|
Report Date : |
22.03.2014 |
IDENTIFICATION DETAILS
|
Name : |
GUIMARAES & MEXIA LDA |
|
|
|
|
Registered Office : |
Rua de Sousa Aroso, 556, 4º Frente Direito, Matosinhos |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2012 |
|
|
|
|
Date of Incorporation : |
21.01.2004 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Representation and trade in textiles, Interior textiles, footwear, clothing
and fashion accessories, jewelry and leather goods, decoration items for the
home |
|
|
|
|
No. of Employees : |
2 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow but correct |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Portugal |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
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 2.5% in 2009, before growing
1.4% in 2010, but GDP 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 also has
introduced more flexibility into the labor market, 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, at 128% of GDP in 2013, it
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 mid-2014.
|
Source
: CIA |
|
Name |
GUIMARAES & MEXIA LDA |
|
V.A.T. Number / NIF |
506824101 |
|
Address |
Rua de Sousa Aroso, 556, 4º frente direito |
|
Locality |
Matosinhos |
|
Postal Code |
4450-287-MATOSINHOS |
|
Municipality |
MATOSINHOS |
|
District |
PORTO |
|
Telephone |
229387803 |
|
Fax |
229387805 |
|
E-Mail |
jaguimaraes@mail.telepac.pt |
|
|
|
|
C.A.E.(Rev 3) |
46410- Wholesale trade of textiles |
|
Actual Condition In activity |
|
Payments |
|
Incidents |
|
|
2010 |
2011 |
2012 |
|
Net Sales |
3.551.689,94 |
2.363.888,60 |
1.116.930,73 |
|
Net Income For the Year |
5.562,55 |
2.430,22 |
2.286,05 |
|
Shareholders Funds |
180.464,43 |
182.894,65 |
185.180,70 |
|
Stocks |
309.493,85 |
340.939,96 |
388.024,60 |
|
LIABILITY |
2.688.295,56 |
1.897.417,90 |
1.514.574,34 |
|
ASSETS |
2.868.759,99 |
2.080.312,55 |
1.699.755,04 |
|
Business Concept |
|
Consulted sources say that the subject has been respecting its payments
and commercial commitments, so credit connections with this company are
recommended. |
|
Legal Form |
Private Limited Company |
|
Constitution |
21-01-2004 |
|
V.A.T. Number / NIF |
506824101 |
|
Employees |
2 |
|
Capital |
200.500,00 |
|
Sales in : 31-12-2012 |
1.116.930,73 |
|
Shareholders Funds in: 31-12-2012 |
185.180,70 |
|
Payments |
Good |
|
Actual Condition |
In activity |
|
Management
Bodies |
|
JOSE ALBERTO LAGO GUIMARAES |
Managing-Partner |
|
RITA BORGES PROENCA MEXIA ALVES |
Managing-Partner |
|
Legal Structure |
|
Registed on the Register Record Office of Matosinhos with the Register
Number 506824101 previous number 16218 in 21-01-2004 |
|
Constitution celebrated in 21-01-2004 published on Diário da República
number 79 of 02-04-2004 |
|
To oblige the company it is necessary 1 signatures |
|
Changes to Society |
|
In 18-10-2013 on Portal MJ of 21-10-2013 increase of capital Clique para ver detalhes
|
|
|
In 10-09-2007 on Portal MJ of 10-09-2007 increase of capital Clique para ver detalhes
|
|
|
In 15-07-2005 on Diário da República number 226 of 24-11-2005 increase
of capital Clique
para ver detalhes
|
|
Capital |
|
The Capital is 200.500,00 |
|
|
with the following distribution |
|
JOSE ALBERTO LAGO GUIMARAES |
185.150,00 |
92,344% |
|
RITA BORGES PROENCA MEXIA ALVES |
15.350,00 |
7,656% |
|
Biographies |
|
|
|
|
Name |
JOSE ALBERTO LAGO GUIMARAES |
|
Funtion |
Managing-Partner |
|
Address |
Rua Marechal Saldanha, 365, 3º B |
|
Locality |
Porto |
|
Civil State |
Married |
|
Consort |
Rita Borges Proença Mexia Alves |
|
|
|
|
Name |
RITA BORGES PROENCA MEXIA ALVES |
|
Funtion |
Managing-Partner |
|
Address |
Rua Marechal Saldanha, 365, 3º B |
|
Locality |
Porto |
|
Civil State |
Married |
|
Consort |
José Alberto Lago Guimarães |
|
Previous Connections |
Foi administrador da firma Bomia-Restauração SA |
|
Professional Connections |
The subject has connections with the following company (ies) |
|
|
SOCIEDADE AGRICOLA DA ARCA LDA as Managing-Partner with a participation
of 374,10 , in a capital of 7.481,97 . |
|
Activities |
|
Line of Business |
Percentage |
|
Representation and trade in textiles, Interior textiles, footwear,
clothing and fashion accessories, jewelry and leather goods, decoration items
for the home |
100% |
|
Type of Clients |
Retailers/Wholesalers/Private Companies |
|
|
|
Sales Conditions |
Cash/credit |
|
|
|
Geographic Distribution of Sales |
|
|
Internal Market |
|
International Market |
|
|
Year |
|
EU |
Extra-EU |
Total |
|
|
2012 |
1.109.260,36 |
99,31% |
0,00 |
0,00% |
7.670,37 |
0,69% |
1.116.930,73 |
|
|
2011 |
2.246.756,54 |
95,04% |
95.541,77 |
4,04% |
21.590,29 |
0,91% |
2.363.888,60 |
|
|
2010 |
3.518.348,61 |
99,06% |
0,00 |
0,00% |
33.341,33 |
0,94% |
3.551.689,94 |
|
|
Geographic Distribution of Purchases |
|
|
Internal Market |
|
International Market |
|
|
Year |
|
EU |
Extra-EU |
Total |
|
|
2012 |
312.407,65 |
37,12% |
336.960,18 |
40,03% |
192.322,18 |
22,85% |
841.690,01 |
|
|
2011 |
548.132,67 |
28,31% |
- |
- |
1.387.725,95 |
71,69% |
1.935.858,62 |
|
|
2010 |
500.174,98 |
17,02% |
51.162,35 |
1,74% |
2.387.823,70 |
81,24% |
2.939.161,03 |
|
|
Banks and
Financial Institutions |
|
CAIXA GERAL DE DEPOSITOS, SA |
Matosinhos |
|
Incidents |
|
There are no of incidents on our database |
|
Employees |
|
Year |
Total |
Men |
Women |
|
|
2012 |
2 |
1 |
50% |
1 |
50% |
|
|
2011 |
2 |
1 |
50% |
1 |
50% |
|
|
2010 |
2 |
1 |
50% |
1 |
50% |
|
|
Head Office and
Installations |
||||||
|
Head office and office Rua de Sousa Aroso, 556, 4º frente direiro,
Matosinhos, 4450-287, MATOSINHOS, Tel:229387803, Fax:229387805 |
|
Financial
Demonstration SNC |
||
|
Balance Sheet SNC |
||
|
CoinEUROS |
|
Year:2012 |
|
|
||
|
|
2012 |
2011 |
2010 |
% Var.2012/2011 |
|
|
||||
|
ASSET |
||||
|
|
||||
|
Non-current assets |
||||
|
Tangible fixed assets |
20.918,42 |
36.067,67 |
59.750,69 |
(42,00) |
|
Financial participations - other methods |
|
|
1.089,50 |
|
|
Total |
20.918,42 |
36.067,67 |
60.840,19 |
(42,00) |
|
|
||||
|
Current assets |
||||
|
Inventories |
388.024,60 |
340.939,96 |
309.493,85 |
13,81 |
|
Costumers |
1.041.677,40 |
1.330.564,70 |
2.278.683,79 |
(21,71) |
|
State and other public entities |
118.219,77 |
233.728,97 |
14.393,77 |
(49,42) |
|
Shareholders/partners |
|
|
46.141,60 |
|
|
Other accounts receivable |
110.436,89 |
74.279,88 |
92.452,08 |
48,68 |
|
Deferrals |
3.507,90 |
39.173,35 |
43.609,36 |
(91,05) |
|
Financial assets held for trading |
1.069,80 |
1.089,50 |
|
(1,81) |
|
Cashier and bank deposits |
15.900,26 |
24.468,52 |
23.145,35 |
(35,02) |
|
Total |
1.678.836,62 |
2.044.244,88 |
2.807.919,80 |
(17,87) |
|
TOTAL ASSET |
1.699.755,04 |
2.080.312,55 |
2.868.759,99 |
(18,29) |
|
|
||||
|
SHAREHOLDERS FUNDS AND LIABILITIES |
||||
|
|
||||
|
SHAREHOLDERS FUNDS |
||||
|
Capital |
153.500,00 |
153.500,00 |
153.500,00 |
|
|
Legal reserves |
5.313,03 |
5.163,03 |
4.863,03 |
2,91 |
|
Other reserves |
17.378,61 |
15.098,39 |
9.835,84 |
15,10 |
|
Net retained |
6.703,01 |
6.703,01 |
6.703,01 |
|
|
Total |
182.894,65 |
180.464,43 |
174.901,88 |
1,35 |
|
Net income for the period |
2.286,05 |
2.430,22 |
5.562,55 |
(5,93) |
|
TOTAL OF SHAREHOLDERS FUNDS |
185.180,70 |
182.894,65 |
180.464,43 |
1,25 |
|
|
||||
|
LIABILITY |
||||
|
|
||||
|
Non-current liiabilities |
||||
|
Financing obtained |
118.460,20 |
159.239,86 |
151.437,33 |
(25,61) |
|
Total |
118.460,20 |
159.239,86 |
151.437,33 |
(25,61) |
|
|
||||
|
Current liabilities |
||||
|
Suppliers |
291.710,80 |
440.250,42 |
351.779,27 |
(33,74) |
|
State and other public entities |
|
26.330,70 |
49.590,45 |
|
|
Shareholders/partners |
21.429,88 |
|
|
|
|
Financing obtained |
983.472,19 |
1.200.052,09 |
1.843.546,19 |
(18,05) |
|
Other payable accounts |
99.501,27 |
71.544,83 |
291.942,32 |
39,08 |
|
Total |
1.396.114,14 |
1.738.178,04 |
2.536.858,23 |
(19,68) |
|
TOTAL LIABILITIES |
1.514.574,34 |
1.897.417,90 |
2.688.295,56 |
(20,18) |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
1.699.755,04 |
2.080.312,55 |
2.868.759,99 |
(18,29) |
|
|
||||
|
INCOME STATEMENT |
||||
|
|
||||
|
INCOME AND EXPENSES |
||||
|
Sales and services |
1.116.930,73 |
2.363.888,60 |
3.551.689,94 |
(52,75) |
|
Cost of goods sold and materials consumed |
794.605,37 |
1.904.412,51 |
2.937.200,92 |
(58,28) |
|
Suppliers and external services |
127.668,34 |
147.635,01 |
191.412,57 |
(13,52) |
|
Personnel costs |
70.197,36 |
99.914,14 |
106.200,43 |
(29,74) |
|
Impairment of receivables (losses/revearsals) |
|
|
157.776,43 |
|
|
Other income and gains |
75.340,55 |
68.589,33 |
152.775,88 |
9,84 |
|
Other expenses and losses |
128.909,20 |
231.477,05 |
129.923,63 |
(44,31) |
|
Result before depreciation, financing costs and taxes |
70.891,01 |
49.039,22 |
181.951,84 |
44,56 |
|
Expenses/reversals of depreciation and amortization |
15.149,25 |
23.683,02 |
35.253,94 |
(36,03) |
|
Operating result (before financing costs and taxes) |
55.741,76 |
25.356,20 |
146.697,90 |
119,83 |
|
Interest and similar income obtained |
|
|
264,23 |
|
|
interest and similar expenses incurred |
35.961,90 |
2.422,44 |
118.113,34 |
1.384,53 |
|
Net before taxes |
19.779,86 |
22.933,76 |
28.848,79 |
(13,75) |
|
Income tax of the period |
17.493,81 |
20.503,54 |
23.286,24 |
(14,68) |
|
Net profit for the period |
2.286,05 |
2.430,22 |
5.562,55 |
(5,93) |
|
RATIOS SNC |
|
|
||||
|
Closing Date |
2012 |
2011 |
2010 |
|
|
|
|
|||||
|
TURNOVER RATIOS |
|
|||||
|
Shareholder's Funds Profitability |
0,012 |
0,013 |
0,031 |
|
|
|
|
Assets Profitability |
0,033 |
0,012 |
0,051 |
|
|
|
|
Sales Net Profitability |
0,002 |
0,001 |
0,002 |
|
|
|
|
|
|
|||||
|
EFFICIENCY RATIOS |
|
|||||
|
Medium Term Receivable |
340,408 |
205,448 |
234,176 |
|
|
|
|
Asset Rotation |
0,657 |
1,136 |
1,238 |
|
|
|
|
|
|
|||||
|
PRODUCTIVITY RATIOS |
|
|||||
|
Productivity |
4,592 |
4,599 |
5,786 |
|
|
|
|
|
|
|||||
|
SHORT TERM RATIOS |
|
|||||
|
General Liquidity |
1,203 |
1,176 |
1,107 |
|
|
|
|
Reduced Liquidity |
0,925 |
0,98 |
0,985 |
|
|
|
|
Immediate Liquidity |
0,011 |
0,014 |
0,009 |
|
|
|
|
|
|
|||||
|
MEDIUM LONG TERM RATIOS |
|
|||||
|
Financial Autonomy |
0,109 |
0,088 |
0,063 |
|
|
|
|
Solvability |
0,122 |
0,096 |
0,067 |
|
|
|
|
Borrowed Capital Structure |
0,922 |
0,916 |
0,944 |
|
|
|
|
General Debt |
5,951 |
7,432 |
11,055 |
|
|
|
|
Medium Long Term Debt |
0,64 |
0,871 |
0,839 |
|
|
|
|
Debt Structure |
0,922 |
0,916 |
0,944 |
|
|
|
|
Capital Structure |
1,563 |
1,149 |
1,192 |
|
|
|
|
|
|
|||||
|
Operational and Financial Risk |
|
|||||
|
Operational Leverage Level |
5,782 |
18,121 |
4,189 |
|
|
|
|
Financial Leverage Level |
2,818 |
1,106 |
5,085 |
|
|
|
|
Combined Leverage Level |
16,294 |
20,042 |
21,301 |
|
|
|
|
CASH FLOW
STATEMENT |
|
Rubrics |
2012 |
2011 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL ACTIVITIES |
|
|
|
|
Customers receipts |
1.405.818,03 |
3.312.007,69 |
(57,55)% |
|
Payments to suppliers |
862.561,29 |
1.699.752,46 |
(49,25)% |
|
Payments to employees |
65.870,46 |
103.548,33 |
(36,39)% |
|
Cash at bank generated from operations |
477.386,28 |
1.508.706,90 |
(68,36)% |
|
Payment/receipt of income tax |
(32.273,71) |
(39.424,50) |
18,14% |
|
Other receipts/payments |
(625.270,04) |
(999.788,67) |
37,46% |
|
Cash Flows from Operational Activities (A) |
(180.157,47) |
469.493,73 |
(138,37)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible assets |
7.134,87 |
6.710,45 |
6,32% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible assets |
15.000,00 |
- |
- |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
23.819,10 |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
47,59 |
131,83 |
(63,90)% |
|
Dividends |
- |
- |
- |
|
Cash Flows' Investments Activities (B) |
31.731,82 |
(6.578,62) |
582,35% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
405.820,43 |
270.749,93 |
49,89% |
|
Paying-up of capital and other equity instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
148.566,68 |
590.499,00 |
(74,84)% |
|
Interests and similar expenses |
96.969,57 |
110.774,54 |
(12,46)% |
|
Dividends |
- |
- |
- |
|
Capital's redution and other equity instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing Activities © |
160.284,18 |
(430.523,61) |
137,23% |
|
Variation in cash at bank and its equivalents (A+B+C) |
11.858,53 |
32.391,50 |
(63,39)% |
|
Effect of exchange differences |
(20.426,79) |
(31.068,33) |
34,25% |
|
Cash at bank and its equivalents at the start of period |
24.468,52 |
23.145,35 |
5,72% |
|
Cash at bank and its equivalents at the end of period |
15.900,26 |
24.468,52 |
(35,02)% |
|
CASH FLOWS |
|
|
Movimentos do Periodo de 2012 |
|||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S CARRYING AMOUNT AND MOVEMENTS |
|
|||
|
Cash in hand |
- |
- |
- |
0,00 |
|
Order deposits |
24.468,52 |
4.636.947,45 |
4.645.515,71 |
15.900,26 |
|
Other bank deposits |
- |
- |
- |
0,00 |
|
Total cash at bank and bank deposits |
24.468,52 |
4.636.947,45 |
4.645.515,71 |
15.900,26 |
|
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 2012 |
|||||
|
|
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 |
0,00 |
0,00 |
- |
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 |
- |
- |
- |
- |
|
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 |
0,00 |
0,00 |
0,00 |
0,00 |
|
IMPAIRMENT
LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST |
|
|
Movimentos do Periodo de 2012 |
||
|
Rubrics |
Impairment losses |
Impairment losses reversals |
Total |
|
Receivable debts from customers |
- |
- |
0,00 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
0,00 |
0,00 |
0,00 |
|
DEBTS REGISTERED
AS DOUBTFUL |
|
Rubrics |
Value |
|
Regarding insolvency and company recovery procedures or enforcement
procedures |
- |
|
Claimed in court |
- |
|
In arrears: |
0,00 |
|
Over six months and up to twelve months |
- |
|
Over twelve months and up to eighteen months |
- |
|
Over eighteen months and up to twenty four months |
- |
|
Over twenty four months |
- |
|
TOTAL |
0,00 |
|
EMPLOYEE
BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS |
|
|
|
Rubrics |
Average number of employees |
Average number of hours worked |
|
Company employees, paid and unpaid |
2 |
2.254 |
|
Paid company employees |
2 |
2.254 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of working hours |
|
|
|
Full time company employees |
2 |
2.254 |
|
Of which: Full time company employees |
2 |
2.254 |
|
Part time company employees |
0 |
0 |
|
Of which: Part time company employees |
0 |
0 |
|
Company employees, by gender: |
|
|
|
Men |
1 |
1.907 |
|
Women |
1 |
347 |
|
Company employees, of which: |
|
|
|
Company employees assigned to Research and Development |
0 |
- |
|
Service providers |
0 |
0 |
|
People placed through temporary employment agencies |
0 |
- |
|
Staff costs |
|
|
|
Rubrics |
Value |
|
Staff costs |
70.197,36 |
|
Governance Bodies Remuneration |
51.100,00 |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
5.000,00 |
|
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 |
- |
|
Compensations |
10.501,40 |
|
Charges on remunerations |
622,76 |
|
Insurance for accidents at work and professional diseases |
2.973,20 |
|
Social security expenses |
- |
|
Other staff costs |
- |
|
Of which: |
- |
|
INFORMATION BY
GEOGRAPHIC MARKETS |
|
|
Geographic markets |
|||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
1.109.260,36 |
- |
- |
1.109.260,36 |
|
Services provided |
- |
- |
7.670,37 |
7.670,37 |
|
Purchases |
312.407,65 |
336.960,18 |
192.322,18 |
841.690,01 |
|
Supplies and external services |
127.668,34 |
- |
- |
127.668,34 |
|
Acquisition of fixed tangible assets |
- |
- |
- |
0,00 |
|
Acquisition of investment properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible assets |
- |
- |
- |
0,00 |
|
Supplementary income: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
- |
- |
- |
0,00 |
|
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 |
2012 |
2011 |
PERIODS |
|
Customers |
|
|
|
|
Trade accounts receivable |
851.518,15 |
953.064,47 |
(10,65)% |
|
Trade notes receivable |
347.935,68 |
535.276,66 |
(35,00)% |
|
Advances received from customers |
- |
- |
- |
|
Suppliers |
|
|
|
|
Trade accounts payable |
291.710,80 |
353.482,66 |
(17,48)% |
|
Trade notes payable |
- |
86.767,76 |
- |
|
Trade accounts payable - unchecked invoices |
- |
- |
- |
|
Advances to suppliers |
- |
- |
- |
|
Staff |
|
|
|
|
Payable remunerations |
- |
3.703,55 |
- |
|
Advanced payments |
- |
- |
- |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
State and other public sector institutions |
|
|
|
|
Income Tax |
11.770,17 |
16.138,26 |
(27,07)% |
|
Deductible IVA (debt cumulative amounts) |
227.041,20 |
567.754,61 |
(60,01)% |
|
Paid IVA (credit cumulative amounts) |
342.089,21 |
529.867,02 |
(35,44)% |
|
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 |
- |
- |
- |
|
Granted loans - subsidiary companies, associated companies and joint
ventures |
- |
- |
- |
|
Granted loans - other shareholders/partners |
- |
- |
- |
|
Of which: Participating companies |
- |
- |
- |
|
Other operations |
|
|
|
|
Debit status |
- |
- |
- |
|
Credit status |
21.429,88 |
- |
- |
|
Other receivable and payable accounts |
|
|
|
|
Investment providers - general accounts |
195,57 |
- |
- |
|
Trade accounts payable - unchecked invoices |
- |
- |
- |
|
Advanced payments to investment providers |
- |
- |
- |
|
additional income - Debtors |
- |
- |
- |
|
additional expenses - Creditors |
9.791,82 |
14.726,47 |
(33,51)% |
|
Deferred tax assets |
- |
- |
- |
|
Deferred tax liabilities |
- |
- |
- |
|
Unreleased subscriptions - Creditors |
- |
- |
- |
|
Advances received on account of sales |
- |
- |
- |
|
Other debtors and creditors |
|
|
|
|
Other debtors |
- |
73.861,10 |
- |
|
Other creditors |
- |
48.838,25 |
- |
|
EXPENSE ACCOUNTS |
|
Rubrics |
2012 |
2011 |
PERIODS |
|
Supplies and external services |
127.668,34 |
147.635,01 |
(13,52)% |
|
Subcontracts |
- |
- |
- |
|
Specialized services |
85.198,12 |
82.811,40 |
2,88% |
|
Specialized works |
7.191,33 |
8.996,25 |
(20,06)% |
|
Of which |
- |
- |
- |
|
Of which: Payments to workers placed through agencies |
- |
- |
- |
|
Advertising and promotion |
- |
- |
- |
|
Surveillance and security |
23,76 |
- |
- |
|
Fees |
- |
468,72 |
- |
|
Comissions |
3.840,83 |
3.685,70 |
4,21% |
|
Maintenance and repairs |
74.142,20 |
69.660,73 |
6,43% |
|
Others |
462,39 |
497,24 |
(7,01)% |
|
Materials |
- |
- |
- |
|
Fast wear tools and utensils |
- |
- |
- |
|
Books and technical documentation |
462,39 |
497,24 |
(7,01)% |
|
Office material |
- |
- |
- |
|
Gift items |
- |
- |
- |
|
Others |
4.979,73 |
5.787,93 |
(13,96)% |
|
Energy and fluids |
285,35 |
287,69 |
(0,81)% |
|
Electricity |
4.525,47 |
5.348,90 |
(15,39)% |
|
Fuels |
168,91 |
151,34 |
11,61% |
|
Water |
- |
- |
- |
|
Others |
15.899,21 |
26.489,80 |
(39,98)% |
|
Travel, lodging and transportation |
5.624,21 |
1.989,80 |
182,65% |
|
Travel and lodging |
- |
- |
- |
|
Transport of personnel |
10.275,00 |
24.500,00 |
(58,06)% |
|
Transport of goods |
- |
- |
- |
|
Others |
21.128,89 |
32.048,64 |
(34,07)% |
|
Different services |
11.319,18 |
11.212,40 |
0,95% |
|
Rents and leases |
- |
- |
- |
|
Of which: Rents from land |
3.922,44 |
4.396,76 |
(10,79)% |
|
Communication |
3.607,26 |
5.624,77 |
(35,87)% |
|
Insurance |
- |
- |
- |
|
Royalties |
85,00 |
347,78 |
(75,56)% |
|
Litigation and Notaries |
1.590,85 |
5.547,79 |
(71,32)% |
|
Representation expenses |
62,95 |
75,97 |
(17,14)% |
|
Cleaning, hygiene and comfort |
541,21 |
4.843,17 |
(88,83)% |
|
Deliberation of Approval of Accounts |
|
Were the financial year's accounts approved? |
|
|
YES |
|
|
Data da Aprovação: 31-03-2013 |
|
|
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 |
2012 |
2011 |
|
Retained earnings |
8.989,06 |
9.133,23 |
|
Allocated results / Available profits |
- |
- |
|
Percentages or bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
2.286,05 |
2.430,22 |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
6.703,01 |
6.703,01 |
|
Management Report / Assessment of the Inspection Body / Legal
Certification of Accounts |
|
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 |
|
|
The entity has an inspection body? |
|
|
NO |
|
|
Has the inspection body issued an assessment? |
|
|
Information Available |
|
|
The inspection body pronounced: |
|
|
Information Available |
|
|
Is the entity required to have certified accounts by a Statutory Auditor/Statutory
Audit Firm? |
|
|
NO |
|
|
Identificação do ROC: |
|
|
Was the Legal certification of accounts issued? |
|
|
Information Available |
|
DIAMOND INDUSTRY – INDIA
-
From time immemorial, India is well known in the world
as the birthplace for diamonds. It is difficult to trace the origin of
diamonds but history says that in the remote past, diamonds were mined only in
India. Diamond production in India can be traced back to almost 8th
Century B.C. India, in fact, remained undisputed leader till 18th
Century when Brazilian fields were discovered in 1725 followed by emergence of
S. Africa, Russia and Australia.
-
The achievement of the Indian diamond industry was
possible only due to combination of the manufacturing skills of the Indian
workforce and the untiring and unflagging efforts of the Indian diamantaires,
supported by progressive Government policies.
-
The area of study of family owned diamond businesses
derives its importance from the huge conglomerate of family run organizations
which operate in the diamond industry since many generations.
-
Some of the basic traits of family run business
enterprises include spirit of entrepreneurship, mutual trust lowers transaction
costs, small, nimble and quick to react, information as a source of advantage
and philanthropy.
-
Family owned diamond businesses need to improve on
many fronts including higher standard of corporate governance, long-term
performance – focused strategies, modern management and technology.
-
Utmost caution is to be exercised while dealing with
some medium and large diamond traders which are usually engaged in fictitious
import – export, inter-company transactions, financially assisted by banks. In
the process, several public sector banks lost several hundred million rupees.
They mostly diverted borrowed money for diamond business into real estate and
capital markets.
-
Excerpts from Times of India dated 30th
October 2010 is as under –
-
Gem & Jewellery Export Promotion Council in its
statistical data has shown the export of polished diamonds to have increase by
28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in
February, 2012, India exported $ 1.84 billion worth of polished diamonds in
February 2013. A senior executive of GJEPC said, “Export of cut and polished
diamonds started falling month-wise after the imposition of 2 % of import duty
on the polished diamonds. But February, 2013 has given a new ray of hope to the
industry as the export of polished diamonds has actually increased by 28 %. It
means the industry is on the track of recovery and round tripping of
diamonds has stopped completely.” Demand has started coming from the US, the
UK, Japan and China. India’s polished diamond export is expected to cross $ 21
bn in 2013-14.
-
The banking sector has started exercising restraint
while following prudent risk management norms when lending money to gems and
jewellery sector. This follows the implementation of Basel III accord – a
global voluntary regulatory standard on bank capital adequacy, stress testing
and market liquidity.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.05 |
|
|
1 |
Rs.100.81 |
|
Euro |
1 |
Rs.84.18 |
INFORMATION DETAILS
|
Report Prepared
by : |
NNA |
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.