MIRA INFORM REPORT

Report Date :

03.12.2014

IDENTIFICATION DETAILS

Name :	COP CHECKS OUT PRODUCTION
Registered Office :	Zone Artisanale, 7 Rue Du Chene, 67150 Nordhouse
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	January 1992
Com. Reg. No.:	9 383 643 731
Legal Form :	Simplified Joint Stock Company
Line of Business :	Wholesale (intercompany trade) of supplies and equipment for various trade and services (4669C)
No of Employees :	50 to 99

RATING & COMMENTS

MIRA’s Rating :

Ca

RATING		STATUS	PROPOSED CREDIT LINE
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

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 1, 2014

Country Name	Previous Rating (31.03.2014)	Current Rating (01.06.2014)
France	A1	A1

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 82 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 mitigate economic inequality. France's real GDP stagnated in 2012 and 2013. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2013. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 22.8% in the fourth quarter of 2013. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.1% of GDP in 2013, while France's public debt rose from 68% of GDP to nearly 94% over the same period. In accordance with its EU obligations, France is targeting a deficit of 3.6% of GDP in 2014 and 2.8% in 2015. The administration of President Francois HOLLANDE has implemented greater state support for employment, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, including a temporary 75% tax on wages over one million euros, and hiring an additional 60,000 teachers during his five-year term. In January 2014 HOLLANDE proposed a “Responsibility Pact” aimed primarily at lowering labor costs in return for businesses’ commitment to create jobs. Despite stagnant growth and fiscal challenges, France's borrowing costs have declined in recent years because investors remain attracted to the liquidity of France’s bonds.

Source : CIA

Top of Form

COMPANY name

Name

COP CHECKS OUT PRODUCTION

SIRET

383 643 731 00037

Personal comment

company summary

Trade name	COP SA	Acronym	COP
EUR VAT Number	FR15383643731
Activity (APE)	Wholesale (intercompany trade) of supplies and equipment for various trade and services (4669C)	Legal form	Simplified joint stock company
Phone	03 88 98 20 10	RCS Registration	RCS Strasbourg 9 383 643 731
Fax		Share capital	150,000 Euros
Address	Cop Checks Out Production Zone Artisanale 7 Rue Du Chene 67150 Nordhouse	Incorporated Date	01/1992
Nationality	France	Status	Economically active

Last published Judgment	15/12/2009
This company is not under monitoring

Current Directors

1

Trading to Date	12/31/2012	12/31/2011	12/31/2010
Turnover	10,172,470 €	11,918,910 €	12,452,533 €
Gross Operating Surplus	4.15 % Turnover	4.37 % Turnover	9.07 % Turnover
Shareholders’ equity	-721,671 €	-434,204 €	-482,796 €
Net result	-313,036 €	22,530 €	193,877 €
Employees	50 to 99 employees	-	-

Trends
Profitability
Liquidity
Net worth

company details

Company details

Activity (APE)	Wholesale (intercompany trade) of supplies and equipment for various trade and services (4669C)
RCS Registration	RCS Strasbourg 9 383 643 731	Share capital	150,000 Euros
Registration Court	Strasbourg (67)	Legal form	Simplified joint stock company
Court Registry Number	19 9 5B00426	EUR VAT Number	FR15383643731
Incorporation Date	01/1992	Formation Date	09/1991
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Establishment details

Trade name	COP SA	Acronym	COP
Activity (APE)	Commerce de gros (commerce interentreprises) de fournitures et équipements divers pour le commerce et les services (4669C)	Business Pages FT®	AGENCEMENT ET INSTALLATION DE MAGASINS
Postal Address	COP CHECKS OUT PRODUCTION ZONE ARTISANALE 7 RUE DU CHENE 67150 NORDHOUSE	Trading Address	7 RUE DU CHENE 67150 NORDHOUSE
Telephone	03 88 98 20 10
Fax

Type	Head office (one site company)	Status	Economically active
Formation Date	07/1994	Reason for formation	Other
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Bas-Rhin (67)	Region	Alsace
District	5	Area	07
City	NORDHOUSE	Size of urban area	Establishment in a rural municipality

Other establishments

Branches	1 branch entities in this company
Head office	> COP CHECKS OUT PRODUCTION <<<  - Commerce de gros (commerce interentreprises) de fournitures et équipements divers pour le commerce et les services (4669C)  in NORDHOUSE  (67150)
Secondary establishments

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

50 to 99 employees

Company workforce

50 to 99 employees

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2012	31/12/2011	31/12/2010
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Date of capture	28/02/2014	25/03/2014	20/03/2012
Activity Code	4669C	4669C	4669C
Employees	0	71	0

Active account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	2,220,780	-4.3%	2,320,928	-8.2%	2,528,477	25,552.50	8591.0%
- Intangible assets	30,635	30.7%	23,444	-38.0%	37,840	0	0%
- Tangible assets	1,992,507	-6.4%	2,127,622	-7.4%	2,297,735	10,640.50	18625.7%
- Financial assets	197,638	16.4%	169,862	-11.9%	192,902	1,619	12107.4%
Net current assets	4,327,183	-20.6%	5,449,258	-10.0%	6,051,842	244,667	1668.6%
- Stocks	2,000,572	-8.1%	2,175,863	-13.3%	2,510,135	36,461	5386.9%
- Advanced payments	0	-20.6%	0	0%	0	0	0%
- Receivables	1,574,860	-2.4%	1,613,737	26.3%	1,277,854	116,520.50	1251.6%
- Securities and cash	751,750	-54.7%	1,659,658	-26.7%	2,263,853	38,374.50	1859.0%
- Prepaid expenses	-	-	-	-	-	196	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	6,547,963	-15.7%	7,770,186	-9.4%	8,580,319	316,563	1968.5%

Passive Account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Shareholders' equity	-721,671	-66.2%	-434,204	10.1%	-482,796	98,954	-829.3%
Share capital	150,000	0%	150,000	0%	150,000	15,000	900%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	302,518	-42.5%	526,044	3.3%	509,120	0	0%
Liabilities	6,967,116	-9.3%	7,678,348	-10.2%	8,553,993	190,133	3564.3%
- Financial liabilities	2,531,138	-10.4%	2,823,397	-11.1%	3,175,432	20,430.50	12289.0%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	2,343,061	-15.2%	2,762,735	-15.7%	3,278,251	66,650.50	3415.4%
- Tax and social liabilities	2,071,340	0.5%	2,061,666	-0.7%	2,076,897	54,530	3698.5%
- Other debts and fixed assets liabilities	21,577	-29.4%	30,550	30.5%	23,413	5,538	289.6%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	6,547,963	-15.7%	7,770,188	-9.4%	8,580,317	316,563	1968.5%

Results

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Sales of Goods	10,423,923	-10.1%	11,600,896	-14.3%	13,531,190	568,601.50	1733.3%
Net turnover	10,172,470	-14.7%	11,918,910	-4.3%	12,452,533	562,211	1709.4%
- of which net export turnover	230,365	0%	0	0%	65,905	0	0%
Operating charges	10,682,914	-7.1%	11,499,092	-11.4%	12,977,700	550,192	1841.7%
Operating profit/loss	-258,991	-354.4%	101,804	-81.6%	553,490	15,022.50	-1824.0%
Financial income	15,956	-56.5%	36,682	60.4%	22,876	33	48251.5%
Financial charges	84,999	0.6%	84,517	-11.9%	95,956	874	9625.3%
Financial profit/loss	-69,043	-44.3%	-47,835	34.5%	-73,080	-224.50	-30654.1%
Pretax net operating income	-328,034	-707.8%	53,969	-88.8%	480,410	14,164	-2416.0%
Extraordinary income	227,370	38.1%	164,700	378.7%	34,408	208	109212.5%
Extraordinary charges	212,373	8.3%	196,140	-38.9%	320,941	330.50	64158.1%
Extraordinary profit/loss	14,998	147.7%	-31,440	89.0%	-286,533	0	0%
Net result	-313,036	-1489.4%	22,530	-88.4%	193,877	12,949	-2517.5%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2012	31/12/2011	31/12/2010
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2012		31/12/2011		31/12/2010
	Grand Total (I to VI)	Net	6,547,963	-15.7%	7,770,186	-9.4%	8,580,319
	Gross	CO	11,401,392	-5.0%	12,000,685	-3.1%	12,379,568
	Amortisation	1A	4,853,429	14.7%	4,230,499	11.4%	3,799,249

Non declared distributed capital (I)

		31/12/2012		31/12/2011		31/12/2010
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	-	-	-	-

Active fixed asset (II)

			31/12/2012		31/12/2011		31/12/2010
	Total Active fixed asset (II)	Net	2,220,780	-4.3%	2,320,928	-8.2%	2,528,477
	Gross	BJ	4,812,884	0.7%	4,777,129	0.5%	4,755,499
	Amortisation	BK	2,592,104	5.5%	2,456,201	10.3%	2,227,022

Intangilble fixed assets

			31/12/2012		31/12/2011		31/12/2010
	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	30,635	30.7%	23,444	-38.0%	37,840
	Gross	AF	99,041	-43.6%	175,614	1.0%	173,914
	Amortisation	AG	68,406	-55.0%	152,170	11.8%	136,074
	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	30,635	30.7%	23,444	-38.0%	37,840

Tangilble fixed assets

			31/12/2012		31/12/2011		31/12/2010
	Lands	Net	103,163	-8.9%	113,280	29.3%	87,632
	Gross	AN	219,188	0.4%	218,265	20.7%	180,836
	Amortisation	AO	116,025	10.5%	104,985	12.6%	93,204
	Buildings	Net	1,432,556	-4.7%	1,503,530	-4.5%	1,574,498
	Gross	AP	2,442,928	0.2%	2,439,244	0.5%	2,428,233
	Amortisation	AQ	1,010,373	8.0%	935,714	9.6%	853,735
	Plant	Net	374,145	-18.8%	460,644	-18.8%	566,975
	Gross	AR	1,382,445	1.3%	1,364,990	0.1%	1,363,573
	Amortisation	AS	1,008,299	11.5%	904,346	13.5%	796,598
	Other tangible fixed assets	Net	82,643	64.7%	50,168	-24.6%	66,492
	Gross	AT	471,348	15.3%	408,680	-1.1%	413,339
	Amortisation	AU	388,705	8.4%	358,512	3.4%	346,847
	Fixed assets in construction	Net	0	0%	0	0%	2,138
	Gross	AV	0	0%	0	0%	2,138
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	1,992,507		2,127,622		2,297,735

Financial assets

			31/12/2012		31/12/2011		31/12/2010
	Associates at equity	Net	0	0%	0	0%	0
	Gross	CS	0	0%	0	0%	0
	Amortisation	CT	0	0%	0	0%	0
	Other participations	Net	0	0%	0	0%	4,677
	Gross	CU	0	0%	0	0%	4,677
	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	15	0%	15	0%	15
	Gross	BD	15	0%	15	0%	15
	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	197,623	16.4%	169,847	-9.8%	188,210
	Gross	BH	197,918	16.2%	170,321	-9.8%	188,774
	Amortisation	BI	295	-37.8%	474	-16.0%	564
	Sub Total Financial Assets		197,638		169,862		192,902

Current Assets (III)

			31/12/2012		31/12/2011		31/12/2010
	Total Assets	Net	4,327,183	-20.6%	5,449,258	-10.0%	6,051,842
	Gross	CJ	6,588,508	-8.8%	7,223,556	-5.3%	7,624,069
	Amortisation	CK	2,261,325	27.4%	1,774,298	12.9%	1,572,227

Stocks

			31/12/2012		31/12/2011		31/12/2010
	Raw materials	Net	1,089,990	9.5%	995,597	20.3%	827,928
	Gross	BL	1,918,621	15.5%	1,660,541	44.0%	1,153,043
	Amortisation	BM	828,631	24.6%	664,944	104.5%	325,115
	Work in progress (goods)	Net	672,947	-24.5%	891,693	89.5%	470,454
	Gross	BN	977,188	-5.6%	1,034,722	64.1%	630,693
	Amortisation	BO	304,241	112.7%	143,029	-10.7%	160,239
	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	237,635	-17.7%	288,573	-76.2%	1,211,753
	Gross	BR	899,501	15.3%	779,830	-56.0%	1,771,736
	Amortisation	BS	661,866	34.7%	491,257	-12.3%	559,983
	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	2,000,572	-8.1%	2,175,863	-13.3%	2,510,135

Advance payments to suppliers

			31/12/2012		31/12/2011		31/12/2010
	Advance payments to suppliers	Net	0	0%	0	0%	0
	Gross	BV	0	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2012		31/12/2011		31/12/2010
	Trade accounts receivable	Net	1,169,269	-7.1%	1,259,232	126.1%	556,907
	Gross	BX	1,612,253	-6.4%	1,721,771	58.9%	1,083,797
	Amortisation	BY	442,983	-4.2%	462,539	-12.2%	526,890
	Other debtors	Net	334,236	24.0%	269,465	-31.9%	395,656
	Gross	BZ	357,840	26.9%	281,994	-28.7%	395,656
	Amortisation	CA	23,604	88.4%	12,529	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	1,503,505	-1.6%	1,528,697	60.5%	952,563

Divers

			31/12/2012		31/12/2011		31/12/2010
	Investment securities	Net	0	0%	0	0%	0
	Gross	CD	0	0%	0	0%	0
	Amortisation	CE	0	0%	0	0%	0
	Cash and cash equivalents	Net	751,750	-54.7%	1,659,658	-26.7%	2,263,853
	Gross	CF	751,750	-54.7%	1,659,658	-26.7%	2,263,853
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	751,750	-54.7%	1,659,658	-26.7%	2,263,853

Prepaid expenses

			31/12/2012		31/12/2011		31/12/2010
	Prepaid expenses	Net	71,355	-16.1%	85,040	-73.9%	325,291
	Gross	CH	71,355	-16.1%	85,040	-73.9%	325,291
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2012		31/12/2011		31/12/2010
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	0	0%	0	0%	0
Gross		0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	12,529	0%	0	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)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to V)	EE	6,547,963	-15.7%	7,770,188	-9.4%	8,580,317

Shareholder Equity (I)

			31/12/2012		31/12/2011		31/12/2010
	Total shareholders' equity (Total I)	DL	-721,671	-66.2%	-434,204	10.1%	-482,796
	Equity and shareholders' equity	DA	150,000	0%	150,000	0%	150,000
	Issue and merger premiums	DB	71,886	0%	71,886	0%	71,886
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	15,000	0%	15,000	0%	15,000
	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	0	0%	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	-850,547	2.6%	-873,077	18.2%	-1,066,954
	Profit or loss for the period	DI	-313,036	-1489.4%	22,530	-88.4%	193,877
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	205,026	14.2%	179,457	17.0%	153,395

Other capital resources (II)

			31/12/2012		31/12/2011		31/12/2010
	Total other capital resources (Total II)	DO	0	0%	0	0%	0
	Income from participating securities	DM	0	0%	0	0%	0
	Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

			31/12/2012		31/12/2011		31/12/2010
	Total provisions for risks and charges (Total III)	DR	302,518	-42.5%	526,044	3.3%	509,120
	Risk provisions	DP	302,518	-39.5%	499,644	30.3%	383,521
	Reserves for charges	DQ	0	0%	26,400	-79.0%	125,599

Liabilities (IV)

			31/12/2012		31/12/2011		31/12/2010
	Total Liabilities (Total IV)	EC	6,967,116	-9.3%	7,678,348	-10.2%	8,553,993
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	1,649,960	-15.0%	1,942,219	-15.5%	2,298,163
	Sundry loans and financial liabilities	DV	881,178	0%	881,178	0.4%	877,269
	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	2,343,061	-15.2%	2,762,735	-15.7%	3,278,251
	Tax and social security liabilities	DY	2,071,340	0.5%	2,061,666	-0.7%	2,076,897
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	21,577	-29.4%	30,550	30.5%	23,413

Translation loss (V)

		31/12/2012		31/12/2011		31/12/2010
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/12/2012		31/12/2011		31/12/2010
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	1,994,667	0%	0	0%	2,687,557
Of which current bank facilities	EH	702,275	0%	0	0%	800,275

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)

		31/12/2012		31/12/2011		31/12/2010
Operating result (Total I-II)	GG	-258,991	-354.4%	101,804	-81.6%	553,490

2 - Financial result (V - VI)

		31/12/2012		31/12/2011		31/12/2010
Financial result (Total V-VI)	GV	-69,043	-44.3%	-47,835	34.5%	-73,080

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

		31/12/2012		31/12/2011		31/12/2010
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	-328,034	-707.8%	53,969	-88.8%	480,410

4 - Extraordinary result (VII-VIII)

		31/12/2012		31/12/2011		31/12/2010
Extraordinary result (Total VII-VIII)	HI	14,998	147.7%	-31,440	89.0%	-286,533

Profit or loss

		31/12/2012		31/12/2011		31/12/2010
Profit or loss	HN	-313,036	-1489.4%	22,530	-88.4%	193,877

Total Income (I+III+V+VII)

		31/12/2012		31/12/2011		31/12/2010
Total Income (I+III+V+VII)	HL	10,667,249	-9.6%	11,802,278	-13.1%	13,588,474

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

		31/12/2012		31/12/2011		31/12/2010
Total charges (Total II+IV+VI+VIII+IX+X)	HM	10,980,286	-6.8%	11,779,749	-12.1%	13,394,597

Operating income (I)

		31/12/2012		31/12/2011		31/12/2010
Total operating income (Total I)	FR	10,423,923	-10.1%	11,600,896	-14.3%	13,531,190

Operating income (details)

			31/12/2012		31/12/2011		31/12/2010
	Sale of goods for resale	FC	2,368	-6.7%	2,538	-92.0%	31,729
	France	FA	2,368	-6.7%	2,538	-92.0%	31,729
	Export	FB	0	0%	0	0%	0
	Sale of goods produced	FF	7,120,039	-24.6%	9,442,159	-4.1%	9,842,529
	France	FD	6,911,999	-26.8%	9,442,159	-3.5%	9,784,930
	Export	FE	208,040	0%	0	0%	57,599
	Sale of services	FI	3,050,063	23.3%	2,474,213	-4.0%	2,578,275
	France	FG	3,027,739	22.4%	2,474,213	-3.7%	2,569,969
	Export	FH	22,325	0%	0	0%	8,306
	Net turnover	FL	10,172,470	-14.7%	11,918,910	-4.3%	12,452,533
	France	FJ	9,942,106	-16.6%	11,918,910	-3.8%	12,386,628
	Export	FK	230,365	0%	0	0%	65,905
	Stocked production	FM	62,137	110.6%	-587,877	-160.0%	980,214
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	0	0%	0	0%	3,300
	Release of reserves and provisions	FP	189,218	-29.5%	268,486	182.7%	94,975
	Other income	FQ	98	-92.9%	1,377	719.6%	168

Operating charges (II)

		31/12/2012		31/12/2011		31/12/2010
Total operating charges (Total II)	GF	10,682,914	-7.1%	11,499,092	-11.4%	12,977,700

Exploitation charges

		31/12/2012		31/12/2011		31/12/2010
Purchase of goods for resale	FS	6,827	113.3%	3,201	285.2%	831
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	2,814,204	-20.5%	3,541,823	-25.1%	4,726,513
Change in stocks of raw materials	FV	-258,080	49.1%	-507,497	-260.8%	315,639
Other external purchases and charges	FW	3,530,893	-18.1%	4,310,613	6.0%	4,067,514
Tax, duty and similar payments	FX	207,160	7.9%	192,045	-7.5%	207,515
Payroll	FY	2,426,699	6.5%	2,277,771	10.5%	2,060,997
Social security costs	FZ	1,085,102	9.4%	992,233	7.0%	927,184

Depreciation

		31/12/2012		31/12/2011		31/12/2010
Depreciation of fixed assets	GA	232,840	-66.1%	687,251	176.6%	248,501
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	636,202	0%	0	0%	420,477
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2012		31/12/2011		31/12/2010
Other charges	GE	1,067	-35.4%	1,652	-34.7%	2,529

Operating charges (III-IV)

		31/12/2012		31/12/2011		31/12/2010
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)

			31/12/2012		31/12/2011		31/12/2010
	Total financial income (Total V)	GP	15,956	-56.5%	36,682	60.4%	22,876
	Share financial income	GJ	0	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	15,458	49.9%	10,309	-14.9%	12,109
	Released provisions and transferred charges	GM	179	98.9%	90	0%	0
	Exchange gains	GN	319	-98.8%	26,283	144.1%	10,767
	Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

			31/12/2012		31/12/2011		31/12/2010
	Total financial charge (Total VI)	GU	84,999	0.6%	84,517	-11.9%	95,956
	Financial reserves and provisions	GQ	0	0%	12,529	2121.5%	564
	Interest and similar charges	GR	48,567	-27.1%	66,643	-5.7%	70,689
	Exchange losses	GS	36,432	581.6%	5,345	-78.4%	24,703
	Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

			31/12/2012		31/12/2011		31/12/2010
	Total extraordinary income (Total VII)	HD	227,370	38.1%	164,700	378.7%	34,408
	Extraordinary operating income	HA	24,938	-84.9%	164,700	2411.4%	6,558
	Extraordinary income from capital transactions	HB	0	0%	0	0%	1,672
	Released provisions and transferred charges	HC	202,432	0%	0	0%	26,178

Extraordinary charges (VIII)

			31/12/2012		31/12/2011		31/12/2010
	Total extraordinary charges (Total VIII)	HH	212,373	8.3%	196,140	-38.9%	320,941
	Extraordinary operating charges	HE	178,903	-8.8%	196,140	8559.6%	2,265
	Extraordinary charges from capital transactions	HF	0	0%	0	0%	426
	Extraordinary reserves and provisions	HG	33,469	0%	0	0%	318,250

Employee profit sharing (IX)

		31/12/2012		31/12/2011		31/12/2010
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/12/2012		31/12/2011		31/12/2010
Tax on profits (Total X)	HK	0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	83,909	0%	0	0%	0
Of which transferred charges	A1	11,049	0%	0	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	1,001	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomes 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)

			31/12/2012		31/12/2011		31/12/2010
	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	96,757	54.7%	62,525	325.1%	14,710
	Gross value at the end of period	OL	4,812,882	0.7%	4,777,128	0.5%	4,755,499

Research and development Charge (Total I)

			31/12/2012		31/12/2011		31/12/2010
	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)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	KD	175,614	1.0%	173,914	27.6%	136,280
	Increasess due to revaluation	KE	0	0%	0	0%	37,635
	Increasess, acquisitions, creations, contributions	KF	16,651	879.5%	1,700	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	93,223	0%	0	0%	0
	Gross value at the end of period	LW	99,042	-43.6%	175,614	1.0%	173,915

Tangible fixed assets (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LN	4,431,176	1.0%	4,388,118	0.7%	4,356,762
	Increasess due to revaluation	LO	0	0%	0	0%	38,495
	Increasess, acquisitions, creations, contributions	LP	88,265	17.6%	75,068	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	3,534	-89.0%	32,008	348.4%	7,139
	Gross value at the end of period	NH	4,515,907	1.9%	4,431,178	1.0%	4,388,118

Fiancial assets (Total IV)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LQ	170,336	-12.0%	193,466	0.7%	192,063
	Increasess due to revaluation	LR	0	0%	0	0%	8,974
	Increasess, acquisitions, creations, contributions	LS	27,597	273.6%	7,387	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	30,517	303.1%	7,571
	Gross value at the end of period	NK	197,933	16.2%	170,336	-12.0%	193,466

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

			31/12/2012		31/12/2011		31/12/2010
	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)

			31/12/2012		31/12/2011		31/12/2010
	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)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	PE	152,170	11.8%	136,074	4.1%	130,714
Increases		PF	9,460	-41.2%	16,096	200.3%	5,360
Decreasess		PG	93,223	0%	0	0%	0
	Decreasess by budget item transfer	PH	68,407	-55.0%	152,170	11.8%	136,074

Total fixed assets amotisation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	QU	2,303,556	10.2%	2,090,384	12.8%	1,853,956
Increases		QV	223,381	-7.5%	241,473	-0.7%	243,141
Decreases		QW	3,534	-87.5%	28,301	321.6%	6,713
	Decreasess by budget item transfer	QX	2,523,403	9.5%	2,303,556	10.2%	2,090,384

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2012		31/12/2011		31/12/2010
	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

			31/12/2012		31/12/2011		31/12/2010
	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)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	7C	2,480,272	0%	0	0%	1,606,524
Increases		UB	669,671	0%	0	0%	739,291
Decreases		UC	380,780	0%	0	0%	110,507
	Value at the end of period	UD	2,769,163	0%	0	0%	2,235,308

Includes Total allocations

Operating	UE	636,202	0%	0	0%	420,477
Financial	UG	0	0%	0	0%	564
Exceptional	UJ	33,469	0%	0	0%	318,250

Includes Total Withdrawal

Operating	UF	178,169	0%	0	0%	84,329
Financial	UH	179	0%	0	0%	0
Exceptional	UK	202,432	0%	0	0%	26,178

Total regulated provisions (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	3Z	179,457	0%	0	0%	127,927
Increases		TS	27,750	0%	0	0%	28,250
Decreases		TT	2,182	0%	0	0%	2,782
	Value at the end of period	TU	205,026	0%	0	0%	153,395

Total risk and charge provisions (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	5Z	526,044	0%	0	0%	216,065
Increases		TV	0	0%	0	0%	316,451
Decreases		TW	223,526	0%	0	0%	23,396
	Value at the end of period	TX	302,518	0%	0	0%	509,120

Total Provision for depreciation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	7B	1,774,771	0%	0	0%	1,262,532
Increases		TY	641,921	0%	0	0%	394,590
Decreases		TZ	155,072	0%	0	0%	84,329
	Value at the end of period	UA	2,261,620	0%	0	0%	1,572,793

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

		31/12/2012		31/12/2011		31/12/2010
Gross value	VT	2,239,366	-0.9%	2,259,126	13.3%	1,993,519
1 year at most	VU	2,226,837	42.7%	1,560,529	4.5%	1,493,380
More than one year	VV	12,529	-98.2%	698,597	39.7%	500,139

State of loans

		31/12/2012		31/12/2011		31/12/2010
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	197,918	16.2%	170,321	-9.8%	188,774
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2012		31/12/2011		31/12/2010
Customers doubtful or disputed	VA	509,617	-6.7%	546,433	9.3%	500,139
Other claims customer	UX	1,102,635	-6.2%	1,175,338	101.4%	583,658
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	22,173	128.9%	9,687	-15.3%	11,436
Social Security and other social organizations	UZ	8,009	101.3%	3,978	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	170,278	-9.4%	187,928	-21.5%	239,339
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	6,357	0%	0
Group and Associates	VC	12,529	0%	12,529	45.3%	8,620
Accounts receivable (including claims relating to the operation of pension titles)	VR	144,852	135.5%	61,515	-54.9%	136,262

Prepaid

		31/12/2012		31/12/2011		31/12/2010
Prepaid	VS	71,355	-16.1%	85,040	-73.9%	325,291

State Debt

			31/12/2012		31/12/2011		31/12/2010
	Total debt (gross)	VY	6,967,119	-9.3%	7,678,347	-10.2%	8,553,994
1 year at most		VZ2	1,994,666	-11.0%	2,241,833	-16.6%	2,687,558
More than 1 year and 5 years at most		VZ3	2,269,211	14.5%	1,982,045	3.3%	1,917,950
More than 5 years		VZ4	2,703,242	-21.7%	3,454,469	-12.5%	3,948,486

Details

			31/12/2012		31/12/2011		31/12/2010
	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	702,275	-5.4%	742,358	-7.2%	800,275
1 year at most		VG2	57,855	36.9%	42,246	-30.0%	60,385
More than 1 year and 5 years at most		VG3	326,188	46.4%	222,763	7.7%	206,851
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	947,685	-21.0%	1,199,861	-19.9%	1,497,888
1 year at most		VH2	225,052	36.5%	164,927	-45.0%	299,952
More than 1 year and 5 years at most		VH3	722,633	-23.6%	945,847	-0.2%	947,888
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	2,343,061	-15.2%	2,762,735	-15.7%	3,278,251
1 year at most		8B2	2,343,061	-15.2%	2,762,735	-15.7%	3,278,251
More than 1 year and 5 years at most		8B3	2,343,061	-15.2%	2,762,735	-15.7%	3,278,251
	Personnel and associated accounts (gross)	8C1	196,829	0%	0	0%	155,744
1 year at most		8C2	196,829	19.3%	164,927	5.9%	155,744
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	1,064,749	1.9%	1,044,839	-2.3%	1,069,008
1 year at most		8D2	410,892	20.0%	342,394	-5.4%	361,878
More than 1 year and 5 years at most		8D3	284,600	46.4%	194,361	12.9%	172,085
	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	595,750	-8.1%	648,015	2.5%	632,492
1 year at most		VW2	147,418	-8.4%	160,942	36.7%	117,744
More than 1 year and 5 years at most		VW3	226,935	46.4%	154,978	7.7%	143,908
	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	197,766	5.4%	187,634	-7.8%	203,404
1 year at most		VQ2	0	0%	0	0%	0
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	897,428	0%	897,428	0.4%	893,519
1 year at most		VI2	0	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	897,428	0%	897,428	0.4%	893,519
	Other liabilities (gross)	8K1	21,577	-29.4%	30,550	30.5%	23,413
1 year at most		8K2	21,577	-29.4%	30,550	30.5%	23,413
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

		31/12/2012		31/12/2011		31/12/2010
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	252,176	-13.6%	291,964	24.0%	235,528

Table allocation results and other information
Dividends distributed

		31/12/2012		31/12/2011		31/12/2010
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
Average number of employees	YP	0	0%	71	0%	0

Groups and Shareholders

		31/12/2012		31/12/2011		31/12/2010
Groups and Shareholders	ZR	0	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

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Fixed Asset Financing		0.83	-25.9%	1.12	15.5%	0.97	2.57	-67.7%
Global Debt		247 days	6.5%	232 days	-6.1%	247 days	103 days	139.8%
Working Capital Fund overall net		-29 days	-261.1%	18 days	550.0%	-4 days	61 days	-147.5%
Financial independence		-28.51%	-85.4%	-15.38%	-1.2%	-15.20%	199.37%	-114.3%
Solvability		-11.02%	-97.1%	-5.59%	0.7%	-5.63%	35.75%	-130.8%
Capacity debt futures		-77.16%	-16.0%	-66.52%	-6.7%	-62.37%	1276.30%	-106.0%
Coverage of current assets by net working capital overall		-12.45%	-249.5%	8.33%	578.7%	-1.74%	42.52%	-129.3%
General Liquidity		1.12	60.0%	0.70	25.0%	0.56	0.75	49.3%
Restricted Liquidity		1.49	3.5%	1.44	2.9%	1.40	1.14	30.7%

Management or rotation

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Need background in operating working capital		-33 days	5.7%	-35 days	36.4%	-55 days	24 days	-237.5%
Treasury		2 days	-96.0%	50 days	19.0%	42 days	13 days	-84.6%
Inventory turnover of goods		0 days	0%	0 days	0%	0 days	52 days	0%
Average length of credit granted to customers		57 days	9.6%	52 days	67.7%	31 days	57 days	0%
Average length of credit obtained suppliers		138 days	2.2%	135 days	3.8%	130 days	56 days	146.4%
Inventory turnover of raw materials in industrial enterprises		245 days	45.0%	169 days	92.0%	88 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise		225 days	-16.4%	269 days	-5.3%	284 days	1238.50 days	-81.8%
Rotation tangible assets		225.26%	-16.3%	268.98%	-5.2%	283.78%	1479.92%	-84.8%

Profitability of the business

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Margin trading		-0.04%	-300%	-0.01%	-104.0%	0.25	29.64%	-100.1%
Profitability of the business		4.15	-5.0%	4.37	-51.8%	9.07	3.94%	5.3%
Net profit		-3.08%	-1721.1%	0.19%	-87.8%	1.56%	2.22%	-238.7%
Growth rate of turnover (excluding VAT)		-14.65%	-241.5%	-4.29%	87.4%	-33.93%	0%	0%
Rates integration		40.71%	21.8%	33.42%	-3.7%	34.71%	24.28%	67.7%
Rate leasing furniture		0%	0%	0%	0%	0%	0%	0%
Work Factor		84.81%	3.3%	82.10%	18.8%	69.13%	74.17%	14.3%
Weight interests		0.84	18.3%	0.71%	-7.8%	0.77%	0.16%	425.0%

Return on capital

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Cash flow from the overall profitability		-4.20%	-169.3%	6.06%	16.1%	5.22%	3.26%	-228.8%
Rates of economic profitability		23%	4.5%	22%	-47.6%	42%	16%	43.8%
Financial profitability		-721671%	-66.2%	-434204%	10.1%	-482796%	77332%	-1033.2%
Return on investment		-12.60%	-381.2%	4.48%	-58.4%	10.76%	10.54%	-219.5%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Turnover	10,172,470	-14.7%	11,918,910	-4.3%	12,452,533	562,211 €	1709.4%

Sales of goods	2,368	-6.7%	2,538	-92.0%	31,729
- Purchase of goods	6,827	113.3%	3,201	285.2%	831
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	-4,459 €	-572.5%	-663 €	-102.1%	30,898 €	134,269.50 €	-103.3%
	-0.04 % CA	-300%	-0.01 % CA	-104.0%	0.25 % CA	30.49 % CA	-100.1%

Sale of goods produced	10,170,102	-14.7%	11,916,372	-4.1%	12,420,804
+/- Stocked production	62,137	110.6%	-587,877	-160.0%	980,214
+ Self-constructed assets	0	0%	0	0%	0
Period production	10,232,239 €	-9.7%	11,328,495 €	-15.5%	13,401,018 €	45,528.50 €	22374.4%
	100.59 % CA	5.8%	95.05 % CA	-11.7%	107.62 % CA	9.24 % CA	988.6%

Trading margin	-4,459	-572.5%	-663	-102.1%	30,898	134,269.50	-103.3%
+ Period Production	10,232,239	-9.7%	11,328,495	-15.5%	13,401,018	45,528.50	22374.4%
- Purchase of raw materials	2,814,204	-20.5%	3,541,823	-25.1%	4,726,513
+/- Change in stocks of raw materiels	-258,080	49.1%	-507,497	-260.8%	315,639
- Other external purchases and charges	3,530,893	-18.1%	4,310,613	6.0%	4,067,514
Added value	4,140,763 €	4.0%	3,982,893 €	-7.9%	4,322,250 €	143,237.50 €	2790.8%
	40.71 % CA	21.8%	33.42 % CA	-3.7%	34.71 % CA	24.28 % CA	67.7%

Added value	4,140,763 €	4.0%	3,982,893 €	-7.9%	4,322,250 €	143,237.50 €	2790.8%
+ Operating grants	0	0%	0	0%	3,300
- Tax, duty and similar payments	207,160	7.9%	192,045	-7.5%	207,515
- Personal charges	3,511,801	7.4%	3,270,004	9.4%	2,988,181
Gross operating surplus	421,802 €	-19.0%	520,844 €	-53.9%	1,129,854 €	20,821 €	1925.8%
	4.15 % CA	-5.0%	4.37 % CA	-51.8%	9.07 % CA	3.94 % CA	5.3%

Gross operating surplus	421,802 €	-19.0%	520,844 €	-53.9%	1,129,854 €	20,821 €	1925.8%
+ Release of reserves and provisions	189,218	-29.5%	268,486	182.7%	94,975
+ Other operating income	98	-92.9%	1,377	719.6%	168
- Depreciation/Amortisation	869,042	26.5%	687,251	2.7%	668,978
- Other charges	1,067	-35.4%	1,652	-34.7%	2,529
Operating result	-258,991 €	-354.4%	101,804 €	-81.6%	553,490 €	15,022.50 €	-1824.0%
	-2.55 % CA	-400%	0.85 % CA	-80.9%	4.44 % CA	2.68 % CA	-195.1%

Operating result	-258,991 €	-354.4%	101,804 €	-81.6%	553,490 €	15,022.50 €	-1824.0%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	15,956	-56.5%	36,682	60.4%	22,876
- Financial charges	84,999	0.6%	84,517	-11.9%	95,956
Pre-tax result	-328,034 €	-707.8%	53,969 €	-88.8%	480,410 €	14,164 €	-2416.0%
	-3.22 % CA	-815.6%	0.45 % CA	-88.3%	3.86 % CA	2.63 % CA	-222.4%

Extraordinary income	227,370	38.1%	164,700	378.7%	34,408	208	109212.5%
- Extraordinary charges	212,373	8.3%	196,140	-38.9%	320,941
Extraordinary result	14,997 €	147.7%	-31,440 €	89.0%	-286,533 €	0 €	0%
	0.15 % CA	157.7%	-0.26 % CA	88.7%	-2 % CA	0 % CA	0%

Pre-tax result	-328,034 €	-707.8%	53,969 €	-88.8%	480,410 €	14,164 €	-2416.0%
Extraordinary result	14,997 €	147.7%	-31,440 €	89.0%	-286,533 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	0	0%	0	0%	0
Net result	-313,037 €	-1489.5%	22,529 €	-88.4%	193,877 €	12,949 €	-2517.5%
	-3.08 % CA	-1721.1%	0.19 % CA	-87.8%	1.56 % CA	2.23 % CA	-238.1%

judgements

Collective procedures

Courts

No judgment information for the company coming from Court

Rncs

Judgment	Redressement judiciaire	Effective date	23/02/2009
Director	WINDENBERGER JENNER FABIENNE	Position	Representative judicial
Address	67201 ECKBOLSHEIM
Director	SELARL CM WEIL & N.GUYOMARD ME GUYOMARD	Position	Official receiver
Address	67300 SCHILTIGHEIM

Bodacc

Judgment	Jugement lié aux créances	Effective date	15/12/2009
Court	Strasbourg	Parution date from Gazette	14/06/2011
Avis de dépôt Dépôt de l'état des créances Dépôt de l'état des créances ; l'état des créances a été déposé au greffe du Tribunal de Grande Instance de Strasbourg, où les réclamations seront recevables dans un délai de un mois à compter de la présente publication

Judgment	Plan de continuation/Redressement	Effective date	08/12/2009
Court	Strasbourg	Parution date from Gazette	12/01/2010
Extrait de jugement Jugement de plan de redressement Jugement arrêtant le plan de continuation ; RJ N° 134/2009 ; durée du plan : 15/11/2019 (10 ans) ; commissaire à l'exécution du plan : la SELARL « C.M. WEIL & N. GUYOMARD - Administrateurs Judiciaires Associés » en la personne de Maître GUYOMARD (Nathalie), demeurant, 28, rue de Lattre-de-Tassigny, 67300 Schiltigheim

Judgment	Redressement judiciaire	Effective date	23/02/2009
Court	Strasbourg	Parution date from Gazette	19/03/2009
Jugement d'ouverture Jugement d'ouverture d'une procédure de redressement judiciaire Jugement d'ouverture de redressement judiciaire ; RJ n° 134/2009 ; administrateur judiciaire (éventuellement) : la SELARL C.M. WEIL & N. GUYOMARD - Administrateurs Judiciaires Associés, en la personne de Maître GUYOMARD (Nathalie), demeurant 28, rue de Lattre-de-Tassigny, 67300 Schiltigheim, en qualité d'administrateur, mission : assistance du débiteur ; les déclarations de créances sont à déposer dans les deux mois suivant la présente publication auprès du mandataire judiciaire ; Maître WINDENBERGER-JENNER (Fabienne), 5, rue Frères-Lumière, 67201 Eckbolsheim ; date de cessation des paiements : 01/09/2008

Other sources

Judgment	Modification de plan	Effective date	08/12/2009
Court	Tribunal d'Instance de STRASBOURG
Directors	SELARL C.M.WEIL & N.GUYOMARD 28 RUE DE TASSIGNY 67300 SCHILTIGHEIM

Judgment	Plan de continuation / plan de redressement	Effective date	08/12/2009
Court	STRASBOURG
Directors	COMMISSAIRE AU PLAN : SELARL C.M.WEIL & N.GUYOMARD - 28 RUE DE TASSIGNY - 67300 - SCHILTIGHEIM

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

Preferential rights details and history

Status of collection

This company is not under monitoring

Group data

Group Structure

No group information available for the company

Shareholders

No Shareholders available for this company

Linkages

No Linkages information available for the company

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
03/11/2014	Bodacc C	Comptes annuels et rapports
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 2452 - 383643731 RCS. COP CHEKS OUT PRODUCTION. Forme : S.A.S.. Adresse : zone artisanale, 7, rue du Chêne, 67150 Nordhouse. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.
01/09/2013	Bodacc C	Comptes annuels et rapports
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1555 - 383643731 RCS. COP CHEKS OUT PRODUCTION. Forme : S.A.S.. Adresse : zone artisanale, 7, rue du Chêne, 67150 Nordhouse. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
06/12/2012	Bodacc C	Comptes annuels et rapports
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 2197 - 383643731 RCS. COP CHEKS OUT PRODUCTION. Forme : S.A.S.. Adresse : zone artisanale, 7, rue du Chêne, 67150 Nordhouse. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
07/11/2012	Bodacc B	Modification et mutation diverse
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1355 - 383 643 731 RCS Strasbourg. COP CHECKS OUT PRODUCTION. Forme : SAS. Administration : président : BONETTO (Pascal) ; commissaire aux comptes titulaire : WUSCHER (Thierry) ; commissaire aux comptes suppléant : DAEFFLER (Yvan). Activité : . Commentaires : modification survenue sur l'administration.
14/03/2012	Bodacc C	Comptes annuels et rapports
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 2252 - 383643731 RCS. COP CHEKS OUT PRODUCTION. Forme : S.A.S.. Adresse : Zone artisanale, 7, rue du Chêne, 67150 Nordhouse. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/05/2008.
14/03/2012	Bodacc C	Comptes annuels et rapports
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 2254 - 383643731 RCS. COP CHEKS OUT PRODUCTION. Forme : S.A.S.. Adresse : Zone artisanale, 7, rue du Chêne, 67150 Nordhouse. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
14/03/2012	Bodacc C	Comptes annuels et rapports
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 2253 - 383643731 RCS. COP CHEKS OUT PRODUCTION. Forme : S.A.S.. Adresse : Zone artisanale, 7, rue du Chêne, 67150 Nordhouse. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
14/06/2011	Bodacc A	Avis de dépôt
67 - BAS-RHIN TRIBUNAL DE GRANDE INSTANCE DE STRASBOURG 2536 - Date : 15 décembre 2009. Dépôt de l'état des créances. 383 643 731 RCS Strasbourg. SAS COP CHECKS OUT PRODUCTION. Forme : S.A.S. Activité : gestion administrative et financière. Adresse : 7 rue du Chêne, Zone Artisanale, 67150 Nordhouse. Complément de jugement : Dépôt de l'état des créances ; l'état des créances a été déposé au greffe du Tribunal de Grande Instance de Strasbourg, où les réclamations seront recevables dans un délai de un mois à compter de la présente publication.
12/01/2010	Bodacc A	Extrait de jugement
67 - BAS-RHIN TRIBUNAL DE GRANDE INSTANCE DE STRASBOURG 1391 - Date : 8 décembre 2009. Jugement de plan de redressement. 383 643 731 RCS Strasbourg. SAS COP CHECKS OUT PRODUCTION. Forme : S.A.S. Activité : mise en place d'agencement de magasins. Adresse : 7 rue du Chêne, Zone Artisanale, 67150 Nordhouse. Complément de jugement : Jugement arrêtant le plan de continuation ; RJ N° 134/2009 ; durée du plan : 15/11/2019 (10 ans) ; commissaire à l'exécution du plan : la SELARL « C.M. WEIL & N. GUYOMARD - Administrateurs Judiciaires Associés » en la personne de Maître GUYOMARD (Nathalie), demeurant, 28, rue de Lattre-de-Tassigny, 67300 Schiltigheim.
19/03/2009	Bodacc A	Jugement d'ouverture
67 - BAS-RHIN TRIBUNAL DE GRANDE INSTANCE DE STRASBOURG 2189 - Date : 23 février 2009. Jugement d'ouverture d'une procédure de redressement judiciaire. 383 643 731 RCS Strasbourg. SAS COP CHECKS OUT PRODUCTION. Forme : S.A.S. Activité : agencement de magasins. Adresse : 7 rue du Chêne, Zone Industrielle, 67150 Nordhouse. Complément de jugement : Jugement d'ouverture de redressement judiciaire ; RJ n° 134/2009 ; administrateur judiciaire (éventuellement) : la SELARL C.M. WEIL & N. GUYOMARD - Administrateurs Judiciaires Associés, en la personne de Maître GUYOMARD (Nathalie), demeurant 28, rue de Lattre-de-Tassigny, 67300 Schiltigheim, en qualité d'administrateur, mission : assistance du débiteur ; les déclarations de créances sont à déposer dans les deux mois suivant la présente publication auprès du mandataire judiciaire ; Maître WINDENBERGER-JENNER (Fabienne), 5, rue Frères-Lumière, 67201 Eckbolsheim ; date de cessation des paiements : 01/09/2008.
23/05/2008	Bodacc C	Comptes annuels et rapports
67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1687 - 383643731 RCS. COP CHEKS OUT PRODUCTION. Forme : S.A.S. Adresse : zone artisanale, 7, rue du Chêne, 67150 Nordhouse. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/05/2007.
24/07/2007	Bodacc B	Modifications et mutations diverses
1681 - Ancienne situation du siège social : RCS Strasbourg 383 643 731. RC 95-B 426. COP CHEKS OUT PRODUCTION. Sigle : COP. Forme : S.A.S. Capital : 150 000 euros. Nom commercial : C.O.P. Adresse : Zone artisanale, rue du Chêne, 67150 Nouvelle situation du siège social - Adresse : Zone artisanale, 7 rue du Chêne, 67150 Commentaires : modification survenue sur l'adresse du siège social suite à l'attribution d'un numéro de rue. Date d'effet : 26 mars 2007.
28/02/2007	Bodacc C	Avis de dépôt des comptes
1920 - RCS Strasbourg B 383 643 731. RC 95-b 426. COP CHEKS OUT PRODUCTION. Forme: S.A.S. Adresse du siège social: Z.A., rue du Chêne,67150 Nordhouse. Comptes annuels et rapports de l'exercice clos le: 31 mai 2006.
25/01/2007	Bodacc B	Modifications et mutations diverses
1650 - Ancienne situation du siège social : RCS Strasbourg 383 643 731. RC 95-B 426. COP CHEKS OUT PRODUCTION. Sigle : COP. Forme : S.A. Capital : 150 000 euros. Nom commercial : C.O.P. S.A. Adresse : Zone artisanale, rue du Chêne, 67150 Nouvelle situation du siège social - Forme : S.A.S. Administration : président : BONETTO (Pascal). Ancien président directeur général : BELKHAMSA (Arsène). Anciens administrateurs : RUDLOFF (Emmanuelle) et LEICHT (Séverine). Date d'effet : 30 juin 2006.
13/01/2007	Bodacc C	Avis de dépôt des comptes
1739 - RCS Strasbourg B 383 643 731. RC 95-b 426. COP CHEKS OUT PRODUCTION. Forme: S.A.. Adresse du siège social: Z.A., rue du Chêne,67150 Nordhouse. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
26/10/2005	Bodacc C	Avis de dépôt des comptes
2323 - RCS Strasbourg B 383 643 731. RC 95-b 426. COP CHEKS OUT PRODUCTION. Forme: S.A.. Adresse du siège social: Z.A., rue du Chêne,67150 Nordhouse. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
01/02/2005	Bodacc C	Avis de dépôt des comptes
2032 - RCS Strasbourg B 383 643 731. RC 95-b 426. COP CHEKS OUT PRODUCTION. Forme: S.A.. Adresse du siège social: Z.A., rue du Chêne,67150 Nordhouse. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.
09/12/2003	Bodacc B	Modifications et mutations diverses
RCS Strasbourg 383643731 RC 95-B 426 COP CHEKS OUT PRODUCTION. Sigle : COP. Forme : S.A. Capital : 150 000 euros Nom commercial: C.O.P. S.A. Adresse du siège social : Z.A., rue du Chene, 67150 Nordhouse. Administration : anciens administrateurs : LETENDRE, née REINLING (Sylvie) et GROSS (Yolande). Nouveaux administrateurs : LEICHT ( Séverine) et RUDLOFF (Emmanuelle). Date d'effet : 27 juin 2003.
09/03/2001	Bodacc B	Modifications et mutations diverses
RCS Strabourg b 383643731 RC 95-b 426 c. o.p. cheks out production. Sigle : C.O.P. Forme : S.A. Capital : 150 000 Eur Nom commercial: C.O.P. S.A. Adresse du siège social : Z.A., rue du Chene, 67150 Nordhouse. Commentaires : augmentation du capital de 250 000 F, à 983 935,50 F et conversion en euros, soit 150 000 Eur. Date d'effet : 08décembre2000.
13/05/1997	Bodacc B	Modifications et mutations diverses
Ancienne situation du siège social. RCS Strasbourg B 383 643 731 RC 95-B 426 COP CHEKS OUT PRODUCTION. Sigle : COP. Forme : S.A. Capital : 250 000 F (fixe) Nom commercial: C.O.P. S.A. Adresse : zone artisanale, rue du Chene, Nordhouse 67150 Erstein Nouvelle situation du siège social. Activité : commercialisation et fabrication de meubles et comptoirs, gestion administrative de toutes sociétés. Commentaires : modification de l' activité de la société : ancienne : gestion administrative, commerciale et financières de toutes sociétés, commercialisation et fabrication de meubles et comptoirs de sortie. Date d'effet : 31 décembre 1996.
23/06/1995	Bodacc B	Modifications et mutations diverses
RCS. RCS Strasbourg B 383 643 731 A dater du: 4 avril 1995 RC RC 95-B 426 COP CHEKS OUT PRODUCTION. Sigle : COP. Forme : S.A. Capital : 250 000 F (fixe) Nom commercial: Cop S.A. Adresse du siège social : zone artisanale, rue du Chene Nordhouse 67150 Erstein. Administration : président-directeur général : BELKHAMSA (Arsène) Administrateurs : Mme LETENDRE, née REINLING (Sylvie) GROSS (Yolande). Commissaire aux comptes titulaire : ZEDER (Marc). Commissaire aux comptes suppléant : WEIL (Jean-Louis). Commentaires : transfert du siège du 50, rue Edgar-Heywang, 67140 Bourgheim Etablissement principal: Activité : gestion administrative , commerciale et financière de toutes sociétés, commercialisation et fabrication de meubles et comptoirs de sortie. Enseigne : Cop S.A. Adresse : zone artisanale, rue du Chene Nordhouse 67150 Erstein. Date d'effet : 12 juillet 1994.
02/06/1995	Bodacc B	Modifications et mutations diverses
RCS Saverne B 383643731 RC 92-B 93 CHECKS OUT PRODUCTION. Sigle : C.O.A. Forme : S.A.R.L. Activité : fabrication et commercialisation de meubles et comptoirs destinés aux grandes surfaces gestion administrative, commerciale et financière de toutes sociétés ou autres structures. Adresse du siège social : 50, rue Edgard-Heywang, Bourgheim, 67140 Barr Date de radiation: 12 juillet 1994.

Company events history

Date	Description
03/11/2014	Bodacc C : Deposit accounts notice
26/03/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
04/03/2014	Update Rating
04/03/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
01/09/2013	Bodacc C : Deposit accounts notice
31/12/2012	New accounts available
06/12/2012	Bodacc C : Deposit accounts notice
07/11/2012	Bodacc B: Various editing or changing
03/08/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
21/03/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
14/03/2012	Bodacc C : Deposit accounts notice
31/12/2011	New accounts available
20/10/2011	Change to corporate purpose
20/10/2011	Private document
14/06/2011	New collective procedure
31/12/2010	New accounts available
12/01/2010	New collective procedure
31/12/2009	New accounts available
08/12/2009	New collective procedure
23/07/2009	Amendment
23/07/2009	New closing date
23/07/2009	Minutes of general meeting of shareholders
23/07/2009	Updated articles of association
23/07/2009	Private document
19/03/2009	New collective procedure
23/02/2009	New collective procedure
31/05/2008	New accounts available
23/05/2008	Bodacc C : Deposit accounts notice
31/05/2007	New accounts available
21/05/2007	Amendment
21/05/2007	Acte modificatif
21/05/2007	Updated articles of association
21/05/2007	Statuts mis à jour
21/05/2007	Minutes of general meeting of shareholders
21/05/2007	PV d'Assemblée
21/05/2007	Private document
21/05/2007	Acte sous seing privé
21/05/2007	Registered office transferred inside jurisdiction of the Commercial Court
21/05/2007	Transfert du Siège dans le ressort du Tribunal de Commerce
26/04/2007	Acte modificatif
26/04/2007	Minutes of Board meeting
26/04/2007	PV du Conseil d'Administration
26/04/2007	Private document
26/04/2007	Amendment
26/04/2007	Acte sous seing privé
26/03/2007	Modification to Establishment Address or Identifier
18/12/2006	Changement de Forme Juridique avec changement de catégorie
18/12/2006	New legal form – no new category
18/12/2006	Changement de date de clôture
18/12/2006	New closing date
18/12/2006	Acte sous seing privé
18/12/2006	Private document
18/12/2006	Nomination/démission des organes de gestion
18/12/2006	Appointment/resignation of company officers
18/12/2006	PV d'Assemblée
18/12/2006	Minutes of general meeting of shareholders
18/12/2006	Statuts mis à jour
18/12/2006	Updated articles of association
18/12/2006	Rapport des Commissaires ou du Gérant
18/12/2006	Audit or Management Report
18/12/2006	Acte modificatif
30/11/2006	Updated articles of association
30/11/2006	Statuts mis à jour
30/11/2006	Minutes of general meeting of shareholders
30/11/2006	PV d'Assemblée
30/11/2006	Acte sous seing privé
30/11/2006	Private document
31/05/2006	New accounts available
31/12/2005	New accounts available
31/12/2004	New accounts available
31/12/2003	New accounts available
13/11/2003	Acte sous seing privé
13/11/2003	Acte modificatif
13/11/2003	PV du Conseil d'Administration
01/02/2001	Conversion du Capital Social en Euros
01/02/2001	Statuts mis à jour
01/02/2001	Acte sous seing privé
01/02/2001	PV d'Assemblée
01/02/2001	Augmentation de Capital
01/02/2001	Acte modificatif
01/08/2000	Nomination/démission des organes de gestion
01/08/2000	Acte sous seing privé
01/08/2000	PV d'Assemblée
01/08/2000	Acte modificatif
26/03/1998	Acte modificatif
26/03/1998	Acte sous seing privé
26/03/1998	PV du Conseil d'Administration
26/03/1998	PV d'Assemblée
26/03/1998	Nomination/démission des organes de gestion
30/04/1997	Modification de l'objet social
30/04/1997	Acte sous seing privé
30/04/1997	Déclaration de conformité
30/04/1997	PV d'Assemblée
30/04/1997	Acte modificatif
24/03/1997	Acte sous seing privé
24/03/1997	PV d'Assemblée
24/03/1997	Acte modificatif
24/03/1997	Modification de l'objet social
24/03/1997	Statuts mis à jour
24/03/1997	Déclaration de conformité
29/11/1996	Fusion
29/11/1996	Acte modificatif
29/11/1996	Acte sous seing privé
04/04/1995	Statuts mis à jour
04/04/1995	PV du Conseil d'Administration
04/04/1995	Changement de Forme Juridique avec changement de catégorie
04/04/1995	Changement de Forme Juridique sans changement de catégorie
04/04/1995	PV d'Assemblée
04/04/1995	Nomination/démission des organes de gestion
04/04/1995	Immatriculation suite à transfert
04/04/1995	Acte modificatif
01/12/1994	Immatriculation suite à transfert
01/12/1994	Changement de Forme Juridique sans changement de catégorie
01/12/1994	Changement de Forme Juridique avec changement de catégorie
01/12/1994	Acte modificatif
01/12/1994	PV d'Assemblée
01/12/1994	Nomination/démission des organes de gestion
25/07/1994	PV d'Assemblée
20/05/1994	Nomination/démission des organes de gestion
20/05/1994	Acte sous seing privé
20/05/1994	Cession de parts
20/05/1994	Acte modificatif
20/05/1994	PV d'Assemblée
03/05/1994	PV d'Assemblée
03/05/1994	Changement de dénomination sociale
03/05/1994	Statuts mis à jour
03/05/1994	Déclaration de conformité
03/05/1994	Acte modificatif
03/05/1994	Augmentation de Capital
03/05/1994	Modification de l'objet social
18/11/1993	PV d'Assemblée
18/11/1993	Nomination/démission des organes de gestion
18/11/1993	Changement de Gérant
18/11/1993	Déclaration de conformité
18/11/1993	Acte modificatif
18/11/1993	Statuts mis à jour
18/11/1993	Immatriculation suite à transfert
18/08/1993	PV d'Assemblée
18/08/1993	Acte modificatif
18/08/1993	Transfert du Siège hors du ressort du Tribunal de Commerce
18/08/1993	Changement de Gérant
18/08/1993	Nomination/démission des organes de gestion
23/01/1992	PV d'Assemblée
23/01/1992	Nomination/démission des organes de gestion
23/01/1992	Statuts
23/01/1992	Acte sous seing privé
23/01/1992	Acte modificatif
23/01/1992	Formation de Société
23/01/1992	Déclaration de conformité

directors

Name	M. BONETTO PASCAL
Manager position	President	Date of birth	06/02/1965
Place of birth	GARDENNE
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
President	M ARSENE BELKHAMSA	10/5/1948 - ERSTEIN
Administrator	MME SEVERINE LEICHT	11/30/1974 - STRASBOURG
Administrator	MME EMMANUELLE RUDLOFF	10/9/1974 - STRASBOURG

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.93
UK Pound	1	Rs.97.39
Euro	1	Rs.77.21

INFORMATION DETAILS

Analysis Done by :	DIV
Report Prepared by :	TPT

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.