MIRA INFORM REPORT

Report Date :

14.05.2013

IDENTIFICATION DETAILS

Name :	ASSISTANCE TECHNIQUE & COMMERCIALISATI
Registered Office :	193 Rue De La Croix Des Hormes, 69250 Montanay
Country :	France
Financials (as on) :	31.12.2011
Date of Incorporation :	January 1973
Com. Reg. No.:	RCS Lyon 7 301 190 757
Legal Form :	Simplified Joint Stock Company
Line of Business :	Manufacturer of dyes and pigments
No. of Employees :	20 to 49 employees

RATING & COMMENTS

MIRA’s Rating :

Ba

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory
Payment Behaviour :	No Complaints
Litigation :	Clear

NOTES:

Any query related to this report can be made on e-mail: infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31^st 2013

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

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

france ECONOMIC OVERVIEW

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

Source : CIA

Company summary

Name

ASSISTANCE TECHNIQUE & COMMERCIALISATI

SIRET

301 190 757 00056

Acronym	ATC
		EUR VAT Number	FR17301190757
Activity (APE)	Fabrication de colorants et de pigments (2012Z) (Manufacture of dyes and pigments (2012Z))	Legal form	Simplified joint stock company
Phone		RCS Registration	RCS Lyon 7 301 190 757
Fax		Share capital	191,360 Euros
Address	ASSISTANCE TECHNIQUE & COMMERCIALISATI ATC 193 RUE DE LA CROIX DES HORMES 69250 MONTANAY	Incorporated Date	10/1973
Nationality	France	Status	Economically active

No social security and tax office preferential right to date

Current Directors

4

Trading to Date	12/31/2011	12/31/2010	12/31/2009
Turnover	13,671,597 €	13,468,632 €	11,141,868 €
Gross Operating Surplus	13,30 % Turnover	22,09 % Turnover	18,02 % Turnover
Shareholders’ equity	5,386,729 €	5,809,664 €	4,618,535 €
Net result	1,576,569 €	2,191,192 €	1,297,966 €
Employees	20 to 49 employees		-

Trends
Profitability
Liquidity
Net worth

company details

Activity (APE)	Fabrication de colorants et de pigments (2012Z)
RCS Registration	RCS Lyon 7 301 190 757	Share capital	191,360 Euros
Registration Court	Lyon (69)	Legal form	Simplified joint stock company
Court Registry Number	19 7 3B008	EUR VAT Number	FR17301190757
Incorporation Date	10/1973	Formation Date	01/1973
Deregistration Date		Last account Date	31/12/2011
Nationality	France

Establishment details

Acronym	ATC
Activity (APE)	Ingénierie, études techniques (7112B)	Business Pages FT®
Postal Address	ASSISTANCE TECHNIQUE & COMMERCIALISATI  ATC  193 RUE DE LA CROIX DES HORMES  69250 MONTANAY	Trading Address	193 RUE DE LA CROIX DES HORMES  69250 MONTANAY
Telephone
Fax

Type	Head office	Status	Economically active
Formation Date	07/1994	Reason for formation	Other
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	Services	Activity Location	Office
Location surface		Seasonality

Department	Rhône (69)	Region	Rhône-Alpes
District	1	Area	25
City	MONTANAY	Size of urban area	Urban unit with 200 000 to 1 999 999 inhabitants

Other establishments

Branches	2 branch entities in this company
Head office	> ASSISTANCE TECHNIQUE & COMMERCIALISATI <<<  - Fabrication de colorants et de pigments (2012Z)  in MONTANAY  (69250)
Secondary establishments	>  ASSISTANCE TECHNIQUE & COMMERCIALISATI  - Fabrication de colorants et de pigments (2012Z)  in TREVOUX  (01600)

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

20 to 49 employees

Company workforce

20 to 49 employees

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts 

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2011	31/12/2010	31/12/2009
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	16/08/2012	19/07/2011	08/07/2010
Activity Code	2012Z	2012Z	2012Z
Employees	0	0	0

Active account

Annual Accounts	31/12/2011		31/12/2010		31/12/2009	Sector Median 2011
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	3 205 507	50,9%	2 124 633	69,5%	1 253 669	647 186	395,3%
- Intangible assets	20	-99,3%	2 775	-7,3%	2 994	7 312	-99,7%
- Tangible assets	2 241 056	66,6%	1 344 910	156,5%	524 347	293 492	663,6%
- Financial assets	964 431	24,1%	776 948	7,0%	726 328	9 933	9609,4%
Net current assets	17 770 246	9,9%	16 174 400	5,6%	15 312 115	5 125 491	246,7%
- Stocks	1 360 018	17,7%	1 155 242	22,4%	943 929	987 104	37,8%
- Advanced payments	0	9,9%	36 439	0%	0	0	0%
- Receivables	8 178 458	4,4%	7 834 879	13,9%	6 878 165	1 190 677	586,9%
- Securities and cash	8 231 770	15,2%	7 147 840	-4,6%	7 490 021	156 464	5161,1%
- Prepaid expenses	-	-	-	-	-	573	-
Accounts of regularization	10 068	-78,3%	46 459	-54,8%	102 889	0	0%
Total Assets	20 985 821	14,4%	18 345 492	10,1%	16 668 673	10 958 565	91,5%

Passive Account

Annual Accounts	31/12/2011		31/12/2010		31/12/2009	Sector Median 2011
Shareholders' equity	5 386 729	-7,3%	5 809 664	25,8%	4 618 535	3 072 100	75,3%
Share capital	191 360	0%	191 360	0%	191 360	222 042	-13,8%
Other capital resources	235 705	-12,1%	268 205	92,7%	139 205	0	0%
Risk Provisions	10 068	-84,6%	65 237	-31,6%	95 420	14 062	-28,4%
Liabilities	15 261 625	25,9%	12 124 746	2,8%	11 793 865	5 346 337	185,5%
- Financial liabilities	11 730 923	30,5%	8 986 409	-0,6%	9 042 400	380 287	2984,8%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	2 686 196	11,3%	2 413 091	12,6%	2 142 423	1 219 159	120,3%
- Tax and social liabilities	809 240	14,9%	704 448	18,3%	595 382	701 578	15,3%
- Other debts and fixed assets liabilities	126 958	29,0%	98 436	178,8%	35 308	126 958	0%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	20 985 820	14,4%	18 345 490	10,1%	16 668 673	10 958 565	91,5%

Results

Annual Accounts	31/12/2011		31/12/2010		31/12/2009	Sector Median 2011
Sales of Goods	14 123 783	3,8%	13 600 279	20,7%	11 267 444	9 065 198	55,8%
Net turnover	13 671 597	1,5%	13 468 632	20,9%	11 141 868	8 870 065	54,1%
- of which net export turnover	12 539 424	1,1%	12 404 954	19,1%	10 418 701	199 465	6186,5%
Operating charges	12 400 065	15,7%	10 720 743	15,3%	9 302 048	9 451 656	31,2%
Operating profit/loss	1 723 718	-40,1%	2 879 535	46,5%	1 965 396	763 289	125,8%
Financial income	1 016 978	-37,2%	1 618 198	501,5%	269 014	48 368	2002,6%
Financial charges	674 181	-48,7%	1 314 539	85,6%	708 439	138 159	388,0%
Financial profit/loss	342 797	12,9%	303 659	169,1%	-439 425	-635	54083,8%
Pretax net operating income	2 066 515	-35,1%	3 183 195	108,6%	1 525 971	460 775	348,5%
Extraordinary income	111 108	743,5%	13 173	3479,6%	368	43 438	155,8%
Extraordinary charges	127 345	78,2%	71 444	642,0%	9 629	10 798	1079,3%
Extraordinary profit/loss	-16 236	72,1%	-58 271	-529,2%	-9 261	5 334	-404,4%
Net result	1 576 569	-28,0%	2 191 192	68,8%	1 297 966	383 256	311,4%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2011	31/12/2010	31/12/2009
Months	12	12	12

Accounts - Active 
Current Assets |  Equalization accounts |  Reference 

Grand Total - Passive Accounts (I to IV)

			31/12/2011		31/12/2010		31/12/2009
	Grand Total (I to VI)	Net	20 985 821	14,4%	18 345 492	10,1%	16 668 673
	Gross	CO	22 267 671	12,8%	19 734 954	9,4%	18 041 504
	Amortisation	1A	1 281 850	-7,7%	1 389 462	1,2%	1 372 831

Non declared distributed capital (I)

		31/12/2011		31/12/2010		31/12/2009
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

			31/12/2011		31/12/2010		31/12/2009
	Total Active fixed asset (II)	Net	3 205 507	50,9%	2 124 633	69,5%	1 253 669
	Gross	BJ	4 367 689	37,3%	3 180 804	39,8%	2 275 122
	Amortisation	BK	1 162 182	10,0%	1 056 171	3,4%	1 021 453

Intangilble fixed assets

			31/12/2011		31/12/2010		31/12/2009
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	20	-99,3%	2 775	-7,3%	2 994
	Gross	AF	52 551	7,1%	49 051	-34,8%	75 264
	Amortisation	AG	52 531	13,5%	46 276	-36,0%	72 270
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	0	0%	0	0%	0
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	0	0%	0	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	20	-99,3%	2 775	-7,3%	2 994

Tangilble fixed assets

			31/12/2011		31/12/2010		31/12/2009
	Lands	Net	0	0%	0	0%	0
	Gross	AN	0	0%	0	0%	0
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	420 582	0%	0	0%	0
	Gross	AP	426 293	0%	0	0%	0
	Amortisation	AQ	5 711	0%	0	0%	0
	Plant	Net	1 298 818	353,0%	286 737	73,0%	165 705
	Gross	AR	2 040 663	128,0%	895 219	20,5%	743 205
	Amortisation	AS	741 845	21,9%	608 482	5,4%	577 500
	Other tangible fixed assets	Net	195 941	79,7%	109 058	-25,0%	145 427
	Gross	AT	558 036	9,3%	510 471	-1,3%	517 110
	Amortisation	AU	362 095	-9,8%	401 413	8,0%	371 683
	Fixed assets in construction	Net	0	0%	0	0%	0
	Gross	AV	0	0%	0	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	325 715	-65,7%	949 115	345,1%	213 215
	Gross	AX	325 715	-65,7%	949 115	345,1%	213 215
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	2 241 056		1 344 910		524 347

Financial assets

			31/12/2011		31/12/2010		31/12/2009
	Associates at equity	Net	0	0%	0	0%	659 794
	Gross	CS	0	0%	0	0%	659 794
	Amortisation	CT	0	0%	0	0%	0
	Other participations	Net	819 794	24,2%	659 794	0%	0
	Gross	CU	819 794	24,2%	659 794	0%	0
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	0	0%	0	0%	0
	Gross	BB	0	0%	0	0%	0
	Amortisation	BC	0	0%	0	0%	0
	Other investment securities	Net	0	0%	0	0%	0
	Gross	BD	0	0%	0	0%	0
	Amortisation	BE	0	0%	0	0%	0
	Loans	Net	0	0%	0	0%	0
	Gross	BF	0	0%	0	0%	0
	Amortisation	BG	0		0		0
	Other financial assets	Net	144 637	23,5%	117 154	76,1%	66 534
	Gross	BH	144 637	23,5%	117 154	76,1%	66 534
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		964 431		776 948		726 328

Current Assets (III)

			31/12/2011		31/12/2010		31/12/2009
	Total Assets	Net	17 770 246	9,9%	16 174 400	5,6%	15 312 115
	Gross	CJ	17 889 914	8,4%	16 507 691	5,4%	15 663 493
	Amortisation	CK	119 668	-64,1%	333 291	-5,1%	351 378

Stocks

			31/12/2011		31/12/2010		31/12/2009
	Raw materials	Net	942 818	26,5%	745 493	23,2%	605 062
	Gross	BL	942 818	26,5%	745 493	23,2%	605 062
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	0	0%	0	0%	0
	Gross	BN	0	0%	0	0%	0
	Amortisation	BO	0	0%	0	0%	0
	Work in progress (services)	Net	0	0%	0	0%	0
	Gross	BP	0	0%	0	0%	0
	Amortisation	BQ	0	0%	0	0%	0
	Semi-finished and finished products	Net	417 200	1,8%	409 749	20,9%	338 867
	Gross	BR	417 200	1,8%	409 749	20,9%	338 867
	Amortisation	BS	0	0%	0	0%	0
	Goods for resale	Net	0	0%	0	0%	0
	Gross	BT	0	0%	0	0%	0
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	1 360 018	17,7%	1 155 242	22,4%	943 929

Advance payments to suppliers

			31/12/2011		31/12/2010		31/12/2009
	Advance payments to suppliers	Net	0	0%	36 439	0%	0
	Gross	BV	0	0%	36 439	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2011		31/12/2010		31/12/2009
	Trade accounts receivable	Net	4 734 120	-7,0%	5 090 870	8,9%	4 674 304
	Gross	BX	4 789 210	-11,3%	5 400 122	8,3%	4 987 916
	Amortisation	BY	55 090	-82,2%	309 252	-1,4%	313 612
	Other debtors	Net	3 325 029	25,6%	2 646 785	27,0%	2 084 277
	Gross	BZ	3 325 029	25,6%	2 646 785	27,0%	2 084 277
	Amortisation	CA	0	0%	0	0%	0
	Capital subscribed and called up	Net	0	0%	0	0%	0
	Gross	CB	0	0%	0	0%	0
	Amortisation	CC	0	0%	0	0%	0
	Sub Total Debtors	Net	8 059 149	4,2%	7 737 655	14,5%	6 758 581

Divers

			31/12/2011		31/12/2010		31/12/2009
	Investment securities	Net	811 713	2,0%	795 447	8,2%	734 950
	Gross	CD	876 291	6,9%	819 486	6,1%	772 716
	Amortisation	CE	64 578	168,6%	24 039	-36,3%	37 766
	Cash and cash equivalents	Net	7 420 057	16,8%	6 352 393	-6,0%	6 755 071
	Gross	CF	7 420 057	16,8%	6 352 393	-6,0%	6 755 071
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	8 231 770	15,2%	7 147 840	-4,6%	7 490 021

Prepaid expenses

			31/12/2011		31/12/2010		31/12/2009
	Prepaid expenses	Net	119 309	22,7%	97 224	-18,7%	119 584
	Gross	CH	119 309	22,7%	97 224	-18,7%	119 584
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2011		31/12/2010		31/12/2009
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	10 068	-78,3%	46 459	-54,8%	102 889
Gross		10 068	-78,3%	46 459	-54,8%	102 889

References

		31/12/2011		31/12/2010		31/12/2009
Due within one year	CP	144 637	0%	0	0%	0
Due after one year	CR	63 671	-81,1%	337 357	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Grand Total - Passive Accounts (I to IV)

		31/12/2011		31/12/2010		31/12/2009
Grand Total (I to V)	EE	20 985 820	14,4%	18 345 490	10,1%	16 668 673

Shareholder Equity (I)

			31/12/2011		31/12/2010		31/12/2009
	Total shareholders' equity (Total I)	DL	5 386 729	-7,3%	5 809 664	25,8%	4 618 535
	Equity and shareholders' equity	DA	191 360	0%	191 360	0%	191 360
	Issue and merger premiums	DB	0	0%	0	0%	0
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	19 137	0%	19 137	0%	19 137
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	0	0%	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	3 599 663	5,6%	3 407 975	9,6%	3 110 072
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	0	0%	0	0%	0
	Profit or loss for the period	DI	1 576 569	-28,0%	2 191 192	68,8%	1 297 966
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

			31/12/2011		31/12/2010		31/12/2009
	Total other capital resources (Total II)	DO	235 705	-12,1%	268 205	92,7%	139 205
	Income from participating securities	DM	0	0%	0	0%	0
	Conditional loans	DN	235 705	-12,1%	268 205	92,7%	139 205

Provisions for risks and charges (III)

			31/12/2011		31/12/2010		31/12/2009
	Total provisions for risks and charges (Total III)	DR	10 068	-84,6%	65 237	-31,6%	95 420
	Risk provisions	DP	10 068	-84,6%	65 237	-31,6%	95 420
	Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

			31/12/2011		31/12/2010		31/12/2009
	Total Liabilities (Total IV)	EC	15 261 625	25,9%	12 124 746	2,8%	11 793 865
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	11 254 802	52,5%	7 378 029	-13,1%	8 486 912
	Sundry loans and financial liabilities	DV	476 121	-70,4%	1 608 380	189,5%	555 488
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	2 686 196	11,3%	2 413 091	12,6%	2 142 423
	Tax and social security liabilities	DY	809 240	14,9%	704 448	18,3%	595 382
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	35 265	69,6%	20 798	52,3%	13 660

Translation loss (V)

		31/12/2011		31/12/2010		31/12/2009
Translation loss (Total V)	ED	91 693	18,1%	77 638	258,6%	21 648

Equalization accounts

		31/12/2011		31/12/2010		31/12/2009
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2011		31/12/2010		31/12/2009
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	13 116 974	28,5%	10 209 619	-6,1%	10 870 932
Of which current bank facilities	EH	8 812 891	67,3%	5 267 786	-27,9%	7 302 725

Display parameter
Currency	Euro	Kilo Euro

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

1- Operating result (I-II)

		31/12/2011		31/12/2010		31/12/2009
Operating result (Total I-II)	GG	1 723 718	-40,1%	2 879 535	46,5%	1 965 396

2 - Financial result (V - VI)

		31/12/2011		31/12/2010		31/12/2009
Financial result (Total V-VI)	GV	342 797	12,9%	303 659	169,1%	-439 425

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

		31/12/2011		31/12/2010		31/12/2009
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	2 066 515	-35,1%	3 183 195	108,6%	1 525 971

4 - Extraordinary result (VII-VIII)

		31/12/2011		31/12/2010		31/12/2009
Extraordinary result (Total VII-VIII)	HI	-16 236	72,1%	-58 271	-529,2%	-9 261

Profit or loss

		31/12/2011		31/12/2010		31/12/2009
Profit or loss	HN	1 576 569	-28,0%	2 191 192	68,8%	1 297 966

Total Income (I+III+V+VII)

		31/12/2011		31/12/2010		31/12/2009
Total Income (I+III+V+VII)	HL	15 251 869	0,1%	15 231 650	32,0%	11 536 826

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

		31/12/2011		31/12/2010		31/12/2009
Total charges (Total II+IV+VI+VIII+IX+X)	HM	13 675 300	4,9%	13 040 458	27,4%	10 238 857

Operating income (I)

		31/12/2011		31/12/2010		31/12/2009
Total operating income (Total I)	FR	14 123 783	3,8%	13 600 279	20,7%	11 267 444

Operating income (details)

			31/12/2011		31/12/2010		31/12/2009
	Sale of goods for resale	FC	0	0%	0	0%	0
	France	FA	0	0%	0	0%	0
	Export	FB	0	0%	0	0%	0
	Sale of goods produced	FF	13 408 526	0,7%	13 316 076	21,0%	11 005 950
	France	FD	899 860	-10,3%	1 003 618	50,1%	668 850
	Export	FE	12 508 666	1,6%	12 312 458	19,1%	10 337 100
	Sale of services	FI	263 072	72,4%	152 555	12,2%	135 918
	France	FG	232 314	286,8%	60 059	10,6%	54 317
	Export	FH	30 758	-66,7%	92 496	13,4%	81 601
	Net turnover	FL	13 671 597	1,5%	13 468 632	20,9%	11 141 868
	France	FJ	1 132 173	6,4%	1 063 678	47,1%	723 167
	Export	FK	12 539 424	1,1%	12 404 954	19,1%	10 418 701
	Stocked production	FM	0	0%	0	0%	0
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	104 052	-10,4%	116 194	110,6%	55 170
	Release of reserves and provisions	FP	347 416	2379,4%	14 012	-75,3%	56 723
	Other income	FQ	717	-50,2%	1 441	-89,5%	13 683

Operating charges (II)

		31/12/2011		31/12/2010		31/12/2009
Total operating charges (Total II)	GF	12 400 065	15,7%	10 720 743	15,3%	9 302 048

Exploitation charges

		31/12/2011		31/12/2010		31/12/2009
Purchase of goods for resale	FS	0	0%	0	0%	0
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	4 513 180	4,2%	4 330 020	20,9%	3 582 026
Change in stocks of raw materials	FV	-204 776	3,1%	-211 312	-1757,7%	12 747
Other external purchases and charges	FW	5 208 073	17,3%	4 441 644	21,9%	3 642 229
Tax, duty and similar payments	FX	219 983	31,1%	167 780	-8,8%	184 038
Payroll	FY	1 525 849	17,6%	1 297 987	6,5%	1 218 874
Social security costs	FZ	695 654	19,2%	583 645	6,3%	549 037

Depreciation

		31/12/2011		31/12/2010		31/12/2009
Depreciation of fixed assets	GA	200 110	113,8%	93 609	-14,9%	110 053
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	503	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2011		31/12/2010		31/12/2009
Other charges	GE	241 993	1334,7%	16 867	454,1%	3 044

Operating charges (III-IV)

		31/12/2011		31/12/2010		31/12/2009
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

			31/12/2011		31/12/2010		31/12/2009
	Total financial income (Total V)	GP	1 016 978	-37,2%	1 618 198	501,5%	269 014
	Share financial income	GJ	45 000	46,3%	30 760	515,2%	5 000
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	88 611	367,0%	18 975	-53,6%	40 852
	Released provisions and transferred charges	GM	70 498	-43,1%	123 903	125,6%	54 914
	Exchange gains	GN	810 532	-43,6%	1 437 127	754,2%	168 248
	Net income from disposal of investment securities	GO	2 337	-68,6%	7 433	0%	0

Financial Charge (VI)

			31/12/2011		31/12/2010		31/12/2009
	Total financial charge (Total VI)	GU	674 181	-48,7%	1 314 539	85,6%	708 439
	Financial reserves and provisions	GQ	74 646	5,9%	70 498	-43,1%	123 903
	Interest and similar charges	GR	326 387	50,7%	216 566	-17,3%	261 971
	Exchange losses	GS	273 149	-73,4%	1 026 666	218,3%	322 565
	Net loss from disposal of investment securities	GT	0	0%	810	0%	0

Extraordinary income (VII)

			31/12/2011		31/12/2010		31/12/2009
	Total extraordinary income (Total VII)	HD	111 108	743,5%	13 173	3479,6%	368
	Extraordinary operating income	HA	0	0%	3 889	956,8%	368
	Extraordinary income from capital transactions	HB	92 330	0%	0	0%	0
	Released provisions and transferred charges	HC	18 778	102,3%	9 284	0%	0

Extraordinary charges (VIII)

			31/12/2011		31/12/2010		31/12/2009
	Total extraordinary charges (Total VIII)	HH	127 345	78,2%	71 444	642,0%	9 629
	Extraordinary operating charges	HE	44	-8,3%	48	2,1%	47
	Extraordinary charges from capital transactions	HF	127 301	141,9%	52 617	17556,7%	298
	Extraordinary reserves and provisions	HG	0	0%	18 778	102,3%	9 284

Employee profit sharing (IX)

		31/12/2011		31/12/2010		31/12/2009
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/12/2011		31/12/2010		31/12/2009
Tax on profits (Total X)	HK	473 709	-49,3%	933 732	326,9%	218 741

References

		31/12/2011		31/12/2010		31/12/2009
Of which equipment leases	HP	91 643	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	93 254	919,4%	9 148	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2011		31/12/2010		31/12/2009
	Gross value at begin of period	OG	0	0%	0	0%	0
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	0	0%	59 304	0%	0
	Gross value at the end of period	OL	0	0%	3 180 803	0%	0

Research and development Charge (Total I)

			31/12/2011		31/12/2010		31/12/2009
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2011		31/12/2010		31/12/2009
	Gross value at begin of period	KD	0	0%	75 264	0%	0
	Increasess due to revaluation	KE	0	0%	6 681	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	32 895	0%	0
	Gross value at the end of period	LW	0	0%	49 050	0%	0

Tangible fixed assets (Total III)

			31/12/2011		31/12/2010		31/12/2009
	Gross value at begin of period	LN	0	0%	1 473 531	0%	0
	Increasess due to revaluation	LO	0	0%	907 684	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	0	0%	26 409	0%	0
	Gross value at the end of period	NH	0	0%	2 354 806	0%	0

Fiancial assets (Total IV)

			31/12/2011		31/12/2010		31/12/2009
	Gross value at begin of period	LQ	0	0%	726 328	0%	0
	Increasess due to revaluation	LR	0	0%	50 619	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0	0%	0
	Gross value at the end of period	NK	0	0%	776 947	0%	0

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

			31/12/2011		31/12/2010		31/12/2009
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2011		31/12/2010		31/12/2009
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2011		31/12/2010		31/12/2009
	Reserve for depreciation value at begin of period	PE	0	0%	72 270	14,3%	63 227
Increases		PF	0	0%	6 901	-23,7%	9 043
Decreasess		PG	0	0%	32 895	0%	0
	Decreasess by budget item transfer	PH	0	0%	46 276	-36,0%	72 270

Total fixed assets amotisation (Total III)

			31/12/2011		31/12/2010		31/12/2009
	Reserve for depreciation value at begin of period	QU	0	0%	949 183	10,9%	855 884
Increases		QV	0	0%	86 708	-14,2%	101 009
Decreases		QW	0	0%	25 997	237,1%	7 712
	Decreasess by budget item transfer	QX	0	0%	1 009 894	6,4%	949 181

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

			31/12/2011		31/12/2010		31/12/2009
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2011		31/12/2010		31/12/2009
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/12/2011		31/12/2010		31/12/2009
	Value at begining of period	7C	0	0%	446 799	19,8%	372 809
Increases		UB	0	0%	89 779	-32,6%	133 187
Decreases		UC	0	0%	138 051	133,2%	59 197
	Value at the end of period	UD	0	0%	398 527	-10,8%	446 799

Includes Total allocations

Operating	UE	0	0%	503	0%	0
Financial	UG	0	0%	70 498	-43,1%	123 903
Exceptional	UJ	0	0%	18 778	102,3%	9 284

Includes Total Withdrawal

Operating	UF	0	0%	4 864	13,6%	4 283
Financial	UH	0	0%	123 903	125,6%	54 914
Exceptional	UK	0	0%	9 284	0%	0

Total regulated provisions (Total I)

			31/12/2011		31/12/2010		31/12/2009
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2011		31/12/2010		31/12/2009
	Value at begining of period	5Z	0	0%	95 421	0%	0
Increases		TV	0	0%	65 237	-31,6%	95 421
Decreases		TW	0	0%	95 421	0%	0
	Value at the end of period	TX	0	0%	65 237	-31,6%	95 421

Total Provision for depreciation (Total III)

			31/12/2011		31/12/2010		31/12/2009
	Value at begining of period	7B	0	0%	351 378	-5,7%	372 809
Increases		TY	0	0%	24 542	-35,0%	37 766
Decreases		TZ	0	0%	42 630	-28,0%	59 197
	Value at the end of period	UA	0	0%	333 290	-5,1%	351 378

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

		31/12/2011		31/12/2010		31/12/2009
Gross value	VT	0	0%	8 261 285	13,8%	7 258 312
1 year at most	VU	0	0%	6 488 584	-5,3%	6 854 421
More than one year	VV	0	0%	1 772 701	338,9%	403 891

State of loans

		31/12/2011		31/12/2010		31/12/2009
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	117 154	76,1%	66 534
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2011		31/12/2010		31/12/2009
Customers doubtful or disputed	VA	0	0%	332 996	-1,3%	337 357
Other claims customer	UX	0	0%	5 067 126	9,0%	4 650 560
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	4 134	-57,2%	9 667
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	245 164	27,4%	192 440
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	2 272 888	26,9%	1 791 782
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	124 599	37,8%	90 388

Prepaid

		31/12/2011		31/12/2010		31/12/2009
Prepaid	VS	0	0%	97 224	-18,7%	119 584

State Debt

			31/12/2011		31/12/2010		31/12/2009
	Total debt (gross)	VY	0	0%	12 124 747	2,8%	11 793 866
1 year at most		VZ2	0	0%	10 209 620	-6,1%	10 870 933
More than 1 year and 5 years at most		VZ3	0	0%	1 515 127	79,5%	843 996
More than 5 years		VZ4	0	0%	400 000	406,7%	78 937

Details

			31/12/2011		31/12/2010		31/12/2009
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	5 267 786	-27,9%	7 302 725
1 year at most		VG2	0	0%	5 267 786	-27,9%	7 302 725
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	2 110 242	78,2%	1 184 187
1 year at most		VH2	0	0%	195 115	-25,3%	261 254
More than 1 year and 5 years at most		VH3	0	0%	1 515 127	79,5%	843 996
	Loans and various financial liabilities (gross)	8A1	0	0%	2 285	9,6%	2 084
1 year at most		8A2	0	0%	2 285	9,6%	2 084
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	0	0%	2 413 091	12,6%	2 142 423
1 year at most		8B2	0	0%	2 413 091	12,6%	2 142 423
More than 1 year and 5 years at most		8B3	0	0%	2 413 091	12,6%	2 142 423
	Personnel and associated accounts (gross)	8C1	0	0%	483 755	19,1%	406 264
1 year at most		8C2	0	0%	483 755	19,1%	406 264
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	164 043	17,3%	139 804
1 year at most		8D2	0	0%	164 043	17,3%	139 804
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	184	0%	0
1 year at most		VW2	0	0%	184	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	56 467	14,5%	49 314
1 year at most		VQ2	0	0%	56 467	14,5%	49 314
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	0	0%	1 606 096	190,2%	553 405
1 year at most		VI2	0	0%	1 606 096	190,2%	553 405
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	20 798	52,3%	13 660
1 year at most		8K2	0	0%	20 798	52,3%	13 660
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2011		31/12/2010		31/12/2009
Loans made during the period	VJ	0	0%	1 111 220	28,4%	865 512
Debt repaid during the period	VK	0	0%	185 164	-19,5%	229 917

Table allocation results and other information 
Dividends distributed

		31/12/2011		31/12/2010		31/12/2009
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2011		31/12/2010		31/12/2009
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2011		31/12/2010		31/12/2009
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2011		31/12/2010		31/12/2009
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2011		31/12/2010		31/12/2009
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

		31/12/2011		31/12/2010		31/12/2009
Average number of employees	YP	0	0%	0	0%	0

Groups and Shareholders

		31/12/2011		31/12/2010		31/12/2009
Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

		31/12/2011		31/12/2010		31/12/2009	Sector Median 2011
Fixed Asset Financing		2,22	-35,3%	3,43	2,4%	3,35	1,36	63,2%
Global Debt		402 days	24,1%	324 days	-15,0%	381 days	118 days	240,7%
Working Capital Fund overall net		141 days	-31,9%	207 days	19,7%	173 days	136 days	3,7%
Financial independence		47,86%	-39,2%	78,74%	44,7%	54,42%	932,48%	-94,9%
More ratios
Solvability		26,79%	-19,1%	33,13%	16,1%	28,54%	45,44%	-41,0%
Capacity debt futures		%	-	106,35%	74,2%	61,06%	8381,12%	-
Coverage of current assets by net working capital overall		28,66%	-36,2%	44,90%	37,2%	32,72%	55,62%	-48,5%
General Liquidity			-	0,64	1,6%	0,63	0,80	-
Restricted Liquidity			-	1,34	1,5%	1,32	1,28	-

Management or rotation

		31/12/2011		31/12/2010		31/12/2009	Sector Median2011
Need background in operating working capital		155 days	0%	155 days	-3,1%	160 days	84 days	84,5%
Treasury		-14 days	-127,5%	51 days	628,6%	7 days	9 days	-255,6%
Inventory turnover of goods		days	-	days	-	days	0 days	-
Average length of credit granted to customers		126 days	-12,5%	144 days	-10,6%	161 days	54 days	133,3%
Average length of credit obtained suppliers		102 days	1,0%	101 days	-5,6%	107 days	56 days	82,1%
More ratios
Inventory turnover of raw materials in industrial enterprises		75 days	21,0%	62 days	1,6%	61 days	74 days	1,4%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	572 days	-	days	247 days	-
Rotation tangible assets		%	-	571,96%	-	%	228,94%	-

Profitability of the business

		31/12/2011		31/12/2010		31/12/2009	Sector Median2011
Margin trading		0%	0%	0%	0%	0	0%	0%
Profitability of the business		13,30	-39,8%	22,09	22,6%	18,02	8,65%	53,8%
Net profit		11,53%	-29,1%	16,27%	39,7%	11,65%	4,12%	179,9%
More ratios
Growth rate of turnover (excluding VAT)		1,51%	-92,8%	20,88%	107,3%	10,07%	5,34%	-71,7%
Rates integration		30,39%	-16,6%	36,44%	4,0%	35,05%	34,24%	-11,2%
Rate leasing furniture		0,67%	0%	0%	0%	0%	0%	0%
Work Factor		53,46%	39,4%	38,34%	-15,3%	45,27%	65,19%	-18,0%
Weight interests		4,93	-49,5%	9,76%	53,5%	6,36%	0,92%	435,9%

Return on capital

		31/12/2011		31/12/2010		31/12/2009	Sector Median 2011
Cash flow from the overall profitability		13,80%	-18,8%	16,99%	27,7%	13,30%	12,57%	9,8%
Rates of economic profitability		10%	-50,0%	20%	33,3%	15%	15%	-33,3%
Financial profitability		5622434%	-7,5%	6077869%	27,7%	4757740%	3072100%	83,0%
Return on investment		12,97%	-44,3%	23,27%	60,0%	14,54%	9,50%	36,5%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion 

	31/12/2011		31/12/2010		31/12/2009	Sector Median 2011
Turnover	13 671 597	1,5%	13 468 632	20,9%	11 141 868	8 870 065 €	54,1%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	0	0%	0	0%	0
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	0 €	0%	0 €	0%	0 €	0 €	0%
	0,00 % CA	0%	0,00 % CA	0%	0,00 % CA	0 % CA	0%

Sale of goods produced	13 671 598	1,5%	13 468 631	20,9%	11 141 868
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	13 671 598 €	1,5%	13 468 631 €	20,9%	11 141 868 €	8 870 065 €	54,1%
	100, 0 % CA	0%	100,00 % CA	0%	100,00 % CA	100 % CA	0%

Trading margin	0	0%	0	0%	0	0	0%
+ Period Production	13 671 598	1,5%	13 468 631	20,9%	11 141 868	8 870 065	54,1%
- Purchase of raw materials	4 513 180	4,2%	4 330 020	20,9%	3 582 026
+/- Change in stocks of raw materiels	-204 776	3,1%	-211 312	-1757,7%	12 747
- Other external purchases and charges	5 208 073	17,3%	4 441 644	21,9%	3 642 229
Added value	4 155 121 €	-15,3%	4 908 279 €	25,7%	3 904 866 €	2 847 501 €	45,9%
	30,39 % CA	-16,6%	36,44 % CA	4,0%	35,05 % CA	34,24 % CA	-11,2%

Added value	4 155 121 €	-15,3%	4 908 279 €	25,7%	3 904 866 €	2 847 501 €	45,9%
+ Operating grants	104 052	-10,4%	116 194	110,6%	55 170
- Tax, duty and similar payments	219 983	31,1%	167 780	-8,8%	184 038
- Personal charges	2 221 503	18,1%	1 881 632	6,4%	1 767 911
Gross operating surplus	1 817 687 €	-38,9%	2 975 061 €	48,2%	2 008 087 €	793 792 €	129,0%
	13,30 % CA	-39,8%	22,09 % CA	22,6%	18,02 % CA	8,65 % CA	53,8%

Gross operating surplus	1 817 687 €	-38,9%	2 975 061 €	48,2%	2 008 087 €	793 792 €	129,0%
+ Release of reserves and provisions	347 416	2379,4%	14 012	-75,3%	56 723
+ Other operating income	717	-50,2%	1 441	-89,5%	13 683
- Depreciation/Amortisation	200 110	112,6%	94 112	-14,5%	110 053
- Other charges	241 993	1334,7%	16 867	454,1%	3 044
Operating result	1 723 717 €	-40,1%	2 879 535 €	46,5%	1 965 396 €	763 289 €	125,8%
	12,61 % CA	-41,0%	21,38 % CA	21,2%	17,64 % CA	6,08 % CA	107,4%

Operating result	1 723 717 €	-40,1%	2 879 535 €	46,5%	1 965 396 €	763 289 €	125,8%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	1 016 978	-37,2%	1 618 198	501,5%	269 014
- Financial charges	674 181	-48,7%	1 314 539	85,6%	708 439
Pre-tax result	2 066 514 €	-35,1%	3 183 194 €	108,6%	1 525 971 €	460 775 €	348,5%
	15,12 % CA	-36,0%	23,63 % CA	72,5%	13,70 % CA	4,55 % CA	232,3%

Extraordinary income	111 108	743,5%	13 173	3479,6%	368	43 438	155,8%
- Extraordinary charges	127 345	78,2%	71 444	642,0%	9 629
Extraordinary result	-16 237 €	72,1%	-58 271 €	-529,2%	-9 261 €	5 334 €	-404,4%
	-0,12 % CA	72,1%	-0,43 % CA	-437,5%	0 % CA	0,24 % CA	-150,0%

Pre-tax result	2 066 514 €	-35,1%	3 183 194 €	108,6%	1 525 971 €	460 775 €	348,5%
Extraordinary result	-16 237 €	72,1%	-58 271 €	-529,2%	-9 261 €	5 334 €	-404,4%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	473 709	-49,3%	933 732	326,9%	218 741
Net result	1 576 568 €	-28,0%	2 191 191 €	68,8%	1 297 969 €	383 257 €	311,4%
	11,53 % CA	-29,1%	16,27 % CA	39,7%	11,65 % CA	4,12 % CA	179,9%

judgements

Collective procedures

No judgment information for the company

   Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Summary of preferential rights

Company monitored since	03/04/2009
Status of Monitoring	No social security and tax office preferential right to date

Group data

Linkages

No linked companies

Event History

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
06/09/2012	Bodacc C	Comptes annuels et rapports
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 6559 - 301190757 RCS. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme : Société par Actions Simplifiée. Adresse : 193 rue de la Croix des Hormes 69250 Montanay. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
27/06/2012	Bodacc B	Modification et mutation diverse
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 3058 - 301 190 757 RCS Lyon. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme : Société par Actions Simplifiée. Sigle : ATC. Administration : DUMOULIN Max nom d'usage : DUMOULIN n'est plus commissaire aux comptes titulaire. SA MAZARS ET GUERARD TURQUIN n'est plus commissaire aux comptes suppléant. SA MAZARS devient commissaire aux comptes titulaire. MAUREL Frédéric nom d'usage : MAUREL devient commissaire aux comptes suppléant. Activité : .  Commentaires : Modification de l'administration.
25/01/2012	Bodacc B	Modification et mutation diverse
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 3154 - 301 190 757 RCS Lyon. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme : Société par Actions Simplifiée. Sigle : ATC. Administration : GUALINO Jean-Pierre nom d'usage : GUALINO n'est plus président. Sté par actions simplifiée FINANCIERE JBPA devient président. GUALINO Jean-Pierre nom d'usage : GUALINO devient vice-président. GUALINO Jean-Baptiste Henri nom d'usage : GUALINO devient directeur général. GUALINO Pierre-Antoine nom d'usage : GUALINO devient directeur général. Activité : .  Commentaires : Modification de l'administration.
08/01/2012	Bodacc A	Vente et cession : Acheteur
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 864 - 301 190 757 RCS Lyon. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme : Société par Actions Simplifiée. Sigle : ATC. Capital : 191360 EUR. Adresse : 193 rue de la Croix des Hormes, 69250 Montanay.  Origine du fonds : Etablissement principal acquis par achat au prix stipulé de 270000 EUR. Etablissement : Etablissement principal. Activité : Un fonds de commerce d'ingénierie , de mise au point de procédés chimiques et d'assistance technique aux entreprises du secteur de la chimie (qui sera exploité au 193 Rue de la Croix des Hormes 69250 MONTANAY). Adresse : 193 allée de la Croix des Hormes, 69250 Montanay.  Précédent propriétaire : INGENIERIE ET PROCEDES POUR LA CHIMIE DU CUIR - IPC2. 445 061 260 RCS Lyon.  Date de commencement de l’activité : 01/01/2012. Publication légale : La Tribune de Lyon du 29/12/2011. Oppositions : Au Cabinet Berrucaz et Associés, 13 Rue Pierre Dugelay 69250 NEUVILLE SUR SAONE. Descriptif : . Commentaires : Achat d'un établissement principal par une personne morale lors de l'immatriculation.
29/12/2011	JAL	Activity or goodwill cession
Tribune de Lyon Date de décision : 02/12/2011  Cédant : 445061260 - INGENIERIE PROCEDES POUR CHIMI CUIR-IP, IPC2, 193 ALL CROIX DES HORMES, 69250 MONTANAY Cessionnaire : 301190757 - ASSISTANCE TECHNIQUE & COMMERCIALISATI, 193 RUE DE LA CROIX DES HORMES, 69250 MONTANAY Prix de vente : 270000 € Date d’effet : 01/01/2012
29/12/2011	JAL	Appointment of the social representative
Tribune de Lyon Société faisant l'objet d'une nomination : 301190757 - ASSISTANCE TECHNIQUE & COMMERCIALISATI, ATC, 193 RUE DE LA CROIX DES HORMES, 69250 MONTANAY  Nominé : Monsieur Pierre-Antoine GUALINO, 69270 CAILLOUX SUR FONTAINES En la fonction de : Président Nominé :  En la fonction de : Président Nominé : Monsieur Jean-Pierre GUALINO, 69250 FLEURIEU SUR SAONE En la fonction de : Vice-Président Nominé : Monsieur Jean-Baptiste GUALINO, 69800 ST PRIEST En la fonction de : Directeur général Date d'effet : 26/12/2011
29/12/2011	JAL	Resignation / Revocation of the social representative
Tribune de Lyon Date de décision : 26/12/2011 La société 301190757 - ASSISTANCE TECHNIQUE & COMMERCIALISATI, ATC, 193 RUE DE LA CROIX DES HORMES, 69250 MONTANAY  Fait l'objet du départ de Monsieur Jean-Pierre GUALINO, Allée du Pré Comte, 69250 FLEURIEU SUR SAONE Date d'effet : 26/12/2011
01/09/2010	Bodacc C	Comptes annuels et rapports
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 2655 - 301190757 RCS. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme : Société par Actions Simplifiée. Adresse : 193 rue de la Croix des Hormes 69250 Montanay. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
24/07/2009	Bodacc C	Comptes annuels et rapports
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 5106 - 301190757 RCS. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme : Société par Actions Simplifiée. Adresse : 193 rue de la Croix des Hormes 69250 Montanay. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
29/08/2008	Bodacc C	Comptes annuels et rapports
69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 6511 - 301190757 RCS. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme : Société par Actions Simplifiée. Adresse : 193 rue de la Croix des Hormes 69250 Montanay. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
21/11/2007	Bodacc C	Avis de dépôt des comptes
7554 - 301 190 757. RCS Lyon ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Sigle: ATC Forme: société par actions simplifiée. Adresse du siège social: 193 rue de la Croix des Hormes 69250 Montanay. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
07/07/2006	Bodacc C	Avis de dépôt des comptes
3524 - RCS Lyon B 301 190 757. RC 73-B 808. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme: S.A.S. Adresse du siège social: 193, Rue de la Croix des Horm,69250 Montanay. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
15/07/2005	Bodacc C	Avis de dépôt des comptes
3110 - RCS Lyon B 301 190 757. RC 73-B 808. ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Forme: société par actions simplifiée. Adresse du siège social: 193, Rue de la Croix des Horm,69250 Montanay. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
20/11/2001	Bodacc B	Modifications et mutations diverses
RCS Lyon 301190757 RC 73-B 00808 ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Sigle : A.T.C. Forme : S. A.S. Capital : 191 360 euros. Adresse du siège social : 193 rue de la Croix-des- Hormes, 69250 Montanay. Administration : ancien président du conseil d' administration : MEYER (Jacques, Jules). Nouveau président : GUALINO (Jean- Pierre), ancien directeur général et administrateur. Anciens administrateurs LE MEYER (Jeannine) et GUALINO (Annie). Commentaires : modification survenue sur la forme et le capital.
28/09/1999	Bodacc B	Modifications et mutations diverses
301190757. RCS Lyon. RC 73-B 808 ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Sigle : A.T.C. Forme : S.A. Capital : 1 248 000 F. Adresse du siège social : 193, rue de la Croix-des- Hormes, 69250 Montanay. Administration : nouvel administrateur : THOMAS (Annie), épouse GUALINO. Date d'effet : 26 juin 1999.
03/09/1999	Bodacc B	Modifications et mutations diverses
RCS Lyon 301190757 RC 73-b 808 ASSISTANCE TECHNIQUE ET COMMERCIALISATION. Sigle : A.T.C. Forme : S.A. Capital : 1 248 000 F. Adresse du siège social : 193, rue de la Croix-des- Hormes, 69250 Montanay. Administration : ancien commissaire aux comptes titulaire : FIDAUDIT (France) nouveau commissaire aux comptes titulaire : DUMOULIN (Max) ancien commissaire aux comptes suppléant : ROUCHOUSE (Pierre) nouveaux commissaires aux comptes suppléants : MAZARS et GUERARD TURQUIN. Date d'effet : 1 e r juin 1999.

Company events history

Date	Description
06/09/2012	Bodacc C : Deposit accounts notice
17/08/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
27/06/2012	Bodacc B: Various editing or changing
25/01/2012	Bodacc B: Various editing or changing
08/01/2012	Bodacc A : Sale and transfer
01/01/2012	Modification of Establishment Activity
31/12/2011	New accounts available
29/12/2011	Legal Gazette: Resignation / Revocation of the social representative
26/12/2011	Legal Gazette: Appointment of the social representative
02/12/2011	Legal Gazette: Activity or goodwill cession
20/07/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
31/12/2010	New accounts available
01/09/2010	Bodacc C : Deposit accounts notice
01/04/2010	Other modification of Establishment
01/04/2010	Formation of Establishment
31/12/2009	New accounts available
31/12/2009	Modification of Company Activity
31/12/2009	Modification of Establishment Activity
31/12/2009	Update of Company Activity
24/07/2009	Bodacc C : Deposit accounts notice
03/04/2009	Collection of preferential rights activated for this company
31/12/2008	New accounts available
29/08/2008	Bodacc C : Deposit accounts notice
31/12/2007	New accounts available
31/12/2006	New accounts available
31/12/2005	New accounts available
31/12/2004	New accounts available
31/12/2003	New accounts available
05/10/2001	Changement de Forme Juridique sans changement de catégorie
05/10/2001	Acte sous seing privé
05/10/2001	Modification du Conseil d'Administration
05/10/2001	Statuts mis à jour
05/10/2001	Nomination/démission des organes de gestion
05/10/2001	PV d'Assemblée
05/10/2001	Conversion du Capital Social en Euros
05/10/2001	Augmentation de Capital
01/08/2001	Nomination/démission des organes de gestion
01/08/2001	Requête et Ordonnance
20/08/1999	Acte sous seing privé
20/08/1999	Statuts
20/08/1999	Nomination/démission des organes de gestion
20/08/1999	PV d'Assemblée
20/08/1999	Statuts mis à jour
20/08/1999	Acte modificatif
21/07/1999	Nomination/démission des organes de gestion
21/07/1999	Acte modificatif
21/07/1999	PV d'Assemblée
21/07/1999	Changement de Commissaire aux Comptes
21/07/1999	Acte sous seing privé
18/08/1994	Acte modificatif
18/08/1994	Statuts
18/08/1994	PV d'Assemblée
18/08/1994	Transfert du Siège dans le ressort du Tribunal de Commerce
18/08/1994	Statuts mis à jour
16/08/1993	PV du Conseil d'Administration
16/08/1993	Acte modificatif
03/09/1992	Statuts
03/09/1992	Déclaration de conformité
03/09/1992	Statuts mis à jour
03/09/1992	Acte modificatif
03/09/1992	PV d'Assemblée
03/09/1992	Augmentation de Capital
05/12/1991	Modification du Conseil d'Administration
05/12/1991	Acte sous seing privé

Establishment events history

Date	Description
17/08/2012	Update Limit
05/01/2012	Update Rating
01/01/2012	Modification of Head office Activity
01/01/2012	Update of Establishment Activity
20/07/2011	Update Rating
20/07/2011	Update Limit
12/07/2010	Update Limit
12/07/2010	Update Rating
01/04/2010	Modification of Head office
31/12/2009	Update of Establishment Activity
31/12/2009	Modification of Head office
31/12/2009	Modification of Head office Activity
16/07/2009	Update Rating
24/07/2008	Update Limit
24/07/2008	Update Rating
16/12/2007	Update Limit
10/12/2007	Update Limit
08/12/2007	Update Limit
11/09/2007	Update Limit
11/09/2007	Update Rating

directors

Shareholder(s)

Name	FINANCIERE JBPA
Name of representative
Manager position	Président	Date of birth
Place of birth
Type	Moral person	Name at birth

Name	M. GUALINO JEAN-PIERRE
Manager position	Vice-président	Date of birth	30/12/1949
Place of birth	NEUVILLE SUR SAONE(69)
Type	Individual	Name at birth

Name	M. GUALINO JEAN-BAPTISTE HENRI
Manager position	Directeur général	Date of birth	23/03/1977
Place of birth	SAINTE FOY LES LYON(69)
Type	Individual	Name at birth

Name	M. GUALINO PIERRE-ANTOINE
Manager position	Directeur général	Date of birth	11/10/1980
Place of birth	SAINTE FOY LES LYON(69)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Président	M JEAN-PIERRE GUALINO	30/12/1949 - NEUVILLE SUR SAONE
Vice-président	M JEAN-PIERRE GUALINO	30/12/1949 - NEUVILLE SUR SAONE(69)

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.92
UK Pound	1	Rs.84.44
Euro	1	Rs.71.32

INFORMATION DETAILS

Report Prepared by :

MNL

RATING EXPLANATIONS

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

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

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

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

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

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