MIRA INFORM REPORT

 

 

Report No. :

319075

Report Date :

06.05.2015

 

IDENTIFICATION DETAILS

 

Name :

DRILLSTAR INDUSTRIES

 

 

Registered Office :

Zone Induspal Av F Et I Joliot Curie 64140 Lons

 

 

Country :

France

 

 

Financials (as on) :

30.09.2013

 

 

Date of Incorporation :

January 1987

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

 
Mechanical Engineering.

 

 

No. of Employee :

50 to 99 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No complaints

 

 

Litigation :

Clear

 

 

NOTES :

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

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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 10.5% in 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 4.3% of GDP in 2014, while France's public debt rose from 68% of GDP to more than 92% over the same period. 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 and address

 

Name

DRILLSTAR INDUSTRIES

Acronym

-

Trade name

-

Status

Economically active

Postal Address

DRILLSTAR INDUSTRIES
ZONE INDUSPAL
AV F ET I JOLIOT CURIE
64140 LONS

Share Capital

106,714 Euros

Incorporiation Date

01/1987

Activity (APE)

 
Mechanical Engineering

 (2562B)

RCS Registration

RCS Pau B 339 681 850

Formation Date

12/1986

EUR VAT Number

FR34339681850

Deregistration Date

-

Last account Date

30/09/2013

Court Registry Number

19 8 7B00004

Telephone

05 59 13 01 00

Registration Court

Pau (64)

Fax

-

Nationality

France

Legal form

Simplified joint stock company

Currency

Euros

 

 

Key Financials

 

YEAR TO DATE

TURNOVER

GROSS OPERATING SURPLUS

SHAREHOLDER'S EQUITY

NET RESULT

EMPLOYEES

30/09/2013

7,256,503 €

3.08% Turnover

2,386,405 €

98,676 €

50 to 99 employees

30/09/2012

7,195,385 €

2.23% Turnover

2,247,034 €

167,406 €

-

30/09/2011

7,085,694 €

6.05% Turnover

2,280,589 €

372,671 €

-

 

 

Ultimate Holding Company

 

Name

Country

Company Number

ARTZAINAK

419548516

Affiliation links.

 

 

Directors

 

Current Directors

1

 

 

Preferential Right

 

No social security and tax office preferential right to date

 

 

Payment Information Summary – Trade Payment Data

 

Total number of Invoices available

38

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

20

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

18

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

0

Total number of Invoices currently outstanding beyond the due date

0

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Establishment Details

 

Type of Establishment

Single (translated to H)

Production Role

-

APE/NAF Code

2562B

Activity

Mechanical Engineering

Formation Date

12/1986

Reason for Formation

Lease management

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

AVENUE F ET I JOLIOT CURIE 64140 LONS

Department

Pyrénées-Atlantiques (64)

Location Surface

-

District

3

City

LONS

Status

Economically active

Business Pages FT®

-

Region

Aquitaine

Area

19

Size of Urban Area

Urban unit with 100 000 to 199 999 inhabitants

 

 

Ultimate Parent(s)

 

1 ultimate parent company/companies for this company

 

Company Name

Activity (APE)

APE/NAF Code

City

Post Code

ARTZAINAK

Activités des sièges sociaux

7010Z

MAULEON LICHARRE

64130

 

 

Other Establishment(s)

 

Regionality

Legal unit with all establishments in same area

Mono-activity status

Legal unit having all establishments with the same main activity

Branches

0 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

DRILLSTAR INDUSTRIES

Head Office

2562B

Mécanique industrielle

LONS

64140

 

 

Workforce

 

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 return on total assets employed is negative

The pre-tax profit is less than 25,000€

The debtor days are 77.51

The ratio total assets to total liabilities is 1.95

The sales to current assets ratio is 2.01

The company is 28 years old

Industry code with low risk rating

The tangible fixed assets are 649,521 €

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

The liquidity acid test is more than 65%

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

 

Company monitored since

29/07/2008

Status of Monitoring

No social security and tax office preferential right to date

 

 

Tax office preferential rights

 

Number of preferential rights

0

Total amount

-

Due remaining amount

-

Date of last preferential right

-

 

 

Historical

 

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

200900112

31/08/2009

29/01/2010

LE COMPTABLE DU TRESOR DE LESCAR1 RUE ALFAZ DEL PI 64235 LESCAR

16,486 EUR

-

Reason for closure

Crossed Off

Court

Pau

Creditor

LE COMPTABLE DU TRESOR DE LESCAR1 RUE ALFAZ DEL PI 64235 LESCAR 

Debtor

DRILLSTAR INDUSTRIES SA 
AV. JOLIOT CURIE 64140 LONS - ZONE INDUSPAL, BILLERE

Pledges

Interest rate

0

 

 

Group Data

 

Ultimate parent company

ARTZAINAK

Direct parent

ARTZAINAK - 100 %

Group – Number of companies

9

Linkages – Number of companies

-

Number of countries

-

 

 

 

NAME

SIREN

PARTS

LAST ACCOUNT PUBLISHED

1

ARTZAINAK

419548516

-

30/09/2013

2

ARMAX

430014399

100 %

30/09/2013

3

BAX

502086788

100 %

30/09/2013

ASMA

424133080

97.39 %

30/09/2013

ETABLISSEMENTS LECOMBLE ET SCHMITT

692720287

99.73 %

30/09/2013

EBL POLYESTER

333660371

100 %

30/09/2013

DCB

479102451

100 %

30/09/2013

2

DRILLSTAR INDUSTRIES

339681850

100 %

30/09/2013

3

BUREAU ETUDES REALISATIONS TECHNIQUES

392877791

34 %

31/12/2013

A.R.S (ANTI RETOUR SYSTEM)

394352561

8 %

30/06/2013

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. ETCHEBEST MICHEL

Manager position

President

Date of birth

08/10/1961

Place of birth

MAULÉON LICHARRE (64)

Type

Individual

Name at birth

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

President

M. ETCHEBEST MICHEL

-

President

M. ETCHEBEST MICHEL

08/10/1961 - MAULEON LICHARRE

President

M. ETCHEBEST MICHEL

08/10/1961 - MAULÉON LICHARRE (64)

Managing director

M. PORFIRIO JEROME

-

Managing director

M. PORFIRIO JEROME

18/03/1968 - RIOM ES MONTAGNES

Managing director

M. PORFIRIO JÉRÔME MARTIAL HENRI

18/03/1968 - RIOM ES MONTAGNES (15)

President of the management board

M. BOURDA JACQUES

-

President of the management board

M. BOURDA JACQUES

25/10/1947 - PAU

President of the supervisory council

M. HOURTICQ PIERRE

-

President of the supervisory council

M. HOURTICQ PIERRE

06/04/1939 - OLORON

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

15/05/2014

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

5159 - 339681850 RCS. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Adresse : Zone Induspal 64140 Lons. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2013.

28/06/2013

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

874 - 339 681 850 RCS Pau. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Administration : Président : ETCHEBEST Michel Commissaire aux comptes titulaire : AUDIT GENEVET CONSEIL (SARL) Commissaire aux comptes suppléant : LARRABURU François. Activité : . 
Commentaires : Modification survenue sur l'administration.

04/06/2013

JAL

Resignation / Revocation of the social representative

Petites Affiches Béarnaises et des Pyrénées-Atlantiques (Les)


Date de décision : 12/04/2013
La société 339681850 - DRILLSTAR INDUSTRIES, AV F ET I JOLIOT CURIE, ZONE INDUSPAL, 64140 LONS 
Fait l'objet du départ de Monsieur Jérôme PORFIRIO

21/05/2013

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

7626 - 339681850 RCS. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Adresse : Zone Induspal 64140 Lons. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2012.

29/05/2012

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

8843 - 339681850 RCS. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Adresse : Zone Induspal 64140 Lons. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2011.

11/07/2011

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

8902 - 339681850 RCS. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Adresse : Zone Induspal 64140 Lons. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2010.

26/06/2011

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

1211 - 339 681 850 RCS Pau. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Administration : Président : ETCHEBEST Michel Directeur général : PORFIRIO Jérôme, Martial, Henri. Activité : . 
Commentaires : Modification survenue sur l'administration.

12/07/2010

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

4715 - 339681850 RCS. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Adresse : Zone Induspal 64140 Lons. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2009.

09/06/2009

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

8331 - 339681850 RCS. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Adresse : Zone Induspal, 64140 Lons. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2008.

24/03/2009

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

1670 - 339 681 850 RCS Pau. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Administration : Président : ETCHEBEST Michel. Directeur général : PORFIRIO Jérôme Martial Henri. 
Commentaires : Modification survenue sur l'administration.

12/12/2008

Bodacc A

Vente et cession : Acheteur

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

1023 - 339 681 850 RCS Pau. DRILLSTAR INDUSTRIES. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Président du Directoire : BOURDA Jacques. Membre du Directoire : LE GIGAN Dominique Georges. Membre du Directoire : ABADIE Christian Joseph Lucien. Membre du Directoire : OLHARAN Jean-Marc. Membre du Directoire : IHLEIN Patrick Jean-Joseph. Président et membre du conseil de surveillance : HOURTICQ Pierre. Membre du Conseil de Surveillance : HARYMBAT Pierre Cyprien. Membre du Conseil de Surveillance : LISSONDE Pierre Georges. Capital : 106714.31 EUR.Adresse : Zone Induspal, 64140 Lons. 
Origine du fonds : Etablissement principal précédemment exploité en location-gérance acquis par achat au prix stipulé de 15244,9 Euros. Etablissement :Etablissement principal. Activité : Fabrication,achat,vente de matériel de sondage et forage et de toutes matières premières destinées à la réalisation de ces derniers produits. Adresse : Zone Induspal, 64140 Lons. 
Précédent propriétaire : DRILLSTAR. 319 805 883 RCS Pau. 
Date de commencement de l’activité : 01/12/1986. Publication légale : Le Sillon des Landes et des Pyrénées Atlantiques du 03/10/2008. Oppositions : Au siège du fonds cédé Zone Induspal 64140 Lons. Commentaires : Achat d'un fonds par le locataire-gérant personne morale.

30/11/2008

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

2833 - 339 681 850 RCS Pau. DRILLSTAR INDUSTRIES. Forme : Société par actions simplifiée. Administration : Président : ETCHEBEST Michel. 
Commentaires : Modification survenue sur l'administration, la forme juridique.

06/07/2008

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE PAU

7356 - 339681850 RCS. DRILLSTAR INDUSTRIES. Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : Zone Induspal, 64140 Lons.Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

15/10/2007

Bodacc C

Avis de dépôt des comptes

4245 - 339 681 850. RCS Pau DRILLSTAR INDUSTRIES. Forme: Société anonyme à directoire et à conseil de surveillance. Adresse du siège social: Zone Induspal, 64140 Lons. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

04/09/2006

Bodacc C

Avis de dépôt des comptes

3660 - RCS Pau B 339 681 850. RC 87-B 4. DRILLSTAR INDUSTRIES. Forme: SOCIETE ANONYME A DIRECTOIRE ET A CONSEIL DE SURVEILLANCE. Adresse du siège social: Zone Induspal,64140 Lons. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

19/07/2006

Bodacc B

Modifications et mutations diverses

1221 - RCS Pau B 339 681 850. RC 87-B 4. DRILLSTAR INDUSTRIES. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Zone induspal,, 64140 Commentaires : modification survenue sur l'administration. Administration : président du directoire : BOURDA (Jacques) (Nom d'usage : BOURDA). Membres du directoire : LE GIGAN (Dominique, Georges) (Nom d'usage : LE GIGAN) ABADIE (Christian, Joseph, Lucien) (Nom d'usage : ABADIE) OLHARAN (Jean, Marc) (Nom d'usage : OLHARAN) IHLEIN (Patrick, Jean, Joseph) (Nom d'usage : IHLEIN). Président et membre du conseil de surveillance : HOURTICQ (Pierre) (Nom d'usage : HOURTICQ). Membres du conseil de surveillance : HARYMBAT (Pierre, Cyprien) (Nom d'usage : HARYMBAT) LISSONDE (Pierre, Georges) (Nom d'usage : LISSONDE). Date d'effet : 31 mars 2006.

28/08/2005

Bodacc C

Avis de dépôt des comptes

5353 - RCS Pau B 339 681 850. RC 87-B 4. DRILLSTAR INDUSTRIES. Forme: SOCIETE ANONYME A DIRECTOIRE ET A CONSEIL DE SURVEILLANCE. Adresse du siège social: Zone Induspal,64140 Lons. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

10/06/2004

Bodacc B

Modifications et mutations diverses

RCS Pau B 339681850 RC 87-B 4 DRILLSTAR INDUSTRIES. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Zone induspal, 64140 Lons. Commentaires : modification survenue sur l'administration. Administration : président du directoire : BOURDA ( Jacques) ( Nom d'usage : BOURDA). Membres du directoire : ABADIE ( Christian, Joseph, Lucien) ( Nom d' usage : ABADIE) OLHARAN (Jean, Marc) ( Nom d'usage : OLHARAN) IHLEIN ( Patrick, Jean, Joseph) ( Nom d'usage : IHLEIN) LE GIGAN (Dominique, Georges) ( Nom d'usage : LE GIGAN). Président et membre du conseil de surveillance : HOURTICQ (Pierre) ( Nom d'usage : HOURTICQ). Membres du conseil de surveillance : HARYMBAT (Pierre, Cyprien) ( Nom d'usage : HARYMBAT) LISSONDE (Pierre, Georges) ( Nom d' usage : LISSONDE). Date d'effet : 27 novembre 2002.

10/06/2004

Bodacc B

Modifications et mutations diverses

RCS Pau B 339681850 RC 87-B 4 DRILLSTAR INDUSTRIES. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Zone induspal, 64140 Lons. Commentaires : modification survenue sur l'administration. Administration : président du directoire : LE GIGAN ( Dominique, Georges) ( Nom d'usage : LE GIGAN). Membres du directoire : ABADIE ( Christian, Joseph, Lucien) ( Nom d' usage : ABADIE) OLHARAN (Jean, Marc) ( Nom d'usage : OLHARAN) BOURDA ( Jacques) ( Nom d'usage : BOURDA) IHLEIN (Patrick, Jean, Joseph) ( Nom d' usage : IHLEIN). Président et membre du conseil de surveillance : HOURTICQ ( Pierre) ( Nom d'usage : HOURTICQ). Membres du conseil de surveillance : HARYMBAT (Pierre, Cyprien) ( Nom d' usage : HARYMBAT) LISSONDE (Pierre, Georges) ( Nom d'usage : LISSONDE). Date d'effet : 1 e r février 2004.

03/11/1998

Bodacc B

Modifications et mutations diverses

RCS Pau B 339 681 850 RC 87-B 4 DRILLSTAR INDUSTRIES. Forme : S.A. à directoire et conseil de surveillance. Capital : 700 000 F. Adresse du siège social : zone Induspal Lons 64140 Billère. Administration : nomination en qualité de président et membre du conseil de surveillance : HOURTICQ ( Pierre), en remplacement de BESSON ( Jack). Date d'effet : 16 juin 1998.

17/10/1998

Bodacc B

Modifications et mutations diverses

RCS Pau B 339 681 850 RC 87-B 4 DRILLSTAR INDUSTRIE. Forme : S.A. à directoire et conseil de surveillance. Capital : 700 000 F. Adresse du siège social : zone Induspal Lons 64140 Billère. Administration : membre du directoire démissionnaire : CRISTOBAL ( Jean-Claude). Nouveau membre du directoire : OLHARAN (Jean-Marc). Date d'effet : 2 octobre 1996.

11/03/1995

Bodacc B

Modifications et mutations diverses

RCS Pau B 339 681 850 RC 87-B 4 DRILLSTAR INDUSTRIES. Forme : S.A. à directoire et conseil de surveillance. Capital : 700 000 F. Adresse du siège social : zone Induspal Lons 64140 Billère. Administration : nouveau membre du conseil de surveillance : LISSONDE ( Georges), en remplacement de GRACIER ( Louis), démissionnaire. Nouveaux membres du directoire : ABADIE ( Christian) CRISTOBAL (Jean-Claude) IHLEIN (Patrick) et PEBERNET (Roland). Nouveau président du directoire : BOURDA (Jacques), en remplacement de HOURTICQ (Pierre), démissionnaire. Date d'effet : 8 novembre 1994.

 

 

Company events history

 

Date

Description

07/06/2014

Update Limit

07/06/2014

Update Rating

15/05/2014

Update Rating

15/05/2014

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

15/05/2014

Bodacc C : Deposit accounts notice

15/10/2013

Update Rating

30/09/2013

New accounts available

18/07/2013

Update Limit

18/07/2013

Update Rating

28/06/2013

Bodacc B: Various editing or changing

18/06/2013

Changes to the Board of Directors

18/06/2013

Amendment

04/06/2013

Legal Gazette: Resignation / Revocation of the social representative

21/05/2013

Bodacc C : Deposit accounts notice

07/05/2013

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

31/12/2012

Update of Company Activity

31/12/2012

Modification of Company Activity

30/09/2012

New accounts available

03/08/2012

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

29/05/2012

Bodacc C : Deposit accounts notice

30/09/2011

New accounts available

26/08/2011

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

11/07/2011

Bodacc C : Deposit accounts notice

26/06/2011

Bodacc B: Various editing or changing

01/06/2011

New auditor

01/06/2011

Minutes of general meeting of shareholders

15/10/2010

New participations in other companies

15/10/2010

New subsidiarie(s) detected

15/10/2010

New ultimate parent

15/10/2010

New parent detected

30/09/2010

New accounts available

12/07/2010

Bodacc C : Deposit accounts notice

29/01/2010

Preferential right lapsed

30/09/2009

New accounts available

31/08/2009

Unfiling of a Tax Office preferential right

31/08/2009

New Filling of Tax Office preferential right

09/06/2009

Bodacc C : Deposit accounts notice

24/03/2009

Bodacc B: Various editing or changing

10/03/2009

Appointment/resignation of company officers

10/03/2009

Minutes of general meeting of shareholders

10/03/2009

Private document

10/03/2009

Amendment

12/12/2008

Bodacc A : Sale and transfer

12/12/2008

New Bodacc A ads detected

30/11/2008

New Bodacc B ads detected

30/11/2008

Bodacc B: Various editing or changing

03/11/2008

Appointment/resignation of company officers

03/11/2008

Audit or Management Report

03/11/2008

Audit or Management Report

03/11/2008

Minutes of general meeting of shareholders

03/11/2008

Minutes of general meeting of shareholders

03/11/2008

New chairman (CEO, CoB)

03/11/2008

New closing date

03/11/2008

New closing date

03/11/2008

New legal form – new category

03/11/2008

New legal form – no new category

03/11/2008

Private document

03/11/2008

Updated articles of association

03/11/2008

Updated articles of association

30/09/2008

Update of Company Legal Form

30/09/2008

Other modification of Establishment (error correction)

30/09/2008

New accounts available

29/07/2008

Collection of preferential rights activated for this company

06/07/2008

Bodacc C : Deposit accounts notice

31/12/2007

New accounts available

31/12/2006

New accounts available

11/05/2006

Amendment

11/05/2006

Minutes of general meeting of shareholders

11/05/2006

New chairman (CEO, CoB)

11/05/2006

Private document

11/05/2006

Audit or Management Report

31/12/2005

New accounts available

31/12/2004

New accounts available

06/05/2004

Private document

06/05/2004

Minutes of general meeting of shareholders

06/05/2004

Audit or Management Report

06/05/2004

Amendment

06/05/2004

Appointment/resignation of company officers

31/12/2003

New accounts available

29/09/1998

Minutes of general meeting of shareholders

29/09/1998

Appointment/resignation of company officers

29/09/1998

Amendment

29/09/1998

Private document

23/09/1998

Amendment

23/09/1998

Appointment/resignation of company officers

23/09/1998

Minutes of general meeting of shareholders

23/09/1998

Private document

20/01/1995

Minutes of general meeting of shareholders

20/01/1995

Changes to the Board of Directors

20/01/1995

Appointment/resignation of company officers

20/01/1995

Amendment

23/12/1993

Amendment

23/12/1993

Appointment/resignation of company officers

23/12/1993

Changes to the Board of Directors

23/12/1993

Minutes of general meeting of shareholders

23/12/1993

New auditor

26/11/1991

Changes to the Board of Directors

26/11/1991

Appointment/resignation of company officers

26/11/1991

Minutes of general meeting of shareholders

 

 

Synthesized Accounts

 

Annual Accounts

 

30/09/2013

30/09/2012

30/09/2011

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

14/05/2014

06/05/2013

30/05/2012

Activity Code

2562B

2562B

2562B

Employees

50

0

51

 

 

Active account

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

1,384,582

6.6 %

1,298,683

62.8 %

797,780

86,720

1496.6 %

 Intangible assets

373,438

28.5 %

290,704

135.3 %

123,528

2,605

14235.4 %

 Tangible assets

649,521

1.9 %

637,722

39.0 %

458,845

53,339

1117.7 %

 Financial assets

361,623

-2.3 %

370,257

71.9 %

215,407

2,175

16526.3 %

Net current assets

3,609,352

-7.2 %

3,888,247

3.3 %

3,765,350

354,244

918.9 %

 Stocks

2,047,837

-2.6 %

2,102,954

17.2 %

1,794,321

22,279

9092.0 %

 Advanced payments

19,174

-3.0 %

19,776

45.3 %

13,614

0

0%

 Receivables

1,541,045

-7.2 %

1,661,322

-15.0 %

1,954,418

178,210

764.7 %

 Securities and cash

1,296

-98.8 %

104,195

3376.6 %

2,997

68,301

-98.1 %

 Prepaid expenses

-

-

-

-

-

707

-

Accounts of regularization

197

-49.6 %

391

-11.1 %

440

0

0%

Total Assets

4,994,129

-3.7 %

5,187,324

13.7 %

4,563,572

472,870

956.1 %

 

 

Passive Account

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Shareholders' equity

2,386,405

6.2 %

2,247,034

-1.5 %

2,280,589

185,260

1188.1 %

Share capital

106,714

0%

106,714

0%

106,714

37,277

186.3 %

Other capital resources

50,000

1716.2 %

2,753

-93.3 %

41,083

0

0%

Risk Provisions

21,697

5449.1 %

391

-97.6 %

16,440

0

0%

Liabilities

2,535,575

-13.7 %

2,936,911

32.0 %

2,225,456

239,195

960.0 %

 Financial liabilities

1,072,063

-11.3 %

1,208,933

79.1 %

675,048

52,164

1955.2 %

 Advanced payments received

71,478

-26.9 %

97,777

109.4 %

46,690

0

0%

 Trade account payables

823,412

-28.4 %

1,149,787

25.9 %

913,587

57,396

1334.6 %

 Tax and social liabilities

467,388

0.4 %

465,724

-4.7 %

488,645

98,360

375.2 %

 Other debts and fixed assets liabilities

101,684

593.5 %

14,662

-81.5 %

79,428

1,507

6647.4 %

Account regularization

0

0%

263

-98.8 %

22,062

0

0%

Total liabilities

4,994,129

-3.7 %

5,187,323

13.7 %

4,563,572

472,870

956.1 %

 

 

Results

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Sales of Goods

7,534,300

-1.4 %

7,644,854

1.7 %

7,514,131

742,060

915.3 %

Net turnover

7,256,503

0.8 %

7,195,385

1.5 %

7,085,694

728,152

896.6 %

 of which net export turnover

3,523,740

109.9 %

1,678,797

-53.2 %

3,584,255

0

0%

Operating charges

7,495,221

-0.7 %

7,547,770

4.9 %

7,198,635

707,309

959.7 %

Operating profit/loss

39,079

-59.7 %

97,084

-69.2 %

315,496

27,628

41.4 %

Financial income

2,883

-32.5 %

4,272

-83.2 %

25,377

123

2253.5 %

Financial charges

35,906

11.1 %

32,307

-38.0 %

52,082

2,174

1551.6 %

Financial profit/loss

-33,023

-17.8 %

-28,035

-5.0 %

-26,705

-965

-3323.8 %

Pretax net operating income

6,056

-91.2 %

69,049

-76.1 %

288,791

25,036

-75.8 %

Extraordinary income

15,866

-61.1 %

40,768

110.7 %

19,346

712

2128.4 %

Extraordinary charges

58,009

-6.6 %

62,100

1129.0 %

5,053

321

17971.3 %

Extraordinary profit/loss

-42,143

-97.6 %

-21,332

-249.2 %

14,293

0

0%

Net result

98,676

-41.1 %

167,406

-55.1 %

372,671

24,659

300.2 %

 

 

Accounts – Active

 

Normal Account

 

30/09/2013

30/09/2012

30/09/2011

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Grand Total (I to VI)

Net

4,994,129

-3.7 %

5,187,324

13.7 %

4,563,572

Gross

CO

7,563,163

-2.9 %

7,788,567

10.0 %

7,077,783

Amortisation

1A

2,569,034

-1.2 %

2,601,243

3.5 %

2,514,211

 

 

Non declared distributed capital (I)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total Active fixed asset (II)

Net

1,384,582

6.6 %

1,298,683

62.8 %

797,780

Gross

BJ

3,795,670

0.2 %

3,786,802

18.4 %

3,198,583

Amortisation

BK

2,411,088

-3.1 %

2,488,119

3.6 %

2,400,803

 

Intangible fixed assets

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

334,199

35.9 %

245,885

232.1 %

74,042

Gross

CX

352,062

38.8 %

253,557

242.5 %

74,042

Amortisation

AE

17,863

132.8 %

7,672

0%

0

Distributorships, patents

Net

23,994

-18.9 %

29,574

-13.6 %

34,241

Gross

AF

176,382

1.0 %

174,716

1.5 %

172,142

Amortisation

AG

152,388

5.0 %

145,142

5.3 %

137,901

Goodwill

Net

15,245

0%

15,245

0%

15,245

Gross

AH

15,245

0%

15,245

0%

15,245

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

0

0%

0

0%

0

Amortisation

AK

0

0%

0

0%

0

Pre-payments and downpayments

Net

0

0%

0

0%

0

Gross

AL

0

0%

0

0%

0

Amortisation

AM

0

0%

0

0%

0

Sub Total Intangible asset

Net

373,438

28.5 %

290,704

135.3 %

123,528

 

 

Tangilble fixed assets

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Lands

Net

0

0%

0

0%

0

Gross

AN

0

0%

0

0%

0

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

227,349

35.0 %

168,457

7.1 %

157,352

Gross

AP

408,423

24.1 %

329,221

7.6 %

305,855

Amortisation

AQ

181,074

12.6 %

160,764

8.3 %

148,503

Plant

Net

379,621

30.9 %

290,084

13.9 %

254,609

Gross

AR

2,356,861

-1.3 %

2,386,909

4.4 %

2,286,648

Amortisation

AS

1,977,240

-5.7 %

2,096,825

3.2 %

2,032,039

Other tangible fixed assets

Net

16,739

-17.6 %

20,318

45.0 %

14,014

Gross

AT

99,262

1.3 %

98,034

1.7 %

96,374

Amortisation

AU

82,523

6.2 %

77,716

-5.6 %

82,360

Fixed assets in construction

Net

25,812

-83.8 %

158,863

383.3 %

32,870

Gross

AV

25,812

-83.8 %

158,863

383.3 %

32,870

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

0

0%

0

0%

0

Gross

AX

0

0%

0

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

649,521

1.9 %

637,722

39.0 %

458,845

 

 

Financial assets

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Associates at equity

Net

0

0%

0

0%

0

Gross

CS

0

0%

0

0%

0

Amortisation

CT

0

0%

0

0%

0

Other participations

Net

0

0%

0

0%

0

Gross

CU

0

0%

0

0%

0

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

8,266

1.9 %

8,113

-44.0 %

14,489

Gross

BD

8,266

1.9 %

8,113

-44.0 %

14,489

Amortisation

BE

0

0%

0

0%

0

Loans

Net

283,800

0%

283,800

0%

0

Gross

BF

283,800

0%

283,800

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

69,557

-11.2 %

78,344

-61.0 %

200,918

Gross

BH

69,557

-11.2 %

78,344

-61.0 %

200,918

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

361,623

-2.3 %

370,257

71.9 %

215,407

 

 

Current Assets (III)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total Assets

Net

3,609,352

-7.2 %

3,888,247

3.3 %

3,765,350

Gross

CJ

3,767,297

-5.8 %

4,001,373

3.2 %

3,878,760

Amortisation

CK

157,945

39.6 %

113,126

-0.3 %

113,410

 

 

Stocks

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Raw materials

Net

514,142

-10.4 %

573,573

23.0 %

466,471

Gross

BL

573,434

-7.2 %

617,658

25.3 %

492,897

Amortisation

BM

59,292

34.5 %

44,085

66.8 %

26,426

Work in progress (goods)

Net

991,567

0.4 %

987,734

67.1 %

591,252

Gross

BN

997,755

1.0 %

987,734

67.1 %

591,252

Amortisation

BO

6,188

0%

0

0%

0

Work in progress (services)

Net

0

0%

0

0%

-21,001

Gross

BP

0

0%

0

0%

0

Amortisation

BQ

0

0%

0

0%

21,001

Semi-finished and finished products

Net

538,231

-0.6 %

541,495

-28.5 %

757,447

Gross

BR

600,250

0.7 %

596,103

-27.3 %

820,130

Amortisation

BS

62,019

13.6 %

54,608

-12.9 %

62,683

Goods for resale

Net

3,897

2463.8 %

152

0%

152

Gross

BT

3,973

2513.8 %

152

0%

152

Amortisation

BU

76

0%

0

0%

0

Sub Total Stocks

Net

2,047,837

-2.6 %

2,102,954

17.2 %

1,794,321

 

 

Advance payments to suppliers

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Advance payments to suppliers

Net

19,174

-3.0 %

19,776

45.3 %

13,614

Gross

BV

19,174

-3.0 %

19,776

45.3 %

13,614

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Trade accounts receivable

Net

943,222

-19.3 %

1,168,894

4.7 %

1,116,835

Gross

BX

973,592

-17.7 %

1,183,327

5.6 %

1,120,135

Amortisation

BY

30,370

110.4 %

14,433

337.4 %

3,300

Other debtors

Net

563,626

24.1 %

454,066

-43.6 %

805,079

Gross

BZ

563,626

24.1 %

454,066

-43.6 %

805,079

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

1,506,848

-7.2 %

1,622,960

-15.6 %

1,921,914

 

 

Divers

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Investment securities

Net

0

0%

0

0%

0

Gross

CD

0

0%

0

0%

0

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

1,296

-98.8 %

104,195

3376.6 %

2,997

Gross

CF

1,296

-98.8 %

104,195

3376.6 %

2,997

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

1,296

-98.8 %

104,195

3376.6 %

2,997

 

 

Prepaid expenses

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Prepaid expenses

Net

34,197

-10.9 %

38,362

18.0 %

32,504

Gross

CH

34,197

-10.9 %

38,362

18.0 %

32,504

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Multi-period charges

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

197

-49.6 %

391

-11.1 %

440

Gross

197

-49.6 %

391

-11.1 %

440

 

 

References

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Due within one year

CP

56,760

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Grand Total (I to V)

EE

4,994,129

-3.7 %

5,187,323

13.7 %

4,563,572

 

 

Shareholder Equity (I)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total shareholders' equity (Total I)

DL

2,386,405

6.2 %

2,247,034

-1.5 %

2,280,589

Equity and shareholders' equity

DA

106,714

0%

106,714

0%

106,714

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

10,671

0%

10,671

0%

10,671

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

471,946

0%

471,946

0%

471,946

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

1,283,489

0%

1,283,489

0%

1,283,489

Profit or loss for the period

DI

98,676

-41.1 %

167,406

-55.1 %

372,671

Investment grants

DJ

325,324

100.0 %

162,662

0%

0

Special tax-allowable reserves

DK

89,585

102.9 %

44,146

25.8 %

35,098

 

 

Other capital resources (II)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total other capital resources (Total II)

DO

50,000

1716.2 %

2,753

-93.3 %

41,083

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

50,000

1716.2 %

2,753

-93.3 %

41,083

 

 

Provisions for risks and charges (III)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total provisions for risks and charges (Total III)

DR

21,697

5449.1 %

391

-97.6 %

16,440

Risk provisions

DP

21,697

5449.1 %

391

-97.6 %

16,440

Reserves for charges

DQ

0

0%

0

0%

0

 

 

Liabilities (IV)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total Liabilities (Total IV)

EC

2,535,575

-13.7 %

2,936,911

32.0 %

2,225,456

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

763,700

-23.2 %

994,590

61.6 %

615,332

Sundry loans and financial liabilities

DV

308,363

43.9 %

214,343

258.9 %

59,716

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

71,478

-26.9 %

97,777

109.4 %

46,690

Trade accounts payables

DX

823,412

-28.4 %

1,149,787

25.9 %

913,587

Tax and social security liabilities

DY

467,388

0.4 %

465,724

-4.7 %

488,645

Fixed asset liabilities

DZ

0

0%

0

0%

0

Other debts

EA

101,233

601.7 %

14,427

-81.8 %

79,424

 

 

Translation loss (V)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Translation loss (Total V)

ED

451

91.9 %

235

5775.0 %

4

 

 

Equalization accounts

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Deferred income

EB

0

0%

263

-98.8 %

22,062

 

 

References

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

1,714,784

-24.0 %

2,257,163

19.2 %

1,893,660

Of which current bank facilities

EH

14,052

-92.4 %

185,606

-19.4 %

230,179

 

 

Result account

 

1 - Operating result (I-II)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Operating result (Total I-II)

GG

39,079

-59.7 %

97,084

-69.2 %

315,496

 

 

2 - Financial result (V-VI)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Financial result (Total V-VI)

GV

-33,023

-17.8 %

-28,035

-5.0 %

-26,705

 

 

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

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

GW

6,056

-91.2 %

69,049

-76.1 %

288,791

 

 

4 - Extraordinary result (VII-VIII)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Extraordinary result (Total VII-VIII)

HI

-42,143

-97.6 %

-21,332

-249.2 %

14,293

 

 

Profit or loss

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Profit or loss

HN

98,676

-41.1 %

167,406

-55.1 %

372,671

 

 

Total Income (I+III+V+VII)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

HL

7,553,049

-1.8 %

7,689,894

1.7 %

7,558,854

 

 

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

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

HM

7,454,374

-0.9 %

7,522,488

4.7 %

7,186,182

 

 

Operating income (I)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total operating income (Total I)

FR

7,534,300

-1.4 %

7,644,854

1.7 %

7,514,131

 

 

Operating income (details)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Sale of goods for resale

FC

37,288

17.0 %

31,870

-80.4 %

162,925

France

FA

18,569

66.2 %

11,170

0%

0

Export

FB

18,719

-9.6 %

20,700

-87.3 %

162,925

Sale of goods produced

FF

6,002,214

-3.7 %

6,232,893

11.6 %

5,584,563

France

FD

3,170,597

-33.2 %

4,743,137

61.8 %

2,931,860

Export

FE

2,831,617

90.1 %

1,489,756

-43.8 %

2,652,703

Sale of services

FI

1,217,001

30.8 %

930,622

-30.5 %

1,338,206

France

FG

543,597

-28.7 %

762,281

33.8 %

569,579

Export

FH

673,404

300.0 %

168,341

-78.1 %

768,627

Net turnover

FL

7,256,503

0.8 %

7,195,385

1.5 %

7,085,694

France

FJ

3,732,763

-32.3 %

5,516,588

57.6 %

3,501,439

Export

FK

3,523,740

109.9 %

1,678,797

-53.2 %

3,584,255

Stocked production

FM

14,167

-91.8 %

172,454

21.7 %

141,649

Self-constructed assets

FN

135,426

-11.8 %

153,606

37.0 %

112,081

Operating grants

FO

6,750

-76.2 %

28,362

-60.2 %

71,218

Release of reserves and provisions

FP

120,769

27.1 %

95,023

-8.2 %

103,471

Other income

FQ

685

2754.2 %

24

33.3 %

18

 

 

Operating charges (II)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total operating charges (Total II)

GF

7,495,221

-0.7 %

7,547,770

4.9 %

7,198,635

 

 

Exploitation charges

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Purchase of goods for resale

FS

31,558

119.8 %

14,358

-89.2 %

132,840

Change in stocks of goods for resale

FT

-3,821

0%

0

0%

-152

Purchase of raw materials

FU

2,210,790

-16.1 %

2,636,052

11.6 %

2,362,729

Change in stocks of raw materials

FV

44,224

135.4 %

-124,761

-476.1 %

-21,658

Other external purchases and charges

FW

2,333,855

4.5 %

2,234,162

5.2 %

2,123,075

Tax, duty and similar payments

FX

144,915

7.0 %

135,462

7.1 %

126,458

Payroll

FY

1,713,231

-1.5 %

1,739,531

11.9 %

1,554,186

Social security costs

FZ

714,722

-5.3 %

754,814

7.2 %

704,251

 

 

Depreciation

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Depreciation of fixed assets

GA

138,346

37.1 %

100,879

4.1 %

96,948

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

48,120

132.3 %

20,717

-70.8 %

70,986

Provisions for risks and charges

GD

21,500

0%

0

0%

16,000

 

 

Other charges

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Other charges

GE

97,781

167.5 %

36,556

10.9 %

32,972

 

 

Operating charges (III-IV)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total financial income (Total V)

GP

2,883

-32.5 %

4,272

-83.2 %

25,377

Share financial income

GJ

0

0%

0

0%

100

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

1,462

-56.6 %

3,366

49.1 %

2,257

Released provisions and transferred charges

GM

391

-11.1 %

440

-96.6 %

12,990

Exchange gains

GN

1,004

144.3 %

411

-95.8 %

9,824

Net income from disposal of investment securities

GO

26

-52.7 %

55

-73.3 %

206

 

 

Financial charge (VI)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total financial charge (Total VI)

GU

35,906

11.1 %

32,307

-38.0 %

52,082

Financial reserves and provisions

GQ

197

-49.6 %

391

-11.1 %

440

Interest and similar charges

GR

34,419

12.7 %

30,542

-23.7 %

40,027

Exchange losses

GS

1,290

-6.1 %

1,374

-88.2 %

11,615

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total extraordinary income (Total VII)

HD

15,866

-61.1 %

40,768

110.7 %

19,346

Extraordinary operating income

HA

325

66.7 %

195

-97.8 %

8,703

Extraordinary income from capital transactions

HB

8,957

-74.1 %

34,593

2206.2 %

1,500

Released provisions and transferred charges

HC

6,584

10.1 %

5,980

-34.6 %

9,143

 

 

Extraordinary charges (VIII)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total extraordinary charges (Total VIII)

HH

58,009

-6.6 %

62,100

1129.0 %

5,053

Extraordinary operating charges

HE

280

-98.4 %

17,364

6845.6 %

250

Extraordinary charges from capital transactions

HF

0

0%

21,881

0%

0

Extraordinary reserves and provisions

HG

57,729

152.6 %

22,855

375.8 %

4,803

 

 

Employee profit sharing (IX)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

 

Tax on profits (X)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Tax on profits (Total X)

HK

-134,762

-12.6 %

-119,689

-72.0 %

-69,588

 

 

References

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Of which equipment leases

HP

250,209

-15.3 %

295,355

12.1 %

263,421

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

117,469

102.5 %

58,023

-42.5 %

100,930

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

72,140

97.4 %

36,552

10.9 %

32,968

 

 

OTHER INCOMES TAX RETURN FORMS

 

FIXED ASSETS

 

GRAND TOTAL FIXED ASSETS (I TO IV)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Gross value at begin of period

OG

0

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

0

0%

0

0%

0

Decreasess by budget item transfer

OK1

0

0%

0

0%

82,487

Decreasess by transfers

OK2

439,303

82.9 %

240,219

265.9 %

65,647

Gross value at the end of period

OL

3,795,669

0.2 %

3,786,802

18.4 %

3,198,583

 

 

Research and development Charge (Total I)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Gross value at begin of period

CZ

253,557

242.5 %

74,042

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

102,971

-42.6 %

179,515

142.5 %

74,042

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

4,466

0%

0

0%

0

Gross value at the end of period

DO

352,062

38.8 %

253,557

242.5 %

74,042

 

 

Other budget item from Intangible fixed assets (Total II)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Gross value at begin of period

KD

189,961

1.4 %

187,387

1.6 %

184,387

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

1,666

-35.3 %

2,574

-14.2 %

3,000

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

191,627

0.9 %

189,961

1.4 %

187,387

 

 

Tangible fixed assets (Total III)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Gross value at begin of period

LN

2,973,028

9.2 %

2,721,747

5.2 %

2,587,999

Increasess due to revaluation

LO

0

0%

0

0%

1,290

Increasess, acquisitions, creations, contributions

LP

297,903

1.5 %

293,566

42.5 %

206,054

Decreasess by budget item transfer

NG1

0

0%

0

0%

82,487

Decreasess by transfers

NG2

380,572

800.0 %

42,286

575.5 %

-8,893

Gross value at the end of period

NH

2,890,359

-2.8 %

2,973,027

9.2 %

2,721,749

 

 

Financial assets (Total IV)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Gross value at begin of period

LQ

370,257

71.9 %

215,407

8.8 %

197,909

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

45,631

-87.1 %

352,785

283.3 %

92,038

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

54,265

-72.6 %

197,934

165.5 %

74,540

Gross value at the end of period

NK

361,623

-2.3 %

370,258

71.9 %

215,407

 

Reserve for depreciation

 

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

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Reserve for depreciation value at begin of period

PE

145,142

5.3 %

137,901

7.1 %

128,745

Increases

PF

7,246

0.1 %

7,241

-20.9 %

9,156

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

152,388

5.0 %

145,142

5.3 %

137,901

 

 

Total fixed assets amotisation (Total III)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Reserve for depreciation value at begin of period

QU

2,329,171

2.9 %

2,262,901

4.5 %

2,166,217

Increases

QV

122,148

39.3 %

87,659

-0.2 %

87,793

Decreases

QW

216,614

912.7 %

21,390

340.5 %

-8,893

Decreasess by budget item transfer

QX

2,234,705

-4.1 %

2,329,170

2.9 %

2,262,903

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Net value at begin of period

SP1

0

0%

0

0%

0

Increases

SP2

4,466

0%

0

0%

0

Depreciation of fixed assets during period

SP

352,062

38.8 %

253,557

242.5 %

74,042

Net value at the end of period

SR

0

0%

0

0%

0

 

 

Provisions included in balance sheet

 

Grand Total (I-II-III)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Value at begining of period

7C

163,797

-0.7 %

164,946

69.4 %

97,391

Increases

UB

220,534

421.7 %

42,271

-67.8 %

131,352

Decreases

UC

108,969

151.0 %

43,420

-31.9 %

63,797

Value at the end of period

UD

275,362

68.1 %

163,797

-0.7 %

164,946

 

 

Includes Total allocations

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Operating

UE

69,620

236.1 %

20,717

-76.2 %

86,986

Financial

UG

197

-49.6 %

391

-11.1 %

440

Exceptional

UJ

52,024

145.8 %

21,162

340.6 %

4,803

 

 

Includes Total Withdrawal

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Operating

UF

3,300

-91.1 %

37,001

1356.2 %

2,541

Financial

UH

391

-11.1 %

440

-96.6 %

12,990

Exceptional

UK

6,584

10.1 %

5,980

-34.6 %

9,143

 

 

Total regulated provisions (Total I)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Value at begining of period

3Z

44,146

25.8 %

35,098

-11.0 %

39,438

Increases

TS

52,024

246.2 %

15,028

212.9 %

4,803

Decreases

TT

6,584

10.1 %

5,980

-34.6 %

9,143

Value at the end of period

TU

89,586

102.9 %

44,146

25.8 %

35,098

 

 

Total risk and charge provisions (Total II)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Value at begining of period

5Z

391

-97.6 %

16,440

5.9 %

15,531

Increases

TV

21,697

5449.1 %

391

-97.6 %

16,440

Decreases

TW

391

-97.6 %

16,440

5.9 %

15,531

Value at the end of period

TX

21,697

5449.1 %

391

-97.6 %

16,440

 

 

Total Provision for depreciation (Total III)

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Value at begining of period

7B

119,260

5.2 %

113,409

167.3 %

42,423

Increases

TY

146,813

446.7 %

26,852

-75.6 %

110,109

Decreases

TZ

101,993

385.7 %

21,001

-46.3 %

39,123

Value at the end of period

UA

164,080

37.6 %

119,260

5.2 %

113,409

 

 

State deadlines claims and debts at the end of period

 

State claims

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Gross value

VT

1,924,772

-5.6 %

2,037,900

-5.6 %

2,158,636

1 year at most

VU

1,628,175

-2.8 %

1,675,756

-14.4 %

1,957,718

More than one year

VV

296,597

-18.1 %

362,144

80.2 %

200,918

 

State of loans

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

283,800

0%

283,800

0%

0

Loans (1 year at most)

UR

56,760

0%

0

0%

0

Other financial assets (gross)

UT

69,557

-11.2 %

78,344

-61.0 %

200,918

Other financial assets (1 year at most)

UV

0

0%

0

0%

0

 

 

Receivables statement of assets

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Customers doubtful or disputed

VA

31,959

21.9 %

26,212

564.1 %

3,947

Other claims customer

UX

941,634

-18.6 %

1,157,115

3.7 %

1,116,187

Receivables represent Loaned Securities

UU

0

0%

0

0%

0

Provision for depreciation previously established

UQ

0

0%

0

0%

0

Personnel and associated accounts

UY

0

0%

16,027

64008.0 %

25

Social Security and other social organizations

UZ

5,477

108.0 %

2,633

-26.5 %

3,581

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

74,675

-29.6 %

106,030

33.7 %

79,283

Other taxes and payments assimilated

VN

0

0%

0

0%

0

State and other public - Miscellaneous

VP

58,624

228.2 %

17,860

-55.4 %

40,000

Group and Associates

VC

286,538

12.5 %

254,779

-9.1 %

280,408

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

VR

138,312

143.8 %

56,737

-85.9 %

401,783

 

 

Prepaid

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Prepaid

VS

34,197

-10.9 %

38,362

18.0 %

32,504

 

 

State Debt

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Total debt (gross)

VY

2,464,097

-13.2 %

2,839,133

30.3 %

2,178,766

1 year at most

VZ2

1,714,784

-24.0 %

2,257,162

19.2 %

1,893,660

More than 1 year and 5 years at most

VZ3

688,312

18.3 %

581,971

104.1 %

285,106

More than 5 years

VZ4

61,001

0%

0

0%

0

 

 

Details

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

14,052

-92.4 %

185,606

-19.4 %

230,179

1 year at most

VG2

14,052

-92.4 %

185,606

-19.4 %

230,179

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

749,648

-7.3 %

808,984

110.0 %

385,153

1 year at most

VH2

135,603

-55.0 %

301,029

88.7 %

159,504

More than 1 year and 5 years at most

VH3

558,045

9.9 %

507,955

125.1 %

225,649

Loans and various financial liabilities (gross)

8A1

308,363

43.9 %

214,343

258.9 %

59,716

1 year at most

8A2

173,094

23.3 %

140,328

54080.7 %

259

More than 1 year and 5 years at most

8A3

130,268

76.0 %

74,015

24.5 %

59,457

Suppliers and associated accounts (gross)

8B1

823,412

-28.4 %

1,149,787

25.9 %

913,587

1 year at most

8B2

823,412

-28.4 %

1,149,787

25.9 %

913,587

More than 1 year and 5 years at most

8B3

823,412

-28.4 %

1,149,787

25.9 %

913,587

Personnel and associated accounts (gross)

8C1

153,478

-8.8 %

168,271

-4.9 %

176,849

1 year at most

8C2

153,478

-8.8 %

168,271

-4.9 %

176,849

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

195,613

-8.1 %

212,798

1.5 %

209,645

1 year at most

8D2

195,613

-8.1 %

212,798

1.5 %

209,645

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

68,227

62.3 %

42,044

-6.2 %

44,823

1 year at most

VW2

68,227

62.3 %

42,044

-6.2 %

44,823

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

50,071

17.5 %

42,611

-25.7 %

57,328

1 year at most

VQ2

50,071

17.5 %

42,611

-25.7 %

57,328

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

0

0%

0

1 year at most

8J2

0

0%

0

0%

0

More than 1 year and 5 years at most

8J3

0

0%

0

0%

0

More than 5 years

8J4

0

0%

0

0%

0

Groups and associates (gross)

VI1

0

0%

0

0%

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

101,233

601.7 %

14,427

-81.8 %

79,424

1 year at most

8K2

101,233

601.7 %

14,427

-81.8 %

79,424

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%

263

-98.8 %

22,062

1 year at most

8L2

0

0%

263

-98.8 %

22,062

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

 

References

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Loans made during the period

VJ

182,005

-77.1 %

794,083

1034.4 %

70,000

Debt repaid during the period

VK

147,015

-7.2 %

158,403

-4.5 %

165,892

 

 

Table allocation results and other information

 

Dividends distributed

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Commitments leasing furniture

YQ

700,500

27.3 %

550,316

-1.6 %

559,010

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

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

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

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Average number of employees

YP

50

0%

0

0%

51

 

Groups and Shareholders

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Fixed Asset Financing

1.56

2.6 %

1.52

-6.2 %

1.62

1.51

3.3 %

Global Debt

126 days

-14.3 %

147 days

30.1 %

113 days

117 days

7.7 %

Working Capital Fund overall net

106 days

7.1 %

99 days

-2.0 %

101 days

83 days

27.7 %

Financial independence

222.60 %

19.8 %

185.87 %

-45.0 %

337.84 %

235.07 %

-5.3 %

Solvability

48.79 %

12.5 %

43.37 %

-14.7 %

50.87 %

44.75 %

9.0 %

Capacity debt futures

1,594.60 %

245.3 %

461.75 %

-21.1 %

585.24 %

1,098.58 %

45.2 %

Coverage of current assets by net working capital overall

57.10 %

14.6 %

49.83 %

-3.4 %

51.61 %

48.65 %

17.4 %

General Liquidity

0.95

28.4 %

0.74

-28.2 %

1.03

0.89

6.7 %

Restricted Liquidity

0.95

20.3 %

0.79

-24.0 %

1.04

1.39

-31.7 %

 

 

Management or rotation

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Need background in operating working capital

105 days

4.0 %

101 days

-9.8 %

112 days

30 days

250.0 %

Treasury

-1 days

75.0 %

-4 days

66.7 %

-12 days

25 days

-104.0 %

Inventory turnover of goods

52 days

1200.0 %

4 days

0%

0 days

0 days

0%

Average length of credit granted to customers

48 days

-18.6 %

59 days

3.5 %

57 days

72 days

-33.3 %

Average length of credit obtained suppliers

64 days

-26.4 %

87 days

20.8 %

72 days

59 days

8.5 %

Inventory turnover of raw materials in industrial enterprises

93 days

10.7 %

84 days

20.0 %

70 days

41 days

126.8 %

Inventory turnover of intermediate and finished products in the industrial enterprise

251 days

3.7 %

242 days

-6.9 %

260 days

266 days

-5.6 %

Rotation tangible assets

251.06 %

3.7 %

242.02 %

-7.0 %

260.34 %

272.04 %

-7.7 %

 

 

Profitability of the business

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Margin trading

0.13 %

-45.8 %

0.24 %

-44.2 %

0.43 %

0.00 %

0%

Profitability of the business

3.08 %

38.1 %

2.23 %

-63.1 %

6.05 %

6.87 %

-55.2 %

Net profit

1.36 %

-41.6 %

2.33 %

-55.7 %

5.26 %

3.52 %

-61.4 %

Growth rate of turnover (excluding VAT)

0.85 %

-45.2 %

1.55 %

-94.8 %

30.00 %

-0.01 %

8600.0 %

Rates integration

38.44 %

0.2 %

38.38 %

-0.9 %

38.71 %

52.12 %

-26.2 %

Rate leasing furniture

3.45 %

-15.9 %

4.10 %

10.2 %

3.72 %

0.00 %

0%

Work Factor

87.04 %

-3.6 %

90.32 %

9.7 %

82.35 %

82.04 %

6.1 %

Weight interests

0.49 %

8.9 %

0.45 %

-39.2 %

0.74 %

0.31 %

58.1 %

 

 

Return on capital

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Cash flow from the overall profitability

3.80 %

16.2 %

3.27 %

-48.3 %

6.33 %

6.43 %

-40.9 %

Rates of economic profitability

6.00 %

20.0 %

5.00 %

-64.3 %

14.00 %

18.00 %

-66.7 %

Financial profitability

2,436,405.00 %

8.3 %

2,249,787.00 %

-3.1 %

2,321,672.00 %

175,764.00 %

1286.2 %

Return on investment

3.84 %

-33.4 %

5.77 %

-59.3 %

14.17 %

10.74 %

-64.2 %

 

 

Management intermediate balances

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Turnover

7,256,503

0.8 %

7,195,385

1.5 %

7,085,694

728,152

896.6 %

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Sales of goods

37,288

17.0 %

31,870

-80.4 %

162,925

-

- Purchase of goods

31,558

119.8 %

14,358

-89.2 %

132,840

-

+/- Stock of goods variation

-3,821

0%

0

0%

-152

-

Trading margin

9,551 €

-45.5 %

17,512 €

-42.1 %

30,237 €

0 €

0%

0.13 % CA

-45.8 %

0.24 % CA

-44.2 %

0.43 % CA

0.00 % CA

0%

 

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Sale of goods produced

7,219,215

0.8 %

7,163,515

3.5 %

6,922,769

-

+/- Stocked production

14,167

-91.8 %

172,454

21.7 %

141,649

-

+ Self-constructed assets

135,426

-11.8 %

153,606

37.0 %

112,081

-

Period production

7,368,808 €

-1.6 %

7,489,575 €

4.4 %

7,176,499 €

691,159 €

966.2 %

101.55 % CA

-2.4 %

104.09 % CA

2.8 %

101.28 % CA

100.00 % CA

1.6 %

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Trading margin

9,551

-45.5 %

17,512

-42.1 %

30,237

0

0%

+ Period Production

7,368,808

-1.6 %

7,489,575

4.4 %

7,176,499

691,159

966.2 %

- Purchase of raw materials

2,210,790

-16.1 %

2,636,052

11.6 %

2,362,729

-

+/- Change in stocks of raw materiels

44,224

135.4 %

-124,761

-476.1 %

-21,658

-

- Other external purchases and charges

2,333,855

4.5 %

2,234,162

5.2 %

2,123,075

-

Added value

2,789,490 €

1.0 %

2,761,634 €

0.7 %

2,742,590 €

385,624 €

623.4 %

38.44 % CA

0.2 %

38.38 % CA

-0.9 %

38.71 % CA

52.12 % CA

-26.2 %

 

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Added value

2,789,490 €

1.0 %

2,761,634 €

0.7 %

2,742,590 €

385,624 €

623.4 %

+ Operating grants

6,750

-76.2 %

28,362

-60.2 %

71,218

-

- Tax, duty and similar payments

144,915

7.0 %

135,462

7.1 %

126,458

-

- Personal charges

2,427,953

-2.7 %

2,494,345

10.4 %

2,258,437

-

Gross operating surplus

223,372 €

39.4 %

160,189 €

-62.7 %

428,913 €

42,980 €

419.7 %

3.08 % CA

38.1 %

2.23 % CA

-63.1 %

6.05 % CA

6.87 % CA

-55.2 %

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Gross operating surplus

223,372 €

39.4 %

160,189 €

-62.7 %

428,913 €

42,980 €

419.7 %

+ Release of reserves and provisions

120,769

27.1 %

95,023

-8.2 %

103,471

-

+ Other operating income

685

2754.2 %

24

33.3 %

18

-

- Depreciation/ Amortisation

207,966

71.0 %

121,596

-33.9 %

183,934

-

- Other charges

97,781

167.5 %

36,556

10.9 %

32,972

-

Operating result

39,079 €

-59.7 %

97,084 €

-69.2 %

315,496 €

27,628 €

41.4 %

0.54 % CA

-60.0 %

1.35 % CA

-69.7 %

4.45 % CA

4.20 % CA

-87.1 %

 

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Operating result

39,079 €

-59.7 %

97,084 €

-69.2 %

315,496 €

27,628 €

41.4 %

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

0

0%

0

0%

0

-

+ Financial income

2,883

-32.5 %

4,272

-83.2 %

25,377

-

- Financial charges

35,906

11.1 %

32,307

-38.0 %

52,082

-

Pre-tax result

6,056 €

-91.2 %

69,049 €

-76.1 %

288,791 €

25,037 €

-75.8 %

0.08 % CA

-91.7 %

0.96 % CA

-76.5 %

4.08 % CA

3.86 % CA

-97.9 %

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Extraordinary income

15,866

-61.1 %

40,768

110.7 %

19,346

712

2128.4 %

- Extraordinary charges

58,009

-6.6 %

62,100

1129.0 %

5,053

-

Extraordinary result

-42,143 €

-97.6 %

-21,332 €

-249.2 %

14,293 €

0 €

0%

-0.58 % CA

-93.3 %

-0.30 % CA

-250.0 %

0.20 % CA

0.00 % CA

0%

 

 

 

30/09/2013

Variation

30/09/2012

Variation

30/09/2011

SECTOR MEDIAN 2013

Pre-tax result

6,056 €

-91.2 %

69,049 €

-76.1 %

288,791 €

25,037 €

-75.8 %

Extraordinary result

-42,143 €

-97.6 %

-21,332 €

-249.2 %

14,293 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

-134,762

-12.6 %

-119,689

-72.0 %

-69,588

-

Net result

98,675 €

-41.1 %

167,406 €

-55.1 %

372,672 €

24,679 €

299.8 %

1.36 % CA

-41.6 %

2.33 % CA

-55.7 %

5.26 % CA

3.52 % CA

-61.4 %

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.52

UK Pound

1

Rs.95.96

Euro

1

Rs.70.54

 

 

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.