MIRA INFORM REPORT

Report Date :

08.12.2014

IDENTIFICATION DETAILS

Name :	CEREXAGRI
Registered Office :	Pole Galilee 3 - Niveau 1, Parc St Christophe, 95800 Cergy
Country :	France
Financials (as on) :	31.03.2013
Date of Incorporation :	November 1956
Com. Reg. No.:	1 569 804 982
Legal Form :	Simplified Joint Stock Company With Single Associate
Line of Business :	Manufacture of pesticides and other agrochemical € ™ s products (2020Z)
No of Employees :	100 to 199

RATING & COMMENTS

MIRA’s Rating :

Ba

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

Status :	Satisfactory
Payment Behaviour :	Slow but correct
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 – September 30, 2014

Country Name	Previous Rating (30.06.2014)	Current Rating (30.09.2014)
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

Company summary

Name

CEREXAGRI

SIRET

569 804 982 00399

Personal comment

company summary

EUR VAT Number	FR60569804982
Activity (APE)	Manufacture of pesticides and other agrochemical € ™ s products (2020Z)	Legal form	Simplified Joint Stock Company with Single Associate
Phone		RCS Registration	RCS Pontoise 1 569 804 982
Fax		Share capital	13,241,770 Euros
Address	CEREXAGRI Pole Galilee 3 - Niveau 1 Parc St Christophe 95800 Cergy	Incorporated Date	11/1956
Nationality	France	Status	Economically active

Payment Information Summary - Trade Payment Data
Total number of Invoices available	13
Total number of Invoices paid within or up to 30 days after the due date	11
Total number of Invoices paid more than 30 days after the due date	0
Total number of Invoices currently outstanding where the due date has not yet been reached	2
Total number of Invoices currently outstanding beyond the due date	0

Last published preferential right	This company is not under monitoring
Collection of preferential rights for this company has been stopped by the Court

Ultimate Holding Company
Company Name	Company number
UNITED PHOSPHORUS LIMITED	02844616

Current Directors

1

Trading to Date	03/31/2013	03/31/2012	03/31/2011
Turnover	83,795,894 €	89,653,917 €	84,515,948 €
Gross Operating Surplus	2.02 % Turnover	2.33 % Turnover	2.05 % Turnover
Shareholders’ equity	22,213,567 €	21,685,041 €	20,799,559 €
Net result	528,526 €	885,483 €	848,073 €
Employees	100 to 199 employees	-	-

Trends
Profitability
Liquidity
Net worth

company details

Company details

Activity (APE)	Fabrication de pesticides et d’autres produits agrochimiques (2020Z)
RCS Registration	RCS Pontoise 1 569 804 982	Share capital	13,241,770 Euros
Registration Court	Pontoise (78)	Legal form	Simplified Joint Stock Company with Single Associate
Court Registry Number	20 1 3B00381	EUR VAT Number	FR60569804982
Incorporation Date	11/1956	Formation Date
Deregistration Date		Last account Date	31/03/2013
Nationality	France

Establishment details

Activity (APE)	Fabrication de pesticides et d’autres produits agrochimiques (2020Z)	Business Pages FT®
Postal Address	CEREXAGRI  POLE GALILEE 3 - NIVEAU 1  PARC ST CHRISTOPHE 95800 CERGY	Trading Address	PARC ST CHRISTOPHE 95800 CERGY
Telephone
Fax

Type	Head office	Status	Economically active
Formation Date	01/2013	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department		Region	Ile-de-France
District		Area
City	CERGY	Size of urban area

Other establishments

Branches	5 branch entities in this company
Head office	> CEREXAGRI <<<  - Fabrication de pesticides et d’autres produits agrochimiques (2020Z)  in CERGY  (95800)
Secondary establishments	>  CEREXAGRI  - Fabrication de pesticides et d’autres produits agrochimiques (2020Z)  in PLAISIR  (78370)  >  CEREXAGRI  - Fabrication de pesticides et d’autres produits agrochimiques (2020Z)  in VAAS  (72500)  >  CEREXAGRI  - Fabrication de pesticides et d’autres produits agrochimiques (2020Z)  in MARSEILLE 14  (13014)  >  CEREXAGRI  - Fabrication de pesticides et d’autres produits agrochimiques (2020Z)  in COURBEVOIE  (92400)  > ...

Regionality	Legal unit with multiple establishments in many areas but no one grouping more than 50% of workforce
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

50 to 99 employees

Company workforce

100 to 199 employees

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts 

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/03/2013	31/03/2012	31/03/2011
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Date of capture	11/12/2013	06/06/2013	12/01/2012
Activity Code	2020Z	2020Z	2020Z
Employees	0	0	166

Active account

Annual Accounts	31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	8,051,651	2.2%	7,879,456	24.3%	6,341,554	223,423	3503.8%
- Intangible assets	4,453,071	-5.8%	4,726,867	261.8%	1,306,318	45,197	9752.6%
- Tangible assets	7,380,171	11.8%	6,604,077	39.8%	4,725,181	195,640	3672.3%
- Financial assets	73,560	-81.8%	403,663	-2.7%	414,960	7,164	926.8%
Net current assets	52,474,998	-33.1%	78,454,683	33.5%	58,786,231	1,114,278	4609.3%
- Stocks	13,941,005	-16.3%	16,662,727	-7.2%	17,946,293	243,358	5628.6%
- Advanced payments	361,098	-33.1%	128,582	-73.4%	483,369	0	0%
- Receivables	31,547,840	-23.0%	40,994,273	26.0%	32,531,742	629,548	4911.2%
- Securities and cash	6,625,055	-67.9%	20,669,101	164.1%	7,824,827	73,369	8929.8%
- Prepaid expenses	-	-	-	-	-	109.50	-
Accounts of regularization	0	0%	0	0%	3,711	0	0%
Total Assets	60,526,649	-29.9%	86,334,137	32.6%	65,131,495	1,167,735	5083.3%

Passive Account

Annual Accounts	31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Shareholders' equity	22,213,567	2.4%	21,685,041	4.3%	20,799,559	707,137	3041.3%
Share capital	13,241,770	0%	13,241,770	0%	13,241,770	134,400	9752.5%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	973,800	-33.6%	1,466,673	-1.7%	1,492,383	0	0%
Liabilities	37,339,282	-40.9%	63,182,424	47.5%	42,839,554	627,331	5852.1%
- Financial liabilities	148,496	-99.3%	20,140,858	146.6%	8,169,018	148,496	0%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	18,532,210	-34.6%	28,357,868	49.9%	18,920,571	298,887	6100.4%
- Tax and social liabilities	3,332,526	1.1%	3,295,993	16.3%	2,834,972	264,686	1159.0%
- Other debts and fixed assets liabilities	15,326,050	34.6%	11,387,705	-11.8%	12,914,993	31,361	48769.8%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	60,526,649	-29.9%	86,334,137	32.6%	65,131,495	1,167,736	5083.2%

Results

Annual Accounts	31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Sales of Goods	84,050,513	-6.6%	89,954,850	8.9%	82,591,396	1,884,429	4360.3%
Net turnover	83,795,894	-6.5%	89,653,917	6.1%	84,515,948	1,720,555	4770.3%
- of which net export turnover	33,613,123	-13.4%	38,822,353	23.4%	31,448,094	24,356	137907.6%
Operating charges	84,158,247	-6.4%	89,925,252	8.8%	82,643,888	1,632,808	5054.2%
Operating profit/loss	-107,734	-464.0%	29,598	156.4%	-52,492	89,718	-220.1%
Financial income	635,589	0.4%	633,356	6.9%	592,563	7,143	8798.1%
Financial charges	693,995	-28.5%	970,704	6.8%	908,959	9,147	7487.1%
Financial profit/loss	-58,406	82.7%	-337,348	-6.6%	-316,396	-261	-22277.8%
Pretax net operating income	-166,140	46.0%	-307,750	16.6%	-368,888	57,417	-389.4%
Extraordinary income	1,548,261	-5.4%	1,636,138	20.0%	1,363,545	2,870	53846.4%
Extraordinary charges	813,751	83.7%	442,905	202.1%	146,586	1,524	53295.7%
Extraordinary profit/loss	734,510	-38.4%	1,193,233	-1.9%	1,216,959	0	0%
Net result	528,526	-40.3%	885,483	4.4%	848,073	101,896	418.7%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/03/2013	31/03/2012	31/03/2011
Months	12	12	12

Accounts - Active 
Current Assets |  Equalization accounts |  Reference 

Grand Total - Passive Accounts (I to IV)

		31/03/2013		31/03/2012		31/03/2011
Grand Total (I to VI)	Net	60,526,649	-29.9%	86,334,137	32.6%	65,131,495
Gross	CO	97,458,475	-20.2%	122,135,601	21.7%	100,387,023
Amortisation	1A	36,931,826	3.2%	35,801,464	1.5%	35,255,528

Non declared distributed capital (I)

		31/03/2013		31/03/2012		31/03/2011
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

		31/03/2013		31/03/2012		31/03/2011
Total Active fixed asset (II)	Net	8,051,651	2.2%	7,879,456	24.3%	6,341,554
Gross	BJ	44,159,742	2.9%	42,917,810	4.2%	41,172,233
Amortisation	BK	36,108,091	3.1%	35,038,354	0.6%	34,830,679

Intangilble fixed assets

			31/03/2013		31/03/2012		31/03/2011
	Start-up cost	Net	104,905	0%	104,905	0%	104,905
	Gross	AB	104,905	0%	104,905	0%	104,905
	Amortisation	AC	104,905	0%	104,905	0%	104,905
	R & D expenses	Net	512,196	-31.9%	752,584	-13.7%	872,100
	Gross	CX	3,641,040	0.2%	3,632,914	4.3%	3,483,746
	Amortisation	AE	3,128,844	8.6%	2,880,330	10.3%	2,611,646
	Distributorships, patents	Net	66,006	-10.1%	73,390	-9.1%	80,774
	Gross	AF	233,715	0%	233,715	0%	233,715
	Amortisation	AG	167,709	4.6%	160,325	4.8%	152,941
	Goodwill	Net	3,750,246	0%	3,750,246	2042.1%	175,075
	Gross	AH	3,750,246	0%	3,750,246	-7.0%	4,032,246
	Amortisation	AI	3,750,246	0%	3,750,246	-2.8%	3,857,171
	Other intangible fixed assets	Net	19,718	-56.9%	45,742	-37.7%	73,464
	Gross	AJ	321,592	0%	321,592	-8.0%	349,684
	Amortisation	AK	301,874	9.4%	275,850	-0.1%	276,220
	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	4,453,071	-5.8%	4,726,867	261.8%	1,306,318

Tangilble fixed assets

		31/03/2013		31/03/2012		31/03/2011
Lands	Net	1,269,108	-0.2%	1,271,284	-0.2%	1,273,588
Gross	AN	1,359,158	0%	1,359,158	0%	1,359,158
Amortisation	AO	90,050	2.5%	87,874	2.7%	85,570
Buildings	Net	3,000,507	32.0%	2,273,011	26.7%	1,793,841
Gross	AP	18,788,257	6.9%	17,582,134	3.6%	16,976,049
Amortisation	AQ	15,787,750	3.1%	15,309,123	0.8%	15,182,208
Plant	Net	2,726,558	2.4%	2,662,498	126.5%	1,175,493
Gross	AR	13,483,796	3.0%	13,097,124	14.3%	11,454,374
Amortisation	AS	10,757,238	3.1%	10,434,626	1.5%	10,278,881
Other tangible fixed assets	Net	58,733	-45.0%	106,739	-42.0%	183,992
Gross	AT	2,067,781	-0.7%	2,082,221	1.5%	2,052,231
Amortisation	AU	2,009,048	1.7%	1,975,482	5.7%	1,868,239
Fixed assets in construction	Net	325,265	11.9%	290,545	-2.6%	298,267
Gross	AV	335,692	-4.1%	350,138	-50.8%	711,165
Amortisation	AW	10,427	-82.5%	59,593	-85.6%	412,898
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	7,380,171		6,604,077		4,725,181

Financial assets

		31/03/2013		31/03/2012		31/03/2011
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	5,879	20.5%	4,879	0%	4,879
Gross	CU	5,879	20.5%	4,879	0%	4,879
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	19,000	0%	0	0%	0
Gross	BF	19,000	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	48,681	-87.8%	398,784	-2.8%	410,081
Gross	BH	48,681	-87.8%	398,784	-2.8%	410,081
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		73,560		403,663		414,960

Current Assets (III)

		31/03/2013		31/03/2012		31/03/2011
Total Assets	Net	52,474,998	-33.1%	78,454,683	33.5%	58,786,231
Gross	CJ	53,298,733	-32.7%	79,217,794	33.8%	59,211,080
Amortisation	CK	823,735	7.9%	763,111	79.6%	424,849

Stocks

		31/03/2013		31/03/2012		31/03/2011
Raw materials	Net	5,863,370	-30.1%	8,389,676	-10.3%	9,348,152
Gross	BL	5,998,498	-28.5%	8,389,676	-10.3%	9,348,152
Amortisation	BM	135,128	0%	0	0%	0
Work in progress (goods)	Net	0	0%	0	0%	0
Gross	BN	0	0%	0	0%	0
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	7,186,793	4.5%	6,874,327	-4.2%	7,172,066
Gross	BR	7,186,793	4.5%	6,874,327	-4.2%	7,172,066
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	890,842	-36.3%	1,398,724	-1.9%	1,426,075
Gross	BT	890,842	-36.3%	1,398,724	-1.9%	1,426,075
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	13,941,005	-16.3%	16,662,727	-7.2%	17,946,293

Advance payments to suppliers

		31/03/2013		31/03/2012		31/03/2011
Advance payments to suppliers	Net	361,098	180.8%	128,582	-73.4%	483,369
Gross	BV	361,098	180.8%	128,582	-73.4%	483,369
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/03/2013		31/03/2012		31/03/2011
Trade accounts receivable	Net	22,611,760	-1.7%	23,010,596	3.7%	22,183,360
Gross	BX	23,300,367	-2.0%	23,773,707	5.2%	22,608,209
Amortisation	BY	688,607	-9.8%	763,111	79.6%	424,849
Other debtors	Net	8,739,722	-51.2%	17,915,260	74.5%	10,263,950
Gross	BZ	8,739,722	-51.2%	17,915,260	74.5%	10,263,950
Amortisation	CA	0	0%	0	0%	0
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total Debtors	Net	31,351,482	-23.4%	40,925,856	26.1%	32,447,310

Divers

		31/03/2013		31/03/2012		31/03/2011
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	6,625,055	-67.9%	20,669,101	164.1%	7,824,827
Gross	CF	6,625,055	-67.9%	20,669,101	164.1%	7,824,827
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	6,625,055	-67.9%	20,669,101	164.1%	7,824,827

Prepaid expenses

		31/03/2013		31/03/2012		31/03/2011
Prepaid expenses	Net	196,358	187.0%	68,417	-19.0%	84,432
Gross	CH	196,358	187.0%	68,417	-19.0%	84,432
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/03/2013		31/03/2012		31/03/2011
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%	3,711
Gross		0	0%	0	0%	3,711

References

		31/03/2013		31/03/2012		31/03/2011
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	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)

		31/03/2013		31/03/2012		31/03/2011
Grand Total (I to V)	EE	60,526,649	-29.9%	86,334,137	32.6%	65,131,495

Shareholder Equity (I)

		31/03/2013		31/03/2012		31/03/2011
Total shareholders' equity (Total I)	DL	22,213,567	2.4%	21,685,041	4.3%	20,799,559
Equity and shareholders' equity	DA	13,241,770	0%	13,241,770	0%	13,241,770
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	1,324,177	0%	1,324,177	0%	1,324,177
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	5,705,013	18.4%	4,819,530	21.4%	3,971,458
Profit or loss for the period	DI	528,526	-40.3%	885,483	4.4%	848,073
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	1,414,081	0%	1,414,081	0%	1,414,081

Other capital resources (II)

		31/03/2013		31/03/2012		31/03/2011
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)

		31/03/2013		31/03/2012		31/03/2011
Total provisions for risks and charges (Total III)	DR	973,800	-33.6%	1,466,673	-1.7%	1,492,383
Risk provisions	DP	973,800	-33.6%	1,466,673	-1.7%	1,492,383
Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

		31/03/2013		31/03/2012		31/03/2011
Total Liabilities (Total IV)	EC	37,339,282	-40.9%	63,182,424	47.5%	42,839,554
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	148,496	-99.3%	20,140,858	146.6%	8,169,018
Sundry loans and financial liabilities	DV	0	0%	0	0%	0
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	18,532,210	-34.6%	28,357,868	49.9%	18,920,571
Tax and social security liabilities	DY	3,332,526	1.1%	3,295,993	16.3%	2,834,972
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	15,326,050	34.6%	11,387,705	-11.8%	12,914,993

Translation loss (V)

		31/03/2013		31/03/2012		31/03/2011
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/03/2013		31/03/2012		31/03/2011
Deferred income	EB	0	0%	0	0%	0

References

		31/03/2013		31/03/2012		31/03/2011
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	0	0%	0
Of which current bank facilities	EH	85,715	0%	0	0%	8,169,018

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)

		31/03/2013		31/03/2012		31/03/2011
Operating result (Total I-II)	GG	-107,734	-464.0%	29,598	156.4%	-52,492

2 - Financial result (V - VI)

		31/03/2013		31/03/2012		31/03/2011
Financial result (Total V-VI)	GV	-58,406	82.7%	-337,348	-6.6%	-316,396

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

		31/03/2013		31/03/2012		31/03/2011
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	-166,140	46.0%	-307,750	16.6%	-368,888

4 - Extraordinary result (VII-VIII)

		31/03/2013		31/03/2012		31/03/2011
Extraordinary result (Total VII-VIII)	HI	734,510	-38.4%	1,193,233	-1.9%	1,216,959

Profit or loss

		31/03/2013		31/03/2012		31/03/2011
Profit or loss	HN	528,526	-40.3%	885,483	4.4%	848,073

Total Income (I+III+V+VII)

		31/03/2013		31/03/2012		31/03/2011
Total Income (I+III+V+VII)	HL	86,234,363	-6.5%	92,224,344	9.1%	84,547,505

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

		31/03/2013		31/03/2012		31/03/2011
Total charges (Total II+IV+VI+VIII+IX+X)	HM	85,705,835	-6.2%	91,338,861	9.1%	83,699,433

Operating income (I)

		31/03/2013		31/03/2012		31/03/2011
Total operating income (Total I)	FR	84,050,513	-6.6%	89,954,850	8.9%	82,591,396

Operating income (details)

		31/03/2013		31/03/2012		31/03/2011
Sale of goods for resale	FC	0	0%	0	0%	0
France	FA	0	0%	0	0%	0
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	80,413,688	-7.8%	87,247,523	5.3%	82,829,815
France	FD	50,182,771	-1.3%	50,831,564	-4.2%	53,067,854
Export	FE	30,230,917	-17.0%	36,415,959	22.4%	29,761,961
Sale of services	FI	3,382,206	40.6%	2,406,394	42.7%	1,686,133
France	FG	0	0%	0	0%	0
Export	FH	3,382,206	40.6%	2,406,394	42.7%	1,686,133
Net turnover	FL	83,795,894	-6.5%	89,653,917	6.1%	84,515,948
France	FJ	50,182,771	-1.3%	50,831,564	-4.2%	53,067,854
Export	FK	33,613,123	-13.4%	38,822,353	23.4%	31,448,094
Stocked production	FM	180,847	-39.3%	297,740	115.5%	-1,925,185
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	0	0%	0	0%	0
Release of reserves and provisions	FP	74,504	2233.4%	3,193	404.4%	633
Other income	FQ	-732	0%	0	0%	0

Operating charges (II)

		31/03/2013		31/03/2012		31/03/2011
Total operating charges (Total II)	GF	84,158,247	-6.4%	89,925,252	8.8%	82,643,888

Exploitation charges

		31/03/2013		31/03/2012		31/03/2011
Purchase of goods for resale	FS	4,190,021	-48.9%	8,203,191	-32.2%	12,102,735
Change in stocks of goods for resale	FT	507,882	1956.9%	-27,351	-121.7%	126,200
Purchase of raw materials	FU	39,941,767	-9.9%	44,338,136	13.7%	39,003,426
Change in stocks of raw materials	FV	2,391,177	349.5%	-958,476	67.7%	-2,965,828
Other external purchases and charges	FW	21,572,603	-7.8%	23,392,855	16.7%	20,042,780
Tax, duty and similar payments	FX	1,236,502	6.8%	1,157,660	-15.7%	1,372,567
Payroll	FY	8,281,888	5.0%	7,884,946	5.2%	7,493,669
Social security costs	FZ	4,162,357	7.5%	3,872,799	5.0%	3,686,782

Depreciation

		31/03/2013		31/03/2012		31/03/2011
Depreciation of fixed assets	GA	1,738,922	1.1%	1,720,036	-3.5%	1,781,555
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	135,128	-60.4%	341,456	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/03/2013		31/03/2012		31/03/2011
Other charges	GE	0	0%	0	0%	0

Operating charges (III-IV)

		31/03/2013		31/03/2012		31/03/2011
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)

		31/03/2013		31/03/2012		31/03/2011
Total financial income (Total V)	GP	635,589	0.4%	633,356	6.9%	592,563
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	633,016	0.9%	627,657	11.5%	562,941
Released provisions and transferred charges	GM	0	0%	3,711	-87.5%	29,622
Exchange gains	GN	1,491	61.7%	922	0%	0
Net income from disposal of investment securities	GO	1,082	1.5%	1,066	0%	0

Financial Charge (VI)

		31/03/2013		31/03/2012		31/03/2011
Total financial charge (Total VI)	GU	693,995	-28.5%	970,704	6.8%	908,959
Financial reserves and provisions	GQ	0	0%	0	0%	3,711
Interest and similar charges	GR	668,755	-20.8%	844,204	28.3%	658,215
Exchange losses	GS	25,240	-80.0%	126,500	-48.8%	247,033
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/03/2013		31/03/2012		31/03/2011
Total extraordinary income (Total VII)	HD	1,548,261	-5.4%	1,636,138	20.0%	1,363,545
Extraordinary operating income	HA	24,564	-65.9%	71,969	-34.4%	109,691
Extraordinary income from capital transactions	HB	4,273	0%	0	0%	6,300
Released provisions and transferred charges	HC	1,519,424	-2.9%	1,564,169	25.4%	1,247,555

Extraordinary charges (VIII)

		31/03/2013		31/03/2012		31/03/2011
Total extraordinary charges (Total VIII)	HH	813,751	83.7%	442,905	202.1%	146,586
Extraordinary operating charges	HE	386,751	491.8%	65,347	-55.3%	146,204
Extraordinary charges from capital transactions	HF	0	0%	160,975	41930.0%	383
Extraordinary reserves and provisions	HG	427,000	97.2%	216,583	0%	0

Employee profit sharing (IX)

		31/03/2013		31/03/2012		31/03/2011
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/03/2013		31/03/2012		31/03/2011
Tax on profits (Total X)	HK	39,842	0%	0	0%	0

References

		31/03/2013		31/03/2012		31/03/2011
Of which equipment leases	HP	0	0%	333,816	5.0%	317,897
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	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	0	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)

		31/03/2013		31/03/2012		31/03/2011
Gross value at begin of period	OG	0	0%	0	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreasess by budget item transfer	OK1	0	0%	0	0%	0
Decreasess by transfers	OK2	0	0%	0	0%	1,702,154
Gross value at the end of period	OL	0	0%	0	0%	41,172,235

Research and development Charge (Total I)

		31/03/2013		31/03/2012		31/03/2011
Gross value at begin of period	CZ	0	0%	0	0%	3,303,434
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	285,217
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%	3,588,651

Other budget item from Intangible fixed assets (Total II)

		31/03/2013		31/03/2012		31/03/2011
Gross value at begin of period	KD	0	0%	0	0%	4,822,552
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	14,734
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	0	0%	221,642
Gross value at the end of period	LW	0	0%	0	0%	4,615,644

Tangible fixed assets (Total III)

		31/03/2013		31/03/2012		31/03/2011
Gross value at begin of period	LN	0	0%	0	0%	32,299,628
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	1,733,864
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	0	0%	0	0%	1,480,512
Gross value at the end of period	NH	0	0%	0	0%	32,552,980

Fiancial assets (Total IV)

		31/03/2013		31/03/2012		31/03/2011
Gross value at begin of period	LQ	0	0%	0	0%	414,960
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	0
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	0	0%	0	0%	0
Gross value at the end of period	NK	0	0%	0	0%	414,960

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

			31/03/2013		31/03/2012		31/03/2011
	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)

			31/03/2013		31/03/2012		31/03/2011
	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)

			31/03/2013		31/03/2012		31/03/2011
	Reserve for depreciation value at begin of period	PE	0	0%	0	0%	4,448,834
Increases		PF	0	0%	0	0%	58,968
Decreasess		PG	0	0%	0	0%	221,470
	Decreasess by budget item transfer	PH	0	0%	0	0%	4,286,332

Total fixed assets amotisation (Total III)

			31/03/2013		31/03/2012		31/03/2011
	Reserve for depreciation value at begin of period	QU	0	0%	0	0%	26,964,060
Increases		QV	0	0%	0	0%	1,477,951
Decreases		QW	0	0%	0	0%	1,027,112
	Decreasess by budget item transfer	QX	0	0%	0	0%	27,414,899

Movements during period affecting charge allocated over several period 

Charges à répartir ou frais d'émission d'emprunt

			31/03/2013		31/03/2012		31/03/2011
	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

			31/03/2013		31/03/2012		31/03/2011
	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%	3,588,651
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/03/2013		31/03/2012		31/03/2011
	Value at begining of period	7C	0	0%	0	0%	10,146,891
Increases		UB	0	0%	0	0%	3,711
Decreases		UC	0	0%	0	0%	1,277,810
	Value at the end of period	UD	0	0%	0	0%	8,872,792

Includes Total allocations

Operating	UE	0	0%	0	0%	0
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	0	0%	0	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			31/03/2013		31/03/2012		31/03/2011
	Value at begining of period	3Z	0	0%	0	0%	1,414,081
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	1,414,081

Total risk and charge provisions (Total II)

			31/03/2013		31/03/2012		31/03/2011
	Value at begining of period	5Z	0	0%	0	0%	1,851,323
Increases		TV	0	0%	0	0%	3,711
Decreases		TW	0	0%	0	0%	362,650
	Value at the end of period	TX	0	0%	0	0%	1,492,384

Total Provision for depreciation (Total III)

			31/03/2013		31/03/2012		31/03/2011
	Value at begining of period	7B	0	0%	0	0%	6,881,487
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	915,160
	Value at the end of period	UA	0	0%	0	0%	5,966,327

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

		31/03/2013		31/03/2012		31/03/2011
Gross value	VT	0	0%	0	0%	33,366,672
1 year at most	VU	0	0%	0	0%	32,956,591
More than one year	VV	0	0%	0	0%	410,081

State of loans

		31/03/2013		31/03/2012		31/03/2011
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	0	0%	410,081
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/03/2013		31/03/2012		31/03/2011
Customers doubtful or disputed	VA	0	0%	0	0%	436,197
Other claims customer	UX	0	0%	0	0%	22,172,012
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	0	0%	5,900
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	0	0%	231,775
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	10,000,000
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0	0%	26,275

Prepaid

		31/03/2013		31/03/2012		31/03/2011
Prepaid	VS	0	0%	0	0%	84,432

State Debt

			31/03/2013		31/03/2012		31/03/2011
	Total debt (gross)	VY	0	0%	0	0%	42,839,553
1 year at most		VZ2	0	0%	0	0%	42,839,553
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/03/2013		31/03/2012		31/03/2011
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	0	0%	0
1 year at most		VG2	0	0%	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	8,169,018
1 year at most		VH2	0	0%	0	0%	8,169,018
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	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	0	0%	0	0%	18,920,571
1 year at most		8B2	0	0%	0	0%	18,920,571
More than 1 year and 5 years at most		8B3	0	0%	0	0%	18,920,571
	Personnel and associated accounts (gross)	8C1	0	0%	0	0%	1,234,298
1 year at most		8C2	0	0%	0	0%	1,234,298
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	0	0%	1,045,210
1 year at most		8D2	0	0%	0	0%	1,045,210
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	0	0%	0
1 year at most		VW2	0	0%	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	0	0%	555,463
1 year at most		VQ2	0	0%	0	0%	555,463
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	0	0%	0	0%	10,354,278
1 year at most		VI2	0	0%	0	0%	10,354,278
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	0	0%	2,560,715
1 year at most		8K2	0	0%	0	0%	2,560,715
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

		31/03/2013		31/03/2012		31/03/2011
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information 
Dividends distributed

		31/03/2013		31/03/2012		31/03/2011
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/03/2013		31/03/2012		31/03/2011
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

		31/03/2013		31/03/2012		31/03/2011
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

		31/03/2013		31/03/2012		31/03/2011
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

		31/03/2013		31/03/2012		31/03/2011
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

		31/03/2013		31/03/2012		31/03/2011
Average number of employees	YP	0	0%	0	0%	166

Groups and Shareholders

		31/03/2013		31/03/2012		31/03/2011
Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

		31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Fixed Asset Financing		1.34	-26.8%	1.83	31.7%	1.39	1.68	-20.2%
Global Debt		160 days	-37.0%	254 days	39.6%	182 days	127 days	26.0%
Working Capital Fund overall net		65 days	-54.2%	142 days	108.8%	68 days	104.50 days	-37.8%
Financial independence		14888.39%	13794.9%	107.15%	-57.7%	253.33%	358.01%	4058.7%
Solvability		36.70%	46.1%	25.12%	-21.3%	31.93%	46.12%	-20.4%
Capacity debt futures		%	-	%	-	254.62%	551.36%	-
Coverage of current assets by net working capital overall		28.62%	-36.0%	44.74%	65.8%	26.98%	56.05%	-48.9%
General Liquidity			-		-	0.77	0.78	-
Restricted Liquidity			-		-	0.95	1.30	-

Management or rotation

		31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Need background in operating working capital		36 days	-39.0%	59 days	-14.5%	69 days	87 days	-58.6%
Treasury		28 days	-66.3%	83 days	8400%	-1 days	9.50 days	194.7%
Inventory turnover of goods		68 days	9.7%	62 days	47.6%	42 days	59.50 days	14.3%
Average length of credit granted to customers		100 days	5.3%	95 days	-1.0%	96 days	75 days	33.3%
Average length of credit obtained suppliers		97 days	-28.7%	136 days	36.0%	100 days	65 days	49.2%
Inventory turnover of raw materials in industrial enterprises		54 days	-20.6%	68 days	-20.9%	86 days	58 days	-6.9%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	260 days	295 days	-
Rotation tangible assets		%	-	%	-	259.63%	245.19%	-

Profitability of the business

		31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Margin trading		-5.61%	38.5%	-9.12%	37.0%	-14.47	2.58%	-317.4%
Profitability of the business		2.02	-13.3%	2.33	13.7%	2.05	7.43%	-72.8%
Net profit		0.63%	-36.4%	0.99%	-1.0%	1%	4.37%	-85.6%
Growth rate of turnover (excluding VAT)		-6.53%	-207.4%	6.08%	146.1%	-13.20%	1.49%	-538.3%
Rates integration		18.35%	9.7%	16.73%	-1.0%	16.90%	30.13%	-39.1%
Rate leasing furniture		0%	0%	0.37%	-2.6%	0.38%	0%	0%
Work Factor		80.95%	3.3%	78.37%	0.1%	78.29%	65.71%	23.2%
Weight interests		0.83	-23.1%	1.08%	0%	1.08%	0.50%	66.0%

Return on capital

		31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Cash flow from the overall profitability		3.21%	-3.6%	3.33%	7.1%	3.11%	6.65%	-51.7%
Rates of economic profitability		8%	60.0%	5%	-16.7%	6%	12%	-33.3%
Financial profitability		22213567%	2.4%	21685041%	4.3%	20799559%	707137%	3041.3%
Return on investment		5.47%	23.2%	4.44%	-26.9%	6.07%	8.05%	-32.0%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion 

	31/03/2013		31/03/2012		31/03/2011	Sector Median2013
Turnover	83,795,894	-6.5%	89,653,917	6.1%	84,515,948	1,720,555 €	4770.3%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	4,190,021	-48.9%	8,203,191	-32.2%	12,102,735
+/- Stock of goods variation	507,882	1956.9%	-27,351	-121.7%	126,200
Trading margin	-4,697,903 €	42.5%	-8,175,840 €	33.1%	-12,228,935 €	34,515 €	-13711.2%
	-5.61 % CA	38.5%	-9.12 % CA	37.0%	-14.47 % CA	3.33 % CA	-268.5%

Sale of goods produced	83,795,894	-6.5%	89,653,917	6.1%	84,515,948
+/- Stocked production	180,847	-39.3%	297,740	115.5%	-1,925,185
+ Self-constructed assets	0	0%	0	0%	0
Period production	83,976,741 €	-6.6%	89,951,657 €	8.9%	82,590,763 €	1,299,991 €	6359.8%
	100.22 % CA	-0.1%	100.33 % CA	2.7%	97.72 % CA	92 % CA	8.9%

Trading margin	-4,697,903	42.5%	-8,175,840	33.1%	-12,228,935	34,515	-13711.2%
+ Period Production	83,976,741	-6.6%	89,951,657	8.9%	82,590,763	1,299,991	6359.8%
- Purchase of raw materials	39,941,767	-9.9%	44,338,136	13.7%	39,003,426
+/- Change in stocks of raw materiels	2,391,177	349.5%	-958,476	67.7%	-2,965,828
- Other external purchases and charges	21,572,603	-7.8%	23,392,855	16.7%	20,042,780
Added value	15,373,291 €	2.5%	15,003,302 €	5.1%	14,281,450 €	833,612 €	1744.2%
	18.35 % CA	9.7%	16.73 % CA	-1.0%	16.90 % CA	30.13 % CA	-39.1%

Added value	15,373,291 €	2.5%	15,003,302 €	5.1%	14,281,450 €	833,612 €	1744.2%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	1,236,502	6.8%	1,157,660	-15.7%	1,372,567
- Personal charges	12,444,245	5.8%	11,757,745	5.2%	11,180,451
Gross operating surplus	1,692,544 €	-18.9%	2,087,897 €	20.8%	1,728,432 €	129,785 €	1204.1%
	2.02 % CA	-13.3%	2.33 % CA	13.7%	2.05 % CA	7.43 % CA	-72.8%

Gross operating surplus	1,692,544 €	-18.9%	2,087,897 €	20.8%	1,728,432 €	129,785 €	1204.1%
+ Release of reserves and provisions	74,504	2233.4%	3,193	404.4%	633
+ Other operating income	-732	0%	0	0%	0
- Depreciation/Amortisation	1,874,050	-9.1%	2,061,492	15.7%	1,781,555
- Other charges	0	0%	0	0%	0
Operating result	-107,734 €	-464.0%	29,598 €	156.4%	-52,490 €	89,718 €	-220.1%
	-0.13 % CA	-533.3%	0.03 % CA	150.0%	-0.06 % CA	4.01 % CA	-103.2%

Operating result	-107,734 €	-464.0%	29,598 €	156.4%	-52,490 €	89,718 €	-220.1%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	635,589	0.4%	633,356	6.9%	592,563
- Financial charges	693,995	-28.5%	970,704	6.8%	908,959
Pre-tax result	-166,140 €	46.0%	-307,750 €	16.6%	-368,886 €	57,417 €	-389.4%
	-0.20 % CA	41.2%	-0.34 % CA	22.7%	-0.44 % CA	4.12 % CA	-104.9%

Extraordinary income	1,548,261	-5.4%	1,636,138	20.0%	1,363,545	2,870	53846.4%
- Extraordinary charges	813,751	83.7%	442,905	202.1%	146,586
Extraordinary result	734,510 €	-38.4%	1,193,233 €	-1.9%	1,216,959 €	0 €	0%
	0.88 % CA	-33.8%	1.33 % CA	-7.6%	1 % CA	0 % CA	0%

Pre-tax result	-166,140 €	46.0%	-307,750 €	16.6%	-368,886 €	57,417 €	-389.4%
Extraordinary result	734,510 €	-38.4%	1,193,233 €	-1.9%	1,216,959 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	39,842	0%	0	0%	0
Net result	528,528 €	-40.3%	885,483 €	4.4%	848,073 €	101,896 €	418.7%
	0.63 % CA	-36.4%	0.99 % CA	-1.0%	1.00 % CA	4.37 % CA	-85.6%

judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Summary of preferential rights

Company monitored since	06/05/2009	Monitored stopped since	06/05/2013
Status of Monitoring	Collection of preferential rights for this company has been stopped by the Court

Group data

Ultimate parent company	UNITED PHOSPHORUS LIMITED
Direct parent	UNITED PHOSPHORUS LIMITED - 100 %
Group – Number of companies	3
Linkages – Number of companies	55
Number of countries	24

Group Structure

Company Name	SIREN	Parts	Last account published
UPL EUROPE LTD	02844616	-	31/03/2014
CEREXAGRI	569804982	100%	31/03/2013
UPL FRANCE	752099010	100%	-

Shareholders

Linkages

Ultimate parent company		UNITED PHOSPHORUS LIMITED
Direct parent		UNITED PHOSPHORUS LIMITED - 100 %
Group – Number of companies		3
Linkages – Number of companies		55
Number of countries		24
Company Name	SIREN		Last account	Turnover
UPL	1040421		31/03/2014	1 630 749 454 €
ADVANTA HOLDINGS B.V.	34237476		31/12/2012	-
UPL DEUTSCHLAND GMBH	HRB 68518		31/03/2013	33 778 657 €
ADVANTA INTERNATIONAL B.V.	22056889		31/12/2012	-
ADVANTA FINANCE B.V.	34211241		31/12/2012	-
AGVALUE, INC	US23603294		-	0 $
UNITED PHOSPHORUS, INC	US24570812		-	117 377 000 $
ADVANTA US, INC	US33362168		-	0 $
ADVANTA COMERCIO DE SEMENTES L	-		-	-
ADVANTA NETHERLANDS HOLDING BV	-		-	-
ADVANTA SEED INTERNATIONAL, MA	-		-	-
ADVANTA SEEDS LIMITED, INDIA.	-		-	-
ADVANTA SEMILAS SAIC, ARGENTIN	-		-	-
AGRI PACK ZAMBIA LIMITED	-		-	-
AGRODAN APS	-		-	-
AGVALUE ENTERPRISES, INC	-		-	-
ANNING DECCO FINE CHEMICAL CO.	-		-	-
BIO-WIN CORP	-		-	-
BIO-WIN CORPORATION	-		-	-
CEREXAGRI COSTA RICA, S.A.	-		-	-
CEREXAGRI ZIRAAT VE KIMYA SANA	-		-	-
CITRASHINE (PTY) LTD, SOUTH AF	-		-	-
CROPSERVE ZAMBIA LIMITED	-		-	-
EDDYVILLE CONSULTANTS GROUP, I	-		-	-
ENVIRO TECHNOLOGY	-		-	-
EVOFARMS COLOMBIA SA	-		-	-
EVOFARMS S.A. - COLOMBIA	-		-	-
FRIEDSHELF 1114(PTY) LTD	-		-	-
GLOBAL CHEM TRADE CORP., PANAM	-		-	-
ICONA S A - ARGENTINA	-		-	-
ICONASANLUIS S A - ARGENTINA	-		-	-
JIANGSU KAZNAM CHEMICAL GROUP.	-		-	-
JSC UNITED PHOSPHORUS	-		-	-
LONGREACH PLANT BREEDERS MANAG	-		-	-
PRIME AGRI CENTRE ZAMBIA LIMIT	-		-	-
PT CATUR AGRODAYA MANDIRI, IND	-		-	-
PT. LJNITED PHOSPHORUS INDONES	-		-	-
REPOSO S.A. I.C., ARGENTINA	-		-	-
SAMROD CHEMICALS (PTY) LTD	-		-	-
SEARCH CHEAM INDUSTRIES LTD	-		-	-
SHROFFS UNITED CHEMICALS LIMIT	-		-	-
SWAL CORPORATION LIMITED	-		-	-
UNITED PHOSPHORUS	-		-	-
UNITED PHOSPHORUS	-		-	-
UNITED PHOSPHORUS (SHANGHAI)	-		-	-
UNITED PHOSPHORUS (TAIWAN) LIM	-		-	-
UNITED PHOSPHORUS DE ARGENTINA	-		-	-
UNITED PHOSPHORUS DE MEXICO	-		-	-
UNITED PHOSPHORUS DO BRASIL LT	-		-	-
UNITED PHOSPHORUS GLOBAL LLP	-		-	-
UNITED PHOSPHORUS LIMITED	-		-	-
UNITED PHOSPHORUS LIMITED, COL	-		-	-
UNITED PHOSPHORUS LIMITED, NEW	-		-	-
UNITED PHOSPHORUS LIMITED, ZAM	-		-	-
UNITED PHOSPHORUS VIETNAM CO.,	-		-	-

event history

Status history

Date	Description
30/01/2013	Economically active

Recent publications in Gazettes

Publication date	Gazette Name	Description
20/03/2014	Bodacc A	Vente et cession : Acheteur
95 - VAL-D'OISE GREFFE DU TRIBUNAL DE COMMERCE DE PONTOISE 1018 - 569 804 982 RCS Pontoise. CEREXAGRI. Forme : Société par actions simplifiée à associé unique. Capital : 13241770.12 EUR. Adresse : Niveau 1 Parc Saint-Christophe 10 Avenue de l'Entreprise Pôle Galilee 3 95863 Cergy Pontoise 00000 . Date de commencement de l’activité : 01/01/0001. Oppositions : Les créanciers des sociétés scindées pourront former opposition à cette scission dans les conditions et délais prévus par l'article L. 236-21 du Code de Commerce. Descriptif : AVIS DE PROJET DE SCISSION ASPEN SAS Forme juridique Soci¿t¿ par actions simplifi¿e ¿ associ¿ unique Au capital de 1000 EUR Si¿ge social 38 R DE BERRI 75008 PARIS N¿ RCS 752099010 RCS PARIS, est soci¿t¿ b¿n¿ficiaire. CEREXAGRI Forme juridique Soci¿t¿ par actions simplifi¿e ¿ associ¿ unique Au capital de 13241770,12 EUR Si¿ge social 10 AVE DE L ENTREPRISE POLE GALILEE 3 Niveau 1 PARC ST CHRISTOPHE 95863 CERGY PONTOISE N¿ RCS 569804982 RCS PONTOISE, est soci¿t¿ apporteuse. Actif : 12659842 euros Passif : 9376631 euros Actif net apport¿ : 3507496 euros Rapport d'¿change des droits sociaux : En r¿mun¿ration de l'apport et sous r¿serve de la r¿alisation de la r¿duction de capital d'un montant de 990 euros par voie de r¿duction de la valeur nominale des 1 000 actions actuelles de 1 euro pour les ramener de 0,01 chacune, il sera attribu¿ ¿ la st¿ CEREXAGRI 3 507 496 actions nouvelles d'une valeur nominale de 0,01 euro chacune, enti¿rement lib¿r¿es ¿ cr¿er par la st¿ ASPEN SAS au titre d'une augmentation de son capital d'un montant de 35 074,96 euros. Montant pr¿vu de la prime d'apport : 3472421,04 euros. Date du projet : 07/03/2014 Date du d¿p¿t : 12/03/2014, lieu du d¿p¿t : PONTOISE et pour la st¿ b¿n¿ficiaire : Date du d¿p¿t le 12/03/2014 ¿ PARIS. Commentaires : Autre achat, apport, attribution.
20/12/2013	Bodacc C	Comptes annuels et rapports
95 - VAL-D'OISE GREFFE DU TRIBUNAL DE COMMERCE DE PONTOISE 12103 - 569804982 RCS. CEREXAGRI. Forme : Société par actions simplifiée. Adresse : Niveau 1 Parc Saint-Christophe 10 Avenue de l'Entreprise Pôle Galilee 3 95863 Cergy Pontoise. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2013.
08/02/2013	Bodacc B	Modification et mutation diverse
95 - VAL-D'OISE GREFFE DU TRIBUNAL DE COMMERCE DE PONTOISE 3032 - 569 804 982 RCS Pontoise. CEREXAGRI. Forme : Société par actions simplifiée. Activité : .  Adresse du siège social : Parc Saint-Christophe -, Pôle Galilée 3 - Niveau 1 10 Avenue de l''entreprise, 95863 Cergy Pontoise Cedex.  Commentaires : Modification de l'adresse du siège.
18/12/2012	Bodacc C	Comptes annuels et rapports
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 11746 - 569804982 RCS. CEREXAGRI. Forme : Société par actions simplifiée. Adresse : 1 rue des Frères Lumière 78370 Plaisir. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2012.
13/12/2012	JAL	Head Office Transfer
Echo régional (L') Date de décision : 28/09/2012 Transfert du siège social de la société 569804982 -  CEREXAGRI  Adresse du nouveau siège : 10 AVENUE DE L ENTREPRISE, 95863 CERGY PONTOISE CEDEX Ancienne localisation : 1 RUE DES FRERES LUMIERE, BP 9, 78370 PLAISIR Date d'effet : 10/09/2012
11/12/2012	JAL	Head Office Transfer
Semaine de l'Ile-de-France (La) Date de décision : 28/09/2012 Transfert du siège social de la société 569804982 -  CEREXAGRI  Adresse du nouveau siège : 10 AVENUE DE L ENTREPRISE, 95863 CERGY PONTOISE CEDEX Ancienne localisation : 1 RUE DES FRERES LUMIERE, BP 9, 78370 PLAISIR Date d'effet : 10/09/2012
30/12/2011	Bodacc C	Comptes annuels et rapports
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 11012 - 569804982 RCS. CEREXAGRI. Forme : Société par actions simplifiée. Adresse : 1 rue des Frères Lumière 78370 Plaisir. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2011.
18/01/2011	Bodacc C	Comptes annuels et rapports
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 9842 - 569804982 RCS. CEREXAGRI. Forme : Société par actions simplifiée. Adresse : 1 rue des Frères Lumière 78370 Plaisir. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2010.
22/01/2010	Bodacc C	Comptes annuels et rapports
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 8120 - 569804982 RCS. CEREXAGRI. Forme : Société par actions simplifiée. Adresse : 1 rue des Frères Lumière 78370 Plaisir. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2009.
21/06/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 599 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 31 janvier 2009. Numéro d’annonce : 1131. Cet avis est annulé et remplacé par le suivant.  . DECCO ITALIA. Forme : Société de droit étranger. Capital : 1051000 EUR. Adresse : Bivio Aspro Zona Industriale Piano Tavola Blepasso Catania (Italie) ITALIE.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : Homologations dossiers essais documentations clientèle brevets et marques en Italie et en Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Date de commencement de l’activité : 01/01/0001. Publication légale : Les petites affiches de Seine et Oise du 30/12/2008. Oppositions : Au fonds vendu 1, Rue Des Frères Lumière 78370 PLAISIR pour la validité et pour la correspondance Cbt. AUGUST ET DEBOUZY 6/8 Avenue DE MESSINE 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 30000 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
04/06/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 589 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 15 mai 2009. Numéro d’annonce : 1688. Cet avis est annulé et remplacé par le suivant.  . DECCO ITALIA. Forme : Société de droit étranger. Capital : 1051000 EUR. Adresse : Bivio Aspro Zona Industriale, 95040 Cergy Pontoise Cedex.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : Homologations dossiers essais documentations clientèle brevets et marques en Italie et en Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Date de commencement de l’activité : 01/01/0001. Publication légale : Les petites affiches de Seine et Oise du 30/12/2008. Oppositions : Au fonds vendu 1, Rue Des Frères Lumière 78370 PLAISIR pour la validité et pour la correspondance Cbt. AUGUST ET DEBOUZY 6/8 Avenue DE MESSINE 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 30 000 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
15/05/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1688 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 16 avril 2009. Numéro d’annonce : 1361. Cet avis est annulé et remplacé par le suivant.  . DECCO ITALIA. Forme : Société de droit étranger. Capital : 1051000 EUR. Adresse : Bivio Aspro Zona Industriale, 95040 Cergy Pontoise Cedex.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : Homologations dossiers essais documentations clientèle brevets et marques en Italie et en Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 30/12/2008. Oppositions : Au fonds vendu 1, Rue Des Frères Lumière 78370 PLAISIR pour la validité et pour la correspondance Cbt. AUGUST ET DEBOUZY 6/8 Avenue DE MESSINE 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 30 000 Euros.Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
16/04/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1361 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 22 février 2009. Numéro d’annonce : 891. Cet avis est annulé et remplacé par le suivant.  . DECO ITALIA. Forme : Société de droit étranger. Capital : 1051000 EUR. Adresse : Bivio Aspro Zona Industriale 95040 Piano Tavola Blepasso Catania ITALIE.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : Homologations dossiers essais documentations clientèle brevets et marques en Italie et en Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 05/12/2008. Oppositions : Au fonds vendu 1, Rue Des Frères Lumière 78370 PLAISIR pour la validité et pour la correspondance Cbt. AUGUST ET DEBOUZY 6/8 Avenue DE MESSINE 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 268340 Euros.Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
05/03/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1412 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 22 février 2009. Numéro d’annonce : 890. Cet avis est annulé et remplacé par le suivant.  . DECCO IBERICA POST COSECHA SAU. Forme : Société de droit étranger. Capital : 180300 EUR. Adresse : Villa de Madrid 54 Poligono Industrial Fuente Del Jarro 46998 Paterna Valence (Espagne) ESPAGNE.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : l'ensemble des Homologations dossiers essais clientèle documentations brevets et marques sauf en Italie et Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 30/12/2008. Oppositions : Au fonds vendu pour la validité et pour la correspondance cabinet august et debouzy 6-8 Avenue de messine 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 268.340 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
05/03/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1413 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 22 février 2009. Numéro d’annonce : 891. Cet avis est annulé et remplacé par le suivant.  . DECCO ITALIA. Forme : Société de droit étranger. Capital : 1051000 EUR. Adresse : Bivio Aspro Zona Industriale, 95040 Cergy Pontoise Cedex.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : Homologations dossiers essais documentations clientèle brevets et marques en Italie et en Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 30/12/2008. Oppositions : Au fonds vendu 1, Rue Des Frères Lumière 78370 PLAISIR pour la validité et pour la correspondance Cbt. AUGUST ET DEBOUZY 6/8 Avenue DE MESSINE 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 30000 Euros.Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
22/02/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 890 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 11 janvier 2009. Numéro d’annonce : 814. Cet avis est annulé et remplacé par le suivant.  . DECCO IBERICA POST COSECHA SAU. Forme : Société de droit étranger. Capital : 180300 EUR. Adresse : Villa de Madrid 54 Poligono Industrial Fuente Del Jarro 46998 Paterna Valence ESPAGNE.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : l'ensemble des Homologations dossiers essais clientèle documentations et marques sauf en Italie et Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 30/12/2008. Oppositions : Au fonds vendu pour la validité et pour la correspondance cabinet august et debouzy 6-8 Avenue de messine 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 368340 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
22/02/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 891 - Réctificatif.  Parution avis précédent : BODACC A. Numéro de parution : . Date de parution : 31 janvier 2009. Numéro d’annonce : 1131. Cet avis est annulé et remplacé par le suivant.  . DECO ITALIA. Forme : Société de droit étranger. Capital : 1051000 EUR. Adresse : Bivio Aspro Zona Industriale, 95040 Cergy Pontoise Cedex.  Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : Homologations dossiers essais documentations clientèle brevets et marques en Italie et en Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 05/12/2008. Oppositions : Au fonds vendu 1, Rue Des Frères Lumière 78370 PLAISIR pour la validité et pour la correspondance Cbt. AUGUST ET DEBOUZY 6/8 Avenue DE MESSINE 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 268340 Euros.Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
31/01/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 1131 - . DECO ITALIA. Forme : Société de droit étranger. Capital : 1051000 EUR. Adresse : 95040 Bivio Aspro Zona Industriale Piano Tavola Blepasso Catania 00000 Italie Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : Homologations dossiers essais documentations clientèle brevets et marques en Italie et en Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 05/12/2008. Oppositions : Au fonds vendu 1, Rue Des Frères Lumière 78370 PLAISIR pour la validité et pour la correspondance Cbt. AUGUST ET DEBOUZY 6/8 Avenue DE MESSINE 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 268340 Euros.Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
15/01/2009	Bodacc C	Comptes annuels et rapports
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 7966 - 569804982 RCS. CEREXAGRI. Forme : Société par actions simplifiée. Adresse : 1 rue des Frères Lumière 78370 Plaisir. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/03/2008.
11/01/2009	Bodacc A	Vente et cession : Vendeur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 814 - . DECCO IBERICA POST COSECHA SAU. Forme : Société de droit étranger. Capital : 180300 EUR. Adresse : Del Jarro Villa de Madrid 54 Poligono Industriel Fuente 00000 Paterna Valence Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissement principal. Activité : l'ensemble des Homologations dossiers essais clientèle documentations et marques sauf en Italie et Afrique du sud. Adresse : 1 rue des Frères Lumière, 78370 Plaisir.  Précédent propriétaire : CEREXAGRI. 569 804 982 RCS Versailles.  Publication légale : Les petites affiches de Seine et Oise du 30/12/2008. Oppositions : Au fonds vendu pour la validité et pour la correspondance cabinet august et debouzy 6-8 Avenue de messine 75008 PARIS. Descriptif : Fonds acquis par achat au prix stipulé de 368340 Euros. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
29/12/2007	Bodacc C	Avis de dépôt des comptes
5371 - 569 804 982. RCS Versailles CEREXAGRI. Forme: Société par actions simplifiée. Adresse du siège social: 1 rue des Frères Lumière 78370 Plaisir. Comptes annuels et rapports de l'exercice clos le: 31 mars 2007.
28/10/2007	Bodacc B	Modifications et mutations diverses
3061 - RCS Versailles B 569 804 982. RC 85-B 1052. CEREXAGRI. Forme : S.A.S. Commentaires : modification survenue sur la forme juridique et l'administration. Administration : fondé de pouvoir partant : GOIG (André). Modification du président : PAPE (Jean-Yves). Administrateurs partants : GIRIN (François) BROMLEY (Peter) ARDILE (Christiane) (Nom d'usage : CHAPUIS). Commissaire aux comptes titulaire partant : ERNST & YOUNG AUDIT. Commissaire aux comptes suppléant partant : AUDITEX. Nomination d'un commissaire aux comptes suppléant : ALLIOUX (Pierre). Nomination d'un commissaire aux comptes titulaire : PIERRE-HENRI SCACCHI ET ASSOCIES.
12/11/2006	Bodacc B	Modifications et mutations diverses
2122 - RCS Versailles B 569 804 982. RC 85-B 1052. CEREXAGRI. Forme : S.A. Capital : 13 241 770,12 euros. Commentaires : modification survenue sur le capital (augmentation) et l'administration. Administration : commissaire aux comptes suppléant partant : BOUCHET (Alain). Commissaire aux comptes titulaire partant : K.P.M.G. S.A. Nomination d'un commissaire aux comptes titulaire : ERNST & YOUNG AUDIT. Nomination d'un commissaire aux comptes suppléant : AUDITEX.
28/09/2006	Bodacc C	Avis de dépôt des comptes
2245 - RCS Versailles B 569 804 982. RC 85-B 1052. CEREXAGRI. Forme: S.A. Adresse du siège social: 1, rue des Frères Lumière,78370 Plaisir. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
13/04/2006	Bodacc B	Modifications et mutations diverses
2528 - RCS Versailles B 569 804 982. RC 85-B 1052. CEREXAGRI. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : HUGOT-DERVILLE (Yann). Nomination d'un administrateur : ARDILE (Christiane) (Nom d'usage : CHAPUIS).
16/02/2006	Bodacc C	Avis de dépôt des comptes
2129 - RCS Versailles B 569 804 982. RC 85-B 1052. CEREXAGRI. Forme: S.A. Adresse du siège social: 1, rue des Frères Lumière,78370 Plaisir. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
01/06/2005	Bodacc B	Modifications et mutations diverses
2271 - RCS Versailles B 569 804 982. RC 85-B 1052. CEREXAGRI. Forme : S.A. Capital : 33 412 339,79 euros. Commentaires : modification survenue sur le capital (augmentation).
18/01/2005	Bodacc C	Avis de dépôt des comptes
2944 - RCS Versailles B 569 804 982. RC 85-B 1052. CEREXAGRI. Forme: S.A. Adresse du siège social: 1, rue des Frères Lumière,78370 Plaisir. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.
18/08/2004	Bodacc B	Modifications et mutations diverses
RCS Versailles B 569804982 RC 85-B 1052 CEREXAGRI. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : administrateur partant : HUSSON ( Isabelle). Nomination d'un administrateur : HUGOT-DERVILLE (Yann).
11/12/2003	Bodacc B	Modifications et mutations diverses
RCS Marseille B 569804982 RC 88-B 00762 CEREXAGRI. Forme : S.A. à conseil d' administration. Activité : fabrication et vente de produits chimiques agricoles et plus particulièrement de souffre et de produits s'y rapportant tels que produits phytosanitaires. Adresse du siège social : 8 boulevard de la Louisiane, Le Canet, 13014 Marseille. Commentaires : modification survenue sur l'activité et l'adresse de l' établissement principal. Changement de numérotation de la voie effectué par la commune.
26/08/2003	Bodacc A	Vente et cession
RCS non encore inscrit. CEREXAGRI. Forme : S.A. Capital : 15 413 393 euros. Adresse du siège social : 1 rue des Frères-Lumière, 78370 Plaisir Etablissement principal: Activité : produits agrochimiques. Adresse : Z.A. de Toctoucau, 33610 Cestas Etablissement principal acquis par achat au prix stipulé de 282 000 euros. Date d'effet : 23 décembre 2002. Précédent propriétaire : ETABLISSEMENTS TOUZAN. RCS 321128068 Publication légale: Les Echos judiciaires girondins du 3 janvier 2003. Oppositions : au fonds, pour la validité et la correspondance.
03/01/2003	Bodacc B	Modifications et mutations diverses
RCS Versailles B 569804982 RC 85-B 1052 CEREXAGRI. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : modification du président du conseil d' administration et directeur général : PAPE (Jean-Yves). Commissaire aux comptes titulaire partant : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant partant : LEGER ( Michel). Nomination d'un commissaire aux comptes suppléant : BOUCHET (Alain). Nomination d'un commissaire aux comptes titulaire : K.P.M.G. S.A.
18/10/2001	Bodacc B	Modifications et mutations diverses
RCS Versailles B 569804982 RC 85-B 1052 CEREXAGRI. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : commissaire aux comptes titulaire partant : ERNST AND YOUNG AUDIT. Nomination du commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant partant : CARREGA (François). Nomination du commissaire aux comptes suppléant : LEGER (Michel).
04/02/2001	Bodacc B	Modifications et mutations diverses
RCS Versailles B 569804982 RC 85-B 1052 CEREXAGRI. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : P.-D.G. et administrateur partant : AZOULAY ( Bernard). Nomination du président du conseil d'administration et administrateur : PAPE (Jean-Yves).
04/02/2001	Bodacc B	Modifications et mutations diverses
RCS Versailles B 569804982 RC 85-B 1052 CEREXAGRI. Forme : S.A. Commentaires : modification survenue sur l' administration. Administration : administrateurs partants : PERRATZI ( Michel) LACROUX (Jean, Pierre) GIRAUD (Jean, Michel). Nomination d' administrateurs : GIRAUD (Jean-Michel) GIRIN (François) BROMLEY (Peter) HUSSON (Isabelle).
04/02/2001	Bodacc B	Modifications et mutations diverses
RCS Versailles B 569804982 RC 85-B 1052 CEREXAGRI. Forme : S.A. Commentaires : modification survenue sur la dénomination.
23/10/1998	Bodacc B	Modifications et mutations diverses
RCS *. RCS Versailles B 569 804 982 RC RC 85-B 1052 ELF ATOCHEM AGRI S.A. Forme : S.A. Administration : suppression : administrateur : MICHEL (Daniel). Nomination en qualité d'administrateur : GIRAUD (Jean-Michel). Commentaires : modification survenue sur l' administration.

Company events history

Date	Description
07/08/2014	Removed company
04/07/2014	New subsidiarie(s) detected
24/06/2014	Partial contribution
24/06/2014	Amendment
20/03/2014	Bodacc A : Sale and transfer
12/03/2014	Partial contribution
16/01/2014	Amendment
16/01/2014	New auditor
16/01/2014	Update of Company Legal Form
16/01/2014	Modification to Company Identifier
20/12/2013	Bodacc C : Deposit accounts notice
12/12/2013	Update Limit
12/12/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
01/11/2013	New ultimate parent
01/11/2013	New parent detected
19/10/2013	Update Rating
19/10/2013	Update Limit
07/06/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
06/05/2013	Collection of preferential rights for this company has been stopped by the Court
31/03/2013	New accounts available
08/02/2013	Bodacc B: Various editing or changing
30/01/2013	Registered office transferred inside jurisdiction of the Commercial Court
30/01/2013	Amendment
30/01/2013	Updated articles of association
30/01/2013	Update of Company Head Office Identifier
30/01/2013	Transfer of Establishment
18/12/2012	Bodacc C : Deposit accounts notice
13/12/2012	Legal Gazette: Head Office Transfer
11/12/2012	Legal Gazette: Head Office Transfer
31/03/2012	New accounts available
14/01/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
30/12/2011	Bodacc C : Deposit accounts notice
31/03/2011	New accounts available
18/01/2011	Bodacc C : Deposit accounts notice
31/03/2010	New accounts available
22/01/2010	Bodacc C : Deposit accounts notice
21/06/2009	Bodacc A : Sale and transfer
04/06/2009	Bodacc A : Sale and transfer
15/05/2009	Bodacc A : Sale and transfer
06/05/2009	Collection of preferential rights activated for this company
16/04/2009	Bodacc A : Sale and transfer
31/03/2009	New accounts available
05/03/2009	Bodacc A : Sale and transfer
05/03/2009	New Bodacc A ads detected
22/02/2009	Bodacc A : Sale and transfer
22/02/2009	New Bodacc A ads detected
31/01/2009	New Bodacc A ads detected
15/01/2009	Bodacc C : Deposit accounts notice
11/01/2009	New Bodacc A ads detected
11/01/2009	Bodacc A : Sale and transfer
05/05/2008	Payment incident closed
31/03/2008	New accounts available
19/02/2008	Payment incident detected
11/10/2007	Acte modificatif
11/10/2007	New auditor
11/10/2007	Changement de Commissaire aux Comptes
11/10/2007	Updated articles of association
11/10/2007	Appointment/resignation of company officers
11/10/2007	Minutes of general meeting of shareholders
11/10/2007	Statuts mis à jour
11/10/2007	Changement de Forme Juridique avec changement de catégorie
11/10/2007	New legal form – no new category
11/10/2007	Changement de date de clôture
11/10/2007	New closing date
11/10/2007	Private document
31/03/2007	New accounts available
27/10/2006	PV d'Assemblée
27/10/2006	Minutes of general meeting of shareholders
27/10/2006	Statuts mis à jour
27/10/2006	Updated articles of association
27/10/2006	Changement de Commissaire aux Comptes
27/10/2006	New auditor
27/10/2006	Augmentation de Capital
27/10/2006	Capital increase
27/10/2006	Réduction de Capital
27/10/2006	Capital reduction
27/10/2006	Reconstitution de l'Actif Net
27/10/2006	Reconstitution of net assets
27/10/2006	Private document
27/10/2006	Fund deposit certificate
27/10/2006	Appointment/resignation of company officers
16/03/2006	Changes to the Board of Directors
16/03/2006	Modification du Conseil d'Administration
16/03/2006	Acte sous seing privé
16/03/2006	PV d'Assemblée
16/03/2006	Appointment/resignation of company officers
16/03/2006	Nomination/démission des organes de gestion
16/03/2006	Minutes of general meeting of shareholders
16/03/2006	Private document
31/12/2005	New accounts available
12/05/2005	Updated articles of association
12/05/2005	Augmentation de Capital
12/05/2005	Capital increase
12/05/2005	PV d'Assemblée
12/05/2005	Private document
12/05/2005	Certificat de dépôt des fonds
12/05/2005	Fund deposit certificate
12/05/2005	Minutes of general meeting of shareholders
12/05/2005	Statuts mis à jour
12/05/2005	Acte sous seing privé
31/12/2004	Acte modificatif
31/12/2004	PV d'Assemblée
31/12/2004	New accounts available
31/12/2004	Minutes of general meeting of shareholders
31/12/2004	Private document
31/12/2004	Acte sous seing privé
31/12/2004	Continuation of business despite loss of equity
31/12/2004	Continuation malgré perte supérieure à la moitié du capital
02/08/2004	Minutes of general meeting of shareholders
02/08/2004	PV d'Assemblée
02/08/2004	Private document
02/08/2004	Acte sous seing privé
02/08/2004	Nomination/démission des organes de gestion
02/08/2004	Appointment/resignation of company officers
02/08/2004	Modification du Conseil d'Administration
02/08/2004	Changes to the Board of Directors
31/12/2003	New accounts available
19/12/2002	PV du Conseil d'Administration
19/12/2002	Statuts mis à jour
19/12/2002	Acte modificatif
19/12/2002	Nomination/démission des organes de gestion
19/12/2002	Acte sous seing privé
19/12/2002	PV d'Assemblée
19/12/2002	Changement de Commissaire aux Comptes
18/10/2002	Acte sous seing privé
18/10/2002	Nomination/démission des organes de gestion
18/10/2002	Acte modificatif
18/10/2002	PV d'Assemblée
18/10/2002	Changement de Commissaire aux Comptes
05/10/2001	Nomination/démission des organes de gestion
05/10/2001	Changement de Commissaire aux Comptes
05/10/2001	Acte sous seing privé
05/10/2001	PV d'Assemblée
22/01/2001	PV d'Assemblée
22/01/2001	Modification du Conseil d'Administration
22/01/2001	Nomination/démission des organes de gestion
22/01/2001	Acte sous seing privé
19/01/2001	PV d'Assemblée
19/01/2001	Nomination/démission des organes de gestion
19/01/2001	Acte sous seing privé
19/01/2001	Modification du Conseil d'Administration
19/01/2001	Changement de Président (PDG, PCA)
19/01/2001	Changement de dénomination sociale
19/01/2001	Acte modificatif
19/01/2001	PV du Conseil d'Administration
19/01/2001	Statuts mis à jour
08/10/1999	Nomination/démission des organes de gestion
08/10/1999	PV du Conseil d'Administration
08/10/1999	Acte modificatif
08/10/1999	Acte sous seing privé
17/09/1999	Acte sous seing privé
17/09/1999	PV d'Assemblée
17/09/1999	Statuts mis à jour
24/08/1999	Acte modificatif
24/08/1999	Nomination/démission des organes de gestion
24/08/1999	Acte sous seing privé
24/08/1999	PV d'Assemblée
02/10/1998	Modification du Conseil d'Administration
02/10/1998	PV du Conseil d'Administration
02/10/1998	Nomination/démission des organes de gestion
02/10/1998	Acte sous seing privé
02/10/1998	Acte modificatif
18/12/1996	Acte modificatif
18/12/1996	Nomination/démission des organes de gestion
18/12/1996	Acte sous seing privé
18/12/1996	Changement de Commissaire aux Comptes
18/12/1996	PV d'Assemblée
17/08/1994	Modification du Conseil d'Administration
17/08/1994	Acte modificatif
17/08/1994	PV du Conseil d'Administration
11/08/1993	Modification du Conseil d'Administration
11/08/1993	PV du Conseil d'Administration
11/08/1993	Acte modificatif
11/08/1993	Nomination/démission des organes de gestion
01/08/1993	PV du Conseil d'Administration
01/08/1993	PV d'Assemblée
01/08/1993	Nomination/démission des organes de gestion
01/08/1993	Modification du Conseil d'Administration
01/08/1993	Changement de Président (PDG, PCA)
19/02/1992	Statuts mis à jour
19/02/1992	PV d'Assemblée
19/02/1992	Déclaration de conformité
19/02/1992	Changement de dénomination sociale
19/02/1992	Acte modificatif

directors

Name	M. PAPE JEAN-YVES
Manager position	President	Date of birth	24/04/1953
Place of birth	ORAN(ALGERIE)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Chairman of the Board	M JEAN-YVES PAPE	4/24/1953 - ORAN ALGERIE
Managing director	M JEAN-YVES PAPE	4/24/1953 - ORAN ALGERIE
Administrator	M PETER BROMLEY	10/6/1949 - NEW YORK ETATS UNIS
Administrator	MME CHRISTIANE CHAPUIS	8/6/1955 - ORAN ALGERIE
Administrator	M FRANCOIS GIRIN	8/13/1959 - LA TRONCHE
President	M JEAN-YVES PAPE	4/24/1953 - ORAN(ALGERIE)

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.85
UK Pound	1	Rs.96.73
Euro	1	Rs.76.53

INFORMATION DETAILS

Analysis Done by :	RAS
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%)

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