MIRA INFORM REPORT

Report Date :

15.09.2014

IDENTIFICATION DETAILS

Name :	ESCAL ESCARGOT D'ALSACE

Registered Office :	Nutrana-Liesel Escargots-Liesel-Escal, 6 Rue De La Minoterie, Bp 59 67017 Strasbourg Cedex

Country :	France

Financials (as on) :	31.12.2010

Date of Incorporation :	August 1980

Legal Form :	Public Limited Company With Board of Directors

Line of Business :	Processing and preserving of fish, crustaceans and molluscs (1020Z )

No of Employees :	50 to 99 employees

RATING & COMMENTS

MIRA’s Rating :

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

Status :	Moderate

Payment Behaviour :	Unknown

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 01, 2014

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

France

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

FRANCE - ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 82 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality. France's real GDP stagnated in 2012 and 2013. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2013. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 22.8% in the fourth quarter of 2013. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.1% of GDP in 2013, while France's public debt rose from 68% of GDP to nearly 94% over the same period. In accordance with its EU obligations, France is targeting a deficit of 3.6% of GDP in 2014 and 2.8% in 2015. The administration of President Francois HOLLANDE has implemented greater state support for employment, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, including a temporary 75% tax on wages over one million euros, and hiring an additional 60,000 teachers during his five-year term. In January 2014 HOLLANDE proposed a “Responsibility Pact” aimed primarily at lowering labor costs in return for businesses’ commitment to create jobs. Despite stagnant growth and fiscal challenges, France's borrowing costs have declined in recent years because investors remain attracted to the liquidity of France’s bonds.

Source : CIA

company summary

Trade name	NUTRANA-LIESEL ESCARGOTS-LIESEL-ESCAL...
Activity (APE)	Processing and preserving of fish, crustaceans and molluscs (1020Z )	Legal form	Public limited company with board of directors
Phone	03 88 60 05 56	RCS Registration	RCS Strasbourg B 307 667 089
Fax	03 88 60 05 56	Share capital	160,000 Euros
Address	ESCAL ESCARGOT D'ALSACE NUTRANA-LIESEL ESCARGOTS-LIESEL-ESCAL. 6 RUE DE LA MINOTERIE BP 59 67017 STRASBOURG CEDEX	Incorporated Date
Nationality	France	Status	Economically active

	Last published preferential right	This company is not under monitoring
	Collection of preferential rights impossible on this company

Current Directors

Trading to Date	12/31/2010	12/31/2009	12/31/2008
Turnover	65,164,586 €	60,359,514 €	66,635,008 €
Gross Operating Surplus	3.15 % Turnover	4.80 % Turnover	8.12 % Turnover
Shareholders’ equity	15,704,614 €	13,962,048 €	12,022,697 €
Net result	1,743,053 €	2,189,828 €	1,908,475 €
Employees	50 to 99 employees	-	-

	Trends
	Profitability
	Liquidity
	Net worth

company details

COMPANY DETAILS

Activity (APE)	Transformation et conservation de poisson, de crustacés et de mollusques (1020Z)
RCS Registration	RCS Strasbourg B 307 667 089	Share capital	160,000 Euros
Registration Court	Strasbourg (67)	Legal form	Public limited company with board of directors
Court Registry Number	76 B 00393	EUR VAT Number	FR10307667089
Incorporation Date		Formation Date	01/1976
Deregistration Date		Last account Date	31/12/2010
Nationality	France

Establishment details

Trade name	NUTRANA-LIESEL ESCARGOTS-LIESEL-ESCAL...
Activity (APE)	Transformation et conservation de poisson, de crustacés et de mollusques (1020Z)	Business Pages FT®	SURGELES: PRODUITS ALIMENTAIRES (FABRICATION, GROS)
Postal Address	ESCAL ESCARGOT D'ALSACE NUTRANA-LIESEL ESCARGOTS-LIESEL-ESCAL. 6 RUE DE LA MINOTERIE BP 59 67017 STRASBOURG CEDEX	Trading Address	6 RUE DE LA MINOTERIE 67000 STRASBOURG
Telephone	03 88 60 05 56
Fax	03 88 60 05 56

Type	Head office (one site company)	Status	Economically active
Formation Date	08/1980	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Bas-Rhin (67)	Region	Alsace
District	8	Area	99
City	STRASBOURG	Size of urban area	Urban unit with 200 000 to 1 999 999 inhabitants

Other establishments

	Branches		1 branch entities in this company


	Head office		> ESCAL ESCARGOT D'ALSACE <<< - Transformation et conservation de poisson, de crustacés et de mollusques (1020Z) in STRASBOURG (67000)

	Secondary establishments

	Regionality	Legal unit with all establishments in same area

	Mono-activity status	Legal unit having all establishments with the same main activity

Workforces

Workforce at address	50 to 99 employees	Company workforce	50 to 99 employees

Accounts

Active Account | Passive Account | Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2010	31/12/2009	31/12/2008
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Date of capture	09/07/2012	09/07/2012	03/06/2010
Activity Code	1020Z	1020Z	1020Z
Employees	0	0	0

ACTIVE ACCOUNT

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	2,202,298	-5.8%	2,336,855	-14.6%	2,736,491	246,527.50	793.3%
- Intangible assets	9,247	272.0%	2,486	-42.1%	4,296	7,622	21.3%
- Tangible assets	1,257,831	-3.5%	1,303,128	-13.1%	1,499,654	125,795.50	899.9%
- Financial assets	935,220	-9.3%	1,031,241	-16.3%	1,232,541	5,350	17380.7%
Net current assets	35,842,461	9.4%	32,758,128	-14.5%	38,329,126	738,168.50	4755.6%
- Stocks	12,488,408	37.3%	9,092,593	-16.8%	10,925,436	97,127.50	12757.7%
- Advanced payments	0	9.4%	0	0%	0	0	0%
- Receivables	21,276,924	-0.7%	21,428,447	-17.7%	26,023,859	353,291	5922.5%
- Securities and cash	2,077,129	-7.2%	2,237,088	62.1%	1,379,831	82,777.50	2409.3%
- Prepaid expenses	-	-	-	-	-	524	-
Accounts of regularization	01	-99.9%	1,703	54.5%	1,102	0	0%
Total Assets	38,044,760	8.4%	35,096,686	-14.5%	41,066,719	973,073.50	3809.8%

PASSIVE ACCOUNT

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Shareholders' equity	15,704,614	12.5%	13,962,048	16.1%	12,022,697	216,731	7146.1%
Share capital	160,000	0%	160,000	0%	160,000	89,250	79.3%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	719,345	-26.2%	974,649	-13.1%	1,122,077	0	0%
Liabilities	21,611,650	7.3%	20,144,872	-27.7%	27,858,796	612,765	3426.9%
- Financial liabilities	1,448,493	42.4%	1,017,432	-68.7%	3,245,712	105,209.50	1276.8%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	13,583,959	-2.1%	13,876,892	-27.5%	19,141,575	236,550	5642.5%
- Tax and social liabilities	1,898,602	7.4%	1,767,429	-15.0%	2,079,574	169,247.50	1021.8%
- Other debts and fixed assets liabilities	4,689,746	34.1%	3,498,236	1.2%	3,455,084	15,564	30032.0%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	38,044,759	8.4%	35,096,684	-14.5%	41,066,719	973,073	3809.8%

RESULTS

Annual Accounts	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Sales of Goods	69,199,156	7.9%	64,155,996	-8.3%	69,934,287	1,921,646.50	3501.0%
Net turnover	65,164,586	8.0%	60,359,514	-9.4%	66,635,008	1,901,120.50	3327.7%
- of which net export turnover	31,706,187	11.2%	28,499,955	-4.5%	29,838,877	0	0%
Operating charges	65,883,391	8.7%	60,592,651	-8.3%	66,094,757	1,921,518	3328.7%
Operating profit/loss	3,315,765	-6.9%	3,563,345	-7.2%	3,839,530	25,924.50	12690.1%
Financial income	61,861	-52.6%	130,414	34.2%	97,150	228	27032.0%
Financial charges	315,049	21.3%	259,774	-38.9%	424,892	5,184	5977.3%
Financial profit/loss	-253,188	-95.7%	-129,360	60.5%	-327,742	-2,642.50	-9481.4%
Pretax net operating income	3,062,577	-10.8%	3,433,985	-2.2%	3,511,788	19,779	15384.0%
Extraordinary income	325,095	45.5%	223,392	-62.3%	593,149	4,534.50	7069.4%
Extraordinary charges	545,228	140.2%	226,997	-77.3%	1,001,244	3,439	15754.3%
Extraordinary profit/loss	-220,133	-6006.3%	-3,605	99.1%	-408,095	0	0%
Net result	1,743,053	-20.4%	2,189,828	14.7%	1,908,475	18,273.50	9438.7%

Display parameter
Currency	Euro	Kilo Euro

	Normal Account		31/12/2010		31/12/2009		31/12/2008
	Months		12		12		12

Accounts - Active
Current Assets | Equalization accounts | Reference

Grand Total - Passive Accounts (I to IV)

		31/12/2010		31/12/2009		31/12/2008
Grand Total (I to VI)	Net	38,044,760	8.4%	35,096,686	-14.5%	41,066,719
Gross	CO	42,285,947	5.1%	40,218,732	-13.9%	46,733,822
Amortisation	1A	4,241,187	-17.2%	5,122,046	-9.6%	5,667,103

NON DECLARED DISTRIBUTED CAPITAL (I)

		31/12/2010		31/12/2009		31/12/2008
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	-	-	-	-

ACTIVE FIXED ASSET (II)

		31/12/2010		31/12/2009		31/12/2008
Total Active fixed asset (II)	Net	2,202,298	-5.8%	2,336,855	-14.6%	2,736,491
Gross	BJ	5,319,397	0.2%	5,311,410	-6.3%	5,666,078
Amortisation	BK	3,117,099	4.8%	2,974,555	1.5%	2,929,587

INTANGILBLE FIXED ASSETS

			31/12/2010		31/12/2009		31/12/2008
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	0	0%	0	0%	0
	Gross	AF	0	0%	0	0%	0
	Amortisation	AG	0	0%	0	0%	0
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	0	0%	0	0%	0
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	9,247	272.0%	2,486	-42.1%	4,296
	Gross	AJ	103,276	8.2%	95,447	1.0%	94,457
	Amortisation	AK	94,029	1.1%	92,961	3.1%	90,161
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	9,247	272.0%	2,486	-42.1%	4,296

TANGILBLE FIXED ASSETS

		31/12/2010		31/12/2009		31/12/2008
Lands	Net	0	0%	0	0%	0
Gross	AN	0	0%	0	0%	0
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	81,074	-14.5%	94,860	-12.8%	108,768
Gross	AP	1,016,535	0%	1,016,535	0%	1,016,535
Amortisation	AQ	935,461	1.5%	921,675	1.5%	907,767
Plant	Net	346,392	-15.5%	409,735	-19.8%	510,660
Gross	AR	1,376,117	-3.1%	1,420,467	-11.7%	1,608,967
Amortisation	AS	1,029,725	1.9%	1,010,732	-8.0%	1,098,307
Other tangible fixed assets	Net	830,365	4.0%	798,533	-9.3%	880,226
Gross	AT	1,888,249	8.0%	1,747,720	2.0%	1,713,578
Amortisation	AU	1,057,884	11.5%	949,187	13.9%	833,352
Fixed assets in construction	Net	0	0%	0	0%	0
Gross	AV	0	0%	0	0%	0
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	1,257,831		1,303,128		1,499,654

FINANCIAL ASSETS

		31/12/2010		31/12/2009		31/12/2008
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	286,394	0%	286,394	0%	286,394
Gross	CU	286,394	0%	286,394	0%	286,394
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	648,826	-12.9%	744,847	-21.3%	946,147
Gross	BH	648,826	-12.9%	744,847	-21.3%	946,147
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		935,220		1,031,241		1,232,541

CURRENT ASSETS (III)

		31/12/2010		31/12/2009		31/12/2008
Total Assets	Net	35,842,461	9.4%	32,758,128	-14.5%	38,329,126
Gross	CJ	36,966,549	5.9%	34,905,619	-15.0%	41,066,642
Amortisation	CK	1,124,088	-47.7%	2,147,491	-21.6%	2,737,516

STOCKS

		31/12/2010		31/12/2009		31/12/2008
Raw materials	Net	8,730,463	40.0%	6,237,716	-15.0%	7,339,511
Gross	BL	9,565,949	16.9%	8,185,106	-16.4%	9,788,039
Amortisation	BM	835,486	-57.1%	1,947,390	-20.5%	2,448,528
Work in progress (goods)	Net	0	0%	0	0%	0
Gross	BN	0	0%	0	0%	0
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	3,757,945	31.6%	2,854,877	-20.4%	3,585,925
Gross	BR	4,005,213	32.9%	3,013,644	-21.7%	3,850,078
Amortisation	BS	247,268	55.7%	158,767	-39.9%	264,153
Goods for resale	Net	0	0%	0	0%	0
Gross	BT	0	0%	0	0%	0
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	12,488,408	37.3%	9,092,593	-16.8%	10,925,436

ADVANCE PAYMENTS TO SUPPLIERS

		31/12/2010		31/12/2009		31/12/2008
Advance payments to suppliers	Net	0	0%	0	0%	0
Gross	BV	0	0%	0	0%	0
Amortisation	BW	0	0%	0	0%	0

DEBTORS

		31/12/2010		31/12/2009		31/12/2008
Trade accounts receivable	Net	17,229,980	-5.9%	18,306,084	-19.9%	22,851,449
Gross	BX	17,271,314	-5.9%	18,347,418	-19.8%	22,876,284
Amortisation	BY	41,334	0%	41,334	66.4%	24,835
Other debtors	Net	1,737,081	40.2%	1,238,814	-32.6%	1,838,652
Gross	BZ	1,737,081	40.2%	1,238,814	-32.6%	1,838,652
Amortisation	CA	0	0%	0	0%	0
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total Debtors	Net	18,967,061	-3.0%	19,544,898	-20.8%	24,690,101

DIVERS

		31/12/2010		31/12/2009		31/12/2008
Investment securities	Net	0	0%	0	0%	0
Gross	CD	0	0%	0	0%	0
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	2,077,129	-7.2%	2,237,088	62.1%	1,379,831
Gross	CF	2,077,129	-7.2%	2,237,088	62.1%	1,379,831
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	2,077,129	-7.2%	2,237,088	62.1%	1,379,831

PREPAID EXPENSES

		31/12/2010		31/12/2009		31/12/2008
Prepaid expenses	Net	2,309,863	22.6%	1,883,549	41.2%	1,333,758
Gross	CH	2,309,863	22.6%	1,883,549	41.2%	1,333,758
Amortisation	CI	0	0%	0	0%	0

EQUALIZATION ACCOUNTS (IV TO VI)

		31/12/2010		31/12/2009		31/12/2008
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	01	-99.9%	1,703	54.5%	1,102
Gross		01	-99.9%	1,703	54.5%	1,102

REFERENCES

		31/12/2010		31/12/2009		31/12/2008
Due within one year	CP	0	0%	744,847	-21.3%	946,147
Due after one year	CR	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

ACCOUNTS – PASSIVE

GRAND TOTAL - PASSIVE ACCOUNTS (I TO IV)

			31/12/2010		31/12/2009		31/12/2008
	Grand Total (I to V)	EE	38,044,759	8.4%	35,096,684	-14.5%	41,066,719

SHAREHOLDER EQUITY (I)

		31/12/2010		31/12/2009		31/12/2008
Total shareholders' equity (Total I)	DL	15,704,614	12.5%	13,962,048	16.1%	12,022,697
Equity and shareholders' equity	DA	160,000	0%	160,000	0%	160,000
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	16,000	0%	16,000	0%	16,000
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	0	0%	0	0%	0
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	12,819,696	18.4%	10,829,867	18.5%	9,141,392
Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
Profits or losses brought forward	DH	0	0%	0	0%	0
Profit or loss for the period	DI	1,743,053	-20.4%	2,189,828	14.7%	1,908,475
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	965,865	26.0%	766,352	-3.8%	796,830

OTHER CAPITAL RESOURCES (II)

		31/12/2010		31/12/2009		31/12/2008
Total other capital resources (Total II)	DO	0	0%	0	0%	0
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0

PROVISIONS FOR RISKS AND CHARGES (III)

		31/12/2010		31/12/2009		31/12/2008
Total provisions for risks and charges (Total III)	DR	719,345	-26.2%	974,649	-13.1%	1,122,077
Risk provisions	DP	221,905	-27.0%	303,935	-44.0%	543,183
Reserves for charges	DQ	497,440	-25.8%	670,714	15.9%	578,894

LIABILITIES (IV)

		31/12/2010		31/12/2009		31/12/2008
Total Liabilities (Total IV)	EC	21,611,650	7.3%	20,144,872	-27.7%	27,858,796
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	1,335,858	44.1%	927,015	-70.2%	3,112,166
Sundry loans and financial liabilities	DV	112,635	24.6%	90,417	-32.3%	133,546
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	0	0%	0	0%	0
Trade accounts payables	DX	13,583,959	-2.1%	13,876,892	-27.5%	19,141,575
Tax and social security liabilities	DY	1,898,602	7.4%	1,767,429	-15.0%	2,079,574
Fixed asset liabilities	DZ	10,354	0%	10,354	0%	10,354
Other debts	EA	4,670,242	34.5%	3,472,766	2.7%	3,381,581

TRANSLATION LOSS (V)

			31/12/2010		31/12/2009		31/12/2008
	Translation loss (Total V)	ED	9,150	-39.5%	15,116	-76.1%	63,149

EQUALIZATION ACCOUNTS

			31/12/2010		31/12/2009		31/12/2008
	Deferred income	EB	0	0%	0	0%	0

REFERENCES

		31/12/2010		31/12/2009		31/12/2008
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	0	0%	0
Of which current bank facilities	EH	1,335,858	0%	0	0%	882,866

Display parameter
Currency	Euro	Kilo Euro

RESULT ACCOUNT

1- OPERATING RESULT(I-II)

			31/12/2010		31/12/2009		31/12/2008
	Operating result (Total I-II)	GG	3,315,765	-6.9%	3,563,345	-7.2%	3,839,530

2 -FINANCIAL RESULT(V - VI)

			31/12/2010		31/12/2009		31/12/2008
	Financial result (Total V-VI)	GV	-253,188	-95.7%	-129,360	60.5%	-327,742

3 -PRE-TAX NET OPERATING INCOME RESULT(I - VI)

			31/12/2010		31/12/2009		31/12/2008
	Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	3,062,577	-10.8%	3,433,985	-2.2%	3,511,788

4 -EXTRAORDINARY RESULT(VII-VIII)

			31/12/2010		31/12/2009		31/12/2008
	Extraordinary result (Total VII-VIII)	HI	-220,133	-6006.3%	-3,605	99.1%	-408,095

PROFIT OR LOSS

			31/12/2010		31/12/2009		31/12/2008
	Profit or loss	HN	1,743,053	-20.4%	2,189,828	14.7%	1,908,475

TOTAL INCOME (I+III+V+VII)

			31/12/2010		31/12/2009		31/12/2008
	Total Income (I+III+V+VII)	HL	69,586,112	7.9%	64,509,803	-8.7%	70,624,586

TOTAL CHARGES (TOTAL II+IV+VI+VIII+IX+X)

			31/12/2010		31/12/2009		31/12/2008
	Total charges (Total II+IV+VI+VIII+IX+X)	HM	67,843,058	8.9%	62,319,975	-9.3%	68,716,111

OPERATING INCOME(I)

			31/12/2010		31/12/2009		31/12/2008
	Total operating income (Total I)	FR	69,199,156	7.9%	64,155,996	-8.3%	69,934,287

OPERATING INCOME (DETAILS)

		31/12/2010		31/12/2009		31/12/2008
Sale of goods for resale	FC	0	0%	0	0%	0
France	FA	0	0%	0	0%	0
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	65,164,586	8.0%	60,347,012	-9.4%	66,635,008
France	FD	33,458,399	5.1%	31,847,057	-13.4%	36,796,131
Export	FE	31,706,187	11.2%	28,499,955	-4.5%	29,838,877
Sale of services	FI	0	0%	12,502	0%	0
France	FG	0	0%	12,502	0%	0
Export	FH	0	0%	0	0%	0
Net turnover	FL	65,164,586	8.0%	60,359,514	-9.4%	66,635,008
France	FJ	33,458,399	5.0%	31,859,559	-13.4%	36,796,131
Export	FK	31,706,187	11.2%	28,499,955	-4.5%	29,838,877
Stocked production	FM	991,569	218.5%	-836,434	-197.7%	855,724
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	5,625	65.4%	3,400	0%	0
Release of reserves and provisions	FP	2,557,473	-20.5%	3,215,873	99.2%	1,614,544
Other income	FQ	479,903	-66.1%	1,413,643	70.5%	829,011

OPERATING CHARGES(II)

			31/12/2010		31/12/2009		31/12/2008
	Total operating charges (Total II)	GF	65,883,391	8.7%	60,592,651	-8.3%	66,094,757

EXPLOITATION CHARGES

		31/12/2010		31/12/2009		31/12/2008
Purchase of goods for resale	FS	0	0%	0	0%	0
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	43,738,430	24.7%	35,062,786	-12.4%	40,034,465
Change in stocks of raw materials	FV	-1,379,026	-186.0%	1,602,934	174.4%	-2,153,618
Other external purchases and charges	FW	17,055,633	10.7%	15,401,794	-21.6%	19,645,029
Tax, duty and similar payments	FX	455,827	-6.6%	488,192	0.8%	484,498
Payroll	FY	2,855,995	3.6%	2,756,112	-0.8%	2,777,296
Social security costs	FZ	1,385,167	5.2%	1,316,822	2.1%	1,289,261

DEPRECIATION

		31/12/2010		31/12/2009		31/12/2008
Depreciation of fixed assets	GA	308,465	7.6%	286,710	11.0%	258,328
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	1,082,754	-49.6%	2,147,491	-20.8%	2,712,681
Provisions for risks and charges	GD	188,684	-54.5%	414,296	-17.5%	502,378

OTHER CHARGES

			31/12/2010		31/12/2009		31/12/2008
	Other charges	GE	191,462	-82.8%	1,115,514	104.9%	544,439

OPERATING CHARGES (III-IV)

		31/12/2010		31/12/2009		31/12/2008
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

FINANCIAL INCOME(V)

		31/12/2010		31/12/2009		31/12/2008
Total financial income (Total V)	GP	61,861	-52.6%	130,414	34.2%	97,150
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	13,859	4762.8%	285	-93.4%	4,350
Released provisions and transferred charges	GM	1,703	-98.0%	85,069	607535.7%	14
Exchange gains	GN	34,684	108.6%	16,630	-65.0%	47,453
Net income from disposal of investment securities	GO	11,615	-59.1%	28,430	-37.3%	45,333

FINANCIAL CHARGE (VI)

		31/12/2010		31/12/2009		31/12/2008
Total financial charge (Total VI)	GU	315,049	21.3%	259,774	-38.9%	424,892
Financial reserves and provisions	GQ	99,860	5763.8%	1,703	-98.0%	85,069
Interest and similar charges	GR	181,924	-19.8%	226,963	-31.1%	329,444
Exchange losses	GS	33,265	6.9%	31,108	199.7%	10,379
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

EXTRAORDINARY INCOME(VII)

		31/12/2010		31/12/2009		31/12/2008
Total extraordinary income (Total VII)	HD	325,095	45.5%	223,392	-62.3%	593,149
Extraordinary operating income	HA	322	-99.8%	163,027	0%	0
Extraordinary income from capital transactions	HB	168,079	4209.7%	3,900	-99.3%	573,169
Released provisions and transferred charges	HC	156,694	177.5%	56,464	182.6%	19,980

EXTRAORDINARY CHARGES(VIII)

		31/12/2010		31/12/2009		31/12/2008
Total extraordinary charges (Total VIII)	HH	545,228	140.2%	226,997	-77.3%	1,001,244
Extraordinary operating charges	HE	111,772	-44.4%	201,011	360.5%	43,652
Extraordinary charges from capital transactions	HF	168,079	0%	0	0%	573,169
Extraordinary reserves and provisions	HG	265,377	921.2%	25,986	-93.2%	384,423

EMPLOYEE PROFIT SHARING(IX)

			31/12/2010		31/12/2009		31/12/2008
	Employee profit sharing (Total IX)	HJ	169,090	-9.6%	186,960	15.0%	162,514

TAX ON PROFITS(X)

			31/12/2010		31/12/2009		31/12/2008
	Tax on profits (Total X)	HK	930,300	-11.7%	1,053,594	2.0%	1,032,705

REFERENCES

		31/12/2010		31/12/2009		31/12/2008
Of which equipment leases	HP	0	0%	269,456	32.8%	202,948
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	0	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

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

Fixed Assets
GRAND TOTAL FIXED ASSETS (I TO IV)

		31/12/2010		31/12/2009		31/12/2008
Gross value at begin of period	OG	0	0%	0	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreasess by budget item transfer	OK1	96,020	-52.3%	201,300	0%	0
Decreasess by transfers	OK2	333,999	38.2%	241,743	-71.4%	845,217
Gross value at the end of period	OL	5,319,396	0.2%	5,311,408	-6.3%	5,666,075

RESEARCH AND DEVELOPMENT CHARGE (TOTAL I)

		31/12/2010		31/12/2009		31/12/2008
Gross value at begin of period	CZ	0	0%	0	0%	0
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreasess by budget item transfer	C01	0	0%	0	0%	0
Decreasess by transfers	C02	0	0%	0	0%	0
Gross value at the end of period	D0	0	0%	0	0%	0

OTHER BUDGET ITEM FROM INTANGIBLE FIXED ASSETS(TOTAL II)

		31/12/2010		31/12/2009		31/12/2008
Gross value at begin of period	KD	95,447	1.0%	94,457	-0.2%	94,671
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	10,424	952.9%	990	-64.1%	2,758
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	2,595	0%	0	0%	2,973
Gross value at the end of period	LW	103,276	8.2%	95,447	1.0%	94,456

TANGIBLE FIXED ASSETS (TOTAL III)

		31/12/2010		31/12/2009		31/12/2008
Gross value at begin of period	LN	4,184,722	-3.6%	4,339,079	5.9%	4,096,464
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	427,582	389.3%	87,384	-91.9%	1,084,859
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	331,404	37.1%	241,743	-71.3%	842,244
Gross value at the end of period	NH	4,280,901	2.3%	4,184,720	-3.6%	4,339,079

FIANCIAL ASSETS (TOTAL IV)

		31/12/2010		31/12/2009		31/12/2008
Gross value at begin of period	LQ	1,031,240	-16.3%	1,232,541	31.6%	936,811
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	295,729
Decreasess by budget item transfer	NJ1	96,020	-52.3%	201,300	0%	0
Decreasess by transfers	NJ2	0	0%	0	0%	0
Gross value at the end of period	NK	935,220	-9.3%	1,031,241	-16.3%	1,232,540

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

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

RESEARCH AND DEVELOPMENT CHARGE (TOTAL I)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

OTHER INTANGIBLE ASSETS (TOTAL II)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	PE	92,961	3.1%	90,161	-0.4%	90,546
Increases		PF	3,663	30.8%	2,800	8.2%	2,588
Decreasess		PG	2,594	0%	0	0%	2,973
	Decreasess by budget item transfer	PH	94,029	1.1%	92,961	3.1%	90,161

TOTAL FIXED ASSETS AMOTISATION(TOTAL III)

			31/12/2010		31/12/2009		31/12/2008
	Reserve for depreciation value at begin of period	QU	2,881,594	1.5%	2,839,425	-0.4%	2,849,936
Increases		QV	304,802	7.4%	283,910	9.8%	258,563
Decreases		QW	163,325	-32.4%	241,743	-10.2%	269,075
	Decreasess by budget item transfer	QX	3,023,070	4.9%	2,881,592	1.5%	2,839,424

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2010		31/12/2009		31/12/2008
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

PREMIUM REFUND OF OBLIGATIONS

			31/12/2010		31/12/2009		31/12/2008
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7C	3,888,492	0%	0	0%	2,609,235
Increases		UB	1,636,674	0%	0	0%	3,681,726
Decreases		UC	2,715,870	0%	0	0%	1,634,538
	Value at the end of period	UD	2,809,296	0%	0	0%	4,656,423

Includes Total allocations

Operating	UE	265,376	0%	0%
Financial	UG	288,544	0%	0%
Exceptional	UJ	1,082,754	0%	0%

Includes Total Withdrawal

Operating	UF	65,864	0%	0%
Financial	UH	543,849	0%	0%
Exceptional	UK	2,106,157	0%	0%

TOTAL REGULATED PROVISIONS (TOTAL I)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	3Z	766,352	0%	0	0%	435,212
Increases		TS	265,376	0%	0	0%	381,598
Decreases		TT	65,864	0%	0	0%	19,980
	Value at the end of period	TU	965,864	0%	0	0%	796,830

TOTAL RISK AND CHARGE PROVISIONS (TOTAL II)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	5Z	974,649	0%	0	0%	694,403
Increases		TV	288,544	0%	0	0%	587,447
Decreases		TW	543,849	0%	0	0%	159,773
	Value at the end of period	TX	719,344	0%	0	0%	1,122,077

TOTAL PROVISION FOR DEPRECIATION (TOTAL III)

			31/12/2010		31/12/2009		31/12/2008
	Value at begining of period	7B	2,147,491	0%	0	0%	1,479,620
Increases		TY	1,082,754	0%	0	0%	2,712,681
Decreases		TZ	2,106,157	0%	0	0%	1,454,785
	Value at the end of period	UA	1,124,088	0%	0	0%	2,737,516

STATE DEADLINES CLAIMS AND DEBTS AT THE END OF PERIOD
STATE CLAIMS

		31/12/2010		31/12/2009		31/12/2008
Gross value	VT	21,967,084	-1.1%	22,214,628	-17.7%	26,994,840
1 year at most	VU	21,320,118	-0.7%	21,471,641	-17.6%	26,050,553
More than one year	VV	646,966	-12.9%	742,987	-21.3%	944,287

STATE OF LOANS

		31/12/2010		31/12/2009		31/12/2008
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	648,826	-12.9%	744,847	-21.3%	946,147
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

RECEIVABLES STATEMENT OF ASSETS

		31/12/2010		31/12/2009		31/12/2008
Customers doubtful or disputed	VA	41,524	0%	41,524	62.4%	25,565
Other claims customer	UX	17,229,790	-5.9%	18,305,894	-19.9%	22,850,719
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	7,026	8.0%	6,505	8.7%	5,983
Social Security and other social organizations	UZ	0	0%	0	0%	793
Income taxes	VM	113,592	0%	0	0%	0
Value added tax	VB	1,391,137	75.1%	794,494	-45.0%	1,443,543
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	225,326	-48.5%	437,815	12.7%	388,332

Prepaid

			31/12/2010		31/12/2009		31/12/2008
	Prepaid	VS	2,309,863	22.6%	1,883,549	41.2%	1,333,758

STATE DEBT

			31/12/2010		31/12/2009		31/12/2008
	Total debt (gross)	VY	21,611,651	7.3%	20,144,873	-27.7%	27,858,796
1 year at most		VZ2	21,611,651	7.3%	20,144,873	-27.5%	27,779,070
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	79,726
More than 5 years		VZ4	0	0%	0	0%	0

DETAILS

			31/12/2010		31/12/2009		31/12/2008
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	1,335,858	44.1%	927,015	-70.2%	3,112,166
1 year at most		VG2	1,335,858	44.1%	927,015	-69.4%	3,032,440
More than 1 year and 5 years at most		VG3	0	0%	0	0%	79,726
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	675,084	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	13,583,959	-2.1%	13,876,892	-27.5%	19,141,575
1 year at most		8B2	13,583,959	-2.1%	13,876,892	-27.5%	19,141,575
More than 1 year and 5 years at most		8B3	13,583,959	-2.1%	13,876,892	-27.5%	19,141,575
	Personnel and associated accounts (gross)	8C1	667,293	0%	0	0%	657,077
1 year at most		8C2	667,293	-1.2%	675,084	2.7%	657,077
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	651,533	11.6%	584,039	0.6%	580,656
1 year at most		8D2	651,533	11.6%	584,039	0.6%	580,656
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	29,812	-81.7%	163,070
1 year at most		8E2	0	0%	29,812	-81.7%	163,070
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	355,702	26.5%	281,199	-40.0%	468,640
1 year at most		VW2	355,702	26.5%	281,199	-40.0%	468,640
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	197,295	0%	0
1 year at most		VX2	0	0%	197,295	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	224,075	0%	0	0%	210,131
1 year at most		VQ2	0	0%	0	0%	0
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	10,354	0%	10,354	0%	10,354
1 year at most		8J2	10,354	0%	10,354	0%	10,354
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	112,635	24.6%	90,417	-32.3%	133,546
1 year at most		VI2	112,635	24.6%	90,417	-32.3%	133,546
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	4,670,242	34.5%	3,472,766	2.7%	3,381,581
1 year at most		8K2	4,670,242	34.5%	3,472,766	2.7%	3,381,581
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

REFERENCES

		31/12/2010		31/12/2009		31/12/2008
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	79,726	0%	0	0%	107,021

Table allocation results and other information
Dividends distributed

			31/12/2010		31/12/2009		31/12/2008
	Dividends	ZE	0	0%	0	0%	0

COMMITMENTS

		31/12/2010		31/12/2009		31/12/2008
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

OTHER CHARGES EXTERNES

		31/12/2010		31/12/2009		31/12/2008
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

TAXES AND FEES

		31/12/2010		31/12/2009		31/12/2008
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2010		31/12/2009		31/12/2008
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

AVERAGE NUMBER OF EMPLOYEES

			31/12/2010		31/12/2009		31/12/2008
	Average number of employees	YP	0	0%	0	0%	0

GROUPS AND SHAREHOLDERS

			31/12/2010		31/12/2009		31/12/2008
	Groups and Shareholders	ZR	0	0%	0	-	-

Display parameter
Comparison mode	Average	Median

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

Structure and Liquidity

	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Fixed Asset Financing	3.69	3.7%	3.56	9.5%	3.25	1.27	190.6%
Global Debt	119days	-0.8%	120days	-20.5%	151days	101days	17.8%
Working Capital Fund overall net	79days	-2.5%	81days	17.4%	69days	25days	216.0%
Financial independence	1175.62%	-21.9%	1506.13%	289.9%	386.31%	208.98%	462.6%
More ratios
Solvability	41.28%	3.8%	39.78%	35.9%	29.28%	30.63%	34.8%
Capacity debt futures	1175.62%	34.9%	871.48%	131.4%	376.66%	865.18%	35.9%
Coverage of current assets by net working capital overall	41.36%	0.3%	41.24%	28.3%	32.14%	29.24%	41.5%
General Liquidity	0.99	-7.5%	1.07	13.8%	0.94	0.63	57.1%
Restricted Liquidity	1.08	-8.5%	1.18	19.2%	0.99	0.86	25.6%

MANAGEMENT OR ROTATION

	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Need background in operating working capital	62days	8.8%	57days	-3.4%	59days	12days	416.7%
Treasury	4days	-69.2%	13days	333.3%	3days	7days	-42.9%
Inventory turnover of goods	days	-	days	-	days	5days	-
Average length of credit granted to customers	95days	-12.8%	109days	-12.1%	124days	39.50days	140.5%
Average length of credit obtained suppliers	82days	-14.6%	96days	-20.0%	120days	53.50days	53.3%
More ratios
Inventory turnover of raw materials in industrial enterprises	79days	-6.0%	84days	-4.5%	88days	36.50days	116.4%
Inventory turnover of intermediate and finished products in the industrial enterprise	1522days	5.5%	1442days	-6.1%	1536days	394.50days	285.8%
Rotation tangible assets	1522.22%	5.5%	1442.38%	-6.1%	1535.69%	372.38%	308.8%

PROFITABILITY OF THE BUSINESS

	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Margin trading	0%	0%	0%	0%	0	0.99%	0%
Profitability of the business	3.15	-34.4%	4.80	-40.9%	8.12	4.23%	-25.5%
Net profit	2.67%	-26.4%	3.63%	26.9%	2.86%	1.42%	88.0%
More ratios
Growth rate of turnover (excluding VAT)	7.96%	184.5%	-9.42%	-182.5%	11.42%	4.55%	74.9%
Rates integration	10.34%	-16.3%	12.35%	-17.4%	14.95%	24.70%	-58.1%
Rate leasing furniture	0%	0%	0.45%	50.0%	0.30%	0%	0%
Work Factor	62.91%	15.2%	54.63%	33.9%	40.81%	75.96%	-17.2%
Weight interests	0.48	11.6%	0.43%	-32.8%	0.64%	0.37%	29.7%

RETURN ON CAPITAL

	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Cash flow from the overall profitability	-0.46%	-111.1%	4.14%	4.5%	3.96%	3.67%	-112.5%
Rates of economic profitability	12%	-36.8%	19%	-45.7%	35%	16%	-25.0%
Financial profitability	15704614%	12.5%	13962048%	16.1%	12022697%	207691.50%	7461.5%
Return on investment	12%	-26.6%	16.35%	7.0%	15.28%	8.47%	41.7%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

SOLDES INTERMÉDIAIRES DE GESTION

	31/12/2010		31/12/2009		31/12/2008	Sector Median2010
Turnover	65,164,586	8.0%	60,359,514	-9.4%	66,635,008	1,901,120 €	3327.7%

Sales of goods	0	0%	0	0%	0
- Purchase of goods	0	0%	0	0%	0
+/- Stock of goods variation	0	0%	0	0%	0
Trading margin	0 €	0%	0 €	0%	0 €	23,217 €	0%
	0.00 % CA	0%	0.00 % CA	0%	0.00 % CA	1.70 % CA	0%

Sale of goods produced	65,164,586	8.0%	60,359,514	-9.4%	66,635,008
+/- Stocked production	991,569	218.5%	-836,434	-197.7%	855,724
+ Self-constructed assets	0	0%	0	0%	0
Period production	66,156,155 €	11.1%	59,523,080 €	-11.8%	67,490,732 €	835,622.50 €	7817.0%
	101.52 % CA	3.0%	98.61 % CA	-2.6%	101.28 % CA	97.72 % CA	3.9%

Trading margin	0	0%	0	0%	0	23,217	0%
+ Period Production	66,156,155	11.1%	59,523,080	-11.8%	67,490,732	835,622.50	7817.0%
- Purchase of raw materials	43,738,430	24.7%	35,062,786	-12.4%	40,034,465
+/- Change in stocks of raw materiels	-1,379,026	-186.0%	1,602,934	174.4%	-2,153,618
- Other external purchases and charges	17,055,633	10.7%	15,401,794	-21.6%	19,645,029
Added value	6,741,118 €	-9.6%	7,455,566 €	-25.2%	9,964,856 €	510,191 €	1221.3%
	10.34 % CA	-16.3%	12.35 % CA	-17.4%	14.95 % CA	24.70 % CA	-58.1%

Added value	6,741,118 €	-9.6%	7,455,566 €	-25.2%	9,964,856 €	510,191 €	1221.3%
+ Operating grants	5,625	65.4%	3,400	0%	0
- Tax, duty and similar payments	455,827	-6.6%	488,192	0.8%	484,498
- Personal charges	4,241,162	4.1%	4,072,934	0.2%	4,066,557
Gross operating surplus	2,049,754 €	-29.3%	2,897,840 €	-46.5%	5,413,801 €	52,213 €	3825.8%
	3.15 % CA	-34.4%	4.80 % CA	-40.9%	8.12 % CA	4.23 % CA	-25.5%

Gross operating surplus	2,049,754 €	-29.3%	2,897,840 €	-46.5%	5,413,801 €	52,213 €	3825.8%
+ Release of reserves and provisions	2,557,473	-20.5%	3,215,873	99.2%	1,614,544
+ Other operating income	479,903	-66.1%	1,413,643	70.5%	829,011
- Depreciation/Amortisation	1,579,903	-44.5%	2,848,497	-18.0%	3,473,387
- Other charges	191,462	-82.8%	1,115,514	104.9%	544,439
Operating result	3,315,765 €	-6.9%	3,563,345 €	-7.2%	3,839,530 €	25,924.50 €	12690.1%
	5.09 % CA	-13.7%	5.90 % CA	2.4%	5.76 % CA	2.14 % CA	137.9%

Operating result	3,315,765 €	-6.9%	3,563,345 €	-7.2%	3,839,530 €	25,924.50 €	12690.1%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	61,861	-52.6%	130,414	34.2%	97,150
- Financial charges	315,049	21.3%	259,774	-38.9%	424,892
Pre-tax result	3,062,577 €	-10.8%	3,433,985 €	-2.2%	3,511,788 €	19,778.50 €	15384.4%
	4.70 % CA	-17.4%	5.69 % CA	8.0%	5.27 % CA	1.94 % CA	142.3%

Extraordinary income	325,095	45.5%	223,392	-62.3%	593,149	4,534.50	7069.4%
- Extraordinary charges	545,228	140.2%	226,997	-77.3%	1,001,244
Extraordinary result	-220,133 €	-6006.3%	-3,605 €	99.1%	-408,095 €	0 €	0%
	-0.34 % CA	-3300%	-0.01 % CA	98.4%	-1 % CA	0 % CA	0%

Pre-tax result	3,062,577 €	-10.8%	3,433,985 €	-2.2%	3,511,788 €	19,778.50 €	15384.4%
Extraordinary result	-220,133 €	-6006.3%	-3,605 €	99.1%	-408,095 €	0 €	0%
- Employee profit sharing	169,090	-9.6%	186,960	15.0%	162,514
- Tax on profits	930,300	-11.7%	1,053,594	2.0%	1,032,705
Net result	1,743,054 €	-20.4%	2,189,826 €	14.7%	1,908,474 €	18,274 €	9438.4%
	2.67 % CA	-26.4%	3.63 % CA	26.9%	2.86 % CA	1.41 % CA	89.4%

judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Summary of preferential rights

Status of Monitoring	Collection of preferential rights impossible on this company
Number of active preferential rights	0
Total amount	-
Due remaining amount	-

Group data

Group Structure

No group information available for the company

Shareholders

No Shareholders available for this company

Linkages

No Linkages information available for the company

Consolidated Accounts

Active Account | Passive Account | Account Results | Consolidation

Synthesized Accounts

Annual Accounts	31/12/2006
Account period (month)	12
Account Type	Consolidated
Activity Code	1020Z

ACTIVE ACCOUNT

Annual Accounts	31/12/2006
Capital not called	0
Total fixed assets	2,514,203
- Intangible assets	2,486
- Tangible assets	1,702,771
- Financial assets	808,946
Net current assets	35,669,645
- Stocks	6,162,428
- Advanced payments	0
- Receivables	27,050,037
- Securities and cash	2,457,180
Accounts of regularization	0
Total Assets	38,183,848

PASSIVE ACCOUNT

Annual Accounts	31/12/2006
Shareholders' equity	10,004,184
Share capital	160,000
Other capital resources	0
Risk Provisions	690,141
Liabilities	27,277,250
- Financial liabilities	2,456,230
- Advanced payments received	261,461
- Trade account payables	20,856,664
- Tax and social liabilities	2,685,235
- Other debts and fixed assets liabilities	1,014,766
Account regularization	2,894
Total liabilities	38,183,848

RESULTS

Annual Accounts	31/12/2006
Sales of Goods	65,952,132
Net turnover	64,144,591
- of which net export turnover	38,288,771
Operating charges	63,297,667
Operating profit/loss	2,654,465
Financial income	110,253
Financial charges	257,265
Financial profit/loss	-147,012
Pretax net operating income	2,507,453
Extraordinary income	61,141
Extraordinary charges	108,962
Extraordinary profit/loss	-47,821

CONSOLIDATION

Annual Accounts	31/12/2006
Net result before amortisation of goodwill	1,730,865
Goodwill amortisation allocation	0
Net result of equity affiliates companies	0
Net result of integrated companies	0
Group result (consolidated net result)	1,730,865
Share of minority interest (Result except group)	46,263
Net result - group share (part of parent company)	1,684,602

Display parameter
Currency	Euro	Kilo Euro

	Normal Account		31/12/2006
	Months		12

Accounts - Active
Current Assets | Equalization accounts | Reference

GRAND TOTAL - PASSIVE ACCOUNTS (I TO IV)

		31/12/2006
Grand Total (I to VI)	Net	38,183,848
Gross	CO	43,344,184
Amortisation	1A	5,160,336

CAPITAL SUBSCRIBED NOT CALLED (I)

			31/12/2006
	Capital suscribed not called (I)	AA3	0

ACTIVE FIXED ASSET (II)

		31/12/2006
Total Active fixed asset (II)	Net	2,514,203
Gross	BJ	6,132,121
Amortisation	BK	3,617,918

INTANGILBLE FIXED ASSETS

		31/12/2006
Start-up cost	Net	0
Gross	AB	0
Amortisation	AC	0
R&D expenses	Net	0
Gross	CX	0
Amortisation	AE	0
Distributorships, patents	Net	0
Gross	AF	2,973
Amortisation	AG	2,973
Goodwill	Net	0
Gross	AH	0
Amortisation	AI	0
Other intangible fixed assets	Net	2,486
Gross	AJ	88,769
Amortisation	AK	86,283
Pre-payments and downpayments	Net	0
Gross	AL	0
Amortisation	AM	0

TANGILBLE FIXED ASSETS

		31/12/2006
Acquisition difference	Net	0
Gross	A11	0
Amortisation	A12	0
Goodwill	Net	0
Gross	A21	0
Amortisation	A22	0
Difference from the first consolidation	Net	0
Gross	A31	0
Amortisation	A32	0
Lands	Net	0
Gross	AN	0
Amortisation	AO	0
Buildings	Net	141,393
Gross	AP	1,036,435
Amortisation	AQ	895,042
Plant	Net	938,924
Gross	AR	2,647,720
Amortisation	AS	1,708,796
Other tangible fixed assets	Net	622,454
Gross	AT	1,547,278
Amortisation	AU	924,824
Fixed assets in construction	Net	0
Gross	AV	0
Amortisation	AW	0
Advances and payments on account	Net	0
Gross	AX	0
Amortisation	AY	0

FINANCIAL ASSETS

		31/12/2006
Associates at equity	Net	0
Gross	CS	0
Amortisation	CT	0
Other participations	Net	0
Gross	CU	0
Amortisation	CV	0
Inter-company receivables	Net	0
Gross	BB	0
Amortisation	BC	0
Other investment securities	Net	0
Gross	BD	0
Amortisation	BE	0
Loans	Net	0
Gross	BF	0
Amortisation	BG	0
Other financial assets	Net	808,946
Gross	BH	808,946
Amortisation	BI	0
Other financial assets	Net	0
Gross	A41	0
Amortisation	A42	0

CURRENT ASSETS (III)

		31/12/2006
Total Assets	Net	35,669,645
Gross	CJ	37,212,063
Amortisation	CK	1,542,418

STOCKS

		31/12/2006
Raw materials	Net	4,164,434
Gross	BL	5,292,545
Amortisation	BM	1,128,111
Work in progress (goods)	Net	0
Gross	BN	0
Amortisation	BO	0
Work in progress (services)	Net	0
Gross	BP	0
Amortisation	BQ	0
Semi-finished and finished products	Net	1,634,922
Gross	BR	1,830,394
Amortisation	BS	195,472
Goods for resale	Net	363,072
Gross	BT	363,072
Amortisation	BU	0

ADVANCE PAYMENTS TO SUPPLIERS

		31/12/2006
Advance payments to suppliers	Net	0
Gross	BV	0
Amortisation	BW	0

DEBTORS

		31/12/2006
Trade accounts receivable	Net	24,701,270
Gross	BX	24,920,105
Amortisation	BY	218,835
Other debtors	Net	1,979,243
Gross	BZ	1,979,243
Amortisation	CA	0
Capital subscribed and called up	Net	11,940
Gross	CB	11,940
Amortisation	CC	0

DIVERS

		31/12/2006
Investment securities	Net	0
Gross	CD	0
Amortisation	CE	0
Cash and cash equivalents	Net	2,457,180
Gross	CF	2,457,180
Amortisation	CG	0

PREPAID EXPENSES

		31/12/2006
Prepaid expenses	Net	357,584
Gross	CH	357,584
Amortisation	CI	0

EQUALIZATION ACCOUNTS (IV TO VI)

		31/12/2006
Multi-period charges	CW3	0
Premiums on redemption of bonds	CM3	0
Currency differential gain	CN3	0

REFERENCES

		31/12/2006
Due within one year	CP	0
Due after one year	CR	0

Display parameter
Currency	Euro	Kilo Euro

			31/12/2006
	Grand Total (I to IV)	EE	38,183,848

SHAREHOLDER EQUITY (I)

		31/12/2006
Total shareholders' equity (Total I)	DL	10,004,184
Equity and shareholders' equity	DA	160,000
Issue and merger premiums	DB	0
Revaluation differentials	DC	0
Of which equity differential	EK	0
Legal reserve	DD	16,000
Statutory or contractual reserve	DE	0
Special regulated reserves	DF	0
Other reserves	DG	8,143,582
Profits or losses brought forward	DH	0
Conversion differences	P1	0
Net result - group part	P2	1,684,602
Investment grants	DJ	0
Special tax-allowable reserves	DK	0

OTHER CAPITAL RESOURCES (II)

		31/12/2006
Total other capital resources (Total II)	DO	0
Income from participating securities	DM	0
Conditional loans	DN	0
Others	P3	0

PROVISIONS FOR RISKS AND CHARGES (III)

		31/12/2006
Total provisions for risks and charges (Total III)	DR	690,141
Conversion differences	P4	0
In reserves	P5	166,010
In results	P6	46,263
Total III	P7	212,273
Delayed tax	P8	0
Acquisition differences	P9	0
Risk provisions	DP	0
Reserves for charges	DQ	690,141

LIABILITIES (IV)

		31/12/2006
Total Liabilities (Total IV)	EC	27,277,250
Convertible debentures	DS	0
Other debentures	DT	0
Bank loans and liabilities	DU	1,961,390
Sundry loans and financial liabilities	DV	494,840
Of which participating loans	EI	0
Advance payments received for current orders	DW	261,461
Trade accounts payables	DX	20,856,664
Tax and social security liabilities	DY	2,685,235
Fixed asset liabilities	DZ	10,354
Other debts	EA	1,004,412

TRANSLATION LOSS (V)

			31/12/2006
	Translation loss (Total V)	ED	0

EQUALIZATION ACCOUNTS

			31/12/2006
	Deferred income	EB	2,894

REFERENCES

		31/12/2006
Of which tax-allowable reserve	EF	0
Deferred income and liabilities	EG	0
Of which current bank facilities	EH	0

Display parameter
Currency	Euro	Kilo Euro

			31/12/2006
	Operating result (Total I-II)	GG	2,654,465

2 - FINANCIAL RESULT (V - VI)

			31/12/2006
	Financial result (Total V-VI)	GV	-147,012

3 - PRE-TAX NET OPERATING INCOME RESULT (I - VI)

			31/12/2006
	Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	2,507,453

4 - EXTRAORDINARY RESULT (VII-VIII)

			31/12/2006
	Extraordinary result (Total VII-VIII)	HI	-47,821

CONSOLIDATION

		31/12/2006
Delayed tax	R1	18,255
Net result before amortisation of acquisition differences	R2	1,730,865
Endowment to amortisation of acquisition differences	R3	0
Net result of companies set in equivalence	R4	0
Net result of integrated companies	R5	0
Group result (consolidated net result)	R6	1,730,865
Cross-reference : equipment leasing	R7	46,263
Cross-reference : property leasing	R8	1,684,602

OPERATING INCOME (I)

			31/12/2006
	Total operating income (Total I)	FR	65,952,132

OPERATING INCOME (DETAILS)

		31/12/2006
Sale of goods for resale	FC	27,901,000
France	FA	4,858,563
Export	FB	23,042,437
Sale of goods produced	FF	36,243,591
France	FD	20,997,257
Export	FE	15,246,334
Sale of services	FI	0
France	FG	0
Export	FH	0
Net turnover	FL	64,144,591
France	FJ	25,855,820
Export	FK	38,288,771
Stocked production	FM	22,831
Self-constructed assets	FN	0
Operating grants	FO	12,000
Release of reserves and provisions	FP	1,459,257
Other income	FQ	313,453

OPERATING CHARGES (II)

			31/12/2006
	Total operating charges (Total II)	GF	63,297,667

EXPLOITATION CHARGES

		31/12/2006
Purchase of goods for resale	FS	4,704,244
Change in stocks of goods for resale	FT	105,101
Purchase of raw materials	FU	25,765,016
Change in stocks of raw materials	FV	113,832
Other external purchases and charges	FW	25,487,535
Tax, duty and similar payments	FX	524,304
Payroll	FY	3,404,518
Social security costs	FZ	1,371,253

DEPRECIATION

		31/12/2006
Depreciation of fixed assets	GA	1,804,864
Amortisation of fixed assets	GB	0
Depreciation/amortisation of current assets	GC	0
Provisions for risks and charges	GD	0

OTHER CHARGES

			31/12/2006
	Other charges	GE	17,000

OPERATING CHARGES (III-IV)

		31/12/2006
Share of joint-venture transferred to other partner(s) (Total III)	GH	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0

FINANCIAL INCOME (V)

		31/12/2006
Total financial income (Total V)	GP	110,253
Share financial income	GJ	0
Other investment income & capitalised receivables	GK	32,815
Other interest and similar income	GL	22,681
Released provisions and transferred charges	GM	0
Exchange gains	GN	14,771
Net income from disposal of investment securities	GO	39,986

FINANCIAL CHARGE (VI)

		31/12/2006
Total financial charge (Total VI)	GU	257,265
Financial reserves and provisions	GQ	0
Interest and similar charges	GR	242,406
Exchange losses	GS	14,859
Net loss from disposal of investment securities	GT	0

EXTRAORDINARY INCOME (VII)

		31/12/2006
Total extraordinary income (Total VII)	HD	61,141
Extraordinary operating income	HA	61,141
Extraordinary income from capital transactions	HB	0
Released provisions and transferred charges	HC	0

EXTRAORDINARY CHARGES (VIII)

		31/12/2006
Total extraordinary charges (Total VIII)	HH	108,962
Extraordinary operating charges	HE	17,232
Extraordinary charges from capital transactions	HF	0
Extraordinary reserves and provisions	HG	91,730

EMPLOYEE PROFIT SHARING (IX)

			31/12/2006
	Employee profit sharing (Total IX)	HJ	0

TAX ON PROFITS (X)

			31/12/2006
	Tax on profits (Total X)	HK	710,512

REFERENCES

		31/12/2006
Of which equipment leases	HP	0
Of which property leases	HQ	0

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

STRUCTURE AND LIQUIDITY

		31/12/2006
Fixed Asset Financing		2.73
Global Debt		153.09 days
Working Capital Fund overall net		59.69 days
Financial independence		510.06%
More ratios
Solvability		26.20%

MANAGEMENT OR ROTATION

		31/12/2006
Need background in operating working capital		45.10days
Treasury		13.79 days
Inventory turnover of goods		27.18 days
More ratios
Inventory turnover of raw materials in industrial enterprises		39.04 days
Inventory turnover of intermediate and finished products in the industrial enterprise		0 days

PROFITABILITY OF THE BUSINESS

		31/12/2006
Margin trading		27900992.50%
Profitability of the business		4.21
More ratios
Rates integration		12.46%
Rate leasing furniture		0%
Weight interests		0.40

RETURN ON CAPITAL

		31/12/2006
Rates of economic profitability		21.70%

event history

Status history

No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
03/03/2014	Bodacc C	Comptes annuels et rapports

67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1015 - 307667089 RCS. ESCAL - ESCARGOTS D'ALSACE. Forme : S.A.. Adresse : 6, rue de la Minoterie 67100 Strasbourg. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.
31/08/2013	Bodacc B	Modification et mutation diverse

67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1056 - 307 667 089 RCS Strasbourg. ESCAL ESCARGOTS D'ALSACE. Forme : SA. Administration : président du conseil d'administration, directeur général : TOURRES (Lois) ; directrice générale déléguée, administratrice : TOURRES (Babette) née HOFFMANN ; administratrice : RADKE (Constance) née TOURRES ; commissaires aux comptes titulaires : ZIMMER (Frédéric), IN EXTENSO AUDIT (SA) (SACAh) ; commissaires aux comptes suppléants : FRITZINGER (Fredy), LEVY (Michel). Activité : . Commentaires : modification survenue sur l'administration.
14/06/2013	Bodacc C	Comptes annuels et rapports

67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1008 - 307667089 RCS. ESCAL - ESCARGOTS D'ALSACE. Forme : S.A.. Adresse : 6, rue de la Minoterie 67100 Strasbourg. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
25/07/2012	Bodacc C	Comptes annuels et rapports

67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1351 - 307667089 RCS. ESCAL - ESCARGOTS D'ALSACE. Forme : S.A.. Adresse : 6, rue de la Minoterie 67100 Strasbourg. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
25/07/2012	Bodacc C	Comptes annuels et rapports

67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1350 - 307667089 RCS. ESCAL - ESCARGOTS D'ALSACE. Forme : S.A.. Adresse : 6, rue de la Minoterie 67100 Strasbourg. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
16/05/2010	Bodacc C	Comptes annuels et rapports

67 - BAS-RHIN GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG 1188 - 307667089 RCS. ESCAL - ESCARGOTS D'ALSACE. Forme : S.A. Adresse : 6, rue de la Minoterie, 67100 Strasbourg. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
28/02/2007	Bodacc C	Avis de dépôt des comptes

1802 - RCS Strasbourg B 307 667 089. RC 76-B 393. ESCAL - ESCARGOTS D'ALSACE. Forme: S.A. Adresse du siège social: 6, rue de la Minoterie,67100 Strasbourg. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
10/12/2006	Bodacc B	Modifications et mutations diverses

1328 - RCS Strasbourg 307 667 089. RC 76-B 393. ESCAL ESCARGOTS D'ALSACE. Sigle : ESCAL. Forme : S.A. Capital : 160 000 euros. Nom commercial : Nutrana Liesel Escargots Liesel Escal Gelima. Adresse du siège social : 6 rue de la Minoterie,, 67100 Administration : ancien commissaire aux comptes titulaire : EURO AUDIT. Nouveaux commissaires aux comptes titulaires : STIRNWEISS (Bernard) et PFAUWADEL (Claude). Ancien commissaire aux comptes suppléant : MERRAN (Richard). Nouveaux commissaires aux comptes suppléants : FINCK (Jacques) et MULLER (Michel). Date d'effet : 19 août 2006.
18/04/2006	Bodacc C	Avis de dépôt des comptes

1488 - RCS Strasbourg B 307 667 089. RC 76-B 393. ESCAL ESCARGOTS D'ALSACE. Forme: S.A.. Adresse du siège social: 6, rue de la Minoterie67100 Strasbourg. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
16/03/2005	Bodacc C	Avis de dépôt des comptes

2042 - RCS Strasbourg B 307 667 089. RC 76-B 393. ESCAL ESCARGOTS D'ALSACE. Forme: S.A.. Adresse du siège social: 6, rue de la Minoterie67100 Strasbourg. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.
13/02/2003	Bodacc B	Modifications et mutations diverses

RCS Strasbourg 307667089 RC 76-B 393 ESCAL-ESCARGOTS D'ALSACE. Sigle : ESCAL. Forme : S.A. Capital : 160 000 euros Nom commercial: Nutraba, Liesel Escargots Liesel Escal, Gelima. Adresse du siège social : 6 rue de la Minoterie, 67100 Strasbourg. Commentaires : modification survenue sur le nom commercial ( adjonction). Date d'effet : 1 e r janvier 2002.
26/12/2000	Bodacc B	Modifications et mutations diverses

Ancienne situation du siège social. RCS Strasbourg B 307667089 RC 76-B 393 ESCAL-ESCARGOTS D'ALSACE. Sigle : ESCAL. Forme : S.A. Capital : 1 000 000 de F. Adresse : 6 rue de la Minoterie, 67100 Strasbourg Nouvelle situation du siège social. Capital : 160 000 euros. Administration : nouveau commissaire aux comptes suppléant : MERRAND (Richard), ancien commissaire aux comptes titulaire. Nouveau commissaire aux comptes titulaire : EURO AUDIT. Ancien commissaire aux comptes suppléant : BINGLER (Pierre). Date d'effet : 26 juin 2000.
04/06/1998	Bodacc B	Modifications et mutations diverses

RCS Strasbourg B 307 667 089 RC 76-B 393 ESCAL - ESCARGOTS D'ALSACE. Sigle : ESCAL. Forme : S.A. Capital : 1 000 000 de F (fixe). Adresse du siège social : 6 rue de la Minoterie, 67100 Strasbourg. Administration : ancien président du conseil d'administration : TOURRES ( Didier) nouveau président du conseil d'administration : Mme TOURRES (Lois), déjà administrateur Nouvel administrateur : Mme RADKE, née TOURRES (Constance). Date d'effet : 3 novembre 1997.
08/04/1997	Bodacc B	Modifications et mutations diverses

RCS Strasbourg B 307 667 089 RC 76-B 393 ESCAL - ESCARGOTS D'ALSACE. Sigle : ESCAL. Forme : S.A. Capital : 1 000 000 de F (fixe). Adresse du siège social : 6 rue de la Minoterie, 67100 Strasbourg. Administration : ancien administrateur : Mme RADKE, née TOURRES (Constance) nouvel administrateur : TOURRES (Lois). Date d'effet : 23 janvier 1995.
20/09/1996	Bodacc B	Modifications et mutations diverses

RCS Strasbourg B 307667089 RC 76-B 393 ESCAL ESCARGOTS D'ALSACE. Forme : S.A. Capital : 1 000 000 F (fixe). Adresse du siège social : 6, rue de la Minoterie 67100 Strasbourg. Commentaires : cession de la branche d'activité de logistique pour les produits frais et congelés à la S.A.R.L. Coldis, 6, rue de la Minoterie, 67100 Strasbourg. Date d'effet : 1 e r mars 1996.

Company events history

Date	Description
03/03/2014	Bodacc C : Deposit accounts notice
11/01/2014	Update Rating
31/08/2013	Bodacc B: Various editing or changing
14/06/2013	Bodacc C : Deposit accounts notice
25/07/2012	Bodacc C : Deposit accounts notice
10/07/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
17/08/2011	Bodacc C : Deposit accounts notice
02/07/2011	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
31/12/2010	New accounts available
16/05/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
31/12/2008	New accounts available
31/12/2007	New accounts available
31/12/2006	New accounts available
31/12/2006	New consolidated accounts available
13/11/2006	New auditor
13/11/2006	Minutes of general meeting of shareholders
13/11/2006	Appointment/resignation of company officers
13/11/2006	Private document
31/12/2005	New accounts available
31/12/2004	New accounts available
31/12/2003	New accounts available
06/10/2003	Acte modificatif
06/10/2003	Acte sous seing privé
06/10/2003	Statuts mis à jour
06/10/2003	PV d'Assemblée
03/11/2000	Acte sous seing privé
03/11/2000	Augmentation de Capital
03/11/2000	Conversion du Capital Social en Euros
03/11/2000	Changement de Commissaire aux Comptes
03/11/2000	Statuts mis à jour
03/11/2000	PV d'Assemblée
03/11/2000	Nomination/démission des organes de gestion
26/03/1998	Modification du Conseil d'Administration
26/03/1998	Acte sous seing privé
26/03/1998	PV du Conseil d'Administration
26/03/1998	Changement de Président (PDG, PCA)
26/03/1998	Nomination/démission des organes de gestion
26/03/1998	PV d'Assemblée
07/02/1997	Modification du Conseil d'Administration
07/02/1997	PV d'Assemblée
07/02/1997	Nomination/démission des organes de gestion
07/02/1997	Acte sous seing privé

DIRECTORS

Name	M. TOURRES LOIS
Manager position	Chairman of the Board	Date of birth
Place of birth
Type	Individual	Name at birth

Name	MME. RADKE CONSTANCE
Manager position	Administrator	Date of birth	04/02/1961
Place of birth	BAMBERG ALLEMAGNE
Type	Individual	Name at birth	TOURRES

Name	MME. TOURRES BABETTE
Manager position	Managing director	Date of birth
Place of birth
Type	Individual	Name at birth

PREVIOUS DIRECTORS

No data about previous directors is available for this company

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.60.84
UK Pound	1	Rs.98.73
Euro	1	Rs.78.64

INFORMATION DETAILS

Analysis Done by :	SUB

Report Prepared by :	NIT

RATING EXPLANATIONS

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

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

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

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

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

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

MIRA INFORM REPORT

company summary

COMPANY DETAILS

Establishment details

Synthesized Accounts

Company events history

Unit