MIRA INFORM REPORT

 

 

Report No. :

323248

Report Date :

22.05.2015

 

IDENTIFICATION DETAILS

 

Name :

MANOUSH

 

 

Registered Office :

Manoush 11 B Rue Bachaumont 75002 Paris 2

 

 

Country :

France

 

 

Financials (as on) :

28.02.2014

 

 

Date of Incorporation :

March 2003

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Wholesale (business to business) clothing and shoes.

 

 

No. of Employee :

50 to 99 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

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 name and address

 

Name

MANOUSH

Acronym

-

Trade name

MANOUSH

Status

Economically active

Postal Address

MANOUSH
MANOUSH
11 B RUE BACHAUMONT
75002 PARIS 2

Share Capital

3,257,300 Euros

Incorporiation Date

03/2003

Activity (APE)

 
Wholesale ( business to business) clothing and shoes

 (4642Z)

RCS Registration

RCS Paris B 445 386 212

Formation Date

01/2003

EUR VAT Number

FR41445386212

Deregistration Date

-

Last account Date

28/02/2014

Court Registry Number

20 0 3B03916

Telephone

01 40 15 96 17

Registration Court

Paris (75)

Fax

-

Nationality

France

Legal form

Limited Liability Company

Currency

Euros

 

 

Key Financials

 

YEAR TO DATE

TURNOVER

GROSS OPERATING SURPLUS

SHAREHOLDER'S EQUITY

NET RESULT

EMPLOYEES

28/02/2014

11,403,267 €

5.51% Turnover

3,532,074 €

274,760 €

50 to 99 employees

28/02/2013

12,590,994 €

13.98% Turnover

3,257,314 €

446,807 €

-

29/02/2012

14,260,312 €

12.91% Turnover

2,810,507 €

407,790 €

-

 

 

Directors

 

Current Directors

1

 

 

Preferential Right

 

This company is not under monitoring

 

 

Payment Information Summary – Trade Payment Data

 

Total number of Invoices available

2

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

2

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

0

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

4771Z

Activity

 
Retail sale of clothing in specialized stores

Formation Date

01/2008

Reason for Formation

Formation

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

-

Trading Address

11 B RUE BACHAUMONT 
75002 PARIS 2

Department

Paris (75)

Location Surface

-

District

-

City

PARIS 2

Status

Economically active

Business Pages FT®

-

Region

Ile-de-France

Area

-

Size of Urban Area

-

 

 

Other Establishment(s)

 

Regionality

Legal unit with multiple establishments in many areas having at least 80% of workforce in same area

Mono-activity status

Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Branches

10 branch entities in this company

 

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

MANOUSH

Head Office

4642Z

Wholesale ( business to business) clothing and shoes

PARIS 2

75002

MANOUSH

Branch

4642Z

Wholesale ( business to business) clothing and shoes

LILLE

59800

MANOUSH

Branch

4642Z

Wholesale ( business to business) clothing and shoes

PARIS 2

75002

MANOUSH

Branch

4642Z

Wholesale ( business to business) clothing and shoes

CANNES

06400

MANOUSH

Branch

4642Z

Wholesale ( business to business) clothing and shoes

DEAUVILLE

14800

 

 

Workforces

 

Workforce at address

20 to 49 employees

Company workforce

50 to 99 employees

 

 

Commentary

 

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

 

The decrease of tangible fixed assets over the last two accounting periods is 34 %

The stock to turnover ratio is 18.62

The creditor days are 82.76

The sales to current assets ratio is 1.89

The net turnover is below the average of its class

High risk workforce size

The return on total assets employed is 3.79

The ratio total assets to total liabilities is 1.33

The pre-tax profit is 545,023 €

The net current assets are 6,039,331 €

The liabilities are 10,746,571 €

The total assets are 14,374,268 €

The risk provisions are 25,668 €

The company has 1 director(s)

Department code with low risk rating

Industry code with low risk rating

The decrease in the gearing percentage over the last two accounting periods is 19 %

The shareholder's equity is 3,532,074 €

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Status of collection

This company is not under monitoring

 

 

Group Data

 

No group information available for the company

 

 

Shareholders

 

No Shareholders available for this company

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. KOUHANA JULIEN

Manager position

President

Date of birth

15/01/1979

Place of birth

PARIS (75015)

Type

Individual

Name at birth

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

President

M. KOUHANA JULIEN

-

President

M. KOUHANA JULIEN

15/01/1979 - PARIS (75015)

President

M. KOUHANA JULIEN

15/01/1979 - PARIS (75015)

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

25/11/2014

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

10177 - 445386212 RCS. MANOUSH SAS. Forme : Société par actions simplifiée. Adresse : 11 bis rue Bachaumont 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 28/02/2014.

02/09/2014

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

1031 - 445 386 212 RCS Paris. MANOUSH SAS. Forme : Société par actions simplifiée. Administration : modification du Commissaire aux comptes titulaire CONSTANTIN ASSOCIES, Commissaire aux comptes suppléant partant : Cart-Tanneur, Gilles, nomination du Commissaire aux comptes suppléant : CISANE.Capital : 3257300 EUR. Activité : . 
Adresse du siège social : 11 bis rue Bachaumont, 75002 Paris. 
Commentaires : modification survenue sur l'administration.

31/10/2013

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

8825 - 445386212 RCS. MANOUSH SAS. Forme : Société par actions simplifiée. Adresse : 11 bis rue Bachaumont 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 28/02/2013.

09/10/2013

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

3042 - 445 386 212 RCS Paris. MANOUSH SAS. Forme : Société par actions simplifiée. Capital : 3257300 EUR. Activité : . 
Adresse du siège social : 11 bis rue Bachaumont, 75002 Paris. 
Commentaires : modification survenue sur le capital (augmentation).

12/09/2013

JAL

Modification of the share capital

Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France


Date de décision : 30/08/2013
La société : 445386212 - MANOUSH, MANOUSH, 11 B RUE BACHAUMONT, 75002 PARIS 2 a subi une augmentation de son capital socialdésormais de 3 257 300 € 
Date d'effet : 30/08/2013

15/09/2012

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

7013 - 445386212 RCS. MANOUSH SAS. Forme : Société par actions simplifiée. Adresse : 11 bis rue Bachaumont 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 29/02/2012.

14/11/2011

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

7149 - 445386212 RCS. MANOUSH SAS. Forme : Société par actions simplifiée. Adresse : 11 bis rue Bachaumont 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 28/02/2011.

09/01/2011

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

617 - 445 386 212 RCS Paris. MANOUSH SAS. Forme : Société par actions simplifiée. Capital : 495000 EUR. Activité : . 
Adresse du siège social : 11 bis rue Bachaumont, 75002 Paris. 
Commentaires : modification survenue sur le capital (augmentation).

01/12/2010

JAL

Modification of the share capital

Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France


Date de décision : 02/11/2010
La société : 445386212 - MANOUSH, MANOUSH, 11 B RUE BACHAUMONT, 75002 PARIS 2 a subi une augmentation de son capital social désormais de 495 000 € 
Date d'effet : 02/11/2010

01/12/2010

JAL

Resignation / Revocation of the social representative

Petites affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de la France


Date de décision : 02/11/2010
La société 445386212 - MANOUSH, MANOUSH, 11 B RUE BACHAUMONT, 75002 PARIS 2 
Fait l'objet du départ de Date d'effet : 02/11/2010

14/09/2010

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

9751 - 445386212 RCS. MANOUSH SAS. Forme : Société par actions simplifiée. Adresse : 11BIS R BACHAUMONT 75002 PARIS. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

10/09/2009

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

5692 - 445386212 RCS. MANOUSH SAS. Forme : Société par actions simplifiée. Adresse : 11 bis rue Bachaumont 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

22/05/2009

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

669 - 445 386 212 RCS Paris. MANOUSH SAS. Forme : Société par actions simplifiée. Administration : Gérant partant : Pariente, nom d'usage : Kouhana, Leslie, nomination du Président : Kouhana, Julien. Capital : 395000 EUR. 
Adresse du siège social : 11 bis rue Bachaumont, 75002 Paris. 
Commentaires : modification survenue sur la dénomination, la forme juridique et l'administration.

08/02/2009

Bodacc A

Vente et cession : Acheteur

83 - VAR

GREFFE DU TRIBUNAL DE COMMERCE DE FREJUS

1170 - 445 386 212 RCS Paris. MANOUSH. Forme : Société à responsabilité limitée. Capital : 395000 EUR. Adresse : 11 bis rue Bachaumont, 75002 Paris 02. 
Origine du fonds : Cession de droit au bail moyennant une indemnité de 1000000 Euros. Etablissement : Établissement principal. Activité : DROIT AU BAIL.Adresse : rue François Sibilli, 83990 Saint-Tropez. 
Précédent propriétaire : INTERNATIONAL AZUR DIFFUSION. 382 694 933 RCS Cannes. 
Date de commencement de l’activité : 05/01/2009. Publication légale : VAR MATIN/NICE MATIN du 13/01/2009. Oppositions : dans les locaux dont le droit au bail à été cédé. Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).

22/10/2008

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

1651 - 445 386 212 RCS Paris. MANOUSH. Forme : Société à responsabilité limitée. Enseigne : MANOUSH. Capital : 395000 EUR. Adresse de l’établissement principal : 11 bis rue Bachaumont, 75002 Paris. 
Adresse du siège social : 11 bis rue Bachaumont, 75002 Paris. 
Commentaires : modification survenue sur l'adresse du siège.

26/09/2008

Bodacc C

Comptes annuels et rapports

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

5772 - 445386212 RCS. MANOUSH. Forme : Société à responsabilité limitée. Adresse : 16 rue Bachaumont 75002 Paris. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

27/07/2008

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

2427 - 445 386 212 RCS paris. MANOUSH. Forme : Société à responsabilité limitée. Administration : nomination du Commissaire aux comptes titulaire : CABINET CONSTANTIN, nomination du Commissaire aux comptes suppléant : Cart-Tanneur, Gilles. Capital : 395000 EUR. 
Adresse du siège social : 16 rue Bachaumont, 75002 Paris. 
Commentaires : modification survenue sur l'administration.

19/06/2008

Bodacc B

Modification et mutation diverse

75 - PARIS

GREFFE DU TRIBUNAL DE COMMERCE DE PARIS

2275 - 445 386 212 RCS paris. MANOUSH. Forme : Société à responsabilité limitée. Capital : 395000 EUR. 
Adresse du siège social : 16 rue Bachaumont, 75002 Paris. 
Commentaires : modification survenue sur le capital (augmentation).

06/12/2007

Bodacc C

Avis de dépôt des comptes

5519 - 445 386 212. RCS PARIS MANOUSH. Forme: Société à responsabilité limitée. Adresse du siège social: 16 rue Bachaumont 75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

26/09/2006

Bodacc A

Vente et cession

0972 - RCS Paris B 445 386 212. RC 03-B 03916. MANOUSH. Forme : S.A.R.L. Capital : 20 000 euros. Adresse du siège social : 16 rue Bachaumont, 75012 Paris. Etablissement complémentaire : Activité : vente de prêt-à-porter. Adresse : 52 rue du Four, 75006 Paris. Etablissement complémentaire acquis par achat au prix stipulé de 1 450 000 euros. Date de début d'activité : 29 juin 2006. Précédent propriétaire : KOPLEWICZ (Anny). RCS 429 425 341. Publication légale : Journal spécial des sociétés françaises par actions du 13 juillet 2006. Oppositions : au fonds pour la validité et Canales et Egasse, 168 rue de Grenelle, 75007 Paris, pour la correspondance.

31/07/2006

Bodacc C

Avis de dépôt des comptes

4073 - RCS Paris B 445 386 212. RC 03-B 3916. MANOUSH. Forme: S.A.R.L.. Adresse du siège social: 16, R Bachaumont,Paris, 75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

03/10/2005

Bodacc C

Avis de dépôt des comptes

4644 - RCS Paris B 445 386 212. RC 03-B 3916. MANOUSH. Forme: S.A.R.L.. Adresse du siège social: 16, R Bachaumont,Paris, 75002 Paris. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

18/05/2005

Bodacc B

Modifications et mutations diverses

1978 - RCS Paris B 445 386 212. RC 03-B 3916. MANOUSH. Forme : S.A.R.L. Nom commercial : Manoush. Adresse du siège social : 16 rue Bachaumont,, 75002 Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l'établissement principal. Etablissement principal - Adresse : 16 rue Bachaumont, 75002

10/12/2004

Bodacc B

Modifications et mutations diverses

RCS Paris B 445386212 RC 03-B 3916 MANOUSH. Forme : S.A.R.L Nom commercial: Manoush. Commentaires : modification survenue sur l'administration. Administration : gérant partant : BOUAZIZ (Jean-Marc). Nomination du gérant : PARIENTE (Leslie) ( Nom d' usage : KOUHANA).

02/12/2003

Bodacc B

Modifications et mutations diverses

RCS Paris B 445386212 RC 03-B 3916 MANOUSH. Forme : S.A.R.L Nom commercial: Manoush. Adresse du siège social : 52 rue Montmartre, 75002 Paris. Commentaires : modification survenue sur l'adresse du siège social et l'adresse de l' établissement principal Etablissement principal: Adresse : 52 rue Montmartre, 75002 Paris.

19/03/2003

Bodacc A

Création d'établissement

RCS Paris B 445386212 RC 03-B 3916 MANOUSH. Forme : S.A.R.L. Capital : 20 000 euros Nom commercial: Manoush. Activité : achat, vente d'accessoires, de pret-à- porter, de chaussures et de ceintures. Adresse du siège social : 33 rue de Turbigo, 75003 Paris. Administration : gérant : BOUAZIZ (Jean-Marc) Cette société se constitue Date de début d' activité: 24 février 2003.

 

 

Company events history

 

Date

Description

04/03/2015

Minutes of general meeting of shareholders

04/03/2015

Updated articles of association

04/03/2015

New closing date

25/11/2014

Bodacc C : Deposit accounts notice

05/11/2014

Update Limit

05/11/2014

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

02/09/2014

Bodacc B: Various editing or changing

18/08/2014

Amendment

18/08/2014

New auditor

18/08/2014

Minutes of general meeting of shareholders

01/08/2014

Minutes of general meeting of shareholders

01/08/2014

Updated articles of association

28/02/2014

New accounts available

31/10/2013

Bodacc C : Deposit accounts notice

20/10/2013

Update Rating

20/10/2013

Update Limit

17/10/2013

Update Limit

17/10/2013

Update Rating

09/10/2013

Bodacc B: Various editing or changing

01/10/2013

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

24/09/2013

Updated articles of association

24/09/2013

Minutes of general meeting of shareholders

24/09/2013

Capital increase

30/08/2013

Other modification of Establishment

30/08/2013

Legal Gazette: Modification of the share capital

18/07/2013

Update Limit

18/07/2013

Update Rating

28/02/2013

New accounts available

28/09/2012

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

15/09/2012

Bodacc C : Deposit accounts notice

29/02/2012

New accounts available

14/11/2011

Bodacc C : Deposit accounts notice

19/10/2011

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

28/02/2011

New accounts available

09/01/2011

Bodacc B: Various editing or changing

24/12/2010

Updated articles of association

24/12/2010

Minutes of general meeting of shareholders

24/12/2010

Capital increase

20/12/2010

New closing date

20/12/2010

Updated articles of association

20/12/2010

Minutes of general meeting of shareholders

01/12/2010

Legal Gazette: Resignation / Revocation of the social representative

02/11/2010

Update of Company Workforce

02/11/2010

Other modification of Establishment

02/11/2010

Legal Gazette: Modification of the share capital

14/09/2010

Bodacc C : Deposit accounts notice

18/05/2010

Updated articles of association

18/05/2010

Minutes of general meeting of shareholders

31/12/2009

New accounts available

10/09/2009

Bodacc C : Deposit accounts notice

22/05/2009

Bodacc B: Various editing or changing

06/05/2009

Private document

06/05/2009

New legal form – no new category

06/05/2009

New legal form – new category

06/05/2009

Minutes of general meeting of shareholders

06/05/2009

Minutes of general meeting of shareholders

06/05/2009

Appointment/resignation of company officers

06/05/2009

Amendment

06/05/2009

Updated articles of association

06/05/2009

Updated articles of association

06/05/2009

New chairman (CEO, CoB)

31/03/2009

Audit or Management Report

31/03/2009

Private document

30/03/2009

Audit or Management Report

08/02/2009

New Bodacc A ads detected

05/01/2009

Formation of Establishment

31/12/2008

New accounts available

22/10/2008

Bodacc B: Various editing or changing

22/10/2008

New Bodacc B ads detected

06/10/2008

Minutes of general meeting of shareholders

06/10/2008

Minutes of general meeting of shareholders

06/10/2008

Private document

06/10/2008

Registered office transferred inside jurisdiction of the Commercial Court

06/10/2008

Updated articles of association

06/10/2008

Updated articles of association

06/10/2008

Registered office transferred inside jurisdiction of the Commercial Court

26/09/2008

Bodacc C : Deposit accounts notice

02/09/2008

Transfer of Establishment

02/09/2008

Update of Company Head Office Identifier

27/07/2008

Bodacc B: Various editing or changing

27/07/2008

New Bodacc B ads detected

19/06/2008

Bodacc B: Various editing or changing

19/06/2008

New Bodacc B ads detected

04/06/2008

Appointment/resignation of company officers

04/06/2008

Minutes of general meeting of shareholders

04/06/2008

New auditor

04/06/2008

Private document

04/06/2008

Minutes of general meeting of shareholders

01/01/2008

Formation of Establishment

31/12/2007

New accounts available

27/11/2007

Capital increase

27/11/2007

Updated articles of association

27/11/2007

Updated articles of association

27/11/2007

Private document

27/11/2007

Minutes of general meeting of shareholders

27/11/2007

Minutes of general meeting of shareholders

27/11/2007

Capital increase

10/10/2007

Updated articles of association

10/10/2007

Sale of shares

10/10/2007

Private document

10/10/2007

Minutes of general meeting of shareholders

09/10/2007

Sale of shares

09/10/2007

Updated articles of association

09/10/2007

Private document

09/10/2007

Minutes of general meeting of shareholders

31/12/2006

New accounts available

31/12/2005

New accounts available

21/04/2005

Updated articles of association

21/04/2005

Registered office transferred inside jurisdiction of the Commercial Court

21/04/2005

Private document

21/04/2005

Minutes of general meeting of shareholders

31/12/2004

New accounts available

24/11/2004

Appointment/resignation of company officers

24/11/2004

Minutes of general meeting of shareholders

24/11/2004

New manager

24/11/2004

Private document

24/11/2004

Updated articles of association

24/11/2004

Sale of shares

31/12/2003

New accounts available

20/11/2003

Minutes of general meeting of shareholders

20/11/2003

Registered office transferred inside jurisdiction of the Commercial Court

20/11/2003

Sale of shares

20/11/2003

Private document

20/11/2003

Updated articles of association

05/03/2003

Private document

05/03/2003

Fund deposit certificate

05/03/2003

Company formation

05/03/2003

Articles of association

 

 

Synthesized Accounts

 

Annual Accounts

 

28/02/2014

28/02/2013

29/02/2012

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

04/11/2014

30/09/2013

26/09/2012

Activity Code

4642Z

4642Z

4642Z

Employees

48

50

47

 

 

Active account

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

8,334,863

-1.7 %

8,479,306

-5.9 %

9,011,614

51,276

16155.1 %

 Intangible assets

7,085,698

-0.1 %

7,094,223

0.7 %

7,044,539

5,701

124188.7 %

 Tangible assets

373,902

-33.9 %

565,628

-49.0 %

1,109,386

8,118

4505.8 %

 Financial assets

875,263

0.7 %

869,055

1.3 %

857,689

5,652

15385.9 %

Net current assets

6,039,331

-18.2 %

7,383,647

16.7 %

6,327,921

280,472

2053.3 %

 Stocks

2,123,604

-10.7 %

2,377,069

-7.0 %

2,556,747

59,170

3489.0 %

 Advanced payments

0

0%

0

0%

0

0

0%

 Receivables

3,584,498

-17.3 %

4,332,181

40.4 %

3,086,373

87,454

3998.7 %

 Securities and cash

331,230

-50.9 %

674,397

-1.5 %

684,801

41,753

693.3 %

 Prepaid expenses

-

-

-

-

-

432

-

Accounts of regularization

73

-92.3 %

949

282.7 %

248

0

0%

Total Assets

14,374,268

-9.4 %

15,863,901

3.4 %

15,339,781

377,577

3707.0 %

 

 

Passive Account

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Shareholders' equity

3,532,074

8.4 %

3,257,314

15.9 %

2,810,507

101,383

3383.9 %

Share capital

3,257,300

558.0 %

495,000

0%

495,000

10,000

32473.0 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

25,668

-81.5 %

138,438

816.8 %

15,100

0

0%

Liabilities

10,746,571

-13.7 %

12,456,844

-0.2 %

12,476,967

227,128

4631.5 %

 Financial liabilities

6,666,848

-11.2 %

7,504,065

-5.3 %

7,920,724

20,498

32424.4 %

 Advanced payments received

15,001

7.6 %

13,944

376.9 %

2,924

0

0%

 Trade account payables

2,585,567

-12.0 %

2,937,358

3.8 %

2,830,848

81,033

3090.8 %

 Tax and social liabilities

585,238

7.4 %

544,938

-27.9 %

756,331

51,001

1047.5 %

 Other debts and fixed assets liabilities

963,270

-34.4 %

1,467,845

46.6 %

1,001,389

9,268

10293.5 %

Account regularization

600

0%

0

0%

1,959

0

0%

Total liabilities

14,374,266

-9.4 %

15,863,902

3.4 %

15,339,780

377,575

3707.0 %

 

 

Results

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Sales of Goods

11,455,274

-9.3 %

12,632,719

-14.2 %

14,725,009

554,925

1964.3 %

Net turnover

11,403,267

-9.4 %

12,590,994

-11.7 %

14,260,312

548,262

1979.9 %

 of which net export turnover

4,311,524

-17.7 %

5,236,390

-14.3 %

6,111,471

476

906634.8 %

Operating charges

11,173,900

-1.9 %

11,385,004

-14.5 %

13,308,881

557,254

1905.2 %

Operating profit/loss

281,374

-77.4 %

1,247,715

-11.9 %

1,416,128

12,934

2075.5 %

Financial income

386,858

109.2 %

184,912

-56.5 %

425,041

36

1089640.8 %

Financial charges

215,608

-22.3 %

277,651

-62.6 %

742,670

1,155

18567.4 %

Financial profit/loss

171,250

284.7 %

-92,739

70.8 %

-317,629

-242

71011.0 %

Pretax net operating income

452,624

-60.8 %

1,154,976

5.1 %

1,098,499

12,054

3655.0 %

Extraordinary income

203,022

-54.1 %

442,723

29613.0 %

1,490

1

20302100.0 %

Extraordinary charges

69,106

-92.5 %

916,382

99.2 %

460,024

248

27765.3 %

Extraordinary profit/loss

133,916

128.3 %

-473,659

-3.3 %

-458,534

0

0%

Net result

274,760

-38.5 %

446,807

9.6 %

407,790

11,734

2241.6 %

 

 

Accounts – Active

 

Normal Account

 

28/02/2014

28/02/2013

29/02/2012

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Grand Total (I to VI)

Net

14,374,268

-9.4 %

15,863,901

3.4 %

15,339,781

Gross

CO

17,363,553

-6.5 %

18,569,521

4.7 %

17,738,646

Amortisation

1A

2,989,285

10.5 %

2,705,620

12.8 %

2,398,865

 

 

Non declared distributed capital (I)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total Active fixed asset (II)

Net

8,334,863

-1.7 %

8,479,306

-5.9 %

9,011,614

Gross

BJ

10,843,156

1.3 %

10,704,194

1.2 %

10,578,265

Amortisation

BK

2,508,293

12.7 %

2,224,888

42.0 %

1,566,651

 

 

Intangible fixed assets

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

179,006

78.2 %

100,431

97.9 %

50,748

Gross

AF

316,893

39.9 %

226,491

80.0 %

125,842

Amortisation

AG

137,888

9.4 %

126,060

67.9 %

75,094

Goodwill

Net

6,906,692

-1.2 %

6,993,792

0.0 %

6,993,791

Gross

AH

6,993,792

0%

6,993,792

0.0 %

6,993,791

Amortisation

AI

87,100

75.6 %

49,600

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

7,085,698

-0.1 %

7,094,223

0.7 %

7,044,539

 

 

Tangilble fixed assets

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

591

-36.2 %

926

-30.1 %

1,325

Gross

AR

1,998

0%

1,998

0.1 %

1,997

Amortisation

AS

1,406

31.2 %

1,072

59.5 %

672

Other tangible fixed assets

Net

373,311

-33.9 %

564,702

-49.0 %

1,108,061

Gross

AT

2,655,210

1.6 %

2,612,858

0.5 %

2,598,946

Amortisation

AU

2,281,899

11.4 %

2,048,156

37.4 %

1,490,885

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

373,902

-33.9 %

565,628

-49.0 %

1,109,386

 

 

Financial assets

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

527,749

0%

527,749

0.0 %

527,748

Gross

CU

527,749

0%

527,749

0.0 %

527,748

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

0

0%

0

0%

0

Gross

BF

0

0%

0

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

347,514

1.8 %

341,306

3.4 %

329,941

Gross

BH

347,514

1.8 %

341,306

3.4 %

329,941

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

875,263

0.7 %

869,055

1.3 %

857,689

 

 

Current Assets (III)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total Assets

Net

6,039,331

-18.2 %

7,383,647

16.7 %

6,327,921

Gross

CJ

6,520,324

-17.1 %

7,864,379

9.8 %

7,160,133

Amortisation

CK

480,993

0.1 %

480,732

-42.2 %

832,212

 

 

Stocks

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Raw materials

Net

38,988

0%

38,988

0%

38,988

Gross

BL

38,988

0%

38,988

0%

38,988

Amortisation

BM

0

0%

0

0%

0

Work in progress (goods)

Net

0

0%

0

0%

0

Gross

BN

0

0%

0

0%

0

Amortisation

BO

0

0%

0

0%

0

Work in progress (services)

Net

0

0%

0

0%

0

Gross

BP

0

0%

0

0%

0

Amortisation

BQ

0

0%

0

0%

0

Semi-finished and finished products

Net

0

0%

0

0%

0

Gross

BR

0

0%

0

0%

0

Amortisation

BS

0

0%

0

0%

0

Goods for resale

Net

2,084,616

-10.8 %

2,338,081

-7.1 %

2,517,759

Gross

BT

2,277,549

-10.3 %

2,539,148

-5.2 %

2,677,025

Amortisation

BU

192,934

-4.0 %

201,067

26.2 %

159,266

Sub Total Stocks

Net

2,123,604

-10.7 %

2,377,069

-7.0 %

2,556,747

 

 

Advance payments to suppliers

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Advance payments to suppliers

Net

0

0%

0

0%

0

Gross

BV

0

0%

0

0%

0

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Trade accounts receivable

Net

1,398,868

-21.1 %

1,773,122

168.8 %

659,692

Gross

BX

1,686,927

-17.8 %

2,052,787

130.1 %

892,241

Amortisation

BY

288,059

3.0 %

279,665

20.3 %

232,549

Other debtors

Net

862,475

-7.8 %

935,739

5.1 %

890,580

Gross

BZ

862,475

-7.8 %

935,739

-29.7 %

1,330,977

Amortisation

CA

0

0%

0

0%

440,397

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

2,261,343

-16.5 %

2,708,861

74.7 %

1,550,272

 

 

Divers

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Investment securities

Net

0

0%

0

0%

0

Gross

CD

0

0%

0

0%

0

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

331,230

-50.9 %

674,397

-1.5 %

684,801

Gross

CF

331,230

-50.9 %

674,397

-1.5 %

684,801

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

331,230

-50.9 %

674,397

-1.5 %

684,801

 

 

Prepaid expenses

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Prepaid expenses

Net

1,323,155

-18.5 %

1,623,320

5.7 %

1,536,101

Gross

CH

1,323,155

-18.5 %

1,623,320

5.7 %

1,536,101

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Multi-period charges

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

73

-92.3 %

949

282.7 %

248

Gross

73

-92.3 %

949

282.7 %

248

 

 

References

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Grand Total (I to V)

EE

14,374,266

-9.4 %

15,863,902

3.4 %

15,339,780

 

 

Shareholder Equity (I)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total shareholders' equity (Total I)

DL

3,532,074

8.4 %

3,257,314

15.9 %

2,810,507

Equity and shareholders' equity

DA

3,257,300

558.0 %

495,000

0%

495,000

Issue and merger premiums

DB

0

0%

900,000

0%

900,000

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

0

0%

49,500

0%

49,500

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

0

0%

0

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

0

0%

96,332

0%

96,332

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

14

-100.0 %

1,269,675

47.3 %

861,885

Profit or loss for the period

DI

274,760

-38.5 %

446,807

9.6 %

407,790

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total other capital resources (Total II)

DO

0

0%

0

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

0

0%

0

0%

0

 

 

Provisions for risks and charges (III)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total provisions for risks and charges (Total III)

DR

25,668

-81.5 %

138,438

816.8 %

15,100

Risk provisions

DP

25,668

-81.5 %

138,438

816.8 %

15,100

Reserves for charges

DQ

0

0%

0

0%

0

 

 

Liabilities (IV)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total Liabilities (Total IV)

EC

10,746,571

-13.7 %

12,456,844

-0.2 %

12,476,967

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

3,927,209

-14.3 %

4,585,095

-10.7 %

5,136,006

Sundry loans and financial liabilities

DV

2,739,639

-6.1 %

2,918,970

4.8 %

2,784,718

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

15,001

7.6 %

13,944

376.9 %

2,924

Trade accounts payables

DX

2,585,567

-12.0 %

2,937,358

3.8 %

2,830,848

Tax and social security liabilities

DY

585,238

7.4 %

544,938

-27.9 %

756,331

Fixed asset liabilities

DZ

0

0%

0

0%

0

Other debts

EA

893,317

-38.7 %

1,456,539

51.1 %

964,181

 

 

Translation loss (V)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Translation loss (Total V)

ED

69,953

518.7 %

11,306

-69.6 %

37,208

 

 

Equalization accounts

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Deferred income

EB

600

0%

0

0%

1,959

 

 

References

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

0

0%

2,708,212

0%

0

Of which current bank facilities

EH

0

0%

1,912,130

0%

0

 

 

Result account

 

1 - Operating result (I-II)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Operating result (Total I-II)

GG

281,374

-77.4 %

1,247,715

-11.9 %

1,416,128

 

 

2 - Financial result (V-VI)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Financial result (Total V-VI)

GV

171,250

284.7 %

-92,739

70.8 %

-317,629

 

 

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

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

GW

452,624

-60.8 %

1,154,976

5.1 %

1,098,499

 

 

4 - Extraordinary result (VII-VIII)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Extraordinary result (Total VII-VIII)

HI

133,916

128.3 %

-473,659

-3.3 %

-458,534

 

 

Profit or loss

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Profit or loss

HN

274,760

-38.5 %

446,807

9.6 %

407,790

 

 

Total Income (I+III+V+VII)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

HL

12,045,154

-9.2 %

13,260,354

-12.5 %

15,151,540

 

 

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

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

HM

11,770,394

-8.1 %

12,813,547

-13.1 %

14,743,746

 

 

Operating income (I)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total operating income (Total I)

FR

11,455,274

-9.3 %

12,632,719

-14.2 %

14,725,009

 

 

Operating income (details)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Sale of goods for resale

FC

11,164,610

-9.5 %

12,330,951

-12.0 %

14,005,630

France

FA

6,930,865

-3.6 %

7,187,891

-9.5 %

7,938,909

Export

FB

4,233,745

-17.7 %

5,143,060

-15.2 %

6,066,721

Sale of goods produced

FF

0

0%

0

0%

0

France

FD

0

0%

0

0%

0

Export

FE

0

0%

0

0%

0

Sale of services

FI

238,657

-8.2 %

260,043

2.1 %

254,682

France

FG

160,878

-3.5 %

166,713

-20.6 %

209,932

Export

FH

77,779

-16.7 %

93,330

108.6 %

44,750

Net turnover

FL

11,403,267

-9.4 %

12,590,994

-11.7 %

14,260,312

France

FJ

7,091,743

-3.6 %

7,354,604

-9.7 %

8,148,841

Export

FK

4,311,524

-17.7 %

5,236,390

-14.3 %

6,111,471

Stocked production

FM

0

0%

0

0%

0

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

0

0%

0

0%

0

Release of reserves and provisions

FP

50,475

97.6 %

25,543

-94.1 %

433,809

Other income

FQ

1,532

-90.5 %

16,182

-47.6 %

30,888

 

 

Operating charges (II)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total operating charges (Total II)

GF

11,173,900

-1.9 %

11,385,004

-14.5 %

13,308,881

 

 

Exploitation charges

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Purchase of goods for resale

FS

4,386,417

-13.6 %

5,074,625

-7.6 %

5,494,466

Change in stocks of goods for resale

FT

261,599

89.7 %

137,877

-68.0 %

431,264

Purchase of raw materials

FU

543,859

-1.8 %

553,809

-35.9 %

864,205

Change in stocks of raw materials

FV

0

0%

0

0%

-38,988

Other external purchases and charges

FW

2,794,688

-1.7 %

2,841,998

-4.0 %

2,961,274

Tax, duty and similar payments

FX

172,347

2.8 %

167,663

-30.0 %

239,472

Payroll

FY

1,902,931

28.6 %

1,480,228

-17.4 %

1,792,938

Social security costs

FZ

712,568

24.0 %

574,648

-14.9 %

675,131

 

 

Depreciation

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Depreciation of fixed assets

GA

325,306

-9.6 %

359,837

-6.1 %

383,376

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

31,697

-72.2 %

114,105

-51.2 %

233,883

Provisions for risks and charges

GD

595

-77.4 %

2,638

-82.2 %

14,851

 

 

Other charges

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Other charges

GE

41,893

-46.0 %

77,576

-69.8 %

257,009

 

 

Operating charges (III-IV)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total financial income (Total V)

GP

386,858

109.2 %

184,912

-56.5 %

425,041

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

152,176

310.7 %

37,054

-33.6 %

55,817

Released provisions and transferred charges

GM

949

0%

0

0%

0

Exchange gains

GN

233,733

58.1 %

147,858

-60.0 %

369,224

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

 

Financial charge (VI)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total financial charge (Total VI)

GU

215,608

-22.3 %

277,651

-62.6 %

742,670

Financial reserves and provisions

GQ

73

-89.6 %

701

182.7 %

248

Interest and similar charges

GR

149,688

-45.8 %

276,118

-42.2 %

477,479

Exchange losses

GS

65,847

7814.3 %

832

-99.7 %

264,943

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total extraordinary income (Total VII)

HD

203,022

-54.1 %

442,723

29613.0 %

1,490

Extraordinary operating income

HA

3,621

55.7 %

2,326

56.1 %

1,490

Extraordinary income from capital transactions

HB

0

0%

0

0%

0

Released provisions and transferred charges

HC

199,401

-54.7 %

440,397

0%

0

 

 

Extraordinary charges (VIII)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total extraordinary charges (Total VIII)

HH

69,106

-92.5 %

916,382

99.2 %

460,024

Extraordinary operating charges

HE

6,606

-98.7 %

491,016

7289.3 %

6,645

Extraordinary charges from capital transactions

HF

0

0%

505

-7.3 %

545

Extraordinary reserves and provisions

HG

62,500

-85.3 %

424,861

-6.2 %

452,834

 

 

Employee profit sharing (IX)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Employee profit sharing (Total IX)

HJ

41,517

-21.3 %

52,760

21.1 %

43,571

 

 

Tax on profits (X)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Tax on profits (Total X)

HK

270,263

48.7 %

181,750

-3.6 %

188,600

 

 

References

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Of which equipment leases

HP

9,267

0.1 %

9,262

-13.3 %

10,680

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

0

0%

354

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

0

0%

47,070

0%

0

 

 

OTHER INCOMES TAX RETURN FORMS

 

FIXED ASSETS

 

GRAND TOTAL FIXED ASSETS (I TO IV)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

307

-96.0 %

7,602

-80.6 %

39,286

Gross value at the end of period

OL

10,843,155

1.3 %

10,704,193

1.2 %

10,578,268

 

 

Research and development Charge (Total I)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Gross value at begin of period

KD

7,220,283

1.4 %

7,119,634

0%

7,119,634

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

90,402

-10.2 %

100,649

0%

0

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

7,310,685

1.3 %

7,220,283

1.4 %

7,119,634

 

 

Tangible fixed assets (Total III)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Gross value at begin of period

LN

2,614,856

0.5 %

2,600,945

-0.1 %

2,604,168

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

42,352

102.8 %

20,879

-34.9 %

32,062

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

0

0%

6,967

-80.3 %

35,286

Gross value at the end of period

NH

2,657,209

1.6 %

2,614,857

0.5 %

2,600,944

 

 

Financial assets (Total IV)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Gross value at begin of period

LQ

869,055

1.3 %

857,690

0.0 %

858,044

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

6,514

-45.7 %

11,999

229.0 %

3,647

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

307

-51.7 %

635

-84.1 %

4,000

Gross value at the end of period

NK

875,262

0.7 %

869,054

1.3 %

857,691

 

 

Reserve for depreciation

 

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

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Reserve for depreciation value at begin of period

PE

90,933

21.1 %

75,094

48.0 %

50,732

Increases

PF

26,882

69.7 %

15,839

-35.0 %

24,362

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

117,815

29.6 %

90,933

21.1 %

75,094

 

 

Total fixed assets amotisation (Total III)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Reserve for depreciation value at begin of period

QU

1,829,094

22.6 %

1,491,558

29.1 %

1,155,391

Increases

QV

298,424

-13.2 %

343,999

-7.4 %

371,452

Decreases

QW

0

0%

6,462

-81.7 %

35,286

Decreasess by budget item transfer

QX

2,127,518

16.3 %

1,829,095

22.6 %

1,491,557

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Value at begining of period

7C

924,031

9.1 %

847,313

270.3 %

228,826

Increases

UB

94,865

-82.5 %

542,304

-21.3 %

689,380

Decreases

UC

249,274

-46.5 %

465,586

556.8 %

70,892

Value at the end of period

UD

769,621

-16.7 %

924,031

9.1 %

847,314

 

 

Includes Total allocations

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Operating

UE

32,292

-72.3 %

116,743

-53.1 %

248,734

Financial

UG

73

-89.6 %

701

182.7 %

248

Exceptional

UJ

62,500

-85.3 %

424,861

-3.5 %

440,397

 

 

Includes Total Withdrawal

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Operating

UF

48,925

94.2 %

25,189

-64.5 %

70,892

Financial

UH

949

0%

0

0%

0

Exceptional

UK

199,401

-54.7 %

440,397

0%

0

 

 

Total regulated provisions (Total I)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

 

 

Total risk and charge provisions (Total II)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Value at begining of period

5Z

138,438

816.9 %

15,099

-56.1 %

34,418

Increases

TV

25,668

-79.2 %

123,339

716.9 %

15,099

Decreases

TW

138,438

0%

0

0%

34,418

Value at the end of period

TX

25,668

-81.5 %

138,438

816.9 %

15,099

 

 

Total Provision for depreciation (Total III)

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Value at begining of period

7B

785,592

-5.6 %

832,213

328.1 %

194,407

Increases

TY

69,197

-83.5 %

418,965

-37.9 %

674,280

Decreases

TZ

110,836

-76.2 %

465,586

1176.5 %

36,474

Value at the end of period

UA

743,952

-5.3 %

785,592

-5.6 %

832,213

 

 

State deadlines claims and debts at the end of period

 

State claims

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Gross value

VT

4,220,072

-14.8 %

4,953,153

21.1 %

4,089,256

1 year at most

VU

3,872,558

-16.0 %

4,611,847

22.7 %

3,759,315

More than one year

VV

347,514

1.8 %

341,306

3.4 %

329,941

 

 

State of loans

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

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

0

0%

0

0%

0

Loans (1 year at most)

UR

0

0%

0

0%

0

Other financial assets (gross)

UT

347,514

1.8 %

341,306

3.4 %

329,941

Other financial assets (1 year at most)

UV

0

0%

0

0%

0

 

 

Receivables statement of assets

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Customers doubtful or disputed

VA

323,415

1.7 %

318,067

18.9 %

267,483

Other claims customer

UX

1,363,512

-21.4 %

1,734,721

177.7 %

624,758

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

1,800

-64.0 %

5,000

-21.8 %

6,393

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

31,874

-56.5 %

73,312

121.4 %

33,114

Other taxes and payments assimilated

VN

0

0%

0

0%

45,176

State and other public - Miscellaneous

VP

12,716

11784.1 %

107

0%

107

Group and Associates

VC

782,850

-1.7 %

796,316

2.6 %

775,879

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

VR

33,236

-45.5 %

61,005

-87.0 %

470,302

 

 

Prepaid

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Prepaid

VS

1,323,155

-18.5 %

1,623,320

5.7 %

1,536,102

 

 

State Debt

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Total debt (gross)

VY

10,731,570

-13.8 %

12,442,900

-0.2 %

12,474,042

1 year at most

VZ2

10,316,153

6.4 %

9,694,268

-0.7 %

9,762,437

More than 1 year and 5 years at most

VZ3

415,417

-83.0 %

2,442,093

-9.2 %

2,688,666

More than 5 years

VZ4

0

0%

306,539

1236.3 %

22,939

 

 

Details

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Convertible bonds (gross)

7Y1

0

0%

0

0%

0

1 year at most

7Y2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

0

Other bonds (gross)

7Z1

0

0%

0

0%

0

1 year at most

7Z2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Z3

0

0%

0

0%

0

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

VG1

2,532,205

32.4 %

1,912,130

97.6 %

967,517

1 year at most

VG2

2,532,205

32.4 %

1,912,130

97.6 %

967,517

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

1,395,004

-47.8 %

2,672,966

-35.9 %

4,168,489

1 year at most

VH2

979,587

-27.6 %

1,352,194

-8.6 %

1,479,823

More than 1 year and 5 years at most

VH3

415,417

-68.5 %

1,320,772

-50.9 %

2,688,666

Loans and various financial liabilities (gross)

8A1

24,476

-64.3 %

68,561

198.9 %

22,939

1 year at most

8A2

24,476

0%

0

0%

0

More than 1 year and 5 years at most

8A3

0

0%

68,561

0%

0

Suppliers and associated accounts (gross)

8B1

2,585,567

-12.0 %

2,937,358

3.8 %

2,830,848

1 year at most

8B2

2,585,567

-12.0 %

2,937,358

3.8 %

2,830,848

More than 1 year and 5 years at most

8B3

2,585,567

-12.0 %

2,937,358

3.8 %

2,830,848

Personnel and associated accounts (gross)

8C1

163,330

21.2 %

134,737

-17.9 %

164,045

1 year at most

8C2

163,330

99.2 %

81,977

-50.0 %

164,045

More than 1 year and 5 years at most

8C3

0

0%

52,760

0%

0

Social Security and other social organizations (gross)

8D1

159,344

23.2 %

129,310

-5.5 %

136,771

1 year at most

8D2

159,344

23.2 %

129,310

-5.5 %

136,771

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

78,481

98.1 %

39,625

-74.9 %

157,607

1 year at most

8E2

78,481

98.1 %

39,625

-74.9 %

157,607

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

70,842

-32.6 %

105,086

-24.7 %

139,561

1 year at most

VW2

70,842

-32.6 %

105,086

-24.7 %

139,561

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

113,241

-16.8 %

136,181

-14.0 %

158,347

1 year at most

VQ2

113,241

-16.8 %

136,181

-14.0 %

158,347

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

2,715,163

-4.7 %

2,850,409

3.2 %

2,761,779

1 year at most

VI2

2,715,163

-4.7 %

2,850,409

3.2 %

2,761,779

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

893,317

-38.7 %

1,456,539

51.1 %

964,181

1 year at most

8K2

893,317

495.5 %

150,000

-84.4 %

964,181

More than 1 year and 5 years at most

8K3

0

0%

1,000,000

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

600

0%

0

0%

1,959

1 year at most

8L2

600

0%

0

0%

1,959

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

 

References

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Loans made during the period

VJ

0

0%

0

0%

0

Debt repaid during the period

VK

1,273,797

-14.4 %

1,487,482

3.6 %

1,435,692

 

 

Table allocation results and other information

 

Dividends distributed

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Commitments leasing furniture

YQ

0

0%

30,670

24.2 %

24,699

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

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Subcontracting

YT

0

0%

11,653

0%

0

Rentals, rental charges and condominiums

XQ

0

0%

1,295,031

0%

0

Staff outside the company

YU

0

0%

80,517

0%

0

Remuneration intermediaries and fees (excluding fees)

SS

0

0%

315,271

0%

0

Fees, commissions and brokerage

YV

0

0%

186,943

0%

0

Other accounts

ST

0

0%

952,583

0%

0

Total Other purchases and external

ZJ

0

0%

2,841,998

0%

0

 

 

Taxes and Fees

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Business tax

YW

0

0%

89,716

0%

0

Other taxes and payments assimilated

9Z

0

0%

77,947

0%

0

Total taxes and fees

YX

0

0%

167,663

0%

0

 

 

VAT

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Amount VAT collected

YY

0

0%

1,390,512

0%

0

Total VAT on goods and services

YZ

0

0%

437,136

0%

0

 

 

Average number of employees

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Average number of employees

YP

48

-4.0 %

50

6.4 %

47

 

 

Groups and Shareholders

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Fixed Asset Financing

1.17

11.4 %

1.05

-9.5 %

1.16

2.17

-46.1 %

Global Debt

339 days

-4.8 %

356 days

13.0 %

315 days

139 days

143.9 %

Working Capital Fund overall net

60 days

300.0 %

15 days

-65.9 %

44 days

59 days

1.7 %

Financial independence

52.98 %

22.0 %

43.41 %

22.4 %

35.48 %

152.62 %

-65.3 %

Solvability

24.57 %

19.7 %

20.53 %

12.1 %

18.32 %

32.49 %

-24.4 %

Capacity debt futures

100.58 %

0.8 %

99.79 %

-13.1 %

114.84 %

1,049.79 %

-90.4 %

Coverage of current assets by net working capital overall

36.36 %

346.1 %

8.15 %

-73.6 %

30.84 %

38.59 %

-5.8 %

General Liquidity

0.38

-20.8 %

0.48

23.1 %

0.39

0.46

-17.4 %

Restricted Liquidity

0.41

-25.5 %

0.55

19.6 %

0.46

0.85

-51.8 %

 

 

Management or rotation

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Need background in operating working capital

10 days

150.0 %

4 days

136.4 %

-11 days

20 days

-50.0 %

Treasury

10 days

128.6 %

-35 days

-305.9 %

17 days

10 days

0%

Inventory turnover of goods

176 days

0.6 %

175 days

7.4 %

163 days

94 days

87.2 %

Average length of credit granted to customers

53 days

0%

53 days

130.4 %

23 days

37 days

43.2 %

Average length of credit obtained suppliers

117 days

0%

117 days

11.4 %

105 days

61 days

91.8 %

Inventory turnover of raw materials in industrial enterprises

3 days

50.0 %

2 days

0%

2 days

0 days

0%

Inventory turnover of intermediate and finished products in the industrial enterprise

-

-

-

-

-

2,125 days

-

Rotation tangible assets

429.14 %

-10.9 %

481.52 %

-12.2 %

548.27 %

1,870.53 %

-77.1 %

 

 

Profitability of the business

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Margin trading

57.15 %

1.1 %

56.54 %

-0.2 %

56.66 %

31.84 %

79.5 %

Profitability of the business

5.51 %

-60.6 %

13.98 %

8.3 %

12.91 %

3.41 %

61.6 %

Net profit

2.41 %

-32.1 %

3.55 %

24.1 %

2.86 %

1.88 %

28.2 %

Growth rate of turnover (excluding VAT)

-9.43 %

19.5 %

-11.71 %

37.7 %

-18.81 %

0.00 %

0%

Rates integration

29.96 %

-5.3 %

31.63 %

-0.8 %

31.89 %

18.76 %

59.7 %

Rate leasing furniture

0.08 %

14.3 %

0.07 %

0%

0.07 %

0.00 %

0%

Work Factor

76.55 %

48.4 %

51.60 %

-4.9 %

54.27 %

71.04 %

7.8 %

Weight interests

1.89 %

-14.5 %

2.21 %

-57.6 %

5.21 %

0.23 %

721.7 %

 

 

Return on capital

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Cash flow from the overall profitability

3.62 %

-40.6 %

6.09 %

-26.0 %

8.23 %

2.52 %

43.7 %

Rates of economic profitability

6.00 %

-62.5 %

16.00 %

-5.9 %

17.00 %

10.85 %

-44.7 %

Financial profitability

3,532,074.00 %

8.4 %

3,257,314.00 %

15.9 %

2,810,507.00 %

64,573.50 %

5369.9 %

Return on investment

4.81 %

-28.5 %

6.73 %

-37.2 %

10.72 %

9.12 %

-47.3 %

 

 

Management intermediate balances

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Turnover

11,403,267

-9.4 %

12,590,994

-11.7 %

14,260,312

548,262

1979.9 %

 

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Sales of goods

11,164,610

-9.5 %

12,330,951

-12.0 %

14,005,630

-

- Purchase of goods

4,386,417

-13.6 %

5,074,625

-7.6 %

5,494,466

-

+/- Stock of goods variation

261,599

89.7 %

137,877

-68.0 %

431,264

-

Trading margin

6,516,594 €

-8.5 %

7,118,449 €

-11.9 %

8,079,900 €

144,436 €

4411.8 %

57.15 % CA

1.1 %

56.54 % CA

-0.2 %

56.66 % CA

32.94 % CA

73.5 %

 

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Sale of goods produced

238,657

-8.2 %

260,043

2.1 %

254,682

-

+/- Stocked production

0

0%

0

0%

0

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

238,657 €

-8.2 %

260,043 €

2.1 %

254,682 €

4,926 €

4745.3 %

2.09 % CA

1.0 %

2.07 % CA

15.6 %

1.79 % CA

0.99 % CA

111.1 %

 

 

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Trading margin

6,516,594

-8.5 %

7,118,449

-11.9 %

8,079,900

144,436

4411.8 %

+ Period Production

238,657

-8.2 %

260,043

2.1 %

254,682

4,926

4745.3 %

- Purchase of raw materials

543,859

-1.8 %

553,809

-35.9 %

864,205

-

+/- Change in stocks of raw materiels

0

0%

0

0%

-38,988

-

- Other external purchases and charges

2,794,688

-1.7 %

2,841,998

-4.0 %

2,961,274

-

Added value

3,416,704 €

-14.2 %

3,982,685 €

-12.4 %

4,548,091 €

118,823 €

2775.5 %

29.96 % CA

-5.3 %

31.63 % CA

-0.8 %

31.89 % CA

18.76 % CA

59.7 %

 

 

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Gross operating surplus

628,858 €

-64.3 %

1,760,146 €

-4.4 %

1,840,550 €

16,684 €

3669.3 %

+ Release of reserves and provisions

50,475

97.6 %

25,543

-94.1 %

433,809

-

+ Other operating income

1,532

-90.5 %

16,182

-47.6 %

30,888

-

- Depreciation/ Amortisation

357,598

-25.0 %

476,580

-24.6 %

632,110

-

- Other charges

41,893

-46.0 %

77,576

-69.8 %

257,009

-

Operating result

281,374 €

-77.4 %

1,247,715 €

-11.9 %

1,416,128 €

12,934 €

2075.5 %

2.47 % CA

-75.1 %

9.91 % CA

-0.2 %

9.93 % CA

2.29 % CA

7.9 %

 

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Operating result

281,374 €

-77.4 %

1,247,715 €

-11.9 %

1,416,128 €

12,934 €

2075.5 %

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

0

0%

0

0%

0

-

+ Financial income

386,858

109.2 %

184,912

-56.5 %

425,041

-

- Financial charges

215,608

-22.3 %

277,651

-62.6 %

742,670

-

Pre-tax result

452,624 €

-60.8 %

1,154,976 €

5.1 %

1,098,499 €

12,054 €

3655.0 %

3.97 % CA

-56.7 %

9.17 % CA

19.1 %

7.70 % CA

2.00 % CA

98.5 %

 

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Extraordinary income

203,022

-54.1 %

442,723

29613.0 %

1,490

1

20302100.0 %

- Extraordinary charges

69,106

-92.5 %

916,382

99.2 %

460,024

-

Extraordinary result

133,916 €

128.3 %

-473,659 €

-3.3 %

-458,534 €

0 €

0%

1.17 % CA

131.1 %

-3.76 % CA

-16.8 %

-3.22 % CA

0.00 % CA

0%

 

 

 

 

28/02/2014

Variation

28/02/2013

Variation

29/02/2012

SECTOR MEDIAN 2014

Pre-tax result

452,624 €

-60.8 %

1,154,976 €

5.1 %

1,098,499 €

12,054 €

3655.0 %

Extraordinary result

133,916 €

128.3 %

-473,659 €

-3.3 %

-458,534 €

0 €

0%

- Employee profit sharing

41,517

-21.3 %

52,760

21.1 %

43,571

-

- Tax on profits

270,263

48.7 %

181,750

-3.6 %

188,600

-

Net result

274,760 €

-38.5 %

446,807 €

9.6 %

407,794 €

11,735 €

2241.4 %

2.41 % CA

-32.1 %

3.55 % CA

24.1 %

2.86 % CA

1.88 % CA

28.2 %

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.70

UK Pound

1

Rs.98.92

Euro

1

Rs.70.67

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

ANK

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

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

 

Unlimited

71-85

Aa

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

 

Large

56-70

A

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

 

Fairly Large

41-55

Ba

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

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

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

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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

 

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

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

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.