MIRA INFORM REPORT

Report No. :	515131
Report Date :	22.06.2018

IDENTIFICATION DETAILS

Name :	APLICACIONES TECNOLOGICAS SOCIEDAD ANONIMA
Registered Office :	Parque Tecnologico., C/ Nicolas Copernico, 4. - Paterna - 46980 - Valencia
Country :	Spain
Financials (as on) :	31.12.2016
Date of Incorporation :	26.02.1986
Legal Form :	Public Company
Line of Business :	Subject is engaged in the research, development, production, marketing, distribution, installation and maintenance of electrical and electronic systems and equipment, electromedical equipment, radiation protection and medical physics, security equipment, sensors and detectors, electrical protections, balizami.
No. of Employees :	91 (2016)

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

A+

Credit Rating	Explanation	Rating Comments
A+	Low Risk	Business dealings permissible with low risk of default

Status :	Good
Payment Behaviour :	Regular
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 (31.12.2017)	Current Rating (01.04.2018)
Spain	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

SPAIN - ECONOMIC OVERVIEW

After a prolonged recession that began in 2008 in the wake of the global financial crisis, Spain marked the fourth full year of positive economic growth in 2017, with economic activity surpassing its pre-crisis peak, largely because of increased private consumption. The financial crisis of 2008 broke 16 consecutive years of economic growth for Spain, leading to an economic contraction that lasted until late 2013. In that year, the government successfully shored up its struggling banking sector - heavily exposed to the collapse of Spain’s real estate boom - with the help of an EU-funded restructuring and recapitalization program.

Until 2014, contraction in bank lending, fiscal austerity, and high unemployment constrained domestic consumption and investment. The unemployment rate rose from a low of about 8% in 2007 to more than 26% in 2013, but labor reforms prompted a modest reduction to 16.4% in 2017. High unemployment strained Spain's public finances, as spending on social benefits increased while tax revenues fell. Spain’s budget deficit peaked at 11.4% of GDP in 2010, but Spain gradually reduced the deficit to about 3.3% of GDP in 2017. Public debt has increased substantially – from 60.1% of GDP in 2010 to nearly 96.7% in 2017.

Strong export growth helped bring Spain's current account into surplus in 2013 for the first time since 1986 and sustain Spain’s economic growth. Increasing labor productivity and an internal devaluation resulting from moderating labor costs and lower inflation have improved Spain’s export competitiveness and generated foreign investor interest in the economy, restoring FDI flows.

In 2017, the Spanish Government’s minority status constrained its ability to implement controversial labor, pension, health care, tax, and education reforms. The European Commission expects the government to meet its 2017 budget deficit target and anticipates that expected economic growth in 2018 will help the government meet its deficit target. Spain’s borrowing costs are dramatically lower since their peak in mid-2012, and increased economic activity has generated a modest level of inflation, at 2% in 2017.

Source : CIA

EXECUTIVE SUMMARY

Name:	APLICACIONES TECNOLOGICAS SOCIEDAD ANONIMA
NIF / Fiscal code:	A46309688
Trade Name	ATSA
Status:	ACTIVE
Incorporation Date:	26/02/1986
Register Data	Register Section 8 Sheet 23810
Last Publication in BORME:	30/04/2018 [Reelections]
Last Published Account Deposit:	2016
Share Capital:	60.101,21
Localization:	PARQUE TECNOLOGICO., C/ NICOLAS COPERNICO, 4. - PATERNA - 46980 - VALENCIA
Telephone - Fax - Email - Website:	Telephone. 961 318 250 Email. atsa@at3w.com Website. www.at3w.com
Number of Branches	2
Activity:
NACE:	4690 - Non-specialised wholesale trade
Registered Trademarks:
Audited / Opinion:	Si /
Tenders and Awards:	86 for a total cost of 20.819.108,22
Subsidies:	4 for a total cost of 220222.06
Main products / services:	Pararrayos y mallas conductorasProtectores contra sobretensionesDetectores de tormentas
Quality Certificate:	No
Prospects:	Consolidation
Industry situation:	Maturity

Defaults, Legal Claims and Insolvency Proceedings

	Number	Amount (€)	Most Recent Entry
Insolvency Proceedings, Bankruptcy and Suspension of Payments	Unpublished	---	---
Defaults on debt with Financial Institutions and Large Companies	None	---	---
Judicial Claims (Notices, Executive Proceedings, Attachments, Auctions, Bad Debt)	1	0	---
Proceedings heard by the Civil Court	Unpublished	0	---
Proceedings heard by the Labour Court	Unpublished	0	---

Partners:

CARLOS POMAR GARCIA
RODRIGUEZ SAN PEDRO PICO JOSE
Shares:	0
Other Links:	1
No. of Active Corporate Bodies:	JOINT MANAGER 3

Ratios

2016

2015

Change

Guarantees:
Properties Registered:	Company NO, Administrator NO
Financing / Guarantee Sources :	Sources YES, Guarantees YES
INVESTIGATION SUMMARY
This company was incorporated in 1986 and is engaged in the research, development, production, marketing and installation of lightning protection systems. Its activity is developed at national and international level, being present in more than 80 countries. In the sources consulted, nothing significant appears against them. In view of the foregoing, we believe that it can continue to be related in risk operations, according to its size.
Interviewed Person:

Enquiry Details

Identification
Social Denomination:	APLICACIONES TECNOLOGICAS SOCIEDAD ANONIMA
Trade Name:	ATSA
NIF / Fiscal code:	A46309688
Corporate Status:	ACTIVE
Start of activity:	1986
Registered Office:	PARQUE TECNOLOGICO., C/ NICOLAS COPERNICO, 4.
Locality:	PATERNA
Province:	VALENCIA
Postal Code:	46980
Telephone:	961 318 250
Fax:	961 318 206
Website:	www.at3w.com
Email:	atsa@at3w.com
Interviewed Person:	The present information has been obtained through indirect sources, in view of the refusal of those responsible for the owner to provide any type of collaboration for the preparation of this work.

Branch Offices

Address	Postal Code	City	Province
Avda. Madrid, 120 Nave-15	28500	Arganda del Rey	Madrid
Brutau, 98 Local-2	08203	Sabadell	Barcelona

Activity
NACE:	4690
Corporate Purpose:	The company is engaged in the research, development, production, marketing, distribution, installation and maintenance of electrical and electronic systems and equipment, electromedical equipment, radiation protection and medical physics, security equipment, sensors and detectors, electrical protections, balizami, etc.
Additional Information:	It is also engaged in the research, development, production, marketing and installation of lightning protection systems.
Additional Address:	The Registered Office and central premises are located at the heading address. It also has two Delegations which will be quoted in the corresponding section.
Franchise:	No
Import / export:	EXPORTS
Future Perspective:	Consolidation
Industry situation:	Maturity

Main products / services

Product	% Over Sales
Pararrayos y mallas conductoras
Protectores contra sobretensiones
Detectores de tormentas
Material de puesta a tierra
Soldadura aluminotérmica

Number of Employees

Year	No. of employees	Established	Incidentals
91	2016

The data of employees is from the latest available financial statements in . Failing that, are estimates data calculated by statistical methods

Chronological Summary
	Year	Act
	1990	Appointments/ Re-elections (1)
	1992	Accounts deposit (year 1990, 1991)
	1993	Accounts deposit (year 1992) Adaptation to Law (1) Appointments/ Re-elections (1) Cessations/ Resignations/ Reversals (1) Change of Social Purpose (1) Increase of Capital (1)
	1994	Accounts deposit (year 1993)
	1995	Accounts deposit (year 1994)
	1996	Change of Social address (1)
	1997	Accounts deposit (year 1995, 1996) Dividends Payment (1)
	1998	Accounts deposit (year 1997) Appointments/ Re-elections (2) Cessations/ Resignations/ Reversals (1)
	1999	Accounts deposit (year 1998) Change of Social address (1)
	2000	Accounts deposit (year 1999)
	2002	Accounts deposit (year 2000) Appointments/ Re-elections (1)
	2003	Accounts deposit (year 2001, 2002) Appointments/ Re-elections (1)
	2004	Accounts deposit (year 2003)
	2005	Accounts deposit (year 2004) Appointments/ Re-elections (2)
	2006	Accounts deposit (year 2005)
	2007	Accounts deposit (year 2006)
	2008	Accounts deposit (year 2007) Appointments/ Re-elections (1)
	2009	Accounts deposit (year 2008)
	2010	Accounts deposit (year 2009) Appointments/ Re-elections (1) Cessations/ Resignations/ Reversals (1) Change of Social Purpose (1)
	2011	Accounts deposit (year 2010)
	2013	Accounts deposit (year 2011, 2012) Appointments/ Re-elections (1)
	2014	Accounts deposit (year 2013) Appointments/ Re-elections (1) Cessations/ Resignations/ Reversals (1)
	2015	Accounts deposit (year 2014)
	2016	Accounts deposit (year 2015)
	2017	Accounts deposit (year 2016)
	2018	Appointments/ Re-elections (1)

Main Historic Changes
Concept	Publication	Act	Date
Corporate Purpose Changes:	INVESTIGACION,DESARROLLO,PRODUCCION,COMERCIALIZACION E INSTALACION DE SISTEMAS Y EQUIPOS ELECTRICOS Y ELECTRONICOS;LA PRESTACION DE SERVICIOS DE MEDICION Y CONTROL,DESTINADO A LA PROTECCION Y MEJORA DEL MEDIO AMBIENTE.	Corporate Purpose Change	17/03/1993

Breakdown of Owners' Equity
Registered Capital:	60.101,21
Paid up capital:	105.177,12

Updated Evolution of the Subscribed and Paid-in Capital
Publishing Date	Registration Type	Capital Subscribed	Paid up capital	Underwritten result	Disbursed Result
23/02/1993	Increase of Capital	45.076	45.076	60.101	60.101
10/07/1997	Capital call payment	---	45.076	60.101	105.177

Active Social Bodies

Post published	Social Body's Name	Appointment Date	Other Positions in this Company
JOINT MANAGER	RODRIGUEZ SAN PEDRO PICO JOSE	23/04/2018	5
	POMAR GARCIA CARLOS FERNANDO	23/04/2018	2
	POMAR GARCIA CARLOS	12/03/2013	4
JOINT ATTORNEY	PARRA VALLEJO MARIA BLANCA	03/08/1998	3
	PEDREDO ALVAREZ MARIA JESUS	03/08/1998	2
PROXY	POMAR PEDREDO VERONICA	02/03/2005	1
	RODRIGUEZ SAN PEDRO PARRA JOSE MARIA	02/03/2005	1
	LOZANO MADERA JUAN FRANCISCO	16/05/1990	1
ACCOUNTS' AUDITOR / HOLDER	ACR BGV AUDITORES SL	18/12/2014	2

Historical Social Bodies

Social Body's Name	Post published	End Date	Other Positions in this Company
ACR AUDITORS GROUP SLP	ACCOUNTS' AUDITOR / HOLDER	18/12/2014	1
ACR BGV AUDITORES SL	ACCOUNTS' AUDITOR / HOLDER	01/03/2010	2
PARRA VALLEJO MARIA BLANCA	JOINT MANAGER	03/08/1998	3
	ADMINISTRATOR	12/08/1993
PEDREDO ALVAREZ MARIA JESUS	JOINT MANAGER	03/08/1998	2
POMAR GARCIA CARLOS	JOINT MANAGER	16/07/2003	4
	JOINT MANAGER	03/07/2008
	JOINT MANAGER	12/03/2013
POMAR GARCIA CARLOS FERNANDO	JOINT MANAGER	23/04/2018	2
PREDEDO ALVAREZ MARIA JESUS	ADMINISTRATOR	12/08/1993	1
RODRIGUEZ SAN PEDRO PICO JOSE	JOINT MANAGER	16/07/2003	5
	JOINT MANAGER	03/07/2008
	JOINT MANAGER	12/03/2013
	JOINT MANAGER	23/04/2018

Executive board

Post	NIF	Name
ADMINISTRATOR		CARLOS FERNANDO POMAR GARCIA
ADMINISTRATOR		CARLOS POMAR GARCIA
FINANCIAL DIRECTOR		MARIA JESUS PEDRERO
MANAGING DIRECTOR		CARLOS POMAR

Defaults, Legal Claims and Insolvency Proceedings

Section enabling assessment of the degree of compliance of the company queried with its payment obligations. It provides information on the existence and nature of all stages of Insolvency and Legal Proceedings published with reference to the Company in the country's various Official Bulletins and national newspapers, as well Defaults Registered in the main national credit bureaus (ASNEF Industrial and RAI ).

> Summary

Chronological summary

		Number of Publications	Amount (€)	Start date	End date
Insolvency Proceedings, Bankruptcy and Suspension of Payments		Unpublished	---	---	---
Request/Declaration		0	---	date
Proceedings		---	---		---
Resolution		---	---		---
Defaults on debt with Financial Institutions and Large Companies	Bank and Commercial Delinquency	None	0
Status: Friendly		---
Status: Pre-Litigation		---
Status: Litigation		---
Status: Non-performing		---
Status: insolvency proceedings, bankruptcy and suspension of payments		---
Other status		---
Legal and Administrative Proceedings		1	---	26/10/2017	26/10/2017
Notices of defaults and enforcement		1	---		---
Seizures		---	---		---
Auctions		---	---		---
Declarations of insolvency and bad debt		---	---		---
Proceedings heard by the Civil Court		Unpublished	---
Proceedings heard by the Labour Court		Unpublished	---

> Basis for scoring

Positive Factors

Adverse Factors

No irregular payment performance has been detected based on information obtained from credit bureaus. The current debt represents a 15.77of the financial structure. In principle, a decrease in this ratio would indicate an improvement in the short-term financial situation. APLICACIONES TECNOLOGICAS SOCIEDAD ANONIMA obtains economic profitability from the necessary investments in the development of its activity in comparison with its assets. High financial profitability. Net return from the company's main activity performed using its own equity is high. This income return has decreased in comparison with the previous financial year. Positive Working CapitalThe Company's Working Capital quality is significant, i.e. much of the Company financing comes from its equity. A structure is considered optimal if its liquidity level is slightly above its debt volume as a result of low idleness levels of its financial resources involved.

Probability of default

> Estimated Probability of Default for the next 12 months:  0.212 %

> Latest Scoring Changes:

Sector in which comparison is carried out: 469 Non-specialised wholesale trade
Relative Position: Credit quality is superior to that of other companies in the same sector.

The company's comparative analysis with the rest of the companies that comprise the sector, shows the company holds a better position with regard to the probability of non-compliance.

The 99.00% of the companies of the sector APLICACIONES TECNOLOGICAS SOCIEDAD ANONIMA belongs to show a higher probability of non-compliance.

The probability of the company's non-compliance with its payment obligations within deadlines estimated by our qualifications models is 0,212%.

In the event they fail to comply with the payment, the seriousness of the loss will depend on factors such as the promptness of the commencement of the charging management, the existence of executive documents which match the credit or the existence of guarantees and free debt assets under the name of the debtor. Therefore, the probability of non-compliance should not be solely interpreted as the total loss of the owed amount.

Result of query submitted to the R.A.I. (Spanish Bad Debt Register) on

LEGAL CLAIMS

Summary of Judicial Claims

PROCEDURES OF CONTEST, BANKRUPTCY AND BANKRUPTCY PROTECTION
	Legal Proceedings (Bankruptcy Law 22/2003)	Not published
	Quiebras y Suspensiones de Pagos (anterior legislación concursal)	Not published
INCIDENCES WITH THE PUBLIC ADMINISTRATIONS
	Incidences with the Tax Agency	Not published
	Incidences with the Social Security	Not published
	Incidences with the Autonomous Administration	Not published
	Incidences with the Local Administration	1 Incidence the amount of which has not been published
PROCEDURES BEFORE COURTS OF CIVIL MATTERS
	Procedures by the Civil Procedural Law 1/2000	Not published
	Proceedings by the old Civil Procedural Law 1.881	Not published
PROCEEDINGS BEFORE THE INDUSTRIAL TRIBUNAL
	Proceedings before the Industrial Tribunal	Not published

Incidences Detailed

Incidences with the Local Administration

 PROCESSED BY THE LOCAL GOVERNMENT DE ARGANDA DEL REY (MADRID) - Date 26/10/2017

Last Published Stage:	EXECUTION NOTIFICATION
Record Number:	217009156
Requested by:	ADMINISTRACION LOCAL
Published domicile:	(DESCONOCIDA)
Source:	B.O.E. Nº267, 2017 SUPLEMENTO 1 PAGINA 13772

Guarantees

References

Link List

IS RELATED WITH:	1 Entities
SHAREHOLDERS:	2 Entities

> Shareholders

Relationship	Entity	Province	Shareholding stake
SHAREHOLDERS	CARLOS POMAR GARCIA
	RODRIGUEZ SAN PEDRO PICO JOSE

> Other relationships

Relationship	Entity	Province	Shareholding stake
IS RELATED WITH	LANDA SISTEMAS SL	MADRID

Turnover
Total Sales 2016	12.591.518,93

The sales data is from the latest available financial statements in Failing that, are estimates data calculated by statistical methods.

Estimated Balance

ESTIMATED FIGURES FOR 2017: -NON-CURRENT ASSETS 2.565.000 Euro/s -CURRENT ASSETS 11.547.000 Euro/s -NET WORTH 11.670.000 Euro/s -NON-CURRENT LIABILITIES 217.000 Euro/s -CURRENT LIABILITIES 2.225.000 Euro/s -TOTAL ASSETS AND LIABILITIES 14.112.000 Euro/s -SALES 14.000.000 Euro/s

Financial Accounts and Balance Sheets

Financial Years Presented

Ejercicio	Tipo de Cuentas Anuales	Fecha Presentacion
2016	Normales	September  2017
2015	Normales	October  2016
2014	Normales	September  2015
2013	Normales	July  2014
2012	Normales	September  2013
2011	Normales	June  2013
2010	Normales	August  2011
2009	Normales	August  2010
2008	Normales	September  2009
2007	Normales	August  2008
2006	Normales	August  2007
2005	Normales	September  2006
2004	Normales	October  2005
2003	Normales	August  2004
2002	Normales	November  2003
2001	Normales	December  2002
2000	Normales	December  2001
1999	Normales	September  2000
1998	Normales	August  1999
1997	Normales	September  1998
1996	Normales	October  1997
1995	Normales	January  1997
1994	Normales	September  1995
1993	Normales	September  1994
1992	Normales	September  1993
1991	Normales	July  1992
1990	Normales	November  1991

The data in the report regarding the last Company Accounts submitted by the company is taken from the TRADE REGISTER serving the region in which the company's address is located 31/12/2016

>  Normal format Balance in accordance with the New Accounting Plan 2007

Information corresponding to the fiscal year 2016 2015 2014 2013 2012  is taken from information submitted to the TRADE REGISTER. Data corresponding to fiscal years before 2016 2015 2014 2013 2012  has been compiled based on the equivalence criteria stipulated in Act JUS/206/2009. Where the provisions of the Act did not establish relevant equivalence criteria. To view details on the methodology.

	ORIGINAL	ORIGINAL	ORIGINAL	ORIGINAL	ORIGINAL
Assets	2016	2015	2014	2013	2012
A) NON-CURRENT ASSETS: 11000	2.306.564,00	2.337.697,00	2.240.560,00	2.351.418,00	2.542.673,00
I. Intangible fixed assets : 11100	10.698,00	26.736,00	12.390,00	14.034,00	16.254,00
1. Development: 11110	1.852,00	1.852,00	0,00	0,00	0,00
2. Concessions: 11120	0,00	0,00	0,00	0,00	0,00
3. Patents, licencing, trade marks and similar: 11130	8.846,00	24.885,00	12.390,00	14.034,00	16.254,00
4. Goodwill: 11140	0,00	0,00	0,00	0,00	0,00
5. IT applications: 11150	0,00	0,00	0,00	0,00	0,00
6. Investigation: 11160	0,00	0,00	0,00	0,00	0,00
7. Intellectual property: 11180	0,00	0,00	0,00	0,00	0,00
8. Greenhouse gas emission allowance: 11190	0,00	0,00	0,00	0,00	0,00
9. Other intangible fixed assets. : 11170	0,00	0,00	0,00	0,00	0,00
II. Tangible fixed assets : 11200	2.146.783,00	2.149.483,00	2.049.995,00	2.180.646,00	2.396.722,00
1. Land and buildings: 11210	1.507.918,00	1.562.071,00	1.616.223,00	1.670.376,00	1.724.528,00
2. Technical installations and other tangible fixed assets: 11220	631.504,00	577.324,00	422.159,00	510.270,00	672.194,00
3. Tangible asset in progress and advances: 11230	7.360,00	10.088,00	11.613,00	0,00	0,00
III. Real estate investment: 11300	0,00	0,00	0,00	0,00	0,00
1. Land: 11310	0,00	0,00	0,00	0,00	0,00
2. Buildings: 11320	0,00	0,00	0,00	0,00	0,00
IV. Long-term investments in Group companies and associates : 11400	0,00	0,00	0,00	0,00	0,00
1. Equity instruments: 11410	0,00	0,00	0,00	0,00	0,00
2. Credits to businesses: 11420	0,00	0,00	0,00	0,00	0,00
3. Debt securities: 11430	0,00	0,00	0,00	0,00	0,00
4. Derivatives : 11440	0,00	0,00	0,00	0,00	0,00
5. Other financial assets : 11450	0,00	0,00	0,00	0,00	0,00
6. Other investments: 11460	0,00	0,00	0,00	0,00	0,00
V. Long-term financial investments: 11500	13.009,00	4.209,00	4.459,00	6.618,00	8.118,00
1. Equity instruments: 11510	0,00	0,00	0,00	0,00	0,00
2. Credits to third parties : 11520	0,00	0,00	0,00	0,00	0,00
3. Debt securities: 11530	0,00	0,00	0,00	0,00	0,00
4. Derivatives : 11540	0,00	0,00	0,00	0,00	0,00
5. Other financial assets : 11550	13.009,00	4.209,00	4.459,00	6.618,00	8.118,00
6. Other investments: 11560	0,00	0,00	0,00	0,00	0,00
VII. Non-current trade debts : 11700	0,00	0,00	0,00	0,00	0,00
VI. Assets for deferred tax : 11600	136.073,00	157.268,00	173.715,00	150.120,00	121.580,00
B) CURRENT ASSETS: 12000	10.385.201,00	9.034.486,00	9.271.647,00	8.269.371,00	6.977.465,00
I. Non-current assets held for sale : 12100	0,00	0,00	0,00	0,00	0,00
II. Stocks: 12200	2.254.578,00	2.163.875,00	1.822.042,00	1.576.098,00	1.336.475,00
1. Commercial: 12210	2.254.578,00	2.163.875,00	1.822.042,00	1.576.098,00	1.336.475,00
2. Primary material and other supplies: 12220	0,00	0,00	0,00	0,00	0,00
a) Long-term primary material and other supplies: 12221	0,00	0,00	0,00	0,00	0,00
b) Short-term primary material and other supplies: 12222	0,00	0,00	0,00	0,00	0,00
3. Work in progress: 12230	0,00	0,00	0,00	0,00	0,00
a) Of long-term production cycle : 12231	0,00	0,00	0,00	0,00	0,00
b) Of short-term production cycle : 12232	0,00	0,00	0,00	0,00	0,00
4. Finished goods: 12240	0,00	0,00	0,00	0,00	0,00
a) Of long-term production cycle : 12241	0,00	0,00	0,00	0,00	0,00
b) Of short-term production cycle : 12242	0,00	0,00	0,00	0,00	0,00
5. By-products, residues and recycled materials: 12250	0,00	0,00	0,00	0,00	0,00
6. Advances to suppliers: 12260	0,00	0,00	0,00	0,00	0,00
III. Trade debtors and others receivable accounts: 12300	4.814.634,00	4.394.165,00	3.467.678,00	2.968.282,00	2.953.700,00
1. Trade debtors / accounts receivable: 12310	4.546.209,00	4.237.952,00	3.331.364,00	2.937.722,00	2.892.222,00
a) Long-term receivables from sales and services supplied : 12311	0,00	0,00	0,00	0,00	0,00
b) Customers for sales and provisions of services : 12312	4.546.209,00	4.237.952,00	3.331.364,00	2.937.722,00	2.892.222,00
2. Customers, Group companies and associates : 12320	70.964,00	118.503,00	96.827,00	0,00	0,00
3. Other accounts receivable: 12330	0,00	0,00	0,00	0,00	0,00
4. Personnel: 12340	12.433,00	37.710,00	32.951,00	21.820,00	23.752,00
5. Assets for deferred tax: 12350	73.888,00	0,00	0,00	0,00	0,00
6. Other debtors, including tax and social security: 12360	111.141,00	0,00	6.536,00	8.740,00	37.726,00
7. Called up share capital: 12370	0,00	0,00	0,00	0,00	0,00
IV. Short-term investments in Group companies and associates: 12400	0,00	0,00	0,00	0,00	0,00
1. Equity instruments: 12410	0,00	0,00	0,00	0,00	0,00
2. Credits to businesses: 12420	0,00	0,00	0,00	0,00	0,00
3. Debt securities: 12430	0,00	0,00	0,00	0,00	0,00
4. Derivatives : 12440	0,00	0,00	0,00	0,00	0,00
5. Other financial assets : 12450	0,00	0,00	0,00	0,00	0,00
6. Other investments: 12460	0,00	0,00	0,00	0,00	0,00
V. Short-term financial investments : 12500	4.030,00	403.681,00	1.093.363,00	2.144.281,00	1.201.652,00
1. Equity instruments: 12510	0,00	28,00	28,00	28,00	7.999,00
2. Credits to businesses: 12520	0,00	0,00	0,00	0,00	0,00
3. Debt securities: 12530	0,00	0,00	0,00	0,00	0,00
4. Derivatives : 12540	0,00	0,00	0,00	0,00	0,00
5. Other financial assets : 12550	4.030,00	403.653,00	1.093.335,00	2.144.253,00	1.193.653,00
6. Other investments: 12560	0,00	0,00	0,00	0,00	0,00
VI. Short-term accruals: 12600	0,00	0,00	0,00	0,00	0,00
VII. Cash and other equivalent liquid assets : 12700	3.311.958,00	2.072.764,00	2.888.564,00	1.580.709,00	1.485.638,00
1. Treasury: 12710	3.311.958,00	2.072.764,00	2.888.564,00	1.580.709,00	1.485.638,00
2. Other equivalent liquid assets: 12720	0,00	0,00	0,00	0,00	0,00
TOTAL ASSETS (A + B) : 10000	12.691.764,00	11.372.183,00	11.512.206,00	10.620.789,00	9.520.138,00

	ORIGINAL	ORIGINAL	ORIGINAL	ORIGINAL	ORIGINAL
Liabilities and Net Worth	2016	2015	2014	2013	2012
A) NET WORTH: 20000	10.494.983,00	9.450.058,00	9.422.215,00	8.202.983,00	7.845.464,00
A-1) Shareholders' equity: 21000	10.494.983,00	9.450.058,00	9.422.215,00	8.202.983,00	7.845.464,00
I. Capital: 21100	60.105,00	60.105,00	60.105,00	60.105,00	60.105,00
1. Registered capital : 21110	60.105,00	60.105,00	60.105,00	60.105,00	60.105,00
2. (Uncalled capital): 21120	0,00	0,00	0,00	0,00	0,00
II. Share premium: 21200	0,00	0,00	0,00	0,00	0,00
III. Reserves: 21300	9.389.953,00	8.112.482,00	8.142.878,00	6.899.283,00	6.565.670,00
1. Legal and statutory: 21310	12.021,00	12.021,00	12.021,00	12.021,00	12.021,00
2. Other reserves: 21320	9.377.932,00	8.100.461,00	8.130.857,00	6.887.262,00	6.553.649,00
3. Revaluation reserves: 21330	0,00	0,00	0,00	0,00	0,00
2. Capitalisation Reserves: 21350	0,00	0,00	0,00	0,00	0,00
IV. (Common stock equity): 21400	0,00	0,00	0,00	0,00	0,00
V. Results from previous periods: 21500	0,00	0,00	0,00	0,00	0,00
1. Brought forward: 21510	0,00	0,00	0,00	0,00	0,00
2. (Negative results from previous periods): 21520	0,00	0,00	0,00	0,00	0,00
VI. Other shareholders' contributions: 21600	0,00	0,00	0,00	0,00	0,00
VII. Result of the period: 21700	1.044.925,00	1.277.471,00	1.219.232,00	1.243.595,00	1.219.689,00
VIII. (Interim dividend): 21800	0,00	0,00	0,00	0,00	0,00
IX. Other net worth instruments: 21900	0,00	0,00	0,00	0,00	0,00
A-2) Adjustments due to changes in value: 22000	0,00	0,00	0,00	0,00	0,00
I. Financial assets held for sale: 22100	0,00	0,00	0,00	0,00	0,00
II. Hedge operations: 22200	0,00	0,00	0,00	0,00	0,00
III. Linked non-current assets and liabilities held for sale : 22300	0,00	0,00	0,00	0,00	0,00
IV. Exchange rate difference: 22400	0,00	0,00	0,00	0,00	0,00
V. Other: 22500	0,00	0,00	0,00	0,00	0,00
A-3) Received subsidies, donations and legacies: 23000	0,00	0,00	0,00	0,00	0,00
B) NON-CURRENT LIABILITIES: 31000	195.536,00	183.330,00	182.417,00	204.235,00	221.765,00
I. Long-term provisions: 31100	0,00	0,00	0,00	0,00	0,00
1. Long-term employee benefits liability: 31110	0,00	0,00	0,00	0,00	0,00
2. Environmental actions: 31120	0,00	0,00	0,00	0,00	0,00
3. Restructuring provisions: 31130	0,00	0,00	0,00	0,00	0,00
4. Other provisions: 31140	0,00	0,00	0,00	0,00	0,00
II Long-term creditors: 31200	59.236,00	24.613,00	5.020,00	13.860,00	22.700,00
1. Liabilities and other securities: 31210	0,00	0,00	0,00	0,00	0,00
2. Amounts owed to credit institutions: 31220	0,00	0,00	4.420,00	13.260,00	22.100,00
3. Creditors from financial leasing: 31230	58.636,00	24.013,00	0,00	0,00	0,00
4. Derivatives : 31240	0,00	0,00	0,00	0,00	0,00
5. Other financial liabilities : 31250	600,00	600,00	600,00	600,00	600,00
III. Long-term debts with Group companies and associates: 31300	0,00	0,00	0,00	0,00	0,00
IV. Liabilities for deferred tax: 31400	136.300,00	158.717,00	177.397,00	190.375,00	199.066,00
V. Long-term accruals: 31500	0,00	0,00	0,00	0,00	0,00
VI. Non-current trade creditors : 31600	0,00	0,00	0,00	0,00	0,00
VII. Special long-term debts : 31700	0,00	0,00	0,00	0,00	0,00
C) CURRENT LIABILITIES : 32000	2.001.245,00	1.738.795,00	1.907.574,00	2.213.570,00	1.452.909,00
I. Liabilities linked to non-current assets held for sale: 32100	0,00	0,00	0,00	0,00	0,00
II. Short-term provisions: 32200	0,00	0,00	0,00	0,00	0,00
1. Provisions from greenhouse gas emission allowance: 32210	0,00	0,00	0,00	0,00	0,00
2. Other provisions: 32220	0,00	0,00	0,00	0,00	0,00
III. Short-term creditors : 32300	276.973,00	377.022,00	565.965,00	740.728,00	90.888,00
1. Liabilities and other securities: 32310	0,00	0,00	0,00	0,00	0,00
2. Amounts owed to credit institutions: 32320	243.798,00	306.035,00	562.302,00	730.315,00	24.307,00
3. Creditors from financial leasing: 32330	14.194,00	8.898,00	0,00	0,00	53.769,00
4. Derivatives : 32340	0,00	0,00	0,00	0,00	0,00
5. Other financial liabilities : 32350	18.982,00	62.089,00	3.662,00	10.413,00	12.811,00
IV. Short-term debts with Group companies and associates: 32400	0,00	0,00	0,00	0,00	0,00
V. Trade creditors and other accounts payable: 32500	1.724.272,00	1.361.773,00	1.341.609,00	1.472.842,00	1.362.021,00
1. Suppliers: 32510	1.251.998,00	815.064,00	765.460,00	788.730,00	844.612,00
a) Long-term debts : 32511	0,00	0,00	0,00	0,00	0,00
b) Short-term debts : 32512	1.251.998,00	815.064,00	765.460,00	788.730,00	844.612,00
2. Suppliers, Group companies and associates: 32520	0,00	0,00	0,00	0,00	0,00
3. Other creditors: 32530	213.282,00	266.918,00	293.021,00	326.582,00	275.554,00
4. Personnel (remuneration due): 32540	5.989,00	5.028,00	4.100,00	3.665,00	11.092,00
5. Liabilities for current tax: 32550	0,00	51.414,00	101.958,00	237.927,00	102.970,00
6. Other accounts payable to Public Administrations.: 32560	151.572,00	151.312,00	108.670,00	88.892,00	91.822,00
7. Advances from clients: 32570	101.430,00	72.037,00	68.400,00	27.046,00	35.971,00
VI. Short-term accruals: 32600	0,00	0,00	0,00	0,00	0,00
VII. Special short-term debts : 32700	0,00	0,00	0,00	0,00	0,00
TOTAL NET WORTH AND LIABILITIES (A + B + C) : 30000	12.691.764,00	11.372.183,00	11.512.206,00	10.620.789,00	9.520.138,00

	ORIGINAL	ORIGINAL	ORIGINAL	ORIGINAL	ORIGINAL
Profit and Loss	2016	2015	2014	2013	2012
1. Net turnover: 40100	12.591.519,00	10.624.939,00	11.521.183,00	9.700.017,00	10.695.352,00
a) Sales: 40110	11.850.639,00	9.807.272,00	10.610.594,00	8.907.080,00	9.462.743,00
b) Rendering of services: 40120	740.880,00	817.667,00	910.590,00	792.937,00	1.232.609,00
c) Income of financial nature of holding companies: 40130	0,00	0,00	0,00	0,00	0,00
2. Changes in stocks of finished goods and work in progress: 40200	0,00	0,00	0,00	0,00	0,00
3. Works carried out by the company for its assets: 40300	0,00	0,00	0,00	0,00	0,00
4. Supplies : 40400	-5.393.354,00	-3.647.177,00	-4.891.085,00	-3.207.435,00	-4.033.439,00
a) Stock consumption: 40410	-4.675.032,00	-3.284.155,00	-4.531.282,00	-3.079.335,00	-3.611.459,00

b) Consumption of raw materials and miscellaneous consumable ones: 40420	0,00	0,00	0,00	0,00	0,00
c) Works carried out by other companies: 40430	-653.198,00	-179.137,00	-358.984,00	-187.230,00	-362.850,00
d) Impairment of stock, primary material and other supplies: 40440	-65.125,00	-183.885,00	-819,00	59.130,00	-59.130,00
5. Other operating income: 40500	42.671,00	41.860,00	28.331,00	24.179,00	24.755,00
a) Auxiliary income and other from current management: 40510	28.420,00	32.368,00	24.891,00	22.200,00	23.200,00
b) Operation subsidies included in the Period's result: 40520	14.251,00	9.492,00	3.440,00	1.979,00	1.555,00
6. Personnel costs: 40600	-3.398.147,00	-2.878.402,00	-2.531.933,00	-2.404.993,00	-2.481.621,00
a) Wages, salaries et al.: 40610	-2.677.773,00	-2.294.633,00	-2.038.512,00	-1.941.272,00	-1.989.318,00
b) Social security costs: 40620	-720.374,00	-583.769,00	-493.421,00	-463.722,00	-492.303,00
c) Provisions : 40630	0,00	0,00	0,00	0,00	0,00
7. Other operating costs: 40700	-2.280.469,00	-2.284.364,00	-2.221.395,00	-1.898.521,00	-2.091.513,00
a) External services: 40710	-2.162.040,00	-2.317.024,00	-1.971.316,00	-1.902.747,00	-1.976.423,00
b) Taxes: 40720	-35.467,00	-39.670,00	-78.780,00	-33.292,00	-23.038,00
c) Losses, impairments and variation in provisions from trade operations : 40730	-82.961,00	72.330,00	-171.299,00	37.518,00	-92.053,00
d) Other current management expenditure : 40740	0,00	0,00	0,00	0,00	0,00
e) Expenses due to greenhouse gas emissions: 40750	0,00	0,00	0,00	0,00	0,00
8. Amortisation of fixed assets: 40800	-268.563,00	-211.246,00	-262.171,00	-317.115,00	-268.463,00
9. Allocation of subsidies of non-financial fixed assets and other: 40900	0,00	0,00	0,00	0,00	0,00
10. Excess provisions : 41000	0,00	0,00	0,00	0,00	0,00
11. Impairment and result of transfers of fixed assets: 41100	0,00	7.603,00	0,00	0,00	0,00
a) Impairment and losses : 41110	0,00	0,00	0,00	0,00	0,00
b) Results for transfers and other : 41120	0,00	7.603,00	0,00	0,00	0,00
c) Impairment and profit due to disposals of assets of holding companies: 41130	0,00	0,00	0,00	0,00	0,00
12. Negative difference in combined businesses: 41200	0,00	0,00	0,00	0,00	0,00
13. Other results : 41300	-489,00	5.300,00	400,00	-530,00	4.572,00
A.1) OPERATING INCOME (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10 + 11 + 12 + 13) : 49100	1.293.167,00	1.658.513,00	1.643.330,00	1.895.601,00	1.849.643,00
14. Financial income : 41400	5.961,00	12.458,00	23.987,00	38.043,00	29.335,00
a) Of shares in equity instruments : 41410	0,00	0,00	0,00	0,00	0,00
a 1) In Group companies and associates: 41411	0,00	0,00	0,00	0,00	0,00
a 2) In third parties: 41412	0,00	0,00	0,00	0,00	0,00
b) From negotiable securities and other financial instruments : 41420	5.961,00	12.458,00	23.987,00	38.043,00	29.335,00
b 1) From Group companies and associates : 41421	0,00	0,00	0,00	0,00	0,00
b 2) From third parties : 41422	5.961,00	12.458,00	23.987,00	38.043,00	29.335,00
c) Allocation of financial subsidies, donations and legacies : 41430	0,00	0,00	0,00	0,00	0,00
15. Financial expenditure: 41500	-111.441,00	-76.719,00	-97.011,00	-138.794,00	-146.554,00
a) Amounts owed to Group companies and associates : 41510	0,00	0,00	0,00	0,00	0,00
b) For debts with third parties : 41520	-111.441,00	-76.719,00	-97.011,00	-138.794,00	-146.554,00
c) Stock renewal : 41530	0,00	0,00	0,00	0,00	0,00
16. Changes in fair value of financial instruments : 41600	0,00	0,00	0,00	0,00	0,00
a) Trading book and other : 41610	0,00	0,00	0,00	0,00	0,00
b) Allocation of financial assets held for sale to the result for the period: 41620	0,00	0,00	0,00	0,00	0,00
17. Exchange rate differences : 41700	1.546,00	21.441,00	-8.421,00	-10.316,00	-11.439,00
18. Impairment and result for transfers of financial instruments: 41800	8.338,00	0,00	0,00	-7.970,00	0,00
a) Impairment and losses : 41810	0,00	0,00	0,00	-7.970,00	0,00
b) Results for transfers and other : 41820	8.338,00	0,00	0,00	0,00	0,00
19. Other financial income and expenditure: 42100	0,00	0,00	0,00	0,00	0,00
a) Incorporation of financial expenditure to assets: 42110	0,00	0,00	0,00	0,00	0,00
b) Financial income from arrangement with creditors: 42120	0,00	0,00	0,00	0,00	0,00
c) Other income and expenditure: 42130	0,00	0,00	0,00	0,00	0,00
A.2) FINANCIAL REVENUE (14+15+16+17+18+19) : 49200	-95.596,00	-42.820,00	-81.445,00	-119.037,00	-128.658,00
A.3) NET RESULT BEFORE TAXES (A.1+A.2) : 49300	1.197.571,00	1.615.692,00	1.561.885,00	1.776.564,00	1.720.984,00
20. Income taxes: 41900	-152.646,00	-338.222,00	-342.653,00	-532.969,00	-501.295,00
A.4) PROFIT AFTER TAXES (A.3+20) : 49400	1.044.925,00	1.277.471,00	1.219.232,00	1.243.595,00	1.219.689,00
21. Result of the year coming from interrupted operations : 42000	0,00	0,00	0,00	0,00	0,00
A.5) RESULT OF THE PERIOD (A.4+21) : 49500	1.044.925,00	1.277.471,00	1.219.232,00	1.243.595,00	1.219.689,00

> Normal Balance Sheet under the rules of the 1990 General Accounting Plan (repealed since 1st January of 2008)

Information corresponding to the fiscal year 2016 2015 2014 2013 2012  has been compiled based on the equivalence criteria stipulated in Act JUS/206/2009. Where the provisions of the Act did not establish relevant equivalence criteria. To view details on the methodology 2016 2015 2014 2013 2012  is taken from information submitted to the TRADE REGISTER.

	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA
ASSETS	2016	2015	2014	2013	2012
A) SHAREHOLDERS (PARTNERS) BY UNCALLED SUSCRIBED CAPITAL:	0,00	0,00	0,00	0,00	0,00
B) FIXED ASSETS:	2.170.490,00	2.180.429,00	2.066.844,00	2.201.298,00	2.421.094,00
I. Formation expenses:	0,00	0,00	0,00	0,00	0,00
II. Intangible fixed assets:	10.698,00	26.736,00	12.390,00	14.034,00	16.254,00
1. Research and development costs:	1.852,00	1.852,00	0,00	0,00	0,00
2. Concessions, patents, licences, trademarks et al.:	8.846,00	24.885,00	12.390,00	14.034,00	16.254,00
3. Goodwill:	0,00	0,00	0,00	0,00	0,00
4. Key money paid for premises:	0,00	0,00	0,00	0,00	0,00
5. Software:	0,00	0,00	0,00	0,00	0,00
6. Assets under capital leases:	0,00	0,00	0,00	0,00	0,00
7. Payments on account:	0,00	0,00	0,00	0,00	0,00
8. Provisions:	0,00	0,00	0,00	0,00	0,00
9. Accumulated depreciation:	0,00	0,00	0,00	0,00	0,00
III. Tangible fixed assets:	2.146.783,00	2.149.483,00	2.049.995,00	2.180.646,00	2.396.722,00
1. Land and construction:	1.507.918,00	1.562.071,00	1.616.223,00	1.670.376,00	1.724.528,00
2. Technical installations and machinery:	207.450,00	189.652,00	138.680,00	167.624,00	220.816,00
3. Other installations, tools and furniture:	185.560,00	169.640,00	124.046,00	149.937,00	197.516,00
4. Payments on account and tangible fixed assets under construction:	7.360,00	10.088,00	11.613,00	0,00	0,00
5. Other tangible assets:	238.495,00	218.033,00	159.433,00	192.709,00	253.861,00
6. Provisions:	0,00	0,00	0,00	0,00	0,00
7. Accumulated depreciation:	0,00	0,00	0,00	0,00	0,00
IV. Financial investments:	13.009,00	4.209,00	4.459,00	6.618,00	8.118,00
1. Equity investments in group companies:	0,00	0,00	0,00	0,00	0,00
2. Receivables from group companies:	0,00	0,00	0,00	0,00	0,00
3. Equity investment in associated companies:	0,00	0,00	0,00	0,00	0,00
4. Credits to associated companies:	0,00	0,00	0,00	0,00	0,00
5. Long-term securities portfolio:	0,00	0,00	0,00	0,00	0,00
6. Other receivables:	0,00	0,00	0,00	0,00	0,00
7. Long term guarantees and deposits:	13.009,00	4.209,00	4.459,00	6.618,00	8.118,00
8. Provisions:	0,00	0,00	0,00	0,00	0,00
9. Long-term receivables from public bodies:	0,00	0,00	0,00	0,00	0,00
V. Own shares:	0,00	0,00	0,00	0,00	0,00
VI. Long-term trade receivables:	0,00	0,00	0,00	0,00	0,00
C) Deferred expenses:	0,00	0,00	0,00	0,00	0,00
D) CURRENT ASSETS:	10.521.274,00	9.191.754,00	9.445.362,00	8.419.491,00	7.099.044,00
I. Called-up share capital (not paid):	0,00	0,00	0,00	0,00	0,00
II. Stocks:	2.254.578,00	2.163.875,00	1.822.042,00	1.576.098,00	1.336.475,00
1. Goods for resale:	2.254.578,00	2.163.875,00	1.822.042,00	1.576.098,00	1.336.475,00
2. Raw materials and other consumables:	0,00	0,00	0,00	0,00	0,00
3. Goods in process and semifinished ones:	0,00	0,00	0,00	0,00	0,00
4. Finished products:	0,00	0,00	0,00	0,00	0,00
5. Byproducts, scrap and recovered materials:	0,00	0,00	0,00	0,00	0,00
6. Payments on account:	0,00	0,00	0,00	0,00	0,00
7. Provisions:	0,00	0,00	0,00	0,00	0,00
III. Debtors:	4.950.707,00	4.551.434,00	3.641.393,00	3.118.402,00	3.075.280,00
1. Trade debtors / accounts receivable:	4.546.209,00	4.237.952,00	3.331.364,00	2.937.722,00	2.892.222,00
2. Accounts receivable, Group companies:	70.964,00	118.503,00	96.827,00	0,00	0,00
3. Accounts receivable, associated companies:	0,00	0,00	0,00	0,00	0,00
4. Other debtors:	0,00	0,00	0,00	0,00	0,00
5. Staff:	12.433,00	37.710,00	32.951,00	21.820,00	23.752,00
6. Public bodies:	321.102,00	157.268,00	180.251,00	158.860,00	159.306,00
7. Provisions:	0,00	0,00	0,00	0,00	0,00
IV. Short-term investments:	4.030,00	403.681,00	1.093.363,00	2.144.281,00	1.201.652,00
1. Equity investments in group companies:	0,00	0,00	0,00	0,00	0,00
2. Receivables from group companies:	0,00	0,00	0,00	0,00	0,00
3. Equity investment in associated companies:	0,00	0,00	0,00	0,00	0,00
4. Credits to associated companies:	0,00	0,00	0,00	0,00	0,00
5. Short term securities portfolio:	0,00	28,00	28,00	28,00	7.999,00
6. Other receivables:	0,00	0,00	0,00	0,00	0,00
7. Shor term guarantees and deposits:	4.030,00	403.653,00	1.093.335,00	2.144.253,00	1.193.653,00
8. Provisions:	0,00	0,00	0,00	0,00	0,00
V. Short-term treasury shares:	0,00	0,00	0,00	0,00	0,00
VI. Cash at bank and in hand:	3.311.958,00	2.072.764,00	2.888.564,00	1.580.709,00	1.485.638,00
VII. Prepayments and accrued income:	0,00	0,00	0,00	0,00	0,00
GENERAL TOTAL (A + B + C + D):	12.691.764,00	11.372.183,00	11.512.206,00	10.620.789,00	9.520.138,00

MERCANTILE REGISTRY.

	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA
LIABILITIES	2016	2015	2014	2013	2012
A) EQUITY:	10.494.983,00	9.450.058,00	9.422.215,00	8.202.983,00	7.845.464,00
I. Subscribed capital:	60.105,00	60.105,00	60.105,00	60.105,00	60.105,00
II. Share premium:	0,00	0,00	0,00	0,00	0,00
III. Revaluation reserves:	0,00	0,00	0,00	0,00	0,00
IV. Reserves:	9.389.953,00	8.112.482,00	8.142.878,00	6.899.283,00	6.565.670,00

1. Legal reserve:	12.021,00	12.021,00	12.021,00	12.021,00	12.021,00
2. Reserves for own shares:	0,00	0,00	0,00	0,00	0,00
3. Reserves for shares of the controlling company:	0,00	0,00	0,00	0,00	0,00
4. Statutory reserves:	0,00	0,00	0,00	0,00	0,00
5. Miscellaneous reserves:	9.377.932,00	8.100.461,00	8.130.857,00	6.887.262,00	6.553.649,00
6. Differences due to capital adjustment to euros:	0,00	0,00	0,00	0,00	0,00
V. Profit or loss brought forward:	0,00	0,00	0,00	0,00	0,00
1. Retained earnings:	0,00	0,00	0,00	0,00	0,00
2. Prior year losses:	0,00	0,00	0,00	0,00	0,00
3. Partners' contributions so as to compensate losses:	0,00	0,00	0,00	0,00	0,00
VI. Profit or loss for the financial year:	1.044.925,00	1.277.471,00	1.219.232,00	1.243.595,00	1.219.689,00
VII. Interim dividend paid:	0,00	0,00	0,00	0,00	0,00
VIII. Own shares for capital reduction:	0,00	0,00	0,00	0,00	0,00
B) Deferred income:	0,00	0,00	0,00	0,00	0,00
1. Capital grants:	0,00	0,00	0,00	0,00	0,00
2. Unrealised exchange gains:	0,00	0,00	0,00	0,00	0,00
3. Other deferred income:	0,00	0,00	0,00	0,00	0,00
4. Public revenues to distribute in several financial years:	0,00	0,00	0,00	0,00	0,00
C) PROVISIONS FOR LIABILITIES AND CHARGES:	0,00	0,00	0,00	0,00	0,00
1. Provisions for pension fund and other similar obligations:	0,00	0,00	0,00	0,00	0,00
2. Provisions for taxes:	0,00	0,00	0,00	0,00	0,00
3. Other provisions:	0,00	0,00	0,00	0,00	0,00
4. Reversion fund:	0,00	0,00	0,00	0,00	0,00
D) LONG TERM LIABILITIES:	195.536,00	183.330,00	182.417,00	204.235,00	221.765,00
I. Issued debentures and other marketable securities:	0,00	0,00	0,00	0,00	0,00
1. Non-convertible debentures:	0,00	0,00	0,00	0,00	0,00
2. Convertible debentures:	0,00	0,00	0,00	0,00	0,00
3. Other debt securities:	0,00	0,00	0,00	0,00	0,00
II. Amounts owed to credit institutions:	58.636,00	24.013,00	4.420,00	13.260,00	22.100,00
1. Loans and other liabilities:	0,00	0,00	4.420,00	13.260,00	22.100,00
2. Long-term liabilities from capital leases:	58.636,00	24.013,00	0,00	0,00	0,00
III. Debts with companies of the group and affiliated ones:	0,00	0,00	0,00	0,00	0,00
1. Amounts owed to group companies:	0,00	0,00	0,00	0,00	0,00
2. Amounts owed to associated companies:	0,00	0,00	0,00	0,00	0,00
IV. Other creditors:	136.900,00	159.317,00	177.997,00	190.975,00	199.666,00
1. Long-term bills of exchange payable:	0,00	0,00	0,00	0,00	0,00
2. Other creditors:	600,00	600,00	600,00	600,00	600,00
3. Long term guarantees and deposits received:	0,00	0,00	0,00	0,00	0,00
4. Long term payables to public bodies:	136.300,00	158.717,00	177.397,00	190.375,00	199.066,00
V. Unpaid portion of equity investment:	0,00	0,00	0,00	0,00	0,00
1. Group companies:	0,00	0,00	0,00	0,00	0,00
2. Associated companies:	0,00	0,00	0,00	0,00	0,00
3. Third parties:	0,00	0,00	0,00	0,00	0,00
VI. Long term trade creditors:	0,00	0,00	0,00	0,00	0,00
E) SHORT TERM CREDITORS:	2.001.245,00	1.738.795,00	1.907.574,00	2.213.570,00	1.452.909,00
I. Issued debentures and other marketable securities:	0,00	0,00	0,00	0,00	0,00
1. Non-convertible debentures:	0,00	0,00	0,00	0,00	0,00
2. Convertible debentures:	0,00	0,00	0,00	0,00	0,00
3. Other debt securities:	0,00	0,00	0,00	0,00	0,00
4. Accrued interest on debentures and other debt securities:	0,00	0,00	0,00	0,00	0,00
II. Amounts owed to credit institutions:	257.991,00	314.933,00	562.302,00	730.315,00	78.076,00
1. Loans and other liabilities:	243.798,00	306.035,00	562.302,00	730.315,00	24.307,00
2. Accrued interest on liabilities with credit institutions:	0,00	0,00	0,00	0,00	0,00
3. Short-term liabilities from capital leases:	14.194,00	8.898,00	0,00	0,00	53.769,00

III. Short-term amounts owed to group and associated companies:	0,00	0,00	0,00	0,00	0,00
1. Amounts owed to group companies:	0,00	0,00	0,00	0,00	0,00
2. Amounts owed to associated companies:	0,00	0,00	0,00	0,00	0,00
IV. Trade creditors:	1.566.710,00	1.154.019,00	1.126.880,00	1.142.359,00	1.156.137,00
1. Advanced payments from customers:	101.430,00	72.037,00	68.400,00	27.046,00	35.971,00
2. Amounts owed for purchases of goods or services:	1.465.280,00	1.081.983,00	1.058.481,00	1.115.313,00	1.120.166,00
3. Debts represented by notes payable:	0,00	0,00	0,00	0,00	0,00
V. Other creditors:	176.543,00	269.843,00	218.391,00	340.896,00	218.695,00
1. Public bodies:	151.572,00	202.726,00	210.628,00	326.819,00	194.792,00
2. Bills of exchange payable:	0,00	0,00	0,00	0,00	0,00
3. Miscellaneous debts:	18.982,00	62.089,00	3.662,00	10.413,00	12.811,00
4. Wages and salaries payable:	5.989,00	5.028,00	4.100,00	3.665,00	11.092,00
5. Guarantees and deposits received at short term:	0,00	0,00	0,00	0,00	0,00
VI. Provisions:	0,00	0,00	0,00	0,00	0,00
VII. Prepayments and accrued income:	0,00	0,00	0,00	0,00	0,00
F) SHORT-TERM PROVISIONS FOR LIABILITIES AND CHARGES:	0,00	0,00	0,00	0,00	0,00
GENERAL TOTAL (A + B + C + D + E + F):	12.691.764,00	11.372.183,00	11.512.206,00	10.620.789,00	9.520.138,00

MERCANTILE REGISTRY.

	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA
DEBIT	2016	2015	2014	2013	2012
A) CHARGES (A.1 to A.15):	11.605.110,00	9.436.130,00	10.354.669,00	8.518.643,00	9.534.325,00
A.1. Stock reduction of both manufactured goods and the ones in process:	0,00	0,00	0,00	0,00	0,00
A.2. Supplies:	5.328.230,00	3.463.292,00	4.890.266,00	3.266.565,00	3.974.309,00
a) Stock consumption:	4.675.032,00	3.284.155,00	4.531.282,00	3.079.335,00	3.611.459,00
b) Consumption of raw materials and miscellaneous consumable ones:	0,00	0,00	0,00	0,00	0,00
c) Miscellaneous external expenditure:	653.198,00	179.137,00	358.984,00	187.230,00	362.850,00
A.3. Staff costs:	3.398.147,00	2.878.402,00	2.531.933,00	2.404.993,00	2.481.621,00
a) Wages, salaries et al.:	2.677.773,00	2.294.633,00	2.038.512,00	1.941.272,00	1.989.318,00
b) Social security costs:	720.374,00	583.769,00	493.421,00	463.722,00	492.303,00
A.4. Depreciation expense:	268.563,00	211.246,00	262.171,00	317.115,00	268.463,00
A.5. Variation of trade provisions and losses of unrecovered receivables:	148.086,00	111.555,00	172.118,00	-96.648,00	151.183,00
a) Stock provision variation:	65.125,00	183.885,00	819,00	-59.130,00	59.130,00
b) Variation in provision and bad debt losses:	82.961,00	-72.330,00	171.299,00	-37.518,00	92.053,00
c) Variation of other trade provisions:	0,00	0,00	0,00	0,00	0,00
A.6. Other operating charges:	2.197.508,00	2.356.694,00	2.050.096,00	1.936.039,00	1.999.461,00
a) External services:	2.162.040,00	2.317.024,00	1.971.316,00	1.902.747,00	1.976.423,00
b) Taxes:	35.467,00	39.670,00	78.780,00	33.292,00	23.038,00
c) Other operating expenses:	0,00	0,00	0,00	0,00	0,00
d) Allocation to revision fund:	0,00	0,00	0,00	0,00	0,00
A.I. OPERATING BENEFITS (B.1+B.2+B.3+B.4-A.1-A.2-A.3-A.4-A.5-A.6):	1.293.657,00	1.645.610,00	1.642.930,00	1.896.132,00	1.845.071,00
A.7. Financial and similar charges:	111.441,00	76.719,00	97.011,00	138.794,00	146.554,00
a) Due to liabilities with companies of the group:	0,00	0,00	0,00	0,00	0,00
b) Due to liabilities with associated companies:	0,00	0,00	0,00	0,00	0,00
c) Due to other debts.:	111.441,00	76.719,00	97.011,00	138.794,00	146.554,00
d) Losses from financial investments:	0,00	0,00	0,00	0,00	0,00
A.8. Changes in financial investment provisions:	0,00	0,00	0,00	7.970,00	0,00
A.9. Exchange losses:	0,00	0,00	8.421,00	10.316,00	11.439,00
A.II. NET FINANCIAL INCOME (B.5+B.6+B.7+B.8-A.7-A.8-A.9):	0,00	0,00	0,00	0,00	0,00
A.III. PROFIT FROM ORDINARY ACTIVITIES (A.I+A.II-B.I-B.II):	1.198.061,00	1.602.789,00	1.561.485,00	1.777.094,00	1.716.413,00
A.10. Changes in provisions for intangible, tangible and securities portfolio:	0,00	0,00	0,00	0,00	0,00
A.11. Losses from tangible and intangible fixed assets and securities portfolio:	0,00	0,00	0,00	0,00	0,00
A.12. Losses from transactions with own shares and debentures:	0,00	0,00	0,00	0,00	0,00
A.13. Extraordinary expenses:	489,00	0,00	0,00	530,00	0,00
A.14. Expenses and losses of former financial years:	0,00	0,00	0,00	0,00	0,00
A.IV. EXTRAORDINARY PROFIT (B.9+B.10+B.11+B.12+B.13-A.10-A.11-A.12-A.13-A.14):	0,00	12.903,00	400,00	0,00	4.572,00
A.V. PROFIT BEFORE TAXES (A.III+A.IV-B.III-B.IV):	1.197.571,00	1.615.692,00	1.561.885,00	1.776.564,00	1.720.984,00
A.15. Corporation tax:	152.646,00	338.222,00	342.653,00	532.969,00	501.295,00
A.16. Miscellaneous taxes:	0,00	0,00	0,00	0,00	0,00
A.VI. FINANCIAL YEAR RESULTS (PROFIT) (A.V-A.15-A.16):	1.044.925,00	1.277.471,00	1.219.232,00	1.243.595,00	1.219.689,00

MERCANTILE REGISTRY.

	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA	EQUIVALENCIA
CREDIT	2016	2015	2014	2013	2012
B) INCOME ( B.1 to B.13):	12.650.035,00	10.713.600,00	11.573.901,00	9.762.238,00	10.754.014,00
B.1. Net total sales:	12.591.519,00	10.624.939,00	11.521.183,00	9.700.017,00	10.695.352,00
a) Sales:	11.850.639,00	9.807.272,00	10.610.594,00	8.907.080,00	9.462.743,00
b) Rendering of services:	740.880,00	817.667,00	910.590,00	792.937,00	1.232.609,00
Returns and Rappel on sales:	0,00	0,00	0,00	0,00	0,00
B.2. Stock increase of manufactured goods and products in process:	0,00	0,00	0,00	0,00	0,00
B.3. Works performed by the company for fixed assets:	0,00	0,00	0,00	0,00	0,00
B.4. Miscellaneous operating income:	42.671,00	41.860,00	28.331,00	24.179,00	24.755,00
a) Auxiliary income and other from current management:	28.420,00	32.368,00	24.891,00	22.200,00	23.200,00
b) Grants:	14.251,00	9.492,00	3.440,00	1.979,00	1.555,00
c) Liabilities and charges provisions surplus:	0,00	0,00	0,00	0,00	0,00
B.I. PÉRDIDAS DE EXPLOTACIÓN (A.1+A.2+A.3+A.4+A.5-A.6-B.1-B.2-B.3-B.4):	0,00	0,00	0,00	0,00	0,00
B.5. Income from equity investment:	0,00	0,00	0,00	0,00	0,00
a) In companies of the group:	0,00	0,00	0,00	0,00	0,00
b) In associated companies:	0,00	0,00	0,00	0,00	0,00
c) Third parties:	0,00	0,00	0,00	0,00	0,00
B.6. Income from other marketable securities and long-term receivables:	0,00	0,00	0,00	0,00	0,00
a) From companies of the group:	0,00	0,00	0,00	0,00	0,00
b) From associated companies:	0,00	0,00	0,00	0,00	0,00
c) From companies out of the group:	0,00	0,00	0,00	0,00	0,00
B.7. Miscellaneous interests or similar income:	14.299,00	12.458,00	23.987,00	38.043,00	29.335,00
a) From companies of the group:	0,00	0,00	0,00	0,00	0,00
b) From associated companies:	0,00	0,00	0,00	0,00	0,00
c) Miscellaneous interests:	5.961,00	12.458,00	23.987,00	38.043,00	29.335,00
d) Profit on financial investment:	8.338,00	0,00	0,00	0,00	0,00
B.8. Exchange positive differences:	1.546,00	21.441,00	0,00	0,00	0,00
B.II. NEGATIVE FINANCIAL RESULTS (A.7+A.8+A.9-B.5-B.6-B.7-B.8):	95.596,00	42.820,00	81.445,00	119.037,00	128.658,00
B.III. LOSSES ON ORDINARY ACTIVITIES ( B.I + B.II - A.I - A.II ):	0,00	0,00	0,00	0,00	0,00
B.9.Profit on disposal of both tangible and intangible fixed assets and securities portfolio:	0,00	7.603,00	0,00	0,00	0,00
B.10. Profit on transactions with own shares and debentures:	0,00	0,00	0,00	0,00	0,00
B.11. Capital grants transferred to profit and loss:	0,00	0,00	0,00	0,00	0,00
B.12. Extraordinary income:	0,00	5.300,00	400,00	0,00	4.572,00
B.13. Income and profit of former financial years:	0,00	0,00	0,00	0,00	0,00
B.IV. NEGATIVE EXTRAORDINARY RESULTS (A.10+A.11+A.12+A.13+A.14-B.9-B.10-B.11-B.12-B.13):	489,00	0,00	0,00	530,00	0,00
B.V. LOSSES BEFORE TAXES (B.III+B.IV-A.III-A.IV):	0,00	0,00	0,00	0,00	0,00
B.VI. RESULT OF THE PERIOD (LOSSES) (B.V+A.15+A.16):	0,00	0,00	0,00	0,00	0,00

MERCANTILE REGISTRY.

CASHFLOW STATEMENT

Model: Normal

> Source of information: Data contained in this section is taken from the information declared in the Annual Accounts submitted to the Trade Register.

Net Rights Granted	2016	2015	2014	2013	2012
1. Fiscal year result before taxes.: 61100	1.197.571,00	1.615.692,00	1.561.885,00	1.776.564,00	1.720.984,00
2. Results adjustments.: 61200	492.685,00	370.489,00	507.313,00	325.674,00	534.500,00
a) Fixed Assets Amortization (+).: 61201	268.563,00	211.246,00	262.171,00	317.115,00	268.463,00
b) Obsolescence Allowances (+/-). : 61202	126.980,00	102.585,00	172.118,00	-92.192,00	148.818,00
e) Results on disposal of fixed assets (+/-). : 61205	0,00	-7.603,00	0,00	0,00	0,00
f) Results on disposal of financial instruments (+/-).: 61206	-8.338,00	0,00	0,00	0,00	0,00
g) Financial income (-).: 61207	-5.961,00	-12.458,00	-23.987,00	-38.043,00	-29.335,00
h) Financial Expenses (+). : 61208	111.441,00	76.719,00	97.011,00	138.794,00	146.554,00
3. Changes in current capital equity.: 61300	-210.755,00	-1.104.420,00	-853.595,00	-172.169,00	-376.418,00
a) Stock (+/-).: 61301	-155.828,00	-525.718,00	-246.763,00	-180.493,00	70.607,00
d) Debtors and other accounts receivable (+/-). : 61302	-406.601,00	-845.188,00	-670.695,00	26.451,00	41.181,00
d) Creditors and other accounts payable (+/-). : 61304	413.912,00	70.709,00	4.736,00	-24.136,00	-458.449,00
e) Other current liabilities (+/-).: 61305	-62.237,00	195.777,00	59.127,00	6.008,00	-29.758,00
4. Cash Flows from Other Operating Activities: 61400	-386.484,00	-455.261,00	-588.220,00	-535.994,00	-646.259,00
a) Interest payments (-). : 61401	-111.441,00	-76.719,00	-97.011,00	-138.794,00	-146.554,00
c) Interest collection (+). : 61403	4.127,00	12.458,00	23.987,00	38.043,00	23.239,00
d) Income tax payment collection (payments) (+/-).: 61404	-279.170,00	-390.999,00	-515.196,00	-435.242,00	-522.944,00
5. Cash Flows from Operating Activities (1 + 2 + 3 + 4) : 61500	1.093.017,00	426.501,00	627.383,00	1.394.075,00	1.232.808,00
6. Payments for investment (-).: 62100	-260.019,00	-250.855,00	-629.557,00	-1.101.689,00	-248.724,00
b) Intangible fixed assets. : 62102	-8.846,00	-26.736,00	-12.390,00	-14.034,00	-16.254,00
c) Fixed assets. : 62103	-242.373,00	-224.119,00	-117.486,00	-138.554,00	-232.470,00
e) Other financial assets. : 62105	-8.800,00	0,00	-499.682,00	0,00	0,00
h) Other assets. : 62108	0,00	0,00	0,00	-949.100,00	0,00
7. Divestment payment collection (+). : 62200	407.989,00	697.535,00	1.552.758,00	0,00	94.469,00
c) Fixed assets. : 62203	0,00	7.603,00	0,00	0,00	0,00
e) Other financial assets. : 62205	407.989,00	689.932,00	1.552.758,00	0,00	94.469,00
8. Cash Flow from Investing Activities (6+7) less Amortization: 62300	147.970,00	446.680,00	923.201,00	-1.101.689,00	-154.255,00
9. Payment collection and payments for equity instruments. : 63100	0,00	0,00	0,00	0,00	0,00
10. Payment collection and payments for financial liabilities instruments.: 63200	-1.792,00	-439.353,00	-242.730,00	688.761,00	-21.472,00
a) Issuance : 63201	0,00	54.381,00	-635.980,00	700.000,00	0,00
2. Debts incurred with credit institutions (+). : 63203	0,00	37.269,00	-635.980,00	700.000,00	0,00
5. Other debts (+). : 63206	0,00	17.112,00	0,00	0,00	0,00
b) Repayment and amortization of : 63207	-1.792,00	-493.734,00	-183.603,00	-11.239,00	-21.472,00
2. Debts incurred with credit institutions (-).: 63209	0,00	-493.734,00	-176.853,00	-8.840,00	-21.146,00
5. Other debts (-). : 63212	-1.792,00	0,00	-6.750,00	-2.399,00	-327,00
11. Payments from dividends and remunerations from other assets instruments. : 63300	0,00	-1.249.628,00	0,00	-886.076,00	-1.012.658,00
a) Dividends (-).: 63301	0,00	-1.249.628,00	0,00	-886.076,00	-1.012.658,00
12. Cash Flows from Financing Activities (9+10+11): 63400	-1.792,00	-1.688.981,00	-242.730,00	-197.315,00	-1.034.131,00
D) EFFECT OF EXCHANGE RATE CHANGES: 64000	0,00	0,00	0,00	0,00	0,00
E) NET INCREASE/DECREASE OF CASH OR EQUIVALENT ASSETS (+/-5+/-8+/12+/-D) : 65000	1.239.194,00	-815.799,00	1.307.854,00	95.072,00	44.422,00
Cash or equivalent assets as of beginning of the fiscal year.: 65100	2.072.764,00	2.888.564,00	1.580.709,00	1.485.638,00	1.441.216,00
Cash or equivalent assets as of end of the fiscal year.: 65200	3.311.958,00	2.072.764,00	2.888.564,00	1.580.709,00	1.485.638,00

FINANCIAL DIAGNOSIS

> Economic-Financial Comparative Analysis

 Data used in the following ratios and indicators is taken from the Annual Accounts submitted by the company to the TRADE REGISTER.

> Comparison within the Sector

Cash Flow	2016		2015		Variación 2016 - 2015
	Empresa	Sector	Empresa	Sector	Empresa	Sector
Cash Flow over Sales:	0,10 %	0,01 %	-0,08 %	0,06 %	228,17 %	-83,25 %
Net Financial Debt:	-1,91	2,32	-1,12	2,88	-70,70	-19,67
Cash Flow Yield:	0,10 %	0,01 %	-0,07 %	0,03 %	236,11 %	-82,98 %
EBITDA over Sales:	12,41 %	11,91 %	17,48 %	10,42 %	-29,01 %	14,32 %

Profitability	2016		2015		Variación 2016 - 2015
	Empresa	Sector	Empresa	Sector	Empresa	Sector
Operating economic profitability:	10,21 %	8,37 %	15,08 %	6,97 %	-32,31 %	20,20 %
Total economic profitability:	10,31 %	4,69 %	14,88 %	3,19 %	-30,70 %	46,77 %
Financial profitability:	9,96 %	6,73 %	13,52 %	4,14 %	-26,35 %	62,51 %
Margin:	10,24 %	7,39 %	15,50 %	6,33 %	-33,93 %	16,79 %
Mark-up:	9,48 %	6,56 %	15,10 %	3,77 %	-37,19 %	74,14 %

Solvency	2016		2015		Variación 2016 - 2015
	Empresa	Sector	Empresa	Sector	Empresa	Sector
Liquidity:	1,65	0,16	1,19	0,14	38,83	16,25
Acid Test:	4,06	0,90	3,95	0,86	2,82	4,25
Working Capital / Investment:	0,66	0,03	0,64	0,03	2,97	11,82
Solvency:	5,26	1,21	5,29	1,18	-0,55	2,35

Indebtedness	2016		2015		Variación 2016 - 2015
	Empresa	Sector	Empresa	Sector	Empresa	Sector
Indebtedness level:	0,21	1,25	0,20	1,32	2,91	-4,82
Borrowing Composition:	0,10	1,05	0,11	1,03	-7,33	2,51
Repayment Ability:	1,41	9,34	1,04	11,10	35,84	-15,80
Warranty:	5,78	1,81	5,92	1,77	-2,35	2,24
Generated resources / Total creditors:	0,62	0,09	0,87	0,08	-28,32	13,78

Efficiency	2016		2015		Variación 2016 - 2015
	Empresa	Sector	Empresa	Sector	Empresa	Sector
Productivity:	1,46	1,90	1,65	1,80	-11,27	6,08
Turnover of Collection Rights :	2,62	5,10	2,43	5,22	8,10	-2,41
Turnover of Payment Entitlements:	4,45	3,55	4,36	3,68	2,17	-3,58
Stock rotation:	5,03	8,09	4,17	7,73	20,65	4,69
Assets turnover:	1,00	1,13	0,97	1,10	2,46	2,92
Borrowing Cost:	5,07	2,36	3,99	2,45	27,10	-3,70

> Trend of indicators under the General Accounting Plan of 2007 (2016, 2015, 2014, 2013, 2012)

Cash Flow	2016	2015	2014	2013	2012
Cash Flow over Sales:	0,10 %	-0,08 %	0,11 %	0,01 %	0,00 %
Net Financial Debt:	-1,91	-1,12	-1,79	-1,34	-1,22
Cash Flow Yield:	0,10 %	-0,07 %	0,11 %	0,01 %	0,00 %
EBITDA over Sales:	12,41 %	17,48 %	16,54 %	22,82 %	19,76 %

Profitability	2016	2015	2014	2013	2012
Operating economic profitability:	10,21 %	15,08 %	15,78 %	22,39 %	22,20 %
Total economic profitability:	10,31 %	14,88 %	14,41 %	18,03 %	19,62 %
Financial profitability:	9,96 %	13,52 %	12,94 %	15,16 %	15,55 %
Margin:	10,24 %	15,50 %	14,23 %	19,50 %	17,21 %
Mark-up:	9,48 %	15,10 %	13,52 %	18,27 %	16,01 %

Solvency	2016	2015	2014	2013	2012
Liquidity:	1,65	1,19	1,51	0,71	1,02
Acid Test:	4,06	3,95	3,91	3,02	3,88
Working Capital / Investment:	0,66	0,64	0,64	0,57	0,58
Solvency:	5,26	5,29	4,95	3,80	4,89

Indebtedness	2016	2015	2014	2013	2012
Indebtedness level:	0,21	0,20	0,22	0,29	0,21
Borrowing Composition:	0,10	0,11	0,10	0,09	0,15
Repayment Ability:	1,41	1,04	1,10	1,09	0,79
Warranty:	5,78	5,92	5,51	4,39	5,68
Generated resources / Total creditors:	0,62	0,87	0,71	0,62	0,92

Efficiency	2016	2015	2014	2013	2012
Productivity:	1,46	1,65	1,75	1,92	1,85
Turnover of Collection Rights :	2,62	2,43	3,33	3,28	3,63
Turnover of Payment Entitlements:	4,45	4,36	5,30	3,47	4,50
Stock rotation:	5,03	4,17	5,44	4,97	6,64
Assets turnover:	1,00	0,97	1,11	1,15	1,29
Borrowing Cost:	5,07	3,99	4,64	5,74	8,75

COMPARATIVE SECTORIAL BALANCE

Sector-based Comparison under the rules of the New General Accounting Plan.

Net Rights Granted	Variación -
	Empresa	Sector

Net Rights Granted	Variación -
	Empresa	Sector

Net Rights Granted	Variación -
	Empresa	Sector

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Public Tenders and Works Won

Organisation that calls the tender:

JEFATURA DE INTENDENCIA DE ASUNTOS ECONOMICOS SUR

Objective of Tender:

TC 201 13 17 ADECUACION DEFICIENCIAS DETECTADAS EN LAS OCA,S CENTRO TRANSFORMACION DE FELIX Y HAZA DE LINO ACTO LOS ARCOS VIATOR, ALMERIA

Date Awarded:

24/04/2018

Cost:

20.532,34 EURO.

Organisation that calls the tender:

HOSPITAL CENTRAL DE LA DEFENSA

Objective of Tender:

MANTENIMIENTO DE EQUIPO HARSHAW 6600CCD DEL SERV PROTECCION RADIOLOGICA HCD

Date Awarded:

11/04/2018

Cost:

9.075,00 EURO.

Organisation that calls the tender:

INSTITUTO CATALAN DE ONCOLOGIA

Objective of Tender:

Subministrament d'equipament de radioteràpia intraoperatòria i braquiteràpia ginecològica per l'Institut Català d'Oncologia, mitjançant arrendament operatiu

Date Awarded:

27/03/2018

Cost:

810.700,00 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

REPARACION DE LECTOR DE DOSIMETROS DEL CENTRO NACIONAL DE DOSIMETRIA

Date Awarded:

26/03/2018

Cost:

6.377,91 EURO.

Organisation that calls the tender:

ENUSA INDUSTRIAS AVANZADAS SA

Objective of Tender:

KIT DE ACTUALIZACION DEL HARDWARE Y SOFTWARE, PARA EL ARCO RADIOMETRICO PM12 INSTALADO ZONA DE PASO CERAMICA

Date Awarded:

09/03/2018

Cost:

6.133,01 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

CONTRATACION DEL CURSO DEL PLAN DE FORMACION INTERNA 2018 DOSIMETRIA AMBIENTAL Y PERSONAL DOSIMETRIA POR TERMOLUMINISCENCIA

Date Awarded:

28/02/2018

Cost:

3.630,00 EURO.

Organisation that calls the tender:

DELEGACION TERRITORIAL DE SEGOVIA DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

ADECUACION DE LA INSTALACION

Date Awarded:

23/02/2018

Cost:

3.771,32 EURO.

Organisation that calls the tender:

DELEGACION TERRITORIAL DE SEGOVIA DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

LA PROTECCION DE LOS CUADROS PRINCIPALES CONTRA LA SOBRETENSION EN EL MUSEO ZULOAGA

Date Awarded:

23/02/2018

Cost:

767,99 EURO.

Organisation that calls the tender:

DELEGACION TERRITORIAL DE SEGOVIA DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

ADECUAR LA INSTALACION CONTRA EL RAYO EN EL MUSEO PROVINCIAL

Date Awarded:

23/02/2018

Cost:

3.791,00 EURO.

Organisation that calls the tender:

DELEGACION TERRITORIAL DE SEGOVIA DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

ADECUACION DE LA INSTALACION

Date Awarded:

23/02/2018

Cost:

3.771,32 EURO.

Organisation that calls the tender:

DELEGACION TERRITORIAL DE SEGOVIA DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

LA PROTECCION DE LOS CUADROS PRINCIPALES CONTRA LA SOBRETENSION EN EL MUSEO ZULOAGA

Date Awarded:

23/02/2018

Cost:

767,99 EURO.

Organisation that calls the tender:

DELEGACION TERRITORIAL DE SEGOVIA DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

ADECUAR LA INSTALACION CONTRA EL RAYO EN EL MUSEO PROVINCIAL

Date Awarded:

23/02/2018

Cost:

3.791,00 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

Suministro de un sistema de marcado e identificación de los anillos de dosímetro DXT-RAD para el Centro Nacional de Dosimetría (CND)

Date Awarded:

07/12/2017

Cost:

86.847,75 EURO.

Organisation that calls the tender:

COMPLEJO ASISTENCIAL UNIVERSITARIO DE SALAMANCA

Objective of Tender:

Suministro, instalación y puesta en funcionamiento de un sistema de braquiterapia electrónica, con destino al Complejo Asistencial Universitario de Salamanca

Date Awarded:

29/11/2017

Cost:

544.500,00 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

Servicio de mantenimiento equipos de dosimetría del servicio de radio protección del CNSA

Date Awarded:

16/11/2017

Cost:

41.140,00 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

Dosímetros de radiaciones ionizantes por termoluminiscencia (TLD) modelo CND y de anillo

Date Awarded:

14/08/2017

Cost:

498.259,85 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

Dosímetros de radiaciones ionizantes por termoluminiscencia (TLD) modelo CND y de anillo

Date Awarded:

09/08/2017

Cost:

461.124,95 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

Dosímetros de radiaciones ionizantes por termoluminiscencia (TLD) modelo CND y de anillo

Date Awarded:

09/08/2017

Cost:

37.134,90 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

Suministro de 300 dosímetros harshaw/bicrom modelo tldcard-21c y 600 porta dosímetros harshaw/bocrom modelo 8814

Date Awarded:

09/08/2017

Organisation that calls the tender:

PATRIMONIO NACIONAL

Objective of Tender:

REVISION PERIODICA DE PARARRAYOS TOMAS DE TIERRA Y MANTENIMIENTO PREVENTIVO EN INMUEBLES DE PATRIMONIO NACIONAL

Date Awarded:

13/07/2017

Cost:

21.779,99 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

Suministro de tarjetas de soporte para la lectura de dosímetros de radiaciones ionizantes de anillo

Date Awarded:

24/05/2017

Cost:

51.200,00 EURO.

Organisation that calls the tender:

CLINICA PUERTA DE HIERRO-HOSPITAL UNIVERSITARIO DE MADRID

Objective of Tender:

Servicio de mantenimiento integral de los equipos de dosimetría física y control de calidad radiofísica

Date Awarded:

19/05/2017

Cost:

34.627,78 EURO.

Organisation that calls the tender:

ENUSA INDUSTRIAS AVANZADAS SA

Objective of Tender:

Suministro de un equipo de medida de bajo fondo de actividad alfa en los filtros del sistema de PR y frotis que se tomen en el Área Cerámica

Date Awarded:

06/04/2017

Cost:

131.386,64 EURO.

Organisation that calls the tender:

CONSELLERIA DE AGRICULTURA MEDIO AMBIENTE CAMBIO CLIMATICO Y DESARROLLO RURAL DE LA COMUNIDAD AUTONOMA DE VALENCIA

Objective of Tender:

REVISIONES TECNICAS DE LOS SISTEMAS DE PROTECCION CONTRA DESCARGAS ELECTRICAS ATMOSFERICAS EN LOS OBSERVATORIOS FORESTALES DEPENDIENTES DE LA DIRECCION GENERAL DE PREVENCION DE INCENDIOS FORESTALES

Date Awarded:

24/03/2017

Cost:

25.617,09 EURO.

Organisation that calls the tender:

SERVICIO ANDALUZ DE SALUD SAS

Objective of Tender:

SUMINISTRO DE DIVERSO EQUIPAMIENTO CON DESTINO AL PLAN DE ONCOLOGIA RADIOTERAPICA DE ANDALUCIA

Date Awarded:

28/12/2016

Cost:

Importe compartido entre distintos Contratistas

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

Servicio de mantenimiento y reparación de equipos de lectura de dosímetros del CND. Número de referencia: 04/2017

Date Awarded:

09/11/2016

Cost:

189.486,00 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

SERVICIO DE MANTENIMIENTO Y REPARACION DE EQUIPOS DE LECTURA DE DOSIMETROS DEL CND

Date Awarded:

09/11/2016

Cost:

189.486,00 EURO.

Organisation that calls the tender:

SERVICIO CANARIO DE LA SALUD

Objective of Tender:

SUMINISTRO CON INSTALACION Y MANTENIMIENTO POSTERIOR AL PERIODO DE GARANTIA DE UN EQUIPAMIENTO PARA LA PLANIFICACION, GESTION Y TRATAMIENTO PARA RADIOCIRUGIA FUNCIONAL Y RADIOTERAPICA ESTEREOTAXICA CORPORAL EN ONCOLOGIA RADIOTERAPICA ACELERADOR LINEAL , CON DESTINO AL HOSPITAL UNIVERSITARIO DE GRAN CANARIA DR NEGRIN

Date Awarded:

01/08/2016

Cost:

2.749.890,00 EURO.

Organisation that calls the tender:

SERVICIO CANARIO DE LA SALUD

Objective of Tender:

SUMINISTRO CON INSTALACION Y MANTENIMIENTO POSTERIOR AL PERIODODE GARANTIA DE EQUIPAMIENTO PARA LA PLANIFICACION, GESTION Y TRATAMIENTOS PARA RADIOCIRUGIA FUNCIONAL Y RADIOTERAPIA ESTEREOTAXICA CORPORAL EN ONCOLOGIARADIOTERAPICA ACELERADOR LINEAL CON DESTINO AL HOSPITAL UNIVERSITARIO DE GRANCANARIA DR NEGRIN

Date Awarded:

01/08/2016

Cost:

2.842.386,30 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

Dosímetros de radiaciones ionizantes por termoluminiscencia (TLD) modelo CND y de anillo.

Date Awarded:

12/05/2016

Cost:

431.546,50 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

DOSIMETROS DE RADIACIONES IONIZANTES POR TERMOLUMINISCENCIA TLD MODELO CND Y DE ANILLO

Date Awarded:

12/05/2016

Cost:

431.546,50 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

ADQUISICION DE 500 DOSIMETROS Y 1000 PORTADOSIMETROS PARA REALIZAR CONTROL DE PERSONAL EXPUESTO A RADIACIONES IONIZANTES

Date Awarded:

11/12/2015

Cost:

36.500,00 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

SERVICIO DE MANTENIMIENTO Y REPARACION DE LOS EQUIPOS DE LECTURA Y EMBALAJE DE DOSIMETROS DEL CENTRO NACIONAL DE DOSIMETRIA

Date Awarded:

10/11/2015

Cost:

99.000,00 EURO.

Organisation that calls the tender:

MANDO DE APOYO LOGISTICO MALOG

Objective of Tender:

ADQUISICION DE DIVERSO MATERIAL DESTINADO A LA DETECCION DE AGENTES CONTAMINANTES EN EL AMBITO DE LA AMENAZA NRBQ

Date Awarded:

02/11/2015

Cost:

26.136,00 EURO.

Organisation that calls the tender:

MANDO DE APOYO LOGISTICO MALOG

Objective of Tender:

ADQUISICION DE DIVERSO MATERIAL DESTINADO A LA DETECCION DE AGENTES CONTAMINANTES EN EL AMBITO DE LA AMENAZA NRBQ

Date Awarded:

02/11/2015

Cost:

19.299,50 EURO.

Organisation that calls the tender:

MANDO DE APOYO LOGISTICO MALOG

Objective of Tender:

ADQUISICION DE DIVERSO MATERIAL DESTINADO A LA DETECCION DE AGENTES CONTAMINANTES EN EL AMBITO DE LA AMENAZA NRBQ

Date Awarded:

02/11/2015

Cost:

66.743,60 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

MANTENIMIENTO DE EQUIPOS DE DOSIMETRIA

Date Awarded:

20/04/2015

Cost:

26.365,30 EURO.

Organisation that calls the tender:

SERVICIO ARAGONES DE SALUD

Objective of Tender:

ARRENDAMIENTO CON OPCION DE COMPRA DE EQUIPO MOVIL DE RADIOTERAPIA INTRAOPERATORIA PARA TRATAR PATOLOGIAS TUMORALES EN DIVERSAS REGIONES DEL CUERPO EN EL SERVICIO DE RADIOTERAPIA

Date Awarded:

23/01/2015

Cost:

648.964,80 EURO.

Organisation that calls the tender:

SERVICIO ARAGONES DE SALUD

Objective of Tender:

ARRENDAMIENTO CON OPCION DE COMPRA DE EQUIPO MOVIL DE RADIOTERAPIA INTRAOPERATORIA PARA TRATAR PATOLOGIAS TUMORALES EN DIVERSAS REGIONES DEL CUERPO EN EL SERVICIO DE RADIOTERAPIA DEL HOSPITAL UNIVERSITARIO MIGUEL SERVET

Date Awarded:

23/01/2015

Cost:

571.968,00 EURO.

Organisation that calls the tender:

EMPRESA NACIONAL DE RESIDUOS RADIACTIVOS SA

Objective of Tender:

SUMINISTRO DE UN EQUIPO DE CONTROL DE VEHICULOS TIPO PORTICO PARA EL C A EL CABRIL

Date Awarded:

08/01/2015

Cost:

49.005,00 EURO.

Organisation that calls the tender:

MANDO DE APOYO LOGISTICO MALOG

Objective of Tender:

ADQ DE MOHCILAS NBRQ PARA LA GUARDIA CIVIL

Date Awarded:

26/12/2014

Cost:

69.454,00 EURO.

Organisation that calls the tender:

EMPRESA NACIONAL DE RESIDUOS RADIACTIVOS SA

Objective of Tender:

SERVICIO DE MANTENIMIENTO SERVICIOS GENERALES PARA EL PROYECTO DE DESMANTELAMIENTO Y CLAUSURA DE LA CENTRAL NUCLEAR JOSE CABRERA

Date Awarded:

23/12/2014

Cost:

35.994,35 EURO.

Organisation that calls the tender:

EMPRESA NACIONAL DE RESIDUOS RADIACTIVOS SA

Objective of Tender:

SERVICIO DE MANTENIMIENTO SERVICIOS GENERALES PARA EL PROYECTO DE DESMANTELAMIENTO Y CLAUSURA DE LA CENTRAL NUCLEAR JOSE CABRERA

Date Awarded:

19/12/2014

Cost:

35.994,35 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

SERVICIO DE MANTENIMIENTO Y REPARACION DE LOS EQUIPOS DE LECTURA Y EMBALAJE DE DOSIMETROS

Date Awarded:

29/10/2014

Cost:

99.000,02 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

Dosímetros de radiaciones ionizantes por termoluminiscencia.

Date Awarded:

05/06/2014

Cost:

600.160,00 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

DOSIMETROS DE RADIACIONES IONIZANTES POR TERMOLUMINISCENCIA

Date Awarded:

05/06/2014

Cost:

600.160,00 EURO.

Organisation that calls the tender:

COMPLEJO HOSPITALARIO DE JAEN

Objective of Tender:

SUMINISTRO DE EQUIPAMIENTO ELECTROMEDICO SISTEMA ANALIZADOR DE HACES 3D, SISTEMAS DE CONTROL DE CALIDAD Y DE LOS SISTEMAS DE IMAGEN POR ACELERADOR LINEAL Y SISTEMAS DE PLANIFICACION GC PARA LA ACTUALIZACION DE LOS SISTEMAS DE LA UNIDAD DE RADIOTERAPIA Y RADIOFISICA DEL COMPLEJO HOSPITALARIO DE JAEN

Date Awarded:

24/05/2014

Cost:

43.500,00 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

SERVICIO DE MANTENIMIENTO Y REPARACION DE LOS EQUIPOS DE LECTURA Y EMBALAJE DE DOSIMETROS

Date Awarded:

20/11/2013

Cost:

94.899,09 EURO.

Organisation that calls the tender:

SERVICIO DE SALUD DE CASTILLA LA MANCHA

Objective of Tender:

un acelerador lineal, equipamiento auxiliar y adecuación de la sala de tratamiento

Date Awarded:

14/11/2013

Cost:

1.999.948,49 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

SUMINISTRO DE PULSERAS PORTA DOSIMETROS DE MUÑECA MODELO CND DE COLORES ROJO Y NEGRO, Y DE BOLSAS DE POLIETILENO DE COLOR NEGRO, OPACO SIN IMPRESION

Date Awarded:

11/11/2013

Cost:

110.539,67 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

ADQUISICON DE DOSIMETROS Y PORTASOSIMETROS

Date Awarded:

03/09/2013

Cost:

46.681,80 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

SUMINISTRO DE UN LECTOR AUTOMATICO DE DOSIMETROS DE RADIACIONES IONIZANTES POR TERMOLUMINISCENCIA TLD CON IRRADIADOR

Date Awarded:

25/06/2013

Cost:

308.255,74 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

LECTOR AUTOMATICO DE DOSIMETROS DE RADIACIONES IONIZANTES POR TERMOLUMINISCENCIA TLD CON IRRADIADOR

Date Awarded:

25/06/2013

Cost:

308.255,74 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

SERVICIO DE MANTENIMIENTO Y REPARACION DE LOS EQUIPOS DE LECTURA Y EMBALAJE DE DOSIMETROS DEL CENTRO NACIONAL DE DOSIMETRIA

Date Awarded:

02/11/2012

Cost:

122.694,00 EURO.

Organisation that calls the tender:

CONSEJERIA DE GOBERNACION DE LA COMUNIDAD AUTONOMA DE VALENCIA

Objective of Tender:

obras para las revisiones técnicas y adecuación a la nueva normativa de los sistemas de protección contra descargas eléc eléctricas atmosféricas en los observatorios forestales de la Conselleria de - tricas Gobernación.

Date Awarded:

29/10/2012

Cost:

198.607,59 EURO.

Organisation that calls the tender:

CENTRO NACIONAL DE DOSIMETRIA

Objective of Tender:

DISEÑO, FABRICACION Y SUMINISTRO DE PULSERAS PORTA DOSIMETROS DE MUÑECA MODELO EXT RAD Y SUMINISTRO DE BOLSAS DE POLIETILENO COLOR NEGRO, OPACO, SIN IMPRESION

Date Awarded:

25/06/2012

Cost:

Importe compartido entre distintos Contratistas

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

SUMINISTRO DE DOSIMETROS DE RADIACIONES IONIZANTES TIPO 860 N 52, MAS PAR DE FILTROS TIPO 861 V 52

Date Awarded:

29/03/2012

Cost:

304.257,60 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

MANTENIMIENTO EQUIPOS DE DOSIMETRIA

Date Awarded:

01/03/2012

Cost:

25.856,43 EURO.

Organisation that calls the tender:

CONSORCIO PARA EL DISEÑO, CONSTRUCCION, EQUIPAMIENTO Y EXPLOTACION DEL CENTRO DE LASERES PULSADOS ULTRACORTOS ULTRAINTENSOS

Objective of Tender:

Suministro, entrega e instalación de sistemas de medida y monitorización de radiación en el Centro de Láseres Pulsados Ultracortos Ultraintensos.

Date Awarded:

19/12/2011

Cost:

16.909,40 EURO.

Organisation that calls the tender:

CONSORCIO PARA EL DISEÑO, CONSTRUCCION, EQUIPAMIENTO Y EXPLOTACION DEL CENTRO DE LASERES PULSADOS ULTRACORTOS ULTRAINTENSOS

Objective of Tender:

Suministro, entrega e instalación de sistemas de medida y monitorización de radiación en el Centro de Láseres Pulsados Ultracortos Ultraintensos.

Date Awarded:

19/12/2011

Cost:

Lote1: 175938,00 euros, Lote 3: 16909,40 euros.

Organisation that calls the tender:

COMPLEJO UNIVERSITARIO DE SALAMANCA

Objective of Tender:

MANTENIMIENTO DEL EQUIPO DE TOMOTERAPIA

Date Awarded:

18/10/2011

Cost:

260.000,00 EURO.

Organisation that calls the tender:

COMPLEJO UNIVERSITARIO DE SALAMANCA

Objective of Tender:

MANTENIMIENTO DEL EQUIPO DE TOMOTERAPIA C CPV 50420000

Date Awarded:

18/10/2011

Cost:

306.800,00 EURO.

Organisation that calls the tender:

EMPRESA NACIONAL DE RESIDUOS RADIACTIVOS SA

Objective of Tender:

Suministro de un Sistema de Dosimetría Personal de Lectura Directa para el Desmantelamiento de C.N. José Cabrera.

Date Awarded:

19/11/2010

Cost:

226.182,40 EURO.

Organisation that calls the tender:

AYUNTAMIENTO DE GIJON

Objective of Tender:

SERVICIO DE MANTENIMIENTO Y REPARACION DE LOS EQUIPOS DE LECTURA Y EMBALAJE DE DOSIMETROS DEL CENTRO NACIONAL DE DOSIMETRIA

Date Awarded:

04/11/2010

Cost:

115.981,80 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

ADQUISICION DE PORTADOSIMETROS Y BOLSAS PARA DOSIMATROS DE EXTREMIDADES

Date Awarded:

05/10/2010

Cost:

28.768,40 EURO.

Organisation that calls the tender:

MINISTERIO DE DEFENSA

Objective of Tender:

ADQUISICION DE DOSIMETROS Y LECTORES NUCLEAR RADIOLOGICO

Date Awarded:

24/09/2010

Cost:

136.514,20 EURO.

Organisation that calls the tender:

HOSPITAL UNIVERSITARIO DE LA PRINCESA DE MADRID

Objective of Tender:

Un equipo chequeo P/IMRT, para el Hospital Universitario de "La Princesa", de Madrid

Date Awarded:

27/08/2010

Cost:

75.951,00 EURO.

Organisation that calls the tender:

INSTITUTO NACIONAL DE GESTION SANITARIA

Objective of Tender:

SUMINISTRO DE DOSIMETROS DE RADIACIONES TIPO 860 N 52, MAS PAR DE FILTROS TIPO 861 V 52

Date Awarded:

22/04/2010

Cost:

558.161,61 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

MANTENIMIENTO DE LOS EQUIPOS DE DOSIMETRIA DE RADIACIONES HONIZANTES

Date Awarded:

08/01/2010

Organisation that calls the tender:

AYUNTAMIENTO DE OLEIROS

Objective of Tender:

SERVICIO DE MANTENIMIENTO Y REPARACION DE EQUIPOS DE LECTURA Y EMBALAJE DE DOSIMETROS

Date Awarded:

27/10/2009

Cost:

112.000,00 EURO.

Organisation that calls the tender:

INSTITUTO DE SALUD CARLOS III DEL MINISTERIO DE SANIDAD Y CONSUMO

Objective of Tender:

ADQUISICION DE DOSIMETROS Y PORTADOSIMETROS

Date Awarded:

16/10/2009

Organisation that calls the tender:

GERENCIA REGIONAL DE SALUD DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

Suministro, instalación y puesta en funcionamiento de un acelerador lineal de altas prestaciones para tratamientos de radioterapia guiada, así como la adecuación del búnker existente para su instalación

Date Awarded:

04/09/2009

Cost:

Obras: 430.000,00 (IVA 16%: 68.800,00)-acelerador: 3.270.000,00 (IVA 7%: 228.900,00)-Total: 3.997.700,00 euros

Organisation that calls the tender:

HOSPITAL UNIVERSITARIO DEL RIO HORTEGA DE VALLADOLID

Objective of Tender:

adquisición de diversos aparatos médico asistenciales: de terapéutica por medios físicos (desfibriladores, unidad de crioterapia, etc.) de diagnóstico por medios no invasivos y por valores alfanuméricos (espirómetros, audiómetros, impedanciómetro, etc.) equipamiento de protección radiológica y de otros aparatos médico asistenciales de diagnóstico y terapéuticos con destino al nuevo Hospital Universitario Río Hortega.

Date Awarded:

22/09/2008

Cost:

77.468,00 EURO.

Organisation that calls the tender:

HOSPITAL UNIVERSITARIO DEL RIO HORTEGA DE VALLADOLID

Objective of Tender:

adquisición de diversos aparatos médico asistenciales: de terapéutica por medios físicos (desfibriladores, unidad de crioterapia, etc.) de diagnóstico por medios no invasivos y por valores alfanuméricos (espirómetros, audiómetros, impedanciómetro, etc.) equipamiento de protección radiológica y de otros aparatos médico asistenciales de diagnóstico y terapéuticos con destino al nuevo Hospital Universitario Río Hortega.

Date Awarded:

22/09/2008

Cost:

77.468,00 EURO.

Organisation that calls the tender:

CANAL DE ISABEL II

Objective of Tender:

Protección integral contra sobretensiones en estaciones locales.

Date Awarded:

24/01/2008

Cost:

108.068,85 EURO.

Organisation that calls the tender:

CENTRO DE INVESTIGACIONES ENERGETICAS MEDIOAMBIENTALES Y TECNOLOGICAS CIEMAT

Objective of Tender:

SUMINISTRO DE UN LECTOR DE DOSIMETROS TL MODELO 5500 DE HARSHAW THERMO ELECTRON O EQUIVALENTE

Date Awarded:

19/06/2007

Cost:

94.250,00 EURO.

Organisation that calls the tender:

SERVICIO MADRILEÑO DE SALUD

Objective of Tender:

«Suministro de diverso equipamiento de Radiofísica y Planificación Radioterápica para el Hospital Puerta de Hierro de Majadahonda»

Date Awarded:

12/03/2007

Cost:

Importe compartido entre distintos Contratistas

Organisation that calls the tender:

UNIVERSIDAD POLITECNICA DE VALENCIA

Objective of Tender:

ADQUISICION DE UN EQUIPO DE LECTURA DE DOSIMETROS TERMOLUMINISCENTES

Date Awarded:

18/10/2006

Cost:

83.346,00 EURO.

Organisation that calls the tender:

CONSEJERIA DE SANIDAD Y CONSUMO DE LA COMUNIDAD AUTONOMA DE MADRID

Objective of Tender:

suministro, instalación y puesta en funcionamiento del Equipamiento de Oncología Radioterápica para el Hospital "Puerta de Hierro", de Majadahonda (Madrid)

Date Awarded:

01/06/2006

Cost:

Importe compartido entre distintos Contratistas

Organisation that calls the tender:

CONSEJERIA DE SANIDAD Y CONSUMO DE LA COMUNIDAD AUTONOMA DE MADRID

Objective of Tender:

SUMINISTRO DE EQUIPAMIENTO DE ONCOLOGIA RADIOTERAPICA PARA EL HOSPITAL DE PUERTA DE HIERRO DE MAJADAHONDA CUATRO LOTES II 1 2 TIPO DE CONTRATO Y EMPLAZAMIENTO DE LAS OBRAS, LUGAR DE ENTREGA O DE EJECUCION SUMINISTRO ADQUISICION PRINCIPAL LUGAR DE ENTREGA PRINCIPAL LUGAR DE ENTREGA HOSPITAL PUERTA DE HIERRO DE MAJADAHONDA E MADRID CODIGO NUTS ES300 II 1 3 EL ANUNCIO SE REFIERE CONTRATOS BASADOS EN UN SISTEMA DINAMICO DE ADQUISICION II 1 4 BREVE DESCRIPCION DEL CONTRATO O ADQUISICION SUMINISTRO, INSTALACION Y

Date Awarded:

01/06/2006

Cost:

Importe compartido entre distintos Contratistas

Organisation that calls the tender:

INSTITUTO VALENCIANO DE LA JUVENTUD

Objective of Tender:

Suministro e instalación de un sistema de protección contra el rayo y mantenimiento durante el año 2006, en todas las instalaciones del Instituto Valenciano de la Juventud

Date Awarded:

26/01/2006

Cost:

85.614,96 EURO.

Organisation that calls the tender:

AGENCIA ESPAÑOLA DE SEGURIDAD ALIMENTARIA

Objective of Tender:

Suministro de equipos de laboratorio

Date Awarded:

16/11/2005

Cost:

según contratista, ver imagen

Organisation that calls the tender:

CONSEJO DE SEGURIDAD NUCLEAR

Objective of Tender:

Adquisición de 3 000 dosímetros electrónicos de lectura directa (DLD), unidades lectoras y software asociado como dotación de los Planes Provinciales de Emergencia Nuclear

Date Awarded:

03/08/2005

Cost:

1.034.483,62 EURO.

Organisation that calls the tender:

CONSEJO DE SEGURIDAD NUCLEAR

Objective of Tender:

Suministro de 3.000 dosímetros electrónicos de lectura directa (DLD), unidades lectoras y software asociado como dotación de los Planes Provinciales de Emergencia Nuclear

Date Awarded:

03/08/2005

Cost:

1.200.001,00 EURO.

Organisation that calls the tender:

CONSORCIO PARA EL SERVICIO DE EXTINCION DE INCENDIOS Y SALVAMENTO DE NAVARRA

Objective of Tender:

TRABAJOS DE ADECUACION DE LAS INSTALACIONES DE PROTECCION CONTRA EL RAYO

Date Awarded:

29/09/2004

Cost:

31.828,78 EURO.

Organisation that calls the tender:

GERENCIA REGIONAL DE SALUD DE LA JUNTA DE CASTILLA Y LEON

Objective of Tender:

D IVE RSO EQUIPAMIENTO PARA EL SERVICIO DE RADIOFISICA DEL COMPLEJO HOSPITALARIO DE ZAMORA

Date Awarded:

24/06/2004

Cost:

SEGUN LOTE, VER IMAGEN

Detail of Subsidies appearing in Balances Memories

Entity	ORGANISMO NO ESPECIFICADO
Subsidy Concept	Subvención a la explotación.
Status	CONCEDIDA
Amount Granted	38.442,88

Entity	INSTITUTO DE TECNOLOGIA ELECTRICA
Subsidy Concept	Subvenciñon a la explotación.
Status	CONCEDIDA
Amount Granted	18.750,00

Entity	INSTITUTO DE LA MEDIANA Y PEQUEÑA INDUSTRIA VALENCIANA
Subsidy Concept	Subvención a la explotación
Status	CONCEDIDA
Amount Granted	109.931,96
Notes	Subvenciones concedidas para proyectos de I+D.

Entity	ORGANISMO NO ESPECIFICADO
Subsidy Concept	SUBVENCION DE CAPITAL
Status	CONCEDIDA
Amount Granted	53.097,22

Research Summary

This company was incorporated in 1986 and is engaged in the research, development, production, marketing and installation of lightning protection systems. Its activity is developed at national and international level, being present in more than 80 countries. In the sources consulted, nothing significant appears against them. In view of the foregoing, we believe that it can continue to be related in risk operations, according to its size.

Sources

Registry of Commerce's Official Gazette. Own and external data bases Company References

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 68.20
UK Pound	1	INR 89.58
Euro	1	INR 78.79
EURO	1	INR 78.80

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

INFORMATION DETAILS

Analysis Done by :	VAR
Report Prepared by :	POJ

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.