MIRA INFORM REPORT

 

 

Report No. :

347099

Report Date :

28.10.2015

 

IDENTIFICATION DETAILS

 

Name :

GEORGES S. DARAS

 

 

Registered Office :

Codaf 14 Rue Fortia 13001 Marseille 1

 

 

Country :

France

 

                    

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

January 1955

 

 

Legal Form :

Public limited company with board of directors

 

 

Line of Business :

Wholesale (business to business) other specialized food

 

 

No. of Employee :

15 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 :

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

 

Company name and summary

 

Name

GEORGES S. DARAS

Acronym

-

Trade name

-

Status

Economically active

Postal Address

GEORGES S. DARAS
CODAF
14 RUE FORTIA
13001 MARSEILLE 1

Share Capital

1,620,000 Euros

Telephone

04 91 04 88 00

Activity (APE)

Wholesale (business to business) other specialized food (4638B)

RCS Registration

RCS Marseille B 055 809 602

Formation Date

01/1955

EUR VAT Number

FR28055809602

Deregistration Date

-

Last account Date

31/12/2013

Court Registry Number

19 5 5B00960

Incorporiation Date

09/1955

Registration Court

Marseille (13)

Fax

04 91 55 62 36

Nationality

France

Legal form

Public limited company with board of directors

Currency

Euros

 

 

Key Financials

 

Year to date

Turnover

Gross operating surplus

Shareholder's equity

Net result

Employees

31/12/2013

26,292,765 €

1.44% Turnover

3,461,830 €

122,759 €

15 employees

31/12/2011

33,834,651 €

2.22% Turnover

3,090,415 €

200,805 €

20 to 49 employees

31/12/2010

29,148,931 €

1.69% Turnover

2,889,610 €

199,994 €

20 to 49 employees

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Directors

 

Current Directors

8

 

 

Ultimate Holding Company

 

Name

Country

Company Number

GEORGES S DARAS

055809602

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

4638B

Activity

 
Wholesale  business to business) other specialized food

Formation Date

01/1955

Reason for Formation

-

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

14 RUE FORTIA
13001 MARSEILLE 1

Department

Bouches-du-Rhône (13)

Location Surface

-

District

3

City

MARSEILLE 1

Status

Economically active

Business Pages FT®

IMPORT-EXPORT, SOCIETES DE COMMERCE INTERNATIONAL

Region

Côte d'Azur

Area

99

Size of Urban Area

Urban unit with 200 000 to 1 999 999 inhabitants

 

 

Ultimate Parent(s)

 

1 ultimate parent company/companies for this company

Company Name

Activity (APE)

APE/NAF Code

City

Post Code

GEORGES S. DARAS

 
Wholesale (business to business) other specialized food

4638B

MARSEILLE 1

13001

 

 

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

GEORGES S. DARAS

Head Office

4638B

 
Wholesale (business to business) other specialized food

MARSEILLE 1

13001

 

 

Workforces

 

Workforce at address

20 to 49 employees

Company workforce

20 to 49 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 return on total assets employed is 2.10

The stock to turnover ratio is 11.80

The ratio total assets to total liabilities is 1.63

The sales to current assets ratio is 3.07

The shareholder's equity is 3,461,830 €

The pre-tax profit is 187,520 €

The net turnover is 26,292,765 €

The net current assets are 8,561,641 €

The liabilities are 5,480,258 €

The total assets are 8,942,088 €

The risk provisions are 0 €

Department code with low risk rating

Industry code with low risk rating

The company has 10 directors

Low risk workforce size

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

The increase of tangible fixed assets over the last two accounting periods is 166 %

The creditor days are 12.83

 

 

Industry comparison

 

Activity (APE)

 
Wholesale (business to business) other specialized food

 (4638B)

Industry average credit rating

44

Industry average credit limit

22,636

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

SUMMARY OF PREFERENTIAL RIGHTS

 

Company monitored since

13/08/2009

Status of Monitoring

No social security and tax office preferential right to date

 

 

GROUP DATA

 

Ultimate parent company

GEORGES S DARAS

Direct parent

-

Group – Number of companies

2

Linkages – Number of companies

-

Number of countries

-

 

 

 

Name

SIREN

Parts

Last account published

1

GEORGES S. DARAS

055809602

-

31/12/2013

2

SCI IMOFE FORTIA-EUTHYMENES

326942182

97 %

-

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. DARAS MICHEL

Manager position

Administrator, Delegated managing director

Date of birth

06/07/1944

Place of birth

FRAYSSE CABARDES (AUDE)

Type

Individual

Name at birth

Name

M. COULLAUT FRANÇOIS EMMANUEL

Manager position

Managing director, Chairman of the Board

Date of birth

15/04/1955

Place of birth

PARIS 12E

Type

Individual

Name at birth

 

Name

Mme. DARAS CHRISTIANE

Manager position

Administrator

Date of birth

21/12/1963

Place of birth

MARSEILLE

Type

Individual

Name at birth

Name

M. COULLAUT EMMANUEL

Manager position

Administrator

Date of birth

29/11/1981

Place of birth

NOUMEA

Type

Individual

Name at birth

 

Name

M. DARAS CÉDRIC

Manager position

Administrator

Date of birth

10/01/1974

Place of birth

MARSEILLE

Type

Individual

Name at birth

Name

M. DARAS JEANNE

Manager position

Administrator

Date of birth

25/02/1926

Place of birth

MARSEILLE

Type

Individual

Name at birth

 

 

Statutory Auditor

 

Name

PRADO AUDIT

Name of representative

Manager position

Statutory auditor

Date of birth

-

Place of birth

Type

Moral person

Name at birth

Name

M. CAMPANA MARC

 

Manager position

Deputy auditor

Date of birth

01/08/1958

 

Place of birth

MARSEILLE

 

Type

Individual

Name at birth

 

 

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

Administrator

M. COULLAUT EMMANUEL

-

Administrator

M. DARAS CEDRIC

-

Administrator

MME. DARAS CHRISTIANE

-

Administrator

M. DARAS GEORGES

-

Administrator

M. DARAS GEORGES

04/05/1925 - MARSEILLE

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

08/09/2015

Bodacc B

Modification et mutation diverse

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

97 - 055 809 602 RCS Marseille. GEORGES S DARAS. Forme : Société anonyme. Administration : Directeur général délégué Administrateur : DARAS Michel modification le 11 Septembre 2008 Président du conseil d'administration Directeur général : COULLAUT François Emmanuel modification le 22 Janvier 2008 Administrateur : DARAS Christiane modification le 22 Janvier 2008 Commissaire aux comptes titulaire : PRADO AUDIT modification le 31 Juillet 2012 Commissaire aux comptes suppléant : CAMPANA Marc modification le 22 Janvier 2008 Administrateur : COULLAUT Emmanuel modification le 22 Janvier 2008 Administrateur : DARAS Cédric modification le 22 Janvier 2008 Administrateur : DARAS Jeanne en fonction le 28 Août 2015. Activité : .
Commentaires : Modification de représentant.

29/05/2015

JAL

Appointment of the social representative

Nouvelles Publications (Les)


Date de décision : 30/06/2014
Société faisant l'objet d'une nomination : 055809602 - GEORGES S. DARAS, 14 RUE FORTIA, 13001 MARSEILLE 1
Nominé : Madame Jeannette DARAS, 13008 MARSEILLE 08
En la fonction de : Administrateur

18/11/2014

Bodacc C

Comptes annuels et rapports

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

478 - 055809602 RCS. GEORGES S DARAS. Forme : Société anonyme. Adresse : 14 rue Fortia 13001 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

07/12/2012

Bodacc C

Comptes annuels et rapports

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

884 - 055809602 RCS. GEORGES S DARAS. Forme : Société anonyme. Adresse : 14 rue Fortia 13001 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

19/11/2012

Bodacc C

Comptes annuels et rapports

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

620 - 055809602 RCS. GEORGES S DARAS. Forme : Société anonyme. Adresse : 14 rue Fortia 13001 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

03/09/2012

Bodacc C

Comptes annuels et rapports

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

1665 - 055809602 RCS. GEORGES S DARAS. Forme : Société anonyme. Adresse : 14 rue Fortia 13001 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

10/01/2011

Bodacc C

Comptes annuels et rapports

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

578 - 055809602 RCS. GEORGES S DARAS. Forme : Société anonyme. Adresse : 14 rue Fortia 13001 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

22/01/2010

Bodacc C

Comptes annuels et rapports

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

800 - 055809602 RCS. GEORGES S DARAS. Forme : Société anonyme à conseil d'administration. Adresse : 14 rue Fortia 13001 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

03/10/2008

Bodacc C

Comptes annuels et rapports

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

2408 - 055809602 RCS. GEORGES S DARAS. Forme : Société anonyme à conseil d'administration. Adresse : 14 rue Fortia 13001 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

23/09/2008

Bodacc B

Modification et mutation diverse

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

101 - 055 809 602 RCS Marseille. GEORGES S DARAS. Forme : Société anonyme à conseil d'administration. Capital : 1620000 EUR.
Commentaires : Modification du capital.

23/09/2008

Bodacc B

Modification et mutation diverse

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

102 - 055 809 602 RCS Marseille. GEORGES S DARAS. Forme : Société anonyme à conseil d'administration. Administration : Administrateur directeur général délégué : DARAS Michel modification le 11 Septembre 2008. Président du conseil d'administration et directeur général : COULLAUT François Emmanuel modification le 22 Janvier 2008. Administrateur : DARAS Christiane modification le 22 Janvier 2008. Commissaire aux comptes titulaire : SA D'EXPERTISE COMPTABLE L. L. BOELL RAUFAST ET CARLINI SUCC. modification le 22 Janvier 2008. Commissaire aux comptes titulaire : CAMPANA Marc modification le 22 Janvier 2008. Commissaire aux comptes suppléant : CAMPANA Marc modification le 22 Janvier 2008. Commissaire aux comptes suppléant : SOCIETE PRADO AUDIT modification le 22 Janvier 2008. Administrateur : DARAS Georges modification le 22 Janvier 2008. Administrateur : COULLAUT Emmanuel modification le 22 Janvier 2008. Administrateur : DARAS Cédric modification le 22 Janvier 2008.
Commentaires : Modification de représentant.

30/01/2008

Bodacc B

Modification et mutation diverse

13 - BOUCHES-DU-RHONE

GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE

280 - 055 809 602 RCS Marseille. GEORGES S DARAS. Forme : Société anonyme à conseil d'administration. Enseigne : CODAF. Administration : Administrateur : DARAS Michel modification le 22 Janvier 2008. Président du conseil d'administration et directeur général : COULLAUT François Emmanuel modification le 22 Janvier 2008. Administrateur : DARAS Christiane modification le 22 Janvier 2008. Commissaire aux comptes titulaire : représenté par SA D'EXPERTISE COMPTABLE L. L. BOELL RAUFAST ET CARLINI SUCC. modification le 22 Janvier 2008. Commissaire aux comptes titulaire : CAMPANA Marc modification le 22 Janvier 2008. Commissaire aux comptes suppléant : CAMPANA Marc modification le 22 Janvier 2008. Commissaire aux comptes suppléant : représenté par SOCIETE PRADO AUDIT modification le 22 Janvier 2008. Administrateur : DARAS Georges modification le 22 Janvier 2008. Administrateur : COULLAUT Emmanuel modification le 22 Janvier 2008. Administrateur : DARAS Cédric modification le 22 Janvier 2008.
Commentaires : Modification de représentant.

09/11/2007

Bodacc C

Avis de dépôt des comptes

612 - 055 809 602. RCS Marseille GEORGES S DARAS. Forme: Société anonyme à conseil d'administration. Adresse du siège social: 14 rue Fortia 13001 Marseille. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

20/11/2006

Bodacc C

Avis de dépôt des comptes

1989 - RCS Marseille B 055 809 602. RC 55-B 960. GEORGES S DARAS. Forme: S.A. à conseil d'administration. Adresse du siège social: 14, rue Fortia,13001 Marseille-(1er). Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

26/10/2006

Bodacc B

Modifications et mutations diverses

0280 - RCS Marseille B 055 809 602. RC 55-B 960. GEORGES S. DARAS. Forme : S.A. à conseil d'administration. Commentaires : modification survenue sur l'administration. Administration : modification d'un directeur général délégué : DARAS (Michel, Henri, Georges). Modification du président du conseil d'administration et directeur général : COULLAUT (François, Emmanuel). Nomination d'administrateurs : DARAS (Georges) COULLAUT (Emmanuel) DARAS (Cédric).

25/09/2006

Bodacc C

Avis de dépôt des comptes

1339 - RCS Marseille B 055 809 602. RC 55-B 960. GEORGES S DARAS. Forme: S.A. à conseil d'administration. Adresse du siège social: 14, rue Fortia,13001 Marseille-(1er). Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

15/02/2002

Bodacc B

Modifications et mutations diverses

RCS Marseille B 055809602 RC 55-B 960 GEORGES S. DARAS. Forme : S.A. Capital : 780 000 euros Nom commercial: Codaf. Commentaires : modification survenue sur le capital (augmentation).

30/05/2001

Bodacc B

Modifications et mutations diverses

RCS Marseille B 055809602 RC 55-B 960 GEORGES S. DARAS. Forme : S.A Nom commercial: Codaf. Activité : toutes opérations commerciales de commission sur marchandises et d'opérations connexes. Commentaires : modification survenue sur l'activité et l' administration. Administration : directeur général et administrateur partant : CONTANDRIOPOULOS (Yves).

13/07/1997

Bodacc B

Modifications et mutations diverses

RCS *. RCS Marseille B 055 809 602 RC RC 55-B 960 GEORGES S. DARAS. Forme : S.A. à conseil d'administration Nom commercial: Codaf. Commentaires : modification survenue sur le nom commercial.

 

 

Company events history

 

Date

Description

08/09/2015

Bodacc B: Various editing or changing

01/09/2015

28/08/2015

Minutes of general meeting of shareholders

28/08/2015

Changes to the Board of Directors

27/11/2014

27/11/2014

27/11/2014

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

18/11/2014

Bodacc C : Deposit accounts notice

30/06/2014

Legal Gazette: Appointment of the social representative

31/12/2013

New accounts available

14/10/2013

14/10/2013

02/08/2013

New subsidiarie(s) detected

02/08/2013

New parent detected

03/04/2013

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

20/12/2012

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

07/12/2012

Bodacc C : Deposit accounts notice

19/11/2012

Bodacc C : Deposit accounts notice

03/09/2012

Bodacc C : Deposit accounts notice

30/07/2012

Minutes of general meeting of shareholders

31/12/2011

New accounts available

10/01/2011

Bodacc C : Deposit accounts notice

31/12/2010

New accounts available

22/01/2010

Bodacc C : Deposit accounts notice

31/12/2009

New accounts available

13/08/2009

Collection of preferential rights activated for this company

31/12/2008

New accounts available

03/10/2008

Bodacc C : Deposit accounts notice

23/09/2008

New Bodacc B ads detected

23/09/2008

Bodacc B: Various editing or changing

11/09/2008

Amendment

11/09/2008

Appointment/resignation of company officers

11/09/2008

Capital increase

11/09/2008

Capital increase

11/09/2008

Changes to the Board of Directors

11/09/2008

Changes to the Board of Directors

11/09/2008

Minutes of Board meeting

11/09/2008

Minutes of general meeting of shareholders

11/09/2008

Minutes of general meeting of shareholders

11/09/2008

Private document

11/09/2008

Updated articles of association

27/06/2008

Other modification of Establishment

30/01/2008

New Bodacc B ads detected

30/01/2008

Bodacc B: Various editing or changing

21/01/2008

Amendment

21/01/2008

Appointment/resignation of company officers

21/01/2008

Changes to the Board of Directors

21/01/2008

Private document

21/01/2008

Minutes of Board meeting

31/12/2007

New accounts available

31/12/2006

New accounts available

16/10/2006

Minutes of general meeting of shareholders

16/10/2006

Appointment/resignation of company officers

16/10/2006

Amendment

16/10/2006

Minutes of general meeting of shareholders

16/10/2006

Private document

16/10/2006

Minutes of Board meeting

31/12/2005

New accounts available

31/12/2004

New accounts available

04/02/2002

Updated articles of association

04/02/2002

Minutes of general meeting of shareholders

04/02/2002

Conversion of equity to euro

04/02/2002

Capital increase

04/02/2002

Private document

14/05/2001

Changes to the Board of Directors

14/05/2001

Private document

14/05/2001

Appointment/resignation of company officers

14/05/2001

Minutes of general meeting of shareholders

25/11/1992

Minutes of general meeting of shareholders

25/11/1992

Continuation of business despite loss of equity

25/11/1992

Amendment

10/07/1992

Amendment

10/07/1992

Minutes of Board meeting

10/07/1992

Changes to the Board of Directors

08/07/1992

Amendment

15/04/1992

Minutes of Board meeting

15/04/1992

Amendment

20/03/1992

Minutes of general meeting of shareholders

20/03/1992

Changes to the Board of Directors

20/03/1992

Amendment

 

 

Synthesized Accounts

 

Annual Accounts

 

31/12/2013

31/12/2011

31/12/2010

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

05/11/2014

30/03/2013

18/12/2012

Activity Code

4638B

4638B

4638B

Employees

15

0

0

 

 

Active account

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

380,447

9.1 %

348,802

-17.4 %

422,073

27,426

1287.2 %

Intangible assets

340

-90.3 %

3,514

-58.0 %

8,361

0

0%

Tangible assets

141,236

166.3 %

53,031

-24.0 %

69,735

8,666

1529.8 %

Financial assets

238,871

-18.3 %

292,257

-15.0 %

343,976

1,197

19855.8 %

Net current assets

8,561,641

-9.5 %

9,461,608

2.4 %

9,240,652

237,776

3500.7 %

Stocks

3,103,305

9.2 %

2,842,934

11.8 %

2,541,987

29,064

10577.5 %

Advanced payments

240,673

-35.7 %

374,015

-21.6 %

477,338

0

0%

Receivables

4,933,588

-10.2 %

5,491,648

7.4 %

5,114,326

109,448

4407.7 %

Securities and cash

284,075

-62.3 %

753,011

-32.0 %

1,107,001

35,191

707.2 %

Prepaid expenses

-

-

-

-

-

0

-

Accounts of regularization

0

0%

0

0%

0

0

0%

Total Assets

8,942,088

-8.9 %

9,810,410

1.5 %

9,662,725

319,242

2701.0 %

 

 

Passive Account

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Shareholders' equity

3,461,830

12.0 %

3,090,415

6.9 %

2,889,610

85,051

3970.3 %

Share capital

1,620,000

0%

1,620,000

0%

1,620,000

15,000

10700.0 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

0

0%

30,131

0%

0

0

0%

Liabilities

5,480,258

-18.1 %

6,689,863

-1.2 %

6,773,115

194,703

2714.7 %

Financial liabilities

4,313,368

-20.0 %

5,389,114

15.8 %

4,655,692

19,905

21569.8 %

Advanced payments received

13,658

-96.6 %

399,624

-45.1 %

728,394

0

0%

Trade account payables

924,101

64.0 %

563,532

-46.8 %

1,059,532

68,546

1248.1 %

Tax and social liabilities

205,844

-31.8 %

301,932

19.1 %

253,522

43,163

376.9 %

Other debts and fixed assets liabilities

23,287

-34.7 %

35,661

-53.1 %

75,975

5,017

364.2 %

Account regularization

0

0%

0

0%

0

0

0%

Total liabilities

8,942,088

-8.9 %

9,810,409

1.5 %

9,662,725

319,241

2701.0 %

 

 

Results

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Sales of Goods

26,336,915

-22.5 %

33,994,642

14.8 %

29,617,840

676,342

3794.0 %

Net turnover

26,292,765

-22.3 %

33,834,651

16.1 %

29,148,931

669,655

3826.3 %

of which net export turnover

18,971,306

-21.9 %

24,282,639

15.4 %

21,051,113

0

0%

Operating charges

26,051,176

-22.1 %

33,459,107

14.9 %

29,129,346

647,585

3922.8 %

Operating profit/loss

285,739

-46.6 %

535,535

9.6 %

488,493

13,401

2032.2 %

Financial income

23,045

144.3 %

9,435

-66.4 %

28,111

7

329114.3 %

Financial charges

119,411

-40.8 %

201,671

5.3 %

191,443

826

14356.5 %

Financial profit/loss

-96,366

49.9 %

-192,236

-17.7 %

-163,332

-228

-42165.8 %

Pretax net operating income

189,373

-44.8 %

343,299

5.6 %

325,161

11,655

1524.8 %

Extraordinary income

1,671

313.6 %

404

-38.8 %

660

2

83450.0 %

Extraordinary charges

3,526

-90.7 %

37,831

6.4 %

35,569

245

1339.2 %

Extraordinary profit/loss

-1,855

95.0 %

-37,427

-7.2 %

-34,909

0

0%

Net result

122,759

-38.9 %

200,805

0.4 %

199,994

11,231

993.0 %

 

 

Accounts – Active

 

Normal Account

 

31/12/2013

31/12/2011

31/12/2010

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Grand Total (I to VI)

Net

8,942,088

-8.9 %

9,810,410

1.5 %

9,662,725

Gross

CO

11,454,097

-7.0 %

12,317,758

4.1 %

11,833,162

Amortisation

1A

2,512,009

0.2 %

2,507,348

15.5 %

2,170,437

 

 

Non declared distributed capital (I)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total Active fixed asset (II)

Net

380,447

9.1 %

348,802

-17.4 %

422,073

Gross

BJ

1,254,694

2.3 %

1,226,926

-3.1 %

1,266,555

Amortisation

BK

874,247

-0.4 %

878,124

4.0 %

844,482

 

 

Intangible fixed assets

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

CQ

0

0%

0

0%

0

Distributorships, patents

Net

340

-90.3 %

3,514

-58.0 %

8,361

Gross

AF

25,907

1.8 %

25,459

0%

25,459

Amortisation

AG

25,567

16.5 %

21,945

28.4 %

17,097

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

340

-90.3 %

3,514

-58.0 %

8,361

 

 

Tangilble fixed assets

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Lands

Net

29,529

0%

29,529

0%

29,529

Gross

AN

29,529

0%

29,529

0%

29,529

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

80,062

186090.7 %

43

-99.8 %

17,854

Gross

AP

705,653

14.1 %

618,367

0%

618,367

Amortisation

AQ

625,591

1.2 %

618,324

3.0 %

600,513

Plant

Net

0

0%

0

0%

0

Gross

AR

0

0%

0

0%

0

Amortisation

AS

0

0%

0

0%

0

Other tangible fixed assets

Net

31,645

34.9 %

23,459

5.0 %

22,352

Gross

AT

254,734

-2.5 %

261,314

4.9 %

249,224

Amortisation

AU

223,089

-6.2 %

237,855

4.8 %

226,872

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

141,236

166.3 %

53,031

-24.0 %

69,735

 

 

Financial assets

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Associates at equity

Net

0

0%

0

0%

0

Gross

CS

0

0%

0

0%

0

Amortisation

CT

0

0%

0

0%

0

Other participations

Net

117,336

0%

117,336

-38.7 %

191,336

Gross

CU

117,336

0%

117,336

-38.7 %

191,336

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

1,139

0%

0

0%

0

Gross

BD

1,139

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

120,396

0%

0

0%

0

Gross

BF

120,396

0%

0

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

0

0%

174,921

14.6 %

152,640

Gross

BH

0

0%

174,921

14.6 %

152,640

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

238,871

-18.3 %

292,257

-15.0 %

343,976

 

 

Current Assets (III)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total Current Assets

Net

8,561,641

-9.5 %

9,461,608

2.4 %

9,240,652

Gross

CJ

10,199,403

-8.0 %

11,090,832

5.0 %

10,566,607

Amortisation

CK

1,637,762

0.5 %

1,629,224

22.9 %

1,325,955

 

 

Stocks

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

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

0

0%

0

0%

0

Gross

BR

0

0%

0

0%

0

Amortisation

BS

0

0%

0

0%

0

Goods for resale

Net

3,103,305

9.2 %

2,842,934

11.8 %

2,541,987

Gross

BT

3,103,305

6.1 %

2,924,415

13.4 %

2,579,845

Amortisation

BU

0

0%

81,481

115.2 %

37,858

Sub Total Stocks

Net

3,103,305

9.2 %

2,842,934

11.8 %

2,541,987

 

 

Advance payments to suppliers

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Advance payments to suppliers

Net

240,673

-35.7 %

374,015

-21.6 %

477,338

Gross

BV

240,673

-35.7 %

374,015

-21.6 %

477,338

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Trade accounts receivable

Net

4,711,982

-8.3 %

5,139,893

3.6 %

4,962,043

Gross

BX

6,224,595

-4.7 %

6,530,747

7.2 %

6,093,251

Amortisation

BY

1,512,613

8.8 %

1,390,854

23.0 %

1,131,208

Other debtors

Net

212,603

-36.1 %

332,751

143.6 %

136,623

Gross

BZ

337,752

-31.0 %

489,640

66.8 %

293,512

Amortisation

CA

125,149

-20.2 %

156,889

0%

156,889

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

4,924,585

-10.0 %

5,472,644

7.3 %

5,098,666

 

 

Divers

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Investment securities

Net

0

0%

0

0%

0

Gross

CD

0

0%

0

0%

0

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

284,075

-62.3 %

753,011

-32.0 %

1,107,001

Gross

CF

284,075

-62.3 %

753,011

-32.0 %

1,107,001

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

284,075

-62.3 %

753,011

-32.0 %

1,107,001

 

 

Prepaid expenses

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Prepaid expenses

Net

9,003

-52.6 %

19,004

21.4 %

15,660

Gross

CH

9,003

-52.6 %

19,004

21.4 %

15,660

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

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

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Due within one year

CP

0

0%

48,321

53.2 %

31,549

Due after one year

CR

0

0%

1,711,455

14.5 %

1,495,335

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Grand Total (I to V)

EE

8,942,088

-8.9 %

9,810,409

1.5 %

9,662,725

 

 

Shareholder Equity (I)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total shareholders' equity (Total I)

DL

3,461,830

12.0 %

3,090,415

6.9 %

2,889,610

Equity and shareholders' equity

DA

1,620,000

0%

1,620,000

0%

1,620,000

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

162,000

0%

162,000

0%

162,000

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

56,577

0%

56,577

0%

56,577

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

1,150,712

64.1 %

701,251

39.9 %

501,257

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

349,782

0%

349,782

0%

349,782

Profit or loss for the period

DI

122,759

-38.9 %

200,805

0.4 %

199,994

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

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)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total provisions for risks and charges (Total III)

DR

0

0%

30,131

0%

0

Risk provisions

DP

0

0%

30,131

0%

0

Reserves for charges

DQ

0

0%

0

0%

0

 

 

Liabilities (IV)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total Liabilities (Total IV)

EC

5,480,258

-18.1 %

6,689,863

-1.2 %

6,773,115

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

4,289,096

-20.1 %

5,365,224

16.3 %

4,612,593

Sundry loans and financial liabilities

DV

24,272

1.6 %

23,890

-44.6 %

43,099

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

13,658

-96.6 %

399,624

-45.1 %

728,394

Trade accounts payables

DX

924,101

64.0 %

563,532

-46.8 %

1,059,532

Tax and social security liabilities

DY

205,844

-31.8 %

301,932

19.1 %

253,522

Fixed asset liabilities

DZ

0

0%

0

0%

37,000

Other debts

EA

23,287

-34.7 %

35,661

-8.5 %

38,975

 

 

Translation loss (V)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Translation loss (Total V)

ED

0

0%

0

0%

0

 

 

Equalization accounts

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Deferred income

EB

0

0%

0

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Of which tax-allowable reserve

EF

0

0%

0

0%

56,577

Deferred income and liabilities

EG

0

0%

6,689,101

10.7 %

6,043,959

Of which current bank facilities

EH

0

0%

5,365,224

16.3 %

4,612,593

 

 

Result account

 

1 - Operating result (I-II)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Operating result (Total I-II)

GG

285,739

-46.6 %

535,535

9.6 %

488,493

 

 

2 - Financial result (V-VI)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Financial result (Total V-VI)

GV

-96,366

49.9 %

-192,236

-17.7 %

-163,332

 

 

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

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

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

GW

189,373

-44.8 %

343,299

5.6 %

325,161

 

 

4 - Extraordinary result (VII-VIII)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Extraordinary result (Total VII-VIII)

HI

-1,855

95.0 %

-37,427

-7.2 %

-34,909

 

 

Profit or loss

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Profit or loss

HN

122,759

-38.9 %

200,805

0.4 %

199,994

 

 

Total Income (I+III+V+VII)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

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

HL

26,361,631

-22.5 %

34,004,481

14.7 %

29,646,611

 

 

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

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

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

HM

26,238,874

-22.4 %

33,803,674

14.8 %

29,446,617

 

 

Operating income (I)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total operating income (Total I)

FR

26,336,915

-22.5 %

33,994,642

14.8 %

29,617,840

 

 

Operating income (details)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sale of goods for resale

FC

26,285,238

-22.3 %

33,812,321

16.1 %

29,126,443

France

FA

7,315,494

-23.3 %

9,543,829

17.9 %

8,092,590

Export

FB

18,969,744

-21.8 %

24,268,492

15.4 %

21,033,853

Sale of goods produced

FF

0

0%

0

0%

0

France

FD

0

0%

0

0%

0

Export

FE

0

0%

0

0%

0

Sale of services

FI

7,527

-66.3 %

22,330

-0.7 %

22,488

France

FG

5,965

-27.1 %

8,183

56.5 %

5,228

Export

FH

1,562

-89.0 %

14,147

-18.0 %

17,260

Net turnover

FL

26,292,765

-22.3 %

33,834,651

16.1 %

29,148,931

France

FJ

7,321,459

-23.4 %

9,552,012

18.0 %

8,097,818

Export

FK

18,971,306

-21.9 %

24,282,639

15.4 %

21,051,113

Stocked production

FM

0

0%

0

0%

0

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

0

0%

0

0%

0

Release of reserves and provisions

FP

10,635

-93.0 %

151,993

-66.9 %

458,736

Other income

FQ

33,515

319.0 %

7,998

-21.4 %

10,173

 

 

Operating charges (II)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total operating charges (Total II)

GF

26,051,176

-22.1 %

33,459,107

14.9 %

29,129,346

 

 

Exploitation charges

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Purchase of goods for resale

FS

24,408,290

-22.3 %

31,427,604

13.0 %

27,806,220

Change in stocks of goods for resale

FT

-314,834

8.6 %

-344,570

69.1 %

-1,114,700

Purchase of raw materials

FU

0

0%

0

0%

0

Change in stocks of raw materials

FV

0

0%

0

0%

0

Other external purchases and charges

FW

554,072

-12.7 %

634,832

-3.6 %

658,593

Tax, duty and similar payments

FX

83,060

-6.7 %

89,022

16.5 %

76,435

Payroll

FY

772,304

-6.7 %

827,633

3.8 %

797,653

Social security costs

FZ

412,521

-8.4 %

450,119

4.3 %

431,727

 

 

Depreciation

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Depreciation of fixed assets

GA

15,377

-54.3 %

33,641

-16.7 %

40,397

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

94,690

-70.0 %

315,755

-13.9 %

366,820

Provisions for risks and charges

GD

0

0%

0

0%

0

 

 

Other charges

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Other charges

GE

25,696

2.5 %

25,071

-62.1 %

66,202

 

 

Operating charges (III-IV)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Share of joint-venture transferred to other partner(s) (Total III)

GH

0

0%

0

0%

0

Share of joint venture transferred from other partner(s) (Total IV)

GI

0

0%

0

0%

0

 

 

Financial income (V)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total financial income (Total V)

GP

23,045

144.3 %

9,435

-66.4 %

28,111

Share financial income

GJ

15,018

59.2 %

9,435

-64.6 %

26,624

Other investment income & capitalised receivables

GK

0

0%

0

0%

3

Other interest and similar income

GL

8,027

0%

0

0%

2

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

0

0%

0

0%

1,483

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

 

Financial charge (VI)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total financial charge (Total VI)

GU

119,411

-40.8 %

201,671

5.3 %

191,443

Financial reserves and provisions

GQ

0

0%

0

0%

0

Interest and similar charges

GR

119,340

-40.8 %

201,478

5.2 %

191,443

Exchange losses

GS

71

-63.2 %

193

0%

0

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total extraordinary income (Total VII)

HD

1,671

313.6 %

404

-38.8 %

660

Extraordinary operating income

HA

1,671

313.6 %

404

-38.8 %

660

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)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total extraordinary charges (Total VIII)

HH

3,526

-90.7 %

37,831

6.4 %

35,569

Extraordinary operating charges

HE

2,404

-68.8 %

7,700

189.6 %

2,659

Extraordinary charges from capital transactions

HF

1,122

0%

0

0%

783

Extraordinary reserves and provisions

HG

0

0%

30,131

-6.2 %

32,126

 

 

Employee profit sharing (IX)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

 

Tax on profits (X)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Tax on profits (Total X)

HK

64,761

-38.4 %

105,065

16.4 %

90,259

 

 

References

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

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%

139,508

1879.1 %

7,049

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)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Gross value at begin of period

OG

0

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

0

0%

0

0%

0

Decreasess by budget item transfer

OK1

6,534

0%

0

0%

0

Decreasess by transfers

OK2

220,741

-10.2 %

245,775

222.8 %

76,150

Gross value at the end of period

OL

1,254,694

2.3 %

1,226,925

-3.1 %

1,266,554

 

 

Research and development Charge (Total I)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Gross value at begin of period

CZ

0

0%

0

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

0

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

0

0%

0

0%

0

 

 

Other budget item from Intangible fixed assets (Total II)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Gross value at begin of period

KD

31,993

25.7 %

25,459

2.1 %

24,930

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

448

0%

0

0%

1,525

Decreasess by budget item transfer

LV1

6,534

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

997

Gross value at the end of period

LW

25,907

1.8 %

25,459

0.0 %

25,458

 

 

Tangible fixed assets (Total III)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Gross value at begin of period

LN

978,155

9.0 %

897,121

0.0 %

897,449

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

24,606

27.3 %

19,330

147.0 %

7,827

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

12,845

77.4 %

7,240

-11.2 %

8,156

Gross value at the end of period

NH

989,916

8.9 %

909,211

1.3 %

897,120

 

 

Financial assets (Total IV)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Gross value at begin of period

LQ

368,313

7.1 %

343,976

8.0 %

318,499

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

78,455

-58.0 %

186,816

102.0 %

92,475

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

207,897

-12.8 %

238,535

256.0 %

66,998

Gross value at the end of period

NK

238,871

-18.3 %

292,257

-15.0 %

343,976

 

 

Reserve for depreciation

 

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

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Reserve for depreciation value at begin of period

ON

0

0%

0

0%

0

Increases

OP

0

0%

0

0%

0

Decreasess

OQ

0

0%

0

0%

0

Reserve for depreciation value at the end of period

OR

0

0%

0

0%

0

 

 

Research and development charge (Total I)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Reserve for depreciation value at begin of period

CY

0

0%

0

0%

0

Increases

PB

0

0%

0

0%

0

Decreasess

PC

0

0%

0

0%

0

Decreasess by budget item transfer

PD

0

0%

0

0%

0

 

 

Other intangible assets (Total II)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Reserve for depreciation value at begin of period

PE

23,951

40.1 %

17,097

65.8 %

10,313

Increases

PF

1,617

-66.6 %

4,848

-37.7 %

7,782

Decreasess

PG

0

0%

0

0%

997

Decreasess by budget item transfer

PH

25,568

16.5 %

21,945

28.4 %

17,097

 

 

Total fixed assets amotisation (Total III)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Reserve for depreciation value at begin of period

QU

846,642

2.3 %

827,385

3.1 %

802,141

Increases

QV

13,761

-52.2 %

28,793

-11.7 %

32,615

Decreases

QW

11,723

0%

0

0%

7,372

Decreasess by budget item transfer

QX

848,680

-0.9 %

856,178

3.5 %

827,385

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Gross value at begin of period

Z91

0

0%

0

0%

0

Increases

Z92

0

0%

0

0%

0

Depreciation of fixed assets during period

Z9

0

0%

0

0%

0

Decreasess by budget item transfer

B1

0

0%

0

0%

0

 

 

Premium refund of obligations

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Net value at begin of period

SP1

0

0%

0

0%

0

Increases

SP2

0

0%

0

0%

0

Depreciation of fixed assets during period

SP

0

0%

0

0%

0

Net value at the end of period

SR

0

0%

0

0%

0

 

 

Provisions included in balance sheet

 

Grand Total (I-II-III)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Value at begining of period

7C

1,545,772

16.6 %

1,325,955

-3.8 %

1,378,695

Increases

UB

94,690

-72.6 %

345,886

-13.3 %

398,946

Decreases

UC

2,700

-78.4 %

12,485

-97.2 %

451,687

Value at the end of period

UD

1,637,762

-1.3 %

1,659,356

25.1 %

1,325,955

 

 

Includes Total allocations

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Operating

UE

0

0%

315,755

-13.9 %

366,820

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

0

0%

30,131

-6.2 %

32,126

 

 

Includes Total Withdrawal

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Operating

UF

0

0%

12,485

-97.2 %

451,687

Financial

UH

0

0%

0

0%

0

Exceptional

UK

0

0%

0

0%

0

 

 

Total regulated provisions (Total I)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

 

 

Total risk and charge provisions (Total II)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Value at begining of period

5Z

0

0%

0

0%

0

Increases

TV

0

0%

30,131

0%

0

Decreases

TW

0

0%

0

0%

0

Value at the end of period

TX

0

0%

30,131

0%

0

 

 

Total Provision for depreciation (Total III)

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Value at begining of period

7B

1,545,772

16.6 %

1,325,955

-3.8 %

1,378,695

Increases

TY

94,690

-70.0 %

315,755

-20.9 %

398,946

Decreases

TZ

2,700

-78.4 %

12,485

-97.2 %

451,687

Value at the end of period

UA

1,637,762

0.5 %

1,629,225

22.9 %

1,325,955

 

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Gross value

VT

6,933,559

-8.6 %

7,588,327

7.9 %

7,032,401

1 year at most

VU

5,099,281

-11.3 %

5,750,272

6.2 %

5,415,975

More than one year

VV

1,834,278

-0.2 %

1,838,055

13.7 %

1,616,426

 

 

State of loans

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Claims related to holdings (gross)

UL

0

0%

0

0%

0

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

1,139

0%

0

0%

0

Loans (1 year at most)

UR

960

0%

0

0%

0

Other financial assets (gross)

UT

120,396

-31.2 %

174,921

14.6 %

152,640

Other financial assets (1 year at most)

UV

114

-99.8 %

48,321

53.2 %

31,549

 

 

Receivables statement of assets

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Customers doubtful or disputed

VA

1,587,037

2.1 %

1,554,566

16.1 %

1,338,446

Other claims customer

UX

4,637,559

-6.8 %

4,976,181

4.7 %

4,754,805

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

461

-51.6 %

953

-81.6 %

5,184

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

16,212

0%

0

0%

8,645

Value added tax

VB

181,356

-27.0 %

248,312

188.4 %

86,088

Other taxes and payments assimilated

VN

11,228

0%

0

0%

6,641

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

369,168

-39.9 %

614,390

-7.5 %

664,292

 

 

Prepaid

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Prepaid

VS

9,003

-52.6 %

19,004

21.4 %

15,660

 

State Debt

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Total debt (gross)

VY

5,466,600

-18.3 %

6,689,863

10.7 %

6,044,721

1 year at most

VZ2

5,465,630

-18.3 %

6,689,101

10.7 %

6,043,960

More than 1 year and 5 years at most

VZ3

970

27.3 %

762

0.1 %

761

More than 5 years

VZ4

0

0%

0

0%

0

 

 

Details

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Convertible bonds (gross)

7Y1

0

0%

0

0%

0

1 year at most

7Y2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

0

Other bonds (gross)

7Z1

0

0%

0

0%

0

1 year at most

7Z2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Z3

0

0%

0

0%

0

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

VG1

4,289,096

0%

0

0%

0

1 year at most

VG2

4,289,096

0%

0

0%

0

More than 1 year and 5 years at most

VG3

0

0%

0

0%

0

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

VH1

0

0%

5,365,224

16.3 %

4,612,593

1 year at most

VH2

0

0%

5,365,224

16.3 %

4,612,593

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

970

27.3 %

762

0%

762

1 year at most

8A2

0

0%

0

0%

0

More than 1 year and 5 years at most

8A3

970

27.3 %

762

0%

762

Suppliers and associated accounts (gross)

8B1

924,101

64.0 %

563,532

-46.8 %

1,059,532

1 year at most

8B2

924,101

64.0 %

563,532

-46.8 %

1,059,532

More than 1 year and 5 years at most

8B3

924,101

64.0 %

563,532

-46.8 %

1,059,532

Personnel and associated accounts (gross)

8C1

40,513

-46.9 %

76,248

21.0 %

63,036

1 year at most

8C2

40,513

-46.9 %

76,248

21.0 %

63,036

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

141,353

-24.5 %

187,117

8.3 %

172,700

1 year at most

8D2

141,353

-24.5 %

187,117

8.3 %

172,700

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

14,582

0%

0

1 year at most

8E2

0

0%

14,582

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

338

244.9 %

98

0%

0

1 year at most

VW2

338

244.9 %

98

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

23,641

-1.0 %

23,887

34.3 %

17,786

1 year at most

VQ2

23,641

-1.0 %

23,887

34.3 %

17,786

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%

37,000

1 year at most

8J2

0

0%

0

0%

37,000

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

23,302

0.8 %

23,128

-45.4 %

42,337

1 year at most

VI2

23,302

0.8 %

23,128

-45.4 %

42,337

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

23,287

-94.7 %

435,285

1016.8 %

38,975

1 year at most

8K2

23,287

-94.7 %

435,285

1016.8 %

38,975

More than 1 year and 5 years at most

8K3

0

0%

0

0%

0

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

0

1 year at most

8L2

0

0%

0

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Loans made during the period

VJ

0

0%

0

0%

0

Debt repaid during the period

VK

0

0%

0

0%

0

 

 

Table allocation results and other information

 

Dividends distributed

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Commitments leasing furniture

YQ

0

0%

0

0%

0

Commitments Real Estate Leasing

YR

0

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

 

Other charges Externes

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Subcontracting

YT

0

0%

0

0%

0

Rentals, rental charges and condominiums

XQ

0

0%

0

0%

0

Staff outside the company

YU

0

0%

0

0%

0

Remuneration intermediaries and fees (excluding fees)

SS

0

0%

0

0%

0

Fees, commissions and brokerage

YV

0

0%

0

0%

0

Other accounts

ST

0

0%

0

0%

0

Total Other purchases and external

ZJ

0

0%

0

0%

0

 

 

Taxes and Fees

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Business tax

YW

0

0%

0

0%

0

Other taxes and payments assimilated

9Z

0

0%

0

0%

0

Total taxes and fees

YX

0

0%

0

0%

0

 

 

VAT

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Amount VAT collected

YY

0

0%

0

0%

0

Total VAT on goods and services

YZ

0

0%

0

0%

0

 

 

Average number of employees

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Average number of employees

YP

15

0%

0

0%

0

 

 

Groups and Shareholders

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Fixed Asset Financing

6.89

110.1 %

3.28

10.1 %

2.98

2.34

194.4 %

Global Debt

75 days

5.6 %

71 days

-15.5 %

84 days

87 days

-13.8 %

Working Capital Fund overall net

101 days

236.7 %

30 days

-3.2 %

31 days

42 days

140.5 %

Financial independence

80.26 %

39.9 %

57.35 %

-7.6 %

62.07 %

167.18 %

-52.0 %

Solvability

38.71 %

22.9 %

31.50 %

5.4 %

29.90 %

33.68 %

14.9 %

Capacity debt futures

80.71 %

40.1 %

57.60 %

-8.1 %

62.65 %

1,093.03 %

-92.6 %

Coverage of current assets by net working capital overall

72.57 %

187.4 %

25.25 %

6.1 %

23.80 %

40.18 %

80.6 %

General Liquidity

0.93

8.1 %

0.86

-4.4 %

0.90

0.71

31.0 %

Restricted Liquidity

0.98

1.0 %

0.97

-10.2 %

1.08

1.06

-7.5 %

 

 

Management or rotation

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Need background in operating working capital

97 days

22.8 %

79 days

6.8 %

74 days

15 days

546.7 %

Treasury

4 days

108.2 %

-49 days

-14.0 %

-43 days

8 days

-50.0 %

Inventory turnover of goods

46 days

35.3 %

34 days

-2.9 %

35 days

31 days

48.4 %

Average length of credit granted to customers

85 days

23.2 %

69 days

-8.0 %

75 days

44 days

93.2 %

Average length of credit obtained suppliers

14 days

133.3 %

6 days

-57.1 %

14 days

46 days

-69.6 %

Inventory turnover of raw materials in industrial enterprises

0 days

0%

0 days

0%

0 days

0 days

0%

Inventory turnover of intermediate and finished products in the industrial enterprise

-

-

-

-

-

900 days

-

Rotation tangible assets

2,656.06 %

-28.6 %

3,721.32 %

14.5 %

3,249.17 %

1,776.80 %

49.5 %

 

 

Profitability of the business

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Margin trading

8.34 %

3.3 %

8.07 %

-3.4 %

8.35 %

23.79 %

-64.9 %

Profitability of the business

1.44 %

-35.1 %

2.22 %

31.4 %

1.69 %

2.92 %

-50.7 %

Net profit

0.47 %

-20.3 %

0.59 %

-14.5 %

0.69 %

1.51 %

-68.9 %

Growth rate of turnover (excluding VAT)

-22.29 %

-238.6 %

16.08 %

662.1 %

2.11 %

2.34 %

-1052.6 %

Rates integration

6.26 %

0%

6.26 %

1.5 %

6.17 %

15.27 %

-59.0 %

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Work Factor

72.02 %

19.3 %

60.36 %

-11.7 %

68.34 %

64.21 %

12.2 %

Weight interests

0.45 %

-25.0 %

0.60 %

-9.1 %

0.66 %

0.11 %

309.1 %

 

Return on capital

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Cash flow from the overall profitability

0.53 %

-29.3 %

0.75 %

223.0 %

-0.61 %

2.46 %

-78.5 %

Rates of economic profitability

5.00 %

-44.4 %

9.00 %

28.6 %

7.00 %

16.00 %

-68.8 %

Financial profitability

3,461,830.00 %

12.0 %

3,090,415.00 %

6.9 %

2,889,610.00 %

56,554.00 %

6021.3 %

Return on investment

3.11 %

-34.5 %

4.75 %

-8.5 %

5.19 %

10.66 %

-70.8 %

 

 

Management intermediate balances

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Turnover

26,292,765

-22.3 %

33,834,651

16.1 %

29,148,931

669,655

3826.3 %

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Sales of goods

26,285,238

-22.3 %

33,812,321

16.1 %

29,126,443

-

- Purchase of goods

24,408,290

-22.3 %

31,427,604

13.0 %

27,806,220

-

+/- Stock of goods variation

-314,834

8.6 %

-344,570

69.1 %

-1,114,700

-

Trading margin

2,191,782 €

-19.7 %

2,729,287 €

12.1 %

2,434,923 €

139,854 €

1467.2 %

8.34 % CA

3.3 %

8.07 % CA

-3.4 %

8.35 % CA

24.41 % CA

-65.8 %

 

 

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Sale of goods produced

7,527

-66.3 %

22,330

-0.7 %

22,488

-

+/- Stocked production

0

0%

0

0%

0

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

7,527 €

-66.3 %

22,330 €

-0.7 %

22,488 €

5,323 €

41.4 %

0.03 % CA

-57.1 %

0.07 % CA

-12.5 %

0.08 % CA

0.92 % CA

-96.7 %

 

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Trading margin

2,191,782

-19.7 %

2,729,287

12.1 %

2,434,923

139,854

1467.2 %

+ Period Production

7,527

-66.3 %

22,330

-0.7 %

22,488

5,323

41.4 %

- Purchase of raw materials

0

0%

0

0%

0

-

+/- Change in stocks of raw materiels

0

0%

0

0%

0

-

- Other external purchases and charges

554,072

-12.7 %

634,832

-3.6 %

658,593

-

Added value

1,645,237 €

-22.3 %

2,116,785 €

17.7 %

1,798,818 €

109,886 €

1397.2 %

6.26 % CA

0%

6.26 % CA

1.5 %

6.17 % CA

15.27 % CA

-59.0 %

 

 

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Added value

1,645,237 €

-22.3 %

2,116,785 €

17.7 %

1,798,818 €

109,886 €

1397.2 %

+ Operating grants

0

0%

0

0%

0

-

- Tax, duty and similar payments

83,060

-6.7 %

89,022

16.5 %

76,435

-

- Personal charges

1,184,825

-7.3 %

1,277,752

3.9 %

1,229,380

-

Gross operating surplus

377,352 €

-49.7 %

750,011 €

52.1 %

493,003 €

19,669 €

1818.5 %

1.44 % CA

-35.1 %

2.22 % CA

31.4 %

1.69 % CA

2.92 % CA

-50.7 %

 

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Gross operating surplus

377,352 €

-49.7 %

750,011 €

52.1 %

493,003 €

19,669 €

1818.5 %

+ Release of reserves and provisions

10,635

-93.0 %

151,993

-66.9 %

458,736

-

+ Other operating income

33,515

319.0 %

7,998

-21.4 %

10,173

-

- Depreciation/ Amortisation

110,067

-68.5 %

349,396

-14.2 %

407,217

-

- Other charges

25,696

2.5 %

25,071

-62.1 %

66,202

-

Operating result

285,739 €

-46.6 %

535,535 €

9.6 %

488,493 €

13,402 €

2032.1 %

1.09 % CA

-31.0 %

1.58 % CA

-6.0 %

1.68 % CA

2.02 % CA

-46.0 %

 

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Operating result

285,739 €

-46.6 %

535,535 €

9.6 %

488,493 €

13,402 €

2032.1 %

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

0

0%

0

0%

0

-

+ Financial income

23,045

144.3 %

9,435

-66.4 %

28,111

-

- Financial charges

119,411

-40.8 %

201,671

5.3 %

191,443

-

Pre-tax result

189,373 €

-44.8 %

343,299 €

5.6 %

325,161 €

11,655 €

1524.8 %

0.72 % CA

-28.7 %

1.01 % CA

-9.8 %

1.12 % CA

1.90 % CA

-62.1 %

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Extraordinary income

1,671

313.6 %

404

-38.8 %

660

2

83450.0 %

- Extraordinary charges

3,526

-90.7 %

37,831

6.4 %

35,569

-

Extraordinary result

-1,855 €

95.0 %

-37,427 €

-7.2 %

-34,909 €

0 €

0%

-0.01 % CA

90.9 %

-0.11 % CA

8.3 %

-0.12 % CA

0.00 % CA

0%

 

 

31/12/2013

Variation

31/12/2011

Variation

31/12/2010

Sector Median 2013

Pre-tax result

189,373 €

-44.8 %

343,299 €

5.6 %

325,161 €

11,655 €

1524.8 %

Extraordinary result

-1,855 €

95.0 %

-37,427 €

-7.2 %

-34,909 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

64,761

-38.4 %

105,065

16.4 %

90,259

-

Net result

122,757 €

-38.9 %

200,807 €

0.4 %

199,993 €

11,230 €

993.1 %

0.47 % CA

-20.3 %

0.59 % CA

-14.5 %

0.69 % CA

1.51 % CA

-68.9 %

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.64.96

UK Pound

1

Rs.99.73

Euro

1

Rs.71.84

 

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

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.