MIRA INFORM REPORT

Report Date :

09.05.2014

IDENTIFICATION DETAILS

Name :	DILLINGER INTERNATIONAL
Registered Office :	39 A 41, 39 Rue Louis Blanc, 92400 Courbevoie
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	December 1999
Com. Reg. No.:	RCS Nanterre 1 428 868 343
Legal Form :	Public limited company with board of directors
Line of Business :	sale of fuels, ores, metals and chemicals
No. of Employees :	10 to 19 employees

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 :	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 – March 31, 2014

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

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

france ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.5% of GDP in 2012, while France's public debt rose from 68% of GDP to 89% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows.

Source : CIA

REGISTERED NAME & COMPANY SUMMARY

DILLINGER INTERNATIONAL

SIRET

428 868 343 00107

Company summary

		EUR VAT Number	FR48428868343
Activity (APE)	Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B) (sale of fuels, ores, metals and chemicals (4612B))	Legal form	Public limited company with board of directors
Phone		RCS Registration	RCS Nanterre 1 428 868 343
Fax		Share capital	700,000 Euros
Address	DILLINGER INTERNATIONAL 39 A 41 39 RUE LOUIS BLANC 92400 COURBEVOIE	Incorporated Date	01/2000
Nationality	France	Status	Economically active

Company details

Activity (APE)	Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B) (sale of fuels, ores, metals and chemicals (4612B))
RCS Registration	RCS Nanterre 1 428 868 343	Share capital	700,000 Euros
Registration Court	Nanterre (92)	Legal form	Public limited company with board of directors
Court Registry Number	20 1 0B09103	EUR VAT Number	FR48428868343
Incorporation Date	01/2000	Formation Date	12/1999
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Establishment details

Activity (APE)	Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B) (sale of fuels, ores, metals and chemicals (4612B))	Business Pages FT®
Postal Address	DILLINGER INTERNATIONAL 39 A 41 39 RUE LOUIS BLANC 92400 COURBEVOIE	Trading Address	39 RUE LOUIS BLANC 92400 COURBEVOIE
Telephone
Fax

Type	Head office	Status	Economically active
Formation Date	12/2010	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department		Region	Ile-de-France
District		Area
City	COURBEVOIE	Size of urban area

DIRECTORS/MANAGEMENT

Directors

Name	M. ROHR BERNARD
Manager position	Administrator, President, Managing director	Date of birth	06/02/1967
Place of birth	STRASBOURG
Type	Individual	Name at birth

Name	M. METZKEN FRED UWE
Manager position	Administrator	Date of birth	04/08/1955
Place of birth	SAARBRUECKEN(ALLEMAGNE)
Type	Individual	Name at birth

Name	M. BLESSING KARLHEINZ
Manager position	Administrator	Date of birth	12/05/1957
Place of birth	EISLINGEN FILS(ALLEMAGNE)
Type	Individual	Name at birth

Name	M. LUXENBURGER GUNTER
Manager position	Administrator	Date of birth	10/11/1957
Place of birth	NEUFORWEILLER SAARLOUIS(ALLEMAGNE)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Administrator	MME ANITA DEWISPELAERE DAUWE	- - -
Administrator	M GUNTER LUXENBURGER	10/11/1957 - NEUFORWEILLER SAARLOUIS(ALLEMAGNE)

NEGATIVE INFORMATION

Judgements

Collective procedures

No judgment information for the company.

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

Preferential rights details and history

Status of collection

This company is not under monitoring

GROUP STRUCTURE & AFFILIATED COMPANIES

Ultimate Holding Company
	Company Name	Company number
	DILLINGER HÜTTE SAARSTAHL AG	HRB 24874

Group data

Ultimate parent company	DILLINGER HÜTTE SAARSTAHL AG
Direct parent	A.G.DER DILLINGER HUTTENWERKE - FORGES ET ACIERIES DE DILLING - 100 %
Group – Number of companies	33
Linkages – Number of companies	42
Number of countries	6

FINANCIAL INFORMATION

Trading to Date	12/31/2012	12/31/2011	12/31/2010
Turnover	7,662,365 €	5,257,404 €	5,722,198 €
Gross Operating Surplus	1,76 % Turnover	2,61 % Turnover	6,40 % Turnover
Shareholders’ equity	1,477,721 €	1,472,868 €	1,396,703 €
Net result	74,854 €	78,965 €	3,180 €
Employees	10 to 19 employees	-	-

Accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2012	31/12/2011	31/12/2010
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Date of capture	17/07/2013	15/10/2012	22/08/2011
Activity Code	4612B	4612B	4612B
Employees	0	19	0

Active account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	1 095 865	-0,3%	1 099 059	0,7%	1 091 670	12 951,50	8361,3%
- Intangible assets	1 067 000	0%	1 067 000	0%	1 067 000	0	0%
- Tangible assets	15 544	-1,5%	15 780	87,6%	8 412	2 066	652,4%
- Financial assets	13 321	-18,2%	16 279	0,1%	16 258	538	2376,0%
Net current assets	50 816 061	56,5%	32 468 868	2,4%	31 694 982	358 370,50	14079,8%
- Stocks	0	0%	0	0%	0	0	0%
- Advanced payments	0	56,5%	0	0%	0	0	0%
- Receivables	47 672 714	76,8%	26 956 614	5,8%	25 483 193	139 784,50	34004,4%
- Securities and cash	3 143 347	-43,0%	5 512 254	-11,3%	6 211 789	53 728	5750,5%
- Prepaid expenses	-	-	-	-	-	0	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	51 911 929	54,6%	33 567 925	2,4%	32 786 655	407 748,50	12631,4%

Passive Account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Shareholders' equity	1 477 721	0,3%	1 472 868	5,5%	1 396 703	122 282	1108,5%
Share capital	700 000	0%	700 000	0%	700 000	37 000	1791,9%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	1 326 646	1,2%	1 311 071	2,2%	1 282 366	0	0%
Liabilities	49 107 558	59,5%	30 783 987	2,2%	30 107 584	195 310	25043,4%
- Financial liabilities	38 530	0%	0	0%	0	7 816,50	392,9%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	558 800	127,6%	245 505	-35,8%	382 517	21 204	2535,4%
- Tax and social liabilities	1 009 584	11,6%	904 949	37,6%	657 824	55 838	1708,1%
- Other debts and fixed assets liabilities	47 500 644	60,3%	29 633 533	1,9%	29 067 243	2 399,50	1979505,9%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	51 911 929	54,6%	33 567 926	2,4%	32 786 654	407 748	12631,4%

Results

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Sales of Goods	7 688 426	45,4%	5 288 547	-8,6%	5 787 707	505 177	1421,9%
Net turnover	7 662 365	45,7%	5 257 404	-8,1%	5 722 198	494 514,50	1449,5%
- of which net export turnover	5 224 500	16,0%	4 503 602	-18,4%	5 516 663	0	0%
Operating charges	7 574 755	46,0%	5 189 470	-8,4%	5 667 051	450 228,50	1582,4%
Operating profit/loss	113 671	14,7%	99 077	-17,9%	120 656	29 813	281,3%
Financial income	7 259	-81,3%	38 836	182,4%	13 753	266	2628,9%
Financial charges	0	0%	0	0%	670	389	0%
Financial profit/loss	7 259	-81,3%	38 836	196,8%	13 083	0	0%
Pretax net operating income	120 930	-12,3%	137 913	3,1%	133 739	30 986,50	290,3%
Extraordinary income	0	0%	0	0%	0	0	0%
Extraordinary charges	0	0%	0	0%	0	9,50	0%
Extraordinary profit/loss	0	0%	0	0%	0	0	0%
Net result	74 854	-5,2%	78 965	2383,2%	3 180	23 749	215,2%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2012	31/12/2011	31/12/2010
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

			31/12/2012		31/12/2011		31/12/2010
	Grand Total (I to VI)	Net	51 911 929	54,6%	33 567 925	2,4%	32 786 655
	Gross	CO	51 945 949	54,6%	33 594 507	2,4%	32 809 104
	Amortisation	1A	34 020	28,0%	26 582	18,4%	22 449

Non declared distributed capital (I)

		31/12/2012		31/12/2011		31/12/2010
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

			31/12/2012		31/12/2011		31/12/2010
	Total Active fixed asset (II)	Net	1 095 865	-0,3%	1 099 059	0,7%	1 091 670
	Gross	BJ	1 129 885	0,4%	1 125 641	1,0%	1 114 120
	Amortisation	BK	34 020	28,0%	26 582	18,4%	22 450

Intangible fixed assets

			31/12/2012		31/12/2011		31/12/2010
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	0	0%	0	0%	0
	Gross	AF	0	0%	0	0%	0
	Amortisation	AG	0	0%	0	0%	0
	Goodwill	Net	1 067 000	0%	1 067 000	0%	1 067 000
	Gross	AH	1 067 000	0%	1 067 000	0%	1 067 000
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	0	0%	0	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	1 067 000	0%	1 067 000	0%	1 067 000

Tangible fixed assets

			31/12/2012		31/12/2011		31/12/2010
	Lands	Net	0	0%	0	0%	0
	Gross	AN	0	0%	0	0%	0
	Amortisation	AO	0	0%	0	0%	0
	Buildings	Net	0	0%	0	0%	0
	Gross	AP	0	0%	0	0%	0
	Amortisation	AQ	0	0%	0	0%	0
	Plant	Net	0	0%	0	0%	0
	Gross	AR	0	0%	0	0%	0
	Amortisation	AS	0	0%	0	0%	0
	Other tangible fixed assets	Net	15 544	-1,5%	15 780	87,6%	8 412
	Gross	AT	49 564	17,0%	42 362	37,3%	30 862
	Amortisation	AU	34 020	28,0%	26 582	18,4%	22 450
	Fixed assets in construction	Net	0	0%	0	0%	0
	Gross	AV	0	0%	0	0%	0
	Amortisation	AW	0	0%	0	0%	0
	Advances and payments on account	Net	0	0%	0	0%	0
	Gross	AX	0	0%	0	0%	0
	Amortisation	AY	0	0%	0	0%	0
	Sub Total Tangible asset	Net	15 544		15 780		8 412

Financial assets

			31/12/2012		31/12/2011		31/12/2010
	Associates at equity	Net	0	0%	0	0%	0
	Gross	CS	0	0%	0	0%	0
	Amortisation	CT	0	0%	0	0%	0
	Other participations	Net	0	0%	0	0%	0
	Gross	CU	0	0%	0	0%	0
	Amortisation	CV	0	0%	0	0%	0
	Inter-company receivables	Net	0	0%	0	0%	0
	Gross	BB	0	0%	0	0%	0
	Amortisation	BC	0	0%	0	0%	0
	Other investment securities	Net	0	0%	0	0%	0
	Gross	BD	0	0%	0	0%	0
	Amortisation	BE	0	0%	0	0%	0
	Loans	Net	0	0%	0	0%	0
	Gross	BF	0	0%	0	0%	0
	Amortisation	BG	0		0		0
	Other financial assets	Net	13 321	-18,2%	16 279	0,1%	16 258
	Gross	BH	13 321	-18,2%	16 279	0,1%	16 258
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		13 321		16 279		16 258

Current Assets (III)

			31/12/2012		31/12/2011		31/12/2010
	Total Assets	Net	50 816 061	56,5%	32 468 868	2,4%	31 694 982
	Gross	CJ	50 816 061	56,5%	32 468 868	2,4%	31 694 982
	Amortisation	CK	0	0%	0	0%	0

Stocks

			31/12/2012		31/12/2011		31/12/2010
	Raw materials	Net	0	0%	0	0%	0
	Gross	BL	0	0%	0	0%	0
	Amortisation	BM	0	0%	0	0%	0
	Work in progress (goods)	Net	0	0%	0	0%	0
	Gross	BN	0	0%	0	0%	0
	Amortisation	BO	0	0%	0	0%	0
	Work in progress (services)	Net	0	0%	0	0%	0
	Gross	BP	0	0%	0	0%	0
	Amortisation	BQ	0	0%	0	0%	0
	Semi-finished and finished products	Net	0	0%	0	0%	0
	Gross	BR	0	0%	0	0%	0
	Amortisation	BS	0	0%	0	0%	0
	Goods for resale	Net	0	0%	0	0%	0
	Gross	BT	0	0%	0	0%	0
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	0	0%	0	0%	0

Advance payments to suppliers

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

Debtors

			31/12/2012		31/12/2011		31/12/2010
	Trade accounts receivable	Net	1 121 853	121,0%	507 600	-43,3%	895 200
	Gross	BX	1 121 853	121,0%	507 600	-43,3%	895 200
	Amortisation	BY	0	0%	0	0%	0
	Other debtors	Net	46 549 417	76,0%	26 443 182	7,5%	24 587 993
	Gross	BZ	46 549 417	76,0%	26 443 182	7,5%	24 587 993
	Amortisation	CA	0	0%	0	0%	0
	Capital subscribed and called up	Net	0	0%	0	0%	0
	Gross	CB	0	0%	0	0%	0
	Amortisation	CC	0	0%	0	0%	0
	Sub Total Debtors	Net	47 671 270	76,9%	26 950 782	5,8%	25 483 193

Divers

			31/12/2012		31/12/2011		31/12/2010
	Investment securities	Net	1 511 027	-49,0%	2 963 945	-47,9%	5 684 179
	Gross	CD	1 511 027	-49,0%	2 963 945	-47,9%	5 684 179
	Amortisation	CE	0	0%	0	0%	0
	Cash and cash equivalents	Net	1 632 320	-35,9%	2 548 309	383,0%	527 610
	Gross	CF	1 632 320	-35,9%	2 548 309	383,0%	527 610
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	3 143 347	-43,0%	5 512 254	-11,3%	6 211 789

Prepaid expenses

			31/12/2012		31/12/2011		31/12/2010
	Prepaid expenses	Net	1 444	-75,2%	5 832	0%	0
	Gross	CH	1 444	-75,2%	5 832	0%	0
	Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2012		31/12/2011		31/12/2010
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	0	0%	0	0%	0
Gross		0	0%	0	0%	0

References

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

Display parameter
Currency	Euro	Kilo Euro

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

Grand Total - Passive Accounts (I to IV)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to V)	EE	51 911 929	54,6%	33 567 926	2,4%	32 786 654

Shareholder Equity (I)

			31/12/2012		31/12/2011		31/12/2010
	Total shareholders' equity (Total I)	DL	1 477 721	0,3%	1 472 868	5,5%	1 396 703
	Equity and shareholders' equity	DA	700 000	0%	700 000	0%	700 000
	Issue and merger premiums	DB	450 281	0%	450 281	0%	450 281
	Revaluation differentials	DC	0	0%	0	0%	0
	Of which equity differential	EK	0	0%	0	0%	0
	Legal reserve	DD	36 214	12,2%	32 266	0,5%	32 107
	Statutory or contractual reserve	DE	0	0%	0	0%	0
	Special regulated reserves	DF	0	0%	0	0%	0
	Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
	Other reserves	DG	0	0%	0	0%	0
	Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
	Profits or losses brought forward	DH	216 372	2,4%	211 356	0,1%	211 135
	Profit or loss for the period	DI	74 854	-5,2%	78 965	2383,2%	3 180
	Investment grants	DJ	0	0%	0	0%	0
	Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

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

Provisions for risks and charges (III)

			31/12/2012		31/12/2011		31/12/2010
	Total provisions for risks and charges (Total III)	DR	1 326 646	1,2%	1 311 071	2,2%	1 282 366
	Risk provisions	DP	7 436	0%	0	0%	6 997
	Reserves for charges	DQ	1 319 210	0,6%	1 311 071	2,8%	1 275 369

Liabilities (IV)

			31/12/2012		31/12/2011		31/12/2010
	Total Liabilities (Total IV)	EC	49 107 558	59,5%	30 783 987	2,2%	30 107 584
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	38 530	0%	0	0%	0
	Sundry loans and financial liabilities	DV	0	0%	0	0%	0
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	558 800	127,6%	245 505	-35,8%	382 517
	Tax and social security liabilities	DY	1 009 584	11,6%	904 949	37,6%	657 824
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	47 500 644	60,3%	29 633 533	1,9%	29 067 243

Translation loss (V)

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

Equalization accounts

		31/12/2012		31/12/2011		31/12/2010
Deferred income	EB	0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	30 783 987	2,2%	30 107 584
Of which current bank facilities	EH	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Result account
Sales of Goods | Operating charges | Operating charges | Financial income | Financial charges | Financial charges | Extraordinary charges | Employee profit sharing | Tax on profits | References

1- Operating result (I-II)

		31/12/2012		31/12/2011		31/12/2010
Operating result (Total I-II)	GG	113 671	14,7%	99 077	-17,9%	120 656

2 - Financial result (V - VI)

		31/12/2012		31/12/2011		31/12/2010
Financial result (Total V-VI)	GV	7 259	-81,3%	38 836	196,8%	13 083

3 - Pre-tax net operating income result (I - VI)

		31/12/2012		31/12/2011		31/12/2010
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	120 930	-12,3%	137 913	3,1%	133 739

4 - Extraordinary result (VII-VIII)

		31/12/2012		31/12/2011		31/12/2010
Extraordinary result (Total VII-VIII)	HI	0	0%	0	0%	0

Profit or loss

		31/12/2012		31/12/2011		31/12/2010
Profit or loss	HN	74 854	-5,2%	78 965	2383,2%	3 180

Total Income (I+III+V+VII)

		31/12/2012		31/12/2011		31/12/2010
Total Income (I+III+V+VII)	HL	7 695 685	44,5%	5 327 383	-8,2%	5 801 460

Total charges (Total II+IV+VI+VIII+IX+X)

		31/12/2012		31/12/2011		31/12/2010
Total charges (Total II+IV+VI+VIII+IX+X)	HM	7 620 829	45,2%	5 248 420	-9,5%	5 798 279

Operating income (I)

		31/12/2012		31/12/2011		31/12/2010
Total operating income (Total I)	FR	7 688 426	45,4%	5 288 547	-8,6%	5 787 707

Operating income (details)

			31/12/2012		31/12/2011		31/12/2010
	Sale of goods for resale	FC	2 437 865	223,4%	753 802	266,8%	205 535
	France	FA	2 437 865	223,4%	753 802	266,8%	205 535
	Export	FB	0	0%	0	0%	0
	Sale of goods produced	FF	0	0%	0	0%	0
	France	FD	0	0%	0	0%	0
	Export	FE	0	0%	0	0%	0
	Sale of services	FI	5 224 500	16,0%	4 503 602	-18,4%	5 516 663
	France	FG	0	0%	0	0%	0
	Export	FH	5 224 500	16,0%	4 503 602	-18,4%	5 516 663
	Net turnover	FL	7 662 365	45,7%	5 257 404	-8,1%	5 722 198
	France	FJ	2 437 865	223,4%	753 802	266,8%	205 535
	Export	FK	5 224 500	16,0%	4 503 602	-18,4%	5 516 663
	Stocked production	FM	0	0%	0	0%	0
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	0	0%	0	0%	0
	Release of reserves and provisions	FP	26 054	-16,3%	31 129	-52,4%	65 440
	Other income	FQ	07	-50,0%	14	-79,7%	69

Operating charges (II)

		31/12/2012		31/12/2011		31/12/2010
Total operating charges (Total II)	GF	7 574 755	46,0%	5 189 470	-8,4%	5 667 051

Exploitation charges

		31/12/2012		31/12/2011		31/12/2010
Purchase of goods for resale	FS	2 053 497	222,3%	637 096	285,2%	165 393
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	0	0%	0	0%	0
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	3 984 407	27,2%	3 131 220	-17,4%	3 792 028
Tax, duty and similar payments	FX	38 028	38,0%	27 566	-33,1%	41 233
Payroll	FY	978 493	7,6%	909 703	-1,4%	922 190
Social security costs	FZ	472 734	14,1%	414 435	-4,8%	435 407

Depreciation

		31/12/2012		31/12/2011		31/12/2010
Depreciation of fixed assets	GA	7 438	80,1%	4 131	96,5%	2 102
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0	0%	0
Provisions for risks and charges	GD	40 093	-31,2%	58 297	-79,0%	278 098

Other charges

		31/12/2012		31/12/2011		31/12/2010
Other charges	GE	65	-99,1%	7 022	-77,1%	30 600

Operating charges (III-IV)

		31/12/2012		31/12/2011		31/12/2010
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

			31/12/2012		31/12/2011		31/12/2010
	Total financial income (Total V)	GP	7 259	-81,3%	38 836	182,4%	13 753
	Share financial income	GJ	0	0%	0	0%	0
	Other investment income & capitalised receivables	GK	0	0%	0	0%	0
	Other interest and similar income	GL	441	-96,9%	14 278	2449,6%	560
	Released provisions and transferred charges	GM	0	0%	0	0%	0
	Exchange gains	GN	0	0%	0	0%	0
	Net income from disposal of investment securities	GO	6 818	-72,2%	24 558	86,1%	13 193

Financial Charge (VI)

			31/12/2012		31/12/2011		31/12/2010
	Total financial charge (Total VI)	GU	0	0%	0	0%	670
	Financial reserves and provisions	GQ	0	0%	0	0%	0
	Interest and similar charges	GR	0	0%	0	0%	0
	Exchange losses	GS	0	0%	0	0%	670
	Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

			31/12/2012		31/12/2011		31/12/2010
	Total extraordinary income (Total VII)	HD	0	0%	0	0%	0
	Extraordinary operating income	HA	0	0%	0	0%	0
	Extraordinary income from capital transactions	HB	0	0%	0	0%	0
	Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

			31/12/2012		31/12/2011		31/12/2010
	Total extraordinary charges (Total VIII)	HH	0	0%	0	0%	0
	Extraordinary operating charges	HE	0	0%	0	0%	0
	Extraordinary charges from capital transactions	HF	0	0%	0	0%	0
	Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

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

Tax on profits (X)

		31/12/2012		31/12/2011		31/12/2010
Tax on profits (Total X)	HK	46 074	-21,8%	58 950	-54,8%	130 558

References

		31/12/2012		31/12/2011		31/12/2010
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	1 537	-87,6%	12 373
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomes tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	OG	0	0%	0	0%	0
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	0	0%	0	0%	0
	Gross value at the end of period	OL	0	0%	1 125 640	0%	0

Research and development Charge (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	CZ	0	0%	0	0%	0
	Increasess due to revaluation	KB	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
	Decreasess by budget item transfer	C01	0	0%	0	0%	0
	Decreasess by transfers	C02	0	0%	0	0%	0
	Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	KD	0	0%	1 067 000	0%	0
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
	Decreasess by budget item transfer	LV1	0	0%	0	0%	0
	Decreasess by transfers	LV2	0	0%	0	0%	0
	Gross value at the end of period	LW	0	0%	1 067 000	0%	0

Tangible fixed assets (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LN	0	0%	30 862	0%	0
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	11 499	0%	0
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	0	0%	0	0%	0
	Gross value at the end of period	NH	0	0%	42 361	0%	0

Financial assets (Total IV)

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	LQ	0	0%	16 259	0%	0
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	20	0%	0
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0	0%	0
	Gross value at the end of period	NK	0	0%	16 279	0%	0

Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	PE	0	0%	0	0%	0
Increases		PF	0	0%	0	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	0	0%	0	0%	0

Total fixed assets amotisation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	QU	0	0%	22 450	0%	0
Increases		QV	0	0%	4 130	0%	0
Decreases		QW	0	0%	0	0%	0
	Decreasess by budget item transfer	QX	0	0%	26 580	0%	0

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2012		31/12/2011		31/12/2010
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2012		31/12/2011		31/12/2010
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	7C	0	0%	1 282 366	0%	0
Increases		UB	0	0%	58 297	0%	0
Decreases		UC	0	0%	29 592	0%	0
	Value at the end of period	UD	0	0%	1 311 071	0%	0

Includes Total allocations

Operating	UE	0	0%	58 297	0%	0
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	0	0%	29 592	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

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

Total risk and charge provisions (Total II)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	5Z	0	0%	1 282 366	0%	0
Increases		TV	0	0%	58 297	0%	0
Decreases		TW	0	0%	29 592	0%	0
	Value at the end of period	TX	0	0%	1 311 071	0%	0

Total Provision for depreciation (Total III)

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

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

		31/12/2012		31/12/2011		31/12/2010
Gross value	VT	47 686 037	76,8%	26 972 892	5,8%	25 499 452
1 year at most	VU	47 672 715	76,8%	26 956 613	5,8%	25 483 193
More than one year	VV	13 322	-18,2%	16 279	0,1%	16 259

State of loans

		31/12/2012		31/12/2011		31/12/2010
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	13 322	-18,2%	16 279	0,1%	16 259
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2012		31/12/2011		31/12/2010
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	1 121 854	121,0%	507 600	-43,3%	895 200
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	28 404	374,3%	5 989	41,2%	4 240
Social Security and other social organizations	UZ	0	0%	0	0%	1 185
Income taxes	VM	0	0%	71 650	0%	0
Value added tax	VB	0	0%	3 592	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	46 521 013	76,5%	26 361 950	7,2%	24 582 568

Prepaid

		31/12/2012		31/12/2011		31/12/2010
Prepaid	VS	1 444	-75,2%	5 832	0%	0

State Debt

			31/12/2012		31/12/2011		31/12/2010
	Total debt (gross)	VY	49 107 561	59,5%	30 783 987	2,2%	30 107 584
1 year at most		VZ2	49 107 561	59,5%	30 783 987	2,2%	30 107 584
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2012		31/12/2011		31/12/2010
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	38 531	0%	0	0%	0
1 year at most		VG2	38 531	0%	0	0%	0
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	558 800	127,6%	245 505	-35,8%	382 517
1 year at most		8B2	558 800	127,6%	245 505	-35,8%	382 517
More than 1 year and 5 years at most		8B3	558 800	127,6%	245 505	-35,8%	382 517
	Personnel and associated accounts (gross)	8C1	167 821	-0,9%	169 408	1,8%	166 351
1 year at most		8C2	167 821	-0,9%	169 408	1,8%	166 351
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	841 764	587,2%	122 492	-71,2%	425 577
1 year at most		8D2	841 764	587,2%	122 492	-71,2%	425 577
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	65 896
1 year at most		8E2	0	0%	0	0%	65 896
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	589 891	0%	0
1 year at most		VW2	0	0%	589 891	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	0	0%	23 159	0%	0
1 year at most		VQ2	0	0%	23 159	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	544 140	19333,6%	2 800	0%	0
1 year at most		VI2	544 140	19333,6%	2 800	0%	0
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	46 956 505	58,5%	29 630 733	1,9%	29 067 243
1 year at most		8K2	46 956 505	58,5%	29 630 733	1,9%	29 067 243
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Loans made during the period	VJ	0	0%	137 275	0%	0
Debt repaid during the period	VK	0	0%	137 275	0%	0

Table allocation results and other information
Dividends distributed

		31/12/2012		31/12/2011		31/12/2010
Dividends	ZE	0	0%	2 800	0%	0

Commitments

		31/12/2012		31/12/2011		31/12/2010
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2012		31/12/2011		31/12/2010
Subcontracting	YT	0	0%	585 539	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	153 085	0%	0
Staff outside the company	YU	0	0%	302 119	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	1 721 292	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	369 184	0%	0
Total Other purchases and external	ZJ	0	0%	3 131 219	0%	0

Taxes and Fees

		31/12/2012		31/12/2011		31/12/2010
Business tax	YW	0	0%	10 198	0%	0
Other taxes and payments assimilated	9Z	0	0%	17 368	0%	0
Total taxes and fees	YX	0	0%	27 566	0%	0

VAT

		31/12/2012		31/12/2011		31/12/2010
Amount VAT collected	YY	0	0%	23 017 938	0%	0
Total VAT on goods and services	YZ	0	0%	16 200 508	0%	0

Average number of employees

		31/12/2012		31/12/2011		31/12/2010
Average number of employees	YP	0	0%	19	0%	0

Groups and Shareholders

		31/12/2012		31/12/2011		31/12/2010
Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

Ratios
Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Fixed Asset Financing		2,55	2,0%	2,50	3,3%	2,42	3,72	-31,5%
Global Debt		2307 days	9,4%	2108 days	11,3%	1894 days	103 days	2139,8%
Working Capital Fund overall net		82 days	-28,7%	115 days	15,0%	100 days	86 days	-4,7%
Financial independence		3835,25%	-	%	-	%	1599,63%	139,8%
More ratios
Solvability		2,85%	-35,1%	4,39%	3,1%	4,26%	46,46%	-93,9%
Capacity debt futures		3835,15%	-	%	-	%	4968,53%	-22,8%
Coverage of current assets by net working capital overall		3,34%	-29,8%	4,76%	12,0%	4,25%	50,69%	-93,4%
General Liquidity		0,97	10,2%	0,88	3,5%	0,85	0,96	1,0%
Restricted Liquidity		1,03	-1,9%	1,05	0%	1,05	1,60	-35,6%

Management or rotation

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Need background in operating working capital		-66 days	74,8%	-262 days	10,0%	-291 days	27,50 days	-340,0%
Treasury		148 days	-60,7%	377 days	-3,6%	391 days	20,50 days	622,0%
Inventory turnover of goods		0 days	0%	0 days	0%	0 days	6 days	0%
Average length of credit granted to customers		53 days	783,3%	6 days	-89,3%	56 days	55,50 days	-4,5%
Average length of credit obtained suppliers		33 days	725,0%	4 days	-88,6%	35 days	46,50 days	-29,0%
More ratios
Inventory turnover of raw materials in industrial enterprises		days	-	days	-	days	0 days	-
Inventory turnover of intermediate and finished products in the industrial enterprise		days	-	days	-	days	1242 days	-
Rotation tangible assets		%	-	12410,95%	-	%	2697,19%	-

Profitability of the business

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Margin trading		5,02%	126,1%	2,22%	217,1%	0,70	0%	0%
Profitability of the business		1,76	-32,6%	2,61	-59,2%	6,40	6,42%	-72,6%
Net profit		0,98%	-34,7%	1,50%	2400%	0,06%	5,39%	-81,8%

Growth rate of turnover (excluding VAT)		45,74%	663,3%	-8,12%	-273,9%	4,67%	-0,40%	11535,0%
Rates integration		21,20%	-25,1%	28,32%	-8,2%	30,84%	44,09%	-51,9%
Rate leasing furniture		0%	0%	0%	0%	0%	0%	0%
Work Factor		89,34%	0,5%	88,92%	15,6%	76,93%	63,99%	39,6%
Weight interests		0	0%	0%	0%	0,01%	0,10%	0%

Return on capital

		31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Cash flow from the overall profitability		1,07%	4,9%	1,02%	1033,3%	0,09%	6,24%	-82,9%
Rates of economic profitability		9%	0%	9%	-65,4%	26%	14%	-35,7%
Financial profitability		1477721%	0,3%	1472868%	5,5%	1396703%	107235,50%	1278,0%
Return on investment		4,94%	-7,8%	5,36%	1814,3%	0,28%	12,35%	-60,0%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Turnover	7 662 365	45,7%	5 257 404	-8,1%	5 722 198	494 514 €	1449,5%

Sales of goods	2 437 865	223,4%	753 802	266,8%	205 535
- Purchase of goods	2 053 497	222,3%	637 096	285,2%	165 393
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	384 368 €	229,3%	116 706 €	190,7%	40 142 €	0 €	0%
	5,02 % CA	126,1%	2,22 % CA	217,1%	0,70 % CA	0 % CA	0%

Sale of goods produced	5 224 500	16,0%	4 503 602	-18,4%	5 516 663
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	5 224 500 €	16,0%	4 503 602 €	-18,4%	5 516 663 €	194 256,50 €	2589,5%
	68,18 % CA	-20,4%	85,66 % CA	-11,2%	96,41 % CA	100 % CA	-31,8%

Trading margin	384 368	229,3%	116 706	190,7%	40 142	0	0%
+ Period Production	5 224 500	16,0%	4 503 602	-18,4%	5 516 663	194 256,50	2589,5%
- Purchase of raw materials	0	0%	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	3 984 407	27,2%	3 131 220	-17,4%	3 792 028
Added value	1 624 461 €	9,1%	1 489 088 €	-15,6%	1 764 777 €	173 733,50 €	835,0%
	21,20 % CA	-25,1%	28,32 % CA	-8,2%	30,84 % CA	44,09 % CA	-51,9%

Added value	1 624 461 €	9,1%	1 489 088 €	-15,6%	1 764 777 €	173 733,50 €	835,0%
+ Operating grants	0	0%	0	0%	0
- Tax, duty and similar payments	38 028	38,0%	27 566	-33,1%	41 233
- Personal charges	1 451 227	9,6%	1 324 138	-2,5%	1 357 597
Gross operating surplus	135 206 €	-1,6%	137 384 €	-62,5%	365 947 €	33 250,50 €	306,6%
	1,76 % CA	-32,6%	2,61 % CA	-59,2%	6,40 % CA	6,42 % CA	-72,6%

Gross operating surplus	135 206 €	-1,6%	137 384 €	-62,5%	365 947 €	33 250,50 €	306,6%
+ Release of reserves and provisions	26 054	-16,3%	31 129	-52,4%	65 440
+ Other operating income	07	-50,0%	14	-79,7%	69
- Depreciation/Amortisation	47 531	-23,9%	62 428	-77,7%	280 200
- Other charges	65	-99,1%	7 022	-77,1%	30 600
Operating result	113 671 €	14,7%	99 077 €	-17,9%	120 656 €	29 812,50 €	281,3%
	1,48 % CA	-21,3%	1,88 % CA	-10,9%	2,11 % CA	6,32 % CA	-76,6%

Operating result	113 671 €	14,7%	99 077 €	-17,9%	120 656 €	29 812,50 €	281,3%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	7 259	-81,3%	38 836	182,4%	13 753
- Financial charges	0	0%	0	0%	670
Pre-tax result	120 930 €	-12,3%	137 913 €	3,1%	133 739 €	30 987,50 €	290,3%
	1,58 % CA	-39,7%	2,62 % CA	12,0%	2,34 % CA	6,37 % CA	-75,2%

Extraordinary income	0	0%	0	0%	0	0	0%
- Extraordinary charges	0	0%	0	0%	0
Extraordinary result	0 €	0%	0 €	0%	0 €	0 €	0%
	0,00 % CA	0%	0,00 % CA	0%	0 % CA	0 % CA	0%

Pre-tax result	120 930 €	-12,3%	137 913 €	3,1%	133 739 €	30 987,50 €	290,3%
Extraordinary result	0 €	0%	0 €	0%	0 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	46 074	-21,8%	58 950	-54,8%	130 558
Net result	74 856 €	-5,2%	78 963 €	2382,3%	3 181 €	23 751,50 €	215,2%
	0,98 % CA	-34,7%	1,50 % CA	2400%	0,06 % CA	5,40 % CA	-81,9%

ADDITIONAL INFORMATION

Other establishments

Branches	6 branch entities in this company
Head office	> DILLINGER INTERNATIONAL <<<  - Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B)  in COURBEVOIE  (92400)
Secondary establishments	>  DILLINGER INTERNATIONAL  - Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B)  in VERTOU  (44120) >  DILLINGER INTERNATIONAL  - Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B)  in INDRE  (44610) >  DILLINGER INTERNATIONAL  - Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B)  in LYON 7EME  (69007) >  DILLINGER INTERNATIONAL  - Autres intermédiaires du commerce en combustibles, métaux, minéraux et produits chimiques (4612B)  in STRASBOURG  (67200) > ...

Regionality	Legal unit with multiple establishments in many areas but no one grouping more than 50% of workforce
Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address

6 to 9 employees

Company workforce

10 to 19 employees

Linkages

Company Name	SIREN	Parts	Last account published
DHS - DILLINGER HÜTTE SAARSTAHL AG	HRB 24874	-	31/12/2011
SANTRANS SPEDITIONSGESELLSCHAFT MBH	-	40%	-
AKTIEN GESELLSCHAFT DER DILLINGER HÜ...	HRB 23001	95.28%	31/12/2011
ANCOFERWALDRAM STEELPLATES B.V.	20031659	100%	31/12/2011
JEBENS GMBH, KORNTAL MUNCHINGEN	-	100%	-
SANTRANS SPEDITIONSGESELLSCHAFT MBH	-	60%	-
FISCHER H.C. EISEN, GESELLSCHAFT M...	HRB 925	100%	-
GTS INDUSTRIES	331620096	100%	31/12/2012
EURODECOUPE	380608307	100%	31/12/2012
ANCOFED	438301210	100%	31/12/2012
ROGESA ROHEISENGESELLSCHAFT SAAR M...	HRB 24162	50%	31/12/2011
EUROPIPE GMBH	HRB 17840	50%	31/12/2011
SAARLUX STAHL GMBH & CO. KG	HRA 13639	53%	31/12/2012
ANCOFER STAHLHANDEL GMBH	HRB 14512	90%	31/12/2011
TRANS-SAAR B.V.	24167117	100%	31/12/2012
DILLINGER INTERNATIONAL	428868343	100%	31/12/2012
CARGO-RAIL GMBH	-	100%	-
DILLINGER HÜTTE VERTRIEB GMBH	HRB 19177	100%	31/12/2006
DHC-CONSULT GMBH	HRB 25221	100%	31/12/2011
DILLINGER HÜTTE GTS NEDERLAND B.V	-	100%	-
DILLINGER HÜTTE NORGE AS	-	100%	-
DILLINGER MIDDLE EAST FZE	-	100%	-
DILLINGER HÜTTE SERVICES B.V.	24420436	100%	31/12/2012
DILLINGER	US40529320	100%	-
DILLINGER SVERIGE AB	5567658439	100%	31/12/2012
DILLINGER HÜTTE ITALY S.R.L.	-	100%	-
DILLINGER HÜTTE SPAIN S.L.U	-	100%	-
DILLINGER HUTTE UK LIMITED	06560022	100%	31/12/2012
MSG MINERALSTOFFGESELLSCHAFT SAAR ...	HRB 17148	100%	31/12/2011
DILLINGER PROJEKT GMBH	-	50%	-
SHS SERVICES GMBH	HRB 14092	50%	31/12/2012
DILLINGER HÜTTE UND SAARSTAHL VERM...	HRA 9297	50%	31/12/2011
SRT SAAR-RHEIN-TRANSPORTGESELLSCHA...	HRB 4932	100%	31/12/2006

Linkages

Company Name	SIREN	Last account	Turnover
SALZGITTER MANNESMANN PRECISION ETIRAG	426420162	31/12/2011	194 610 000 €
SECOSAR	552126849	31/12/2012	2 622 838 €
MÜLHEIM PIPECOATINGS GMBH	HRB 15450	31/12/2012	13 632 335 €
ROGESA BETEILIGUNGSGESELLSCHAFT MBH	HRB 11122	31/12/2011	-
COKES DE CARLING	452611635	31/12/2011	5 792 013 €
SODETAL	347965220	31/12/2012	29 918 167 €
JEBENS GMBH	HRB 200637	31/12/2006	77 550 009 €
CONFLANDEY INDUSTRIES	488559634	31/12/2012	61 456 367 €
SECOSAR ETIRAGE	954500559	31/12/2012	16 260 907 €
SAAR-BANDSTAHL GMBH	HRB 74647	31/12/2012	27 367 000 €
EUROPIPE FRANCE	380877340	31/12/2009	35 833 653 €
BHSW BURBACHER STAHL- U. WAGGONBAU GMBH	HRB 10173	31/12/2009	23 542 375 €
METALLURGISCHE GESELLSCHAFT SAAR GESELLS...	HRB 74970	31/12/2012	112 580 000 €
ZENTRALKOKEREI SAAR GESELLSCHAFT MIT BES...	HRB 24212	31/12/2011	365 354 000 €
SATRANS SPEDITIONSGESELLSCHAFT MBH	HRB 23841	31/12/2006	-
DILLINGER NEDERLAND B.V.	33112173	31/12/2012	-
KALKSTEINGRUBE AUERSMACHER GMBH	HRB 75220	31/12/2011	5 910 278 €
EUROPIPE PROJEKT GMBH	HRB 17848	31/12/2012	-
CARGO-RAIL GESELLSCHAFT MIT BESCHRÄNKTER...	HRB 26217	31/12/2011	-
DH-SOLLAC BETEILIGUNG GMBH	HRB 23393	31/12/2011	-
TRANS OVERSEAS B.V.	24255461	31/12/2012	-
EUPEC PIPELINESERVICES INTERNATIONAL GMB...	HRB 16166	31/12/2009	-
SAARLUX STAHL GMBH	HRB 9320	31/12/2009	-
SALZGITTER MANNESMANN GMBH	HRB 200012	-	-
SALZGITTER MANNESMANN PRECISION GMBH	HRB 20198	-	-
SALZGITTER MANNESMANN PRÄZISROHR GMBH	HRB 5965	-	-
SALZGITTER MANNESMANN ROHR SACHSEN GMBH	HRB 25504	-	-
MANNESMANNRÖHREN-WERKE GMBH	HRB 17993	-	-
GAL ZENTRALKOKEREI SAAR BESITZGESELLSCHA...	HRA 21673	31/12/2012	-
STEELWIND NORDENHAM GMBH	HRB 207413	-	-
BERG STEEL PIPE CORP	US30537029	-	0 $
AG DER DILLINGER HUETTENWERKE	-	-	-
BERG EUROPIE CORPORATION	-	-	-
BERG SPIRAL CORPORATION	-	-	-
MONTAN STIFTUNG SAAR	-	-	-
MULHEIM PIPE-COATINGS GMBH	-	-	-
SAARSTAHL AG	-	-	-
SALZGITTER MANNESMANN PRECISION SA DE CV	-	-	-
STRUKTUR HOLDING STAHL	-	-	-
TUBOS SOLDADOS ATLANTICO LTDA	-	-	-
ZENTRALKOKEREI SAAR GMBH	-	-	-
ZENTRALKOKEREI SAAR GMBH	-	-	-

Event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
27/07/2013	Bodacc C	Comptes annuels et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 13002 - 428868343 RCS. DILLINGER INTERNATIONAL. Forme : Société anonyme. Adresse : 39/41 rue Louis Blanc 92400 Courbevoie. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
28/05/2013	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 3408 - 428 868 343 RCS Nanterre. DILLINGER INTERNATIONAL. Forme : Société anonyme. Activité : . Commentaires : Modification de la dénomination.
21/02/2013	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1646 - 428 868 343 RCS Nanterre. DILLINGER - GTS VENTES. Forme : Société anonyme. Administration : Administrateur : METZKEN Fred Uwe en fonction le 31 Décembre 2010 Commissaire aux comptes titulaire : DELOITTE & ASSOCIES en fonction le 31 Décembre 2010 Commissaire aux comptes suppléant : BEAS en fonction le 31 Décembre 2010 Administrateur : BLESSING Karlheinz en fonction le 22 Mars 2012 Administrateur : LUXENBURGER Gunter en fonction le 24 Juillet 2012 Président Directeur général Administrateur : ROHR Bernard en fonction le 13 Février 2013. Activité : . Commentaires : Modification de représentant.
21/12/2012	JAL	Appointment of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 19/10/2012 Société faisant l'objet d'une nomination : 428868343 - DILLINGER - GTS VENTES, 39 RUE LOUIS BLANC, 39 A 41, 92400 COURBEVOIE Nominé : Monsieur Bernard ROHR, 67220 BREITENAU En la fonction de : Président Directeur Général
21/12/2012	JAL	Resignation / Revocation of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 19/10/2012 La société 428868343 - DILLINGER - GTS VENTES, 39 RUE LOUIS BLANC, 39 A 41, 92400 COURBEVOIE Fait l'objet du départ de Monsieur Jean-Claude HAMY
14/08/2012	Bodacc C	Comptes annuels et rapports
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 9689 - 428868343 RCS. DILLINGER - GTS VENTES. Forme : Société anonyme. Adresse : 39/41 rue Louis Blanc 92400 Courbevoie. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
01/08/2012	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 3085 - 428 868 343 RCS Nanterre. DILLINGER - GTS VENTES. Forme : Société anonyme. Administration : Administrateur : METZKEN Fred Uwe en fonction le 31 Décembre 2010 Président du conseil d'administration et directeur général : HAMY Jean-Claude Maurice Henri en fonction le 31 Décembre 2010 Commissaire aux comptes titulaire : DELOITTE & ASSOCIES en fonction le 31 Décembre 2010 Commissaire aux comptes suppléant : BEAS en fonction le 31 Décembre 2010 Administrateur : BLESSING Karlheinz en fonction le 22 Mars 2012 Administrateur : LUXENBURGER Gunter en fonction le 24 Juillet 2012. Activité : . Commentaires : Modification de représentant.
13/07/2012	JAL	Appointment of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 08/06/2012 Société faisant l'objet d'une nomination : 428868343 - DILLINGER - GTS VENTES, 39 RUE LOUIS BLANC, 39 A 41, 92400 COURBEVOIE Nominé : Monsieur Günter LUXENBURGER, D-66740 SAARLOUIS En la fonction de : Administrateur
13/07/2012	JAL	Resignation / Revocation of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 08/06/2012 La société 428868343 - DILLINGER - GTS VENTES, 39 RUE LOUIS BLANC, 39 A 41, 92400 COURBEVOIE Fait l'objet du départ de Monsieur Aart-Paulus FOCKENS, 25T Rue d'Alsace, 78100, ST GERMAIN EN LAYE, De Madame Anita DEWISPELAERE, Kerkstraat 127, B-1951, HUMBEEK
31/03/2012	Bodacc B	Modification et mutation diverse
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 1541 - 428 868 343 RCS Nanterre. DILLINGER - GTS VENTES. Forme : Société anonyme. Administration : Administrateur : FOCKENS Aart Paulus en fonction le 31 Décembre 2010 Administrateur : METZKEN Fred Uwe en fonction le 31 Décembre 2010 Président du conseil d'administration et directeur général : HAMY Jean-Claude Maurice Henri en fonction le 31 Décembre 2010 Commissaire aux comptes titulaire : DELOITTE & ASSOCIES en fonction le 31 Décembre 2010 Commissaire aux comptes suppléant : BEAS en fonction le 31 Décembre 2010 Administrateur : DEWISPELAERE-DAUWE Anita en fonction le 31 Décembre 2010 Administrateur : BLESSING Karlheinz en fonction le 22 Mars 2012. Activité : . Commentaires : Modification de représentant.
09/03/2012	JAL	Appointment of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 15/04/2011 Société faisant l'objet d'une nomination : 428868343 - DILLINGER - GTS VENTES, 39 RUE LOUIS BLANC, 39 A 41, 92400 COURBEVOIE Nominé : Monsieur KARLHEINZ BLESSING, D-66117 PROBSTEIGASSE 12 En la fonction de : Administrateur
09/03/2012	JAL	Resignation / Revocation of the social representative
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 15/04/2011 La société 428868343 - DILLINGER - GTS VENTES, 39 RUE LOUIS BLANC, 39 A 41, 92400 COURBEVOIE Fait l'objet du départ de Monsieur PAUL BELCHE, WERDERSTRASSE 101, D-66763, DILLINGEN/SAAR
09/01/2011	Bodacc A	Immatriculation
92 - HAUTS-DE-SEINE GREFFE DU TRIBUNAL DE COMMERCE DE NANTERRE 674 - 428 868 343 RCS Nanterre. DILLINGER - GTS VENTES. Forme : Société anonyme. Administration : Administrateur : FOCKENS Aart Paulus Administrateur : METZKEN Fred Uwe Président du conseil d'administration et directeur général : HAMY Jean-Claude Maurice Henri Commissaire aux comptes titulaire : DELOITTE & ASSOCIES Commissaire aux comptes suppléant : BEAS Administrateur : DEWISPELAERE-DAUWE Anita Administrateur : BELCHE Paul. Capital : 700000 EUR. Adresse : 39/41 rue Louis Blanc, 92400 Courbevoie. Date de commencement de l’activité : 01/01/0001. Descriptif : Immatriculation d'une personne morale suite au transfert du si¿ge hors ressort. Modification du nom, nom d'usage, pr¿nom ou de la d¿nomination. Commentaires : Immatriculation d'une personne morale suite à transfert de son siège social.
15/12/2010	JAL	Head Office Transfer
Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France Date de décision : 17/11/2010 Transfert du siège social de la société 428868343 -  DILLING-GTS VENTES Adresse du nouveau siège : 39-41 Rue Louis-Blanc, 92400 COURBEVOIE Ancienne localisation : 1 RUE LUIGI CHERUBINI, 1 A 5, SAINT DENIS, 93210 SAINT DENIS Date d'effet : 06/12/2010
25/08/2010	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 8962 - 428868343 RCS. DILLING - GTS VENTES. Forme : Société anonyme. Adresse : 1 à 5 rue Luigi Cherubini Saint-Denis 93200 Saint-Denis. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
17/02/2010	Bodacc B	Modification et mutation diverse
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 1503 - 428 868 343 RCS Bobigny. DILLING - GTS VENTES. Forme : Société anonyme. Administration : Administrateur : FOCKENS Aart Paulus Administrateur : METZKEN Fred Uwe Président du conseil d'administration et directeur général : HAMY Jean-Claude Maurice Henri modification le 01 Février 2010 Commissaire aux comptes titulaire : DELOITTE & ASSOCIES Commissaire aux comptes suppléant : BEAS Administrateur : DEWISPELAERE-DAUWE Anita Administrateur : BELCHE Paul. Commentaires : Modification de représentant.
12/02/2010	Bodacc B	Modification et mutation diverse
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 2797 - 428 868 343 RCS Bobigny. DILLING - GTS VENTES. Forme : Société anonyme. Administration : Administrateur : FOCKENS Aart Paulus Administrateur : METZKEN Fred Uwe Administrateur : HELLER Klaus Président du conseil d'administration et directeur général : HAMY Jean-Claude Maurice Henri modification le 01 Février 2010 Commissaire aux comptes titulaire : DELOITTE & ASSOCIES Commissaire aux comptes suppléant : BEAS Administrateur : DEWISPELAERE-DAUWE Anita Administrateur : BELCHE Paul. Commentaires : Modification de représentant.
24/08/2009	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 9012 - 428868343 RCS. DILLING - GTS VENTES. Forme : Société anonyme. Adresse : 1 à 5 rue Luigi Cherubini Saint-Denis 93200 Saint-Denis. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
16/10/2008	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 8591 - 428868343 RCS. DILLING - GTS VENTES. Forme : Société anonyme. Adresse : 1 à 5 rue Luigi Cherubini 93200 Saint-Denis. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
07/03/2008	Bodacc C	Comptes annuels et rapports
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 11346 - 428868343 RCS. DILLING - GTS VENTES. Forme : Société anonyme. Adresse : 1 à 5 rue Luigi Cherubini 93200 Saint-Denis. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.
17/02/2007	Bodacc C	Avis de dépôt des comptes
7342 - RCS Bobigny B 428 868 343. RC 06-B 3155. DILLING GTS VENTES. Forme: S.A. Adresse du siège social: 1, A 5 rue Luigi Cherubini,Saint Denis, 93200 Saint-Denis. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
18/06/2006	Bodacc B	Modifications et mutations diverses
2731 - RCS B 428 868 343. RC 06-B 3155. DILLING-GTS VENTES. Forme : S.A. Capital : 700 000 euros. Adresse du siège social : 1-5 rue Luigi-Cherubini, 93200 Saint-Denis. Administration : administrateurs : FOCKENS (Aart, Paulus) METZKEN (Fred, Uwe) HELLER (Klaus). Président du conseil d'administration : HAMY (Jean-Claude, Maurice, Henri). Commissaire aux comptes titulaire : DELOITTE & ASSOCIES. Commissaire aux comptes suppléant : BEAS. Administrateurs : DEWISPELAERE-DAUWE (Anita) BELCHE (Paul). Etablissement principal - Activité : toutes opérations de commerce, de transformation, parachèvenement et conditionnement de transit, consignation ou affrètement afférentes aux produits aux sous-produits sidérurgiques et métalurgiques de tous états de leur fabrication ainsi que de matières premières nécessaires aux fabrications . Adresse : 1-5 rue Luigi-Cherubini, 93200 Saint-Denis. Commentaires : cette société transfère son siège de l'immeuble La Pacific, 11-13 cours Valmy, La Défense 7, 92800 Puteaux. Modification survenue sur l'adresse du siège social. Date d'effet : 21 avril 2006.
17/03/2006	Bodacc B	Modifications et mutations diverses
2241 - RCS Nanterre B 428 868 343. RC 00-B 79. DILLING-GTS VENTES. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : GASTINEAU (Patrick).
17/03/2006	Bodacc B	Modifications et mutations diverses
2242 - RCS Nanterre B 428 868 343. RC 00-B 79. DILLING-GTS VENTES. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : nomination d'un administrateur : BELCHE (Paul).
16/09/2005	Bodacc C	Avis de dépôt des comptes
3768 - RCS Nanterre B 428 868 343. RC 00-B 79. DILLING GTS VENTES. Forme: S.A. Adresse du siège social: immeuble la Pacific la Défense 7,11-13, cours Valmy, 92800 Puteaux. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
02/08/2005	Bodacc B	Modifications et mutations diverses
2827 - RCS Nanterre B 428 868 343. RC 00-B 79. DILLING GTS VENTES. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : DHAM (Jacques).
20/07/2005	Bodacc B	Modifications et mutations diverses
1747 - RCS Nanterre B 428 868 343. RC 00-B 79. DILLING GTS VENTES. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : nomination d'un administrateur : GASTINEAU (Patrick).
14/07/2005	Bodacc B	Modifications et mutations diverses
2005 - RCS Nanterre B 428 868 343. RC 00-B 79. DILLING GTS VENTES. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateurs partants : COHEN (Denis, Nessim) VAN COPPENOLLE (Patrick). Nomination d'administrateurs : DHAM (Jacques) DEWISPELAERE-DAUWE (Anita).
24/06/2005	Bodacc B	Modifications et mutations diverses
2945 - RCS Nanterre B 428 868 343. RC 00-B 79. DILLING GTS VENTES. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : commissaire aux comptes titulaire partant : BARBIER FRINAULT & COMPAGNIE. Commissaire aux comptes suppléant partant : GOUVERNEYRE (Alain). Nomination d'un commissaire aux comptes titulaire : DELOITTE & ASSOCIES. Nomination d'un commissaire aux comptes suppléant : BEAS.
04/09/2002	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 428868343 RC 00-B 79 DILLING G.T.S. VENTES. Forme : S.A. Commentaires : modification survenue sur la dénomination.
09/05/2001	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 428868343 RC 00-B 79 DILLING G.T.S. VENTES FRANCE. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : président du conseil d'administration partant : LAURENT (Marc, Maxime, Pierre) . Nomination du président du conseil d' administration : HAMY (Jean-Claude, Maurice, Henri).
21/09/2000	Bodacc B	Modifications et mutations diverses
RCS Nanterre B 428868343 RC 00-B 79 DILLING G.T.S. VENTES FRANCE. Forme : S.A. Capital : 700 000 euros. Activité : toutes opérations de commerce, de transformation, parachèvenement et conditionnement de transit consignation ou affrètement afférentes aux produits et sous-produits sidérurgiques et métallurgiques de tous états de leur fabrication ainsi que de matières premières nécessaires aux fabrications. Adresse du siège social : immeuble La Pacific, La Défense 7, 11- 13 cours Valmy, 92800 Puteaux. Commentaires : modification survenue sur la dénomination, le capital ( augmentation), l'activité et l' administration. La S.A. SOLLAC,. RCS Nanterre 572 219 673, fait apport à la STE P.S.V.F.,. RCS Nanterre 428 868 343, de l'ensemble de la branche d'activité complète et autonome de commercialisation en France de plaques produites par la STE DES FORGES ET ACIERIES DE DILLING et par sa filiale, la S.A. G.T.S. INDUSTRIES. L'ensemble est évalué à 900 000 euros. Avec effet rétroactif au 1er janvier 2000. Administration : président du conseil d' administration partant : VERCAEMER ( Guillaume). Nomination du président du conseil d'administration : LAURENT ( Marc, Maxime, Pierre). Administrateurs partants : DURAND (Chantal) FRANCK- COUQUE (Marie-Anne) JARRY (Martine). Nomination d'administrateurs : COHEN ( Denis, Nessim) FOCKENS (Aart, Paulus) MAULVAULT (Michel, Albert) METZKEN ( Fred, Uwe) HELLER (Klaus) VAN COPPENOLLE (Patrick). Date d'effet : 6 juin 2000.
27/01/2000	Bodacc A	Création d'établissement
RCS Nanterre B 428868343 RC 00-B 79 PRODUITS SIDERURGIQUES VENTES FRANCE - P.S.V.F. Forme : S.A. Capital : 38 200 euros. Activité : participation à toutes entreprises, sociétés, groupements, sociétés en participation ou associations, créées ou à créer, pouvant se rattacher à tous produits métallurgiques ou sous-produits de l' industrie métallurgique ou minière, et ce par tous moyens. Adresse du siège social : immeuble La Pacific, la Défense 7, 11-13, cours Valmy 92800 Puteaux. Administration : président du conseil d' administration : VERCAEMER (Guillaume) Administrateurs : DURAND (Chantal) FRANCK-COUQUE (Marie-Anne) JARRY ( Martine). Commissaire aux comptes titulaire : BARBIER FRINAULT ET COMPAGNIE. Commissaire aux comptes suppléant : GOUVERNEYRE (Alain) Cette société se constitue Date de début d' activité: 21 décembre 1999.

Company events history

Date	Description
02/11/2013	Update Limit
02/11/2013	Update Rating
16/10/2013	Update Rating
16/10/2013	Update Limit
27/07/2013	Bodacc C : Deposit accounts notice
18/07/2013	Update Rating
18/07/2013	Update Limit
18/07/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
28/05/2013	Bodacc B: Various editing or changing
17/05/2013	Minutes of general meeting of shareholders
17/05/2013	New company name
17/05/2013	Updated articles of association
05/04/2013	Modification to Company Identifier
05/04/2013	Update of Company Name
21/02/2013	Bodacc B: Various editing or changing
13/02/2013	New chairman (CEO, CoB)
13/02/2013	Changes to the Board of Directors
13/02/2013	Amendment
31/12/2012	New accounts available
21/12/2012	Legal Gazette: Resignation / Revocation of the social representative
19/10/2012	Legal Gazette: Appointment of the social representative
17/10/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
14/08/2012	Bodacc C : Deposit accounts notice
01/08/2012	Bodacc B: Various editing or changing
24/07/2012	Changes to the Board of Directors
24/07/2012	Updated articles of association
24/07/2012	Minutes of general meeting of shareholders
13/07/2012	Legal Gazette: Resignation / Revocation of the social representative
08/06/2012	Legal Gazette: Appointment of the social representative
31/03/2012	Bodacc B: Various editing or changing
22/03/2012	Minutes of general meeting of shareholders
22/03/2012	Changes to the Board of Directors
22/03/2012	Updated articles of association
22/03/2012	Amendment
09/03/2012	Legal Gazette: Resignation / Revocation of the social representative
31/12/2011	New accounts available
24/08/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
26/07/2011	Bodacc C : Deposit accounts notice
15/04/2011	Legal Gazette: Appointment of the social representative
09/01/2011	Bodacc A : Registration
31/12/2010	New accounts available
31/12/2010	Updated articles of association
31/12/2010	Minutes of general meeting of shareholders
31/12/2010	New company name
31/12/2010	Registered office transferred outside jurisdiction of the Commercial Court
31/12/2010	Registration after transfer
15/12/2010	Legal Gazette: Head Office Transfer
06/12/2010	Transfer of Establishment
06/12/2010	Update of Company Head Office Identifier
06/12/2010	Update of Company Name
25/08/2010	Bodacc C : Deposit accounts notice
17/02/2010	Bodacc B: Various editing or changing
12/02/2010	Bodacc B: Various editing or changing
04/02/2010	Changes to the Board of Directors
04/02/2010	Modification du Conseil d'Administration
04/02/2010	Minutes of general meeting of shareholders
04/02/2010	PV d'Assemblée
04/02/2010	Minutes of Board meeting
04/02/2010	Acte modificatif
04/02/2010	Amendment
01/02/2010	Minutes of general meeting of shareholders
01/02/2010	PV d'Assemblée
01/02/2010	Amendment
01/02/2010	Acte modificatif
01/02/2010	Minutes of Board meeting
31/12/2009	New accounts available
24/08/2009	Bodacc C : Deposit accounts notice
31/12/2008	New accounts available
16/10/2008	Bodacc C : Deposit accounts notice
07/03/2008	Bodacc C : Deposit accounts notice
31/12/2007	New accounts available
31/12/2006	New accounts available
29/05/2006	Registration after transfer
29/05/2006	Transfert du Siège hors du ressort du Tribunal de Commerce
29/05/2006	Immatriculation suite à transfert
29/05/2006	Acte modificatif
29/05/2006	Updated articles of association
29/05/2006	Statuts mis à jour
29/05/2006	PV du Conseil d'Administration
29/05/2006	Minutes of Board meeting
29/05/2006	Nomination/démission des organes de gestion
29/05/2006	Appointment/resignation of company officers
29/05/2006	Private document
29/05/2006	Modification du Conseil d'Administration
29/05/2006	Acte sous seing privé
06/02/2006	Nomination/démission des organes de gestion
06/02/2006	Appointment/resignation of company officers
06/02/2006	Minutes of Board meeting
06/02/2006	Acte modificatif
06/02/2006	Changes to the Board of Directors
06/02/2006	Acte sous seing privé
06/02/2006	PV du Conseil d'Administration
06/02/2006	Modification du Conseil d'Administration
06/02/2006	Private document
31/12/2005	New accounts available
01/07/2005	Acte modificatif
01/07/2005	Modification du Conseil d'Administration
01/07/2005	Nomination/démission des organes de gestion
01/07/2005	Private document
01/07/2005	PV du Conseil d'Administration
01/07/2005	Changes to the Board of Directors
01/07/2005	Acte sous seing privé
01/07/2005	Appointment/resignation of company officers
01/07/2005	Minutes of Board meeting
28/06/2005	Nomination/démission des organes de gestion
28/06/2005	Appointment/resignation of company officers
28/06/2005	Private document
28/06/2005	Acte sous seing privé
28/06/2005	Changes to the Board of Directors
28/06/2005	Modification du Conseil d'Administration
28/06/2005	Acte modificatif
28/06/2005	PV du Conseil d'Administration
28/06/2005	Minutes of Board meeting
07/06/2005	Acte sous seing privé
07/06/2005	Appointment/resignation of company officers
07/06/2005	Private document
07/06/2005	Changement de Commissaire aux Comptes
07/06/2005	New auditor
07/06/2005	PV d'Assemblée
07/06/2005	Minutes of general meeting of shareholders
07/06/2005	Nomination/démission des organes de gestion
31/12/2004	New accounts available
31/12/2003	New accounts available
22/08/2002	Changement de dénomination sociale
22/08/2002	Statuts mis à jour
22/08/2002	PV d'Assemblée
22/08/2002	Acte sous seing privé
23/04/2001	Changement de Président (PDG, PCA)
23/04/2001	Modification du Conseil d'Administration
23/04/2001	Acte modificatif
23/04/2001	Nomination/démission des organes de gestion
23/04/2001	PV du Conseil d'Administration
23/04/2001	Acte sous seing privé
06/09/2000	PV du Conseil d'Administration
06/09/2000	Apport Partiel
06/09/2000	Augmentation de Capital
06/09/2000	Modification de l'objet social
06/09/2000	Changement de dénomination sociale
06/09/2000	PV d'Assemblée
06/09/2000	Statuts mis à jour
06/09/2000	Acte sous seing privé
06/09/2000	Modification du système d'administration des S.A.
06/09/2000	Acte modificatif
06/09/2000	Nomination/démission des organes de gestion
06/09/2000	Changement de Président (PDG, PCA)
21/06/2000	Rapport des Commissaires ou du Gérant
21/06/2000	Acte sous seing privé
13/04/2000	Nomination/démission des organes de gestion
13/04/2000	Acte modificatif
13/04/2000	Requête et Ordonnance
07/01/2000	Formation de Société
07/01/2000	Statuts

Establishment events history

Date	Description
18/07/2013	Update Limit
17/10/2012	Update Rating
06/10/2012	Update Limit
08/09/2012	Update Rating
24/08/2011	Update Limit
25/04/2011	Update Rating
28/02/2011	Update of phone numbers
06/12/2010	Formation of Head office (after transfer)

NOTES & COMMENTS

Commentary

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

	The pre-tax profit is more than 25,000€
	The shareholder's equity is more than 250,000€
	The return on total assets employed is positive
	Industry code with low risk rating
	The company is 13 years old
	The ratio total assets to total liabilities is 1,03
	The tangible fixed assets are 15,544 €
	The deviation of shareholder's equity over the past two years is less than 75%
	The sales to current assets ratio is 0,15
	The liquidity acid test is less than 65%
	The debtor days are 2270.91
	The deviation of the current ratio over the past two years is less than 80%

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.59.99
UK Pound	1	Rs.101.75
Euro	1	Rs.83.48

INFORMATION DETAILS

Report Prepared by :

PDT

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

Financial condition (40%) Ownership background (20%) Payment record (10%)

Credit history (10%) Market trend (10%) Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.