MIRA INFORM REPORT

 

 

Report No. :

349031

Report Date :

06.11.2015

 

IDENTIFICATION DETAILS

 

Name :

B2BAG PORTUGAL LDA

 

 

Registered Office :

Rua Heróis Do Ultramar, nº 7, 1º, 2630-243-Arruda Dos Vinhos, Lisboa

 

 

Country :

Portugal

 

 

Financials (as on) :

2014

 

 

Date of Incorporation :

18-10-2013

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Provision of Logistics and asphalt bitumen packaging and other oil services. Imports of goods products and equipment required will pursue its activity.

 

 

No. of Employees :

1

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Clear

 

 

NOTES:

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

 

 

ECGC Country Risk Classification List – 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

 

 

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 with sustained fiscal discipline, could make Portugal more attractive to foreign direct investment. The government reduced the budget deficit from 11.2% of GDP in 2010 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 EU fiscal obligations, under the excessive deficit procedure. 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. EU-IMF financing expired in May 2014.

 

Source : CIA

 

Company Identification

 

Name                           B2BAG PORTUGAL LDA

V.A.T.

Number /

NIF                               510820646

Address                       Rua Heróis do Ultramar, nº 7, 1º

Postal Code                 2630-243-ARRUDA DOS VINHOS

Municipality                 ARRUDA DOS VINHOS

District                         LISBOA

Country                        Portugal

Telephone                    213878899

CAE Main                     82922- Other areas of packaging

 

 

FINANCIAL HIGHLIGHTS

 

 

2014

Net Sales

32.000,00

Net Income For the Year

(6.262,51)

Shareholders Funds

3.737,49

Stocks

 

Liability

6.263,48

Assets

10.000,97

 

 

BUSINESS CONCEPT

 

Consulted sources say that the subject has been respecting its payments and commercial commitments, where is no inconvenience in credit connections.

 

 

SUMMARY

 

Legal Form

Private Limited Company

Constitution

18-10-2013

V.A.T. Number / NIF

510820646

Employees

1

Capital

1.464,00

Sales in : 31-12-2014

32.000,00

Shareholders Funds in: 31-12-2014

3.737,49

Payments

Good

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

 

LUIS MARTINHO PITORRO SOARES

Managing-Partner

GRÁFICOS DE ANÁLISE SECTORIAL

 

 

 

LEGAL STRUCTURE

 

Registed on the Register Record Office of Arruda dos Vinhos with the Register Number 510820646 in 04-09-2015

Constitution celebrated in 18-10-2013 published on Portal MJ of 25-10-2013

To oblige the company it is necessary 1 signatures

 

Changes to society

 

In 04-09-2015 on Portal MJ of 07-09-2015 head office change

In 19-03-2015 on Portal MJ of 25-03-2015 reduction of capital

to 1.464,00 €

 

 

CAPITAL

 

The Capital is 1.464,00

 

With the following distribution

 

G LOG 2-GESTAO LOGISTICA LDA

1.434,72

98%

LUIS MARTINHO PITORRO SOARES

29,28

2%

 

 

BIOGRAPHIES

 

Name

LUIS MARTINHO PITORRO SOARES

Funtion

Managing-Partner

Address

RUA ENGENHEIRO FREDERICO ULRICH, Nº 33, BLOCO B, 1º ESQ

Locality

2795-113 LINDA A VELHA

Civil State

Married

Consort

TELMA MARIA CANTEIRO VIEIRA VIEGAS

Professional

Connections

The subject has connections with the following company (ies)

 

 

G LOG 2-GESTAO LOGISTICA LDA as Managing-Partner with a participation of 900,00 , in a capital of 1.800,00 .

G LOG-GESTAO LOGISTICA LDA as Partner with a participation of 11.500,00 , in a capital of

50.000,00 .

EUGAMA-SOCIEDADE DE REPRESENTACOES LDA as Partner with a participation of 6.234,97 , in a capital of 12.469,94 .

LUISETELMA-GESTAO , INVESTIMENTOS E CONSULTORIA LDA as Managing-Partner with a

participation of 4.987,98 , in a capital of 9.975,96 .

ECOUP LDA as Managing-Partner with a participation of 7.500,00 , in a capital of 15.000,00 .

 

 

SHAREHOLDERS/ PARTNERS COMPANIES

 

NAME               G LOG 2-GESTAO LOGISTICA LDA

Funtion            Partner

Address           Rua de Campo de Ourique, nº 143 A

Locality            1350-053 LISBOA

C.A.E.              46900- Non-specialized wholesale trade

 

 

ACTIVITIES

 

Main CAE

82922- Other areas of packaging

 

 

Business Description

Provision of logistics and asphalt bitumen packaging and other oil services. Imports of goods products and equipment required will pursue its activity

 

Geographic Distribution of Sales

 

 

Internal Market

 

 

International Market

 

 

 

Year

 

 

 

EU

 

Extra-EU

Total

2014

32.000,00

100,00%

0,00

0,00%

0,00

0,00%

32.000,00

 

 

 

 

 

Geographic Distribution of Purchases

 

 

 

 

Internal Market

 

 

International Market

 

 

 

Year

 

 

 

EU

Extra-EU

 

Total

2014

-

-

-

-

-

-

0,00

 

 

 

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

1

1

100%

0

0%

 

 

 

HEAD OFFICE AND INSTALLATIONS

 

Had head office Rua de Campo de Ourique, nº 143 A, 1350-053, LISBOA

Head office Rua Heróis do Ultramar, nº 7, 1º , 2630-243, ARRUDA DOS VINHOS

 

 

FINANCIAL DEMONSTRATION SNC

 

Balance Sheet SNC

 

CoinEUROS

Year:2014

 

 

 

 

 

 

2014

-

-

% Var. 2014/13

ASSET

 

 

 

 

Non-current assets

 

 

 

 

Tangible fixed assets

-

-

-

-

Investment properties

-

-

-

-

Goodwill

-

-

-

-

Intangible assets

-

-

-

-

Biological assets

-

-

-

-

Financial participations - patrimonial equity method

-

-

-

-

Financial participations - other methods

-

-

-

-

Shareholders/partners

-

-

-

-

Other financial assets

-

-

-

-

Deferred tax assets

-

-

-

-

Financial investments(exclusive use by small

entities and micro entities)

-

-

-

-

Total

-

-

-

-

 

 

 

 

 

Current assets

 

 

 

 

Inventories

-

-

-

-

Biological assets

-

-

-

-

Costumers

-

-

-

-

Advances to suppliers

-

-

-

-

State and other public entities

-

-

-

-

Shareholders/partners

-

-

-

-

Other accounts receivable

-

-

-

-

Deferrals

-

-

-

-

Financial assets held for trading

-

-

-

-

Other financial assets

-

-

-

-

Non-current assets held for sale

-

-

-

-

Other current assets

-

-

-

-

Cashier and bank deposits

10.000,97

-

-

-

Total

10.000,97

 

 

 

TOTAL ASSET

10.000,97

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SHAREHOLDERS FUNDS AND LIABILITIES

 

 

 

 

SHAREHOLDERS FUNDS

 

 

 

 

Capital

10.000,00

-

-

-

Own shares

-

-

-

-

Other shareholders funds instruments

-

-

-

-

Emission premiuns

-

-

-

-

Legal reserves

-

-

-

-

Other reserves

-

-

-

-

Net retained

-

-

-

-

Adjustments on financial assets

-

-

-

-

Revaluation surplus

-

-

-

-

Other shareholders funds changes

-

-

-

-

Total

10.000,00

 

 

 

Net income for the period

(6.262,51)

-

-

-

Antecipated dividends

-

-

-

-

TOTAL OF SHAREHOLDERS FUNDS

3.737,49

 

 

 

LIABILITY

 

 

 

 

Non-current liiabilities

 

 

 

 

Provisions

-

-

-

-

Financing obtained

-

-

-

-

Responsability for post-employment beneficts

-

-

-

-

Diferred taxes liabilities

-

-

-

-

Other payable accounts

-

-

-

-

Total

 

 

 

 

Current liabilities

 

 

 

 

Suppliers

-

-

-

-

Advances from costumers

-

-

-

-

State and other public entities

4.655,23

-

-

-

Shareholders/partners

-

-

-

-

Financing obtained

-

-

-

-

Other payable accounts

106,40

-

-

-

Deferrals

-

-

-

-

Financial liabilities held for trading

-

-

-

-

Other financial liabilities

-

-

-

-

Non-current liabilities held for sale

-

-

-

-

Other current liabilities

1.501,85

-

-

-

Total

6.263,48

 

 

 

TOTAL LIABILITIES

6.263,48

 

 

 

TOTAL SHAREHOLDERS FUNDS AND LIABILITIES

10.000,97

 

 

 

 

 

INCOME STATEMENT

 

INCOME AND EXPENSES

 

 

 

 

Sales and services

32.000,00

-

-

-

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

-

-

-

-

Suppliers and external services

3.156,49

-

-

-

Personnel costs

35.030,29

-

-

-

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

-

-

-

-

Other expenses and losses

75,73

-

-

-

Result before depreciation, financing costs and taxes

(6.262,51)

 

 

 

Expenses/reversals of depreciation and amortization

-

-

-

-

Impairment of investments depreciable/amortizable (losses/reversals)

-

-

-

-

Operating result (before financing costs and taxes)

(6.262,51)

 

 

 

Interest and similar income obtained

-

-

-

-

interest and similar expenses incurred

-

-

-

-

Net before taxes

(6.262,51)

 

 

 

Income tax of the period

-

-

-

-

Net profit for the period

(6.262,51)

 

 

 

Results of discontinued operations (net of taxes) included in the net income of the period

-

-

-

-

 

 

 

 

 

RATIOS SNC

 

 

Closing Date

2014

 

 

 

TURNOVER RATIOS

 

 

 

 

Shareholder's Funds Profitability

(1,676)

 

 

 

Assets Profitability

(0,626)

 

 

 

Sales Net Profitability

(0,196)

 

 

 

EFFICIENCY RATIOS

 

 

 

 

Asset Rotation

3,2

 

 

 

PRODUCTIVITY RATIOS

Productivity

0,913

 

 

 

SHORT TERM RATIOS

General Liquidity

1,597

 

 

 

Reduced Liquidity

1,597

 

 

 

Immediate Liquidity

1,597

 

 

 

MEDIUM LONG TERM RATIOS

Financial Autonomy

0,374

 

 

 

Solvability

0,597

 

 

 

Borrowed Capital Structure

1

 

 

 

Debt Structure

1

 

 

 

Operational and Financial Risk

Operational Leverage Level

(5,11)

 

 

 

Financial Leverage Level

1

 

 

 

Combined Leverage Level

(5,11)

 

 

 

 

 

CASH FLOW STATEMENT

 

CASH FLOW STATEMENT

 

 

 

Rubrics

2014

2013

PERIODS

CASH FLOWS FROM OPERATIONAL ACTIVITIES

 

 

 

Customers receipts

0.00

 

 

Payments to suppliers

0.00

 

 

Payments to employees

0.00

 

 

Cash at bank generated from operations

0,00

 

 

Payment/receipt of income tax

0.00

 

 

Other receipts/payments

0.00

 

 

Cash Flows from Operational Activities (A)

0,00

 

 

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Payments regarding:

 

 

 

Fixed tangible assets

0.00

 

 

Intangible assets

0.00

 

 

Financial investments

0.00

 

 

Other assets

0.00

 

 

Receipts from:

 

 

 

Fixed tangible assets

0.00

 

 

Intangible assets

0.00

 

 

Financial investments

0.00

 

 

Other assets

0.00

 

 

 

 

 

 

Investment subsidies

0.00

 

 

Interest and similar income

0.00

 

 

Dividends

0.00

 

 

Cash Flows' Investments Activities (B)

0,00

 

 

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Receipts from:

 

 

 

Obtained financing

0.00

 

 

Paying-up of capital and other equity instruments

0.00

 

 

Coverage of losses

0.00

 

 

Donations

0.00

 

 

Other financing operations

0.00

 

 

Payments regarding:

 

 

 

Obtained financing

0.00

 

 

Interests and similar expenses

0.00

 

 

Dividends

0.00

 

 

Capital's redution and other equity instruments

0.00

 

 

Other financing operations

0.00

 

 

Cash Flows' Financing Activities ©

0,00

 

 

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

0,00

 

 

Effect of exchange differences

0.00

 

 

Cash at bank and its equivalents at the start of period

0.00

 

 

Cash at bank and its equivalents at the end of period

0.00

 

 

 

 

CASH FLOWS

 

 

Movimentos do Periodo de 2014

Rubrics

Initial balance

Debits

Credits

Final balance

PERIOD'S CARRYING AMOUNT AND

 

 

 

 

MOVEMENTS

 

 

 

 

Cash in hand

-

2.564,31

2.524,31

40,00

Order deposits

-

49.924,31

39.963,34

9.960,97

Other bank deposits

-

-

-

0,00

Total cash at bank and bank deposits

0,00

52.488,62

42.487,65

10.000,97

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 2014

 

 

Impairment losses

 

 

Impairment losses reversals

 

 

 

On revalued

 

 

 

 

 

Recognized

 

 

Recognized

 

 

 

 

assets

 

 

Recognized

 

Rubrics

in profit and

 

Total

in profit and

 

Total

 

 

recognized

 

 

in Equity

 

 

loss

 

 

loss

 

 

 

 

in equity

 

 

 

 

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

 

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

Rubrics

 

 

 

 

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

-

-

-

-

Value of repayments in the period:

-

0,00

-

0,00

Grants related to assets/investment

-

-

-

-

Grants related to income / operating

-

-

-

-

TOTAL

-

0,00

-

0,00

 

 

 

 

 

 

 

IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST

 

 

Movimentos do Periodo de 2014

Rubrics

Impairment losses  

Impairment losses

Total

 

 

reversals

 

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

 

 

Average number of

Average number of

Rubrics

 

 

 

employees

hours worked

Company employees, paid and unpaid

1

1.920

Paid company employees

1

1.920

Company UNPAID employees

0

0

Company employees, by type of working hours

 

 

Full time company employees

1

1.920

Of which: Full time company employees

1

1.920

Part time company employees

-

-

Of which: Part time company employees

 

 

Company employees, by gender:

 

 

Men

1

1.920

Women

-

-

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

35.030,29

Governance Bodies Remuneration

28.145,00

Of which: Profit-sharing

-

Employees remuneration

-

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

6.684,47

Insurance for accidents at work and professional diseases

200,82

Social security expenses

-

Other staff costs

-

Of which:

 

Expenditure on education

-

Expenditure on uniforms

-

 

 

INFORMATION BY GEOGRAPHIC MARKETS

 

 

 

Geographic markets

 

 

Rubrics

Internal

EU

Extra-EU

Total

Sales

-

-

-

0,00

Services provided

32.000,00

-

-

32.000,00

Purchases

-

-

-

0,00

Supplies and external services

3.156,49

-

-

3.156,49

Acquisition of fixed tangible assets

-

-

-

0,00

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)

 

 

 

 

Memorandum: Purchases and supplies and

external services (undiscounted values)

-

-

-

0,00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RECEIVABLE AND PAYABLE ACCOUNTS

 

Rubrics

2014

201

3

Periods

Customers

 

 

 

Trade accounts receivable

-

 

 

Trade notes receivable

-

 

 

Advances received from customers

-

 

 

Suppliers

 

 

 

Trade accounts payable

-

 

 

Trade notes payable

-

 

 

Trade accounts payable - unchecked invoices

-

 

 

Advances to suppliers

-

 

 

Staff

 

 

 

Payable remunerations

1.501,85

 

 

Advanced payments

-

 

 

Bonds

-

 

 

Other operations

-

 

 

State and other public sector institutions

 

 

 

Income Tax

-

 

 

Deductible IVA (debt cumulative amounts)

-

 

 

Paid IVA (credit cumulative amounts)

-

 

 

Shareholders / partners

 

 

 

Shareholders with subscription

-

 

 

Unreleased quotas

-

 

 

Advances for profits

-

 

 

Allocated results

 

 

 

From the perspective of the entity distributing profits

-

 

 

From the perspective of the entity with allocated profits

-

 

 

Available profits

 

 

 

From the perspective of the entity distributing profits

-

 

 

From the perspective of the entity with allocated profits

-

 

 

Granted loans - parent company

-

 

 

Granted loans - subsidiary companies, associated

 

 

 

 

-

 

 

companies and joint ventures

 

 

 

Granted loans - other shareholders/partners

-

 

 

Of which: Participating companies

-

 

 

Other operations

 

 

 

Debit status

-

 

 

Credit status

-

 

 

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

-

 

 

Deferred tax assets

-

 

 

Deferred tax liabilities

-

 

 

Unreleased subscriptions - Creditors

-

 

 

Advances received on account of sales

-

 

 

Other debtors and creditors

 

 

 

Other debtors

-

 

 

Other creditors

106,40

 

 

 

EXPENSE ACCOUNTS

 

 

 

Rubrics

2014

2013

PERIODS

Supplies and external services

3.156,49

 

 

Subcontracts

-

 

 

Specialized services

2.377,59

 

 

Specialized works

-

 

 

Of which: Payments to workers placed through

 

 

 

 

-

 

 

agencies

 

 

 

Advertising and promotion

-

 

 

Surveillance and security

-

 

 

Fees

2.342,19

 

 

Comissions

-

 

 

Maintenance and repairs

-

 

 

Others

35,40

 

 

Materials

92,42

 

 

Fast wear tools and utensils

26,09

 

 

Books and technical documentation

-

 

 

Office material

66,33

 

 

Gift items

-

 

 

Others

-

 

 

Energy and fluids

-

 

 

Electricity

-

 

 

Fuels

-

 

 

Water

-

 

 

Others

-

 

 

Travel, lodging and transportation

-

 

 

Travel and lodging

-

 

 

Transport of personnel

-

 

 

Transport of goods

-

 

 

Others

-

 

 

Different services

686,48

 

 

Rents and leases

-

 

 

Of which: Rents from land

-

 

 

Communication

-

 

 

Insurance

-

 

 

Royalties

-

 

 

Litigation and Notaries

672,50

 

 

Representation expenses

-

 

 

Cleaning, hygiene and comfort

13,98

 

 

Other services

-

 

 

 

 

DELIBERATION OF APPROVAL OF ACCOUNTS

 

Were the financial year's accounts approved?

YES

 

Data da Aprovação: 31-03-2015 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

(6.262,51)

 

Allocated results / Available profits

0,00

 

Percentages or bonuses to managing bodies

-

 

Ditto to staff

-

 

Reserves

-

 

Coverage of losses

-

 

7. Others

-

 

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

(6.262,51)

 

 

 

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.65.68

UK Pound

1

Rs.101.02

Euro

1

Rs.71.35

 

INFORMATION DETAILS

 

Analysis Done by :

KIN

 

 

Report Prepared by :

NIT

 

               

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.