MIRA INFORM REPORT

Report Date :

20.12.2014

IDENTIFICATION DETAILS

Name :	CIE EUROPEENNE DE LA CHAUSSURE
Registered Office :	28 Av De Flandre 75019 Paris 19
Country :	France
Financials (as on) :	31.08.2013
Date of Incorporation :	August 1997
Com. Reg. No.:	9 413 156 795
Legal Form :	Public limited company with board of directors
Line of Business :	Subject retails in footwear Its sells a range of shoes such as casual, sneakers, walking, sandals, sports slippers.
No. of Employees :	2,000 to 4,999

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)
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 name and address

CIE EUROPEENNE DE LA CHAUSSURE

Trade name	LA HALLE O CHAUSSURES
		EUR VAT Number	FR32413156795
Activity (APE)	Retails in Footwear	Legal form	Public limited company with board of directors
Phone		RCS Registration	RCS Paris 9 413 156 795
Fax		Share capital	63,593,635 Euros
Address	CIE EUROPEENNE DE LA CHAUSSURE C.E.C. 28 AV DE FLANDRE 75019 PARIS 19	Incorporated Date	08/1997
Nationality	France	Status	Economically active

Payment Information Summary - Trade Payment Data
Total number of Invoices available	19
Total number of Invoices paid within or up to 30 days after the due date	17
Total number of Invoices paid more than 30 days after the due date	2
Total number of Invoices currently outstanding where the due date has not yet been reached	0
Total number of Invoices currently outstanding beyond the due date	0

No social security and tax office preferential right to date

Ultimate Holding Company
Company Name
CHARTERHOUSE NOVA II SÀRL	2 companies in 3 countries. Click here to visit linked companies

Trading to Date	08/31/2013	08/31/2012	08/31/2011
Turnover	701,527,474 €	703,195,138 €	730,552,823 €
Gross Operating Surplus	14.65 % Turnover	16.87 % Turnover	19.41 % Turnover
Shareholders’ equity	99,251,048 €	123,138,011 €	132,050,262 €
Net result	36,917,562 €	52,600,053 €	67,437,471 €
Employees	2 000 to 4 999 employees	-	-

Trends
Profitability
Liquidity
Net worth

Company details

Activity (APE)	Retails in Footwear
RCS Registration	RCS Paris 9 413 156 795	Share capital	63,593,635 Euros
Registration Court	Paris (75)	Legal form	Public limited company with board of directors
Court Registry Number	19 9 7B11096	EUR VAT Number	FR32413156795
Incorporation Date	08/1997	Formation Date	07/1997
Deregistration Date		Last account Date	31/08/2013
Nationality	France

Establishment details

Trade name	LA HALLE O CHAUSSURES
Activity (APE)	Retails in Footwear	Business Pages FT®
Postal Address	CIE EUROPEENNE DE LA CHAUSSURE C.E.C. 28 AV DE FLANDRE 75019 PARIS 19	Trading Address	28 AVENUE DE FLANDRE 75019 PARIS 19
Telephone
Fax

Type	Head office	Status	Economically active
Formation Date	07/1997	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Paris (75)	Region	Ile-de-France
District	1	Area	33
City	PARIS 19	Size of urban area	Paris conglomeration

Other establishments

Branches	761 branch entities in this company
Head office	Retails in Footwear
Secondary establishments	Retails in Footwear

Regionality	Legal unit with multiple establishments in many areas but no one grouping more than 50% of workforce
Mono-activity status	Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Workforces

Workforce at address

250 to 499 employees

Company workforce

2 000 to 4 999 employees

Financial data

Top accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/08/2013	31/08/2012	31/08/2011
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Date of capture	26/12/2013	13/12/2013	23/05/2013
Activity Code	4772A	4772A	4772A
Employees	4002	0	4052

Active account

Annual Accounts	31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	115,142,722	-3.6%	119,434,367	-6.1%	127,246,602	77,289	148876.9%
- Intangible assets	35,574,665	1.1%	35,193,001	1.7%	34,605,177	51,461	69029.4%
- Tangible assets	77,252,213	-4.8%	81,140,123	-9.2%	89,345,960	10,585	729727.2%
- Financial assets	5,177,578	-2.3%	5,301,533	-1.8%	5,396,966	1,500	345071.9%
Net current assets	227,065,319	11.1%	204,451,758	-17.5%	247,843,589	136,209	166603.6%
- Stocks	184,045,985	6.7%	172,476,169	-15.3%	203,649,163	87,018	211403.3%
- Advanced payments	3,206,853	11.1%	121,702	-80.6%	627,578	0	0%
- Receivables	31,939,705	18.3%	27,000,818	-30.0%	38,592,932	8,256	386766.6%
- Securities and cash	7,872,776	62.2%	4,853,069	-2.4%	4,973,916	14,682	53522.0%
- Prepaid expenses	-	-	-	-	-	561	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	342,208,039	5.7%	323,886,128	-13.7%	375,090,193	236,033	144883.1%

Passive Account

Annual Accounts	31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Shareholders' equity	99,251,048	-19.4%	123,138,011	-6.7%	132,050,262	59,117	167789.2%
Share capital	40,589,550	0%	40,589,550	0%	40,589,550	8,000	507269.4%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	5,787,742	59.1%	3,638,056	-3.5%	3,768,418	0	0%
Liabilities	237,169,245	20.3%	197,110,057	-17.6%	239,271,509	143,546	165121.8%
- Financial liabilities	52,925,182	201.4%	17,559,429	57.0%	11,186,778	47,900	110391.0%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	132,482,503	1.3%	130,823,470	-18.6%	160,808,733	31,996	413959.6%
- Tax and social liabilities	40,461,945	-4.7%	42,455,622	-23.3%	55,350,689	24,006	168449.3%
- Other debts and fixed assets liabilities	11,276,713	80.4%	6,249,531	-47.4%	11,888,723	4,486	251275.7%
Account regularization	22,899	4.1%	22,005	-39.8%	36,582	0	0%
Total liabilities	342,208,039	5.7%	323,886,128	-13.7%	375,090,193	236,058	144867.8%

Results

Annual Accounts	31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Sales of Goods	709,855,258	-0.5%	713,161,334	-3.9%	741,806,782	286,625	247559.9%
Net turnover	701,527,474	-0.2%	703,195,138	-3.7%	730,552,823	282,667	248081.6%
- of which net export turnover	19,074,590	3.3%	18,472,176	24.6%	14,820,657	0	0%
Operating charges	640,836,989	2.0%	628,402,814	-1.0%	634,545,989	279,301	229343.1%
Operating profit/loss	69,018,269	-18.6%	84,758,520	-21.0%	107,260,793	6,641	1039175.2%
Financial income	24,439	240.4%	7,180	-96.4%	202,188	02	1221850.0%
Financial charges	3,111,211	12.1%	2,775,231	201.8%	919,642	1,512	205667.9%
Financial profit/loss	-3,086,772	-11.5%	-2,768,051	-285.8%	-717,454	-1,060	-291104.9%
Pretax net operating income	65,931,497	-19.6%	81,990,469	-23.0%	106,543,339	4,999	1318793.7%
Extraordinary income	2,996,657	-56.6%	6,911,148	-9.1%	7,607,049	0	0%
Extraordinary charges	9,028,426	102.1%	4,466,477	-21.8%	5,708,108	45	20063068.9%
Extraordinary profit/loss	-6,031,769	-346.7%	2,444,671	28.7%	1,898,941	0	0%
Net result	36,917,562	-29.8%	52,600,053	-22.0%	67,437,471	5,035	733118.7%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/08/2013	31/08/2012	31/08/2011
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/08/2013		31/08/2012		31/08/2011
	Grand Total (I to VI)	Net	342,208,039	5.7%	323,886,128	-13.7%	375,090,193
	Gross	CO	603,654,581	6.6%	566,234,796	-4.4%	592,319,365
	Amortisation	1A	261,446,542	7.9%	242,348,668	11.6%	217,229,172

Non declared distributed capital (I)

		31/08/2013		31/08/2012		31/08/2011
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

			31/08/2013		31/08/2012		31/08/2011
	Total Active fixed asset (II)	Net	115,142,722	-3.6%	119,434,367	-6.1%	127,246,602
	Gross	BJ	371,079,415	4.0%	356,662,017	5.6%	337,869,434
	Amortisation	BK	255,936,693	7.9%	237,227,650	12.6%	210,622,832

Intangilble fixed assets

			31/08/2013		31/08/2012		31/08/2011
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	1,243,961	32.8%	936,667	-0.7%	943,739
	Gross	AF	4,652,703	35.4%	3,436,410	20.7%	2,847,397
	Amortisation	AG	3,408,742	36.4%	2,499,743	31.3%	1,903,658
	Goodwill	Net	33,813,692	0.5%	33,640,408	1.2%	33,243,294
	Gross	AH	33,813,692	0.5%	33,640,408	1.2%	33,243,294
	Amortisation	AI	2,861,734	30.1%	2,200,290	4.7%	2,101,501
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	0	0%	0	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	517,012	-16.1%	615,926	47.3%	418,144
	Gross	AL	517,012	-16.1%	615,926	47.3%	418,144
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	35,574,665	1.1%	35,193,001	1.7%	34,605,177

Tangilble fixed assets

			31/08/2013		31/08/2012		31/08/2011
	Lands	Net	170,418	0.0%	170,417	0%	170,417
	Gross	AN	170,418	0.0%	170,417	0%	170,417
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	54,565,262	-10.8%	61,205,200	-6.2%	65,220,724
	Gross	AP	224,286,329	2.2%	219,413,660	6.7%	205,609,725
	Amortisation	AQ	169,721,067	7.3%	158,208,460	12.7%	140,389,001
	Plant	Net	518,390	-33.5%	779,934	-24.0%	1,025,850
	Gross	AR	3,117,770	1.8%	3,063,331	2.8%	2,978,549
	Amortisation	AS	2,599,380	13.8%	2,283,397	16.9%	1,952,699
	Other tangible fixed assets	Net	16,590,391	-8.7%	18,166,604	-14.5%	21,249,401
	Gross	AT	93,936,161	4.1%	90,202,364	5.5%	85,525,374
	Amortisation	AU	77,345,770	7.4%	72,035,760	12.1%	64,275,973
	Fixed assets in construction	Net	4,809,887	1418.5%	316,749	-80.2%	1,598,133
	Gross	AV	4,809,887	1418.5%	316,749	-80.2%	1,598,133
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	597,865	19.3%	501,219	515.5%	81,435
	Gross	AX	597,865	19.3%	501,219	515.5%	81,435
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	77,252,213		81,140,123		89,345,960

Financial assets

			31/08/2013		31/08/2012		31/08/2011
	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	137	0%	137	0%	137
	Gross	CU	137	0%	137	0%	137
	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	4,330	0.0%	4,329	0%	4,329
	Gross	BD	4,330	0.0%	4,329	0%	4,329
	Amortisation	BE	0	0%	0	0%	0
	Loans	Net	4,780	18.9%	4,019	-53.3%	8,612
	Gross	BF	4,780	0%	4,019	0%	8,612
	Amortisation	BG	0		0		0
	Other financial assets	Net	5,168,331	-2.4%	5,293,048	-1.7%	5,383,888
	Gross	BH	5,168,331	-2.4%	5,293,048	-1.7%	5,383,888
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		5,177,578		5,301,533		5,396,966

Current Assets (III)

			31/08/2013		31/08/2012		31/08/2011
	Total Assets	Net	227,065,319	11.1%	204,451,758	-17.5%	247,843,589
	Gross	CJ	232,575,168	11.0%	209,572,774	-17.6%	254,449,926
	Amortisation	CK	5,509,849	7.6%	5,121,016	-22.5%	6,606,337

Stocks

			31/08/2013		31/08/2012		31/08/2011
	Raw materials	Net	0	0%	0	0%	0
	Gross	BL	0	0%	0	0%	0
	Amortisation	BM	0	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	0	0%	0	0%	0
	Gross	BR	0	0%	0	0%	0
	Amortisation	BS	0	0%	0	0%	0
	Goods for resale	Net	184,045,985	6.7%	172,476,169	-15.3%	203,649,163
	Gross	BT	189,386,985	6.8%	177,409,169	-15.5%	210,055,897
	Amortisation	BU	5,341,000	8.3%	4,933,000	-23.0%	6,406,734
	Sub Total Stocks	Net	184,045,985	6.7%	172,476,169	-15.3%	203,649,163

Advance payments to suppliers

			31/08/2013		31/08/2012		31/08/2011
	Advance payments to suppliers	Net	3,206,853	2535.0%	121,702	-80.6%	627,578
	Gross	BV	3,206,853	2535.0%	121,702	-80.6%	627,578
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/08/2013		31/08/2012		31/08/2011
	Trade accounts receivable	Net	8,358,281	18.1%	7,077,832	-35.7%	11,006,149
	Gross	BX	8,527,130	17.4%	7,265,848	-35.2%	11,205,752
	Amortisation	BY	168,849	-10.2%	188,016	-5.8%	199,603
	Other debtors	Net	14,116,949	21.0%	11,670,114	-38.7%	19,051,558
	Gross	BZ	14,116,949	21.0%	11,670,114	-38.7%	19,051,558
	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	22,475,230	19.9%	18,747,946	-37.6%	30,057,707

Divers

			31/08/2013		31/08/2012		31/08/2011
	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	7,872,776	62.2%	4,853,069	-2.4%	4,973,916
	Gross	CF	7,872,776	62.2%	4,853,069	-2.4%	4,973,916
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	7,872,776	62.2%	4,853,069	-2.4%	4,973,916

Prepaid expenses

			31/08/2013		31/08/2012		31/08/2011
	Prepaid expenses	Net	9,464,475	14.7%	8,252,872	-3.3%	8,535,225
	Gross	CH	9,464,475	14.7%	8,252,872	-3.3%	8,535,225
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/08/2013		31/08/2012		31/08/2011
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%	0
Gross		0	0%	0	0%	0

References

		31/08/2013		31/08/2012		31/08/2011
Due within one year	CP	4,780	0%	0	0%	8,612
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)

		31/08/2013		31/08/2012		31/08/2011
Grand Total (I to V)	EE	342,208,039	5.7%	323,886,128	-13.7%	375,090,193

Shareholder Equity (I)

			31/08/2013		31/08/2012		31/08/2011
	Total shareholders' equity (Total I)	DL	99,251,048	-19.4%	123,138,011	-6.7%	132,050,262
	Equity and shareholders' equity	DA	40,589,550	0%	40,589,550	0%	40,589,550
	Issue and merger premiums	DB	4,138,969	0%	4,138,969	0%	4,138,969
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	4,058,955	0.0%	4,058,956	0.0%	4,058,955
	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	6,706,639	-53.0%	14,279,086	82.1%	7,839,490
	Profit or loss for the period	DI	36,917,562	-29.8%	52,600,053	-22.0%	67,437,471
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	6,839,373	-8.5%	7,471,397	-6.4%	7,985,827

Other capital resources (II)

			31/08/2013		31/08/2012		31/08/2011
	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)

			31/08/2013		31/08/2012		31/08/2011
	Total provisions for risks and charges (Total III)	DR	5,787,742	59.1%	3,638,056	-3.5%	3,768,418
	Risk provisions	DP	3,435,352	161.6%	1,313,042	-36.5%	2,069,027
	Reserves for charges	DQ	2,352,390	1.2%	2,325,014	36.8%	1,699,391

Liabilities (IV)

			31/08/2013		31/08/2012		31/08/2011
	Total Liabilities (Total IV)	EC	237,169,245	20.3%	197,110,057	-17.6%	239,271,509
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	54,515	-68.1%	170,703	-43.4%	301,521
	Sundry loans and financial liabilities	DV	52,870,667	204.1%	17,388,726	59.7%	10,885,257
	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	132,482,503	1.3%	130,823,470	-18.6%	160,808,733
	Tax and social security liabilities	DY	40,461,945	-4.7%	42,455,622	-23.3%	55,350,689
	Fixed asset liabilities	DZ	9,793,677	205.8%	3,202,627	-64.8%	9,092,965
	Other debts	EA	1,483,036	-51.3%	3,046,904	9.0%	2,795,758

Translation loss (V)

		31/08/2013		31/08/2012		31/08/2011
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/08/2013		31/08/2012		31/08/2011
Deferred income	EB	22,899	4.1%	22,005	-39.8%	36,582

References

		31/08/2013		31/08/2012		31/08/2011
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	228,529,234	21.6%	187,864,545	-16.3%	224,515,901
Of which current bank facilities	EH	51,515	-69.6%	169,223	0%	0

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)

		31/08/2013		31/08/2012		31/08/2011
Operating result (Total I-II)	GG	69,018,269	-18.6%	84,758,520	-21.0%	107,260,793

2 - Financial result (V - VI)

		31/08/2013		31/08/2012		31/08/2011
Financial result (Total V-VI)	GV	-3,086,772	-11.5%	-2,768,051	-285.8%	-717,454

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

		31/08/2013		31/08/2012		31/08/2011
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	65,931,497	-19.6%	81,990,469	-23.0%	106,543,339

4 - Extraordinary result (VII-VIII)

		31/08/2013		31/08/2012		31/08/2011
Extraordinary result (Total VII-VIII)	HI	-6,031,769	-346.7%	2,444,671	28.7%	1,898,941

Profit or loss

		31/08/2013		31/08/2012		31/08/2011
Profit or loss	HN	36,917,562	-29.8%	52,600,053	-22.0%	67,437,471

Total Income (I+III+V+VII)

		31/08/2013		31/08/2012		31/08/2011
Total Income (I+III+V+VII)	HL	712,876,354	-1.0%	720,079,662	-3.9%	749,616,019

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

		31/08/2013		31/08/2012		31/08/2011
Total charges (Total II+IV+VI+VIII+IX+X)	HM	675,958,791	1.3%	667,479,606	-2.2%	682,178,550

Operating income (I)

		31/08/2013		31/08/2012		31/08/2011
Total operating income (Total I)	FR	709,855,258	-0.5%	713,161,334	-3.9%	741,806,782

Operating income (details)

			31/08/2013		31/08/2012		31/08/2011
	Sale of goods for resale	FC	698,274,167	-0.2%	699,566,871	-3.8%	727,124,091
	France	FA	679,875,741	-0.3%	681,956,900	-4.4%	713,345,327
	Export	FB	18,398,426	4.5%	17,609,971	27.8%	13,778,764
	Sale of goods produced	FF	0	0%	0	0%	0
	France	FD	0	0%	0	0%	0
	Export	FE	0	0%	0	0%	0
	Sale of services	FI	3,253,307	-10.3%	3,628,267	5.8%	3,428,732
	France	FG	2,577,143	-6.8%	2,766,062	15.9%	2,386,839
	Export	FH	676,164	-21.6%	862,205	-17.2%	1,041,893
	Net turnover	FL	701,527,474	-0.2%	703,195,138	-3.7%	730,552,823
	France	FJ	682,452,884	-0.3%	684,722,962	-4.3%	715,732,166
	Export	FK	19,074,590	3.3%	18,472,176	24.6%	14,820,657
	Stocked production	FM	0	0%	0	0%	0
	Self-constructed assets	FN	604,880	15.7%	522,847	0%	0
	Operating grants	FO	925,421	-25.1%	1,235,567	18.8%	1,039,616
	Release of reserves and provisions	FP	6,544,210	-19.2%	8,095,612	-18.8%	9,965,683
	Other income	FQ	253,273	125.8%	112,170	-54.9%	248,660

Operating charges (II)

		31/08/2013		31/08/2012		31/08/2011
Total operating charges (Total II)	GF	640,836,989	2.0%	628,402,814	-1.0%	634,545,989

Exploitation charges

		31/08/2013		31/08/2012		31/08/2011
Purchase of goods for resale	FS	320,594,393	18.3%	271,084,431	-19.7%	337,652,582
Change in stocks of goods for resale	FT	-11,977,815	-136.7%	32,646,727	226.3%	-25,845,240
Purchase of raw materials	FU	0	0%	0	0%	0
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	154,515,576	3.6%	149,153,007	3.2%	144,591,950
Tax, duty and similar payments	FX	15,965,300	-0.3%	16,011,669	-1.1%	16,193,267
Payroll	FY	87,843,882	2.6%	85,634,747	3.8%	82,492,807
Social security costs	FZ	33,330,358	4.8%	31,809,847	-8.3%	34,692,932

Depreciation

		31/08/2013		31/08/2012		31/08/2011
Depreciation of fixed assets	GA	27,053,682	-7.0%	29,080,708	-6.5%	31,112,871
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	5,350,210	8.2%	4,944,282	-11.8%	5,606,147
Provisions for risks and charges	GD	352,211	-19.6%	438,055	-54.7%	966,309

Other charges

		31/08/2013		31/08/2012		31/08/2011
Other charges	GE	7,809,192	2.8%	7,599,341	7.3%	7,082,364

Operating charges (III-IV)

		31/08/2013		31/08/2012		31/08/2011
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)

			31/08/2013		31/08/2012		31/08/2011
	Total financial income (Total V)	GP	24,439	240.4%	7,180	-96.4%	202,188
	Share financial income	GJ	0	0%	28	-100.0%	132,141
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	22,293	220.1%	6,965	-66.5%	20,789
	Released provisions and transferred charges	GM	0	0%	0	0%	48,892
	Exchange gains	GN	2,146	1047.6%	187	-48.9%	366
	Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

			31/08/2013		31/08/2012		31/08/2011
	Total financial charge (Total VI)	GU	3,111,211	12.1%	2,775,231	201.8%	919,642
	Financial reserves and provisions	GQ	52,490	-91.0%	585,128	22945.6%	2,539
	Interest and similar charges	GR	3,058,522	39.8%	2,187,351	143.6%	898,075
	Exchange losses	GS	199	-92.8%	2,752	-85.5%	19,028
	Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

			31/08/2013		31/08/2012		31/08/2011
	Total extraordinary income (Total VII)	HD	2,996,657	-56.6%	6,911,148	-9.1%	7,607,049
	Extraordinary operating income	HA	0	0%	3,540,600	-14.3%	4,129,844
	Extraordinary income from capital transactions	HB	95,000	-37.5%	152,000	-71.8%	539,615
	Released provisions and transferred charges	HC	2,901,657	-9.8%	3,218,548	9.6%	2,937,590

Extraordinary charges (VIII)

			31/08/2013		31/08/2012		31/08/2011
	Total extraordinary charges (Total VIII)	HH	9,028,426	102.1%	4,466,477	-21.8%	5,708,108
	Extraordinary operating charges	HE	1,063,268	0.7%	1,056,068	4.5%	1,010,609
	Extraordinary charges from capital transactions	HF	243,914	-23.2%	317,504	76.4%	180,000
	Extraordinary reserves and provisions	HG	7,721,244	149.6%	3,092,905	-31.5%	4,517,499

Employee profit sharing (IX)

		31/08/2013		31/08/2012		31/08/2011
Employee profit sharing (Total IX)	HJ	3,772,569	28.2%	2,941,722	-47.9%	5,642,473

Tax on profits (X)

		31/08/2013		31/08/2012		31/08/2011
Tax on profits (Total X)	HK	19,209,596	-33.5%	28,893,362	-18.3%	35,362,338

References

		31/08/2013		31/08/2012		31/08/2011
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	986,899	14.9%	859,273	-47.5%	1,635,916
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	6,221,431	5.1%	5,919,947	10.2%	5,371,749

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)

			31/08/2013		31/08/2012		31/08/2011
	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%	8,163
	Gross value at the end of period	OL	0	0%	0	0%	337,869

Research and development Charge (Total I)

			31/08/2013		31/08/2012		31/08/2011
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/08/2013		31/08/2012		31/08/2011
	Gross value at begin of period	KD	0	0%	0	0%	31,248
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	5,714
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	0	0%	454
	Gross value at the end of period	LW	0	0%	0	0%	36,508

Tangible fixed assets (Total III)

			31/08/2013		31/08/2012		31/08/2011
	Gross value at begin of period	LN	0	0%	0	0%	274,356
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	28,918
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	0	0%	0	0%	7,310
	Gross value at the end of period	NH	0	0%	0	0%	295,964

Fiancial assets (Total IV)

			31/08/2013		31/08/2012		31/08/2011
	Gross value at begin of period	LQ	0	0%	0	0%	5,527
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	269
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0	0%	399
	Gross value at the end of period	NK	0	0%	0	0%	5,397

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

			31/08/2013		31/08/2012		31/08/2011
	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)

			31/08/2013		31/08/2012		31/08/2011
	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)

			31/08/2013		31/08/2012		31/08/2011
	Reserve for depreciation value at begin of period	PE	0	0%	0	0%	2,702
Increases		PF	0	0%	0	0%	1,580
Decreasess		PG	0	0%	0	0%	276
	Decreasess by budget item transfer	PH	0	0%	0	0%	4,006

Total fixed assets amotisation (Total III)

			31/08/2013		31/08/2012		31/08/2011
	Reserve for depreciation value at begin of period	QU	0	0%	0	0%	180,215
Increases		QV	0	0%	0	0%	31,997
Decreases		QW	0	0%	0	0%	5,594
	Decreasess by budget item transfer	QX	0	0%	0	0%	206,618

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/08/2013		31/08/2012		31/08/2011
	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

			31/08/2013		31/08/2012		31/08/2011
	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%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/08/2013		31/08/2012		31/08/2011
	Value at begining of period	7C	0	0%	0	0%	3,467
Increases		UB	0	0%	0	0%	1,088
Decreases		UC	0	0%	0	0%	1,574
	Value at the end of period	UD	0	0%	0	0%	2,981

Includes Total allocations

Operating	UE	0	0%	0	0%	967
Financial	UG	0	0%	0	0%	03
Exceptional	UJ	0	0%	0	0%	118

Includes Total Withdrawal

Operating	UF	0	0%	0	0%	862
Financial	UH	0	0%	0	0%	98
Exceptional	UK	0	0%	0	0%	614

Total regulated provisions (Total I)

			31/08/2013		31/08/2012		31/08/2011
	Value at begining of period	3Z	0	0%	0	0%	0
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%	0

Total risk and charge provisions (Total II)

			31/08/2013		31/08/2012		31/08/2011
	Value at begining of period	5Z	0	0%	0	0%	3,467
Increases		TV	0	0%	0	0%	1,088
Decreases		TW	0	0%	0	0%	1,574
	Value at the end of period	TX	0	0%	0	0%	2,981

Total Provision for depreciation (Total III)

			31/08/2013		31/08/2012		31/08/2011
	Value at begining of period	7B	0	0%	0	0%	0
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	0	0%	0	0%	0

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

		31/08/2013		31/08/2012		31/08/2011
Gross value	VT	0	0%	0	0%	44,185
1 year at most	VU	0	0%	0	0%	38,801
More than one year	VV	0	0%	0	0%	5,384

State of loans

		31/08/2013		31/08/2012		31/08/2011
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%	5,393
Other financial assets (1 year at most)	UV	0	0%	0	0%	09

Receivables statement of assets

		31/08/2013		31/08/2012		31/08/2011
Customers doubtful or disputed	VA	0	0%	0	0%	362
Other claims customer	UX	0	0%	0	0%	10,844
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%	449
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	3,960
Value added tax	VB	0	0%	0	0%	4,420
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%	7,403
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0	0%	2,819

Prepaid

		31/08/2013		31/08/2012		31/08/2011
Prepaid	VS	0	0%	0	0%	8,535

State Debt

			31/08/2013		31/08/2012		31/08/2011
	Total debt (gross)	VY	0	0%	0	0%	228,086
1 year at most		VZ2	0	0%	0	0%	222,913
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	5,173
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/08/2013		31/08/2012		31/08/2011
	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%	0
1 year at most		VH2	0	0%	0	0%	0
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%	160,809
1 year at most		8B2	0	0%	0	0%	160,809
More than 1 year and 5 years at most		8B3	0	0%	0	0%	160,809
	Personnel and associated accounts (gross)	8C1	0	0%	0	0%	16,309
1 year at most		8C2	0	0%	0	0%	11,136
More than 1 year and 5 years at most		8C3	0	0%	0	0%	5,173
	Social Security and other social organizations (gross)	8D1	0	0%	0	0%	9,510
1 year at most		8D2	0	0%	0	0%	9,510
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%	1,626
1 year at most		VW2	0	0%	0	0%	1,626
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%	27,906
1 year at most		VQ2	0	0%	0	0%	27,906
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%	9,093
1 year at most		8J2	0	0%	0	0%	9,093
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%	0
1 year at most		VI2	0	0%	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	0	0%	0	0%	2,796
1 year at most		8K2	0	0%	0	0%	2,796
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%	37
1 year at most		8L2	0	0%	0	0%	37
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/08/2013		31/08/2012		31/08/2011
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

		31/08/2013		31/08/2012		31/08/2011
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/08/2013		31/08/2012		31/08/2011
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

		31/08/2013		31/08/2012		31/08/2011
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

		31/08/2013		31/08/2012		31/08/2011
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

		31/08/2013		31/08/2012		31/08/2011
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

		31/08/2013		31/08/2012		31/08/2011
Average number of employees	YP	4,002	0%	0	0%	4,052

Groups and Shareholders

		31/08/2013		31/08/2012		31/08/2011
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

		31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Fixed Asset Financing		1.12	4.7%	1.07	0.9%	1.06	1.47	-23.8%
Global Debt		122 days	20.8%	101 days	-14.4%	118 days	172 days	-29.1%
Working Capital Fund overall net		22 days	69.2%	13 days	30.0%	10 days	65 days	-66.2%
Financial independence		187.53%	-73.3%	701.26%	-40.6%	1180.41%	71.02%	164.1%
More ratios
Solvability		29%	-23.7%	38.02%	8.0%	35.20%	29.85%	-2.8%
Capacity debt futures		%	-	%	-	%	667.63%	-
Coverage of current assets by net working capital overall		19.17%	56.1%	12.28%	52.9%	8.03%	42.13%	-54.5%
General Liquidity			-		-	0.17	0.08	-
Restricted Liquidity			-		-	22.49	0.26	-

Management or rotation

		31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Need background in operating working capital		13 days	116.7%	6 days	100%	3 days	29 days	-55.2%
Treasury		4 days	100%	2 days	0%	2 days	2 days	100%
Inventory turnover of goods		221 days	5.2%	210 days	-13.6%	243 days	199 days	11.1%
Average length of credit granted to customers		4 days	0%	4 days	-33.3%	6 days	0 days	0%
Average length of credit obtained suppliers		103 days	-1.0%	104 days	-18.1%	127 days	51 days	102.0%
More ratios
Inventory turnover of raw materials in industrial enterprises		0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	395 days	-
Rotation tangible assets		%	-	%	-	246838.41%	648.57%	-

Profitability of the business

		31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Margin trading		55.54%	-1.3%	56.29%	-1.0%	56.85	41.50%	33.8%
Profitability of the business		14.65	-13.2%	16.87	-13.1%	19.41	4.03%	263.5%
Net profit		5.26%	-29.7%	7.48%	-19.0%	9.23%	1.87%	181.3%
More ratios
Growth rate of turnover (excluding VAT)		-0.24%	93.6%	-3.74%	-4055.6%	-0.09%	-1.57%	84.7%
Rates integration		34.07%	-4.5%	35.67%	-5.0%	37.53%	25.63%	32.9%
Rate leasing furniture		0%	0%	0%	0%	0%	0%	0%
Work Factor		50.70%	8.3%	46.82%	9.5%	42.74%	76.46%	-33.7%
Weight interests		0.44	12.8%	0.39%	200%	0.13%	0.55%	-20.0%

Return on capital

		31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Cash flow from the overall profitability		10.25%	-15.7%	12.16%	-13.5%	14.06%	3.66%	180.1%
Rates of economic profitability		68%	-19.0%	84%	-15.2%	99%	9%	655.6%
Financial profitability		99251048%	-19.4%	123138011%	-6.7%	132050262%	12717%	780359.6%
Return on investment		26.30%	-33.2%	39.36%	-17.5%	47.72%	6.19%	324.9%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/08/2013		31/08/2012		31/08/2011	Sector Median 2013
Turnover	701,527,474	-0.2%	703,195,138	-3.7%	730,552,823	282,667 €	248081.6%

Sales of goods	698,274,167	-0.2%	699,566,871	-3.8%	727,124,091
- Purchase of goods	320,594,393	18.3%	271,084,431	-19.7%	337,652,582
+/- Stock of goods variation	-11,977,815	-136.7%	32,646,727	226.3%	-25,845,240
Trading margin	389,657,589 €	-1.6%	395,835,713 €	-4.7%	415,316,749 €	111,832 €	348331.2%
	55.54 % CA	-1.3%	56.29 % CA	-1.0%	56.85 % CA	41.60 % CA	33.5%

Sale of goods produced	3,253,307	-10.3%	3,628,267	5.8%	3,428,732
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	604,880	15.7%	522,847	0%	0
Period production	3,858,187 €	-7.1%	4,151,114 €	21.1%	3,428,732 €	0 €	0%
	0.55 % CA	-6.8%	0.59 % CA	25.5%	0.47 % CA	0 % CA	0%

Trading margin	389,657,589	-1.6%	395,835,713	-4.7%	415,316,749	111,832	348331.2%
+ Period Production	3,858,187	-7.1%	4,151,114	21.1%	3,428,732	0	0%
- Purchase of raw materials	0	0%	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	154,515,576	3.6%	149,153,007	3.2%	144,591,950
Added value	239,000,200 €	-4.7%	250,833,820 €	-8.5%	274,153,531 €	73,232 €	326260.3%
	34.07 % CA	-4.5%	35.67 % CA	-5.0%	37.53 % CA	25.63 % CA	32.9%

Added value	239,000,200 €	-4.7%	250,833,820 €	-8.5%	274,153,531 €	73,232 €	326260.3%
+ Operating grants	925,421	-25.1%	1,235,567	18.8%	1,039,616
- Tax, duty and similar payments	15,965,300	-0.3%	16,011,669	-1.1%	16,193,267
- Personal charges	121,174,240	3.2%	117,444,594	0.2%	117,185,739
Gross operating surplus	102,786,081 €	-13.3%	118,613,124 €	-16.4%	141,814,141 €	10,139 €	1013669.4%
	14.65 % CA	-13.2%	16.87 % CA	-13.1%	19.41 % CA	4.03 % CA	263.5%

Gross operating surplus	102,786,081 €	-13.3%	118,613,124 €	-16.4%	141,814,141 €	10,139 €	1013669.4%
+ Release of reserves and provisions	6,544,210	-19.2%	8,095,612	-18.8%	9,965,683
+ Other operating income	253,273	125.8%	112,170	-54.9%	248,660
- Depreciation/Amortisation	32,756,103	-5.0%	34,463,045	-8.6%	37,685,327
- Other charges	7,809,192	2.8%	7,599,341	7.3%	7,082,364
Operating result	69,018,269 €	-18.6%	84,758,520 €	-21.0%	107,260,793 €	6,641 €	1039175.2%
	9.84 % CA	-18.3%	12.05 % CA	-17.9%	14.68 % CA	2.60 % CA	278.5%

Operating result	69,018,269 €	-18.6%	84,758,520 €	-21.0%	107,260,793 €	6,641 €	1039175.2%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	24,439	240.4%	7,180	-96.4%	202,188
- Financial charges	3,111,211	12.1%	2,775,231	201.8%	919,642
Pre-tax result	65,931,497 €	-19.6%	81,990,469 €	-23.0%	106,543,339 €	5,000 €	1318529.9%
	9.40 % CA	-19.4%	11.66 % CA	-20.0%	14.58 % CA	1.95 % CA	382.1%

Extraordinary income	2,996,657	-56.6%	6,911,148	-9.1%	7,607,049	0	0%
- Extraordinary charges	9,028,426	102.1%	4,466,477	-21.8%	5,708,108
Extraordinary result	-6,031,769 €	-346.7%	2,444,671 €	28.7%	1,898,941 €	0 €	0%
	-0.86 % CA	-345.7%	0.35 % CA	34.6%	0 % CA	0 % CA	0%

Pre-tax result	65,931,497 €	-19.6%	81,990,469 €	-23.0%	106,543,339 €	5,000 €	1318529.9%
Extraordinary result	-6,031,769 €	-346.7%	2,444,671 €	28.7%	1,898,941 €	0 €	0%
- Employee profit sharing	3,772,569	28.2%	2,941,722	-47.9%	5,642,473
- Tax on profits	19,209,596	-33.5%	28,893,362	-18.3%	35,362,338
Net result	36,917,563 €	-29.8%	52,600,056 €	-22.0%	67,437,469 €	5,035 €	733118.7%
	5.26 % CA	-29.7%	7.48 % CA	-19.0%	9.23 % CA	1.86 % CA	182.8%

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	05/12/2007
Status of Monitoring	No social security and tax office preferential right to date

Tax office preferential rights

Number of active preferential rights	0
Total amount	-
Due remaining amount	-
Date of last preferential right	-

Historical Data

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

40400236

28/01/2004

28/01/2008

RECEVEUSE REGIONALE DESDOUANES

1,406,438 EUR

-

Reason for closure	Void
Court	Paris
Creditor	RECEVEUSE REGIONALE DESDOUANES 18-22 RUE DE CHARONNE DNRED 75528, PARIS CEDEX 11
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

41005742

27/10/2010

21/11/2011

DIRECTION DES GRANDES ENTREPRISES

264,460 EUR

-

Reason for closure	Crossed Off
Court	Paris
Creditor	DIRECTION DES GRANDES ENTREPRISES
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

41105927

17/11/2011

14/05/2012

DIRECTION DES GRANDES ENTREPRISES

286,847 EUR

-

Reason for closure	Crossed Off
Court	Paris
Creditor	DIRECTION DES GRANDES ENTREPRISES
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

41204681

18/10/2012

06/11/2012

DIRECTION DES GRANDES ENTREPRISES

17,404 EUR

-

Reason for closure	Crossed Off
Court	Paris
Creditor	DIRECTION DES GRANDES ENTREPRISES
Debtor	SA CIE EUROPEENNE DE LA CHAUSSURE CHAUSSLAND 28 AV DE FLANDRE 75019 PARIS

Group data

Ultimate parent company	CHARTERHOUSE NOVA II SÀRL
Direct parent	VIVARTE - 99.99 %
Group – Number of companies	77
Linkages – Number of companies	2
Number of countries	3

Group Structure

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CHARTERHOUSE NOVA II SÀRL

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Company Name		SIREN	Parts			Last account published
CHARTERHOUSE NOVA II		B124319	-			31/12/2013
NOVARTEX		492273438	60%			31/08/2013
NOVARTE		443470638	100%			31/08/2013
VIVARTE		308449024	90.91%			31/08/2012
KOOKAI		399292994	100%			31/08/2013
KOOKAI LUXEMBOURG S.A.		B52114	100%			-
KOOKAI DEUTSCHLAND GMBH		HRB 52322	100%			31/08/2013
SCI LOCAFLANDRE		384765863	49%			-
SC DES DUNES		394253819	50%			31/12/2012
SC LA FRANCAISE		394253264	50%			31/12/2012
SMC SERVICES		432713063	99.76%			31/08/2013
VIVARTE MODA		775344	100%			31/08/2013
FOSCO		-	100%			-
FOSCO SAPATOS		-	100%			-
MERKAL CALZADOS		84154	100%			31/08/2013
MINELLI SA		413157306	99.99%			31/08/2013
MINELLI DEUTSCHLAND GMBH		HRB 64192	100%			31/08/2012
CREEKS INTERNATIONAL LTD		-	100%			-
VIVARTE SERVICES		413157090	99.76%			31/08/2012
SC DES SALINES		394253959	50%			31/12/2012
BESSON CHAUSSURES		304318454	99.99%			31/08/2013
LA HALLE HUNGARIA		-	100%			-
LA HALLE 1973		-	96.66%			-
LA HALLE BUDAFOK		-	96.66%			-
LA HALLE KISPEST		-	96.66%			-
LA HALLE FOT		-	96.66%	-	-	-
LA HALLE 1961		-	96.66%	-	-	-
PARTI PRIX SPORT SAS		609200977	100%			31/08/2013
SC LES BAS CHAMPS		394253710	50%			31/12/2012
PATAUGAS		439859299	99.99%			31/08/2013
ACCESSOIRE DIFFUSION		483620522	100%			31/08/2013
HALLE CESKA SRO		-	100%			-
NAF NAF		300345808	100%			31/08/2013
NAF NAF GROUP LIMITED		-	100%			-
NAF NAF BOUTIQUES LIMITED		-	100%			-
NAF NAF INTERNATIONAL B.V.		24271545	100%			31/08/2013
NAF NAF DISTRIBUTION B.V.		33243084	100%			31/08/2013
NAF NAF (DEUTSCHLAND) GMBH		HRB 7221	100%			-
NAF NAF HOLDING BV		-	100%			-
NAF NAF BOUTIQUES BV		-	100%			-
LOGISTIQUE NC SNC		389177353	100%			31/08/2013
NCK ESPAGNE S.A.		-	100%			-
NAF NAF ESPAGNE BOUTIQUE		-	99.74%			-
ETABLISSEMENTS CHARLES CHEVI...		316643170	99.84%			31/08/2013
NNCK ITALIA S.P.A.		MI1441096	99.98%			31/08/2013
NCS HELLAS SA		-	80%			-
NAF NAF BELGIQUE SA		442124515	99.60%			31/08/2007
NAF NAF BOUTIQUES BELGIQUE		-	100%			-
DAVOUTH GMBH		-	100%			-
PARC DE COQUELLES		348281965	50%			31/12/2013
LA HALLE		413151739	69.45%			31/08/2013
FINANCIERE DERBY		437667272	100%			31/08/2013
SNC FLANDRE SOISSONS		378913131	70%			31/12/2013
SAN MARINA		321875205	99.99%			31/08/2013
COSMOPARIS		352975056	99.80%			31/08/2013
SAMAP LDA	-	-	99.99%			-
SAN MARINA BELGIQUE EXPANSIO...	-	-	99.99%			-
VIVARTE MANAGEMENT SERVICES		424171759	99.76%			31/08/2013
COMPAGNIE VOSGIENNE DE LA CHAU...		662044098	99.99%			31/08/2013
CAROLL INTERNATIONAL		582001707	99.88%			31/08/2013
CAROLL IBERIA		177314	100%			31/08/2013
CAROLL PORTUGAL		-	100%			-
CAROLL INTERNATIONAL SUISSE ...		4624480	100%			-
CAROLL JAPON CO.LTD		-	64.70%			-
CREEKS FAR EAST LTD		-	100%			-
HALLE AUX CHAUSSURES		-	100%			-
ANDRÉ INTERNATIONAL BV		-	100%			-
ANDRÉ HONG KONG BUYING OFFIC...		-	100%			-
EUROPEENNE DE NEGOCE ANDRE		378700819	99.76%			31/08/2013
ANDRE SA		413156969	99.99%			31/08/2013
CIE EUROPEENNE DE LA CHAUSSURE		413156795	99.99%			31/08/2013
VIVARTE POLSKA		-	100%			-
DEFI MODE S.A.S.		440916351	100%			31/08/2013
BERYL		484190806	100%			31/08/2013
JOLICUIR		507492585	100%			31/08/2013
JOLIEMAILLE		-	100%			-
VIVARTE HOLDING SUISSE SA		142544	100%			-

Shareholders

Type of shareholder

Shareholders

Linkages

Ultimate parent company	CHARTERHOUSE NOVA II SÀRL
Direct parent	VIVARTE - 99.99 %
Group – Number of companies	77
Linkages – Number of companies	2
Number of countries	3

Company Name		SIREN	Last account	Rating	Limit	Turnover
NAF NAF BOUTIQUES		632023396	31/08/2009	NC	-	181 884 948 €
CAROLL ITALIA S.R.L.	-	MI1914236	31/08/2013	NC	-	5 301 030 €

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
19/11/2014	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1746 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Capital : 63593635 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur le capital (augmentation).
30/10/2014	JAL	Modification of the share capital
Echos (Les) / Le Publicateur Légal - La Vie Judiciaire Date de décision : 10/10/2014 La société : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE CHAUSSURES ET MAROQUINERIE, 28 AV DE FLANDRE, 75019 PARIS 19 a subi une augmentation de son capital social désormais de 63 593 635 € Date d'effet : 10/10/2014
15/08/2014	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 948 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : modification de l'Administrateur VIVARTE SERVICES représenté par , Audran Pascale nom d'usage : Abdelli Adresse : 61 rue Degeyter 93600 Aulnay sous bois. Capital : 43389551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur le représentant permanent.
06/08/2014	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1831 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : Administrateur partant : ANAIS. Capital : 43389551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
18/07/2014	JAL	Resignation / Revocation of the social representative
Echos (Les) / Le Publicateur Légal - La Vie Judiciaire Date de décision : 18/06/2014 La société 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE CHAUSSURES ET MAROQUINERIE, 28 AV DE FLANDRE, 75019 PARIS 19 Fait l'objet du départ de ANAIS
10/07/2014	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1660 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : modification de l'Administrateur VIVARTE représenté par , Trotot Pierre Adresse : 36 allée de la Gare 78110 Le Vésinet. Capital : 43389551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur le représentant permanent.
21/05/2014	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1830 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Capital : 43389551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur le capital (augmentation).
09/05/2014	JAL	Start of rent-management
Paysan Lorrain (Le) Date de décision : 07/04/2014 Bailleur : 484190806 - BERYL, BERYL, 28 AV DE FLANDRE, 75019 PARIS 19 Locataire gérant : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE CHAUSSURES ET MAROQUINERIE, 28 AV DE FLANDRE, 75019 PARIS 19 Date d’effet : 01/03/2014
29/04/2014	JAL	Modification of the share capital
Echos (Les) / Le Publicateur Légal - La Vie Judiciaire Date de décision : 15/04/2014 La société : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE CHAUSSURES ET MAROQUINERIE, 28 AV DE FLANDRE, 75019 PARIS 19 a subi une augmentation de son capital social désormais de 43 389 551 € Date d'effet : 15/04/2014
17/04/2014	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 864 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : modification de l'Administrateur ANAIS représenté par , Hauw Mathieu Adresse : 7 rue Montauban 75015 Paris. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur le représentant permanent.
20/01/2014	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7010 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Adresse : 28 avenue de Flandre 75019 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2012.
20/01/2014	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7011 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Adresse : 28 avenue de Flandre 75019 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2013.
17/12/2013	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1336 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : modification de l'Administrateur VIVARTE SERVICES représenté par , Vassoille Jocelyne Adresse : 145 rue de la Pompe 75116 Paris. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur le représentant permanent.
29/10/2013	JAL	Start of rent-management
Affiches d'Alsace et de Lorraine (Les Affiches - Le Moniteur) Date de décision : 05/09/2013 Bailleur : 484190806 - BERYL, BONUS, 43 RUE ST JEAN, 54000 NANCY Locataire gérant : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Date d’effet : 01/09/2013 pour une durée de 2 mois
22/03/2013	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1726 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : modification de l'Administrateur VIVARTE SERVICES représenté par , Nicolle Chalot Bruno Adresse : 7 bis impasse de la Côte 95680 Montlignon. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur le représentant permanent.
18/03/2013	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 10421 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Adresse : 28 avenue de Flandre 75019 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2011.
08/03/2013	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1353 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : nomination du Directeur général délégué : Merlet, Franck. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
16/02/2013	JAL	Appointment of the social representative
Affiches parisiennes (Les) Date de décision : 08/02/2013 Société faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Nominé : Monsieur Franck MERLET, 43390 ST HILAIRE
06/02/2013	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 2290 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : Administrateur partant : Buffard, Claude, nomination de l'Administrateur : ANAIS représenté par du Temple de Rougemont Albéric Adresse : 5 rue Mesnil 75116 Paris. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration et le représentant permanent.
08/01/2013	JAL	Appointment of the social representative
Affiches parisiennes (Les) Date de décision : 21/12/2012 Société faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Nominé : 382481984 - ANAIS, 27 QUAI DE LA SEINE, 27-29, 75019 PARIS 19 En la fonction de : Administrateur
08/01/2013	JAL	Resignation / Revocation of the social representative
Affiches parisiennes (Les) Date de décision : 21/12/2012 La société 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Fait l'objet du départ de Monsieur Claude BUFFARD
23/04/2012	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 10835 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Adresse : 28 avenue de Flandre 75019 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2010.
28/02/2012	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1356 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : Commissaire aux comptes titulaire partant : CONSTANTIN ASSOCIES, nomination du Commissaire aux comptes titulaire : DELOITTE ET ASSOCIES, Commissaire aux comptes suppléant partant : Bonhomme, Michel, nomination du Commissaire aux comptes suppléant : beas. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
16/02/2012	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1151 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : nomination du Président du conseil d'administration et Directeur général : Teti, Nicola, Administrateur partant : EUROPEENNE DE NEGOCE ANDRE OU E.N.A représentée par FRERET JEAN-PAUL FERDINAND, modification de l'Administrateur Buffard, Claude. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
24/01/2012	JAL	Appointment of the social representative
Affiches parisiennes (Les) Date de décision : 04/01/2012 Société faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Nominé : Monsieur Nicola TETI, 75019 PARIS 19 En la fonction de : Président du Conseil d'Administration Nominé : Monsieur Nicola TETI, 75019 PARIS 19 En la fonction de : Administrateur Nominé : Monsieur Nicola TETI, 75019 PARIS 19 En la fonction de : Directeur général
24/01/2012	JAL	Resignation / Revocation of the social representative
Affiches parisiennes (Les) Date de décision : 04/01/2012 La société 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, STOCK CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Fait l'objet du départ de Monsieur Claude BUFFARD, De EUROPEENNE DE NEGOCE ANDRE, De Monsieur Claude BUFFARD
26/06/2011	Bodacc A	Vente et cession : Acheteur
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1464 - 413 156 795 RCS Nanterre. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Capital : 40589551 EUR. Adresse : 28 avenue de Flandre, 75019 Paris. Origine du fonds : Achat de droit au bail au prix stipulé de 330000 Euros. Etablissement : Etablissement principal. Activité : le droit au bail de locaux. Adresse : 45 Grande Rue Charles de Gaulle, 92600 Asnières-sur-Seine. Précédent propriétaire : FIRST LADY ASNIERES. 493 024 095 RCS Nanterre. Date de commencement de l’activité : 01/06/2011. Publication légale : Le Journal Spécial des Sociétés Françaises par Action du 11/06/2011. Oppositions : Etude de Me BONN Nadine - 10 rue de la Station - 92600 Asnières pour la validité et pour la correspondance. Descriptif : . Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
12/01/2011	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 3051 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : nomination de l'Administrateur : VIVARTE SERVICES représentée par NOUVION, Christian, Adresse : Cours de l'Ours 95 rue du fg Saint Antoine 75011 Paris. Capital : 40589551 EUR. Activité : . Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
17/12/2010	JAL	Appointment of the social representative
Affiches parisiennes (Les) Société faisant l'objet d'une nomination : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE AUX CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Nominé : En la fonction de : Administrateur Date d'effet : 15/11/2010
30/11/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 8654 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Adresse : 28 AV DE FLANDRE 75019 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2009.
15/08/2010	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1082 - 413 156 795 RCS Paris. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Administration : Administrateur partant : FINANCIERE AGORA (SA) représentée par NOUVION CHRISTIAN MARIE BENOIT FELIX, Adresse : Demeurant : 28 avenue de Flandre 75019 Paris. Capital : 40589551 EUR. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Commentaires : modification survenue sur l'administration.
13/08/2010	JAL	Activity or goodwill cession
LA REPUBLIQUE DU CENTRE Date de décision : 20/07/2010 Fond cédé : 702013921 - PIER IMPORT EUROPE, PIER IMPORT, 88 RUE THOMAS EDISON, LES CENTS ARPENTS NORD.925, 45770 SARAN Cédant : 702013921 - PIER IMPORT EUROPE, 138 ALL DES ERABLES, ZAC PARIS NORD II, 93420 VILLEPINTE Cessionnaire : 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE AUX CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Prix de vente : 100000 €
09/07/2010	JAL	Resignation / Revocation of the social representative
AFFICHES PARISIENNES ET DEPARTEMENTALES Date de décision : 24/06/2010 La société 413156795 - CIE EUROPEENNE DE LA CHAUSSURE, LA HALLE AUX CHAUSSURES, 28 AV DE FLANDRE, 75019 PARIS 19 Fait l'objet du départ de La société FINANCIERE AGORA
21/12/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6883 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Adresse : 28 AV DE FLANDRE 75019 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2008.
10/12/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6666 - 413156795 RCS. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : Société anonyme. Adresse : 28 avenue de Flandre 75019 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/08/2007.
15/12/2007	Bodacc C	Avis de dépôt des comptes
5894 - 413 156 795. RCS Paris COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme: Société anonyme. Adresse du siège social: 28 avenue de Flandre 75019 Paris. Comptes annuels et rapports de l'exercice clos le: 31 août 2006.
25/11/2007	Bodacc A	Vente et cession
975 - RCS B 413 156 795. RC 98-B 1773. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - Activité : vente au détail de chaussures, d'articles chaussants, de bonneterie et de maroquinerie. Adresse : 36 rue de la République et 2 rue Fontaine, 93200 Saint-Denis. Etablissement secondaire acquis par achat au prix stipulé de 400 000 euros. Date de début d'activité : 25 août 2007. Précédent propriétaire : MULTICHAUSS. RCS 339 895 781. Publication légale : Echo de l'Ile-de-France du 13 juillet 2006. Oppositions : au fonds, 36 rue de la République et 2 rue Fontaine, 93200 Saint-Denis, pour la validité et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
20/04/2007	Bodacc A	Vente et cession
0476 - RCS B 413 156 795. RC 00-B 275. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Nom commercial : C.E.C. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - Activité : vente au détail de chaussures, d'articles chaussants, de bonneterie et de maroquinerie. Adresse : lotissement La Grivonnière, 53000 Laval. Etablissement complémentaire : Adresse : avenue du Maréchal-de-Lattre-de-Tassigny, 53000 Laval. Fonds dépendant de l'établissement complémentaire, acquis par achat au prix stipulé de 70 000 euros. Date de début d'activité : 10 juillet 2000. Date d'effet : 27 septembre 2006. Précédent proprietaire : S.A.S. MULTICHAUSS. RCS 339 895 781. Publication légale : Ouest France du 22 avril 2006. Oppositions : au fonds, pour la validité et Me Devaux (Laurent), avocat, 113 rue de Courcelles, 75017 Paris, pour la correspondance.
04/04/2007	Bodacc A	Vente et cession
1488 - RCS B 413 156 795. RC 98-B 1181. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - Activité : vente au détail de chaussures, d'articles chaussants, de bonneterie et de maroquinerie. Adresse : 19-25 rue de la Basse-Quinte, 94000 Créteil. Etablissement secondaire acquis par achat au prix stipulé de 140 000 euros. Date de début d'activité : 24 novembre 2006. Précédent propriétaire : MULTICHAUSS. RCS 339 895 781. Publication légale : Les Annonces de la Seine du 24 avril 2006. Oppositions : au fonds, pour la validité et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
30/03/2007	Bodacc C	Avis de dépôt des comptes
7469 - RCS Paris B 413 156 795. RC 97-B 11096. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme: S.A. Adresse du siège social: 28, avenue de Flandre,Paris, 75019 Paris. Comptes annuels et rapports de l'exercice clos le: 31 août 2005.
17/12/2006	Bodacc A	Vente et cession
0768 - RCS Lyon B 413 156 795. RC 98-B 1191. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Adresse du siège social : 28, avenue de Flandre, 75019 Paris. Etablissement complémentaire : Activité : vente de chaussures et articles connexes. Adresse : 32/34, rue Michel Servet, 69100 Villeurbanne. Etablissement complémentaire acquis par achat au prix stipulé de 268 909 euros . Date d'effet : 31 juillet 2006. Précédent propriétaire : ANDRE SA. RCS 413 156 969. Publication légale : Tout Lyon du 11 novembre 2006 et du 2 décembre 2006 . Oppositions : Validité au fonds et correspondance, étude de Me Jean François VIAL, 180 cours Emile Zola, 69100 Villeurbanne .
30/07/2006	Bodacc A	Vente et cession
1099 - RCS Paris B 413 156 795. RC 06-B 755. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - Activité : vente de chaussures, bonneterie, maroquinerie et produits d'entretien. Adresse : 35 boulevard de Belleville, 75011 Paris. Etablissement principal acquis par cession au prix stipulé de 500 000 euros. Date d'effet : 6 juillet 2006. Précédent propriétaire : MULTICHAUSS. RCS 339 895 781. Publication légale : Le Publicateur légal du 19 juillet 2006. Oppositions : au fonds, pour la validité et Me Devaux (Laurent), avocat, 113 rue de Courcelles, 75017 Paris, pour la correspondance.
26/07/2006	Bodacc A	Vente et cession
2025 - RCS B 413 156 795. RC AP-B 41179. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - Activité : vente de chaussures, de bonneterie, de maroquinerie et de produits d'entretien. Adresse : 2 rue Fontaine, 36 rue de la République, 93200 Saint-Denis. Etablissement principal acquis par achat au prix stipulé de 400 000 euros. Date d'effet : 30 juin 2006. Précédent propriétaire : MULTICHAUSS S.A. RCS 339 895 781. Publication légale : L'Echo de l'Ile-de-France du 13 juillet 2006. Oppositions : au fonds, pour la validité et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
09/07/2006	Bodacc A	Vente et cession
1967 - RCS B 413 156 795. RC AP-B 40990. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - Activité : vente de chaussures. Adresse : espace Pompadour, zone de la Basse-Quinte, 19-25 rue de la Basse-Quinte, 94000 Créteil. Etablissement principal acquis par achat au prix stipulé de 140 000 euros. Date d'effet : 1er avril 2006. Précédent propriétaire : MULTICHAUSS. RCS 339 895 781. Publication légale : Les Annonces de la Seine du 25 avril 2006. Oppositions : au fonds, pour la validité et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
16/06/2006	Bodacc A	Vente et cession
1455 - RCS Paris B 413 156 795. COMPAGNIE EUROPENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Nom commercial : C.E.C. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement secondaire - Activité : vente de chaussures, d'articles de bonneterie et de maroquinerie. Adresse : Z.A.C. Aux Cloyes, 2 rue de Froideterre, 70200 Lure. Etablissement secondaire acquis par achat au prix stipulé de 25 000 euros. Date de début d'activité : 1er mai 2006. Précédent propriétaire exploitant : MULTICHAUSS S.A. RCS Créteil 339 895 781. Publication légale : Les Affiches de la Haute-Saône du 26 mai 2006. Oppositions : au fonds et Me Devaux (Laurent), 113 rue de Courcelles, 75017 Paris, pour la correspondance.
28/05/2006	Bodacc A	Vente et cession
0925 - RCS Paris 413 156 795. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siège social : 28 avenue de Flandre, 75949 Paris Cedex 19. Etablissement secondaire - Activité : vente de chaussures, de bonneterie, de maroquinerie et de produits d'entretien. Adresse : zone de Grivonnière, avenue De Lattre-de-Tassigny, 53000 Laval. Etablissement secondaire acquis par achat au prix stipulé de 70 000 euros. Date de début d'activité : 1er avril 2006. Précédent propriétaire : MULTICHAUSS. RCS Créteil 339 895 781. Publication légale : Ouest France du 22 avril 2006. Oppositions : au fonds pour la validité et Me Devaux (Laurent), avocat, 113 rue de Courcelles, 75017 Paris, pour la correspondance.
12/06/2005	Bodacc A	Vente et cession
1086 - RCS B 413 156 795. RC AP-B 40638. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme : S.A. Capital : 40 589 551 euros. Adresse du siège social : 28 avenue de Flandre, 75019 Paris. Etablissement principal - Activité : vente d'équipements de la personne. Adresse : centre commercial Espace, 222 avenue Raoult, R.D. 43, 78130 Les Mureaux. Etablissement principal acquis par achat au prix stipulé de 29 000 euros. Date d'effet : 31 mars 2005. Précédent propriétaire : BESSON CHAUSSURES. RCS 304 318 454. Publication légale : Les Petites affiches de Seine-et-Oise du 24 mai 2005. Oppositions : au fonds pour la validité et Me Conil, 33 rue Aristide-Briand, 78130 Les Mureaux, pour la correspondance.
18/03/2005	Bodacc C	Avis de dépôt des comptes
3710 - RCS Paris B 413 156 795. RC 97-B 11096. COMPAGNIE EUROPEENNE DE LA CHAUSSURE. Forme: S.A. Adresse du siège social: 28, avenue de Flandre,75019 Paris. Comptes annuels et rapports de l'exercice clos le: 31 août 2004.

Company events history

Date	Description
19/11/2014	Bodacc B: Various editing or changing
04/11/2014	Capital increase
04/11/2014	Updated articles of association
04/11/2014	Minutes of general meeting of shareholders
04/11/2014	Fund deposit certificate
10/10/2014	Legal Gazette: Modification of the share capital
06/10/2014	Payment incident closed
15/08/2014	Bodacc B: Various editing or changing
06/08/2014	Bodacc B: Various editing or changing
30/07/2014	Appointment/resignation of company officers
22/07/2014	Amendment
22/07/2014	Changes to the Board of Directors
18/07/2014	Legal Gazette: Resignation / Revocation of the social representative
10/07/2014	Bodacc B: Various editing or changing
25/06/2014	Amendment
25/06/2014	Appointment/resignation of company officers
21/05/2014	Bodacc B: Various editing or changing
06/05/2014	Updated articles of association
06/05/2014	Capital increase
06/05/2014	Fund deposit certificate
06/05/2014	Minutes of general meeting of shareholders
17/04/2014	Bodacc B: Various editing or changing
15/04/2014	Legal Gazette: Modification of the share capital
15/04/2014	Other modification of Establishment
15/04/2014	Update of Company Workforce
07/04/2014	Legal Gazette: Start of rent-management
02/04/2014	Amendment
02/04/2014	Appointment/resignation of company officers
20/01/2014	Bodacc C : Deposit accounts notice
27/12/2013	Update Rating
27/12/2013	Update Limit
27/12/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
17/12/2013	Update Limit
17/12/2013	Update Rating
17/12/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
17/12/2013	Bodacc B: Various editing or changing
02/12/2013	Appointment/resignation of company officers
02/12/2013	Amendment
24/09/2013	Modification to Establishment Address or Identifier
05/09/2013	Legal Gazette: Start of rent-management
31/08/2013	New accounts available
24/05/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
22/03/2013	Bodacc B: Various editing or changing
18/03/2013	Bodacc C : Deposit accounts notice
08/03/2013	Bodacc B: Various editing or changing
07/03/2013	Amendment
07/03/2013	Appointment/resignation of company officers
21/02/2013	Amendment
21/02/2013	Changes to the Board of Directors
08/02/2013	Legal Gazette: Appointment of the social representative
06/02/2013	Bodacc B: Various editing or changing
22/01/2013	Amendment
22/01/2013	Appointment/resignation of company officers
22/01/2013	Changes to the Board of Directors
08/01/2013	Legal Gazette: Resignation / Revocation of the social representative
21/12/2012	Legal Gazette: Appointment of the social representative
18/10/2012	Unfiling of a Tax Office preferential right
18/10/2012	New Filling of Tax Office preferential right
31/08/2012	New accounts available
04/05/2012	Payment incident closed
23/04/2012	Appointment/resignation of company officers
23/04/2012	Bodacc C : Deposit accounts notice
28/03/2012	Other modification of Establishment
28/03/2012	Formation of Establishment
28/03/2012	Update of Company Workforce
23/03/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
16/03/2012	Payment incident detected
28/02/2012	Bodacc B: Various editing or changing
16/02/2012	Bodacc B: Various editing or changing
10/02/2012	Amendment
10/02/2012	New auditor
01/02/2012	Amendment
01/02/2012	New chairman (CEO, CoB)
01/02/2012	Changes to the Board of Directors
24/01/2012	Legal Gazette: Resignation / Revocation of the social representative
04/01/2012	Legal Gazette: Appointment of the social representative
21/12/2011	Payment incident detected
17/11/2011	New Filling of Tax Office preferential right
17/11/2011	Unfiling of a Tax Office preferential right
02/09/2011	New ultimate parent
31/08/2011	New accounts available
08/08/2011	Updated articles of association
08/08/2011	Statuts mis à jour
08/08/2011	Minutes of general meeting of shareholders
08/08/2011	PV d'Assemblée
26/06/2011	Bodacc A : Sale and transfer
21/01/2011	New ultimate parent
12/01/2011	Bodacc B: Various editing or changing
28/12/2010	Appointment/resignation of company officers
28/12/2010	Amendment
28/12/2010	Acte modificatif
28/12/2010	Nomination/démission des organes de gestion
30/11/2010	Bodacc C : Deposit accounts notice
22/11/2010	Modification to Establishment Address or Identifier
15/11/2010	Legal Gazette: Appointment of the social representative
27/10/2010	Unfiling of a Tax Office preferential right
31/08/2010	New accounts available
25/08/2010	Payment incident closed
15/08/2010	Bodacc B: Various editing or changing
29/07/2010	Amendment
29/07/2010	Acte modificatif
29/07/2010	Minutes of Board meeting
29/07/2010	Changes to the Board of Directors
29/07/2010	Modification du Conseil d'Administration
20/07/2010	Legal Gazette: Activity or goodwill cession
09/07/2010	Legal Gazette: Resignation / Revocation of the social representative
21/06/2010	Payment incident detected
21/12/2009	Bodacc C : Deposit accounts notice
14/10/2009	Closure of Establishment
01/09/2009	Update of Company Workforce
01/09/2009	Transfer of Establishment
31/08/2009	New accounts available
19/08/2009	Formation of Establishment
29/04/2009	Formation of Establishment
18/03/2009	Formation of Establishment
10/12/2008	Bodacc C : Deposit accounts notice
31/08/2008	New accounts available
28/01/2008	A Tax Office Preferential right lapsed
06/12/2007	Filling of Tax Office Preferential Right
05/12/2007	Collection of preferential rights activated for this company
31/08/2007	New accounts available
27/06/2007	Closure of Establishment
01/06/2007	Acte modificatif
29/05/2007	Preferential right lapsed
26/03/2007	Modification to Establishment Address or Identifier
09/11/2006	Transfer of Establishment
31/08/2006	New accounts available
28/07/2006	Unfiling of preferential right
31/08/2005	New accounts available
31/08/2004	New accounts available
18/05/2004	Acte sous seing privé
18/05/2004	Acte modificatif
18/05/2004	Nomination/démission des organes de gestion
01/03/2004	Acte modificatif
01/03/2004	PV du Conseil d'Administration
01/03/2004	Acte sous seing privé
01/03/2004	Modification du Conseil d'Administration
11/02/2004	Acte sous seing privé
11/02/2004	PV d'Assemblée
11/02/2004	Acte modificatif
11/02/2004	Statuts mis à jour
28/01/2004	New Filling of Tax Office preferential right
06/11/2003	Acte sous seing privé
06/11/2003	Acte modificatif
06/11/2003	Nomination/démission des organes de gestion
11/09/2003	Acte modificatif
11/09/2003	Acte sous seing privé
11/09/2003	Nomination/démission des organes de gestion
31/08/2003	New accounts available
25/07/2003	Nomination/démission des organes de gestion
25/07/2003	Acte modificatif
25/07/2003	Acte sous seing privé
06/05/2003	Acte sous seing privé
06/05/2003	Changement de Commissaire aux Comptes
06/05/2003	Nomination/démission des organes de gestion
06/05/2003	PV d'Assemblée
31/03/2003	Acte sous seing privé
31/03/2003	Acte modificatif
31/03/2003	Nomination/démission des organes de gestion
06/03/2001	Statuts mis à jour
06/03/2001	PV d'Assemblée
06/03/2001	Nomination/démission des organes de gestion
06/03/2001	Changement de Commissaire aux Comptes
06/03/2001	Conversion du Capital Social en Euros
06/03/2001	Acte sous seing privé
18/10/2000	Acte sous seing privé
18/10/2000	Nomination/démission des organes de gestion
15/09/2000	Changement de Président (PDG, PCA)
15/09/2000	Nomination/démission des organes de gestion
15/09/2000	Acte modificatif
15/09/2000	Acte sous seing privé
15/09/2000	Modification du Conseil d'Administration
15/09/2000	Changement de Commissaire aux Comptes
15/09/2000	PV d'Assemblée
15/09/2000	PV du Conseil d'Administration
18/09/1998	Modification du Conseil d'Administration
18/09/1998	PV du Conseil d'Administration
18/09/1998	Nomination/démission des organes de gestion
18/09/1998	Acte modificatif
18/09/1998	Acte sous seing privé
09/03/1998	Augmentation de Capital
09/03/1998	Acte modificatif
09/03/1998	Statuts mis à jour
09/03/1998	PV du Conseil d'Administration
09/03/1998	PV d'Assemblée
09/03/1998	Déclaration de conformité
09/03/1998	Acte sous seing privé
04/03/1998	Statuts mis à jour
04/03/1998	Acte modificatif
04/03/1998	Acte sous seing privé
04/03/1998	PV d'Assemblée
04/03/1998	Augmentation de Capital
19/02/1998	Acte sous seing privé
19/02/1998	Rapport des Commissaires ou du Gérant
03/02/1998	Acte sous seing privé
03/02/1998	Rapport des Commissaires ou du Gérant
30/01/1998	Acte sous seing privé
30/01/1998	Acte modificatif
30/01/1998	Apport Partiel
31/12/1997	Acte sous seing privé
31/12/1997	Requête et Ordonnance
26/11/1997	Requête et Ordonnance
26/11/1997	Acte sous seing privé
18/11/1997	Statuts mis à jour
18/11/1997	Acte sous seing privé
18/11/1997	Changement de date de clôture
18/11/1997	PV d'Assemblée
06/08/1997	Certificat de dépôt des fonds
06/08/1997	Acte sous seing privé
06/08/1997	Formation de Société
06/08/1997	Statuts
06/08/1997	PV du Conseil d'Administration
06/08/1997	PV d'Assemblée
06/08/1997	Acte modificatif
06/08/1997	Nomination/démission des organes de gestion
06/08/1997	Modification du Conseil d'Administration

Shareholder(s)

Name	VIVARTE SERVICES
Name of representative	Mme AUDRAN PASCALE
Manager position	Administrator	Date of birth	09/07/1972
Place of birth	SAINT-MAURICE 94410
Type	Moral person	Name at birth

Name	VIVARTE
Name of representative	M TROTOT PIERRE
Manager position	Administrator	Date of birth	09/02/1954
Place of birth	CHOISY-LE-ROI 94600
Type	Moral person	Name at birth

Name	M. TETI NICOLA
Manager position	Chairman of the Board, Managing director	Date of birth	23/09/1955
Place of birth	TORRICELLA PELIGNA(ITALIE)
Type	Individual	Name at birth

Name	M. MERLET FRANCK
Manager position	Delegated managing director	Date of birth	01/12/1967
Place of birth	SAINT-GERMAIN-EN-LAYE (78100)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Administrator	ANAIS	10/27/1966 - CLICHY 92110
Administrator	ANAIS	2/2/1963 - MALO-LES-BAINS 59240
Administrator	EUROPEENNE DE NEGOCE ANDRE OU E.N.A	- - -
Administrator	EUROPEENNE DE NEGOCE ANDRE OU E.N.A	10/25/1963 - PERPIGNAN 66000
Administrator	EUROPEENNE DE NEGOCE ANDRE OU E.N.A	10/25/1963 - PERPIGNAN 66000
Administrator	FINANCIERE AGORA (SA)	- - -
Administrator	VIVARTE	- - -
Administrator	VIVARTE SERVICES	6/3/1962 - PARIS 75016
Administrator	VIVARTE SERVICES	3/15/1954 - LOEUILLEY 70100
Administrator	VIVARTE SERVICES	6/29/1965 - FEURS 42110
Administrator	VIVARTE	1/30/1954 - BOURGES 18000
Administrator	VIVARTE	1/30/1954 - BOURGES 18000
Administrator	VIVARTE	8/1/1967 - BORDEAUX 33000
Administrator	VIVARTE SERVICES	3/15/1954 - LOEUILLEY 70100

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.07
UK Pound	1	Rs.98.73
Euro	1	Rs.77.46

INFORMATION DETAILS

Analysis Done by :	SUB
Report Prepared by :	NIS

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.