MIRA INFORM REPORT
|
Report No. : |
316310 |
|
Report Date : |
11.04.2015 |
IDENTIFICATION DETAILS
|
Name : |
MUNDIFIOS-COMERCIO DE FIOS SA |
|
|
|
|
Registered Office : |
Parque Industrial da Ponte, Pavilhão F-11, 4805-661-PONTE GMR, Guimaraes, Braga |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
31.07.1985 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Wholesale trade of textiles |
|
|
|
|
No of Employees : |
32 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Portugal |
B1 |
B1 |
|
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 |
PORTUGAL ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Austerity measures also have contributed to record unemployment and a wave of emigration not seen since the 1960s. Booming exports will contribute to growth and employment in 2014, but the need to continue to reduce private- and public-sector debt could weigh on consumption and investment. The government of Pedro PASSOS COELHO has stated its intention to reduce labor market rigidity, and, this, along with steps to trim the budget deficit, could make Portugal more attractive to foreign investors. The government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in 2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts, public debt has continued to grow and, in 2013, stands among the highest in the EU. As a result, the government may have difficulty regaining full bond market financing when the EU-IMF financing program expires in May 2014.
|
Source
: CIA |
Identification
|
Name |
MUNDIFIOS-COMERCIO
DE FIOS SA |
|
V.A.T. Number /
NIF |
501612920 |
|
Address |
Parque Industrial
da Ponte, Pavilhão F-11 |
|
Postal Code |
4805-661-PONTE
GMR |
|
Municipality |
GUIMARAES |
|
District |
BRAGA |
|
Telephone |
253470400 |
|
Fax |
253470407 |
|
E-Mail |
mundifios@mundifios.pt |
|
Web Site |
www.mundifios.pt |
|
CAE Main |
46410- Wholesale
trade of textiles |
Rating
DynamIIC
Know more about Rating DynamIIC - Glossary and Methodology
|
Credit
Risk Level |
|
Credit
Recommendation |
|
Actual
Condition |
|
Payments
|
|
Incidents |
Financial
Highlights
|
2011 |
2012 |
2013 |
|||
|
Net Sales |
82.524.886,32 |
|
71.359.096,19 |
|
69.374.124,13 |
|
Net Income For
the Year |
3.921.544,96 |
|
2.737.451,32 |
|
3.367.277,95 |
|
Shareholders
Funds |
24.422.584,47 |
|
27.160.035,79 |
|
33.220.440,20 |
|
Stocks |
7.777.026,51 |
|
7.819.180,07 |
|
9.758.216,43 |
|
LIABILITY |
14.945.620,24 |
|
11.167.734,45 |
|
11.059.762,72 |
|
ASSETS |
39.368.204,71 |
|
38.327.770,24 |
|
44.280.202,92 |
Business
Concept
Consulted sources say that the subject has been respecting its payments and commercial commitments, so credit connections with this company are recommended.
Summary
|
Legal Form |
Joint Stock Company
|
|
Constitution |
31-07-1985 |
|
V.A.T. Number /
NIF |
501612920 |
|
Employees |
32 |
|
Capital |
10.000.000,00 |
|
Sales in :
31-12-2013 |
69.374.124,13 |
|
Shareholders
Funds in: 31-12-2013 |
33.220.440,20 |
|
Credit Risk
Level |
Reduced Credit Risk
|
|
Actual Condition
|
In activity |
Governing
Bodies
|
Board of
Director's |
|
|
JOAQUIM PINHEIRO
FERNANDES |
Board of
Director's President |
|
RITA MARIA DE
CASTRO FERNANDES |
Administrator |
|
JOAQUIM ANTONIO
CASTRO FERNANDES |
Administrator |
|
Fiscal Board |
|
|
RIBEIRO DA SILVA
& ASSOCIADO, SROC LDA |
Unique Fiscal |
|
RUI ALBERTO
MACHADO DE SOUSA |
Fiscal Board
Substitute |
Legal
Structure
|
Registed on the Register Record Office of Guimaraes
with the Register Number 501612920 previous number 2413 in 31-07-1985 |
|
Constitution celebrated in 31-07-1985
published on Diário da República number 192 of 22-08-1985 |
|
To oblige the company it is necessary 2
signature |
|
Changes to Society |
|
In 29-03-2013 on Portal MJ of 08-07-2013
appointment of board of directors |
|
|
In 30-03-2010 on Portal MJ of 21-10-2010
appointment of board of directors |
|
|
In 27-12-2007 on Portal MJ of 07-01-2008
increase of capital Clique para ver detalhes
|
|
|
In 07-02-2006 on Portal MJ of 30-11-2007
appointment of board of directors |
|
|
In 30-06-2005 on Portal MJ of 27-01-2006
appointment of board of directors |
Capital
The Capital is 10.000.000,00 , divided in 2000000 shares , with a nominal value of 5,00
Activities
|
Main CAE |
46410- Wholesale
trade of textiles |
|
Business
Description |
|
Fabrico e
comercialização de fios têxteis |
|
Geographic Distribution of Sales |
|
Internal Market |
International
Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
52.534.966,36 |
75,73% |
14.676.128,83 |
21,16% |
2.163.028,94 |
3,12% |
69.374.124,13 |
|
|
2012 |
49.759.109,98 |
69,73% |
17.681.598,35 |
24,78% |
3.918.387,86 |
5,49% |
71.359.096,19 |
|
|
2011 |
61.722.604,13 |
74,79% |
17.911.368,33 |
21,70% |
2.890.913,86 |
3,50% |
82.524.886,32 |
|
|
2010 |
46.573.516,28 |
72,91% |
12.212.800,26 |
19,12% |
5.093.000,17 |
7,97% |
63.879.316,71 |
|
Geographic
Distribution of Purchases |
|
Internal Market |
International
Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
9.845.954,28 |
15,54% |
748.177,34 |
1,18% |
52.753.453,98 |
83,28% |
63.347.585,60 |
|
|
2012 |
8.201.072,52 |
12,82% |
1.458.432,08 |
2,28% |
54.334.877,89 |
84,91% |
63.994.382,49 |
|
|
2011 |
7.735.224,00 |
10,66% |
3.648.967,00 |
5,03% |
61.191.269,32 |
84,31% |
72.575.460,32 |
|
|
2010 |
7.032.481,54 |
12,43% |
3.785.781,31 |
6,69% |
45.766.610,01 |
80,88% |
56.584.872,86 |
Banks
and Financial Institutions
|
BANCO SANTANDER TOTTA
SA |
Pevidém -
Guimarães |
|
MILLENNIUM BCP |
Guimarães |
Incidents
There are no of incidents on our database
Employees
|
Year |
Total |
Men |
Women |
|
2013 |
32 |
20 |
63% |
12 |
38% |
|
|
2012 |
30 |
24 |
80% |
6 |
20% |
|
|
2011 |
28 |
20 |
71% |
8 |
29% |
|
|
2010 |
29 |
23 |
79% |
6 |
21% |
Head
Office and Installations
Has head office Parque Industrial da Ponte, Pavilhão F-11, 4805-661, PONTE GMR, Tel:253470400, Fax:253470407
Participations
|
The subject participates
on the following company(ies) |
|
NAME |
AVEFIOS-TINTURARIA
DE FIOS LDA |
|
Address |
Parque
Industrial Pav. F11 |
|
Locality |
4805-661 PONTE
GMR |
|
Telephone |
253470400 |
|
E-Mail |
avefios@gmail.com |
|
C.A.E. |
13301- Bleaching
and Dyeing |
|
Capital |
200.000,00 |
|
Participation |
80% |
Special
Information
|
Event |
General
Description |
|
Quality
Certification |
A titular é uma
empresa certificada segundo a Norma NP EN ISO 9001:2000 |
Financial
Demonstration SNC
|
Balance Sheet
SNC |
||
|
CoinEUROS |
Year:2013 |
|
|
2013 |
2012 |
2011 |
% Var.2013/12 |
||||
|
ASSET |
||||||
|
Non-current
assets |
||||||
|
Tangible fixed
assets |
1.170.382,98 |
1.316.472,12 |
1.258.301,08 |
(11,10)% |
||
|
Investment
properties |
- |
- |
- |
- |
||
|
Goodwill |
- |
- |
- |
- |
||
|
Intangible
assets |
1.875,00 |
4.278,10 |
1.794,64 |
(56,17)% |
||
|
Biological
assets |
- |
- |
- |
- |
||
|
Financial
participations - patrimonial equity method |
4.857.700,32 |
1.422.549,99 |
1.325.535,91 |
241,48% |
||
|
Financial
participations - other methods |
26.197,11 |
950.926,66 |
26.197,11 |
(97,25)% |
||
|
Shareholders/partners
|
- |
- |
- |
- |
||
|
Other financial
assets |
1.303.533,72 |
240.000,00 |
- |
443,14% |
||
|
Deferred tax
assets |
66.142,23 |
26.013,62 |
- |
154,26% |
||
|
Financial
investments(exclusive use by small entities and micro entities) |
- |
- |
- |
- |
||
|
Total |
7.425.831,36 |
3.960.240,49 |
2.611.828,74 |
87,51% |
||
|
|||||||
|
Current assets |
||||||
|
Inventories |
9.758.216,43 |
7.819.180,07 |
7.777.026,51 |
24,80% |
||
|
Biological
assets |
- |
- |
- |
- |
||
|
Costumers |
19.874.323,22 |
19.970.553,64 |
22.027.121,93 |
(0,48)% |
||
|
Advances to
suppliers |
1.393.614,26 |
680.913,22 |
47.304,56 |
104,67% |
||
|
State and other
public entities |
291.634,81 |
1.145.264,03 |
1.910.511,91 |
(74,54)% |
||
|
Shareholders/partners
|
- |
- |
- |
- |
||
|
Other accounts
receivable |
138.852,18 |
158.117,07 |
184.513,68 |
(12,18)% |
||
|
Deferrals |
42.963,46 |
40.267,00 |
34.492,28 |
6,70% |
||
|
Financial assets
held for trading |
- |
- |
- |
- |
||
|
Other financial
assets |
- |
- |
240.000,00 |
- |
||
|
Non-current assets
held for sale |
- |
- |
- |
- |
||
|
Other current
assets |
- |
- |
- |
- |
||
|
Cashier and bank
deposits |
5.354.767,20 |
4.553.234,72 |
4.535.405,10 |
17,60% |
||
|
Total |
36.854.371,56 |
34.367.529,75 |
36.756.375,97 |
7,24% |
||
|
TOTAL ASSET |
44.280.202,92 |
38.327.770,24 |
39.368.204,71 |
15,53% |
||
|
SHAREHOLDERS
FUNDS AND LIABILITIES |
||||
|
SHAREHOLDERS
FUNDS |
||||
|
Capital |
10.000.000,00 |
10.000.000,00 |
10.000.000,00 |
- |
|
Own shares |
(221.900,00) |
(221.900,00) |
(221.900,00) |
- |
|
Other
shareholders funds instruments |
- |
- |
- |
- |
|
Emission
premiuns |
- |
- |
- |
- |
|
Legal reserves |
1.709.783,50 |
1.572.910,94 |
1.376.833,69 |
8,70% |
|
Other reserves |
14.821.674,82 |
12.307.999,49 |
8.605.965,99 |
20,42% |
|
Net retained |
- |
- |
- |
- |
|
Adjustments on
financial assets |
3.543.603,93 |
763.574,04 |
740.139,83 |
364,08% |
|
Revaluation
surplus |
- |
- |
- |
- |
|
Other
shareholders funds changes |
- |
- |
- |
- |
|
Total |
29.853.162,25 |
24.422.584,47 |
20.501.039,51 |
22,24% |
|
Net income for
the period |
3.367.277,95 |
2.737.451,32 |
3.921.544,96 |
23,01% |
|
Antecipated
dividends |
- |
- |
- |
- |
|
TOTAL OF
SHAREHOLDERS FUNDS |
33.220.440,20 |
27.160.035,79 |
24.422.584,47 |
22,31% |
|
LIABILITY |
||||
|
Non-current
liiabilities |
||||
|
Provisions |
- |
- |
- |
- |
|
Financing
obtained |
1.000.000,00 |
1.590.000,00 |
2.076.675,77 |
(37,11)% |
|
Responsability for
post-employment beneficts |
- |
- |
- |
- |
|
Diferred taxes
liabilities |
115.803,22 |
87.849,84 |
34.832,71 |
31,82% |
|
Other payable
accounts |
- |
- |
- |
- |
|
Total |
1.115.803,22 |
1.677.849,84 |
2.111.508,48 |
(33,50)% |
|
Current liabilities
|
||||
|
Suppliers |
7.106.399,34 |
6.895.974,15 |
7.980.550,39 |
3,05% |
|
Advances from
costumers |
127.121,28 |
17.609,10 |
1.130,75 |
621,91% |
|
State and other
public entities |
601.398,73 |
318.847,84 |
1.146.898,36 |
88,62% |
|
Shareholders/partners
|
16.863,47 |
3.493,54 |
4.607,50 |
382,70% |
|
Financing
obtained |
1.954.323,66 |
1.950.889,84 |
3.273.806,85 |
0,18% |
|
Other payable
accounts |
137.853,02 |
303.070,14 |
427.117,91 |
(54,51)% |
|
Deferrals |
- |
- |
- |
- |
|
Financial
liabilities held for trading |
- |
- |
- |
- |
|
Other financial
liabilities |
- |
- |
- |
- |
|
Non-current
liabilities held for sale |
- |
- |
- |
- |
|
Other current
liabilities |
- |
- |
- |
- |
|
Total |
9.943.959,50 |
9.489.884,61 |
12.834.111,76 |
4,78% |
|
TOTAL
LIABILITIES |
11.059.762,72 |
11.167.734,45 |
14.945.620,24 |
(0,97)% |
|
TOTAL
SHAREHOLDERS FUNDS AND LIABILITIES |
44.280.202,92 |
38.327.770,24 |
39.368.204,71 |
15,53% |
|
INCOME STATEMENT
|
||||
|
INCOME AND
EXPENSES |
||||
|
Sales and
services |
69.374.124,13 |
71.359.096,19 |
82.524.886,32 |
(2,78)% |
|
Operating
government grants |
- |
- |
- |
- |
|
Gains/losses
allocated subsidiaries, associates and joint ventures |
(166.908,16) |
123.014,08 |
(69.603,92) |
(235,68)% |
|
Variation in
production inventories |
- |
- |
- |
- |
|
Work for the
entity itself |
- |
- |
- |
- |
|
Cost of goods
sold and materials consumed |
61.311.273,15 |
64.179.828,95 |
71.730.109,00 |
(4,47)% |
|
Suppliers and external
services |
2.147.768,51 |
2.518.140,80 |
4.014.798,20 |
(14,71)% |
|
Personnel costs |
1.021.657,42 |
1.091.569,33 |
1.089.725,62 |
(6,40)% |
|
Impairment of
inventories (losses/revearsals) |
97.276,09 |
(227.600,02) |
227.600,02 |
(142,74)% |
|
Impairment of
receivables (losses/revearsals) |
4.776,53 |
28.744,48 |
(125.546,31) |
(83,38)% |
|
Provisions
(increases/reductions) |
- |
- |
- |
- |
|
Impairment of
investments not depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Other impairments
(losses/reversals)/impairments (losses/reversals) (exclusive use by small
entities and microentities) |
- |
- |
- |
- |
|
Increases/decreases
in fair value |
- |
- |
- |
- |
|
Other income and
gains |
1.046.239,62 |
1.063.320,67 |
1.194.504,35 |
(1,61)% |
|
Other expenses
and losses |
560.886,70 |
737.830,23 |
984.929,24 |
(23,98)% |
|
Result before
depreciation, financing costs and taxes |
5.109.817,19 |
4.216.917,17 |
5.728.170,98 |
21,17% |
|
Expenses/reversals
of depreciation and amortization |
220.270,32 |
235.534,46 |
298.142,38 |
(6,48)% |
|
Impairment of
investments depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Operating result
(before financing costs and taxes) |
4.889.546,87 |
3.981.382,71 |
5.430.028,60 |
22,81% |
|
Interest and
similar income obtained |
25.762,25 |
- |
- |
- |
|
interest and
similar expenses incurred |
182.888,08 |
112.638,00 |
526.510,60 |
62,37% |
|
Net before taxes
|
4.732.421,04 |
3.868.744,71 |
4.903.518,00 |
22,32% |
|
Income tax of
the period |
1.365.143,09 |
1.131.293,39 |
981.973,04 |
20,67% |
|
Net profit for
the period |
3.367.277,95 |
2.737.451,32 |
3.921.544,96 |
23,01% |
|
Results of
discontinued operations (net of taxes) included in the net icome of the period
|
- |
- |
- |
- |
RATIOS
SNC
|
Date |
2013 |
2012 |
2011 |
|
||||||
|
TURNOVER RATIOS |
||||||
|
Shareholder's
Funds Profitability |
0,101 |
0,101 |
0,161 |
|||
|
Assets
Profitability |
0,11 |
0,104 |
0,138 |
|||
|
Sales Net Profitability
|
0,049 |
0,038 |
0,048 |
|||
|
EFFICIENCY
RATIOS |
||||||
|
Medium Term
Receivable |
104,565 |
102,149 |
97,424 |
|||
|
Asset Rotation |
1,567 |
1,862 |
2,096 |
|||
|
PRODUCTIVITY
RATIOS |
||||||
|
Productivity |
7,892 |
6,577 |
9,906 |
|||
|
SHORT TERM
RATIOS |
||||||
|
General
Liquidity |
3,706 |
3,621 |
2,864 |
|||
|
Reduced
Liquidity |
2,725 |
2,798 |
2,258 |
|||
|
Immediate
Liquidity |
0,538 |
0,48 |
0,353 |
|||
|
MEDIUM LONG TERM
RATIOS |
||||||
|
Financial
Autonomy |
0,75 |
0,709 |
0,62 |
|||
|
Solvability |
3,004 |
2,432 |
1,634 |
|||
|
Borrowed Capital
Structure |
0,899 |
0,85 |
0,859 |
|||
|
General Debt |
0,089 |
0,13 |
0,219 |
|||
|
Medium Long Term
Debt |
0,03 |
0,059 |
0,085 |
|||
|
Debt Structure |
0,899 |
0,85 |
0,859 |
|||
|
Capital
Structure |
29,773 |
16,187 |
11,566 |
|||
|
Operational and
Financial Risk |
||||||
|
Operational
Leverage Level |
1,649 |
1,803 |
1,988 |
|||
|
Financial Leverage
Level |
1,033 |
1,029 |
1,107 |
|||
|
Combined
Leverage Level |
1,703 |
1,855 |
2,201 |
|||
CASH
FLOW STATEMENT
|
Rubrics |
2013 |
2012 |
PERIODS |
|
CASH FLOWS FROM
OPERATIONAL ACTIVITIES |
|||
|
Customers
receipts |
69.171.775,85 |
73.381.333,39 |
(5,74)% |
|
Payments to
suppliers |
66.100.805,22 |
68.220.489,42 |
(3,11)% |
|
Payments to
employees |
1.025.123,69 |
1.088.321,74 |
(5,81)% |
|
Cash at bank
generated from operations |
2.045.846,94 |
4.072.522,23 |
(49,76)% |
|
Payment/receipt
of income tax |
(1.052.996,97) |
(873.842,43) |
(20,50)% |
|
Other
receipts/payments |
1.277.369,71 |
(595.831,08) |
314,38% |
|
Cash Flows from
Operational Activities (A) |
2.270.219,68 |
2.602.848,72 |
(12,78)% |
|
CASH FLOWS' INVESTMENT
ACTIVITIES |
|||
|
Payments
regarding: |
|||
|
Fixed tangible
assets |
262.392,70 |
291.688,96 |
(10,04)% |
|
Intangible
assets |
- |
4.500,00 |
- |
|
Financial
investments |
1.141.069,20 |
999.311,99 |
14,19% |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|||
|
Fixed tangible
assets |
202.867,22 |
19.893,03 |
919,79% |
|
Intangible
assets |
- |
- |
- |
|
Financial
investments |
- |
95.000,00 |
- |
|
Other assets |
- |
- |
- |
|
Investment
subsidies |
- |
- |
- |
|
Interest and
similar income |
- |
- |
- |
|
Dividends |
- |
- |
- |
|
Cash Flows'
Investments Activities (B) |
(1.200.594,68) |
(1.180.607,92) |
(1,69)% |
|
CASH FLOWS'
INVESTMENT ACTIVITIES |
|||
|
Receipts from: |
|||
|
Obtained
financing |
151.843,16 |
- |
- |
|
Paying-up of capital
and other equity instruments |
- |
- |
- |
|
Coverage of
losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing
operations |
- |
- |
- |
|
Payments
regarding: |
|||
|
Obtained
financing |
725.039,41 |
289.583,69 |
150,37% |
|
Interests and similar
expenses |
196.765,08 |
57.587,67 |
241,68% |
|
Dividends |
- |
- |
- |
|
Capital's
redution and other equity instruments |
- |
- |
- |
|
Other financing
operations |
- |
1.521.123,05 |
- |
|
Cash Flows'
Financing Activities © |
(769.961,33) |
(1.868.294,41) |
58,79% |
|
Variation in
cash at bank and its equivalents (A+B+C) |
299.663,67 |
(446.053,61) |
167,18% |
|
Effect of
exchange differences |
501.868,81 |
463.883,23 |
8,19% |
|
Cash at bank and
its equivalents at the start of period |
4.553.234,72 |
4.535.405,10 |
0,39% |
|
Cash at bank and
its equivalents at the end of period |
5.354.767,20 |
4.553.234,72 |
17,60% |
CASH
FLOWS
|
Movimentos do
Periodo de 2013 |
||||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S
CARRYING AMOUNT AND MOVEMENTS |
|
Cash in hand |
2.549,36 |
63.940.074,72 |
63.942.079,39 |
544,69 |
|
Order deposits |
2.550.685,36 |
177.042.582,05 |
176.139.044,90 |
3.454.222,51 |
|
Other bank
deposits |
2.000.000,00 |
6.650.000,00 |
6.750.000,00 |
1.900.000,00 |
|
Total cash at
bank and bank deposits |
4.553.234,72 |
247.632.656,77 |
246.831.124,29 |
5.354.767,20 |
|
Of which: Bank
deposits abroad |
- |
- |
- |
0,00 |
|
Rubrics |
Value |
|
OTHER
INFORMATION |
|
|
Receipts from: |
|
|
Non-life
insurance claims |
- |
|
Operating
subsidies |
- |
|
Cash at bank and
its equivalents not available for use |
- |
ASSETS
IMPAIRMENT
|
Movimentos do
Periodo de 2013 |
|
|||||
|
Impairment
losses |
Impairment
losses reversals |
|||||
|
Rubrics |
Recognized in
profit and loss |
On revalued
assets recognized in equity |
Total |
Recognized in
profit and loss |
Recognized in
Equity |
Total |
|
Individual
assets |
|
|||||
|
Fixed tangible
assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
0,00 |
0,00 |
- |
- |
0,00 |
0,00 |
|
Intangible
assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment
properties (cost model) |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Investments in
progress |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Financial
investments |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
TOTAL |
||||||
|
of which:
cash-generating units |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
GOVERNMENT
GRANTS AND GOVERNMENT ASSISTANCE
|
Grants from
State and other public bodies |
Grants from
other entities |
|||
|
Rubrics |
Value assigned
in the period or in previous periods |
Value attributed
to the period |
Value assigned
in the period or in previous periods |
Value attributed
to the period |
|
Grants related
to assets/investment: |
218.129,88 |
218.129,88 |
0,00 |
0,00 |
|
Fixed tangible
assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Land and Natural
Resources |
- |
- |
- |
- |
|
Buildings and
other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport
equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological
equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible
assets |
218.129,88 |
218.129,88 |
0,00 |
0,00 |
|
Development
projects |
218.129,88 |
218.129,88 |
- |
- |
|
Computer
programmes |
- |
- |
- |
- |
|
Industrial
property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related
to income / operating |
- |
- |
- |
- |
|
Value of
repayments in the period: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Grants related
to assets/investment |
- |
- |
- |
- |
|
Grants related
to income / operating |
- |
- |
- |
- |
|
TOTAL |
218.129,88 |
218.129,88 |
0,00 |
0,00 |
IMPAIRMENT
LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST
|
Movimentos do
Periodo de 2013 |
|||
|
Rubrics |
Impairment
losses |
Impairment losses
reversals |
Total |
|
Receivable debts
from customers |
4.776,53 |
- |
4.776,53 |
|
Other
receivables |
- |
- |
0,00 |
|
Equity
instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
4.776,53 |
0,00 |
4.776,53 |
DEBTS
REGISTERED AS DOUBTFUL
|
Rubrics |
Value |
|
Regarding
insolvency and company recovery procedures or enforcement procedures |
113.409,26 |
|
Claimed in court |
- |
|
In arrears: |
12.956,62 |
|
Over six months
and up to twelve months |
174,12 |
|
Over twelve
months and up to eighteen months |
2.000,00 |
|
Over eighteen
months and up to twenty four months |
- |
|
Over twenty four
months |
10.782,50 |
|
TOTAL |
126.365,88 |
EMPLOYEE
BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS
|
Rubrics |
Average number
of employees |
Average number
of hours worked |
|
Company
employees, paid and unpaid |
32 |
59.808 |
|
Paid company
employees |
32 |
59.808 |
|
Company UNPAID
employees |
0 |
0 |
|
Company
employees, by type of working hours |
||
|
Full time
company employees |
32 |
59.808 |
|
Of which: Full
time company employees |
32 |
59.808 |
|
Part time
company employees |
- |
- |
|
Of which: Part
time company employees |
- |
- |
|
Company
employees, by gender: |
||
|
Men |
20 |
39.672 |
|
Women |
12 |
20.136 |
|
Company
employees, of which: |
||
|
Company
employees assigned to Research and Development |
- |
- |
|
Service
providers |
- |
- |
|
People placed
through temporary employment agencies |
- |
- |
Staff
costs
|
Rubrics |
Value |
|
Staff costs |
1.021.657,42 |
|
Governance
Bodies Remuneration |
177.217,23 |
|
Of which:
Profit-sharing |
- |
|
Employees
remuneration |
633.335,10 |
|
Of which:
Profit-sharing |
- |
|
Post-employment
benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined
contribution plans - corporate bodies |
- |
|
For defined
contribution plans - others |
- |
|
Compensations |
- |
|
Charges on
remunerations |
164.301,38 |
|
Insurance for
accidents at work and professional diseases |
5.080,56 |
|
Social security
expenses |
26.151,63 |
|
Other staff
costs |
15.571,52 |
|
Of which: |
|
|
Expenditure on
education |
6.590,50 |
|
Expenditure on
uniforms |
- |
INFORMATION
BY GEOGRAPHIC MARKETS
|
Geographic
markets |
||||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
51.907.809,70 |
14.626.771,46 |
2.163.028,94 |
68.697.610,10 |
|
Services
provided |
627.156,66 |
49.357,37 |
- |
676.514,03 |
|
Purchases |
9.845.954,28 |
748.177,34 |
52.753.453,98 |
63.347.585,60 |
|
Supplies and
external services |
1.826.213,06 |
321.555,45 |
- |
2.147.768,51 |
|
Acquisition of
fixed tangible assets |
71.778,08 |
- |
- |
71.778,08 |
|
Acquisition of
investment properties |
- |
- |
- |
0,00 |
|
Acquisition of
intangible assets |
- |
- |
- |
0,00 |
|
Supplementary
income: |
4.091,64 |
0,00 |
0,00 |
4.091,64 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies,
projects and technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
4.091,64 |
- |
- |
4.091,64 |
|
Memorandum:
Sales and services provided (undiscounted values) |
49.826.208,89 |
15.139.284,91 |
2.306.926,98 |
67.272.420,78 |
|
Memorandum:
Purchases and supplies and external services (undiscounted values) |
4.266.643,92 |
728.124,94 |
52.863.506,87 |
57.858.275,73 |
RECEIVABLE
AND PAYABLE ACCOUNTS
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Customers |
|
||
|
Trade accounts
receivable |
16.583.516,52 |
16.273.763,76 |
1,90% |
|
Trade notes
receivable |
3.290.806,70 |
3.818.379,23 |
(13,82)% |
|
Advances
received from customers |
127.121,28 |
17.609,10 |
621,91% |
|
Suppliers |
|||
|
Trade accounts
payable |
7.106.399,34 |
6.895.974,15 |
3,05% |
|
Trade notes
payable |
- |
- |
- |
|
Trade accounts payable
- unchecked invoices |
- |
- |
- |
|
Advances to
suppliers |
1.393.614,26 |
680.913,22 |
104,67% |
|
Staff |
|||
|
Payable
remunerations |
- |
- |
- |
|
Advanced
payments |
- |
- |
- |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
State and other
public sector institutions |
|||
|
Income Tax |
(172.373,86) |
(238.822,11) |
27,82% |
|
Deductible IVA
(debt cumulative amounts) |
13.671.924,16 |
14.933.224,29 |
(8,45)% |
|
Paid IVA (credit
cumulative amounts) |
11.863.503,39 |
12.270.089,53 |
(3,31)% |
|
Shareholders /
partners |
|||
|
Shareholders
with subscription |
- |
- |
- |
|
Unreleased
quotas |
- |
- |
- |
|
Advances for
profits |
- |
- |
- |
|
Allocated
results |
|||
|
From the perspective
of the entity distributing profits |
- |
- |
- |
|
From the
perspective of the entity with allocated profits |
- |
- |
- |
|
Available
profits |
|||
|
From the
perspective of the entity distributing profits |
- |
- |
- |
|
From the perspective
of the entity with allocated profits |
- |
- |
- |
|
Granted loans -
parent company |
- |
- |
- |
|
Granted loans -
subsidiary companies, associated companies and joint ventures |
- |
- |
- |
|
Granted loans -
other shareholders/partners |
- |
- |
- |
|
Of which:
Participating companies |
- |
- |
- |
|
Other operations |
|||
|
Debit status |
- |
- |
- |
|
Credit status |
16.863,47 |
3.493,54 |
382,70% |
|
Other receivable
and payable accounts |
|||
|
Investment
providers - general accounts |
- |
5.686,48 |
- |
|
Trade accounts
payable - unchecked invoices |
- |
- |
- |
|
Advanced
payments to investment providers |
- |
- |
- |
|
additional
income - Debtors |
- |
- |
- |
|
additional
expenses - Creditors |
- |
129.410,37 |
- |
|
Deferred tax
assets |
66.142,23 |
26.013,62 |
154,26% |
|
Deferred tax
liabilities |
115.803,22 |
87.849,84 |
31,82% |
|
Unreleased
subscriptions - Creditors |
- |
- |
- |
|
Advances
received on account of sales |
- |
- |
- |
|
Other debtors
and creditors |
|||
|
Other debtors |
138.852,18 |
158.117,07 |
(12,18)% |
|
Other creditors |
137.853,02 |
167.973,29 |
(17,93)% |
EXPENSE
ACCOUNTS
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Supplies and
external services |
2.147.768,51 |
2.518.140,80 |
(14,71)% |
|
Subcontracts |
25.105,43 |
383.553,27 |
(93,45)% |
|
Specialized
services |
899.992,07 |
921.524,91 |
(2,34)% |
|
Specialized
works |
175.354,51 |
167.574,64 |
4,64% |
|
Of which:
Payments to workers placed through agencies |
0,00 |
- |
- |
|
Advertising and
promotion |
13.346,00 |
6.679,00 |
99,82% |
|
Surveillance and
security |
0,00 |
4.450,00 |
(100,00)% |
|
Fees |
0,00 |
- |
- |
|
Comissions |
504.710,22 |
522.752,87 |
(3,45)% |
|
Maintenance and
repairs |
62.034,47 |
84.960,12 |
(26,98)% |
|
Others |
144.546,87 |
135.108,28 |
6,99% |
|
Materials |
45.987,00 |
30.620,52 |
50,18% |
|
Fast wear tools
and utensils |
754,41 |
298,24 |
152,95% |
|
Books and
technical documentation |
51,20 |
369,07 |
(86,13)% |
|
Office material |
26.717,25 |
22.582,67 |
18,31% |
|
Gift items |
18.464,14 |
7.310,54 |
152,57% |
|
Others |
0,00 |
60,00 |
(100,00)% |
|
Energy and
fluids |
149.540,23 |
159.246,03 |
(6,09)% |
|
Electricity |
21.466,92 |
18.161,61 |
18,20% |
|
Fuels |
125.013,00 |
139.150,74 |
(10,16)% |
|
Water |
1.663,71 |
1.075,24 |
54,73% |
|
Others |
1.396,60 |
858,44 |
62,69% |
|
Travel, lodging
and transportation |
558.670,67 |
538.241,72 |
3,80% |
|
Travel and
lodging |
45.897,15 |
31.903,69 |
43,86% |
|
Transport of
personnel |
0,00 |
- |
- |
|
Transport of
goods |
512.773,52 |
506.338,03 |
1,27% |
|
Others |
0,00 |
- |
- |
|
Different
services |
468.473,11 |
484.954,35 |
(3,40)% |
|
Rents and leases |
133.380,00 |
133.380,00 |
0,00% |
|
Of which: Rents
from land |
0,00 |
- |
- |
|
Communication |
31.124,72 |
31.812,57 |
(2,16)% |
|
Insurance |
223.260,88 |
233.402,19 |
(4,34)% |
|
Royalties |
0,00 |
- |
- |
|
Litigation and
Notaries |
517,50 |
225,64 |
129,35% |
|
Representation
expenses |
78.339,71 |
81.835,89 |
(4,27)% |
|
Cleaning,
hygiene and comfort |
1.850,30 |
4.221,03 |
(56,16)% |
|
Other services |
0,00 |
77,03 |
(100,00)% |
Deliberation
of Approval of Accounts
|
Were the
financial year's accounts approved? |
|
YES |
|
Data da
Aprovação: 31-03-2014 |
|
By
(Unanimity/Majority): |
|
Unanimity |
|
Percentage of issued
votes related to the share capital subscribed with voting right |
|
100 |
|
The accounts
were approved: |
|
In general
meeting regularly convoked |
|
The accounts
were approved: |
|
In POC/SNC/NCM (National
Plan of Accounts/Accounting Normalization System/Accounting Normalization for
micro entities) |
PROFIT
APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S
ACCOUNTS
|
Rubrics |
2013 |
2012 |
|
Retained
earnings |
3.367.277,95 |
2.737.451,32 |
|
Allocated
results / Available profits |
- |
- |
|
Percentages or
bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
3.282.977,72 |
- |
|
Coverage of
losses |
- |
- |
|
7. Others |
84.300,23 |
- |
|
BALANCE
(1-2-3-4-5-6-7) |
0,00 |
2.737.451,32 |
Management
Report / Assessment of the Inspection Body / Legal Certification of Accounts
|
MANAGEMENT REPORT |
|
|
Were the
Management Report and financial year's accounts prepared? |
|
|
YES |
|
|
Were the management
report and the financial year's accounts signed by all members of the
management / administration? |
|
|
YES |
|
|
ASSESSMENT OF THE INSPECTION BODY |
|
|
The entity has
an inspection body? |
|
|
YES |
|
|
Has the
inspection body issued an assessment? |
|
|
YES |
|
|
The inspection
body pronounced: |
|
|
In favour of the
approval of accounts |
|
|
LEGAL CERTIFICATION OF ACCOUNTS (CLC) |
|
|
Is the entity
required to have certified accounts by a Statutory Auditor/Statutory Audit
Firm? |
|
|
YES |
|
|
Identificação do
ROC: 507389956 |
|
|
Was the Legal
certification of accounts issued? |
|
|
YES |
|
|
Without
reservation and without emphasis |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 62.36 |
|
|
1 |
Rs. 91.60 |
|
Euro |
1 |
Rs. 66.48 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
DPT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.