MIRA INFORM REPORT

 

 

Report Date :

05.01.2013

 

IDENTIFICATION DETAILS

 

Name :

PIAZZA ITALIA S.P.A.

 

 

Registered Office :

Via Cervantes, 55/27

80100 – Napoli (NA)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

01.08.2007

 

 

Legal Form :

Joint stock company

 

 

LINE OF BUSINESS :

WHOLESALE OF CLOTHING AND ACCESSORIES

 

 

No. of Employees :

more than 1500

 

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 :

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 and address

 

PIAZZA ITALIA S.P.A.

 

Via       Cervantes,         55/27

 

80100   - Napoli (NA)      -IT-

 

 

Summary

 

Fiscal Code

:

07509430638

Legal Form

:

Joint stock company

start of Activities

:

01/08/2007

Equity

:

Over 2.582.254

Turnover Range

:

over 129.114.224

Number of Employees

:

more than 1500

 

 

Activity

 

Wholesale of clothing and accessories

Retail sale of clothing in specialised stores

Retail sale of ladies and menswear

Retail sale of footwear and leather goods in specialised stores

Retail sale of footwear and accessories

 

 

Legal Data

 

Legal Form : Joint stock company

Fiscal Code : 07509430638

 

Foreign Trade Reg. no. : NA041874 since 10/05/2007

 

Chamber of Commerce no. : 156099 of

 

Chamber of Commerce no. : 162954 of

 

Chamber of Commerce no. : 431797 of

 

Chamber of Commerce no. : 363350 of

 

Chamber of Commerce no. : 88721 of

 

Chamber of Commerce no. : 431777 of

 

Chamber of Commerce no. : 199522 of

 

Chamber of Commerce no. : 232966 of

 

Chamber of Commerce no. : 107667 of

 

Chamber of Commerce no. : 225969 of

 

Chamber of Commerce no. : 141238 of

 

Chamber of Commerce no. : 180776 of

 

Chamber of Commerce no. : 173299 of

 

Chamber of Commerce no. : 184944 of

 

Chamber of Commerce no. : 271162 of

 

Chamber of Commerce no. : 521651 of

 

Chamber of Commerce no. : 136060 of

 

Chamber of Commerce no. : 413999 of

 

Chamber of Commerce no. : 166115 of

 

Chamber of Commerce no. : 156166 of

 

Chamber of Commerce no. : 189689 of

 

Chamber of Commerce no. : 149499 of

 

Chamber of Commerce no. : 1754427 of

 

Chamber of Commerce no. : 625217 of since 12/11/1999

 

Chamber of Commerce no. : 349721 of

 

Chamber of Commerce no. : 223317 of

 

Chamber of Commerce no. : 161474 of

 

Chamber of Commerce no. : 168663 of

 

Chamber of Commerce no. : 123929 of

 

Chamber of Commerce no. : 59891 of

 

Chamber of Commerce no. : 981592 of

 

Chamber of Commerce no. : 358079 of

 

Chamber of Commerce no. : 123347 of

 

Chamber of Commerce no. : 129578 of

 

Chamber of Commerce no. : 123586 of

 

Chamber of Commerce no. : 87535 of

 

Chamber of Commerce no. : 122977 of

 

Chamber of Commerce no. : 308353 of

 

Chamber of Commerce no. : 258733 of

 

Chamber of Commerce no. : 301388 of

 

Chamber of Commerce no. : 299763 of

 

Chamber of Commerce no. : 304961 of

 

Chamber of Commerce no. : 336179 of

 

Chamber of Commerce no. : 120699 of

 

Firms' Register : NA-1999-138956 of since 12/11/1999

 

V.A.T. Code : 07509430638

 

Foundation date

: 05/10/1999

Establishment date

: 05/10/1999

Start of Activities

: 01/08/2007

Legal duration

: 31/12/2050

Nominal Capital

: 12.000.000

 

Subscribed Capital

: 12.000.000

 

Paid up Capital

: 12.000.000

 

 

 

Members

 

 

Bernardo

Antonio

 

 

 

Born in Napoli

(NA)

on 27/08/1963

- Fiscal Code : BRNNTN63M27F839Y

 

 

 

Residence:

 

Caccavello

, 14

- 80100

Napoli

(NA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Board Chairman

27/03/2009

 

 

Director

27/03/2009

 

 

 

 

Prejudicial events registered

 

 

No Protests registered

 

 

Bernardo

Luigi

 

 

 

Born in Napoli

(NA)

on 31/10/1967

- Fiscal Code : BRNLGU67R31F839I

 

 

 

Residence:

 

Del Mare

, 73

- 80016

Marano di Napoli

(NA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

27/03/2009

 

 

 

Prejudicial events registered

 

No Protests registered

 

Bernardo

Francesco

 

 

Born in Napoli

(NA)

on 09/04/1979

- Fiscal Code : BRNFNC79D09F839K

 

 

Residence:

 

S.antonio Abate

, 214

- 80100

Napoli

(NA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

27/03/2009

 

 

 

No Protests registered

 

Romano

Massimiliano

 

 

Born in Pomigliano d'Arco

(NA)

on 29/10/1973

- Fiscal Code : RMNMSM73R29G812C

 

 

Residence:

 

Corso Umberto I

, 165

- 80013

Casalnuovo di Napoli

(NA)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

29/12/2006

 

 

 

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.

 

Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Alma s.r.l.

Napoli - IT -

05761511210

6.120.000 .Eur

51,00

Glencove Corporation Xiv Consultadoria e Servicos Lda

 

05364000835

5.880.000 .Eur

49,00

 

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

Cis Holding S.p.a.

Napoli - IT -

05482211215

2.092 .Eur

0,41

 

 

Active

Cis Service S.p.a.

Napoli - IT -

05482221214

23.015 .Eur

0,41

 

 

Active

Consorzio Centro Commerciale Itaca

Formia - IT -

01732250590

 

 

 

 

Active

Consorzio Del Centro Commerciale Collefe Rro

Colleferro - IT -

04724011004

 

 

 

 

Active

Consorzio Centro Commerciale Montecatini

Massa e Cozzile - IT -

01211220478

.Eur

4,54

 

 

Active

CONSORZIO CENTRO COMMERCIALE VALDELSA

Poggibonsi - IT -

00903000529

 

 

 

 

Active

Val Di Chienti - Societa' Consortile A R .l.

Macerata - IT -

01341950432

482 .Eur

4,73

 

 

Active

Piazzaumbra Societa' Consortile A Respon sabilita' Limitata

Trevi - IT -

02487630549

560 .Eur

5,60

 

 

Active

Consorzio Degli Operatori Del Centro Com Merciale Roma Est

Roma - IT -

09022701008

 

 

 

 

Active

Consorzio Operatori Centro Commerciale C Arrefour Limbiate O In Sigla "cocl"

Limbiate - IT -

05269230966

 

 

 

 

Active

Consorzio Operatori Centro Commerciale Q Uarto Nuovo

Quarto - IT -

05882061210

 

 

 

 

Active

Consorzio Degli Operatori Del Centro Com merciale La Corte Del Sole

Sestu - IT -

03026950927

 

 

 

 

Active

Consorzio Centro Commerciale Friuli

 

02096770306

 

 

 

 

Active

Le Torri D'europa - Societa' Consortile A Responsabilita' Limitata

Trieste - IT -

90096440327

628 .Eur

1,79

 

 

Active

Due Mari

Maida - IT -

02574350795

.Eur

 

 

 

Active

CONSORZIO OPERATORI CENTRO SARCA

 

03957030962

 

 

 

 

Active

Consorzio Degli Operatori Del Centro Com Merciale Casilino

Roma - IT -

07119971005

 

 

 

 

Active

PARCO COMMERCIALE DORA SOCIETA' CONSORTI LE A RESPONSABILITA' LIMITATA IN BREVE P

TORINO - IT -

08548470015

1.469 .Eur

2,93

 

 

Active

Consorzio Dei Proprietari Del Centro Com merciale La Corte Del So Le

Sestu - IT -

03026690929

 

 

 

 

Active


Firm's location and structure

 

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

 

-

Legal and operative seat

 

 

 

 

 

 

 

Cervantes

, 55/27

- 80100

- Napoli

(NA)

- IT -

 

 

 

 

PHONE

: 0815108255

 

 

 

 

Website

: www.piazzaitalia.it

 

-

Branch

(Shop)

since 29/11/2000

 

 

 

 

 

 

Torre Matigge

- 06039

- Trevi

(PG)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 200 Sq.mt.

 

 

 

 

PHONE

: 0731213268

 

 

 

 

PHONE

: 0735591061

 

 

 

 

PHONE

: 0733817634

 

 

 

 

PHONE

: 0858028466

 

-

Branch

(Shop)

since 30/06/2003

 

 

 

 

 

 

Milanese

, SNC

- 20099

- Sesto San Giovanni

(MI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 990 Sq.mt.

 

 

 

 

PHONE

: 0736344851

 

-

Branch

(Shop)

since 13/06/2005

 

 

 

 

 

 

Milanofiori

, SNC

- 20094

- Assago

(MI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 420 Sq.mt.

 

-

Branch

(Shop)

since 01/06/2001

 

 

 

 

 

 

Caverni

, 60

- 50056

- Montelupo Fiorentino

(FI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 500 Sq.mt.

 

-

Branch

(Shop)

since 04/11/2003

 

 

 

 

 

 

Carpognane

, 43CS

- 50041

- Calenzano

(FI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 400 Sq.mt.

 

-

Branch

(Shop)

since 03/11/1999

 

 

 

 

 

 

Matteotti

, 9/21

- 64021

- Giulianova

(TE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

-

Branch

(Shop)

since 03/11/1999

 

 

 

 

 

 

Vittorio Emanuele

, 58/60/62

- 62012

- Civitanova Marche

(MC)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

-

Branch

(Shop)

since 27/08/2000

 

 

 

 

 

S.c.guerra Via S.m.la Nola

- 80021

- Afragola

(NA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.900 Sq.mt.

 

-

Branch

(Shop)

since 30/11/2000

 

 

 

 

 

 

Italia

, 191

- 80067

- Sorrento

(NA)

- IT -

 

 

 

 

Total Surface: 250 Sq.mt.

 

-

Branch

(Shop)

since 24/11/2000

 

 

 

 

 

 

Nazionale

- 50100

- Firenze

(FI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 650 Sq.mt.

 

-

Branch

(Shop)

since 10/10/2000

 

 

 

 

 

 

S. Quirico

, 156

- 50013

- Campi Bisenzio

(FI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.501 Sq.mt.

 

-

Branch

(Shop)

since 01/11/2000

 

 

 

 

 

 

Nicola Abbagnano

, 7

- 60019

- Senigallia

(AN)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 370 Sq.mt.

 

-

Branch

(Shop)

since 11/10/2000

 

 

 

 

 

 

Andria-barletta

- 70031

- Andria

(BA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 197 Sq.mt.

 

-

Branch

(Shop)

since 12/02/2001

 

 

 

 

 

 

Le Lame

, 1

- 03100

- Frosinone

(FR)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 825 Sq.mt.

 

-

Branch

(Shop)

since 26/04/2001

 

 

 

 

 

 

Marco Bussato

- 48100

- Ravenna

(RA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 361 Sq.mt.

 

-

Branch

(Shop)

since 23/04/2001

 

 

 

 

 

 

Iseo C/o C.comm. Centro Piave

- 30027

- San Dona' di Piave

(VE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 480 Sq.mt.

 

-

Branch

(Shop)

since 18/06/2001

 

 

 

 

 

 

Trentino

, 1

- 37060

- Sona

(VR)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 502 Sq.mt.

 

-

Branch

(Shop)

since 07/12/2001

 

 

 

 

 

 

Delle Serre

, SNC

- 09044

- Quartucciu

(CA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 750 Sq.mt.

 

-

Branch

(Shop)

since 09/06/2003

 

 

 

 

 

 

Comuni Condomini

, SNC

- 88025

- Maida

(CZ)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.000 Sq.mt.

 

-

Branch

(Shop)

since 01/05/2001

 

 

 

 

 

 

Vienna

, 1

- 31044

- Montebelluna

(TV)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 218 Sq.mt.

 

-

Branch

(Shop)

since 07/11/2001

 

 

 

 

 

S.s. Adriatica

, Loc: CESANO

- 60019

- Senigallia

(AN)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 369 Sq.mt.

 

-

Branch

(Shop)

since 02/03/2001

 

 

 

 

 

 

Montefiorino

, 12

- 05100

- Terni

(TR)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 307 Sq.mt.

 

-

Branch

(Shop)

since 02/01/2001

 

 

 

 

 

 

Kennedy

- 87036

- Rende

(CS)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 694 Sq.mt.

 

-

Branch

(Shop)

since 30/01/2002

 

 

 

 

 

 

Salceto

- 53036

- Poggibonsi

(SI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 450 Sq.mt.

 

-

Branch

(Shop)

since 12/02/2003

 

 

 

 

 

 

Svevo

, 14/16

- 34100

- Trieste

(TS)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 472 Sq.mt.

 

-

Branch

(Shop)

since 10/01/2002

 

 

 

 

 

 

Velluti

- 62100

- Macerata

(MC)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 990 Sq.mt.

 

-

Branch

(Shop)

since 27/07/2001

 

 

 

 

 

 

B.ubaldi

, Loc: SAN BIAGIO

- 06024

- Gubbio

(PG)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA S.P.A.

 

 

 

 

Total Surface: 600 Sq.mt.

 

-

Branch

(Shop)

since 08/03/2002

 

 

 

 

 

 

Degli Operai

, SNC

- 16100

- Genova

(GE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 691 Sq.mt.

 

-

Branch

(Shop)

since 05/09/2002

 

 

 

 

 

 

Delle Cattane

, 71

- 36100

- Vicenza

(VI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 250 Sq.mt.

 

-

Branch

(Shop)

since 16/03/2001

 

 

 

 

 

 

Po Box 22

, SNC

- 66020

- San Giovanni Teatino

(CH)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 430 Sq.mt.

 

-

Branch

(Shop)

since 09/11/2001

 

 

 

 

 

 

Cardone

- 66054

- Vasto

(CH)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 420 Sq.mt.

 

-

Branch

(Shop)

since 01/07/2002

 

 

 

 

 

 

Pasubio Lotto 2 Loc. 2

, 144

- 63039

- San Benedetto del Tronto

(AP)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 900 Sq.mt.

 

-

Branch

(Shop)

since 02/01/2001

 

 

 

 

 

 

Giusti

, 4/51

- 44100

- Ferrara

(FE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 200 Sq.mt.

 

-

Branch

(Shop)

since 05/12/2002

 

 

 

 

 

 

234 Z.i. Campolungo

, 100

- 63100

- Ascoli Piceno

(AP)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 453 Sq.mt.

 

-

Branch

(Shop)

since 02/01/2001

 

 

 

 

 

 

Copparo

, 132

- 44100

- Ferrara

(FE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 978 Sq.mt.

 

-

Branch

(Shop)

since 01/06/2001

 

 

 

 

 

 

Martin Luther King

, 5/6

- 50032

- Borgo San Lorenzo

(FI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 935 Sq.mt.

 

-

Branch

(Office with warehouse)

since 20/03/2004

 

 

 

 

 

Interporto Campano Lotto D1

, 232

- 80035

- Nola

(NA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

-

Branch

(Branch)

since 20/07/2004

 

 

 

 

 

Interp.campano Lotto D1 Md.125

, 126

- 80035

- Nola

(NA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

-

Branch

(Shop)

since 26/05/2006

 

 

 

 

 

 

S.maria A Cubito

- 80014

- Giugliano in Campania

(NA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 2.200 Sq.mt.

 

-

Branch

(Point of sale)

since 24/01/2000

 

 

 

 

 

 

Boscofangone Cis Nola Is.1 Int

, 167

- 80035

- Nola

(NA)

- IT -

 

 

 

 

PHONE

: 0813123111

 

-

Branch

(Shop)

since 03/11/1999

 

 

 

 

 

 

Caduti Del Lavoro,

, 4

- 60035

- Jesi

(AN)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 873 Sq.mt.

 

-

Branch

(Shop)

since 14/07/2000

 

 

 

 

 

 

Ugo Bassi

, 1

- 63039

- San Benedetto del Tronto

(AP)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 960 Sq.mt.

 

-

Branch

(Shop)

since 14/07/2000

 

 

 

 

 

 

Indipendenza

, 21

- 63100

- Ascoli Piceno

(AP)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 904 Sq.mt.

 

-

Branch

(Shop)

since 04/12/2002

 

 

 

 

 

 

Trani

, 19

- 70051

- Barletta

(BA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 250 Sq.mt.

 

-

Branch

(Shop)

since 28/05/2003

 

 

 

 

 

 

Santa Caterina

, 17/C

- 70100

- Bari

(BA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.916 Sq.mt.

 

-

Branch

(Shop)

since 27/02/2004

 

 

 

 

 

 

V.veneto

, 88

- 24041

- Brembate

(BG)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 310 Sq.mt.

 

-

Branch

(Shop)

since 27/07/2001

 

 

 

 

 

 

Mariano Tonegutti

, 6

- 32100

- Belluno

(BL)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 317 Sq.mt.

 

-

Branch

(Shop)

since 27/07/2001

 

 

 

 

 

 

E. Mattei

, 37/39

- 25030

- Roncadelle

(BS)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 370 Sq.mt.

 

-

Branch

(Shop)

since 12/11/1999

 

 

 

 

 

 

Madonna Delle Grazie

, 53

- 86039

- Termoli

(CB)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 840 Sq.mt.

 

-

Branch

(Shop)

since 10/10/2003

 

 

 

 

 

Str.prov.trentola-parete

, SNC

- 81038

- Trentola-Ducenta

(CE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 434 Sq.mt.

 

-

Branch

(Shop)

since 07/11/2000

 

 

 

 

 

 

Santo Spirito

, 119

- 66034

- Lanciano

(CH)

- IT -

 

 

 

 

Total Surface: 385 Sq.mt.

 

-

Branch

(Shop)

since 10/09/2003

 

 

 

 

 

 

84 Via Var.frentana

, Loc: C.DA GAETA

- 66034

- Lanciano

(CH)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 477 Sq.mt.

 

-

Branch

(Shop)

since 30/09/2003

 

 

 

 

 

 

S.liberata

, SNC

- 66026

- Ortona

(CH)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.000 Sq.mt.

 

-

Branch

(Shop)

since 30/07/2001

 

 

 

 

 

 

Romairone

- 16100

- Genova

(GE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 980 Sq.mt.

 

-

Branch

(Shop)

since 11/05/2003

 

 

 

 

 

 

106 Bis Km. 249

, Loc: LOC. PASSOVECCHIO

- 88074

- Crotone

(KR)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 270 Sq.mt.

 

-

Branch

(Shop)

since 02/01/2001

 

 

 

 

 

 

P.nervi

- 04100

- Latina

(LT)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 589 Sq.mt.

 

-

Branch

(Shop)

since 19/03/2004

 

 

 

 

 

 

Le Catene A S.vito

, 2

- 55100

- Lucca

(LU)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 805 Sq.mt.

 

-

Branch

(Shop)

since 24/03/2003

 

 

 

 

 

 

Gronchi Zona Mostre

- 62012

- Civitanova Marche

(MC)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 370 Sq.mt.

 

-

Branch

(Shop)

since 01/05/2004

 

 

 

 

 

Str.da Vigevanese Lc.mirabella

- 20080

- Ozzero

(MI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 300 Sq.mt.

 

-

Branch

 

since 27/09/2001

 

 

 

 

 

 

C.colombo

, 76

- 35043

- Monselice

(PD)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 680 Sq.mt.

 

-

Branch

(Shop)

since 21/07/2005

 

 

 

 

 

 

Biscolla

, 48

- 51010

- Massa e Cozzile

(PT)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 329 Sq.mt.

 

-

Branch

(Shop)

since 27/05/2005

 

 

 

 

 

 

Fundania

, SNC

- 02100

- Rieti

(RI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 440 Sq.mt.

 

-

Branch

(Shop)

since 05/07/2000

 

 

 

 

 

 

Casilina C/o C. Comm.le

, KM49.200

- 00034

- Colleferro

(RM)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 833 Sq.mt.

 

-

Branch

(Shop)

since 28/06/2001

 

 

 

 

 

 

Delle Cinque Miglia

, 58/60

- 00042

- Anzio

(RM)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 950 Sq.mt.

 

-

Branch

(Shop)

since 31/08/2001

 

 

 

 

 

 

Della Longarina

- 00012

- Guidonia Montecelio

(RM)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 900 Sq.mt.

 

-

Branch

(Shop)

since 26/07/2001

 

 

 

 

 

 

Aurelia

, KM 76

- 00053

- Civitavecchia

(RM)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 650 Sq.mt.

 

-

Branch

(Shop)

since 01/03/2001

 

 

 

 

 

 

E.longoni

- 00100

- Roma

(RM)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 260 Sq.mt.

 

-

Branch

(Shop)

since 12/12/2002

 

 

 

 

 

 

Nettunense Ang. V.fonderia

, Loc: LAVINIO

- 00042

- Anzio

(RM)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 800 Sq.mt.

 

-

Branch

(Shop)

since 11/09/2003

 

 

 

 

 

 

V.emanuele

, 228

- 84100

- Salerno

(SA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 400 Sq.mt.

 

-

Branch

(Shop)

since 27/11/2003

 

 

 

 

 

 

Spalla

, SNC

- 96010

- Melilli

(SR)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.500 Sq.mt.

 

-

Branch

(Shop)

since 17/06/2004

 

 

 

 

 

 

Nazionale

, 127

- 33010

- Tavagnacco

(UD)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.000 Sq.mt.

 

-

Branch

(Shop)

since 01/07/2005

 

 

 

 

 

 

Busto Arstizio

, 11

- 21058

- Solbiate Olona

(VA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 815 Sq.mt.

 

-

Branch

(Shop)

since 01/09/2001

 

 

 

 

 

S.s.padana Sup.v/padova

, 60

- 36100

- Vicenza

(VI)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 600 Sq.mt.

 

-

Branch

(Sales office)

since 20/02/2010

 

 

 

 

 

 

Adige Zona Industriale

, 2

- 37060

- Nogarole Rocca

(VR)

- IT -

 

-

Branch

(Shop)

since 01/08/2000

 

 

 

 

 

 

Tang,le Ovest

, Loc: LOC.RIELLO

- 01100

- Viterbo

(VT)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.000 Sq.mt.

 

-

Branch

(Shop)

since 16/04/2011

 

 

 

 

 

Via Museo

, 33

- 39100

- Bolzano

(BZ)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.108 Sq.mt.

 

-

Branch

(Shop)

since 05/04/2007

 

 

 

 

 

 

Degli Aviatori

, 126

- 71100

- Foggia

(FG)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 517 Sq.mt.

 

-

Branch

(Sales office)

since 22/08/2011

 

 

 

 

 

 

Ind.le Asi

, SNC

- 80035

- Nola

(NA)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

-

Branch

(Shop)

since 05/07/2011

 

 

 

 

 

 

87 Loc. Aurno

, MSU01PT

- 81025

- Marcianise

(CE)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 1.297 Sq.mt.

 

-

Branch

(Shop)

since 16/09/2011

 

 

 

 

 

 

Delle Americhe

, SNC

- 97100

- Ragusa

(RG)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 850 Sq.mt.

 

-

Branch

(Shop)

since 01/10/2002

 

 

 

 

 

 

Casilina

, 1011

- 00100

- Roma

(RM)

- IT -

 

 

 

 

Trading Style: PIAZZA ITALIA

 

 

 

 

Total Surface: 860 Sq.mt.

 

 

 

 

Employees

: 1.851

 

Fittings and Equipment for a value of 5.390.000

Eur

 

Stocks for a value of 51.390.000

Eur

 

 

The subject firm uses the following own selling brands:

- PIAZZA ITALIA

 

 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

Bernardo

Luigi

 

 

Born in Napoli

(NA)

on 31/10/1967

- Fiscal Code : BRNLGU67R31F839I

 

 

Residence:

 

Del Mare

, 73

- 80016

Marano di Napoli

(NA)

- IT -

 

Ex-Postions

Sole Director

 

Fiorentino

Sergio

 

 

Born in Napoli

(NA)

on 27/11/1955

- Fiscal Code : FRNSRG55S27F839X

 

 

Residence:

 

SCALA

, 31

- 80100

Napoli

(NA)

- IT -

 

Ex-Postions

Temporary Auditor

 

 

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.

 

 

Bankers

 

The firm operates with:

 

Bank Name

Agency Name

Address

ZIP Code

City

ABI Code

CAB Code

INTESA SANPAOLO SPA

 

 

 

 

3069

0

MONTE DEI PASCHI DI SIENA SPA

 

 

 

 

1030

0

UNICREDIT BANCA SPA

 

 

 

 

2008

0


Financial and Economical Analysis

 

Company's starting of activities dates back to 2007.

The analysis is based on the latest 3 balance sheets.

During the last years, it recorded positive net results (r.o.e. 30,36% in 2011) with a good increase in turnover (+12,11% in 2011 compared to 2010 and +17,22% in 2010 compared to 2009).

The operating result was positive in the last financial year (13,66%) and in line with the sector's average.

The amount of the operating result is equal to Eur. 15.474.928 on stable levels if compared to the previous year.

The gross operating margin of the latest financial year is of Eur. 21.228.105 on the same levels as the previous financial year.

 

The financial status of the company is fairly balanced with an indebtedness level of 1,53 yet on the increase as against the previous accounting period.

 

With regard to equity capital, an amount of Eur. 26.067.965 is registered. on the same levels as the year before.

In the year 2011 total debts amounted to Eur. 80.656.340 , with no sensible variation.

 

Bank and suppliers credit recourse is limited, 64,07 gg. is payment average period which is also lower than the sector average.

 

Payments are supported by good current assets.

 

Trade credits average terms are 4,09 days. , a better value than the sector's average.

2011 financial year closed with a cash flow of Eur. 11.608.059

Labour cost amounts to Eur. 43.691.741, with a 17,39% incidence on production costs. , with a 16,58% incidence on turnover.

 

Financial charges have a limited incidence (-0,24%) on sales volume.

 

Financial Data

 

 

Complete balance-sheet for the year

31/12/2011

(in Eur

x 1)

 

Item Type

Value

Sales

263.593.119

Profit (Loss) for the period

7.913.998

 

 

Complete balance-sheet for the year

31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

235.111.337

Profit (Loss) for the period

8.236.545

 

 

Complete balance-sheet for the year

31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

200.564.617

Profit (Loss) for the period

3.293.910

 

 

Complete balance-sheet for the year

31/12/2008

(in Eur

x 1)

 

Item Type

Value

Sales

176.662.281

Profit (Loss) for the period

59.062

 

 

Complete balance-sheet for the year

31/12/2007

(in Eur

x 1)

 

Item Type

Value

Sales

164.614.444

Profit (Loss) for the period

21.194



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

4.142.543

4.382.306

4.152.962

. . Research,develop. and advert.expens.

675.761

636.481

856.054

. . Industrial patent rights

 

 

 

. . Concessions,licenses,trademarks,etc.

26.524

1.926

7.219

. . Goodwill

 

 

1.954

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

 

 

 

. Total Intangible Fixed Assets

4.844.828

5.020.713

5.018.189

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

 

 

 

. . Plant and machinery

5.323.701

4.967.481

4.396.442

. . Industrial and commercial equipment

68.227

42.763

16.550

. . Other assets

1.724.882

1.412.005

940.011

. . Assets under construction and advances

855.269

346.860

139.073

. Total Tangible fixed assets

7.972.079

6.769.109

5.492.076

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

16.280

15.795

15.795

. . . Equity invest. in subsidiary companies

 

 

 

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

16.280

15.795

15.795

. . Financial receivables

378.268

451.155

673.369

. . . . Within 12 months

 

 

673.369

. . . . Beyond 12 months

378.268

451.155

 

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

280.000

. . . . Within 12 months

 

 

280.000

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

378.268

451.155

393.369

. . . . Within 12 months

 

 

393.369

. . . . Beyond 12 months

378.268

451.155

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

394.548

466.950

689.164

Total fixed assets

13.211.455

12.256.772

11.199.429

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

622.255

 

 

. . Work in progress and semimanufactured

 

 

 

. . Work in progress on order

 

 

 

. . Finished goods

50.765.483

32.128.916

25.423.890

. . Advance payments

 

 

 

. Total Inventories

51.387.738

32.128.916

25.423.890

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

7.012.463

4.374.388

6.404.718

. . Beyond 12 months

1.125.149

1.830.437

2.134.744

. . Trade receivables

2.997.244

1.650.952

685.132

. . . . Within 12 months

2.997.244

1.650.952

685.132

. . . . Beyond 12 months

 

 

 

. . Receivables due from subsid. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

1.951.766

1.661.095

1.518.150

. . . . Within 12 months

1.951.766

1.661.095

1.518.150

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

185.924

185.924

185.924

. . . . Within 12 months

185.924

185.924

185.924

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

896.047

317.896

282.811

. . . . Within 12 months

896.047

317.896

282.811

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

2.106.631

2.388.958

5.867.445

. . . . Within 12 months

981.482

558.521

3.732.701

. . . . Beyond 12 months

1.125.149

1.830.437

2.134.744

. Total Credits not held as fixed assets

8.137.612

6.204.825

8.539.462

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

9.775

 

 

. Total Financial Assets

9.775

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

33.662.773

39.894.312

29.276.820

. . Checks

 

 

 

. . Banknotes and coins

318.055

269.972

264.003

. Total Liquid funds

33.980.828

40.164.284

29.540.823

Total current assets

93.515.953

78.498.025

63.504.175

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

6.579.686

6.124.010

7.185.087

Total adjustments accounts

6.579.686

6.124.010

7.185.087

TOTAL ASSETS

113.307.094

96.878.807

81.888.691

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

12.000.000

6.000.048

5.265.264

. Additional paid-in capital

 

 

 

. Revaluation reserves

 

 

 

. Legal reserve

905.674

493.847

329.151

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

15.350

15.254

15.254

. Accumulated Profits (Losses)

5.232.943

8.408.313

6.013.883

. Profit( loss) of the year

7.913.998

8.236.545

3.293.910

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

26.067.965

23.154.007

14.917.462

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

197.795

42.278

90.932

. . Other funds

885.847

541.217

298.789

Total Reserves for Risks and Charges

1.083.642

583.495

389.721

Employee termination indemnities

3.689.815

3.621.843

3.773.925

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

73.947.485

64.081.933

55.411.868

. . . . Beyond 12 months

6.708.855

3.258.322

4.990.134

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

25.521.025

14.764.854

18.631.508

. . . . Within 12 months

20.943.393

13.623.068

15.568.119

. . . . Beyond 12 months

4.577.632

1.141.786

3.063.389

. . Due to other providers of finance

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Advances from customers

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Trade payables

39.357.172

38.704.787

29.458.049

. . . . Within 12 months

39.357.172

38.704.787

29.458.049

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

662.436

2.655.873

1.704.504

. . . . Within 12 months

662.436

2.655.873

1.704.504

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

2.607.368

2.319.495

1.998.189

. . . . Within 12 months

2.607.368

2.319.495

1.998.189

. . . . Beyond 12 months

 

 

 

. . Other payables

12.508.339

8.895.246

8.609.752

. . . . Within 12 months

10.377.116

6.778.710

6.683.007

. . . . Beyond 12 months

2.131.223

2.116.536

1.926.745

Total accounts payable

80.656.340

67.340.255

60.402.002

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

1.809.332

2.179.207

2.405.581

Total adjustment accounts

1.809.332

2.179.207

2.405.581

TOTAL LIABILITIES

113.307.094

96.878.807

81.888.691

 

 

 

 

 

 

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

263.593.119

235.111.337

200.564.617

. Changes in work in progress

 

 

 

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

 

 

 

. Other income and revenues

3.062.032

1.328.955

674.859

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

3.062.032

1.328.955

674.859

Total value of production

266.655.151

236.440.292

201.239.476

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

158.899.791

125.383.977

105.305.784

. Services received

26.227.697

25.997.875

16.877.061

. Leases and rentals

35.999.372

33.018.523

33.400.822

. Payroll and related costs

43.691.741

38.915.381

35.203.234

. . Wages and salaries

32.902.642

29.304.903

26.424.388

. . Social security contributions

8.286.140

7.368.332

6.792.582

. . Employee termination indemnities

2.481.415

2.220.972

1.945.181

. . Pension and similar

 

 

 

. . Other costs

21.544

21.174

41.083

. Amortization and depreciation

3.694.061

3.667.164

3.628.955

. . Amortization of intangible fixed assets

1.837.957

2.024.195

1.912.320

. . Amortization of tangible fixed assets

1.856.104

1.642.969

1.716.635

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

 

 

 

. Changes in raw materials

-20.680.729

-6.755.026

-407.739

. Provisions to risk reserves

26.767

100.428

70.000

. Other provisions

2.032.349

192.000

152.580

. Other operating costs

1.289.174

992.370

992.695

Total production costs

251.180.223

221.512.692

195.223.392

Diff. between value and cost of product.

15.474.928

14.927.600

6.016.084

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

1.225.681

362.565

624.425

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

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

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

 

362.565

624.425

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-1.859.288

-1.095.297

-518.984

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

 

Total financial income and expense

-633.607

-732.732

105.441

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

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

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

 

 

 

. . Of equity investments

 

 

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

 

 

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

121.694

233.567

733.887

. . Gains on disposals

 

 

 

. . Other extraordinary income

121.694

233.567

733.887

. Extraordinary expense

-664.951

-201.582

-367.686

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

-664.951

-201.582

-367.686

Total extraordinary income and expense

-543.257

31.985

366.201

Results before income taxes

14.298.064

14.226.853

6.487.726

. Taxes on current income

6.384.066

5.990.308

3.193.816

. . current taxes

6.806.701

6.074.047

3.417.985

. . differed taxes(anticip.)

-422.635

-83.739

-224.169

. Net income for the period

7.913.998

8.236.545

3.293.910

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

7.913.998

8.236.545

3.293.910

 

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

0,12

0,13

0,14

0,13

Elasticity Ratio

Units

0,83

0,81

0,78

0,85

Availability of stock

Units

0,45

0,33

0,31

0,54

Total Liquidity Ratio

Units

0,37

0,48

0,47

0,22

Quick Ratio

Units

0,30

0,41

0,36

0,04

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

1,53

1,03

1,73

4,36

Self Financing Ratio

Units

0,23

0,24

0,18

0,14

Capital protection Ratio

Units

0,24

0,39

0,43

0,56

Liabilities consolidation quotient

Units

0,14

0,11

0,16

0,15

Financing

Units

3,09

2,91

4,05

5,86

Permanent Indebtedness Ratio

Units

0,32

0,31

0,29

0,31

M/L term Debts Ratio

Units

0,09

0,07

0,11

0,10

Net Financial Indebtedness Ratio

Units

0,00

0,00

0,00

0,98

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

2,76

2,45

2,11

2,02

Current ratio

Units

1,26

1,22

1,15

1,15

Acid Test Ratio-Liquidity Ratio

Units

0,57

0,72

0,69

0,36

Structure's primary quotient

Units

1,97

1,89

1,33

1,06

Treasury's primary quotient

Units

0,46

0,63

0,53

0,07

Rate of indebtedness ( Leverage )

%

434,66

418,41

548,95

707,22

Current Capital ( net )

Value

19.568.468

14.416.092

8.092.307

61.776

RETURN

 

 

 

 

 

Return on Sales

%

4,40

5,06

3,45

2,62

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

%

30,36

35,57

22,08

6,19

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

%

54,85

61,44

43,49

15,72

Return on Investment ( R.O.I. )

%

13,66

15,41

7,35

3,25

Return/ Sales

%

5,87

6,35

3,00

2,94

Extra Management revenues/charges incid.

%

51,14

55,18

54,75

31,16

Cash Flow

Value

11.608.059

11.903.709

6.922.865

20.178

Operating Profit

Value

15.474.928

14.927.600

6.016.084

23.558

Gross Operating Margin

Value

21.228.105

18.887.192

9.647.265

40.605

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

4,09

2,53

1,23

26,46

Debts to suppliers average term

Days

64,07

75,56

68,16

152,76

Average stock waiting period

Days

70,18

49,20

45,63

158,60

Rate of capital employed return ( Turnover )

Units

2,33

2,43

2,45

1,10

Rate of stock return

Units

5,13

7,32

7,89

2,21

Labour cost incidence

%

16,58

16,55

17,55

10,29

Net financial revenues/ charges incidence

%

-0,24

-0,31

0,05

-1,31

Labour cost on purchasing expenses

%

17,39

17,57

18,03

10,25

Short-term financing charges

%

2,31

1,63

0,86

2,10

Capital on hand

%

42,99

41,21

40,83

90,76

Sales pro employee

Value

13.980

144.240

142.345

267.102

Labour cost pro employee

Value

2.317

23.874

24.984

30.754

 

 

SOURCES

 

Our Company collects data from public registers, lists, archives or contained in Acts and/or documents (held by the National Chamber of Commerce or Immovables Territorial Agency), users, reporters or however generally accessible (for example, from categorical lists, statistical institutes, press reports and from public inspection internet sites).

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.54.84

UK Pound

1

Rs.88.16

Euro

1

Rs.71.54

 

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.