MIRA INFORM REPORT

 

 

Report Date :

21.02.2013

 

IDENTIFICATION DETAILS

 

Name :

SACMI COOPERATIVA MECCANICI IMOLA SOCIETA' COOPERATIVA

 

 

Registered Office :

Via Selice Provinciale, 17/A, 40026- Imola (BO)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

02.12.1919

 

 

Legal Form :

Cooperative society

 

 

Line of Business :

Manufacture of machinery for mining, quarrying and construction

 

 

No. of Employees :

from 1000 to 1500

 

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 – June 30th, 2012

 

Country Name

Previous Rating

(31.03.2012)

Current Rating

(30.06.2012)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

ITALY - ECONOMIC OVERVIEW

 

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, welfare-dependent, agricultural south, with high unemployment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but exceptionally high public debt burdens and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, reaching 120% of GDP in 2011, and borrowing costs on sovereign government debt have risen to record levels. During the second half of 2011 the government passed a series of three austerity packages to balance its budget by 2013 and decrease its public debt burden. These measures included a hike in the value-added tax, pension reforms, and cuts to public administration. The government also faces pressure from investors and European partners to address Italy's long-standing structural impediments to growth, such as an inflexible labor market and widespread tax evasion. The international financial crisis worsened conditions in Italy''s labor market, with unemployment rising from 6.2% in 2007 to 8.4% in 2011, but in the longer-term Italy''s low fertility rate and quota-driven immigration policies will increasingly strain its economy. The euro-zone crisis along with Italian austerity measures have reduced exports and domestic demand, slowing Italy''s recovery. Italy''s GDP is still 5% below its 2007 pre-crisis level.

 

Source : CIA

 

 

 

COMPANY NAME & ADDRESS

 

SACMI COOPERATIVA MECCANICI IMOLA SOCIETA' COOPERATIVA

 

Via Selice Provinciale, 17/A

 

40026 - Imola (BO) -IT-

 

Summary

 

Fiscal Code

:

00287010375

Legal Form

:

Cooperative society

start of Activities

:

02/12/1919

Equity

:

Over 2.582.254

Turnover Range

:

over 129.114.224

Number of Employees

:

from 1000 to 1500

 

Activity

 

General mechanics

Manufacture of machinery for mining, quarrying and construction

 

Legal Data

 

Legal Form : Cooperative society

Fiscal Code : 00287010375

 

Foreign Trade Reg. no. : BO022203 since 01/02/1992

 

Foreign Trade Reg. no. : 22203 of

 

Foreign Trade Reg. no. : 022203 of since 01/02/1992

 

Chamber of Commerce no. : 8924 of since 27/04/1925

 

Chamber of Commerce no. : 325559 of

 

Chamber of Commerce no. : 540893 of

 

Chamber of Commerce no. : 1034824 of

 

Chamber of Commerce no. : 274481 of

 

Chamber of Commerce no. : 168895 of

 

Chamber of Commerce no. : 242820 of

 

Chamber of Commerce no. : 185264 of

 

Chamber of Commerce no. : 283995 of

 

Chamber of Commerce no. : 591547 of

 

Chamber of Commerce no. : 334799 of

 

Chamber of Commerce no. : 377303 of

 

Firms' Register : BO006-2810 of since 19/02/1996

 

V.A.T. Code : 00498321207 since 01/01/1992

 

Tribunal Co. Register : 2810 of

 

Foundation date

: 02/12/1919

Establishment date

: 02/12/1919

Start of Activities

: 02/12/1919

Legal duration

: 31/12/2050

Nominal Capital

:

 

Paid up Capital

: 39.490.150

 

 

Members

 

 

Machirelli

Augusto

 

 

 

Born in Imola

(BO)

on 15/12/1955

- Fiscal Code : MCHGST55T15E289C

 

 

 

Residence:

 

Sellustra

, 29

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Emiliani

Eugenio Maria

 

 

 

Born in Castelli

(TE)

on 08/02/1950

- Fiscal Code : MLNGMR50B08C169V

 

 

 

Residence:

 

Baccarini

, 7

- 48018

Faenza

(RA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Billi

Paolo

 

 

 

Born in Bologna

(BO)

on 26/11/1959

- Fiscal Code : BLLPLA59S26A944P

 

 

 

Residence:

 

Calanco

, 77

- 40050

Dozza

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Dall'olio

Elisabetta

 

 

 

Born in Imola

(BO)

on 23/11/1962

- Fiscal Code : DLLLBT62S63E289C

 

 

 

Residence:

 

Sgalarazza

, 30

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Ferri

Mauro

 

 

 

Born in Bologna

(BO)

on 04/11/1964

- Fiscal Code : FRRMRA64S04A944C

 

 

 

Residence:

 

Del Faggiolo

, 59

- 40100

Bologna

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Rondinini

Giacomo

 

 

 

Born in Brisighella

(RA)

on 24/05/1959

- Fiscal Code : RNDGCM59E24B188R

 

 

 

Residence:

 

Monticino

, 3

- 48013

Brisighella

(RA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Berantelli

Mauro

 

 

 

Born in Bolzano

(BZ)

on 06/07/1957

- Fiscal Code : BRNMRA57L06A952X

 

 

 

Residence:

 

Santa Lucia

, 21/C

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Campolungo

Giovanni

 

 

 

Born in Montecassiano

(MC)

on 27/07/1962

- Fiscal Code : CMPGNN62L27F454X

 

 

 

Residence:

 

Di Frino

, 16

- 40100

Bologna

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

05/03/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Foschini

Stefano

 

 

 

Born in Faenza

(RA)

on 19/04/1963

- Fiscal Code : FSCSFN63D19D458H

 

 

 

Residence:

 

Malpighi

, 29

- 48018

Faenza

(RA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Mongardi

Paolo

 

 

 

Born in Imola

(BO)

on 23/03/1964

- Fiscal Code : MNGPLA64C23E289G

 

 

 

Residence:

 

Zanotti

, 3/M

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

15/05/2010

 

 

Assistant board Chairman

17/05/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Airoli

Giuliano

 

 

 

Born in Imola

(BO)

on 16/01/1967

- Fiscal Code : RLAGLN67A16E289Q

 

 

 

Residence:

 

Farolfi

, 24

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

15/05/2010

 

 

Attorney with special power

25/07/2007

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Cavalli

Massimo

 

 

 

Born in Imola

(BO)

on 11/11/1965

- Fiscal Code : CVLMSM65S11E289H

 

 

 

Residence:

 

Montanara Sud

, 13

- 40021

Borgo Tossignano

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

15/05/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Fiori

Enrico

 

 

 

Born in Bologna

(BO)

on 17/03/1967

- Fiscal Code : FRINRC67C17A944V

 

 

 

Residence:

 

Marzabotto

, 6

- 40064

Ozzano dell'Emilia

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Cassani

Pietro

 

 

 

Born in Imola

(BO)

on 12/11/1968

- Fiscal Code : CSSPTR68S12E289E

 

 

 

Residence:

 

Casola Canina

, 51

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

General Director

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Lesce

Giuseppe

 

 

 

Born in Senigallia

(AN)

on 01/09/1959

- Fiscal Code : LSCGPP59P01I608O

 

 

 

Residence:

 

Delle Ceramiche

, 20

- 48018

Faenza

(RA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Olivieri

Domenico

 

 

 

Born in Imola

(BO)

on 23/01/1956

- Fiscal Code : LVRDNC56A23E289V

 

 

 

Residence:

 

Nuova

, 55

- 40023

Castel Guelfo di Bologna

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

15/05/2010

 

 

Board Chairman

17/05/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Bernardi

Vezio

 

 

 

Born in Imola

(BO)

on 30/12/1963

- Fiscal Code : BRNVZE63T30E289D

 

 

 

Residence:

 

Fondo Maralda

, 13

- 40027

Mordano

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

05/07/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Marani

Claudio

 

 

 

Born in Bologna

(BO)

on 03/11/1951

- Fiscal Code : MRNCLD51S03A944B

 

 

 

Residence:

 

Matteotti

, 26/B

- 40050

Dozza

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

31/01/2008

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Bambi

Domenico

 

 

 

Born in Medicina

(BO)

on 25/09/1959

- Fiscal Code : BMBDNC59P25F083U

 

 

 

Residence:

 

Garibaldi

, 32

- 40054

Budrio

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

07/01/2009

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Bonato

Giovanni

 

 

 

Born in Pozzuolo del Friuli

(UD)

on 22/12/1951

- Fiscal Code : BNTGNN51T22G966T

 

 

 

Residence:

 

Emilio Lepido

, 5

- 43015

Noceto

(PR)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

24/03/2009

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Sozzi

Marco

 

 

 

Born in Imola

(BO)

on 27/01/1963

- Fiscal Code : SZZMRC63A27E289C

 

 

 

Residence:

 

Cipolla

, 47/C

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

15/05/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Grisoni

Fabrizio

 

 

 

Born in Bruxelles

( )

on 29/12/1964

- Fiscal Code : GRSFRZ64T29Z103O

 

 

 

Residence:

 

Calanco

, 24

- 40060

Dozza

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

19/02/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Capra

Mirco

 

 

 

Born in Imola

(BO)

on 25/06/1965

- Fiscal Code : CPRMRC65H25E289K

 

 

 

Residence:

 

Caduti Di Cefalonia

, 7

- 48024

Massa Lombarda

(RA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

14/01/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Sentimenti

Franco

 

 

 

Born in Imola

(BO)

on 01/05/1968

- Fiscal Code : SNTFNC68E01E289G

 

 

 

Residence:

 

Respighi

, 51

- 40026

Imola

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

12/12/2011

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

Companies connected to members *

 

*checkings have been performed on a national scale.

In this module the companies in which members hold/held positions are listed.

 

The Members of the subject firm are not reported to be Members in other companies.

 

Direct Participations

 

The Company under review has participations in the following Companies:

 

Firm's Style

Seat

Fiscal Code

Owned Shares Amount

% Ownership

since

until

Share Status

Emilia Romagna Factor S.p.a. Abbreviabil e In Emil - Ro Factor S.p .a.

Bologna - IT -

02231420361

1.077.680 .Eur

4,31

 

 

Ceased

Holmo S.p.a.

Bologna - IT -

00913450151

3.987.240 .Eur

0,41

 

 

Active

Agenzia Polo Ceramico Societa' Consortil e A R.l.

Faenza - IT -

01060610399

248 .Eur

1,40

 

 

Active

Sitech S.p.a.

Camaiore - IT -

01387890468

3.255 .Eur

0,10

 

 

Ceased

Imolascalo S.p.a.

Imola - IT -

01966691204

520.640 .Eur

12,11

 

 

Active

Crit- Centro Di Ricerca E Innovazione Te cnologica S.r.l. Abbreviabile In Crit S.

Vignola - IT -

02648490361

5.000 .Eur

1,23

 

 

Active

Cermet - Certificazione E Ricerca Per La Qualita' Soc. Cons. A R.l.

Granarolo dell'Emilia - IT -

03502820370

210 .Eur

0,05

 

 

Active

Centuria Agenzia Per L'innovazione Della Romagna - Soc. Consort. A R. L.

Cesena - IT -

02327720401

7.500 .Eur

2,43

 

 

Active

Holding Partecipazioni Sacmi S.p.a. Ovve ro Piu' Brevemente Anche H.p.s. S.p.a.

Imola - IT -

00871481206

 

100,00

 

 

Active

Rit - Romagna Innovazione Tecnologia - S oc. Consortile A R.l.

Faenza - IT -

02048730390

15.000 .Eur

4,28

 

 

Ceased

Siena Solar Nanotech S.r.l. In Acronimo 2sn S.r.l.

 

01220220527

2.380 .Eur

2,00

 

 

Active

 

Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

 

Selice Provinciale

, 17/A

- 40026

- Imola

(BO)

- IT -

 

 

 

 

TELEX

: 510342

 

 

 

 

PHONE

: 0542607111

 

 

 

 

FAX

: 0542642354

 

 

 

 

Email

: sacmi@sacmi.it

 

-

Branch

(Store)

since 04/08/1987

 

 

 

 

 

 

Togliatti

, 33

- 40026

- Imola

(BO)

- IT -

 

 

 

 

PHONE

: 0542641000

 

-

Branch

(Warehouse)

since 01/04/2002

 

 

 

 

 

 

Donati

, 3

- 40026

- Imola

(BO)

- IT -

 

-

Branch

(Store)

since 01/04/2003

 

 

 

 

 

 

Piancastelli

, 3

- 40026

- Imola

(BO)

- IT -

 

-

Branch

(Store)

since 20/11/2006

 

 

 

 

 

 

Argine San Paolo

, 21

- 48024

- Massa Lombarda

(RA)

- IT -

 

 

 

 

Trading Style: MAGAZZINO MSL1

 

-

Branch

(Store)

since 23/04/2008

 

 

 

 

 

 

Enzo Ferrari

, 1

- 43058

- Sorbolo

(PR)

- IT -

 

-

Branch

(Store)

since 02/11/2010

 

 

 

 

 

 

Pradazzo

, 7 -BL.16

- 40012

- Calderara di Reno

(BO)

- IT -

 

 

 

 

Trading Style: ITALIANSPED

 

-

Branch

(Store)

since 01/03/2010

 

 

 

 

 

 

Piave

, 1/A

- 37060

- Nogarole Rocca

(VR)

- IT -

 

-

Branch

(Store)

since 01/01/2011

 

 

 

 

 

S.s. 467

, 114

- 42013

- Casalgrande

(RE)

- IT -

 

-

Branch

(Store)

since 01/05/2011

 

 

 

 

 

 

Dell'artigianato

, 10

- 42013

- Casalgrande

(RE)

- IT -

 

-

Branch

(Store)

since 01/02/2012

 

 

 

 

 

 

Giovanni Ansaldo

, 16

- 47100

- Forli'

(FO)

- IT -

 

-

Branch

(Store)

since 18/07/2012

 

 

 

 

 

 

San Lorenzo

, 52

- 42013

- Casalgrande

(RE)

- IT -

 

 

 

 

Employees

: 1.094

 

Fittings and Equipment for a value of 32.760.000

Eur

 

Stocks for a value of 242.660.000

Eur

 

Furniture and fittings for a value of 200.000

Eur

 

Vehicles for a value of 390.000

Eur

 

Trade organization: direct or by agents.

 

The firm operates abroad as exporter..

Export represents more than 50% of the global turnover.

Products abroad are placed by :

- its own foreign branches

 

Import comes generally from the following nations:

- Germany

 

- Spain

 

- Great Britain

 

- France

 

- Belgium

 

Export is mainly towards:

-

 

- Gabon

 

- Ireland

 

- Italy

 

- Austria

 

- France

 

- Great Britain

 

Traded Brands / Suppliers

 

- SACMI

 

Historical Information and/or Firm's Status

 

CHANGES TO THE LEGAL FORM:

 

Former legal form

New legal form

Changement Date

Cooperative society

Cooperative society

28/12/2004

 

EX-MEMBERS / EX-POSITIONS:

 

 

Machirelli

Augusto

 

 

 

Born in Imola

(BO)

on 15/12/1955

- Fiscal Code : MCHGST55T15E289C

 

 

 

Residence:

 

Sellustra

, 29

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Procurator

 

 

Cicognani

Giulio

 

 

 

Born in Imola

(BO)

on 22/11/1947

- Fiscal Code : CCGGLI47S22E289J

 

 

 

Residence:

 

Ulivi

, 4

- 40020

Casalfiumanese

(BO)

- IT -

 

Ex-Postions

General Director

Attorney with special power

 

 

Emiliani

Eugenio Maria

 

 

 

Born in Castelli

(TE)

on 08/02/1950

- Fiscal Code : MLNGMR50B08C169V

 

 

 

Residence:

 

Baccarini

, 7

- 48018

Faenza

(RA)

- IT -

 

Ex-Postions

Procurator

 

 

Santilli

Gianfranco

 

 

 

Born in San Buono

(CH)

on 12/01/1947

- Fiscal Code : SNTGFR47A12H784J

 

 

 

Residence:

 

Pomponazzi

, 9

- 40139

Bologna

(BO)

- IT -

 

Ex-Postions

Permanent Auditor

 

 

Billi

Paolo

 

 

 

Born in Bologna

(BO)

on 26/11/1959

- Fiscal Code : BLLPLA59S26A944P

 

 

 

Residence:

 

Calanco

, 77

- 40050

Dozza

(BO)

- IT -

 

Ex-Postions

Procurator

 

 

Dall'olio

Elisabetta

 

 

 

Born in Imola

(BO)

on 23/11/1962

- Fiscal Code : DLLLBT62S63E289C

 

 

 

Residence:

 

Sgalarazza

, 30

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Procurator

 

 

Bendanti

Francesco

 

 

 

Born in Imola

(BO)

on 31/01/1941

- Fiscal Code : BNDFNC41A31E289V

 

 

 

Residence:

 

Amendola

, 84

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Procurator

 

 

Ferri

Mauro

 

 

 

Born in Bologna

(BO)

on 04/11/1964

- Fiscal Code : FRRMRA64S04A944C

 

 

 

Residence:

 

Del Faggiolo

, 59

- 40100

Bologna

(BO)

- IT -

 

Ex-Postions

Procurator

 

 

Rondinini

Giacomo

 

 

 

Born in Brisighella

(RA)

on 24/05/1959

- Fiscal Code : RNDGCM59E24B188R

 

 

 

Residence:

 

Monticino

, 3

- 48013

Brisighella

(RA)

- IT -

 

Ex-Postions

Procurator

 

 

Berantelli

Mauro

 

 

 

Born in Bolzano

(BZ)

on 06/07/1957

- Fiscal Code : BRNMRA57L06A952X

 

 

 

Residence:

 

Santa Lucia

, 21/C

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Procurator

 

 

Campolungo

Giovanni

 

 

 

Born in Montecassiano

(MC)

on 27/07/1962

- Fiscal Code : CMPGNN62L27F454X

 

 

 

Residence:

 

Di Frino

, 16

- 40100

Bologna

(BO)

- IT -

 

Ex-Postions

Procurator

 

 

Bandini

Pietro

 

 

 

Born in Solarolo

(RA)

on 21/07/1958

- Fiscal Code : BNDPTR58L21I787N

 

 

 

Residence:

 

Martinona

, 9

- 48027

Solarolo

(RA)

- IT -

 

Ex-Postions

Procurator

Attorney with special power

 

 

Foschini

Stefano

 

 

 

Born in Faenza

(RA)

on 19/04/1963

- Fiscal Code : FSCSFN63D19D458H

 

 

 

Residence:

 

Malpighi

, 29

- 48018

Faenza

(RA)

- IT -

 

Ex-Postions

Procurator

 

 

Bevilacqua

Giovanni

 

 

 

Born in Castellucchio

(MN)

on 03/09/1961

- Fiscal Code : BVLGNN61P03C195K

 

 

 

Residence:

 

Corte Ricordata

, 15

- 46014

Castellucchio

(MN)

- IT -

 

Ex-Postions

Attorney with special power

 

 

Rastelli

Franco

 

 

 

Born in Parma

(PR)

on 24/11/1961

- Fiscal Code : RSTFNC61S24G337J

 

 

 

Residence:

 

Fontana

, 14

- 43010

Zibello

(PR)

- IT -

 

Ex-Postions

Attorney with special power

 

 

CICOGNANI

GIULIO

 

 

 

Born in IMOLA

(BO)

on 22/11/1947

- Fiscal Code : CCGGLI47S22E289J

 

 

 

Residence:

 

ULIVI

, 4/A

- 40020

Casalfiumanese

(BO)

- IT -

 

Ex-Postions

General Director

 

 

Zanoni

Dino

 

 

 

Born in Imola

(BO)

on 25/07/1953

- Fiscal Code : ZNNDNI53L25E289E

 

 

 

Residence:

 

Gagliarda

, 12

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Assistant board Chairman

Director

 

 

Marchi

Daniele

 

 

 

Born in IMOLA

(BO)

on 21/02/1957

- Fiscal Code : MRCDNL57B21E289E

 

 

 

Residence:

 

LA TORRE

, 25

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Director

 

 

Cocchi

Loris

 

 

 

Born in Bologna

(BO)

on 01/06/1949

- Fiscal Code : CCCLRS49H01A944O

 

 

 

Residence:

 

Corticella

, 1

- 40100

Bologna

(BO)

- IT -

 

Ex-Postions

Attorney with special power

 

 

Orlandi

Ireneo

 

 

 

Born in Rodigo

(MN)

on 10/01/1954

- Fiscal Code : RLNRNI54A10H481Y

 

 

 

Residence:

 

Otto Marzo

, 14

- 46010

Curtatone

(MN)

- IT -

 

Ex-Postions

Attorney with special power

 

 

Stocchi

Gabriele

 

 

 

Born in Montechiarugolo

(PR)

on 30/03/1954

- Fiscal Code : STCGRL54C30F473L

 

 

 

Residence:

 

Carducci

, 2

- 43022

Montechiarugolo

(PR)

- IT -

 

Ex-Postions

Attorney with special power

 

 

Cicognani

Giulio

 

 

 

Born in Imola

(BO)

on 22/11/1947

- Fiscal Code : CCGGLI47S22E289J

 

 

 

Residence:

 

Degli Ulivi

, 4/A

- 40020

Casalfiumanese

(BO)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

General Director

 

 

Baldisseri

Demos

 

 

 

Born in IMOLA

(BO)

on 04/11/1949

- Fiscal Code : BLDDMS49S04E289E

 

 

 

Residence:

 

M. ZANOTTI

, 5/N

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Procurator

Board Chairman

Director

 

 

Mingotti

Luciano

 

 

 

Born in Imola

(BO)

on 03/01/1944

- Fiscal Code : MNGLCN44A03E289E

 

 

 

Residence:

 

De Amicis

, 79

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Vice-Chairman

Director

 

 

Cortecchia

Carlo

 

 

 

Born in Imola

(BO)

on 20/01/1955

- Fiscal Code : CRTCRL55A20E289N

 

 

 

Residence:

 

Patuelli

, 6/A

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Assistant board Chairman

Director

 

 

Pirazzini

Dante

 

 

 

Born in Lugo

(RA)

on 24/06/1950

- Fiscal Code : PRZDNT50H24E730V

 

 

 

Residence:

 

Dalla Chiesa

, 24

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Procurator

Director

 

 

Pischedda

Valentino

 

 

 

Born in Imola

(BO)

on 24/06/1946

- Fiscal Code : PSCVNT46H24E289L

 

 

 

Residence:

 

Goccianello 36/a

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Attorney with special power

 

 

Sullalti

Loretto

 

 

 

Born in MORDANO

(BO)

on 01/12/1952

- Fiscal Code : SLLLTT52T01F718M

 

 

 

Residence:

 

LABRIOLA

, 37

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Chairman

Director

 

 

Beltrandi

Dario

 

 

 

Born in Imola

(BO)

on 25/12/1948

- Fiscal Code : BLTDRA48T25E289Q

 

 

 

Residence:

 

Gherardi

, 10

- 40026

Imola

(BO)

- IT -

 

Ex-Postions

Attorney with special power

Procurator

 

 

Ferragina

Eugenio

 

 

 

Born in Catanzaro

(CZ)

on 30/11/1953

- Fiscal Code : FRRGNE53S30C352P

 

 

 

Residence:

 

San Felice

, 40

- 40139

Bologna

(BO)

- IT -

 

Ex-Postions

Attorney with special power

Procurator




Protests

 

Protests checking on the subject firm has given a negative result.

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

 

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

Financial and Economical Analysis

 

Company's starting of activities dates back to 1919.

An eco-fin analysis has been made on the base od the b/s fo the years 2009, 2010 and 2011.

Under an economic point of view, profits were registered during the last years with a r.o.e. of 3,77% in 2011 with a remarkable upward trend (+31,46% on 2011 compared to 2010 and +8,14% on 2010 compared to 2009).

The return on Investment in the last financial year was positive (3,56%) falling within the field's average.

The operating result is positive and amounts to Eur. 49.103.828 showing an upward trend 41,52% compared to the previous financial year.

During the latest financial year the gross operating margin amounted to Eur. 80.082.125 growing by 25,46% if compared to the year before.

The company has an excellent net worth if compared to its debts, with a low indebtedness (0,72) increasing compared to last year (0,57)

The management generated equity capital for an amount of Eur. 623.867.977 on the same levels as the year before.

During the last financial year total debts volume reached Eur. 694.162.819 (Eur. 90.805.137 were m/l term ones) with no important change.

The recourse to financial credit is within the limits; on the other hand the recourse to suppliers' credit is rated as fairly high and higher than sector's average.

Liquid assets are good.

Trade credits average terms are slow, on average 196,19 days. and higher than the average of the sector.

The financial management generated a cash flow of Eur. 52.698.447.

In the last financial year labour cost was of Eur. 74.300.317, with a 9,3% incidence on total costs of production. , whereas the incidence of such costs on sales revenues is equal to 9,17%.

Financial charges have a limited incidence (-0,4%) on sales volume.




Financial Data

 

 

 

Complete balance-sheet for the year

31/12/2011

(in Eur

x 1)

 

Item Type

Value

Sales

810.221.378

Profit (Loss) for the period

23.518.026

 

 

 

Complete balance-sheet for the year

31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

616.293.030

Profit (Loss) for the period

17.302.807

 

 

 

Complete balance-sheet for the year

31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

569.866.378

Profit (Loss) for the period

17.174.323

 

 

 

Complete balance-sheet for the year

31/12/2008

(in Eur

x 1)

 

Item Type

Value

Sales

698.456.359

Profit (Loss) for the period

25.524.639

 

 

 

Complete balance-sheet for the year

31/12/2007

(in Eur

x 1)

 

Item Type

Value

Sales

752.022.266

Profit (Loss) for the period

25.905.174

 

Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: - Amounts x 1

 

Years

2011

2010

2009

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

12.681.973

13.564.576

13.369.101

. . Industrial patent rights

991.701

1.012.494

880.242

. . Concessions,licenses,trademarks,etc.

83.244

319.556

556.067

. . Goodwill

8.833.074

10.111.827

10.765.356

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

889.203

1.215.403

1.047.041

. Total Intangible Fixed Assets

23.479.195

26.223.856

26.617.807

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

126.421.917

126.777.907

126.389.545

. . Plant and machinery

29.782.103

29.983.841

21.583.797

. . Industrial and commercial equipment

2.973.667

2.315.920

2.261.201

. . Other assets

8.493.683

10.440.680

12.216.358

. . Assets under construction and advances

3.747.055

110.111

7.882.539

. Total Tangible fixed assets

171.418.425

169.628.459

170.333.440

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

112.761.642

112.726.945

112.388.577

. . . Equity invest. in subsidiary companies

91.166.707

90.668.171

90.616.429

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

21.594.935

22.058.774

21.772.148

. . Financial receivables

19.627.085

14.812.339

14.270.825

. . . . Within 12 months

17.564.535

13.774.382

12.968.408

. . . . Beyond 12 months

2.062.550

1.037.957

1.302.417

. . . Receivab due from subsidiaries

11.407.701

6.430.000

5.000.000

. . . . Within 12 months

11.407.701

6.430.000

5.000.000

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

8.219.384

8.382.339

9.270.825

. . . . Within 12 months

6.156.834

7.344.382

7.968.408

. . . . Beyond 12 months

2.062.550

1.037.957

1.302.417

. . Other securities

29.728.508

15.433.319

24.070.819

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

162.117.235

142.972.603

150.730.221

Total fixed assets

357.014.855

338.824.918

347.681.468

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

25.748.094

21.976.110

23.759.536

. . Work in progress and semimanufactured

35.164.330

33.521.449

22.986.213

. . Work in progress on order

 

 

 

. . Finished goods

177.545.807

158.445.727

126.302.266

. . Advance payments

4.205.881

3.556.385

4.413.890

. Total Inventories

242.664.112

217.499.671

177.461.905

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

440.959.172

400.910.236

434.119.581

. . Beyond 12 months

113.050.965

82.348.800

76.830.309

. . Trade receivables

441.557.630

358.027.646

366.941.316

. . . . Within 12 months

349.742.026

291.376.060

304.121.020

. . . . Beyond 12 months

91.815.604

66.651.586

62.820.296

. . Receivables due from subsid. comp.

63.090.419

60.829.109

88.208.819

. . . . Within 12 months

52.888.897

54.459.013

82.375.227

. . . . Beyond 12 months

10.201.522

6.370.096

5.833.592

. . Receivables due from assoc. comp.

75.546

22.253

1.729.740

. . . . Within 12 months

75.546

22.253

1.729.740

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

12.750.394

10.199.950

13.291.886

. . . . Within 12 months

12.725.527

10.150.216

13.217.284

. . . . Beyond 12 months

24.867

49.734

74.602

. . Receivables for anticipated taxes

25.169.713

24.160.849

22.800.745

. . . . Within 12 months

14.160.741

14.883.465

14.698.926

. . . . Beyond 12 months

11.008.972

9.277.384

8.101.819

. . Receivables due from third parties

11.366.435

30.019.229

17.977.384

. . . . Within 12 months

11.366.435

30.019.229

17.977.384

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

554.010.137

483.259.036

510.949.890

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

635.693

1.239.588

324.160

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

59.266.383

73.012.493

66.294.603

. Total Financial Assets

59.902.076

74.252.081

66.618.763

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

155.586.533

182.198.904

121.685.184

. . Checks

 

 

 

. . Banknotes and coins

67.024

60.801

59.614

. Total Liquid funds

155.653.557

182.259.705

121.744.798

Total current assets

1.012.229.882

957.270.493

876.775.356

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

8.900.657

7.678.573

6.376.676

Total adjustments accounts

8.900.657

7.678.573

6.376.676

TOTAL ASSETS

1.378.145.394

1.303.773.984

1.230.833.500

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

46.721.950

45.741.525

44.482.575

. Additional paid-in capital

1.297.323

1.126.418

908.815

. Revaluation reserves

5.847.769

5.847.769

5.847.769

. Legal reserve

150.938.611

145.747.768

140.595.471

. Reserve for Own shares

394.429.861

389.582.426

 

. Statute reserves

 

 

384.357.268

. Other reserves

1.114.437

2.205.349

3.776.902

. Accumulated Profits (Losses)

 

 

 

. Profit( loss) of the year

23.518.026

17.302.807

17.174.323

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

623.867.977

607.554.062

597.143.123

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

4.247.672

5.143.981

5.093.106

. . Other funds

19.704.599

18.392.478

15.333.315

Total Reserves for Risks and Charges

23.952.271

23.536.459

20.426.421

Employee termination indemnities

14.409.402

14.594.329

15.651.475

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

603.357.682

528.584.131

443.777.731

. . . . Beyond 12 months

90.805.137

107.499.748

138.318.361

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

18.313.712

17.332.348

16.385.548

. . . . Within 12 months

18.313.712

17.332.348

16.385.548

. . . . Beyond 12 months

 

 

 

. . Due to banks

166.722.263

205.921.727

268.486.321

. . . . Within 12 months

82.627.543

98.653.147

130.552.281

. . . . Beyond 12 months

84.094.720

107.268.580

137.934.040

. . Due to other providers of finance

7.887.347

384.321

824.994

. . . . Within 12 months

1.380.430

153.153

440.673

. . . . Beyond 12 months

6.506.917

231.168

384.321

. . Advances from customers

41.024.461

34.316.692

13.324.646

. . . . Within 12 months

41.024.461

34.316.692

13.324.646

. . . . Beyond 12 months

 

 

 

. . Trade payables

196.731.474

174.290.221

142.640.391

. . . . Within 12 months

196.527.974

174.290.221

142.640.391

. . . . Beyond 12 months

203.500

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

212.805.334

170.410.932

114.203.819

. . . . Within 12 months

212.805.334

170.410.932

114.203.819

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

1.800.131

723.714

914.325

. . . . Within 12 months

1.800.131

723.714

914.325

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

7.312.466

2.986.518

2.274.853

. . . . Within 12 months

7.312.466

2.986.518

2.274.853

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

2.732.230

2.158.673

2.397.408

. . . . Within 12 months

2.732.230

2.158.673

2.397.408

. . . . Beyond 12 months

 

 

 

. . Other payables

38.833.401

27.558.733

20.643.787

. . . . Within 12 months

38.833.401

27.558.733

20.643.787

. . . . Beyond 12 months

 

 

 

Total accounts payable

694.162.819

636.083.879

582.096.092

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

21.752.925

22.005.255

15.516.389

Total adjustment accounts

21.752.925

22.005.255

15.516.389

TOTAL LIABILITIES

1.378.145.394

1.303.773.984

1.230.833.500

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

810.221.378

616.293.030

569.866.378

. Changes in work in progress

15.090.338

41.683.826

-16.219.823

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

10.156.277

6.884.371

6.700.996

. Other income and revenues

12.210.339

9.406.793

20.810.608

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

12.210.339

9.406.793

20.810.608

Total value of production

847.678.332

674.268.020

581.158.159

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

483.678.095

359.574.717

275.649.855

. Services received

209.020.255

175.664.820

165.205.611

. Leases and rentals

3.760.831

3.179.947

4.223.340

. Payroll and related costs

74.300.317

66.688.389

63.534.723

. . Wages and salaries

53.533.190

48.226.924

46.117.928

. . Social security contributions

13.927.718

12.409.009

11.830.924

. . Employee termination indemnities

4.147.753

3.701.197

3.287.482

. . Pension and similar

 

 

 

. . Other costs

2.691.656

2.351.259

2.298.389

. Amortization and depreciation

29.180.421

25.497.532

24.070.858

. . Amortization of intangible fixed assets

9.655.102

9.037.083

8.614.643

. . Amortization of tangible fixed assets

14.985.791

13.444.403

12.356.215

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

4.539.528

3.016.046

3.100.000

. Changes in raw materials

-9.424.607

788.555

12.200.735

. Provisions to risk reserves

949.876

 

 

. Other provisions

848.000

3.633.953

 

. Other operating costs

6.261.316

4.543.822

4.445.568

Total production costs

798.574.504

639.571.735

549.330.690

Diff. between value and cost of product.

49.103.828

34.696.285

31.827.469

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

862.911

781.488

717.190

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

93.081.273

67.708.830

29.491.702

. . Financ.income from receivables

 

 

258.938

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

2.796.350

1.729.941

1.221.797

. . Financ.income from secur. cur.assets

 

 

1.990.614

. . Financ.income other than the above

 

 

26.020.353

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-97.183.055

-71.027.498

-31.237.411

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

-293.404

Total financial income and expense

-3.238.871

-2.537.180

-1.028.519

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

17.953

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

17.953

. . Of securities incl.among current assets

 

 

 

. Devaluation

-9.698.599

-6.162.650

-6.734.110

. . Of equity investments

-6.172.550

-4.873.296

-5.030.080

. . Of financial fixed assets (no equity inv)

-1.337.191

-39.920

-750.000

. . Of securities included among current ass

-2.188.858

-1.249.434

-954.030

Total adjustments to financial assets

-9.698.599

-6.162.650

-6.716.157

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

860.014

383.326

2.280.249

. . Gains on disposals

 

85.000

251.250

. . Other extraordinary income

860.014

298.326

2.028.999

. Extraordinary expense

-369.648

-342.731

-1.106.710

. . Losses on disposals

-59.000

-16.961

 

. . Taxes relating to prior years

-115.211

-16.138

-707.267

. . Other extraordinary expense

-195.437

-309.632

-399.443

Total extraordinary income and expense

490.366

40.595

1.173.539

Results before income taxes

36.656.724

26.037.050

25.256.332

. Taxes on current income

13.138.698

8.734.243

8.082.009

. . current taxes

14.978.397

 

5.969.213

. . differed taxes(anticip.)

-1.839.699

 

2.112.796

. Net income for the period

23.518.026

17.302.807

17.174.323

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

23.518.026

17.302.807

17.174.323

 

RATIOS

Value Type

as at 31/12/2011

as at 31/12/2010

as at 31/12/2009

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,26

0,26

0,28

0,18

Elasticity Ratio

Units

0,73

0,73

0,71

0,80

Availability of stock

Units

0,18

0,17

0,14

0,24

Total Liquidity Ratio

Units

0,56

0,57

0,57

0,48

Quick Ratio

Units

0,16

0,20

0,15

0,03

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

0,72

0,57

0,54

3,25

Self Financing Ratio

Units

0,45

0,47

0,49

0,19

Capital protection Ratio

Units

0,89

0,90

0,90

0,63

Liabilities consolidation quotient

Units

0,17

0,23

0,35

0,19

Financing

Units

1,11

1,05

0,97

3,80

Permanent Indebtedness Ratio

Units

0,53

0,56

0,61

0,36

M/L term Debts Ratio

Units

0,08

0,09

0,13

0,11

Net Financial Indebtedness Ratio

Units

0,06

0,07

0,27

0,63

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

2,04

2,15

2,16

1,75

Current ratio

Units

1,68

1,81

1,98

1,21

Acid Test Ratio-Liquidity Ratio

Units

1,28

1,40

1,58

0,81

Structure's primary quotient

Units

1,75

1,79

1,72

1,03

Treasury's primary quotient

Units

0,36

0,49

0,42

0,06

Rate of indebtedness ( Leverage )

%

220,90

214,59

206,12

516,42

Current Capital ( net )

Value

408.872.200

428.686.362

432.997.625

422.465

RETURN

 

 

 

 

 

Return on Sales

%

6,50

6,94

7,24

3,35

Return on Equity - Net- ( R.O.E. )

%

3,77

2,85

2,88

5,13

Return on Equity - Gross - ( R.O.E. )

%

5,88

4,29

4,23

14,77

Return on Investment ( R.O.I. )

%

3,56

2,66

2,59

4,16

Return/ Sales

%

6,06

5,63

5,59

4,11

Extra Management revenues/charges incid.

%

47,89

49,87

53,96

28,57

Cash Flow

Value

52.698.447

42.800.339

41.245.181

122.482

Operating Profit

Value

49.103.828

34.696.285

31.827.469

144.752

Gross Operating Margin

Value

80.082.125

63.827.770

55.898.327

241.990

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

196,19

209,14

231,81

111,85

Debts to suppliers average term

Days

212,62

230,96

208,49

128,30

Average stock waiting period

Days

107,82

127,05

112,11

80,43

Rate of capital employed return ( Turnover )

Units

0,59

0,47

0,46

1,08

Rate of stock return

Units

3,34

2,83

3,21

4,45

Labour cost incidence

%

9,17

10,82

11,15

19,12

Net financial revenues/ charges incidence

%

-0,40

-0,41

-0,18

-1,08

Labour cost on purchasing expenses

%

9,30

10,43

11,57

19,02

Short-term financing charges

%

14,00

11,17

5,37

2,68

Capital on hand

%

170,09

211,55

215,99

91,91

Sales pro employee

Value

758.634

607.784

560.340

198.432

Labour cost pro employee

Value

69.569

65.767

62.472

35.779

 

Remarks

 

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

 

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

 

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.05

UK Pound

1

Rs.83.44

Euro

1

Rs.72.53

 

INFORMATION DETAILS

 

Report Prepared by :

NLM

 

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.