MIRA INFORM REPORT

 

 

Report No. :

341054

Report Date :

16.09.2015

           

IDENTIFICATION DETAILS

 

Name :

FIABILA

 

 

Registered Office :

Z.I De Maingournois Rte De Saint Mamert 28130 Maintenon

 

 

Country :

France

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

October 1982

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

Manufacture of perfumes and toilet preparations.

 

 

No. of Employee :

100 to 199 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 – 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 summary

 

Name

FIABILA

Acronym

-

Trade name

-

Status

Economically active

Postal Address

FIABILA
Z.I DE MAINGOURNOIS
RTE DE SAINT MAMERT
28130 MAINTENON

Share Capital

301,500 Euros

Incorporiation Date

08/1985

Activity (APE)

Manufacture of perfumes and toilet preparations  (2042Z)

RCS Registration

RCS Chartres B 310 810 486

Formation Date

10/1982

EUR VAT Number

FR55310810486

Deregistration Date

-

Last account Date

31/12/2013

Court Registry Number

19 8 5B00169

Telephone

02 37 18 25 00

Registration Court

Chartres (28)

Fax

02 37 27 68 83

Nationality

France

Legal form

Simplified joint stock company

Currency

Euros

 

 

Key Financials

 

YEAR TO DATE

TURNOVER

GROSS OPERATING SURPLUS

SHAREHOLDER'S EQUITY

NET RESULT

EMPLOYEES

31/12/2013

89,426,385 €

18.44% Turnover

43,658,254 €

10,652,762 €

100 to 199 employees

31/12/2012

84,539,110 €

20.51% Turnover

33,005,491 €

11,284,524 €

-

31/12/2011

68,660,219 €

19.39% Turnover

21,720,968 €

8,775,625 €

-

 

 

Ultimate Holding Company

 

Name

Country

Company Number

FIABILA INTERNATIONAL

379356264

Affiliation links.

 

 

Directors

 

Current Directors

1

 

 

Preferential Right

 

No social security and tax office preferential right to date

 

 

Payment Information Summary – Trade Payment Data

 

Total number of Invoices available

47

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

39

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

5

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

1

Total number of Invoices currently outstanding beyond the due date

2

 

 

Trends

 

Profitability

Liquidity

Net Worth

 

 

Establishment Details

 

Type of Establishment

Head Office

Production Role

-

APE/NAF Code

2042Z

Activity

 
Manufacture of perfumes and toilet preparations

Formation Date

10/1982

Reason for Formation

Formation

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

ROUTE DE SAINT MAMERT 
28130 MAINTENON

Department

Eure-et-Loir (28)

Location Surface

-

District

1

City

MAINTENON

Status

Economically active

Business Pages FT®

PARFUMERIE ET COSMETIQUES (FABRICATION, GROS)

Region

Centre

Area

18

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

FIABILA INTERNATIONAL

 
Activities of holding companies

6420Z

PARIS 8

75008

 

 

Other Establishment(s)

 

Regionality

Legal unit with multiple establishments in many areas having at least 80% of workforce in same area

Mono-activity status

Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Branches

2 branch entities in this company

 

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

FIABILA

Head Office

2042Z

Manufacture of perfumes and toilet preparations

MAINTENON

28130

FIABILA

Branch

2042Z

Manufacture of perfumes and toilet preparations

PARIS 16

75116

FIABILA

Branch

2042Z

Manufacture of perfumes and toilet preparations

PARIS 8

75008

 

 

Workforces

 

Workforce at address

100 to 199 employees

Company workforce

100 to 199 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 shareholder's equity is 43,658,254 €

The ratio total assets to total liabilities is 2.79

The creditor days are 51.24

The increase of tangible fixed assets over the last two accounting periods is 298 %

The liabilities are 23,815,555 €

The net current assets are 63,103,220 €

The net turnover is 89,426,385 €

The pre-tax profit is 15,625,107 €

The risk provisions are 526,734 €

The total assets are 68,007,829 €

Industry code with low risk rating

Department code with low risk rating

The company has 1 director(s)

The stock to turnover ratio is 9.20

The return on total assets employed is 22.98

High risk workforce size

The sales to current assets ratio is 1.42

The increase in the gearing percentage over the last two accounting periods is 226 %

 

 

Industry comparison

 

Activity (APE)

Manufacture of perfumes and toilet preparations (2042Z)

Industry average credit rating

44

Industry average credit limit

87,544

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

 

Company monitored since

06/01/2010

Status of Monitoring

No social security and tax office preferential right to date

 

 

Group Data

 

Ultimate parent company

FIABILA INTERNATIONAL

Direct parent

FIABILA INTERNATIONAL - 98.67 %

Group – Number of companies

3

Linkages – Number of companies

-

Number of countries

-

 

 

NAME

SIREN

PARTS

LAST ACCOUNT PUBLISHED

1

FIABILA INTERNATIONAL

379356264

-

31/12/2014

2

FIABILA SERVICES

384653291

99 %

31/12/2014

FIABILA

310810486

98.67 %

31/12/2013

 

 

Linkages

 

No Linkages information available for the company.

 

 

Shareholder(s)

 

Name

EMPIRE

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

Chairman of the Board

M. MIASNIK PIERRE

17/09/1943 - PARIS

Chief Executive Officer

M. MIASNIK PIERRE

17/09/1943 - PARIS 13 (75)

Managing director

M. MIASNIK PIERRE

17/09/1943 - PARIS

Administrator

M. MIASNIK ALAIN

-

Administrator

M. MIASNIK ALAIN

21/06/1942 - PARIS

Administrator

M. MIASNIK ALEXANDRE

22/02/1980 - PARIS 12

Administrator

Mme. MIASNIK BLANCHE

13/05/1944 - SÉTIF(ALGERIE)

Administrator

MME. MIASNIK ESTELLE

-

Administrator

Mme. MIASNIK ESTELLE

16/10/1950 - POIL (58)

 

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

26/11/2014

Bodacc B

Modification et mutation diverse

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

624 - 310 810 486 RCS Chartres. FIABILA. Forme : Société par actions simplifiée. Administration : Président : EMPIRE (SARL) Commissaire aux comptes titulaire : CABINET COUTY (SARL) Commissaire aux comptes suppléant : ROCH René. Activité : . 
Commentaires : Modification survenue sur la forme juridique, l'administration.

14/11/2014

Bodacc C

Comptes annuels et rapports

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

1219 - 310810486 RCS. FIABILA. Forme : Société anonyme. Adresse : Z I. de Maingournois 28130 Maintenon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

08/10/2014

JAL

Appointment of the social representative

Echo de Brou (L )


Date de décision : 02/09/2014
Société faisant l'objet d'une nomination : 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Nominé : 793958950 - EMPIRE, 9 RUE ARSENE HOUSSAYE, 75008 PARIS 8 
En la fonction de : Président

08/10/2014

JAL

Resignation / Revocation of the social representative

Echo de Brou (L )


Date de décision : 02/09/2014
La société 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Fait l'objet du départ de Monsieur Pierre MIASNIK, 8 Boulevard de La Tour Maubourg, 75007, PARIS 07, 
De Monsieur Pierre MIASNIK, 8 Boulevard de La Tour Maubourg, 75007, PARIS 07, 
De Madame Blanche MIASNIK, 67 Rue du Montparnasse, 75014, PARIS 14

26/11/2013

Bodacc C

Comptes annuels et rapports

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

2230 - 310810486 RCS. FIABILA. Forme : Société anonyme. Adresse : Z I. de Maingournois 28130 Maintenon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

30/11/2012

Bodacc C

Comptes annuels et rapports

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

2803 - 310810486 RCS. FIABILA. Forme : Société anonyme. Adresse : Z I. de Maingournois 28130 Maintenon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

06/02/2012

Bodacc C

Comptes annuels et rapports

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

3258 - 310810486 RCS. FIABILA. Forme : Société anonyme. Adresse : Z I. de Maingournois 28130 Maintenon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

07/03/2010

Bodacc B

Modification et mutation diverse

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

446 - 310 810 486 RCS Chartres. FIABILA. Forme : Société anonyme. Administration : Président directeur général : MIASNIK Estelle né(e) MARTIN Administrateur : MIASNIK Pierre Administrateur : MIASNIK Blanche né(e) ATLANI Commissaire aux comptes titulaire : CABINET COUTY (SARL) Commissaire aux comptes suppléant : ROCH René. Activité : . 
Commentaires : Modification survenue sur l'administration.

07/03/2010

Bodacc B

Modification et mutation diverse

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

447 - 310 810 486 RCS Chartres. FIABILA. Forme : Société anonyme. Administration : Président directeur général : MIASNIK Pierre Administrateur : MIASNIK Estelle né(e) MARTIN Administrateur : MIASNIK Blanche né(e) ATLANI Commissaire aux comptes titulaire : CABINET COUTY (SARL) Commissaire aux comptes suppléant : ROCH René. Activité : . 
Commentaires : Modification survenue sur l'administration.

27/01/2010

JAL

Appointment of the social representative

L'ECHO DE BROU


Société faisant objet d'une nomination : 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Nominé : Monsieur Pierre MIASNIK, 8 BOULEVARD 8 BOULEVARD DE LA TOUR MAUBOURG, 75007 PARIS
En la fonction de : DG - Directeur Général

27/01/2010

JAL

Resignation / Revocation of the social representative

L'ECHO DE BROU


Date de décision : 11/01/2010
La société 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Fait l'objet du départ de Madame Estelle MIASNIK 

27/01/2010

JAL

Appointment of the social representative

L'ECHO DE BROU


Société faisant objet d'une nomination : 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Nominé : Monsieur Pierre MIASNIK, 8 BOULEVARD 8 BOULEVARD DE LA TOUR MAUBOURG, 75007 PARIS
En la fonction de : Président

30/12/2009

JAL

Resignation / Revocation of the social representative

L'ECHO DE BROU


Date de décision : 23/12/2009
La société 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Fait l'objet du départ de Monsieur Alain MIASNIK 

30/12/2009

JAL

Resignation / Revocation of the social representative

L'ECHO DE BROU


Date de décision : 23/12/2009
La société 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Fait l'objet du départ de Monsieur Pierre MIASNIK 

30/12/2009

JAL

Appointment of the social representative

L'ECHO DE BROU


Société faisant objet d'une nomination : 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Nominé : Madame Estelle MIASNIK, 8 BOULEVARD 8 BOULEVARD DE LA TOUR MAUBOURG, 75007 PARIS
En la fonction de : DG - Directeur Général

30/12/2009

JAL

Appointment of the social representative

L'ECHO DE BROU


Société faisant objet d'une nomination : 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Nominé : Madame Blanche MIASNIK, 67 RUE 67 RUE DU MONTPARNASSE, 75014 PARIS
En la fonction de : Administrateur

30/12/2009

JAL

Appointment of the social representative

L'ECHO DE BROU


Société faisant objet d'une nomination : 310810486 - FIABILA, RTE DE SAINT MAMERT, Z.I DE MAINGOURNOIS, 28130 MAINTENON 
Nominé : Madame Estelle MIASNIK, 8 BOULEVARD 8 BOULEVARD DE LA TOUR MAUBOURG, 75007 PARIS
En la fonction de : PDG - Président Directeur Général

09/12/2009

Bodacc C

Comptes annuels et rapports

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

2508 - 310810486 RCS. FIABILA. Forme : Société anonyme. Adresse : Z I. de Maingournois 28130 Maintenon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

07/04/2009

Bodacc C

Comptes annuels et rapports

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

3306 - 310810486 RCS. FIABILA. Forme : Société anonyme. Adresse : Z I. de Maingournois, 28130 Maintenon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

13/03/2009

Bodacc B

Modification et mutation diverse

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

1236 - 310 810 486 RCS Chartres. FIABILA. Forme : Société anonyme. Administration : Président du conseil d'administration et Directeur général : MIASNIK Pierre. Administrateur : MIASNIK Estelle né(e) MARTIN. Administrateur : MIASNIK Alain. Commissaire aux comptes titulaire : CABINET COUTY (SARL). Commissaire aux comptes suppléant : ROCH René. 
Commentaires : Modification survenue sur l'administration.

12/03/2008

Bodacc C

Comptes annuels et rapports

28 - EURE-ET-LOIR

GREFFE DU TRIBUNAL DE COMMERCE DE CHARTRES

2779 - 310810486 RCS. FIABILA. Forme : Société anonyme. Adresse : Z I. de Maingournois, 28130 Maintenon. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2006.

03/10/2007

Bodacc B

Modifications et mutations diverses

333 - RCS Chartres B 310 810 486. RC 85-B 169. FIABILA. Forme : S.A. Adresse du siège social : Z.I. de Maingournois,, 28130 Commentaires : modification survenue sur l'administration. Administration : président du conseil d'administration : MIASNIK (Pierre) (Nom d'usage : MIASNIK). Administrateurs : MARTIN (Estelle) (Nom d'usage : MIASNIK) MIASNIK (Alain) (Nom d'usage : MIASNIK). Commissaire aux comptes titulaire : CABINET COUTY. Commissaire aux comptes suppléant : ROCH (René) (Nom d'usage : ROCH). Date d'effet : 20 août 2007.

14/04/2007

Bodacc C

Avis de dépôt des comptes

2485 - RCS Chartres B 310 810 486. RC 85-B 169. FIABILA. Forme: S.A. Adresse du siège social: Z I de Maingournois,28130 Maintenon. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

09/11/2005

Bodacc C

Avis de dépôt des comptes

2308 - RCS Chartres B 310 810 486. RC 85-B 169. FIABILA. Forme: S.A. Adresse du siège social: Z I de Maingournois,28130 Maintenon. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

15/10/2002

Bodacc B

Modifications et mutations diverses

RCS Chartres B 310810486 RC 85-B 169 FIABILA. Forme : S.A. Capital : 301 500 euros. Adresse du siège social : Z.I. de Maingournois, 28130 Maintenon. Commentaires : modification survenue sur le capital (augmentation) et l' administration. Administration : président du conseil d'administration : MIASNIK (Pierre) ( Nom d'usage : MIASNIK). Administrateurs : MARTIN ( Estelle) ( Nom d'usage : MIASNIK) MIASNIK (Alexandre) ( Nom d'usage : MIASNIK). Commissaire aux comptes titulaire : CABINET COUTY. Commissaire aux comptes suppléant : ROCH (René) ( Nom d'usage : ROCH). Date d'effet : 21 juin 2002.

18/09/2001

Bodacc B

Modifications et mutations diverses

RCS Chartres B 310810486 RC 85-B 169 FIABILA. Forme : S.A. Capital : 300 000 euros. Adresse du siège social : Z.I. de Maingournois, 28130 Maintenon. Commentaires : modification survenue sur le capital (augmentation et conversion en euros). Date d'effet : 19 juin 2001.

 

 

Company events history

 

Date

Description

27/11/2014

27/11/2014

27/11/2014

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

26/11/2014

Bodacc B: Various editing or changing

15/11/2014

14/11/2014

Bodacc C : Deposit accounts notice

13/11/2014

Minutes of general meeting of shareholders

13/11/2014

New chairman (CEO, CoB)

13/11/2014

New legal form – new category

13/11/2014

Updated articles of association

13/11/2014

Audit or Management Report

08/10/2014

Legal Gazette: Resignation / Revocation of the social representative

02/09/2014

Update of Company Legal Form

02/09/2014

Legal Gazette: Appointment of the social representative

31/12/2013

New accounts available

26/11/2013

Bodacc C : Deposit accounts notice

05/11/2013

05/11/2013

05/11/2013

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

14/10/2013

14/10/2013

08/01/2013

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

31/12/2012

New accounts available

30/11/2012

Bodacc C : Deposit accounts notice

06/02/2012

Bodacc C : Deposit accounts notice

03/02/2012

New participations in other companies

03/02/2012

New ultimate parent

03/02/2012

New parent detected

01/02/2012

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

31/12/2011

New accounts available

14/02/2011

Bodacc C : Deposit accounts notice

31/12/2010

New accounts available

03/09/2010

Updated articles of association

03/09/2010

Minutes of general meeting of shareholders

18/06/2010

Minutes of general meeting of shareholders

18/06/2010

Updated articles of association

07/03/2010

Bodacc B: Various editing or changing

15/02/2010

New chairman (CEO, CoB)

15/02/2010

Minutes of general meeting of shareholders

15/02/2010

Minutes of Board meeting

15/02/2010

Amendment

27/01/2010

Legal Gazette: Resignation / Revocation of the social representative

11/01/2010

Legal Gazette: Appointment of the social representative

06/01/2010

Collection of preferential rights activated for this company

31/12/2009

New accounts available

30/12/2009

Legal Gazette: Resignation / Revocation of the social representative

23/12/2009

Legal Gazette: Appointment of the social representative

09/12/2009

Bodacc C : Deposit accounts notice

07/04/2009

Bodacc C : Deposit accounts notice

13/03/2009

Bodacc B: Various editing or changing

25/02/2009

Amendment

25/02/2009

Minutes of Board meeting

25/02/2009

Private document

25/02/2009

Minutes of Board meeting

31/12/2008

New accounts available

12/03/2008

Bodacc C : Deposit accounts notice

31/12/2007

New accounts available

20/08/2007

Private document

20/08/2007

Minutes of general meeting of shareholders

20/08/2007

Minutes of general meeting of shareholders

20/08/2007

Changes to the Board of Directors

20/08/2007

Appointment/resignation of company officers

31/12/2006

New accounts available

31/12/2005

New accounts available

31/12/2004

New accounts available

31/12/2003

New accounts available

28/11/2003

Application and court order

28/11/2003

Extension of term

28/10/2003

Application and court order

28/10/2003

Extension of term

12/09/2002

Amendment

12/09/2002

Appointment/resignation of company officers

12/09/2002

Capital increase

12/09/2002

Minutes of general meeting of shareholders

12/09/2002

Private document

12/09/2002

Updated articles of association

12/09/2002

Changes to the Board of Directors

07/08/2001

Private document

07/08/2001

Minutes of general meeting of shareholders

07/08/2001

Conversion of equity to euro

07/08/2001

Capital increase

07/08/2001

Amendment

07/08/2001

Updated articles of association

 

 

Synthesized Accounts

 

Annual Accounts

 

31/12/2013

31/12/2012

31/12/2011

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

05/11/2014

04/11/2013

07/01/2013

Activity Code

2042Z

2042Z

2042Z

Employees

113

101

0

 

 

Active account

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

4,891,834

295.0 %

1,238,369

-4.2 %

1,292,336

83,727

5742.6 %

 Intangible assets

1,953

-17.4 %

2,363

-92.0 %

29,388

5,958

-67.2 %

 Tangible assets

4,876,002

298.4 %

1,223,917

-2.0 %

1,248,991

36,174

13379.3 %

 Financial assets

13,879

14.8 %

12,089

-13.4 %

13,957

2,696

414.8 %

Net current assets

63,103,220

33.7 %

47,196,586

23.6 %

38,183,082

505,383

12386.2 %

 Stocks

8,225,566

-5.5 %

8,701,578

15.6 %

7,524,878

118,905

6817.8 %

 Advanced payments

1,500

-94.3 %

26,356

166.9 %

9,874

0

0%

 Receivables

35,395,185

45.7 %

24,298,456

4.1 %

23,333,143

167,554

21024.6 %

 Securities and cash

19,480,969

37.5 %

14,170,196

93.7 %

7,315,187

38,275

50797.4 %

 Prepaid expenses

-

-

-

-

-

371

-

Accounts of regularization

12,777

-75.2 %

51,578

69.7 %

30,402

0

0%

Total Assets

68,007,829

40.3 %

48,486,532

22.7 %

39,505,816

629,815

10698.1 %

 

 

Passive Account

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Shareholders' equity

43,658,254

32.3 %

33,005,491

52.0 %

21,720,968

191,670

22677.8 %

Share capital

301,500

0%

301,500

0%

301,500

60,000

402.5 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

526,734

-0.5 %

529,407

159.7 %

203,834

0

0%

Liabilities

23,815,555

59.4 %

14,938,808

-15.0 %

17,568,366

313,033

7508.0 %

 Financial liabilities

9,180,078

432.6 %

1,723,684

-12.8 %

1,976,741

63,064

14456.8 %

 Advanced payments received

0

0%

0

0%

0

0

0%

 Trade account payables

12,554,013

12.4 %

11,172,308

-13.1 %

12,858,558

79,130

15765.0 %

 Tax and social liabilities

1,890,556

-2.8 %

1,945,406

2.2 %

1,903,030

100,593

1779.4 %

 Other debts and fixed assets liabilities

11,883

-74.9 %

47,302

-89.6 %

453,367

18,276

-35.0 %

Account regularization

186,310

196.0 %

62,933

-83.8 %

389,317

0

0%

Total liabilities

68,007,829

40.3 %

48,486,531

22.7 %

39,505,816

629,815

10698.1 %

 

 

Results

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of Goods

92,138,716

7.6 %

85,643,576

19.9 %

71,431,767

700,755

13048.5 %

Net turnover

89,426,385

5.8 %

84,539,110

23.1 %

68,660,219

657,495

13501.1 %

 of which net export turnover

81,208,330

15265.9 %

528,496

17.1 %

451,164

5,922

1371199.1 %

Operating charges

75,801,313

11.1 %

68,240,611

17.6 %

58,050,428

681,301

11026.0 %

Operating profit/loss

16,337,403

-6.1 %

17,402,965

30.1 %

13,381,339

18,253

89405.3 %

Financial income

147,162

22.6 %

120,081

-48.7 %

234,126

97

151613.4 %

Financial charges

348,391

35.6 %

256,847

55.2 %

165,510

2,532

13659.5 %

Financial profit/loss

-201,229

-47.1 %

-136,766

-299.3 %

68,616

-758

-26447.4 %

Pretax net operating income

16,136,174

-6.5 %

17,266,199

28.4 %

13,449,955

17,243

93481.0 %

Extraordinary income

100,770

-75.8 %

415,845

-58.5 %

1,001,918

960

10396.9 %

Extraordinary charges

212

-99.9 %

333,225

44.5 %

230,637

614

-65.5 %

Extraordinary profit/loss

100,558

21.7 %

82,620

-89.3 %

771,281

0

0%

Net result

10,652,762

-5.6 %

11,284,524

28.6 %

8,775,625

17,391

61154.5 %

 

 

Accounts – Active

 

Normal Account

 

31/12/2013

31/12/2012

31/12/2011

Months

12

12

12

 

 

Grand Total - Active Accounts (I to VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Grand Total (I to VI)

Net

68,007,829

40.3 %

48,486,532

22.7 %

39,505,816

Gross

CO

76,089,356

36.3 %

55,826,876

21.0 %

46,130,891

Amortisation

1A

8,081,527

10.1 %

7,340,344

10.8 %

6,625,075

 

 

Non declared distributed capital (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

 

Active fixed asset (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Active fixed asset (II)

Net

4,891,834

295.0 %

1,238,369

-4.2 %

1,292,336

Gross

BJ

10,525,523

61.0 %

6,536,967

4.8 %

6,240,331

Amortisation

BK

5,633,689

6.3 %

5,298,598

7.1 %

4,947,995

 

 

Intangible fixed assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

0

0%

44,856

0.0 %

44,855

Amortisation

AG

0

0%

44,856

0.0 %

44,855

Goodwill

Net

0

0%

0

0%

0

Gross

AH

0

0%

0

0%

0

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

1,953

-17.4 %

2,363

-92.0 %

29,388

Gross

AJ

158,478

43.3 %

110,566

8.2 %

102,200

Amortisation

AK

156,525

44.7 %

108,203

48.6 %

72,812

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

1,953

-17.4 %

2,363

-92.0 %

29,388

 

 

Tangilble fixed assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Lands

Net

40,935

0%

40,935

0.0 %

40,934

Gross

AN

40,935

0%

40,935

0.0 %

40,934

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

0

0%

0

0%

0

Gross

AP

127,741

0%

127,741

0%

127,741

Amortisation

AQ

127,741

0%

127,741

0%

127,741

Plant

Net

509,853

0.0 %

509,935

-10.1 %

566,993

Gross

AR

2,984,166

7.3 %

2,781,837

4.7 %

2,656,403

Amortisation

AS

2,474,313

8.9 %

2,271,902

8.7 %

2,089,410

Other tangible fixed assets

Net

486,766

-5.0 %

512,190

-6.5 %

547,803

Gross

AT

3,361,876

3.2 %

3,258,086

3.1 %

3,160,980

Amortisation

AU

2,875,110

4.7 %

2,745,896

5.1 %

2,613,177

Fixed assets in construction

Net

3,838,448

0%

0

0%

0

Gross

AV

3,838,448

0%

0

0%

0

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

0

0%

160,857

72.5 %

93,261

Gross

AX

0

0%

160,857

72.5 %

93,261

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

4,876,002

298.4 %

1,223,917

-2.0 %

1,248,991

 

 

Financial assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Associates at equity

Net

0

0%

0

0%

0

Gross

CS

0

0%

0

0%

0

Amortisation

CT

0

0%

0

0%

0

Other participations

Net

0

0%

0

0%

0

Gross

CU

0

0%

0

0%

0

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

250

0%

250

0%

250

Gross

BD

250

0%

250

0%

250

Amortisation

BE

0

0%

0

0%

0

Loans

Net

8,000

34.2 %

5,960

188.5 %

2,066

Gross

BF

8,000

34.2 %

5,960

188.5 %

2,066

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

5,629

-4.3 %

5,879

-49.5 %

11,641

Gross

BH

5,629

-4.3 %

5,879

-49.5 %

11,641

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

13,879

14.8 %

12,089

-13.4 %

13,957

 

 

Current Assets (III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Assets

Net

63,103,220

33.7 %

47,196,586

23.6 %

38,183,082

Gross

CJ

65,551,055

33.1 %

49,238,332

23.5 %

39,860,158

Amortisation

CK

2,447,835

19.9 %

2,041,746

21.7 %

1,677,076

 

 

Stocks

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Raw materials

Net

7,454,947

-2.0 %

7,609,839

48.3 %

5,130,792

Gross

BL

9,635,413

4.0 %

9,260,998

43.3 %

6,461,216

Amortisation

BM

2,180,466

32.1 %

1,651,159

24.1 %

1,330,424

Work in progress (goods)

Net

180,846

-55.7 %

408,664

131.7 %

176,374

Gross

BN

183,322

-57.1 %

427,381

35.0 %

316,684

Amortisation

BO

2,476

-86.8 %

18,717

-86.7 %

140,310

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

589,773

-13.7 %

683,075

-69.2 %

2,217,712

Gross

BR

589,773

-13.7 %

683,075

-69.2 %

2,219,103

Amortisation

BS

0

0%

0

0%

1,391

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

8,225,566

-5.5 %

8,701,578

15.6 %

7,524,878

 

 

Advance payments to suppliers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Advance payments to suppliers

Net

1,500

-94.3 %

26,356

166.9 %

9,874

Gross

BV

1,500

-94.3 %

26,356

166.9 %

9,874

Amortisation

BW

0

0%

0

0%

0

 

 

Debtors

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Trade accounts receivable

Net

19,294,072

13.2 %

17,048,840

3.6 %

16,458,761

Gross

BX

19,558,965

12.3 %

17,420,710

4.5 %

16,663,712

Amortisation

BY

264,893

-28.8 %

371,870

81.4 %

204,951

Other debtors

Net

15,502,120

121.8 %

6,988,796

8.7 %

6,427,112

Gross

BZ

15,502,120

121.8 %

6,988,796

8.7 %

6,427,112

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

34,796,192

44.8 %

24,037,636

5.0 %

22,885,873

 

 

Divers

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Investment securities

Net

11,351,661

22.2 %

9,289,965

562.8 %

1,401,660

Gross

CD

11,351,661

22.2 %

9,289,965

562.8 %

1,401,660

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

8,129,308

66.6 %

4,880,231

-17.5 %

5,913,527

Gross

CF

8,129,308

66.6 %

4,880,231

-17.5 %

5,913,527

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

19,480,969

37.5 %

14,170,196

93.7 %

7,315,187

 

 

Prepaid expenses

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid expenses

Net

598,993

129.7 %

260,820

-41.7 %

447,270

Gross

CH

598,993

129.7 %

260,820

-41.7 %

447,270

Amortisation

CI

0

0%

0

0%

0

 

 

Equalization accounts (IV to VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

12,777

-75.2 %

51,578

69.7 %

30,402

Gross

12,777

-75.2 %

51,578

69.7 %

30,402

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Grand Total (I to V)

EE

68,007,829

40.3 %

48,486,531

22.7 %

39,505,816

 

 

Shareholder Equity (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total shareholders' equity (Total I)

DL

43,658,254

32.3 %

33,005,491

52.0 %

21,720,968

Equity and shareholders' equity

DA

301,500

0%

301,500

0%

301,500

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

30,151

0%

30,151

0%

30,151

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

32,673,841

52.8 %

21,389,316

69.6 %

12,613,692

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

0

0%

0

0%

0

Profit or loss for the period

DI

10,652,762

-5.6 %

11,284,524

28.6 %

8,775,625

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

 

Other capital resources (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total other capital resources (Total II)

DO

0

0%

0

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

0

0%

0

0%

0

 

 

Provisions for risks and charges (III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total provisions for risks and charges (Total III)

DR

526,734

-0.5 %

529,407

159.7 %

203,834

Risk provisions

DP

12,777

-75.2 %

51,578

69.7 %

30,402

Reserves for charges

DQ

513,957

7.6 %

477,829

175.5 %

173,432

 

 

Liabilities (IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total Liabilities (Total IV)

EC

23,815,555

59.4 %

14,938,808

-15.0 %

17,568,366

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

7,207,095

81789.5 %

8,801

-46.5 %

16,440

Sundry loans and financial liabilities

DV

1,972,983

15.1 %

1,714,883

-12.5 %

1,960,301

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

12,554,013

12.4 %

11,172,308

-13.1 %

12,858,558

Tax and social security liabilities

DY

1,890,556

-2.8 %

1,945,406

2.2 %

1,903,030

Fixed asset liabilities

DZ

4,598

0%

0

0%

0

Other debts

EA

0

0%

34,477

-92.2 %

440,720

 

 

Translation loss (V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Translation loss (Total V)

ED

7,285

-43.2 %

12,825

1.4 %

12,647

 

 

Equalization accounts

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Deferred income

EB

186,310

196.0 %

62,933

-83.8 %

389,317

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

0

0%

0

0%

0

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

Result account

 

1 - Operating result (I-II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating result (Total I-II)

GG

16,337,403

-6.1 %

17,402,965

30.1 %

13,381,339

 

 

2 - Financial result (V-VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Financial result (Total V-VI)

GV

-201,229

-47.1 %

-136,766

-299.3 %

68,616

 

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

GW

16,136,174

-6.5 %

17,266,199

28.4 %

13,449,955

 

 

4 - Extraordinary result (VII-VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Extraordinary result (Total VII-VIII)

HI

100,558

21.7 %

82,620

-89.3 %

771,281

 

 

Profit or loss

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Profit or loss

HN

10,652,762

-5.6 %

11,284,524

28.6 %

8,775,625

 

 

Total Income (I+III+V+VII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

HL

92,386,648

7.2 %

86,179,502

18.6 %

72,667,811

 

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

HM

81,733,885

9.1 %

74,894,980

17.2 %

63,892,184

 

 

Operating income (I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating income (Total I)

FR

92,138,716

7.6 %

85,643,576

19.9 %

71,431,767

 

 

Operating income (details)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Sale of goods for resale

FC

763,517

115.8 %

353,794

60.6 %

220,295

France

FA

763,517

109.2 %

364,973

88.1 %

193,997

Export

FB

0

0%

-11,179

-142.5 %

26,298

Sale of goods produced

FF

88,302,627

5.5 %

83,707,368

23.0 %

68,028,190

France

FD

7,094,297

-91.5 %

83,176,243

1470.6 %

5,295,849

Export

FE

81,208,330

15189.9 %

531,125

746.7 %

62,732

Sale of services

FI

360,241

-24.6 %

477,948

16.1 %

411,734

France

FG

360,241

-23.3 %

469,398

846.4 %

49,600

Export

FH

0

0%

8,550

-97.6 %

362,134

Net turnover

FL

89,426,385

5.8 %

84,539,110

23.1 %

68,660,219

France

FJ

8,218,055

-90.2 %

84,010,614

1416.6 %

5,539,446

Export

FK

81,208,330

15265.9 %

528,496

17.1 %

451,164

Stocked production

FM

-337,360

76.3 %

-1,425,331

-320.4 %

646,707

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

0

0%

0

0%

0

Release of reserves and provisions

FP

2,097,244

39.8 %

1,500,544

14.0 %

1,315,731

Other income

FQ

952,447

-7.5 %

1,029,253

27.2 %

809,110

 

 

Operating charges (II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total operating charges (Total II)

GF

75,801,313

11.1 %

68,240,611

17.6 %

58,050,428

 

 

Exploitation charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Purchase of goods for resale

FS

0

0%

12,393

1662.9 %

703

Change in stocks of goods for resale

FT

-208,701

14.3 %

-243,520

0%

0

Purchase of raw materials

FU

42,098,444

3.6 %

40,639,769

17.8 %

34,506,948

Change in stocks of raw materials

FV

-165,715

93.5 %

-2,556,262

6.7 %

-2,739,722

Other external purchases and charges

FW

24,037,284

8.6 %

22,143,678

16.2 %

19,050,169

Tax, duty and similar payments

FX

1,283,654

71.3 %

749,497

29.2 %

580,184

Payroll

FY

3,954,923

13.5 %

3,484,317

5.7 %

3,297,302

Social security costs

FZ

1,597,446

3.4 %

1,544,306

18.7 %

1,301,133

 

 

Depreciation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Depreciation of fixed assets

GA

337,540

-3.7 %

350,601

2.5 %

342,050

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

2,261,212

21.6 %

1,859,069

13.9 %

1,632,129

Provisions for risks and charges

GD

266,815

47.7 %

180,686

301.5 %

45,000

 

 

Other charges

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Other charges

GE

338,411

344.8 %

76,077

120.3 %

34,532

 

 

Operating charges (III-IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

GH

0

0%

0

0%

0

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

GI

0

0%

0

0%

0

 

 

Financial income (V)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total financial income (Total V)

GP

147,162

22.6 %

120,081

-48.7 %

234,126

Share financial income

GJ

0

0%

0

0%

0

Other investment income & capitalised receivables

GK

7

-12.5 %

8

0%

0

Other interest and similar income

GL

78,333

135.3 %

33,284

-79.1 %

159,155

Released provisions and transferred charges

GM

0

0%

30,402

247.4 %

8,751

Exchange gains

GN

68,822

22.1 %

56,387

-14.8 %

66,220

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

 

Financial charge (VI)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total financial charge (Total VI)

GU

348,391

35.6 %

256,847

55.2 %

165,510

Financial reserves and provisions

GQ

12,777

-75.2 %

51,578

69.7 %

30,402

Interest and similar charges

GR

124,176

66.4 %

74,603

-11.1 %

83,931

Exchange losses

GS

211,438

61.8 %

130,666

155.3 %

51,177

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

 

Extraordinary income (VII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total extraordinary income (Total VII)

HD

100,770

-75.8 %

415,845

-58.5 %

1,001,918

Extraordinary operating income

HA

35,752

-69.1 %

115,845

-87.3 %

910,940

Extraordinary income from capital transactions

HB

15,018

-95.0 %

300,000

229.8 %

90,978

Released provisions and transferred charges

HC

50,000

0%

0

0%

0

 

 

Extraordinary charges (VIII)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total extraordinary charges (Total VIII)

HH

212

-99.9 %

333,225

44.5 %

230,637

Extraordinary operating charges

HE

0

0%

9,514

-93.5 %

147,062

Extraordinary charges from capital transactions

HF

212

-99.9 %

200,000

139.3 %

83,575

Extraordinary reserves and provisions

HG

0

0%

123,711

0%

0

 

 

Employee profit sharing (IX)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Employee profit sharing (Total IX)

HJ

611,624

-5.3 %

646,080

4.3 %

619,600

 

 

Tax on profits (X)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Tax on profits (Total X)

HK

4,972,345

-8.2 %

5,418,217

12.3 %

4,826,009

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Of which equipment leases

HP

0

0%

101,661

-1.5 %

103,171

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

0

0%

0

0%

0

Of which trader's own contributions

A2

0

0%

0

0%

0

Of which royalties on licences and patents (income)

A3

0

0%

0

0%

0

Of which royalties on licences and patents (charges)

A4

0

0%

0

0%

0

 

 

Other incomes tax return forms

 

Fixed Assets

 

Grand Total Fixed Assets (I to IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

160,857

1781.4 %

8,550

0%

0

Decreasess by transfers

OK2

10,471

-95.0 %

208,280

30.8 %

159,275

Gross value at the end of period

OL

10,525,523

61.0 %

6,536,967

4.8 %

6,240,336

 

 

Research and development Charge (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

CZ

0

0%

0

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

0

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

0

0%

0

0%

0

 

 

Other budget item from Intangible fixed assets (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

KD

155,422

5.7 %

147,057

32.3 %

111,187

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

3,057

-63.5 %

8,365

-76.7 %

35,869

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

158,479

2.0 %

155,422

5.7 %

147,056

 

 

Tangible fixed assets (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LN

6,369,457

4.8 %

6,079,320

7.8 %

5,638,305

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

4,147,228

731.6 %

498,686

-11.8 %

565,709

Decreasess by budget item transfer

NG1

160,857

1781.4 %

8,550

0%

0

Decreasess by transfers

NG2

2,661

-98.7 %

200,000

60.4 %

124,693

Gross value at the end of period

NH

10,353,167

62.5 %

6,369,456

4.8 %

6,079,321

 

 

Financial assets (Total IV)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

LQ

12,089

-13.4 %

13,958

-69.8 %

46,191

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

9,600

49.8 %

6,410

172.8 %

2,350

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

7,810

-5.7 %

8,280

-76.1 %

34,582

Gross value at the end of period

NK

13,879

14.8 %

12,088

-13.4 %

13,959

 

 

Reserve for depreciation

 

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

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

ON

0

0%

0

0%

0

Increases

OP

0

0%

0

0%

0

Decreasess

OQ

0

0%

0

0%

0

Reserve for depreciation value at the end of period

OR

0

0%

0

0%

0

 

 

Research and development charge (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

CY

0

0%

0

0%

0

Increases

PB

0

0%

0

0%

0

Decreasess

PC

0

0%

0

0%

0

Decreasess by budget item transfer

PD

0

0%

0

0%

0

 

 

Other intangible assets (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

PE

153,059

30.1 %

117,668

11.4 %

105,587

Increases

PF

3,466

-90.2 %

35,390

192.9 %

12,082

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

156,525

2.3 %

153,058

30.1 %

117,669

 

 

Total fixed assets amotisation (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Reserve for depreciation value at begin of period

QU

5,145,539

6.5 %

4,830,328

7.2 %

4,507,764

Increases

QV

334,075

6.0 %

315,211

-4.5 %

329,967

Decreases

QW

2,450

0%

0

0%

7,404

Decreasess by budget item transfer

QX

5,477,164

6.4 %

5,145,539

6.5 %

4,830,327

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value at begin of period

Z91

0

0%

0

0%

0

Increases

Z92

0

0%

0

0%

0

Depreciation of fixed assets during period

Z9

0

0%

0

0%

0

Decreasess by budget item transfer

B1

0

0%

0

0%

0

 

 

Premium refund of obligations

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Net value at begin of period

SP1

0

0%

0

0%

0

Increases

SP2

0

0%

0

0%

0

Depreciation of fixed assets during period

SP

0

0%

0

0%

0

Net value at the end of period

SR

0

0%

0

0%

0

 

 

Provisions included in balance sheet

 

Grand Total (I-II-III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

7C

2,571,153

36.7 %

1,880,912

29.1 %

1,456,651

Increases

UB

2,540,805

14.7 %

2,215,044

29.7 %

1,707,531

Decreases

UC

2,137,386

40.2 %

1,524,803

18.8 %

1,283,270

Value at the end of period

UD

2,974,572

15.7 %

2,571,153

36.7 %

1,880,912

 

 

Includes Total allocations

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating

UE

0

0%

2,039,755

21.6 %

1,677,129

Financial

UG

0

0%

51,578

69.7 %

30,402

Exceptional

UJ

0

0%

123,711

0%

0

 

 

Includes Total Withdrawal

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Operating

UF

0

0%

1,494,401

17.3 %

1,274,519

Financial

UH

0

0%

30,402

247.4 %

8,751

Exceptional

UK

0

0%

0

0%

0

 

 

Total regulated provisions (Total I)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

 

 

Total risk and charge provisions (Total II)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

5Z

529,407

159.7 %

203,834

-62.6 %

544,764

Increases

TV

279,592

-21.5 %

355,975

372.1 %

75,402

Decreases

TW

282,264

828.4 %

30,402

-92.7 %

416,332

Value at the end of period

TX

526,735

-0.5 %

529,407

159.7 %

203,834

 

 

Total Provision for depreciation (Total III)

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Value at begining of period

7B

2,041,746

21.7 %

1,677,078

83.9 %

911,888

Increases

TY

2,261,213

21.6 %

1,859,069

13.9 %

1,632,129

Decreases

TZ

1,855,121

24.1 %

1,494,401

72.4 %

866,938

Value at the end of period

UA

2,447,838

19.9 %

2,041,746

21.7 %

1,677,079

 

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Gross value

VT

35,673,706

44.5 %

24,686,768

4.8 %

23,551,795

1 year at most

VU

35,673,706

44.6 %

24,674,929

4.8 %

23,538,087

More than one year

VV

0

0%

11,839

-13.6 %

13,708

 

 

State of loans

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

8,000

34.2 %

5,960

188.3 %

2,067

Loans (1 year at most)

UR

8,000

0%

0

0%

0

Other financial assets (gross)

UT

5,629

-4.3 %

5,879

-49.5 %

11,642

Other financial assets (1 year at most)

UV

5,629

0%

0

0%

0

 

 

Receivables statement of assets

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Customers doubtful or disputed

VA

296,142

-34.1 %

449,614

118.4 %

205,864

Other claims customer

UX

19,262,823

13.5 %

16,971,096

3.1 %

16,457,849

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

2,062

137.0 %

870

-39.4 %

1,436

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

2,410,555

77.4 %

1,359,148

-48.3 %

2,629,312

Other taxes and payments assimilated

VN

0

0%

2,648

0%

0

State and other public - Miscellaneous

VP

5,375

0%

0

0%

0

Group and Associates

VC

12,752,903

139.2 %

5,330,866

0%

0

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

VR

331,225

10.5 %

299,868

-92.1 %

3,796,356

 

 

Prepaid

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Prepaid

VS

598,993

129.7 %

260,820

-41.7 %

447,270

 

 

State Debt

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Total debt (gross)

VY

23,815,556

59.4 %

14,943,413

-14.9 %

17,568,368

1 year at most

VZ2

17,988,877

20.4 %

14,943,413

-14.9 %

17,568,368

More than 1 year and 5 years at most

VZ3

5,826,679

0%

0

0%

0

More than 5 years

VZ4

0

0%

0

0%

0

 

 

Details

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

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

7,095

0%

0

0%

16,440

1 year at most

VG2

7,095

0%

0

0%

16,440

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

7,200,000

81708.9 %

8,801

0%

0

1 year at most

VH2

1,373,321

15504.1 %

8,801

0%

0

More than 1 year and 5 years at most

VH3

5,826,679

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

1,361,890

32.0 %

1,031,773

-47.4 %

1,960,301

1 year at most

8A2

1,361,890

32.0 %

1,031,773

-47.4 %

1,960,301

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

12,554,013

12.4 %

11,172,308

-13.1 %

12,858,558

1 year at most

8B2

12,554,013

12.4 %

11,172,308

-13.1 %

12,858,558

More than 1 year and 5 years at most

8B3

12,554,013

12.4 %

11,172,308

-13.1 %

12,858,558

Personnel and associated accounts (gross)

8C1

1,007,909

2.7 %

981,155

18.7 %

826,387

1 year at most

8C2

1,007,909

2.7 %

981,155

18.7 %

826,387

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

721,489

5.8 %

682,196

54.2 %

442,364

1 year at most

8D2

721,489

5.8 %

682,196

54.2 %

442,364

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

177

-99.6 %

44,398

-84.3 %

283,146

1 year at most

VW2

177

-99.6 %

44,398

-84.3 %

283,146

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

160,981

-32.3 %

237,657

-32.3 %

351,134

1 year at most

VQ2

160,981

-32.3 %

237,657

-32.3 %

351,134

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

4,598

0%

0

0%

0

1 year at most

8J2

4,598

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

611,093

-10.5 %

683,110

0%

0

1 year at most

VI2

611,093

-10.5 %

683,110

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

0

0%

39,082

-91.1 %

440,720

1 year at most

8K2

0

0%

39,082

-91.1 %

440,720

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

186,310

196.0 %

62,933

-83.8 %

389,318

1 year at most

8L2

186,310

196.0 %

62,933

-83.8 %

389,318

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

 

References

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Loans made during the period

VJ

7,200,000

0%

0

0%

420,642

Debt repaid during the period

VK

0

0%

0

0%

292,295

 

 

Table allocation results and other information

 

Dividends distributed

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Dividends

ZE

0

0%

0

0%

0

 

 

Commitments

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Commitments leasing furniture

YQ

154,349

-48.8 %

301,401

-88.4 %

2,593,146

Commitments Real Estate Leasing

YR

649,317

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

 

 

Other charges Externes

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Subcontracting

YT

16,124,166

0%

0

0%

0

Rentals, rental charges and condominiums

XQ

264,261

0%

0

0%

0

Staff outside the company

YU

978,260

0%

0

0%

0

Remuneration intermediaries and fees (excluding fees)

SS

379,547

0%

0

0%

0

Fees, commissions and brokerage

YV

801,425

0%

0

0%

0

Other accounts

ST

5,489,625

0%

0

0%

0

Total Other purchases and external

ZJ

24,037,284

0%

0

0%

0

 

 

Taxes and Fees

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Business tax

YW

663,414

0%

0

0%

0

Other taxes and payments assimilated

9Z

620,240

0%

0

0%

0

Total taxes and fees

YX

1,283,654

0%

0

0%

0

 

 

VAT

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Amount VAT collected

YY

972,702

0%

0

0%

0

Total VAT on goods and services

YZ

8,116,511

0%

0

0%

0

 

 

Average number of employees

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Average number of employees

YP

113

11.9 %

101

0%

0

 

 

Groups and Shareholders

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Fixed Asset Financing

5.61

-9.5 %

6.20

34.2 %

4.62

1.89

196.8 %

Global Debt

96 days

50.0 %

64 days

-30.4 %

92 days

150 days

-36.0 %

Working Capital Fund overall net

195 days

34.5 %

145 days

21.8 %

119 days

103 days

89.3 %

Financial independence

475.58 %

-75.2 %

1,914.82 %

74.3 %

1,098.83 %

156.85 %

203.2 %

Solvability

64.20 %

-5.7 %

68.07 %

23.8 %

54.98 %

40.37 %

59.0 %

Capacity debt futures

3,162.69 %

-99.2 %

375,019.78 %

183.8 %

132,122.68 %

1,409.14 %

124.4 %

Coverage of current assets by net working capital overall

63.53 %

8.8 %

58.39 %

5.4 %

55.39 %

51.50 %

23.4 %

General Liquidity

1.98

20.0 %

1.65

23.1 %

1.34

0.60

230.0 %

Restricted Liquidity

3.07

18.1 %

2.60

47.7 %

1.76

0.92

233.7 %

 

 

Management or rotation

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Need background in operating working capital

115 days

36.9 %

84 days

5.0 %

80 days

70 days

64.3 %

Treasury

78 days

30.0 %

60 days

57.9 %

38 days

8 days

875.0 %

Inventory turnover of goods

0 days

0%

0 days

0%

0 days

28 days

0%

Average length of credit granted to customers

78 days

5.4 %

74 days

-14.9 %

87 days

57 days

36.8 %

Average length of credit obtained suppliers

61 days

-9.0 %

67 days

-26.4 %

91 days

62 days

-1.6 %

Inventory turnover of raw materials in industrial enterprises

82 days

0%

82 days

22.4 %

67 days

144 days

-43.1 %

Inventory turnover of intermediate and finished products in the industrial enterprise

864 days

-34.9 %

1,327 days

17.5 %

1,129 days

462 days

87.0 %

Rotation tangible assets

863.76 %

-34.9 %

1,327.26 %

17.5 %

1,129.41 %

505.18 %

71.0 %

 

 

Profitability of the business

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Margin trading

1.09 %

58.0 %

0.69 %

115.6 %

0.32 %

0.00 %

0%

Profitability of the business

18.44 %

-10.1 %

20.51 %

5.8 %

19.39 %

5.69 %

224.1 %

Net profit

11.91 %

-10.8 %

13.35 %

4.5 %

12.78 %

2.74 %

334.7 %

Growth rate of turnover (excluding VAT)

5.78 %

-75.0 %

23.13 %

-54.1 %

50.39 %

1.99 %

190.5 %

Rates integration

26.09 %

-4.6 %

27.35 %

1.6 %

26.93 %

29.03 %

-10.1 %

Rate leasing furniture

0.00 %

0%

0.12 %

-20.0 %

0.15 %

0.00 %

0%

Work Factor

23.80 %

9.4 %

21.75 %

-12.5 %

24.87 %

65.23 %

-63.5 %

Weight interests

0.39 %

30.0 %

0.30 %

25.0 %

0.24 %

0.38 %

2.6 %

 

 

Return on capital

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Cash flow from the overall profitability

12.29 %

2.0 %

12.05 %

5.3 %

11.44 %

4.88 %

151.8 %

Rates of economic profitability

31.00 %

-38.0 %

50.00 %

-10.7 %

56.00 %

13.00 %

138.5 %

Financial profitability

43,658,254.00 %

32.3 %

33,005,491.00 %

52.0 %

21,720,968.00 %

158,945.00 %

27367.5 %

Return on investment

20.82 %

-37.3 %

33.23 %

-11.9 %

37.73 %

7.91 %

163.2 %

 

 

Management intermediate balances

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Turnover

89,426,385

5.8 %

84,539,110

23.1 %

68,660,219

657,495

13501.1 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sales of goods

763,517

115.8 %

353,794

60.6 %

220,295

-

- Purchase of goods

0

0%

12,393

1662.9 %

703

-

+/- Stock of goods variation

-208,701

14.3 %

-243,520

0%

0

-

Trading margin

972,218 €

66.2 %

584,921 €

166.4 %

219,592 €

0 €

0%

1.09 % CA

58.0 %

0.69 % CA

115.6 %

0.32 % CA

0.00 % CA

0%

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Sale of goods produced

88,662,868

5.3 %

84,185,316

23.0 %

68,439,924

-

+/- Stocked production

-337,360

76.3 %

-1,425,331

-320.4 %

646,707

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

88,325,508 €

6.7 %

82,759,985 €

19.8 %

69,086,631 €

341,294 €

25779.6 %

98.77 % CA

0.9 %

97.90 % CA

-2.7 %

100.62 % CA

99.18 % CA

-0.4 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Trading margin

972,218

66.2 %

584,921

166.4 %

219,592

0

0%

+ Period Production

88,325,508

6.7 %

82,759,985

19.8 %

69,086,631

341,294

25779.6 %

- Purchase of raw materials

42,098,444

3.6 %

40,639,769

17.8 %

34,506,948

-

+/- Change in stocks of raw materiels

-165,715

93.5 %

-2,556,262

6.7 %

-2,739,722

-

- Other external purchases and charges

24,037,284

8.6 %

22,143,678

16.2 %

19,050,169

-

Added value

23,327,713 €

0.9 %

23,117,721 €

25.0 %

18,488,828 €

203,530 €

11361.6 %

26.09 % CA

-4.6 %

27.35 % CA

1.6 %

26.93 % CA

29.03 % CA

-10.1 %

 

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Added value

23,327,713 €

0.9 %

23,117,721 €

25.0 %

18,488,828 €

203,530 €

11361.6 %

+ Operating grants

0

0%

0

0%

0

-

- Tax, duty and similar payments

1,283,654

71.3 %

749,497

29.2 %

580,184

-

- Personal charges

5,552,369

10.4 %

5,028,623

9.4 %

4,598,435

-

Gross operating surplus

16,491,690 €

-4.9 %

17,339,601 €

30.3 %

13,310,209 €

29,649 €

55523.1 %

18.44 % CA

-10.1 %

20.51 % CA

5.8 %

19.39 % CA

5.69 % CA

224.1 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Gross operating surplus

16,491,690 €

-4.9 %

17,339,601 €

30.3 %

13,310,209 €

29,649 €

55523.1 %

+ Release of reserves and provisions

2,097,244

39.8 %

1,500,544

14.0 %

1,315,731

-

+ Other operating income

952,447

-7.5 %

1,029,253

27.2 %

809,110

-

- Depreciation/ Amortisation

2,865,567

19.9 %

2,390,356

18.4 %

2,019,179

-

- Other charges

338,411

344.8 %

76,077

120.3 %

34,532

-

Operating result

16,337,403 €

-6.1 %

17,402,965 €

30.1 %

13,381,339 €

18,252 €

89410.2 %

18.27 % CA

-11.3 %

20.59 % CA

5.6 %

19.49 % CA

3.32 % CA

450.3 %

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Operating result

16,337,403 €

-6.1 %

17,402,965 €

30.1 %

13,381,339 €

18,252 €

89410.2 %

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

0

0%

0

0%

0

-

+ Financial income

147,162

22.6 %

120,081

-48.7 %

234,126

-

- Financial charges

348,391

35.6 %

256,847

55.2 %

165,510

-

Pre-tax result

16,136,174 €

-6.5 %

17,266,199 €

28.4 %

13,449,955 €

17,243 €

93481.0 %

18.04 % CA

-11.7 %

20.42 % CA

4.2 %

19.59 % CA

2.99 % CA

503.3 %

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Extraordinary income

100,770

-75.8 %

415,845

-58.5 %

1,001,918

960

10396.9 %

- Extraordinary charges

212

-99.9 %

333,225

44.5 %

230,637

-

Extraordinary result

100,558 €

21.7 %

82,620 €

-89.3 %

771,281 €

0 €

0%

0.11 % CA

10.0 %

0.10 % CA

-91.1 %

1.12 % CA

0.00 % CA

0%

 

 

 

31/12/2013

Variation

31/12/2012

Variation

31/12/2011

SECTOR MEDIAN 2013

Pre-tax result

16,136,174 €

-6.5 %

17,266,199 €

28.4 %

13,449,955 €

17,243 €

93481.0 %

Extraordinary result

100,558 €

21.7 %

82,620 €

-89.3 %

771,281 €

0 €

0%

- Employee profit sharing

611,624

-5.3 %

646,080

4.3 %

619,600

-

- Tax on profits

4,972,345

-8.2 %

5,418,217

12.3 %

4,826,009

-

Net result

10,652,763 €

-5.6 %

11,284,522 €

28.6 %

8,775,627 €

17,390 €

61158.0 %

11.91 % CA

-10.8 %

13.35 % CA

4.5 %

12.78 % CA

2.74 % CA

334.7 %

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.66.44

UK Pound

1

Rs.102.41

Euro

1

Rs.75.05

 

 

INFORMATION DETAILS

 

Analysis Done by :

TRI

 

 

Report Prepared by :

ANK

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

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

 

Unlimited

71-85

Aa

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

 

Large

56-70

A

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

 

Fairly Large

41-55

Ba

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

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

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

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

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

 

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

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

 

 

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

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