MIRA
INFORM REPORT
|
Report Date : |
26.07.2014 |
IDENTIFICATION DETAILS
|
Name : |
THALES PORTUGAL
SA |
|
|
|
|
Registered Office : |
Rua Calvet De
Magalhães, 245, Paco De Arcos 2770-153-Paco De Arcos, Oeiras, District Lisboa |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
27.09.2006 |
|
|
|
|
Com. Reg. No.: |
507775597 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
· Engaged in Engineering activities and related techniques Engaged
in Construction of railways Engaged
in designing, engineering, development, manufacturing, import, sale, supply,
lease, export, installation, integration, commissioning and service, including
maintenance, repair, operation, security, command and control of all types
equipment and railway signaling systems, surveillance, telecommunications,
electrical, radio, electronic, mechanical, elevators and conveyors, air
conditioning, ventilation, heating, plumbing and sanitary general
construction of all types of works both for building systems as public works,
maintenance and repair of these works, ensure the safety and protection of
property, equipment and infrastructure, control, management, supervision and
associated applications; application and / or safety or security equipment,
closed circuit television, alarm systems, access control systems, detection
systems, entry, fire detection system, passenger information systems,
detection of x-ray , radiological, nuclear, biological and chemical
emissions, and applications, in general, for security purposes, the basis for
specific safety equipment and associated infrastructure, aimed at networking
and telecommunications equipment |
|
|
|
|
No of Employees : |
184 (2013) |
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) |
|
Portugal |
B1 |
B1 |
|
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 |
portugal ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Austerity measures also have contributed to record unemployment and a wave of emigration not seen since the 1960s. Booming exports will contribute to growth and employment in 2014, but the need to continue to reduce private- and public-sector debt could weigh on consumption and investment. The government of Pedro PASSOS COELHO has stated its intention to reduce labor market rigidity, and, this, along with steps to trim the budget deficit, could make Portugal more attractive to foreign investors. The government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in 2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts, public debt has continued to grow and, in 2013, stands among the highest in the EU. As a result, the government may have difficulty regaining full bond market financing when the EU-IMF financing program expires in May 2014.
|
Source : CIA |
Identification
|
Name |
THALES PORTUGAL
SA |
|
V.A.T. Number /
NIF |
507775597 |
|
Address |
Rua Calvet de
Magalhães, 245 |
|
Locality |
Paco De Arcos |
|
Postal Code |
2770-153-PACO DE
ARCOS |
|
Municipality |
OEIRAS |
|
District |
LISBOA |
|
Telephone |
212484848 |
|
Fax |
212484849 |
|
E-Mail |
|
|
Web Site |
|
|
|
|
|
C.A.E.(Rev 3) |
71120-
Engineering activities and related techniques |
|
C.A.E.(Rev 3) |
42120-
Construction of railways |
|
Actual Condition
|
|
Payments |
|
Incidents |
Financial Highlights
|
|
2011 |
|
2012 |
|
2013 |
|
Net Sales |
51.162.620,00 |
|
44.630.946,00 |
|
41.916.506,00 |
|
Net Income For
the Year |
2.583.522,00 |
|
(2.278.579,00) |
|
1.549.625,00 |
|
Shareholders
Funds |
14.496.584,00 |
|
11.197.428,00 |
|
19.353.250,00 |
|
Stocks |
4.740.382,00 |
|
4.451.150,00 |
|
2.754.159,00 |
|
LIABILITY |
40.226.123,00 |
|
35.901.750,00 |
|
47.582.626,00 |
|
ASSETS |
54.722.707,00 |
|
47.099.178,00 |
|
66.935.876,00 |
%2026-Jul-2014_files/image001.gif){kind=small}
Business Concept
|
|
Consulted
sources say that the subject has been respecting its payments and commercial commitments,
so credit connections with this company are recommended. |
Summary
|
|
Legal Form |
Joint Stock
Company |
|
Constitution |
27-09-2006 |
|
V.A.T. Number /
NIF |
507775597 |
|
Employees |
184 |
|
Capital |
362.250,00 |
|
Sales in : 31-12-2013 |
41.916.506,00 |
|
Shareholders
Funds in: 31-12-2013 |
19.353.250,00 |
|
Payments |
Good |
|
Actual Condition
|
In activity |
Governing Bodies
|
|
|
|
Board of
Director's |
|
|
JOAO ANTONIO DA
COSTA ARAUJO |
Board of Director's
President |
|
LAURENT MARIE
HUBERT GUYOT |
Administrator |
|
ALBERTO CARLOS
PARRONDO ALVAREZ-INSUA |
Administrator |
|
PATRICE MARIE
NOEL GILARDONI |
Administrator |
|
|
|
|
Fiscal Board |
|
|
MAZARS & ASSOCIADOS-SOCIEDADE
REVISORES OFICIAIS DE CONTAS SA |
Unique Fiscal |
|
PAULO JORGE
DAMIAO PEREIRA |
Fiscal Board
Substitute |
Legal Structure
|
Registered on the Register Record Office of
Cascais in Secção-Oeiras with the Register Number 507775597 in 04-01-2008 |
|
Constitution celebrated in 27-09-2006
published on Portal MJ of 16-10-2006 |
|
To oblige the company it is necessary 2
signature |
|
Changes to
Society |
|
In 27-03-2014 on Portal MJ of 01-04-2014
board of director's change |
|
In 23-01-2014 on Portal MJ of 23-01-2014
social change Clique para ver detalhes (actualização da Freguesia da sede social) |
|
In 19-06-2013 on Portal MJ of 02-07-2013
board of director's change |
|
In 19-03-2013 on Portal MJ of 17-04-2013
board of director's change |
|
In 30-03-2012 on Portal MJ of 16-04-2012
board of director's change |
Capital
The Capital is 362.250,00 , divided in 12075000
shares , with a nominal value of 0,03
Activities
|
Line of Business |
Percentage |
|
Design, engineering, development, design,
manufacture, import, sale, supply, lease, export, installation, integration, commissioning
and service, including maintenance, repair, operation, security, command and
control of all types equipment and railway signaling systems, surveillance,
telecommunications, electrical, radio, electronic, mechanical, elevators and
conveyors, air conditioning, ventilation, heating, plumbing and sanitary
general construction of all types of works both for building systems as
public works, maintenance and repair of these works, ensure the safety and
protection of property, equipment and infrastructure, control, management,
supervision and associated applications; application and / or safety or
security equipment, closed circuit television, alarm systems, access control
systems, detection systems, entry, fire detection system, passenger
information systems, detection of x-ray , radiological, nuclear, biological
and chemical emissions, and applications, in general, for security purposes,
the basis for specific safety equipment and associated infrastructure, aimed
at networking and telecommunications equipment |
100% |
|
Type of Clients |
Industries/Private Companies |
|
|
|
Sales Conditions |
Contract |
|
|
|
Geographic
Distribution of Sales |
|
|
Internal Market |
|
International
Market |
|
|
Year |
|
EU |
Extra-EU |
Total |
|
|
2013 |
13.830.561,00 |
33,00% |
2.739.096,00 |
6,53% |
25.346.849,00 |
60,47% |
41.916.506,00 |
|
|
2012 |
18.783.161,00 |
42,09% |
5.352.477,00 |
11,99% |
20.495.308,00 |
45,92% |
44.630.946,00 |
|
|
2011 |
25.390.163,00 |
49,63% |
4.175.384,00 |
8,16% |
21.597.073,00 |
42,21% |
51.162.620,00 |
|
|
2010 |
23.580.429,00 |
33,71% |
9.700.282,00 |
13,87% |
36.667.389,00 |
52,42% |
69.948.100,00 |
|
|
Geographic
Distribution of Purchases |
|
|
Internal Market |
|
International
Market |
|
|
Year |
|
EU |
Extra-EU |
Total |
|
|
2013 |
2.292.577,00 |
37,17% |
3.105.540,00 |
50,35% |
769.396,00 |
12,47% |
6.167.513,00 |
|
|
2012 |
2.678.134,00 |
25,49% |
6.677.467,00 |
63,56% |
1.150.500,00 |
10,95% |
10.506.101,00 |
|
|
2011 |
1.905.205,00 |
26,79% |
4.414.795,00 |
62,08% |
790.970,00 |
11,12% |
7.110.970,00 |
|
|
2010 |
5.785.312,00 |
30,01% |
12.600.592,00 |
65,37% |
890.485,00 |
4,62% |
19.276.389,00 |
|
Source: IES
Banks and Financial
Institutions
|
|
MILLENNIUM BCP |
Cascais |
Incidents
|
|
There are no of incidents on our database |
Employees
|
|
Year |
Total |
Men |
Women |
|
|
2013 |
184 |
160 |
87% |
24 |
13% |
|
|
2012 |
186 |
163 |
88% |
23 |
12% |
|
|
2011 |
216 |
187 |
87% |
29 |
13% |
|
|
2010 |
217 |
189 |
87% |
28 |
13% |
|
Source: IES
Head Office and Installations
|
|
Had head office Lugar de São Gabriel,
Cascais, 2750, CASCAIS |
|
Had installations Estrada da Malveira da
Serra, 955 - Aldeia do Juzo, Cascais, 2750-782, CASCAIS |
|
Head office and office Rua Calvet de
Magalhães, 245, Paco De Arcos, 2770-153, PACO DE ARCOS, Tel:212484848,
Fax:212484849 |
|
Special
Information |
|
Event |
General Description |
|
Additional |
The holder was formed following the breakup
of firm Alcatel Portugal SA. |
Financial Demonstration SNC
|
||
|
Balance Sheet
SNC |
||
|
Coin EUROS |
|
Year:2013 |
|
|
||
|
|
2013 |
2012 |
2011 |
% Var.2013/2012 |
|
|
||||
|
ASSET |
||||
|
|
||||
|
Non-current assets |
||||
|
Tangible fixed assets |
554.965,00 |
838.878,00 |
1.091.734,00 |
(33,84) |
|
Intangible assets |
48.470,00 |
294.324,00 |
536.884,00 |
(83,53) |
|
Financial participations - patrimonial
equity method |
1.889.232,00 |
|
|
|
|
Deferred tax assets |
808.087,00 |
1.575.980,00 |
1.615.232,00 |
(48,72) |
|
Total |
3.300.754,00 |
2.709.182,00 |
3.243.850,00 |
21,84 |
|
|
||||
|
Current assets |
||||
|
Inventories |
2.754.159,00 |
4.451.150,00 |
4.740.382,00 |
(38,12) |
|
Costumers |
21.135.801,00 |
17.413.134,00 |
28.180.204,00 |
21,38 |
|
Advances to suppliers |
55.283,00 |
641.615,00 |
109.603,00 |
(91,38) |
|
State and other public entities |
|
|
1.167.551,00 |
|
|
Shareholders/partners |
4.557.638,00 |
3.546.984,00 |
4.510.143,00 |
28,49 |
|
Other accounts receivable |
16.041.901,00 |
7.515.271,00 |
6.886.462,00 |
113,46 |
|
Deferrals |
3.461.510,00 |
336.708,00 |
567.718,00 |
928,05 |
|
Other financial assets |
9.702.049,00 |
|
|
|
|
Cashier and bank deposits |
5.926.781,00 |
10.485.134,00 |
5.316.794,00 |
(43,47) |
|
Total |
63.635.122,00 |
44.389.996,00 |
51.478.857,00 |
43,35 |
|
TOTAL ASSET |
66.935.876,00 |
47.099.178,00 |
54.722.707,00 |
42,12 |
|
|
||||
|
SHAREHOLDERS FUNDS AND LIABILITIES |
||||
|
|
||||
|
SHAREHOLDERS FUNDS |
||||
|
Capital |
362.250,00 |
362.250,00 |
362.250,00 |
|
|
Other shareholders funds instruments |
3.969.951,00 |
3.969.951,00 |
3.969.951,00 |
|
|
Legal reserves |
72.450,00 |
72.450,00 |
72.450,00 |
|
|
Other reserves |
7.555.794,00 |
7.555.794,00 |
7.555.794,00 |
|
|
Net retained |
(903.819,00) |
1.363.618,00 |
(219.904,00) |
(166,28) |
|
Other shareholders funds changes |
6.746.999,00 |
151.944,00 |
172.521,00 |
4.340,45 |
|
Total |
17.803.625,00 |
13.476.007,00 |
11.913.062,00 |
32,11 |
|
Net income for the period |
1.549.625,00 |
(2.278.579,00) |
2.583.522,00 |
(168,01) |
|
TOTAL OF SHAREHOLDERS FUNDS |
19.353.250,00 |
11.197.428,00 |
14.496.584,00 |
72,84 |
|
|
||||
|
LIABILITY |
||||
|
|
||||
|
Non-current liabilities |
||||
|
Provisions |
1.686.130,00 |
2.170.881,00 |
5.506.127,00 |
(22,33) |
|
Deferred taxes liabilities |
2.528.302,00 |
28.729,00 |
40.057,00 |
8.700,52 |
|
Total |
4.214.432,00 |
2.199.610,00 |
5.546.184,00 |
91,60 |
|
|
||||
|
Current liabilities |
||||
|
Suppliers |
11.448.992,00 |
5.905.209,00 |
5.540.992,00 |
93,88 |
|
Advances from costumers |
6.528.305,00 |
8.534.453,00 |
11.258.096,00 |
(23,51) |
|
State and other public entities |
1.098.434,00 |
1.592.223,00 |
612.723,00 |
(31,01) |
|
Financing obtained |
2.000.000,00 |
|
|
|
|
Other payable accounts |
18.725.192,00 |
16.739.575,00 |
16.897.378,00 |
11,86 |
|
Deferrals |
3.464.146,00 |
827.801,00 |
257.276,00 |
318,48 |
|
Other financial liabilities |
103.125,00 |
102.879,00 |
113.474,00 |
0,24 |
|
Total |
43.368.194,00 |
33.702.140,00 |
34.679.939,00 |
28,68 |
|
TOTAL LIABILITIES |
47.582.626,00 |
35.901.750,00 |
40.226.123,00 |
32,54 |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
66.935.876,00 |
47.099.178,00 |
54.722.707,00 |
42,12 |
|
|
||||
|
INCOME STATEMENT |
||||
|
|
||||
|
INCOME AND EXPENSES |
||||
|
Sales and services |
41.916.506,00 |
44.630.946,00 |
51.162.620,00 |
(6,08) |
|
Operating government grants |
248.254,00 |
177.340,00 |
|
39,99 |
|
Variation in production inventories |
(1.706.084,00) |
(298.153,00) |
(1.890.562,00) |
472,22 |
|
Cost of goods sold and materials consumed |
6.167.513,00 |
10.506.101,00 |
7.422.323,00 |
(41,30) |
|
Suppliers and external services |
20.687.539,00 |
20.688.793,00 |
24.934.070,00 |
(0,01) |
|
Personnel costs |
12.731.821,00 |
15.592.352,00 |
14.292.299,00 |
(18,35) |
|
Impairment of inventories
(losses/revearsals) |
|
|
(309.645,00) |
|
|
Impairment of receivables
(losses/revearsals) |
27.926,00 |
|
(9.230,00) |
|
|
Provisions (increases/reductions) |
(492.827,00) |
(3.343.018,00) |
(400.812,00) |
(85,26) |
|
Impairment of investments not
depreciable/amortizable (losses/reversals) |
186.793,00 |
|
|
|
|
Increases/decreases in fair value |
5.424,00 |
10.595,00 |
83.791,00 |
(48,81) |
|
Other income and gains |
5.175.233,00 |
2.319.166,00 |
2.766.616,00 |
123,15 |
|
Other expenses and losses |
3.120.572,00 |
4.708.587,00 |
2.118.554,00 |
(33,73) |
|
Result before depreciation, financing
costs and taxes |
3.209.996,00 |
(1.312.921,00) |
4.074.906,00 |
(344,49) |
|
Expenses/reversals of depreciation and
amortization |
545.572,00 |
652.017,00 |
638.607,00 |
(16,33) |
|
Operating result (before financing costs
and taxes) |
2.664.424,00 |
(1.964.938,00) |
3.436.299,00 |
(235,60) |
|
Interest and similar income obtained |
16.193,00 |
42.645,00 |
97.265,00 |
(62,03) |
|
interest and similar expenses incurred |
8.664,00 |
1.625,00 |
2.013,00 |
433,17 |
|
Net before taxes |
2.671.953,00 |
(1.923.918,00) |
3.531.551,00 |
(238,88) |
|
Income tax of the period |
1.122.328,00 |
354.661,00 |
948.029,00 |
216,45 |
|
Net profit for the period |
1.549.625,00 |
(2.278.579,00) |
2.583.522,00 |
(168,01) |
ratios snc
|
|
|
||||
|
Closing Date |
2013 |
2012 |
2011 |
|
|
|
|
|||||
|
TURNOVER RATIOS |
|
|||||
|
Shareholder's Funds Profitability |
0,08 |
(0,203) |
0,178 |
|
|
|
|
Assets Profitability |
0,04 |
(0,042) |
0,063 |
|
|
|
|
Sales Net Profitability |
0,037 |
(0,051) |
0,05 |
|
|
|
|
|
|
|||||
|
EFFICIENCY RATIOS |
|
|||||
|
Medium Term Receivable |
184,046 |
142,408 |
201,041 |
|
|
|
|
Asset Rotation |
0,626 |
0,948 |
0,935 |
|
|
|
|
|
|
|||||
|
PRODUCTIVITY RATIOS |
|
|||||
|
Productivity |
2,808 |
2,189 |
3,06 |
|
|
|
|
|
|
|||||
|
SHORT TERM RATIOS |
|
|||||
|
General Liquidity |
1,467 |
1,317 |
1,484 |
|
|
|
|
Reduced Liquidity |
1,404 |
1,185 |
1,348 |
|
|
|
|
Immediate Liquidity |
0,137 |
0,311 |
0,153 |
|
|
|
|
|
|
|||||
|
MEDIUM LONG TERM RATIOS |
|
|||||
|
Financial Autonomy |
0,289 |
0,238 |
0,265 |
|
|
|
|
Solvability |
0,407 |
0,312 |
0,36 |
|
|
|
|
Borrowed Capital Structure |
0,911 |
0,939 |
0,862 |
|
|
|
|
General Debt |
0,103 |
|
|
|
|
|
|
Debt Structure |
0,911 |
0,939 |
0,862 |
|
|
|
|
Capital Structure |
4,592 |
5,091 |
2,614 |
|
|
|
|
|
|
|||||
|
Operational and Financial Risk |
|
|||||
|
Operational Leverage Level |
13,417 |
(17,367) |
12,729 |
|
|
|
|
Financial Leverage Level |
0,997 |
1,021 |
0,973 |
|
|
|
|
Combined Leverage Level |
13,377 |
(17,732) |
12,385 |
|
|
|
CASH
FLOW STATEMENT
|
Rubrics |
2013 |
2012 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL ACTIVITIES |
|
|
|
|
Customers receipts |
36.889.379,00 |
54.745.834,00 |
(32,62)% |
|
Payments to suppliers |
25.975.462,00 |
34.161.724,00 |
(23,96)% |
|
Payments to employees |
5.623.523,00 |
9.326.499,00 |
(39,70)% |
|
Cash at bank generated from operations |
5.290.394,00 |
11.257.611,00 |
(53,01)% |
|
Payment/receipt of income tax |
(327.927,00) |
726.949,00 |
(145,11)% |
|
Other receipts/payments |
(7.550.616,00) |
(5.683.458,00) |
(32,85)% |
|
Cash Flows from Operational Activities (A) |
(2.588.149,00) |
6.301.102,00 |
(141,07)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible assets |
11.004,00 |
125.932,00 |
(91,26)% |
|
Intangible assets |
5.005,00 |
30.869,00 |
(83,79)% |
|
Financial investments |
1.950.000,00 |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible assets |
1.016,00 |
122,00 |
732,79% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
697,00 |
5.416,00 |
(87,13)% |
|
Dividends |
- |
- |
- |
|
Cash Flows' Investments Activities (B) |
(1.964.296,00) |
(151.263,00) |
(1.198,60)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
- |
- |
- |
|
Paying-up of capital and other equity
instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
- |
- |
- |
|
Interests and similar expenses |
- |
- |
- |
|
Dividends |
- |
1.000.000,00 |
- |
|
Capital's redution and other equity
instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing Activities © |
0,00 |
(1.000.000,00) |
100,00% |
|
Variation in cash at bank and its
equivalents (A+B+C) |
(4.552.445,00) |
5.149.839,00 |
(188,40)% |
|
Effect of exchange differences |
(5.908,00) |
18.501,00 |
(131,93)% |
|
Cash at bank and its equivalents at the
start of period |
10.485.134,00 |
5.316.794,00 |
97,21% |
|
Cash at bank and its equivalents at the
end of period |
5.926.781,00 |
10.485.134,00 |
(43,47)% |
CASH FLOWS
|
|
|
Movimentos do
Periodo de 2013 |
|||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S CARRYING AMOUNT AND MOVEMENTS |
|
|||
|
Cash in hand |
28.729,00 |
138.153,00 |
151.060,00 |
15.822,00 |
|
Order deposits |
10.456.405,00 |
45.816.607,00 |
50.362.053,00 |
5.910.959,00 |
|
Other bank deposits |
- |
- |
- |
0,00 |
|
Total cash at bank and bank deposits |
10.485.134,00 |
45.954.760,00 |
50.513.113,00 |
5.926.781,00 |
|
Of which: Bank deposits abroad |
- |
- |
- |
0,00 |
|
Rubrics |
Value |
|
OTHER INFORMATION |
|
|
Receipts from: |
|
|
Non-life insurance claims |
- |
|
Operating subsidies |
- |
|
Cash at bank and its equivalents not
available for use |
- |
ASSETS IMPAIRMENT
|
|
|
Movimentos do
Periodo de 2013 |
|||||
|
|
Impairment
losses |
Impairment
losses reversals |
||||
|
Rubrics |
Recognized in
profit and loss |
On revalued
assets recognized in equity |
Total |
Recognized in
profit and loss |
Recognized in
Equity |
Total |
|
Individual assets |
|
|||||
|
Fixed tangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
0,00 |
0,00 |
- |
- |
0,00 |
0,00 |
|
Intangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment properties (cost model) |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Investments in progress |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Financial investments |
186.793,00 |
0,00 |
186.793,00 |
0,00 |
0,00 |
- |
|
TOTAL |
|
|
|
|
|
|
|
of which: cash-generating units |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
GOVERNMENT GRANTS
AND GOVERNMENT ASSISTANCE |
|
|
Grants from
State and other public bodies |
Grants from
other entities |
||
|
Rubrics |
Value assigned in
the period or in previous periods |
Value attributed
to the period |
Value assigned
in the period or in previous periods |
Value attributed
to the period |
|
Grants related to assets/investment: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Fixed tangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Land and Natural Resources |
- |
- |
- |
- |
|
Buildings and other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Development projects |
- |
- |
- |
- |
|
Computer programmes |
- |
- |
- |
- |
|
Industrial property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related to income / operating |
890.239,00 |
248.254,00 |
- |
- |
|
Value of repayments in the period: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Grants related to assets/investment |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
TOTAL |
890.239,00 |
248.254,00 |
0,00 |
0,00 |
|
IMPAIRMENT LOSSES
IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST |
|
|
Movimentos do
Periodo de 2013 |
||
|
Rubrics |
Impairment
losses |
Impairment
losses reversals |
Total |
|
Receivable debts from customers |
27.926,00 |
- |
27.926,00 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
27.926,00 |
0,00 |
27.926,00 |
|
DEBTS REGISTERED
AS DOUBTFUL |
|
Rubrics |
Value |
|
Regarding insolvency and company recovery
procedures or enforcement procedures |
- |
|
Claimed in court |
- |
|
In arrears: |
55.334,00 |
|
Over six months and up to twelve months |
- |
|
Over twelve months and up to eighteen
months |
7.057,00 |
|
Over eighteen months and up to twenty four
months |
3.512,00 |
|
Over twenty four months |
44.765,00 |
|
TOTAL |
55.334,00 |
|
EMPLOYEE BENEFITS,
COMPANY EMPLOYEES AND PERSONNEL COSTS |
|
|
|
Rubrics |
Average number
of employees |
Average number
of hours worked |
|
Company employees, paid and unpaid |
184 |
334.695 |
|
Paid company employees |
184 |
334.695 |
|
Company UNPAID employees |
0 |
- |
|
Company employees, by type of working hours |
|
|
|
Full time company employees |
183 |
334.392 |
|
Of which: Full time company employees |
183 |
334.392 |
|
Part time company employees |
1 |
303 |
|
Of which: Part time company employees |
1 |
303 |
|
Company employees, by gender: |
|
|
|
Men |
160 |
290.475 |
|
Women |
24 |
44.220 |
|
Company employees, of which: |
|
|
|
Company employees assigned to Research and
Development |
11 |
- |
|
Service providers |
2 |
3.373 |
|
People placed through temporary employment
agencies |
- |
- |
|
Staff costs |
|
|
|
Rubrics |
Value |
|
Staff costs |
12.731.821,00 |
|
Governance Bodies Remuneration |
- |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
8.952.264,00 |
|
Of which: Profit-sharing |
- |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
- |
|
For defined contribution plans - corporate
bodies |
- |
|
For defined contribution plans - others |
8.384,00 |
|
Compensations |
2.118.442,00 |
|
Charges on remunerations |
- |
|
Insurance for accidents at work and
professional diseases |
- |
|
Social security expenses |
1.652.731,00 |
|
Other staff costs |
- |
|
Of which: |
- |
|
INFORMATION BY GEOGRAPHIC
MARKETS |
|
|
Geographic
markets |
|||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
1.079.052,00 |
1.129.405,00 |
14.909.990,00 |
17.118.447,00 |
|
Services provided |
12.751.509,00 |
1.609.691,00 |
10.436.859,00 |
24.798.059,00 |
|
Purchases |
2.292.577,00 |
3.105.540,00 |
769.396,00 |
6.167.513,00 |
|
Supplies and external services |
10.711.960,00 |
8.673.095,00 |
1.302.484,00 |
20.687.539,00 |
|
Acquisition of fixed tangible assets |
10.424,00 |
580,00 |
- |
11.004,00 |
|
Acquisition of investment properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible assets |
2.254,00 |
1.232,00 |
1.519,00 |
5.005,00 |
|
Supplementary income: |
414.538,00 |
617.374,00 |
624.099,00 |
1.656.011,00 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological
assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
414.538,00 |
617.374,00 |
624.099,00 |
1.656.011,00 |
|
Memorandum: Sales and services provided (undiscounted
values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and supplies and
external services (undiscounted values) |
- |
- |
- |
0,00 |
|
RECEIVABLE AND
PAYABLE ACCOUNTS |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Customers |
|
|
|
|
Trade accounts receivable |
21.191.135,00 |
17.440.542,00 |
21,51% |
|
Trade notes receivable |
- |
- |
- |
|
Advances received from customers |
6.528.305,00 |
8.534.453,00 |
(23,51)% |
|
Suppliers |
|
|
|
|
Trade accounts payable |
11.448.188,00 |
5.905.209,00 |
93,87% |
|
Trade notes payable |
- |
- |
- |
|
Trade accounts payable - unchecked
invoices |
804,00 |
- |
- |
|
Advances to suppliers |
55.283,00 |
641.615,00 |
(91,38)% |
|
Staff |
|
|
|
|
Payable remunerations |
- |
- |
- |
|
Advanced payments |
3.515,00 |
2.948,00 |
19,23% |
|
Bonds |
- |
- |
- |
|
Other operations |
277,00 |
2.965,00 |
(90,66)% |
|
State and other public sector institutions |
|
|
|
|
Income Tax |
336.322,00 |
(365.415,00) |
192,04% |
|
Deductible IVA (debt cumulative amounts) |
- |
- |
- |
|
Paid IVA (credit cumulative amounts) |
- |
- |
- |
|
Shareholders / partners |
|
|
|
|
Shareholders with subscription |
- |
- |
- |
|
Unreleased quotas |
- |
- |
- |
|
Advances for profits |
- |
- |
- |
|
Allocated results |
|
|
|
|
From the perspective of the entity
distributing profits |
- |
- |
- |
|
From the perspective of the entity with
allocated profits |
- |
- |
- |
|
Available profits |
|
|
|
|
From the perspective of the entity distributing
profits |
- |
- |
- |
|
From the perspective of the entity with
allocated profits |
- |
- |
- |
|
Granted loans - parent company |
4.557.638,00 |
3.546.984,00 |
28,49% |
|
Granted loans - subsidiary companies, associated
companies and joint ventures |
- |
- |
- |
|
Granted loans - other
shareholders/partners |
- |
- |
- |
|
Of which: Participating companies |
- |
- |
- |
|
Other operations |
|
|
|
|
Debit status |
- |
- |
- |
|
Credit status |
- |
- |
- |
|
Other receivable and payable accounts |
|
|
|
|
Investment providers - general accounts |
- |
- |
- |
|
Trade accounts payable - unchecked
invoices |
- |
- |
- |
|
Advanced payments to investment providers |
- |
- |
- |
|
additional income - Debtors |
13.531.309,00 |
5.330.382,00 |
153,85% |
|
additional expenses - Creditors |
17.579.249,00 |
16.077.192,00 |
9,34% |
|
Deferred tax assets |
808.087,00 |
1.575.980,00 |
(48,72)% |
|
Deferred tax liabilities |
2.528.302,00 |
28.729,00 |
8.700,52% |
|
Unreleased subscriptions - Creditors |
- |
- |
- |
|
Advances received on account of sales |
- |
- |
- |
|
Other debtors and creditors |
|
|
|
|
Other debtors |
2.506.800,00 |
2.178.975,00 |
15,04% |
|
Other creditors |
1.145.943,00 |
662.383,00 |
73,00% |
|
EXPENSE ACCOUNTS |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Supplies and external services |
20.687.539,00 |
20.688.793,00 |
(0,01)% |
|
Subcontracts |
9.337.274,00 |
8.834.825,00 |
5,69% |
|
Specialized services |
3.689.565,00 |
6.281.821,00 |
(41,27)% |
|
Specialized works |
2.746.807,00 |
5.517.324,00 |
(50,21)% |
|
Of which: Payments to workers placed
through agencies |
- |
- |
- |
|
Advertising and promotion |
40.156,00 |
65.151,00 |
(38,36)% |
|
Surveillance and security |
110.791,00 |
99.746,00 |
11,07% |
|
Fees |
83.868,00 |
65.505,00 |
28,03% |
|
Comissions |
- |
- |
- |
|
Maintenance and repairs |
654.117,00 |
498.702,00 |
31,16% |
|
Others |
53.826,00 |
35.393,00 |
52,08% |
|
Materials |
3.063.434,00 |
931.838,00 |
228,75% |
|
Fast wear tools and utensils |
- |
3.017,00 |
- |
|
Books and technical documentation |
2.451,00 |
1.052,00 |
132,98% |
|
Office material |
50.720,00 |
50.380,00 |
0,67% |
|
Gift items |
8.573,00 |
6.632,00 |
29,27% |
|
Others |
3.001.690,00 |
870.757,00 |
244,72% |
|
Energy and fluids |
356.727,00 |
409.971,00 |
(12,99)% |
|
Electricity |
139.085,00 |
129.940,00 |
7,04% |
|
Fuels |
210.815,00 |
272.296,00 |
(22,58)% |
|
Water |
6.827,00 |
7.735,00 |
(11,74)% |
|
Others |
- |
- |
- |
|
Travel, lodging and transportation |
2.360.702,00 |
2.005.567,00 |
17,71% |
|
Travel and lodging |
1.426.420,00 |
1.247.297,00 |
14,36% |
|
Transport of personnel |
- |
- |
- |
|
Transport of goods |
934.282,00 |
758.270,00 |
23,21% |
|
Others |
- |
- |
- |
|
Different services |
1.879.837,00 |
2.224.771,00 |
(15,50)% |
|
Rents and leases |
1.252.004,00 |
1.482.498,00 |
(15,55)% |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
136.558,00 |
156.431,00 |
(12,70)% |
|
Insurance |
264.919,00 |
182.235,00 |
45,37% |
|
Royalties |
16.899,00 |
20.385,00 |
(17,10)% |
|
Litigation and Notaries |
894,00 |
493,00 |
81,34% |
|
Representation expenses |
- |
- |
- |
|
Cleaning, hygiene and comfort |
45.616,00 |
45.434,00 |
0,40% |
|
Other services |
162.947,00 |
337.295,00 |
(51,69)% |
|
Deliberation of Approval of Accounts |
|
Were the financial year's accounts
approved? |
|
|
YES |
|
|
Data da Aprovação: 27-03-2014 |
|
|
By (Unanimity/Majority): |
|
|
Unanimity |
|
|
Percentage of issued votes related to the share capital subscribed
with voting right |
|
|
100 |
|
|
The accounts were approved: |
|
|
In general meeting regularly convoked |
|
|
The accounts were approved: |
|
|
In POC/SNC/NCM (National Plan of Accounts/Accounting
Normalization System/Accounting Normalization for micro entities) |
|
|
PROFIT
APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S
ACCOUNTS |
|
Rubrics |
2013 |
2012 |
|
Retained earnings |
645.806,00 |
(914.961,00) |
|
Allocated results / Available profits |
- |
- |
|
Percentages or bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
- |
- |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
645.806,00 |
(914.961,00) |
|
Management
Report / Assessment of the Inspection Body / Legal Certification of Accounts |
|
MANAGEMENT REPORT |
|
|
Were the Management Report and financial
year's accounts prepared? |
|
|
YES |
|
|
Were the management report and the financial year's accounts signed by
all members of the management / administration? |
|
|
YES |
|
|
ASSESSMENT OF THE INSPECTION BODY |
|
|
The entity has an inspection body? |
|
|
YES |
|
|
Has the inspection body issued an assessment? |
|
|
YES |
|
|
The inspection body pronounced: |
|
|
In favour of the approval of accounts |
|
|
LEGAL CERTIFICATION OF ACCOUNTS (CLC) |
|
|
Is the entity required to have certified accounts by a Statutory Auditor/Statutory
Audit Firm? |
|
|
YES |
|
|
Identificação do ROC: 502107251 |
|
|
Was the Legal certification of accounts issued? |
|
|
YES |
|
|
Without reservation |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.60.14 |
|
UK Pound |
1 |
Rs.102.22 |
|
Euro |
1 |
Rs.81.02 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk and
to set the amount of credit to be extended. It is calculated from a composite
of weighted scores obtained from each of the major sections of this report. The
assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.