MIRA INFORM REPORT

Report Date :

20.02.2013

IDENTIFICATION DETAILS

Name :	ANAIS SU
Registered Office :	54 Rue Greneta 75002 Paris 2
Country :	France
Financials (as on) :	31.12.2008
Date of Incorporation :	July, 1999
Com. Reg. No.:	RCS Paris B 423 665 603
Legal Form :	Limited Liability Company
Line of Business :	Wholesale (intercompany trade) of clothing and footwear
No. of Employees :	3 to 5 employees

RATING & COMMENTS

MIRA’s Rating :

B

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

Status :	Moderate
Payment Behaviour :	Unknown
Litigation :	Clear

NOTES:

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

ECGC Country Risk Classification List – June 30^th, 2012

Country Name	Previous Rating (31.03.2012)	Current Rating (30.06.2012)
France	A1	A1

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

France - ECONOMIC OVERVIEW

France was transitioning from an economy that has featured extensive government ownership and intervention to one that relies more on market mechanisms but is in the midst of a euro-zone crisis. The government has partially or fully privatized many large companies, banks, and insurers, and has ceded stakes in such leading firms as Air France, France Telecom, Renault, and Thales. It maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 75 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. The unemployment rate increased from 7.4% in 2008 to 9.3% in 2010 and 9.1% in 2011. Lower-than-expected growth and increased unemployment have cut government revenues and increased borrowing costs, contributing to a deterioration of France's public finances. The government budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 5.8% of GDP in 2011, while France's public debt rose from 68% of GDP to 86% over the same period. Under President SARKOZY, Paris implemented austerity measures that eliminated tax credits and froze most government spending in an effort 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 levels. Socialist Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, as well as measures such as forcing banks to separate their traditional deposit taking and lending activities from more speculative businesses, increasing taxes on bank profits, introducing a new top bracket on income taxes for people earning over €1 million ($1.3 million) a year, and hiring an additional 60,000 civil servants during his five-year term of office.

Source : CIA

company nmae and address

Name

ANAIS SU

SIRET

423 665 603 00027

Personal comment

company summary

Name	ANAIS SU	EUR VAT Number	FR01423665603
Activity (APE)	Wholesale (intercompany trade) of clothing and footwear (4642Z)	Legal form	Limited Liability Company
Phone	01 42 36 98 84	RCS Registration	RCS Paris B 423 665 603
Fax	01 42 36 98 85	Share capital	100,000 Euros
Address	ANAIS SU 54 RUE GRENETA 75002 PARIS 2	Incorporated Date	07/1999
Nationality	France	Status	Economically active

Current Directors

Trading to Date	12/31/2008	12/31/2005
Turnover	4,337,845 €	1,108,834 €
Gross Operating Surplus	4,64 % Turnover	1,42 % Turnover
Shareholders’ equity	163,143 €	59,371 €
Net result	58,243 €	-461 €
Employees	3 to 5 employees	-

Trends
Profitability
Liquidity
Net worth

COMPANY DETAILS

Activity (APE)	Wholesale (intercompany trade) of clothing and footwear (4642Z)
RCS Registration	RCS Paris B 423 665 603	Share capital	100,000 Euros
Registration Court	Paris (75)	Legal form	Limited Liability Company
Court Registry Number	99 B 10224	EUR VAT Number	FR01423665603
Incorporation Date	07/1999	Formation Date	06/1999
Deregistration Date		Last account Date	31/12/2008
Nationality	France

ESTABLISHMENT DETAILS

Activity (APE)	Wholesale (intercompany trade) of clothing and footwear (4642Z)	Business Pages FT®
Postal Address	ANAIS SU 54 RUE GRENETA 75002 PARIS 2	Trading Address	54 RUE GRENETA 75002 PARIS 2
Telephone	01 42 36 98 84
Fax	01 42 36 98 85

Type	Head office (one site company)	Status	Economically active
Formation Date	10/2001	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

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

Branches	1 branch entities in this company
Head office	> ANAIS SU <<< - Commerce de gros (commerce interentreprises) d'habillement et de chaussures (4642Z) in PARIS 2 (75002)
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

3 to 5 employees

Company workforce

3 to 5 employees

accounts

Active Account | Passive Account | Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2008	31/12/2005
Account period (month)	12	12
Account Type	Normal	Normal
Deposit date	-	-
Activity Code	4642Z	4642Z
Employees	0	0	-

Active account

Annual Accounts	31/12/2008		31/12/2005	Sector Median 2008
Capital not called	0	0%	0	0	0%
Total fixed assets	40 239	188,9%	13 926	36 498,50	10,2%
- Intangible assets	0	0%	0	2 069	0%
- Tangible assets	32 922	398,1%	6 609	5 981,50	450,4%
- Financial assets	7 317	0%	7 317	4 860	50,6%
Net current assets	1 317 484	302,4%	327 406	198 869,50	562,5%
- Stocks	81 000	-39,4%	133 702	49 676	63,1%
- Advanced payments	0	302,4%	0	0	0%
- Receivables	1 152 094	756,1%	134 580	61 446,50	1775,0%
- Securities and cash	84 389	42,7%	59 123	27 773	203,9%
- Prepaid expenses	-	-	-	98	-
Accounts of regularization	0	0%	0	0	0%
Total Assets	1 357 724	297,8%	341 332	274 050,50	395,4%

Passive Account

Annual Accounts	31/12/2008		31/12/2005	Sector Median 2008
Shareholders' equity	163 143	174,8%	59 371	50 492,50	223,1%
Share capital	7 622	0%	7 622	8 000	-4,7%
Other capital resources	0	0%	0	0	0%
Risk Provisions	0	0%	0	0	0%
Liabilities	1 194 580	323,7%	281 961	193 944	515,9%
- Financial liabilities	19 819	5,1%	18 856	17 019,50	16,4%
- Advanced payments received	0	0%	0	0	0%
- Trade account payables	867 273	320,9%	206 039	65 020,50	1233,8%
- Tax and social liabilities	282 435	420,0%	54 317	43 429	550,3%
- Other debts and fixed assets liabilities	25 051	811,9%	2 747	9 245,50	171,0%
Account regularization	0	0%	0	0	0%
Total liabilities	1 357 724	297,8%	341 332	274 050,50	395,4%

Results

Annual Accounts	31/12/2008		31/12/2005	Sector Median 2008
Sales of Goods	4 337 854	271,2%	1 168 665	454 005	855,5%
Net turnover	4 337 845	291,2%	1 108 834	443 893,50	877,2%
- of which net export turnover	401 878	-37,9%	647 356	3 502,50	11374,0%
Operating charges	4 148 521	259,8%	1 153 089	442 847	836,8%
Operating profit/loss	189 333	1115,5%	15 576	6 238,50	2934,9%
Financial income	3 462	148,9%	1 391	10	34520,0%
Financial charges	92 460	453,4%	16 708	1 047,50	8726,7%
Financial profit/loss	-88 997	-481,1%	-15 316	-216	-41102,3%
Pretax net operating income	100 335	38490,4%	260	4 924,50	1937,5%
Extraordinary income	1 500	-83,1%	8 895	06	24900%
Extraordinary charges	21 166	120,1%	9 616	264,50	7902,3%
Extraordinary profit/loss	-19 666	-2627,6%	-721	0	0%
Net result	58 243	12734,1%	-461	4 912,50	1085,6%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2008	31/12/2005
Months	12	12

Accounts - Active
Current Assets | Equalization accounts | Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2008		31/12/2005
	Grand Total (I to VI)	Net	1 357 724	297,8%	341 332
	Gross	CO	1 397 337	260,2%	387 889
	Amortisation	1A	39 613	-14,9%	46 557

Non declared distributed capital (I)

		31/12/2008		31/12/2005
Non declared distributed capital (I)	AA3	0	0%	0
Gross	AA	-	-	-

Active fixed asset (II)

			31/12/2008		31/12/2005
	Total Active fixed asset (II)	Net	40 239	188,9%	13 926
	Gross	BJ	79 852	32,0%	60 483
	Amortisation	BK	39 613	-14,9%	46 557

Intangilble fixed assets

			31/12/2008		31/12/2005
	Start-up cost	Net	0	0%	0
	Gross	AB	0	0%	0
	Amortisation	AC	0	0%	0
	R & D expenses	Net	0	0%	0
	Gross	CX	0	0%	0
	Amortisation	AE	0	0%	0
	Distributorships, patents	Net	0	0%	0
	Gross	AF	0	0%	0
	Amortisation	AG	0	0%	0
	Goodwill	Net	0	0%	0
	Gross	AH	0	0%	0
	Amortisation	AI	0	0%	0
	Other intangible fixed assets	Net	0	0%	0
	Gross	AJ	0	0%	0
	Amortisation	AK	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0
	Gross	AL	0	0%	0
	Amortisation	AM	0	0%	0
Sub Total Intangible Assets		Net	0	0%	0

Tangilble fixed assets

			31/12/2008		31/12/2005
	Lands	Net	0	0%	0
	Gross	AN	0	0%	0
	Amortisation	AO	0	0%	0
	Buildings	Net	0	0%	0
	Gross	AP	0	0%	0
	Amortisation	AQ	0	0%	0
	Plant	Net	626	-70,6%	2 130
	Gross	AR	10 909	7,2%	10 175
	Amortisation	AS	10 283	27,8%	8 045
	Other tangible fixed assets	Net	32 296	621,1%	4 479
	Gross	AT	61 625	43,3%	42 990
	Amortisation	AU	29 329	-23,8%	38 511
	Fixed assets in construction	Net	0	0%	0
	Gross	AV	0	0%	0
	Amortisation	AW	0	0%	0
	Advances and payments on account	Net	0	0%	0
	Gross	AX	0	0%	0
	Amortisation	AY	0	0%	0
	Sub Total Tangible asset	Net	32 922		6 609

Financial assets

			31/12/2008		31/12/2005
	Associates at equity	Net	0	0%	0
	Gross	CS	0	0%	0
	Amortisation	CT	0	0%	0
	Other participations	Net	0	0%	0
	Gross	CU	0	0%	0
	Amortisation	CV	0	0%	0
	Inter-company receivables	Net	0	0%	0
	Gross	BB	0	0%	0
	Amortisation	BC	0	0%	0
	Other investment securities	Net	0	0%	0
	Gross	BD	0	0%	0
	Amortisation	BE	0	0%	0
	Loans	Net	0	0%	0
	Gross	BF	0	0%	0
	Amortisation	BG	0		0
	Other financial assets	Net	7 317	0%	7 317
	Gross	BH	7 317	0%	7 317
	Amortisation	BI	0	0%	0
	Sub Total Financial Assets		7 317		7 317

Current Assets (III)

			31/12/2008		31/12/2005
	Total Assets	Net	1 317 484	302,4%	327 406
	Gross	CJ	1 317 484	302,4%	327 406
	Amortisation	CK	0	0%	0

Stocks

			31/12/2008		31/12/2005
	Raw materials	Net	0	0%	0
	Gross	BL	0	0%	0
	Amortisation	BM	0	0%	0
	Work in progress (goods)	Net	0	0%	0
	Gross	BN	0	0%	0
	Amortisation	BO	0	0%	0
	Work in progress (services)	Net	0	0%	0
	Gross	BP	0	0%	0
	Amortisation	BQ	0	0%	0
	Semi-finished and finished products	Net	0	0%	50 000
	Gross	BR	0	0%	50 000
	Amortisation	BS	0	0%	0
	Goods for resale	Net	81 000	-3,2%	83 702
	Gross	BT	81 000	-3,2%	83 702
	Amortisation	BU	0	0%	0
	Sub Total Stocks	Net	81 000	-39,4%	133 702

Advance payments to suppliers

			31/12/2008		31/12/2005
	Advance payments to suppliers	Net	0	0%	0
	Gross	BV	0	0%	0
	Amortisation	BW	0	0%	0

Debtors

			31/12/2008		31/12/2005
	Trade accounts receivable	Net	660 088	2616,9%	24 296
	Gross	BX	660 088	2616,9%	24 296
	Amortisation	BY	0	0%	0
	Other debtors	Net	486 504	341,1%	110 284
	Gross	BZ	486 504	341,1%	110 284
	Amortisation	CA	0	0%	0
	Capital subscribed and called up	Net	0	0%	0
	Gross	CB	0	0%	0
	Amortisation	CC	0	0%	0
	Sub Total Debtors	Net	1 146 592	752,0%	134 580

Divers

			31/12/2008		31/12/2005
	Investment securities	Net	0	0%	0
	Gross	CD	0	0%	0
	Amortisation	CE	0	0%	0
	Cash and cash equivalents	Net	84 389	42,7%	59 123
	Gross	CF	84 389	42,7%	59 123
	Amortisation	CG	0	0%	0
	Sub Total Divers	Net	84 389	42,7%	59 123

Prepaid expenses

			31/12/2008		31/12/2005
	Prepaid expenses	Net	5 502	0%	0
	Gross	CH	5 502	0%	0
	Amortisation	CI	0	0%	0

Equalization accounts (IV to VI)

		31/12/2008		31/12/2005
Multi-period charges	CW3	0	0%	0
Gross		-	-	-
Premiums on redemption of bonds	CM3	0	0%	0
Gross		-	-	-
Currency differential gain	CN3	0	0%	0
Gross		-	-	-

References

		31/12/2008		31/12/2005
Due within one year	CP	0	0%	0
Due after one year	CR	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Grand Total - Passive Accounts (I to IV)

		31/12/2008		31/12/2005
Grand Total (I to V)	EE	1 357 724	297,8%	341 332

Shareholder Equity (I)

			31/12/2008		31/12/2005
	Total shareholders' equity (Total I)	DL	163 143	174,8%	59 371
	Equity and shareholders' equity	DA	7 622	0%	7 622
	Issue and merger premiums	DB	0	0%	0
	Revaluation differentials	DC	0	0%	0
	Of which equity differential	EK	0	0%	0
	Legal reserve	DD	762	0%	762
	Statutory or contractual reserve	DE	0	0%	0
	Special regulated reserves	DF	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0
	Other reserves	DG	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%
	Profits or losses brought forward	DH	96 515	87,6%	51 448
	Profit or loss for the period	DI	58 243	12734,1%	-461
	Investment grants	DJ	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0

Other capital resources (II)

			31/12/2008		31/12/2005
	Total other capital resources (Total II)	DO	0	0%	0
	Income from participating securities	DM	0	0%	0
	Conditional loans	DN	0	0%	0

Provisions for risks and charges (III)

			31/12/2008		31/12/2005
	Total provisions for risks and charges (Total III)	DR	0	0%	0
	Risk provisions	DP	0	0%	0
	Reserves for charges	DQ	0	0%	0

Liabilities (IV)

			31/12/2008		31/12/2005
	Total Liabilities (Total IV)	EC	1 194 580	323,7%	281 961
	Convertible debentures	DS	0	0%	0
	Other debentures	DT	0	0%	0
	Bank loans and liabilities	DU	19 819	5,1%	18 856
	Sundry loans and financial liabilities	DV	0	0%	0
	Of which participating loans	EI	0	0%	0
	Advance payments received for current orders	DW	0	0%	0
	Trade accounts payables	DX	867 273	320,9%	206 039
	Tax and social security liabilities	DY	282 435	420,0%	54 317
	Fixed asset liabilities	DZ	0	0%	0
	Other debts	EA	25 051	811,9%	2 747

Translation loss (V)

		31/12/2008		31/12/2005
Translation loss (Total V)	ED	0	0%	0

Equalization accounts

		31/12/2008		31/12/2005
Deferred income	EB	0	0%	0

References

		31/12/2008		31/12/2005
Of which tax-allowable reserve	EF	0	0%	0
Deferred income and liabilities	EG	1 194 580	323,7%	281 961
Of which current bank facilities	EH	19 819	5,1%	18 856

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)

		31/12/2008		31/12/2005
Operating result (Total I-II)	GG	189 333	1115,5%	15 576

2 - Financial result (V - VI)

		31/12/2008		31/12/2005
Financial result (Total V-VI)	GV	-88 997	-481,1%	-15 316

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

		31/12/2008		31/12/2005
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	100 335	38490,4%	260

4 - Extraordinary result (VII-VIII)

		31/12/2008		31/12/2005
Extraordinary result (Total VII-VIII)	HI	-19 666	-2627,6%	-721

Profit or loss

		31/12/2008		31/12/2005
Profit or loss	HN	58 243	12734,1%	-461

Total Income (I+III+V+VII)

		31/12/2008		31/12/2005
Total Income (I+III+V+VII)	HL	4 342 817	268,4%	1 178 952

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

		31/12/2008		31/12/2005
Total charges (Total II+IV+VI+VIII+IX+X)	HM	4 284 574	263,3%	1 179 414

Operating income (I)

		31/12/2008		31/12/2005
Total operating income (Total I)	FR	4 337 854	271,2%	1 168 665

Operating income (details)

			31/12/2008		31/12/2005
	Sale of goods for resale	FC	4 337 845	294,6%	1 099 334
	France	FA	3 935 967	770,8%	451 978
	Export	FB	401 878	-37,9%	647 356
	Sale of goods produced	FF	0	0%	0
	France	FD	0	0%	0
	Export	FE	0	0%	0
	Sale of services	FI	0	0%	9 500
	France	FG	0	0%	9 500
	Export	FH	0	0%	0
	Net turnover	FL	4 337 845	291,2%	1 108 834
	France	FJ	3 935 967	752,9%	461 478
	Export	FK	401 878	-37,9%	647 356
	Stocked production	FM	0	0%	50 000
	Self-constructed assets	FN	0	0%	0
	Operating grants	FO	0	0%	0
	Release of reserves and provisions	FP	0	0%	9 797
	Other income	FQ	09	-73,5%	34

Operating charges (II)

		31/12/2008		31/12/2005
Total operating charges (Total II)	GF	4 148 521	259,8%	1 153 089

Exploitation charges

		31/12/2008		31/12/2005
Purchase of goods for resale	FS	3 134 680	386,6%	644 221
Change in stocks of goods for resale	FT	54 800	108,4%	26 298
Purchase of raw materials	FU	9 556	-57,3%	22 405
Change in stocks of raw materials	FV	0	0%	0
Other external purchases and charges	FW	687 834	145,1%	280 645
Tax, duty and similar payments	FX	19 820	-60,1%	49 625
Payroll	FY	171 291	71,1%	100 086
Social security costs	FZ	58 697	195,6%	19 854

Depreciation

		31/12/2008		31/12/2005
Depreciation of fixed assets	GA	11 396	14,8%	9 924
Amortisation of fixed assets	GB	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0
Provisions for risks and charges	GD	0	0%	0

Other charges

		31/12/2008		31/12/2005
Other charges	GE	444	1431,0%	29

Operating charges (III-IV)

		31/12/2008		31/12/2005
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0

Financial income (V)

			31/12/2008		31/12/2005
	Total financial income (Total V)	GP	3 462	148,9%	1 391
	Share financial income	GJ	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0
	Other interest and similar income	GL	0	0%	956
	Released provisions and transferred charges	GM	0	0%	0
	Exchange gains	GN	3 462	695,9%	435
	Net income from disposal of investment securities	GO	0	0%	0

Financial Charge (VI)

			31/12/2008		31/12/2005
	Total financial charge (Total VI)	GU	92 460	453,4%	16 708
	Financial reserves and provisions	GQ	0	0%	0
	Interest and similar charges	GR	89 742	477,3%	15 545
	Exchange losses	GS	2 718	133,9%	1 162
	Net loss from disposal of investment securities	GT	0	0%	0

Extraordinary income (VII)

			31/12/2008		31/12/2005
	Total extraordinary income (Total VII)	HD	1 500	-83,1%	8 895
	Extraordinary operating income	HA	1 500	-83,1%	8 895
	Extraordinary income from capital transactions	HB	0	0%	0
	Released provisions and transferred charges	HC	0	0%	0

Extraordinary charges (VIII)

			31/12/2008		31/12/2005
	Total extraordinary charges (Total VIII)	HH	21 166	120,1%	9 616
	Extraordinary operating charges	HE	21 166	120,1%	9 616
	Extraordinary charges from capital transactions	HF	0	0%	0
	Extraordinary reserves and provisions	HG	0	0%	0

Employee profit sharing (IX)

		31/12/2008		31/12/2005
Employee profit sharing (Total IX)	HJ	0	0%	0

Tax on profits (X)

		31/12/2008		31/12/2005
Tax on profits (Total X)	HK	22 426	0%	0

References

		31/12/2008		31/12/2005
Of which equipment leases	HP	0	0%	0
Of which property leases	HQ	0	0%	0
Of which transferred charges	A1	0	0%	7 660
Of which trader's own contributions	A2	23 214	57,5%	14 736
Of which royalties on licences and patents (income)	A3	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2008		31/12/2005
	Gross value at begin of period	OG	77 107	36,9%	56 314
	Increasess due to revaluation	OH	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	2 745	-34,1%	4 168
	Decreasess by budget item transfer	OK1	0	0%	0
	Decreasess by transfers	OK2	0	0%	0
	Gross value at the end of period	OL	79 852	32,0%	60 483

Research and development Charge (Total I)

			31/12/2008		31/12/2005
	Gross value at begin of period	CZ	0	0%	0
	Increasess due to revaluation	KB	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0
	Decreasess by transfers	C02	0	0%	0
	Gross value at the end of period	D0	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2008		31/12/2005
	Gross value at begin of period	KD	0	0%	0
	Increasess due to revaluation	KE	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0
	Decreasess by transfers	LV2	0	0%	0
	Gross value at the end of period	LW	0	0%	0

Tangible fixed assets (Total III)

			31/12/2008		31/12/2005
	Gross value at begin of period	LN	69 790	42,4%	48 997
	Increasess due to revaluation	LO	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	2 745	-34,1%	4 168
	Decreasess by budget item transfer	NG1	0	0%	0
	Decreasess by transfers	NG2	0	0%	0
	Gross value at the end of period	NH	72 535	36,4%	53 165

Fiancial assets (Total IV)

			31/12/2008		31/12/2005
	Gross value at begin of period	LQ	7 317	0%	7 317
	Increasess due to revaluation	LR	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0
	Gross value at the end of period	NK	7 317	0%	7 317

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

			31/12/2008		31/12/2005
	Reserve for depreciation value at begin of period	0N	28 216	-23,0%	36 632
Increases		0P	11 396	14,8%	9 924
Decreasess		0Q	0	0%	0
	Reserve for depreciation value at the end of period	0R	39 612	-14,9%	46 557

Research and development charge (Total I)

			31/12/2008		31/12/2005
	Reserve for depreciation value at begin of period	CY	0	0%	0
Increases		PB	0	0%	0
Decreasess		PC	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0

Other intangible assets (Total II)

			31/12/2008		31/12/2005
	Reserve for depreciation value at begin of period	PE	0	0%	0
Increases		PF	0	0%	0
Decreasess		PG	0	0%	0
	Decreasess by budget item transfer	PH	0	0%	0

Total fixed assets amotisation (Total III)

			31/12/2008		31/12/2005
	Reserve for depreciation value at begin of period	QU	28 216	-23,0%	36 632
Increases		QV	11 396	14,8%	9 924
Decreases		QW	0	0%	0
	Decreasess by budget item transfer	QX	39 612	-14,9%	46 557

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

			31/12/2008		31/12/2005
	Gross value at begin of period	Z91	0	0%	0
Increases		Z92	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0

Premium refund of obligations

			31/12/2008		31/12/2005
	Net value at begining of period	SP1	0	0%	0
Increases		SP2	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0
	Net value at the end of period	SR	0	0%	0

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

			31/12/2008		31/12/2005
	Value at begining of period	7C	0	0%	2 137
Increases		UB	0	0%	0
Decreases		UC	0	0%	2 137
	Value at the end of period	UD	0	0%	0

Includes Total allocations

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

Includes Total Withdrawal

Operating	UF	0	0%	2 137
Financial	UH	0	0%	0
Exceptional	UK	0	0%	0

Total regulated provisions (Total I)

			31/12/2008		31/12/2005
	Value at begining of period	3Z	0	0%	0
Increases		TS	0	0%	0
Decreases		TT	0	0%	0
	Value at the end of period	TU	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2008		31/12/2005
	Value at begining of period	5Z	0	0%	0
Increases		TV	0	0%	0
Decreases		TW	0	0%	0
	Value at the end of period	TX	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2008		31/12/2005
	Value at begining of period	7B	0	0%	2 137
Increases		TY	0	0%	0
Decreases		TZ	0	0%	2 137
	Value at the end of period	UA	0	0%	0

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

		31/12/2008		31/12/2005
Gross value	VT	1 159 412	717,1%	141 898
1 year at most	VU	1 152 095	756,1%	134 580
More than one year	VV	7 317	0%	7 317

State of loans

		31/12/2008		31/12/2005
Claims related to holdings (gross)	UL	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0
Loans (gross)	UP	0	0%	0
Loans (1 year at most)	UR	0	0%	0
Other financial assets (gross)	UT	7 317	0%	7 317
Other financial assets (1 year at most)	UV	0	0%	0

Receivables statement of assets

		31/12/2008		31/12/2005
Customers doubtful or disputed	VA	27 660	0%	0
Other claims customer	UX	632 428	2503,0%	24 296
Receivables represent Loaned Securities	UU	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0
Personnel and associated accounts	UY	10 480	14,2%	9 179
Social Security and other social organizations	UZ	0	0%	0
Income taxes	VM	0	0%	0
Value added tax	VB	176 223	619,2%	24 502
Other taxes and payments assimilated	VN	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0
Group and Associates	VC	8 846	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	290 954	279,8%	76 601

Prepaid

		31/12/2008		31/12/2005
Prepaid	VS	5 502	0%	0

State Debt

			31/12/2008		31/12/2005
	Total debt (gross)	VY	1 194 580	323,7%	281 961
1 year at most		VZ2	1 194 580	323,7%	281 961
More than 1 year and 5 years at most		VZ3	0	0%	0
More than 5 years		VZ4	0	0%	0

Details

			31/12/2008		31/12/2005
	Convertible bonds (gross)	7Y1	0	0%	0
1 year at most		7Y2	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0
1 year at most		7Z2	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	19 819	5,1%	18 856
1 year at most		VG2	19 819	5,1%	18 856
More than 1 year and 5 years at most		VG3	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0
1 year at most		VH2	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0
1 year at most		8A2	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0
	Suppliers and associated accounts (gross)	8B1	867 273	320,9%	206 039
1 year at most		8B2	867 273	320,9%	206 039
More than 1 year and 5 years at most		8B3	0	0%	0
	Personnel and associated accounts (gross)	8C1	15 895	567,0%	2 383
1 year at most		8C2	15 895	567,0%	2 383
More than 1 year and 5 years at most		8C3	0	0%	0
	Social Security and other social organizations (gross)	8D1	18 192	134,7%	7 752
1 year at most		8D2	18 192	134,7%	7 752
More than 1 year and 5 years at most		8D3	0	0%	0
	Taxes on profits (gross)	8E1	22 426	0%	0
1 year at most		8E2	22 426	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0
	VAT (gross)	VW1	196 212	590,6%	28 412
1 year at most		VW2	196 212	590,6%	28 412
More than 1 year and 5 years at most		VW3	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0
1 year at most		VX2	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0
	Other taxes and assimilated (gross)	VQ1	29 708	88,4%	15 769
1 year at most		VQ2	29 708	88,4%	15 769
More than 1 year and 5 years at most		VQ3	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0
1 year at most		8J2	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0
More than 5 years		8J4	0	0%	0
	Groups and associates (gross)	VI1	0	0%	0
1 year at most		VI2	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0
More 5 years		VI4	0	0%	0
	Other liabilities (gross)	8K1	25 051	811,9%	2 747
1 year at most		8K2	25 051	811,9%	2 747
More than 1 year and 5 years at most		8K3	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0
1 year at most		SZ2	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0
	Products in advance (gross)	8L1	0	0%	0
1 year at most		8L2	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0

References

		31/12/2008		31/12/2005
Loans made during the period	VJ	0	0%	18 856
Debt repaid during the period	VK	0	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2008		31/12/2005
Dividends	ZE	0	0%	0

Commitments

		31/12/2008		31/12/2005
Commitments leasing furniture	YQ	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0

Other charges Externes

		31/12/2008		31/12/2005
Subcontracting	YT	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0
Staff outside the company	YU	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0
Other accounts	ST	0	0%	0
Total Other purchases and external	ZJ	0	0%	0

Taxes and Fees

		31/12/2008		31/12/2005
Business tax	YW	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0
Total taxes and fees	YX	0	0%	0

VAT

		31/12/2008		31/12/2005
Amount VAT collected	YY	0	0%	0
Total VAT on goods and services	YZ	0	0%	0

Average number of employees

		31/12/2008		31/12/2005
Average number of employees	YP	0	0%	0

Groups and Shareholders

		31/12/2008		31/12/2005
Groups and Shareholders	ZR	-	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

	31/12/2008		31/12/2005	Sector Median 2008
Fixed Asset Financing	2,54	45,1%	1,75	1,90	33,7%
Global Debt	99 days	7,6%	92 days	142 days	-30,3%
Working Capital Fund overall net	10 days	-33,3%	15 days	43 days	-76,7%
Financial independence	823,16%	161,4%	314,87%	315,56%	160,9%
More ratios
Solvability	12,02%	-30,9%	17,39%	24,80%	-51,5%
Capacity debt futures	823,16%	161,4%	314,87%	820,64%	0,3%
Coverage of current assets by net working capital overall	9,37%	-32,5%	13,88%	30,07%	-68,8%
General Liquidity	0,96	100%	0,48	0,44	118,2%
Restricted Liquidity	1,04	50,7%	0,69	0,73	42,5%

Management or rotation

	31/12/2008		31/12/2005	Sector Median 2008
Need background in operating working capital	4 days	100%	2 days	11 days	-63,6%
Treasury	5 days	-61,5%	13 days	4 days	25,0%
Inventory turnover of goods	9 days	-80,0%	45 days	84 days	-89,3%
Average length of credit granted to customers	55 days	587,5%	8 days	33 days	66,7%
Average length of credit obtained suppliers	80 days	5,3%	76 days	62 days	29,0%
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	2405 days	-
Rotation tangible assets	5980,35%	186,7%	2085,65%	2095,52%	185,4%

Profitability of the business

	31/12/2008		31/12/2005	Sector Median 2008
Margin trading	26,47%	-31,5%	38,67%	31,26%	-15,3%
Profitability of the business	4,64	226,8%	1,42	2,60%	78,5%
Net profit	1,34%	3450,0%	-0,04%	1,28%	4,7%
More ratios
Growth rate of turnover (excluding VAT)	291,21%	-	%	0%	0%
Rates integration	10,40%	-37,8%	16,71%	18,95%	-45,1%
Rate leasing furniture	0%	0%	0%	0%	0%
Work Factor	45,85%	-19,3%	56,79%	69,28%	-33,8%
Weight interests	2,13	41,1%	1,51%	0,30%	610,0%

Return on capital

	31/12/2008		31/12/2005	Sector Median 2008
Cash flow from the overall profitability	1,61%	143,9%	0,66%	1,81%	-11,0%
Rates of economic profitability	110%	450,0%	20%	14,55%	656,0%
Financial profitability	163143%	174,8%	59371%	21429%	661,3%
Return on investment	82,37%	296,6%	20,77%	11,77%	599,8%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2008		31/12/2005	Sector Median 2008
Turnover	4 337 845	291,2%	1 108 834	443 894 €	877,2%

Sales of goods	4 337 845	294,6%	1 099 334
- Purchase of goods	3 134 680	386,6%	644 221
+/- Stock of goods variation	54 800	108,4%	26 2 8
Trading margin	1 148 365 €	167,8%	428 815 €	101 160 €	1035,2%
	26,47 % CA	-31,5%	38,67 % CA	33,02 % CA	-19,8%

Sale of goods produced	0	0%	9 500
+/- Stocked production	0	0%	50 000
+ Self-constr cted assets	0	0%	0
Period pro uct on	0 €	0%	59 500 €	2 895 €	0%
	0,00 % CA	0%	5,37 % CA	1,25 % CA	0%

Trading margin	1 148 365	167,8%	428 815	101 160	1035,2%
+ Period Production	0	0%	59 500	2 895	0%
- Purchase of raw materials	9 5 6	-57,3%	22 405
+/- Change in sto ks of raw materiels	0	0%	0
- Other external purchases and charges	687 834	145,1%	280 645
Added value	450 975 €	143,4%	185 265 €	83 745 €	438,5%
	10,40 % CA	-37,8%	16,71 % CA	18,95 % CA	-45,1%

Add d value	450 975 €	143,4%	185 265 €	83 745 €	438,5%
+ Operating grants	0	0%	0
- Tax, duty and similar payments	19 820	-60,1%	49 625
- P rsonal charges	229 988	91,8%	119 940
Gross operating surplus	201 167 €	1181,3%	15 700 €	8 070 €	2392,8%
	4,64 % CA	226,8%	1,42 % C	,59 % CA	79,2%

Gross operating surplus	201 167 €	1181,3%	15 700 €	8 070 €	2392,8%
+ Release of reserv s and provisions	0	0%	9 797
+ Other operating income	09	-73,5%	34
- Depreciation/Amortisation	1 396	14,8%	9 924
- Other char es	44	1431,0%	29
Operating result	189 336 €	1115,4%	15 578 €	6 227 €	2940,6%
	4,36 % CA	211,4%	1,40 % C	1,86 % CA	134,4%

Operating result	189 336 €	1115,4%	15 578 €	6 227 €	2940,6%
+/- Result of jo nt-venture transferred from/to oth r p rtners	0	0%	0
+ Financial income	3 462	148,9%	1 391
- Financial charges	92 460	453,4%	16 708
Pr -tax result	100 338 €	38343,7%	261 €	4 898 €	1948,6%
	2,31 % CA	11450,0%	0,02 % CA	1,48 % CA	56,1%

Extraordinary income	1 500	-83 1%	895	06	24900%
- Extraordinary charges	21 166	120,1%	9 616
Extraordinary result	-19 666 €	-2627,6%	-721 €	0 €	0%
	-0,45 % CA	-542,9%	-0,07 % CA	0 % CA	0%

Pre-tax result	100 338 €	38343,7%	261 €	4 898 €	1948,6%
Extraordinary r sul	-19 666 €	-2627,6%	-721 €	0 €	0%
- Employee profit sharing	0	0%	0
- Tax on profits	22 426	0%	0
Net result	58 246 €	12762,2%	-460 €	4 862 €	1098,0%
	1,34 % CA	3450,0%	-0,04 % CA	1,28 % CA	4,7%

judgements

Collective procedu

es

No judgment information for the company

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

Preferential rights details and history

Status of collection

This company is not under monitoring

Group data

This company is not identified as one of the biggest french chip.

Linkages

This company is not identified as one of the biggest french chip.

event history

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
21/08/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 4636 - 423665603 RCS. ANAIS SU. Forme : Société à responsabilité limitée. Adresse : 54 rue Greneta 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
11/08/2009	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 2065 - 423 665 603 RCS Paris. ANAIS SU. Forme : Société à responsabilité limitée. Capital : 100000 EUR. Activité : En tous pays le négoce de tous vêtements. Adresse du siège social : 54 rue Greneta, 75002 Paris. Commentaires : modification survenue sur le capital (augmentation).
12/06/2009	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1474 - 423 665 603 RCS Paris. ANAIS SU. Forme : Société à responsabilité limitée. Administration : Gérant partant : Ahuja, Samir Kumar, nomination du Gérant : Ahuja, Vijay. Capital : 7622.45 EUR. Activité : En tous pays le négoce de tous vêtements. Adresse du siège social : 54 rue Greneta, 75002 Paris. Commentaires : modification survenue sur l'administration.
08/07/2008	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1801 - 423 665 603 RCS paris. ANAIS SU. Forme : Société à responsabilité limitée. Administration : Gérant partant : Ahuja, Vijay Kumar, nomination du Gérant : Ahuja, Samir Kumar. Capital : 7622.45 EUR. Activité : En tous pays le négoce de tous vêtements. Adresse de l’établissement principal : 54 rue Greneta, 75002 Paris. Adresse du siège social : 54 rue Greneta, 75002 Paris. Commentaires : modification survenue sur l'activité de l'établissement principal et l'administration.
17/12/2006	Bodacc C	Avis de dépôt des comptes
6221 - RCS Paris B 423 665 603. RC 99-B 10224. ANAIS SU. Forme: S.A.R.L.. Adresse du siège social: 54, R Greneta,Paris, 75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
11/11/2001	Bodacc B	Modifications et mutations diverses
RCS Paris B 423665603 RC 99-B 10224 ANAIS SU. Forme : S.A.R.L. Adresse du siège social : 54 rue Greneta, 75002 Paris. Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal Etablissement principal: Adresse : 54 rue Grénéta, 75002 Paris.
05/08/1999	Bodacc A	Création d'établissement
RCS Paris B 423665603 RC 99-B 10224 ANAIS SU. Forme : S.A.R.L. Capital : 50 000 F. Activité : vente de tous vetements, import-export de tous produits afférants à l'activité de confection, fabrication de vetements. Adresse du siège social : 249, rue Saint-Denis 75002 Paris. Administration : gérant : AHUJA (Vijay, Kumar) Cette société se constitue Date de début d'activité: 18 juin 1999.

Company events history

Date	Description
21/08/2009	Bodacc C : Deposit accounts notice
11/08/2009	Bodacc B: Various editing or changing
24/07/2009	Private document
24/07/2009	Capital increase
24/07/2009	Updated articles of association
24/07/2009	Minutes of general meeting of shareholders
12/06/2009	Bodacc B: Various editing or changing
28/05/2009	Private document
28/05/2009	Appointment/resignation of company officers
28/05/2009	New manager
28/05/2009	Minutes of general meeting of shareholders
05/05/2009	Other modification of Establishment
31/12/2008	New accounts available
08/07/2008	Bodacc B: Various editing or changing
08/07/2008	New Bodacc B ads detected
23/04/2008	Updated articles of association
23/04/2008	Appointment/resignation of company officers
23/04/2008	Change to corporate purpose
23/04/2008	Sale of shares
23/04/2008	New manager
23/04/2008	Private document
23/04/2008	Minutes of general meeting of shareholders
31/12/2005	New accounts available
29/10/2001	Acte sous seing privé
29/10/2001	PV d'Assemblée
29/10/2001	Transfert du Siège dans le ressort du Tribunal de Commerce
29/10/2001	Statuts mis à jour
18/08/2000	Acte sous seing privé
18/08/2000	Statuts mis à jour
18/08/2000	Cession de parts
02/07/1999	Statuts
02/07/1999	Acte sous seing privé
02/07/1999	Formation de Société

directors

Name	M. AHUJA VIJAY
Manager position	Gérant	Date of birth	01/12/1974
Place of birth	COPEHNAGUE DANEMARK
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Gérant	M SAMIR AHUJA	20/05/1979- -
Gérant	M VIJAY AHUJA	- - -
Gérant	M VIJAY AHUJA	01/12/1974 - COPENHAGUE DANEMARK

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.28
UK Pound	1	Rs.84.09
Euro	1	Rs.72.44

INFORMATION DETAILS

Report Prepared by :

SDA

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.