MIRA INFORM REPORT

Report Date :

22.06.2013

IDENTIFICATION DETAILS

Name :	CLICK
Registered Office :	106 Bd De Sebastopol, 75003 Paris 3
Country :	France
Financials (as on) :	31.12.2009
Date of Incorporation :	June 1981
Com. Reg. No.:	RCS Paris B 323 234 385
Legal Form :	Limited Liability Company
Line of Business :	Manufacturer of outerwear
No. of Employees :	10 to 19 employees

RATING & COMMENTS

MIRA’s Rating :

B

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

Status :	Moderate
Payment Behaviour :	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 – March 31^st 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
France	A2	A2

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

france ECONOMIC OVERVIEW

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

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

Name

CLICK

SIRET

323 234 385 00066

company summary

		EUR VAT Number	FR84323234385
Activity (APE)	Fabrication de vêtements de dessus (1413Z) (Manufacture of outerwear (1413Z))	Legal form	Limited Liability Company
Phone	01 42 74 53 69	RCS Registration	RCS Paris B 323 234 385
Fax
Address	CLICK ORNA FAHRO 106 BD DE SEBASTOPOL 75003 PARIS 3	Incorporated Date	12/1981
Nationality	France	Status	Economically active

DIRECTORS/MANAGEMENT

Current Directors

1

Directors

Name	M. ARBIB ISAAC
Manager position	Manager	Date of birth
Place of birth
Type	Individual	Name at birth

Previous Directors

No data about previous directors is available for this company

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

SHARE & SHARE CAPITAL INFORMATION

Share capital

260,000 Euros

FINANCIAL INFORMATION

Trading to Date	12/31/2009	12/31/2008	12/31/2007
Turnover	3,357,632 €	2,685,043 €	2,296,107 €
Gross Operating Surplus	5,80 % Turnover	-1,66 % Turnover	5,14 % Turnover
Shareholders’ equity	1,539,311 €	1,287,188 €	1,330,479 €
Net result	348,123 €	52,710 €	13,359 €

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2009	31/12/2008	31/12/2007
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	15/10/2010	27/03/2010	27/03/2010
Activity Code	1413Z	1413Z	1413Z
Employees	0	0	0

Active account

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	1 318 726	-2,0%	1 345 574	-4,9%	1 414 384	25 173	5138,7%
- Intangible assets	801 158	0,1%	800 146	0,0%	800 506	1 127,50	70956,1%
- Tangible assets	98 027	-24,7%	130 172	-25,9%	175 762	5 496	1683,6%
- Financial assets	419 541	1,0%	415 256	-5,2%	438 116	3 018,50	13799,0%
Net current assets	1 428 258	24,1%	1 151 284	12,4%	1 024 277	119 664	1093,6%
- Stocks	269 023	-21,5%	342 514	45,7%	235 007	20 588,50	1206,7%
- Advanced payments	0	24,1%	0	0%	0	0	0%
- Receivables	1 144 193	42,0%	805 819	2,8%	783 828	38 250	2891,4%
- Securities and cash	15 042	409,7%	2 951	-45,8%	5 442	15 700,50	-4,2%
- Prepaid expenses	-	-	-	-	-	0	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	2 746 985	10,0%	2 496 859	2,4%	2 438 660	173 604	1482,3%

Passive Account

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Shareholders' equity	1 539 311	19,6%	1 287 188	-3,3%	1 330 479	34 415	4372,8%
Share capital	260 000	0%	260 000	0%	260 000	8 000	3150,0%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	0	0%	0	0	0%
Liabilities	1 207 673	-0,2%	1 209 670	9,2%	1 108 180	111 870,50	979,5%
- Financial liabilities	442 212	-40,1%	738 620	7,6%	686 655	9 473	4568,1%
- Advanced payments received	4 627	-2,8%	4 759	8,1%	4 404	0	0%
- Trade account payables	507 412	27,7%	397 490	11,2%	357 337	21 806,50	2226,9%
- Tax and social liabilities	251 611	275,6%	66 990	15,6%	57 974	41 664,50	503,9%
- Other debts and fixed assets liabilities	1 810	0%	1 810	0%	1 810	5 630	-67,9%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	2 746 984	10,0%	2 496 859	2,4%	2 438 660	173 604,50	1482,3%

Results

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Sales of Goods	3 326 428	23,8%	2 687 463	18,4%	2 270 357	256 961,50	1194,5%
Net turnover	3 357 632	25,0%	2 685 043	16,9%	2 296 107	249 190,50	1247,4%
- of which net export turnover	0	0%	1 148 699	11,5%	1 030 338	0	0%
Operating charges	3 162 717	7,2%	2 950 210	32,4%	2 228 184	275 915,50	1046,3%
Operating profit/loss	163 711	162,3%	-262 747	-723,0%	42 173	877	18567,2%
Financial income	19 077	-95,3%	406 830	3748,9%	10 570	08	238362,5%
Financial charges	34 428	-54,9%	76 264	162,1%	29 102	535	6335,1%
Financial profit/loss	-15 351	-104,6%	330 566	1883,8%	-18 532	-88	-17344,3%
Pretax net operating income	148 360	118,8%	67 819	186,9%	23 641	668,50	22093,0%
Extraordinary income	50 230	703,6%	6 251	0%	0	0,50	10045900%
Extraordinary charges	2 070	-37,0%	3 288	-6,0%	3 498	185,50	1015,9%
Extraordinary profit/loss	48 160	1525,4%	2 963	184,7%	-3 498	0	0%
Net result	348 123	560,4%	52 710	294,6%	13 359	2 022	17116,8%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2009	31/12/2008	31/12/2007
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

		31/12/2009		31/12/2008		31/12/2007
Grand Total (I to VI)	Net	2 746 985	10,0%	2 496 859	2,4%	2 438 660
Gross	CO	3 719 239	8,2%	3 437 981	3,7%	3 316 452
Amortisation	1A	972 254	3,3%	941 122	7,2%	877 792

Non declared distributed capital (I)

		31/12/2009		31/12/2008		31/12/2007
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

		31/12/2009		31/12/2008		31/12/2007
Total Active fixed asset (II)	Net	1 318 726	-2,0%	1 345 574	-4,9%	1 414 384
Gross	BJ	2 290 981	0,2%	2 286 696	-0,2%	2 292 176
Amortisation	BK	972 255	3,3%	941 122	7,2%	877 792

Intangible fixed assets

			31/12/2009		31/12/2008		31/12/2007
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	1 524	197,7%	512	-41,3%	872
	Gross	AF	20 166	0%	20 166	0%	20 166
	Amortisation	AG	18 642	-5,1%	19 654	1,9%	19 294
	Goodwill	Net	799 634	0%	799 634	0%	799 634
	Gross	AH	799 634	0%	799 634	0%	799 634
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	0	0%	0	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	801 158	0,1%	800 146	0,0%	800 506

Tangible fixed assets

		31/12/2009		31/12/2008		31/12/2007
Lands	Net	0	0%	0	0%	0
Gross	AN	0	0%	0	0%	0
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	0	0%	0	0%	0
Gross	AP	0	0%	0	0%	0
Amortisation	AQ	0	0%	0	0%	0
Plant	Net	14 284	-39,1%	23 441	-33,1%	35 064
Gross	AR	160 552	0%	160 552	0%	160 552
Amortisation	AS	146 268	6,7%	137 111	9,3%	125 488
Other tangible fixed assets	Net	83 743	-21,5%	106 731	-24,1%	140 698
Gross	AT	891 088	0%	891 088	2,0%	873 708
Amortisation	AU	807 345	2,9%	784 357	7,0%	733 010
Fixed assets in construction	Net	0	0%	0	0%	0
Gross	AV	0	0%	0	0%	0
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	98 027		130 172		175 762

Financial assets

		31/12/2009		31/12/2008		31/12/2007
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	248 949	0%	248 949	0%	248 949
Gross	CU	248 949	0%	248 949	0%	248 949
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	100 083	0%	100 083	0%	100 083
Gross	BB	100 083	0%	100 083	0%	100 083
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	70 509	6,5%	66 224	-25,7%	89 084
Gross	BH	70 509	6,5%	66 224	-25,7%	89 084
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		419 541		415 256		438 116

Current Assets (III)

		31/12/2009		31/12/2008		31/12/2007
Total Assets	Net	1 428 258	24,1%	1 151 284	12,4%	1 024 277
Gross	CJ	1 428 258	24,1%	1 151 284	12,4%	1 024 277
Amortisation	CK	0	0%	0	0%	0

Stocks

		31/12/2009		31/12/2008		31/12/2007
Raw materials	Net	144 977	-22,6%	187 264	127,9%	82 177
Gross	BL	144 977	-22,6%	187 264	127,9%	82 177
Amortisation	BM	0	0%	0	0%	0
Work in progress (goods)	Net	0	0%	0	0%	0
Gross	BN	0	0%	0	0%	0
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	124 046	-20,1%	155 250	1,6%	152 830
Gross	BR	124 046	-20,1%	155 250	1,6%	152 830
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	0	0%	0	0%	0
Gross	BT	0	0%	0	0%	0
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	269 023	-21,5%	342 514	45,7%	235 007

Advance payments to suppliers

		31/12/2009		31/12/2008		31/12/2007
Advance payments to suppliers	Net	0	0%	0	0%	0
Gross	BV	0	0%	0	0%	0
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2009		31/12/2008		31/12/2007
Trade accounts receivable	Net	271 422	52,2%	178 384	-42,2%	308 686
Gross	BX	271 422	52,2%	178 384	-42,2%	308 686
Amortisation	BY	0	0%	0	0%	0
Other debtors	Net	847 747	42,8%	593 540	53,0%	387 897
Gross	BZ	847 747	42,8%	593 540	53,0%	387 897
Amortisation	CA	0	0%	0	0%	0
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total Debtors	Net	1 119 169	45,0%	771 924	10,8%	696 583

Divers

		31/12/2009		31/12/2008		31/12/2007
Investment securities	Net	0	0%	0	0%	0
Gross	CD	0	0%	0	0%	0
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	15 042	409,7%	2 951	-45,8%	5 442
Gross	CF	15 042	409,7%	2 951	-45,8%	5 442
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	15 042	409,7%	2 951	-45,8%	5 442

Prepaid expenses

		31/12/2009		31/12/2008		31/12/2007
Prepaid expenses	Net	25 024	-26,2%	33 895	-61,1%	87 245
Gross	CH	25 024	-26,2%	33 895	-61,1%	87 245
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

31/12/2009

31/12/2008

31/12/2007

Multi-period charges

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

References

		31/12/2009		31/12/2008		31/12/2007
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	1 872	0%	0	0%	146 747

Display parameter
Currency	Euro	Kilo Euro

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

Grand Total - Passive Accounts (I to IV)

		31/12/2009		31/12/2008		31/12/2007
Grand Total (I to V)	EE	2 746 984	10,0%	2 496 859	2,4%	2 438 660

Shareholder Equity (I)

		31/12/2009		31/12/2008		31/12/2007
Total shareholders' equity (Total I)	DL	1 539 311	19,6%	1 287 188	-3,3%	1 330 479
Equity and shareholders' equity	DA	260 000	0%	260 000	0%	260 000
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	26 000	0%	26 000	0%	26 000
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	0	0%	0	0%	0
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	0	0%	0	0%	0
Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
Profits or losses brought forward	DH	905 188	-4,6%	948 478	-8,0%	1 031 120
Profit or loss for the period	DI	348 123	560,4%	52 710	294,6%	13 359
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

		31/12/2009		31/12/2008		31/12/2007
Total other capital resources (Total II)	DO	0	0%	0	0%	0
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

		31/12/2009		31/12/2008		31/12/2007
Total provisions for risks and charges (Total III)	DR	0	0%	0	0%	0
Risk provisions	DP	0	0%	0	0%	0
Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

		31/12/2009		31/12/2008		31/12/2007
Total Liabilities (Total IV)	EC	1 207 673	-0,2%	1 209 670	9,2%	1 108 180
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	228 632	-40,8%	385 938	43,2%	269 573
Sundry loans and financial liabilities	DV	213 580	-39,4%	352 682	-15,4%	417 082
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	4 627	-2,8%	4 759	8,1%	4 404
Trade accounts payables	DX	507 412	27,7%	397 490	11,2%	357 337
Tax and social security liabilities	DY	251 611	275,6%	66 990	15,6%	57 974
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	1 810	0%	1 810	0%	1 810

Translation loss (V)

		31/12/2009		31/12/2008		31/12/2007
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/12/2009		31/12/2008		31/12/2007
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2009		31/12/2008		31/12/2007
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	917 131	42,6%	643 230	-2,3%	658 461
Of which current bank facilities	EH	0	0%	175 437	867,6%	18 131

Display parameter
Currency	Euro	Kilo Euro

Result account
Sales of Goods | Operating charges | Operating charges | Financial income | Financial charges | Financial charges | Extraordinary charges | Employee profit sharing | Tax on profits | References

1- Operating result (I-II)

		31/12/2009		31/12/2008		31/12/2007
Operating result (Total I-II)	GG	163 711	162,3%	-262 747	-723,0%	42 173

2 - Financial result (V - VI)

		31/12/2009		31/12/2008		31/12/2007
Financial result (Total V-VI)	GV	-15 351	-104,6%	330 566	1883,8%	-18 532

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

		31/12/2009		31/12/2008		31/12/2007
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	148 360	118,8%	67 819	186,9%	23 641

4 - Extraordinary result (VII-VIII)

		31/12/2009		31/12/2008		31/12/2007
Extraordinary result (Total VII-VIII)	HI	48 160	1525,4%	2 963	184,7%	-3 498

Profit or loss

		31/12/2009		31/12/2008		31/12/2007
Profit or loss	HN	348 123	560,4%	52 710	294,6%	13 359

Total Income (I+III+V+VII)

		31/12/2009		31/12/2008		31/12/2007
Total Income (I+III+V+VII)	HL	3 395 735	9,5%	3 100 544	35,9%	2 280 927

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

		31/12/2009		31/12/2008		31/12/2007
Total charges (Total II+IV+VI+VIII+IX+X)	HM	3 047 613	0,0%	3 047 833	34,4%	2 267 568

Operating income (I)

		31/12/2009		31/12/2008		31/12/2007
Total operating income (Total I)	FR	3 326 428	23,8%	2 687 463	18,4%	2 270 357

Operating income (details)

		31/12/2009		31/12/2008		31/12/2007
Sale of goods for resale	FC	460 661	-3,4%	477 090	15,1%	414 508
France	FA	460 661	-3,4%	477 090	15,1%	414 508
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	2 806 771	27,6%	2 199 328	17,8%	1 866 955
France	FD	2 806 771	167,2%	1 050 629	25,6%	836 617
Export	FE	0	0%	1 148 699	11,5%	1 030 338
Sale of services	FI	90 200	945,8%	8 625	-41,1%	14 644
France	FG	90 200	945,8%	8 625	-41,1%	14 644
Export	FH	0	0%	0	0%	0
Net turnover	FL	3 357 632	25,0%	2 685 043	16,9%	2 296 107
France	FJ	3 357 632	118,5%	1 536 344	21,4%	1 265 769
Export	FK	0	0%	1 148 699	11,5%	1 030 338
Stocked production	FM	-31 204	-1389,4%	2 420	109,4%	-25 750
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	0	0%	0	0%	0
Release of reserves and provisions	FP	0	0%	0	0%	0
Other income	FQ	0	0%	0	0%	0

Operating charges (II)

		31/12/2009		31/12/2008		31/12/2007
Total operating charges (Total II)	GF	3 162 717	7,2%	2 950 210	32,4%	2 228 184

Exploitation charges

		31/12/2009		31/12/2008		31/12/2007
Purchase of goods for resale	FS	181 595	6,2%	170 921	48,0%	115 482
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	1 064 083	2,4%	1 038 729	61,4%	643 600
Change in stocks of raw materials	FV	42 287	140,2%	-105 088	-241,1%	-30 807
Other external purchases and charges	FW	1 300 549	15,0%	1 130 794	23,3%	916 948
Tax, duty and similar payments	FX	100 629	3,0%	97 727	13,9%	85 784
Payroll	FY	348 156	16,9%	297 873	-3,0%	307 090
Social security costs	FZ	94 285	-6,8%	101 193	-11,5%	114 305

Depreciation

		31/12/2009		31/12/2008		31/12/2007
Depreciation of fixed assets	GA	31 133	-54,6%	68 560	-9,5%	75 782
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2009		31/12/2008		31/12/2007
Other charges	GE	0	0%	149 501	0%	0

Operating charges (III-IV)

		31/12/2009		31/12/2008		31/12/2007
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

		31/12/2009		31/12/2008		31/12/2007
Total financial income (Total V)	GP	19 077	-95,3%	406 830	3748,9%	10 570
Share financial income	GJ	0	0%	307 970	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	4 848	-94,5%	87 562	1983,3%	4 203
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	14 229	25,9%	11 298	77,4%	6 367
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		31/12/2009		31/12/2008		31/12/2007
Total financial charge (Total VI)	GU	34 428	-54,9%	76 264	162,1%	29 102
Financial reserves and provisions	GQ	0	0%	0	0%	0
Interest and similar charges	GR	24 444	-26,5%	33 272	17,2%	28 396
Exchange losses	GS	9 984	-76,8%	42 992	5989,5%	706
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/12/2009		31/12/2008		31/12/2007
Total extraordinary income (Total VII)	HD	50 230	703,6%	6 251	0%	0
Extraordinary operating income	HA	50 230	704,5%	6 244	0%	0
Extraordinary income from capital transactions	HB	0	0%	07	0%	0
Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

		31/12/2009		31/12/2008		31/12/2007
Total extraordinary charges (Total VIII)	HH	2 070	-37,0%	3 288	-6,0%	3 498
Extraordinary operating charges	HE	2 070	65,9%	1 248	-64,3%	3 498
Extraordinary charges from capital transactions	HF	0	0%	2 040	0%	0
Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

		31/12/2009		31/12/2008		31/12/2007
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/12/2009		31/12/2008		31/12/2007
Tax on profits (Total X)	HK	-151 602	-938,9%	18 071	166,4%	6 784

References

		31/12/2009		31/12/2008		31/12/2007
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	0	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter

Currency

Euro

Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	OG	0	0%	0	0%	0
Increases due to revaluation	OH	0	0%	0	0%	0
Decreases, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreases by budget item transfer	OK1	0	0%	0	0%	0
Decreases by transfers	OK2	0	0%	0	0%	0
Gross value at the end of period	OL	0	0%	0	0%	0

Research and development Charge (Total I)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	CZ	0	0%	0	0%	0
Increases due to revaluation	KB	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreases by budget item transfer	C01	0	0%	0	0%	0
Decreases by transfers	C02	0	0%	0	0%	0
Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	KD	0	0%	0	0%	0
Increases due to revaluation	KE	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	KF	0	0%	0	0%	0
Decreases by budget item transfer	LV1	0	0%	0	0%	0
Decreases by transfers	LV2	0	0%	0	0%	0
Gross value at the end of period	LW	0	0%	0	0%	0

Tangible fixed assets (Total III)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	LN	0	0%	0	0%	0
Increases due to revaluation	LO	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	LP	0	0%	0	0%	0
Decreases by budget item transfer	NG1	0	0%	0	0%	0
Decreases by transfers	NG2	0	0%	0	0%	0
Gross value at the end of period	NH	0	0%	0	0%	0

Financial assets (Total IV)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	LQ	0	0%	0	0%	0
Increases due to revaluation	LR	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	LS	0	0%	0	0%	0
Decreases by budget item transfer	NJ1	0	0%	0	0%	0
Decreases by transfers	NJ2	0	0%	0	0%	0
Gross value at the end of period	NK	0	0%	0	0%	0

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

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreases		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreases		PC	0	0%	0	0%	0
	Decreases by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	PE	0	0%	0	0%	0
Increases		PF	0	0%	0	0%	0
Decreases		PG	0	0%	0	0%	0
	Decreases by budget item transfer	PH	0	0%	0	0%	0

Total fixed assets amortisation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	QU	0	0%	0	0%	0
Increases		QV	0	0%	0	0%	0
Decreases		QW	0	0%	0	0%	0
	Decreases by budget item transfer	QX	0	0%	0	0%	0

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

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreases by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2009		31/12/2008		31/12/2007
	Net value at beginning of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/12/2009		31/12/2008		31/12/2007
	Value at beginning of period	7C	0	0%	0	0%	0
Increases		UB	0	0%	0	0%	0
Decreases		UC	0	0%	0	0%	0
	Value at the end of period	UD	0	0%	0	0%	0

Includes Total allocations

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

Includes Total Withdrawal

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

Total regulated provisions (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Value at beginning of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Value at beginning of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Value at beginning of period	7B	0	0%	0	0%	0
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	0	0%	0	0%	0

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

		31/12/2009		31/12/2008		31/12/2007
Gross value	VT	0	0%	0	0%	0
1 year at most	VU	0	0%	0	0%	0
More than one year	VV	0	0%	0	0%	0

State of loans

		31/12/2009		31/12/2008		31/12/2007
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2009		31/12/2008		31/12/2007
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	0	0%	0	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	0	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0	0%	0

Prepaid

		31/12/2009		31/12/2008		31/12/2007
Prepaid	VS	0	0%	0	0%	0

State Debt

			31/12/2009		31/12/2008		31/12/2007
	Total debt (gross)	VY	0	0%	0	0%	0
1 year at most		VZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

31/12/2009

31/12/2008

31/12/2007

Convertible bonds (gross)

7Y1

0

0%

0

0%

0

1 year at most

7Y2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

0

Other bonds (gross)

7Z1

0

0%

0

0%

0

1 year at most

7Z2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Z3

0

0%

0

0%

0

Borrowing & debts to 1 year maximum at the origin (gross)

VG1

0

0%

0

0%

0

1 year at most

VG2

0

0%

0

0%

0

More than 1 year and 5 years at most

VG3

0

0%

0

0%

0

Borrowing & debts to more than 1 year at the origin (gross)

VH1

0

0%

0

0%

0

1 year at most

VH2

0

0%

0

0%

0

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

0

0%

0

0%

0

1 year at most

8A2

0

0%

0

0%

0

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

0

0%

0

0%

0

1 year at most

8B2

0

0%

0

0%

0

More than 1 year and 5 years at most

8B3

0

0%

0

0%

0

Personnel and associated accounts (gross)

8C1

0

0%

0

0%

0

1 year at most

8C2

0

0%

0

0%

0

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

0

0%

0

0%

0

1 year at most

8D2

0

0%

0

0%

0

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

0

0%

0

1 year at most

8E2

0

0%

0

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (gross)

VW1

0

0%

0

0%

0

1 year at most

VW2

0

0%

0

0%

0

More than 1 year and 5 years at most

VW3

0

0%

0

0%

0

Backed Obligations (gross)

VX1

0

0%

0

0%

0

1 year at most

VX2

0

0%

0

0%

0

More than 1 year and 5 years at most

VX3

0

0%

0

0%

0

Other taxes and assimilated (gross)

VQ1

0

0%

0

0%

0

1 year at most

VQ2

0

0%

0

0%

0

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

0

0%

0

1 year at most

8J2

0

0%

0

0%

0

More than 1 year and 5 years at most

8J3

0

0%

0

0%

0

More than 5 years

8J4

0

0%

0

0%

0

Groups and associates (gross)

VI1

0

0%

0

0%

0

1 year at most

VI2

0

0%

0

0%

0

More than 1 year and 5 years at most

VI3

0

0%

0

0%

0

More 5 years

VI4

0

0%

0

0%

0

Other liabilities (gross)

8K1

0

0%

0

0%

0

1 year at most

8K2

0

0%

0

0%

0

More than 1 year and 5 years at most

8K3

0

0%

0

0%

0

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

0

1 year at most

8L2

0

0%

0

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

References

		31/12/2009		31/12/2008		31/12/2007
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2009		31/12/2008		31/12/2007
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2009		31/12/2008		31/12/2007
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2009		31/12/2008		31/12/2007
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2009		31/12/2008		31/12/2007
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2009		31/12/2008		31/12/2007
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/12/2009		31/12/2008		31/12/2007
Average number of employees	YP	0	0%	0	0%	0

Groups and Shareholders

		31/12/2009		31/12/2008		31/12/2007
Groups and Shareholders	ZR	-	-	-	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Fixed Asset Financing	1,29	5,7%	1,22	-3,2%	1,26	1,66	-22,3%
Global Debt	129 days	-20,4%	162 days	-6,9%	174 days	133 days	-3,0%
Working Capital Fund overall net	71 days	4,4%	68 days	-26,1%	92 days	57 days	24,6%
Financial independence	673,27%	101,9%	333,52%	-32,4%	493,55%	320,74%	109,9%
More ratios
Solvability	56,04%	8,7%	51,55%	-5,5%	54,56%	31,94%	75,5%
Capacity debt futures	%	-	%	-	%	993,61%	-
Coverage of current assets by net working capital overall	47,23%	4,5%	45,18%	-27,6%	62,39%	36,26%	30,3%
General Liquidity		-		-		0,48	-
Restricted Liquidity		-		-		0,85	-

Management or rotation

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Need background in operating working capital	67 days	-22,1%	86 days	7,5%	80 days	11 days	509,1%
Treasury	2 days	108,7%	-23 days	-1050,0%	-2 days	4 days	-50,0%
Inventory turnover of goods	0 days	0%	0 days	0%	0 days	33 days	0%
Average length of credit granted to customers	29 days	20,8%	24 days	-50,0%	48 days	31 days	-6,5%
Average length of credit obtained suppliers	71 days	10,9%	64 days	-17,9%	78 days	51 days	39,2%
More ratios
Inventory turnover of raw materials in industrial enterprises	49 days	-24,6%	65 days	41,3%	46 days	41 days	19,5%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	932 days	-
Rotation tangible assets	%	-	%	-	%	839,96%	-

Profitability of the business

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Margin trading	8,31%	-27,1%	11,40%	-12,4%	13,02	0%	0%
Profitability of the business	5,80	449,4%	-1,66	-132,3%	5,14	1,52%	281,6%
Net profit	10,37%	429,1%	1,96%	237,9%	0,58%	1,09%	851,4%
More ratios
Growth rate of turnover (excluding VAT)	25,05%	47,9%	16,94%	159,4%	-28,51%	-7,25%	445,5%
Rates integration	21,98%	30,5%	16,84%	-38,2%	27,23%	28,18%	-22,0%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	59,96%	-32,1%	88,27%	30,9%	67,41%	80,68%	-25,7%
Weight interests	1,03	-63,7%	2,84%	123,6%	1,27%	0,27%	281,5%

Return on capital

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Cash flow from the overall profitability	11,30%	146,2%	4,59%	18,3%	3,88%	1,97%	473,6%
Rates of economic profitability	10%	600%	-2%	-133,3%	6%	7%	42,9%
Financial profitability	1539311%	19,6%	1287188%	-3,3%	1330479%	11721%	13032,9%
Return on investment	19,31%	203,1%	6,37%	201,9%	2,11%	7,51%	157,1%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Turnover	3 357 632	25,0%	2 685 043	16,9%	2 296 107	249 190 €	1247,4%

Sales of goods	460 661	-3,4%	477 090	15,1%	414 508
- Purchase of goods	181 595	6,2%	170 921	48,0%	115 482
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	279 066 €	-8,9%	306 169 €	2,4%	299 026 €	0 €	0%
	8,31 % CA	-27,1%	11,40 % CA	-12,4%	13,02 % CA	0,02 % CA	41450,0%

Sale of goods produced	2 896 971	31,2%	2 207 953	17,3%	1 881 599
+/- Stocked production	-31 204	-1389,4%	2 420	109,4%	-25 750
+ Self-constructed assets	0	0%	0	0%	0
Period production	2 865 767 €	29,7%	2 210 373 €	19,1%	1 855 849 €	78 985,50 €	3528,2%
	85,35 % CA	3,7%	82,32 % CA	1,8%	80,83 % CA	99,32 % CA	-14,1%

Trading margin	279 066	-8,9%	306 169	2,4%	299 026	0	0%
+ Period Production	2 865 767	29,7%	2 210 373	19,1%	1 855 849	78 985,50	3528,2%
- Purchase of raw materials	1 064 083	2,4%	1 038 729	61,4%	643 600
+/- Change in stocks of raw materiels	42 287	140,2%	-105 088	-241,1%	-30 807
- Other external purchases and charges	1 300 549	15,0%	1 130 794	23,3%	916 948
Added value	737 914 €	63,2%	452 107 €	-27,7%	625 134 €	67 910,50 €	986,6%
	21,98 % CA	30,5%	16,84 % CA	-38,2%	27,23 % CA	28,18 % CA	-22,0%

Added value	737 914 €	63,2%	452 107 €	-27,7%	625 134 €	67 910,50 €	986,6%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	100 629	3,0%	97 727	13,9%	85 784
- Personal charges	442 441	10,9%	399 066	-5,3%	421 395
Gross operating surplus	194 844 €	536,0%	-44 686 €	-137,9%	117 955 €	1 448 €	13356,1%
	5,80 % CA	449,4%	-1,66 % CA	-132,3%	5,14 % CA	1,54 % CA	276,6%

Gross operating surplus	194 844 €	536,0%	-44 686 €	-137,9%	117 955 €	1 448 €	13356,1%
+ Release of reserves and provisions	0	0%	0	0%	0
+ Other operating income	0	0%	0	0%	0
- Depreciation/Amortisation	31 133	-54,6%	68 560	-9,5%	75 782
- Other charges	0	0%	149 501	0%	0
Operating result	163 711 €	162,3%	-262 747 €	-723,0%	42 173 €	891 €	18273,8%
	4,88 % CA	149,8%	-9,79 % CA	-632,1%	1,84 % CA	0,94 % CA	419,1%

Operating result	163 711 €	162,3%	-262 747 €	-723,0%	42 173 €	891 €	18273,8%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	19 077	-95,3%	406 830	3748,9%	10 570
- Financial charges	34 428	-54,9%	76 264	162,1%	29 102
Pre-tax result	148 360 €	118,8%	67 819 €	186,9%	23 641 €	715 €	20649,7%
	4,42 % CA	74,7%	2,53 % CA	145,6%	1,03 % CA	0,55 % CA	703,6%

Extraordinary income	50 230	703,6%	6 251	0%	0	0,50	10045900%
- Extraordinary charges	2 070	-37,0%	3 288	-6,0%	3 498
Extraordinary result	48 160 €	1525,4%	2 963 €	184,7%	-3 498 €	0 €	0%
	1,43 % CA	1200%	0,11 % CA	173,3%	0 % CA	0 % CA	0%

Pre-tax result	148 360 €	118,8%	67 819 €	186,9%	23 641 €	715 €	20649,7%
Extraordinary result	48 160 €	1525,4%	2 963 €	184,7%	-3 498 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	-151 602	-938,9%	18 071	166,4%	6 784
Net result	348 122 €	560,4%	52 711 €	294,6%	13 359 €	2 044 €	16931,4%
	10,37 % CA	429,1%	1,96 % CA	237,9%	0,58 % CA	1,13 % CA	817,7%

ADDITIONAL INFORMATION

Company details

Activity (APE)	Fabrication de vêtements de dessus (1413Z)
RCS Registration	RCS Paris B 323 234 385	Share capital	260,000 Euros
Registration Court	Paris (75)	Legal form	Limited Liability Company
Court Registry Number	81 B 10330	EUR VAT Number	FR84323234385
Incorporation Date	12/1981	Formation Date	06/1981
Deregistration Date		Last account Date	31/12/2009
Nationality	France

Establishment details

Activity (APE)	Fabrication de vêtements de dessus (1413Z)	Business Pages FT®
Postal Address	CLICK ORNA FAHRO 106 BD DE SEBASTOPOL 75003 PARIS 3	Trading Address	106 BOULEVARD DE SEBASTOPOL 75003 PARIS 3
Telephone	01 42 74 53 69
Fax

Type	Head office	Status	Economically active
Formation Date	09/1986	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Paris (75)	Region	Ile-de-France
District	1	Area	99
City	PARIS 3	Size of urban area	Paris conglomeration

Other establishments

Branches	6 branch entities in this company
Head office	> CLICK <<<  - Fabrication de vêtements de dessus (1413Z)  in PARIS 3  (75003)
Secondary establishments	>  CLICK  - Fabrication de vêtements de dessus (1413Z)  in PANTIN  (93500) >  CLICK  - Fabrication de vêtements de dessus (1413Z)  in VELIZY VILLACOUBLAY  (78140) >  CLICK  - Fabrication de vêtements de dessus (1413Z)  in PARIS 3  (75003) >  CLICK  - Fabrication de vêtements de dessus (1413Z)  in PARIS 10  (75010) > ...

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Workforces

Workforce at address

10 to 19 employees

Company workforce

10 to 19 employees

Historical Data

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

41005645

26/10/2010

21/12/2010

SERVICE DES IMPOTS DES ENTREPRISES DU 3EME ARRDT

35 577 EUR

-

Reason for closure	Crossed Off
Court	Paris
Creditor	SERVICE DES IMPOTS DES ENTREPRISES DU 3EME ARRDT
Debtor	SARL CLICK ORNA FARHO 106 BD DE SEBASTOPOL 75003 PARIS

Status history

Date	Description
No Status History
Recent publications in Gazettes

Publication date	Gazette Name	Description
08/09/2012	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 4930 - 323234385 RCS. CLICK. Forme : Société à responsabilité limitée. Adresse : 106 boulevard de Sébastopol 75003 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
08/11/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6554 - 323234385 RCS. CLICK. Forme : Société à responsabilité limitée. Adresse : 106 BD DE SEBASTOPOL 75003 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
17/05/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 5249 - 323234385 RCS. CLICK. Forme : Société à responsabilité limitée. Adresse : 75003 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
17/05/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 5246 - 323234385 RCS. CLICK. Forme : Société à responsabilité limitée. Adresse : 75003 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2005.
17/05/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 5247 - 323234385 RCS. CLICK. Forme : Société à responsabilité limitée. Adresse : 75003 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.
17/05/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 5248 - 323234385 RCS. CLICK. Forme : Société à responsabilité limitée. Adresse : 75003 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
18/02/2006	Bodacc C	Avis de dépôt des comptes
2055 - RCS Paris B 323 234 385. RC 81-B 10330. CLICK. Forme: S.A.R.L.. Adresse du siège social: 106, boulevard de Sébastopol,Paris, 75003 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
21/04/2005	Bodacc A	Vente et cession
1504 - RCS B 323 234 385. RC 05-B 1324. CLICK. Forme : S.A.R.L. Adresse du siège social : 106 boulevard de Sébastopol, 75003 Paris. Etablissement secondaire - Activité : achat, vente de vêtements, de prêt-à-porter, de tous produits non soumis à réglementation, notamment de prêt-à-porter en tout genre et de tout textile. Adresse : Usine Center, route André-Citroën, 78140 Vélizy-Villacoublay. Etablissement secondaire acquis par achat au prix stipulé de 255 000 euros. Date de début d'activité : 1er avril 2005. Précédent propriétaire : SWP. RCS 440 888 790. Publication légale : Les Annonces de la Seine du 14 mars 2005. Oppositions : Cabinet Hermet Lartigue, 8 rue Anatole-de-la-Forge, 75017 Paris, pour la validité et la correspondance.
06/12/2001	Bodacc B	Modifications et mutations diverses
RCS Paris B 323234385 RC 81-B 10330 CLICK. Forme : S.A.R.L. Capital : 260 000 euros. Commentaires : modification survenue sur le capital (augmentation).
26/09/1999	Bodacc B	Modifications et mutations diverses
RCS Paris B 323234385 RC 81-B 10330 CLICK. Forme : S.A.R.L. Capital : 1 000 000 de F. Commentaires : modification survenue sur le capital (augmentation) et l'administration. Administration : modification du gérant : ARBIB (Isaac, Ishac).
11/06/1999	Bodacc B	Modifications et mutations diverses
RCS *. RCS Paris B 323 234 385 RC RC 81- B 10330 CLICK. Forme : S.A.R.L. Administration : nomination en qualité de commissaire aux comptes titulaire : AISSA (Ali). Nomination en qualité de commissaire aux comptes suppléant : SAINT-REQUIER (Claude). Commentaires : modification survenue sur l' administration.
15/09/1996	Bodacc A	Création d'établissement
RCS Paris B 323 234 385 CLICK. Forme : S. A.R.L. Capital : 100 000 F. Adresse du siège social : 106 boulevard de Sébastopol 75003 Paris Etablissement principal: Activité : droit au bail des locaux. Adresse : 108 boulevard de Sébastopol 75003 Paris Droit au bail dépendant de l'établissement principal, acquis par cession au prix stipulé de 2 000 000 de F. Date d'effet : 1er aout 1996. Précédent propriétaire : PROPRIETE PRIVEE. RCS B 342 380 227 Publication légale: Les Annonces de la Seine du 5 septembre 1996. Oppositions : Bank Polska Kasa Opieki, succursale de Paris, 23 rue Taitbout, 75009 Paris.
Company events history

Date	Description
15/11/2012	Invalid balance sheet
08/09/2012	Bodacc C : Deposit accounts notice
13/04/2012	Invalid balance sheet
07/09/2011	Bodacc C : Deposit accounts notice
21/07/2011	Invalid balance sheet
21/12/2010	Preferential right lapsed
08/11/2010	Bodacc C : Deposit accounts notice
26/10/2010	Unfiling of a Tax Office preferential right
26/10/2010	New Filling of Tax Office preferential right
17/05/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
25/03/2009	Collection of preferential rights activated for this company
31/12/2008	New accounts available
31/12/2007	New accounts available
31/12/2006	New accounts available
31/12/2005	New accounts available
31/12/2004	New accounts available
23/11/2001	Acte sous seing privé
23/11/2001	PV d'Assemblée
23/11/2001	Statuts mis à jour
23/11/2001	Conversion du Capital Social en Euros
23/11/2001	Augmentation de Capital
13/09/1999	Rapport des Commissaires ou du Gérant
13/09/1999	Statuts mis à jour
13/09/1999	PV d'Assemblée
13/09/1999	Acte sous seing privé
13/09/1999	Augmentation de Capital
27/05/1999	PV d'Assemblée
27/05/1999	Acte sous seing privé
27/05/1999	Nomination/démission des organes de gestion
26/04/1999	Cession de parts
26/04/1999	Acte sous seing privé
14/06/1994	Statuts mis à jour
14/06/1994	Cession de parts
14/06/1994	Acte sous seing privé
14/06/1994	PV d'Assemblée
29/06/1992	Déclaration de conformité
29/06/1992	Acte sous seing privé
29/06/1992	Cession de parts
29/06/1992	Statuts mis à jour
Establishment events history

Date	Description
11/01/2013	Update of phone numbers
11/09/2012	Update Rating
13/04/2012	Update Rating
30/09/2011	Update Rating
30/09/2011	Update Limit
24/03/2011	Update Rating
20/10/2010	Update Rating
20/10/2010	Update Limit
25/09/2010	Update Rating
31/03/2010	Update Rating
31/03/2010	Update Limit
30/12/2009	Update Rating
16/12/2007	Update Limit
10/12/2007	Update Limit
08/12/2007	Update Limit
25/01/2007	Update Limit
25/01/2007	Update Rating
20/01/2007	Update Limit
20/01/2007	Update Rating

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.59.35
UK Pound	1	Rs.92.11
Euro	1	Rs.78.59

INFORMATION DETAILS

Report Prepared by :

MNL

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
----	NB	New Business	----

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.