|
Report Date : |
22.08.2014 |
IDENTIFICATION DETAILS
|
Name : |
PMH-PRODUTOS
MEDICOS-HOSPITALARES SA |
|
|
|
|
Registered Office : |
Zona Industrial da Murteira, Lote 9, Porto Alto,
2135-311-Samora Correia, Benavente, |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
26.06.1990 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
·
Industry, trade, import and export of medical and
hospital products ·
Wholesale trade of pharmaceutical products |
|
|
|
|
No of Employees : |
573 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
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 01, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Portugal |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
portugal - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Austerity measures also have contributed to record unemployment and a wave of emigration not seen since the 1960s. Booming exports will contribute to growth and employment in 2014, but the need to continue to reduce private- and public-sector debt could weigh on consumption and investment. The government of Pedro PASSOS COELHO has stated its intention to reduce labor market rigidity, and, this, along with steps to trim the budget deficit, could make Portugal more attractive to foreign investors. The government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in 2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts, public debt has continued to grow and, in 2013, stands among the highest in the EU. As a result, the government may have difficulty regaining full bond market financing when the EU-IMF financing program expires in May 2014.
|
Source
: CIA |
|
Name |
PMH-PRODUTOS MEDICOS-HOSPITALARES SA |
|
V.A.T. Number / NIF |
502376899 |
|
Address |
Zona Industrial da Murteira, Lote 9 |
|
Locality |
Porto Alto |
|
Postal Code |
2135-311-SAMORA CORREIA |
|
Municipality |
BENAVENTE |
|
District |
SANTAREM |
|
Telephone |
263650680, 263650685, 912324006 |
|
Fax |
263650695 |
|
E-Mail |
pmh.geral@pmh.pt |
|
Web Site |
www.pmh.pt |
|
|
|
|
C.A.E.(Rev 3) |
32502- Manufacture of equipment and
orthopedic prostheses and medical-surgical instruments |
|
C.A.E.(Rev 3) |
46460- Wholesale trade of pharmaceutical
products |
|
|
2010 |
|
2011 |
|
2012 |
|
Net Sales |
23.653.635,50 |
|
24.360.929,76 |
|
22.542.166,01 |
|
Net Income For the Year |
327.435,67 |
|
172.789,68 |
|
220.085,72 |
|
Shareholders Funds |
4.471.564,16 |
|
4.644.353,84 |
|
4.864.439,56 |
|
Stocks |
3.717.910,49 |
|
4.002.779,36 |
|
4.276.507,96 |
|
LIABILITY |
28.651.122,09 |
|
33.336.401,40 |
|
28.757.798,65 |
|
ASSETS |
33.122.686,25 |
|
37.980.755,24 |
|
33.622.238,21 |
|
Consulted sources say that the subject is
struggling with financial difficulties and has been delaying its payments and
commercial commitments, so the use of caution in credit connections with this
company is recommended. |
|
Legal Form |
Joint Stock Company |
|
Constitution |
26-06-1990 |
|
V.A.T. Number / NIF |
502376899 |
|
Employees |
573 |
|
Capital |
3.418.000,00 |
|
Sales in : 31-12-2012 |
22.542.166,01 |
|
Shareholders Funds in: 31-12-2012 |
4.864.439,56 |
|
Credit Risk Level |
Extreme Credit Risk |
|
Credit Recommendation |
Obtain Warranties |
|
Payments |
Slow |
|
Actual Condition |
In activity |
|
Board of Director's |
|
|
ANA MARIA MARQUES DA SILVA ERVIDEIRA
CORDEIRO |
Administrator |
|
JOSE AUGUSTO MENDES CORDEIRO |
Board of Director's President |
|
|
|
|
Fiscal Board |
|
|
LUIS FILIPE PINTO GONCALVES DA CRUZ |
Fiscal Board Substitute |
|
ESAC-ESPIRITO SANTO & ASSOCIADOS SROC
LDA |
Unique Fiscal |
|
Registed on the Register Record Office of
Benavente with the Register Number 502376899 previous number 717 in
05-03-1996 |
|
Constitution celebrated in 26-06-1990
published on Diário da República number 265 of 16-11-1990 |
|
To oblige the company it is necessary 2
signature |
|
In 01-03-2014 on Portal MJ of 20-03-2014
board of director's change Clique
para ver detalhes
|
|
|
In 18-05-2010 on Portal MJ of 08-06-2010
board of director's change |
|
|
In 07-03-2006 on Portal MJ of 31-03-2006
board of director's change |
|
|
In 07-09-2001 on Diário da República
number 112 of 15-05-2003 change in to a joint stock company Clique para ver detalhes
|
|
|
In 16-11-1998 on Diário da República number
52 of 02-03-2002 social change |
|
Capital |
|
The Capital is 3.418.000,00 , divided in
683600 shares , with a nominal value of 5,00 |
|
|
with the following shareholders |
|
PRODUCTOS MEDICOS HOSPITALARIOS SL |
3.418.000,00 |
100% |
|
NAME |
PRODUCTOS MEDICOS HOSPITALARIOS SL |
|
Funtion |
Shareholder |
|
Address |
Calle Calasparra, s/n (La Polvorista) -
Molina de Segura, Múrcia |
|
Locality |
Espanha |
|
Telephone |
0034968643236 |
|
Line of Business |
Percentage |
|
Industry, trade, import and export of
medical and hospital products |
100% |
|
Type of Clients |
Medical Industry |
|
|
|
Sales Conditions |
Credit |
|
|
|
Geographic
Distribution of Sales |
|
|
Internal Market |
|
International
Market |
|
|
Year |
|
EU |
Extra-EU |
Total |
|
|
2012 |
6.637.837,31 |
29,45% |
15.854.799,07 |
70,33% |
49.529,63 |
0,22% |
22.542.166,01 |
|
|
2011 |
8.510.882,61 |
34,93% |
15.761.222,34 |
64,69% |
92.888,81 |
0,38% |
24.364.993,76 |
|
|
Geographic
Distribution of Purchases |
|
|
Internal Market |
|
International
Market |
|
|
Year |
|
EU |
Extra-EU |
Total |
|
|
2012 |
4.150.102,04 |
31,85% |
5.526.626,24 |
42,41% |
3.353.689,84 |
25,74% |
13.030.418,12 |
|
|
2011 |
5.335.628,46 |
34,41% |
6.437.538,30 |
41,51% |
3.735.046,97 |
24,08% |
15.508.213,73 |
|
Source: IES
|
MILLENNIUM BCP |
Centro de Empresas de Lisboa VII |
|
BANCO POPULAR ESPANOL, SA (SUCURSAL EM
PORTUGAL) |
Avenida da Liberdade - Lisboa |
|
BANCO BPI, SA |
Póvoa de Santa Iria |
|
Legal Actions |
|
Date |
Process |
Author |
Type |
Amount |
Judicial District |
Court |
Situation |
|
04-11-2013 |
1579/13.2TBBNV |
Adventa Health
Sdn Bhd |
Acção de
Processo Comum |
541.714,19 |
Benavente -
Tribunal Judicial |
|
|
|
24-04-2013 |
36968/13.3YIPRT |
PT Comunicacoes,
SA |
Especial
Cump.Obrig. Pecuniarias DL 269/98 |
3.100,78 |
Benavente -
Tribunal Judicial |
|
|
|
25-02-2013 |
11780/13.3YIPRT |
Enteco Pharma Sa |
Ordinária |
315.711,77 |
Benavente -
Tribunal Judicial |
|
|
|
19-12-2012 |
7695/12.0YYPRT |
António Moutinho
& Cª. Ldª. |
Executiva Comum |
495,80 |
Porto - Juízos
de Execução |
|
|
|
Employees |
|
Year |
Total |
Men |
Women |
|
|
2012 |
573 |
23 |
4% |
550 |
96% |
|
|
2011 |
509 |
21 |
4% |
488 |
96% |
|
Source: IES
|
Axa Companhia de Seguros SA |
|
Companhia Seguros Allianz Portugal SA |
|
Had installations Rua Cidade de Tomar,
Lote 6 - Loja Esq., Lisboa, 1750-066, LISBOA |
|
Had installations Quinta do Galo, Lote 3
c/v, Loures, 2670, LOURES |
|
Had installations Rua de Santo António,
Lote 115/117 - Encosta da Luz, Odivelas(Loures), 2675, ODIVELAS |
|
Head office and factory owned Zona
Industrial da Murteira, Lote 9, Porto Alto, 2135-311, SAMORA CORREIA,
Tel:263650680, Fax:263650695, Telem.: 912 323 624 / 912 323 505 / 912 319 393 |
|
Installations Zona Industrial 1, Guilhufe,
4560-164, GUILHUFE, Tel:255729140, Fax:255724810 |
|
Installations Urbanização Mata Duque I,
Lote 56-B - Santo Estêvão, Santo Estevao Bnv, 2130-124, SANTO ESTEVAO BNV,
Tel:263949515 |
|
Had installations Rua de Entrecampos, 58
r/c, Lisboa, 1700-159, LISBOA |
|
Had head office Rua Correia Teles, 28-2º,
Lisboa, 1350-100, LISBOA |
|
Event |
General Description |
|
Quality Certification |
A titular é uma empresa certificada
segundo a Norma NP EN ISO 9001:2008. |
|
Balance Sheet
SNC |
||
|
CoinEUROS |
|
Year:2012 |
|
|
||
|
|
2012 |
2011 |
2010 |
% Var.2012/11 |
|
ASSET |
|
|||||
|
|
|
|
|
|
|
|
|
Non-current assets |
|
|||||
|
|
|
|
|
|
|
|
|
Tangible fixed assets |
7.787.229,01 |
7.577.487,76 |
7.584.606,88 |
2,77% |
|
|
|
Investment properties |
- |
1.051.097,30 |
1.051.097,30 |
- |
|
|
|
Goodwill |
- |
- |
- |
- |
|
|
|
Intangible assets |
1.828.005,70 |
612.945,79 |
381.485,89 |
198,23% |
|
|
|
Biological assets |
- |
- |
- |
- |
|
|
|
Financial participations - patrimonial
equity method |
2.003.577,70 |
2.209.562,17 |
2.209.562,17 |
(9,32)% |
|
|
|
Financial participations - other methods |
- |
- |
- |
- |
|
|
|
Shareholders/partners |
- |
206.089,92 |
- |
- |
|
|
|
Other financial assets |
343.449,90 |
343.449,90 |
343.449,89 |
- |
|
|
|
Deferred tax assets |
- |
- |
- |
- |
|
|
|
Financial investments(exclusive use by
small entities and micro entities) |
- |
- |
- |
- |
|
|
|
Total |
11.962.262,31 |
12.000.632,84 |
11.570.202,13 |
(0,32)% |
|
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|||||
|
|
|
|
|
|
|
|
|
Inventories |
4.276.507,96 |
4.002.779,36 |
3.717.910,49 |
6,84% |
|
|
|
Biological assets |
- |
- |
- |
- |
|
|
|
Costumers |
12.651.255,75 |
18.124.690,66 |
15.288.774,11 |
(30,20)% |
|
|
|
Advances to suppliers |
- |
65.166,66 |
65.166,66 |
- |
|
|
|
State and other public entities |
2.300.603,57 |
1.595.053,60 |
990.395,85 |
44,23% |
|
|
|
Shareholders/partners |
11,95 |
- |
- |
- |
|
|
|
Other accounts receivable |
1.668.762,62 |
801.167,67 |
957.441,01 |
108,29% |
|
|
|
Deferrals |
111.345,87 |
134.478,53 |
79.803,32 |
(17,20)% |
|
|
|
Financial assets held for trading |
20.000,00 |
20.000,00 |
20.000,00 |
- |
|
|
|
Other financial assets |
- |
- |
- |
- |
|
|
|
Non-current assets held for sale |
- |
- |
- |
- |
|
|
|
Other current assets |
- |
- |
- |
- |
|
|
|
Cashier and bank deposits |
631.488,18 |
1.236.785,92 |
432.992,68 |
(48,94)% |
|
|
|
Total |
21.659.975,90 |
25.980.122,40 |
21.552.484,12 |
(16,63)% |
|
|
|
|
|
|
|
|
|
|
|
TOTAL ASSET |
33.622.238,21 |
37.980.755,24 |
33.122.686,25 |
(11,48)% |
|
|
|
|
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS AND LIABILITIES |
|
|||||
|
|
|
|
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|||||
|
|
|
|
|
|
|
|
|
Capital |
3.418.000,00 |
3.418.000,00 |
3.418.000,00 |
- |
|
|
|
Own shares |
- |
- |
- |
- |
|
|
|
Other shareholders funds instruments |
- |
- |
- |
- |
|
|
|
Emission premiuns |
- |
- |
- |
- |
|
|
|
Legal reserves |
180.763,36 |
172.123,88 |
155.752,10 |
5,02% |
|
|
|
Other reserves |
37.657,18 |
37.657,18 |
37.657,18 |
- |
|
|
|
Net retained |
1.101.612,80 |
937.462,60 |
626.398,71 |
17,51% |
|
|
|
Adjustments on financial assets |
(94.178,30) |
(94.178,30) |
(94.178,30) |
- |
|
|
|
Revaluation surplus |
498,80 |
498,80 |
498,80 |
- |
|
|
|
Other shareholders funds changes |
- |
- |
- |
- |
|
|
|
Total |
4.644.353,84 |
4.471.564,16 |
4.144.128,49 |
3,86% |
|
|
|
|
|
|
|
|
|
|
|
Net income for the period |
220.085,72 |
172.789,68 |
327.435,67 |
27,37% |
|
|
|
Antecipated dividends |
- |
- |
- |
- |
|
|
|
TOTAL OF SHAREHOLDERS FUNDS |
4.864.439,56 |
4.644.353,84 |
4.471.564,16 |
4,74% |
|
|
|
|
|
|
|
|
|
|
|
LIABILITY |
|
|||||
|
|
|
|
|
|
|
|
|
Non-current liiabilities |
|
|||||
|
|
|
|
|
|
|
|
|
Provisions |
- |
- |
- |
- |
|
|
|
Financing obtained |
8.707.391,77 |
13.327.968,02 |
12.214.814,99 |
(34,67)% |
|
|
|
Responsability for post-employment
beneficts |
- |
- |
- |
- |
|
|
|
Diferred taxes liabilities |
- |
- |
- |
- |
|
|
|
Other payable accounts |
- |
- |
- |
- |
|
|
|
Total |
8.707.391,77 |
13.327.968,02 |
12.214.814,99 |
(34,67)% |
|
|
|
|
|
|
|
|
|
|
|
Current liabilities |
|
|||||
|
|
|
|
|
|
|
|
|
Suppliers |
12.111.426,28 |
9.213.626,51 |
6.600.203,27 |
31,45% |
|
|
|
Advances from costumers |
- |
- |
- |
- |
|
|
|
State and other public entities |
149.919,10 |
316.476,25 |
166.473,06 |
(52,63)% |
|
|
|
Shareholders/partners |
- |
- |
- |
- |
|
|
|
Financing obtained |
5.934.498,01 |
8.317.026,13 |
9.081.688,38 |
(28,65)% |
|
|
|
Other payable accounts |
1.854.563,49 |
2.161.304,49 |
587.942,39 |
(14,19)% |
|
|
|
Deferrals |
- |
- |
- |
- |
|
|
|
Financial liabilities held for trading |
- |
- |
- |
- |
|
|
|
Other financial liabilities |
- |
- |
- |
- |
|
|
|
Non-current liabilities held for sale |
- |
- |
- |
- |
|
|
|
Other current liabilities |
- |
- |
- |
- |
|
|
|
Total |
20.050.406,88 |
20.008.433,38 |
16.436.307,10 |
0,21% |
|
|
|
|
|
|
|
|
|
|
|
TOTAL LIABILITIES |
28.757.798,65 |
33.336.401,40 |
28.651.122,09 |
(13,73)% |
|
|
|
|
|
|
|
|
|
|
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
33.622.238,21 |
37.980.755,24 |
33.122.686,25 |
(11,48)% |
|
|
|
|
|
|
|
|
|
|
|
INCOME STATEMENT |
|
|||||
|
|
|
|
|
|
|
|
|
INCOME AND EXPENSES |
|
|||||
|
|
|
|
|
|
|
|
|
Sales and services |
22.542.166,01 |
24.360.929,76 |
23.653.635,50 |
(7,47)% |
|
|
|
Operating government grants |
- |
- |
- |
- |
|
|
|
Gains/losses allocated subsidiaries, associates
and joint ventures |
(192.859,33) |
- |
- |
- |
|
|
|
Variation in production inventories |
282.909,11 |
120.029,71 |
46.592,58 |
135,70% |
|
|
|
Work for the entity itself |
301.425,98 |
231.459,90 |
381.485,89 |
30,23% |
|
|
|
Cost of goods sold and materials consumed |
13.623.164,35 |
(15.337.318,22) |
(14.476.152,40) |
(188,82)% |
|
|
|
Suppliers and external services |
1.979.229,48 |
(2.144.885,80) |
(2.196.484,75) |
(192,28)% |
|
|
|
Personnel costs |
5.058.857,69 |
(5.591.199,95) |
(5.857.313,61) |
(190,48)% |
|
|
|
Impairment of inventories
(losses/revearsals) |
- |
- |
- |
- |
|
|
|
Impairment of receivables
(losses/revearsals) |
- |
- |
- |
- |
|
|
|
Provisions (increases/reductions) |
- |
- |
234,04 |
- |
|
|
|
Impairment of investments not
depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
|
|
Other impairments
(losses/reversals)/impairments (losses/reversals) (exclusive use by small
entities and microentities) |
- |
- |
- |
- |
|
|
|
Increases/decreases in fair value |
- |
- |
- |
- |
|
|
|
Other income and gains |
280.117,95 |
744.639,11 |
694.379,04 |
(62,38)% |
|
|
|
Other expenses and losses |
1.202.770,53 |
(950.493,94) |
(710.963,99) |
(226,54)% |
|
|
|
Result before depreciation, financing
costs and taxes |
1.349.737,67 |
1.433.160,57 |
1.535.412,30 |
(5,82)% |
|
|
|
|
|
|
|
|
|
|
|
Expenses/reversals of depreciation and
amortization |
611.736,05 |
(612.345,78) |
(782.033,27) |
(199,90)% |
|
|
|
Impairment of investments
depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
|
|
Operating result (before financing costs
and taxes) |
738.001,62 |
820.814,79 |
753.379,03 |
(10,09)% |
|
|
|
|
|
|
|
|
|
|
|
Interest and similar income obtained |
0,97 |
27,64 |
33.424,32 |
(96,49)% |
|
|
|
interest and similar expenses incurred |
464.674,77 |
(591.827,77) |
(404.809,53) |
(178,52)% |
|
|
|
Net before taxes |
273.327,82 |
229.014,66 |
381.993,82 |
19,35% |
|
|
|
|
|
|
|
|
|
|
|
Income tax of the period |
53.242,10 |
(56.224,98) |
(54.558,15) |
(194,69)% |
|
|
|
Net profit for the period |
220.085,72 |
172.789,68 |
327.435,67 |
27,37% |
|
|
|
|
|
|
|
|
|
|
|
Results of discontinued operations (net of
taxes) included in the net icome of the period |
- |
- |
- |
- |
|
|
|
|
||||
|
Closing Date |
2012 |
2011 |
2010 |
|
|
|
|
|||||
|
TURNOVER RATIOS |
|
|||||
|
Shareholder's Funds Profitability |
0,045 |
0,037 |
0,073 |
|
|
|
|
Assets Profitability |
0,022 |
0,022 |
0,023 |
|
|
|
|
Sales Net Profitability |
0,01 |
0,007 |
0,014 |
|
|
|
|
|
|
|||||
|
EFFICIENCY RATIOS |
|
|||||
|
Medium Term Receivable |
204,847 |
271,562 |
235,921 |
|
|
|
|
Asset Rotation |
0,67 |
0,641 |
0,714 |
|
|
|
|
|
|
|||||
|
PRODUCTIVITY RATIOS |
|
|||||
|
Productivity |
1,763 |
(7,1) |
(6,51) |
|
|
|
|
|
|
|||||
|
SHORT TERM RATIOS |
|
|||||
|
General Liquidity |
1,08 |
1,298 |
1,311 |
|
|
|
|
Reduced Liquidity |
0,867 |
1,098 |
1,085 |
|
|
|
|
Immediate Liquidity |
0,031 |
0,062 |
0,026 |
|
|
|
|
|
|
|||||
|
MEDIUM LONG TERM RATIOS |
|
|||||
|
Financial Autonomy |
0,145 |
0,122 |
0,135 |
|
|
|
|
Solvability |
0,169 |
0,139 |
0,156 |
|
|
|
|
Borrowed Capital Structure |
0,697 |
0,6 |
0,574 |
|
|
|
|
General Debt |
3,01 |
4,66 |
4,763 |
|
|
|
|
Medium Long Term Debt |
1,79 |
2,87 |
2,732 |
|
|
|
|
Debt Structure |
0,697 |
0,6 |
0,574 |
|
|
|
|
Capital Structure |
0,559 |
0,348 |
0,366 |
|
|
|
|
|
|
|||||
|
Operational and Financial Risk |
|
|||||
|
Operational Leverage Level |
12,085 |
48,364 |
50,612 |
|
|
|
|
Financial Leverage Level |
2,7 |
3,584 |
1,972 |
|
|
|
|
Combined Leverage Level |
32,63 |
173,337 |
99,807 |
|
|
|
|
Rubrics |
2012 |
2011 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL ACTIVITIES |
|
|
|
|
Customers receipts |
31.468.209,76 |
34.758.340,17 |
(9,47)% |
|
Payments to suppliers |
16.593.049,79 |
19.316.029,56 |
(14,10)% |
|
Payments to employees |
3.784.357,77 |
4.293.200,34 |
(11,85)% |
|
Cash at bank generated from operations |
11.090.802,20 |
11.149.110,27 |
(0,52)% |
|
Payment/receipt of income tax |
(41.770,35) |
31.665,23 |
(231,91)% |
|
Other receipts/payments |
(5.937.792,87) |
(7.478.248,14) |
20,60% |
|
Cash Flows from Operational Activities (A) |
5.111.238,98 |
3.702.527,36 |
38,05% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible assets |
- |
110.330,40 |
- |
|
Intangible assets |
- |
1.111.966,36 |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible assets |
21.525,00 |
29.273,20 |
(26,47)% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
174.535,21 |
593.105,38 |
(70,57)% |
|
Dividends |
13.125,14 |
- |
- |
|
Cash Flows' Investments Activities (B) |
209.185,35 |
(599.918,18) |
134,87% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
- |
15.194.712,88 |
- |
|
Paying-up of capital and other equity
instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
4.498.674,48 |
17.110.676,28 |
(73,71)% |
|
Interests and similar expenses |
1.203.672,80 |
605.851,55 |
98,67% |
|
Dividends |
- |
- |
- |
|
Capital's redution and other equity
instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing Activities © |
(5.702.347,28) |
(2.521.814,95) |
(126,12)% |
|
Variation in cash at bank and its
equivalents (A+B+C) |
(381.922,95) |
580.794,23 |
(165,76)% |
|
Effect of exchange differences |
64.940,78 |
(45.316,56) |
243,30% |
|
Cash at bank and its equivalents at the
start of period |
968.470,35 |
432.992,68 |
123,67% |
|
Cash at bank and its equivalents at the
end of period |
651.488,18 |
968.470,35 |
(32,73)% |
|
|
Movimentos do
Periodo de 2012 |
|||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S CARRYING AMOUNT AND MOVEMENTS |
|
|||
|
Cash in hand |
30.777,90 |
- |
6.979,75 |
23.798,15 |
|
Order deposits |
917.632,97 |
- |
310.002,42 |
607.630,55 |
|
Other bank deposits |
59,48 |
- |
- |
59,48 |
|
Total cash at bank and bank deposits |
948.470,35 |
0,00 |
316.982,17 |
631.488,18 |
|
Of which: Bank deposits abroad |
- |
- |
- |
0,00 |
|
Rubrics |
Value |
|
OTHER INFORMATION |
|
|
Receipts from: |
|
|
Non-life insurance claims |
- |
|
Operating subsidies |
- |
|
Cash at bank and its equivalents not
available for use |
- |
|
|
Movimentos do
Periodo de 2012 |
|||||
|
|
Impairment losses |
Impairment
losses reversals |
||||
|
Rubrics |
Recognized in
profit and loss |
Recognized in
Equity |
Total |
Recognized in
profit and loss |
On revalued
assets recognized in equity |
Total |
|
Individual assets |
|
|||||
|
Fixed tangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
0,00 |
0,00 |
- |
- |
0,00 |
0,00 |
|
Intangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment properties (cost model) |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Investments in progress |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Financial investments |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
TOTAL |
|
|
|
|
|
|
|
of which: cash-generating units |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
|
Grants from
State and other public bodies |
Grants from
other entities |
||
|
Rubrics |
Value assigned
in the period or in previous periods |
Value attributed
to the period |
Value assigned
in the period or in previous periods |
Value attributed
to the period |
|
Grants related to assets/investment: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Fixed tangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Land and Natural Resources |
- |
- |
- |
- |
|
Buildings and other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Development projects |
- |
- |
- |
- |
|
Computer programmes |
- |
- |
- |
- |
|
Industrial property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
Value of repayments in the period: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Grants related to assets/investment |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
TOTAL |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
Movimentos do
Periodo de 2012 |
||
|
Rubrics |
Impairment
losses |
Impairment
losses reversals |
Total |
|
Receivable debts from customers |
- |
- |
0,00 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
0,00 |
0,00 |
0,00 |
|
Rubrics |
Value |
|
Regarding insolvency and company recovery
procedures or enforcement procedures |
- |
|
Claimed in court |
- |
|
In arrears: |
0,00 |
|
Over six months and up to twelve months |
- |
|
Over twelve months and up to eighteen
months |
- |
|
Over eighteen months and up to twenty four
months |
- |
|
Over twenty four months |
- |
|
TOTAL |
0,00 |
|
Rubrics |
Average number
of employees |
Average number
of hours worked |
|
Company employees, paid and unpaid |
573 |
1.072.884 |
|
Paid company employees |
573 |
1.072.884 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of working hours |
|
|
|
Full time company employees |
573 |
1.072.884 |
|
Of which: Full time company employees |
573 |
1.072.884 |
|
Part time company employees |
0 |
0 |
|
Of which: Part time company employees |
0 |
0 |
|
Company employees, by gender: |
|
|
|
Men |
23 |
43.065 |
|
Women |
550 |
1.029.819 |
|
Company employees, of which: |
|
|
|
Company employees assigned to Research and
Development |
0 |
- |
|
Service providers |
0 |
0 |
|
People placed through temporary employment
agencies |
0 |
- |
|
Rubrics |
Value |
|
Staff costs |
5.058.857,69 |
|
Governance Bodies Remuneration |
117.120,00 |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
4.056.249,11 |
|
Of which: Profit-sharing |
- |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined contribution plans - corporate
bodies |
- |
|
For defined contribution plans - others |
- |
|
Compensations |
1.831,57 |
|
Charges on remunerations |
805.938,38 |
|
Insurance for accidents at work and
professional diseases |
30.416,09 |
|
Social security expenses |
- |
|
Other staff costs |
47.302,54 |
|
Of which: |
|
|
Expenditure on education |
- |
|
Expenditure on uniforms |
- |
|
|
Geographic
markets |
|||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
6.633.867,32 |
15.332.971,95 |
49.445,75 |
22.016.285,02 |
|
Services provided |
3.969,99 |
521.827,12 |
83,88 |
525.880,99 |
|
Purchases |
4.150.102,04 |
5.526.626,24 |
3.353.689,84 |
13.030.418,12 |
|
Supplies and external services |
1.966.221,67 |
10.486,54 |
2.521,27 |
1.979.229,48 |
|
Acquisition of fixed tangible assets |
- |
- |
- |
0,00 |
|
Acquisition of investment properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible assets |
301.425,98 |
- |
- |
301.425,98 |
|
Supplementary income: |
279,96 |
0,00 |
0,00 |
279,96 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological
assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
279,96 |
- |
- |
279,96 |
|
Memorandum: Sales and services provided (undiscounted
values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and supplies and
external services (undiscounted values) |
- |
- |
- |
0,00 |
|
Rubrics |
2012 |
2011 |
PERIODS |
|
Customers |
|
|
|
|
Trade accounts receivable |
12.651.255,75 |
15.268.988,49 |
(17,14)% |
|
Trade notes receivable |
- |
- |
- |
|
Advances received from customers |
- |
- |
- |
|
Suppliers |
|
|
|
|
Trade accounts payable |
12.111.426,28 |
9.728.513,66 |
24,49% |
|
Trade notes payable |
- |
- |
- |
|
Trade accounts payable - unchecked
invoices |
- |
- |
- |
|
Advances to suppliers |
- |
- |
- |
|
Staff |
|
|
|
|
Payable remunerations |
16.649,42 |
167.229,92 |
(90,04)% |
|
Advanced payments |
68.597,62 |
68.597,62 |
0,00% |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
State and other public sector institutions |
|
|
|
|
Income Tax |
(41.770,35) |
(55.353,28) |
24,54% |
|
Deductible IVA (debt cumulative amounts) |
- |
- |
- |
|
Paid IVA (credit cumulative amounts) |
- |
- |
- |
|
Shareholders / partners |
|
|
|
|
Shareholders with subscription |
- |
- |
- |
|
Unreleased quotas |
- |
- |
- |
|
Advances for profits |
- |
- |
- |
|
Allocated results |
|
|
|
|
From the perspective of the entity
distributing profits |
- |
- |
- |
|
From the perspective of the entity with
allocated profits |
- |
- |
- |
|
Available profits |
|
|
|
|
From the perspective of the entity
distributing profits |
- |
- |
- |
|
From the perspective of the entity with
allocated profits |
- |
- |
- |
|
Granted loans - parent company |
- |
- |
- |
|
Granted loans - subsidiary companies,
associated companies and joint ventures |
- |
- |
- |
|
Granted loans - other
shareholders/partners |
- |
- |
- |
|
Of which: Participating companies |
- |
- |
- |
|
Other operations |
|
|
|
|
Debit status |
11,95 |
206.089,92 |
(99,99)% |
|
Credit status |
- |
- |
- |
|
Other receivable and payable accounts |
|
|
|
|
Investment providers - general accounts |
- |
- |
- |
|
Trade accounts payable - unchecked
invoices |
- |
- |
- |
|
Advanced payments to investment providers |
- |
- |
- |
|
additional income - Debtors |
556.330,56 |
556.330,56 |
0,00% |
|
additional expenses - Creditors |
478.670,40 |
485.261,96 |
(1,36)% |
|
Deferred tax assets |
- |
- |
- |
|
Deferred tax liabilities |
- |
- |
- |
|
Unreleased subscriptions - Creditors |
- |
- |
- |
|
Advances received on account of sales |
- |
- |
- |
|
Other debtors and creditors |
|
|
|
|
Other debtors |
1.043.123,65 |
684.666,60 |
52,35% |
|
Other creditors |
235.745,30 |
61.345,24 |
284,29% |
|
Rubrics |
2012 |
2011 |
PERIODS |
|
Supplies and external services |
1.979.229,48 |
2.237.079,70 |
(11,53)% |
|
Subcontracts |
- |
- |
- |
|
Specialized services |
481.243,91 |
589.938,32 |
(18,42)% |
|
Specialized works |
68.030,87 |
134.472,72 |
(49,41)% |
|
Of which: Payments to workers placed
through agencies |
- |
- |
- |
|
Advertising and promotion |
527,73 |
494,31 |
6,76% |
|
Surveillance and security |
1.881,00 |
1.982,76 |
(5,13)% |
|
Fees |
19.530,00 |
28.749,60 |
(32,07)% |
|
Comissions |
7.946,68 |
5.630,27 |
41,14% |
|
Maintenance and repairs |
383.327,63 |
418.608,66 |
(8,43)% |
|
Others |
- |
- |
- |
|
Materials |
42.593,37 |
49.220,50 |
(13,46)% |
|
Fast wear tools and utensils |
13.569,79 |
19.675,14 |
(31,03)% |
|
Books and technical documentation |
10.706,06 |
3.359,25 |
218,70% |
|
Office material |
15.950,67 |
22.565,60 |
(29,31)% |
|
Gift items |
2.366,85 |
3.620,51 |
(34,63)% |
|
Others |
- |
- |
- |
|
Energy and fluids |
506.904,55 |
460.102,87 |
10,17% |
|
Electricity |
360.742,45 |
309.402,19 |
16,59% |
|
Fuels |
135.019,52 |
140.987,03 |
(4,23)% |
|
Water |
11.142,58 |
9.713,65 |
14,71% |
|
Others |
- |
- |
- |
|
Travel, lodging and transportation |
691.104,56 |
896.714,69 |
(22,93)% |
|
Travel and lodging |
73.649,31 |
86.857,76 |
(15,21)% |
|
Transport of personnel |
- |
- |
- |
|
Transport of goods |
617.455,25 |
809.856,93 |
(23,76)% |
|
Others |
- |
- |
- |
|
Different services |
257.383,09 |
241.103,32 |
6,75% |
|
Rents and leases |
54.798,35 |
66.853,06 |
(18,03)% |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
83.501,69 |
70.824,29 |
17,90% |
|
Insurance |
57.719,46 |
28.502,63 |
102,51% |
|
Royalties |
- |
- |
- |
|
Litigation and Notaries |
1.862,39 |
10.292,46 |
(81,91)% |
|
Representation expenses |
21.815,55 |
20.369,25 |
7,10% |
|
Cleaning, hygiene and comfort |
29.853,64 |
31.596,20 |
(5,52)% |
|
Other services |
7.832,01 |
12.665,43 |
(38,16)% |
|
Were the financial year's accounts
approved? |
|
|
YES |
|
|
Data da Aprovação: 31-03-2013 |
|
|
By (Unanimity/Majority): |
|
|
Unanimity |
|
|
Percentage of issued votes related to the share capital subscribed
with voting right |
|
|
100 |
|
|
The accounts were approved: |
|
|
In general meeting regularly convoked |
|
|
The accounts were approved: |
|
|
In POC/SNC/NCM (National Plan of
Accounts/Accounting Normalization System/Accounting Normalization for micro
entities) |
|
|
Rubrics |
2012 |
2011 |
|
Retained earnings |
1.321.698,52 |
1.110.252,28 |
|
Allocated results / Available profits |
- |
- |
|
Percentages or bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
11.004,29 |
8.639,48 |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
1.310.694,23 |
1.101.612,80 |
|
MANAGEMENT REPORT |
|
|
Were the Management Report and financial
year's accounts prepared? |
|
|
YES |
|
|
Were the management report and the financial year's accounts signed by
all members of the management / administration? |
|
|
YES |
|
|
ASSESSMENT OF THE INSPECTION BODY |
|
|
The entity has an inspection body? |
|
|
YES |
|
|
Has the inspection body issued an assessment? |
|
|
NO |
|
|
The inspection body pronounced: |
|
|
Information Available |
|
|
LEGAL CERTIFICATION OF ACCOUNTS (CLC) |
|
|
Is the entity required to have certified accounts by a Statutory
Auditor/Statutory Audit Firm? |
|
|
YES |
|
|
Identificação do ROC: 502965878 |
|
|
Was the Legal certification of accounts issued? |
|
|
NO |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.77 |
|
UK Pound |
1 |
Rs.100.72 |
|
Euro |
1 |
Rs.80.56 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SMN |
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.