MIRA INFORM REPORT

 

 

Report No. :

336866

Report Date :

14.08.2015

 

IDENTIFICATION DETAILS

 

Name :

EKKIA

 

 

Registered Office :

Ekkia 12 Rue Branly Bp 35 67501 Haguenau Cedex

 

 

Country :

France

 

 

Financials (as on) :

31.12.2005

 

 

Date of Incorporation :

April 1967

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

Wholesale ( business to business) other household goods

 

 

No. of Employees :

50 to 99

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

France

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

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 more than 84 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 increased by 0.4% in 2014. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.4% in the fourth quarter of 2014. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 24.3% in the fourth quarter of 2014. 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% of GDP in 2014, while France's public debt rose from 68% of GDP to more than 95% in 2014, and may hit 100% by 2016. Elected on a conventionally leftist platform, President Francois HOLLANDE surprised and angered many supporters with a January 2014 speech announcing a sharp change in his economic policy, recasting himself as a liberalizing reformer. The government's budget for 2014 shifted the balance of fiscal consolidation from taxes to a total of $24 billion in spending cuts. In December 2014, HOLLANDE announced additional reforms, including a plan to extend commercial business hours, liberalize professional services, and sell off $6.2-12.4 billion in state owned assets. France’s tax burden remains well above the EU average and income tax cuts over the past decade are being partly reversed, particularly for higher earners. The top rate of income tax is 41%. The government is allowing a 75% payroll tax on salaries over $1.24 million to lapse.

 

Source : CIA

 

Company Summery

 

SIRET

678 501 123 00023

Name

EKKIA

Acronym

-

Trade name

-

Status

Economically active

Postal Address

EKKIA
12 RUE BRANLY
BP 35
67501 HAGUENAU CEDEX

Share Capital

3,500,000 Euros

Incorporiation Date

04/1967

Activity (APE)

Commerce de gros (commerce interentreprises) d'autres biens domestiques (4649Z)

RCS Registration

RCS Strasbourg B 678 501 123

Formation Date

01/1967

EUR VAT Number

FR91678501123

Deregistration Date

-

Last account Date

31/12/2005

Court Registry Number

19 6 7B00112

Telephone

03 88 07 40 05

Registration Court

Strasbourg (67)

Fax

03 88 07 40 04

Nationality

France

 

Legal form

Simplified joint stock company

Currency

Euros

 

 

Key Financials

 

YEAR TO DATE

TURNOVER

GROSS OPERATING SURPLUS

SHAREHOLDER'S EQUITY

NET RESULT

EMPLOYEES

31/12/2005

38,483,248 €

13.16% Turnover

11,384,309 €

4,123,610 €

50 to 99 employees

31/12/2004

38,974,962 €

14.72% Turnover

10,308,861 €

3,085,989 €

-

31/12/2003

35,239,243 €

15% Turnover

11,294,938 €

4,289,755 €

-

 

 

Ultimate Holding Company

 

Name

Safe Number

Country

Company Number

EKKIA

FR11831584

678501123

Affiliation links.

 

Directors

 

Current Directors

1

 

 

Preferential Right

 

Last published preferential right

This company is not under monitoring

 

Collection of preferential rights impossible on this company

 

 

Payment Information Summary – Trade Payment Data

 

Total number of Invoices available

37

Total number of Invoices paid within or up to 30 days after the due date

27

Total number of Invoices paid more than 30 days after the dues date

10

Total number of Invoices currently outstanding where the due date has not yet been reached

0

Total number of Invoices currently outstanding beyond the due date

0

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Establishment Details

 

Type of Establishment

Single (translated to H)

Production Role

-

APE/NAF Code

4649Z

Activity

Commerce de gros (commerce interentreprises) d'autres biens domestiques

Formation Date

01/1987

Reason for Formation

Other

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

12 RUE BRANLY 
67500 HAGUENAU

Department

Bas-Rhin (67)

Location Surface

-

District

2

City

HAGUENAU

Status

Economically active

Business Pages FT®

EQUITATION: SELLERIE, EQUIPEMENT (DETAIL)

Region

Alsace

Area

09

Size of Urban Area

-

 

 

Ultimate Parent(s)

 

1 ultimate parent company/companies for this company

Company Name

Activity (APE)

APE/NAF Code

City

Post Code

EKKIA

Commerce de gros (commerce interentreprises) d'autres biens domestiques

4649Z

HAGUENAU

67500

 

 

Other Establishment(s)

 

Regionality

Legal unit with all establishments in same area

Mono-activity status

Legal unit having all establishments with the same main activity

Branches

0 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

EKKIA

Head Office

4649Z

Commerce de gros (commerce interentreprises) d'autres biens domestiques

HAGUENAU

67500

 

 

Workforces

 

Workforce at address

50 to 99 employees

Company workforce

50 to 99 employees

 

 

Commentary

 

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

 

The latest account data is more than 5 years old, this has an impact on the rating. Please contact Creditsafe with your latest financial statements if you want the risk score to be recalculated

The increase in the gearing percentage over the last two accounting periods is 506 %

The decrease of tangible fixed assets over the last two accounting periods is 14 %

The stock to turnover ratio is 22.01

The sales to current assets ratio is 1.87

High risk workforce size

The return on total assets employed is 29.59

The net turnover is 38,483,248 €

The liabilities are 9,998,029 €

The risk provisions are 75,669 €

The company has 1 director(s)

Department code with low risk rating

Industry code with low risk rating

The total assets are 21,482,042 €

The pre-tax profit is 6,356,850 €

The net current assets are 20,589,935 €

The creditor days are 16.89

The ratio total assets to total liabilities is 2.13

The shareholder's equity is 11,384,309 €

 

 

Industry comparison

 

Activity (APE)

Commerce de gros (commerce interentreprises) d'autres biens domestiques (4649Z)

Industry average credit rating

45

Industry average credit limit

20,043

 

 

Collective procedures

 

No judgment information for the company

 

 

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

 

Ultimate parent company

EKKIA

Direct parent

-

Group – Number of companies

3

Linkages – Number of companies

-

Number of countries

-

 

 

NAME

SIREN

PARTS

LAST ACCOUNT PUBLISHED

1

EKKIA

678501123

-

31/12/2005

2

PARAMEDICAL DE L'ANGE

351534045

Majority

31/12/2013

3

FINANCIERE DE L'ANGE

789942810

69.96 %

-

 

 

Shareholders

 

No Shareholders available for this company

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. VIGNION JEAN-FRANCOIS

Manager position

President

Date of birth

12/10/1951

Place of birth

PUTEAUX

Type

Individual

Name at birth

 

 

Previous Directors

 

No data about previous directors is available for this company

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

30/07/2013

Bodacc B

Modification et mutation diverse

67 - BAS-RHIN

GREFFE DU TRIBUNAL D'INSTANCE DE STRASBOURG

1067 - 678 501 123 RCS Strasbourg. EKKIA. Forme : SAS. Administration : président : VIGNION (Jean, François) ; commissaire aux comptes titulaire : JPA (SAh) ; commissaire aux comptes suppléant : CABINET MICHEL POTET (SARLh). Activité : . 
Commentaires : modification survenue sur l'administration.

03/05/2007

Bodacc B

Modifications et mutations diverses

804 - Ancienne situation du siège social : RCS Strasbourg 678 501 123. RC 67-B 112. UKAL. Forme : S.A.S. Capital : 3 500 000 euros. Adresse : 12 rue Branly, 67500 Nouvelle situation du siège social - Dénomination : EKKIA. Date d'effet : 7 février 2007.

14/02/2007

Bodacc C

Avis de dépôt des comptes

2724 - RCS Strasbourg B 678 501 123. RC 67-B 112. UKAL. Forme: S.A.S. Adresse du siège social: 12, rue Branly,67500 Haguenau. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

28/04/2006

Bodacc B

Modifications et mutations diverses

2003 - RCS Strasbourg 678 501 123. RC 67-B 112. UKAL. Forme : S.A.S. Capital : 3 500 000 euros. Adresse du siège social : 12 rue Branly,, 67500 Administration : ancien commissaire aux comptes titulaire : MGA AUDIT. Ancien commissaire aux comptes suppléant : CABINET RHENAN DE COMMISSARIAT AUX COMPTES AUDIRHIN. Nouveau commissaire aux comptes titulaire : SOFIDEEC S.A. Nouveau commissaire aux comptes suppléant : ALIBAY (Christian). Date d'effet : 10 février 2006.

17/01/2006

Bodacc B

Modifications et mutations diverses

1591 - RCS Strasbourg 678 501 123. RC 67-B 112. UKAL. Forme : S.A.S. Capital : 3 500 000 euros. Adresse du siège social : 12 rue Branly,, 67500 Administration : ancien président : KEIFF (Bruno). Nouveau président : VIGNION (Jean, François). Date d'effet : 30 septembre 2005.

09/10/2005

Bodacc A

Vente et cession

636 - RCS Strasbourg 480 970 656. A dater du : 24 août 2005. RC 05-B 800. UKAL ELEVAGE. Forme : S.A.R.L. Capital : 4 515 600 euros. Adresse du siège social : 12 rue Branly, 67500 Haguenau. Etablissement principal - Activité : vente, location en gros et au détail de tous produits, de matériel et d'instruments dans le domaine de l'élevage, de l'agriculture, de la chasse et du jardinage. Adresse : 12 rue Branly, 67500 Haguenau. Branche d'activité, dépendant de l'établissement principal, acquise par achat au prix stipulé de 500 000 euros. Date d'effet : 1er mai 2005. Précédent propriétaire exploitant : STE UKAL S.A.S. RCS 678 501 123. Publication légale : Les Affiches moniteur du 10 juin 2005. Oppositions : au fonds.

22/09/2005

Bodacc B

Modifications et mutations diverses

849 - RCS Strasbourg 678 501 123. RC 67-B 112. UKAL. Forme : S.A.S. Capital : 3 500 000 euros. Adresse du siège social : 12 rue Branly,, 67500 Administration : ancien commissaire aux comptes suppléant : SEGEC AUDIT. Nouveau commissaire aux comptes suppléant : S.A. AUDIRHIN. Date d'effet : 24 juin 2005.

20/09/2005

Bodacc C

Avis de dépôt des comptes

2739 - RCS Strasbourg B 678 501 123. RC 67-B 112. UKAL. Forme: S.A.S. Adresse du siège social: 12, rue Branly67500 Haguenau. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

09/03/2005

Bodacc B

Modifications et mutations diverses

954 - RCS Strasbourg 678 501 123. RC 67-B 112. UKAL. Forme : S.A.S. Capital : 3 500 euros. Adresse du siège social : 12 rue Branly,, 67500 Administration : nouveau commissaire aux comptes titulaire : MGA AUDIT, en remplacement de GABLE (Michel). Date d'effet : 6 septembre 2004.

25/02/2005

Bodacc C

Avis de dépôt des comptes

1706 - RCS Strasbourg B 678 501 123. RC 67-B 112. UKAL. Forme: S.A.S. Adresse du siège social: 12, rue Branly67500 Haguenau. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2003.

07/06/2002

Bodacc B

Modifications et mutations diverses

RCS Strasbourg 678501123 RC 67-B 112 UKAL. Forme : S.A.S. Capital : 3 500 000 euros. Adresse du siège social : 12 rue Branly, 67500 Haguenau. Administration : ancien membre du conseil de surveillance : KEIFF (Ulrich), à compter du 26 décembre 2001. Nouveau vice-président du conseil de surveillance : WURTZ (Arsène), déjà membre. Date d'effet : 14 mars 2002.

19/04/2002

Bodacc B

Modifications et mutations diverses

RCS Strasbourg 678501123 RC 67-B 112 UKAL. Forme : S.A.S. Capital : 3 500 000 euros. Adresse du siège social : 12 rue Branly, 67500 Haguenau. Administration : nouveau membre du conseil de surveillance : WURTZ (Arsène). Date d'effet : 17 décembre 2001.

27/11/2001

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Strasbourg B 678501123 RC 67-B 112 UKAL. Forme : S.A. à directoire et conseil de surveillance. Capital : 3 500 000 euros. Adresse : 12 rue de Branly, 67500 Haguenau Nouvelle situation du siège social. Forme : S.A.S. Administration : nomination en qualité de président et directeur général unique : KEIFF (Bruno) ancien membre du directoire. Nomination en qualité de président du conseil de surveillance : KEIFF (Léontine), ancien membre du directoire. Nomination en qualité de vice-président du conseil de surveillance : SALA (Herrade), ancien membre du directoire. Nomination en qualité de membre du conseil de surveillance : KEIFF (Ulrich), ancien membre du directoire. Ancien membre du directoire : WURTZ (Arsène). Date d'effet : 8 septembre 2001.

28/04/2000

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Strasbourg B 678501123 RC 67-B 112 UKAL. Forme : S.A. à directoire et conseil de surveillance. Capital : 20 000 000 de F. Adresse : 12 rue Branly, 67500 Haguenau Nouvelle situation du siège social. Capital : 3 500 000 euros. Date d'effet : 27 décembre 1999.

16/04/1998

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Strasbourg B 678 501 123 RC 67-B 112 UKAL. Forme : S.A. à conseil d' administration. Capital : 20 000 000 de F (fixe). Adresse : 12 rue Branly, 67500 Haguenau Nouvelle situation du siège social. Forme : S.A. à directoire et conseil de surveillance. Administration : nomination en qualité de président de conseil de surveillance de Mme KEIFF ( Léontine), ancien président du conseil d'administration nomination en qualité de président du directoire de WURTZ ( Arsène), ancien administrateur nomination en qualité de vice-président du conseil de surveillance de KEIFF ( Ulrich), ancien administrateur nomination en qualité de membre du conseil de surveillance de KEIFF ( Herrade), ancien administrateur nomination en qualité de membre du directoire de KEIFF (Bruno), ancien administrateur. Date d'effet : 15 décembre 1997.

14/06/1997

Bodacc B

Modifications et mutations diverses

RCS Strasbourg B 678501123 RC 67-B 112 UKAL. Forme : S.A. Capital : 20 000 000 F ( fixe). Adresse du siège social : 12, rue Branly, 67500 Haguenau. Administration : modification de la composition du conseil d'administration. Nouvel administrateur : KEIFF (Bruno). Date d'effet : 31 janvier 1997.

21/05/1996

Bodacc B

Modifications et mutations diverses

RCS Strasbourg B 678 501 123 RC 67-B 112 UKAL. Forme : S.A. Capital : 20 000 000 de F (fixe). Adresse du siège social : 12 rue Branly, 67500 Haguenau. Administration : ancien administrateur : KEIFF (Bruno). Date d'effet : 15 septembre 1995.

31/01/1996

Bodacc B

Modifications et mutations diverses

RCS Strasbourg B 678 501 123 RC 67-B 112 UKAL. Forme : S.A. Capital : 20 000 000 de F. Adresse du siège social : 12 rue Branly 67500 Haguenau. Administration : nomination d'un administrateur : WURTZ ( Arsène). Date d'effet : 29 juin 1995.

18/02/1995

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Strasbourg B 678501123 RC 67-B 112 UKAL. Forme : S.A. Capital : 1 000 000 F. Adresse : 12, rue Branly, 67500 Haguenau Nouvelle situation du siège social. Capital : 20 000 000 F. Date d'effet : 24 juin 1994.

 

 

Company events history

 

Date

Description

05/06/2015

Disengagement of the group

01/08/2014

Disengagement of the group

01/08/2014

New ultimate parent

01/08/2014

New parent detected

30/07/2013

Bodacc B: Various editing or changing

27/06/2013

Private document

27/06/2013

Minutes of general meeting of shareholders

27/06/2013

Appointment/resignation of company officers

27/06/2013

Amendment

02/03/2010

New shareholders detected

02/03/2010

New subsidiarie(s) detected

02/03/2010

New ultimate parent

02/03/2010

New parent detected

14/03/2007

Updated articles of association

14/03/2007

Private document

14/03/2007

New company name

14/03/2007

New company name

14/03/2007

Minutes of general meeting of shareholders

14/03/2007

Updated articles of association

29/03/2006

Private document

29/03/2006

Private document

29/03/2006

New auditor

29/03/2006

Minutes of general meeting of shareholders

29/03/2006

Appointment/resignation of company officers

29/03/2006

Appointment/resignation of company officers

29/03/2006

New auditor

31/12/2005

New accounts available

08/12/2005

Private document

08/12/2005

Amendment

08/12/2005

Appointment/resignation of company officers

08/12/2005

Appointment/resignation of company officers

08/12/2005

Minutes of general meeting of shareholders

18/08/2005

Appointment/resignation of company officers

18/08/2005

Minutes of general meeting of shareholders

18/08/2005

Minutes of general meeting of shareholders

18/08/2005

New auditor

18/08/2005

New auditor

18/08/2005

Private document

18/08/2005

Appointment/resignation of company officers

27/01/2005

New auditor

27/01/2005

New auditor

27/01/2005

Minutes of general meeting of shareholders

27/01/2005

Appointment/resignation of company officers

27/01/2005

Appointment/resignation of company officers

27/01/2005

Amendment

27/01/2005

Private document

31/12/2004

New accounts available

22/09/2004

Minutes of general meeting of shareholders

22/09/2004

Minutes of general meeting of shareholders

22/09/2004

Private document

22/09/2004

Updated articles of association

31/12/2003

New accounts available

17/12/2002

Private document

17/12/2002

New closing date

17/12/2002

Minutes of general meeting of shareholders

17/12/2002

Updated articles of association

12/04/2002

Private document

12/04/2002

Minutes of general meeting of shareholders

12/04/2002

Appointment/resignation of company officers

07/03/2002

Appointment/resignation of company officers

07/03/2002

Private document

07/03/2002

Minutes of general meeting of shareholders

17/10/2001

Private document

17/10/2001

New legal form – no new category

17/10/2001

New legal form – new category

17/10/2001

Minutes of general meeting of shareholders

17/10/2001

Appointment/resignation of company officers

17/10/2001

Amendment

17/10/2001

Updated articles of association

17/03/2000

Amendment

17/03/2000

Updated articles of association

17/03/2000

Private document

17/03/2000

Minutes of general meeting of shareholders

17/03/2000

Conversion of equity to euro

17/03/2000

Capital increase

17/03/2000

Appointment/resignation of company officers

06/02/1998

Appointment/resignation of company officers

06/02/1998

Change to the administration of a public limited company

06/02/1998

Amendment

06/02/1998

Updated articles of association

06/02/1998

Minutes of general meeting of shareholders

01/04/1997

Appointment/resignation of company officers

01/04/1997

Changes to the Board of Directors

01/04/1997

Private document

01/04/1997

Minutes of general meeting of shareholders

22/03/1996

Changes to the Board of Directors

22/03/1996

Amendment

22/03/1996

Minutes of Board meeting

03/11/1995

Amendment

03/11/1995

Appointment/resignation of company officers

03/11/1995

Changes to the Board of Directors

03/11/1995

Minutes of general meeting of shareholders

22/12/1994

Minutes of general meeting of shareholders

22/12/1994

Capital increase

22/12/1994

Updated articles of association

05/05/1994

Minutes of general meeting of shareholders

26/06/1992

Appointment/resignation of company officers

26/06/1992

Changes to the Board of Directors

26/06/1992

Minutes of general meeting of shareholders

 

 

Synthesized Accounts

 

Annual Accounts

31/12/2005

31/12/2004

31/12/2003

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

-

-

-

Activity Code

4649Z

4649Z

4649Z

Employees

67

97

94

 

Active account

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

875,203

46.4 %

597,626

31.0 %

456,307

18,161

4719.1 %

 Intangible assets

248,362

298.7 %

62,294

-6.2 %

66,419

0

0%

 Tangible assets

443,881

-14.4 %

518,502

39.0 %

373,056

6,052

7234.5 %

 Financial assets

182,959

987.1 %

16,830

0%

16,830

1,280

14193.7 %

Net current assets

20,589,935

25.6 %

16,391,021

-2.2 %

16,765,546

176,732

11550.4 %

 Stocks

8,471,115

18.4 %

7,153,942

-6.8 %

7,676,793

37,862

22273.7 %

 Advanced payments

0

0%

0

0%

63,419

0

0%

 Receivables

5,245,663

-34.4 %

7,996,451

26.4 %

6,324,928

59,931

8652.8 %

 Securities and cash

6,873,156

454.0 %

1,240,627

-54.1 %

2,700,404

19,575

35011.9 %

 Prepaid expenses

-

-

-

-

-

86

-

Accounts of regularization

16,903

29.3 %

13,072

778.5 %

1,488

0

0%

Total Assets

21,482,042

26.4 %

17,001,720

-1.3 %

17,223,343

223,431

9514.6 %

 

Passive Account

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Shareholders' equity

11,384,309

10.4 %

10,308,861

-8.7 %

11,294,938

51,065

22193.8 %

Share capital

3,500,000

0%

3,500,000

0%

3,500,000

10,000

34900.0 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

75,669

-70.5 %

256,731

4888.0 %

5,147

0

0%

Liabilities

9,998,029

55.8 %

6,418,477

8.4 %

5,923,089

149,207

6600.8 %

 Financial liabilities

6,168,744

812.8 %

675,840

-64.7 %

1,915,176

17,371

35411.7 %

 Advanced payments received

0

0%

0

0%

0

0

0%

 Trade account payables

1,780,716

-38.8 %

2,909,554

64.3 %

1,770,795

47,808

3624.7 %

 Tax and social liabilities

1,205,673

-39.2 %

1,983,748

32.7 %

1,494,789

34,112

3434.5 %

 Other debts and fixed assets liabilities

566,928

-30.2 %

812,610

9.5 %

742,433

5,525

10161.1 %

Account regularization

300,000

451.8 %

54,371

92054.2 %

59

0

0%

Total liabilities

21,482,042

26.4 %

17,001,720

-1.3 %

17,223,343

223,501

9511.6 %

 

Results

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Sales of Goods

39,629,488

-0.4 %

39,788,001

10.2 %

36,107,060

363,612

10798.8 %

Net turnover

38,483,248

-1.3 %

38,974,962

10.6 %

35,239,243

359,506

10604.5 %

 of which net export turnover

8,601,662

1.8 %

8,452,972

12.8 %

7,494,197

0

0%

Operating charges

34,056,522

-0.7 %

34,299,648

10.9 %

30,932,284

352,321

9566.3 %

Operating profit/loss

5,572,966

1.5 %

5,488,353

6.1 %

5,174,775

9,344

59542.2 %

Financial income

761,753

349.6 %

169,421

31.7 %

128,605

9

8463822.2 %

Financial charges

567,880

34.6 %

421,854

-33.7 %

636,701

1,120

50603.6 %

Financial profit/loss

193,872

176.8 %

-252,433

50.3 %

-508,095

-450

43182.7 %

Pretax net operating income

5,766,838

10.1 %

5,235,919

12.2 %

4,666,679

8,052

71519.9 %

Extraordinary income

1,405,448

551.9 %

215,607

-92.9 %

3,052,146

36

3903922.2 %

Extraordinary charges

426,653

-9.8 %

473,075

3.4 %

457,443

177

240946.9 %

Extraordinary profit/loss

978,795

480.2 %

-257,467

-109.9 %

2,594,703

0

0%

Net result

4,123,610

33.6 %

3,085,989

-28.1 %

4,289,755

7,243

56832.3 %

 

 

Accounts – Active

 

Normal Account

31/12/2005

31/12/2004

31/12/2003

Months

12

12

12

 

Grand Total - Active Accounts (I to VI)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Grand Total (I to VI)

Net

21,482,042

26.4 %

17,001,720

-1.3 %

17,223,343

Gross

CO

23,225,457

21.0 %

19,192,486

0.1 %

19,172,231

Amortisation

1A

1,743,415

-20.4 %

2,190,766

12.4 %

1,948,887

 

 

Non declared distributed capital (I)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

-

-

-

-

-

 

Active fixed asset (II)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total Active fixed asset (II)

Net

875,203

46.4 %

597,626

31.0 %

456,307

Gross

BJ

1,793,039

12.8 %

1,589,343

23.6 %

1,285,699

Amortisation

BK

917,835

-7.4 %

991,717

19.6 %

829,392

 

Intangible fixed assets

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

175,515

0%

0

0%

0

Gross

CX

234,664

0%

0

0%

0

Amortisation

AE

59,149

0%

0

0%

0

Distributorships, patents

Net

57,867

-7.1 %

62,294

-6.2 %

66,419

Gross

AF

110,664

0%

110,664

22.9 %

90,056

Amortisation

AG

52,797

9.2 %

48,370

104.6 %

23,637

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

14,980

0%

0

0%

0

Gross

AJ

14,980

0%

0

0%

0

Amortisation

AK

0

0%

0

0%

0

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 asset

Net

248,362

298.7 %

62,294

-6.2 %

66,419

 

Tangilble fixed assets

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Lands

Net

17,722

-5.6 %

18,764

0%

0

Gross

AN

20,790

5.0 %

19,800

0%

0

Amortisation

AO

3,068

196.1 %

1,036

0%

0

Buildings

Net

0

0%

0

0%

0

Gross

AP

0

0%

0

0%

0

Amortisation

AQ

0

0%

0

0%

0

Plant

Net

104,350

-20.5 %

131,310

-0.5 %

131,984

Gross

AR

222,343

-40.2 %

371,603

8.3 %

343,032

Amortisation

AS

117,993

-50.9 %

240,293

13.9 %

211,048

Other tangible fixed assets

Net

321,809

-7.6 %

348,428

55.0 %

224,791

Gross

AT

1,006,636

-4.2 %

1,050,444

28.2 %

819,497

Amortisation

AU

684,827

-2.4 %

702,016

18.0 %

594,706

Fixed assets in construction

Net

0

0%

20,000

22.8 %

16,281

Gross

AV

0

0%

20,000

22.8 %

16,281

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

443,881

-14.4 %

518,502

39.0 %

373,056

 

Financial assets

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

25,000

0%

0

0%

0

Gross

CU

25,000

0%

0

0%

0

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

141,129

0%

0

0%

0

Gross

BB

141,129

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

8,544

0%

8,544

0%

8,544

Gross

BD

8,544

0%

8,544

0%

8,544

Amortisation

BE

0

0%

0

0%

0

Loans

Net

3,882

366.0 %

833

0%

833

Gross

BF

3,882

366.0 %

833

0%

833

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

4,404

-40.9 %

7,453

0%

7,453

Gross

BH

4,404

-40.9 %

7,453

0%

7,453

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

182,959

987.1 %

16,830

0%

16,830

 

Current Assets (III)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total Assets

Net

20,589,935

25.6 %

16,391,021

-2.2 %

16,765,546

Gross

CJ

21,415,515

21.7 %

17,590,070

-1.6 %

17,885,042

Amortisation

CK

825,580

-31.1 %

1,199,048

7.1 %

1,119,495

 

Stocks

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Raw materials

Net

0

0%

0

0%

0

Gross

BL

0

0%

0

0%

0

Amortisation

BM

0

0%

0

0%

0

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

0

0%

0

0%

0

Gross

BR

0

0%

0

0%

0

Amortisation

BS

0

0%

0

0%

0

Goods for resale

Net

8,471,115

18.4 %

7,153,942

-6.8 %

7,676,793

Gross

BT

8,856,010

11.9 %

7,912,876

-5.0 %

8,326,760

Amortisation

BU

384,895

-49.3 %

758,934

16.8 %

649,967

Sub Total Stocks

Net

8,471,115

18.4 %

7,153,942

-6.8 %

7,676,793

 

Advance payments to suppliers

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Advance payments to suppliers

Net

0

0%

0

0%

63,419

Gross

BV

0

0%

0

0%

63,419

Amortisation

BW

0

0%

0

0%

0

 

Debtors

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Trade accounts receivable

Net

4,746,093

-16.3 %

5,672,396

-1.3 %

5,746,169

Gross

BX

5,172,930

-15.2 %

6,098,663

-1.2 %

6,170,237

Amortisation

BY

426,837

0.1 %

426,267

0.5 %

424,068

Other debtors

Net

468,440

-41.6 %

802,366

554.2 %

122,640

Gross

BZ

482,287

-40.9 %

816,213

385.6 %

168,100

Amortisation

CA

13,847

0%

13,847

-69.5 %

45,460

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

5,214,533

-19.5 %

6,474,762

10.3 %

5,868,809

 

Divers

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

6,873,156

454.0 %

1,240,627

-54.1 %

2,700,404

Gross

CF

6,873,156

454.0 %

1,240,627

-54.1 %

2,700,404

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

6,873,156

454.0 %

1,240,627

-54.1 %

2,700,404

 

Prepaid expenses

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Prepaid expenses

Net

31,130

-98.0 %

1,521,689

233.6 %

456,119

Gross

CH

31,130

-98.0 %

1,521,689

233.6 %

456,119

Amortisation

CI

0

0%

0

0%

0

 

Equalization accounts (IV to VI)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Multi-period charges

CW3

0

0%

0

0%

0

Gross

-

-

-

-

-

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

-

-

-

-

-

Currency differential gain

CN3

16,903

29.3 %

13,072

778.5 %

1,488

Gross

-

-

-

-

-

 

References

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Due within one year

CP

141,129

1603.2 %

8,286

0%

8,286

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Grand Total (I to V)

EE

21,482,042

26.4 %

17,001,720

-1.3 %

17,223,343

 

Shareholder Equity (I)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total shareholders' equity (Total I)

DL

11,384,309

10.4 %

10,308,861

-8.7 %

11,294,938

Equity and shareholders' equity

DA

3,500,000

0%

3,500,000

0%

3,500,000

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

350,000

0%

350,000

0%

350,000

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

9,270

0%

9,270

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

2,730,000

0.4 %

2,720,000

11.9 %

2,430,000

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

3,087

-60.6 %

7,827

-3.0 %

8,072

Profit or loss for the period

DI

4,123,610

33.6 %

3,085,989

-28.1 %

4,289,755

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

677,611

6.6 %

635,773

-10.2 %

707,840

 

Other capital resources (II)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total provisions for risks and charges (Total III)

DR

75,669

-70.5 %

256,731

4888.0 %

5,147

Risk provisions

DP

20,562

-92.0 %

256,731

4888.0 %

5,147

Reserves for charges

DQ

55,107

0%

0

0%

0

 

Liabilities (IV)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total Liabilities (Total IV)

EC

9,998,029

55.8 %

6,418,477

8.4 %

5,923,089

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

9,504

-93.7 %

150,033

-49.4 %

296,611

Sundry loans and financial liabilities

DV

6,159,240

1071.4 %

525,807

-67.5 %

1,618,565

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

1,780,716

-38.8 %

2,909,554

64.3 %

1,770,795

Tax and social security liabilities

DY

1,205,673

-39.2 %

1,983,748

32.7 %

1,494,789

Fixed asset liabilities

DZ

0

0%

0

0%

0

Other debts

EA

542,895

-31.7 %

794,961

7.1 %

742,266

 

Translation loss (V)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Translation loss (Total V)

ED

24,033

36.2 %

17,649

10468.3 %

167

 

Equalization accounts

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Deferred income

EB

300,000

451.8 %

54,371

92054.2 %

59

 

References

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

9,413,552

59.8 %

5,892,438

6.6 %

5,528,238

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

Result account

 

1 - Operating result (I-II)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Operating result (Total I-II)

GG

5,572,966

1.5 %

5,488,353

6.1 %

5,174,775

 

2 - Financial result (V-VI)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Financial result (Total V-VI)

GV

193,872

176.8 %

-252,433

50.3 %

-508,095

 

3 - Pre-tax net operating income result (I to VI)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Pre-tax net operating income (Total I-II+II-IV+V-VI)

GW

5,766,838

10.1 %

5,235,919

12.2 %

4,666,679

 

4 - Extraordinary result (VII-VIII)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Extraordinary result (Total VII-VIII)

HI

978,795

480.2 %

-257,467

-109.9 %

2,594,703

 

Profit or loss

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Profit or loss

HN

4,123,610

33.6 %

3,085,989

-28.1 %

4,289,755

 

Total Income (I+III+V+VII)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total Income (Total I+III+V+VII)

HL

41,796,689

4.0 %

40,173,030

2.3 %

39,287,812

 

Total Charges (Total II+IV+VI+VIII+IX+X)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total Charges (Total II+IV+VI+VIII+IX+X)

HM

37,673,079

1.6 %

37,087,041

6.0 %

34,998,057

 

Operating income (I)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total operating income (Total I)

FR

39,629,488

-0.4 %

39,788,001

10.2 %

36,107,060

Operating income (details)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Sale of goods for resale

FC

38,477,761

0.6 %

38,260,893

10.7 %

34,550,649

France

FA

29,876,099

0.2 %

29,824,241

10.2 %

27,073,534

Export

FB

8,601,662

2.0 %

8,436,652

12.8 %

7,477,115

Sale of goods produced

FF

0

0%

0

0%

0

France

FD

0

0%

0

0%

0

Export

FE

0

0%

0

0%

0

Sale of services

FI

5,486

-99.2 %

714,068

3.7 %

688,593

France

FG

5,486

-99.2 %

697,748

3.9 %

671,511

Export

FH

0

0%

16,320

-4.5 %

17,081

Net turnover

FL

38,483,248

-1.3 %

38,974,962

10.6 %

35,239,243

France

FJ

29,881,586

-2.1 %

30,521,990

10.0 %

27,745,046

Export

FK

8,601,662

1.8 %

8,452,972

12.8 %

7,494,197

Stocked production

FM

0

0%

0

0%

0

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

0

0%

0

0%

0

Release of reserves and provisions

FP

1,056,052

41.5 %

746,398

-4.5 %

781,845

Other income

FQ

90,188

35.3 %

66,640

-22.5 %

85,971

 

Operating charges (II)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total operating charges (Total II)

GF

34,056,522

-0.7 %

34,299,648

10.9 %

30,932,284

 

Exploitation charges

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Purchase of goods for resale

FS

24,078,610

5.0 %

22,925,776

0.7 %

22,765,014

Change in stocks of goods for resale

FT

-351,256

-184.9 %

413,884

129.3 %

-1,413,221

Purchase of raw materials

FU

294,401

-5.8 %

312,680

11.7 %

279,879

Change in stocks of raw materials

FV

0

0%

0

0%

0

Other external purchases and charges

FW

5,897,761

9.0 %

5,409,746

15.8 %

4,672,785

Tax, duty and similar payments

FX

294,297

-12.6 %

336,632

15.6 %

291,294

Payroll

FY

2,278,497

-19.7 %

2,839,033

14.7 %

2,475,501

Social security costs

FZ

928,132

-7.3 %

1,001,488

13.5 %

882,667

 

Depreciation

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Depreciation of fixed assets

GA

187,752

15.3 %

162,863

27.5 %

127,755

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

429,741

-46.7 %

806,473

0.2 %

804,971

Provisions for risks and charges

GD

0

0%

0

0%

0

 

Other charges

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Other charges

GE

18,584

-79.6 %

91,068

99.6 %

45,634

 

Operating charges (III-IV)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total financial income (Total V)

GP

761,753

349.6 %

169,421

31.7 %

128,605

Share financial income

GJ

48,418

0%

0

0%

0

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

42,429

3.6 %

40,935

-10.1 %

45,524

Released provisions and transferred charges

GM

13,072

778.5 %

1,488

-65.1 %

4,267

Exchange gains

GN

657,832

473.3 %

114,740

45.6 %

78,813

Net income from disposal of investment securities

GO

0

0%

12,256

0%

0

 

Financial charge (VI)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total financial charge (Total VI)

GU

567,880

34.6 %

421,854

-33.7 %

636,701

Financial reserves and provisions

GQ

16,903

29.3 %

13,072

778.5 %

1,488

Interest and similar charges

GR

337,783

27.3 %

265,342

-18.1 %

323,811

Exchange losses

GS

213,194

48.6 %

143,439

-53.9 %

311,402

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

Extraordinary income (VII)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total extraordinary income (Total VII)

HD

1,405,448

551.9 %

215,607

-92.9 %

3,052,146

Extraordinary operating income

HA

101,887

83.6 %

55,483

839.8 %

5,904

Extraordinary income from capital transactions

HB

1,000,465

8582.3 %

11,523

-99.6 %

2,752,589

Released provisions and transferred charges

HC

303,095

104.0 %

148,600

-49.4 %

293,653

 

Extraordinary charges (VIII)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total extraordinary charges (Total VIII)

HH

426,653

-9.8 %

473,075

3.4 %

457,443

Extraordinary operating charges

HE

101,273

-35.2 %

156,362

312.5 %

37,903

Extraordinary charges from capital transactions

HF

165,338

92786.5 %

178

-100.0 %

379,659

Extraordinary reserves and provisions

HG

160,040

-49.4 %

316,533

693.7 %

39,879

 

Employee profit sharing (IX)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Employee profit sharing (Total IX)

HJ

388,782

38.1 %

281,424

-38.8 %

459,523

 

Tax on profits (X)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Tax on profits (Total X)

HK

2,233,240

38.6 %

1,611,039

-35.9 %

2,512,105

 

References

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Of which equipment leases

HP

23,005

-49.1 %

45,157

-0.4 %

45,319

Of which property leases

HQ

0

0%

0

0%

172,439

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

 

 

Other incomes tax return forms

 

Fixed Assets

 

Grand Total Fixed Assets (I to IV)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Gross value at begin of period

OG

1,589,343

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

650,705

102.9 %

320,642

9.1 %

293,860

Decreasess by budget item transfer

OK1

0

0%

0

0%

0

Decreasess by transfers

OK2

447,010

62244.5 %

717

-99.9 %

520,930

Gross value at the end of period

OL

1,793,039

0%

0

0%

0

 

Research and development Charge (Total I)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

234,664

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

234,664

0%

0

0%

0

 

Other budget item from Intangible fixed assets (Total II)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Gross value at begin of period

KD

110,664

0%

0

0%

0

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

14,980

-27.3 %

20,608

119.1 %

9,404

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

125,644

0%

0

0%

0

 

Tangible fixed assets (Total III)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Gross value at begin of period

LN

1,461,847

0%

0

0%

0

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

234,932

-21.7 %

300,034

5.5 %

284,456

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

447,010

0%

0

0%

0

Gross value at the end of period

NH

1,249,770

0%

0

0%

0

 

Financial assets (Total IV)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Gross value at begin of period

LQ

16,832

0%

0

0%

0

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

166,129

0%

0

0%

0

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

0

0%

0

0%

0

Gross value at the end of period

NK

182,961

0%

0

0%

0

 

 

Reserve for depreciation

 

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

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Reserve for depreciation value at begin of period

ON

991,717

19.6 %

829,392

-1.6 %

842,906

Increases

OP

187,786

15.3 %

162,864

27.5 %

127,756

Decreasess

OQ

261,668

48446.9 %

539

-99.6 %

141,270

Reserve for depreciation value at the end of period

OR

917,836

-7.4 %

991,717

19.6 %

829,392

 

Research and development charge (Total I)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Reserve for depreciation value at begin of period

CY

0

0%

0

0%

0

Increases

PB

59,149

0%

0

0%

0

Decreasess

PC

0

0%

0

0%

0

Decreasess by budget item transfer

PD

59,149

0%

0

0%

0

 

Other intangible assets (Total II)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Reserve for depreciation value at begin of period

PE

48,371

0%

0

0%

0

Increases

PF

4,426

0%

0

0%

0

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

52,797

9.2 %

48,371

104.6 %

23,637

 

Total fixed assets amotisation (Total III)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Reserve for depreciation value at begin of period

QU

943,347

0%

0

0%

0

Increases

QV

124,211

0%

0

0%

0

Decreases

QW

261,668

0%

0

0%

0

Decreasess by budget item transfer

QX

805,890

-14.6 %

943,347

17.1 %

805,755

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Net value at begin 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)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Value at begining of period

7C

2,091,554

0%

0

0%

0

Increases

UB

606,685

0%

0

0%

0

Decreases

UC

1,119,378

0%

0

0%

0

Value at the end of period

UD

1,578,861

0%

0

0%

0

 

Includes Total allocations

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Operating

UE

429,741

0%

0

0%

0

Financial

UG

16,903

0%

0

0%

0

Exceptional

UJ

160,040

0%

0

0%

0

 

Includes Total Withdrawal

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Operating

UF

803,210

10.5 %

726,920

-4.4 %

760,284

Financial

UH

13,073

778.0 %

1,489

-65.1 %

4,268

Exceptional

UK

303,095

104.0 %

148,600

-49.4 %

293,654

 

Total regulated provisions (Total I)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Value at begining of period

3Z

635,774

0%

0

0%

0

Increases

TS

104,933

0%

0

0%

0

Decreases

TT

63,096

0%

0

0%

0

Value at the end of period

TU

677,611

0%

0

0%

0

 

Total risk and charge provisions (Total II)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Value at begining of period

5Z

256,732

0%

0

0%

0

Increases

TV

72,011

0%

0

0%

0

Decreases

TW

253,073

0%

0

0%

0

Value at the end of period

TX

75,670

0%

0

0%

0

 

Total Provision for depreciation (Total III)

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Value at begining of period

7B

1,199,049

7.1 %

1,119,496

4.2 %

1,074,805

Increases

TY

429,741

-46.7 %

806,473

0.2 %

804,971

Decreases

TZ

803,210

10.5 %

726,920

-4.4 %

760,280

Value at the end of period

UA

825,580

-31.1 %

1,199,049

7.1 %

1,119,496

 

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Gross value

VT

5,835,765

-30.9 %

8,444,853

24.1 %

6,802,745

1 year at most

VU

5,827,478

-31.0 %

8,444,853

24.1 %

6,802,745

More than one year

VV

8,287

0%

0

0%

0

 

State of loans

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Claims related to holdings (gross)

UL

141,129

0%

0

0%

0

Claims related to shareholdings (1 year at most)

UM

141,129

0%

0

0%

0

Loans (gross)

UP

3,882

0%

0

0%

0

Loans (1 year at most)

UR

0

0%

833

0%

833

Other financial assets (gross)

UT

4,405

0%

0

0%

0

Other financial assets (1 year at most)

UV

0

0%

7,454

0%

7,454

 

Receivables statement of assets

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Customers doubtful or disputed

VA

0

0%

0

0%

484,527

Other claims customer

UX

5,172,930

0%

0

0%

0

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

8,239

0%

0

0%

0

Social Security and other social organizations

UZ

0

0%

0

0%

1,051

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

267,958

24.0 %

216,173

99.8 %

108,211

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

206,091

0%

0

0%

0

 

Prepaid

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Prepaid

VS

31,130

0%

0

0%

0

 

State Debt

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Total debt (gross)

VY

9,998,030

55.8 %

6,418,477

8.4 %

5,923,089

1 year at most

VZ2

9,413,553

59.8 %

5,892,438

6.6 %

5,528,238

More than 1 year and 5 years at most

VZ3

584,477

11.1 %

526,039

33.2 %

394,851

More than 5 years

VZ4

0

0%

0

0%

0

 

Details

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

9,504

-88.9 %

85,667

-63.9 %

237,021

1 year at most

VG2

9,504

-88.9 %

85,667

-63.9 %

237,021

More than 1 year and 5 years at most

VG3

0

0%

0

0%

0

Borrowing & debts to more than 1 year at the origin (gross)

VH1

0

0%

64,367

8.0 %

59,591

1 year at most

VH2

0

0%

966,818

-0.8 %

974,149

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

652,864

0%

0

0%

0

1 year at most

8A2

68,387

90.0 %

35,992

-73.5 %

135,807

More than 1 year and 5 years at most

8A3

584,477

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

1,780,716

0%

0

0%

0

1 year at most

8B2

1,780,716

-38.8 %

2,909,555

64.3 %

1,770,796

More than 1 year and 5 years at most

8B3

0

0%

0

0%

0

Personnel and associated accounts (gross)

8C1

793,866

-17.9 %

966,818

-0.8 %

974,149

1 year at most

8C2

793,866

-17.9 %

966,818

-0.8 %

974,149

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

188,998

-42.2 %

326,867

73.2 %

188,775

1 year at most

8D2

188,998

-42.2 %

326,867

73.2 %

188,775

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

0

0%

0

1 year at most

8E2

0

0%

208,489

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

121,936

-64.7 %

345,553

54.2 %

224,101

1 year at most

VW2

121,936

-64.7 %

345,553

54.2 %

224,101

More than 1 year and 5 years at most

VW3

0

0%

0

0%

0

Backed Obligations (gross)

VX1

0

0%

0

0%

0

1 year at most

VX2

0

0%

0

0%

0

More than 1 year and 5 years at most

VX3

0

0%

0

0%

0

Other taxes and assimilated (gross)

VQ1

100,874

-25.8 %

136,022

26.2 %

107,765

1 year at most

VQ2

100,874

-25.8 %

136,022

26.2 %

107,765

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

0

0%

0

1 year at most

8J2

0

0%

0

0%

0

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

5,506,377

0%

0

0%

1,087,908

1 year at most

VI2

5,506,377

0%

0

0%

1,087,908

More than 1 year and 5 years at most

VI3

0

0%

0

0%

0

More than 5 years

V14

0

0%

0

0%

0

Other liabilities (gross)

8K1

542,895

0%

0

0%

0

1 year at most

8K2

542,895

-31.7 %

794,961

7.1 %

742,267

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

300,000

0%

0

0%

0

1 year at most

8L2

300,000

451.8 %

54,371

92054.2 %

59

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

References

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Loans made during the period

VJ

0

0%

0

0%

0

Debt repaid during the period

VK

64,367

0%

0

0%

0

 

 

Table allocation results and other information

 

Dividends distributed

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Dividends

ZE

0

0%

0

0%

0

 

Commitments

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Commitments leasing furniture

YQ

0

0%

37,310

-35.5 %

57,889

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

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

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

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Average number of employees

YP

67

-30.9 %

97

3.2 %

94

 

Groups and Shareholders

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

Groups and Shareholders

ZR

-

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Fixed Asset Financing

10.34

34.3 %

7.70

-29.5 %

10.92

2.49

315.3 %

Global Debt

94 days

59.3 %

59 days

-3.3 %

61 days

135 days

-30.4 %

Working Capital Fund overall net

157 days

60.2 %

98 days

-24.6 %

130 days

58 days

170.7 %

Financial independence

184.55 %

-87.9 %

1,525.34 %

158.6 %

589.76 %

124.46 %

48.3 %

Solvability

52.99 %

-12.6 %

60.63 %

-7.5 %

65.58 %

28.01 %

89.2 %

Capacity debt futures

119,784.40 %

12129.4 %

979.48 %

5.0 %

932.56 %

878.63 %

13533.1 %

Coverage of current assets by net working capital overall

78.34 %

18.3 %

66.24 %

-9.5 %

73.21 %

35.80 %

118.8 %

General Liquidity

0.62

-56.6 %

1.43

16.3 %

1.23

0.56

10.7 %

Restricted Liquidity

1.35

-17.7 %

1.64

-4.7 %

1.72

0.87

55.2 %

 

Management or rotation

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Need background in operating working capital

95 days

30.1 %

73 days

-25.5 %

98 days

24 days

295.8 %

Treasury

64 days

481.8 %

11 days

-60.7 %

28 days

5 days

1180.0 %

Inventory turnover of goods

134 days

9.8 %

122 days

-12.9 %

140 days

88 days

52.3 %

Average length of credit granted to customers

48 days

-14.3 %

56 days

-11.1 %

63 days

47 days

2.1 %

Average length of credit obtained suppliers

21 days

-41.7 %

36 days

50.0 %

24 days

64 days

-67.2 %

Inventory turnover of raw materials in industrial enterprises

0 days

0%

0 days

0%

0 days

0 days

0%

Inventory turnover of intermediate and finished products in the industrial enterprise

-

-

-

-

-

1,197 days

-

Rotation tangible assets

3,079.23 %

-

-

-

-

1,483.01 %

107.6 %

 

Profitability of the business

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Margin trading

38.33 %

0.1 %

38.28 %

2.2 %

37.45 %

33.03 %

16.0 %

Profitability of the business

13.16 %

-10.6 %

14.72 %

-1.9 %

15.00 %

3.88 %

239.2 %

Net profit

10.72 %

35.4 %

7.92 %

-34.9 %

12.17 %

2.00 %

436.0 %

Growth rate of turnover (excluding VAT)

-1.26 %

-111.9 %

10.60 %

-

-

0.23 %

-647.8 %

Rates integration

22.25 %

-12.5 %

25.43 %

0.3 %

25.35 %

21.52 %

3.4 %

Rate leasing furniture

0.06 %

-50.0 %

0.12 %

-7.7 %

0.13 %

0.00 %

0%

Work Factor

37.44 %

-3.4 %

38.74 %

3.1 %

37.59 %

67.03 %

-44.1 %

Weight interests

1.48 %

37.0 %

1.08 %

-40.3 %

1.81 %

0.36 %

311.1 %

 

Return on capital

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Cash flow from the overall profitability

6.58 %

-4.6 %

6.90 %

136.3 %

2.92 %

2.90 %

126.9 %

Rates of economic profitability

29.00 %

-44.2 %

52.00 %

30.0 %

40.00 %

16.00 %

81.3 %

Financial profitability

11,384,309.00 %

10.4 %

10,308,861.00 %

-8.7 %

11,294,938.00 %

27,537.00 %

41241.9 %

Return on investment

26.73 %

-16.3 %

31.93 %

-14.4 %

37.29 %

12.34 %

116.6 %

 

Management intermediate balances

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Turnover

38,483,248

-1.3 %

38,974,962

10.6 %

35,239,243

359,448

10606.2 %

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Sales of goods

38,477,761

0.6 %

38,260,893

10.7 %

34,550,649

-

- Purchase of goods

24,078,610

5.0 %

22,925,776

0.7 %

22,765,014

-

+/- Stock of goods variation

-351,256

-184.9 %

413,884

129.3 %

-1,413,221

-

Trading margin

14,750,407 €

-1.1 %

14,921,233 €

13.0 %

13,198,856 €

98,684 €

14847.1 %

38.33 % CA

0.1 %

38.28 % CA

2.2 %

37.45 % CA

34.02 % CA

12.7 %

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Sale of goods produced

5,486

-99.2 %

714,068

3.7 %

688,593

-

+/- Stocked production

0

0%

0

0%

0

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

5,486 €

-99.2 %

714,068 €

3.7 %

688,593 €

5,514 €

-0.5 %

0.01 % CA

-99.5 %

1.83 % CA

-6.2 %

1.95 % CA

2.01 % CA

-99.5 %

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Trading margin

14,750,407

-1.1 %

14,921,233

13.0 %

13,198,856

98,684

14847.1 %

+ Period Production

5,486

-99.2 %

714,068

3.7 %

688,593

5,514

-0.5 %

- Purchase of raw materials

294,401

-5.8 %

312,680

11.7 %

279,879

-

+/- Change in stocks of raw materiels

0

0%

0

0%

0

-

- Other external purchases and charges

5,897,761

9.0 %

5,409,746

15.8 %

4,672,785

-

Added value

8,563,731 €

-13.6 %

9,912,875 €

10.9 %

8,934,785 €

81,148 €

10453.2 %

22.25 % CA

-12.5 %

25.43 % CA

0.3 %

25.35 % CA

21.50 % CA

3.5 %

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Added value

8,563,731 €

-13.6 %

9,912,875 €

10.9 %

8,934,785 €

81,148 €

10453.2 %

+ Operating grants

0

0%

0

0%

0

-

- Tax, duty and similar payments

294,297

-12.6 %

336,632

15.6 %

291,294

-

- Personal charges

3,206,629

-16.5 %

3,840,521

14.4 %

3,358,168

-

Gross operating surplus

5,062,805 €

-11.7 %

5,735,722 €

8.5 %

5,285,323 €

12,552 €

40234.6 %

13.16 % CA

-10.6 %

14.72 % CA

-1.9 %

15.00 % CA

3.88 % CA

239.2 %

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Gross operating surplus

5,062,805 €

-11.7 %

5,735,722 €

8.5 %

5,285,323 €

12,552 €

40234.6 %

+ Release of reserves and provisions

1,056,052

41.5 %

746,398

-4.5 %

781,845

-

+ Other operating income

90,188

35.3 %

66,640

-22.5 %

85,971

-

- Depreciation/ Amortisation

617,493

-36.3 %

969,336

3.9 %

932,726

-

- Other charges

18,584

-79.6 %

91,068

99.6 %

45,634

-

Operating result

5,572,968 €

1.5 %

5,488,356 €

6.1 %

5,174,779 €

9,328 €

59644.5 %

14.48 % CA

2.8 %

14.08 % CA

-4.1 %

14.68 % CA

2.87 % CA

404.5 %

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Operating result

5,572,968 €

1.5 %

5,488,356 €

6.1 %

5,174,779 €

9,328 €

59644.5 %

+/- Result of joint-venture transferred from/to other partners

0

0%

0

0%

0

-

+ Financial income

761,753

349.6 %

169,421

31.7 %

128,605

-

- Financial charges

567,880

34.6 %

421,854

-33.7 %

636,701

-

Pre-tax result

5,766,841 €

10.1 %

5,235,923 €

12.2 %

4,666,683 €

8,050 €

71537.8 %

14.99 % CA

11.6 %

13.43 % CA

1.4 %

13.24 % CA

2.40 % CA

524.6 %

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Extraordinary income

1,405,448

551.9 %

215,607

-92.9 %

3,052,146

35

4015465.7 %

- Extraordinary charges

426,653

-9.8 %

473,075

3.4 %

457,443

-

Extraordinary result

978,795 €

480.2 %

-257,468 €

-109.9 %

2,594,703 €

0 €

0%

2.54 % CA

484.8 %

-0.66 % CA

-109.0 %

7.36 % CA

0.00 % CA

0%

 

31/12/2005

Variation

31/12/2004

Variation

31/12/2003

SECTOR MEDIAN 2005

Pre-tax result

5,766,841 €

10.1 %

5,235,923 €

12.2 %

4,666,683 €

8,050 €

71537.8 %

Extraordinary result

978,795 €

480.2 %

-257,468 €

-109.9 %

2,594,703 €

0 €

0%

- Employee profit sharing

388,782

38.1 %

281,424

-38.8 %

459,523

-

- Tax on profits

2,233,240

38.6 %

1,611,039

-35.9 %

2,512,105

-

Net result

4,123,614 €

33.6 %

3,085,992 €

-28.1 %

4,289,758 €

7,230 €

56934.8 %

10.72 % CA

35.4 %

7.92 % CA

-34.9 %

12.17 % CA

2.00 % CA

436.0 %

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.92

UK Pound

1

Rs.101.44

Euro

1

Rs.72.26

 

INFORMATION DETAILS

 

Analysis Done by :

KAS

 

 

Report Prepared by :

TRU

 

               

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.