MIRA INFORM REPORT

Report Date :

14.07.2014

IDENTIFICATION DETAILS

Name :	AFCM DIFFUSION
Registered Office :	AFCM Diffusion, Loxwood, 14 Rue Du Cherche Midi 75006 Paris 6
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	11/1989
Legal Form :	Limited Liability Company
Line of Business :	Retail sale of leather goods and travel goods (4772B)
No of Employees :	7

RATING & COMMENTS

MIRA’s Rating :

C

RATING		STATUS	PROPOSED CREDIT LINE
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended

Status :	Recovery Plan in Operation
Payment Behaviour :	--
Litigation :	--

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – March 31, 2014

Country Name	Previous Rating (31.12.2013)	Current Rating (31.03.2014)
France	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderate Low Risk	B1
Moderate Risk	B2
Moderate High Risk	C1
High Risk	C2
Very High Risk	D

FRANCE ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 82 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality. France's real GDP stagnated in 2012 and 2013. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2013. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 22.8% in the fourth quarter of 2013. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.1% of GDP in 2013, while France's public debt rose from 68% of GDP to nearly 94% over the same period. In accordance with its EU obligations, France is targeting a deficit of 3.6% of GDP in 2014 and 2.8% in 2015. The administration of President Francois HOLLANDE has implemented greater state support for employment, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, including a temporary 75% tax on wages over one million euros, and hiring an additional 60,000 teachers during his five-year term. In January 2014 HOLLANDE proposed a “Responsibility Pact” aimed primarily at lowering labor costs in return for businesses’ commitment to create jobs. Despite stagnant growth and fiscal challenges, France's borrowing costs have declined in recent years because investors remain attracted to the liquidity of France’s bonds

Source : CIA

company summary

		EUR VAT Number	FR75352256200
Activity (APE)	Retail sale of leather goods and travel goods (4772B)	Legal form	Limited Liability Company
Phone	01 42 22 11 21	RCS Registration	RCS Paris 0 352 256 200
Fax		Share capital	996,874 Euros
Address	AFCM DIFFUSION LOXWOOD 14 RUE DU CHERCHE MIDI 75006 PARIS 6	Incorporated Date	11/1989
Nationality	France	Status	Economically active

Failed Company (Recovery plan in operation)

Last published Judgment	27/11/2012
This company is not under monitoring

Current Directors

1

Trading to Date	12/31/2012	12/31/2011	12/31/2010
Turnover	2,212,653 €	2,671,241 €	2,643,803 €
Gross Operating Surplus	-16.72 % Turnover	6.91 % Turnover	7.82 % Turnover
Shareholders’ equity	1,299,333 €	981,407 €	890,837 €
Net result	317,924 €	90,570 €	18,969 €
Employees	10 to 19 employees	-	-

Trends
Profitability
Liquidity
Net worth

company details

Company details

Activity (APE)	Retail sale of leather goods and travel goods (4772B)
RCS Registration	RCS Paris 0 352 256 200	Share capital	996,874 Euros
Registration Court	Paris (75)	Legal form	Limited Liability Company
Court Registry Number	20 0 2B19331	EUR VAT Number	FR75352256200
Incorporation Date	11/1989	Formation Date	10/1989
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Establishment details

Activity (APE)	Retail sale of leather goods and travel goods (4772B)	Business Pages FT®	MAROQUINERIE ET ARTICLES DE VOYAGE (DETAIL)
Postal Address	AFCM DIFFUSION LOXWOOD 14 RUE DU CHERCHE MIDI 75006 PARIS 6	Trading Address	14 RUE DU CHERCHE MIDI 75006 PARIS 6
Telephone	01 42 22 11 21
Fax

Type	Head office	Status	Economically active
Formation Date	12/2003	Reason for formation	Purchase
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Paris (75)	Region	Ile-de-France
District	1	Area	99
City	PARIS 6	Size of urban area	Paris conglomeration

Other establishments

Branches	3 branch entities in this company
Head office	> AFCM DIFFUSION <<< - Commerce de détail de maroquinerie et d'articles de voyage (4772B) in PARIS 6 (75006)
Secondary establishments	> AFCM DIFFUSION - Commerce de détail de maroquinerie et d'articles de voyage (524F) in PARIS 9 (75009) > AFCM DIFFUSION - Commerce de détail de maroquinerie et d'articles de voyage (524F) in LE PECQ (78230) > AFCM DIFFUSION - Commerce de détail de maroquinerie et d'articles de voyage (4772B) in CROISSY SUR SEINE (78290) > AFCM DIFFUSION - Commerce de détail de maroquinerie et d'articles de voyage (4772B) in PARIS 8 (75008)

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit with multiple establishments having main activities in many divisions, which no activity grouping more than 50% of workforce

Workforces
	Workforce at address	3 to 5 employees	Company workforce	10 to 19 employees

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	09/05/2014	07/12/2012	10/09/2011
Activity Code	4772B	4772B	4772B
Employees	7	0	12

Active account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median2012
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	963,278	-28.9%	1,355,756	-5.1%	1,428,846	89,377	977.8%
- Intangible assets	719,212	0.2%	717,683	0.4%	714,470	54,881.50	1210.5%
- Tangible assets	37,374	-90.3%	385,628	-3.9%	401,448	11,578	222.8%
- Financial assets	206,691	-18.1%	252,445	-19.3%	312,928	3,016	6753.1%
Net current assets	1,424,205	-32.8%	2,120,913	16.1%	1,827,148	123,016	1057.7%
- Stocks	797,927	-13.1%	918,651	1.2%	907,982	66,728	1095.8%
- Advanced payments	1,420	-32.8%	1,920	-23.7%	2,517	0	0%
- Receivables	289,091	-54.8%	639,405	46.9%	435,349	7,698.50	3655.2%
- Securities and cash	335,767	-40.1%	560,937	16.5%	481,300	24,231	1285.7%
- Prepaid expenses	-	-	-	-	-	600	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	2,387,483	-31.3%	3,476,669	6.8%	3,255,995	250,160.50	854.4%

Passive Account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median2012
Shareholders' equity	1,299,333	32.4%	981,407	10.2%	890,837	60,942	2032.1%
Share capital	996,874	0%	996,874	0%	996,874	8,000	12360.9%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	13,744	-66.0%	40,365	0	0%
Liabilities	1,088,150	-56.1%	2,481,517	6.7%	2,324,792	152,050	615.7%
- Financial liabilities	913,745	-55.4%	2,048,216	7.8%	1,900,449	36,102	2431.0%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	97,307	-65.7%	283,874	11.9%	253,792	37,455	159.8%
- Tax and social liabilities	77,099	-48.4%	149,427	-6.2%	159,339	24,353	216.6%
- Other debts and fixed assets liabilities	0	0%	0	0%	11,211	5,977.50	0%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	2,387,483	-31.3%	3,476,669	6.8%	3,255,995	250,161	854.4%

Results

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median2012
Sales of Goods	2,220,699	-18.6%	2,728,525	-4.1%	2,844,034	284,770.50	679.8%
Net turnover	2,212,653	-17.2%	2,671,241	1.0%	2,643,803	281,479.50	686.1%
- of which net export turnover	287,067	9.4%	262,316	-25.9%	353,836	0	0%
Operating charges	2,718,069	2.2%	2,660,846	-5.2%	2,805,727	270,085	906.4%
Operating profit/loss	-497,370	-834.9%	67,679	76.7%	38,307	8,982	-5637.4%
Financial income	15,704	31.3%	11,964	-31.1%	17,352	01	1570300%
Financial charges	4,973	-86.1%	35,754	-65.5%	103,487	1,069	365.2%
Financial profit/loss	10,731	145.1%	-23,790	72.4%	-86,135	-758.50	1514.8%
Pretax net operating income	-486,639	-1208.8%	43,889	191.8%	-47,828	7,399	-6677.1%
Extraordinary income	1,209,987	1718.9%	66,523	-46.0%	123,212	0	0%
Extraordinary charges	427,729	764.4%	49,481	-20.5%	62,257	31.50	1357769.8%
Extraordinary profit/loss	782,258	4490.2%	17,042	-72.0%	60,955	0	0%
Net result	317,924	251.0%	90,570	377.5%	18,969	6,978	4456.1%

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	2,387,483	-31.3%	3,476,669	6.8%	3,255,995
	Gross	CO	2,981,750	-30.8%	4,309,616	7.9%	3,993,957
	Amortisation	1A	594,267	-28.7%	832,947	12.9%	737,962

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	963,278	-28.9%	1,355,756	-5.1%	1,428,846
	Gross	BJ	1,556,749	-28.8%	2,187,908	1.0%	2,165,595
	Amortisation	BK	593,472	-28.7%	832,152	12.9%	736,749

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	19,212	8.6%	17,683	22.2%	14,470
	Gross	AF	37,196	27.1%	29,261	38.6%	21,111
	Amortisation	AG	17,984	55.3%	11,578	74.3%	6,641
	Goodwill	Net	700,000	0%	700,000	0%	700,000
	Gross	AH	700,000	0%	700,000	0%	700,000
	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	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	719,212	0.2%	717,683	0.4%	714,470

Tangilble fixed assets

			31/12/2012		31/12/2011		31/12/2010
	Lands	Net	0	0%	0	0%	0
	Gross	AN	0	0%	0	0%	0
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	4,318	-98.2%	242,126	-7.2%	260,875
	Gross	AP	6,000	-98.4%	374,325	0%	374,325
	Amortisation	AQ	1,682	-98.7%	132,199	16.5%	113,450
	Plant	Net	0	0%	2,112	-11.6%	2,390
	Gross	AR	13,484	-73.2%	50,318	4.9%	47,968
	Amortisation	AS	13,484	-72.0%	48,206	5.8%	45,578
	Other tangible fixed assets	Net	33,056	-76.6%	141,390	2.3%	138,183
	Gross	AT	357,536	-33.5%	537,634	8.3%	496,645
	Amortisation	AU	324,479	-18.1%	396,244	10.5%	358,462
	Fixed assets in construction	Net	0	0%	0	0%	0
	Gross	AV	0	0%	0	0%	0
	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	37,374		385,628		401,448

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	235,843	236.9%	70,000	0%	70,000
	Amortisation	CV	235,843	236.9%	70,000	0%	70,000
	Inter-company receivables	Net	0	0%	0	0%	0
	Gross	BB	0	0%	173,925	22.0%	142,618
	Amortisation	BC	0	0%	173,925	22.0%	142,618
	Other investment securities	Net	144,706	21.1%	119,539	-17.4%	144,706
	Gross	BD	144,706	21.1%	119,539	-17.4%	144,706
	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	61,985	-53.4%	132,906	-21.0%	168,222
	Gross	BH	61,985	-53.4%	132,906	-21.0%	168,222
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		206,691		252,445		312,928

Current Assets (III)

			31/12/2012		31/12/2011		31/12/2010
	Total Assets	Net	1,424,205	-32.8%	2,120,913	16.1%	1,827,148
	Gross	CJ	1,425,001	-32.8%	2,121,709	16.0%	1,828,362
	Amortisation	CK	796	0%	796	-34.4%	1,214

Stocks

			31/12/2012		31/12/2011		31/12/2010
	Raw materials	Net	21,232	-34.0%	32,180	-3.3%	33,275
	Gross	BL	21,232	-34.0%	32,180	-3.3%	33,275
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	0	0%	0	0%	0
	Gross	BN	0	0%	0	0%	0
	Amortisation	BO	0	0%	0	0%	0
	Work in progress (services)	Net	0	0%	0	0%	0
	Gross	BP	0	0%	0	0%	0
	Amortisation	BQ	0	0%	0	0%	0
	Semi-finished and finished products	Net	0	0%	0	0%	0
	Gross	BR	0	0%	0	0%	0
	Amortisation	BS	0	0%	0	0%	0
	Goods for resale	Net	776,695	-12.4%	886,471	1.3%	874,707
	Gross	BT	776,695	-12.4%	886,471	1.3%	874,707
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	797,927	-13.1%	918,651	1.2%	907,982

Advance payments to suppliers

			31/12/2012		31/12/2011		31/12/2010
	Advance payments to suppliers	Net	1,420	-26.0%	1,920	-23.7%	2,517
	Gross	BV	1,420	-26.0%	1,920	-23.7%	2,517
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2012		31/12/2011		31/12/2010
	Trade accounts receivable	Net	104,611	-49.5%	207,080	102.0%	102,538
	Gross	BX	105,407	-49.3%	207,876	100.4%	103,752
	Amortisation	BY	796	0%	796	-34.4%	1,214
	Other debtors	Net	118,158	-58.4%	283,876	9.1%	260,114
	Gross	BZ	118,158	-58.4%	283,876	9.1%	260,114
	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	222,769	-54.6%	490,956	35.4%	362,652

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	335,767	-40.1%	560,937	16.5%	481,300
	Gross	CF	335,767	-40.1%	560,937	16.5%	481,300
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	335,767	-40.1%	560,937	16.5%	481,300

Prepaid expenses

			31/12/2012		31/12/2011		31/12/2010
	Prepaid expenses	Net	66,322	-55.3%	148,449	104.2%	72,697
	Gross	CH	66,322	-55.3%	148,449	104.2%	72,697
	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	0	0%	0	0%	0
Gross		0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Accounts - Passive
Other capital resources | Provisions for risks and charges | Liabilities | Translation loss | Equalization accounts | References

Grand Total - Passive Accounts (I to IV)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to V)	EE	2,387,483	-31.3%	3,476,669	6.8%	3,255,995

Shareholder Equity (I)

			31/12/2012		31/12/2011		31/12/2010
	Total shareholders' equity (Total I)	DL	1,299,333	32.4%	981,407	10.2%	890,837
	Equity and shareholders' equity	DA	996,874	0%	996,874	0%	996,874
	Issue and merger premiums	DB	200,127	0%	200,127	0%	200,127
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	7,345	0%	7,345	0%	7,345
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	0	0%	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	69,328	0%	69,328	0%	69,328
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	-292,266	23.7%	-382,837	4.7%	-401,806
	Profit or loss for the period	DI	317,924	251.0%	90,570	377.5%	18,969
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0	0%	0

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	0	0%	13,744	-66.0%	40,365
	Risk provisions	DP	0	0%	13,744	-66.0%	40,365
	Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

			31/12/2012		31/12/2011		31/12/2010
	Total Liabilities (Total IV)	EC	1,088,150	-56.1%	2,481,517	6.7%	2,324,792
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	19,071	-99.0%	1,955,303	8.0%	1,811,101
	Sundry loans and financial liabilities	DV	894,674	862.9%	92,913	4.0%	89,348
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	97,307	-65.7%	283,874	11.9%	253,792
	Tax and social security liabilities	DY	77,099	-48.4%	149,427	-6.2%	159,339
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	0	0%	0	0%	11,211

Translation loss (V)

		31/12/2012		31/12/2011		31/12/2010
Translation loss (Total V)	ED	0	0%	0	0%	0

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	396,086	-9.1%	435,911	-73.0%	1,617,311
Of which current bank facilities	EH	19,071	-98.6%	1,337,170	12.1%	1,192,963

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	-497,370	-834.9%	67,679	76.7%	38,307

2 -Financial result(V - VI)

		31/12/2012		31/12/2011		31/12/2010
Financial result (Total V-VI)	GV	10,731	145.1%	-23,790	72.4%	-86,135

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	-486,639	-1208.8%	43,889	191.8%	-47,828

4 -Extraordinary result(VII-VIII)

		31/12/2012		31/12/2011		31/12/2010
Extraordinary result (Total VII-VIII)	HI	782,258	4490.2%	17,042	-72.0%	60,955

Profit or loss

		31/12/2012		31/12/2011		31/12/2010
Profit or loss	HN	317,924	251.0%	90,570	377.5%	18,969

Total Income (I+III+V+VII)

		31/12/2012		31/12/2011		31/12/2010
Total Income (I+III+V+VII)	HL	3,446,389	22.8%	2,807,012	-6.0%	2,984,598

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	3,128,465	15.2%	2,716,441	-8.4%	2,965,629

Operating income(I)

		31/12/2012		31/12/2011		31/12/2010
Total operating income (Total I)	FR	2,220,699	-18.6%	2,728,525	-4.1%	2,844,034

Operating income (details)

			31/12/2012		31/12/2011		31/12/2010
	Sale of goods for resale	FC	2,205,640	-17.2%	2,664,794	0.9%	2,640,233
	France	FA	1,918,573	-20.1%	2,402,478	5.1%	2,286,397
	Export	FB	287,067	9.4%	262,316	-25.9%	353,836
	Sale of goods produced	FF	0	0%	0	0%	0
	France	FD	0	0%	0	0%	0
	Export	FE	0	0%	0	0%	0
	Sale of services	FI	7,013	8.8%	6,447	80.6%	3,570
	France	FG	7,013	8.8%	6,447	80.6%	3,570
	Export	FH	0	0%	0	0%	0
	Net turnover	FL	2,212,653	-17.2%	2,671,241	1.0%	2,643,803
	France	FJ	1,925,586	-20.1%	2,408,925	5.2%	2,289,967
	Export	FK	287,067	9.4%	262,316	-25.9%	353,836
	Stocked production	FM	0	0%	0	0%	0
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	3,000	-89.8%	29,503	-84.3%	187,696
	Release of reserves and provisions	FP	2,922	-88.6%	25,622	239.3%	7,551
	Other income	FQ	2,123	-1.7%	2,159	-56.7%	4,984

Operating charges(II)

		31/12/2012		31/12/2011		31/12/2010
Total operating charges (Total II)	GF	2,718,069	2.2%	2,660,846	-5.2%	2,805,727

Exploitation charges

		31/12/2012		31/12/2011		31/12/2010
Purchase of goods for resale	FS	984,266	-2.3%	1,007,658	-5.3%	1,063,793
Change in stocks of goods for resale	FT	109,776	1033.2%	-11,764	77.0%	-51,255
Purchase of raw materials	FU	28,787	10.0%	26,164	-29.5%	37,130
Change in stocks of raw materials	FV	10,948	899.8%	1,095	106.9%	-15,782
Other external purchases and charges	FW	941,152	-3.4%	974,200	-7.6%	1,054,358
Tax, duty and similar payments	FX	26,497	-26.9%	36,249	-8.6%	39,672
Payroll	FY	341,298	-0.9%	344,451	-5.0%	362,408
Social security costs	FZ	142,960	3.5%	138,167	2.8%	134,407

Depreciation

		31/12/2012		31/12/2011		31/12/2010
Depreciation of fixed assets	GA	46,012	-28.2%	64,096	-34.7%	98,230
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0	0%	1,214
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2012		31/12/2011		31/12/2010
Other charges	GE	86,373	7.3%	80,530	-1.3%	81,552

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	15,704	31.3%	11,964	-31.1%	17,352
	Share financial income	GJ	0	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	1,414	143.8%	580	-88.2%	4,930
	Released provisions and transferred charges	GM	8,082	0%	0	0%	0
	Exchange gains	GN	6,209	-45.5%	11,384	-8.4%	12,422
	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	4,973	-86.1%	35,754	-65.5%	103,487
	Financial reserves and provisions	GQ	0	0%	31,307	20.9%	25,895
	Interest and similar charges	GR	4,374	-1.6%	4,447	-94.1%	75,389
	Exchange losses	GS	599	0%	0	0%	2,203
	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	1,209,987	1718.9%	66,523	-46.0%	123,212
	Extraordinary operating income	HA	131,243	228.9%	39,902	113905.7%	35
	Extraordinary income from capital transactions	HB	1,065,000	0%	0	0%	0
	Released provisions and transferred charges	HC	13,744	-48.4%	26,621	-78.4%	123,177

Extraordinary charges(VIII)

			31/12/2012		31/12/2011		31/12/2010
	Total extraordinary charges (Total VIII)	HH	427,729	764.4%	49,481	-20.5%	62,257
	Extraordinary operating charges	HE	114,277	131.0%	49,481	-20.5%	62,257
	Extraordinary charges from capital transactions	HF	313,451	0%	0	0%	0
	Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing(IX)

		31/12/2012		31/12/2011		31/12/2010
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits(X)

		31/12/2012		31/12/2011		31/12/2010
Tax on profits (Total X)	HK	-22,306	24.7%	-29,640	-407.4%	-5,842

References

		31/12/2012		31/12/2011		31/12/2010
Of which equipment leases	HP	2,930	-18.7%	3,606	-48.0%	6,940
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	2,922	-88.4%	25,204	0%	0
Of which trader's own contributions	A2	30,176	11.8%	27,003	10.7%	24,388
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	75,010	-4.9%	78,904	8.4%	72,799

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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
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	13,500	0%	0
	Decreasess by transfers	OK2	665,977	1001.1%	60,483	0%	0
	Gross value at the end of period	OL	1,556,749	-28.8%	2,187,907	1.0%	2,165,594

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
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets(Total II)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	KD	729,261	1.1%	721,111	1.5%	710,296
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	7,935	-2.6%	8,150	-24.6%	10,815
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	0	0%	0
	Gross value at the end of period	LW	737,196	1.1%	729,261	1.1%	721,111

Tangible fixed assets (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LN	962,277	4.7%	918,938	0%	918,938
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	1,717	-97.0%	56,839	0%	0
	Decreasess by budget item transfer	NG1	0	0%	13,500	0%	0
	Decreasess by transfers	NG2	586,974	0%	0	0%	0
	Gross value at the end of period	NH	377,020	-60.8%	962,277	4.7%	918,938

Financial assets (Total IV)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LQ	496,370	-5.6%	525,546	60.9%	326,611
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	25,167	-19.6%	31,307	-84.3%	198,934
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	79,003	30.6%	60,483	0%	0
	Gross value at the end of period	NK	442,534	-10.8%	496,370	-5.6%	525,545

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
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2012		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
Decreasess		PC	0	0%	0	0%	0
	Decreasess 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	11,578	74.3%	6,641	89.0%	3,514
Increases		PF	6,406	29.8%	4,937	57.9%	3,127
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	17,984	55.3%	11,578	74.3%	6,641

Total fixed assets amotisation(Total III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	QU	576,649	11.4%	517,490	22.5%	422,387
Increases		QV	39,606	-33.1%	59,159	-37.8%	95,102
Decreases		QW	276,609	0%	0	0%	0
	Decreasess by budget item transfer	QX	339,645	-41.1%	576,649	11.4%	517,489

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
	Decreasess 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 begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet

Grand Total (I-II-III)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining 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 begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining 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 begining of period	7B	0	0%	0	0%	0
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	0	0%	0	0%	0

State deadlines claims and debts at the end of period

State claims

		31/12/2012		31/12/2011		31/12/2010
Gross value	VT	351,872	0%	0	0%	0
1 year at most	VU	289,887	0%	0	0%	0
More than one year	VV	61,985	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	61,985	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	1,591	0%	0	0%	0
Other claims customer	UX	103,816	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	100	0%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	48,330	0%	0	0%	0
Value added tax	VB	3,349	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	66,379	0%	0	0%	0

Prepaid

		31/12/2012		31/12/2011		31/12/2010
Prepaid	VS	66,322	0%	0	0%	0

State Debt

			31/12/2012		31/12/2011		31/12/2010
	Total debt (gross)	VY	1,088,150	0%	0	0%	0
1 year at most		VZ2	396,086	0%	0	0%	0
More than 1 year and 5 years at most		VZ3	443,945	0%	0	0%	0
More than 5 years		VZ4	248,119	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	19,071	0%	0	0%	0
1 year at most		VG2	19,071	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	798,611	0%	0	0%	0
1 year at most		8A2	106,547	0%	0	0%	0
More than 1 year and 5 years at most		8A3	443,945	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	97,307	0%	0	0%	0
1 year at most		8B2	97,307	0%	0	0%	0
More than 1 year and 5 years at most		8B3	97,307	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	18,993	0%	0	0%	0
1 year at most		8C2	18,993	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	35,863	0%	0	0%	0
1 year at most		8D2	35,863	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	14,264	0%	0	0%	0
1 year at most		VW2	14,264	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	7,979	0%	0	0%	0
1 year at most		VQ2	7,979	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	96,063	0%	0	0%	0
1 year at most		VI2	96,063	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	07	0%	0	0%	12

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 Median2012
Fixed Asset Financing		1.79	54.3%	1.16	5.5%	1.10	1.34	33.6%
Global Debt		177days	-47.0%	334days	5.4%	317days	177days	0%
Working Capital Fund overall net		200days	325.5%	47days	62.1%	29days	55.50days	260.4%
Financial independence		6813.14%	13474.7%	50.19%	2.0%	49.19%	182.19%	3639.6%
More ratios
Solvability		54.42%	92.8%	28.23%	3.2%	27.36%	31.50%	72.8%
Capacity debt futures		6813.14%	-	%	-	%	851.40%	700.2%
Coverage of current assets by net working capital overall		90.58%	410.0%	17.76%	48.6%	11.95%	37.92%	138.9%
General Liquidity		0.73	-		-		0.07	942.9%
Restricted Liquidity		1.58	-		-		0.36	338.9%

Management or rotation

		31/12/2012		31/12/2011		31/12/2010	Sector Median2012
Need background in operating working capital		138days	4.5%	132days	13.8%	116days	7.50days	1740.0%
Treasury		52days	149.5%	-105days	-8.2%	-97days	7days	642.9%
Inventory turnover of goods		256days	-20.0%	320days	2.9%	311days	169days	51.5%
Average length of credit granted to customers		17days	-39.3%	28days	100%	14days	0days	0%
Average length of credit obtained suppliers		17days	-66.7%	51days	15.9%	44days	59days	-71.2%
More ratios
Inventory turnover of raw materials in industrial enterprises		24days	-40.0%	40days	29.0%	31days	0days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	402.50days	-
Rotation tangible assets		586.88%	111.4%	277.60%	-3.5%	287.70%	602.93%	-2.7%

Profitability of the business

		31/12/2012		31/12/2011		31/12/2010	Sector Median2012
Margin trading		50.24%	-19.6%	62.48%	1.5%	61.57	44.87%	12.0%
Profitability of the business		-16.72	-342.0%	6.91	-11.6%	7.82	5.18%	-422.8%
Net profit		14.37%	323.9%	3.39%	370.8%	0.72%	2.59%	454.8%
More ratios
Growth rate of turnover (excluding VAT)		-17.17%	-1751.0%	1.04%	-75.6%	4.26%	1.25%	-1473.6%
Rates integration		6.22%	-75.3%	25.23%	20.1%	21.01%	26.75%	-76.7%
Rate leasing furniture		0.13%	0%	0.13%	-50.0%	0.26%	0%	0%
Work Factor		329.70%	387.6%	67.61%	-20.5%	85.04%	72.07%	357.5%
Weight interests		0.22	-83.6%	1.34%	-65.7%	3.91%	0.38%	-42.1%

Return on capital

		31/12/2012		31/12/2011		31/12/2010	Sector Median2012
Cash flow from the overall profitability		-17.52%	-351.7%	6.96%	28.7%	5.41%	4.58%	-482.5%
Rates of economic profitability		-17%	-383.3%	6%	-14.3%	7%	11%	-254.5%
Financial profitability		1299333%	32.4%	981407%	10.2%	890837%	11602.50%	11098.7%
Return on investment		14.59%	249.9%	4.17%	-5.0%	4.39%	7.57%	92.7%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2012		31/12/2011		31/12/2010	Sector Median2012
Turnover	2,212,653	-17.2%	2,671,241	1.0%	2,643,803	281,480 €	686.1%

Sales of goods	2,205,640	-17.2%	2,664,794	0.9%	2,640,233
- Purchase of goods	984,266	-2.3%	1,007,658	-5.3%	1,063,793
+/- Stock of goods variation	109,776	1033.2%	-11,764	77.0%	-51,255
Trading margin	1,111,598 €	-33.4%	1,668,900 €	2.5%	1,627,695 €	122,501.50 €	807.4%
	50.24 % CA	-19.6%	62.48 % CA	1.5%	61.57 % CA	44.91 % CA	11.9%

Sale of goods produced	7,013	8.8%	6,447	80.6%	3,570
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	7,013 €	8.8%	6,447 €	80.6%	3,570 €	0 €	0%
	0.32 % CA	33.3%	0.24 % CA	71.4%	0.14 % CA	0 % CA	0%

Trading margin	1,111,598	-33.4%	1,668,900	2.5%	1,627,695	122,501.50	807.4%
+ Period Production	7,013	8.8%	6,447	80.6%	3,570	0	0%
- Purchase of raw materials	28,787	10.0%	26,164	-29.5%	37,130
+/- Change in stocks of raw materiels	10,948	899.8%	1,095	106.9%	-15,782
- Other external purchases and charges	941,152	-3.4%	974,200	-7.6%	1,054,358
Added value	137,724 €	-79.6%	673,888 €	21.3%	555,559 €	74,187 €	85.6%
	6.22 % CA	-75.3%	25.23 % CA	20.1%	21.01 % CA	26.75 % CA	-76.7%

Added value	137,724 €	-79.6%	673,888 €	21.3%	555,559 €	74,187 €	85.6%
+ Operating grants	3,000	-89.8%	29,503	-84.3%	187,696
- Tax, duty and similar payments	26,497	-26.9%	36,249	-8.6%	39,672
- Personal charges	484,258	0.3%	482,618	-2.9%	496,815
Gross operating surplus	-370,031 €	-300.5%	184,524 €	-10.8%	206,768 €	13,530 €	-2834.9%
	-16.72 % CA	-342.0%	6.91 % CA	-11.6%	7.82 % CA	5.18 % CA	-422.8%

Gross operating surplus	-370,031 €	-300.5%	184,524 €	-10.8%	206,768 €	13,530 €	-2834.9%
+ Release of reserves and provisions	2,922	-88.6%	25,622	239.3%	7,551
+ Other operating income	2,123	-1.7%	2,159	-56.7%	4,984
- Depreciation/Amortisation	46,012	-28.2%	64,096	-35.5%	99,444
- Other charges	86,373	7.3%	80,530	-1.3%	81,552
Operating result	-497,371 €	-834.9%	67,679 €	76.7%	38,307 €	8,982 €	-5637.4%
	-22.48 % CA	-988.5%	2.53 % CA	74.5%	1.45 % CA	3.50 % CA	-742.3%

Operating result	-497,371 €	-834.9%	67,679 €	76.7%	38,307 €	8,982 €	-5637.4%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	15,704	31.3%	11,964	-31.1%	17,352
- Financial charges	4,973	-86.1%	35,754	-65.5%	103,487
Pre-tax result	-486,640 €	-1208.8%	43,889 €	191.8%	-47,828 €	7,399 €	-6677.1%
	-21.99 % CA	-1440.9%	1.64 % CA	190.6%	-1.81 % CA	2.89 % CA	-860.9%

Extraordinary income	1,209,987	1718.9%	66,523	-46.0%	123,212	0	0%
- Extraordinary charges	427,729	764.4%	49,481	-20.5%	62,257
Extraordinary result	782,258 €	4490.2%	17,042 €	-72.0%	60,955 €	0 €	0%
	35.35 % CA	5423.4%	0.64 % CA	-72.3%	2 % CA	0 % CA	0%

Pre-tax result	-486,640 €	-1208.8%	43,889 €	191.8%	-47,828 €	7,399 €	-6677.1%
Extraordinary result	782,258 €	4490.2%	17,042 €	-72.0%	60,955 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	-22,306	24.7%	-29,640	-407.4%	-5,842
Net result	317,924 €	251.0%	90,571 €	377.5%	18,969 €	6,978.50 €	4455.8%
	14.37 % CA	323.9%	3.39 % CA	370.8%	0.72 % CA	2.60 % CA	452.7%

Judgements

Collective procedures

Courts

Judgment	Procédure de sauvegarde	Effective date	07/06/2012
Court	VERSAILLES
Details Par Arrêt de la Cour d'Appel de PARIS en date du 20/03/2012, il a infirmé le jugement rendu le 3/10/2011 ayant rejeté le plan de sauvegarde et au vu de l'article L 661-9 du Code de Comerce, ouvre une nouvelle période d'observation d'une durée de 3 mois et renvoie l'affaire devant le Tribunal de Commerce de PARIS

Judgment	Procédure de sauvegarde	Effective date	08/10/2010
Court	VERSAILLES
Details Le tribunal de commerce de PARIS a prononcé en date du 29/09/2010 l'ouverture d'une procédure de sauvegarde, Administrateur SCP VALLIOT LE GUERNEVE ABITBOL en la personne de Me ABITBOL, 41 rue du Four - 75006 PARIS - avec pour mission de : surveiller , Mandataire judiciaire SELAFA MJA en la personne de Me Frédérique LEVY, 102 rue du Faubourg Saint Denis CS10023 - 75479 PARIS CEDEX 10 - . Les déclarations de créances sont à déposer au Mandataire Judiciaire dans les deux mois de la publication au Bodacc du jugement d'ouverture.

Judgment	Procédure de sauvegarde	Effective date	29/09/2010
Court	PARIS
Details LE TRIBUNAL DE COMMERCE DE PARIS A PRONONCE EN DATE DU 29/09/2010 L'OUVERTURE D'UNE PROCEDURE DE SAUVEGARDE SOUS LE NUMERO P201002866 ET A DESIGNE JUGE COMMISSAIRE : Monsieur GENTIN, JUGE COMMISSAIRE SUPPLEANT : Monsieur FRAIBERGER, ADMINISTRATEUR : SCP VALLIOT-LE GUERNEVE-ABITBOL en la personne de Me ABITBOL 41 rue du Four 75006 Paris, AVEC POUR MISSION : de surveiller, MANDATAIRE JUDICIAIRE : SELAFA MJA en la personne de Me Frédérique LEVY 102 rue du Faubourg Saint-Denis CS10023 75479 Paris Cedex 10, ET A OUVERT UNE PERIODE D'OBSERVATION EXPIRANT LE 29/03/2011, LES DECLARATIONS DES CREANCES SONT A DEPOSER AU MANDATAIRE JUDICIAIRE DANS LES DEUX MOIS DE LA PUBLICATION AU BODACC DU JUGEMENT D'OUVERTURE.

Rncs

Judgment	Plan de sauvegarde	Effective date	25/06/2012
Director	ME SCP VALLIOT-LE GUERNEVE-ABITBOL EN LA PERSONNE DE ME ABITBOL	Position	Court-appointed reviewer of a proposal
Address	75006
Director	ME SELAFA MJA EN LA PERSONNE DE ME FRÉDÉRIQUE LEVY	Position	Representative judicial
Address	75479

Judgment	Procédure de sauvegarde	Effective date	29/09/2010
Director	ME SELAFA MJA EN LA PERSONNE DE ME FRÉDÉRIQUE LEVY	Position	Representative judicial
Address	75479
Director	ME SCP VALLIOT-LE GUERNEVE-ABITBOL EN LA PERSONNE DE ME ABITBOL	Position	Court-appointed reviewer of a proposal
Address	75006

Bodacc

Judgment	Jugement lié aux créances	Effective date	27/11/2012
Court	Paris	Parution date from Gazette	11/12/2012
Avis de dépôt Liste des créances nées après le jugement d'ouverture d'une procédure de redressement judiciaire La liste des créances de l'article L 622-17 du code de commerce est déposée au greffe où tout intéressé peut contester cette liste devant le juge-commissaire dans le délai d'un mois à compter de la présente publication.

Judgment	Jugement lié au plan de sauvegarde	Effective date	25/06/2012
Court	Paris	Parution date from Gazette	17/07/2012
Extrait de jugement Jugement arrêtant le plan de sauvegarde Jugement arrêtant le plan de sauvegarde, durée du plan 8 nommant Commissaire à l'exécution du plan SCP Valliot-le Guerneve-Abitbol en la personne de Me Abitbol.

Judgment	Autres jugements et ordonnances	Effective date	20/03/2012
Court	Paris	Parution date from Gazette	18/04/2012
Arrêt de la Cour d'Appel Autre arrêt de la Cour d'Appel Par arrêt de la Cour d'Appel de Paris en date du : 20 mars 2012 infirme le jugement rendu le 03/10/2011 ayant rejeté le plan de sauvegarde vu l'article L661-9 du code de commerce. Ouvre une nouvelle période d'observation d'une durée de 3 mois. Renvoie l'affaire devant le tribunal de commerce de Paris

Judgment	Jugement lié aux créances	Effective date	19/07/2011
Court	Paris	Parution date from Gazette	16/10/2012
Avis de dépôt Dépôt de l'état des créances L'état des créances est déposé au greffe où tout intéressé peut présenter réclamation devant le juge-commissaire dans le délai d'un mois à compter de la présente publication.

Judgment	Procédure de sauvegarde	Effective date	29/09/2010
Court	Paris	Parution date from Gazette	27/10/2010
Jugement d'ouverture Jugement d'ouverture d'une procédure de sauvegarde Jugement prononçant l'ouverture d'une procédure de sauvegarde et désignant mandataire judiciaire Selafa Mja en la personne de Me Frédérique Levy 102 rue du Faubourg Saint-Denis Cs10023 75479 Paris Cedex 10. Les déclarations de créances sont à déposer auprès du Mandataire Judiciaire dans les deux mois de la présente publication.

Judgment	Homologation de concordat	Effective date	15/09/2008
Court	Paris	Parution date from Gazette	10/10/2008
Extrait de jugement Jugement d'homologation de l'accord Jugement d'homologation de l'accord intervenu dans la procédure de conciliation. Le jugement est déposé au greffe où tout intéressé peut en prendre connaissance.

Other sources

No recent judgment publication in other sources for the company.

Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Status of collection

This company is not under monitoring

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
02/06/2014	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 10922 - 352256200 RCS. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Adresse : 14 rue du Cherche-Midi 75006 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
11/12/2012	Bodacc A	Avis de dépôt
75 - PARIS TRIBUNAL DE COMMERCE DE PARIS 3540 - Date : 27 novembre 2012. Liste des créances nées après le jugement d'ouverture d'une procédure de redressement judiciaire. 352 256 200 RCS Paris. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Activité : Maroquinerie chaussures habillement et articles connexes. Adresse : 14 rue du Cherche-Midi, 75006 Paris. Complément de jugement : La liste des créances de l'article L 622-17 du code de commerce est déposée au greffe où tout intéressé peut contester cette liste devant le juge-commissaire dans le délai d'un mois à compter de la présente publication.
19/11/2012	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 8393 - 352256200 RCS. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Adresse : 14 rue du Cherche-Midi 75006 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
16/10/2012	Bodacc A	Avis de dépôt
75 - PARIS TRIBUNAL DE COMMERCE DE PARIS 3254 - Date : 19 juillet 2011. Dépôt de l'état des créances. 352 256 200 RCS Paris. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Activité : Maroquinerie chaussures habillement et articles connexes. Adresse : 14 rue du Cherche-Midi, 75006 Paris. Complément de jugement : L'état des créances est déposé au greffe où tout intéressé peut présenter réclamation devant le juge-commissaire dans le délai d'un mois à compter de la présente publication.
17/07/2012	Bodacc A	Extrait de jugement
75 - PARIS TRIBUNAL DE COMMERCE DE PARIS 2723 - Date : 25 juin 2012. Jugement arrêtant le plan de sauvegarde. 352 256 200 RCS Paris. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Activité : Maroquinerie chaussures habillement et articles connexes. Adresse : 14 rue du Cherche-Midi, 75006 Paris. Complément de jugement : Jugement arrêtant le plan de sauvegarde, durée du plan 8 nommant Commissaire à l'exécution du plan SCP Valliot-le Guerneve-Abitbol en la personne de Me Abitbol.
18/04/2012	Bodacc A	Arrêt de la Cour d'Appel
75 - PARIS TRIBUNAL DE COMMERCE DE PARIS 2123 - Date : 20 mars 2012. Autre arrêt de la Cour d'Appel. 352 256 200 RCS Paris. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Activité : Maroquinerie chaussures habillement et articles connexes. Adresse : 14 rue du Cherche-Midi, 75006 Paris. Complément de jugement : Par arrêt de la Cour d'Appel de Paris en date du : 20 mars 2012 infirme le jugement rendu le 03/10/2011 ayant rejeté le plan de sauvegarde vu l'article L661-9 du code de commerce. Ouvre une nouvelle période d'observation d'une durée de 3 mois. Renvoie l'affaire devant le tribunal de commerce de Paris.
14/10/2011	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 6470 - 352256200 RCS. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Adresse : 14 rue du Cherche-Midi 75006 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
27/10/2010	Bodacc A	Jugement d'ouverture
75 - PARIS TRIBUNAL DE COMMERCE DE PARIS 2630 - Date : 29 septembre 2010. Jugement d'ouverture d'une procédure de sauvegarde. 352 256 200 RCS Paris. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Activité : Maroquinerie chaussures habillement et articles connexes. Adresse : 14 rue du Cherche-Midi, 75006 Paris. Complément de jugement : Jugement prononçant l'ouverture d'une procédure de sauvegarde et désignant mandataire judiciaire Selafa Mja en la personne de Me Frédérique Levy 102 rue du Faubourg Saint-Denis Cs10023 75479 Paris Cedex 10. Les déclarations de créances sont à déposer auprès du Mandataire Judiciaire dans les deux mois de la présente publication.
21/06/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7106 - 352256200 RCS. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Adresse : 14 R DU CHERCHE MIDI 75006 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
21/06/2010	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 7107 - 352256200 RCS. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Adresse : 14 R DU CHERCHE MIDI 75006 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
10/10/2008	Bodacc A	Extrait de jugement
75 - PARIS TRIBUNAL DE COMMERCE DE PARIS 2501 - Date : 15 septembre 2008. Jugement d'homologation de l'accord. 352 256 200 RCS Paris. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Activité : Maroquinerie chaussures habillement et articles connexes. Adresse : 14 rue du Cherche-Midi, 75006 Paris. Complément de jugement : Jugement d'homologation de l'accord intervenu dans la procédure de conciliation. Le jugement est déposé au greffe où tout intéressé peut en prendre connaissance.
21/08/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 5959 - 352256200 RCS. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Adresse : 14 rue du Cherche-Midi 75006 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
04/03/2008	Bodacc C	Comptes annuels et rapports
75 - PARIS GREFFE DU TRIBUNAL DE COMMERCE DE PARIS 4835 - 352256200 RCS. AFCM DIFFUSION. Forme : Société à responsabilité limitée. Adresse : 14 rue du Cherche-Midi 75006 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.
27/11/2007	Bodacc C	Avis de dépôt des comptes
2890 - 352 256 200. RCS Paris AFCM DIFFUSION. Forme: Société à responsabilité limitée. Adresse du siège social: 14 rue du Cherche-Midi 75006 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
13/09/2006	Bodacc C	Avis de dépôt des comptes
1120 - RCS Paris B 352 256 200. RC 02-B 19331. AFCM DIFFUSION. Forme: S.A.R.L.. Adresse du siège social: 14, R du Cherche Midi,Paris, 75006 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
18/06/2006	Bodacc B	Modifications et mutations diverses
1574 - RCS Paris B 352 256 200. RC 02-B 19331. AFCM DIFFUSION. Forme : S.A.R.L. Capital : 996 874 euros. Adresse du siège social : 14 rue du Cherche-Midi,, 75006 Commentaires : modification survenue sur le capital (augmentation).
11/05/2006	Bodacc C	Avis de dépôt des comptes
3184 - RCS Paris B 352 256 200. RC 02-B 19331. AFCM DIFFUSION. Forme: S.A.R.L.. Adresse du siège social: 14, R du Cherche Midi,Paris, 75006 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
27/01/2005	Bodacc B	Modifications et mutations diverses
1016 - RCS Paris B 352 256 200. RC 02-B 19331. AFCM DIFFUSION. Forme : S.A.R.L. Capital : 596 874 euros. Nom commercial : Loxwood. Commentaires : modification survenue sur le capital (augmentation).
26/01/2005	Bodacc B	Modifications et mutations diverses
1415 - RCS Paris B 352 256 200. RC 02-B 19331. AFCM DIFFUSION. Forme : S.A.R.L. Capital : 473 055 euros. Nom commercial : Loxwood. Commentaires : modification survenue sur le capital (augmentation).
12/10/2004	Bodacc B	Modifications et mutations diverses
RCS Paris B 352256200 RC 02-B 19331 AFCM DIFFUSION. Forme : S.A.R.L. Capital : 323 055 euros Nom commercial: Loxwood. Activité : achat, vente d'articles d' habillement, de textile, de maroquinerie, de cadeaux, d'accessoires et de produits services promotionnels ou publicitaires. Adresse du siège social : 14 rue du Cherche-Midi, 75006 Paris. Commentaires : cette société transfère son siège du 34 rue du Président-Wilson, 78230 le Pecq. Ancien RC : 92-B 22. Modification survenue sur l'adresse du siège social et la date de début d'activité Date de début d' activité: 30 octobre 1989. Date d'effet : 19 décembre 2002.
21/12/2003	Bodacc A	Création d'établissement
RCS Paris B 352256200 RC 02-B 19331 AFCM DIFFUSION. Forme : S.A.R.L. Capital : 323 055 euros Nom commercial: Loxwood. Adresse du siège social : 14 rue Vignon, 75009 Paris Etablissement principal: Activité : achat, vente d'articles d' habillement, de textile, de maroquinerie, de cadeaux et d' accessoires produits et services promotionnels ou publicitaires. Adresse : 14 rue Vignon, 75009 Paris Etablissement Complémentaire. Activité : maroquinerie, chaussures, habillement et articles connexes. Adresse : 14 rue du Cherche-Midi, 75006 Paris Etablissement complémentaire acquis par achat au prix stipulé de 790 000 euros Date de début d'activité: 30 octobre 1989. Date d'effet : 1 e r décembre 2003. Précédent propriétaire : MULBERRY COMPANY FRANCE S. A.R.L. RCS B 322960790 Publication légale: La Gazette du Palais du 4 décembre 2003. Oppositions : Cabinet Castaldi Mourre Sprague, 3 rue du Boccador, 75008 Paris.
19/10/2003	Bodacc B	Modifications et mutations diverses
RCS Paris B 352256200 RC 02-B 19331 AFCM DIFFUSION. Forme : S.A.R.L. Capital : 323 055 euros Nom commercial: Loxwood. Commentaires : modification survenue sur le capital (augmentation).
03/01/2003	Bodacc B	Modifications et mutations diverses
RCS Paris B 352256200 RC 02-B 19331 A.F. C.M. DIFFUSION. Forme : S.A.R.L. Capital : 22 000 euros Nom commercial: Loxwood. Activité : achat, vente d'articles d' habillement, de textile, de maroquinerie, de cadeaux, d'accessoires de produits et services promotionnels ou publicitaires. Adresse du siège social : 14 rue Vignon, 75009 Paris. Administration : gérant : MEUNIER ( Cyrille, Jean, Charles). Commentaires : cette société transfère son siège du 34 rue du Président-Wilson, 78230 Le Pecq. Ancien RC : 92-B 22. Date d'effet : 19 décembre 2002.
24/03/2002	Bodacc B	Modifications et mutations diverses
RCS Versailles B 352256200 RC 92-B 22 A. F.C.M. DIFFUSION. Forme : S.A.R.L. Capital : 22 000 euros Nom commercial: Loxwood. Commentaires : modification survenue sur le capital (augmentation).
12/11/2000	Bodacc B	Modifications et mutations diverses
RCS Versailles B 352256200 RC 92-B 22 A. F.C.M. DIFFUSION. Forme : S.A.R.L Nom commercial: Loxwood. Commentaires : modification survenue sur le nom commercial.
25/07/1996	Bodacc B	Modifications et mutations diverses
RCS *. RCS Versailles B 352 256 200 RC RC 92-B 22 A.F.C.M. DIFFUSION. Forme : S. A.R.L. Administration : gérant : MEUNIER (Cyrille, Jean, Charles). Commentaires : modification survenue sur l' administration.

Company events history

Date	Description
02/06/2014	Bodacc C : Deposit accounts notice
10/05/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
31/12/2012	New accounts available
11/12/2012	New collective procedure
08/12/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
19/11/2012	Bodacc C : Deposit accounts notice
16/10/2012	New collective procedure
17/07/2012	New collective procedure
25/06/2012	New collective procedure
07/06/2012	New collective procedure
18/04/2012	New collective procedure
31/12/2011	New accounts available
14/10/2011	Bodacc C : Deposit accounts notice
13/09/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
31/12/2010	New accounts available
27/10/2010	New collective procedure
08/10/2010	New collective procedure
29/09/2010	New collective procedure
29/09/2010	New collective procedure
21/06/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
31/12/2008	New accounts available
10/10/2008	New collective procedure
10/10/2008	New Bodacc A ads detected
21/08/2008	Bodacc C : Deposit accounts notice
04/03/2008	Bodacc C : Deposit accounts notice
07/02/2008	Minutes of general meeting of shareholders
07/02/2008	Private document
07/02/2008	Sale of shares
07/02/2008	Updated articles of association
06/02/2008	Statuts mis à jour
06/02/2008	PV d'Assemblée
06/02/2008	Minutes of general meeting of shareholders
06/02/2008	Private document
06/02/2008	Updated articles of association
06/02/2008	Acte sous seing privé
06/02/2008	Sale of shares
06/02/2008	Cession de parts
31/12/2007	New accounts available
31/12/2006	New accounts available
21/02/2006	Capital increase
21/02/2006	Private document
21/02/2006	Certificat de dépôt des fonds
21/02/2006	PV d'Assemblée
21/02/2006	Minutes of general meeting of shareholders
21/02/2006	Statuts mis à jour
21/02/2006	Updated articles of association
21/02/2006	Augmentation de Capital
21/02/2006	Fund deposit certificate
31/12/2005	New accounts available
11/01/2005	Capital increase
11/01/2005	Acte sous seing privé
11/01/2005	Private document
11/01/2005	PV d'Assemblée
11/01/2005	Statuts mis à jour
11/01/2005	Updated articles of association
11/01/2005	Augmentation de Capital
11/01/2005	Minutes of general meeting of shareholders
10/01/2005	Augmentation de Capital
10/01/2005	Capital increase
10/01/2005	Cession de parts
10/01/2005	Sale of shares
10/01/2005	Acte sous seing privé
10/01/2005	Private document
10/01/2005	Minutes of general meeting of shareholders
10/01/2005	PV d'Assemblée
10/01/2005	Statuts mis à jour
10/01/2005	Updated articles of association
31/12/2004	New accounts available
29/09/2004	Acte sous seing privé
29/09/2004	Statuts mis à jour
29/09/2004	Private document
29/09/2004	Minutes of general meeting of shareholders
29/09/2004	PV d'Assemblée
29/09/2004	Transfert du Siège dans le ressort du Tribunal de Commerce
29/09/2004	Registered office transferred inside jurisdiction of the Commercial Court
29/09/2004	Updated articles of association
31/12/2003	New accounts available
08/10/2003	Statuts mis à jour
08/10/2003	PV d'Assemblée
08/10/2003	Acte sous seing privé
08/10/2003	Augmentation de Capital
08/10/2003	Certificat de dépôt des fonds
19/12/2002	Transfert du Siège dans le ressort du Tribunal de Commerce
19/12/2002	Rapport des Commissaires ou du Gérant
19/12/2002	PV d'Assemblée
19/12/2002	Acte sous seing privé
19/12/2002	Immatriculation suite à transfert
12/03/2002	Acte sous seing privé
12/03/2002	Conversion du Capital Social en Euros
12/03/2002	Augmentation de Capital
12/03/2002	Statuts mis à jour
12/03/2002	PV d'Assemblée
02/08/2001	Acte sous seing privé
02/08/2001	Cession de parts
02/08/2001	Statuts mis à jour
02/08/2001	Acte modificatif
11/07/1996	Acte modificatif
11/07/1996	Changement de Gérant
11/07/1996	Nomination/démission des organes de gestion
11/07/1996	PV d'Assemblée
03/10/1995	Acte sous seing privé
03/10/1995	Cession de parts
03/10/1995	PV d'Assemblée
03/10/1995	Acte modificatif
03/10/1995	Augmentation de Capital
03/10/1995	Statuts mis à jour
03/10/1995	Réduction de Capital
22/05/1995	PV d'Assemblée
22/05/1995	Acte modificatif
01/01/1995	Continuation malgré perte supérieure à la moitié du capital
01/01/1995	PV d'Assemblée
06/10/1994	PV d'Assemblée
06/10/1994	Acte modificatif
06/10/1994	Transfert du Siège dans le ressort du Tribunal de Commerce
06/10/1994	Statuts mis à jour
03/01/1992	Immatriculation suite à transfert
03/01/1992	Statuts
03/01/1992	PV d'Assemblée
03/01/1992	Statuts mis à jour
03/01/1992	Déclaration de conformité
24/12/1991	PV d'Assemblée
24/12/1991	Transfert du Siège hors du ressort du Tribunal de Commerce

Establishment events history

Date	Description
24/03/2011	Update Limit
30/09/2010	Update Limit
17/09/2009	Update Limit
15/10/2008	Update Limit
17/07/2008	Update Limit
13/01/2008	Update Limit
16/12/2007	Update Limit
10/12/2007	Update Limit
09/12/2007	Update Limit
28/08/2007	Update Limit

directors

Name	M. MEUNIER CYRILLE JEAN CHARLES
Manager position	Manager	Date of birth	20/02/1964
Place of birth	NEUILLY SUR SEINE (92200)
Type	Individual	Name at birth

Previous Directors

No data about previous directors is available for this company

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs. 60.18
UK Pound	1	Rs. 103.14
Euro	1	Rs. 81.87

INFORMATION DETAILS

Analysis Done by :	SUB
Report Prepared by :	DPT

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.