MIRA INFORM REPORT

Report No. :	350480
Report Date :	23.11.2015

IDENTIFICATION DETAILS

Name :	OLMIX

Registered Office :	Ld Le Lintan, 56580 Brehan

Country :	France

Financials (as on) :	31.12.2013

Date of Incorporation :	September 1995

Com. Reg. No.:	402 120 034

Legal Form :	Public limited company with board of directors

Line of Business :	Manufacture of other inorganic basic chemicals n.e.c.

No. of Employee :	75

RATING & COMMENTS

MIRA’s Rating :

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)

France

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

FRANCE - ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With more than 84 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality. France's real GDP increased by 0.4% in 2014. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.4% in the fourth quarter of 2014. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 24.3% in the fourth quarter of 2014. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4% of GDP in 2014, while France's public debt rose from 68% of GDP to more than 95% in 2014, and may hit 100% by 2016. Elected on a conventionally leftist platform, President Francois HOLLANDE surprised and angered many supporters with a January 2014 speech announcing a sharp change in his economic policy, recasting himself as a liberalizing reformer. The government's budget for 2014 shifted the balance of fiscal consolidation from taxes to a total of $24 billion in spending cuts. In December 2014, HOLLANDE announced additional reforms, including a plan to extend commercial business hours, liberalize professional services, and sell off $6.2-12.4 billion in state owned assets. France’s tax burden remains well above the EU average and income tax cuts over the past decade are being partly reversed, particularly for higher earners. The top rate of income tax is 41%. The government is allowing a 75% payroll tax on salaries over $1.24 million to lapse.

Source : CIA

Company name

OLMIX

Enquiries Trend

SIRET	402 120 034 00010
Name	OLMIX
Acronym	-
Trade name	-
Status	Economically active
Postal Address	OLMIX LD LE LINTAN 56580 BREHAN
Share Capital	428,396 Euros
Telephone	02 97 08 09 76
Activity (APE)	Manufacture of other inorganic basic chemicals nec(2013B)	RCS Registration	RCS Vannes B 402 120 034
Formation Date	08/1995	EUR VAT Number	FR20402120034
Deregistration Date	-	Last account Date	31/12/2013
Court Registry Number	19 9 5B00309	Incorporiation Date	09/1995
Registration Court	Vannes (56)	Fax	-
Nationality	France
		Legal form	Public limited company with board of directors
		Currency	Euros

Key Financials

YEAR TO DATE	TURNOVER	GROSS OPERATING SURPLUS	SHAREHOLDER'S EQUITY	NET RESULT	EMPLOYEES
31/12/2013	14,565,005 €	7.11% Turnover	19,624,176 €	1,038,561 €	75 employees
30/06/2013	29,857,951 €	12.27% Turnover	19,218,400 €	3,395,001 €	50 to 99 employees
30/06/2010	13,851,548 €	6% Turnover	11,305,618 €	397,413 €	72 employees

Directors

Current Directors

Ultimate Holding Company

Name	Safe Number	Country	Company Number
AMADEITE	FR15217234		401208772
Affiliation links.
1 company in 1 country.

Judgment and Preferential

Judgment	No judgement
Preferential Right		No social security and tax office preferential right to date

Establishment Details

Type of Establishment	Head Office	Production Role	-
APE/NAF Code	2013B	Activity	Manufacture of other inorganic basic chemicals nec
Formation Date	08/1995	Reason for Formation	Formation
Closure Date	-	Reason for Closure	-
Reactivation Date	-	Seasonality	-
Activity Nature	-	Activity Location	Other
Trading Address	LIEU DIT LE LINTAN 56580 BREHAN	Department	Morbihan (56)
Location Surface	-	District	2
City	BREHAN	Status	Economically active
Business Pages FT®	-	Region	Bretagne
		Area	33
		Size of Urban Area	Establishment in a rural municipality

Ultimate Parent(s)

1 ultimate parent company/companies for this company

Company Name	Activity (APE)	APE/NAF Code	City	Post Code
AMADEITE	Activités des sieges sociaux	7010Z	BREHAN	56580

Other Establishment(s)

Regionality	Legal unit with all establishments in same area
Mono-activity status	Legal unit having all establishments with the same main activity
Branches	5 branch entities in this company

Company Name	Company Type	APE/NAF Code	Activity	City	Post Code
OLMIX	Head Office	2013B	Manufacture of other inorganic basic chemicals nec	BREHAN	56580
OLMIX	Branch	2013B	Manufacture of other inorganic basic chemicals nec	BRENELLE	02220
OLMIX	Branch	2013B	Manufacture of other inorganic basic chemicals nec	ST ETIENNE DU GUE	22210
OLMIX	Branch	2013B	Manufacture of other inorganic basic chemicals nec	BRAINS	44830
OLMIX	Branch	2013B	Manufacture of other inorganic basic chemicals nec	BREHAN	56580

Workforces

Workforce at address

50 to 99 employees

Company workforce

50 to 99 employees

Commentary

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.


	The shareholder's equity is 19,624,176 €
	The ratio total assets to total liabilities is 2.80
	The creditor days are 47.44
	The decrease in the gearing percentage over the last two accounting periods is 67 %
	The pre-tax profit is 1,826,716 €
	The risk provisions are 548,701 €
	The total assets are 32,156,647 €
	The company has 12 directors
	Industry code with low risk rating
	Department code with low risk rating
	The liabilities are 10,919,182 €
	The net current assets are 17,963,199 €
	The net turnover is 29,130,010 €
	The stock to turnover ratio is 11.29
	The return on total assets employed is 5.68
	High risk workforce size
	The sales to current assets ratio is 1.62

Industry comparison

Activity (APE)

Manufacture of other inorganic basic chemicals nec(2013B)

Collective procedures

No judgment information for the company

Preferential rights details and history

Summary of preferential rights

Company monitored since	11/03/2008
Status of Monitoring	No social security and tax office preferential right to date

Social security, pension funds preferential rights

Number of preferential rights	0
Total amount	-
Due remaining amount	-
Date of last preferential right	-

Historical

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

201300278

31/07/2013

17/02/2014

URSSAF DE BRETAGNE

117,941 EUR

Reason for closure	Crossed Off
Court	Vannes
Creditor	URSSAF DE BRETAGNE, 6 rue dArbrissel, 35052 RENNES CEDEX 9.
Debtor	OLMIX LE LINTAN 56580 BREHAN, ROHAN
Pledges
Interest rate	0

Group Data

Ultimate parent company	AMADEITE
Direct parent	MELSPRING - 68.4 %
Group – Number of companies	19
Linkages – Number of companies	1
Number of countries	1

	NAME	SIREN	PARTS	LAST ACCOUNT PUBLISHED
1	AMADEITE	401208772	-	31/12/2014
2	MELSPRING	380054098	Majority	31/12/2013
3	OLMIX	402120034	68.40 %	31/12/2013
4	OLMIX B.V.	24237563	100 %	30/06/2013
5	MELSPRING INTERNATIONAL B.V.	09131564	100 %	31/12/2014
6	DETAILCHEMIE BREDA B.V.	20058347	100 %	30/06/2013
	MELSPRING ROUMANIA	-	99.98 %	-
	OLMIX HOLDINGS INC	-	80 %	-
	MELSPRING GMBH	-	100 %	-
	AL AND COMPANY	408691285	100 %	31/12/2014
	OLMIX IBERICA	390411	100 %	31/12/2014
	OLMIX CHINA	-	100 %	-
	NOVIMED SARL	-	22.75 %	-
	SCI JEMOLNO	382428886	98 %	-
	OLMIX BRASIL	-	99.99 %	-
	OLMIX NA INC	-	80 %	-
	OLMIX TURKEY	-	100 %	-
	TILLY SABCO BRETAGNE	808571178	33.33 %	-
	OLIGO DISTRIBUTION FABRICATION	340908599	100 %	30/06/2013
	KERINVEST	389220286	100 %	31/12/2013

Linkages

COMPANY NAME		SAFE NUMBER	SIREN	LAST ACCOUNT PUBLISHED	RATING	LIMIT	TURNOVER
MELSPRING SAS		-	-	-	-	-	-

Director(s)

Name	M. BALUSSON HERVE MARCEL ETIENNE MARIE
Manager position	Managing director, President	Date of birth	20/08/1964
Place of birth	LOUDEAC (22)
Type	Individual	Name at birth

Name	M. BALUSSON SEBASTIEN JACQUES MARIE
Manager position	Delegated managing director	Date of birth	17/02/1975
Place of birth	LOUDEAC (22)
Type	Individual	Name at birth

Name	M. BALUSSON OLIVIER MARIE-JOSEPH
Manager position	Administrator	Date of birth	01/01/1968
Place of birth	LOUDEAC (22)
Type	Individual	Name at birth

Name	Mme. LE CHEVILLER ISABELLE HENRIETTE EMILIENNE
Manager position	Administrator	Date of birth	28/11/1964
Place of birth	JOSSELIN (56)
Type	Individual	Name at birth

Name	M. LE FRANC MAXIME JOSEPH MARIE MATHURIN
Manager position	Administrator	Date of birth	10/06/1937
Place of birth	CROIXANVEC (56)
Type	Individual	Name at birth

Name	M. BALUSSON SÉBASTIEN JACQUES MARIE
Manager position	Administrator	Date of birth	17/02/1975
Place of birth	LOUDÉAC (22)
Type	Individual	Name at birth

Name	M. RIVERY JEAN-PIERRE, YVES
Manager position	Administrator	Date of birth	24/10/1958
Place of birth	LA COUYERE (35)
Type	Individual	Name at birth

Statutory Auditor

Name	H.L.P. AUDIT
Name of representative
Manager position	Statutory auditor	Date of birth	-
Place of birth
Type	Moral person	Name at birth

Name	OUEST CONSEILS AUDIT
Name of representative
Manager position	Statutory auditor	Date of birth	-
Place of birth
Type	Moral person	Name at birth

Name	M. DE NEUVILLE HUGUES
Manager position	Deputy auditor	Date of birth	24/06/1971
Place of birth	NEUILLY SUR SEINE (92)
Type	Individual	Name at birth

Name	M. DENIEL DOMINIQUE
Manager position	Deputy auditor	Date of birth	06/08/1971
Place of birth	BREST (29)
Type	Individual	Name at birth

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Chief Executive Officer	M. BALUSSON HERVE MARCEL ETIENNE MARIE	20/08/1964 - LOUDEAC (22)
Delegated managing director	M. BANDNER ROBERT	26/12/1947 - MILAN(ITALIE)
Administrator	M. BALUSSON OLIVIER MARIE-JOSEPH	01/01/1968 - LOUDEAC (22)
Administrator	M. BALUSSON SÉBASTIEN JACQUES MARIE	17/02/1975 - LOUDÉAC (22)
Administrator	M. CHAHDA SAMI	01/11/1950 - BEYROUTH (LIBAN)(LIBAN)
Administrator	M. CHAHDA SAMI	01/11/1950 - BEYROUTH (LIBAN)(LIBAN)
Administrator	Mme. LE CHEVILLER ISABELLE HENRIETTE EMILIENNE	28/11/1964 - JOSSELIN (56)
Administrator	M. LE FRANC MAXIME JOSEPH MARIE MATHURIN	10/06/1937 - CROIXANVEC (56)
Administrator	M. CHAHDA SAMI	01/11/1950 - BEYROUTH (LIBAN)(LIBAN)

STATUS HISTORY

No Status History

Recent publications in Gazettes

	Publication date	Gazette Name	Description
	22/07/2015	Bodacc C	Comptes consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 2968 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.
	22/07/2015	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 2967 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.
	22/07/2015	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 1361 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Directeur général, Président : BALUSSON Herve, Marcel, Etienne, Marie Directeur général délégué : BALUSSON SEBASTIEN, JACQUES, MARIE Administrateur : BALUSSON Olivier, Marie-Joseph Administrateur : LE CHEVILLER Isabelle, Henriette, Emilienne Administrateur : LE FRANC Maxime, Joseph, Marie, Mathurin Administrateur : BALUSSON Sébastien, Jacques, Marie Administrateur : RIVERY Jean-Pierre, Yves Commissaire aux comptes titulaire : H.L.P. AUDIT (SAS) Commissaire aux comptes titulaire : OUEST CONSEILS AUDIT (SACA) Commissaire aux comptes suppléant : DE NEUVILLE HUGUES Commissaire aux comptes suppléant : DENIEL Dominique. Activité : . Commentaires : Modification survenue sur l'administration.
	01/08/2014	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 8395 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.
	01/08/2014	Bodacc C	Comptes consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 8396 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.
	05/02/2014	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 4666 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2013.
	05/02/2014	Bodacc C	Comptes consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 4667 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2013.
	23/10/2013	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 1608 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Directeur général, Président : BALUSSON Herve, Marcel, Etienne, Marie Directeur général délégué : BALUSSON SEBASTIEN, JACQUES, MARIE Administrateur : BALUSSON Olivier, Marie-Joseph Administrateur : LE CHEVILLER Isabelle, Henriette, Emilienne Administrateur : LE FRANC Maxime, Joseph, Marie, Mathurin Administrateur : BALUSSON Sébastien, Jacques, Marie Administrateur : CHAHDA Sami Commissaire aux comptes titulaire : H.L.P. AUDIT (SAS) Commissaire aux comptes titulaire : OUEST CONSEILS AUDIT (SACA) Commissaire aux comptes suppléant : DE NEUVILLE HUGUES Commissaire aux comptes suppléant : DENIEL Dominique. Activité : . Commentaires : Modification survenue sur l'administration.
	04/10/2013	JAL	Resignation / Revocation of the social representative
Télégramme (Le)/Edition de Lorient Date de décision : 04/09/2013 La société 402120034 - OLMIX, LD LE LINTAN, 56580 BREHAN Fait l'objet du départ de Monsieur Robert BANDNER, 46 Amhem 6811 BC, WALSTRAAT
	04/10/2013	JAL	Appointment of the social representative
Télégramme (Le)/Edition de Lorient Date de décision : 04/09/2013 Société faisant l'objet d'une nomination : 402120034 - OLMIX, LD LE LINTAN, 56580 BREHAN Nominé : Monsieur Sébastien Balusson, 22210 ST ETIENNE DU GUE DE L ISLE En la fonction de : Directeur général
	02/04/2013	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 8423 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2012.
	02/04/2013	Bodacc C	Comptes annuels, consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 8424 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2012.
	24/05/2012	Bodacc A	Vente et cession : Acheteur
22 - COTES-D'ARMOR GREFFE DU TRIBUNAL DE COMMERCE DE SAINT-BRIEUC 125 - 402 120 034 RCS Vannes. SA OLMIX. Forme : Société anonyme. Capital : 428396.20 EUR. Adresse : Lieudit le Lintan, 56580 Bréhan. Origine du fonds : Fonds acquis par achat au prix stipulé de 500000 Euros. Etablissement : Etablissement principal. Activité : Etude, recherche, fabricatino, transformation, négoce de produits ayant trait à l'agriculture, et en particulier d'oligo-éléments. Adresse : route de Josselin, 22210 Saint-Etienne-du-Gué-de-l'Isle. Précédent propriétaire : OLIGO - DISTRIBUTION - FABRICATION. 340 908 599 RCS Saint-Brieuc. Date de commencement de l’activité : 25/04/2012. Publication légale : Le Courrier Indépendant du 11/05/2012. Oppositions : SARL OLIGO-DISTRIBUTION-FABRICATION, Route de Josselin, 22210 Saint Etienne du Gué de l'Isle. Descriptif : . Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
	19/03/2012	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 6937 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2011.
	19/03/2012	Bodacc C	Comptes annuels, consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 6938 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2011.
	09/08/2011	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 1057 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Président directeur général : BALUSSON Herve, Marcel, Etienne, Marie Directeur général délégué : BANDNER Robert Administrateur : BALUSSON Olivier, Marie-Joseph Administrateur : LE CHEVILLER Isabelle, Henriette, Emilienne Administrateur : LE FRANC Maxime, Joseph, Marie, Mathurin Administrateur : BALUSSON Sébastien, Jacques, Marie Administrateur : CHAHDA Sami Co-commissaire aux comptes titulaire : H.L.P. AUDIT (SAS) Co-commissaire aux comptes titulaire : OUEST CONSEILS AUDIT (SACA) Co-commissaire aux comptes suppléant : DE NEUVILLE HUGUES Co-commissaire aux comptes suppléant : DENIEL Dominique. Activité : . Commentaires : Modification survenue sur l'administration.
	28/02/2011	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 6281 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2010.
	28/02/2011	Bodacc C	Comptes annuels, consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 6282 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2010.
	15/02/2011	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 1612 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Président directeur général : BALUSSON Herve, Marcel, Etienne, Marie Directeur général délégué : BANDNER Robert Administrateur : BALUSSON Olivier, Marie-Joseph Administrateur : LE CHEVILLER Isabelle, Henriette, Emilienne Administrateur : LE FRANC Maxime, Joseph, Marie, Mathurin Administrateur : BALUSSON Sébastien, Jacques, Marie Administrateur : CHAHDA Sami Co-commissaire aux comptes titulaire : H.L.P. AUDIT (SAS) Commissaire aux comptes suppléant : DE NEUVILLE HUGUES Co-commissaire aux comptes titulaire : ERSNT AND YOUNG AUDIT SAS (SAS) Co-commissaire aux comptes suppléant : AUDITEXT SA (SACA). Activité : . Commentaires : Modification survenue sur l'administration.
	03/11/2010	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 1056 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Président directeur général : BALUSSON Herve, Marcel, Etienne, Marie Directeur général délégué : BANDNER Robert Administrateur : BALUSSON Olivier, Marie-Joseph Administrateur : LE CHEVILLER Isabelle, Henriette, Emilienne Administrateur : LE FRANC Maxime, Joseph, Marie, Mathurin Administrateur : BALUSSON Sébastien, Jacques, Marie Administrateur : CHAHDA Sami Co-commissaire aux comptes titulaire : H.L.P. AUDIT (SAS) Commissaire aux comptes suppléant : DE NEUVILLE HUGUES Co-commissaire aux comptes titulaire : KPMG SA (SACA) Co-commissaire aux comptes titulaire : ERSNT AND YOUNG AUDIT SAS (SAS) Co-commissaire aux comptes suppléant : AUDITEXT SA (SACA) Co-commissaire aux comptes suppléant : KPMG AUDIT NORMANDIE (SAS). Commentaires : Modification survenue sur l'administration.
	03/03/2010	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 804 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Président directeur général : BALUSSON Herve Marcel Etienne Marie Directeur général délégué : BANDNER Robert Administrateur : BALUSSON Olivier Marie-Joseph Administrateur : LE CHEVILLER Isabelle Henriette Emilienne Co-commissaire aux comptes titulaire : KPMG SA (SACA) Co-commissaire aux comptes titulaire : ERSNT AND YOUNG AUDIT SAS (SAS) Co-commissaire aux comptes suppléant : AUDITEXT SA (SACA) Co-commissaire aux comptes suppléant : KPMG AUDIT NORMANDIE (SAS). Commentaires : Modification survenue sur l'administration.
	03/03/2010	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 805 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Président directeur général : BALUSSON Herve Marcel Etienne Marie Directeur général délégué : BANDNER Robert Administrateur : BALUSSON Olivier Marie-Joseph Administrateur : LE CHEVILLER Isabelle Henriette Emilienne Administrateur : LE FRANC Maxime Joseph Marie Mathurin Administrateur : BALUSSON Sébastien Jacques Marie Administrateur : CHAHDA Sami Co-commissaire aux comptes titulaire : KPMG SA (SACA) Co-commissaire aux comptes titulaire : ERSNT AND YOUNG AUDIT SAS (SAS) Co-commissaire aux comptes suppléant : AUDITEXT SA (SACA) Co-commissaire aux comptes suppléant : KPMG AUDIT NORMANDIE (SAS). Commentaires : Modification survenue sur l'administration.
	01/03/2010	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 4628 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2009.
	01/03/2010	Bodacc C	Comptes annuels, consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 4629 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2009.
	28/10/2009	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 5464 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2008.
	28/10/2009	Bodacc C	Comptes annuels, consolidés et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 5465 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2008.
	02/06/2009	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 515 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Président directeur général : BALUSSON Herve Marcel Etienne Marie. Directeur général délégué : BANDNER Robert. Administrateur : BALUSSON Olivier Marie-Joseph. Administrateur : LE CHEVILLER Isabelle Henriette Emilienne. Co-commissaire aux comptes titulaire : KPMG SA (SACA). Co-commissaire aux comptes titulaire : ERSNT AND YOUNG AUDIT SAS (SAS). Co-commissaire aux comptes suppléant : CHATEL François. Co-commissaire aux comptes suppléant : AUDITEXT SA (SACA). Commentaires : Modification survenue sur l'administration.
	12/12/2008	Bodacc B	Modification et mutation diverse
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 1376 - 402 120 034 RCS Vannes. OLMIX. Forme : Société anonyme. Administration : Président directeur général : BALUSSON Herve Marcel Etienne Marie. Administrateur : BALUSSON Olivier Marie-Joseph. Administrateur : LE CHEVILLER Isabelle Henriette Emilienne. Co-commissaire aux comptes titulaire : KPMG SA (SACA). Co-commissaire aux comptes titulaire : ERSNT AND YOUNG AUDIT SAS (SAS). Co-commissaire aux comptes suppléant : CHATEL François. Co-commissaire aux comptes suppléant : AUDITEXT SA (SACA). Commentaires : Modification survenue sur l'administration.
	16/04/2008	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 6028 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan, 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2007.
	16/04/2008	Bodacc C	Comptes annuels et rapports
56 - MORBIHAN GREFFE DU TRIBUNAL DE COMMERCE DE VANNES 6029 - 402120034 RCS. OLMIX. Forme : Société anonyme. Adresse : Lieudit le Lintan, 56580 Bréhan. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/06/2007.
	05/10/2007	Bodacc B	Modifications et mutations diverses
1598 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme : S.A. Capital : 428 396,20 euros. Adresse du siège social : lieudit Le Lintan,, 56580 Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 22 août 2007.
	16/05/2007	Bodacc B	Modifications et mutations diverses
1187 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme : S.A. Capital : 323 874 euros. Adresse du siège social : lieudit Le Lintan,, 56580 Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 22 avril 2005.
	16/05/2007	Bodacc B	Modifications et mutations diverses
1190 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme : S.A. Capital : 372 288,80 euros. Adresse du siège social : lieudit Le Lintan,, 56580 Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 30 juin 2006.
	16/05/2007	Bodacc B	Modifications et mutations diverses
1188 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme : S.A. Capital : 364 254 euros. Adresse du siège social : lieudit Le Lintan,, 56580 Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 20 juin 2005.
	30/03/2007	Bodacc C	Avis de dépôt des comptes
4773 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme: S.A. Adresse du siège social: lieudit le Lintan,56580 Brehan. Comptes annuels et rapports de l'exercice clos le: 30 juin 2006.
	18/03/2007	Bodacc B	Modifications et mutations diverses
1077 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme : S.A. Adresse du siège social : lieudit Le Lintan,, 56580 Commentaires : modification survenue sur l'administration. Administration : président directeur général : BALUSSON (Hervé, Marcel, Etienne, Marie) (Nom d'usage : BALUSSON). Directeur général délégué : LE RAY (Philippe, René, Marie) (Nom d'usage : LE RAY). Administrateurs : BALUSSON (Olivier, Marie, Joseph) (Nom d'usage : BALUSSON) LE CHEVILLER (Isabelle, Henriette, Emilienne) (Nom d'usage : LE CHEVILLER). Co-commissaires aux comptes titulaires : K.P.M.G. S.A. ERNST AND YOUNG AUDIT S.A.S. Co-commissaires aux comptes suppléants : CHATEL (François) (Nom d'usage : CHATEL) AUDITEXT S.A. Date d'effet : 29 décembre 2006.
	11/11/2005	Bodacc B	Modifications et mutations diverses
915 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme : S.A. Adresse du siège social : lieudit Le Lintan,, 56580 Commentaires : modification survenue sur l'administration. Administration : P.-D.G. : BALUSSON (Hervé, Marcel, Etienne, Marie) (Nom d'usage : BALUSSON). Directeur général délégué : LE RAY (Philippe, René, Marie) (Nom d'usage : LE RAY). Administrateurs : BALUSSON (Olivier, Marie, Joseph) (Nom d'usage : BALUSSON) LE CHEVILLER (Isabelle, Henriette, Emilienne) (Nom d'usage : LE CHEVILLER). Commissaire aux comptes titulaire : LAMBARD (Alain) (Nom d'usage : LAMBARD). Commissaire aux comptes suppléant : SO.CO.GE.RE. Date d'effet : 1er juillet 2005.
	18/03/2005	Bodacc B	Modifications et mutations diverses
854 - RCS Vannes B 402 120 034. RC 95-B 309. OLMIX. Forme : S.A. Activité : fabrication, mélange, fluidisation, conditionnement, transformation de toute matière, notamment d'oligo-éléments ou autres destinés à l'alimentation animale et l'agriculture fabrication, mélange et transformation d'aliments pour animaux. Recherche et développement dans le domaine de la nanotechnologie . Adresse du siège social : lieudit Le Lintan,, 56580 Commentaires : modification survenue sur l'activité. Date d'effet : 4 décembre 2004.
	23/12/2004	Bodacc B	Modifications et mutations diverses
RCS Vannes B 402120034 RC 95-B 309 OLMIX. Forme : S.A.R.L. Adresse du siège social : lieudit Le Lintan, 56580 Rohan. Commentaires : modification survenue sur l'administration. Administration : gérant BALUSSON (Hervé, Marcel, Etienne, Marie) ( Nom d'usage : BALUSSON). Commissaire aux comptes titulaire : LAMBARD (Alain) ( Nom d'usage : LAMBARD). Commissaire aux comptes suppléant : SO.CO.GE.ME. Date d'effet : 30 septembre 2004.
	23/12/2004	Bodacc B	Modifications et mutations diverses
RCS Vannes B 402120034 RC 95-B 309 OLMIX. Forme : S.A. Capital : 320 008 euros. Adresse du siège social : lieudit Le Lintan, 56580 Rohan. Commentaires : modification survenue sur la forme juridique, le capital (augmentation) et l'administration. Administration : président directeur général : BALUSSON ( Hervé, Marcel, Etienne, Marie) ( Nom d' usage : BALUSSON). Administrateurs : BALUSSON (Olivier, Marie, Jospeph) ( Nom d'usage : BALUSSON) LE CHEVILLER (Isabelle, Henriette, Emilienne) ( Nom d'usage : LE CHEVILLER). Commissaire aux comptes titulaire : LAMBARD (Alain) ( Nom d'usage : LAMBARD). Commissaire aux comptes suppléant : SO.CO.GE.RE. Date d'effet : 15 novembre 2004.
	23/05/2002	Bodacc B	Modifications et mutations diverses
RCS Vannes B 402120034 RC 95-B 309 OLMIX. Forme : S.A.R.L. Capital : 160 000 euros. Adresse du siège social : lieudit Le Lintan, Bréhan, 56580 Rohan. Commentaires : modification survenue sur le capital (augmentation et conversion en euros). Date d'effet : 28 décembre 2001.
	24/08/1997	Bodacc A	Création d'établissement
RCS Vannes B 402 120 034 RC 95-B 309 OLMIX. Forme : S.A.R.L. Capital : 1 000 000 de F (fixe). Adresse du siège social : lieu-dit Le Lintan, Brehan 56580 Rohan Fonds principal acquis par achat au prix stipulé de 184 950 F Etablissement principal: Activité : commerce de gros et intermédiaire de tous produits et plus particulièrement ceux destinés à l' agriculture. Adresse : Le Lintan, Brehan 56580 Rohan. Date d'effet : 16 juillet 1997 Précédente propriétaire SOCIETE M.G. CONCEPT. RCS Saint-Brieuc B 399 783 042 RC 95-B 21 Publication légale: Ouest-France du 21 juillet 1997. Oppositions : étude de Me Chataignère, 5 place Duguesclin à Saint-Brieuc (22).
	16/04/1996	Bodacc B	Modifications et mutations diverses
Ancienne situation du siège social. RCS Vannes B 402 120 034 RC 95-B 309 OLMIX. Forme : S.A.R.L. Capital : 100 000 F ( fixe). Adresse : lieu-dit Le Lintan, Bréhan 56580 Rohan Nouvelle situation du siège social. Capital : 1 000 000 de F. Date d'effet : 28 décembre 1995.
	10/10/1995	Bodacc A	Création d'établissement
RCS Vannes B 402 120 034 A dater du: 13 septembre 1995 RC 95-B 309 OLMIX. Forme : S.A.R.L. Capital : 100 000 F (fixe). Adresse du siège social : lieu-dit Le Lintan, Brehan 56580 Rohan. Administration : gérant : BALUSSON ( Hervé, Marcel, Etienne, Marie) Cette société se constitue Etablissement principal: Activité : fabrication, mélange, fluidisation, conditionnement et transformation de toute matière, notamment d'oligo-éléments ou autres destinés à l' alimentation animale et agriculture , fabrication, mélange, transformation d'aliments pour animaux. Adresse : lieu-dit Le Lintan, Brehan 56580 Rohan Date de début d'activité: 1er aout 1995.

Company events history

Date	Description
04/09/2015	New shareholders detected
22/07/2015	Bodacc B: Various editing or changing
22/07/2015	Bodacc C : Deposit accounts notice
16/07/2015	Invalid balance sheet
09/07/2015	Minutes of general meeting of shareholders
09/07/2015	Updated articles of association
03/04/2015	New subsidiarie(s) detected
31/12/2014	New consolidated accounts available
02/08/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
01/08/2014	New subsidiarie(s) detected
01/08/2014	Bodacc C : Deposit accounts notice
27/05/2014	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
16/05/2014	Invalid balance sheet
08/03/2014	Disengagement of the group
07/03/2014	Disengagement in other companies
07/03/2014	New ultimate parent
05/02/2014	Bodacc C : Deposit accounts notice
17/01/2014	Updated articles of association
17/01/2014	New closing date
17/01/2014	Minutes of general meeting of shareholders
31/12/2013	New accounts available
31/12/2013	New consolidated accounts available
23/10/2013	Bodacc B: Various editing or changing
15/10/2013	Update Rating
09/10/2013	Minutes of Board meeting
04/10/2013	Legal Gazette: Resignation / Revocation of the social representative
04/09/2013	Legal Gazette: Appointment of the social representative
31/07/2013	Invalid balance sheet
31/07/2013	New Filling of Social Security preferential right
31/07/2013	Unfiling of a Social Security preferential right
30/06/2013	New consolidated accounts available
30/06/2013	New accounts available
30/04/2013	Invalid balance sheet
06/04/2013	Invalid balance sheet
02/04/2013	Bodacc C : Deposit accounts notice
24/05/2012	Bodacc A : Sale and transfer
23/03/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
19/03/2012	Bodacc C : Deposit accounts notice
09/08/2011	Bodacc B: Various editing or changing
25/07/2011	Minutes of general meeting of shareholders
01/07/2011	Update of participations in other companies
01/07/2011	New shareholders detected
30/06/2011	New accounts available
28/02/2011	Bodacc C : Deposit accounts notice
15/02/2011	Bodacc B: Various editing or changing
04/02/2011	Update of participations in other companies
04/02/2011	Disengagement in other companies
01/02/2011	New auditor
01/02/2011	Minutes of general meeting of shareholders
03/11/2010	Bodacc B: Various editing or changing
19/10/2010	New auditor
19/10/2010	Minutes of general meeting of shareholders
30/06/2010	New consolidated accounts available
30/06/2010	New accounts available
16/06/2010	Update of participations in other companies
16/06/2010	Disengagement in other companies
16/06/2010	New shareholders detected
16/06/2010	New subsidiarie(s) detected
06/04/2010	Disengagement in other companies
31/03/2010	Formation of Establishment
03/03/2010	Bodacc B: Various editing or changing
01/03/2010	Bodacc C : Deposit accounts notice
17/02/2010	New auditor
17/02/2010	Minutes of general meeting of shareholders
17/02/2010	Changes to the Board of Directors
28/10/2009	Bodacc C : Deposit accounts notice
30/06/2009	New consolidated accounts available
30/06/2009	New accounts available
04/06/2009	Extension of term
04/06/2009	Application and court order
02/06/2009	Bodacc B: Various editing or changing
15/05/2009	Minutes of Board meeting
15/05/2009	Appointment/resignation of company officers
15/05/2009	Amendment
15/05/2009	Private document
19/12/2008	Application and court order
19/12/2008	Extension of term
12/12/2008	Bodacc B: Various editing or changing
12/12/2008	New Bodacc B ads detected
26/11/2008	Private document
26/11/2008	Appointment/resignation of company officers
26/11/2008	Amendment
26/11/2008	Minutes of Board meeting
16/04/2008	Bodacc C : Deposit accounts notice
11/03/2008	Collection of preferential rights activated for this company
28/08/2007	Minutes of Board meeting
28/08/2007	Minutes of Board meeting
28/08/2007	Fund deposit certificate
28/08/2007	Capital increase
28/08/2007	Updated articles of association
28/08/2007	Amendment
28/08/2007	Updated articles of association
28/08/2007	Private document
22/08/2007	Other modification of Establishment
10/08/2007	Updated articles of association
10/08/2007	Private document
10/08/2007	Minutes of general meeting of shareholders
10/08/2007	Minutes of Board meeting
10/08/2007	Minutes of Board meeting
10/08/2007	Capital increase
10/08/2007	Amendment
10/08/2007	Updated articles of association
30/06/2007	New accounts available
30/06/2007	New consolidated accounts available
06/06/2007	Amendment
06/06/2007	Amendment
06/06/2007	Minutes of Board meeting
06/06/2007	Minutes of general meeting of shareholders
06/06/2007	Private document
31/05/2007	Updated articles of association
31/05/2007	Private document
31/05/2007	Minutes of general meeting of shareholders
31/05/2007	Minutes of general meeting of shareholders
31/05/2007	Updated articles of association
12/04/2007	Capital increase
12/04/2007	Updated articles of association
12/04/2007	Updated articles of association
12/04/2007	Private document
12/04/2007	Minutes of general meeting of shareholders
12/04/2007	Minutes of general meeting of shareholders
12/04/2007	Minutes of Board meeting
12/04/2007	Minutes of Board meeting
12/04/2007	Fund deposit certificate
12/04/2007	Amendment
12/04/2007	Amendment
12/04/2007	Audit or Management Report
12/04/2007	Capital increase
12/04/2007	Change to corporate purpose
19/02/2007	Minutes of general meeting of shareholders
19/02/2007	New auditor
19/02/2007	Appointment/resignation of company officers
19/02/2007	Amendment
19/02/2007	Minutes of general meeting of shareholders
19/02/2007	Private document
30/06/2006	Other modification of Establishment
30/06/2006	New consolidated accounts available
30/06/2006	New accounts available
21/06/2006	Private document
21/06/2006	Audit or Management Report
20/06/2006	Private document
20/06/2006	New closing date
20/06/2006	Updated articles of association
20/06/2006	Minutes of general meeting of shareholders
09/06/2006	Application and court order
09/06/2006	Amendment
02/03/2006	Amendment
02/03/2006	Appointment/resignation of company officers
02/03/2006	Private document
02/03/2006	Minutes of Board meeting
16/11/2005	Minutes of general meeting of shareholders
16/11/2005	Amendment
16/11/2005	Private document
11/10/2005	Appointment/resignation of company officers
11/10/2005	Minutes of Board meeting
11/10/2005	Minutes of general meeting of shareholders
11/10/2005	Private document
20/06/2005	Other modification of Establishment
22/04/2005	Other modification of Establishment
31/03/2005	New accounts available
04/02/2005	Change to corporate purpose
04/02/2005	Amendment
04/02/2005	Commencement or resumption of business
04/02/2005	Private document
04/02/2005	Updated articles of association
04/02/2005	Minutes of general meeting of shareholders
08/12/2004	Minutes of Board meeting
08/12/2004	Updated articles of association
08/12/2004	Private document
08/12/2004	New legal form – no new category
08/12/2004	New legal form – new category
08/12/2004	Minutes of general meeting of shareholders
08/12/2004	Capital increase
08/12/2004	Appointment/resignation of company officers
08/12/2004	Amendment
22/11/2004	Private document
22/11/2004	Appointment/resignation of company officers
22/11/2004	Amendment
22/11/2004	Minutes of general meeting of shareholders
05/11/2004	Private document
05/11/2004	Audit or Management Report
05/11/2004	Amendment
28/10/2004	Amendment
28/10/2004	Appointment/resignation of company officers
28/10/2004	Minutes of general meeting of shareholders
28/10/2004	New auditor
28/10/2004	Private document
31/03/2004	New accounts available
31/03/2003	New accounts available
22/04/2002	Capital increase
22/04/2002	Conversion of equity to euro
22/04/2002	Minutes of general meeting of shareholders
22/04/2002	Private document
22/04/2002	Updated articles of association
03/12/2001	Minutes of general meeting of shareholders
03/12/2001	Sale of shares
03/12/2001	Private document
03/12/2001	Updated articles of association
03/12/2001	Amendment
29/03/2000	Minutes of general meeting of shareholders
29/03/2000	New closing date
29/03/2000	Updated articles of association
29/03/2000	Private document
29/07/1998	Minutes of general meeting of shareholders
29/07/1998	Private document
29/07/1998	Sale of shares
29/07/1998	Amendment
29/07/1998	Updated articles of association
03/07/1997	Private document
03/07/1997	Updated articles of association
03/07/1997	Amendment
03/07/1997	Appointment/resignation of company officers
03/07/1997	Minutes of general meeting of shareholders
03/07/1997	Sale of shares
26/06/1997	New closing date
26/06/1997	Minutes of general meeting of shareholders
26/06/1997	Amendment
26/06/1997	Private document
07/03/1996	Minutes of general meeting of shareholders
07/03/1996	Capital increase
07/03/1996	Updated articles of association
13/09/1995	Private document
13/09/1995	Company formation
13/09/1995	Articles of association
13/09/1995	Amendment

Synthesized Accounts

Annual Accounts

	31/12/2013	30/06/2013	30/06/2010
Account period (month)	06	12	12
Account Type	Normal	Normal	Normal
Date of capture	01/08/2014	10/05/2014	29/03/2011
Activity Code	2013B	2013B	2013B
Employees	75	0	72

Active account

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	14,170,710	-23.8 %	18,585,835	8.0 %	17,203,426	952,177	1388.2 %
Intangible assets	5,319,205	19.8 %	4,439,002	933.9 %	429,359	30,641	17260.0 %
Tangible assets	3,540,056	-4.5 %	3,706,742	12.2 %	3,303,244	584,089	506.1 %
Financial assets	5,311,397	-49.1 %	10,440,091	-22.5 %	13,470,823	6,776	78291.2 %
Net current assets	17,963,199	28.2 %	14,009,380	16.2 %	12,055,692	2,085,863	761.2 %
Stocks	3,289,467	-60.3 %	8,284,999	225.8 %	2,543,060	454,235	624.2 %
Advanced payments	0	0%	0	0%	338,116	0	0%
Receivables	10,167,759	-35.9 %	15,864,463	121.0 %	7,177,888	925,820	998.2 %
Securities and cash	4,505,973	289.9 %	1,155,681	-42.1 %	1,996,628	96,890	4550.6 %
Prepaid expenses	-	-	-	-	-	0	-
Accounts of regularization	22,737	394.2 %	4,601	-91.1 %	51,732	0	0%
Total Assets	32,156,647	-1.4 %	32,599,813	11.2 %	29,310,850	2,603,176	1135.3 %

Passive Account

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Shareholders' equity	19,624,176	2.1 %	19,218,400	70.0 %	11,305,618	1,148,470	1608.7 %
Share capital	428,396	0%	428,396	0.0 %	428,398	355,452	20.5 %
Other capital resources	1,088,582	0%	0	0%	300,000	0	0%
Risk Provisions	548,701	47.5 %	371,910	-16.0 %	442,627	15,423	3457.7 %
Liabilities	10,919,182	-16.0 %	12,999,872	-24.6 %	17,241,948	2,006,999	444.1 %
Financial liabilities	5,493,674	-17.5 %	6,662,911	-35.0 %	10,245,934	133,283	4021.8 %
Advanced payments received	0	0%	0	0%	0	0	0%
Trade account payables	3,786,489	-12.7 %	4,337,537	6.2 %	4,084,487	592,583	539.0 %
Tax and social liabilities	1,285,219	7.5 %	1,195,038	13.5 %	1,053,328	425,989	201.7 %
Other debts and fixed assets liabilities	198,126	140.9 %	82,237	-94.0 %	1,377,591	48,552	308.1 %
Account regularization	161,681	-77.9 %	731,780	46.0 %	501,266	0	0%
Total liabilities	32,186,648	-1.3 %	32,599,813	11.2 %	29,310,851	2,603,176	1136.4 %

Results

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Sales of Goods	16,214,952	-50.5 %	32,783,844	125.8 %	14,520,274	4,913,116	230.0 %
Net turnover	14,565,005	-51.2 %	29,857,951	115.6 %	13,851,548	4,894,582	197.6 %
of which net export turnover	9,271,714	-40.8 %	15,649,148	66.5 %	9,400,933	229,663	3937.1 %
Operating charges	15,574,365	-48.5 %	30,240,219	112.2 %	14,253,246	4,685,225	232.4 %
Operating profit/loss	640,587	-74.8 %	2,543,625	852.6 %	267,028	66,334	865.7 %
Financial income	179,630	-94.1 %	3,058,085	185.3 %	1,071,746	3,762	4674.9 %
Financial charges	262,897	-88.7 %	2,330,019	111.8 %	1,100,089	19,465	1250.6 %
Financial profit/loss	-83,267	-111.4 %	728,066	2668.8 %	-28,343	-2,719	-2962.4 %
Pretax net operating income	557,320	-83.0 %	3,271,691	1270.7 %	238,685	65,097	756.1 %
Extraordinary income	10,360,759	447.6 %	1,892,200	11368.6 %	16,499	13,219	78277.8 %
Extraordinary charges	10,004,722	360.5 %	2,172,638	992.6 %	198,844	12,028	83078.6 %
Extraordinary profit/loss	356,037	227.0 %	-280,438	-53.8 %	-182,345	-45	800183.1 %
Net result	1,038,561	-69.4 %	3,395,001	754.3 %	397,413	92,312	1025.1 %

Accounts – Active

Normal Account

			31/12/2013		30/06/2013		30/06/2010
Months			6		12		12

Grand Total - Active Accounts (I to VI)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Grand Total (I to VI)	Net	32,156,647	-1.4 %	32,599,813	11.2 %	29,310,850
Gross	CO	41,485,676	0.1 %	41,426,596	5.1 %	39,417,458
Amortisation	1A	9,329,029	5.7 %	8,826,783	-12.7 %	10,106,608

Non declared distributed capital (I)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Active fixed asset (II)	Net	14,170,710	-23.8 %	18,585,835	8.0 %	17,203,426
Gross	BJ	23,293,993	-14.9 %	27,358,052	7.9 %	25,350,592
Amortisation	BK	9,123,283	4.0 %	8,772,217	7.7 %	8,147,166

Intangible fixed assets

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Start-up cost	Net	0	0%	0	0%	0
Gross	AB	0	0%	0	0%	0
Amortisation	AC	0	0%	0	0%	0
R&D expenses	Net	61,848	-50.4 %	124,682	-3.1 %	128,692
Gross	CX	3,139,706	0%	3,139,706	13.5 %	2,765,735
Amortisation	CQ	3,077,858	2.1 %	3,015,024	14.3 %	2,637,043
Distributorships, patents	Net	456,716	-6.2 %	486,665	85.4 %	262,555
Gross	AF	734,867	1.3 %	725,289	53.2 %	473,413
Amortisation	AG	278,151	16.6 %	238,624	13.2 %	210,858
Goodwill	Net	540,960	0%	540,960	1319.4 %	38,112
Gross	AH	540,960	0%	540,960	1319.4 %	38,112
Amortisation	AI	0	0%	0	0%	0
Other intangible fixed assets	Net	4,259,681	29.6 %	3,286,695	0%	0
Gross	AJ	4,259,681	29.6 %	3,286,695	0%	0
Amortisation	AK	0	0%	0	0%	0
Pre-payments and downpayments	Net	0	0%	0	0%	0
Gross	AL	0	0%	0	0%	0
Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible asset	Net	5,319,205	19.8 %	4,439,002	933.9 %	429,359

Tangilble fixed assets

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Lands	Net	10,845	-26.7 %	14,794	36.4 %	10,845
Gross	AN	10,845	-30.9 %	15,706	44.8 %	10,845
Amortisation	AO	0	0%	912	0%	0
Buildings	Net	333,267	-45.9 %	616,273	831.5 %	66,160
Gross	AP	421,010	-42.9 %	736,986	522.5 %	118,390
Amortisation	AQ	87,743	-27.3 %	120,713	131.1 %	52,230
Plant	Net	1,864,454	-1.5 %	1,892,789	-12.1 %	2,153,803
Gross	AR	5,363,344	4.6 %	5,129,922	20.0 %	4,273,762
Amortisation	AS	3,498,890	8.1 %	3,237,133	52.7 %	2,119,959
Other tangible fixed assets	Net	686,608	0.2 %	685,082	-20.9 %	866,397
Gross	AT	2,217,249	1.0 %	2,194,893	-3.5 %	2,274,473
Amortisation	AU	1,530,641	1.4 %	1,509,811	7.2 %	1,408,076
Fixed assets in construction	Net	644,882	29.5 %	497,804	141.6 %	206,039
Gross	AV	644,882	29.5 %	497,804	141.6 %	206,039
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	3,540,056	-4.5 %	3,706,742	12.2 %	3,303,244

Financial assets

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	1,438,310	-85.2 %	9,693,167	22.8 %	7,893,167
Gross	CU	2,088,310	-79.8 %	10,343,167	15.7 %	8,943,167
Amortisation	CV	650,000	0%	650,000	-38.1 %	1,050,000
Inter-company receivables	Net	294,617	0%	294,617	-86.6 %	2,203,598
Gross	BB	294,617	0%	294,617	-89.7 %	2,872,598
Amortisation	BC	0	0%	0	0%	669,000
Other investment securities	Net	684	3.0 %	664	-22.2 %	853
Gross	BD	684	3.0 %	664	-22.2 %	853
Amortisation	BE	0	0%	0	0%	0
Loans	Net	3,089,393	18640.6 %	16,485	-99.5 %	3,247,320
Gross	BF	3,089,393	18640.6 %	16,485	-99.5 %	3,247,320
Amortisation	BG	0	0%	0	0%	0
Other financial assets	Net	488,393	12.2 %	435,158	245.7 %	125,885
Gross	BH	488,393	12.2 %	435,158	245.7 %	125,885
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial assets	Net	5,311,397	-49.1 %	10,440,091	-22.5 %	13,470,823

Current Assets (III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Current Assets	Net	17,963,199	28.2 %	14,009,380	16.2 %	12,055,692
Gross	CJ	18,168,945	29.2 %	14,063,945	0.3 %	14,015,134
Amortisation	CK	205,746	277.1 %	54,565	-97.2 %	1,959,442

Stocks

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Raw materials	Net	1,366,029	-7.5 %	1,477,137	2.7 %	1,438,514
Gross	BL	1,396,434	-5.5 %	1,477,137	2.7 %	1,438,514
Amortisation	BM	30,405	0%	0	0%	0
Work in progress (goods)	Net	489,749	0%	0	0%	168,822
Gross	BN	489,749	62.0 %	302,316	79.1 %	168,822
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	1,181,667	0%	0	0%	663,240
Gross	BR	1,181,667	0%	0	0%	663,240
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	252,022	-96.3 %	6,807,862	2398.4 %	272,484
Gross	BT	252,022	-96.3 %	6,844,530	2411.9 %	272,484
Amortisation	BU	0	0%	36,668	0%	0
Sub Total Stocks	Net	3,289,467	-60.3 %	8,284,999	225.8 %	2,543,060

Advance payments to suppliers

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Advance payments to suppliers	Net	0	0%	0	0%	338,116
Gross	BV	0	0%	0	0%	338,116
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Trade accounts receivable	Net	3,675,891	-53.7 %	7,938,506	69.7 %	4,677,910
Gross	BX	3,851,232	-52.1 %	8,042,784	60.8 %	5,000,213
Amortisation	BY	175,341	68.1 %	104,278	-67.6 %	322,303
Other debtors	Net	6,378,407	-15.5 %	7,552,493	236.7 %	2,242,938
Gross	BZ	6,378,407	-15.5 %	7,552,493	94.6 %	3,880,077
Amortisation	CA	0	0%	0	0%	1,637,139
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total debtors	Net	10,054,298	-35.1 %	15,490,999	123.8 %	6,920,848

Divers

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Investment securities	Net	3,524,216	1616.5 %	205,319	-82.2 %	1,155,584
Gross	CD	3,524,216	1616.5 %	205,319	-82.2 %	1,155,584
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	981,757	3.3 %	950,362	13.0 %	841,044
Gross	CF	981,757	3.3 %	950,362	13.0 %	841,044
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	4,505,973	289.9 %	1,155,681	-42.1 %	1,996,628

Prepaid expenses

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Prepaid expenses	Net	113,461	-69.6 %	373,464	45.3 %	257,040
Gross	CH	113,461	-69.6 %	373,464	45.3 %	257,040
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Expenses of loan issue to be spread	CW3	0	0%	1,275	-95.7 %	29,829
Gross		0	0%	1,275	-95.7 %	29,829
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	22,737	583.6 %	3,326	-84.8 %	21,903
Gross		22,737	583.6 %	3,326	-84.8 %	21,903

References

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Due within one year	CP	0	0%	185	0%	0
Due after one year	CR	0	0%	3,339,808	0%	0

Accounts – Passive

Grand Total - Passive Accounts (I to V)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Grand Total (I to V)	EE		32,186,648	-1.3 %	32,599,813	11.2 %	29,310,851

Shareholder Equity (I)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total shareholders' equity (Total I)	DL	19,624,176	2.1 %	19,218,400	70.0 %	11,305,618
Equity and shareholders' equity	DA	428,396	0%	428,396	0.0 %	428,398
Issue and merger premiums	DB	22,118,123	0%	22,118,123	0%	22,118,123
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	18,897	0%	18,897	0%	18,897
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	14,994	0%	14,994	0%	14,994
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	0	0%	0	0%	0
Of which reserve for buying originals works from alive artists	EJ	0	0%	0	0%	0
Profits or losses brought forward	DH	-4,965,733	40.6 %	-8,360,734	31.7 %	-12,243,094
Profit or loss for the period	DI	1,038,561	-69.4 %	3,395,001	754.3 %	397,413
Investment grants	DJ	970,938	17.8 %	824,464	0%	0
Special tax-allowable reserves	DK	0	0%	779,259	36.5 %	570,887

Other capital resources (II)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total other capital resources (Total II)	DO	1,088,582	0%	0	0%	300,000
Income from participating securities	DM	1,088,582	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	300,000

Provisions for risks and charges (III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total provisions for risks and charges (Total III)	DR	548,701	47.5 %	371,910	-16.0 %	442,627
Risk provisions	DP	55,162	-3.0 %	56,897	-78.3 %	261,692
Reserves for charges	DQ	493,539	56.7 %	315,013	74.1 %	180,935

Liabilities (IV)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Liabilities (Total IV)	EC	10,919,182	-16.0 %	12,999,872	-24.6 %	17,241,948
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	3,934,636	-17.1 %	4,744,367	-47.5 %	9,036,277
Sundry loans and financial liabilities	DV	1,559,038	-18.7 %	1,918,544	58.6 %	1,209,657
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	0	0%	0	0%	0
Trade accounts payables	DX	3,786,489	-12.7 %	4,337,537	6.2 %	4,084,487
Tax and social security liabilities	DY	1,285,219	7.5 %	1,195,038	13.5 %	1,053,328
Fixed asset liabilities	DZ	19,910	0%	19,910	0%	19,910
Other debts	EA	172,209	226.8 %	52,696	-96.1 %	1,337,023

Translation loss (V)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Translation loss (Total V)	ED		6,007	-37.6 %	9,631	-53.4 %	20,658

Equalization accounts

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Deferred income	EB		161,681	-77.9 %	731,780	46.0 %	501,266

References

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	9,855,027	0%	0
Of which current bank facilities	EH	0	0%	1,444,121	0%	0

Result account

1 - Operating result (I-II)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Operating result (Total I-II)	GG		640,587	-74.8 %	2,543,625	852.6 %	267,028

2 - Financial result (V-VI)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Financial result (Total V-VI)	GV		-83,267	-111.4 %	728,066	2668.8 %	-28,343

3 - Pre-tax net operating income result (I to VI)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW		557,320	-83.0 %	3,271,691	1270.7 %	238,685

4 - Extraordinary result (VII-VIII)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Extraordinary result (Total VII-VIII)	HI		356,037	227.0 %	-280,438	-53.8 %	-182,345

Profit or loss

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Profit or loss	HN		1,038,561	-69.4 %	3,395,001	754.3 %	397,413

Total Income (I+III+V+VII)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Income (Total I+III+V+VII)	HL		26,755,341	-29.1 %	37,734,129	141.8 %	15,608,519

Total Charges (Total II+IV+VI+VIII+IX+X)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Charges (Total II+IV+VI+VIII+IX+X)	HM		25,716,781	-25.1 %	34,339,127	125.8 %	15,211,108

Operating income (I)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total operating income (Total I)	FR		16,214,952	-50.5 %	32,783,844	125.8 %	14,520,274

Operating income (details)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Sale of goods for resale	FC	1,826,744	-59.9 %	4,552,535	217.6 %	1,433,530
France	FA	1,573,964	-61.2 %	4,056,575	229.2 %	1,232,297
Export	FB	252,780	-49.0 %	495,960	146.5 %	201,233
Sale of goods produced	FF	11,949,555	-48.1 %	23,039,519	117.5 %	10,592,831
France	FD	3,530,879	-60.0 %	8,823,528	331.6 %	2,044,393
Export	FE	8,418,676	-40.8 %	14,215,991	66.3 %	8,548,438
Sale of services	FI	788,706	-65.2 %	2,265,897	24.1 %	1,825,187
France	FG	188,448	-85.8 %	1,328,700	13.2 %	1,173,925
Export	FH	600,258	-36.0 %	937,197	43.9 %	651,262
Net turnover	FL	14,565,005	-51.2 %	29,857,951	115.6 %	13,851,548
France	FJ	5,293,291	-62.7 %	14,208,803	219.3 %	4,450,615
Export	FK	9,271,714	-40.8 %	15,649,148	66.5 %	9,400,933
Stocked production	FM	242,641	97.0 %	123,191	137.3 %	51,919
Self-constructed assets	FN	966,622	-61.1 %	2,487,326	77556.1 %	3,203
Operating grants	FO	1,805	-83.6 %	11,030	123.9 %	4,927
Release of reserves and provisions	FP	432,022	54.9 %	278,970	-4.7 %	292,802
Other income	FQ	6,857	-73.0 %	25,376	-92.0 %	315,875

Operating charges (II)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total operating charges (Total II)	GF		15,574,365	-48.5 %	30,240,219	112.2 %	14,253,246

Exploitation charges

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Purchase of goods for resale	FS	911,440	-66.3 %	2,706,684	123.2 %	1,212,833
Change in stocks of goods for resale	FT	97,403	-38.6 %	158,634	80.5 %	87,867
Purchase of raw materials	FU	4,507,305	-49.1 %	8,849,609	222.5 %	2,743,902
Change in stocks of raw materials	FV	80,703	-84.0 %	503,688	917.3 %	-61,626
Other external purchases and charges	FW	6,472,971	-46.3 %	12,054,322	108.2 %	5,790,748
Tax, duty and similar payments	FX	349,784	-21.4 %	445,077	79.2 %	248,366
Payroll	FY	1,538,333	-47.9 %	2,952,659	44.0 %	2,050,260
Social security costs	FZ	783,276	-31.5 %	1,143,914	13.5 %	1,008,286

Depreciation

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Depreciation of fixed assets	GA	459,359	-51.8 %	952,313	18.5 %	803,350
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	151,181	217.9 %	47,560	-49.8 %	94,729
Provisions for risks and charges	GD	182,445	58.2 %	115,297	-24.4 %	152,509

Other charges

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Other charges	GE		40,165	-87.1 %	310,462	154.4 %	122,022

Operating charges (III-IV)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total financial income (Total V)	GP	179,630	-94.1 %	3,058,085	185.3 %	1,071,746
Share financial income	GJ	4,129	-95.5 %	91,848	612220.0 %	15
Other investment income & capitalised receivables	GK	97,775	98.2 %	49,323	-77.6 %	220,071
Other interest and similar income	GL	7,108	47286.7 %	15	-99.6 %	3,378
Released provisions and transferred charges	GM	24,472	-99.1 %	2,669,343	332.6 %	617,086
Exchange gains	GN	46,146	-81.4 %	247,556	11.3 %	222,358
Net income from disposal of investment securities	GO	0	0%	0	0%	8,838

Financial charge (VI)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total financial charge (Total VI)	GU	262,897	-88.7 %	2,330,019	111.8 %	1,100,089
Financial reserves and provisions	GQ	22,737	-32.2 %	33,549	-94.2 %	580,703
Interest and similar charges	GR	155,916	-92.3 %	2,029,275	387.4 %	416,366
Exchange losses	GS	84,244	-68.5 %	267,195	159.4 %	103,020
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total extraordinary income (Total VII)	HD	10,360,759	447.6 %	1,892,200	11368.6 %	16,499
Extraordinary operating income	HA	1,500	-99.6 %	351,822	0%	0
Extraordinary income from capital transactions	HB	9,580,000	529.4 %	1,522,173	9125.9 %	16,499
Released provisions and transferred charges	HC	779,259	4180.5 %	18,205	0%	0

Extraordinary charges (VIII)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total extraordinary charges (Total VIII)	HH	10,004,722	360.5 %	2,172,638	992.6 %	198,844
Extraordinary operating charges	HE	300,929	2.1 %	294,773	1053.8 %	25,548
Extraordinary charges from capital transactions	HF	9,703,793	416.7 %	1,877,865	10665.1 %	17,444
Extraordinary reserves and provisions	HG	0	0%	0	0%	155,852

Employee profit sharing (IX)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Employee profit sharing (Total IX)	HJ		0	0%	0	0%	0

Tax on profits (X)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Tax on profits (Total X)	HK		-125,203	69.0 %	-403,749	-18.4 %	-341,071

References

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Of which equipment leases	HP	20,941	-81.9 %	115,919	-46.7 %	217,291
Of which property leases	HQ	83,620	-52.1 %	174,629	-2.0 %	178,276
Of which transferred charges	A1	0	0%	35,716	0%	0
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	50,837	0%	0

Other incomes tax return forms

Fixed Assets

Grand Total Fixed Assets (I to IV)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Gross value at begin of period	OG	0	0%	0	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreasess by budget item transfer	OK1	0	0%	0	0%	0
Decreasess by transfers	OK2	0	0%	0	0%	0
Gross value at the end of period	OL	0	0%	0	0%	0

Research and development Charge (Total I)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Gross value at begin of period	CZ	0	0%	0	0%	0
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreasess by budget item transfer	CO1	0	0%	0	0%	0
Decreasess by transfers	CO2	0	0%	0	0%	0
Gross value at the end of period	DO	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Gross value at begin of period	KD	0	0%	0	0%	0
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	0	0%	0
Gross value at the end of period	LW	0	0%	0	0%	0

Tangible fixed assets (Total III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Gross value at begin of period	LN	0	0%	0	0%	0
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	0
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	0	0%	0	0%	0
Gross value at the end of period	NH	0	0%	0	0%	0

Financial assets (Total IV)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Gross value at begin of period	LQ	0	0%	0	0%	0
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	0
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	0	0%	0	0%	0
Gross value at the end of period	NK	0	0%	0	0%	0

Reserve for depreciation

Situation and movement of reserve for depreciation - Grand total (I-II-III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Reserve for depreciation value at begin of period	ON	0	0%	0	0%	0
Increases	OP	0	0%	0	0%	0
Decreasess	OQ	0	0%	0	0%	0
Reserve for depreciation value at the end of period	OR	0	0%	0	0%	0

Research and development charge (Total I)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases	PB	0	0%	0	0%	0
Decreasess	PC	0	0%	0	0%	0
Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Reserve for depreciation value at begin of period	PE	0	0%	0	0%	0
Increases	PF	0	0%	0	0%	0
Decreasess	PG	0	0%	0	0%	0
Decreasess by budget item transfer	PH	0	0%	0	0%	0

Total fixed assets amotisation (Total III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Reserve for depreciation value at begin of period	QU	0	0%	0	0%	0
Increases	QV	0	0%	0	0%	0
Decreases	QW	0	0%	0	0%	0
Decreasess by budget item transfer	QX	0	0%	0	0%	0

Movements during period affecting charge allocated over several period

Deferred charges and debt issuance costs

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Gross value at begin of period	Z91	0	0%	0	0%	0
Increases	Z92	0	0%	0	0%	0
Depreciation of fixed assets during period	Z9	0	0%	0	0%	0
Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Net value at begin of period	SP1	0	0%	0	0%	0
Increases	SP2	0	0%	0	0%	0
Depreciation of fixed assets during period	SP	0	0%	0	0%	0
Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet

Grand Total (I-II-III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Value at begining of period	7C	0	0%	0	0%	0
Increases	UB	0	0%	0	0%	0
Decreases	UC	0	0%	0	0%	0
Value at the end of period	UD	0	0%	0	0%	0

Includes Total allocations

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Operating	UE	0	0%	0	0%	0
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Operating	UF	0	0%	0	0%	0
Financial	UH	0	0%	0	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Value at begining of period	3Z	0	0%	0	0%	0
Increases	TS	0	0%	0	0%	0
Decreases	TT	0	0%	0	0%	0
Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Value at begining of period	5Z	0	0%	0	0%	0
Increases	TV	0	0%	0	0%	0
Decreases	TW	0	0%	0	0%	0
Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Value at begining of period	7B	0	0%	0	0%	0
Increases	TY	0	0%	0	0%	0
Decreases	TZ	0	0%	0	0%	0
Value at the end of period	UA	0	0%	0	0%	0

State deadlines claims and debts at the end of period

State claims

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Gross value	VT	0	0%	0	0%	0
1 year at most	VU	0	0%	0	0%	0
More than one year	VV	0	0%	0	0%	0

State of loans

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	0	0%	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Customers doubtful or disputed	VA	0	0%	0	0%	0
Other claims customer	UX	0	0%	0	0%	0
Receivables represent Loaned Securities	UU	0	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	0	0%	0
Social Security and other social organizations	UZ	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	0	0%	0
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	0	0%	0	0%	0

Prepaid

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Prepaid	VS		0	0%	0	0%	0

State Debt

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total debt (gross)	VY	0	0%	0	0%	0
1 year at most	VZ2	0	0%	0	0%	0
More than 1 year and 5 years at most	VZ3	0	0%	0	0%	0
More than 5 years	VZ4	0	0%	0	0%	0

Details

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most	7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most	7Y3	0	0%	0	0%	0
Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most	7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most	7Z3	0	0%	0	0%	0
Borrowing & debts to 1 year maximum at the origin (gross)	VG1	0	0%	0	0%	0
1 year at most	VG2	0	0%	0	0%	0
More than 1 year and 5 years at most	VG3	0	0%	0	0%	0
Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most	VH2	0	0%	0	0%	0
More than 1 year and 5 years at most	VH3	0	0%	0	0%	0
Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most	8A2	0	0%	0	0%	0
More than 1 year and 5 years at most	8A3	0	0%	0	0%	0
Suppliers and associated accounts (gross)	8B1	0	0%	0	0%	0
1 year at most	8B2	0	0%	0	0%	0
More than 1 year and 5 years at most	8B3	0	0%	0	0%	0
Personnel and associated accounts (gross)	8C1	0	0%	0	0%	0
1 year at most	8C2	0	0%	0	0%	0
More than 1 year and 5 years at most	8C3	0	0%	0	0%	0
Social Security and other social organizations (gross)	8D1	0	0%	0	0%	0
1 year at most	8D2	0	0%	0	0%	0
More than 1 year and 5 years at most	8D3	0	0%	0	0%	0
Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most	8E2	0	0%	0	0%	0
More than 1 year and 5 years at most	8E3	0	0%	0	0%	0
VAT (Gross)	VW1	0	0%	0	0%	0
1 year at most	VW2	0	0%	0	0%	0
More than 1 year and 5 years at most	VW3	0	0%	0	0%	0
Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most	VX2	0	0%	0	0%	0
More than 1 year and 5 years at most	VX3	0	0%	0	0%	0
Other taxes and assimilated (gross)	VQ1	0	0%	0	0%	0
1 year at most	VQ2	0	0%	0	0%	0
More than 1 year and 5 years at most	VQ3	0	0%	0	0%	0
Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most	8J2	0	0%	0	0%	0
More than 1 year and 5 years at most	8J3	0	0%	0	0%	0
More than 5 years	8J4	0	0%	0	0%	0
Groups and associates (gross)	VI1	0	0%	0	0%	0
1 year at most	VI2	0	0%	0	0%	0
More than 1 year and 5 years at most	VI3	0	0%	0	0%	0
More than 5 years	V14	0	0%	0	0%	0
Other liabilities (gross)	8K1	0	0%	0	0%	0
1 year at most	8K2	0	0%	0	0%	0
More than 1 year and 5 years at most	8K3	0	0%	0	0%	0
Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most	SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most	SZ3	0	0%	0	0%	0
Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most	8L2	0	0%	0	0%	0
More than 1 year and 5 years at most	8L3	0	0%	0	0%	0

References

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information

Dividends distributed

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Dividends	ZE		0	0%	0	0%	0

Commitments

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Average number of employees	YP		75	0%	0	0%	72

Groups and Shareholders

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Groups and Shareholders	ZR		-	-	-	-	-

Ratios

Structure and Liquidity

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Fixed Asset Financing	1.54	25.2 %	1.23	2.5 %	1.20	1.14	35.1 %
Global Debt	135 days	-14.0 %	157 days	-65.0 %	448 days	135 days	0%
Working Capital Fund overall net	156 days	108.0 %	75 days	-43.2 %	132 days	56 days	178.6 %
Financial independence	357.21 %	23.8 %	288.44 %	161.4 %	110.34 %	225.32 %	58.5 %
Solvability	64.35 %	9.2 %	58.95 %	48.9 %	39.59 %	46.62 %	38.0 %
Capacity debt futures	-	-	-	-	-	3,983.30 %	-
Coverage of current assets by net working capital overall	58.32 %	139.7 %	24.33 %	-28.7 %	34.13 %	33.52 %	74.0 %
General Liquidity	-	-	-	-	-	0.78	-
Restricted Liquidity	-	-	-	-	-	1.03	-

Management or rotation

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Need background in operating working capital	100 days	-55.2 %	223 days	159.3 %	86 days	39 days	156.4 %
Treasury	56 days	1966.7 %	-3 days	-105.8 %	52 days	4 days	1300.0 %
Inventory turnover of goods	90 days	-89.5 %	860 days	1046.7 %	75 days	23 days	300.0 %
Average length of credit granted to customers	95 days	-2.1 %	97 days	-25.4 %	130 days	52 days	82.7 %
Average length of credit obtained suppliers	113 days	76.6 %	64 days	-57.3 %	150 days	66 days	71.2 %
Inventory turnover of raw materials in industrial enterprises	106 days	86.0 %	57 days	-67.6 %	176 days	58 days	84.3 %
Inventory turnover of intermediate and finished products in the industrial enterprise	-	-	-	-	-	115 days	-
Rotation tangible assets	-	-	-	-	-	184.34 %	-

Profitability of the business

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Margin trading	5.62 %	-0.5 %	5.65 %	488.5 %	0.96 %	0.72 %	680.6 %
Profitability of the business	7.11 %	-42.1 %	12.27 %	104.5 %	6.00 %	6.63 %	7.2 %
Net profit	7.13 %	-37.3 %	11.37 %	296.2 %	2.87 %	2.97 %	140.1 %
Growth rate of turnover (excluding VAT)	-51.22 %	0%	0.00 %	0%	34.33 %	0.00 %	0%
Rates integration	25.43 %	-7.4 %	27.45 %	-8.0 %	29.84 %	31.03 %	-18.0 %
Rate leasing furniture	0.14 %	-64.1 %	0.39 %	-75.2 %	1.57 %	0.00 %	0%
Work Factor	62.67 %	25.4 %	49.99 %	-32.4 %	74.00 %	68.18 %	-8.1 %
Weight interests	1.80 %	-76.9 %	7.80 %	-1.8 %	7.94 %	0.60 %	200.0 %

Return on capital

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Cash flow from the overall profitability	11.29 %	-28.8 %	15.86 %	13.4 %	13.99 %	6.09 %	85.4 %
Rates of economic profitability	4.00 %	-71.4 %	14.00 %	250.0 %	4.00 %	15.50 %	-74.2 %
Financial profitability	20,712,758.00 %	7.8 %	19,218,400.00 %	65.6 %	11,605,618.00 %	1,148,470.00 %	1703.5 %
Return on investment	4.97 %	-77.5 %	22.12 %	222.9 %	6.85 %	6.79 %	-26.8 %

Management intermediate balances

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Turnover

14,565,005

-51.2 %

29,857,951

115.6 %

13,851,548

4,894,582

197.6 %

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Sales of goods

1,826,744

-59.9 %

4,552,535

217.6 %

1,433,530

- Purchase of goods

911,440

-66.3 %

2,706,684

123.2 %

1,212,833

+/- Stock of goods variation

97,403

-38.6 %

158,634

80.5 %

87,867

Trading margin

817,901 €

-51.5 %

1,687,217 €

1170.2 %

132,830 €

8,099 €

9998.8 %

5.62 % CA

-0.5 %

5.65 % CA

488.5 %

0.96 % CA

0.77 % CA

629.9 %

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Sale of goods produced

12,738,261

-49.7 %

25,305,416

103.8 %

12,418,018

+/- Stocked production

242,641

97.0 %

123,191

137.3 %

51,919

+ Self-constructed assets

966,622

-61.1 %

2,487,326

77556.1 %

3,203

Period production

13,947,524 €

-50.0 %

27,915,933 €

123.8 %

12,473,140 €

2,775,319 €

402.6 %

95.76 % CA

2.4 %

93.50 % CA

3.8 %

90.05 % CA

97.84 % CA

-2.1 %

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Trading margin

817,901

-51.5 %

1,687,217

1170.2 %

132,830

8,099

9998.8 %

+ Period Production

13,947,524

-50.0 %

27,915,933

123.8 %

12,473,140

2,775,319

402.6 %

- Purchase of raw materials

4,507,305

-49.1 %

8,849,609

222.5 %

2,743,902

+/- Change in stocks of raw materiels

80,703

-84.0 %

503,688

917.3 %

-61,626

- Other external purchases and charges

6,472,971

-46.3 %

12,054,322

108.2 %

5,790,748

Added value

3,704,446 €

-54.8 %

8,195,531 €

98.3 %

4,132,946 €

1,083,366 €

241.9 %

25.43 % CA

-7.4 %

27.45 % CA

-8.0 %

29.84 % CA

31.03 % CA

-18.0 %

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Added value

3,704,446 €

-54.8 %

8,195,531 €

98.3 %

4,132,946 €

1,083,366 €

241.9 %

+ Operating grants

1,805

-83.6 %

11,030

123.9 %

4,927

- Tax, duty and similar payments

349,784

-21.4 %

445,077

79.2 %

248,366

- Personal charges

2,321,609

-43.3 %

4,096,573

33.9 %

3,058,546

Gross operating surplus

1,034,858 €

-71.8 %

3,664,911 €

341.0 %

830,961 €

179,480 €

476.6 %

7.11 % CA

-42.1 %

12.27 % CA

104.5 %

6.00 % CA

6.63 % CA

7.2 %

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Gross operating surplus

1,034,858 €

-71.8 %

3,664,911 €

341.0 %

830,961 €

179,480 €

476.6 %

+ Release of reserves and provisions

432,022

54.9 %

278,970

-4.7 %

292,802

+ Other operating income

6,857

-73.0 %

25,376

-92.0 %

315,875

- Depreciation/ Amortisation

792,985

-28.9 %

1,115,170

6.1 %

1,050,588

- Other charges

40,165

-87.1 %

310,462

154.4 %

122,022

Operating result

640,587 €

-74.8 %

2,543,625 €

852.6 %

267,028 €

66,334 €

865.7 %

4.40 % CA

-48.4 %

8.52 % CA

341.5 %

1.93 % CA

3.86 % CA

14.0 %

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Operating result

640,587 €

-74.8 %

2,543,625 €

852.6 %

267,028 €

66,334 €

865.7 %

+/- Result of joint-venture transferred from/to other partners

+ Financial income

179,630

-94.1 %

3,058,085

185.3 %

1,071,746

- Financial charges

262,897

-88.7 %

2,330,019

111.8 %

1,100,089

Pre-tax result

557,320 €

-83.0 %

3,271,691 €

1270.7 %

238,685 €

65,097 €

756.1 %

3.83 % CA

-65.1 %

10.96 % CA

537.2 %

1.72 % CA

3.08 % CA

24.4 %

31/12/2013

Variation

30/06/2013

Variation

30/06/2010

SECTOR MEDIAN 2013

Extraordinary income

10,360,759

447.6 %

1,892,200

11368.6 %

16,499

13,219

78277.8 %

- Extraordinary charges

10,004,722

360.5 %

2,172,638

992.6 %

198,844

Extraordinary result

356,037 €

227.0 %

-280,438 €

-53.8 %

-182,345 €

-45 €

800183.1 %

2.44 % CA

359.6 %

-0.94 % CA

28.8 %

-1.32 % CA

-0.01 % CA

24500.0 %

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010	SECTOR MEDIAN 2013
Pre-tax result	557,320 €	-83.0 %	3,271,691 €	1270.7 %	238,685 €	65,097 €	756.1 %
Extraordinary result	356,037 €	227.0 %	-280,438 €	-53.8 %	-182,345 €	-45 €	800183.1 %
- Employee profit sharing	0	0%	0	0%	0		-
- Tax on profits	-125,203	69.0 %	-403,749	-18.4 %	-341,071		-
Net result	1,038,560 €	-69.4 %	3,395,002 €	754.3 %	397,411 €	92,313 €	1025.0 %
	7.13 % CA	-37.3 %	11.37 % CA	296.2 %	2.87 % CA	2.97 % CA	140.1 %

Synthesized Accounts

	31/12/2013	30/06/2013	30/06/2010
Account period (month)	6	12	12
Account Type	Consolidated	Consolidated	Consolidated
Activity Code	2013B	2013B	2013B

Active account

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Capital not called	0	0%	0	0%	0
Total fixed assets	15,725,302	-11.1 %	17,680,995	-3.5 %	18,325,375
Intangible assets	4,780,210	-31.3 %	6,960,187	43.4 %	4,853,465
Tangible assets	6,321,523	-26.7 %	8,619,361	-23.0 %	11,193,676
Financial assets	3,542,451	442.7 %	652,693	172.6 %	239,393
Net current assets	19,234,487	-28.4 %	26,876,049	16.8 %	23,015,498
Stocks	3,757,759	-	-	-	6,592,545
Advanced payments	0	-	-	-	0
Receivables	10,202,779	-	-	-	13,260,578
Securities and cash	5,273,949	-	-	-	3,162,375
Accounts of regularization	0	0%	0	0%	29,829
Total Assets	34,959,787	-21.5 %	44,557,044	7.7 %	41,370,702

Passive account

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Shareholders' equity	18,802,639	4.8 %	17,941,013	23.2 %	14,562,867
Share capital	428,396	0%	428,396	0%	428,396
Other capital resources	1,088,562	0%	0	0%	300,000
Risk Provisions	493,539	47.9 %	333,678	-17.4 %	404,023
Liabilities	14,540,099	-44.1 %	26,029,292	-0.3 %	26,103,705
Financial liabilities	6,812,159	-50.2 %	13,689,562	-15.8 %	16,267,042
Advanced payments received	0	0%	0	0%	0
Trade account payables	4,086,863	-46.2 %	7,598,467	26.7 %	5,997,583
Tax and social liabilities	0	0%	0	0%	2,194,654
Other debts and fixed assets liabilities	3,641,077	-23.2 %	4,741,263	447.9 %	865,428
Account regularization	0	0%	0	0%	778,998
Total liabilities	34,959,786	-21.5 %	44,557,044	7.7 %	41,370,705

Results

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Sales of Goods	16,571,663	-73.4 %	62,395,369	20.8 %	51,663,614
Net turnover	14,925,635	-74.9 %	59,522,956	17.4 %	50,705,747
of which net export turnover	0	0%	0	0%	0
Operating charges	15,632,459	-73.4 %	58,765,274	21.9 %	48,213,333
Operating profit/loss	939,204	-74.1 %	3,630,095	5.2 %	3,450,281
Financial income	0	0%	0	0%	1,348,774
Financial charges	133,554	-78.9 %	631,498	-65.6 %	1,838,047
Financial profit/loss	-133,554	78.9 %	-631,498	-29.1 %	-489,273
Pretax net operating income	805,650	-73.1 %	2,998,597	1.3 %	2,961,008
Extraordinary income	0	0%	0	0%	36,359
Extraordinary charges	131,430	-91.3 %	1,518,386	300.5 %	379,082
Extraordinary profit/loss	-131,430	91.3 %	-1,518,386	-343.0 %	-342,723

Consolidation

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Net result before amortisation of goodwill	994,390	171.2 %	-1,396,859	-165.3 %	2,137,657
Goodwill amortisation allocation	-62,331	-104.0 %	1,572,270	589.4 %	-321,256
Net result of equity affiliates companies	0	0%	0	0%	0
Net result of integrated companies	0	0%	0	0%	0
Group result (consolidated net result)	932,059	431.4 %	175,411	-90.3 %	1,816,401
Share of minority interest (Result except group)	-30,949	-229.9 %	23,829	4743.3 %	492
Net result - group share (part of parent company)	963,007	535.3 %	151,582	-91.7 %	1,815,909

Accounts – Active

Normal Account

			31/12/2013		30/06/2013		30/06/2010
Account period (month)			6		12		12

Grand Total - Active Accounts (I to VI)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Grand Total (I to VI)	Net	34,959,787	-21.5 %	44,557,044	7.7 %	41,370,702
Gross	CO	45,942,122	-28.9 %	64,640,343	14.9 %	56,276,355
Amortisation	1A	10,982,335	-45.3 %	20,083,299	34.7 %	14,905,653

Capital subscribed not called (I)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Capital suscribed not called (I)	AA3		0	0%	0	0%	0

Active fixed asset (II)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Active fixed asset (II)	Net	15,725,302	-11.1 %	17,680,995	-3.5 %	18,325,375
Gross	BJ	26,501,892	-29.6 %	37,623,348	21.4 %	30,994,759
Amortisation	BK	10,776,590	-46.0 %	19,942,353	57.4 %	12,669,384

Intangible fixed assets

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Start-up cost	Net	0	0%	0	0%	0
Gross	AB	0	0%	0	0%	0
Amortisation	AC	0	0%	0	0%	0
R&D expenses	Net	0	0%	0	0%	128,692
Gross	CX	0	0%	0	0%	2,765,735
Amortisation	CQ	0	0%	0	0%	2,637,043
Distributorships, patents	Net	0	0%	0	0%	4,686,660
Gross	AF	0	0%	0	0%	4,900,586
Amortisation	AG	0	0%	0	0%	213,926
Goodwill	Net	0	0%	0	0%	38,113
Gross	AH	0	0%	0	0%	38,113
Amortisation	AI	0	0%	0	0%	0
Other intangible fixed assets	Net	4,780,210	-31.3 %	6,960,187	0%	0
Gross	AJ	8,137,334	-30.0 %	11,619,930	0%	0
Amortisation	AK	3,357,124	-28.0 %	4,659,743	0%	0
Pre-payments and downpayments	Net	0	0%	0	0%	0
Gross	AL	0	0%	0	0%	0
Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible asset	Net	4,780,210	-31.3 %	6,960,187	43.4 %	4,853,465

Tangible fixed assets

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Acquisition difference	Net	1,081,118	-25.4 %	1,448,754	-28.9 %	2,038,841
Gross	A11	1,841,217	-63.1 %	4,984,271	43.8 %	3,465,787
Amortisation	A12	760,099	-78.5 %	3,535,517	147.8 %	1,426,946
Goodwill	Net	0	0%	0	0%	0
Gross	A21	0	0%	0	0%	0
Amortisation	A22	0	0%	0	0%	0
Difference from the first consolidation	Net	0	0%	0	0%	0
Gross	A31	0	0%	0	0%	0
Amortisation	A32	0	0%	0	0%	0
Lands	Net	0	0%	0	0%	212,947
Gross	AN	0	0%	0	0%	212,947
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	0	0%	0	0%	4,378,157
Gross	AP	0	0%	0	0%	5,888,101
Amortisation	AQ	0	0%	0	0%	1,509,944
Plant	Net	0	0%	0	0%	4,931,220
Gross	AR	0	0%	0	0%	10,012,919
Amortisation	AS	0	0%	0	0%	5,081,699
Other tangible fixed assets	Net	6,321,523	-26.7 %	8,619,361	671.0 %	1,117,879
Gross	AT	12,980,890	-36.3 %	20,366,454	602.8 %	2,897,795
Amortisation	AU	6,659,367	-43.3 %	11,747,093	560.0 %	1,779,916
Fixed assets in construction	Net	0	0%	0	0%	553,473
Gross	AV	0	0%	0	0%	553,473
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	7,402,641	-26.5 %	10,068,115	-23.9 %	13,232,517

Financial assets

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	0	0%	0	0%	33,103
Gross	CU	0	0%	0	0%	33,103
Amortisation	CV	0	0%	0	0%	0
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	206,290
Gross	BF	0	0%	0	0%	226,200
Amortisation	BG	0	0%	0	0%	19,910
Other financial assets	Net	3,542,451	442.7 %	652,693	0%	0
Gross	BH	3,542,451	442.7 %	652,693	0%	0
Amortisation	BI	0	0%	0	0%	0
Other financial assets	Net	0	0%	0	0%	0
Gross	A41	0	0%	0	0%	0
Amortisation	A42	0	0%	0	0%	0
Sub Total Financial assets	Net	3,542,451	442.7 %	652,693	172.6 %	239,393

Current Assets (III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Assets	Net	19,234,487	-28.4 %	26,876,049	16.8 %	23,015,498
Gross	CJ	19,440,232	-28.0 %	27,016,995	7.0 %	25,251,767
Amortisation	CK	205,745	46.0 %	140,946	-93.7 %	2,236,269

Stocks

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Raw materials	Net	3,757,759	0%	0	0%	2,190,740
Gross	BL	3,788,164	0%	0	0%	2,190,740
Amortisation	BM	30,405	0%	0	0%	0
Work in progress (goods)	Net	0	-	-	-	168,822
Gross	BN	0	0%	0	0%	168,822
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	-	-	-	0
Gross	BP	0	-	-	-	0
Amortisation	BQ	0	-	-	-	0
Semi-finished and finished products	Net	0	-	-	-	705,687
Gross	BR	0	-	-	-	705,687
Amortisation	BS	0	-	-	-	0
Goods for resale	Net	0	-	-	-	3,527,296
Gross	BT	0	-	-	-	3,728,259
Amortisation	BU	0	-	-	-	200,963
Sub Total Stocks	Net	3,757,759	-	-	-	6,592,545

Advance payments to suppliers

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Advance payments to suppliers	Net	0	-	-	-	0
Gross	BV	0	-	-	-	0
Amortisation	BW	0	-	-	-	0

Debtors

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Trade accounts receivable	Net	3,306,099	-	-	-	9,303,714
Gross	BX	3,481,439	-	-	-	9,701,881
Amortisation	BY	175,340	-	-	-	398,167
Other debtors	Net	6,896,680	-	-	-	3,632,018
Gross	BZ	6,896,680	-	-	-	5,269,157
Amortisation	CA	0	-	-	-	1,637,139
Capital subscribed and called up	Net	0	-	-	-	0
Gross	CB	0	-	-	-	0
Amortisation	CC	0	-	-	-	0
Sub Total debtors	Net	10,202,779	-	-	-	12,935,732

Divers

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Investment securities	Net	3,524,216	-	-	-	1,155,584
Gross	CD	3,524,216	-	-	-	1,155,584
Amortisation	CE	0	-	-	-	0
Cash and cash equivalents	Net	1,749,733	-60.0 %	4,371,869	117.9 %	2,006,791
Gross	CF	1,749,733	-60.0 %	4,371,869	117.9 %	2,006,791
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	0	0%	0	0%	0

Prepaid expenses

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Prepaid expenses	Net	0	0%	0	0%	324,846
Gross	CH	0	0%	0	0%	324,846
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Expenses of loan issue to be spread	CW3	0	0%	0	0%	29,829
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Currency differential gain	CN3	0	0%	0	0%	0

References

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	0	0%	0	0%	0

Accounts – Passive

Grand Total - Passive Accounts (I to IV)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Grand Total (I to IV)	EE		34,959,786	-21.5 %	44,557,044	7.7 %	41,370,705

Shareholder Equity (I)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total shareholders' equity (Total I)	DL	18,802,639	4.8 %	17,941,013	23.2 %	14,562,867
Equity and shareholders' equity	DA	428,396	0%	428,396	0%	428,396
Issue and merger premiums	DB	22,118,122	0%	22,118,122	0.0 %	22,118,123
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	0	0%	0	0%	0
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	0	0%	0	0%	0
Other reserves	DG	-4,685,699	-5.1 %	-4,459,902	54.4 %	-9,771,846
Profits or losses brought forward	DH	0	0%	0	0%	0
Conversion differences	P1	-21,186	92.9 %	-297,184	-972.2 %	-27,717
Net result - group part	P2	963,006	535.3 %	151,581	-91.7 %	1,815,911
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total other capital resources (Total II)	DO	1,088,562	0%	0	0%	300,000
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0
Others	P3	1,088,562	0%	0	0%	300,000

Provisions for risks and charges (III)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total provisions for risks and charges (Total III)	DR	493,539	47.9 %	333,678	-17.4 %	404,023
Conversion differences	P4	0	0%	0	0%	0
In reserves	P5	34,947	-84.8 %	229,232	214135.5 %	107
In results	P6	0	0%	23,829	0%	0
Total III	P7	34,947	-86.2 %	253,061	236405.6 %	107
Delayed tax	P8	0	0%	0	0%	0
Acquisition differences	P9	0	0%	0	0%	0
Risk provisions	DP	493,539	47.9 %	333,678	89.1 %	176,494
Reserves for charges	DQ	0	0%	0	0%	227,529

Liabilities (IV)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total Liabilities (Total IV)	EC	14,540,099	-44.1 %	26,029,292	-0.3 %	26,103,705
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	6,812,159	-50.2 %	13,689,562	-15.8 %	16,267,042
Sundry loans and financial liabilities	DV	0	0%	0	0%	0
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	0	0%	0	0%	0
Trade accounts payables	DX	4,086,863	-46.2 %	7,598,467	26.7 %	5,997,583
Tax and social security liabilities	DY	0	0%	0	0%	2,194,654
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	3,641,077	-23.2 %	4,741,263	447.9 %	865,428

Translation loss (V)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Translation loss (Total V)	ED		0	0%	0	0%	0

Equalization accounts

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Deferred income	EB		0	0%	0	0%	778,998

References

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	0	0%	0	0%	0
Of which current bank facilities	EH	0	0%	0	0%	0

Result account

1- Operating result (I-II)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Operating result (Total I-II)	GG		939,204	-74.1 %	3,630,095	5.2 %	3,450,281

2 - Financial result (V - VI)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Financial result (Total V-VI)	GV		-133,554	78.9 %	-631,498	-29.1 %	-489,273

3 - Pre-tax net operating income result (I - VI)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW		805,650	-73.1 %	2,998,597	1.3 %	2,961,008

4 - Extraordinary result (VII-VIII)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Extraordinary result (Total VII-VIII)	HI		-131,430	91.3 %	-1,518,386	-343.0 %	-342,723

Consolidation

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Delayed tax	R1	0	0%	0	0%	71,175
Net result before amortisation of acquisition differences	R2	994,390	171.2 %	-1,396,859	-165.3 %	2,137,657
Endowment to amortisation of acquisition differences	R3	-62,331	-104.0 %	1,572,270	589.4 %	-321,256
Net result of companies set in equivalence	R4	0	0%	0	0%	0
Net result of integrated companies	R5	0	0%	0	0%	0
Group result (consolidated net result)	R6	932,059	431.4 %	175,411	-90.3 %	1,816,401
Cross-reference : equipment leasing	R7	-30,949	-229.9 %	23,829	4743.3 %	492
Cross-reference : property leasing	R8	963,007	535.3 %	151,582	-91.7 %	1,815,909

Operating income (I)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total operating income (Total I)	FR		16,571,663	-73.4 %	62,395,369	20.8 %	51,663,614

Operating income (details)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Sale of goods for resale	FC	0	0%	59,522,956	0%	0
France	FA	0	0%	59,522,956	0%	0
Export	FB	0	0%	0	0%	0
Sale of goods produced	FF	14,925,635	0%	0	0%	0
France	FD	14,925,635	0%	0	0%	0
Export	FE	0	0%	0	0%	0
Sale of services	FI	0	0%	0	0%	50,705,747
France	FG	0	0%	0	0%	50,705,747
Export	FH	0	0%	0	0%	0
Net turnover	FL	14,925,635	-74.9 %	59,522,956	17.4 %	50,705,747
France	FJ	14,925,635	-74.9 %	59,522,956	17.4 %	50,705,747
Export	FK	0	0%	0	0%	0
Stocked production	FM	0	0%	0	0%	0
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	0	0%	0	0%	0
Release of reserves and provisions	FP	0	0%	0	0%	367,172
Other income	FQ	1,646,028	-42.7 %	2,872,413	386.3 %	590,695

Operating charges (II)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total operating charges (Total II)	GF		15,632,459	-73.4 %	58,765,274	21.9 %	48,213,333

Exploitation charges

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Purchase of goods for resale	FS	0	0%	46,868,800	0%	0
Change in stocks of goods for resale	FT	0	0%	0	0%	0
Purchase of raw materials	FU	11,463,354	0%	0	0%	37,619,377
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	41,571	-88.2 %	353,722	34.4 %	263,255
Tax, duty and similar payments	FX	379,654	-22.3 %	488,929	-4.0 %	509,317
Payroll	FY	2,817,263	-70.6 %	9,581,063	26.8 %	7,557,257
Social security costs	FZ	0	0%	0	0%	0

Depreciation

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Depreciation of fixed assets	GA	930,617	-36.8 %	1,472,760	-35.0 %	2,264,127
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Other charges	GE		0	0%	0	0%	0

Operating charges (III-IV)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total financial income (Total V)	GP	0	0%	0	0%	1,348,774
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	39,144
Other interest and similar income	GL	0	0%	0	0%	35,407
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	0	0%	0	0%	1,274,223
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial charge (VI)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total financial charge (Total VI)	GU	133,554	-78.9 %	631,498	-65.6 %	1,838,047
Financial reserves and provisions	GQ	0	0%	0	0%	177,886
Interest and similar charges	GR	133,554	-78.9 %	631,498	-19.4 %	783,578
Exchange losses	GS	0	0%	0	0%	876,583
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total extraordinary income (Total VII)	HD	0	0%	0	0%	36,359
Extraordinary operating income	HA	0	0%	0	0%	0
Extraordinary income from capital transactions	HB	0	0%	0	0%	36,359
Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Total extraordinary charges (Total VIII)	HH	131,430	-91.3 %	1,518,386	300.5 %	379,082
Extraordinary operating charges	HE	131,430	-91.3 %	1,518,386	0%	0
Extraordinary charges from capital transactions	HF	0	0%	0	0%	379,082
Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Employee profit sharing (Total IX)	HJ		0	0%	0	0%	0

Tax on profits (X)

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Tax on profits (Total X)	HK		-320,170	-15.4 %	-277,471	-167.8 %	409,449

References

		31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0

Ratios

Structure and Liquidity

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Fixed Asset Financing	1.43	3.6 %	1.38	-3.5 %	1.43
Global Debt	175.35 days	11.4 %	157.43 days	-15.1 %	185.33 days
Working Capital Fund overall net	138.35 days	60.1 %	86.39 days	-7.9 %	93.78 days
Financial independence	276.02 %	110.6 %	131.06 %	80.7 %	72.52 %
Solvability	56.90 %	41.3 %	40.27 %	12.1 %	35.93 %

Management or rotation

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Need background in operating working capital	75.16 days	-	-	-	74.34 days
Treasury	63.60 days	-	-	-	22.45 days
Inventory turnover of goods	0.00 days	-	-	-	0.00 days
Inventory turnover of raw materials in industrial enterprises	118.97 days	0%	0.00 days	0%	20.96 days
Inventory turnover of intermediate and finished products in the industrial enterprise	0.00 days	0%	0.00 days	0%	0.00 days

Profitability of the business

	31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Margin trading	0.00 %	0%	59,522,877.26 %	0%	0.00 %
Profitability of the business	1.50 %	-60.0 %	3.75 %	-60.0 %	9.38 %
Rates integration	22.92 %	10.9 %	20.67 %	-18.3 %	25.29 %
Rate leasing furniture	0.00 %	0%	0.00 %	0%	0.00 %
Weight interests	0.89 %	-16.0 %	1.06 %	-70.7 %	3.62 %

Return on capital

			31/12/2013	Variation	30/06/2013	Variation	30/06/2010
Rates of economic profitability			0.84 %	-88.1 %	7.05 %	-53.9 %	15.28 %

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.66.09
UK Pound	1	Rs.101.04
Euro	1	Rs.70.86

INFORMATION DETAILS

Analysis Done by :	KAS

Report Prepared by :	ASH

RATING EXPLANATIONS

RATING		STATUS	PROPOSED CREDIT LINE
>86	Aaa	Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums	Unlimited
71-85	Aa	Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums	Large
56-70	A	Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums	Fairly Large
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small
11-25	Ca	Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity	Limited with full security
<10	C	Absolute credit risk exists. Caution needed to be exercised	Credit not recommended
--	NB	New Business	--

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

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

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

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

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

MIRA INFORM REPORT

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