MIRA INFORM REPORT

 

 

Report No. :

322392

Report Date :

18.05.2015

 

IDENTIFICATION DETAILS

 

Name :

GROUPE-LEFEBVRE

 

 

Registered Office :

240 Rue D Orival 76950 Les Grandes Ventes

 

 

Country :

France

 

 

Financials (as on) :

30.09.2013

 

 

Date of Incorporation :

August 1990

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

Wholesale ( intercompany trade) of wood and construction materials.

 

 

No. of Employee :

3 to 5 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 :

Slow but correct

 

 

Litigation :

Clear

 

 

NOTES :

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

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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 summary

 

Name

GROUPE-LEFEBVRE

Acronym

-

Trade name

GROUPE LEFEBVRE

Status

Economically active

Postal Address

GROUPE-LEFEBVRE
GROUPE LEFEBVRE
240 RUE D ORIVAL
76950 LES GRANDES VENTES

Share Capital

3,332,400 Euros

Incorporiation Date

08/1990

Activity (APE)

Wholesale ( intercompany trade) of wood and construction materials (4673A)

RCS Registration

RCS Dieppe B 379 030 885

Formation Date

08/1990

EUR VAT Number

FR79379030885

Deregistration Date

-

Last account Date

30/09/2013

Court Registry Number

19 9 0B00085

Telephone

02 35 04 77 00

Registration Court

Dieppe (76)

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

11,897,017 €

1.32% Turnover

9,788,886 €

549,560 €

3 to 5 employees

30/09/2011

9,542,046 €

0.55% Turnover

8,411,416 €

1,604,007 €

-

30/09/2010

8,761,542 €

0.26% Turnover

7,160,075 €

577,110 €

-

 

 


Ultimate Holding Company

 

Name

Country

Company Number

GROUPE-LEFEBVRE

379030885

Affiliation links.

 

 

Directors

 

Current Directors

2

 

 

Preferential Right

 

Last published Judgment

04/05/2005

 

No social security and tax office preferential right to date

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Establishment Details

 

Type of Establishment

Head Office

Production Role

-

APE/NAF Code

4673A

Activity

Formation Date

09/2004

Reason for Formation

Formation

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

240 RUE D ORIVAL 
76950 LES GRANDES VENTES

Department

Seine-Maritime (76)

Location Surface

-

District

1

City

LES GRANDES VENTES

Status

Economically active

Business Pages FT®

BOIS DE CONSTRUCTION ET D'INDUSTRIE

Region

Haute-Normandie

Area

04

Size of Urban Area

Establishment in a rural municipality

 

 

Ultimate Parent(s)

 

1 ultimate parent company/companies for this company

 

Company Name

Activity (APE)

APE/NAF Code

City

Post Code

GROUPE-LEFEBVRE

Wholesale ( intercompany trade) of wood and construction materials

4673A

LES GRANDES VENTES

76950

 

 

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

1 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

GROUPE-LEFEBVRE

Head Office

4673A

Wholesale ( intercompany trade) of wood and construction materials

LES GRANDES VENTES

76950

LEFEBVRE FRERES

Branch

4673A

Wholesale ( intercompany trade) of wood and construction materials

LES GRANDES VENTES

76950

 

 

Workforces

 

Workforce at address

3 to 5 employees

Company workforce

3 to 5 employees

 

 

Commentary

 

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

 

The increase in the gearing percentage over the last two accounting periods is 69 %

The decrease of tangible fixed assets over the last two accounting periods is 42 %

The sales to current assets ratio is 1.67

The net turnover is below the average of its class

The return on total assets employed is 3.48

The pre-tax profit is 641,495 €

The net current assets are 7,140,164 €

The liabilities are 8,613,894 €

The total assets are 18,428,205 €

The risk provisions are 25,426 €

The company has 2 director(s)

Department code with medium risk rating

Industry code with low risk rating

Low risk workforce size

The stock to turnover ratio is 0

The creditor days are 57.26

The ratio total assets to total liabilities is 2.13

The shareholder's equity is 9,788,886 €

 

 

Collective procedures

 

Courts

 

No recent judgment publication in court sources for the company

 

RNCS

 

Judgment

Recovery Plan

Effective date

03/06/2004

Director

MAITRE YVES BOURGOIN

Position

Court-appointed reviewer of a proposal

Address

76000 ROUEN

Judgment

Receivership

Effective date

11/07/2002

Director

MAITRE YVES BOURGOIN

Position

Official receiver

Address

76000 ROUEN

Director

MAITRE LEMOINE

Position

Creditors’ representative

Address

76000 ROUEN

 

 

BODACC

 

Judgment

Rulings linked to debts

Effective date

04/05/2005

Court

Parution date from Gazette

04/05/2005

1452 - Avis de dépôt de l'état des créances . RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme : S.A.R.L. Adresse : 42 rue de Paris, 76950 Les Grandes-Ventes. Dépôt de l'état des créances au tribunal de commerce de : Dieppe , où les réclamations seront recevables dans un délai de quinze jours à compter de la date de la présente publication.

Judgment

Recovery Plan

Effective date

02/07/2004

Court

Parution date from Gazette

02/07/2004

Date: 3 juin 2004. Jugement arretant le plan de continuation. RCS Dieppe B 379030885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Adresse : 42 rue de Paris, 76950 Les Grandes-Ventes Commissaire à l'éxécution du plan: M e Bourgoin Yves. Adresse : 31 boulevard de l'Yser, 76000 Rouen.

 

Judgment

Receivership

Effective date

17/09/2002

Court

Parution date from Gazette

17/09/2002

Date: 11 juillet 2002. Jugement d' ouverture d'une procédure de redressement judiciaire (régime général). RCS Dieppe B 379030885 RC 90-B 85 S.A.R. L. LEFEBVRE FRERES. Forme : S.A.R.L. Activité : négoce de bois, prise de participations et gestion de valeurs mobilières. Adresse : 42 rue de Paris, 76950 Les Grandes-Ventes. Date de cessation des paiements : 9 juillet 2002 Administrateur judiciaire: M e Bourgoin Yves. Adresse : 31 boulevard de l'Yser, 76012 Rouen Cedex Mission: outre les pouvoirs conférés par la loi, assister la société débitrice pour tous les actes concernant la gestion Représentant des créanciers: M e Lemoine Daniel. Adresse : 8 rue Asseline, 76200 Dieppe Les déclarations de créances sont à déposer dans un délai de deux mois suivant la présente publication auprès du représentant des créanciers.

 

 

Other sources

 

No recent judgment publication in other sources for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

 

Company monitored since

15/12/2010

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

201000040

30/06/2010

30/06/2014

LE COMPTABLE DES IMPOTS DE NEUFCHATEL EN BRAY - 6 RUE DU POT DETAIN 76270 NEUFCHATEL EN BRAY

8,355 EUR

-

Reason for closure

Void

Court

Dieppe

Creditor

LE COMPTABLE DES IMPOTS DE NEUFCHATEL EN BRAY - 6 RUE DU POT DETAIN 76270 NEUFCHATEL EN BRAY 

Debtor

GROUPE-LEFEBVRE 
240 rue dOrival 76950 Les Grandes Ventes, Les Grandes Ventes

 

 

Group Data

 

Ultimate parent company

GROUPE-LEFEBVRE

Direct parent

-

Group – Number of companies

6

Linkages – Number of companies

-

Number of countries

-

 

 

NAME

SIREN

PARTS

LAST ACCOUNT PUBLISHED

1

GROUPE-LEFEBVRE

379030885

-

30/09/2013

2

MANUBOIS

308307065

100 %

30/09/2013

3

GYPASS

393442389

100 %

30/09/2007

SCIERIE LEFEBVRE

348090705

100 %

30/09/2013

SCIERIE DEQUECKER

715880274

100 %

30/09/2013

DEQUECKER PRODUCTIONS

309634871

100 %

30/09/2013

 

 

Shareholders

 

No Shareholders available for this company

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. LEFEBVRE JOËL

Manager position

President of the management board

Date of birth

07/09/1960

Place of birth

LES GRANDES VENTES (76)

Type

Individual

Name at birth

Name

M. LEFEBVRE ALAIN

Manager position

President of the supervisory council

Date of birth

25/01/1942

Place of birth

LES GRANDES VENTES 76

Type

Individual

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

President

LEFEBVRE ALAIN

25/01/1942 - LES GRANDES VENTES 76

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

29/08/2014

Bodacc B

Modification et mutation diverse

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

721 - 379 030 885 RCS Dieppe. GROUPE-LEFEBVRE. Forme : Société par actions simplifiée. Administration : Président du directoire, Membre du directoire : LEFEBVRE Joël Membre du directoire : LEFEBVRE Arnaud, Lucien, Jacques Président du conseil de surveillance, Membre du conseil de surveillance : LEFEBVRE Alain Membre du conseil de surveillance : GIVON Ghislaine, Janine, Marie né(e) LEFEBVRE Membre du conseil de surveillance : LEFEBVRE Stéphanie, Carole, Elisabeth Commissaire aux comptes titulaire : GAUDRAY FINANCE AUDIT (SARL) Commissaire aux comptes titulaire : LEVASSEUR Alexis Commissaire aux comptes suppléant : THIBAULT Olivier Commissaire aux comptes suppléant : OPUS 3.14 AUDIT ET CONSEIL (SAS). Activité : 
Commentaires : Modification survenue sur l'administration.

01/08/2014

JAL

Appointment of the social representative

Informations dieppoises (Les)


Date de décision : 17/04/2014
Société faisant l'objet d'une nomination : 379030885 - GROUPE-LEFEBVRE, GROUPE LEFEBVRE, 240 RUE D ORIVAL, 76950 LES GRANDES VENTES 
Nominé : Monsieur Alain LEFEBVRE, 76950 LES GRANDES VENTES
En la fonction de : Président du Conseil de Surveillance
Nominé : Monsieur Joël LEFEVBRE, 76550 HAUTOT SUR MER
En la fonction de : Président du Directoire
Nominé : Monsieur Arnaud LEFEVBRE, 76370 NEUVILLE LES DIEPPE
En la fonction de : Membre du Directoire
Nominé : Monsieur Alain LEFEBVRE, 76950 LES GRANDES VENTES
En la fonction de : Membre du Conseil de Surveillance
Nominé : Madame Ghislaine LEFEBVRE, 76230 BOIS GUILLAUME
En la fonction de : Membre du Conseil de Surveillance
Nominé : Madame Stéphanie LEFEBVRE, 76840 ST MARTIN DE BOSCHERVILLE
En la fonction de : Membre du Conseil de Surveillance

01/08/2014

JAL

Resignation / Revocation of the social representative

Informations dieppoises (Les)


Date de décision : 17/04/2014
La société 379030885 - GROUPE-LEFEBVRE, GROUPE LEFEBVRE, 240 RUE D ORIVAL, 76950 LES GRANDES VENTES 
Fait l'objet du départ de Monsieur Alain LEFEBVRE, Résidence Les Lauriers, 215, rue de Saint-Vaast, 76950, LES GRANDES VENTES, 
De Monsieur Joël LEFEVBRE, 428 Rue des Verts-Bois, 76550, HAUTOT SUR MER

07/06/2014

Bodacc C

Comptes consolidés et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

9134 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 30/09/2013.

07/06/2014

Bodacc C

Comptes annuels et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

9133 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 30/09/2013.

10/06/2013

Bodacc C

Comptes annuels et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

13156 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2012.

10/06/2013

Bodacc C

Comptes annuels, consolidés et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

13157 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2012.

27/07/2012

Bodacc C

Comptes annuels et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

10296 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2011.

27/07/2012

Bodacc C

Comptes annuels, consolidés et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

10297 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/09/2011.

22/12/2011

Bodacc B

Modification et mutation diverse

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

926 - 379 030 885 RCS Dieppe. GROUPE-LEFEBVRE. Forme : Société par actions simplifiée. Administration : Président : LEFEBVRE Alain Personne chargée de diriger, gérer et engager : LEFEBVRE Joël Commissaire aux comptes titulaire : SOCIETE D'EXPERTISE COMPTABLE ET DE CONSEIL - SECC représenté par GAUDRAY François Commissaire aux comptes titulaire : LEVASSEUR Alexis Commissaire aux comptes suppléant : THIBAULT Olivier Commissaire aux comptes suppléant : OPUS 3.14 AUDIT ET CONSEIL (SAS). Activité : 
Commentaires : Modification survenue sur l'administration.

23/09/2011

Bodacc B

Modification et mutation diverse

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

1242 - 379 030 885 RCS Dieppe. GROUPE-LEFEBVRE. Forme : Société par actions simplifiée. Capital : 266592 EUR. Activité : 
Commentaires : Modification survenue sur le capital et Fusion - L236-1 à compter du 30/06/2011 : avec effet rétroactif au 01/10/2010 Personne(s) morale(s) ayant participé à l'opération : SODI CAILLY, (), 240 rue d'Orival 76950 Les Grandes Ventes (RCS () 343 819 769).

23/09/2011

Bodacc B

Modification et mutation diverse

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

1243 - 379 030 885 RCS Dieppe. GROUPE-LEFEBVRE. Forme : Société par actions simplifiée. Capital : 3332400 EUR. Activité : 
Commentaires : Modification survenue sur le capital.

02/08/2011

JAL

Modification of the share capital

Informations dieppoises (Les)


Date de décision : 04/07/2011
La société : 379030885 - GROUPE-LEFEBVRE, GROUPE LEFEBVRE, 240 RUE D ORIVAL, 76950 LES GRANDES VENTES a subi une augmentation de son capital social désormais de 3 332 400 € 
Date d'effet : 04/07/2011

02/07/2011

JAL

Proposed merger

Informations dieppoises (Les)


Date de décision : 28/06/2011
Absorbant : 379030885 - GROUPE-LEFEBVRE, GROUPE LEFEBVRE, 240 RUE D ORIVAL, 76950 LES GRANDES VENTES
Absorbé : 343819769 - SODI CAILLY, ZONE D'ACTIVITE D'ORIVAL, 76950 LES GRANDES VENTES

21/06/2010

Bodacc C

Comptes annuels et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

8375 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 30/09/2009.

03/12/2009

Bodacc B

Modification et mutation diverse

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

1617 - 379 030 885 RCS Dieppe. GROUPE-LEFEBVRE. Forme : Société par actions simplifiée. Capital : 257888 EUR. 
Commentaires : Modification survenue sur le capital.

05/06/2009

Bodacc C

Comptes annuels et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

9478 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 30/09/2008.

24/06/2008

Bodacc B

Modification et mutation diverse

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

1082 - 379 030 885 RCS Dieppe. GROUPE-LEFEBVRE. Forme : Société par actions simplifiée. Administration : Président : LEFEBVRE AlainPersonne chargée de diriger, gérer et engager : LEFEBVRE Joël. Commissaire aux comptes titulaire : SOCIETE D'EXPERTISE COMPTABLE ET DE CONSEIL - SECC représenté par GAUDRAY François. Commissaire aux comptes suppléant : THIBAULT Olivier. 
Commentaires : Modification survenue sur l'administration.

05/06/2008

Bodacc C

Comptes annuels et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

6820 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 30/09/2007.

05/06/2008

Bodacc C

Comptes annuels et rapports

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

6821 - 379030885 RCS. GROUPE-LEFEBVREForme : Société par actions simplifiée. Adresse : 240 rue d'Orival 76950 Les Grandes Ventes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 30/09/2007.

15/02/2008

Bodacc B

Modification et mutation diverse

76 - SEINE-MARITIME

GREFFE DU TRIBUNAL DE COMMERCE DE DIEPPE

3256 - 379 030 885 RCS Dieppe. GROUPE-LEFEBVRE. Forme : Société par actions simplifiée. Administration : Président : LEFEBVRE Alain. Personne chargée de diriger, gérer et engager : LEFEBVRE Joël. Commissaire aux comptes titulaire : SOCIETE D'EXPERTISE COMPTABLE ET DE CONSEIL - SECC () représenté par GAUDRAY François. Commissaire aux comptes titulaire : LECLERC Benoit. Commissaire aux comptes suppléant : THIBAULT Olivier. Commissaire aux comptes suppléant : SOCIETE FIDULOR (). 
Commentaires : Modification survenue sur la forme juridique, la dénomination, l'administration.

31/05/2007

Bodacc C

Avis de dépôt des comptes

7748 - RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme: S.A.R.L.. Adresse du siège social: 240, rue d'Orival,76950 Les Grandes-Ventes. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2006.

31/05/2007

Bodacc C

Avis de dépôt des comptes

7749 - RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme: S.A.R.L.. Adresse du siège social: 240, rue d'Orival,76950 Les Grandes-Ventes. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2006.

23/06/2006

Bodacc C

Avis de dépôt des comptes

4624 - RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme: S.A.R.L.. Adresse du siège social: 240, rue d'Orival,76950 Les Grandes-Ventes. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2005.

23/06/2006

Bodacc C

Avis de dépôt des comptes

4625 - RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme: S.A.R.L.. Adresse du siège social: 240, rue d'Orival,76950 Les Grandes-Ventes. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2005.

03/08/2005

Bodacc C

Avis de dépôt des comptes

4307 - RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme: S.A.R.L.. Adresse du siège social: 240, rue d'Orival,76950 Les Grandes-Ventes. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2004.

03/07/2005

Bodacc C

Avis de dépôt des comptes

4771 - RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme: S.A.R.L.. Adresse du siège social: 240, rue d'Orival,76950 Les Grandes-Ventes. Comptes annuels et rapports de l'exercice clos le: 30 septembre 2004.

04/05/2005

Bodacc A

Jugement lié aux créances

1452 - Avis de dépôt de l'état des créances . RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme : S.A.R.L. Adresse : 42 rue de Paris, 76950 Les Grandes-Ventes. Dépôt de l'état des créances au tribunal de commerce de : Dieppe , où les réclamations seront recevables dans un délai de quinze jours à compter de la date de la présente publication.

15/02/2005

Bodacc B

Modifications et mutations diverses

1474 - RCS Dieppe B 379 030 885. RC 90-B 85. LEFEBVRE FRERES. Forme : S.A.R.L. Adresse du siège social : 240 rue d'Orival,, 76950 Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal. Etablissement principal - Adresse : 240 rue d'Orival, 76950 Date d'effet : 1er septembre 2004.

05/10/2004

Bodacc B

Modifications et mutations diverses

RCS Dieppe B 379030885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Adresse du siège social : 42 rue de Paris, 76950 Les Grandes-Ventes. Commentaires : modification survenue sur l' administration. Administration : cogérants : LEFEBVRE (Alain, Henri, André) ( Nom d'usage : LEFEBVRE) LEFEBVRE (Joel, Alain, Michel) ( Nom d' usage : LEFEBVRE). Commissaires aux comptes titulaires : STE D'EXPERTISE COMPTABLE ET DE CONSEIL-SECC, représentée par GAUDRAY (François) ( Nom d'usage : GAUDRAY) LECLERC ( Benoit) ( Nom d'usage : LECLERC). Commissaires aux comptes suppléants : THIBAULT (Olivier) ( Nom d'usage : THIBAULT) STE FIDULOR. Date d'effet : 30 juin 2004.

02/07/2004

Bodacc A

Rétractation de jugement

Date: 3 juin 2004. Jugement arretant le plan de continuation. RCS Dieppe B 379030885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Adresse : 42 rue de Paris, 76950 Les Grandes-Ventes Commissaire à l'éxécution du plan: M e Bourgoin Yves. Adresse : 31 boulevard de l'Yser, 76000 Rouen.

28/12/2003

Bodacc B

Modifications et mutations diverses

RCS Dieppe B 379030885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Capital : 236 480 euros. Adresse du siège social : 42 rue de Paris, 76950 Les Grandes- Ventes. Commentaires : modification survenue sur l'administration. Administration : cogérants : LEFEBVRE ( Alain, Henri, André) ( Nom d'usage : LEFEBVRE) LEFEBVRE (Philippe, Claude, Marcel) ( Nom d'usage : LEFEBVRE) LEFEBVRE (Joel, Alain, Michel) ( Nom d' usage : LEFEBVRE). Commissaires aux comptes titulaires : STE D'EXPERTISE COMPTABLE ET DE CONSEIL-SECC, représentée par GAUDRAY (François) ( Nom d'usage : GAUDRAY) LECLERC ( Benoit) ( Nom d'usage : LECLERC). Commissaires aux comptes suppléants : THIBAULT (Olivier) ( Nom d'usage : THIBAULT) STE FIDULOR. Date d'effet : 31 aout 2003.

27/09/2002

Bodacc B

Modifications et mutations diverses

RCS Dieppe B 379030885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Capital : 236 480 euros. Adresse du siège social : 42 rue de Paris, 76950 Les Grandes- Ventes. Commentaires : modification survenue sur l'administration. Administration : cogérants : LEFEBVRE ( Alain, Henri, André) ( Nom d'usage : LEFEBVRE) LEFEBVRE (Philippe, Claude, Marcel) ( Nom d'usage : LEFEBVRE) LEFEBVRE (Michel, Lucien, René) ( Nom d' usage : LEFEBVRE) LEFEBVRE (Joel, Alain, Michel) ( Nom d'usage : LEFEBVRE). Commissaires aux comptes titulaires : STE D'EXPERTISE COMPTABLE ET DE CONSEIL-S.E.C.C., représentée par GAUDRAY (François) ( Nom d'usage : GAUDRAY) LECLERC (Benoit) ( Nom d' usage : LECLERC). Commissaires aux comptes suppléants : THIBAULT (Olivier) ( Nom d'usage : THIBAULT) STE FIDULOR. Date d'effet : 19 février 2002.

17/09/2002

Bodacc A

Autres jugements et ordonnances

Date: 11 juillet 2002. Jugement d' ouverture d'une procédure de redressement judiciaire (régime général). RCS Dieppe B 379030885 RC 90-B 85 S.A.R. L. LEFEBVRE FRERES. Forme : S.A.R.L. Activité : négoce de bois, prise de participations et gestion de valeurs mobilières. Adresse : 42 rue de Paris, 76950 Les Grandes-Ventes. Date de cessation des paiements : 9 juillet 2002 Administrateur judiciaire: M e Bourgoin Yves. Adresse : 31 boulevard de l'Yser, 76012 Rouen Cedex Mission: outre les pouvoirs conférés par la loi, assister la société débitrice pour tous les actes concernant la gestion Représentant des créanciers: M e Lemoine Daniel. Adresse : 8 rue Asseline, 76200 Dieppe Les déclarations de créances sont à déposer dans un délai de deux mois suivant la présente publication auprès du représentant des créanciers.

22/07/2001

Bodacc B

Modifications et mutations diverses

RCS Dieppe B 379030885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Capital : 236 480 euros. Adresse du siège social : 42 rue de Paris, 76950 Les Grandes- Ventes. Commentaires : modification survenue sur le capital (augmentation et conversion en euros). Date d'effet : 28 mars 2001.

04/03/1999

Bodacc B

Modifications et mutations diverses

RCS Dieppe B 379 030 885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Capital : 1 478 000 F (fixe). Adresse du siège social : 42 rue de Paris, 76950 Les Grandes-Ventes. Administration : nouveaux cogérants : LEFEBVRE (Philippe), LEFEBVRE (Michel), LEFEBVRE (Joel). Date d'effet : 1er janvier 1999.

07/07/1998

Bodacc B

Modifications et mutations diverses

RCS Dieppe B 379 030 885 RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Capital : 1 478 000 F. Adresse du siège social : 42 rue de Paris 76950 Les Grandes-Ventes. Administration : ancien commissaire aux comptes titulaire : GAUDRY (François). Nouveau commissaire aux comptes titulaire : STE D'EXPERTISE COMPTABLE ET DE CONSEIL-S.E.C.C., représentée par GAUDRY (François). Ancien commissaire aux comptes suppléant : FERTE ( Dominique). Nouveau commissaire aux comptes suppléant : THIBAULT (Olivier). Date d'effet : 31 mars 1998.

18/06/1997

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS RCS Dieppe B 379 030 885 RC RC 90-B 85 LEFEBVRE FRERES. Forme : S.A.R.L. Capital : 1 478 000 F (fixe). Adresse : 42, rue de Paris 76950 Les Grandes-Ventes Nouvelle situation du siège social. Enseigne : Groupe Lefèbvre. Date d'effet : 28 mars 1997.

 

 

Company events history

 

Date

Description

29/08/2014

Bodacc B: Various editing or changing

13/08/2014

Update Rating

13/08/2014

Update Limit

05/08/2014

Amendment

05/08/2014

New chairman (CEO, CoB)

05/08/2014

Updated articles of association

05/08/2014

Minutes of general meeting of shareholders

02/08/2014

Update Limit

02/08/2014

Update Rating

01/08/2014

Legal Gazette: Resignation / Revocation of the social representative

30/06/2014

Update Limit

30/06/2014

Update Rating

07/06/2014

Update Limit

07/06/2014

Update Rating

07/06/2014

Bodacc C : Deposit accounts notice

27/05/2014

Update Rating

27/05/2014

Update Limit

27/05/2014

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

17/04/2014

Legal Gazette: Appointment of the social representative

02/04/2014

Update Rating

15/10/2013

Update Limit

15/10/2013

Update Rating

30/09/2013

New consolidated accounts available

30/09/2013

New accounts available

31/07/2013

Invalid balance sheet

20/07/2013

Update Limit

20/07/2013

Update Rating

20/07/2013

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

10/06/2013

Bodacc C : Deposit accounts notice

30/09/2012

New accounts available

15/09/2012

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

27/07/2012

Bodacc C : Deposit accounts notice

22/12/2011

Bodacc B: Various editing or changing

22/11/2011

Minutes of general meeting of shareholders

30/09/2011

New consolidated accounts available

30/09/2011

New accounts available

23/09/2011

Bodacc B: Various editing or changing

24/08/2011

Capital increase

24/08/2011

Updated articles of association

24/08/2011

Minutes of general meeting of shareholders

24/08/2011

Merger

24/08/2011

Declaration of conformity

24/08/2011

Capital reduction

24/08/2011

Amendment

04/07/2011

Legal Gazette: Modification of the share capital

04/07/2011

Other modification of Establishment

01/07/2011

Audit or Management Report

01/07/2011

Amendment

30/06/2011

Other modification of Establishment

24/06/2011

Legal Gazette: Proposed merger

22/06/2011

Planned merger

22/06/2011

Merger

18/06/2011

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

15/12/2010

Collection of preferential rights activated for this company

12/11/2010

New subsidiarie(s) detected

30/09/2010

New accounts available

30/06/2010

Filling of Tax Office Preferential Right

30/06/2010

New Filling of Tax Office preferential right

21/06/2010

Bodacc C : Deposit accounts notice

03/12/2009

Bodacc B: Various editing or changing

26/10/2009

Updated articles of association

26/10/2009

Minutes of general meeting of shareholders

26/10/2009

Audit or Management Report

30/09/2009

New accounts available

29/09/2009

Other modification of Establishment

29/09/2009

Update of Company Workforce

21/09/2009

Audit or Management Report

21/09/2009

Capital increase

11/08/2009

Application and court order

11/08/2009

Application and court order

11/08/2009

Amendment

05/06/2009

Bodacc C : Deposit accounts notice

30/09/2008

New accounts available

24/06/2008

New Bodacc B ads detected

24/06/2008

Bodacc B: Various editing or changing

05/06/2008

Bodacc C : Deposit accounts notice

23/05/2008

Appointment/resignation of company officers

23/05/2008

Private document

23/05/2008

New auditor

23/05/2008

Minutes of general meeting of shareholders

23/05/2008

Minutes of general meeting of shareholders

15/02/2008

New Bodacc B ads detected

15/02/2008

Bodacc B: Various editing or changing

11/02/2008

Modification of Company Activity

11/02/2008

Update of Company Activity

31/01/2008

Office copy

31/01/2008

Office copy

31/01/2008

Donation/partition

26/11/2007

Appointment/resignation of company officers

26/11/2007

Minutes of general meeting of shareholders

26/11/2007

Minutes of general meeting of shareholders

26/11/2007

New company name

26/11/2007

New company name

26/11/2007

New legal form – new category

26/11/2007

New legal form – no new category

26/11/2007

Private document

26/11/2007

Updated articles of association

26/11/2007

Updated articles of association

19/10/2007

Update of Company Name

19/10/2007

Update of Company Legal Form

19/10/2007

Modification to Company Identifier

09/10/2007

Audit or Management Report

09/10/2007

Audit or Management Report

09/10/2007

Private document

09/10/2007

Amendment

30/09/2007

New accounts available

30/09/2007

New consolidated accounts available

30/09/2006

New consolidated accounts available

30/09/2006

New accounts available

30/09/2005

New accounts available

04/05/2005

New collective procedure

14/03/2005

Private document

14/03/2005

Sale of shares

14/03/2005

Updated articles of association

14/03/2005

Minutes of general meeting of shareholders

20/12/2004

Amendment

20/12/2004

Private document

20/12/2004

Registered office transferred inside jurisdiction of the Commercial Court

20/12/2004

Updated articles of association

30/09/2004

New accounts available

29/07/2004

Amendment

29/07/2004

Appointment/resignation of company officers

29/07/2004

Private document

29/07/2004

New manager

02/07/2004

New collective procedure

03/06/2004

New collective procedure

14/11/2003

Appointment/resignation of company officers

14/11/2003

Private document

14/11/2003

Minutes of general meeting of shareholders

14/11/2003

Amendment

30/09/2003

New accounts available

26/06/2003

New collective procedure

17/09/2002

New collective procedure

11/07/2002

New collective procedure

28/03/2002

Amendment

28/03/2002

Appointment/resignation of company officers

28/03/2002

Private document

28/03/2002

Minutes of general meeting of shareholders

31/05/2001

Private document

31/05/2001

Minutes of general meeting of shareholders

31/05/2001

Conversion of equity to euro

31/05/2001

Capital increase

31/05/2001

Amendment

31/05/2001

Updated articles of association

27/03/2000

Amendment

27/03/2000

Application and court order

29/01/1999

New manager

29/01/1999

Private document

29/01/1999

Appointment/resignation of company officers

29/01/1999

Minutes of general meeting of shareholders

29/01/1999

Amendment

27/04/1998

Minutes of general meeting of shareholders

27/04/1998

New auditor

27/04/1998

Private document

27/04/1998

Appointment/resignation of company officers

30/07/1997

Sale of shares

30/07/1997

Private document

30/07/1997

Minutes of general meeting of shareholders

30/07/1997

Amendment

30/07/1997

Updated articles of association

16/02/1994

Private document

20/08/1993

Updated articles of association

20/08/1993

Minutes of general meeting of shareholders

20/08/1993

Declaration of conformity

20/08/1993

Capital increase

20/08/1993

Fund deposit certificate

03/05/1993

Capital increase

03/05/1993

Declaration of conformity

03/05/1993

Updated articles of association

03/05/1993

Minutes of general meeting of shareholders

18/03/1993

Amendment

18/03/1993

Audit or Management Report

03/10/1992

Amendment

03/10/1992

Capital increase

03/10/1992

Declaration of conformity

03/10/1992

Fund deposit certificate

03/10/1992

Updated articles of association

03/10/1992

Minutes of general meeting of shareholders

17/07/1992

Minutes of general meeting of shareholders

17/07/1992

New auditor

 

 

Synthesized Accounts

 

Annual Accounts

30/09/2013

30/09/2011

30/09/2010

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

20/05/2014

13/09/2012

16/06/2011

Activity Code

4673A

4673A

4673A

Employees

0

12

3

 

 

Active account

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

11,288,041

15.7 %

9,753,262

12.7 %

8,653,484

51,022

22023.9 %

 Intangible assets

5,550

-84.8 %

36,537

0%

0

35

15757.1 %

 Tangible assets

45,510

-41.8 %

78,220

422.2 %

14,979

25,629

77.6 %

 Financial assets

11,236,981

16.6 %

9,638,505

11.6 %

8,638,505

2,072

542356.2 %

Net current assets

7,140,164

103.0 %

3,517,179

-6.0 %

3,742,935

397,921

1694.4 %

 Stocks

0

0%

0

0%

0

75,218

0%

 Advanced payments

0

0%

1,551

0%

0

0

0%

 Receivables

7,113,720

107.9 %

3,421,006

-7.8 %

3,710,374

171,632

4044.8 %

 Securities and cash

26,444

-72.1 %

94,622

190.6 %

32,561

47,254

-44.0 %

 Prepaid expenses

-

-

-

-

-

167

-

Accounts of regularization

0

0%

0

0%

0

0

0%

Total Assets

18,428,205

38.9 %

13,270,440

7.1 %

12,396,418

496,519

3611.5 %

 

 

Passive Account

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Shareholders' equity

9,788,886

16.4 %

8,411,416

17.5 %

7,160,075

149,685

6439.7 %

Share capital

3,332,400

0%

3,332,400

1192.2 %

257,888

25,000

13229.6 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

25,426

18.1 %

21,532

2561.6 %

809

0

0%

Liabilities

8,613,894

78.1 %

4,837,493

-7.6 %

5,235,535

292,823

2841.7 %

 Financial liabilities

5,741,004

96.9 %

2,915,818

47.5 %

1,977,477

40,082

14223.1 %

 Advanced payments received

0

0%

3,480

29.2 %

2,693

0

0%

 Trade account payables

1,866,417

119.8 %

848,991

-64.1 %

2,366,328

121,368

1437.8 %

 Tax and social liabilities

198,327

-65.4 %

572,694

98.7 %

288,212

61,829

220.8 %

 Other debts and fixed assets liabilities

808,146

62.8 %

496,510

-17.4 %

600,825

5,716

14038.3 %

Account regularization

0

0%

0

0%

0

0

0%

Total liabilities

18,428,205

38.9 %

13,270,440

7.1 %

12,396,418

496,519

3611.5 %

 

 

Results

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Sales of Goods

11,919,583

24.9 %

9,546,106

8.9 %

8,761,965

937,023

1172.1 %

Net turnover

11,897,017

24.7 %

9,542,046

8.9 %

8,761,542

925,695

1185.2 %

 of which net export turnover

8,406,576

12.2 %

7,493,251

-3.6 %

7,771,416

0

0%

Operating charges

11,820,229

24.0 %

9,533,683

9.0 %

8,750,432

920,140

1184.6 %

Operating profit/loss

99,354

699.8 %

12,423

7.7 %

11,533

18,263

444.0 %

Financial income

941,115

-42.5 %

1,635,309

1381.3 %

110,398

105

896200.0 %

Financial charges

133,241

134.5 %

56,825

41.8 %

40,084

1,588

8293.1 %

Financial profit/loss

807,874

-48.8 %

1,578,484

2144.9 %

70,314

-279

290180.4 %

Pretax net operating income

907,228

-43.0 %

1,590,907

1843.8 %

81,847

16,152

5517.0 %

Extraordinary income

244,812

0%

0

0%

7,623

460

53177.9 %

Extraordinary charges

510,545

102009.0 %

500

-93.4 %

7,622

410

124423.2 %

Extraordinary profit/loss

-265,733

-53046.6 %

-500

-50100.0 %

1

0

0%

Net result

549,560

-65.7 %

1,604,007

177.9 %

577,110

15,422

3463.5 %

 

 

Accounts – Active

 

Normal Account

30/09/2013

30/09/2011

30/09/2010

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Grand Total (I to VI)

Net

18,428,205

38.9 %

13,270,440

7.1 %

12,396,418

Gross

CO

19,083,259

43.0 %

13,343,995

7.4 %

12,425,543

Amortisation

1A

655,054

790.6 %

73,555

152.5 %

29,125

 

 

Non declared distributed capital (I)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

Total Active fixed asset (II)

Net

11,288,041

15.7 %

9,753,262

12.7 %

8,653,484

Gross

BJ

11,427,584

16.5 %

9,812,743

13.2 %

8,669,515

Amortisation

BK

139,543

134.6 %

59,481

271.0 %

16,031

 

 

Intangible fixed assets

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

AE

0

0%

0

0%

0

Distributorships, patents

Net

5,550

-84.8 %

36,537

0%

0

Gross

AF

73,490

16.3 %

63,212

919.5 %

6,200

Amortisation

AG

67,940

154.7 %

26,675

330.2 %

6,200

Goodwill

Net

0

0%

0

0%

0

Gross

AH

0

0%

0

0%

0

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

1,400

0%

1,400

0%

1,400

Amortisation

AK

1,400

0%

1,400

0%

1,400

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

5,550

-84.8 %

36,537

0%

0

 

Tangilble fixed assets

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Lands

Net

0

0%

0

0%

0

Gross

AN

0

0%

0

0%

0

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

0

0%

0

0%

0

Gross

AP

0

0%

0

0%

0

Amortisation

AQ

0

0%

0

0%

0

Plant

Net

0

0%

0

0%

0

Gross

AR

0

0%

0

0%

0

Amortisation

AS

0

0%

0

0%

0

Other tangible fixed assets

Net

42,522

-39.2 %

69,977

367.2 %

14,979

Gross

AT

112,725

11.2 %

101,383

333.1 %

23,410

Amortisation

AU

70,203

123.5 %

31,406

272.5 %

8,431

Fixed assets in construction

Net

2,988

-63.8 %

8,243

0%

0

Gross

AV

2,988

-63.8 %

8,243

0%

0

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

0

0%

0

0%

0

Gross

AX

0

0%

0

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

45,510

-41.8 %

78,220

422.2 %

14,979

 

 

Financial assets

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

7,614,047

8.6 %

7,014,047

0%

7,014,047

Gross

CU

7,614,047

8.6 %

7,014,047

0%

7,014,047

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

3,514,854

37.0 %

2,564,854

58.8 %

1,614,854

Gross

BB

3,514,854

37.0 %

2,564,854

58.8 %

1,614,854

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

0

0%

0

0%

0

Gross

BF

0

0%

0

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

108,080

81.3 %

59,604

520.6 %

9,604

Gross

BH

108,080

81.3 %

59,604

520.6 %

9,604

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

11,236,981

16.6 %

9,638,505

11.6 %

8,638,505

 

 

Current Assets (III)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total Assets

Net

7,140,164

103.0 %

3,517,179

-6.0 %

3,742,935

Gross

CJ

7,655,675

116.8 %

3,531,253

-6.0 %

3,756,029

Amortisation

CK

515,511

3562.9 %

14,074

7.5 %

13,094

 

 

Stocks

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Raw materials

Net

0

0%

0

0%

0

Gross

BL

0

0%

0

0%

0

Amortisation

BM

0

0%

0

0%

0

Work in progress (goods)

Net

0

0%

0

0%

0

Gross

BN

0

0%

0

0%

0

Amortisation

BO

0

0%

0

0%

0

Work in progress (services)

Net

0

0%

0

0%

0

Gross

BP

0

0%

0

0%

0

Amortisation

BQ

0

0%

0

0%

0

Semi-finished and finished products

Net

0

0%

0

0%

0

Gross

BR

0

0%

0

0%

0

Amortisation

BS

0

0%

0

0%

0

Goods for resale

Net

0

0%

0

0%

0

Gross

BT

0

0%

0

0%

0

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

0

0%

0

0%

0

 

 

Advance payments to suppliers

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Advance payments to suppliers

Net

0

0%

1,551

0%

0

Gross

BV

0

0%

1,551

0%

0

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Trade accounts receivable

Net

3,055,713

-8.8 %

3,350,164

31.4 %

2,550,562

Gross

BX

3,571,224

6.2 %

3,364,238

31.2 %

2,563,656

Amortisation

BY

515,511

3562.9 %

14,074

7.5 %

13,094

Other debtors

Net

4,010,871

14822.0 %

26,879

-97.7 %

1,147,994

Gross

BZ

4,010,871

14822.0 %

26,879

-97.7 %

1,147,994

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

7,066,584

109.3 %

3,377,043

-8.7 %

3,698,556

 

 

Divers

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

26,444

-72.1 %

94,622

190.6 %

32,561

Gross

CF

26,444

-72.1 %

94,622

190.6 %

32,561

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

26,444

-72.1 %

94,622

190.6 %

32,561

 

 

Prepaid expenses

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Prepaid expenses

Net

47,136

7.2 %

43,963

272.0 %

11,818

Gross

CH

47,136

7.2 %

43,963

272.0 %

11,818

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Multi-period charges

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

 

 

References

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

22,923

-5.4 %

24,237

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Grand Total (I to V)

EE

18,428,205

38.9 %

13,270,440

7.1 %

12,396,418

 

 

Shareholder Equity (I)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total shareholders' equity (Total I)

DL

9,788,886

16.4 %

8,411,416

17.5 %

7,160,075

Equity and shareholders' equity

DA

3,332,400

0%

3,332,400

1192.2 %

257,888

Issue and merger premiums

DB

2,347,705

0%

2,347,705

-13.3 %

2,709,075

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

333,240

1192.2 %

25,789

0%

25,789

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

3,225,981

192.9 %

1,101,515

-69.3 %

3,590,213

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

0

0%

0

0%

0

Profit or loss for the period

DI

549,560

-65.7 %

1,604,007

177.9 %

577,110

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total other capital resources (Total II)

DO

0

0%

0

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

0

0%

0

0%

0

 

 

Provisions for risks and charges (III)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total provisions for risks and charges (Total III)

DR

25,426

18.1 %

21,532

2561.6 %

809

Risk provisions

DP

0

0%

0

0%

0

Reserves for charges

DQ

25,426

18.1 %

21,532

2561.6 %

809

 

 

Liabilities (IV)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total Liabilities (Total IV)

EC

8,613,894

78.1 %

4,837,493

-7.6 %

5,235,535

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

2,260,000

513.4 %

368,452

-2.2 %

376,901

Sundry loans and financial liabilities

DV

3,481,004

36.7 %

2,547,366

59.2 %

1,600,576

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

0

0%

3,480

29.2 %

2,693

Trade accounts payables

DX

1,866,417

119.8 %

848,991

-64.1 %

2,366,328

Tax and social security liabilities

DY

198,327

-65.4 %

572,694

98.7 %

288,212

Fixed asset liabilities

DZ

0

0%

124,491

-26.8 %

170,000

Other debts

EA

808,146

117.2 %

372,019

-13.6 %

430,825

 

 

Translation loss (V)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Translation loss (Total V)

ED

0

0%

0

0%

0

 

 

Equalization accounts

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Deferred income

EB

0

0%

0

0%

0

 

 

References

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

6,863,893

114.5 %

3,199,300

-30.4 %

4,593,500

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

Result account

 

1 - Operating result (I-II)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Operating result (Total I-II)

GG

99,354

699.8 %

12,423

7.7 %

11,533

 

 

2 - Financial result (V-VI)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Financial result (Total V-VI)

GV

807,874

-48.8 %

1,578,484

2144.9 %

70,314

 

 

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

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

GW

907,228

-43.0 %

1,590,907

1843.8 %

81,847

 

 

4 - Extraordinary result (VII-VIII)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Extraordinary result (Total VII-VIII)

HI

-265,733

-53046.6 %

-500

-50100.0 %

1

 

 

Profit or loss

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Profit or loss

HN

549,560

-65.7 %

1,604,007

177.9 %

577,110

 

 

Total Income (I+III+V+VII)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

HL

13,105,510

17.2 %

11,181,415

25.9 %

8,879,986

 

 

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

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

HM

12,555,950

31.1 %

9,577,410

15.4 %

8,302,878

 

 

Operating income (I)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total operating income (Total I)

FR

11,919,583

24.9 %

9,546,106

8.9 %

8,761,965

 

 

Operating income (details)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Sale of goods for resale

FC

10,473,876

27.0 %

8,243,931

-0.4 %

8,273,228

France

FA

2,194,329

119.6 %

999,399

66.2 %

601,495

Export

FB

8,279,547

14.3 %

7,244,532

-5.6 %

7,671,733

Sale of goods produced

FF

0

0%

0

0%

0

France

FD

0

0%

0

0%

0

Export

FE

0

0%

0

0%

0

Sale of services

FI

1,423,141

9.6 %

1,298,115

165.8 %

488,314

France

FG

1,296,112

23.5 %

1,049,396

170.0 %

388,631

Export

FH

127,029

-48.9 %

248,719

149.5 %

99,683

Net turnover

FL

11,897,017

24.7 %

9,542,046

8.9 %

8,761,542

France

FJ

3,490,441

70.4 %

2,048,795

106.9 %

990,126

Export

FK

8,406,576

12.2 %

7,493,251

-3.6 %

7,771,416

Stocked production

FM

0

0%

0

0%

0

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

0

0%

0

0%

0

Release of reserves and provisions

FP

21,669

0%

0

0%

421

Other income

FQ

897

-77.9 %

4,060

202900.0 %

2

 

 

Operating charges (II)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total operating charges (Total II)

GF

11,820,229

24.0 %

9,533,683

9.0 %

8,750,432

 

 

Exploitation charges

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Purchase of goods for resale

FS

8,175,141

26.4 %

6,465,332

0.0 %

6,462,327

Change in stocks of goods for resale

FT

0

0%

0

0%

0

Purchase of raw materials

FU

0

0%

401

0%

0

Change in stocks of raw materials

FV

0

0%

0

0%

0

Other external purchases and charges

FW

2,492,786

16.8 %

2,134,381

1.7 %

2,097,709

Tax, duty and similar payments

FX

45,301

14.0 %

39,737

111.8 %

18,761

Payroll

FY

743,261

23.2 %

603,169

414.7 %

117,190

Social security costs

FZ

283,579

15.2 %

246,221

475.0 %

42,822

 

 

Depreciation

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Depreciation of fixed assets

GA

40,030

26.6 %

31,614

3122.6 %

981

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

13,551

1282.8 %

980

-54.4 %

2,148

Provisions for risks and charges

GD

603

-90.0 %

6,046

10507.0 %

57

 

 

Other charges

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Other charges

GE

25,977

347.7 %

5,802

-31.2 %

8,437

 

 

Operating charges (III-IV)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

Total financial income (Total V)

GP

941,115

-42.5 %

1,635,309

1381.3 %

110,398

Share financial income

GJ

800,000

-50.0 %

1,600,400

1500.4 %

100,000

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

141,115

314.7 %

34,030

240.8 %

9,985

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

0

0%

879

112.8 %

413

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

 

Financial charge (VI)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total financial charge (Total VI)

GU

133,241

134.5 %

56,825

41.8 %

40,084

Financial reserves and provisions

GQ

0

0%

0

0%

0

Interest and similar charges

GR

133,124

135.0 %

56,637

44.7 %

39,136

Exchange losses

GS

117

-37.8 %

188

-80.2 %

948

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total extraordinary income (Total VII)

HD

244,812

0%

0

0%

7,623

Extraordinary operating income

HA

234,312

0%

0

0%

0

Extraordinary income from capital transactions

HB

10,500

0%

0

0%

7,623

Released provisions and transferred charges

HC

0

0%

0

0%

0

 

 

Extraordinary charges (VIII)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total extraordinary charges (Total VIII)

HH

510,545

102009.0 %

500

-93.4 %

7,622

Extraordinary operating charges

HE

45

-91.0 %

500

0%

0

Extraordinary charges from capital transactions

HF

10,500

0%

0

0%

7,622

Extraordinary reserves and provisions

HG

500,000

0%

0

0%

0

 

 

Employee profit sharing (IX)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

 

Tax on profits (X)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Tax on profits (Total X)

HK

91,935

776.1 %

-13,598

97.3 %

-495,260

 

 

References

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Of which equipment leases

HP

0

0%

118,944

33.3 %

89,208

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

0

0%

0

0%

421

Of which trader's own contributions

A2

0

0%

0

0%

0

Of which royalties on licences and patents (income)

A3

0

0%

0

0%

0

Of which royalties on licences and patents (charges)

A4

0

0%

5,638

-12.9 %

6,476

 

 

OTHER INCOMES TAX RETURN FORMS

 

FIXED ASSETS

 

GRAND TOTAL FIXED ASSETS (I TO IV)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Gross value at begin of period

OG

0

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

0

0%

0

0%

0

Decreasess by budget item transfer

OK1

0

0%

0

0%

0

Decreasess by transfers

OK2

10,500

0%

0

0%

110,754

Gross value at the end of period

OL

11,427,583

16.5 %

9,812,743

13.2 %

8,669,514

 

 

Research and development Charge (Total I)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Gross value at begin of period

CZ

0

0%

0

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

0

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

0

0%

0

0%

0

 

 

Other budget item from Intangible fixed assets (Total II)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Gross value at begin of period

KD

74,581

881.3 %

7,600

0%

7,600

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

309

-99.5 %

57,012

0%

0

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

74,890

15.9 %

64,612

750.2 %

7,600

 

 

Tangible fixed assets (Total III)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Gross value at begin of period

LN

114,453

388.9 %

23,410

198.2 %

7,851

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

11,760

-86.4 %

86,217

454.1 %

15,559

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

10,500

0%

0

0%

0

Gross value at the end of period

NH

115,713

5.6 %

109,627

368.3 %

23,410

 

 

Financial assets (Total IV)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Gross value at begin of period

LQ

10,636,980

23.1 %

8,638,504

-1.3 %

8,749,258

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

600,000

-40.0 %

1,000,000

0%

0

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

0

0%

0

0%

110,754

Gross value at the end of period

NK

11,236,980

16.6 %

9,638,504

11.6 %

8,638,504

 

 

Reserve for depreciation

 

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

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

Reserve for depreciation value at begin of period

PE

48,817

542.3 %

7,600

0%

7,600

Increases

PF

20,523

0.2 %

20,475

0%

0

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

69,340

147.0 %

28,075

269.4 %

7,600

 

 

Total fixed assets amotisation (Total III)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Reserve for depreciation value at begin of period

QU

50,697

501.3 %

8,431

13.2 %

7,450

Increases

QV

19,507

-15.1 %

22,975

2242.0 %

981

Decreases

QW

0

0%

0

0%

0

Decreasess by budget item transfer

QX

70,204

123.5 %

31,406

272.5 %

8,431

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

Net value at begin of period

SP1

0

0%

0

0%

0

Increases

SP2

0

0%

0

0%

0

Depreciation of fixed assets during period

SP

0

0%

0

0%

0

Net value at the end of period

SR

0

0%

0

0%

0

 

 

Provisions included in balance sheet

 

Grand Total (I-II-III)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Value at begining of period

7C

38,897

179.8 %

13,903

18.8 %

11,698

Increases

UB

514,154

2269.0 %

21,703

884.3 %

2,205

Decreases

UC

12,114

0%

0

0%

0

Value at the end of period

UD

540,937

1419.2 %

35,606

156.1 %

13,903

 

 

Includes Total allocations

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Operating

UE

14,154

0%

0

0%

2,205

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

500,000

0%

0

0%

0

 

 

Includes Total Withdrawal

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Operating

UF

12,114

0%

0

0%

0

Financial

UH

0

0%

0

0%

0

Exceptional

UK

0

0%

0

0%

0

 

 

Total regulated provisions (Total I)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

 

 

Total risk and charge provisions (Total II)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Value at begining of period

5Z

24,823

2968.4 %

809

7.6 %

752

Increases

TV

603

-97.1 %

20,723

36256.1 %

57

Decreases

TW

0

0%

0

0%

0

Value at the end of period

TX

25,426

18.1 %

21,532

2561.6 %

809

 

 

Total Provision for depreciation (Total III)

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Value at begining of period

7B

14,074

7.5 %

13,094

19.6 %

10,946

Increases

TY

513,551

52303.2 %

980

-54.4 %

2,148

Decreases

TZ

12,114

0%

0

0%

0

Value at the end of period

UA

515,511

3562.9 %

14,074

7.5 %

13,094

 

 

State deadlines claims and debts at the end of period

 

State claims

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Gross value

VT

11,252,165

85.7 %

6,059,538

13.3 %

5,347,926

1 year at most

VU

6,322,120

85.3 %

3,412,157

-7.8 %

3,699,231

More than one year

VV

4,930,045

86.2 %

2,647,381

60.6 %

1,648,695

 

 

State of loans

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Claims related to holdings (gross)

UL

3,514,854

37.0 %

2,564,854

58.8 %

1,614,854

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

0

0%

0

0%

0

Loans (1 year at most)

UR

0

0%

0

0%

0

Other financial assets (gross)

UT

108,080

81.3 %

59,604

520.6 %

9,604

Other financial assets (1 year at most)

UV

0

0%

0

0%

0

 

 

Receivables statement of assets

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Customers doubtful or disputed

VA

1,307,111

5602.2 %

22,923

-5.4 %

24,237

Other claims customer

UX

2,264,113

-32.2 %

3,341,315

31.6 %

2,539,419

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%

1,745

0%

0

Social Security and other social organizations

UZ

940

-88.4 %

8,112

0%

0

Income taxes

VM

504,243

0%

0

0%

0

Value added tax

VB

9,795

-27.3 %

13,469

-26.6 %

18,353

Other taxes and payments assimilated

VN

6,227

0%

0

0%

0

State and other public - Miscellaneous

VP

0

0%

0

0%

0

Group and Associates

VC

3,488,001

0%

0

0%

1,129,641

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

VR

1,665

-53.1 %

3,553

0%

0

 

 

Prepaid

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Prepaid

VS

47,136

7.2 %

43,963

272.0 %

11,818

 

 

State Debt

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Total debt (gross)

VY

8,613,893

78.2 %

4,834,013

-7.6 %

5,232,841

1 year at most

VZ2

6,863,893

114.5 %

3,199,300

-30.4 %

4,593,500

More than 1 year and 5 years at most

VZ3

1,600,000

29.6 %

1,234,713

93.1 %

639,341

More than 5 years

VZ4

150,000

-62.5 %

400,000

0%

0

 

 

Details

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Convertible bonds (gross)

7Y1

0

0%

0

0%

0

1 year at most

7Y2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

0

Other bonds (gross)

7Z1

0

0%

0

0%

0

1 year at most

7Z2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Z3

0

0%

0

0%

0

Borrowing & debts to 1 year maximum at the origin (gross)

VG1

0

0%

0

0%

0

1 year at most

VG2

0

0%

0

0%

0

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

2,260,000

513.4 %

368,452

-2.2 %

376,901

1 year at most

VH2

510,000

109.9 %

242,976

31.0 %

185,511

More than 1 year and 5 years at most

VH3

1,600,000

1175.1 %

125,476

-34.4 %

191,390

Loans and various financial liabilities (gross)

8A1

0

0%

1,000,000

0%

0

1 year at most

8A2

0

0%

0

0%

0

More than 1 year and 5 years at most

8A3

0

0%

600,000

0%

0

Suppliers and associated accounts (gross)

8B1

1,866,417

119.8 %

848,991

-64.1 %

2,366,328

1 year at most

8B2

1,866,417

119.8 %

848,991

-64.1 %

2,366,328

More than 1 year and 5 years at most

8B3

1,866,417

119.8 %

848,991

-64.1 %

2,366,328

Personnel and associated accounts (gross)

8C1

86,495

-17.6 %

104,936

559.3 %

15,916

1 year at most

8C2

86,495

-17.6 %

104,936

559.3 %

15,916

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

75,274

-27.0 %

103,108

409.3 %

20,244

1 year at most

8D2

75,274

-27.0 %

103,108

409.3 %

20,244

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

309,144

29.6 %

238,502

1 year at most

8E2

0

0%

309,144

29.6 %

238,502

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

18,326

-36.9 %

29,030

2071.3 %

1,337

1 year at most

VW2

18,326

-36.9 %

29,030

2071.3 %

1,337

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

18,231

-31.1 %

26,476

116.8 %

12,213

1 year at most

VQ2

18,231

-31.1 %

26,476

116.8 %

12,213

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

124,491

-26.8 %

170,000

1 year at most

8J2

0

0%

124,491

-26.8 %

170,000

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

3,481,004

125.0 %

1,547,366

-3.3 %

1,600,576

1 year at most

VI2

3,481,004

156.3 %

1,358,333

-10.9 %

1,524,644

More than 1 year and 5 years at most

VI3

0

0%

189,033

149.0 %

75,932

More than 5 years

V14

0

0%

0

0%

0

Other liabilities (gross)

8K1

808,145

117.2 %

372,019

-13.6 %

430,825

1 year at most

8K2

808,145

1459.7 %

51,815

-11.9 %

58,806

More than 1 year and 5 years at most

8K3

0

0%

320,204

-13.9 %

372,019

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

0

1 year at most

8L2

0

0%

0

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

 

References

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Loans made during the period

VJ

260,000

-80.6 %

1,340,634

165.9 %

504,099

Debt repaid during the period

VK

0

0%

234,694

0%

0

 

 

Table allocation results and other information

 

Dividends distributed

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Commitments leasing furniture

YQ

0

0%

0

0%

0

Commitments Real Estate Leasing

YR

0

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

 

 

Other charges Externes

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

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

30/09/2011

Variation

30/09/2010

Average number of employees

YP

0

0%

12

300.0 %

3

 

 

Groups and Shareholders

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Fixed Asset Financing

1.37

18.1 %

1.16

9.4 %

1.06

2.15

-36.3 %

Global Debt

261 days

42.6 %

183 days

-14.9 %

215 days

103 days

153.4 %

Working Capital Fund overall net

129 days

115.0 %

60 days

200.0 %

20 days

63 days

104.8 %

Financial independence

170.51 %

-40.9 %

288.48 %

-20.3 %

362.08 %

205.44 %

-17.0 %

Solvability

53.12 %

-16.2 %

63.38 %

9.7 %

57.76 %

36.61 %

45.1 %

Capacity debt futures

1,919.39 %

-44.6 %

3,461.83 %

-10.3 %

3,859.65 %

1,162.10 %

65.2 %

Coverage of current assets by net working capital overall

56.09 %

22.6 %

45.75 %

253.3 %

12.95 %

44.04 %

27.4 %

General Liquidity

0.92

-14.0 %

1.07

32.1 %

0.81

0.73

26.0 %

Restricted Liquidity

0.92

-16.4 %

1.10

35.8 %

0.81

1.09

-15.6 %

 

 

Management or rotation

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Need background in operating working capital

127 days

130.9 %

55 days

205.6 %

18 days

32 days

296.9 %

Treasury

1 days

-75.0 %

4 days

300.0 %

1 days

13 days

-92.3 %

Inventory turnover of goods

0 days

0%

0 days

0%

0 days

62 days

0%

Average length of credit granted to customers

108 days

-15.0 %

127 days

21.0 %

105 days

52 days

107.7 %

Average length of credit obtained suppliers

63 days

75.0 %

36 days

-64.0 %

100 days

56 days

12.5 %

Inventory turnover of raw materials in industrial enterprises

0 days

0%

0 days

0%

0 days

0 days

0%

Inventory turnover of intermediate and finished products in the industrial enterprise

-

-

-

-

-

593 days

-

Rotation tangible assets

10,281.49 %

18.1 %

8,704.10 %

-76.7 %

37,426.49 %

884.02 %

1063.0 %

 

 

Profitability of the business

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Margin trading

19.32 %

3.6 %

18.64 %

-9.8 %

20.67 %

24.44 %

-20.9 %

Profitability of the business

1.32 %

140.0 %

0.55 %

111.5 %

0.26 %

3.50 %

-62.3 %

Net profit

4.62 %

-72.5 %

16.81 %

155.1 %

6.59 %

1.81 %

155.2 %

Growth rate of turnover (excluding VAT)

0.00 %

0%

8.91 %

-6.8 %

9.56 %

-1.39 %

0%

Rates integration

10.33 %

4.7 %

9.87 %

329.1 %

2.30 %

18.78 %

-45.0 %

Rate leasing furniture

0.00 %

0%

1.25 %

22.5 %

1.02 %

0.00 %

0%

Work Factor

83.54 %

-7.4 %

90.18 %

13.6 %

79.41 %

70.69 %

18.2 %

Weight interests

1.12 %

86.7 %

0.60 %

30.4 %

0.46 %

0.18 %

522.2 %

 

 

Return on capital

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Cash flow from the overall profitability

9.06 %

-47.1 %

17.14 %

159.7 %

6.60 %

2.87 %

215.7 %

Rates of economic profitability

1.00 %

0%

0.00 %

0%

0.00 %

13.00 %

-92.3 %

Financial profitability

9,788,886.00 %

16.4 %

8,411,416.00 %

17.5 %

7,160,075.00 %

135,438.00 %

7127.6 %

Return on investment

4.40 %

-70.0 %

14.66 %

117.2 %

6.75 %

7.77 %

-43.4 %

 

 

Management intermediate balances

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Turnover

11,897,017

24.7 %

9,542,046

8.9 %

8,761,542

925,695

1185.2 %

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Sales of goods

10,473,876

27.0 %

8,243,931

-0.4 %

8,273,228

-

- Purchase of goods

8,175,141

26.4 %

6,465,332

0.0 %

6,462,327

-

+/- Stock of goods variation

0

0%

0

0%

0

-

Trading margin

2,298,735 €

29.2 %

1,778,599 €

-1.8 %

1,810,901 €

183,805 €

1150.6 %

19.32 % CA

3.6 %

18.64 % CA

-9.8 %

20.67 % CA

25.30 % CA

-23.6 %

 

 

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Sale of goods produced

1,423,141

9.6 %

1,298,115

165.8 %

488,314

-

+/- Stocked production

0

0%

0

0%

0

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

1,423,141 €

9.6 %

1,298,115 €

165.8 %

488,314 €

43,715 €

3155.5 %

11.96 % CA

-12.1 %

13.60 % CA

144.2 %

5.57 % CA

3.51 % CA

240.7 %

 

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Trading margin

2,298,735

29.2 %

1,778,599

-1.8 %

1,810,901

183,805

1150.6 %

+ Period Production

1,423,141

9.6 %

1,298,115

165.8 %

488,314

43,715

3155.5 %

- Purchase of raw materials

0

0%

401

0%

0

-

+/- Change in stocks of raw materiels

0

0%

0

0%

0

-

- Other external purchases and charges

2,492,786

16.8 %

2,134,381

1.7 %

2,097,709

-

Added value

1,229,090 €

30.5 %

941,932 €

367.4 %

201,506 €

187,266 €

556.3 %

10.33 % CA

4.7 %

9.87 % CA

329.1 %

2.30 % CA

18.78 % CA

-45.0 %

 

 

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Added value

1,229,090 €

30.5 %

941,932 €

367.4 %

201,506 €

187,266 €

556.3 %

+ Operating grants

0

0%

0

0%

0

-

- Tax, duty and similar payments

45,301

14.0 %

39,737

111.8 %

18,761

-

- Personal charges

1,026,840

20.9 %

849,390

430.8 %

160,012

-

Gross operating surplus

156,949 €

197.2 %

52,805 €

132.3 %

22,733 €

29,367 €

434.4 %

1.32 % CA

140.0 %

0.55 % CA

111.5 %

0.26 % CA

3.50 % CA

-62.3 %

 

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Gross operating surplus

156,949 €

197.2 %

52,805 €

132.3 %

22,733 €

29,367 €

434.4 %

+ Release of reserves and provisions

21,669

0%

0

0%

421

-

+ Other operating income

897

-77.9 %

4,060

202900.0 %

2

-

- Depreciation/ Amortisation

54,184

40.2 %

38,640

1112.8 %

3,186

-

- Other charges

25,977

347.7 %

5,802

-31.2 %

8,437

-

Operating result

99,354 €

699.8 %

12,423 €

7.7 %

11,533 €

18,279 €

443.5 %

0.84 % CA

546.2 %

0.13 % CA

0%

0.13 % CA

2.21 % CA

-62.0 %

 

 

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Operating result

99,354 €

699.8 %

12,423 €

7.7 %

11,533 €

18,279 €

443.5 %

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

0

0%

0

0%

0

-

+ Financial income

941,115

-42.5 %

1,635,309

1381.3 %

110,398

-

- Financial charges

133,241

134.5 %

56,825

41.8 %

40,084

-

Pre-tax result

907,228 €

-43.0 %

1,590,907 €

1843.8 %

81,847 €

16,152 €

5517.0 %

7.63 % CA

-54.2 %

16.67 % CA

1692.5 %

0.93 % CA

2.07 % CA

268.6 %

 

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Extraordinary income

244,812

0%

0

0%

7,623

460

53177.9 %

-Extraordinary charges

510,545

102009.0 %

500

-93.4 %

7,622

-

Extraordinary result

-265,733 €

-53046.6 %

-500 €

-50100.0 %

1 €

0 €

0%

-2.23 % CA

-22200.0 %

-0.01 % CA

0%

0.00 % CA

0.00 % CA

0%

 

 

 

30/09/2013

Variation

30/09/2011

Variation

30/09/2010

SECTOR MEDIAN 2013

Pre-tax result

907,228 €

-43.0 %

1,590,907 €

1843.8 %

81,847 €

16,152 €

5517.0 %

Extraordinary result

-265,733 €

-53046.6 %

-500 €

-50100.0 %

1 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

91,935

776.1 %

-13,598

97.3 %

-495,260

-

Net result

549,560 €

-65.7 %

1,604,005 €

177.9 %

577,108 €

15,522 €

3440.5 %

4.62 % CA

-72.5 %

16.81 % CA

155.1 %

6.59 % CA

1.82 % CA

153.8 %

 

 

Synthesized Accounts

 

30/09/2011

30/09/2007

30/09/2006

Account period (month)

12

12

12

Account Type

Consolidated

Consolidated

Consolidated

Activity Code

4673A

4673A

4673A

 

 

Active account

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Capital not called

0

0%

0

0%

0

Total fixed assets

9,544,782

58.8 %

6,009,876

10.0 %

5,465,675

 Intangible assets

161,816

206.4 %

52,804

11.1 %

47,508

 Tangible assets

9,191,928

78.6 %

5,146,877

-2.3 %

5,268,107

 Financial assets

191,038

-76.4 %

810,195

439.9 %

150,060

Net current assets

22,674,992

20.0 %

18,890,412

1.1 %

18,686,092

 Stocks

10,663,595

23.4 %

8,644,133

-2.7 %

8,881,013

 Advanced payments

0

0%

176,079

140.7 %

73,152

 Receivables

9,925,056

9.0 %

9,102,183

4.5 %

8,712,277

 Securities and cash

2,086,341

115.5 %

968,017

-5.1 %

1,019,650

Accounts of regularization

0

0%

0

0%

0

Total Assets

32,219,774

29.4 %

24,900,288

3.1 %

24,151,767

 

 

Passive account

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Shareholders' equity

17,531,813

71.8 %

10,203,751

20.5 %

8,469,191

Share capital

3,332,400

1309.2 %

236,480

0%

236,480

Other capital resources

0

0%

12,942

-5.3 %

13,661

Risk Provisions

766,719

28.4 %

597,131

7.2 %

557,021

Liabilities

13,921,242

7.7 %

12,925,274

-3.6 %

13,402,196

 Financial liabilities

4,292,863

-15.8 %

5,099,966

-16.4 %

6,097,462

 Advanced payments received

92,998

-66.2 %

275,288

856.1 %

28,793

 Trade account payables

3,933,988

16.0 %

3,391,263

2.2 %

3,319,298

 Tax and social liabilities

3,644,415

37.5 %

2,649,721

8.8 %

2,436,145

 Other debts and fixed assets liabilities

1,525,819

1.1 %

1,509,036

-0.6 %

1,517,998

Account regularization

431,159

0%

0

0%

2,500

Total liabilities

32,219,774

29.4 %

24,900,288

3.1 %

24,151,767

 

 

Results

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Sales of Goods

48,747,754

27.5 %

38,232,352

12.4 %

34,027,816

Net turnover

48,317,218

26.7 %

38,132,388

14.9 %

33,201,273

 of which net export turnover

0

0%

0

0%

0

Operating charges

45,815,851

26.3 %

36,277,303

11.8 %

32,442,465

Operating profit/loss

2,931,903

50.0 %

1,955,049

23.3 %

1,585,351

Financial income

131,342

-23.7 %

172,131

16.3 %

147,944

Financial charges

249,824

-6.0 %

265,753

83.0 %

145,249

Financial profit/loss

-118,482

-26.6 %

-93,622

-3573.9 %

2,695

Pretax net operating income

2,813,421

51.1 %

1,861,427

17.2 %

1,588,046

Extraordinary income

300,999

-54.9 %

666,782

153.7 %

262,838

Extraordinary charges

42,047

-91.8 %

515,827

248.5 %

148,032

Extraordinary profit/loss

258,952

71.5 %

150,955

31.5 %

114,806

 

 

Consolidation

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Net result before amortisation of goodwill

2,081,655

35.3 %

1,538,442

27.1 %

1,210,413

Goodwill amortisation allocation

0

0%

0

0%

0

Net result of equity affiliates companies

0

0%

0

0%

0

Net result of integrated companies

0

0%

0

0%

0

Group result (consolidated net result)

2,081,655

35.3 %

1,538,442

27.1 %

1,210,413

Share of minority interest (Result except group)

0

0%

77,838

-62.1 %

205,111

Net result - group share (part of parent company)

2,081,655

42.5 %

1,460,604

45.3 %

1,005,302

 

 

Accounts – Active

 

Normal Account

 

30/09/2011

30/09/2007

30/09/2006

Account period (month)

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Grand Total (I to VI)

Net

32,219,774

29.4 %

24,900,288

3.1 %

24,151,767

Gross

CO

53,529,164

28.5 %

41,667,467

3.5 %

40,246,434

Amortisation

1A

21,309,390

27.1 %

16,767,179

4.2 %

16,094,667

 

 

Capital subscribed not called (I)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Capital suscribed not called (I)

AA3

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total Active fixed asset (II)

Net

9,544,782

58.8 %

6,009,876

10.0 %

5,465,675

Gross

BJ

30,424,321

36.7 %

22,262,184

6.9 %

20,830,656

Amortisation

BK

20,879,539

28.5 %

16,252,308

5.8 %

15,364,981

 

 

Intangible fixed assets

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

AE

0

0%

0

0%

0

Distributorships, patents

Net

115,252

1747.0 %

6,240

561.0 %

944

Gross

AF

314,826

141.5 %

130,373

-4.1 %

135,961

Amortisation

AG

199,574

60.8 %

124,133

-8.1 %

135,017

Goodwill

Net

46,564

0%

46,564

0%

46,564

Gross

AH

46,564

0%

46,564

0%

46,564

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

9,022

18.4 %

7,622

0%

7,622

Amortisation

AK

9,022

18.4 %

7,622

0%

7,622

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

161,816

206.4 %

52,804

11.1 %

47,508

 

 

Tangible fixed assets

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Acquisition difference

Net

0

0%

0

0%

0

Gross

A11

0

0%

0

0%

0

Amortisation

A12

0

0%

0

0%

0

Goodwill

Net

0

0%

0

0%

0

Gross

A21

0

0%

0

0%

0

Amortisation

A22

0

0%

0

0%

0

Difference from the first consolidation

Net

0

0%

0

0%

0

Gross

A31

0

0%

0

0%

0

Amortisation

A32

0

0%

0

0%

0

Lands

Net

348,855

-25.2 %

466,085

91.2 %

243,785

Gross

AN

531,867

-6.3 %

567,430

72.0 %

329,956

Amortisation

AO

183,012

80.6 %

101,345

17.6 %

86,171

Buildings

Net

2,372,201

37.0 %

1,731,039

8.2 %

1,599,172

Gross

AP

6,863,463

8.5 %

6,324,238

2.1 %

6,191,491

Amortisation

AQ

4,491,262

-2.2 %

4,593,199

0.0 %

4,592,319

Plant

Net

4,348,046

97.8 %

2,198,611

-6.4 %

2,348,896

Gross

AR

17,267,722

35.5 %

12,739,251

5.1 %

12,120,467

Amortisation

AS

12,919,676

22.6 %

10,540,640

7.9 %

9,771,571

Other tangible fixed assets

Net

1,138,569

149.8 %

455,752

15.3 %

395,254

Gross

AT

3,565,160

165.8 %

1,341,121

14.9 %

1,167,535

Amortisation

AU

2,426,591

174.1 %

885,369

14.6 %

772,281

Fixed assets in construction

Net

448,832

51.9 %

295,390

-56.6 %

681,000

Gross

AV

448,832

51.9 %

295,390

-56.6 %

681,000

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

535,425

0%

0

0%

0

Gross

AX

535,425

0%

0

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

9,191,928

78.6 %

5,146,877

-2.3 %

5,268,107

 

 

Financial assets

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

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

82,810

-2.1 %

84,561

2.1 %

82,810

Gross

CU

85,006

0.5 %

84,561

2.1 %

82,810

Amortisation

CV

2,196

0%

0

0%

0

Inter-company receivables

Net

0

0%

648,892

0%

0

Gross

BB

648,206

-0.1 %

648,892

0%

0

Amortisation

BC

648,206

0%

0

0%

0

Other investment securities

Net

0

0%

7,622

0%

7,622

Gross

BD

0

0%

7,622

0%

7,622

Amortisation

BE

0

0%

0

0%

0

Loans

Net

0

0%

18,689

-48.8 %

36,526

Gross

BF

0

0%

18,689

-48.8 %

36,526

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

108,228

114.6 %

50,431

118.3 %

23,102

Gross

BH

108,228

114.6 %

50,431

118.3 %

23,102

Amortisation

BI

0

0%

0

0%

0

Other financial assets

Net

0

0%

0

0%

0

Gross

A41

0

0%

0

0%

0

Amortisation

A42

0

0%

0

0%

0

Sub Total Financial assets

Net

191,038

-76.4 %

810,195

439.9 %

150,060

 

 

Current Assets (III)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total Assets

Net

22,674,992

20.0 %

18,890,412

1.1 %

18,686,092

Gross

CJ

23,104,843

19.1 %

19,405,283

-0.1 %

19,415,778

Amortisation

CK

429,851

-16.5 %

514,871

-29.4 %

729,686

 

 

Stocks

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Raw materials

Net

5,588,713

46.4 %

3,817,432

3.3 %

3,694,887

Gross

BL

5,610,671

43.2 %

3,916,939

4.1 %

3,763,597

Amortisation

BM

21,958

-77.9 %

99,507

44.8 %

68,710

Work in progress (goods)

Net

449,035

5.5 %

425,501

-37.3 %

678,233

Gross

BN

450,155

5.2 %

427,795

-37.2 %

681,176

Amortisation

BO

1,120

-51.2 %

2,294

-22.1 %

2,943

Work in progress (services)

Net

5,479

54.5 %

3,547

-82.0 %

19,723

Gross

BP

5,479

54.5 %

3,547

-82.0 %

19,723

Amortisation

BQ

0

0%

0

0%

0

Semi-finished and finished products

Net

4,600,027

8.8 %

4,227,908

-2.5 %

4,336,936

Gross

BR

4,806,392

10.0 %

4,367,951

-6.6 %

4,675,803

Amortisation

BS

206,365

47.4 %

140,043

-58.7 %

338,867

Goods for resale

Net

20,341

-88.0 %

169,745

12.2 %

151,234

Gross

BT

20,341

-88.0 %

169,745

12.2 %

151,234

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

10,663,595

23.4 %

8,644,133

-2.7 %

8,881,013

 

 

Advance payments to suppliers

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Advance payments to suppliers

Net

0

0%

176,079

140.7 %

73,152

Gross

BV

0

0%

176,079

140.7 %

73,152

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Trade accounts receivable

Net

7,536,248

-4.9 %

7,922,846

17.3 %

6,753,594

Gross

BX

7,736,291

-5.6 %

8,195,873

15.9 %

7,072,760

Amortisation

BY

200,043

-26.7 %

273,027

-14.5 %

319,166

Other debtors

Net

2,388,808

231.2 %

721,242

-52.8 %

1,529,237

Gross

BZ

2,389,173

231.3 %

721,242

-52.8 %

1,529,237

Amortisation

CA

365

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

9,925,056

14.8 %

8,644,088

4.4 %

8,282,831

 

 

Divers

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Investment securities

Net

887,742

83.7 %

483,355

62.7 %

297,009

Gross

CD

887,742

83.7 %

483,355

62.7 %

297,009

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

1,198,599

147.3 %

484,662

-32.9 %

722,641

Gross

CF

1,198,599

147.3 %

484,662

-32.9 %

722,641

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

0

0%

0

0%

0

 

 

Prepaid expenses

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Prepaid expenses

Net

0

0%

458,095

6.7 %

429,446

Gross

CH

0

0%

458,095

6.7 %

429,446

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Multi-period charges

CW3

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

 

 

References

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to IV)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Grand Total (I to IV)

EE

32,219,774

29.4 %

24,900,288

3.1 %

24,151,767

 

 

Shareholder Equity (I)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total shareholders' equity (Total I)

DL

17,531,813

71.8 %

10,203,751

20.5 %

8,469,191

Equity and shareholders' equity

DA

3,332,400

1309.2 %

236,480

0%

236,480

Issue and merger premiums

DB

2,347,705

74.0 %

1,348,903

8.1 %

1,247,648

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

0

0%

23,648

0%

23,648

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

0

0%

0

Other reserves

DG

9,770,053

36.9 %

7,134,116

19.6 %

5,966,877

Profits or losses brought forward

DH

0

0%

0

0%

-10,764

Conversion differences

P1

0

0%

0

0%

0

Net result - group part

P2

2,081,655

42.5 %

1,460,604

45.3 %

1,005,302

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total other capital resources (Total II)

DO

0

0%

12,942

-5.3 %

13,661

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

0

0%

12,942

-5.3 %

13,661

Others

P3

0

0%

0

0%

0

 

 

Provisions for risks and charges (III)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total provisions for risks and charges (Total III)

DR

766,719

28.4 %

597,131

7.2 %

557,021

Conversion differences

P4

0

0%

0

0%

0

In reserves

P5

0

0%

1,083,352

-28.0 %

1,504,587

In results

P6

0

0%

77,838

-62.1 %

205,111

Total III

P7

0

0%

1,161,190

-32.1 %

1,709,698

Delayed tax

P8

0

0%

7,872

35.2 %

5,823

Acquisition differences

P9

0

0%

0

0%

0

Risk provisions

DP

45,000

50.0 %

30,000

-11.2 %

33,800

Reserves for charges

DQ

721,719

29.0 %

559,259

8.1 %

517,398

 

 

Liabilities (IV)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total Liabilities (Total IV)

EC

13,921,242

7.7 %

12,925,274

-3.6 %

13,402,196

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

345,265

-92.2 %

4,418,146

-11.8 %

5,010,797

Sundry loans and financial liabilities

DV

3,947,598

479.0 %

681,820

-37.3 %

1,086,665

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

92,998

-66.2 %

275,288

856.1 %

28,793

Trade accounts payables

DX

3,933,988

16.0 %

3,391,263

2.2 %

3,319,298

Tax and social security liabilities

DY

3,644,415

37.5 %

2,649,721

8.8 %

2,436,145

Fixed asset liabilities

DZ

261,684

-29.6 %

371,525

0%

0

Other debts

EA

1,264,135

11.1 %

1,137,511

-25.1 %

1,517,998

 

 

Translation loss (V)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Translation loss (Total V)

ED

0

0%

0

0%

0

 

 

Equalization accounts

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Deferred income

EB

431,159

0%

0

0%

2,500

 

 

References

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

0

0%

0

0%

0

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

Result account

 

1-     Operating result (I-II)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Operating result (Total I-II)

GG

2,931,903

50.0 %

1,955,049

23.3 %

1,585,351

 

 

2 - Financial result (V - VI)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Financial result (Total V-VI)

GV

-118,482

-26.6 %

-93,622

-3573.9 %

2,695

 

 

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

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

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

GW

2,813,421

51.1 %

1,861,427

17.2 %

1,588,046

 

 

4 - Extraordinary result (VII-VIII)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Extraordinary result (Total VII-VIII)

HI

258,952

71.5 %

150,955

31.5 %

114,806

 

 

Consolidation

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Delayed tax

R1

0

0%

2,246

-92.8 %

31,203

Net result before amortisation of acquisition differences

R2

2,081,655

35.3 %

1,538,442

27.1 %

1,210,413

Endowment to amortisation of acquisition differences

R3

0

0%

0

0%

0

Net result of companies set in equivalence

R4

0

0%

0

0%

0

Net result of integrated companies

R5

0

0%

0

0%

0

Group result (consolidated net result)

R6

2,081,655

35.3 %

1,538,442

27.1 %

1,210,413

Cross-reference : equipment leasing

R7

0

0%

77,838

-62.1 %

205,111

Cross-reference : property leasing

R8

2,081,655

42.5 %

1,460,604

45.3 %

1,005,302

 

 

Operating income (I)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total operating income (Total I)

FR

48,747,754

27.5 %

38,232,352

12.4 %

34,027,816

 

 

Operating income (details)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Sale of goods for resale

FC

283,565

-66.5 %

847,060

-74.1 %

3,269,006

France

FA

283,565

-66.5 %

847,060

-74.1 %

3,269,006

Export

FB

0

0%

0

0%

0

Sale of goods produced

FF

44,597,718

28.9 %

34,601,518

23.7 %

27,981,584

France

FD

44,597,718

28.9 %

34,601,518

23.7 %

27,981,584

Export

FE

0

0%

0

0%

0

Sale of services

FI

3,435,935

28.0 %

2,683,810

37.6 %

1,950,683

France

FG

3,435,935

28.0 %

2,683,810

37.6 %

1,950,683

Export

FH

0

0%

0

0%

0

Net turnover

FL

48,317,218

26.7 %

38,132,388

14.9 %

33,201,273

France

FJ

48,317,218

26.7 %

38,132,388

14.9 %

33,201,273

Export

FK

0

0%

0

0%

0

Stocked production

FM

150,749

126.1 %

-577,409

-389.9 %

199,203

Self-constructed assets

FN

21,536

-21.3 %

27,354

31.8 %

20,762

Operating grants

FO

11,055

-77.3 %

48,798

-43.6 %

86,526

Release of reserves and provisions

FP

217,677

-57.5 %

512,239

5.6 %

485,055

Other income

FQ

29,519

-66.8 %

88,982

154.3 %

34,997

 

 

Operating charges (II)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total operating charges (Total II)

GF

45,815,851

26.3 %

36,277,303

11.8 %

32,442,465

 

 

Exploitation charges

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Purchase of goods for resale

FS

0

0%

875,583

21.0 %

723,871

Change in stocks of goods for resale

FT

0

0%

51,356

-36.9 %

81,380

Purchase of raw materials

FU

18,518,300

30.8 %

14,158,720

10.1 %

12,854,384

Change in stocks of raw materials

FV

0

0%

-133,571

76.5 %

-568,847

Other external purchases and charges

FW

9,891,540

19.0 %

8,312,067

14.3 %

7,269,444

Tax, duty and similar payments

FX

913,439

39.9 %

653,086

1.2 %

645,231

Payroll

FY

10,453,343

30.7 %

8,000,830

11.4 %

7,180,306

Social security costs

FZ

3,656,478

34.1 %

2,726,891

10.7 %

2,463,293

 

 

Depreciation

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Depreciation of fixed assets

GA

2,075,512

62.7 %

1,275,322

19.2 %

1,069,790

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

113,202

-43.4 %

200,077

-59.0 %

488,540

Provisions for risks and charges

GD

87,874

85.3 %

47,410

-16.0 %

56,436

 

 

Other charges

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Other charges

GE

106,163

-3.1 %

109,532

-38.7 %

178,637

 

 

Operating charges (III-IV)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

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)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total financial income (Total V)

GP

131,342

-23.7 %

172,131

16.3 %

147,944

Share financial income

GJ

0

0%

521

0%

0

Other investment income & capitalised receivables

GK

0

0%

305

-93.5 %

4,723

Other interest and similar income

GL

118,179

4.0 %

113,680

22.3 %

92,955

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

13,163

-77.2 %

57,625

17.1 %

49,192

Net income from disposal of investment securities

GO

0

0%

0

0%

1,074

 

 

Financial charge (VI)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total financial charge (Total VI)

GU

249,824

-6.0 %

265,753

83.0 %

145,249

Financial reserves and provisions

GQ

0

0%

236,699

80.7 %

131,009

Interest and similar charges

GR

249,636

759.2 %

29,054

104.0 %

14,240

Exchange losses

GS

188

0%

0

0%

0

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total extraordinary income (Total VII)

HD

300,999

-54.9 %

666,782

153.7 %

262,838

Extraordinary operating income

HA

22,076

-89.8 %

215,763

560.1 %

32,684

Extraordinary income from capital transactions

HB

273,374

-38.6 %

445,470

143.1 %

183,220

Released provisions and transferred charges

HC

5,549

0%

5,549

-88.2 %

46,934

 

 

Extraordinary charges (VIII)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Total extraordinary charges (Total VIII)

HH

42,047

-91.8 %

515,827

248.5 %

148,032

Extraordinary operating charges

HE

13,322

-64.4 %

37,426

-3.9 %

38,949

Extraordinary charges from capital transactions

HF

28,725

-94.0 %

478,401

511.1 %

78,283

Extraordinary reserves and provisions

HG

0

0%

0

0%

30,800

 

 

Employee profit sharing (IX)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Employee profit sharing (Total IX)

HJ

0

0%

100,165

0.7 %

99,422

 

 

Tax on profits (X)

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Tax on profits (Total X)

HK

990,718

166.7 %

371,529

2.7 %

361,814

 

 

References

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Of which equipment leases

HP

0

0%

0

0%

0

Of which property leases

HQ

0

0%

0

0%

0

 

 

Ratios

 

Structure and Liquidity

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Fixed Asset Financing

1.43

-0.7 %

1.44

-1.4 %

1.46

Global Debt

103.72 days

-15.0 %

122.02 days

-16.0 %

145.32 days

Working Capital Fund overall net

97.21 days

4.0 %

93.50 days

-10.8 %

104.87 days

Financial independence

5,077.78 %

2098.6 %

230.95 %

36.6 %

169.02 %

Solvability

54.41 %

32.6 %

41.03 %

16.8 %

35.12 %

 

 

Management or rotation

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Need background in operating working capital

84.87 days

-6.7 %

91.00 days

-15.5 %

107.72 days

Treasury

15.54 days

70.0 %

9.14 days

-17.4 %

11.06 days

Inventory turnover of goods

0.00 days

0%

65.92 days

-2.5 %

67.61 days

Inventory turnover of raw materials in industrial enterprises

109.07 days

9.5 %

99.59 days

-5.5 %

105.40 days

Inventory turnover of intermediate and finished products in the industrial enterprise

0.00 days

0%

0.19 days

-59.6 %

0.47 days

 

 

Profitability of the business

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Margin trading

283,565.00 %

-66.5 %

847,057.57 %

-74.1 %

3,269,003.57 %

Profitability of the business

10.49 %

34.0 %

7.83 %

-9.1 %

8.61 %

Rates integration

41.56 %

10.7 %

37.55 %

-4.6 %

39.34 %

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

Weight interests

0.52 %

-25.7 %

0.70 %

59.1 %

0.44 %

 

 

Return on capital

 

30/09/2011

Variation

30/09/2007

Variation

30/09/2006

Rates of economic profitability

23.22 %

19.1 %

19.50 %

-0.6 %

19.61 %

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.58

UK Pound

1

Rs.100.30

Euro

1

Rs.72.38

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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.