MIRA INFORM REPORT

 

 

Report Date :

16.09.2014

 

IDENTIFICATION DETAILS

 

Name :

DULEVO INTERNATIONAL S.P.A.

 

 

Registered Office :

Via Giovannino Guareschi, 1  43012 – Fontanellato (PR)  

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

04.11.1991

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Manufacture of cleaning machinery (including dishwashers) for non-domestic use

 

 

No. of Employees

From 176 to 200

 

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 :

No complaints

Litigation :

Clear

 

NOTES :

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

 

ECGC Country Risk Classification List – June 1, 2014

 

Country Name

Previous Rating

(31.03.2014)

Current Rating

(01.06.2014)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

ITALY ECONOMIC OVERVIEW

 

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.

 

Source : CIA

Company name and address

 

DULEVO INTERNATIONAL S.P.A.

 

 

Via Giovannino Guareschi,  1

 

43012 - Fontanellato  (PR)          -IT-

 

 

Summary

 

Fiscal Code

:

01767940347

Legal Form

:

Joint stock company

start of Activities

:

04/11/1991

Equity

:

Over 2.582.254

Turnover Range

:

35.000.000/50.000.000

Number of Employees

:

from 176 to 200

 

 

Activity

 

Manufacture of cleaning machinery (including dishwashers) for non-domestic use

 

 

Legal Data

 

Legal Form : Joint stock company

Fiscal Code : 01767940347

 

Foreign Trade Reg. no. : PR009086 since 02/03/1992

 

Foreign Trade Reg. no. : 009086 of Parma since 02/03/1992

 

Chamber of Commerce no. : 105521 of Campobasso

 

Chamber of Commerce no. : 177064 of Parma since 11/10/1991

 

Firms' Register : PR027-21966 of Parma since 19/02/1996

 

V.A.T. Code : 01767940347

 

Establishment date

: 24/09/1991

Start of Activities

: 04/11/1991

Legal duration

: 31/12/2050

Nominal Capital

: 8.008.000

 

Subscribed Capital

: 8.008.000

 

Paid up Capital

: 8.008.000

 

 

 

Members

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

Musi

Cristiano

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 27/04/1974

- Fiscal Code : MSUCST74D27G337J

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Farnese-fraz.bianconese

, 9

- 43010

Fontevivo

(PR)

- IT -

 

Position

Since

Shares Amount

% Ownership

Vice-Chairman

30/05/2013

 

 

Director

19/02/2013

 

 

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

No Prejudicial events are reported

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

No Protests registered

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

Noonan

Tighe Agen

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Detroit

( )

on 11/08/1956

- Fiscal Code : NNNTHG56M11Z404U

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Fratelli Gabba

, 4

- 20121

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

19/02/2013

 

 

Board Chairman

19/02/2013

 

 

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

No Prejudicial events are reported

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

No Protests registered

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

Guareschi Geddes

Vincenzo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Citta' Del Messico

( )

on 06/09/1979

- Fiscal Code : GRSVCN79P06Z514T

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Mantova

, 19

- 43100

Parma

(PR)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

19/02/2013

 

 

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

Tamba

Paolo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Bologna

(BO)

on 09/11/1967

- Fiscal Code : TMBPLA67S09A944E

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Alfredo Oriani

, 4

- 40137

Bologna

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

03/07/2013

 

 

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

No Prejudicial events are reported

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

No Protests registered

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

Lampogas S.p.a.

 

 

 

 

Position

Since

Shares Amount

% Ownership

Partner

 

 

 

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

Prejudicial Events found with cancellations*

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gifLegal Mortgage - 15/06/2010. - 61.439 Euro. Event writing-off

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

  EQUITALIA ESATRI S. P. A.

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gifLegal Mortgage - 03/08/2006. - 64.337 Euro. Event writing-off

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

  ESATRI ESAZIONE TRIBUTI S. P. A.

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

No Protests registered

 

*Concerns also partially erased events.

 

 

Companies connected to members *

 

*checkings have been performed on a national scale.

 

In this module are listed the companies in which members hold or have holded positions.

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

Noonan

Tighe Agen

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Iplom S.p.a.

Busalla (GE) - IT -

02242120109

Director

Active

Registered

Lampogas Emiliana - S.r.l.

Fontevivo (PR) - IT -

01567690340

Director

Active

Registered

Termogas S.r.l.

Antegnate (BG) - IT -

01584440166

Director

Active

Registered

Tecnigas - Societa' A Responsabilita' Limitata

Prevalle (BS) - IT -

01168600177

Director

Active

Registered

Tecnigas - Societa' A Responsabilita' Limitata

Prevalle (BS) - IT -

01168600177

Board Chairman

Active

Registered

Lampogas Romagnola - S.r.l.

Bertinoro (FO) - IT -

01797520408

Director

Active

Registered

Lampogas Tirrena Srl

Campiglia Marittima (LI) - IT -

00925920498

Director

Active

Registered

Lampogas S.p.a.

Milano (MI) - IT -

00911000156

Director

Active

Registered

Lampogas S.p.a.

Milano (MI) - IT -

00911000156

Board Chairman

Active

Registered

Lampogas Nord Societa' A Responsabilita'Limitata

Cameri (NO) - IT -

01269900039

Director

Withdrawn

Registered

Lampogas Nord Societa' A Responsabilita'Limitata

Cameri (NO) - IT -

01269900039

Board Chairman

Withdrawn

Registered

Lampogas Centro Umbra S.r.l.

Umbertide (PG) - IT -

01777030543

Director

Active

Registered

Lampogas Ligure S.r.l.

Albenga (SV) - IT -

00929100097

Director

Active

Registered

Atesina Gas S.r.l.

Lavis (TN) - IT -

00449590223

Director

Active

Registered

Atesina Gas S.r.l.

Lavis (TN) - IT -

00449590223

Board Chairman

Active

Registered

Lampogas Piemontese S.r.l.

Settimo Torinese (TO) - IT -

05602130014

Director

Withdrawn

Registered

Lampogas Piemontese S.r.l.

Settimo Torinese (TO) - IT -

05602130014

Board Chairman

Withdrawn

Registered

Lampogas Lombarda S.r.l.

Crosio della Valle (VA) - IT -

01630790127

Director

Withdrawn

Registered

Lampogas Lombarda S.r.l.

Crosio della Valle (VA) - IT -

01630790127

Board Chairman

Withdrawn

Registered

Gas Adige Legnago - S.r.l.

Legnago (VR) - IT -

00827370347

Director

Active

Registered

Gas Adige Legnago - S.r.l.

Legnago (VR) - IT -

00827370347

Board Chairman

Active

Registered

Settala Gas S.p.a.

Settala (MI) - IT -

00849910153

Director

Active

Registered

Clodiagas S.r.l.

Piove di Sacco (PD) - IT -

01341950283

Director

Active

Registered

Finoil Spa

Milano (MI) - IT -

00268410107

Director

Active

Registered

Gasimex S.r.l.

Milano (MI) - IT -

01720720034

Director

Active

Registered

Splendorgas S.r.l.

Santi Cosma e Damiano (LT) - IT -

02322730595

Board Chairman

Active

Registered

Lampo Greengas Spa

Pomarance (PI) - IT -

01713300505

Director

Active

Registered

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

Musi

Cristiano

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Caraglio - Gas Societa' A Responsabilita' Limitata

Caraglio (CN) - IT -

00195060041

Director

Active

Registered

Caraglio - Gas Societa' A Responsabilita' Limitata

Caraglio (CN) - IT -

00195060041

Board Chairman

Active

Registered

Ponentegas S.r.l.

Santo Stefano Al Mare (IM) - IT -

00943910083

Director

Withdrawn

Registered

Ponentegas S.r.l.

Santo Stefano Al Mare (IM) - IT -

00943910083

Board Chairman

Withdrawn

Registered

Lampogas Emiliana - S.r.l.

Fontevivo (PR) - IT -

01567690340

Director

Active

Registered

Lampogas Emiliana - S.r.l.

Fontevivo (PR) - IT -

01567690340

Board Chairman

Active

Registered

Termogas S.r.l.

Antegnate (BG) - IT -

01584440166

Director

Active

Registered

Termogas S.r.l.

Antegnate (BG) - IT -

01584440166

Board Chairman

Active

Registered

Tecnigas - Societa' A Responsabilita' Limitata

Prevalle (BS) - IT -

01168600177

Director

Active

Registered

Lampogas Romagnola - S.r.l.

Bertinoro (FO) - IT -

01797520408

Director

Active

Registered

Lampogas Romagnola - S.r.l.

Bertinoro (FO) - IT -

01797520408

Board Chairman

Active

Registered

Lampogas Tirrena Srl

Campiglia Marittima (LI) - IT -

00925920498

Director

Active

Registered

Lampogas Tirrena Srl

Campiglia Marittima (LI) - IT -

00925920498

Board Chairman

Active

Registered

Lampogas S.p.a.

Milano (MI) - IT -

00911000156

Director

Active

Registered

Lampogas S.p.a.

Milano (MI) - IT -

00911000156

Procurator

Active

Registered

Lampogas Nord Societa' A Responsabilita'Limitata

Cameri (NO) - IT -

01269900039

Managing Director

Withdrawn

Registered

Lampogas Nord Societa' A Responsabilita'Limitata

Cameri (NO) - IT -

01269900039

Director

Withdrawn

Registered

Lampogas Nord Societa' A Responsabilita'Limitata

Cameri (NO) - IT -

01269900039

Sole Director

Active

Registered

Lampogas Centro Umbra S.r.l.

Umbertide (PG) - IT -

01777030543

Director

Active

Registered

Lampogas Centro Umbra S.r.l.

Umbertide (PG) - IT -

01777030543

Board Chairman

Active

Registered

Lampogas Romana - S.r.l.

Roma (RM) - IT -

03564521007

Sole Director

Active

Registered

Lampogas Ligure S.r.l.

Albenga (SV) - IT -

00929100097

Director

Active

Registered

Lampogas Ligure S.r.l.

Albenga (SV) - IT -

00929100097

Board Chairman

Active

Registered

Atesina Gas S.r.l.

Lavis (TN) - IT -

00449590223

Director

Active

Registered

Lampogas Piemontese S.r.l.

Settimo Torinese (TO) - IT -

05602130014

Managing Director

Withdrawn

Registered

Lampogas Piemontese S.r.l.

Settimo Torinese (TO) - IT -

05602130014

Director

Withdrawn

Registered

Lampogas Piemontese S.r.l.

Settimo Torinese (TO) - IT -

05602130014

Sole Director

Active

Registered

Lampogas Lombarda S.r.l.

Crosio della Valle (VA) - IT -

01630790127

Managing Director

Withdrawn

Registered

Lampogas Lombarda S.r.l.

Crosio della Valle (VA) - IT -

01630790127

Director

Withdrawn

Registered

Lampogas Lombarda S.r.l.

Crosio della Valle (VA) - IT -

01630790127

Sole Director

Active

Registered

Gas Adige Legnago - S.r.l.

Legnago (VR) - IT -

00827370347

Director

Active

Registered

Settala Gas S.p.a.

Settala (MI) - IT -

00849910153

Managing Director

Active

Registered

Settala Gas S.p.a.

Settala (MI) - IT -

00849910153

Director

Active

Registered

Settala Gas S.p.a.

Settala (MI) - IT -

00849910153

Assistant board Chairman

Active

Registered

Tecnogas S.p.a.

Fidenza (PR) - IT -

01752420347

Director

Active

Registered

Tecnogas S.p.a.

Fidenza (PR) - IT -

01752420347

Board Chairman

Active

Registered

Clodiagas S.r.l.

Piove di Sacco (PD) - IT -

01341950283

Director

Active

Registered

Clodiagas S.r.l.

Piove di Sacco (PD) - IT -

01341950283

Board Chairman

Active

Registered

Lampodata - S.r.l.

Parma (PR) - IT -

01567700347

Sole Director

Active

Registered

Lampogas Sarda S.r.l.

Sassari (SS) - IT -

01412560904

Director

Active

Registered

Lampogas Sarda S.r.l.

Sassari (SS) - IT -

01412560904

Board Chairman

Active

Registered

Pa.la.gas Societa' Consortile A Responsabilita' Limitata (enuncia Bile Anche Pa

Fontevivo (PR) - IT -

01010590196

Director

Active

Registered

Lampogas Friuli S.r.l.

San Giorgio di Nogaro (UD) - IT -

02012670309

Sole Director

Active

Registered

Lampogas Friuli S.r.l.

San Giorgio di Nogaro (UD) - IT -

02012670309

Person in charge

Active

Registered

Gasimex S.r.l.

Milano (MI) - IT -

01720720034

Director

Active

Registered

Gasimex S.r.l.

Milano (MI) - IT -

01720720034

Board Chairman

Active

Registered

Lampogas Abruzzo S.r.l.

Chieti (CH) - IT -

01960770699

Sole Director

Withdrawn

Registered

Lmp Plast S.r.l. In Liquidazione

Issogne (AO) - IT -

01101740072

Liquidator

Withdrawn

In liquidation

Splendorgas S.r.l.

Santi Cosma e Damiano (LT) - IT -

02322730595

Director

Active

Registered

Lampo Greengas Spa

Pomarance (PI) - IT -

01713300505

Sole Director

Withdrawn

Registered

Lampo Greengas Spa

Pomarance (PI) - IT -

01713300505

Board Chairman

Active

Registered

Lampoxy S.r.l.

Milano (MI) - IT -

03913060962

Sole Director

Active

Registered

 

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.



Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Guareschi Armido

Montecarlo - IT -

GRSRMD33L14G337J

771.160 .Eur

9,62

Ponghellini Francesca

Parma - IT -

PNGFNC40R44G337R

53.040 .Eur

0,66

Benini Stefano

 

BNNSFN54C17D969M

13.000 .Eur

0,16

Cavatore Umberto

Parma - IT -

CVTMRT41R25G337P

13.000 .Eur

0,16

Gelati Cesarino

Fidenza - IT -

GLTCRN52P05G337X

21.320 .Eur

0,26

Trombi Federico

Parma - IT -

TRMFRC49L10G337R

7.800 .Eur

0,09

Guareschi Geddes Vincenzo

Parma - IT -

GRSVCN79P06Z514T

386.880 .Eur

4,83

Lampogas S.p.a.

 

00911000156

5.653.440 .Eur

70,59

Synthesis Chimica Srl

 

00747940344

200.200 .Eur

2,50

Casera Comercio Servicios De Consultoria E Investimentos Lda

 

 

471.640 .Eur

5,88

F.a.i.p. - S.r.l.

 

01264220169

416.520 .Eur

5,20

 

 

Direct Participations

 

The Company under review has participations in the following Companies:

 

Firm's Style

Seat

Fiscal Code

Owned Shares Amount

% Ownership

since

until

Share Status

Ceip Societa' Consortile Per Azioni O In Forma Abbreviata Ceip S.c.p.a.

Parma - IT -

02106590348

75 .Eur

0,04

 

 

Active

Consorzio Ecoped

Milano - IT -

05157260968

 

 

 

 

Active



Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

 

Giovannino Guareschi

, 1

- 43012

- Fontanellato

(PR)

- IT -

 

 

 

 

PHONE

: 0521827711

 

 

 

 

FAX

: 0521827795

 

 

 

 

Employees

: 187

 

Fittings and Equipment for a value of 370.000

Eur

 

Stocks for a value of 11.190.000

Eur

 

 

 

Historical Information and/or Firm's Status

 

CHANGES TO THE LEGAL FORM:

 

Former legal form

New legal form

Changement Date

Limited liability company

Joint stock company

15/10/1991

 

EX-MEMBERS / EX-POSITIONS:

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Guareschi

Armido

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 14/07/1933

- Fiscal Code : GRSRMD33L14G337J

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Boulevard Lovis Ii

, 15

Montecarlo

- IT -

 

Ex-Postions

Director

Chairman

Board Chairman

Director

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Ponghellini

Francesca

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 04/10/1940

- Fiscal Code : PNGFNC40R44G337R

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

A. Meucci

, 1

- 43126

Parma

(PR)

- IT -

 

Ex-Postions

Director

Director

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Gelati

Cesarino

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 05/09/1952

- Fiscal Code : GLTCRN52P05G337X

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Baroni

, 12

- 43036

Fidenza

(PR)

- IT -

 

Ex-Postions

Managing Director

Director

Director

Managing Director

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

DAZZI

ANDREA

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in PARMA

(PR)

on 27/09/1970

- Fiscal Code : DZZNDR70P27G337I

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

BERNABEI

, 16

- 43100

Parma

(PR)

- IT -

 

Ex-Postions

Director

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Geddes Da Filicaia

Vincenzo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Citta' Del Messico

( )

on 06/09/1979

- Fiscal Code : GDDVCN79P06Z514A

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Mantova

, 19

- 43100

Parma

(PR)

- IT -

 

Ex-Postions

Director

Managing Director

Director

Managing Director

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Guareschi Geddes

Vincenzo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Citta' Del Messico

( )

on 06/09/1979

- Fiscal Code : GRSVCN79P06Z514T

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Mantova

, 19

- 43100

Parma

(PR)

- IT -

 

Ex-Postions

Director

Managing Director

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Borgogna

Vincenzo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Napoli

(NA)

on 22/05/1972

- Fiscal Code : BRGVCN72E22F839Y

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Cavone

, 4

- 80079

Procida

(NA)

- IT -

 

Ex-Postions

Permanent Auditor

 

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Mendogni

Antonio

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 11/09/1938

- Fiscal Code : MNDNTN38P11G337A

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Da Palestrina

, 06

- 43100

Parma

(PR)

- IT -

 

Ex-Postions

Permanent Auditor

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Dall'argine

Andrea

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 28/01/1966

- Fiscal Code : DLLNDR66A28G337F

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Palestro

, 13

- 43123

Parma

(PR)

- IT -

 

Ex-Postions

Temporary Auditor

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Mazza

Camillo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Montechiarugolo

(PR)

on 22/12/1930

- Fiscal Code : MZZCLL30T22F473J

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Marzaroli

, 9

- 43100

Parma

(PR)

- IT -

 

Ex-Postions

Permanent Auditor

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Farina

Gino

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Neviano degli Arduini

(PR)

on 09/11/1945

- Fiscal Code : FRNGNI45S09F882M

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Bologna

, 30

- 42123

Reggio Emilia

(RE)

- IT -

 

Ex-Postions

Procurator

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Soncini

Giuseppe

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 28/11/1933

- Fiscal Code : SNCGPP33S28G337A

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Derna

, 2

- 43100

Parma

(PR)

- IT -

 

Ex-Postions

Chairman of the Board of Aud.

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Folloni

Massimiliano

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Novellara

(RE)

on 30/03/1950

- Fiscal Code : FLLMSM50C30F960P

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

P. Mascagni

, 22

- 42017

Novellara

(RE)

- IT -

 

Ex-Postions

Temporary Auditor

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Grondelli

Ugo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 30/08/1945

- Fiscal Code : GRNGUO45M30G337B

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Fiscal residence:

- 43035

Felino

(PR)

- IT -

 

Ex-Postions

Director

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Dodi

Antonio

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in San Secondo Parmense

(PR)

on 23/01/1949

- Fiscal Code : DDONTN49A23I153F

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Per Albareto

, 4

- 43017

San Secondo Parmense

(PR)

- IT -

 

Ex-Postions

Temporary Auditor

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Rosso.gif

Grondelli

Ugo

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Born in Parma

(PR)

on 30/08/1945

- Fiscal Code : GRNGUO45M30G337B

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Vuoto.gif

 

Residence:

 

Avenue Parc S.roman

, 15

Monaco

- MC -

 

Ex-Postions

Director

Director



Protests

 

Protests checking on the subject firm has given a negative result.

 

 

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.

 

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.



Financial and Economical Analysis

 

Subject is active since 1991

The eonomic-financial analysis is based on the latest 3 b/s.

Under the financial profile unstable results are noted. ; in the last financial year a loss was registered (r.o.e. -104,44%) Business volume is falling in the last financial year.

The operating result in 2013 was positive (0,08%) falling within the field's average.

The amount of the operating result for the year 2013 is of Eur. 34.846 with an increase of more then 100% if the compared to the previous financial year.

A gross operating margine for a value of Eur. 2.484.080 was reached. showing a downward trend as opposed to the previous year.

Net worth does not allow a regular management, short-term debts volume is considerably high, with an high indebtedness volume on the whole (9,46) which is rising compared to 2012.

The management generated equity capital for an amount of Eur. 3.375.244 with a -51,08% fall.

In the year 2013 total debts amounted to Eur. 38.225.992 on the same levels as the year before.

The recourse to bank credit is slightly high and also borrowings from suppliers appear to be high, with an average payment period equal to 133,5 gg. however still within the sector's average.

It shows a good range of liquidity.

Trade credits average terms are slow, on average 98,32 days. within the standard level of the average of the sector.

A negative cash flow marked the year 2013 totalling Eur. -1.125.831.

Labour cost amounts to Eur. 8.820.463, with a 17,73% incidence on production costs. , with a 18,21% incidence on turnover.

Finacial chareges are high: the incidence on sales volume amounts to -1,98%

 

Financial Data

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2013

(in Eur

x 1)

 

Item Type

Value

Sales

48.438.819

Profit (Loss) for the period

-3.525.065

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

 

Item Type

Value

Sales

57.042.757

Profit (Loss) for the period

-3.033.177

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2011

(in Eur

x 1)

 

Item Type

Value

Sales

55.739.640

Profit (Loss) for the period

15.423

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

52.935.124

Profit (Loss) for the period

29.077

 

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Verde.gif

 

Complete balance-sheet for the year

al 31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

51.070.975

Profit (Loss) for the period

-333.919



Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2013 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2012 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2011 - 12 Mesi - Currency: - Amounts x 1

 

Years

2013

2012

2011

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

1.917.181

3.036.726

3.658.194

. . Industrial patent rights

18.286

34.323

44.881

. . Concessions,licenses,trademarks,etc.

67.423

126.316

173.703

. . Goodwill

30.000

40.000

50.000

. . Assets in formation and advance paymen.

602.212

 

 

. . Other intangible fixed assets

145.952

211.450

275.366

. Total Intangible Fixed Assets

2.781.054

3.448.815

4.202.144

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

971.805

971.805

971.805

. . Plant and machinery

271.359

323.905

408.849

. . Industrial and commercial equipment

96.107

169.100

204.368

. . Other assets

865.758

921.086

1.023.526

. . Assets under construction and advances

69.290

53.300

23.300

. Total Tangible fixed assets

2.274.319

2.439.196

2.631.848

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

2.099.080

3.100.513

2.100.080

. . . Equity invest. in subsidiary companies

1.988.248

2.989.681

1.989.248

. . . Equity invest. in associated companies

110.832

110.832

110.832

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

 

 

 

. . Financial receivables

 

 

500.413

. . . . Within 12 months

 

 

500.413

. . . . Beyond 12 months

 

 

 

. . . Receivab due from subsidiaries

 

 

500.413

. . . . Within 12 months

 

 

500.413

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

2.099.080

3.100.513

2.600.493

Total fixed assets

7.154.453

8.988.524

9.434.485

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

4.838.308

6.162.688

6.540.271

. . Work in progress and semimanufactured

2.502.222

2.414.249

4.602.083

. . Work in progress on order

 

 

 

. . Finished goods

3.828.420

3.281.193

10.067.566

. . Advance payments

16.094

16.094

52.500

. Total Inventories

11.185.044

11.874.224

21.262.420

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

20.275.308

25.424.712

32.043.429

. . Beyond 12 months

3.002.202

2.000.000

 

. . Trade receivables

13.229.014

15.351.418

20.109.262

. . . . Within 12 months

13.229.014

15.351.418

20.109.262

. . . . Beyond 12 months

 

 

 

. . Receivables due from subsid. comp.

5.817.361

7.418.452

7.564.796

. . . . Within 12 months

2.817.361

5.418.452

7.564.796

. . . . Beyond 12 months

3.000.000

2.000.000

 

. . Receivables due from assoc. comp.

2.040.515

2.492.571

2.023.507

. . . . Within 12 months

2.040.515

2.492.571

2.023.507

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

387

390

 

. . . . Within 12 months

387

390

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

147.331

447.183

1.836.631

. . . . Within 12 months

147.331

447.183

1.836.631

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

1.429.125

855.945

258.840

. . . . Within 12 months

1.429.125

855.945

258.840

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

613.777

858.753

250.393

. . . . Within 12 months

611.575

858.753

250.393

. . . . Beyond 12 months

2.202

 

 

. Total Credits not held as fixed assets

23.277.510

27.424.712

32.043.429

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

 

. Total Financial Assets

 

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

430.124

607.792

256.322

. . Checks

 

 

 

. . Banknotes and coins

11.229

11.710

8.787

. Total Liquid funds

441.353

619.502

265.109

Total current assets

34.903.907

39.918.438

53.570.958

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

1.146.694

 

 

. Other adjustment accounts

 

1.524.262

2.047.562

Total adjustments accounts

1.146.694

1.524.262

2.047.562

TOTAL ASSETS

43.205.054

50.431.224

65.053.005

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

8.008.000

8.008.000

8.008.000

. Additional paid-in capital

 

 

 

. Revaluation reserves

 

 

 

. Legal reserve

86.373

86.373

85.601

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

2.135.014

2.135.016

2.435.015

. Accumulated Profits (Losses)

-3.329.078

-295.901

-310.552

. Profit( loss) of the year

-3.525.065

-3.033.177

15.423

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

3.375.244

6.900.311

10.233.487

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

41.041

6.041

6.041

. . Taxation fund, also differed

170.788

165.310

72.628

. . Other funds

50.000

392.633

619.059

Total Reserves for Risks and Charges

261.829

563.984

697.728

Employee termination indemnities

1.228.940

1.305.987

1.284.321

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

32.364.056

36.269.888

45.983.347

. . . . Beyond 12 months

5.861.936

5.109.465

6.583.010

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

4.245.581

2.980.542

2.486.765

. . . . Within 12 months

1.000.000

 

 

. . . . Beyond 12 months

3.245.581

2.980.542

2.486.765

. . Due to banks

11.485.805

14.356.161

24.577.199

. . . . Within 12 months

11.168.162

12.824.564

21.319.157

. . . . Beyond 12 months

317.643

1.531.597

3.258.042

. . Due to other providers of finance

1.556.918

1.308.967

1.800.549

. . . . Within 12 months

1.156.699

711.641

962.346

. . . . Beyond 12 months

400.219

597.326

838.203

. . Advances from customers

474.343

78.679

317.651

. . . . Within 12 months

474.343

78.679

317.651

. . . . Beyond 12 months

 

 

 

. . Trade payables

13.330.142

15.849.587

17.928.643

. . . . Within 12 months

13.330.142

15.849.587

17.928.643

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

16.990

318.834

371.688

. . . . Within 12 months

16.990

318.834

371.688

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

1.551

128.859

22.979

. . . . Within 12 months

1.551

128.859

22.979

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

4.705.032

4.352.181

2.668.158

. . . . Within 12 months

2.806.539

4.352.181

2.668.158

. . . . Beyond 12 months

1.898.493

 

 

. . Due to social security and welfare inst.

844.176

568.225

674.649

. . . . Within 12 months

844.176

568.225

674.649

. . . . Beyond 12 months

 

 

 

. . Other payables

1.565.454

1.437.318

1.718.076

. . . . Within 12 months

1.565.454

1.437.318

1.718.076

. . . . Beyond 12 months

 

 

 

Total accounts payable

38.225.992

41.379.353

52.566.357

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

113.049

281.589

271.112

Total adjustment accounts

113.049

281.589

271.112

TOTAL LIABILITIES

43.205.054

50.431.224

65.053.005

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

6.499.869

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

48.438.817

57.042.757

55.739.640

. Changes in work in progress

674.774

-8.107.132

635.887

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

6.600

353.673

2.345.793

. Other income and revenues

649.772

113.927

157.934

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

649.772

113.927

157.934

Total value of production

49.769.963

49.403.225

58.879.254

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

26.061.540

24.419.732

32.960.785

. Services received

 

8.974.713

10.576.258

. Leases and rentals

9.934.018

1.400.871

746.173

. Payroll and related costs

8.820.463

9.943.996

10.029.077

. . Wages and salaries

6.164.991

6.927.331

7.204.618

. . Social security contributions

2.140.176

2.238.503

2.286.565

. . Employee termination indemnities

506.320

480.788

527.568

. . Pension and similar

8.976

12.735

10.326

. . Other costs

 

284.639

 

. Amortization and depreciation

2.399.234

3.907.409

2.536.614

. . Amortization of intangible fixed assets

1.407.267

1.535.020

1.538.057

. . Amortization of tangible fixed assets

291.967

340.889

358.069

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

700.000

2.031.500

640.488

. Changes in raw materials

1.316.954

678.723

-1.075.122

. Provisions to risk reserves

50.000

 

 

. Other provisions

 

 

 

. Other operating costs

1.152.908

393.945

379.637

Total production costs

49.735.117

49.719.389

56.153.422

Diff. between value and cost of product.

34.846

-316.164

2.725.832

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

473.743

360.591

319.761

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

473.743

 

 

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

473.743

 

 

. Interest and other financial expense

-1.432.846

-1.965.450

-1.907.396

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

-15.039

 

 

. . Towards other companies

1.432.846

 

 

Total financial income and expense

-959.103

-1.604.859

-1.587.635

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

-2.501.435

-500.000

 

. . Of equity investments

-2.501.435

-500.000

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

-2.501.435

-500.000

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

322.626

137.499

47.474

. . Gains on disposals

16.254

48.908

28.010

. . Other extraordinary income

306.372

88.591

19.464

. Extraordinary expense

-644.563

-504.626

-292.311

. . Losses on disposals

-11.248

-5.860

 

. . Taxes relating to prior years

-170.788

-171.653

-133.235

. . Other extraordinary expense

-462.527

-327.113

-159.076

Total extraordinary income and expense

-321.937

-367.127

-244.837

Results before income taxes

-3.747.629

-2.788.150

893.360

. Taxes on current income

-222.564

245.027

877.937

. . current taxes

350.616

842.132

1.202.551

. . differed taxes(anticip.)

-573.180

-597.105

-324.614

. Net income for the period

-3.525.065

-3.033.177

15.423

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

-3.525.065

-3.033.177

15.423

 

RATIOS

Value Type

as at 31/12/2013

as at 31/12/2012

as at 31/12/2011

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,17

0,18

0,15

0,18

Elasticity Ratio

Units

0,81

0,79

0,82

0,79

Availability of stock

Units

0,26

0,24

0,33

0,21

Total Liquidity Ratio

Units

0,55

0,56

0,50

0,52

Quick Ratio

Units

0,01

0,01

0,00

0,03

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

9,46

5,17

4,47

3,01

Self Financing Ratio

Units

0,08

0,14

0,16

0,19

Capital protection Ratio

Units

-0,33

0,28

0,22

0,66

Liabilities consolidation quotient

Units

0,22

0,18

0,17

0,16

Financing

Units

11,33

6,00

5,14

3,56

Permanent Indebtedness Ratio

Units

0,24

0,26

0,28

0,34

M/L term Debts Ratio

Units

0,16

0,13

0,12

0,10

Net Financial Indebtedness Ratio

Units

4,99

2,61

2,79

0,69

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

1,46

1,48

1,92

1,65

Current ratio

Units

1,08

1,10

1,17

1,18

Acid Test Ratio-Liquidity Ratio

Units

0,73

0,77

0,70

0,86

Structure's primary quotient

Units

0,47

0,77

1,08

1,02

Treasury's primary quotient

Units

0,01

0,02

0,01

0,06

Rate of indebtedness ( Leverage )

%

1280,06

730,85

635,69

509,92

Current Capital ( net )

Value

2.539.851

3.648.550

7.587.611

330.495

RETURN

 

 

 

 

 

Return on Sales

%

-2,32

1,53

4,58

3,79

Return on Equity - Net- ( R.O.E. )

%

-104,44

-43,96

0,15

6,70

Return on Equity - Gross - ( R.O.E. )

%

-111,03

-40,41

8,73

18,82

Return on Investment ( R.O.I. )

%

0,08

-0,63

4,19

4,89

Return/ Sales

%

0,07

-0,55

4,89

4,78

Extra Management revenues/charges incid.

%

-10116,13

n.c.

0,57

29,96

Cash Flow

Value

-1.125.831

874.232

2.552.037

165.166

Operating Profit

Value

34.846

-316.164

2.725.832

225.594

Gross Operating Margin

Value

2.484.080

3.591.245

5.262.446

376.080

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

98,32

96,88

129,88

111,07

Debts to suppliers average term

Days

133,50

168,62

148,96

127,44

Average stock waiting period

Days

83,13

74,94

137,33

62,88

Rate of capital employed return ( Turnover )

Units

1,12

1,13

0,86

1,10

Rate of stock return

Units

4,33

4,80

2,62

5,58

Labour cost incidence

%

18,21

17,43

17,99

18,94

Net financial revenues/ charges incidence

%

-1,98

-2,81

-2,85

-1,15

Labour cost on purchasing expenses

%

17,73

20,00

17,86

18,99

Short-term financing charges

%

3,75

4,75

3,63

2,55

Capital on hand

%

89,20

88,41

116,71

90,89

Sales pro employee

Value

176.141

272.931

275.938

199.007

Labour cost pro employee

Value

32.074

47.578

49.648

34.820

 

 

Remarks

 

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

 

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

 

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

 

 

Market / Territory Data

 

Population living in the province

:

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Spazio.gif413.198

Population living in the region

:

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Spazio.gif4.151.369

Number of families in the region

:

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Spazio.gif1.748.359

 

Monthly family expences average in the region (in Eur..) :

 

- per food products

:

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Spazio.gif425

- per non food products

:

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Spazio.gif2.063

- per energy consume

:

Description: C:\Users\MIRA INFORM\AppData\Local\Temp\Rar$EXa0.544\Spazio.gif143

 

 

Sector Data

 

The values are calculated on a base of 1.964 significant companies.

 

The companies cash their credits on an average of 111 dd.

The average duration of suppliers debts is about 127 dd.

The sector's profitability is on an average of 3,79%.

The labour cost affects the turnover in the measure of 18,94%.

Goods are held in stock in a range of 63 dd.

The difference between the sales volume and the resources used to realize it is about 1,10.

The employees costs represent the 18,99% of the production costs.

 

 

Statistical Detrimental Data

 

Statistcally the trade activity shows periods of crisis.

The area is statistically considered lowly risky.

In the region 18.860 protested subjects are found; in the province they count to 1.231.

The insolvency index for the region is 0,46, , while for the province it is 0,31.

Total Bankrupt companies in the province : 1.624.

Total Bankrupt companies in the region : 14.698.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.99

UK Pound

1

Rs.99.09

Euro

1

Rs.79.03

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

NIS

 

               

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.