MIRA INFORM REPORT

Report Date :

07.01.2014

IDENTIFICATION DETAILS

Name :	ADIXEN VACUUM PRODUCTS
Registered Office :	Adixen Vacuum Products Pfeiffer Vacuum 98 Av De Brogny 74000 Annecy
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	July 1959
Legal Form :	Simplified joint stock company
Line of Business :	Manufacture of pumps and compressors
No. of Employees :	Not Available

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, 2013

Country Name	Previous Rating (30.06.2013)	Current Rating (30.09.2013)
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 79 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 reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.8% of GDP in 2012, while France's public debt rose from 68% of GDP to 90% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

Name

ADIXEN VACUUM PRODUCTS

SIRET

085 980 357 00058

Personal comment

company summary

		EUR VAT Number	FR41085980357
Activity (APE)	Manufacture of other pumps and compressors	Legal form	Simplified joint stock company
Phone	04 50 65 77 77	RCS Registration	RCS 9 085 980 357
Fax
Address	ADIXEN VACUUM PRODUCTS PFEIFFER VACUUM 98 AV DE BROGNY 74000 ANNECY	Incorporated Date	07/1959
Nationality	France	Status	Economically active

DIRECTORS/MANAGEMENT

Directors

Name	M. TABERLET ERIC
Manager position	President	Date of birth	20/03/1959
Place of birth	THONON LES BAINS(74)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Chief Executive Officer	M JEAN-YVES GUEGAN	19/05/1949 - PLOURHAN
Managing director	M ERIC TABERLET	- - -

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

SHARE & SHARE CAPITAL INFORMATION

Share capital

9,424,000 Euros

PAYMENT INFORMATION

Payment Information Summary - Trade Payment Data

Payment Information Summary - Trade Payment Data
Total number of Invoices available	5
Total number of Invoices paid within or up to 30 days after the due date	5
Total number of Invoices paid more than 30 days after the due date	0
Total number of Invoices currently outstanding where the due date has not yet been reached	0
Total number of Invoices currently outstanding beyond the due date	0

Have you got a payment experience on this or any other customers you could share with us? Contribute to our payment data programme to encourage best practice and expose poor performance. Click here for details and to find out what you will get back in return.

GROUP STRUCTURE & AFFILIATED COMPANIES

Ultimate Holding Company
	Company Name	Company number	Click here to view the affiliation links
	ALCATEL LUCENT	542019096	64 companies in 11 countries. Click here to visit linked companies

Ultimate Parent

1 ultimate parent company for this company > ALCATEL LUCENT  - Activités des sièges sociaux (7010Z)  in PARIS 7  (75007)

Group data

Ultimate parent company	ALCATEL LUCENT
Direct parent	ALCATEL-LUCENT FRANCE - 100 %
Group – Number of companies	86
Linkages – Number of companies	64
Number of countries	11

Company Name	SIREN	Parts	Rating	Limit	Last account published
ALCATEL LUCENT	542019096	-	100	5 000 000 €	31/12/2012
RADIO FREQUENCY SYSTEMS FRANCE	659804397	100%	19	0 €	31/12/2012
ALCATEL-LUCENT SUBMARINE NETWORKS	389534256	100%	100	5 000 000 €	31/12/2012
ALCATEL SUBMARINE	US46272010	100%	NC	-	-
ALDA MARINE	431958073	51%	76	155 000 €	31/12/2012
CORALEC	393525761	100%	55	5 000 000 €	31/12/2012
ALCATEL HOLDINGS CANADA CORPORATION	-	100%	NC	-	-
ALCATEL-LUCENT CANADA INC	-	100%	NC	-	-
FLORELEC	420765125	100%	55	5 000 000 €	31/12/2012
EVOLIUM SAS	432941144	100%	98	5 000 000 €	31/12/2012
ALCATEL-LUCENT PARTICIPATIONS	333150043	100%	1	0 €	31/12/2012
ALCATEL-LUCENT UK LIMITED	02855052	100%	6	0 £	31/12/2012
ALCATEL-LUCENT TELECOM LIMITED	02650571	100%	94	2 150 000 £	31/12/2012
ALCATEL-LUCENT HOLDING GMBH	HRB 14755	75%	88	15 000 000 €	31/12/2011
ALCATEL-LUCENT DEUTSCHLAND AG	HRB 4026	100%	92	6 100 000 €	31/12/2012
RADIO FREQUENCY SYSTEMS GESELL...	HRB 52392	100%	71	670 000 €	31/12/2011
ALCATEL LUCENT HOLDINGS INC	-	100%	NC	-	-
HISPA-MA LUCENT TECHNOLOGIES INC...	US45549113	100%	76	3 300 $	-
LUCENT TECHNOLOGIES INTERNATIO...	US06980669	100%	6	64 200 $	-
ASCEND COMMUNICATIONS	US22677985	100%	NC	-	-
STRATUS WORLD TRADE CORPORATION	-	100%	NC	-	-
SRA COMPUTER C.V.	30147003	89%	84	6 000 €	-
LUCENT TECHNOLOGIES IREL...	IE295146	100%	NC	-	31/12/2008
LUCENT TECHNOLOGIES IN...	IE298410	100%	NC	-	31/12/2008
SRA HOLDINGS, LLC	US25509124	100%	92	6 300 $	-
SRA INVESTMENTS LLC	-	100%	NC	-	-
STRATUS COMPUTER INC	US19355558	100%	NC	-	-
LGS INNOVATIONS LLC	-	100%	NC	-	-
ALCATEL-LUCENT INTERNATIONAL HOLDINGS IN...	-	100%	NC	-	-
ALCATEL-LUCENT INDIA LIMITED	-	63.40%	NC	-	-
LUCENT TECHNOLOGIES INVESTMENT CO LTD	-	100%	NC	-	-
RADIO FREQUENCY SYSTEMS, INC	US45538556	100%	18	31 000 $	-
ALCATEL-LUCENT CHINA INVESTMENT CO LTD	-	100%	NC	-	-
CHATEAU MALESCASSE	335186300	100%	55	75 000 €	31/12/2012
SPATIAL WIRELESS INC	US17759582	Majority	73	7 300 $	-
ALCATEL LUCENT SERVICOS EM TELECOMMUNICA...	-	100%	NC	-	-
ALCATEL-LUCENT POLSKA SPZOO	-	68.41%	NC	-	-
ALCATEL LUCENT HOLDING SA DE C.V.	-	99.99%	NC	-	-
ALCATEL LUCENT MEXICO SA DE CV	-	100%	NC	-	-
ALCATEL LUCENT AUSTRALIA LIMITED	-	100%	NC	-	-
ALCATEL-LUCENT ENTERPRISE	602033185	100%	19	0 €	31/12/2011
ALCATEL BUSINESS SYSTEMS LIMITED	-	100%	NC	-	-
ALCATEL-LUCENT N.V.	27149369	100%	NC	-	31/12/2012
ALCATEL-LUCENT BELL NV	404621642	100%	99	14 400 000 €	31/12/2012
ALCATEL ZAO	-	100%	NC	-	-
BELL FINOPA NV	444599302	99.99%	72	265 000 €	31/12/2012
KBTP NV	-	99.96%	NC	-	-
ALCATEL-LUCENT ITALIA S.P.A.	MI350026	100%	NC	-	31/12/2012
ALCATEL-LUCENT AUSTRIA A.G.	-	99.98%	NC	-	-
ALCATEL-LUCENT PORTUGAL SA	-	100%	NC	-	-
ALCATEL-LUCENT NEDERLAND B.V.	27125800	100%	48	1 050 000 €	31/12/2011
ALCATEL-LUCENT SCHWEIZ AG	-	100%	NC	-	-
ALCATEL-LUCENT TELETAS TELEKOMUNIKASYON ...	-	65%	NC	-	-
ALCATEL LUCENT ESPAÑA	2266697	100%	80	4 685 300 €	31/12/2012
ALCATEL TAISEL	-	60%	NC	-	-
ALCATEL-LUCENT FRANCE	338966385	100%	1	0 €	31/12/2012
ADIXEN VACUUM PRODUCTS	085980357	100%	90	2 550 000 €	31/12/2012
ADIXEN VACUUM TECHNOLOGY (UK) ...	01897149	100%	NC	-	31/12/2010
ALCATEL VACUUM TECHNOLOGY KORÉA	-	51%	NC	-	-
ALCATEL VACUUM SYSTEMS SPA	-	100%	NC	-	-
ALCATEL VACUUM PRODUCTS, INC	US16412747	100%	76	27 000 $	-
ALCATEL HOCHVAKUUM TECHNIK GMB...	HRB 570027	100%	NC	-	31/12/2010
ALCATEL VACUUM TECHNOLOGY (UK)...	30107299	100%	NC	-	-
ALCATEL VACUUM TECHNOLOGY INDIA	-	100%	NC	-	-
ALCATEL-LUCENT SINGAPORE PTE LTD	-	100%	NC	-	-
BK-ADIXEN	-	68%	NC	-	-
TEKNOVID	-	72%	NC	-	-
ALCATEL VACUUM TECHNOLOGY TAIWAN	-	100%	NC	-	-
INFICON AB	5562099001	100%	98	1 200 KSEK	31/12/2012
ALCATEL-LUCENT JAPAN LTD	-	100%	NC	-	-
ALCATEL VACUUM TECHNOLOGY SHANGHAI	-	100%	NC	-	-
ALCATEL LUCENT & CENTRAL AFRICA	-	100%	NC	-	-
ALCATEL-LUCENT PARTICIPATIONS CHIN...	424693216	100%	100	520 000 €	31/12/2012
ALCATEL LUCENT BRASIL SA	-	87.10%	NC	-	-
ALCATEL LUCENT TECHNOLOGIES B.V.	32041830	100%	NC	-	31/12/2012
ALCATEL-LUCENT INTERNATIONAL	493378939	100%	19	0 €	31/12/2012
GENESYS TELECOMMUNICATIONS LABORAT...	410970586	100%	75	150 000 €	31/12/2012
SOC ELECTRO BANQUE	562064287	100%	95	250 000 €	-
ELECTRO-RE	B24739	100%	NC	-	-
ALCATEL-LUCENT NORWAY AS	916186398	100%	82	12 000 KNOK	31/12/2012
NETDEVICES, INC	US22966503	Majority	94	70 500 $	-
TROPIC NETWORKS	-	100%	NC	-	-
DATANG MOBILE	-	Majority	NC	-	-
VELOCIX LIMITED	04358049	Majority	97	100 000 £	31/12/2012
MOTIVE INC	-	Majority	NC	-	-
MOBILE NEWS CHANNEL	-	Majority	NC	-	-

Linkages

Company Name	SIREN	Last account	Rating	Limit	Turnover
ALCATEL-LUCENT FINANZ BETEILIGUNGS- UND ...	HRB 18368	31/12/2012	58	50 000 €	-
PFEIFFER VACUUM TECHNOLOGY AG	HRB 44	31/12/2012	99	8 500 000 €	471 842 000 €
ALCATEL-LUCENT SUBMARINE NETWORKS LIMITE...	01750343	31/12/2011	NC	-	299 400 000 £
ALCATEL-LUCENT SERVICES INTERNATIONAL B....	27149372	31/12/2012	89	970 000 €	-
LUCENT TECHNOLOGIES ITALIA S.P.A.	MI1617134	30/09/2012	NC	-	3 504 €
ALCATEL-LUCENT IRELAND LIMITED	IE085214	31/12/2012	74	1 000 €	17 846 068 €
DUNKERMOTOREN GMBH	HRB 703736	31/12/2009	NC	-	54 072 288 €
ALCATEL-LUCENT SWEDEN AB	5560924440	31/12/2012	99	8 900 KSEK	171 208 KSEK
SENSISTOR AB	5565367934	01/12/2006	NC	-	9 KSEK
ALCATEL TELECOM BETEILIGUNGSGESELLSCHAFT...	HRB 19856	31/12/2008	NC	-	-
ALCATEL-LUCENT DIGITALFUNK BETRIEBSGESEL...	HRB 125990 B	31/12/2012	47	83 000 €	42 050 181 €
LUCENT TECHNOLOGIES NEDERLAND B.V.	32038419	30/09/2006	NC	-	84 000 000 €
ALCATEL-LUCENT NETWORKS GMBH	HRB 110190	31/12/2011	NC	-	-
ALCATEL-LUCENT INTERNETWORKING DEUTSCHLA...	HRB 115530	31/12/2011	NC	-	-
ALCATEL SEL UNTERSTÜTZUNGS-GMBH	HRB 15792	31/12/2012	52	120 000 €	-
GENESYS TELECOMMUNICATIONS LABORATORIES ...	HRB 120985	31/12/2011	52	59 000 €	17 861 015 €
PFEIFFER VACUUM SYSTEMS GMBH	HRB 5009	30/04/2007	NC	-	-
ALCATEL-LUCENT NETWORK SERVICES GMBH	HRB 55564	31/12/2011	51	875 000 €	272 772 000 €
LUCENT TECHNOLOGIES NETWORK SYSTEMS UK L...	02022888	30/09/2006	NC	-	135 801 000 £
R.F.S. (UK) LIMITED	02497031	31/12/2012	94	100 000 £	9 282 986 £
ALCATEL PENSION TRUSTEES LIMITED	01478508	31/12/2012	82	1 000 £	225 700 £
ALCATEL-LUCENT CENTRO CARIBBEAN HOLDING ...	06807489	31/12/2012	72	25 000 £	71 240 £
RFS HOLDING GMBH	HRB 207293	31/12/2011	41	2 500 €	-
ALCATEL IP NETWORKS LIMITED	03934955	31/12/2012	94	100 000 £	10 065 233 £
SENSISTOR TECHNOLOGIES LIMITED	04327171	30/04/2005	NC	-	0 £
STC	00106921	31/12/2012	NC	-	-
ALCAD LIMITED	01674043	31/12/2012	NC	-	-
ALCATEL NETWORKS LIMITED	02020682	31/12/2012	NC	-	-
ALCATEL NETWORKS SERVICES LIMITED	03404726	31/12/2012	NC	-	-
EUROPE * STAR LIMITED	03562015	31/12/2012	NC	-	-
GATESHEAD TECHNOLOGY INNOVATION LIMITED	06698414	31/12/2012	NC	-	-
GTI HOLDINGS LIMITED	06873277	30/04/2013	NC	-	-
LUCENT PENSION TRUSTEES LIMITED	06931773	31/12/2012	NC	-	-
OFIPAR NV	449418024	-	NC	-	-
LUCENT TECHNOLOGIES PARSIPANIS	841581	-	NC	-	-
SENSISTOR TECHNOLOGIES GMBH	HRB 11631	-	NC	-	-
ALCATEL-LUCENT INTEGRATION SERVICES GMBH	HRB 53127	-	NC	-	-
LUCENT TECHNOLOGIES BETEILIGUNGS GMBH & ...	HRA 12288	-	NC	-	-
SDE SOFTWARE DEVELOPMENT ENGINEERING GMB...	HRB 21623	-	NC	-	-
ALCATEL SEL FACHHANDEL GMBH	HRB 2898	-	NC	-	-
PROGRAMMABLE WEB LLC	US06601635	-	54	1 600 $	160 000 $
ALCATEL-LUCENT USA, INC	US15803704	-	NC	-	5 000 000 $
MOTIVE PRODUCT GROUP	US16070338	-	15	106 000 $	21 204 000 $
CAPELLA PHOTONICS, INC	US22647325	-	6	7 200 $	0 $
ALCATEL-LUCENT USA INC	US23628128	-	45	1 000 000 $	7 940 000 000 $
DAY INVESTMENT INC	US33500274	-	31	600 $	0 $
ALCATEL LUCENT TECHNOLOGY OF PR	US34911230	-	54	1 200 $	0 $
BELLS LABS NANOFABRICATION CENTER	US42625899	-	94	8 400 $	563 000 $
EDIAL, INC	US43237406	-	94	58 900 $	3 929 000 $
LUCENT TECHNOLOGIES INTEGRATED SOLUTIONS	US46175971	-	NC	-	0 $
PFEIFFER VACUUM INC	US46209316	-	16	55 500 $	11 100 000 $
REACHVIEW TECHNOLOGIES	US46786670	-	28	900 $	0 $
SRA INVESTMENTS, LLC	US48902703	-	NC	-	359 000 $
ALCATEL-LUCENT BELL LABS	US49462548	-	31	1 000 000 $	2 000 000 000 $
WM FUNDING, LLC	US56093042	-	42	600 $	0 $
ALCATEL INTERNETWORKING INC	US56462261	-	5	700 $	0 $
LUCENT VENTURE PARTNERS INC	US59414561	-	NC	-	741 000 $
STRATUS WORLD TRADE CORP	US67772447	-	50	600 $	42 000 $
ALCATEL CIT	-	-		-	-
ALCATEL CIT (COMPANGNIE INDUSTRIELLE DE ...	-	-		-	-
ALCATEL SPACECOM SOCIETE PAR ACTIONS SIM	-	-		-	-
ALCATEL-LUCENT PARTICIPATION S.A.	-	-		-	-
RADIO FREQUENCY SYSTEMS GMBH	-	-		-	-
SENSISTOR TECHNOLOGIES INC	-	-		-	-

FINANCIAL INFORMATION

Trading to Date	12/31/2012	12/31/2011	12/31/2010
Turnover	169,417,350 €	225,039,493 €	220,938,477 €
Gross Operating Surplus	12,68 % Turnover	12,25 % Turnover	12,31 % Turnover
Shareholders’ equity	41,867,249 €	31,870,681 €	14,109,880 €
Net result	9,904,857 €	17,106,472 €	-6,017,139 €

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2012	31/12/2011	31/12/2010
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Date of capture	01/07/2013	27/07/2012	28/07/2011
Activity Code	2813Z	2813Z	2813Z
Employees	0	0	0

Active account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	31 641 031	-10,8%	35 471 454	-9,2%	39 047 898	246 660,50	12727,8%
- Intangible assets	1 625 046	56,6%	1 037 762	36,8%	758 624	28 407,50	5620,5%
- Tangible assets	26 732 888	-6,8%	28 696 746	18,5%	24 225 909	108 185	24610,3%
- Financial assets	3 283 097	-42,8%	5 736 946	-59,2%	14 063 365	7 145	45849,6%
Net current assets	82 826 938	-17,7%	100 579 455	-28,8%	141 242 106	1 628 117	4987,3%
- Stocks	23 130 005	-7,4%	24 982 002	-23,0%	32 435 535	595 151	3786,4%
- Advanced payments	65 777	-17,7%	40 060	-67,8%	124 575	0	0%
- Receivables	33 779 114	-27,7%	46 714 866	-51,6%	96 486 577	856 779,50	3842,6%
- Securities and cash	25 852 042	-10,4%	28 842 527	136,5%	12 195 419	166 895,50	15390,0%
- Prepaid expenses	-	-	-	-	-	0	-
Accounts of regularization	110 023	-51,5%	226 857	-73,7%	862 208	0	0%
Total Assets	114 577 992	-15,9%	136 277 766	-24,8%	181 152 212	2 007 183	5608,4%

Passive Account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Shareholders' equity	41 867 249	31,4%	31 870 681	125,9%	14 109 880	966 029	4234,0%
Share capital	9 424 000	0%	9 424 000	0%	9 424 000	343 500	2643,5%
Other capital resources	295 586	15,1%	256 705	136,6%	108 513	0	0%
Risk Provisions	14 470 870	-0,4%	14 526 723	33,1%	10 914 787	11 444	126349,4%
Liabilities	57 512 949	-35,7%	89 378 254	-42,6%	155 619 032	885 573,50	6394,4%
- Financial liabilities	24 130 819	-52,8%	51 169 250	1307,7%	3 634 962	69 481,50	34629,8%
- Advanced payments received	386 515	18,6%	326 005	-69,5%	1 069 164	0	0%
- Trade account payables	17 649 960	0,6%	17 542 607	-56,2%	40 071 835	376 277	4590,7%
- Tax and social liabilities	12 321 500	-23,5%	16 114 083	-19,0%	19 898 371	226 400	5342,4%
- Other debts and fixed assets liabilities	2 125 251	-33,0%	3 170 390	-96,5%	91 344 697	29 285,50	7157,0%
Account regularization	1 330 239	2,2%	1 301 318	0%	0	0	0%
Total liabilities	114 577 989	-15,9%	136 277 762	-24,8%	181 152 209	2 007 182	5608,4%

Results

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Sales of Goods	181 977 745	-23,3%	237 349 003	1,0%	235 070 828	3 143 193,50	5689,6%
Net turnover	169 417 350	-24,7%	225 039 493	1,9%	220 938 477	3 000 356	5546,6%
- of which net export turnover	146 518 920	-27,7%	202 779 337	3,0%	196 781 174	228 699,50	63966,1%
Operating charges	166 950 363	-23,7%	218 732 047	2,6%	213 172 685	3 145 118,50	5208,2%
Operating profit/loss	15 027 381	-19,3%	18 616 956	-15,0%	21 898 143	63 834	23441,3%
Financial income	1 815 038	-71,6%	6 400 784	-54,3%	13 995 649	3 732,50	48527,9%
Financial charges	2 941 169	-57,7%	6 958 206	-78,1%	31 838 539	8 698	33714,3%
Financial profit/loss	-1 126 130	-102,0%	-557 422	96,9%	-17 842 890	-2 730	-41150,2%
Pretax net operating income	13 901 250	-23,0%	18 059 534	345,3%	4 055 254	66 284,50	20872,1%
Extraordinary income	1 727 088	-90,8%	18 780 852	1994,8%	896 559	7 732	22236,9%
Extraordinary charges	1 941 772	-87,7%	15 851 041	202,2%	5 244 773	7 613,50	25404,3%
Extraordinary profit/loss	-214 684	-107,3%	2 929 811	167,4%	-4 348 214	-57	-376538,6%
Net result	9 904 857	-42,1%	17 106 472	384,3%	-6 017 139	64 185	15331,7%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2012	31/12/2011	31/12/2010
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to VI)	Net	114 577 992	-15,9%	136 277 766	-24,8%	181 152 212
Gross	CO	182 782 421	-8,0%	198 668 383	-18,3%	243 243 229
Amortisation	1A	68 204 429	9,3%	62 390 617	0,5%	62 091 017

Non declared distributed capital (I)

		31/12/2012		31/12/2011		31/12/2010
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

		31/12/2012		31/12/2011		31/12/2010
Total Active fixed asset (II)	Net	31 641 031	-10,8%	35 471 454	-9,2%	39 047 898
Gross	BJ	94 576 406	1,1%	93 587 925	-3,3%	96 767 510
Amortisation	BK	62 935 375	8,3%	58 116 471	0,7%	57 719 612

Intangible fixed assets

			31/12/2012		31/12/2011		31/12/2010
	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	801 138	-22,8%	1 037 762	36,8%	758 624
	Gross	AF	6 268 990	3,0%	6 084 446	10,5%	5 506 067
	Amortisation	AG	5 467 852	8,3%	5 046 684	6,3%	4 747 443
	Goodwill	Net	807 979	0%	0	0%	0
	Gross	AH	807 979	0%	0	0%	0
	Amortisation	AI	0	0%	0	0%	0
	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	15 929	0%	0	0%	0
	Gross	AL	15 929	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	1 625 046	56,6%	1 037 762	36,8%	758 624

Tangible fixed assets

		31/12/2012		31/12/2011		31/12/2010
Lands	Net	926 055	23,1%	752 061	10,3%	682 127
Gross	AN	1 375 414	16,6%	1 179 160	9,7%	1 074 745
Amortisation	AO	449 359	5,2%	427 099	8,8%	392 618
Buildings	Net	9 511 499	-3,9%	9 893 678	76,5%	5 605 358
Gross	AP	24 277 894	3,6%	23 430 000	24,7%	18 791 217
Amortisation	AQ	14 766 395	9,1%	13 536 322	2,7%	13 185 859
Plant	Net	14 828 327	-11,0%	16 666 567	26,3%	13 194 866
Gross	AR	51 867 369	2,3%	50 679 287	10,9%	45 706 333
Amortisation	AS	37 039 042	8,9%	34 012 720	4,6%	32 511 467
Other tangible fixed assets	Net	1 215 908	12,8%	1 078 239	33,3%	809 062
Gross	AT	4 679 487	6,7%	4 387 609	1,3%	4 330 033
Amortisation	AU	3 463 579	4,7%	3 309 370	-6,0%	3 520 971
Fixed assets in construction	Net	205 844	-26,7%	280 844	-92,4%	3 712 268
Gross	AV	205 844	-26,7%	280 844	-92,4%	3 712 268
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	45 255	78,5%	25 357	-88,6%	222 228
Gross	AX	45 255	78,5%	25 357	-88,6%	222 228
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	26 732 888		28 696 746		24 225 909

Financial assets

		31/12/2012		31/12/2011		31/12/2010
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	3 261 977	-43,0%	5 726 779	-59,3%	14 057 402
Gross	CU	5 011 125	-33,3%	7 511 055	-56,9%	17 418 656
Amortisation	CV	1 749 148	-2,0%	1 784 276	-46,9%	3 361 254
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	21 120	107,7%	10 167	70,5%	5 963
Gross	BH	21 120	107,7%	10 167	70,5%	5 963
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		3 283 097		5 736 946		14 063 365

Current Assets (III)

		31/12/2012		31/12/2011		31/12/2010
Total Assets	Net	82 826 938	-17,7%	100 579 455	-28,8%	141 242 106
Gross	CJ	88 095 992	-16,0%	104 853 601	-28,0%	145 613 511
Amortisation	CK	5 269 054	23,3%	4 274 146	-2,2%	4 371 405

Stocks

		31/12/2012		31/12/2011		31/12/2010
Raw materials	Net	10 848 774	-10,6%	12 139 240	-39,1%	19 919 201
Gross	BL	14 162 027	-4,2%	14 787 491	-35,5%	22 930 019
Amortisation	BM	3 313 253	25,1%	2 648 251	-12,0%	3 010 818
Work in progress (goods)	Net	2 778 330	-28,8%	3 904 243	-4,8%	4 101 669
Gross	BN	2 778 330	-28,8%	3 904 243	-4,8%	4 101 669
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	9 385 410	5,0%	8 938 519	6,2%	8 414 665
Gross	BR	10 893 243	5,6%	10 313 901	6,5%	9 680 117
Amortisation	BS	1 507 833	9,6%	1 375 382	8,7%	1 265 452
Goods for resale	Net	117 491	0%	0	0%	0
Gross	BT	117 491	0%	0	0%	0
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	23 130 005	-7,4%	24 982 002	-23,0%	32 435 535

Advance payments to suppliers

		31/12/2012		31/12/2011		31/12/2010
Advance payments to suppliers	Net	65 777	64,2%	40 060	-67,8%	124 575
Gross	BV	65 777	64,2%	40 060	-67,8%	124 575
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2012		31/12/2011		31/12/2010
Trade accounts receivable	Net	27 401 652	-22,8%	35 511 722	-37,5%	56 797 798
Gross	BX	27 849 620	-22,1%	35 762 235	-37,1%	56 892 933
Amortisation	BY	447 968	78,8%	250 513	163,3%	95 135
Other debtors	Net	6 150 674	-44,8%	11 149 372	-71,9%	39 660 395
Gross	BZ	6 150 674	-44,8%	11 149 372	-71,9%	39 660 395
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	33 552 326	-28,1%	46 661 094	-51,6%	96 458 193

Divers

		31/12/2012		31/12/2011		31/12/2010
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	25 852 042	-10,4%	28 842 527	136,5%	12 195 419
Gross	CF	25 852 042	-10,4%	28 842 527	136,5%	12 195 419
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	25 852 042	-10,4%	28 842 527	136,5%	12 195 419

Prepaid expenses

		31/12/2012		31/12/2011		31/12/2010
Prepaid expenses	Net	226 788	321,8%	53 772	89,4%	28 384
Gross	CH	226 788	321,8%	53 772	89,4%	28 384
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2012		31/12/2011		31/12/2010
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	110 023	-51,5%	226 857	-73,7%	862 208
Gross		110 023	-51,5%	226 857	-73,7%	862 208

References

		31/12/2012		31/12/2011		31/12/2010
Due within one year	CP	1 525	-38,2%	2 468	0%	0
Due after one year	CR	0	0%	468 973	334,8%	107 870

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)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to V)	EE	114 577 989	-15,9%	136 277 762	-24,8%	181 152 209

Shareholder Equity (I)

		31/12/2012		31/12/2011		31/12/2010
Total shareholders' equity (Total I)	DL	41 867 249	31,4%	31 870 681	125,9%	14 109 880
Equity and shareholders' equity	DA	9 424 000	0%	9 424 000	0%	9 424 000
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	942 400	0%	942 400	0%	942 400
Statutory or contractual reserve	DE	204	-0,5%	205	0%	205
Special regulated reserves	DF	27 839	0%	27 839	0%	27 839
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	13 333 140	453,4%	-3 773 332	-268,2%	2 243 807
Profit or loss for the period	DI	9 904 857	-42,1%	17 106 472	384,3%	-6 017 139
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	8 234 809	1,1%	8 143 097	8,7%	7 488 768

Other capital resources (II)

		31/12/2012		31/12/2011		31/12/2010
Total other capital resources (Total II)	DO	295 586	15,1%	256 705	136,6%	108 513
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	295 586	15,1%	256 705	136,6%	108 513

Provisions for risks and charges (III)

		31/12/2012		31/12/2011		31/12/2010
Total provisions for risks and charges (Total III)	DR	14 470 870	-0,4%	14 526 723	33,1%	10 914 787
Risk provisions	DP	10 170 696	-7,2%	10 963 723	42,6%	7 690 987
Reserves for charges	DQ	4 300 174	20,7%	3 563 000	10,5%	3 223 800

Liabilities (IV)

		31/12/2012		31/12/2011		31/12/2010
Total Liabilities (Total IV)	EC	57 512 949	-35,7%	89 378 254	-42,6%	155 619 032
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	0	0%	0	0%	0
Sundry loans and financial liabilities	DV	24 130 819	-52,8%	51 169 250	1307,7%	3 634 962
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	386 515	18,6%	326 005	-69,5%	1 069 164
Trade accounts payables	DX	17 649 960	0,6%	17 542 607	-56,2%	40 071 835
Tax and social security liabilities	DY	12 321 500	-23,5%	16 114 083	-19,0%	19 898 371
Fixed asset liabilities	DZ	1 653 331	-42,7%	2 883 840	-9,6%	3 188 744
Other debts	EA	40 585	-1,4%	41 151	-100,0%	87 755 955

Translation loss (V)

		31/12/2012		31/12/2011		31/12/2010
Translation loss (Total V)	ED	431 335	75,8%	245 399	-38,6%	399 998

Equalization accounts

		31/12/2012		31/12/2011		31/12/2010
Deferred income	EB	1 330 239	2,2%	1 301 318	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	54 510 560	38,5%	39 364 081	-40,9%	66 561 045
Of which current bank facilities	EH	0	0%	0	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)

		31/12/2012		31/12/2011		31/12/2010
Operating result (Total I-II)	GG	15 027 381	-19,3%	18 616 956	-15,0%	21 898 143

2 - Financial result (V - VI)

		31/12/2012		31/12/2011		31/12/2010
Financial result (Total V-VI)	GV	-1 126 130	-102,0%	-557 422	96,9%	-17 842 890

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

		31/12/2012		31/12/2011		31/12/2010
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	13 901 250	-23,0%	18 059 534	345,3%	4 055 254

4 - Extraordinary result (VII-VIII)

		31/12/2012		31/12/2011		31/12/2010
Extraordinary result (Total VII-VIII)	HI	-214 684	-107,3%	2 929 811	167,4%	-4 348 214

Profit or loss

		31/12/2012		31/12/2011		31/12/2010
Profit or loss	HN	9 904 857	-42,1%	17 106 472	384,3%	-6 017 139

Total Income (I+III+V+VII)

		31/12/2012		31/12/2011		31/12/2010
Total Income (I+III+V+VII)	HL	185 519 871	-29,3%	262 530 639	5,0%	249 963 036

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

		31/12/2012		31/12/2011		31/12/2010
Total charges (Total II+IV+VI+VIII+IX+X)	HM	175 615 013	-28,4%	245 424 167	-4,1%	255 980 176

Operating income (I)

		31/12/2012		31/12/2011		31/12/2010
Total operating income (Total I)	FR	181 977 745	-23,3%	237 349 003	1,0%	235 070 828

Operating income (details)

		31/12/2012		31/12/2011		31/12/2010
Sale of goods for resale	FC	2 054 850	0%	0	0%	0
France	FA	2 054 850	0%	0	0%	0
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	154 243 700	-26,4%	209 601 568	0,6%	208 260 988
France	FD	15 186 393	-1,3%	15 390 125	-16,2%	18 367 046
Export	FE	139 057 307	-28,4%	194 211 443	2,3%	189 893 942
Sale of services	FI	13 118 799	-15,0%	15 437 925	21,8%	12 677 489
France	FG	5 657 185	-17,7%	6 870 031	18,6%	5 790 257
Export	FH	7 461 613	-12,9%	8 567 894	24,4%	6 887 232
Net turnover	FL	169 417 350	-24,7%	225 039 493	1,9%	220 938 477
France	FJ	22 898 430	2,9%	22 260 156	-7,9%	24 157 304
Export	FK	146 518 920	-27,7%	202 779 337	3,0%	196 781 174
Stocked production	FM	-756 103	-273,3%	436 358	-70,6%	1 482 535
Self-constructed assets	FN	95 998	-15,1%	113 058	6,6%	106 022
Operating grants	FO	3 014 021	-7,0%	3 241 273	55,7%	2 082 192
Release of reserves and provisions	FP	10 158 137	23,4%	8 233 964	-11,2%	9 272 645
Other income	FQ	48 341	-83,0%	284 857	-76,0%	1 188 957

Operating charges (II)

		31/12/2012		31/12/2011		31/12/2010
Total operating charges (Total II)	GF	166 950 363	-23,7%	218 732 047	2,6%	213 172 685

Exploitation charges

		31/12/2012		31/12/2011		31/12/2010
Purchase of goods for resale	FS	5 976 222	0%	0	0%	0
Change in stocks of goods for resale	FT	14 911	0%	0	0%	0
Purchase of raw materials	FU	62 099 432	-34,6%	94 902 821	-18,1%	115 871 888
Change in stocks of raw materials	FV	493 061	-93,9%	8 142 527	194,8%	-8 585 770
Other external purchases and charges	FW	39 287 221	-31,5%	57 345 046	10,6%	51 832 176
Tax, duty and similar payments	FX	3 693 565	-3,3%	3 820 565	5,6%	3 616 448
Payroll	FY	26 526 719	6,0%	25 029 698	4,2%	24 024 682
Social security costs	FZ	12 196 630	1,5%	12 017 232	12,8%	10 656 609

Depreciation

		31/12/2012		31/12/2011		31/12/2010
Depreciation of fixed assets	GA	5 424 035	2,8%	5 277 093	14,6%	4 603 495
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	2 453 081	35,5%	1 810 520	122,4%	813 960
Provisions for risks and charges	GD	8 191 514	-20,3%	10 278 455	50,8%	6 816 878

Other charges

		31/12/2012		31/12/2011		31/12/2010
Other charges	GE	593 967	449,5%	108 090	-96,9%	3 522 320

Operating charges (III-IV)

		31/12/2012		31/12/2011		31/12/2010
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)

		31/12/2012		31/12/2011		31/12/2010
Total financial income (Total V)	GP	1 815 038	-71,6%	6 400 784	-54,3%	13 995 649
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	373 724	395,2%	75 472
Other interest and similar income	GL	625 303	3074,4%	19 698	5,0%	18 762
Released provisions and transferred charges	GM	275 553	-90,2%	2 818 599	-76,0%	11 748 071
Exchange gains	GN	914 181	-71,3%	3 188 763	48,1%	2 153 345
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		31/12/2012		31/12/2011		31/12/2010
Total financial charge (Total VI)	GU	2 941 169	-57,7%	6 958 206	-78,1%	31 838 539
Financial reserves and provisions	GQ	418 023	-46,8%	786 270	-75,8%	3 247 889
Interest and similar charges	GR	1 626 081	-45,2%	2 965 022	-88,3%	25 448 646
Exchange losses	GS	897 064	-72,0%	3 206 914	2,1%	3 142 003
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/12/2012		31/12/2011		31/12/2010
Total extraordinary income (Total VII)	HD	1 727 088	-90,8%	18 780 852	1994,8%	896 559
Extraordinary operating income	HA	3 620	-9,1%	3 983	204,0%	1 310
Extraordinary income from capital transactions	HB	83	-100,0%	17 316 318	4246,1%	398 433
Released provisions and transferred charges	HC	1 723 385	18,0%	1 460 551	194,0%	496 816

Extraordinary charges (VIII)

		31/12/2012		31/12/2011		31/12/2010
Total extraordinary charges (Total VIII)	HH	1 941 772	-87,7%	15 851 041	202,2%	5 244 773
Extraordinary operating charges	HE	58 802	-94,1%	1 004 570	-22,3%	1 292 185
Extraordinary charges from capital transactions	HF	83	-100,0%	12 656 544	354,7%	2 783 432
Extraordinary reserves and provisions	HG	1 882 887	-14,0%	2 189 927	87,3%	1 169 156

Employee profit sharing (IX)

		31/12/2012		31/12/2011		31/12/2010
Employee profit sharing (Total IX)	HJ	1 682 900	7,1%	1 572 000	-22,6%	2 030 000

Tax on profits (X)

		31/12/2012		31/12/2011		31/12/2010
Tax on profits (Total X)	HK	2 098 809	-9,2%	2 310 873	-37,4%	3 694 179

References

		31/12/2012		31/12/2011		31/12/2010
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	10 956	-93,1%	158 817	198,2%	53 260
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	382 028	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
Grand Total Fixed Assets (I to IV)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	OG	0	0%	0	0%	0
Increases due to revaluation	OH	0	0%	0	0%	0
Decreases, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreases by budget item transfer	OK1	0	0%	0	0%	0
Decreases by transfers	OK2	0	0%	0	0%	0
Gross value at the end of period	OL	0	0%	0	0%	0

Research and development Charge (Total I)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	CZ	0	0%	0	0%	0
Increases due to revaluation	KB	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreases by budget item transfer	C01	0	0%	0	0%	0
Decreases 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)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	KD	0	0%	0	0%	0
Increases due to revaluation	KE	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	KF	0	0%	0	0%	0
Decreases by budget item transfer	LV1	0	0%	0	0%	0
Decreases by transfers	LV2	0	0%	0	0%	0
Gross value at the end of period	LW	0	0%	0	0%	0

Tangible fixed assets (Total III)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	LN	0	0%	0	0%	0
Increases due to revaluation	LO	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	LP	0	0%	0	0%	0
Decreases by budget item transfer	NG1	0	0%	0	0%	0
Decreases by transfers	NG2	0	0%	0	0%	0
Gross value at the end of period	NH	0	0%	0	0%	0

Financial assets (Total IV)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	LQ	0	0%	0	0%	0
Increases due to revaluation	LR	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	LS	0	0%	0	0%	0
Decreases by budget item transfer	NJ1	0	0%	0	0%	0
Decreases by transfers	NJ2	0	0%	0	0%	0
Gross value at the end of period	NK	0	0%	0	0%	0

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

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreases		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)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreases		PC	0	0%	0	0%	0
	Decreases by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	PE	0	0%	0	0%	0
Increases		PF	0	0%	0	0%	0
Decreases		PG	0	0%	0	0%	0
	Decreases by budget item transfer	PH	0	0%	0	0%	0

Total fixed assets amortisation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	QU	0	0%	0	0%	0
Increases		QV	0	0%	0	0%	0
Decreases		QW	0	0%	0	0%	0
	Decreases by budget item transfer	QX	0	0%	0	0%	0

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2012		31/12/2011		31/12/2010
	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
	Decreases by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2012		31/12/2011		31/12/2010
	Net value at beginning 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)

			31/12/2012		31/12/2011		31/12/2010
	Value at beginning of period	7C	0	0%	0	0%	0
Increases		UB	0	0%	0	0%	0
Decreases		UC	0	0%	0	0%	0
	Value at the end of period	UD	0	0%	0	0%	0

Includes Total allocations

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

Includes Total Withdrawal

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

Total regulated provisions (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Value at beginning 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)

			31/12/2012		31/12/2011		31/12/2010
	Value at beginning of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Value at beginning 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

		31/12/2012		31/12/2011		31/12/2010
Gross value	VT	0	0%	0	0%	0
1 year at most	VU	0	0%	0	0%	0
More than one year	VV	0	0%	0	0%	0

State of loans

		31/12/2012		31/12/2011		31/12/2010
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%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2012		31/12/2011		31/12/2010
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	0	0%	0	0%	0
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%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	0	0%	0
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%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0	0%	0

Prepaid

		31/12/2012		31/12/2011		31/12/2010
Prepaid	VS	0	0%	0	0%	0

State Debt

			31/12/2012		31/12/2011		31/12/2010
	Total debt (gross)	VY	0	0%	0	0%	0
1 year at most		VZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2012		31/12/2011		31/12/2010
	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%	0
1 year at most		8B2	0	0%	0	0%	0
More than 1 year and 5 years at most		8B3	0	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	0	0%	0
1 year at most		8C2	0	0%	0	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	0	0%	0
1 year at most		8D2	0	0%	0	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	0	0%	0
1 year at most		VW2	0	0%	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	0	0%	0
1 year at most		VQ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	0	0%	0	0%	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%	0
1 year at most		8K2	0	0%	0	0%	0
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
Average number of employees	YP	0	0%	0	0%	0

Groups and Shareholders

		31/12/2012		31/12/2011		31/12/2010
Groups and Shareholders	ZR	612	-	612	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Fixed Asset Financing	1,52	-9,0%	1,67	87,6%	0,89	1,94	-21,6%
Global Debt	122 days	-14,7%	143 days	-43,7%	254 days	116 days	5,2%
Working Capital Fund overall net	104 days	4,0%	100 days	688,2%	-17 days	82 days	26,8%
Financial independence	%	-	%	-	%	698,10%	-
More ratios
Solvability	36,80%	56,1%	23,57%	200,3%	7,85%	43,93%	-16,2%
Capacity debt futures	%	-	%	-	%	1455,91%	-
Coverage of current assets by net working capital overall	55,91%	-6,0%	59,50%	942,8%	-7,06%	45,96%	21,6%
General Liquidity		-		-		0,92	-
Restricted Liquidity		-		-		1,28	-

Management or rotation

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Need background in operating working capital	52 days	-7,1%	56 days	251,4%	-37 days	53 days	-1,9%
Treasury	55 days	19,6%	46 days	130,0%	20 days	16 days	243,8%
Inventory turnover of goods	7 days	-	days	-	days	46 days	-84,8%
Average length of credit granted to customers	59 days	3,5%	57 days	-38,7%	93 days	78 days	-24,4%
Average length of credit obtained suppliers	59 days	51,3%	39 days	-57,1%	91 days	73 days	-19,2%
More ratios
Inventory turnover of raw materials in industrial enterprises	82 days	46,4%	56 days	-21,1%	71 days	46 days	78,3%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	512 days	-
Rotation tangible assets	%	-	%	-	%	608,75%	-

Profitability of the business

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Margin trading	-2,32%	0%	0%	0%	0	0,01%	-23300%
Profitability of the business	12,68	3,5%	12,25	-0,5%	12,31	5,53%	129,3%
Net profit	5,85%	-23,0%	7,60%	379,4%	-2,72%	3,24%	80,6%
More ratios
Growth rate of turnover (excluding VAT)	-24,72%	-1429,0%	1,86%	-98,6%	134,55%	0,93%	-2758,1%
Rates integration	35,94%	24,1%	28,97%	0,9%	28,70%	31,88%	12,7%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	63,60%	11,9%	56,82%	3,9%	54,69%	74,47%	-14,6%
Weight interests	1,74	-43,7%	3,09%	-78,6%	14,41%	0,36%	383,3%

Return on capital

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Cash flow from the overall profitability	10,41%	13,2%	9,20%	277,0%	2,44%	4,38%	137,7%
Rates of economic profitability	32%	-3,0%	33%	-78,3%	152%	15,50%	106,5%
Financial profitability	42162835%	31,2%	32127386%	126,0%	14218393%	932040%	4423,7%
Return on investment	19,38%	-32,9%	28,89%	-80,0%	144,63%	9,62%	101,5%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Turnover	169 417 350	-24,7%	225 039 493	1,9%	220 938 477	3 000 356 €	5546,6%

Sales of goods	2 054 850	0%	0	0%	0
- Purchase of goods	5 976 222	0%	0	0%	0
+/- Stock of goods variation	14 911	0%	0	0%	0
Trading margin	-3 936 283 €	0%	0 €	0%	0 €	0 €	0%
	-2,32 % CA	0%	0,00 % CA	0%	0,00 % CA	0,27 % CA	-959,3%

Sale of goods produced	167 362 499	-25,6%	225 039 493	1,9%	220 938 477
+/- Stocked production	-756 103	-273,3%	436 358	-70,6%	1 482 535
+ Self-constructed assets	95 998	-15,1%	113 058	6,6%	106 022
Period production	166 702 394 €	-26,1%	225 588 909 €	1,4%	222 527 034 €	1 573 439,50 €	10494,8%
	98,40 % CA	-1,8%	100,24 % CA	-0,5%	100,72 % CA	98,26 % CA	0,1%

Trading margin	-3 936 283	0%	0	0%	0	0	0%
+ Period Production	166 702 394	-26,1%	225 588 909	1,4%	222 527 034	1 573 439,50	10494,8%
- Purchase of raw materials	62 099 432	-34,6%	94 902 821	-18,1%	115 871 888
+/- Change in stocks of raw materiels	493 061	-93,9%	8 142 527	194,8%	-8 585 770
- Other external purchases and charges	39 287 221	-31,5%	57 345 046	10,6%	51 832 176
Added value	60 886 397 €	-6,6%	65 198 515 €	2,8%	63 408 740 €	831 527 €	7222,2%
	35,94 % CA	24,1%	28,97 % CA	0,9%	28,70 % CA	31,88 % CA	12,7%

Added value	60 886 397 €	-6,6%	65 198 515 €	2,8%	63 408 740 €	831 527 €	7222,2%
+ Operating grants	3 014 021	-7,0%	3 241 273	55,7%	2 082 192
- Tax, duty and similar payments	3 693 565	-3,3%	3 820 565	5,6%	3 616 448
- Personal charges	38 723 349	4,5%	37 046 930	6,8%	34 681 291
Gross operating surplus	21 483 504 €	-22,1%	27 572 293 €	1,4%	27 193 193 €	106 254 €	20119,0%
	12,68 % CA	3,5%	12,25 % CA	-0,5%	12,31 % CA	5,53 % CA	129,3%

Gross operating surplus	21 483 504 €	-22,1%	27 572 293 €	1,4%	27 193 193 €	106 254 €	20119,0%
+ Release of reserves and provisions	10 158 137	23,4%	8 233 964	-11,2%	9 272 645
+ Other operating income	48 341	-83,0%	284 857	-76,0%	1 188 957
- Depreciation/Amortisation	16 068 630	-7,5%	17 366 068	41,9%	12 234 333
- Other charges	593 967	449,5%	108 090	-96,9%	3 522 320
Operating result	15 027 385 €	-19,3%	18 616 956 €	-15,0%	21 898 142 €	63 834 €	23441,3%
	8,87 % CA	7,3%	8,27 % CA	-16,5%	9,91 % CA	3,97 % CA	123,4%

Operating result	15 027 385 €	-19,3%	18 616 956 €	-15,0%	21 898 142 €	63 834 €	23441,3%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	1 815 038	-71,6%	6 400 784	-54,3%	13 995 649
- Financial charges	2 941 169	-57,7%	6 958 206	-78,1%	31 838 539
Pre-tax result	13 901 254 €	-23,0%	18 059 534 €	345,3%	4 055 252 €	66 284,50 €	20872,1%
	8,21 % CA	2,2%	8,03 % CA	336,4%	1,84 % CA	4,24 % CA	93,6%

Extraordinary income	1 727 088	-90,8%	18 780 852	1994,8%	896 559	7 732	22236,9%
- Extraordinary charges	1 941 772	-87,7%	15 851 041	202,2%	5 244 773
Extraordinary result	-214 684 €	-107,3%	2 929 811 €	167,4%	-4 348 214 €	-57 €	-376538,6%
	-0,13 % CA	-110,0%	1,30 % CA	166,0%	-2 % CA	-00,01 % CA	-1200%

Pre-tax result	13 901 254 €	-23,0%	18 059 534 €	345,3%	4 055 252 €	66 284,50 €	20872,1%
Extraordinary result	-214 684 €	-107,3%	2 929 811 €	167,4%	-4 348 214 €	-57 €	-376538,6%
- Employee profit sharing	1 682 900	7,1%	1 572 000	-22,6%	2 030 000
- Tax on profits	2 098 809	-9,2%	2 310 873	-37,4%	3 694 179
Net result	9 904 861 €	-42,1%	17 106 472 €	384,3%	-6 017 141 €	64 185 €	15331,7%
	5,85 % CA	-23,0%	7,60 % CA	379,4%	-2,72 % CA	3,24 % CA	80,6%

FOREIGN EXCHANGE RATES

N/a

ADDITIONAL INFORMATION

Company details

Activity (APE)	Manufacture of other pumps and compressors
RCS Registration	RCS 9 085 980 357	Share capital	9,424,000 Euros
Registration Court	(74)	Legal form	Simplified joint stock company
Court Registry Number	19 9 8B00369	EUR VAT Number	FR41085980357
Incorporation Date	07/1959	Formation Date	01/1959
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Establishment details

Activity (APE)	Manufacture of other pumps and compressors	Business Pages FT®
Postal Address	ADIXEN VACUUM PRODUCTS PFEIFFER VACUUM 98 AV DE BROGNY 74000 ANNECY	Trading Address	98 AVENUE DE BROGNY 74000 ANNECY
Telephone	04 50 65 77 77
Fax

Type	Secondary establishment	Status	Economically active
Formation Date	05/1998	Reason for formation	Other
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Haute-Savoie (74)	Region	Rhône-Alpes
District	1	Area	99
City	ANNECY	Size of urban area	Urban unit with 100 000 to 199 999 inhabitants

Other establishments

Branches	3 branch entities in this company
Head office	> ADIXEN VACUUM PRODUCTS <<<  - Fabrication d'autres pompes et compresseurs (2813Z) in ANNECY  (74000)
Secondary establishments	>  ADIXEN VACUUM PRODUCTS  - Manufacture of other pumps and compressors >  ADIXEN VACUUM PRODUCTS  - Manufacture of other pumps and compressors >  ADIXEN VACUUM Manufacture of other pumps and compressors >  ADIXEN VACUUM PRODUCTS  - Manufacture of other pumps and compressors > ...

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

500 to 999 employees

Company workforce

500 to 999 employees

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
25/07/2013	Bodacc C	Annual accounts and reports
74 - HAUTE-SAVOIE GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY 6462 - 085980357 RCS. ADIXEN VACUUM PRODUCTS. Form: Simplified Joint Stock Company. Address: 98 Avenue De Brogny 74000 Annecy. Comments: Annual accounts and reports for the year ended: 31/12/2012.
30/08/2012	Bodacc C	Comptes annuels et rapports
74 - HAUTE-SAVOIE GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY 10276 - 085980357 RCS. ADIXEN VACUUM PRODUCTS. Form: Simplified Joint Stock Company. Address: 98 Avenue De Brogny 74000 Annecy. Comments: Annual accounts and reports for the year ended: 31/12/2011.
30/06/2012	Bodacc B	Modification et mutation diverse
74 - HAUTE-SAVOIE GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY 1361 - 085 980 357 RCS Annecy. ADIXEN VACUUM PRODUCTS. Form: Simplified Joint Stock Company. Address: 98 Avenue De Brogny 74000 Annecy. Comments: Annual accounts and reports for the year ended: . Commentaires : Adjonction du nom commercial.
13/04/2011	Bodacc B	Modification et mutation diverse
74 - HAUTE-SAVOIE GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY 3230 - 085 980 357 RCS Annecy. ADIXEN VACUUM PRODUCTS. Form: Simplified Joint Stock Company. Address: 98 Avenue De Brogny 74000 Annecy. Comments: Annual accounts and reports for the year ended . Commentaires : Modification de la dénomination.
06/04/2011	Bodacc B	Modification et mutation diverse
74 - HAUTE-SAVOIE GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY 1512 - 085 980 357 RCS Annecy. ALCATEL VACUUM TECHNOLOGY FRANCEForm: Simplified Joint Stock Company. Directors: Jean-Yves Alexandre GUEGAN name usage: GUEGAN is no longer president. Eric TABERLET name usage: TABERLET is no longer CEO. Eric TABERLET name usage: TABERLET becomes president. Activity. Comments: Change of Directors.
31/01/2011	JAL	Appointment of the social representative
Dauphiné Libéré (Le)/Edition Annecy et Rumilly Société faisant l'objet d'une nomination : 085980357 - ALCATEL VACUUM TECHNOLOGY FRANCE, 98 AV DE BROGNY, 74000 ANNECY Nominé : Monsieur Jean-Yves GUEGAN, Allée du Bouverat, 74290 MENTHON ST BERNARD En la fonction de : Président Date d'effet : 31/12/2010
16/12/2010	Bodacc B	Modification et mutation diverse
74 - HAUTE-SAVOIE GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY 2386 - 085 980 357 RCS Annecy. ALCATEL VACUUM TECHNOLOGY FRANCE. Form: Simplified Joint Stock Company. Administration: Changing the designation of a leader: Statutory Auditor ERNST & YOUNG. Philippe Puech LESTRADE name usage: Puech LESTRADE is no longer deputy auditor. Co simplified stock AUDITEX becomes deputy auditor. Activity. Comments: Change of Directors.
19/11/2010	Bodacc B	Modification et mutation diverse
74 - HAUTE-SAVOIE GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY 1581 - 085 980 357 RCS Annecy. ALCATEL VACUUM TECHNOLOGY FRANCEForm: Simplified Joint Stock Company. Activity. Head Office Address: 98 avenue De Brogny, 74009 Annecy. Comments: New Headquarters.
20/09/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 4665 - 085980357 RCS. ALCATEL VACUUM TECHNOLOGY FRANCE. Form: Simplified joint stock company. Address: 12 R DE LA BAUME 75008 PARIS. Comments: Annual accounts and reports for the year ended: 31/12/2009.
23/06/2010	JAL	Head Office Transfer
AFFICHES PARISIENNES ET DEPARTEMENTALES Decision Date: 07/06/2010 Transfer of the registered office of the company 085980357 - ALCATEL VACUUM TECHNOLOGY FRANCE Address of the new headquarters: 3 AVENUE OCTAVE Gréard, 75007 PARIS Former location: 12 RUE DE LA BAUME, 75008 PARIS 8
24/09/2009	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 4505 - 085980357 RCS. ALCATEL VACUUM TECHNOLOGY FRANCEForm: Simplified joint stock company. Address: 12 rue de La Baume 75008 Paris. Comments: Annual accounts and reports for the year ended: 31/12/2008.
22/07/2009	Bodacc B	Modification et mutation diverse
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 1323 - 085 980 357 RCS Paris. ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : Société par actions simplifiée. Administration : nomination du Directeur général : Taberlet, Eric. Capital : 9424000 EUR. Adresse du siège social : 12 rue de La Baume, 75008 Paris. Commentaires : modification survenue sur l'administration.
22/10/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6622 - 085980357 RCS. ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : Société par actions simplifiée. Adresse : 12 rue de La Baume 75008 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
25/01/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 8448 - 085980357 RCS. ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : Société par actions simplifiée. Adresse : 12 rue de La Baume 75008 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.
23/09/2006	Bodacc C	Avis de dépôt des comptes
1230 - RCS Paris B 085 980 357. RC 97-B 15623. ALCATEL VACUUM TECHNOLOGY FRANCE. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: 12, R de la Baume,Paris, 75008 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
07/10/2005	Bodacc C	Avis de dépôt des comptes
5 - RCS Paris B 085 980 357. RC 97-B 15623. ALCATEL VACUUM TECHNOLOGY FRANCE. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: 12, R de la Baume,Paris, 75008 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
23/06/2004	Bodacc B	Modifications et mutations diverses
RCS Paris B 085980357 RC 97-B 15623 ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : S.A.S. Commentaires : modification survenue sur la forme juridique et l' administration. Administration : modification du président : GUEGAN ( Jean-Yves, Alexandre). Administrateurs partants : STOFFEL (Fabienne, Madeleine, Caroline) MASSEAU (Georges, Alain, Auguste, René) CALEMARD (Olivier, Charles, Jacques).
19/04/2002	Bodacc A	Création d'établissement
RCS Annecy 380706200 RC 91-B 103 ALLIANCE CONCEPT. Forme : S.A.R.L. Capital : 418 000 euros. Adresse du siège social : 4 avenue du Pont-de-Tasset, 74960 Cran- Gevrier Etablissement principal: Activité : fabrication, modification et maintenance de systèmes de dépots sous- vide et ablation laser selon différentes techniques pulvérisation cathodique, évaporation sous vide, par canon à électrons ou à ions. Adresse : 4 avenue du Pont-de-Tasset, 74960 Cran- Gevrier Branche d'activité, dépendant de l'établissement principal, acquise par achat au prix stipulé de 4 573,47 euros. Date d'effet : 6 février 2002. Précédent propriétaire : ALCATEL VACUUM TECHNOLOGY FRANCE. RCS Paris 085980357 Publication légale: Hebdo de Savoie du 22 février 2002. Oppositions : au fonds.
06/03/2002	Bodacc B	Modifications et mutations diverses
RCS Paris B 085980357 RC 97-B 15623 ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : modification du P.-D.G. : GUEGAN (Jean- Yves, Alexandre).
18/01/2002	Bodacc B	Modifications et mutations diverses
RCS Paris B 085980357 RC 97-B 15623 ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : S.A. Capital : 9 424 000 euros. Commentaires : modification survenue sur le capital (augmentation).
12/08/1999	Bodacc B	Modifications et mutations diverses
*. RCS Paris B 085 980 357 RC 97-B 15623 ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : suppression : administrateur : GOGUEL ( Claude, Arnaud). Nomination en qualité d'administrateur : GALEMARD (Olivier, Charles, Jacques).
13/06/1999	Bodacc B	Modifications et mutations diverses
RCS Paris B 085980357 RC 97-B 15623 ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : IMBERT (Frank, Jean-Marie). Nomination d'un administrateur : MASSEAU (Georges, Alain, Auguste, René).
12/09/1998	Bodacc A	Création d'établissement
RCS B 085 980 357 A dater du: 30 juin 1998 RC 98-B 369 ALCATEL VACUUM TECHNOLOGY FRANCE. Forme : S.A. Capital : 62 000 000 de F. Adresse du siège social : 12 rue de la Baume 75008 Paris Etablissement principal: Activité : toutes activités de technologie du vide. Adresse : 98 avenue de Brogny 74009 Annecy Etablissement principal acquis par apport au montant évalué à 61 700 000 F Date de début d'activité: 1er mai 1998. Précédent propriétaire : ALCATEL CIT. RCS B 338 966 385 Publication légale: Les Petites affiches du 30 mars 1998.
09/06/1998	Bodacc B	Modifications et mutations diverses
RCS Paris B 085 980 357 RC 97-B 15623 ALCATEL VACUMM TECHNOLOGY FRANCE. Forme : S.A. Capital : 62 000 000 de F. Commentaires : modification survenue sur la dénomination, le capital ( augmentation) et l'administration. Administration : commissaire aux comptes titulaire partant : CABINET COMPTA SUD. Nomination du commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES S.C.P. Commissaire aux comptes suppléant partant : MENNESSON (André). Nomination du commissaire aux comptes suppléant : PUECH-LESTRADE (Philippe).
08/03/1998	Bodacc B	Modifications et mutations diverses
RCS Paris B 085 980 357 RC 97-B 15623 SOCIETE QUEMBRE. Forme : S.A. Activité : toutes activités de technologie du vide. Commentaires : modification survenue sur l'activité et l'administration. Administration : président du conseil d' administration partant : LAGUE, née ABGRALL (Anne-Marie). Nomination du président du conseil d'administration : GUEGAN (Jean-Yves, Alexandre). Administrateurs partants : COMPAGNIE IMMOBILIERE MERIDIONALE CENTRE D' EXPERTISE INTERNATIONAL STE IMMOBILIERE KLEBER LAURISTON. Nomination d'administrateurs : GOGUEL ( Claude, Arnaud) IMBERT (Franck, Jean- Marie) STOFFEL (Fabienne, Madeleine, Caroline).
02/01/1998	Bodacc B	Modifications et mutations diverses
RCS *. RCS Nanterre B 085 980 357 RC RC 91-B 5622 SOCIETE QUEMBRE. Forme : S.A.R. L. Adresse du siège social : 30, rue Pierre-Bérégovoy 92110 Clichy Date de radiation: 16 décembre 1997.
26/12/1997	Bodacc B	Modifications et mutations diverses
RCS *. RCS Paris B 085 980 357 RC RC 97- B 15623 SOCIETE QUEMBRE. Forme : S.A. Capital : 300 000 F. Activité : dépot et livraison de marchandises pour le compte de tiers. Adresse du siège social : 12, rue de la Baume 75008 Paris. Administration : président du conseil d' administration : Mme LAGUE, née ABGRALL (Anne-Marie) Administrateurs : COMPAGNIE IMMOBILIERE MERIDIONALE, dont le représentant permanent est : BEAUPERE (Dominique, Jacques) CENTRE D'EXPERTISE INTERNATIONAL, dont le représentant permanent est : CHEVALLIER (Jean-Pierre, Henri, Joseph) SOCIETE IMMOBILIERE KLEBER LAURISTON, dont le représentant permanent est : SAUZAY ( Bertrand, Jean, Georges). Commissaire aux comptes titulaire : CABINET COMPTA SUD. Commissaire aux comptes suppléant : MENNESSON (André). Commentaires : cette société transfère son siège du 30, rue Pierre-Bérégovoy, 92110 Clichy. Ancien RC : 91-B 5622 Date de début d' activité: 30 avril 1959. Date d'effet : 21 octobre 1997.
27/04/1997	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 085 980 357 RC 91-B 5622 SOCIETE QUEMBRE. Forme : S.A.R.L. Adresse du siège social : 30 rue Pierre- Bérégovoy 92110 Clichy. Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l' établissement principal Etablissement principal: Adresse : 30 rue Pierre- Bérégovoy 92110 Clichy.

Company events history

Date	Description
14/10/2013	Update Limit
14/10/2013	Update Rating
25/07/2013	Bodacc C : Deposit accounts notice
02/07/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
31/12/2012	New accounts available
30/08/2012	Bodacc C : Deposit accounts notice
10/08/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
30/06/2012	Bodacc B: Various editing or changing
15/05/2012	Declaration of conformity
30/03/2012	Formation of Establishment
07/03/2012	Updated articles of association
07/03/2012	Amendment
31/12/2011	New accounts available
02/09/2011	New subsidiarie(s) detected
01/08/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
29/07/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
13/04/2011	Bodacc B: Various editing or changing
06/04/2011	Bodacc B: Various editing or changing
01/04/2011	New subsidiarie(s) detected
21/03/2011	Updated articles of association
21/03/2011	Amendment
07/03/2011	Amendment
06/02/2011	Collection of preferential rights for this company has been stopped by the Court
31/01/2011	Modification to Company Identifier
31/01/2011	Update of Company Name
31/12/2010	New accounts available
31/12/2010	Legal Gazette: Appointment of the social representative
16/12/2010	Bodacc B: Various editing or changing
25/11/2010	Acte modificatif
25/11/2010	Amendment
19/11/2010	Bodacc B: Various editing or changing
28/10/2010	Amendment
28/10/2010	Acte modificatif
28/10/2010	Statuts mis à jour
28/10/2010	Updated articles of association
20/09/2010	Bodacc C : Deposit accounts notice
15/09/2010	Transfer of Establishment
15/09/2010	Update of Company Head Office Identifier
23/06/2010	Legal Gazette: Head Office Transfer
03/05/2010	Disengagement in other companies
31/12/2009	New accounts available
14/12/2009	New subsidiarie(s) detected
24/09/2009	Bodacc C : Deposit accounts notice
22/07/2009	Bodacc B: Various editing or changing
02/07/2009	Minutes of general meeting of shareholders
02/07/2009	Amendment
02/07/2009	Appointment/resignation of company officers
02/07/2009	Private document
02/07/2009	Modification du Conseil d'Administration
02/07/2009	Changes to the Board of Directors
02/07/2009	Acte modificatif
31/12/2008	New accounts available
22/10/2008	Bodacc C : Deposit accounts notice
06/02/2008	Collection of preferential rights activated for this company
25/01/2008	Bodacc C : Deposit accounts notice
31/12/2007	New accounts available
31/12/2006	New accounts available
04/08/2006	Private document
04/08/2006	Amendment
04/08/2006	Acte modificatif
04/08/2006	Acte sous seing privé
01/03/2006	Amendment
01/03/2006	Apport Partiel
01/03/2006	Minutes of general meeting of shareholders
01/03/2006	PV d'Assemblée
01/03/2006	Planned merger
01/03/2006	Private document
01/03/2006	Acte sous seing privé
01/03/2006	Projet de Fusion
01/03/2006	Acte modificatif
31/12/2005	New accounts available
31/12/2004	New accounts available
07/06/2004	New legal form – no new category
07/06/2004	Changement de Président (PDG, PCA)
07/06/2004	Acte sous seing privé
07/06/2004	Private document
07/06/2004	Appointment/resignation of company officers
07/06/2004	Nomination/démission des organes de gestion
07/06/2004	Minutes of general meeting of shareholders
07/06/2004	PV d'Assemblée
07/06/2004	Statuts mis à jour
07/06/2004	Updated articles of association
07/06/2004	Audit or Management Report
07/06/2004	Rapport des Commissaires ou du Gérant
07/06/2004	Changement de Forme Juridique avec changement de catégorie
07/06/2004	Changement de Forme Juridique sans changement de catégorie
31/12/2003	New accounts available
30/07/2003	Acte sous seing privé
30/07/2003	Nomination/démission des organes de gestion
30/07/2003	PV d'Assemblée
22/02/2002	PV d'Assemblée
22/02/2002	Statuts mis à jour
22/02/2002	Modification de l'objet social
22/02/2002	Nomination/démission des organes de gestion
22/02/2002	PV du Conseil d'Administration
22/02/2002	Acte sous seing privé
07/01/2002	Conversion du Capital Social en Euros
07/01/2002	PV d'Assemblée
07/01/2002	Acte sous seing privé
07/01/2002	Réduction de Capital
07/01/2002	Statuts mis à jour
27/07/1999	PV d'Assemblée
27/07/1999	Modification du Conseil d'Administration
27/07/1999	Acte sous seing privé
27/07/1999	Nomination/démission des organes de gestion
01/06/1999	Nomination/démission des organes de gestion
01/06/1999	Acte sous seing privé
01/06/1999	Modification du Conseil d'Administration
01/06/1999	PV du Conseil d'Administration
25/05/1998	Changement de dénomination sociale
25/05/1998	Augmentation de Capital
25/05/1998	Acte modificatif
25/05/1998	Apport Partiel
25/05/1998	Changement de Commissaire aux Comptes
25/05/1998	Statuts mis à jour
25/05/1998	PV d'Assemblée
25/05/1998	Déclaration de conformité
25/05/1998	Acte sous seing privé
24/04/1998	Rapport des Commissaires ou du Gérant
24/04/1998	Acte sous seing privé
27/03/1998	PV du Conseil d'Administration
27/03/1998	Projet de Fusion
27/03/1998	Apport Partiel
27/03/1998	Acte sous seing privé
27/03/1998	Acte modificatif
20/02/1998	Changement de Président (PDG, PCA)
20/02/1998	Nomination/démission des organes de gestion
20/02/1998	Acte sous seing privé
20/02/1998	Modification du Conseil d'Administration
20/02/1998	Statuts mis à jour
20/02/1998	PV du Conseil d'Administration
20/02/1998	Modification de l'objet social
20/02/1998	PV d'Assemblée
18/11/1997	Nomination/démission des organes de gestion
18/11/1997	Augmentation de Capital
18/11/1997	PV d'Assemblée
18/11/1997	Acte sous seing privé
18/11/1997	Immatriculation suite à transfert
18/11/1997	Changement de Président (PDG, PCA)
18/11/1997	Statuts mis à jour
18/11/1997	Changement de Forme Juridique sans changement de catégorie
18/11/1997	PV du Conseil d'Administration
13/10/1997	Rapport des Commissaires ou du Gérant
13/10/1997	Acte sous seing privé
13/10/1997	Changement de Forme Juridique avec changement de catégorie
14/04/1997	Statuts mis à jour
14/04/1997	PV d'Assemblée
14/04/1997	Acte sous seing privé
24/01/1994	Nomination/démission des organes de gestion
24/01/1994	PV d'Assemblée
24/01/1994	Changement de Gérant

Establishment events history

Date	Description
18/05/2012	Update of phone numbers
30/03/2012	Modification of Head office
29/07/2011	Update Rating
24/06/2011	Update of phone numbers
25/04/2011	Update Rating
15/09/2010	Modification of Head office (after transfer)

NOTES & COMMENTS

Commentary

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

	The shareholder's equity is 41,867,249 €
	The creditor days are 38.03
	The liabilities are 57,512,949 €
	The net current assets are 82,826,938 €
	The net turnover is 169,417,350 €
	The pre-tax profit is 12,003,666 €
	The risk provisions are 14,470,870 €
	The total assets are 114,577,992 €
	Low risk workforce size
	Industry code with low risk rating
	Department code with low risk rating
	The company has 1 director(s)
	The sales to current assets ratio is 2,05
	The ratio total assets to total liabilities is 1,59
	The stock to turnover ratio is 13.65
	The return on total assets employed is 10.48
	The deviation of tangible fixed assets over the last two accounting periods is 93.16 %
	The deviation in the gearing percentage over the last two accounting periods is 44.73 %

,

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.33
UK Pound	1	Rs.101.99
Euro	1	Rs.84.62

INFORMATION DETAILS

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%)

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.