MIRA INFORM REPORT

 

 

Report Date :

17.12.2014

 

IDENTIFICATION DETAILS

 

Name :

TRIFITROFA-COMERCIO FIOS E TECIDOS LDA

 

 

Registered Office :

Rua Teófilo Braga, 115 - Gandra, Ap. 230

 

 

Country :

Portugal

 

 

Financials (as on) :

2013

 

 

Date of Incorporation :

05.04.1984

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Wholesale Trade of Textiles.

 

 

No of Employees :

18

 

 

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 :

No complaints

 

 

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

TRIFITROFA-COMERCIO FIOS E TECIDOS LDA

V.A.T. Number / NIF

501508120

Address

Rua Teófilo Braga, 115 - Gandra, Ap. 230

Locality

Trofa

Postal Code

4786-909-TROFA

Municipality

SANTO TIRSO

District

PORTO

Telephone

252416821

Fax

252414433

E-Mail

trifitrofa@trifitrofa.pt

Web Site

www.trifitrofa.com

 

 

C.A.E.(Rev 3)

46410- Wholesale trade of textiles

 

 

Financial Highlights

 

 

2011

 

2012

 

2013

Net Sales

21.446.321,22

20.247.648,54

27.000.811,06

Net Income For the Year

902.054,94

396.878,21

252.978,91

Shareholders Funds

4.429.465,57

4.826.343,78

4.778.776,04

Stocks

1.430.125,50

2.684.185,15

3.245.548,50

LIABILITY

11.772.367,09

14.474.113,10

16.306.792,33

ASSETS

16.201.832,66

19.300.456,88

21.085.568,37

 

 

Business Concept

 

Consulted sources say that the subject has been respecting its payments and commercial commitments, so credit connections with this company are recommended.

 

 

Summary

 

Legal Form

Private Limited Company

Constitution

05-04-1984

V.A.T. Number / NIF

501508120

Employees

18

Capital

100.000,00

Sales in : 31-12-2013

27.000.811,06

Shareholders Funds in: 31-12-2013

4.778.776,04

 

 

Management Bodies

 

GABRIEL REIS DA SILVA

Managing-Partner

JAIME GOMES DE AZEVEDO

Managing-Partner

 

 

Legal Structure

 

Registed on the Register Record Office of Trofa with the Register Number 501508120 previous number 1358 in 17-01-1985

Constitution celebrated in 05-04-1984 published on Diário da República number 99 of 28-04-1984

To oblige the company it is necessary 1 signatures

 

Changes to Society

 

In 11-02-2014 on Portal MJ of 11-02-2014 update of the Head Office Village

In 05-07-2012 on Portal MJ of 09-07-2012 social change Clique para ver detalhes

 

In 05-08-2009 on Portal MJ of 07-08-2009 head office change

In 30-11-2004 on Diário da República number 41 of 28-02-2005 increase of capital

 

 

Capital

 

The Capital is 100.000,00

 

With the following distribution

 

CANDIDA MARIA CUNHA DA SILVA RODRIGUES

 

 

GABRIEL REIS DA SILVA

 

 

ANA PAULA CUNHA DA SILVA MATOS

 

 

JAIME GOMES DE AZEVEDO

50.000,00

50%

 

 

Biographies

 

 

Name

CANDIDA MARIA CUNHA DA SILVA RODRIGUES

Funtion

Partner

Address

Rua Latino Coelho, 19

Locality

SAO MARTINHO BOUGADO

Civil State

Married

Consort

Vitor Manuel Marques Rodrigues

 

Name

GABRIEL REIS DA SILVA

Funtion

Managing-Partner

Address

Rua Latino Coelho, 19

Locality

SAO MARTINHO BOUGADO

Civil State

Widow

Professional Connections

The subject has connections with the following company (ies)

 

MESCLAFIO-FIOS TEXTEIS LDA as Manager .

 

Name

ANA PAULA CUNHA DA SILVA MATOS

Funtion

Partner

Address

Rua Trindade Coelho, 309

Locality

SAO MARTINHO BOUGADO

Civil State

Married

Consort

Manuel Azevedo de Matos

 

Name

JAIME GOMES DE AZEVEDO

Funtion

Managing-Partner

Address

Rua Alfredo Guedes Machado, 36

Locality

SAO MARTINHO BOUGADO

Birth Date

19-04-1944

Naturality

Santo Tirso

Civil State

Married

Consort

Cândida Rodrigues da Costa

Previous Connections

Foi sócio gerente da firma José Luís Pacheco Lda, até à data da sua dissolução.

Professional Connections

The subject has connections with the following company (ies)

 

EGO-FABRICA E COMERCIO DE ARTIGOS SANITARIOS LDA as Managing-Partner with a participation of 33.219,94 , in a capital of 49.879,79 .

 

MESCLAFIO-FIOS TEXTEIS LDA as Managing-Partner with a participation of 59.855,74 , in a capital of 199.519,16 .

 

CONCEPTIMAPA-IMOBILIARIA SA as Shareholder and Unique Administrator with a participation of 30.000,00 , in a capital of 50.000,00 .

 

 

Activities

 

Line of Business

Percentage

Trade of cotton yarn and its derivatives

100%

 

 

Type of Clients

Industries/Private Companies

 

 

Sales Conditions

Cash/credit

 

 

 

 

Geographic Distribution of Sales

 

 

Internal Market

 

International Market

 

Year

 

EU

Extra-EU

Total

 

2013

25.390.350,61

94,04%

1.609.980,35

5,96%

480,10

0,00%

27.000.811,06

 

2012

19.489.082,60

96,25%

758.565,94

3,75%

0,00

0,00%

20.247.648,54

 

2011

21.021.372,44

98,02%

424.948,78

1,98%

0,00

0,00%

21.446.321,22

 

2010

21.344.801,89

98,96%

224.111,70

1,04%

0,00

0,00%

21.568.913,59

 

 

 

Geographic Distribution of Purchases

 

 

Internal Market

 

International Market

 

Year

 

EU

Extra-EU

Total

 

2013

2.323.600,18

12,32%

258.561,51

1,37%

16.270.725,84

86,30%

18.852.887,53

 

2012

2.380.669,30

16,49%

658.294,47

4,56%

11.397.166,73

78,95%

14.436.130,50

 

2011

2.196.652,48

18,30%

1.001.770,19

8,35%

8.803.622,58

73,35%

12.002.045,25

 

2010

4.112.852,27

27,44%

994.547,89

6,64%

9.881.827,78

65,93%

14.989.227,94

 

 

 

Banks and Financial Institutions

 

CAIXA GERAL DE DEPOSITOS, SA

Santo Tirso

NOVO BANCO, SA

Centro de Empresas de Famalicão

BANIF - BANCO INTERNACIONAL DO FUNCHAL, SA

Centro de Empresas de Famalicão

 

 

Incidents

 

There are no of incidents on our database

 

 

Employees

 

Year

Total

Men

Women

2013

18

7

39%

11

61%

2012

14

9

64%

5

36%

2011

13

9

69%

4

31%

2010

13

8

62%

5

38%

 

 

Insurance

 

Império Bonança Companhia de Seguros SA

Companhia Seguros Allianz Portugal SA

 

 

Head Office and Installations

 

Had head office Rua Alfredo Costa Peniche, s/n, Sao Martinho Do Bougado, 4785-280, TROFA

Head office and installations Rua Teófilo Braga, 115 - Gandra, Ap. 230 , Trofa, 4786-909, TROFA, Tel:252416821, Fax:252414433

Had head office Lugar de Valdeirigo, Sao Martinho Do Bougado, 4750, TROFA

 

 

Participations

 

The subject participates on the following company(ies)

 

IIC Number

93003

NAME

MESCLAFIO-FIOS TEXTEIS LDA

Address

Rua de Dona Goncinha

Locality

Abelheira

Telephone

252403900

Fax

252403909

E-Mail

sepormalha@sapo.pt

C.A.E.

13910- Manufacture of knitted fabrics

Capital

199.519,16

Participation

70%

 

 

Special Information

 

Event

General Description

 

Existe uma quota no valor de 50.000 euros em comum e sem determinação de partes ou direito, pertencente a Gabriel Reis da Silva, Ana Paula Cunha da Silva Matos e Cândida Maria Cunha da Silva Rodrigues.

 

 

Financial Demonstration SNC

 

Balance Sheet SNC

 

CoinEUROS

 

Year:2013

 

2013

2012

2011

% Var.2013/12

ASSET

 

 

 

 

 

 

 

 

Non-current assets

 

 

 

 

 

 

 

 

Tangible fixed assets

3.396.214,55

3.417.312,89

2.848.625,06

(0,62)%

 

 

Investment properties

-

-

-

-

 

 

Goodwill

-

-

-

-

 

 

Intangible assets

-

-

-

-

 

 

Biological assets

-

-

-

-

 

 

Financial participations - patrimonial equity method

-

-

-

-

 

 

Financial participations - other methods

280.701,41

270.701,41

-

3,69%

 

 

Shareholders/partners

-

40.000,00

-

-

 

 

Other financial assets

34.740,00

29.740,00

22.500,00

16,81%

 

 

Deferred tax assets

-

-

-

-

 

 

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

-

-

-

-

 

 

Total

3.711.655,96

3.757.754,30

2.871.125,06

(1,23)%

 

 

 

 

 

 

 

 

 

Current assets

 

 

 

 

 

 

 

 

Inventories

3.245.548,50

2.684.185,15

1.430.125,50

20,91%

 

 

Biological assets

-

-

-

-

 

 

Costumers

12.675.238,25

10.430.762,05

8.375.217,83

21,52%

 

 

Advances to suppliers

-

3.570,99

141.228,82

-

 

 

State and other public entities

141.525,39

353.532,83

245.363,50

(59,97)%

 

 

Shareholders/partners

-

-

-

-

 

 

Other accounts receivable

486.442,04

652.395,23

398.887,25

(25,44)%

 

 

Deferrals

22.544,47

26.738,40

36.613,82

(15,69)%

 

 

Financial assets held for trading

4.563,00

83.396,28

-

(94,53)%

 

 

Other financial assets

-

-

-

-

 

 

Non-current assets held for sale

-

-

-

-

 

 

Other current assets

-

-

-

-

 

 

Cashier and bank deposits

798.050,76

1.308.121,65

2.703.270,88

(38,99)%

 

 

Total

17.373.912,41

15.542.702,58

13.330.707,60

11,78%

 

 

 

 

 

 

 

 

 

TOTAL ASSET

21.085.568,37

19.300.456,88

16.201.832,66

9,25%

 

 

 

 

 

 

 

 

 

SHAREHOLDERS FUNDS AND LIABILITIES

 

 

 

 

 

 

 

 

SHAREHOLDERS FUNDS

 

 

 

 

 

 

 

 

Capital

100.000,00

100.000,00

100.000,00

-

 

 

Own shares

-

-

-

-

 

 

Other shareholders funds instruments

-

-

-

-

 

 

Emission premiuns

-

-

-

-

 

 

Legal reserves

61.000,00

61.000,00

61.000,00

-

 

 

Other reserves

4.665.343,78

4.268.465,57

3.366.410,63

9,30%

 

 

Net retained

(300.546,65)

-

-

-

 

 

Adjustments on financial assets

-

-

-

-

 

 

Revaluation surplus

-

-

-

-

 

 

Other shareholders funds changes

-

-

-

-

 

 

Total

4.525.797,13

4.429.465,57

3.527.410,63

2,17%

 

 

 

 

 

 

 

 

 

Net income for the period

252.978,91

396.878,21

902.054,94

(36,26)%

 

 

Antecipated dividends

-

-

-

-

 

 

TOTAL OF SHAREHOLDERS FUNDS

4.778.776,04

4.826.343,78

4.429.465,57

(0,99)%

 

 

 

 

 

 

 

 

 

LIABILITY

 

 

 

 

 

 

 

 

Non-current liiabilities

 

 

 

 

 

 

 

 

Provisions

-

-

-

-

 

 

Financing obtained

1.267.479,00

1.899.905,80

1.368.857,21

(33,29)%

 

 

Responsability for post-employment beneficts

-

-

-

-

 

 

Diferred taxes liabilities

-

-

-

-

 

 

Other payable accounts

-

-

-

-

 

 

Total

1.267.479,00

1.899.905,80

1.368.857,21

(33,29)%

 

 

 

 

 

 

 

 

 

Current liabilities

 

 

 

 

 

 

 

 

Suppliers

6.635.160,48

5.762.467,50

3.637.337,62

15,14%

 

 

Advances from costumers

-

618,08

4.417,20

-

 

 

State and other public entities

100.922,70

391.203,30

457.548,12

(74,20)%

 

 

Shareholders/partners

-

-

-

-

 

 

Financing obtained

7.554.608,34

5.630.897,88

5.869.170,98

34,16%

 

 

Other payable accounts

748.621,81

789.020,54

435.035,96

(5,12)%

 

 

Deferrals

-

-

-

-

 

 

Financial liabilities held for trading

-

-

-

-

 

 

Other financial liabilities

-

-

-

-

 

 

Non-current liabilities held for sale

-

-

-

-

 

 

Other current liabilities

-

-

-

-

 

 

Total

15.039.313,33

12.574.207,30

10.403.509,88

19,60%

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES

16.306.792,33

14.474.113,10

11.772.367,09

12,66%

 

 

 

 

 

 

 

 

 

TOTAL SHAREHOLDERS FUNDS AND LIABILITIES

21.085.568,37

19.300.456,88

16.201.832,66

9,25%

 

 

 

 

 

 

 

 

 

INCOME STATEMENT

 

 

 

 

 

 

 

 

INCOME AND EXPENSES

 

 

 

 

 

 

 

 

Sales and services

27.000.811,06

20.247.648,54

21.446.321,22

33,35%

 

 

Operating government grants

-

-

-

-

 

 

Gains/losses allocated subsidiaries, associates and joint ventures

-

-

-

-

 

 

Variation in production inventories

-

-

-

-

 

 

Work for the entity itself

-

-

-

-

 

 

Cost of goods sold and materials consumed

18.291.524,18

13.182.070,85

13.667.905,70

38,76%

 

 

Suppliers and external services

6.095.661,50

4.950.987,41

4.695.668,10

23,12%

 

 

Personnel costs

636.530,86

580.483,52

544.991,82

9,66%

 

 

Impairment of inventories (losses/revearsals)

-

-

-

-

 

 

Impairment of receivables (losses/revearsals)

405.115,28

(6.685,34)

220.966,43

(6.159,76)%

 

 

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

340.537,26

468.595,73

311.124,64

(27,33)%

 

 

Other expenses and losses

373.102,33

385.489,12

585.030,49

(3,21)%

 

 

Result before depreciation, financing costs and taxes

1.539.414,17

1.623.898,71

2.042.883,32

(5,20)%

 

 

 

 

 

 

 

 

 

Expenses/reversals of depreciation and amortization

272.200,66

242.588,93

213.319,49

12,21%

 

 

Impairment of investments depreciable/amortizable (losses/reversals)

-

-

-

-

 

 

Operating result (before financing costs and taxes)

1.267.213,51

1.381.309,78

1.829.563,83

(8,26)%

 

 

 

 

 

 

 

 

 

Interest and similar income obtained

4.153,77

-

7.923,38

-

 

 

interest and similar expenses incurred

857.786,40

768.316,24

540.306,40

11,64%

 

 

Net before taxes

413.580,88

612.993,54

1.297.180,81

(32,53)%

 

 

 

 

 

 

 

 

 

Income tax of the period

160.601,97

216.115,33

395.125,87

(25,69)%

 

 

Net profit for the period

252.978,91

396.878,21

902.054,94

(36,26)%

 

 

 

 

 

 

 

 

 

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

0,053

0,082

0,204

 

 

 

Assets Profitability

0,06

0,072

0,113

 

 

 

Sales Net Profitability

0,009

0,02

0,042

 

 

 

 

 

EFFICIENCY RATIOS

 

Medium Term Receivable

171,345

188,033

142,54

 

 

 

Asset Rotation

1,281

1,049

1,324

 

 

 

 

 

PRODUCTIVITY RATIOS

 

Productivity

13,682

12,172

14,273

 

 

 

 

 

SHORT TERM RATIOS

 

General Liquidity

1,155

1,236

1,281

 

 

 

Reduced Liquidity

0,939

1,023

1,144

 

 

 

Immediate Liquidity

0,053

0,104

0,26

 

 

 

 

 

MEDIUM LONG TERM RATIOS

 

Financial Autonomy

0,227

0,25

0,273

 

 

 

Solvability

0,293

0,333

0,376

 

 

 

Borrowed Capital Structure

0,922

0,869

0,884

 

 

 

General Debt

1,846

1,56

1,634

 

 

 

Medium Long Term Debt

0,265

0,394

0,309

 

 

 

Debt Structure

0,922

0,869

0,884

 

 

 

Capital Structure

3,77

2,54

3,236

 

 

 

 

 

Operational and Financial Risk

 

Operational Leverage Level

6,873

5,115

4,252

 

 

 

Financial Leverage Level

3,064

2,253

1,41

 

 

 

Combined Leverage Level

21,059

11,524

5,995

 

 

 

 

 

CASH FLOW STATEMENT

 

Rubrics

2013

2012

PERIODS

CASH FLOWS FROM OPERATIONAL ACTIVITIES

 

 

 

Customers receipts

29.593.512,30

22.306.991,88

32,66%

Payments to suppliers

27.247.712,05

20.570.970,62

32,46%

Payments to employees

636.530,86

580.483,52

9,66%

Cash at bank generated from operations

1.709.269,39

1.155.537,74

47,92%

Payment/receipt of income tax

55.513,36

179.010,54

(68,99)%

Other receipts/payments

(290.280,60)

(66.344,82)

(337,53)%

Cash Flows from Operational Activities (A)

1.474.502,15

1.268.203,46

16,27%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Payments regarding:

 

 

 

Fixed tangible assets

21.098,34

568.687,83

(96,29)%

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

-

-

-

Receipts from:

 

 

 

Fixed tangible assets

-

-

-

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

-

-

-

Investment subsidies

-

-

-

Interest and similar income

4.153,77

12.538,09

(66,87)%

Dividends

-

-

-

Cash Flows' Investments Activities (B)

(16.944,57)

(556.149,74)

96,95%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Receipts from:

 

 

 

Obtained financing

1.816.281,16

1.128.665,73

60,92%

Paying-up of capital and other equity instruments

-

-

-

Coverage of losses

-

-

-

Donations

-

-

-

Other financing operations

-

-

-

Payments regarding:

 

 

 

Obtained financing

2.592.701,24

2.042.382,98

26,94%

Interests and similar expenses

857.786,40

768.316,24

11,64%

Dividends

-

-

-

Capital's redution and other equity instruments

-

-

-

Other financing operations

373.102,33

385.489,12

(3,21)%

Cash Flows' Financing Activities ©

(2.007.308,81)

(2.067.522,61)

2,91%

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

(549.751,23)

(1.355.468,89)

59,44%

Effect of exchange differences

-

-

-

Cash at bank and its equivalents at the start of period

1.347.801,99

2.703.270,88

(50,14)%

Cash at bank and its equivalents at the end of period

798.050,76

1.347.801,99

(40,79)%

 

 

CASH FLOWS

 

 

Movimentos do Periodo de 2013

Rubrics

Initial balance

Debits

Credits

Final balance

PERIOD'S CARRYING AMOUNT AND MOVEMENTS

Cash in hand

453,91

25.677.963,69

25.678.233,32

184,28

Order deposits

1.307.667,74

46.929.512,40

47.439.313,66

797.866,48

Other bank deposits

0,00

-

-

0,00

Total cash at bank and bank deposits

1.308.121,65

72.607.476,09

73.117.546,98

798.050,76

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

405.115,28

-

405.115,28

Other receivables

-

-

0,00

Equity instruments and other securities

-

-

0,00

Others

-

-

0,00

TOTAL

405.115,28

0,00

405.115,28

 

 

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

18

37.440

Paid company employees

18

37.440

Company UNPAID employees

0

0

Company employees, by type of working hours

 

 

Full time company employees

18

37.440

Of which: Full time company employees

18

37.440

Part time company employees

0

0

Of which: Part time company employees

0

0

Company employees, by gender:

 

 

Men

7

14.560

Women

11

22.880

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

636.530,86

Governance Bodies Remuneration

141.229,20

Of which: Profit-sharing

-

Employees remuneration

378.190,40

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

97.187,79

Insurance for accidents at work and professional diseases

4.383,51

Social security expenses

15.539,96

Other staff costs

-

Of which:

 

Expenditure on education

-

Expenditure on uniforms

-

 

 

INFORMATION BY GEOGRAPHIC MARKETS

 

 

Geographic markets

Rubrics

Internal

EU

Extra-EU

Total

Sales

24.966.900,64

1.609.980,35

480,10

26.577.361,09

Services provided

423.449,97

-

-

423.449,97

Purchases

2.323.600,18

258.561,51

16.270.725,84

18.852.887,53

Supplies and external services

6.095.661,50

-

-

6.095.661,50

Acquisition of fixed tangible assets

598.655,70

-

-

598.655,70

Acquisition of investment properties

-

-

-

0,00

Acquisition of intangible assets

-

-

-

0,00

Supplementary income:

38,30

0,00

0,00

38,30

Social services

-

-

-

0,00

Equipment rental

-

-

-

0,00

Studies, projects and technological assistance

-

-

-

0,00

Royalities

-

-

-

0,00

Others

38,30

-

-

38,30

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

13.080.353,53

6.346.296,47

106,11%

Trade notes receivable

-

4.084.465,58

-

Advances received from customers

-

618,08

-

Suppliers

 

 

 

Trade accounts payable

6.635.160,48

5.711.369,97

16,17%

Trade notes payable

-

51.097,53

-

Trade accounts payable - unchecked invoices

-

-

-

Advances to suppliers

-

3.570,99

-

Staff

 

 

 

Payable remunerations

-

-

-

Advanced payments

-

-

-

Bonds

-

-

-

Other operations

-

-

-

State and other public sector institutions

 

 

 

Income Tax

-

-

-

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

-

40.000,00

-

Granted loans - subsidiary companies, associated companies and joint ventures

-

-

-

Granted loans - other shareholders/partners

-

-

-

Of which: Participating companies

-

-

-

Other operations

 

 

 

Debit status

-

-

-

Credit status

-

-

-

Other receivable and payable accounts

 

 

 

Investment providers - general accounts

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advanced payments to investment providers

-

-

-

additional income - Debtors

-

-

-

additional expenses - Creditors

-

-

-

Deferred tax assets

-

-

-

Deferred tax liabilities

-

-

-

Unreleased subscriptions - Creditors

-

-

-

Advances received on account of sales

-

-

-

Other debtors and creditors

 

 

 

Other debtors

-

-

-

 

 

EXPENSE ACCOUNTS

 

Rubrics

2013

2012

PERIODS

Supplies and external services

6.095.661,50

4.950.987,41

23,12%

Subcontracts

4.908.573,97

3.829.839,49

28,17%

Specialized services

706.721,95

724.222,35

(2,42)%

Specialized works

54.423,88

44.717,62

21,71%

Of which: Payments to workers placed through agencies

-

-

-

Advertising and promotion

53.533,80

73.711,95

(27,37)%

Surveillance and security

4.025,85

5.786,37

(30,43)%

Fees

24.990,64

33.357,22

(25,08)%

Comissions

480.666,00

498.536,14

(3,58)%

Maintenance and repairs

88.597,95

68.069,63

30,16%

Others

483,83

43,42

1.014,30%

Materials

31.982,49

34.702,24

(7,84)%

Fast wear tools and utensils

3.386,44

1.322,29

156,10%

Books and technical documentation

-

-

-

Office material

10.067,41

11.069,01

(9,05)%

Gift items

18.528,64

22.310,94

(16,95)%

Others

-

-

-

Energy and fluids

142.946,34

113.039,58

26,46%

Electricity

12.717,54

8.283,67

53,53%

Fuels

82.749,24

62.496,25

32,41%

Water

2.570,85

2.550,45

0,80%

Others

44.908,71

39.709,21

13,09%

Travel, lodging and transportation

105.716,27

60.677,96

74,23%

Travel and lodging

33.912,88

29.092,87

16,57%

Transport of personnel

-

-

-

Transport of goods

71.803,39

31.585,09

127,33%

Others

-

-

-

Different services

199.720,48

188.505,79

5,95%

Rents and leases

-

7.522,50

-

Of which: Rents from land

-

-

-

Communication

26.511,97

18.017,14

47,15%

Insurance

161.441,97

128.204,99

25,92%

Royalties

-

-

-

Litigation and Notaries

38,81

1.608,64

(97,59)%

Representation expenses

1.301,90

27.457,60

(95,26)%

Cleaning, hygiene and comfort

10.425,83

5.694,92

83,07%

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

(47.567,74)

396.878,21

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)

(47.567,74)

396.878,21

 

 

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: 503175595

 

Was the Legal certification of accounts issued?

YES

 

With reserves

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.41

UK Pound

1

Rs.99.03

Euro

1

Rs.79.00

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

ANK

 

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.