MIRA INFORM REPORT

 

 

Report No. :

325087

Report Date :

30.05.2015

 

IDENTIFICATION DETAILS

 

Name :

V3-IMPORTACAO E EXPORTACAO LDA

 

 

Registered Office :

4400-192-Vila Nova De Gaia Vila Nova De Gaia Porto

 

 

Country :

Portugal

 

 

Financials (as on) :

2013

 

 

Date of Incorporation :

01.09.1995

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :
  • Wholesale trade of textiles
  • Wholesale trade of construction materials (except wood) and sanitary equipment

 

 

No. of Employee :

2

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

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

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No complaints

 

 

Litigation :

Clear

 

 

NOTES :

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

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

Portugal

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

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

V3-IMPORTACAO E EXPORTACAO LDA

IIC Number

138040

V.A.T. Number / NIF

503507059

Address

Rua José Falcão, nº 613

Postal Code

4400-192-VILA NOVA DE GAIA

Municipality

VILA NOVA DE GAIA

District

PORTO

Telephone

223744477

Fax

223744479

E-Mail

vetrespt@v3.mail.pt

CAE Main

46410- Wholesale trade of textiles

CAE Secondary

46732- Wholesale trade of construction materials (except wood) and sanitary equipment

 

 

Financial Highlights

 

2011

2012

2013

Net Sales

343.899,19

196.625,71

2.222.844,41

Net Income For the Year

4.818,65

(88.435,73)

34.732,65

Shareholders Funds

232.292,28

143.856,55

178.589,20

Stocks

12.993,87

12.993,87

LIABILITY

479.670,79

372.170,92

211.834,73

ASSETS

711.963,07

516.027,47

390.423,93

 

 

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

Private Limited Company

Constitution

01-09-1995

V.A.T. Number / NIF

503507059

Employees

2

Capital

69.927,88

Sales in : 31-12-2013

2.222.844,41

Shareholders Funds in: 31-12-2013

178.589,20

Credit Risk Level

Low Credit Risk

 

 

Management Bodies

 

VLADIMIRO OLIVEIRA DO NASCIMENTO

Managing-Partner

 

Gráficos de Análise Sectorial

Legal Structure

 

Registed on the Register Record Office of Vila Nova de Gaia with the Register Number 503507059 previous number 62481 in 15-06-2005

Constitution celebrated in 01-09-1995 published on Diário da República number 7 of 09-01-1996

To oblige the company it is necessary 1 signatures

 

 

Changes to Society

 

In 30-10-2013 on Portal MJ of 30-10-2013 update of the Head Office Village

In 03-10-2012 on Portal MJ of 09-10-2012 social change

In 26-09-2012 on Portal MJ of 03-10-2012 management resignation

In 01-07-2010 on Portal MJ of 01-07-2010 business change

In 23-09-2008 on Portal MJ of 23-09-2008 business change

 

 

Capital

 

The Capital is 69.927,88

 

with the following distribution

 

VLADIMIRO OLIVEIRA DO NASCIMENTO

69.927,88

100%

 

Biographies

 

Name

VLADIMIRO OLIVEIRA DO NASCIMENTO

Funtion

Managing-Partner

Address

Rua Saibreira 109, 1.º, Vilar do Paraíso

Locality

4405-903 VILA NOVA DE GAIA

Civil State

Married

Consort

Maria Fátima Ferreira Magalhães Nascimento

Professional Connections

The subject has connections with the following company (ies)

EMPATIA-ARQUEOLOGIA LDA as Managing-Partner with a participation of 1.000,00 , in a capital of 25.000,00 .

 

 

Activities

 

Main CAE

46410- Wholesale trade of textiles

46732- Wholesale trade of construction materials (except wood) and sanitary equipment

 

 

Business Description

Produção, importação, exportação e comercialização de produtos metálicos, materiais de construção, calçado, têxteis e vestuário

 

 

Geographic Distribution of Sales

 

Internal Market

International Market

 

Year

EU

Extra-EU

Total

 

2013

2.918,22

0,13%

0,00

0,00%

2.219.926,19

99,87%

2.222.844,41

2012

196.625,71

100,00%

0,00

0,00%

0,00

0,00%

196.625,71

2011

343.899,19

100,00%

0,00

0,00%

0,00

0,00%

343.899,19

2010

546.435,97

100,00%

0,00

0,00%

0,00

0,00%

546.435,97

 

 

Geographic Distribution of Purchases

 

Internal Market

International Market

 

Year

EU

Extra-EU

Total

 

2013

-

-

-

-

1.909.107,38

100,00%

1.909.107,38

2012

146.701,66

100,00%

-

-

-

-

146.701,66

2011

193.458,36

100,00%

-

-

-

-

193.458,36

2010

338.287,22

100,00%

-

-

-

-

338.287,22

 

Banks and Financial Institutions

 

BANCO SANTANDER TOTTA SA

Damião de Gois- Porto

 

 

Incidents

 

There are no of incidents on our database

 

 

Employees

 

Year

Total

Men

Women

 

2013

2

2

100%

0

0%

2012

2

2

100%

0

0%

2011

2

2

100%

0

0%

2010

2

2

100%

0

0%

 

Head Office and Installations

 

Had head office Rua Miguel Bombarda, 214-1º Traseiras, 4050-221, PORTO

Head office Rua de José Falcão, 613, 4400-192, VILA NOVA DE GAIA, Tel:223744477, Fax:223744479

 

Financial Demonstration SNC

Balance Sheet SNC

CoinEUROS

Year:2013

 

2013

2012

2011

% Var.2013/12

 

ASSET

Non-current assets

Tangible fixed assets

4.318,67

3.275,12

3.601,60

31,86%

Investment properties

-

-

-

-

Goodwill

-

-

-

-

Intangible assets

-

-

-

-

Biological assets

-

-

-

-

Financial participations - patrimonial equity method

-

-

-

-

Financial participations - other methods

-

-

-

-

Shareholders/partners

-

-

-

-

Other financial assets

4.563,00

-

-

-

Deferred tax assets

-

-

-

-

Financial investments(exclusive use by small entities and micro entities)

-

-

-

-

Total

8.881,67

3.275,12

3.601,60

171,19%

Current assets

Inventories

-

12.993,87

12.993,87

-

Biological assets

-

-

-

-

Costumers

180.446,73

344.342,12

586.354,30

(47,60)%

Advances to suppliers

-

-

-

-

State and other public entities

7.034,40

3.305,76

14.855,76

112,79%

Shareholders/partners

-

-

-

-

Other accounts receivable

166.178,82

-

350,00

-

Deferrals

4.741,14

2.917,61

3.150,32

62,50%

Financial assets held for trading

-

-

-

-

Other financial assets

1.380,00

3.880,00

-

(64,43)%

Non-current assets held for sale

-

-

-

-

Other current assets

-

-

-

-

Cashier and bank deposits

21.761,17

145.312,99

90.657,22

(85,02)%

Total

381.542,26

512.752,35

708.361,47

(25,59)%

TOTAL ASSET

390.423,93

516.027,47

711.963,07

(24,34)%

SHAREHOLDERS FUNDS AND LIABILITIES

SHAREHOLDERS FUNDS

Capital

69.927,88

69.927,88

69.927,88

-

Own shares

-

-

-

-

Other shareholders funds instruments

-

-

-

-

Emission premiuns

-

-

-

-

Legal reserves

51.385,21

51.385,21

51.144,28

-

Other reserves

-

-

-

-

Net retained

22.543,46

110.979,19

106.401,47

(79,69)%

Adjustments on financial assets

-

-

-

-

Revaluation surplus

-

-

-

-

Other shareholders funds changes

-

-

-

-

Total

143.856,55

232.292,28

227.473,63

(38,07)%

Net income for the period

34.732,65

(88.435,73)

4.818,65

(139,27)%

Antecipated dividends

-

-

-

-

TOTAL OF SHAREHOLDERS FUNDS

178.589,20

143.856,55

232.292,28

24,14%

LIABILITY

Non-current liiabilities

Provisions

-

-

-

-

Financing obtained

103.200,00

259.385,09

358.560,28

(60,21)%

Responsability for post-employment beneficts

-

-

-

-

Diferred taxes liabilities

-

-

-

-

Other payable accounts

-

-

-

-

Total

103.200,00

259.385,09

358.560,28

(60,21)%

Current liabilities

Suppliers

38.325,50

30.110,76

50.253,66

27,28%

Advances from costumers

-

-

-

-

State and other public entities

10.172,35

5.419,59

16.927,65

87,70%

Shareholders/partners

41.087,75

46.578,89

46.578,89

(11,79)%

Financing obtained

-

-

-

-

Other payable accounts

13.626,74

25.254,20

7.350,31

(46,04)%

Deferrals

5.422,39

5.422,39

-

-

Financial liabilities held for trading

-

-

-

-

Other financial liabilities

-

-

-

-

Non-current liabilities held for sale

-

-

-

-

Other current liabilities

-

-

-

-

Total

108.634,73

112.785,83

121.110,51

(3,68)%

TOTAL LIABILITIES

211.834,73

372.170,92

479.670,79

(43,08)%

TOTAL SHAREHOLDERS FUNDS AND LIABILITIES

390.423,93

516.027,47

711.963,07

(24,34)%

INCOME STATEMENT

INCOME AND EXPENSES

Sales and services

2.222.844,41

196.625,71

343.899,19

1.030,50%

Operating government grants

-

-

-

-

Gains/losses allocated subsidiaries, associates and joint ventures

-

-

-

-

Variation in production inventories

-

-

-

-

Work for the entity itself

-

-

-

-

Cost of goods sold and materials consumed

1.909.107,38

146.701,66

193.458,36

1.201,35%

Suppliers and external services

64.255,97

44.675,75

54.303,64

43,83%

Personnel costs

92.778,23

82.989,92

79.520,41

11,79%

Impairment of inventories (losses/revearsals)

-

-

-

-

Impairment of receivables (losses/revearsals)

-

-

-

-

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

30.486,21

26.048,89

24.858,76

17,03%

Other expenses and losses

14.268,52

3.266,49

26.609,88

336,82%

Result before depreciation, financing costs and taxes

172.920,52

(54.959,22)

14.865,66

(414,63)%

Expenses/reversals of depreciation and amortization

309,30

326,48

278,16

(5,26)%

Impairment of investments depreciable/amortizable (losses/reversals)

-

-

-

-

Operating result (before financing costs and taxes)

172.611,22

(55.285,70)

14.587,50

(412,22)%

Interest and similar income obtained

-

-

386,40

-

interest and similar expenses incurred

132.351,38

32.336,61

8.433,53

309,29%

Net before taxes

40.259,84

(87.622,31)

6.540,37

(145,95)%

Income tax of the period

5.527,19

813,42

1.721,72

579,50%

Net profit for the period

34.732,65

(88.435,73)

4.818,65

(139,27)%

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

0,194

(0,615)

0,021

Assets Profitability

0,442

(0,107)

0,02

Sales Net Profitability

0,016

(0,45)

0,014

EFFICIENCY RATIOS

Medium Term Receivable

29,63

639,208

622,331

Asset Rotation

5,693

0,381

0,483

PRODUCTIVITY RATIOS

Productivity

3,382

0,602

1,892

SHORT TERM RATIOS

General Liquidity

3,512

4,546

5,849

Reduced Liquidity

3,512

4,431

5,742

Immediate Liquidity

0,2

1,288

0,749

MEDIUM LONG TERM RATIOS

Financial Autonomy

0,457

0,279

0,326

Solvability

0,843

0,387

0,484

Borrowed Capital Structure

0,513

0,303

0,252

General Debt

0,578

1,803

1,544

Medium Long Term Debt

0,578

1,803

1,544

Debt Structure

0,513

0,303

0,252

Capital Structure

1,731

0,555

0,648

Operational and Financial Risk

Operational Leverage Level

1,818

(0,903)

10,313

Financial Leverage Level

4,287

0,631

2,23

Combined Leverage Level

7,794

(0,57)

22,998

 

 

CASH FLOW STATEMENT

 

Rubrics

2013

2012

PERIODS

 

CASH FLOWS FROM OPERATIONAL ACTIVITIES

Customers receipts

-

-

-

Payments to suppliers

-

-

-

Payments to employees

-

-

-

Cash at bank generated from operations

0,00

0,00

-

Payment/receipt of income tax

-

-

-

Other receipts/payments

-

-

-

Cash Flows from Operational Activities (A)

0,00

0,00

-

CASH FLOWS' INVESTMENT ACTIVITIES

Payments regarding:

Fixed tangible assets

-

-

-

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

-

-

-

Receipts from:

Fixed tangible assets

-

-

-

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

-

-

-

Investment subsidies

-

-

-

Interest and similar income

-

-

-

Dividends

-

-

-

Cash Flows' Investments Activities (B)

0,00

0,00

-

CASH FLOWS' INVESTMENT ACTIVITIES

Receipts from:

Obtained financing

-

-

-

Paying-up of capital and other equity instruments

-

-

-

Coverage of losses

-

-

-

Donations

-

-

-

Other financing operations

-

-

-

Payments regarding:

Obtained financing

-

-

-

Interests and similar expenses

-

-

-

Dividends

-

-

-

Capital's redution and other equity instruments

-

-

-

Other financing operations

-

-

-

Cash Flows' Financing Activities ©

0,00

0,00

-

Variation in cash at bank and its equivalents (A+B+C)

0,00

0,00

-

Effect of exchange differences

-

-

-

Cash at bank and its equivalents at the start of period

21.761,17

-

-

Cash at bank and its equivalents at the end of period

21.761,17

-

-

 

 

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

145.311,95

5.565.654,36

5.707.206,18

3.760,13

Other bank deposits

1,04

77.427,00

59.427,00

18.001,04

Total cash at bank and bank deposits

145.312,99

5.643.081,36

5.766.633,18

21.761,17

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

-

-

0,00

Other receivables

-

-

0,00

Equity instruments and other securities

-

-

0,00

Others

-

-

0,00

TOTAL

0,00

0,00

0,00

 

 

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

2

4.160

Paid company employees

2

4.160

Company UNPAID employees

0

0

Company employees, by type of working hours

Full time company employees

2

4.160

Of which: Full time company employees

2

4.160

Part time company employees

0

0

Of which: Part time company employees

0

0

Company employees, by gender:

Men

2

4.160

Women

-

-

Company employees, of which:

Company employees assigned to Research and Development

-

-

Service providers

1

145

People placed through temporary employment agencies

-

-

 

 

Staff costs

 

Rubrics

Value

 

Staff costs

92.778,23

Governance Bodies Remuneration

52.129,74

Of which: Profit-sharing

-

Employees remuneration

25.185,02

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

-

Charges on remunerations

14.770,45

Insurance for accidents at work and professional diseases

611,71

Social security expenses

-

Other staff costs

81,31

Of which:

Expenditure on education

-

Expenditure on uniforms

-

 

 

INFORMATION BY GEOGRAPHIC MARKETS

 

Geographic markets

Rubrics

Internal

EU

Extra-EU

Total

 

Sales

-

-

2.219.926,19

2.219.926,19

Services provided

2.918,22

-

-

2.918,22

Purchases

-

-

1.909.107,38

1.909.107,38

Supplies and external services

64.255,97

-

-

64.255,97

Acquisition of fixed tangible assets

1.352,85

-

-

1.352,85

Acquisition of investment properties

-

-

-

0,00

Acquisition of intangible assets

-

-

-

0,00

Supplementary income:

0,00

0,00

0,00

0,00

Social services

-

-

-

0,00

Equipment rental

-

-

-

0,00

Studies, projects and technological assistance

-

-

-

0,00

Royalities

-

-

-

0,00

Others

-

-

-

0,00

Memorandum: Sales and services provided (undiscounted values)

2.222.844,41

-

-

2.222.844,41

Memorandum: Purchases and supplies and external services (undiscounted values)

1.973.363,35

-

-

1.973.363,35

 

 

RECEIVABLE AND PAYABLE ACCOUNTS

 

Rubrics

2013

2012

PERIODS

 

Customers

 

Trade accounts receivable

180.446,73

344.342,12

(47,60)%

Trade notes receivable

-

-

-

Advances received from customers

-

-

-

Suppliers

Trade accounts payable

38.325,50

30.110,76

27,28%

Trade notes payable

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advances to suppliers

-

-

-

Staff

Payable remunerations

-

-

-

Advanced payments

-

-

-

Bonds

-

-

-

Other operations

-

-

-

State and other public sector institutions

Income Tax

4.126,58

(325,33)

1.368,43%

Deductible IVA (debt cumulative amounts)

-

2.533,68

-

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

41.087,75

46.578,89

(11,79)%

Other receivable and payable accounts

Investment providers - general accounts

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advanced payments to investment providers

-

-

-

additional income - Debtors

-

-

-

additional expenses - Creditors

-

5.422,39

-

Deferred tax assets

-

-

-

Deferred tax liabilities

-

-

-

Unreleased subscriptions - Creditors

-

-

-

Advances received on account of sales

-

-

-

Other debtors and creditors

Other debtors

-

-

-

Other creditors

13.626,74

19.831,81

(31,29)%

 

 

EXPENSE ACCOUNTS

 

Rubrics

2013

2012

PERIODS

 

Supplies and external services

64.255,97

44.675,75

43,83%

Subcontracts

-

52,52

-

Specialized services

18.947,55

9.792,24

93,50%

Specialized works

14.410,68

1.714,19

740,67%

Of which: Payments to workers placed through agencies

-

-

-

Advertising and promotion

-

-

-

Surveillance and security

465,12

456,00

2,00%

Fees

3.049,13

2.800,00

8,90%

Comissions

-

3.821,64

-

Maintenance and repairs

1.022,62

1.000,41

2,22%

Others

-

-

-

Materials

1.536,34

1.403,20

9,49%

Fast wear tools and utensils

1.287,99

948,56

35,78%

Books and technical documentation

-

-

-

Office material

178,58

433,21

(58,78)%

Gift items

69,77

21,43

225,57%

Others

-

-

-

Energy and fluids

3.561,68

1.782,98

99,76%

Electricity

539,66

474,23

13,80%

Fuels

2.317,51

649,52

256,80%

Water

369,41

386,23

(4,35)%

Others

335,10

273,00

22,75%

Travel, lodging and transportation

13.636,35

11.901,33

14,58%

Travel and lodging

13.636,35

7.017,88

94,31%

Transport of personnel

-

-

-

Transport of goods

-

4.883,45

-

Others

-

-

-

Different services

26.574,05

19.743,48

34,60%

Rents and leases

15.078,74

9.718,14

55,16%

Of which: Rents from land

-

-

-

Communication

6.147,18

5.654,42

8,71%

Insurance

4.709,28

3.751,42

25,53%

Royalties

-

-

-

Litigation and Notaries

392,57

606,00

(35,22)%

Representation expenses

165,50

-

-

Cleaning, hygiene and comfort

-

-

-

Other services

80,78

13,50

498,37%

 

 

Deliberation of Approval of Accounts

 

Were the financial year's accounts approved?

YES

Data da Aprovação: 14-03-2014

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

57.276,11

22.543,46

Allocated results / Available profits

-

-

Percentages or bonuses to managing bodies

-

-

Ditto to staff

-

-

Reserves

0,00

240,93

Coverage of losses

-

-

7. Others

0,00

0,00

BALANCE (1-2-3-4-5-6-7)

57.276,11

22.302,53

 

 

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?

NO

Has the inspection body issued an assessment?

Information Available

The inspection body pronounced:

Information Available

LEGAL CERTIFICATION OF ACCOUNTS (CLC)

Is the entity required to have certified accounts by a Statutory Auditor/Statutory Audit Firm?

NO

Identificação do ROC:

Was the Legal certification of accounts issued?

Information Available

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.76

UK Pound

1

Rs.97.80

Euro

1

Rs.69.91

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ANK

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

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

 

Unlimited

71-85

Aa

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

 

Large

56-70

A

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

 

Fairly Large

41-55

Ba

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

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

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

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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

 

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

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

 

 

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

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