|
Report Date : |
22.10.2014 |
IDENTIFICATION DETAILS
|
Name : |
TMG-ACABAMENTOS TEXTEIS SA |
|
|
|
|
Registered Office : |
Rua 25 De Abril, 1678, Ronfe, 4805-369-Ronfe |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
06.03.1963 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Textile industry, mainly from finishings and fabric knitting, dyeing
and branqueação |
|
|
|
|
No. of Employees : |
144 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow |
|
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) |
|
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 |
|
Name |
TMG-ACABAMENTOS TEXTEIS SA |
|
V.A.T. Number / NIF |
500189773 |
|
Address |
Rua 25 de Abril, 1678 |
|
Locality |
Ronfe |
|
Postal Code |
4805-369-RONFE |
|
Municipality |
GUIMARAES |
|
District |
BRAGA |
|
Telephone |
253423700, 252300400 |
|
Fax |
253423701, 252300690 |
|
E-Mail |
central@tmg.pt |
|
Web Site |
www.tmg.pt |
|
C.A.E.(Rev 3) |
13301- Bleaching and Dyeing |
|
2011 |
2012 |
2013 |
|||
|
Net Sales |
8.116.249,00 |
|
5.511.973,00 |
|
7.359.560,00 |
|
Net Income For the Year |
(212.791,00) |
|
(1.815.252,00) |
|
(1.287.803,00) |
|
Shareholders Funds |
3.799.112,00 |
|
2.038.135,00 |
|
748.460,00 |
|
Stocks |
1.135.119,00 |
|
1.123.577,00 |
|
1.263.047,00 |
|
LIABILITY |
4.922.169,00 |
|
5.419.590,00 |
|
6.699.904,00 |
|
ASSETS |
8.721.281,00 |
|
7.457.725,00 |
|
7.448.364,00 |
|
Legal Form |
Joint Stock Company |
|
Constitution |
06-03-1963 |
|
V.A.T. Number / NIF |
500189773 |
|
Employees |
144 |
|
Capital |
2.750.000,00 |
|
Sales in : 31-12-2013 |
7.359.560,00 |
|
Shareholders Funds in:
31-12-2013 |
748.460,00 |
|
Governing Bodies |
|
Board of Director's |
|
|
MANUEL ANTONIO CARVALHO
GONCALVES |
Board of Director's President |
|
ISABEL MARIA GONCALVES FOLHADELA
DE OLIVEIRA MENDES FURTADO |
Board of Director's
Vice-President |
|
SANDRA MARIA CARVALHO
GONCALVES GOMES |
Administrator |
|
Fiscal Board |
|
|
PRICEWATERHOUSECOOPERS &
ASSOCIADOS-SOCIEDADE DE REVISORES OFICIAIS DE CONTAS LDA |
Unique Fiscal |
|
HERMINIO ANTONIO PAULOS AFONSO |
Fiscal Board Substitute |
|
Legal Structure |
|
Registed on the Register
Record Office of Guimaraes with the Register Number 500189773 previous number
545 in 05-06-1963 |
|
Constitution celebrated in 06-03-1963
published on Diário da República number 75 of 29-03-1963 |
|
To oblige the company it is
necessary 2 signature |
|
Changes to Society |
|
In 18-10-2012 on Portal MJ of
19-10-2012 social change |
|
In 13-04-2012 on Portal MJ of 21-06-2012
rectification |
|
In 27-03-2012 on Portal MJ of
16-04-2012 board of director's change |
|
In 03-11-2009 on Portal MJ of
06-11-2009 social change |
|
In 31-03-2009 on Portal MJ of
27-04-2009 board of director's change |
|
Capital |
|
The Capital is 2.750.000,00 ,
divided in 550000 shares , with a nominal value of 5,00 |
|
Activities |
|
Line of Business |
Percentage |
|||
|
Indústria
têxtil, principalmente a de acabamentos de tecidos e malhas, tinturaria e
branqueação (Textile
industry, mainly from finishings and fabric knitting, dyeing and branqueação) |
100% |
|||
|
|
Private Companies |
|||
|
Sales Conditions |
Contract |
|||
|
Geographic
Distribution of Sales |
|
Internal
Market |
International
Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
5.680.206,00 |
77,18% |
1.679.354,00 |
22,82% |
0,00 |
0,00% |
7.359.560,00 |
|
|
2012 |
5.147.938,00 |
93,40% |
364.035,00 |
6,60% |
0,00 |
0,00% |
5.511.973,00 |
|
|
2011 |
5.474.287,00 |
67,45% |
2.625.241,00 |
32,35% |
16.721,00 |
0,21% |
8.116.249,00 |
|
|
2010 |
7.753.301,00 |
99,39% |
47.822,00 |
0,61% |
0,00 |
0,00% |
7.801.123,00 |
|
Geographic
Distribution of Purchases |
|
Internal
Market |
International
Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
1.876.033,00 |
99,28% |
10.507,00 |
0,56% |
3.134,00 |
0,17% |
1.889.674,00 |
|
|
2012 |
1.517.029,00 |
98,89% |
13.545,00 |
0,88% |
3.502,00 |
0,23% |
1.534.076,00 |
|
|
2011 |
1.659.404,00 |
98,03% |
31.791,00 |
1,88% |
1.494,00 |
0,09% |
1.692.689,00 |
|
|
2010 |
1.859.696,00 |
97,48% |
38.162,00 |
2,00% |
9.876,00 |
0,52% |
1.907.734,00 |
|
Banks and Financial
Institutions |
|
MILLENNIUM BCP |
Corporate - Porto |
|
Incidents |
|
There are no of incidents on
our database |
|
Employees |
|
Year |
Total |
Men |
Women |
|
2013
|
144 |
118 |
82% |
26 |
18% |
|
|
2012
|
56 |
55 |
98% |
1 |
2% |
|
|
2011
|
58 |
57 |
98% |
1 |
2% |
|
|
2010
|
66 |
64 |
97% |
2 |
3% |
|
|
Head Office and Installations |
||||||
|
Head office, warehouse and
factory Rua 25 de Abril, n.º 1678, Ronfe, 4805-369, RONFE, Tel:253423700,
Fax:253423701 |
|
Apartado 14, São Cosme do
Vale, 4764-952 Vila Nova de Famalicão |
|
Financial Demonstration SNC |
||
|
Balance
Sheet SNC |
||
|
CoinEUROS |
Year:2013 |
|
|
2013 |
2012 |
2011 |
%
Var.2013/12 |
|
ASSET |
||||||
|
Non-current assets |
||||||
|
Tangible fixed assets |
3.117.216,00 |
3.434.688,00 |
3.891.859,00 |
(9,24)% |
||
|
Investment properties |
- |
- |
- |
- |
||
|
Goodwill |
- |
- |
- |
- |
||
|
Intangible assets |
136.219,00 |
142.029,00 |
85.951,00 |
(4,09)% |
||
|
Biological assets |
- |
- |
- |
- |
||
|
Financial participations -
patrimonial equity method |
- |
- |
- |
- |
||
|
Financial participations -
other methods |
- |
- |
- |
- |
||
|
Shareholders/partners |
- |
- |
- |
- |
||
|
Other financial assets |
- |
- |
- |
- |
||
|
Deferred tax assets |
720.000,00 |
1.170.000,00 |
1.170.000,00 |
(38,46)% |
||
|
Financial
investments(exclusive use by small entities and micro entities) |
- |
- |
- |
- |
||
|
Total |
3.973.435,00 |
4.746.717,00 |
5.147.810,00 |
(16,29)% |
||
|
Current assets |
||||||
|
Inventories |
1.263.047,00 |
1.123.577,00 |
1.135.119,00 |
12,41% |
||
|
Biological assets |
- |
- |
- |
- |
||
|
Costumers |
1.746.901,00 |
1.235.129,00 |
1.964.184,00 |
41,43% |
||
|
Advances to suppliers |
923,00 |
3.577,00 |
- |
(74,20)% |
||
|
State and other public
entities |
60.346,00 |
90.955,00 |
173.139,00 |
(33,65)% |
||
|
Shareholders/partners |
- |
- |
- |
- |
||
|
Other accounts receivable |
357.828,00 |
217.135,00 |
256.787,00 |
64,80% |
||
|
Deferrals |
- |
6.161,00 |
19.443,00 |
- |
||
|
Financial assets held for
trading |
7.297,00 |
7.296,00 |
7.297,00 |
0,01% |
||
|
Other financial assets |
73,00 |
- |
- |
- |
||
|
Non-current assets held for
sale |
- |
- |
- |
- |
||
|
Other current assets |
- |
- |
- |
- |
||
|
Cashier and bank deposits |
38.514,00 |
27.178,00 |
17.502,00 |
41,71% |
||
|
Total |
3.474.929,00 |
2.711.008,00 |
3.573.471,00 |
28,18% |
||
|
TOTAL ASSET |
7.448.364,00 |
7.457.725,00 |
8.721.281,00 |
(0,13)% |
||
|
SHAREHOLDERS FUNDS AND
LIABILITIES |
||||||
|
SHAREHOLDERS FUNDS |
||||||
|
Capital |
2.750.000,00 |
2.750.000,00 |
2.750.000,00 |
- |
||
|
Own shares |
- |
- |
- |
- |
||
|
Other shareholders funds
instruments |
- |
- |
- |
- |
||
|
Emission premiuns |
- |
- |
- |
- |
||
|
Legal reserves |
336.242,00 |
336.242,00 |
336.242,00 |
- |
||
|
Other reserves |
871.467,00 |
871.467,00 |
871.467,00 |
- |
||
|
Net retained |
(10.489.722,00) |
(8.674.470,00) |
(8.461.633,00) |
20,93% |
||
|
Adjustments on financial
assets |
- |
- |
- |
- |
||
|
Revaluation surplus |
8.568.276,00 |
8.545.988,00 |
8.491.667,00 |
0,26% |
||
|
Other shareholders funds
changes |
- |
24.160,00 |
24.160,00 |
- |
||
|
Total |
2.036.263,00 |
3.853.387,00 |
4.011.903,00 |
(47,16)% |
||
|
Net income for the period |
(1.287.803,00) |
(1.815.252,00) |
(212.791,00) |
(29,06)% |
||
|
Antecipated dividends |
- |
- |
- |
- |
||
|
TOTAL OF SHAREHOLDERS FUNDS |
748.460,00 |
2.038.135,00 |
3.799.112,00 |
(63,28)% |
||
|
LIABILITY |
||||||
|
Non-current liiabilities |
||||||
|
Provisions |
- |
- |
- |
- |
||
|
Financing obtained |
- |
- |
- |
- |
||
|
Responsability for post-employment
beneficts |
- |
- |
- |
- |
||
|
Diferred taxes liabilities |
199.735,00 |
331.470,00 |
311.901,00 |
(39,74)% |
||
|
Other payable accounts |
- |
- |
- |
- |
||
|
Total |
199.735,00 |
331.470,00 |
311.901,00 |
(39,74)% |
||
|
Current liabilities |
||||||
|
Suppliers |
723.189,00 |
1.265.771,00 |
1.323.045,00 |
(42,87)% |
||
|
Advances from costumers |
- |
- |
- |
- |
||
|
State and other public
entities |
184.637,00 |
49.217,00 |
40.581,00 |
275,15% |
||
|
Shareholders/partners |
2.050.000,00 |
1.460.000,00 |
1.650.000,00 |
40,41% |
||
|
Financing obtained |
2.838.545,00 |
1.940.396,00 |
1.176.790,00 |
46,29% |
||
|
Other payable accounts |
699.911,00 |
372.736,00 |
419.852,00 |
87,78% |
||
|
Deferrals |
3.887,00 |
- |
- |
- |
||
|
Financial liabilities held for
trading |
- |
- |
- |
- |
||
|
Other financial liabilities |
- |
- |
- |
- |
||
|
Non-current liabilities held
for sale |
- |
- |
- |
- |
||
|
Other current liabilities |
- |
- |
- |
- |
||
|
Total |
6.500.169,00 |
5.088.120,00 |
4.610.268,00 |
27,75% |
||
|
TOTAL LIABILITIES |
6.699.904,00 |
5.419.590,00 |
4.922.169,00 |
23,62% |
||
|
TOTAL SHAREHOLDERS FUNDS AND
LIABILITIES |
7.448.364,00 |
7.457.725,00 |
8.721.281,00 |
(0,13)% |
||
|
INCOME STATEMENT |
||||||
|
INCOME AND EXPENSES |
||||||
|
Sales and services |
7.359.560,00 |
5.511.973,00 |
8.116.249,00 |
33,52% |
||
|
Operating government grants |
3.863,00 |
- |
- |
- |
||
|
Gains/losses allocated
subsidiaries, associates and joint ventures |
- |
- |
- |
- |
||
|
Variation in production
inventories |
62.979,00 |
(7.787,00) |
(153.105,00) |
(908,77)% |
||
|
Work for the entity itself |
- |
- |
- |
- |
||
|
Cost of goods sold and
materials consumed |
1.812.427,00 |
1.554.314,00 |
1.974.599,00 |
16,61% |
||
|
Suppliers and external
services |
3.501.470,00 |
4.302.022,00 |
5.041.871,00 |
(18,61)% |
||
|
Personnel costs |
2.201.065,00 |
537.781,00 |
633.755,00 |
309,29% |
||
|
Impairment of inventories
(losses/revearsals) |
- |
37.624,00 |
- |
- |
||
|
Impairment of receivables
(losses/revearsals) |
(4.371,00) |
- |
18.194,00 |
- |
||
|
Provisions (increases/reductions)
|
- |
- |
- |
- |
||
|
Impairment of investments not
depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
||
|
Other impairments
(losses/reversals)/impairments (losses/reversals) (exclusive use by small entities
and microentities) |
- |
- |
- |
- |
||
|
Increases/decreases in fair
value |
- |
- |
- |
- |
||
|
Other income and gains |
104.571,00 |
95.877,00 |
552.284,00 |
9,07% |
||
|
Other expenses and losses |
182.217,00 |
154.607,00 |
288.411,00 |
17,86% |
||
|
Result before depreciation,
financing costs and taxes |
(161.835,00) |
(986.285,00) |
558.598,00 |
(83,59)% |
||
|
Expenses/reversals of
depreciation and amortization |
481.076,00 |
561.064,00 |
575.148,00 |
(14,26)% |
||
|
Impairment of investments
depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
||
|
Operating result (before
financing costs and taxes) |
(642.911,00) |
(1.547.349,00) |
(16.550,00) |
(58,45)% |
||
|
Interest and similar income
obtained |
1.373,00 |
3.027,00 |
7.225,00 |
(54,64)% |
||
|
interest and similar expenses
incurred |
324.282,00 |
270.362,00 |
199.555,00 |
19,94% |
||
|
Net before taxes |
(965.820,00) |
(1.814.684,00) |
(208.880,00) |
(46,78)% |
||
|
Income tax of the period |
321.983,00 |
568,00 |
3.911,00 |
56.587,15% |
||
|
Net profit for the period |
(1.287.803,00) |
(1.815.252,00) |
(212.791,00) |
(29,06)% |
||
|
Results of discontinued operations
(net of taxes) included in the net icome of the period |
- |
- |
- |
- |
||
|
RATIOS SNC |
|
Closing Date |
2013 |
2012 |
2011 |
|
|
||||||
|
TURNOVER RATIOS |
||||||
|
Shareholder's Funds
Profitability |
(1,721) |
(0,891) |
(0,056) |
|||
|
Assets Profitability |
(0,086) |
(0,207) |
(0,002) |
|||
|
Sales Net Profitability |
(0,175) |
(0,329) |
(0,026) |
|||
|
EFFICIENCY RATIOS |
||||||
|
Medium Term Receivable |
86,638 |
81,79 |
88,332 |
|||
|
Asset Rotation |
0,988 |
0,739 |
0,931 |
|||
|
PRODUCTIVITY RATIOS |
||||||
|
Productivity |
2,52 |
7,359 |
9,691 |
|||
|
SHORT TERM RATIOS |
||||||
|
General Liquidity |
0,535 |
0,533 |
0,775 |
|||
|
Reduced Liquidity |
0,34 |
0,312 |
0,529 |
|||
|
Immediate Liquidity |
0,006 |
0,005 |
0,004 |
|||
|
MEDIUM LONG TERM RATIOS |
||||||
|
Financial Autonomy |
0,1 |
0,273 |
0,436 |
|||
|
Solvability |
0,112 |
0,376 |
0,772 |
|||
|
Borrowed Capital Structure |
0,97 |
0,939 |
0,937 |
|||
|
General Debt |
3,793 |
0,952 |
0,31 |
|||
|
Debt Structure |
0,97 |
0,939 |
0,937 |
|||
|
Capital Structure |
3,747 |
6,149 |
12,181 |
|||
|
Operational and Financial Risk
|
||||||
|
Operational Leverage Level |
(8,628) |
(2,558) |
(371,097) |
|||
|
Financial Leverage Level |
0,666 |
0,853 |
0,079 |
|||
|
Combined Leverage Level |
(5,746) |
(2,182) |
(29,317) |
|||
|
CASH FLOW STATEMENT |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL
ACTIVITIES |
|||
|
Customers receipts |
8.438.571,00 |
7.460.945,00 |
13,10% |
|
Payments to suppliers |
7.243.072,00 |
7.072.290,00 |
2,41% |
|
Payments to employees |
1.896.362,00 |
553.778,00 |
242,44% |
|
Cash at bank generated from
operations |
(700.863,00) |
(165.123,00) |
(324,45)% |
|
Payment/receipt of income tax |
(12.247,00) |
(20.063,00) |
38,96% |
|
Other receipts/payments |
(281.277,00) |
106.687,00 |
(363,65)% |
|
Cash Flows from Operational Activities
(A) |
(994.387,00) |
(78.499,00) |
(1.166,75)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|||
|
Payments regarding: |
|||
|
Fixed tangible assets |
161.323,00 |
108.632,00 |
48,50% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
73,00 |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|||
|
Fixed tangible assets |
- |
912,00 |
- |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
1.373,00 |
3.027,00 |
(54,64)% |
|
Dividends |
- |
- |
- |
|
Cash Flows' Investments
Activities (B) |
(160.023,00) |
(104.693,00) |
(52,85)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|||
|
Receipts from: |
|||
|
Obtained financing |
382.784,00 |
900.000,00 |
(57,47)% |
|
Paying-up of capital and other
equity instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
590.000,00 |
- |
- |
|
Payments regarding: |
|||
|
Obtained financing |
- |
190.000,00 |
- |
|
Interests and similar expenses |
322.402,00 |
268.892,00 |
19,90% |
|
Dividends |
- |
- |
- |
|
Capital's redution and other
equity instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing
Activities © |
650.382,00 |
441.108,00 |
47,44% |
|
Variation in cash at bank and
its equivalents (A+B+C) |
(504.028,00) |
257.916,00 |
(295,42)% |
|
Effect of exchange differences
|
- |
- |
- |
|
Cash at bank and its equivalents
at the start of period |
(710.931,00) |
(968.846,00) |
26,62% |
|
Cash at bank and its
equivalents at the end of period |
(1.214.959,00) |
(710.930,00) |
(70,90)% |
|
CASH FLOWS |
|
Movimentos
do Periodo de 2013 |
||||
|
Rubrics |
Initial
balance |
Debits |
Credits |
Final
balance |
|
PERIOD'S CARRYING AMOUNT AND
MOVEMENTS |
|
|||
|
Cash in hand |
- |
- |
- |
0,00 |
|
Order deposits |
27.178,00 |
11.336,00 |
- |
38.514,00 |
|
Other bank deposits |
- |
- |
- |
0,00 |
|
Total cash at bank and bank
deposits |
27.178,00 |
11.336,00 |
0,00 |
38.514,00 |
|
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 |
0,00 |
0,00 |
0,00 |
|
Fixed tangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Land and Natural Resources |
- |
- |
- |
- |
|
Buildings and other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Development projects |
- |
- |
- |
- |
|
Computer programmes |
- |
- |
- |
- |
|
Industrial property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related to income /
operating |
- |
- |
- |
- |
|
Value of repayments in the
period: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Grants related to
assets/investment |
- |
- |
- |
- |
|
Grants related to income /
operating |
- |
- |
- |
- |
|
TOTAL |
0,00 |
0,00 |
0,00 |
0,00 |
|
IMPAIRMENT LOSSES IN FINANCIAL
ASSETS AT COST OR AT AMORTIZED COST |
|
Movimentos
do Periodo de 2013 |
|||
|
Rubrics |
Impairment
losses |
Impairment
losses reversals |
Total |
|
Receivable debts from
customers |
- |
4.371,00 |
(4.371,00) |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other
securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
0,00 |
4.371,00 |
(4.371,00) |
|
DEBTS REGISTERED AS DOUBTFUL |
|
Rubrics |
Value |
|
Regarding insolvency and company
recovery procedures or enforcement procedures |
- |
|
Claimed in court |
- |
|
In arrears: |
0,00 |
|
Over six months and up to
twelve months |
- |
|
Over twelve months and up to
eighteen months |
- |
|
Over eighteen months and up to
twenty four months |
- |
|
Over twenty four months |
- |
|
TOTAL |
0,00 |
|
EMPLOYEE BENEFITS, COMPANY
EMPLOYEES AND PERSONNEL COSTS |
|
Rubrics |
Average
number of employees |
Average
number of hours worked |
|
Of which: Part time company
employees |
0 |
0 |
|
Company employees, by gender: |
||
|
Men |
118 |
210.602 |
|
Women |
26 |
45.338 |
|
Company employees, of which: |
||
|
Company employees assigned to
Research and Development |
0 |
- |
|
Service providers |
0 |
0 |
|
People placed through temporary
employment agencies |
2 |
- |
|
Company employees, paid and
unpaid |
144 |
255.940 |
|
Paid company employees |
144 |
255.940 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of working hours |
||
|
Full time company employees |
144 |
255.940 |
|
Of which: Full time company
employees |
144 |
255.940 |
|
Part time company employees |
0 |
0 |
|
Staff costs |
|
Rubrics |
Value |
|
Staff costs |
2.201.065,00 |
|
Governance Bodies Remuneration |
10.667,00 |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
1.411.786,00 |
|
Of which: Profit-sharing |
- |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined contribution plans
- corporate bodies |
- |
|
For defined contribution plans
- others |
- |
|
Compensations |
97.664,00 |
|
Charges on remunerations |
338.805,00 |
|
Insurance for accidents at
work and professional diseases |
- |
|
Social security expenses |
- |
|
Other staff costs |
342.143,00 |
|
Of which: |
|
|
Expenditure on education |
- |
|
Expenditure on uniforms |
- |
|
INFORMATION BY GEOGRAPHIC
MARKETS |
|
Geographic
markets |
||||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
166.513,00 |
57,00 |
- |
166.570,00 |
|
Services provided |
5.513.693,00 |
1.679.297,00 |
- |
7.192.990,00 |
|
Purchases |
1.876.033,00 |
10.507,00 |
3.134,00 |
1.889.674,00 |
|
Supplies and external services |
3.003.064,00 |
498.406,00 |
- |
3.501.470,00 |
|
Acquisition of fixed tangible
assets |
121.128,00 |
25.284,00 |
17.000,00 |
163.412,00 |
|
Acquisition of investment
properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible
assets |
74.562,00 |
- |
- |
74.562,00 |
|
Supplementary income: |
2.268,00 |
0,00 |
0,00 |
2.268,00 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and
technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
2.268,00 |
- |
- |
2.268,00 |
|
Memorandum: Sales and services
provided (undiscounted values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and
supplies and external services (undiscounted values) |
- |
- |
- |
0,00 |
|
RECEIVABLE AND PAYABLE
ACCOUNTS |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Customers |
|
||
|
Trade accounts receivable |
1.746.901,00 |
1.235.129,00 |
41,43% |
|
Trade notes receivable |
- |
- |
- |
|
Advances received from
customers |
- |
- |
- |
|
Suppliers |
|||
|
Trade accounts payable |
705.561,00 |
1.262.650,00 |
(44,12)% |
|
Trade notes payable |
- |
- |
- |
|
Trade accounts payable -
unchecked invoices |
17.628,00 |
3.121,00 |
464,82% |
|
Advances to suppliers |
923,00 |
3.577,00 |
(74,20)% |
|
Staff |
|||
|
Payable remunerations |
- |
- |
- |
|
Advanced payments |
- |
- |
- |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
State and other public sector institutions |
|||
|
Income Tax |
59.992,00 |
65.982,00 |
(9,08)% |
|
Deductible IVA (debt
cumulative amounts) |
- |
- |
- |
|
Paid IVA (credit cumulative
amounts) |
- |
- |
- |
|
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 |
2.050.000,00 |
1.460.000,00 |
40,41% |
|
Other receivable and payable accounts |
|||
|
Investment providers - general
accounts |
5.959,00 |
3.868,00 |
54,06% |
|
Trade accounts payable - unchecked
invoices |
- |
- |
- |
|
Advanced payments to
investment providers |
- |
- |
- |
|
additional income - Debtors |
6.609,00 |
20.080,00 |
(67,09)% |
|
additional expenses -
Creditors |
482.077,00 |
191.680,00 |
151,50% |
|
Deferred tax assets |
720.000,00 |
1.170.000,00 |
(38,46)% |
|
Deferred tax liabilities |
199.735,00 |
331.470,00 |
(39,74)% |
|
Unreleased subscriptions -
Creditors |
- |
- |
- |
|
Advances received on account
of sales |
- |
- |
- |
|
Other debtors and creditors |
|||
|
Other debtors |
155.288,00 |
188.981,00 |
(17,83)% |
|
Other creditors |
171.467,00 |
169.890,00 |
0,93% |
|
EXPENSE ACCOUNTS |
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Supplies and external services |
3.501.470,00 |
4.302.022,00 |
(18,61)% |
|
Subcontracts |
131.787,00 |
94.329,00 |
39,71% |
|
Specialized services |
635.141,00 |
1.694.008,00 |
(62,51)% |
|
Specialized works |
512.709,00 |
1.611.854,00 |
(68,19)% |
|
Of which: Payments to workers
placed through agencies |
495,00 |
2.855,00 |
(82,66)% |
|
Advertising and promotion |
- |
- |
- |
|
Surveillance and security |
20.855,00 |
87,00 |
23.871,26% |
|
Fees |
- |
3.841,00 |
- |
|
Comissions |
3.397,00 |
9.846,00 |
(65,50)% |
|
Maintenance and repairs |
72.925,00 |
45.467,00 |
60,39% |
|
Others |
25.255,00 |
22.913,00 |
10,22% |
|
Materials |
169.322,00 |
154.534,00 |
9,57% |
|
Fast wear tools and utensils |
520,00 |
554,00 |
(6,14)% |
|
Books and technical
documentation |
- |
- |
- |
|
Office material |
16.154,00 |
13.816,00 |
16,92% |
|
Gift items |
130,00 |
41,00 |
217,07% |
|
Others |
152.518,00 |
140.123,00 |
8,85% |
|
Energy and fluids |
1.989.707,00 |
1.613.686,00 |
23,30% |
|
Electricity |
512.147,00 |
428.827,00 |
19,43% |
|
Fuels |
1.481,00 |
3.151,00 |
(53,00)% |
|
Water |
- |
- |
- |
|
Others |
1.476.079,00 |
1.181.708,00 |
24,91% |
|
Travel, lodging and
transportation |
42.950,00 |
24.236,00 |
77,22% |
|
Travel and lodging |
3.432,00 |
1.233,00 |
178,35% |
|
Transport of personnel |
8,00 |
- |
- |
|
Transport of goods |
39.510,00 |
23.003,00 |
71,76% |
|
Others |
- |
- |
- |
|
Different services |
532.563,00 |
721.229,00 |
(26,16)% |
|
Rents and leases |
3.155,00 |
5.774,00 |
(45,36)% |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
6.701,00 |
6.656,00 |
0,68% |
|
Insurance |
77.691,00 |
99.151,00 |
(21,64)% |
|
Royalties |
- |
- |
- |
|
Litigation and Notaries |
168,00 |
1.042,00 |
(83,88)% |
|
Representation expenses |
91,00 |
52,00 |
75,00% |
|
Cleaning, hygiene and comfort |
45.482,00 |
44.596,00 |
1,99% |
|
Other services |
399.275,00 |
563.958,00 |
(29,20)% |
|
Deliberation of Approval of
Accounts |
|
Were the financial year's
accounts approved? |
|
|
YES |
|
|
Data da Aprovação: 25-03-2014 |
|
|
By (Unanimity/Majority): |
|
|
Unanimity |
|
|
Percentage of issued votes related to the share capital
subscribed with voting right |
|
|
100 |
|
|
The accounts were approved: |
|
|
In general meeting regularly
convoked |
|
|
The accounts were approved: |
|
|
In POC/SNC/NCM (National Plan of
Accounts/Accounting Normalization System/Accounting Normalization for micro
entities) |
|
PROFIT APLICATION ACCORDING TO
THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S ACCOUNTS |
|
Rubrics |
2013 |
2012 |
|
Retained earnings |
(11.777.525,00) |
(10.489.722,00) |
|
Allocated results / Available
profits |
- |
- |
|
Percentages or bonuses to
managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
- |
- |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
(11.777.525,00) |
(10.489.722,00) |
|
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:
506628752 |
|
|
Was the Legal certification of accounts issued? |
|
|
YES |
|
|
With reserves |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.30 |
|
|
1 |
Rs.99.16 |
|
Euro |
1 |
Rs.78.59 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
PDT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.