MIRA INFORM REPORT
|
Report Date : |
15.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
G.A. OPERATIONS S.P.A. |
|
|
|
|
Registered Office : |
Via Borgonuovo, 11 Baggiovara 20121- Milano
(MI) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
12.10.1990 |
|
|
|
|
Legal Form : |
Joint stock company with sole shareholder |
|
|
|
|
Line of Business : |
· Manufacture of apparel (except fur apparel) · Retail Sale of clothing in specialised stores |
|
|
|
|
No. of Employees : |
More than 1500 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made on
e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 1, 2014
|
Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified
industrial economy, which is divided into a developed industrial north,
dominated by private companies, and a less-developed, highly subsidized,
agricultural south, where unemployment is higher. The Italian economy is driven
in large part by the manufacture of high-quality consumer goods produced by
small and medium-sized enterprises, many of them family-owned. Italy also has a
sizable underground economy, which by some estimates accounts for as much as
17% of GDP. These activities are most common within the agriculture,
construction, and service sectors. Italy is the third-largest economy in the
euro-zone, but its exceptionally high public debt and structural impediments to
growth have rendered it vulnerable to scrutiny by financial markets. Public
debt has increased steadily since 2007, topping 133% of GDP in 2013, but
investor concerns about Italy and the broader euro-zone crisis eased in 2013,
bringing down Italy's borrowing costs on sovereign government debt from
euro-era. The government still faces pressure from investors and European
partners to sustain its efforts to address Italy's long-standing structural
impediments to growth, such as labor market inefficiencies and widespread tax
evasion. In 2013 economic growth and labor market conditions deteriorated, with
growth at -1.8% and unemployment rising to 12.4%, with youth unemployment
around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.
|
Source
: CIA |
Company
Name and address
G.a. Operations
S.p.a.
Via Borgonuovo, 11
Baggiovara
20121- Milano (MI) -IT-
Summary
|
Fiscal Code |
: |
00159600360 |
|
Legal Form |
: |
Joint stock company with sole shareholder |
|
start of Activities |
: |
12/10/1990 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
over 129.114.224 |
|
Number of Employees |
: |
more than 1500 |
|
Group |
: |
ARMANI |
Activity
Manufacture of apparel (except fur apparel)
Retail sale of clothing in specialised
stores
Legal
Data
Legal Form : Joint stock company with sole
shareholder
|
Fiscal Code : 00159600360 |
|
Foreign Trade Reg. no. : MO002517 since
17/12/1991 |
|
Foreign Trade Reg. no. : 002517 of Modena
since 17/12/1991 |
|
Foreign Trade Reg. no. : MO2517 of Modena
since 17/12/1991 |
|
Chamber of Commerce no. : 309413 of Como |
|
Chamber of Commerce no. : 558795 of
Firenze |
|
Chamber of Commerce no. : 623978 of
Firenze |
|
Chamber of Commerce no. : 197396 of Fermo |
|
Chamber of Commerce no. : 179704 of
Macerata |
|
Chamber of Commerce no. : 1946400 of
Milano since 27/12/2010 |
|
Chamber of Commerce no. : 105278 of Modena
since 25/09/1962 |
|
Chamber of Commerce no. : 271882 of Pavia |
|
Chamber of Commerce no. : 283718 of Reggio
Emilia |
|
Chamber of Commerce no. : 206635 of Trento |
|
Chamber of Commerce no. : 1143801 of
Torino |
|
Chamber of Commerce no. : 358573 of
Venezia |
|
Chamber of Commerce no. : 343731 of
Vicenza |
|
Firms' Register : MO023-4231 of Modena
since 19/02/1996 |
|
V.A.T. Code : 00159600360 |
|
Tribunal Co. Register : 4231 of |
|
Foundation date |
: 05/09/1962 |
|
|
Establishment date |
: 05/09/1962 |
|
|
Start of Activities |
: 12/10/1990 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 24.275.795 |
|
|
Subscribed Capital |
: 24.275.795 |
|
|
Paid up Capital |
: 24.275.795 |
Members
|
|
Giorgio Armani
S.p.a. |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Sole partner |
01/01/2004 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Neri |
Tiziano |
|
|
Born in Modena |
(MO) |
on 25/06/1957 |
- Fiscal Code : NRETZN57H25F257D |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
16/12/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Luerti |
Enrico Dino
Edoardo |
|
|
Born in Milano |
(MI) |
on 01/02/1965 |
- Fiscal Code : LRTNCD65B01F205V |
|
|
Residence: |
Bergognone |
, 38 |
- 20144 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
14/06/2011 |
||
|
Attorney with special power |
16/12/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Sonnino |
Franco |
|
|
Born in Genova |
(GE) |
on 22/08/1958 |
- Fiscal Code : SNNFNC58M22D969N |
|
|
Residence: |
Uccelliera |
, 140 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
21/07/2003 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Caminati |
Giuliano |
|
|
Born in Bibbiano |
(RE) |
on 22/08/1947 |
- Fiscal Code : CMNGLN47M22A850W |
|
|
Residence: |
Zona Industriale 1 Strada |
, 14-16-18 |
- 30030 |
Fosso' |
(VE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
17/10/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Galavotti |
Stefano |
|
|
Born in Rimini |
(FO) |
on 08/03/1956 |
- Fiscal Code : GLVSFN56C08H294X |
|
|
Residence: |
Stazione |
, 93 |
- 36070 |
Trissino |
(VI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
14/07/2009 |
||
|
Attorney with special power |
01/10/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Colombi |
Riccardo |
|
|
Born in Milano |
(MI) |
on 08/06/1937 |
- Fiscal Code : CLMRCR37H08F205Q |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
12/07/2012 |
|
|
Proli |
Livio Paolo |
|
|
Born in Mondovi' |
(CN) |
on 25/05/1965 |
- Fiscal Code : PRLLPL65E25F351G |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
12/07/2012 |
||
|
Managing Director |
12/07/2012 |
||
|
Board Chairman |
12/07/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Bernasconi |
Gianfranco |
|
|
Born in Bergamo |
(BG) |
on 28/03/1966 |
- Fiscal Code : BRNGFR66C28A794Z |
|
|
Residence: |
Della Resistenza |
, 35 |
- 42018 |
San Martino in Rio |
(RE) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/11/2012 |
||
|
Attorney with special power |
16/12/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Sassi |
Stefano |
|
|
Born in Reggio Emilia |
(RE) |
on 23/10/1972 |
- Fiscal Code : SSSSFN72R23H223N |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
03/05/2012 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Gambarelli |
Daniela |
|
|
Born in Scandiano |
(RE) |
on 07/11/1963 |
- Fiscal Code : GMBDNL63S47I496X |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
16/12/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Dovesi |
Lorenzo |
|
|
Born in Bologna |
(BO) |
on 05/02/1973 |
- Fiscal Code : DVSLNZ73B05A944H |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/07/2011 |
||
|
Director |
12/07/2012 |
||
|
Managing Director |
12/07/2012 |
||
|
Attorney with special power |
16/12/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Mattiello |
Stefano |
|
|
Born in Vicenza |
(VI) |
on 19/02/1968 |
- Fiscal Code : MTTSFN68B19L840T |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
26/07/2011 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Sgro' |
Roberto |
|
|
Born in Torino |
(TO) |
on 01/10/1969 |
- Fiscal Code : SGRRRT69R01L219K |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
19/06/2014 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Meneghello |
Renato |
|
|
Born in Thiene |
(VI) |
on 09/09/1960 |
- Fiscal Code : MNGRNT60P09L157S |
|
|
Residence: |
Paganini |
, 3 |
- 10036 |
Settimo Torinese |
(TO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
04/04/2012 |
||
|
Attorney with special power |
16/12/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Ferremi |
Giorgio |
|
|
Born in Rovereto |
(CR) |
on 09/06/1970 |
- Fiscal Code : FRRGRG70H09H612L |
|
|
Residence: |
Giulio Catoni |
, 149 |
- 38123 |
Trento |
(TN) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
28/06/2012 |
||
|
Attorney with special power |
16/12/2013 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Orsi |
Stefano Omer |
|
|
Born in Modena |
(MO) |
on 11/11/1977 |
- Fiscal Code : RSOSFN77S11F257U |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Procurator |
17/06/2014 |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
|
|
Giorgio Armani
S.p.a. |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
|
|
No Prejudicial
events are reported |
|
|
No Protests
registered |
Companies
connected to members *
*checkings have been performed on a national
scale.
In this module are listed the companies in
which members hold or have holded positions.
|
|
Giorgio Armani
S.p.a. |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Moda Sourcing Company S.r.l. O In
FormaAbbreviata Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Sole partner |
- |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Sole partner |
- |
Ceased |
|
Giorgio Armani Retail S.r.l. In Forma
Abbreviata G.a. Retail S.r.l. |
Milano (MI) - IT - |
05065910159 |
Sole partner |
Active |
Registered |
|
Alia Srl |
Milano (MI) - IT - |
13148540159 |
Sole partner |
Active |
Merged |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Sole partner |
Active |
Merged |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Sole partner |
- |
Ceased |
|
Deimutti Compagnia Dei Cuoi S.r.l. |
Milano (MI) - IT - |
04150460964 |
Sole partner |
- |
Ceased |
|
|
Proli |
Livio Paolo |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Lo.sint S.r.l. |
Modena (MO) - IT - |
00811040153 |
Attorney with
special power |
Withdrawn |
Ceased |
|
Giorgio Armani S.p.a. |
Milano (MI) - IT - |
02342990153 |
Director |
Active |
Registered |
|
Giorgio Armani S.p.a. |
Milano (MI) - IT - |
02342990153 |
General Director |
Active |
Registered |
|
Giorgio Armani S.p.a. |
Milano (MI) - IT - |
02342990153 |
Managing
Director |
Active |
Registered |
|
Moda Sourcing Company S.r.l. O In FormaAbbreviata
Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Managing
Director |
Withdrawn |
Ceased |
|
Moda Sourcing Company S.r.l. O In
FormaAbbreviata Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Director |
Withdrawn |
Ceased |
|
Moda Sourcing Company S.r.l. O In
FormaAbbreviata Msc S.r.l. |
Milano (MI) - IT - |
09987850154 |
Board Chairman |
Withdrawn |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Managing
Director |
Withdrawn |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Director |
Withdrawn |
Ceased |
|
Intai Spa |
Milano (MI) - IT - |
10123480153 |
Board Chairman |
Withdrawn |
Ceased |
|
Confezioni Di Matelica S.p.a. |
Settimo Torinese (TO) - IT - |
00917600439 |
Director |
Withdrawn |
Ceased |
|
Confezioni Di Matelica S.p.a. |
Settimo Torinese (TO) - IT - |
00917600439 |
Board Chairman |
Withdrawn |
Ceased |
|
Giorgio Armani Retail S.r.l. In Forma
Abbreviata G.a. Retail S.r.l. |
Milano (MI) - IT - |
05065910159 |
Director |
Active |
Registered |
|
Giorgio Armani Retail S.r.l. In Forma
Abbreviata G.a. Retail S.r.l. |
Milano (MI) - IT - |
05065910159 |
Board Chairman |
Active |
Registered |
|
Pallacanestro Olimpia Milano Societa'
Sportiva A Responsabilita'l Imitata O Pall |
Milano (MI) - IT - |
01852920154 |
Managing
Director |
- |
Ceased |
|
Pallacanestro Olimpia Milano Societa'
Sportiva A Responsabilita'l Imitata O Pall |
Milano (MI) - IT - |
01852920154 |
Director |
- |
Ceased |
|
Pallacanestro Olimpia Milano Societa' Sportiva
A Responsabilita'l Imitata O Pall |
Milano (MI) - IT - |
01852920154 |
Board Chairman |
- |
Ceased |
|
Gabar S.r.l. In Liquidazione |
Mori (TN) - IT - |
01664470224 |
Liquidator |
Withdrawn |
Ceased |
|
Trimil S.p.a. |
Milano (MI) - IT - |
13152520154 |
Director |
Withdrawn |
Ceased |
|
Trimil S.p.a. |
Milano (MI) - IT - |
13152520154 |
Board Chairman |
Withdrawn |
Ceased |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Managing
Director |
Withdrawn |
Merged |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Director |
Withdrawn |
Merged |
|
Guardi S.p.a. |
Fosso' (VE) - IT - |
03389410279 |
Board Chairman |
Withdrawn |
Merged |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Managing
Director |
Withdrawn |
Ceased |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Director |
Withdrawn |
Ceased |
|
Deanna S.p.a. |
San Martino in Rio (RE) - IT - |
01994870358 |
Board Chairman |
Withdrawn |
Ceased |
The indication "REGISTERED" as Firm
Status could refer to Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we
advise to request further investigations.
Capital
Shareholders
Shareholders' list as at date of data
collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Giorgio Armani S.p.a. |
Milano - IT - |
02342990153 |
100,00 |
Direct
Participations
The Company under review has participations
in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Consorzio Sviluppoenergia 1 |
Modena - IT - |
02644600369 |
Active |
Firm's
location and structure
In order to carry out its activities the firm
uses the following locations:
|
- |
Legal and
operative seat |
since 11/01/1990 |
|
Borgonuovo |
, 11 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Legal and
operative seat |
since 11/01/1990 |
|
Giardini |
, 1324 |
- 41100 |
- Modena |
(MO) |
- IT - |
|
PHONE |
: 059584411 |
|
FAX |
: 059584751 |
|
- |
Branch |
(Factory) |
since 30/12/2010 |
|
Pastore |
, 3 |
- 20065 |
- Inzago |
(MI) |
- IT - |
|
- |
Branch |
(Store) |
since 30/12/2010 |
|
Stazione |
, 93 |
- 36070 |
- Trissino |
(VI) |
- IT - |
|
- |
Branch |
since 01/07/2011 |
|
Provinciale Per Bregnano |
, 12 |
- 22070 |
- Vertemate Con Minoprio |
(CO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2011 |
|
Donizetti |
, SNC |
- 22070 |
- Guanzate |
(CO) |
- IT - |
|
- |
Branch |
(Workshop) |
since 01/09/2013 |
|
Giannini |
, 23 |
- 50050 |
- Cerreto Guidi |
(FI) |
- IT - |
|
- |
Branch |
(office) |
since 01/05/2013 |
|
Filippo Turati |
, 85/A |
- 63014 |
- Montegranaro |
(FM) |
- IT - |
|
- |
Branch |
(Factory) |
since 01/07/2011 |
|
Merloni |
, 10 |
- 62024 |
- Matelica |
(MC) |
- IT - |
|
- |
Branch |
since 30/12/2010 |
|
Pietro Giardini |
, 1324 |
- 41100 |
- Modena |
(MO) |
- IT - |
|
- |
Branch |
(Workshop) |
since 25/11/2013 |
|
Virgilio |
, 48/C |
- 41100 |
- Modena |
(MO) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2011 |
|
Mattei |
, 15 |
- 27020 |
- Marcignago |
(PV) |
- IT - |
|
- |
Branch |
since 30/12/2010 |
|
Giulio Catoni |
, 149 |
- 38100 |
- Trento |
(TN) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/07/2011 |
|
Cebrosa |
, 75 |
- 10036 |
- Settimo Torinese |
(TO) |
- IT - |
|
- |
Branch |
since 23/08/2011 |
|
Paganini |
, 3 |
- 10036 |
- Settimo Torinese |
(TO) |
- IT - |
|
- |
Branch |
since 30/12/2010 |
|
I Strada |
, 14-20 |
- 30030 |
- Fosso' |
(VE) |
- IT - |
|
- |
Branch |
(Warehouse) |
since 01/11/2012 |
|
Zona Ind. - Prima Strada |
, 2 |
- 30030 |
- Fosso' |
(VE) |
- IT - |
|
- |
Branch |
(Store) |
since 30/12/2010 |
|
Fermi |
, 4 |
- 36053 |
- Gambellara |
(VI) |
- IT - |
|
- |
Branch |
(Factory) |
since 02/08/2012 |
|
Balestri |
, 13 |
- 36010 |
- Carre' |
(VI) |
- IT - |
|
- |
Branch |
(office) |
since 01/05/2014 |
|
Bergognone |
, 46 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
Employees |
: 1.587 |
|
Fittings and Equipment for a value of
5.560.000 |
Eur |
|
Stocks for a value of 181.810.000 |
Eur |
Sales: direct or by agents without
warehouse.
Transports are mainly done using own
vehicles and third parties ones
The company supplies wholesalers and
retailers.
To purchase foreign products the firm uses the
following channels :
|
- distributors |
|
- direct orders to foreign companies |
Export represents up to 20% of the global
turnover.
Products abroad are placed by :
|
- importers |
|
- joint-ventures with foreign companies |
Company uses to accept the following term of
sales: 30-60-90 days.
Financial means used for sale: bank
transfers and bank orders.
Company's purchase terms are within 90 and
120 days.
Main used payment modalities are by cash
orders and bank transfers.
Import comes generally from the following
nations:
|
- Spain |
|
- Belgium |
|
- Austria |
|
- Italy |
|
- Germany |
|
- France |
|
- Greece |
|
- Great Britain |
Export is mainly towards:
|
- France |
|
- Italy |
|
- Austria |
|
- Belgium |
The subject firm uses the following own
selling brands:
|
- ARMANI |
Historical Information and/or Firm's Status
COMPANY STYLE
MODIFICATIONS:
|
Former Style |
New Style |
Changement Date |
|
Societa'Italiana Manufatti SpA |
04/06/1990 |
EX-MEMBERS / EX-POSITIONS:
|
|
Gabbiani |
Giorgio |
|
|
Born in Cremona |
(CR) |
on 13/07/1940 |
- Fiscal Code : GBBGRG40L13D150O |
|
|
Residence: |
San Ginignano |
, 32 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Managing Director |
|
|
Varazzani |
Massimo |
|
|
Born in Parma |
(PR) |
on 24/01/1951 |
- Fiscal Code : VRZMSM51A24G337P |
|
|
Residence: |
Genova |
, 1 |
- 34121 |
Trieste |
(TS) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Nizzi |
Giorgio |
|
|
Born in Milano |
(MI) |
on 17/08/1941 |
- Fiscal Code : NZZGRG41M17F205B |
|
|
Residence: |
Castagnone |
, 3/A |
- 20063 |
Cernusco sul Naviglio |
(MI) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
|
Cacciatore |
Maurizio |
|
Ex-Postions |
|
Managing Director |
|
|
Cambieri |
Lucia |
|
|
Born in Buccinasco |
(MI) |
on 16/06/1949 |
- Fiscal Code : CMBLCU49H56F205B |
|
|
Residence: |
Di Vittorio |
, 30 |
- 20094 |
Buccinasco |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Pincelli |
Vittorio |
|
|
Born in Frassinoro |
(MO) |
on 03/08/1943 |
- Fiscal Code : PNCVTR43M03D783P |
|
|
Residence: |
Roma |
, 21 |
- 41049 |
Sassuolo |
(MO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Mosterts |
Massimo |
|
|
Born in Milano |
(MI) |
on 08/07/1955 |
- Fiscal Code : MSTMSM55L08F205U |
|
|
Residence: |
Tarchetti |
, 5 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
|
Ramella |
Luca Amedeo |
|
|
Born in Milano |
(MI) |
on 25/08/1956 |
- Fiscal Code : RMLLMD56M25F205B |
|
|
Residence: |
Majno |
, 35 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Passariello |
Alfredo |
|
|
Born in CARACAS |
( ) |
on 01/04/1955 |
- Fiscal Code : PSSLRD55D01Z614A |
|
|
Residence: |
MONIGNOR PERTILE |
, 30/L |
- 36016 |
Thiene |
(VI) |
- IT - |
|
Ex-Postions |
|
General Director |
|
Director |
|
Managing Director |
|
|
Gerbotto |
Giovanni Maria |
|
|
Born in Torino |
(TO) |
on 02/09/1948 |
- Fiscal Code : GRBGNN48P02L219E |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Board Chairman |
|
Managing Director |
|
|
Ferrari |
Gian Fedele |
|
|
Born in Modena |
(MO) |
on 24/07/1933 |
- Fiscal Code : FRRGFD33L24F257N |
|
|
Residence: |
Bersana |
, 2 |
- 41012 |
Carpi |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Micheli |
Francesco |
|
|
Born in Parma |
(PR) |
on 19/10/1937 |
- Fiscal Code : MCHFNC37R19G337L |
|
|
Residence: |
Giovannino De Grassi |
, 11 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
|
Caprotti |
Claudio |
|
|
Born in ALBIATE |
(MB) |
on 06/05/1938 |
- Fiscal Code : CPRCLD38E06A159Y |
|
|
Residence: |
S. NICOLAO |
, 2 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Vice-Chairman |
|
|
Terrenghi |
Marco |
|
|
Born in Milano |
(MI) |
on 06/10/1960 |
- Fiscal Code : TRRMRC60R06F205S |
|
|
Residence: |
Tortona |
, 66 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Neri |
Tiziano |
|
|
Born in Modena |
(MO) |
on 25/06/1957 |
- Fiscal Code : NRETZN57H25F257D |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Malagoli |
Claudio |
|
|
Born in Bastiglia |
(MO) |
on 17/08/1945 |
- Fiscal Code : MLGCLD45M17A713Y |
|
|
Residence: |
Delle Costellazioni |
, 94 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Tostati |
Maurizio |
|
|
Born in Serramazzoni |
(MO) |
on 22/02/1960 |
- Fiscal Code : TSTMRZ60B22F357R |
|
|
Residence: |
Ferrari |
, 7 |
- 41042 |
Fiorano Modenese |
(MO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Luerti |
Enrico Dino
Edoardo |
|
|
Born in Milano |
(MI) |
on 01/02/1965 |
- Fiscal Code : LRTNCD65B01F205V |
|
|
Residence: |
Bergognone |
, 38 |
- 20144 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Manzoni |
Candido |
|
|
Born in BELLANO |
(CO) |
on 09/08/1941 |
- Fiscal Code : MNZCDD41M09A745T |
|
|
Residence: |
IMBONATI |
, 1 |
- 22100 |
Como |
(CO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Cantaroni |
Maria Luisa |
|
|
Born in Castelfranco Emilia |
(MO) |
on 28/06/1948 |
- Fiscal Code : CNTMLS48H68C107O |
|
|
Residence: |
Saragozza |
, 89 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Clo' |
Alessandro |
|
|
Born in Modena |
(MO) |
on 26/09/1941 |
- Fiscal Code : CLOLSN41P26F257V |
|
|
Residence: |
Brunelleschi |
, 114 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Rossini |
Angelo |
|
|
Born in MONTEFIORINO |
(MO) |
on 12/11/1926 |
- Fiscal Code : RSSNGL26S12F503B |
|
|
Residence: |
STAZIONE |
, 35 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Caminati |
Giuliano |
|
|
Born in Bibbiano |
(RE) |
on 22/08/1947 |
- Fiscal Code : CMNGLN47M22A850W |
|
|
Residence: |
Zona Industriale 1 Strada |
, 14-16-18 |
- 30030 |
Fosso' |
(VE) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Giargia |
Giovanni |
|
|
Born in Arquata Scrivia |
(AL) |
on 29/08/1933 |
- Fiscal Code : GRGGNN33M29A436I |
|
|
Residence: |
Po Cadorna |
, 7 |
- 10100 |
Torino |
(TO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Sghedoni |
Antonella |
|
|
Born in Sassuolo |
(MO) |
on 22/08/1962 |
- Fiscal Code : SGHNNL62M62I462X |
|
|
Residence: |
San Michele |
, 207 |
- 41049 |
Sassuolo |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Aita |
Antonio |
|
|
Born in Diamante |
(CS) |
on 15/09/1946 |
- Fiscal Code : TAINTN46P15D289M |
|
|
Residence: |
Vivaldi |
, 13 |
- 20040 |
Carnate |
(MB) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
Attorney with special power |
|
|
Pigozzo |
Livio |
|
|
Born in Villanova di Camposampiero |
(PD) |
on 01/03/1952 |
- Fiscal Code : PGZLVI52C01L979L |
|
|
Residence: |
Panfilo Sassi |
, 30 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Serafini |
Laura |
|
|
Born in Modena |
(MO) |
on 20/08/1949 |
- Fiscal Code : SRFLRA49M60F257G |
|
|
Residence: |
Jacopone Da Todi |
, 13 |
- 41100 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Galavotti |
Stefano |
|
|
Born in Rimini |
(FO) |
on 08/03/1956 |
- Fiscal Code : GLVSFN56C08H294X |
|
|
Residence: |
Stazione |
, 93 |
- 36070 |
Trissino |
(VI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
Director |
|
Managing Director |
|
|
Gasparetto |
Ivano |
|
|
Born in Maser |
(TV) |
on 30/12/1950 |
- Fiscal Code : GSPVNI50T30F009N |
|
|
Residence: |
L. Sanbonifacio |
, 7 |
- 35100 |
Padova |
(PD) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Bedoni |
Federica |
|
|
Born in Modena |
(MO) |
on 09/12/1969 |
- Fiscal Code : BDNFRC69T49F257D |
|
|
Residence: |
Roma |
, 12 |
- 41121 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Balocco |
Luciano |
|
|
Born in Tollegno |
(VC) |
on 26/02/1946 |
- Fiscal Code : BLCLCN46B26L193A |
|
|
: |
- 13847 |
Valle San Nicolao |
(BI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
|
Berlin |
Nicola |
|
|
Born in Venezia |
(VE) |
on 18/04/1964 |
- Fiscal Code : BRLNCL64D18L736M |
|
|
Residence: |
G. Garibaldi (carpenedo) |
, 94 |
- 30174 |
Venezia |
(VE) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Fanto' |
Fabrizio |
|
|
Born in Sondrio |
(SO) |
on 09/10/1967 |
- Fiscal Code : FNTFRZ67R09I829X |
|
|
Residence: |
Matteotti |
, 1/M |
- 27010 |
Borgarello |
(PV) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Colombi |
Riccardo |
|
|
Born in Milano |
(MI) |
on 08/06/1937 |
- Fiscal Code : CLMRCR37H08F205Q |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Proli |
Livio Paolo |
|
|
Born in Mondovi' |
(CN) |
on 25/05/1965 |
- Fiscal Code : PRLLPL65E25F351G |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Attorney with special power |
|
General Director |
|
Procurator |
|
|
Gambillara |
Davide |
|
|
Born in Venezia |
(VE) |
on 05/06/1957 |
- Fiscal Code : GMBDVD57H05L736J |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Moscone |
Pierluigi |
|
|
Born in Sora |
(FR) |
on 12/01/1972 |
- Fiscal Code : MSCPLG72A12I838L |
|
|
Residence: |
Borgonuovo |
, 11 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Gambarelli |
Daniela |
|
|
Born in Scandiano |
(RE) |
on 07/11/1963 |
- Fiscal Code : GMBDNL63S47I496X |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Sgro' |
Roberto |
|
|
Born in Torino |
(TO) |
on 01/10/1969 |
- Fiscal Code : SGRRRT69R01L219K |
|
|
Residence: |
Pietro Giardini |
, 1324 |
- 41126 |
Modena |
(MO) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
|
Giorgio Armani
S.p.a. |
|
- Fiscal Code : 02342990153 |
|
Ex-Postions |
|
Partner |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The firm
absorved |
|
|
|
|
Giardini |
, 1324 |
, 41041 |
, Modena |
(MO) |
- IT - |
|
|
Fiscal Code: 00811040153 |
|
|
Date |
: |
16/10/2003 |
|
|
Project of
merging by taking over of |
|
|
|
|
Giardini |
, 1324 |
, 41041 |
, Modena |
(MO) |
- IT - |
|
|
Fiscal Code: 00811040153 |
|
|
Date |
Merging/splitting-up project: |
19/03/2003 |
|
|
The firm
absorbed by merging of |
|
|
|
|
Giardini |
, 1324 |
, 41041 |
, Modena |
(MO) |
- IT - |
|
|
Fiscal Code: 00811040153 |
|
|
Date |
: |
16/10/2003 |
|
|
Project of
splitting-up and tranfer from |
|
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Merging/splitting-up project: |
08/05/2009 |
|
|
Project of
splitting-up and tranfer into |
|
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Merging/splitting-up project: |
08/05/2009 |
|
|
Splitting-up and
transfer of assets to |
|
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Splitting-up: |
11/06/2009 |
|
|
Splitting-up and
transfer of assets to |
|
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 02342990153 |
|
|
Date |
Splitting-up: |
21/09/2009 |
|
|
Project of
merging by taking over of |
|
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 09987850154 |
|
|
Date |
Merging/splitting-up project: |
09/09/2010 |
|
|
Resolution of
merging of |
|
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 09987850154 |
|
|
Date |
: |
22/09/2010 |
|
|
The firm
absorbed by merging of |
|
|
|
|
Della Resistenza |
, 35 |
, 42018 |
, San Martino in Rio |
(RE) |
- IT - |
|
|
Fiscal Code: 01994870358 |
|
|
Date |
: |
22/12/2010 |
|
|
Project of
merging by taking over of |
|
|
|
|
Borgonuovo |
, 11 |
, 20121 |
, Milano |
(MI) |
- IT - |
|
|
Fiscal Code: 10123480153 |
|
|
Date |
Merging/splitting-up project: |
28/03/2011 |
|
|
The firm
absorbed by merging of |
|
|
|
|
Cebrosa |
, 75 |
, 10036 |
, Settimo Torinese |
(TO) |
- IT - |
|
|
Fiscal Code: 00917600439 |
|
|
Date |
: |
17/06/2011 |
Protests
Protests checking on the subject firm has
given a negative result.
Data
Base Prejudicial Events Search
Search performed on a National Scale
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search performed on a specialized data base.
Legal
Procedures
None reported, standing to the latest
received edition of the Official Publications.
Financial
and Economical Analysis
Subject is active since 1990
The analysis is based on the latest 3
balance sheets.
Under an economic point of view, profits
were registered during the last years with a r.o.e. of 34,29% in 2013 keeping
the turnover steady during the last two years.
The operating result was positive in the
last financial year (24,14%) and even better than sector's average.
The amount of the operating result for the
year 2013 is of Eur. 118.663.496 , with no sizeable change as opposed to the
year before.
The G.O.M. amounted to Eur. 125.262.806 ,
stable if compared to the year before.
Company's financial status is balanced since
indebtedness is not high (1,12) yet on the increase as against the previous
accounting period.
The equity capital is equal to Eur.
222.776.620 , stable in comparison with the value of the previous year.
Eur. 250.433.508 is the amount of total
debts, both commercial and of different nature, showing a stable trend as
opposed to 2012 (Eur. 253.576.507).
Moderate recourse to bank credit while the
exposure towards suppliers is rather high but lined up with the field's
average.
It shows a good range of liquidity.
Credits are collected in 1,87 days on the
average. , that compared to the sector's average is shorter.
During financial year 2013 the cash flow
amounted to Eur. 82.984.307
Subordinate employment cost is of Eur.
70.201.180, i.e. 8,65% on total production costs. , whereas 7,61% is the
incidence on sales revenues.
If compared to the sales volume (-0,59%),
the impact of the financial charges is limited.
Financial
Data
|
|
Complete balance-sheet for the year |
al 31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
922.385.195 |
|
Profit (Loss) for the period |
76.384.997 |
|
|
Complete balance-sheet for the year |
al 31/12/2012 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
942.595.859 |
|
Profit (Loss) for the period |
84.328.852 |
|
|
Complete balance-sheet for the year |
al 31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
841.034.891 |
|
Profit (Loss) for the period |
70.054.375 |
|
|
Complete balance-sheet for the year |
al 31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
495.470.077 |
|
Profit (Loss) for the period |
30.665.912 |
|
|
Complete balance-sheet for the year |
al 31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
292.617.348 |
|
Profit (Loss) for the period |
43.212.277 |
Balance
Sheets
From our constant monitoring of the relevant
Public Administration offices, no more recent balance sheets result to have
been filed.
|
- Balance Sheet
as at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet
as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1 |
|
- Balance Sheet
as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2013 |
as at 31/12/2012 |
as at 31/12/2011 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|||||
|
Rigidity Ratio |
Units |
0,08 |
0,08 |
0,08 |
0,14 |
|
Elasticity Ratio |
Units |
0,92 |
0,92 |
0,92 |
0,84 |
|
Availability of stock |
Units |
0,37 |
0,38 |
0,36 |
0,24 |
|
Total Liquidity Ratio |
Units |
0,55 |
0,54 |
0,55 |
0,53 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,03 |
|
COMPOSITION ON
SOURCE |
|||||
|
Net Short-term indebtedness |
Units |
1,12 |
1,09 |
1,14 |
3,78 |
|
Self Financing Ratio |
Units |
0,45 |
0,46 |
0,44 |
0,17 |
|
Capital protection Ratio |
Units |
0,55 |
0,53 |
0,56 |
0,66 |
|
Liabilities consolidation quotient |
Units |
0,05 |
0,05 |
0,06 |
0,14 |
|
Financing |
Units |
1,12 |
1,10 |
1,15 |
4,55 |
|
Permanent Indebtedness Ratio |
Units |
0,48 |
0,48 |
0,47 |
0,33 |
|
M/L term Debts Ratio |
Units |
0,02 |
0,03 |
0,03 |
0,09 |
|
Net Financial Indebtedness Ratio |
Units |
0,00 |
0,00 |
0,00 |
1,26 |
|
CORRELATION |
|||||
|
Fixed assets ratio |
Units |
5,92 |
6,22 |
5,74 |
1,87 |
|
Current ratio |
Units |
1,80 |
1,84 |
1,82 |
1,17 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,08 |
1,08 |
1,10 |
0,79 |
|
Structure's primary quotient |
Units |
5,63 |
5,89 |
5,39 |
1,13 |
|
Treasury's primary quotient |
Units |
0,01 |
0,01 |
0,01 |
0,04 |
|
Rate of indebtedness ( Leverage ) |
% |
220,69 |
219,68 |
228,28 |
587,75 |
|
Current Capital ( net ) |
Value |
200.947.238 |
212.821.065 |
204.531.461 |
209.248 |
|
RETURN |
|||||
|
Return on Sales |
% |
9,00 |
9,56 |
9,03 |
2,26 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
34,29 |
36,60 |
32,41 |
3,48 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
50,92 |
53,78 |
48,59 |
12,19 |
|
Return on Investment ( R.O.I. ) |
% |
24,14 |
23,20 |
21,93 |
3,83 |
|
Return/ Sales |
% |
12,86 |
12,46 |
12,87 |
3,45 |
|
Extra Management revenues/charges incid. |
% |
64,37 |
71,82 |
64,74 |
20,46 |
|
Cash Flow |
Value |
82.984.307 |
90.070.933 |
75.904.242 |
50.400 |
|
Operating Profit |
Value |
118.663.496 |
117.419.163 |
108.207.821 |
68.610 |
|
Gross Operating Margin |
Value |
125.262.806 |
124.631.244 |
121.630.520 |
124.742 |
|
MANAGEMENT |
|||||
|
Credits to clients average term |
Days |
1,87 |
2,54 |
3,59 |
120,68 |
|
Debts to suppliers average term |
Days |
113,59 |
108,60 |
115,41 |
115,81 |
|
Average stock waiting period |
Days |
70,96 |
73,69 |
76,75 |
78,40 |
|
Rate of capital employed return ( Turnover
) |
Units |
1,88 |
1,86 |
1,70 |
1,14 |
|
Rate of stock return |
Units |
5,07 |
4,89 |
4,69 |
4,57 |
|
Labour cost incidence |
% |
7,61 |
7,33 |
8,65 |
12,27 |
|
Net financial revenues/ charges incidence |
% |
-0,59 |
0,41 |
-0,39 |
-1,84 |
|
Labour cost on purchasing expenses |
% |
8,65 |
8,09 |
9,25 |
12,16 |
|
Short-term financing charges |
% |
2,34 |
n.c. |
1,39 |
3,35 |
|
Capital on hand |
% |
53,30 |
53,70 |
58,66 |
87,41 |
|
Sales pro employee |
Value |
564.149 |
436.791 |
506.952 |
245.343 |
|
Labour cost pro employee |
Value |
42.936 |
32.005 |
43.848 |
32.046 |
Remarks
1) Protests checking (relative to the last
five years) performed by crossing and matching the members names and the Firm's
Style with the reported addresses, is supplied by the Informatic Registry
managed by the Italian Chamber of Commerce. If the fiscal code is not
indicated, the eventual homonymous cases are submitted to expert staff
evaluation in order to limit wrong matching risks.
2) The Legal Data, supplied and retrived
from the Firm's Registry of the Italian Chamber of Commerce, are in line with the
last registered modifications.
3) Risk evaluation and Credit Opinion have
been performed on the base of the actual data at the moment of their
availability.
Market
/ Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expences average in the
region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
|
Sector
Data
The values are calculated on a base of 864
significant companies.
The companies cash their credits on an
average of 121 dd.
The average duration of suppliers debts is about
116 dd.
The sector's profitability is on an average
of 2,26%.
The labour cost affects the turnover in the
measure of 12,27%.
Goods are held in stock in a range of 78 dd.
The difference between the sales volume and
the resources used to realize it is about 1,14.
The employees costs represent the 12,16% of
the production costs.
Statistical
Detrimental Data
Statistically the trade activity passes
through serious crises.
The area is statistically considered lowly
risky.
In the region 50.886 protested subjects are
found; in the province they count to 24.765.
The insolvency index for the region is 0,55,
, while for the province it is 0,66.
Total Bankrupt companies in the province :
22.523.
Total Bankrupt companies in the region :
39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.11 |
|
|
1 |
Rs.98.15 |
|
Euro |
1 |
Rs.77.60 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.