MIRA INFORM REPORT

Report Date :

10.11.2014

IDENTIFICATION DETAILS

Name :	MECALUX SA

Registered Office :	Cl Silici 1 - Cornella De Llobregat - 08940 - Barcelona

Country :	Spain

Financials (as on) :	31.12.2013

Date of Incorporation :	26.12.1966

Legal Form :	Public Company

Line of Business :	Manufacturer of Metal Structure and Parts of Structures

No. of Employees :	1364

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	USD 8.060.000

Status :	Moderate

Payment Behaviour :	No Complaints

Litigation :	Clear

NOTES:

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

ECGC Country Risk Classification List – June 1, 2014

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

Spain

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

SPAIN - ECONOMIC OVERVIEW

Spain experienced a prolonged recession in the wake of the global financial crisis. GDP contracted by 3.7% in 2009, ending a 16-year growth trend, and continued contracting through most of 2013. Economic growth resumed in late 2013, albeit only modestly, as credit contraction in the private sector, fiscal austerity, and high unemployment continued to weigh on domestic consumption and investment. Exports, however, have been resilient throughout the economic downturn, partially offsetting declines in domestic consumption and helped to bring Spain's current account into surplus in 2013 for the first time since 1986. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, straining Spain's public finances as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2009. Spain gradually reduced the deficit to just under 7% of GDP in 2013, slightly above the 6.5% target negotiated between Spain and the EU. Public debt has increased substantially – from 60.1% of GDP in 2010 to 93.4% in 2013. Rising labor productivity, moderating labor costs, and lower inflation have helped to improve foreign investor interest in the economy and to reduce government borrowing costs. The government's ongoing efforts to implement reforms - labor, pension, health, tax, and education - are aimed at supporting investor sentiment. The government also has shored up struggling banks exposed to Spain's depressed domestic construction and real estate sectors by successfully completing an EU-funded restructuring and recapitalization program in December 2013

Source : CIA

Company name and address

Name:

MECALUX SA

NIF / Fiscal code:

A08244998

Trade Name

MECALUX

Status:

ACTIVE

Incorporation Date:

26/12/1966

Register Data

Last Publication in BORME:

21/10/2014 [Appointments]

Last Published Account Deposit:

2013

Share Capital:

36.968.525

Localization:

CL SILICI 1 - CORNELLA DE LLOBREGAT - 08940 - BARCELONA

Telephone - Fax - Email - Website:

Ph.:. 902313242

Email. mecalux@mecalux.com

Website. www.mecalux.es

Number of Branches

Activity:

NACE:

2511 - Manufacture of metal structures and parts of structures

Registered Trademarks:

Audited / Opinion:

Si /

Tenders and Awards:

15 for a total cost of NaN

Subsidies:

45 for a total cost of 12609000

Quality Certificate:

Scoring and Risk:

Maximum recommended commercial credit:

USD 8.060.000

Defaults, Legal Claims and Insolvency Proceedings

Number

Amount (€)

Most Recent Entry

Insolvency Proceedings, Bankruptcy and Suspension of Payments

Unpublished

---

Defaults on debt with Financial Institutions and Large Companies

None

---

Judicial Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt)

None

---

Proceedings heard by the Civil Court

Unpublished

---

Proceedings heard by the Labour Court

Unpublished

---

Partners

ACEROLUX SL

40.47 %

BALBOA PARTICIPACIONES SA

5.23 %

BREA INVESTMENTS, S.L.

9 %

CORPORACION INDUSTRIAL BANKIA SA

20 %

CARTERA INDUSTRIAL REA SA

5 %

DEYA CAPITAL II SCR DE REGIMEN COMUN SA

1.38 %

DEYA CAPITAL III FONDO DE CAPITAL REISGO DE REGIMEN COMUN, S.A.

1.62 %

DEYA CAPITAL SCR DE REGIMEN SIMPLIFICADO, S.A.

9 %

HISCAN PATRIMONIO S.A

7.8 %

INVESTIGATION SUMMARY

The company was established in 1.985, although it continues invidual business started in 1.966 by Mr. José Luis Carrillo. Engaged in the manufacturing and marketing of integrated storage. It operates both nationally and internationally. It is one of the most important companies in the sector worldwide. There is no evidence of any incidents. In the light of the foregoing, we consider the company apt to be related to risk operations in accordance with its size, although and due to its high debt, we recommend to track closely its business evolution.

Identification

Social Denomination:

MECALUX SA

Trade Name:

MECALUX

NIF / Fiscal code:

A08244998

Corporate Status:

ACTIVE

Start of activity:

1969

Registered Office:

CL SILICI 1

Locality:

CORNELLA DE LLOBREGAT

Province:

BARCELONA

Postal Code:

08940

Telephone:

902313242

Fax:

932632682

Website:

www.mecalux.es

Email:

mecalux@mecalux.com

Interviewed Person:

This information has been obtained from indirect sources, given the impossibility of contacting the person authorized to provide information about the subject.

Branch Offices

Address

Postal Code

City

Province

CALLE PORTAL DE GAMARRA 1 EDIFICIO DEBA

01013

VITORIA-GASTEIZ

ALAVA

CALLE FEDERICO GARCIA LORCA 14

02006

ALBACETE

CALLE MERCURI 14 NAVE 1

03690

SAN VICENTE DEL RASPEIG/SANT VICENT DEL RASPEIG

ALICANTE

CALLE JOAN CRESPI 51

07014

PALMA DE MALLORCA

BALEARES

Av. Maresme, 14-60

08940

CORNELLA DE LLOBREGAT

BARCELONA

CALLE PLATERO PEDRO DE BARES 31

14007

CORDOBA

Av. Mas Pins (Pol. Ind. Poligensa), S/N

17457

RIUDELLOTS DE LA SELVA

GIRONA

CALLE OIALUME BIDEA 15 POL IND ZAMOKA

20115

ASTIGARRAGA

GUIPUZCOA

CALLE JULIO PALACIOS 14 POL IND NTRA SRA BUTARQUE

28194

LEGANES

MADRID

CALLE FRANZ LISZT 1 EDIFICIO 1 OFICINA 226

29590

MALAGA

CALLE JULIAN ROMEA S/N PARCELA 19 1 POL IND OESTE

30169

MURCIA

CALLE JUAN GUTEMBERG 17 19

35013

PALMAS DE GRAN CANARIA (LAS)

LAS PALMAS

AVENI LA PRENSA 3 POL IND CTRA AMARILLA

41007

SEVILLA

CALLE ALQUERIA MORET 5 7 POL IND ALQURIA DE MORET

46210

PICANYA

VALENCIA

Activity

NACE:

2511

Additional Information:

Manufacturing and marketing of integrated storage. Its main products include: - Industrial metal shelves - Automatic storehouses - Software warehouse management -Technical storage services

Franchise:

Import / export:

IMPORTS / EXPORTS

Industry situation:

Maturity

Number of Employees

Year

No. of employees

Established

Incidentals

2013

1364

Chronological Summary

Year

Act

1990

Accounts deposit (ejer. 1989) Appointments/ Re-elections (4) Cessations/ Resignations/ Reversals (1) Increase of Capital (1) Statutory Modifications (1)

1991

Accounts deposit (ejer. 1990) Adaptation to Law (1) Appointments/ Re-elections (3) Cessations/ Resignations/ Reversals (1) Statutory Modifications (1)

1992

Appointments/ Re-elections (2)

1993

Accounts deposit (ejer. 1991 consolidated, 1991, 1992) Appointments/ Re-elections (2)

1994

Accounts deposit (ejer. 1993 consolidated) Appointments/ Re-elections (2) Cessations/ Resignations/ Reversals (1)

1995

Accounts deposit (ejer. 1993, 1994) Appointments/ Re-elections (1)

1996

Accounts deposit (ejer. 1994 consolidated, 1995 consolidated, 1995) Appointments/ Re-elections (4) Cessations/ Resignations/ Reversals (3) Increase of Capital (3) Statutory Modifications (1)

1997

Accounts deposit (ejer. 1996 consolidated, 1996) Appointments/ Re-elections (2) Cessations/ Resignations/ Reversals (1) Take-over Merger (4)

1998

Accounts deposit (ejer. 1997 consolidated, 1997) Appointments/ Re-elections (2) Cessations/ Resignations/ Reversals (2) Errata (2) Take-over Merger (8)

1999

Accounts deposit (ejer. 1998 consolidated, 1998) Appointments/ Re-elections (2) Capital Reduction (2) Cessations/ Resignations/ Reversals (5) Increase of Capital (2) Other Concepts/ Events (4) Statutory Modifications (2)

2000

Accounts deposit (ejer. 1999 consolidated, 1999) Appointments/ Re-elections (2) Board Meeting (1) Cessations/ Resignations/ Reversals (1)

2001

Accounts deposit (ejer. 2000 consolidated, 2000) Appointments/ Re-elections (6) Board Meeting (1) Cessations/ Resignations/ Reversals (1) Errata (1) Increase of Capital (2) Other Concepts/ Events (3)

2002

Accounts deposit (ejer. 2001 consolidated, 2001) Appointments/ Re-elections (1) Board Meeting (1)

2003

Accounts deposit (ejer. 2002 consolidated, 2002) Appointments/ Re-elections (3) Board Meeting (1) Cessations/ Resignations/ Reversals (3)

2004

Accounts deposit (ejer. 2003 consolidated) Appointments/ Re-elections (1) Board Meeting (2) Change of Social Purpose (1) Change of Social address (1) Statutory Modifications (4) Take-over Merger (5)

2005

Accounts deposit (ejer. 2004 consolidated, 2003, 2004) Appointments/ Re-elections (4) Board Meeting (1)

2006

Accounts deposit (ejer. 2005 consolidated) Appointments/ Re-elections (5) Board Meeting (1) Cessations/ Resignations/ Reversals (3) Increase of Capital (2) Other Concepts/ Events (2) Statutory Modifications (1)

2007

Accounts deposit (ejer. 2006 consolidated, 2005, 2006) Appointments/ Re-elections (8) Board Meeting (1) Cessations/ Resignations/ Reversals (4) Increase of Capital (2) Other Concepts/ Events (2) Statutory Modifications (2)

2008

Appointments/ Re-elections (6) Board Meeting (2) Cessations/ Resignations/ Reversals (1) Increase of Capital (1) Other Concepts/ Events (1)

2009

Accounts deposit (ejer. 2007 consolidated, 2008 consolidated, 2007, 2008) Appointments/ Re-elections (7) Board Meeting (1) Cessations/ Resignations/ Reversals (7) Increase of Capital (2) Other Concepts/ Events (4) Statutory Modifications (1)

2010

Accounts deposit (ejer. 2009 consolidated, 2009) Appointments/ Re-elections (7) Board Meeting (2) Cessations/ Resignations/ Reversals (3) Other Concepts/ Events (3) Statutory Modifications (2) Take-over Merger (3)

2011

Accounts deposit (ejer. 2010 consolidated, 2010) Appointments/ Re-elections (12) Board Meeting (1) Cessations/ Resignations/ Reversals (3) Other Concepts/ Events (1) Statutory Modifications (1) Take-over Merger (1)

2012

Accounts deposit (ejer. 2011) Appointments/ Re-elections (11) Board Meeting (1) Cessations/ Resignations/ Reversals (6) Statutory Modifications (1)

2013

Accounts deposit (ejer. 2011 consolidated, 2012 consolidated, 2012) Appointments/ Re-elections (7) Cessations/ Resignations/ Reversals (3)

2014

Accounts deposit (ejer. 2013 consolidated, 2013) Appointments/ Re-elections (2) Cessations/ Resignations/ Reversals (3) Statutory Modifications (2)

Breakdown of Owners' Equity

Registered Capital:

36.968.525

Paid up capital:

36.968.525

Updated Evolution of the Subscribed and Paid-in Capital

wordml://1508

Publishing Date

Registration Type

Capital Subscribed

Paid up capital

Underwritten result

Disbursed Result

06/03/1990

Increase of Capital

1.816.929

12.089.758

15/01/1996

Increase of Capital

110.788

12.200.546

16/03/1996

Increase of Capital

5.168.704

17.369.250

17/09/1996

Increase of Capital

60.101

17.429.351

08/04/1999

Capital Reduction

-29.351

17.400.000

04/05/1999

Increase of Capital

2.800.000

20.200.000

18/06/2001

Increase of Capital

2.020.000

22.220.000

25/08/2006

Increase of Capital

2.222.000

24.442.000

06/09/2007

Increase of Capital

2.444.200

26.886.200

05/09/2008

Increase of Capital

6.721.550

33.607.750

09/03/2009

Increase of Capital

3.360.775

36.968.525

Active Social Bodies

Post published

Social Body's Name

Appointment Date

Other Positions in this Company

PRESIDENT

CARRILLO RODRIGUEZ JOSE LUIS

27/12/2010

VICE CHAIRMAN

CARRILLO LOSTAO JAVIER

27/12/2010

MEMBER OF THE BOARD

DEYA CAPITAL S C R DE REGIMEN SIMPLIFICADO SA

20/03/2014

MARCI SL

23/08/2012

ACEROLUX SL

24/08/2011

BRESLA INVESTMENTS SL

27/12/2010

CARRILLO LOSTAO GREGORIO

27/12/2010

PUJOL ARTIGAS JOSE MARIA

27/12/2010

MONTES PEREZ EDUARDO

27/12/2010

CARRILLO RODRIGUEZ JOSE LUIS

27/12/2010

CARRILLO LOSTAO JAVIER

27/12/2010

ARTA CAPITAL SOCGESTORA DE ENTDE CAPITAL RIESGO

27/12/2010

CARTERA INDUSTRIAL REA SA

27/12/2010

MARCH JUAN JUAN

27/12/2010

SOCIEDAD DE PROMOCION Y PARTICIPACION EMPRESARI

26/01/2009

EURO SYNS S A

30/12/2005

JOINT ATTORNEY

GALLOSTRA RONQUILLO JORGE

27/02/1990

PROXY

MORENO DIAZ JULIAN

01/03/2013

NEIRA FERNANDEZ JAVIER

07/09/2012

RIVAS CALVO JAVIER

20/06/2012

BURGOS PASTOR LUIS ALBERTO

23/04/2012

PRIETO TUSET FRANCISCO JOSE

06/02/2012

PEÑARANDA NEGRETE JESUS

06/02/2012

ALCAZAR ESPADA MANUEL

06/02/2012

MARTINEZ MOLINA JUAN JESUS

06/02/2012

FORES RAFOLS ALBERT

30/01/2012

LEIRADO CAMPO FRANCISCO JAVIER

24/08/2011

CASADO PACHECO MIGUEL

30/03/2011

POLADURA VECINO JOSE LUIS

01/02/2011

VALLEJO POLO RAFAEL

01/02/2011

RAMOS HERNANDEZ JOSE LUIS

20/01/2011

CLOSAS HERRERA MARIA DOLORS

22/01/2010

DAVILA PIÑEIRO MIGUEL

27/02/2008

CARRILLO RODRIGUEZ JOSE LUIS

17/08/2001

CARRILLO LOSTAO JAVIER

05/02/2001

FERNANDEZ MENDEZ HIPOLITO

04/06/1998

BASSAS BRESCA CARLOS

28/05/1991

NON CONSELLOR SECRETARY

KIRCHNER BALIU PERE

04/05/1999

NON CONSELLOR ASSISTANT SECRETARY

GAMAZO MARTIN ANA MARIA

26/11/2007

MANAGING ENTITY

SERVICIO COMPENSACION LIQUIDACION VALORES SA

08/04/1999

REPRESENTATIVE

JIMENEZ UGARTE LUELMO NICOLAS

20/03/2014

CARRILLO LOSTAO JAVIER

23/08/2012

CARRILLO RODRIGUEZ JOSE LUIS

24/08/2011

GONZALEZ ADALID GARCIA ZOZAYA ANTONIO

27/12/2010

ZARDOYA ARANA ALBERTO

27/12/2010

CARNE CASAS RAMON

27/12/2010

ACCOUNTS' AUDITOR / HOLDER

DELOITTE SL

13/10/2014

CONSOLIDATED ACCOUNTS' AUDITOR

DELOITTE SL

13/10/2014

Historical Social Bodies

Social Body's Name

Post published

End Date

Other Positions in this Company

ACEBO SANCHEZ FRANCISCO JAVIER

NON CONSELLOR SECRETARY

04/05/1999

ARISTIN FRONTELA ROSA MARIA

PROXY

20/06/2012

ARTHUR ANDERSEN Y CIA S COM

ACCOUNTS' AUDITOR / HOLDER

14/06/1993

ACCOUNTS' AUDITOR / HOLDER

04/05/1999

CONSOLIDATED ACCOUNTS' AUDITOR

04/05/1999

CONSOLIDATED ACCOUNTS' AUDITOR

15/03/2001

ACCOUNTS' AUDITOR / HOLDER

15/03/2001

ACCOUNTS' AUDITOR / HOLDER

02/10/2001

CONSOLIDATED ACCOUNTS' AUDITOR

02/10/2001

CONSOLIDATED ACCOUNTS' AUDITOR

10/01/2003

ACCOUNTS' AUDITOR / HOLDER

10/01/2003

ACCOUNTS' AUDITOR / HOLDER

04/11/2003

CONSOLIDATED ACCOUNTS' AUDITOR

04/11/2003

AVANZA INVERSIONES EMPRESARIALES SOCIEDAD GESTORA

MEMBER OF THE BOARD

16/01/2013

BASSAS BRESCA CARLOS

MEMBER OF THE BOARD

16/03/1996

PROXY

28/05/1991

NON CONSELLOR SECRETARY

04/02/1994

SECRETARY

16/03/1996

BELLAVISTA AULADELL FRANCESC

REPRESENTATIVE

03/01/2014

BERNARDO ALVAREZ JUAN CARLOS

PROXY

20/06/2012

BETETA ROBLES VALENTIN

REPRESENTATIVE

03/01/2014

BRESLA INVESTMENTS SL

MEMBER OF THE BOARD

27/12/2010

MEMBER OF THE BOARD

04/09/2007

BURGOS PASTOR LUIS ALBERTO

PROXY

22/01/2010

PROXY

23/04/2012

CARNE CASAS RAMON

MEMBER OF THE BOARD

07/08/2003

MEMBER OF THE BOARD

04/05/1999

CARRILLO LOSTAO GREGORIO

PROXY

01/08/2014

CARRILLO LOSTAO JAVIER

MEMBER OF THE BOARD

20/09/1997

REPRESENTATIVE

04/05/1999

PROXY

05/02/2001

MEMBER OF THE BOARD

19/02/2001

VICE CHAIRMAN

27/12/2010

MEMBER OF THE BOARD

27/12/2010

MEMBER OF THE BOARD

18/11/2003

VICE CHAIRMAN

18/11/2003

MEMBER OF THE BOARD

07/06/2006

VICE CHAIRMAN

05/09/2008

CARRILLO LOSTAO LUIS

REPRESENTATIVE

04/05/1999

MEMBER OF THE BOARD

20/09/1997

MEMBER OF THE BOARD

18/11/2003

MEMBER OF THE BOARD

31/03/2006

CARRILLO LOSTAO MARCIAL

REPRESENTATIVE

04/05/1999

CARRILLO RODRIGUEZ JOSE LUIS

MEMBER OF THE BOARD

04/02/1994

MEMBER OF THE BOARD

16/03/1996

MEMBER OF THE BOARD

04/05/1999

MEMBER OF THE BOARD

18/11/2003

MEMBER OF THE BOARD

05/09/2008

MEMBER OF THE BOARD

27/12/2010

PROXY

17/08/2001

PRESIDENT

04/02/1994

PRESIDENT

16/03/1996

PRESIDENT

05/09/2008

PRESIDENT

27/12/2010

CARTERA INDUSTRIAL REA SA

MEMBER OF THE BOARD

27/12/2010

CASADO PACHECO MIGUEL

PROXY

29/10/2009

PROXY

17/04/1997

PROXY

01/09/2009

CASTEJON FERNANDEZ GERMAN

MEMBER OF THE BOARD

02/04/1990

CASTIÑEIRAS CENAMOR EDUARDO

REPRESENTATIVE

09/06/2010

CATALA MASDEU JORDI

CHIEF EXECUTIVE OFFICER

04/05/1999

MEMBER OF THE BOARD

04/05/1999

MEMBER OF THE BOARD

16/03/1996

CHIEF EXECUTIVE OFFICER

16/03/1996

MEMBER OF THE BOARD

27/12/2010

MEMBER OF THE BOARD

01/06/2011

PROXY

10/01/2012

MEMBER OF THE BOARD

18/11/2003

CHIEF EXECUTIVE OFFICER

18/11/2003

MEMBER OF THE BOARD

05/09/2008

CHIEF EXECUTIVE OFFICER

09/10/2008

CHIEF EXECUTIVE OFFICER

27/12/2010

CHIEF EXECUTIVE OFFICER

01/06/2011

CLOFENT SUÑER GUILLEM

MEMBER OF THE BOARD

28/12/2011

CHIEF EXECUTIVE OFFICER

28/12/2011

CLOSAS HERRERA MARIA DOLORES

PROXY

29/10/2009

CLOSAS HERRERA MARIA DOLORS

PROXY

22/01/2010

CORDOBA DIAZ ANGEL

REPRESENTATIVE

27/12/2010

REPRESENTATIVE

19/10/2012

CORPORACION FINANCIERA CAJA MADRID SA

MEMBER OF THE BOARD

09/06/2010

CUATRECASAS SABATA PEDRO

MEMBER OF THE BOARD

29/11/2001

DE SANTIAGO RESTOY JOSE MARIA

REPRESENTATIVE

16/01/2013

REPRESENTATIVE

16/12/2013

DELOITTE AND TOUCHE ESPAÑA SL

CONSOLIDATED ACCOUNTS' AUDITOR

13/12/2005

ACCOUNTS' AUDITOR / HOLDER

13/12/2005

ACCOUNTS' AUDITOR / HOLDER

28/12/2004

CONSOLIDATED ACCOUNTS' AUDITOR

28/12/2004

DELOITTE S L

ACCOUNTS' AUDITOR / HOLDER

23/08/2007

CONSOLIDATED ACCOUNTS' AUDITOR

23/08/2007

DELOITTE SL

ACCOUNTS' AUDITOR / HOLDER

02/12/2008

CONSOLIDATED ACCOUNTS' AUDITOR

02/12/2008

ACCOUNTS' AUDITOR / HOLDER

16/10/2006

CONSOLIDATED ACCOUNTS' AUDITOR

16/10/2006

ACCOUNTS' AUDITOR / HOLDER

15/10/2013

CONSOLIDATED ACCOUNTS' AUDITOR

15/10/2013

CONSOLIDATED ACCOUNTS' AUDITOR

13/10/2014

ACCOUNTS' AUDITOR / HOLDER

13/10/2014

CONSOLIDATED ACCOUNTS' AUDITOR

30/01/2013

ACCOUNTS' AUDITOR / HOLDER

30/01/2013

CONSOLIDATED ACCOUNTS' AUDITOR

10/01/2012

ACCOUNTS' AUDITOR / HOLDER

10/01/2012

ACCOUNTS' AUDITOR / HOLDER

09/11/2009

CONSOLIDATED ACCOUNTS' AUDITOR

09/11/2009

CONSOLIDATED ACCOUNTS' AUDITOR

25/08/2010

ACCOUNTS' AUDITOR / HOLDER

25/08/2010

EURO SYNS SA

MEMBER OF THE BOARD

31/05/2007

MEMBER OF THE BOARD

06/11/2000

FERNANDEZ FIGARES DE LA CHICA JUAN JOSE

MEMBER OF THE BOARD

01/06/1991

FERNANDEZ FONTECHA TORRENS MANUEL

SECRETARY

04/02/1994

FREIXES PORTES XAVIER

NON CONSELLOR ASSISTANT SECRETARY

26/11/2007

GALLOSRTA RONQUILLO JORDI

MEMBER OF THE BOARD

04/02/1994

GALLOSTRA RONQUILLO JORDI

PROXY

13/03/1999

CHIEF EXECUTIVE OFFICER

06/08/1999

PROXY

06/08/1999

MEMBER OF THE BOARD

01/06/1991

GARCIA VARELA JOSE MANUEL

MEMBER OF THE BOARD

27/12/2010

MEMBER OF THE BOARD

16/01/2013

GENNER DE INVERSIONES SA

MEMBER OF THE BOARD

04/05/1999

GONZALEZ ADALID GARCIA ZOZAYA ANTONIO

REPRESENTATIVE

27/12/2010

GRANDA ALBUERNE ANTONIO OSCAR

PROXY

04/03/2014

GRUPO CORPORATIVO EMPRESARIAL CAJA DE AHORROS Y MO

MEMBER OF THE BOARD

03/01/2014

MEMBER OF THE BOARD

27/12/2010

HUGUET BREA JOSE MARIA

PROXY

29/10/2009

INMOGESTION Y PATRIMONIOS SA

MEMBER OF THE BOARD

03/01/2014

MEMBER OF THE BOARD

16/12/2013

JODRA URIARTE IÑIGO

REPRESENTATIVE

26/10/2009

JOVER DE CASTRO JUAN BOSCO

PROXY

22/01/2007

LEINA SA

MEMBER OF THE BOARD

04/05/1999

LEIRADO CAMPO FRANCISCO JAVIER

PROXY

24/08/2011

LOCHE QUINTANILLA FERNANDO LUIS

PROXY

04/03/2014

LOIZAGA VIGURI JOSE MARIA

MEMBER OF THE BOARD

01/12/1998

MEMBER OF THE BOARD

04/09/2007

MEMBER OF THE BOARD

27/12/2010

MEMBER OF THE BOARD

01/08/2011

LORING TASSARA IGNACIO

MEMBER OF THE BOARD

01/06/1991

MANCHON ALCAZAR GONZALO

MEMBER OF THE BOARD

01/06/1991

MARIN MATEU VICENTE

PROXY

12/12/2012

PROXY

29/10/2009

MONTES PEREZ EDUARDO

MEMBER OF THE BOARD

05/09/2008

MEMBER OF THE BOARD

27/12/2010

NEGRE VILLAVECCHIA ANTONIO

MEMBER OF THE BOARD

02/04/1990

ODERIZ SAN MARTIN JUAN

REPRESENTATIVE

31/10/2008

PEREZ CLAVER MARIANO

REPRESENTATIVE

13/10/2009

POCH SERRATS JUAN

MEMBER OF THE BOARD

26/11/2007

MEMBER OF THE BOARD

18/11/2003

PUIG MOLIAS ISABEL

PROXY

25/02/2005

PROXY

13/10/1998

PROXY

24/04/2009

PROXY

01/09/2009

PROXY

17/04/1997

PROXY

29/10/2009

PUJOL ARTIGAS JOSE MARIA

MEMBER OF THE BOARD

27/09/2002

MEMBER OF THE BOARD

27/12/2010

MEMBER OF THE BOARD

26/09/2007

RECIO VILLASCLARAS JOSE ANTONIO

PROXY

20/05/2003

RIBO MASSO JAVIER

MEMBER OF THE BOARD

04/02/1994

MEMBER OF THE BOARD

16/03/1996

RIBO MASSO XAVIER

MEMBER OF THE BOARD

02/04/1990

RISCAL DE INVERSIONES SA

MEMBER OF THE BOARD

04/05/1999

SAN SEGUNDO HERNANDEZ ANTONIO

REPRESENTATIVE

03/01/2014

SEBASTIAN GASCON CARLOS

MEMBER OF THE BOARD

01/06/1991

PRESIDENT

01/06/1991

SECTOR DE PARTICIPACIONES INTEGRALES SL

MEMBER OF THE BOARD

16/12/2013

MEMBER OF THE BOARD

03/01/2014

SOCIEDAD DE PROMOCION Y PARTICIPACION EMPRESARIAL

MEMBER OF THE BOARD

03/01/2014

SOCIEDAD DE PROMOCION Y PARTICIPACION EMRESARIAL C

MEMBER OF THE BOARD

27/12/2010

SOLANA MARTINEZ SEVERIANO

REPRESENTATIVE

31/07/2013

SORIA VIDAL IGNACIO

REPRESENTATIVE

16/12/2013

REPRESENTATIVE

03/01/2014

SOTO LOPEZ DORIGA PEDRO

MEMBER OF THE BOARD

01/06/1991

TORRES BARRIERAS MARGARITA

PROXY

17/11/1993

MEMBER OF THE BOARD

04/02/1994

MEMBER OF THE BOARD

16/03/1996

PROXY

13/07/1998

MEMBER OF THE BOARD

01/06/1991

TORRES ROSELLO VICENTE

PROXY

15/06/1994

PROXY

13/03/1999

PROXY

06/11/1996

PROXY

06/11/1996

PROXY

17/04/1997

TRIMIÑO MARQUEZ RAFAEL

MEMBER OF THE BOARD

16/03/1996

PROXY

20/11/2006

URIA GARCIA ALFREDO

PROXY

12/12/2012

PROXY

01/02/2011

VILLEGAS DIAZ JUAN IGNACIO

REPRESENTATIVE

27/12/2010

REPRESENTATIVE

09/10/2012

VIVAS GOMEZ OSCAR

PROXY

14/07/2006

ZARDOYA ARANA ALBERTO

REPRESENTATIVE

27/12/2010

ZARDOYA ARANA FRANCISCO JAVIER

REPRESENTATIVE

27/02/2009

REPRESENTATIVE

31/05/2007

ZARDOYA ARANA JAVIER

REPRESENTATIVE

31/05/2007

ZARDOYA GARCIA FRANCISCO JAVIER

MEMBER OF THE BOARD

18/03/2000

Executive board

Post

NIF

Name

COMMERCIAL MANAGER

PABLO GUARDANS CAMBO

COMPUTER SCIENCE DIRECTOR

JOSE MARIA CONCEPCION MARTI

FINANCIAL DIRECTOR

ISABEL PUIG MOLIAS

Defaults, Legal Claims and Insolvency Proceedings

Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country's various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Industrial and RAI ).

Chronological summary

Number of Publications

Amount (_)

Start date

End date

Insolvency Proceedings, Bankruptcy and Suspension of Payments

Unpublished

---

Request/Declaration

---

date

Proceedings

---

Resolution

---

Defaults on debt with Financial Institutions and Large Companies

Bank and Commercial Delinquency

None

Status: Friendly

---

Status: Pre-Litigation

---

Status: Litigation

---

Status: Non-performing

---

Status: insolvency proceedings, bankruptcy and suspension of payments

---

Other status

---

Legal and Administrative Proceedings

Unpublished

---

Notices of defaults and enforcement

---

Seizures

---

Auctions

---

Declarations of insolvency and bad debt

---

Proceedings heard by the Civil Court

Unpublished

---

Proceedings heard by the Labour Court

Unpublished

---

Basis for scoring

Positive Factors

Adverse Factors

No judicial claims have been detected in the Official Gazettes, regarding any Entity's outstanding debts with the Tax Bureau or Social Security administrations, as submitted by Courts of the various court jurisdictions.

No irregular payment performance has been detected based on information obtained from credit bureaus.

It is one of the major domestic companies in terms of sales volume.

Significant level of financial autonomy. The asset is financed mostly with equity and financing with maturity exceeding one year, providing a solid financial structure.

MECALUX SA 's borrowing cost is appropriate according to its volume of external financing sources.

Probability of default

> Estimated Probability of Default for the next 12 months: 0.222 %

> Latest Scoring Changes:

Sector in which comparison is carried out:

251 Manufacture of structural metal products

Relative Position:

Credit quality is superior to that of other companies in the same sector.

The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a better position with regard to the probability of non-compliance.

The 99.00% of the companies of the sector MECALUX SA belongs to show a higher probability of non-compliance.

The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 0.222%.

In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.

Recommended commercial credit

Favourable until USD 8.060.000

LEGAL CLAIMS

Summary of Judicial Claims

PROCEDURES OF CONTEST, BANKRUPTCY AND BANKRUPTCY PROTECTION

Legal Proceedings (Bankruptcy Law 22/2003)

No se han publicado

Quiebras y Suspensiones de Pagos (anterior legislación concursal)

No se han publicado

INCIDENCES WITH THE PUBLIC ADMINISTRATIONS

Incidences with the Tax Agency

No se han publicado

Incidences with the Social Security

No se han publicado

Incidences with the Autonomous Administration

No se han publicado

Incidences with the Local Administration

No se han publicado

PROCEDURES BEFORE COURTS OF CIVIL MATTERS

Procedures by the Civil Procedural Law 1/2000

No se han publicado

Proceedings by the old Civil Procedural Law 1.881

No se han publicado

PROCEEDINGS BEFORE THE INDUSTRIAL TRIBUNAL

Procedimientos ante Juzgados de lo Social

No se han publicado

Clients

Name	NIF	Telephone
CAPRABO
DISALFARM
ZUMEX
TORRAS PAPEL
GIOSEPPO
TAU CERÁMICA
BANCO DE SABADELL
CAF
FONT VELLA

Link List

PARTICIPATES IN:

30 Entities

SHAREHOLDERS:

9 Entities

ABSORBS TO:

7 Entities

BELONGS TO THE ADMINISTRATION BOARD OF:

1 Entities

HAS IN ITS ADMINISTRATION BOARD TO:

6 Entities

IS RELATED WITH:

5 Entities

> Shareholders

Relationship

Entity

Province

Shareholding stake

SHAREHOLDERS

ACEROLUX SL

BARCELONA

40.47

BALBOA PARTICIPACIONES SA

MADRID

5.23

BREA INVESTMENTS, S.L.

CORPORACION INDUSTRIAL BANKIA SA

MADRID

CARTERA INDUSTRIAL REA SA

MADRID

DEYA CAPITAL II SCR DE REGIMEN COMUN SA

MADRID

1.38

DEYA CAPITAL III FONDO DE CAPITAL REISGO DE REGIMEN COMUN, S.A.

1.62

DEYA CAPITAL SCR DE REGIMEN SIMPLIFICADO, S.A.

HISCAN PATRIMONIO S.A

NAVARRA

7.8

PARTICIPATES IN

MECALUX LEVANTE SA

VALENCIA

99.96

MECALUX UK, S.A.

100

MECALUX SERVIS SA

MADRID

99.99

MECALUX CANARIAS SA

BARCELONA

100

MECALUX FRANCE SARL

100

MECALUX ARGENTINA, SOCIEDAD ANONIMA, (ARGENTINA)

MECALUX ESTANTES LDA (PORTUGAL)

99.99

MECALUX DO BRASIL SISTEMAS DE ARMAZENAGEM LTDA (BRASIL)

100

MECALUX AUSTRIA, SOCIEDAD ANONIMA, (AUSTRIA)

100

MECALUX BELGIUM, SOCIEDAD ANONIMA, (BELGICA)

100

MECALUX CESKA REPUBLIKA SRO (REPUBLICA CHECA)

100

MECALUX CORPORATION (ESTADOS UNIDOS)

100

MECALUX GBMH (ALEMANIA)

100

MECALUX MEXICO, SOCIEDAD ANONIMA, DE CV (MEXICO)

100

MECALUX SP ZOO (POLONIA)

100

MECALUX CHILE LTDA (CHILE)

ESMENA NORTE SL

BARCELONA

100

INTERLAKE MECALUX CANADA INC

100

MECALUX SLOVENSKO SRO

100

INTERLAKE MECALUX INC

MECALUX LOGISTICA INSAAT

100

MECALUX PERU SAC

99.93

YESIMA SL

MADRID

100

MECALUX ITALIA, S.L.

100

MECALUX LOGISTICA SLU

99.99

INTERLAKE MECALUX INC (ESTADOS UNIDOS)

MECALUX LOGISTICA SLU (TURQUIA)

99.99

MECALUX SLOVENSKO SRO (ESLOVAQUIA)

100

MECALUX UK, SOCIEDAD ANONIMA, (REINO UNIDO)

100

YESIMA, SOCIEDAD LIMITADA, (URUGUAY)

100

> Other Relationships

Relationship

Entity

Province

Shareholding stake

IS RELATED WITH

BANKIA SA

VALENCIA

COMERCIAL DE SOLDADURA SA

BARCELONA

HISCAN PATRIMONIO S.A

NAVARRA

GRUPO CORPORATIVO EMPRESARIAL DE LA CAJA DE AHORROS Y MONTE DE PIEDAD DE NAVARRA S.A.

NAVARRA

LIGHT HOUSE CONSULTING SL

MADRID

ABSORBS TO

ESTABIL SOCIEDAD ANONIMA

VIZCAYA

DRAFER SA

BARCELONA

LOGIS MARKET SA

BARCELONA

MECALUX INDUSTRIAL SA

BARCELONA

MECALUX COMERCIAL SA

BARCELONA

ESMENA SL

ASTURIAS

ESMENA SL

ASTURIAS

HAS IN ITS ADMINISTRATION BOARD TO

EURO SYNS SA

MADRID

BRESLA INVESTMENTS SL

MADRID

CARTERA INDUSTRIAL REA SA

MADRID

ACEROLUX SA

BARCELONA

MARCI SA

BARCELONA

DEYA CAPITAL S.C.R. DE REGIMEN SIMPLIFICADO SA

MADRID

BELONGS TO THE ADMINISTRATION BOARD OF

LOGIS MARKET SA

BARCELONA

Turnover

Total Sales 2.013

180.212.000

Financial Years Presented

Ejercicio

Tipo de Cuentas Anuales

Fecha Presentacion

2013

Consolidadas

October 2014

2013

Normales

October 2014

2012

Consolidadas

August 2013

2012

Normales

August 2013

2011

Consolidadas

January 2013

2011

Normales

August 2012

2010

Consolidadas

August 2011

2010

Normales

November 2011

2009

Consolidadas

August 2010

2009

Normales

August 2010

2008

Consolidadas

October 2009

2008

Normales

October 2009

2007

Consolidadas

December 2008

2007

Normales

December 2008

2006

Consolidadas

August 2007

2006

Normales

August 2007

2005

Consolidadas

August 2006

2005

Normales

November 2006

2004

Consolidadas

August 2005

2004

Normales

August 2005

2003

Consolidadas

August 2004

2003

Normales

January 2005

2002

Consolidadas

October 2003

2002

Normales

October 2003

2001

Consolidadas

July 2002

2001

Normales

July 2002

2000

Consolidadas

May 2001

2000

Normales

May 2001

1999

Consolidadas

August 2000

1999

Normales

August 2000

1998

Consolidadas

June 1999

1998

Normales

June 1999

1997

Consolidadas

September 1998

1997

Normales

September 1998

1996

Consolidadas

September 1997

1996

Normales

September 1997

1995

Consolidadas

July 1996

1995

Normales

July 1996

1994

Consolidadas

December 1995

1994

Normales

October 1995

1993

Consolidadas

September 1994

1993

Normales

October 1995

1992

Normales

August 1993

1991

Consolidadas

June 1993

1991

Normales

June 1993

1990

Normales

August 1991

1989

Normales

July 1990

The data in the report regarding the last Company Accounts submitted by the company is taken from the TRADE REGISTER serving the region in which the company's address is located 31/12/2013

> Balance en formato Normal de acuerdo al Nuevo Plan General Contable 2007

Information corresponding to the fiscal year 2013 2012 2011 2010 2009 is taken from information submitted to the TRADE REGISTER. Data corresponding to fiscal years before 2013 2012 2011 2010 2009 has been compiled based on the equivalence criteria stipulated in Act JUS/206/2009.

ORIGINAL

Assets

2013

2012

2011

2010

2009

A) NON-CURRENT ASSETS: 11000

285.564.000,00

279.502.000,00

285.996.000,00

297.132.000,00

277.039.000,00

I. Intangible fixed assets : 11100

60.032.000,00

59.748.000,00

67.505.000,00

68.954.000,00

6.606.000,00

1. Development: 11110

6.461.000,00

6.874.000,00

7.904.000,00

7.874.000,00

4.922.000,00

2. Concessions: 11120

0,00

3. Patents, licencing, trade marks and similar: 11130

151.000,00

140.000,00

166.000,00

149.000,00

150.000,00

4. Goodwill: 11140

46.200.000,00

55.000.000,00

58.362.000,00

0,00

5. IT applications: 11150

1.645.000,00

1.269.000,00

1.276.000,00

1.501.000,00

1.534.000,00

6. Investigation: 11160

0,00

7. Intellectual property: 11180

0,00

8. Greenhouse gas emission allowance: 11190

0,00

9. Other intangible fixed assets. : 11170

5.575.000,00

5.265.000,00

3.159.000,00

1.068.000,00

0,00

II. Tangible fixed assets : 11200

47.811.000,00

50.789.000,00

55.086.000,00

59.513.000,00

22.379.000,00

1. Land and buildings: 11210

17.366.000,00

17.889.000,00

18.413.000,00

18.933.000,00

0,00

2. Technical installations and other tangible fixed assets: 11220

29.754.000,00

32.688.000,00

36.471.000,00

40.342.000,00

21.597.000,00

3. Tangible asset in progress and advances: 11230

691.000,00

212.000,00

202.000,00

238.000,00

782.000,00

III. Real estate investment: 11300

0,00

1. Land: 11310

0,00

2. Buildings: 11320

0,00

IV. Long-term investments in Group companies and associates : 11400

141.271.000,00

133.553.000,00

127.307.000,00

130.965.000,00

221.951.000,00

1. Equity instruments: 11410

140.925.000,00

133.098.000,00

127.015.000,00

87.817.000,00

118.144.000,00

2. Credits to businesses: 11420

346.000,00

455.000,00

292.000,00

43.148.000,00

103.807.000,00

3. Debt securities: 11430

0,00

4. Derivatives : 11440

0,00

5. Other financial assets : 11450

0,00

6. Other investments: 11460

0,00

V. Long-term financial investments: 11500

1.033.000,00

1.055.000,00

1.013.000,00

1.011.000,00

1.115.000,00

1. Equity instruments: 11510

0,00

2. Credits to third parties : 11520

0,00

3. Debt securities: 11530

0,00

4. Derivatives : 11540

0,00

5. Other financial assets : 11550

1.033.000,00

1.055.000,00

1.013.000,00

1.011.000,00

1.115.000,00

6. Other investments: 11560

0,00

VI. Assets for deferred tax : 11600

35.417.000,00

34.357.000,00

35.085.000,00

36.689.000,00

24.988.000,00

VII. Non-current trade debts : 11700

0,00

B) CURRENT ASSETS: 12000

85.066.000,00

74.684.000,00

96.343.000,00

117.009.000,00

123.986.000,00

I. Non-current assets held for sale : 12100

0,00

564.000,00

0,00

II. Stocks: 12200

26.659.000,00

24.610.000,00

26.536.000,00

32.267.000,00

18.778.000,00

1. Commercial: 12210

0,00

2. Primary material and other supplies: 12220

8.082.000,00

7.243.000,00

8.022.000,00

12.466.000,00

8.537.000,00

3. Work in progress: 12230

1.320.000,00

825.000,00

863.000,00

1.730.000,00

536.000,00

a) Of long-term production cycle : 12231

0,00

b) Of short-term production cycle : 12232

1.320.000,00

825.000,00

863.000,00

1.730.000,00

536.000,00

4. Finished goods: 12240

17.157.000,00

16.411.000,00

17.617.000,00

17.898.000,00

9.645.000,00

a) Of long-term production cycle : 12241

0,00

b) Of short-term production cycle : 12242

17.157.000,00

16.411.000,00

17.617.000,00

17.898.000,00

9.645.000,00

5. By-products, residues and recycled materials: 12250

0,00

6. Advances to suppliers: 12260

100.000,00

131.000,00

34.000,00

173.000,00

60.000,00

III. Trade debtors and others receivable accounts: 12300

53.208.000,00

43.537.000,00

54.956.000,00

61.089.000,00

75.841.000,00

1. Trade debtors / accounts receivable: 12310

16.889.000,00

23.108.000,00

26.284.000,00

31.071.000,00

24.682.000,00

a) Long-term receivables from sales and services supplied : 12311

0,00

b) Customers for sales and provisions of services : 12312

16.889.000,00

23.108.000,00

26.284.000,00

31.071.000,00

24.682.000,00

2. Customers, Group companies and associates : 12320

32.227.000,00

19.443.000,00

24.965.000,00

28.726.000,00

45.366.000,00

3. Other accounts receivable: 12330

25.000,00

84.000,00

74.000,00

177.000,00

271.000,00

4. Personnel: 12340

0,00

5. Assets for deferred tax: 12350

4.067.000,00

902.000,00

3.633.000,00

1.115.000,00

5.522.000,00

6. Other debtors, including tax and social security: 12360

0,00

7. Called up share capital: 12370

0,00

IV. Short-term investments in Group companies and associates: 12400

0,00

2.220.000,00

1.023.000,00

0,00

1. Equity instruments: 12410

0,00

2. Credits to businesses: 12420

0,00

3. Debt securities: 12430

0,00

4. Derivatives : 12440

0,00

5. Other financial assets : 12450

0,00

6. Other investments: 12460

0,00

2.220.000,00

1.023.000,00

0,00

V. Short-term financial investments : 12500

7.000,00

5.000,00

106.000,00

4.245.000,00

13.252.000,00

1. Equity instruments: 12510

0,00

2. Credits to businesses: 12520

0,00

3. Debt securities: 12530

0,00

4. Derivatives : 12540

0,00

5. Other financial assets : 12550

7.000,00

5.000,00

106.000,00

4.245.000,00

13.252.000,00

6. Other investments: 12560

0,00

VI. Short-term accruals: 12600

226.000,00

115.000,00

940.000,00

554.000,00

14.000,00

VII. Cash and other equivalent liquid assets : 12700

4.966.000,00

4.197.000,00

12.782.000,00

18.290.000,00

16.101.000,00

1. Treasury: 12710

4.966.000,00

4.197.000,00

12.782.000,00

18.290.000,00

16.101.000,00

2. Other equivalent liquid assets: 12720

0,00

TOTAL ASSETS (A + B) : 10000

370.630.000,00

354.186.000,00

382.339.000,00

414.141.000,00

401.025.000,00

ORIGINAL

Liabilities and Net Worth

2013

2012

2011

2010

2009

A) NET WORTH: 20000

246.726.000,00

234.424.000,00

255.755.000,00

275.262.000,00

281.876.000,00

A-1) Shareholders' equity: 21000

241.814.000,00

229.492.000,00

249.921.000,00

269.316.000,00

282.731.000,00

I. Capital: 21100

36.969.000,00

1. Registered capital : 21110

36.969.000,00

2. (Uncalled capital): 21120

0,00

II. Share premium: 21200

184.764.000,00

III. Reserves: 21300

86.160.000,00

74.884.000,00

1. Legal y estatutarias: 21310

6.321.000,00

6.320.000,00

2. Other reserves: 21320

79.839.000,00

79.840.000,00

68.564.000,00

3. Revaluation reserves: 21330

0,00

IV. (Common stock equity): 21400

0,00

-861.000,00

V. Results from previous periods: 21500

-78.401.000,00

-57.972.000,00

-38.577.000,00

-13.025.000,00

0,00

1. Brought forward: 21510

0,00

2. (Negative results from previous periods): 21520

-78.401.000,00

-57.972.000,00

-38.577.000,00

-13.025.000,00

0,00

VI. Other shareholders' contributions: 21600

0,00

VII. Result of the period: 21700

12.322.000,00

-20.429.000,00

-19.395.000,00

-25.552.000,00

-13.025.000,00

VIII. (Interim dividend): 21800

0,00

IX. Other net worth instruments: 21900

0,00

A-2) Adjustments due to changes in value: 22000

-268.000,00

-583.000,00

-15.000,00

-354.000,00

-902.000,00

I. Financial assets held for sale: 22100

-2.000,00

-5.000,00

-3.000,00

0,00

II. Hedge operations: 22200

-266.000,00

-578.000,00

-12.000,00

-354.000,00

-902.000,00

III. Linked non-current assets and liabilities held for sale : 22300

0,00

IV. Exchange rate difference: 22400

0,00

V. Other: 22500

0,00

A-3) Received subsidies, donations and legacies: 23000

5.180.000,00

5.515.000,00

5.849.000,00

6.300.000,00

47.000,00

B) NON-CURRENT LIABILITIES: 31000

39.512.000,00

12.181.000,00

12.160.000,00

15.135.000,00

35.086.000,00

I. Long-term provisions: 31100

342.000,00

0,00

1. Long-term employee benefits liability: 31110

0,00

2. Environmental actions: 31120

0,00

3. Restructuring provisions: 31130

0,00

4. Other provisions: 31140

342.000,00

0,00

II Long-term creditors: 31200

21.454.000,00

5.639.000,00

6.512.000,00

7.655.000,00

34.971.000,00

1. Liabilities and other securities: 31210

0,00

2. Amounts owed to credit institutions: 31220

17.752.000,00

1.429.000,00

2.286.000,00

5.048.000,00

33.911.000,00

3. Creditors from financial leasing: 31230

0,00

4. Derivatives : 31240

0,00

5. Other financial liabilities : 31250

3.702.000,00

4.210.000,00

4.226.000,00

2.607.000,00

1.060.000,00

III. Long-term debts with Group companies and associates: 31300

14.596.000,00

3.085.000,00

17.000,00

223.000,00

0,00

IV. Liabilities for deferred tax: 31400

3.120.000,00

3.457.000,00

5.631.000,00

7.257.000,00

115.000,00

V. Long-term accruals: 31500

0,00

VI. Non-current trade creditors : 31600

0,00

VII. Special long-term debts : 31700

0,00

C) CURRENT LIABILITIES : 32000

84.392.000,00

107.581.000,00

114.424.000,00

123.744.000,00

84.063.000,00

I. Liabilities linked to non-current assets held for sale: 32100

0,00

II. Short-term provisions: 32200

0,00

300.000,00

1. Provisions from greenhouse gas emission allowance: 32210

0,00

2. Other provisions: 32220

0,00

III. Short-term creditors : 32300

26.149.000,00

57.503.000,00

69.951.000,00

80.520.000,00

54.182.000,00

1. Liabilities and other securities: 32310

0,00

2. Amounts owed to credit institutions: 32320

25.142.000,00

56.600.000,00

69.405.000,00

80.058.000,00

53.923.000,00

3. Creditors from financial leasing: 32330

0,00

4. Derivatives : 32340

0,00

5. Other financial liabilities : 32350

1.007.000,00

903.000,00

546.000,00

462.000,00

259.000,00

IV. Short-term debts with Group companies and associates: 32400

14.514.000,00

11.585.000,00

689.000,00

1.116.000,00

0,00

V. Trade creditors and other accounts payable: 32500

43.371.000,00

38.046.000,00

43.340.000,00

41.632.000,00

28.999.000,00

1. Suppliers: 32510

15.471.000,00

15.627.000,00

15.813.000,00

14.854.000,00

7.357.000,00

a) Long-term debts : 32511

0,00

b) Short-term debts : 32512

15.471.000,00

15.627.000,00

15.813.000,00

14.854.000,00

7.357.000,00

2. Suppliers, Group companies and associates: 32520

10.247.000,00

4.297.000,00

9.559.000,00

3.969.000,00

7.274.000,00

3. Other creditors: 32530

9.472.000,00

10.632.000,00

10.207.000,00

10.254.000,00

8.484.000,00

4. Personnel (remuneration due): 32540

3.385.000,00

4.057.000,00

4.992.000,00

3.967.000,00

2.455.000,00

5. Liabilities for current tax: 32550

2.331.000,00

2.151.000,00

2.125.000,00

2.516.000,00

3.429.000,00

6. Other accounts payable to Public Administrations.: 32560

0,00

7. Advances from clients: 32570

2.465.000,00

1.282.000,00

644.000,00

6.072.000,00

0,00

VI. Short-term accruals: 32600

358.000,00

447.000,00

444.000,00

476.000,00

582.000,00

VII. Special short-term debts : 32700

0,00

TOTAL NET WORTH AND LIABILITIES (A + B + C) : 30000

370.630.000,00

354.186.000,00

382.339.000,00

414.141.000,00

401.025.000,00

ORIGINAL

Profit and Loss

2013

2012

2011

2010

2009

1. Net turnover: 40100

202.536.000,00

176.719.000,00

182.469.000,00

170.780.000,00

127.939.000,00

a) Sales: 40110

172.089.000,00

169.014.000,00

176.185.000,00

167.425.000,00

109.165.000,00

b) Rendering of services: 40120

8.123.000,00

7.705.000,00

6.284.000,00

3.355.000,00

18.774.000,00

c) Income of financial nature of holding companies: 40130

22.324.000,00

0,00

2. Changes in stocks of finished goods and work in progress: 40200

1.241.000,00

-1.244.000,00

-1.148.000,00

9.447.000,00

-3.742.000,00

3. Works carried out by the company for its assets: 40300

3.078.000,00

3.064.000,00

3.583.000,00

5.344.000,00

3.602.000,00

4. Supplies : 40400

-94.046.000,00

-93.005.000,00

-100.843.000,00

-104.934.000,00

-75.830.000,00

a) Stock consumption: 40410

-13.949.000,00

-16.066.000,00

-20.224.000,00

-26.464.000,00

-33.117.000,00

b) Consumption of raw materials and miscellaneous consumable ones: 40420

-79.949.000,00

-76.886.000,00

-80.445.000,00

-78.441.000,00

-42.713.000,00

c) Works carried out by other companies: 40430

-148.000,00

-53.000,00

-174.000,00

-29.000,00

0,00

d) Impairment of stock, primary material and other supplies: 40440

0,00

5. Other operating income: 40500

6.349.000,00

4.733.000,00

4.985.000,00

18.000,00

0,00

a) Auxiliary income and other from current management: 40510

6.316.000,00

4.684.000,00

4.849.000,00

3.000,00

0,00

b) Operation subsidies included in the Period's result: 40520

33.000,00

49.000,00

136.000,00

15.000,00

0,00

6. Personnel costs: 40600

-52.656.000,00

-53.919.000,00

-57.751.000,00

-56.575.000,00

-37.859.000,00

a) Wages, salaries et al.: 40610

-39.967.000,00

-41.549.000,00

-45.816.000,00

-44.608.000,00

-30.152.000,00

b) Social security costs: 40620

-12.689.000,00

-12.370.000,00

-11.935.000,00

-11.967.000,00

-7.707.000,00

c) Provisions : 40630

0,00

7. Other operating costs: 40700

-41.045.000,00

-44.813.000,00

-46.978.000,00

-47.576.000,00

-36.873.000,00

a) External services: 40710

-39.230.000,00

-43.388.000,00

-46.643.000,00

-47.025.000,00

-36.339.000,00

b) Taxes: 40720

-403.000,00

-372.000,00

-401.000,00

-295.000,00

-212.000,00

c) Losses, impairments and variation in provisions from trade operations : 40730

-1.330.000,00

-1.034.000,00

76.000,00

-208.000,00

-440.000,00

d) Other current management expenditure : 40740

-82.000,00

-19.000,00

-10.000,00

-48.000,00

118.000,00

e) Expenses due to greenhouse gas emissions: 40750

0,00

8. Amortisation of fixed assets: 40800

-8.398.000,00

-8.792.000,00

-9.564.000,00

-9.906.000,00

-5.657.000,00

9. Allocation of subsidies of non-financial fixed assets and other: 40900

479.000,00

489.000,00

652.000,00

630.000,00

16.000,00

10. Excess provisions : 41000

32.000,00

48.000,00

86.000,00

11.000,00

45.000,00

11. Impairment and result of transfers of fixed assets: 41100

12.000,00

-8.652.000,00

-2.712.000,00

-1.037.000,00

-124.000,00

a) Impairment and losses : 41110

0,00

-8.800.000,00

-3.362.000,00

0,00

-119.000,00

b) Results for transfers and other : 41120

12.000,00

148.000,00

650.000,00

-1.037.000,00

-5.000,00

c) Impairment and profit due to disposals of assets of holding companies: 41130

0,00

12. Negative difference in combined businesses: 41200

0,00

13. Other results : 41300

0,00

A.1) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 + 13) : 49100

17.582.000,00

-25.372.000,00

-27.221.000,00

-33.798.000,00

-28.483.000,00

14. Financial income : 41400

112.000,00

14.294.000,00

10.946.000,00

2.574.000,00

17.598.000,00

a) Of shares in equity instruments : 41410

0,00

14.136.000,00

10.501.000,00

2.239.000,00

16.524.000,00

a 1) In Group companies and associates: 41411

0,00

14.136.000,00

10.501.000,00

2.239.000,00

16.524.000,00

a 2) In third parties: 41412

0,00

b) From negotiable securities and other financial instruments : 41420

112.000,00

158.000,00

445.000,00

335.000,00

1.074.000,00

b 1) From Group companies and associates : 41421

0,00

b 2) From third parties : 41422

112.000,00

158.000,00

445.000,00

335.000,00

1.074.000,00

c) Allocation of financial subsidies, donations and legacies : 41430

0,00

15. Financial expenditure: 41500

-4.086.000,00

-4.309.000,00

-5.230.000,00

-3.940.000,00

-3.746.000,00

a) Amounts owed to Group companies and associates : 41510

-1.178.000,00

-179.000,00

-690.000,00

0,00

b) For debts with third parties : 41520

-2.908.000,00

-4.130.000,00

-4.540.000,00

-3.940.000,00

-3.746.000,00

c) Stock renewal : 41530

0,00

16. Changes in fair value of financial instruments : 41600

0,00

20.000,00

0,00

a) Trading book and other : 41610

0,00

b) Allocation of financial assets held for sale to the result for the period: 41620

0,00

20.000,00

0,00

17. Exchange rate differences : 41700

-781.000,00

-199.000,00

-1.672.000,00

3.355.000,00

-3.727.000,00

18. Impairment and result for transfers of financial instruments: 41800

-505.000,00

-5.693.000,00

4.845.000,00

256.000,00

-1.166.000,00

a) Impairment and losses : 41810

-505.000,00

-5.693.000,00

4.845.000,00

256.000,00

-1.166.000,00

b) Results for transfers and other : 41820

0,00

19. Other financial income and expenditure: 42100

0,00

a) Incorporation of financial expenditure to assets: 42110

0,00

b) Financial income from arrangement with creditors: 42120

0,00

c) Other income and expenditure: 42130

0,00

A.2) FINANCIAL REVENUE (14+15+16+17+18+19) : 49200

-5.260.000,00

4.093.000,00

8.909.000,00

2.245.000,00

8.959.000,00

A.3) NET RESULT BEFORE TAXES (A.1+A.2) : 49300

12.322.000,00

-21.279.000,00

-18.312.000,00

-31.553.000,00

-19.524.000,00

20. Income taxes: 41900

0,00

850.000,00

-1.083.000,00

6.001.000,00

6.499.000,00

A.4) PROFIT AFTER TAXES (A.3+20) : 49400

12.322.000,00

-20.429.000,00

-19.395.000,00

-25.552.000,00

-13.025.000,00

21. Result of the year coming from interrupted operations : 42000

0,00

A.5) RESULT OF THE PERIOD (A.4+21) : 49500

12.322.000,00

-20.429.000,00

-19.395.000,00

-25.552.000,00

-13.025.000,00

> Normal Balance Sheet under the rules of the 1990 General Accounting Plan (repealed since 1st January of 2008)

Information corresponding to the fiscal year 2013 2012 2011 2010 2009 has been compiled based on the equivalence criteria stipulated in Act JUS/206/2009. The methodology 2013 2012 2011 2010 2009 is taken from information submitted to the TRADE REGISTER.

EQUIVALENCIA

ASSETS

2013

2012

2011

2010

2009

A) SHAREHOLDERS (PARTNERS) BY UNCALLED SUSCRIBED CAPITAL:

0,00

B) FIXED ASSETS:

250.147.000,00

245.145.000,00

250.911.000,00

261.007.000,00

252.912.000,00

I. Formation expenses:

0,00

II. Intangible fixed assets:

60.032.000,00

59.748.000,00

67.505.000,00

68.954.000,00

6.606.000,00

1. Research and development costs:

6.461.000,00

6.874.000,00

7.904.000,00

7.874.000,00

4.922.000,00

2. Concessions, patents, licences, trademarks et al.:

151.000,00

140.000,00

166.000,00

149.000,00

150.000,00

3. Goodwill:

46.200.000,00

55.000.000,00

58.362.000,00

0,00

4. Key money paid for premises:

0,00

5. Software:

1.645.000,00

1.269.000,00

1.276.000,00

1.501.000,00

1.534.000,00

6. Assets under capital leases:

0,00

7. Payments on account:

5.575.000,00

5.265.000,00

3.159.000,00

1.068.000,00

0,00

8. Provisions:

0,00

9. Accumulated depreciation:

0,00

III. Tangible fixed assets:

47.811.000,00

50.789.000,00

55.086.000,00

60.077.000,00

22.379.000,00

1. Land and construction:

17.366.000,00

17.889.000,00

18.413.000,00

19.497.000,00

0,00

2. Technical installations and machinery:

16.314.162,00

17.922.878,00

19.997.102,00

22.119.577,00

11.841.667,00

3. Other installations, tools and furniture:

9.440.290,00

10.371.183,00

11.571.446,00

12.799.629,00

6.852.253,00

4. Payments on account and tangible fixed assets under construction:

691.000,00

212.000,00

202.000,00

238.000,00

782.000,00

5. Other tangible assets:

3.999.549,00

4.393.939,00

4.902.452,00

5.422.794,00

2.903.081,00

6. Provisions:

0,00

7. Accumulated depreciation:

0,00

IV. Financial investments:

142.304.000,00

134.608.000,00

128.320.000,00

131.976.000,00

223.066.000,00

1. Equity investments in group companies:

140.925.000,00

133.098.000,00

127.015.000,00

87.817.000,00

118.144.000,00

2. Receivables from group companies:

346.000,00

455.000,00

292.000,00

43.148.000,00

103.807.000,00

3. Equity investment in associated companies:

0,00

4. Credits to associated companies:

0,00

5. Long-term securities portfolio:

0,00

6. Other receivables:

0,00

7. Long term guarantees and deposits:

1.033.000,00

1.055.000,00

1.013.000,00

1.011.000,00

1.115.000,00

8. Provisions:

0,00

9. Long-term receivables from public bodies:

0,00

V. Own shares:

0,00

861.000,00

VI. Long-term trade receivables:

0,00

C) Deferred expenses:

0,00

D) CURRENT ASSETS:

120.483.000,00

109.041.000,00

131.428.000,00

153.134.000,00

148.974.000,00

I. Called-up share capital (not paid):

0,00

II. Stocks:

26.659.000,00

24.610.000,00

26.536.000,00

32.267.000,00

18.778.000,00

1. Goods for resale:

0,00

2. Raw materials and other consumables:

8.082.000,00

7.243.000,00

8.022.000,00

12.466.000,00

8.537.000,00

3. Goods in process and semifinished ones:

1.320.000,00

825.000,00

863.000,00

1.730.000,00

536.000,00

4. Finished products:

17.157.000,00

16.411.000,00

17.617.000,00

17.898.000,00

9.645.000,00

5. Byproducts, scrap and recovered materials:

0,00

6. Payments on account:

100.000,00

131.000,00

34.000,00

173.000,00

60.000,00

7. Provisions:

0,00

III. Debtors:

88.625.000,00

77.894.000,00

90.041.000,00

97.778.000,00

100.829.000,00

1. Trade debtors / accounts receivable:

16.889.000,00

23.108.000,00

26.284.000,00

31.071.000,00

24.682.000,00

2. Accounts receivable, Group companies:

32.227.000,00

19.443.000,00

24.965.000,00

28.726.000,00

45.366.000,00

3. Accounts receivable, associated companies:

0,00

4. Other debtors:

25.000,00

84.000,00

74.000,00

177.000,00

271.000,00

5. Staff:

0,00

6. Public bodies:

39.484.000,00

35.259.000,00

38.718.000,00

37.804.000,00

30.510.000,00

7. Provisions:

0,00

IV. Short-term investments:

7.000,00

2.225.000,00

1.129.000,00

4.245.000,00

13.252.000,00

1. Equity investments in group companies:

0,00

2. Receivables from group companies:

0,00

3. Equity investment in associated companies:

0,00

4. Credits to associated companies:

0,00

5. Short term securities portfolio:

0,00

6. Other receivables:

0,00

2.220.000,00

1.023.000,00

0,00

7. Shor term guarantees and deposits:

7.000,00

5.000,00

106.000,00

4.245.000,00

13.252.000,00

8. Provisions:

0,00

V. Short-term treasury shares:

0,00

VI. Cash at bank and in hand:

4.966.000,00

4.197.000,00

12.782.000,00

18.290.000,00

16.101.000,00

VII. Prepayments and accrued income:

226.000,00

115.000,00

940.000,00

554.000,00

14.000,00

GENERAL TOTAL (A + B + C + D):

370.630.000,00

354.186.000,00

382.339.000,00

414.141.000,00

401.886.000,00

MERCANTILE REGISTRY.

EQUIVALENCIA

LIABILITIES

2013

2012

2011

2010

2009

A) EQUITY:

243.100.000,00

230.563.500,00

251.660.700,00

270.852.000,00

282.704.100,00

I. Subscribed capital:

36.969.000,00

II. Share premium:

184.764.000,00

III. Revaluation reserves:

1.621.043,00

1.642.799,00

1.678.616,00

1.710.910,00

1.450.247,00

IV. Reserves:

85.824.957,00

85.588.701,00

86.221.084,00

85.985.090,00

72.545.853,00

1. Legal reserve:

6.321.000,00

6.320.000,00

2. Reserves for own shares:

0,00

3. Reserves for shares of the controlling company:

0,00

4. Statutory reserves:

0,00

5. Miscellaneous reserves:

79.503.957,00

79.267.701,00

79.901.084,00

79.665.090,00

66.225.853,00

Differences due to capital adjustement to euros:

0,00

V. Profit or loss brought forward:

-78.401.000,00

-57.972.000,00

-38.577.000,00

-13.025.000,00

0,00

1. Retained earnings:

0,00

2. Prior year losses:

-78.401.000,00

-57.972.000,00

-38.577.000,00

-13.025.000,00

0,00

3. Partners' contributions so as to compensate losses:

0,00

VI. Profit or loss for the financial year:

12.322.000,00

-20.429.000,00

-19.395.000,00

-25.552.000,00

-13.025.000,00

VII. Interim dividend paid:

0,00

VIII. Own shares for capital reduction:

0,00

B) Deferred income:

3.626.000,00

3.860.500,00

4.094.300,00

4.410.000,00

32.900,00

1. Capital grants:

3.626.000,00

3.860.500,00

4.094.300,00

4.410.000,00

32.900,00

2. Unrealised exchange gains:

0,00

3. Other deferred income:

0,00

4. Public revenues to distribute in several financial years:

0,00

C) PROVISIONS FOR LIABILITIES AND CHARGES:

342.000,00

0,00

1. Provisions for pension fund and other similar obligations:

0,00

2. Provisions for taxes:

0,00

3. Other provisions:

342.000,00

0,00

4. Reversion fund:

0,00

D) LONG TERM LIABILITIES:

39.170.000,00

12.181.000,00

12.160.000,00

15.135.000,00

35.086.000,00

I. Issued debentures and other marketable securities:

0,00

1. Non-convertible debentures:

0,00

2. Convertible debentures:

0,00

3. Other debt securities:

0,00

II. Amounts owed to credit institutions:

17.752.000,00

1.429.000,00

2.286.000,00

5.048.000,00

33.911.000,00

1. Loans and other liabilities:

17.752.000,00

1.429.000,00

2.286.000,00

5.048.000,00

33.911.000,00

2. Long-term liabilities from capital leases:

0,00

III. Debts with companies of the group and affiliated ones:

14.596.000,00

3.085.000,00

17.000,00

223.000,00

0,00

1. Amounts owed to group companies:

14.596.000,00

3.085.000,00

17.000,00

223.000,00

0,00

2. Amounts owed to associated companies:

0,00

IV. Other creditors:

6.822.000,00

7.667.000,00

9.857.000,00

9.864.000,00

1.175.000,00

1. Long-term bills of exchange payable:

0,00

2. Other creditors:

3.702.000,00

4.210.000,00

4.226.000,00

2.607.000,00

1.060.000,00

3. Long term guarantees and deposits received:

0,00

4. Long term payables to public bodies:

3.120.000,00

3.457.000,00

5.631.000,00

7.257.000,00

115.000,00

V. Unpaid portion of equity investment:

0,00

1. Group companies:

0,00

2. Associated companies:

0,00

3. Third parties:

0,00

VI. Long term trade creditors:

0,00

E) SHORT TERM CREDITORS:

84.392.000,00

107.581.000,00

114.424.000,00

123.744.000,00

83.763.000,00

I. Issued debentures and other marketable securities:

0,00

1. Non-convertible debentures:

0,00

2. Convertible debentures:

0,00

3. Other debt securities:

0,00

4. Accrued interest on debentures and other debt securities:

0,00

II. Amounts owed to credit institutions:

25.142.000,00

56.600.000,00

69.405.000,00

80.058.000,00

53.923.000,00

1. Loans and other liabilities:

25.142.000,00

56.600.000,00

69.405.000,00

80.058.000,00

53.923.000,00

2. Accrued interest on liabilities with credit institutions:

0,00

3. Short-term liabilities from capital leases:

0,00

III. Short-term amounts owed to group and associated companies:

24.761.000,00

15.882.000,00

10.248.000,00

5.085.000,00

7.274.000,00

1. Amounts owed to group companies:

24.761.000,00

15.882.000,00

10.248.000,00

5.085.000,00

7.274.000,00

2. Amounts owed to associated companies:

0,00

IV. Trade creditors:

27.408.000,00

27.541.000,00

26.664.000,00

31.180.000,00

15.841.000,00

1. Advanced payments from customers:

2.465.000,00

1.282.000,00

644.000,00

6.072.000,00

0,00

2. Amounts owed for purchases of goods or services:

24.943.000,00

26.259.000,00

26.020.000,00

25.108.000,00

15.841.000,00

3. Debts represented by notes payable:

0,00

V. Other creditors:

6.723.000,00

7.111.000,00

7.663.000,00

6.945.000,00

6.143.000,00

1. Public bodies:

2.331.000,00

2.151.000,00

2.125.000,00

2.516.000,00

3.429.000,00

2. Bills of exchange payable:

0,00

3. Miscellaneous debts:

1.007.000,00

903.000,00

546.000,00

462.000,00

259.000,00

4. Wages and salaries payable:

3.385.000,00

4.057.000,00

4.992.000,00

3.967.000,00

2.455.000,00

5. Guarantees and deposits received at short term:

0,00

VI. Provisions:

0,00

VII. Prepayments and accrued income:

358.000,00

447.000,00

444.000,00

476.000,00

582.000,00

F) SHORT-TERM PROVISIONS FOR LIABILITIES AND CHARGES:

0,00

300.000,00

GENERAL TOTAL (A + B + C + D + E + F):

370.630.000,00

354.186.000,00

382.339.000,00

414.141.000,00

401.886.000,00

MERCANTILE REGISTRY.

EQUIVALENCIA

DEBIT

2013

2012

2011

2010

2009

A) CHARGES (A.1 to A.15):

201.517.000,00

219.924.000,00

222.786.000,00

217.711.000,00

162.225.000,00

A.1. Stock reduction of both manufactured goods and the ones in process:

0,00

1.244.000,00

1.148.000,00

0,00

3.742.000,00

A.2. Supplies:

94.046.000,00

93.005.000,00

100.843.000,00

104.934.000,00

75.830.000,00

a) Stock consumption:

13.949.000,00

16.066.000,00

20.224.000,00

26.464.000,00

33.117.000,00

b) Consumption of raw materials and miscellaneous consumable ones:

79.949.000,00

76.886.000,00

80.445.000,00

78.441.000,00

42.713.000,00

c) Miscellaneous external expenditure:

148.000,00

53.000,00

174.000,00

29.000,00

0,00

A.3. Staff costs:

52.656.000,00

53.919.000,00

57.751.000,00

56.575.000,00

37.859.000,00

a) Wages, salaries et al.:

39.967.000,00

41.549.000,00

45.816.000,00

44.608.000,00

30.152.000,00

b) Social security costs:

12.689.000,00

12.370.000,00

11.935.000,00

11.967.000,00

7.707.000,00

A.4. Depreciation expense:

8.398.000,00

8.792.000,00

9.564.000,00

9.906.000,00

5.657.000,00

A.5. Variation of trade provisions and losses of unrecovered receivables:

1.330.000,00

1.034.000,00

-76.000,00

208.000,00

440.000,00

a) Stock provision variation:

0,00

b) Variation in provision and bad debt losses:

1.330.000,00

1.034.000,00

-76.000,00

208.000,00

440.000,00

c) Variation of other trade provisions:

0,00

A.6. Other operating charges:

39.715.000,00

43.779.000,00

47.054.000,00

47.368.000,00

36.433.000,00

a) External services:

39.230.000,00

43.388.000,00

46.643.000,00

47.025.000,00

36.339.000,00

b) Taxes:

403.000,00

372.000,00

401.000,00

295.000,00

212.000,00

c) Other operating expenses:

82.000,00

19.000,00

10.000,00

48.000,00

-118.000,00

d) Allocation to revision fund:

0,00

A.I. OPERATING BENEFITS (B.1+B.2+B.3+B.4-A.1-A.2-A.3-A.4-A.5-A.6):

0,00

A.7. Financial and similar charges:

4.674.061,00

21.185.766,00

833.681,00

3.707.707,00

4.912.000,00

a) Due to liabilities with companies of the group:

1.178.000,00

179.000,00

690.000,00

0,00

b) Due to liabilities with associated companies:

0,00

c) Due to other debts.:

2.908.000,00

4.130.000,00

4.540.000,00

3.940.000,00

3.746.000,00

d) Losses from financial investments:

588.061,00

16.876.766,00

-4.396.319,00

-232.293,00

1.166.000,00

A.8. Changes in financial investment provisions:

0,00

A.9. Exchange losses:

781.000,00

199.000,00

1.672.000,00

0,00

3.727.000,00

A.II. NET FINANCIAL INCOME (B.5+B.6+B.7+B.8-A.7-A.8-A.9):

0,00

8.460.319,00

2.221.293,00

8.959.000,00

A.III. PROFIT FROM ORDINARY ACTIVITIES (A.I+A.II-B.I-B.II):

0,00

A.10. Changes in provisions for intangible, tangible and securities portfolio:

-83.061,00

-2.383.766,00

2.913.319,00

-23.707,00

119.000,00

A.11. Losses from tangible and intangible fixed assets and securities portfolio:

0,00

1.037.000,00

5.000,00

A.12. Losses from transactions with own shares and debentures:

0,00

A.13. Extraordinary expenses:

0,00

A.14. Expenses and losses of former financial years:

0,00

A.IV. EXTRAORDINARY PROFIT (B.9+B.10+B.11+B.12+B.13-A.10-A.11-A.12-A.13-A.14):

574.061,00

3.020.766,00

0,00

A.V. PROFIT BEFORE TAXES (A.III+A.IV-B.III-B.IV):

0,00

A.15. Corporation tax:

0,00

-850.000,00

1.083.000,00

-6.001.000,00

-6.499.000,00

A.16. Miscellaneous taxes:

0,00

A.VI. FINANCIAL YEAR RESULTS (PROFIT) (A.V-A.15-A.16):

0,00

MERCANTILE REGISTRY.

EQUIVALENCIA

CREDIT

2013

2012

2011

2010

2009

B) INCOME ( B.1 to B.13):

191.515.000,00

199.495.000,00

203.391.000,00

192.159.000,00

149.200.000,00

B.1. Net total sales:

180.212.000,00

176.719.000,00

182.469.000,00

170.780.000,00

127.939.000,00

a) Sales:

186.595.432,00

183.261.221,00

191.036.708,00

181.538.275,00

118.367.184,00

b) Rendering of services:

8.123.000,00

7.705.000,00

6.284.000,00

3.355.000,00

18.774.000,00

Returns and Rappel on sales:

-14.506.432,00

-14.247.221,00

-14.851.708,00

-14.113.275,00

-9.202.184,00

B.2. Stock increase of manufactured goods and products in process:

1.241.000,00

0,00

9.447.000,00

0,00

B.3. Works performed by the company for fixed assets:

3.078.000,00

3.064.000,00

3.583.000,00

5.344.000,00

3.602.000,00

B.4. Miscellaneous operating income:

6.381.000,00

4.781.000,00

5.071.000,00

29.000,00

45.000,00

a) Auxiliary income and other from current management:

6.316.000,00

4.684.000,00

4.849.000,00

3.000,00

0,00

b) Grants:

33.000,00

49.000,00

136.000,00

15.000,00

0,00

c) Liabilities and charges provisions surplus:

32.000,00

48.000,00

86.000,00

11.000,00

45.000,00

B.I. PÉRDIDAS DE EXPLOTACIÓN (A.1+A.2+A.3+A.4+A.5-A.6-B.1-B.2-B.3-B.4):

5.233.000,00

17.209.000,00

25.161.000,00

33.391.000,00

28.375.000,00

B.5. Income from equity investment:

0,00

14.136.000,00

10.501.000,00

2.239.000,00

16.524.000,00

a) In companies of the group:

0,00

14.136.000,00

10.501.000,00

2.239.000,00

16.524.000,00

b) In associated companies:

0,00

c) Third parties:

0,00

B.6. Income from other marketable securities and long-term receivables:

75.525,00

106.544,00

300.077,00

225.900,00

724.230,00

a) From companies of the group:

0,00

b) From associated companies:

0,00

c) From companies out of the group:

75.525,00

106.544,00

300.077,00

225.900,00

724.230,00

B.7. Miscellaneous interests or similar income:

36.475,00

51.456,00

164.923,00

109.100,00

349.770,00

a) From companies of the group:

0,00

b) From associated companies:

0,00

c) Miscellaneous interests:

36.475,00

51.456,00

144.923,00

109.100,00

349.770,00

d) Profit on financial investment:

0,00

20.000,00

0,00

B.8. Exchange positive differences:

0,00

3.355.000,00

0,00

B.II. NEGATIVE FINANCIAL RESULTS (A.7+A.8+A.9-B.5-B.6-B.7-B.8):

5.343.061,00

7.090.766,00

0,00

B.III. LOSSES ON ORDINARY ACTIVITIES ( B.I + B.II - A.I - A.II ):

10.576.061,00

24.299.766,00

16.700.681,00

31.169.707,00

19.416.000,00

B.9.Profit on disposal of both tangible and intangible fixed assets and securities portfolio:

12.000,00

148.000,00

650.000,00

0,00

B.10. Profit on transactions with own shares and debentures:

0,00

B.11. Capital grants transferred to profit and loss:

479.000,00

489.000,00

652.000,00

630.000,00

16.000,00

B.12. Extraordinary income:

0,00

B.13. Income and profit of former financial years:

0,00

B.IV. NEGATIVE EXTRAORDINARY RESULTS (A.10+A.11+A.12+A.13+A.14-B.9-B.10-B.11-B.12-B.13):

0,00

1.611.319,00

383.293,00

108.000,00

B.V. LOSSES BEFORE TAXES (B.III+B.IV-A.III-A.IV):

10.002.000,00

21.279.000,00

18.312.000,00

31.553.000,00

19.524.000,00

B.VI. RESULT OF THE PERIOD (LOSSES) (B.V+A.15+A.16):

10.002.000,00

20.429.000,00

19.395.000,00

25.552.000,00

13.025.000,00

MERCANTILE REGISTRY.

CASHFLOW STATEMENT

Model: Normal

> Source of information: Data contained in this section is taken from the information declared in the Annual Accounts submitted to the Trade Register.

~'This company is not active, since it has been more than 6 years without entering any registration in the Companies House~'

2013

2012

2011

2010

2009

1. Fiscal year result before taxes.: 61100

12.322.000,00

-21.279.000,00

-18.312.000,00

-31.553.000,00

-19.524.000,00

2. Results adjustments.: 61200

-7.517.000,00

13.873.000,00

3.080.000,00

8.091.000,00

1.864.000,00

a) Fixed Assets Amortization (+).: 61201

8.398.000,00

8.792.000,00

9.564.000,00

9.906.000,00

5.657.000,00

b) Obsolescence Allowances (+/-). : 61202

505.000,00

14.493.000,00

-1.426.000,00

-8.000,00

1.361.000,00

c) Variation in Provision (+/-). : 61203

310.000,00

-48.000,00

86.000,00

0,00

d) Allocation of grants (-).: 61204

-479.000,00

-489.000,00

-652.000,00

-441.000,00

-16.000,00

e) Results on disposal of fixed assets (+/-). : 61205

-12.000,00

-148.000,00

-650.000,00

1.037.000,00

124.000,00

g) Financial income (-).: 61207

-22.436.000,00

-14.269.000,00

-10.750.000,00

-2.574.000,00

-14.448.000,00

h) Financial Expenses (+). : 61208

4.086.000,00

4.309.000,00

5.236.000,00

3.940.000,00

3.746.000,00

i) Exchange differences (+/-). : 61209

781.000,00

199.000,00

1.672.000,00

-3.355.000,00

3.727.000,00

k) Other income and expense (-/+). : 61211

1.330.000,00

1.034.000,00

0,00

-414.000,00

1.713.000,00

3. Changes in current capital equity.: 61300

-7.141.000,00

6.950.000,00

11.584.000,00

23.902.000,00

30.371.000,00

a) Stock (+/-).: 61301

-2.049.000,00

1.926.000,00

5.731.000,00

-1.258.000,00

8.297.000,00

d) Debtors and other accounts receivable (+/-). : 61302

-7.895.000,00

10.628.000,00

5.759.000,00

21.699.000,00

33.268.000,00

c) Other current assets (+/-). : 61303

-111.000,00

133.000,00

-386.000,00

1.458.000,00

-1.155.000,00

d) Creditors and other accounts payable (+/-). : 61304

4.053.000,00

-5.243.000,00

1.589.000,00

2.003.000,00

-4.695.000,00

f) Other non-current assets and liabilities (+/-).: 61306

-1.139.000,00

-494.000,00

-1.109.000,00

0,00

-5.344.000,00

4. Other cash flows for operating activities.: 61400

13.379.000,00

9.242.000,00

5.884.000,00

152.000,00

9.645.000,00

a) Interest payments (-). : 61401

-3.998.000,00

-3.830.000,00

-4.509.000,00

-3.940.000,00

-3.746.000,00

b) Dividend payment collection (+). : 61402

19.404.000,00

12.914.000,00

9.282.000,00

1.399.000,00

13.374.000,00

c) Interest collection (+). : 61403

112.000,00

158.000,00

1.111.000,00

1.175.000,00

1.074.000,00

d) Income tax payment collection (payments) (+/-).: 61404

-2.139.000,00

0,00

1.518.000,00

-1.057.000,00

5. Operating activity cash flows (1 + 2 + 3 + 4) : 61500

11.043.000,00

8.786.000,00

2.236.000,00

592.000,00

22.356.000,00

6. Payments for investment (-).: 62100

-9.255.000,00

-17.904.000,00

-13.244.000,00

-15.396.000,00

-24.051.000,00

a) Companies of the group and affiliates. : 62101

-3.192.000,00

-11.939.000,00

0,00

b) Intangible fixed assets. : 62102

-4.547.000,00

-4.463.000,00

-5.346.000,00

-6.556.000,00

-2.954.000,00

c) Fixed assets. : 62103

-1.516.000,00

-1.502.000,00

-2.248.000,00

-4.594.000,00

-3.690.000,00

e) Other financial assets. : 62105

0,00

-5.650.000,00

-4.246.000,00

-17.407.000,00

7. Divestment payment collection (+). : 62200

503.000,00

676.000,00

19.321.000,00

17.388.000,00

17.772.000,00

c) Fixed assets. : 62203

371.000,00

575.000,00

1.752.000,00

1.907.000,00

1.369.000,00

e) Other financial assets. : 62205

0,00

13.430.000,00

4.302.000,00

0,00

g) Business Unit : 62207

0,00

2.209.000,00

0,00

h) Other assets. : 62208

132.000,00

101.000,00

4.139.000,00

8.970.000,00

16.403.000,00

8. Investment activity cash flows (6 + 7) minus Amortization: 62300

-8.752.000,00

-17.228.000,00

6.077.000,00

1.992.000,00

-6.279.000,00

9. Payment collection and payments for equity instruments. : 63100

0,00

10.000,00

5.000,00

4.765.000,00

-16.000,00

a) Issuance of equity instruments (+). : 63101

0,00

40.114.000,00

0,00

c) Acquisition of own equity instruments (-). : 63103

0,00

-38.784.000,00

-16.000,00

d) Disposal of own equity instruments (+). : 63104

0,00

223.000,00

0,00

e) Grants, donations and bequests received (+). : 63105

0,00

10.000,00

5.000,00

3.212.000,00

0,00

10. Payment collection and payments for financial liabilities instruments.: 63200

-741.000,00

46.000,00

-12.154.000,00

-7.902.000,00

-22.749.000,00

a) Issuance : 63201

22.006.000,00

63.181.000,00

17.645.000,00

84.487.000,00

0,00

2. Debts incurred with credit institutions (+). : 63203

1.227.000,00

48.510.000,00

17.645.000,00

84.487.000,00

0,00

3. Debts incurred with companies of the group and affiliates (+).: 63204

20.779.000,00

14.671.000,00

0,00

b) Repayment and amortization of : 63207

-22.747.000,00

-63.135.000,00

-29.799.000,00

-92.389.000,00

-22.749.000,00

2. Debts incurred with credit institutions (-).: 63209

-16.320.000,00

-62.429.000,00

-29.593.000,00

-92.389.000,00

-22.749.000,00

3. Debts incurred with companies of the group and affiliates (-). : 63210

-6.427.000,00

-706.000,00

-206.000,00

0,00

11. Payments from dividends and remunerations from other assets instruments. : 63300

0,00

-18.070.000,00

a) Dividends (-).: 63301

0,00

-18.070.000,00

12. Cash flows for financing activities (9+10+11).: 63400

-741.000,00

56.000,00

-12.149.000,00

-3.137.000,00

-40.835.000,00

D) EFFECT OF EXCHANGE RATE CHANGES: 64000

-781.000,00

-199.000,00

-1.672.000,00

2.742.000,00

-3.727.000,00

E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) : 65000

769.000,00

-8.585.000,00

-5.508.000,00

2.189.000,00

-28.485.000,00

Cash or equivalent assets as of beginning of the fiscal year.: 65100

4.197.000,00

12.782.000,00

18.290.000,00

16.101.000,00

44.586.000,00

Cash or equivalent assets as of end of the fiscal year.: 65200

4.966.000,00

4.197.000,00

12.782.000,00

18.290.000,00

16.101.000,00

FINANCIAL DIAGNOSIS

> Economic-Financial Comparative Analysis

Data used in the following ratios and indicators is taken from the Annual Accounts submitted by the company to the TRADE REGISTER.

> Comparison within the Sector

Cash Flow

2013

2012

Variación 2013 - 2012

Empresa

Sector

Empresa

Sector

Empresa

Sector

Cash Flow over Sales:

0,00 %

-0,09 %

-0,05 %

0,01 %

107,82 %

-1.294,48 %

EBITDA over Sales:

12,57 %

10,42 %

-4,79 %

9,24 %

362,40 %

12,75 %

Cash Flow Yield:

0,00 %

-0,04 %

-0,02 %

0,00 %

108,56 %

Profitability

2013

2012

Variación 2013 - 2012

Empresa

Sector

Empresa

Sector

Empresa

Sector

Operating economic profitability:

7,70 %

6,43 %

-11,67 %

5,24 %

165,97 %

22,68 %

Total economic profitability:

4,43 %

3,49 %

-4,79 %

2,51 %

192,40 %

38,84 %

Financial profitability:

5,10 %

4,31 %

-8,90 %

1,36 %

157,24 %

216,08 %

Margin:

8,29 %

5,86 %

-13,75 %

4,85 %

160,32 %

20,79 %

Mark-up:

5,81 %

3,88 %

-11,53 %

1,63 %

150,41 %

137,92 %

Solvency

2013

2012

Variación 2013 - 2012

Empresa

Sector

Empresa

Sector

Empresa

Sector

Liquidity:

0,06

0,14

0,04

0,12

50,84

22,30

Acid Test:

0,69

0,86

0,46

0,85

48,46

0,86

Working Capital / Investment:

0,00

0,02

-0,09

0,03

101,96

-19,85

Solvency:

1,43

1,17

1,01

1,17

40,85

-0,42

Indebtedness

2013

2012

Variación 2013 - 2012

Empresa

Sector

Empresa

Sector

Empresa

Sector

Indebtedness level:

0,50

1,51

0,51

1,64

-1,97

-7,64

Borrowing Composition:

0,46

1,04

0,11

1,03

309,93

0,61

Repayment Ability:

160,68

-13,45

-13,95

165,21

1.251,81

-108,14

Warranty:

3,00

1,67

2,96

1,62

1,42

3,19

Generated resources / Total creditors:

0,17

0,08

-0,05

0,07

446,10

18,30

Efficiency

2013

2012

Variación 2013 - 2012

Empresa

Sector

Empresa

Sector

Empresa

Sector

Productivity:

1,48

1,84

0,84

1,73

75,97

6,46

Turnover of Collection Rights :

3,98

5,06

4,24

4,82

-6,00

5,13

Turnover of Payment Entitlements:

3,14

3,61

3,59

3,52

-12,43

2,49

Stock rotation:

7,31

7,66

8,20

6,59

-10,83

16,31

Assets turnover:

0,93

1,10

0,85

1,08

9,36

1,56

Borrowing Cost:

3,31

2,84

3,60

2,95

-8,09

-3,51

> Trend of indicators under the General Accounting Plan of 2007 (2013, 2012, 2011, 2010, 2009)

Cash Flow

2013

2012

2011

2010

2009

Cash Flow over Sales:

0,00 %

-0,05 %

-0,03 %

0,01 %

-0,22 %

EBITDA over Sales:

12,57 %

-4,79 %

-8,59 %

-13,76 %

-17,79 %

Cash Flow Yield:

0,00 %

-0,02 %

-0,01 %

0,01 %

-0,07 %

Profitability

2013

2012

2011

2010

2009

Operating economic profitability:

7,70 %

-11,67 %

-10,76 %

-12,16 %

-17,29 %

Total economic profitability:

4,43 %

-4,79 %

-3,42 %

-6,67 %

-3,93 %

Financial profitability:

5,10 %

-8,90 %

-7,76 %

-9,49 %

-4,61 %

Margin:

8,29 %

-13,75 %

-14,25 %

-19,19 %

-21,65 %

Mark-up:

5,81 %

-11,53 %

-9,59 %

-17,91 %

-14,84 %

Solvency

2013

2012

2011

2010

2009

Liquidity:

0,06

0,04

0,11

0,15

0,19

Acid Test:

0,69

0,46

0,60

0,68

1,26

Working Capital / Investment:

0,00

-0,09

-0,05

-0,02

0,10

Solvency:

1,43

1,01

1,15

1,24

1,78

Indebtedness

2013

2012

2011

2010

2009

Indebtedness level:

0,50

0,51

0,49

0,50

0,42

Borrowing Composition:

0,46

0,11

0,12

0,42

Repayment Ability:

160,68

-13,95

-22,98

63,44

-4,17

Warranty:

3,00

2,96

3,02

2,98

3,37

Generated resources / Total creditors:

0,17

-0,05

-0,12

-0,11

-0,05

Efficiency

2013

2012

2011

2010

2009

Productivity:

1,48

0,84

0,73

0,58

0,40

Turnover of Collection Rights :

3,98

4,24

3,48

2,88

1,73

Turnover of Payment Entitlements:

3,14

3,59

3,38

3,89

3,76

Stock rotation:

7,31

8,20

8,15

6,49

8,52

Assets turnover:

0,93

0,85

0,76

0,63

0,80

Borrowing Cost:

3,31

3,60

4,13

2,84

3,15

COMPARATIVE SECTORIAL BALANCE

Sector-based Comparison under the rules of the New General Accounting Plan.

~'This company is not active, since it has been more than 6 years without entering any registration in the Companies House~'

Variación -

Empresa

Sector

~'This company is not active, since it has been more than 6 years without entering any registration in the Companies House~'

Variación -

Empresa

Sector

~'This company is not active, since it has been more than 6 years without entering any registration in the Companies House~'

Variación -

Empresa

Sector

News

Alimarket

17/10/2014

Mecalux crece ligeramente gracias al continente americano

Companies related

Expansión.com

24/09/2014

Mecalux crece en Cornellà con una nave de 6.800 metros cuadrados

Companies related

Public Tenders and Works Won

Organisation that calls the tender:

CENTRO INTERMODAL DE LOGISTICA SA CILSA

Objective of Tender:

CONTRATACION DE LOS TRABAJOS DE SUMINISTRO, INSTALACION Y MONTAJE DE ESTANTERIAS PARA ALMACENAMIENTO DE PALETS EN LA NAVE A 8 3 2 DE LA ZONA DE ACTIVIDADES LOGISTICAS DEL PORT DE BARCELONA

Date Awarded:

25/04/2014

Cost:

134.743,18 EURO.

Organisation that calls the tender:

AYUNTAMIENTO DE ARANDA DE DUERO

Objective of Tender:

SUMINISTRO E INSTALACION DE ESTANTERIAS PARA LA NAVE SITA EN LA CALLE TOLEDO DE ARANDA DE DUERO

Date Awarded:

18/04/2013

Cost:

19.808,91 EURO.

Organisation that calls the tender:

SERVICIO CATALAN DE LA SALUD

Objective of Tender:

EQUIPAMIENTO DE MOBILIARIO Y MATERIAL DIVERSO PARA EL NUEVO HOSPITAL DE LA CERDANYA, EN PUIGCERDA C COODIGO CPV 331920000

Date Awarded:

30/10/2012

Cost:

17.096,09 EURO.

Organisation that calls the tender:

SERVICIO CATALAN DE LA SALUD

Objective of Tender:

EQUIPAMIENTO DE MOBILIARIO I MATERIAL DIVERSO PARA HOSPITALES, CENTROS DE ATENCION PRIMARIA Y OTROS CENTROS ASISTENCIALES DEPENDIENTES DEL CATSALUT C COODIGO CPV 331920000

Date Awarded:

15/05/2012

Cost:

23.459,58 EURO.

Organisation that calls the tender:

MUTUA UNIVERSAL MUGENAT MUTUA DE ACCIDENTES DE TRABAJO Y ENFERMEDADES PROFESIONALES DE LA SEGURIDAD SOCIAL N 10

Objective of Tender:

SUMINISTRO E INSTALACION DE LOS SISTEMAS DE ALMACENAJE EN EL NUEVO ARCHIVO DE MUTUA UNIVERSAL

Date Awarded:

16/01/2012

Cost:

521.229,60 EURO.

Organisation that calls the tender:

SERVICIO CATALAN DE LA SALUD

Objective of Tender:

EQUIPAMIENTO, A CARGO DEL ACUERDO MARCO DE EQUIPAMIENTO DE MOBILIARIO DE OFICINA CON DESTINACION A LOS DEPARTAMENTOS DE LA GENERALITAT DE CATALUNYA Y ENTIDADES ADHERIDAS, APROBADO POR LA COMISION CENTRAL DE SUMINISTROS DE LA GENERALITAT DE CATALUNYA EXP 2008 6 , DE MOBILIARIO Y MATERIAL DIVERSO PARA HOSPITALES, CENTROS DE ATENCION PRIMARIA, CONSULTORIOS LOCALES Y OTROS CENTROS ASISTENCIALES DEPENDIENTES DEL CATSALUT

Date Awarded:

19/08/2011

Cost:

37.408,00 EURO.

Organisation that calls the tender:

DEPARTAMENTO DE JUSTICIA DE LA COMUNIDAD AUTONOMA DE CATALUÑA

Objective of Tender:

SUMINISTRO Y MONTAJE DE ESTANTERIAS EN EL CENTRO PENITENCIARIO PUIG DE LES BASSES

Date Awarded:

17/12/2010

Cost:

Importe compartido entre distintos Contratistas

Organisation that calls the tender:

DEPARTAMENTO DE INTERIOR RELACIONES INSTITUCIONALES Y PARTICIPACION DE LA COMUNIDAD AUTONOMA DE CATALUÑA

Objective of Tender:

SUMINISTRO DE MOBILIARIO PARA EQUIPAR LOS PARQUES DE BOMBEROS DE GAVA, SANT ANTONI DE VILAMAJOR, MOLLERUSSA Y CERDANYOLA DEL VALLES, DIVIDIDO EN 4 LOTES

Date Awarded:

11/03/2010

Cost:

Lote 4: Importe neto 2.342 euros. IVA (16%) 374,72 euros. Importe total 2.716,72 euros

Organisation that calls the tender:

AYUNTAMIENTO DE REUS

Objective of Tender:

SUBMINISTRAMENT DE COMPACTES MOBILS PER AL NOU ARXIU COMARCAL DEL BAIX CAMP

Date Awarded:

13/10/2009

Cost:

194.880,00 EURO.

Organisation that calls the tender:

UNIVERSIDAD DE LLEIDA

Objective of Tender:

Suministro y montaje de estanterías metálicas para el equipamiento GEPA.

Date Awarded:

06/06/2008

Cost:

290.000,00 EURO.

Organisation that calls the tender:

DEPARTAMENTO DE INTERIOR RELACIONES INSTITUCIONALES Y PARTICIPACION DE LA COMUNIDAD AUTONOMA DE CATALUÑA

Objective of Tender:

SUMINISTRO DE DIVERSO MOBILIARIO PARA LAS SEDES DE LOS SERVICIOS TERRITORIALES DEL DEPARTAMENTO A LA CATALUÑA CENTRAL, AL ALTO PIRINEO Y ARAN, A LAS TIERRAS DEL EBRO, A LERIDA Y A TARRAGONA, DIVIDIDO EN 13 LOTES

Date Awarded:

31/03/2008

Cost:

Lote 13: 4.092,00 IVA incluido.

Organisation that calls the tender:

DEPARTAMENTO DE EDUCACION CULTURA Y DEPORTE DE LA COMUNIDAD AUTONOMA DE ARAGON

Objective of Tender:

suministro e instalación de estanterías para el Museo de Huesca

Date Awarded:

05/10/2007

Cost:

61.500,00 EURO.

Organisation that calls the tender:

COORDINACIO LOGISTICA SANITARIA AIE

Objective of Tender:

subministrament de prestatgeries amb destí al magatzem de l Agrupació d Interès Econòmic Coordinació Logística Sanitària

Date Awarded:

08/06/2006

Cost:

200.000,00 EURO.

Organisation that calls the tender:

INSTITUTO CATALAN DE LA SALUD ICS

Objective of Tender:

SUMINISTRO DE MOBILIARIO PARA EL HOSPITAL UNIVERSITARIO ARNAU DE VILANOVA DE LLEIDA

Date Awarded:

26/11/2002

Cost:

6.915,92 EURO.

Organisation that calls the tender:

AYUNTAMIENTO DE BARBASTRO

Objective of Tender:

ADQUISICION DE ESTANTERIAS PARA LAS NAVES DE SERVICIOS

Date Awarded:

17/07/2002

Cost:

20.451,00 EURO.

Detail of Subsidies appearing in Balances Memories

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

1.055.000,00

Notes

importe corresponde al traspasado a resultados

Entity

INSTITUTO DE DESARROLLO ECONOMICO DEL PRINCIPADO DE ASTURIAS

Status

CONCEDIDA

Amount Granted

218.000,00

Notes

importe corresponde al traspasado a resultados

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

106.000,00

Notes

importe corresponde al traspasado a resultados

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA

Status

CONCEDIDA

Amount Granted

54.000,00

Notes

importe corresponde al traspasado a resultados

Entity

INSTITUTO DE DESARROLLO ECONOMICO DEL PRINCIPADO DE ASTURIAS (IDEPA)

Status

CONCEDIDA

Amount Granted

2.571.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

INSTITUTO DE DESARROLLO ECONOMICO DEL PRINCIPADO DE ASTURIAS (IDEPA)

Status

CONCEDIDA

Amount Granted

2.414.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

1.197.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

635.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

597.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

289.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

270.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

MINISTERIO DE ECONOMIA Y HACIENDA

Status

CONCEDIDA

Amount Granted

216.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE ECONOMIA Y HACIENDA

Status

CONCEDIDA

Amount Granted

208.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

200.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

191.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

L.I.R

Status

CONCEDIDA

Amount Granted

189.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

177.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

L.I.R

Status

CONCEDIDA

Amount Granted

176.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

171.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

166.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

158.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

149.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

143.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

AGENCIA DE DESARROLLO ECONOMICO

Status

CONCEDIDA

Amount Granted

135.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

AGENCIA DE DESARROLLO ECONOMICO

Status

CONCEDIDA

Amount Granted

109.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

INSTITUTO DE FOMENTO REGIONAL (IFR)

Status

CONCEDIDA

Amount Granted

75.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

73.000,00

Notes

El importe reflejado corresponde al saldo imputado a resultados en este ejercicio.

Entity

INSTITUTO DE FOMENTO REGIONAL (IFR)

Status

CONCEDIDA

Amount Granted

72.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

59.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

58.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

51.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

51.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

50.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

48.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

46.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

MINISTERIO DE INDUSTRIA Y ENERGIA (MINER)

Status

CONCEDIDA

Amount Granted

44.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

44.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

INSTITUTO DE CREDITO OFICIAL (ICO)

Status

CONCEDIDA

Amount Granted

31.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

INSTITUTO DE CREDITO OFICIAL (ICO)

Status

CONCEDIDA

Amount Granted

21.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

5.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

4.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

4.000,00

Notes

El importe reflejado corresponde al saldo pendiente de imputación al cierre del ejercicio.

Entity

CONSORCIO DE PROMOCION COMERCIAL DE CATALUÑA (COPCA)

Status

CONCEDIDA

Amount Granted

1.000,00

Notes

El importe es el saldo a fines del ejercicio 2010.

Entity

CONSORCIO DE PROMOCION COMERCIAL DE CATALUÑA (COPCA)

Status

CONCEDIDA

Amount Granted

1.000,00

Notes

El importe reflejado corresponde al saldo imputado a resultados en este ejercicio.

Entity

ORGANISMO NO ESPECIFICADO

Status

CONCEDIDA

Amount Granted

77.000,00

Notes

Subvenciones oficiales destinadas a proyectos medioambientales.

Research Summary

Sources

Registry of Commerce's Official Gazette. Own and external data bases Company References

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.61.52
UK Pound	1	Rs.97.39
Euro	1	Rs.76.16

INFORMATION DETAILS

Analysis Done by :	SUB

Report Prepared by :	NIT

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.