MIRA
INFORM REPORT
|
Report Date : |
11.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
ANETO SA |
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
Spain |
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
30.11.1945 |
|
|
|
|
Legal Form : |
Joint-Stock Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
15 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit: |
220.000,00 |
|
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 (31.03.2011) |
Current Rating (30.06.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SPAIN - ECONOMIC OVERVIEW
spain's mixed capitalist economy is the 13th largest
in the world, and its per capita income roughly matches that of Germany and
France. However, after almost 15 years of above average GDP growth, the Spanish
economy began to slow in late 2007 and entered into a recession in the second
quarter of 2008. GDP contracted by 3.7% in 2009, ending a 16-year growth trend,
and by another 0.1% in 2010, before turning positive in 2011, making Spain the
last major economy to emerge from the global recession. The reversal in
Spain''s economic growth reflected a significant decline in construction amid
an oversupply of housing and falling consumer spending, while exports actually
have begun to grow. Government efforts to boost the economy through stimulus
spending, extended unemployment benefits, and loan guarantees did not prevent a
sharp rise in the unemployment rate, which rose from a low of about 8% in 2007
to over 20% in 2011. The government budget deficit worsened from 3.8% of GDP in
2008 to 9.2% of GDP in 2010, more than three times the euro-zone limit. Madrid
cut the deficit to 8.5% of GDP in 2011, a larger deficit than the 6% target
negotiated between Spain and the EU. Spain''s large budget deficit and poor
economic growth prospects have made it vulnerable to financial contagion from
other highly-indebted euro zone members despite the government''s efforts to
cut spending, privatize industries, and boost competitiveness through labor
market reforms. Spanish banks'' high exposure to the collapsed domestic
construction and real estate market also poses a continued risk for the sector.
The government oversaw a restructuring of the savings bank sector in 2010, and
provided some $15 billion in capital to various institutions. Investors remain
concerned that Madrid may need to bail out more troubled banks. The Bank of
Spain, however, is seeking to boost confidence in the financial sector by
pressuring banks to come clean about their losses and consolidate into stronger
groups.
Source
: CIA
Company name
ANETO SA
CIF/NIF: A08059297
Company situation: Active
EXECUTIVE
SUMMARY
Identification
Current Business Name: ANETO SA
Other names: YES
Current Address: CALLE POTOSI, 14
Telephone number: 933454900 Fax: 933110108
URL: www.aneto-sa.com
Corporate e-mail: aneto@aneto-sa.com
Trade Risk
Credit appraisal: 220.000,00
Incidents: NO
R.A.I.: NO
EXPERIAN BUREAU EMPRESARIAL Bank and Multi - sectorial Defaults of
Payment: NO
Financial Information
Latest sales known (2012): 8.528.836,29
(Estimated)
Balance sheet latest sales (2011): 8.280.423,59 (Mercantile Register)
Result: 96.502,12
Total Assets: 7.210.336,45
Share capital: 661.100,00
Employees: 15
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 30/11/1945
Activity: Wholesale of paper products &
cardboard
NACE 2009 CODE: 4676
International Operations: Imports and
Exports
Corporate Structure
President:
Participations: 1
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 08/11/2012 Appointments
Latest press article: No press articles registered.
Bank Entities: There are
RATING
Credit appraisal
Maximum Credit
(from 0 to 6,000,000
)
Favourable to 220.000,00
Financial
situation
|
Exercise:2011 |
|
|||
|
Immediate
liquidity |
|
Excellent |
|
|
|
Indebtedness |
|
Very slight |
|
|
|
Profitability |
|
Sufficient |
|
|
|
Soundness |
|
Excellent |
|
|
Performance
|
Incidents |
|
None or Negligible |
|
Business
Trajectory |
|
Excellent |
Rating Explanation
Financial situation
The companys financial situation is normal.
The sales evolution has been stable not
the results one, which has been negative.
The auditors opinion about the latest accounts has
been favourable with reservations.
Company Structure
The companys capitalization degree determines that
its structure is normal.
The companys size is medium depending
on its sales volume.
The employees evolution has been positive.
Performance and Incidences
The available information indicates that the
company does not have payment incidences.
He have detected no recent legal actions or claims
from the Administration against this company.
Accounts Filing
The company files regularly its accounts.
Reasons of the last outstanding calculation in the note
|
DATE |
CHANGE |
RESULTING NOTE |
EVENT |
|
30/11/2012 |
Reduction |
14 |
There has been a change in the formula version. |
|
12/11/2012 |
Reduction |
15 |
New financial statements have been uploaded. |
|
29/11/2011 |
Increase |
17 |
New financial statements have been uploaded. |
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No administrative claims registered
AFFECTED BY:
1 Company / Companies in Insolvency Proceedings.
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL DEFAULTS OF
PAYMENT 
R.A.I.
COMPANY NOT REGISTERED IN THE R.A.I.
This company is not registered in the Disputed Bills register (R.A.I.)
DATE AND TIME OF THE CONSULTATION
02/01/2013 10:01:15
Information from the Registro de Aceptaciones Impagados (RAI)- Disputed
Bills register.
It can only be used for information legitimate needs of the consulting
party, in accordance with its social or business activity, in order to grant a
credit or the monitoring or control of the already granted credits and can not
be transmitted or communicated to thirds, nor copied, duplicated, reproduced
nor implemented to any database , owned or external, or reused it in anyway,
direct or indirectly.
FINANCIAL ELEMENTS AND SECTORIAL COMPARATIVE
FINANCIAL ELEMENTS
Figures given in
|
|
31/12/2011 (12) BALANCE SHEET |
% ASSETS |
31/12/2010 (12) BALANCE SHEET |
% ASSETS |
31/12/2009 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
2.268.534,66 |
31,46 |
2.296.671,28 |
32,01 |
2.213.809,30 |
32,22 |
|
B) CURRENT ASSETS |
4.941.801,79 |
68,54 |
4.877.769,26 |
67,99 |
4.657.360,73 |
67,78 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
6.765.562,93 |
93,83 |
6.669.060,81 |
92,96 |
6.455.358,26 |
93,95 |
|
B) NON CURRENT LIABILITIES |
|
|
|
|
519,62 |
0,01 |
|
C) CURRENT LIABILITIES |
444.773,52 |
6,17 |
505.379,73 |
7,04 |
415.292,15 |
6,04 |
Profit and loss account analysis
Figures given in
|
|
2012 ESTIMATED |
31/12/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
8.528.836,29 |
8.280.423,59 |
|
8.215.083,29 |
|
|
GROSS MARGIN |
|
1.668.916,20 |
20,15 |
1.684.172,27 |
20,50 |
|
EBITDA |
|
125.807,79 |
1,52 |
315.113,44 |
3,84 |
|
EBIT |
|
99.501,18 |
1,20 |
275.173,12 |
3,35 |
|
NET RESULT |
|
96.502,12 |
1,17 |
213.702,55 |
2,60 |
|
EFFECTIVE TAX RATE (%) |
|
25,00 |
0,00 |
27,65 |
0,00 |
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
31,46 |
25,52 |
5,95 |
|
A) CURRENT ASSETS |
68,54 |
74,48 |
-5,95 |
|
LIABILITIES |
|||
|
A) NET WORTH |
93,83 |
45,58 |
48,25 |
|
B) NON CURRENT LIABILITIES |
|
7,86 |
|
|
C) CURRENT LIABILITIES |
6,17 |
46,56 |
-40,39 |
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
100,00 |
99,26 |
0,73 |
|
GROSS MARGIN |
20,15 |
24,70 |
-4,55 |
|
EBITDA |
1,52 |
4,42 |
-2,90 |
|
EBIT |
1,20 |
2,50 |
-1,30 |
|
NET RESULT |
1,17 |
1,60 |
-0,43 |
Sector Composition
Compared sector (NACE 2009): 4676
Number of companies: 20
Size (sales figure): 7,000,000.00 - 40,000,000.00 Euros
OTHER DATA FROM THE ANNUAL FINANCIAL REPORT
Results Distribution
Source: annual financial report 2011
Figures given in
|
DISTRIBUTION BASE |
APPLICATION A |
||
|
Profit and Loss Account Balance |
96.502,12 |
Legal Reserve |
0,00 |
|
Carry over |
0,00 |
Goodwill reserve |
0,00 |
|
Voluntary reserves |
0,00 |
Special reserves |
0,00 |
|
Other reserves disposable at will |
0,00 |
Voluntary reserves |
96.502,12 |
|
Total of Amounts to be distributed |
96.502,12 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
96.502,12 |
Auditing
Source: filing of annual financial statement 2011
Auditors opinion: FAVOURABLE WITH RESERVATIONS
Auditor: C.B.C. AUDITORES S.L.
Auditing exceptions:
Tal como se indica en el punto 6 de la Memoria, la sociedad presenta en
el
Activo del Balance de Situaciσn, la inversiσn realizada en un inmueble
cuyo valor
neto contable en el Balance de Situaciσn adjunto asciende a 1.987.853,97
Euros.
Como consecuencia de no disponer de la informaciσn necesaria para
evaluar el
valor de dicha inversiσn, no podemos evaluar la razonabilidad de la
valoraciσn al 31
de diciembre de 2011.
Auditing fees: 8.240,00
Facts subsequent to the closing
Source: Annual financial report 2011
After the closure no relevant facts requiring their inclusion in the
annual accounts have taken place.
ADDRESSES
Current Legal Seat Address:
CALLE POTOSI, 14
08030 BARCELONA
Characteristics of the current address
Type of establishment: store
Local Situation: secondary
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
|
|
|
|
|
|
Distribution of the administration board |
|
|
Governing body : 11 members (latest change:
24/11/2006) Other Positions : 3 (latest change: 14/03/2007) Auditor : 1 (latest change: 14/01/2011) Operative Board Members : 4 (latest change: 13/01/2012) Non-current positions : 4 (latest change: 24/11/2006) |
|
|
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
PRESIDENT |
SALA CARULLA, JUAN |
24/11/2006 |
|
VICE-PRESIDENT |
CARULLA ESTEVE, MARIA VICTORIA |
24/11/2006 |
|
VICE-PRESIDENT |
SALA TUSQUETS, JUAN RAMON |
24/11/2006 |
|
MANAGING DIRECTOR |
CORTES SALES, CLIMENT |
24/11/2006 |
|
MEMBER OF THE BOARD |
ALEGRE DE MIQUEL, JORGE |
24/11/2006 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
C B C AUDITORES SL |
14/01/2011 |
Board members remuneration
Source: Annual
financial report 2011
Board
members remuneration: 150.000,00
|
POSITION |
NAME AND SURNAME |
|
Manager |
CORTES SALES, CLEMENTE |
|
Financial Manager |
AGUILERA ANDRES, ALEJANDRO |
|
Exports Director |
CORTES SALES, CLEMENTE |
|
Imports Director |
CORTES SALES, CLEMENTE |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ANETO SA |
A08059297 |
10,00 |
OWN SOURCES |
03/01/2013 |
|
|
SALA CARULLA JUAN |
|
Indef. |
OWN SOURCES |
09/01/2013 |
|
|
CARULLA ESTEVE MARIA VICTORIA |
|
Indef. |
OWN SOURCES |
09/01/2013 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
CORTES SALES CLEMENTE |
|
Indef. |
OWN SOURCES |
21/01/2009 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ANETO SA |
A08059297 |
10,00 |
OWN SOURCES |
03/01/2013 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
AXA AURORA VIDA SOCIEDAD ANONIMA DE SEGUROS Y REASEGUROS |
A48464606 |
Indef. |
MERCANTILE REGISTER |
31/12/2010 |
|
|
UAP IBERICA COMPANIA DE SEGUROS GENERALES Y REASEGUROS SA (EXTINGUIDA) |
A28008738 |
Indef. |
B.O.R.M.E. |
12/02/1999 |
Company
with rating inferior to 7
POTENTIAL LINKS
Search for Link by Administrator
Search Criterion: JUAN SALA CARULLA
|
COMPANY |
POSITION |
PROVINCE |
|
MITOXA PROJECT SL |
Administrador Ϊnico |
BARCELONA |
|
TABER SA |
Administrador Solidario |
BARCELONA |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: ANETO SA
URL: www.aneto-sa.com
Aneto, S.A. - Barcelona ANETO, S.A. · Potosν, 14 · 08030 Barcelona ·
Tel. + 34 93 345 49 00 · Fax + 34 93 311 01 08.
BUSINESS INFORMATION
Incorporation date: 30/11/1945
Establishment date: 01/01/1945
Code: 1619400
Activity: Wholesale of paper
products & cardboard
NACE 2009 CODE: 4676
NACE 2009 Activity: Wholesale of other intermediate products
Business: Purchase and sale of paper, paperboard, HANDLED WELL AS cordage
and paper products
Activity description: Sale and distribution of semi-finished paper and paperboard packaging industry.
Latest employees figure: 15 (2013)
% of fixed employees: 100,00%
% of men: 76,92%
% of women: 23,08%
Employees evolution
|
|
|
|
Source: Annual financial report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Members of the board |
|
1 |
|
|
Senior management |
1 |
|
|
|
Other managers |
2 |
2 |
|
|
Administrative employees |
3 |
|
3 |
|
Sales representatives and similar |
3 |
3 |
|
|
Other qualified employees |
4 |
4 |
|
PURCHASES
Import Percentage: 64%
Imports from: UE Y OTROS PAΝSES
National Distribution: 36%
SALES
Export Percentage: 10%
Exports to: UE Y OTROS PAΝSES
National Distribution: 90%
El 100% de su cifra de negocio corresponde a
ingresos por el comercio al mayor de papel y cartσn.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO DE SABADELL, S.A. |
|
|
BARCELONA |
|
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
|
|
BARCELONA |
|
|
BANCO SANTANDER, S.A. |
|
|
BARCELONA |
|
|
BANKINTER, S.A. |
|
|
BARCELONA |
|
|
CATALUNYA BANC, S.A. |
|
|
BARCELONA |
|
Discount facilities: 1
Credit policy: 0
Mortgage loan: 0
Loans with no real security: 0
|
|
|
|
Debt type: Discount
facilities |
Granted limit:1.030.000,00 Used limit:54.399,04 Available limit:975.600,96
Source: Filed
Accounts (2011) |
|
|
|
Brand name: ANETO.SDAD.ANONIMA (Valid)
Type: JOINT Scope: NATIONAL Date: 01/01/2007
Brand name: ANETO S.A. DESDE 1945 (Valid)
Type: JOINT Scope: NATIONAL Date: 23/10/2002
Brand name: ANETO, S.A. (Valid)
Type: JOINT Scope: NATIONAL Date: 01/12/1999
LEGAL STRUCTURE
Constitution Data
Register Date: 30/11/1945
Legal form: Joint-stock Company
Share capital: 661.100,00
Paid-up capital: 661.100,00
Obligation to fill in Financial Statements: YES
Chamber census: YES (2011)
B.O.R.M.E. (OFFICIAL GAZETTE OF THE MERCANTILE REGISTER)
Acts on activity: 0
Acts on administrators: 23 (Last: 08/11/2012, first: 18/04/1991)
Acts on capital: 2 (Last: 13/10/1999, first:
07/06/1994)
Acts on creation: 0
Acts on filed accounts: 22 (Last: 16/12/2011, first:
17/12/1990)
Acts on identification: 0
Acts on Information: 4 (Last: 22/12/2006, first:
07/06/1994)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Appointments |
08/11/2012 |
458411 |
Barcelona |
|
Appointments |
24/01/2012 |
31894 |
Barcelona |
|
Annual Filed Accounts (2010) |
16/12/2011 |
984199 |
Barcelona |
|
Annual Filed Accounts (2009) |
20/01/2011 |
35425 |
Barcelona |
|
Appointments |
14/01/2011 |
14022 |
Barcelona |
|
Appointments |
30/06/2010 |
259419 |
Barcelona |
|
Annual Filed Accounts (2008) |
22/12/2009 |
1039274 |
Barcelona |
|
Appointments |
22/04/2009 |
189598 |
Barcelona |
|
Annual Filed Accounts (2007) |
29/10/2008 |
980441 |
Barcelona |
|
Appointments |
30/01/2008 |
48676 |
Barcelona |
Press articles
No press articles registered for this company
Complementary Information
Financial Information
The stock closed at
31/12/2009 (Tank 2009) is available, but there
is data in the new financial
statements presented incorrectly.
FINANCIAL INFORMATION
The information on the last Individual Filed Accounts contained in this report
is extracted from the Mercantile Register file of the legal address of the
Company and dated 09/11/2012.
SITUATION BALANCE-SHEET
Assets
Figures given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
2.268.534,66 |
31,46 |
2.296.671,28 |
32,01 |
2.213.809,30 |
32,22 |
|
I. Intangible assets |
1.744,69 |
0,02 |
3.813,23 |
0,05 |
3.194,41 |
0,05 |
|
3. Patents, licences , trademarks and similars |
619,69 |
0,01 |
1.063,21 |
0,01 |
1.152,73 |
0,02 |
|
5. Software |
1.125,00 |
0,02 |
2.750,02 |
0,04 |
2.041,68 |
0,03 |
|
II. Tangible fixed assets |
52.833,34 |
0,73 |
67.831,17 |
0,95 |
64.517,76 |
0,94 |
|
2. Technical fittings and other tangible assets |
52.833,34 |
0,73 |
67.831,17 |
0,95 |
64.517,76 |
0,94 |
|
III. Real-estate investments |
1.987.853,97 |
27,57 |
1.998.924,22 |
27,86 |
2.009.994,47 |
29,25 |
|
1. Lands |
1.788.589,39 |
24,81 |
1.788.589,39 |
24,93 |
1.788.589,39 |
26,03 |
|
2. Buildings |
199.264,58 |
2,76 |
210.334,83 |
2,93 |
221.405,08 |
3,22 |
|
IV. Long term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Long Term Financial Investments |
226.102,66 |
3,14 |
226.102,66 |
3,15 |
136.102,66 |
1,98 |
|
2. Credits to third parties |
90.000,00 |
1,25 |
90.000,00 |
1,25 |
|
|
|
5. Other financial assets |
136.102,66 |
1,89 |
136.102,66 |
1,90 |
136.102,66 |
1,98 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
4.941.801,79 |
68,54 |
4.877.769,26 |
67,99 |
4.657.360,73 |
67,78 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
1.090.228,25 |
15,12 |
710.571,09 |
9,90 |
626.846,94 |
9,12 |
|
1. Goods available for sale |
1.090.228,25 |
15,12 |
710.571,09 |
9,90 |
626.846,94 |
9,12 |
|
III. Trade Debtors and other receivable accounts |
1.990.566,63 |
27,61 |
2.639.129,23 |
36,79 |
2.191.909,41 |
31,90 |
|
1. Clients |
1.990.566,63 |
27,61 |
2.639.129,23 |
36,79 |
2.191.909,41 |
31,90 |
|
b) Clients for sales and short term services
rendering |
1.990.566,63 |
27,61 |
2.639.129,23 |
36,79 |
2.191.909,41 |
31,90 |
|
IV. Short term investments in associated and affiliated companies |
|
|
|
|
|
|
|
V. Short term financial investments |
1.159.113,17 |
16,08 |
1.046.830,28 |
14,59 |
1.508.016,32 |
21,95 |
|
5. Other financial assets |
1.159.113,17 |
16,08 |
1.046.830,28 |
14,59 |
1.508.016,32 |
21,95 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
701.893,74 |
9,73 |
481.238,66 |
6,71 |
330.588,06 |
4,81 |
|
1. Treasury |
701.893,74 |
9,73 |
481.238,66 |
6,71 |
330.588,06 |
4,81 |
|
TOTAL ASSETS (A + B) |
7.210.336,45 |
100,00 |
7.174.440,54 |
100,00 |
6.871.170,03 |
100,00 |
Net Worth and
Liabilities
Figures given in
|
|
31/12/2011 (12) |
% ASSETS |
31/12/2010 (12) |
% ASSETS |
31/12/2009 (12) |
% ASSETS |
|
A) NET WORTH |
6.765.562,93 |
93,83 |
6.669.060,81 |
92,96 |
6.455.358,26 |
93,95 |
|
A-1) Equity |
6.765.562,93 |
93,83 |
6.669.060,81 |
92,96 |
6.455.358,26 |
93,95 |
|
I. Capital |
661.100,00 |
9,17 |
661.100,00 |
9,21 |
661.100,00 |
9,62 |
|
1. Authorized capital |
661.100,00 |
9,17 |
661.100,00 |
9,21 |
661.100,00 |
9,62 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
6.698.960,81 |
92,91 |
6.485.258,26 |
90,39 |
6.369.598,84 |
92,70 |
|
1. Legal and statutory |
132.220,00 |
1,83 |
132.220,00 |
1,84 |
132.220,00 |
1,92 |
|
2. Other funds |
6.566.740,81 |
91,07 |
6.353.038,26 |
88,55 |
6.237.378,84 |
90,78 |
|
IV. (Net worth own shares and participations) |
-691.000,00 |
-9,58 |
-691.000,00 |
-9,63 |
-691.000,00 |
-10,06 |
|
V. Results from previous years |
|
|
|
|
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
96.502,12 |
1,34 |
213.702,55 |
2,98 |
115.659,42 |
1,68 |
|
VIII. (Interim dividend) |
|
|
|
|
|
|
|
IX. Other net worth instruments |
|
|
|
|
|
|
|
A-2) Value changes adjustments |
|
|
|
|
|
|
|
I. Financial assets available for sale |
|
|
|
|
|
|
|
II. Coverage operations |
|
|
|
|
|
|
|
III. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
|
|
|
IV. Conversion differences |
|
|
|
|
|
|
|
V. Other |
|
|
|
|
|
|
|
A-3) Received legacies, grants and subventions |
|
|
|
|
|
|
|
B) NON CURRENT LIABILITIES |
|
|
|
|
519,62 |
0,01 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
|
|
|
|
|
|
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
|
|
|
|
519,62 |
0,01 |
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
444.773,52 |
6,17 |
505.379,73 |
7,04 |
415.292,15 |
6,04 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
54.399,04 |
0,75 |
112.138,07 |
1,56 |
36.586,97 |
0,53 |
|
2. Debts with bank entities |
54.399,04 |
0,75 |
112.138,07 |
1,56 |
36.586,97 |
0,53 |
|
IV. Short term debts with associated and affiliated companies |
|
|
|
|
|
|
|
V. Trade creditors and other payable accounts |
390.374,48 |
5,41 |
393.241,66 |
5,48 |
378.705,18 |
5,51 |
|
1. Suppliers |
174.368,07 |
2,42 |
71.382,43 |
0,99 |
168.223,16 |
2,45 |
|
b) Short term suppliers |
174.368,07 |
2,42 |
71.382,43 |
0,99 |
168.223,16 |
2,45 |
|
3. Different creditors |
44.799,74 |
0,62 |
98.710,91 |
1,38 |
65.056,96 |
0,95 |
|
4. Staff (pending remunerations) |
42.257,43 |
0,59 |
45.737,76 |
0,64 |
42.023,08 |
0,61 |
|
5. Liabilities by current taxes |
5.411,02 |
0,08 |
13.031,97 |
0,18 |
18.643,89 |
0,27 |
|
6. Other debts with Public Administrations |
123.538,22 |
1,71 |
164.378,59 |
2,29 |
84.758,09 |
1,23 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
7.210.336,45 |
100,00 |
7.174.440,54 |
100,00 |
6.871.170,03 |
100,00 |
PROFIT AND LOSS
ACCOUNT
Figures given in
|
|
31/12/2011 (12) |
%OPERATING INCOME |
31/12/2010 (12) |
%OPERATING INCOME |
31/12/2009 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
8.280.423,59 |
100,00 |
8.215.083,29 |
99,99 |
6.627.738,49 |
99,99 |
|
A) Sales |
8.280.423,59 |
100,00 |
8.215.083,29 |
99,99 |
6.627.738,49 |
99,99 |
|
2. Variation in stocks of finished goods and work in progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-6.611.715,47 |
-79,85 |
-6.532.041,93 |
-79,50 |
-5.249.016,67 |
-79,19 |
|
a) Material consumed |
-6.544.807,08 |
-79,04 |
-6.487.955,83 |
-78,97 |
-5.247.216,08 |
-79,16 |
|
c) Works carried out for other companies |
-77.970,73 |
-0,94 |
-42.410,28 |
-0,52 |
-34.342,28 |
-0,52 |
|
d) Deterioration on merchandises, raw materials and other supplies |
11.062,34 |
0,13 |
-1.675,82 |
-0,02 |
32.541,69 |
0,49 |
|
5. Other operating income |
208,08 |
0,00 |
1.130,91 |
0,01 |
846,16 |
0,01 |
|
a) Other incomes |
208,08 |
0,00 |
1.130,91 |
0,01 |
846,16 |
0,01 |
|
6. Labour cost |
-826.977,70 |
-9,99 |
-831.692,46 |
-10,12 |
-681.571,99 |
-10,28 |
|
a) Wages and similar expenses |
-695.014,96 |
-8,39 |
-701.513,40 |
-8,54 |
-553.965,21 |
-8,36 |
|
b) Social costs |
-131.962,74 |
-1,59 |
-130.179,06 |
-1,58 |
-127.606,78 |
-1,93 |
|
7. Other operating costs |
-714.300,70 |
-8,63 |
-547.130,09 |
-6,66 |
-526.113,43 |
-7,94 |
|
a) External services |
-700.108,91 |
-8,45 |
-532.180,98 |
-6,48 |
-504.936,81 |
-7,62 |
|
b) Taxes |
-4.959,46 |
-0,06 |
-4.976,91 |
-0,06 |
-5.456,71 |
-0,08 |
|
c) Losses, deterioration and variation on business operations
provisions |
-9.232,33 |
-0,11 |
-9.972,20 |
-0,12 |
-15.719,91 |
-0,24 |
|
8. Amortization of fixed assets |
-28.136,62 |
-0,34 |
-28.292,30 |
-0,34 |
-27.579,55 |
-0,42 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
-1.884,30 |
-0,02 |
|
|
|
b) Results for disposals and others |
|
|
-1.884,30 |
-0,02 |
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
|
|
|
|
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
99.501,18 |
1,20 |
275.173,12 |
3,35 |
144.303,01 |
2,18 |
|
14. Financial income |
42.240,80 |
0,51 |
27.975,41 |
0,34 |
26.554,95 |
0,40 |
|
b) From negotiable values and other financial instruments |
42.240,80 |
0,51 |
27.975,41 |
0,34 |
26.554,95 |
0,40 |
|
b 2) From third parties |
42.240,80 |
0,51 |
27.975,41 |
0,34 |
26.554,95 |
0,40 |
|
15. Financial expenses |
-13.072,48 |
-0,16 |
-7.791,39 |
-0,09 |
-7.198,10 |
-0,11 |
|
b) For debts with third parties |
-13.072,48 |
-0,16 |
-7.791,39 |
-0,09 |
-7.198,10 |
-0,11 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
|
|
|
|
|
|
|
18. Deterioration and result for disposal of financial instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
29.168,32 |
0,35 |
20.184,02 |
0,25 |
19.356,85 |
0,29 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
128.669,50 |
1,55 |
295.357,14 |
3,59 |
163.659,86 |
2,47 |
|
20. Taxes on profits |
-32.167,38 |
-0,39 |
-81.654,59 |
-0,99 |
-48.000,44 |
-0,72 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
96.502,12 |
1,17 |
213.702,55 |
2,60 |
115.659,42 |
1,74 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
96.502,12 |
1,17 |
213.702,55 |
2,60 |
115.659,42 |
1,74 |
NET WORTH CHANGES
STATUS
Status of recognized income and expenses
Figures given in
|
NET WORTH CHANGES (1/3) |
31/12/2011 (12) |
31/12/2010 (12) |
31/12/2009 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
96.502,12 |
213.702,55 |
115.659,42 |
|
INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH |
|
|
|
|
I. For valuation of financial instruments |
|
|
|
|
II. Cash flow coverage |
|
|
|
|
III. Received legacies, grants and subventions |
|
|
|
|
IV. For actuarial profits and losses and other adjustments |
|
|
|
|
V. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
VI. Conversion differences |
|
|
|
|
VII. Tax effect |
|
|
|
|
B) TOTAL INCOME AND EXPENSES ALLOCATED DIRECTLY TO NET WORTH (I + II +
III + IV +V+VI+VII) |
|
|
|
|
PROFIT AND LOSS ACCOUNT TRANSFERS |
|
|
|
|
VIII. For valuation of financial instruments |
|
|
|
|
IX. Cash flow coverage |
|
|
|
|
X. Received legacies, grants and subventions |
|
|
|
|
XI. Non-current assets and related liabilities, maintained for sale |
|
|
|
|
XII. Conversion differences |
|
|
|
|
XIII. Tax effect |
|
|
|
|
C) TOTAL TRANSFERS TO THE PROFIT AND LOSS ACCOUNT (VIII + IX + X + XI+
XII+ XIII) |
|
|
|
|
TOTAL INCOME AND EXPENSES RECOGNIZED (A + B + C) |
96.502,12 |
213.702,55 |
115.659,42 |
Total net worth changes status
Figures given in
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
(NET WORTH OWN SHARES AND PARTICIPATIONS) |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
|
|
|
|
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2008) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
|
|
|
|
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
661.100,00 |
6.369.598,84 |
-691.000,00 |
115.659,42 |
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2009) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
661.100,00 |
6.369.598,84 |
-691.000,00 |
115.659,42 |
|
I. Total recognized income and expenses |
|
|
|
213.702,55 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
115.659,42 |
|
-115.659,42 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
661.100,00 |
6.485.258,26 |
-691.000,00 |
213.702,55 |
|
I. Adjustments by change of criteria in the exercise (2010) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2010) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
661.100,00 |
6.485.258,26 |
-691.000,00 |
213.702,55 |
|
I. Total recognized income and expenses |
|
|
|
96.502,12 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
213.702,55 |
|
-213.702,55 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
661.100,00 |
6.698.960,81 |
-691.000,00 |
96.502,12 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
|
|
||
|
I. Adjustments by change of criteria in the exercise (2008) |
|
|
||
|
II. Adjustments by errors in the exercise (2008) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2009) |
|
|
||
|
I. Total recognized income and expenses |
|
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
6.455.358,26 |
|
||
|
I. Adjustments by change of criteria in the exercise (2009) |
|
|
||
|
II. Adjustments by errors in the exercise (2009) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2010) |
6.455.358,26 |
|
||
|
I. Total recognized income and expenses |
213.702,55 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
6.669.060,81 |
|
||
|
I. Adjustments by change of criteria in the exercise (2010) |
|
|
||
|
II. Adjustments by errors in the exercise (2010) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2011) |
6.669.060,81 |
|
||
|
I. Total recognized income and expenses |
96.502,12 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
6.765.562,93 |
|
||
CASH FLOW STATUS
Figures given in
|
|
31/12/2011 (12) |
31/12/2010 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
|
1. exercise result before taxes |
128.669,50 |
295.357,14 |
|
2. Results adjustments |
8.200,63 |
21.640,60 |
|
a) Amortization of fixed assets (+) |
28.136,62 |
28.292,30 |
|
b) Value correction for deterioration (+/-) |
9.232,33 |
11.648,02 |
|
e) Results for decline and disposal of fixed assets (+/-) |
|
1.884,30 |
|
g) Financial income (-) |
-42.240,80 |
-27.975,41 |
|
f) Financial expenses (+) |
13.072,48 |
7.791,39 |
|
3. Changes in current capital |
164.817,71 |
-620.675,00 |
|
a) Stocks (+/-) |
-368.594,82 |
-85.399,97 |
|
b) Debtors and other receivable accounts (+/-) |
648.562,60 |
-515.126,63 |
|
c) Other current assets (+/-) |
-112.282,89 |
|
|
d) Creditors and other payable accounts (+/-) |
-2.867,18 |
-20.148,40 |
|
4. Other cash flow coming from operating activities |
-10.620,01 |
-67.602,71 |
|
a) Interests payments (-) |
-13.072,48 |
-7.791,39 |
|
c) Interests collections (+) |
42.240,80 |
27.975,41 |
|
d) Collections (payments) for profit tax (+/-) |
-39.788,33 |
-87.786,73 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
291.067,83 |
-371.279,97 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
|
6. Investment payments (-) |
|
-103.674,00 |
|
b) Intangible assets |
|
-2.604,00 |
|
c) Tangible assets |
|
-11.070,00 |
|
h) Other assets |
|
-90.000,00 |
|
7. Disinvestment collections (+) |
|
550.053,47 |
|
e) Other financial assets |
|
550.053,47 |
|
8. Cash Flow in investment activities (6 + 7) |
|
446.379,47 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
|
9. Net worth instruments collections and payments |
|
|
|
10. Financial liabilities instruments collections and payments |
-70.412,75 |
75.551,10 |
|
a) Issue |
|
75.551,10 |
|
2. Debts with bank entities (+) |
|
75.551,10 |
|
b) Return and amortization of |
-70.412,75 |
|
|
2. Debts with bank entities (-) |
-70.412,75 |
|
|
11. Payments for dividends and remunerations of other net worth
instruments |
|
|
|
12. Cash Flow in financing activities (9 + 10 + 11) |
-70.412,75 |
75.551,10 |
|
D) Exchange rate variations effect |
|
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
220.655,08 |
150.650,60 |
|
Cash or equivalents at the beginning of the exercise |
481.238,66 |
330.588,06 |
|
Cash or equivalents at the end of the exercise |
701.893,74 |
481.238,66 |
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
4.497.028,27 |
2,85 |
4.372.389,53 |
3,07 |
4.242.068,58 |
|
Working capital ratio |
0,62 |
1,64 |
0,61 |
-1,61 |
0,62 |
|
Soundness Ratio |
2,98 |
2,76 |
2,90 |
-0,68 |
2,92 |
|
Average Collection Period (days) |
86 |
-25,23 |
116 |
-3,02 |
119 |
|
Average Payment Period (days) |
19 |
-5,36 |
20 |
-15,15 |
24 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
1.111,08 |
15,12 |
965,17 |
-13,94 |
1.121,47 |
|
Quick Ratio (%) |
418,42 |
38,38 |
302,36 |
-31,71 |
442,73 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
0,75 |
-51,92 |
1,56 |
194,34 |
0,53 |
|
External Financing Average Cost |
0,24 |
242,86 |
0,07 |
-65,00 |
0,20 |
|
Debt Service Coverage |
0,19 |
163,33 |
-0,30 |
-215,38 |
0,26 |
|
Interest Coverage |
7,61 |
-78,45 |
35,32 |
76,16 |
20,05 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
3,52 |
177,88 |
-4,52 |
-309,26 |
2,16 |
|
Auto financing generated by Assets (%) |
4,04 |
178,14 |
-5,18 |
-347,37 |
2,08 |
|
Breakdown Point |
1,01 |
-1,94 |
1,04 |
0,98 |
1,02 |
|
Average Sales Volume per Employee |
636.955,66 |
0,80 |
631.929,48 |
23,95 |
509.826,04 |
|
Average Cost per Employee |
63.613,67 |
-0,57 |
63.976,34 |
22,03 |
52.428,61 |
|
Assets Turnover |
1,15 |
0,00 |
1,14 |
18,56 |
0,96 |
|
Inventory Turnover (days) |
59 |
51,38 |
39 |
-8,40 |
43 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
1,38 |
-64,06 |
3,84 |
82,86 |
2,10 |
|
Operating Profitability (%) |
1,77 |
-57,86 |
4,20 |
68,00 |
2,50 |
|
Return on Equity (ROE) (%) |
1,90 |
-57,11 |
4,43 |
74,41 |
2,54 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures expressed in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on the total
assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
31,46 |
25,52 |
5,95 |
|
A) CURRENT ASSETS |
68,54 |
74,48 |
-5,95 |
|
LIABILITIES |
|||
|
A) NET WORTH |
93,83 |
45,58 |
48,25 |
|
B) NON CURRENT LIABILITIES |
|
7,86 |
|
|
C) CURRENT LIABILITIES |
6,17 |
46,56 |
-40,39 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
100,00 |
99,26 |
0,74 |
|
Other operating income |
0,00 |
0,74 |
-0,74 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-79,85 |
-74,98 |
-4,87 |
|
Variation in stocks of finished goods and work in progress |
|
-0,31 |
|
|
GROSS MARGIN |
20,15 |
24,70 |
-4,56 |
|
Other operating costs |
-8,63 |
-10,53 |
1,90 |
|
Labour cost |
-9,99 |
-10,37 |
0,38 |
|
GROSS OPERATING RESULT |
1,54 |
3,81 |
-2,27 |
|
Amortization of fixed assets |
-0,34 |
-1,29 |
0,95 |
|
Deterioration and result for fixed assets disposal |
|
-0,11 |
|
|
Other expenses / income |
|
0,08 |
|
|
NET OPERATING RESULT |
1,20 |
2,50 |
-1,30 |
|
Financial result |
0,35 |
-0,33 |
0,68 |
|
RESULT BEFORE TAX |
1,55 |
2,17 |
-0,62 |
|
Taxes on profits |
-0,39 |
-0,57 |
0,18 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
1,17 |
1,60 |
-0,43 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
1,17 |
1,60 |
-0,43 |
|
Amortization of fixed assets |
-0,34 |
-1,29 |
0,95 |
|
Deterioration and provisions variation |
-0,32 |
-0,63 |
0,31 |
|
|
1,82 |
3,51 |
-1,69 |
Main Ratios
Figures given in
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
4.497.028,27 |
558.923,87 |
1.256.863,97 |
3.038.856,13 |
|
Working capital ratio |
0,62 |
0,11 |
0,29 |
0,44 |
|
Soundness Ratio |
2,98 |
1,03 |
1,70 |
3,70 |
|
Average Collection Period (days) |
86 |
57 |
109 |
126 |
|
Average Payment Period (days) |
19 |
64 |
92 |
124 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
1.111,08 |
120,60 |
152,08 |
207,18 |
|
Quick Ratio (%) |
418,42 |
3,36 |
8,91 |
21,77 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
0,75 |
7,05 |
19,33 |
34,42 |
|
External Financing Average Cost |
0,24 |
0,03 |
0,05 |
0,07 |
|
Debt Service Coverage |
0,19 |
0,47 |
2,94 |
13,97 |
|
Interest Coverage |
7,61 |
1,19 |
2,79 |
10,07 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
3,52 |
1,26 |
2,09 |
5,96 |
|
Auto financing generated by Assets (%) |
4,04 |
1,91 |
3,78 |
7,44 |
|
Breakdown Point |
1,01 |
1,01 |
1,02 |
1,05 |
|
Average Sales Volume per Employee |
636.955,66 |
257.503,64 |
413.428,02 |
476.531,29 |
|
Average Cost per Employee |
63.613,67 |
31.504,23 |
36.797,29 |
46.471,65 |
|
Assets Turnover |
1,15 |
1,15 |
1,47 |
2,15 |
|
Inventory Turnover (days) |
59 |
37 |
64 |
113 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
1,38 |
2,24 |
4,00 |
8,08 |
|
Operating Profitability (%) |
1,77 |
3,32 |
5,28 |
10,04 |
|
Return on Equity (ROE) (%) |
1,90 |
2,96 |
9,19 |
15,54 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.63 |
|
|
1 |
Rs.87.50 |
|
Euro |
1 |
Rs.71.32 |
INFORMATION DETAILS
|
Report
Prepared by : |
PRL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.