MIRA INFORM REPORT

 

 

Report No. :

347591

Report Date :

02.11.2015

 

IDENTIFICATION DETAILS

 

Name :

A.TAVARES & MARTINS LDA

 

 

Registered Office :

3700-176-Sao Joao Da Madeira, Sao Joao Da Madeira, Aveiro

 

 

Country :

Portugal

 

 

Financials (as on) :

2014

 

 

Date of Incorporation :

23.12.1987

 

 

Com. Reg. No.:

501935533

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

  • Wholesale trade of skins and hides
  • Wholesale fur and leather for shoe manufacturing

 

 

No. of Employee :

10

 

 

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Portugal

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

IDENTIFICATION

 

Name

A.TAVARES & MARTINS LDA

V.A.T.

 

Number /

501935533

NIF

 

Address

Rua da Madeira, n° 62

Postal Code

3700-176-SAO JOAO DA MADEIRA

Municipality

SAO JOAO DA MADEIRA

District

AVEIRO

Country

Portugal

Telephone

256835200

Fax

256835202

E-Mail

a.t.martins@mail.telepac.pt

CAE Main

46240- Wholesale trade of skins and hides

 

 

FINANCIAL HIGHLIGHTS

 

 

2012

 

2013

2014

Net Sales

7.164.513,25

t

7.390.666,23

7.931.348,19

Net Income For the Year

714.652,73

t

773.875,89

718.615,90

Shareholders Funds

2.657.519,18

 

3.122.917,36

3.642.485,05

Stocks

3.046.390,79

t

3.991.020,40

-f 4.027.709,51

LIABILITY

3.580.786,01

 

3.240.131,11

J- 3.109.165,55

ASSETS

6.238.305,19

t

6.363.048,47

-f 6.751.650,60

 

 

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

23-12-1987

V.A.T. Number / NIF

501935533

Employees

10

Capital

500.000,00

Sales in : 31-12-2014

7.931.348,19

Actual Condition

In activity

INCIDENTS

Insolvencies / Revitalization Processes

NO

Tax Situation

On this date the subject is Not registered in the debtors list of the tax authorities

Contributive Situation (Social Security)

Information currently unavailable at the source.

 

 

MANAGEMENT BODIES

 

MANUEL LUIS DA SILVA MARTINS

Managing-Partner

SUSANA MARIA GONCALVES TAVARES MARTINS

Managing-Partner

GRAFICOS DE ANALISE SECTORIAL

 

 

LEGAL STRUCTURE

 

Registed on the Register Record Office of Sao Joao da Madeira with the Register Number 501935533 previous number 810 in 19-02-1988 Constitution celebrated in 23-12-1987 published on Diario da Republica number 21 of 26-01-1988 To oblige the company it is necessary 1 signatures

 

Changes to Society

In 26-07-2012 on Portal MJ of 26-07-2012 increase of capital Clique para ver detalhes to 500.000 €

In 20-10-2005 on Diario da Republica number 55 of 17-03-2006 head office change In 03-07-1998 on Diario da Republica number 190 of 19-08-1998 manager change

 

 

CAPITAL

 

The Capital is 500.000,00

 

with the following distribution

 

MANUEL LUIS DA SILVA MARTINS 250.000,00

 

 

50%

SUSANA MARIA GONCALVES TAVARES MARTINS 250.000,00

 

 

50%

 

 

BIOGRAPHIES

 

Name

MANUEL LUIS DA SILVA MARTINS

Funtion

Managing-Partner

Address

Avenida Joao Pinto Bessa, 550, Cucujaes

Locality

3720-763 VILA DE CUCUJAES

Naturality

Cucujaes

Civil State

Married

Consort

Susana Maria Goncalves Tavares Martins

Professional Connections

The subject has connections with the following company (ies)

 

ALBIAES-IMOBILIARIA SA as Board of Director's President .

Name

SUSANA MARIA GONCALVES TAVARES MARTINS

Funtion

Managing-Partner

Address

Avenida Joao Pinto Bessa, 550, Cucujaes

Locality

3720-763 VILA DE CUCUJAES

Civil State

Married

Consort

Manuel Luis da Silva Martins

Professional Connections

The subject has connections with the following company (ies)

ALBIAES-IMOBILIARIA SA as Administrator .

 

 

ACTIVITIES

 

Main CAE

46240- Wholesale trade of skins and hides

 

 

 

 

Business Description

 

Wholesale fur and leather for shoe manufacturing

 

Geographic Distribution of Sales                                                                                      

 

 

 

Internal Market

International Market

 

Year

 

 

 

EU

Extra-EU

 

Total

2014

7.613.113,90

95,99%

318.234,29

4,01%

0,00

0,00%

7.931.348,19

2013

7.102.324,97

96,10%

263.399,32

3,56%

24.941,94

0,34%

7.390.666,23

2012

6.781.667,67

94,66%

382.555,70

5,34%

289,88

0,00%

7.164.513,25

2011

5.965.508,72

97,46%

155.604,66

2,54%

0,00

0,00%

6.121.113,38

2010

6.531.332,61

99,64%

23.915,94

0,36%

0,00

0,00%

6.555.248,55

 

 

Geographic Distribution of Purchases

 

           Internal Market                          International Market

Year

 

 

 

EU

 

Extra-EU

Total

2014

1.029.324,33

16,22%

2.593.556,18

40,87%

2.723.008,30

42,91%

6.345.888,81

2013

715.190,13

10,57%

3.835.289,91

56,71%

2.212.945,56

32,72%

6.763.425,60

2012

468.840,77

7,88%

3.294.904,85

55,41%

2.182.765,06

36,71%

5.946.510,68

2011

998.196,87

18,12%

2.573.597,58

46,73%

1.936.054,08

35,15%

5.507.848,53

2010

570.571,95

8,90%

3.836.360,07

59,85%

2.003.017,77

31,25%

6.409.949,79

 

 

BANKS AND FINANCIAL INSTITUTIONS

 

NOVO BANCO, SA        Centro de Empresas - Porto Sul

 

INCIDENTS

 

Insolvencies / Revitalization Processes

NO

 

Tax Situation

On this date the subject is Not registered in the debtors list of the tax authorities

 

Contributive Situation (Social Security)

Information currently unavailable at the source.

 

There are no of incidents on our database

 

 

EMPLOYEES

 

Year

Total

 

Men

Women

2014

10

7

70%

3 30%

2013

9

6

67%

3 33%

2012

10

7

70%

3 30%

2011

9

6

67%

3 33%

2010

9

6

67%

3 33%

 

 

HEAD OFFICE AND INSTALLATIONS

 

Has head office Rua da Madeira, n° 62, 3700-176, SAO JOAO DA MADEIRA

 

 

FINANCIAL DEMONSTRATION SNC

 

Balance Sheet SNC

CoinEUROS Year:2014

 

 

2014

2013

2012   

% Var.2014/13

 

ASSET

 

 

 

 

 

Tangible fixed assets

104.263,04

114.780,73

91.980,65

(9,16)%

Investment properties

-

-

-

-

Goodwill

-

-

-

-

Intangible assets

-

-

-

-

Biological assets

-

-

-

-

Financial participations - patrimonial equity method

-

-

-

-

Financial participations - other methods

-

-

-

-

Shareholders/partners

-

-

-

-

Other financial assets

75,18

-

-

-

Deferred tax assets

2.252,33

3.159,66

6.374,72

(28,72)%

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

-

-

-

-

Total

106.590,55

117.940,39

98.355,37

(9,62)%

Current assets

 

 

 

 

Inventories

4.027.709,51

3.991.020,40

3.046.390,79

0,92%

Biological assets

-

-

-

-

Costumers

2.537.518,34

2.136.444,72

2.942.648,73

18,77%

Advances to suppliers

2.000,00

-

-

-

State and other public entities

7.993,79

-

-

-

Shareholders/partners

-

703,56

703,56

-

Other accounts receivable

48.284,02

34.916,26

38.268,30

38,29%

Deferrals

2.478,80

1.925,32

4.840,39

28,75%

Financial assets held for trading

-

10.000,00

10.000,00

-

Other financial assets

15.000,00

-

-

-

Non-current assets held for sale

-

-

-

-

Other current assets

-

-

-

-

Cashier and bank deposits

4.075,59

70.097,82

97.098,05

(94,19)%

Total

6.645.060,05

6.245.108,08

6.139.949,82

6,40%

TOTAL ASSET

6.751.650,60

6.363.048,47

6.238.305,19

6,11%

SHAREHOLDERS FUNDS AND LIABILITIES

 

 

 

 

SHAREHOLDERS FUNDS

 

 

 

 

Capital

500.000,00

500.000,00

500.000,00

-

Own shares

-

-

-

-

Other shareholders funds instruments

-

-

-

-

Emission premiuns

-

-

-

-

Legal reserves

164.912,93

126.219,14

90.486,50

30,66%

Other reserves

2.626.482,14

2.031.300,04

1.352.379,95

29,30%

Net retained

(367.525,92)

(308.477,71)

-

19,14%

Adjustments on financial assets

-

-

-

-

Revaluation surplus

-

-

-

-

Other shareholders funds changes

-

-

-

-

Total

2.923.869,15

2.349.041,47

1.942.866,45

24,47%

Net income for the period

718.615,90

773.875,89

714.652,73

(7,14)%

Antecipated dividends

-

-

-

-

TOTAL OF SHAREHOLDERS FUNDS

3.642.485,05

3.122.917,36

2.657.519,18

16,64%

LIABILITY

 

 

 

 

Non-current inabilities

 

 

 

 

Provisions

-

308.477,71

-

-

Financing obtained

500.000,00

-

222.222,00

-

Responsability for post-employment beneficts

-

-

-

-

Diferred taxes liabilities

-

-

-

-

Other payable accounts

-

-

-

-

Total

500.000,00

308.477,71

222.222,00

62,09%

Current liabilities

 

 

 

 

Suppliers

1.179.512,04

1.310.145,63

1.535.227,73

(9,97)%

Advances from costumers

7.849,43

175,78

165,26

4.365,49%

State and other public entities

77.246,24

170.745,97

311.347,50

(54,76)%

Shareholders/partners

21,82

30.757,00

31.010,97

(99,93)%

Financing obtained

1.283.767,72

1.365.568,65

1.432.978,75

(5,99)%

Other payable accounts

60.768,30

54.260,37

47.833,80

11,99%

Deferrals

-

-

-

-

Financial liabilities held for trading

-

-

-

-

Other financial liabilities

-

-

-

-

Non-current liabilities held for sale

-

-

-

-

Other current liabilities

-

-

-

-

Total

2.609.165,55

2.931.653,40

3.358.564,01

(11,00)%

TOTAL LIABILITIES

3.109.165,55

3.240.131,11

3.580.786,01

(4,04)%

TOTAL SHAREHOLDERS FUNDS AND LIABILITIES

6.751.650,60

6.363.048,47

6.238.305,19

6,11%

INCOME STATEMENT

 

 

 

 

INCOME AND EXPENSES

 

 

 

 

Sales and services

7.931.348,19

7.390.666,23

7.164.513,25

7,32%

Operating government grants

3.378,33

-

2.254,42

-

Gains/losses allocated subsidiaries, associates and joint ventures

-

-

-

-

Variation in production inventories

-

-

-

-

Work for the entity itself

-

-

-

-

Cost of goods sold and materials consumed

6.301.759,70

5.818.795,99

5.697.626,09

8,30%

Suppliers and external services

271.003,00

302.894,66

265.688,43

(10,53)%

Personnel costs

227.394,92

211.937,81

190.716,73

7,29%

Impairment of inventories (losses/revearsals)

7.440,00

-

-

-

Impairment of receivables (losses/revearsals)

(40,29)

(3.878,98)

4.605,23

(98,96)%

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

40.915,20

138.190,92

102.600,01

(70,39)%

Other expenses and losses

112.996,06

43.132,50

48.029,72

161,97%

Result before depreciation, financing costs and taxes

1.055.088,33

1.155.975,17

1.062.701,48

(8,73)%

Expenses/reversals of depreciation and amortization

44.664,03

47.457,40

32.527,01

(5,89)%

Impairment of investments depreciable/amortizable

-

-

-

-

(losses/reversals)

 

 

 

 

Operating result (before financing costs and taxes)

1.010.424,30

1.108.517,77

1.030.174,47

(8,85)%

Interest and similar income obtained

-

-

-

-

interest and similar expenses incurred

37.990,38

37.099,81

46.932,53

2,40%

Net before taxes

972.433,92

1.071.417,96

983.241,94

(9,24)%

Income tax of the period

253.818,02

297.542,07

268.589,21

(14,70)%

Net profit for the period

718.615,90

773.875,89

714.652,73

(7,14)%

Results of discontinued operations (net of taxes)

included in the net icome of the period

-

-

-

-

 

 

 

 

RATIOS SNC

 

Closing Date

2014

2013

2012

TURNOVER RATIOS

Shareholder's Funds Profitability

0,197

0,248

0,269

Assets Profitability

0,15

0,174

0,165

Sales Net Profitability

0,091

0,105

0,1

EFFICIENCY RATIOS

Medium Term Receivable

116,776

105,512

149,915

Asset Rotation

1,175

1,161

1,148

PRODUCTIVITY RATIOS

Productivity

7,166

7,417

7,691

SHORT TERM RATIOS

General Liquidity

2,547

2,13

1,828

Reduced Liquidity

1,003

0,769

0,921

Immediate Liquidity

0,002

0,024

0,029

MEDIUM LONG TERM RATIOS

Financial Autonomy

0,539

0,491

0,426

Solvability

1,172

0,964

0,742

Borrowed Capital Structure

0,839

0,905

0,938

General Debt

0,49

0,437

0,623

Medium Long Term Debt

0,137

 

0,084

Debt Structure

0,839

0,905

0,938

Capital Structure

7,285

10,124

11,959

Operational and Financial Risk

Operational Leverage Level

1,613

1,418

1,424

Financial Leverage Level

1,039

1,035

1,048

Combined Leverage Level

1,676

1,468

1,492

 

 

CASH FLOW STATEMENT

 

Rubrics

2014

2013

PERIODS

CASH FLOWS FROM OPERATIONAL ACTIVITIES

 

 

 

Customers receipts

8.873.760,57

9.528.277,03

(6,87)%

Payments to suppliers

8.151.010,78

8.396.491,11

(2,92)%

Payments to employees

132.953,99

129.043,14

3,03%

Cash at bank generated from operations

589.795,80

1.002.742,78

(41,18)%

Payment/receipt of income tax

(323.870,86)

(78.776,36)

(311,13)%

Other receipts/payments

(959.431,88)

(955.837,23)

(0,38)%

Cash Flows from Operational Activities (A)

(693.506,94)

(31.870,81)

(2.075,99)%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Payments regarding:

 

 

 

Fixed tangible assets

4.840,00

1.217,89

297,41%

Intangible assets

-

-

-

Financial investments

5.000,00

-

-

Other assets

-

-

-

Receipts from:

 

 

 

Fixed tangible assets

-

12.500,00

-

Intangible assets

-

-

-

Financial investments

1.071,49

-

-

Other assets

-

-

-

Investment subsidies

-

-

-

Interest and similar income

289,84

-

-

Dividends

-

-

-

Cash Flows' Investments Activities (B)

(8.478,67)

11.282,11

(175,15)%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Receipts from:

 

 

 

Obtained financing

11.474.223,15

10.080.205,27

13,83%

Paying-up of capital and other equity instruments

-

-

-

Coverage of losses

-

-

-

Donations

-

-

-

Other financing operations

-

148.447,14

-

Payments regarding:

 

 

 

Obtained financing

10.643.963,57

10.144.352,37

4,93%

Interests and similar expenses

54.296,20

40.814,54

33,03%

Dividends

140.000,00

-

-

Capital's redution and other equity instruments

-

-

-

Other financing operations

-

55.577,04

-

Cash Flows' Financing Activities ©

635.963,38

(12.091,54)

5.359,57%

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

(66.022,23)

(32.680,24)

(102,02)%

Effect of exchange differences

-

5.680,01

-

Cash at bank and its equivalents at the start of period

70.097,82

97.098,05

(27,81)%

Cash at bank and its equivalents at the end of period

4.075,59

70.097,82

(94,19)%

 

 

CASH FLOWS

           

 

 

Movimentos do Periodo de 2014

Rubrics

Initial balance

Debits

Credits

Final balance

PERIOD'S CARRYING AMOUNT AND MOVEMENTS

 

 

 

 

Cash in hand

-

65,55

65,55

0,00

Order deposits

70.097,82

21.222.538,13

21.288.560,36

4.075,59

Other bank deposits

-

-

-

0,00

Total cash at bank and bank deposits

70.097,82

21.222.603,68

21.288.625,91

4.075,59

Of which: Bank deposits abroad

-

-

-

0,00

 

Rubrics

Value

OTHER INFORMATION

 

Receipts from:

 

Non-life insurance claims

-

Operating subsidies

3.378,33

Cash at bank and its equivalents not available for use

-

 

 

ASSETS IMPAIRMENT

 

 

 

 

 

 

 

Movimentos do Periodo de 2014

 

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

 

 

Movimentos do Periodo de 2014

 

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

Grants related to assets/investment:

-

0,00

-

0,00

 

 

Fixed tangible assets

-

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

 

 

Development projects

-

-

-

-

 

 

Computer programmes

-

-

-

-

 

 

Industrial property

-

-

-

-

 

 

Others

-

-

-

-

 

 

Other assets

-

-

-

-

 

 

Grants related to income / operating

-

-

-

3.378,33

 

 

Value of repayments in the period:

-

0,00

-

0,00

 

 

Grants related to assets/investment

-

-

-

-

 

 

Grants related to income / operating

-

-

-

-

 

 

TOTAL

-

0,00

-

3.378,33

 

 

 

 

IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST

 

 

Movimentos do Periodo de 2014

 

 

Impairment losses

 

Rubrics

Impairment losses

reversals

Total

Receivable debts from customers

8.573,50

8.613,79

(40,29)

Other receivables

-

-

0,00

Equity instruments and other securities

-

-

0,00

Others

-

-

0,00

TOTAL

8.573,50

8.613,79

(40,29)

 

 

DEBTS REGISTERED AS DOUBTFUL

 

Rubrics

Value

Regarding insolvency and company recovery procedures or enforcement procedures

-

Claimed in court

-

In arrears:

95.395,08

Over six months and up to twelve months

3.859,42

Over twelve months and up to eighteen months

5.735,18

Over eighteen months and up to twenty four months

17.643,70

Over twenty four months

68.156,78

TOTAL

95.395,08

 

 

EMPLOYEE BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS

 

Rubrics

Average number of

Average number of

 

employees

hours worked

Company employees, paid and unpaid

10

17.640

Paid company employees

10

17.640

Company UNPAID employees

0

-

Company employees, by type of working hours

 

 

Full time company employees

10

17.640

Of which: Full time company employees

10

17.640

Part time company employees

-

-

Of which: Part time company employees

-

-

Company employees, by gender:

 

 

Men

7

12.096

Women

3

5.544

Company employees, of which:

 

 

Company employees assigned to Research and Development

-

-

Service providers

-

-

People placed through temporary employment agencies

-

-

 

 

STAFF COSTS

 

 

Rubrics

Value

Staff costs

227.394,92

Governance Bodies Remuneration

51.800,00

Of which: Profit-sharing

-

Employees remuneration

105.273,60

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

35.498,92

Insurance for accidents at work and professional diseases

2.474,70

Social security expenses

-

Other staff costs

32.347,70

Of which:

 

Expenditure on education

-

Expenditure on uniforms

-

 

 

INFORMATION BY GEOGRAPHIC MARKETS

 

 

 

Geographic markets

 

 

Rubrics

Internal

EU

Extra-EU

Total

Sales

7.613.113,90

318.234,29

-

7.931.348,19

Services provided

-

-

-

0,00

Purchases

1.029.324,33

2.593.556,18

2.723.008,30

6.345.888,81

Supplies and external services

268.083,80

2.919,20

-

271.003,00

Acquisition of fixed tangible assets

34.146,34

-

-

34.146,34

Acquisition of investment properties

-

-

-

0,00

Acquisition of intangible assets

-

-

-

0,00

Supplementary income:

0,00

35,00

0,00

35,00

Social services

-

-

-

0,00

Equipment rental

-

-

-

0,00

Studies, projects and technological assistance

-

-

-

0,00

Royalities

-

-

-

0,00

Others

-

35,00

-

35,00

Memorandum: Sales and services provided (undiscounted values)

-

-

-

0,00

Memorandum: Purchases and supplies and external

-

-

-

0,00

services (undiscounted values)

 

 

 

 

 

 

RECEIVABLE AND PAYABLE ACCOUNTS

 

Rubrics

2014

2013

PERIODS

Customers

 

 

 

Trade accounts receivable

2.632.913,42

2.224.680,09

18,35%

Trade notes receivable

-

7.200,00

-

Advances received from customers

7.849,43

175,78

4.365,49%

Suppliers

 

 

 

Trade accounts payable

1.150.482,32

1.286.516,83

(10,57)%

Trade notes payable

29.029,72

23.628,80

22,86%

Trade accounts payable - unchecked invoices

-

-

-

Advances to suppliers

2.000,00

-

-

Staff

 

 

 

Payable remunerations

-

-

-

Advanced payments

-

-

-

Bonds

-

-

-

Other operations

-

-

-

State and other public sector institutions

 

 

 

Income Tax

7.993,79

(58.010,65)

113,78%

Deductible IVA (debt cumulative amounts)

-

-

-

Paid IVA (credit cumulative amounts)

-

-

-

Shareholders / partners

 

 

 

Shareholders with subscription

-

-

-

Unreleased quotas

-

-

-

Advances for profits

-

-

-

Allocated results

 

 

 

From the perspective of the entity distributing profits

-

-

-

From the perspective of the entity with allocated profits

-

-

-

Available profits

 

 

 

From the perspective of the entity distributing profits

-

-

-

From the perspective of the entity with allocated profits

-

-

-

Granted loans - parent company

-

-

-

Granted loans - subsidiary companies, associated companies

 

 

 

 

-

-

-

and joint ventures

 

 

 

Granted loans - other shareholders/partners

-

-

-

Of which: Participating companies

-

-

-

Other operations

 

 

 

Debit status

-

703,56

-

Credit status

21,82

30.757,00

(99,93)%

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

60.768,30

54.260,37

11,99%

Deferred tax assets

2.252,33

3.159,66

(28,72)%

Deferred tax liabilities

-

-

-

Unreleased subscriptions - Creditors

-

-

-

Advances received on account of sales

-

-

-

Other debtors and creditors

 

 

 

Other debtors

48.284,02

33.844,76

42,66%

Other creditors

-

-

-

 

 

EXPENSE ACCOUNTS

 

Rubrics

2014

2013

PERIODS

Supplies and external services

271.003,00

302.894,66

(10,53)%

Subcontracts

-

-

-

Specialized services

67.150,45

110.808,69

(39,40)%

Specialized works

15.411,03

26.259,97

(41,31)%

Of which: Payments to workers placed through agencies

-

-

-

Advertising and promotion

1.008,00

2.715,71

(62,88)%

Surveillance and security

15,00

90,00

(83,33)%

Fees

5.519,40

5.740,20

(3,85)%

Comissions

-

5.618,10

-

Maintenance and repairs

23.160,82

26.466,79

(12,49)%

Others

22.036,20

43.917,92

(49,82)%

Materials

13.561,05

11.539,96

17,51%

Fast wear tools and utensils

850,92

427,34

99,12%

Books and technical documentation

-

-

-

Office material

4.472,45

3.205,92

39,51%

Gift items

8.237,68

7.906,70

4,19%

Others

-

-

-

Energy and fluids

21.042,73

23.174,35

(9,20)%

Electricity

2.453,82

2.545,82

(3,61)%

Fuels

18.248,62

18.954,84

(3,73)%

Water

340,29

1.673,69

(79,67)%

Others

-

-

-

Travel, lodging and transportation

5.630,20

14.396,17

(60,89)%

Travel and lodging

-

-

-

Transport of personnel

-

-

-

Transport of goods

5.630,20

14.396,17

(60,89)%

Others

-

-

-

Different services

163.618,57

142.975,49

14,44%

Rents and leases

72.000,00

50.495,00

42,59%

Of which: Rents from land

-

-

-

Communication

5.785,82

6.806,42

(14,99)%

Insurance

50.234,02

44.794,96

12,14%

Royalties

-

-

-

Litigation and Notaries

224,00

195,40

14,64%

Representation expenses

26.545,20

32.948,14

(19,43)%

Cleaning, hygiene and comfort

2.505,63

3.081,37

(18,68)%

Other services

6.323,90

4.654,20

35,88%

 

 

DELIBERATION OF APPROVAL OF ACCOUNTS

 

Were the financial year's accounts approved?

YES

Data da Aprovagao: 27-05-2015 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

2014

2013

Retained earnings

351.089,98

465.398,18

Allocated results / Available profits

0,00

-

Percentages or bonuses to managing bodies

-

-

Ditto to staff

-

-

Reserves

351.089,98

465.398,18

Coverage of losses

-

-

7. Others

-

-

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

0,00

0,00

 

 

MANAGEMENT REPORT / ASSESSMENT OF THE INSPECTION BODY / LEGAL CERTIFICATION OF ACCOUNTS

 

MANAGEMENT REPORT

 

Were the Management Report and financial year's accounts prepared?

YES

 

Were the management report and the financial year's accounts signed by all members of the management / administration?

YES

 

ASSESSMENT OF THE INSPECTION BODY The entity has an inspection body?

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?

YES

 

Identificação do ROC: 193227606

 

Was the Legal certification of accounts issued?

YES

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.65.22

UK Pound

1

Rs.99.93

Euro

1

Rs.71.67

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ASH

 

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.