MIRA INFORM REPORT
|
Report Date : |
13.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
EURO-YSER-PRODUTOS QUIMICOS SA |
|
|
|
|
Registered Office : |
Rua Castilho, nº
13 D, 4º B, Lisboa, 1250-055-Lisboa, Lisboa |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
27.09.1994 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of resin and its derivatives |
|
|
|
|
No of Employees : |
81 |
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 : |
-- |
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) |
|
Portugal |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
PORTUGAL - ECONOMIC
OVERVIEW
Portugal has become a
diversified and increasingly service-based economy since joining the European
Community - the EU's predecessor - in 1986. Over the following two decades,
successive governments privatized many state-controlled firms and liberalized
key areas of the economy, including the financial and telecommunications
sectors. The country qualified for the Economic and Monetary Union (EMU) in
1998 and began circulating the euro on 1 January 2002 along with 11 other EU
members. The economy grew by more than the EU average for much of the 1990s,
but the rate of growth slowed in 2001-08. The economy contracted in 2009, and
fell again from 2011 to 2013, as the government implemented spending cuts and
tax increases to comply with conditions of an EU-IMF financial rescue package,
signed in May 2011. Austerity measures also have contributed to record
unemployment and a wave of emigration not seen since the 1960s. Booming exports
will contribute to growth and employment in 2014, but the need to continue to
reduce private- and public-sector debt could weigh on consumption and
investment. The government of Pedro PASSOS COELHO has stated its intention to
reduce labor market rigidity, and, this, along with steps to trim the budget
deficit, could make Portugal more attractive to foreign investors. The
government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in
2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts,
public debt has continued to grow and, in 2013, stands among the highest in the
EU. As a result, the government may have difficulty regaining full bond market
financing when the EU-IMF financing program expires in May 2014.
|
Source
: CIA |
Identification
|
Name |
EURO-YSER-PRODUTOS
QUIMICOS SA |
|
V.A.T. Number / NIF |
503270130 |
|
Address |
Rua Castilho, nº 13 D, 4º B |
|
Locality |
LISBOA |
|
Postal Code |
1250-055-LISBOA |
|
Municipality |
LISBOA |
|
District |
LISBOA |
|
Telephone |
213172250 |
|
Fax |
213172251 |
|
E-Mail |
yser@yser.pt |
|
Web Site |
www.yser.pt |
|
C.A.E.(Rev 3) |
20141- Manufacture of resin and its derivatives |
Sales
- Sector Comparison
Financial
Highlights
|
|
2011 |
2012 |
2013 |
|||
|
Net Sales |
67.173.732,28 |
|
48.478.884,79 |
|
40.789.560,30 |
|
Net Income For the Year |
1.124.013,78 |
|
(5.936.526,10) |
|
1.366.767,72 |
|
Shareholders Funds |
7.362.771,48 |
|
2.117.903,67 |
|
4.794.388,62 |
|
Stocks |
20.970.679,86 |
|
11.221.871,13 |
|
9.658.176,23 |
|
LIABILITY |
38.413.859,41 |
|
31.871.097,79 |
|
25.791.593,02 |
|
ASSETS |
45.776.630,89 |
|
33.989.001,46 |
|
30.585.981,64 |
Business
Concept
|
|
|
|
Consulted sources say that the subject has been respecting
its payments and commercial commitments, so credit connections with this
company are recommended. |
Summary
|
Legal Form |
Joint Stock Company |
|
Constitution |
27-09-1994 |
|
V.A.T. Number / NIF |
503270130 |
|
Employees |
81 |
|
Capital |
500.000,00 |
|
Sales in : 31-12-2013 |
40.789.560,30 |
|
Shareholders Funds in: 31-12-2013 |
4.794.388,62 |
Governing
Bodies
|
Board of Director's |
|
|
JOAO MANUEL SATURNINO MONIZ DA MAIA |
Board of Director's President |
|
BERNARDO ERNESTO SIMOES MONIZ DA MAIA |
Board of Director's Vice-President |
|
FIRMINO ANTONIO GUERREIRO VIEIRA MONTEIRO ROCHA |
Administrator |
|
Fiscal Board |
|
|
ABREU & CIPRIANO AUDITORES SROC |
Unique Fiscal |
|
CARLOS ALBERTO ANTUNES ABREU |
Fiscal Board Substitute |
|
Chair of General Meeting |
|
|
JOANA CRISTINA CLAESSEN TEN AMBERGEN LIMA GARCIA MONIZ DA
MAIA |
Chair of General Meeting Member |
|
ALFREDO CASTRO AZEVEDO SOARES |
Chair of General Meeting President |
Gráficos de Análise Sectorial
Rating DynamIIC - Sector Comparison
Level Risk - Sectoral Analysis
Legal
Structure
|
Registed on the Register Record Office of Lisboa with the
Register Number 503270130 in 09-04-2013 |
|
Constitution celebrated in 27-09-1994 published on Diário
da República number 248 of 26-10-1994 |
|
To oblige the company it is necessary 2 signature |
Changes to Society
|
In 23-01-2014 on Portal MJ of 23-01-2014 update of the
Head Office Village |
|
In 09-04-2013 on Portal MJ of 10-04-2013 head office
change |
|
In 28-03-2013 on Portal MJ of 26-06-2013 board of
director's change |
|
In 14-05-2010 on Portal MJ of 18-05-2010 social change |
|
In 17-03-2010 on Portal MJ of 11-05-2010 board of
director's change |
Capital
|
The Capital is 500.000,00 , divided in 100000 shares ,
with a nominal value of 5,00 |
Activities
|
Line of Business |
Percentage |
|
Actividades de investigação, laboração, produção, transformação e comercialização, no mercado interno e externo, de produtos químicos, bem como resinas, dispersões aquosas, ceras depilatórias, cosméticos e produtos de higiene e outros que sejam derivados do seu ramo de actividade; a importação e exportação de bens. (Research activities, working methods, production, processing and trading in domestic and foreign markets, chemicals and resins, aqueous dispersions, depilatory waxes, cosmetics and toiletries and others that are derived from its industry; the import and export of goods.) |
100% |
|
Type of Clients |
Private Companies |
||
|
Sales Conditions |
Contract |
|
Geographic Distribution of Sales |
|
Internal Market |
International Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
4.890.951,26 |
11,99% |
30.322.562,12 |
74,34% |
5.576.046,92 |
13,67% |
40.789.560,30 |
|
|
2011 |
7.015.059,21 |
10,44% |
52.988.418,91 |
78,88% |
7.170.254,16 |
10,67% |
67.173.732,28 |
|
|
2010 |
7.629.828,79 |
16,36% |
35.212.422,24 |
75,50% |
3.793.949,71 |
8,14% |
46.636.200,74 |
|
Geographic Distribution of Purchases |
|
Internal Market |
International Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
4.114.313,14 |
14,87% |
22.873.643,04 |
82,67% |
679.204,22 |
2,45% |
27.667.160,40 |
|
|
2011 |
2.846.968,35 |
4,33% |
55.154.524,25 |
83,87% |
7.761.671,95 |
11,80% |
65.763.164,55 |
|
|
2010 |
3.205.376,20 |
8,64% |
7.064.149,52 |
19,05% |
26.810.074,83 |
72,30% |
37.079.600,55 |
Banks
and Financial Institutions
|
|
|
|
NOVO BANCO, SA |
Aveiro |
|
BANCO SANTANDER TOTTA SA |
Lisboa - Rua do Ouro |
|
MILLENNIUM BCP |
Aveiro |
Incidents
|
|
Legal Actions |
|
Date |
Process |
Author |
Type |
Amount |
Judicial District |
Court |
Situation |
|
|
1281/12.2T2AVR |
|
Ordinária |
972.896,02 |
Comarca do Baixo Vouga-Juízos de Aveiro |
Resolvida |
Employees
|
|
Year |
Total |
Men |
Women |
|
2013 |
81 |
67 |
83% |
14 |
17% |
|
|
2011 |
82 |
71 |
87% |
11 |
13% |
|
|
2010 |
72 |
61 |
85% |
11 |
15% |
Insurance
|
|
Tranquilidade Seguros SA |
|
Liberty Seguros SA |
Head
Office and Installations
|
|
Head office Rua Castilho, nº 13 D, 4º B , LISBOA,
1250-055, LISBOA, Tel:213172250, Fax:213172251 |
|
Had head office Zona Industrial da Taboeira, Apartado 796,
Esgueira, 3800-055, AVEIRO |
Special
Information
|
|
Event |
General Description |
|
Merge |
A 11 de Setembro de 2007, fusão por incorporação mediante
a transferência global do patrimónios das firmas Aqua-Yser-Dispersão de Resinas
SA e da Depin-Indústria de Depilatórios e Cosméticos SA, na titular. |
Financial
Demonstration SNC
|
||
|
Balance Sheet SNC |
||
|
CoinEUROS |
Year:2013 |
|
|
2013 |
2012 |
2011 |
% Var.2013/2012 |
|
ASSET |
||||||
|
Non-current assets |
||||||
|
Tangible fixed assets |
9.279.495,56 |
10.175.571,85 |
11.402.059,02 |
(8,81) |
||
|
Intangible assets |
38.737,68 |
17.567,00 |
15.992,02 |
120,51 |
||
|
Deferred tax assets |
1.039.199,61 |
|||||
|
Total |
||||||
|
Current assets |
||||||
|
Inventories |
9.658.176,23 |
11.221.871,13 |
20.970.679,86 |
(13,93) |
||
|
Costumers |
9.061.161,40 |
9.740.973,06 |
10.813.981,09 |
(6,98) |
||
|
State and other public entities |
294.782,80 |
452.207,08 |
570.855,52 |
(34,81) |
||
|
Other accounts receivable |
486.380,92 |
682.848,96 |
460.632,37 |
(28,77) |
||
|
Deferrals |
19.617,72 |
71.420,21 |
24.045,65 |
(72,53) |
||
|
Financial assets held for trading |
206.433,21 |
32.500,00 |
32.500,00 |
535,18 |
||
|
Cashier and bank deposits |
501.996,51 |
1.594.042,17 |
1.485.885,36 |
(68,51) |
||
|
Total |
||||||
|
TOTAL ASSET |
||||||
|
SHAREHOLDERS FUNDS AND LIABILITIES |
||||||
|
SHAREHOLDERS FUNDS |
||||||
|
Capital |
500.000,00 |
500.000,00 |
500.000,00 |
|||
|
Other shareholders funds instruments |
1.010.000,00 |
1.010.000,00 |
1.010.000,00 |
|||
|
Legal reserves |
100.000,00 |
100.000,00 |
100.000,00 |
|||
|
Other reserves |
3.912.031,61 |
3.912.031,61 |
3.205.058,20 |
|||
|
Net retained |
(4.468.332,02) |
703,20 |
(233.320,45) |
(635.528,33) |
||
|
Revaluation surplus |
1.655.613,55 |
1.656.316,75 |
1.657.019,95 |
(0,04) |
||
|
Other shareholders funds changes |
718.307,76 |
875.378,21 |
(17,94) |
|||
|
Total |
||||||
|
Net income for the period |
1.366.767,72 |
(5.936.526,10) |
1.124.013,78 |
(123,02) |
||
|
TOTAL OF SHAREHOLDERS FUNDS |
||||||
|
LIABILITY |
||||||
|
Non-current liiabilities |
||||||
|
Financing obtained |
3.749.346,81 |
4.772.616,85 |
7.722.156,83 |
(21,44) |
||
|
Total |
||||||
|
Current liabilities |
||||||
|
Suppliers |
10.888.480,31 |
12.826.257,71 |
18.710.073,87 |
(15,11) |
||
|
State and other public entities |
162.878,27 |
124.057,51 |
106.295,81 |
31,29 |
||
|
Financing obtained |
9.706.481,53 |
12.900.795,34 |
10.471.835,35 |
(24,76) |
||
|
Other payable accounts |
1.057.235,45 |
1.247.370,38 |
1.403.497,55 |
(15,24) |
||
|
Deferrals |
227.170,65 |
|||||
|
Total |
||||||
|
TOTAL LIABILITIES |
||||||
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
||||||
|
INCOME STATEMENT |
||||||
|
INCOME AND EXPENSES |
||||||
|
Sales and services |
40.789.560,30 |
48.478.884,79 |
67.173.732,28 |
(15,86) |
||
|
Operating government grants |
22.238,97 |
15.532,00 |
||||
|
Variation in production inventories |
(1.278.533,23) |
(485.844,58) |
3.478.952,88 |
163,16 |
||
|
Work for the entity itself |
69.207,74 |
|||||
|
Cost of goods sold and materials consumed |
28.465.103,71 |
42.866.046,71 |
56.519.631,89 |
(33,60) |
||
|
Suppliers and external services |
5.641.447,18 |
5.700.041,63 |
7.137.782,40 |
(1,03) |
||
|
Personnel costs |
2.154.183,39 |
2.222.490,68 |
2.086.543,62 |
(3,07) |
||
|
Impairment of inventories (losses/revearsals) |
(590.673,09) |
704.729,16 |
12.921,26 |
(183,82) |
||
|
Impairment of receivables (losses/revearsals) |
49.984,79 |
(13.635,07) |
(6.628,12) |
(466,59) |
||
|
Increases/decreases in fair value |
(6.682,79) |
|||||
|
Other income and gains |
1.221.943,33 |
1.248.058,03 |
1.588.421,21 |
(2,09) |
||
|
Other expenses and losses |
803.165,40 |
327.170,17 |
445.452,67 |
145,49 |
||
|
Result before depreciation, financing costs and taxes |
||||||
|
Expenses/reversals of depreciation and amortization |
1.738.307,51 |
1.862.390,67 |
2.015.569,85 |
(6,66) |
||
|
Operating result (before financing costs and taxes) |
||||||
|
interest and similar expenses incurred |
700.775,38 |
1.495.287,33 |
2.705.762,37 |
(53,13) |
||
|
Net before taxes |
||||||
|
Income tax of the period |
466.433,36 |
35.342,03 |
215.588,65 |
1.219,77 |
||
|
RATIOS SNC |
|
Closing Date |
2013 |
2012 |
2011 |
|
|
||||||
|
TURNOVER RATIOS |
||||||
|
Shareholder's Funds Profitability |
0,285 |
(2,803) |
0,153 |
|||
|
Assets Profitability |
0,083 |
(0,13) |
0,088 |
|||
|
Sales Net Profitability |
0,034 |
(0,122) |
0,017 |
|||
|
EFFICIENCY RATIOS |
||||||
|
Medium Term Receivable |
81,083 |
73,34 |
58,76 |
|||
|
Asset Rotation |
1,334 |
1,426 |
1,467 |
|||
|
PRODUCTIVITY RATIOS |
||||||
|
Productivity |
5,721 |
2,525 |
5,106 |
|||
|
SHORT TERM RATIOS |
||||||
|
General Liquidity |
0,918 |
0,878 |
1,119 |
|||
|
Reduced Liquidity |
0,48 |
0,464 |
0,436 |
|||
|
Immediate Liquidity |
0,023 |
0,059 |
0,048 |
|||
|
MEDIUM LONG TERM RATIOS |
||||||
|
Financial Autonomy |
0,157 |
0,062 |
0,161 |
|||
|
Solvability |
0,186 |
0,066 |
0,192 |
|||
|
Borrowed Capital Structure |
0,855 |
0,85 |
0,799 |
|||
|
General Debt |
2,807 |
8,345 |
2,471 |
|||
|
Medium Long Term Debt |
0,782 |
2,253 |
1,049 |
|||
|
Debt Structure |
0,855 |
0,85 |
0,799 |
|||
|
Capital Structure |
1,279 |
0,444 |
0,953 |
|||
|
Operational and Financial Risk |
||||||
|
Operational Leverage Level |
4,864 |
(1,274) |
2,634 |
|||
|
Financial Leverage Level |
1,382 |
0,747 |
3,02 |
|||
|
Combined Leverage Level |
6,722 |
(0,952) |
7,955 |
|||
|
CASH FLOW STATEMENT |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
CASH FLOWS
FROM OPERATIONAL ACTIVITIES |
|||
|
Customers receipts |
42.462.800,05 |
||
|
Payments to suppliers |
35.304.823,96 |
||
|
Payments to employees |
2.104.436,23 |
||
|
Cash at bank generated
from operations |
5.053.539,86 |
||
|
Payment/receipt of income tax |
74.510,67 |
||
|
Other receipts/payments |
25.484,40 |
||
|
Cash Flows
from Operational Activities (A) |
5.153.534,93 |
||
|
CASH FLOWS'
INVESTMENT ACTIVITIES |
|||
|
Payments
regarding: |
|||
|
Fixed tangible assets |
1.727.094,37 |
||
|
Intangible assets |
0.00 |
||
|
Financial investments |
0.00 |
||
|
Other assets |
0.00 |
||
|
Receipts from: |
|||
|
Fixed tangible assets |
0.00 |
||
|
Intangible assets |
0.00 |
||
|
Financial investments |
0.00 |
||
|
Other assets |
0.00 |
||
|
Investment subsidies |
0.00 |
||
|
Interest and similar income |
354.129,13 |
||
|
Dividends |
0.00 |
||
|
Cash Flows'
Investments Activities (B) |
(1.372.965,24) |
||
|
CASH FLOWS' INVESTMENT
ACTIVITIES |
|||
|
Receipts from: |
|||
|
Obtained financing |
7.460.716,56 |
||
|
Paying-up of capital and other equity instruments |
0.00 |
||
|
Coverage of losses |
0.00 |
||
|
Donations |
0.00 |
||
|
Other financing operations |
0.00 |
||
|
Payments
regarding: |
|||
|
Obtained financing |
11.408.144,74 |
||
|
Interests and similar expenses |
725.139,45 |
||
|
Dividends |
0.00 |
||
|
Capital's redution and other equity instruments |
0.00 |
||
|
Other financing operations |
180.616,00 |
||
|
Cash Flows'
Financing Activities © |
(4.853.183,63) |
||
|
Variation in cash at bank and its equivalents (A+B+C) |
(1.072.613,94) |
||
|
Effect of exchange differences |
(19.431,72) |
||
|
Cash at bank
and its equivalents at the start of period |
1.594.042,17 |
||
|
Cash at bank
and its equivalents at the end of period |
501.996,51 |
|
CASH FLOWS |
|
Movimentos do Periodo de
2013 |
||||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S
CARRYING AMOUNT AND MOVEMENTS |
|
|||
|
Cash in hand |
2.693,88 |
54.850,97 |
29.568,34 |
27.976,51 |
|
Order deposits |
1.591.348,29 |
139.171.337,51 |
140.288.665,80 |
474.020,00 |
|
Other bank deposits |
- |
- |
- |
0,00 |
|
Total cash at bank and bank deposits |
1.594.042,17 |
139.226.188,48 |
140.318.234,14 |
501.996,51 |
|
Of which: Bank deposits abroad |
- |
- |
- |
0,00 |
|
Rubrics |
Value |
|
OTHER
INFORMATION |
|
|
Receipts from: |
|
|
Non-life insurance claims |
- |
|
Operating subsidies |
- |
|
Cash at bank and its equivalents not available for use |
- |
|
ASSETS IMPAIRMENT |
|
Movimentos do Periodo de
2013 |
||||||
|
Impairment losses |
Impairment losses
reversals |
|||||
|
Rubrics |
Recognized in profit and loss |
Recognized in Equity |
Total |
Recognized in profit and loss |
On revalued assets recognized in equity |
Total |
|
Individual
assets |
|
|||||
|
Fixed tangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
0,00 |
0,00 |
- |
- |
0,00 |
0,00 |
|
Intangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment properties (cost model) |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Investments in progress |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Financial investments |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
TOTAL |
||||||
|
of which: cash-generating units |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
GOVERNMENT GRANTS AND GOVERNMENT ASSISTANCE |
|
Grants from State and
other public bodies |
Grants from other
entities |
|||
|
Rubrics |
Value assigned in the period or in previous periods |
Value attributed to the period |
Value assigned in the period or in previous periods |
Value attributed to the period |
|
Grants related to assets/investment: |
0,00 |
157.070,45 |
0,00 |
0,00 |
|
Fixed tangible assets |
0,00 |
157.070,45 |
0,00 |
0,00 |
|
Land and Natural Resources |
- |
- |
- |
- |
|
Buildings and other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
157.070,45 |
- |
- |
|
Intangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Development projects |
- |
- |
- |
- |
|
Computer programmes |
- |
- |
- |
- |
|
Industrial property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
Value of repayments in the period: |
0,00 |
196.722,46 |
0,00 |
0,00 |
|
Grants related to assets/investment |
- |
196.722,46 |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
TOTAL |
0,00 |
(39.652,01) |
0,00 |
0,00 |
|
IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT COST OR AT
AMORTIZED COST |
|
Movimentos do Periodo de
2013 |
|||
|
Rubrics |
Impairment losses |
Impairment losses reversals |
Total |
|
Receivable debts from customers |
64.984,79 |
15.000,00 |
49.984,79 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
64.984,79 |
15.000,00 |
49.984,79 |
|
DEBTS REGISTERED AS DOUBTFUL |
|
Rubrics |
Value |
|
Regarding insolvency and company recovery procedures or
enforcement procedures |
- |
|
Claimed in court |
162.494,55 |
|
In arrears: |
83.214,24 |
|
Over six months and up to twelve months |
- |
|
Over twelve months and up to eighteen months |
- |
|
Over eighteen months and up to twenty four months |
- |
|
Over twenty four months |
83.214,24 |
|
TOTAL |
245.708,79 |
|
EMPLOYEE BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS |
|
Rubrics |
Average number of employees |
Average number of hours worked |
|
Company employees, paid and unpaid |
81 |
144.792 |
|
Paid company employees |
81 |
144.792 |
|
Company UNPAID employees |
0 |
0 |
|
Company
employees, by type of working hours |
||
|
Full time company employees |
81 |
144.792 |
|
Of which: Full time company employees |
81 |
144.792 |
|
Part time company employees |
0 |
0 |
|
Of which: Part time company employees |
0 |
0 |
|
Company
employees, by gender: |
||
|
Men |
67 |
119.766 |
|
Women |
14 |
25.026 |
|
Company
employees, of which: |
||
|
Company employees assigned to Research and Development |
10 |
- |
|
Service providers |
0 |
0 |
|
People placed through temporary employment agencies |
0 |
- |
|
Staff costs |
|
Rubrics |
Value |
|
Staff costs |
2.154.183,39 |
|
Governance Bodies Remuneration |
- |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
1.721.251,40 |
|
Of which: Profit-sharing |
- |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined contribution plans - corporate bodies |
- |
|
For defined contribution plans - others |
- |
|
Compensations |
1.973,28 |
|
Charges on remunerations |
364.938,83 |
|
Insurance for accidents at work and professional diseases |
43.171,57 |
|
Social security expenses |
- |
|
Other staff costs |
22.848,31 |
|
Of which: |
|
|
Expenditure on education |
- |
|
Expenditure on uniforms |
- |
|
INFORMATION BY GEOGRAPHIC MARKETS |
|
Geographic markets |
||||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
4.728.349,63 |
30.307.361,49 |
5.576.046,92 |
40.611.758,04 |
|
Services provided |
162.601,63 |
15.200,63 |
- |
177.802,26 |
|
Purchases |
4.114.313,14 |
22.873.643,04 |
679.204,22 |
27.667.160,40 |
|
Supplies and external services |
5.253.678,99 |
257.743,21 |
130.024,98 |
5.641.447,18 |
|
Acquisition of fixed tangible assets |
817.919,40 |
8.627,80 |
19.190,02 |
845.737,22 |
|
Acquisition of investment properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible assets |
- |
- |
- |
0,00 |
|
Supplementary income: |
73.035,10 |
298,75 |
8.600,08 |
81.933,93 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
73.035,10 |
298,75 |
8.600,08 |
81.933,93 |
|
Memorandum: Sales and services provided (undiscounted
values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and supplies and external services
(undiscounted values) |
- |
- |
- |
0,00 |
|
RECEIVABLE AND PAYABLE ACCOUNTS |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Customers |
|
||
|
Trade accounts receivable |
9.306.870,19 |
||
|
Trade notes receivable |
- |
||
|
Advances received from customers |
- |
||
|
Suppliers |
|||
|
Trade accounts payable |
10.888.480,31 |
||
|
Trade notes payable |
- |
||
|
Trade accounts payable - unchecked invoices |
- |
||
|
Advances to suppliers |
- |
||
|
Staff |
|||
|
Payable remunerations |
- |
||
|
Advanced payments |
- |
||
|
Bonds |
- |
||
|
Other operations |
- |
||
|
State and
other public sector institutions |
|||
|
Income Tax |
35.901,17 |
||
|
Deductible IVA (debt cumulative amounts) |
7.325.259,31 |
||
|
Paid IVA (credit cumulative amounts) |
6.462.334,99 |
||
|
Shareholders /
partners |
|||
|
Shareholders with subscription |
- |
||
|
Unreleased quotas |
- |
||
|
Advances for profits |
- |
||
|
Allocated
results |
|||
|
From the perspective of the entity distributing profits |
- |
||
|
From the perspective of the entity with allocated profits |
- |
||
|
Available
profits |
|||
|
From the perspective of the entity distributing profits |
- |
||
|
From the perspective of the entity with allocated profits |
- |
||
|
Granted loans - parent company |
- |
||
|
Granted loans - subsidiary companies, associated companies
and joint ventures |
- |
||
|
Granted loans - other shareholders/partners |
- |
||
|
Of which: Participating companies |
- |
||
|
Other
operations |
|||
|
Debit status |
- |
||
|
Credit status |
- |
||
|
Other
receivable and payable accounts |
|||
|
Investment providers - general accounts |
194.518,82 |
||
|
Trade accounts payable - unchecked invoices |
- |
||
|
Advanced payments to investment providers |
- |
||
|
additional income - Debtors |
- |
||
|
additional expenses - Creditors |
722.861,54 |
||
|
Deferred tax assets |
1.039.199,61 |
||
|
Deferred tax liabilities |
- |
||
|
Unreleased subscriptions - Creditors |
- |
||
|
Advances received on account of sales |
- |
||
|
Other debtors
and creditors |
|||
|
Other debtors |
305,14 |
||
|
Other creditors |
6.614,87 |
||
|
EXPENSE ACCOUNTS |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Supplies and external services |
5.641.447,18 |
||
|
Subcontracts |
402.777,68 |
||
|
Specialized services |
1.249.790,60 |
||
|
Specialized works |
583.165,39 |
||
|
Of which: Payments to workers placed through agencies |
- |
||
|
Advertising and promotion |
73.966,00 |
||
|
Surveillance and security |
40.292,52 |
||
|
Fees |
- |
||
|
Comissions |
201.417,71 |
||
|
Maintenance and repairs |
350.948,98 |
||
|
Others |
- |
||
|
Materials |
53.254,89 |
||
|
Fast wear tools and utensils |
39.111,97 |
||
|
Books and technical documentation |
54,07 |
||
|
Office material |
14.088,85 |
||
|
Gift items |
- |
||
|
Others |
- |
||
|
Energy and fluids |
1.602.759,01 |
||
|
Electricity |
328.926,00 |
||
|
Fuels |
1.153.508,53 |
||
|
Water |
33.158,45 |
||
|
Others |
87.166,03 |
||
|
Travel, lodging and transportation |
1.782.671,83 |
||
|
Travel and lodging |
149.831,91 |
||
|
Transport of personnel |
- |
||
|
Transport of goods |
1.632.839,92 |
||
|
Others |
- |
||
|
Different services |
550.193,17 |
||
|
Rents and leases |
156.651,52 |
||
|
Of which: Rents from land |
- |
||
|
Communication |
90.244,69 |
||
|
Insurance |
148.729,38 |
||
|
Royalties |
- |
||
|
Litigation and Notaries |
5.199,65 |
||
|
Representation expenses |
8.824,16 |
||
|
Cleaning, hygiene and comfort |
27.684,27 |
||
|
Other services |
112.859,50 |
Deliberation
of Approval of Accounts
|
|
Were the
financial year's accounts approved? |
|
|
YES |
|
|
Data da
Aprovação: 31-03-2014 |
|
|
By
(Unanimity/Majority): |
|
|
Unanimity |
|
|
Percentage of issued
votes related to the share capital subscribed with voting right |
|
|
100 |
|
|
The accounts
were approved: |
|
|
In universal meeting |
|
|
Through deliberation by writing vote |
|
|
The accounts
were approved: |
|
|
In POC/SNC/NCM (National Plan of Accounts/Accounting
Normalization System/Accounting Normalization for micro entities) |
|
PROFIT APLICATION ACCORDING TO THE DELIBERATION THAT
APPROVED THE FINANCIAL YEAR'S ACCOUNTS |
|
Rubrics |
2013 |
2012 |
|
Retained earnings |
(3.101.564,30) |
|
|
Allocated results / Available profits |
- |
|
|
Percentages or bonuses to managing bodies |
- |
|
|
Ditto to staff |
202.855,81 |
|
|
Reserves |
607.611,50 |
|
|
Coverage of losses |
(3.912.031,61) |
|
|
7. Others |
- |
|
|
BALANCE (1-2-3-4-5-6-7) |
0,00 |
Management
Report / Assessment of the Inspection Body / Legal Certification of Accounts
|
|
MANAGEMENT REPORT |
|
|
Were the
Management Report and financial year's accounts prepared? |
|
|
YES |
|
|
Were the management
report and the financial year's accounts signed by all members of the
management / administration? |
|
|
YES |
|
|
ASSESSMENT OF THE INSPECTION BODY |
|
|
The entity has
an inspection body? |
|
|
YES |
|
|
Has the
inspection body issued an assessment? |
|
|
YES |
|
|
The inspection
body pronounced: |
|
|
In favour of the approval of accounts |
|
|
LEGAL CERTIFICATION OF ACCOUNTS (CLC) |
|
|
Is the entity
required to have certified accounts by a Statutory Auditor/Statutory Audit
Firm? |
|
|
YES |
|
|
Identificação do ROC: 503342742 |
|
|
Was the Legal
certification of accounts issued? |
|
|
YES |
|
|
Without reservation and without emphasis |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.16 |
|
|
1 |
Rs.98.62 |
|
Euro |
1 |
Rs.77.67 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SMN |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.