MIRA INFORM REPORT
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Report No. : |
340187 |
|
Report Date : |
08.09.2015 |
IDENTIFICATION DETAILS
|
Name : |
SA LES SILOS DE TOURTOULEN |
|
|
|
|
Registered Office : |
Dom De Tourtoulen
Giraud Et Tourtoulen 13200 Arles |
|
|
|
|
Country : |
France |
|
|
|
|
Financials (as on) : |
31.08.2014 |
|
|
|
|
Date of Incorporation : |
July, 1989 |
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|
|
|
Legal Form : |
Public limited company with board of directors |
|
|
|
|
Line of Business : |
Other grain mill activities [We tried to confirm / obtain the detailed activity but the same is
not available from any sources] |
|
|
|
|
No. of Employee : |
20 to 49 employees |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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 & address
|
SIRET |
351 422 829 00017 |
||
|
Name |
SA LES SILOS DE TOURTOULEN |
||
|
Acronym |
- |
||
|
Trade name |
- |
||
|
Type of
Establishment |
Single (translated to H) |
||
|
Postal Address |
SA LES SILOS DE TOURTOULEN |
||
|
Telephone |
04 90 97 21 24 |
||
|
Share Capital |
1,435,030 Euros |
||
|
Incorporiation
Date |
07/1989 |
Nationality |
France |
|
APE/NAF Code |
1061B |
Currency |
Euros |
|
Activity (APE) |
Other grain mill activities |
Last account
Date |
31/08/2014 |
|
Formation Date |
07/1989 |
Fax |
04 90 97 21 24 |
|
Deregistration
Date |
- |
|
|
|
EUR VAT Number |
FR40351422829 |
Legal form |
Public limited company with board of directors |
|
Court Registry
Number |
89 B 00094 |
||
|
Registration
Court |
Arles (13) |
RCS Registration
|
RCS Arles B 351 422 829 |
Key
Financials
|
Year to date |
Turnover |
Gross operating
surplus |
Shareholder's
equity |
Net result |
Employees |
|
31/08/2014 |
22,078,369 € |
2.87% Turnover |
1,666,237 € |
103,827 € |
20 to 49 employees |
|
31/08/2013 |
20,180,352 € |
4.29% Turnover |
1,562,409 € |
59,533 € |
- |
|
31/08/2012 |
14,172,065 € |
6.08% Turnover |
1,532,850 € |
34,737 € |
- |
Ultimate
Holding Company
|
Name |
Country |
Company Number |
|
|
SOCIETE ANONYME LES SILOS DE TOURTOULEN |
351422829 |
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|
Affiliation links. |
|||
Directors
|
Current
Directors |
3 |
Preferential
Right
|
This company is not under monitoring |
Establishment
Details
|
Type of
Establishment |
Single (translated to H) |
Production Role |
- |
|
APE/NAF Code |
1061B |
Activity |
Other grain mill activities |
|
Formation Date |
07/1989 |
Reason for
Formation |
Formation |
|
Closure Date |
- |
Reason for
Closure |
- |
|
Reactivation
Date |
- |
Seasonality |
- |
|
Activity Nature |
- |
Activity
Location |
Other |
|
Trading Address |
GIRAUD ET TOURTOULEN |
Department |
Bouches-du-Rhône (13) |
|
Location Surface |
- |
District |
2 |
|
City |
ARLES |
Status |
Economically active |
|
Business Pages
FT® |
COOPERATIVES AGRICOLES |
Region |
Côte d'Azur |
|
Area |
98 |
||
|
Size of Urban
Area |
- |
Ultimate
Parent(s)
1 ultimate parent company/companies for this company
|
Company Name |
Activity (APE) |
APE/NAF Code |
City |
Post Code |
|
SA LES SILOS DE TOURTOULEN |
Autres activités du travail des grains |
1061B |
ARLES |
13200 |
Other
Establishment(s)
|
Regionality |
Legal unit with all establishments in same area |
|
Mono-activity
status |
Legal unit having all establishments with the same main
activity |
|
Branches |
1 branch entities in this company |
|
Company Name |
Company Type |
APE/NAF Code |
Activity |
City |
Post Code |
|
SA LES SILOS DE TOURTOULEN |
Head Office |
1061B |
Autres activités du travail des grains |
ARLES |
13200 |
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 decrease of tangible fixed assets over the last two
accounting periods is 13 % |
|
|
The stock to turnover ratio is 48.31 |
|
|
The sales to current assets ratio is 1.55 |
|
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The ratio total assets to total liabilities is 1.18 |
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The return on total assets employed is 0.85 |
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The creditor days are 61.47 |
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The shareholder's equity is 1,666,237 € |
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The pre-tax profit is 139,331 € |
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The net turnover is 22,078,369 € |
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The net current assets are 14,259,512 € |
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The liabilities are 13,986,418 € |
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The total assets are 16,480,654 € |
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The risk provisions are 0 € |
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Department code with low risk rating |
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Industry code with low risk rating |
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The company has 5 directors |
|
|
Low risk workforce size |
Collective
procedures
|
No judgment information for the company |
Preferential
rights details and history
|
Status of collection |
This company is not under monitoring |
Group
Data
|
Ultimate parent
company |
SOCIETE ANONYME LES SILOS DE TOURTOULEN |
|
|
Direct parent |
- |
|
|
Group – Number
of companies |
3 |
|
|
Linkages –
Number of companies |
||
|
Number of
countries |
||
|
|
Name |
SIREN |
Parts |
Last account
published |
|
|
1 |
SA LES SILOS DE TOURTOULEN |
351422829 |
- |
31/08/2014 |
|
|
2 |
SICA CAMARGUE CEREALES |
518789581 |
48.75 % |
31/12/2013 |
|
|
SARL T C CAMARGUE |
535068563 |
33.33 % |
31/12/2013 |
Shareholders
Type of shareholders
Psyhical
person: 44.64%Undefined: 55.36%Psyhical personUndefined
Shareholders
Linkages
|
No Linkages information available for the company. |
Director(s)
|
Name |
MME. MAZET
CHRISTINE |
|
|||||||
|
Manager position |
Administrator |
Date of birth |
25/06/1967 |
|
|||||
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Place of birth |
ARLES |
|
|||||||
|
Type |
Individual |
Name at birth |
MANDROLINI |
|
|||||
|
|||||||||
|
Name |
M. MANDROLINI
SYLVAIN |
||||||||
|
Manager position |
Delegated managing director, Administrator |
Date of birth |
21/04/1950 |
||||||
|
Place of birth |
ARLES |
||||||||
|
Type |
Individual |
Name at birth |
|||||||
|
Name |
M. LACROTTE
FLORIAN |
|||
|
Manager position |
Administrator, Chief Executive Officer |
Date of birth |
07/06/1955 |
|
|
Place of birth |
ARLES |
|||
|
Type |
Individual |
Name at birth |
||
Previous
Directors
No data about previous directors is available for this company
Status
history
No Status History
Recent
publications in Gazettes
|
Publication
date |
Gazette Name |
Description |
|
|
10/03/2015 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 -
BOUCHES-DU-RHONE GREFFE DU
TRIBUNAL DE COMMERCE DE TARASCON 1339 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2014. |
|||
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05/04/2014 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 -
BOUCHES-DU-RHONE GREFFE DU
TRIBUNAL DE COMMERCE DE TARASCON 1341 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2013. |
|||
|
02/04/2013 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 -
BOUCHES-DU-RHONE GREFFE DU TRIBUNAL
DE COMMERCE DE TARASCON-SUR-RHÔNE 1643 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2012. |
|||
|
02/04/2012 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 -
BOUCHES-DU-RHONE GREFFE DU
TRIBUNAL DE COMMERCE DE TARASCON-SUR-RHÔNE 1570 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2011. |
|||
|
22/03/2011 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 -
BOUCHES-DU-RHONE GREFFE DU
TRIBUNAL DE COMMERCE DE TARASCON-SUR-RHÔNE 972 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2010. |
|||
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12/04/2010 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 - BOUCHES-DU-RHONE GREFFE DU
TRIBUNAL DE COMMERCE DE TARASCON-SUR-RHONE 1253 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2009. |
|||
|
18/03/2009 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 -
BOUCHES-DU-RHONE GREFFE DU
TRIBUNAL DE COMMERCE DE TARASCON-SUR-RHONE 1243 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen, 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2008. |
|||
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12/03/2008 |
Bodacc C |
Comptes annuels et rapports |
|
|
13 -
BOUCHES-DU-RHONE GREFFE DU
TRIBUNAL DE COMMERCE D'ARLES 1496 - 351422829 RCS. SA LES SILOS DE TOURTOULEN. Forme : Société
anonyme. Adresse : Domaine de Tourtoulen, 13200 Arles. Commentaires
: Comptes annuels et rapports de l'exercice clos le : 31/08/2007. |
|||
|
18/10/2007 |
Bodacc B |
Modifications et mutations diverses |
|
|
334 - RCS Arles B 351 422 829. RC 89-B 94. S.A. LES SILOS DE
TOURTOULEN. Forme : S.A. Capital : 1 435 030 euros. Adresse du siège social :
Domaine de Tourtoulen,, 13200 Commentaires : modification survenue sur le
capital (augmentation). Date d'effet : 2 août 2007. |
|||
|
29/04/2007 |
Bodacc C |
Avis de dépôt des comptes |
|
|
1155 - RCS Arles B 351 422 829. RC 89-B 94. SA LES SILOS DE
TOURTOULEN. Forme: S.A. Adresse du siège social: domaine de Tourtoulen,13200 Arles.
Comptes annuels et rapports de l'exercice clos le: 31 août 2006. |
|||
|
16/04/2006 |
Bodacc B |
Modifications et mutations diverses |
|
|
0421 - RCS Arles B 351 422 829. RC 89-B 94. S.A. LES SILOS DE TOURTOULEN.
Forme : S.A. Adresse du siège social : Domaine de Tourtoulen,, 13200
Commentaires : modification survenue sur l'administration. Administration :
président directeur général et administrateur : LACROTTE (Florian) (Nom
d'usage : LACROTTE). Directeur général délégué et administrateur : MANDROLINI
(Sylvain) (Nom d'usage : MANDROLINI). Administrateur : MANDROLINI (Christine,
Claude) (Nom d'usage : MAZET). Commissaire aux comptes titulaire
démissionnaire : BALVAY (Gérard). Nouveau commissaire aux comptes titulaire :
CONCEPT EXPERTS ET COMMISSAIRES, représentée par BOUSQUET (Thierry) (Nom
d'usage : BOUSQUET). Commissaire aux comptes suppléant : LAQUET (Robert) (Nom
d'usage : LAQUET). Date d'effet : 27 février 2006. |
|||
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31/03/2006 |
Bodacc C |
Avis de dépôt des comptes |
|
|
841 - RCS Arles B 351 422 829. RC 89-B 94. SA LES SILOS DE TOURTOULEN.
Forme: S.A. Adresse du siège social: domaine de Tourtoulen,13200 Arles.
Comptes annuels et rapports de l'exercice clos le: 31 août 2005. |
|||
|
03/04/2005 |
Bodacc C |
Avis de dépôt des comptes |
|
|
493 - RCS Arles B 351 422 829. RC 89-B 94. SA LES SILOS DE TOURTOULEN.
Forme: SOCIETE ANONYME DE DROIT COMMUN. Adresse du siège social: domaine de Tourtoulen,13200
Arles. Comptes annuels et rapports de l'exercice clos le: 31 août 2004. |
|||
|
04/07/2004 |
Bodacc B |
Modifications et mutations diverses |
|
|
RCS Arles B 351422829 RC 89-B 94 S.A. LES SILOS DE TOURTOULEN. Forme :
société de droit étranger. Capital : 1 035 300 euros. Adresse du siège social
: Domaine de Tourtoulen, 13200 Arles. Commentaires : modification survenue
sur le capital ( augmentation) et l'administration. Administration : P.-D.G.
et administrateur : LACROTTE (Florian) ( Nom d'usage : LACROTTE). Directeur
général délégué : MANDROLINI (Sylvain) ( Nom d'usage : MANDROLINI).
Administrateur : MANDROLINI (Christine, Claude) ( Nom d'usage : MAZET).
Commissaire aux comptes titulaire : BALVAY (Gérard) ( Nom d'usage : BALVAY) .
Commissaire aux comptes suppléant : LAQUET (Robert) ( Nom d'usage : LAQUET).
Date d'effet : 24 mai 2004. |
|||
|
11/06/2004 |
Bodacc B |
Modifications et mutations diverses |
|
|
RCS Arles B 351422829 RC 89-B 94 S.A. LES SILOS DE TOURTOULEN. Forme :
société de droit étranger. Capital : 150 000 euros. Adresse du siège social :
Domaine de Tourtoulen, 13200 Arles. Commentaires : modification survenue sur
l' administration. Administration : président du conseil d'administration et
administrateur : LACROTTE (Florian) ( Nom d'usage : LACROTTE). Directeur
général et administrateur : MANDROLINI ( Sylvain) ( Nom d'usage :
MANDROLINI). Administrateur : MANDROLINI (Christine, Claude) ( Nom d'usage :
MAZET). Commissaire aux comptes titulaire : BALVAY (Gérard) ( Nom d'usage :
BALVAY) . Commissaire aux comptes suppléant : LAQUET (Robert) ( Nom d'usage :
LAQUET). Date d'effet : 31 octobre 2003. |
|||
|
04/10/2000 |
Bodacc B |
Modifications et mutations diverses |
|
|
RCS Arles B 351422829 RC 89-B 94 S.A. LES SILOS DE TOURTOULEN. Forme :
société de droit étranger. Capital : 150 000 euros. Adresse du siège social :
Domaine de Tourtoulen, 13200 Arles. Commentaires : modification survenue sur
l' administration. Administration : président du conseil d'administration et
administrateur : LACROTTE (Florian) ( Nom d'usage : LACROTTE). Directeur
général et administrateur : MANDROLINI ( Sylvain) ( Nom d'usage :
MANDROLINI). Administrateur : MANDROLINI (Christine, Claude) ( Nom d'usage :
MAZET). Commissaire aux comptes titulaire : BALVAY (Gérard) ( Nom d'usage :
BALVAY) . Commissaire aux comptes suppléant : GAYON (Jean-Luc) ( Nom d'usage
: GAYON). Date d'effet : 28 juillet 2000. |
|||
|
03/05/2000 |
Bodacc B |
Modifications et mutations diverses |
|
|
RCS Arles B 351422829 RC 89-B 94 S.A. LES SILOS DE TOURTOULEN. Forme :
société de droit étranger. Adresse du siège social : Domaine de Tourtoulen,
13200 Arles. Commentaires : modification survenue sur l'administration. Administration
: président du conseil d' administration : DIJOL (Maurice) ( Nom d'usage :
DIJOL). Directeur général et administrateur : LACROTTE (Florian) ( Nom
d'usage : LACROTTE). Administrateurs : MANDROLINI (Sylvain) ( Nom d'usage :
MANDROLINI) MANDROLINI (Christine, Claude) ( Nom d'usage : MAZET) CUISSARD
(Eddy, Roger) ( Nom d' usage : CUISSARD). Commissaire aux comptes titulaire :
BALVAY (Gérard) ( Nom d'usage : BALVAY). Commissaire aux comptes suppléant :
GAYON (Jean, Luc) ( Nom d'usage : GAYON). Date d'effet : 28 février 2000. |
|||
|
21/07/1999 |
Bodacc B |
Modifications et mutations diverses |
|
|
RCS Arles B 351422829 RC 89-B 94 S.A. LES SILOS DE TOURTOULEN. Forme :
société de droit étranger. Capital : 150 000 euros. Adresse du siège social :
Domaine de Tourtoulen, 13200 Arles. Commentaires : modification survenue sur
le capital ( augmentation). Date d'effet : 21 mai 1999. |
|||
Company
events history
|
Date |
Description |
|
10/03/2015 |
Bodacc C : Deposit accounts notice |
|
06/03/2015 |
Update Rating |
|
06/03/2015 |
Update Limit |
|
06/03/2015 |
Consideration of a balance sheet that has led to a reassessment of
this company's creditworthiness |
|
31/08/2014 |
New accounts available |
|
05/04/2014 |
Bodacc C : Deposit accounts notice |
|
12/03/2014 |
Update Rating |
|
12/03/2014 |
Consideration of a balance sheet that has led to a reassessment of
this company's creditworthiness |
|
06/12/2013 |
New subsidiarie(s) detected |
|
06/12/2013 |
New parent detected |
|
20/10/2013 |
Update Rating |
|
15/10/2013 |
Update Limit |
|
31/08/2013 |
New accounts available |
|
02/04/2013 |
Bodacc C : Deposit accounts notice |
|
29/03/2013 |
Consideration of a balance sheet that has led to a reassessment of this
company's creditworthiness |
|
31/12/2012 |
Update of Company Workforce |
|
31/12/2012 |
Update of Company Activity |
|
31/12/2012 |
Modification of Company Activity |
|
31/08/2012 |
New accounts available |
|
18/04/2012 |
Consideration of a balance sheet that has led to a reassessment of
this company's creditworthiness |
|
02/04/2012 |
Bodacc C : Deposit accounts notice |
|
31/08/2011 |
New accounts available |
|
22/03/2011 |
Bodacc C : Deposit accounts notice |
|
31/08/2010 |
New accounts available |
|
12/04/2010 |
Bodacc C : Deposit accounts notice |
|
31/08/2009 |
New accounts available |
|
18/03/2009 |
Bodacc C : Deposit accounts notice |
|
31/08/2008 |
New accounts available |
|
12/03/2008 |
Bodacc C : Deposit accounts notice |
|
04/09/2007 |
Private document |
|
04/09/2007 |
Minutes of general meeting of shareholders |
|
04/09/2007 |
Capital increase |
|
04/09/2007 |
Audit or Management Report |
|
04/09/2007 |
Updated articles of association |
|
31/08/2007 |
New accounts available |
|
02/08/2007 |
Other modification of Establishment |
|
31/08/2006 |
New accounts available |
|
06/03/2006 |
Appointment/resignation of company officers |
|
06/03/2006 |
Minutes of general meeting of shareholders |
|
06/03/2006 |
New auditor |
|
06/03/2006 |
Private document |
|
31/08/2005 |
New accounts available |
|
31/08/2004 |
New accounts available |
|
11/06/2004 |
Updated articles of association |
|
11/06/2004 |
Private document |
|
11/06/2004 |
Minutes of general meeting of shareholders |
|
11/06/2004 |
Minutes of Board meeting |
|
11/06/2004 |
Capital increase |
|
11/06/2004 |
Appointment/resignation of company officers |
|
13/05/2004 |
Audit or Management Report |
|
13/05/2004 |
Private document |
|
03/05/2004 |
New auditor |
|
03/05/2004 |
Minutes of general meeting of shareholders |
|
03/05/2004 |
Appointment/resignation of company officers |
|
03/05/2004 |
Private document |
|
31/08/2003 |
New accounts available |
|
11/09/2000 |
Changes to the Board of Directors |
|
11/09/2000 |
Appointment/resignation of company officers |
|
11/09/2000 |
Minutes of Board meeting |
|
11/09/2000 |
Private document |
|
11/09/2000 |
New chairman (CEO, CoB) |
|
10/04/2000 |
Appointment/resignation of company officers |
|
10/04/2000 |
Private document |
|
10/04/2000 |
Minutes of general meeting of shareholders |
|
23/06/1999 |
Private document |
|
23/06/1999 |
Updated articles of association |
|
23/06/1999 |
Minutes of general meeting of shareholders |
|
23/06/1999 |
Capital increase |
|
30/08/1993 |
Declaration of conformity |
|
30/08/1993 |
Minutes of general meeting of shareholders |
|
30/08/1993 |
New company name |
|
30/08/1993 |
Updated articles of association |
|
30/08/1993 |
New legal form – no new category |
|
23/06/1993 |
Declaration of conformity |
|
23/06/1993 |
Minutes of general meeting of shareholders |
|
23/06/1993 |
Updated articles of association |
Establishment
events history
|
Date |
Description |
|
31/12/2012 |
Modification of Head office Activity |
|
31/12/2012 |
Update of Establishment Workforce |
|
31/12/2012 |
Update of Establishment Activity |
|
02/08/2007 |
Modification of Head office |
|
15/06/2007 |
Update of phone numbers |
Synthesized
Accounts
Annual Accounts
|
31/08/2014 |
31/08/2013 |
31/08/2012 |
||||||
|
Account period
(month) |
12 |
12 |
12 |
|||||
|
Account Type |
Normal |
Normal |
Normal |
|||||
|
Date of capture |
05/03/2015 |
11/03/2014 |
28/03/2013 |
|||||
|
Activity Code |
1061B |
1061B |
1061B |
|||||
|
Employees |
0 |
0 |
0 |
Active account
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Capital not
called |
0 |
0% |
0 |
0% |
0 |
0 |
0% |
||
|
Total fixed
assets |
2,221,142 |
-15.0 % |
2,614,322 |
-10.9 % |
2,935,790 |
909,226 |
144.3 % |
||
|
Intangible
assets |
1 |
0% |
1 |
-100.0 % |
109,771 |
1 |
0% |
||
|
Tangible assets |
1,973,724 |
-13.1 % |
2,271,504 |
-8.7 % |
2,488,702 |
907,318 |
117.5 % |
||
|
Financial assets
|
247,417 |
-27.8 % |
342,817 |
1.6 % |
337,317 |
2,667 |
9177.0 % |
||
|
Net current
assets |
14,259,512 |
-5.6 % |
15,098,041 |
18.8 % |
12,705,615 |
5,088,012 |
180.3 % |
||
|
Stocks |
10,665,554 |
24.9 % |
8,535,932 |
7.8 % |
7,917,089 |
1,759,272 |
506.2 % |
||
|
Advanced
payments |
0 |
0% |
0 |
0% |
0 |
0 |
0% |
||
|
Receivables |
3,033,224 |
-52.9 % |
6,444,462 |
36.7 % |
4,713,698 |
2,755,466 |
10.1 % |
||
|
Securities and
cash |
560,735 |
376.6 % |
117,647 |
57.2 % |
74,828 |
230,749 |
143.0 % |
||
|
Prepaid expenses
|
- |
- |
- |
- |
- |
616 |
- |
||
|
Accounts of
regularization |
0 |
0% |
0 |
0% |
0 |
0 |
0% |
||
|
Total Assets |
16,480,654 |
-7.0 % |
17,712,362 |
13.2 % |
15,641,404 |
5,404,474 |
204.9 % |
||
Passive Account
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Shareholders'
equity |
1,666,237 |
6.6 % |
1,562,409 |
1.9 % |
1,532,850 |
2,205,044 |
-24.4 % |
||
|
Share capital |
1,435,030 |
0% |
1,435,030 |
0% |
1,435,030 |
1,302,500 |
10.2 % |
||
|
Other capital
resources |
828,000 |
-19.5 % |
1,028,000 |
0% |
1,028,000 |
0 |
0% |
||
|
Risk Provisions |
0 |
0% |
0 |
0% |
0 |
11,000 |
0% |
||
|
Liabilities |
13,986,418 |
-7.5 % |
15,121,953 |
15.6 % |
13,080,558 |
3,801,160 |
268.0 % |
||
|
Financial
liabilities |
9,962,908 |
9.0 % |
9,139,004 |
0.8 % |
9,065,548 |
1,245,301 |
700.0 % |
||
|
Advanced
payments received |
0 |
0% |
0 |
0% |
0 |
0 |
0% |
||
|
Trade account
payables |
3,717,937 |
-6.6 % |
3,980,197 |
87.2 % |
2,126,439 |
1,533,816 |
142.4 % |
||
|
Tax and social
liabilities |
212,275 |
-17.5 % |
257,204 |
37.8 % |
186,593 |
294,996 |
-28.0 % |
||
|
Other debts and
fixed assets liabilities |
93,297 |
-94.7 % |
1,745,548 |
2.6 % |
1,701,978 |
150,382 |
-38.0 % |
||
|
Account
regularization |
0 |
0% |
0 |
0% |
0 |
0 |
0% |
||
|
Total
liabilities |
16,480,654 |
-7.0 % |
17,712,362 |
13.2 % |
15,641,404 |
5,404,474 |
204.9 % |
||
Results
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Sales of Goods |
22,203,765 |
11.3 % |
19,953,003 |
41.9 % |
14,065,462 |
10,833,868 |
104.9 % |
||
|
Net turnover |
22,078,369 |
9.4 % |
20,180,352 |
42.4 % |
14,172,065 |
10,722,265 |
105.9 % |
||
|
of which net
export turnover |
10,975,692 |
11.3 % |
9,865,297 |
80.1 % |
5,478,639 |
2,922,929 |
275.5 % |
||
|
Operating
charges |
22,031,820 |
12.0 % |
19,666,863 |
43.2 % |
13,731,605 |
9,850,588 |
123.7 % |
||
|
Operating
profit/loss |
171,945 |
-39.9 % |
286,140 |
-14.3 % |
333,857 |
240,073 |
-28.4 % |
||
|
Financial income
|
437,946 |
31.6 % |
332,718 |
62.3 % |
205,033 |
27,734 |
1479.1 % |
||
|
Financial
charges |
493,065 |
-10.8 % |
552,995 |
4.9 % |
526,935 |
39,184 |
1158.3 % |
||
|
Financial
profit/loss |
-55,119 |
75.0 % |
-220,277 |
31.6 % |
-321,902 |
-6,808 |
-709.6 % |
||
|
Pretax net operating
income |
116,826 |
77.4 % |
65,863 |
450.9 % |
11,955 |
176,535 |
-33.8 % |
||
|
Extraordinary
income |
183,211 |
202.4 % |
60,592 |
57.0 % |
38,592 |
32,005 |
472.4 % |
||
|
Extraordinary
charges |
160,706 |
239.6 % |
47,316 |
2222.8 % |
2,037 |
39,296 |
309.0 % |
||
|
Extraordinary
profit/loss |
22,505 |
69.5 % |
13,276 |
-63.7 % |
36,555 |
6,188 |
263.7 % |
||
|
Net result |
103,827 |
74.4 % |
59,533 |
71.4 % |
34,737 |
156,372 |
-33.6 % |
||
Accounts – Active
Normal Account
|
31/08/2014 |
31/08/2013 |
31/08/2012 |
|||||
|
Months |
12 |
12 |
12 |
Grand Total - Active Accounts (I to VI)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Grand Total (I
to VI) |
Net |
16,480,654 |
-7.0 % |
17,712,362 |
13.2 % |
15,641,404 |
|
|
Gross |
CO |
21,074,742 |
-3.6 % |
21,859,650 |
13.1 % |
19,332,242 |
|
|
Amortisation |
1A |
4,594,088 |
10.8 % |
4,147,288 |
12.4 % |
3,690,838 |
Non declared distributed capital (I)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Non declared
distributed capital (I) |
AA3 |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
AA |
0 |
0% |
0 |
0% |
0 |
Active fixed asset (II)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total Active
fixed asset (II) |
Net |
2,221,142 |
-15.0 % |
2,614,322 |
-10.9 % |
2,935,790 |
|
|
Gross |
BJ |
6,370,385 |
-0.9 % |
6,426,214 |
0.3 % |
6,403,955 |
|
|
Amortisation |
BK |
4,149,243 |
8.8 % |
3,811,892 |
9.9 % |
3,468,165 |
Intangible fixed assets
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Start-up cost |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
AB |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
AC |
0 |
0% |
0 |
0% |
0 |
|
|
R&D expenses
|
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
CX |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
AE |
0 |
0% |
0 |
0% |
0 |
|
|
Distributorships,
patents |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
AF |
2,019 |
0% |
2,019 |
0% |
2,019 |
|
|
Amortisation |
AG |
2,019 |
0% |
2,019 |
0% |
2,019 |
|
|
Goodwill |
Net |
1 |
0% |
1 |
0% |
1 |
|
|
Gross |
AH |
1 |
0% |
1 |
0% |
1 |
|
|
Amortisation |
AI |
0 |
0% |
0 |
0% |
0 |
|
|
Other intangible
fixed assets |
Net |
0 |
0% |
0 |
0% |
109,770 |
|
|
Gross |
AJ |
0 |
0% |
0 |
0% |
109,770 |
|
|
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 |
1 |
0% |
1 |
-100.0 % |
109,771 |
Tangilble fixed assets
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Lands |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
AN |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
AO |
0 |
0% |
0 |
0% |
0 |
|
|
Buildings |
Net |
720,254 |
-11.1 % |
810,324 |
11.2 % |
728,754 |
|
|
Gross |
AP |
1,413,507 |
0% |
1,413,507 |
13.6 % |
1,244,127 |
|
|
Amortisation |
AQ |
693,253 |
14.9 % |
603,183 |
17.0 % |
515,373 |
|
|
Plant |
Net |
1,172,774 |
-18.2 % |
1,433,000 |
-8.2 % |
1,561,308 |
|
|
Gross |
AR |
4,565,347 |
-0.4 % |
4,581,576 |
3.4 % |
4,432,229 |
|
|
Amortisation |
AS |
3,392,573 |
7.7 % |
3,148,576 |
9.7 % |
2,870,921 |
|
|
Other tangible
fixed assets |
Net |
4,208 |
-25.2 % |
5,629 |
-88.7 % |
49,704 |
|
|
Gross |
AT |
65,606 |
2.9 % |
63,743 |
-50.8 % |
129,556 |
|
|
Amortisation |
AU |
61,398 |
5.7 % |
58,114 |
-27.2 % |
79,852 |
|
|
Fixed assets in
construction |
Net |
76,488 |
239.2 % |
22,551 |
-84.9 % |
148,936 |
|
|
Gross |
AV |
76,488 |
239.2 % |
22,551 |
-84.9 % |
148,936 |
|
|
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 |
1,973,724 |
-13.1 % |
2,271,504 |
-8.7 % |
2,488,702 |
Financial assets
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Associates at
equity |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
CS |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
CT |
0 |
0% |
0 |
0% |
0 |
|
|
Other
participations |
Net |
30,265 |
-75.9 % |
125,665 |
0% |
125,665 |
|
|
Gross |
CU |
30,265 |
-75.9 % |
125,665 |
0% |
125,665 |
|
|
Amortisation |
CV |
0 |
0% |
0 |
0% |
0 |
|
|
Inter-company
receivables |
Net |
124,027 |
0% |
124,027 |
4.6 % |
118,527 |
|
|
Gross |
BB |
124,027 |
0% |
124,027 |
4.6 % |
118,527 |
|
|
Amortisation |
BC |
0 |
0% |
0 |
0% |
0 |
|
|
Other investment
securities |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
BD |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
BE |
0 |
0% |
0 |
0% |
0 |
|
|
Loans |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
BF |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
BG |
0 |
0% |
0 |
0% |
0 |
|
|
Other financial
assets |
Net |
93,125 |
0% |
93,125 |
0% |
93,125 |
|
|
Gross |
BH |
93,125 |
0% |
93,125 |
0% |
93,125 |
|
|
Amortisation |
BI |
0 |
0% |
0 |
0% |
0 |
|
|
Sub Total
Financial assets |
Net |
247,417 |
-27.8 % |
342,817 |
1.6 % |
337,317 |
Current Assets (III)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total Assets |
Net |
14,259,512 |
-5.6 % |
15,098,041 |
18.8 % |
12,705,615 |
|
|
Gross |
CJ |
14,704,357 |
-4.7 % |
15,433,437 |
19.4 % |
12,928,287 |
|
|
Amortisation |
CK |
444,845 |
32.6 % |
335,396 |
50.6 % |
222,672 |
Stocks
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Raw materials |
Net |
9,058,643 |
28.1 % |
7,071,290 |
13.3 % |
6,241,704 |
|
|
Gross |
BL |
9,058,643 |
28.1 % |
7,071,290 |
13.3 % |
6,241,704 |
|
|
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 |
1,493,113 |
8.6 % |
1,374,830 |
-14.6 % |
1,610,400 |
|
|
Gross |
BR |
1,493,113 |
8.6 % |
1,374,830 |
-14.6 % |
1,610,400 |
|
|
Amortisation |
BS |
0 |
0% |
0 |
0% |
0 |
|
|
Goods for resale
|
Net |
113,798 |
26.7 % |
89,812 |
38.2 % |
64,985 |
|
|
Gross |
BT |
113,798 |
26.7 % |
89,812 |
38.2 % |
64,985 |
|
|
Amortisation |
BU |
0 |
0% |
0 |
0% |
0 |
|
|
Sub Total Stocks
|
Net |
10,665,554 |
24.9 % |
8,535,932 |
7.8 % |
7,917,089 |
Advance payments to suppliers
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Advance payments
to suppliers |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
BV |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
BW |
0 |
0% |
0 |
0% |
0 |
Debtors
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Trade accounts
receivable |
Net |
1,732,071 |
-53.3 % |
3,712,798 |
3.0 % |
3,605,663 |
|
|
Gross |
BX |
2,176,916 |
-46.2 % |
4,048,194 |
5.7 % |
3,828,335 |
|
|
Amortisation |
BY |
444,845 |
32.6 % |
335,396 |
50.6 % |
222,672 |
|
|
Other debtors |
Net |
1,263,020 |
14.3 % |
1,104,680 |
4.5 % |
1,057,417 |
|
|
Gross |
BZ |
1,263,020 |
14.3 % |
1,104,680 |
4.5 % |
1,057,417 |
|
|
Amortisation |
CA |
0 |
0% |
0 |
0% |
0 |
|
|
Capital
subscribed and called up |
Net |
0 |
0% |
0 |
0% |
0 |
|
|
Gross |
CB |
0 |
0% |
0 |
0% |
0 |
|
|
Amortisation |
CC |
0 |
0% |
0 |
0% |
0 |
|
|
Sub Total
debtors |
Net |
2,995,091 |
-37.8 % |
4,817,478 |
3.3 % |
4,663,080 |
Divers
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
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 |
560,735 |
376.6 % |
117,647 |
57.2 % |
74,828 |
|
|
Gross |
CF |
560,735 |
376.6 % |
117,647 |
57.2 % |
74,828 |
|
|
Amortisation |
CG |
0 |
0% |
0 |
0% |
0 |
|
|
Sub Total Divers
|
Net |
560,735 |
376.6 % |
117,647 |
57.2 % |
74,828 |
Prepaid expenses
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Prepaid expenses
|
Net |
38,133 |
-97.7 % |
1,626,984 |
3114.2 % |
50,618 |
|
|
Gross |
CH |
38,133 |
-97.7 % |
1,626,984 |
3114.2 % |
50,618 |
|
|
Amortisation |
CI |
0 |
0% |
0 |
0% |
0 |
Equalization accounts (IV to VI)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Multi-period
charges |
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
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Due within one
year |
CP |
0 |
0% |
0 |
0% |
0 |
|
|
Due after one
year |
CR |
0 |
0% |
0 |
0% |
0 |
Accounts - Passive
Grand Total - Passive Accounts (I to V)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Grand Total (I
to V) |
EE |
16,480,654 |
-7.0 % |
17,712,362 |
13.2 % |
15,641,404 |
Shareholder Equity (I)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total
shareholders' equity (Total I) |
DL |
1,666,237 |
6.6 % |
1,562,409 |
1.9 % |
1,532,850 |
|
|
Equity and shareholders'
equity |
DA |
1,435,030 |
0% |
1,435,030 |
0% |
1,435,030 |
|
|
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 |
21,319 |
0% |
21,319 |
0% |
21,319 |
|
|
Statutory or
contractual reserve |
DE |
0 |
0% |
0 |
0% |
0 |
|
|
Special
regulated reserves |
DF |
0 |
0% |
0 |
0% |
0 |
|
|
Of which special
reserve of provisions for current fluctuation |
B1 |
0 |
0% |
0 |
0% |
0 |
|
|
Other reserves |
DG |
147,418 |
0% |
147,418 |
0% |
147,418 |
|
|
Of which reserve
for buying originals works from alive artists |
EJ |
0 |
0% |
0 |
0% |
0 |
|
|
Profits or
losses brought forward |
DH |
-41,358 |
59.0 % |
-100,891 |
25.6 % |
-135,628 |
|
|
Profit or loss
for the period |
DI |
103,827 |
74.4 % |
59,533 |
71.4 % |
34,737 |
|
|
Investment
grants |
DJ |
0 |
0% |
0 |
0% |
29,974 |
|
|
Special
tax-allowable reserves |
DK |
0 |
0% |
0 |
0% |
0 |
Other capital resources (II)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total other
capital resources (Total II) |
DO |
828,000 |
-19.5 % |
1,028,000 |
0% |
1,028,000 |
|
|
Income from
participating securities |
DM |
828,000 |
-19.5 % |
1,028,000 |
0% |
1,028,000 |
|
|
Conditional
loans |
DN |
0 |
0% |
0 |
0% |
0 |
Provisions for risks and charges (III)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total provisions
for risks and charges (Total III) |
DR |
0 |
0% |
0 |
0% |
0 |
|
|
Risk provisions |
DP |
0 |
0% |
0 |
0% |
0 |
|
|
Reserves for
charges |
DQ |
0 |
0% |
0 |
0% |
0 |
Liabilities (IV)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total
Liabilities (Total IV) |
EC |
13,986,418 |
-7.5 % |
15,121,953 |
15.6 % |
13,080,558 |
|
|
Convertible
debentures |
DS |
0 |
0% |
0 |
0% |
0 |
|
|
Other debentures
|
DT |
0 |
0% |
0 |
0% |
0 |
|
|
Bank loans and
liabilities |
DU |
9,700,340 |
6.9 % |
9,076,410 |
0.8 % |
9,000,882 |
|
|
Sundry loans and
financial liabilities |
DV |
262,568 |
319.5 % |
62,594 |
-3.2 % |
64,666 |
|
|
Of which
participating loans |
EI |
0 |
0% |
0 |
0% |
0 |
|
|
Advance payments
received for current orders |
DW |
0 |
0% |
0 |
0% |
0 |
|
|
Trade accounts
payables |
DX |
3,717,937 |
-6.6 % |
3,980,197 |
87.2 % |
2,126,439 |
|
|
Tax and social
security liabilities |
DY |
212,275 |
-17.5 % |
257,204 |
37.8 % |
186,593 |
|
|
Fixed asset
liabilities |
DZ |
0 |
0% |
0 |
0% |
0 |
|
|
Other debts |
EA |
93,297 |
-94.7 % |
1,745,548 |
2.6 % |
1,701,978 |
Translation loss (V)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Translation loss
(Total V) |
ED |
0 |
0% |
0 |
0% |
0 |
Equalization accounts
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Deferred income |
EB |
0 |
0% |
0 |
0% |
0 |
References
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Of which
tax-allowable reserve |
EF |
0 |
0% |
0 |
0% |
0 |
|
|
Deferred income
and liabilities |
EG |
13,800,302 |
0% |
0 |
0% |
0 |
|
|
Of which current
bank facilities |
EH |
9,404,461 |
0% |
0 |
0% |
0 |
Result account
1 - Operating result (I-II)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Operating result
(Total I-II) |
GG |
171,945 |
-39.9 % |
286,140 |
-14.3 % |
333,857 |
2 - Financial result (V-VI)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Financial result
(Total V-VI) |
GV |
-55,119 |
75.0 % |
-220,277 |
31.6 % |
-321,902 |
3 - Pre-tax net operating income result (I to VI)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Pre-tax net
operating income (Total I-II+II-IV+V-VI) |
GW |
116,826 |
77.4 % |
65,863 |
450.9 % |
11,955 |
4 - Extraordinary result (VII-VIII)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Extraordinary
result (Total VII-VIII) |
HI |
22,505 |
69.5 % |
13,276 |
-63.7 % |
36,555 |
Profit or loss
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Profit or loss |
HN |
103,827 |
74.4 % |
59,533 |
71.4 % |
34,737 |
Total Income (I+III+V+VII)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total Income
(Total I+III+V+VII) |
HL |
22,824,923 |
12.2 % |
20,346,313 |
42.2 % |
14,309,087 |
Total Charges (Total II+IV+VI+VIII+IX+X)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total Charges
(Total II+IV+VI+VIII+IX+X) |
HM |
22,721,095 |
12.0 % |
20,286,778 |
42.1 % |
14,274,351 |
Operating income (I)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total operating
income (Total I) |
FR |
22,203,765 |
11.3 % |
19,953,003 |
41.9 % |
14,065,462 |
Operating income (details)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Sale of goods
for resale |
FC |
1,379,944 |
33.1 % |
1,036,787 |
-34.3 % |
1,576,892 |
|
|
France |
FA |
1,365,443 |
31.8 % |
1,035,731 |
-33.9 % |
1,566,460 |
|
|
Export |
FB |
14,501 |
1273.2 % |
1,056 |
-89.9 % |
10,432 |
|
|
Sale of goods
produced |
FF |
20,341,895 |
8.3 % |
18,782,704 |
55.7 % |
12,061,739 |
|
|
France |
FD |
9,380,704 |
5.2 % |
8,918,463 |
35.2 % |
6,594,201 |
|
|
Export |
FE |
10,961,191 |
11.1 % |
9,864,241 |
80.4 % |
5,467,538 |
|
|
Sale of services
|
FI |
356,531 |
-1.2 % |
360,861 |
-32.4 % |
533,434 |
|
|
France |
FG |
356,531 |
-1.2 % |
360,861 |
-32.3 % |
532,765 |
|
|
Export |
FH |
0 |
0% |
0 |
0% |
669 |
|
|
Net turnover |
FL |
22,078,369 |
9.4 % |
20,180,352 |
42.4 % |
14,172,065 |
|
|
France |
FJ |
11,102,678 |
7.6 % |
10,315,055 |
18.7 % |
8,693,426 |
|
|
Export |
FK |
10,975,692 |
11.3 % |
9,865,297 |
80.1 % |
5,478,639 |
|
|
Stocked
production |
FM |
118,283 |
150.2 % |
-235,570 |
-83.0 % |
-128,752 |
|
|
Self-constructed
assets |
FN |
0 |
0% |
0 |
0% |
0 |
|
|
Operating grants
|
FO |
0 |
0% |
0 |
0% |
0 |
|
|
Release of
reserves and provisions |
FP |
7,087 |
-12.8 % |
8,124 |
-63.3 % |
22,122 |
|
|
Other income |
FQ |
27 |
-72.2 % |
97 |
259.3 % |
27 |
Operating charges (II)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total operating
charges (Total II) |
GF |
22,031,820 |
12.0 % |
19,666,863 |
43.2 % |
13,731,605 |
Exploitation charges
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Purchase of
goods for resale |
FS |
1,216,446 |
23.0 % |
988,651 |
-21.9 % |
1,266,458 |
|
|
Change in stocks
of goods for resale |
FT |
-23,986 |
3.4 % |
-24,827 |
-83.2 % |
-13,555 |
|
|
Purchase of raw
materials |
FU |
18,073,192 |
20.3 % |
15,017,379 |
32.7 % |
11,314,713 |
|
|
Change in stocks
of raw materials |
FV |
-1,987,353 |
-139.6 % |
-829,586 |
67.4 % |
-2,543,561 |
|
|
Other external purchases
and charges |
FW |
3,381,217 |
12.5 % |
3,006,568 |
30.0 % |
2,313,428 |
|
|
Tax, duty and
similar payments |
FX |
160,348 |
-6.1 % |
170,718 |
-10.8 % |
191,479 |
|
|
Payroll |
FY |
559,031 |
0.1 % |
558,262 |
10.0 % |
507,582 |
|
|
Social security
costs |
FZ |
184,534 |
-3.8 % |
191,748 |
32.8 % |
144,406 |
Depreciation
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Depreciation of
fixed assets |
GA |
341,271 |
-27.7 % |
472,005 |
7.1 % |
440,790 |
|
|
Amortisation of
fixed assets |
GB |
0 |
0% |
0 |
0% |
0 |
|
|
Depreciation/amortisation
of current assets |
GC |
109,449 |
-2.9 % |
112,724 |
4.4 % |
108,002 |
|
|
Provisions for
risks and charges |
GD |
0 |
0% |
0 |
0% |
0 |
Other charges
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Other charges |
GE |
17,671 |
448.6 % |
3,221 |
72.9 % |
1,863 |
Operating charges (III-IV)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Share of
joint-venture transferred to other partner(s) (Total III) |
GH |
0 |
0% |
0 |
0% |
0 |
|
|
Share of joint
venture transferred from other partner(s) (Total IV) |
GI |
0 |
0% |
0 |
0% |
0 |
Financial income (V)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total financial
income (Total V) |
GP |
437,946 |
31.6 % |
332,718 |
62.3 % |
205,033 |
|
|
Share financial
income |
GJ |
0 |
0% |
0 |
0% |
0 |
|
|
Other investment
income & capitalised receivables |
GK |
209,167 |
0% |
0 |
0% |
0 |
|
|
Other interest
and similar income |
GL |
6,419 |
-22.6 % |
8,289 |
-74.3 % |
32,229 |
|
|
Released
provisions and transferred charges |
GM |
0 |
0% |
0 |
0% |
0 |
|
|
Exchange gains |
GN |
222,360 |
-31.5 % |
324,429 |
87.7 % |
172,804 |
|
|
Net income from
disposal of investment securities |
GO |
0 |
0% |
0 |
0% |
0 |
Financial charge (VI)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total financial
charge (Total VI) |
GU |
493,065 |
-10.8 % |
552,995 |
4.9 % |
526,935 |
|
|
Financial
reserves and provisions |
GQ |
0 |
0% |
0 |
0% |
0 |
|
|
Interest and
similar charges |
GR |
254,164 |
-15.1 % |
299,303 |
17.3 % |
255,069 |
|
|
Exchange losses |
GS |
238,901 |
-5.8 % |
253,692 |
-6.7 % |
271,866 |
|
|
Net loss from
disposal of investment securities |
GT |
0 |
0% |
0 |
0% |
0 |
Extraordinary income (VII)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total extraordinary
income (Total VII) |
HD |
183,211 |
202.4 % |
60,592 |
57.0 % |
38,592 |
|
|
Extraordinary
operating income |
HA |
32,811 |
76.2 % |
18,618 |
116.0 % |
8,618 |
|
|
Extraordinary
income from capital transactions |
HB |
150,400 |
258.3 % |
41,974 |
40.0 % |
29,974 |
|
|
Released
provisions and transferred charges |
HC |
0 |
0% |
0 |
0% |
0 |
Extraordinary charges (VIII)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total extraordinary
charges (Total VIII) |
HH |
160,706 |
239.6 % |
47,316 |
2222.8 % |
2,037 |
|
|
Extraordinary
operating charges |
HE |
11,972 |
0% |
0 |
0% |
2,037 |
|
|
Extraordinary
charges from capital transactions |
HF |
148,735 |
214.3 % |
47,316 |
0% |
0 |
|
|
Extraordinary
reserves and provisions |
HG |
0 |
0% |
0 |
0% |
0 |
Employee profit sharing (IX)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Employee profit
sharing (Total IX) |
HJ |
0 |
0% |
0 |
0% |
0 |
Tax on profits (X)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Tax on profits
(Total X) |
HK |
35,504 |
81.1 % |
19,604 |
42.3 % |
13,774 |
References
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Of which
equipment leases |
HP |
66,217 |
0% |
0 |
0% |
41,463 |
|
|
Of which
property leases |
HQ |
0 |
0% |
0 |
0% |
0 |
|
|
Of which
transferred charges |
A1 |
7,087 |
0% |
0 |
0% |
22,122 |
|
|
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 |
17,642 |
0% |
0 |
0% |
1,809 |
Other incomes tax return forms
Fixed Assets
Grand Total Fixed Assets (I to IV)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Gross value at
begin of period |
OG |
0 |
0% |
0 |
0% |
0 |
|
|
Increasess due
to revaluation |
OH |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess,
acquisitions, creations, contributions |
OJ |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
budget item transfer |
OK1 |
22,551 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
transfers |
OK2 |
152,655 |
-71.9 % |
544,061 |
787.8 % |
61,285 |
|
|
Gross value at
the end of period |
OL |
6,370,385 |
-0.9 % |
6,426,214 |
0.3 % |
6,403,955 |
Research and development Charge (Total I)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Gross value at begin
of period |
CZ |
0 |
0% |
0 |
0% |
0 |
|
|
Increasess due
to revaluation |
KB |
0 |
0% |
0 |
0% |
0 |
|
|
Increasess,
acquisitions, creations, contributions |
KC |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
budget item transfer |
CO1 |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
transfers |
CO2 |
0 |
0% |
0 |
0% |
0 |
|
|
Gross value at
the end of period |
DO |
0 |
0% |
0 |
0% |
0 |
Other budget item from Intangible fixed assets (Total
II)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Gross value at
begin of period |
KD |
2,020 |
-98.2 % |
111,791 |
5434.2 % |
2,020 |
|
|
Increasess due
to revaluation |
KE |
0 |
0% |
0 |
0% |
0 |
|
|
Increasess,
acquisitions, creations, contributions |
KF |
0 |
0% |
0 |
0% |
109,770 |
|
|
Decreasess by
budget item transfer |
LV1 |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
transfers |
LV2 |
0 |
0% |
109,770 |
0% |
0 |
|
|
Gross value at
the end of period |
LW |
2,020 |
0.0 % |
2,021 |
-98.2 % |
111,790 |
Tangible fixed assets (Total III)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Gross value at
begin of period |
LN |
6,081,376 |
2.1 % |
5,954,848 |
3.8 % |
5,737,615 |
|
|
Increasess due
to revaluation |
LO |
0 |
0% |
0 |
0% |
0 |
|
|
Increasess,
acquisitions, creations, contributions |
LP |
119,377 |
-73.5 % |
451,059 |
107.6 % |
217,233 |
|
|
Decreasess by
budget item transfer |
NG1 |
22,551 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
transfers |
NG2 |
57,255 |
-86.8 % |
434,291 |
0% |
0 |
|
|
Gross value at
the end of period |
NH |
6,120,948 |
0.7 % |
6,081,376 |
2.1 % |
5,954,848 |
Financial assets (Total IV)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Gross value at begin
of period |
LQ |
342,817 |
1.6 % |
337,317 |
-15.4 % |
398,602 |
|
|
Increasess due
to revaluation |
LR |
0 |
0% |
0 |
0% |
0 |
|
|
Increasess,
acquisitions, creations, contributions |
LS |
0 |
0% |
5,500 |
0% |
0 |
|
|
Decreasess by budget
item transfer |
NJ1 |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
transfers |
NJ2 |
95,400 |
0% |
0 |
0% |
61,285 |
|
|
Gross value at
the end of period |
NK |
247,417 |
-27.8 % |
342,817 |
1.6 % |
337,317 |
Reserve for depreciation
Situation and movement of reserve for depreciation -
Grand total (I-II-III)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Reserve for
depreciation value at begin of period |
ON |
0 |
0% |
0 |
0% |
0 |
|
|
Increases |
OP |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess |
OQ |
0 |
0% |
0 |
0% |
0 |
|
|
Reserve for
depreciation value at the end of period |
OR |
0 |
0% |
0 |
0% |
0 |
Research and development charge (Total I)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Reserve for
depreciation value at begin of period |
CY |
0 |
0% |
0 |
0% |
0 |
|
|
Increases |
PB |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess |
PC |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
budget item transfer |
PD |
0 |
0% |
0 |
0% |
0 |
Other intangible assets (Total II)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Reserve for
depreciation value at begin of period |
PE |
2,020 |
0.0 % |
2,019 |
13.4 % |
1,780 |
|
|
Increases |
PF |
0 |
0% |
0 |
0% |
239 |
|
|
Decreasess |
PG |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
budget item transfer |
PH |
2,020 |
0.0 % |
2,019 |
0% |
2,019 |
Total fixed assets amotisation (Total III)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Reserve for
depreciation value at begin of period |
QU |
3,809,873 |
9.9 % |
3,466,146 |
14.6 % |
3,025,595 |
|
|
Increases |
QV |
341,271 |
-27.7 % |
472,006 |
7.1 % |
440,551 |
|
|
Decreases |
QW |
3,920 |
-96.9 % |
128,279 |
0% |
0 |
|
|
Decreasess by
budget item transfer |
QX |
4,147,224 |
8.9 % |
3,809,873 |
9.9 % |
3,466,146 |
Movements during period affecting charge allocated
over several period
Deferred charges and debt issuance costs
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Gross value at
begin of period |
Z91 |
0 |
0% |
0 |
0% |
0 |
|
|
Increases |
Z92 |
0 |
0% |
0 |
0% |
0 |
|
|
Depreciation of
fixed assets during period |
Z9 |
0 |
0% |
0 |
0% |
0 |
|
|
Decreasess by
budget item transfer |
B1 |
0 |
0% |
0 |
0% |
0 |
Premium refund of obligations
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Net value at
begin of period |
SP1 |
0 |
0% |
0 |
0% |
0 |
|
|
Increases |
SP2 |
0 |
0% |
0 |
0% |
0 |
|
|
Depreciation of
fixed assets during period |
SP |
0 |
0% |
0 |
0% |
0 |
|
|
Net value at the
end of period |
SR |
0 |
0% |
0 |
0% |
0 |
Provisions included in balance sheet
Grand Total (I-II-III)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Value at
begining of period |
7C |
444,845 |
0% |
0 |
0% |
0 |
|
|
Increases |
UB |
0 |
0% |
0 |
0% |
0 |
|
|
Decreases |
UC |
0 |
0% |
0 |
0% |
0 |
|
|
Value at the end
of period |
UD |
444,845 |
0% |
0 |
0% |
0 |
Includes Total allocations
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Operating |
UE |
0 |
0% |
0 |
0% |
0 |
|
|
Financial |
UG |
0 |
0% |
0 |
0% |
0 |
|
|
Exceptional |
UJ |
0 |
0% |
0 |
0% |
0 |
Includes Total Withdrawal
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Operating |
UF |
0 |
0% |
0 |
0% |
0 |
|
|
Financial |
UH |
0 |
0% |
0 |
0% |
0 |
|
|
Exceptional |
UK |
0 |
0% |
0 |
0% |
0 |
Total regulated provisions (Total I)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Value at
begining of period |
3Z |
0 |
0% |
0 |
0% |
0 |
|
|
Increases |
TS |
0 |
0% |
0 |
0% |
0 |
|
|
Decreases |
TT |
0 |
0% |
0 |
0% |
0 |
|
|
Value at the end
of period |
TU |
0 |
0% |
0 |
0% |
0 |
Total risk and charge provisions (Total II)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Value at
begining of period |
5Z |
0 |
0% |
0 |
0% |
0 |
|
|
Increases |
TV |
0 |
0% |
0 |
0% |
0 |
|
|
Decreases |
TW |
0 |
0% |
0 |
0% |
0 |
|
|
Value at the end
of period |
TX |
0 |
0% |
0 |
0% |
0 |
Total Provision for depreciation (Total III)
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Value at
begining of period |
7B |
444,845 |
0% |
0 |
0% |
0 |
|
|
Increases |
TY |
0 |
0% |
0 |
0% |
0 |
|
|
Decreases |
TZ |
0 |
0% |
0 |
0% |
0 |
|
|
Value at the end
of period |
UA |
444,845 |
0% |
0 |
0% |
0 |
State deadlines claims and debts at the end of period
State claims
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Gross value |
VT |
3,695,221 |
-47.2 % |
6,997,008 |
35.9 % |
5,148,021 |
|
|
1 year at most |
VU |
3,478,069 |
-48.7 % |
6,779,856 |
37.3 % |
4,936,369 |
|
|
More than one
year |
VV |
217,152 |
0% |
217,152 |
2.6 % |
211,652 |
State of loans
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Claims related to
holdings (gross) |
UL |
124,027 |
0% |
0 |
0% |
0 |
|
|
Claims related
to shareholdings (1 year at most) |
UM |
0 |
0% |
0 |
0% |
0 |
|
|
Loans (gross) |
UP |
0 |
0% |
0 |
0% |
0 |
|
|
Loans (1 year at
most) |
UR |
0 |
0% |
0 |
0% |
0 |
|
|
Other financial
assets (gross) |
UT |
93,125 |
-57.1 % |
217,152 |
2.6 % |
211,652 |
|
|
Other financial
assets (1 year at most) |
UV |
0 |
0% |
0 |
0% |
0 |
Receivables statement of assets
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Customers
doubtful or disputed |
VA |
0 |
0% |
0 |
0% |
0 |
|
|
Other claims
customer |
UX |
2,176,916 |
0% |
0 |
0% |
0 |
|
|
Receivables
represent Loaned Securities |
UU |
0 |
0% |
0 |
0% |
0 |
|
|
Provision for
depreciation previously established |
UQ |
0 |
0% |
0 |
0% |
0 |
|
|
Personnel and
associated accounts |
UY |
0 |
0% |
0 |
0% |
0 |
|
|
Social Security
and other social organizations |
UZ |
0 |
0% |
0 |
0% |
0 |
|
|
Income taxes |
VM |
0 |
0% |
0 |
0% |
0 |
|
|
Value added tax |
VB |
0 |
0% |
0 |
0% |
0 |
|
|
Other taxes and
payments assimilated |
VN |
0 |
0% |
0 |
0% |
0 |
|
|
State and other
public - Miscellaneous |
VP |
1,263,020 |
0% |
0 |
0% |
0 |
|
|
Group and
Associates |
VC |
0 |
0% |
0 |
0% |
0 |
|
|
Accounts
receivable (including claims relating to the operation of pension titles) |
VR |
0 |
0% |
0 |
0% |
4,936,370 |
Prepaid
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Prepaid |
VS |
38,133 |
-99.4 % |
6,779,857 |
0% |
0 |
State Debt
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Total debt
(gross) |
VY |
13,986,418 |
-7.5 % |
15,121,953 |
15.6 % |
13,080,555 |
|
|
1 year at most |
VZ2 |
13,800,302 |
-6.9 % |
14,826,495 |
16.3 % |
12,753,771 |
|
|
More than 1 year
and 5 years at most |
VZ3 |
119,565 |
-42.1 % |
206,399 |
-24.5 % |
273,203 |
|
|
More than 5
years |
VZ4 |
66,551 |
-25.3 % |
89,059 |
66.2 % |
53,581 |
Details
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Convertible
bonds (gross) |
7Y1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
7Y2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
7Y3 |
0 |
0% |
0 |
0% |
0 |
|
|
Other bonds
(gross) |
7Z1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
7Z2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
7Z3 |
0 |
0% |
0 |
0% |
0 |
|
|
Borrowing &
debts to 1 year maximum at the origin (gross) |
VG1 |
9,700,341 |
0% |
0 |
0% |
9,000,878 |
|
|
1 year at most |
VG2 |
9,514,225 |
0% |
0 |
0% |
8,674,094 |
|
|
More than 1 year
and 5 years at most |
VG3 |
119,565 |
0% |
0 |
0% |
273,203 |
|
|
Borrowing & debts
to more than 1 year at the origin (gross) |
VH1 |
0 |
0% |
9,076,410 |
0% |
0 |
|
|
1 year at most |
VH2 |
0 |
0% |
8,780,952 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
VH3 |
0 |
0% |
206,399 |
0% |
0 |
|
|
Loans and various
financial liabilities (gross) |
8A1 |
262,568 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
8A2 |
262,568 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
8A3 |
0 |
0% |
0 |
0% |
0 |
|
|
Suppliers and associated
accounts (gross) |
8B1 |
3,717,937 |
-6.6 % |
3,980,197 |
87.2 % |
2,126,439 |
|
|
1 year at most |
8B2 |
3,717,937 |
-6.6 % |
3,980,197 |
87.2 % |
2,126,439 |
|
|
More than 1 year
and 5 years at most |
8B3 |
3,717,937 |
-6.6 % |
3,980,197 |
87.2 % |
2,126,439 |
|
|
Personnel and
associated accounts (gross) |
8C1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
8C2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
8C3 |
0 |
0% |
0 |
0% |
0 |
|
|
Social Security
and other social organizations (gross) |
8D1 |
212,275 |
-17.5 % |
257,204 |
37.8 % |
186,594 |
|
|
1 year at most |
8D2 |
212,275 |
-17.5 % |
257,204 |
37.8 % |
186,594 |
|
|
More than 1 year
and 5 years at most |
8D3 |
0 |
0% |
0 |
0% |
0 |
|
|
Taxes on profits
(gross) |
8E1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
8E2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
8E3 |
0 |
0% |
0 |
0% |
0 |
|
|
VAT (Gross) |
VW1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
VW2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
VW3 |
0 |
0% |
0 |
0% |
0 |
|
|
Backed
Obligations (gross) |
VX1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
VX2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
VX3 |
0 |
0% |
0 |
0% |
0 |
|
|
Other taxes and
assimilated (gross) |
VQ1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
VQ2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
VQ3 |
0 |
0% |
0 |
0% |
0 |
|
|
Assets and
liabilities associated accounts (gross) |
8J1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
8J2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
8J3 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 5
years |
8J4 |
0 |
0% |
0 |
0% |
0 |
|
|
Groups and
associates (gross) |
VI1 |
0 |
0% |
0 |
0% |
0 |
|
|
1 year at most |
VI2 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 1 year
and 5 years at most |
VI3 |
0 |
0% |
0 |
0% |
0 |
|
|
More than 5
years |
V14 |
0 |
0% |
0 |
0% |
0 |
|
|
Other
liabilities (gross) |
8K1 |
93,297 |
-94.8 % |
1,808,142 |
2.3 % |
1,766,643 |
|
|
1 year at most |
8K2 |
93,297 |
-94.8 % |
1,808,142 |
2.3 % |
1,766,643 |
|
|
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
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Loans made
during the period |
VJ |
0 |
0% |
0 |
0% |
0 |
|
|
Debt repaid
during the period |
VK |
0 |
0% |
0 |
0% |
0 |
Table allocation results and other information
Dividends distributed
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Dividends |
ZE |
0 |
0% |
0 |
0% |
0 |
Commitments
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Commitments
leasing furniture |
YQ |
0 |
0% |
0 |
0% |
0 |
|
|
Commitments Real
Estate Leasing |
YR |
0 |
0% |
0 |
0% |
0 |
|
|
Effects brought
to the discount and unmatured |
YS |
0 |
0% |
0 |
0% |
0 |
Other charges Externes
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Subcontracting |
YT |
0 |
0% |
0 |
0% |
0 |
|
|
Rentals, rental
charges and condominiums |
XQ |
0 |
0% |
0 |
0% |
0 |
|
|
Staff outside
the company |
YU |
0 |
0% |
0 |
0% |
0 |
|
|
Remuneration
intermediaries and fees (excluding fees) |
SS |
0 |
0% |
0 |
0% |
0 |
|
|
Fees,
commissions and brokerage |
YV |
0 |
0% |
0 |
0% |
0 |
|
|
Other accounts |
ST |
0 |
0% |
0 |
0% |
0 |
|
|
Total Other
purchases and external |
ZJ |
0 |
0% |
0 |
0% |
0 |
Taxes and Fees
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Business tax |
YW |
0 |
0% |
0 |
0% |
0 |
|
|
Other taxes and
payments assimilated |
9Z |
0 |
0% |
0 |
0% |
0 |
|
|
Total taxes and
fees |
YX |
0 |
0% |
0 |
0% |
0 |
VAT
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Amount VAT
collected |
YY |
0 |
0% |
0 |
0% |
0 |
|
|
Total VAT on
goods and services |
YZ |
0 |
0% |
0 |
0% |
0 |
Average number of employees
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Average number
of employees |
YP |
0 |
0% |
0 |
0% |
0 |
Groups and Shareholders
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
|||
|
Groups and
Shareholders |
ZR |
0 |
- |
- |
- |
- |
Ratios
Structure and Liquidity
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Fixed Asset
Financing |
1.13 |
-53.3 % |
2.42 |
2.5 % |
2.36 |
1.13 |
0% |
||
|
Global Debt |
228 days |
-15.6 % |
270 days |
-18.7 % |
332 days |
137 days |
66.4 % |
||
|
Working Capital
Fund overall net |
14 days |
-91.4 % |
163 days |
-26.2 % |
221 days |
62 days |
-77.4 % |
||
|
Financial
independence |
16.72 % |
-2.2 % |
17.10 % |
1.1 % |
16.91 % |
107.37 % |
-84.4 % |
||
|
Solvability |
15.13 % |
3.5 % |
14.62 % |
-10.7 % |
16.37 % |
31.42 % |
-51.8 % |
||
|
Capacity debt
futures |
17.08 % |
-4.0 % |
17.79 % |
7.0 % |
16.62 % |
243.38 % |
-93.0 % |
||
|
Coverage of current
assets by net working capital overall |
5.67 % |
-91.4 % |
66.02 % |
-2.2 % |
67.49 % |
29.52 % |
-80.8 % |
||
|
General
Liquidity |
0.25 |
-45.7 % |
0.46 |
17.9 % |
0.39 |
0.62 |
-59.7 % |
||
|
Restricted
Liquidity |
0.29 |
-38.3 % |
0.47 |
20.5 % |
0.39 |
0.84 |
-65.5 % |
||
Management or rotation
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Need background
in operating working capital |
157 days |
19.8 % |
131 days |
-39.9 % |
218 days |
41 days |
282.9 % |
||
|
Treasury |
-144 days |
-7300.0 % |
2 days |
0% |
2 days |
1 days |
-14500.0 % |
||
|
Inventory
turnover of goods |
34 days |
0% |
34 days |
78.9 % |
19 days |
26 days |
33.3 % |
||
|
Average length of
credit granted to customers |
36 days |
-50.0 % |
72 days |
-25.8 % |
97 days |
46 days |
-21.7 % |
||
|
Average length
of credit obtained suppliers |
65 days |
-17.7 % |
79 days |
27.4 % |
62 days |
57 days |
14.0 % |
||
|
Inventory turnover
of raw materials in industrial enterprises |
180 days |
5.9 % |
170 days |
-14.1 % |
198 days |
28 days |
542.9 % |
||
|
Inventory
turnover of intermediate and finished products in the industrial enterprise |
361 days |
8.7 % |
332 days |
39.5 % |
238 days |
245 days |
47.3 % |
||
|
Rotation
tangible assets |
360.70 % |
8.7 % |
331.84 % |
39.4 % |
237.99 % |
234.05 % |
54.1 % |
||
Profitability of the business
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Margin trading |
0.85 % |
136.1 % |
0.36 % |
-84.3 % |
2.29 % |
0.00 % |
0% |
||
|
Profitability of
the business |
2.87 % |
-33.1 % |
4.29 % |
-29.4 % |
6.08 % |
5.44 % |
-47.2 % |
||
|
Net profit |
0.47 % |
56.7 % |
0.30 % |
20.0 % |
0.25 % |
1.17 % |
-59.8 % |
||
|
Growth rate of
turnover (excluding VAT) |
9.41 % |
-77.8 % |
42.40 % |
249.3 % |
-28.39 % |
-3.92 % |
340.1 % |
||
|
Rates
integration |
6.96 % |
-21.4 % |
8.85 % |
-26.5 % |
12.04 % |
15.33 % |
-54.6 % |
||
|
Rate leasing
furniture |
0.30 % |
0% |
0.00 % |
0% |
0.29 % |
0.00 % |
0% |
||
|
Work Factor |
48.37 % |
15.2 % |
41.98 % |
9.8 % |
38.22 % |
48.37 % |
0% |
||
|
Weight interests
|
2.23 % |
-18.6 % |
2.74 % |
-26.3 % |
3.72 % |
0.81 % |
175.3 % |
||
Return on capital
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Cash flow from
the overall profitability |
2.01 % |
-24.4 % |
2.66 % |
-15.3 % |
3.14 % |
5.17 % |
-61.1 % |
||
|
Rates of
economic profitability |
5.00 % |
-28.6 % |
7.00 % |
0% |
7.00 % |
11.00 % |
-54.5 % |
||
|
Financial
profitability |
2,494,237.00 % |
-3.7 % |
2,590,409.00 % |
1.2 % |
2,560,850.00 % |
2,494,237.00 % |
0% |
||
|
Return on
investment |
4.79 % |
-8.2 % |
5.22 % |
8.1 % |
4.83 % |
8.22 % |
-41.7 % |
||
Management intermediate balances
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
|||||||||||||
|
Turnover |
22,078,369 |
9.4 % |
20,180,352 |
42.4 % |
14,172,065 |
10,722,265 |
105.9 % |
|||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
|||||||||||||
|
Sales of goods |
1,379,944 |
33.1 % |
1,036,787 |
-34.3 % |
1,576,892 |
- |
||||||||||||
|
- Purchase of
goods |
1,216,446 |
23.0 % |
988,651 |
-21.9 % |
1,266,458 |
- |
||||||||||||
|
+/- Stock of
goods variation |
-23,986 |
3.4 % |
-24,827 |
-83.2 % |
-13,555 |
- |
||||||||||||
|
Trading margin |
187,484 € |
157.0 % |
72,963 € |
-77.5 % |
323,989 € |
0 € |
0% |
|||||||||||
|
0.85 % CA |
136.1 % |
0.36 % CA |
-84.3 % |
2.29 % CA |
0.01 % CA |
8400.0 % |
||||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||||||||||
|
Sale of goods
produced |
20,698,426 |
8.1 % |
19,143,565 |
52.0 % |
12,595,173 |
- |
|||||||||||
|
+/- Stocked
production |
118,283 |
150.2 % |
-235,570 |
-83.0 % |
-128,752 |
- |
|||||||||||
|
+
Self-constructed assets |
0 |
0% |
0 |
0% |
0 |
- |
|||||||||||
|
Period
production |
20,816,709 € |
10.1 % |
18,907,995 € |
51.7 % |
12,466,421 € |
7,561,776 € |
175.3 % |
||||||||||
|
94.29 % CA |
0.6 % |
93.70 % CA |
6.5 % |
87.96 % CA |
99.69 % CA |
-5.4 % |
|||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||||||||||
|
Trading margin |
187,484 |
157.0 % |
72,963 |
-77.5 % |
323,989 |
0 |
0% |
||||||||||
|
+ Period
Production |
20,816,709 |
10.1 % |
18,907,995 |
51.7 % |
12,466,421 |
7,561,776 |
175.3 % |
||||||||||
|
- Purchase of
raw materials |
18,073,192 |
20.3 % |
15,017,379 |
32.7 % |
11,314,713 |
- |
|||||||||||
|
+/- Change in
stocks of raw materiels |
-1,987,353 |
-139.6 % |
-829,586 |
67.4 % |
-2,543,561 |
- |
|||||||||||
|
- Other external
purchases and charges |
3,381,217 |
12.5 % |
3,006,568 |
30.0 % |
2,313,428 |
- |
|||||||||||
|
Added value |
1,537,137 € |
-14.0 % |
1,786,597 € |
4.7 % |
1,705,830 € |
1,424,371 € |
7.9 % |
||||||||||
|
6.96 % CA |
-21.4 % |
8.85 % CA |
-26.5 % |
12.04 % CA |
15.33 % CA |
-54.6 % |
|||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
|||||||||||||
|
Added value |
1,537,137 € |
-14.0 % |
1,786,597 € |
4.7 % |
1,705,830 € |
1,424,371 € |
7.9 % |
|||||||||||
|
+ Operating
grants |
0 |
0% |
0 |
0% |
0 |
- |
||||||||||||
|
- Tax, duty and
similar payments |
160,348 |
-6.1 % |
170,718 |
-10.8 % |
191,479 |
- |
||||||||||||
|
- Personal
charges |
743,565 |
-0.9 % |
750,010 |
15.0 % |
651,988 |
- |
||||||||||||
|
Gross operating
surplus |
633,224 € |
-26.9 % |
865,869 € |
0.4 % |
862,363 € |
633,224 € |
0% |
|||||||||||
|
2.87 % CA |
-33.1 % |
4.29 % CA |
-29.4 % |
6.08 % CA |
5.44 % CA |
-47.2 % |
||||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
|||||||||||||
|
Gross operating
surplus |
633,224 € |
-26.9 % |
865,869 € |
0.4 % |
862,363 € |
633,224 € |
0% |
|||||||||||
|
+ Release of
reserves and provisions |
7,087 |
-12.8 % |
8,124 |
-63.3 % |
22,122 |
- |
||||||||||||
|
+ Other operating
income |
27 |
-72.2 % |
97 |
259.3 % |
27 |
- |
||||||||||||
|
- Depreciation/
Amortisation |
450,720 |
-22.9 % |
584,729 |
6.5 % |
548,792 |
- |
||||||||||||
|
- Other charges |
17,671 |
448.6 % |
3,221 |
72.9 % |
1,863 |
- |
||||||||||||
|
Operating result
|
171,947 € |
-39.9 % |
286,140 € |
-14.3 % |
333,857 € |
240,073 € |
-28.4 % |
|||||||||||
|
0.78 % CA |
-45.1 % |
1.42 % CA |
-39.8 % |
2.36 % CA |
2.42 % CA |
-67.8 % |
||||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
|||||||||||||
|
Operating result
|
171,947 € |
-39.9 % |
286,140 € |
-14.3 % |
333,857 € |
240,073 € |
-28.4 % |
|||||||||||
|
+/- Result of joint-venture
transferred from/to other partners |
0 |
0% |
0 |
0% |
0 |
- |
||||||||||||
|
+ Financial
income |
437,946 |
31.6 % |
332,718 |
62.3 % |
205,033 |
- |
||||||||||||
|
- Financial
charges |
493,065 |
-10.8 % |
552,995 |
4.9 % |
526,935 |
- |
||||||||||||
|
Pre-tax result |
116,828 € |
77.4 % |
65,863 € |
450.9 % |
11,955 € |
176,535 € |
-33.8 % |
|||||||||||
|
0.53 % CA |
60.6 % |
0.33 % CA |
312.5 % |
0.08 % CA |
1.68 % CA |
-68.5 % |
||||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
|||||||||||||
|
Extraordinary
income |
183,211 |
202.4 % |
60,592 |
57.0 % |
38,592 |
32,005 |
472.4 % |
|||||||||||
|
- Extraordinary
charges |
160,706 |
239.6 % |
47,316 |
2222.8 % |
2,037 |
- |
||||||||||||
|
Extraordinary
result |
22,505 € |
69.5 % |
13,276 € |
-63.7 % |
36,555 € |
6,188 € |
263.7 % |
|||||||||||
|
0.10 % CA |
42.9 % |
0.07 % CA |
-73.1 % |
0.26 % CA |
0.09 % CA |
11.1 % |
||||||||||||
|
31/08/2014 |
Variation |
31/08/2013 |
Variation |
31/08/2012 |
Sector Median
2014 |
||||
|
Pre-tax result |
116,828 € |
77.4 % |
65,863 € |
450.9 % |
11,955 € |
176,535 € |
-33.8 % |
||
|
Extraordinary
result |
22,505 € |
69.5 % |
13,276 € |
-63.7 % |
36,555 € |
6,188 € |
263.7 % |
||
|
- Employee
profit sharing |
0 |
0% |
0 |
0% |
0 |
- |
|||
|
- Tax on profits
|
35,504 |
81.1 % |
19,604 |
42.3 % |
13,774 |
- |
|||
|
Net result |
103,829 € |
74.4 % |
59,535 € |
71.4 % |
34,736 € |
156,370 € |
-33.6 % |
||
|
0.47 % CA |
56.7 % |
0.30 % CA |
20.0 % |
0.25 % CA |
1.17 % CA |
-59.8 % |
|||
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.74 |
|
|
1 |
Rs.101.36 |
|
Euro |
1 |
Rs.74.27 |
INFORMATION DETAILS
|
Analysis Done by
: |
SUB |
|
|
|
|
Report Prepared
by : |
SDA |
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.