MIRA INFORM REPORT

 

 

Report No. :

322812

Report Date :

18.05.2015

 

IDENTIFICATION DETAILS

 

Name :

TEEM PHOTONICS

 

 

Registered Office :

Teem Photonics 61 Che Du Vieux Chene 38240 Meylan

 

 

Country :

France

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

December 1994

 

 

Legal Form :

Plc with management board

 

 

Line of Business :

Manufacture of optical instruments and photographic equipment.

 

 

No. of Employee :

20 to 49 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Clear

 

 

NOTES :

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

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

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

TEEM PHOTONICS

Acronym

-

Trade name

-

Status

Economically active

Postal Address

TEEM PHOTONICS
61 CHE DU VIEUX CHENE
38240 MEYLAN

Share Capital

919,999 Euros

Incorporiation Date

12/1994

Activity (APE)

 
Manufacture of optical instruments and photographic equipment  (2670Z)

RCS Registration

RCS Grenoble B 399 229 434

Formation Date

12/1994

EUR VAT Number

FR20399229434

Deregistration Date

-

Last account Date

31/12/2013

Court Registry Number

19 9 8B01232

Telephone

04 76 04 05 06

Registration Court

Grenoble (38)

Fax

-

Nationality

France

Legal form

Plc with management board

Currency

Euros

 

 

Key Financials

 

YEAR TO DATE

TURNOVER

GROSS OPERATING SURPLUS

SHAREHOLDER'S EQUITY

NET RESULT

EMPLOYEES

31/12/2013

4,032,694 €

-6.23% Turnover

66,192 €

-145,643 €

20 to 49 employees

31/12/2012

4,115,080 €

-21.74% Turnover

207,830 €

-734,452 €

-

31/12/2011

3,988,951 €

-24.89% Turnover

19,969 €

-606,951 €

-

 

 

Ultimate Holding Company

 

Name

Country

Company Number

TEEM PHOTONICS

399229434

Affiliation links.

 

 

Directors

 

Current Directors

2

 

 

Preferential Right

 

No social security and tax office preferential right to date

 

 

Payment Information Summary – Trade Payment Data

 

Total number of Invoices available

98

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

90

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

8

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

0

Total number of Invoices currently outstanding beyond the due date

0

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Establishment Details

 

Type of Establishment

Head Office

Production Role

-

APE/NAF Code

2670Z

Activity

Manufacture of optical instruments and photographic equipment.

Formation Date

01/2002

Reason for Formation

Other

Closure Date

-

Reason for Closure

-

Reactivation Date

01/2003

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

61 CHEMIN DU VIEUX CHENE 
38240 MEYLAN

Department

Isère (38)

Location Surface

-

District

1

City

MEYLAN

Status

Economically active

Business Pages FT®

-

Region

Rhône-Alpes

Area

50

Size of Urban Area

Urban unit with 200 000 to 1 999 999 inhabitants

 

 

Ultimate Parent(s)

 

1 ultimate parent company/companies for this company

 

Company Name

Activity (APE)

APE/NAF Code

City

Post Code

TEEM PHOTONICS

Manufacture of optical instruments and photographic equipment.

2670Z

MEYLAN

38240

 

 

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

4 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

TEEM PHOTONICS

Head Office

2670Z

Manufacture of optical instruments and photographic equipment.

MEYLAN

38240

TEEM PHOTONICS

Branch

2670Z

Manufacture of optical instruments and photographic equipment.

MEYLAN

38240

TEEM PHOTONICS

Branch

2670Z

Manufacture of optical instruments and photographic equipment.

MEYLAN

38240

TEEM PHOTONICS

Branch

2670Z

Manufacture of optical instruments and photographic equipment.

MEYLAN

38240

TEEM PHOTONICS

Branch

2670Z

Manufacture of optical instruments and photographic equipment.

MEYLAN

38240

 

 

Workforces

 

Workforce at address

20 to 49 employees

Company workforce

20 to 49 employees

 

 

Commentary

 

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

 

The return on total assets employed is negative

The debtor days are 144.80

The liquidity acid test is less than 65%

The sales to current assets ratio is 1.60

The decrease of shareholder's equity over the past two years is more than 25%

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

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

The ratio total assets to total liabilities is 1.37

The tangible fixed assets are 209,825 €

The company is 20 years old

Industry code with low risk rating

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

Company monitored since

14/09/2007

Status of Monitoring

No social security and tax office preferential right to date

 

 

Social security, pension funds 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

30900841

20/08/2009

08/01/2010

PREMALLIANCE COTISATIONS

14,946 EUR

-

Reason for closure

Crossed Off

Court

Grenoble

Creditor

PREMALLIANCE COTISATIONS 

Debtor

DEBITEUR RAPPROCHE 

Pledges

Interest rate

0

 

 

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

40900533

08/12/2009

11/09/2014

TRESORERIE DE MEYLAN

15,361 EUR

-

Reason for closure

Crossed Off

Court

Grenoble

Creditor

TRESORERIE DE MEYLAN 

Debtor

TEEM PHOTONICS 
61 CHE du Vieux Chêne 38240 MEYLAN

Pledges

Interest rate

0

 

 

Group Data

 

Ultimate parent company

TEEM PHOTONICS

Direct parent

-

Group – Number of companies

2

Linkages – Number of companies

-

Number of countries

-

 

 

 

NAME

SIREN

PARTS

LAST ACCOUNT PUBLISHED

1

TEEM PHOTONICS

399229434

-

31/12/2013

2

TEEM PHOTONICS

-

100 %

-

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. NISAR FAISAL

Manager position

President of the supervisory council

Date of birth

31/07/1975

Place of birth

LAHORE(PAKISTAN)

Type

Individual

Name at birth

Name

M. KEVORKIAN ANTOINE

Manager position

President of the management board

Date of birth

22/07/1960

Place of birth

ST MAUR(94)

Type

Individual

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

President of the management board

M. KEVORKIAN ANTOINE

22/07/1960 - ST MAUR(94)

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

11/09/2014

Bodacc C

Comptes annuels et rapports

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

1260 - 399229434 RCS. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : 61 chemin du Vieux Chêne 38240 Meylan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

28/08/2013

Bodacc C

Comptes annuels et rapports

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

6100 - 399229434 RCS. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : 61 chemin du Vieux Chêne 38240 Meylan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

02/08/2013

JAL

Continuation of activity in spite of stockholders' equity become lower in the middle of the share capital

Essor (L')/Edition de l'Isère


Date de décision : 16/07/2013 
Poursuite d'activité malgré des fonds propres devenus inférieurs à la moitié du capital social de la société 399229434 -  TEEM PHOTONICS, 61 CHE DU VIEUX CHENE, 38240 MEYLAN 
Date d'effet : 16/07/2013

15/02/2013

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

1140 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Capital : 919999.96 EUR. Activité : . 
Commentaires : Modification du capital.

25/01/2013

JAL

Modification of the share capital

Essor (L')/Edition de l'Isère


Date de décision : 12/11/2012
La société : 399229434 - TEEM PHOTONICS, 61 CHE DU VIEUX CHENE, 38240 MEYLAN a subi une augmentation de son capital socialdésormais de 920 000 € 
Date d'effet : 12/11/2012

10/09/2012

Bodacc C

Comptes annuels et rapports

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

7129 - 399229434 RCS. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : 61 chemin du Vieux Chêne 38240 Meylan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

15/02/2012

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

1511 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Administration : Modification du(es) représentant(s) permanent(s) de membre du conseil de surveillance ACP SAS Sté par actions simplifiée : TOULOUSE Benoît Marie Hubert nom d'usage : TOULOUSE n'est plus représentant permanent; LANCELLOTTI Fabio nom d'usage : LANCELLOTTI devient représentant permanent. Activité : . 
Commentaires : Modification de l'administration.

26/10/2011

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

1760 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Capital : 328626.39 EUR. Activité : . 
Commentaires : Modification du capital.

14/10/2011

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

627 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Administration : DZIALOWSKI Yves Dominique nom d'usage : DZIALOWSKI n'est plus membre du conseil de surveillance. Activité : . 
Commentaires : Modification de l'administration.

14/10/2011

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

628 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Administration : HARDWICK David Lee nom d'usage : HARDWICK devient membre du conseil de surveillance. Activité : . 
Commentaires : Modification de l'administration.

20/09/2011

Bodacc C

Comptes annuels et rapports

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

4427 - 399229434 RCS. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : 61 chemin du Vieux Chêne 38240 Meylan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

20/09/2011

Bodacc C

Comptes annuels et rapports

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

4428 - 399229434 RCS. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : 61 chemin du Vieux Chêne 38240 Meylan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

09/09/2011

JAL

Modification of the share capital

Affiches de Grenoble et du Dauphiné (Les)


Date de décision : 29/07/2011
La société : 399229434 - TEEM PHOTONICS, 61 CHE DU VIEUX CHENE, 38240 MEYLAN a subi une augmentation de son capital social désormais de 328 626 € 
Date d'effet : 29/07/2011

10/08/2011

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

1450 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Capital : 304090.65 EUR. Activité : . 
Commentaires : Modification du capital.

10/08/2011

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

1525 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société anonyme à directoire et conseil de surveillance. Capital : 304920.65 EUR. Activité : . 
Commentaires : Modification du capital.

08/07/2011

JAL

Modification of the share capital

Essor (L')/Edition de l'Isère


Date de décision : 22/02/2011
La société : 399229434 - TEEM PHOTONICS, 61 CHE DU VIEUX CHENE, 38240 MEYLAN a subi une augmentation de son capital social désormais de 304 921 € 
Date d'effet : 22/02/2011

30/06/2011

JAL

Modification of the share capital

Terre Dauphinoise


Date de décision : 21/06/2010
La société : 399229434 - TEEM PHOTONICS, 61 CHE DU VIEUX CHENE, 38240 MEYLAN a subi une augmentation de son capital social désormais de 304 091 € 
Date d'effet : 21/06/2010

26/05/2010

Bodacc C

Comptes annuels et rapports

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

3581 - 399229434 RCS. TEEM PHOTONICS. Forme : Société Anonyme à Directoire et à Conseil de Surveillance. Adresse : 61 chemin du Vieux Chêne 38240 Meylan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

26/05/2010

Bodacc C

Comptes annuels et rapports

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

3582 - 399229434 RCS. TEEM PHOTONICS. Forme : Société Anonyme à Directoire et à Conseil de Surveillance. Adresse : 61 chemin du Vieux Chêne 38240 Meylan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

31/08/2008

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

614 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société Anonyme à Directoire et à Conseil de Surveillance. Administration : Modification du(es) représentant(s) permanent(s) de membre du conseil de surveillance SCHNEIDER ELECTRIC VENTURES sté par actions simplifiée : TOULOUSE Benoît Marie Hubert nom d'usage : TOULOUSE devient représentant permanent. 
Commentaires : Modification de l'administration.

16/03/2008

Bodacc B

Modification et mutation diverse

38 - ISERE

GREFFE DU TRIBUNAL DE COMMERCE DE GRENOBLE

2559 - 399 229 434 RCS Grenoble. TEEM PHOTONICS. Forme : Société Anonyme à Directoire et à Conseil de Surveillance. Capital : 217542.87 EUR. 
Commentaires : Modification du capital.

04/09/2007

Bodacc B

Modifications et mutations diverses

852 - RCS Grenoble 399 229 434. RC 98-B 01232. TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : 61 chemin du Vieux-Chêne,, 38240 Administration : modification de la désignation d'un membre : CDC INNOVATION S.A.S., représentée par DESBARD (Michel, René).

30/03/2007

Bodacc C

Avis de dépôt des comptes

2688 - RCS Grenoble B 399 229 434. RC 98-B 1232. TEEM PHOTONICS. Forme: S.A. Adresse du siège social: 61, Chemin du Vieux Chene,38240 Meylan. Comptes annuels et rapports de l'exercice clos le: 31 juillet 2006.

04/03/2007

Bodacc C

Avis de dépôt des comptes

1347 - RCS Grenoble B 399 229 434. RC 98-B 1232. TEEM PHOTONICS. Forme: S.A. Adresse du siège social: 61, Chemin du Vieux Chene,38240 Meylan. Comptes annuels et rapports de l'exercice clos le: 31 juillet 2005.

22/08/2006

Bodacc A

Vente et cession

0693 - RCS non encore inscrit. GOULD TECHNOLOGY. Forme : societé de droit étranger. Adresse du siège social : 31707 Albany-Ga-E-U Etablissement principal - Activité : production et de vente de la ligne d'assemblage et de mise en boîtier des diviseurs planaires et de composants annexes.. Adresse : 61, chemin du Vieux Chêne, 38240 Meylan. Etablissement principal acquis par achat au prix stipulé de 273 437.50 euros . Date d'effet : 11 septembre 2006. Précédent propriétaire : TEEM PHOTONICS. RCS 399 229 434. Publication légale : Le Dauphiné Libéré du 25 juillet 2006 . Oppositions : Au siège du fonds vendu sis 61 ch du Vieux Chêne.

17/11/2005

Bodacc A

Vente et cession

289 - RCS Grenoble 399 229 434. A dater du : 31 décembre 1998. RC 98-B 01232. TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Capital : 215 338,20 euros. Adresse du siège social : 61 chemin du Vieux-Chêne, 38240 Meylan. Etablissement principal - Activité : désign, développement, production, distribution et vente de micro-lasers passifs > Q-Switched <. Adresse : 31 chemin du Vieux-Chêne, 38240 Meylan. Etablissement principal acquis par achat au prix stipulé de 65 779,24 euros. Date d'effet : 1er septembre 2005. Précédent propriétaire : JDS UNIPHASE FRANCE. RCS Grenoble 402 261 234. Publication légale : Les Affiches de Grenoble et du Dauphiné du 21 octobre 2005. Oppositions : au fonds.

30/01/2005

Bodacc C

Avis de dépôt des comptes

2491 - RCS Grenoble B 399 229 434. RC 98-B 1232. TEEM PHOTONICS. Forme: société anonyme à directoire et à conseil de surveillance. Adresse du siège social: 61, Chemin du Vieux Chêne,38240 Meylan. Comptes annuels et rapports de l'exercice clos le: 31 juillet 2004.

06/07/2003

Bodacc B

Modifications et mutations diverses

RCS Grenoble 399229434 RC 98-B 01232 TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : 61 chemin du Vieux-Chene, 38240 Meylan. Administration : nouveau président du conseil de surveillance : NISAR (Faisal). Nouveau vice-président : BILLET (Gilles), ancien président du conseil de surveillance. Ancien vice- président du conseil de surveillance : CABARET (Michel). Anciens membres du conseil de surveillance : S.A. BANEXI VENTURES PARTNERS et BAKER CAPTIAL PARTNERS II-L.L.C. Nouveaux membres du conseil de gestion : C.D.C. IXIS INNOVATION, représentée par BRU (Jean- François) et SCHNEIDER ELECTRIC VENTURES, représentée par NETTER (Jean- Marie).

09/04/2003

Bodacc B

Modifications et mutations diverses

RCS Grenoble 399229434 RC 98-B 01232 TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Capital : 215 338,20 euros. Adresse du siège social : 61 chemin du Vieux-Chene, 38240 Meylan Etablissement principal: Activité : fabrication, transformation, commercialisation, distribution de tous composants, de produits, de systèmes de composants et/ou de produits destinés à la transformation de signaux optiques électroniques, de communication, de mesure ou d'imagerie et applications connexes. Prise d'intérets et de participations dans toutes sociétés. Acquisition de tous biens immobiliers. Adresse : 61 chemin du Vieux-Chene, 38240 Meylan. Commentaires : modification survenue sur le capital, l'activité, l' adresse du siège social et de l' établissement principal.

14/02/2003

Bodacc B

Modifications et mutations diverses

RCS Grenoble 399229434 RC 98-B 01232 TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Z.I.R.S.T., miniparc La Taillat, 13 chemin du Vieux-Chene, 38240 Meylan. Administration : ancien commissaire aux comptes titulaire : ERNST ET YOUNG AUDIT. Ancien commissaire aux comptes suppléant : MARY-DAUPHIN (Daniel).

19/09/2002

Bodacc B

Modifications et mutations diverses

RCS Grenoble 399229434 RC 98-B 01232 TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Z.I.R.S.T., Miniparc, 13 chemin du Vieux-Chene, La Taillat, 38240 Meylan. Administration : nouveau membre du conseil de surveillance : DZIALOWSKY (Yves).

18/09/2002

Bodacc B

Modifications et mutations diverses

RCS Grenoble 399229434 RC 98-B 01232 TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Z.I.R.S.T., Miniparc La Taillat, 13 chemin du Vieux-Chene, 38240 Meylan. Administration : ancien représentant permanent de la STE BAKER CAPITAL PARTNERS II I.L.C., administrateur : BETTINO (Lorenzo). Nouveau représentant permanent de la STE BAKER CAPITAL PARTNERS II I.L.C., administrateur : NISAR (Faisal).

06/03/2001

Bodacc B

Modifications et mutations diverses

399229434. RCS Grenoble. RC 98-b 1232 teem photonics. Forme : S.A. à directoire et conseil de surveillance. Capital : 1 140 480 Eur. Adresse du siège social : miniparc La Taillat, 13, chemin du Vieux-Chene Zirst 38240 Meylan. Commentaires : modification du capital social, pour le fixer à 1 140 480 Eur. Date d'effet : 30novembre2000.

23/01/2001

Bodacc B

Modifications et mutations diverses

RCS Grenoble 399229434 RC 98-B 1232 TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Capital : 1 116 160 euros. Adresse du siège social : Z.I.R.S.T., mini-parc La Taillat, 13 chemin du Vieux-Chene, 38240 Meylan. Administration : . Commentaires : modification survenue sur le capital. Date d'effet : 21 juillet 2000.

23/01/2001

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Grenoble 399229434 RC 98-B 1232 TEEM PHOTONICS. Forme : S.A. à directoire et conseil de surveillance. Capital : 1 116 160 euros. Adresse : Z.I.R.S.T., mini- parc La Taillat, 13 chemin du Vieux- Chene, 38240 Meylan Nouvelle situation du siège social. Capital : 864 000 euros. Administration : nouveau membre du conseil de surveillance : BAKER CAPITAL PARRTNERS II L.L.C., représentée par BETTINO (Lorenzo). Nouveau co- commissaire aux comptes titulaire : ERNST ET YOUG AUDIT. Nouveau co- commissaire aux comptes suppléant : MARY-DAUPHIN (Daniel). Date d'effet : 29 juin 2000.

29/01/1999

Bodacc B

Modifications et mutations diverses

RCS *. RCS Nanterre B 399 229 434 RC RC 94-B 6070 GALIEMOR. Forme : S.A Nom commercial: Galiémor. Adresse du siège social : 40, avenue André-Morizet 92100 Boulogne-Billancourt Date de radiation: 12 janvier 1999.

28/01/1999

Bodacc B

Modifications et mutations diverses

RCS Grenoble B 399229434 TEEM PHOTONICS. Forme : société anonyme à directoire et conseil de surveillance. Capital : 5 400 000 F. Adresse du siège social : miniparc La Taillat, 13, chemin du Vieux-Chene, Zirst, 38240 Meylan. Commentaires : transfert du siège et de l' établissement principal du 40, avenue André-Morizet (399 229 434. RCS Nanterre) à Meylan (38240). Administration : président du conseil de surveillance : BILLET (Gilles) vice-président du conseil de surveillance : CABARET ( Michel) membre du conseil de surveillance : S.A. BANEXI VENTURES PARTNERS, représentée par MERE ( Philippe) président du directoire : KEVORKIAN (Antoine) membre du directoire : BARBIER (Denis) commissaire aux comptes titulaire : S.C. P. GOURGUE ET ASSOCIE commissaire aux comptes suppléant : SUSZYLO (Christophe) Etablissement principal: Activité : fabrication, transformation, commercialisation et distribution de tous composants, produits ou systèmes de composants et/ou de produits destinés à la transformation de signaux optiques ou électroniques de communication, de mesure ou d'imagerie et applications connexes. Prise d' intérets et de participation dans toutes sociétés. Acquisition de tous biens immobiliers. Adresse : miniparc La Taillat, 13, chemin du Vieux-Chene, Zirst, 38240 Meylan. Date d'effet : 18 novembre 1998.

13/07/1997

Bodacc B

Modifications et mutations diverses

RCS *. RCS Nanterre B 399 229 434 RC RC 94-B 6070 GALIEMOR. Forme : S.A Nom commercial: Galiémor. Administration : démission : administrateur : MAUROY ( Irène). Nomination en qualité de administrateur : LOYER (Isabelle). Modification : commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commentaires : modification survenue sur l'administration.

20/01/1995

Bodacc A

Création d'établissement

RCS *. RCS Nanterre B 399 229 434 RC RC 94-B 6070 GALIEMOR. Forme : S.A. Capital : 250 000 F Nom commercial: Galiémor. Adresse du siège social : 40, avenue André-Morizet 92100 Boulogne- Billancourt. Activité : toutes opérations pour son propre compte, d'achat, vente et gestion de valeurs mobilières, françaises et étrangères, de toute nature et de toutes entreprises. Administration : président du conseil d' administration : BLANC (Véronique) Administrateurs : DAVAUX (Lucienne) MAUROY (Irène). Commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant : GAUTHIER (Michel) Cette société se constitue Date de début d' activité: 5 décembre 1994.

 

 

Company events history

 

Date

Description

11/09/2014

Bodacc C : Deposit accounts notice

12/08/2014

Update Rating

12/08/2014

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

02/08/2014

Update Rating

31/12/2013

New accounts available

08/12/2013

Update Rating

15/10/2013

Update Rating

04/10/2013

New shareholders detected

28/08/2013

Bodacc C : Deposit accounts notice

01/08/2013

Minutes of general meeting of shareholders

16/07/2013

Legal Gazette: Continuation of activity

12/06/2013

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

11/06/2013

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

15/02/2013

Bodacc B: Various editing or changing

21/01/2013

Updated articles of association

21/01/2013

Minutes of general meeting of shareholders

21/01/2013

Fund deposit certificate

21/01/2013

Amendment

31/12/2012

New accounts available

03/12/2012

Other modification of Establishment

12/11/2012

Legal Gazette: Modification of the share capital

10/09/2012

Bodacc C : Deposit accounts notice

07/07/2012

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

15/02/2012

Bodacc B: Various editing or changing

18/01/2012

Private document

18/01/2012

Amendment

31/12/2011

New accounts available

26/10/2011

Bodacc B: Various editing or changing

14/10/2011

Bodacc B: Various editing or changing

20/09/2011

Bodacc C : Deposit accounts notice

19/09/2011

Minutes of general meeting of shareholders

19/09/2011

Updated articles of association

19/09/2011

Amendment

07/09/2011

Amendment

07/09/2011

Minutes of general meeting of shareholders

26/08/2011

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

10/08/2011

Bodacc B: Various editing or changing

29/07/2011

Legal Gazette: Modification of the share capital

29/07/2011

Other modification of Establishment

27/07/2011

Amendment

27/07/2011

Minutes of general meeting of shareholders

27/07/2011

Updated articles of association

11/07/2011

Updated articles of association

11/07/2011

Amendment

29/06/2011

Amendment

29/06/2011

Minutes of general meeting of shareholders

29/06/2011

Updated articles of association

22/02/2011

Legal Gazette: Modification of the share capital

22/02/2011

Other modification of Establishment

31/12/2010

New accounts available

13/08/2010

New shareholders detected

13/08/2010

New subsidiarie(s) detected

21/06/2010

Legal Gazette: Modification of the share capital

21/06/2010

Other modification of Establishment

26/05/2010

Bodacc C : Deposit accounts notice

08/01/2010

Preferential right lapsed

31/12/2009

New accounts available

08/12/2009

Unfiling of a Tax Office preferential right

08/12/2009

New Filling of Tax Office preferential right

04/11/2009

Payment incident closed

30/09/2009

Payment incident detected

20/08/2009

Unfiling of a Social Security preferential right

20/08/2009

New Filling of Social Security preferential right

31/12/2008

New accounts available

31/08/2008

New Bodacc B ads detected

31/08/2008

Bodacc B: Various editing or changing

30/06/2008

Private document

30/06/2008

Amendment

30/06/2008

Amendment

30/06/2008

Appointment/resignation of company officers

16/03/2008

Bodacc B: Various editing or changing

16/03/2008

New Bodacc B ads detected

26/02/2008

Amendment

26/02/2008

Capital increase

26/02/2008

Minutes of general meeting of shareholders

26/02/2008

Minutes of general meeting of shareholders

26/02/2008

New closing date

26/02/2008

Private document

26/02/2008

Updated articles of association

26/02/2008

Updated articles of association

31/12/2007

New accounts available

14/09/2007

Collection of preferential rights activated for this company

31/07/2007

Other modification of Establishment

22/06/2007

Amendment

22/06/2007

Private document

22/06/2007

Appointment/resignation of company officers

22/06/2007

Amendment

23/01/2007

Application and court order

31/07/2006

New accounts available

31/07/2005

New accounts available

31/07/2004

New accounts available

31/07/2003

New accounts available

13/06/2003

Amendment

13/06/2003

Appointment/resignation of company officers

13/06/2003

Minutes of Board meeting

13/06/2003

Private document

13/06/2003

Minutes of general meeting of shareholders

24/02/2003

Registered office transferred inside jurisdiction of the Commercial Court

24/02/2003

Private document

24/02/2003

Minutes of general meeting of shareholders

24/02/2003

Declaration of conformity

24/02/2003

Updated articles of association

24/02/2003

Capital increase

24/02/2003

Capital reduction

07/01/2003

Audit or Management Report

07/01/2003

Private document

03/01/2003

Appointment/resignation of company officers

03/01/2003

Minutes of general meeting of shareholders

03/01/2003

Private document

05/12/2002

Application and court order

26/11/2002

Planned merger

26/11/2002

Private document

05/08/2002

Private document

05/08/2002

Minutes of general meeting of shareholders

05/08/2002

Appointment/resignation of company officers

01/08/2002

Amendment

01/08/2002

Minutes of general meeting of shareholders

01/08/2002

Private document

16/01/2002

Private document

16/01/2002

Minutes of general meeting of shareholders

16/01/2002

Updated articles of association

15/02/2001

Capital increase

15/02/2001

Minutes of general meeting of shareholders

15/02/2001

Updated articles of association

15/02/2001

Private document

27/12/2000

Private document

27/12/2000

New closing date

27/12/2000

Minutes of general meeting of shareholders

27/12/2000

Conversion of equity to euro

27/12/2000

Updated articles of association

27/12/2000

Appointment/resignation of company officers

27/12/2000

Capital increase

27/09/2000

Application and court order

15/06/2000

Appointment/resignation of company officers

15/06/2000

Application and court order

30/12/1998

Amendment

30/12/1998

Registration after transfer

30/12/1998

Private document

30/12/1998

New company name

30/12/1998

New closing date

30/12/1998

New auditor

30/12/1998

Minutes of general meeting of shareholders

30/12/1998

Change to the administration of a public limited company

30/12/1998

Change to corporate purpose

30/12/1998

Capital increase

30/12/1998

Appointment/resignation of company officers

30/12/1998

Updated articles of association

27/06/1997

Minutes of general meeting of shareholders

27/06/1997

Private document

27/06/1997

Appointment/resignation of company officers

27/06/1997

Changes to the Board of Directors

15/12/1994

Company formation

15/12/1994

Articles of association

15/12/1994

Fund deposit certificate

15/12/1994

Minutes of Board meeting

15/12/1994

Appointment/resignation of company officers

15/12/1994

Private document

15/12/1994

Minutes of general meeting of shareholders

 

 

 

Synthesized Accounts

 

Annual Accounts

 

31/12/2013

31/12/2012

31/12/2011

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

11/08/2014

10/06/2013

06/07/2012

Activity Code

2670Z

2670Z

2670Z

Employees

0

0

0

 

 

Active account

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

469,266

-1.0 %

474,146

-10.2 %

528,051

145,461

222.6 %

 Intangible assets

66,126

-1.3 %

67,002

-1.3 %

67,878

19,800

234.0 %

 Tangible assets

209,825

-24.6 %

278,447

-20.3 %

349,509

44,590

370.6 %

 Financial assets

193,314

50.2 %

128,697

16.3 %

110,664

5,265

3572.0 %

Net current assets

2,517,600

-0.3 %

2,524,001

3.6 %

2,436,598

284,124

786.1 %

 Stocks

719,189

-4.1 %

750,085

-11.1 %

844,150

65,959

990.4 %

 Advanced payments

26,933

503.3 %

4,464

21.6 %

3,670

0

0%

 Receivables

1,599,790

30.1 %

1,229,956

-12.1 %

1,399,539

137,985

1059.4 %

 Securities and cash

171,689

-68.2 %

539,496

185.1 %

189,239

72,023

138.4 %

 Prepaid expenses

-

-

-

-

-

777

-

Accounts of regularization

34,755

-55.2 %

77,502

-34.0 %

117,435

0

0%

Total Assets

3,021,622

-1.8 %

3,075,649

-0.2 %

3,082,084

413,819

630.2 %

 

 

Passive Account

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Shareholders' equity

66,192

-68.2 %

207,830

940.8 %

19,969

160,289

-58.7 %

Share capital

920,000

0%

920,000

180.0 %

328,626

40,000

2200.0 %

Other capital resources

745,500

1.4 %

735,500

43.7 %

512,000

0

0%

Risk Provisions

22,397

-5.5 %

23,692

20.6 %

19,641

0

0%

Liabilities

2,185,884

3.8 %

2,106,585

-16.3 %

2,517,715

250,843

771.4 %

 Financial liabilities

610,180

-43.5 %

1,079,864

-22.5 %

1,393,536

82,873

636.3 %

 Advanced payments received

0

0%

0

0%

0

0

0%

 Trade account payables

634,609

38.8 %

457,331

-9.1 %

502,985

54,374

1067.1 %

 Tax and social liabilities

438,410

9.9 %

399,082

-20.2 %

500,128

71,242

515.4 %

 Other debts and fixed assets liabilities

504,334

192.6 %

172,352

28.8 %

133,824

8,071

6149.1 %

Account regularization

0

0%

0

0%

0

0

0%

Total liabilities

3,021,622

-1.8 %

3,075,651

-0.2 %

3,082,083

413,819

630.2 %

 

 

Results

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of Goods

4,362,003

-1.8 %

4,442,666

-6.1 %

4,730,631

535,038

715.3 %

Net turnover

4,032,694

-2.0 %

4,115,080

3.2 %

3,988,951

488,232

726.0 %

 of which net export turnover

3,031,648

2.7 %

2,950,811

21.0 %

2,439,069

324

935593.8 %

Operating charges

4,713,076

-12.7 %

5,397,359

-3.1 %

5,570,909

497,809

846.8 %

Operating profit/loss

-351,073

63.2 %

-954,693

-13.6 %

-840,278

11,291

-3209.5 %

Financial income

32,453

-53.3 %

69,453

39.3 %

49,868

452

7079.9 %

Financial charges

192,218

-11.0 %

215,957

-56.3 %

494,200

2,088

9108.0 %

Financial profit/loss

-159,765

-9.1 %

-146,504

67.0 %

-444,332

-601

-26483.2 %

Pretax net operating income

-510,838

53.6 %

-1,101,197

14.3 %

-1,284,610

14,334

-3663.9 %

Extraordinary income

42

0%

0

0%

179,434

315

-86.6 %

Extraordinary charges

18,859

-22.8 %

24,419

1050.2 %

2,123

808

2235.5 %

Extraordinary profit/loss

-18,817

22.9 %

-24,419

-113.8 %

177,311

0

0%

Net result

-145,643

80.2 %

-734,452

-21.0 %

-606,951

17,273

-943.2 %

 

 

Accounts – Active

 

Normal Account

 

31/12/2013

31/12/2012

31/12/2011

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Grand Total (I to VI)

Net

3,021,622

-1.8 %

3,075,649

-0.2 %

3,082,084

Gross

CO

9,471,826

-0.1 %

9,481,235

-0.9 %

9,563,141

Amortisation

1A

6,450,204

0.7 %

6,405,586

-1.2 %

6,481,057

 

 

Non declared distributed capital (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Active fixed asset (II)

Net

469,266

-1.0 %

474,146

-10.2 %

528,051

Gross

BJ

6,305,459

1.4 %

6,219,350

0.8 %

6,172,781

Amortisation

BK

5,836,193

1.6 %

5,745,204

1.8 %

5,644,730

 

 

Intangible fixed assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

AE

0

0%

0

0%

0

Distributorships, patents

Net

348

-71.6 %

1,224

-41.7 %

2,100

Gross

AF

1,314,140

0%

1,314,140

0%

1,314,140

Amortisation

AG

1,313,792

0.1 %

1,312,916

0.1 %

1,312,040

Goodwill

Net

65,778

0%

65,778

0%

65,778

Gross

AH

65,778

0%

65,778

0%

65,778

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

0

0%

0

0%

0

Amortisation

AK

0

0%

0

0%

0

Pre-payments and downpayments

Net

0

0%

0

0%

0

Gross

AL

0

0%

0

0%

0

Amortisation

AM

0

0%

0

0%

0

Sub Total Intangible asset

Net

66,126

-1.3 %

67,002

-1.3 %

67,878

 

 

Tangilble fixed assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Lands

Net

0

0%

0

0%

0

Gross

AN

0

0%

0

0%

0

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

0

0%

0

0%

0

Gross

AP

0

0%

0

0%

0

Amortisation

AQ

0

0%

0

0%

0

Plant

Net

132,132

-25.5 %

177,246

-22.6 %

229,129

Gross

AR

2,504,101

0.7 %

2,486,829

0.8 %

2,467,904

Amortisation

AS

2,371,969

2.7 %

2,309,583

3.2 %

2,238,775

Other tangible fixed assets

Net

77,693

-23.2 %

101,201

-15.9 %

120,380

Gross

AT

1,986,343

0.2 %

1,982,123

0.5 %

1,972,512

Amortisation

AU

1,908,650

1.5 %

1,880,922

1.6 %

1,852,132

Fixed assets in construction

Net

0

0%

0

0%

0

Gross

AV

0

0%

0

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

209,825

-24.6 %

278,447

-20.3 %

349,509

 

 

Financial assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Associates at equity

Net

0

0%

0

0%

0

Gross

CS

0

0%

0

0%

0

Amortisation

CT

0

0%

0

0%

0

Other participations

Net

0

0%

0

0%

0

Gross

CU

241,783

0%

241,783

0%

241,783

Amortisation

CV

241,783

0%

241,783

0%

241,783

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

52,891

1.8 %

51,949

48.8 %

34,918

Gross

BF

52,891

1.8 %

51,949

48.8 %

34,918

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

140,423

83.0 %

76,748

1.3 %

75,746

Gross

BH

140,423

83.0 %

76,748

1.3 %

75,746

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

193,314

50.2 %

128,697

16.3 %

110,664

 

 

Current Assets (III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Assets

Net

2,517,600

-0.3 %

2,524,001

3.6 %

2,436,598

Gross

CJ

3,131,611

-1.7 %

3,184,383

-2.7 %

3,272,925

Amortisation

CK

614,011

-7.0 %

660,382

-21.0 %

836,327

 

 

Stocks

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Raw materials

Net

428,844

0.8 %

425,344

-21.2 %

539,887

Gross

BL

1,038,106

-3.4 %

1,074,497

-21.4 %

1,367,360

Amortisation

BM

609,262

-6.1 %

649,153

-21.5 %

827,473

Work in progress (goods)

Net

290,345

-10.6 %

324,741

6.7 %

304,263

Gross

BN

290,345

-10.6 %

324,741

6.7 %

304,263

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

719,189

-4.1 %

750,085

-11.1 %

844,150

 

 

Advance payments to suppliers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Advance payments to suppliers

Net

26,933

503.3 %

4,464

21.6 %

3,670

Gross

BV

26,933

503.3 %

4,464

21.6 %

3,670

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Trade accounts receivable

Net

987,842

55.3 %

636,172

-0.4 %

638,811

Gross

BX

992,591

53.3 %

647,401

0.0 %

647,665

Amortisation

BY

4,749

-57.7 %

11,229

26.8 %

8,854

Other debtors

Net

504,583

0.5 %

502,035

-24.9 %

668,715

Gross

BZ

504,583

0.5 %

502,035

-24.9 %

668,715

Amortisation

CA

0

0%

0

0%

0

Capital subscribed and called up

Net

0

0%

0

0%

0

Gross

CB

0

0%

0

0%

0

Amortisation

CC

0

0%

0

0%

0

Sub Total debtors

Net

1,492,425

31.1 %

1,138,207

-12.9 %

1,307,526

 

 

Divers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Investment securities

Net

0

0%

248,697

0%

0

Gross

CD

0

0%

248,697

0%

0

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

171,689

-41.0 %

290,799

53.7 %

189,239

Gross

CF

171,689

-41.0 %

290,799

53.7 %

189,239

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

171,689

-68.2 %

539,496

185.1 %

189,239

 

 

Prepaid expenses

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid expenses

Net

107,365

17.0 %

91,749

-0.3 %

92,013

Gross

CH

107,365

17.0 %

91,749

-0.3 %

92,013

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Multi-period charges

CW3

28,100

-60.0 %

70,251

-37.5 %

112,402

Gross

28,100

-60.0 %

70,251

-37.5 %

112,402

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

6,655

-8.2 %

7,251

44.1 %

5,033

Gross

6,655

-8.2 %

7,251

44.1 %

5,033

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Due within one year

CP

96,748

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Grand Total (I to V)

EE

3,021,622

-1.8 %

3,075,651

-0.2 %

3,082,083

 

 

Shareholder Equity (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total shareholders' equity (Total I)

DL

66,192

-68.2 %

207,830

940.8 %

19,969

Equity and shareholders' equity

DA

920,000

0%

920,000

180.0 %

328,626

Issue and merger premiums

DB

6,318

173.3 %

2,312

-100.0 %

46,366,656

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

0

0%

0

0%

0

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

19,970

7888.0 %

250

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

0

0%

0

0%

0

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

-714,483

0%

0

0%

-46,068,612

Profit or loss for the period

DI

-145,643

80.2 %

-734,452

-21.0 %

-606,951

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total other capital resources (Total II)

DO

745,500

1.4 %

735,500

43.7 %

512,000

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

745,500

1.4 %

735,500

43.7 %

512,000

 

 

Provisions for risks and charges (III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total provisions for risks and charges (Total III)

DR

22,397

-5.5 %

23,692

20.6 %

19,641

Risk provisions

DP

22,397

-5.5 %

23,692

20.6 %

19,641

Reserves for charges

DQ

0

0%

0

0%

0

 

 

 

Liabilities (IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Liabilities (Total IV)

EC

2,185,884

3.8 %

2,106,585

-16.3 %

2,517,715

Convertible debentures

DS

0

0%

0

0%

1,390,900

Other debentures

DT

610,146

-36.5 %

961,605

0%

0

Bank loans and liabilities

DU

34

-100.0 %

116,996

4338.4 %

2,636

Sundry loans and financial liabilities

DV

0

0%

1,263

0%

0

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

0

0%

0

0%

0

Trade accounts payables

DX

634,609

38.8 %

457,331

-9.1 %

502,985

Tax and social security liabilities

DY

438,410

9.9 %

399,082

-20.2 %

500,128

Fixed asset liabilities

DZ

0

0%

0

0%

0

Other debts

EA

502,685

195.2 %

170,308

40.7 %

121,066

 

 

Translation loss (V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Translation loss (Total V)

ED

1,649

-19.3 %

2,044

-84.0 %

12,758

 

 

Equalization accounts

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Deferred income

EB

0

0%

0

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

2,185,884

35.5 %

1,612,915

-35.9 %

2,517,715

Of which current bank facilities

EH

34

-100.0 %

97,696

3606.2 %

2,636

 

 

Result account

 

1 - Operating result (I-II)

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating result (Total I-II)

GG

-351,073

63.2 %

-954,693

-13.6 %

-840,278

 

 

2 - Financial result (V-VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Financial result (Total V-VI)

GV

-159,765

-9.1 %

-146,504

67.0 %

-444,332

 

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

GW

-510,838

53.6 %

-1,101,197

14.3 %

-1,284,610

 

 

4 - Extraordinary result (VII-VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Extraordinary result (Total VII-VIII)

HI

-18,817

22.9 %

-24,419

-113.8 %

177,311

 

 

Profit or loss

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Profit or loss

HN

-145,643

80.2 %

-734,452

-21.0 %

-606,951

 

 

Total Income (I+III+V+VII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

HL

4,394,498

-2.6 %

4,512,119

-9.0 %

4,959,933

 

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

HM

4,540,141

-13.5 %

5,246,571

-5.8 %

5,566,883

 

 

Operating income (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating income (Total I)

FR

4,362,003

-1.8 %

4,442,666

-6.1 %

4,730,631

 

 

Operating income (details)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Sale of goods for resale

FC

13

-99.9 %

10,294

92.8 %

5,340

France

FA

13

-99.9 %

10,294

92.8 %

5,340

Export

FB

0

0%

0

0%

0

Sale of goods produced

FF

3,803,080

-1.9 %

3,875,910

4.2 %

3,719,390

France

FD

839,454

-13.4 %

969,845

-24.3 %

1,280,326

Export

FE

2,963,626

2.0 %

2,906,065

19.1 %

2,439,064

Sale of services

FI

229,601

0.3 %

228,876

-13.4 %

264,221

France

FG

161,578

-12.2 %

184,130

-30.3 %

264,216

Export

FH

68,022

52.0 %

44,746

894820.0 %

5

Net turnover

FL

4,032,694

-2.0 %

4,115,080

3.2 %

3,988,951

France

FJ

1,001,046

-14.0 %

1,164,269

-24.9 %

1,549,882

Export

FK

3,031,648

2.7 %

2,950,811

21.0 %

2,439,069

Stocked production

FM

-34,396

-268.0 %

20,478

247.5 %

-13,887

Self-constructed assets

FN

0

0%

0

0%

77,660

Operating grants

FO

240,429

96.6 %

122,302

-54.0 %

265,651

Release of reserves and provisions

FP

61,206

-66.8 %

184,439

-48.7 %

359,790

Other income

FQ

62,070

16812.8 %

367

-99.3 %

52,466

 

 

Operating charges (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating charges (Total II)

GF

4,713,076

-12.7 %

5,397,359

-3.1 %

5,570,909

 

 

Exploitation charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Purchase of goods for resale

FS

0

0%

0

0%

0

Change in stocks of goods for resale

FT

0

0%

0

0%

0

Purchase of raw materials

FU

938,197

-7.5 %

1,014,801

-20.2 %

1,272,469

Change in stocks of raw materials

FV

36,390

-87.6 %

292,863

6792.5 %

-4,376

Other external purchases and charges

FW

1,478,330

-11.4 %

1,669,208

3.3 %

1,615,192

Tax, duty and similar payments

FX

59,353

9.2 %

54,340

-7.2 %

58,548

Payroll

FY

1,390,191

-9.0 %

1,526,860

-9.3 %

1,682,533

Social security costs

FZ

587,316

-1.2 %

594,487

-13.5 %

686,934

 

 

Depreciation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Depreciation of fixed assets

GA

133,830

-7.1 %

144,111

34.9 %

106,809

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

5,786

-69.5 %

18,978

-51.5 %

39,138

Provisions for risks and charges

GD

850

0%

0

0%

23,534

 

 

Other charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Other charges

GE

82,834

1.4 %

81,711

-9.3 %

90,128

 

 

Operating charges (III-IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Share of joint-venture transferred to other partner(s) (Total III)

GH

0

0%

0

0%

0

Share of joint venture transferred from other partner(s) (Total IV)

GI

0

0%

0

0%

0

 

 

Financial income (V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total financial income (Total V)

GP

32,453

-53.3 %

69,453

39.3 %

49,868

Share financial income

GJ

0

0%

0

0%

0

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

31

520.0 %

5

-97.9 %

243

Released provisions and transferred charges

GM

9,935

-49.4 %

19,641

36272.2 %

54

Exchange gains

GN

22,279

-55.3 %

49,801

1.7 %

48,961

Net income from disposal of investment securities

GO

208

3366.7 %

6

-99.0 %

610

 

 

Financial charge (VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total financial charge (Total VI)

GU

192,218

-11.0 %

215,957

-56.3 %

494,200

Financial reserves and provisions

GQ

9,451

33.3 %

7,088

-97.1 %

246,743

Interest and similar charges

GR

138,511

-15.0 %

163,012

-11.6 %

184,327

Exchange losses

GS

44,256

-3.5 %

45,857

-27.4 %

63,130

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total extraordinary income (Total VII)

HD

42

0%

0

0%

179,434

Extraordinary operating income

HA

0

0%

0

0%

0

Extraordinary income from capital transactions

HB

42

0%

0

0%

0

Released provisions and transferred charges

HC

0

0%

0

0%

179,434

 

 

Extraordinary charges (VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total extraordinary charges (Total VIII)

HH

18,859

-22.8 %

24,419

1050.2 %

2,123

Extraordinary operating charges

HE

18,859

-22.8 %

24,419

1050.2 %

2,123

Extraordinary charges from capital transactions

HF

0

0%

0

0%

0

Extraordinary reserves and provisions

HG

0

0%

0

0%

0

 

 

Employee profit sharing (IX)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

 

Tax on profits (X)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Tax on profits (Total X)

HK

-384,012

1.8 %

-391,164

21.8 %

-500,349

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Of which equipment leases

HP

4,584

0%

0

0%

7,480

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

7,389

0%

0

0%

0

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

76,343

0%

0

0%

0

 

 

OTHER INCOMES TAX RETURN FORMS

 

FIXED ASSETS

 

GRAND TOTAL FIXED ASSETS (I TO IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

OG

0

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

0

0%

0

0%

0

Decreasess by budget item transfer

OK1

0

0%

0

0%

0

Decreasess by transfers

OK2

16,623

1018.6 %

1,486

0%

0

Gross value at the end of period

OL

6,305,459

1.4 %

6,219,350

0.8 %

6,172,781

 

 

Research and development Charge (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

CZ

0

0%

0

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

0

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

0

0%

0

0%

0

 

 

Other budget item from Intangible fixed assets (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

KD

1,379,918

0%

1,379,918

0.2 %

1,377,292

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

0

0%

0

0%

2,626

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

1,379,918

0%

1,379,918

0%

1,379,918

 

 

Tangible fixed assets (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LN

4,468,952

0.6 %

4,440,416

3.3 %

4,298,079

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

22,182

-26.1 %

30,022

-78.9 %

142,337

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

690

-53.6 %

1,486

0%

0

Gross value at the end of period

NH

4,490,444

0.5 %

4,468,952

0.6 %

4,440,416

 

 

Financial assets (Total IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LQ

370,480

5.1 %

352,447

7.6 %

327,447

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

80,550

346.7 %

18,033

-27.9 %

25,000

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

15,933

0%

0

0%

0

Gross value at the end of period

NK

435,097

17.4 %

370,480

5.1 %

352,447

 

 

RESERVE FOR DEPRECIATION

 

SITUATION AND MOVEMENT OF RESERVE FOR DEPRECIATION - GRAND TOTAL (I-II-III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

ON

0

0%

0

0%

0

Increases

OP

0

0%

0

0%

0

Decreasess

OQ

0

0%

0

0%

0

Reserve for depreciation value at the end of period

OR

0

0%

0

0%

0

 

 

Research and development charge (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

CY

0

0%

0

0%

0

Increases

PB

0

0%

0

0%

0

Decreasess

PC

0

0%

0

0%

0

Decreasess by budget item transfer

PD

0

0%

0

0%

0

 

 

Other intangible assets (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

PE

1,312,916

0%

0

0%

0

Increases

PF

876

0%

0

0%

0

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

1,313,792

0%

0

0%

0

 

 

Total fixed assets amotisation (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

QU

4,190,505

0%

0

0%

0

Increases

QV

90,803

0%

0

0%

0

Decreases

QW

690

0%

0

0%

0

Decreasess by budget item transfer

QX

4,280,618

0%

0

0%

0

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

Z91

0

0%

0

0%

0

Increases

Z92

0

0%

0

0%

0

Depreciation of fixed assets during period

Z9

0

0%

0

0%

0

Decreasess by budget item transfer

B1

0

0%

0

0%

0

 

 

Premium refund of obligations

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Net value at begin of period

SP1

0

0%

0

0%

0

Increases

SP2

0

0%

0

0%

0

Depreciation of fixed assets during period

SP

0

0%

0

0%

0

Net value at the end of period

SR

0

0%

0

0%

0

 

 

Provisions included in balance sheet

 

Grand Total (I-II-III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

7C

925,857

0%

0

0%

1,186,455

Increases

UB

16,087

0%

0

0%

309,415

Decreases

UC

63,753

0%

0

0%

398,120

Value at the end of period

UD

878,191

0%

0

0%

1,097,750

 

 

Includes Total allocations

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating

UE

6,636

0%

0

0%

62,671

Financial

UG

9,451

0%

0

0%

246,744

Exceptional

UJ

0

0%

0

0%

0

 

 

Includes Total Withdrawal

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating

UF

53,818

0%

0

0%

218,631

Financial

UH

9,935

0%

0

0%

54

Exceptional

UK

0

0%

0

0%

179,434

 

 

Total regulated provisions (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

3Z

0

0%

0

0%

179,434

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

179,434

Value at the end of period

TU

0

0%

0

0%

0

 

 

Total risk and charge provisions (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

5Z

23,692

0%

0

0%

98,996

Increases

TV

10,301

0%

0

0%

19,641

Decreases

TW

11,596

0%

0

0%

98,996

Value at the end of period

TX

22,397

0%

0

0%

19,641

 

 

Total Provision for depreciation (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

7B

902,165

0%

0

0%

908,025

Increases

TY

5,786

0%

0

0%

289,774

Decreases

TZ

52,157

0%

0

0%

119,690

Value at the end of period

UA

855,794

0%

0

0%

1,078,109

 

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value

VT

1,797,853

0%

0

0%

1,519,057

1 year at most

VU

1,701,287

0%

0

0%

1,408,393

More than one year

VV

96,566

0%

0

0%

110,664

 

 

State of loans

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Claims related to holdings (gross)

UL

0

0%

0

0%

0

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

52,891

0%

0

0%

34,918

Loans (1 year at most)

UR

0

0%

0

0%

0

Other financial assets (gross)

UT

140,423

0%

0

0%

75,746

Other financial assets (1 year at most)

UV

96,748

0%

0

0%

0

 

 

Receivables statement of assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Customers doubtful or disputed

VA

0

0%

0

0%

0

Other claims customer

UX

992,591

0%

0

0%

647,665

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%

0

0%

1,300

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

40,263

0%

0

0%

52,851

Other taxes and payments assimilated

VN

0

0%

0

0%

0

State and other public - Miscellaneous

VP

390,056

0%

0

0%

488,463

Group and Associates

VC

1,720

0%

0

0%

0

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

VR

72,545

0%

0

0%

126,101

 

 

Prepaid

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid

VS

107,365

0%

0

0%

92,013

 

 

State Debt

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total debt (gross)

VY

2,185,884

0%

0

0%

2,517,715

1 year at most

VZ2

2,185,884

0%

0

0%

1,597,292

More than 1 year and 5 years at most

VZ3

0

0%

0

0%

920,423

More than 5 years

VZ4

0

0%

0

0%

0

 

 

Details

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Convertible bonds (gross)

7Y1

0

0%

0

0%

1,390,900

1 year at most

7Y2

0

0%

0

0%

470,477

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

920,423

Other bonds (gross)

7Z1

610,146

0%

0

0%

0

1 year at most

7Z2

610,146

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

34

0%

0

0%

2,636

1 year at most

VG2

34

0%

0

0%

2,636

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

0

0%

0

0%

0

1 year at most

VH2

0

0%

0

0%

0

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

0

0%

0

0%

0

1 year at most

8A2

0

0%

0

0%

0

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

634,609

0%

0

0%

502,985

1 year at most

8B2

634,609

0%

0

0%

502,985

More than 1 year and 5 years at most

8B3

634,609

0%

0

0%

502,985

Personnel and associated accounts (gross)

8C1

199,330

0%

0

0%

261,559

1 year at most

8C2

199,330

0%

0

0%

261,559

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

208,425

0%

0

0%

201,398

1 year at most

8D2

208,425

0%

0

0%

201,398

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

0

0%

0

1 year at most

8E2

0

0%

0

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

7,232

0%

0

0%

1,248

1 year at most

VW2

7,232

0%

0

0%

1,248

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

23,423

0%

0

0%

35,923

1 year at most

VQ2

23,423

0%

0

0%

35,923

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

0

0%

0

1 year at most

8J2

0

0%

0

0%

0

More than 1 year and 5 years at most

8J3

0

0%

0

0%

0

More than 5 years

8J4

0

0%

0

0%

0

Groups and associates (gross)

VI1

0

0%

0

0%

0

1 year at most

VI2

0

0%

0

0%

0

More than 1 year and 5 years at most

VI3

0

0%

0

0%

0

More than 5 years

V14

0

0%

0

0%

0

Other liabilities (gross)

8K1

502,685

0%

0

0%

121,066

1 year at most

8K2

502,685

0%

0

0%

121,066

More than 1 year and 5 years at most

8K3

0

0%

0

0%

0

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Loans made during the period

VJ

0

0%

0

0%

1,643,541

Debt repaid during the period

VK

0

0%

0

0%

1,474,386

 

 

Table allocation results and other information

 

Dividends distributed

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Commitments leasing furniture

YQ

0

0%

0

0%

0

Commitments Real Estate Leasing

YR

0

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

 

 

Other charges Externes

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Subcontracting

YT

0

0%

0

0%

0

Rentals, rental charges and condominiums

XQ

0

0%

0

0%

0

Staff outside the company

YU

0

0%

0

0%

0

Remuneration intermediaries and fees (excluding fees)

SS

0

0%

0

0%

0

Fees, commissions and brokerage

YV

0

0%

0

0%

0

Other accounts

ST

0

0%

0

0%

0

Total Other purchases and external

ZJ

0

0%

0

0%

0

 

 

Taxes and Fees

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Business tax

YW

0

0%

0

0%

0

Other taxes and payments assimilated

9Z

0

0%

0

0%

0

Total taxes and fees

YX

0

0%

0

0%

0

 

 

VAT

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Amount VAT collected

YY

0

0%

0

0%

0

Total VAT on goods and services

YZ

0

0%

0

0%

0

 

 

Average number of employees

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Average number of employees

YP

0

0%

0

0%

0

 

 

Groups and Shareholders

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Fixed Asset Financing

1.15

-7.3 %

1.24

0.8 %

1.23

1.57

-26.8 %

Global Debt

195 days

6.0 %

184 days

-18.9 %

227 days

174 days

12.1 %

Working Capital Fund overall net

87 days

-32.6 %

129 days

0.8 %

128 days

115 days

-24.3 %

Financial independence

10.85 %

-43.6 %

19.25 %

1246.2 %

1.43 %

139.46 %

-92.2 %

Solvability

26.86 %

-12.4 %

30.67 %

77.7 %

17.26 %

44.54 %

-39.7 %

Capacity debt futures

194,682.35 %

-

-

-

757.55 %

1,986.47 %

9700.4 %

Coverage of current assets by net working capital overall

32.24 %

-27.0 %

44.15 %

-0.7 %

44.47 %

50.05 %

-35.6 %

General Liquidity

0.78

-

-

-

0.88

0.78

0%

Restricted Liquidity

0.86

-

-

-

1.00

1.08

-20.4 %

 

 

Management or rotation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Need background in operating working capital

59 days

-22.4 %

76 days

-18.3 %

93 days

66 days

-10.6 %

Treasury

15 days

-61.5 %

39 days

129.4 %

17 days

29 days

-48.3 %

Inventory turnover of goods

-

-

-

-

-

117 days

-

Average length of credit granted to customers

89 days

56.1 %

57 days

-1.7 %

58 days

57 days

56.1 %

Average length of credit obtained suppliers

93 days

69.1 %

55 days

-12.7 %

63 days

57 days

64.6 %

Inventory turnover of raw materials in industrial enterprises

398 days

4.5 %

381 days

-1.6 %

387 days

120 days

231.7 %

Inventory turnover of intermediate and finished products in the industrial enterprise

90 days

-2.2 %

92 days

2.2 %

90 days

192 days

-53.1 %

Rotation tangible assets

89.81 %

-2.5 %

92.08 %

2.5 %

89.83 %

276.33 %

-67.5 %

 

 

Profitability of the business

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Margin trading

0.00 %

0%

0.25 %

92.3 %

0.13 %

0.43 %

0%

Profitability of the business

-6.23 %

71.3 %

-21.74 %

12.7 %

-24.89 %

7.66 %

-181.3 %

Net profit

-3.61 %

79.8 %

-17.85 %

-17.3 %

-15.22 %

5.44 %

-166.4 %

Growth rate of turnover (excluding VAT)

-2.00 %

-163.3 %

3.16 %

141.6 %

-7.60 %

0.00 %

0%

Rates integration

38.32 %

36.1 %

28.16 %

-4.0 %

29.32 %

39.97 %

-4.1 %

Rate leasing furniture

0.11 %

0%

0.00 %

0%

0.19 %

0.00 %

0%

Work Factor

127.96 %

-30.1 %

183.08 %

-9.6 %

202.62 %

73.63 %

73.8 %

Weight interests

4.77 %

-9.1 %

5.25 %

-57.6 %

12.39 %

0.55 %

767.3 %

 

 

Return on capital

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Cash flow from the overall profitability

-1.64 %

88.4 %

-14.17 %

13.2 %

-16.33 %

9.31 %

-117.6 %

Rates of economic profitability

-18.00 %

59.1 %

-44.00 %

15.4 %

-52.00 %

15.00 %

-220.0 %

Financial profitability

811,692.00 %

-14.0 %

943,330.00 %

77.3 %

531,969.00 %

141,871.00 %

472.1 %

Return on investment

3.28 %

112.8 %

-25.63 %

-337.4 %

-5.86 %

10.88 %

-69.9 %

 

 

Management intermediate balances

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Turnover

4,032,694

-2.0 %

4,115,080

3.2 %

3,988,951

488,232

726.0 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of goods

13

-99.9 %

10,294

92.8 %

5,340

-

- Purchase of goods

0

0%

0

0%

0

-

+/- Stock of goods variation

0

0%

0

0%

0

-

Trading margin

13 €

-99.9 %

10,294 €

92.8 %

5,340 €

1,654 €

-99.2 %

0.00 % CA

0%

0.25 % CA

92.3 %

0.13 % CA

8.29 % CA

0%

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sale of goods produced

4,032,681

-1.8 %

4,104,786

3.0 %

3,983,611

-

+/- Stocked production

-34,396

-268.0 %

20,478

247.5 %

-13,887

-

+ Self-constructed assets

0

0%

0

0%

77,660

-

Period production

3,998,285 €

-3.1 %

4,125,264 €

1.9 %

4,047,384 €

208,116 €

1821.2 %

99.15 % CA

-1.1 %

100.25 % CA

-1.2 %

101.46 % CA

97.06 % CA

2.2 %

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Trading margin

13

-99.9 %

10,294

92.8 %

5,340

1,654

-99.2 %

+ Period Production

3,998,285

-3.1 %

4,125,264

1.9 %

4,047,384

208,116

1821.2 %

- Purchase of raw materials

938,197

-7.5 %

1,014,801

-20.2 %

1,272,469

-

+/- Change in stocks of raw materiels

36,390

-87.6 %

292,863

6792.5 %

-4,376

-

- Other external purchases and charges

1,478,330

-11.4 %

1,669,208

3.3 %

1,615,192

-

Added value

1,545,381 €

33.4 %

1,158,686 €

-0.9 %

1,169,439 €

205,605 €

651.6 %

38.32 % CA

36.1 %

28.16 % CA

-4.0 %

29.32 % CA

39.97 % CA

-4.1 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Gross operating surplus

-251,050 €

71.9 %

-894,699 €

9.9 %

-992,925 €

22,276 €

-1227.0 %

+ Release of reserves and provisions

61,206

-66.8 %

184,439

-48.7 %

359,790

-

+ Other operating income

62,070

16812.8 %

367

-99.3 %

52,466

-

- Depreciation/ Amortisation

140,466

-13.9 %

163,089

-3.8 %

169,481

-

- Other charges

82,834

1.4 %

81,711

-9.3 %

90,128

-

Operating result

-351,074 €

63.2 %

-954,693 €

-13.6 %

-840,278 €

11,291 €

-3209.5 %

-8.71 % CA

62.5 %

-23.20 % CA

-10.1 %

-21.07 % CA

3.54 % CA

-346.0 %

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Operating result

-351,074 €

63.2 %

-954,693 €

-13.6 %

-840,278 €

11,291 €

-3209.5 %

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

0

0%

0

0%

0

-

+ Financial income

32,453

-53.3 %

69,453

39.3 %

49,868

-

- Financial charges

192,218

-11.0 %

215,957

-56.3 %

494,200

-

Pre-tax result

-510,839 €

53.6 %

-1,101,197 €

14.3 %

-1,284,610 €

14,334 €

-3664.0 %

-12.67 % CA

52.7 %

-26.76 % CA

16.9 %

-32.20 % CA

4.36 % CA

-390.6 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Extraordinary income

42

0%

0

0%

179,434

315

-86.6 %

- Extraordinary charges

18,859

-22.8 %

24,419

1050.2 %

2,123

-

Extraordinary result

-18,817 €

22.9 %

-24,419 €

-113.8 %

177,311 €

0 €

0%

-0.47 % CA

20.3 %

-0.59 % CA

-113.3 %

4.45 % CA

0.00 % CA

0%

 

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Pre-tax result

-510,839 €

53.6 %

-1,101,197 €

14.3 %

-1,284,610 €

14,334 €

-3664.0 %

Extraordinary result

-18,817 €

22.9 %

-24,419 €

-113.8 %

177,311 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

-384,012

1.8 %

-391,164

21.8 %

-500,349

-

Net result

-145,644 €

80.2 %

-734,452 €

-21.0 %

-606,950 €

17,272 €

-943.2 %

-3.61 % CA

79.8 %

-17.85 % CA

-17.3 %

-15.22 % CA

5.44 % CA

-166.4 %

 

 

 

 

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 :

KAR

 

 

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.