MIRA INFORM REPORT

 

 

Report No. :

349998

Report Date :

26.11.2015

 

IDENTIFICATION DETAILS

 

Name :

AVERPEAUX

 

 

Registered Office :

ZI Bonnecombe, 4 Rue De La Ferronnerie, 81200 Mazamet

 

 

Country :

France

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

January 1956

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Primer preparation and dressing of leather and dyeing of fur.

 

 

No. of Employee :

3 to 5

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but correct

 

 

Litigation :

Clear

 

 

NOTES :

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

 

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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

 

Enquiries Trend

 

SIRET

716 620 141 00011

Name

AVERPEAUX

Acronym

-

Trade name

-

Status

Economically active

Postal Address

AVERPEAUX
ZI BONNECOMBE
4 RUE DE LA FERRONNERIE
81200 MAZAMET

Share Capital

72,000 Euros

Telephone

05 63 61 00 06

Activity (APE)

Primer preparation and dressing of leather and dyeing of fur (1511Z)

RCS Registration

RCS Castres B 716 620 141

Formation Date

01/1966

EUR VAT Number

FR62716620141

Deregistration Date

-

Last account Date

31/12/2014

Court Registry Number

66 B 00014

Incorporiation Date

-

Registration Court

Castres (81)

Fax

05 63 61 89 63

Nationality

France

 

Legal form

Limited Liability Company

Currency

Euros

 

Key Financials

 

YEAR TO DATE

TURNOVER

GROSS OPERATING SURPLUS

SHAREHOLDER'S EQUITY

NET RESULT

EMPLOYEES

31/12/2014

1,071,367 €

-8.19% Turnover

371,547 €

-18,039 €

3 to 5 employees

31/12/2013

1,670,070 €

4.05% Turnover

413,586 €

10,527 €

3 to 5 employees

31/12/2012

1,074,910 €

1.68% Turnover

403,060 €

-4,482 €

3 to 5 employees

 

 

Directors

 

Current Directors

1

 

Judgment and Preferential

 

Judgment

No judgement

Preferential Right

This company is not under monitoring

 

 

Establishment Details

 

Type of Establishment

Single (translated to H)

Production Role

-

APE/NAF Code

1511Z

Activity

Primer preparation and dressing of leather and dyeing of fur

Formation Date

01/1966

Reason for Formation

-

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

Other

Activity Location

Other

Trading Address

4 RUE DE LA FERRONNERIE 
81200 MAZAMET

Department

Tarn (81)

Location Surface

-

District

2

City

MAZAMET

Status

Economically active

Business Pages FT®

CUIRS ET PEAUX BRUTS (IMPORTATION, EXPORTATION, GROS)

Region

Midi-Pyrénées

Area

99

Size of Urban Area

-

 

 

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

0 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

AVERPEAUX

Head Office

1511Z

Primer preparation and dressing of leather and dyeing of fur

MAZAMET

81200

 

 

Workforces

 

Workforce at address

3 to 5 employees

Company workforce

3 to 5 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 decrease in the pre-tax profit margin over the last two accounting periods is 308 %

The decrease in pre-tax profit over the last two accounting periods is 234 %

The decrease in the return on capital employed over the last two accounting periods is 249 %

The increase in the gearing percentage over the last two accounting periods is 89 %

The pre-tax profit is -18,039 €

The receivables value is 143,815 €

The financial liabilities are 126,924 €

The tangible fixed assets are 4,979 €

The stocks value is 534,501 €

The trade payables value is 163,730 €

The sales to current assets ratio is 1.54

The ratio total assets to total liabilities is 2.12

Region code with medium risk rating

Workforce size is in the average risk band

The company is 49 years old

Industry code with low risk rating

The net turnover is 1,071,367 €

The net current assets are 696,102 €

The increase in the current ratio over the last two accounting periods is 29 %

The increase in the equity percentage over the last two accounting periods is 35 %

 

 

Industry comparison

 

Activity (APE)

Primer preparation and dressing of leather and dyeing of fur (1511Z)

 

COLLECTIVE PROCEDURES

 

No judgment information for the company

 

PREFERENTIAL RIGHTS DETAILS AND HISTORY

 

Status of collection                                       This company is not under monitoring

 

GROUP DATA

 

No group information available for the company

 

LINKAGES

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. AVEROUX JACQUES

Manager position

Manager

Date of birth

-

Place of birth

Type

Individual

Name at birth

 

PREVIOUS DIRECTORS

 

No data about previous directors is available for this company

 

STATUS HISTORY

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

11/08/2015

Bodacc C

Comptes annuels et rapports

81 - TARN

GREFFE DU TRIBUNAL DE COMMERCE DE CASTRES

16500 - 716620141 RCS. AVERPEAUXForme : Société à responsabilité limitée. Adresse : 4 rue de la Ferronnerie 81200 Mazamet. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.

12/08/2014

Bodacc C

Comptes annuels et rapports

81 - TARN

GREFFE DU TRIBUNAL DE COMMERCE DE CASTRES

15256 - 716620141 RCS. AVERPEAUXForme : Société à responsabilité limitée. Adresse : Zone Industrielle de Bonnecombe 81200 Mazamet. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

19/08/2013

Bodacc C

Comptes annuels et rapports

81 - TARN

GREFFE DU TRIBUNAL DE COMMERCE DE CASTRES

12773 - 716620141 RCS. AVERPEAUXForme : Société à responsabilité limitée. Adresse : Zone Industrielle de Bonnecombe 81200 Mazamet. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

22/08/2012

Bodacc C

Comptes annuels et rapports

81 - TARN

GREFFE DU TRIBUNAL DE COMMERCE DE CASTRES

12976 - 716620141 RCS. AVERPEAUXForme : Société à responsabilité limitée. Adresse : Zone Industrielle de Bonnecombe 81200 Mazamet. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

12/10/2010

Bodacc C

Comptes annuels et rapports

81 - TARN

GREFFE DU TRIBUNAL DE COMMERCE DE CASTRES

11834 - 716620141 RCS. AVERPEAUXForme : Société à responsabilité limitée. Adresse : Zone Industrielle de Bonnecombe 81200 Mazamet. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

23/09/2009

Bodacc C

Comptes annuels et rapports

81 - TARN

GREFFE DU TRIBUNAL DE COMMERCE DE CASTRES

7731 - 716620141 RCS. AVERPEAUXForme : Société à responsabilité limitée. Adresse : Zone Industrielle de Bonnecombe 81200 Mazamet. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

25/09/2008

Bodacc C

Comptes annuels et rapports

81 - TARN

GREFFE DU TRIBUNAL DE COMMERCE DE CASTRES

9972 - 716620141 RCS. AVERPEAUXForme : Société à responsabilité limitée. Adresse : 4 rue de la Ferronnerie 81200 Mazamet. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

21/11/2007

Bodacc C

Avis de dépôt des comptes

11980 - 716 620 141. RCS Castres AVERPEAUX. Forme: Société à responsabilité limitée. Adresse du siège social: Zone Industrielle de Bonnecombe, 81200 Mazamet. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

08/08/2006

Bodacc C

Avis de dépôt des comptes

4724 - RCS Castres B 716 620 141. RC 66-B 14. AVERPEAUX. Forme: S.A.R.L.. Adresse du siège social: Zone Industrielle de Bonnecombe,81200 Mazamet. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

17/10/2005

Bodacc C

Avis de dépôt des comptes

5305 - RCS Castres B 716 620 141. RC 66-B 14. AVERPEAUX. Forme: S.A.R.L.. Adresse du siège social: Zone Industrielle de Bonnecombe,81200 Mazamet. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

11/11/2001

Bodacc B

Modifications et mutations diverses

RCS Castres B 716620141 RC 66-B 14 AVERPEAUX. Forme : S.A.R.L. Capital : 72 000 euros. Adresse du siège social : Z.I. de Bonnecombe, 81200 Mazamet. Commentaires : modification survenue sur le capital (augmentation et conversion en euros). Date d'effet : 11 octobre 2001.

 

 

Company events history

 

Date

Description

11/08/2015

Bodacc C : Deposit accounts notice

07/08/2015

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

31/12/2014

New accounts available

20/08/2014

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

12/08/2014

Bodacc C : Deposit accounts notice

31/12/2013

New accounts available

19/08/2013

Bodacc C : Deposit accounts notice

13/08/2013

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

31/12/2012

New accounts available

30/08/2012

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

22/08/2012

Bodacc C : Deposit accounts notice

31/12/2011

New accounts available

23/07/2011

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

31/12/2010

New accounts available

06/11/2010

Update of Company Activity

06/11/2010

Modification of Company Activity

12/10/2010

Bodacc C : Deposit accounts notice

31/12/2009

Update of Company Activity

31/12/2009

New accounts available

31/12/2009

Modification of Company Activity

31/12/2009

Update of Company Workforce

23/09/2009

Bodacc C : Deposit accounts notice

31/12/2008

New accounts available

25/09/2008

Bodacc C : Deposit accounts notice

31/12/2007

New accounts available

31/12/2006

New accounts available

31/12/2005

New accounts available

31/12/2004

New accounts available

31/12/2003

New accounts available

24/10/2001

Private document

24/10/2001

Minutes of general meeting of shareholders

24/10/2001

Conversion of equity to euro

24/10/2001

Capital increase

24/11/1999

Sale of shares

24/11/1999

Private document

 

 

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

06/08/2015

19/08/2014

10/08/2013

Activity Code

1511Z

1511Z

1511Z

Employees

0

0

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

8,028

-52.5 %

16,905

-34.4 %

25,789

175,315

-95.4 %

 Intangible assets

762

0%

762

0%

762

773

-1.4 %

 Tangible assets

4,979

-64.1 %

13,856

-39.1 %

22,740

175,315

-97.2 %

 Financial assets

2,287

0%

2,287

0%

2,287

762

200.1 %

Net current assets

696,102

-33.0 %

1,038,366

52.9 %

678,898

1,099,163

-36.7 %

 Stocks

534,501

-11.9 %

606,605

24.5 %

487,078

355,803

50.2 %

 Advanced payments

0

0%

0

0%

0

0

0%

 Receivables

143,815

-57.7 %

339,649

159.6 %

130,822

348,379

-58.7 %

 Securities and cash

17,786

-80.7 %

92,112

51.0 %

60,998

76,643

-76.8 %

 Prepaid expenses

-

-

-

-

-

865

-

Accounts of regularization

0

0%

0

0%

0

0

0%

Total Assets

704,129

-33.3 %

1,055,272

49.8 %

704,688

1,209,574

-41.8 %

 

Passive Account

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Shareholders' equity

371,547

-10.2 %

413,586

2.6 %

403,060

430,382

-13.7 %

Share capital

72,000

0%

72,000

0%

72,000

100,000

-28.0 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

0

0%

0

0%

0

0

0%

Liabilities

332,582

-48.2 %

641,685

112.7 %

301,628

475,452

-30.0 %

 Financial liabilities

126,924

69.8 %

74,749

-37.1 %

118,830

104,293

21.7 %

 Advanced payments received

0

0%

0

0%

0

0

0%

 Trade account payables

163,730

-67.4 %

501,982

328.1 %

117,251

173,658

-5.7 %

 Tax and social liabilities

41,928

-35.3 %

64,770

-0.9 %

65,370

110,932

-62.2 %

 Other debts and fixed assets liabilities

0

0%

183

2.8 %

178

12,671

0%

Account regularization

0

0%

0

0%

0

0

0%

Total liabilities

704,130

-33.3 %

1,055,271

49.8 %

704,688

1,209,574

-41.8 %

 

Results

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Sales of Goods

1,030,531

-44.8 %

1,867,545

78.5 %

1,046,253

1,872,925

-45.0 %

Net turnover

1,071,367

-35.8 %

1,670,070

55.4 %

1,074,910

1,836,811

-41.7 %

 of which net export turnover

218,529

-73.1 %

812,385

456.8 %

145,895

100,495

117.5 %

Operating charges

1,084,508

-41.3 %

1,846,086

76.5 %

1,045,750

1,733,253

-37.4 %

Operating profit/loss

-53,977

-351.5 %

21,459

4166.2 %

503

27,680

-295.0 %

Financial income

41,529

0%

0

0%

108

981

4133.3 %

Financial charges

5,462

-10.4 %

6,096

27.0 %

4,800

5,246

4.1 %

Financial profit/loss

36,067

691.7 %

-6,096

-29.9 %

-4,692

-480

7614.0 %

Pretax net operating income

-17,910

-216.6 %

15,363

466.7 %

-4,189

16,439

-208.9 %

Extraordinary income

0

0%

0

0%

2

5,529

0%

Extraordinary charges

130

-93.0 %

1,868

93300.0 %

2

367

-64.6 %

Extraordinary profit/loss

-129

93.1 %

-1,868

-186700.0 %

-1

4

-3325.0 %

Net result

-18,039

-271.4 %

10,527

334.9 %

-4,482

24,574

-173.4 %

 

 

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

704,129

-33.3 %

1,055,272

49.8 %

704,688

Gross

CO

978,556

-28.5 %

1,368,245

41.0 %

970,465

Amortisation

1A

274,427

-12.3 %

312,973

17.8 %

265,777

 

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

0%

0

 

Active fixed asset (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Active fixed asset (II)

Net

8,028

-52.5 %

16,905

-34.4 %

25,789

Gross

BJ

251,283

-0.9 %

253,537

0%

253,537

Amortisation

BK

243,255

2.8 %

236,632

3.9 %

227,748

 

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

0

0%

0

0%

0

Gross

AF

3,647

0%

3,647

0%

3,647

Amortisation

AG

3,647

0%

3,647

0%

3,647

Goodwill

Net

762

0%

762

0%

762

Gross

AH

762

0%

762

0%

762

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

762

0%

762

0%

762

 

Tangilble fixed assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Lands

Net

3,267

0%

3,267

0%

3,267

Gross

AN

3,267

0%

3,267

0%

3,267

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

0

0%

0

0%

0

Gross

AP

73,131

0%

73,131

0%

73,131

Amortisation

AQ

73,131

0%

73,131

0%

73,131

Plant

Net

295

-31.2 %

429

-23.7 %

562

Gross

AR

96,902

0%

96,902

0%

96,902

Amortisation

AS

96,607

0.1 %

96,473

0.1 %

96,340

Other tangible fixed assets

Net

1,417

-86.1 %

10,160

-46.3 %

18,911

Gross

AT

71,286

-3.1 %

73,541

0%

73,541

Amortisation

AU

69,869

10.2 %

63,381

16.0 %

54,630

Fixed assets in construction

Net

0

0%

0

0%

0

Gross

AV

0

0%

0

0%

0

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

0

0%

0

0%

0

Gross

AX

0

0%

0

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

4,979

-64.1 %

13,856

-39.1 %

22,740

 

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

2,287

0%

2,287

0%

2,287

Gross

BH

2,287

0%

2,287

0%

2,287

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

2,287

0%

2,287

0%

2,287

 

Current Assets (III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Current Assets

Net

696,102

-33.0 %

1,038,366

52.9 %

678,898

Gross

CJ

727,274

-34.8 %

1,114,706

55.5 %

716,926

Amortisation

CK

31,172

-59.2 %

76,340

100.7 %

38,028

 

Stocks

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Raw materials

Net

0

0%

0

0%

0

Gross

BL

0

0%

0

0%

0

Amortisation

BM

0

0%

0

0%

0

Work in progress (goods)

Net

0

0%

0

0%

0

Gross

BN

0

0%

0

0%

0

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

534,501

-11.9 %

606,605

24.5 %

487,078

Gross

BR

565,673

-17.2 %

682,945

30.1 %

525,106

Amortisation

BS

31,172

-59.2 %

76,340

100.7 %

38,028

Goods for resale

Net

0

0%

0

0%

0

Gross

BT

0

0%

0

0%

0

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

534,501

-11.9 %

606,605

24.5 %

487,078

 

Advance payments to suppliers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Advance payments to suppliers

Net

0

0%

0

0%

0

Gross

BV

0

0%

0

0%

0

Amortisation

BW

0

0%

0

0%

0

 

Debtors

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Trade accounts receivable

Net

121,449

-57.5 %

285,609

167.2 %

106,909

Gross

BX

121,449

-57.5 %

285,609

167.2 %

106,909

Amortisation

BY

0

0%

0

0%

0

Other debtors

Net

15,218

-69.7 %

50,189

130.7 %

21,757

Gross

BZ

15,218

-69.7 %

50,189

130.7 %

21,757

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

136,667

-59.3 %

335,798

161.0 %

128,666

 

Divers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Investment securities

Net

2,705

0%

2,705

0%

2,705

Gross

CD

2,705

0%

2,705

0%

2,705

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

15,081

-83.1 %

89,407

53.4 %

58,293

Gross

CF

15,081

-83.1 %

89,407

53.4 %

58,293

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

17,786

-80.7 %

92,112

51.0 %

60,998

 

Prepaid expenses

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Prepaid expenses

Net

7,148

85.6 %

3,851

78.6 %

2,156

Gross

CH

7,148

85.6 %

3,851

78.6 %

2,156

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

704,130

-33.3 %

1,055,271

49.8 %

704,688

 

Shareholder Equity (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total shareholders' equity (Total I)

DL

371,547

-10.2 %

413,586

2.6 %

403,060

Equity and shareholders' equity

DA

72,000

0%

72,000

0%

72,000

Issue and merger premiums

DB

0

0%

0

0%

0

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

7,200

0%

7,200

0%

7,200

Statutory or contractual reserve

DE

310,386

-5.5 %

328,342

0%

328,342

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

0

0%

0

0%

0

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

0

0%

-4,482

0%

0

Profit or loss for the period

DI

-18,039

-271.4 %

10,527

334.9 %

-4,482

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

0

0%

0

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

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

0

0%

0

0%

0

Risk provisions

DP

0

0%

0

0%

0

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

332,582

-48.2 %

641,685

112.7 %

301,628

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

0

0%

56

-97.2 %

2,028

Sundry loans and financial liabilities

DV

126,924

69.9 %

74,693

-36.1 %

116,802

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

0

0%

0

0%

0

Trade accounts payables

DX

163,730

-67.4 %

501,982

328.1 %

117,251

Tax and social security liabilities

DY

41,928

-35.3 %

64,770

-0.9 %

65,370

Fixed asset liabilities

DZ

0

0%

0

0%

0

Other debts

EA

0

0%

183

2.8 %

178

 

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

0

0%

0

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

332,582

-48.2 %

641,685

112.7 %

301,628

Of which current bank facilities

EH

0

0%

56

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

-53,977

-351.5 %

21,459

4166.2 %

503

 

2 - Financial result (V-VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Financial result (Total V-VI)

GV

36,067

691.7 %

-6,096

-29.9 %

-4,692

 

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

-17,910

-216.6 %

15,363

466.7 %

-4,189

 

 - Extraordinary result (VII-VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Extraordinary result (Total VII-VIII)

HI

-129

93.1 %

-1,868

-186700.0 %

-1

 

Profit or loss

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Profit or loss

HN

-18,039

-271.4 %

10,527

334.9 %

-4,482

 

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

1,072,061

-42.6 %

1,867,545

78.5 %

1,046,363

 

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

1,090,100

-41.3 %

1,857,018

76.7 %

1,050,845

 

Operating income (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating income (Total I)

FR

1,030,531

-44.8 %

1,867,545

78.5 %

1,046,253

 

Operating income (details)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sale of goods for resale

FC

0

0%

0

0%

0

France

FA

0

0%

0

0%

0

Export

FB

0

0%

0

0%

0

Sale of goods produced

FF

1,071,367

-35.8 %

1,670,070

55.4 %

1,074,910

France

FD

852,838

-0.6 %

857,685

-7.7 %

929,015

Export

FE

218,529

-73.1 %

812,385

456.8 %

145,895

Sale of services

FI

0

0%

0

0%

0

France

FG

0

0%

0

0%

0

Export

FH

0

0%

0

0%

0

Net turnover

FL

1,071,367

-35.8 %

1,670,070

55.4 %

1,074,910

France

FJ

852,838

-0.6 %

857,685

-7.7 %

929,015

Export

FK

218,529

-73.1 %

812,385

456.8 %

145,895

Stocked production

FM

-117,272

-174.3 %

157,839

370.6 %

-58,340

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

0

0%

0

0%

0

Release of reserves and provisions

FP

76,340

97.6 %

38,625

30.1 %

29,683

Other income

FQ

95

-90.6 %

1,011

0%

0

 

Operating charges (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating charges (Total II)

GF

1,084,508

-41.3 %

1,846,086

76.5 %

1,045,750

 

Exploitation charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Purchase of goods for resale

FS

0

0%

0

0%

0

Change in stocks of goods for resale

FT

0

0%

0

0%

0

Purchase of raw materials

FU

714,229

-47.7 %

1,366,723

105.8 %

664,102

Change in stocks of raw materials

FV

0

0%

0

0%

0

Other external purchases and charges

FW

130,182

-28.5 %

182,011

39.0 %

130,920

Tax, duty and similar payments

FX

11,113

-22.0 %

14,250

11.4 %

12,788

Payroll

FY

131,642

-4.3 %

137,596

4.2 %

131,989

Social security costs

FZ

54,696

-8.5 %

59,765

1.8 %

58,690

 

Depreciation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Depreciation of fixed assets

GA

8,876

-0.1 %

8,885

-3.8 %

9,233

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

31,172

-59.2 %

76,340

100.7 %

38,028

Provisions for risks and charges

GD

0

0%

0

0%

0

 

Other charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Other charges

GE

2,597

403.3 %

516

0%

0

 

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

41,529

0%

0

0%

108

Share financial income

GJ

0

0%

0

0%

0

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

41,529

0%

0

0%

0

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

0

0%

0

0%

108

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

5,462

-10.4 %

6,096

27.0 %

4,800

Financial reserves and provisions

GQ

0

0%

0

0%

0

Interest and similar charges

GR

5,462

-10.4 %

6,096

27.0 %

4,800

Exchange losses

GS

0

0%

0

0%

0

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

0

0%

0

0%

2

Extraordinary operating income

HA

1

0%

0

0%

0

Extraordinary income from capital transactions

HB

0

0%

0

0%

0

Released provisions and transferred charges

HC

0

0%

0

0%

0

 

Extraordinary charges (VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total extraordinary charges (Total VIII)

HH

130

-93.0 %

1,868

93300.0 %

2

Extraordinary operating charges

HE

1

-99.9 %

1,868

93300.0 %

2

Extraordinary charges from capital transactions

HF

129

0%

0

0%

0

Extraordinary reserves and provisions

HG

0

0%

0

0%

0

 

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

0

0%

2,968

916.4 %

292

 

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

Of which transferred charges

A1

0

0%

0

0%

4,408

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

0

0%

0

0%

0

Decreasess by transfers

OK2

2,255

0%

0

0%

473

Gross value at the end of period

OL

251,284

-0.9 %

253,538

0%

253,538

 

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

4,410

0%

4,410

0%

4,410

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

0

0%

0

0%

0

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

4,410

0%

4,410

0%

4,410

 

Tangible fixed assets (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

LN

246,841

0.0 %

246,842

0.1 %

246,646

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

0

0%

0

0%

669

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

2,255

0%

0

0%

473

Gross value at the end of period

NH

244,586

-0.9 %

246,842

0%

246,842

 

Financial assets (Total IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

LQ

2,287

0%

2,287

0%

2,287

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

0

0%

0

0%

0

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

0

0%

0

0%

0

Gross value at the end of period

NK

2,287

0%

2,287

0%

2,287

 

 

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

3,647

0%

3,647

0%

3,647

Increases

PF

0

0%

0

0%

0

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

3,647

0%

3,647

0%

3,647

 

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

232,986

4.0 %

224,103

4.1 %

215,342

Increases

QV

8,876

-0.1 %

8,884

-3.8 %

9,232

Decreases

QW

2,255

0%

0

0%

473

Decreasess by budget item transfer

QX

239,607

2.8 %

232,987

4.0 %

224,101

 

 

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

76,340

100.7 %

38,028

50.5 %

25,275

Increases

UB

31,172

-59.2 %

76,340

100.7 %

38,028

Decreases

UC

76,340

100.7 %

38,028

50.5 %

25,275

Value at the end of period

UD

31,172

-59.2 %

76,340

100.7 %

38,028

 

Includes Total allocations

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating

UE

31,172

-59.2 %

76,340

100.7 %

38,028

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

0

0%

0

0%

0

 

Includes Total Withdrawal

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating

UF

76,340

100.7 %

38,028

50.5 %

25,275

Financial

UH

0

0%

0

0%

0

Exceptional

UK

0

0%

0

0%

0

 

Total regulated provisions (Total I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

 

Total risk and charge provisions (Total II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

5Z

0

0%

0

0%

0

Increases

TV

0

0%

0

0%

0

Decreases

TW

0

0%

0

0%

0

Value at the end of period

TX

0

0%

0

0%

0

 

Total Provision for depreciation (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

7B

76,340

100.7 %

38,028

50.5 %

25,275

Increases

TY

31,172

-59.2 %

76,340

100.7 %

38,028

Decreases

TZ

76,340

100.7 %

38,028

50.5 %

25,275

Value at the end of period

UA

31,172

-59.2 %

76,340

100.7 %

38,028

 

 

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

146,102

-57.3 %

341,936

156.9 %

133,110

1 year at most

VU

143,815

-57.7 %

339,649

159.6 %

130,823

More than one year

VV

2,287

0%

2,287

0%

2,287

 

State of loans

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Claims related to holdings (gross)

UL

0

0%

0

0%

0

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

0

0%

0

0%

0

Loans (1 year at most)

UR

0

0%

0

0%

0

Other financial assets (gross)

UT

2,287

0%

2,287

0%

2,287

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

0

0%

0

0%

0

Other claims customer

UX

121,449

-57.5 %

285,609

167.2 %

106,909

Receivables represent Loaned Securities

UU

0

0%

0

0%

0

Provision for depreciation previously established

UQ

0

0%

0

0%

0

Personnel and associated accounts

UY

0

0%

0

0%

0

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

1,782

0%

0

0%

19,572

Value added tax

VB

3,786

-92.5 %

50,189

2197.0 %

2,185

Other taxes and payments assimilated

VN

0

0%

0

0%

0

State and other public - Miscellaneous

VP

0

0%

0

0%

0

Group and Associates

VC

0

0%

0

0%

0

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

VR

9,650

0%

0

0%

0

 

Prepaid

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Prepaid

VS

7,148

85.6 %

3,851

78.6 %

2,156

 

State Debt

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total debt (gross)

VY

332,582

-48.2 %

641,685

112.7 %

301,628

1 year at most

VZ2

332,582

-48.2 %

641,685

112.7 %

301,628

More than 1 year and 5 years at most

VZ3

0

0%

0

0%

0

More than 5 years

VZ4

0

0%

0

0%

0

 

Details

 

31/12/2014

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

0

0%

56

0%

0

1 year at most

VG2

0

0%

56

0%

0

More than 1 year and 5 years at most

VG3

0

0%

0

0%

0

Borrowing & debts to more than 1 year at the origin (gross)

VH1

0

0%

0

0%

2,028

1 year at most

VH2

0

0%

0

0%

2,028

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

80,000

100.0 %

40,000

-42.9 %

70,000

1 year at most

8A2

80,000

100.0 %

40,000

-42.9 %

70,000

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

163,730

-67.4 %

501,982

328.1 %

117,251

1 year at most

8B2

163,730

-67.4 %

501,982

328.1 %

117,251

More than 1 year and 5 years at most

8B3

163,730

-67.4 %

501,982

328.1 %

117,251

Personnel and associated accounts (gross)

8C1

9,691

-67.2 %

29,567

-7.0 %

31,781

1 year at most

8C2

9,691

-67.2 %

29,567

-7.0 %

31,781

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

22,855

-17.7 %

27,779

-5.8 %

29,492

1 year at most

8D2

22,855

-17.7 %

27,779

-5.8 %

29,492

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

1,795

0%

0

1 year at most

8E2

0

0%

1,795

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

6,889

0%

0

0%

0

1 year at most

VW2

6,889

0%

0

0%

0

More than 1 year and 5 years at most

VW3

0

0%

0

0%

0

Backed Obligations (gross)

VX1

0

0%

0

0%

0

1 year at most

VX2

0

0%

0

0%

0

More than 1 year and 5 years at most

VX3

0

0%

0

0%

0

Other taxes and assimilated (gross)

VQ1

2,493

-55.7 %

5,629

37.4 %

4,097

1 year at most

VQ2

2,493

-55.7 %

5,629

37.4 %

4,097

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

0

0%

0

1 year at most

8J2

0

0%

0

0%

0

More than 1 year and 5 years at most

8J3

0

0%

0

0%

0

More than 5 years

8J4

0

0%

0

0%

0

Groups and associates (gross)

VI1

46,924

35.3 %

34,693

-25.9 %

46,802

1 year at most

VI2

46,924

35.3 %

34,693

-25.9 %

46,802

More than 1 year and 5 years at most

VI3

0

0%

0

0%

0

More than 5 years

V14

0

0%

0

0%

0

Other liabilities (gross)

8K1

0

0%

183

2.8 %

178

1 year at most

8K2

0

0%

183

2.8 %

178

More than 1 year and 5 years at most

8K3

0

0%

0

0%

0

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

0

1 year at most

8L2

0

0%

0

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

References

 

31/12/2014

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%

11,958

 

 

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%

0

0%

0

Commitments Real Estate Leasing

YR

0

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

 

Other charges Externes

 

31/12/2014

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

0

0%

0

0%

0

 

Groups and Shareholders

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Fixed Asset Financing

2.95

3.1 %

2.86

-3.4 %

2.96

2.42

21.9 %

Global Debt

112 days

-18.8 %

138 days

36.6 %

101 days

110 days

1.8 %

Working Capital Fund overall net

165 days

61.8 %

102 days

-38.6 %

166 days

123 days

34.7 %

Financial independence

292.73 %

-47.1 %

553.30 %

63.1 %

339.19 %

336.44 %

-13.0 %

Solvability

52.77 %

34.7 %

39.19 %

-31.5 %

57.20 %

47.33 %

11.5 %

Capacity debt futures

-

-

738,546.43 %

3616.0 %

19,874.75 %

1,888.63 %

-

Coverage of current assets by net working capital overall

67.85 %

60.3 %

42.33 %

-38.8 %

69.15 %

58.66 %

15.7 %

General Liquidity

0.43

-18.9 %

0.53

23.3 %

0.43

0.59

-27.1 %

Restricted Liquidity

0.49

-26.9 %

0.67

4.7 %

0.64

0.99

-50.5 %

 

Management or rotation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Need background in operating working capital

156 days

92.6 %

81 days

-44.1 %

145 days

92 days

70.5 %

Treasury

6 days

-70.0 %

20 days

0%

20 days

10 days

-40.0 %

Inventory turnover of goods

-

-

-

-

-

99 days

-

Average length of credit granted to customers

41 days

-33.9 %

62 days

72.2 %

36 days

52 days

-20.4 %

Average length of credit obtained suppliers

70 days

-40.2 %

117 days

120.8 %

53 days

44 days

59.1 %

Inventory turnover of raw materials in industrial enterprises

0 days

0%

0 days

0%

0 days

64 days

0%

Inventory turnover of intermediate and finished products in the industrial enterprise

438 days

-35.3 %

677 days

55.6 %

435 days

524 days

-16.4 %

Rotation tangible assets

438.03 %

-35.3 %

676.57 %

55.4 %

435.46 %

438.03 %

0%

 

Profitability of the business

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Margin trading

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Profitability of the business

-8.19 %

-302.2 %

4.05 %

141.1 %

1.68 %

4.89 %

-267.5 %

Net profit

-1.68 %

-366.7 %

0.63 %

250.0 %

-0.42 %

2.46 %

-168.3 %

Growth rate of turnover (excluding VAT)

-35.85 %

-164.7 %

55.37 %

374.7 %

-20.16 %

1.23 %

-3014.6 %

Rates integration

10.24 %

-38.8 %

16.72 %

-18.9 %

20.61 %

27.35 %

-62.6 %

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Work Factor

169.89 %

140.3 %

70.69 %

-17.9 %

86.07 %

73.91 %

129.9 %

Weight interests

0.51 %

37.8 %

0.37 %

-17.8 %

0.45 %

0.30 %

70.0 %

 

Return on capital

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Cash flow from the overall profitability

-7.97 %

-618.0 %

-1.11 %

41.9 %

-1.91 %

3.52 %

-326.4 %

Rates of economic profitability

-18.00 %

-228.6 %

14.00 %

366.7 %

3.00 %

9.00 %

-300.0 %

Financial profitability

371,547.00 %

-10.2 %

413,586.00 %

2.6 %

403,060.00 %

426,332.00 %

-12.9 %

Return on investment

-2.52 %

-174.1 %

3.40 %

5566.7 %

0.06 %

4.39 %

-157.4 %

 

Management intermediate balances

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Turnover

1,071,367

-35.8 %

1,670,070

55.4 %

1,074,910

1,836,811

-41.7 %

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Sales of goods

0

0%

0

0%

0

-

- Purchase of goods

0

0%

0

0%

0

-

+/- Stock of goods variation

0

0%

0

0%

0

-

Trading margin

0 €

0%

0 €

0%

0 €

0 €

0%

0.00 % CA

0%

0.00 % CA

0%

0.00 % CA

0.00 % CA

0%

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Sale of goods produced

1,071,367

-35.8 %

1,670,070

55.4 %

1,074,910

-

+/- Stocked production

-117,272

-174.3 %

157,839

370.6 %

-58,340

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

954,095 €

-47.8 %

1,827,909 €

79.8 %

1,016,570 €

1,310,669 €

-27.2 %

89.05 % CA

-18.6 %

109.45 % CA

15.7 %

94.57 % CA

100.00 % CA

-11.0 %

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Trading margin

0

0%

0

0%

0

0

0%

+ Period Production

954,095

-47.8 %

1,827,909

79.8 %

1,016,570

1,310,669

-27.2 %

- Purchase of raw materials

714,229

-47.7 %

1,366,723

105.8 %

664,102

-

+/- Change in stocks of raw materiels

0

0%

0

0%

0

-

- Other external purchases and charges

130,182

-28.5 %

182,011

39.0 %

130,920

-

Added value

109,684 €

-60.7 %

279,175 €

26.0 %

221,548 €

551,999 €

-80.1 %

10.24 % CA

-38.8 %

16.72 % CA

-18.9 %

20.61 % CA

27.35 % CA

-62.6 %

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Added value

109,684 €

-60.7 %

279,175 €

26.0 %

221,548 €

551,999 €

-80.1 %

+ Operating grants

0

0%

0

0%

0

-

- Tax, duty and similar payments

11,113

-22.0 %

14,250

11.4 %

12,788

-

- Personal charges

186,338

-5.6 %

197,361

3.5 %

190,679

-

Gross operating surplus

-87,767 €

-229.9 %

67,564 €

273.7 %

18,081 €

53,439 €

-264.2 %

-8.19 % CA

-302.2 %

4.05 % CA

141.1 %

1.68 % CA

4.89 % CA

-267.5 %

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Gross operating surplus

-87,767 €

-229.9 %

67,564 €

273.7 %

18,081 €

53,439 €

-264.2 %

+ Release of reserves and provisions

76,340

97.6 %

38,625

30.1 %

29,683

-

+ Other operating income

95

-90.6 %

1,011

0%

0

-

- Depreciation/ Amortisation

40,048

-53.0 %

85,225

80.3 %

47,261

-

- Other charges

2,597

403.3 %

516

0%

0

-

Operating result

-53,977 €

-351.5 %

21,459 €

4166.2 %

503 €

27,682 €

-295.0 %

-5.04 % CA

-493.8 %

1.28 % CA

2460.0 %

0.05 % CA

2.43 % CA

-307.4 %

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Operating result

-53,977 €

-351.5 %

21,459 €

4166.2 %

503 €

27,682 €

-295.0 %

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

0

0%

0

0%

0

-

+ Financial income

41,529

0%

0

0%

108

-

- Financial charges

5,462

-10.4 %

6,096

27.0 %

4,800

-

Pre-tax result

-17,910 €

-216.6 %

15,363 €

466.7 %

-4,189 €

16,438 €

-209.0 %

-1.67 % CA

-281.5 %

0.92 % CA

335.9 %

-0.39 % CA

2.38 % CA

-170.2 %

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Extraordinary income

0

0%

0

0%

2

5,529

0%

- Extraordinary charges

130

-93.0 %

1,868

93300.0 %

2

-

Extraordinary result

-130 €

93.0 %

-1,868 €

0%

0 €

4 €

-3350.0 %

-0.01 % CA

90.9 %

-0.11 % CA

0%

0.00 % CA

0.07 % CA

-114.3 %

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Pre-tax result

-17,910 €

-216.6 %

15,363 €

466.7 %

-4,189 €

16,438 €

-209.0 %

Extraordinary result

-130 €

93.0 %

-1,868 €

0%

0 €

4 €

-3350.0 %

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

0

0%

2,968

916.4 %

292

-

Net result

-18,040 €

-271.4 %

10,527 €

334.9 %

-4,481 €

24,575 €

-173.4 %

-1.68 % CA

-366.7 %

0.63 % CA

250.0 %

-0.42 % CA

2.46 % CA

-168.3 %

 

 

 

 

 

 

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 :

KAS

 

 

Report Prepared by :

ASH

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

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

 

Unlimited

71-85

Aa

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

 

Large

56-70

A

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

 

Fairly Large

41-55

Ba

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

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

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

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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

 

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

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

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

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