MIRA INFORM REPORT
|
Report No. : |
322530 |
|
Report Date : |
21.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
TMG-ACABAMENTOS TEXTEIS SA |
|
|
|
|
Registered Office : |
Rua 25 de Abril, nº 1678, 4805-369-Ronfe, Guimaraes, Braga |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2013 |
|
|
|
|
Date of Incorporation : |
06.03.1963 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Subject is engaged in Bleaching and Dyeing |
|
|
|
|
No of Employees : |
144 |
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 : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Portugal |
B1 |
B1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderate Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderate High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
PORTUGAL ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union (EMU) in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2014, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. A modest recovery began in 2013 and gathered steam in in 2014 due to strong export performance and a rebound in private consumption. Although austerity measures were instituted to reduce the large budget deficit, they contributed to record unemployment and a wave of emigration not seen since the 1960s. A continued reduction in private- and public-sector debt could weigh on consumption and investment in 2015, holding back a stronger recovery. The government of Pedro PASSOS COELHO has passed legislation aimed at reducing labor market rigidity, and, this, along sustained fiscal discipline, could make Portugal more attractive to foreign direct investment. The government reduced the budget deficit from 10.1% of GDP in 2009 to 4.8% in 2014, a figure that is significantly higher than the EU-IMF target of 4%. The government has pledged to lower the deficit to under 3% of GDP in 2015 in order to comply with euro-zone fiscal obligations. Legislative elections in 2015 could increase the risk of fiscal slippage and undermine investor confidence in Portugal’s economy, which has improved over the course of the EU-IMF program. The EU-IMF financing program expired in May 2014.
|
Source
: CIA |
Identification
|
Name |
TMG-ACABAMENTOS
TEXTEIS SA |
|
V.A.T. Number /
NIF |
500189773 |
|
Address |
Rua 25 de Abril,
nº 1678 |
|
Postal Code |
4805-369-RONFE |
|
Municipality |
GUIMARAES |
|
District |
BRAGA |
|
Telephone |
253423700,
252300400 |
|
Fax |
253423701,
252300690 |
|
E-Mail |
central@tmg.pt |
|
Web Site |
www.tmg.pt |
|
CAE Main |
13301- Bleaching
and Dyeing |
Financial
Highlights
|
2011 |
2012 |
2013 |
|||
|
Net Sales |
8.116.249,00 |
|
5.511.973,00 |
|
7.359.560,00 |
|
Net Income For
the Year |
(212.791,00) |
|
(1.815.252,00) |
|
(1.287.803,00) |
|
Shareholders Funds
|
3.799.112,00 |
|
2.038.135,00 |
|
748.460,00 |
|
Stocks |
1.135.119,00 |
|
1.123.577,00 |
|
1.263.047,00 |
|
LIABILITY |
4.922.169,00 |
|
5.419.590,00 |
|
6.699.904,00 |
|
ASSETS |
8.721.281,00 |
|
7.457.725,00 |
|
7.448.364,00 |
Business
Concept
Consulted sources say that the subject has been respecting its payments and commercial commitments, so credit connections with this company are recommended.
Summary
|
Legal Form |
Joint Stock
Company |
|
Constitution |
06-03-1963 |
|
V.A.T. Number /
NIF |
500189773 |
|
Employees |
144 |
|
Capital |
2.750.000,00 |
|
Sales in :
31-12-2013 |
7.359.560,00 |
|
Shareholders
Funds in: 31-12-2013 |
748.460,00 |
|
Payments |
Good |
|
Actual Condition
|
In activity |
Governing
Bodies
|
Board of
Director's |
|
|
MANUEL ANTONIO
CARVALHO GONCALVES |
Board of
Director's President |
|
ISABEL MARIA
GONCALVES FOLHADELA DE OLIVEIRA MENDES FURTADO |
Board of
Director's Vice-President |
|
SANDRA MARIA
CARVALHO GONCALVES GOMES |
Administrator |
|
Fiscal Board |
|
|
PRICEWATERHOUSECOOPERS
& ASSOCIADOS-SOCIEDADE DE REVISORES OFICIAIS DE CONTAS LDA |
Unique Fiscal |
|
HERMINIO ANTONIO
PAULOS AFONSO |
Fiscal Board
Substitute |
Legal
Structure
|
|
Registed on the Register
Record Office of Guimaraes with the Register Number 500189773 previous number
545 in 05-06-1963 |
|
Constitution
celebrated in 06-03-1963 published on Diário da República number 75 of
29-03-1963 |
|
To oblige the
company it is necessary 2 signature |
|
Changes to
Society |
|
In 26-03-2015 on
Portal MJ of 24-04-2015 appointment of board of directors |
|
In 18-10-2012 on
Portal MJ of 19-10-2012 social change |
|
In 13-04-2012 on
Portal MJ of 21-06-2012 rectification |
|
In 27-03-2012 on
Portal MJ of 16-04-2012 board of director's change |
|
In 03-11-2009 on
Portal MJ of 06-11-2009 social change |
Capital
The Capital is 2.750.000,00 , divided in 550000 shares , with a nominal value of 5,00
Activities
|
Main CAE |
13301- Bleaching and Dyeing |
|
Business Description |
|
Indústria têxtil, principalmente a de
acabamentos de tecidos e malhas, tinturaria e branqueação |
|
Geographic
Distribution of Sales |
|
Internal Market |
International
Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
5.680.206,00 |
77,18% |
1.679.354,00 |
22,82% |
0,00 |
0,00% |
7.359.560,00 |
|
|
2012 |
5.147.938,00 |
93,40% |
364.035,00 |
6,60% |
0,00 |
0,00% |
5.511.973,00 |
|
|
2011 |
5.474.287,00 |
67,45% |
2.625.241,00 |
32,35% |
16.721,00 |
0,21% |
8.116.249,00 |
|
|
2010 |
7.753.301,00 |
99,39% |
47.822,00 |
0,61% |
0,00 |
0,00% |
7.801.123,00 |
|
Geographic
Distribution of Purchases |
|
Internal Market |
International
Market |
|
Year |
EU |
Extra-EU |
Total |
|
2013 |
1.876.033,00 |
99,28% |
10.507,00 |
0,56% |
3.134,00 |
0,17% |
1.889.674,00 |
|
|
2012 |
1.517.029,00 |
98,89% |
13.545,00 |
0,88% |
3.502,00 |
0,23% |
1.534.076,00 |
|
|
2011 |
1.659.404,00 |
98,03% |
31.791,00 |
1,88% |
1.494,00 |
0,09% |
1.692.689,00 |
|
|
2010 |
1.859.696,00 |
97,48% |
38.162,00 |
2,00% |
9.876,00 |
0,52% |
1.907.734,00 |
Banks
and Financial Institutions
|
MILLENNIUM BCP |
Corporate -
Porto |
Incidents
There are no of incidents on our database
Employees
|
Year |
Total |
Men |
Women |
|
2013 |
144 |
118 |
82% |
26 |
18% |
|
|
2012 |
56 |
55 |
98% |
1 |
2% |
|
|
2011 |
58 |
57 |
98% |
1 |
2% |
|
|
2010 |
66 |
64 |
97% |
2 |
3% |
Head
Office and Installations
|
Apartado 14, 4764-952 São Cosme do Vale |
|
Has head office Rua 25 de Abril, nº 1678, 4805-369, RONFE |
Special
Information
|
Event |
General
Description |
|
Quality
Certification |
A titular
encontra se certificada segundo a norma NP EN ISO 9001:2000 |
Financial
Demonstration SNC
|
Balance Sheet
SNC |
||
|
CoinEUROS |
Year:2013 |
|
|
2013 |
2012 |
2011 |
% Var.2013/12 |
|
ASSET |
||||
|
Non-current assets |
||||
|
Tangible fixed assets |
3.117.216,00 |
3.434.688,00 |
3.891.859,00 |
(9,24)% |
|
Investment properties |
- |
- |
- |
- |
|
Goodwill |
- |
- |
- |
- |
|
Intangible assets |
136.219,00 |
142.029,00 |
85.951,00 |
(4,09)% |
|
Biological assets |
- |
- |
- |
- |
|
Financial participations - patrimonial
equity method |
- |
- |
- |
- |
|
Financial participations - other methods |
- |
- |
- |
- |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other financial assets |
- |
- |
- |
- |
|
Deferred tax assets |
720.000,00 |
1.170.000,00 |
1.170.000,00 |
(38,46)% |
|
Financial investments(exclusive use by
small entities and micro entities) |
- |
- |
- |
- |
|
Total |
3.973.435,00 |
4.746.717,00 |
5.147.810,00 |
(16,29)% |
|
Current assets |
||||
|
Inventories |
1.263.047,00 |
1.123.577,00 |
1.135.119,00 |
12,41% |
|
Biological assets |
- |
- |
- |
- |
|
Costumers |
1.746.901,00 |
1.235.129,00 |
1.964.184,00 |
41,43% |
|
Advances to suppliers |
923,00 |
3.577,00 |
- |
(74,20)% |
|
State and other public entities |
60.346,00 |
90.955,00 |
173.139,00 |
(33,65)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other accounts receivable |
357.828,00 |
217.135,00 |
256.787,00 |
64,80% |
|
Deferrals |
- |
6.161,00 |
19.443,00 |
- |
|
Financial assets held for trading |
7.297,00 |
7.296,00 |
7.297,00 |
0,01% |
|
Other financial assets |
73,00 |
- |
- |
- |
|
Non-current assets held for sale |
- |
- |
- |
- |
|
Other current assets |
- |
- |
- |
- |
|
Cashier and bank deposits |
38.514,00 |
27.178,00 |
17.502,00 |
41,71% |
|
Total |
3.474.929,00 |
2.711.008,00 |
3.573.471,00 |
28,18% |
|
TOTAL ASSET |
7.448.364,00 |
7.457.725,00 |
8.721.281,00 |
(0,13)% |
|
SHAREHOLDERS FUNDS AND LIABILITIES |
||||
|
SHAREHOLDERS FUNDS |
||||
|
Capital |
2.750.000,00 |
2.750.000,00 |
2.750.000,00 |
- |
|
Own shares |
- |
- |
- |
- |
|
Other shareholders funds instruments |
- |
- |
- |
- |
|
Emission premiuns |
- |
- |
- |
- |
|
Legal reserves |
336.242,00 |
336.242,00 |
336.242,00 |
- |
|
Other reserves |
871.467,00 |
871.467,00 |
871.467,00 |
- |
|
Net retained |
(10.489.722,00) |
(8.674.470,00) |
(8.461.633,00) |
20,93% |
|
Adjustments on financial assets |
- |
- |
- |
- |
|
Revaluation surplus |
8.568.276,00 |
8.545.988,00 |
8.491.667,00 |
0,26% |
|
Other shareholders funds changes |
- |
24.160,00 |
24.160,00 |
- |
|
Total |
2.036.263,00 |
3.853.387,00 |
4.011.903,00 |
(47,16)% |
|
Net income for the period |
(1.287.803,00) |
(1.815.252,00) |
(212.791,00) |
(29,06)% |
|
Antecipated dividends |
- |
- |
- |
- |
|
TOTAL OF SHAREHOLDERS FUNDS |
748.460,00 |
2.038.135,00 |
3.799.112,00 |
(63,28)% |
|
LIABILITY |
||||
|
Non-current liiabilities |
||||
|
Provisions |
- |
- |
- |
- |
|
Financing obtained |
- |
- |
- |
- |
|
Responsability for post-employment
beneficts |
- |
- |
- |
- |
|
Diferred taxes liabilities |
199.735,00 |
331.470,00 |
311.901,00 |
(39,74)% |
|
Other payable accounts |
- |
- |
- |
- |
|
Total |
199.735,00 |
331.470,00 |
311.901,00 |
(39,74)% |
|
Current liabilities |
||||
|
Suppliers |
723.189,00 |
1.265.771,00 |
1.323.045,00 |
(42,87)% |
|
Advances from costumers |
- |
- |
- |
- |
|
State and other public entities |
184.637,00 |
49.217,00 |
40.581,00 |
275,15% |
|
Shareholders/partners |
2.050.000,00 |
1.460.000,00 |
1.650.000,00 |
40,41% |
|
Financing obtained |
2.838.545,00 |
1.940.396,00 |
1.176.790,00 |
46,29% |
|
Other payable accounts |
699.911,00 |
372.736,00 |
419.852,00 |
87,78% |
|
Deferrals |
3.887,00 |
- |
- |
- |
|
Financial liabilities held for trading |
- |
- |
- |
- |
|
Other financial liabilities |
- |
- |
- |
- |
|
Non-current liabilities held for sale |
- |
- |
- |
- |
|
Other current liabilities |
- |
- |
- |
- |
|
Total |
6.500.169,00 |
5.088.120,00 |
4.610.268,00 |
27,75% |
|
TOTAL LIABILITIES |
6.699.904,00 |
5.419.590,00 |
4.922.169,00 |
23,62% |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
7.448.364,00 |
7.457.725,00 |
8.721.281,00 |
(0,13)% |
|
INCOME STATEMENT |
||||
|
INCOME AND EXPENSES |
||||
|
Sales and services |
7.359.560,00 |
5.511.973,00 |
8.116.249,00 |
33,52% |
|
Operating government grants |
3.863,00 |
- |
- |
- |
|
Gains/losses allocated subsidiaries,
associates and joint ventures |
- |
- |
- |
- |
|
Variation in production inventories |
62.979,00 |
(7.787,00) |
(153.105,00) |
(908,77)% |
|
Work for the entity itself |
- |
- |
- |
- |
|
Cost of goods sold and materials consumed |
1.812.427,00 |
1.554.314,00 |
1.974.599,00 |
16,61% |
|
Suppliers and external services |
3.501.470,00 |
4.302.022,00 |
5.041.871,00 |
(18,61)% |
|
Personnel costs |
2.201.065,00 |
537.781,00 |
633.755,00 |
309,29% |
|
Impairment of inventories
(losses/revearsals) |
- |
37.624,00 |
- |
- |
|
Impairment of receivables
(losses/revearsals) |
(4.371,00) |
- |
18.194,00 |
- |
|
Provisions (increases/reductions) |
- |
- |
- |
- |
|
Impairment of investments not
depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Other impairments
(losses/reversals)/impairments (losses/reversals) (exclusive use by small entities
and microentities) |
- |
- |
- |
- |
|
Increases/decreases in fair value |
- |
- |
- |
- |
|
Other income and gains |
104.571,00 |
95.877,00 |
552.284,00 |
9,07% |
|
Other expenses and losses |
182.217,00 |
154.607,00 |
288.411,00 |
17,86% |
|
Result before depreciation, financing
costs and taxes |
(161.835,00) |
(986.285,00) |
558.598,00 |
(83,59)% |
|
Expenses/reversals of depreciation and
amortization |
481.076,00 |
561.064,00 |
575.148,00 |
(14,26)% |
|
Impairment of investments depreciable/amortizable
(losses/reversals) |
- |
- |
- |
- |
|
Operating result (before financing costs
and taxes) |
(642.911,00) |
(1.547.349,00) |
(16.550,00) |
(58,45)% |
|
Interest and similar income obtained |
1.373,00 |
3.027,00 |
7.225,00 |
(54,64)% |
|
interest and similar expenses incurred |
324.282,00 |
270.362,00 |
199.555,00 |
19,94% |
|
Net before taxes |
(965.820,00) |
(1.814.684,00) |
(208.880,00) |
(46,78)% |
|
Income tax of the period |
321.983,00 |
568,00 |
3.911,00 |
56.587,15% |
|
Net profit for the period |
(1.287.803,00) |
(1.815.252,00) |
(212.791,00) |
(29,06)% |
|
Results of discontinued operations (net of
taxes) included in the net icome of the period |
- |
- |
- |
- |
RATIOS
SNC
|
Closing Date |
2013 |
2012 |
2011 |
|
||||||
|
TURNOVER RATIOS |
||||||
|
Shareholder's Funds Profitability |
(1,721) |
(0,891) |
(0,056) |
|||
|
Assets Profitability |
(0,086) |
(0,207) |
(0,002) |
|||
|
Sales Net Profitability |
(0,175) |
(0,329) |
(0,026) |
|||
|
EFFICIENCY RATIOS |
||||||
|
Medium Term Receivable |
86,638 |
81,79 |
88,332 |
|||
|
Asset Rotation |
0,988 |
0,739 |
0,931 |
|||
|
PRODUCTIVITY RATIOS |
||||||
|
Productivity |
2,52 |
7,359 |
9,691 |
|||
|
SHORT TERM RATIOS |
||||||
|
General Liquidity |
0,535 |
0,533 |
0,775 |
|||
|
Reduced Liquidity |
0,34 |
0,312 |
0,529 |
|||
|
Immediate Liquidity |
0,006 |
0,005 |
0,004 |
|||
|
MEDIUM LONG TERM RATIOS |
||||||
|
Financial Autonomy |
0,1 |
0,273 |
0,436 |
|||
|
Solvability |
0,112 |
0,376 |
0,772 |
|||
|
Borrowed Capital Structure |
0,97 |
0,939 |
0,937 |
|||
|
General Debt |
3,793 |
0,952 |
0,31 |
|||
|
Debt Structure |
0,97 |
0,939 |
0,937 |
|||
|
Capital Structure |
3,747 |
6,149 |
12,181 |
|||
|
Operational and Financial Risk |
||||||
|
Operational Leverage Level |
(8,628) |
(2,558) |
(371,097) |
|||
|
Financial Leverage Level |
0,666 |
0,853 |
0,079 |
|||
|
Combined Leverage Level |
(5,746) |
(2,182) |
(29,317) |
|||
CASH
FLOW STATEMENT
|
Rubrics |
2013 |
2012 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL ACTIVITIES |
|||
|
Customers receipts |
8.438.571,00 |
7.460.945,00 |
13,10% |
|
Payments to suppliers |
7.243.072,00 |
7.072.290,00 |
2,41% |
|
Payments to employees |
1.896.362,00 |
553.778,00 |
242,44% |
|
Cash at bank generated from operations |
(700.863,00) |
(165.123,00) |
(324,45)% |
|
Payment/receipt of income tax |
(12.247,00) |
(20.063,00) |
38,96% |
|
Other receipts/payments |
(281.277,00) |
106.687,00 |
(363,65)% |
|
Cash Flows from Operational Activities (A) |
(994.387,00) |
(78.499,00) |
(1.166,75)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|||
|
Payments regarding: |
|||
|
Fixed tangible assets |
161.323,00 |
108.632,00 |
48,50% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
73,00 |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|||
|
Fixed tangible assets |
- |
912,00 |
- |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
1.373,00 |
3.027,00 |
(54,64)% |
|
Dividends |
- |
- |
- |
|
Cash Flows' Investments Activities (B) |
(160.023,00) |
(104.693,00) |
(52,85)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|||
|
Receipts from: |
|||
|
Obtained financing |
382.784,00 |
900.000,00 |
(57,47)% |
|
Paying-up of capital and other equity
instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
590.000,00 |
- |
- |
|
Payments regarding: |
|||
|
Obtained financing |
- |
190.000,00 |
- |
|
Interests and similar expenses |
322.402,00 |
268.892,00 |
19,90% |
|
Dividends |
- |
- |
- |
|
Capital's redution and other equity
instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing Activities © |
650.382,00 |
441.108,00 |
47,44% |
|
Variation in cash at bank and its
equivalents (A+B+C) |
(504.028,00) |
257.916,00 |
(295,42)% |
|
Effect of exchange differences |
- |
- |
- |
|
Cash at bank and its equivalents at the
start of period |
(710.931,00) |
(968.846,00) |
26,62% |
|
Cash at bank and its equivalents at the
end of period |
(1.214.959,00) |
(710.930,00) |
(70,90)% |
CASH
FLOWS
|
Movimentos do
Periodo de 2013 |
||||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S CARRYING AMOUNT AND MOVEMENTS |
|
|||
|
Cash in hand |
- |
- |
- |
0,00 |
|
Order deposits |
27.178,00 |
11.336,00 |
- |
38.514,00 |
|
Other bank deposits |
- |
- |
- |
0,00 |
|
Total cash at bank and bank deposits |
27.178,00 |
11.336,00 |
0,00 |
38.514,00 |
|
Of which: Bank deposits abroad |
- |
- |
- |
0,00 |
|
Rubrics |
Value |
|
OTHER INFORMATION |
|
|
Receipts from: |
|
|
Non-life insurance claims |
- |
|
Operating subsidies |
- |
|
Cash at bank and its equivalents not
available for use |
- |
ASSETS
IMPAIRMENT
|
Movimentos do
Periodo de 2013 |
|
|||||
|
Impairment
losses |
Impairment
losses reversals |
|||||
|
Rubrics |
Recognized in
profit and loss |
On revalued assets
recognized in equity |
Total |
Recognized in
profit and loss |
Recognized in
Equity |
Total |
|
Individual
assets |
|
|||||
|
Fixed tangible
assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
0,00 |
0,00 |
- |
- |
0,00 |
0,00 |
|
Intangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment
properties (cost model) |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Investments in
progress |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Financial
investments |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
TOTAL |
||||||
|
of which:
cash-generating units |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
GOVERNMENT
GRANTS AND GOVERNMENT ASSISTANCE
|
Grants from
State and other public bodies |
Grants from
other entities |
|||
|
Rubrics |
Value assigned in
the period or in previous periods |
Value attributed
to the period |
Value assigned
in the period or in previous periods |
Value attributed
to the period |
|
Grants related
to assets/investment: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Fixed tangible
assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Land and Natural
Resources |
- |
- |
- |
- |
|
Buildings and
other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport
equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible
assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
Development
projects |
- |
- |
- |
- |
|
Computer
programmes |
- |
- |
- |
- |
|
Industrial
property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related
to income / operating |
- |
- |
- |
- |
|
Value of
repayments in the period: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Grants related
to assets/investment |
- |
- |
- |
- |
|
Grants related
to income / operating |
- |
- |
- |
- |
|
TOTAL |
0,00 |
0,00 |
0,00 |
0,00 |
IMPAIRMENT
LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST
|
Movimentos do
Periodo de 2013 |
|
||
|
Rubrics |
Impairment
losses |
Impairment
losses reversals |
Total |
|
Receivable debts from customers |
- |
4.371,00 |
(4.371,00) |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
0,00 |
4.371,00 |
(4.371,00) |
DEBTS
REGISTERED AS DOUBTFUL
|
Rubrics |
Value |
|
Regarding insolvency and company recovery
procedures or enforcement procedures |
- |
|
Claimed in court |
- |
|
In arrears: |
0,00 |
|
Over six months and up to twelve months |
- |
|
Over twelve months and up to eighteen
months |
- |
|
Over eighteen months and up to twenty four
months |
- |
|
Over twenty four months |
- |
|
TOTAL |
0,00 |
EMPLOYEE
BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS
|
Rubrics |
Average number
of employees |
Average number
of hours worked |
|
Company employees,
paid and unpaid |
144 |
255.940 |
|
Paid company
employees |
144 |
255.940 |
|
Company UNPAID
employees |
0 |
0 |
|
Company
employees, by type of working hours |
||
|
Full time
company employees |
144 |
255.940 |
|
Of which: Full time
company employees |
144 |
255.940 |
|
Part time
company employees |
0 |
0 |
|
Of which: Part
time company employees |
0 |
0 |
|
Company
employees, by gender: |
||
|
Men |
118 |
210.602 |
|
Women |
26 |
45.338 |
|
Company
employees, of which: |
||
|
Company
employees assigned to Research and Development |
0 |
- |
|
Service
providers |
0 |
0 |
|
People placed
through temporary employment agencies |
2 |
- |
Staff
costs
|
Rubrics |
Value |
|
Staff costs |
2.201.065,00 |
|
Governance Bodies Remuneration |
10.667,00 |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
1.411.786,00 |
|
Of which: Profit-sharing |
- |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined contribution plans - corporate
bodies |
- |
|
For defined contribution plans - others |
- |
|
Compensations |
97.664,00 |
|
Charges on remunerations |
338.805,00 |
|
Insurance for accidents at work and
professional diseases |
- |
|
Social security expenses |
- |
|
Other staff costs |
342.143,00 |
|
Of which: |
|
|
Expenditure on education |
- |
|
Expenditure on uniforms |
- |
INFORMATION
BY GEOGRAPHIC MARKETS
|
Geographic
markets |
|
|||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
166.513,00 |
57,00 |
- |
166.570,00 |
|
Services
provided |
5.513.693,00 |
1.679.297,00 |
- |
7.192.990,00 |
|
Purchases |
1.876.033,00 |
10.507,00 |
3.134,00 |
1.889.674,00 |
|
Supplies and
external services |
3.003.064,00 |
498.406,00 |
- |
3.501.470,00 |
|
Acquisition of
fixed tangible assets |
121.128,00 |
25.284,00 |
17.000,00 |
163.412,00 |
|
Acquisition of
investment properties |
- |
- |
- |
0,00 |
|
Acquisition of
intangible assets |
74.562,00 |
- |
- |
74.562,00 |
|
Supplementary income:
|
2.268,00 |
0,00 |
0,00 |
2.268,00 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies,
projects and technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
2.268,00 |
- |
- |
2.268,00 |
|
Memorandum:
Sales and services provided (undiscounted values) |
- |
- |
- |
0,00 |
|
Memorandum:
Purchases and supplies and external services (undiscounted values) |
- |
- |
- |
0,00 |
RECEIVABLE
AND PAYABLE ACCOUNTS
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Customers |
|
||
|
Trade accounts receivable |
1.746.901,00 |
1.235.129,00 |
41,43% |
|
Trade notes receivable |
- |
- |
- |
|
Advances received from customers |
- |
- |
- |
|
Suppliers |
|||
|
Trade accounts payable |
705.561,00 |
1.262.650,00 |
(44,12)% |
|
Trade notes payable |
- |
- |
- |
|
Trade accounts payable - unchecked
invoices |
17.628,00 |
3.121,00 |
464,82% |
|
Advances to suppliers |
923,00 |
3.577,00 |
(74,20)% |
|
Staff |
|||
|
Payable remunerations |
- |
- |
- |
|
Advanced payments |
- |
- |
- |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
State and other public sector institutions |
|||
|
Income Tax |
59.992,00 |
65.982,00 |
(9,08)% |
|
Deductible IVA (debt cumulative amounts) |
- |
- |
- |
|
Paid IVA (credit cumulative amounts) |
- |
- |
- |
|
Shareholders / partners |
|||
|
Shareholders with subscription |
- |
- |
- |
|
Unreleased quotas |
- |
- |
- |
|
Advances for profits |
- |
- |
- |
|
Allocated results |
|||
|
From the perspective of the entity
distributing profits |
- |
- |
- |
|
From the perspective of the entity with
allocated profits |
- |
- |
- |
|
Available profits |
|||
|
From the perspective of the entity
distributing profits |
- |
- |
- |
|
From the perspective of the entity with
allocated profits |
- |
- |
- |
|
Granted loans - parent company |
- |
- |
- |
|
Granted loans - subsidiary companies,
associated companies and joint ventures |
- |
- |
- |
|
Granted loans - other
shareholders/partners |
- |
- |
- |
|
Of which: Participating companies |
- |
- |
- |
|
Other operations |
|||
|
Debit status |
- |
- |
- |
|
Credit status |
2.050.000,00 |
1.460.000,00 |
40,41% |
|
Other receivable and payable accounts |
|||
|
Investment providers - general accounts |
5.959,00 |
3.868,00 |
54,06% |
|
Trade accounts payable - unchecked
invoices |
- |
- |
- |
|
Advanced payments to investment providers |
- |
- |
- |
|
additional income - Debtors |
6.609,00 |
20.080,00 |
(67,09)% |
|
additional expenses - Creditors |
482.077,00 |
191.680,00 |
151,50% |
|
Deferred tax assets |
720.000,00 |
1.170.000,00 |
(38,46)% |
|
Deferred tax liabilities |
199.735,00 |
331.470,00 |
(39,74)% |
|
Unreleased subscriptions - Creditors |
- |
- |
- |
|
Advances received on account of sales |
- |
- |
- |
|
Other debtors and creditors |
|||
|
Other debtors |
155.288,00 |
188.981,00 |
(17,83)% |
|
Other creditors |
171.467,00 |
169.890,00 |
0,93% |
EXPENSE
ACCOUNTS
|
Rubrics |
2013 |
2012 |
PERIODS |
|
Supplies and external services |
3.501.470,00 |
4.302.022,00 |
(18,61)% |
|
Subcontracts |
131.787,00 |
94.329,00 |
39,71% |
|
Specialized services |
635.141,00 |
1.694.008,00 |
(62,51)% |
|
Specialized works |
512.709,00 |
1.611.854,00 |
(68,19)% |
|
Of which: Payments to workers placed
through agencies |
495,00 |
2.855,00 |
(82,66)% |
|
Advertising and promotion |
- |
- |
- |
|
Surveillance and security |
20.855,00 |
87,00 |
23.871,26% |
|
Fees |
- |
3.841,00 |
- |
|
Comissions |
3.397,00 |
9.846,00 |
(65,50)% |
|
Maintenance and repairs |
72.925,00 |
45.467,00 |
60,39% |
|
Others |
25.255,00 |
22.913,00 |
10,22% |
|
Materials |
169.322,00 |
154.534,00 |
9,57% |
|
Fast wear tools and utensils |
520,00 |
554,00 |
(6,14)% |
|
Books and technical documentation |
- |
- |
- |
|
Office material |
16.154,00 |
13.816,00 |
16,92% |
|
Gift items |
130,00 |
41,00 |
217,07% |
|
Others |
152.518,00 |
140.123,00 |
8,85% |
|
Energy and fluids |
1.989.707,00 |
1.613.686,00 |
23,30% |
|
Electricity |
512.147,00 |
428.827,00 |
19,43% |
|
Fuels |
1.481,00 |
3.151,00 |
(53,00)% |
|
Water |
- |
- |
- |
|
Others |
1.476.079,00 |
1.181.708,00 |
24,91% |
|
Travel, lodging and transportation |
42.950,00 |
24.236,00 |
77,22% |
|
Travel and lodging |
3.432,00 |
1.233,00 |
178,35% |
|
Transport of personnel |
8,00 |
- |
- |
|
Transport of goods |
39.510,00 |
23.003,00 |
71,76% |
|
Others |
- |
- |
- |
|
Different services |
532.563,00 |
721.229,00 |
(26,16)% |
|
Rents and leases |
3.155,00 |
5.774,00 |
(45,36)% |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
6.701,00 |
6.656,00 |
0,68% |
|
Insurance |
77.691,00 |
99.151,00 |
(21,64)% |
|
Royalties |
- |
- |
- |
|
Litigation and Notaries |
168,00 |
1.042,00 |
(83,88)% |
|
Representation expenses |
91,00 |
52,00 |
75,00% |
|
Cleaning, hygiene and comfort |
45.482,00 |
44.596,00 |
1,99% |
|
Other services |
399.275,00 |
563.958,00 |
(29,20)% |
Deliberation
of Approval of Accounts
|
Were the financial year's accounts
approved? |
|
|
YES |
|
|
Data da Aprovação: 25-03-2014 |
|
|
By (Unanimity/Majority): |
|
|
Unanimity |
|
|
Percentage of issued votes related to the share capital subscribed
with voting right |
|
|
100 |
|
|
The accounts were approved: |
|
|
In general meeting regularly convoked |
|
|
The accounts were approved: |
|
|
In POC/SNC/NCM (National Plan of
Accounts/Accounting Normalization System/Accounting Normalization for micro
entities) |
PROFIT
APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S
ACCOUNTS
|
Rubrics |
2013 |
2012 |
|
Retained earnings |
(11.777.525,00) |
(10.489.722,00) |
|
Allocated results / Available profits |
- |
- |
|
Percentages or bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
- |
- |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
(11.777.525,00) |
(10.489.722,00) |
Management
Report / Assessment of the Inspection Body / Legal Certification of Accounts
|
MANAGEMENT REPORT |
|
|
Were the Management Report and financial
year's accounts prepared? |
|
|
YES |
|
|
Were the management report and the financial year's accounts signed by
all members of the management / administration? |
|
|
YES |
|
|
ASSESSMENT OF THE INSPECTION BODY |
|
|
The entity has an inspection body? |
|
|
YES |
|
|
Has the inspection body issued an assessment? |
|
|
YES |
|
|
The inspection body pronounced: |
|
|
In favour of the approval of accounts |
|
|
LEGAL CERTIFICATION OF ACCOUNTS (CLC) |
|
|
Is the entity required to have certified accounts by a Statutory
Auditor/Statutory Audit Firm? |
|
|
YES |
|
|
Identificação do ROC: 506628752 |
|
|
Was the Legal certification of accounts issued? |
|
|
YES |
|
|
With reserves |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 63.86 |
|
|
1 |
Rs. 98.88 |
|
Euro |
1 |
Rs. 70.73 |
INFORMATION DETAILS
|
Analysis Done by
: |
RSM |
|
|
|
|
Report Prepared
by : |
DPT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to
overcome financial difficulties seems comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.