MIRA INFORM REPORT
|
Report Date : |
05.03.2013 |
IDENTIFICATION DETAILS
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Name : |
ZARA HOME LOGISTICA SA |
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Registered Office : |
Avenida Deputacion, S/N - Pg Ind Sabon Edf
Inditex, 15142 Arteixo La Coruña |
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Country : |
Spain |
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Financials (as on) : |
31.01.2012 |
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Date of Incorporation : |
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Legal Form : |
Sole Corporation |
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Line of Business : |
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No. of 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 |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Spain |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
SPAIN - ECONOMIC OVERVIEW
spain's mixed capitalist economy is the 13th largest
in the world, and its per capita income roughly matches that of Germany and
France. However, after almost 15 years of above average GDP growth, the Spanish
economy began to slow in late 2007 and entered into a recession in the second
quarter of 2008. GDP contracted by 3.7% in 2009, ending a 16-year growth trend,
and by another 0.1% in 2010, before turning positive in 2011, making Spain the
last major economy to emerge from the global recession. The reversal in
Spain''s economic growth reflected a significant decline in construction amid
an oversupply of housing and falling consumer spending, while exports actually
have begun to grow. Government efforts to boost the economy through stimulus
spending, extended unemployment benefits, and loan guarantees did not prevent a
sharp rise in the unemployment rate, which rose from a low of about 8% in 2007
to over 20% in 2011. The government budget deficit worsened from 3.8% of GDP in
2008 to 9.2% of GDP in 2010, more than three times the euro-zone limit. Madrid
cut the deficit to 8.5% of GDP in 2011, a larger deficit than the 6% target
negotiated between Spain and the EU. Spain''s large budget deficit and poor
economic growth prospects have made it vulnerable to financial contagion from
other highly-indebted euro zone members despite the government''s efforts to
cut spending, privatize industries, and boost competitiveness through labor
market reforms. Spanish banks'' high exposure to the collapsed domestic
construction and real estate market also poses a continued risk for the sector.
The government oversaw a restructuring of the savings bank sector in 2010, and
provided some $15 billion in capital to various institutions. Investors remain
concerned that Madrid may need to bail out more troubled banks. The Bank of
Spain, however, is seeking to boost confidence in the financial sector by
pressuring banks to come clean about their losses and consolidate into stronger
groups.
Source
: CIA
Company name
ZARA HOME LOGISTICA SA
CIF/NIF: A08036733
Company situation: Active
EXECUTIVE SUMMARY
Identification
Current Business Name : ZARA
HOME LOGISTICA SA
Other names : YES
Current Address : AVENIDA DEPUTACION, S/N - PG IND SABON EDF INDITEX
Branches : 3
Telephone number : 981185400
Fax : 981185369
URL :
www.zarahome.com
Corporate e-mail : comunicacion@inditex.com
Trade Risk
Incidents : NO
R.A.I. : NO
Financial Information
Balance sheet latest sales (2012) : 8.673.476,00 € (Mercantile Register)
Result :
-490.465 €
Total Assets : 4.183.785 €
Share capital : 1.021.721,00 €
Employees : 256
Listed on a Stock Exchange : NO
Commercial Information
Incorporation date : 02/01/1936
Activity : Supporting transport act.
NACE 2009 CODE : 5229
International Operations : It
does not import nor export
Corporate Structure
President:
Parent Company:
Other Complementary Information
Latest filed accounts in the Mercantile Register: 2012
Latest act published in BORME: 19/11/2012 Appointments
Latest press article: 21/12/2005 LA VOZ DE GALICIA (LEGAL ANNOUNCEMENTS)
Bank Entities: There are
The date when this report was last updated is 28/02/2013.
The information contained in this report has been
investigated and contrasted on 08/01/2013
Rating Explanation
Financial situation
•
The company’s financial situation
is normal.
•
The company’s financial situation
evolution has been stable.
•
The sales evolution and results has
been negative.
•
The auditor’s opinion about the latest
accounts has been favourable.
Company Structure
•
The company’s capitalization degree
determines that its structure is sound.
•
The company’s 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 |
|
19/12/2012 |
Reduction |
10 |
•
New financial statements have been
uploaded. |
|
30/11/2012 |
Reduction |
14 |
•
There has been a change in the
formula version. |
|
23/03/2012 |
Reduction |
16 |
•
New financial statements have been
uploaded. |
|
23/01/2012 |
Equal |
17 |
•
There has been a variation in the
risk associated to the activity sector of the company. |
|
19/01/2012 |
Reduction |
17 |
•
New information has been loaded on
our systems. |
INCIDENTS 
Summary
LEGAL ACTIONS: No legal actions registered
ADMINISTRATIVE CLAIMS: No
administrative claims registered
AFFECTED BY:
1 Company / Companies in Insolvency Proceedings.
EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI - SECTORIAL
DEFAULTS OF PAYMENT
Summary
COMPANY NOT INCLUDED IN EXPERIAN BUREAU EMPRESARIAL BANK AND
MULTI - SECTORIAL DEFAULTS OF PAYMENT
•
There is no information related to the
nif/cif consulted in the in the EXPERIAN BUREAU EMPRESARIAL BANK AND MULTI -
SECTORIAL DEFAULTS OF PAYMENT file
This information comes from Experian Bureau Empresarial
Service, property of Experian Bureau de Crédito S.A. It could just be used for
businessmen or professionals and for the own aims of the business, and could
not be transferred or transmitted to third parties, copied, duplicate or
reproduce, nor incorporate to any owned or external database, or reuse it in
any direct or indirect way. Experian Bureau de Crédito S.A. may file you for
damages it may suffer in case of breaching any of the afore mentioned obligations.
Experian would not be responsible of the lack of accuracy in the supplied
information when it coincides with the one supplied by the creditor entities.
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
26/02/2013 17:02:52
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 €
|
|
31/01/2012 (12) BALANCE SHEET |
% ASSETS |
31/01/2011 (12) BALANCE SHEET |
% ASSETS |
31/01/2010 (12) BALANCE SHEET |
% ASSETS |
|
ASSETS |
|
|
|
|
|
|
|
A) NON CURRENT ASSETS |
351.935,00 |
8,41 |
393.205,00 |
7,92 |
467.159,00 |
10,75 |
|
B) CURRENT ASSETS |
3.831.850,00 |
91,59 |
4.570.965,00 |
92,08 |
3.879.634,00 |
89,25 |
|
LIABILITIES |
|
|
|
|
|
|
|
A) NET WORTH |
3.066.035,00 |
73,28 |
3.556.500,00 |
71,64 |
2.805.664,00 |
64,55 |
|
B) NON CURRENT LIABILITIES |
52.435,00 |
1,25 |
45.183,00 |
0,91 |
|
|
|
C) CURRENT LIABILITIES |
1.065.315,00 |
25,46 |
1.362.487,00 |
27,45 |
1.541.129,00 |
35,45 |
Profit and loss account analysis
Figures given in €
|
|
31/01/2012 (12) BALANCE SHEET |
% NET TURNOVER |
31/01/2011 (12) BALANCE SHEET |
% NET TURNOVER |
31/01/2010 (12) BALANCE SHEET |
% NET TURNOVER |
|
SALES |
8.673.476,00 |
|
9.908.608,00 |
|
9.129.474,00 |
|
|
GROSS MARGIN |
8.157.863,00 |
94,06 |
9.302.035,00 |
93,88 |
8.688.381,00 |
95,17 |
|
EBITDA |
-655.812,00 |
-7,56 |
1.148.114,00 |
11,59 |
1.820.594,00 |
19,94 |
|
EBIT |
-725.772,00 |
-8,37 |
1.066.295,00 |
10,76 |
1.736.984,00 |
19,03 |
|
NET RESULT |
-490.465,00 |
-5,65 |
750.836,00 |
7,58 |
1.210.922,00 |
13,26 |
|
EFFECTIVE TAX RATE (%) |
-30,00 |
0,00 |
30,00 |
0,00 |
30,01 |
0,00 |
COMPARATIVE SECTOR
ANALYSIS
Values table
Figures expressed in %
|
|
COMPANY (2012) |
SECTOR |
DIFFERENCE |
|
|
|
|
|
BALANCE SHEET ANALYSIS: % on
the total assets |
|
|
|
|
|
|
|
|
ASSETS |
|
|
|
|
|||
|
A) NON CURRENT ASSETS |
8,41 |
75,70 |
-67,29 |
|
|
|
|
|
A) CURRENT ASSETS |
91,59 |
24,30 |
67,29 |
|
|
|
|
|
LIABILITIES |
|
|
|
|
|||
|
A) NET WORTH |
73,28 |
47,81 |
25,47 |
|
|
|
|
|
B) NON CURRENT LIABILITIES |
1,25 |
33,38 |
-32,13 |
|
|
|
|
|
C) CURRENT LIABILITIES |
25,46 |
18,80 |
6,66 |
|
|
|
|
|
|
|
|
|
|
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|
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COMPANY (2012) |
SECTOR |
DIFFERENCE |
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PROFIT AND LOSS ACCOUNT
ANALYSIS: % on the total operating income |
|
|
|
|
|
|
|
|
SALES |
99,81 |
97,51 |
2,30 |
|
|
|
|
|
GROSS MARGIN |
93,88 |
39,55 |
54,33 |
|
|
|
|
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EBITDA |
-7,55 |
9,14 |
-16,69 |
|
|
|
|
|
EBIT |
-8,35 |
4,98 |
-13,33 |
|
|
|
|
|
NET RESULT |
-5,64 |
3,32 |
-8,96 |
|
|
|
|
Sector Composition
Compared sector (NACE 2009): 5229
Number of companies: 123
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 |
-490.465,00 |
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 |
0,00 |
|
Total of Amounts to be distributed |
-490.465,00 |
Dividends |
0,00 |
|
|
|
Carry over and others |
0,00 |
|
|
|
Compensation of previous exercises losses |
-490.465,00 |
|
|
|
Application total |
-490.465,00 |
Auditing
Source: filing of annual financial
statement 2012
Auditors’ opinion: FAVOURABLE
Auditor: KPMG AUDITORES S.L.
Auditing fees: 16.272,00 €
Facts subsequent to the closing
Source: Annual financial report 2011
After the closure no relevant facts requiring their inclusion
in the annual accounts have taken place.
ADDRESSES
Current Legal Seat Address:
AVENIDA DEPUTACION, S/N - PG IND SABON EDF INDITEX
15142 ARTEIXO LA CORUÑA
Previous Seat Address:
POLIGONO INDUSTRIAL SABON (B PAR) 79
15142 ARTEIXO LA CORUÑA
|
STREET |
POSTAL CODE |
TOWN |
PROVINCE |
|
CALLE MARE DE DEU DEL PILAR, 46 |
08440 |
CARDEDEU |
Barcelona |
|
CALLE CARRAMONTE (PG IND P5), S/N |
19171 |
CABANILLAS DEL CAMPO |
Guadalajara |
|
POLIGONO IND MECO R2 (PLATAFORMA
LOGISTICA), S/N - PARC. 10 |
28880 |
MECO |
Madrid |
There are 3 branches registered
CORPORATE STRUCTURE
ADMINISTRATIVE LINKS
|
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|
|
|
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Distribution of the administration board |
|
|
Governing body : 5 members (latest
change: 02/09/2010) Other Positions : 44 (latest change:
30/01/2012) Auditor : 2 (latest change:
07/11/2012) Operative Board Members : 4 (latest
change: 08/01/2013) Non-current positions : 44 (latest change:
14/02/2012) |
|
|
Main Board members, Directors and Auditor
Governing body
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
PRESIDENT |
DE CARDENAS BOTAS, EVA MARIA |
02/09/2010 |
|
MEMBER OF THE BOARD |
ALBA CASTRO, LORENA |
02/09/2010 |
|
MEMBER OF THE BOARD |
CORTIZAS GONZALEZ CRIADO, VICENTE |
02/09/2010 |
|
SECRETARY |
MONTEOLIVA DIAZ, JAVIER |
01/02/2006 |
|
|
|
|
Auditor
|
POSITION |
NAME AND SURNAME |
DATE APPOINTMENT |
|
AUDITOR |
KPMG AUDITORES SL |
24/01/2011 |
|
AUDITOR |
DELOITTE SL |
07/11/2012 |
There are 51 board members, directors and auditors
registered
Board members remuneration
Source: Annual financial report 2010
Board members remuneration: 0,00 €
|
POSITION |
NAME AND SURNAME |
|
General Manager |
DE CARDENAS BOTAS, EVA MARIA |
|
Financial Manager |
DE CARDENAS BOTAS, EVA MARIA |
|
Human Resources Director |
DE CARDENAS BOTAS, EVA MARIA |
|
Commercial Director |
DE CARDENAS BOTAS, EVA MARIA |
FINANCIAL LINKS
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ZARA HOME ESPAÑA SA |
A15340516 |
100,00 |
OWN SOURCES |
08/01/2013 |
There are 1 direct financial links through
shareholders registered
Majority shareholder of ZARA HOME ESPAÑA SA
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
INDUSTRIA DE DISEÑO TEXTIL SA |
A15075062 |
100,00 |
OWN SOURCES |
28/11/2012 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
INDUSTRIA DE DISEÑO TEXTIL SA |
A15075062 |
100,00 |
OWN SOURCES |
18/07/2011 |
|
|
LEON PASTOR RAMON |
|
33,21 |
MERCANTILE REGISTER |
31/01/2000 |
|
|
GONZALEZ FREIXA M. NIEVES |
|
10,91 |
MERCANTILE REGISTER |
31/01/2000 |
|
|
BUSINESS NAME |
TAX NUMBER/COUNTRY |
% |
SOURCE |
DATE REP. |
|
|
ZARA HOME UKRAINE LLC |
UKRAINE |
5,00 |
MERCANTILE REGISTER |
31/01/2010 |
POTENTIAL LINKS
Search for Link by Administrator
Search Criterion: ”EVA MARIA DE CARDENAS BOTAS”
|
COMPANY |
POSITION |
PROVINCE |
|
ZARA HOME ESPAÑA SA |
Presidente |
LA CORUÑA |
|
ZARA HOME DISEÑO SL |
Presidente |
LA CORUÑA |
In case you need more information you can request:Board
Members Monitoring
Search Criterion: ”ZARA GOME LOGISTICA SA”
URL: www.inditex.es
Grupo INDITEX - Inicio ... distribuidores de
moda del mundo, con ocho formatos comerciales: Zara, Pull & Bear, Massimo
Dutti, Bershka, Stradivarius, Oysho, Zara Home y Kiddy’s Class.
URL: modarapida.wordpress.com
Breve historia | Caso Estrategia Empresarial: Inditex
Inditex, Industrias de Diseño Textil, S.A, es desde el pasado mes de ... –Zara, Massimo Dutti, Pull & Bear, Bershka, Stradivarius,
Oysho, Zara Home y ... y al año siguiente, en 2007, se inaugura la Plataforma
logística en Alcalá Meco, Madrid.
BUSINESS INFORMATION
Incorporation date: 02/01/1936
Establishment date: 01/01/1856
Founder’s Name: aportado a la titular en la
fecha de su constitución
Code: 1759000
Activity: Supporting transport act.
NACE 2009 CODE: 5229
NACE 2009 Activity: Other transportation support
activities
Business: ALMACENAMIENTO, TRANSPORTE Y
DISTRIBUCION DE MATERIAS PRIMAS, ELABORADOS Y PRODUCTOS. SERVICIOS LOGISTICOS
DE GESTION DE ALMACENES. SERVICIOS DE COMERCIO EXTERIOR E INTERIOR, DESPACHO
ADUANERO. ESTUDIOS, PROYECTOS, ASIST
Latest employees figure: 256 (2013)
% of fixed employees: 64,06%
% of temporary employees: 35,94%
% of men: 43,97%
% of women: 56,03%
Source: Annual financial
report 2011
|
CATEGORY |
AVERAGE NUMBER OF EMPLOYEES |
MEN |
WOMEN |
|
Distribution by sexes |
|
124 |
158 |
COMMERCIAL OPERATIONS
PURCHASES
National Distribution: 100%
SALES
National Distribution: 100%
•
El 100% de su cifra de negocio
corresponde a la prestación de servicios al accionista único.
|
ENTITY |
BRANCH |
ADDRESS |
TOWN OR CITY |
PROVINCE |
|
BANCO DE SABADELL, S.A. |
0040 |
PZ ANSELM CLAVE 000012 |
CARDEDEU |
Barcelona |
|
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. |
|
|
|
|
There are 2 bank entities registered
FORMER NAMES:
•
TEXTIL RASE SA
LEGAL STRUCTURE
Constitution Data
Register Date: 02/01/1936
Legal form: Sole Corporation
Share capital: 1.021.721,00 €
Paid-up capital: 1.021.721,00 €
Obligation to fill in Financial Statements: YES
Chamber census: YES (2011)
B.O.R.M.E. (OFFICIAL GAZETTE OF THE MERCANTILE REGISTER)
Acts on activity: 2 (Last:
01/02/2006, first: 07/05/1992)
Acts on
administrators: 84 (Last: 19/11/2012, first: 08/04/1991)
Acts on
capital: 1 (Last: 07/05/1992)
Acts on
creation: 0
Acts on filed
accounts: 23 (Last: 13/12/2011, first: 27/12/1990)
Acts on
identification: 4 (Last: 01/02/2006, first: 07/05/1992)
Acts on
Information: 8 (Last: 27/07/2011, first: 07/05/1992)
Latest acts in B.O.R.M.E.
Other acts
|
ACT |
DATE |
NOTICE NUM. |
MERCANTILE REGISTER |
|
Appointments |
19/11/2012 |
471907 |
La Coruña |
|
Resignations |
24/02/2012 |
91061 |
La Coruña |
|
Appointments |
10/02/2012 |
68551 |
La Coruña |
|
Appointments |
26/01/2012 |
38869 |
La Coruña |
|
Re-elections |
23/01/2012 |
30463 |
La Coruña |
|
Appointments |
23/01/2012 |
30462 |
La Coruña |
|
Annual Filed Accounts (2010) |
13/12/2011 |
978234 |
La Coruña |
|
Resignations |
04/11/2011 |
437955 |
La Coruña |
|
Other concepts |
27/07/2011 |
311507 |
La Coruña |
|
Resignations |
27/07/2011 |
311507 |
La Coruña |
There are 122 acts registered
PRESS ARTICLES
Press summary by type of information (last five years)
Legal notices: 0
Structural Data: 0
Informative data: 0
Financial Information: 0
Negative information: 0
Business lines: 0
Historical press releases: 4 (Last:
21/12/2005, first: 17/04/1995)
Latest press article published
21/12/2005 LA VOZ DE GALICIA - LEGAL
ANNOUNCEMENTS
LA JUNTA GENERAL EXTRAORDINARIA DE TEXTIL RASE, S.A., CELEBRADA
EL 01/12/05, ACORDO EL CAMBIO DE SU DENOMINACION SOCIAL POR LA DE ZARA HOME
LOGISTICA, S.A., ASI COMO SUSTITUIR EL OBJETO SOCIAL QUE A PARTIR DE AHORA
COMPRENDERA, ENTRE OTRAS, LAS ACTIVIDADES DE ALMACENAMIENTO, TRANSPORTE Y
DISTRIBUCION DE MATERIAS PRIMAS O ELABORADAS, PRODUCTOS, BIENES Y OBJETOS.
PRESTACION DE SERVICIOS LOGISTICOS, DE GESTION DE ALMACENES Y REALIZACION DE
INVENTARIOS. PRESTACION DE SERVICIOS DE COMERCIO EXTERIOR, IMPORTACION,
EXPORTACION Y DESPACHO ADUANERO, INCLUYENDO EL REGIMEN DE DESPACHO ADUANERO EN
FACTORIAS Y EL REGIMEN DE DEPOSITO ADUANERO.
02/10/2000 LA VOZ DE GALICIA - LEGAL
ANNOUNCEMENTS
LA JUNTA GENERAL EXTRAORDINARIA DEL DIA 20-9-00 ACORDO
TRASLADAR EL DOMICILIO SOCIAL A LA AVENIDA DE LA DIPUTACION, EDIFICIO INDITEX,
ARTEIXO, A CORUÑA.
20/02/1999 LA VANGUARDIA - LEGAL
ANNOUNCEMENTS
EN LA JUNTA GRAL., CELEBRADA EL 25/1/99, SE ACORDO TRASLADAR
EL DOMICILIO SOCIAL DE ESTA CIA. SITO EN LA C/ VIRGEN DEL PILAR, 46, DE
CARDEDEU (BARCELONA), AL POLIGONO INDUSTRIAL DE SABON, PARCELA N.79-B, DE
ARTEIXO (A CORUÑA).
17/04/1995 LA VANGUARDIA - FINANCIAL
DATA
ESTA SDAD., FABRICANTE DE TEJIDOS, FACTURO 542 MM. DE PTAS.
EN EL EJERCICIO TERMINADO EL 31 DE ENERO. LOS BENEFICIOS SUBIERON A 53 MM. LA
ENTIDAD ESTA CONTROLADA POR EL GRUPO GALLEGO INDITEX, TITULAR DE LAS CADENAS DE
TIENDAS ZARA Y MASSIMO DUTTI. LA PLANTILLA ESTA FORMADA POR 32 PERSONAS.
There are 4 press articles registered for this
company
Complementary
Information
Financial Information
Por causas ajenas a nuestra voluntad el Depósito de cuentas
del Registro Mercantil del ejercicio 2012, se ha recibido erróneamente
Por causas ajenas a nuestra voluntad el deposito de cuentas
del ejercicio 2003 , se ha recibido erroneamente
Por causas ajenas a nuestra voluntad el deposito de cuentas
del ejercicio 2004 , se ha recibido erroneamente
Por causas ajenas a nuestra voluntad el deposito de cuentas
del ejercicio 1995 , se ha recibido erroneamente
Por causas ajenas a nuestra voluntad el deposito de cuentas
del ejercicio 2000 , se ha recibido erroneamente
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 19/12/2012.
SITUATION BALANCE-SHEET
Assets
Figures given in €
|
|
31/01/2012 (12) |
% ASSETS |
31/01/2011 (12) |
% ASSETS |
31/01/2010 (12) |
% ASSETS |
|
A) NON CURRENT ASSETS |
351.935,00 |
8,41 |
393.205,00 |
7,92 |
467.159,00 |
10,75 |
|
I. Intangible assets |
|
|
8,00 |
0,00 |
40,00 |
0,00 |
|
3. Patents, licences , trademarks and similars |
|
|
8,00 |
0,00 |
40,00 |
0,00 |
|
II. Tangible fixed assets |
335.750,00 |
8,03 |
392.697,00 |
7,91 |
466.619,00 |
10,73 |
|
2. Technical fittings and other tangible assets |
335.750,00 |
8,03 |
392.697,00 |
7,91 |
466.619,00 |
10,73 |
|
III. Real-estate investments |
|
|
|
|
|
|
|
IV. Long term investments in associated and affiliated
companies |
500,00 |
0,01 |
500,00 |
0,01 |
500,00 |
0,01 |
|
1. Net worth instruments |
500,00 |
0,01 |
500,00 |
0,01 |
500,00 |
0,01 |
|
V. Long Term Financial Investments |
|
|
|
|
|
|
|
VI. Assets by deferred taxes |
15.685,00 |
0,37 |
|
|
|
|
|
VII. Non current commercial debts |
|
|
|
|
|
|
|
B) CURRENT ASSETS |
3.831.850,00 |
91,59 |
4.570.965,00 |
92,08 |
3.879.634,00 |
89,25 |
|
I. Non-current assets maintained for sale |
|
|
|
|
|
|
|
II. Stocks |
|
|
|
|
|
|
|
III. Trade Debtors and other receivable accounts |
799.959,00 |
19,12 |
1.854.456,00 |
37,36 |
1.368.632,00 |
31,49 |
|
2. Clients group and associated companies |
785.887,00 |
18,78 |
1.853.420,00 |
37,34 |
1.366.732,00 |
31,44 |
|
4. Staff |
14.072,00 |
0,34 |
1.036,00 |
0,02 |
1.900,00 |
0,04 |
|
IV. Short term investments in associated and affiliated
companies |
3.027.112,00 |
72,35 |
2.701.686,00 |
54,42 |
2.510.561,00 |
57,76 |
|
2. Credits to companies |
3.026.789,00 |
72,35 |
2.701.190,00 |
54,41 |
2.510.561,00 |
57,76 |
|
5. Other financial assets |
323,00 |
0,01 |
496,00 |
0,01 |
|
|
|
V. Short term financial investments |
|
|
|
|
|
|
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Cash and equivalents |
4.779,00 |
0,11 |
14.823,00 |
0,30 |
441,00 |
0,01 |
|
1. Treasury |
4.779,00 |
0,11 |
14.823,00 |
0,30 |
441,00 |
0,01 |
|
TOTAL ASSETS (A + B) |
4.183.785,00 |
100,00 |
4.964.170,00 |
100,00 |
4.346.793,00 |
100,00 |
Net Worth and Liabilities
Figures given in €
|
|
31/01/2012 (12) |
% ASSETS |
31/01/2011 (12) |
% ASSETS |
31/01/2010 (12) |
% ASSETS |
|
A) NET WORTH |
3.066.035,00 |
73,28 |
3.556.500,00 |
71,64 |
2.805.664,00 |
64,55 |
|
A-1) Equity |
3.066.035,00 |
73,28 |
3.556.500,00 |
71,64 |
2.805.664,00 |
64,55 |
|
I. Capital |
1.021.721,00 |
24,42 |
1.021.721,00 |
20,58 |
1.021.721,00 |
23,51 |
|
1. Authorized capital |
1.021.721,00 |
24,42 |
1.021.721,00 |
20,58 |
1.021.721,00 |
23,51 |
|
II. Issue premium |
|
|
|
|
|
|
|
III. Reserves |
3.017.778,00 |
72,13 |
3.017.778,00 |
60,79 |
1.806.856,00 |
41,57 |
|
1. Legal and statutory |
204.344,00 |
4,88 |
204.344,00 |
4,12 |
204.344,00 |
4,70 |
|
2. Other funds |
2.813.434,00 |
67,25 |
2.813.434,00 |
56,67 |
1.602.512,00 |
36,87 |
|
IV. (Net worth own shares and participations) |
|
|
|
|
|
|
|
V. Results from previous years |
-482.999,00 |
-11,54 |
-1.233.835,00 |
-24,85 |
-1.233.835,00 |
-28,38 |
|
2. (Prior years losses) |
-482.999,00 |
-11,54 |
-1.233.835,00 |
-24,85 |
-1.233.835,00 |
-28,38 |
|
VI. Other loans from partners |
|
|
|
|
|
|
|
VII. Exercise Result |
-490.465,00 |
-11,72 |
750.836,00 |
15,13 |
1.210.922,00 |
27,86 |
|
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 |
52.435,00 |
1,25 |
45.183,00 |
0,91 |
|
|
|
I. Long term provisions |
52.285,00 |
1,25 |
45.183,00 |
0,91 |
|
|
|
4. Other provisions |
52.285,00 |
1,25 |
45.183,00 |
0,91 |
|
|
|
II. Long term debts |
|
|
|
|
|
|
|
III. Long term debts with associated and affiliated
companies |
|
|
|
|
|
|
|
IV. Liabilities by deferred taxes |
150,00 |
0,00 |
|
|
|
|
|
V. Long term periodifications |
|
|
|
|
|
|
|
VI. Non current trade creditors |
|
|
|
|
|
|
|
VII. Long term debts with special characteristics |
|
|
|
|
|
|
|
C) CURRENT LIABILITIES |
1.065.315,00 |
25,46 |
1.362.487,00 |
27,45 |
1.541.129,00 |
35,45 |
|
I. Liabilities related with non-current assets maintained
for sale |
|
|
|
|
|
|
|
II. Short term provisions |
|
|
|
|
|
|
|
III. Short term debts |
56.791,00 |
1,36 |
9.281,00 |
0,19 |
23.027,00 |
0,53 |
|
5. Other financial liabilities |
56.791,00 |
1,36 |
9.281,00 |
0,19 |
23.027,00 |
0,53 |
|
IV. Short term debts with associated and affiliated
companies |
|
|
321.787,00 |
6,48 |
526.062,00 |
12,10 |
|
V. Trade creditors and other payable accounts |
1.008.524,00 |
24,11 |
1.031.419,00 |
20,78 |
992.040,00 |
22,82 |
|
1. Suppliers |
446,00 |
0,01 |
153,00 |
0,00 |
|
|
|
b) Short term suppliers |
446,00 |
0,01 |
153,00 |
0,00 |
|
|
|
2. Suppliers group and associated companies |
54.169,00 |
1,29 |
114.148,00 |
2,30 |
114.449,00 |
2,63 |
|
3. Different creditors |
463.691,00 |
11,08 |
420.897,00 |
8,48 |
357.193,00 |
8,22 |
|
4. Staff (pending remunerations) |
186.718,00 |
4,46 |
161.165,00 |
3,25 |
140.541,00 |
3,23 |
|
6. Other debts with Public Administrations |
303.500,00 |
7,25 |
335.056,00 |
6,75 |
379.857,00 |
8,74 |
|
VI. Short term periodifications |
|
|
|
|
|
|
|
VII. Short term debts with special characteristics |
|
|
|
|
|
|
|
TOTAL NET WORTH AND LIABILITIES (A + B + C) |
4.183.785,00 |
100,00 |
4.964.170,00 |
100,00 |
4.346.793,00 |
100,00 |
PROFIT AND LOSS ACCOUNT
Figures given in €
|
|
31/01/2012 (12) |
%OPERATING INCOME |
31/01/2011 (12) |
%OPERATING INCOME |
31/01/2010 (12) |
%OPERATING INCOME |
|
A) CONTINUED OPERATIONS |
|
|
|
|
|
|
|
1. Net Turnover |
8.673.476,00 |
99,81 |
9.908.608,00 |
99,85 |
9.129.474,00 |
99,55 |
|
b) Services provided |
8.673.476,00 |
99,81 |
9.908.608,00 |
99,85 |
9.129.474,00 |
99,55 |
|
2. Variation in stocks of finished goods and work in
progress |
|
|
|
|
|
|
|
3. Works for its own assets |
|
|
|
|
|
|
|
4. Supplies |
-532.187,00 |
-6,12 |
-621.938,00 |
-6,27 |
-482.234,00 |
-5,26 |
|
b) Raw materials consumed |
-532.187,00 |
-6,12 |
-581.338,00 |
-5,86 |
-482.234,00 |
-5,26 |
|
c) Works carried out for other companies |
|
|
-40.600,00 |
-0,41 |
|
|
|
5. Other operating income |
16.574,00 |
0,19 |
15.365,00 |
0,15 |
41.141,00 |
0,45 |
|
a) Other incomes |
271,00 |
0,00 |
542,00 |
0,01 |
38.655,00 |
0,42 |
|
b) Operating grants included in the exercise result |
16.303,00 |
0,19 |
14.823,00 |
0,15 |
2.486,00 |
0,03 |
|
6. Labour cost |
-6.834.012,00 |
-78,64 |
-6.288.681,00 |
-63,37 |
-4.923.097,00 |
-53,68 |
|
a) Wages and similar expenses |
-5.032.158,00 |
-57,91 |
-4.667.987,00 |
-47,04 |
-3.659.933,00 |
-39,91 |
|
b) Social costs |
-1.801.854,00 |
-20,73 |
-1.620.694,00 |
-16,33 |
-1.263.164,00 |
-13,77 |
|
7. Other operating costs |
-1.979.663,00 |
-22,78 |
-1.865.240,00 |
-18,80 |
-1.944.690,00 |
-21,21 |
|
a) External services |
-1.976.005,00 |
-22,74 |
-1.859.331,00 |
-18,74 |
-1.933.175,00 |
-21,08 |
|
b) Taxes |
-3.658,00 |
-0,04 |
-5.909,00 |
-0,06 |
-9.552,00 |
-0,10 |
|
d) Other day to day expenses |
|
|
|
|
-1.963,00 |
-0,02 |
|
8. Amortization of fixed assets |
-69.960,00 |
-0,81 |
-81.819,00 |
-0,82 |
-83.610,00 |
-0,91 |
|
9. Allocation of subventions on non financial investments
and other |
|
|
|
|
|
|
|
10. Provisions excess |
|
|
|
|
|
|
|
11. Deterioration and result for fixed assets disposal |
|
|
|
|
|
|
|
12. Negative difference of business combinations |
|
|
|
|
|
|
|
13. Other results |
|
|
|
|
|
|
|
A.1) OPERATING RESULT (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 +
10 + 11 + 12 + 13) |
-725.772,00 |
-8,35 |
1.066.295,00 |
10,74 |
1.736.984,00 |
18,94 |
|
14. Financial income |
26.415,00 |
0,30 |
6.708,00 |
0,07 |
|
|
|
b) From negotiable values and other financial instruments |
26.415,00 |
0,30 |
6.708,00 |
0,07 |
|
|
|
b 1) From group and associated companies |
26.415,00 |
0,30 |
6.708,00 |
0,07 |
|
|
|
15. Financial expenses |
-1.306,00 |
-0,02 |
-380,00 |
0,00 |
-6.912,00 |
-0,08 |
|
a) For debts with associated and affiliated companies |
|
|
|
|
-6.912,00 |
-0,08 |
|
b) For debts with third parties |
-1.306,00 |
-0,02 |
-380,00 |
0,00 |
|
|
|
16. Reasonable value variation on financial instruments |
|
|
|
|
|
|
|
17. Exchange differences |
|
|
|
|
|
|
|
18. Deterioration and result for disposal of financial
instruments |
|
|
|
|
|
|
|
19. Other financial income and expenses |
|
|
|
|
|
|
|
A.2) FINANCIAL RESULT (14 + 15 + 16 + 17 + 18 + 19) |
25.109,00 |
0,29 |
6.328,00 |
0,06 |
-6.912,00 |
-0,08 |
|
A.3) RESULT BEFORE TAXES (A.1 + A.2) |
-700.663,00 |
-8,06 |
1.072.623,00 |
10,81 |
1.730.072,00 |
18,87 |
|
20. Taxes on profits |
210.198,00 |
2,42 |
-321.787,00 |
-3,24 |
-519.150,00 |
-5,66 |
|
A.4) EXERCISE RESULT COMING FROM CONTINUED OPERATIONS (A.3
+ 20) |
-490.465,00 |
-5,64 |
750.836,00 |
7,57 |
1.210.922,00 |
13,20 |
|
B) DISCONTINUED OPERATIONS |
|
|
|
|
|
|
|
21. Net of taxes exercise result coming from discontinued
operations |
|
|
|
|
|
|
|
A.5) EXERCISE RESULT (A.4 + 21) |
-490.465,00 |
-5,64 |
750.836,00 |
7,57 |
1.210.922,00 |
13,20 |
NET WORTH CHANGES
STATUS
Status of recognized income and expenses
Figures given in €
|
NET WORTH CHANGES (1/3) |
31/01/2012 (12) |
31/01/2011 (12) |
31/01/2010 (12) |
|
A) PROFIT AND LOSS ACCOUNT RESULT |
-490.465,00 |
750.836,00 |
1.210.922,00 |
|
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) |
-490.465,00 |
750.836,00 |
1.210.922,00 |
Total net worth changes status
Figures given in €
|
NET WORTH CHANGES ( 2 /3) |
AUTHORIZED CAPITAL |
RESERVES |
RESULTS FROM PREVIOUS
EXERCISES |
EXERCISE RESULT |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
1.021.721,00 |
1.806.856,00 |
-360.554,00 |
-873.281,00 |
|
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) |
1.021.721,00 |
1.806.856,00 |
-360.554,00 |
-873.281,00 |
|
I. Total recognized income and expenses |
|
|
|
1.210.922,00 |
|
II. Operations with partners or owners |
|
|
|
|
|
III. Other net worth variations |
|
|
-873.281,00 |
873.281,00 |
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
1.021.721,00 |
1.806.856,00 |
-1.233.835,00 |
1.210.922,00 |
|
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) |
1.021.721,00 |
1.806.856,00 |
-1.233.835,00 |
1.210.922,00 |
|
I. Total recognized income and expenses |
|
|
|
750.836,00 |
|
II. Operations with partners or owners |
|
|
1.210.922,00 |
-1.210.922,00 |
|
7. Other operations with partners or owners |
|
|
1.210.922,00 |
-1.210.922,00 |
|
III. Other net worth variations |
|
1.210.922,00 |
-1.210.922,00 |
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
1.021.721,00 |
3.017.778,00 |
-1.233.835,00 |
750.836,00 |
|
I. Adjustments by change of criteria in the exercise (2011) |
|
|
|
|
|
II. Adjustments by errors in the exercise (2011) |
|
|
|
|
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2012) |
1.021.721,00 |
3.017.778,00 |
-1.233.835,00 |
750.836,00 |
|
I. Total recognized income and expenses |
|
|
|
-490.465,00 |
|
II. Operations with partners or owners |
|
|
750.836,00 |
-750.836,00 |
|
7. Other operations with partners or owners |
|
|
750.836,00 |
-750.836,00 |
|
III. Other net worth variations |
|
|
|
|
|
FINAL ACCOUNT BALANCE OF EXERCISE (2012) |
1.021.721,00 |
3.017.778,00 |
-482.999,00 |
-490.465,00 |
|
NET WORTH CHANGES ( 3 /3) |
TOTAL |
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2009) |
1.594.742,00 |
|
||
|
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) |
1.594.742,00 |
|
||
|
I. Total recognized income and expenses |
1.210.922,00 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2010) |
2.805.664,00 |
|
||
|
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) |
2.805.664,00 |
|
||
|
I. Total recognized income and expenses |
750.836,00 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
7. Other operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2011) |
3.556.500,00 |
|
||
|
I. Adjustments by change of criteria in the exercise
(2011) |
|
|
||
|
II. Adjustments by errors in the exercise (2011) |
|
|
||
|
ADJUSTED ACCOUNT BALANCE, BEGINNING OF EXERCISE (2012) |
3.556.500,00 |
|
||
|
I. Total recognized income and expenses |
-490.465,00 |
|
||
|
II. Operations with partners or owners |
|
|
||
|
7. Other operations with partners or owners |
|
|
||
|
III. Other net worth variations |
|
|
||
|
FINAL ACCOUNT BALANCE OF EXERCISE (2012) |
3.066.035,00 |
|
||
CASH FLOW STATUS
Figures given in €
|
|
31/01/2012 (12) |
31/01/2011 (12) |
31/01/2010 (12) |
|
A) CASH FLOW COMING FROM OPERATING ACTIVITIES |
|
|
|
|
1. exercise result before taxes |
-700.663,00 |
1.072.623,00 |
1.730.072,00 |
|
2. Results adjustments |
50.647,00 |
120.294,00 |
90.523,00 |
|
a) Amortization of fixed assets (+) |
69.960,00 |
81.819,00 |
83.611,00 |
|
c) Change of Provisions (+/-) |
5.796,00 |
44.803,00 |
|
|
g) Financial income (-) |
-26.415,00 |
-6.708,00 |
|
|
f) Financial expenses (+) |
1.306,00 |
380,00 |
6.912,00 |
|
3. Changes in current capital |
1.075.388,00 |
-468.056,00 |
670.719,00 |
|
b) Debtors and other receivable accounts (+/-) |
1.054.497,00 |
-485.824,00 |
428.858,00 |
|
c) Other current assets (+/-) |
|
|
300,00 |
|
d) Creditors and other payable accounts (+/-) |
20.891,00 |
16.352,00 |
37.163,00 |
|
e) Other current liabilities (+/-) |
|
1.416,00 |
204.398,00 |
|
4. Other cash flow coming from operating activities |
-335.160,00 |
-519.150,00 |
401.764,00 |
|
c) Interests collections (+) |
|
|
27.501,00 |
|
d) Collections (payments) for profit tax (+/-) |
-335.160,00 |
-519.150,00 |
374.263,00 |
|
5. Cash flow coming from operating activities (1 + 2 + 3 +
4) |
90.212,00 |
205.711,00 |
2.893.078,00 |
|
B) CASH FLOW COMING FROM INVESTING ACTIVITIES |
|
|
|
|
6. Investment payments (-) |
-100.256,00 |
-191.329,00 |
-2.522.764,00 |
|
a) Group and associated companies |
-90.975,00 |
-191.329,00 |
-2.510.561,00 |
|
c) Tangible assets |
-9.281,00 |
|
-12.203,00 |
|
7. Disinvestment collections (+) |
|
|
|
|
8. Cash Flow in investment activities (6 + 7) |
-100.256,00 |
-191.329,00 |
-2.522.764,00 |
|
C) CASH FLOW COMING FROM FINANCING ACTIVITIES |
|
|
|
|
9. Net worth instruments collections and payments |
|
|
|
|
10. Financial liabilities instruments collections and
payments |
|
|
-372.765,00 |
|
b) Return and amortization of |
|
|
-372.765,00 |
|
3. Debts with group and associated
companies (-) |
|
|
-372.765,00 |
|
11. Payments for dividends and remunerations of other net
worth instruments |
|
|
|
|
12. Cash Flow in financing activities (9 + 10 + 11) |
|
|
-372.765,00 |
|
D) Exchange rate variations effect |
|
|
|
|
E) NET CASH OR EQUIVALENTS INCREASE / REDUCTION (5 + 8 +
12 + D) |
-10.044,00 |
14.382,00 |
-2.451,00 |
|
Cash or equivalents at the beginning of the exercise |
14.823,00 |
441,00 |
2.892,00 |
|
Cash or equivalents at the end of the exercise |
4.779,00 |
14.823,00 |
441,00 |
RATIOS
|
|
31/01/2012 (12) |
CHANGE % |
31/01/2011 (12) |
CHANGE % |
31/01/2010 (12) |
|
BALANCE RATIOS |
|||||
|
Working Capital (€) |
2.766.535,00 |
-13,77 |
3.208.478,00 |
37,20 |
2.338.505,00 |
|
Working capital ratio |
0,66 |
1,54 |
0,65 |
20,37 |
0,54 |
|
Soundness Ratio |
8,71 |
-3,76 |
9,04 |
50,58 |
6,01 |
|
Average Collection Period (days) |
33 |
-50,80 |
67 |
24,67 |
54 |
|
Average Payment Period (days) |
145 |
-26,10 |
196 |
-13,10 |
225 |
|
LIQUIDITY RATIOS |
|||||
|
Current Ratio (%) |
359,69 |
7,21 |
335,49 |
33,27 |
251,74 |
|
Quick Ratio (%) |
0,45 |
-58,72 |
1,09 |
3.533,33 |
0,03 |
|
DEBT RATIOS |
|||||
|
Borrowing percentage (%) |
1,36 |
-79,61 |
6,67 |
-47,19 |
12,63 |
|
External Financing Average Cost |
0,02 |
|
0,00 |
-100,00 |
0,01 |
|
Debt Service Coverage |
0,63 |
-60,87 |
1,61 |
747,37 |
0,19 |
|
Interest Coverage |
-555,72 |
-119,80 |
2.806,04 |
1.016,61 |
251,30 |
|
GENERAL AND ACTIVITIES RATIOS |
|||||
|
Auto financing generated by sales (%) |
1,04 |
-50,00 |
2,08 |
-93,44 |
31,69 |
|
Auto financing generated by Assets (%) |
2,16 |
-47,83 |
4,14 |
-93,78 |
66,56 |
|
Breakdown Point |
0,92 |
-17,86 |
1,12 |
-9,68 |
1,24 |
|
Average Sales Volume per Employee |
33.880,77 |
-13,49 |
39.164,46 |
-10,77 |
43.891,70 |
|
Average Cost per Employee |
26.695,36 |
7,40 |
24.856,45 |
5,02 |
23.668,74 |
|
Assets Turnover |
2,07 |
3,50 |
2,00 |
-4,76 |
2,10 |
|
RESULTS RATIOS |
|||||
|
Return on Assets (ROA) (%) |
-17,35 |
-180,77 |
21,48 |
-46,25 |
39,96 |
|
Operating Profitability (%) |
-15,68 |
-167,75 |
23,13 |
-44,77 |
41,88 |
|
Return on Equity (ROE) (%) |
-22,85 |
-175,76 |
30,16 |
-51,09 |
61,66 |
SECTORIAL ANALYSIS
Balance Sheet and Financial Balance
Figures expressed in %
|
|
COMPANY (2012) |
SECTOR |
DIFFERENCE |
|
BALANCE SHEET ANALYSIS: % on
the total assets |
|
|
|
|
ASSETS |
|||
|
A) NON CURRENT ASSETS |
8,41 |
75,70 |
-67,29 |
|
A) CURRENT ASSETS |
91,59 |
24,30 |
67,29 |
|
LIABILITIES |
|||
|
A) NET WORTH |
73,28 |
47,81 |
25,47 |
|
B) NON CURRENT LIABILITIES |
1,25 |
33,38 |
-32,13 |
|
C) CURRENT LIABILITIES |
25,46 |
18,80 |
6,66 |
|
|
|
|
|
Results Analytical Account
Figures given in %
|
|
COMPANY (2012) |
SECTOR |
DIFFERENCE |
|
Net Turnover |
99,81 |
97,51 |
2,30 |
|
Other operating income |
0,19 |
2,49 |
-2,30 |
|
OPERATING INCOME |
100,00 |
100,00 |
0,00 |
|
Supplies |
-6,12 |
-60,51 |
54,39 |
|
Variation in stocks of finished goods and work in progress |
|
0,06 |
|
|
GROSS MARGIN |
93,88 |
39,55 |
54,33 |
|
Other operating costs |
-22,78 |
-15,38 |
-7,40 |
|
Labour cost |
-78,64 |
-15,30 |
-63,34 |
|
GROSS OPERATING RESULT |
-7,55 |
8,88 |
-16,43 |
|
Amortization of fixed assets |
-0,81 |
-4,02 |
3,21 |
|
Deterioration and result for fixed assets disposal |
|
0,11 |
|
|
Other expenses / income |
|
0,00 |
|
|
NET OPERATING RESULT |
-8,35 |
4,98 |
-13,33 |
|
Financial result |
0,29 |
-1,05 |
1,34 |
|
RESULT BEFORE TAX |
-8,06 |
3,92 |
-11,98 |
|
Taxes on profits |
2,42 |
-0,60 |
3,02 |
|
RESULT COMING FROM CONTINUED OPERATIONS |
-5,64 |
3,32 |
-8,96 |
|
Exercise result coming from discontinued operations net of
taxes |
|
0,00 |
|
|
NET RESULT |
-5,64 |
3,32 |
-8,96 |
|
Amortization of fixed assets |
-0,81 |
-4,02 |
3,21 |
|
Deterioration and provisions variation |
|
-0,15 |
|
|
|
-4,84 |
7,49 |
-12,33 |
Main Ratios
Figures given in €
|
|
COMPANY (2012) |
PTILE25 |
PTILE50 |
PTILE75 |
|
BALANCE RATIOS |
|
|
|
|
|
Working Capital (€) |
2.766.535,00 |
47.822,50 |
832.670,43 |
2.386.698,58 |
|
Working capital ratio |
0,66 |
0,00 |
0,12 |
0,20 |
|
Soundness Ratio |
8,71 |
0,59 |
1,06 |
2,72 |
|
Average Collection Period (days) |
33 |
66 |
95 |
129 |
|
Average Payment Period (days) |
145 |
77 |
102 |
155 |
|
LIQUIDITY RATIOS |
|
|
|
|
|
Current Ratio (%) |
359,69 |
100,76 |
120,13 |
152,37 |
|
Quick Ratio (%) |
0,45 |
5,72 |
15,77 |
41,23 |
|
DEBT RATIOS |
|
|
|
|
|
Borrowing percentage (%) |
1,36 |
6,44 |
20,47 |
41,83 |
|
External Financing Average Cost |
0,02 |
0,02 |
0,04 |
0,07 |
|
Debt Service Coverage |
0,63 |
0,42 |
2,85 |
7,92 |
|
Interest Coverage |
-555,72 |
2,08 |
4,18 |
18,83 |
|
GENERAL AND ACTIVITIES RATIOS |
|
|
|
|
|
Auto financing generated by sales (%) |
1,04 |
1,38 |
3,50 |
7,02 |
|
Auto financing generated by Assets (%) |
2,16 |
2,68 |
5,65 |
9,41 |
|
Breakdown Point |
0,92 |
1,01 |
1,03 |
1,06 |
|
Average Sales Volume per Employee |
33.880,77 |
177.649,97 |
335.703,66 |
607.366,17 |
|
Average Cost per Employee |
26.695,36 |
33.199,29 |
39.259,00 |
49.260,23 |
|
Assets Turnover |
2,07 |
1,17 |
1,99 |
2,60 |
|
Inventory Turnover (days) |
0 |
0 |
0 |
0 |
|
RESULTS RATIOS |
|
|
|
|
|
Return on Assets (ROA) (%) |
-17,35 |
2,68 |
5,08 |
8,75 |
|
Operating Profitability (%) |
-15,68 |
3,97 |
7,46 |
12,70 |
|
Return on Equity (ROE) (%) |
-22,85 |
6,38 |
16,84 |
27,25 |
ADDITIONAL
INFORMATION
Consulted Sources
Tax Administration / VIES Consultation
Tax Administration / Consultation by NIF
INTERNET
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.54.48 |
|
UK Pound |
1 |
Rs.82.71 |
|
Euro |
1 |
Rs.71.27 |
INFORMATION DETAILS
|
Report
Prepared by : |
NLM |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for
credit transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy.
General unfavourable factors will not cause fatal effect. Satisfactory
capability for payment of interest and principal sums |
Fairly
Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet
normal commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and
principal sums in default or expected to be in default upon maturity |
Limited
with full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be
exercised |
Credit
not recommended |
|
-- |
NB |
New
Business |
-- |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit
history (10%) Market
trend (10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.