MIRA INFORM REPORT
|
Report No. : |
351154 |
|
Report Date : |
20.11.2015 |
IDENTIFICATION DETAILS
|
Name : |
TRIMALHAS-INOVACAO EM MALHAS LDA |
|
|
|
|
Registered Office : |
Rua Eng. Orlando Vital Marques Rodrigues Candoso S.
Tiago * Apartado 532 |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
30.12.2002 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture of knitted fabrics |
|
|
|
|
No. of Employee : |
53 |
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 |
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 |
IDENTIFICATION
|
Name |
TRIMALHAS-INOVACAO
EM MALHAS LDA |
|
V.A.T.
Number / NIF |
506439240 |
|
Address |
Rua Eng. Orlando
Vital Marques Rodrigues Candoso S. Tiago * Apartado 532 |
|
Postal Code |
4835-244-GUIMARAES |
|
Municipality |
GUIMARAES |
|
District |
BRAGA |
|
Country |
PORTUGAL |
|
Telephone |
253518368,
253518755 |
|
Fax |
253414310 |
|
E-Mail |
|
|
Web Site |
|
|
CAE Principal |
13910-
Fabricação de tecidos de malha |
FINANCIAL
HIGHLIGHTS
|
2012 |
2013 |
2014 |
|||
|
Net Sales |
11.016.568,78 |
|
11.270.185,17 |
|
11.596.145,55 |
|
Net
Income For the Year |
165.538,90 |
|
372.557,20 |
|
465.846,11 |
|
Shareholders Funds |
4.484.630,79 |
|
4.872.391,18 |
|
5.339.150,86 |
|
Stocks |
1.301.739,00 |
|
1.492.199,52 |
|
1.045.969,69 |
|
LIABILITY |
3.400.646,07 |
|
2.996.522,07 |
|
2.974.648,17 |
|
ASSETS |
7.885.276,86 |
|
7.868.913,25 |
|
8.313.799,03 |
BUSINESS
CONCEPT
Consulted sources say that the subject has been respecting its payments and commercial commitments. However, the incident(s) that we join should be considered in credit connections.
SUMMARY
|
Legal Form |
Sociedade por
Quotas de Responsabilidade Limitada |
|
Constitution |
30-12-2002 |
|
V.A.T. Number / NIF |
506439240 |
|
Employees |
53 |
|
Capital |
2.100.000,00 |
|
Sales in : 31-12-2014 |
11.596.145,55 |
|
Shareholders Funds in: 31-12-2014 |
5.339.150,86 |
|
Payments |
No Complaints |
INCIDENTS
Summary of Claims (Last 5 Years)
|
Year |
Quantity |
Total |
|
|
|
€ |
|
2014 |
1 |
300.000,00 |
|
Total |
1 |
300.000,00 |
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
ANTONINO
DE JESUS MACHADO PINTO Managing-Partner
MANUEL TADEU MACHADO PINTO Managing-Partner
LEGAL
STRUCTURE
Registed
on the Register Record Office of Guimaraes with the Register Number 506439240
in 30-12-2002
Constitution
celebrated in 30-12-2002 published on Diário da República number 58 of
10-03-2003
To
oblige the company it is necessary 1 signatures
Changes
to Society
In
09-01-2015 on Portal MJ of 09-01-2015 board of director's change
In
29-12-2008 on Portal MJ of 06-01-2009 increase of capital Clique para ver
detalhes
to
2.100.000€
In
28-12-2007 on Portal MJ of 07-01-2008 increase of capital Clique para ver
detalhes
to
1.500.000€
In 18-08-2006 on Portal MJ of 21-08-2006 head office change
CAPITAL
The Capital is 2.100.000,00
with the following distribution
|
TRIMALHAS-INOVACAO EM MALHAS
LDA |
390.250,00 |
18,58% |
|
ANTONINO DE JESUS MACHADO
PINTO |
790.250,00 |
37,63% |
|
MANUEL TADEU MACHADO PINTO |
790.250,00 |
37,63% |
|
JOSE ANTONIO DA SILVA CARDOSO |
129.250,00 |
6,16% |
BIOGRAPHIES
|
Name |
ANTONINO DE JESUS MACHADO
PINTO |
|
Funtion |
Managing-Partner |
|
Address |
Rua Antero Henriques Silva, nº
1379, 2º Direito |
|
Locality |
4810-026 GUIMARAES |
|
Naturality |
São Sebastião |
|
Civil State |
Married |
|
Consort |
Maria de Jesus Gonçalves
Ribeiro |
|
Previous Connections |
Foi sócio da firma
Vilartex-Empresa de Malhas Vilarinho Lda. |
|
Observations |
|
|
Name |
MANUEL TADEU MACHADO PINTO |
|
Funtion |
Managing-Partner |
|
Address |
Rua do Colégio Militar( Quinta
Santo André), Lote 8 |
|
Locality |
4835-039 CREIXOMIL |
|
Naturality |
São Sebastião |
|
Civil State |
Married |
|
Consort |
Maria Fernanda dos Santos
Castro |
|
Previous Connections |
Foi sócio da firma
Vilartex-Empresa de Malhas Vilarinho Lda. |
|
Professional |
|
|
|
The subject has connections
with the following company (ies) |
|
Connections |
|
|
|
TEFISCON-TECNICOS DE FISCALIDADE
E CONTABILIDADE LDA as Partner with a participation of 1.699,98 , |
|
|
in a capital of 5.100,00 . |
|
Name |
JOSE ANTONIO DA SILVA CARDOSO |
|
Funtion |
Partner |
|
Address |
Rua São José( Azurem), nº 7,
1º Direito |
|
Locality |
4800-066 GUIMARAES |
|
Civil State |
Unmarried |
SHAREHOLDERS
/ PARTNERS COMPANIES
|
NAME |
TRIMALHAS-INOVACAO EM MALHAS
LDA |
|
Funtion |
Partner |
|
Address |
Rua Eng. Orlando Vital Marques
Rodrigues Candoso S. Tiago * Apartado 532 |
|
Locality |
4835-244 GUIMARAES |
|
Telephone |
253518368 |
|
Fax |
253414310 |
|
E-Mail |
trimalhas@trimalhas.pt |
|
C.A.E. |
13910- Manufacture of knitted
fabrics |
ACTIVITIES
Main
CAE 13910- Manufacture of
knitted fabrics
Business
Description
Knitwear
manufacturing and knitted fabrics
Type
of Clients
Sales
Conditions
Geographic Distribution of Sales
|
|
|
Internal Market |
|
|
International Market |
|
|
|
Year |
|
|
|
EU |
Extra-EU |
|
Total |
|
2014 |
9.397.496,02 |
81,04% |
2.011.146,70 |
17,34% |
187.502,83 |
1,62% |
11.596.145,55 |
|
2013 |
9.759.513,65 |
86,60% |
1.506.274,91 |
13,37% |
4.396,61 |
0,04% |
11.270.185,17 |
|
2012 |
9.472.280,48 |
85,98% |
1.544.288,30 |
14,02% |
0,00 |
0,00% |
11.016.568,78 |
|
2011 |
8.657.603,84 |
86,31% |
1.372.887,51 |
13,69% |
0,00 |
0,00% |
10.030.491,35 |
|
2010 |
8.714.194,26 |
91,56% |
802.971,50 |
8,44% |
0,00 |
0,00% |
9.517.165,76 |
|
Geographic Distribution of Purchases |
|||||||
|
|
Internal Market |
|
|
International Market |
|
|
|
|
Year |
|
|
|
EU |
|
Extra-EU |
Total |
|
2014 |
3.968.422,92 |
50,70% |
85.017,83 |
1,09% |
3.774.050,77 |
48,22% |
7.827.491,52 |
|
2013 |
3.223.907,98 |
37,53% |
1.332.834,27 |
15,51% |
4.033.946,47 |
46,96% |
8.590.688,72 |
|
2012 |
3.296.393,41 |
39,31% |
1.649.447,48 |
19,67% |
3.438.841,87 |
41,01% |
8.384.682,76 |
|
2011 |
2.831.454,37 |
36,73% |
1.029.293,15 |
13,35% |
3.847.512,47 |
49,91% |
7.708.259,99 |
|
2010 |
2.947.093,37 |
37,44% |
573.520,74 |
7,29% |
4.350.819,01 |
55,27% |
7.871.433,12 |
BANKS AND
FINANCIAL INSTITUTIONS
NOVO
BANCO, SA Guimarães
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.
Summary
of Claims (Last 5 Years)
|
Year |
Quantity |
Total |
|
|
|
€ |
|
2014 |
1 |
300.000,00 |
|
Total |
1 |
300.000,00 |
LEGAL ACTIONS
|
Date |
Process |
Author |
Type |
Amount |
Judicial District |
Court |
Situation |
|
25-02-2014 |
566/14.8TBSTS |
Massa Insolvente de Catwalk – Comércio Têxtil, Lda |
T-Acção de Processo Comum |
300.000,00 |
Santo Tirso - Tribunal Judicial |
|
|
|
25-02-2014 |
566/14.8TBSTS |
Emilio Manuel Leão da Silva Coutinho |
T-Acção de Processo Comum |
300.000,00 |
Santo Tirso - Tribunal Judicial |
|
|
|
25-02-2014 |
566/14.8TBSTS |
Maria da Assunção Ribeiro Dinis da Costa |
T-Acção de Processo Comum |
300.000,00 |
Santo Tirso - Tribunal Judicial |
|
|
|
25-02-2014 |
566/14.8TBSTS |
Adília Georgina Fernandes Martins Pimenta |
T-Acção de Processo Comum |
300.000,00 |
Santo Tirso - Tribunal Judicial |
|
|
|
25-02-2014 |
566/14.8TBSTS |
Luís Alberto Capela Andrade Pimenta |
T-Acção de Processo Comum |
300.000,00 |
Santo Tirso - Tribunal Judicial |
|
|
EMPLOYEES
|
Year |
Total |
Men |
Women |
||
|
2014 |
53 |
51 |
96% |
2 |
4% |
|
2013 |
43 |
40 |
93% |
3 |
7% |
|
2012 |
37 |
35 |
95% |
2 |
5% |
|
2011 |
33 |
30 |
91% |
3 |
9% |
|
2010 |
33 |
30 |
91% |
3 |
9% |
HEAD
OFFICE AND INSTALLATIONS
Head office Rua Eng. Orlando Vital Marques Rodrigues, Candoso S. Tiago * Apartado 532 , 4835-244, GUIMARAES, Tel:253518368,
Fax:253414310
Had head office Rua dos Mártires, 4800-054, GUIMARAES
PARTICIPATIONS
The subject participates on the following company (ies)
NAME
TRIMALHAS-INOVACAO EM MALHAS LDA
Address
Rua Eng. Orlando Vital Marques Rodrigues
Candoso S. Tiago * Apartado 532
Locality
4835-244 GUIMARAES
Telephone
253518368
Fax
253414310
E-Mail
trimalhas@trimalhas.pt
Web
Site www.trimalhas.pt
C.A.E.
13910- Manufacture of knitted fabrics
Capital
2.100.000,00
Participation
18,58%
SPECIAL
INFORMATION
Event General
Description
Quality Certification The holder is certified according to the standard ISO 9001/2008
FINANCIAL
DEMONSTRATION SNC
|
BALANCE SHEET SNC |
|
|
|
|
|
CoinEUROS |
|
|
|
Year:2014 |
|
|
2014 |
2013 |
2012 |
% Var.2014/13 |
|
ASSET |
|
|
|
|
|
Non-current assets |
|
|
|
|
|
Tangible fixed assets |
3.337.407,13 |
3.155.580,45 |
3.074.158,46 |
5,76% |
|
Investment properties |
166.503,88 |
166.503,88 |
166.503,88 |
- |
|
Goodwill |
- |
- |
- |
- |
|
Intangible assets |
23.835,07 |
35.629,36 |
517,61 |
(33,10)% |
|
Biological assets |
- |
- |
- |
- |
|
Financial participations -
patrimonial equity method |
- |
- |
- |
- |
|
Financial participations -
other methods |
- |
- |
- |
- |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other financial assets |
496,42 |
- |
- |
- |
|
Deferred tax assets |
- |
- |
- |
- |
|
Financial
investments(exclusive use by small entities and micro entities) |
- |
- |
- |
- |
|
Total |
3.528.242,50 |
3.357.713,69 |
3.241.179,95 |
5,08% |
|
Current assets |
|
|
|
|
|
Inventories |
1.045.969,69 |
1.492.199,52 |
1.301.739,00 |
(29,90)% |
|
Biological assets |
- |
- |
- |
- |
|
Costumers |
3.288.820,37 |
2.455.983,00 |
3.109.783,59 |
33,91% |
|
Advances to suppliers |
- |
- |
- |
- |
|
State and other public
entities |
140.902,53 |
- |
9.041,62 |
- |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other accounts receivable |
98.055,97 |
187.905,81 |
37.127,38 |
(47,82)% |
|
Deferrals |
8.759,70 |
9.471,35 |
21.636,01 |
(7,51)% |
|
Financial assets held for
trading |
- |
- |
- |
- |
|
Other financial assets |
33.562,61 |
30.768,53 |
33.383,69 |
9,08% |
|
Non-current assets held for
sale |
- |
- |
- |
- |
|
Other current assets |
- |
- |
- |
- |
|
Cashier and bank deposits |
169.485,66 |
334.871,35 |
131.385,62 |
(49,39)% |
|
Total |
4.785.556,53 |
4.511.199,56 |
4.644.096,91 |
6,08% |
|
TOTAL ASSET |
8.313.799,03 |
7.868.913,25 |
7.885.276,86 |
5,65% |
|
SHAREHOLDERS FUNDS AND LIABILITIES |
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
Capital |
2.100.000,00 |
2.100.000,00 |
2.100.000,00 |
- |
|
Own shares |
- |
- |
- |
- |
|
Other shareholders funds
instruments |
400.000,00 |
400.000,00 |
400.000,00 |
- |
|
Emission premiuns |
- |
- |
- |
- |
|
Legal reserves |
90.594,48 |
71.966,62 |
63.689,67 |
25,88% |
|
Other reserves |
1.648.571,47 |
1.294.642,13 |
1.137.380,18 |
27,34% |
|
Net retained |
389.709,97 |
326.338,85 |
264.896,35 |
19,42% |
|
Adjustments on financial
assets |
- |
- |
- |
- |
|
Revaluation surplus |
239.146,96 |
300.034,75 |
353.125,69 |
(20,29)% |
|
Other shareholders funds
changes |
5.281,87 |
6.851,63 |
- |
(22,91)% |
|
Total |
4.873.304,75 |
4.499.833,98 |
4.319.091,89 |
8,30% |
|
Net income for the period |
465.846,11 |
372.557,20 |
165.538,90 |
25,04% |
|
Antecipated dividends |
- |
- |
- |
- |
|
TOTAL OF SHAREHOLDERS FUNDS |
5.339.150,86 |
4.872.391,18 |
4.484.630,79 |
9,58% |
|
LIABILITY |
|
|
|
|
|
Non-current liiabilities |
|
|
|
|
|
Provisions |
- |
- |
- |
- |
|
Financing obtained |
372.809,32 |
680.079,80 |
985.788,21 |
(45,18)% |
|
Responsability for
post-employment beneficts |
- |
- |
- |
- |
|
Diferred taxes liabilities |
77.604,00 |
102.307,12 |
138.014,39 |
(24,15)% |
|
Other payable accounts |
- |
- |
- |
- |
|
Total |
450.413,32 |
782.386,92 |
1.123.802,60 |
(42,43)% |
|
Current liabilities |
|
|
|
|
|
Suppliers |
1.510.048,07 |
1.486.789,24 |
1.650.790,76 |
1,56% |
|
Advances from costumers |
- |
- |
- |
- |
|
State and other public
entities |
18.021,39 |
106.701,47 |
42.708,74 |
(83,11)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Financing obtained |
795.369,75 |
306.105,20 |
570.547,03 |
159,84% |
|
Other payable accounts |
200.795,64 |
314.539,24 |
12.796,94 |
(36,16)% |
|
Deferrals |
- |
- |
- |
- |
|
Financial liabilities held for
trading |
- |
- |
- |
- |
|
Other financial liabilities |
- |
- |
- |
- |
|
Non-current liabilities held
for sale |
- |
- |
- |
- |
|
Other current liabilities |
- |
- |
- |
- |
|
Total |
2.524.234,85 |
2.214.135,15 |
2.276.843,47 |
14,01% |
|
TOTAL LIABILITIES |
2.974.648,17 |
2.996.522,07 |
3.400.646,07 |
(0,73)% |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
8.313.799,03 |
7.868.913,25 |
7.885.276,86 |
5,65% |
|
INCOME STATEMENT |
|
|
|
|
|
INCOME AND EXPENSES |
|
|
|
|
|
Sales and services |
11.596.145,55 |
11.270.185,17 |
11.016.568,78 |
2,89% |
|
Operating government grants |
- |
- |
- |
- |
|
Gains/losses allocated
subsidiaries, associates and joint |
|
|
|
|
|
|
- |
- |
- |
- |
|
ventures |
|
|
|
|
|
Variation in production
inventories |
(31.302,71) |
59.534,11 |
(87.384,43) |
(152,58)% |
|
Work for the entity itself |
- |
- |
- |
- |
|
Cost of goods sold and
materials consumed |
8.242.418,64 |
8.459.762,32 |
8.287.271,01 |
(2,57)% |
|
Suppliers and external
services |
1.820.570,74 |
1.476.872,36 |
1.229.274,23 |
23,27% |
|
Personnel costs |
624.568,45 |
541.672,05 |
575.879,63 |
15,30% |
|
Impairment of inventories
(losses/revearsals) |
- |
- |
- |
- |
|
Impairment of receivables
(losses/revearsals) |
64.128,12 |
- |
- |
- |
|
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 |
(13.608,88) |
- |
- |
- |
|
Other income and gains |
368.243,68 |
216.483,82 |
150.597,37 |
70,10% |
|
Other expenses and losses |
162.900,43 |
207.035,00 |
334.481,05 |
(21,32)% |
|
Result before depreciation,
financing costs and taxes |
1.004.891,26 |
860.861,37 |
652.875,80 |
16,73% |
|
Expenses/reversals of
depreciation and amortization |
434.297,61 |
396.788,94 |
341.349,92 |
9,45% |
|
Impairment of investments
depreciable/amortizable(losses/reversals) |
- |
- |
- |
- |
|
Operating result (before
financing costs and taxes) |
570.593,65 |
464.072,43 |
311.525,88 |
22,95% |
|
Interest and similar income
obtained |
3.894,62 |
23.014,76 |
12.082,62 |
(83,08)% |
|
interest and similar expenses
incurred |
71.685,83 |
67.718,75 |
108.110,19 |
5,86% |
|
Net before taxes |
502.802,44 |
419.368,44 |
215.498,31 |
19,90% |
|
Income tax of the period |
36.956,33 |
46.811,24 |
49.959,41 |
(21,05)% |
|
Net profit for the period |
465.846,11 |
372.557,20 |
165.538,90 |
25,04% |
|
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 |
0,087 |
0,076 |
0,037 |
|
Assets Profitability |
0,069 |
0,059 |
0,04 |
|
Sales Net Profitability |
0,04 |
0,033 |
0,015 |
|
EFFICIENCY RATIOS |
|
|
|
|
Medium Term Receivable |
103,519 |
79,54 |
103,033 |
|
Asset Rotation |
1,395 |
1,432 |
1,397 |
|
PRODUCTIVITY RATIOS |
|
|
|
|
Productivity |
5,37 |
5,188 |
4,739 |
|
SHORT TERM RATIOS |
|
|
|
|
General Liquidity |
1,896 |
2,037 |
2,04 |
|
Reduced Liquidity |
1,481 |
1,364 |
1,468 |
|
Immediate Liquidity |
0,067 |
0,151 |
0,058 |
|
MEDIUM LONG TERM RATIOS |
|
|
|
|
Financial Autonomy |
0,642 |
0,619 |
0,569 |
|
Solvability |
1,795 |
1,626 |
1,319 |
|
Borrowed Capital Structure |
0,849 |
0,739 |
0,67 |
|
General Debt |
0,219 |
0,202 |
0,347 |
|
Medium Long Term Debt |
0,07 |
0,14 |
0,22 |
|
Debt Structure |
0,849 |
0,739 |
0,67 |
|
Capital Structure |
11,854 |
6,228 |
3,991 |
|
Operational and Financial Risk |
|
|
|
|
Operational Leverage Level |
5,878 |
6,056 |
8,761 |
|
Financial Leverage Level |
1,135 |
1,107 |
1,446 |
|
Combined Leverage Level |
6,672 |
6,704 |
12,668 |
|
CASH FLOW STATEMENT |
|
|
|
|
Rubrics |
2014 |
2013 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL
ACTIVITIES |
|
|
|
|
Customers receipts |
10.594.761,90 |
11.683.664,01 |
(9,32)% |
|
Payments to suppliers |
9.186.555,13 |
9.787.949,91 |
(6,14)% |
|
Payments to employees |
615.600,24 |
537.397,35 |
14,55% |
|
Cash at bank generated from
operations |
792.606,53 |
1.358.316,75 |
(41,65)% |
|
Payment/receipt of income tax |
10.167,98 |
(40.637,35) |
125,02% |
|
Other receipts/payments |
(173.512,69) |
(255.200,45) |
32,01% |
|
Cash Flows from Operational
Activities (A) |
629.261,82 |
1.062.478,95 |
(40,77)% |
|
CASH FLOWS' INVESTMENT
ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible assets |
780.504,78 |
271.686,86 |
187,28% |
|
Intangible assets |
9.028,02 |
53.441,69 |
(83,11)% |
|
Financial investments |
496,42 |
- |
- |
|
Other assets |
126.595,18 |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible assets |
10.569,11 |
70.400,00 |
(84,99)% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
7.975,00 |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
3.894,62 |
23.014,76 |
(83,08)% |
|
Dividends |
- |
- |
- |
|
Cash Flows' Investments
Activities (B) |
(902.160,67) |
(223.738,79) |
(303,22)% |
|
CASH FLOWS' INVESTMENT
ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
488.149,56 |
- |
- |
|
Paying-up of capital and other
equity instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
306.155,49 |
570.150,24 |
(46,30)% |
|
Interests and similar expenses |
71.685,83 |
67.718,75 |
5,86% |
|
Dividends |
- |
- |
- |
|
Capital's redution and other
equity instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing
Activities © |
110.308,24 |
(637.868,99) |
117,29% |
|
Variation in cash at bank and its
equivalents (A+B+C) |
(162.590,61) |
200.871,17 |
(180,94)% |
|
Effect of exchange differences |
- |
- |
- |
|
Cash at bank and its
equivalents at the start of period |
365.638,88 |
164.768,71 |
121,91% |
|
Cash at bank and its equivalents
at the end of period |
203.048,27 |
365.639,88 |
(44,47)% |
CASH FLOWS
|
Movimentos do Periodo de 2014 |
||||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S CARRYING AMOUNT AND
MOVEMENTS |
|
|
|
|
|
Cash in hand |
901,22 |
662.481,31 |
661.097,70 |
2.284,83 |
|
Order deposits |
308.970,13 |
27.114.580,00 |
27.256.349,30 |
167.200,83 |
|
Other bank deposits |
25.000,00 |
- |
25.000,00 |
0,00 |
|
Total cash at bank and bank
deposits |
334.871,35 |
27.777.061,31 |
27.942.447,00 |
169.485,66 |
|
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 |
||||
|
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 |
- |
GOVERNMENT GRANTS AND
GOVERNMENT ASSISTANCE
|
|
Grants from State and other |
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 |
|
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 reversals |
Total |
|
|
|
|
|
|
|
|
|
|
|
Receivable debts from
customers |
64.128,12 |
- |
64.128,12 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other
securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
64.128,12 |
0,00 |
64.128,12 |
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 |
53 |
36.280 |
|
Paid company employees |
53 |
36.280 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of working
hours |
|
|
|
Full time company employees |
53 |
36.280 |
|
Of which: Full time company
employees |
53 |
36.280 |
|
Part time company employees |
0 |
- |
|
Of which: Part time company
employees |
0 |
- |
|
Company employees, by gender: |
|
|
|
Men |
51 |
34.910 |
|
Women |
2 |
1.370 |
|
Company employees, of which: |
|
|
|
Company employees assigned to
Research and Development |
0 |
- |
|
Service providers |
0 |
- |
|
People placed through
temporary employment agencies |
0 |
- |
|
STAFF COSTS |
|
|
Rubrics |
Value |
|
Staff costs |
624.568,45 |
|
Governance Bodies Remuneration |
90.174,87 |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
431.492,85 |
|
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 |
2.550,00 |
|
Charges on remunerations |
99.376,73 |
|
Insurance for accidents at work
and professional diseases |
- |
|
Social security expenses |
- |
|
Other staff costs |
974,00 |
|
Of which: |
|
|
Expenditure on education |
974,00 |
|
Expenditure on uniforms |
- |
|
about:blank |
20-11-2015 |
INFORMATION BY GEOGRAPHIC
MARKETS
|
|
Geographic markets |
|||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
9.397.496,02 |
2.011.146,70 |
187.502,83 |
11.596.145,55 |
|
Services provided |
- |
- |
- |
0,00 |
|
Purchases |
3.968.422,92 |
85.017,83 |
3.774.050,77 |
7.827.491,52 |
|
Supplies and external services |
1.820.570,74 |
- |
- |
1.820.570,74 |
|
Acquisition of fixed tangible
assets |
298.951,35 |
316.000,00 |
- |
614.951,35 |
|
Acquisition of investment
properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible
assets |
9.028,02 |
- |
- |
9.028,02 |
|
Supplementary income: |
10.302,14 |
0,00 |
0,00 |
10.302,14 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and
technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
10.302,14 |
- |
- |
10.302,14 |
|
Memorandum: Sales and services
provided (undiscounted values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and
supplies and external services
(undiscounted values) |
- |
- |
- |
0,00 |
|
RECEIVABLE AND PAYABLE ACCOUNTS |
|
|
|
|
Rubrics |
2014 |
2013 |
PERIODS |
|
Customers |
|
|
|
|
Trade accounts receivable |
3.352.948,49 |
1.735.247,36 |
93,23% |
|
Trade notes receivable |
- |
720.735,64 |
- |
|
Advances received from
customers |
- |
- |
- |
|
Suppliers |
|
|
|
|
Trade accounts payable |
1.510.048,07 |
1.364.355,03 |
10,68% |
|
Trade notes payable |
- |
122.434,21 |
- |
|
Trade accounts payable -
unchecked invoices |
- |
- |
- |
|
Advances to suppliers |
- |
- |
- |
|
Staff |
|
|
|
|
Payable remunerations |
- |
2.109,71 |
- |
|
Advanced payments |
- |
- |
- |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
State and other public sector
institutions |
|
|
|
|
Income Tax |
119.755,03 |
10.167,98 |
1.077,77% |
|
Deductible IVA (debt
cumulative amounts) |
181.756,66 |
2.385.114,05 |
(92,38)% |
|
Paid IVA (credit cumulative
amounts) |
219.794,87 |
2.711.309,86 |
(91,89)% |
|
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 |
- |
218.778,27 |
- |
|
Trade accounts payable -
unchecked invoices |
- |
- |
- |
|
Advanced payments to
investment providers |
- |
- |
- |
|
additional income - Debtors |
17.169,50 |
117.215,13 |
(85,35)% |
|
additional expenses -
Creditors |
81.196,94 |
91.427,89 |
(11,19)% |
|
Deferred tax assets |
- |
- |
- |
|
Deferred tax liabilities |
77.604,00 |
102.307,12 |
(24,15)% |
|
Unreleased subscriptions -
Creditors |
- |
- |
- |
|
Advances received on account
of sales |
- |
- |
- |
|
Other debtors and creditors |
|
|
|
|
Other debtors |
80.886,47 |
70.690,68 |
14,42% |
|
Other creditors |
6.949,48 |
2.223,37 |
212,57% |
|
EXPENSE ACCOUNTS |
|
|
|
|
Rubrics |
2014 |
2013 |
PERIODS |
|
Supplies and external services |
1.820.570,74 |
1.476.872,36 |
23,27% |
|
Subcontracts |
1.291.493,98 |
1.023.292,76 |
26,21% |
|
Specialized services |
112.638,34 |
129.215,05 |
(12,83)% |
|
Specialized works |
34.680,04 |
33.774,25 |
2,68% |
|
Of which: Payments to workers
placed through agencies |
- |
- |
- |
|
Advertising and promotion |
6.601,15 |
20.002,00 |
(67,00)% |
|
Surveillance and security |
- |
- |
- |
|
Fees |
76,50 |
493,84 |
(84,51)% |
|
Comissions |
3.487,56 |
- |
- |
|
Maintenance and repairs |
48.514,97 |
42.982,24 |
12,87% |
|
Others |
19.278,12 |
31.962,72 |
(39,69)% |
|
Materials |
156.983,64 |
124.596,10 |
25,99% |
|
Fast wear tools and utensils |
137.891,84 |
111.247,88 |
23,95% |
|
Books and technical
documentation |
- |
- |
- |
|
Office material |
6.551,74 |
5.158,61 |
27,01% |
|
Gift items |
9.365,00 |
7.692,33 |
21,74% |
|
Others |
3.175,06 |
497,28 |
538,49% |
|
Energy and fluids |
142.603,01 |
105.938,83 |
34,61% |
|
Electricity |
92.204,01 |
58.954,49 |
56,40% |
|
Fuels |
32.482,03 |
33.266,20 |
(2,36)% |
|
Water |
2.501,57 |
2.787,84 |
(10,27)% |
|
Others |
15.415,40 |
10.930,30 |
41,03% |
|
Travel, lodging and
transportation |
40.591,18 |
8.209,01 |
394,47% |
|
Travel and lodging |
29.790,18 |
8.209,01 |
262,90% |
|
Transport of personnel |
- |
- |
- |
|
Transport of goods |
2.307,50 |
- |
- |
|
Others |
8.493,50 |
- |
- |
|
Different services |
76.260,59 |
85.620,61 |
(10,93)% |
|
Rents and leases |
- |
- |
- |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
13.854,82 |
15.538,26 |
(10,83)% |
|
Insurance |
54.958,03 |
64.254,72 |
(14,47)% |
|
Royalties |
- |
- |
- |
|
Litigation and Notaries |
2.345,65 |
2.118,08 |
10,74% |
|
Representation expenses |
4.673,20 |
2.676,40 |
74,61% |
|
Cleaning, hygiene and comfort |
428,89 |
460,94 |
(6,95)% |
|
Other services |
- |
572,21 |
- |
DELIBERATION
OF APPROVAL OF ACCOUNTS
Were
the financial year's accounts approved?
YES
Data
da Aprovação: 04-02-2015
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 |
855.556,08 |
698.896,05 |
|
Allocated results / Available
profits |
0,00 |
- |
|
Percentages or bonuses to
managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
465.846,11 |
372.557,20 |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
389.709,97 |
326.338,85 |
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: 510747345
Was
the Legal certification of accounts issued?
YES
Without
reservation and without emphasis
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.11 |
|
|
1 |
Rs.101.03 |
|
Euro |
1 |
Rs.70.71 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.