MIRA INFORM REPORT

 

 

Report No. :

353231

Report Date :

16.12.2015

 

IDENTIFICATION DETAILS

 

Name :

SOFRAGRAF

 

 

Registered Office :

29 Rue De La Gare, 88120 Saint Ame

 

 

Country :

France

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

January 2000

 

 

Com. Reg. No.:

428 898 159

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

Other fabricated metal products

 

 

No. of Employee :

50 to 99

           

 

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 name

 

SOFRAGRAF

 

 

Enquiries Trend

 

SIRET

428 898 159 00028

Name

SOFRAGRAF

Acronym

-

Trade name

MOSCA FRANCE

Status

Economically active

Postal Address

SOFRAGRAF
29 RUE DE LA GARE
88120 SAINT AME

Share Capital

4,421,000 Euros

Telephone

03 29 26 26 00

Activity (APE)

Other fabricated metal products (2599B)

RCS Registration

RCS Epinal B 428 898 159

Formation Date

01/2000

EUR VAT Number

FR62428898159

Deregistration Date

-

Last account Date

31/12/2013

Court Registry Number

20 0 0B00008

Incorporiation Date

01/2000

Registration Court

Epinal (88)

Fax

03 29 61 35 36

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

14,936,511 €

-0.56% Turnover

3,142,097 €

31,811 €

71 employees

31/12/2012

16,744,238 €

1.43% Turnover

4,120,698 €

145,001 €

77 employees

31/12/2011

28,785,635 €

3.78% Turnover

3,967,928 €

436,371 €

125 employees

 

 

Directors

 

Current Directors

3

 

 

Judgment and Preferential

 

Judgment

No judgement

Preferential Right

No social security and tax office preferential right to date

 

 

Establishment Details

 

Type of Establishment

Head Office

Production Role

-

APE/NAF Code

2599B

Activity

Fabrication d'autres articles métalliques

Formation Date

09/2000

Reason for Formation

Other

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

29 RUE DE LA GARE 
88120 SAINT AME

Department

Vosges (88)

Location Surface

-

District

1

City

SAINT AME

Status

Economically active

Business Pages FT®

MACHINES, MATERIEL ET FOURNITURES POUR EMBALLAGES, CONDITIONNEMENTS

Region

Lorraine

Area

23

Size of Urban Area

-

 

 

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

2 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

SOFRAGRAF

Head Office

2599B

Fabrication d'autres articles métalliques

SAINT AME

88120

SOFRAGRAF

Branch

2599B

Fabrication d'autres articles métalliques

GORCY

54730

SOFRAGRAF

Branch

2599B

Fabrication d'autres articles métalliques

HOUSSAYE EN BRIE LA

77610

 

 

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 increase in the gearing percentage over the last two accounting periods is 38 %

The decrease of tangible fixed assets over the last two accounting periods is 16 %

The stock to turnover ratio is 29.62

The pre-tax profit is 30,478 €

High risk workforce size

The return on total assets employed is 0.35

The ratio total assets to total liabilities is 1.57

The sales to current assets ratio is 2.10

The shareholder's equity is 3,142,097 €

The net turnover is 14,936,511 €

The net current assets are 7,106,336 €

The liabilities are 4,762,219 €

The total assets are 8,757,498 €

Department code with medium risk rating

Industry code with low risk rating

The company has 3 directors

The risk provisions are 833,132 €

The creditor days are 46.18

 

 

Industry comparison

 

Activity (APE)

Other fabricated metal products(2599B)

Industry average credit rating

47

Industry average credit limit

26,243

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

 

Company monitored since

12/10/2007

Status of Monitoring

No social security and tax office preferential right to date

 

 

Group Data

 

No group information available for the company

 

 

Shareholders

 

No Shareholders available for this company

 

 

Linkages

 

No Linkages information available for the company.

 

 

Shareholder(s)

 

Name

VAN AERDEN HEXAGONE

Name of representative

Manager position

President

Date of birth

-

Place of birth

Type

Moral person

Name at birth

 

 

Statutory Auditor

 

Name

CS AUDIT

Name of representative

Manager position

Statutory auditor

Date of birth

-

Place of birth

Type

Moral person

Name at birth

Name

SOGEXCO

Name of representative

Manager position

Deputy auditor

Date of birth

-

Place of birth

Type

Moral person

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

President

M. VAN AERDEN JEAN-PAUL

03/08/1950 - ANVERS(BELGIQUE)

Chief Executive Officer

M. VAN AERDEN JEAN-PAUL

04/08/1950 - ANVERS BELGIQUE

Managing director

M. VAN AERDEN BENOIT WILLY GEORGES

16/01/1952 - ANVERS(BELGIQUE)

Managing director

M. VAN AERDEN BENOIT

16/01/1952 - ANVERS BELGIQUE

Managing director

M. VAN AERDEN BENOIT WILLY GEORGES

16/01/1952 - ANVERS(BELGIQUE)

 

 

STATUS HISTORY

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

11/08/2015

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'EPINAL

17950 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.

07/08/2015

Bodacc B

Modification et mutation diverse

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

1281 - 428 898 159 RCS Epinal. SOFRAGRAF. Forme : Société par actions simplifiée. Administration : Président : VAN AERDEN HEXAGONE (SA) Commissaire aux comptes titulaire : CS AUDIT (SAS) Commissaire aux comptes suppléant : SOGEXCO (SARL). Activité : . 
Commentaires : Modification survenue sur l'administration.

31/07/2015

JAL

Resignation / Revocation of the social representative

Paysan Vosgien (Le)


Date de décision : 26/06/2015
La société 428898159 - SOFRAGRAF, MOSCA FRANCE, 29 RUE DE LA GARE, 88120 SAINT AME 
Fait l'objet du départ de Monsieur Jean-Paul VAN AERDEN, 
De Monsieur Benoît VAN AERDEN

31/07/2015

JAL

Appointment of the social representative

Paysan Vosgien (Le)


Date de décision : 26/06/2015
Société faisant l'objet d'une nomination : 428898159 - SOFRAGRAF, MOSCA FRANCE, 29 RUE DE LA GARE, 88120 SAINT AME 
Nominé : 429967706 - VAN AERDEN HEXAGONE, 29 RUE DE LA GARE, 88120 SAINT AME 
En la fonction de : Président
Nominé : Monsieur Xavier MARGAIN, 69140 RILLIEUX LA PAPE
En la fonction de : Directeur général

15/10/2014

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'EPINAL

10288 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

17/06/2014

Bodacc B

Modification et mutation diverse

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

2362 - 428 898 159 RCS Epinal. SOFRAGRAF. Forme : Société par actions simplifiée. Capital : 4421000 EUR. Activité : . 
Commentaires : Modification survenue sur le capital.

26/07/2013

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

13724 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

31/10/2012

Bodacc B

Modification et mutation diverse

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

2862 - 428 898 159 RCS Epinal. SOFRAGRAF. Forme : Société par actions simplifiée. Administration : Président : VAN AERDEN Jean-Paul Directeur général : VAN AERDEN Benoit, Willy, Georges Commissaire aux comptes titulaire : CS AUDIT (SAS) Commissaire aux comptes suppléant : SOGEXCO (SARL). Activité : . 
Commentaires : Modification survenue sur l'administration.

18/06/2012

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

15063 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

29/05/2012

Bodacc A

Vente et cession : Acheteur

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

1510 - 428 898 159 RCS Epinal. SOFRAGRAF. Forme : Société par actions simplifiée. Capital : 5300000 EUR. Adresse : 29 rue de la Gare, 88120 Saint-Amé. 
Date de commencement de l’activité : 01/01/0001. Oppositions : Art.L.236-21 du code de commerce. Descriptif : Avis de projet de scission Aux termes d'un acte sous seing priv¿ en date du 27 avril 2012, la soci¿t¿ SOFRAGRAF, soci¿t¿ par actions simplifi¿e au capital de 5.300.000 euros dont le si¿ge social est ¿ SAINT-AME - VOSGES 88120 - 29 rue de la Gare, inscrite au Registre du Commerce et des Soci¿t¿s d'Epinal sous le num¿ro 428 898 159, et la soci¿t¿ GETRA, soci¿t¿ par actions simplifi¿es au capital de 1.000 euros dont le si¿ge social est ¿ SAINT-AME - VOSGES 88120 - 29 rue de la gare, inscrite au Registre du Commerce et des Soci¿t¿s d'Epinal sous le num¿ro 539 064 170, ont ¿tabli un projet d'apport partiel d'actif aux termes duquel la Soci¿t¿ SOFRAGRAF ferait apport ¿ la Socit¿ GETRA d'une partie de son actif ¿valu¿ ¿ 4.519.875 euros et d'une partie de son passif ¿valu¿ ¿ 3.603.929 euros conduisant ¿ un apport net de 879.000 euros. En r¿mun¿ration de cet apport, la soci¿t¿ GETRA augmentera son capital de 879.000 euros par la cr¿ation de 879.000 euros actions d'une valeur nominale de 1 euro, enti¿rement lib¿r¿es attribu¿es ¿ la soci¿t¿ SOFRAGRAF. Toutes les op¿rations, actives et passives, concernant les ¿l¿ments du patrimoine de la soci¿t¿ SOFRAGRAF apport¿es ¿ la soci¿t¿ GETRA effectu¿es par la soci¿t¿ SOFRAGRAF depuis la date du 1er janvier 2012 jusqu'au jour lde la r¿alisation d¿finitive de l'apport, seront prises en charges par la soci¿t¿ GETRA. Le passif apport ¿ la soci¿t¿ GETRA ne serait pas garanti solidairement pas la soci¿t¿ SOFRAGRAF. Les cr¿anciers de la soci¿t¿ SOFRAGRAF concern¿s par l'op¿ration, et dont la cr¿ance est ant¿rieure au pr¿sent avis, pourrot form¿s opposition ¿ l'apport dans les conditions et d¿lais r¿glementaires. Le projet d'apport partiel d'actif a ¿t¿ ¿tabli sous la condition suspensive de son approbation par les assembl¿es g¿n¿rales extraordinaires de chacune des deux soci¿t¿s. Cette condition devant ¿tre r¿alis¿e avant le 30 juin 2012. Conform¿ment aux dispositions de l'article 236-6 du Code de Commerce, deux exemplaires du projet d'apport partiel d'actif ont ¿t¿ d¿pos¿s au Greffe du Tribunal de Commerce d'Epinal le 15 mai 2012 pour chacune des deux soci¿t¿s concern¿es. Commentaires : Autre achat, apport, attribution.

14/10/2011

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

10091 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

12/07/2010

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'ÉPINAL

10957 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

20/08/2009

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'EPINAL

11617 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

25/11/2008

Bodacc C

Comptes annuels et rapports

88 - VOSGES

GREFFE DU TRIBUNAL DE COMMERCE D'EPINAL

9309 - 428898159 RCS. SOFRAGRAF. Forme : Société par actions simplifiée. Adresse : 29 rue de la Gare 88120 Saint-Amé. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

23/11/2007

Bodacc C

Avis de dépôt des comptes

9320 - 428 898 159. RCS Epinal SOFRAGRAF. Forme: Société par actions simplifiée. Adresse du siège social: 29 rue de la Gare 88120 Saint-Amé. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

10/10/2006

Bodacc C

Avis de dépôt des comptes

5667 - RCS Epinal B 428 898 159. RC 00-B 8. SOFRAGRAF. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: 29, rue de la Gare,88120 Saint-Ame. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

24/11/2005

Bodacc C

Avis de dépôt des comptes

3078 - RCS Epinal B 428 898 159. RC 00-B 8. SOFRAGRAF. Forme: S.A.S. Adresse du siège social: 29, rue de la Gare,88120 Saint-Amé. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

14/10/2004

Bodacc B

Modifications et mutations diverses

RCS Epinal B 428898159 RC 00-B 008 SOFRAGRAF. Forme : S.A.S. Capital : 5 300 000 euros. Adresse du siège social : 29 rue de la Gare, 88120 Saint-Amé. Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 25 juin 2004.

12/09/2004

Bodacc B

Modifications et mutations diverses

RCS Briey B 341969210 RC 87-B 97 FINANCIERE ET IMMOBILIERE BRANDAO. Sigle : FIB. Forme : S.A.R.L. Capital : 100 000 euros. Adresse du siège social : rue des Usines, 54730 Gorcy. Commentaires : cessation complète d'activité. Vente du fonds à la STE SOFRAGRAF. La société n' exploite plus aucun établissement. Date d'effet : 1 e r juin 2004.

25/07/2004

Bodacc A

Création d'établissement

RCS Epinal B 428898159 SOFRAGRAF. Forme : S.A.S. Capital : 3 565 000 euros. Adresse du siège social : 29 rue de la Gare, Saint-Amé 88120 Vagney ETABLISSEMENT SECONDAIRE. Activité : fabrication de tous produits industriels, bruts, semi- finis ou finis, plus particulièrement de projectiles destinés aux appareils de fixation, en vue de leur revente. Adresse : rue des Usines, 54730 Gorcy Etablissement secondaire acquis par achat au prix stipulé de 79 000 euros. Date d'effet : 1 e r juin 2004. Précédent propriétaire : EURO ENCOLLAGE BRANDAO S.A. R.L. RCS Briey B 341969210 Publication légale: Les Tablettes lorraines des sociétés du 11 juin 2004. Oppositions : au fonds.

30/01/2002

Bodacc B

Modifications et mutations diverses

RCS Epinal B 428898159 RC 00-B 008 SOFRAGRAF. Forme : S.A.S. Capital : 3 565 000 euros. Adresse du siège social : 29 rue de la Gare, 88120 Saint-Aimé. Commentaires : conversion du capital en euros. Date d'effet : 24 novembre 2001.

03/10/2001

Bodacc B

Modifications et mutations diverses

RCS Epinal B 428898159 RC 00-B 008 SOFRAGRAF. Forme : S.A.S. Capital : 1 565 000 euros. Adresse du siège social : 29 rue de la Gare, 88120 Saint-Amé. Administration : nouveau directeur général : VAN AERDEN (Benoit). Date d'effet : 30 juin 2001.

01/07/2001

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Epinal B 428898159 RC 00-B 008 SOFRAGRAF. Forme : S.A.S. Capital : 1 565 000 euros. Adresse : 29 rue de la Gare, 88120 Saint-Amé Nouvelle situation du siège social. Activité : fabrication, négoce, location, maintenance de tous articles, de matériel et de produits relevant de l'agrafage, du clouage, de la fixation et de l'emballage. Date d'effet : 2 avril 2001.

12/12/2000

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Epinal B 428898159 RC 00-B 008 SOFRAGRAF. Forme : S.A.S. Capital : 1 665 000 euros. Adresse : 1 route de Gérardmer, 88120 Saint-Amé Nouvelle situation du siège social. Adresse : 29 rue de la Gare, 88120 Saint-Amé. Administration : président partant : SA VAN AERDEN. Nouveau président : VAN AERDEN (Jean- Paul). Date d'effet : 30 septembre 2000.

01/09/2000

Bodacc B

Modifications et mutations diverses

RCS Epinal B 428898159 RC 00-B 8 SOFRAGRAF. Forme : S.A.S. Capital : 40 000 $EU (fixe). Adresse du siège social : 1, route de Gérardmer, 88120 Le Syndicat Etablissement principal: Activité : commercialisation de machines d' emballages. Adresse : 1, route de Gérardmer, 88120 Le Syndicat Mise en activité de la société suite à achat du fonds principal exploité précédemment au 18, rue Paul-Henri-Spaak, 77462 Saint-Thibault-des-Vignes Date de début d'activité: 1 e r juin 2000 Date du premier avis publié au BODACC: 30 juillet 2000.

28/07/2000

Bodacc A

Création d'établissement

RCS Epinal B 428898159 SOFRAGRAF. Forme : S.A.S. Capital : 40 000 euros. Adresse du siège social : 1 route de Gérardmer, 88120 Le Syndicat. Administration : P.-D. G. : VAN AERDEN FRANCE, représentée par VAN AERDEN (Jean-Paul) ETABLISSEMENT SECONDAIRE. Activité : commercialisation de machines d'emballage. Adresse : parc de l'Esplanade, 18 rue Henri-Spaak, Saint-Thibault-des-Vignes 77400 Lagny- sur-Marne Etablissement secondaire acquis par achat au prix stipulé de 90 000 euros. Date d'effet : 1er juin 2000. Précédent propriétaire : MASCHINEN FABRIK GERD MOSCA FRANCE GmbH. RCS Meaux B 395274285 Publication légale: Le Pays briard du 20 juin 2000. Oppositions : Fidal, société d'avocats, 2 rue Georges- Lugol, 77100 Meaux.

18/02/2000

Bodacc A

Création d'établissement

RCS Epinal B 428898159 A dater du: 19 janvier 2000 RC 00-B 008 SOFRAGRAF. Forme : S.A.S. Capital : 40 000 euros. Adresse du siège social : 1 route de Gérardmer, 88120 Le Syndicat. Administration : président : S.A. VAN AERDEN FRANCE, représentée par VAN AERDEN (Jean-Paul). Commissaire aux comptes titulaire : STE D'EXPERTISE COMPTABLE FIDUCIAIRE DE GRANCE-FIDEX. Commissaire aux comptes suppléant : POLETTI (Jean-Pierre) Cette société se constitue , mais n'exploite provisoirement aucun établissement.

 

 

Company events history

 

Date

Description

11/08/2015

Bodacc C : Deposit accounts notice

07/08/2015

Bodacc B: Various editing or changing

31/07/2015

Legal Gazette: Resignation / Revocation of the social representative

28/07/2015

Changes to the Board of Directors

28/07/2015

New chairman (CEO, CoB)

28/07/2015

Updated articles of association

28/07/2015

Amendment

26/06/2015

Legal Gazette: Appointment of the social representative

14/02/2015

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

03/11/2014

Invalid balance sheet

15/10/2014

Bodacc C : Deposit accounts notice

17/06/2014

Bodacc B: Various editing or changing

04/06/2014

Minutes of general meeting of shareholders

04/06/2014

Capital reduction

04/06/2014

Updated articles of association

22/03/2014

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

31/12/2013

New accounts available

30/07/2013

Amendment

26/07/2013

Bodacc C : Deposit accounts notice

21/06/2013

Update of Company Workforce

21/06/2013

Other modification of Establishment

31/12/2012

New accounts available

31/10/2012

Bodacc B: Various editing or changing

16/10/2012

New auditor

16/10/2012

Amendment

10/08/2012

Amendment

03/08/2012

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

18/06/2012

Bodacc C : Deposit accounts notice

29/05/2012

Bodacc A : Sale and transfer

15/05/2012

Amendment

31/12/2011

New accounts available

31/12/2011

Update of Company Activity

31/12/2011

Modification of Company Activity

14/10/2011

Bodacc C : Deposit accounts notice

27/09/2011

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

31/12/2010

New accounts available

12/07/2010

Bodacc C : Deposit accounts notice

31/12/2009

Modification of Company Activity

31/12/2009

New accounts available

31/12/2009

Update of Company Activity

20/08/2009

Bodacc C : Deposit accounts notice

31/12/2008

New accounts available

25/11/2008

Bodacc C : Deposit accounts notice

31/12/2007

New accounts available

12/10/2007

Collection of preferential rights activated for this company

31/12/2006

New accounts available

31/12/2005

New accounts available

12/08/2005

Minutes of general meeting of shareholders

12/08/2005

Private document

12/08/2005

Reconstitution of net assets

12/08/2005

Reconstitution of net assets

12/08/2005

Amendment

31/12/2004

New accounts available

19/08/2004

Updated articles of association

19/08/2004

Private document

19/08/2004

Minutes of general meeting of shareholders

19/08/2004

Audit or Management Report

19/08/2004

Amendment

19/08/2004

Updated articles of association

19/08/2004

Capital increase

31/12/2003

New accounts available

05/08/2003

Continuation of business despite loss of equity

05/08/2003

Updated articles of association

05/08/2003

Private document

05/08/2003

Minutes of general meeting of shareholders

05/08/2003

Amendment

03/01/2002

Private document

03/01/2002

Capital increase

03/01/2002

Minutes of general meeting of shareholders

03/01/2002

Updated articles of association

05/09/2001

Minutes of general meeting of shareholders

05/09/2001

Private document

05/09/2001

Updated articles of association

05/09/2001

Appointment/resignation of company officers

16/11/2000

Amendment

16/11/2000

Appointment/resignation of company officers

16/11/2000

Minutes of general meeting of shareholders

16/11/2000

Private document

16/11/2000

Registered office transferred inside jurisdiction of the Commercial Court

16/11/2000

Updated articles of association

16/11/2000

Capital increase

22/09/2000

Audit or Management Report

22/09/2000

Private document

15/09/2000

Private document

15/09/2000

Amendment

10/01/2000

Fund deposit certificate

10/01/2000

Articles of association

10/01/2000

Private document

10/01/2000

Company formation

 

 

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

13/02/2015

21/03/2014

30/05/2012

Activity Code

2599B

2599B

2599B

Employees

71

77

125

 

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

1,651,162

-28.7 %

2,314,387

102.7 %

1,141,615

73,358

2150.8 %

 Intangible assets

708,163

79.8 %

393,767

20.6 %

326,519

2,227

31706.1 %

 Tangible assets

538,244

-15.8 %

639,433

-21.4 %

813,906

45,080

1094.0 %

 Financial assets

404,756

-68.4 %

1,281,187

107562.8 %

1,190

2,443

16468.0 %

Net current assets

7,106,336

-4.3 %

7,429,122

-33.4 %

11,148,693

344,019

1965.7 %

 Stocks

4,423,754

19.0 %

3,716,720

-41.1 %

6,313,605

53,097

8231.5 %

 Advanced payments

0

0%

0

0%

12,313

0

0%

 Receivables

2,626,900

-28.3 %

3,664,473

-21.8 %

4,688,440

164,488

1497.0 %

 Securities and cash

55,682

16.2 %

47,929

-64.3 %

134,335

53,339

4.4 %

 Prepaid expenses

-

-

-

-

-

728

-

Accounts of regularization

0

0%

6,827

-77.4 %

30,168

0

0%

Total Assets

8,757,498

-10.2 %

9,750,335

-20.9 %

12,320,474

439,910

1890.7 %

 

Passive Account

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Shareholders' equity

3,142,097

-23.7 %

4,120,698

3.9 %

3,967,928

168,877

1760.6 %

Share capital

4,421,000

-16.6 %

5,300,000

0%

5,300,000

31,014

14155.1 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

833,132

-0.1 %

834,009

-46.4 %

1,555,737

0

0%

Liabilities

4,762,219

-0.6 %

4,789,472

-29.5 %

6,796,306

238,354

1898.0 %

 Financial liabilities

1,855,586

8.1 %

1,715,910

16.0 %

1,479,762

43,147

4200.7 %

 Advanced payments received

0

0%

0

0%

144,751

0

0%

 Trade account payables

1,889,929

-0.7 %

1,902,953

-41.4 %

3,244,675

73,445

2473.3 %

 Tax and social liabilities

836,485

-23.3 %

1,090,498

-41.0 %

1,847,913

90,066

828.7 %

 Other debts and fixed assets liabilities

200,269

132.2 %

86,267

39.8 %

61,690

6,973

2772.3 %

Account regularization

0

0%

0

0%

18,017

0

0%

Total liabilities

8,757,498

-10.2 %

9,750,335

-20.9 %

12,320,474

439,909

1890.8 %

 

Results

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of Goods

15,295,890

-9.0 %

16,816,154

-42.6 %

29,289,238

708,085

2060.2 %

Net turnover

14,936,511

-10.8 %

16,744,238

-41.8 %

28,785,635

696,021

2046.0 %

 of which net export turnover

6,462,547

-3.0 %

6,660,484

-13.4 %

7,695,377

0

0%

Operating charges

15,454,819

-7.9 %

16,788,416

-41.0 %

28,445,448

688,668

2144.2 %

Operating profit/loss

-158,929

-673.0 %

27,738

-96.7 %

843,790

19,405

-919.0 %

Financial income

85,115

-60.7 %

216,819

8.0 %

200,668

101

84591.5 %

Financial charges

89,478

-47.1 %

169,085

-27.9 %

234,668

1,621

5419.9 %

Financial profit/loss

-4,363

-109.1 %

47,734

240.4 %

-34,000

-541

-706.5 %

Pretax net operating income

-163,292

-316.4 %

75,472

-90.7 %

809,790

17,596

-1028.0 %

Extraordinary income

323,679

19.8 %

270,119

332.8 %

62,410

936

34481.1 %

Extraordinary charges

129,908

-35.2 %

200,590

-41.1 %

340,574

670

19289.3 %

Extraordinary profit/loss

193,771

178.7 %

69,529

125.0 %

-278,164

0

0%

Net result

31,811

-78.1 %

145,001

-66.8 %

436,371

18,604

71.0 %

 

 

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

8,757,498

-10.2 %

9,750,335

-20.9 %

12,320,474

Gross

CO

13,578,638

-6.6 %

14,541,081

-17.6 %

17,643,193

Amortisation

1A

4,821,140

0.6 %

4,790,746

-10.0 %

5,322,719

 

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

1,651,162

-28.7 %

2,314,387

102.7 %

1,141,615

Gross

BJ

5,713,168

-6.5 %

6,108,834

24.2 %

4,918,603

Amortisation

BK

4,062,006

7.1 %

3,794,447

0.5 %

3,776,988

 

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

CQ

0

0%

0

0%

0

Distributorships, patents

Net

708,163

79.8 %

393,767

20.6 %

326,519

Gross

AF

1,264,855

53.3 %

825,117

16.2 %

710,199

Amortisation

AG

556,692

29.1 %

431,350

12.4 %

383,680

Goodwill

Net

0

0%

0

0%

0

Gross

AH

4,000

0%

4,000

-94.9 %

79,000

Amortisation

AI

4,000

0%

4,000

-94.9 %

79,000

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

708,163

79.8 %

393,767

20.6 %

326,519

 

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

73,588

-35.0 %

113,188

-23.4 %

147,800

Gross

AP

746,834

0%

746,834

0.4 %

744,004

Amortisation

AQ

673,246

6.2 %

633,646

6.3 %

596,204

Plant

Net

318,837

-13.0 %

366,668

-18.2 %

448,019

Gross

AR

2,373,532

1.6 %

2,336,547

0.3 %

2,329,966

Amortisation

AS

2,054,696

4.3 %

1,969,879

4.7 %

1,881,947

Other tangible fixed assets

Net

132,379

1.0 %

131,004

-39.6 %

216,934

Gross

AT

905,752

2.2 %

886,576

-15.8 %

1,053,091

Amortisation

AU

773,373

2.4 %

755,572

-9.6 %

836,157

Fixed assets in construction

Net

0

0%

23,225

1914.3 %

1,153

Gross

AV

0

0%

23,225

1914.3 %

1,153

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

13,440

151.3 %

5,348

0%

0

Gross

AX

13,440

151.3 %

5,348

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

538,244

-15.8 %

639,433

-21.4 %

813,906

 

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

100,000

-89.8 %

980,000

97900.0 %

1,000

Gross

CU

100,000

-89.8 %

980,000

97900.0 %

1,000

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

304,566

1.2 %

300,997

0%

0

Gross

BF

304,566

1.2 %

300,997

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

190

0%

190

0%

190

Gross

BH

190

0%

190

0%

190

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

404,756

-68.4 %

1,281,187

107562.8 %

1,190

 

Current Assets (III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Current Assets

Net

7,106,336

-4.3 %

7,429,122

-33.4 %

11,148,693

Gross

CJ

7,865,470

-6.6 %

8,425,421

-33.6 %

12,694,423

Amortisation

CK

759,133

-23.8 %

996,299

-35.5 %

1,545,730

 

Stocks

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Raw materials

Net

1,293,467

29.3 %

1,000,474

-5.1 %

1,054,081

Gross

BL

1,437,380

30.0 %

1,105,292

-9.9 %

1,227,230

Amortisation

BM

143,912

37.3 %

104,818

-39.5 %

173,149

Work in progress (goods)

Net

46,754

-52.6 %

98,704

-3.2 %

101,916

Gross

BN

46,754

-52.6 %

98,704

-3.2 %

101,916

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

1,257,309

7.3 %

1,172,036

-5.9 %

1,244,869

Gross

BR

1,494,243

-5.1 %

1,574,621

-6.8 %

1,690,333

Amortisation

BS

236,934

-41.1 %

402,585

-9.6 %

445,464

Goods for resale

Net

1,826,224

26.3 %

1,445,506

-63.1 %

3,912,739

Gross

BT

2,204,511

14.1 %

1,932,141

-59.1 %

4,724,640

Amortisation

BU

378,287

-22.3 %

486,635

-40.1 %

811,901

Sub Total Stocks

Net

4,423,754

19.0 %

3,716,720

-41.1 %

6,313,605

 

Advance payments to suppliers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Advance payments to suppliers

Net

0

0%

0

0%

12,313

Gross

BV

0

0%

0

0%

12,313

Amortisation

BW

0

0%

0

0%

0

 

Debtors

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Trade accounts receivable

Net

1,331,011

-27.4 %

1,833,433

-58.7 %

4,434,456

Gross

BX

1,331,011

-27.5 %

1,835,694

-59.7 %

4,549,672

Amortisation

BY

0

0%

2,261

-98.0 %

115,216

Other debtors

Net

1,269,846

-27.8 %

1,758,626

802.1 %

194,939

Gross

BZ

1,269,846

-27.8 %

1,758,626

802.1 %

194,939

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

2,600,857

-27.6 %

3,592,059

-22.4 %

4,629,395

 

Divers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Investment securities

Net

0

0%

0

0%

113,599

Gross

CD

0

0%

0

0%

113,599

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

55,682

16.2 %

47,929

131.1 %

20,736

Gross

CF

55,682

16.2 %

47,929

131.1 %

20,736

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

55,682

16.2 %

47,929

-64.3 %

134,335

 

Prepaid expenses

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid expenses

Net

26,043

-64.0 %

72,414

22.6 %

59,045

Gross

CH

26,043

-64.0 %

72,414

22.6 %

59,045

Amortisation

CI

0

0%

0

0%

0

 

Equalization accounts (IV to VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Expenses of loan issue to be spread

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%

6,827

-77.4 %

30,168

Gross

0

0%

6,827

-77.4 %

30,168

 

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

8,757,498

-10.2 %

9,750,335

-20.9 %

12,320,474

 

Shareholder Equity (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total shareholders' equity (Total I)

DL

3,142,097

-23.7 %

4,120,698

3.9 %

3,967,928

Equity and shareholders' equity

DA

4,421,000

-16.6 %

5,300,000

0%

5,300,000

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

0

0%

0

0%

0

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

0

0%

0

0%

0

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

-1,780,687

7.5 %

-1,925,688

18.5 %

-2,362,059

Profit or loss for the period

DI

31,811

-78.1 %

145,001

-66.8 %

436,371

Investment grants

DJ

0

0%

19,177

-27.3 %

26,371

Special tax-allowable reserves

DK

469,973

-19.3 %

582,208

2.6 %

567,245

 

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

833,132

-0.1 %

834,009

-46.4 %

1,555,737

Risk provisions

DP

406,000

15.3 %

352,045

-58.5 %

847,899

Reserves for charges

DQ

427,132

-11.4 %

481,964

-31.9 %

707,838

 

Liabilities (IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Liabilities (Total IV)

EC

4,762,219

-0.6 %

4,789,472

-29.5 %

6,796,306

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

980,586

105.1 %

478,174

-67.5 %

1,473,498

Sundry loans and financial liabilities

DV

875,000

-29.3 %

1,237,736

19659.5 %

6,264

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

0

0%

0

0%

144,751

Trade accounts payables

DX

1,889,929

-0.7 %

1,902,953

-41.4 %

3,244,675

Tax and social security liabilities

DY

836,485

-23.3 %

1,090,498

-41.0 %

1,847,913

Fixed asset liabilities

DZ

7,382

-50.0 %

14,764

0%

0

Other debts

EA

172,837

164.5 %

65,347

6.8 %

61,188

 

Translation loss (V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Translation loss (Total V)

ED

20,050

225.7 %

6,156

1126.3 %

502

 

Equalization accounts

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Deferred income

EB

0

0%

0

0%

18,017

 

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

4,137,219

5.7 %

3,914,471

0%

0

Of which current bank facilities

EH

905,586

124.6 %

403,174

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

-158,929

-673.0 %

27,738

-96.7 %

843,790

 

2 - Financial result (V-VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Financial result (Total V-VI)

GV

-4,363

-109.1 %

47,734

240.4 %

-34,000

 

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

-163,292

-316.4 %

75,472

-90.7 %

809,790

 

4 - Extraordinary result (VII-VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Extraordinary result (Total VII-VIII)

HI

193,771

178.7 %

69,529

125.0 %

-278,164

 

Profit or loss

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Profit or loss

HN

31,811

-78.1 %

145,001

-66.8 %

436,371

 

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

15,704,684

-9.2 %

17,303,092

-41.4 %

29,552,316

 

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

15,672,872

-8.7 %

17,158,091

-41.1 %

29,115,946

 

Operating income (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating income (Total I)

FR

15,295,890

-9.0 %

16,816,154

-42.6 %

29,289,238

 

Operating income (details)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Sale of goods for resale

FC

6,252,062

-12.7 %

7,164,240

-60.8 %

18,287,138

France

FA

3,436,415

-18.3 %

4,204,599

-71.4 %

14,696,550

Export

FB

2,815,646

-4.9 %

2,959,641

-17.6 %

3,590,588

Sale of goods produced

FF

6,978,864

-11.8 %

7,910,833

-4.4 %

8,276,276

France

FD

3,370,207

-21.1 %

4,273,115

1.5 %

4,210,142

Export

FE

3,608,658

-0.8 %

3,637,718

-10.5 %

4,066,134

Sale of services

FI

1,705,585

2.2 %

1,669,165

-24.9 %

2,222,221

France

FG

1,667,343

3.8 %

1,606,040

-26.4 %

2,183,566

Export

FH

38,243

-39.4 %

63,125

63.3 %

38,655

Net turnover

FL

14,936,511

-10.8 %

16,744,238

-41.8 %

28,785,635

France

FJ

8,473,965

-16.0 %

10,083,754

-52.2 %

21,090,258

Export

FK

6,462,547

-3.0 %

6,660,484

-13.4 %

7,695,377

Stocked production

FM

-132,660

-11.6 %

-118,924

-154.9 %

216,727

Self-constructed assets

FN

0

0%

0

0%

3,622

Operating grants

FO

2,000

-17.4 %

2,421

0%

0

Release of reserves and provisions

FP

479,956

182.1 %

170,148

-37.4 %

271,672

Other income

FQ

10,083

-44.8 %

18,271

57.8 %

11,582

 

Operating charges (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating charges (Total II)

GF

15,454,819

-7.9 %

16,788,416

-41.0 %

28,445,448

 

Exploitation charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Purchase of goods for resale

FS

5,770,600

-6.0 %

6,136,542

-58.9 %

14,933,732

Change in stocks of goods for resale

FT

-272,721

-146.0 %

592,844

161.7 %

-960,399

Purchase of raw materials

FU

3,367,390

2.9 %

3,272,859

-19.8 %

4,083,416

Change in stocks of raw materials

FV

-332,094

-372.3 %

121,938

227.0 %

-95,982

Other external purchases and charges

FW

2,998,420

15.6 %

2,592,760

-35.8 %

4,040,009

Tax, duty and similar payments

FX

317,542

8.5 %

292,738

-29.2 %

413,412

Payroll

FY

2,223,858

-8.8 %

2,439,328

-36.8 %

3,860,221

Social security costs

FZ

816,944

-13.0 %

938,828

-42.9 %

1,644,189

 

Depreciation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Depreciation of fixed assets

GA

304,871

42.8 %

213,535

-29.7 %

303,810

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

39,095

1123.2 %

3,196

-97.4 %

122,226

Provisions for risks and charges

GD

161,000

40.8 %

114,320

0%

0

 

Other charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Other charges

GE

59,914

-13.8 %

69,528

-31.0 %

100,814

 

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

85,115

-60.7 %

216,819

8.0 %

200,668

Share financial income

GJ

0

0%

0

0%

0

Other investment income & capitalised receivables

GK

4,566

358.0 %

997

0%

0

Other interest and similar income

GL

25,580

-8.3 %

27,884

-51.6 %

57,667

Released provisions and transferred charges

GM

6,827

-77.4 %

30,168

141.6 %

12,485

Exchange gains

GN

48,142

-69.5 %

157,770

20.9 %

130,516

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

89,478

-47.1 %

169,085

-27.9 %

234,668

Financial reserves and provisions

GQ

0

0%

6,827

-77.4 %

30,168

Interest and similar charges

GR

52,278

22.4 %

42,694

-31.3 %

62,143

Exchange losses

GS

37,200

-68.9 %

119,564

-16.0 %

142,357

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

323,679

19.8 %

270,119

332.8 %

62,410

Extraordinary operating income

HA

1,300

0%

0

0%

1,613

Extraordinary income from capital transactions

HB

97,806

396.6 %

19,694

173.8 %

7,194

Released provisions and transferred charges

HC

224,573

-10.3 %

250,425

367.2 %

53,603

 

Extraordinary charges (VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total extraordinary charges (Total VIII)

HH

129,908

-35.2 %

200,590

-41.1 %

340,574

Extraordinary operating charges

HE

317

-99.7 %

94,940

573.1 %

14,104

Extraordinary charges from capital transactions

HF

17,251

15.8 %

14,900

0%

0

Extraordinary reserves and provisions

HG

112,339

23.8 %

90,750

-72.2 %

326,470

 

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%

95,256

 

Tax on profits (X)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Tax on profits (Total X)

HK

-1,333

0%

0

0%

0

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Of which equipment leases

HP

18,855

556.1 %

2,874

-5.0 %

3,024

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

48,846

90.9 %

25,581

-56.3 %

58,563

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%

288,735

0%

0

Decreasess by transfers

OK2

961,835

5891.6 %

16,053

-26.5 %

21,840

Gross value at the end of period

OL

5,713,168

-6.5 %

6,108,832

24.2 %

4,918,602

 

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

829,117

5.1 %

789,199

5.3 %

749,617

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

439,739

252.0 %

124,917

215.6 %

39,582

Decreasess by budget item transfer

LV1

0

0%

85,000

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

1,268,855

53.0 %

829,116

5.1 %

789,199

 

Tangible fixed assets (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LN

3,998,619

-3.1 %

4,128,213

5.8 %

3,903,101

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

122,774

36.3 %

90,104

-63.5 %

246,950

Decreasess by budget item transfer

NG1

0

0%

203,735

0%

0

Decreasess by transfers

NG2

81,835

409.8 %

16,053

-26.5 %

21,840

Gross value at the end of period

NH

4,039,558

1.0 %

3,998,529

-3.1 %

4,128,211

 

Financial assets (Total IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LQ

1,281,188

107562.9 %

1,190

526.3 %

190

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

3,569

-99.7 %

1,279,997

127899.7 %

1,000

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

880,000

0%

0

0%

0

Gross value at the end of period

NK

404,755

-68.4 %

1,281,187

107562.8 %

1,190

 

 

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

435,350

-5.9 %

462,680

14.9 %

402,648

Increases

PF

125,341

162.3 %

47,788

-20.4 %

60,032

Decreasess

PG

0

0%

75,118

0%

0

Decreasess by budget item transfer

PH

560,692

28.8 %

435,350

-5.9 %

462,680

 

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

3,359,097

1.4 %

3,314,305

7.2 %

3,092,370

Increases

QV

179,530

8.3 %

165,743

-32.0 %

243,778

Decreases

QW

37,312

-69.2 %

120,955

453.8 %

21,840

Decreasess by budget item transfer

QX

3,501,314

4.2 %

3,359,093

1.4 %

3,314,308

 

 

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

2,062,238

0%

0

0%

1,383,307

Increases

UB

0

0%

0

0%

227,286

Decreases

UC

0

0%

0

0%

54,856

Value at the end of period

UD

2,062,238

0%

0

0%

1,555,737

 

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

469,973

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

469,973

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

833,132

0%

0

0%

1,383,307

Increases

TV

0

0%

0

0%

227,286

Decreases

TW

0

0%

0

0%

54,856

Value at the end of period

TX

833,132

0%

0

0%

1,555,737

 

Total Provision for depreciation (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

7B

759,133

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

759,133

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

2,931,655

-26.1 %

3,967,920

-17.4 %

4,803,845

1 year at most

VU

2,627,090

-28.4 %

3,667,920

-23.6 %

4,803,845

More than one year

VV

304,566

1.5 %

300,000

0%

0

 

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

304,566

1.2 %

300,996

0%

0

Loans (1 year at most)

UR

0

0%

996

0%

0

Other financial assets (gross)

UT

190

0.5 %

189

-0.5 %

190

Other financial assets (1 year at most)

UV

190

0.5 %

189

-0.5 %

190

 

Receivables statement of assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Customers doubtful or disputed

VA

0

0%

275

-99.9 %

249,480

Other claims customer

UX

1,331,011

-27.5 %

1,835,417

-57.3 %

4,300,192

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

801

-57.9 %

1,904

-73.4 %

7,156

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

64,438

0%

0

0%

0

Value added tax

VB

149,659

89.2 %

79,118

-32.0 %

116,293

Other taxes and payments assimilated

VN

7,572

-85.8 %

53,341

0%

0

State and other public - Miscellaneous

VP

50,000

0%

0

0%

0

Group and Associates

VC

901,776

-36.1 %

1,411,619

0%

0

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

VR

95,599

-55.0 %

212,642

197.4 %

71,489

 

Prepaid

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid

VS

26,043

-64.0 %

72,414

22.6 %

59,045

 

State Debt

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total debt (gross)

VY

4,762,219

-0.6 %

4,789,471

-28.0 %

6,651,556

1 year at most

VZ2

4,137,219

5.7 %

3,914,471

-41.1 %

6,651,556

More than 1 year and 5 years at most

VZ3

625,000

-28.6 %

875,000

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

905,586

124.6 %

403,173

-71.2 %

1,398,498

1 year at most

VG2

905,586

124.6 %

403,173

-71.2 %

1,398,498

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

75,000

0%

75,000

0%

75,000

1 year at most

VH2

75,000

0%

75,000

0%

75,000

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

875,000

-29.3 %

1,237,736

19659.5 %

6,264

1 year at most

8A2

250,000

-31.1 %

362,736

5690.8 %

6,264

More than 1 year and 5 years at most

8A3

625,000

-28.6 %

875,000

0%

0

Suppliers and associated accounts (gross)

8B1

1,889,929

-0.7 %

1,902,952

-41.4 %

3,244,675

1 year at most

8B2

1,889,929

-0.7 %

1,902,952

-41.4 %

3,244,675

More than 1 year and 5 years at most

8B3

1,889,929

-0.7 %

1,902,952

-41.4 %

3,244,675

Personnel and associated accounts (gross)

8C1

366,404

-11.6 %

414,540

-48.6 %

806,675

1 year at most

8C2

366,404

-11.6 %

414,540

-48.6 %

806,675

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

409,907

-13.0 %

471,258

-40.6 %

792,851

1 year at most

8D2

409,907

-13.0 %

471,258

-40.6 %

792,851

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

48,703

-74.8 %

192,975

-15.3 %

227,787

1 year at most

VW2

48,703

-74.8 %

192,975

-15.3 %

227,787

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

11,471

-2.2 %

11,724

-43.1 %

20,600

1 year at most

VQ2

11,471

-2.2 %

11,724

-43.1 %

20,600

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

7,382

-50.0 %

14,763

0%

0

1 year at most

8J2

7,382

-50.0 %

14,763

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%

0

1 year at most

VI2

0

0%

0

0%

0

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

172,837

164.5 %

65,347

6.8 %

61,188

1 year at most

8K2

172,837

164.5 %

65,347

6.8 %

61,188

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%

18,017

1 year at most

8L2

0

0%

0

0%

18,017

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

125,000

0%

0

0%

44,062

 

 

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

71

-7.8 %

77

-38.4 %

125

 

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

1.57

-4.8 %

1.65

-24.7 %

2.19

1.69

-7.1 %

Global Debt

115 days

11.7 %

103 days

21.2 %

85 days

116 days

-0.4 %

Working Capital Fund overall net

79 days

-7.1 %

85 days

16.4 %

73 days

80 days

-1.3 %

Financial independence

169.33 %

-29.5 %

240.15 %

-10.4 %

268.15 %

209.90 %

-19.3 %

Solvability

35.88 %

-15.1 %

42.26 %

31.2 %

32.21 %

43.63 %

-17.8 %

Capacity debt futures

320.43 %

-62.8 %

861.76 %

220.0 %

269.29 %

1,557.18 %

-79.4 %

Coverage of current assets by net working capital overall

41.76 %

-11.7 %

47.32 %

2.9 %

45.98 %

47.19 %

-11.5 %

General Liquidity

0.63

-33.0 %

0.94

30.6 %

0.72

0.78

-19.2 %

Restricted Liquidity

0.65

-31.6 %

0.95

28.4 %

0.74

1.19

-45.4 %

 

Management or rotation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Need background in operating working capital

99 days

8.8 %

91 days

28.2 %

71 days

35 days

182.9 %

Treasury

-20 days

-150.0 %

-8 days

-500.0 %

2 days

11 days

-281.8 %

Inventory turnover of goods

144 days

39.8 %

103 days

-15.6 %

122 days

36 days

300.0 %

Average length of credit granted to customers

32 days

-17.9 %

39 days

-31.6 %

57 days

64 days

-49.6 %

Average length of credit obtained suppliers

59 days

9.3 %

54 days

1.9 %

53 days

59 days

0%

Inventory turnover of raw materials in industrial enterprises

84 days

31.3 %

64 days

10.3 %

58 days

67 days

25.4 %

Inventory turnover of intermediate and finished products in the industrial enterprise

370 days

-11.7 %

419 days

-39.9 %

697 days

395 days

-6.3 %

Rotation tangible assets

369.76 %

-11.7 %

418.76 %

-39.9 %

697.29 %

400.38 %

-7.6 %

 

Profitability of the business

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Margin trading

5.05 %

94.2 %

2.60 %

-82.7 %

14.99 %

0.00 %

0%

Profitability of the business

-0.56 %

-139.2 %

1.43 %

-62.2 %

3.78 %

6.29 %

-108.9 %

Net profit

0.21 %

-75.9 %

0.87 %

-42.8 %

1.52 %

3.07 %

-93.2 %

Growth rate of turnover (excluding VAT)

-10.80 %

74.2 %

-41.83 %

-815.0 %

5.85 %

-0.01 %

-107900.0 %

Rates integration

21.91 %

-6.1 %

23.34 %

-4.1 %

24.34 %

39.48 %

-44.5 %

Rate leasing furniture

0.13 %

550.0 %

0.02 %

100.0 %

0.01 %

0.00 %

0%

Work Factor

92.93 %

7.5 %

86.43 %

10.0 %

78.58 %

78.28 %

18.7 %

Weight interests

0.60 %

-40.6 %

1.01 %

23.2 %

0.82 %

0.25 %

140.0 %

 

Return on capital

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Cash flow from the overall profitability

2.47 %

-8.5 %

2.70 %

-28.8 %

3.79 %

5.76 %

-57.1 %

Rates of economic profitability

-2.00 %

-150.0 %

4.00 %

-80.0 %

20.00 %

16.00 %

-112.5 %

Financial profitability

3,142,097.00 %

-23.7 %

4,120,698.00 %

3.9 %

3,967,928.00 %

151,817.00 %

1969.7 %

Return on investment

2.43 %

-54.8 %

5.38 %

-56.3 %

12.32 %

10.36 %

-76.5 %

 

Management intermediate balances

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Turnover

14,936,511

-10.8 %

16,744,238

-41.8 %

28,785,635

696,021

2046.0 %

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of goods

6,252,062

-12.7 %

7,164,240

-60.8 %

18,287,138

-

- Purchase of goods

5,770,600

-6.0 %

6,136,542

-58.9 %

14,933,732

-

+/- Stock of goods variation

-272,721

-146.0 %

592,844

161.7 %

-960,399

-

Trading margin

754,183 €

73.4 %

434,854 €

-89.9 %

4,313,805 €

0 €

0%

5.05 % CA

94.2 %

2.60 % CA

-82.7 %

14.99 % CA

0.00 % CA

0%

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sale of goods produced

8,684,449

-9.3 %

9,579,998

-8.7 %

10,498,497

-

+/- Stocked production

-132,660

-11.6 %

-118,924

-154.9 %

216,727

-

+ Self-constructed assets

0

0%

0

0%

3,622

-

Period production

8,551,789 €

-9.6 %

9,461,074 €

-11.7 %

10,718,846 €

597,901 €

1330.3 %

57.25 % CA

1.3 %

56.50 % CA

51.7 %

37.24 % CA

99.95 % CA

-42.7 %

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Trading margin

754,183

73.4 %

434,854

-89.9 %

4,313,805

0

0%

+ Period Production

8,551,789

-9.6 %

9,461,074

-11.7 %

10,718,846

597,901

1330.3 %

- Purchase of raw materials

3,367,390

2.9 %

3,272,859

-19.8 %

4,083,416

-

+/- Change in stocks of raw materiels

-332,094

-372.3 %

121,938

227.0 %

-95,982

-

- Other external purchases and charges

2,998,420

15.6 %

2,592,760

-35.8 %

4,040,009

-

Added value

3,272,256 €

-16.3 %

3,908,371 €

-44.2 %

7,005,208 €

287,015 €

1040.1 %

21.91 % CA

-6.1 %

23.34 % CA

-4.1 %

24.34 % CA

39.48 % CA

-44.5 %

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Added value

3,272,256 €

-16.3 %

3,908,371 €

-44.2 %

7,005,208 €

287,015 €

1040.1 %

+ Operating grants

2,000

-17.4 %

2,421

0%

0

-

- Tax, duty and similar payments

317,542

8.5 %

292,738

-29.2 %

413,412

-

- Personal charges

3,040,802

-10.0 %

3,378,156

-38.6 %

5,504,410

-

Gross operating surplus

-84,088 €

-135.1 %

239,898 €

-77.9 %

1,087,386 €

31,830 €

-364.2 %

-0.56 % CA

-139.2 %

1.43 % CA

-62.2 %

3.78 % CA

6.29 % CA

-108.9 %

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Gross operating surplus

-84,088 €

-135.1 %

239,898 €

-77.9 %

1,087,386 €

31,830 €

-364.2 %

+ Release of reserves and provisions

479,956

182.1 %

170,148

-37.4 %

271,672

-

+ Other operating income

10,083

-44.8 %

18,271

57.8 %

11,582

-

- Depreciation/ Amortisation

504,966

52.5 %

331,051

-22.3 %

426,036

-

- Other charges

59,914

-13.8 %

69,528

-31.0 %

100,814

-

Operating result

-158,929 €

-673.0 %

27,738 €

-96.7 %

843,790 €

19,406 €

-919.0 %

-1.06 % CA

-723.5 %

0.17 % CA

-94.2 %

2.93 % CA

3.76 % CA

-128.2 %

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Operating result

-158,929 €

-673.0 %

27,738 €

-96.7 %

843,790 €

19,406 €

-919.0 %

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

0

0%

0

0%

0

-

+ Financial income

85,115

-60.7 %

216,819

8.0 %

200,668

-

- Financial charges

89,478

-47.1 %

169,085

-27.9 %

234,668

-

Pre-tax result

-163,292 €

-316.4 %

75,472 €

-90.7 %

809,790 €

17,596 €

-1028.0 %

-1.09 % CA

-342.2 %

0.45 % CA

-84.0 %

2.81 % CA

3.29 % CA

-133.1 %

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Extraordinary income

323,679

19.8 %

270,119

332.8 %

62,410

936

34481.1 %

- Extraordinary charges

129,908

-35.2 %

200,590

-41.1 %

340,574

-

Extraordinary result

193,771 €

178.7 %

69,529 €

125.0 %

-278,164 €

0 €

0%

1.30 % CA

209.5 %

0.42 % CA

143.3 %

-0.97 % CA

0.00 % CA

0%

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Pre-tax result

-163,292 €

-316.4 %

75,472 €

-90.7 %

809,790 €

17,596 €

-1028.0 %

Extraordinary result

193,771 €

178.7 %

69,529 €

125.0 %

-278,164 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

95,256

-

- Tax on profits

-1,333

0%

0

0%

0

-

Net result

31,812 €

-78.1 %

145,001 €

-66.8 %

436,370 €

18,444 €

72.5 %

0.21 % CA

-75.9 %

0.87 % CA

-42.8 %

1.52 % CA

3.04 % CA

-93.1 %

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.67.04

UK Pound

1

Rs.101.67

Euro

1

Rs.73.93

EURO

1

Rs. 73.16

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

TRI

 

 

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.