MIRA INFORM REPORT

 

 

Report Date :

13.11.2013

 

IDENTIFICATION DETAILS

 

Name :

COMPAR S.R.L.

 

 

Registered Office :

Via Garibaldi, 19 CASELLE 37121- Verona(VR)   

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2012

 

 

Date of Incorporation :

28.07.1989

 

 

Legal Form :

Limited liability company

 

 

Line of Business :

·         Manufacture of concrete products for the building industry

·         Construction of residential and non-residential buildings

 

 

No. of Employees :

90

 

RATING & COMMENTS

 

MIRA’s Rating :

C

 

RATING

STATUS

PROPOSED CREDIT LINE

<10

C

Absolute credit risk exists. Caution needed to be exercised

Credit not recommended

 

Status :

Under Liquidation Proceedings

Payment Behaviour :

Unknown

Litigation :

Clear

 

 

NOTES :

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

 

ECGC Country Risk Classification List – March 31st, 2013

 

Country Name

Previous Rating

(31.12.2012)

Current Rating

(31.03.2013)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

ITALY - ECONOMIC OVERVIEW

 

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is high. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 126% of GDP in 2012, and investor concerns about the broader euro-zone crisis at times have caused borrowing costs on sovereign government debt to rise to euro-era. During the second half of 2011 the government passed three austerity packages to reduce its budget deficit and help bring down borrowing costs. These measures included a hike in the value-added tax, pension reforms, and cuts to public administration. The government also faces pressure from investors and European partners to sustain its recent efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2012 economic growth and labor market conditions deteriorated, with growth at -2.3% and unemployment rising to nearly 11%, with youth unemployment around 35%. The government has undertaken several reform initiatives designed to increase long-term economic growth. Italy's GDP is now 7% below its 2007 pre-crisis level

Source : CIA

Company name and address

 

COMPAR S.R.L. IN LIQUIDAZIONE

 

 

Via Garibaldi, 19 CASELLE 37121- Verona(VR)-IT

 

 

Summary

 

 

Fiscal Code

:

02163580232

Legal Form

:

Limited liability company

start of Activities

:

28/07/1989

Equity

:

2.000.000

Turnover Range

:

unknown

Number of Employees

:

from 71 to 90

Firm's Status

:

In liquidation



Activity

 

Manufacture of concrete products for the building industry

Construction of residential and non-residential buildings

 

 

Legal Data

 

Legal Form :                        Limited liability company

Fiscal Code :                         02163580232

 

Foreign Trade Reg. no. :       27676 of Verona since 30/12/1994

 

Chamber of Commerce no. : 220405 of Verona since 24/10/1989

 

Firms' Register :                     VR091-29268 of Verona since 19/02/1996

 

V.A.T. Code :                          02163580232

 

Foundation date

: 28/07/1989

Establishment date

: 28/07/1989

Start of Activities

: 28/07/1989

Legal duration

: 31/12/2050

Nominal Capital

: 1.977.027

 

Subscribed Capital

: 1.977.027

 

Paid up Capital

: 1.977.027

 

 

 

Members

 

Vigano'

Giovanni

 

 

Born in Corte Franca

(BS)

on 13/11/1944

- Fiscal Code : VGNGNN44S13D058G

 

 

Residence:

 

Rensi

, 6

- 37121

Verona

(VR)

- IT -

 

Position

Since

Shares Amount

% Ownership

Liquidator

20/12/2012

 

 

 

No Protests registered

 

Sonato

Alfonso

 

 

Born in Verona

(VR)

on 11/08/1951

- Fiscal Code : SNTLNS51M11L781B

 

 

Residence:

 

Torricelle

, 20

- 37128

Verona

(VR)

- IT -

 

Position

Since

Shares Amount

% Ownership

Auditor

16/04/2013

 

 



Companies connected to members *

 

*checkings have been performed on a national scale.

 

In this module are listed the companies in which members hold or have holded positions.

 

Vigano'

Giovanni

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

PRECEM S.P.A.

Sommacampagna (VR) - IT -

00224790238

Chairman

Withdrawn

Registered

Precem SpA

Sommacampagna (VR) - IT -

 

Chairman

Withdrawn

Merged

Immobilnova Di De Biasi Laura, E C. S.n.c.

Verona (VR) - IT -

00579010232

Partner

Active

Registered

INGECO S.R.L.

Sommacampagna (VR) - IT -

02489260238

Board Chairman

Withdrawn

Registered

TECOS S.R.L.

Sommacampagna (VR) - IT -

02636050235

Chairman

Withdrawn

Registered

LONARDI PREFABBRICATI S.R.L.

VERONA (VR) - IT -

 

Managing Director

Withdrawn

Registered

LONARDI PREFABBRICATI S.R.L.

- -

01204710238

Managing Director

Withdrawn

Registered

Immobiliare Caselle S.p.a.

Verona (VR) - IT -

03380990238

Director

Active

Registered

Immobiliare Caselle S.p.a.

Verona (VR) - IT -

03380990238

Board Chairman

Active

Registered

 

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.



Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Gruppo Industriale Tosoni S.p.a.

Villafranca di Verona - IT -

00564610236

395.405 .Eur

20,00

MISTRO S.R.L.

Sandrigo - IT -

00196200240

39.540 .Eur

2,00

Impresa Edile Lonardi S.p.a.

Verona - IT -

00211270236

395.405 .Eur

20,00

Vigano' Giovanni

Verona - IT -

VGNGNN44S13D058G

316.326 .Eur

16,00

Vigano' Ambrogio

Brescia - IT -

VGNMRG39C31B157F

61.717 .Eur

3,12

Rovelli Giulio Franco

Verona - IT -

RVLGFR24L14D488B

79.317 .Eur

4,01

VIGANO' MINELLI LUIGIA

Mezzana Bigli - IT -

VGNLGU35L43B157C

158.163 .Eur

8,00

VIGANO ALBERTO

Verona - IT -

VGNLRT40R08B157D

191.238 .Eur

9,67

ROVELLI CARLO

Mezzana Bigli - IT -

RVLCRL56E03L781V

130.246 .Eur

6,58

VIGANO' CARLO

BRESCIA - IT -

VGNCRL67C07B157U

48.309 .Eur

2,44

VIGANO' STEFANO

BRESCIA - IT -

VGNSFN68P22B157G

48.136 .Eur

2,43

RINALDI EUGENIO

Sandrigo - IT -

RNLGNE43A04A271L

29.655 .Eur

1,50

VIGANO' FEDERICO

Sandrigo - IT -

VGNFRC72P01B157S

26.558 .Eur

1,34

VIGANO' ANDREA

Sandrigo - IT -

VGNNDR73R14B157E

26.558 .Eur

1,34

BERNA ALBERTO

Sandrigo - IT -

BRNLRT26C21E897M

11.217 .Eur

0,56

Muttoni Cesare

Sandrigo - IT -

MTTCSR32E03I531B

9.885 .Eur

0,50

Bovo Giuseppe

Verona - IT -

BVOGPP55E20L781S

5.157 .Eur

0,26

MINELLI GIOVANNI

Sandrigo - IT -

MNLGNN26C03B157Q

4.186 .Eur

0,21

 

 

Direct Participations

 

The Company under review has participations in the following Companies:

 

Firm's Style

Seat

Fiscal Code

Owned Shares Amount

% Ownership

since

until

Share Status

INGECO S.R.L.

Sommacampagna - IT -

02489260238

63.000.000 .Eur

35,00

 

 

Active

TECOS S.R.L.

Sommacampagna - IT -

02636050235

5.034.302 .Eur

10,00

 

 

Active

PRECEM DELL'ADRIATICO S.R.L.

Villesse - IT -

00404300311

157.788.000 .Eur

100,00

 

 

Active

PRECO LONARDI S.R.L.

Trento - IT -

00667110225

400.000.000 .Eur

100,00

 

 

Active

LONARDI PREFABBRICATI S.R.L.

 

01204710238

500.000.000 .Eur

100,00

 

 

Active



Firm's location and structure

 

-

Legal and operative seat

 

 

 

 

 

 

 

Garibaldi

, 19

- 37100

- Verona

(VR)

- IT -

 

 

 

 

Employees

: 83

 

 

 

 

Assistants

: 2

 

Fittings and Equipment for a value of 2.160.000

Eur

 

Stocks for a value of 7.940.000

Eur

 

 

 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

 

Vigano'

Giovanni

 

 

Born in Corte Franca

(BS)

on 13/11/1944

- Fiscal Code : VGNGNN44S13D058G

 

 

Residence:

 

Rensi

, 6

- 37121

Verona

(VR)

- IT -

 

 

Ex-Postions

Managing Director

Director

Managing Director

 

 

Lonardi

Graziano

 

 

Born in Verona

(VR)

on 20/12/1936

- Fiscal Code : LNRGZN36T20L781D

 

 

Residence:

 

Quattro Spade

, 6

- 37121

Verona

(VR)

- IT -

 

Ex-Postions

Vice-Chairman

Director

 

 

Vigano'

Ambrogio

 

 

Born in BRESCIA

(BS)

on 31/03/1939

- Fiscal Code : VGNMRG39C31B157F

 

 

Residence:

 

AMBARAGA

, 10

- 25100

Brescia

(BS)

- IT -

 

Ex-Postions

Director

 

 

Rovelli

Giulio Franco

 

 

Born in Fano

(PS)

on 14/07/1924

- Fiscal Code : RVLGFR24L14D488B

 

 

Residence:

 

della Repubblica

, 16

- 37100

Verona

(VR)

- IT -

 

Ex-Postions

Chairman

 

 

Rovelli

Giulio

 

 

Born in FANO

(PS)

on 14/07/1924

- Fiscal Code : RVLGLI24L14D488J

 

 

Residence:

 

DELLA REPUBBLICA

, 16

- 37100

Verona

(VR)

- IT -

 

Ex-Postions

Director

Board Chairman

 

 

Cusumano

Giannicola

 

 

 

Born in Verona

(VR)

on 31/07/1949

- Fiscal Code : CSMGNC49L31L781A

 

 

Residence:

 

Mazzini

, 20

- 37030

Colognola Ai Colli

(VR)

- IT -

 

Ex-Postions

Director

 

 

Brena

Cesare

 

 

Born in Verona

(VR)

on 11/01/1965

- Fiscal Code : BRNCSR65A11L781W

 

 

Residence:

 

San Fermo

, 13

- 37100

Verona

(VR)

- IT -

 

Ex-Postions

Temporary Auditor

 

 

Ferrari

Riccardo

 

 

Born in Roma

(RM)

on 30/12/1954

- Fiscal Code : FRRRCR54T30H501C

 

 

Residence:

 

Filippini

, 27

- 37121

Verona

(VR)

- IT -

 

Ex-Postions

Permanent Auditor

 

 

Cimetti

Roberto

 

 

Born in Verona

(VR)

on 06/06/1951

- Fiscal Code : CMTRRT51H06L781B

 

 

Residence:

 

Porta Palio

, 76

- 37100

Verona

(VR)

- IT -

 

Ex-Postions

Chairman of the Board of Aud.

 

 

Testa

Alessandro

 

 

Born in Milano

(MI)

on 14/06/1957

- Fiscal Code : TSTLSN57H14F205W

 

 

Residence:

 

Scalzi

, 20

- 37122

Verona

(VR)

- IT -

 

Ex-Postions

Temporary Auditor

 

 

Monai

Giuseppe

 

 

Born in TOLMEZZO

(UD)

on 12/03/1943

- Fiscal Code : MNOGPP43C12L195S

 

 

Residence:

 

ORESTE LEONARDI

, 26

- 37012

Bussolengo

(VR)

- IT -

 

Ex-Postions

Procurator

 

 

Beltrame Pome'

Roberto

 

 

Born in VERONA

(VR)

on 10/10/1946

- Fiscal Code : BLTRRT46R10L781A

 

 

Residence:

 

CALATAFIMI

, 5/A

- 37100

Verona

(VR)

- IT -

 

Ex-Postions

Procurator

 

 

Tosoni

Bruno

 

 

 

Born in Verona

(VR)

on 27/05/1956

- Fiscal Code : TSNBRN56E27L949W

 

 

Residence:

 

Catania

, 16

- 37069

Villafranca di Verona

(VR)

- IT -

 

Ex-Postions

Director

 

 

FIANCO

ROBERTO

 

 

Born in VERONA

(VR)

on 03/01/1943

- Fiscal Code : FNCRRT43A03L781B

 

 

Residence:

 

MONTE SUELLO

, 6

- 37100

Verona

(VR)

- IT -

 

Ex-Postions

Attorney with special power

 

 

MARCONI

RENATO

 

 

Born in NOGARA

(VR)

on 18/08/1954

- Fiscal Code : MRCRNT54M18F918P

 

 

Residence:

 

G.LEOPARDI

, 25

- 37068

Vigasio

(VR)

- IT -

 

Ex-Postions

Procurator

 

 

Lonardi

Attilio

 

 

Born in Verona

(VR)

on 27/12/1961

- Fiscal Code : LNRTTL61T27L781Y

 

 

Residence:

 

La Rizza

, 50/A

- 37135

Verona

(VR)

- IT -

 

Ex-Postions

Director

Assistant board Chairman

 

CEASINGS/INCORPORATIONS/MERGES

 

 

The company is in voluntary winding-up

 

 

Date

: 20/12/2012

 

The firm absorved

 

 

 

Ipres S.p.a.

 

 

 

Zabarella

, 38

, 35100

, Padova

(PD)

- IT -

 

 

Fiscal Code: 00223530288

 

 

Date

:

07/11/1994

 

The firm absorved

 

 

 

PRECEM S.P.A.

 

 

 

VERONA

, 18

, 37066

, Sommacampagna

(VR)

- IT -

 

 

Fiscal Code: 00224790238

 

 

Date

:

07/11/1994

 

The firm absorved

 

 

 

PRECO LONARDI S.R.L.

 

 

 

MONACHE

, 141

, 38100

, Trento

(TN)

- IT -

 

 

Fiscal Code: 00667110225

 

 

Date

:

07/11/1994

 

The firm absorved

 

 

 

PRECEM DELL'ADRIATICO S.R.L.

 

 

STRADA PER ROMANS D'ISONZO

, 34070

, Villesse

(GO)

- IT -

 

 

Fiscal Code: 00404300311

 

 

Date

:

07/11/1994

 

The firm absorbed by merging of

 

 

 

LONARDI PREFABBRICATI S.R.L.

 

 

, VERONA

(VR)

- IT -

 

 

Date

:

07/11/1994

 

Splitting-up project and setting-up of new co

 

 

Date

Merging/Splitting-up Project-New Company:

30/09/2003

 

Splitting-up and setting-up of a new company

 

 

 

IMMOBILIARE PIAZZOLA S.P.A.

 

 

Date

Splitting-up:

05/02/2004



Protests

 

Protests checking on the subject firm has given a negative result.

 

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.

 

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

Financial and Economical Analysis

 

Meaningless Balance-sheet analysis

The presence of detrimental items, apart from the financial-economic analysis, makes the company not suitable for business transactions on credit basis.



Financial Data

 

 

Complete balance-sheet for the year

31/12/2012

(in Eur

x 1)

 

Item Type

Value

Profit (Loss) for the period

-78.253

 

 

Complete balance-sheet for the year

31/12/2011

(in Eur

x 1)

 

Item Type

Value

Profit (Loss) for the period

-83.204

 

 

Complete balance-sheet for the year

31/12/2010

(in Eur

x 1)

 

Item Type

Value

Profit (Loss) for the period

-57.621



Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1

 

Years

2012

2011

2010

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

 

 

 

. . Industrial patent rights

 

 

 

. . Concessions,licenses,trademarks,etc.

 

 

 

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

 

 

 

. Total Intangible Fixed Assets

 

 

 

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

 

 

 

. . Plant and machinery

 

 

 

. . Industrial and commercial equipment

 

 

 

. . Other assets

 

 

 

. . Assets under construction and advances

 

 

 

. Total Tangible fixed assets

332

859

1.629

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

 

 

 

. . . Equity invest. in subsidiary companies

 

 

 

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

 

 

 

. . Financial receivables

 

 

2.000.000

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

2.000.000

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other securities

 

2.000.000

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

 

2.000.000

2.000.000

Total fixed assets

332

2.000.859

2.001.629

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

 

 

 

. . Work in progress and semimanufactured

 

 

 

. . Work in progress on order

 

 

 

. . Finished goods

 

 

 

. . Advance payments

 

 

 

. Total Inventories

 

 

 

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

49.027

427.276

295.641

. . Beyond 12 months

 

 

85.080

. . Trade receivables

 

 

1.617

. . . . Within 12 months

 

 

-83.463

. . . . Beyond 12 months

 

 

85.080

. . Receivables due from subsid. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

48.779

338.772

349.628

. . . . Within 12 months

48.779

338.772

349.628

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

248

88.504

29.476

. . . . Within 12 months

248

88.504

29.476

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

49.027

427.276

380.721

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

 

. Total Financial Assets

2.000.000

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

 

 

 

. . Checks

 

 

 

. . Banknotes and coins

 

 

 

. Total Liquid funds

298.409

127.531

172.826

Total current assets

2.347.436

554.807

553.547

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

71.145

48.662

13.987

Total adjustments accounts

71.145

48.662

13.987

TOTAL ASSETS

2.418.913

2.604.328

2.569.163

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

1.977.028

3.000.000

3.000.000

. Additional paid-in capital

 

63.673

63.673

. Revaluation reserves

 

 

 

. Legal reserve

 

 

 

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

-2

 

 

. Accumulated Profits (Losses)

 

-1.003.441

-945.821

. Profit( loss) of the year

-78.253

-83.204

-57.621

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

1.898.773

1.977.028

2.060.231

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

 

 

 

. . Other funds

 

 

 

Total Reserves for Risks and Charges

475.442

475.442

491.000

Employee termination indemnities

 

 

 

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

44.698

151.855

17.932

. . . . Beyond 12 months

 

 

 

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to other providers of finance

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Advances from customers

 

83.463

 

. . . . Within 12 months

 

83.463

 

. . . . Beyond 12 months

 

 

 

. . Trade payables

19.232

65

16.893

. . . . Within 12 months

19.232

65

16.893

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

54.485

 

. . . . Within 12 months

 

54.485

 

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

20.840

8.448

705

. . . . Within 12 months

20.840

8.448

705

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

4.378

5.139

86

. . . . Within 12 months

4.378

5.139

86

. . . . Beyond 12 months

 

 

 

. . Other payables

248

255

248

. . . . Within 12 months

248

255

248

. . . . Beyond 12 months

 

 

 

Total accounts payable

44.698

151.855

17.932

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

 

3

 

Total adjustment accounts

 

3

 

TOTAL LIABILITIES

2.418.913

2.604.328

2.569.163

 

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

 

 

 

. Changes in work in progress

 

 

 

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

 

 

 

. Other income and revenues

 

 

4.132

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

 

 

4.132

Total value of production

 

 

4.132

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

 

104

109

. Services received

86.938

113.515

66.682

. Leases and rentals

2.000

2.180

15.045

. Payroll and related costs

 

 

 

. . Wages and salaries

 

 

 

. . Social security contributions

 

 

 

. . Employee termination indemnities

 

 

 

. . Pension and similar

 

 

 

. . Other costs

 

 

 

. Amortization and depreciation

527

769

769

. . Amortization of intangible fixed assets

 

 

 

. . Amortization of tangible fixed assets

527

769

769

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

 

 

 

. Changes in raw materials

 

 

 

. Provisions to risk reserves

 

 

 

. Other provisions

 

 

 

. Other operating costs

22.756

12.678

14.025

Total production costs

112.221

129.246

96.630

Diff. between value and cost of product.

-112.221

-129.246

-92.498

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

47.930

42.009

34.713

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

 

 

 

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-11

 

 

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

 

Total financial income and expense

47.919

42.009

34.713

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

 

 

 

. . Of equity investments

 

 

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

 

 

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

40

4.034

165

. . Gains on disposals

 

 

 

. . Other extraordinary income

40

4.034

165

. Extraordinary expense

 

-1

-1

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

 

-1

-1

Total extraordinary income and expense

40

4.033

164

Results before income taxes

-64.262

-83.204

-57.621

. Taxes on current income

13.991

 

 

. . current taxes

13.991

 

 

. . differed taxes(anticip.)

 

 

 

. Net income for the period

-78.253

-83.204

-57.621

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

-78.253

-83.204

-57.621

 

RATIOS

Value Type

as at 31/12/2012

as at 31/12/2011

as at 31/12/2010

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,00

0,77

0,78

0,31

Elasticity Ratio

Units

0,97

0,21

0,22

0,68

Availability of stock

Units

n.c.

n.c.

n.c.

0,15

Total Liquidity Ratio

Units

0,97

0,21

0,22

0,46

Quick Ratio

Units

0,95

0,05

0,07

0,01

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

n.c.

0,01

n.c.

2,79

Self Financing Ratio

Units

0,78

0,76

0,80

0,21

Capital protection Ratio

Units

0,00

-0,48

-0,43

0,78

Liabilities consolidation quotient

Units

n.c.

n.c.

n.c.

0,18

Financing

Units

0,02

0,08

0,01

3,36

Permanent Indebtedness Ratio

Units

0,78

0,76

0,80

0,38

M/L term Debts Ratio

Units

n.c.

n.c.

n.c.

0,10

Net Financial Indebtedness Ratio

Units

0,00

0,00

0,00

0,77

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

5719,20

0,99

1,03

1,25

Current ratio

Units

52,52

3,65

30,87

1,13

Acid Test Ratio-Liquidity Ratio

Units

52,52

3,65

30,87

0,82

Structure's primary quotient

Units

5719,20

0,99

1,03

0,73

Treasury's primary quotient

Units

51,42

0,84

9,64

0,02

Rate of indebtedness ( Leverage )

%

127,39

131,73

124,70

458,55

Current Capital ( net )

Value

2.302.738

402.952

535.615

189.902

RETURN

 

 

 

 

 

Return on Sales

%

n.c.

n.c.

n.c.

3,49

Return on Equity - Net- ( R.O.E. )

%

-4,12

-4,21

-2,80

2,02

Return on Equity - Gross - ( R.O.E. )

%

-3,38

-4,21

-2,80

7,28

Return on Investment ( R.O.I. )

%

-4,64

-4,96

-3,60

2,90

Return/ Sales

%

n.c.

n.c.

n.c.

3,07

Extra Management revenues/charges incid.

%

n.c.

n.c.

n.c.

19,70

Cash Flow

Value

-77.726

-82.435

-56.852

130.900

Operating Profit

Value

-112.221

-129.246

-92.498

105.471

Gross Operating Margin

Value

-111.694

-128.477

-91.729

246.352

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

n.c.

n.c.

n.c.

142,92

Debts to suppliers average term

Days

77,85

169,59

74,31

136,10

Average stock waiting period

Days

n.c.

n.c.

n.c.

57,45

Rate of capital employed return ( Turnover )

Units

n.c.

n.c.

n.c.

0,89

Rate of stock return

Units

n.c.

n.c.

n.c.

6,21

Labour cost incidence

%

n.c.

n.c.

n.c.

14,61

Net financial revenues/ charges incidence

%

n.c.

n.c.

n.c.

-1,61

Labour cost on purchasing expenses

%

n.c.

n.c.

n.c.

14,23

Short-term financing charges

%

0,02

n.c.

n.c.

2,69

Capital on hand

%

n.c.

n.c.

n.c.

112,27

Sales pro employee

Value

 

 

 

241.471

Labour cost pro employee

Value

 

 

 

33.141

 

 

 

Remarks

 

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

 

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

 

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

 

 

SOURCES

 

Our Company collects data from public registers, lists, archives or contained in Acts and/or documents (held by the National Chamber of Commerce or Immovables Territorial Agency), users, reporters or however generally accessible (for example, from categorical lists, statistical institutes, press reports and from public inspection internet sites).

 

The present report is supplied for Your exclusive use and is bond to the general conditions of the contract. Personal Data collection and treatment, reported, are conform to our company's activities and to Your mandate conferred to us by Your request, for the purposes in relation to Marketing Management, Sales and Monetary Administration. It does not contain, nor could contain, information cancelled by a justified opposition right.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.59

UK Pound

1

Rs.101.56

Euro

1

Rs.85.15

 

 

INFORMATION DETAILS

 

Report Prepared by :

NIS

 

 

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.