MIRA INFORM REPORT

Report Date :

30.12.2014

IDENTIFICATION DETAILS

Name :	KEM ONE

Registered Office :	Immeuble Le Quadrille, 19 RUE Jacqueline Auriol 69008, Lyon

Country :	France

Date of Incorporation :	December, 2011

Com. Reg. No.:	1 538 695 040

Legal Form :	Simplified Joint Stock Company with Single Associate

Line of Business :	Manufacture of Plastics.

No. of Employees :	1000 to 1999 Employees

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security

Status :	Moderate

Payment Behaviour :	Slow

Litigation :	--

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

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

KEM ONE

company summary

Activity (APE)	Manufacture of plastics (2016Z)	EUR VAT Number	FR45538695040
Phone		Legal form	Simplified Joint Stock Company with Single Associate
Fax		RCS Registration	RCS Lyon 1 538 695 040
Address	KEM ONE IMMEUBLE LE QUADRILLE 19 RUE JACQUELINE AURIOL 69008 LYON FRANCE	Share capital	98,025,001 Euros
Nationality	France	Incorporated Date	12/2011
		Status	Economically active

Payment Information Summary - Trade Payment Data
Total number of Invoices available	3
Total number of Invoices paid within or up to 30 days after the due date	0
Total number of Invoices paid more than 30 days after the due date	1
Total number of Invoices currently outstanding where the due date has not yet been reached	2
Total number of Invoices currently outstanding beyond the due date	0

Last published Judgment	23/01/2014
Last published preferential right	This company is not under monitoring
Collection of preferential rights for this company has been stopped by the Court

Ultimate Holding Company
Company Name			Company number
K1 GROUP SAS			799221957

Current Directors

Trading to Date	12/31/2013	12/31/2012
Turnover	828,210,542 €	451,076,417 €
Gross Operating Surplus	-10.87 % Turnover	-12.69 % Turnover
Shareholders’ equity	-88,606,300 €	6,145,062 €
Net result	-94,751,362 €	-346,321,700 €
Employees	1 000 to 1 999 employees	-

company details


Activity (APE)	Manufacture of plastics (2016Z)
RCS Registration	RCS Lyon 1 538 695 040	Share capital	98,025,001 Euros
Registration Court	Lyon (69)	Legal form	Simplified Joint Stock Company with Single Associate
Court Registry Number	20 1 2B04248	EUR VAT Number	FR45538695040
Incorporation Date	12/2011	Formation Date	12/2011
Deregistration Date		Last account Date	31/12/2013
Nationality	France

Ultimate Parent

1 ultimate parent company for this company
> K1 GROUP SAS - Activités des sociétés holding (6420Z) in PARIS 8 (75008)

Establishment details

Activity (APE)	Manufacture of plastics (2016Z)	Business Pages FT®
Postal Address	KEM ONE IMMEUBLE LE QUADRILLE 19 RUE JACQUELINE AURIOL 69008 LYON FRANCE	Trading Address	19 RUE JACQUELINE AURIOL 69008 LYON 8EME
Telephone	--
Fax	--

Type	Head office	Status	Economically active
Formation Date	07/2014	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department	Rhône (69)	Region	Rhône-Alpes
District	1	Area	99
City	LYON 8EME	Size of urban area	Urban unit with 200 000 to 1 999 999 inhabitants

Other establishments

Branches	--
Head office	> KEM ONE <<< - Fabrication de matières plastiques de base (2016Z) in LYON 8EME (69008)

Secondary establishments	> KEM ONE - Fabrication de matières plastiques de base (2016Z) in FOS SUR MER (13270) > KEM ONE - Fabrication de matières plastiques de base (2016Z) in AIX EN PROVENCE (13290) > KEM ONE - Fabrication de matières plastiques de base (2016Z) in CHATEAU ARNOUX SAINT AUBAN (04600) > KEM ONE - Fabrication de matières plastiques de base (2016Z) in SAINT FONS (69190)

Regionality	Legal unit with multiple establishments in many areas having at least 50% of workforce in same area

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

50 to 99 employees

Company workforce

1 000 to 1 999 employees

accounts

Active Account | Passive Account | Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2013	31/12/2012
Account period (month)	12	12
Account Type	Normal	Normal
Date of capture	23/07/2014	17/01/2014
Activity Code	2016Z	2016Z
Employees	0	1352	-

Active account

Annual Accounts	31/12/2013		31/12/2012	Sector Median 2013
Capital not called	0	0%	0	0	0%
Total fixed assets	28,901,476	-22.5%	37,306,407	889,538	3149.0%
- Intangible assets	0	0%	942,618	10,025	0%
- Tangible assets	0	0%	0	570,380	0%
- Financial assets	28,901,472	-20.5%	36,363,786	10,013.50	288525.1%
Net current assets	336,108,422	6.6%	315,164,574	3,193,531	10424.7%
- Stocks	80,650,909	2.3%	78,801,323	543,036.50	14751.8%
- Advanced payments	57,194,895	6.6%	4,957,087	0	0%
- Receivables	196,655,161	-15.0%	231,406,093	1,968,081	9892.2%
- Securities and cash	1,607,454	2363802.9%	68	115,071.50	1296.9%
- Prepaid expenses	-	-	-	26	-
Accounts of regularization	277,514	-20.7%	349,914	0	0%
Total Assets	365,287,413	3.5%	352,820,896	4,586,856	7863.8%

Passive Account

Annual Accounts	31/12/2013		31/12/2012	Sector Median 2013
Shareholders' equity	-88,606,300	-1541.9%	6,145,062	1,223,561	-7341.7%
Share capital	88,025,001	0%	88,025,001	767,875	11363.5%
Other capital resources	0	0%	0	0	0%
Risk Provisions	53,268,123	8.8%	48,954,595	32,955	161539.0%
Liabilities	400,532,899	34.5%	297,693,040	2,167,184	18381.7%
- Financial liabilities	235,664	-94.9%	4,655,620	131,766	78.9%
- Advanced payments received	2,577,374	-80.0%	12,860,280	0	0%
- Trade account payables	96,829,234	-57.8%	229,514,816	970,632.50	9875.9%
- Tax and social liabilities	50,222,408	103.1%	24,722,390	392,815	12685.3%
- Other debts and fixed assets liabilities	250,760,904	865.6%	25,968,131	28,309.50	885683.6%
Account regularization	0	0%	0	0	0%
Total liabilities	365,287,411	3.5%	352,820,896	4,586,856	7863.8%

Results

Annual Accounts	31/12/2013		31/12/2012	Sector Median 2013
Sales of Goods	887,157,959	87.1%	474,262,223	8,758,514	10029.1%
Net turnover	828,210,542	83.6%	451,076,417	8,637,892	9488.1%
- of which net export turnover	613,629,841	116.3%	283,753,342	242,792.50	252638.4%
Operating charges	1,003,476,142	22.6%	818,785,481	8,820,507.50	11276.6%
Operating profit/loss	-116,318,183	66.2%	-344,523,258	88,759.50	-131148.7%
Financial income	3,480,711	31.2%	2,652,874	5,225.50	66510.1%
Financial charges	9,142,138	85.7%	4,924,254	18,204	50120.5%
Financial profit/loss	-5,661,427	-149.3%	-2,271,380	-4,043.50	-139913.0%
Pretax net operating income	-121,979,610	64.8%	-346,794,638	73,290	-166534.2%
Extraordinary income	25,289,153	1290162.9%	1,960	21,586.50	117052.6%
Extraordinary charges	106,500	-62.0%	280,074	34,965.50	204.6%
Extraordinary profit/loss	25,182,653	9154.8%	-278,113	0	0%
Net result	-94,751,362	72.6%	-346,321,700	81,657.50	-116135.1%

Display parameter
Currency	Euro	Kilo Euro

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

Accounts - Active
Current Assets | Equalization accounts | Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Grand Total (I to VI)	Net	365,287,413	3.5%	352,820,896
	Gross	CO	673,100,307	4.2%	645,716,532
	Amortisation	1A	307,812,893	5.1%	292,895,636

Non declared distributed capital (I)

		31/12/2013		31/12/2012
Non declared distributed capital (I)	AA3	0	0%	0
Gross	AA	0	0%	0

Active fixed asset (II)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total Active fixed asset (II)	Net	28,901,476	-22.5%	37,306,407
	Gross	BJ	298,419,194	1.8%	293,183,832
	Amortisation	BK	269,517,718	5.3%	255,877,425

Intangilble fixed assets

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Start-up cost	Net	0	0%	0
	Gross	AB	0	0%	0
	Amortisation	AC	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	R & D expenses	Net	0	0%	0
	Gross	CX	0	0%	0
	Amortisation	AE	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Distributorships, patents	Net	0	0%	942,618
	Gross	AF	942,618	-45.1%	1,716,653
	Amortisation	AG	942,618	21.8%	774,035
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Goodwill	Net	0	0%	0
	Gross	AH	2,475,000	0%	2,475,000
	Amortisation	AI	2,475,000	0%	2,475,000
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other intangible fixed assets	Net	0	0%	0
	Gross	AJ	34,143,567	-0.4%	34,265,025
	Amortisation	AK	34,143,567	-0.4%	34,265,025
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Pre-payments and downpayments	Net	0	0%	0
	Gross	AL	0	0%	0
	Amortisation	AM	0	0%	0
Sub Total Intangible Assets		Net	0	0%	942,618

Tangilble fixed assets

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Lands	Net	0	0%	0
	Gross	AN	8,450,181	0.1%	8,439,081
	Amortisation	AO	8,450,181	0.1%	8,439,081
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Buildings	Net	0	0%	0
	Gross	AP	37,905,808	8.2%	35,029,716
	Amortisation	AQ	37,905,808	8.2%	35,029,716
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Plant	Net	0	0%	0
	Gross	AR	164,709,967	13.2%	145,479,237
	Amortisation	AS	164,709,967	13.2%	145,479,237
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other tangible fixed assets	Net	0	0%	0
	Gross	AT	546,871	1.6%	538,514
	Amortisation	AU	546,871	1.6%	538,514
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Fixed assets in construction	Net	0	0%	0
	Gross	AV	13,598,706	-38.6%	22,131,817
	Amortisation	AW	13,598,706	-38.6%	22,131,817
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Advances and payments on account	Net	0	0%	0
	Gross	AX	6,745,000	0%	6,745,000
	Amortisation	AY	6,745,000	0%	6,745,000
	Sub Total Tangible asset	Net	0		0

Financial assets

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Associates at equity	Net	0	0%	0
	Gross	CS	0	0%	0
	Amortisation	CT	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other participations	Net	13,000	0%	13,000
	Gross	CU	13,000	0%	13,000
	Amortisation	CV	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Inter-company receivables	Net	5,798,252	-49.2%	11,416,000
	Gross	BB	5,798,252	-49.2%	11,416,000
	Amortisation	BC	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other investment securities	Net	0	0%	0
	Gross	BD	0	0%	0
	Amortisation	BE	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Loans	Net	15,950,448	-3.4%	16,516,359
	Gross	BF	15,950,448	0%	16,516,359
	Amortisation	BG	0		0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other financial assets	Net	7,139,772	-15.2%	8,418,427
	Gross	BH	7,139,772	-15.2%	8,418,427
	Amortisation	BI	0	0%	0
	Sub Total Financial Assets		28,901,472		36,363,786

Current Assets (III)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total Assets	Net	336,108,422	6.6%	315,164,574
	Gross	CJ	374,403,597	6.3%	352,182,785
	Amortisation	CK	38,295,175	3.4%	37,018,211

Stocks

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Raw materials	Net	8,215,200	-41.7%	14,085,092
	Gross	BL	27,228,085	6.9%	25,468,321
	Amortisation	BM	19,012,885	67.0%	11,383,228
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Work in progress (goods)	Net	3,144,516	33.5%	2,355,468
	Gross	BN	3,144,516	33.5%	2,355,468
	Amortisation	BO	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Work in progress (services)	Net	0	0%	0
	Gross	BP	0	0%	0
	Amortisation	BQ	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Semi-finished and finished products	Net	69,291,193	11.1%	62,360,763
	Gross	BR	84,301,021	10.3%	76,432,170
	Amortisation	BS	15,009,827	6.7%	14,071,407
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Goods for resale	Net	0	0%	0
	Gross	BT	0	0%	0
	Amortisation	BU	0	0%	0
	Sub Total Stocks	Net	80,650,909	2.3%	78,801,323

Advance payments to suppliers

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Advance payments to suppliers	Net	57,194,895	1053.8%	4,957,087
	Gross	BV	57,194,895	1053.8%	4,957,087
	Amortisation	BW	0	0%	0

Debtors

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Trade accounts receivable	Net	91,073,624	-22.9%	118,142,146
	Gross	BX	95,346,087	-26.5%	129,705,722
	Amortisation	BY	4,272,463	-63.1%	11,563,575
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other debtors	Net	105,504,541	-4.5%	110,465,519
	Gross	BZ	105,504,541	-4.5%	110,465,519
	Amortisation	CA	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Capital subscribed and called up	Net	0	0%	0
	Gross	CB	0	0%	0
	Amortisation	CC	0	0%	0
	Sub Total Debtors	Net	196,578,165	-14.0%	228,607,665

Divers

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Investment securities	Net	0	0%	0
	Gross	CD	0	0%	0
	Amortisation	CE	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Cash and cash equivalents	Net	1,607,454	2363802.9%	68
	Gross	CF	1,607,454	2363802.9%	68
	Amortisation	CG	0	0%	0
	Sub Total Divers	Net	1,607,454	2363802.9%	68

Prepaid expenses

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Prepaid expenses	Net	76,996	-97.2%	2,798,428
	Gross	CH	76,996	-97.2%	2,798,428
	Amortisation	CI	0	0%	0

Equalization accounts (IV to VI)

		31/12/2013		31/12/2012
Multi-period charges	CW3	0	0%	0
Gross		0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0
Gross		0	0%	0
Currency differential gain	CN3	277,514	-20.7%	349,914
Gross		277,514	-20.7%	349,914

References

		31/12/2013		31/12/2012
Due within one year	CP	0	0%	0
Due after one year	CR	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Grand Total - Passive Accounts (I to IV)

			31/12/2013		31/12/2012
	Grand Total (I to V)	EE	365,287,411	3.5%	352,820,896

Shareholder Equity (I)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total shareholders' equity (Total I)	DL	-88,606,300	-1541.9%	6,145,062
	Equity and shareholders' equity	DA	88,025,001	0%	88,025,001
	Issue and merger premiums	DB	4,832,747	-98.2%	264,444,378
	Revaluation differentials	DC	0	0%	0
	Of which equity differential	EK	0	0%	0
	Legal reserve	DD	0	0%	0
	Statutory or contractual reserve	DE	0	0%	0
	Special regulated reserves	DF	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0
	Other reserves	DG	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%
	Profits or losses brought forward	DH	-86,712,687	-3313338.6%	-2,617
	Profit or loss for the period	DI	-94,751,362	72.6%	-346,321,700
	Investment grants	DJ	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0

Other capital resources (II)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total other capital resources (Total II)	DO	0	0%	0
	Income from participating securities	DM	0	0%	0
	Conditional loans	DN	0	0%	0

Provisions for risks and charges (III)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total provisions for risks and charges (Total III)	DR	53,268,123	8.8%	48,954,595
	Risk provisions	DP	11,304,436	-2.3%	11,567,595
	Reserves for charges	DQ	41,963,687	12.2%	37,387,000

Liabilities (IV)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total Liabilities (Total IV)	EC	400,532,899	34.5%	297,693,040
	Convertible debentures	DS	0	0%	0
	Other debentures	DT	0	0%	0
	Bank loans and liabilities	DU	264	-100.0%	4,230,120
	Sundry loans and financial liabilities	DV	235,400	-44.7%	425,500
	Of which participating loans	EI	0	0%	0
	Advance payments received for current orders	DW	2,577,374	-80.0%	12,860,280
	Trade accounts payables	DX	96,829,234	-57.8%	229,514,816
	Tax and social security liabilities	DY	50,222,408	103.1%	24,722,390
	Fixed asset liabilities	DZ	19,760,380	53.2%	12,898,770
	Other debts	EA	230,907,836	1670.6%	13,041,162

Translation loss (V)

			31/12/2013		31/12/2012
	Translation loss (Total V)	ED	92,688	228.7%	28,199

Equalization accounts

			31/12/2013		31/12/2012
	Deferred income	EB	0	0%	0

References

		31/12/2013		31/12/2012
Of which tax-allowable reserve	EF	0	0%	0
Deferred income and liabilities	EG	206,156,628	-29.8%	293,462,920
Of which current bank facilities	EH	264	-100.0%	4,230,120

Display parameter
Currency	Euro	Kilo Euro

1- Operating result (I-II)

			31/12/2013		31/12/2012
	Operating result (Total I-II)	GG	-116,318,183	66.2%	-344,523,258

2 - Financial result (V - VI)

			31/12/2013		31/12/2012
	Financial result (Total V-VI)	GV	-5,661,427	-149.3%	-2,271,380

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

			31/12/2013		31/12/2012
	Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	-121,979,610	64.8%	-346,794,638

4 - Extraordinary result (VII-VIII)

			31/12/2013		31/12/2012
	Extraordinary result (Total VII-VIII)	HI	25,182,653	9154.8%	-278,113

Profit or loss

			31/12/2013		31/12/2012
	Profit or loss	HN	-94,751,362	72.6%	-346,321,700

Total Income (I+III+V+VII)

			31/12/2013		31/12/2012
	Total Income (I+III+V+VII)	HL	915,927,823	92.1%	476,917,058

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

			31/12/2013		31/12/2012
	Total charges (Total II+IV+VI+VIII+IX+X)	HM	1,010,679,184	22.8%	823,238,759

Operating income (I)

			31/12/2013		31/12/2012
	Total operating income (Total I)	FR	887,157,959	87.1%	474,262,223

Operating income (details)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Sale of goods for resale	FC	0	0%	0
	France	FA	0	0%	0
	Export	FB	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Sale of goods produced	FF	783,449,366	91.9%	408,292,505
	France	FD	169,819,525	36.4%	124,539,163
	Export	FE	613,629,841	116.3%	283,753,342
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Sale of services	FI	44,761,176	4.6%	42,783,912
	France	FG	44,761,176	4.6%	42,783,912
	Export	FH	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Net turnover	FL	828,210,542	83.6%	451,076,417
	France	FJ	214,580,701	28.2%	167,323,075
	Export	FK	613,629,841	116.3%	283,753,342
	Stocked production	FM	8,657,898	32.3%	6,542,275
	Self-constructed assets	FN	1,066,090	47.7%	721,884
	Operating grants	FO	149,483	1394.8%	10,000
	Release of reserves and provisions	FP	49,073,946	217.8%	15,440,337
	Other income	FQ	0	0%	471,309

Operating charges (II)

			31/12/2013		31/12/2012
	Total operating charges (Total II)	GF	1,003,476,142	22.6%	818,785,481

Exploitation charges

		31/12/2013		31/12/2012
Purchase of goods for resale	FS	66,130,001	47.0%	44,985,828
Change in stocks of goods for resale	FT	0	0%	0
Purchase of raw materials	FU	546,529,000	95.7%	279,253,014
Change in stocks of raw materials	FV	-1,759,764	-33.2%	-1,320,949
Other external purchases and charges	FW	217,218,856	50.1%	144,725,038
Tax, duty and similar payments	FX	8,953,399	279.5%	2,359,135
Payroll	FY	61,178,453	104.7%	29,884,929
Social security costs	FZ	29,874,208	90.2%	15,708,854

Depreciation

		31/12/2013		31/12/2012
Depreciation of fixed assets	GA	23,096,583	150.5%	9,222,024
Amortisation of fixed assets	GB	11,512,719	-95.3%	246,655,403
Depreciation/amortisation of current assets	GC	20,001,690	-46.5%	37,365,063
Provisions for risks and charges	GD	14,111,152	48.9%	9,475,829

Other charges

			31/12/2013		31/12/2012
	Other charges	GE	6,629,845	1306.7%	471,309

Operating charges (III-IV)

		31/12/2013		31/12/2012
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0

Financial income (V)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total financial income (Total V)	GP	3,480,711	31.2%	2,652,874
	Share financial income	GJ	171,878	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0
	Other interest and similar income	GL	4,492	386.1%	-1,570
	Released provisions and transferred charges	GM	321,714	0%	0
	Exchange gains	GN	2,982,627	12.4%	2,654,444
	Net income from disposal of investment securities	GO	0	0%	0

Financial Charge (VI)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total financial charge (Total VI)	GU	9,142,138	85.7%	4,924,254
	Financial reserves and provisions	GQ	184,825	-42.5%	321,714
	Interest and similar charges	GR	4,834,570	108.5%	2,318,484
	Exchange losses	GS	4,122,743	80.5%	2,284,054
	Net loss from disposal of investment securities	GT	0	0%	0

Extraordinary income (VII)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total extraordinary income (Total VII)	HD	25,289,153	1290162.9%	1,960
	Extraordinary operating income	HA	25,289,153	1290821.5%	1,959
	Extraordinary income from capital transactions	HB	0	0%	01
	Released provisions and transferred charges	HC	0	0%	0

Extraordinary charges (VIII)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total extraordinary charges (Total VIII)	HH	106,500	-62.0%	280,074
	Extraordinary operating charges	HE	106,500	-61.6%	277,074
	Extraordinary charges from capital transactions	HF	0	0%	3,000
	Extraordinary reserves and provisions	HG	0	0%	0

Employee profit sharing (IX)

			31/12/2013		31/12/2012
	Employee profit sharing (Total IX)	HJ	0	0%	0

Tax on profits (X)

			31/12/2013		31/12/2012
	Tax on profits (Total X)	HK	-2,045,596	-172.4%	-751,051

References

		31/12/2013		31/12/2012
Of which equipment leases	HP	0	0%	0
Of which property leases	HQ	0	0%	0
Of which transferred charges	A1	0	0%	0
Of which trader's own contributions	A2	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomes tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Gross value at begin of period	OG	0	0%	0
	Increasess due to revaluation	OH	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0
	Decreasess by transfers	OK2	0	0%	0
	Gross value at the end of period	OL	0	0%	0

Research and development Charge (Total I)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Gross value at begin of period	CZ	0	0%	0
	Increasess due to revaluation	KB	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0
	Decreasess by transfers	C02	0	0%	0
	Gross value at the end of period	D0	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Gross value at begin of period	KD	0	0%	0
	Increasess due to revaluation	KE	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0
	Decreasess by transfers	LV2	0	0%	0
	Gross value at the end of period	LW	0	0%	0

Tangible fixed assets (Total III)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Gross value at begin of period	LN	0	0%	0
	Increasess due to revaluation	LO	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0
	Decreasess by transfers	NG2	0	0%	0
	Gross value at the end of period	NH	0	0%	0

Fiancial assets (Total IV)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Gross value at begin of period	LQ	0	0%	0
	Increasess due to revaluation	LR	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0
	Gross value at the end of period	NK	0	0%	0

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

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Reserve for depreciation value at begin of period	0N	0	0%	0
Increases		0P	0	0%	0
Decreasess		0Q	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0

Research and development charge (Total I)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Reserve for depreciation value at begin of period	CY	0	0%	0
Increases		PB	0	0%	0
Decreasess		PC	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0

Other intangible assets (Total II)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Reserve for depreciation value at begin of period	PE	0	0%	0
Increases		PF	0	0%	0
Decreasess		PG	0	0%	0
	Decreasess by budget item transfer	PH	0	0%	0

Total fixed assets amotisation (Total III)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Reserve for depreciation value at begin of period	QU	0	0%	0
Increases		QV	0	0%	0
Decreases		QW	0	0%	0
	Decreasess by budget item transfer	QX	0	0%	0

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Gross value at begin of period	Z91	0	0%	0
Increases		Z92	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0

Premium refund of obligations

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Net value at begining of period	SP1	0	0%	0
Increases		SP2	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0
	Net value at the end of period	SR	0	0%	0

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

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Value at begining of period	7C	0	0%	0
Increases		UB	0	0%	0
Decreases		UC	0	0%	0
	Value at the end of period	UD	0	0%	0

Includes Total allocations

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

Includes Total Withdrawal

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

Total regulated provisions (Total I)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Value at begining of period	3Z	0	0%	0
Increases		TS	0	0%	0
Decreases		TT	0	0%	0
	Value at the end of period	TU	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Value at begining of period	5Z	0	0%	0
Increases		TV	0	0%	0
Decreases		TW	0	0%	0
	Value at the end of period	TX	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Value at begining of period	7B	0	0%	0
Increases		TY	0	0%	0
Decreases		TZ	0	0%	0
	Value at the end of period	UA	0	0%	0

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

		31/12/2013		31/12/2012
Gross value	VT	0	0%	0
1 year at most	VU	0	0%	0
More than one year	VV	0	0%	0

State of loans

		31/12/2013		31/12/2012
Claims related to holdings (gross)	UL	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0
Loans (gross)	UP	0	0%	0
Loans (1 year at most)	UR	0	0%	0
Other financial assets (gross)	UT	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0

Receivables statement of assets

		31/12/2013		31/12/2012
Customers doubtful or disputed	VA	0	0%	0
Other claims customer	UX	0	0%	0
Receivables represent Loaned Securities	UU	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0
Personnel and associated accounts	UY	0	0%	0
Social Security and other social organizations	UZ	0	0%	0
Income taxes	VM	0	0%	0
Value added tax	VB	0	0%	0
Other taxes and payments assimilated	VN	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0
Group and Associates	VC	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0

Prepaid

			31/12/2013		31/12/2012
	Prepaid	VS	0	0%	0

State Debt

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Total debt (gross)	VY	0	0%	0
1 year at most		VZ2	0	0%	0
More than 1 year and 5 years at most		VZ3	0	0%	0
More than 5 years		VZ4	0	0%	0

Details

			31/12/2013		31/12/2012
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Convertible bonds (gross)	7Y1	0	0%	0
1 year at most		7Y2	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other bonds (gross)	7Z1	0	0%	0
1 year at most		7Z2	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	0
1 year at most		VG2	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0
1 year at most		VH2	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Loans and various financial liabilities (gross)	8A1	0	0%	0
1 year at most		8A2	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Suppliers and associated accounts (gross)	8B1	0	0%	0
1 year at most		8B2	0	0%	0
More than 1 year and 5 years at most		8B3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Personnel and associated accounts (gross)	8C1	0	0%	0
1 year at most		8C2	0	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Social Security and other social organizations (gross)	8D1	0	0%	0
1 year at most		8D2	0	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Taxes on profits (gross)	8E1	0	0%	0
1 year at most		8E2	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	VAT (gross)	VW1	0	0%	0
1 year at most		VW2	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Backed Obligations (gross)	VX1	0	0%	0
1 year at most		VX2	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other taxes and assimilated (gross)	VQ1	0	0%	0
1 year at most		VQ2	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Assets and liabilities associated accounts (gross)	8J1	0	0%	0
1 year at most		8J2	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0
More than 5 years		8J4	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Groups and associates (gross)	VI1	0	0%	0
1 year at most		VI2	0	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0
More 5 years		VI4	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Other liabilities (gross)	8K1	0	0%	0
1 year at most		8K2	0	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Debt representative of borrowed securities (gross)	SZ1	0	0%	0
1 year at most		SZ2	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_minus.gif$	Products in advance (gross)	8L1	0	0%	0
1 year at most		8L2	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0

References

		31/12/2013		31/12/2012
Loans made during the period	VJ	0	0%	0
Debt repaid during the period	VK	0	0%	0

Table allocation results and other information
Dividends distributed

			31/12/2013		31/12/2012
	Dividends	ZE	0	0%	0

Commitments

		31/12/2013		31/12/2012
Commitments leasing furniture	YQ	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0

Other charges Externes

		31/12/2013		31/12/2012
Subcontracting	YT	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0
Staff outside the company	YU	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0
Other accounts	ST	0	0%	0
Total Other purchases and external	ZJ	0	0%	0

Taxes and Fees

		31/12/2013		31/12/2012
Business tax	YW	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0
Total taxes and fees	YX	0	0%	0

VAT

		31/12/2013		31/12/2012
Amount VAT collected	YY	0	0%	0
Total VAT on goods and services	YZ	0	0%	0

Average number of employees

			31/12/2013		31/12/2012
	Average number of employees	YP	0	0%	1,352

Groups and Shareholders

			31/12/2013		31/12/2012
	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

	31/12/2013		31/12/2012	Sector Median 2013
Fixed Asset Financing	0.79	-25.5%	1.06	1.26	-37.3%
Global Debt	174 days	-26.9%	238 days	92 days	89.1%
Working Capital Fund overall net	-28 days	-286.7%	15 days	66 days	-142.4%
Financial independence	-37598.57%	-28585.9%	131.99%	246.32%	-15364.1%
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_plus.gif$
Solvability	-24.26%	-1494.3%	1.74%	46.85%	-151.8%
Capacity debt futures	%	-	%	3359.56%	-
Coverage of current assets by net working capital overall	-17.10%	-428.2%	5.21%	47.07%	-136.3%
General Liquidity		-		0.84	-
Restricted Liquidity		-		1.18	-

Management or rotation

	31/12/2013		31/12/2012	Sector Median 2013
Need background in operating working capital	-29 days	-293.3%	15 days	44 days	-165.9%
Treasury	1 days	133.3%	-3 days	8.50 days	-88.2%
Inventory turnover of goods	0 days	0%	0 days	3 days	0%
Average length of credit granted to customers	41 days	-60.6%	104 days	58.50 days	-29.9%
Average length of credit obtained suppliers	42 days	-76.3%	177 days	59.50 days	-29.4%
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_plus.gif$
Inventory turnover of raw materials in industrial enterprises	18 days	-45.5%	33 days	40.50 days	-55.6%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	271.50 days	-
Rotation tangible assets	%	-	%	232.78%	-

Profitability of the business

	31/12/2013		31/12/2012	Sector Median 2013
Margin trading	-7.98%	20.0%	-9.97%	0%	0%
Profitability of the business	-10.87	14.3%	-12.69	5.98%	-281.8%
Net profit	-11.44%	85.1%	-76.78%	2.16%	-629.6%
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\button_plus.gif$
Growth rate of turnover (excluding VAT)	83.61%	-	%	0%	0%
Rates integration	1.19%	157.8%	-2.06%	24.15%	-95.1%
Rate leasing furniture	0%	0%	0%	0%	0%
Work Factor	927.55%	289.2%	-490.13%	68.86%	1247.0%
Weight interests	1.10	0.9%	1.09%	0.48%	129.2%

Return on capital

	31/12/2013		31/12/2012	Sector Median 2013
Cash flow from the overall profitability	-7.24%	63.8%	-19.98%	5.79%	-225.0%
Rates of economic profitability	102%	119.2%	-530%	15%	580.0%
Financial profitability	-88606300%	-1541.9%	6145062%	1223561%	-7341.7%
Return on investment	96.88%	103.1%	-3160.89%	8.75%	1007.2%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2013		31/12/2012			Sector Median 2013
Turnover	828,210,542	83.6%	451,076,417			8,637,892 €	9488.1%

Sales of goods	0	0%	0
- Purchase of goods	66,130,001	47.0%	44,985,828
+/- Stock of goods variation	0	0%	0
Trading margin	-66,130,001 €	-47.0%	-44,985,828 €	0 €	0%
	-7.98 % CA	20.0%	-9.97 % CA	0 % CA	0%

Sale of goods produced	828,210,542	83.6%	451,076,417
+/- Stocked production	8,657,898	32.3%	6,542,275
+ Self-constructed assets	1,066,090	47.7%	721,884
Period production	837,934,530 €	82.8%	458,340,576 €	8,152,142 €	10178.7%
	101.17 % CA	-0.4%	101.61 % CA	99.78 % CA	1.4%

Trading margin	-66,130,001	-47.0%	-44,985,828	0	0%
+ Period Production	837,934,530	82.8%	458,340,576	8,152,142	10178.7%
- Purchase of raw materials	546,529,000	95.7%	279,253,014
+/- Change in stocks of raw materiels	-1,759,764	-33.2%	-1,320,949
- Other external purchases and charges	217,218,856	50.1%	144,725,038
Added value	9,816,437 €	205.5%	-9,302,355 €	1,293,355 €	659.0%
	1.19 % CA	157.8%	-2.06 % CA	24.15 % CA	-95.1%

Added value	9,816,437 €	205.5%	-9,302,355 €	1,293,355 €	659.0%
+ Operating grants	149,483	1394.8%	10,000
- Tax, duty and similar payments	8,953,399	279.5%	2,359,135
- Personal charges	91,052,661	99.7%	45,593,783
Gross operating surplus	-90,040,140 €	-57.3%	-57,245,273 €	179,608 €	-50231.5%
	-10.87 % CA	14.3%	-12.69 % CA	5.98 % CA	-281.8%

Gross operating surplus	-90,040,140 €	-57.3%	-57,245,273 €	179,608 €	-50231.5%
+ Release of reserves and provisions	49,073,946	217.8%	15,440,337
+ Other operating income	0	0%	471,309
- Depreciation/Amortisation	68,722,144	-77.3%	302,718,319
- Other charges	6,629,845	1306.7%	471,309
Operating result	-116,318,183 €	66.2%	-344,523,255 €	88,759.50 €	-131148.7%
	-14.04 % CA	81.6%	-76.38 % CA	2.95 % CA	-575.9%

Operating result	-116,318,183 €	66.2%	-344,523,255 €	88,759.50 €	-131148.7%
+/- Result of joint-venture transferred from/to other partners	0	0%	0
+ Financial income	3,480,711	31.2%	2,652,874
- Financial charges	9,142,138	85.7%	4,924,254
Pre-tax result	-121,979,610 €	64.8%	-346,794,635 €	73,290 €	-166534.2%
	-14.73 % CA	80.8%	-76.88 % CA	2.66 % CA	-653.8%

Extraordinary income	25,289,153	1290162.9%	1,960	21,586.50	117052.6%
- Extraordinary charges	106,500	-62.0%	280,074
Extraordinary result	25,182,653 €	9154.8%	-278,114 €	0 €	0%
	3.04 % CA	5166.7%	-0.06 % CA	0 % CA	0%

Pre-tax result	-121,979,610 €	64.8%	-346,794,635 €	73,290 €	-166534.2%
Extraordinary result	25,182,653 €	9154.8%	-278,114 €	0 €	0%
- Employee profit sharing	0	0%	0
- Tax on profits	-2,045,596	-172.4%	-751,051
Net result	-94,751,361 €	72.6%	-346,321,698 €	81,658 €	-116134.4%
	-11.44 % CA	85.1%	-76.78 % CA	2.16 % CA	-629.6%

judgements

Collective procedures

Courts

Judgment	Redressement judiciaire	Effective date	24/04/2013
Court	BOURG-EN-BRESSE

Details JUGEMENT DE REDRESSEMENT JUDICIAIRE : Par jugement du 27/03/2013 le Tribunal de Commerce de LYON a prononcé l'ouverture de redressement judiciaire sur déclaration de cessation des paiements Mandataire judiciaire : Me DUBOIS Patrick-Paul, 32 rue Molière 69006 LYON Administrateur : SELARL AJ PARTENAIRES, représentée par Me Bruno SAPIN, 174 rue de Créqui 69003 LYON, avec mission d'assurer seul et entièrement l'administration de la société Juge commissaire : DERDERIAN Daniel - DATE D'EFFET : 27/03/2013

Judgment	Redressement judiciaire	Effective date	09/04/2013
Court	MANOSQUE

Details JUGEMENT DE REDRESSEMENT JUDICIAIRE : En date du 27/03/2013 le Tribunal de Commerce de Lyon a prononcé le redressement judiciaire sur déclaration de cessation des paiements de la Société KEM ONE. Mandataire Judiciaire : Me DUBOIS Patrick-Paul - 32 rue Molière 69006 Lyon Administrateur : SELARL AJ PARTENAIRES représentée par Me Bruno SAPIN - 174 rue de Créqui 69003 Lyon Juge Commissaire : M. DERDERIAN Daniel - DATE D'EFFET : 27/03/2013

Judgment	Redressement judiciaire	Effective date	05/04/2013
Court	NIMES

Details Jugement du Tribunal de Commerce de Lyon en date du 27/03/2013 ouvrant la procédure de redressement judiciaire. Juge commissaire : Monsieur DERDERIAN Daniel, Mandataire judiciaire : Maître DUBOIS 32 RUE MOLIERE 69006 LYON, Administrateur judiciaire : Selarl AJ PARTENAIRES représentée par Maître Bruno SAPIN 174 RUE DE CRÉQUI 69003 LYON mission : assurer seul et entièrement l'administration de la société.

Judgment	Redressement judiciaire	Effective date	04/04/2013
Court	SALON DE PROVENCE

Details JUGEMENT DE REDRESSEMENT JUDICIAIRE : Par jugement en date du 27/03/2013, le Tribunal de commerce de Lyon a ouvert une procédure de redressement judiciaire à l'encontre de la société KEM ONE et a désigné: Juge commissaire: DERDERIAN Daniel Mandataire judiciaire: Me DUBOIS Patrick-Paul, 32 rue Molière 69006 Lyon Administrateur: SELARL AJ PARTENAIRES représenté par Me Bruno SAPIN, 174 rue de Créqui 69003 Lyon, ayant pour mission d'assurer seul et entièrement l'administration de la société Date d'effet: 27/03/2013 - DATE D'EFFET : 27/03/2013

Judgment	Redressement judiciaire	Effective date	27/03/2013
Court	LYON

Details Jugement du Tribunal de Commerce de Lyon en date du 27/03/2013 ouvrant la procédure de redressement judiciaire. Juge commissaire : Monsieur DERDERIAN Daniel, Juge commissaire suppléant : Monsieur JURY Alain, Mandataire Judiciaire : Maître DUBOIS Patrick-Paul 32 RUE MOLIÈRE 69006 LYON, Administrateur judiciaire : la Selarl AJ PARTENAIRES représentée par Me Bruno SAPIN 174 RUE DE CRÉQUI 69003 LYON mission : assurer seul et entièrement l'administration de la société. Date de cessation des paiements : 25/03/2013

Rncs

Judgment	Plan de continuation/Redressement	Effective date	20/12/2013

Director	LA SELARL AJ PARTENAIRES REPRÉSE	Position	Court-appointed reviewer of a proposal
Address	69003

Judgment	Redressement judiciaire	Effective date	27/03/2013

Director	LA SELARL AJ PARTENAIRES REPRÉSE	Position	Official receiver
Address	69003

Director	ME DUBOIS PATRICK-PAUL	Position	Representative judicial
Address	69006

Bodacc

Judgment	Autres jugements et ordonnances	Effective date	23/01/2014
Court	Lyon	Parution date from Gazette	13/02/2014

Jugement prononçant Autre jugement prononçant Le 23/01/2014, rectification d'erreur matérielle du jugement prononçant l'arrêté du plan de redressement en date du 20/12/2013

Judgment	Jugement lié aux créances	Effective date	17/01/2014
Court	Lyon	Parution date from Gazette	25/09/2014

Avis de dépôt Dépôt de l'état des créances L'état des créances est déposé au greffe où tout intéressé peut présenter réclamation devant le juge-commissaire dans le délai d'un mois à compter de la présente publication.

Judgment	Plan de continuation/Redressement	Effective date	20/12/2013
Court	Lyon	Parution date from Gazette	03/01/2014

Extrait de jugement Jugement de plan de redressement Jugement arrêtant le plan de redressement, durée du plan 10 ans nomme Commissaire à l'exécution du plan la Selarl Aj Partenaires Représentée par Me Bruno Sapin et Me Didier Lapierre 174 rue de Créqui 69003 Lyon

Judgment	Redressement judiciaire	Effective date	27/03/2013
Court	Lyon	Parution date from Gazette	11/04/2013

Jugement d'ouverture Jugement d'ouverture d'une procédure de redressement judiciaire Jugement prononçant l'ouverture d'une procédure de redressement judiciaire, date de cessation des paiements le 25 mars 2013 désignant administrateur la Selarl Aj Partenaires Représentée par Me Bruno Sapin 174 rue de Créqui 69003 Lyon, avec les pouvoirs : assurer seul et entièrement l'administration de la société, mandataire judiciaire Me Dubois Patrick-Paul 32 rue Molière 69006 Lyon. Les déclarations des créances sont à déposer au mandataire judiciaire dans les deux mois à compter de la présente publication.

Other sources

No recent judgment publication in other sources 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	22/03/2013	Monitored stopped since	22/03/2014
Status of Monitoring	Collection of preferential rights for this company has been stopped by the Court

Group data

Ultimate parent company	K1 GROUP SAS
Direct parent	K1 GROUP SAS - 100 %
Group – Number of companies	9
Linkages – Number of companies	1
Number of countries	1

Group Structure

Company Name	SIREN	Parts	Last account published
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\tminus.gif$ K1 GROUP SAS	799221957	-	-
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\tminus.gif$ KEM ONE	538695040	100%	31/12/2013
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\T.gif$ RESINOPLAST VIETNAM LTD	-	100%	-
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\tminus.gif$ ALPHACAN	309745891	100%	31/12/2013
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\T.gif$ ALPHACAN S.P.A.	TN130103	100%	31/12/2013
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\T.gif$ ALPHACAN B.V.	16028740	100%	31/12/2013
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\T.gif$ ALPHACAN ESPANA TRANSFORMADOS SA...	-	99.92%	-
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\L.gif$ ALPHACAN DOO	-	Majority	-
$Description: \\VIVEK\Foreign Report Raw2\KEM ONE-1_files\L.gif$ AKISHIMA CHEMICAL INDUSTRIES CO LT...	-	100%	-

Linkages

Ultimate parent company	K1 GROUP SAS
Direct parent	K1 GROUP SAS - 100 %
Group – Number of companies	9
Linkages – Number of companies	1
Number of countries	1
Company Name		SIREN	Last account	Turnover
KEM ONE INNOVATIVE VINYLS		538695016	31/12/2012	0 €

event history

Status history

Date	Description
01/07/2014	Economically active

Recent publications in Gazettes

Publication date	Gazette Name	Description
25/09/2014	Bodacc A	Avis de dépôt

69 - RHONE TRIBUNAL DE COMMERCE DE LYON 1118 - Date : 17 janvier 2014. Dépôt de l'état des créances. 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Activité : fabrication de produits chimiques. Adresse : 210 avenue Jean Jaurès, 69007 Lyon. Complément de jugement : L'état des créances est déposé au greffe où tout intéressé peut présenter réclamation devant le juge-commissaire dans le délai d'un mois à compter de la présente publication.
10/09/2014	Bodacc B	Modification et mutation diverse

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 2040 - 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Activité : . Adresse du siège social : 19 rue Jacqueline Auriol, Immeuble le Quadrille, 69008 Lyon. Commentaires : Nouveau siège.
11/08/2014	Bodacc C	Comptes annuels et rapports

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 9443 - 538695040 RCS. KEM ONE. Forme : Société par Actions Simplifiée. Adresse : 210 avenue Jean Jaurès 69007 Lyon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.
05/07/2014	JAL	Head Office Transfer

Tout Lyon Affiches Date de décision : 30/06/2014 Transfert du siège social de la société 538695040 - KEM ONE Adresse du nouveau siège : IMMEUBLE LE QUADRILLE 19 RUE JACQUE, 69008 LYON 08 Ancienne localisation : 210 AV JEAN JAURES, 69007 LYON 7EME Date d'effet : 01/07/2014
24/04/2014	Bodacc B	Modification et mutation diverse

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 2181 - 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Capital : 98025001 EUR. Activité : . Commentaires : Modification du capital.
26/03/2014	Bodacc B	Modification et mutation diverse

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 2914 - 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Administration : KLESCH Allan nom d'usage : KLESCH n'est plus président. Sté par actions simplifiée K1 Group SAS devient président représenté(e) par DE KRASSNY Alain François nom d'usage : DE KRASSNY. HORNE Edwin Charles nom d'usage : HORNE n'est plus directeur général. NEWMAN Joshua Mortyn nom d'usage : NEWMAN n'est plus directeur général. DEKKER Nicholas nom d'usage : DEKKER n'est plus directeur général. Activité : . Commentaires : Modification de l'administration.
15/03/2014	JAL	Modification of the share capital

Tout Lyon Affiches Date de décision : 18/02/2014 La société : 538695040 - KEM ONE, 210 AV JEAN JAURES, 69007 LYON 7EME a subi une augmentation de son capital social désormais de 98 025 001 € Date d'effet : 18/02/2014
15/02/2014	JAL	Resignation / Revocation of the social representative

Tout Lyon Affiches Date de décision : 04/02/2014 La société 538695040 - KEM ONE, 210 AV JEAN JAURES, 69007 LYON 7EME Fait l'objet du départ de Monsieur Allan KLESCH, Chemin de la Perrière 10 rez 1223 Cologny, 01211, GENEVE, De Monsieur Edwin HORNE, De Monsieur Joshua NEWMAN, De Monsieur Nicholas DEKKER
15/02/2014	JAL	Appointment of the social representative

Tout Lyon Affiches Date de décision : 04/02/2014 Société faisant l'objet d'une nomination : 538695040 - KEM ONE, 210 AV JEAN JAURES, 69007 LYON 7EME Nominé : Non renseignée K1 GROUP SAS, 75008 PARIS 08 En la fonction de : Président
13/02/2014	Bodacc A	Jugement prononçant

69 - RHONE TRIBUNAL DE COMMERCE DE LYON 1967 - Date : 23 janvier 2014. Autre jugement prononçant. 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Activité : fabrication de produits chimiques. Adresse : 210 avenue Jean Jaurès, 69007 Lyon. Complément de jugement : Le 23/01/2014, rectification d'erreur matérielle du jugement prononçant l'arrêté du plan de redressement en date du 20/12/2013.
10/02/2014	Bodacc C	Comptes annuels et rapports

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 7345 - 538695040 RCS. KEM ONE. Forme : Société par Actions Simplifiée. Adresse : 210 avenue Jean Jaurès 69007 Lyon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
03/01/2014	Bodacc A	Extrait de jugement

69 - RHONE TRIBUNAL DE COMMERCE DE LYON 2755 - Date : 20 décembre 2013. Jugement de plan de redressement. 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Activité : fabrication de produits chimiques. Adresse : 210 avenue Jean Jaurès, 69007 Lyon. Complément de jugement : Jugement arrêtant le plan de redressement, durée du plan 10 ans nomme Commissaire à l'exécution du plan la Selarl Aj Partenaires Représentée par Me Bruno Sapin et Me Didier Lapierre 174 rue de Créqui 69003 Lyon.
14/05/2013	Bodacc B	Modification et mutation diverse

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 1044 - 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Administration : JAUSSEME Bertrand Dominique nom d'usage : JAUSSEME n'est plus directeur général. Activité : . Commentaires : Modification de l'administration.
11/04/2013	Bodacc A	Jugement d'ouverture

69 - RHONE TRIBUNAL DE COMMERCE DE LYON 2513 - Date : 27 mars 2013. Jugement d'ouverture d'une procédure de redressement judiciaire. 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Activité : fabrication de produits chimiques. Adresse : 210 avenue Jean Jaurès, 69007 Lyon. Complément de jugement : Jugement prononçant l'ouverture d'une procédure de redressement judiciaire, date de cessation des paiements le 25 mars 2013 désignant administrateur la Selarl Aj Partenaires Représentée par Me Bruno Sapin 174 rue de Créqui 69003 Lyon, avec les pouvoirs : assurer seul et entièrement l'administration de la société, mandataire judiciaire Me Dubois Patrick-Paul 32 rue Molière 69006 Lyon. Les déclarations des créances sont à déposer au mandataire judiciaire dans les deux mois à compter de la présente publication.
28/03/2013	JAL	Resignation / Revocation of the social representative

Tribune de Lyon Date de décision : 05/03/2013 La société 538695040 - KEM ONE, 210 AV JEAN JAURES, 69007 LYON 7EME Fait l'objet du départ de Monsieur Bertrand JAUSSEME
27/02/2013	Bodacc B	Modification et mutation diverse

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 1390 - 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Administration : Société à responsabilité limitée KLESCH CHEMICALS LTD n'est plus président. KLESCH Allan nom d'usage : KLESCH devient président. HORNE Edwin Charles nom d'usage : HORNE devient directeur général. NEWMAN Joshua Mortyn nom d'usage : NEWMAN devient directeur général. JAUSSEME Bertrand Dominique nom d'usage : JAUSSEME devient directeur général. DEKKER Nicholas nom d'usage : DEKKER devient directeur général. Activité : . Commentaires : Modification de l'administration.
30/01/2013	JAL	Resignation / Revocation of the social representative

Progrès (Le)/Edition du Rhône Date de décision : 21/12/2012 La société 538695040 - KEM ONE, 210 AV JEAN JAURES, 69007 LYON 7EME Fait l'objet du départ de KLESCH CHEMICALS LIMITED
30/01/2013	JAL	Appointment of the social representative

Progrès (Le)/Edition du Rhône Date de décision : 21/12/2012 Société faisant l'objet d'une nomination : 538695040 - KEM ONE, 210 AV JEAN JAURES, 69007 LYON 7EME Nominé : Monsieur Allan KLESCH, W1U 1QY LONDON En la fonction de : Président Nominé : Monsieur Nicholas DEKKER, 13410 LAMBESC En la fonction de : Directeur général Nominé : Monsieur Bertrand JAUSSEME, 69002 LYON En la fonction de : Directeur général Nominé : Monsieur Joshua NEWMAN, JE49TN CHANNEL ISLANDS En la fonction de : Directeur général Nominé : Monsieur Edwin HORNE, W1U 1QY LONDON En la fonction de : Directeur général
29/08/2012	Bodacc A	Vente et cession : Acheteur

30 - GARD GREFFE DU TRIBUNAL DE COMMERCE DE NÎMES 132 - 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Adresse : 210 avenue Jean Jaurès, 69007 Lyon. Origine du fonds : Apport partiel d'actif 1 EUR. Etablissement : Etablissement secondaire. Activité : Exploitation d'un giseent de sel et transports de la saumure, production de sel. Adresse : Parrapon, 30600 Vauvert. Précédent propriétaire : ARKEMA FRANCE. 319 632 790 RCS Nîmes. Date de commencement de l’activité : 02/07/2012. Publication légale : Medialex 35 Avenue des Peupliers 35515 CESSON-SEVIGNE du 25/07/2012. Déclarations des créances : Greffe du Tribunal de Commerce de Nîmes. Descriptif : . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
24/08/2012	Bodacc A	Immatriculation

69 - RHONE GREFFE DU TRIBUNAL DE COMMERCE DE LYON 642 - 538 695 040 RCS Lyon. KEM ONE. Forme : Société par Actions Simplifiée. Adresse : 210 avenue Jean Jaurès, 69007 Lyon. Date de commencement de l’activité : 01/01/0001. Descriptif : Immatriculation d'une personne morale suite au transfert du si¿ge hors ressort. Modification de la d¿nomination. Commentaires : Immatriculation d'une personne morale suite à transfert de son siège social.
04/08/2012	JAL	Head Office Transfer

Tout Lyon (Le) - le Moniteur Date de décision : 02/07/2012 Transfert du siège social de la société 538695040 - DIFI 7 Adresse du nouveau siège : 210 AVENUE JEAN JAURES, 69007 LYON Ancienne localisation : 420 RUE ESTIENNE D ORVES, 92700 COLOMBES Date d'effet : 02/07/2012
02/08/2012	Bodacc B	Modification et mutation diverse

92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1195 - 538 695 040 RCS Nanterre. DIFI 7. Forme : Société par actions simplifiée à associé unique. Capital : 88025001 EUR. Activité : . Commentaires : Modification du capital.
26/07/2012	JAL	Head Office Transfer

Affiches parisiennes (Les) Date de décision : 02/07/2012 Transfert du siège social de la société 538695040 - DIFI 7 Adresse du nouveau siège : 210 AVENUE JEAN JAURES, 69007 LYON Ancienne localisation : 420 RUE ESTIENNE D ORVES, 92700 COLOMBES Date d'effet : 02/07/2012
22/07/2012	Bodacc B	Modification et mutation diverse

92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1191 - 538 695 040 RCS Nanterre. DIFI 7. Forme : Société par actions simplifiée à associé unique. Administration : Commissaire aux comptes titulaire : ERNST & YOUNG AUDIT en fonction le 21 Décembre 2011 Commissaire aux comptes suppléant : AUDITEX en fonction le 21 Décembre 2011 Président : KLESCH CHEMICALS LTD en fonction le 12 Juillet 2012. Activité : . Commentaires : Modification de représentant.
09/07/2012	Bodacc C	Comptes annuels et rapports

92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 14350 - 538695040 RCS. DIFI 7. Forme : Société par actions simplifiée à associé unique. Adresse : 420 rue d'Estienne d'Orves 92700 Colombes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
07/07/2012	JAL	Appointment of the social representative

Affiches parisiennes (Les) Date de décision : 02/07/2012 Société faisant l'objet d'une nomination : 538695040 - DIFI 7, 420 RUE ESTIENNE D ORVES, 92700 COLOMBES Nominé : Non renseignée KLESCH CHEMICALS LTD, VLT 1451 VALETTA En la fonction de : Président
07/07/2012	JAL	Resignation / Revocation of the social representative

Affiches parisiennes (Les) Date de décision : 02/07/2012 La société 538695040 - DIFI 7, 420 RUE ESTIENNE D ORVES, 92700 COLOMBES Fait l'objet du départ de Monsieur Thomas LESTAVEL
29/04/2012	Bodacc B	Modification et mutation diverse

92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1664 - 538 695 040 RCS Nanterre. DIFI 7. Forme : Société par actions simplifiée à associé unique. Administration : Commissaire aux comptes titulaire : ERNST & YOUNG AUDIT en fonction le 21 Décembre 2011 Commissaire aux comptes suppléant : AUDITEX en fonction le 21 Décembre 2011 Président : LESTAVEL Thomas en fonction le 20 Avril 2012. Activité : . Commentaires : Modification de représentant.
16/04/2012	JAL	Appointment of the social representative

Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 12/04/2012 Société faisant l'objet d'une nomination : 538695040 - DIFI 7, 420 RUE ESTIENNE D ORVES, 92700 COLOMBES Nominé : Monsieur Thomas LESTAVEL, 75004 PARIS 04 En la fonction de : Président
16/04/2012	JAL	Resignation / Revocation of the social representative

Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 12/04/2012 La société 538695040 - DIFI 7, 420 RUE ESTIENNE D ORVES, 92700 COLOMBES Fait l'objet du départ de Madame Christiane CHAPUIS
03/01/2012	Bodacc A	Création d'établissement

92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1313 - 538 695 040 RCS Nanterre. DIFI 7. Forme : Société par actions simplifiée à associé unique. Administration : Président : ARDILE Christiane Commissaire aux comptes titulaire : ERNST & YOUNG AUDIT Commissaire aux comptes suppléant : AUDITEX. Capital : 25000 EUR. Adresse : 420 rue d'Estienne d'Orves, 92700 Colombes. Origine du fonds : Création d'un fonds de commerce. Etablissement : Etablissement principal. Activité : recherche, production, transformation, distribution commercialisation de tous produits chimiques et plastiques ainsi que de leurs dérives, sous-produits divers et de tous produits Parachimiques. Adresse : . Date de commencement de l’activité : 21/12/2011. Descriptif : . Commentaires : Immatriculation d'une personne morale (B, C, D) suite à création d'un établissement principal.

Company events history

Date	Description
08/11/2014	Disengagement of the group
08/11/2014	New subsidiarie(s) detected
08/11/2014	New ultimate parent
08/11/2014	New parent detected
25/09/2014	New collective procedure
10/09/2014	Various editing or changing
14/08/2014	Updated articles of association
14/08/2014	Minutes of general meeting of shareholders
11/08/2014	Deposit accounts notice
01/08/2014	Payment incident detected
24/07/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
05/07/2014	Legal Gazette: Head Office Transfer
01/07/2014	Update of Company Head Office Identifier
24/04/2014	Various editing or changing
26/03/2014	Updated articles of association
26/03/2014	Fund deposit certificate
26/03/2014	Minutes of general meeting of shareholders
26/03/2014	Various editing or changing
26/03/2014	Amendment
22/03/2014	Collection of preferential rights for this company has been stopped by the Court
25/02/2014	Appointment/resignation of company officers
25/02/2014	Amendment
18/02/2014	Legal Gazette: Modification of the share capital
15/02/2014	Legal Gazette: Resignation / Revocation of the social representative
13/02/2014	New collective procedure
10/02/2014	Deposit accounts notice
04/02/2014	Legal Gazette: Appointment of the social representative
20/01/2014	Update Rating
20/01/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
18/01/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
03/01/2014	New collective procedure
31/12/2013	New accounts available
20/12/2013	New collective procedure
09/09/2013	Application and court order
24/06/2013	Application and court order
14/05/2013	Various editing or changing
24/04/2013	New collective procedure
11/04/2013	New collective procedure
10/04/2013	Appointment/resignation of company officers
09/04/2013	New collective procedure
05/04/2013	New subsidiarie(s) detected
05/04/2013	New ultimate parent
05/04/2013	New parent detected
05/04/2013	New collective procedure
04/04/2013	New collective procedure
28/03/2013	Legal Gazette: Resignation / Revocation of the social representative
27/03/2013	New collective procedure
27/03/2013	New collective procedure
22/03/2013	Collection of preferential rights activated for this company
27/02/2013	Various editing or changing
30/01/2013	Legal Gazette: Resignation / Revocation of the social representative
30/01/2013	Amendment
30/01/2013	Updated articles of association
31/12/2012	New accounts available
21/12/2012	Legal Gazette: Appointment of the social representative
29/08/2012	Sale and transfer
24/08/2012	Registration
04/08/2012	Legal Gazette: Head Office Transfer
02/08/2012	Various editing or changing
01/08/2012	Updated articles of association
01/08/2012	Amendment
26/07/2012	Legal Gazette: Head Office Transfer
25/07/2012	Updated articles of association
25/07/2012	Declaration of conformity
25/07/2012	Capital increase
25/07/2012	Partial contribution
25/07/2012	Amendment
22/07/2012	Various editing or changing
12/07/2012	Amendment
12/07/2012	New chairman (CEO, CoB)
09/07/2012	Deposit accounts notice
07/07/2012	Legal Gazette: Resignation / Revocation of the social representative
02/07/2012	Legal Gazette: Appointment of the social representative
21/06/2012	Audit or Management Report
01/06/2012	Partial contribution
01/06/2012	Updated articles of association
01/06/2012	Amendment
29/04/2012	Various editing or changing
20/04/2012	New chairman (CEO, CoB)
20/04/2012	Amendment
16/04/2012	Legal Gazette: Resignation / Revocation of the social representative
12/04/2012	Legal Gazette: Appointment of the social representative
19/01/2012	Application and court order
19/01/2012	Amendment
03/01/2012	Bodacc A : Establishment creation
21/12/2011	Articles of association
21/12/2011	Company formation

Establishment events history

Date	Description
01/07/2014	Formation of Head office (after transfer)

directors

Shareholder(s)

Name	K1 GROUP SAS
Name of representative	M DE KRASSNY ALAIN FRANÇOIS
Manager position	President	Date of birth	02/10/1942
Place of birth	NICE
Type	Moral person	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
President	KLESCH CHEMICALS LTD	- - -
President	M ALLAN KLESCH	1/16/1947 - CLEVELAND(ETATS-UNIS D'AMERIQUE)
Managing director	M NICHOLAS DEKKER	7/30/1964 - DURBAN(AFRIQUE DU SUD)
Managing director	M EDWIN CHARLES HORNE	6/22/1955 - LONDRES(ROYAUME-UNI)
Managing director	M JOSHUA MORTYN NEWMAN	6/1/1979 - COLCHESTER(ROYAUME-UNI)
Managing director	M JOSHUA MORTYN NEWMAN	6/1/1979 - COLCHESTER(ROYAUME-UNI)

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.63.65
UK Pound	1	Rs.99.14
Euro	1	Rs.77.60

INFORMATION DETAILS

Analysis Done by :	KAR

Report Prepared by :	NIT

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

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

MIRA INFORM REPORT

Company Name

company summary

company details

Establishment details

Other establishments

Workforces

accounts

judgements

Group data

Group Structure

Linkages

event history

Company events history

directors

Unit