MIRA INFORM REPORT

 

 

Report No. :

339809

Report Date :

09.09.2015

 

IDENTIFICATION DETAILS

 

Name :

KERRY INGREDIENTS FRANCE

 

 

Registered Office :

Kerri Aptunion-Kerry PSF-Kerry Ravifru, 26 Rue Jacques, Revert, 59650, Villeneuve D'ascq

 

 

Country :

France

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

November 1975

 

 

Com. Reg. No.:

305 305 492

 

 

Legal Form :

Simplified Joint Stock Company with Single Associate

 

 

Line of Business :

Subject is engaged in transformation et conservation de fruits

 

 

No. of Employee :

250 to 499 employees (2011)

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

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

 

KERRY INGREDIENTS FRANCE

 

 

Enquiries Trend

 

SIRET

305 305 492 00210

Name

Acronym

-

Trade name

KERRY RAVIFRUIT

Status

Economically active

Postal Address

KERRY INGREDIENTS FRANCE
KERRI APTUNION-KERRY PSF-KERRY RAVIFRU
26 RUE JACQUES PREVERT
59650 VILLENEUVE D'ASCQ

Share Capital

15,238,814 Euros

Incorporiation Date

11/1975

Activity (APE)

Transformation et conservation de fruits (1039B)

RCS Registration

RCS Lille Metropole B 305 305 492

Formation Date

01/1975

EUR VAT Number

FR02305305492

Deregistration Date

-

Last account Date

31/12/2011

Court Registry Number

20 1 2B01806

Telephone

-

Registration Court

Lille Metropole (59)

Fax

-

Nationality

France

 

 

Legal form

Simplified Joint Stock Company with Single Associate

Currency

Euros

 

 

Key Financials

 

Year to date

Turnover

Gross operating surplus

Shareholder's equity

Net result

Employees

31/12/2011

74,492,320 €

1.78% Turnover

9,294,137 €

-419,132 €

250 to 499 employees

31/12/2010

74,032,159 €

-0.94% Turnover

9,868,835 €

-447,897 €

-

31/12/2009

84,498,011 €

-4.39% Turnover

10,441,767 €

-16,592,925 €

-

 

 

Ultimate Holding Company

 

Name

Country

Company Number

KERRY GROUP PLC

IE111471

 

 

Directors

 

Current Directors

1

 

 

Preferential Right

 

Last published Judgment

10/09/2012

 

Last published preferential right

This company is not under monitoring

 

Collection of preferential rights for this company has been stopped by the Court

 

 

Payment Information Summary – Trade Payment Data

 

Total number of Invoices available

66

Total number of Invoices paid within or up to 30 days after the due date

59

Total number of Invoices paid more than 30 days after the dues date

7

Total number of Invoices currently outstanding where the due date has not yet been reached

0

Total number of Invoices currently outstanding beyond the due date

0

 

 

Establishment Details

 

Type of Establishment

Head Office

Production Role

-

APE/NAF Code

4711B

Activity

General food store

Formation Date

08/2012

Reason for Formation

Formation

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

-

Trading Address

26 RUE JACQUES PREVERT
59650 VILLENEUVE D'ASCQ

Department

-

Location Surface

-

District

-

City

VILLENEUVE D'ASCQ

Status

Economically active

Business Pages FT®

-

Region

Nord-Pas-de-Calais

Area

-

Size of Urban Area

-

 

 

Other Establishment(s)

 

Regionality

Legal unit with multiple establishments in many areas having at least 50% of workforce in same area

Mono-activity status

Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 50 to 80% of workforce

Branches

11 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

KERRY INGREDIENTS FRANCE

Head Office

1039B

Transformation et conservation de fruits

VILLENEUVE D'ASCQ

59650

KERRY INGREDIENTS FRANCE

Branch

1039B

Transformation et conservation de fruits

CABRIERES D'AVIGNON

84220

KERRY INGREDIENTS FRANCE

Branch

1039B

Transformation et conservation de fruits

APT

84400

KERRY INGREDIENTS FRANCE

Branch

1039B

Transformation et conservation de fruits

GARGAS

84400

KERRY INGREDIENTS FRANCE

Branch

1039B

Transformation et conservation de fruits

LAGNES

84800

 

 

Workforces

 

Workforce at address

0 employee

Company workforce

250 to 499 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 latest account data is more than 3 years old, this has an impact on the rating. with your latest financial statements if you want the risk score to be recalculated

The return on total assets employed is 0

The stock to turnover ratio is 34.71

The sales to current assets ratio is 1.88

The ratio total assets to total liabilities is 1.10

The pre-tax profit is -419,132 €

The creditor days are 59.46

The company has 1 director(s)

Department code with low risk rating

Industry code with low risk rating

Low risk workforce size

The total assets are 101,322,852 €

The risk provisions are 1,416,579 €

The net turnover is 74,492,320 €

The net current assets are 39,712,730 €

The liabilities are 90,578,470 €

The shareholder's equity is 9,294,137 €

 

 

Industry comparison

 

Activity (APE)

Transformation et conservation de fruits (1039B)

Industry average credit rating

45

Industry average credit limit

12,732

 

 

Collective procedures

 

Courts

No recent judgment publication in court sources for the company

Rncs

No recent judgment publication in rncs sources for the company

Bodacc

 

Judgment

Homologation of Legal Settlement

Effective date

10/09/2012

Court

Avignon

Parution date from Gazette

28/09/2012

Extrait de jugement

Jugement d'homologation de l'accord

Jugement d'homologation de l'accord intervenu dans la procédure de conciliation. Le jugement est déposé au greffe où tout intéressé peut en prendre connaissance.

 

 

Other sources

 

No recent judgment publication in other sources for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

 

Company monitored since

27/05/2008

Monitored stopped since

27/05/2013

Status of Monitoring

Collection of preferential rights for this company has been stopped by the Court

 

 

Group Data

 

Ultimate parent company

KERRY GROUP PLC

Direct parent

KERRY GROUP PLC - 100 %

Group – Number of companies

119

Linkages – Number of companies

83

Number of countries

5

 

 

Name

SIREN

Parts

Last account published

1

KERRY GROUP PUBLIC LIMITED COMPANY

IE111471

-

31/12/2014

2

KERRY INGREDIENTS FRANCE

305305492

100 %

31/12/2011

3

KERRY SAVOURY INGREDIENTS FRANCE

304263940

100 %

31/12/2005

KERRY INGREDIENTS HOLDINGS FRANCE SA

403888720

100 %

31/12/2011

BALLYSIMON WAREHOUSING LIMITED

IE064834

100 %

31/12/2009

CASTLEISLAND CATTLE BREEDING SOCIETY LIMITED

-

100 %

-

CHARLEVILLE RESEARCH LIMITED

IE145872

100 %

31/12/2014

DAWN DAIRIES LIMITED

IE236055

100 %

31/12/2014

DUFFY MEATS LIMITED

IE087159

100 %

31/12/2014

DYNABOO LIMITED

IE443160

100 %

31/12/2014

FAMBEE LIMITED

IE443159

100 %

31/12/2014

SELAMOR LIMITED

IE212317

100 %

31/12/2014

GLENEALY FARMS (TURKEYS) LIMITED

IE039564

100 %

31/12/2014

GOLDEN VALE CLARE LIMITED

-

100 %

-

GOLDEN VALE DAIRIES LIMITED

IE154861

100 %

31/12/2014

GOLDEN VALE FARMS LIMITED

-

100 %

-

GOLDEN VALE FOOD PRODUCTS (SALES) LIMITED

IE103669

100 %

31/12/2003

GOLDEN VALE FOODS

IE158174

100 %

31/12/2006

GOLDEN VALE HOLDINGS LIMITED

IE168178

100 %

31/12/2014

GOLDEN VALE INVESTMENTS LIMITED

IE147684

100 %

31/12/2014

GOLDEN VALE LIMERICK LIMITED

-

100 %

-

GOLDEN VALE LIMITED

IE160955

100 %

31/12/2014

GOLDEN VALE SALES LIMITED

IE070154

100 %

31/12/2006

HENRY DENNY & SONS (IRELAND) LIMITED

IE004131

100 %

31/12/2014

IRISH COLD STORES

IE071640

100 %

31/12/2012

JAVEE LIMITED

IE443158

100 %

31/12/2009

KERRY AGRI BUSINESS HOLDINGS LIMITED

IE196893

100 %

31/12/2014

KERRY AGRI BUSINESS TRADING LIMITED

IE171521

100 %

31/12/2014

KERRY CREAMERIES LIMITED

-

100 %

-

KERRY FARM SUPPLIES LIMITED

IE058571

100 %

31/12/2014

KERRY FOOD INGREDIENTS (CORK) LIMITED

IE290428

100 %

31/12/2014

KERRY GROUP FINANCIAL SERVICES

IE242662

100 %

31/12/2012

ZENBURY INTERNATIONAL LIMITED

IE315603

100 %

31/12/2014

KERRY HOLDINGS (IRELAND) LIMITED

IE087212

100 %

31/12/2014

KERRY INGREDIENTS IRELAND LIMITED

-

100 %

-

KERRY INGREDIENTS TRADING LIMITED

IE158591

100 %

31/12/2013

KERRY TREASURY SERVICES LIMITED

IE079413

100 %

31/12/2014

KERRYKREEM LIMITED

IE134247

100 %

31/12/2014

NATIONAL FOOD INGREDIENTS LIMITED

IE016146

100 %

31/12/2014

NATIONAL RUSKS

IE212380

100 %

31/12/2010

PIXUNDO LIMITED

IE443163

100 %

31/12/2014

PLASSEY HOLDINGS LIMITED

IE134722

100 %

31/12/2014

PLASSEY INVESTMENTS

IE005070

100 %

31/12/2006

PLATTERS FOOD COMPANY LIMITED

IE121226

100 %

31/12/2014

PRINCEMARK HOLDINGS LIMITED

IE300250

100 %

31/12/2014

QUANDU LIMITED

IE443161

100 %

31/12/2014

RYE DEVELOPMENTS LIMITED

IE270582

100 %

31/12/2014

RYE VALLEY FOODS LIMITED

IE115669

100 %

31/12/2014

SNOWCREAM (MIDLANDS) LIMITED

IE016669

100 %

31/12/2014

TRUNDU LIMITED

IE443162

100 %

31/12/2014

WILLIAM BLAKE LIMITED

IE008316

100 %

31/12/2014

HENRY DENNY & SONS (N.I.)LIMITED

NI020307

100 %

31/12/2013

DAIRY PRODUCE PACKERS LIMITED

NI022009

100 %

31/12/2013

GOLDEN COW DAIRIES LIMITED

NI004702

100 %

31/12/2013

GOLDEN VALE (NI) LIMITED

NI023119

100 %

31/12/2013

LECKPATRICK DAIRIES LIMITED

NI022542

100 %

31/12/2013

LECKPATRICK HOLDINGS LIMITED

NI023259

100 %

31/12/2013

DIVERSITY FOODS LIMITED

01132457

100 %

31/12/2013

KERRY FOODS LIMITED

02604258

100 %

31/12/2013

KERRY HOLDINGS (U.K.) LIMITED

01663249

100 %

31/12/2013

KERRY SAVOURY FOODS LIMITED

02594161

100 %

31/12/2013

NOON GROUP LIMITED

03393930

100 %

31/12/2013

KERRY FOODS DISTRIBUTION LIMITED

00514648

100 %

31/12/2013

DAIRYBORN FOODS LIMITED

02476760

100 %

31/12/2013

CEREAL INNOVATIONS LIMITED

04536219

100 %

31/12/2013

DALE COUNTRY FOODS LIMITED

02056175

100 %

31/12/2013

E B I FOODS LIMITED

01828074

100 %

31/12/2013

KERRY INGREDIENTS (UK) LIMITED

00329695

100 %

31/12/2013

KERRY INGREDIENTS HOLDINGS (U.K.) LIMITED

01341723

100 %

31/12/2013

GORDON JOPLING (FOODS) LIMITED

04421360

100 %

31/12/2013

TITUSFIELD LIMITED

01571252

100 %

31/12/2013

GOVA FINANCE B.V.

13037564

100 %

31/12/2008

KERRY GROUP B.V.

24234571

100 %

31/12/2010

KERRY BIO-SCIENCE B.V

-

100 %

-

KERRY INGREDIENTS B.V.

24283044

100 %

-

KERRY FOODS FRANCE

334477163

100 %

31/12/2011

KERRY INGREDIENTS GMBH

HRB 2928

100 %

31/12/2012

KERRY FOODS GMBH

-

100 %

-

KERRY INGREDIENTS DENMARK A/S

-

100 %

-

KERRY INGREDIENTS ITALIA S.P.A

-

100 %

-

MASTERTASTE S.P.A

-

100 %

-

KERRY POLSKA SP. Z.O.O

-

100 %

-

KERRY HUNGARIA KFT

-

100 %

-

KERRY INGREDIENTS AUSTRALIA PTY. LIMITED

-

100 %

-

KERRY INGREDIENTS NZ LIMITED

-

100 %

-

FLAVURENCE CORP

-

100 %

-

GENEVA FLAVORS INC

-

100 %

-

GUERNSEY BEL INC

-

100 %

-

GB SEASONINGS INC

-

100 %

-

KERRY BIOFUNCTIONAL INGREDIENTS INC

-

100 %

-

KERRY HOLDING CO

-

100 %

-

KERRY INC

-

100 %

-

MASTERTASTE HOLDING CO.

-

100 %

-

NUVEX INGREDIENTS, INC

-

100 %

-

HICKORY SPECIALTIES, INC

-

100 %

-

JANA'S CLASSICS

-

100 %

-

OREGON CHAI INC

-

100 %

-

STEARNS & LEHMAN INC

-

100 %

-

PRESCO FOOD SEASONINGS, INC

-

100 %

-

QA PRODUCTS

-

100 %

-

KERRY CANADA INC

-

100 %

-

KERRY QUEBEC INC

-

100 %

-

RECTOR FOODS LIMITED

-

100 %

-

NUTRISENS INC

-

100 %

-

CAN-PAN CANDY INC

-

100 %

-

KERRY INGREDIENTS DE MEXICO S.A. DE C.V

-

100 %

-

KERRY DO BRASIL LTDA

-

100 %

-

KERRY BIO-SCIENCE EGYPT MISR L.L

-

100 %

-

KERRY INGREDIENTS SOUTH AFRICA PTY LIMITED

-

100 %

-

KERRY INGREDIENTS THAILAND LIMITED

-

100 %

-

KERRY FOOD INGREDIENTS PHILIPPINES INC

-

100 %

-

KERRY FOOD INGREDIENTS CEBU INC

-

100 %

-

KERRY INGREDIENTS S PTE LIMITED

-

100 %

-

KERRY INGREDIENTS M SDN. BHD

-

100 %

-

KERRY JAPAN KABUSHIKI KAISHA

-

100 %

-

KERRY FOOD INGREDIENTS HANGZHOU COMPANY LIMITED

-

100 %

-

KERRY INGREDIENTS TRADING SHANGHAI LIMITED

-

100 %

-

KERRY LIMITED LIABILITY COMPANY

-

100 %

-

KERRY EL SALVADOR S.A. DE C.V

-

100 %

-

 

 

Linkages

 

Company Name

Siren

Last Account Published

Turnover

SUCREST GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

HRB 18117

31/12/2012

43,482,056 €

GOLDEN VALE (HOLLAND) B.V.

13033855

31/12/2014

-

JYNESPO LIMITED

IE054747

31/12/2014

0 €

KERRY FOOD GMBH

HRB 7564

31/12/2012

-

SPURWAY FOODS LIMITED

02739017

31/12/2013

18,999,490 £

CREAMLINE PRODUCTS, LIMITED

NI001817

31/12/2013

-

ROLLOVER LIMITED

02606878

31/01/2015

13,298,204 £

NOON PRODUCTS LIMITED

02166664

31/12/2013

199,722,726 £

SPICES NICE LIMITED

NI009078

31/12/2013

2,345,181 £

GOVA HOLDINGS B.V.

13035302

31/12/2014

-

ACCOMMODATION TRALEE LIMITED

IE170502

31/12/2014

0 €

ROLLOVER HOLDINGS LIMITED

05847747

31/01/2015

13,298,204 £

DENNY FOODS LIMITED

IE171614

31/12/2014

0 €

RVF (UK) LIMITED

NI036194

31/12/2013

-

ROLLOVER GROUP LIMITED

05847748

31/01/2015

0 £

HENRY DENNY & SONS,LIMITED

00033524

31/12/2013

-

E M DENNY (HOLDINGS) LIMITED

00207620

31/12/2013

-

ROBIRCH LIMITED

00234897

31/12/2013

-

E.M. DENNY & CO LIMITED

00235401

31/12/2013

-

BLACKMOSS LIMITED

00317472

31/12/2013

-

KERRY FLAVOURS UK LIMITED

00358462

31/12/2013

-

MATTHEWS FOODS LIMITED

00515691

31/12/2013

-

PORTSAIL LIMITED

00639045

31/12/2013

-

MENSTRIE FOODS LIMITED

00874176

31/12/2013

-

KERRY POULTRY (UK) LTD

01010571

31/12/2013

-

KERFIN LIMITED

01465570

31/12/2013

-

GOLDEN VALE DPP LIMITED

01821692

31/12/2013

-

LIASTROP LIMITED

02181349

31/12/2013

-

G.R. SPINKS & COMPANY LIMITED

02231766

31/12/2013

-

GORDON JOPLING (CARLTON) LIMITED

02440554

31/12/2013

-

VOYAGER FOODS (HOLDINGS) LIMITED

02568052

31/12/2013

-

AB COATINGS LIMITED

02981603

31/12/2013

-

GORDON JOPLING (FOOD INGREDIENTS) LIMITED

02984029

31/12/2013

-

VOYAGER FOODS GROUP LIMITED

03191538

31/12/2013

-

MORTON FOODS LIMITED

03597698

31/12/2013

-

YORK DRAGEE HOLDINGS LIMITED

03886910

31/12/2013

-

J. MANHEIMER LIMITED

04556938

31/12/2013

-

SPRING THYME OILS LTD

05015420

31/12/2013

-

INTERFOOD HANDELSGESELLSCHAFT FÜR NAHRUNGSMITTEL MIT BESCHRÄNKTER HAFTUNG

HRB 11674 HL

31/12/2011

-

BALLYFREE FARMS LIMITED

IE014851

31/12/2014

-

NORTH KERRY MILK PRODUCTS LIMITED

IE026497

31/12/2014

-

IVERNIA PIG DEVELOPMENTS LIMITED

IE032293

31/12/2014

-

PUTAXY LIMITED

IE036150

31/12/2014

-

NORTH KERRY MILK EXPORTS LIMITED

IE038272

31/12/2014

-

NEWMARKET MARKETING COMPANY LIMITED

IE057078

31/12/2013

-

LIFESOURCE FOODS RESEARCH LIMITED

IE093628

31/12/2014

-

KERRY GROUP SERVICES LIMITED

IE116550

31/12/2014

-

GROVE FARM LIMITED

IE117001

31/12/2014

-

KERRY INGREDIENTS HOLDINGS (IRELAND) LIMITED

IE128460

31/12/2014

-

RINUS ENTERPRISES LIMITED

IE131115

31/12/2014

-

KERRY INGREDIENTS (IRELAND) LIMITED

IE206782

31/12/2014

-

SUPER CHILL LIMITED

IE220160

31/12/2014

-

BREEO FOODS LIMITED

IE243022

31/12/2014

-

RYE INVESTMENTS LIMITED

IE270583

31/12/2014

-

KERRY GROUP BUSINESS SERVICES LIMITED

IE440514

31/12/2014

-

BREEO ENTERPRISES LIMITED

IE442317

31/12/2014

-

CUARTO LIMITED

IE469222

31/12/2014

-

KERRY INGREDIENTS & FLAVOURS LIMITED

IE471704

31/12/2014

-

TACNA INVESTMENTS LIMITED

IE504470

31/12/2014

-

KERRY GROUP SERVICES INTERNATIONAL LIMITED

IE513657

31/12/2013

-

CARTERET INVESTMENTS

IE521326

31/12/2014

-

GOLDEN VALE FOODS LIMITED

NI003860

31/12/2013

-

ST. BRENDANS IRISH CREAM LIQUEUR COMPANY LIMITED

NI016383

31/12/2013

-

PROVINCIAL BUTCHERS SUPPLIES NI LIMITED

NI022585

31/12/2013

-

ACROSTIC INVESTMENTS LIMITED

NI027729

31/12/2013

-

KERRY (NL) B.V.

33284663

-

-

KERRY NETHERLANDS SERVICES B.V.

59435569

-

-

KERRY INGREDIENTS HOLDING (GERMANY) GMBH

HRB 7566

-

-

STEARNS & LEHMAN, INC

-

-

0 $

KERRY FLAVOR SYSTEMS US, LLC

-

-

722,000 $

KERRY BIO-SCIENCE

-

-

0 $

OREGON CHAI, INC

-

-

4,999,000 $

KERRY SAVORY, INC

-

-

1,402,000 $

MASTERTASTE, INC

-

-

4,284,000 $

X CAFE LLC

-

-

0 $

BIG TRAIN INC

-

-

0 $

INSIGHT BEVERAGES, INC

-

-

0 $

WYNN STARR FLAVORS INC

-

-

0 $

SHEFFIELD BIO-SCIENCE

-

-

35,000,000 $

KERRY HOLDING CO

-

-

0 $

KERRY FINANCE US LLC

-

-

0 $

KERRY BIO-SCIENCE B.V.

-

-

-

NEWMARKET CO-OP CREAMERIES LTD

-

-

-

 

 

Shareholder(s)

 

Name

KERRY INGREDIENTS HOLDINGS FRANCE

Name of representative

Manager position

President

Date of birth

-

Place of birth

Type

Moral person

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

President

KERRY INGEDIENTS HOLDING FRANCE SA

-

President

KERRY INGEDIENTS HOLDING FRANCE SAS

-

President

KERRY INGEDIENTS HOLDING FRANCE

-

President

KERRY INGEDIENTS HOLDING FRANCE SAS

-

 

 

Status history

 

Date

Description

12/09/2012

Economically active

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

20/03/2013

Bodacc B

Modification et mutation diverse

59 - NORD

GREFFE DU TRIBUNAL DE COMMERCE DE LILLE METROPOLE

1371 - 305 305 492 RCS Lille Métropole. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Capital : 15238814.64 EUR. Activité : .
Adresse du siège social : 26 rue Jacques Prévert, 59650 Villeneuve-d'Ascq.
Commentaires : modification survenue sur le capital (diminution).

16/02/2013

JAL

Modification of the share capital

Gazette Nord Pas de Calais/Edition du Nord


Date de décision : 26/12/2012
La société : 305305492 - KERRY INGREDIENTS FRANCE, KERRY RAVIFRUIT, 26 RUE JACQUES PREVERT, 59650 VILLENEUVE D'ASCQ a subi une diminution de son capital social désormais de 15 238 815 €
Date d'effet : 26/12/2012

31/10/2012

Bodacc B

Modification et mutation diverse

59 - NORD

GREFFE DU TRIBUNAL DE COMMERCE DE LILLE

1938 - 305 305 492 RCS Lille. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Administration : nomination du Président de la société : KERRY INGREDIENTS HOLDINGS FRANCE, nomination du Commissaire aux comptes titulaire : DELOITTE & ASSOCIES, nomination du Commissaire aux comptes suppléant : BEAS. Capital : 38746097.10 EUR. Activité : .
Adresse du siège social : 26 rue Jacques Prévert, 59650 Villeneuve-d'Ascq.
Commentaires : modification survenue sur l'origine du fonds d'un établissement complémentaire, le nom commercial, l'activité de l'établissement principal, l'adresse du siège, l'adresse de l'établissement et l'administration.

29/10/2012

Bodacc C

Comptes annuels et rapports

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

12347 - 305305492 RCS. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Adresse : quartier de Salignan 84400 Apt. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

05/10/2012

JAL

Head Office Transfer

Observateur du Valenciennois (L')


Date de décision : 31/08/2012
Transfert du siège social de la société 305305492 -  KERRY INGREDIENTS FRANCE
Adresse du nouveau siège : 26 RUE JACQUES PREVERT, 59650 VILLENEUVE D ASCQ
Ancienne localisation : SALIGNAN, BP 137, 84400 APT
Date d'effet : 12/09/2012

05/10/2012

JAL

Head Office Transfer

Observateur de l'avesnois (L')


Date de décision : 12/09/2012
Transfert du siège social de la société 305305492 -  KERRY INGREDIENTS FRANCE
Adresse du nouveau siège : 26 RUE JACQUES PREVERT, 59650 VILLENEUVE D ASCQ
Ancienne localisation : SALIGNAN, BP 137, 84400 APT
Date d'effet : 12/09/2012

05/10/2012

JAL

Head Office Transfer

Sambre (La)


Date de décision : 31/08/2012
Transfert du siège social de la société 305305492 -  KERRY INGREDIENTS FRANCE
Adresse du nouveau siège : 26 RUE JACQUES PREVERT, 59650 VILLENEUVE D ASCQ
Ancienne localisation : SALIGNAN, BP 137, 84400 APT
Date d'effet : 12/09/2012

05/10/2012

JAL

Head Office Transfer

Courrier de Fourmies (Le)


Date de décision : 12/09/2012
Transfert du siège social de la société 305305492 -  KERRY INGREDIENTS FRANCE
Adresse du nouveau siège : 26 RUE JACQUES PREVERT, 59650 VILLENEUVE D ASCQ
Ancienne localisation : SALIGNAN, BP 137, 84400 APT
Date d'effet : 12/09/2012

02/10/2012

JAL

Head Office Transfer

Petites affiches de Vaucluse et bulletin du palais réunis (Les)


Date de décision : 31/08/2012
Transfert du siège social de la société 305305492 -  KERRY INGREDIENTS FRANCE
Adresse du nouveau siège : 26 RUE JACQUES PREVERT, 59650 VILLENEUVE D ASCQ
Ancienne localisation : SALIGNAN, BP 137, 84400 APT
Date d'effet : 12/09/2012

28/09/2012

Bodacc A

Extrait de jugement

84 - VAUCLUSE

TRIBUNAL DE COMMERCE D'AVIGNON

1546 - Date : 10 septembre 2012. Jugement d'homologation de l'accord. 305 305 492 RCS Avignon.
KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Activité : Transformation et conservation de fruits. Adresse : quartier de Salignan, 84400 Apt. FRUITCO. Forme : Société par actions simplifiée. Activité : Activités des sièges sociaux. Adresse : Quartier de Salignan, 84400 Apt.
Complément de jugement : Jugement d'homologation de l'accord intervenu dans la procédure de conciliation. Le jugement est déposé au greffe où tout intéressé peut en prendre connaissance.

29/07/2012

Bodacc A

Vente et cession : Acheteur

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

1173 - 305 305 492 RCS Avignon. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Capital : 38746097.10 EUR. Adresse : quartier de Salignan, 84400 Apt.
Date de commencement de l’activité : 13/07/2012. Oppositions : Art.L.236-14 du code de commerce. Descriptif : Avis de projet de fusion Pour la soci¿t¿ absorbante ou soci¿t¿ b¿n¿ficiaire de la scission : La d¿nomination sociale suivie, le cas ¿ch¿ant, de son sigle : FRUITCO La forme : SAS L'adresse de son si¿ge o¿ peut ¿tre consult¿ le projet de fusion : Quartier de Salignan 84400 APT Le montant du capital : 10 EUROS Le num¿ro unique d'identification et la mention RCS suivie du nom de la ville o¿ se trouve le greffe o¿ elle est immatricul¿e : 751 810 821 RCS AVIGNON Pour la soci¿t¿ absorb¿e ou soci¿t¿ scind¿e : La d¿nomination sociale suivie, le cas ¿ch¿ant, de son sigle : KERRY INGREDIENTS FRANCE La forme : SAS L'adresse de son si¿ge o¿ peut ¿tre consult¿ le projet de fusion : Quartier de Salignan 84400 APT Le montant du capital : 38.746.097,10 EUROS Le num¿ro unique d'identification et la mention RCS suivie du nom de la ville o¿ se trouve le greffe o¿ elle est immatricul¿e : 305 305 492 RCS AVIGNON L'¿valuation de l'actif et du passif de chaque soci¿t¿ participante dont la transmission ¿ la soci¿t¿ nouvelle ou absorbante est pr¿vue : Actif : 26.968.174 EUROS Passif : 5.350.373 EUROS Actif net : 21.617.801 euros dont il convient de d¿duire le " sous compte de prime d'apport " estim¿ ¿ 21.617.800 euros, soit un actif net de 1 euros La soci¿t¿ FRUITCO augmentera son capital d'un montant de 1euro, par cr¿ation d'une action d'une valeur nominale de un euro qui sera attribu¿e ¿ la soci¿t¿ KERRY INGREDIENTS FRANCE La date du projet commun de fusion : 13 juillet 2012. Les date et lieu du d¿p¿t au RCS au titre de chaque soci¿t¿ participante: Le d¿p¿t du projet de fusion a ¿t¿ d¿pos¿ le 17/07/2012 au Greffe du Tribunal de Commerce d'Avignon au nom de la soci¿t¿ FRUITCO et le 17/07/2012 au Greffe du Tribunal de Commerce d'Avignon au nom de la soci¿t¿ KERRY INGREDIENTS France. Commentaires : Autre achat, apport, attribution.

01/06/2012

Bodacc B

Modification et mutation diverse

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

1202 - 305 305 492 RCS Avignon. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Administration : Président : KERRY INGEDIENTS HOLDING FRANCE SAS (SAS) Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU AUDIT Commissaire aux comptes suppléant : BUREAU D'ETUDES ADMINISTRATIVES SOCIALES ET COMPTABLES (BEAS) (SARL). Activité : .
Commentaires : Modification survenue sur l'administration.

04/10/2011

Bodacc C

Comptes annuels et rapports

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

9538 - 305305492 RCS. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Adresse : quartier de Salignan 84400 Apt. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

09/02/2011

JAL

Continuation of activity in spite of stockholders' equity become lower in the middle of the share capital

TPBM - Semaine de Provence


Date de décision : 30/06/2010
Poursuite d'activité malgré des fonds propres devenus inférieurs à la moitié du capital social de la société 305305492 -  KERRY INGREDIENTS FRANCE, SALIGNAN, BP 137, 84400 APT
Date d'effet : 30/06/2010

12/10/2010

Bodacc C

Comptes annuels et rapports

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

12114 - 305305492 RCS. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Adresse : quartier de Salignan 84400 Apt. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

15/01/2010

Bodacc C

Comptes annuels et rapports

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

9292 - 305305492 RCS. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Adresse : quartier de Salignan 84400 Apt. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

23/08/2009

Bodacc A

Vente et cession : Vendeur

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

540 - 512 158 445 RCS Avignon. FRUPREP FRANCE. Forme : Société par actions simplifiée unipersonnelle. Administration : Président : SOUSA MIRANDA Joao Directeur général : OZORIO Nuno Goncalo né(e) DE NORONHA E COUTO OZORIO Commissaire aux comptes titulaire : MAZARS (SCI) Commissaire aux comptes suppléant : BIETRIX Olivier. Capital : 37000 EUR. Adresse : quartier de Salignan, 84400 Apt.
Origine du fonds : Etablissement principal acquis par achat au prix stipulé de ,5 Euros. Etablissement : Etablissement principal. Activité : Préparation de fruits pour yaourts préparation de fruits et légumes et de tous ingrédients principalement pour industries agroalimentaires. Adresse : quartier de Salignan, 84400 Apt.
Précédent propriétaire : KERRY INGREDIENTS FRANCE. 305 305 492 RCS Avignon.
Date de commencement de l’activité : 15/04/2009. Publication légale : Les petites affiches de Vaucluse du 04/08/2009. Oppositions : AU FONDS VENDU. Descriptif : Immatriculation suite à transfert de son siège social hors ressort. Commentaires : Autre achat, apport, attribution.

25/02/2009

Bodacc B

Modification et mutation diverse

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

1263 - 305 305 492 RCS Avignon. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Administration : Président : KERRY INGEDIENTS HOLDING FRANCE (SA) représenté par HAYAT Dan. Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU AUDIT. Commissaire aux comptes suppléant : BUREAU D'ETUDES ADMINISTRATIVES SOCIALES ET COMPTABLES (BEAS) (SARL).
Commentaires : Modification survenue sur l'administration.

11/12/2008

Bodacc B

Modification et mutation diverse

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

1822 - 305 305 492 RCS Avignon. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Capital : 38746097.10 EUR.
Commentaires : Modification survenue sur le capital.

10/12/2008

Bodacc C

Comptes annuels et rapports

84 - VAUCLUSE

GREFFE DU TRIBUNAL DE COMMERCE D'AVIGNON

11102 - 305305492 RCS. KERRY INGREDIENTS FRANCE. Forme : Société par actions simplifiée. Adresse : Quartier de Salignan, 84400 Apt. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

16/12/2007

Bodacc C

Avis de dépôt des comptes

10762 - 305 305 492. RCS Avignon KERRY INGREDIENTS FRANCE. Forme: Société par actions simplifiée. Adresse du siège social: Quartier de Salignan, 84400 Apt. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

25/11/2006

Bodacc C

Avis de dépôt des comptes

7564 - RCS Avignon B 305 305 492. RC 75-B 142. KERRY INGREDIENTS FRANCE. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: quartier de Salignan,84400 Apt. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

04/06/2006

Bodacc B

Modifications et mutations diverses

2097 - RCS Avignon B 305 305 492. RC 75-B 142. KERRY INGREDIENTS FRANCE. Forme : S.A.S. Nom commercial : Kerry Aptunion Kerry PSF Kerry Ravifruit. Activité : achat, vente commercialisation de fruits frais, séchés, confits, en conserves et de tous autres produits alimentaires opérations d'achat, de vente, de fabrication, de transformation du chocolat et ses annexes. Fabrication, négoce de confitures, de confiserie et de conserves de fruits, ainsi que de tous produits similaires ou accessoires. Stockage de conserves. Traitement et organisation de la commercialisation de fruits et de produits agricoles . Adresse du siège social : quartier de Salignan,, 84400 Commentaires : modification survenue sur l'activité. Date d'effet : 30 décembre 2005.

30/03/2006

Bodacc B

Modifications et mutations diverses

3156 - RCS Avignon B 305 305 492. RC 75-B 142. KERRY INGREDIENTS FRANCE. Forme : S.A.S. Nom commercial : Kerry Aptunion Kerry P.S.F. Kerry Ravifruit. Activité : achat, vente commercialisation de fruits frais, secs, confits ou en conserves et de tous autres produits alimentaires achat, vente, fabrication, transformation du chocolat et de ses annexes. Fabrication, négoce de confitures, de confiserie, de conserves de fruits ainsi que de tous produits similaires ou accessoires . Adresse du siège social : quartier de Salignan,, 84400 Commentaires : modification survenue sur l'activité. Date d'effet : 30 décembre 2005.

24/01/2006

Bodacc C

Avis de dépôt des comptes

4389 - RCS Avignon B 305 305 492. RC 75-B 142. KERRY INGREDIENTS FRANCE. Forme: SOCIETE PAR ACTIONS SIMPLIFIEE. Adresse du siège social: quartier de Salignan,84400 Apt. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

11/01/2005

Bodacc B

Modifications et mutations diverses

1548 - RCS Avignon B 305 305 492. RC 75-B 142. KERRY INGREDIENTS FRANCE. Forme : S.A.S. Capital : 5 188 731 euros. Nom commercial : Kerry Aptunion Kerry PSF Kerry Ravifruit. Adresse du siège social : quartier de Salignan,, 84400 Etablissement principal - Adresse : quartier de la Lise, 84400 Commentaires : résiliation partielle de la location-gérance consentie par la STE LA CIGALETTE, RCS Avignon 562 620 575, concernant le fonds sis quartier La Lise, 84000 Cabrières-d'Avignon. Date d'effet : 1er janvier 2004.

11/11/2004

Bodacc B

Modifications et mutations diverses

RCS Avignon B 562620575 RC 56-B 00057 CONFISERIE LA CIGALETTE. Forme : S.A.S. Capital : 1 219 592 euros. Activité : fabrication, négoce de pain azyme, d' hosties destinées à la patisserie, de tous produits de biscuiterie, de confitures, de conserves de fruits et de produits similaires. Adresse du siège social : quartier La Lise, Cabrières-d'Avignon, 84220 Gordes. Commentaires : résiliation de la location-gérance consentie à la STE KERRY INGREDIENTS FRANCE,. RCS Avignon 305 305 492. Date d'effet : 1 e r janvier 2004.

10/06/2004

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305305492 RC 75-B 142 KERRY INGREDIENTS FRANCE. Forme : S.A.S. Capital : 5 188 731 euros Nom commercial: Kerry Aptunion Kerry P.S.F. Kerry Ravifruit. Adresse du siège social : quartier de Salignan, 84400 Apt. Commentaires : modification survenue sur le capital (diminution). Date d'effet : 4 décembre 2003.

22/02/2004

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305305492 RC 75-B 142 KERRY INGREDIENTS FRANCE. Forme : S.A.S. Capital : 10 400 000 euros Nom commercial: Kerry Aptunion Kerry P.S. F. Kerry Ravifruit. Adresse du siège social : quartier de Salignan, 84400 Apt. Commentaires : modification survenue sur l'administration. Administration : président : KERRY INGEDIENTS HOLDING FRANCE, représentée par MACQUAID ( Albert) ( Nom d'usage : MACQUAID). Commissaire aux comptes titulaire : DELOITTE TOUCHE TOHMATSU AUDIT. Commissaire aux comptes suppléant : BUREAU D'ETUDES ADMINISTRATIVES SOCIALES ET COMPTABLES-BEAS. Date d'effet : 20 octobre 2003.

16/07/2002

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305305492 RC 75-B 142 KERRY INGREDIENTS FRANCE. Forme : S.A.S. Capital : 10 400 000 euros Nom commercial: Kerry Aptunion Kerry P.S. F. Kerry Ravifruit. Adresse du siège social : quartier de Salignan, 84400 Apt. Commentaires : modification survenue sur le capital (augmentation et conversion en euros). Date d'effet : 26 décembre 2001.

22/04/2001

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305305492 RC 75-B 142 KERRY INGREDIENTS FRANCE. Forme : S.A. Capital : 53 015 000 F Nom commercial: Kerry Aptunion Kerry P.S.F. Kerry Ravifruit. Adresse du siège social : quartier de Salignan, 84400 Apt. Commentaires : modification survenue sur l'administration. Administration : président du conseil d'administration : O'DRISCOLL (Daniel, Finbarr) ( Nom d' usage : O'DRISCOLL). Directeur général et administrateur : MAGNIN (Laurent) ( Nom d'usage : MAGNIN). Administrateurs GASPARINI (Gian, Paolo) ( Nom d'usage : GASPARINI) BROSNAN (Denis) ( Nom d' usage : BROSNAN) FRIEL (Hugh) ( Nom d'usage : FRIEL) DUFFY (Cathal) ( Nom d'usage : DUFFY). Commissaire aux comptes titulaire : B.D.A. Commissaire aux comptes suppléant : BUREAU D'ETUDES ADMINISTRATIVES SOCIALES ET COMPTABLES- B.E.A.S. Date d'effet : 5 juin 2000.

22/04/2001

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305305492 RC 75-B 142 KERRY INGREDIENTS FRANCE. Forme : S.A.S. Capital : 53 015 000 F Nom commercial: Kerry Aptunion Kerry P.S.F. Kerry Ravifruit. Adresse du siège social : quartier de Salignan, 84400 Apt. Commentaires : modification survenue sur la forme juridique et l'administration. Administration : président : KERRY INGREDIENTS HOLDING FRANCE, représentée par MAGNIN (Laurent) ( Nom d'usage : MAGNIN). Commissaire aux comptes titulaire : B.D.A. Commissaire aux comptes suppléant : BUREAU D'ETUDES ADMINISTRATIVES SOCIALES ET COMPTABLES- B.E.A.S. Date d'effet : 29 décembre 2000.

14/01/2001

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305305492 RC 75-B 142 KERRY INGREDIENTS FRANCE. Forme : S.A. Capital : 53 015 000 F Nom commercial: Kerry Aptunion Kerry P.S.F. Kerry Ravifruit. Adresse du siège social : quartier de Salignan, 84400 Apt. Commentaires : modification survenue sur le capital (augmentation). Date d'effet : 16 aout 2000.

25/02/1999

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 49 115 000 F (fixe) Nom commercial: Kerry Aptunion - Kerry P.S.F. - Kerry Ravifruit. Adresse : quartier de Salignan, 84400 Apt Nouvelle situation du siège social dénomination: KERRY INGREDIENTS FRANCE. Date d'effet : 17 novembre 1998.

25/09/1997

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 49 115 000 F Nom commercial: Kerry Aptunion-Kerry P.S.F.-Kerry Ravifruit. Adresse du siège social : quartier de Salignan 84400 Apt. Administration : ancien administrateur : DE CARBONNEL (François), non remplacé. Date d'effet : 30 octobre 1996.

20/05/1997

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 49 115 000 F (fixe). Adresse : quartier de Salignan, 84400 Apt Nouvelle situation du siège social Nom commercial: Kerry Aptunion- Kerry P.S.F.-Kerry Ravifruit. Date d'effet : 30 octobre 1996.

24/09/1996

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Avignon B 305305492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F (fixe). Adresse : quartier de Salignan, 84400 Apt Nouvelle situation du siège social. Capital : 49 115 000 F. Administration : changement de commissaires aux comptes, titulaire : la SOCIETE B.D.A. en remplacement de la SOCIETE BARBIER FRINAULT suppléant : la SOCIETE DELOITTE TOUCHE TOHMATSU en remplacement de GROSSMAN (Alain). Date d'effet : 27 juin 1996.

05/07/1996

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F (fixe). Adresse du siège social : quartier de Salignan, 84400 Apt. Administration : anciens administrateurs RICHOUX (Pascal), NUNEZ (Jean), Mme CUNAUD MIDY (Marion), VERCAMBRE (Claude) nouveaux administrateurs : BROSNAN ( Denis), FRIEL (Hugh), DUFFY (Cathal), O' DRISCOLL (Finbarr) à compter du:13 février 1996 Nomination en qualité d' administrateur de MAGNIN (Laurent) à compter du:20 février 1996 Nomination en qualité de directeur général de MAGNIN (Laurent) ancien président du conseil d'administration : DE CARBONNEL (François) nouveau président du conseil d'administration : O'DRISCOLL ( Finbarr). Date d'effet : 7 mars 1996.

13/03/1996

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F (fixe). Adresse du siège social : quartier de Salignan, 84400 Apt. Administration : ancien directeur général et administrateur : DE LA VAUVRE (Hervé). Date d'effet : 27 octobre 1995.

29/11/1995

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F (fixe). Adresse du siège social : quartier de Salignan, 84400 Apt. Administration : nomination en qualité d' administrateur de GASPARINI GIAN (Paolo). Date d'effet : 24 juillet 1995.

26/08/1995

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F. Adresse du siège social : quartier de Salignan 84400 Apt. Administration : ancien président du conseil d' administration : NOEL (Gérard). Nouveau président du conseil d'administration : DE CARBONNEL (François). Date d'effet : 13 mars 1995.

26/08/1995

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F. Adresse du siège social : quartier de Salignan 84400 Apt. Administration : non renouvellement du mandat du commissaire aux comptes titulaire : BORDEZ (Jean). Date d'effet : 21 juin 1994.

18/06/1995

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F. Adresse du siège social : quartier de Salignan 84400 Apt. Administration : nomination en qualité d'administrateur : VERCAMBRE (Claude). Date d'effet : 13 février 1995.

03/05/1995

Bodacc B

Modifications et mutations diverses

RCS Avignon B 305 305 492 RC 75-B 142 CIPRIAL. Forme : S.A. Capital : 48 350 000 F (fixe). Adresse du siège social : quartier de Salignan, 84400 Apt. Administration : changement d' administrateurs : DE CARBONNEL ( François), en remplacement de LASFARGUES (Michel), Mme CUNAUD-MIDY ( Marion), en remplacement de DE VOGUE ( Thierry). Date d'effet : 10 janvier 1995.

 

 

Synthesized Accounts

 

Annual Accounts

 

31/12/2011

31/12/2010

31/12/2009

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

10/12/2012

23/09/2011

27/09/2010

Activity Code

1039B

1039B

1039B

Employees

0

345

443

 

Active account

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

61,560,511

-0.2 %

61,686,679

-1.3 %

62,501,534

93,223

65935.8 %

Intangible assets

1,144,204

-4.8 %

1,202,465

-3.0 %

1,239,524

501

228512.2 %

Tangible assets

15,544,582

-9.1 %

17,099,190

-4.6 %

17,919,428

62,110

24927.7 %

Financial assets

45,536,900

3.5 %

44,008,618

0.2 %

43,924,596

696

6542558.0 %

Net current assets

39,712,730

2.2 %

38,874,021

1.4 %

38,333,782

221,732

17810.2 %

Stocks

25,852,765

7.7 %

23,999,478

8.3 %

22,165,902

45,069

57263.3 %

Advanced payments

188,160

-62.3 %

499,603

199.2 %

166,998

0

0%

Receivables

13,637,279

-4.2 %

14,230,572

-0.4 %

14,290,000

85,955

15765.6 %

Securities and cash

34,526

-76.1 %

144,368

-91.6 %

1,710,882

24,778

39.3 %

Prepaid expenses

-

-

-

-

-

633

-

Accounts of regularization

49,612

188.4 %

17,201

17.0 %

14,700

0

0%

Total Assets

101,322,852

0.7 %

100,577,903

-0.3 %

100,850,017

342,302

29500.5 %

 

Passive Account

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Shareholders' equity

9,294,137

-5.8 %

9,868,835

-5.5 %

10,441,767

109,214

8410.0 %

Share capital

38,746,097

0%

38,746,097

0%

38,746,097

20,291

190856.8 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

1,416,579

-24.4 %

1,874,399

-79.6 %

9,167,036

0

0%

Liabilities

90,578,470

2.0 %

88,826,333

9.4 %

81,210,789

212,011

42623.5 %

Financial liabilities

71,802,535

2.4 %

70,128,170

13.6 %

61,718,462

72,504

98933.2 %

Advanced payments received

0

0%

0

0%

0

0

0%

Trade account payables

12,135,616

2.9 %

11,789,536

0.4 %

11,744,776

45,506

26568.5 %

Tax and social liabilities

4,582,277

-1.8 %

4,664,549

-13.5 %

5,391,684

54,273

8343.0 %

Other debts and fixed assets liabilities

1,786,348

-9.9 %

1,982,634

-9.9 %

2,201,314

11,408

15559.4 %

Account regularization

305,359

13.2 %

269,778

45.8 %

184,978

0

0%

Total liabilities

101,322,851

0.7 %

100,577,902

-0.3 %

100,850,017

342,302

29500.4 %

 

Results

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Sales of Goods

78,096,835

-1.0 %

78,865,992

-10.3 %

87,897,471

402,987

19279.5 %

Net turnover

74,492,320

0.6 %

74,032,159

-12.4 %

84,498,011

396,622

18681.7 %

of which net export turnover

35,714,730

1.3 %

35,270,759

-1.2 %

35,711,034

0

0%

Operating charges

78,620,466

-1.2 %

79,580,575

-14.6 %

93,232,085

415,670

18814.2 %

Operating profit/loss

-523,631

26.7 %

-714,583

86.6 %

-5,334,614

9,044

-5890.1 %

Financial income

198,436

-32.3 %

293,022

-19.3 %

362,899

28

708600.0 %

Financial charges

378,365

-19.5 %

470,053

-59.9 %

1,172,448

2,929

12820.1 %

Financial profit/loss

-179,929

-1.6 %

-177,031

78.1 %

-809,549

-1,555

-11474.7 %

Pretax net operating income

-703,560

21.1 %

-891,614

85.5 %

-6,144,163

5,075

-13964.6 %

Extraordinary income

1,375,605

-81.7 %

7,502,940

34.7 %

5,568,217

1,194

115158.1 %

Extraordinary charges

1,091,179

-84.5 %

7,059,223

-55.9 %

16,016,980

288

379440.5 %

Extraordinary profit/loss

284,426

-35.9 %

443,717

104.2 %

-10,448,763

1

56885100.0 %

Net result

-419,132

6.4 %

-447,897

97.3 %

-16,592,925

5,734

-7410.2 %

 

 

Accounts – Active

 

Normal Account

 

31/12/2011

31/12/2010

31/12/2009

Months

12

12

12

 

Grand Total - Active Accounts (I to VI)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Grand Total (I to VI)

Net

101,322,852

0.7 %

100,577,903

-0.3 %

100,850,017

Gross

CO

154,932,054

-0.1 %

155,047,246

0.6 %

154,116,118

Amortisation

1A

53,609,202

-1.6 %

54,469,343

2.3 %

53,266,101

 

Non declared distributed capital (I)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

Active fixed asset (II)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total Active fixed asset (II)

Net

61,560,511

-0.2 %

61,686,679

-1.3 %

62,501,534

Gross

BJ

113,769,125

-0.7 %

114,540,714

1.7 %

112,641,119

Amortisation

BK

52,208,614

-1.2 %

52,854,035

5.4 %

50,139,585

 

Intangible fixed assets

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

312,595

-15.7 %

370,856

-9.1 %

407,915

Gross

AF

1,730,072

2.4 %

1,688,719

3.6 %

1,629,272

Amortisation

AG

1,417,477

7.6 %

1,317,863

7.9 %

1,221,357

Goodwill

Net

831,609

299.8 %

208,015

-16.7 %

249,595

Gross

AH

831,609

0%

831,609

0%

831,609

Amortisation

AI

665,175

6.7 %

623,594

7.1 %

582,014

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

1,144,204

97.7 %

578,871

-12.0 %

657,510

 

Tangilble fixed assets

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Lands

Net

1,331,844

-0.7 %

1,340,638

-0.7 %

1,349,587

Gross

AN

1,811,936

0%

1,811,936

0%

1,811,936

Amortisation

AO

480,092

1.9 %

471,298

1.9 %

462,349

Buildings

Net

6,070,234

-12.6 %

6,947,254

-4.5 %

7,271,800

Gross

AP

21,706,283

-1.9 %

22,116,101

1.8 %

21,715,235

Amortisation

AQ

15,636,049

3.1 %

15,168,847

5.0 %

14,443,435

Plant

Net

7,181,205

14.8 %

6,258,084

5.3 %

5,941,454

Gross

AR

30,216,096

-0.8 %

30,460,728

4.7 %

29,086,239

Amortisation

AS

23,034,891

-4.8 %

24,202,644

4.6 %

23,144,785

Other tangible fixed assets

Net

679,190

-69.0 %

2,191,148

-29.2 %

3,096,291

Gross

AT

11,654,074

-12.1 %

13,260,891

-0.9 %

13,381,890

Amortisation

AU

10,974,884

-0.9 %

11,069,743

7.6 %

10,285,599

Fixed assets in construction

Net

282,109

-22.1 %

362,066

39.1 %

260,296

Gross

AV

282,109

-22.1 %

362,066

39.1 %

260,296

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

15,544,582

-9.1 %

17,099,190

-4.6 %

17,919,428

 

Financial assets

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

42,938,891

0%

42,938,891

0%

42,938,891

Gross

CU

42,938,937

0%

42,938,937

0%

42,938,937

Amortisation

CV

46

0%

46

0%

46

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

1,024,523

5.5 %

970,967

2.7 %

945,831

Gross

BF

1,024,523

5.5 %

970,967

2.7 %

945,831

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

1,573,486

1493.2 %

98,760

147.7 %

39,874

Gross

BH

1,573,486

1493.2 %

98,760

147.7 %

39,874

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

45,536,900

3.5 %

44,008,618

0.2 %

43,924,596

 

Current Assets (III)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total Assets

Net

39,712,730

2.2 %

38,874,021

1.4 %

38,333,782

Gross

CJ

41,113,319

1.5 %

40,489,330

-2.3 %

41,460,299

Amortisation

CK

1,400,589

-13.3 %

1,615,309

-48.3 %

3,126,517

 

Stocks

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Raw materials

Net

13,302,642

4.3 %

12,750,833

11.0 %

11,491,125

Gross

BL

13,667,033

4.3 %

13,106,726

1.6 %

12,902,021

Amortisation

BM

364,391

2.4 %

355,893

-74.8 %

1,410,896

Work in progress (goods)

Net

2,731,881

14.5 %

2,386,691

-13.5 %

2,760,118

Gross

BN

2,731,881

14.5 %

2,386,691

-13.5 %

2,760,118

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

9,818,242

10.8 %

8,861,954

12.0 %

7,914,659

Gross

BR

10,473,319

7.0 %

9,787,317

5.9 %

9,242,610

Amortisation

BS

655,077

-29.2 %

925,363

-30.3 %

1,327,951

Goods for resale

Net

0

0%

0

0%

0

Gross

BT

0

0%

0

0%

0

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

25,852,765

7.7 %

23,999,478

8.3 %

22,165,902

 

Advance payments to suppliers

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Advance payments to suppliers

Net

188,160

-62.3 %

499,603

199.2 %

166,998

Gross

BV

188,160

-62.3 %

499,603

199.2 %

166,998

Amortisation

BW

0

0%

0

0%

0

 

Debtors

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Trade accounts receivable

Net

11,722,907

-4.1 %

12,218,927

5.0 %

11,633,028

Gross

BX

12,104,028

-3.6 %

12,552,980

4.4 %

12,020,698

Amortisation

BY

381,121

14.1 %

334,053

-13.8 %

387,670

Other debtors

Net

1,631,201

-5.5 %

1,725,580

-29.7 %

2,455,347

Gross

BZ

1,631,201

-5.5 %

1,725,580

-29.7 %

2,455,347

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

13,354,108

-4.2 %

13,944,507

-1.0 %

14,088,375

 

Divers

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

34,526

-76.1 %

144,368

-91.6 %

1,710,882

Gross

CF

34,526

-76.1 %

144,368

-91.6 %

1,710,882

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

34,526

-76.1 %

144,368

-91.6 %

1,710,882

 

Prepaid expenses

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Prepaid expenses

Net

283,171

-1.0 %

286,065

41.9 %

201,625

Gross

CH

283,171

-1.0 %

286,065

41.9 %

201,625

Amortisation

CI

0

0%

0

0%

0

 

Equalization accounts (IV to VI)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

49,612

188.4 %

17,201

17.0 %

14,700

Gross

49,612

188.4 %

17,201

17.0 %

14,700

 

References

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Due within one year

CP

0

0%

0

0%

40,654

Due after one year

CR

0

0%

0

0%

229,573

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Grand Total (I to V)

EE

101,322,851

0.7 %

100,577,902

-0.3 %

100,850,017

 

Shareholder Equity (I)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total shareholders' equity (Total I)

DL

9,294,137

-5.8 %

9,868,835

-5.5 %

10,441,767

Equity and shareholders' equity

DA

38,746,097

0%

38,746,097

0%

38,746,097

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

0

0%

0

0%

0

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

0

0%

0

0%

0

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

-30,088,151

-1.5 %

-29,640,253

-127.2 %

-13,047,328

Profit or loss for the period

DI

-419,132

6.4 %

-447,897

97.3 %

-16,592,925

Investment grants

DJ

1,055,323

-12.8 %

1,210,889

-9.4 %

1,335,923

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

Other capital resources (II)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total provisions for risks and charges (Total III)

DR

1,416,579

-24.4 %

1,874,399

-79.6 %

9,167,036

Risk provisions

DP

166,881

2.1 %

163,402

-12.2 %

186,183

Reserves for charges

DQ

1,249,698

-27.0 %

1,710,997

-80.9 %

8,980,853

 

Liabilities (IV)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total Liabilities (Total IV)

EC

90,578,470

2.0 %

88,826,333

9.4 %

81,210,789

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

531,346

-82.8 %

3,081,681

41242.6 %

7,454

Sundry loans and financial liabilities

DV

71,271,189

6.3 %

67,046,489

8.6 %

61,711,008

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

12,135,616

2.9 %

11,789,536

0.4 %

11,744,776

Tax and social security liabilities

DY

4,582,277

-1.8 %

4,664,549

-13.5 %

5,391,684

Fixed asset liabilities

DZ

454,637

-12.1 %

517,263

0.0 %

517,367

Other debts

EA

1,298,046

-10.9 %

1,457,036

-11.9 %

1,653,522

 

Translation loss (V)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Translation loss (Total V)

ED

33,665

303.9 %

8,335

-72.6 %

30,425

 

Equalization accounts

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Deferred income

EB

305,359

13.2 %

269,778

45.8 %

184,978

 

References

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

0

0%

32,562,170

0.4 %

32,437,376

Of which current bank facilities

EH

0

0%

3,081,616

41684.6 %

7,375

 

 

Result account

 

1 - Operating result (I-II)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Operating result (Total I-II)

GG

-523,631

26.7 %

-714,583

86.6 %

-5,334,614

 

2 - Financial result (V-VI)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Financial result (Total V-VI)

GV

-179,929

-1.6 %

-177,031

78.1 %

-809,549

 

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

GW

-703,560

21.1 %

-891,614

85.5 %

-6,144,163

 

4 - Extraordinary result (VII-VIII)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Extraordinary result (Total VII-VIII)

HI

284,426

-35.9 %

443,717

104.2 %

-10,448,763

 

Profit or loss

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Profit or loss

HN

-419,132

6.4 %

-447,897

97.3 %

-16,592,925

 

Total Income (I+III+V+VII)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

HL

79,670,876

-8.1 %

86,661,954

-7.6 %

93,828,587

 

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

HM

80,090,010

-8.1 %

87,109,851

-21.1 %

110,421,513

 

Operating income (I)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total operating income (Total I)

FR

78,096,835

-1.0 %

78,865,992

-10.3 %

87,897,471

 

Operating income (details)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sale of goods for resale

FC

383,962

-23.6 %

502,661

-73.1 %

1,870,703

France

FA

53,041

-27.5 %

73,199

-92.9 %

1,029,890

Export

FB

330,921

-22.9 %

429,462

-48.9 %

840,813

Sale of goods produced

FF

72,652,567

0.4 %

72,345,702

-11.3 %

81,535,322

France

FD

37,750,448

-0.4 %

37,917,212

-19.4 %

47,070,072

Export

FE

34,902,119

1.4 %

34,428,490

-0.1 %

34,465,250

Sale of services

FI

1,455,791

23.0 %

1,183,796

8.4 %

1,091,986

France

FG

974,101

26.3 %

770,989

12.2 %

687,015

Export

FH

481,690

16.7 %

412,807

1.9 %

404,971

Net turnover

FL

74,492,320

0.6 %

74,032,159

-12.4 %

84,498,011

France

FJ

38,777,590

0.0 %

38,761,400

-20.5 %

48,786,977

Export

FK

35,714,730

1.3 %

35,270,759

-1.2 %

35,711,034

Stocked production

FM

1,031,192

502.1 %

171,279

110.8 %

-1,581,872

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

164,922

-9.6 %

182,531

-42.9 %

319,632

Release of reserves and provisions

FP

2,362,942

-47.3 %

4,479,953

-1.4 %

4,541,966

Other income

FQ

45,459

64841.4 %

70

-99.9 %

119,734

 

Operating charges (II)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total operating charges (Total II)

GF

78,620,466

-1.2 %

79,580,575

-14.6 %

93,232,085

 

Exploitation charges

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Purchase of goods for resale

FS

4,484,081

31.5 %

3,411,204

-15.0 %

4,012,936

Change in stocks of goods for resale

FT

0

0%

0

0%

0

Purchase of raw materials

FU

36,880,427

-1.9 %

37,607,412

-1.9 %

38,340,158

Change in stocks of raw materials

FV

-560,307

-173.7 %

-204,704

-104.5 %

4,574,453

Other external purchases and charges

FW

18,029,875

-6.1 %

19,204,179

-6.9 %

20,626,543

Tax, duty and similar payments

FX

1,621,126

-13.5 %

1,874,147

-4.5 %

1,962,434

Payroll

FY

9,567,659

3.8 %

9,216,672

-24.8 %

12,248,091

Social security costs

FZ

4,336,169

9.2 %

3,972,462

-23.3 %

5,179,876

 

Depreciation

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Depreciation of fixed assets

GA

2,839,244

-3.7 %

2,948,099

-1.7 %

2,998,042

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

1,187,396

-17.6 %

1,440,921

-51.0 %

2,941,588

Provisions for risks and charges

GD

219,169

235.1 %

65,397

-39.4 %

107,946

 

Other charges

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Other charges

GE

15,627

-65.1 %

44,786

-81.3 %

240,018

 

Operating charges (III-IV)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total financial income (Total V)

GP

198,436

-32.3 %

293,022

-19.3 %

362,899

Share financial income

GJ

62

-35.4 %

96

-29.9 %

137

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

47,908

-32.0 %

70,502

-42.6 %

122,750

Released provisions and transferred charges

GM

17,201

17.0 %

14,700

-83.9 %

91,047

Exchange gains

GN

133,265

-35.8 %

207,724

39.4 %

148,965

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

Financial charge (VI)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total financial charge (Total VI)

GU

378,365

-19.5 %

470,053

-59.9 %

1,172,448

Financial reserves and provisions

GQ

49,612

188.4 %

17,201

17.0 %

14,700

Interest and similar charges

GR

238,747

-5.8 %

253,333

-73.1 %

941,757

Exchange losses

GS

90,006

-54.9 %

199,519

-7.6 %

215,991

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

Extraordinary income (VII)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total extraordinary income (Total VII)

HD

1,375,605

-81.7 %

7,502,940

34.7 %

5,568,217

Extraordinary operating income

HA

20,207

-87.5 %

161,704

59.3 %

101,497

Extraordinary income from capital transactions

HB

223,541

-13.6 %

258,856

-79.2 %

1,242,767

Released provisions and transferred charges

HC

1,131,857

-84.0 %

7,082,380

67.7 %

4,223,953

 

Extraordinary charges (VIII)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total extraordinary charges (Total VIII)

HH

1,091,179

-84.5 %

7,059,223

-55.9 %

16,016,980

Extraordinary operating charges

HE

147,765

-38.0 %

238,397

-8.1 %

259,392

Extraordinary charges from capital transactions

HF

943,414

-86.2 %

6,820,826

-9.3 %

7,516,086

Extraordinary reserves and provisions

HG

0

0%

0

0%

8,241,502

 

Employee profit sharing (IX)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

Tax on profits (X)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Tax on profits (Total X)

HK

0

0%

0

0%

0

 

References

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Of which equipment leases

HP

0

0%

71,860

-2.1 %

73,414

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

0

0%

1,249,668

-27.8 %

1,730,784

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

526,584

0%

0

0%

2,434,840

Decreasess by transfers

OK2

3,656,119

998.8 %

332,747

-97.9 %

16,055,544

Gross value at the end of period

OL

113,769,124

-0.7 %

114,540,715

1.7 %

112,641,119

 

Research and development Charge (Total I)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Gross value at begin of period

KD

2,520,329

2.4 %

2,460,882

2.5 %

2,401,109

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

41,353

-31.1 %

60,057

-4.2 %

62,668

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

610

-78.9 %

2,895

Gross value at the end of period

LW

2,561,682

1.6 %

2,520,329

2.4 %

2,460,882

 

Tangible fixed assets (Total III)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Gross value at begin of period

LN

68,011,724

2.7 %

66,255,597

-17.1 %

79,968,090

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

1,752,392

-13.3 %

2,022,174

-57.0 %

4,707,059

Decreasess by budget item transfer

NG1

526,584

0%

0

0%

2,434,840

Decreasess by transfers

NG2

3,567,033

1240.8 %

266,047

-98.3 %

15,984,712

Gross value at the end of period

NH

65,670,499

-3.4 %

68,011,724

2.7 %

66,255,597

 

Financial assets (Total IV)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Gross value at begin of period

LQ

44,008,665

0.2 %

43,924,642

0.0 %

43,917,595

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

1,617,367

977.4 %

150,113

100.2 %

74,984

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

89,086

34.8 %

66,090

-2.7 %

67,937

Gross value at the end of period

NK

45,536,946

3.5 %

44,008,665

0.2 %

43,924,642

 

 

Reserve for depreciation

 

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Reserve for depreciation value at begin of period

PE

1,934,466

7.7 %

1,796,379

7.9 %

1,665,211

Increases

PF

141,194

1.8 %

138,697

3.8 %

133,564

Decreasess

PG

0

0%

610

-74.5 %

2,396

Decreasess by budget item transfer

PH

2,075,660

7.3 %

1,934,466

7.7 %

1,796,379

 

Total fixed assets amotisation (Total III)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Reserve for depreciation value at begin of period

QU

49,073,561

5.5 %

46,497,198

-16.1 %

55,444,327

Increases

QV

2,942,006

4.7 %

2,809,402

-2.0 %

2,866,213

Decreases

QW

3,271,177

1303.7 %

233,039

-98.0 %

11,813,344

Decreasess by budget item transfer

QX

48,744,390

-0.7 %

49,073,561

5.5 %

46,497,196

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Value at begining of period

7C

5,335,716

-62.3 %

14,139,560

42.0 %

9,960,009

Increases

UB

1,456,177

-4.4 %

1,523,519

-86.5 %

11,305,735

Decreases

UC

2,586,161

-75.0 %

10,327,364

44.9 %

7,126,184

Value at the end of period

UD

4,205,732

-21.2 %

5,335,715

-62.3 %

14,139,560

 

Includes Total allocations

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Operating

UE

0

0%

0

0%

0

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

0

0%

0

0%

0

 

Includes Total Withdrawal

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Value at begining of period

5Z

1,874,400

-79.6 %

9,167,037

548.6 %

1,413,396

Increases

TV

268,781

225.4 %

82,598

-99.0 %

8,332,442

Decreases

TW

726,601

-90.1 %

7,375,235

1174.2 %

578,801

Value at the end of period

TX

1,416,580

-24.4 %

1,874,400

-79.6 %

9,167,037

 

Total Provision for depreciation (Total III)

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Value at begining of period

7B

3,461,315

-30.4 %

4,972,524

-41.8 %

8,546,613

Increases

TY

1,187,396

-17.6 %

1,440,921

-51.5 %

2,973,294

Decreases

TZ

1,859,560

-37.0 %

2,952,130

-54.9 %

6,547,383

Value at the end of period

UA

2,789,151

-19.4 %

3,461,315

-30.4 %

4,972,524

 

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Gross value

VT

16,616,407

6.3 %

15,634,353

-0.2 %

15,663,375

1 year at most

VU

13,720,938

-4.1 %

14,313,810

-1.2 %

14,488,751

More than one year

VV

2,895,469

119.3 %

1,320,543

12.4 %

1,174,624

 

State of loans

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

1,024,523

5.5 %

970,967

2.7 %

945,831

Loans (1 year at most)

UR

0

0%

0

0%

31,916

Other financial assets (gross)

UT

1,573,486

1493.2 %

98,760

147.7 %

39,874

Other financial assets (1 year at most)

UV

0

0%

0

0%

8,738

 

Receivables statement of assets

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Customers doubtful or disputed

VA

297,461

18.6 %

250,816

9.3 %

229,573

Other claims customer

UX

11,806,567

-4.0 %

12,302,165

4.3 %

11,791,125

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

19,358

-69.3 %

63,023

56.0 %

40,389

Social Security and other social organizations

UZ

53

130.4 %

23

-99.7 %

8,259

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

419,933

-28.9 %

590,671

-38.4 %

958,590

Other taxes and payments assimilated

VN

817,177

-9.8 %

905,639

-27.6 %

1,250,516

State and other public - Miscellaneous

VP

19,198

67.7 %

11,447

0%

0

Group and Associates

VC

71,876

0.8 %

71,290

0.7 %

70,764

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

VR

283,606

239.7 %

83,488

-34.2 %

126,829

 

Prepaid

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Prepaid

VS

283,171

-1.0 %

286,065

41.9 %

201,625

 

State Debt

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Total debt (gross)

VY

90,578,470

2.0 %

88,826,333

9.4 %

81,210,789

1 year at most

VZ2

31,323,630

-3.8 %

32,562,171

0.4 %

32,437,376

More than 1 year and 5 years at most

VZ3

59,254,840

5.3 %

56,264,162

15.4 %

48,773,413

More than 5 years

VZ4

0

0%

0

0%

0

 

Details

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Convertible bonds (gross)

7Y1

0

0%

0

0%

0

1 year at most

7Y2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

0

Other bonds (gross)

7Z1

0

0%

0

0%

0

1 year at most

7Z2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Z3

0

0%

0

0%

0

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

VG1

0

0%

0

0%

0

1 year at most

VG2

0

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

531,346

-82.8 %

3,081,681

41242.6 %

7,454

1 year at most

VH2

531,346

-82.8 %

3,081,681

41242.6 %

7,454

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

59,264,162

5.3 %

56,273,413

15.4 %

48,782,618

1 year at most

8A2

9,322

0.8 %

9,251

0.5 %

9,205

More than 1 year and 5 years at most

8A3

59,254,840

5.3 %

56,264,162

15.4 %

48,773,413

Suppliers and associated accounts (gross)

8B1

12,135,616

2.9 %

11,789,536

0.4 %

11,744,776

1 year at most

8B2

12,135,616

2.9 %

11,789,536

0.4 %

11,744,776

More than 1 year and 5 years at most

8B3

12,135,616

2.9 %

11,789,536

0.4 %

11,744,776

Personnel and associated accounts (gross)

8C1

1,380,675

0.3 %

1,376,033

-23.5 %

1,797,842

1 year at most

8C2

1,380,675

0.3 %

1,376,033

-23.5 %

1,797,842

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

1,805,502

9.8 %

1,645,014

-12.4 %

1,878,751

1 year at most

8D2

1,805,502

9.8 %

1,645,014

-12.4 %

1,878,751

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

24,525

99.1 %

12,316

385.6 %

2,536

1 year at most

VW2

24,525

99.1 %

12,316

385.6 %

2,536

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

1,371,576

-15.9 %

1,631,186

-4.8 %

1,712,555

1 year at most

VQ2

1,371,576

-15.9 %

1,631,186

-4.8 %

1,712,555

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

454,637

-12.1 %

517,263

0.0 %

517,367

1 year at most

8J2

454,637

-12.1 %

517,263

0.0 %

517,367

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

12,007,027

11.5 %

10,773,076

-16.7 %

12,928,390

1 year at most

VI2

12,007,027

11.5 %

10,773,076

-16.7 %

12,928,390

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

1,298,046

-10.9 %

1,457,036

-11.9 %

1,653,522

1 year at most

8K2

1,298,046

-10.9 %

1,457,036

-11.9 %

1,653,522

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

305,359

13.2 %

269,778

45.8 %

184,978

1 year at most

8L2

305,359

13.2 %

269,778

45.8 %

184,978

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

References

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Dividends

ZE

0

0%

0

0%

0

 

Commitments

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Commitments leasing furniture

YQ

282,240

-20.0 %

352,800

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

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

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Average number of employees

YP

0

0%

345

-22.1 %

443

 

Groups and Shareholders

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Fixed Asset Financing

1.18

2.6 %

1.15

-1.7 %

1.17

1.40

-15.7 %

Global Debt

438 days

1.4 %

432 days

24.9 %

346 days

163 days

168.7 %

Working Capital Fund overall net

101 days

21.7 %

83 days

3.8 %

80 days

77 days

31.2 %

Financial independence

12.94 %

-8.0 %

14.07 %

-16.8 %

16.92 %

84.38 %

-84.7 %

Solvability

9.17 %

-6.5 %

9.81 %

-5.2 %

10.35 %

35.00 %

-73.8 %

Capacity debt futures

1,749.17 %

446.2 %

320.24 %

-99.8 %

140,082.73 %

822.17 %

112.8 %

Coverage of current assets by net working capital overall

51.32 %

20.6 %

42.54 %

-6.7 %

45.61 %

45.81 %

12.0 %

General Liquidity

0.44

0%

0.44

-2.2 %

0.45

0.51

-13.7 %

Restricted Liquidity

0.44

0%

0.44

-12.0 %

0.50

0.82

-46.3 %

 

Management or rotation

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Need background in operating working capital

101 days

4.1 %

97 days

32.9 %

73 days

43 days

134.9 %

Treasury

0 days

0%

-14 days

-300.0 %

7 days

5 days

0%

Inventory turnover of goods

0 days

0%

0 days

0%

0 days

37 days

0%

Average length of credit granted to customers

59 days

-3.3 %

61 days

19.6 %

51 days

43 days

37.2 %

Average length of credit obtained suppliers

74 days

4.2 %

71 days

12.7 %

63 days

60 days

24.4 %

Inventory turnover of raw materials in industrial enterprises

132 days

6.5 %

124 days

4.2 %

119 days

79 days

67.1 %

Inventory turnover of intermediate and finished products in the industrial enterprise

113 days

3.7 %

109 days

-14.8 %

128 days

198 days

-42.8 %

Rotation tangible assets

113.43 %

4.2 %

108.85 %

-14.6 %

127.53 %

224.28 %

-49.4 %

 

Profitability of the business

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Margin trading

-5.50 %

-39.9 %

-3.93 %

-54.7 %

-2.54 %

0.00 %

0%

Profitability of the business

1.78 %

289.4 %

-0.94 %

78.6 %

-4.39 %

6.98 %

-74.5 %

Net profit

-0.56 %

8.2 %

-0.61 %

96.9 %

-19.64 %

2.00 %

-128.0 %

Growth rate of turnover (excluding VAT)

0.62 %

105.0 %

-12.39 %

4.7 %

-13.00 %

3.01 %

-79.4 %

Rates integration

22.40 %

16.9 %

19.16 %

5.4 %

18.18 %

29.08 %

-23.0 %

Rate leasing furniture

0.00 %

0%

0.10 %

11.1 %

0.09 %

0.00 %

0%

Work Factor

83.31 %

-10.4 %

92.98 %

-18.0 %

113.45 %

66.98 %

24.4 %

Weight interests

0.51 %

-19.0 %

0.63 %

-54.7 %

1.39 %

0.52 %

-1.9 %

 

Return on capital

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Cash flow from the overall profitability

4.28 %

-65.1 %

12.26 %

1004.5 %

1.11 %

6.44 %

-33.5 %

Rates of economic profitability

2.00 %

300.0 %

-1.00 %

80.0 %

-5.00 %

12.00 %

-83.3 %

Financial profitability

9,294,137.00 %

-5.8 %

9,868,835.00 %

-5.5 %

10,441,767.00 %

53,677.00 %

17214.9 %

Return on investment

-0.05 %

-266.7 %

0.03 %

100.1 %

-21.37 %

7.78 %

-100.6 %

 

Management intermediate balances

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Turnover

74,492,320

0.6 %

74,032,159

-12.4 %

84,498,011

396,622

18681.7 %

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Sales of goods

383,962

-23.6 %

502,661

-73.1 %

1,870,703

-

- Purchase of goods

4,484,081

31.5 %

3,411,204

-15.0 %

4,012,936

-

+/- Stock of goods variation

0

0%

0

0%

0

-

Trading margin

-4,100,119 €

-41.0 %

-2,908,543 €

-35.8 %

-2,142,233 €

0 €

0%

-5.50 % CA

-39.9 %

-3.93 % CA

-54.7 %

-2.54 % CA

0.33 % CA

-1766.7 %

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Sale of goods produced

74,108,358

0.8 %

73,529,498

-11.0 %

82,627,308

-

+/- Stocked production

1,031,192

502.1 %

171,279

110.8 %

-1,581,872

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

75,139,550 €

2.0 %

73,700,777 €

-9.1 %

81,045,436 €

272,649 €

27459.1 %

100.87 % CA

1.3 %

99.55 % CA

3.8 %

95.91 % CA

99.64 % CA

1.2 %

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Trading margin

-4,100,119

-41.0 %

-2,908,543

-35.8 %

-2,142,233

0

0%

+ Period Production

75,139,550

2.0 %

73,700,777

-9.1 %

81,045,436

272,649

27459.1 %

- Purchase of raw materials

36,880,427

-1.9 %

37,607,412

-1.9 %

38,340,158

-

+/- Change in stocks of raw materiels

-560,307

-173.7 %

-204,704

-104.5 %

4,574,453

-

- Other external purchases and charges

18,029,875

-6.1 %

19,204,179

-6.9 %

20,626,543

-

Added value

16,689,436 €

17.7 %

14,185,347 €

-7.7 %

15,362,049 €

131,022 €

12637.9 %

22.40 % CA

16.9 %

19.16 % CA

5.4 %

18.18 % CA

29.08 % CA

-23.0 %

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Added value

16,689,436 €

17.7 %

14,185,347 €

-7.7 %

15,362,049 €

131,022 €

12637.9 %

+ Operating grants

164,922

-9.6 %

182,531

-42.9 %

319,632

-

- Tax, duty and similar payments

1,621,126

-13.5 %

1,874,147

-4.5 %

1,962,434

-

- Personal charges

13,903,828

5.4 %

13,189,134

-24.3 %

17,427,967

-

Gross operating surplus

1,329,404 €

291.2 %

-695,403 €

81.2 %

-3,708,720 €

29,755 €

4367.8 %

1.78 % CA

289.4 %

-0.94 % CA

78.6 %

-4.39 % CA

6.98 % CA

-74.5 %

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Gross operating surplus

1,329,404 €

291.2 %

-695,403 €

81.2 %

-3,708,720 €

29,755 €

4367.8 %

+ Release of reserves and provisions

2,362,942

-47.3 %

4,479,953

-1.4 %

4,541,966

-

+ Other operating income

45,459

64841.4 %

70

-99.9 %

119,734

-

- Depreciation/ Amortisation

4,245,809

-4.7 %

4,454,417

-26.3 %

6,047,576

-

- Other charges

15,627

-65.1 %

44,786

-81.3 %

240,018

-

Operating result

-523,631 €

26.7 %

-714,583 €

86.6 %

-5,334,614 €

9,043 €

-5890.5 %

-0.70 % CA

27.8 %

-0.97 % CA

84.6 %

-6.31 % CA

2.84 % CA

-124.6 %

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Operating result

-523,631 €

26.7 %

-714,583 €

86.6 %

-5,334,614 €

9,043 €

-5890.5 %

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

0

0%

0

0%

0

-

+ Financial income

198,436

-32.3 %

293,022

-19.3 %

362,899

-

- Financial charges

378,365

-19.5 %

470,053

-59.9 %

1,172,448

-

Pre-tax result

-703,560 €

21.1 %

-891,614 €

85.5 %

-6,144,163 €

5,075 €

-13964.6 %

-0.94 % CA

21.7 %

-1.20 % CA

83.5 %

-7.27 % CA

2.09 % CA

-145.0 %

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Extraordinary income

1,375,605

-81.7 %

7,502,940

34.7 %

5,568,217

1,194

115158.1 %

- Extraordinary charges

1,091,179

-84.5 %

7,059,223

-55.9 %

16,016,980

-

Extraordinary result

284,426 €

-35.9 %

443,717 €

104.2 %

-10,448,763 €

1 €

56885100.0 %

0.38 % CA

-36.7 %

0.60 % CA

104.9 %

-12.37 % CA

0.08 % CA

375.0 %

 

31/12/2011

Variation

31/12/2010

Variation

31/12/2009

Sector Median 2011

Pre-tax result

-703,560 €

21.1 %

-891,614 €

85.5 %

-6,144,163 €

5,075 €

-13964.6 %

Extraordinary result

284,426 €

-35.9 %

443,717 €

104.2 %

-10,448,763 €

1 €

56885100.0 %

- Employee profit sharing

0

0%

0

0%

0

-

- Tax on profits

0

0%

0

0%

0

-

Net result

-419,134 €

6.4 %

-447,897 €

97.3 %

-16,592,926 €

5,733 €

-7410.9 %

-0.56 % CA

8.2 %

-0.61 % CA

96.9 %

-19.64 % CA

2.00 % CA

-128.0 %

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.61

UK Pound

1

Rs.102.30

Euro

1

Rs.74.61

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

ASH

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

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

 

Unlimited

71-85

Aa

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

 

Large

56-70

A

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

 

Fairly Large

41-55

Ba

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

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

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

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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

 

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

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

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

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