|
Report Date : |
19.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
G.A. OPERATIONS S.P.A. |
|
|
|
|
Registered Office : |
Via Borgonuovo, 11 Baggiovara 20121 – Milano (MI) |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2012 |
|
|
|
|
Date of Incorporation : |
12.10.1990 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholder |
|
|
|
|
Line of Business : |
· Manufacture of apparel (except fur apparel) · Retail sale of clothing in specialised stores |
|
|
|
|
No. of Employees |
More than 1500 |
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 – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Italy |
A2 |
A2 |
|
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 |
ITALY ECONOMIC OVERVIEW
Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level
|
Source
: CIA |
G.A. OPERATIONS
S.P.A.
Via Borgonuovo, 11 Baggiovara
20121 - Milano (MI) -IT-
|
Fiscal Code |
: |
00159600360 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
12/10/1990 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
more than 1500 |
|
Group |
: |
ARMANI |
Manufacture of apparel (except fur apparel)
Retail sale of clothing in specialised stores
Legal Form : Joint stock company with sole shareholder
|
Fiscal Code : 00159600360 |
|
Foreign Trade Reg. no. : MO002517 since 17/12/1991 |
|
Foreign Trade Reg. no. : 002517 of Modena since 17/12/1991 |
|
Foreign Trade Reg. no. : MO2517 of Modena since 17/12/1991 |
|
Chamber of Commerce no. : 309413 of Como |
|
Chamber of Commerce no. : 558795 of Firenze |
|
Chamber of Commerce no. : 623978 of Firenze |
|
Chamber of Commerce no. : 197396 of Fermo |
|
Chamber of Commerce no. : 179704 of Macerata |
|
Chamber of Commerce no. : 1946400 of Milano since 27/12/2010 |
|
Chamber of Commerce no. : 105278 of Modena since 25/09/1962 |
|
Chamber of Commerce no. : 271882 of Pavia |
|
Chamber of Commerce no. : 283718 of Reggio Emilia |
|
Chamber of Commerce no. : 206635 of Trento |
|
Chamber of Commerce no. : 1143801 of Torino |
|
Chamber of Commerce no. : 358573 of Venezia |
|
Chamber of Commerce no. : 343731 of Vicenza |
|
Firms' Register : MO023-4231 of Modena since 19/02/1996 |
|
V.A.T. Code : 00159600360 |
|
Tribunal Co. Register : 4231 of |
|
Foundation date |
: 05/09/1962 |
|
|
Establishment date |
: 05/09/1962 |
|
|
Start of Activities |
: 12/10/1990 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 24.275.795 |
|
|
Subscribed Capital |
: 24.275.795 |
|
|
Paid up Capital |
: 24.275.795 |
|
|
Giorgio Armani S.p.a. |
|
|
|
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
01/01/2004 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Neri |
Tiziano |
|
|
Born in Modena |
(MO) |
on 25/06/1957 |
- Fiscal Code : NRETZN57H25F257D |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
16/12/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Luerti |
Enrico Dino Edoardo |
|
|
Born in Milano |
(MI) |
on 01/02/1965 |
- Fiscal Code : LRTNCD65B01F205V |
|
|
Residence: |
|
Bergognone |
, 38 |
- 20144 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
14/06/2011 |
|
|
|
Attorney with special power |
16/12/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Sonnino |
Franco |
|
|
Born in Genova |
(GE) |
on 22/08/1958 |
- Fiscal Code : SNNFNC58M22D969N |
|
|
Residence: |
|
Uccelliera |
, 140 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
21/07/2003 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Caminati |
Giuliano |
|
|
Born in Bibbiano |
(RE) |
on 22/08/1947 |
- Fiscal Code : CMNGLN47M22A850W |
|
|
Residence: |
|
Zona Industriale 1 Strada |
, 14-16-18 |
- 30030 |
Fosso' |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
17/10/2012 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Galavotti |
Stefano |
|
|
Born in Rimini |
(FO) |
on 08/03/1956 |
- Fiscal Code : GLVSFN56C08H294X |
|
|
Residence: |
|
Stazione |
, 93 |
- 36070 |
Trissino |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
14/07/2009 |
|
|
|
Attorney with special power |
01/10/2012 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Colombi |
Riccardo |
|
|
Born in Milano |
(MI) |
on 08/06/1937 |
- Fiscal Code : CLMRCR37H08F205Q |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
12/07/2012 |
|
|
|
Proli |
Livio Paolo |
|
|
Born in Mondovi' |
(CN) |
on 25/05/1965 |
- Fiscal Code : PRLLPL65E25F351G |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
12/07/2012 |
|
|
|
Managing Director |
12/07/2012 |
|
|
|
Board Chairman |
12/07/2012 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Bernasconi |
Gianfranco |
|
|
Born in Bergamo |
(BG) |
on 28/03/1966 |
- Fiscal Code : BRNGFR66C28A794Z |
|
|
Residence: |
|
Della Resistenza |
, 35 |
- 42018 |
San Martino in Rio |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/11/2012 |
|
|
|
Attorney with special power |
16/12/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Sassi |
Stefano |
|
|
Born in Reggio Emilia |
(RE) |
on 23/10/1972 |
- Fiscal Code : SSSSFN72R23H223N |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
03/05/2012 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Gambarelli |
Daniela |
|
|
Born in Scandiano |
(RE) |
on 07/11/1963 |
- Fiscal Code : GMBDNL63S47I496X |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
16/12/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Dovesi |
Lorenzo |
|
|
Born in Bologna |
(BO) |
on 05/02/1973 |
- Fiscal Code : DVSLNZ73B05A944H |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/07/2011 |
|
|
|
Director |
12/07/2012 |
|
|
|
Managing Director |
12/07/2012 |
|
|
|
Attorney with special power |
16/12/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Mattiello |
Stefano |
|
|
Born in Vicenza |
(VI) |
on 19/02/1968 |
- Fiscal Code : MTTSFN68B19L840T |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/07/2011 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Sgro' |
Roberto |
|
|
Born in Torino |
(TO) |
on 01/10/1969 |
- Fiscal Code : SGRRRT69R01L219K |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/06/2014 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Meneghello |
Renato |
|
|
Born in Thiene |
(VI) |
on 09/09/1960 |
- Fiscal Code : MNGRNT60P09L157S |
|
|
Residence: |
|
Paganini |
, 3 |
- 10036 |
Settimo Torinese |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
04/04/2012 |
|
|
|
Attorney with special power |
16/12/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Ferremi |
Giorgio |
|
|
Born in Rovereto |
(CR) |
on 09/06/1970 |
- Fiscal Code : FRRGRG70H09H612L |
|
|
Residence: |
|
Giulio Catoni |
, 149 |
- 38123 |
Trento |
(TN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
28/06/2012 |
|
|
|
Attorney with special power |
16/12/2013 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Orsi |
Stefano Omer |
|
|
Born in Modena |
(MO) |
on 11/11/1977 |
- Fiscal Code : RSOSFN77S11F257U |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
17/06/2014 |
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
|
Giorgio Armani S.p.a. |
|
|
|
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
|
|
No Prejudicial events are reported |
|
No Protests registered |
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded positions.
|
Giorgio Armani S.p.a. |
|
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Moda Sourcing Company S.r.l. O In FormaAbbreviata Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Sole partner |
- |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Sole partner |
- |
Ceased |
|
Giorgio Armani Retail S.r.l. In Forma Abbreviata G.a. Retail S.r.l. |
Milano (MI) - IT - |
05065910159 |
Sole partner |
Active |
Registered |
|
Alia Srl |
Milano (MI) - IT - |
13148540159 |
Sole partner |
Active |
Merged |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Sole partner |
Active |
Merged |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Sole partner |
- |
Ceased |
|
Deimutti Compagnia Dei Cuoi S.r.l. |
Milano (MI) - IT - |
04150460964 |
Sole partner |
- |
Ceased |
|
Proli |
Livio Paolo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Lo.sint S.r.l. |
Modena (MO) - IT - |
00811040153 |
Attorney with special power |
Withdrawn |
Ceased |
|
Giorgio Armani S.p.a. |
Milano (MI) - IT - |
02342990153 |
Director |
Active |
Registered |
|
Giorgio Armani S.p.a. |
Milano (MI) - IT - |
02342990153 |
General Director |
Active |
Registered |
|
Giorgio Armani S.p.a. |
Milano (MI) - IT - |
02342990153 |
Managing Director |
Active |
Registered |
|
Moda Sourcing Company S.r.l. O In FormaAbbreviata Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Managing Director |
Withdrawn |
Ceased |
|
Moda Sourcing Company S.r.l. O In FormaAbbreviata Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Director |
Withdrawn |
Ceased |
|
Moda Sourcing Company S.r.l. O In FormaAbbreviata Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Board Chairman |
Withdrawn |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Managing Director |
Withdrawn |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Director |
Withdrawn |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Board Chairman |
Withdrawn |
Ceased |
|
Confezioni Di Matelica S.p.a. |
Settimo Torinese (TO) - IT - |
00917600439 |
Director |
Withdrawn |
Ceased |
|
Confezioni Di Matelica S.p.a. |
Settimo Torinese (TO) - IT - |
00917600439 |
Board Chairman |
Withdrawn |
Ceased |
|
Giorgio Armani Retail S.r.l. In Forma Abbreviata G.a. Retail S.r.l. |
Milano (MI) - IT - |
05065910159 |
Director |
Active |
Registered |
|
Giorgio Armani Retail S.r.l. In Forma Abbreviata G.a. Retail S.r.l. |
Milano (MI) - IT - |
05065910159 |
Board Chairman |
Active |
Registered |
|
Pallacanestro Olimpia Milano Societa' Sportiva A Responsabilita'l Imitata O Pall |
Milano (MI) - IT - |
01852920154 |
Managing Director |
- |
Ceased |
|
Pallacanestro Olimpia Milano Societa' Sportiva A Responsabilita'l Imitata O Pall |
Milano (MI) - IT - |
01852920154 |
Director |
- |
Ceased |
|
Pallacanestro Olimpia Milano Societa' Sportiva A Responsabilita'l Imitata O Pall |
Milano (MI) - IT - |
01852920154 |
Board Chairman |
- |
Ceased |
|
Gabar S.r.l. In Liquidazione |
Mori (TN) - IT - |
01664470224 |
Liquidator |
Withdrawn |
Ceased |
|
Trimil S.p.a. |
Milano (MI) - IT - |
13152520154 |
Director |
Withdrawn |
Ceased |
|
Trimil S.p.a. |
Milano (MI) - IT - |
13152520154 |
Board Chairman |
Withdrawn |
Ceased |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Managing Director |
Withdrawn |
Merged |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Director |
Withdrawn |
Merged |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Board Chairman |
Withdrawn |
Merged |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Managing Director |
Withdrawn |
Ceased |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Director |
Withdrawn |
Ceased |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Board Chairman |
Withdrawn |
Ceased |
The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further investigations.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Giorgio Armani S.p.a. |
Milano - IT - |
02342990153 |
|
100,00 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Consorzio Sviluppoenergia 1 |
Modena - IT - |
02644600369 |
|
|
|
|
Active |
In order to carry out its activities the firm uses the following locations:
|
- |
Legal and operative seat |
|
since 11/01/1990 |
|
|
|
|
|
|
Borgonuovo |
, 11 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Legal and operative seat |
|
since 11/01/1990 |
|
|
|
|
|
|
Giardini |
, 1324 |
- 41100 |
- Modena |
(MO) |
- IT - |
|
|
|
|
PHONE |
: 059584411 |
|
|
|
|
FAX |
: 059584751 |
|
- |
Branch |
(Factory) |
since 30/12/2010 |
|
|
|
|
|
|
Pastore |
, 3 |
- 20065 |
- Inzago |
(MI) |
- IT - |
|
- |
Branch |
(Store) |
since 30/12/2010 |
|
|
|
|
|
|
Stazione |
, 93 |
- 36070 |
- Trissino |
(VI) |
- IT - |
|
- |
Branch |
|
since 01/07/2011 |
|
|
|
|
|
|
Provinciale Per Bregnano |
, 12 |
- 22070 |
- Vertemate Con Minoprio |
(CO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2011 |
|
|
|
|
|
|
Donizetti |
, SNC |
- 22070 |
- Guanzate |
(CO) |
- IT - |
|
- |
Branch |
(Workshop) |
since 01/09/2013 |
|
|
|
|
|
|
Giannini |
, 23 |
- 50050 |
- Cerreto Guidi |
(FI) |
- IT - |
|
- |
Branch |
(office) |
since 01/05/2013 |
|
|
|
|
|
|
Filippo Turati |
, 85/A |
- 63014 |
- Montegranaro |
(FM) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/07/2011 |
|
|
|
|
|
|
Merloni |
, 10 |
- 62024 |
- Matelica |
(MC) |
- IT - |
|
- |
Branch |
|
since 30/12/2010 |
|
|
|
|
|
|
Pietro Giardini |
, 1324 |
- 41100 |
- Modena |
(MO) |
- IT - |
|
- |
Branch |
(Workshop) |
since 25/11/2013 |
|
|
|
|
|
|
Virgilio |
, 48/C |
- 41100 |
- Modena |
(MO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2011 |
|
|
|
|
|
|
Mattei |
, 15 |
- 27020 |
- Marcignago |
(PV) |
- IT - |
|
- |
Branch |
(Store) |
since 30/12/2010 |
|
|
|
|
|
|
Della Resistenza |
, 35 |
- 42018 |
- San Martino in Rio |
(RE) |
- IT - |
|
- |
Branch |
|
since 30/12/2010 |
|
|
|
|
|
|
Giulio Catoni |
, 149 |
- 38100 |
- Trento |
(TN) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2011 |
|
|
|
|
|
|
Cebrosa |
, 75 |
- 10036 |
- Settimo Torinese |
(TO) |
- IT - |
|
- |
Branch |
|
since 23/08/2011 |
|
|
|
|
|
|
Paganini |
, 3 |
- 10036 |
- Settimo Torinese |
(TO) |
- IT - |
|
- |
Branch |
|
since 30/12/2010 |
|
|
|
|
|
|
I Strada |
, 14-20 |
- 30030 |
- Fosso' |
(VE) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/11/2012 |
|
|
|
|
|
Zona Ind. - Prima Strada |
, 2 |
- 30030 |
- Fosso' |
(VE) |
- IT - |
|
- |
Branch |
(Store) |
since 30/12/2010 |
|
|
|
|
|
|
Fermi |
, 4 |
- 36053 |
- Gambellara |
(VI) |
- IT - |
|
- |
Branch |
(Factory) |
since 02/08/2012 |
|
|
|
|
|
|
Balestri |
, 13 |
- 36010 |
- Carre' |
(VI) |
- IT - |
|
- |
Branch |
(office) |
since 01/05/2014 |
|
|
|
|
|
|
Bergognone |
, 46 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
|
|
|
Employees |
: 1.587 |
|
Fittings and Equipment for a value of 4.370.000 |
Eur |
|
Stocks for a value of 192.940.000 |
Eur |
Sales: direct or by agents without warehouse.
Transports are mainly done using own vehicles and third parties ones
The company supplies wholesalers and retailers.
|
|
To purchase foreign products the firm uses the following channels :
|
- distributors |
|
- direct orders to foreign companies |
Export represents up to 20% of the global turnover.
Products abroad are placed by :
|
- importers |
|
- joint-ventures with foreign companies |
Company uses to accept the following term of sales: 30-60-90 days.
Financial means used for sale: bank transfers and bank orders.
Company's purchase terms are within 90 and 120 days.
Main used payment modalities are by cash orders and bank transfers.
Import comes generally from the following nations:
|
- Spain |
|
- Belgium |
|
- Austria |
|
- Italy |
|
- Germany |
|
- France |
|
- Greece |
|
- Great Britain |
Export is mainly towards:
|
- France |
|
- Italy |
|
- Austria |
|
- Belgium |
The subject firm uses the following own selling brands:
|
- ARMANI |
COMPANY STYLE MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Societa'Italiana Manufatti SpA |
|
04/06/1990 |
EX-MEMBERS / EX-POSITIONS:
|
Varazzani |
Massimo |
|
|
Born in Parma |
(PR) |
on 24/01/1951 |
- Fiscal Code : VRZMSM51A24G337P |
|
|
Residence: |
|
Genova |
, 1 |
- 34121 |
Trieste |
(TS) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Nizzi |
Giorgio |
|
|
Born in Milano |
(MI) |
on 17/08/1941 |
- Fiscal Code : NZZGRG41M17F205B |
|
|
Residence: |
|
Castagnone |
, 3/A |
- 20063 |
Cernusco sul Naviglio |
(MI) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
Cacciatore |
Maurizio |
|
|
|
Ex-Postions |
|
Managing Director |
|
Pincelli |
Vittorio |
|
|
Born in Frassinoro |
(MO) |
on 03/08/1943 |
- Fiscal Code : PNCVTR43M03D783P |
|
|
Residence: |
|
Roma |
, 21 |
- 41049 |
Sassuolo |
(MO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Ramella |
Luca Amedeo |
|
|
Born in Milano |
(MI) |
on 25/08/1956 |
- Fiscal Code : RMLLMD56M25F205B |
|
|
Residence: |
|
Giacomo Matteotti |
, 9 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Passariello |
Alfredo |
|
|
Born in CARACAS |
( ) |
on 01/04/1955 |
- Fiscal Code : PSSLRD55D01Z614A |
|
|
Residence: |
|
MONIGNOR PERTILE |
, 30/L |
- 36016 |
Thiene |
(VI) |
- IT - |
|
Ex-Postions |
|
General Director |
|
Director |
|
Managing Director |
|
Gerbotto |
Giovanni Maria |
|
|
Born in Torino |
(TO) |
on 02/09/1948 |
- Fiscal Code : GRBGNN48P02L219E |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
Managing Director |
|
Ferrari |
Gian Fedele |
|
|
Born in Modena |
(MO) |
on 24/07/1933 |
- Fiscal Code : FRRGFD33L24F257N |
|
|
Residence: |
|
Bersana |
, 2 |
- 41012 |
Carpi |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Micheli |
Francesco |
|
|
Born in Parma |
(PR) |
on 19/10/1937 |
- Fiscal Code : MCHFNC37R19G337L |
|
|
Residence: |
|
Giovannino De Grassi |
, 11 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Caprotti |
Claudio |
|
|
Born in ALBIATE |
(MB) |
on 06/05/1938 |
- Fiscal Code : CPRCLD38E06A159Y |
|
|
Residence: |
|
S. NICOLAO |
, 2 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
Terrenghi |
Marco |
|
|
Born in Milano |
(MI) |
on 06/10/1960 |
- Fiscal Code : TRRMRC60R06F205S |
|
|
Residence: |
|
Tortona |
, 66 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Neri |
Tiziano |
|
|
Born in Modena |
(MO) |
on 25/06/1957 |
- Fiscal Code : NRETZN57H25F257D |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Luerti |
Enrico Dino Edoardo |
|
|
Born in Milano |
(MI) |
on 01/02/1965 |
- Fiscal Code : LRTNCD65B01F205V |
|
|
Residence: |
|
Bergognone |
, 38 |
- 20144 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Cantaroni |
Maria Luisa |
|
|
Born in Castelfranco Emilia |
(MO) |
on 28/06/1948 |
- Fiscal Code : CNTMLS48H68C107O |
|
|
Residence: |
|
Saragozza |
, 89 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
Caminati |
Giuliano |
|
|
Born in Bibbiano |
(RE) |
on 22/08/1947 |
- Fiscal Code : CMNGLN47M22A850W |
|
|
Residence: |
|
Zona Industriale 1 Strada |
, 14-16-18 |
- 30030 |
Fosso' |
(VE) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Giargia |
Giovanni |
|
|
Born in Arquata Scrivia |
(AL) |
on 29/08/1933 |
- Fiscal Code : GRGGNN33M29A436I |
|
|
Residence: |
|
Po Cadorna |
, 7 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Sghedoni |
Antonella |
|
|
Born in Sassuolo |
(MO) |
on 22/08/1962 |
- Fiscal Code : SGHNNL62M62I462X |
|
|
Residence: |
|
San Michele |
, 207 |
- 41049 |
Sassuolo |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Aita |
Antonio |
|
|
Born in Diamante |
(CS) |
on 15/09/1946 |
- Fiscal Code : TAINTN46P15D289M |
|
|
Residence: |
|
Vivaldi |
, 13 |
- 20040 |
Carnate |
(MB) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Attorney with special power |
|
Pigozzo |
Livio |
|
|
Born in Villanova di Camposampiero |
(PD) |
on 01/03/1952 |
- Fiscal Code : PGZLVI52C01L979L |
|
|
Residence: |
|
Panfilo Sassi |
, 30 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Serafini |
Laura |
|
|
Born in Modena |
(MO) |
on 20/08/1949 |
- Fiscal Code : SRFLRA49M60F257G |
|
|
Residence: |
|
Jacopone Da Todi |
, 13 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Galavotti |
Stefano |
|
|
Born in Rimini |
(FO) |
on 08/03/1956 |
- Fiscal Code : GLVSFN56C08H294X |
|
|
Residence: |
|
Stazione |
, 93 |
- 36070 |
Trissino |
(VI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
Director |
|
Managing Director |
|
Gasparetto |
Ivano |
|
|
Born in Maser |
(TV) |
on 30/12/1950 |
- Fiscal Code : GSPVNI50T30F009N |
|
|
Residence: |
|
L. Sanbonifacio |
, 7 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Bedoni |
Federica |
|
|
Born in Modena |
(MO) |
on 09/12/1969 |
- Fiscal Code : BDNFRC69T49F257D |
|
|
Residence: |
|
Domenico Carnevale |
, 8 |
- 41124 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Berlin |
Nicola |
|
|
Born in Venezia |
(VE) |
on 18/04/1964 |
- Fiscal Code : BRLNCL64D18L736M |
|
|
Residence: |
|
G. Garibaldi (carpenedo) |
, 94 |
- 30174 |
Venezia |
(VE) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Fanto' |
Fabrizio |
|
|
Born in Sondrio |
(SO) |
on 09/10/1967 |
- Fiscal Code : FNTFRZ67R09I829X |
|
|
Residence: |
|
Matteotti |
, 1/M |
- 27010 |
Borgarello |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Colombi |
Riccardo |
|
|
Born in Milano |
(MI) |
on 08/06/1937 |
- Fiscal Code : CLMRCR37H08F205Q |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Proli |
Livio Paolo |
|
|
Born in Mondovi' |
(CN) |
on 25/05/1965 |
- Fiscal Code : PRLLPL65E25F351G |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
General Director |
|
Procurator |
|
Gambillara |
Davide |
|
|
Born in Venezia |
(VE) |
on 05/06/1957 |
- Fiscal Code : GMBDVD57H05L736J |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Moscone |
Pierluigi |
|
|
Born in Sora |
(FR) |
on 12/01/1972 |
- Fiscal Code : MSCPLG72A12I838L |
|
|
Residence: |
|
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Gambarelli |
Daniela |
|
|
Born in Scandiano |
(RE) |
on 07/11/1963 |
- Fiscal Code : GMBDNL63S47I496X |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Sgro' |
Roberto |
|
|
Born in Torino |
(TO) |
on 01/10/1969 |
- Fiscal Code : SGRRRT69R01L219K |
|
|
Residence: |
|
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Balocco |
Luciano |
|
|
Born in Tollegno |
(VC) |
on 26/02/1946 |
- Fiscal Code : BLCLCN46B26L193A |
|
|
: |
- 13847 |
Valle San Nicolao |
(BI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
Rossini |
Angelo |
|
|
Born in MONTEFIORINO |
(MO) |
on 12/11/1926 |
- Fiscal Code : RSSNGL26S12F503B |
|
|
Residence: |
|
STAZIONE |
, 35 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Tostati |
Maurizio |
|
|
Born in Serramazzoni |
(MO) |
on 22/02/1960 |
- Fiscal Code : TSTMRZ60B22F357R |
|
|
Residence: |
|
Ferrari |
, 7 |
- 41042 |
Fiorano Modenese |
(MO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Malagoli |
Claudio |
|
|
Born in Bastiglia |
(MO) |
on 17/08/1945 |
- Fiscal Code : MLGCLD45M17A713Y |
|
|
Residence: |
|
Delle Costellazioni |
, 94 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Mosterts |
Massimo |
|
|
Born in Milano |
(MI) |
on 08/07/1955 |
- Fiscal Code : MSTMSM55L08F205U |
|
|
Residence: |
|
Tarchetti |
, 5 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
Director |
|
Gabbiani |
Giorgio |
|
|
Born in Cremona |
(CR) |
on 13/07/1940 |
- Fiscal Code : GBBGRG40L13D150O |
|
|
Residence: |
|
San Ginignano |
, 32 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Chairman |
|
Clo' |
Alessandro |
|
|
Born in Modena |
(MO) |
on 26/09/1941 |
- Fiscal Code : CLOLSN41P26F257V |
|
|
Residence: |
|
Brunelleschi |
, 114 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
Manzoni |
Candido |
|
|
Born in BELLANO |
(CO) |
on 09/08/1941 |
- Fiscal Code : MNZCDD41M09A745T |
|
|
Residence: |
|
IMBONATI |
, 1 |
- 22100 |
Como |
(CO) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Director |
|
The firm absorved |
|
|
|
Lo.sint S.r.l. |
|
|
|
Giardini |
, 1324 |
, 41041 |
, Modena |
(MO) |
- IT - |
|
|
Fiscal Code: 00811040153 |
|
|
Date |
: |
16/10/2003 |
|
Project of merging by taking over of |
|
|
|
Lo.sint S.r.l. |
|
|
|
Giardini |
, 1324 |
, 41041 |
, Modena |
(MO) |
- IT - |
|
|
Fiscal Code: 00811040153 |
|
|
Date |
Merging/splitting-up project: |
19/03/2003 |
|
The firm absorbed by merging of |
|
|
|
Lo.sint S.r.l. |
|
|
|
Giardini |
, 1324 |
, 41041 |
, Modena |
(MO) |
- IT - |
|
|
Fiscal Code: 00811040153 |
|
|
Date |
: |
16/10/2003 |
|
Project of splitting-up and tranfer from |
|
|
|
Giorgio Armani S.p.a. |
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Merging/splitting-up project: |
08/05/2009 |
|
Project of splitting-up and tranfer into |
|
|
|
Giorgio Armani S.p.a. |
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Merging/splitting-up project: |
08/05/2009 |
|
Splitting-up and transfer of assets to |
|
|
|
Giorgio Armani S.p.a. |
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Splitting-up: |
11/06/2009 |
|
Splitting-up and transfer of assets to |
|
|
|
Giorgio Armani S.p.a. |
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Splitting-up: |
21/09/2009 |
|
Project of merging by taking over of |
|
|
|
Moda Sourcing Company S.r.l. O In FormaAbbreviata Msc S.r.l. |
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 09987850154 |
|
|
Date |
Merging/splitting-up project: |
09/09/2010 |
|
Resolution of merging of |
|
|
|
Moda Sourcing Company S.r.l. O In FormaAbbreviata Msc S.r.l. |
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 09987850154 |
|
|
Date |
: |
22/09/2010 |
|
The firm absorbed by merging of |
|
|
|
Deanna S.p.a. |
|
|
|
Della Resistenza |
, 35 |
, 42018 |
, San Martino in Rio |
(RE) |
- IT - |
|
|
Fiscal Code: 01994870358 |
|
|
Date |
: |
22/12/2010 |
|
Project of merging by taking over of |
|
|
|
Intai Spa |
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 10123480153 |
|
|
Date |
Merging/splitting-up project: |
28/03/2011 |
|
The firm absorbed by merging of |
|
|
|
Confezioni Di Matelica S.p.a. |
|
|
|
Cebrosa |
, 75 |
, 10036 |
, Settimo Torinese |
(TO) |
- IT - |
|
|
Fiscal Code: 00917600439 |
|
|
Date |
: |
17/06/2011 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official Publications.
Subject is active since 1990
The analysis is based on the latest 3 balance sheets.
Under an economic point of view, profits were registered during the last years with a r.o.e. of 36,6% in 2012 with a good increase in turnover (+12,07% in 2012 compared to 2011 and +69,74% in 2011 compared to 2010).
The return on Investment in the last financial year was positive (23,2%) and even better than sector's average.
The amount of the operating result is equal to Eur. 117.419.163 on stable levels if compared to the previous year.
During the latest financial year the gross operating margin amounted to Eur. 124.631.244 stable if compared to the financial year 2011.
Company's financial status is balanced since indebtedness is not high (1,09) with an improving trend as on the decrease.
The equity capital is equal to Eur. 230.423.223 , unchanged if compared to 2011.
Total debts (both short and M/L term) equals Eur. 253.576.507, showing a stable trend as opposed to 2011 (Eur. 248.454.949).
Moderate recourse to bank credit while the exposure towards suppliers is rather high however still within the sector's average.
It shows a good range of liquidity.
On average trade credits are collected in 2,54 days. , that compared to the sector's average is shorter.
During financial year 2012 the cash flow amounted to Eur. 90.070.933
In the last financial year labour cost was of Eur. 69.068.933, with a 8,09% incidence on total costs of production. , whereas the incidence on sales revenues is of 7,33%.
The financial management is positive as incomes are higher than the charges.
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
942.595.859 |
|
Profit (Loss) for the period |
84.328.852 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
841.034.891 |
|
Profit (Loss) for the period |
70.054.375 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
495.470.077 |
|
Profit (Loss) for the period |
30.665.912 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
292.617.348 |
|
Profit (Loss) for the period |
43.212.277 |
|
|
Complete balance-sheet for the year |
al 31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
338.061.740 |
|
Profit (Loss) for the period |
50.197.344 |
From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1 |
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|
|
RATIOS |
Value Type |
as at 31/12/2012 |
as at 31/12/2011 |
as at 31/12/2010 |
Sector Average |
|
COMPOSITION ON INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,08 |
0,08 |
0,08 |
0,14 |
|
Elasticity Ratio |
Units |
0,92 |
0,92 |
0,92 |
0,84 |
|
Availability of stock |
Units |
0,38 |
0,36 |
0,37 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,54 |
0,55 |
0,55 |
0,53 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,02 |
0,03 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,09 |
1,14 |
0,89 |
3,78 |
|
Self Financing Ratio |
Units |
0,46 |
0,44 |
0,49 |
0,17 |
|
Capital protection Ratio |
Units |
0,53 |
0,56 |
0,63 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,05 |
0,06 |
0,07 |
0,14 |
|
Financing |
Units |
1,10 |
1,15 |
0,93 |
4,55 |
|
Permanent Indebtedness Ratio |
Units |
0,48 |
0,47 |
0,52 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,03 |
0,03 |
0,03 |
0,09 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
1,26 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
6,22 |
5,74 |
6,24 |
1,87 |
|
Current ratio |
Units |
1,84 |
1,82 |
2,02 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,08 |
1,10 |
1,20 |
0,79 |
|
Structure's primary quotient |
Units |
5,89 |
5,39 |
5,84 |
1,13 |
|
Treasury's primary quotient |
Units |
0,01 |
0,01 |
0,04 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
219,68 |
228,28 |
205,26 |
587,75 |
|
Current Capital ( net ) |
Value |
212.821.065 |
204.531.461 |
139.083.220 |
209.248 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
9,56 |
9,03 |
8,87 |
2,26 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
36,60 |
32,41 |
20,88 |
3,48 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
53,78 |
48,59 |
30,02 |
12,19 |
|
Return on Investment ( R.O.I. ) |
% |
23,20 |
21,93 |
13,44 |
3,83 |
|
Return/ Sales |
% |
12,46 |
12,87 |
8,18 |
3,45 |
|
Extra Management revenues/charges incid. |
% |
71,82 |
64,74 |
75,69 |
20,46 |
|
Cash Flow |
Value |
90.070.933 |
75.904.242 |
43.932.078 |
50.400 |
|
Operating Profit |
Value |
117.419.163 |
108.207.821 |
40.517.585 |
68.610 |
|
Gross Operating Margin |
Value |
124.631.244 |
121.630.520 |
55.110.251 |
124.742 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
2,54 |
3,59 |
2,19 |
120,68 |
|
Debts to suppliers average term |
Days |
108,60 |
115,41 |
109,11 |
115,81 |
|
Average stock waiting period |
Days |
73,69 |
76,75 |
80,87 |
78,40 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,86 |
1,70 |
1,64 |
1,14 |
|
Rate of stock return |
Units |
4,89 |
4,69 |
4,45 |
4,57 |
|
Labour cost incidence |
% |
7,33 |
8,65 |
10,47 |
12,27 |
|
Net financial revenues/ charges incidence |
% |
0,41 |
-0,39 |
0,43 |
-1,84 |
|
Labour cost on purchasing expenses |
% |
8,09 |
9,25 |
10,81 |
12,16 |
|
Short-term financing charges |
% |
n.c. |
1,39 |
n.c. |
3,35 |
|
Capital on hand |
% |
53,70 |
58,66 |
60,84 |
87,41 |
|
Sales pro employee |
Value |
436.791 |
506.952 |
429.722 |
245.343 |
|
Labour cost pro employee |
Value |
32.005 |
43.848 |
44.971 |
32.046 |
1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.
|
Population living in the province |
: |
3.839.216 |
|
Population living in the region |
: |
9.393.092 |
|
Number of families in the region |
: |
3.858.736 |
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
460 |
|
- per non food products |
: |
2.090 |
|
- per energy consume |
: |
114 |
The values are calculated on a base of 864 significant companies.
The companies cash their credits on an average of 121 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 2,26%.
The labour cost affects the turnover in the measure of 12,27%.
Goods are held in stock in a range of 78 dd.
The difference between the sales volume and the resources used to realize it is about 1,14.
The employees costs represent the 12,16% of the production costs.
Statistically the trade activity passes through serious crises.
The area is statistically considered lowly risky.
In the region 50.886 protested subjects are found; in the province they count to 24.765.
The insolvency index for the region is 0,55, , while for the province it is 0,66.
Total Bankrupt companies in the province : 22.523.
Total Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.33 |
|
|
1 |
Rs.103.18 |
|
Euro |
1 |
Rs.81.58 |
INFORMATION DETAILS
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Analysis Done by
: |
SUB |
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|
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|
Report Prepared
by : |
NIS |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.