MIRA INFORM REPORT

 

 

Report No. :

338340

Report Date :

24.08.2015

 

IDENTIFICATION DETAILS

 

Name :

COMILOG INTERNATIONAL

 

 

Registered Office :

Comilog International Tour Maine Montparnasse 33 Av Du Maine Paris 15 75755 Paris Cedex 15

 

 

Country :

France

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

June 1994

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

Subject is engaged in Other associate the sale of fuels, metals, chemicals and minerals.

 

 

No. of Employee :

1 or 2 employees

 

 

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 – 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 summary

 

Name

COMILOG INTERNATIONAL

Acronym

-

Trade name

-

Status

Economically active

Postal Address

COMILOG INTERNATIONAL
TOUR MAINE MONTPARNASSE
33 AV DU MAINE
PARIS 15
75755 PARIS CEDEX 15

Share Capital

6,040,000 Euros

Incorporiation Date

06/1994

Activity (APE)

 
Other associate the sale of fuels , metals, chemicals and minerals  (4612B)

RCS Registration

RCS Paris B 592 017 750

Formation Date

04/1994

EUR VAT Number

FR43592017750

Deregistration Date

-

Last account Date

31/12/2013

Court Registry Number

19 9 8B16222

Telephone

01 53 91 24 00

Registration Court

Paris (75)

Fax

-

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

31/12/2013

8,724,000 €

28.11% Turnover

11,172,000 €

1,647,000 €

1 or 2 employees

31/12/2012

7,265,000 €

1.07% Turnover

9,525,000 €

26,000 €

-

31/12/2011

8,366 €

0.42% Turnover

9,499 €

29 €

-

 

 

Ultimate Holding Company

 

Name

Country

Company Number

COMPAGNIE MINIÈRE DE L' OGOOUÉ Z I DE MOANDA SA

-

Affiliation links.

 

Directors

 

Current Directors

2

 

 

Preferential Right

 

This company is not under monitoring

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Establishment Details

 

Type of Establishment

Single (translated to H)

Production Role

-

APE/NAF Code

4612B

Activity

 
Other associate the sale of fuels , metals, chemicals and minerals

Formation Date

10/1998

Reason for Formation

Other

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

33 AVENUE DU MAINE 
75015 PARIS 15

Department

Paris (75)

Location Surface

-

District

1

City

PARIS 15

Status

Economically active

Business Pages FT®

-

Region

Ile-de-France

Area

99

Size of Urban Area

Paris conglomeration

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

COMILOG INTERNATIONAL

Head Office

4612B

 
Other associate the sale of fuels , metals, chemicals and minerals

PARIS 15

75015

 

 

Workforces

 

Workforce at address

1 or 2 employees

Company workforce

1 or 2 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 pre-tax profit is more than 25,000€

The shareholder's equity is more than 250,000€

The ratio total assets to total liabilities is 4.30

The return on total assets employed is positive

Industry code with low risk rating

The company is 21 years old

The tangible fixed assets are 0 €

The sales to current assets ratio is 0.69

The liquidity acid test is less than 65%

The debtor days are 532.27

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Status of collection

This company is not under monitoring

 

Group Data

 

Ultimate parent company

COMPAGNIE MINIÈRE DE L' OGOOUÉ Z I DE MOANDA SA

Direct parent

COMILOG HOLDING - 100 %

Group – Number of companies

23

Linkages – Number of companies

-

Number of countries

-

 

 

 

NAME

SIREN

PARTS

LAST ACCOUNT PUBLISHED

1

COMPAGNIE MINIÈRE DE L' OGOOUÉ Z I DE MOANDA SA

-

-

-

2

SETRAG SA

-

99.97 %

-

COMILOG ASIA LTD

-

20 %

-

GUANGXI COMILOG FERRO ALLOYS

-

70 %

-

ERAMET MARIETTA, INC

-

100 %

-

ERACHEM COMILOG SA

-

100 %

-

UNIMIN HOLDING GMBH IN LIQUIDATION

310335

100 %

-

2

COMILOG HOLDING

404913105

100 %

31/12/2013

3

COMILOG INTERNATIONAL

592017750

100 %

31/12/2013

COMILOG (LAUSANNE) S.A. EN LIQUIDATION

14282

100 %

-

2

GULF CHEMICAL & METALLURGICAL

-

100 %

-

3

BEAR METALLURGICAL CORPORATION

-

100 %

-

PORT MINÉRALIER D'OWENDO (GABON)

-

97.24 %

-

CHEMETALS INCORPORATED

-

100 %

-

ERACHEM MEXICO SA

-

100 %

-

COMILOG ASIA FERRO ALLOYS LTD

-

100 %

-

2

COMILOG FRANCE

307046060

100 %

31/12/2013

3

COMILOG DUNKERQUE

345308936

99.99 %

31/12/2013

COMILOG FAR EAST DEVELOPMENT LTD

-

100 %

-

COMILOG US

-

100 %

-

ERAMET COMILOG SHANGAI TRADING CO LTD

-

100 %

-

MABOUMINE

-

76.14 %

-

TIZIR

-

50 %

-

TIZIR

-

50 %

-

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. ABEKE MARCEL

Manager position

President

Date of birth

26/04/1953

Place of birth

BRAZZAVILLE(CONGO)

Type

Individual

Name at birth

Name

M. FABRE JEAN

Manager position

Managing director

Date of birth

08/07/1953

Place of birth

POITIERS (86000)

Type

Individual

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

Chairman of the Board

M. ABEKE MARCEL

26/04/1953 - BRAZAVILLE CONGO

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

23/08/2014

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

15359 - 592017750 RCS. COMILOG INTERNATIONAL. Forme : Société par actions simplifiée. Adresse : 33 avenue du Maine Cedex 15Tour Maine Montparnasse 75755 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

26/08/2013

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

8736 - 592017750 RCS. COMILOG INTERNATIONAL. Forme : Société par actions simplifiée. Adresse : 33 avenue du Maine Cedex 15Tour Maine Montparnasse 75755 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

27/08/2012

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

12042 - 592017750 RCS. COMILOG INTERNATIONAL. Forme : Société par actions simplifiée. Adresse : 33 avenue du Maine Cedex 15Tour Maine Montparnasse 75755 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

23/11/2011

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

1971 - 592 017 750 RCS Paris. COMILOG INTERNATIONAL. Forme : Société par actions simplifiée. Administration : nomination du Directeur général : Fabre, Jean. Capital : 6040000 EUR. Activité : . 
Adresse du siège social : 33 avenue du Maine, Tour Maine Montparnasse, 75755 Paris. 
Commentaires : modification survenue sur l'administration.

20/09/2010

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

10488 - 592017750 RCS. COMILOG INTERNATIONAL. Forme : Société par actions simplifiée. Adresse : 33 AV DU MAINE CEDEX 15TOUR MAINE MONTPARNASSE 75755 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

20/09/2009

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

11362 - 592017750 RCS. COMILOG INTERNATIONAL. Forme : Société par actions simplifiée. Adresse : 33 avenue du Maine Cedex 15Tour Maine Montparnasse 75755 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

30/10/2008

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

9521 - 592017750 RCS. COMILOG INTERNATIONAL. Forme : Société par actions simplifiée. Adresse : 33 avenue du Maine Cedex 15Tour Maine Montparnasse, 75755 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

18/12/2007

Bodacc C

Avis de dépôt des comptes

7686 - 592 017 750. RCS Paris COMILOG INTERNATIONAL. Forme: Société par actions simplifiée. Adresse du siège social: 33 avenue du Maine Cedex 15Tour Maine Montparnasse, 75755 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

17/01/2007

Bodacc C

Avis de dépôt des comptes

6757 - RCS Paris B 592 017 750. RC 98-B 16222. COMILOG INTERNATIONAL. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: 33, avenue du Maine tour Maine Montparnasse,Paris, 75755 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

28/01/2006

Bodacc C

Avis de dépôt des comptes

4918 - RCS Paris B 592 017 750. RC 98-B 16222. COMILOG INTERNATIONAL. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: tour Maine Montparnasse 33, avenue du Maine,Paris, 75755 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

07/04/2004

Bodacc B

Modifications et mutations diverses

RCS Paris B 592017750 RC 98-B 16222 COMILOG INTERNATIONAL. Forme : S.A.S. Commentaires : modification survenue sur la forme juridique et l'administration. Administration : modification du président : ABEKE (Marcel). Administrateurs partants : COMILOG HOLDING S.A.R.L. BEAUDOUT (Michel, Jean) ANDRE (Patrick).

10/10/2002

Bodacc B

Modifications et mutations diverses

RCS Paris B 592017750 RC 98-B 16222 COMILOG INTERNATIONAL. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateurs partants : BACARDATS ( Jacques) CEDARD (Alain). Nomination d' administrateurs : BEAUDOUT (Michel, Jean) ANDRE (Patrick).

10/10/2002

Bodacc B

Modifications et mutations diverses

RCS Paris B 592017750 RC 98-B 16222 COMILOG INTERNATIONAL. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : modification du président du conseil d' administration et directeur général : ABEKE (Marcel).

09/01/2002

Bodacc B

Modifications et mutations diverses

RCS Paris B 592017750 RC 98-B 16222 COMILOG INTERNATIONAL. Forme : S.A. Capital : 6 040 000 euros. Commentaires : modification survenue sur le capital ( augmentation).

02/01/2002

Bodacc B

Modifications et mutations diverses

RCS Paris B 592017750 RC 98-B 16222 COMILOG INTERNATIONAL. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : commissaire aux comptes titulaire partant : SCACCHI (Pierre-Henri). Nomination du commissaire aux comptes titulaire : ERNST ET YOUNG AUDIT. Commissaire aux comptes suppléant partant : CABINET ERNST AND YOUNG. Nomination du commissaire aux comptes suppléant : MONTSERRAT (Jean-Marc).

09/01/2000

Bodacc B

Modifications et mutations diverses

RCS Paris B 592017750 RC 98-B 16222 COMILOG INTERNATIONAL. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : MOULARD (Jean- Louis). Nomination d'un administrateur : CEDARD (Alain).

09/01/2000

Bodacc B

Modifications et mutations diverses

RCS Paris B 592017750 RC 98-B 16222 COMILOG INTERNATIONAL. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : COMILOG. Nomination d'un administrateur : COMILOG HOLDING S.A.R.L.

29/11/1998

Bodacc B

Modifications et mutations diverses

RCS Nanterre B 592 017 750 RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A. Adresse du siège social : 195 avenue Charles-de-Gaulle 92200 Neuilly-sur- Seine Date de radiation: 16 novembre 1998.

27/11/1998

Bodacc B

Modifications et mutations diverses

RCS *. RCS Paris B 592 017 750 RC RC 98- B 16222 COMILOG INTERNATIONAL. Forme : S. A. Capital : 39 556 000 F. Activité : la société a pour objet de procéder, en tous pays à toutes opérations financières, industrielles et minières, d'exercer toutes activités de négoce et de service. Adresse du siège social : tour Maine-Montparnasse, 33, avenue du Maine 75755 Paris cedex 15. Administration : président du conseil d' administration : ABEKE (Marcel) Administrateurs : COMILOG, dont le représentant permanent est : BOUR ( François) MOULARD (Jean-Louis) BACARDATS (Jacques). Commissaire aux comptes titulaire : SCACCHI (Pierre, Henri). Commissaire aux comptes suppléant : CABINET ERNST AND YOUNG. Commentaires : cette société transfère son siège du 195, avenue Charles-de- Gaulle, 92200 Neuilly-sur-Seine. Ancien RC : 94-B 3244 Date de début d' activité: 9 décembre 1957. Date d'effet : 1er octobre 1998.

26/07/1998

Bodacc B

Modifications et mutations diverses

RCS Nanterre B 592 017 750 RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : administrateur partant : GROS (Philippe) . Nomination d'un administrateur : BACARDATS (Jacques).

10/07/1997

Bodacc B

Modifications et mutations diverses

RCS Nanterre B 592 017 750 RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A. Commentaires : modification survenue sur l'administration. Administration : commissaire aux comptes titulaire partant : SAMARAN (Jean-Claude). Modification du commissaire aux comptes titulaire : SCACCHI (Pierre, Henri). Nomination du commissaire aux comptes suppléant : CABINET ERNST AND YOUNG.

14/03/1997

Bodacc B

Modifications et mutations diverses

RCS *. RCS Nanterre B 592 017 750 RC RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A. Administration : démission : administrateurs : JANVIER (Sylvain, Albert) GAUTIER (René). Nomination en qualité d'administrateurs : GROS ( Philippe) MOULARD (Jean-Louis). Commentaires : modification survenue sur l'administration.

19/10/1996

Bodacc B

Modifications et mutations diverses

RCS Nanterre B 592 017 750 RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A. Capital : 39 556 000 F. Commentaires : modification survenue sur le capital.

05/11/1995

Bodacc B

Modifications et mutations diverses

RCS Nanterre B 592 017 750 RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A. Administration : président du conseil d' administration : ABEKE (Marcel). Directeur général et administrateur : LEVEAU (Michel, Louis, Marcel). Administrateurs : JANVIER (Sylvain, Albert) GAUTIER (René). Commissaires aux comptes titulaires : CABINET B.D.A. SAMARAN (Jean-Claude). Commissaire aux comptes suppléant : SCACCHI (Pierre, Henri). Commentaires : modification survenue sur l'administration.

25/07/1995

Bodacc B

Modifications et mutations diverses

RCS Nanterre B 592 017 750 RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A. Administration : président du conseil d' administration : RODOZ (Silvio). Directeur général et administrateur : LEVEAU (Michel, Louis, Marcel). Administrateurs : JANVIER (Sylvain, Albert) ABEKE (Marcel) GAUTIER ( René). Commissaires aux comptes titulaires : CABINET B.D.A. SAMARAN ( Jean-Claude). Commissaire aux comptes suppléant : SCACCHI (Pierre, Henri). Commentaires : modification survenue sur l'administration.

30/04/1995

Bodacc B

Modifications et mutations diverses

RCS *. RCS Nanterre B 592 017 750 RC RC 94-B 3244 COMILOG INTERNATIONAL. Forme : S.A Nom commercial: Samaf. Administration : président du conseil d' administration : RODOZ (Silvio) Directeur général et administrateur : LEVEAU (Michel, Louis, Marcel). Administrateurs : MATHIEU (Jean, Noel) JANVIER (Sylvain, Albert) NAOME (Jean, René, Alexandre) ABEKE (Marcel). Commissaire aux comptes titulaire : CABINET B.D.A. Commissaire aux comptes suppléant : DONABIN (Martine). Commentaires : modification survenue sur la dénomination, le sigle (suppression) et l'administration.

 

 

Company events history

 

Date

Description

03/01/2015

New ultimate parent

23/08/2014

Bodacc C : Deposit accounts notice

24/07/2014

Update Limit

24/07/2014

Update Rating

24/07/2014

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/01/2014

Update Limit

31/01/2014

Update Rating

31/01/2014

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2013

New accounts available

19/10/2013

Update Rating

19/10/2013

Update Limit

26/08/2013

Bodacc C : Deposit accounts notice

25/07/2013

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2012

New accounts available

17/10/2012

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

27/08/2012

Bodacc C : Deposit accounts notice

31/12/2011

New accounts available

23/11/2011

Bodacc B: Various editing or changing

08/11/2011

Updated articles of association

08/11/2011

Minutes of general meeting of shareholders

08/11/2011

Changes to the Board of Directors

07/09/2011

Bodacc C : Deposit accounts notice

26/07/2011

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2010

New accounts available

20/09/2010

Bodacc C : Deposit accounts notice

31/12/2009

New accounts available

20/09/2009

Bodacc C : Deposit accounts notice

31/12/2008

New accounts available

30/10/2008

Bodacc C : Deposit accounts notice

31/12/2007

New accounts available

31/12/2006

New accounts available

31/12/2005

New accounts available

31/12/2004

New accounts available

25/03/2004

Private document

25/03/2004

New legal form – new category

25/03/2004

New chairman (CEO, CoB)

25/03/2004

Minutes of general meeting of shareholders

25/03/2004

Audit or Management Report

25/03/2004

Updated articles of association

31/12/2003

New accounts available

27/09/2002

Appointment/resignation of company officers

27/09/2002

Changes to the Board of Directors

27/09/2002

Minutes of Board meeting

27/09/2002

New chairman (CEO, CoB)

27/09/2002

Private document

27/09/2002

Updated articles of association

27/09/2002

Minutes of general meeting of shareholders

27/12/2001

Conversion of equity to euro

27/12/2001

Minutes of Board meeting

27/12/2001

Private document

27/12/2001

Capital increase

27/12/2001

Updated articles of association

18/12/2001

Appointment/resignation of company officers

18/12/2001

Minutes of general meeting of shareholders

18/12/2001

New auditor

18/12/2001

Private document

24/12/1999

Appointment/resignation of company officers

24/12/1999

Changes to the Board of Directors

24/12/1999

Minutes of Board meeting

24/12/1999

Minutes of general meeting of shareholders

24/12/1999

Private document

10/11/1998

Minutes of Board meeting

10/11/1998

Updated articles of association

10/11/1998

Registration after transfer

10/11/1998

Private document

08/07/1998

Private document

08/07/1998

Minutes of general meeting of shareholders

08/07/1998

Changes to the Board of Directors

08/07/1998

Appointment/resignation of company officers

08/07/1998

Updated articles of association

24/06/1997

Minutes of general meeting of shareholders

24/06/1997

New auditor

24/06/1997

Appointment/resignation of company officers

24/06/1997

Private document

27/02/1997

Appointment/resignation of company officers

27/02/1997

Changes to the Board of Directors

27/02/1997

Minutes of Board meeting

27/02/1997

Private document

29/11/1996

Minutes of general meeting of shareholders

29/11/1996

Amendment

29/11/1996

Appointment/resignation of company officers

29/11/1996

Private document

16/11/1996

Private document

16/11/1996

Minutes of Board meeting

16/11/1996

Changes to the Board of Directors

16/11/1996

Amendment

16/11/1996

Appointment/resignation of company officers

05/10/1996

Updated articles of association

05/10/1996

Office copy

05/10/1996

New closing date

05/10/1996

Minutes of general meeting of shareholders

05/10/1996

Minutes of Board meeting

05/10/1996

Appointment/resignation of company officers

05/10/1996

Amendment

05/10/1996

Planned merger

02/04/1996

Audit or Management Report

02/04/1996

Amendment

18/12/1995

Amendment

18/12/1995

Application and court order

12/10/1995

Amendment

12/10/1995

Appointment/resignation of company officers

12/10/1995

Changes to the Board of Directors

12/10/1995

New chairman (CEO, CoB)

12/10/1995

Minutes of Board meeting

27/06/1995

Amendment

27/06/1995

Appointment/resignation of company officers

27/06/1995

Minutes of general meeting of shareholders

27/06/1995

Changes to the Board of Directors

23/03/1995

New company name

23/03/1995

Minutes of general meeting of shareholders

23/03/1995

Minutes of Board meeting

23/03/1995

Amendment

23/03/1995

Updated articles of association

24/06/1994

Minutes of general meeting of shareholders

24/06/1994

Articles of association

 

 

Synthesized Accounts

 

Annual Accounts

 

31/12/2013

31/12/2012

31/12/2011

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

23/07/2014

28/01/2014

15/10/2012

Activity Code

4612B

4612B

4612B

Employees

1

0

1

 

 

Active account

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

1,834,000

0%

1,834,000

99900.0 %

1,834

9,207

19820.7 %

 Intangible assets

1,829,000

0%

1,829,000

99900.0 %

1,829

0

0%

 Tangible assets

0

0%

0

0%

0

1,938

0%

 Financial assets

5,000

0%

5,000

99900.0 %

5

492

917.3 %

Net current assets

12,722,000

22.0 %

10,427,000

89881.0 %

11,588

331,159

3741.7 %

 Stocks

0

0%

0

0%

0

0

0%

 Advanced payments

0

0%

0

0%

0

0

0%

 Receivables

12,722,000

22.0 %

10,426,000

89872.4 %

11,588

120,674

10442.5 %

 Securities and cash

0

0%

1,000

0%

0

50,469

0%

 Prepaid expenses

-

-

-

-

-

0

-

Accounts of regularization

0

0%

0

0%

0

0

0%

Total Assets

14,556,000

18.7 %

12,261,000

91250.0 %

13,422

379,342

3737.2 %

 

 

Passive Account

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Shareholders' equity

11,172,000

17.3 %

9,525,000

100173.7 %

9,499

123,252

8964.4 %

Share capital

6,040,000

0%

6,040,000

99900.0 %

6,040

20,000

30100.0 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

88,000

-1.1 %

89,000

109776.5 %

81

0

0%

Liabilities

3,296,000

24.5 %

2,647,000

68796.4 %

3,842

200,474

1544.1 %

 Financial liabilities

1,000

-93.8 %

16,000

799900.0 %

2

5,178

-80.7 %

 Advanced payments received

0

0%

0

0%

0

0

0%

 Trade account payables

2,466,000

6.0 %

2,326,000

62952.3 %

3,689

30,699

7932.8 %

 Tax and social liabilities

829,000

171.8 %

305,000

201886.8 %

151

60,259

1275.7 %

 Other debts and fixed assets liabilities

0

0%

0

0%

0

1,754

0%

Account regularization

0

0%

0

0%

0

0

0%

Total liabilities

14,556,000

18.7 %

12,261,000

91250.0 %

13,422

379,341

3737.2 %

 

 

Results

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of Goods

8,725,000

20.1 %

7,267,000

86196.2 %

8,421

501,980

1638.1 %

Net turnover

8,724,000

20.1 %

7,265,000

86739.6 %

8,366

476,422

1731.2 %

 of which net export turnover

8,724,000

0%

0

0%

8,366

0

0%

Operating charges

6,272,000

-13.0 %

7,211,000

85704.4 %

8,404

454,228

1280.8 %

Operating profit/loss

2,453,000

4280.4 %

56,000

329311.8 %

17

28,229

8589.8 %

Financial income

24,000

700.0 %

3,000

14900.0 %

20

236

10091.1 %

Financial charges

1,000

-90.0 %

10,000

124900.0 %

8

252

297.6 %

Financial profit/loss

23,000

428.6 %

-7,000

-58433.3 %

12

0

0%

Pretax net operating income

2,476,000

4953.1 %

49,000

168865.5 %

29

33,120

7376.0 %

Extraordinary income

0

0%

0

0%

0

0

0%

Extraordinary charges

0

0%

3,000

0%

0

18

0%

Extraordinary profit/loss

0

0%

-3,000

0%

0

0

0%

Net result

1,647,000

6234.6 %

26,000

89555.2 %

29

24,874

6521.4 %

 

 

Accounts – Active

 

Normal Account

 

31/12/2013

31/12/2012

31/12/2011

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Grand Total (I to VI)

Net

14,556,000

18.7 %

12,261,000

91250.0 %

13,422

Gross

CO

15,120,000

3.2 %

14,645,000

92554.7 %

15,806

Amortisation

1A

564,000

-76.3 %

2,384,000

99900.0 %

2,384

 

 

Non declared distributed capital (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Active fixed asset (II)

Net

1,834,000

0%

1,834,000

99900.0 %

1,834

Gross

BJ

2,398,000

-43.1 %

4,218,000

99900.0 %

4,218

Amortisation

BK

564,000

-76.3 %

2,384,000

99900.0 %

2,384

 

 

Intangible fixed assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

AE

0

0%

0

0%

0

Distributorships, patents

Net

0

0%

0

0%

0

Gross

AF

0

0%

1,820,000

99900.0 %

1,820

Amortisation

AG

0

0%

1,820,000

99900.0 %

1,820

Goodwill

Net

1,829,000

0%

1,829,000

99900.0 %

1,829

Gross

AH

1,829,000

0%

1,829,000

99900.0 %

1,829

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

0

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

1,829,000

0%

1,829,000

99900.0 %

1,829

 

 

Tangilble fixed assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Lands

Net

0

0%

0

0%

0

Gross

AN

0

0%

0

0%

0

Amortisation

AO

0

0%

0

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

0

0%

0

0%

0

Gross

AR

0

0%

0

0%

0

Amortisation

AS

0

0%

0

0%

0

Other tangible fixed assets

Net

0

0%

0

0%

0

Gross

AT

564,000

0%

564,000

99900.0 %

564

Amortisation

AU

564,000

0%

564,000

99900.0 %

564

Fixed assets in construction

Net

0

0%

0

0%

0

Gross

AV

0

0%

0

0%

0

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

0

0%

0

0%

0

Gross

AX

0

0%

0

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

0

0%

0

0%

0

 

 

Financial assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

0

0%

0

0%

0

Gross

CU

0

0%

0

0%

0

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

0

0%

0

0%

0

Gross

BF

0

0%

0

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

5,000

0%

5,000

99900.0 %

5

Gross

BH

5,000

0%

5,000

99900.0 %

5

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

5,000

0%

5,000

99900.0 %

5

 

 

Current Assets (III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Assets

Net

12,722,000

22.0 %

10,427,000

89881.0 %

11,588

Gross

CJ

12,722,000

22.0 %

10,427,000

89881.0 %

11,588

Amortisation

CK

0

0%

0

0%

0

 

 

Stocks

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

0

0%

0

0%

0

Gross

BT

0

0%

0

0%

0

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

0

0%

0

0%

0

 

 

Advance payments to suppliers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Advance payments to suppliers

Net

0

0%

0

0%

0

Gross

BV

0

0%

0

0%

0

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Trade accounts receivable

Net

7,568,000

6.0 %

7,139,000

97108.6 %

7,344

Gross

BX

7,568,000

6.0 %

7,139,000

97108.6 %

7,344

Amortisation

BY

0

0%

0

0%

0

Other debtors

Net

5,153,000

56.8 %

3,286,000

77345.2 %

4,243

Gross

BZ

5,153,000

56.8 %

3,286,000

77345.2 %

4,243

Amortisation

CA

0

0%

0

0%

0

Capital subscribed and called up

Net

0

0%

0

0%

0

Gross

CB

0

0%

0

0%

0

Amortisation

CC

0

0%

0

0%

0

Sub Total debtors

Net

12,721,000

22.0 %

10,425,000

89871.5 %

11,587

 

 

Divers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

0

0%

1,000

0%

0

Gross

CF

0

0%

1,000

0%

0

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

0

0%

1,000

0%

0

 

 

Prepaid expenses

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid expenses

Net

1,000

0%

1,000

99900.0 %

1

Gross

CH

1,000

0%

1,000

99900.0 %

1

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Multi-period charges

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Grand Total (I to V)

EE

14,556,000

18.7 %

12,261,000

91250.0 %

13,422

 

 

Shareholder Equity (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total shareholders' equity (Total I)

DL

11,172,000

17.3 %

9,525,000

100173.7 %

9,499

Equity and shareholders' equity

DA

6,040,000

0%

6,040,000

99900.0 %

6,040

Issue and merger premiums

DB

2,582,000

0%

2,582,000

99900.0 %

2,582

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

160,000

0%

160,000

99900.0 %

160

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

0

0%

0

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

977,000

0%

977,000

99900.0 %

977

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

-234,000

10.0 %

-260,000

-89865.4 %

-289

Profit or loss for the period

DI

1,647,000

6234.6 %

26,000

89555.2 %

29

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total provisions for risks and charges (Total III)

DR

88,000

-1.1 %

89,000

109776.5 %

81

Risk provisions

DP

0

0%

0

0%

0

Reserves for charges

DQ

88,000

-1.1 %

89,000

109776.5 %

81

 

 

Liabilities (IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Liabilities (Total IV)

EC

3,296,000

24.5 %

2,647,000

68796.4 %

3,842

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

1,000

-93.8 %

16,000

799900.0 %

2

Sundry loans and financial liabilities

DV

0

0%

0

0%

0

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

2,466,000

6.0 %

2,326,000

62952.3 %

3,689

Tax and social security liabilities

DY

829,000

171.8 %

305,000

201886.8 %

151

Fixed asset liabilities

DZ

0

0%

0

0%

0

Other debts

EA

0

0%

0

0%

0

 

 

Translation loss (V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Translation loss (Total V)

ED

0

0%

0

0%

0

 

 

Equalization accounts

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Deferred income

EB

0

0%

0

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

0

0%

0

0%

0

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

 

Result account

 

1 - Operating result (I-II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating result (Total I-II)

GG

2,453,000

4280.4 %

56,000

329311.8 %

17

 

 

2 - Financial result (V-VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Financial result (Total V-VI)

GV

23,000

428.6 %

-7,000

-58433.3 %

12

 

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

GW

2,476,000

4953.1 %

49,000

168865.5 %

29

 

 

4 - Extraordinary result (VII-VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Extraordinary result (Total VII-VIII)

HI

0

0%

-3,000

0%

0

 

 

Profit or loss

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Profit or loss

HN

1,647,000

6234.6 %

26,000

89555.2 %

29

 

 

Total Income (I+III+V+VII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

HL

8,749,000

20.3 %

7,270,000

86027.2 %

8,441

 

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

HM

7,104,000

-1.9 %

7,244,000

86015.1 %

8,412

 

 

Operating income (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating income (Total I)

FR

8,725,000

20.1 %

7,267,000

86196.2 %

8,421

 

 

Operating income (details)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Sale of goods for resale

FC

0

0%

0

0%

0

France

FA

0

0%

0

0%

0

Export

FB

0

0%

0

0%

0

Sale of goods produced

FF

0

0%

0

0%

0

France

FD

0

0%

0

0%

0

Export

FE

0

0%

0

0%

0

Sale of services

FI

8,724,000

20.1 %

7,265,000

86739.6 %

8,366

France

FG

0

0%

7,265,000

0%

0

Export

FH

8,724,000

0%

0

0%

8,366

Net turnover

FL

8,724,000

20.1 %

7,265,000

86739.6 %

8,366

France

FJ

0

0%

7,265,000

0%

0

Export

FK

8,724,000

0%

0

0%

8,366

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

1,000

-50.0 %

2,000

0%

0

Other income

FQ

0

0%

0

0%

55

 

 

Operating charges (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating charges (Total II)

GF

6,272,000

-13.0 %

7,211,000

85704.4 %

8,404

 

 

Exploitation charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Purchase of goods for resale

FS

0

0%

0

0%

0

Change in stocks of goods for resale

FT

0

0%

0

0%

0

Purchase of raw materials

FU

0

0%

0

0%

0

Change in stocks of raw materials

FV

0

0%

0

0%

0

Other external purchases and charges

FW

5,946,000

-12.7 %

6,809,000

84768.5 %

8,023

Tax, duty and similar payments

FX

54,000

145.5 %

22,000

61011.1 %

36

Payroll

FY

171,000

-30.2 %

245,000

127504.2 %

192

Social security costs

FZ

101,000

-9.0 %

111,000

138650.0 %

80

 

 

Depreciation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Depreciation of fixed assets

GA

0

0%

0

0%

0

Amortisation of fixed assets

GB

0

0%

0

0%

67

Depreciation/amortisation of current assets

GC

0

0%

0

0%

0

Provisions for risks and charges

GD

0

0%

10,000

0%

0

 

 

Other charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Other charges

GE

0

0%

14,000

233233.3 %

6

 

 

Operating charges (III-IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total financial income (Total V)

GP

24,000

700.0 %

3,000

14900.0 %

20

Share financial income

GJ

0

0%

0

0%

0

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

24,000

700.0 %

3,000

14900.0 %

20

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

0

0%

0

0%

0

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

 

Financial charge (VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total financial charge (Total VI)

GU

1,000

-90.0 %

10,000

124900.0 %

8

Financial reserves and provisions

GQ

1,000

0%

0

0%

0

Interest and similar charges

GR

0

0%

10,000

124900.0 %

8

Exchange losses

GS

0

0%

0

0%

0

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total extraordinary income (Total VII)

HD

0

0%

0

0%

0

Extraordinary operating income

HA

0

0%

0

0%

0

Extraordinary income from capital transactions

HB

0

0%

0

0%

0

Released provisions and transferred charges

HC

0

0%

0

0%

0

 

 

Extraordinary charges (VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total extraordinary charges (Total VIII)

HH

0

0%

3,000

0%

0

Extraordinary operating charges

HE

0

0%

3,000

0%

0

Extraordinary charges from capital transactions

HF

0

0%

0

0%

0

Extraordinary reserves and provisions

HG

0

0%

0

0%

0

 

 

Employee profit sharing (IX)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

 

Tax on profits (X)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Tax on profits (Total X)

HK

831,000

3857.1 %

21,000

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Of which equipment leases

HP

0

0%

0

0%

0

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

0

0%

0

0%

0

Of which trader's own contributions

A2

0

0%

0

0%

0

Of which royalties on licences and patents (income)

A3

0

0%

0

0%

0

Of which royalties on licences and patents (charges)

A4

0

0%

0

0%

0

 

 

OTHER INCOMES TAX RETURN FORMS

 

FIXED ASSETS

 

GRAND TOTAL FIXED ASSETS (I TO IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

OG

0

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

0

0%

0

0%

0

Decreasess by budget item transfer

OK1

0

0%

0

0%

0

Decreasess by transfers

OK2

0

0%

0

0%

0

Gross value at the end of period

OL

0

0%

0

0%

4,218

 

 

Research and development Charge (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

CZ

0

0%

0

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

0

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

0

0%

0

0%

0

 

 

Other budget item from Intangible fixed assets (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

KD

0

0%

0

0%

3,650

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

0

0%

0

0%

0

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

0

0%

0

0%

3,650

 

 

Tangible fixed assets (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LN

0

0%

0

0%

561

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

0

0%

0

0%

0

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

0

0%

0

0%

0

Gross value at the end of period

NH

0

0%

0

0%

561

 

 

Financial assets (Total IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LQ

0

0%

0

0%

5

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

0

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

0

0%

0

0%

5

 

 

Reserve for depreciation

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

ON

0

0%

0

0%

0

Increases

OP

0

0%

0

0%

0

Decreasess

OQ

0

0%

0

0%

0

Reserve for depreciation value at the end of period

OR

0

0%

0

0%

0

 

 

Research and development charge (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

CY

0

0%

0

0%

0

Increases

PB

0

0%

0

0%

0

Decreasess

PC

0

0%

0

0%

0

Decreasess by budget item transfer

PD

0

0%

0

0%

0

 

 

Other intangible assets (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

PE

0

0%

0

0%

1,820

Increases

PF

0

0%

0

0%

0

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

0

0%

0

0%

1,820

 

 

Total fixed assets amotisation (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

QU

0

0%

0

0%

561

Increases

QV

0

0%

0

0%

0

Decreases

QW

0

0%

0

0%

0

Decreasess by budget item transfer

QX

0

0%

0

0%

561

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

7C

0

0%

0

0%

0

Increases

UB

0

0%

0

0%

0

Decreases

UC

0

0%

0

0%

0

Value at the end of period

UD

0

0%

0

0%

0

 

 

Includes Total allocations

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating

UE

0

0%

0

0%

0

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

0

0%

0

0%

0

 

 

Includes Total Withdrawal

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating

UF

0

0%

0

0%

0

Financial

UH

0

0%

0

0%

0

Exceptional

UK

0

0%

0

0%

0

 

 

Total regulated provisions (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

 

 

Total risk and charge provisions (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

5Z

0

0%

0

0%

0

Increases

TV

0

0%

0

0%

0

Decreases

TW

0

0%

0

0%

0

Value at the end of period

TX

0

0%

0

0%

0

 

 

Total Provision for depreciation (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

7B

0

0%

0

0%

0

Increases

TY

0

0%

0

0%

0

Decreases

TZ

0

0%

0

0%

0

Value at the end of period

UA

0

0%

0

0%

0

 

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value

VT

0

0%

0

0%

11,592

1 year at most

VU

0

0%

0

0%

11,587

More than one year

VV

0

0%

0

0%

5

State of loans

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Claims related to holdings (gross)

UL

0

0%

0

0%

0

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

0

0%

0

0%

0

Loans (1 year at most)

UR

0

0%

0

0%

0

Other financial assets (gross)

UT

0

0%

0

0%

5

Other financial assets (1 year at most)

UV

0

0%

0

0%

0

 

 

Receivables statement of assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Customers doubtful or disputed

VA

0

0%

0

0%

0

Other claims customer

UX

0

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

0

0%

0

0%

0

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

0

0%

0

0%

75

Value added tax

VB

0

0%

0

0%

1,032

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%

10,481

Accounts receivable (including claims relating to the operation of pension titles)

VR

0

0%

0

0%

0

 

 

Prepaid

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid

VS

0

0%

0

0%

1

 

 

State Debt

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total debt (gross)

VY

0

0%

0

0%

3,842

1 year at most

VZ2

0

0%

0

0%

3,842

More than 1 year and 5 years at most

VZ3

0

0%

0

0%

0

More than 5 years

VZ4

0

0%

0

0%

0

 

 

Details

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

0

0%

0

0%

2

1 year at most

VG2

0

0%

0

0%

2

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%

0

0%

0

1 year at most

VH2

0

0%

0

0%

0

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

0

0%

0

0%

0

1 year at most

8A2

0

0%

0

0%

0

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

0

0%

0

0%

13

1 year at most

8B2

0

0%

0

0%

13

More than 1 year and 5 years at most

8B3

0

0%

0

0%

13

Personnel and associated accounts (gross)

8C1

0

0%

0

0%

100

1 year at most

8C2

0

0%

0

0%

100

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

0

0%

0

0%

36

1 year at most

8D2

0

0%

0

0%

36

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%

0

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

0

0%

0

0%

16

1 year at most

VW2

0

0%

0

0%

16

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

0

0%

0

0%

0

1 year at most

VQ2

0

0%

0

0%

0

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

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

0

0%

0

0%

3,676

1 year at most

VI2

0

0%

0

0%

3,676

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

0

0%

0

0%

0

1 year at most

8K2

0

0%

0

0%

0

More than 1 year and 5 years at most

8K3

0

0%

0

0%

0

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

0

1 year at most

8L2

0

0%

0

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Loans made during the period

VJ

0

0%

0

0%

0

Debt repaid during the period

VK

0

0%

0

0%

0

 

 

Table allocation results and other information

 

Dividends distributed

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Commitments leasing furniture

YQ

0

0%

0

0%

0

Commitments Real Estate Leasing

YR

0

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

 

 

Other charges Externes

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Average number of employees

YP

1

0%

0

0%

1

 

 

Groups and Shareholders

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Fixed Asset Financing

4.93

73.0 %

2.85

0.4 %

2.84

4.45

10.8 %

Global Debt

136 days

3.8 %

131 days

-20.6 %

165 days

95 days

43.2 %

Working Capital Fund overall net

389 days

0.8 %

386 days

15.9 %

333 days

85 days

357.6 %

Financial independence

1,117,200.00 %

1776.7 %

59,531.25 %

-87.5 %

474,950.00 %

358.17 %

311818.9 %

Solvability

76.75 %

-1.2 %

77.69 %

9.8 %

70.77 %

46.98 %

63.4 %

Capacity debt futures

-

-

-

-

474,950.00 %

3,503.56 %

-

Coverage of current assets by net working capital overall

74.11 %

-0.9 %

74.77 %

11.8 %

66.87 %

51.50 %

43.9 %

General Liquidity

-

-

-

-

3.02

0.92

-

Restricted Liquidity

-

-

-

-

3.02

1.66

-

 

 

Management or rotation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Need background in operating working capital

389 days

0.8 %

386 days

15.9 %

333 days

22 days

1668.2 %

Treasury

0 days

0%

0 days

0%

0 days

16 days

0%

Inventory turnover of goods

-

-

-

-

-

7 days

-

Average length of credit granted to customers

312 days

-11.9 %

354 days

12.0 %

316 days

58 days

437.9 %

Average length of credit obtained suppliers

149 days

21.1 %

123 days

-25.9 %

166 days

53 days

183.8 %

Inventory turnover of raw materials in industrial enterprises

-

-

-

-

-

0 days

-

Inventory turnover of intermediate and finished products in the industrial enterprise

-

-

-

-

-

927 days

-

Rotation tangible assets

-

-

-

-

1,491.27 %

2,782.78 %

-

 

 

Profitability of the business

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Margin trading

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Profitability of the business

28.11 %

2527.1 %

1.07 %

154.8 %

0.42 %

4.99 %

463.3 %

Net profit

18.88 %

5144.4 %

0.36 %

2.9 %

0.35 %

4.55 %

314.9 %

Growth rate of turnover (excluding VAT)

20.08 %

-100.0 %

86,739.59 %

758113.2 %

11.44 %

0.00 %

0%

Rates integration

31.84 %

407.0 %

6.28 %

53.2 %

4.10 %

38.04 %

-16.3 %

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Work Factor

9.79 %

-87.5 %

78.07 %

-1.6 %

79.30 %

63.88 %

-84.7 %

Weight interests

0.01 %

-92.9 %

0.14 %

40.0 %

0.10 %

0.03 %

-66.7 %

 

Return on capital

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Cash flow from the overall profitability

18.89 %

5147.2 %

0.36 %

-68.7 %

1.15 %

5.93 %

218.5 %

Rates of economic profitability

22.00 %

2100.0 %

1.00 %

0%

0.00 %

12.50 %

76.0 %

Financial profitability

11,172,000.00 %

17.3 %

9,525,000.00 %

100173.7 %

9,499.00 %

108,651.50 %

10182.4 %

Return on investment

14.75 %

3781.6 %

0.38 %

-2.6 %

0.39 %

11.69 %

26.2 %

 

Management intermediate balances

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Turnover

8,724,000

20.1 %

7,265,000

86739.6 %

8,366

476,422

1731.2 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of goods

0

0%

0

0%

0

-

- Purchase of goods

0

0%

0

0%

0

-

+/- Stock of goods variation

0

0%

0

0%

0

-

Trading margin

0 €

0%

0 €

0%

0 €

0 €

0%

0.00 % CA

0%

0.00 % CA

0%

0.00 % CA

0.00 % CA

0%

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sale of goods produced

8,724,000

20.1 %

7,265,000

86739.6 %

8,366

-

+/- Stocked production

0

0%

0

0%

0

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

8,724,000 €

20.1 %

7,265,000 €

86739.6 %

8,366 €

142,751 €

6011.3 %

100.00 % CA

0%

100.00 % CA

0%

100.00 % CA

100.00 % CA

0%

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Trading margin

0

0%

0

0%

0

0

0%

+ Period Production

8,724,000

20.1 %

7,265,000

86739.6 %

8,366

142,751

6011.3 %

- Purchase of raw materials

0

0%

0

0%

0

-

+/- Change in stocks of raw materiels

0

0%

0

0%

0

-

- Other external purchases and charges

5,946,000

-12.7 %

6,809,000

84768.5 %

8,023

-

Added value

2,778,000 €

509.2 %

456,000 €

132844.6 %

343 €

139,847 €

1886.5 %

31.84 % CA

407.0 %

6.28 % CA

53.2 %

4.10 % CA

38.04 % CA

-16.3 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Added value

2,778,000 €

509.2 %

456,000 €

132844.6 %

343 €

139,847 €

1886.5 %

+ Operating grants

0

0%

0

0%

0

-

- Tax, duty and similar payments

54,000

145.5 %

22,000

61011.1 %

36

-

- Personal charges

272,000

-23.6 %

356,000

130782.4 %

272

-

Gross operating surplus

2,452,000 €

3043.6 %

78,000 €

222757.1 %

35 €

30,420 €

7960.5 %

28.11 % CA

2527.1 %

1.07 % CA

154.8 %

0.42 % CA

4.99 % CA

463.3 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Gross operating surplus

2,452,000 €

3043.6 %

78,000 €

222757.1 %

35 €

30,420 €

7960.5 %

+ Release of reserves and provisions

1,000

-50.0 %

2,000

0%

0

-

+ Other operating income

0

0%

0

0%

55

-

- Depreciation/ Amortisation

0

0%

10,000

14825.4 %

67

-

- Other charges

0

0%

14,000

233233.3 %

6

-

Operating result

2,453,000 €

4280.4 %

56,000 €

329311.8 %

17 €

25,659 €

9460.0 %

28.12 % CA

3551.9 %

0.77 % CA

285.0 %

0.20 % CA

5.08 % CA

453.5 %

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Operating result

2,453,000 €

4280.4 %

56,000 €

329311.8 %

17 €

25,659 €

9460.0 %

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

0

0%

0

0%

0

-

+ Financial income

24,000

700.0 %

3,000

14900.0 %

20

-

- Financial charges

1,000

-90.0 %

10,000

124900.0 %

8

-

Pre-tax result

2,476,000 €

4953.1 %

49,000 €

168865.5 %

29 €

32,280 €

7570.4 %

28.38 % CA

4135.8 %

0.67 % CA

91.4 %

0.35 % CA

5.35 % CA

430.5 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Extraordinary income

0

0%

0

0%

0

0

0%

- Extraordinary charges

0

0%

3,000

0%

0

-

Extraordinary result

0 €

0%

-3,000 €

0%

0 €

0 €

0%

0.00 % CA

0%

-0.04 % CA

0%

0.00 % CA

0.00 % CA

0%

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Pre-tax result

2,476,000 €

4953.1 %

49,000 €

168865.5 %

29 €

32,280 €

7570.4 %

Extraordinary result

0 €

0%

-3,000 €

0%

0 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

831,000

3857.1 %

21,000

0%

0

-

Net result

1,645,000 €

6480.0 %

25,000 €

86106.9 %

29 €

24,084 €

6730.3 %

18.86 % CA

5447.1 %

0.34 % CA

-2.9 %

0.35 % CA

4.55 % CA

314.5 %

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.51

UK Pound

1

Rs.104.01

Euro

1

Rs.76.27

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

ASH

 

 

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.