MIRA INFORM REPORT

 

 

Report No. :

326173

Report Date :

06.06.2015

           

IDENTIFICATION DETAILS

 

Name :

GRUPPO COIN SOCIETA' PER AZIONI

 

 

Registered Office :

Via Terraglio,  17 MESTRE 30174- Venezia (VE)

 

 

Country :

Italy

 

 

Financials (as on) :

31.01.2014

 

 

Date of Incorporation :

01.12.2006

 

 

Legal Form :

Joint stock company with sole shareholder

 

 

Line of Business :
  • Department stores
  • Retail sale of other household products in specialised stores
  • Retail sale of clothing in specialised stores
  • Activities of holding companies

 

 

No. of Employee :

More than 1500

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Clear

 

 

NOTES :

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

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Italy

A2

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

ITALY ECONOMIC OVERVIEW

 

Italy has a diversified economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 132% of GDP in 2014, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and tax evasion. In 2014 economic growth and labor market conditions continued to deteriorate, with overall unemployment rising to 12.2% and youth unemployment around 40%. Italy's GDP is now nearly 10% below its 2007 pre-crisis level.

 

Source : CIA

 

 

Company name and address

 

GRUPPO COIN SOCIETA' PER AZIONI

 

Via Terraglio,  17 MESTRE 30174- Venezia (VE) -IT-

 

 

 

Summary

 

Fiscal Code

:

04850790967

Legal Form

:

Joint stock company with sole shareholder

start of Activities

:

01/12/2006

Equity

:

Over 2.582.254

Number of Employees

:

more than 1500

 

 

Activity

 

Department stores

Retail sale of other household products in specialised stores

Retail sale of clothing in specialised stores

Activities of holding companies

 

Legal Data

 

Legal Form : Joint stock company with sole shareholder

Fiscal Code : 04850790967

 

Chamber of Commerce no. : 200061 of Agrigento

 

Chamber of Commerce no. : 251649 of Alessandria

 

Chamber of Commerce no. : 197656 of Ancona

 

Chamber of Commerce no. : 73766 of Aosta

 

Chamber of Commerce no. : 197435 of Ascoli Piceno

 

Chamber of Commerce no. : 127798 of L'Aquila

 

Chamber of Commerce no. : 164628 of Arezzo

 

Chamber of Commerce no. : 123101 of Asti

 

Chamber of Commerce no. : 180971 of Avellino

 

Chamber of Commerce no. : 556466 of Bari

 

Chamber of Commerce no. : 414287 of Bergamo

 

Chamber of Commerce no. : 193713 of Biella

 

Chamber of Commerce no. : 97787 of Belluno

 

Chamber of Commerce no. : 130560 of Benevento

 

Chamber of Commerce no. : 502748 of Bologna

 

Chamber of Commerce no. : 141183 of Brindisi

 

Chamber of Commerce no. : 538952 of Brescia

 

Chamber of Commerce no. : 204283 of Bolzano

 

Chamber of Commerce no. : 272167 of Cagliari

 

Chamber of Commerce no. : 127886 of Campobasso

 

Chamber of Commerce no. : 278655 of Caserta

 

Chamber of Commerce no. : 177266 of Chieti

 

Chamber of Commerce no. : 106891 of Caltanissetta

 

Chamber of Commerce no. : 292214 of Cuneo

 

Chamber of Commerce no. : 313665 of Como

 

Chamber of Commerce no. : 183083 of Cremona

 

Chamber of Commerce no. : 219370 of Cosenza

 

Chamber of Commerce no. : 337522 of Catania

 

Chamber of Commerce no. : 192830 of Catanzaro

 

Chamber of Commerce no. : 206461 of Ferrara

 

Chamber of Commerce no. : 282193 of Foggia

 

Chamber of Commerce no. : 616209 of Firenze

 

Chamber of Commerce no. : 196345 of Fermo

 

Chamber of Commerce no. : 327039 of Forli'

 

Chamber of Commerce no. : 175368 of Frosinone

 

Chamber of Commerce no. : 465055 of Genova

 

Chamber of Commerce no. : 75493 of Gorizia

 

Chamber of Commerce no. : 131336 of Grosseto

 

Chamber of Commerce no. : 137186 of Imperia

 

Chamber of Commerce no. : 41336 of Isernia

 

Chamber of Commerce no. : 316772 of Lecco

 

Chamber of Commerce no. : 297284 of Lecce

 

Chamber of Commerce no. : 154353 of Livorno

 

Chamber of Commerce no. : 1470020 of Lodi

 

Chamber of Commerce no. : 190710 of Latina

 

Chamber of Commerce no. : 213705 of Lucca

 

Chamber of Commerce no. : 1885773 of Monza e Brianza

 

Chamber of Commerce no. : 182831 of Macerata

 

Chamber of Commerce no. : 223330 of Messina

 

Chamber of Commerce no. : 1827074 of Milano

 

Chamber of Commerce no. : 247921 of Mantova

 

Chamber of Commerce no. : 392990 of Modena

 

Chamber of Commerce no. : 128362 of Massa

 

Chamber of Commerce no. : 83705 of Matera

 

Chamber of Commerce no. : 881620 of Napoli

 

Chamber of Commerce no. : 230199 of Novara

 

Chamber of Commerce no. : 99626 of Nuoro

 

Chamber of Commerce no. : 135837 of Oristano

 

Chamber of Commerce no. : 303454 of Palermo

 

Chamber of Commerce no. : 175212 of Piacenza

 

Chamber of Commerce no. : 409242 of Padova

 

Chamber of Commerce no. : 148573 of Pescara

 

Chamber of Commerce no. : 278146 of Perugia

 

Chamber of Commerce no. : 179190 of Pisa

 

Chamber of Commerce no. : 99937 of Pordenone

 

Chamber of Commerce no. : 517355 of Prato

 

Chamber of Commerce no. : 256947 of Parma

 

Chamber of Commerce no. : 186128 of Pesaro

 

Chamber of Commerce no. : 180402 of Pistoia

 

Chamber of Commerce no. : 277475 of Pavia

 

Chamber of Commerce no. : 1149565 of Roma

 

Chamber of Commerce no. : 1149596 of Roma

 

Chamber of Commerce no. : 323271 of Treviso

 

Chamber of Commerce no. : 333183 of Venezia since 24/11/2006

 

Firms' Register : MI-2005-114738 of Milano

 

Firms' Register : VE-2006-54031 of Venezia

 

V.A.T. Code : 04850790967

 

Establishment date

: 02/05/2005

Start of Activities

: 01/12/2006

Legal duration

: 31/01/2060

Nominal Capital

: 18.081.484

Subscribed Capital

: 18.081.484

Paid up Capital

: 18.081.484

 

The Company is registered at the Stock Exchange of:

- Milano

 

Legal mail :

PECGRUPPOCOIN@PEC.GRUPPOCOIN.IT

 

 

Members

 

Landi

Paolo

 

Born in Borgo San Lorenzo

(FI)

on 07/05/1953

- Fiscal Code : LNDPLA53E07B036B

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

15/03/2010

 

No Prejudicial events are reported

 

Scattolin

Nicola

 

Born in Treviso

(TV)

on 09/09/1953

- Fiscal Code : SCTNCL53P09L407E

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

04/04/2012

 

No Prejudicial events are reported

 

Zeilante

Luca

 

Born in Rovigo

(RO)

on 07/10/1962

- Fiscal Code : ZLNLCU62R07H620B

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

25/03/2013

 

No Prejudicial events are reported

 

Turi

Ugo

 

Born in Gioia del Colle

(BA)

on 13/12/1953

- Fiscal Code : TRUGUO53T13E038S

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

No Prejudicial events are reported

 

Cocchi

Bruno

 

Born in Bologna

(BO)

on 06/02/1956

- Fiscal Code : CCCBRN56B06A944Y

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/12/2006

 

No Prejudicial events are reported

 

Scussel

Andrea

 

Born in Venezia

(VE)

on 23/09/1961

- Fiscal Code : SCSNDR61P23L736H

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

27/02/2012

Attorney with special power

19/05/2011

 

No Prejudicial events are reported

 

Iacobelli

Massimo

 

Born in Napoli

(NA)

on 27/08/1960

- Fiscal Code : CBLMSM60M27F839Q

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

No Prejudicial events are reported

 

Sama

Francesco

 

Born in Treviso

(TV)

on 15/12/1964

- Fiscal Code : SMAFNC64T15L407G

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

11/02/2013

 

No Prejudicial events are reported

 

Cocchetto

Cristina

 

Born in Treviso

(TV)

on 04/06/1966

- Fiscal Code : CCCCST66H44L407D

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

No Prejudicial events are reported

 

De Martin

Andrea

 

Born in Pordenone

(PN)

on 06/11/1969

- Fiscal Code : DMRNDR69S06G888L

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/12/2006

 

No Prejudicial events are reported

 

Bui

Mirco

 

Born in Venezia

(VE)

on 09/12/1959

- Fiscal Code : BUIMRC59T09L736I

 

Residence:

Terraglio

, 17

- 30173

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

04/04/2012

 

No Prejudicial events are reported

 

Margotti

Antonio

 

Born in Napoli

(NA)

on 16/05/1960

- Fiscal Code : MRGNTN60E16F839W

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

27/02/2012

 

No Prejudicial events are reported

 

Comina

Daniela

 

Born in Venezia

(VE)

on 10/02/1962

- Fiscal Code : CMNDNL62B50L736K

 

Residence:

Terraglio

, 17

- 30100

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

10/07/2008

 

No Prejudicial events are reported

 

Di Virgilio

Carmine

 

Born in Caserta

(CE)

on 04/10/1970

- Fiscal Code : DVRCMN70R04B963I

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

Prejudicial events registered

 

Legal Mortgage - 24/03/2006. - 2.412 Euro.

  GEST LINE S. P. A.

 

Guadagno

Luciano

 

Born in Milano

(MI)

on 27/07/1968

- Fiscal Code : GDGLCN68L27F205B

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

No Prejudicial events are reported

 

Dominici

Simone

 

Born in Roma

(RM)

on 21/10/1970

- Fiscal Code : DMNSMN70R21H501F

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

No Prejudicial events are reported

 

Civiero

Rosetta

 

Born in Riese Pio X

(TV)

on 09/01/1954

- Fiscal Code : CVRRTT54A49H280S

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/12/2006

 

No Prejudicial events are reported

 

Paccagnan

Paolo

 

Born in Venezia

(VE)

on 01/07/1960

- Fiscal Code : PCCPLA60L01L736Q

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/12/2006

 

No Prejudicial events are reported

 

Perin

Nicola

 

Born in Padova

(PD)

on 19/01/1966

- Fiscal Code : PRNNCL66A19G224F

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

02/03/2012

 

No Prejudicial events are reported

 

Artuso

Stefano

 

Born in Treviso

(TV)

on 11/08/1964

- Fiscal Code : RTSSFN64M11L407C

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

10/04/2014

 

No Prejudicial events are reported

 

Beraldo

Stefano

 

Born in Venezia

(VE)

on 23/03/1957

- Fiscal Code : BRLSFN57C23L736P

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/07/2014

Assistant board Chairman

02/03/2015

 

No Prejudicial events are reported

 

Boni

Claudia

 

Born in Melzo

(MI)

on 03/06/1962

- Fiscal Code : BNOCLD62H43F119B

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/12/2006

 

No Prejudicial events are reported

 

Vecchiato

Franca

 

Born in Camposampiero

(PD)

on 30/08/1959

- Fiscal Code : VCCFNC59M70B563P

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

No Prejudicial events are reported

 

Tassetto

Giovanni

 

Born in Pianiga

(VE)

on 26/10/1959

- Fiscal Code : TSSGNN59R26G565M

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

No Prejudicial events are reported

 

Faccio

Alessandro

 

Born in Bassano del Grappa

(VI)

on 15/06/1970

- Fiscal Code : FCCLSN70H15A703Y

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

30/09/2014

 

No Prejudicial events are reported

 

Fogo

Alessandro

 

Born in Cologna Veneta

(VR)

on 07/04/1975

- Fiscal Code : FGOLSN75D07C890N

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/07/2014

 

Brigo

Sabrina

 

Born in Venezia

(VE)

on 30/04/1968

- Fiscal Code : BRGSRN68D70L736Z

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

No Prejudicial events are reported

 

Valle

Matteo

 

Born in Venezia

(VE)

on 27/07/1973

- Fiscal Code : VLLMTT73L27L736D

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

22/10/2010

 

No Prejudicial events are reported

 

Massa

Alessandro

 

Born in Roma

(RM)

on 29/03/1966

- Fiscal Code : MSSLSN66C29H501X

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

No Prejudicial events are reported

 

Capociuchi

Piero

 

Born in Perugia

(PG)

on 18/05/1960

- Fiscal Code : CPCPRI60E18G478L

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

No Prejudicial events are reported

 

Stathopoulos

Nicholas

 

Born in Atene

( )

on 11/11/1969

- Fiscal Code : STTNHL69S11Z115G

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/07/2014

Board Chairman

23/07/2014

 

No Prejudicial events are reported

 

Vanuzzo

Elisabetta

 

Born in Dolo

(VE)

on 05/11/1978

- Fiscal Code : VNZLBT78S45D325Z

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/02/2013

 

No Prejudicial events are reported

 

Moroni

Davide

 

Born in Venezia

(VE)

on 07/10/1969

- Fiscal Code : MRNDVD69R07L736K

 

Residence:

Mameli

, 24/A

- 30038

Spinea

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

17/04/2012

 

No Prejudicial events are reported

 

De Zotti

Marzia

 

Born in Berlino

( )

on 29/07/1977

- Fiscal Code : DZTMRZ77L69Z112V

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

18/07/2012

 

No Prejudicial events are reported

 

Capitanio

Marco

 

Born in Venezia

(VE)

on 29/08/1964

- Fiscal Code : CPTMRC64M29L736G

 

Residence:

Orlanda

, 269

- 30173

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/09/2012

 

No Prejudicial events are reported

 

Icon 2 S.a.r.l.

 

 

:

Avenue de la Porte-Nueve

, 29

- 2227

Luxembourg

- LU -

 

Position

Since

Shares Amount

% Ownership

Sole partner

15/04/2012

 

No Prejudicial events are reported

 

Pilosio

Antonella

 

Born in Venezia

(VE)

on 02/08/1955

- Fiscal Code : PLSNNL55M42L736F

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

25/03/2013

 

No Prejudicial events are reported

 

Stemper

Pierre

 

Born in Poissy

( )

on 06/12/1970

- Fiscal Code : STMPRR70T06Z110G

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/07/2014

 

Teubner

Robert Marvin

 

Born in Berlino

( )

on 19/05/1978

- Fiscal Code : TBNRRT78E19Z112K

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

23/07/2014

 

Vincenti

Emiliano

 

Born in Roma

(RM)

on 29/02/1972

- Fiscal Code : VNCMLN72B29H501P

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

Barbiero

Sonia

 

Born in Mirano

(VE)

on 25/10/1974

- Fiscal Code : BRBSNO74R65F241B

 

Residence:

Castellana

, 22/A

- 30037

Scorze'

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

Carraro

Giampaolo

 

Born in Treviso

(TV)

on 01/12/1959

- Fiscal Code : CRRGPL59T01L407T

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

Lazzarini

Andrea

 

Born in Rovigo

(RO)

on 17/02/1974

- Fiscal Code : LZZNDR74B17H620X

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

Leone

Pierluigi

 

Born in San Giovanni Rotondo

(FG)

on 25/04/1973

- Fiscal Code : LNEPLG73D25H926I

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

Crosato

Michele

 

Born in Glarona

( )

on 04/01/1966

- Fiscal Code : CRSMHL66A04Z133K

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

 

Caldato

Stefano

 

Born in Treviso

(TV)

on 15/09/1965

- Fiscal Code : CLDSFN65P15L407L

 

Residence:

Terraglio

, 17

- 30174

Venezia

(VE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/08/2014

Companies connected to members *

*checkings have been performed on a national scale.

 

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

 

Beraldo

Stefano

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Ariete S.p.a.

Campi Bisenzio (FI) - IT -

11205000158

Director

Withdrawn

Registered

C. E Dis. Commercio E Distribuzione S.p.a. Siglabile Cedis S.p.a.senza Vincoli D

Torino (TO) - IT -

01781100019

Director

Withdrawn

Merged

Coin Franchising Societa' Per Azioni

Venezia (VE) - IT -

02557390586

Managing Director

Withdrawn

Ceased

Coin Franchising Societa' Per Azioni

Venezia (VE) - IT -

02557390586

Director

Withdrawn

Ceased

Coin Franchising Societa' Per Azioni

Venezia (VE) - IT -

02557390586

Managing Director

Withdrawn

Ceased

Coin Franchising Societa' Per Azioni

Venezia (VE) - IT -

02557390586

Board Chairman

Withdrawn

Ceased

Dl Radiators S.r.l.

Treviso (TV) - IT -

00730970266

Director

Withdrawn

Registered

Simac Vetrella S.p.a.

Gorgo Al Monticano (TV) - IT -

00857440267

Director

Withdrawn

Ceased

Climaveneta S.p.a.

Treviso (TV) - IT -

02205090265

Director

Withdrawn

Merged

De' Longhi S.p.a.

Treviso (TV) - IT -

11570840154

Director

Withdrawn

Registered

Gruppo Coin - Societa' Per Azioni In ForMa Abbreviata G.c. - S.p.a.

Venezia (VE) - IT -

00047400320

Managing Director

Active

Merged

Gruppo Coin - Societa' Per Azioni In ForMa Abbreviata G.c. - S.p.a.

Venezia (VE) - IT -

00047400320

Director

Active

Merged

Gruppo Coin - Societa' Per Azioni In ForMa Abbreviata G.c. - S.p.a.

Venezia (VE) - IT -

00047400320

General Director

Active

Merged

Elba S.p.a.

Treviso (TV) - IT -

00199160268

Director

Withdrawn

Ceased

Dl Radiators S.p.a.

Treviso (TV) - IT -

01460240276

Director

Withdrawn

Ceased

Fisher E Paykel Appliances Italy S.p.a.

Borso del Grappa (TV) - IT -

03295340263

Director

Withdrawn

Registered

Tre.bi - Spa

Venezia (VE) - IT -

01219500129

Managing Director

Withdrawn

Merged

Tre.bi - Spa

Venezia (VE) - IT -

01219500129

Director

Withdrawn

Merged

Tre.bi - Spa

Venezia (VE) - IT -

01219500129

Board Chairman

Withdrawn

Merged

Oviesse Societa' Per Azioni

Venezia (VE) - IT -

03147990273

Managing Director

Withdrawn

Merged

Oviesse Societa' Per Azioni

Venezia (VE) - IT -

03147990273

Director

Withdrawn

Merged

Oviesse Societa' Per Azioni

Venezia (VE) - IT -

03147990273

Board Chairman

Withdrawn

Merged

Climaveneta S.p.a.

Treviso (TV) - IT -

02603430139

Director

Withdrawn

Registered

De Longhi Capital Services S.r.l.

Treviso (TV) - IT -

03281930960

Director

Withdrawn

Registered

Brand Zero S.p.a. In Liquidazione

Venezia (VE) - IT -

03841230273

Managing Director

Withdrawn

Ceased

Brand Zero S.p.a. In Liquidazione

Venezia (VE) - IT -

03841230273

Director

Withdrawn

Ceased

Brand Zero S.p.a. In Liquidazione

Venezia (VE) - IT -

03841230273

Board Chairman

Withdrawn

Ceased

Cosi - Concept Of Style Italy Spa

Venezia (VE) - IT -

03877320279

Director

Withdrawn

Registered

Coin S.p.a.

Venezia (VE) - IT -

08620050016

Managing Director

Withdrawn

Merged

Coin S.p.a.

Venezia (VE) - IT -

08620050016

Director

Withdrawn

Merged

Coin S.p.a.

Venezia (VE) - IT -

08620050016

Managing Director

Withdrawn

Merged

Coin S.p.a.

Venezia (VE) - IT -

08620050016

Board Chairman

Withdrawn

Merged

Gestione Vendite Piemontese S.r.l.

Torino (TO) - IT -

08765310019

Director

Withdrawn

Ceased

Giorgione Investimenti S.p.a.

Milano (MI) - IT -

04850810963

Director

Withdrawn

Registered

Upim S.r.l

Venezia (VE) - IT -

05034590967

Director

Withdrawn

Ceased

Upim S.r.l

Venezia (VE) - IT -

05034590967

Managing Director

Withdrawn

Ceased

Upim S.r.l

Venezia (VE) - IT -

05034590967

Board Chairman

Withdrawn

Ceased

Elica Societa' Semplice Societa' Agricola

Venezia (VE) - IT -

03944180276

Partner

Active

Registered

Agricola Nova Silis Societa' Semplice Societa' Agricola

Venezia (VE) - IT -

02066170263

Partner

Active

Registered

Icon Spa

Milano (MI) - IT -

07094260960

Director

Withdrawn

Registered

Gcf S.p.a.

Venezia (VE) - IT -

04135270272

Director

Withdrawn

Registered

Gcf S.p.a.

Venezia (VE) - IT -

04135270272

Board Chairman

Withdrawn

Registered

Excelsior Verona S.r.l.

Mantova (MN) - IT -

02393480203

Director

Active

Registered

Ovs Spa

Venezia (VE) - IT -

04240010274

Managing Director

Active

Registered

Ovs Spa

Venezia (VE) - IT -

04240010274

Director

Active

Registered

String S.r.l.

Milano (MI) - IT -

08430050966

Director

Active

Registered

String S.r.l.

Milano (MI) - IT -

08430050966

Board Chairman

Active

Registered

 

Stathopoulos

Nicholas

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Giorgione Investimenti S.p.a.

Milano (MI) - IT -

04850810963

Director

Withdrawn

Registered

Giorgione Investimenti S.p.a.

Milano (MI) - IT -

04850810963

Board Chairman

Withdrawn

Registered

Icon Spa

Milano (MI) - IT -

07094260960

Director

Withdrawn

Registered

Icon Spa

Milano (MI) - IT -

07094260960

Board Chairman

Withdrawn

Registered

Icon 2 S.a.r.l.

Luxembourg - LU -

97588530150

Director

Active

Registered

ICON 1 SA

Luxembourg - LU -

B159612

Director

Active

Registered

Ovs Spa

Venezia (VE) - IT -

04240010274

Director

Active

Registered

Ovs Spa

Venezia (VE) - IT -

04240010274

Board Chairman

Active

Registered

 

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

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

 

Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Icon 2 S.a.r.l.

Luxembourg - LU -

97588530150

100,00

 

Direct Participations

 

The Company under review has participations in the following Companies:

 

Firm's Style

Seat

Fiscal Code

Owned Shares Amount

% Ownership

since

until

Share Status

Ovs Spa

Venezia - IT -

04240010274

140.000.000 .Eur

100,00

Active

Consorzio Centro Commerciale Vittoria

Castellarano - IT -

01750110353

Active

LA PIAZZETTA S.C. A R.L.

Rivoli - IT -

07080070019

2.612 .Eur

25,11

Active

Benaco Soc. Cons. A R.l.

Castiglione delle Stiviere - IT -

01590830202

1.705 .Eur

16,50

Active

Meridiana Citta' Shopping S.r.l.

Reggio Emilia - IT -

01446880351

806 .Eur

7,90

Active

Omegnacentro Societa' Consortile A R.l.

Omegna - IT -

01385770035

1.785 .Eur

17,16

Active

Centomilacandele S. Consortile P.a. O, I n Forma Abbreviata Centom Ilacandele S.c

Milano - IT -

13198320155

30.000 .Eur

10,00

Ceased

Consorzio Degli Operatori Del Centro Com merciale Il Borgo

Sulmona - IT -

01527810665

Active

Consorzio Centro Commerciale Cavese

Cava De' Tirreni - IT -

02989180654

Active

Consorzio Operatori Centro Commerciale M aximall Di Pontecagnano F Aiano (sa) Od

Pontecagnano Faiano - IT -

04454960651

Active

Consorzio Le Torri

Latina - IT -

02315610598

Active

Consorzio Operatori Centro Commerciale M egliadino

Megliadino San Fidenzio - IT -

04212450284

Active

Ecolight

Milano - IT -

04357740960

Active

Consorzio Degli Operatori Del Centro Com Merciale Le Acciaierie

Cortenuova - IT -

03194660167

Active

Cosi - Concept Of Style Italy Spa

Venezia - IT -

03877320279

120.000 .Eur

100,00

Active

CONSORZIO PARCO COMMERCIALE "MERAVILLE"

BOLOGNA - IT -

02313501203

Active

Consorzio Operatori Lucania

Tito - IT -

01786480762

Active

Gcf S.p.a.

Venezia - IT -

04135270272

540.000 .Eur

100,00

Active

Excelsior Verona S.r.l.

Mantova - IT -

02393480203

350.000 .Eur

50,00

Active


Firm's location and structure

 

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

 

-

Legal and operative seat

since 30/11/2006

 

Terraglio

, 17

- 30100

- Venezia

(VE)

- IT -

 

PHONE

: 04123398042

 

PHONE

: 04123398000

 

PHONE

: 0412398042

 

FAX

: 041982722

 

Legal mail

: PECGRUPPOCOIN@PEC.GRUPPOCOIN.IT

 

-

Branch

 

RAGGIUNTO IL N. MAX DI UNITA LOCALI

- VISUALIZZABILI

 

Employees

: 2.706

 

Fittings and Equipment for a value of 185.790.000

Eur

 

Stocks for a value of 356.540.000

Eur

 

The firm has a direct commercial organization

The company sells in Italy and abroad.

The company sells mainly to consumers.

The firm operates abroad as importer / exporter..

Export represents from 20% to 50% of the global turnover.

Main used terms of sale: cash and within 30 days.

Subject collects by cash and/or credit card.

Main used payment modalities are by cash orders and bank transfers.

 

The subject firm uses the following own selling brands:

- IANA

 

- UPIM

 

- COIN

 

- OVS

 

- EXCELSIOR

 

 

Traded Brands / Suppliers

 

- GURU

 

- Miss Sixty

 

- Toy G.

 

- Energie

 

- Mustang

 

- Pepe Jeans

 

- Murphy e Nye

 

- Diesel

 

- CK Collection

 

- Trussardi Jeans

 

- Timberland

 

 

Historical Information and/or Firm's Status

 

COMPANY STYLE MODIFICATIONS:

 

Former Style

New Style

Changement Date

BELLINI INVESTIMENTI S.P.A.

Gruppo Coin SPA

22/11/2006

 

CEASINGS/INCORPORATIONS/MERGES:

 

The firm absorbed by merging of

 

Gruppo Coin - Societa' Per Azioni In ForMa Abbreviata G.c. - S.p.a.

 

Cannaregio

, 5793

, 30121

, Venezia

(VE)

- IT -

 

Fiscal Code: 00047400320

 

Date

:

22/11/2006

 

Project of merging by taking over of

 

Gruppo Coin - Societa' Per Azioni In ForMa Abbreviata G.c. - S.p.a.

 

Cannaregio

, 5793

, 30121

, Venezia

(VE)

- IT -

 

Fiscal Code: 00047400320

 

Date

Merging/splitting-up project:

11/04/2006

 

Project of merging by taking over of

 

Icon Spa

 

San Primo

, 4

, 20121

, Milano

(MI)

- IT -

 

Fiscal Code: 07094260960

 

Date

Merging/splitting-up project:

17/01/2012

 

Resolution of merging of

 

Icon Spa

 

San Primo

, 4

, 20121

, Milano

(MI)

- IT -

 

Fiscal Code: 07094260960

 

Date

:

25/01/2012

 

The firm absorbed by merging of

 

Icon Spa

 

San Primo

, 4

, 20121

, Milano

(MI)

- IT -

 

Fiscal Code: 07094260960

 

Date

:

03/04/2012

 

Project of merging by taking over of

 

Coin Franchising Societa' Per Azioni

 

Terraglio

, 17

, 30173

, Venezia

(VE)

- IT -

 

Fiscal Code: 02557390586

 

Date

Merging/splitting-up project:

28/06/2012

 

The firm absorbed by merging of

 

Coin S.p.a.

 

Terraglio

, 17

, 30174

, Venezia

(VE)

- IT -

 

Fiscal Code: 08620050016

 

Date

:

01/01/2013

 

Protests

 

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

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.

 

Legal Procedures

 

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

 

Bankers

 

The firm operates with:

 

Bank Name

Agency Name

Address

ZIP Code

City

ABI Code

CAB Code

B.CA NAZIONALE DEL LAVORO SPA

1005

0

UNICREDIT BANCA SPA

2008

0

INTESA SANPAOLO SPA

3069

0

 

Financial and Economical Analysis

 

Company's starting of activities dates back to 2006.

The economic-financial analysis has been made on the base of the b/s of the latests three years.

Unstable economic results mark the company's financial state of affairs. with a profit (r.o.e. 6,08%) in the last financial year

The operating result was positive in the last financial year (1,04%) and in line with the sector's average.

The amount of the operating result for the year 2014 is of Eur. 23.115.000 increasing if compared to the yeart 2013.

A gross operating margine for a value of Eur. 113.561.000 was reached. ,with no change if compared to the year before.

The analysis shows a fair financial position as the indebtedness volume is acceptable (1,24) with an improving trend as on the decrease.

The equity capital is equal to Eur. 503.641.000 on stable levels.

Total debts recorded amounted to Eur. 1.454.279.000 (Eur. 778.298.000 of which were m/l term debts) , a more or less stable value.

Financial debts as well as debts to suppliers are rather high even in comparison with the sector's.

Liquidity is not completely adequate.

As to due from customers, the average terms are 20,53 days. , in line with the sector's average.

During financial year 2014 the cash flow amounted to Eur. 121.079.000

In the last financial year labour cost was of Eur. 310.867.000, with a 19,87% incidence on total costs of production. , whereas the incidence of such costs on sales revenues is equal to 21,71%.

Limited financial charges in relation to sales volume.



Financial Data

 

Complete balance-sheet for the year

al 31/01/2014

(in Eur

x 1)

 

Item Type

Value

Sales

1.431.593.000

Profit (Loss) for the period

30.633.000

 

Complete balance-sheet for the year

al 31/01/2013

(in Eur

x 1)

 

Item Type

Value

Sales

1.515.186.000

Profit (Loss) for the period

-97.010.000

 

Complete balance-sheet for the year

al 31/01/2012

(in Eur

x 1)

 

Item Type

Value

Sales

98.098.000

Profit (Loss) for the period

144.788.000

 

Complete balance-sheet for the year

al 31/01/2011

(in Eur

x 1)

 

Item Type

Value

Sales

94.114.532

Profit (Loss) for the period

20.326.985

 

Complete balance-sheet for the year

al 31/01/2010

(in Eur

x 1)

 

Item Type

Value

Sales

77.366.013

Profit (Loss) for the period

25.902.363

 

Balance Sheets

 

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

 

- Balance Sheet as at 31/01/2014 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/01/2013 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/01/2012 - 12 Mesi - Currency: - Amounts x 1

 

Years

2014

2013

2012

BALANCE SHEET ACCOUNTS

 

ASSETS

CREDITS VS PARTNERS

. Deposits not yet withdrawn

. Deposits already withdrawn

Total credits vs partners

FIXED ASSETS

. INTANGIBLE FIXED ASSETS

. . Start-up and expansion expenses

. . Research,develop. and advert.expens.

. . Industrial patent rights

12.475.000

13.449.000

12.059.000

. . Concessions,licenses,trademarks,etc.

664.561.000

658.857.000

. . Goodwill

482.266.000

485.105.000

. . Assets in formation and advance paymen.

45.000

104.000

171.000

. . Other intangible fixed assets

148.990.000

157.638.000

. Total Intangible Fixed Assets

1.308.337.000

1.315.153.000

12.230.000

. TANGIBLE FIXED ASSETS

. . Real estate

105.321.000

111.947.000

28.337.000

. . Plant and machinery

96.649.000

104.770.000

24.960.000

. . Industrial and commercial equipment

89.140.000

99.113.000

1.562.000

. . Other assets

3.521.000

4.750.000

956.000

. . Assets under construction and advances

3.028.000

3.706.000

359.000

. Total Tangible fixed assets

297.659.000

324.286.000

56.174.000

. FINANCIAL FIXED ASSETS

. . Equity investments

10.996.000

42.559.000

593.520.000

. . . Equity invest. in subsidiary companies

10.716.000

42.328.000

593.393.000

. . . Equity invest. in associated companies

179.000

129.000

. . . Equity invest. in holding companies

. . . Equity invest. in other companies

101.000

102.000

127.000

. . Financial receivables

8.446.000

7.806.000

132.000

. . . . Within 12 months

. . . . Beyond 12 months

8.446.000

7.806.000

132.000

. . . Receivab due from subsidiaries

. . . . Within 12 months

. . . . Beyond 12 months

. . . Receivables due from assoc.comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . . Receivables due from holding comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . . Receivables due from third parties

8.446.000

7.806.000

132.000

. . . . Within 12 months

. . . . Beyond 12 months

8.446.000

7.806.000

132.000

. . Other securities

493.000

. . Own shares

. . . Total nominal value

. Total financial fixed assets

19.442.000

50.365.000

594.145.000

Total fixed assets

1.625.438.000

1.689.804.000

662.549.000

CURRENT ASSETS

. INVENTORIES

. . Raw materials and other consumables

. . Work in progress and semimanufactured

. . Work in progress on order

. . Finished goods

356.537.000

355.317.000

. . Advance payments

. Total Inventories

356.537.000

355.317.000

. CREDITS NOT HELD AS FIXED ASSETS

. . Within 12 months

140.817.000

147.829.000

306.576.000

. . Beyond 12 months

5.811.000

5.784.000

3.080.000

. . Trade receivables

81.655.000

106.035.000

876.000

. . . . Within 12 months

81.655.000

106.035.000

876.000

. . . . Beyond 12 months

. . Receivables due from subsid. comp.

3.086.000

1.566.000

248.091.000

. . . . Within 12 months

3.086.000

1.566.000

248.091.000

. . . . Beyond 12 months

. . Receivables due from assoc. comp.

29.811.000

15.437.000

35.516.000

. . . . Within 12 months

29.811.000

15.437.000

35.516.000

. . . . Beyond 12 months

. . Receivables due from holding comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . Fiscal Receivables

14.423.000

16.434.000

21.172.000

. . . . Within 12 months

14.423.000

16.434.000

21.172.000

. . . . Beyond 12 months

. . Receivables for anticipated taxes

2.977.000

. . . . Within 12 months

. . . . Beyond 12 months

2.977.000

. . Receivables due from third parties

17.653.000

14.141.000

1.024.000

. . . . Within 12 months

11.842.000

8.357.000

921.000

. . . . Beyond 12 months

5.811.000

5.784.000

103.000

. Total Credits not held as fixed assets

146.628.000

153.613.000

309.656.000

. FINANCIAL ASSETS

. . Equity invest. in subsidiary comp.

. . Equity invest. in associated companies

. . Equity invest. in holding companies

. . Other equity investments

. . Own shares

. . . Total nominale value

. . Other securities

. Total Financial Assets

. LIQUID FUNDS

. . Bank and post office deposits

44.076.000

99.977.000

75.788.000

. . Checks

. . Banknotes and coins

6.339.000

6.378.000

13.000

. Total Liquid funds

50.415.000

106.355.000

75.801.000

Total current assets

553.580.000

615.285.000

385.457.000

ADJUSTMENT ACCOUNTS

. Discount on loans

. Other adjustment accounts

40.767.000

44.590.000

11.166.000

Total adjustments accounts

40.767.000

44.590.000

11.166.000

TOTAL ASSETS

2.219.785.000

2.349.679.000

1.059.172.000

LIABILITIES

STOCKHOLDERS' EQUITY

. Capital stock

18.081.000

14.462.000

14.462.000

. Additional paid-in capital

358.870.000

290.110.000

290.110.000

. Revaluation reserves

. Legal reserve

2.892.000

2.892.000

2.714.000

. Reserve for Own shares

. Statute reserves

. Other reserves

-11.854.000

-9.104.000

-8.114.000

. Accumulated Profits (Losses)

191.317.000

288.328.000

21.538.000

. Profit( loss) of the year

-55.665.000

-97.010.000

144.788.000

. Advances on dividends

. Partial loss of the year Coverage

Total Stockholders'Equity

503.641.000

489.678.000

465.498.000

RESERVES FOR RISKS AND CHARGES

. . Reserve for employee termination indem.

. . Taxation fund, also differed

161.342.000

145.712.000

. . Other funds

18.182.000

23.906.000

6.437.000

Total Reserves for Risks and Charges

179.524.000

169.618.000

6.437.000

Employee termination indemnities

60.168.000

62.721.000

4.271.000

ACCOUNTS PAYABLE

. . . . Within 12 months

675.981.000

1.588.288.000

222.098.000

. . . . Beyond 12 months

778.298.000

21.390.000

360.219.000

. . Bonds

. . . . Within 12 months

. . . . Beyond 12 months

. . Convertible bonds repayable

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to shareholders for financing

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to banks

877.470.000

947.280.000

456.816.000

. . . . Within 12 months

122.970.000

947.280.000

110.716.000

. . . . Beyond 12 months

754.500.000

346.100.000

. . Due to other providers of finance

25.707.000

30.398.000

21.601.000

. . . . Within 12 months

12.907.000

13.600.000

7.482.000

. . . . Beyond 12 months

12.800.000

16.798.000

14.119.000

. . Advances from customers

. . . . Within 12 months

. . . . Beyond 12 months

. . Trade payables

438.799.000

444.582.000

27.100.000

. . . . Within 12 months

438.799.000

444.582.000

27.100.000

. . . . Beyond 12 months

. . Securities issued

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to subsidiary companies

60.711.000

45.291.000

. . . . Within 12 months

60.711.000

45.291.000

. . . . Beyond 12 months

. . Due to associated companies

8.483.000

20.310.000

19.568.000

. . . . Within 12 months

8.483.000

20.310.000

19.568.000

. . . . Beyond 12 months

. . Due to holding companies

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to the tax authorities

50.170.000

51.327.000

4.656.000

. . . . Within 12 months

50.170.000

51.327.000

4.656.000

. . . . Beyond 12 months

. . Due to social security and welfare inst.

7.451.000

7.869.000

699.000

. . . . Within 12 months

7.451.000

7.869.000

699.000

. . . . Beyond 12 months

. . Other payables

46.199.000

47.201.000

6.586.000

. . . . Within 12 months

35.201.000

42.609.000

6.586.000

. . . . Beyond 12 months

10.998.000

4.592.000

Total accounts payable

1.454.279.000

1.609.678.000

582.317.000

ADJUSTMENT ACCOUNTS

. Agio on loans

. Other adjustment accounts

22.173.000

17.984.000

649.000

Total adjustment accounts

22.173.000

17.984.000

649.000

TOTAL LIABILITIES

2.219.785.000

2.349.679.000

1.059.172.000

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

Investment accounts

Risk accounts

Civil and fiscal norms relation

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

. Revenues from sales and services

1.431.593.000

1.515.186.000

98.098.000

. Changes in work in progress

6.100.000

-25.140.000

. Changes in semi-manufact. products

. Capitalization of internal work

. Other income and revenues

150.202.000

73.824.000

5.821.000

. . Contributions for operating expenses

. . Different income and revenues

150.202.000

73.824.000

5.821.000

Total value of production

1.587.895.000

1.563.870.000

103.919.000

PRODUCTION COSTS

. Raw material,other materials and consum.

688.743.000

689.226.000

1.845.000

. Services received

201.990.000

209.509.000

61.032.000

. Leases and rentals

241.332.000

228.137.000

6.850.000

. Payroll and related costs

310.867.000

306.789.000

20.888.000

. . Wages and salaries

223.871.000

224.256.000

14.811.000

. . Social security contributions

70.028.000

66.987.000

4.769.000

. . Employee termination indemnities

. . Pension and similar

. . Other costs

16.968.000

15.546.000

1.308.000

. Amortization and depreciation

90.446.000

104.663.000

8.982.000

. . Amortization of intangible fixed assets

15.916.000

16.211.000

4.246.000

. . Amortization of tangible fixed assets

50.115.000

68.225.000

4.683.000

. . Depreciation of tangible fixed assets

5.651.000

4.987.000

53.000

. . Writedown of current receiv.and of liquid

18.764.000

15.240.000

. Changes in raw materials

. Provisions to risk reserves

855.000

. Other provisions

. Other operating costs

31.402.000

30.098.000

4.766.000

Total production costs

1.564.780.000

1.568.422.000

105.218.000

Diff. between value and cost of product.

23.115.000

-4.552.000

-1.299.000

FINANCIAL INCOME AND EXPENSE

. Income from equity investments

55.569.000

163.753.000

. . In subsidiary companies

. . In associated companies

. . In other companies

. Other financial income

347.000

982.000

25.420.000

. . Financ.income from receivables

. . . Towards subsidiary companies

. . . Towards associated companies

. . . Towards holding companies

. . . Towards other companies

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

. . Financ.income from secur. cur.assets

. . Financ.income other than the above

. . . - Subsidiary companies

. . . - Associated companies

. . . - Holding companies

. . . - Other companies

. Interest and other financial expense

-75.659.000

-68.270.000

-38.626.000

. . Towards subsidiary companies

. . Towards associated companies

. . Towards holding companies

. . Towards other companies

Total financial income and expense

-19.743.000

-67.288.000

150.547.000

ADJUSTMENTS TO FINANCIAL ASSETS

. Revaluations

. . Of equity investments

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

. . Of securities incl.among current assets

. Devaluation

43.149.000

-16.041.000

-3.047.000

. . Of equity investments

-16.041.000

-3.047.000

. . Of financial fixed assets (no equity inv)

. . Of securities included among current ass

Total adjustments to financial assets

43.149.000

-16.041.000

-3.047.000

EXTRAORDINARY INCOME AND EXPENSE

. Extraordinary income

7.298.000

259.000

. . Gains on disposals

. . Other extraordinary income

7.298.000

259.000

. Extraordinary expense

. . Losses on disposals

. . Taxes relating to prior years

. . Other extraordinary expense

Total extraordinary income and expense

7.298.000

259.000

Results before income taxes

53.819.000

-87.622.000

146.201.000

. Taxes on current income

23.186.000

9.388.000

1.413.000

. . current taxes

8.601.000

11.169.000

4.324.000

. . differed taxes(anticip.)

14.585.000

-1.781.000

-2.911.000

. Net income for the period

30.633.000

-97.010.000

144.788.000

. Adjustments in tax regulations pursuance

. Provisions in tax regulations pursuance

. Profit (loss) of the year

30.633.000

-97.010.000

144.788.000

 

RATIOS

Value Type

as at 31/01/2014

as at 31/01/2013

as at 31/01/2012

Sector Average

COMPOSITION ON INVESTMENT

Rigidity Ratio

Units

0,73

0,72

0,63

0,21

Elasticity Ratio

Units

0,25

0,26

0,36

0,76

Availability of stock

Units

0,16

0,15

n.c.

0,26

Total Liquidity Ratio

Units

0,09

0,11

0,36

0,38

Quick Ratio

Units

0,02

0,05

0,07

0,06

COMPOSITION ON SOURCE

Net Short-term indebtedness

Units

1,24

3,03

0,31

4,71

Self Financing Ratio

Units

0,23

0,21

0,44

0,13

Capital protection Ratio

Units

1,07

1,17

0,66

0,47

Liabilities consolidation quotient

Units

1,24

0,05

1,64

0,14

Financing

Units

2,89

3,29

1,25

6,18

Permanent Indebtedness Ratio

Units

0,60

0,24

0,78

0,28

M/L term Debts Ratio

Units

0,38

0,04

0,34

0,09

Net Financial Indebtedness Ratio

Units

1,69

1,78

0,86

0,38

CORRELATION

Fixed assets ratio

Units

0,83

0,34

1,25

1,19

Current ratio

Units

0,82

0,39

1,74

1,04

Acid Test Ratio-Liquidity Ratio

Units

0,29

0,16

1,74

0,57

Structure's primary quotient

Units

0,31

0,29

0,70

0,65

Treasury's primary quotient

Units

0,07

0,07

0,34

0,10

Rate of indebtedness ( Leverage )

%

440,75

479,84

227,54

753,97

Current Capital ( net )

Value

-122.401.000

-973.003.000

163.359.000

13.820

RETURN

Return on Sales

%

8,46

0,51

156,75

1,76

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

%

6,08

-19,81

31,10

6,97

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

%

10,69

-17,89

31,41

19,32

Return on Investment ( R.O.I. )

%

1,04

-0,19

-0,12

3,36

Return/ Sales

%

1,61

-0,30

-1,32

1,67

Extra Management revenues/charges incid.

%

132,52

n.c.

n.c.

34,61

Cash Flow

Value

121.079.000

7.653.000

153.770.000

30.555

Operating Profit

Value

23.115.000

-4.552.000

-1.299.000

28.817

Gross Operating Margin

Value

113.561.000

100.111.000

8.538.000

58.450

MANAGEMENT

Credits to clients average term

Days

20,53

25,19

3,21

20,73

Debts to suppliers average term

Days

142,24

167,91

474,78

94,63

Average stock waiting period

Days

89,66

84,42

n.c.

42,55

Rate of capital employed return ( Turnover )

Units

0,64

0,64

0,09

1,99

Rate of stock return

Units

4,02

4,26

n.c.

8,40

Labour cost incidence

%

21,71

20,25

21,29

8,75

Net financial revenues/ charges incidence

%

-1,38

-4,44

153,47

-0,46

Labour cost on purchasing expenses

%

19,87

19,56

19,85

8,71

Short-term financing charges

%

5,20

4,24

6,63

1,61

Capital on hand

%

155,06

155,08

1079,71

50,33

Sales pro employee

Value

158.344

162.190

150.457

305.836

Labour cost pro employee

Value

34.384

32.839

32.036

30.467

 

 

Remarks

 

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

 

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

 

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

 

 

Market / Territory Data

 

Population living in the province

:

829.418

Population living in the region

:

4.699.950

Number of families in the region

:

1.813.210

 

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

 

- per food products

:

456

- per non food products

:

2.052

- per energy consume

:

127

 

Sector Data

 

The values are calculated on a base of 3.366 significant companies.

 

The companies cash their credits on an average of 21 dd.

The average duration of suppliers debts is about 95 dd.

The sector's profitability is on an average of 1,76%.

The labour cost affects the turnover in the measure of 8,75%.

Goods are held in stock in a range of 43 dd.

The difference between the sales volume and the resources used to realize it is about 1,99.

The employees costs represent the 8,71% of the production costs.

 

Statistical Detrimental Data

 

Statistcally the trade activity shows periods of crisis.

The area is statistically considered lowly risky.

In the region 13.782 protested subjects are found; in the province they count to 2.633.

The insolvency index for the region is 0,30, , while for the province it is 0,32.

Total Bankrupt companies in the province : 2.924.

Total Bankrupt companies in the region : 16.714.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.89

UK Pound

1

Rs.97.98

Euro

1

Rs.71.82

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

ANK

 

 

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.
 
 


SS