MIRA INFORM REPORT

 

 

Report No. :

311645

Report Date :

17.03.2015

 

IDENTIFICATION DETAILS

 

Name :

JOSE OLIVEIRA MOURA COSTA & COMPANHIA LDA

 

 

Registered Office :

Rua Central Campos, 728 - Apartado 3009, 4430-787-Avintes, Vila Nova De Gaia, Porto

 

 

Country :

Portugal

 

 

Financials (as on) :

2013

 

 

Date of Incorporation :

13.12.1979

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

15201-Manufacturer of footwear

 

 

No of Employees :

60

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 

NOTES :

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

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Portugal

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

B2

Moderate High Risk

 

C1

High Risk

C2

Very High Risk

D

 

 

PORTUGAL ECONOMIC OVERVIEW

 

Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country qualified for the Economic and Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Austerity measures also have contributed to record unemployment and a wave of emigration not seen since the 1960s. Booming exports will contribute to growth and employment in 2014, but the need to continue to reduce private- and public-sector debt could weigh on consumption and investment. The government of Pedro PASSOS COELHO has stated its intention to reduce labor market rigidity, and, this, along with steps to trim the budget deficit, could make Portugal more attractive to foreign investors. The government reduced the budget deficit from 10.1% of GDP in 2009 to 5.1% in 2013, lower than the EU-IMF fiscal target of 5.5%. Despite these efforts, public debt has continued to grow and, in 2013, stands among the highest in the EU. As a result, the government may have difficulty regaining full bond market financing when the EU-IMF financing program expires in May 2014.

Source : CIA


IDENTIFICATION

 

Name                                       JOSE OLIVEIRA MOURA COSTA & COMPANHIA LDA

V.A.T. Number / NIF                 500945586

Denomination                          Fábrica de Calçado Pontual

Address                                   Rua Central Campos, 728 - Apartado 3009

Postal Code                             4430-787-AVINTES

Municipality                             VILA NOVA DE GAIA

District                                     PORTO

Telephone                                227820342

Fax                                           227824819

E-Mail                                      geral@pontual.eu

Web Site                                  http://www.pontual.eu

CAE Main                                 15201- Manufacture of footwear

 

 

FINANCIAL HIGHLIGHTS

 

 

2011

2012

2013

Net Sales

2.276.977,50

2.190.001,60

2.327.407,60

Net Income For the Year

109.614,14

151.010,23

201.734,00

Shareholders Funds

2.776.190,05

2.767.201,00

2.960.935,00

Stocks

366.977,66

324.297,00

399.227,99

LIABILITY

407.667,95

307.915,50

297.647,16

ASSETS

3.263.050,00

3.155.116,50

3.266.502,24

 

 

SUMMARY

 

Legal Form                                          Private Limited Company

Constitution                                         13-12-1979

V.A.T. Number / NIF                             500945586

Employees                                           60

Capital                                                 350.000,00

Sales in : 31-12-2013                             2.327.487,60

Shareholders Funds in: 31-12-2013       2.968.935,08

Payments                                             Good

Actual Condition                                  In activity

 

 

MANAGEMENT BODIES

 

MARIA EMILIA SILVA TEIXEIRA COSTA                                     Managing-Partner

JOSE LUIS PEREIRA COSTA                                                    Managing-Partner

 

LEGAL STRUCTURE

 

Registed on the Register Record Office of Vila Nova de Gaia with the Register Number 500945586 previous number 24840 in 05-02-1980

 

Constitution celebrated in 13-12-1979 published on Diário da República number 15 of 18-01-1980

 

To oblige the company it is necessary 1 signatures

 

 

Changes to Society

 

In 28-12-2001 on Diário da República number 169 of 24-07-2002 increase and redenomination of capital Clique para ver detalhes

to 350.000 €

In 29-09-1999 on Diário da República number 38 of 15-02-2000 management resignation Clique para ver detalhes

with capital increase to 70.000.000$00

In 04-11-1991 on Diário da República number 90 of 16-04-1992 increase of capital Clique para ver detalhes

from 20.000.000$00 to 40.000.000$00

In 14-06-1991 on Diário da República number 20 of 24-01-1992 increase of capital Clique para ver detalhes

from 1.000.000$00 to 20.000.000$00

In 18-11-1987 on Diário da República number 286 of 14-12-1987 increase of capital Clique para ver detalhes

and unification of shares

 

 

CAPITAL

 

The Capital is 350.000,00

 

with the following distribution

 

MARIA EMILIA SILVA TEIXEIRA COSTA

11.250,00

3,214%

JOSE LUIS PEREIRA COSTA

250.750,00

73,929%

JOSE OLIVEIRA MOURA COSTA & COMPANHIA LDA

00.000,00

22,057%

 

 

BIOGRAPHIES

 

Name

MARIA EMILIA SILVA TEIXEIRA COSTA

Funtion

Managing-Partner

Address

Rua Central de Campos, 736

Locality

4430-709 AVINTES

Naturality

Pedroso

Civil State

Married

Consort

Jose Luis Pereira Costa

 

 

Name

JOSE LUIS PEREIRA COSTA

Funtion

Managing-Partner

Address

Rua Central de Campos, 736

Locality

4430-707 AVINTES

Birth Date

1957

Naturality

Vila Nova de Gaia - Pedroso

Civil State

Married

Consort

Maria Emilia Silva Teixeira Costa

 

 

SHAREHOLDERS / PARTNERS COMPANIES

 

NAME

JOSE OLIVEIRA MOURA COSTA & COMPANHIA LDA

Funtion

Partner

Address

Rua Central Campos, 720 - Apartado 3009

Locality

4430-707 AVINTES

Telephone

227020342

Fax

227024019

E-Mail

geral@pontual.eu

C.A.E.

15201- Manufacture of footwear

 

 

ACTIVITIES

 

Main CAE                                 15201- Manufacture of footwear

 

 

Business Description

Industry and footwear trade

 

 

Type of Clients                         Retailers/Wholesalers

Sales Conditions                      Credit

 

 

Year

 

 

 

EU

Extra-EU

Total

2013

140.883,22

6,05%

2.186.604,38

93,95%

0,00

0,00%

2.327.487,60

2012

434.541,18

19,76%

1.764.260,50

80,24%

0,00

0,00%

2.198.801,68

2011

273.679,19

12,02%

2.003.298,39

87,98%

0,00

0,00%

2.276.977,58

2010

41.676,51

2,00%

2.041.412,94

98,00%

0,00

0,00%

2.083.089,45

 

 

Geographic Distribution of Purchases

 

 

Internal Market

 

 

International Market

 

 

Year

 

 

 

EU

 

Extra-EU

Total

2013

490.464,23

47,58%

219.222,29

21,27%

321.157,47

31,15%

1.030.843,99

2012

525.304,31

58,88%

223.795,24

25,08%

143.109,23

16,04%

892.208,78

2011

589.201,34

56,88%

155.634,95

15,02%

291.015,27

28,09%

1.035.851,56

2010

483.624,47

55,70%

163.493,41

18,83%

221.110,78

25,47%

868.228,66

 

 

DENOMINATIONS

 

Fábrica de Calçado Pontual

 

 

BANKS AND FINANCIAL INSTITUTIONS

 

MILLENNIUM BCP                                 Avenida da República - Vila Nova de Gaia

BANCO BPI, SA                                    Vila Nova de Gaia

NOVO BANCO, SA                                Vila Nova de Gaia

 

 

INCIDENTS

 

There are no of incidents on our database

 

 

EMPLOYEES

 

 

Year

Total

 

Men

 

Women

2013

60

15

25%

45

75%

2012

60

15

25%

45

75%

2011

61

15

25%

46

75%

2010

61

15

25%

46

75%

 

 

 

INSURANCE

 

Tranquilidade Seguros SA

 

 

HEAD OFFICE AND INSTALLATIONS

 

Head office Rua Central Campos, 728, 4430-787, AVINTES

 

Office Praceta da Fontiela, 90, 4430-789, AVINTES, Tel:227820342, Fax:227824819

 

 

PARTICIPATIONS

 

The subject participates on the following company

(ies)

 

NAME                                       JOSE OLIVEIRA MOURA COSTA & COMPANHIA LDA

Address                                   Rua Central Campos, 728 - Apartado 3009

Locality                                    4430-787 AVINTES

Telephone                                227820342

Fax                                           227824819

E-Mail                                      geral@pontual.eu

Web Site                                  http://www.pontual.eu/

C.A.E.                                      15201- Manufacture of footwear

Capital                                     350.000,00

Participation                            22,857%

 

 

FINANCIAL DEMONSTRATION SNC

 

 

Balance Sheet SNC

 

 

 

CoinEUROS

 

 

 

Year:2013

 

2013

2012

2011

% Var.2013/12

ASSET

 

 

 

 

Non-current assets

 

 

 

 

Tangible fixed assets

140.846,57

173.318,23

198.228,64

(18,74)%

Investment properties

-

-

-

-

Goodwill

-

-

-

-

Intangible assets

525,27

1.592,80

2.110,73

(67,02)%

Biological assets

-

-

-

-

Financial participations - patrimonial equity method

-

-

-

-

Financial participations - other methods

2.000,00

2.000,00

2.000,00

-

Shareholders/partners

-

-

-

-

Other financial assets

330.000,00

380.000,00

380.000,00

(13,16)%

Deferred tax assets

-

-

-

-

Financial investments(exclusive use by small entities and micro entities)

-

-

-

-

Total

473.371,84

556.911,03

582.339,37

(15,00)%

 

 

 

 

 

Current assets

 

 

 

 

Inventories

399.227,99

324.297,80

366.977,66

23,11%

Biological assets

-

-

-

-

Costumers

212.568,08

230.393,30

196.376,47

(7,74)%

Advances to suppliers

-

-

-

-

State and other public entities

37.857,48

36.369,85

70.408,46

4,09%

Shareholders/partners

-

-

-

-

Other accounts receivable

42.982,41

40.493,55

34.472,81

6,15%

Deferrals

13.341,47

13.184,75

12.496,37

1,19%

Financial assets held for trading

-

-

-

-

Other financial assets

20.000,00

20.000,00

20.000,00

-

Non-current assets held for sale

-

-

-

-

Other current assets

-

-

-

-

Cashier and bank deposits

2.067.232,97

1.933.466,30

1.980.787,66

6,92%

Total

2.793.210,40

2.598.205,55

2.681.519,43

7,51%

TOTAL ASSET

3.266.582,24

3.155.116,58

3.263.858,80

3,53%

 

 

SHAREHOLDERS FUNDS AND LIABILITIES

 

SHAREHOLDERS FUNDS

 

 

 

 

Capital

350.000,00

350.000,00

350.000,00

-

Own shares

(224.459,05)

(224.459,05)

(224.459,05)

-

Other shareholders funds instruments

-

-

-

-

Emission premiuns

-

-

-

-

Legal reserves

294.459,05

294.459,05

294.459,05

-

Other reserves

194.500,11

194.500,11

194.500,11

-

Net retained

2.152.700,97

2.001.690,74

1.972.076,60

7,54%

Adjustments on financial assets

-

-

-

-

Revaluation surplus

-

-

-

-

Other shareholders funds changes

-

-

-

-

Total

2.767.201,08

2.616.190,85

2.586.576,71

5,77%

Net income for the period

201.734,00

151.010,23

189.614,14

33,59%

Antecipated dividends

-

-

-

-

TOTAL OF SHAREHOLDERS FUNDS

2.968.935,08

2.767.201,08

2.776.190,85

7,29%

LIABILITY

 

 

 

 

Non-current liabilities

 

 

 

 

Provisions

-

-

-

-

Financing obtained

-

40.000,00

80.000,00

-

Responsability for post-employment beneficts

-

-

-

-

Diferred taxes liabilities

-

-

-

-

Other payable accounts

-

-

-

-

Total

 

40.000,00

80.000,00

 

Current liabilities

 

 

 

 

Suppliers

31.230,84

109.793,55

57.702,98

(71,55)%

Advances from costumers

-

-

-

-

State and other public entities

51.140,68

30.176,12

84.601,78

69,47%

Shareholders/partners

-

-

-

-

Financing obtained

40.000,00

40.000,00

40.000,00

-

Other payable accounts

175.275,64

167.945,83

225.363,19

4,36%

Deferrals

-

-

-

-

Financial liabilities held for trading

-

-

-

-

Other financial liabilities

-

-

-

-

Non-current liabilities held for sale

-

-

-

-

Other current liabilities

-

-

-

-

Total

297.647,16

347.915,50

407.667,95

(14,45)%

TOTAL LIABILITIES

297.647,16

387.915,50

487.667,95

(23,27)%

TOTAL SHAREHOLDERS FUNDS AND LIABILITIES

3.266.582,24

3.155.116,58

3.263.858,80

3,53%

 

 

INCOME STATEMENT

 

INCOME AND EXPENSES

 

 

 

 

Sales and services

2.327.487,60

2.198.801,68

2.276.977,58

5,85%

Operating government grants

-

-

-

-

Gains/losses allocated subsidiaries, associates and joint

 

 

 

 

 

-

-

-

-

ventures

 

 

 

 

Variation in production inventories

(7.439,59)

(8.945,75)

(3.595,55)

(16,84)%

Work for the entity itself

-

-

-

-

Cost of goods sold and materials consumed

939.461,47

925.942,89

907.843,08

1,46%

Suppliers and external services

316.614,90

296.849,52

356.113,30

6,66%

Personnel costs

726.545,52

716.722,58

703.147,92

1,37%

Impairment of inventories (losses/revearsals)

-

-

-

-

Impairment of receivables (losses/revearsals)

-

-

-

-

Provisions (increases/reductions)

-

-

-

-

Impairment of investments not depreciable/amortizable

(losses/reversals)

-

-

-

-

Other impairments (losses/reversals)/impairments (losses/reversals) (exclusive use by small entities and microentities)

-

-

-

-

Increases/decreases in fair value

-

-

-

-

Other income and gains

109.702,05

107.462,69

123.609,02

2,08%

Other expenses and losses

82.359,67

54.614,66

70.114,00

50,80%

Result before depreciation, financing costs and taxes

364.768,50

303.188,97

359.772,75

20,31%

Expenses/reversals of depreciation and amortization

92.509,09

91.182,81

92.464,99

1,45%

Impairment of investments depreciable/amortizable (losses/reversals)

-

-

-

-

Operating result (before financing costs and taxes)

272.259,41

212.006,16

267.307,76

28,42%

Interest and similar income obtained

-

-

-

-

interest and similar expenses incurred

1.011,90

2.212,70

3.274,51

(54,27)%

Net before taxes

271.247,51

209.793,46

264.033,25

29,29%

Income tax of the period

69.513,51

58.783,23

74.419,11

18,25%

Net profit for the period

201.734,00

151.010,23

189.614,14

33,59%

Results of discontinued operations (net of taxes) included in the net icome of the period

-

-

-

-

 

 

RATIOS SNC

 

Closing Date

2013

2012

2011

 

 

 

 

TURNOVER RATIOS

 

 

 

Shareholder's Funds Profitability

0,068

0,055

0,068

Assets Profitability

0,083

0,067

0,082

Sales Net Profitability

0,087

0,069

0,083

 

 

 

 

EFFICIENCY RATIOS

 

 

 

 

 

 

 

Medium Term Receivable

33,335

38,245

31,479

Asset Rotation

0,713

0,697

0,698

 

 

 

 

PRODUCTIVITY RATIOS

 

 

 

 

 

 

 

Productivity

1,91

1,776

1,947

 

 

 

 

SHORT TERM RATIOS

 

 

 

 

 

 

 

General Liquidity

9,384

7,468

6,578

Reduced Liquidity

8,043

6,536

5,678

Immediate Liquidity

6,945

5,557

4,859

 

 

 

 

MEDIUM LONG TERM RATIOS

 

 

 

 

 

 

 

Financial Autonomy

0,909

0,877

0,851

Solvability

9,975

7,134

5,693

Borrowed Capital Structure

1

0,897

0,836

General Debt

0,013

0,029

0,043

Medium Long Term Debt

 

0,014

0,029

Debt Structure

1

0,897

0,836

Capital Structure

 

69,18

34,702

 

 

 

 

Operational and Financial Risk

 

 

 

 

 

 

 

Operational Leverage Level

5,098

6,004

5,122

Financial Leverage Level

1,004

1,011

1,012

Combined Leverage Level

5,118

6,07

5,183

 

 

CASH FLOW STATEMENT

 

Rubrics

2013

2012

PERIODS

CASH FLOWS FROM OPERATIONAL ACTIVITIES

 

 

 

Customers receipts

2.317.679,66

2.218.711,37

4,46%

Payments to suppliers

1.465.374,80

1.329.343,35

10,23%

Payments to employees

588.975,68

714.549,50

(17,57)%

Cash at bank generated from operations

263.329,18

174.818,52

50,63%

Payment/receipt of income tax

(46.552,30)

(85.797,97)

45,74%

Other receipts/payments

(18.343,73)

192.769,39

(109,52)%

Cash Flows from Operational Activities (A)

198.433,15

281.789,94

(29,58)%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Payments regarding:

 

 

 

Fixed tangible assets

74.234,78

128.448,97

(42,21)%

Intangible assets

-

449,63

-

Financial investments

-

-

-

Other assets

-

-

-

Receipts from:

 

 

 

Fixed tangible assets

580,20

2.000,00

(70,99)%

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

50.000,00

-

-

Investment subsidies

-

-

-

Interest and similar income

-

-

-

Dividends

-

-

-

Cash Flows' Investments Activities (B)

(23.654,58)

(126.898,60)

81,36%

 

 

CASH FLOWS' INVESTMENT ACTIVITIES

 

Receipts from :

 

 

 

Obtained financing

-

-

-

Paying-up of capital and other equity instruments

-

-

-

Coverage of losses

-

-

-

Donations

-

-

-

Other financing operations

-

-

-

Payments regarding:

 

 

 

Obtained financing

40.000,00

40.000,00

0,00%

Interests and similar expenses

1.011,90

2.212,70

(54,27)%

Dividends

-

160.000,00

-

Capital's redution and other equity instruments

-

-

-

Other financing operations

-

-

-

Cash Flows' Financing Activities ©

(41.011,90)

(202.212,70)

79,72%

Variation in cash at bank and its equivalents (A+B+C)

133.766,67

(47.321,36)

382,68%

Effect of exchange differences

-

-

-

Cash at bank and its equivalents at the start of period

1.933.466,30

1.980.787,66

(2,39)%

Cash at bank and its equivalents at the end of period

2.067.232,97

1.933.466,30

6,92%

 

 

CASH FLOWS

 

 

 

Movimentos do Periodo de 2013

 

Rubrics

Initial balance

Debits

Credits

Final balance

PERIOD'S CARRYING AMOUNT AND MOVEMENTS

 

 

 

 

Cash in hand

400,00

3.443,76

3.443,76

400,00

Order deposits

106.539,08

5.562.114,17

5.317.726,01

350.927,24

Other bank deposits

1.826.527,21

2.515.905,73

2.626.527,21

1.715.905,73

Total cash at bank and bank deposits

1.933.466,29

8.081.463,66

7.947.696,98

2.067.232,97

Of which: Bank deposits abroad

-

-

-

0,00

 

 

Rubrics                                                                                                Value

 

OTHER INFORMATION

Receipts from:

Non-life insurance claims                                                                       -

Operating subsidies                                                                              -

Cash at bank and its equivalents not available for use                            

 

 

ASSETS IMPAIRMENT

 

 

 

Movimentos do Periodo de 2013

 

 

Impairment losses

 

Impairment losses reversals

 

Rubrics

Recognized in profit and

On revalued assets recognized in equity

Total

Recognized in profit and

Recognized in equity

Total

Individual assets

 

 

 

 

 

 

Fixed tangible assets

0,00

-

-

0,00

-

-

Goodwill

0,00

0,00

-

-

0,00

0,00

Intangible assets

0,00

-

-

0,00

-

-

Investment properties (cost model)

0,00

0,00

-

0,00

0,00

-

Investments in progress

0,00

0,00

-

0,00

0,00

-

Financial investments

0,00

0,00

-

0,00

0,00

-

TOTAL

of which: cash-generating units

0,00

0,00

-

0,00

0,00

-

 

 

GOVERNMENT GRANTS AND GOVERNMENT ASSISTANCE

 

 

Grants from State and other

public bodies

Grants from other entities

 

Rubrics

Value assigned in

the period or in

previous periods

Value attributed

to the period

Value assigned in

the period or in

previous periods

Value attributed

to the period

Grants related to assets/investment:

0,00

0,00

0,00

0,00

Fixed tangible assets

0,00

0,00

0,00

0,00

Land and Natural Resources

-

-

-

-

Buildings and other structures

-

-

-

-

Basic equipment

-

-

-

-

Transport equipment

-

-

-

-

Office equipment

-

-

-

-

Biological equipment

-

-

-

-

Others

-

-

-

-

Intangible assets

0,00

0,00

0,00

0,00

Development projects

-

-

-

-

Computer programmes

-

-

-

-

Industrial property

-

-

-

-

Others

-

-

-

-

Other assets

-

-

-

-

Grants related to income / operating

-

-

-

-

Value of repayments in the period:

0,00

0,00

0,00

0,00

Grants related to assets/investment

-

-

-

-

Grants related to income / operating

-

-

-

-

TOTAL

0,00

0,00

0,00

0,00

 

 

IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST

 

 

Movimentos do Periodo de 2013

 

Rubrics

Impairment losses

Impairment losses reversals

Total

Receivable debts from customers

-

-

0,00

Other receivables

-

-

0,00

Equity instruments and other securities

-

-

0,00

Others

-

-

0,00

TOTAL

0,00

0,00

0,00

 

 

DEBTS REGISTERED AS DOUBTFUL

 

Rubrics                                                                                                                                    Value

Regarding insolvency and company recovery procedures or enforcement procedures                  -

Claimed in court                                                                                                                        -

In arrears:                                                                                                                                  0,00

Over six months and up to twelve months                                                                                  -

Over twelve months and up to eighteen months                                                                          -

Over eighteen months and up to twenty four months                                                                   -

Over twenty four months -

TOTAL                                                                                                                                     0,00

 

 

EMPLOYEE BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS

 

 

Rubrics

Average number of employees

Average number of hours worked

Company employees, paid and unpaid

60

110.502

Paid company employees

60

110.502

Company UNPAID employees

0

0

Company employees, by type of working hours

 

 

Full time company employees

60

110.502

Of which: Full time company employees

60

110.502

Part time company employees

0

0

Of which: Part time company employees

0

0

Company employees, by gender:

 

 

Men

15

25.366

Women

45

85.136

Company employees, of which:

 

 

Company employees assigned to Research and Development

-

-

Service providers

-

-

People placed through temporary employment agencies

-

-

 

 

STAFF COSTS

 

Rubrics

Value

Staff costs

726.545,52

Governance Bodies Remuneration

64.176,00

Of which: Profit-sharing

-

Employees remuneration

516.286,67

Of which: Profit-sharing

-

Post-employment benefits

15.212,44

Pension premiums

15.212,44

Other benefits

-

Of which:

 

For defined contribution plans - corporate bodies

-

For defined contribution plans - others

-

Compensations

-

Charges on remunerations

117.664,88

Insurance for accidents at work and professional diseases

7.985,71

Social security expenses

-

Other staff costs

5.219,82

Of which:

 

Expenditure on education

-

Expenditure on uniforms

-

 

 

INFORMATION BY GEOGRAPHIC MARKETS

 

 

 

Geographic markets

 

Rubrics

Internal

EU

Extra-EU

Total

Sales

140.883,22

2.186.604,38

-

2.327.487,60

Services provided

-

-

-

0,00

Purchases

490.464,23

219.222,29

321.157,47

1.030.843,99

Supplies and external services

315.443,78

1.171,12

-

316.614,90

Acquisition of fixed tangible assets

58.969,90

-

-

58.969,90

Acquisition of investment properties

-

-

-

0,00

Acquisition of intangible assets

-

-

-

0,00

Supplementary income:

61,99

0,00

0,00

61,99

Social services

-

-

-

0,00

Equipment rental

-

-

-

0,00

Studies, projects and technological assistance

-

-

-

0,00

Royalities

-

-

-

0,00

Others

61,99

-

-

61,99

Memorandum: Sales and services provided  (undiscounted values)

-

-

-

0.00

Memorandum: Purchases and supplies and external

services (undiscounted values)

-

-

-

0.00

 

 

RECEIVABLE AND PAYABLE ACCOUNTS

 

Rubrics

2013

2012

PERIODS

Customers

 

 

 

Trade accounts receivable

212.568,08

230.393,30

(7,74)%

Trade notes receivable

-

-

-

Advances received from customers

-

-

-

Suppliers

 

 

 

Trade accounts payable

31.230,84

109.793,55

(71,55)%

Trade notes payable

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advances to suppliers

-

-

-

Staff

 

 

 

Payable remunerations

36.400,00

34.000,00

7,06%

Advanced payments

-

-

-

Bonds

-

-

-

Other operations

449,31

(269,49)

266,73%

State and other public sector institutions

 

 

 

Income Tax

49.241,27

64.156,83

(23,25)%

 

305.995,12

206.752,52

48,00%

Deductible IVA (debt cumulative amounts)

 

 

 

Paid IVA (credit cumulative amounts)

143.050,86

179.485,91

(20,30)%

Shareholders / partners

 

 

 

Shareholders with subscription

-

-

-

Unreleased quotas

-

-

-

Advances for profits

-

-

-

Allocated results

 

 

 

From the perspective of the entity distributing profits

-

-

-

From the perspective of the entity with allocated profits

-

-

-

Available profits

 

 

 

From the perspective of the entity distributing profits

-

-

-

From the perspective of the entity with allocated profits

-

-

-

Granted loans - parent company

-

-

-

Granted loans - subsidiary companies, associated companies

 

 

 

 

-

-

-

and joint ventures

 

 

 

Granted loans - other shareholders/partners

-

-

-

Of which: Participating companies

-

-

-

Other operations

 

 

 

Debit status

-

-

-

Credit status

-

-

-

Other receivable and payable accounts

 

 

 

Investment providers - general accounts

-

1.701,88

-

Trade accounts payable - unchecked invoices

-

-

-

Advanced payments to investment providers

-

-

-

additional income - Debtors

42.854,44

40.015,58

7,09%

additional expenses - Creditors

138.426,33

128.937,08

7,36%

Deferred tax assets

-

-

-

Deferred tax liabilities

-

-

-

Unreleased subscriptions - Creditors

-

-

-

Advances received on account of sales

-

-

-

Other debtors and creditors

 

 

 

Other debtors

-

-

-

Other creditors

-

2.723,15

-

 

 

 

EXPENSE ACCOUNTS

 

Rubrics

2013

2012

PERIODS

Supplies and external services

316.614,90

296.849,52

6,66%

Subcontracts

161.026,40

134.254,65

19,94%

Specialized services

45.439,89

53.031,34

(14,32)%

Specialized works

6.623,14

7.210,90

(8,15)%

Of which: Payments to workers placed through agencies

-

-

-

Advertising and promotion

11.715,20

11.880,07

(1,39)%

Surveillance and security

-

-

-

Fees

5.100,00

5.100,00

0,00%

Comissions

325,08

780,07

(58,33)%

Maintenance and repairs

20.101,72

26.924,62

(25,34)%

Others

1.574,75

1.135,68

38,66%

Materials

12.455,39

17.009,36

(26,77)%

Fast wear tools and utensils

7.882,17

10.158,67

(22,41)%

Books and technical documentation

-

-

-

Office material

1.690,92

1.630,34

3,72%

Gift items

2.779,06

5.169,84

(46,24)%

Others

103,24

50,51

104,40%

Energy and fluids

30.059,98

31.261,33

(3,84)%

Electricity

22.149,49

22.867,06

(3,14)%

Fuels

7.482,99

7.967,44

(6,08)%

Water

427,50

426,83

0,16%

Others

-

-

-

Travel, lodging and transportation

17.406,01

11.305,79

53,96%

Travel and lodging

9.126,19

3.235,48

182,07%

Transport of personnel

-

-

-

Transport of goods

8.260,31

8.060,81

2,47%

Others

19,51

9,50

105,37%

Different services

50.227,23

49.987,05

0,48%

Rents and leases

34.560,00

34.560,00

0,00%

Of which: Rents from land

34.560,00

34.560,00

0,00%

Communication

3.477,40

3.769,94

(7,76)%

Insurance

5.630,98

5.320,49

5,84%

Royalties

-

-

-

Litigation and Notaries

160,00

40,00

300,00%

Representation expenses

1.057,45

1.630,96

(35,16)%

Cleaning, hygiene and comfort

4.437,89

3.636,53

22,04%

Other services

903,51

1.029,13

(12,21)%

 

 

DELIBERATION OF APPROVAL OF ACCOUNTS

 

Were the financial year's accounts approved?

YES

 

Data da Aprovação: 26-03-2014 By (Unanimity/Majority):

Unanimity

 

Percentage of issued votes related to the share capital subscribed with voting right

100

 

The accounts were approved:

In universal meeting

Through deliberation by writing vote

 

The accounts were approved:

In POC/SNC/NCM (National Plan of Accounts/Accounting Normalization System/Accounting Normalization for micro entities)

 

 

PROFIT APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S ACCOUNTS

 

Rubrics

2013

2012

Retained earnings

2.354.434,97

2.152.700,97

Allocated results / Available profits

-

-

Percentages or bonuses to managing bodies

-

-

Ditto to staff

-

-

Reserves

-

-

Coverage of losses

-

-

7. Others

-

-

BALANCE (1-2-3-4-5-6-7)

2.354.434,97

2.152.700,97

 

 

MANAGEMENT REPORT / ASSESSMENT OF THE INSPECTION BODY / LEGAL CERTIFICATION OF ACCOUNTS

 

MANAGEMENT REPORT

Were the Management Report and financial year's accounts prepared?

YES

 

Were the management report and the financial year's accounts signed by all members of the management / administration?

YES

 

ASSESSMENT OF THE INSPECTION BODY

The entity has an inspection body?

NO

 

Has the inspection body issued an assessment?

Information Available

 

The inspection body pronounced:

Information Available

 

LEGAL CERTIFICATION OF ACCOUNTS (CLC)

Is the entity required to have certified accounts by a Statutory Auditor/Statutory Audit Firm?

YES

Identificação do ROC: 503117625

 

Was the Legal certification of accounts issued?

YES

Without reservation and without emphasis


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 62.82

UK Pound

1

Rs. 92.82

Euro

1

Rs. 66.16

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

DPT

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

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.