|
Report No. : |
348961 |
|
Report Date : |
09.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
DUVALLI SA |
|
|
|
|
Registered Office : |
Rua Vasco da Gama, LT 2, Zona Indústrial de Arrifana |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
24.01.2002 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Manufacture of made-up textile articles, except apparel |
|
|
|
|
No. of Employees : |
45 |
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 – 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 |
Name DUVALLI SA
IIC Number 753002
V.A.T. Number /
NIF 504638696
Address Rua Vasco da Gama,
LT 2, Zona Indústrial de Arrifana
Postal Code 3700-569-ARRIFANA
VFR
Municipality SANTA MARIA DA
FEIRA
District AVEIRO
Country Portugal
Telephone 256810130
Fax 256810139
E-Mail info@duvalli.com
Web Site www.duvalli.com
CAE Main 13920- Manufacture
of made-up textile articles, except apparel
|
|
2012 |
2013 |
2014 |
|
Net
Sales |
4.774.689,87 |
5.763.188,58 |
7.099.546,30 |
|
Net Income
For the Year |
47.915,59 |
163.576,28 |
249.976,61 |
|
Shareholders Funds |
1.677.577,70 |
2.030.122,39 |
2.509.180,79 |
|
Stocks |
1.284.136,93 |
1.361.682,42 |
1.075.237,21 |
|
LIABILITY |
4.017.254,80 |
4.430.520,35 |
5.614.105,08 |
|
ASSETS |
5.694.832,50 |
6.460.642,74 |
8.123.285,87 |
Consulted sources say that the subject has been respecting its payments and commercial commitments, so credit connections with this company are recommended
Legal Form Joint Stock Company
Constitution 24-01-2002
V.A.T. Number /
NIF 504638696
Employees 45
Capital 1.600.000,00
Sales in :
31-12-2014 7.099.546,30
Shareholders Funds
in: 31-12-2014 2.509.180,79
Credit Risk Level Reduced Credit
Risk
Payments Good
Credit
Recommendation Credit Worthy
Actual Condition In activity
|
Summary
of Claims (Last 5 Years) |
|
|
|
|
Year |
Quantity |
Total |
|
|
|
|
€ |
|
|
2011 |
1 |
1.488,07 |
|
|
|
|
|
|
|
Total |
1 |
1.488,07 |
|
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.
Board of Director's
|
VITOR MANUEL
GUIMARAES DA SILVA |
Board of
Director's Member |
|
|
|
|
JOAQUIM JULIO
MARINHEIRO DIAS |
Board of
Director's President |
|
|
|
Fiscal Board
|
JOAQUIM ALVES MARINHEIRO |
Fiscal Board Vice-President |
|
|
|
|
CARLA MANUELA SERRA GERALDES |
Fiscal Board Substitute |
|
|
|
|
ANTONIO SEQUEIRA DE ALMEIDA DEVILLE |
Fiscal Board Vice-President |
|
|
|
|
HORWATH & ASSOCIADOS, SROC LDA |
Fiscal Board Vice-President |
Registed on the Register
Record Office of Santa Maria da Feira with the Register Number 504638696
previous number 9010 in 25-05-2005
Constitution
celebrated in 24-01-2002
To oblige the company it is necessary 1 signatures
Changes to Society
In 28-01-2015 on
Portal MJ of 03-02-2015 increase of capital Clique para ver detalhes
to 1.600.000 €
In 11-11-2014 on
Portal MJ of 03-12-2014 board of director's change
In 29-10-2014 on
Portal MJ of 30-10-2014 social change
In 14-02-2014 on
Portal MJ of 17-02-2014 renewal of the governing bodies
In 20-03-2013 on
Portal MJ of 20-03-2013 denomination change Clique para ver detalhes
from MATTRESS TICKING DUVALLI - FÁBRICA DE TECIDOS S.A. to DUVALLI, S.A.
The Capital is 1.600.000,00 , divided in 320000 shares , with a nominal value of 5,00
Main CAE 13920- Manufacture
of made-up textile articles, except apparel
Business
Description
Production and marketing of fabrics for mattresses coatings
Type of Clients
Sales Conditions
Geographic Distribution of Sales
|
|
Internal Market |
|
International
Market |
|
|
||
|
Year |
|
|
|
EU |
Extra-EU |
Total |
|
|
|
|
|
|
|
|
|
|
|
2014 |
2.018.683,60 |
28,43% |
5.044.913,70 |
71,06% |
35.949,00 |
0,51% |
7.099.546,30 |
|
2013 |
1.664.524,94 |
28,88% |
4.082.013,24 |
70,83% |
16.650,40 |
0,29% |
5.763.188,58 |
|
2012 |
4.774.689,87 |
100,00% |
0,00 |
0,00% |
0,00 |
0,00% |
4.774.689,87 |
|
2011 |
1.123.405,13 |
24,27% |
3.486.383,00 |
75,31% |
19.780,00 |
0,43% |
4.629.568,13 |
|
2010 |
3.776.961,37 |
100,00% |
0,00 |
0,00% |
0,00 |
0,00% |
3.776.961,37 |
Geographic Distribution of Purchases
|
|
Internal Market |
|
International
Market |
|
|
||
|
Year |
|
|
|
EU |
Extra-EU |
Total |
|
|
|
|
|
|
|
|
|
|
|
2014 |
3.053.946,41 |
78,38% |
111.859,40 |
2,87% |
730.744,10 |
18,75% |
3.896.549,91 |
|
2013 |
2.788.988,55 |
82,57% |
175.061,01 |
5,18% |
413.744,91 |
12,25% |
3.377.794,47 |
|
2012 |
2.663.288,92 |
100,00% |
0,00 |
0,00% |
0,00 |
0,00% |
2.663.288,92 |
|
2011 |
2.784.373,63 |
92,37% |
107.941,91 |
3,58% |
122.193,31 |
4,05% |
3.014.508,85 |
|
2010 |
2.133.002,06 |
100,00% |
0,00 |
0,00% |
0,00 |
0,00% |
2.133.002,06 |
BANCO BPI, SA Centro
Empresas São João da Madeira
MILLENNIUM BCP Aveiro
Negócios
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.
Summary of Claims (Last 5 Years)
|
Year |
Quantity |
Total |
|
|
|
€ |
|
2011 |
1 |
1.488,07 |
|
|
|
|
|
Total |
1 |
1.488,07 |
LEGAL ACTIONS
|
Date |
Process |
Author |
Type |
Amount |
Judicial District |
Court |
Situation |
|
|
16-05-2011 |
74042/11.4YIPRT |
Textil Fremou, Lda |
C-Especial Cump.Obrig. Pecuniarias DL 269/98 |
1.488,07 |
Lousada - Tribunal Judicial |
|
|
|
Year |
Total |
|
Men |
Women |
||
|
2014 |
45 |
35 |
78% |
10 |
22% |
|
|
2013 |
46 |
35 |
76% |
11 |
24% |
|
|
2012 |
38 |
28 |
74% |
10 |
26% |
|
|
2011 |
32 |
23 |
72% |
9 |
28% |
|
|
2010 |
29 |
19 |
66% |
10 |
34% |
|
Head office Zona Industrial de Arrifana - Rua Vasco da Gama - Lote 2 , 3700-569, ARRIFANA VFR, Tel:256810130, Fax:256810139
Event General Description
Quality Certification The holder is certified by the standard NP EN ISO 9001:2000.
Balance Sheet SNC
|
CoinEUROS |
|
|
|
Year:2014 |
|
|
2014 |
2013 |
2012 |
% Var.2014/13 |
|
ASSET |
|
|
|
|
|
Non-current
assets |
|
|
|
|
|
Tangible fixed assets |
3.180.345,06 |
2.387.334,19 |
1.903.846,09 |
33,22% |
|
|
|
|
|
|
|
Investment properties |
- |
- |
- |
- |
|
|
|
|
|
|
|
Goodwill |
- |
- |
- |
- |
|
|
|
|
|
|
|
Intangible assets |
1.040,99 |
2.600,83 |
3.936,52 |
(59,97)% |
|
|
|
|
|
|
|
Biological assets |
- |
- |
- |
- |
|
|
|
|
|
|
|
Financial participations - patrimonial equity method |
34.019,69 |
50.600,49 |
52.046,73 |
(32,77)% |
|
|
|
|
|
|
|
Financial participations - other methods |
- |
- |
- |
- |
|
|
|
|
|
|
|
Shareholders/partners |
- |
- |
- |
- |
|
|
|
|
|
|
|
Other financial assets |
159.559,95 |
145.104,39 |
132.100,00 |
9,96% |
|
|
|
|
|
|
|
Deferred tax assets |
- |
- |
- |
- |
|
|
|
|
|
|
|
Financial investments(exclusive use by small entities and micro entities) |
- |
- |
- |
- |
|
|
|
|
|
|
|
Total |
3.374.965,69 |
2.585.639,90 |
2.091.929,34 |
30,53% |
|
|
|
|
|
|
|
Current assets |
|
|
|
|
|
Inventories |
1.075.237,21 |
1.361.682,42 |
1.284.136,93 |
(21,04)% |
|
|
|
|
|
|
|
Biological assets |
- |
- |
- |
- |
|
|
|
|
|
|
|
Costumers |
2.640.011,20 |
2.188.393,54 |
2.063.396,12 |
20,64% |
|
|
|
|
|
|
|
Advances to suppliers |
- |
- |
- |
- |
|
|
|
|
|
|
|
State and other public entities |
96.071,07 |
80.596,56 |
103.339,50 |
19,20% |
|
|
|
|
|
|
|
Shareholders/partners |
- |
- |
- |
- |
|
|
|
|
|
|
|
Other accounts receivable |
70.864,94 |
62.069,84 |
28.853,63 |
14,17% |
|
|
|
|
|
|
|
Deferrals |
25.541,26 |
14.676,64 |
12.249,08 |
74,03% |
|
|
|
|
|
|
|
Financial assets held for trading |
- |
- |
11.282,84 |
- |
|
|
|
|
|
|
|
Other financial assets |
- |
- |
- |
- |
|
|
|
|
|
|
|
Non-current assets held for sale |
- |
- |
- |
- |
|
|
|
|
|
|
|
Other current assets |
- |
- |
- |
- |
|
|
|
|
|
|
|
Cashier and bank deposits |
840.594,50 |
167.583,84 |
99.645,06 |
401,60% |
|
|
|
|
|
|
|
Total |
4.748.320,18 |
3.875.002,84 |
3.602.903,16 |
22,54% |
|
|
|
|
|
|
|
TOTAL ASSET |
8.123.285,87 |
6.460.642,74 |
5.694.832,50 |
25,73% |
|
SHAREHOLDERS
FUNDS AND LIABILITIES |
||||
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
Capital |
1.600.000,00 |
1.500.000,00 |
1.500.000,00 |
6,67% |
|
|
|
|
|
|
|
Own shares |
- |
- |
- |
- |
|
|
|
|
|
|
|
Other shareholders funds instruments |
- |
100.000,00 |
- |
- |
|
|
|
|
|
|
|
Emission premiuns |
- |
- |
- |
- |
|
|
|
|
|
|
|
Legal reserves |
19.441,83 |
11.263,02 |
8.867,24 |
72,62% |
|
|
|
|
|
|
|
Other reserves |
- |
- |
- |
- |
|
|
|
|
|
|
|
Net retained |
393.329,51 |
237.932,04 |
192.412,23 |
65,31% |
|
|
|
|
|
|
|
Adjustments on financial assets |
(143.800,12) |
(137.566,86) |
(137.566,86) |
4,53% |
|
|
|
|
|
|
|
Revaluation surplus |
281.834,03 |
- |
- |
- |
|
|
|
|
|
|
|
Other shareholders funds changes |
108.398,93 |
154.917,91 |
65.949,50 |
(30,03)% |
|
|
|
|
|
|
|
Total |
2.259.204,18 |
1.866.546,11 |
1.629.662,11 |
21,04% |
|
|
|
|
|
|
|
Net income for the period |
249.976,61 |
163.576,28 |
47.915,59 |
52,82% |
|
|
|
|
|
|
|
Antecipated dividends |
- |
- |
- |
- |
|
|
|
|
|
|
|
TOTAL OF SHAREHOLDERS FUNDS |
2.509.180,79 |
2.030.122,39 |
1.677.577,70 |
23,60% |
|
|
|
|
|
|
|
LIABILITY |
|
|
|
|
|
Non-current liiabilities |
|
|
|
|
|
Provisions |
- |
- |
- |
- |
|
|
|
|
|
|
|
Financing obtained |
2.705.436,00 |
1.623.923,10 |
949.565,21 |
66,60% |
|
|
|
|
|
|
|
Responsability for post-employment beneficts |
- |
- |
- |
- |
|
|
|
|
|
|
|
Diferred taxes liabilities |
81.822,78 |
- |
17.966,40 |
- |
|
|
|
|
|
|
|
Other payable accounts |
119.523,66 |
124.244,36 |
372.694,17 |
(3,80)% |
|
|
|
|
|
|
|
Total |
2.906.782,44 |
1.748.167,46 |
1.340.225,78 |
66,28% |
|
|
|
|
|
|
|
Current liabilities |
|
|
|
|
|
Suppliers |
1.413.768,00 |
1.489.666,40 |
1.138.911,74 |
(5,09)% |
|
|
|
|
|
|
|
Advances from costumers |
- |
- |
- |
- |
|
|
|
|
|
|
|
State and other public entities |
69.618,54 |
46.784,97 |
35.819,17 |
48,81% |
|
|
|
|
|
|
|
Shareholders/partners |
- |
- |
- |
- |
|
|
|
|
|
|
|
Financing obtained |
887.383,49 |
811.202,66 |
1.385.898,38 |
9,39% |
|
|
|
|
|
|
|
Other payable accounts |
336.552,61 |
334.698,86 |
116.399,73 |
0,55% |
|
|
|
|
|
|
|
Deferrals |
- |
- |
- |
- |
|
|
|
|
|
|
|
Financial liabilities held for trading |
- |
- |
- |
- |
|
|
|
|
|
|
|
Other financial liabilities |
- |
- |
- |
- |
|
|
|
|
|
|
|
Non-current liabilities held for sale |
- |
- |
- |
- |
|
|
|
|
|
|
|
Other current liabilities |
- |
- |
- |
- |
|
|
|
|
|
|
|
Total |
2.707.322,64 |
2.682.352,89 |
2.677.029,02 |
0,93% |
|
|
|
|
|
|
|
TOTAL LIABILITIES |
5.614.105,08 |
4.430.520,35 |
4.017.254,80 |
26,71% |
|
|
|
|
|
|
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
8.123.285,87 |
6.460.642,74 |
5.694.832,50 |
25,73% |
|
|
|
|
|
|
|
INCOME STATEMENT |
|
|
|
|
|
|
INCOME AND EXPENSES |
|
|
|
|
|
|
Sales and services |
7.099.546,30 |
5.763.188,58 |
4.774.689,87 |
23,19% |
|
|
|
|
|
|
|
|
|
Operating government grants |
32,76 |
6.292,00 |
- |
(99,48)% |
|
|
|
|
|
|
|
|
|
Gains/losses allocated subsidiaries, associates and joint |
(10.347,54) |
(1.446,08) |
28.800,22 |
615,56% |
|
|
ventures |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Variation in production inventories |
(350.828,84) |
(18.263,73) |
(4.153,75) |
1.820,90% |
|
|
|
|
|
|
|
|
|
Work for the entity itself |
- |
23.317,03 |
- |
- |
|
|
|
|
|
|
|
|
|
Cost of goods sold and materials consumed |
3.832.166,28 |
3.281.985,25 |
2.728.839,38 |
16,76% |
|
|
|
|
|
|
|
|
|
Suppliers and
external services |
1.130.253,95 |
1.005.543,60 |
883.011,29 |
12,40% |
|
|
|
|
|
|
|
|
|
Personnel costs |
750.084,13 |
754.602,74 |
578.444,96 |
(0,60)% |
|
|
|
|
|
|
|
|
|
Impairment of
inventories (losses/revearsals) |
- |
- |
- |
- |
|
|
|
|
|
|
|
|
|
Impairment of
receivables (losses/revearsals) |
70.615,31 |
219.966,28 |
101.634,89 |
(67,90)% |
|
|
|
|
|
|
|
|
|
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 |
- |
- |
1.270,76 |
- |
|
|
Other income
and gains |
200.625,13 |
327.798,85 |
316.867,41 |
(38,80)% |
|
|
Other
expenses and losses |
150.024,97 |
200.102,09 |
55.119,99 |
(25,03)% |
|
|
Result
before depreciation, financing costs and taxes |
1.005.883,17 |
638.686,69 |
770.424,00 |
57,49% |
|
|
Expenses/reversals
of depreciation and amortization |
545.467,64 |
302.720,78 |
298.874,22 |
80,19% |
|
|
Impairment
of investments depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
|
Operating result
(before financing costs and taxes) |
460.415,53 |
335.965,91 |
471.549,78 |
37,04% |
|
|
Interest
and similar income obtained |
66,19 |
1.228,95 |
507,90 |
(94,61)% |
|
|
interest
and similar expenses incurred |
172.800,72 |
155.603,22 |
418.235,61 |
11,05% |
|
|
Net before
taxes |
287.681,00 |
181.591,64 |
53.822,07 |
58,42% |
|
|
Income tax
of the period |
37.704,39 |
18.015,36 |
5.906,48 |
109,29% |
|
|
Net profit
for the period |
249.976,61 |
163.576,28 |
47.915,59 |
52,82% |
|
|
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 |
0,1 |
0,081 |
0,029 |
|
|
|
|
|
|
Assets Profitability |
0,057 |
0,052 |
0,083 |
|
|
|
|
|
|
Sales Net Profitability |
0,035 |
0,028 |
0,01 |
|
|
|
|
|
|
EFFICIENCY
RATIOS |
|
|
|
|
Medium Term Receivable |
135,727 |
138,597 |
157,735 |
|
|
|
|
|
|
Asset Rotation |
0,874 |
0,892 |
0,838 |
|
|
|
|
|
|
PRODUCTIVITY
RATIOS |
|
|
|
|
Productivity |
4,356 |
3,288 |
3,537 |
|
|
|
|
|
|
SHORT
TERM RATIOS |
|
|
|
|
General Liquidity |
1,754 |
1,445 |
1,346 |
|
|
|
|
|
|
Reduced Liquidity |
1,357 |
0,937 |
0,866 |
|
|
|
|
|
|
Immediate Liquidity |
0,31 |
0,062 |
0,037 |
|
|
|
|
|
|
MEDIUM
LONG TERM RATIOS |
|
|
|
|
Financial Autonomy |
0,309 |
0,314 |
0,295 |
|
|
|
|
|
|
Solvability |
0,447 |
0,458 |
0,418 |
|
|
|
|
|
|
Borrowed Capital Structure |
0,482 |
0,605 |
0,666 |
|
|
|
|
|
|
General Debt |
1,432 |
1,199 |
1,392 |
|
|
|
|
|
|
Medium Long Term Debt |
1,078 |
0,8 |
0,566 |
|
|
|
|
|
|
Debt Structure |
0,482 |
0,605 |
0,666 |
|
|
|
|
|
|
Capital Structure |
0,863 |
1,161 |
1,252 |
|
|
|
|
|
|
Rubrics |
2014 |
2013 |
PERIODS |
|
|
|
|
|
|
CASH
FLOWS FROM OPERATIONAL ACTIVITIES |
|
|
|
|
|
|
|
|
|
Customers
receipts |
7.643.358,31 |
5.291.125,05 |
44,46% |
|
|
|
|
|
|
Payments to
suppliers |
6.018.047,61 |
5.356.983,45 |
12,34% |
|
|
|
|
|
|
Payments
to employees |
675.180,41 |
640.156,25 |
5,47% |
|
|
|
|
|
|
Cash at bank generated from operations |
950.130,29 |
(706.014,65) |
234,58% |
|
Payment/receipt
of income tax |
(57.336,18) |
1.646,34 |
(3.582,65)% |
|
|
|
|
|
|
Other receipts/payments |
275.633,66 |
677.128,43 |
(59,29)% |
|
|
|
|
|
|
Cash Flows from Operational Activities (A) |
1.168.427,77 |
(27.239,88) |
4.389,40% |
|
CASH
FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
|
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed
tangible assets |
1.904.507,21 |
101.609,33 |
1.774,34% |
|
|
|
|
|
|
Intangible
assets |
0,00 |
0,00 |
1.774,34% |
|
|
|
|
|
|
Financial
investments |
13.010,00 |
13.000,01 |
0,08% |
|
|
|
|
|
|
Other
assets |
682.584,95 |
701,92 |
97.145,41% |
|
|
|
|
|
|
Receipts from: |
|
|
|
|
Fixed
tangible assets |
1.106.577,95 |
964,99 |
114.572,48% |
|
|
|
|
|
|
Intangible
assets |
0,00 |
0,00 |
114.572,48% |
|
|
|
|
|
|
Financial
investments |
0,00 |
0,00 |
114.572,48% |
|
|
|
|
|
|
Other
assets |
1.655,97 |
7.840,16 |
(78,88)% |
|
|
|
|
|
|
Investment
subsidies |
- |
- |
- |
|
|
|
|
|
|
Interest
and similar income |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Dividends |
0,00 |
15,00 |
(100,00)% |
|
|
|
|
|
|
Cash Flows' Investments Activities (B) |
(1.491.868,24) |
(106.491,11) |
(1.300,93)% |
|
CASH
FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
|
|
|
|
|
Receipts from: |
|
|
|
|
Obtained
financing |
2.292.687,24 |
2.947.693,29 |
(22,22)% |
|
|
|
|
|
|
Paying-up
of capital and other equity instruments |
0,00 |
0,00 |
(22,22)% |
|
|
|
|
|
|
Coverage
of losses |
0,00 |
0,00 |
(22,22)% |
|
|
|
|
|
|
Donations |
0,00 |
0,00 |
(22,22)% |
|
|
|
|
|
|
Other
financing operations |
229,94 |
114.590,07 |
(99,80)% |
|
|
|
|
|
|
Payments
regarding: |
|
|
|
|
|
|
|
|
|
Obtained
financing |
1.192.463,49 |
2.669.685,82 |
(55,33)% |
|
|
|
|
|
|
Interests
and similar expenses |
145.234,85 |
140.960,04 |
3,03% |
|
|
|
|
|
|
Dividends |
0,00 |
0,00 |
3,03% |
|
|
|
|
|
|
Capital's redution and other equity
instruments |
0,00 |
0,00 |
3,03% |
|
|
|
|
|
|
Other financing operations |
5.027,42 |
30.225,43 |
(83,37)% |
|
|
|
|
|
|
Cash Flows'
Financing Activities © |
950.191,42 |
221.412,07 |
329,15% |
|
Variation in cash at bank and its
equivalents (A+B+C) |
626.750,95 |
87.681,08 |
614,81% |
|
|
|
|
|
|
Effect of exchange differences |
46.259,71 |
(19.742,30) |
334,32% |
|
|
|
|
|
|
Cash at bank and
its equivalents at the start of period |
167.583,84 |
99.645,06 |
68,18% |
|
|
|
|
|
|
Cash at bank and its equivalents at the end of period |
840.594,50 |
167.583,84 |
401,60% |
|
CASH
FLOWS |
|
|
|
|
|
|
|
Movimentos
do Periodo de 2014 |
|
|
|
Rubrics |
Initial
balance |
Debits |
Credits |
Final
balance |
|
PERIOD'S
CARRYING AMOUNT AND MOVEMENTS |
||||
|
Cash in
hand |
955,59 |
19.198,56 |
17.740,79 |
2.413,36 |
|
Order
deposits |
166.628,25 |
17.043.762,30 |
16.372.209,41 |
838.181,14 |
|
|
|
|
|
|
|
Other bank
deposits |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
Total cash
at bank and bank deposits |
167.583,84 |
17.062.960,86 |
16.389.950,20 |
840.594,50 |
|
|
|
|
|
|
|
Of which:
Bank deposits abroad |
0,00 |
0,00 |
0,00 |
0,00 |
Rubrics Value
OTHER INFORMATION
Receipts from:
Non-life insurance
claims -
Operating
subsidies -
Cash at bank and its equivalents not available for use –
|
|
|
Movimentos do
Periodo de 2014 |
|
|
|||
|
|
Impairment losses |
|
Impairment losses
reversals |
|
|||
|
|
Recognized in
profit and loss |
On revalued assets recognized in
equity |
Recognized
Total in profit and loss |
|
|
|
|
|
|
|
Recognized in
Equity |
|
|
|||
|
Rubrics |
|
|
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 |
- |
|
|
|
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: |
- |
66.782,55 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Fixed tangible assets |
|
66.782,55 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Land and Natural Resources |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Buildings and other structures |
- |
0,00 |
- |
0,00 |
|
|
Basic equipment |
|
66.782,55 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Transport equipment |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Office equipment |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Biological equipment |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Others |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Intangible assets |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Development projects |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Computer programmes |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Industrial property |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Others |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Other assets |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Grants related to income / operating |
- |
32,76 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Value of repayments in the period: |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Grants related to assets/investment |
- |
0,00 |
- |
0,00 |
|
|
|
|
|
|
|
|
|
Grants related to income / operating |
- |
0,00 |
- |
0,00 |
|
|
TOTAL |
- |
66.815,31 |
- |
0,00 |
|
|
|
|
Movimentos do
Periodo de 2014 |
|
|||
|
Rubrics |
Impairment losses |
|
|
Total |
|
|
|
Impairment losses reversals |
|
|
||||
|
Receivable debts from customers |
|
70.615,31 |
0,00 |
|
70.615,31 |
|
|
|
|
|
|
|
|
|
|
Other receivables |
|
0,00 |
0,00 |
|
0,00 |
|
|
|
|
|
|
|
|
|
|
Equity instruments and other securities |
|
0,00 |
0,00 |
|
0,00 |
|
|
|
|
|
|
|
|
|
|
Others |
|
- |
- |
|
0,00 |
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
70.615,31 |
0,00 |
|
70.615,31 |
|
DEBTS
REGISTERED AS DOUBTFUL
|
|||
|
Rubrics |
|
|
Value |
|
|
|
||
|
Regarding insolvency and company recovery procedures or enforcement
procedures |
0,00 |
||
|
|
|
|
|
|
Claimed in court |
|
|
0,00 |
|
|
|
|
|
|
In arrears: |
|
|
638.238,44 |
|
|
|
|
|
|
Over six months and up to twelve months |
|
|
0,00 |
|
|
|
|
|
|
Over twelve months and up to eighteen months |
|
|
0,00 |
|
|
|
|
|
|
Over eighteen months and up to twenty four months |
|
|
0,00 |
|
|
|
|
|
|
Over twenty four months |
|
|
638.238,44 |
|
|
|
|
|
|
TOTAL |
|
|
638.238,44 |
|
Rubrics |
Average number of
employees |
Average number of
hours worked |
|
Company
employees, paid and unpaid |
45 |
76.500 |
|
|
|
|
|
Paid
company employees |
45 |
76.500 |
|
|
|
|
|
Company
UNPAID employees |
0 |
0 |
|
|
|
|
|
Company
employees, by type of working hours |
|
|
|
Full time
company employees |
45 |
76.500 |
|
|
|
|
|
Of which: Full time company employees |
45 |
76.500 |
|
Part time
company employees |
0 |
0 |
|
|
|
|
|
Of which: Part time company employees |
0 |
0 |
|
Company
employees, by gender: |
|
|
|
Men |
35 |
59.500 |
|
|
|
|
|
Women |
10 |
17.000 |
|
|
|
|
|
Company
employees, of which: |
|
|
|
Company
employees assigned to Research and Development |
0 |
- |
|
|
|
|
|
Service
providers |
0 |
0 |
|
|
|
|
|
People
placed through temporary employment agencies |
0 |
- |
|
|
|
|
|
STAFF
COSTS |
|
|
|
|
|
|
|
Rubrics |
|
Value |
|
|
|
|
|
Staff
costs |
|
750.084,13 |
|
|
|
|
|
Governance
Bodies Remuneration |
|
13.641,63 |
|
|
|
|
|
Of which: Profit-sharing |
|
0,00 |
|
Employees
remuneration |
|
593.239,48 |
|
|
|
|
|
Of which: Profit-sharing |
|
0,00 |
|
Post-employment
benefits |
|
0,00 |
|
|
|
|
|
Pension
premiums |
|
0,00 |
|
|
|
|
|
Other
benefits |
|
0,00 |
|
|
|
|
|
Of which: |
|
|
|
|
|
|
|
For defined contribution plans - corporate
bodies |
|
0,00 |
|
For
defined contribution plans - others |
|
0,00 |
|
Compensations |
|
0,00 |
|
|
|
|
|
Charges on
remunerations |
|
131.811,12 |
|
|
|
|
|
Insurance
for accidents at work and professional diseases |
|
5.602,13 |
|
|
|
|
|
Social
security expenses |
|
2.532,87 |
|
|
|
|
|
Other
staff costs |
|
3.256,90 |
|
|
|
|
|
Of which: |
|
|
|
Expenditure
on education |
|
0,00 |
|
Expenditure
on uniforms |
|
0,00 |
|
|
|
|
|
|
|
Geographic markets |
|
|
|
|
|
|
|
|
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
2.015.955,00 |
5.044.821,70 |
35.949,00 |
7.096.725,70 |
|
|
|
|
|
|
|
Services provided |
2.728,60 |
92,00 |
0,00 |
2.820,60 |
|
|
|
|
|
|
|
Purchases |
3.053.946,41 |
111.859,40 |
730.744,10 |
3.896.549,91 |
|
|
|
|
|
|
|
Supplies and external services |
1.084.523,71 |
45.730,24 |
0,00 |
1.130.253,95 |
|
|
|
|
|
|
|
Acquisition of fixed tangible assets |
2.439.472,84 |
0,00 |
0,00 |
2.439.472,84 |
|
|
|
|
|
|
|
Acquisition of investment properties |
0,00 |
0,00 |
0,00 |
0,00 |
|
Acquisition of intangible assets |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Supplementary income: |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Social services |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Equipment rental |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Studies, projects and technological assistance |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Royalities |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Others |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Memorandum: Sales and services provided (undiscounted values) |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
|
|
|
|
|
|
|
Memorandum: Purchases and supplies and external services (undiscounted
values) |
0,00 |
0,00 |
0,00 |
0,00 |
|
|
Rubrics |
2014 |
2013 |
PERIODS |
|
|
Customers |
|
|
|
|
|
Trade accounts receivable |
3.140.512,53 |
2.627.842,40 |
19,51% |
|
|
|
|
|
|
|
|
Trade notes receivable |
43.550,53 |
33.987,69 |
28,14% |
|
|
|
|
|
|
|
|
Advances received from customers |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Suppliers |
|
|
|
|
|
Trade accounts payable |
1.102.229,69 |
1.185.622,62 |
(7,03)% |
|
|
|
|
|
|
|
|
Trade notes payable |
311.538,31 |
304.043,78 |
2,46% |
|
|
|
|
|
|
|
|
Trade accounts payable - unchecked invoices |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Advances to suppliers |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Staff |
|
|
|
|
|
Payable remunerations |
1.180,22 |
0,00 |
- |
|
|
|
|
|
|
|
|
Advanced payments |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Bonds |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Other operations |
- |
0,00 |
- |
|
|
|
|
|
|
|
|
State and other public sector institutions |
|
|
|
|
|
Income Tax |
(8.576,62) |
10.826,59 |
(179,22)% |
|
|
|
|
|
|
|
|
Deductible IVA (debt cumulative amounts) |
1.158.951,17 |
1.081.119,14 |
7,20% |
|
|
|
|
|
|
|
|
Paid IVA (credit cumulative amounts) |
675.976,99 |
512.500,38 |
31,90% |
|
|
|
|
|
|
|
|
Shareholders /
partners |
|
|
|
|
|
Shareholders with subscription |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Unreleased quotas |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Advances for profits |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Allocated
results |
|
|
|
|
|
From the perspective of the entity distributing profits |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
From the perspective of the entity with allocated profits |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Available
profits |
|
|
|
|
|
From the perspective of the entity distributing profits |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
From the perspective of the entity with allocated profits |
- |
- |
- |
|
|
|
|
|
|
|
|
Granted loans - parent company |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Granted loans - subsidiary companies, associated companies |
0,00 |
0,00 |
- |
|
|
and joint ventures |
|
|||
|
|
|
|
|
|
|
|
|
|
|
|
|
Granted loans - other shareholders/partners |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Of which: Participating companies |
0,00 |
0,00 |
- |
|
|
Other operations |
|
|
|
|
|
Debit status |
- |
0,00 |
- |
|
|
|
|
|
|
|
|
Credit status |
0,00 |
0,00 |
- |
|
|
|
|
|
|
|
|
Other receivable and payable accounts |
|
|
|
|
|
Investment providers - general accounts |
- |
0,00 |
- |
|
|
|
|
|
|
Trade accounts payable - unchecked invoices |
- |
142.815,94 |
- |
|
|
|
|
|
|
Advanced payments to investment providers |
0,00 |
0,00 |
- |
|
|
|
|
|
|
additional income - Debtors |
23.498,10 |
0,00 |
- |
|
|
|
|
|
|
additional expenses - Creditors |
171.654,69 |
134.655,16 |
27,48% |
|
|
|
|
|
|
Deferred tax assets |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Deferred tax liabilities |
81.822,78 |
0,00 |
- |
|
|
|
|
|
|
Unreleased subscriptions - Creditors |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Advances received on account of sales |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Other debtors
and creditors |
|
|
|
|
Other debtors |
47.366,84 |
62.069,84 |
(23,69)% |
|
|
|
|
|
|
Other creditors |
39.001,20 |
181.472,12 |
(78,51)% |
|
Rubrics |
2014 |
2013 |
PERIODS |
|
Supplies and external services |
1.130.253,95 |
1.005.543,60 |
12,40% |
|
|
|
|
|
|
Subcontracts |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Specialized services |
349.790,21 |
238.204,33 |
46,84% |
|
|
|
|
|
|
Specialized works |
87.358,33 |
51.492,74 |
69,65% |
|
|
|
|
|
|
Of which: Payments to workers placed through agencies |
0,00 |
0,00 |
- |
|
Advertising and promotion |
7.007,83 |
153,00 |
4.480,28% |
|
|
|
|
|
|
Surveillance and security |
107,00 |
0,00 |
- |
|
|
|
|
|
|
Fees |
315,00 |
162,80 |
93,49% |
|
|
|
|
|
|
Comissions |
66.890,95 |
56.310,51 |
18,79% |
|
|
|
|
|
|
Maintenance and repairs |
164.722,82 |
103.352,01 |
59,38% |
|
|
|
|
|
|
Others |
23.388,28 |
26.733,27 |
(12,51)% |
|
|
|
|
|
|
Materials |
22.515,63 |
24.802,38 |
(9,22)% |
|
|
|
|
|
|
Fast wear tools and utensils |
13.443,07 |
14.152,11 |
(5,01)% |
|
|
|
|
|
|
Books and technical documentation |
0,00 |
12,60 |
(100,00)% |
|
|
|
|
|
|
Office material |
8.822,81 |
10.637,67 |
(17,06)% |
|
|
|
|
|
|
Gift items |
249,75 |
0,00 |
- |
|
|
|
|
|
|
Others |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Energy and fluids |
335.095,88 |
296.502,61 |
13,02% |
|
|
|
|
|
|
Electricity |
224.722,81 |
212.358,03 |
5,82% |
|
|
|
|
|
|
Fuels |
88.357,33 |
72.373,76 |
22,08% |
|
|
|
|
|
|
Water |
8.898,23 |
3.139,84 |
183,40% |
|
|
|
|
|
|
Others |
13.117,51 |
8.630,98 |
51,98% |
|
|
|
|
|
|
Travel, lodging and transportation |
277.565,00 |
296.507,93 |
(6,39)% |
|
|
|
|
|
|
Travel and lodging |
47.109,65 |
54.752,91 |
(13,96)% |
|
|
|
|
|
|
Transport of personnel |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Transport of goods |
230.455,35 |
241.755,02 |
(4,67)% |
|
|
|
|
|
|
Others |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Different services |
145.287,23 |
149.526,35 |
(2,84)% |
|
|
|
|
|
|
Rents and leases |
81.556,60 |
78.390,46 |
4,04% |
|
|
|
|
|
|
Of which: Rents from land |
- |
0,00 |
- |
|
Communication |
19.303,46 |
17.748,79 |
8,76% |
|
|
|
|
|
|
Insurance |
26.991,43 |
35.369,19 |
(23,69)% |
|
|
|
|
|
|
Royalties |
9.823,52 |
7.789,76 |
26,11% |
|
Litigation and Notaries |
3.159,97 |
3.245,41 |
(2,63)% |
|
|
|
|
|
|
Representation expenses |
0,00 |
0,00 |
- |
|
|
|
|
|
|
Cleaning, hygiene and comfort |
4.182,46 |
6.982,74 |
(40,10)% |
|
|
|
|
|
|
Other services |
269,79 |
0,00 |
- |
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)
|
Rubrics |
2014 |
2013 |
|
|
|
|
|
Retained earnings |
643.306,12 |
401.508,32 |
|
|
|
|
|
Allocated results / Available profits |
0,00 |
0,00 |
|
|
|
|
|
Percentages or bonuses to managing bodies |
0,00 |
0,00 |
|
|
|
|
|
Ditto to staff |
0,00 |
0,00 |
|
|
|
|
|
Reserves |
12.498,83 |
8.178,81 |
|
|
|
|
|
Coverage of losses |
- |
- |
|
|
|
|
|
7. Others |
0,00 |
0,00 |
|
|
|
|
|
BALANCE (1-2-3-4-5-6-7) |
630.807,29 |
393.329,51 |
|
|
|
|
MANAGEMENT REPORT
Were the
Management Report and financial year's accounts prepared?
YES
Were the
management report and the financial year's accounts signed by all members of
the management / administration?
YES
ASSESSMENT OF THE
INSPECTION BODY
The entity has an
inspection body?
YES
Has the inspection
body issued an assessment?
YES
The inspection
body pronounced:
In favour of the
approval of accounts
LEGAL CERTIFICATION OF ACCOUNTS (CLC)
Is the entity
required to have certified accounts by a Statutory Auditor/Statutory Audit
Firm?
YES
Identificação do
ROC: 506942155
Was the Legal
certification of accounts issued?
YES
Without reservation and without emphasis
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.65.79 |
|
|
1 |
Rs.99.94 |
|
Euro |
1 |
Rs.71.54 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
DPT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with full
security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.