MIRA INFORM REPORT

 

 

Report No. :

349721

Report Date :

25.11.2015

 

IDENTIFICATION DETAILS

 

Name :

TECHNOFLEX

 

 

Registered Office :

Zone Artisanale Bassilour 64210 Bidart

 

 

Country :

France

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

January 1972

 

 

Legal Form :

Plc with management board

 

 

Line of Business :

Manufacture of plastic packaging

 

 

No. of Employee :

283 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

Payment Behaviour :

No complaints

 

 

Litigation :

Clear

 

 

NOTES :

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

 

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

France

A1

A1

 

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 and summary

 

Name

TECHNOFLEX

Acronym

-

Trade name

-

Status

Economically active

Postal Address

TECHNOFLEX
ZONE ARTISANALE BASSILOUR
64210 BIDART

Share Capital

2,774,200 Euros

Telephone

05 59 54 73 70

Activity (APE) 

Manufacture of plastic packaging (2222Z)

RCS Registration

RCS Bayonne B 722 721 339

Formation Date

01/1972

EUR VAT Number

FR47722721339

Deregistration Date

-

Last account Date

31/12/2014

Court Registry Number

19 7 2B00133

Incorporiation Date

09/1972

Registration Court

Bayonne (64)

Fax

-

Nationality

France

Legal form

Plc with management board

Currency

Euros

 

 

Key Financials

 

Year to date

Turnover

Gross operating surplus

Shareholder's equity

Net result

Employees

31/12/2014

27,418,657 €

6.29% Turnover

15,018,670 €

1,315,588 €

283 employees

31/12/2013

27,303,827 €

5.50% Turnover

14,239,357 €

1,656,244 €

283 employees

31/12/2012

32,051,649 €

8.08% Turnover

12,810,762 €

641,995 €

200 to 249 employees

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Directors

 

Current Directors

2

 

 

Ultimate Holding Company

 

Name

Country

Company Number

UHABIA

489631226

Affiliation links.

 

 

Judgment and Preferential

 

Judgment

No judgement

Preferential Right

No social security and tax office preferential right to date

 

 

Establishment Details

 

Type of Establishment

Single (translated to H)

Production Role

-

APE/NAF Code

2222Z

Activity

 
Manufacture of plastic packaging

Formation Date

01/1900

Reason for Formation

Formation

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

ZONE ARTISANALE BASSILOUR
64210 BIDART

Department

Pyrénées-Atlantiques (64)

Location Surface

-

District

1

City

BIDART

Status

Economically active

Business Pages FT®

-

Region

Aquitaine

Area

34

Size of Urban Area

Urban unit with 100 000 to 199 999 inhabitants

 

 

Ultimate Parent(s)

 

1 ultimate parent company/companies for this company

 

Company Name

Activity (APE)

APE/NAF Code

City

Post Code

UHABIA

 
Activities of holding companies

6420Z

BIDART

64210

 

 

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

1 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

TECHNOFLEX

Head Office

2222Z

Manufacture of plastic packaging

BIDART

64210

TECHNOFLEX

Branch

252C

Manufacture of plastic packaging

LE BLANC

36300

 

 

Workforces

 

Workforce at address

200 to 249 employees

Company workforce

200 to 249 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 stock to turnover ratio is 17.79

The sales to current assets ratio is 1.63

High risk workforce size

The return on total assets employed is 4.85

The pre-tax profit is 1,150,834 €

The net turnover is 27,418,657 €

The net current assets are 16,837,569 €

The liabilities are 8,619,432 €

The company has 2 director(s)

The risk provisions are 6,000 €

Department code with low risk rating

Industry code with low risk rating

The total assets are 23,747,102 €

The decrease in the gearing percentage over the last two accounting periods is 29 %

The creditor days are 18.24

The ratio total assets to total liabilities is 2.75

The shareholder's equity is 15,018,670 €

 

 

Industry comparison

 

Activity (APE)

 
Manufacture of plastic packaging

 (2222Z)

Industry average credit rating

49

Industry average credit limit

98,336

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

 

Company monitored since

25/06/2013

Status of Monitoring

No social security and tax office preferential right to date

 

 

Group Data

 

Ultimate parent company

UHABIA

Direct parent

UHABIA - 57 %

Group – Number of companies

3

Linkages – Number of companies

-

Number of countries

-

 

 

 

Name

SIREN

Parts

Last account published

1

UHABIA

489631226

-

30/06/2014

2

TECHNOFLEX

722721339

57 %

31/12/2014

3

ARRANOA

348222159

98.33 %

-

HPBIOTECH

533667077

10.80 %

30/09/2013

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. CURUTCHARRY JEAN

Manager position

President of the supervisory council

Date of birth

11/04/1945

Place of birth

SAINT-ETIENNE-DE-BAIGORRY (64)

Type

Individual

Name at birth

Name

M. CHESNOY OLIVIER

Manager position

President

Date of birth

07/11/1958

Place of birth

MEKNÈS(MAROC)

Type

Individual

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

Managing director

M. CHAPPAZ JEAN-JACQUES

18/04/1951 - FRIEDRICHSHAFEN ALLEMAGNE

Managing director

CHAPPAZ JEAN-JACQUES

18/04/1951 - FRIEDRICHSHAHEN(ALLEMAGNE)

Managing director

CHAPPAZ JEAN-JACQUES

18/04/1951 - FRIEDRICHSHAHEN(ALLEMAGNE)

Managing director

M. CHAPPAZ JEAN

18/04/1951 - FRIEDRICHSHAFEN ALLEMAGNE

Managing director

M. CHESNOY OLIVIER

07/11/1958 - MEKNÈS(MAROC)

Vice-president

M. DUBES ROGER

10/06/1948 - ROQUEFORT (40)

President of the management board

M. CURUTCHARRY JEAN

11/04/1945 - SAINT ETIENNE DE BAIGORRY

President of the management board

CURUTCHARRY JEAN

11/04/1945 - SAINT-ETIENNE-DE-BAIGORRY (64)

President of the management board

CURUTCHARRY JEAN

11/04/1945 - SAINT-ETIENNE-DE-BAIGORRY (64)

President of the management board

M. DESTENBERT PHILIPPE

02/06/1952 - LILLE (59)

President of the supervisory council

M. BORDES JEAN

08/05/1950 - BAYONNE

President of the supervisory council

M. CAPDEVIELLE JEAN-PIERRE

21/07/1950 - NAVARRENX (64)

President of the supervisory council

M. CURUTCHARRY JEAN

11/04/1945 - SAINT-ETIENNE-DE-BAIGORRY (64)

President of the supervisory council

M. NOGUERA JEAN

09/01/1947 - PORT-DE-LANNE (40)

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

14/10/2015

Bodacc C

Comptes consolidés et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

6614 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.

11/08/2015

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

14539 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.

27/08/2014

Bodacc C

Comptes consolidés et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

9488 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

16/07/2014

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

7896 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

30/10/2013

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

7854 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

14/10/2013

Bodacc C

Comptes consolidés et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

10451 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

19/10/2012

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

9725 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

19/10/2012

Bodacc C

Comptes annuels, consolidés et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

9726 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

16/10/2012

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

1719 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Administration : Membre et président du conseil de surveillance : CURUTCHARRY Jean Membre et vice-président du conseil de surveillance : PONLOT Nicole né(e) GRALLAN Membre du Conseil de Surveillance : NEM INVEST (SAS) représenté par GIRARDIN Eric Membre du Conseil de Surveillance : MALLET Jacques Membre du Conseil de Surveillance : DOULEAU Didier Président et membre du directoire : CHESNOY Olivier Membre du Directoire : SOULE-SUSBIELLE Jean-François Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe. Activité : .
Commentaires : Modification survenue sur l'administration.

19/09/2012

JAL

Appointment of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Date de décision : 28/06/2012
Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Didier DOULEAU, 33115 PYLA SUR MER
En la fonction de : Membre du Conseil de Surveillance
Nominé : Monsieur Jacques MALLET, 78112 FOURQUEUX
En la fonction de : Membre du Conseil de Surveillance

26/06/2012

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

1161 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Administration : Membre et président du conseil de surveillance : CURUTCHARRY Jean Président et membre du directoire : CHESNOY Olivier Membre et vice-président du conseil de surveillance : PONLOT Nicole né(e) GRALLAN Membre du Conseil de Surveillance : NEM INVEST (SAS) représenté par GIRARDIN Eric Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe Membre du Directoire : SOULE-SUSBIELLE Jean-François. Activité : .
Commentaires : Modification survenue sur l'administration.

20/06/2012

JAL

Resignation / Revocation of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Date de décision : 24/05/2012
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Monsieur Roger DUBES,
De Monsieur Jean NOGUERA,
De Monsieur Roger DUBES

20/06/2012

JAL

Appointment of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Date de décision : 24/05/2012
Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Madame Nicole PONLOT
En la fonction de : Vice-Pdt du Conseil de Surveillance
Nominé : Monsieur Jean-François SOULÈ-SUSBIELLE, 40200 MIMIZAN
En la fonction de : Membre du Directoire

12/04/2012

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

2839 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et conseil de surveillance. Administration : Membre et président du conseil de surveillance : CURUTCHARRY Jean Vice-président et membre du conseil de surveillance : DUBES Roger Président et membre du directoire : CHESNOY Olivier Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN Membre du Conseil de Surveillance : NOGUERA Jean Membre du Conseil de Surveillance : NEM INVEST (SAS) représenté par GIRARDIN Eric Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe. Activité : .
Commentaires : Modification survenue sur l'administration.

21/03/2012

JAL

Resignation / Revocation of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Date de décision : 15/02/2012
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Monsieur Philippe DESTENBERT

12/10/2011

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

2674 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Membre du Directoire : DESTENBERT Philippe Membre et président du conseil de surveillance : CURUTCHARRY Jean Vice-président et membre du conseil de surveillance : DUBES Roger Président et membre du directoire : CHESNOY Olivier Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN Membre du Conseil de Surveillance : NOGUERA Jean Membre du Conseil de Surveillance : NEM INVEST (SAS) représenté par GIRARDIN Eric Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe. Activité : .
Commentaires : Modification survenue sur l'administration.

21/09/2011

JAL

Appointment of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Olivier CHESNOY, 64310 ST PEE SUR NIVELLE
En la fonction de : Président du Directoire
Date d'effet : 08/09/2011

21/09/2011

JAL

Resignation / Revocation of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Date de décision : 08/09/2011
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Monsieur Philippe DESTENBERT
Monsieur Bernard MULLER
Date d'effet : 08/09/2011

10/08/2011

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

2588 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Membre et président du directoire : DESTENBERT Philippe Membre et président du conseil de surveillance : CURUTCHARRY Jean Vice-président et membre du conseil de surveillance : DUBES Roger Directeur général : CHESNOY Olivier Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN Membre du Conseil de Surveillance : NOGUERA Jean Membre du Directoire : MULLER Bernard Membre du Conseil de Surveillance : NEM INVEST (SAS) représenté par GIRARDIN Eric Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe. Activité : .
Commentaires : Modification survenue sur l'administration.

20/07/2011

JAL

Appointment of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Olivier CHESNOY, 64310 ST PEE SUR NIVELLE
En la fonction de : Membre du Directoire
Nominé : Monsieur Olivier CHESNOY, 64310 ST PEE SUR NIVELLE
En la fonction de : Directeur général
Date d'effet : 04/07/2011

26/01/2011

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

2412 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Membre et président du directoire : DESTENBERT Philippe Membre et président du conseil de surveillance : CURUTCHARRY Jean Vice-président et membre du conseil de surveillance : DUBES Roger Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN Membre du Conseil de Surveillance : NOGUERA Jean Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe Membre du Conseil de Surveillance : NEM INVEST (SAS) représenté par GIRARDIN Eric Membre du Directoire : MULLER Bernard. Activité : .
Commentaires : Modification survenue sur l'administration.

04/01/2011

JAL

Resignation / Revocation of the social representative

Petites Affiches Béarnaises et des Pyrénées-Atlantiques (Les)


Date de décision : 16/12/2010
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Date d'effet : 22/12/2010

30/12/2010

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

888 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Président du Directoire : CURUTCHARRY Jean Directeur général et membre du directoire : CHAPPAZ Jean-Jacques Membre du Directoire : PONLOT Jacques Vice-président et membre du conseil de surveillance : DUBES Roger Membre du Conseil de Surveillance : BORDES Jean Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN Membre et président du conseil de surveillance : NOGUERA Jean Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe Membre du Conseil de Surveillance : NEM INVEST (SAS) représenté par GIRARDIN Eric. Activité : .
Commentaires : Modification survenue sur l'administration.

08/12/2010

JAL

Appointment of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Jean NOGUERA
En la fonction de : Président du Conseil de Surveillance
Nominé :
En la fonction de : Membre du Conseil de Surveillance
Date d'effet : 20/10/2010

08/12/2010

JAL

Resignation / Revocation of the social representative

Petites affiches du pays basque et des pyrénées (Les)


Date de décision : 20/10/2010
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Date d'effet : 20/10/2010

12/10/2010

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

1044 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Directeur général et membre du directoire : CHAPPAZ Jean-Jacques Président du Directoire : CURUTCHARRY Jean Membre du Directoire : PONLOT Jacques Président et membre du conseil de surveillance : CAPDEVIELLE Jean-Pierre Vice-président et membre du conseil de surveillance : DUBES Roger Membre du Conseil de Surveillance : BORDES Jean Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN Membre du Conseil de Surveillance : NOGUERA Jean Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François Commissaire aux comptes suppléant : LASSALLE Jean-François Commissaire aux comptes suppléant : WALTER Philippe.
Commentaires : Modification survenue sur l'administration.

22/09/2010

JAL

Appointment of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Roger DUBES, 25 RUE GEORGES HENNEBUTTE, 64200 BIARRITZ

22/09/2010

JAL

Appointment of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Jean Pierre CAPDEVIELLE
En la fonction de : Membre du conseil de surveillance

22/09/2010

JAL

Appointment of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Roger DUBES, 25 RUE GEORGES HENNEBUTTE, 64200 BIARRITZ
En la fonction de : Membre du conseil de surveillance

22/09/2010

JAL

Appointment of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Monsieur Jean BORDES, 462 CHEMIN DU DONJON, 40300 PEYREHORADE
En la fonction de : Membre du conseil de surveillance

22/09/2010

JAL

Appointment of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Madame Nicole PONLOT, 1 CHEMIN MANCHULAS, 64210 BIDART
En la fonction de : Membre du conseil de surveillance

22/09/2010

JAL

Appointment of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Société faisant l'objet d'une nomination : 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Nominé : Madame Nicole PONLOT, 1 CHEMIN MANCHULAS, 64210 BIDART
En la fonction de : Président du Conseil de Surveillance

22/09/2010

JAL

Resignation / Revocation of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Date de décision : 25/06/2010
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Monsieur Jean BORDES

22/09/2010

JAL

Resignation / Revocation of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Date de décision : 25/06/2010
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Madame Anne Marie CURUTCHARRY

22/09/2010

JAL

Resignation / Revocation of the social representative

LES PETITES AFFICHES DU PAYS BASQUE ET DES PYRENEES ATL.


Date de décision : 25/06/2010
La société 722721339 - TECHNOFLEX, ZONE ARTISANALE BASSILOUR, 64210 BIDART
Fait l'objet du départ de Madame Nicole PONLOT

10/09/2010

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

11002 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

10/09/2010

Bodacc C

Comptes annuels, consolidés et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

11003 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

08/08/2009

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

6803 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

08/08/2009

Bodacc C

Comptes annuels, consolidés et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

6804 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : Zone Artisanale 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

28/07/2009

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

1907 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Directeur général et membre du directoire : CHAPPAZ Jean-Jacques. Président et membre du conseil de surveillance : BORDES Jean. Président du Directoire : CURUTCHARRY Jean. Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS. Commissaire aux comptes titulaire : KPMG (SACA) représenté par RIO Jean-François. Commissaire aux comptes suppléant : LASSALLE Jean-François. Commissaire aux comptes suppléant : WALTER Philippe. Membre du Directoire : PONLOT Jacques. Membre du Conseil de Surveillance : CURUTCHARRY Anne-Marie né(e) BORDES. Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN. Membre du Conseil de Surveillance : PONLOT Karine.
Commentaires : Modification survenue sur l'administration.

11/08/2008

Bodacc C

Comptes annuels et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

6690 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : Zone Artisanale, 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

11/08/2008

Bodacc C

Comptes consolidés et rapports

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

6691 - 722721339 RCS. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : Zone Artisanale, 64210 Bidart. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

27/07/2008

Bodacc B

Modification et mutation diverse

64 - PYRENEES-ATLANTIQUES

GREFFE DU TRIBUNAL DE COMMERCE DE BAYONNE

1381 - 722 721 339 RCS Bayonne. TECHNOFLEX. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Directeur général et membre du directoire : CHAPPAZ Jean-JacquesPrésident et membre du conseil de surveillance : BORDES Jean. Président du Directoire : CURUTCHARRY Jean. Commissaire aux comptes titulaire : CABINET D'AUDIT CHRISTIAN SABAROTS. Commissaire aux comptes suppléant : LASSALLE Jean-François. Membre du Directoire : PONLOT Jacques. Membre du Conseil de Surveillance : CURUTCHARRY Anne-Marie né(e) BORDES. Commissaire aux comptes titulaire : LARREGLE Philippe. Commissaire aux comptes suppléant : IRATCHET Bernard. Membre du Conseil de Surveillance : PONLOT Nicole né(e) GRALLAN. Membre du Conseil de Surveillance : PONLOT Karine.
Commentaires : Modification survenue sur l'administration.

08/08/2007

Bodacc C

Avis de dépôt des comptes

6720 - 722 721 339. RCS Bayonne TECHNOFLEX. Forme: Société anonyme à directoire et à conseil de surveillance. Adresse du siège social: Zone Artisanale, 64210 Bidart. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

08/08/2007

Bodacc C

Avis de dépôt des comptes

6721 - 722 721 339. RCS Bayonne TECHNOFLEX. Forme: Société anonyme à directoire et à conseil de surveillance. Adresse du siège social: Zone Artisanale, 64210 Bidart. Comptes consolidés et rapport de l'exercice clos le: 31 décembre 2006.

07/07/2006

Bodacc C

Avis de dépôt des comptes

3362 - RCS Bayonne B 722 721 339. RC 72-B 133. TECHNOFLEX. Forme: SOCIETE ANONYME A DIRECTOIRE ET A CONSEIL DE SURVEILLANCE. Adresse du siège social: Zone artisanale,64210 Bidart. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

07/07/2006

Bodacc C

Avis de dépôt des comptes

3363 - RCS Bayonne B 722 721 339. RC 72-B 133. TECHNOFLEX. Forme: SOCIETE ANONYME A DIRECTOIRE ET A CONSEIL DE SURVEILLANCE. Adresse du siège social: Zone artisanale,64210 Bidart. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

10/01/2006

Bodacc B

Modifications et mutations diverses

1793 - RCS Bayonne B 722 721 339. RC 72-B 133. TECHNOFLEX. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Zone artisanale,, 64210 Commentaires : modification survenue sur l'administration. Administration : directeur général et membre du directoire : CHAPPAZ (Jean, Jacques) (Nom d'usage : CHAPPAZ). Président et membre du conseil de surveillance : BORDES (Jean) (Nom d'usage : BORDES). Président du directoire : CURUTCHARRY (Jean) (Nom d'usage : CURUTCHARRY). Membre du directoire : PONLOT (Jacques) (Nom d'usage : PONLOT). Membre du conseil de surveillance : BORDES (Anne, Marie) (Nom d'usage : CURUTCHARRY). Commissaires aux comptes titulaires : LARREGLE (Philippe) (Nom d'usage : LARREGLE) ARRIJRURIA (Daniel) (Nom d'usage : ARRIJRURIA). Commissaires aux comptes suppléants : IRATCHET (Bernard) (Nom d'usage : IRATCHET) LAZCANOTEGUI (Michel) (Nom d'usage : LAZCANOTEGUI). Membres du conseil de surveillance : GRALLAN (Nicole) (Nom d'usage : PONLOT) PONLOT (Karine) (Nom d'usage : PONLOT). Date d'effet : 25 novembre 2005.

17/05/2005

Bodacc B

Modifications et mutations diverses

2087 - RCS Bayonne B 722 721 339. RC 72-B 133. TECHNOFLEX. Forme : S.A. à directoire et conseil de surveillance. Capital : 2 774 200 euros. Adresse du siège social : Zone artisanale,, 64210 Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 18 mars 2005.

04/03/2005

Bodacc B

Modifications et mutations diverses

720 - RCS Bayonne B 722 721 339. RC 72-B 133. TECHNOFLEX. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : Z. artisanale,, 64210 Commentaires : modification survenue sur la forme juridique et l'administration. Administration : directeur général et membre du directoire : CHAPPAZ (Jean, Jacques) (Nom d'usage : CHAPPAZ). Président et membre du conseil de surveillance : BORDES (Jean) (Nom d'usage : BORDES). Membre et vice-président du conseil de surveillance : BATTNER (Lucien) (Nom d'usage : BATTNER). Président du conseil de surveillance : CURUTCHARRY (Jean) (Nom d'usage : CURUTCHARRY). Membre du directoire : PONLOT (Jacques) (Nom d'usage : PONLOT). Membre du conseil de surveillance : BORDES (Anne, Marie) (Nom d'usage : CURUTCHARRY). Commissaires aux comptes titulaires : LARREGLE (Philippe) (Nom d'usage : LARREGLE) ARRIJRURIA (Daniel) (Nom d'usage : ARRIJRURIA). Commissaires aux comptes suppléants : IRATCHET (Bernard) (Nom d'usage : IRATCHET) LAZCANOTEGUI (Michel) (Nom d'usage : LAZCANOTEGUI). Membre du conseil de surveillance : GRALLAN (Nicole) (Nom d'usage : POULOT). Date d'effet : 22 décembre 2004.

11/02/2005

Bodacc C

Avis de dépôt des comptes

4529 - RCS Bayonne B 722 721 339. RC 72-B 133. TECHNOFLEX. Forme: S.A. Adresse du siège social: Zone artisanale,64210 Bidart. Comptes annuels et rapports de l'exercice clos le: 30 juin 2004.

11/02/2005

Bodacc C

Avis de dépôt des comptes

4530 - RCS Bayonne B 722 721 339. RC 72-B 133. TECHNOFLEX. Forme: S.A. Adresse du siège social: Zone artisanale,64210 Bidart. Comptes annuels et rapports de l'exercice clos le: 30 juin 2004.

18/02/2003

Bodacc B

Modifications et mutations diverses

RCS Bayonne B 722721339 RC 72-B 133 TECHNOFLEX. Forme : S.A. Capital : 2 000 000 d'euros. Activité : transformation de matières plastiques et activités connexes ou complémentaires. Adresse du siège social : Z.A., 64210 Bidart. Administration : président du conseil d' administration et directeur général : CURUTCHARRY (Jean) ( Nom d'usage : CURUTCHARRY). Administrateurs : PONLOT ( Jacques) ( Nom d'usage : PONLOT) BORDES (Anne, Marie) ( Nom d'usage : CURUTCHARRY) PONLOT (Karine) ( Nom d' usage : PONLOT). Commissaires aux comptes titulaires : LARREGLE (Philippe) ( Nom d'usage : LARREGLE) ARRIJRURIA (Daniel) ( Nom d'usage : ARRIJRURIA). Commissaires aux comptes suppléants : IRATCHET (Bernard) ( Nom d'usage : IRATCHET) LAZCANOTEGUI (Michel) ( Nom d'usage : LAZCANOTEGUI). Directeur général délégué : PONLOT (Jacques), ancien président du conseil d' administration. Commentaires : modification survenue sur l'activité et l'administration. Approbation du traité de fusion avec la STE TECHNOFLEX INDUSTRIE,. RCS Bayonne B 335 231 155. Durée de la société prorogée de 49 ans suivant délibération du conseil d' administration. Date d'effet : 10 décembre 2002.

18/02/2001

Bodacc B

Modifications et mutations diverses

RCS Bayonne B 722721339 RC 72-B 133 TECHNOFLEX. Forme : S.A. Capital : 2 000 000 d'euros. Adresse du siège social : Z. A., 64210 Bidart. Commentaires : modification survenue sur la dénomination, le sigle (suppression), le capital (augmentation) et l' administration. Administration : président du conseil d'administration : PONLOT (Jacques) ( Nom d'usage : PONLOT). Directeur général : CURUTCHARRY (Jean) ( Nom d'usage : CURUTCHARRY). Administrateurs : BORDES ( Anne, Marie) ( Nom d'usage : CURUTCHARRY) PONLOT (Karine) ( Nom d' usage : PONLOT). Commissaires aux comptes titulaires : LARREGLE (Philippe) ( Nom d'usage : LARREGLE) ARRIJRURIA (Daniel) ( Nom d'usage : ARRIJRURIA). Commissaires aux comptes suppléants : IRATCHET (Bernard) ( Nom d'usage : IRATCHET) LAZCANOTEGUI (Michel) ( Nom d'usage : LAZCANOTEGUI). Date d'effet : 14 décembre 2000.

07/05/2000

Bodacc B

Modifications et mutations diverses

RCS Bayonne B 722721339 RC 72-B 133 SOCIETE D'APPLICATION DE BREVETS S.A.R. L. Forme : S.A.R.L. Adresse du siège social : Z.A., 64210 Bidart. Commentaires : modification survenue sur l' administration. Administration : gérant : PONLOT (Jacques) ( Nom d'usage : PONLOT). Commissaire aux comptes titulaire : LARREGLE (Philippe) ( Nom d' usage : LARREGLE). Commissaire aux comptes suppléant : IRATCHET (Bernard) ( Nom d'usage : IRATCHET). Date d'effet : 30 septembre 1996.

07/05/2000

Bodacc B

Modifications et mutations diverses

RCS Bayonne B 722721339 RC 72-B 133 SOCIETE D'APPLICATION DES BREVETS. Sigle : S.A.B. Forme : S.A. Capital : 80 096 euros. Adresse du siège social : Z.A., 64210 Bidart. Commentaires : modification survenue sur le capital (augmentation et conversion en euros) et l' administration. Transformation en S.A. Administration : président du conseil d' administration : PONLOT (Jacques) ( Nom d'usage : PONLOT). Directeur général : CURUTCHARRY (Jean) ( Nom d'usage : CURUTCHARRY). Administrateurs : BORDES ( Anne, Marie) ( Nom d'usage : CURUTCHARRY) PONLOT (Karine) ( Nom d' usage : PONLOT). Commissaire aux comptes titulaire : LARREGLE (Philippe) ( Nom d'usage : LARREGLE). Commissaire aux comptes suppléant : IRATCHET ( Bernard) ( Nom d'usage : IRATCHET). Date d'effet : 25 mars 2000.

10/01/1995

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Bayonne B 722 721 339 RC 72-B 133 SOCIETE D'APPLICATION DE BREVETS S.A.R. L. Forme : S.A.R.L. Capital : 60 000 F ( fixe). Adresse : zone artisanale, 64210 Bidart Nouvelle situation du siège social. Capital : 500 000 F. Date d'effet : 14 octobre 1994.

 

 

Company events history

 

Date

Description

14/10/2015

Bodacc C : Deposit accounts notice

11/08/2015

Bodacc C : Deposit accounts notice

25/07/2015

25/07/2015

25/07/2015

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2014

New accounts available

31/12/2014

New consolidated accounts available

06/12/2014

New participations in other companies

01/10/2014

01/10/2014

01/10/2014

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

27/08/2014

Bodacc C : Deposit accounts notice

16/07/2014

Bodacc C : Deposit accounts notice

11/07/2014

11/07/2014

11/07/2014

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2013

New accounts available

31/12/2013

New consolidated accounts available

30/10/2013

Bodacc C : Deposit accounts notice

19/10/2013

19/10/2013

14/10/2013

Bodacc C : Deposit accounts notice

18/07/2013

18/07/2013

05/07/2013

Disengagement in other companies

25/06/2013

Collection of preferential rights activated for this company

12/06/2013

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2012

New consolidated accounts available

31/12/2012

New accounts available

19/10/2012

Bodacc C : Deposit accounts notice

16/10/2012

Bodacc B: Various editing or changing

17/09/2012

Amendment

17/09/2012

Appointment/resignation of company officers

17/09/2012

Updated articles of association

17/09/2012

Minutes of general meeting of shareholders

06/07/2012

Application and court order

06/07/2012

Extension of term

28/06/2012

Legal Gazette: Appointment of the social representative

26/06/2012

Bodacc B: Various editing or changing

20/06/2012

Legal Gazette: Resignation / Revocation of the social representative

15/06/2012

Appointment/resignation of company officers

15/06/2012

Amendment

24/05/2012

Legal Gazette: Appointment of the social representative

12/04/2012

Bodacc B: Various editing or changing

21/03/2012

Legal Gazette: Resignation / Revocation of the social representative

19/03/2012

Appointment/resignation of company officers

19/03/2012

Amendment

31/12/2011

New accounts available

31/12/2011

New consolidated accounts available

12/10/2011

Bodacc B: Various editing or changing

28/09/2011

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

22/09/2011

Minutes of general meeting of shareholders

22/09/2011

Bodacc C : Deposit accounts notice

22/09/2011

Amendment

21/09/2011

Legal Gazette: Resignation / Revocation of the social representative

08/09/2011

Legal Gazette: Appointment of the social representative

10/08/2011

Bodacc B: Various editing or changing

19/07/2011

Amendment

27/06/2011

Legal Gazette: Appointment of the social representative

26/01/2011

Bodacc B: Various editing or changing

04/01/2011

Minutes of general meeting of shareholders

04/01/2011

Legal Gazette: Resignation / Revocation of the social representative

04/01/2011

Changes to the Board of Directors

04/01/2011

Amendment

31/12/2010

New accounts available

31/12/2010

New consolidated accounts available

30/12/2010

Bodacc B: Various editing or changing

14/12/2010

Minutes of general meeting of shareholders

14/12/2010

Changes to the Board of Directors

14/12/2010

Amendment

08/12/2010

Legal Gazette: Resignation / Revocation of the social representative

20/10/2010

Legal Gazette: Appointment of the social representative

12/10/2010

Bodacc B: Various editing or changing

22/09/2010

Legal Gazette: Resignation / Revocation of the social representative

20/09/2010

Minutes of general meeting of shareholders

20/09/2010

Changes to the Board of Directors

20/09/2010

Amendment

20/09/2010

Updated articles of association

10/09/2010

Bodacc C : Deposit accounts notice

13/08/2010

New shareholders detected

09/07/2010

Disengagement of the group

09/07/2010

New ultimate parent

09/07/2010

New parent detected

25/06/2010

Legal Gazette: Appointment of the social representative

22/02/2010

Update of participations in other companies

31/12/2009

New accounts available

31/12/2009

New consolidated accounts available

14/12/2009

New subsidiarie(s) detected

08/08/2009

Bodacc C : Deposit accounts notice

28/07/2009

Bodacc B: Various editing or changing

06/07/2009

Appointment/resignation of company officers

06/07/2009

Minutes of general meeting of shareholders

06/07/2009

Minutes of general meeting of shareholders

06/07/2009

New auditor

06/07/2009

Private document

06/07/2009

Updated articles of association

06/07/2009

Updated articles of association

31/12/2008

New accounts available

31/12/2008

New consolidated accounts available

11/08/2008

Bodacc C : Deposit accounts notice

27/07/2008

Bodacc B: Various editing or changing

27/07/2008

New Bodacc B ads detected

15/07/2008

Updated articles of association

15/07/2008

Updated articles of association

15/07/2008

Private document

15/07/2008

Minutes of general meeting of shareholders

15/07/2008

Minutes of general meeting of shareholders

15/07/2008

Appointment/resignation of company officers

15/07/2008

New auditor

31/12/2007

New accounts available

31/12/2007

New consolidated accounts available

31/12/2006

New consolidated accounts available

31/12/2006

New accounts available

13/06/2006

Private document

13/06/2006

Updated articles of association

13/06/2006

Minutes of general meeting of shareholders

31/12/2005

New accounts available

12/12/2005

Appointment/resignation of company officers

12/12/2005

Changes to the Board of Directors

12/12/2005

Minutes of Board meeting

12/12/2005

Private document

12/12/2005

Amendment

12/12/2005

Minutes of general meeting of shareholders

01/04/2005

Private document

01/04/2005

New closing date

01/04/2005

Minutes of general meeting of shareholders

01/04/2005

Capital increase

01/04/2005

Updated articles of association

28/01/2005

Amendment

28/01/2005

Appointment/resignation of company officers

28/01/2005

Change to the administration of a public limited company

28/01/2005

New legal form – new category

28/01/2005

Private document

28/01/2005

Updated articles of association

28/01/2005

Minutes of general meeting of shareholders

30/06/2004

New accounts available

30/06/2003

New accounts available

03/01/2003

Minutes of general meeting of shareholders

03/01/2003

Merger

03/01/2003

Extension of term

03/01/2003

Declaration of conformity

03/01/2003

Amendment

03/01/2003

Private document

03/01/2003

Updated articles of association

03/01/2003

Minutes of Board meeting

29/11/2002

Amendment

29/11/2002

Private document

29/11/2002

Audit or Management Report

06/11/2002

Private document

06/11/2002

Amendment

06/11/2002

Planned merger

03/10/2002

Application and court order

03/10/2002

Amendment

18/01/2001

Audit or Management Report

18/01/2001

Appointment/resignation of company officers

18/01/2001

Amendment

18/01/2001

Capital increase

18/01/2001

Minutes of general meeting of shareholders

18/01/2001

New auditor

18/01/2001

Private document

18/01/2001

Updated articles of association

18/01/2001

New company name

07/11/2000

Application and court order

07/11/2000

Appointment/resignation of company officers

07/11/2000

Amendment

11/04/2000

Private document

11/04/2000

New legal form – no new category

11/04/2000

New legal form – new category

11/04/2000

New closing date

11/04/2000

Minutes of general meeting of shareholders

11/04/2000

Minutes of Board meeting

11/04/2000

Updated articles of association

11/04/2000

Capital increase

11/04/2000

Appointment/resignation of company officers

11/04/2000

Amendment

11/04/2000

Conversion of equity to euro

16/03/2000

Amendment

16/03/2000

Audit or Management Report

16/03/2000

Private document

01/12/1994

Capital increase

01/12/1994

Minutes of general meeting of shareholders

01/12/1994

Updated articles of association

18/07/1994

Minutes of general meeting of shareholders

18/07/1994

Reconstitution of net assets

11/12/1992

Private document

11/12/1992

Sale of shares

11/08/1992

Private document

11/08/1992

Appointment/resignation of company officers

11/08/1992

Sale of shares

 

 

Synthesized Accounts

 

Annual Accounts

 

31/12/2014

31/12/2013

31/12/2012

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

24/07/2015

10/07/2014

20/09/2014

Activity Code

2222Z

2222Z

2222Z

Employees

283

283

0

 

 

Active account

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

6,909,533

-5.7 %

7,331,060

-25.6 %

9,847,577

583,509

1084.1 %

Intangible assets

56,513

-0.7 %

56,901

50.0 %

37,927

11,427

394.6 %

Tangible assets

4,911,663

-6.2 %

5,235,574

-30.6 %

7,548,183

452,225

986.1 %

Financial assets

1,941,353

-4.8 %

2,038,585

-9.9 %

2,261,467

7,934

24370.3 %

Net current assets

16,837,569

-3.0 %

17,355,366

5.7 %

16,415,807

2,097,871

702.6 %

Stocks

4,878,375

20.0 %

4,066,181

-0.7 %

4,094,506

600,276

712.7 %

Advanced payments

87,021

-29.2 %

122,965

376.5 %

25,805

0

0%

Receivables

8,172,369

3.4 %

7,906,631

8.8 %

7,267,621

1,003,865

714.1 %

Securities and cash

3,699,799

-29.7 %

5,259,589

4.6 %

5,027,872

175,166

2012.2 %

Prepaid expenses

-

-

-

-

-

448

-

Accounts of regularization

0

0%

0

0%

0

0

0%

Total Assets

23,747,102

-3.8 %

24,686,428

-6.0 %

26,263,385

2,916,007

714.4 %

 

 

Passive Account

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Shareholders' equity

15,018,670

5.5 %

14,239,357

11.2 %

12,810,762

1,100,778

1264.4 %

Share capital

2,774,200

0%

2,774,200

0%

2,774,200

276,083

904.8 %

Other capital resources

103,000

0%

103,000

0%

0

0

0%

Risk Provisions

6,000

-94.6 %

111,643

-84.7 %

728,750

0

0%

Liabilities

8,619,432

-15.8 %

10,232,429

-19.6 %

12,723,870

1,323,592

551.2 %

Financial liabilities

4,527,372

-23.7 %

5,929,817

-32.9 %

8,836,933

285,337

1486.7 %

Advanced payments received

204,989

-41.2 %

348,599

7.7 %

323,625

0

0%

Trade account payables

1,369,859

15.9 %

1,182,041

-8.4 %

1,289,854

479,696

185.6 %

Tax and social liabilities

2,036,917

0.1 %

2,034,419

-0.8 %

2,050,472

262,889

674.8 %

Other debts and fixed assets liabilities

441,965

-20.0 %

552,529

147.8 %

222,986

22,652

1851.2 %

Account regularization

38,326

-79.3 %

185,024

0%

0

0

0%

Total liabilities

23,747,102

-3.8 %

24,686,428

-6.0 %

26,263,385

2,916,007

714.4 %

 

 

Results

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Sales of Goods

28,477,159

-0.5 %

28,615,291

-13.7 %

33,146,709

4,770,262

497.0 %

Net turnover

27,418,657

0.4 %

27,303,827

-14.8 %

32,051,649

4,755,407

476.6 %

of which net export turnover

19,926,724

5.8 %

18,833,273

-9.8 %

20,888,072

118,676

16690.9 %

Operating charges

28,002,207

-0.1 %

28,035,363

-13.5 %

32,398,141

4,529,118

518.3 %

Operating profit/loss

474,952

-18.1 %

579,928

-22.5 %

748,568

106,607

345.5 %

Financial income

88,503

-36.5 %

139,470

3.1 %

135,236

4,860

1721.2 %

Financial charges

187,588

-36.3 %

294,456

-28.8 %

413,784

15,240

1130.9 %

Financial profit/loss

-99,085

36.1 %

-154,986

44.4 %

-278,548

-2,522

-3828.8 %

Pretax net operating income

375,867

-11.5 %

424,942

-9.6 %

470,020

109,698

242.6 %

Extraordinary income

8,422,828

22.7 %

6,866,001

171.4 %

2,530,014

18,198

46185.6 %

Extraordinary charges

7,647,862

33.0 %

5,749,757

135.7 %

2,439,925

12,595

60623.8 %

Extraordinary profit/loss

774,966

-30.6 %

1,116,244

1139.0 %

90,089

0

0%

Net result

1,315,588

-20.6 %

1,656,244

158.0 %

641,995

102,854

1179.1 %

 

 

Accounts – Active

 

Normal Account

 

31/12/2014

31/12/2013

31/12/2012

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Grand Total (I to VI)

Net

23,747,102

-3.8 %

24,686,428

-6.0 %

26,263,385

Gross

CO

45,964,576

-13.9 %

53,366,739

-8.8 %

58,494,606

Amortisation

1A

22,217,474

-22.5 %

28,680,311

-11.0 %

32,231,221

 

 

Non declared distributed capital (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

-

-

 

 

Active fixed asset (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Active fixed asset (II)

Net

6,909,533

-5.7 %

7,331,060

-25.6 %

9,847,577

Gross

BJ

28,756,793

-15.8 %

34,138,384

-15.1 %

40,205,522

Amortisation

BK

21,847,260

-18.5 %

26,807,324

-11.7 %

30,357,945

 

 

Intangible fixed assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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%

0

Gross

CX

0

0%

0

0%

0

Amortisation

CQ

0

0%

0

0%

0

Distributorships, patents

Net

56,513

-0.7 %

56,901

50.0 %

37,927

Gross

AF

246,479

-32.0 %

362,334

-1.9 %

369,249

Amortisation

AG

189,966

-37.8 %

305,433

-7.8 %

331,322

Goodwill

Net

0

0%

0

0%

0

Gross

AH

0

0%

0

0%

0

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

0

0%

0

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

56,513

-0.7 %

56,901

50.0 %

37,927

 

 

Tangilble fixed assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Lands

Net

176,535

-5.4 %

186,689

-6.1 %

198,722

Gross

AN

489,797

0.4 %

487,757

0.0 %

487,756

Amortisation

AO

313,262

4.1 %

301,068

4.2 %

289,034

Buildings

Net

552,211

-10.7 %

618,174

-9.4 %

682,195

Gross

AP

2,166,880

0.0 %

2,166,881

0.6 %

2,154,363

Amortisation

AQ

1,614,669

4.3 %

1,548,707

5.2 %

1,472,168

Plant

Net

2,728,172

-8.9 %

2,996,190

-37.7 %

4,812,916

Gross

AR

16,593,450

4.3 %

15,913,396

-26.5 %

21,665,528

Amortisation

AS

13,865,278

7.3 %

12,917,206

-23.4 %

16,852,612

Other tangible fixed assets

Net

1,317,167

3.8 %

1,268,463

-8.7 %

1,389,525

Gross

AT

7,181,251

4.6 %

6,865,877

3.0 %

6,664,839

Amortisation

AU

5,864,084

4.8 %

5,597,414

6.1 %

5,275,314

Fixed assets in construction

Net

19,937

105.6 %

9,698

-68.2 %

30,484

Gross

AV

19,937

105.6 %

9,698

-68.2 %

30,484

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

117,641

-24.8 %

156,360

-64.0 %

434,341

Gross

AX

117,641

-24.8 %

156,360

-64.0 %

434,341

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

4,911,663

-6.2 %

5,235,574

-30.6 %

7,548,183

 

 

Financial assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

1,705,720

0%

1,705,720

0.0 %

1,705,721

Gross

CU

1,705,720

-78.3 %

7,843,216

0%

7,843,216

Amortisation

CV

0

0%

6,137,496

0.0 %

6,137,495

Inter-company receivables

Net

0

0%

94,919

-70.3 %

320,000

Gross

BB

0

0%

94,919

-70.3 %

320,000

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

30,152

0%

30,152

0%

30,152

Gross

BD

30,152

0%

30,152

0%

30,152

Amortisation

BE

0

0%

0

0%

0

Loans

Net

947

-70.4 %

3,200

220.0 %

1,000

Gross

BF

947

-70.4 %

3,200

220.0 %

1,000

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

204,534

0.0 %

204,594

0%

204,594

Gross

BH

204,534

0.0 %

204,594

0%

204,594

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

1,941,353

-4.8 %

2,038,585

-9.9 %

2,261,467

 

 

Current Assets (III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Current Assets

Net

16,837,569

-3.0 %

17,355,366

5.7 %

16,415,807

Gross

CJ

17,207,782

-10.5 %

19,228,353

5.1 %

18,289,079

Amortisation

CK

370,213

-80.2 %

1,872,987

0.0 %

1,873,272

 

 

Stocks

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Raw materials

Net

2,382,190

10.6 %

2,153,359

-8.7 %

2,358,131

Gross

BL

2,649,750

10.6 %

2,394,823

-6.6 %

2,564,465

Amortisation

BM

267,559

10.8 %

241,464

17.0 %

206,334

Work in progress (goods)

Net

341,237

-6.0 %

363,156

-0.6 %

365,263

Gross

BN

341,237

-7.6 %

369,168

1.1 %

365,263

Amortisation

BO

0

0%

6,012

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

2,124,861

39.2 %

1,526,082

11.3 %

1,371,112

Gross

BR

2,193,848

34.5 %

1,631,315

9.6 %

1,488,460

Amortisation

BS

68,987

-34.4 %

105,233

-10.3 %

117,348

Goods for resale

Net

30,087

27.6 %

23,584

0%

0

Gross

BT

30,087

27.6 %

23,584

0%

0

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

4,878,375

20.0 %

4,066,181

-0.7 %

4,094,506

 

 

Advance payments to suppliers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Advance payments to suppliers

Net

87,021

-29.2 %

122,965

376.5 %

25,805

Gross

BV

87,021

-29.2 %

122,965

376.5 %

25,805

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Trade accounts receivable

Net

6,086,225

-0.7 %

6,128,644

-4.3 %

6,406,002

Gross

BX

6,119,892

-17.7 %

7,438,198

-4.0 %

7,744,868

Amortisation

BY

33,666

-97.4 %

1,309,554

-2.2 %

1,338,866

Other debtors

Net

1,937,955

18.6 %

1,634,275

130.5 %

709,101

Gross

BZ

1,937,955

5.0 %

1,844,999

100.6 %

919,825

Amortisation

CA

0

0%

210,724

0%

210,724

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

8,024,180

3.4 %

7,762,919

9.1 %

7,115,103

 

 

Divers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Investment securities

Net

1,525,414

-44.1 %

2,726,941

0.3 %

2,719,176

Gross

CD

1,525,414

-44.1 %

2,726,941

0.3 %

2,719,176

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

2,174,385

-14.1 %

2,532,648

9.7 %

2,308,696

Gross

CF

2,174,385

-14.1 %

2,532,648

9.7 %

2,308,696

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

3,699,799

-29.7 %

5,259,589

4.6 %

5,027,872

 

 

Prepaid expenses

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Prepaid expenses

Net

148,189

3.1 %

143,712

-5.8 %

152,518

Gross

CH

148,189

3.1 %

143,712

-5.8 %

152,518

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Expenses of loan issue to be spread

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

 

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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 V)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Grand Total (I to V)

EE

23,747,102

-3.8 %

24,686,428

-6.0 %

26,263,385

 

 

Shareholder Equity (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total shareholders' equity (Total I)

DL

15,018,670

5.5 %

14,239,357

11.2 %

12,810,762

Equity and shareholders' equity

DA

2,774,200

0%

2,774,200

0%

2,774,200

Issue and merger premiums

DB

6,730,777

0.0 %

6,730,778

0.3 %

6,711,015

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

277,420

0%

277,420

0%

277,420

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

0

0%

0

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

2,298,239

258.0 %

641,995

0%

0

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

0

0%

0

0%

0

Profit or loss for the period

DI

1,315,587

-20.6 %

1,656,244

158.0 %

641,995

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

1,622,445

-24.8 %

2,158,720

-10.3 %

2,406,132

 

 

Other capital resources (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total other capital resources (Total II)

DO

103,000

0%

103,000

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

103,000

0%

103,000

0%

0

 

 

Provisions for risks and charges (III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total provisions for risks and charges (Total III)

DR

6,000

-94.6 %

111,643

-84.7 %

728,750

Risk provisions

DP

6,000

-94.6 %

111,643

-84.7 %

728,750

Reserves for charges

DQ

0

0%

0

0%

0

 

 

Liabilities (IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Liabilities (Total IV)

EC

8,619,432

-15.8 %

10,232,429

-19.6 %

12,723,870

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

4,527,372

-23.4 %

5,913,858

-33.0 %

8,821,323

Sundry loans and financial liabilities

DV

0

0%

15,959

2.2 %

15,610

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

204,989

-41.2 %

348,599

7.7 %

323,625

Trade accounts payables

DX

1,369,859

15.9 %

1,182,041

-8.4 %

1,289,854

Tax and social security liabilities

DY

2,036,917

0.1 %

2,034,419

-0.8 %

2,050,472

Fixed asset liabilities

DZ

85,464

4.3 %

81,955

122.5 %

36,829

Other debts

EA

356,501

-24.2 %

470,574

152.8 %

186,157

 

 

Translation loss (V)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Translation loss (Total V)

ED

0

0%

0

0%

0

 

 

Equalization accounts

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Deferred income

EB

38,326

-79.3 %

185,024

0%

0

 

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

5,522,871

0%

0

0%

0

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

Result account

 

1 - Operating result (I-II)

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating result (Total I-II)

GG

474,952

-18.1 %

579,928

-22.5 %

748,568

 

 

2 - Financial result (V-VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Financial result (Total V-VI)

GV

-99,085

36.1 %

-154,986

44.4 %

-278,548

 

 

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Pre-tax net operating income (Total I-II+II-IV+V-VI)

GW

375,867

-11.5 %

424,942

-9.6 %

470,020

 

 

4 - Extraordinary result (VII-VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Extraordinary result (Total VII-VIII)

HI

774,966

-30.6 %

1,116,244

1139.0 %

90,089

 

 

Profit or loss

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Profit or loss

HN

1,315,588

-20.6 %

1,656,244

158.0 %

641,995

 

 

Total Income (I+III+V+VII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Income (Total I+III+V+VII)

HL

36,988,491

3.8 %

35,620,762

-0.5 %

35,811,959

 

 

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

HM

35,672,903

5.0 %

33,964,522

-3.4 %

35,169,966

 

 

Operating income (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating income (Total I)

FR

28,477,159

-0.5 %

28,615,291

-13.7 %

33,146,709

 

 

Operating income (details)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sale of goods for resale

FC

431,514

231.1 %

130,329

-89.3 %

1,216,687

France

FA

14,390

-56.1 %

32,766

-30.0 %

46,783

Export

FB

417,123

327.5 %

97,563

-91.7 %

1,169,904

Sale of goods produced

FF

26,482,326

-1.8 %

26,956,991

-12.2 %

30,693,630

France

FD

7,389,166

-11.3 %

8,333,337

-24.2 %

10,990,749

Export

FE

19,093,159

2.5 %

18,623,654

-5.5 %

19,702,881

Sale of services

FI

504,816

133.2 %

216,507

53.2 %

141,332

France

FG

88,375

-15.4 %

104,451

-17.1 %

126,045

Export

FH

416,440

271.6 %

112,056

633.0 %

15,287

Net turnover

FL

27,418,657

0.4 %

27,303,827

-14.8 %

32,051,649

France

FJ

7,491,932

-11.6 %

8,470,554

-24.1 %

11,163,577

Export

FK

19,926,724

5.8 %

18,833,273

-9.8 %

20,888,072

Stocked production

FM

533,819

263.7 %

146,760

153.3 %

-275,175

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

25,892

-88.1 %

217,988

1299.1 %

15,581

Release of reserves and provisions

FP

454,266

-48.3 %

879,186

-27.8 %

1,217,157

Other income

FQ

44,526

-34.1 %

67,530

-50.9 %

137,497

 

 

Operating charges (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating charges (Total II)

GF

28,002,207

-0.1 %

28,035,363

-13.5 %

32,398,141

 

 

Exploitation charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Purchase of goods for resale

FS

335,990

219.1 %

105,289

-90.5 %

1,113,989

Change in stocks of goods for resale

FT

-6,504

72.4 %

-23,584

-600.1 %

4,716

Purchase of raw materials

FU

7,372,536

6.6 %

6,913,185

-11.8 %

7,837,671

Change in stocks of raw materials

FV

-255,711

-250.7 %

169,643

31341.8 %

-543

Other external purchases and charges

FW

6,896,799

2.7 %

6,714,473

-9.6 %

7,430,125

Tax, duty and similar payments

FX

801,246

-7.1 %

862,697

-18.2 %

1,055,177

Payroll

FY

7,917,361

-1.2 %

8,015,305

-2.7 %

8,239,628

Social security costs

FZ

3,190,996

-6.4 %

3,408,676

-3.2 %

3,522,924

 

 

Depreciation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Depreciation of fixed assets

GA

1,512,568

-4.8 %

1,589,024

-38.2 %

2,571,938

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

177,756

83.9 %

96,682

-35.1 %

148,902

Provisions for risks and charges

GD

0

0%

106,643

-68.2 %

335,000

 

 

Other charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Other charges

GE

59,169

-23.5 %

77,330

-44.2 %

138,614

 

 

Operating charges (III-IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total financial income (Total V)

GP

88,503

-36.5 %

139,470

3.1 %

135,236

Share financial income

GJ

13

160.0 %

5

150.0 %

2

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

87,162

-33.0 %

130,074

4.7 %

124,257

Released provisions and transferred charges

GM

0

0%

0

0%

4,926

Exchange gains

GN

1,327

-85.9 %

9,391

55.2 %

6,051

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

 

Financial charge (VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total financial charge (Total VI)

GU

187,588

-36.3 %

294,456

-28.8 %

413,784

Financial reserves and provisions

GQ

0

0%

0

0%

0

Interest and similar charges

GR

179,348

-38.8 %

292,950

-28.9 %

411,832

Exchange losses

GS

8,240

447.1 %

1,506

-22.8 %

1,952

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total extraordinary income (Total VII)

HD

8,422,828

22.7 %

6,866,001

171.4 %

2,530,014

Extraordinary operating income

HA

7,504

-95.5 %

167,481

0%

0

Extraordinary income from capital transactions

HB

0

0%

2,273,750

137.7 %

956,730

Released provisions and transferred charges

HC

8,415,324

90.2 %

4,424,770

181.2 %

1,573,284

 

 

Extraordinary charges (VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total extraordinary charges (Total VIII)

HH

7,647,862

33.0 %

5,749,757

135.7 %

2,439,925

Extraordinary operating charges

HE

1,288,090

669.1 %

167,481

0%

0

Extraordinary charges from capital transactions

HF

6,137,496

170.7 %

2,267,497

86.9 %

1,213,077

Extraordinary reserves and provisions

HG

222,276

-93.3 %

3,314,779

170.2 %

1,226,848

 

 

Employee profit sharing (IX)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

 

Tax on profits (X)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Tax on profits (Total X)

HK

-164,754

-43.2 %

-115,054

-40.5 %

-81,884

 

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Of which equipment leases

HP

963,828

0%

0

0%

0

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

187,372

0%

0

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%

0

0%

0

 

 

Other incomes tax return forms

 

Fixed Assets

 

Grand Total Fixed Assets (I to IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

49,373

0%

0

0%

0

Decreasess by transfers

OK2

6,586,559

0%

0

0%

0

Gross value at the end of period

OL

28,756,794

0%

0

0%

0

 

 

Research and development Charge (Total I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

KD

362,334

0%

0

0%

0

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

35,728

0%

0

0%

0

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

151,581

0%

0

0%

0

Gross value at the end of period

LW

246,480

0%

0

0%

0

 

 

Tangible fixed assets (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

LN

25,599,969

0%

0

0%

0

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

1,201,918

0%

0

0%

0

Decreasess by budget item transfer

NG1

49,373

0%

0

0%

0

Decreasess by transfers

NG2

183,554

0%

0

0%

0

Gross value at the end of period

NH

26,568,959

0%

0

0%

0

 

 

Financial assets (Total IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

LQ

8,176,082

0%

0

0%

0

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

16,696

0%

0

0%

0

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

6,251,424

0%

0

0%

0

Gross value at the end of period

NK

1,941,354

0%

0

0%

0

 

Reserve for depreciation

 

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Reserve for depreciation value at begin of period

PE

305,433

-7.8 %

331,323

0%

0

Increases

PF

36,115

11.3 %

32,452

0%

0

Decreasess

PG

151,581

159.8 %

58,342

0%

0

Decreasess by budget item transfer

PH

189,967

-37.8 %

305,433

0%

0

 

 

Total fixed assets amotisation (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Reserve for depreciation value at begin of period

QU

20,364,557

1.1 %

20,146,970

0%

0

Increases

QV

1,476,292

-67.9 %

4,604,216

0%

0

Decreases

QW

183,554

-95.8 %

4,386,790

0%

0

Decreasess by budget item transfer

QX

21,657,295

6.3 %

20,364,396

0%

0

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

7C

10,280,845

-30.9 %

14,887,810

0%

0

Increases

UB

400,032

-6.1 %

426,115

0%

0

Decreases

UC

8,682,218

72.5 %

5,033,080

0%

0

Value at the end of period

UD

1,998,660

-80.6 %

10,280,845

0%

0

 

 

Includes Total allocations

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating

UE

177,756

239.6 %

52,337

0%

0

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

222,276

-40.5 %

373,778

0%

0

 

 

Includes Total Withdrawal

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating

UF

160,251

587.5 %

23,310

0%

0

Financial

UH

0

0%

0

0%

0

Exceptional

UK

8,521,967

70.1 %

5,009,770

0%

0

 

 

Total regulated provisions (Total I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

3Z

2,158,720

-10.3 %

2,406,132

0%

0

Increases

TS

217,276

-15.1 %

256,033

0%

0

Decreases

TT

753,551

49.7 %

503,445

0%

0

Value at the end of period

TU

1,622,445

-24.8 %

2,158,720

0%

0

 

 

Total risk and charge provisions (Total II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

5Z

111,643

-84.7 %

728,750

0%

0

Increases

TV

5,000

-95.3 %

106,643

0%

0

Decreases

TW

110,643

-84.7 %

723,750

0%

0

Value at the end of period

TX

6,000

-94.6 %

111,643

0%

0

 

 

Total Provision for depreciation (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

7B

8,010,482

-31.8 %

11,752,928

0%

0

Increases

TY

177,756

180.2 %

63,440

0%

0

Decreases

TZ

7,818,025

105.4 %

3,805,885

0%

0

Value at the end of period

UA

370,214

-95.4 %

8,010,483

0%

0

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value

VT

8,411,518

-13.5 %

9,729,623

0%

0

1 year at most

VU

7,900,427

0.5 %

7,863,884

0%

0

More than one year

VV

511,092

-72.6 %

1,865,739

0%

0

 

 

State of loans

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Claims related to holdings (gross)

UL

0

0%

94,919

0%

0

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

947

-70.4 %

3,200

0%

0

Loans (1 year at most)

UR

947

-70.4 %

3,200

0%

0

Other financial assets (gross)

UT

204,534

0.0 %

204,594

0%

0

Other financial assets (1 year at most)

UV

0

0%

0

0%

0

 

 

Receivables statement of assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Customers doubtful or disputed

VA

306,558

-80.4 %

1,566,226

0%

0

Other claims customer

UX

5,813,335

-1.0 %

5,871,972

0%

0

Receivables represent Loaned Securities

UU

0

0%

20,701

0%

0

Provision for depreciation previously established

UQ

0

0%

0

0%

0

Personnel and associated accounts

UY

20,659

0%

0

0%

0

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

1,133,653

89.2 %

599,047

0%

0

Value added tax

VB

695,924

107.7 %

335,011

0%

0

Other taxes and payments assimilated

VN

1,558

-98.9 %

138,655

0%

0

State and other public - Miscellaneous

VP

0

0%

0

0%

0

Group and Associates

VC

25,443

-94.3 %

446,824

0%

0

Accounts receivable (including claims relating to the operation of pension titles)

VR

60,719

-80.1 %

304,760

0%

0

 

 

Prepaid

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Prepaid

VS

148,189

3.1 %

143,712

0%

0

 

 

State Debt

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total debt (gross)

VY

8,414,443

-14.9 %

9,883,829

0%

0

1 year at most

VZ2

5,522,872

-11.9 %

6,272,358

0%

0

More than 1 year and 5 years at most

VZ3

2,891,571

-19.9 %

3,611,471

0%

0

More than 5 years

VZ4

0

0%

0

0%

0

 

 

Details

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

15,902

-31.1 %

23,092

0%

0

1 year at most

VG2

15,902

-31.1 %

23,092

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

4,511,471

-23.4 %

5,890,765

0%

0

1 year at most

VH2

1,619,900

-28.9 %

2,279,294

0%

0

More than 1 year and 5 years at most

VH3

2,891,571

-19.9 %

3,611,471

0%

0

Loans and various financial liabilities (gross)

8A1

0

0%

15,958

0%

0

1 year at most

8A2

0

0%

15,958

0%

0

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

1,369,859

15.9 %

1,182,040

0%

0

1 year at most

8B2

1,369,859

15.9 %

1,182,040

0%

0

More than 1 year and 5 years at most

8B3

1,369,859

15.9 %

1,182,040

0%

0

Personnel and associated accounts (gross)

8C1

771,197

5.7 %

729,621

0%

0

1 year at most

8C2

771,197

5.7 %

729,621

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

1,036,209

-0.3 %

1,039,408

0%

0

1 year at most

8D2

1,036,209

-0.3 %

1,039,408

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%

866

0%

0

1 year at most

VW2

0

0%

866

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

229,512

-13.2 %

264,525

0%

0

1 year at most

VQ2

229,512

-13.2 %

264,525

0%

0

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

85,465

4.3 %

81,954

0%

0

1 year at most

8J2

85,465

4.3 %

81,954

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

356,502

-24.2 %

470,573

0%

0

1 year at most

8K2

356,502

-24.2 %

470,573

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

38,326

-79.3 %

185,024

0%

0

1 year at most

8L2

38,326

-79.3 %

185,024

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Commitments leasing furniture

YQ

0

0%

4,202,380

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Average number of employees

YP

283

0%

283

0%

0

 

 

Groups and Shareholders

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Groups and Shareholders

ZR

0

-

-

-

0

 

 

Ratios

 

Structure and Liquidity

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Fixed Asset Financing

1.44

4.3 %

1.38

5.3 %

1.31

1.33

8.3 %

Global Debt

113 days

-16.3 %

135 days

-5.6 %

143 days

104 days

8.7 %

Working Capital Fund overall net

167 days

-2.9 %

172 days

22.0 %

141 days

63 days

165.1 %

Financial independence

331.73 %

38.1 %

240.13 %

65.6 %

144.97 %

266.81 %

24.3 %

Solvability

63.68 %

9.6 %

58.10 %

19.1 %

48.78 %

45.30 %

40.6 %

Capacity debt futures

918.12 %

48.5 %

618.46 %

-

-

1,305.87 %

-29.7 %

Coverage of current assets by net working capital overall

68.58 %

14.6 %

59.84 %

-0.4 %

60.07 %

44.74 %

53.3 %

General Liquidity

1.43

14.4 %

1.25

-

-

0.82

74.4 %

Restricted Liquidity

2.10

0.5 %

2.09

-

-

1.07

96.3 %

 

 

Management or rotation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Need background in operating working capital

117 days

13.6 %

103 days

24.1 %

83 days

43 days

172.1 %

Treasury

49 days

-29.0 %

69 days

23.2 %

56 days

12 days

308.3 %

Inventory turnover of goods

33 days

-68.3 %

104 days

0%

0 days

18 days

83.3 %

Average length of credit granted to customers

80 days

-18.4 %

98 days

12.6 %

87 days

60 days

33.3 %

Average length of credit obtained suppliers

34 days

9.7 %

31 days

10.7 %

28 days

60 days

-43.3 %

Inventory turnover of raw materials in industrial enterprises

122 days

-0.8 %

123 days

20.6 %

102 days

53 days

130.2 %

Inventory turnover of intermediate and finished products in the industrial enterprise

103 days

-

-

-

-

187 days

-44.9 %

Rotation tangible assets

103.20 %

-

-

-

-

189.11 %

-45.4 %

 

 

Profitability of the business

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Margin trading

0.37 %

105.6 %

0.18 %

-41.9 %

0.31 %

0.49 %

-24.5 %

Profitability of the business

6.29 %

14.4 %

5.50 %

-31.9 %

8.08 %

6.42 %

-2.0 %

Net profit

4.80 %

-20.9 %

6.07 %

203.5 %

2.00 %

2.86 %

67.8 %

Growth rate of turnover (excluding VAT)

0.42 %

102.8 %

-14.81 %

-7694.7 %

-0.19 %

1.96 %

-78.6 %

Rates integration

49.64 %

-0.1 %

49.71 %

3.5 %

48.02 %

28.82 %

72.2 %

Rate leasing furniture

3.52 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Work Factor

81.62 %

-3.0 %

84.18 %

10.1 %

76.43 %

70.29 %

16.1 %

Weight interests

0.68 %

-37.0 %

1.08 %

-16.3 %

1.29 %

0.38 %

78.9 %

 

 

Return on capital

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Cash flow from the overall profitability

1.84 %

-67.0 %

5.57 %

-62.0 %

14.65 %

5.67 %

-67.5 %

Rates of economic profitability

9.00 %

28.6 %

7.00 %

-41.7 %

12.00 %

16.50 %

-45.5 %

Financial profitability

15,121,670.00 %

5.4 %

14,342,357.00 %

12.0 %

12,810,762.00 %

1,086,494.50 %

1291.8 %

Return on investment

7.65 %

-20.5 %

9.62 %

97.1 %

4.88 %

9.11 %

-16.0 %

 

 

Management intermediate balances

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Turnover

27,418,657

0.4 %

27,303,827

-14.8 %

32,051,649

4,755,407

476.6 %

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Sales of goods

431,514

231.1 %

130,329

-89.3 %

1,216,687

-

- Purchase of goods

335,990

219.1 %

105,289

-90.5 %

1,113,989

-

+/- Stock of goods variation

-6,504

72.4 %

-23,584

-600.1 %

4,716

-

Trading margin

102,028 €

109.8 %

48,624 €

-50.4 %

97,982 €

24,751 €

312.2 %

0.37 % CA

105.6 %

0.18 % CA

-41.9 %

0.31 % CA

0.61 % CA

-39.3 %

 

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Sale of goods produced

26,987,142

-0.7 %

27,173,498

-11.9 %

30,834,962

-

+/- Stocked production

533,819

263.7 %

146,760

153.3 %

-275,175

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

27,520,961 €

0.7 %

27,320,258 €

-10.6 %

30,559,787 €

4,223,275 €

551.6 %

100.37 % CA

0.3 %

100.06 % CA

4.9 %

95.35 % CA

96.62 % CA

3.9 %

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Trading margin

102,028

109.8 %

48,624

-50.4 %

97,982

24,751

312.2 %

+ Period Production

27,520,961

0.7 %

27,320,258

-10.6 %

30,559,787

4,223,275

551.6 %

- Purchase of raw materials

7,372,536

6.6 %

6,913,185

-11.8 %

7,837,671

-

+/- Change in stocks of raw materiels

-255,711

-250.7 %

169,643

31341.8 %

-543

-

- Other external purchases and charges

6,896,799

2.7 %

6,714,473

-9.6 %

7,430,125

-

Added value

13,609,365 €

0.3 %

13,571,581 €

-11.8 %

15,390,516 €

1,327,046 €

925.5 %

49.64 % CA

-0.1 %

49.71 % CA

3.5 %

48.02 % CA

28.82 % CA

72.2 %

 

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Added value

13,609,365 €

0.3 %

13,571,581 €

-11.8 %

15,390,516 €

1,327,046 €

925.5 %

+ Operating grants

25,892

-88.1 %

217,988

1299.1 %

15,581

-

- Tax, duty and similar payments

801,246

-7.1 %

862,697

-18.2 %

1,055,177

-

- Personal charges

11,108,357

-2.8 %

11,423,981

-2.9 %

11,762,552

-

Gross operating surplus

1,725,654 €

14.8 %

1,502,891 €

-41.9 %

2,588,368 €

238,733 €

622.8 %

6.29 % CA

14.4 %

5.50 % CA

-31.9 %

8.08 % CA

6.42 % CA

-2.0 %

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Gross operating surplus

1,725,654 €

14.8 %

1,502,891 €

-41.9 %

2,588,368 €

238,733 €

622.8 %

+ Release of reserves and provisions

454,266

-48.3 %

879,186

-27.8 %

1,217,157

-

+ Other operating income

44,526

-34.1 %

67,530

-50.9 %

137,497

-

- Depreciation/ Amortisation

1,690,324

-5.7 %

1,792,349

-41.3 %

3,055,840

-

- Other charges

59,169

-23.5 %

77,330

-44.2 %

138,614

-

Operating result

474,953 €

-18.1 %

579,928 €

-22.5 %

748,568 €

106,606 €

345.5 %

1.73 % CA

-18.4 %

2.12 % CA

-9.4 %

2.34 % CA

3.31 % CA

-47.7 %

 

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Operating result

474,953 €

-18.1 %

579,928 €

-22.5 %

748,568 €

106,606 €

345.5 %

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

0

0%

0

0%

0

-

+ Financial income

88,503

-36.5 %

139,470

3.1 %

135,236

-

- Financial charges

187,588

-36.3 %

294,456

-28.8 %

413,784

-

Pre-tax result

375,868 €

-11.5 %

424,942 €

-9.6 %

470,020 €

109,699 €

242.6 %

1.37 % CA

-12.2 %

1.56 % CA

6.1 %

1.47 % CA

3.32 % CA

-58.7 %

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Extraordinary income

8,422,828

22.7 %

6,866,001

171.4 %

2,530,014

18,198

46185.6 %

- Extraordinary charges

7,647,862

33.0 %

5,749,757

135.7 %

2,439,925

-

Extraordinary result

774,966 €

-30.6 %

1,116,244 €

1139.0 %

90,089 €

0 €

0%

2.83 % CA

-30.8 %

4.09 % CA

1360.7 %

0.28 % CA

0.00 % CA

0%

 

 

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sector Median 2014

Pre-tax result

375,868 €

-11.5 %

424,942 €

-9.6 %

470,020 €

109,699 €

242.6 %

Extraordinary result

774,966 €

-30.6 %

1,116,244 €

1139.0 %

90,089 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

-164,754

-43.2 %

-115,054

-40.5 %

-81,884

-

Net result

1,315,588 €

-20.6 %

1,656,240 €

158.0 %

641,993 €

102,853 €

1179.1 %

4.80 % CA

-20.9 %

6.07 % CA

203.5 %

2.00 % CA

2.86 % CA

67.8 %

 

 

Synthesized Accounts

31/12/2014

31/12/2013

31/12/2012

Account period (month)

12

12

12

Account Type

Consolidated

Consolidated

Consolidated

Activity Code

2222Z

2222Z

2222Z

 

 

Active account

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Capital not called

0

0%

0

0%

0

Total fixed assets

14,176,733

-7.7 %

15,356,181

-4.9 %

16,143,092

Intangible assets

986,181

-2.1 %

1,006,901

2554.9 %

37,926

Tangible assets

13,071,550

-8.1 %

14,224,732

-11.0 %

15,975,662

Financial assets

119,000

-1.9 %

121,312

1.3 %

119,802

Net current assets

16,917,359

-1.6 %

17,190,050

-4.9 %

18,069,330

Stocks

4,878,377

20.0 %

4,066,181

-6.4 %

4,344,507

Advanced payments

87,022

-29.2 %

122,965

-20.5 %

154,646

Receivables

8,087,464

6.2 %

7,611,843

-4.3 %

7,957,355

Securities and cash

3,864,496

-28.3 %

5,389,061

-4.0 %

5,612,822

Accounts of regularization

0

0%

0

0%

0

Total Assets

31,094,091

-4.5 %

32,546,230

-4.9 %

34,212,422

 

 

Passive account

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Shareholders' equity

15,421,786

13.1 %

13,631,090

31.6 %

10,360,512

Share capital

2,774,200

0%

2,774,200

0%

2,774,200

Other capital resources

103,000

0%

103,000

0%

0

Risk Provisions

533,045

-7.1 %

573,547

-64.4 %

1,609,209

Liabilities

14,996,428

-17.7 %

18,211,681

-17.9 %

22,192,545

Financial liabilities

9,842,941

-19.5 %

12,223,357

-10.4 %

13,645,912

Advanced payments received

193,657

-44.4 %

348,599

7.7 %

323,625

Trade account payables

1,370,877

15.8 %

1,183,572

-47.4 %

2,249,967

Tax and social liabilities

2,051,441

-44.6 %

3,702,127

-26.8 %

5,056,274

Other debts and fixed assets liabilities

1,482,998

168.4 %

552,529

145.5 %

225,037

Account regularization

54,513

-72.9 %

201,497

-70.9 %

691,730

Total liabilities

31,094,089

-4.5 %

32,546,230

-4.9 %

34,212,422

 

 

Results

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sales of Goods

28,699,002

-0.5 %

28,839,086

-26.5 %

39,212,879

Net turnover

27,640,496

0.4 %

27,527,618

-27.0 %

37,708,075

of which net export turnover

0

0%

0

0%

0

Operating charges

27,674,927

-0.6 %

27,849,003

-27.0 %

38,139,019

Operating profit/loss

1,024,075

3.4 %

990,083

-7.8 %

1,073,860

Financial income

89,038

-34.2 %

135,357

13.2 %

119,564

Financial charges

394,019

-19.2 %

487,475

-22.0 %

624,802

Financial profit/loss

-304,981

13.4 %

-352,118

30.3 %

-505,238

Pretax net operating income

719,094

12.7 %

637,965

12.2 %

568,622

Extraordinary income

7,685,696

20.8 %

6,362,556

358.2 %

1,388,578

Extraordinary charges

7,430,586

34.8 %

5,512,396

36.8 %

4,028,459

Extraordinary profit/loss

255,110

-70.0 %

850,160

132.2 %

-2,639,881

 

 

Consolidation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Net result before amortisation of goodwill

1,195,420

-26.1 %

1,618,109

168.5 %

-2,362,231

Goodwill amortisation allocation

-3,236

50.0 %

-6,466

0%

-6,466

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)

1,192,184

-26.0 %

1,611,643

168.0 %

-2,368,697

Share of minority interest (Result except group)

2,728

39.8 %

1,951

10.8 %

1,761

Net result - group share (part of parent company)

1,189,456

-26.1 %

1,609,695

167.9 %

-2,370,461

 

 

Accounts – Active

 

Normal Account

 

31/12/2014

31/12/2013

31/12/2012

Account period (month)

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Grand Total (I to VI)

Net

31,094,091

-4.5 %

32,546,230

-4.9 %

34,212,422

Gross

CO

31,094,090

-4.5 %

32,546,230

-4.9 %

34,212,422

Amortisation

1A

0

0%

0

0%

0

 

 

Capital subscribed not called (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Capital suscribed not called (I)

AA3

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Active fixed asset (II)

Net

14,176,733

-7.7 %

15,356,181

-4.9 %

16,143,092

Gross

BJ

14,176,732

-7.7 %

15,356,181

-4.9 %

16,143,092

Amortisation

BK

0

0%

0

0%

0

 

 

Intangible fixed assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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%

0

Gross

CX

0

0%

0

0%

0

Amortisation

CQ

0

0%

0

0%

0

Distributorships, patents

Net

986,181

-2.1 %

1,006,901

2554.9 %

37,926

Gross

AF

986,181

-2.1 %

1,006,901

2554.9 %

37,926

Amortisation

AG

0

0%

0

0%

0

Goodwill

Net

0

0%

0

0%

0

Gross

AH

0

0%

0

0%

0

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

0

0%

0

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

986,181

-2.1 %

1,006,901

2554.9 %

37,926

 

 

Tangible fixed assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Acquisition difference

Net

0

0%

3,236

-66.6 %

9,702

Gross

A11

0

0%

3,236

-66.6 %

9,702

Amortisation

A12

0

0%

0

0%

0

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

495,088

-11.8 %

561,445

-2.1 %

573,479

Gross

AN

495,088

-11.8 %

561,445

-2.1 %

573,479

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

5,275,378

-4.8 %

5,541,298

-8.4 %

6,052,438

Gross

AP

5,275,378

-4.8 %

5,541,298

-8.4 %

6,052,438

Amortisation

AQ

0

0%

0

0%

0

Plant

Net

5,846,340

-12.6 %

6,687,468

-10.5 %

7,475,298

Gross

AR

5,846,340

-12.6 %

6,687,468

-10.5 %

7,475,298

Amortisation

AS

0

0%

0

0%

0

Other tangible fixed assets

Net

1,337,105

4.6 %

1,278,161

-11.2 %

1,440,105

Gross

AT

1,337,105

4.6 %

1,278,161

-11.2 %

1,440,105

Amortisation

AU

0

0%

0

0%

0

Fixed assets in construction

Net

-2

0%

0

0%

0

Gross

AV

0

0%

0

0%

0

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

117,641

-24.8 %

156,360

-64.0 %

434,342

Gross

AX

117,641

-24.8 %

156,360

-64.0 %

434,342

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

13,071,550

-8.1 %

14,227,968

-11.0 %

15,985,364

 

 

Financial assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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%

0

Gross

CU

0

0%

0

0%

0

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%

0

Gross

BF

0

0%

0

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

119,000

-1.9 %

121,312

1.3 %

119,802

Gross

BH

119,000

-1.9 %

121,312

1.3 %

119,802

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

119,000

-1.9 %

121,312

1.3 %

119,802

 

 

Current Assets (III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Assets

Net

16,917,359

-1.6 %

17,190,050

-4.9 %

18,069,330

Gross

CJ

16,917,358

-1.6 %

17,190,050

-4.9 %

18,069,330

Amortisation

CK

0

0%

0

0%

0

 

 

Stocks

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Raw materials

Net

2,382,191

10.6 %

2,153,359

-12.9 %

2,471,435

Gross

BL

2,382,191

10.6 %

2,153,359

-12.9 %

2,471,435

Amortisation

BM

0

0%

0

0%

0

Work in progress (goods)

Net

341,237

-6.0 %

363,156

-0.6 %

365,263

Gross

BN

341,237

-6.0 %

363,156

-0.6 %

365,263

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

2,124,861

39.2 %

1,526,082

1.2 %

1,507,809

Gross

BR

2,124,861

39.2 %

1,526,082

1.2 %

1,507,809

Amortisation

BS

0

0%

0

0%

0

Goods for resale

Net

30,088

27.6 %

23,584

0%

0

Gross

BT

30,088

27.6 %

23,584

0%

0

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

4,878,377

20.0 %

4,066,181

-6.4 %

4,344,507

 

 

Advance payments to suppliers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Advance payments to suppliers

Net

87,022

-29.2 %

122,965

-20.5 %

154,646

Gross

BV

87,022

-29.2 %

122,965

-20.5 %

154,646

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Trade accounts receivable

Net

6,078,275

-0.9 %

6,135,245

0.8 %

6,088,247

Gross

BX

6,078,275

-0.9 %

6,135,245

0.8 %

6,088,247

Amortisation

BY

0

0%

0

0%

0

Other debtors

Net

1,908,208

38.3 %

1,380,094

-18.5 %

1,693,372

Gross

BZ

1,908,208

38.3 %

1,380,094

-18.5 %

1,693,372

Amortisation

CA

0

0%

0

0%

0

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

7,986,483

6.3 %

7,515,339

-3.4 %

7,781,619

 

 

Divers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Investment securities

Net

1,525,415

-44.1 %

2,726,941

0.3 %

2,719,176

Gross

CD

1,525,415

-44.1 %

2,726,941

0.3 %

2,719,176

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

2,339,081

-12.1 %

2,662,120

-8.0 %

2,893,646

Gross

CF

2,339,081

-12.1 %

2,662,120

-8.0 %

2,893,646

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

0

0%

0

0%

0

 

 

Prepaid expenses

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Prepaid expenses

Net

100,981

4.6 %

96,504

-45.1 %

175,736

Gross

CH

100,981

4.6 %

96,504

-45.1 %

175,736

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Expenses of loan issue to be spread

CW3

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

 

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Grand Total (I to IV)

EE

31,094,089

-4.5 %

32,546,230

-4.9 %

34,212,422

 

 

Shareholder Equity (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total shareholders' equity (Total I)

DL

15,421,786

13.1 %

13,631,090

31.6 %

10,360,512

Equity and shareholders' equity

DA

2,774,200

0%

2,774,200

0%

2,774,200

Issue and merger premiums

DB

6,692,054

0%

6,692,054

0%

6,692,054

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

4,766,076

86.5 %

2,555,141

-21.7 %

3,264,719

Profits or losses brought forward

DH

0

0%

0

0%

0

Conversion differences

P1

0

0%

0

0%

0

Net result - group part

P2

1,189,456

-26.1 %

1,609,695

167.9 %

-2,370,461

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total other capital resources (Total II)

DO

103,000

0%

103,000

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

103,000

0%

103,000

0%

0

Others

P3

0

0%

0

0%

0

 

 

Provisions for risks and charges (III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total provisions for risks and charges (Total III)

DR

533,045

-7.1 %

573,547

-64.4 %

1,609,209

Conversion differences

P4

0

0%

0

0%

0

In reserves

P5

37,103

48.6 %

24,962

-48.4 %

48,394

In results

P6

2,728

39.8 %

1,951

10.8 %

1,761

Total III

P7

39,831

48.0 %

26,913

-46.3 %

50,155

Delayed tax

P8

0

0%

0

0%

0

Acquisition differences

P9

0

0%

0

0%

0

Risk provisions

DP

533,045

-7.1 %

573,547

-59.3 %

1,407,860

Reserves for charges

DQ

0

0%

0

0%

201,349

 

 

Liabilities (IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Liabilities (Total IV)

EC

14,996,428

-17.7 %

18,211,681

-17.9 %

22,192,545

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

9,833,723

-19.4 %

12,198,180

-10.4 %

13,621,084

Sundry loans and financial liabilities

DV

9,218

-63.4 %

25,177

1.4 %

24,828

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

193,657

-44.4 %

348,599

7.7 %

323,625

Trade accounts payables

DX

1,370,877

15.8 %

1,183,572

-47.4 %

2,249,967

Tax and social security liabilities

DY

2,051,441

-44.6 %

3,702,127

-26.8 %

5,056,274

Fixed asset liabilities

DZ

0

0%

0

0%

0

Other debts

EA

1,482,998

168.4 %

552,529

145.5 %

225,037

 

 

Translation loss (V)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Translation loss (Total V)

ED

0

0%

0

0%

0

 

 

Equalization accounts

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Deferred income

EB

54,513

-72.9 %

201,497

-70.9 %

691,730

 

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating result (Total I-II)

GG

1,024,075

3.4 %

990,083

-7.8 %

1,073,860

 

2 - Financial result (V - VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Financial result (Total V-VI)

GV

-304,981

13.4 %

-352,118

30.3 %

-505,238

 

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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Pre-tax net operating income (Total I-II+II-IV+V-VI)

GW

719,094

12.7 %

637,965

12.2 %

568,622

 

4 - Extraordinary result (VII-VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Extraordinary result (Total VII-VIII)

HI

255,110

-70.0 %

850,160

132.2 %

-2,639,881

 

 

Consolidation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Delayed tax

R1

0

0%

0

0%

0

Net result before amortisation of acquisition differences

R2

1,195,420

-26.1 %

1,618,109

168.5 %

-2,362,231

Endowment to amortisation of acquisition differences

R3

-3,236

50.0 %

-6,466

0%

-6,466

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

1,192,184

-26.0 %

1,611,643

168.0 %

-2,368,697

Cross-reference : equipment leasing

R7

2,728

39.8 %

1,951

10.8 %

1,761

Cross-reference : property leasing

R8

1,189,456

-26.1 %

1,609,695

167.9 %

-2,370,461

 

 

Operating income (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating income (Total I)

FR

28,699,002

-0.5 %

28,839,086

-26.5 %

39,212,879

 

 

Operating income (details)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sale of goods for resale

FC

431,514

231.1 %

130,330

-89.3 %

1,213,258

France

FA

431,514

231.1 %

130,330

-89.3 %

1,213,258

Export

FB

0

0%

0

0%

0

Sale of goods produced

FF

-1

-100.0 %

27,397,288

-24.9 %

36,494,817

France

FD

0

0%

27,397,288

-24.9 %

36,494,817

Export

FE

0

0%

0

0%

0

Sale of services

FI

27,208,982

0%

0

0%

0

France

FG

27,208,982

0%

0

0%

0

Export

FH

0

0%

0

0%

0

Net turnover

FL

27,640,496

0.4 %

27,527,618

-27.0 %

37,708,075

France

FJ

27,640,496

0.4 %

27,527,618

-27.0 %

37,708,075

Export

FK

0

0%

0

0%

0

Stocked production

FM

533,819

263.7 %

146,760

132.3 %

-455,017

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

25,892

-88.1 %

217,988

1299.1 %

15,581

Release of reserves and provisions

FP

454,266

-48.3 %

879,186

-47.6 %

1,677,661

Other income

FQ

44,529

-34.1 %

67,534

-74.7 %

266,579

 

 

Operating charges (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating charges (Total II)

GF

27,674,927

-0.6 %

27,849,003

-27.0 %

38,139,019

 

 

Exploitation charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Purchase of goods for resale

FS

335,990

219.1 %

105,289

-90.5 %

1,113,989

Change in stocks of goods for resale

FT

-6,504

72.4 %

-23,584

-600.1 %

4,716

Purchase of raw materials

FU

7,486,288

8.3 %

6,913,185

-19.0 %

8,534,895

Change in stocks of raw materials

FV

-255,711

-250.7 %

169,643

79.2 %

94,652

Other external purchases and charges

FW

5,255,180

-4.1 %

5,479,363

-33.0 %

8,174,532

Tax, duty and similar payments

FX

837,968

-6.8 %

899,012

-35.9 %

1,403,185

Payroll

FY

7,917,361

-1.2 %

8,015,305

-20.0 %

10,016,637

Social security costs

FZ

3,190,996

-6.4 %

3,408,676

-19.6 %

4,237,156

 

 

Depreciation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Depreciation of fixed assets

GA

2,611,292

2.8 %

2,539,587

-33.4 %

3,812,037

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

177,756

83.9 %

96,682

-59.9 %

240,930

Provisions for risks and charges

GD

65,141

-61.3 %

168,515

-54.4 %

369,557

 

 

Other charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Other charges

GE

59,170

-23.5 %

77,330

-43.4 %

136,733

 

 

Operating charges (III-IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

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)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total financial income (Total V)

GP

89,038

-34.2 %

135,357

13.2 %

119,564

Share financial income

GJ

13

160.0 %

5

66.7 %

3

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

87,698

-30.4 %

125,961

11.0 %

113,510

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

1,327

-85.9 %

9,391

0%

0

Net income from disposal of investment securities

GO

0

0%

0

0%

6,051

 

 

Financial charge (VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total financial charge (Total VI)

GU

394,019

-19.2 %

487,475

-22.0 %

624,802

Financial reserves and provisions

GQ

0

0%

0

0%

0

Interest and similar charges

GR

385,779

-20.6 %

485,969

-22.0 %

622,822

Exchange losses

GS

8,240

447.1 %

1,506

-23.9 %

1,980

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total extraordinary income (Total VII)

HD

7,685,696

20.8 %

6,362,556

358.2 %

1,388,578

Extraordinary operating income

HA

7,504

-95.5 %

167,481

598046.4 %

28

Extraordinary income from capital transactions

HB

0

0%

2,273,750

494.5 %

382,469

Released provisions and transferred charges

HC

7,678,192

95.8 %

3,921,325

289.8 %

1,006,081

 

 

Extraordinary charges (VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total extraordinary charges (Total VIII)

HH

7,430,586

34.8 %

5,512,396

36.8 %

4,028,459

Extraordinary operating charges

HE

1,288,090

669.1 %

167,481

-22.0 %

214,781

Extraordinary charges from capital transactions

HF

6,137,496

170.7 %

2,267,497

86.9 %

1,213,077

Extraordinary reserves and provisions

HG

5,000

-99.8 %

3,077,418

18.3 %

2,600,601

 

 

Employee profit sharing (IX)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

Tax on profits (X)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Tax on profits (Total X)

HK

221,216

270.2 %

-129,984

-144.7 %

290,972

 

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Of which equipment leases

HP

0

0%

0

0%

0

Of which property leases

HQ

0

0%

0

0%

0

 

 

Ratios

 

Structure and Liquidity

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Fixed Asset Financing

1.83

5.8 %

1.73

8.8 %

1.59

Global Debt

195.32 days

-18.0 %

238.17 days

12.4 %

211.87 days

Working Capital Fund overall net

152.70 days

4.5 %

146.14 days

61.6 %

90.43 days

Financial independence

156.83 %

40.3 %

111.75 %

46.9 %

76.06 %

Solvability

49.93 %

18.3 %

42.20 %

39.4 %

30.28 %

 

 

Management or rotation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Need background in operating working capital

102.28 days

32.2 %

77.39 days

83.2 %

42.25 days

Treasury

50.33 days

-28.6 %

70.48 days

31.5 %

53.59 days

Inventory turnover of goods

32.87 days

-68.4 %

103.91 days

0%

0.00 days

Inventory turnover of raw materials in industrial enterprises

114.55 days

2.2 %

112.13 days

7.6 %

104.24 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

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Margin trading

431,512.81 %

231.1 %

130,329.70 %

-89.3 %

1,213,255.03 %

Profitability of the business

12.44 %

17.0 %

10.63 %

8.7 %

9.78 %

Rates integration

55.57 %

1.8 %

54.60 %

6.5 %

51.26 %

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

Weight interests

1.43 %

-19.2 %

1.77 %

6.6 %

1.66 %

 

 

Return on capital

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Rates of economic profitability

13.56 %

20.3 %

11.27 %

-26.7 %

15.37 %


 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.38

UK Pound

1

Rs.100.45

Euro

1

Rs.70.55

 

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

Report Prepared by :

ANK

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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

 

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

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

 

 

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.