|
|
|
MIRA INFORM REPORT
|
Report No. : |
505433 |
|
Report Date : |
28.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
HABIDECOR-INDUSTRIA
TEXTIL PARA HABITACAO SA |
|
|
|
|
Registered Office : |
Zona Industrial De Mundão, 3505-459-Viseu, Viseu |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
28.07.1977 |
|
|
|
|
Legal Form : |
Joint
Stock Company |
|
|
|
|
Line of Business : |
Manufacture
of Carpets and Rugs. |
|
|
|
|
No. of Employees : |
144 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Good |
|
|
|
|
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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Portugal |
B1 |
B1 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
PORTUGAL - ECONOMIC OVERVIEW
Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members.
The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. After the global financial crisis in 2008, Portugal’s economy contracted in 2009 and fell into recession from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Portugal successfully exited its EU-IMF program in May 2014, and its economic recovery gained traction in 2015 because of strong exports and a rebound in private consumption. GDP growth accelerated in 2016, and probably reached 2.5 % in 2017. Unemployment remained high, at 9.7% in 2017, but has improved steadily since peaking at 18% in 2013.
The center-left minority Socialist government has unwound some unpopular austerity measures while managing to remain within most EU fiscal targets. The budget deficit fell from 11.2% of GDP in 2010 to 1.8% in 2017, the country’s lowest since democracy was restored in 1974, and surpassing the EU and IMF projections of 3%. Portugal exited the EU’s excessive deficit procedure in mid-2017.
|
Source
: CIA |
Company
name
HABIDECOR-INDUSTRIA
TEXTIL PARA HABITACAO SA
FINANCIAL
HIGHLIGHTS
|
|
2014 |
2015 |
2016 |
|
Net
Sales |
11.737.329,27 |
12.527.495,51 |
11.878.882,18 |
|
Net
income for the year |
1.626.008,72 |
1.508.490,06 |
966.622,19 |
|
Shareholders
funds |
9.057.750,86 |
10.564.003,17 |
11.529.956,21 |
|
Stocks |
3.604.072,57 |
4.144.773,60 |
4.711.222,45 |
|
Liability |
5.593.473,09 |
3.095.351,39 |
4.940.811,65 |
|
Assets |
14.651.223,95 |
13.659.354,56 |
16.470.767,86 |
SUMMARY
|
Legal
Form |
Joint
Stock Company |
|
Constitution |
28-07-1977 |
|
V.A.T.
Number / NIF |
500692904 |
|
Employees |
144 |
|
Capital |
2.000.000,00 |
|
Sales in : 31-12-2016 |
11.878.882,18 |
|
Shareholders Funds
in: 31-12-2016 |
11.529.956,21 |
|
Actual
Condition |
In
activity |
|
Import/Export |
Sim
/ Sim |
TAX SITUATION
On
this date the subject is Not registered in the debtors list of the tax
authorities
CONTRIBUTIVE
SITUATION (SOCIAL SECURITY)
At
present date, the company is not in Social Security debt list
INSOLVENCIES /
REVITALIZATION PROCESSES
NO
SUMMARY OF CLAIMS
(LAST 5 YEARS)
|
YEAR |
QUANTITY |
TOTAL |
|
|
|
€ |
|
2017 |
1 |
30.000,01 |
|
Total |
1 |
30.000,01 |
IDENTIFICATION
|
Name |
HABIDECOR-INDUSTRIA
TEXTIL PARA HABITACAO SA |
|
Trust
Nº. |
89270 |
|
V.A.T.
Number / NIF |
500692904 |
|
Address |
ZONA
INDUSTRIAL DE MUNDÃO |
|
Postal
Code |
3505-459-VISEU |
|
Municipality |
VISEU |
|
District |
VISEU |
|
Country |
Portugal |
|
Telephone |
232929200 |
|
Fax |
232929209 |
|
E-Mail |
|
|
Web
Site |
|
|
CAE
Main |
13930-
Manufacture of carpets and rugs |
GOVERNING
BODIES
|
Board of Director's |
|
|
CELSO
DE LEMOS ESTEVES |
Board
of Director's President |
|
FERNANDO
AIRES MOITA LOPES RODRIGUES RODRIGUES |
Board
of Director's Member |
|
VITOR
MANUEL CARVALHO GOMES |
Board
of Director's Member |
Fiscal Board
|
VITOR CAMPOS & JOSE PEREIRA, SROC LDA |
Unique Fiscal |
|
JOSE ANTONIO MARQUES PEREIRA |
Fiscal Board Substitute |
LEGAL
STRUCTURE
Registed on the Register Record Office of
Viseu with the Register Number 500692904 previous number 805 in 12-11-1977
Constitution celebrated in 28-07-1977
Published on Diário da República number 191 of 19-08-1977
To oblige the company it is necessary 2
signature
CHANGES
TO SOCIETY
In 25-07-2017 on Portal MJ of 25-07-2017
annual financial statements
In 27-07-2016 on Portal MJ of 27-07-2016
annual financial statements
In 26-11-2015 on Portal MJ of 26-11-2015
board of director's change
In 17-07-2015 on Portal MJ of 17-07-2015
annual financial statements
In 17-07-2014 on Portal MJ of 17-07-2014 annual
financial statements
In 19-07-2013 on Portal MJ of 19-07-2013
annual financial statements
In 17-07-2012 on Portal MJ of 17-07-2012
annual financial statements
In 24-05-2012 on Portal MJ of 24-05-2012
board of director's change
In 07-03-2008 on Portal MJ of 07-03-2008
board of director's change
In 21-06-2004 on Diário da República number
222 of 20-09-2004 board of director's change
CAPITAL
The
Capital is 2.000.000,00 with the following shareholders
|
GINADO-PRODUCAO E COMERCIALIZACAO DE TEXTEIS
SA |
1.925.000,00 |
96,25% |
BIOGRAPHIES
|
Name |
CELSO DE LEMOS ESTEVES |
|
Funtion |
Board of Director's President |
|
Historical of Professional Connections and Participations |
The subject had links with the following
company(ies): SOFTGEST-INFORMATICA E GESTAO LDA. GINADO-PRODUCAO E COMERCIALIZACAO DE
TEXTEIS SA como Accionista. |
|
Links to others companies |
The subject has connections with the
following company (ies) QUINTA DE LEMOS-PRODUCAO E COMERCIALIZACAO DE
VINHOS SA as Board of Director's President . |
|
|
|
|
Name |
FERNANDO AIRES MOITA LOPES RODRIGUES
RODRIGUES |
|
Funtion |
Board of Director's Member |
|
Name |
VITOR MANUEL CARVALHO GOMES |
|
Funtion |
Board of Director's Member |
SHAREHOLDERS
/ PARTNERS COMPANIES
|
Trust Nº. |
463603 |
|
NAME |
GINADO-PRODUCAO E COMERCIALIZACAO DE
TEXTEIS SA |
|
Address |
ZONA INDUSTRIAL - ADIÇA |
|
Locality |
3460-321 TONDELA |
|
Country |
PORTUGAL |
|
Funtion |
Shareholder |
|
Telephone |
232819270 |
|
Fax |
232819271 |
|
E-Mail |
geral@ginado.com |
|
C.A.E. |
13920- Manufacture of made-up textile
articles, except apparel |
ACTIVITIES
|
Main CAE |
13930- Manufacture of carpets and rugs |
BUSINESS
DESCRIPTION
|
Rugs and carpets |
|
Type of Clients |
Retailers/Wholesalers |
|
Sales Conditions |
Cash/credit |
GEOGRAPHIC
DISTRIBUTION OF SALES
|
|
INTERNAL
MARKET |
|
INTERNATIONAL
MARKET |
|
|||
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
294.845,93 |
2,48% |
4.024.576,44 |
33,88% |
7.559.459,81 |
63,64% |
11.878.882,18 |
|
2015 |
271.092,44 |
2,16% |
3.991.589,18 |
31,86% |
8.264.813,89 |
65,97% |
12.527.495,51 |
|
2014 |
239.931,66 |
2,04% |
3.967.313,19 |
33,80% |
7.530.084,42 |
64,16% |
11.737.329,27 |
|
2013 |
253.986,83 |
2,16% |
3.708.700,70 |
31,56% |
7.787.262,13 |
66,27% |
11.749.949,66 |
|
2012 |
289.430,75 |
2,63% |
3.579.775,62 |
32,51% |
7.141.241,33 |
64,86% |
11.010.447,70 |
GEOGRAPHIC
DISTRIBUTION OF PURCHASES
|
|
INTERNAL
MARKET |
|
INTERNATIONAL
MARKET |
|
|
||
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
6.110.606,60 |
70,32% |
1.011.087,96 |
11,64% |
1.568.323,48 |
18,05% |
8.690.018,04 |
|
2015 |
5.779.193,39 |
65,11% |
949.881,93 |
10,70% |
2.146.409,90 |
24,18% |
8.875.485,22 |
|
2014 |
5.663.212,52 |
73,98% |
930.947,64 |
12,16% |
1.060.815,45 |
13,86% |
7.654.975,61 |
|
2013 |
5.050.328,21 |
63,48% |
1.005.637,62 |
12,64% |
1.899.846,13 |
23,88% |
7.955.811,96 |
|
2012 |
4.635.952,04 |
64,18% |
1.375.009,30 |
19,04% |
1.212.405,27 |
16,78% |
7.223.366,61 |
TRADE MARKS
Habidecor
BANKS
AND FINANCIAL INSTITUTIONS
|
BANCO SANTANDER TOTTA SA |
VISEU |
|
MILLENNIUM BCP |
VISEU NEGOCIOS |
|
CAIXA GERAL DE DEPOSITOS, SA |
VISEU |
|
BANCO SANTANDER TOTTA SA |
VISEU |
INCIDENTS
INSOLVENCIES / REVITALIZATION
PROCESSES
NO
TAX SITUATION
On
this date the subject is not registered in the debtors list of the tax
authorities
CONTRIBUTIVE
SITUATION (SOCIAL SECURITY)
At
present date, the company is not in Social Security debt list
SUMMARY OF CLAIMS
(LAST 5 YEARS)
|
YEAR |
QUANTITY |
TOTAL
€ |
|
2017 |
1 |
30.000,01 |
|
Total |
1 |
30.000,01 |
LEGAL ACTIONS
|
Date |
29-06-2017 |
|
Process |
265/17.9YHLSB |
|
Author |
Joao Paulo Lopes Gouveia |
|
Type |
Common Process Action |
|
Amount |
30.000,01 |
|
Judicial District |
Lisboa - Tribunal da Propriedade
Intelectual |
EMPLOYEES
|
YEAR |
TOTAL |
MEN |
|
WOMEN |
|
|
2016 |
144 |
42 |
29% |
102 |
71% |
|
2015 |
138 |
40 |
29% |
98 |
71% |
|
2014 |
135 |
39 |
29% |
96 |
71% |
|
2013 |
130 |
35 |
27% |
95 |
73% |
|
2012 |
131 |
36 |
27% |
95 |
73% |
INSURANCE
Company
of Insurance Açoreana SA
HEAD
OFFICE AND INSTALLATIONS
Had installations na Avenida Dr.António José
Almeida, 263/265, 3500, VISEU
Has head office ZONA INDUSTRIAL DE MUNDÃO, 3505-459,
VISEU
FINANCIAL
DEMONSTRATION SNC
BALANCE
SHEET SNC
|
COINEUROS |
|
|
|
YEAR:2016 |
|
|
2016 |
2015 |
2014 |
%
VAR. 2016/15 |
|
ASSET |
|
|
|
|
|
NON-CURRENT ASSETS |
|
|
|
|
|
Tangible fixed assets |
5.050.001,69 |
2.354.510,35 |
2.250.034,21 |
114,48% |
|
Investment properties |
- |
- |
- |
- |
|
Goodwill |
- |
- |
- |
- |
|
Intangible assets |
- |
- |
- |
- |
|
Biological assets |
- |
- |
- |
- |
|
Financial participations - patrimonial
equity method |
- |
- |
- |
- |
|
Financial participations - other methods |
25.445,97 |
25.747,63 |
26.004,49 |
(1,17)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other financial assets |
- |
1.498,04 |
510,81 |
- |
|
Deferred tax assets |
260.780,17 |
686,52 |
1.584,58 |
37.885,81% |
|
Financial investments(exclusive use by
small entities and micro entities) |
- |
- |
- |
- |
|
Total |
5.336.227,83 |
2.382.442,54 |
2.278.134,09 |
123,98% |
|
CURRENT
ASSETS |
|
|
|
|
|
Inventories |
4.711.222,45 |
4.144.773,60 |
3.604.072,57 |
13,67% |
|
Biological assets |
- |
- |
- |
- |
|
Costumers |
2.886.874,79 |
2.863.802,59 |
2.708.885,10 |
0,81% |
|
Advances to suppliers |
58.547,07 |
247.130,99 |
45.268,92 |
(76,31)% |
|
State and other public entities |
519.661,45 |
559.695,64 |
409.185,48 |
(7,15)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other accounts receivable |
189.503,74 |
203.901,07 |
150.008,35 |
(7,06)% |
|
Deferrals |
115.204,86 |
63.292,62 |
79.304,09 |
82,02% |
|
Financial assets held for trading |
74.181,48 |
70.345,61 |
73.475,11 |
5,45% |
|
Other financial assets |
- |
- |
- |
- |
|
Non-current assets held for sale |
- |
- |
- |
- |
|
Other current assets |
- |
- |
- |
- |
|
Cashier and bank deposits |
2.579.344,19 |
3.123.969,90 |
5.302.890,24 |
(17,43)% |
|
Total |
11.134.540,03 |
11.276.912,02 |
12.373.089,86 |
(1,26)% |
|
TOTAL
ASSET |
16.470.767,86 |
13.659.354,56 |
14.651.223,95 |
20,58% |
SHAREHOLDERS FUNDS
AND LIABILITIES SHAREHOLDERS FUNDS
|
Capital |
2.000.000,00 |
2.000.000,00 |
2.000.000,00 |
- |
|
Own shares |
- |
- |
- |
- |
|
Other shareholders funds instruments |
- |
- |
- |
- |
|
Emission premiuns |
- |
- |
- |
- |
|
Legal reserves |
643.286,32 |
567.861,82 |
494.236,83 |
13,28% |
|
Other reserves |
5.542.971,07 |
4.568.153,14 |
3.942.971,07 |
21,34% |
|
Net retained |
2.339.136,92 |
1.906.071,36 |
953.687,63 |
22,72% |
|
Adjustments on financial assets |
- |
- |
- |
- |
|
Revaluation surplus |
25.182,07 |
- |
25.182,07 |
- |
|
Other shareholders funds changes |
12.757,64 |
13.426,79 |
15.664,54 |
(4,98)% |
|
Total |
10.563.334,02 |
9.055.513,11 |
7.431.742,14 |
16,65% |
|
Net income for the period |
966.622,19 |
1.508.490,06 |
1.626.008,72 |
(35,92)% |
|
Antecipated dividends |
- |
- |
- |
- |
|
TOTAL
OF SHAREHOLDERS FUNDS |
11.529.956,21 |
10.564.003,17 |
9.057.750,86 |
9,14% |
|
LIABILITY |
|
|
|
|
|
NON-CURRENT
LIIABILITIES |
|
|
|
|
|
Provisions |
- |
- |
- |
- |
|
Financing obtained |
1.592.249,56 |
1.013.068,49 |
1.393.157,68 |
57,17% |
|
Responsability for post-employment
beneficts |
- |
- |
- |
- |
|
Diferred taxes liabilities |
7.177,67 |
8.407,69 |
12.955,47 |
(14,63)% |
|
Other payable accounts |
3.703,84 |
3.898,11 |
- |
(4,98)% |
|
Total |
1.603.131,07 |
1.025.374,29 |
1.406.113,15 |
56,35% |
|
CURRENT
LIABILITIES |
|
|
|
|
|
Suppliers |
1.649.498,59 |
1.116.274,37 |
824.060,22 |
47,77% |
|
Advances from costumers |
67.646,01 |
12.631,67 |
29.453,98 |
435,53% |
|
State and other public entities |
97.052,97 |
80.490,95 |
153.842,54 |
20,58% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Financing obtained |
975.511,60 |
379.782,00 |
2.702.123,04 |
156,86% |
|
Other payable accounts |
547.971,41 |
480.798,11 |
477.880,16 |
13,97% |
|
Deferrals |
- |
- |
- |
- |
|
Financial liabilities held for trading |
- |
- |
- |
- |
|
Other financial liabilities |
- |
- |
- |
- |
|
Non-current liabilities held for sale |
- |
- |
- |
- |
|
Other current liabilities |
- |
- |
- |
- |
|
Total |
3.337.680,58 |
2.069.977,10 |
4.187.359,94 |
61,24% |
|
TOTAL
LIABILITIES |
4.940.811,65 |
3.095.351,39 |
5.593.473,09 |
59,62% |
|
TOTAL SHAREHOLDERS
FUNDS AND LIABILITIES |
16.470.767,86 |
13.659.354,56 |
14.651.223,95 |
20,58% |
INCOME
STATEMENT
|
INCOME
AND EXPENSES |
|
|
|
|
|
Sales and services |
11.878.882,18 |
12.527.495,51 |
11.737.329,27 |
(5,18)% |
|
Operating government grants |
750,00 |
1.241,56 |
7.379,35 |
(39,59)% |
|
Gains/losses allocated subsidiaries,
associates and joint ventures |
- |
- |
- |
- |
|
Variation in production inventories |
568.617,23 |
122.457,21 |
62.568,09 |
364,34% |
|
Work for the entity itself |
- |
- |
- |
- |
|
Cost of goods sold and materials consumed |
3.789.705,71 |
3.992.131,60 |
3.748.393,12 |
(5,07)% |
|
Suppliers and external services |
4.905.819,05 |
4.469.140,50 |
4.336.967,13 |
9,77% |
|
Personnel costs |
2.467.953,66 |
2.419.939,94 |
2.231.853,53 |
1,98% |
|
Impairment of inventories
(losses/revearsals) |
(6.678,52) |
(5.537,80) |
79.028,70 |
20,60% |
|
Impairment of receivables
(losses/revearsals) |
3.774,35 |
(14.125,49) |
7.374,59 |
(126,72)% |
|
Provisions (increases/reductions) |
- |
- |
- |
- |
|
Impairment of investments not
depreciable/amortizable (losses/reversals) |
676,23 |
112,71 |
1.539,60 |
499,97% |
|
Other
impairments (losses/reversals) /impairments (losses/reversals) (exclusive use
by small entities and microentities) |
- |
- |
- |
- |
|
Increases/decreases in fair value |
3.835,87 |
(3.129,50) |
678,68 |
(222,57)% |
|
Other income and gains |
477.114,25 |
1.000.332,98 |
1.528.719,90 |
(52,30)% |
|
Other expenses and losses |
482.251,23 |
486.963,76 |
382.442,24 |
(0,97)% |
|
Result before depreciation, financing
costs and taxes |
1.285.697,82 |
2.299.772,54 |
2.549.076,38 |
(44,09)% |
|
Expenses/reversals of depreciation and
amortization |
372.957,53 |
358.097,13 |
306.216,76 |
4,15% |
|
Impairment of investments
depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Operating result (before financing
costs and taxes) |
912.740,29 |
1.941.675,41 |
2.242.859,62 |
(52,99)% |
|
Interest and similar income obtained |
3.410,11 |
6.773,30 |
35.072,78 |
(49,65)% |
|
interest and similar expenses incurred |
53.273,39 |
57.776,48 |
143.147,07 |
(7,79)% |
|
Net before taxes |
862.877,01 |
1.890.672,23 |
2.134.785,33 |
(54,36)% |
|
Income tax of the period |
(103.745,18) |
382.182,17 |
508.776,61 |
(127,15)% |
|
Net profit for the period |
966.622,19 |
1.508.490,06 |
1.626.008,72 |
(35,92)% |
|
Results of discontinued operations (net of taxes)
included in the net income of the period |
- |
- |
- |
- |
RATIOS
SNC
|
YEAR |
2016 |
2015 |
2014 |
|
Shareholder's Funds Profitability (Net
Income / Shareholders Funds) (%) |
8,38 |
14,28 |
17,95 |
|
Return on Assets (Operating Result / Total Asset)(%) |
5,54 |
14,21 |
15,31 |
|
Sales Net Profitability (Net Income /
Sales) (%) |
8,14 |
12,04 |
13,85 |
|
EFFICIENCY RATIOS |
|
|
|
|
Medium Term Receivable (Costumers / Sales)
* 365 (d) |
88,70 |
83,44 |
84,24 |
|
Medium Term Payable (Suppliers / Purchases
+ Suppliers and external services)*365 (d) |
69,28 |
45,91 |
39,29 |
|
Asset Rotation (Sales / Toral Asset) (%) |
72,12 |
91,71 |
80,11 |
|
PRODUCTIVITY RATIOS |
|
|
|
|
Gross Added Value / Employee (#) |
26.024,91 |
34.081,82 |
36.060,70 |
|
Sales / Employee (#) |
82.492,24 |
90.778,95 |
86.943,18 |
|
Productivity (Gross Added Value / Personnel
costs) (#) |
1,52 |
1,94 |
2,18 |
|
SHORT TERM RATIOS |
|
|
|
|
General Liquidity (Current Assets / Current
Liabilities) (#) |
3,34 |
5,45 |
2,95 |
|
Reduced Liquidity (Current Assets -
Inventories / Current Liabilities) (#) |
1,92 |
3,45 |
2,09 |
|
Immediate Liquidity (Cashier and bank
deposits / Current Liabilities) (#) |
0,77 |
1,51 |
1,27 |
|
MEDIUM LONG TERM RATIOS |
|
|
|
|
Financial Autonomy (Shareholders Funds /
Total Asset) (%) |
70,00 |
77,34 |
61,82 |
|
Solvability(Shareholders Funds / Total
Liabilities) (%) |
233,36 |
341,29 |
161,93 |
|
Debt Structure (Current Liabilities / Total
Liabilities) (%) |
67,55 |
66,87 |
74,86 |
|
General Debt (Total Liabilities / Total
Asset) (%) |
30,00 |
22,66 |
38,18 |
|
Debt Capacity (Shareholders Funds /
Shareholders Funds + Non Current Liabilities)(%) |
87,79 |
91,15 |
86,56 |
|
Capital Structure (Shareholder's Funds /
Non Current Liabilities) (%) |
719,21 |
1.030,26 |
644,17 |
|
OPERATIONAL AND FINANCIAL RISK |
|
|
|
|
Operational Leverage Level (OLL) (Gross
Margin / Operating Result) (#) |
8,86 |
4,40 |
3,56 |
|
Financial Leverage Level (FLL) (Gross
Operating Profit / Operating Result) (#) |
1,06 |
1,03 |
1,05 |
|
Combined Leverage Level (OLL x FLL) (#) |
9,38 |
4,51 |
3,74 |
CASH
FLOW STATEMENT
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CASH FLOWS
FROM OPERATIONAL ACTIVITIES |
|
|
|
|
Customers receipts |
12.088.564,06 |
12.436.301,42 |
(2,80)% |
|
Payments to suppliers |
10.523.607,04 |
10.672.210,43 |
(1,39)% |
|
Payments to employees |
1.521.020,73 |
1.446.639,48 |
5,14% |
|
Cash at bank generated from operations |
43.936,29 |
317.451,51 |
(86,16)% |
|
Payment/receipt of income tax |
(134.903,89) |
(403.972,55) |
66,61% |
|
Other receipts/payments |
664.516,44 |
631.410,28 |
5,24% |
|
Cash Flows
from Operational Activities (A) |
573.548,84 |
544.889,24 |
5,26% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Payments
regarding: |
|
|
|
|
Fixed tangible assets |
2.845.056,23 |
362.595,68 |
684,64% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts
from: |
|
|
|
|
Fixed tangible assets |
552.716,00 |
9.225,00 |
5.891,50% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
4.116,25 |
11.011,10 |
(62,62)% |
|
Dividends |
- |
- |
- |
|
Cash Flows' Investments Activities
(B) |
(2.288.223,98) |
(342.359,58) |
(568,37)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Receipts
from: |
|
|
|
|
Obtained financing |
1.749.200,00 |
- |
- |
|
Paying-up of capital and other equity
instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Payments
regarding: |
|
|
|
|
Obtained financing |
574.289,33 |
2.702.430,23 |
(78,75)% |
|
Interests and similar expenses |
70.171,04 |
77.409,85 |
(9,35)% |
|
Dividends |
- |
- |
- |
|
Capital's redution and other equity
instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing Activities © |
1.104.739,63 |
(2.779.840,08) |
139,74% |
|
Variation in cash at bank and its
equivalents (A+B+C) |
(609.935,51) |
(2.577.310,42) |
76,33% |
|
Effect of exchange differences |
65.309,80 |
398.390,08 |
(83,61)% |
|
Cash at bank and its equivalents
at the start of period |
3.123.969,90 |
5.302.890,24 |
(41,09)% |
|
Cash at bank and its equivalents
at the end of period |
2.579.344,19 |
3.123.969,90 |
(17,43)% |
CASH
FLOWS
|
|
MOVIMENTOS DO PERIODO DE 2016 |
|||
|
RUBRICS |
INITIAL BALANCE |
DEBITS |
CREDITS |
FINAL BALANCE |
|
PERIOD'S
CARRYING AMOUNT AND MOVEMENTS |
|
|
|
|
|
Cash in hand |
4.317,93 |
230.298,44 |
229.142,85 |
5.473,52 |
|
Order deposits |
1.419.651,97 |
30.493.341,14 |
30.285.912,82 |
1.627.080,29 |
|
Other bank deposits |
1.700.000,00 |
5.858.444,09 |
6.611.653,71 |
946.790,38 |
|
Total cash at bank and bank deposits |
3.123.969,90 |
36.582.083,67 |
37.126.709,38 |
2.579.344,19 |
|
Of which: Bank deposits abroad |
221.533,73 |
3.093.317,25 |
3.177.301,00 |
137.549,98 |
|
RUBRICS |
|
|
|
VALUE |
|
OTHER INFORMATION |
|
|
|
|
|
Receipts
from: |
|
|
|
|
|
Non-life insurance claims |
|
|
|
- |
|
Operating subsidies |
|
|
|
750,00 |
|
Cash at bank and its equivalents not available
for use |
|
|
|
- |
ASSETS
IMPAIRMENT
|
|
MOVIMENTOS DO PERIODO DE 2016 |
|||||
|
|
IMPAIRMENT LOSSES |
IMPAIRMENT LOSSES REVERSALS |
||||
|
RUBRICS |
RECOGNIZED IN PROFIT AND LOSS |
ON REVALUED ASSETS RECOGNIZED IN EQUITY |
TOTAL |
RECOGNIZED IN PROFIT AND LOSS |
RECOGNIZED IN EQUITY |
TOTAL |
|
Individual assets |
|
|
|
|
|
|
|
Fixed tangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Goodwill |
- |
- |
- |
0,00 |
- |
- |
|
Intangible assets |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investment properties (cost model) |
0,00 |
- |
- |
0,00 |
- |
- |
|
Investments in progress |
0,00 |
- |
- |
0,00 |
- |
- |
|
Financial investments |
0,00 |
- |
- |
676,23 |
- |
676,23 |
|
TOTAL |
0,00 |
0,00 |
0,00 |
676,23 |
0,00 |
676,23 |
|
of which: cash-generating units |
0,00 |
- |
- |
0,00 |
- |
- |
GOVERNMENT GRANTS AND GOVERNMENT ASSISTANCE
|
|
GRANTS FROM STATE AND OTHER PUBLIC BODIES |
GRANTS FROM OTHER ENTITIES |
||
|
RUBRICS |
VALUE ASSIGNED IN THE PERIOD OR IN PREVIOUS PERIODS |
VALUE ATTRIBUTED TO THE PERIOD |
VALUE ASSIGNED IN THE PERIOD OR IN PREVIOUS PERIODS |
VALUE ATTRIBUTED TO THE PERIOD |
|
Grants related to assets/investment: |
- |
3.363,42 |
- |
0,00 |
|
Fixed tangible assets |
- |
3.363,42 |
- |
0,00 |
|
Land and Natural Resources |
- |
- |
- |
- |
|
Buildings and other structures |
- |
2.887,42 |
- |
- |
|
Basic equipment |
- |
476,00 |
- |
- |
|
Transport equipment |
- |
- |
- |
- |
|
Office equipment |
- |
- |
- |
- |
|
Biological equipment |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Intangible assets |
- |
0,00 |
- |
0,00 |
|
Development projects |
- |
- |
- |
- |
|
Computer programmes |
- |
- |
- |
- |
|
Industrial property |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
|
Other assets |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
750,00 |
- |
- |
|
Value of repayments in the period: |
- |
0,00 |
- |
0,00 |
|
Grants related to assets/investment |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
- |
- |
- |
|
TOTAL |
- |
4.113,42 |
- |
0,00 |
IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT
COST OR AT AMORTIZED COST
|
|
MOVIMENTOS DO PERIODO DE 2016 |
||
|
RUBRICS |
IMPAIRMENT LOSSES |
IMPAIRMENT LOSSES REVERSALS |
TOTAL |
|
Receivable debts from customers |
9.807,10 |
6.032,75 |
3.774,35 |
|
Other receivables |
- |
- |
0,00 |
|
Equity instruments and other securities |
- |
- |
0,00 |
|
Others |
- |
- |
0,00 |
|
TOTAL |
9.807,10 |
6.032,75 |
3.774,35 |
DEBTS
REGISTERED AS DOUBTFUL
|
RUBRICS |
|
|
VALUE |
|
Regarding insolvency and company recovery
procedures or enforcement procedures |
|
|
- |
|
Claimed in court |
|
|
- |
|
In arrears: |
|
|
16.123,60 |
|
Over six months and up to twelve months |
|
|
- |
|
Over twelve months and up to eighteen
months |
|
|
509,40 |
|
Over eighteen months and up to twenty four
months |
|
|
2.185,80 |
|
Over twenty four months |
|
|
13.428,40 |
|
TOTAL |
|
|
16.123,60 |
EMPLOYEE BENEFITS, COMPANY EMPLOYEES AND
PERSONNEL COSTS
|
RUBRICS |
AVERAGE NUMBER OF EMPLOYEES |
AVERAGE NUMBER OF HOURS WORKED |
|
|
|
|
|
Company employees, paid and unpaid |
144 |
252.219 |
|
Paid company employees |
144 |
252.219 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of working hours |
|
|
|
Full time company employees |
142 |
249.495 |
|
Of which: Full time company employees |
142 |
249.495 |
|
Part time company employees |
2 |
2.724 |
|
Of which: Part time company employees |
2 |
2.724 |
|
Company employees, by gender: |
|
|
|
Men |
42 |
75.883 |
|
Women |
102 |
176.336 |
|
Company employees, of which: |
|
|
|
Company employees assigned to Research and
Development |
9 |
- |
|
Service providers |
3 |
1.152 |
|
People placed through temporary employment
agencies |
- |
- |
STAFF
COSTS
|
RUBRICS |
VALUE |
|
Staff costs |
2.467.953,66 |
|
Governance Bodies Remuneration |
59.622,51 |
|
Of which: Profit-sharing |
3.917,00 |
|
Employees remuneration |
1.871.362,60 |
|
Of which: Profit-sharing |
110.406,30 |
|
Post-employment benefits |
0,00 |
|
Pension premiums |
- |
|
Other benefits |
- |
|
Of which: |
|
|
For defined contribution plans - corporate bodies |
- |
|
For defined contribution plans - others |
- |
|
Compensations |
- |
|
Charges on remunerations |
413.990,98 |
|
Insurance for accidents at work and
professional diseases |
17.211,43 |
|
Social security expenses |
25.788,94 |
|
Other staff costs |
79.977,20 |
|
Of which: |
|
|
Expenditure on education |
954,00 |
|
Expenditure on uniforms |
7.627,24 |
INFORMATION BY GEOGRAPHIC MARKETS
|
|
GEOGRAPHIC MARKETS |
|||
|
RUBRICS |
INTERNAL |
EU |
EXTRA-EU |
TOTAL |
|
Sales |
294.845,93 |
4.024.576,44 |
6.284.550,08 |
10.603.972,45 |
|
Services provided |
- |
- |
1.274.909,73 |
1.274.909,73 |
|
Purchases |
2.042.588,22 |
191.151,41 |
1.550.459,36 |
3.784.198,99 |
|
Supplies and external services |
4.068.018,38 |
819.936,55 |
17.864,12 |
4.905.819,05 |
|
Acquisition of fixed tangible assets |
2.604.731,88 |
883.202,00 |
30.055,29 |
3.517.989,17 |
|
Acquisition of investment properties |
- |
- |
- |
0,00 |
|
Acquisition of intangible assets |
- |
- |
- |
0,00 |
|
Supplementary income: |
3.110,66 |
0,00 |
0,00 |
3.110,66 |
|
Social services |
3.110,66 |
- |
- |
3.110,66 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological
assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
- |
- |
- |
0,00 |
|
Memorandum: Sales and services provided
(undiscounted values) |
- |
- |
- |
0,00 |
|
Memorandum: Purchases and supplies and
external services (undiscounted values) |
- |
- |
- |
0,00 |
RECEIVABLE
AND PAYABLE ACCOUNTS
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CUSTOMERS |
|
|
|
|
Trade accounts receivable |
2.902.998,39 |
2.876.151,84 |
0,93% |
|
Trade notes receivable |
- |
- |
- |
|
Advances received from customers |
67.646,01 |
12.631,67 |
435,53% |
|
SUPPLIERS |
|
|
|
|
Trade accounts payable |
1.649.498,59 |
1.116.274,37 |
47,77% |
|
Trade notes payable |
- |
- |
- |
|
Trade accounts payable - unchecked invoices |
- |
- |
- |
|
Advances to suppliers |
58.547,07 |
247.130,99 |
(76,31)% |
|
STAFF |
|
|
|
|
Payable remunerations |
- |
- |
- |
|
Advanced payments |
- |
- |
- |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
STATE AND OTHER PUBLIC SECTOR INSTITUTIONS |
|
|
|
|
Income Tax |
102.829,50 |
125.504,07 |
(18,07)% |
|
Deductible IVA (debt cumulative amounts) |
2.580.821,13 |
1.795.038,16 |
43,78% |
|
Paid IVA (credit cumulative amounts) |
1.055.972,84 |
231.625,82 |
355,90% |
|
SHAREHOLDERS / PARTNERS |
|
|
|
|
Shareholders with subscription |
- |
- |
- |
|
Unreleased quotas |
- |
- |
- |
|
Advances for profits |
- |
- |
- |
|
ALLOCATED RESULTS |
|
|
|
|
From the perspective of the entity distributing
profits |
- |
- |
- |
|
From the perspective of the entity with
allocated profits |
- |
- |
- |
|
AVAILABLE PROFITS |
|
|
|
|
From the perspective of the entity
distributing profits |
- |
- |
- |
|
From the perspective of the entity with allocated
profits |
- |
- |
- |
|
Granted loans - parent company |
- |
- |
- |
|
Granted loans - subsidiary companies,
associated companies and joint ventures |
- |
- |
- |
|
Granted loans - other shareholders/partners |
- |
- |
- |
|
Of which: Participating companies |
- |
- |
- |
|
OTHER OPERATIONS |
|
|
|
|
Debit status |
- |
- |
- |
|
Credit status |
- |
- |
- |
|
OTHER RECEIVABLE AND PAYABLE ACCOUNTS |
|
|
|
|
Investment providers - general accounts |
- |
- |
- |
|
Trade accounts payable - unchecked invoices |
- |
- |
- |
|
Advanced payments to investment providers |
- |
- |
- |
|
additional income - Debtors |
1.587,50 |
10.382,08 |
(84,71)% |
|
additional expenses - Creditors |
547.813,27 |
480.329,81 |
14,05% |
|
Deferred tax assets |
260.780,17 |
686,52 |
37.885,81% |
|
Deferred tax liabilities |
7.177,67 |
8.407,69 |
(14,63)% |
|
Unreleased subscriptions - Creditors |
- |
- |
- |
|
Advances received on account of sales |
- |
- |
- |
|
OTHER DEBTORS AND CREDITORS |
|
|
|
|
Other debtors |
187.916,24 |
193.518,99 |
(2,90)% |
|
Other creditors |
3.703,84 |
3.898,11 |
(4,98)% |
EXPENSE
ACCOUNTS
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
Supplies and external services |
4.905.819,05 |
4.469.140,50 |
9,77% |
|
Subcontracts |
1.709.676,83 |
1.574.926,70 |
8,56% |
|
Specialized services |
1.247.520,83 |
1.235.471,78 |
0,98% |
|
Specialized works |
520.905,82 |
585.723,29 |
(11,07)% |
|
Of which: Payments to workers
placed through agencies |
- |
- |
- |
|
Advertising and promotion |
175.622,74 |
91.539,37 |
91,85% |
|
Surveillance and security |
5.573,24 |
5.068,68 |
9,95% |
|
Fees |
19.075,00 |
17.125,00 |
11,39% |
|
Comissions |
424.029,92 |
422.248,93 |
0,42% |
|
Maintenance and repairs |
82.101,06 |
94.559,52 |
(13,18)% |
|
Others |
20.213,05 |
19.206,99 |
5,24% |
|
Materials |
60.900,29 |
53.727,57 |
13,35% |
|
Fast wear tools and utensils |
32.778,21 |
33.267,61 |
(1,47)% |
|
Books and technical documentation |
434,18 |
3.912,23 |
(88,90)% |
|
Office material |
11.865,52 |
8.220,83 |
44,33% |
|
Gift items |
15.506,18 |
8.326,90 |
86,22% |
|
Others |
316,20 |
- |
- |
|
Energy and fluids |
145.307,77 |
149.310,27 |
(2,68)% |
|
Electricity |
122.883,59 |
125.341,60 |
(1,96)% |
|
Fuels |
15.729,52 |
16.863,46 |
(6,72)% |
|
Water |
4.706,04 |
4.667,26 |
0,83% |
|
Others |
1.988,62 |
2.437,95 |
(18,43)% |
|
Travel, lodging and transportation |
761.581,98 |
823.357,44 |
(7,50)% |
|
Travel and lodging |
102.319,15 |
142.988,83 |
(28,44)% |
|
Transport of personnel |
- |
- |
- |
|
Transport of goods |
659.262,83 |
680.368,61 |
(3,10)% |
|
Others |
- |
- |
- |
|
Different services |
980.831,35 |
632.346,74 |
55,11% |
|
Rents and leases |
723.184,57 |
363.889,44 |
98,74% |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
27.396,54 |
28.378,62 |
(3,46)% |
|
Insurance |
69.258,68 |
69.203,91 |
0,08% |
|
Royalties |
- |
- |
- |
|
Litigation and Notaries |
25,00 |
395,00 |
(93,67)% |
|
Representation expenses |
146.169,86 |
157.991,42 |
(7,48)% |
|
Cleaning, hygiene and comfort |
14.796,70 |
12.481,85 |
18,55% |
|
Other services |
- |
6,50 |
- |
DELIBERATION
OF APPROVAL OF ACCOUNTS
Were the financial
year's accounts approved?
YES
Data da Aprovação:
30-03-2017 By (Unanimity/Majority):
Unanimity
Percentage of issued
votes related to the share capital
subscribed with voting right 100
The accounts were approved:
In
universal meeting
Through
deliberation by writing vote
The accounts were approved:
In
POC/SNC/NCM (National Plan of Accounts/Accounting Normalization System/Accounting
Normalization for micro entities)
PROFIT APLICATION ACCORDING TO THE
DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S ACCOUNTS
|
RUBRICS |
2016 |
2015 |
|
Retained earnings |
3.305.759,11 |
3.414.561,42 |
|
Allocated results / Available profits |
0,00 |
0,00 |
|
Percentages or bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
- |
1.075.424,60 |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
3.305.759,11 |
2.339.136,82 |
MANAGEMENT REPORT / ASSESSMENT OF THE
INSPECTION BODY / LEGAL CERTIFICATION OF ACCOUNTS
MANAGEMENT REPORT
Were the Management
Report and financial year's
accounts prepared?
YES
Were the management
report and the financial year's accounts signed by all members of the management / administration?
YES
ASSESSMENT OF THE
INSPECTION BODY
The entity has an inspection body?
YES
Has the inspection
body issued an assessment?
YES
The inspection body
pronounced:
In favour of the
approval of accounts
LEGAL CERTIFICATION
OF ACCOUNTS (CLC)
Is the entity required to have certified
accounts by a Statutory
Auditor/Statutory Audit Firm?
YES
Identificação do ROC:
510414478
Was the Legal certification of accounts issued?
YES
Without reservation
and without emphasis
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.78 |
|
|
1 |
INR 92.89 |
|
Euro |
1 |
INR 80.74 |
|
EURO |
1 |
INR 80.93 |
Note:
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.