MIRA INFORM REPORT

Report Date :

30.01.2014

IDENTIFICATION DETAILS

Name :	LUBRIZOL FRANCE
Registered Office :	25 Quai De France, Bp 1062, 76173 Rouen Cedex
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	October 1954
Com. Reg. No.:	RCS Rouen 5 542 070 958
Legal Form :	Simplified Joint Stock Company
Line of Business :	· Engaged in manufacturing and sale of additives for lubricants. Subject provides additives for engine oils, other fluids transport fluids and additives for industrial lubricants and additives for gasoline and diesel fuel
No. of Employees :	559 (31.12.2010)

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 – december 01, 2013

Country Name	Previous Rating (30.09.2013)	Current Rating (01.12.2013)
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 4.5% of GDP in 2012, while France's public debt rose from 68% of GDP to 89% 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

LUBRIZOL FRANCE

SIRET

542 070 958 00021

Company Summary

		EUR VAT Number	FR29542070958
Activity (APE)	Engaged in manufacturing and sale of additives for lubricants. Subject provides additives for engine oils, other fluids transport fluids and additives for industrial lubricants and additives for gasoline and diesel fuel	Legal form	Simplified joint stock company
Phone	02 35 58 14 00	RCS Registration	RCS Rouen 5 542 070 958
Fax	02 35 72 76 54
Address	LUBRIZOL FRANCE 25 QUAI DE FRANCE BP 1062 76173 ROUEN CEDEX	Incorporated Date	10/1954
Nationality	France	Status	Economically active

DIRECTORS/MANAGEMENT

Directors

Name	LUBRIZOL HOLDINGS FRANCE
Name of representative	M SMITS ANTHONY, MICKAËL
Manager position	Administrator	Date of birth	21/11/1972
Place of birth	WISCONSIN(ETATS-UNIS D'AMERIQUE)
Type	Moral person	Name at birth

Name	M. HENRY FRÉDÉRIC, PAUL, MARIE
Manager position	President, Administrator	Date of birth	25/02/1957
Place of birth	ROANNE (42)
Type	Individual	Name at birth

Name	M. VERTHONGEN MARC
Manager position	Administrator	Date of birth	04/01/1957
Place of birth	ANVERS(BELGIQUE)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
President	M FREDERIC, PAUL, MARIE HENRY	25/02/1957 - ROANNE (42)
President	M FREDERIC HENRY	25/02/1957 - ROANNE
Administrator	M ALBERT CASTE	28/09/1935 - ROMANS SUR ISERE
Administrator	M CHARLES COOLEY	20/09/1955 - CONNECTICUT USA
Administrator	M JEAN-CLAUDE DE SCHIETERE	05/11/1939 - VERSAILLES
Administrator	M KENNETH HOPPING	19/08/1946 - COLUMBIA USA

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

SHARE & SHARE CAPITAL INFORMATION

Share capital

5,000,000 Euros

PAYMENT INFORMATION

Payment Information Summary - Trade Payment Data
	Total number of Invoices available	1
	Total number of Invoices paid within or up to 30 days after the due date	1
	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

No social security and tax office preferential right to date

GROUP STRUCTURE & AFFILIATED COMPANIES

Ultimate Holding Company
	Company Name	Company number
	NOVEON	-

Group data

Ultimate parent company	NOVEON
Direct parent	LUBRIZOL HOLDINGS FRANCE - 100 %
Group – Number of companies	3
Linkages – Number of companies	154
Number of countries	7

Group Structure

Company Name	SIREN	Parts	Last account published
NOVEON	-	-	-
LUBRIZOL HOLDING FRANCE	434779419	100%	31/12/2012
LUBRIZOL FRANCE	542070958	100%	31/12/2012

Linkages companies

Company Name	SIREN	Last account	Turnover
YORKSHIRE POWER GROUP LIMITED	03227432	31/12/2012	0 £
NORTHERN POWERGRID LIMITED	03271033	31/12/2012	0 £
CE ELECTRIC UK HOLDINGS	03270696	31/12/2012	0 £
NORTHERN POWERGRID HOLDINGS COMPANY	03476201	31/12/2012	696 106 000 £
UOP S.P.A.	BS160469	31/12/2012	11 528 488 €
NORTHERN POWERGRID (YORKSHIRE) PLC	04112320	31/12/2012	378 942 000 £
NORTHERN POWERGRID (NORTHEAST) LIMITED	02906593	31/12/2012	302 330 000 £
TENECOM LIMITED	01084952	31/12/2012	2 000 £
YORKSHIRE ELECTRICITY GROUP PLC	02366995	31/12/2012	469 000 £
NRG VICTORY REINSURANCE LIMITED	00157508	31/12/2012	0 £
MARMON GROUP LIMITED(THE)	01376182	31/12/2012	106 510 000 £
NORTHERN ELECTRIC & GAS LIMITED	02772271	31/12/2012	0 £
BERKSHIRE HATHAWAY INTERNATIONAL INSURAN...	03230337	31/12/2012	34 297 000 £
NORTHERN ELECTRIC PLC	02366942	31/12/2012	331 614 000 £
NEDERLANDSE REASSURANTIE GROEP N.V.	33121684	31/12/2010	-
GENERAL REINSURANCE AG	HRB 773	31/12/2012	197 958 499 €
NRG VICTORY HOLDINGS LIMITED	02115918	31/12/2012	0 £
FARADAY REINSURANCE CO. LIMITED	01733074	31/12/2012	76 608 000 £
CALENERGY GAS (HOLDINGS) LIMITED	02772202	31/12/2012	0 £
CE UK GAS HOLDINGS LIMITED	04328138	31/12/2012	0 £
NORTHERN ELECTRIC PROPERTIES LIMITED	02522939	31/12/2012	0 £
NETJETS MANAGEMENT LIMITED	04309631	31/12/2012	24 040 933 £
TRANSFERCOM LIMITED	05773175	31/12/2012	0 £
FLIGHTSAFETY INTERNATIONAL U.K. LIMITED	03124686	31/12/2012	22 865 125 £
LUBRIZOL LIMITED	00775276	31/12/2012	147 560 000 £
SLI HOLDINGS LIMITED	06302188	31/12/2012	0 £
CALENERGY RESOURCES LIMITED	04508881	31/12/2012	0 £
FARADAY HOLDINGS LIMITED	02636078	31/12/2012	0 £
KYOEI FIRE & MARINE INSURANCE CO. (U.K.)...	01235521	31/12/2012	0 £
CORT BUSINESS SERVICES UK LIMITED	06448915	31/12/2012	6 337 622 £
NORTHERN TRANSPORT FINANCE LIMITED	02311977	31/12/2012	841 000 £
LUBRIZOL ADVANCED MATERIALS UK LIMITED	00923405	31/12/2012	1 397 102 £
LUBRIZOL ADIBIS HOLDINGS (UK) LIMITED	00530121	31/12/2012	0 £
FARADAY UNDERWRITING LIMITED	01682486	31/12/2012	1 625 000 £
INTEGRATED UTILITY SERVICES LIMITED	02964844	31/12/2012	24 261 000 £
CALENERGY GAS LIMITED	04370508	31/12/2012	2 971 000 £
MITEK INDUSTRIES LIMITED	00944342	31/12/2012	22 968 241 £
VEHICLE LEASE AND SERVICE LIMITED	03612397	31/12/2012	14 144 680 £
ARQADIA LIMITED	01196875	30/12/2012	18 243 888 £
BF HOLDINGS (UK) LIMITED	03163069	31/12/2012	0 £
FARADAY CAPITAL LIMITED	02982540	31/12/2012	221 128 000 £
TBS ENGINEERING LIMITED	02455748	31/12/2012	33 801 230 £
NORTHAMPTON ACQUISITION LTD	03061241	30/12/2012	0 £
BERKSHIRE HATHAWAY REINSURANCE (IRELAND)...	IE335999	31/12/2012	13 862 341 €
BUSINESS WIRE EUROPE LIMITED	04171920	31/12/2012	1 704 776 £
ISCAR TOOLS LIMITED	01194326	31/12/2012	31 085 819 £
THE PAMPERED CHEF-UK, LTD.	03745395	31/12/2012	12 025 990 £
NORTHERN ELECTRIC FINANCE PLC	03070482	31/12/2012	0 £
RESOLUTE MANAGEMENT SERVICES LIMITED	03136297	31/03/2013	15 052 683 £
TONICSTAR LIMITED	04066043	31/12/2012	1 191 000 £
LUBRIZOL ADVANCED MATERIALS RESIN B.V.	02333786	31/12/2012	5 554 997 €
LUBRIZOL ADVANCED MATERIALS SALES HOLLAN...	27093978	31/12/2012	318 621 €
INTEGRATED UTILITY SERVICES LIMITED	IE310254	31/12/2012	2 323 000 €
VFB INTIMATES UK LIMITED	00520968	29/12/2012	2 004 900 £
JOHNS MANVILLE LIMITED	00358002	31/12/2012	0 £
HALLMARK - HEALY LIMITED	01350594	31/12/2011	5 172 000 £
GRF SERVICES LIMITED	02841906	31/12/2012	56 619 000 £
GENERAL RE HOLDINGS LIMITED	05005426	31/12/2010	0 £
UOP U.K. LTD.	06653223	31/12/2012	461 189 £
TUNGALOY UK LIMITED	07303744	31/12/2012	1 012 974 £
CONSERVATION BY DESIGN LIMITED	02695620	30/12/2012	3 268 128 £
LUBRIZOL ADIBIS (UK) LIMITED	03529718	31/12/2012	887 950 £
NETJETS UK LIMITED	04982664	31/12/2012	67 913 559 £
EXECUTIVE JET MANAGEMENT (EUROPE) LIMITE...	05395743	31/12/2012	1 478 381 £
TAEGUTEC UK LIMITED	03915895	31/12/2012	4 533 279 £
RESOLUTE MANAGEMENT LIMITED	04212086	31/12/2012	5 121 161 £
NETJETS LONDON LIMITED	04585892	31/12/2012	501 832 £
LUBRIZOL ADVANCED MATERIALS MANUFACTURIN...	04653208	31/12/2012	1 441 687 £
CHEMTOOL (UK) LTD	05643249	31/12/2012	-
GR-NEAM LIMITED	IE451391	31/12/2012	5 134 570 €
MAGNOLIA GROUP LIMITED	00430745	30/12/2012	-
NORTHERN ELECTRICS LIMITED	02387339	31/12/2012	-
NORTHERN ELECTRIC SHARE SCHEME TRUSTEE L...	02525001	31/12/2012	-
IUS LIMITED	02641921	31/12/2012	-
NORTHERN UTILITY SERVICES LIMITED	02641924	31/12/2012	-
NEDL LIMITED	02846797	31/12/2012	-
NORTHERN METERING SERVICES LIMITED	02943978	31/12/2012	-
INTEGRATED UTILITY SERVICES (UK) LIMITED	02986031	31/12/2012	-
GEN RE SERVICES UK LIMITED	03459395	31/12/2012	-
CERRO PRECISION LIMITED	03650686	31/12/2012	-
CE ELECTRIC SERVICES LIMITED	03859158	31/12/2012	-
AVONMOUTH CHP LIMITED	04080099	31/12/2012	-
YEDL LIMITED	04112326	31/12/2012	-
LUBRIZOL ADVANCED MATERIALS HOLDINGS UK ...	04121845	31/12/2012	-
CALENERGY RESOURCES (AUSTRALIA) LIMITED	06550141	31/12/2012	49 469 £
NORTHERN POWER NETWORKS COMPANY (YORKSHI...	07457033	31/12/2012	-
NORTHERN ELECTRIC DISTRIBUTION LIMITED	07465173	31/12/2012	-
YORKSHIRE ELECTRICITY DISTRIBUTION LIMIT...	07465398	31/12/2012	-
NORTHERN ELECTRICITY NETWORKS COMPANY LI...	07465504	31/12/2012	-
NORTHERN ELECTRICITY LIMITED	07465508	31/12/2012	-
NORTHERN POWER NETWORKS COMPANY (NORTH E...	07465522	31/12/2012	-
NORTHERN ELECTRICITY (NORTH EAST) LIMITE...	07465537	31/12/2012	-
NORTHERN ELECTRICITY NETWORKS COMPANY (N...	07465541	31/12/2012	-
NORTHERN ELECTRICITY (YORKSHIRE) LIMITED	07465557	31/12/2012	-
NORTHERN ELECTRICITY NETWORKS COMPANY (Y...	07465573	31/12/2012	-
CE ELECTRIC UK FUNDING COMPANY LIMITED	07468004	31/12/2012	-
NORTHERN POWER NETWORKS COMPANY LIMITED	07474282	31/12/2012	-
INFRASTRUCTURE NORTH LIMITED	07519902	31/12/2012	-
NORTHERN ENERGY FUNDING COMPANY LIMITED	07647688	31/12/2012	-
NORTHERN POWERGRID METERING LIMITED	07647856	31/12/2012	-
SOUTH WESTERN POWERGRID LIMITED	07759258	31/12/2012	-
MIDLANDS POWERGRID LIMITED	07759270	31/12/2012	-
EAST POWERGRID LIMITED	07759274	31/12/2012	-
CENTRAL POWERGRID LIMITED	07759278	31/12/2012	-
POWERGRID (SOUTH WEST) LIMITED	07759281	31/12/2012	-
NORTH EAST POWERGRID LIMITED	07759283	31/12/2012	-
SOUTHERN POWERGRID LIMITED	07759289	31/12/2012	-
NORTHERN POWERGRID (NORTH WEST) LIMITED	07759292	31/12/2012	-
NORTH POWERGRID LIMITED	07759296	31/12/2012	-
SOUTH EAST POWERGRID LIMITED	07759297	31/12/2012	-
POWERGRID (MIDLANDS) LIMITED	07759299	31/12/2012	-
POWERGRID (SOUTHERN) LIMITED	07759300	31/12/2012	-
POWERGRID (CENTRAL) LIMITED	07759301	31/12/2012	-
POWERGRID (EASTERN) LIMITED	07759304	31/12/2012	-
POWERGRID (NORTHERN) LIMITED	07759306	31/12/2012	-
POWERGRID (NORTH WEST) LIMITED	07759308	31/12/2012	-
SOUTH POWERGRID LIMITED	07759340	31/12/2012	-
POWERGRID (NORTH) LIMITED	07759356	31/12/2012	-
NORTH WEST POWERGRID LIMITED	07759364	31/12/2012	-
SOUTH WEST POWERGRID LIMITED	07759386	31/12/2012	-
POWERGRID (NORTH EAST) LIMITED	07759389	31/12/2012	-
WEST POWERGRID LIMITED	07759392	31/12/2012	-
YORKSHIRE POWERGRID LIMITED	07759393	31/12/2012	-
SOUTH EASTERN POWERGRID LIMITED	07759394	31/12/2012	-
NORTH EASTERN POWERGRID LIMITED	07759397	31/12/2012	-
POWERGRID (EAST) LIMITED	07759401	31/12/2012	-
POWERGRID (SOUTH EASTERN) LIMITED	07759415	31/12/2012	-
POWERGRID (SOUTH WESTERN) LIMITED	07759417	31/12/2012	-
EASTERN POWERGRID LIMITED	07759418	31/12/2012	-
POWERGRID (SOUTH EAST) LIMITED	07759420	31/12/2012	-
POWERGRID (NORTH EASTERN) LIMITED	07759427	31/12/2012	-
POWERGRID (NORTH WESTERN) LIMITED	07759432	31/12/2012	-
POWERGRID (SOUTH) LIMITED	07759440	31/12/2012	-
NORTH WESTERN POWERGRID LIMITED	07759448	31/12/2012	-
POWERGRID (WEST) LIMITED	07759462	31/12/2012	-
POWERGRID (WESTERN) LIMITED	07759546	31/12/2012	-
WESTERN POWERGRID LIMITED	07759560	31/12/2012	-
POWERGRID (YORKSHIRE) LIMITED	07759577	31/12/2012	-
CE ELECTRIC (IRELAND) LIMITED	IE323217	31/12/2012	0 €
THE SCOTTISH LION INSURANCE COMPANY LIMI...	SC025905	31/12/2012	0 £
LUBRIZOL ADVANCED MATERIALS EUROPE BVBA	408454528	31/12/2012	399 099 108 €
GENERAL STAR INDEMNITY CO	US06413582	-	930 000 $
VF INTIMATES	US07883814	-	0 $
RUSSELL CORP - DC MONT	US08598610	-	0 $
MARMON RETAIL SERVICES LLC	US11621017	-	5 900 000 000 $
LUBRIZOL CORP	US13701660	-	30 030 000 $
BROOKS SPORTS INC	US22263983	-	50 000 000 $
BERKSHIRE HATHAWAY INC	US29272021	-	62 463 000 000 $
GENERAL RE NEW ENGLAND ASSET MGMT I	US42555200	-	359 000 $
CORT BUSINESS SERVICES CORP	US45215869	-	396 169 000 $
GENERAL RE CORP	US46202366	-	657 000 $
NETJETS INTL INC	US46801298	-	1 293 000 $
FLIGHTSAFETY INTERNATIONAL INC	US49967074	-	0 $
CE ELECTRIC INC	US50011382	-	0 $

FINANCIAL INFORMATION

Trading to Date

12/31/2012

12/31/2011

12/31/2010

Turnover

1,027,602,925 €

994,828,596 €

885,283,035 €

Gross Operating Surplus

22,24 % Turnover

23,68 % Turnover

24,84 % Turnover

Shareholders’ equity

200,448,987 €

103,422,336 €

106,841,710 €

Net result

94,395,528 €

97,735,019 €

99,562,668 €

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	10/08/2013	11/09/2012	07/09/2011
Activity Code	2059Z	2059Z	2059Z
Employees	0	0	559

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	136 450 877	13,3%	120 421 967	14,9%	104 801 874	338 345	40228,9%
- Intangible assets	2 310 054	32,5%	1 743 255	17,8%	1 480 004	18 232	12570,3%
- Tangible assets	133 944 587	13,0%	118 526 249	14,9%	103 159 872	168 443	79419,2%
- Financial assets	196 236	28,7%	152 463	-5,9%	161 998	5 157	3705,2%
Net current assets	242 797 676	-3,3%	251 050 668	12,0%	224 150 604	1 380 953	17481,9%
- Stocks	78 163 347	-32,8%	116 328 903	20,2%	96 810 674	294 218	26466,5%
- Advanced payments	0	-3,3%	0	0%	0	0	0%
- Receivables	164 206 417	21,9%	134 707 634	5,8%	127 308 169	678 788	24091,1%
- Securities and cash	427 912	2929,0%	14 127	-55,5%	31 761	108 838	293,2%
- Prepaid expenses	-	-	-	-	-	18,50	-
Accounts of regularization	937 393	0,7%	930 727	136,6%	393 419	0	0%
Total Assets	380 185 946	2,1%	372 403 363	13,1%	329 345 900	1 686 261	22446,1%

Passive Account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Shareholders' equity	200 448 987	93,8%	103 422 336	-3,2%	106 841 710	648 341	30817,2%
Share capital	5 000 000	0%	5 000 000	0%	5 000 000	152 500	3178,7%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	22 580 806	32,9%	16 994 696	18,4%	14 351 520	0	0%
Liabilities	156 267 369	-37,5%	250 098 375	20,4%	207 729 157	953 462	16289,5%
- Financial liabilities	51 162 941	-66,2%	151 186 542	44,2%	104 875 173	88 400	57776,6%
- Advanced payments received	280 119	-62,1%	739 750	538,1%	115 937	0	0%
- Trade account payables	78 536 724	10,2%	71 240 348	-9,4%	78 642 127	325 403	24035,2%
- Tax and social liabilities	21 289 073	1,5%	20 975 359	10,4%	18 991 746	172 182	12264,3%
- Other debts and fixed assets liabilities	5 887 288	-24,9%	7 844 328	41,9%	5 527 687	14 910	39385,5%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	380 185 946	2,1%	372 403 363	13,1%	329 345 900	1 686 260	22446,1%

Results

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Sales of Goods	1 027 871 001	0,2%	1 025 469 303	12,1%	914 707 798	2 720 685	37679,9%
Net turnover	1 027 602 925	3,3%	994 828 596	12,4%	885 283 035	2 627 303	39012,5%
- of which net export turnover	876 810 128	3,7%	845 931 399	13,6%	744 623 992	43 510	2015092,2%
Operating charges	869 455 084	2,0%	852 527 583	13,8%	749 120 896	2 564 083	33809,0%
Operating profit/loss	158 415 917	-8,4%	172 941 720	4,4%	165 586 902	73 696	214858,6%
Financial income	13 762 977	15,2%	11 947 837	-26,7%	16 298 070	2 886	476787,6%
Financial charges	13 727 565	-9,6%	15 184 186	-6,9%	16 302 460	9 114	150520,6%
Financial profit/loss	35 412	101,1%	-3 236 349	-73620,9%	-4 390	-1 095	3334,0%
Pretax net operating income	158 451 329	-6,6%	169 705 371	2,5%	165 582 512	69 522	227815,4%
Extraordinary income	6 662 840	17,0%	5 692 853	166,7%	2 134 720	4 000	166471,0%
Extraordinary charges	8 670 360	-40,9%	14 671 214	38,2%	10 614 138	8 433	102714,7%
Extraordinary profit/loss	-2 007 520	77,6%	-8 978 361	-5,9%	-8 479 418	-62	-3237835,5%
Net result	94 395 528	-3,4%	97 735 019	-1,8%	99 562 668	61 561	153236,6%

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	380 185 946	2,1%	372 403 363	13,1%	329 345 900
Gross	CO	656 935 146	2,7%	639 785 694	8,7%	588 780 528
Amortisation	1A	276 749 200	3,5%	267 382 331	3,1%	259 434 628

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	136 450 877	13,3%	120 421 967	14,9%	104 801 874
Gross	BJ	407 657 967	6,3%	383 652 364	6,2%	361 282 152
Amortisation	BK	271 207 090	3,0%	263 230 397	2,6%	256 480 278

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	2 310 054	32,6%	1 742 730	17,9%	1 478 416
	Gross	AF	11 598 664	7,4%	10 801 860	-3,2%	11 153 785
	Amortisation	AG	9 288 610	2,5%	9 059 130	-6,4%	9 675 369
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	0	0%	0	0%	0
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	525	-66,9%	1 588
	Gross	AJ	297 733	0%	297 733	0,0%	297 734
	Amortisation	AK	297 733	0,2%	297 208	0,4%	296 146
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	2 310 054	32,5%	1 743 255	17,8%	1 480 004

Tangible fixed assets

		31/12/2012		31/12/2011		31/12/2010
Lands	Net	5 301 838	0%	5 301 838	4,5%	5 075 838
Gross	AN	5 301 838	0%	5 301 838	4,5%	5 075 838
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	14 658 926	0,2%	14 635 687	12,3%	13 031 678
Gross	AP	58 002 297	1,6%	57 115 192	4,5%	54 631 868
Amortisation	AQ	43 343 371	2,0%	42 479 505	2,1%	41 600 190
Plant	Net	85 316 651	3,9%	82 095 914	14,2%	71 860 374
Gross	AR	300 096 674	3,5%	289 817 902	6,3%	272 767 900
Amortisation	AS	214 780 023	3,4%	207 721 988	3,4%	200 907 526
Other tangible fixed assets	Net	1 375 822	35,2%	1 017 681	21,0%	841 251
Gross	AT	4 868 927	3,9%	4 685 999	-3,1%	4 838 050
Amortisation	AU	3 493 105	-4,8%	3 668 318	-8,2%	3 996 799
Fixed assets in construction	Net	27 291 350	76,4%	15 475 129	25,3%	12 350 731
Gross	AV	27 291 350	76,4%	15 475 129	25,3%	12 350 731
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	133 944 587		118 526 249		103 159 872

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	0	0%	0	0%	0
Gross	CU	4 248	0%	4 248	0%	4 248
Amortisation	CV	4 248	0%	4 248	0%	4 248
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	119 189	29,1%	92 351	-10,4%	103 110
Gross	BF	119 189	0%	92 351	0%	103 110
Amortisation	BG	0		0		0
Other financial assets	Net	77 047	28,2%	60 112	2,1%	58 888
Gross	BH	77 047	28,2%	60 112	2,1%	58 888
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		196 236		152 463		161 998

Current Assets (III)

		31/12/2012		31/12/2011		31/12/2010
Total Assets	Net	242 797 676	-3,3%	251 050 668	12,0%	224 150 604
Gross	CJ	248 339 786	-2,7%	255 202 598	12,4%	227 104 955
Amortisation	CK	5 542 110	33,5%	4 151 930	40,5%	2 954 351

Stocks

		31/12/2012		31/12/2011		31/12/2010
Raw materials	Net	283 180	-98,9%	25 665 252	-1,6%	26 079 533
Gross	BL	283 180	-98,9%	26 173 812	-1,4%	26 551 682
Amortisation	BM	0	0%	508 560	7,7%	472 149
Work in progress (goods)	Net	0	0%	493 632	-36,6%	778 973
Gross	BN	0	0%	493 632	-36,6%	778 973
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	77 880 167	-13,6%	90 170 019	28,9%	69 952 168
Gross	BR	82 272 177	-12,0%	93 497 380	29,3%	72 327 511
Amortisation	BS	4 392 010	32,0%	3 327 361	40,1%	2 375 343
Goods for resale	Net	0	0%	0	0%	0
Gross	BT	0	0%	0	0%	0
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	78 163 347	-32,8%	116 328 903	20,2%	96 810 674

Advance payments to suppliers

		31/12/2012		31/12/2011		31/12/2010
Advance payments to suppliers	Net	0	0%	0	0%	0
Gross	BV	0	0%	0	0%	0
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2012		31/12/2011		31/12/2010
Trade accounts receivable	Net	131 535 154	2,3%	128 631 050	4,6%	122 987 300
Gross	BX	131 804 544	2,2%	128 947 059	4,8%	123 094 159
Amortisation	BY	269 390	-14,8%	316 009	195,7%	106 859
Other debtors	Net	5 684 316	-0,5%	5 712 200	48,4%	3 848 936
Gross	BZ	5 684 316	-0,5%	5 712 200	48,4%	3 848 936
Amortisation	CA	0	0%	0	0%	0
Capital subscribed and called up	Net	26 540 821	0%	0	0%	0
Gross	CB	27 421 531	0%	0	0%	0
Amortisation	CC	880 710	0%	0	0%	0
Sub Total Debtors	Net	163 760 291	21,9%	134 343 250	5,9%	126 836 236

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	427 912	2929,0%	14 127	-55,5%	31 761
Gross	CF	427 912	2929,0%	14 127	-55,5%	31 761
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	427 912	2929,0%	14 127	-55,5%	31 761

Prepaid expenses

		31/12/2012		31/12/2011		31/12/2010
Prepaid expenses	Net	446 126	22,4%	364 384	-22,8%	471 933
Gross	CH	446 126	22,4%	364 384	-22,8%	471 933
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

937 393

0,7%

930 727

136,6%

393 419

Gross

937 393

0,7%

930 727

136,6%

393 419

References

		31/12/2012		31/12/2011		31/12/2010
Due within one year	CP	0	0%	0	0%	50 541
Due after one year	CR	0	0%	0	0%	111 456

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	380 185 946	2,1%	372 403 363	13,1%	329 345 900

Shareholder Equity (I)

		31/12/2012		31/12/2011		31/12/2010
Total shareholders' equity (Total I)	DL	200 448 987	93,8%	103 422 336	-3,2%	106 841 710
Equity and shareholders' equity	DA	5 000 000	0%	5 000 000	0%	5 000 000
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	639	0%	639	-0,2%	640
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	500 000	0%	500 000	0%	500 000
Statutory or contractual reserve	DE	11 081	0%	11 081	0%	11 081
Special regulated reserves	DF	0	0%	0	0%	0
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	11 856	0%	11 856	0,0%	11 857
Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
Profits or losses brought forward	DH	28 734 494	141,6%	-69 000 524	-17,8%	-58 563 190
Profit or loss for the period	DI	94 395 528	-3,4%	97 735 019	-1,8%	99 562 665
Investment grants	DJ	95 295	-21,1%	120 777	-23,8%	158 398
Special tax-allowable reserves	DK	71 700 094	3,8%	69 043 488	14,8%	60 160 259

Other capital resources (II)

		31/12/2012		31/12/2011		31/12/2010
Total other capital resources (Total II)	DO	0	0%	0	0%	0
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

		31/12/2012		31/12/2011		31/12/2010
Total provisions for risks and charges (Total III)	DR	22 580 806	32,9%	16 994 696	18,4%	14 351 520
Risk provisions	DP	1 538 465	40,0%	1 099 074	158,7%	424 829
Reserves for charges	DQ	21 042 341	32,4%	15 895 622	14,1%	13 926 691

Liabilities (IV)

		31/12/2012		31/12/2011		31/12/2010
Total Liabilities (Total IV)	EC	156 267 369	-37,5%	250 098 375	20,4%	207 729 157
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	397 550	-55,9%	902 202	45,7%	619 227
Sundry loans and financial liabilities	DV	50 765 391	-66,2%	150 284 340	44,1%	104 255 946
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	280 119	-62,1%	739 750	538,1%	115 937
Trade accounts payables	DX	78 536 724	10,2%	71 240 348	-9,4%	78 642 127
Tax and social security liabilities	DY	21 289 073	1,5%	20 975 359	10,4%	18 991 746
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	4 998 509	-16,1%	5 956 376	16,7%	5 104 174

Translation loss (V)

		31/12/2012		31/12/2011		31/12/2010
Translation loss (Total V)	ED	888 779	-52,9%	1 887 952	345,8%	423 513

Equalization accounts

		31/12/2012		31/12/2011		31/12/2010
Deferred income	EB	0	0%	0	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	0	0%	238 992 527	21,0%	197 470 986
Of which current bank facilities	EH	0	0%	58 068	152,1%	23 036

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	158 415 917	-8,4%	172 941 720	4,4%	165 586 902

2 - Financial result (V - VI)

		31/12/2012		31/12/2011		31/12/2010
Financial result (Total V-VI)	GV	35 412	101,1%	-3 236 349	-73620,9%	-4 390

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	158 451 329	-6,6%	169 705 371	2,5%	165 582 512

4 - Extraordinary result (VII-VIII)

		31/12/2012		31/12/2011		31/12/2010
Extraordinary result (Total VII-VIII)	HI	-2 007 520	77,6%	-8 978 361	-5,9%	-8 479 418

Profit or loss

		31/12/2012		31/12/2011		31/12/2010
Profit or loss	HN	94 395 528	-3,4%	97 735 019	-1,8%	99 562 668

Total Income (I+III+V+VII)

		31/12/2012		31/12/2011		31/12/2010
Total Income (I+III+V+VII)	HL	1 048 296 818	0,5%	1 043 109 993	11,8%	933 140 588

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	953 901 287	0,9%	945 374 975	13,4%	833 577 920

Operating income (I)

		31/12/2012		31/12/2011		31/12/2010
Total operating income (Total I)	FR	1 027 871 001	0,2%	1 025 469 303	12,1%	914 707 798

Operating income (details)

		31/12/2012		31/12/2011		31/12/2010
Sale of goods for resale	FC	0	0%	0	0%	0
France	FA	0	0%	0	0%	0
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	1 000 241 185	3,3%	968 162 983	12,6%	859 476 941
France	FD	149 251 638	1,2%	147 464 998	5,9%	139 241 454
Export	FE	850 989 547	3,7%	820 697 985	13,9%	720 235 487
Sale of services	FI	27 361 740	2,6%	26 665 613	3,3%	25 806 094
France	FG	1 541 159	7,6%	1 432 199	1,0%	1 417 589
Export	FH	25 820 581	2,3%	25 233 414	3,5%	24 388 505
Net turnover	FL	1 027 602 925	3,3%	994 828 596	12,4%	885 283 035
France	FJ	150 792 797	1,3%	148 897 197	5,9%	140 659 043
Export	FK	876 810 128	3,7%	845 931 399	13,6%	744 623 992
Stocked production	FM	-11 435 655	-154,8%	20 884 529	3,0%	20 284 975
Self-constructed assets	FN	6 312 684	12,2%	5 628 614	13,6%	4 954 201
Operating grants	FO	154 645	1,4%	152 553	-0,4%	153 093
Release of reserves and provisions	FP	5 116 677	29,2%	3 958 919	9,4%	3 618 898
Other income	FQ	119 725	644,0%	16 092	-96,1%	413 596

Operating charges (II)

		31/12/2012		31/12/2011		31/12/2010
Total operating charges (Total II)	GF	869 455 084	2,0%	852 527 583	13,8%	749 120 896

Exploitation charges

		31/12/2012		31/12/2011		31/12/2010
Purchase of goods for resale	FS	0	0%	0	0%	0
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	560 699 965	-0,2%	561 816 124	13,3%	495 687 885
Change in stocks of raw materials	FV	-1 247 711	-430,2%	377 869	104,6%	-8 272 653
Other external purchases and charges	FW	176 255 303	5,9%	166 469 052	10,3%	150 933 269
Tax, duty and similar payments	FX	11 315 271	19,7%	9 453 332	2,2%	9 246 301
Payroll	FY	30 226 094	-8,0%	32 860 652	14,2%	28 785 785
Social security costs	FZ	16 891 225	13,0%	14 944 298	3,6%	14 423 717

Depreciation

		31/12/2012		31/12/2011		31/12/2010
Depreciation of fixed assets	GA	13 870 192	11,6%	12 423 304	12,2%	11 074 764
Amortisation of fixed assets	GB	0	0%	0	0%	12 220
Depreciation/amortisation of current assets	GC	5 316 718	26,5%	4 204 184	43,2%	2 935 585
Provisions for risks and charges	GD	6 694 129	137,4%	2 820 018	129,7%	1 227 743

Other charges

		31/12/2012		31/12/2011		31/12/2010
Other charges	GE	49 433 898	4,8%	47 158 750	9,5%	43 066 280

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	13 762 977	15,2%	11 947 837	-26,7%	16 298 070
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	4 026	12,2%	3 589	-4,9%	3 775
Other interest and similar income	GL	69 677	-19,4%	86 476	66,8%	51 849
Released provisions and transferred charges	GM	930 727	136,6%	393 419	-51,7%	813 728
Exchange gains	GN	12 758 547	11,3%	11 464 353	-25,7%	15 428 718
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	13 727 565	-9,6%	15 184 186	-6,9%	16 302 460
Financial reserves and provisions	GQ	937 393	0,7%	930 727	136,6%	393 419
Interest and similar charges	GR	1 465 892	-16,4%	1 754 164	116,1%	811 742
Exchange losses	GS	11 324 280	-9,4%	12 499 295	-17,2%	15 097 299
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	6 662 840	17,0%	5 692 853	166,7%	2 134 720
Extraordinary operating income	HA	690 071	917,0%	67 854	0%	0
Extraordinary income from capital transactions	HB	37 524	-0,3%	37 620	-17,9%	45 823
Released provisions and transferred charges	HC	5 935 245	6,2%	5 587 379	167,5%	2 088 897

Extraordinary charges (VIII)

		31/12/2012		31/12/2011		31/12/2010
Total extraordinary charges (Total VIII)	HH	8 670 360	-40,9%	14 671 214	38,2%	10 614 138
Extraordinary operating charges	HE	242	-98,7%	17 983	172,6%	6 597
Extraordinary charges from capital transactions	HF	78 267	-57,1%	182 622	122,5%	82 081
Extraordinary reserves and provisions	HG	8 591 851	-40,6%	14 470 609	37,5%	10 525 460

Employee profit sharing (IX)

		31/12/2012		31/12/2011		31/12/2010
Employee profit sharing (Total IX)	HJ	5 519 998	2,3%	5 398 000	8,3%	4 986 000

Tax on profits (X)

		31/12/2012		31/12/2011		31/12/2010
Tax on profits (Total X)	HK	56 528 280	-1,9%	57 593 992	9,6%	52 554 426

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	0	0%	215 814	-65,5%	626 195
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	0	0%	47 321 151	11,2%	42 551 742

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	18 040 275	-30,8%	26 054 054	82,0%	14 316 683
Decreases by transfers	OK2	6 251 655	3,0%	6 071 953	115,0%	2 824 226
Gross value at the end of period	OL	407 657 970	6,3%	383 652 369	6,2%	361 282 153

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	11 099 594	-3,1%	11 451 519	15,0%	9 954 214
Increases due to revaluation	KE	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	KF	906 001	64,0%	552 402	-63,6%	1 515 988
Decreases by budget item transfer	LV1	0	0%	0	0%	0
Decreases by transfers	LV2	109 197	-87,9%	904 328	4740,4%	18 683
Gross value at the end of period	LW	11 896 398	7,2%	11 099 593	-3,1%	11 451 519

Tangible fixed assets (Total III)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	LN	372 396 060	6,5%	349 664 388	5,0%	333 134 951
Increases due to revaluation	LO	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	LP	47 292 594	-12,3%	53 902 594	60,5%	33 587 473
Decreases by budget item transfer	NG1	18 040 275	-30,8%	26 054 054	82,0%	14 316 683
Decreases by transfers	NG2	6 087 295	19,0%	5 116 867	86,7%	2 741 353
Gross value at the end of period	NH	395 561 084	6,2%	372 396 061	6,5%	349 664 388

Financial assets (Total IV)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	LQ	156 712	-5,7%	166 246	4,9%	158 526
Increases due to revaluation	LR	0	0%	0	0%	0
Increases, acquisitions, creations, contributions	LS	98 935	140,0%	41 223	-42,7%	71 910
Decreases by budget item transfer	NJ1	0	0%	0	0%	0
Decreases by transfers	NJ2	55 163	8,7%	50 758	-20,9%	64 190
Gross value at the end of period	NK	200 484	27,9%	156 711	-5,7%	166 246

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	9 356 339	-6,2%	9 971 514	1,7%	9 806 855
Increases		PF	335 966	16,2%	289 152	57,7%	183 342
Decreases		PG	105 962	-88,3%	904 328	4740,4%	18 683
	Decreases by budget item transfer	PH	9 586 343	2,5%	9 356 338	-6,2%	9 971 514

Total fixed assets amortisation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	QU	253 854 973	3,0%	246 467 323	3,5%	238 051 134
Increases		QV	13 534 225	11,5%	12 134 149	11,3%	10 899 388
Decreases		QW	5 772 701	21,6%	4 746 502	91,1%	2 483 199
	Decreases by budget item transfer	QX	261 616 497	3,1%	253 854 970	3,0%	246 467 323

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	90 209 202	16,4%	77 507 565	13,5%	68 316 438
Increases		UB	21 540 092	-3,9%	22 425 537	48,6%	15 086 452
Decreases		UC	11 922 038	22,6%	9 723 901	64,9%	5 895 324
	Value at the end of period	UD	99 827 256	10,7%	90 209 201	16,4%	77 507 566

Includes Total allocations

Operating	UE	0	0%	7 024 200	68,2%	4 175 548
Financial	UG	0	0%	930 727	136,6%	393 419
Exceptional	UJ	0	0%	17 470 609	66,0%	10 525 460

Includes Total Withdrawal

Operating	UF	0	0%	37 431 074	1150,7%	2 992 702
Financial	UH	0	0%	393 419	-51,7%	813 728
Exceptional	UK	0	0%	5 587 379	167,5%	2 088 897

Total regulated provisions (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Value at beginning of period	3Z	69 043 488	14,8%	60 160 258	16,3%	51 723 696
Increases		TS	8 591 852	-40,6%	14 470 609	37,5%	10 525 460
Decreases		TT	5 935 246	6,2%	5 587 379	167,5%	2 088 897
	Value at the end of period	TU	71 700 094	3,8%	69 043 488	14,8%	60 160 259

Total risk and charge provisions (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Value at beginning of period	5Z	16 994 696	18,4%	14 351 520	-3,3%	14 848 060
Increases		TV	7 631 521	103,5%	3 750 744	131,4%	1 621 160
Decreases		TW	2 045 413	84,7%	1 107 568	-47,7%	2 117 700
	Value at the end of period	TX	22 580 804	32,9%	16 994 696	18,4%	14 351 520

Total Provision for depreciation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Value at beginning of period	7B	4 171 015	39,2%	2 995 787	71,7%	1 744 682
Increases		TY	5 316 718	26,5%	4 204 183	43,0%	2 939 832
Decreases		TZ	3 941 379	30,1%	3 028 954	79,4%	1 688 727
	Value at the end of period	UA	5 546 354	33,0%	4 171 016	39,2%	2 995 787

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

		31/12/2012		31/12/2011		31/12/2010
Gross value	VT	138 131 223	2,2%	135 176 108	4,8%	129 031 977
1 year at most	VU	137 990 150	2,2%	135 057 013	4,8%	128 879 949
More than one year	VV	141 073	18,5%	119 095	-21,7%	152 028

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	119 189	29,1%	92 351	-10,4%	103 110
Loans (1 year at most)	UR	55 163	8,7%	50 758	0,4%	50 542
Other financial assets (gross)	UT	77 047	28,2%	60 112	2,1%	58 888
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	131 804 544	2,2%	128 947 059	4,8%	123 094 159
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	40 929	13,1%	36 176	-39,9%	60 197
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	3 885 554	-9,6%	4 298 106	52,4%	2 820 975
Other taxes and payments assimilated	VN	294 859	422,8%	56 401	-90,2%	576 441
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	521 806	36,9%	381 084	100,0%	190 527
Accounts receivable (including claims relating to the operation of pension titles)	VR	941 165	0,1%	940 432	-43,2%	1 655 746

Prepaid

		31/12/2012		31/12/2011		31/12/2010
Prepaid	VS	446 126	22,4%	364 384	-22,8%	471 933

State Debt

			31/12/2012		31/12/2011		31/12/2010
	Total debt (gross)	VY	155 987 249	-37,4%	249 358 625	20,1%	207 613 220
1 year at most		VZ2	145 516 130	-39,1%	238 992 527	21,0%	197 470 985
More than 1 year and 5 years at most		VZ3	4 951 119	-0,3%	4 968 098	-50,8%	10 103 195
More than 5 years		VZ4	5 520 000	2,3%	5 398 000	13726,8%	39 040

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	397 550	-55,9%	902 202	45,7%	619 226
1 year at most		VG2	280 430	-62,4%	746 042	282,2%	195 200
More than 1 year and 5 years at most		VG3	117 120	-25,0%	156 160	-59,4%	384 986
	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	5 069 222	1,7%	4 982 334	5,6%	4 716 803
1 year at most		8A2	315 318	85,1%	170 396	-19,9%	212 679
More than 1 year and 5 years at most		8A3	4 753 904	-1,2%	4 811 938	6,8%	4 504 124
	Suppliers and associated accounts (gross)	8B1	78 536 724	10,2%	71 240 348	-9,4%	78 642 127
1 year at most		8B2	78 536 724	10,2%	71 240 348	-9,4%	78 642 127
More than 1 year and 5 years at most		8B3	78 536 724	10,2%	71 240 348	-9,4%	78 642 127
	Personnel and associated accounts (gross)	8C1	12 917 771	-2,4%	13 234 818	17,3%	11 282 918
1 year at most		8C2	7 317 676	-6,6%	7 836 818	29,1%	6 068 835
More than 1 year and 5 years at most		8C3	80 095	0%	0	0%	5 214 083
	Social Security and other social organizations (gross)	8D1	6 443 622	15,2%	5 592 955	8,4%	5 157 977
1 year at most		8D2	6 443 622	15,2%	5 592 955	8,4%	5 157 977
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	292 668	-9,0%	321 679	-21,8%	411 532
1 year at most		VW2	292 668	-9,0%	321 679	-21,8%	411 532
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	1 635 011	-10,5%	1 825 905	-14,7%	2 139 317
1 year at most		VQ2	1 635 011	-10,5%	1 825 905	-14,7%	2 139 317
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	45 696 168	-68,6%	145 302 006	46,0%	99 539 143
1 year at most		VI2	45 696 168	-68,6%	145 302 006	46,0%	99 539 143
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	4 998 509	-16,1%	5 956 375	16,7%	5 104 174
1 year at most		8K2	4 998 509	-16,1%	5 956 375	16,7%	5 104 174
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%	156 160	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%	559

Groups and Shareholders

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

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Fixed Asset Financing	1,34	-3,6%	1,39	3,7%	1,34	1,56	-14,1%
Global Debt	55 days	-39,6%	91 days	8,3%	84 days	97 days	-43,3%
Working Capital Fund overall net	48 days	-12,7%	55 days	12,2%	49 days	79 days	-39,2%
Financial independence	50421,08%	339,8%	11463,32%	-33,6%	17254,05%	587,83%	8477,5%
More ratios
Solvability	52,72%	89,8%	27,77%	-14,4%	32,44%	51,50%	2,4%
Capacity debt futures	38947,09%	298,6%	9771,92%	-11,7%	11069,71%	1541,33%	2426,8%
Coverage of current assets by net working capital overall	62,48%	5,4%	59,30%	10,8%	53,50%	49,06%	27,4%
General Liquidity	0,95	66,7%	0,57	-12,3%	0,65	0,96	-1,0%
Restricted Liquidity	0,95	66,7%	0,57	-12,3%	0,65	1,25	-24,0%

Management or rotation

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Need background in operating working capital	48 days	-12,7%	55 days	12,2%	49 days	55 days	-12,7%
Treasury	0 days	0%	0 days	0%	0 days	9 days	0%
Inventory turnover of goods	days	-	days	-	days	58,50 days	-
Average length of credit granted to customers	46 days	-2,1%	47 days	-6,0%	50 days	65 days	-29,2%
Average length of credit obtained suppliers	38 days	8,6%	35 days	-20,5%	44 days	59 days	-35,6%
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	0%	17 days	-10,5%	19 days	51 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	260 days	-2,6%	267 days	5,5%	253 days	399,50 days	-34,9%
Rotation tangible assets	259,78%	-2,8%	267,14%	5,5%	253,18%	386,78%	-32,8%

Profitability of the business

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Margin trading	0%	0%	0%	0%	0	0,11%	0%
Profitability of the business	22,24	-6,1%	23,68	-4,7%	24,84	5,50%	304,4%
Net profit	9,19%	-6,4%	9,82%	-12,7%	11,25%	2,85%	222,5%
More ratios
Growth rate of turnover (excluding VAT)	3,29%	-73,4%	12,37%	-52,4%	25,97%	0,49%	571,4%
Rates integration	27,91%	-5,1%	29,42%	-4,3%	30,74%	27,20%	2,6%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	16,43%	0,6%	16,33%	2,8%	15,88%	67,42%	-75,6%
Weight interests	1,34	-12,4%	1,53%	-16,8%	1,84%	0,36%	272,2%

Return on capital

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Cash flow from the overall profitability	11,47%	38,7%	8,27%	-36,7%	13,07%	4,93%	132,7%
Rates of economic profitability	91%	-2,2%	93%	-10,6%	104%	13%	600%
Financial profitability	200448987%	93,8%	103422336%	-3,2%	106841710%	648341%	30817,2%
Return on investment	42,97%	-3,1%	44,35%	-19,0%	54,73%	8,78%	389,4%

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	1 027 602 925	3,3%	994 828 596	12,4%	885 283 035	2 627 303 €	39012,5%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	0	0%	0	0%	0
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	0 €	0%	0 €	0%	0 €	872 €	0%
	0,00 % CA	0%	0,00 % CA	0%	0,00 % CA	0,28 % CA	0%

Sale of goods produced	1 027 602 925	3,3%	994 828 596	12,4%	885 283 035
+/- Stocked production	-11 435 655	-154,8%	20 884 529	3,0%	20 284 975
+ Self-constructed assets	6 312 684	12,2%	5 628 614	13,6%	4 954 201
Period production	1 022 479 954 €	0,1%	1 021 341 739 €	12,2%	910 522 211 €	2 015 922 €	50620,2%
	99,50 % CA	-3,1%	102,67 % CA	-0,2%	102,85 % CA	98,77 % CA	0,7%

Trading margin	0	0%	0	0%	0	872	0%
+ Period Production	1 022 479 954	0,1%	1 021 341 739	12,2%	910 522 211	2 015 922	50620,2%
- Purchase of raw materials	560 699 965	-0,2%	561 816 124	13,3%	495 687 885
+/- Change in stocks of raw materiels	-1 247 711	-430,2%	377 869	104,6%	-8 272 653
- Other external purchases and charges	176 255 303	5,9%	166 469 052	10,3%	150 933 269
Added value	286 772 397 €	-2,0%	292 678 694 €	7,5%	272 173 710 €	784 092 €	36473,8%
	27,91 % CA	-5,1%	29,42 % CA	-4,3%	30,74 % CA	27,20 % CA	2,6%

Added value	286 772 397 €	-2,0%	292 678 694 €	7,5%	272 173 710 €	784 092 €	36473,8%
+ Operating grants	154 645	1,4%	152 553	-0,4%	153 093
- Tax, duty and similar payments	11 315 271	19,7%	9 453 332	2,2%	9 246 301
- Personal charges	47 117 319	-1,4%	47 804 950	10,6%	43 209 502
Gross operating surplus	228 494 452 €	-3,0%	235 572 965 €	7,1%	219 871 000 €	134 397 €	169914,5%
	22,24 % CA	-6,1%	23,68 % CA	-4,7%	24,84 % CA	5,50 % CA	304,4%

Gross operating surplus	228 494 452 €	-3,0%	235 572 965 €	7,1%	219 871 000 €	134 397 €	169914,5%
+ Release of reserves and provisions	5 116 677	29,2%	3 958 919	9,4%	3 618 898
+ Other operating income	119 725	644,0%	16 092	-96,1%	413 596
- Depreciation/Amortisation	25 881 039	33,1%	19 447 506	27,5%	15 250 312
- Other charges	49 433 898	4,8%	47 158 750	9,5%	43 066 280
Operating result	158 415 917 €	-8,4%	172 941 720 €	4,4%	165 586 902 €	73 696 €	214858,6%
	15,42 % CA	-11,3%	17,38 % CA	-7,1%	18,70 % CA	3,46 % CA	345,7%

Operating result	158 415 917 €	-8,4%	172 941 720 €	4,4%	165 586 902 €	73 696 €	214858,6%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	13 762 977	15,2%	11 947 837	-26,7%	16 298 070
- Financial charges	13 727 565	-9,6%	15 184 186	-6,9%	16 302 460
Pre-tax result	158 451 329 €	-6,6%	169 705 371 €	2,5%	165 582 512 €	69 522 €	227815,4%
	15,42 % CA	-9,6%	17,06 % CA	-8,8%	18,70 % CA	3,79 % CA	306,9%

Extraordinary income	6 662 840	17,0%	5 692 853	166,7%	2 134 720	4 000	166471,0%
- Extraordinary charges	8 670 360	-40,9%	14 671 214	38,2%	10 614 138
Extraordinary result	-2 007 520 €	77,6%	-8 978 361 €	-5,9%	-8 479 418 €	-62 €	-3237835,5%
	-0,20 % CA	77,8%	-0,90 % CA	6,2%	-1 % CA	-00,02 % CA	-900%

Pre-tax result	158 451 329 €	-6,6%	169 705 371 €	2,5%	165 582 512 €	69 522 €	227815,4%
Extraordinary result	-2 007 520 €	77,6%	-8 978 361 €	-5,9%	-8 479 418 €	-62 €	-3237835,5%
- Employee profit sharing	5 519 998	2,3%	5 398 000	8,3%	4 986 000
- Tax on profits	56 528 280	-1,9%	57 593 992	9,6%	52 554 426
Net result	94 395 531 €	-3,4%	97 735 018 €	-1,8%	99 562 668 €	61 564 €	153229,1%
	9,19 % CA	-6,4%	9,82 % CA	-12,7%	11,25 % CA	2,85 % CA	222,5%

ADDITIONAL INFORMATION

Company details

Activity (APE)	Engaged in manufacturing and sale of additives for lubricants. Subject provides additives for engine oils, other fluids transport fluids and additives for industrial lubricants and additives for gasoline and diesel fuel
RCS Registration	RCS Rouen 5 542 070 958	Share capital	5,000,000 Euros
Registration Court	Rouen (76)	Legal form	Simplified joint stock company
Court Registry Number	19 5 5B00244	EUR VAT Number	FR29542070958
Incorporation Date	10/1954	Formation Date	01/1955
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Establishment details

Activity (APE)	Engaged in manufacturing and sale of additives for lubricants. Subject provides additives for engine oils, other fluids transport fluids and additives for industrial lubricants and additives for gasoline and diesel fuel	Business Pages FT®	HUILES ET GRAISSES INDUSTRIELLES (FABRICATION, GROS)
Postal Address	LUBRIZOL FRANCE 25 QUAI DE FRANCE BP 1062 76173 ROUEN CEDEX	Trading Address	25 QUAI DE FRANCE 76100 ROUEN
Telephone	02 35 58 14 00
Fax	02 35 72 76 54

Type	Head office	Status	Economically active
Formation Date	01/1900	Reason for formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Seine-Maritime (76)	Region	Haute-Normandie
District	3	Area	99
City	ROUEN	Size of urban area	Urban unit with 200 000 to 1 999 999 inhabitants

Other establishments

Branches	4 branch entities in this company
Head office	> LUBRIZOL FRANCE <<<  - Fabrication d'autres produits chimiques n.c.a. (2059Z)  in ROUEN  (76100)
Secondary establishments	>  LUBRIZOL FRANCE  - Fabrication d'autres produits chimiques n.c.a. (2059Z)  in OUDALLE  (76430) >  LUBRIZOL FRANCE  - Fabrication d'autres produits chimiques n.c.a. (2059Z)  in MOURENX  (64150) >  LUBRIZOL FRANCE  - Fabrication d'autres produits chimiques n.c.a. (2059Z)  in PUTEAUX  (92800)

Regionality	Legal unit with multiple establishments in many areas having at least 80% of workforce in same area
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

559 (31.12.2010)

Company workforce

559 (31.12.2010)

Preferential rights details and history

Summary of preferential rights

Company monitored since	07/04/2009
Status of Monitoring	No social security and tax office preferential right to date

Social security, pension funds preferential rights

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

Historical Data

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

200700087

24/01/2007

24/07/2009

ANEP 154 RUE ANATOLE FRANCE 92300 LEVALLOIS PERRET

29 138 EUR

-

Reason for closure	Void
Court	Rouen
Creditor	ANEP 154 RUE ANATOLE FRANCE 92300 LEVALLOIS PERRET
Debtor	LUBRIZOL FRANCE SA (ou) SAS 25 QUAI DE FRANCE 76100 ROUEN, ROUEN

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
21/01/2014	Bodacc B	Modification et mutation diverse
76 - SEINE-MARITIME GREFFE DU TRIBUNAL DE COMMERCE DE ROUEN 1418 - 542 070 958 RCS Rouen. LUBRIZOL FRANCE. Forme : Société par actions simplifiée à associé unique. Administration : Président, Administrateur : HENRY Frédéric, Paul, Marie Administrateur : VERTHONGEN Marc Administrateur : LUBRIZOL HOLDINGS FRANCE (SAS) représenté par SMITS Anthony, Mickaël Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU Commissaire aux comptes suppléant : BEAS (SARL). Activité : . Commentaires : Modification survenue sur l'administration.
25/12/2013	JAL	Resignation / Revocation of the social representative
Affiches de normandie (Les) Date de décision : 12/12/2013 La société 542070958 - LUBRIZOL FRANCE, 25 QUAI DE FRANCE, BP 1062, 76100 ROUEN Fait l'objet du départ de Monsieur Frederic HENRY, 11 Rue Vigné, 76130, MONT ST AIGNAN, De Monsieur Marc VERTHONGEN, Leopoldslei 68, 2930, BRASSCHAAT, De La société 434779419 - LUBRIZOL HOLDING FRANCE, 25 QUAI DE FRANCE, 76100, ROUEN
09/08/2013	Bodacc C	Comptes annuels et rapports
76 - SEINE-MARITIME GREFFE DU TRIBUNAL DE COMMERCE DE ROUEN 13112 - 542070958 RCS. LUBRIZOL FRANCE. Forme : Société par actions simplifiée à associé unique. Adresse : 25 quai de France 76000 Rouen. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
20/08/2012	Bodacc C	Comptes annuels et rapports
76 - SEINE-MARITIME GREFFE DU TRIBUNAL DE COMMERCE DE ROUEN 13620 - 542070958 RCS. LUBRIZOL FRANCE. Forme : Société par actions simplifiée à associé unique. Adresse : 25 quai de France 76000 Rouen. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
20/09/2010	Bodacc C	Comptes annuels et rapports
76 - SEINE-MARITIME GREFFE DU TRIBUNAL DE COMMERCE DE ROUEN 11312 - 542070958 RCS. LUBRIZOL FRANCE. Forme : Société par actions simplifiée unipersonnelle. Adresse : 25 quai de France 76000 Rouen. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
26/08/2009	Bodacc C	Comptes annuels et rapports
76 - SEINE-MARITIME GREFFE DU TRIBUNAL DE COMMERCE DE ROUEN 12152 - 542070958 RCS. LUBRIZOL FRANCE. Forme : Société par actions simplifiée unipersonnelle. Adresse : 25 quai de France 76000 Rouen. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
02/09/2008	Bodacc C	Comptes annuels et rapports
76 - SEINE-MARITIME GREFFE DU TRIBUNAL DE COMMERCE DE ROUEN 10404 - 542070958 RCS. LUBRIZOL FRANCE. Forme : Société par actions simplifiée unipersonnelle. Adresse : 25 quai de France 76000 Rouen. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
06/11/2007	Bodacc C	Avis de dépôt des comptes
9252 - 542 070 958. RCS Rouen LUBRIZOL FRANCE. Forme: Société par actions simplifiée unipersonnelle. Adresse du siège social: 25 quai de France 76000 rouen. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
04/09/2006	Bodacc C	Avis de dépôt des comptes
5545 - RCS Rouen B 542 070 958. RC 55-B 244. LUBRIZOL FRANCE. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE UNIPERSONNELLE. Adresse du siège social: 25, quai de France,76000 Rouen. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
29/10/2005	Bodacc C	Avis de dépôt des comptes
4947 - RCS Rouen B 542 070 958. RC 55-B 244. LUBRIZOL FRANCE. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE UNIPERSONNELLE. Adresse du siège social: 25, quai de France,76000 Rouen. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
06/09/2001	Bodacc B	Modifications et mutations diverses
RCS Rouen B 542070958 RC 55-B 244 LUBRIZOL FRANCE. Forme : S.A.S.U. Capital : 5 000 000 d'euros. Adresse du siège social : 25 quai de France, 76000 Rouen. Commentaires : modification survenue sur la forme juridique, le capital ( augmentation et conversion en euros) et l'administration. Administration : président transitoire et membre du directoire : HENRY (Frédéric, Paul, Marie) ( Nom d'usage : HENRY). Administrateurs : HOPPING (Kenneth, Halsted) ( Nom d'usage : HOPPING) CASTE (Albert, André, Marcel) ( Nom d' usage : CASTE) DE SCHIETERE (Jean- Claude, Paul, Louis) ( Nom d'usage : DE SCHIETERE) COOLEY (Charles, Parsons) ( Nom d'usage : COOLEY). Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU. Commissaire aux comptes suppléant : B.E.A.S. Date d'effet : 15 mai 2001.
28/06/2000	Bodacc B	Modifications et mutations diverses
RCS Rouen B 542070958 RC 55-B 244 LUBRIZOL FRANCE. Forme : E.U.R.L. Capital : 30 000 000 de F. Adresse du siège social : 25 quai de France, 76000 Rouen. Commentaires : modification survenue sur l'administration. Administration : gérant HENRY (Frédéric, Paul, Marie) ( Nom d' usage : HENRY). Membres du conseil de surveillance : HOPPING (Kenneth, Halsted) ( Nom d'usage : HOPPING) CASTE (Albert, André, Marcel) ( Nom d' usage : CASTE) DE SCHIETERE (Jean- Claude, Paul, Louis) ( Nom d'usage : DE SCHIETERE) COOLEY (Charles, Parsons) ( Nom d'usage : COOLEY). Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU. Commissaire aux comptes suppléant : DELOITTE TOUCHE TOHMATSU, AUDIT. Date d'effet : 5 avril 2000.
28/11/1999	Bodacc B	Modifications et mutations diverses
RCS Rouen B 542070958 RC 55-B 244 LUBRIZOL FRANCE. Forme : S.A.R.L. Adresse du siège social : 25 quai de France, 76000 Rouen. Commentaires : modification survenue sur l'administration. Administration : gérant : ANGOUSTURES ( Gérard) ( Nom d'usage : ANGOUSTURES). Membres du conseil de surveillance : HOPPING (Kenneth, Halsted) ( Nom d' usage : HOPPING) CASTE (Albert, André, Marcel) ( Nom d'usage : CASTE) ANDREAS (Ray, Allen) ( Nom d'usage : ANDREAS) DE SCHIETERE (Jean-Claude, Paul, Louis) ( Nom d'usage : DE SCHIETERE). Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU. Commissaire aux comptes suppléant : B.D. A. Date d'effet : 19 mai 1995.
28/11/1999	Bodacc B	Modifications et mutations diverses
RCS Rouen B 542070958 RC 55-B 244 LUBRIZOL FRANCE. Forme : S.A.R.L. Adresse du siège social : 25 quai de France, 76000 Rouen. Commentaires : modification survenue sur l'administration. Administration : gérant : ANGOUSTURES ( Gérard) ( Nom d'usage : ANGOUSTURES). Membres du conseil de surveillance : HOPPING (Kenneth, Halsted) ( Nom d' usage : HOPPING) CASTE (Albert, André, Marcel) ( Nom d'usage : CASTE) ANDREAS (Ray, Allen) ( Nom d'usage : ANDREAS) DE SCHIETERE (Jean-Claude, Paul, Louis) ( Nom d'usage : DE SCHIETERE). Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU. Commissaire aux comptes suppléant : DELOITTE TOUCHE TOHMATSU AUDIT. Date d'effet : 9 juin 1999.
10/09/1998	Bodacc B	Modifications et mutations diverses
Ancienne situation du siège social. RCS Rouen B 542 070 958 RC 55-B 244 LUBRIZOL FRANCE. Forme : S.A. Capital : 30 000 000 de F (fixe). Adresse : 25 quai de France, 76000 Rouen Nouvelle situation du siège social. Forme : S.A.R.L. Administration : nomination en qualité de gérant de ANGOUSTURES (Gérard), ancien président du conseil d' administration nomination en qualité de membres du conseil de surveillance de ANDREAS (Ray, Allen), CASTE (Albert), HOPPING (Kenneth) et DE SCHIETERE (Jean- Claude), anciens administrateurs. Date d'effet : 6 mars 1998.
20/12/1997	Bodacc B	Modifications et mutations diverses
RCS Rouen B 542 070 958 RC 55-B 244 LUBRIZOL FRANCE. Forme : S.A. Capital : 30 000 000 de F. Adresse du siège social : 25 quai de France 76000 Rouen. Administration : administrateurs partants : DALIMIER (Gilles) et Y.K. HSU (Roger). Nouveaux administrateurs : ANDREAS (Ray) et DE SCHIETERE (Jean- Claude). Date d'effet : 11 juin 1997.

Company events history

Date	Description
21/01/2014	Bodacc B: Various editing or changing
07/01/2014	Updated articles of association
07/01/2014	Amendment
25/12/2013	Legal Gazette: Resignation / Revocation of the social representative
13/08/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
09/08/2013	Bodacc C : Deposit accounts notice
05/04/2013	Disengagement of the group
05/04/2013	New participations in other companies
05/04/2013	New ultimate parent
05/04/2013	New parent detected
31/12/2012	New accounts available
12/09/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
20/08/2012	Bodacc C : Deposit accounts notice
31/12/2011	New accounts available
08/09/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
06/05/2011	New ultimate parent
31/12/2010	New accounts available
20/09/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
26/08/2009	Bodacc C : Deposit accounts notice
24/07/2009	A Social Security Preferential right lapsed
07/04/2009	Collection of preferential rights activated for this company
31/12/2008	New accounts available
02/09/2008	Bodacc C : Deposit accounts notice
31/12/2007	New accounts available
24/01/2007	Filling of Social Security Preferential Right
24/01/2007	New Filling of Social Security preferential right
31/12/2006	New accounts available
31/12/2005	New accounts available
21/12/2005	Minutes of general meeting of shareholders
21/12/2005	Statuts mis à jour
21/12/2005	Private document
21/12/2005	Updated articles of association
21/12/2005	Acte modificatif
31/12/2004	New accounts available
31/12/2003	New accounts available
16/08/2001	Acte sous seing privé
16/08/2001	PV d'Assemblée
16/08/2001	Statuts mis à jour
16/08/2001	Rapport des Commissaires ou du Gérant
16/08/2001	Augmentation de Capital
16/08/2001	Changement de Forme Juridique avec changement de catégorie
16/08/2001	Conversion du Capital Social en Euros
07/06/2000	Nomination/démission des organes de gestion
07/06/2000	PV d'Assemblée
07/06/2000	Changement de Gérant
07/06/2000	Acte sous seing privé
03/11/1999	Modification du Conseil d'Administration
03/11/1999	Acte sous seing privé
03/11/1999	Nomination/démission des organes de gestion
03/11/1999	PV d'Assemblée
03/11/1999	Changement de Commissaire aux Comptes
02/07/1998	Changement de Forme Juridique avec changement de catégorie
02/07/1998	Statuts mis à jour
02/07/1998	Changement de Forme Juridique sans changement de catégorie
02/07/1998	PV d'Assemblée
02/07/1998	Nomination/démission des organes de gestion
02/07/1998	Acte sous seing privé
13/11/1997	PV d'Assemblée
13/11/1997	Modification du Conseil d'Administration
13/11/1997	Nomination/démission des organes de gestion
13/11/1997	Acte sous seing privé
13/01/1997	Nomination/démission des organes de gestion
13/01/1997	Modification du Conseil d'Administration
13/01/1997	PV d'Assemblée
13/01/1997	Acte sous seing privé
23/09/1994	PV d'Assemblée
23/09/1994	Modification du Conseil d'Administration
01/10/1992	Modification du Conseil d'Administration
01/10/1992	Nomination/démission des organes de gestion
01/10/1992	PV d'Assemblée

Establishment events history

Date	Description
26/07/2009	Update Limit
25/07/2009	Update Rating
09/04/2009	Update Rating
09/04/2009	Update Limit
09/12/2007	Update Limit
11/09/2007	Update Rating

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 200,448,987 €

The ratio total assets to total liabilities is 2,13

The sales to current assets ratio is 4,23

The creditor days are 27.90

The increase of tangible fixed assets over the last two accounting periods is 13 %

The decrease in the gearing percentage over the last two accounting periods is 77 %

The liabilities are 156,267,369 €

The net current assets are 242,797,676 €

The net turnover is 1,027,602,925 €

The pre-tax profit is 150,923,808 €

The risk provisions are 22,580,806 €

The total assets are 380,185,946 €

Low risk workforce size

The company has 4 directors

Industry code with low risk rating

Department code with medium risk rating

The stock to turnover ratio is 7,61

The return on total assets employed is 39.70

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.62.20
UK Pound	1	Rs.103.12
Euro	1	Rs.84.96

INFORMATION DETAILS

Report Prepared by :

MNL

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.