 500
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	0	0%	0
Gross value at the end of period	LW	1 415 607	0%	1 415 607	1,1%	1 400 815

Tangible fixed assets (Total III)

		31/12/2012		30/11/2012		30/11/2011
Gross value at begin of period	LN	2 627 317	2,8%	2 556 037	5,2%	2 429 922
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	35 559	-51,9%	73 890	-42,9%	129 351
Decreasess by budget item transfer	NG1	3 572	347,1%	799	-75,3%	3 239
Decreasess by transfers	NG2	0	0%	1 812	0%	0
Gross value at the end of period	NH	2 659 304	1,2%	2 627 316	2,8%	2 556 034

Fiancial assets (Total IV)

		31/12/2012		30/11/2012		30/11/2011
Gross value at begin of period	LQ	10 078	0%	10 078	0%	10 078
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	0
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	0	0%	0	0%	0
Gross value at the end of period	NK	10 078	0%	10 078	0%	10 078

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

			31/12/2012		30/11/2012		30/11/2011
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2012		30/11/2012		30/11/2011
	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)

			31/12/2012		30/11/2012		30/11/2011
	Reserve for depreciation value at begin of period	PE	1 402 112	0%	0	0%	1 366 835
Increases		PF	1 680	0%	0	0%	23 452
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	1 403 792	0%	0	0%	1 390 287

Total fixed assets amotisation (Total III)

			31/12/2012		30/11/2012		30/11/2011
	Reserve for depreciation value at begin of period	QU	1 614 444	0%	0	0%	1 298 067
Increases		QV	11 620	0%	0	0%	162 976
Decreases		QW	0	0%	0	0%	0
	Decreasess by budget item transfer	QX	1 626 064	0%	0	0%	1 461 043

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2012		30/11/2012		30/11/2011
	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

			31/12/2012		30/11/2012		30/11/2011
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/12/2012		30/11/2012		30/11/2011
	Value at begining of period	7C	1 065 689	0%	0	0%	1 483 982
Increases		UB	42 646	0%	0	0%	300 566
Decreases		UC	6 216	0%	0	0%	447 149
	Value at the end of period	UD	1 102 119	0%	0	0%	1 337 399

Includes Total allocations

Operating	UE	0	0%	0	0%	0
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	0	0%	0	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			31/12/2012		30/11/2012		30/11/2011
	Value at begining of period	3Z	5 959	0%	0	0%	36 342
Increases		TS	0	0%	0	0%	183
Decreases		TT	1 216	0%	0	0%	10 505
	Value at the end of period	TU	4 743	0%	0	0%	26 020

Total risk and charge provisions (Total II)

			31/12/2012		30/11/2012		30/11/2011
	Value at begining of period	5Z	910 493	0%	0	0%	1 401 611
Increases		TV	19 747	0%	0	0%	200 268
Decreases		TW	5 000	0%	0	0%	436 643
	Value at the end of period	TX	925 240	0%	0	0%	1 165 236

Total Provision for depreciation (Total III)

			31/12/2012		30/11/2012		30/11/2011
	Value at begining of period	7B	149 236	0%	0	0%	46 026
Increases		TY	22 899	0%	0	0%	100 115
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	172 135	0%	0	0%	146 141

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

		31/12/2012		30/11/2012		30/11/2011
Gross value	VT	6 896 878	16,5%	5 918 820	18,8%	4 983 133
1 year at most	VU	6 790 490	16,8%	5 812 432	18,5%	4 905 380
More than one year	VV	106 388	0%	106 388	36,8%	77 753

State of loans

		31/12/2012		30/11/2012		30/11/2011
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	10 078	0%	10 078	0%	10 078
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2012		30/11/2012		30/11/2011
Customers doubtful or disputed	VA	96 310	0%	96 310	42,3%	67 675
Other claims customer	UX	5 775 283	21,1%	4 770 302	101,2%	2 370 793
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	8 040	-16,3%	9 603	40,5%	6 833
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	535 778	3,9%	515 704	108,9%	246 859
Other taxes and payments assimilated	VN	0	0%	0	0%	77 983
State and other public - Miscellaneous	VP	0	0%	0	0%	1 200
Group and Associates	VC	287 935	3,4%	278 445	-86,5%	2 058 961
Accounts receivable (including claims relating to the operation of pension titles)	VR	172 279	-21,5%	219 523	91,8%	114 471

Prepaid

		31/12/2012		30/11/2012		30/11/2011
Prepaid	VS	11 174	-40,7%	18 855	-33,3%	28 277

State Debt

			31/12/2012		30/11/2012		30/11/2011
	Total debt (gross)	VY	3 778 180	-15,7%	4 482 829	32,5%	3 383 824
1 year at most		VZ2	3 778 180	-15,7%	4 482 829	32,5%	3 383 824
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2012		30/11/2012		30/11/2011
	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	0	0%	0	0%	2 427
1 year at most		VG2	0	0%	0	0%	2 427
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	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	2 491 179	-25,9%	3 362 964	30,3%	2 581 673
1 year at most		8B2	2 491 179	-25,9%	3 362 964	30,3%	2 581 673
More than 1 year and 5 years at most		8B3	2 491 179	-25,9%	3 362 964	30,3%	2 581 673
	Personnel and associated accounts (gross)	8C1	315 031	-22,5%	406 243	25,0%	325 059
1 year at most		8C2	315 031	-22,5%	406 243	25,0%	325 059
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	363 443	10,5%	328 765	18,2%	278 091
1 year at most		8D2	363 443	10,5%	328 765	18,2%	278 091
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	29 906	0%	0	0%	0
1 year at most		VW2	29 906	0%	0	0%	0
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	118 889	6,5%	111 609	65,4%	67 478
1 year at most		VQ2	118 889	6,5%	111 609	65,4%	67 478
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	115 156	0%	0	0%	0
1 year at most		VI2	115 156	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	344 576	26,1%	273 248	111,7%	129 094
1 year at most		8K2	344 576	26,1%	273 248	111,7%	129 094
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

		31/12/2012		30/11/2012		30/11/2011
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2012		30/11/2012		30/11/2011
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2012		30/11/2012		30/11/2011
Commitments leasing furniture	YQ	0	0%	0	0%	0
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

		31/12/2012		30/11/2012		30/11/2011
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

		31/12/2012		30/11/2012		30/11/2011
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

		31/12/2012		30/11/2012		30/11/2011
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

		31/12/2012		30/11/2012		30/11/2011
Average number of employees	YP	0	0%	0	0%	0

Groups and Shareholders

		31/12/2012		30/11/2012		30/11/2011
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

	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Fixed Asset Financing	1,83	9,6%	1,67	2,5%	1,63	2,09	-12,4%
Global Debt	53 days	-64,4%	149 days	-27,0%	204 days	139 days	-61,9%
Working Capital Fund overall net	36 days	-42,9%	63 days	-46,2%	117 days	90 days	-60,0%
Financial independence	%	-	%	-	100603,67%	618,93%	-
More ratios
Solvability	37,51%	34,7%	27,84%	-9,3%	30,68%	35,72%	5,0%
Capacity debt futures	%	-	%	-	100603,67%	1761,62%	-
Coverage of current assets by net working capital overall	40%	36,9%	29,21%	-18,4%	35,79%	42,37%	-5,6%
General Liquidity	1,80	38,5%	1,30	-10,3%	1,45	0,80	125,0%
Restricted Liquidity	1,92	18,5%	1,62	11,7%	1,45	1,20	60,0%

Management or rotation

	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Need background in operating working capital	31 days	10,7%	28 days	-75,7%	115 days	46 days	-32,6%
Treasury	5 days	-85,3%	34 days	0%	0 days	24 days	-79,2%
Inventory turnover of goods	days	-	days	-	days	11 days	-
Average length of credit granted to customers	749 days	562,8%	113 days	-0,9%	114 days	75 days	898,7%
Average length of credit obtained suppliers	893 days	734,6%	107 days	-25,2%	143 days	72 days	1140,3%
More ratios
Inventory turnover of raw materials in industrial enterprises	387 days	1448,0%	25 days	-45,7%	46 days	47,50 days	714,7%
Inventory turnover of intermediate and finished products in the industrial enterprise	106 days	-82,1%	591 days	96,3%	301 days	699 days	-84,8%
Rotation tangible assets	106,08%	-82,0%	590,71%	96,3%	300,88%	642,98%	-83,5%

Profitability of the business

	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Margin trading	0%	0%	0%	0%	0	0%	0%
Profitability of the business	31,64	814,5%	3,46	120,8%	-16,67	5,36%	490,3%
Net profit	24,83%	229,3%	7,54%	159,7%	-12,62%	3,57%	595,5%
More ratios
Growth rate of turnover (excluding VAT)	-81,82%	-180,4%	101,80%	273,6%	-58,64%	4,15%	-2071,6%
Rates integration	39,84%	49,8%	26,59%	-1,4%	26,96%	37,28%	6,9%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	18,76%	-76,8%	80,98%	-46,6%	151,60%	77,69%	-75,9%
Weight interests	0,63	142,3%	0,26%	-16,1%	0,31%	0,22%	186,4%

Return on capital

	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Cash flow from the overall profitability	25,91%	200,6%	8,62%	184,6%	-10,19%	5,69%	355,4%
Rates of economic profitability	25%	31,6%	19%	136,5%	-52%	14%	78,6%
Financial profitability	3528205%	24,7%	2829121%	15,9%	2441651%	176038%	1904,2%
Return on investment	20,36%	-52,4%	42,81%	210,6%	-38,72%	10,16%	100,4%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2012		30/11/2012		30/11/2011	Sector Median 2012
Turnover	2 820 910	-81,8%	15 519 726	101,8%	7 690 644	810 984 €	247,8%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	0	0%	0	0%	0
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	0 €	0%	0 €	0%	0 €	0 €	0%
	0,00 % CA	0%	0,00 % CA	0%	0,00 % CA	0 % CA	0%

Sale of goods produced	2 820 910	-81,8%	15 519 726	101,8%	7 690 644
+/- Stocked production	-692 965	-440,2%	-128 285	-114,4%	892 109
+ Self-constructed assets	0	0%	0	0%	0
Period production	2 127 945 €	-86,2%	15 391 441 €	79,3%	8 582 753 €	678 812 €	213,5%
	75,43 % CA	-23,9%	99,17 % CA	-11,1%	111,60 % CA	100 % CA	-24,6%

Trading margin	0	0%	0	0%	0	0	0%
+ Period Production	2 127 945	-86,2%	15 391 441	79,3%	8 582 753	678 812	213,5%
- Purchase of raw materials	451 083	-94,3%	7 850 987	68,9%	4 648 476
+/- Change in stocks of raw materiels	59 233	-2,0%	60 429	225,5%	-48 137
- Other external purchases and charges	493 847	-85,3%	3 352 969	75,6%	1 909 392
Added value	1 123 782 €	-72,8%	4 127 056 €	99,1%	2 073 022 €	295 807 €	279,9%
	39,84 % CA	49,8%	26,59 % CA	-1,4%	26,96 % CA	37,28 % CA	6,9%

Added value	1 123 782 €	-72,8%	4 127 056 €	99,1%	2 073 022 €	295 807 €	279,9%
+ Operating grants	5 106	-79,1%	24 426	-31,9%	35 857
- Tax, duty and similar payments	25 589	-90,6%	272 654	9,8%	248 298
- Personal charges	210 867	-93,7%	3 342 245	6,3%	3 142 696
Gross operating surplus	892 432 €	66,3%	536 583 €	141,9%	-1 282 115 €	34 334 €	2499,3%
	31,64 % CA	814,5%	3,46 % CA	120,8%	-16,67 % CA	5,36 % CA	490,3%

Gross operating surplus	892 432 €	66,3%	536 583 €	141,9%	-1 282 115 €	34 334 €	2499,3%
+ Release of reserves and provisions	6 152	-98,8%	519 112	-8,1%	564 629
+ Other operating income	33 232	-91,3%	380 321	402,7%	75 657
- Depreciation/Amortisation	38 783	-90,1%	392 653	-19,3%	486 815
- Other charges	28 964	162,7%	11 027	227,3%	3 369
Operating result	864 069 €	-16,3%	1 032 336 €	191,2%	-1 132 013 €	20 867 €	4040,8%
	30,63 % CA	360,6%	6,65 % CA	145,2%	-14,72 % CA	3,29 % CA	831,0%

Operating result	864 069 €	-16,3%	1 032 336 €	191,2%	-1 132 013 €	20 867 €	4040,8%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	8 371	-25,7%	11 274	-66,6%	33 785
- Financial charges	17 874	-56,5%	41 122	72,3%	23 861
Pre-tax result	854 566 €	-14,8%	1 002 488 €	189,3%	-1 122 089 €	19 826 €	4210,3%
	30,29 % CA	368,9%	6,46 % CA	144,3%	-14,59 % CA	3,54 % CA	755,6%

Extraordinary income	1 216	-93,9%	20 061	91,0%	10 505	500	143,2%
- Extraordinary charges	0	0%	0	0%	183
Extraordinary result	1 216 €	-93,9%	20 061 €	94,4%	10 322 €	0 €	0%
	0,04 % CA	-69,2%	0,13 % CA	0%	0 % CA	0 % CA	0%

Pre-tax result	854 566 €	-14,8%	1 002 488 €	189,3%	-1 122 089 €	19 826 €	4210,3%
Extraordinary result	1 216 €	-93,9%	20 061 €	94,4%	10 322 €	0 €	0%
- Employee profit sharing	41 003	0%	0	0%	0
- Tax on profits	114 267	177,5%	-147 476	-4,2%	-141 583
Net result	700 512 €	-40,1%	1 170 025 €	220,6%	-970 184 €	28 717 €	2339,4%
	24,83 % CA	229,3%	7,54 % CA	159,7%	-12,62 % CA	3,57 % CA	595,5%

Commentary

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

The shareholder's equity is 3,528,205 €

The sales to current assets ratio is 4,06

The creditor days are 26.86

The return on total assets employed is 103.94

The pre-tax profit is 9,777,348 €

The risk provisions are 925,241 €

The company has 4 directors

Industry code with low risk rating

Department code with low risk rating

The total assets are 9,406,837 €

The liabilities are 4,953,392 €

The net current assets are 8,334,545 €

The net turnover is 33,850,920 €

The ratio total assets to total liabilities is 1,6

The stock to turnover ratio is 2,88

The deviation of tangible fixed assets over the last two accounting periods is 94.36 %

The deviation in the gearing percentage over the last two accounting periods is 54.84 %

High risk workforce size

Payment Information Summary - Trade Payment Data

Payment Information Summary - Trade Payment Data
Total number of Invoices available	1
Total number of Invoices paid within or up to 30 days after the due date	1
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	0

judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Summary of preferential rights

Company monitored since	25/03/2008
Status of Monitoring	No social security and tax office preferential right to date

Group data

Ultimate parent company	MILTON ROY COMPANY
Direct parent	MILTON ROY EUROPE - 99.99 %
Group – Number of companies	12
Linkages – Number of companies	-
Number of countries	-

Group Structure

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the group

MILTON ROY COMPANY

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Linkages

Company Name	SIREN	Parts	Last account published
MILTON ROY COMPANY	-	-	-
SUNDYNE HOLDING	352522031	78.89%	31/12/2012
MILTON ROY EUROPE	663650547	99.90%	31/12/2012
MILTON ROY (UK) LIMITED	01154999	100%	30/11/2012
MILTON ROY IBERICA	-	100%	-
MILTON ROY ITALIA	-	100%	-
MILTON ROY MIXING	331253625	99.99%	31/12/2012
M2S MIDDLE EAST FZE	-	Majority	-
SULLAIR EUROPE	572128643	100%	31/12/2012
SULLAIR GMBH	-	100%	-
SULLAIR LTD	-	100%	-
SUNDYNE INTERNATIONAL SA	016850992	99.72%	31/12/2012

Shareholders

Linkages

Ultimate parent company	MILTON ROY COMPANY
Direct parent	MILTON ROY EUROPE - 99.99 %
Group – Number of companies	12
Linkages – Number of companies	-
Number of countries	-

Linkages

No Linkages information available for the company

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
17/09/2013	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 11171 - 331253625 RCS. MILTON ROY mixing. Forme : Société par actions simplifiée à associé unique. Adresse : 10 rue du Bois Gasseau 77210 Samoreau. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/11/2012.
17/09/2013	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 11172 - 331253625 RCS. MILTON ROY mixing. Forme : Société par actions simplifiée à associé unique. Adresse : 10 rue du Bois Gasseau 77210 Samoreau. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
29/08/2013	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1191 - 331 253 625 RCS Melun. MILTON ROY MIXING. Forme : Société par actions simplifiée à associé unique. Administration : Directeur général Administrateur : MENY Gilles modification le 14 Janvier 2013 Président du conseil d'administration : DIRRINGER BRUNO modification le 14 Janvier 2013 Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS Commissaire aux comptes suppléant : DENIZEAU Jacques Administrateur : DAUNIS Jean Christian en fonction le 20 Août 2013. Activité : . Commentaires : Modification de représentant.
28/07/2013	JAL	Appointment of the social representative
Moniteur de Seine et Marne (Le) Date de décision : 20/06/2013 Société faisant l'objet d'une nomination : 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Nominé : Monsieur Christian DAUNIS, 47200 MARCELLUS En la fonction de : Administrateur
28/07/2013	JAL	Resignation / Revocation of the social representative
Moniteur de Seine et Marne (Le) Date de décision : 20/06/2013 La société 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Fait l'objet du départ de Madame Suellen TORREGROSA
22/01/2013	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1743 - 331 253 625 RCS Melun. MILTON ROY MIXING. Forme : Société par actions simplifiée. Administration : Directeur général Administrateur : MENY Gilles modification le 14 Janvier 2013 Président du conseil d'administration : DIRRINGER BRUNO modification le 14 Janvier 2013 Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS Commissaire aux comptes suppléant : DENIZEAU Jacques Administrateur : TORREGROSA Ann Suellen modification le 25 Juin 2012. Activité : ingénierie construction d'agitateurs et de mélangeurs mécanique générale, création, acquisition et prise à bail d'établissements ayant pour activité : ingénierie et construction d'agitateurs, de mélangeurs, de Racleurs, de solutions complètes intégrant Ces équipements, ainsi que les pièces détachées et les services de tout ordre associés à Ces produits et ce pour toutes les industries requérant Ces produits. les études de modélisation et/ou Simlulation de procédés ou d'améliorations de procédés de traitement chimiques et/ou Physico-chimiques. Commentaires : Modification de la forme juridique. Modification de l'activité. Modification de représentant. Date de commencement de l’activité : 01/03/1985.
08/01/2013	JAL	Appointment of the social representative
Pays Briard (Le) Date de décision : 18/10/2012 Société faisant l'objet d'une nomination : 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Nominé : Monsieur Bruno DIRRINGER, PA 18974 IVYLAND En la fonction de : Président Nominé : Monsieur Gilles MENY, 45330 COUDRAY En la fonction de : Membre du Conseil d'Administration Nominé : Monsieur Bruno DIRRINGER, Ivyland PA 18974 En la fonction de : Membre du Conseil d'Administration Nominé : Non renseignée Ann Suellen TORREGROSA, PA 19446 LANDSALE En la fonction de : Membre du Conseil d'Administration Nominé : Monsieur Gilles MENY, 45330 COUDRAY En la fonction de : Directeur général
27/07/2012	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1586 - 331 253 625 RCS Melun. MILTON ROY MIXING. Forme : Société anonyme. Administration : Administrateur : MENY Gilles Président du conseil d'administration et directeur général : DIRRINGER BRUNO modification le 25 Mai 2012 Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS Commissaire aux comptes suppléant : DENIZEAU Jacques Administrateur : TORREGROSA Ann Suellen modification le 25 Juin 2012. Activité : . Commentaires : Modification de représentant.
20/07/2012	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 9771 - 331253625 RCS. MILTON ROY mixing. Forme : Société anonyme. Adresse : 10 rue du Bois Gasseau 77210 Samoreau. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/11/2009.
20/07/2012	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 9773 - 331253625 RCS. MILTON ROY mixing. Forme : Société anonyme. Adresse : 10 rue du Bois Gasseau 77210 Samoreau. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/11/2011.
20/07/2012	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 9772 - 331253625 RCS. MILTON ROY mixing. Forme : Société anonyme. Adresse : 10 rue du Bois Gasseau 77210 Samoreau. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/11/2010.
17/07/2012	JAL	Resignation / Revocation of the social representative
Pays Briard (Le) Date de décision : 13/01/2011 La société 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Fait l'objet du départ de Monsieur Bertrand DE TAISNE
05/06/2012	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 2680 - 331 253 625 RCS Melun. MILTON ROY MIXING. Forme : Société anonyme. Administration : Administrateur : MENY Gilles Président du conseil d'administration et directeur général : DIRRINGER BRUNO modification le 25 Mai 2012 Administrateur : DE TAISNE U Bertrand Lambert Raoul Marie Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS Commissaire aux comptes suppléant : DENIZEAU Jacques Administrateur : TORREGROSA Ann Suellen en fonction le 25 Mai 2012. Activité : . Commentaires : Modification de représentant.
22/05/2012	JAL	Appointment of the social representative
Pays Briard (Le) Date de décision : 27/03/2012 Société faisant l'objet d'une nomination : 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Nominé : Monsieur Bruno DIRRINGER, 76230 BOIS-GUILLAUME BIHOREL En la fonction de : Président Directeur Général Nominé : Mademoiselle Ann Suellen TORREGROSA, PA19446 LANDSALE En la fonction de : Administrateur
22/05/2012	JAL	Resignation / Revocation of the social representative
Pays Briard (Le) Date de décision : 27/03/2012 La société 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Fait l'objet du départ de Monsieur Jean-Claude PHARAMOND, De Monsieur Jean-Claude PHARAMOND
19/09/2010	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1351 - 331 253 625 RCS Melun. MILTON ROY MIXING. Forme : Société anonyme à conseil d'administration. Administration : Président du conseil d'administration et directeur général : PHARAMOND Jean-Claude Administrateur : MENY Gilles Administrateur : DIRRINGER BRUNO Administrateur : DE TAISNE Bertrand Lambert Raoul Marie U Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS Commissaire aux comptes suppléant : DENIZEAU Jacques. Capital : 1500000 EUR. Activité : Ingénierie construction d'agitateurs et de mélangeurs Macanique générale. Adresse de l’établissement principal : 10 rue du Bois Gasseau, 77210 Samoreau. Adresse du siège social : 10 rue du Bois Gasseau, 77210 Samoreau. Commentaires : Changement de président du conseil d'administration. Date d’effet : 25/05/2009.
19/09/2010	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 1352 - 331 253 625 RCS Melun. MILTON ROY MIXING. Forme : Société anonyme à conseil d'administration. Administration : Président du conseil d'administration et directeur général : PHARAMOND Jean-Claude Administrateur : MENY Gilles Administrateur : DIRRINGER BRUNO Administrateur : DE TAISNE Bertrand Lambert Raoul Marie U Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS Commissaire aux comptes suppléant : DENIZEAU Jacques. Capital : 1500000 EUR. Activité : Ingénierie construction d'agitateurs et de mélangeurs Macanique générale. Adresse de l’établissement principal : 10 rue du Bois Gasseau, 77210 Samoreau. Adresse du siège social : 10 rue du Bois Gasseau, 77210 Samoreau. Commentaires : Changement d'administrateur. Date d’effet : 30/06/2009.
06/07/2010	JAL	Appointment of the social representative
LE PAYS BRIARD Société faisant objet d'une nomination : 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Nominé : Monsieur Bertrand DE TAISNE, 24 PLACE 24 PLACE DE LA ROUGEMARE, 76000 ROUEN En la fonction de : Administrateur
06/07/2010	JAL	Resignation / Revocation of the social representative
LE PAYS BRIARD Date de décision : 25/05/2009 La société 331253625 - MILTON ROY MIXING, 10 RUE DU BOIS GASSEAU, ZA, 77210 SAMOREAU Fait l'objet du départ de Monsieur Olivier PERRIN
21/12/2009	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MELUN 10309 - 331253625 RCS. MILTON ROY mixing. Forme : Société anonyme à conseil d'administration. Adresse : 10 rue du Bois Gasseau 77210 Samoreau. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/11/2008.
26/07/2008	Bodacc C	Comptes annuels et rapports
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MONTEREAU 9047 - 331253625 RCS. MILTON ROY MIXING. Forme : Société anonyme. Adresse : 10 rue du Bois Gasseau 77210 Samoreau. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/11/2007.
25/07/2008	Bodacc B	Modification et mutation diverse
77 - SEINE-ET-MARNE GREFFE DU TRIBUNAL DE COMMERCE DE MONTEREAU 3154 - 331 253 625 RCS Montereau. MILTON ROY MIXING. Forme : Société anonyme. Administration : Président directeur général : PERRIN OlivierAdministrateur : PHARAMOND Jean-Claude. Administrateur : MENY Gilles. Administrateur : DIRRINGER BRUNO. Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS. Commissaire aux comptes suppléant : DENIZEAU Jacques. Commentaires : Modification survenue sur l'administration.
09/11/2007	Bodacc C	Avis de dépôt des comptes
5989 - 331 253 625. RCS Montereau MILTON ROY MIXING. Forme: Société anonyme. Adresse du siège social: 10 rue du Bois Gasseau 77210 Samoreau. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2006.
13/07/2006	Bodacc C	Avis de dépôt des comptes
4733 - RCS Montereau B 331 253 625. RC 85-B 98. MILTON ROY MIXING. Forme: S.A. Adresse du siège social: 10, rue du Bois Gasseau,77210 Samoreau. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2005.
19/02/2006	Bodacc B	Modifications et mutations diverses
0974 - RCS Montereau B 331 253 625. RC 85-B 98. MILTON ROY MIXING. Forme : S.A. Capital : 1 500 000 euros. Adresse du siège social : 10 rue du Bois-Gasseau,, 77210 Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 9 novembre 2005.
07/08/2005	Bodacc C	Avis de dépôt des comptes
4691 - RCS Montereau B 331 253 625. RC 85-B 98. MILTON ROY MIXING. Forme: S.A. Adresse du siège social: 10, rue du Bois Gasseau,77210 Samoreau. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2004.
22/07/2004	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 MILTON ROY MIXING. Forme : S.A. Adresse du siège social : 10 rue du Bois-Gasseau, 77210 Samoreau. Commentaires : modification survenue sur l' administration. Administration : président directeur général : PERRIN ( Olivier) ( Nom d'usage : PERRIN). Administrateurs : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND) MENY (Gilles) ( Nom d'usage : MENY) FAVRE-BULLY (Jean-Louis) ( Nom d'usage : FAVRE-BULLY). Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS. Commissaire aux comptes suppléant : DENIZEAU (Jacques) ( Nom d'usage : DENIZEAU). Date d'effet : 14 mai 2004.
19/09/2003	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 MILTON ROY MIXING. Forme : S.A. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur la dénomination. Ancienne : JROBIN INDUSTRIES. Date d'effet : 30 juillet 2003.
22/08/2003	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur l' administration. Mise en harmonie des statuts. Administration : président directeur général : PERRIN (Olivier) ( Nom d'usage : PERRIN), également directeur général. Administrateurs : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND) MENY (Gilles) ( Nom d' usage : MENY) NGUYEN (Nam) ( Nom d' usage : NGUYEN). Commissaire aux comptes titulaire : PRICEWATERHOUSE COOPERS. Commissaire aux comptes suppléant : DENIZEAU (Jacques) ( Nom d' usage : DENIZEAU). Date d'effet : 26 mai 2003.
18/10/2002	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Capital : 1 500 000 euros. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur l'administration. Administration : P.-D.G. : PERRIN ( Olivier) ( Nom d'usage : PERRIN). Administrateurs : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND) AUDIDIERE (Pierre) ( Nom d'usage : AUDIDIERE) MENY (Gilles) ( Nom d' usage : MENY). Commissaire aux comptes titulaire : BEFEC-PRICE WATERHOUSE. Commissaire aux comptes suppléant : DENIZEAU (Jacques) ( Nom d'usage : DENIZEAU). Date d'effet : 27 mars 2002.
18/10/2002	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Capital : 1 500 000 euros. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur l'administration. Administration : P.-D.G. : PERRIN ( Olivier) ( Nom d'usage : PERRIN). Administrateurs : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND) MENY (Gilles) ( Nom d'usage : MENY) NGUYEN (Nam) ( Nom d'usage : NGUYEN). Commissaire aux comptes titulaire : BEFEC-PRICE WATERHOUSE. Commissaire aux comptes suppléant : DENIZEAU (Jacques) ( Nom d'usage : DENIZEAU). Date d'effet : 22 mai 2002.
16/08/2002	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Capital : 1 500 000 euros. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur l'administration. Administration : P.-D.G. : PERRIN ( Olivier) ( Nom d'usage : PERRIN). Administrateurs : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND) AUDIDIERE (Pierre) ( Nom d'usage : AUDIDIERE) BLANC (Claude) ( Nom d' usage : BLANC). Commissaire aux comptes titulaire : BEFEC PRICE WATERHOUSE. Commissaire aux comptes suppléant : DENIZEAU (Jacques) ( Nom d' usage : DENIZEAU). Date d'effet : 27 mars 2002.
16/11/2001	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Capital : 10 000 000 de F. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur l'administration. Administration : président du conseil d' administration : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND). Administrateurs : AUDIDIERE (Pierre) ( Nom d'usage : AUDIDIERE) BLANC ( Claude) ( Nom d'usage : BLANC) PERRIN (Olivier) ( Nom d'usage : PERRIN). Commissaire aux comptes titulaire : BEFEC-PRICE WATERHOUSE. Commissaire aux comptes suppléant : DENIZEAU (Jacques) ( Nom d'usage : DENIZEAU). Date d'effet : 25 mai 2001.
23/04/2000	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur l' administration. Administration : président du conseil d'administration : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND). Administrateurs : AUDIDIERE (Pierre) ( Nom d'usage : AUDIDIERE) BLANC (Claude) ( Nom d'usage : BLANC) COOLIDGE (Anson) ( Nom d'usage : COOLIDGE). Commissaire aux comptes titulaire : ERNST ET YOUNG AUDIT. Commissaire aux comptes suppléant : CARREGA (François) ( Nom d'usage : CARREGA). Date d'effet : 26 mai 1999.
23/04/2000	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Adresse du siège social : 10 rue du Bois-Gasseau, Samoreau, 77210 Avon. Commentaires : modification survenue sur l' administration. Administration : président du conseil d'administration : PHARAMOND (Jean, Claude) ( Nom d'usage : PHARAMOND). Administrateurs : AUDIDIERE (Pierre) ( Nom d'usage : AUDIDIERE) BLANC (Claude) ( Nom d'usage : BLANC) COOLIDGE (Anson) ( Nom d'usage : COOLIDGE). Commissaire aux comptes titulaire : BEFEC-PRICE WATERHOUSE. Commissaire aux comptes suppléant : DENIZEAU (Jacques) ( Nom d'usage : DENIZEAU). Date d'effet : 12 octobre 1999.
16/01/1999	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Capital : 10 000 000 F (fixe). Adresse du siège social : 10, rue du Bois-Gasseau, Samoreau 77210 Avon. Commentaires : changement de la date de cloture de l' exercice comptable : ancienne, 31 décembre nouvelle : 30 novembre, et continuation de la société malgré la perte de la moitié du capital. Administration : ancien commissaire aux comptes titulaire : FLOURY (Yves), nouveau commissaire aux comptes titulaire : ERNST ET YOUNG AUDIT ancien commissaire aux comptes suppléant : FIDUCIAIRE REVISUION, nouveau commissaire aux comptes suppléant : CARREGA (François). Date d'effet : 15 juin 1998.
03/04/1998	Bodacc B	Modifications et mutations diverses
RCS *. RCS Montereau B 331 253 625 RC RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Administration : nomination en qualité de président du conseil d' administration et administrateur : PHARAMOND (Jean-Claude) Modification : administrateur : AUDIDIERE (Pierre). Suppression : administrateurs : PRESSINDUSTRIA S.P.A. STRANEO (Paolo) . Nomination en qualité d' administrateurs : DEGREMONT (Jean- Claude) COOLIDGE (Anson). Commentaires : modification survenue sur l'administration.
10/07/1997	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331 253 625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Capital : 10 000 000 de F (fixe). Adresse du siège social : 10, rue du Bois-Gasseau, 77210 Samoreau. Administration : ancien représentant permanent de PRESSINDUSTRIA : VITALI (Roberto), nouveau représentant permanent de PRESSINDUSTRIA : RADICE (Ugo), ancien administrateur démissionnaire. Date d'effet : 26 novembre 1996.
10/02/1995	Bodacc B	Modifications et mutations diverses
RCS Montereau B 331253625 RC 85-B 98 ROBIN INDUSTRIES. Forme : S.A. Capital : 10 000 000 F (fixe). Adresse du siège social : 10, rue du Bois-Gasseau Samoreau 77210 Avon. Administration : ancien administrateur : COMPARE ( Alberto). Nouvel administrateur : RADICE (Ugo). Date d'effet : 26 juin 1994.

Company events history

Date	Description
15/10/2013	Update Limit
15/10/2013	Update Rating
17/09/2013	Bodacc C : Deposit accounts notice
10/09/2013	Update Limit
10/09/2013	Update Rating
10/09/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
29/08/2013	Bodacc B: Various editing or changing
20/08/2013	Amendment
20/08/2013	Changes to the Board of Directors
28/07/2013	Legal Gazette: Resignation / Revocation of the social representative
18/07/2013	Update Limit
18/07/2013	Update Rating
05/07/2013	New ultimate parent
05/07/2013	New parent detected
20/06/2013	Legal Gazette: Appointment of the social representative
22/01/2013	Bodacc B: Various editing or changing
14/01/2013	Amendment
14/01/2013	Updated articles of association
14/01/2013	New closing date
14/01/2013	New legal form – new category
14/01/2013	Minutes of general meeting of shareholders
14/01/2013	Changes to the Board of Directors
14/01/2013	Change to corporate purpose
31/12/2012	New accounts available
30/11/2012	New accounts available
18/10/2012	Legal Gazette: Appointment of the social representative
18/10/2012	Modification to Company Identifier
18/10/2012	Update of Company Legal Form
18/10/2012	Update of Company Workforce
27/07/2012	Bodacc B: Various editing or changing
20/07/2012	Bodacc C : Deposit accounts notice
19/07/2012	Amendment
17/07/2012	Legal Gazette: Resignation / Revocation of the social representative
14/07/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
30/06/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
05/06/2012	Bodacc B: Various editing or changing
25/05/2012	Changes to the Board of Directors
25/05/2012	New chairman (CEO, CoB)
25/05/2012	Amendment
25/05/2012	Minutes of general meeting of shareholders
22/05/2012	Legal Gazette: Resignation / Revocation of the social representative
27/03/2012	Legal Gazette: Appointment of the social representative
30/11/2011	New accounts available
30/11/2010	New accounts available
19/09/2010	Bodacc B: Various editing or changing
27/07/2010	New chairman (CEO, CoB)
27/07/2010	Amendment
27/07/2010	Acte modificatif
27/07/2010	Minutes of Board meeting
27/07/2010	PV d'Assemblée
27/07/2010	Minutes of general meeting of shareholders
27/07/2010	Changes to the Board of Directors
27/07/2010	Modification du Conseil d'Administration
27/07/2010	Changement de Président (PDG, PCA)
06/07/2010	Legal Gazette: Resignation / Revocation of the social representative
02/06/2010	Prorogation de durée
02/06/2010	Application and court order
02/06/2010	Requête et Ordonnance
02/06/2010	Extension of term
21/12/2009	Bodacc C : Deposit accounts notice
30/11/2009	New accounts available
30/06/2009	Legal Gazette: Appointment of the social representative
30/11/2008	New accounts available
26/07/2008	Bodacc C : Deposit accounts notice
25/07/2008	Bodacc B: Various editing or changing
25/07/2008	New Bodacc B ads detected
08/07/2008	PV d'Assemblée
08/07/2008	Appointment/resignation of company officers
08/07/2008	Private document
08/07/2008	Changes to the Board of Directors
08/07/2008	Modification du Conseil d'Administration
08/07/2008	Minutes of general meeting of shareholders
25/03/2008	Collection of preferential rights activated for this company
30/11/2007	New accounts available
30/11/2006	New accounts available
10/01/2006	Updated articles of association
10/01/2006	Updated articles of association
10/01/2006	Augmentation de Capital
10/01/2006	Capital increase
10/01/2006	Minutes of general meeting of shareholders
10/01/2006	Capital reduction
10/01/2006	Capital reduction
10/01/2006	Private document
10/01/2006	Private document
10/01/2006	PV d'Assemblée
10/01/2006	Minutes of general meeting of shareholders
10/01/2006	Statuts mis à jour
10/01/2006	Capital increase
30/11/2005	New accounts available
30/11/2004	New accounts available
22/06/2004	Changes to the Board of Directors
22/06/2004	Modification du Conseil d'Administration
22/06/2004	Changes to the Board of Directors
22/06/2004	Acte sous seing privé
22/06/2004	Minutes of general meeting of shareholders
22/06/2004	Private document
22/06/2004	Appointment/resignation of company officers
22/06/2004	Nomination/démission des organes de gestion
22/06/2004	Appointment/resignation of company officers
22/06/2004	Minutes of general meeting of shareholders
22/06/2004	PV d'Assemblée
22/06/2004	Acte modificatif
22/06/2004	Private document
30/11/2003	New accounts available
06/08/2003	Changement de dénomination sociale
06/08/2003	Acte sous seing privé
06/08/2003	PV du Conseil d'Administration
06/08/2003	PV d'Assemblée
06/08/2003	Acte modificatif
06/08/2003	Rapport des Commissaires ou du Gérant
06/08/2003	Statuts mis à jour
07/07/2003	Acte sous seing privé
07/07/2003	Continuation malgré perte supérieure à la moitié du capital
07/07/2003	Acte modificatif
07/07/2003	Modification du Conseil d'Administration
07/07/2003	PV d'Assemblée
07/07/2003	Statuts mis à jour
12/09/2002	Changement de Président (PDG, PCA)
12/09/2002	Nomination/démission des organes de gestion
12/09/2002	PV du Conseil d'Administration
12/09/2002	Acte sous seing privé
12/09/2002	Acte modificatif
12/09/2002	Modification du Conseil d'Administration
12/09/2002	PV d'Assemblée
10/07/2002	PV d'Assemblée
10/07/2002	Nomination/démission des organes de gestion
10/07/2002	Acte sous seing privé
10/07/2002	Changement de Président (PDG, PCA)
10/07/2002	Acte modificatif
10/07/2002	PV du Conseil d'Administration
10/07/2002	Modification du Conseil d'Administration
12/10/2001	Réduction de Capital
12/10/2001	Nomination/démission des organes de gestion
12/10/2001	Acte sous seing privé
12/10/2001	Modification du Conseil d'Administration
12/10/2001	PV d'Assemblée
12/10/2001	PV du Conseil d'Administration
12/10/2001	Statuts mis à jour
10/10/2001	Acte modificatif
10/10/2001	Modification du Conseil d'Administration
10/10/2001	Statuts mis à jour
10/10/2001	PV d'Assemblée
10/10/2001	PV du Conseil d'Administration
16/03/2000	PV du Conseil d'Administration
16/03/2000	Changement de Commissaire aux Comptes
16/03/2000	Acte modificatif
16/03/2000	PV d'Assemblée
16/03/2000	Acte sous seing privé
16/03/2000	Nomination/démission des organes de gestion
16/03/2000	Modification du Conseil d'Administration
04/08/1998	Changement de Commissaire aux Comptes
04/08/1998	PV d'Assemblée
04/08/1998	Statuts mis à jour
04/08/1998	Nomination/démission des organes de gestion
04/08/1998	Acte modificatif
04/08/1998	Acte sous seing privé
04/08/1998	Changement de date de clôture
17/03/1998	Acte sous seing privé
17/03/1998	Acte modificatif
17/03/1998	PV du Conseil d'Administration
17/03/1998	Modification du Conseil d'Administration
17/03/1998	Nomination/démission des organes de gestion
17/03/1998	PV d'Assemblée
21/04/1997	PV d'Assemblée
21/04/1997	Modification du Conseil d'Administration
21/04/1997	Nomination/démission des organes de gestion
21/04/1997	Acte modificatif
21/04/1997	PV du Conseil d'Administration
21/04/1997	Acte sous seing privé
05/10/1994	Nomination/démission des organes de gestion
05/10/1994	Modification du Conseil d'Administration
05/10/1994	PV d'Assemblée
05/10/1994	Acte modificatif
05/10/1994	PV du Conseil d'Administration
04/03/1994	Acte modificatif
04/03/1994	PV du Conseil d'Administration
04/03/1994	PV d'Assemblée
04/03/1994	Modification du Conseil d'Administration
24/11/1993	PV d'Assemblée
19/08/1992	Nomination/démission des organes de gestion
19/08/1992	PV d'Assemblée
19/08/1992	Acte modificatif
19/08/1992	PV du Conseil d'Administration
19/08/1992	Modification du Conseil d'Administration
13/05/1992	Changement de Commissaire aux Comptes
13/05/1992	PV d'Assemblée
13/05/1992	Acte modificatif

Establishment events history

Date	Description
10/09/2013	Update Rating
10/09/2013	Update Limit
07/09/2013	Update Limit
03/08/2013	Update Rating
06/07/2013	Update Rating
17/01/2013	Update Rating
18/10/2012	Update of Establishment Workforce
18/10/2012	Modification of Head office
10/10/2012	Update Rating
14/07/2012	Update Rating
30/06/2012	Update Limit
30/06/2012	Update Rating
07/06/2012	Update Rating
08/03/2012	Update Rating
19/10/2011	Update Rating
11/08/2011	Update Rating
11/08/2011	Update Limit
18/03/2011	Update Rating
19/09/2010	Update Limit
06/08/2010	Update Rating
30/12/2009	Update Rating
20/11/2009	Update Rating
20/11/2009	Update Limit
06/09/2009	Update Limit
08/08/2009	Update Rating
29/07/2008	Update Limit
13/01/2008	Update Limit
16/12/2007	Update Limit
10/12/2007	Update Limit
09/12/2007	Update Limit
28/08/2007	Update Limit
28/08/2007	Update Rating
11/04/2007	Update Limit
11/04/2007	Update Rating
25/01/2007	Update Limit
25/01/2007	Update Rating
20/01/2007	Update Limit
20/01/2007	Update Rating

directors

Name	M. MENY GILLES
Manager position	Administrator, Managing director	Date of birth	31/07/1958
Place of birth	FLERS (61)
Type	Individual	Name at birth

Name	M. DIRRINGER BRUNO
Manager position	Chairman of the Board	Date of birth	27/12/1970
Place of birth	SELESTAT (67)
Type	Individual	Name at birth

Name	M. DAUNIS JEAN CHRISTIAN
Manager position	Administrator	Date of birth	10/08/1957
Place of birth	BEAUPUY
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Chief Executive Officer	M OLIVIER PERRIN	28/07/1950 - SAINT LUPERCE
Managing director	M DIRRINGER BRUNO	27/12/1970 - SELESTAT (67)
Administrator	M DIRRINGER BRUNO	27/12/1970 - 67 SELESTAT (67)
Administrator	M BRUNO DIRRINGER	- - -
Administrator	M JEAN-LOUIS FAVRE BULLY	29/11/1960 - BOURG EN BRESSE
Administrator	MENY GILLES	- - -
Administrator	M GILLES MENY	31/07/1958 - FLERS
Administrator	M JEAN-CLAUDE PHARAMOND	10/03/1947 - TUBINGEN ALLEMAGNE
Administrator	Mme ANN SUELLEN TORREGROSA	03/09/1962 - VIRGINIA(ETATS-UNIS D'AMERIQUE)

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.13
UK Pound	1	Rs.101.53
Euro	1	Rs.85.41

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.