MIRA
INFORM REPORT
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Report Date : |
24.06.2013 |
IDENTIFICATION DETAILS
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Name : |
INDUSTRIAS PUIGJANER, SA |
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Registered Office : |
Calle Pintor Vilacinca (P. I. Can Humet De Dalt), 30 08213 Polinya Barcelona |
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Country : |
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Financials (as on) : |
31.12.2011 |
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Date of Incorporation : |
23.09.1972 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacturer of machinery, mechanical equipment |
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No. of Employees : |
50 (2013) |
RATING & COMMENTS
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MIRAs Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
No Complaints |
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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 31st 2013
|
Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
|
Spain |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
spain ECONOMIC OVERVIEW
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 0.3% in 2010; GDP expanded 0.4%
in 2011, before contracting 1.4% in 2012. The economy has once again fallen
into recession as deleveraging in the private sector, fiscal consolidation, and
continued high unemployment weigh on domestic demand and investment, even as
exports have shown signs of resiliency. The unemployment rate rose from a low
of about 8% in 2007 to 26.0% in 2012. The economic downturn has also hurt
Spain's public finances. The government budget deficit peaked at 11.2% of GDP
in 2010 and the process to reduce this imbalance has been slow despite the
central government's efforts to raise new tax revenue and cut spending. Spain
reduced its budget deficit to 9.4% of GDP in 2011, and roughly 7.4% of GDP in
2012, above the 6.3% target negotiated between Spain and the EU. Although
Spain's large budget deficit and poor economic growth prospects remain a source
of concern for foreign investors, the government's ongoing efforts to cut
spending and introduce flexibility into the labor markets are intended to
assuage these concerns. The government is also taking steps to shore up the
banking system, namely by using up to $130 billion in EU funds to recapitalize
struggling banks exposed to the collapsed domestic construction and real estate
sectors.
|
Source : CIA |
Company name
INDUSTRIAS PUIGJANER, SA
CIF/NIF: A08297491
Company situation: Active
Answer to the data in your request
The data of your request have been confirmed and are correct. From the beginning of the companys foundation, Industrias Puigjaner has designed and manufactured machines to form plate and tube using rotational methods. Products: Spinning Lathes - Flow Forming Lathes - Trimming and beading machines - Necking Machines - Pulley Machines - Circular shears - Special Machines.
Cif / Nif
The NIF/CIF provided is registered as IVA (Added Value Tax) operator in
the database of the Tax Office
EXECUTIVE SUMMARY
Identification
Current Business Name: INDUSTRIAS PUIGJANER, SA
Commercial name: INDUSTRIAS PUIGJANER, S.A.; DENN
Other names: NO
Current Address: CALLE PINTOR VILACINCA (P. I. CAN HUMET DE
DALT), 30
Telephone number: 937132001 Fax: 937131125
URL: www.denn.es
Corporate e-mail: denn@denn.es
Trade Risk
Incidents: YES
R.A.I.: NO
Financial Information
Latest sales known (2012): 7.444.000,00 (Own Sources)
Balance sheet latest sales (2011): 7.493.755,72 (Mercantile Register)
Result: 232.766,72
Total Assets: 11.538.468,01
Share capital: 405.683,17
Employees: 50
Listed on a Stock Exchange: NO
Commercial Information
Incorporation date: 23/09/1972
Activity: Mfg. of machinery, mechanical equipment
NACE 2009 CODE: 2849
International Operations: Exports
Corporate Structure
President:
Participations: 2
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2011
Latest act published in BORME: 20/06/2013 Appointments
Latest press article: 14/06/2010 LA VANGUARDIA (GENERAL INFORMATION)
Bank Entities: There are
The date when this report was last updated is 21/06/2013.
The information contained in this report has been investigated and
contrasted on 21/06/2013
Rating Explanation
Financial situation
The companys financial situation
is unfavourable.
The companys financial situation evolution has
been negative.
The sales evolution and results has
been negative.
The auditors opinion about the latest accounts has
been favourable.
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 stable.
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 |
|
21/06/2013 |
Reduction |
9 |
New information has been loaded on our systems. |
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11/01/2013 |
Increase |
12 |
New financial statements have been uploaded. |
|
30/11/2012 |
Reduction |
9 |
There has been a change in the formula version. |
|
05/11/2012 |
Equal |
11 |
There has been a variation in the affected parties
of the companys non-payments information. |
|
02/11/2012 |
Equal |
11 |
There has been a variation in the affected
parties of the companys non-payments information. |
INCIDENTS
Summary
LEGAL ACTIONS: 1 ( Last:09/11/1998 )
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Insolvency Proceeding: |
1 |
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Civil Court: |
0 |
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Labour Courts: |
0 |
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ADMINISTRATIVE CLAIMS: 2 ( Last:23/08/2010 , first:
08/06/2010 )
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With the Social Security: |
2 |
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With the Tax Authorities: |
0 |
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With Other Official bodies: |
0 |
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AFFECTED BY: No significant element.
Last Legal Actions
figures expressed in
INSOLVENCY PROCEEDING
|
DATE |
CLAIM TYPE |
INCIDENCE STATUS |
ASSETS |
LIABILITIES |
|
09/11/1998 |
SUSPENSION OF PAYMENTS |
SUSPENSION OF PAYMENTS/LIFT FILE |
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|
Details of the
Latest Legal Actions
figures expressed in
INSOLVENCY PROCEEDING
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Proceeding |
SUSPENSION OF PAYMENTS |
|
Conducted in |
SABADELL, FIRST INSTANCE COURT N. 8 |
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Writ Number |
285/1994 |
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Complaint Date |
09/11/1998 |
Record of the claim
|
PHASE |
SUSPENSION OF
PAYMENTS/LIFT FILE |
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Date of the Edict: 22/12/1998 |
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|
Source: Published in Gazette of BARCELONA |
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PHASE |
SUSPENSION OF
PAYMENTS/AGREEMENT APPROVED |
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Date of the Edict: 22/12/1998 |
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|
Source: Published in Gazette of BARCELONA |
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Observations: QUITA DEL 30%, RESTO A PAGAR EN UN PLAZO
DE 10 ANOS. |
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PHASE |
SUSPENSION OF
PAYMENTS/1 CREDITORS MEETING |
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Date of the Edict: 23/10/1997 |
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Source: Published in Gazette of BARCELONA, on
24/09/1997 |
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Observations: SUSPENDIDA JUNTA / SE SIGUE PROCEDIMIENTO
ESCRITO |
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PHASE |
SUSPENSION OF
PAYMENTS/APPOINTMENT OF INSPECTORS |
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Date of the Edict: 20/10/1994 |
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Source: Published in Gazette of BARCELONA |
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Observations: BAIGORRI HERMOSO JESUS MARIA*CABRERA
MARTINEZ JOSE*BANCO ESPANOL CREDITO SA |
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PHASE |
SUSPENSION OF
PAYMENTS / APPLICATION |
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|
Date of the Edict: 20/10/1994 |
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|
Source: Published in Gazette of BARCELONA |
Plaintiffs
|
NAME |
DATE |
AMOUNT |
ENFORCEMENT NUMBER |
|
G I R CONSULTORES ASOCIADOS S.L. |
09/11/1998 |
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TESORERIA GENERAL DE LA SEGURIDAD SOCIAL |
09/11/1998 |
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AEAT - HACIENDA PUBLICA |
09/11/1998 |
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COMERCIAL LIDER SA |
09/11/1998 |
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FERRETERIA MORA SA |
09/11/1998 |
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BANCO CENTRAL HISPANOAMERICANO SA (EXTINGUIDA) |
09/11/1998 |
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BANCO BILBAO VIZCAYA SA |
09/11/1998 |
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BANCO EXTERIOR DE ESPANA SA (EXTINGUIDA) |
09/11/1998 |
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MANNESMANN REXROTH SA |
21/05/1998 |
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|
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BANCO ESPANOL DE CREDITO SA |
08/06/1994 |
221.600,4 |
|
Latest
Administrative Claims
figures expressed in
WITH THE SOCIAL SECURITY.
Enforcement
|
DATE |
ORGANIZATION |
AMOUNT |
|
23/08/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
512,82 |
Notifications
|
DATE |
ORGANIZATION |
AMOUNT |
|
08/06/2010 |
CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION PROVINCIAL DE
TRABAJO Y SEGURIDAD SOCIAL |
512,82 |
Detail of the
Latest Administrative Claims
figures expressed in
Enforcement
WITH THE SOCIAL SECURITY.
Phase: ENFORCEMENT
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 23/08/2010
Period: 1109 1109
Source: Published in the Gazette of BARCELONA, on 27/08/2010, page 2
Amount: 512,82
figures expressed in
Notifications
WITH THE SOCIAL SECURITY.
Phase: DEBTS WITH OFFICIAL BODIES
Organization: CENTRAL TREASURY FOR SOCIAL SECURITY DIRECCION
PROVINCIAL DE TRABAJO Y SEGURIDAD SOCIAL
Concept: Share
Date of the claim: 08/06/2010
Period: 1109 1109
Source: Published in the Gazette of BARCELONA, on 11/06/2010, page 7
Amount: 512,82
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
17/06/2013 08:06:20
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 |
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A) NON CURRENT ASSETS |
6.154.822,56 |
53,34 |
4.575.420,87 |
49,95 |
4.041.274,42 |
37,67 |
|
B) CURRENT ASSETS |
5.383.645,45 |
46,66 |
4.585.470,47 |
50,05 |
6.686.887,75 |
62,33 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
3.378.381,90 |
29,28 |
3.240.115,18 |
35,37 |
3.176.267,86 |
29,61 |
|
B) NON CURRENT LIABILITIES |
2.981.659,62 |
25,84 |
1.664.519,34 |
18,17 |
1.109.270,19 |
10,34 |
|
C) CURRENT LIABILITIES |
5.178.426,49 |
44,88 |
4.256.256,82 |
46,46 |
6.442.624,12 |
60,05 |
Profit and loss
account analysis
Figures given in
|
|
2012 OWN SOURCES |
31/12/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/12/2010 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
7.444.000,00 |
7.493.755,72 |
|
7.648.679,48 |
|
|
GROSS MARGIN |
|
4.822.158,96 |
64,35 |
4.308.631,68 |
56,33 |
|
EBITDA |
|
850.167,35 |
11,35 |
725.017,15 |
9,48 |
|
EBIT |
|
600.069,26 |
8,01 |
421.934,66 |
5,52 |
|
NET RESULT |
49.408,00 |
232.766,72 |
3,11 |
158.347,28 |
2,07 |
|
EFFECTIVE TAX RATE (%) |
|
13,15 |
0,00 |
30,00 |
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 |
53,34 |
36,30 |
17,04 |
|
A) CURRENT ASSETS |
46,66 |
63,70 |
-17,04 |
|
LIABILITIES |
|||
|
A) NET WORTH |
29,28 |
59,02 |
-29,74 |
|
B) NON CURRENT LIABILITIES |
25,84 |
11,37 |
14,47 |
|
C) CURRENT LIABILITIES |
44,88 |
29,61 |
15,27 |
|
|
|
|
|
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
PROFIT AND LOSS ACCOUNT ANALYSIS: % on the total
operating income |
|
|
|
|
SALES |
84,47 |
97,81 |
-13,34 |
|
GROSS MARGIN |
54,36 |
45,27 |
9,09 |
|
EBITDA |
9,58 |
7,18 |
2,40 |
|
EBIT |
6,76 |
3,44 |
3,32 |
|
NET RESULT |
2,62 |
2,05 |
0,57 |
Sector Composition
Compared sector (NACE 2009): 2849
Number of companies: 14
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 |
232.766,72 |
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 |
138.266,72 |
|
Total of Amounts to be distributed |
232.766,72 |
Dividends |
94.500,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
0,00 |
|
|
|
Application total |
232.766,72 |
Auditing
Source: filing of annual financial statement 2011
Auditors opinion: FAVOURABLE
Auditor: R.S.B. AUDITORES S.L.
Auditing fees: 6.500,00
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.
cOMPANY ADDRESSES
Current Legal Seat Address:
CALLE PINTOR VILACINCA (P. I. CAN HUMET DE DALT), 30
08213 POLINYA BARCELONA
Previous Seat Address:
CALLE PINTOR VILACINCA 30
08213 POLINYA
BARCELONA
Characteristics of
the current address
Type of establishment: store
Area: 3900 m2
Owners: rented
Local Situation: secondary
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
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Distribution of the administration board |
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Governing body : 10 members (latest change:
14/02/2011) Other Positions : 1 (latest change: 26/12/2003) Auditor : 2 (latest change: 14/06/2013) Operative Board Members : 6 (latest change: 12/01/2010) Non-current positions : 4 (latest change: 14/02/2011) |
|
|
Main Board
members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
PRESIDENT |
PUIGJANER COLOM, EDUARDO |
14/02/2011 |
|
VICE-PRESIDENT |
PUIGJANER COLOM, JUAN FRANCISCO |
14/02/2011 |
|
MEMBER OF THE BOARD |
PUIGJANER COLOM, ELENA |
14/02/2011 |
|
MEMBER OF THE BOARD |
ROVIROSA FERNANDEZ, JUAN NOBERTO |
14/02/2011 |
|
MEMBER OF THE BOARD |
PUIGJANER COLOM, PAULINA |
14/02/2011 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
RSB AUDITORES ASOCIADOS SL |
30/08/2010 |
|
AUDITOR |
RSB AUDITORES ASOCIADOS SLP |
14/06/2013 |
Board members remuneration
Source: Annual
financial report 2011
Board
members remuneration: 0,00
|
POSITION |
NAME AND SURNAME |
|
General Manager |
PUIGJANER COLOM, EDUARDO |
|
Financial Manager |
PUIGJANER COLOM, PAULINA |
|
Human Resources Director |
PUIGJANER COLOM, PAULINA |
|
Production Director |
PUIGJANER COLOM, JUAN FRANCISCO |
|
Commercial Director |
PUIGJANER COLOM, EDUARDO |
|
Exports Director |
PUIGJANER COLOM, EDUARDO |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
COLOM COLOM PAULINA |
|
22,00 |
OWN SOURCES |
21/06/2013 |
|
|
INDUSTRIAS PUIGJANER, SA |
A08297491 |
10,00 |
OWN SOURCES |
21/06/2013 |
|
|
PUIGJANER COLOM JUAN FRANCISCO |
|
8,00 |
OWN SOURCES |
21/06/2013 |
|
|
PUIGJANER COLOM EDUARDO |
|
8,00 |
OWN SOURCES |
21/06/2013 |
|
|
PUIGJANER COLOM PAULINA |
|
5,00 |
OWN SOURCES |
21/06/2013 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
DENN YANGZHOU (CHINA) |
CHINA |
51,00 |
OWN SOURCES |
21/06/2013 |
|
|
INDUSTRIAS PUIGJANER, SA |
A08297491 |
10,00 |
OWN SOURCES |
21/06/2013 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
DENN USA INC |
UNITED STATES |
85,00 |
OWN SOURCES |
21/06/2013 |
|
|
DENNCO COMERCIAL DE MAQUINARIA S. A. |
A08948812 |
Subsidiary |
MERCANTILE REGISTER |
31/12/2010 |
|
|
ITALDENN SPA |
ITALY |
31,00 |
MERCANTILE REGISTER |
31/12/2010 |
Potential link
Search for Link by
Administrator
Search Criterion: EDUARDO PUIGJANER COLOM
|
COMPANY |
POSITION |
PROVINCE |
|
INDUSTRIAS PUIGJANER, SA |
Presidente |
BARCELONA |
|
INDUSTRIAS PUIGJANER, SA |
Consejero Delegado |
BARCELONA |
|
DENNCO COMERCIAL DE MAQUINARIA S. A. |
Administrador Ϊnico |
BARCELONA |
|
PUIGJANER 2002 SL |
Administrador |
BARCELONA |
|
INDUSTRIAS PUIGJANER, SA |
Consejero |
BARCELONA |
In case you need more information you can request:Board Members
Monitoring
Search Criterion: INDUSTRIAS PUIGJANER, SA
URL: www.denn.es
Welcome to INDUSTRIAS PUIGJANER, S.A. website Maquinaria para
la deformaciσn de chapa y tubo por rotaciσn. Machinery to deform plate and tube
by rotation. Machines pour la dιformation de la tτle et le tube ...
BUSINESS INFORMATION
Incorporation date: 23/09/1972
Activity: Mfg. of machinery, mechanical equipment
NACE 2009 CODE: 2849
NACE 2009 Activity: Manufacture of other machine tools
Business: FABRICACION DE MAQUINARIA PARA DEFORMACION DE
CHAPA, POR EL PROCEDIMIENTO DE POTACION
Activity description: Diseρo y fabricaciσn de maquinaria para la
deformaciσn de chapa y tubo por procesos de rotaciσn.
Latest employees figure: 50 (2013)
% of fixed employees: 100,00%
% of men: 87,76%
% of women: 12,24%
Employees
evolution
|
|
|
|
Source: Annual financial report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Members of the board |
|
2 |
|
|
Senior management |
2 |
|
|
|
Other managers |
5 |
3 |
1 |
|
Support intellectuals and scientists, technicians and professionals |
34 |
29 |
4 |
|
Administrative employees |
2 |
1 |
1 |
|
Sales representatives and similar |
4 |
4 |
|
|
Non qualified employees |
3 |
4 |
|
COMMERCIAL OPERATIONS
SALES
Export Percentage: 99%
Exports to: CHINA, INDIA, BRASIS, EEUU
SUPPLIERS
|
BUSINESS NAME |
INTERNATIONAL |
|
SIEMENS |
NO |
|
PUIGJANER 2002
S.L. |
NO |
CLIENTS
|
BUSINESS NAME |
INTERNATIONAL |
|
THE UNITED
STATES ARMY (EEUU) |
YES |
El 94,06% de su cifra de negocio corresponde a
ventas.
El 5,94% de su cifra de negocio corresponde a
prestaciones de servicios.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
5540 |
ALFONSO XIII, 25 |
SABADELL |
Barcelona |
|
BANCO DE SABADELL, S.A. |
0061 |
CR SENTMENAT 000101 |
POLINYA |
Barcelona |
|
BANCO POPULAR ESPAΡOL, S.A. |
0002 |
PASSEIG DE GRACIA, 17 |
BARCELONA |
Barcelona |
Bank sources inform that the subject maintains since years a correcte operative, offering a favourable opinion based on their experience.
LEGAL STRUCTURE
Constitution Data
Register Date: 23/09/1972
Legal form: Joint-stock Company
Share capital: 405.683,17
Paid-up capital: 405.683,17
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: 17 (Last:
20/06/2013, first: 08/01/1993)
Acts on capital: 1 (Last: 22/02/1996)
Acts on creation: 0
Acts on filed accounts: 20 (Last:
21/09/2010, first: 07/12/1990)
Acts on identification: 0
Acts on Information: 7 (Last: 10/06/2013, first:
08/01/1993)
Latest acts in
B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Appointments |
20/06/2013 |
282053 |
Barcelona |
|
Website of the company |
10/06/2013 |
264196 |
Barcelona |
|
Meeting notification |
28/05/2013 |
8473 |
|
|
Meeting notification |
28/05/2012 |
16966 |
|
|
Meeting notification |
26/05/2011 |
20073 |
|
|
Modification of the Articles of Association |
14/02/2011 |
64796 |
Barcelona |
|
Appointments |
14/02/2011 |
64796 |
Barcelona |
|
Resignations |
14/02/2011 |
64796 |
Barcelona |
|
Annual Filed Accounts (2009) |
21/09/2010 |
607696 |
Barcelona |
|
Annual Filed Accounts (2008) |
21/09/2010 |
593515 |
Barcelona |
PRESS ARTICLES
Press summary by type
of information (last five years)
· Legal notices: 0
Structural Data: 0
Informative data: 1 (Last: 14/06/2010)
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 1 (Last: 23/03/2006)
Latest press article
published
14/06/2010 LA VANGUARDIA - GENERAL INFORMATION
INDUSTRIAS PUIGJANER, DEDICADA A FABRICAR MAQUINAS PARA LA DEFORMACION
DE METAL, FACTURA 12 MM (EL 90% A LA EXPORTACION), CUENTA CON UNA PLANTILLA DE
50 PERSONAS Y UNA PLANTA DE FABRICACION EN POLINYA (VALLES OR).
23/03/2006 LA VANGUARDIA - GENERAL INFORMATION
SEAT LIDERARA UN PROYECTO DE INVESTIGACION PARA LA BUSQUEDA DE NUEVOS
MATERIALES DE ACERO MAS RESISTENTES, EN EL QUE PARTICIPARAN OTRAS 15 EMPRESAS Y
5 CENTROS TECNOLOGICOS. EL PROYECTO, IMPULSADO POR EL CENTRO TECNOLOGICO DE
MANRESA (CTM), HA OBTENIDO UNA SUBVENCION DE 30 MM. DE EUROS DEL MINISTERIO DE
INDUSTRIA, TURISMO Y COMERCIO. JUNTO A SEAT PARTICIPAN EN EL PROYECTO DE I+D
OTRAS 5 GRANDES EMPRESAS, COMO GESTAMP, GRUPO ANTOLIN, BATZ Y VIZA, Y OTRAS 9
PEQUEΡAS Y MEDIANAS, COMO MIKALOR, ROWALMA, LANEKO, DENN Y CANDEMAT, ENTRE
OTRAS.
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 10/01/2013.
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 |
6.154.822,56 |
53,34 |
4.575.420,87 |
49,95 |
4.041.274,42 |
37,67 |
|
I. Intangible assets |
5.206.822,95 |
45,13 |
3.869.620,29 |
42,24 |
3.365.295,58 |
31,37 |
|
3. Patents, licences , trademarks and similars |
5.139.118,65 |
44,54 |
3.617.827,72 |
39,49 |
3.300.806,05 |
30,77 |
|
5. Software |
67.704,30 |
0,59 |
204.814,54 |
2,24 |
64.489,53 |
0,60 |
|
6. Investigation |
|
|
46.978,03 |
0,51 |
|
|
|
II. Tangible fixed assets |
334.222,71 |
2,90 |
374.219,69 |
4,08 |
487.204,93 |
4,54 |
|
2. Technical fittings and other tangible assets |
334.222,71 |
2,90 |
374.219,69 |
4,08 |
487.204,93 |
4,54 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated companies |
|
|
25.603,99 |
0,28 |
|
|
|
6. Other investments |
|
|
25.603,99 |
0,28 |
|
|
|
V. Long Term Financial Investments |
613.776,90 |
5,32 |
305.976,90 |
3,34 |
188.773,91 |
1,76 |
|
1. Net worth instruments |
219.976,90 |
1,91 |
|
|
27.208,00 |
0,25 |
|
3. Debt representative values |
|
|
14.976,90 |
0,16 |
|
|
|
5. Other financial assets |
393.800,00 |
3,41 |
291.000,00 |
3,18 |
161.565,91 |
1,51 |
|
VI. Assets by deferred taxes |
|
|
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
5.383.645,45 |
46,66 |
4.585.470,47 |
50,05 |
6.686.887,75 |
62,33 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
1.682.407,67 |
14,58 |
2.284.660,24 |
24,94 |
4.326.526,35 |
40,33 |
|
1. Goods available for sale |
1.666.770,79 |
14,45 |
2.252.859,24 |
24,59 |
4.185.130,19 |
39,01 |
|
6. Pre-payments to suppliers |
15.636,88 |
0,14 |
31.801,00 |
0,35 |
141.396,16 |
1,32 |
|
III. Trade Debtors and other receivable accounts |
2.999.531,81 |
26,00 |
1.981.882,68 |
21,63 |
1.161.274,87 |
10,82 |
|
1. Clients |
2.398.004,84 |
20,78 |
1.543.221,76 |
16,85 |
561.150,28 |
5,23 |
|
b) Clients for sales and short term services
rendering |
2.398.004,84 |
20,78 |
1.543.221,76 |
16,85 |
561.150,28 |
5,23 |
|
2. Clients group and associated companies |
9.332,57 |
0,08 |
|
|
|
|
|
4. Staff |
|
|
|
|
8.614,30 |
0,08 |
|
5. Assets by current taxes |
31.682,77 |
0,27 |
|
|
|
|
|
6. Other credits with the Public Administrations |
560.511,63 |
4,86 |
438.660,92 |
4,79 |
591.510,29 |
5,51 |
|
IV. Short term investments in associated and affiliated companies |
39.103,99 |
0,34 |
|
|
55.057,91 |
0,51 |
|
2. Credits to companies |
39.103,99 |
0,34 |
|
|
21.503,99 |
0,20 |
|
5. Other financial assets |
|
|
|
|
33.553,92 |
0,31 |
|
V. Short term financial investments |
50.685,71 |
0,44 |
34.600,57 |
0,38 |
|
|
|
5. Other financial assets |
|
|
34.600,57 |
0,38 |
|
|
|
6. Other investments |
50.685,71 |
0,44 |
|
|
|
|
|
VI. Short term periodifications |
11.209,74 |
0,10 |
7.735,16 |
0,08 |
7.735,16 |
0,07 |
|
VII. Cash and equivalents |
600.706,53 |
5,21 |
276.591,82 |
3,02 |
1.136.293,46 |
10,59 |
|
1. Treasury |
600.706,53 |
5,21 |
276.591,82 |
3,02 |
1.136.293,46 |
10,59 |
|
TOTAL ASSETS (A + B) |
11.538.468,01 |
100,00 |
9.160.891,34 |
100,00 |
10.728.162,17 |
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 |
3.378.381,90 |
29,28 |
3.240.115,18 |
35,37 |
3.176.267,86 |
29,61 |
|
A-1) Equity |
3.378.381,90 |
29,28 |
3.240.115,18 |
35,37 |
3.176.267,86 |
29,61 |
|
I. Capital |
405.683,17 |
3,52 |
405.683,17 |
4,43 |
405.683,17 |
3,78 |
|
1. Authorized capital |
405.683,17 |
3,52 |
405.683,17 |
4,43 |
405.683,17 |
3,78 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
2.901.932,01 |
25,15 |
2.838.084,70 |
30,98 |
2.646.372,82 |
24,67 |
|
1. Legal and statutory |
81.136,63 |
0,70 |
81.136,63 |
0,89 |
81.136,63 |
0,76 |
|
2. Other funds |
2.820.795,38 |
24,45 |
2.756.948,07 |
30,09 |
2.565.236,19 |
23,91 |
|
IV. (Net worth own shares and participations) |
-162.000,00 |
-1,40 |
-162.000,00 |
-1,77 |
-162.000,00 |
-1,51 |
|
V. Results from previous years |
|
|
0,03 |
0,00 |
|
|
|
1. Carry over |
|
|
0,03 |
0,00 |
|
|
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
232.766,72 |
2,02 |
158.347,28 |
1,73 |
286.211,87 |
2,67 |
|
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 |
2.981.659,62 |
25,84 |
1.664.519,34 |
18,17 |
1.109.270,19 |
10,34 |
|
I. Long term provisions |
|
|
|
|
|
|
|
II. Long term debts |
2.981.659,62 |
25,84 |
1.664.519,34 |
18,17 |
1.109.270,19 |
10,34 |
|
2. Debts with bank entities |
917.702,93 |
7,95 |
681.616,54 |
7,44 |
1.046.281,39 |
9,75 |
|
5. Other financial liabilities |
2.063.956,69 |
17,89 |
982.902,80 |
10,73 |
62.988,80 |
0,59 |
|
III. Long term debts with associated and affiliated companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
|
|
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
5.178.426,49 |
44,88 |
4.256.256,82 |
46,46 |
6.442.624,12 |
60,05 |
|
I. Liabilities related with non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
1.571.024,60 |
13,62 |
1.811.916,26 |
19,78 |
2.798.158,90 |
26,08 |
|
2. Debts with bank entities |
1.571.024,60 |
13,62 |
1.811.916,26 |
19,78 |
2.798.158,90 |
26,08 |
|
IV. Short term debts with associated and affiliated companies |
121.072,10 |
1,05 |
|
|
69.890,29 |
0,65 |
|
V. Trade creditors and other payable accounts |
3.486.329,79 |
30,21 |
2.444.340,56 |
26,68 |
3.574.574,93 |
33,32 |
|
1. Suppliers |
1.664.909,40 |
14,43 |
1.182.914,47 |
12,91 |
2.268.616,08 |
21,15 |
|
b) Short term suppliers |
1.664.909,40 |
14,43 |
1.182.914,47 |
12,91 |
2.268.616,08 |
21,15 |
|
2. Suppliers group and associated companies |
|
|
|
|
30.785,06 |
0,29 |
|
3. Different creditors |
183.567,67 |
1,59 |
250.480,52 |
2,73 |
99.248,73 |
0,93 |
|
4. Staff (pending remunerations) |
45.042,09 |
0,39 |
39.680,78 |
0,43 |
4.845,31 |
0,05 |
|
5. Liabilities by current taxes |
35.222,49 |
0,31 |
31.436,47 |
0,34 |
|
|
|
6. Other debts with Public Administrations |
64.124,31 |
0,56 |
156.052,31 |
1,70 |
333.328,52 |
3,11 |
|
7. Clients pre-payments |
1.493.463,83 |
12,94 |
783.776,01 |
8,56 |
837.751,23 |
7,81 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
11.538.468,01 |
100,00 |
9.160.891,34 |
100,00 |
10.728.162,17 |
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 |
7.493.755,72 |
84,47 |
7.648.679,48 |
90,06 |
8.095.614,39 |
89,45 |
|
A) Sales |
7.048.659,70 |
79,45 |
7.506.763,73 |
88,39 |
7.909.470,00 |
87,40 |
|
b) Services provided |
445.096,02 |
5,02 |
141.915,75 |
1,67 |
186.144,39 |
2,06 |
|
2. Variation in stocks of finished goods and work in progress |
1.100.090,18 |
12,40 |
1.148.694,87 |
13,53 |
1.692.845,30 |
18,71 |
|
3. Works for its own assets |
1.330.994,92 |
15,00 |
691.750,41 |
8,15 |
672.310,11 |
7,43 |
|
4. Supplies |
-5.149.415,61 |
-58,04 |
-5.332.560,99 |
-62,79 |
-6.003.499,32 |
-66,34 |
|
a) Material consumed |
-1.828.620,31 |
-20,61 |
-3.183.249,06 |
-37,48 |
-150.144,89 |
-1,66 |
|
b) Raw materials consumed |
-1.506.872,88 |
-16,99 |
-1.050.773,06 |
-12,37 |
-4.083.921,94 |
-45,13 |
|
c) Works carried out for other companies |
-1.813.922,42 |
-20,45 |
-1.098.538,87 |
-12,94 |
-1.769.432,49 |
-19,55 |
|
5. Other operating income |
46.733,75 |
0,53 |
152.067,91 |
1,79 |
282.243,84 |
3,12 |
|
a) Other incomes |
5.499,21 |
0,06 |
6.648,70 |
0,08 |
1.248,65 |
0,01 |
|
b) Operating grants included in the exercise result |
41.234,54 |
0,46 |
145.419,21 |
1,71 |
280.995,19 |
3,10 |
|
6. Labour cost |
-2.321.096,97 |
-26,16 |
-2.198.880,35 |
-25,89 |
-2.149.521,48 |
-23,75 |
|
a) Wages and similar expenses |
-1.809.612,97 |
-20,40 |
-1.712.025,22 |
-20,16 |
-1.717.618,51 |
-18,98 |
|
b) Social costs |
-511.484,00 |
-5,77 |
-486.855,13 |
-5,73 |
-431.902,97 |
-4,77 |
|
7. Other operating costs |
-1.686.075,06 |
-19,01 |
-1.385.643,25 |
-16,32 |
-1.636.999,69 |
-18,09 |
|
a) External services |
-1.678.985,50 |
-18,93 |
-1.374.528,07 |
-16,19 |
-1.622.024,54 |
-17,92 |
|
b) Taxes |
-7.089,56 |
-0,08 |
-11.115,18 |
-0,13 |
-14.975,15 |
-0,17 |
|
8. Amortization of fixed assets |
-250.098,09 |
-2,82 |
-303.082,49 |
-3,57 |
-312.227,86 |
-3,45 |
|
9. Allocation of subventions on non financial investments and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
1.248,94 |
0,01 |
909,07 |
0,01 |
-844,71 |
-0,01 |
|
b) Results for disposals and others |
1.248,94 |
0,01 |
909,07 |
0,01 |
-844,71 |
-0,01 |
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
33.931,48 |
0,38 |
|
|
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 +
12 + 13) |
600.069,26 |
6,76 |
421.934,66 |
4,97 |
639.920,58 |
7,07 |
|
14. Financial income |
24.710,05 |
0,28 |
123.277,58 |
1,45 |
78.068,19 |
0,86 |
|
a) From net worth instruments participations |
7,00 |
0,00 |
71.913,24 |
0,85 |
|
|
|
a 2) On third parties |
7,00 |
0,00 |
71.913,24 |
0,85 |
|
|
|
b) From negotiable values and other financial instruments |
24.703,05 |
0,28 |
51.364,34 |
0,60 |
18.900,00 |
0,21 |
|
b 2) From third parties |
24.703,05 |
0,28 |
51.364,34 |
0,60 |
18.900,00 |
0,21 |
|
c) Allocation of financial legacies, grants and subventions |
|
|
|
|
59.168,19 |
0,65 |
|
15. Financial expenses |
-368.694,39 |
-4,16 |
-349.183,52 |
-4,11 |
-393.027,04 |
-4,34 |
|
b) For debts with third parties |
-368.694,39 |
-4,16 |
-349.183,52 |
-4,11 |
-393.027,04 |
-4,34 |
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
-3.784,42 |
-0,04 |
|
|
5.416,90 |
0,06 |
|
18. Deterioration and result for disposal of financial instruments |
15.723,27 |
0,18 |
30.181,67 |
0,36 |
-500,00 |
-0,01 |
|
a) Deteriorations and losses |
|
|
|
|
-500,00 |
-0,01 |
|
b) Results for disposals and others |
15.723,27 |
0,18 |
30.181,67 |
0,36 |
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
-332.045,49 |
-3,74 |
-195.724,27 |
-2,30 |
-310.041,95 |
-3,43 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
268.023,77 |
3,02 |
226.210,39 |
2,66 |
329.878,63 |
3,64 |
|
20. Taxes on profits |
-35.257,05 |
-0,40 |
-67.863,11 |
-0,80 |
-43.666,76 |
-0,48 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3 + 20) |
232.766,72 |
2,62 |
158.347,28 |
1,86 |
286.211,87 |
3,16 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
232.766,72 |
2,62 |
158.347,28 |
1,86 |
286.211,87 |
3,16 |
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 |
232.766,72 |
158.347,28 |
286.211,87 |
|
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) |
232.766,72 |
158.347,28 |
286.211,87 |
Total net worth changes status
Figures given in
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
(NET WORTH OWN SHARES AND PARTICIPATIONS) |
RESULTS FROM PREVIOUS EXERCISES |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
405.683,17 |
3.034.139,17 |
-162.000,00 |
|
|
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) |
405.683,17 |
3.034.139,17 |
-162.000,00 |
|
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
-387.766,35 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
405.683,17 |
2.644.260,48 |
-162.000,00 |
0,03 |
|
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) |
405.683,17 |
2.644.260,48 |
-162.000,00 |
0,03 |
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
193.824,22 |
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
405.683,17 |
2.838.084,73 |
-162.000,00 |
|
|
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) |
405.683,17 |
2.838.084,73 |
-162.000,00 |
|
|
I. Total recognized income and expenses |
|
|
|
|
|
II. Operations with partners or owners |
|
|
|
-94.500,00 |
|
4. (-) Dividends distribution |
|
|
|
-94.500,00 |
|
III. Other net worth variations |
|
63.847,28 |
|
94.500,00 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
405.683,17 |
2.901.932,01 |
-162.000,00 |
|
|
NET WORTH CHANGES ( 3 /3) |
EXERCISE RESULT |
VALUE CHANGES ADJUSTMENTS |
TOTAL |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2008) |
166.627,46 |
91.761,00 |
3.536.210,80 |
|
|
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) |
166.627,46 |
91.761,00 |
3.536.210,80 |
|
|
I. Total recognized income and expenses |
286.211,87 |
|
286.211,87 |
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
-166.627,46 |
-91.761,00 |
-646.154,81 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
286.211,87 |
|
3.174.155,55 |
|
|
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) |
286.211,87 |
|
3.174.155,55 |
|
|
I. Total recognized income and expenses |
158.347,28 |
|
158.347,28 |
|
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
-286.211,87 |
|
-92.387,65 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
158.347,28 |
|
3.240.115,18 |
|
|
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) |
158.347,28 |
|
3.240.115,18 |
|
|
I. Total recognized income and expenses |
232.766,72 |
|
232.766,72 |
|
|
II. Operations with partners or owners |
|
|
-94.500,00 |
|
|
4. (-) Dividends distribution |
|
|
-94.500,00 |
|
|
III. Other net worth variations |
-158.347,28 |
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
232.766,72 |
|
3.378.381,90 |
|
CASH FLOW STATUS
Figures given in
|
|
31/12/2011 (12) |
31/12/2010 (12) |
31/12/2009 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
|
|
1. exercise result before taxes |
268.023,77 |
226.210,39 |
329.878,63 |
|
2. Results adjustments |
208.863,55 |
89.800,17 |
176.800,10 |
|
a) Amortization of fixed assets (+) |
250.098,09 |
303.082,49 |
312.227,86 |
|
d) Grants allocation (-) |
-41.234,54 |
-145.419,21 |
-91.761,00 |
|
k) Other income and expenses (-/+) |
|
-67.863,11 |
-43.666,76 |
|
3. Changes in current capital |
2.051.448,18 |
710.081,10 |
1.889.423,60 |
|
a) Stocks (+/-) |
602.252,57 |
2.041.866,11 |
1.048.501,90 |
|
b) Debtors and other receivable accounts (+/-) |
-977.472,38 |
-654.529,52 |
740.764,95 |
|
d) Creditors and other payable accounts (+/-) |
1.039.572,42 |
-1.127.817,56 |
-780.134,02 |
|
e) Other current liabilities (+/-) |
38.700,57 |
|
|
|
f) Other non-current assets and liabilities (+/-) |
1.348.395,00 |
450.562,07 |
880.290,77 |
|
4. Other cash flow coming from operating activities |
-35.257,05 |
|
|
|
d) Collections (payments) for profit tax (+/-) |
-35.257,05 |
|
|
|
5. Cash flow coming from operating activities (1 + 2 + 3 + 4) |
2.493.078,45 |
1.026.091,66 |
2.396.102,33 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
|
|
6. Investment payments (-) |
-1.944.145,22 |
-834.700,81 |
-923.426,79 |
|
b) Intangible assets |
-1.486.273,94 |
-693.907,95 |
-791.955,21 |
|
c) Tangible assets |
-150.071,28 |
-23.589,87 |
-131.471,58 |
|
e) Other financial assets |
-307.800,00 |
-117.202,99 |
|
|
7. Disinvestment collections (+) |
89.041,45 |
|
155.098,09 |
|
b) Intangible assets |
89.041,45 |
|
|
|
h) Other assets |
|
|
155.098,09 |
|
8. Cash Flow in investment activities (6 + 7) |
-1.855.103,77 |
-834.700,81 |
-768.328,70 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
|
|
9. Net worth instruments collections and payments |
|
|
|
|
10. Financial liabilities instruments collections and payments |
-219.359,99 |
-956.592,50 |
-649.367,07 |
|
b) Return and amortization of |
-219.359,99 |
-956.592,50 |
-649.367,07 |
|
2. Debts with bank entities (-) |
-219.359,99 |
-956.592,50 |
-649.367,07 |
|
11. Payments for dividends and remunerations of other net worth
instruments |
-94.500,00 |
-94.500,00 |
-158.382,00 |
|
a) Dividends (-) |
-94.500,00 |
-94.500,00 |
-158.382,00 |
|
12. Cash Flow in financing activities (9 + 10 + 11) |
-313.859,99 |
-1.051.092,50 |
-807.749,07 |
|
D) Exchange rate variations effect |
|
|
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 + 12 + D) |
324.114,69 |
-859.701,65 |
820.024,56 |
|
Cash or equivalents at the beginning of the exercise |
276.591,81 |
1.136.293,46 |
316.268,90 |
|
Cash or equivalents at the end of the exercise |
600.706,53 |
276.591,82 |
1.136.293,46 |
RATIOS
|
|
31/12/2011 (12) |
CHANGE % |
31/12/2010 (12) |
CHANGE % |
31/12/2009 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital () |
205.218,96 |
-37,66 |
329.213,65 |
34,78 |
244.263,63 |
|
Working capital ratio |
0,02 |
-50,00 |
0,04 |
100,00 |
0,02 |
|
Soundness Ratio |
0,55 |
-22,54 |
0,71 |
-10,13 |
0,79 |
|
Average Collection Period (days) |
144 |
54,44 |
93 |
81,12 |
51 |
|
Average Payment Period (days) |
190 |
45,05 |
131 |
-23,69 |
172 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
103,96 |
-3,51 |
107,74 |
3,81 |
103,79 |
|
Quick Ratio (%) |
12,58 |
72,09 |
7,31 |
-58,56 |
17,64 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
40,51 |
6,75 |
37,95 |
2,37 |
37,07 |
|
External Financing Average Cost |
0,08 |
-20,00 |
0,10 |
0,00 |
0,10 |
|
Debt Service Coverage |
1,88 |
-44,54 |
3,39 |
104,22 |
1,66 |
|
Interest Coverage |
1,63 |
34,71 |
1,21 |
-25,77 |
1,63 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
33,27 |
147,91 |
13,42 |
-54,66 |
29,60 |
|
Auto financing generated by Assets (%) |
21,61 |
92,95 |
11,20 |
-49,87 |
22,34 |
|
Breakdown Point |
1,09 |
2,83 |
1,06 |
-2,75 |
1,09 |
|
Average Sales Volume per Employee |
149.875,11 |
-0,07 |
149.974,11 |
-5,52 |
158.737,54 |
|
Average Cost per Employee |
46.421,94 |
7,67 |
43.115,30 |
2,30 |
42.147,48 |
|
Assets Turnover |
0,65 |
-22,62 |
0,84 |
10,53 |
0,76 |
|
Inventory Turnover (days) |
118 |
-23,60 |
154 |
-40,64 |
260 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
5,20 |
12,80 |
4,61 |
-22,78 |
5,96 |
|
Operating Profitability (%) |
7,38 |
-6,82 |
7,92 |
-10,71 |
8,87 |
|
Return on Equity (ROE) (%) |
7,93 |
13,61 |
6,98 |
-32,82 |
10,39 |
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 |
53,34 |
36,30 |
17,04 |
|
A) CURRENT ASSETS |
46,66 |
63,70 |
-17,04 |
|
LIABILITIES |
|||
|
A) NET WORTH |
29,28 |
59,02 |
-29,74 |
|
B) NON CURRENT LIABILITIES |
25,84 |
11,37 |
14,47 |
|
C) CURRENT LIABILITIES |
44,88 |
29,61 |
15,27 |
Results Analytical
Account
Figures given in %
|
|
COMPANY (2011) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
84,47 |
97,81 |
-13,34 |
|
Other operating income |
15,53 |
2,19 |
13,34 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-58,04 |
-55,95 |
-2,09 |
|
Variation in stocks of finished goods and work in progress |
12,40 |
1,22 |
11,18 |
|
GROSS MARGIN |
54,36 |
45,27 |
9,09 |
|
Other operating costs |
-19,01 |
-15,56 |
-3,45 |
|
Labour cost |
-26,16 |
-22,99 |
-3,17 |
|
GROSS OPERATING RESULT |
9,19 |
6,72 |
2,47 |
|
Amortization of fixed assets |
-2,82 |
-3,58 |
0,76 |
|
Deterioration and result for fixed assets disposal |
0,01 |
0,09 |
-0,08 |
|
Other expenses / income |
|
0,21 |
|
|
NET OPERATING RESULT |
6,76 |
3,44 |
3,32 |
|
Financial result |
-3,74 |
-1,50 |
-2,24 |
|
RESULT BEFORE TAX |
3,02 |
1,94 |
1,08 |
|
Taxes on profits |
-0,40 |
0,11 |
-0,51 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
2,62 |
2,05 |
0,57 |
|
Exercise result coming from discontinued operations net of taxes |
|
0,00 |
|
|
NET RESULT |
2,62 |
2,05 |
0,57 |
|
Amortization of fixed assets |
-2,82 |
-3,58 |
0,76 |
|
Deterioration and provisions variation |
0,00 |
-0,16 |
0,16 |
|
|
5,44 |
5,79 |
-0,35 |
Main Ratios
Figures given in
|
|
COMPANY (2011) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital () |
205.218,96 |
3.148.969,70 |
4.815.083,36 |
13.155.252,22 |
|
Working capital ratio |
0,02 |
0,17 |
0,36 |
0,55 |
|
Soundness Ratio |
0,55 |
1,14 |
1,79 |
3,68 |
|
Average Collection Period (days) |
144 |
79 |
110 |
147 |
|
Average Payment Period (days) |
190 |
90 |
126 |
151 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
103,96 |
146,41 |
238,95 |
383,23 |
|
Quick Ratio (%) |
12,58 |
4,59 |
37,79 |
144,65 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
40,51 |
2,27 |
9,47 |
27,23 |
|
External Financing Average Cost |
0,08 |
0,04 |
0,05 |
0,06 |
|
Debt Service Coverage |
1,88 |
0,04 |
1,14 |
8,86 |
|
Interest Coverage |
1,63 |
0,69 |
3,72 |
18,18 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
33,27 |
2,37 |
6,19 |
11,99 |
|
Auto financing generated by Assets (%) |
21,61 |
2,23 |
5,10 |
8,67 |
|
Breakdown Point |
1,09 |
1,01 |
1,03 |
1,07 |
|
Average Sales Volume per Employee |
149.875,11 |
115.024,60 |
171.268,61 |
298.961,76 |
|
Average Cost per Employee |
46.421,94 |
37.438,69 |
43.628,96 |
48.097,90 |
|
Assets Turnover |
0,65 |
0,48 |
0,75 |
1,14 |
|
Inventory Turnover (days) |
118 |
79 |
206 |
381 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
5,20 |
1,05 |
2,53 |
6,22 |
|
Operating Profitability (%) |
7,38 |
3,66 |
5,00 |
9,12 |
|
Return on Equity (ROE) (%) |
7,93 |
-2,93 |
5,01 |
12,54 |
ADDITIONAL INFORMATION
Consulted Sources
Mercantile Registrars
Chamber of Commerce / Camerdata
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
BOP
INTERNET
Telephone directory: Telefσnica Information Service
La propia empresa.
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 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.