|
Report No. : |
344996 |
|
Report Date : |
17.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
RISATEL-SOCIEDADE COMERCIAL DE FIOS TEXTES LDA |
|
|
|
|
Registered Office : |
Rua
Do Vilar Nr. 675 4835-256-Guimarães, Braga |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2014 |
|
|
|
|
Date of Incorporation : |
02.12.1997 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
|
|
|
|
|
No. of Employees : |
21 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made on
e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Portugal |
B1 |
B1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
PORTUGAL - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union (EMU) in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members. The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. The economy contracted in 2009, and fell again from 2011 to 2014, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. A modest recovery began in 2013 and gathered steam in in 2014 due to strong export performance and a rebound in private consumption. Although austerity measures were instituted to reduce the large budget deficit, they contributed to record unemployment and a wave of emigration not seen since the 1960s. A continued reduction in private- and public-sector debt could weigh on consumption and investment in 2015, holding back a stronger recovery. The government of Pedro PASSOS COELHO has passed legislation aimed at reducing labor market rigidity, and, this, along with sustained fiscal discipline, could make Portugal more attractive to foreign direct investment. The government reduced the budget deficit from 11.2% of GDP in 2010 to 4.8% in 2014, a figure that is significantly higher than the EU-IMF target of 4%. The government has pledged to lower the deficit to under 3% of GDP in 2015 in order to comply with EU fiscal obligations, under the excessive deficit procedure. Legislative elections in 2015 could increase the risk of fiscal slippage and undermine investor confidence in Portugal’s economy, which has improved over the course of the EU-IMF program. EU-IMF financing expired in May 2014.
|
Source
: CIA |
|
Name |
RISATEL-SOCIEDADE
COMERCIAL DE FIOS TEXTEIS LDA |
|
|
IIC Number |
412060 |
|
|
|
|
|
|
|
|
V.A.T. |
|
|
|
|
Number / |
504024477 |
|
|
|
NIF |
|
|
|
|
|
|
|
|
|
Address |
Rua Do Vilar Nr.
675 |
|
|
|
|
|
|
|
|
Postal Code |
4835-256-GUIMARÃES |
|
|
|
|
|
|
|
|
Municipality |
GUIMARAES |
|
|
|
|
|
|
|
|
District |
BRAGA |
|
|
|
|
|
|
|
|
Country |
Portugal |
|
|
|
|
|
|
|
|
Telephone |
253520730 |
|
|
|
|
|
|
|
|
Fax |
253520739 |
|
|
|
|
|
|
|
|
E-Mail |
risatel@risatel.com |
|
|
|
|
|
|
|
|
Web Site |
www.risatel.com |
|
|
|
|
|
|
|
|
CAE Main |
46410- Wholesale
trade of textiles |
|
|
|
|
2012 |
2013 |
2014 |
|
Net Sales |
26.026.591,51 |
26.123.980,51 |
26.187.983,30 |
|
Net Income For the
Year |
267.341,30 |
339.839,23 |
332.500,18 |
|
Shareholders Funds |
4.860.950,89 |
5.800.790,12 |
6.133.290,30 |
|
Stocks |
7.285.084,32 |
9.053.840,44 |
13.174.168,56 |
|
LIABILITY |
13.959.865,56 |
15.048.441,64 |
18.761.987,42 |
|
ASSETS |
18.820.816,45 |
20.849.231,76 |
24.895.277,72 |
Consulted
sources say that the subject has been respecting its payments and commercial commitments,
so credit connections with this company are recommended.
|
Legal Form |
Private Limited Company |
|
Constitution |
02-12-1997 |
|
V.A.T. Number / NIF |
504024477 |
|
Employees |
21 |
|
Capital |
3.000.000,00 |
|
Sales in : 31-12-2014 |
26.187.983,30 |
|
Shareholders Funds in: 31-12-2014 |
6.133.290,30 |
|
Payments |
No Complaints |
|
Actual Condition |
In activity |
Insolvencies / Revitalization Processes
NO
Tax Situation
On
this date the subject is Not registered in the debtors list of the tax
authorities
Contributive Situation (Social Security)
Information
currently unavailable at the source.
|
JOAO NUNO DA CUNHA GUIMARAES SANTOALHA |
Manager |
|
VITOR VALDEMAR TEIXEIRA RIBEIRO |
Managing-Partner |
Registed
on the Register Record Office of Guimaraes with the Register Number 504024477
previous number 5738 in 21-11-1997 Constitution celebrated in 02-12-1997
published on Diário da República number 18 of 22-01-1998 To oblige the company
it is necessary 1 signatures
Changes to Society
In 28-11-2013 on
Portal MJ of 10-12-2013 manager change
In 21-11-2013 on
Portal MJ of 21-11-2013 update of the Head Office Village
In 25-01-2010 on Portal
MJ of 26-01-2010 increase of capital Clique para ver detalhes
to 3.000.000€
In 31-01-2001 on
Diário da República number 60 of 12-03-2001 increase of capital Clique para ver
detalhes
to 60.000.000$00
The Capital is
3.000.000,00
with the following distribution
|
VITOR VALDEMAR TEIXEIRA RIBEIRO |
1.500.000,00 |
50% |
|
MARIA ALEXANDRA PINHEIRO JORDAO SANTOALHA |
1.500.000,00 |
50% |
|
Name |
JOAO NUNO DA CUNHA GUIMARAES SANTOALHA |
|
Funtion |
Manager |
|
Address |
Avenida D. João IV - Quinta do Campo, Lote 6 |
|
Locality |
4810-535 GUIMARAES |
|
Naturality |
São Sebastião - Guimarães |
|
Civil State |
Married |
|
Consort |
Maria Alexandra Pinheiro Jordão Santoalha |
|
Previous Connections |
Exerceu a sua actividade como empresário em
nome individual. |
|
Professional |
|
|
Connections |
The subject has connections with the
following company (ies) |
|
|
VIMARDOMUS-INVESTIMENTOS IMOBILIARIOS SA as
Administrator . LETASIR-IMOBILIARIA LDA as Managing-Partner
with a participation of 100.000,00 , in a capital of 200.000,00 . FIBRATEL-COMERCIO DE TEXTEIS LDA as
Managing-Partner with a participation of 25.000,00 , in a capital of
50.000,00 . RISAFO-COMERCIO E INVESTIMENTOS SA as
Administrator . IMOPRADOS-INVESTIMENTOS IMOBILIARIOS SA as
Board of Director's President . POSSIBLE LEVEL-LDA as Managing-Partner with a
participation of 25.500,00 , in a capital of 100.000,00 . |
|
Name |
VITOR VALDEMAR TEIXEIRA RIBEIRO |
|
Funtion |
Managing-Partner |
|
Address |
Rua Dr.José Sampaio, 761 |
|
Locality |
4810-275 GUIMARAES |
|
Naturality |
Costa - Guimarães |
|
Civil State |
Married |
|
Consort |
Lúcia de Fátima de Freitas Ribeiro |
|
Previous Connections |
Exerceu a sua actividade como empresário em
nome individual. |
|
Professional |
|
|
Connections |
The subject has connections with the
following company (ies) |
|
|
RISAFO-COMERCIO E INVESTIMENTOS SA as Board
of Director's President . MULTIFIBRAS-COMERCIO E IMPORTACAO DE FIOS LDA
as Managing-Partner with a participation of 49.879,79 , in a capital of
99.759,58 . FIBRATEL-COMERCIO DE TEXTEIS LDA as
Managing-Partner with a participation of 25.000,00 , in a capital of
50.000,00 . VIMARDOMUS-INVESTIMENTOS IMOBILIARIOS SA as
Board of Director's President . POSSIBLE LEVEL-LDA as Managing-Partner with a
participation of 25.500,00 , in a capital of 100.000,00 . MEROOFICINA-ARQUITECTOS LDA as
Managing-Partner with a participation of 12.000,00 , in a capital of
16.000,00 . LETASIR-IMOBILIARIA LDA as Partner with a
participation of 100.000,00 , in a capital of 200.000,00 . |
|
Name |
MARIA ALEXANDRA PINHEIRO JORDAO SANTOALHA |
|
Funtion |
Partner |
|
Address |
Avenida D. João IV - Quinta do Campo, Lote 6 |
|
Locality |
4810-535 GUIMARAES |
|
Civil State |
Married |
|
Consort |
João Nuno da Cunha Guimarães Santoalha |
|
Professional |
|
|
Connections |
The subject has connections with the
following company (ies) |
|
|
IMOPRADOS-INVESTIMENTOS IMOBILIARIOS SA as
Board of Director's Member . |
|
Main CAE |
46410-
Wholesale trade of textiles
Business Description
Trade
and import wires
|
Type of Clients |
Industries/Private |
|
|
Companies |
|
Sales Conditions |
Credit |
|
|
Internal Market |
|
International Market |
|
|
||
|
Year |
|
|
|
EU |
Extra-EU |
|
Total |
|
2014 |
24.820.681,16 |
94,78% |
1.054.558,60 |
4,03% |
312.743,54 |
1,19% |
26.187.983,30 |
|
2013 |
26.002.115,50 |
99,53% |
121.865,01 |
0,47% |
0,00 |
0,00% |
26.123.980,51 |
|
2012 |
24.807.986,50 |
95,32% |
1.218.605,01 |
4,68% |
0,00 |
0,00% |
26.026.591,51 |
|
2011 |
24.265.453,37 |
100,00% |
0,00 |
0,00% |
0,00 |
0,00% |
24.265.453,37 |
|
2010 |
32.404.342,01 |
94,33% |
609.142,02 |
1,77% |
1.339.514,52 |
3,90% |
34.352.998,55 |
|
|
Internal Market |
|
International Market |
|
|
||
|
Year |
|
|
|
EU |
Extra-EU |
|
Total |
|
2014 |
3.750.503,41 |
13,71% |
375.452,21 |
1,37% |
23.239.574,35 |
84,92% |
27.365.529,97 |
|
2013 |
4.201.226,19 |
16,50% |
426.777,37 |
1,68% |
20.841.024,25 |
81,83% |
25.469.027,81 |
|
2012 |
4.697.138,73 |
20,16% |
639.772,95 |
2,75% |
17.959.421,11 |
77,09% |
23.296.332,79 |
|
2011 |
23.419.142,41 |
100,00% |
- |
- |
- |
- |
23.419.142,41 |
|
2010 |
- |
- |
- |
- |
30.724.667,57 |
100,00% |
30.724.667,57 |
|
BANIF - BANCO INTERNACIONAL DO FUNCHAL,
SA |
Centro de Empresas de Guimarães |
|
|
|
BANCO BIC PORTUGUES SA |
|
Centro de Empresas de Guimarães |
|
|
CAIXA GERAL DE DEPOSITOS, SA |
|
Guimarães |
|
|
BARCLAYS BANK, PLC |
|
Guimarães |
|
Insolvencies / Revitalization Processes
NO
Tax Situation
On
this date the subject is Not registered in the debtors list of the tax
authorities
Contributive Situation (Social Security)
Information
currently unavailable at the source.
There
are no of incidents on our database
|
Year |
Total |
|
Men |
Women |
|
|
|
2014 |
21 |
17 |
81% |
4 |
19% |
|
|
2013 |
22 |
18 |
82% |
4 |
18% |
|
|
2012 |
23 |
19 |
83% |
4 |
17% |
|
|
2011 |
23 |
19 |
83% |
4 |
17% |
|
|
2010 |
24 |
20 |
83% |
4 |
17% |
|
Companhia
Seguros Allianz Portugal SA
Head
office Rua Do Vilar Nr. 675, 4835-256, GUIMARAES, Tel:253520730, Fax:253520739
Had head office Avenida D. Afonso Henriques, 228, 4810, GUIMARAES
Balance Sheet SNC
|
CoinEUROS |
|
|
|
Year:2014 |
|
|
2014 |
2013 |
2012 |
% Var.2014/13 |
|
ASSET |
|
|
|
|
|
Non-current assets |
|
|
|
|
|
Tangible fixed assets |
1.462.830,22 |
1.519.744,58 |
1.443.970,87 |
(3,74)% |
|
Investment properties |
- |
- |
- |
- |
|
Goodwill |
- |
- |
- |
- |
|
Intangible assets |
- |
- |
- |
- |
|
Biological assets |
- |
- |
- |
- |
|
Financial participations
patrimonial equity method |
- |
- |
- |
- |
|
Financial participations
other methods |
- |
- |
- |
- |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other financial assets |
- |
- |
- |
- |
|
Deferred tax assets |
- |
- |
- |
- |
|
Financial investments(exclusive use by small entities and micro entities) |
- |
- |
- |
- |
|
Total |
1.462.830,22 |
1.519.744,58 |
1.443.970,87 |
(3,74)% |
|
Current assets |
|
|
|
|
|
Inventories |
13.174.168,56 |
9.053.840,44 |
7.285.084,32 |
45,51% |
|
Biological assets |
- |
- |
- |
- |
|
Costumers |
9.271.188,99 |
9.099.247,41 |
9.460.837,44 |
1,89% |
|
Advances to suppliers |
- |
- |
- |
- |
|
State and other public entities |
412.341,68 |
224.560,69 |
482.558,67 |
83,62% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other accounts receivable |
346.596,86 |
790.708,36 |
4.912,12 |
(56,17)% |
|
Deferrals |
16.164,95 |
16.780,89 |
13.657,90 |
(3,67)% |
|
Financial assets held for trading |
85.230,35 |
50.497,36 |
36.997,36 |
68,78% |
|
Other financial assets |
- |
- |
- |
- |
|
Non-current assets held for sale |
- |
- |
- |
- |
|
Other current assets |
- |
- |
- |
- |
|
Cashier and bank deposits |
126.756,11 |
93.852,03 |
92.797,77 |
35,06% |
|
Total |
23.432.447,50 |
19.329.487,18 |
17.376.845,58 |
21,23% |
|
TOTAL ASSET |
24.895.277,72 |
20.849.231,76 |
18.820.816,45 |
19,41% |
|
SHAREHOLDERS FUNDS
AND LIABILITIES |
|
|
|
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
Capital |
3.000.000,00 |
3.000.000,00 |
3.000.000,00 |
- |
|
Own shares |
- |
- |
- |
- |
|
Other shareholders funds instruments |
600.000,00 |
600.000,00 |
- |
- |
|
Emission premiuns |
- |
- |
- |
- |
|
Legal reserves |
600.000,00 |
600.000,00 |
600.000,00 |
- |
|
Other reserves |
1.600.790,12 |
1.260.950,89 |
993.609,59 |
26,95% |
|
Net retained |
- |
- |
- |
- |
|
Adjustments on financial assets |
- |
- |
- |
- |
|
Revaluation surplus |
- |
- |
- |
- |
|
Other shareholders funds changes |
- |
- |
- |
- |
|
Total |
5.800.790,12 |
5.460.950,89 |
4.593.609,59 |
6,22% |
|
Net income for the period |
332.500,18 |
339.839,23 |
267.341,30 |
(2,16)% |
|
Antecipated dividends |
- |
- |
- |
- |
|
TOTAL OF SHAREHOLDERS FUNDS |
6.133.290,30 |
5.800.790,12 |
4.860.950,89 |
5,73% |
|
LIABILITY |
|
|
|
|
|
Non-current
liiabilities |
|
|
|
|
|
Provisions |
- |
- |
- |
- |
|
Financing obtained |
1.311.432,78 |
1.146.332,78 |
75.000,00 |
14,40% |
|
Responsability for post-employment beneficts |
- |
- |
- |
- |
|
Diferred taxes liabilities |
- |
- |
- |
- |
|
Other payable accounts |
- |
- |
- |
- |
|
Total |
1.311.432,78 |
1.146.332,78 |
75.000,00 |
14,40% |
|
Current liabilities |
|
|
|
|
|
Suppliers |
3.641.038,74 |
1.682.008,01 |
1.360.416,54 |
116,47% |
|
Advances from costumers |
- |
- |
- |
- |
|
State and other public entities |
44.565,11 |
39.355,87 |
58.431,01 |
13,24% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Financing obtained |
11.785.208,90 |
11.684.137,87 |
12.186.490,35 |
0,87% |
|
Other payable accounts |
1.979.741,89 |
496.607,11 |
279.527,66 |
298,65% |
|
Deferrals |
- |
- |
- |
- |
|
Financial liabilities held for trading |
- |
- |
- |
- |
|
Other financial liabilities |
- |
- |
- |
- |
|
Non-current liabilities held for sale |
- |
- |
- |
- |
|
Other current liabilities |
- |
- |
- |
- |
|
Total |
17.450.554,64 |
13.902.108,86 |
13.884.865,56 |
25,52% |
|
TOTAL LIABILITIES |
18.761.987,42 |
15.048.441,64 |
13.959.865,56 |
24,68% |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
24.895.277,72 |
20.849.231,76 |
18.820.816,45 |
19,41% |
|
INCOME STATEMENT |
|
|
|
|
|
INCOME AND EXPENSES |
|
|
|
|
|
Sales and services |
26.187.983,30 |
26.123.980,51 |
26.026.591,51 |
0,24% |
|
Operating government grants |
- |
- |
- |
- |
|
Gains/losses allocated subsidiaries,
associates and joint |
|
|
|
|
|
|
- |
- |
- |
- |
|
ventures |
|
|
|
|
|
Variation in production inventories |
23.474,64 |
(2.168,88) |
(128.982,48) |
(1.182,34)% |
|
Work for the entity itself |
- |
- |
- |
- |
|
Cost of goods sold and materials consumed |
23.268.676,49 |
23.698.102,81 |
22.957.853,38 |
(1,81)% |
|
Suppliers and external services |
1.420.719,99 |
1.234.968,78 |
1.407.517,42 |
15,04% |
|
Personnel costs |
371.680,23 |
375.384,60 |
390.839,28 |
(0,99)% |
|
Impairment of inventories (losses/revearsals) |
- |
- |
- |
- |
|
Impairment of receivables (losses/revearsals) |
47.420,04 |
(20.231,99) |
9.650,39 |
(334,38)% |
|
Provisions (increases/reductions) |
- |
- |
- |
- |
|
Impairment of investments not
depreciable/amortizable |
|
|
|
|
|
|
- |
- |
- |
- |
|
(losses/reversals) |
|
|
|
|
|
Other impairments
(losses/reversals)/impairments |
|
|
|
|
|
(losses/reversals) (exclusive use by small
entities and |
- |
- |
- |
- |
|
microentities) |
|
|
|
|
|
Increases/decreases in fair value |
- |
- |
- |
- |
|
Other income and gains |
309.478,45 |
683.315,72 |
556.604,39 |
(54,71)% |
|
Other expenses and losses |
523.334,01 |
690.301,66 |
432.388,25 |
(24,19)% |
|
Result before depreciation, financing costs
and taxes |
889.105,63 |
826.601,49 |
1.255.964,70 |
7,56% |
|
Expenses/reversals of depreciation and
amortization |
59.637,12 |
55.627,36 |
112.222,71 |
7,21% |
|
Impairment of investments
depreciable/amortizable |
|
|
|
|
|
(losses/reversals) |
- |
- |
- |
- |
|
Operating result (before financing costs and
taxes) |
829.468,51 |
770.974,13 |
1.143.741,99 |
7,59% |
|
Interest and similar income obtained |
- |
- |
- |
- |
|
interest and similar expenses incurred |
355.128,58 |
301.738,49 |
749.602,75 |
17,69% |
|
Net before taxes |
474.339,93 |
469.235,64 |
394.139,24 |
1,09% |
|
Income tax of the period |
141.839,75 |
129.396,41 |
126.797,94 |
9,62% |
|
Net profit for the period |
332.500,18 |
339.839,23 |
267.341,30 |
(2,16)% |
|
Results of discontinued operations (net of
taxes) |
- |
- |
- |
- |
included in the net
icome of the period
RATIOS SNC
|
Closing Date |
2014 |
2013 |
2012 |
|
TURNOVER RATIOS |
|
|
|
|
Shareholder's Funds Profitability |
0,054 |
0,059 |
0,055 |
|
Assets Profitability |
0,033 |
0,037 |
0,061 |
|
Sales Net Profitability |
0,013 |
0,013 |
0,01 |
|
EFFICIENCY RATIOS |
|
|
|
|
Medium Term Receivable |
129,219 |
127,133 |
132,68 |
|
Asset Rotation |
1,052 |
1,253 |
1,383 |
|
PRODUCTIVITY RATIOS |
|
|
|
|
Productivity |
7,854 |
6,462 |
7,852 |
|
SHORT TERM RATIOS |
|
|
|
|
General Liquidity |
1,343 |
1,39 |
1,251 |
|
Reduced Liquidity |
0,588 |
0,739 |
0,727 |
|
Immediate Liquidity |
0,007 |
0,007 |
0,007 |
|
MEDIUM LONG TERM
RATIOS |
|
|
|
|
Financial Autonomy |
0,246 |
0,278 |
0,258 |
|
Solvability |
0,327 |
0,385 |
0,348 |
|
Borrowed Capital Structure |
0,93 |
0,924 |
0,995 |
|
General Debt |
2,135 |
2,212 |
2,522 |
|
Medium Long Term Debt |
0,214 |
0,198 |
0,015 |
|
Debt Structure |
0,93 |
0,924 |
0,995 |
|
Capital Structure |
4,677 |
5,06 |
64,813 |
|
Operational and
Financial Risk |
|
|
|
|
Operational Leverage Level |
3,519 |
3,147 |
2,683 |
|
Financial Leverage Level |
1,749 |
1,643 |
2,902 |
|
Combined Leverage Level |
6,155 |
5,171 |
7,786 |
CASH FLOW STATEMENT
|
Rubrics |
2014 |
2013 |
PERIODS |
|
CASH FLOWS FROM
OPERATIONAL ACTIVITIES |
|
|
|
|
Customers receipts |
31.925.643,23 |
32.398.290,72 |
(1,46)% |
|
Payments to suppliers |
33.136.621,76 |
31.953.698,98 |
3,70% |
|
Payments to employees |
377.801,56 |
368.212,13 |
2,60% |
|
Cash at bank
generated from operations |
(1.588.780,09) |
76.379,61 |
(2.180,11)% |
|
Payment/receipt of income tax |
(88.662,52) |
(108.431,31) |
18,23% |
|
Other receipts/payments |
2.081.780,18 |
(383.511,74) |
642,82% |
|
Cash Flows from Operational Activities (A) |
404.337,57 |
(415.563,44) |
197,30% |
|
CASH FLOWS'
INVESTMENT ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible assets |
216,99 |
143.686,43 |
(99,85)% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible assets |
- |
30.650,00 |
- |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
23.568,14 |
21.196,53 |
11,19% |
|
Dividends |
- |
- |
- |
|
Cash Flows'
Investments Activities (B) |
23.351,15 |
(91.839,90) |
125,43% |
|
CASH FLOWS'
INVESTMENT ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
3.548.673,76 |
2.889.176,87 |
22,83% |
|
Paying-up of capital and other equity
instruments |
- |
600.000,00 |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
3.282.502,73 |
2.320.196,57 |
41,48% |
|
Interests and similar expenses |
626.222,68 |
647.022,70 |
(3,21)% |
|
Dividends |
- |
- |
- |
|
Capital's redution and other equity
instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing
Activities © |
(360.051,65) |
521.957,60 |
(168,98)% |
|
Variation in cash at bank and its equivalents
(A+B+C) |
67.637,07 |
14.554,26 |
364,72% |
|
Effect of exchange differences |
- |
- |
- |
|
Cash at bank and its
equivalents at the start of period |
144.349,39 |
129.795,13 |
11,21% |
|
Cash at bank and its
equivalents at the end of period |
211.986,46 |
144.349,39 |
46,86% |
CASH FLOWS
|
|
Movimentos do Periodo de 2014 |
|||
|
Rubrics |
Initial balance |
Debits |
Credits |
Final balance |
|
PERIOD'S CARRYING
AMOUNT AND MOVEMENTS |
|
|
|
|
|
Cash in hand |
136,16 |
6.405,12 |
- |
6.541,28 |
|
Order deposits |
93.715,87 |
26.498,96 |
- |
120.214,83 |
|
Other bank deposits |
- |
- |
- |
0,00 |
|
Total cash at bank and bank deposits |
93.852,03 |
32.904,08 |
0,00 |
126.756,11 |
|
Of which: Bank deposits abroad |
- |
- |
- |
0,00 |
|
Rubrics |
Value |
|
OTHER INFORMATION |
|
|
Receipts from: |
|
|
Non-life insurance claims |
- |
|
Operating subsidies |
- |
|
Cash at bank and its equivalents not
available for use |
- |
|
|
Movimentos do Periodo de 2014 |
|
|
|||
|
|
Impairment losses |
|
Impairment losses reversals |
|
||
|
Rubrics |
Recognized in profit and loss |
On revalued assets recognized in equity |
Total |
Recognized in profit and loss |
Recognized in Equity |
Total |
|
Individual assets |
|
|
|
|
|
|
|
Fixed tangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
0,00 |
0,00 |
- |
- |
0,00 |
0,00 |
|
Intangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment properties (cost model) |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Investments in progress |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
Financial investments |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
TOTAL |
|
|
|
|
|
|
|
of which: cash-generating units |
0,00 |
0,00 |
- |
0,00 |
0,00 |
- |
|
|
Grants from State and other public bodies |
|
|
|
|
|
|
|
Grants from other entities |
|
|
|
|
|
|
|
|
Rubrics |
Value assigned in the period or in previous periods |
Value attributed to the period |
Value assigned in the period or in previous periods |
Value attributed to the period |
|
|
|
|
|
|
|
Grants related to assets/investment: |
- |
0,00 |
- |
0,00 |
|
Fixed tangible assets |
- |
0,00 |
- |
0,00 |
|
Land and Natural Resources |
- |
- |
- |
- |
|
Buildings and other structures |
- |
- |
- |
- |
|
Basic equipment |
- |
- |
- |
- |
|
Transport equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible assets |
- |
0,00 |
- |
0,00 |
|
Development projects |
- |
- |
- |
- |
|
Computer programmes |
- |
- |
- |
- |
|
Industrial property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
Value of repayments in the period: |
- |
0,00 |
- |
0,00 |
|
Grants related to assets/investment |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
TOTAL |
- |
0,00 |
- |
0,00 |
|
|
Movimentos do Periodo de 2014 |
|
|
|
Rubrics |
Impairment losses |
Impairment losses |
Total |
|
|
|
reversals |
|
|
|
|
|
|
|
Receivable debts from customers |
77.485,90 |
30.065,86 |
47.420,04 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
77.485,90 |
30.065,86 |
47.420,04 |
|
Rubrics |
Value |
|
Regarding insolvency and company recovery
procedures or enforcement procedures |
- |
|
Claimed in court |
127.591,70 |
|
In arrears: |
175.352,62 |
|
Over six months and up to twelve months |
- |
|
Over twelve months and up to eighteen months |
- |
|
Over eighteen months and up to twenty four
months |
- |
|
Over twenty four months |
175.352,62 |
|
TOTAL |
302.944,32 |
|
Rubrics |
Average number of employees |
Average number of hours worked |
|
|
|
|
|
Company employees, paid and unpaid |
21 |
38.400 |
|
Paid company employees |
21 |
38.400 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of working hours |
|
|
|
Full time company employees |
20 |
37.496 |
|
Of which: Full time company employees |
20 |
37.496 |
|
Part time company employees |
1 |
904 |
|
Of which: Part time company employees |
1 |
904 |
|
Company employees, by
gender: |
|
|
|
Men |
17 |
30.720 |
|
Women |
4 |
7.680 |
|
Company employees, of
which: |
|
|
|
Company employees assigned to Research and
Development |
- |
- |
|
Service providers |
1 |
200 |
|
People placed through temporary employment
agencies |
- |
- |
|
Rubrics |
Value |
|
Staff costs |
371.680,23 |
|
Governance Bodies Remuneration |
19.500,00 |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
279.805,63 |
|
Of which: Profit-sharing |
- |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined contribution plans - corporate
bodies |
- |
|
For defined contribution plans - others |
- |
|
Compensations |
- |
|
Charges on remunerations |
65.840,39 |
|
Insurance for accidents at work and
professional diseases |
3.128,03 |
|
Social security expenses |
968,13 |
|
Other staff costs |
2.438,05 |
|
Of which: |
|
|
Expenditure on education |
- |
|
Expenditure on uniforms |
- |
|
|
Geographic markets |
|
||
|
Rubrics |
Internal |
EU |
Extra-EU |
Total |
|
Sales |
24.798.072,95 |
1.054.558,60 |
312.743,54 |
26.165.375,09 |
|
Services provided |
22.608,21 |
- |
- |
22.608,21 |
|
Purchases |
3.750.503,41 |
375.452,21 |
23.239.574,35 |
27.365.529,97 |
|
Supplies and external services |
1.397.330,65 |
21.532,65 |
1.856,69 |
1.420.719,99 |
|
Acquisition of fixed tangible assets |
2.722,76 |
- |
- |
2.722,76 |
|
Acquisition of investment properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible assets |
- |
- |
- |
0,00 |
|
Supplementary income: |
0,00 |
0,00 |
0,00 |
0,00 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological
assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
- |
- |
- |
0,00 |
|
Memorandum: Sales and services provided
(undiscounted values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and supplies and
external services (undiscounted values) |
- |
- |
- |
0,00 |
|
Rubrics |
2014 |
2013 |
PERIODS |
|
|||
|
Customers |
|
|
|
||||
|
Trade accounts
receivable |
- |
2.307.622,74 |
- |
||||
|
|
|
|
|
||||
|
Trade notes
receivable |
- |
6.791.624,67 |
- |
||||
|
|
|
|
|
||||
|
Advances received
from customers |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Suppliers |
|
|
|
||||
|
Trade accounts
payable |
- |
1.682.008,01 |
- |
||||
|
|
|
|
|
||||
|
Trade notes payable |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Trade accounts
payable - unchecked invoices |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Advances to
suppliers |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Staff |
|
|
|
||||
|
Payable
remunerations |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Advanced payments |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Bonds |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Other operations |
- |
86.317,12 |
- |
||||
|
|
|
|
|
||||
|
State and other public
sector institutions |
|
|
|
||||
|
Income Tax |
- |
(19.937,84) |
- |
||||
|
|
|
|
|
||||
|
Deductible IVA
(debt cumulative amounts) |
- |
5.576.961,51 |
- |
||||
|
|
|
|
|
||||
|
Paid IVA (credit
cumulative amounts) |
- |
6.049.095,82 |
- |
||||
|
|
|
|
|
||||
|
Shareholders /
partners |
|
|
|
||||
|
Shareholders with
subscription |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Unreleased quotas |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Advances for
profits |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Allocated results |
|
|
|
||||
|
From the
perspective of the entity distributing profits |
- |
- |
- |
||||
|
|
|
|
|
||||
|
From the
perspective of the entity with allocated profits |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Available profits |
|
|
|
||||
|
From the perspective
of the entity distributing profits |
- |
- |
- |
||||
|
|
|
|
|
||||
|
From the
perspective of the entity with allocated profits |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Granted loans -
parent company |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Granted loans - subsidiary
companies, associated companies |
- |
- |
- |
||||
|
and joint ventures |
|||||||
|
|
|
|
|||||
|
|
|
|
|
||||
|
Granted loans -
other shareholders/partners |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Of which:
Participating companies |
- |
- |
- |
||||
|
Other operations |
|
|
|
||||
|
Debit status |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Credit status |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Other receivable
and payable accounts |
|
|
|
||||
|
Investment
providers - general accounts |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Trade accounts
payable - unchecked invoices |
- |
13.533,28 |
- |
||||
|
|
|
|
|
||||
|
Advanced payments
to investment providers |
- |
- |
- |
||||
|
|
|
|
|
||||
|
additional income -
Debtors |
- |
- |
- |
||||
|
|
|
|
|
||||
|
additional expenses
- Creditors |
- |
48.274,87 |
- |
||||
|
|
|
|
|
||||
|
Deferred tax assets |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Deferred tax
liabilities |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Unreleased
subscriptions - Creditors |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Advances received on
account of sales |
- |
- |
- |
||||
|
|
|
|
|
||||
|
Other debtors and
creditors |
|
|
|
||||
|
Other debtors |
- |
777.175,08 |
- |
||||
|
|
|
|
|
||||
|
Other creditors |
- |
434.798,96 |
- |
||||
|
|||||||
|
Rubrics |
2014 |
2013 |
PERIODS |
|
|
|
|
|
|
Supplies and
external services |
- |
1.234.968,78 |
- |
|
|
|
|
|
|
Subcontracts |
- |
224.795,17 |
- |
|
|
|
|
|
|
Specialized
services |
- |
540.295,40 |
- |
|
|
|
|
|
|
Specialized works |
- |
28.281,09 |
- |
|
|
|
|
|
|
Of which: Payments
to workers placed through agencies |
- |
- |
- |
|
Advertising and
promotion |
- |
428,00 |
- |
|
|
|
|
|
|
Surveillance and
security |
- |
287,64 |
- |
|
|
|
|
|
|
Fees |
- |
46.334,38 |
- |
|
|
|
|
|
|
Comissions |
- |
17.576,98 |
- |
|
|
|
|
|
|
Maintenance and
repairs |
- |
26.811,09 |
- |
|
|
|
|
|
|
Others |
- |
420.576,22 |
- |
|
|
|
|
|
|
Materials |
- |
23.957,15 |
- |
|
|
|
|
|
|
Fast wear tools and
utensils |
- |
4.721,14 |
- |
|
|
|
|
|
|
Books and technical
documentation |
- |
- |
- |
|
|
|
|
|
|
Office material |
- |
5.499,79 |
- |
|
|
|
|
|
|
Gift items |
- |
13.736,22 |
- |
|
|
|
|
|
|
Others |
- |
- |
- |
|
|
|
|
|
|
Energy and fluids |
- |
90.626,55 |
- |
|
|
|
|
|
|
Electricity |
- |
5.252,04 |
- |
|
|
|
|
|
|
Fuels |
- |
81.998,48 |
- |
|
|
|
|
|
|
Water |
- |
2.354,13 |
- |
|
|
|
|
|
|
Others |
- |
1.021,90 |
- |
|
|
|
|
|
|
Travel, lodging and
transportation |
- |
69.583,43 |
- |
|
|
|
|
|
|
Travel and lodging |
- |
12.176,57 |
- |
|
|
|
|
|
|
Transport of
personnel |
- |
- |
- |
|
|
|
|
|
|
Transport of goods |
- |
52.841,55 |
- |
|
|
|
|
|
|
Others |
- |
4.565,31 |
- |
|
|
|
|
|
|
Different services |
- |
285.711,08 |
- |
|
|
|
|
|
|
Rents and leases |
- |
180.000,00 |
- |
|
|
|
|
|
|
Of which: Rents
from land |
- |
- |
- |
|
Communication |
- |
15.664,90 |
- |
|
|
|
|
|
|
Insurance |
- |
77.338,07 |
- |
|
|
|
|
|
|
Royalties |
- |
- |
- |
|
|
|
|
|
|
Litigation and
Notaries |
- |
275,50 |
- |
|
|
|
|
|
|
Representation
expenses |
- |
11.945,90 |
- |
|
|
|
|
|
|
Cleaning, hygiene
and comfort |
- |
479,39 |
- |
|
|
|
|
|
|
Other services |
- |
7,32 |
- |
Were the financial year's accounts approved?
YES
Data da Aprovação: 25-03-2015
By (Unanimity/Majority):
Unanimity
Percentage of issued votes related to the share
capital subscribed with voting right
100
The accounts were approved:
In
general meeting regularly convoked
The accounts were approved:
In
POC/SNC/NCM (National Plan of Accounts/Accounting Normalization
System/Accounting Normalization for micro entities)
|
Rubrics |
2014 |
2013 |
|
Retained earnings |
332.500,18 |
339.839,23 |
|
Allocated results / Available profits |
0,00 |
- |
|
Percentages or bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
332.500,18 |
339.839,23 |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
0,00 |
0,00 |
MANAGEMENT REPORT
Were the Management Report and financial year's
accounts prepared?
YES
Were the management report and the financial
year's accounts signed by all members of the management / administration?
YES
ASSESSMENT OF THE INSPECTION BODY
The entity has an inspection body?
NO
Has the inspection body issued an assessment?
Information
Available
The inspection body pronounced:
LEGAL CERTIFICATION OF ACCOUNTS (CLC)
Is the entity required to have certified accounts
by a Statutory Auditor/Statutory Audit Firm?
YES
Identificação
do ROC: 507389956
Was the Legal certification of accounts issued?
YES
Without
reservation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.97 |
|
UK Pound |
1 |
Rs.100.55 |
|
Euro |
1 |
Rs.73.99 |
INFORMATION DETAILS
|
Analysis Done by
: |
KIN |
|
|
|
|
Report Prepared
by : |
TRU |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit transaction.
It has above average (strong) capability for payment of interest and
principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.