MIRA INFORM REPORT

 

 

Report Date :

13.12.2014

 

IDENTIFICATION DETAILS

 

Name :

RPW INVESTMENTS SGPS SA

 

 

Registered Office :

Rua Santa Marta, 43- E/F-5ºC, 1150-293-Lisboa Lisboa,

 

 

Country :

Portugal

 

 

Financials (as on) :

2013

 

 

Date of Incorporation :

28.12.2006

 

 

Com. Reg. No.:

507895452

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Management of investments in other companies as an indirect form of performing economic activities.

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

 

Status :

Moderate

 

 

Payment Behaviour :

Slow 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)

Portugal

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

PORTUGAL - ECONOMIC OVERVIEW

 

Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Austerity measures also have contributed to record unemployment and a wave of emigration not seen since the 1960s. Booming exports will contribute to growth and employment in 2014, but the need to continue to reduce private- and public-sector debt could weigh on consumption and investment. The government of Pedro PASSOS COELHO has stated its intention to reduce labor market rigidity, and, this, along with steps to trim the budget deficit, could make Portugal more attractive to foreign investors. The government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in 2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts, public debt has continued to grow and, in 2013, stands among the highest in the EU. As a result, the government may have difficulty regaining full bond market financing when the EU-IMF financing program expires in May 2014.

 

Source : CIA

Identification

 

 

Name

RPW INVESTMENTS SGPS SA

V.A.T. Number / NIF

507895452

Address

Rua Santa Marta, 43 - E/F - 5ºC

Locality

Lisboa

Postal Code

1150-293-LISBOA

Municipality

LISBOA

District

LISBOA

Telephone

232767702

Fax

232767750

 

 

C.A.E.(Rev 3)

64202- Activities of a holding company non-financial

 

 

Financial Highlights

 

 

 

2011

 

2012

 

2013

Net Sales

 

 

 

 

 

Net Income For the Year

10.344.671,38

 

12.005.249,06

 

1.753.767,43

Shareholders Funds

90.429.459,58

 

103.061.950,64

 

105.563.822,07

Stocks

 

 

 

 

 

LIABILITY

1.266.110,77

 

1.293.094,00

 

1.334.361,30

ASSETS

91.695.570,35

 

104.355.044,64

 

106.898.183,37

 

 

Business Concept

 

 

Consulted sources say that the subject is not known as a credit solicitor and advise the use of caution in credit connections.

 

 

Summary

 

 

 

Legal Form

Joint Stock Company

Constitution

28-12-2006

V.A.T. Number / NIF

507895452

Employees

0

Capital

377.000,00

Shareholders Funds in: 31-12-2013

105.563.822,07

Governing Bodies

 

 

 

 

Board of Director's

DUNCAN BRACKETT KOERBEL

Board of Director's President

FRANS HILBERT JAN VISSCHER

Administrator

KIRTIKAN VAGADIA

Administrator

 

Fiscal Board

ERNST & YOUNG AUDIT & ASSOCIADOS SROC

Unique Fiscal

RUI ABEL SERRA MARTINS

Fiscal Board Substitute

 

 

Legal Structure

 

 

Registed on the Register Record Office of Lisboa with the Register Number 507895452 in 28-12-2006

Constitution celebrated in 28-12-2006 published on Portal MJ of 10-01-2007

To oblige the company it is necessary 2 signature

 

 

Changes to Society

 

 

In 28-04-2014 on Portal MJ of 12-11-2014 appointment of board of directors Clique para ver detalhes

e alteração co contrato da sociedade.

In 02-12-2013 on Portal MJ of 02-12-2013 update of the Head Office Village

In 01-04-2012 on Portal MJ of 30-05-2012 board of director's change

In 15-08-2011 on Portal MJ of 09-09-2011 board of director's change

In 30-03-2011 on Portal MJ of 04-04-2011 head office change

 

 

Capital

 

 

 

The Capital is 377.000,00 , divided in 377000 shares , with a nominal value of 1,00

 

 

 

Activities

 

 

 

Line of Business

Percentage

Management of investments in other companies as an indirect form of performing economic activities

100%

 

Type of Clients

Group Companies

 

 

Sales Conditions

Special

 

 

 

 

 

 

Geographic Distribution of Purchases

 

 

Internal Market

 

International Market

 

 

Year

 

EU

Extra-EU

Total

 

 

2013

-

-

-

-

-

-

0,00

 

2012

-

-

-

-

-

-

0,00

 

2012

-

-

-

-

-

-

0,00

 

2011

-

-

-

-

-

-

0,00

 

2010

-

-

-

-

-

-

0,00

 

 

 

Banks and Financial Institutions

 

 

 

BANCO BPI, SA

Porto - Infante

 

 

Incidents

 

 

 

There are no of incidents on our database

 

 

 

Employees

 

Year

Total

Men

Women

 

 

2013

0

0

0%

0

0%

 

2011

0

0

0%

0

0%

 

2010

0

0

0%

0

0%

 

 

 

Head Office and Installations

 

 

Had head office Centro Empresarial de Vilar do Pinheiro - Via José Régio, 281, Vilar Do Pinheiro, 4485-860, VILAR DE PINHEIRO

Head office Rua Santa Marta, 43 - E/F - 5ºC , Lisboa, 1150-293, LISBOA, Tel:232767700, Fax:232767750

Had head office Zona Industrial de Oliveira de Frades, Apartado 17, Oliveira De Frades, 3684-909, OLIVEIRA DE FRADES

 

 

Special Information

 

 

 

Event

General Description

Scission

A titular resultou de uma cisão simples da sociedade Martifer-Construções Metalomecânicas SA.

 

 

Financial Demonstration SNC

 

 

Balance Sheet SNC

CoinEUROS

 

Year:2013

 

 

 

2013

2012

2011

% Var.2013/12

 

ASSET

 

 

 

 

 

 

 

 

Non-current assets

 

 

 

 

 

 

 

 

Tangible fixed assets

-

-

-

-

 

 

Investment properties

-

-

-

-

 

 

Goodwill

-

-

-

-

 

 

Intangible assets

-

-

-

-

 

 

Biological assets

-

-

-

-

 

 

Financial participations - patrimonial equity method

101.400.697,55

98.988.854,55

86.480.830,55

2,44%

 

 

Financial participations - other methods

-

-

-

-

 

 

Shareholders/partners

-

-

-

-

 

 

Other financial assets

-

-

-

-

 

 

Deferred tax assets

-

-

-

-

 

 

Financial investments(exclusive use by small entities and micro entities)

-

-

-

-

 

 

Total

101.400.697,55

98.988.854,55

86.480.830,55

2,44%

 

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

 

Inventories

-

-

-

-

 

 

Biological assets

-

-

-

-

 

 

Costumers

-

-

-

-

 

 

Advances to suppliers

-

-

-

-

 

 

State and other public entities

-

2.750,00

2.250,00

-

 

 

Shareholders/partners

4.454.972,19

4.454.972,19

3.801.972,19

-

 

 

Other accounts receivable

1.041.301,80

886.773,80

1.353.208,50

17,43%

 

 

Deferrals

-

14.087,27

22.137,13

-

 

 

Financial assets held for trading

-

-

-

-

 

 

Other financial assets

-

-

-

-

 

 

Non-current assets held for sale

-

-

-

-

 

 

Other current assets

-

-

-

-

 

 

Cashier and bank deposits

1.211,83

7.606,83

35.171,98

(84,07)%

 

 

Total

5.497.485,82

5.366.190,09

5.214.739,80

2,45%

 

 

 

 

 

 

 

 

 

TOTAL ASSET

106.898.183,37

104.355.044,64

91.695.570,35

2,44%

 

 

 

 

 

 

 

 

 

SHAREHOLDERS FUNDS AND LIABILITIES

 

 

 

 

 

 

 

 

SHAREHOLDERS FUNDS

 

 

 

 

 

 

 

 

Capital

377.000,00

377.000,00

377.000,00

-

 

 

Own shares

-

-

-

-

 

 

Other shareholders funds instruments

20.777.705,00

20.777.705,00

20.777.705,00

-

 

 

Emission premiuns

-

-

-

-

 

 

Legal reserves

75.400,00

75.400,00

75.400,00

-

 

 

Other reserves

3.842.581,89

3.842.581,89

3.842.581,89

-

 

 

Net retained

55.804.370,08

43.799.121,02

33.454.449,64

27,41%

 

 

Adjustments on financial assets

22.932.997,67

22.184.893,67

21.557.651,67

3,37%

 

 

Revaluation surplus

-

-

-

-

 

 

Other shareholders funds changes

-

-

-

-

 

 

Total

103.810.054,64

91.056.701,58

80.084.788,20

14,01%

 

 

 

 

 

 

 

 

 

Net income for the period

1.753.767,43

12.005.249,06

10.344.671,38

(85,39)%

 

 

Antecipated dividends

-

-

-

-

 

 

TOTAL OF SHAREHOLDERS FUNDS

105.563.822,07

103.061.950,64

90.429.459,58

2,43%

 

 

 

 

 

 

 

 

 

LIABILITY

 

 

 

 

 

 

 

 

Non-current liiabilities

 

 

 

 

 

 

 

 

Provisions

-

-

-

-

 

 

Financing obtained

-

618.636,00

741.405,00

-

 

 

Responsability for post-employment beneficts

-

-

-

-

 

 

Diferred taxes liabilities

-

-

-

-

 

 

Other payable accounts

-

-

-

-

 

 

Total

 

618.636,00

741.405,00

 

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

Suppliers

24.493,47

16.581,75

5.511,75

47,71%

 

 

Advances from costumers

-

-

-

-

 

 

State and other public entities

13.201,42

10.477,84

600,00

25,99%

 

 

Shareholders/partners

503.043,26

489.072,26

51.017,33

2,86%

 

 

Financing obtained

-

62.254,00

15.579,20

-

 

 

Other payable accounts

793.623,15

96.072,15

451.997,49

726,07%

 

 

Deferrals

-

-

-

-

 

 

Financial liabilities held for trading

-

-

-

-

 

 

Other financial liabilities

-

-

-

-

 

 

Non-current liabilities held for sale

-

-

-

-

 

 

Other current liabilities

-

-

-

-

 

 

Total

1.334.361,30

674.458,00

524.705,77

97,84%

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES

1.334.361,30

1.293.094,00

1.266.110,77

3,19%

 

 

 

 

 

 

 

 

 

TOTAL SHAREHOLDERS FUNDS AND LIABILITIES

106.898.183,37

104.355.044,64

91.695.570,35

2,44%

 

 

 

 

 

 

 

 

 

INCOME STATEMENT

 

 

 

 

 

 

 

 

INCOME AND EXPENSES

 

 

 

 

 

 

 

 

Sales and services

-

-

-

-

 

 

Operating government grants

-

-

-

-

 

 

Gains/losses allocated subsidiaries, associates and joint ventures

1.663.739,00

11.880.782,00

10.391.118,00

(86,00)%

 

 

Variation in production inventories

-

-

-

-

 

 

Work for the entity itself

-

-

-

-

 

 

Cost of goods sold and materials consumed

-

-

-

-

 

 

Suppliers and external services

29.231,13

35.064,94

(38.827,21)

(16,64)%

 

 

Personnel costs

-

-

-

-

 

 

Impairment of inventories (losses/revearsals)

-

-

-

-

 

 

Impairment of receivables (losses/revearsals)

-

-

-

-

 

 

Provisions (increases/reductions)

-

-

-

-

 

 

Impairment of investments not depreciable/amortizable (losses/reversals)

-

-

-

-

 

 

Other impairments (losses/reversals)/impairments (losses/reversals) (exclusive use by small entities and microentities)

-

-

-

-

 

 

Increases/decreases in fair value

-

-

-

-

 

 

Other income and gains

424,71

61.225,91

-

(99,31)%

 

 

Other expenses and losses

25.367,57

43.787,18

(81.681,90)

(42,07)%

 

 

Result before depreciation, financing costs and taxes

1.609.565,01

11.863.155,79

10.270.608,89

(86,43)%

 

 

 

 

 

 

 

 

 

Expenses/reversals of depreciation and amortization

-

-

-

-

 

 

Impairment of investments depreciable/amortizable (losses/reversals)

-

-

-

-

 

 

Operating result (before financing costs and taxes)

1.609.565,01

11.863.155,79

10.270.608,89

(86,43)%

 

 

 

 

 

 

 

 

 

Interest and similar income obtained

154.528,00

171.723,00

97.994,00

(10,01)%

 

 

interest and similar expenses incurred

4.352,00

19.151,89

(23.931,51)

(77,28)%

 

 

Net before taxes

1.759.741,01

12.015.726,90

10.344.671,38

(85,35)%

 

 

 

 

 

 

 

 

 

Income tax of the period

5.973,58

10.477,84

-

(42,99)%

 

 

Net profit for the period

1.753.767,43

12.005.249,06

10.344.671,38

(85,39)%

 

 

 

 

 

 

 

 

 

Results of discontinued operations (net of taxes) included in the net icome of the period

-

-

-

-

 

 

 

RATIOS SNC

 

 

Closing Date

2013

2012

2011

 

 

 

 

TURNOVER RATIOS

 

Shareholder's Funds Profitability

0,017

0,116

0,114

 

 

 

Assets Profitability

0,015

0,114

0,112

 

 

 

Sales Net Profitability

0,015

0,114

0,112

 

 

 

 

 

EFFICIENCY RATIOS

 

Medium Term Receivable

0,015

0,114

0,112

 

 

 

 

 

SHORT TERM RATIOS

 

General Liquidity

4,12

7,956

9,938

 

 

 

Reduced Liquidity

4,12

7,956

9,938

 

 

 

Immediate Liquidity

0,001

0,011

0,067

 

 

 

 

 

MEDIUM LONG TERM RATIOS

 

Financial Autonomy

0,988

0,988

0,986

 

 

 

Solvability

79,112

79,702

71,423

 

 

 

Borrowed Capital Structure

1

0,522

0,414

 

 

 

General Debt

 

0,007

0,008

 

 

 

Medium Long Term Debt

 

0,006

0,008

 

 

 

Debt Structure

1

0,522

0,414

 

 

 

Capital Structure

 

166,595

121,97

 

 

 

 

 

Operational and Financial Risk

 

Financial Leverage Level

0,915

0,987

0,993

 

 

 

 

 

CASH FLOW STATEMENT

 

Rubrics

2013

2012

PERIODS

 

CASH FLOWS FROM OPERATIONAL ACTIVITIES

 

 

 

Customers receipts

-

-

-

Payments to suppliers

7.351,00

7.649,30

(3,90)%

Payments to employees

-

-

-

Cash at bank generated from operations

(7.351,00)

(7.649,30)

3,90%

Payment/receipt of income tax

-

-

-

Other receipts/payments

186,00

634.414,35

(99,97)%

Cash Flows from Operational Activities (A)

(7.165,00)

626.765,05

(101,14)%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Payments regarding:

 

 

 

Fixed tangible assets

-

-

-

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

-

-

-

Receipts from:

 

 

 

Fixed tangible assets

-

-

-

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

-

-

-

Investment subsidies

-

-

-

Interest and similar income

-

-

-

Dividends

-

-

-

Cash Flows' Investments Activities (B)

0,00

0,00

-

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Receipts from:

 

 

 

Obtained financing

770,00

-

-

Paying-up of capital and other equity instruments

-

-

-

Coverage of losses

-

-

-

Donations

-

-

-

Other financing operations

-

-

-

Payments regarding:

 

 

 

Obtained financing

-

-

-

Interests and similar expenses

-

-

-

Dividends

-

-

-

Capital's redution and other equity instruments

-

-

-

Other financing operations

-

654.298,00

-

Cash Flows' Financing Activities ©

770,00

(654.298,00)

100,12%

Variation in cash at bank and its equivalents (A+B+C)

(6.395,00)

(27.532,95)

76,77%

Effect of exchange differences

-

-

-

Cash at bank and its equivalents at the start of period

7.606,83

35.139,78

(78,35)%

Cash at bank and its equivalents at the end of period

1.211,83

7.606,83

(84,07)%

 

CASH FLOWS

 

 

Movimentos do Periodo de 2013

Rubrics

Initial balance

Debits

Credits

Final balance

 

PERIOD'S CARRYING AMOUNT AND MOVEMENTS

 

Cash in hand

-

-

-

0,00

Order deposits

7.606,83

1.194,71

7.589,71

1.211,83

Other bank deposits

-

-

-

0,00

Total cash at bank and bank deposits

7.606,83

1.194,71

7.589,71

1.211,83

Of which: Bank deposits abroad

-

-

-

0,00

 

Rubrics

Value

 

OTHER INFORMATION

 

Receipts from:

 

Non-life insurance claims

-

Operating subsidies

-

Cash at bank and its equivalents not available for use

-

 

ASSETS IMPAIRMENT

 

 

Movimentos do Periodo de 2013

 

Impairment losses

Impairment losses reversals

Rubrics

Recognized in profit and loss

Recognized in Equity

Total

Recognized in profit and loss

On revalued assets recognized in equity

Total

 

Individual assets

 

Fixed tangible assets

0,00

-

-

0,00

-

-

Goodwill

0,00

0,00

-

-

0,00

0,00

Intangible assets

0,00

-

-

0,00

-

-

Investment properties (cost model)

0,00

0,00

-

0,00

0,00

-

Investments in progress

0,00

0,00

-

0,00

0,00

-

Financial investments

0,00

0,00

-

0,00

0,00

-

TOTAL

 

 

 

 

 

 

of which: cash-generating units

0,00

0,00

-

0,00

0,00

-

 

GOVERNMENT GRANTS AND GOVERNMENT ASSISTANCE

 

 

Grants from State and other public bodies

Grants from other entities

Rubrics

Value assigned in the period or in previous periods

Value attributed to the period

Value assigned in the period or in previous periods

Value attributed to the period

 

Grants related to assets/investment:

0,00

0,00

0,00

0,00

Fixed tangible assets

0,00

0,00

0,00

0,00

Land and Natural Resources

-

-

-

-

Buildings and other structures

-

-

-

-

Basic equipment

-

-

-

-

Transport equipment

-

-

-

-

Office equipment

-

-

-

-

Biological equipment

-

-

-

-

Others

-

-

-

-

Intangible assets

0,00

0,00

0,00

0,00

Development projects

-

-

-

-

Computer programmes

-

-

-

-

Industrial property

-

-

-

-

Others

-

-

-

-

Other assets

-

-

-

-

Grants related to income / operating

-

-

-

-

Value of repayments in the period:

0,00

0,00

0,00

0,00

Grants related to assets/investment

-

-

-

-

Grants related to income / operating

-

-

-

-

TOTAL

0,00

0,00

0,00

0,00

 

IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST

 

 

Movimentos do Periodo de 2013

Rubrics

Impairment losses

Impairment losses reversals

Total

 

Receivable debts from customers

-

-

0,00

Other receivables

-

-

0,00

Equity instruments and other securities

-

-

0,00

Others

-

-

0,00

TOTAL

0,00

0,00

0,00

 

DEBTS REGISTERED AS DOUBTFUL

 

Rubrics

Value

 

Regarding insolvency and company recovery procedures or enforcement procedures

-

Claimed in court

-

In arrears:

0,00

Over six months and up to twelve months

-

Over twelve months and up to eighteen months

-

Over eighteen months and up to twenty four months

-

Over twenty four months

-

TOTAL

0,00

 

EMPLOYEE BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS

 

 

Rubrics

Average number of employees

Average number of hours worked

 

Company employees, paid and unpaid

0

0

Paid company employees

0

-

Company UNPAID employees

0

-

Company employees, by type of working hours

 

 

Full time company employees

-

-

Of which: Full time company employees

-

-

Part time company employees

-

-

Of which: Part time company employees

-

-

Company employees, by gender:

 

 

Men

-

-

Women

-

-

Company employees, of which:

 

 

Company employees assigned to Research and Development

-

-

Service providers

-

-

People placed through temporary employment agencies

-

-

 

STAFF COSTS

 

 

Rubrics

Value

 

Staff costs

0,00

Governance Bodies Remuneration

-

Of which: Profit-sharing

-

Employees remuneration

-

Of which: Profit-sharing

-

Post-employment benefits

0,00

Pension premiums

-

Other benefits

-

Of which:

 

For defined contribution plans - corporate bodies

-

For defined contribution plans - others

-

Compensations

-

Charges on remunerations

-

Insurance for accidents at work and professional diseases

-

Social security expenses

-

Other staff costs

-

Of which:

 

Expenditure on education

-

Expenditure on uniforms

-

 

INFORMATION BY GEOGRAPHIC MARKETS

 

 

Geographic markets

Rubrics

Internal

EU

Extra-EU

Total

 

Sales

-

-

-

0,00

Services provided

-

-

-

0,00

Purchases

-

-

-

0,00

Supplies and external services

29.231,13

-

-

29.231,13

Acquisition of fixed tangible assets

-

-

-

0,00

Acquisition of investment properties

-

-

-

0,00

Acquisition of intangible assets

-

-

-

0,00

Supplementary income:

0,00

0,00

0,00

0,00

Social services

-

-

-

0,00

Equipment rental

-

-

-

0,00

Studies, projects and technological assistance

-

-

-

0,00

Royalities

-

-

-

0,00

Others

-

-

-

0,00

Memorandum: Sales and services provided (undiscounted values)

-

-

-

0,00

Memorandum: Purchases and supplies and external services (undiscounted values)

-

-

-

0,00

 

RECEIVABLE AND PAYABLE ACCOUNTS

 

Rubrics

2013

2012

PERIODS

 

Customers

 

 

Trade accounts receivable

-

-

-

Trade notes receivable

-

-

-

Advances received from customers

-

-

-

Suppliers

 

 

 

Trade accounts payable

24.493,47

16.581,75

47,71%

Trade notes payable

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advances to suppliers

-

-

-

Staff

 

 

 

Payable remunerations

-

-

-

Advanced payments

-

-

-

Bonds

-

-

-

Other operations

-

-

-

State and other public sector institutions

 

 

 

Income Tax

(13.201,42)

(7.727,84)

(70,83)%

Deductible IVA (debt cumulative amounts)

-

-

-

Paid IVA (credit cumulative amounts)

-

-

-

Shareholders / partners

 

 

 

Shareholders with subscription

-

-

-

Unreleased quotas

-

-

-

Advances for profits

-

-

-

Allocated results

 

 

 

From the perspective of the entity distributing profits

-

-

-

From the perspective of the entity with allocated profits

-

-

-

Available profits

 

 

 

From the perspective of the entity distributing profits

-

-

-

From the perspective of the entity with allocated profits

-

-

-

Granted loans - parent company

4.454.972,19

4.454.972,19

0,00%

Granted loans - subsidiary companies, associated companies and joint ventures

-

-

-

Granted loans - other shareholders/partners

-

-

-

Of which: Participating companies

-

-

-

Other operations

 

 

 

Debit status

-

-

-

Credit status

503.043,26

489.072,26

2,86%

Other receivable and payable accounts

 

 

 

Investment providers - general accounts

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advanced payments to investment providers

-

-

-

additional income - Debtors

431.597,00

277.069,00

55,77%

additional expenses - Creditors

-

13.804,00

-

Deferred tax assets

-

-

-

Deferred tax liabilities

-

-

-

Unreleased subscriptions - Creditors

-

-

-

Advances received on account of sales

-

-

-

Other debtors and creditors

 

 

 

Other debtors

609.704,80

609.704,80

0,00%

Other creditors

793.623,15

82.268,15

864,68%

 

EXPENSE ACCOUNTS

 

Rubrics

2013

2012

PERIODS

 

Supplies and external services

29.231,13

35.064,94

(16,64)%

Subcontracts

-

-

-

Specialized services

29.206,13

35.041,85

(16,65)%

Specialized works

10.976,52

14.145,00

(22,40)%

Of which: Payments to workers placed through agencies

-

-

-

Advertising and promotion

-

-

-

Surveillance and security

-

-

-

Fees

3.690,00

3.920,00

(5,87)%

Comissions

-

-

-

Maintenance and repairs

-

-

-

Others

14.539,61

16.976,85

(14,36)%

Materials

-

-

-

Fast wear tools and utensils

-

-

-

Books and technical documentation

-

-

-

Office material

-

-

-

Gift items

-

-

-

Others

-

-

-

Energy and fluids

-

-

-

Electricity

-

-

-

Fuels

-

-

-

Water

-

-

-

Others

-

-

-

Travel, lodging and transportation

-

-

-

Travel and lodging

-

-

-

Transport of personnel

-

-

-

Transport of goods

-

-

-

Others

-

-

-

Different services

25,00

23,09

8,27%

Rents and leases

-

-

-

Of which: Rents from land

-

-

-

Communication

-

23,09

-

Insurance

-

-

-

Royalties

-

-

-

Litigation and Notaries

25,00

-

-

Representation expenses

-

-

-

Cleaning, hygiene and comfort

-

-

-

Other services

-

-

-

 

DELIBERATION OF APPROVAL OF ACCOUNTS

 

Were the financial year's accounts approved?

 

YES

 

Data da Aprovação: 31-03-2014

 

By (Unanimity/Majority):

 

Unanimity

 

Percentage of issued votes related to the share capital subscribed with voting right

 

100

 

The accounts were approved:

 

In general meeting regularly convoked

 

The accounts were approved:

 

In POC/SNC/NCM (National Plan of Accounts/Accounting Normalization System/Accounting Normalization for micro entities)

 

 

PROFIT APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S ACCOUNTS

 

Rubrics

2013

2012

 

Retained earnings

57.558.137,51

55.804.370,08

Allocated results / Available profits

-

-

Percentages or bonuses to managing bodies

-

-

Ditto to staff

-

-

Reserves

-

-

Coverage of losses

-

-

7. Others

-

-

BALANCE (1-2-3-4-5-6-7)

57.558.137,51

55.804.370,08

 

 

MANAGEMENT REPORT

 

 

 

Were the Management Report and financial year's accounts prepared?

YES

 

Were the management report and the financial year's accounts signed by all members of the management / administration?

YES

 

 

 

ASSESSMENT OF THE INSPECTION BODY

 

 

The entity has an inspection body?

YES

 

Has the inspection body issued an assessment?

YES

 

The inspection body pronounced:

In favour of the approval of accounts

 

 

 

LEGAL CERTIFICATION OF ACCOUNTS (CLC)

 

Is the entity required to have certified accounts by a Statutory Auditor/Statutory Audit Firm?

YES

 

Identificação do ROC: 505988283

 

Was the Legal certification of accounts issued?

YES

 

Without reservation and without emphasis

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.62.44

UK Pound

1

Rs.98.15

Euro

1

Rs.77.38

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

NIT

 

               

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.