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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

493804

Report Date :

26.02.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

SIRTI - SOCIETA' PER AZIONI

 

 

Formerly Known As :

SISTEMI TECNOLOGICI S.P.A.

 

 

Registered Office :

Via Stamira D'ancona, 9, 20127- Milano (MI)-IT

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

09.11.2004

 

 

Legal Form :

Joint stock company

 

 

Line of Business :

·         Electrical installation

·         Electrical installation (including maintenance and repair)

·         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 :

Slow but Correct

 

 

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 and address

 

Sirti - Societa' Per Azioni

 

Via

Stamira D'ancona,

9

 

20127

- Milano

(MI)

-IT-

 

 

Summary

 

Fiscal Code

:

04596040966

Legal Form

:

Joint stock company

start of Activities

:

07/07/2006

Equity

:

Over 2.582.254

Turnover Range

:

over 129.114.224

Number of Employees

:

more than 1500

 

 

Activity

 

Electrical installation

Electrical installation (including maintenance and repair)

TELECOMMUNICATIONS

 

 

Legal Data

 

Legal Form : Joint stock company

Fiscal Code : 04596040966

 

Foreign Trade Reg. no. : MI361846 since 04/04/2007

 

Chamber of Commerce no. : 229989 of Alessandria

 

Chamber of Commerce no. : 176680 of Ancona

 

Chamber of Commerce no. : 490194 of Bari

 

Chamber of Commerce no. : 92244 of Belluno

 

Chamber of Commerce no. : 116016 of Benevento

 

Chamber of Commerce no. : 458883 of Bologna

 

Chamber of Commerce no. : 243442 of Cagliari

 

Chamber of Commerce no. : 232267 of Caserta

 

Chamber of Commerce no. : 265050 of Cuneo

 

Chamber of Commerce no. : 300149 of Como

 

Chamber of Commerce no. : 19112 of Cosenza

 

Chamber of Commerce no. : 191192 of Cosenza

 

Chamber of Commerce no. : 294723 of Catania

 

Chamber of Commerce no. : 178436 of Catanzaro

 

Chamber of Commerce no. : 190475 of Ferrara

 

Chamber of Commerce no. : 566097 of Firenze

 

Chamber of Commerce no. : 163776 of Frosinone

 

Chamber of Commerce no. : 427317 of Genova

 

Chamber of Commerce no. : 261659 of Lecce

 

Chamber of Commerce no. : 136904 of Livorno

 

Chamber of Commerce no. : 1759267 of Milano since 17/11/2004

 

Chamber of Commerce no. : 75677 of Matera

 

Chamber of Commerce no. : 758224 of Napoli

 

Chamber of Commerce no. : 213774 of Novara

 

Chamber of Commerce no. : 88099 of Nuoro

 

Chamber of Commerce no. : 261579 of Palermo

 

Chamber of Commerce no. : 365917 of Padova

 

Chamber of Commerce no. : 130495 of Pescara

 

Chamber of Commerce no. : 167414 of Reggio Calabria

 

Chamber of Commerce no. : 264243 of Reggio Emilia

 

Chamber of Commerce no. : 1143013 of Roma

 

Chamber of Commerce no. : 365746 of Salerno

 

Chamber of Commerce no. : 192940 of Trento

 

Chamber of Commerce no. : 1051697 of Torino

 

Chamber of Commerce no. : 322075 of Treviso

 

Chamber of Commerce no. : 261669 of Udine

 

Chamber of Commerce no. : 306154 of Varese

 

Chamber of Commerce no. : 372026 of Venezia

 

Chamber of Commerce no. : 351411 of Verona

 

Firms' Register : MI-2004-265850 of Milano since 17/11/2004

 

V.A.T. Code : 04596040966

 

Foundation date

: 09/11/2004

Establishment date

: 09/11/2004

Start of Activities

: 07/07/2006

Legal duration

: 31/12/2050

Nominal Capital

: 42.040.523

Subscribed Capital

: 42.040.523

Paid up Capital

: 42.040.523

 

Legal mail :

SIRTISPA@SIRTI.LEGALMAIL.IT

 

 

Members

 

Lazzarino

Alfredo

 

Born in Alba

(CN)

on 06/11/1958

- Fiscal Code : LZZLRD58S06A124D

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

20/12/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Loiola

Roberto

 

Born in Roma

(RM)

on 16/03/1965

- Fiscal Code : LLORRT65C16H501B

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

04/09/2017

Managing Director

04/09/2017

 

No Prejudicial events are reported

 

No Protests registered

 

Nappa

Andrea

 

Born in Ivrea

(TO)

on 11/11/1967

- Fiscal Code : NPPNDR67S11E379T

 

Residence:

Stamira D Ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

26/07/2017

 

Chieregati

Roberto Antonio

 

Born in Senago

(MI)

on 17/01/1967

- Fiscal Code : CHRRRT67A17I602D

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

25/07/2014

 

No Prejudicial events are reported

 

No Protests registered

 

Perrotta Iervese

Davide

 

Born in Napoli

(NA)

on 30/04/1969

- Fiscal Code : PRRDVD69D30F839X

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

07/02/2017

Responsible technician

 

No Prejudicial events are reported

 

No Protests registered

 

Gandini

Marco

 

Born in Novara

(NO)

on 17/11/1962

- Fiscal Code : GNDMRC62S17F952K

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/02/2017

 

No Prejudicial events are reported

 

No Protests registered

 

Di Salvo

Benedetto

 

Born in Roma

(RM)

on 08/01/1960

- Fiscal Code : DSLBDT60A08H501H

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

11/01/2018

 

No Prejudicial events are reported

 

No Protests registered

 

Tilio

Mauro

 

Born in Jesi

(AN)

on 01/09/1957

- Fiscal Code : TLIMRA57P01E388V

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

22/02/2011

Responsible technician

07/07/2006

Technical Manager

12/11/2009

 

No Prejudicial events are reported

 

No Protests registered

 

Pezzolo

Alberto

 

Born in Minturno

(LT)

on 15/11/1968

- Fiscal Code : PZZLRT68S15F224D

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Vigano'

Danilo

 

Born in Milano

(MI)

on 17/09/1963

- Fiscal Code : VGNDNL63P17F205C

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

10/02/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Citterio

Renzo Mario

 

Born in Vimercate

(MB)

on 08/09/1954

- Fiscal Code : CTTRZM54P08M052W

 

Residence:

Stamira D'ancona

, 9

- 20100

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

07/07/2006

 

No Protests registered

 

Radicchi

Francesco

 

Born in Cantiano

(PS)

on 08/02/1956

- Fiscal Code : RDCFNC56B08B636L

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

22/02/2011

 

No Prejudicial events are reported

 

No Protests registered

 

Trotta

Michele

 

Born in Bari

(BA)

on 12/06/1962

- Fiscal Code : TRTMHL62H12A662V

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Responsible technician

07/07/2006

Procurator

10/02/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Mosca

Antonio

 

Born in Torrebruna

(CH)

on 07/11/1957

- Fiscal Code : MSCNTN57S07L253C

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Responsible technician

07/07/2006

 

No Prejudicial events are reported

 

Remondina

Laura

 

Born in Milano

(MI)

on 05/11/1965

- Fiscal Code : RMNLRA65S45F205B

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

03/05/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Domizi

Gianluca

 

Born in Macerata

(MC)

on 06/01/1968

- Fiscal Code : DMZGLC68A06E783Z

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

19/05/2017

 

No Protests registered

 

Sannino

Giovanni

 

Born in Torre del Greco

(NA)

on 01/01/1970

- Fiscal Code : SNNGNN70A01L259O

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

16/11/2015

 

No Protests registered

 

Celentano

Raffaele

 

Born in Napoli

(NA)

on 28/12/1972

- Fiscal Code : CLNRFL72T28F839X

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Occhiochiuso

Antonio

 

Born in Foggia

(FG)

on 09/03/1963

- Fiscal Code : CCHNTN63C09D643H

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

09/03/2016

Responsible technician

11/06/2012

 

No Prejudicial events are reported

 

No Protests registered

 

Trevisan

Carlo Maria

 

Born in Milano

(MI)

on 24/10/1964

- Fiscal Code : TRVCLM64R24F205Q

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

19/05/2014

 

No Prejudicial events are reported

 

No Protests registered

 

Paulone

Amedeo Bruno Costanzo

 

Born in Genova

(GE)

on 03/10/1954

- Fiscal Code : PLNMBR54R03D969Q

 

Residence:

Stamira D Ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

25/07/2014

 

No Prejudicial events are reported

 

No Protests registered

 

Bonaldo Gregori

Gaudenzio

 

Born in Padova

(PD)

on 25/02/1968

- Fiscal Code : BNLGNZ68B25G224Y

 

Residence:

Stamira D Ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

26/07/2017

 

Benello

Davide

 

Born in Milano

(MI)

on 06/03/1954

- Fiscal Code : BNLDVD54C06F205P

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

31/01/2018

 

Riboldi

Daniele

 

Born in Monza

(MB)

on 05/05/1969

- Fiscal Code : RBLDNL69E05F704U

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

28/04/2016

 

No Protests registered

 

Rizzotti

Fabio

 

Born in Voghera

(PV)

on 10/03/1977

- Fiscal Code : RZZFBA77C10M109V

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

10/07/2015

Responsible technician

 

No Protests registered

 

Poggioli

Paolo

 

Born in Piacenza

(PC)

on 11/08/1983

- Fiscal Code : PGGPLA83M11G535P

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

12/01/2016

 

No Protests registered

 

Votta

Nicola

 

Born in Bogota'

( )

on 02/07/1967

- Fiscal Code : VTTNCL67L02Z604W

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

20/01/2016

Responsible technician

 

No Protests registered

 

Campolo

Fabio Pietro

 

Born in Gela

(CL)

on 10/12/1967

- Fiscal Code : CMPFPT67T10D960M

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

20/06/2017

Responsible technician

 

No Protests registered

 

Miglioranzi

Sandro

 

Born in Verona

(VR)

on 15/08/1970

- Fiscal Code : MGLSDR70M15L781Z

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

20/01/2016

Responsible technician

 

No Protests registered

 

Porcedda

Francesco

 

Born in Cagliari

(CA)

on 11/07/1965

- Fiscal Code : PRCFNC65L11B354V

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

20/01/2016

Responsible technician

 

No Protests registered

 

Nigri

Giovanni

 

Born in Catanzaro

(CZ)

on 04/02/1964

- Fiscal Code : NGRGNN64B04C352Q

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Responsible technician

Procurator

20/01/2016

 

No Protests registered

 

Bocca

Andrea

 

Born in Milano

(MI)

on 16/08/1974

- Fiscal Code : BCCNDR74M16F205S

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

20/01/2016

Responsible technician

 

No Protests registered

 

Davison

John

 

Born in Wotford

( )

on 14/02/1966

- Fiscal Code : DVSJHN66B14Z114P

 

Residence:

C Roccatagliata

, 4/28

- 16121

Genova

(GE)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

26/07/2017

Board Chairman

26/07/2017

 

No Prejudicial events are reported

 

No Protests registered

 

Masocco

Valerio

 

Born in Magenta

(MI)

on 30/01/1967

- Fiscal Code : MSCVLR67A30E801D

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

03/05/2016

Responsible technician

 

No Protests registered

 

Ps Reti S.p.a.

 

 

:

Degli Affari

, 2

- 20123

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Sole partner

09/08/2016

 

No Prejudicial events are reported

 

No Protests registered

 

Parton

Cristiano

 

Born in Mirano

(VE)

on 10/01/1972

- Fiscal Code : PRTCST72A10F241Z

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

01/12/2016

Responsible technician

 

No Protests registered

 

Perrone

Clemente

 

Born in Cosenza

(CS)

on 11/03/1977

- Fiscal Code : PRRCMN77C11D086O

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

08/05/2017

 

No Protests registered

 

Pappagallo

Michele

 

Born in Milano

(MI)

on 08/04/1967

- Fiscal Code : PPPMHL67D08F205C

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Responsible technician

 

Ghirardini

Stefano

 

Born in Milano

(MI)

on 27/11/1966

- Fiscal Code : GHRSFN66S27F205T

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

13/06/2017

 

No Protests registered

 

Brugnetti

Roberto

 

Born in Merate

(CO)

on 10/06/1970

- Fiscal Code : BRGRRT70H10F133X

 

Residence:

Stamira D'ancona

, 9

- 20127

Milano

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Procurator

13/06/2017

 

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.

 

Loiola

Roberto

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Alcatel-lucent Italia S.p.a.

Milano (MI) - IT -

00848700159

Managing Director

Withdrawn

Registered

Alcatel-lucent Italia S.p.a.

Milano (MI) - IT -

00848700159

Director

Withdrawn

Registered

Alcatel-lucent Italia S.p.a.

Milano (MI) - IT -

00848700159

Board Chairman

Withdrawn

Registered

Nokia Italia S.p.a.

Milano (MI) - IT -

02422230967

Procurator

Withdrawn

Ceased

 

Davison

John

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

Premuda - Societa' Per Azioni

Genova (GE) - IT -

00103690327

Director

Active

Registered

Premuda - Societa' Per Azioni

Genova (GE) - IT -

00103690327

Board Chairman

Active

Registered

Ps Reti S.p.a.

Milano (MI) - IT -

09548890962

Director

Active

Registered

Ps Reti S.p.a.

Milano (MI) - IT -

09548890962

Board Chairman

Active

Registered

Pillarstone Italy S.p.a.

Milano (MI) - IT -

09165350969

Director

Active

Registered

Pillarstone Italy S.p.a.

Milano (MI) - IT -

09165350969

Board Chairman

Active

Registered

Ps Navi S.p.a.

Milano (MI) - IT -

09853890961

Director

Active

Registered

Ps Navi S.p.a.

Milano (MI) - IT -

09853890961

Board Chairman

Active

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

Ps Reti S.p.a.

Milano - IT -

09548890962

 

 

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

Interporto Toscano A. Vespucci Spa Liv orno - Guasticce

Collesalvetti - IT -

00882050495

25.823 .Eur

0,11

Active

Tram Di Firenze S.p.a.

Firenze - IT -

05529970484

181.510 .Eur

1,81

Active

Consorzio Saturno Per La Realizzazione D i Opere Ferroviarie Ad E Levato Contenut

Roma - IT -

07580690589

Active

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

Roma - IT -

04308521006

51 .Eur

0,10

Active

Sirti Energia S.p.a.

Roccavignale - IT -

10331420017

1.000.000 .Eur

100,00

Active

Spv Linea M4 S.p.a. O In Forma Abbreviat a M4 Spa

08876260962

199.500 .Eur

0,40

Active

E.e.s.co S.r.l. In Liquidazione

Marcallo Con Casone - IT -

04813570969

1.787 .Eur

1,19

Active

Consorzio Mm4 In Sigla Cmm4

07781530964

Active

Autosarc 6 Societa' Consortile A Respons abilita' Limitata

Roma - IT -

11933121003

4.900 .Eur

49,00

Active

Brescia Milano Impianti Societa' Consort Ile A Responsabilita' Limitata

Tortona - IT -

02402380063

4.000 .Eur

40,00

Active

Blue Simeco Societa' Consortile A Respon sabilita' Limitata

Napoli - IT -

07226541212

4.345 .Eur

43,45

Active

Sigonella Societa' Consortile A Responsa bilita' Limitata

14565021004

3.000 .Eur

30,00

Active

Sirti Alliance For Infrastructures S.c.a R.l. In Breve Solo S.a.i. S.c. A R.l.

09821640969

9.000 .Eur

90,00

Active



Firm's location and structure

 

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

 

-

Legal and operative seat

 

Stamira D'ancona

, 9

- 20100

- Milano

(MI)

- IT -

 

PHONE

: 0295881

 

Website

: www.sirti.com

 

Legal mail

: SIRTISPA@SIRTI.LEGALMAIL.IT

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Dell'industria Ex V. P.s.

, 73

- 37047

- San Bonifacio

(VR)

- IT -

 

PHONE

: 0131216464

 

PHONE

: 0717202301

 

PHONE

: 0809265501

 

PHONE

: 0437750124

 

PHONE

: 0824362500

 

PHONE

: 0516034311

 

PHONE

: 07022841

 

PHONE

: 0984404400

 

PHONE

: 0776465078

 

PHONE

: 0833832184

 

PHONE

: 0813950111

 

PHONE

: 0917930103

 

PHONE

: 085417741

 

PHONE

: 0828301754

 

PHONE

: 0461658026

 

PHONE

: 0438496111

 

PHONE

: 0432839411

 

PHONE

: 0456137821

 

PHONE

: 0968457411

 

FAX

: 00

 

FAX

: 0437751226

 

FAX

: 0824362600

 

FAX

: 0516011087

 

FAX

: 0833832192

 

FAX

: 0818331104

 

FAX

: 0461659105

 

FAX

: 0438496505

 

FAX

: 0432839425

 

FAX

: 0717202301

 

-

Branch

(office)

since 14/10/2008

 

Del Vo'

, 1

- 38100

- Trento

(TN)

- IT -

 

PHONE

: 0558868701

 

PHONE

: 0623525111

 

PHONE

: 097571202

 

PHONE

: 0461236930

 

FAX

: 0558868701

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Delle Violette

, SNC

- 70026

- Modugno

(BA)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Della Bella Villa

, 220/222

- 00100

- Roma

(RM)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Dell'elettricista

, 11

- 40100

- Bologna

(BO)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Malignani

, 54

- 33031

- Basiliano

(UD)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Borsellino

, 125

- 80025

- Casandrino

(NA)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Dell'adige Vecchio

, 1

- 38030

- Rovere della Luna

(TN)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Rana

, SNC

- 15100

- Alessandria

(AL)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Vanoni

, 7

- 20017

- Rho

(MI)

- IT -

 

PHONE

: 00

 

FAX

: 00

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

Vittorio Bottego

, 20

- 87036

- Rende

(CS)

- IT -

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

Bombrini

, 11

- 16100

- Genova

(GE)

- IT -

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

Europa Ss 602 Km. 58+025

- 65010

- Spoltore

(PE)

- IT -

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

Rosa Jemma

, 108

- 84091

- Battipaglia

(SA)

- IT -

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

Fondaco Frustato

, SNC

- 88040

- Feroleto Antico

(CZ)

- IT -

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

Baldanzese

, 149

- 50041

- Calenzano

(FI)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Giovanni Picone

, 29

- 90044

- Carini

(PA)

- IT -

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

Zona Industriale

- 73048

- Nardo'

(LE)

- IT -

 

-

Branch

(Branch)

since 29/01/2007

 

Vicino La Moschea Badr

, Loc: GARGARESH

- Tripoli

(EE)

- LY -

 

PHONE

: 3330625

 

-

Branch

(Branch)

since 03/04/2007

 

Office N. 13

, Loc: DEIRA - NAIET

- Dubai

- IT -

 

-

Branch

(Office with warehouse)

since 01/07/2007

 

Vittorio Veneto

, 28

- 32020

- Lentiai

(BL)

- IT -

 

-

Branch

(office)

since 24/08/2009

 

Valcorrente

, Loc: PIANO TAVOLA

- 95032

- Belpasso

(CT)

- IT -

 

-

Branch

(office)

since 07/07/2006

 

Edison

, 6

- 60027

- Osimo

(AN)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Ss Appia

, 7

- 82100

- Benevento

(BN)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

San Simone

, SNC

- 09100

- Cagliari

(CA)

- IT -

 

-

Branch

(office)

since 10/06/2009

 

Fontana Livia

, SN

- 03043

- Cassino

(FR)

- IT -

 

-

Branch

(Office with warehouse)

since 01/10/2006

 

S.m. Della Misericordia

, S.N.C.

- 84036

- Sala Consilina

(SA)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

F.lli Varian

, 71

- 10040

- Leini

(TO)

- IT -

 

-

Branch

(Office with warehouse)

since 07/07/2006

 

Cittadella

, 17

- 31010

- Mareno di Piave

(TV)

- IT -

 

-

Branch

(Branch)

since 18/09/2012

 

Box 24083

, -

- Goteborg

(EE)

- SE -

 

-

Branch

(Administrative office)

since 15/05/2013

 

Dell'industria

, 157

- 20020

- Busto Garolfo

(MI)

- IT -

 

-

Branch

(Branch)

since 12/06/2013

 

Strada Muroor - Piano 15

, UFF 1503

- Isola Di Abu Dhabi

- IT -

 

-

Branch

(Branch)

since 02/09/2015

 

Mila

, 2

- Varsavia

(EE)

- PL -

 

-

Branch

(office)

since 25/05/2016

 

Di Sponda Nuova

, 59

- 16100

- Genova

(GE)

- IT -

 

-

Branch

(office)

since 01/06/2017

 

Ovada

, 43CEI R.

- 16100

- Genova

(GE)

- IT -

 

-

Branch

(Administrative office)

since 21/07/2017

 

Ignazio Pettinengo

, 13

- 00100

- Roma

(RM)

- IT -

 

-

Branch

(Branch)

since 18/11/2017

 

Modecenterstrasse

, 22

- Vienna

(EE)

- AT -

 

Employees

: 3.941

 

Fittings and Equipment for a value of 5.360.000

Eur

 

Stocks for a value of 25.870.000

Eur

 

Work in progress for a value of 1.850.000

Eur

 

Trade organization: direct or by agents.

The company sells in Italy and abroad.

The company 's mainly customers are companies.

Financial means used for sale: bank transfers and bank orders.

Main used payment modalities are by cash orders and bank transfers.

 

 

Traded Brands / Suppliers

 

- TECHINT COMPAGNIA TECNICA INTE

 

- SIMET SPA

 

 

Historical Information and/or Firm's Status

 

COMPANY STYLE MODIFICATIONS:

 

Former Style

New Style

Changement Date

SISTEMI TECNOLOGICI S.P.A.

SIRTI S.P.A.

30/06/2006

 

CEASINGS/INCORPORATIONS/MERGES:

 

Project of merging by taking over of

 

Sirti Societa' Per Azioni

 

Stamira D'ancona

, 9

, 20100

, Milano

(MI)

- IT -

 

Fiscal Code: 00748480159

 

Date

Merging/splitting-up project:

21/10/2005

 

The firm absorbed by merging of

 

Sirti Societa' Per Azioni

 

Stamira D'ancona

, 9

, 20100

, Milano

(MI)

- IT -

 

Fiscal Code: 00748480159

 

Date

:

30/06/2006

 

Project of merging by taking over of

 

Sirti Sistemi S.p.a. - Con Unico Socio

 

Valtorta

, 52

, 20127

, Milano

(MI)

- IT -

 

Fiscal Code: 06683351008

 

Date

Merging/splitting-up project:

22/03/2006

 

The firm absorbed by merging of

 

Sirti Sistemi S.p.a. - Con Unico Socio

 

Valtorta

, 52

, 20127

, Milano

(MI)

- IT -

 

Fiscal Code: 06683351008

 

Date

:

12/07/2006

 

Project of merging by taking over of

 

Sistemi Tecnologici Holding S.p.a.

 

Pietro Mascagni

, 14

, 20122

, Milano

(MI)

- IT -

 

Fiscal Code: 04512280969

 

Date

Merging/splitting-up project:

26/01/2009

 

The firm absorbed by merging of

 

V.i.i.t. - Veicolo Italiano InvestimentiTecnologici S.p.a.

 

Mascagni Pietro

, 14

, 20122

, Milano

(MI)

- IT -

 

Fiscal Code: 03886540966

 

Date

:

15/04/2009



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:

 

Mortgage by Court Injunction on 06/03/2015. for an amount of 85.000 Euro. Event writing-off

  BANCA POPOLARE DI VICENZA S. C. P. A.



Search performed on a specialized data base.

 

 

Legal Procedures

 

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

 

 


Bankers

 

The firm operates with:

 

Bank Name

Agency Name

Address

ZIP Code

City

ABI Code

CAB Code

SANPAOLO-IMI S.P.A.

MILANO SEDE

VIA BROLETTO, 9/11

20100

Milano

1025

1600

 

 

National Real Estates Survey

 

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

 

Town

Cadastre

No. Immovables

Up to Date

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

ROMA (RM) VIA IGNAZIO PETTINENGO, 15 Piano T-1

604

419

zona4 cat. D/8

Euro: 41.347,54

2438633

 

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 2006

An eco-fin analysis has been made on the base od the b/s fo the years 2014, 2015 and 2016.

Under the financial profile unstable results are noted. anyway in 2016 a positive result was achieved (r.o.e. 0,87%).

The operating result in 2016 was positive (0,68%) and reflects the field's average.

An operating result of Eur. 4.527.000 has been registered. showing a fall as opposed to the previous year (-63,33%).

The G.O.M. amounted to Eur. 24.703.000 showing a drop (-24,19%).

The analysis shows a fair financial position as the indebtedness volume is acceptable (2,79) and falling as against the previous year (5,46).

The equity capital is equal to Eur. 68.197.000 , increasing by 52,01% if compared to the year before.

In the year 2016 total debts amounted to Eur. 519.119.000 with no important change.

Financial indebtedness is considered fair whereas the recourse to commercial borrowings is high however still within the sector's average.

Liquidity is however good.

Due from customers average term is high and equal to 189,79 days. even if compared to the average of the sector.

The financial management generated a cash flow of Eur. 16.954.000.

Labour cost expenses amount to Eur. 188.048.000 , representing 31,89% on the total of production costs. , whereas 29,85% is the incidence on sales revenues.

If compared to the sales volume (-1,09%), the impact of the financial charges is limited.



Financial Data

 

Complete balance-sheet for the year

al 31/12/2016

(in Eur

x 1)

 

Item Type

Value

Sales

629.951.000

Profit (Loss) for the period

594.000

 

Complete balance-sheet for the year

al 31/12/2015

(in Eur

x 1)

 

Item Type

Value

Sales

595.642.000

Profit (Loss) for the period

4.059.000

 

Complete balance-sheet for the year

al 31/12/2014

(in Eur

x 1)

 

Item Type

Value

Sales

480.105.000

Profit (Loss) for the period

-2.561.000

 

Complete balance-sheet for the year

al 31/12/2013

(in Eur

x 1)

 

Item Type

Value

Sales

502.882.000

Profit (Loss) for the period

-42.727.000

 

Complete balance-sheet for the year

al 31/12/2012

(in Eur

x 1)

 

Item Type

Value

Sales

362.120.000

Profit (Loss) for the period

-1.940.000



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

8.408.000

11.301.000

13.768.000

. . Concessions,licenses,trademarks,etc.

312.000

286.000

549.000

. . Goodwill

183.160.000

183.160.000

183.160.000

. . Assets in formation and advance paymen.

13.346.000

9.968.000

8.050.000

. . Other intangible fixed assets

7.086.000

14.816.000

22.546.000

. Total Intangible Fixed Assets

212.312.000

219.531.000

228.073.000

. TANGIBLE FIXED ASSETS

. . Real estate

1.635.000

1.678.000

1.721.000

. . Plant and machinery

2.227.000

1.067.000

378.000

. . Industrial and commercial equipment

3.130.000

1.675.000

1.794.000

. . Other assets

5.038.000

2.988.000

4.083.000

. . Assets under construction and advances

1.186.000

28.000

68.000

. Total Tangible fixed assets

13.216.000

7.436.000

8.044.000

. FINANCIAL FIXED ASSETS

. . Equity investments

5.565.000

5.032.000

6.030.000

. . . Equity invest. in subsidiary companies

2.486.000

1.939.000

2.829.000

. . . Equity invest. in associated companies

2.089.000

2.089.000

2.347.000

. . . Equity invest. in holding companies

. . . Equity invest. in other companies

990.000

1.004.000

854.000

. . Financial receivables

2.832.000

1.775.000

796.000

. . . . Within 12 months

. . . . Beyond 12 months

2.832.000

1.775.000

796.000

. . . 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

2.832.000

1.775.000

796.000

. . . . Within 12 months

. . . . Beyond 12 months

2.832.000

1.775.000

796.000

. . Other securities

. . Own shares

. . . Total nominal value

. Total financial fixed assets

8.397.000

6.807.000

6.826.000

Total fixed assets

233.925.000

233.774.000

242.943.000

CURRENT ASSETS

. INVENTORIES

. . Raw materials and other consumables

23.890.000

17.751.000

14.804.000

. . Work in progress and semimanufactured

. . Work in progress on order

1.851.000

1.218.000

2.288.000

. . Finished goods

8.000

76.000

. . Advance payments

128.000

128.000

. Total Inventories

25.869.000

19.105.000

17.168.000

. CREDITS NOT HELD AS FIXED ASSETS

. . Within 12 months

353.381.000

343.702.000

352.743.000

. . Beyond 12 months

11.629.000

18.685.000

25.326.000

. . Trade receivables

332.115.000

330.562.000

332.821.000

. . . . Within 12 months

332.110.000

330.558.000

332.521.000

. . . . Beyond 12 months

5.000

4.000

300.000

. . Receivables due from subsid. comp.

3.223.000

2.208.000

2.357.000

. . . . Within 12 months

3.223.000

2.208.000

2.357.000

. . . . Beyond 12 months

. . Receivables due from assoc. comp.

1.633.000

12.226.000

11.864.000

. . . . Within 12 months

1.633.000

2.398.000

2.036.000

. . . . Beyond 12 months

9.828.000

9.828.000

. . Receivables due from holding comp.

. . . . Within 12 months

. . . . Beyond 12 months

. . Fiscal Receivables

20.542.000

10.237.000

16.898.000

. . . . Within 12 months

8.993.000

1.384.000

1.700.000

. . . . Beyond 12 months

11.549.000

8.853.000

15.198.000

. . Receivables for anticipated taxes

. . . . Within 12 months

. . . . Beyond 12 months

. . Receivables due from third parties

7.497.000

7.154.000

14.129.000

. . . . Within 12 months

7.422.000

7.154.000

14.129.000

. . . . Beyond 12 months

75.000

. Total Credits not held as fixed assets

365.010.000

362.387.000

378.069.000

. 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

122.000

. LIQUID FUNDS

. . Bank and post office deposits

40.768.000

105.939.000

92.543.000

. . Checks

. . Banknotes and coins

2.000

2.000

6.000

. Total Liquid funds

40.770.000

105.941.000

92.549.000

Total current assets

431.771.000

487.433.000

487.786.000

ADJUSTMENT ACCOUNTS

. Discount on loans

. Other adjustment accounts

3.807.000

4.213.000

2.344.000

Total adjustments accounts

3.807.000

4.213.000

2.344.000

TOTAL ASSETS

669.503.000

725.420.000

733.073.000

LIABILITIES

STOCKHOLDERS' EQUITY

. Capital stock

42.041.000

41.041.000

41.041.000

. Additional paid-in capital

29.397.000

5.397.000

5.397.000

. Revaluation reserves

. Legal reserve

203.000

. Reserve for Own shares

. Statute reserves

. Other reserves

-7.894.000

-5.635.000

-4.252.000

. Accumulated Profits (Losses)

3.856.000

. Profit( loss) of the year

594.000

4.059.000

-2.561.000

. Advances on dividends

. Partial loss of the year Coverage

Total Stockholders'Equity

68.197.000

44.862.000

39.625.000

RESERVES FOR RISKS AND CHARGES

. . Reserve for employee termination indem.

. . Taxation fund, also differed

19.912.000

25.379.000

46.643.000

. . Other funds

17.636.000

16.387.000

14.026.000

Total Reserves for Risks and Charges

37.548.000

41.766.000

60.669.000

Employee termination indemnities

44.639.000

43.659.000

46.321.000

ACCOUNTS PAYABLE

. . . . Within 12 months

231.205.000

350.797.000

398.189.000

. . . . Beyond 12 months

287.914.000

242.643.000

186.188.000

. . 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

289.805.000

321.274.000

293.388.000

. . . . Within 12 months

3.311.000

79.249.000

107.834.000

. . . . Beyond 12 months

286.494.000

242.025.000

185.554.000

. . Due to other providers of finance

23.819.000

. . . . Within 12 months

23.819.000

. . . . Beyond 12 months

. . Advances from customers

2.425.000

1.090.000

1.502.000

. . . . Within 12 months

2.425.000

1.090.000

1.502.000

. . . . Beyond 12 months

. . Trade payables

178.670.000

204.691.000

207.253.000

. . . . Within 12 months

178.650.000

204.673.000

207.219.000

. . . . Beyond 12 months

20.000

18.000

34.000

. . Securities issued

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to subsidiary companies

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to associated companies

1.519.000

2.432.000

3.837.000

. . . . Within 12 months

1.519.000

2.432.000

3.837.000

. . . . Beyond 12 months

. . Due to holding companies

. . . . Within 12 months

. . . . Beyond 12 months

. . Due to the tax authorities

14.465.000

31.323.000

19.846.000

. . . . Within 12 months

14.465.000

31.323.000

19.846.000

. . . . Beyond 12 months

. . Due to social security and welfare inst.

12.124.000

12.314.000

14.491.000

. . . . Within 12 months

12.124.000

12.314.000

14.491.000

. . . . Beyond 12 months

. . Other payables

20.111.000

20.316.000

20.241.000

. . . . Within 12 months

18.711.000

19.716.000

19.641.000

. . . . Beyond 12 months

1.400.000

600.000

600.000

Total accounts payable

519.119.000

593.440.000

584.377.000

ADJUSTMENT ACCOUNTS

. Agio on loans

. Other adjustment accounts

1.693.000

2.081.000

Total adjustment accounts

1.693.000

2.081.000

TOTAL LIABILITIES

669.503.000

725.420.000

733.073.000

 

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

629.951.000

595.642.000

480.105.000

. Changes in work in progress

. Changes in semi-manufact. products

-46.016.000

42.227.000

128.595.000

. Capitalization of internal work

7.417.000

3.234.000

3.812.000

. Other income and revenues

2.900.000

3.543.000

2.593.000

. . Contributions for operating expenses

92.000

. . Different income and revenues

2.900.000

3.543.000

2.501.000

Total value of production

594.252.000

644.646.000

615.105.000

PRODUCTION COSTS

. Raw material,other materials and consum.

103.617.000

111.136.000

109.212.000

. Services received

259.593.000

288.771.000

268.144.000

. Leases and rentals

21.607.000

22.660.000

20.725.000

. Payroll and related costs

188.048.000

186.716.000

179.650.000

. . Wages and salaries

132.776.000

133.755.000

126.820.000

. . Social security contributions

41.421.000

42.115.000

39.540.000

. . Employee termination indemnities

. . Pension and similar

. . Other costs

13.851.000

10.846.000

13.290.000

. Amortization and depreciation

16.360.000

16.327.000

16.800.000

. . Amortization of intangible fixed assets

12.292.000

12.158.000

12.253.000

. . Amortization of tangible fixed assets

3.729.000

3.768.000

4.251.000

. . Depreciation of tangible fixed assets

. . Writedown of current receiv.and of liquid

339.000

401.000

296.000

. Changes in raw materials

-6.139.000

-2.947.000

2.094.000

. Provisions to risk reserves

3.816.000

3.915.000

2.634.000

. Other provisions

. Other operating costs

2.823.000

5.721.000

3.450.000

Total production costs

589.725.000

632.299.000

602.709.000

Diff. between value and cost of product.

4.527.000

12.347.000

12.396.000

FINANCIAL INCOME AND EXPENSE

. Income from equity investments

. . In subsidiary companies

. . In associated companies

. . In other companies

. Other financial income

255.000

457.000

155.000

. . 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

255.000

457.000

. . . - Subsidiary companies

. . . - Associated companies

. . . - Holding companies

. . . - Other companies

. Interest and other financial expense

-7.109.000

-10.054.000

-12.489.000

. . Towards subsidiary companies

. . Towards associated companies

. . Towards holding companies

. . Towards other companies

Total financial income and expense

-6.854.000

-9.597.000

-12.334.000

ADJUSTMENTS TO FINANCIAL ASSETS

. Revaluations

. . Of equity investments

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

. . Of securities incl.among current assets

. Devaluation

-1.253.000

-1.578.000

. . Of equity investments

-1.253.000

-1.578.000

. . Of financial fixed assets (no equity inv)

. . Of securities included among current ass

Total adjustments to financial assets

-1.253.000

-1.578.000

EXTRAORDINARY INCOME AND EXPENSE

. Extraordinary income

2.329.000

. . Gains on disposals

253.000

. . Other extraordinary income

2.076.000

. Extraordinary expense

. . Losses on disposals

. . Taxes relating to prior years

. . Other extraordinary expense

Total extraordinary income and expense

1.191.000

4.675.000

2.329.000

Results before income taxes

-2.389.000

5.847.000

2.391.000

. Taxes on current income

-2.983.000

1.788.000

4.952.000

. . current taxes

3.310.000

4.501.000

7.900.000

. . differed taxes(anticip.)

6.293.000

-2.713.000

-2.948.000

. Net income for the period

594.000

4.059.000

-2.561.000

. Adjustments in tax regulations pursuance

. Provisions in tax regulations pursuance

. Profit (loss) of the year

594.000

4.059.000

-2.561.000

 

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

0,35

0,32

0,33

0,36

Elasticity Ratio

Units

0,64

0,67

0,67

0,63

Availability of stock

Units

0,04

0,03

0,02

0,02

Total Liquidity Ratio

Units

0,61

0,65

0,64

0,49

Quick Ratio

Units

0,06

0,15

0,13

0,04

COMPOSITION ON SOURCE

Net Short-term indebtedness

Units

2,79

5,46

7,71

1,82

Self Financing Ratio

Units

0,10

0,06

0,05

0,27

Capital protection Ratio

Units

0,37

-0,01

0,03

0,43

Liabilities consolidation quotient

Units

1,44

0,82

0,58

0,14

Financing

Units

7,61

13,23

14,75

2,46

Permanent Indebtedness Ratio

Units

0,60

0,46

0,37

0,41

M/L term Debts Ratio

Units

0,50

0,39

0,32

0,08

Net Financial Indebtedness Ratio

Units

3,65

4,80

5,67

0,01

CORRELATION

Fixed assets ratio

Units

1,71

1,42

1,12

0,97

Current ratio

Units

1,87

1,39

1,23

0,93

Acid Test Ratio-Liquidity Ratio

Units

1,76

1,34

1,18

0,85

Structure's primary quotient

Units

0,29

0,19

0,16

0,59

Treasury's primary quotient

Units

0,18

0,30

0,23

0,12

Rate of indebtedness ( Leverage )

%

981,72

1617,00

1850,03

360,11

Current Capital ( net )

Value

200.566.000

136.636.000

89.597.000

-87.504

RETURN

Return on Sales

%

2,69

3,42

2,97

8,22

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

%

0,87

9,05

-6,46

0,72

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

%

-3,50

13,03

6,03

5,03

Return on Investment ( R.O.I. )

%

0,68

1,70

1,69

3,18

Return/ Sales

%

0,72

2,07

2,58

3,53

Extra Management revenues/charges incid.

%

13,12

32,87

-20,66

47,54

Cash Flow

Value

16.954.000

20.386.000

14.239.000

150.924

Operating Profit

Value

4.527.000

12.347.000

12.396.000

14.193

Gross Operating Margin

Value

24.703.000

32.589.000

31.830.000

208.241

MANAGEMENT

Credits to clients average term

Days

189,79

199,79

249,56

136,65

Debts to suppliers average term

Days

168,57

176,46

190,90

187,08

Average stock waiting period

Days

14,78

11,55

12,87

5,78

Rate of capital employed return ( Turnover )

Units

0,94

0,82

0,65

0,79

Rate of stock return

Units

24,35

31,18

27,97

62,29

Labour cost incidence

%

29,85

31,35

37,42

15,65

Net financial revenues/ charges incidence

%

-1,09

-1,61

-2,57

-0,44

Labour cost on purchasing expenses

%

31,89

29,53

29,81

16,06

Short-term financing charges

%

1,37

1,69

2,14

2,54

Capital on hand

%

106,28

121,79

152,69

125,93

Sales pro employee

Value

107.207

102.098

133.771

275.615

Labour cost pro employee

Value

32.002

32.004

50.055

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

 

Statistcally 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 79.71 

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

Report Prepared by :

SYL

                                                


 

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.