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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

493716  

Report Date :

26.02.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

FASTWEB SPA

 

 

Registered Office :

Via Caracciolo Francesco, 51, 20155 – Milano (MI)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

30.06.1999

 

 

Legal Form :

Joint Stock Company With Sole Shareholder

 

 

Line of Business :

Telecommunications

 

 

No. of Employees :

More Than 1500

 

 

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 :

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Italy

A1

A1

 

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

 


 

ITALY - ECONOMIC OVERVIEW

 

Italy’s economy compromises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.

 

Italy is the third-largest economy in the euro zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, reaching 131% of GDP in 2017. Investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's longstanding structural economic problems, including labor market inefficiencies, a sluggish judicial system, and a weak banking sector. Italy’s economy returned to modest growth in late 2014 for the first time since 2011. In 2015-16, Italy’s economy grew at about 1% each year, and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment was 11.4%, but youth unemployment remained high at 37.1%.

 

Source : CIA

 

 

 


Company name & address

 

FASTWEB SPA

Via Caracciolo Francesco, 51

20155 – Milano (MI) -IT-

 

 

Summary

 

Fiscal Code

:

12878470157

Legal Form

:

Joint Stock Company With Sole Shareholder

start of Activities

:

01/12/2004

Equity

:

Over 2.582.254

Number of Employees

:

More Than 1500

 

 

Activity

 

Telecommunications

 

 

Legal Data

 

Legal Form : Joint stock company with sole shareholder

Fiscal Code : 12878470157

 

Chamber of Commerce no. : 471653 of Bari

 

Chamber of Commerce no. : 410132 of Bergamo

 

Chamber of Commerce no. : 445620 of Bologna

 

Chamber of Commerce no. : 536424 of Brescia

 

Chamber of Commerce no. : 259342 of Cagliari

 

Chamber of Commerce no. : 286355 of Catania

 

Chamber of Commerce no. : 557752 of Firenze

 

Chamber of Commerce no. : 427831 of Genova

 

Chamber of Commerce no. : 1886540 of Monza e Brianza

 

Chamber of Commerce no. : 1591912 of Milano since 29/07/1999

 

Chamber of Commerce no. : 390966 of Modena

 

Chamber of Commerce no. : 724688 of Napoli

 

Chamber of Commerce no. : 277371 of Palermo

 

Chamber of Commerce no. : 351678 of Padova

 

Chamber of Commerce no. : 130957 of Pescara

 

Chamber of Commerce no. : 1086017 of Roma

 

Chamber of Commerce no. : 1018956 of Torino

 

Chamber of Commerce no. : 352291 of Venezia

 

Chamber of Commerce no. : 395021 of Verona

 

Firms' Register : MI-1999-167838 of Milano since 29/07/1999

 

V.A.T. Code : 12878470157

 

Foundation date

: 30/06/1999

Establishment date

: 30/06/1999

Start of Activities

: 01/12/2004

Legal duration

: 31/12/2100

Nominal Capital

: 41.344.209

Subscribed Capital

: 41.344.209

Paid up Capital

: 41.344.209

 

Legal mail :

FASTWEBSPA@LEGALMAIL.IT

 

 

Members

 

Zerboni

Massimo

 

Born in Como

(CO)

on 07/07/1964

- Fiscal Code : ZRBMSM64L07C933T

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Giussani

Alberto

 

Born in Varese

(VA)

on 23/08/1946

- Fiscal Code : GSSLRT46M23L682I

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

17/03/2016



Nicoletta

Marco

 

Born in Roma

(RM)

on 05/05/1964

- Fiscal Code : NCLMRC64E05H501F

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Rossi

Mario Alois

 

Born in Uzwill

( )

on 27/11/1960

- Fiscal Code : RSSMLS60S27Z133X

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

17/03/2016

Assistant board Chairman

17/03/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Swisscom Italia S.r.l.

 

 

:

Caracciolo Francesco

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Sole partner

23/03/2011

 

No Prejudicial events are reported

 

No Protests registered

 

Melchiorri

Matteo

 

Born in Poughkeepsie

( )

on 24/03/1972

- Fiscal Code : MLCMTT72C24Z404B

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Dietiker

Ulrich

 

Born in Brugg

( )

on 07/02/1953

- Fiscal Code : DTKLCH53B07Z133P

 

Residence:

Caracciolo Francesco

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

17/03/2016



Schappi

Urs

 

Born in Berna

( )

on 17/05/1960

- Fiscal Code : SCHRSU60E17Z133B

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

17/03/2016

Board Chairman

17/03/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Argano

Francesco

 

Born in Palermo

(PA)

on 10/03/1969

- Fiscal Code : RGNFNC69C10G273N

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Corradini

Cinzia Cristina

 

Born in Milano

(MI)

on 14/08/1958

- Fiscal Code : CRRCZC58M54F205D

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Scalpelli

Sergio

 

Born in Milano

(MI)

on 15/09/1959

- Fiscal Code : SCLSRG59P15F205I

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Calcagno

Alberto

 

Born in Genova

(GE)

on 08/09/1972

- Fiscal Code : CLCLRT72P08D969V

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

17/03/2016

Managing Director

17/03/2016

Procurator

21/03/2013

 

No Prejudicial events are reported

 

No Protests registered

 

Moglia

Giovanni

 

Born in Milano

(MI)

on 11/02/1960

- Fiscal Code : MGLGNN60B11F205C

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Agostoni

Alberto

 

Born in Cantu'

(CO)

on 26/03/1971

- Fiscal Code : GSTLRT71C26B639J

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Barberis

Carlo Alfredo

 

Born in Mondovi'

(CN)

on 05/08/1966

- Fiscal Code : BRBCLL66M05F351Z

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Carrino

Francesco

 

Born in Roma

(RM)

on 20/04/1965

- Fiscal Code : CRRFNC65D20H501D

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Di Genova

Augusto

 

Born in Roma

(RM)

on 05/01/1972

- Fiscal Code : DGNGST72A05H501T

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Donati

Michele

 

Born in Forli'

(FO)

on 19/06/1972

- Fiscal Code : DNTMHL72H19D704F

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Esposito

Marco

 

Born in Napoli

(NA)

on 11/02/1969

- Fiscal Code : SPSMRC69B11F839E

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Zanigni

Francesca

 

Born in Bologna

(BO)

on 15/04/1969

- Fiscal Code : ZNGFNC69D55A944F

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Dell'agostino

Fulvio

 

Born in Bergamo

(BG)

on 04/10/1960

- Fiscal Code : DLLFLV60R04A794P

 

Residence:

Caracciolo Francesco

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

05/07/2017

 

No Protests registered

 

Rondelli

Paolo

 

Born in Faenza

(RA)

on 21/07/1966

- Fiscal Code : RNDPLA66L21D458G

 

Residence:

Caracciolo Francesco

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

05/07/2017

 

No Protests registered

 

Zais

Giovanni

 

Born in Milano

(MI)

on 27/06/1964

- Fiscal Code : ZSAGNN64H27F205D

 

Residence:

Caracciolo Francesco

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

05/07/2017

 

No Protests registered

 

Paolino

Gaetano

 

Born in Napoli

(NA)

on 03/04/1970

- Fiscal Code : PLNGTN70D03F839Q

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Pecorella

Onofrio

 

Born in Bari

(BA)

on 04/09/1964

- Fiscal Code : PCRNFR64P04A662J

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Romano

Emidio

 

Born in Benevento

(BN)

on 22/07/1966

- Fiscal Code : RMNMDE66L22A783X

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

05/04/2016

 

No Protests registered

 

Dall'ara

Andrea

 

Born in Milano

(MI)

on 23/10/1968

- Fiscal Code : DLLNDR68R23F205S

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Pelizza

Pietro

 

Born in Genova

(GE)

on 02/10/1969

- Fiscal Code : PLZPTR69R02D969P

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Casati

Fabrizio

 

Born in Busto Arsizio

(VA)

on 03/04/1967

- Fiscal Code : CSTFRZ67D03B300Q

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Protests registered

 

Grueter

Peter

 

Born in Darmstadt

( )

on 19/04/1968

- Fiscal Code : GRTPTR68D19Z112T

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Protests registered

 

Mancini

Massimo

 

Born in Campobasso

(CB)

on 12/07/1963

- Fiscal Code : MNCMSM63L12B519G

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Protests registered

 

Pizzigoni

Andrea

 

Born in Padova

(PD)

on 16/06/1970

- Fiscal Code : PZZNDR70H16G224E

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Protests registered

 

Biraghi

Federico Francesco

 

Born in Milano

(MI)

on 27/04/1983

- Fiscal Code : BRGFRC83D27F205O

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Herren

Heinz

 

Born in Lurtigen

( )

on 17/10/1962

- Fiscal Code : HRRHNZ62R17Z133Q

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

02/03/2017



Cacciatore

Vito Marcello

 

Born in Ribera

(AG)

on 05/11/1968

- Fiscal Code : CCCVMR68S05H269Z

 

Residence:

Caracciolo Francesco

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Attorney with special power

05/07/2017

 

No Protests registered

 

Cento

Giuseppe

 

Born in Torino

(TO)

on 29/05/1963

- Fiscal Code : CNTGPP63E29L219O

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Ciatti

Silvio

 

Born in Rieti

(RI)

on 11/06/1968

- Fiscal Code : CTTSLV68H11H282R

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Lipovscek

Alessandro

 

Born in Foligno

(PG)

on 21/07/1968

- Fiscal Code : LPVLSN68L21D653U

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Loiacono

Giovanni

 

Born in Foggia

(FG)

on 22/04/1971

- Fiscal Code : LCNGNN71D22D643W

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Masuzzo

Barbara

 

Born in Gela

(CL)

on 23/10/1971

- Fiscal Code : MSZBBR71R63D960R

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Orofino

Nicola

 

Born in Monza

(MB)

on 30/05/1969

- Fiscal Code : RFNNCL69E30F704A

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Rossi

Riccardo

 

Born in Roma

(RM)

on 18/06/1978

- Fiscal Code : RSSRCR78H18H501D

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Chieppa

Roberto

 

Born in Rimini

(FO)

on 28/10/1972

- Fiscal Code : CHPRRT72R28H294H

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Protests registered

 

Lasagna

Andrea

 

Born in Monza

(MB)

on 26/05/1967

- Fiscal Code : LSGNDR67E26F704X

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2018

 

No Protests registered

 

Mascheroni

Barbara

 

Born in Milano

(MI)

on 19/07/1971

- Fiscal Code : MSCBBR71L59F205A

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Foresti

Laura

 

Born in Vizzolo Predabissi

(MI)

on 29/01/1977

- Fiscal Code : FRSLRA77A69M102A

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Mastropaolo

Liborio Luca

 

Born in Milano

(MI)

on 24/08/1969

- Fiscal Code : MSTLRL69M24F205A

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Colombo

Carlo

 

Born in Lecco

(CO)

on 11/06/1964

- Fiscal Code : CLMCRL64H11E507W

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Durante

Carmen

 

Born in Cagliari

(CA)

on 20/03/1975

- Fiscal Code : DRNCMN75C60B354D

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Merzi

Luca Francesco

 

Born in Milano

(MI)

on 08/05/1964

- Fiscal Code : MRZLFR64E08F205N

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Casolo

Paolo

 

Born in Milano

(MI)

on 29/06/1964

- Fiscal Code : CSLPLA64H29F205Y

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Fasani

Tommaso

 

Born in Milano

(MI)

on 22/10/1972

- Fiscal Code : FSNTMS72R22F205H

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Ghezzi

Fulvio

 

Born in Milano

(MI)

on 17/07/1969

- Fiscal Code : GHZFLV69L17F205O

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Nidola

Mario

 

Born in Varese

(VA)

on 13/11/1969

- Fiscal Code : NDLMRA69S13L682A

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Sesana

Laura

 

Born in Milano

(MI)

on 04/12/1966

- Fiscal Code : SSNLRA66T44F205K

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Villa

Marco

 

Born in Milano

(MI)

on 20/07/1965

- Fiscal Code : VLLMRC65L20F205T

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

Giaquinta

Pietro

 

Born in Roma

(RM)

on 27/02/1976

- Fiscal Code : GQNPTR76B27H501D

 

Residence:

Francesco Caracciolo

, 51

- 20155

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/01/2018

 

No Protests registered

 

 

Companies connected to members *

 

*checkings have been performed on a national scale.

 

In this module are listed the companies in which members hold or have holded positions.

 

Rossi

Mario Alois

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Swisscom Italia S.r.l.

Milano (MI) - IT -

09412871007

Director

Withdrawn

Registered

Swisscom Italia S.r.l.

Milano (MI) - IT -

09412871007

Board Chairman

Withdrawn

Registered



The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

For more information, in this case, we advise to request further investigations.

 

Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Swisscom Italia S.r.l.

Milano - IT -

09412871007

100,00



Direct Participations

 

The Company under review has participations in the following Companies:

 

Firm's Style

Seat

Fiscal Code

Owned Shares Amount

% Ownership

since

until

Share Status

Consel - Consorzio Elis Per La Formazion e Professionale Superiore - Societa' Con

Roma - IT -

04308521006

510 .Eur

1,00

Active

Cefriel - Societa' Consortile A Responsa bilita' Limitata

Milano - IT -

09144820157

57.797 .Eur

4,92

Active

Consorzio Topix - Torino E Piemonte Exch ange Point

Torino - IT -

08445410015

Active

Mix S.r.l.

Milano - IT -

13036360157

1.089 .Eur

1,10

Active

Qxn - Societa' Consortile Per Azioni

Roma - IT -

09080161004

300.000 .Eur

63,69

Active

Sv.im. Consortium Consorzio Per Lo Svilu ppo Delle Imprese Societa ' Consortile P

Bari - IT -

06868030724

250 .Eur

0,04

Active

Ed E Partners S.r.l.

Lodi - IT -

07790480961

8 .Eur

24,90

Active

Confiditalia Consorzio Nazionale Fidi E Garanzie Societa' Consort Ile Per Azioni

Bari - IT -

06975220721

250 .Eur

0,05

Active

Flash Fiber S.r.l.

Milano - IT -

09602330962

6.000 .Eur

20,00

Active

Open Hub Med Societa' Consortile A Respo nsabilita' Limitata

09264680969

100.000 .Eur

9,52

Active

 

Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

Caracciolo Francesco

, 51

- 20100

- Milano

(MI)

- IT -

 

Total Surface: 60 Sq.mt.

 

PHONE

: 0245451

 

FAX

: 0245454811

 

Legal mail

: FASTWEBSPA@LEGALMAIL.IT

 

-

Branch

(Administrative office)

since 06/12/2004

until 03/02/2003

 

Genova

, 24

- 00100

- Roma

(RM)

- IT -

 

-

Branch

(Shop)

since 24/07/2010

until 16/03/2009

 

Cola Di Rienzo

, 142

- 00100

- Roma

(RM)

- IT -

 

Total Surface: 60 Sq.mt.

 

-

Branch

(Administrative office)

since 06/12/2004

 

Paolo Nanni Costa

, 30

- 40100

- Bologna

(BO)

- IT -

 

-

Branch

(Administrative office)

since 06/12/2004

 

Imbriani

, 52-5

- 70100

- Bari

(BA)

- IT -

 

-

Branch

since 12/09/2005

 

Fulvio Testi

, 280/6

- 20100

- Milano

(MI)

- IT -

 

-

Branch

since 23/05/2005

 

Gramsci

, 442/446

- 50019

- Sesto Fiorentino

(FI)

- IT -

 

-

Branch

(Administrative office)

since 01/01/2007

 

Umberto

, 1

- 65100

- Pescara

(PE)

- IT -

 

-

Branch

(Administrative office)

since 20/04/2000

 

Francesco Caracciolo

, 51

- 20100

- Milano

(MI)

- IT -

 

-

Branch

(Administrative office)

since 06/12/2004

 

Valcava

, 6

- 20100

- Milano

(MI)

- IT -

 

-

Branch

(Shop)

since 27/10/2010

 

Dante

, 4

- 20100

- Milano

(MI)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 27/10/2010

 

Vercelli

, 9

- 20100

- Milano

(MI)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 18/12/2010

 

Sparano Da Bari

, BA

- 70100

- Bari

(BA)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 07/02/2012

 

Xx Settembre

, 58

- 24100

- Bergamo

(BG)

- IT -

 

Total Surface: 75 Sq.mt.

 

-

Branch

(Shop)

since 15/09/2011

 

De Martelli

, 15/17

- 50100

- Firenze

(FI)

- IT -

 

-

Branch

(Administrative office)

since 06/12/2004

 

Centro Direzionale Isola

, B5

- 80100

- Napoli

(NA)

- IT -

 

-

Branch

(Shop)

since 31/12/2010

 

Giovanni Merliani

, 72

- 80100

- Napoli

(NA)

- IT -

 

Trading Style: FASTWEB

 

Total Surface: 23 Sq.mt.

 

-

Branch

(Administrative office)

since 16/03/2009

 

Della Regione Siciliana

, 3414

- 90100

- Palermo

(PA)

- IT -

 

-

Branch

(Shop)

since 12/07/2011

 

E Filiberto Di Savoia

, 3

- 35100

- Padova

(PD)

- IT -

 

Trading Style: FASTWEB

 

Total Surface: 44 Sq.mt.

 

-

Branch

(Shop)

since 09/06/2011

 

Europa

, 57

- 00100

- Roma

(RM)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 13/06/2012

 

Garibaldi Giuseppe

, 50

- 20100

- Milano

(MI)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 28/06/2012

 

Ruggero Settimo

, 9

- 90100

- Palermo

(PA)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 28/09/2011

 

Santa Francesca Romana

, 3

- 20100

- Milano

(MI)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 20/12/2011

 

Ugo Bassi

, 4

- 40100

- Bologna

(BO)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 16/07/2012

 

Palestro

, 25/A

- 25100

- Brescia

(BS)

- IT -

 

Trading Style: FASTWEB

 

Total Surface: 72 Sq.mt.

 

-

Branch

(Shop)

since 15/05/2012

 

Etnea

, 62

- 95100

- Catania

(CT)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 02/09/2011

 

Venti Settembre

, 49R-51R

- 16100

- Genova

(GE)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 05/01/2012

 

Italia

, 39

- 20052

- Monza

(MB)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 12/09/2012

 

Emilia Centro

, 84

- 41100

- Modena

(MO)

- IT -

 

Trading Style: FASTWEB

 

Total Surface: 51 Sq.mt.

 

-

Branch

(Shop)

since 28/12/2011

 

Roma

, 336

- 10100

- Torino

(TO)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Shop)

since 19/12/2011

 

Cappello

, 7

- 37100

- Verona

(VR)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(office)

since 03/07/2013

 

Stati Uniti

, 23/F

- 35100

- Padova

(PD)

- IT -

 

-

Branch

(Administrative office)

since 17/06/2013

 

Luigi Sturzo

, 23

- 00100

- Roma

(RM)

- IT -

 

-

Branch

since 05/03/2014

 

Guardia Della Carvana

, 6

- 95100

- Catania

(CT)

- IT -

 

-

Branch

(Administrative office)

since 21/10/2013

 

Porta Del Molo

, 2

- 16100

- Genova

(GE)

- IT -

 

-

Branch

(Administrative office)

since 01/06/2015

 

Bernina

, 6

- 20100

- Milano

(MI)

- IT -

 

Trading Style: FASTWEB

 

-

Branch

(Administrative office)

since 01/11/2017

 

Adolfo Omodeo

, 49/A

- 70100

- Bari

(BA)

- IT -

 

-

Branch

(Administrative office)

since 10/02/2017

 

Statale 195

, KM 2.300

- 09100

- Cagliari

(CA)

- IT -

 

-

Branch

(Administrative office)

since 10/10/2016

 

Ernesto Lugaro

, 15

- 10100

- Torino

(TO)

- IT -

 

Employees

: 2.604

 

Fittings and Equipment for a value of 1.819.460.000

Eur

 

Stocks for a value of 12.940.000

Eur

 

 

Historical Information and/or Firm's Status

 

CHANGES TO THE LEGAL FORM:

 

Former legal form

New legal form

Changement Date

Limited liability company

Joint stock company

12/10/1999

 

COMPANY STYLE MODIFICATIONS:

 

Former Style

New Style

Changement Date

Astico Srl

E-Biscom Srl

06/08/1999

E-Biscom Srl

E-Biscom SPA

12/10/1999

E-Biscom SPA

Fastweb SPA

01/12/2004

 

CEASINGS/INCORPORATIONS/MERGES:

 

Project of merging by taking over of

 

Fastweb Spa

 

Broletto

, 5

, 20121

, Milano

(MI)

- IT -

 

Fiscal Code: 12911990153

 

Date

Merging/splitting-up project:

18/03/2004

 

The firm absorbed by merging of

 

Fastweb Spa

 

Broletto

, 5

, 20121

, Milano

(MI)

- IT -

 

Fiscal Code: 12911990153

 

Date

:

01/12/2004

 

Project of merging by taking over of

 

Fastweb Mediterranea Societa' Per Azioni

 

Caracciolo Francesco

, 51

, 20100

, Milano

(MI)

- IT -

 

Fiscal Code: 01152450993

 

Date

Merging/splitting-up project:

03/04/2006

 

The firm absorbed by merging of

 

Fastweb Mediterranea Societa' Per Azioni

 

Caracciolo Francesco

, 51

, 20100

, Milano

(MI)

- IT -

 

Fiscal Code: 01152450993

 

Date

:

28/09/2006

 

Project of merging by taking over of

 

E.bismedia S.p.a.

 

Caracciolo Francesco

, 51

, 20155

, Milano

(MI)

- IT -

 

Fiscal Code: 13157400154

 

Date

Merging/splitting-up project:

01/02/2013

 

Resolution of merging of

 

E.bismedia S.p.a.

 

Caracciolo Francesco

, 51

, 20155

, Milano

(MI)

- IT -

 

Fiscal Code: 13157400154

 

Date

:

21/03/2013

 

The firm absorbed by merging of

 

E.bismedia S.p.a.

 

Caracciolo Francesco

, 51

, 20155

, Milano

(MI)

- IT -

 

Fiscal Code: 13157400154

 

Date

:

12/09/2013

 

Project of merging by taking over of

 

Fastweb Wholesale S.r.l.

 

Caracciolo Francesco

, 51

, 20155

, Milano

(MI)

- IT -

 

Fiscal Code: 06979470967

 

Date

Merging/splitting-up project:

25/09/2014

 

The firm absorbed by merging of

 

Fastweb Wholesale S.r.l.

 

Caracciolo Francesco

, 51

, 20155

, Milano

(MI)

- IT -

 

Fiscal Code: 06979470967

 

Date

:

15/12/2014

 

Protests

 

Protests checking on the subject firm has given a negative result.



Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

Prejudicial Events Search Result:

 

Legal Mortgage on 28/08/2008. for an amount of 355.964 Euro. Event writing-off

  EQUITALIA GERIT SPAISPEZIONE TELEMATICA


Search performed on a specialized data base.

 

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

 

National Real Estates Survey

 

The firm under review, by the reported percentages, owns the following real estates:

 

Town

Cadastre

No. Immovables

Up to Date

MILANO (MI)

Buildings

7

14/02/2018

ROMA (RM)

Buildings

1

14/02/2018

 

Buildings Details

 

Cadastre

Title

Location

Sheet No.

Particle No.

Sub No.

Categorie

Classe

Consistence

Cadastrial Rent

Part No.

B

Proprieta' per 1/1

MILANO (MI) VIA VALCAVA, 6 Piano T-1 - 2-3

183

241

zona2 cat. D/8

Euro: 92.302,00

B

Proprieta' per 1/1

MILANO (MI) VIA VALCAVA, 6 Piano S1

183

245

702

zona2 cat. D/1

Euro: 172,00

B

Proprieta' per 1/1

MILANO (MI) VIA MONTE GENEROSO, 6A Piano S1

183

247

501

zona2 cat. C/2

6

390 mq

Euro:845,96

B

Proprieta' per 1/1

MILANO (MI) VIA MONTE GENEROSO, 6A Piano T

183

247

502

zona2 cat. C/6

5

121 mq

Euro:874,88

B

Proprieta' per 1/1

MILANO (MI) VIA MONTE GENEROSO, 6A Piano T

183

247

503

zona2 cat. C/6

7

12 mq

Euro:117,75

B

Proprieta' per 1/1

MILANO (MI) VIA MONTE GENEROSO, 6/A Piano T

183

247

504

zona2 cat. A/10

4

3,5 vani

Euro:1.825,68

B

Proprieta' per 1/1

MILANO (MI) VIA FRANCESCO CARACCIOLO, 51 Piano T-1 - 2-3

218

104

zona2 cat. D/8

Euro: 288.912,00

B

Proprieta' per 1/1

ROMA (RM) VIA GENOVA, 24 Piano 1 int. 13

488

85

554

zona1 cat. A/10

7

14 vani

Euro:18.292,90

 

All responsibilities are declined regarding any possible omissions concerning the given results. Therefore, we advise to request for "Hypothecating Survey Inspection" c/o the locally competent RR.II. Immovables Registry, as this service doesn't fully guarantees the actual title of the Real Estates of the requested Subject.



Financial and Economical Analysis

 

The company is active since 2004

Balance sheets for the years 2014, 2015 and 2016 were analyzed.

Unstable economic results mark the company's financial state of affairs. yet with a positive result in the 2016 (r.o.e. 15,18%).

The operating result in 2016 was positive (4,5%) falling within the field's average.

The amount of the operating result for the year 2016 is of Eur. 154.335.000 with an increase of more then 100% if the compared to the previous financial year.

A gross operating margine for a value of Eur. 692.023.000 was reached. with a 21,58% increase as opposed to the preceding year.

The financial status of the company is fairly balanced with an indebtedness level of 1,1

Subject can manage an equity capital funds for an amount of Eur. 625.562.000 on the same levels as the year before.

Total indebtedness was equal to Eur. 2.636.428.000 (Eur. 1.933.489.000 was the value of m/l term debts) with no important change.

The recourse to financial credit is within the limits; on the other hand the recourse to suppliers' credit is rated as fairly high even in comparison with the sector's.

Liquid assets are good.

Trade credits average terms are slow, on average 116,97 days. within the standard level of the average of the sector.

Eur. 626.795.000 is the value of cash flow during the year 2016

Labour cost expenses amount to Eur. 176.640.000 , representing 10,14% on the total of production costs. , with a 9,84% incidence on turnover.

Limited financial charges in relation to sales volume.



Financial Data

 

Complete balance-sheet for the year

al 31/12/2016

(in Eur

x 1)

 

Item Type

Value

Sales

1.795.096.000

Profit (Loss) for the period

94.948.000

 

Complete balance-sheet for the year

al 31/12/2015

(in Eur

x 1)

 

Item Type

Value

Sales

1.736.212.000

Profit (Loss) for the period

28.067.000

 

Complete balance-sheet for the year

al 31/12/2014

(in Eur

x 1)

 

Item Type

Value

Sales

1.688.026.000

Profit (Loss) for the period

-62.282.000

 

Complete balance-sheet for the year

al 31/12/2013

(in Eur

x 1)

 

Item Type

Value

Sales

1.600.692.000

Profit (Loss) for the period

-50.317.000

 

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

 

Item Type

Value

Sales

1.600.643.000

Profit (Loss) for the period

-66.154.000



Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2016 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2015 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2014 - 12 Mesi - Currency: - Amounts x 1

 

Years

2016

2015

2014

BALANCE SHEET ACCOUNTS

 

ASSETS

CREDITS VS PARTNERS

. Deposits not yet withdrawn

. Deposits already withdrawn

Total credits vs partners

FIXED ASSETS

. INTANGIBLE FIXED ASSETS

. . Start-up and expansion expenses

. . Research,develop. and advert.expens.

. . Industrial patent rights

. . Concessions,licenses,trademarks,etc.

. . Goodwill

266.862.000

266.862.000

266.862.000

. . Assets in formation and advance paymen.

. . Other intangible fixed assets

266.978.000

256.105.000

264.070.000

. Total Intangible Fixed Assets

533.840.000

522.967.000

530.932.000

. TANGIBLE FIXED ASSETS

. . Real estate

58.703.000

59.169.000

60.921.000

. . Plant and machinery

1.819.457.000

1.740.261.000

1.698.795.000

. . Industrial and commercial equipment

. . Other assets

12.838.000

18.979.000

24.124.000

. . Assets under construction and advances

13.811.000

14.846.000

13.641.000

. Total Tangible fixed assets

1.904.809.000

1.833.255.000

1.797.481.000

. FINANCIAL FIXED ASSETS

. . Equity investments

4.168.000

562.000

457.000

. . . Equity invest. in subsidiary companies

. . . Equity invest. in associated companies

3.906.000

300.000

300.000

. . . Equity invest. in holding companies

. . . Equity invest. in other companies

262.000

262.000

157.000

. . Financial receivables

7.497.000

8.483.000

5.706.000

. . . . Within 12 months

. . . . Beyond 12 months

7.497.000

8.483.000

5.706.000

. . . Receivab due from subsidiaries

. . . . Within 12 months

. . . . Beyond 12 months

. . . Receivables due from assoc.comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . . Receivables due from holding comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . . Receivables due from third parties

7.497.000

8.483.000

5.706.000

. . . . Within 12 months

. . . . Beyond 12 months

7.497.000

8.483.000

5.706.000

. . Other securities

. . Own shares

. . . Total nominal value

. Total financial fixed assets

11.665.000

9.045.000

6.163.000

Total fixed assets

2.450.314.000

2.365.267.000

2.334.576.000

CURRENT ASSETS

. INVENTORIES

. . Raw materials and other consumables

. . Work in progress and semimanufactured

. . Work in progress on order

. . Finished goods

12.943.000

6.978.000

7.570.000

. . Advance payments

. Total Inventories

12.943.000

6.978.000

7.570.000

. CREDITS NOT HELD AS FIXED ASSETS

. . Within 12 months

777.490.000

645.355.000

654.008.000

. . Beyond 12 months

97.349.000

137.500.000

140.610.000

. . Trade receivables

583.279.000

542.878.000

589.316.000

. . . . Within 12 months

583.279.000

542.878.000

586.206.000

. . . . Beyond 12 months

3.110.000

. . Receivables due from subsid. comp.

142.400.000

53.562.000

18.375.000

. . . . Within 12 months

142.400.000

53.562.000

18.375.000

. . . . Beyond 12 months

. . Receivables due from assoc. comp.

4.679.000

3.862.000

6.452.000

. . . . Within 12 months

4.679.000

3.862.000

6.452.000

. . . . Beyond 12 months

. . Receivables due from holding comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . Fiscal Receivables

3.101.000

4.221.000

6.067.000

. . . . Within 12 months

3.101.000

4.221.000

6.067.000

. . . . Beyond 12 months

. . Receivables for anticipated taxes

97.349.000

137.500.000

137.500.000

. . . . Within 12 months

. . . . Beyond 12 months

97.349.000

137.500.000

137.500.000

. . Receivables due from third parties

44.031.000

40.832.000

36.908.000

. . . . Within 12 months

44.031.000

40.832.000

36.908.000

. . . . Beyond 12 months

. Total Credits not held as fixed assets

874.839.000

782.855.000

794.618.000

. FINANCIAL ASSETS

. . Equity invest. in subsidiary comp.

. . Equity invest. in associated companies

. . Equity invest. in holding companies

. . Other equity investments

. . Own shares

. . . Total nominale value

. . Other securities

. Total Financial Assets

. LIQUID FUNDS

. . Bank and post office deposits

16.756.000

7.966.000

8.329.000

. . Checks

. . Banknotes and coins

. Total Liquid funds

16.756.000

7.966.000

8.329.000

Total current assets

904.538.000

797.799.000

810.517.000

ADJUSTMENT ACCOUNTS

. Discount on loans

. Other adjustment accounts

77.897.000

60.166.000

64.418.000

Total adjustments accounts

77.897.000

60.166.000

64.418.000

TOTAL ASSETS

3.432.749.000

3.223.232.000

3.209.511.000

LIABILITIES

STOCKHOLDERS' EQUITY

. Capital stock

41.344.000

41.344.000

41.344.000

. Additional paid-in capital

909.783.000

909.783.000

909.783.000

. Revaluation reserves

. Legal reserve

8.269.000

8.269.000

8.269.000

. Reserve for Own shares

. Statute reserves

. Other reserves

90.997.000

91.974.000

90.502.000

. Accumulated Profits (Losses)

-519.779.000

-547.846.000

-485.563.000

. Profit( loss) of the year

94.948.000

28.067.000

-62.282.000

. Advances on dividends

. Partial loss of the year Coverage

Total Stockholders'Equity

625.562.000

531.591.000

502.053.000

RESERVES FOR RISKS AND CHARGES

. . Reserve for employee termination indem.

. . Taxation fund, also differed

. . Other funds

2.120.000

2.719.000

2.926.000

Total Reserves for Risks and Charges

2.120.000

2.719.000

2.926.000

Employee termination indemnities

17.425.000

17.120.000

18.874.000

ACCOUNTS PAYABLE

. . . . Within 12 months

702.939.000

595.328.000

612.738.000

. . . . Beyond 12 months

1.933.489.000

1.934.240.000

1.935.568.000

. . Bonds

. . . . Within 12 months

. . . . Beyond 12 months

. . Convertible bonds repayable

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to shareholders for financing

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to banks

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to other providers of finance

846.000

936.000

1.730.000

. . . . Within 12 months

562.000

377.000

902.000

. . . . Beyond 12 months

284.000

559.000

828.000

. . Advances from customers

7.873.000

7.125.000

5.806.000

. . . . Within 12 months

7.873.000

7.125.000

5.806.000

. . . . Beyond 12 months

. . Trade payables

602.030.000

492.450.000

473.981.000

. . . . Within 12 months

602.030.000

492.450.000

473.981.000

. . . . Beyond 12 months

. . Securities issued

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to subsidiary companies

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to associated companies

1.266.000

2.492.000

2.247.000

. . . . Within 12 months

1.266.000

2.492.000

2.247.000

. . . . Beyond 12 months

. . Due to holding companies

1.929.407.000

1.929.372.000

1.938.973.000

. . . . Within 12 months

6.577.000

6.542.000

16.143.000

. . . . Beyond 12 months

1.922.830.000

1.922.830.000

1.922.830.000

. . Due to the tax authorities

11.704.000

12.180.000

38.051.000

. . . . Within 12 months

11.704.000

12.180.000

38.051.000

. . . . Beyond 12 months

. . Due to social security and welfare inst.

9.297.000

9.277.000

9.131.000

. . . . Within 12 months

9.297.000

9.277.000

9.131.000

. . . . Beyond 12 months

. . Other payables

74.005.000

75.736.000

78.387.000

. . . . Within 12 months

63.630.000

64.885.000

66.477.000

. . . . Beyond 12 months

10.375.000

10.851.000

11.910.000

Total accounts payable

2.636.428.000

2.529.568.000

2.548.306.000

ADJUSTMENT ACCOUNTS

. Agio on loans

. Other adjustment accounts

151.214.000

142.234.000

137.352.000

Total adjustment accounts

151.214.000

142.234.000

137.352.000

TOTAL LIABILITIES

3.432.749.000

3.223.232.000

3.209.511.000

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

Investment accounts

Risk accounts

Civil and fiscal norms relation

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

. Revenues from sales and services

1.795.096.000

1.736.212.000

1.688.026.000

. Changes in work in progress

. Changes in semi-manufact. products

. Capitalization of internal work

34.197.000

35.237.000

36.203.000

. Other income and revenues

67.027.000

23.039.000

6.718.000

. . Contributions for operating expenses

. . Different income and revenues

67.027.000

23.039.000

6.718.000

Total value of production

1.896.320.000

1.794.488.000

1.730.947.000

PRODUCTION COSTS

. Raw material,other materials and consum.

56.377.000

64.091.000

64.390.000

. Services received

559.375.000

573.258.000

537.928.000

. Leases and rentals

397.877.000

395.476.000

399.942.000

. Payroll and related costs

176.640.000

172.220.000

178.386.000

. . Wages and salaries

124.816.000

120.347.000

121.096.000

. . Social security contributions

36.562.000

36.131.000

40.266.000

. . Employee termination indemnities

. . Pension and similar

. . Other costs

15.262.000

15.742.000

17.024.000

. Amortization and depreciation

531.847.000

548.165.000

560.650.000

. . Amortization of intangible fixed assets

139.982.000

139.850.000

140.930.000

. . Amortization of tangible fixed assets

314.571.000

324.386.000

326.580.000

. . Depreciation of tangible fixed assets

44.365.000

49.126.000

58.577.000

. . Writedown of current receiv.and of liquid

32.929.000

34.803.000

34.563.000

. Changes in raw materials

. Provisions to risk reserves

5.841.000

1.665.000

5.359.000

. Other provisions

. Other operating costs

14.028.000

20.285.000

318.000

Total production costs

1.741.985.000

1.775.160.000

1.746.973.000

Diff. between value and cost of product.

154.335.000

19.328.000

-16.026.000

FINANCIAL INCOME AND EXPENSE

. Income from equity investments

. . In subsidiary companies

. . In associated companies

. . In other companies

. Other financial income

255.000

317.000

299.000

. . Financ.income from receivables

. . . Towards subsidiary companies

. . . Towards associated companies

. . . Towards holding companies

. . . Towards other companies

. . Financ.income from secur. t.f.assets

. . Financ.income from secur. cur.assets

. . Financ.income other than the above

317.000

299.000

. . . - Subsidiary companies

. . . - Associated companies

. . . - Holding companies

. . . - Other companies

. Interest and other financial expense

-11.666.000

-25.181.000

-34.867.000

. . Towards subsidiary companies

. . Towards associated companies

. . Towards holding companies

. . Towards other companies

Total financial income and expense

-11.411.000

-24.864.000

-34.568.000

ADJUSTMENTS TO FINANCIAL ASSETS

. Revaluations

. . Of equity investments

. . Of financ.fixed assets not repres.E.I.

. . Of securities incl.among current assets

. Devaluation

. . Of equity investments

. . Of financial fixed assets (no equity inv)

. . Of securities included among current ass

Total adjustments to financial assets

EXTRAORDINARY INCOME AND EXPENSE

. Extraordinary income

. . Gains on disposals

. . Other extraordinary income

. Extraordinary expense

. . Losses on disposals

. . Taxes relating to prior years

. . Other extraordinary expense

Total extraordinary income and expense

37.103.000

Results before income taxes

142.924.000

31.567.000

-50.594.000

. Taxes on current income

47.976.000

3.500.000

11.688.000

. . current taxes

7.825.000

3.500.000

6.263.000

. . differed taxes(anticip.)

40.151.000

-5.425.000

. Net income for the period

94.948.000

28.067.000

-62.282.000

. Adjustments in tax regulations pursuance

. Provisions in tax regulations pursuance

. Profit (loss) of the year

94.948.000

28.067.000

-62.282.000

 

 

RATIOS

Value Type

as at 31/12/2016

as at 31/12/2015

as at 31/12/2014

Sector Average

COMPOSITION ON INVESTMENT

Rigidity Ratio

Units

0,71

0,73

0,73

0,36

Elasticity Ratio

Units

0,26

0,25

0,25

0,63

Availability of stock

Units

0,00

0,00

0,00

0,02

Total Liquidity Ratio

Units

0,26

0,25

0,25

0,49

Quick Ratio

Units

0,00

0,00

0,00

0,04

COMPOSITION ON SOURCE

Net Short-term indebtedness

Units

1,10

1,10

1,20

1,82

Self Financing Ratio

Units

0,18

0,16

0,16

0,27

Capital protection Ratio

Units

0,78

0,87

1,04

0,43

Liabilities consolidation quotient

Units

2,78

3,28

3,19

0,14

Financing

Units

4,21

4,76

5,08

2,46

Permanent Indebtedness Ratio

Units

0,75

0,77

0,77

0,41

M/L term Debts Ratio

Units

0,57

0,61

0,61

0,08

Net Financial Indebtedness Ratio

Units

0,00

0,00

0,00

0,01

CORRELATION

Fixed assets ratio

Units

1,05

1,05

1,05

0,97

Current ratio

Units

1,29

1,34

1,32

0,93

Acid Test Ratio-Liquidity Ratio

Units

1,27

1,33

1,31

0,85

Structure's primary quotient

Units

0,26

0,22

0,22

0,59

Treasury's primary quotient

Units

0,02

0,01

0,01

0,12

Rate of indebtedness ( Leverage )

%

548,75

606,34

639,28

360,11

Current Capital ( net )

Value

201.599.000

202.471.000

197.779.000

-87.504

RETURN

Return on Sales

%

34,92

33,19

29,52

8,22

Return on Equity - Net- ( R.O.E. )

%

15,18

5,28

-12,41

0,72

Return on Equity - Gross - ( R.O.E. )

%

22,85

5,94

-10,08

5,03

Return on Investment ( R.O.I. )

%

4,50

0,60

-0,50

3,18

Return/ Sales

%

8,60

1,11

-0,95

3,53

Extra Management revenues/charges incid.

%

61,52

145,21

n.c.

47,54

Cash Flow

Value

626.795.000

576.232.000

498.368.000

150.924

Operating Profit

Value

154.335.000

19.328.000

-16.026.000

14.193

Gross Operating Margin

Value

692.023.000

569.158.000

549.983.000

208.241

MANAGEMENT

Credits to clients average term

Days

116,97

112,56

125,68

136,65

Debts to suppliers average term

Days

899,51

845,02

867,51

187,08

Average stock waiting period

Days

2,60

1,45

1,61

5,78

Rate of capital employed return ( Turnover )

Units

0,52

0,54

0,53

0,79

Rate of stock return

Units

138,69

248,81

222,99

62,29

Labour cost incidence

%

9,84

9,92

10,57

15,65

Net financial revenues/ charges incidence

%

-0,64

-1,43

-2,05

-0,44

Labour cost on purchasing expenses

%

10,14

9,70

10,21

16,06

Short-term financing charges

%

0,44

1,00

1,37

2,54

Capital on hand

%

191,23

185,65

190,13

125,93

Sales pro employee

Value

707.009

322.656

302.839

275.615

Labour cost pro employee

Value

69.570

32.005

32.003

35.310

 

 

Remarks

 

1) Protests checking (relative to the last five years) performed by crossing and matching the members names and the Firm's Style with the reported addresses, is supplied by the Informatic Registry managed by the Italian Chamber of Commerce. If the fiscal code is not indicated, the eventual homonymous cases are submitted to expert staff evaluation in order to limit wrong matching risks.

 

2) The Legal Data, supplied and retrived from the Firm's Registry of the Italian Chamber of Commerce, are in line with the last registered modifications.

 

3) Risk evaluation and Credit Opinion have been performed on the base of the actual data at the moment of their availability.

 

 

Market / Territory Data

 

Population living in the province

:

3.839.216

Population living in the region

:

9.393.092

Number of families in the region

:

3.858.736

 

Monthly family expences average in the region (in Eur..) :

 

- per food products

:

460

- per non food products

:

2.090

- per energy consume

:

114



Statistical Detrimental Data

 

Statistically the trade activity shows periods of crisis.

The area is statistically considered lowly risky.

In the region 50.886 protested subjects are found; in the province they count to 24.765.

The insolvency index for the region is 0,55, , while for the province it is 0,66.

Total Bankrupt companies in the province : 22.523.

Total Bankrupt companies in the region : 39.612.

 

 

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 64.82

UK Pound

1

INR 90.40

Euro

1

INR 79.76

Euro

1

INR 79.70

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIY

 

 

Report Prepared by :

TPT

 


 

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)

 

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.