MIRA INFORM REPORT

 

 

Report No. :

494868

Report Date :

05.03.2018

 

 

IDENTIFICATION DETAILS

 

Name :

GGB FRANCE EURL

 

 

Registered Office :

65 Chemin De La Prairie Bp 2074 74009 Annecy Cedex

 

 

Country :

France

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

July, 2001

 

 

Legal Form :

Sole proprietorship Ltd

 

 

Line of Business :

Manufacture of gears and mechanical transmission components

 

 

No. of Employees :

340 employees

 

 

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)

France

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

 

 

FRANCE - ECONOMIC OVERVIEW

 

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. France is the most visited country in the world with 83 million foreign tourists in 2016, including 530,000 visitors for the 2016 Euro Cup. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality.

France's real GDP grew by 1.6% in 2017, up from 1.2% the year before. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2015, before falling to 9.5% in 2017. Youth unemployment in metropolitan France decreased from 24.6% in the fourth quarter of 2014 to 24% in the fourth quarter of 2016.

France’s public finances have historically been strained by high spending and low growth. Despite measures to restore public finances, the budget deficit rose from 3.3% of GDP in 2008 to 7.5% of GDP in 2009. In 2017, the budget deficit improved to 2.9% of GDP, bringing it in compliance with the EU-mandated 3% deficit target. Meanwhile, France's public debt rose from 89.5% of GDP in 2012 to 96.9% in 2017.

Since entering office in May 2017, President Emmanuel MACRON launched a series of economic reforms to improve competitiveness and boost economic growth. President MACRON campaigned on reforming France’s labor code and in late 2017 implemented a range of reforms to increase flexibility in the labor market by making it easier for firms to hire and fire and simplifying negotiations between employers and employees. In addition to labor reforms, President MACRON’s proposed 2018 budget cuts public spending, taxes, and social security contributions to spur private investment and increase purchasing power.

 

Source : CIA

 

 

 Company name and address

 

SIRET

438 958 498 00026

Name

GGB FRANCE EURL

Acronym

-

Trade name

-

Status

Economically active

Postal Address

GGB FRANCE EURL
65 CHEMIN DE LA PRAIRIE
BP 2074
74009 ANNECY CEDEX
FRANCE

Share Capital

29,987,845 Euros

Telephone

01 41 40 07 12

Activity (APE)

Manufacture of gears and mechanical transmission components (2815Z)

RCS Registration

-

Formation Date

07/2001

EUR VAT Number

FR14438958498

Deregistration Date

-

Last account Date

31/12/2016

Court Registry Number

20 0 1B00539

Incorporiation Date

08/2001

Registration Court

-

Fax

04 50 51 76 60

Nationality

France

 

 

Legal form

Sole proprietorship Ltd

Currency

Euros

 

 

Key Financials

 

Year to date

Turnover

Gross operating surplus

Shareholder's equity

Net result

Employees

31/12/2016

62,399,155 €

12.47% Turnover

18,063,702 €

2,170,008 €

340 employees

31/12/2015

57,762,505 €

12.05% Turnover

15,814,957 €

3,268,151 €

372 employees

31/12/2014

57,992,679 €

7.87% Turnover

12,929,963 €

-3,037,233 €

377 employees

 

 

Directors

 

Current Directors

4

 

Ultimate Holding Company

 

Name

Safe Number

Country

Company Number

ENPRO INDUSTRIES INC

US43071611

-

Affiliation links.

44 companies in the international Group Structure from 7 countries.

 

 

Judgment and Preferential

 

Judgment

No judgement

Preferential Right

No social security and tax office preferential right to date

 

 

Establishment Details

 

Type of Establishment

Head Office

Production Role

-

APE/NAF Code

2815Z

Activity

Manufacture of gears and mechanical transmission components

Formation Date

09/2001

Reason for Formation

Other

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

65 CHEMIN DE LA PRAIRIE
74000 ANNECY

Department

Haute-Savoie (74)

Location Surface

-

District

1

City

ANNECY

Status

Economically active

Business Pages FT®

MECANIQUE ET OUTILLAGE DE PRECISION

Region

-

Area

99

Size of Urban Area

Urban unit with 100 000 to 199 999 inhabitants

                

 

Other Establishment(s)

 

Regionality

Legal unit with multiple establishments in many areas having at least 50% of workforce in same area

Mono-activity status

Legal unit having all establishments with the same main activity

Branches

3 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

GGB FRANCE EURL

Head Office

2815Z

Manufacture of gears and mechanical transmission components

ANNECY

74000

GGB FRANCE EURL

Branch

2815Z

Manufacture of gears and mechanical transmission components

DIEUZE

57260

GGB FRANCE EURL

Branch

2815Z

Manufacture of gears and mechanical transmission components

CLICHY

92110

 

 

Workforces

 

Workforce at address

200 to 249 employees

Company workforce

250 to 499 employees

 

 

Workforce account

250 to 499 employees

 

 

31/12/2016

 

 

 

Commentary

 

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

Low risk workforce size

Department code with low risk rating

Industry code with low risk rating

The creditor days are 44.89

The net turnover is 62,399,155 €

The total assets are 39,166,271 €

The company has 4 directors

The net current assets are 22,291,451 €

The decrease in the gearing percentage over the last two accounting periods is 38 %

The risk provisions are 5,534,258 €

The shareholder's equity is 18,063,702 €

The pre-tax profit is 2,161,317 €

The ratio total assets to total liabilities is 1.86

The stock to turnover ratio is 7.60

The return on total assets employed is 5.52

The sales to current assets ratio is 2.80

The liabilities are 15,564,924 €

 

 

Industry comparison

 

Activity (APE)

Manufacture of gears and mechanical transmission components

 (2815Z)

Industry average credit rating

57

Industry average credit limit

219,929

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Summary of preferential rights

Company monitored since

28/12/2009

Status of Monitoring

No social security and tax office preferential right to date

 

Social security, pension funds preferential rights

Number of preferential rights

0

Total amount

-

Due remaining amount

-

Date of last preferential right

-

 

 

Historical

 

Registration number

Registration date

Date of the planned end

Creditor

Amount of the debt

Due remaining amount

30700501

27/09/2007

17/01/2011

URSSAF DE LA MOSELLE

40,278 EUR

-

Reason for closure

Crossed Off

Court

Creditor

URSSAF DE LA MOSELLE

Debtor

GGB FRANCE E.U.R.L.( ex GLACIER GARLOCK BEARINGS)
SARL - 65 CHEMIN DE LA PRAIRIE 74000 ANNECY

Pledges

Interest rate

0

 

 

Group Data

 

Ultimate parent company

ENPRO INDUSTRIES INC

Direct parent

FAIRBANKS MORSE ENGINE FRANCE E.U.R.L. - 100 %

Group – Number of companies

20

Linkages – Number of companies

44

Number of countries

7

 

Name

SIREN

Parts

Last account published

 

1

ENPRO INDUSTRIES INCORPORATED

-

-

-

 

2

COMPRESSOR PRODUCTS HOLDINGS LIMITED

06320821

100 %

31/12/2016

 

3

COMPRESSOR PRODUCTS INTERNATIONAL LIMITED

01794754

100 %

31/12/2016

 

4

MID WESTERN COMPRESSOR SUPPLIES INC

-

Majority

-

 

MID WESTERN MACHINE WORKS INC.

-

Majority

-

 

2

FAIRBANKS MORSE ENGINE FRANCE E.U.R.L.

438994857

100 %

31/12/2005

 

3

GGB FRANCE EURL

438958498

100 %

31/12/2016

 

2

COLTEC INDUTRIES INC

-

Majority

-

 

3

COLTEC INDUSTRIES FRANCE SAS

414743914

99.99 %

31/12/2016

 

4

TECHNETICS GROUP FRANCE SAS

400072997

Majority

31/12/2016

 

5

TECHNETICS GROUP GERMANY GMBH

HRB 94023

Majority

31/12/2016

 

STEMCO KAISER

-

Majority

-

 

GARLOCK SEALING TECHNOLOGIES

-

Majority

-

 

GGB

-

Majority

-

 

2

STEMCO

-

Majority

-

 

3

ROME TOOL & DIE CO.

-

Majority

-

 

MOTORWHEEL COMMERCIAL VEHICLE SYSTEMS INC.

-

Majority

-

 

FAIRBANKS MORSE ENGINE

-

Majority

-

 

TARA TECHNOLOGIES CORPORATION

-

Majority

-

 

GPT / PSI PIKOTEK

-

Majority

-

 

 

 

Shareholders

 

Type of shareholders

Company: 100%Company

Shareholders

FAIRBANKS MORSE ENGINE FR...: 100%FAIRBANKS MORSE ENGINE FRANCE E.U.R.L.

 

 

Linkages

 

Company Name

Siren

Last Account Published

Turnover

CPI-LIARD

446320467

31/12/2016

15,233,454 €

GARLOCK (GREAT BRITAIN) LIMITED

01014770

31/12/2016

4,916,512 £

GARLOCK PIPELINE TECHNOLOGIES LIMITED

00867192

31/12/2016

5,486,108 £

GARLOCK GESELLSCHAFT MIT BESCHRÄNKTER HAFTUNG

HRB 7884

31/12/2016

25,108,652 €

COMPRESSOR PRODUCTS INTERNATIONAL GMBH

HRB 87034

31/12/2015

19,883,274 €

GGB KUNSTSTOFF-TECHNOLOGIE GMBH

HRB 704022

31/07/2017

-

GGB HEILBRONN GMBH

HRB 107740

31/12/2016

49,230,745 €

ENPRO GERMAN HOLDING GMBH

HRB 728125

31/12/2015

309,721 €

GGB ITALY S.R.L.

TO959856

31/12/2016

3,696,753 €

TECHNETICS GROUP UK LIMITED

04352287

31/12/2016

5,429,410 £

ROBIX LIMITED

01702423

31/12/2016

-

COLTEC FINANCE COMPANY LIMITED

04509708

31/12/2016

0 £

CPI INVESTMENTS LIMITED

05907269

30/11/2016

-

PLAYER & CORNISH LIMITED

06827501

31/12/2016

-

TECHNETICS UK LIMITED

07900866

31/01/2017

-

PIPELINE SEAL & INSULATOR CO. LIMITED

08440894

31/12/2016

-

GGB TRISTAR SUISSE SA

17379

-

-

GARLOCK GMBH ZWEIGNIEDERLASSUNG KOMPRESSOREN-ABTEILUNG

HRB 51435

-

-

GGB GERMANY GMBH & CO. KG

HRA 104183

-

-

TECHNETICS GROUP DAYTONA, INC.

-

-

30,000,000 $

FABRICO INC.

-

-

100,500 $

STEMCO HOLDINGS, INC.

-

-

-

PROGRESSIVE EQUIPMENT INC

-

-

3,750,000 $

CC TECHNOLOGY

-

-

4,849,000 $

STEMCO L.P.

-

-

199,999,999 $

TEXOLON

-

-

-

PREMIER LUBRICATION SYSTEMS INC.

-

-

5,000,000 $

DROPSA USA INC

-

-

2,238,000 $

AIR PERFECTION INC

-

-

30,000,000 $

GGB BEARING TECH

-

-

-

TECHNETICS GROUP LLC

-

-

100,000,000 $

GARLOCK KLOZURE HIGH-PRFRMNC

-

-

154,132,000 $

ROME TOOL & DIE CO.

-

-

10,000,000 $

CCC-ACCUSEAL, INC

-

-

-

AMICON PLASTICS, INC.

-

-

-

COLTEC INDUSTRIES INC

-

-

100,000,000 $

GARLOCK PIPELINE TECHNOLOGIES INC.

-

-

-

COLTEC INDUSTRIES INC.

-

-

100,000,000 $

ADVANCED TRANSIT DYNAMICS, INC.

-

-

10,000,000 $

STEMCO PRODUCTS, INC.

-

-

100,000,000 $

COLTEC INDUSTRIES INC

-

-

-

COLTEC INDUSTRIES INC

-

-

-

ENPRO HOLDINGS INC

-

-

-

ENPRO HOLDINGS, INC.

-

-

-

 

 

Director(s)

 

Name

M. PRICE THOMAS ALEXANDER

Manager position

Manager

Date of birth

14/05/1971

Place of birth

GEORGIA(ETATS-UNIS D'AMERIQUE)

Type

Individual

Name at birth

Name

Mme. CASE SWEENEY SUSANE

Manager position

Manager

Date of birth

13/07/1963

Place of birth

JACKSON (MICHIGAN)(ETATS-UNIS D'AMERIQUE)

Type

Individual

Name at birth

 

 

Statutory Auditor

 

Name

M. COLL PIERRE

 

Manager position

Deputy auditor

Date of birth

-

 

Place of birth

 

Type

Individual

Name at birth

 

 

Name

PRICEWATERHOUSECOOPERS AUDIT

Name of representative

Manager position

Statutory auditor

Date of birth

-

Place of birth

Type

Moral person

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

Manager

Mme. CASE SWEENEY SUSANE

13/07/1963 - JACKSON (MICHIGAN)(ETATS-UNIS D'AMERIQUE)

Manager

M. CHEVALLIER SÉBASTIEN ARNAUD

28/03/1970 - MEAUX

Manager

M. CHEVALLIER SÉBASTIEN ARNAUD

28/03/1970 - MEAUX(77)

Manager

M. CLAUDE NICOLAS PIERRE DONAT

10/08/1969 - EPINAL(88)

Manager

M. CLAUDE NICOLAS PIERRE DONAT

10/08/1969 - EPINAL(88)

Manager

M. FISCHER BERND

18/03/1963 - OSTRACH - ALLEMAGNE(ALLEMAGNE)

Manager

M. FISCHER BERND

18/03/1963 - OSTRACH - ALLEMAGNE(ALLEMAGNE)

Manager

M. HOFMANN KLAUS

21/12/1960 - HEILBRONN(ALLEMAGNE)

Manager

M. HOFMANN KLAUS

21/12/1960 - HEILBRONN(ALLEMAGNE)

Manager

M. KLAGES STEFAN

05/05/1964 - MAINZ ALLEMAGNE

Manager

M. PRICE THOMAS ALEXANDER

14/05/1971 - GEORGIA(ETATS-UNIS D'AMERIQUE)

Manager

M. WALKER KENNETH DANIEL

07/12/1969 - OZARK(ETATS-UNIS D'AMERIQUE)

Co-managing partner

M. FISCHER BERND

18/03/1963 - OSTRACH ALLEMAGNE

 

Status history

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

15/02/2018

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

3272 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2016.

22/06/2017

JAL

Resignation / Revocation of the social representative

L Eco des Pays de Savoie


Date de décision : 15/05/2017
La société 438958498 - GGB FRANCE EURL, 3 RUE ROGER HUSSON, 57260 DIEUZE
Fait l'objet du départ de Monsieur Sébastien CHEVALLIER

17/10/2016

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

6749 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2015.

12/04/2016

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

6671 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.

03/03/2016

JAL

Continuation of activity in spite of stockholders' equity become lower in the middle of the share capital

L'Eco des Pays de Savoie


Date de décision : 31/12/2015
Poursuite d'activité malgré des fonds propres devenus inférieurs à la moitié du capital social de la société 438958498 -  GGB FRANCE EURL, 3 RUE ROGER HUSSON, 57260 DIEUZE

25/03/2015

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

4587 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Capital : 29987845 EUR. Activité : .
Commentaires : Modification du capital.

05/02/2015

JAL

Modification of the share capital

Essor Savoyard / Edition Annecy


Date de décision : 31/12/2014
La société : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY a subi une augmentation de son capital social désormais de 29 987 845 €
Date d'effet : 31/12/2014

13/08/2014

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

1984 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

08/05/2014

JAL

Resignation / Revocation of the social representative

Dauphiné Libéré (Le)/Edition Annecy et Rumilly


Date de décision : 20/12/2013
La société 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Fait l'objet du départ de Monsieur Kenneth Walker

08/05/2014

JAL

Appointment of the social representative

Dauphiné Libéré (Le)/Edition Annecy et Rumilly


Date de décision : 20/12/2013
Société faisant l'objet d'une nomination : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Nominé : Madame Ôusan Case Sweeney, 28209 CHARLOTTE
En la fonction de : Co-Gérant

18/04/2014

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

1232 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Administration : WALKER Kenneth Daniel nom d'usage : WALKER n'est plus gérant. CASE SWEENEY Susane nom d'usage : CASE SWEENEY devient gérant. Activité : .
Commentaires : Modification de l'administration.

27/02/2014

JAL

Resignation / Revocation of the social representative

Dauphiné Libéré (Le)/Edition Annecy et Rumilly


Date de décision : 20/12/2013
La société 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Fait l'objet du départ de Monsieur Kenneth WALKER, 3 Rue de Gex, 01210, FERNEY VOLTAIRE

27/02/2014

JAL

Appointment of the social representative

Dauphiné Libéré (Le)/Edition Annecy et Rumilly


Date de décision : 20/12/2013
Société faisant l'objet d'une nomination : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Nominé : Madame Susan Case Sweeney, NC 28209 CHARLOTTE
En la fonction de : Co-Gérant

28/08/2013

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

2334 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Administration : WALKER Kenneth Daniel nom d'usage : WALKER devient gérant. Activité : .
Commentaires : Modification de l'administration.

28/08/2013

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

10872 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2012.

18/07/2013

JAL

Continuation of activity in spite of stockholders' equity become lower in the middle of the share capital

Dauphiné Libéré (Le)/Edition Annecy et Rumilly


Date de décision : 28/06/2013
Poursuite d'activité malgré des fonds propres devenus inférieurs à la moitié du capital social de la société 438958498 -  GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Date d'effet : 28/06/2013

12/07/2013

JAL

Appointment of the social representative

Dauphiné Libéré (Le)/Edition Annecy et Rumilly


Date de décision : 31/10/2012
Société faisant l'objet d'une nomination : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Nominé : Monsieur Kenneth WALKER, 01210 FERNEY VOLTAIRE
En la fonction de : Co-Gérant

06/03/2013

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

1677 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Administration : PRICE Thomas Alexander nom d'usage : PRICE devient gérant. Activité : .
Commentaires : Modification de l'administration.

21/12/2012

JAL

Appointment of the social representative

Dauphiné Libéré (Le)/Edition Annecy et Rumilly


Date de décision : 31/10/2012
Société faisant l'objet d'une nomination : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Nominé : Monsieur Thomas PRICE, 28211 CAROLINA
En la fonction de : Co-Gérant
Nominé : Monsieur Kenneth WALKER, 01210 FERNEY VOLTAIRE
En la fonction de : Co-Gérant

30/11/2012

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

8607 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

01/12/2011

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

1325 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Administration : HOFMANN Klaus nom d'usage : HOFMANN n'est plus gérant. Activité : .
Commentaires : Modification de l'administration.

01/12/2011

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

1326 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Administration : FISCHER Bernd nom d'usage : FISCHER n'est plus gérant. CLAUDE Nicolas Pierre Donat nom d'usage : CLAUDE n'est plus gérant. CHEVALLIER Sébastien Arnaud nom d'usage : CHEVALLIER devient gérant. Activité : .
Commentaires : Modification de l'administration.

20/09/2011

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

7597 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

18/08/2011

JAL

Appointment of the social representative

Messager (Le) - L'Essor savoyard


Société faisant l'objet d'une nomination : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Nominé : Monsieur Sébastien Chevallier, 38800 LE PONT DE CLAIX
En la fonction de : Co-Gérant
Date d'effet : 31/07/2010

25/03/2011

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

3231 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Capital : 17787845 EUR. Activité : .
Commentaires : Modification du capital.

20/01/2011

JAL

Modification of the share capital

Messager (Le) - L'Essor savoyard


Date de décision : 29/12/2010
La société : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY a subi une augmentation de son capital social désormais de 17 787 845 €
Date d'effet : 29/12/2010

16/09/2010

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

10238 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

29/07/2010

JAL

Continuation of activity in spite of stockholders' equity become lower in the middle of the share capital

LE MESSAGER EDITION CHABLAIS - L'ESSOR SAVOYARD


Date de décision : 30/06/2010
Poursuite d'activité malgré des fonds propres devenus inférieurs à la moitié du capital social de la société 438958498 -  GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY

23/04/2010

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

1700 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Administration : KLAGES Stefan nom d'usage : KLAGES Stefan n'est plus gérant. CLAUDE Nicolas Pierre Donat nom d'usage : CLAUDE Nicolas devient gérant.
Commentaires : Modification de l'administration.

08/04/2010

JAL

Appointment of the social representative

LE MESSAGER EDITION CHABLAIS - L'ESSOR SAVOYARD


Société faisant objet d'une nomination : 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Nominé : Monsieur Nicolas CLAUDE, 64 RUELLE 64 RUELLE DES VIEUX FOSSES, 54300 LUNEVILLE
En la fonction de : Co-Gérant

08/04/2010

JAL

Resignation / Revocation of the social representative

LE MESSAGER EDITION CHABLAIS - L'ESSOR SAVOYARD


Date de décision : 31/03/2010
La société 438958498 - GGB FRANCE EURL, 65 CHE DE LA PRAIRIE, BP 2074, 74000 ANNECY
Fait l'objet du départ de Monsieur Stefan KLAGES

23/10/2009

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

6213 - 438958498 RCS. GGB FRANCE E.U.R.L.. Forme : Société à Responsabilité Limitée. Adresse : 65 chemin de la Prairie BP 2074 74009 Annecy. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

08/07/2009

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE COMMERCE D'ANNECY

1983 - 438 958 498 RCS Annecy. GGB FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée. Administration : ZATTARA Jean Luc nom d'usage : ZATTARA Jean n'est plus gérant.. KLAGES Stefan nom d'usage : KLAGES Stefan devient gérant..
Commentaires : Modification de l'administration.

14/01/2009

Bodacc C

Comptes annuels et rapports

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE GRANDE INSTANCE D'ANNECY

2770 - 438958498 RCS. G.G.B. FRANCE E.U.R.L. Forme : S.A.R.L.. Adresse : 65, chemin de la Prairie, B.P. 2074, 74009 Annecy Cedex. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

28/03/2008

Bodacc B

Modification et mutation diverse

74 - HAUTE-SAVOIE

GREFFE DU TRIBUNAL DE GRANDE INSTANCE D'ANNECY

3121 - 438 958 498 RCS Annecy. G.G.B. FRANCE E.U.R.L. Forme : Société à Responsabilité Limitée Associé Unique. Administration : nomination d'un gérant, nouveau co-gérant : HOFMANN (Klaus). Capital : 8787845 EUR.
Adresse du siège social : 65 chemin de la Prairie, 2074 74009 Annecy Cedex.
Commentaires : modification sur l'administration, le 18/12/2007.

18/11/2007

Bodacc C

Avis de dépôt des comptes

3454 - Annecy B 438 958 498. RC 01-B 539. G.G.B. FRANCE E.U.R.L. Forme: S.A.R.L.. Adresse du siège social: 65, chemin de la Prairie, B.P. 2074,74009 Annecy Cedex. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

26/12/2006

Bodacc C

Avis de dépôt des comptes

2816 - RCS Annecy B 438 958 498. RC 01-B 539. G.G.B. FRANCE E.U.R.L. Forme: S.A.R.L.. Adresse du siège social: 65, chemin de la Prairie, B.P. 2074,74009 Annecy Cedex. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

10/10/2005

Bodacc C

Avis de dépôt des comptes

3361 - RCS Annecy B 438 958 498. RC 01-B 539. G.G.B. FRANCE E.U.R.L. Forme: S.A.R.L.. Adresse du siège social: 65, chemin de la Prairie, B.P. 2074,74009 Annecy Cedex. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

11/05/2005

Bodacc B

Modifications et mutations diverses

2608 - RCS Annecy 438 958 498. RC 01-B 539. GGB FRANCE E.U.R.L. Forme : S.A.R.L. à associé unique. Capital : 8 787 845 euros. Adresse du siège social : 65 chemin de la Prairie, B.P. 2074,, 74009 Administration : nouveau cogérant : FISCHER (Bernd). Date d'effet : 28 février 2005.

14/09/2004

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Annecy 438958498 RC 01-B 539 GLACIER GARLOCK BEARINGS. Forme : S.A.R.L. à associé unique. Capital : 8 787 845 euros Nouvelle situation du siège social dénomination: GGB FRANCE E.U.R.L. Administration : ancien commissaire aux comptes titulaire : ERNST & YOUNG AUDIT. Nouveau commissaire aux comptes titulaire : PRICEWATERHOUSECOOPERS AUDIT. Ancien commissaire aux comptes suppléant : MARY-DAUPHIN (Daniel). Nouveau commissaire aux comptes suppléant : COLL (Pierre). Date d'effet : 30 juin 2004.

23/01/2003

Bodacc B

Modifications et mutations diverses

Ancienne situation du siège social. RCS Annecy 438958498 RC 01-B 539 GLACIER GARLOCK BEARINGS. Forme : S.A.R.L. à associé unique. Capital : 8 000 euros. Activité : fabrication, vente de roulements en polymère recouvert de métal, plus généralement tous types de roulements création, acquisition, location, prise en location-gérance de tous fonds de commerce, prise à bail, installation, exploitation de tous établissements, fonds de commerce, usines, ateliers se rapportant à l'une ou l'autre des activités susvisées. Adresse : 65 chemin de la Prairie, B.P. 2074, 74009 Annecy Cedex Nouvelle situation du siège social. Capital : 8 787 845 euros. Activité : fabrication, vente de paliers métal polymères et plus généralement de tous types de pièces mécaniques entrant notamment dans la catégorie des matériaux dits de frottement création, acquisition, location, prise en location-gérance de tous fonds de commerce, prise à bail, installation, exploitation de tous établissements, fonds de commerce, usines, ateliers se rapportant à l'une ou l'autre des activités susvisées. Administration : nouveau commissaire aux comptes titulaire : S.A. ERNST & YOUNG AUDIT. Nouveau commissaire aux comptes suppléant : MARY-DAUPHIN (Daniel). Date d'effet : 28 juin 2002.

19/03/2002

Bodacc B

Modifications et mutations diverses

RCS Annecy 438958498 RC 01-B 539 GLACIER GARLOCK BEARINGS. Forme : S.A.R.L. à associé unique. Capital : 8 000 euros. Adresse du siège social : 65 chemin de la Prairie, B.P. 2074, 74009 Annecy Cedex. Administration : ancien gérant : SHORER (Ram). Nouveau gérant : ZATTARA ( Jean, Luc). Date d'effet : 18 décembre 2001.

28/10/2001

Bodacc A

Création d'établissement

RCS Nanterre B 438958498 RC AP-B 1052 COLTEC BEARINGS. Forme : S.A.R.L. Capital : 8 000 euros. Adresse du siège social : 15 rue de Vignon, 75016 Paris Etablissement principal: Activité : conception, fabrication, marketing, distribution et vente de matériaux polymère ou non, de bagues, de coussinets sur métal, destinés à toutes applications industrielles ou automobiles, à l'exception des applications moteurs. Adresse : 22-28 rue Henri-Barbusse, 92110 Clichy Branche complète et autonome d'activité, droit au bail acquis par achat au prix stipulé de 176 048 440 F. Date d'effet : 1 e r septembre 2001. Précédent propriétaire : GLACIER VANDERVELL. RCS B 420935827 Publication légale: La Loi du 18 septembre 2001. Oppositions : au fonds pour la validité et au siège de la société Glacier Vandervell, Coltec Bearings, 65 chemin de la Prairie, 74000 Annecy, pour la correspondance.

19/10/2001

Bodacc A

Création d'établissement

RCS Paris B 438958498 COLTEC BEARINGS. Forme : S.A.R.L. Capital : 8 000 euros. Adresse du siège social : 15 rue Vignon, 75008 Paris Etablissement principal: Activité : conception, fabrication, marketing, distribution et vente de matériaux polymères sur métal de bagues, de coussinets polymères sur métal, d'autres bagues et coussinets non polymères destinés à toute application industrielle ou automobile, à l'exception des applications moteurs. Adresse : faubourg Vergaville, 57260 Dieuze Branche complète et autonome d' activité dépendant de l'établissement principal acquise par achat au montant global évalué à 176 048 440 F. Date d'effet : 1 e r septembre 2001. Précédent propriétaire : GLACIER VANDERVELL. RCS Annecy 420935827 Publication légale: Les Affiches moniteur des soumissions du 18 septembre 2001. Oppositions : au fonds.

19/10/2001

Bodacc B

Modifications et mutations diverses

RCS Annecy B 438958498 A dater du: 24 septembre 2001 RC 01-B 539 GLACIER GARLOCK BEARINGS. Forme : E.U.R.L. Capital : 8 000 euros. Adresse du siège social : 65 chemin de la Prairie, B.P. 2074, 74009 Annecy Cedex. Administration : gérant : SHORER (Ram). Commentaires : cette société transfère son siège social du 15 rue Vignon, 75008 Paris Etablissement principal: Activité : fabrication, vente de roulements en polymère recouvert de métal et plus généralement, de tous types de roulements création, acquisition, location, prise en location-gérance de tous fonds de commerce, prise à bail, installation, exploitation de tous établissements, de fonds de commerce, d' usines, d'ateliers se rapportant à l' une ou l'autre des activités susvisées. Adresse : 65 chemin de la Prairie, B.P. 2074, 74009 Annecy Cedex. Date d'effet : 1 e r septembre 2001.

19/10/2001

Bodacc A

Création d'établissement

RCS Paris B 438958498 COLTEC BEARINGS. Forme : S.A.R.L. Capital : 8 000 euros. Adresse du siège social : 15 rue Vignon, 75008 Paris Etablissement principal: Activité : conception, fabrication, marketing, distribution et vente de matériaux polymères sur métal de bagues, de coussinets polymères sur métal, d'autres bagues et coussinets non polymères destinés à toute application industrielle ou automobile, à l'exception des applications moteurs. Adresse : Moulin du Haut, Ban-de- Guébling, 57260 Guébling Branche complète et autonome d'activité dépendant de l'établissement principal acquise par achat au montant global évalué à 176 048 440 F. Date d'effet : 1 e r septembre 2001. Précédent propriétaire : GLACIER VANDERVELL. RCS Annecy 420935827 Publication légale: Les Affiches moniteur des soumissions du 18 septembre 2001. Oppositions : au fonds.

12/09/2001

Bodacc A

Création d'établissement

RCS Paris B 438958498 RC 01-B 13558 COLTEC BEARINGS S.A.R.L. Forme : S.A.R.L. Capital : 8 000 euros. Adresse du siège social : 15 rue Vignon, 75008 Paris. Administration : gérant : SHORER (Ram) Cette société se constitue , mais n' exploite provisoirement aucun établissement.

 

 

Company events history

 

Date

Description

15/02/2018

Bodacc C : Deposit accounts notice

18/01/2018

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

10/07/2017

Application and court order

22/06/2017

Legal Gazette: Resignation / Revocation of the social representative

14/06/2017

Amendment

31/12/2016

New accounts available

17/10/2016

Bodacc C : Deposit accounts notice

03/08/2016

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

27/07/2016

Amendment

12/04/2016

Bodacc C : Deposit accounts notice

02/03/2016

Update Limit

02/03/2016

Update Rating

02/03/2016

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

25/02/2016

Amendment

31/12/2015

Legal Gazette: Continuation of activity

31/12/2015

New accounts available

23/06/2015

Application and court order

25/03/2015

Bodacc B: Various editing or changing

12/02/2015

Amendment

31/12/2014

Legal Gazette: Modification of the share capital

31/12/2014

New accounts available

13/08/2014

Bodacc C : Deposit accounts notice

31/07/2014

Invalid balance sheet

27/06/2014

Payment incident closed

15/05/2014

Payment incident detected

08/05/2014

Legal Gazette: Resignation / Revocation of the social representative

18/04/2014

Bodacc B: Various editing or changing

21/03/2014

Amendment

27/02/2014

Legal Gazette: Resignation / Revocation of the social representative

20/12/2013

Legal Gazette: Appointment of the social representative

12/09/2013

Amendment

28/08/2013

Bodacc B: Various editing or changing

28/08/2013

Bodacc C : Deposit accounts notice

07/08/2013

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

05/08/2013

Amendment

28/06/2013

Legal Gazette: Continuation of activity

06/03/2013

Bodacc B: Various editing or changing

01/03/2013

New ultimate parent

01/03/2013

New parent detected

16/01/2013

Amendment

31/12/2012

New accounts available

30/11/2012

Bodacc C : Deposit accounts notice

31/10/2012

Legal Gazette: Appointment of the social representative

27/10/2012

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

31/12/2011

New accounts available

01/12/2011

Bodacc B: Various editing or changing

28/10/2011

Amendment

20/09/2011

Bodacc C : Deposit accounts notice

20/09/2011

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

30/06/2011

Legal Gazette: Appointment of the social representative

25/03/2011

Bodacc B: Various editing or changing

03/02/2011

Amendment

03/02/2011

Updated articles of association

17/01/2011

Preferential right lapsed

31/12/2010

New accounts available

29/12/2010

Other modification of Establishment

29/12/2010

Legal Gazette: Modification of the share capital

16/09/2010

Bodacc C : Deposit accounts notice

30/07/2010

Amendment

30/06/2010

Legal Gazette: Continuation of activity

23/04/2010

Bodacc B: Various editing or changing

08/04/2010

Legal Gazette: Resignation / Revocation of the social representative

07/04/2010

Amendment

31/03/2010

Legal Gazette: Appointment of the social representative

27/03/2010

A Social Security Preferential right lapsed

31/12/2009

New accounts available

28/12/2009

Collection of preferential rights activated for this company

23/10/2009

Bodacc C : Deposit accounts notice

08/07/2009

Bodacc B: Various editing or changing

25/05/2009

Private document

25/05/2009

Minutes of general meeting of shareholders

25/05/2009

Minutes of general meeting of shareholders

25/05/2009

Appointment/resignation of company officers

25/05/2009

New manager

14/01/2009

Bodacc C : Deposit accounts notice

31/12/2008

New accounts available

02/07/2008

Payment incident closed

29/04/2008

Payment incident detected

28/03/2008

Bodacc B: Various editing or changing

28/03/2008

New Bodacc B ads detected

27/02/2008

Amendment

27/02/2008

Appointment/resignation of company officers

27/02/2008

Minutes of general meeting of shareholders

27/02/2008

Private document

31/12/2007

New accounts available

27/09/2007

Unfiling of a Social Security preferential right

27/09/2007

Filling of Social Security Preferential Right

27/09/2007

New Filling of Social Security preferential right

31/12/2006

New accounts available

31/12/2005

New accounts available

08/04/2005

Amendment

08/04/2005

Private document

08/04/2005

Minutes of general meeting of shareholders

08/04/2005

Appointment/resignation of company officers

18/01/2005

Amendment

01/01/2005

Amendment

01/01/2005

Private document

31/12/2004

New accounts available

19/08/2004

Minutes of general meeting of shareholders

19/08/2004

New auditor

19/08/2004

Private document

19/08/2004

Updated articles of association

19/08/2004

Appointment/resignation of company officers

19/08/2004

New company name

31/12/2003

New accounts available

27/11/2002

Minutes of general meeting of shareholders

27/11/2002

Updated articles of association

31/01/2002

Minutes of general meeting of shareholders

01/01/2002

Minutes of general meeting of shareholders

01/01/2002

Private document

01/01/2002

Updated articles of association

01/01/2002

Change to corporate purpose

01/01/2002

Capital increase

01/01/2002

Appointment/resignation of company officers

01/01/2002

New manager

05/11/2001

Amendment

24/08/2001

Appointment/resignation of company officers

24/08/2001

Private document

24/08/2001

Fund deposit certificate

24/08/2001

Company formation

24/08/2001

Articles of association

01/01/2001

Minutes of general meeting of shareholders

01/01/2001

Updated articles of association

01/01/2001

Registration after transfer

01/01/2001

Private document

01/01/2001

New company name

 

 

Synthesized Accounts

 

Annual Accounts

31/12/2016

31/12/2015

31/12/2014

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

17/01/2018

02/08/2016

01/03/2016

Activity Code

2815Z

2815Z

2815Z

Employees

340

372

377

Active account

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Capital not called

1

0%

0

0%

0

0

0%

Total fixed assets

16,874,313

-9.3%

18,614,563

-11.8%

21,098,379

753,923

2138.2%

Intangible assets

1,249,735

-37.3%

1,994,739

-42.0%

3,436,502

11,928

10377.3%

Tangible assets

15,603,251

-6.0%

16,598,997

-5.9%

17,638,503

435,375

3483.9%

Financial assets

21,324

2.4%

20,824

-10.9%

23,370

15,136

40.9%

Net current assets

22,291,451

20.5%

18,501,489

-10.5%

20,666,697

2,508,320

788.7%

Stocks

4,745,422

2.0%

4,652,389

-7.3%

5,021,358

752,012

531.0%

Advanced payments

12,905

-76.6%

55,236

-2.9%

56,868

0

0%

Receivables

17,532,657

27.2%

13,780,414

-11.3%

15,528,672

1,161,032

1410.1%

Securities and cash

464

-96.5%

13,447

-77.5%

59,797

198,125

-99.8%

Prepaid expenses

-

-

-

-

-

201

-

Accounts of regularization

506

-74.6%

1,996

-5.6%

2,115

0

0%

Total Assets

39,166,271

5.5%

37,118,048

-11.1%

41,767,189

3,467,117

1029.6%

Passive Account

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Shareholders' equity

18,063,702

14.2%

15,814,957

22.3%

12,929,963

1,484,493

1116.8%

Share capital

29,987,845

0%

29,987,845

0%

29,987,845

470,000

6280.4%

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

5,534,258

39.5%

3,965,860

-0.4%

3,982,823

6,781

81514.2%

Liabilities

15,564,924

-10.2%

17,337,231

-30.2%

24,835,457

1,370,313

1035.9%

Financial liabilities

1,650,986

-73.5%

6,224,425

-42.6%

10,845,054

161,315

923.5%

Advanced payments received

0

0%

0

0%

0

0

0%

Trade account payables

7,674,800

61.4%

4,753,810

-14.4%

5,552,125

448,596

1610.9%

Tax and social liabilities

6,057,205

8.5%

5,583,643

-21.1%

7,079,688

395,409

1431.9%

Other debts and fixed assets liabilities

185,315

-76.1%

775,350

-43.7%

1,377,538

20,165

819.0%

Account regularization

0

0%

0

0%

0

0

0%

Total liabilities

39,166,271

5.5%

37,118,048

-11.1%

41,767,189

3,467,117

1029.6%

Results

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Sales of Goods

64,026,481

6.5%

60,093,656

-1.5%

61,031,428

4,563,820

1302.9%

Net turnover

62,399,155

8.0%

57,762,505

-0.4%

57,992,679

4,329,546

1341.2%

of which net export turnover

47,113,378

7.5%

43,836,997

1.3%

43,253,849

252,750

18540.3%

Operating charges

61,574,627

8.6%

56,677,452

-3.9%

59,005,524

4,718,327

1205.0%

Operating profit/loss

2,451,854

-28.2%

3,416,203

68.6%

2,025,904

106,855

2194.6%

Financial income

47,681

-72.7%

174,424

84.1%

94,729

2,268

2002.8%

Financial charges

241,521

-53.0%

514,119

-48.8%

1,004,774

9,423

2463.2%

Financial profit/loss

-193,840

42.9%

-339,695

62.7%

-910,046

-2,885

-6620.1%

Pretax net operating income

2,258,014

-26.6%

3,076,508

175.7%

1,115,859

85,544

2539.6%

Extraordinary income

510,574

-91.5%

5,987,490

556.3%

912,289

14,360

3455.7%

Extraordinary charges

607,269

-89.7%

5,882,314

12.3%

5,238,373

21,814

2683.8%

Extraordinary profit/loss

-96,695

-191.9%

105,176

102.4%

-4,326,084

0

0%

Net result

2,170,008

-33.6%

3,268,151

207.6%

-3,037,233

91,378

2274.8%

Accounts - Active

Normal Account

31/12/2016

31/12/2015

31/12/2014

Months

12

12

12

Grand Total - Active Accounts (I to VI)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Grand Total (I to VI)

Net

39,166,271

5.5%

37,118,048

-11.1%

41,767,189

Gross

CO

88,959,105

4.7%

84,944,529

-6.8%

91,157,798

Amortisation

1A

49,792,834

4.1%

47,826,480

-3.2%

49,390,609

Non declared distributed capital (I)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Non declared distributed capital (I)

AA3

1

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

Active fixed asset (II)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total Active fixed asset (II)

Net

16,874,313

-9.3%

18,614,563

-11.8%

21,098,379

Gross

BJ

65,469,760

0.6%

65,074,115

0.7%

64,637,745

Amortisation

BK

48,595,447

4.6%

46,459,552

6.7%

43,539,369

Intangible fixed assets

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

CQ

0

0%

0

0%

0

Distributorships, patents

Net

1,249,735

-32.4%

1,847,439

18.7%

1,556,862

Gross

AF

4,223,079

2.0%

4,140,271

32.0%

3,137,066

Amortisation

AG

2,973,343

29.7%

2,292,832

45.1%

1,580,204

Goodwill

Net

0

0%

0

0%

0

Gross

AH

14,406,275

0%

14,406,275

0.0%

14,406,276

Amortisation

AI

14,406,275

0%

14,406,275

0.0%

14,406,276

Other intangible fixed assets

Net

0

0%

147,300

-92.2%

1,879,640

Gross

AJ

0

0%

147,300

-92.2%

1,879,640

Amortisation

AK

0

0%

0

0%

0

Pre-payments and downpayments

Net

0

0%

0

0%

0

Gross

AL

0

0%

0

0%

0

Amortisation

AM

0

0%

0

0%

0

Sub Total Intangible asset

Net

1,249,735

-37.3%

1,994,739

-42.0%

3,436,502

Tangible fixed assets

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Lands

Net

2,108,645

0%

2,108,645

0%

2,108,645

Gross

AN

2,108,645

0%

2,108,645

0%

2,108,645

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

1,466,110

-10.6%

1,640,175

-8.7%

1,796,652

Gross

AP

3,397,918

0%

3,397,918

-0.2%

3,405,885

Amortisation

AQ

1,931,808

9.9%

1,757,743

9.2%

1,609,233

Plant

Net

9,074,368

27.6%

7,110,550

-20.5%

8,939,755

Gross

AR

35,195,736

8.9%

32,304,784

-0.4%

32,441,811

Amortisation

AS

26,121,368

3.7%

25,194,234

7.2%

23,502,055

Other tangible fixed assets

Net

2,192,730

4.2%

2,103,410

8.6%

1,937,729

Gross

AT

5,355,382

9.0%

4,911,876

12.2%

4,379,330

Amortisation

AU

3,162,652

12.6%

2,808,465

15.0%

2,441,600

Fixed assets in construction

Net

747,909

-75.2%

3,018,736

19.2%

2,533,048

Gross

AV

747,909

-75.2%

3,018,736

19.2%

2,533,048

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

13,489

-97.8%

617,481

91.4%

322,674

Gross

AX

13,489

-97.8%

617,481

91.4%

322,674

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

15,603,251

-6.0%

16,598,997

-5.9%

17,638,503

Financial assets

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Associates at equity

Net

0

0%

0

0%

0

Gross

CS

0

0%

0

0%

0

Amortisation

CT

0

0%

0

0%

0

Other participations

Net

0

0%

0

0%

0

Gross

CU

0

0%

0

0%

0

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

0

0%

0

0%

0

Gross

BF

0

0%

0

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

21,324

2.4%

20,824

-10.9%

23,370

Gross

BH

21,324

2.4%

20,824

-10.9%

23,370

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

21,324

2.4%

20,824

-10.9%

23,370

Current Assets (III)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total Current Assets

Net

22,291,451

20.5%

18,501,489

-10.5%

20,666,697

Gross

CJ

23,488,838

18.2%

19,868,417

-25.1%

26,517,938

Amortisation

CK

1,197,387

-12.4%

1,366,928

-76.6%

5,851,241

Stocks

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Raw materials

Net

679,802

-13.9%

789,358

-47.7%

1,509,727

Gross

BL

747,180

-9.1%

822,383

-47.9%

1,578,157

Amortisation

BM

67,378

104.0%

33,024

-51.7%

68,429

Work in progress (goods)

Net

765,635

13.4%

674,887

-5.2%

712,120

Gross

BN

765,635

13.4%

674,887

-8.9%

740,846

Amortisation

BO

0

0%

0

0%

28,726

Work in progress (services)

Net

0

0%

0

0%

0

Gross

BP

0

0%

0

0%

0

Amortisation

BQ

0

0%

0

0%

0

Semi-finished and finished products

Net

2,709,173

-7.6%

2,932,108

28.0%

2,290,646

Gross

BR

2,846,359

-14.2%

3,317,549

20.9%

2,744,883

Amortisation

BS

137,186

-64.4%

385,441

-15.1%

454,236

Goods for resale

Net

590,812

130.8%

256,036

-49.7%

508,865

Gross

BT

754,403

132.2%

324,866

-44.8%

588,764

Amortisation

BU

163,591

137.7%

68,830

-13.9%

79,899

Sub Total Stocks

Net

4,745,422

2.0%

4,652,389

-7.3%

5,021,358

Advance payments to suppliers

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Advance payments to suppliers

Net

12,905

-76.6%

55,236

-2.9%

56,868

Gross

BV

12,905

-76.6%

55,236

-2.9%

56,868

Amortisation

BW

0

0%

0

0%

0

Debtors

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Trade accounts receivable

Net

13,706,890

31.0%

10,461,932

3.7%

10,088,193

Gross

BX

13,974,482

29.6%

10,786,754

3.7%

10,397,030

Amortisation

BY

267,591

-17.6%

324,822

5.2%

308,837

Other debtors

Net

3,764,707

14.6%

3,284,799

-39.2%

5,404,639

Gross

BZ

4,326,346

12.7%

3,839,608

-62.8%

10,315,753

Amortisation

CA

561,639

1.2%

554,809

-88.7%

4,911,114

Capital subscribed and called up

Net

0

0%

0

0%

0

Gross

CB

0

0%

0

0%

0

Amortisation

CC

0

0%

0

0%

0

Sub Total debtors

Net

17,471,597

27.1%

13,746,731

-11.3%

15,492,832

Divers

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Investment securities

Net

0

0%

0

0%

0

Gross

CD

0

0%

0

0%

0

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

464

-96.5%

13,447

-77.5%

59,797

Gross

CF

464

-96.5%

13,447

-77.5%

59,797

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

464

-96.5%

13,447

-77.5%

59,797

Prepaid expenses

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Prepaid expenses

Net

61,060

81.3%

33,683

-6.0%

35,840

Gross

CH

61,060

81.3%

33,683

-6.0%

35,840

Amortisation

CI

0

0%

0

0%

0

Equalization accounts (IV to VI)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Expenses of loan issue to be spread

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

506

-74.6%

1,996

-5.6%

2,115

Gross

506

-74.6%

1,996

-5.6%

2,115

References

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

Accounts - Passive

Grand Total - Passive Accounts (I to V)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Grand Total (I to V)

EE

39,166,271

5.5%

37,118,048

-11.1%

41,767,189

Shareholder Equity (I)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total shareholders' equity (Total I)

DL

18,063,702

14.2%

15,814,957

22.3%

12,929,963

Equity and shareholders' equity

DA

29,987,845

0%

29,987,845

0%

29,987,845

Issue and merger premiums

DB

0

0%

0

0%

0

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

218,229

0%

218,229

0%

218,229

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

0

0%

0

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

3,229,473

0%

3,229,473

0%

3,229,473

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

-20,390,495

13.8%

-23,658,647

-14.7%

-20,621,413

Profit or loss for the period

DI

2,170,008

-33.6%

3,268,151

207.6%

-3,037,233

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

2,848,640

2.8%

2,769,904

-12.2%

3,153,061

Other capital resources (II)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total other capital resources (Total II)

DO

0

0%

0

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

0

0%

0

0%

0

Provisions for risks and charges (III)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total provisions for risks and charges (Total III)

DR

5,534,258

39.5%

3,965,860

-0.4%

3,982,823

Risk provisions

DP

506

-74.6%

1,996

-5.6%

2,115

Reserves for charges

DQ

5,533,752

39.6%

3,963,864

-0.4%

3,980,707

Liabilities (IV)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total Liabilities (Total IV)

EC

15,564,924

-10.2%

17,337,231

-30.2%

24,835,457

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

6,547

133.1%

2,809

-93.5%

43,163

Sundry loans and financial liabilities

DV

1,644,439

-73.6%

6,221,616

-42.4%

10,801,891

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

0

0%

0

0%

0

Trade accounts payables

DX

7,674,800

61.4%

4,753,810

-14.4%

5,552,125

Tax and social security liabilities

DY

6,057,205

8.5%

5,583,643

-21.1%

7,079,688

Fixed asset liabilities

DZ

62,066

-87.6%

499,645

-56.7%

1,155,104

Other debts

EA

119,863

-56.5%

275,705

35.5%

203,483

Translation loss (V)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Translation loss (Total V)

ED

3,386

0%

0

0%

18,951

Equalization accounts

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Deferred income

EB

0

0%

0

0%

0

References

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

0

0%

0

0%

0

Of which current bank facilities

EH

0

0%

0

0%

0

Result account

1 - Operating result (I-II)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Operating result (Total I-II)

GG

2,451,854

-28.2%

3,416,203

68.6%

2,025,904

2 - Financial result (V-VI)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Financial result (Total V-VI)

GV

-193,840

42.9%

-339,695

62.7%

-910,046

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

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

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

GW

2,258,014

-26.6%

3,076,508

175.7%

1,115,859

4 - Extraordinary result (VII-VIII)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Extraordinary result (Total VII-VIII)

HI

-96,695

-191.9%

105,176

102.4%

-4,326,084

Profit or loss

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Profit or loss

HN

2,170,008

-33.6%

3,268,151

207.6%

-3,037,233

Total Income (I+III+V+VII)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

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

HL

64,584,736

-2.5%

66,255,570

6.8%

62,038,447

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

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

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

HM

62,414,726

-0.9%

62,987,420

-3.2%

65,075,685

Operating income (I)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total operating income (Total I)

FR

64,026,481

6.5%

60,093,656

-1.5%

61,031,428

Operating income (details)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sale of goods for resale

FC

2,174,515

85.5%

1,171,987

-25.5%

1,572,657

France

FA

1,328,017

175.5%

481,957

-50.2%

966,947

Export

FB

846,498

22.7%

690,029

13.9%

605,710

Sale of goods produced

FF

60,215,840

6.4%

56,590,518

0.3%

56,420,022

France

FD

13,948,960

3.8%

13,443,550

-2.4%

13,771,883

Export

FE

46,266,880

7.2%

43,146,967

1.2%

42,648,139

Sale of services

FI

8,800

0%

0

0%

0

France

FG

8,800

0%

0

0%

0

Export

FH

0

0%

0

0%

0

Net turnover

FL

62,399,155

8.0%

57,762,505

-0.4%

57,992,679

France

FJ

15,285,777

9.8%

13,925,508

-5.5%

14,738,830

Export

FK

47,113,378

7.5%

43,836,997

1.3%

43,253,849

Stocked production

FM

90,747

237.6%

-65,958

-128.1%

234,640

Self-constructed assets

FN

1,809

0%

0

0%

2,956

Operating grants

FO

9,950

246.7%

2,870

187.0%

1,000

Release of reserves and provisions

FP

1,524,800

-36.3%

2,392,676

-14.5%

2,800,065

Other income

FQ

20

-98.7%

1,562

1737.6%

85

Operating charges (II)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total operating charges (Total II)

GF

61,574,627

8.6%

56,677,452

-3.9%

59,005,524

Exploitation charges

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Purchase of goods for resale

FS

3,297,927

-1.7%

3,356,658

43.7%

2,335,237

Change in stocks of goods for resale

FT

41,653

-45.9%

76,988

-78.6%

358,920

Purchase of raw materials

FU

9,975,190

-3.9%

10,377,861

0.7%

10,308,103

Change in stocks of raw materials

FV

75,202

-74.4%

293,612

-62.6%

784,327

Other external purchases and charges

FW

17,099,844

24.3%

13,755,357

-9.0%

15,114,399

Tax, duty and similar payments

FX

1,701,678

15.6%

1,472,145

-21.1%

1,866,424

Payroll

FY

16,025,112

4.5%

15,339,028

-7.7%

16,614,689

Social security costs

FZ

6,502,636

7.2%

6,067,237

-3.5%

6,284,068

Depreciation

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Depreciation of fixed assets

GA

3,173,118

-4.2%

3,310,838

5.5%

3,136,769

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

62,038

-36.6%

97,888

-36.7%

154,563

Provisions for risks and charges

GD

2,155,139

182.8%

762,102

132.3%

328,000

Other charges

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Other charges

GE

1,465,090

-17.1%

1,767,735

2.8%

1,720,025

Operating charges (III-IV)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

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

GH

0

0%

0

0%

0

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

GI

0

0%

0

0%

0

Financial income (V)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total financial income (Total V)

GP

47,681

-72.7%

174,424

84.1%

94,729

Share financial income

GJ

3,713

-25.1%

4,958

19.3%

4,157

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

2

0%

0

0%

692

Released provisions and transferred charges

GM

13,435

88.6%

7,122

214.0%

2,268

Exchange gains

GN

30,531

-81.2%

162,342

85.3%

87,611

Net income from disposal of investment securities

GO

0

0%

0

0%

0

Financial charge (VI)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total financial charge (Total VI)

GU

241,521

-53.0%

514,119

-48.8%

1,004,774

Financial reserves and provisions

GQ

11,945

70.6%

7,003

231.1%

2,115

Interest and similar charges

GR

160,087

-56.3%

366,156

-62.1%

965,088

Exchange losses

GS

69,489

-50.7%

140,960

275.2%

37,571

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

Extraordinary income (VII)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total extraordinary income (Total VII)

HD

510,574

-91.5%

5,987,490

556.3%

912,289

Extraordinary operating income

HA

0

0%

0

0%

30,387

Extraordinary income from capital transactions

HB

31,736

386.3%

6,526

-86.2%

47,429

Released provisions and transferred charges

HC

478,838

-92.0%

5,980,964

616.7%

834,471

Extraordinary charges (VIII)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total extraordinary charges (Total VIII)

HH

607,269

-89.7%

5,882,314

12.3%

5,238,373

Extraordinary operating charges

HE

29

-96.5%

818

0%

0

Extraordinary charges from capital transactions

HF

40,839

-99.2%

4,939,021

0%

0

Extraordinary reserves and provisions

HG

566,401

-39.9%

942,474

-82.0%

5,238,373

Employee profit sharing (IX)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

26,231

Tax on profits (X)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Tax on profits (Total X)

HK

-8,691

89.9%

-86,467

56.6%

-199,217

References

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Of which equipment leases

HP

0

0%

0

0%

0

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

0

0%

0

0%

0

Of which trader's own contributions

A2

0

0%

0

0%

0

Of which royalties on licences and patents (income)

A3

0

0%

0

0%

0

Of which royalties on licences and patents (charges)

A4

0

0%

0

0%

0

Other incomes tax return forms

Fixed Assets

Grand Total Fixed Assets (I to IV)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Gross value at begin of period

OG

0

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

0

0%

0

0%

0

Decreasess by budget item transfer

OK1

0

0%

0

0%

0

Decreasess by transfers

OK2

0

0%

0

0%

0

Gross value at the end of period

OL

0

0%

0

0%

0

Research and development Charge (Total I)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Gross value at begin of period

CZ

0

0%

0

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

0

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

0

0%

0

0%

0

Other budget item from Intangible fixed assets (Total II)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Gross value at begin of period

KD

0

0%

0

0%

0

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

0

0%

0

0%

0

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

0

0%

0

0%

0

Tangible fixed assets (Total III)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Gross value at begin of period

LN

0

0%

0

0%

0

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

0

0%

0

0%

0

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

0

0%

0

0%

0

Gross value at the end of period

NH

0

0%

0

0%

0

Financial assets (Total IV)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Gross value at begin of period

LQ

0

0%

0

0%

0

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

0

0%

0

0%

0

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

0

0%

0

0%

0

Gross value at the end of period

NK

0

0%

0

0%

0

Reserve for depreciation

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

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Reserve for depreciation value at begin of period

ON

0

0%

0

0%

0

Increases

OP

0

0%

0

0%

0

Decreasess

OQ

0

0%

0

0%

0

Reserve for depreciation value at the end of period

OR

0

0%

0

0%

0

Research and development charge (Total I)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Reserve for depreciation value at begin of period

CY

0

0%

0

0%

0

Increases

PB

0

0%

0

0%

0

Decreasess

PC

0

0%

0

0%

0

Decreasess by budget item transfer

PD

0

0%

0

0%

0

Other intangible assets (Total II)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Reserve for depreciation value at begin of period

PE

0

0%

0

0%

0

Increases

PF

0

0%

0

0%

0

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

0

0%

0

0%

0

Total fixed assets amotisation (Total III)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Reserve for depreciation value at begin of period

QU

0

0%

0

0%

0

Increases

QV

0

0%

0

0%

0

Decreases

QW

0

0%

0

0%

0

Decreasess by budget item transfer

QX

0

0%

0

0%

0

Movements during period affecting charge allocated over several period

Deferred charges and debt issuance costs

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Gross value at begin of period

Z91

0

0%

0

0%

0

Increases

Z92

0

0%

0

0%

0

Depreciation of fixed assets during period

Z9

0

0%

0

0%

0

Decreasess by budget item transfer

B1

0

0%

0

0%

0

Premium refund of obligations

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Net value at begin of period

SP1

0

0%

0

0%

0

Increases

SP2

0

0%

0

0%

0

Depreciation of fixed assets during period

SP

0

0%

0

0%

0

Net value at the end of period

SR

0

0%

0

0%

0

Provisions included in balance sheet

Grand Total (I-II-III)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Value at begining of period

7C

0

0%

0

0%

0

Increases

UB

0

0%

0

0%

0

Decreases

UC

0

0%

0

0%

0

Value at the end of period

UD

0

0%

0

0%

0

Includes Total allocations

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Operating

UE

0

0%

0

0%

0

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

0

0%

0

0%

0

Includes Total Withdrawal

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Operating

UF

0

0%

0

0%

0

Financial

UH

0

0%

0

0%

0

Exceptional

UK

0

0%

0

0%

0

Total regulated provisions (Total I)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

Total risk and charge provisions (Total II)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Value at begining of period

5Z

0

0%

0

0%

0

Increases

TV

0

0%

0

0%

0

Decreases

TW

0

0%

0

0%

0

Value at the end of period

TX

0

0%

0

0%

0

Total Provision for depreciation (Total III)

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Value at begining of period

7B

0

0%

0

0%

0

Increases

TY

0

0%

0

0%

0

Decreases

TZ

0

0%

0

0%

0

Value at the end of period

UA

0

0%

0

0%

0

State deadlines claims and debts at the end of period

State claims

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Gross value

VT

0

0%

0

0%

0

1 year at most

VU

0

0%

0

0%

0

More than one year

VV

0

0%

0

0%

0

State of loans

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Claims related to holdings (gross)

UL

0

0%

0

0%

0

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

0

0%

0

0%

0

Loans (1 year at most)

UR

0

0%

0

0%

0

Other financial assets (gross)

UT

0

0%

0

0%

0

Other financial assets (1 year at most)

UV

0

0%

0

0%

0

Receivables statement of assets

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Customers doubtful or disputed

VA

0

0%

0

0%

0

Other claims customer

UX

0

0%

0

0%

0

Receivables represent Loaned Securities

UU

0

0%

0

0%

0

Provision for depreciation previously established

UQ

0

0%

0

0%

0

Personnel and associated accounts

UY

0

0%

0

0%

0

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

0

0%

0

0%

0

Other taxes and payments assimilated

VN

0

0%

0

0%

0

State and other public - Miscellaneous

VP

0

0%

0

0%

0

Group and Associates

VC

0

0%

0

0%

0

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

VR

0

0%

0

0%

0

Prepaid

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Prepaid

VS

0

0%

0

0%

0

State Debt

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Total debt (gross)

VY

0

0%

0

0%

0

1 year at most

VZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

VZ3

0

0%

0

0%

0

More than 5 years

VZ4

0

0%

0

0%

0

Details

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Convertible bonds (gross)

7Y1

0

0%

0

0%

0

1 year at most

7Y2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

0

Other bonds (gross)

7Z1

0

0%

0

0%

0

1 year at most

7Z2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Z3

0

0%

0

0%

0

Borrowing & debts to 1 year maximum at the origin (gross)

VG1

0

0%

0

0%

0

1 year at most

VG2

0

0%

0

0%

0

More than 1 year and 5 years at most

VG3

0

0%

0

0%

0

Borrowing & debts to more than 1 year at the origin (gross)

VH1

0

0%

0

0%

0

1 year at most

VH2

0

0%

0

0%

0

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

0

0%

0

0%

0

1 year at most

8A2

0

0%

0

0%

0

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

0

0%

0

0%

0

1 year at most

8B2

0

0%

0

0%

0

More than 1 year and 5 years at most

8B3

0

0%

0

0%

0

Personnel and associated accounts (gross)

8C1

0

0%

0

0%

0

1 year at most

8C2

0

0%

0

0%

0

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

0

0%

0

0%

0

1 year at most

8D2

0

0%

0

0%

0

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

0

0%

0

1 year at most

8E2

0

0%

0

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

0

0%

0

0%

0

1 year at most

VW2

0

0%

0

0%

0

More than 1 year and 5 years at most

VW3

0

0%

0

0%

0

Backed Obligations (gross)

VX1

0

0%

0

0%

0

1 year at most

VX2

0

0%

0

0%

0

More than 1 year and 5 years at most

VX3

0

0%

0

0%

0

Other taxes and assimilated (gross)

VQ1

0

0%

0

0%

0

1 year at most

VQ2

0

0%

0

0%

0

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

0

0%

0

1 year at most

8J2

0

0%

0

0%

0

More than 1 year and 5 years at most

8J3

0

0%

0

0%

0

More than 5 years

8J4

0

0%

0

0%

0

Groups and associates (gross)

VI1

0

0%

0

0%

0

1 year at most

VI2

0

0%

0

0%

0

More than 1 year and 5 years at most

VI3

0

0%

0

0%

0

More than 5 years

V14

0

0%

0

0%

0

Other liabilities (gross)

8K1

0

0%

0

0%

0

1 year at most

8K2

0

0%

0

0%

0

More than 1 year and 5 years at most

8K3

0

0%

0

0%

0

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

0

1 year at most

8L2

0

0%

0

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

References

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Loans made during the period

VJ

0

0%

0

0%

0

Debt repaid during the period

VK

0

0%

0

0%

0

Table allocation results and other information

Dividends distributed

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Dividends

ZE

0

0%

0

0%

0

Commitments

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Commitments leasing furniture

YQ

0

0%

0

0%

0

Commitments Real Estate Leasing

YR

0

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

Other charges Externes

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Subcontracting

YT

0

0%

0

0%

0

Rentals, rental charges and condominiums

XQ

0

0%

0

0%

0

Staff outside the company

YU

0

0%

0

0%

0

Remuneration intermediaries and fees (excluding fees)

SS

0

0%

0

0%

0

Fees, commissions and brokerage

YV

0

0%

0

0%

0

Other accounts

ST

0

0%

0

0%

0

Total Other purchases and external

ZJ

0

0%

0

0%

0

Taxes and Fees

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Business tax

YW

0

0%

0

0%

0

Other taxes and payments assimilated

9Z

0

0%

0

0%

0

Total taxes and fees

YX

0

0%

0

0%

0

VAT

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Amount VAT collected

YY

0

0%

0

0%

0

Total VAT on goods and services

YZ

0

0%

0

0%

0

Average number of employees

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Average number of employees

YP

340

-8.6%

372

-1.3%

377

Groups and Shareholders

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Groups and Shareholders

ZR

0

-

-

-

-

Ratios

Synthetic financial performance indicators

31/12/2016

31/12/2015

31/12/2014

Score

Situation

Score

Situation

Score

Situation

Hide AFDCC 2

-

-

-

-

-

-

Description

The AFDCC 2 score uses sectors of activity and company sizes for companies with a turnover of 150 000 to 75 million euros. This calculation allows a classification of the companies in three levels:

-

Healthy: the higher the score value is, the more the company is healthy.

-

Undetermined: it’s impossible to determine the situation.

-

Fragility/Failure: the lower the score value is, the more the company is in danger.

The status are completed which “+/-“ signs.

Hide Conan & Holder

0.18

0%

0.17

0%

0.05

50%

Description

The Conan and Holder (1979) is a recommended method for industrial companies with a turnover of 150 000 to 75 million euros. It is based only on a balance sheet. This calculation allows a classification of the most perilous situation (Score lower than 0.002) to the healthiest situation (score greater than 0.16):

-

Healthy situation: companies which maintain or develop their activity level.

-

Situation to monitor: companies which has to follow remedial measures or find a new strategy.

-

Perilous situation: companies which could have important cash difficulties and have a failure risk.

Hide Altman

-

-

-

-

-

-

Description

The Altman score is a method based only on a complete balance sheet, this calculation allows a classification of the companies in three levels:

-

Good shape: companies which have a low risk (with a score value higher than 2.99).

-

Warning signs: companies which should be approached with caution and with a high risk in the next two years for bankruptcy (with a score value between 2.99 and 1.81).

-

Bankruptcy: companies which are in immediate risk (with a score value lower than 1.81).

Structure and Liquidity

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Fixed Asset Financing

1.13

1.8%

1.11

0.9%

1.10

1.46

-22.6%

Global Debt

90 days

-16.7%

108 days

-29.9%

154 days

101 days

-10.9%

Working Capital Fund overall net

48 days

4.3%

46 days

12.2%

41 days

102 days

-52.9%

Financial independence

1,094.12 %

330.6%

254.08 %

113.1%

119.22 %

720.95 %

51.8%

Solvability

46.12 %

8.2%

42.61 %

37.6%

30.96 %

52.14 %

-11.5%

Capacity debt futures

-

-

-

-

-

2,610.30 %

-

Coverage of current assets by net working capital overall

35.75 %

-4.1%

37.26 %

48.2%

25.15 %

51.18 %

-30.1%

General Liquidity

-

-

-

-

-

0.94

-

Restricted Liquidity

-

-

-

-

-

1.47

-

Management or rotation

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Need background in operating working capital

27 days

-10.0%

30 days

87.5%

16 days

51 days

-47.1%

Treasury

0 days

0%

0 days

0%

0 days

16 days

0%

Inventory turnover of goods

81 days

138.2%

34 days

-57.0%

79 days

26 days

211.5%

Average length of credit granted to customers

81 days

20.9%

67 days

3.1%

65 days

70 days

15.7%

Average length of credit obtained suppliers

91 days

49.2%

61 days

-11.6%

69 days

67 days

35.8%

Inventory turnover of raw materials in industrial enterprises

25 days

-7.4%

27 days

-48.1%

52 days

78 days

-67.9%

Inventory turnover of intermediate and finished products in the industrial enterprise

-

-

-

-

-

187 days

-

Rotation tangible assets

-

-

-

-

-

194.26 %

-

Profitability of the business

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Margin trading

-1.87 %

52.3%

-3.92 %

-103.1%

-1.93 %

0.00 %

0%

Profitability of the business

12.47 %

3.5%

12.05 %

53.1%

7.87 %

6.55 %

90.4%

Net profit

3.48 %

-38.5%

5.66 %

208.0%

-5.24 %

3.51 %

-0.9%

Growth rate of turnover (excluding VAT)

8.03 %

2107.5%

-0.40 %

0%

0.00 %

-0.12 %

6791.7%

Rates integration

51.29 %

-0.7%

51.65 %

2.1%

50.57 %

39.94 %

28.4%

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Work Factor

70.40 %

-1.9%

71.75 %

-8.1%

78.07 %

78.87 %

-10.7%

Weight interests

0.39 %

-56.2%

0.89 %

-48.6%

1.73 %

0.27 %

44.4%

Return on capital

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Cash flow from the overall profitability

9.50 %

-56.0%

21.57 %

136.3%

9.13 %

5.89 %

61.3%

Rates of economic profitability

39.00 %

21.9%

32.00 %

68.4%

19.00 %

13.50 %

188.9%

Financial profitability

18,063,701.00 %

14.2%

15,814,957.00 %

22.3%

12,929,963.00 %

1,484,493.00 %

1116.8%

Return on investment

12.23 %

-28.7%

17.16 %

300.7%

-8.55 %

8.60 %

42.2%

Management intermediate balances

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Turnover

62,399,155

8.0%

57,762,505

-0.4%

57,992,679

4,329,546

1341.2%

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Sales of goods

2,174,515

85.5%

1,171,987

-25.5%

1,572,657

-

- Purchase of goods

3,297,927

-1.7%

3,356,658

43.7%

2,335,237

-

+/- Stock of goods variation

41,653

-45.9%

76,988

-78.6%

358,920

-

Trading margin

-1,165,065 €

48.5%

-2,261,659 €

-101.7%

-1,121,500 €

0 €

0%

-1.87 % CA

52.3%

-3.92 % CA

-103.1%

-1.93 % CA

0.00 % CA

0%

 

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Sale of goods produced

60,224,640

6.4%

56,590,518

0.3%

56,420,022

-

+/- Stocked production

90,747

237.6%

-65,958

-128.1%

234,640

-

+ Self-constructed assets

1,809

0%

0

0%

2,956

-

Period production

60,317,196 €

6.7%

56,524,560 €

-0.2%

56,657,618 €

3,778,211 €

1496.4%

96.66 % CA

-1.2%

97.86 % CA

0.2%

97.70 % CA

99.17 % CA

-2.5%

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Trading margin

-1,165,065

48.5%

-2,261,659

-101.7%

-1,121,500

0

0%

+ Period Production

60,317,196

6.7%

56,524,560

-0.2%

56,657,618

3,778,211

1496.4%

- Purchase of raw materials

9,975,190

-3.9%

10,377,861

0.7%

10,308,103

-

+/- Change in stocks of raw materiels

75,202

-74.4%

293,612

-62.6%

784,327

-

- Other external purchases and charges

17,099,844

24.3%

13,755,357

-9.0%

15,114,399

-

Added value

32,001,895 €

7.3%

29,836,071 €

1.7%

29,329,289 €

2,032,885 €

1474.2%

51.29 % CA

-0.7%

51.65 % CA

2.1%

50.57 % CA

39.94 % CA

28.4%

 

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Added value

32,001,895 €

7.3%

29,836,071 €

1.7%

29,329,289 €

2,032,885 €

1474.2%

+ Operating grants

9,950

246.7%

2,870

187.0%

1,000

-

- Tax, duty and similar payments

1,701,678

15.6%

1,472,145

-21.1%

1,866,424

-

- Personal charges

22,527,748

5.2%

21,406,265

-6.5%

22,898,757

-

Gross operating surplus

7,782,419 €

11.8%

6,960,531 €

52.5%

4,565,108 €

180,863 €

4202.9%

12.47 % CA

3.5%

12.05 % CA

53.1%

7.87 % CA

6.55 % CA

90.4%

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Gross operating surplus

7,782,419 €

11.8%

6,960,531 €

52.5%

4,565,108 €

180,863 €

4202.9%

+ Release of reserves and provisions

1,524,800

-36.3%

2,392,676

-14.5%

2,800,065

-

+ Other operating income

20

-98.7%

1,562

1737.6%

85

-

- Depreciation/ Amortisation

5,390,295

29.2%

4,170,828

15.2%

3,619,332

-

- Other charges

1,465,090

-17.1%

1,767,735

2.8%

1,720,025

-

Operating result

2,451,854 €

-28.2%

3,416,206 €

68.6%

2,025,901 €

106,855 €

2194.6%

3.93 % CA

-33.5%

5.91 % CA

69.3%

3.49 % CA

4.40 % CA

-10.7%

 

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Operating result

2,451,854 €

-28.2%

3,416,206 €

68.6%

2,025,901 €

106,855 €

2194.6%

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

0

0%

0

0%

0

-

+ Financial income

47,681

-72.7%

174,424

84.1%

94,729

-

- Financial charges

241,521

-53.0%

514,119

-48.8%

1,004,774

-

Pre-tax result

2,258,014 €

-26.6%

3,076,511 €

175.7%

1,115,856 €

85,543 €

2539.6%

3.62 % CA

-32.1%

5.33 % CA

177.6%

1.92 % CA

3.58 % CA

1.1%

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Extraordinary income

510,574

-91.5%

5,987,490

556.3%

912,289

14,360

3455.7%

- Extraordinary charges

607,269

-89.7%

5,882,314

12.3%

5,238,373

-

Extraordinary result

-96,695 €

-191.9%

105,176 €

102.4%

-4,326,084 €

0 €

0%

-0.15 % CA

-183.3%

0.18 % CA

102.4%

-7.46 % CA

0.00 % CA

0%

 

31/12/2016

Variation

31/12/2015

Variation

31/12/2014

Sector Median 2016

Pre-tax result

2,258,014 €

-26.6%

3,076,511 €

175.7%

1,115,856 €

85,543 €

2539.6%

Extraordinary result

-96,695 €

-191.9%

105,176 €

102.4%

-4,326,084 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

26,231

-

- Tax on profits

-8,691

89.9%

-86,467

56.6%

-199,217

-

Net result

2,170,010 €

-33.6%

3,268,154 €

207.6%

-3,037,242 €

91,377 €

2274.8%

3.48 % CA

-38.5%

5.66 % CA

208.0%

-5.24 % CA

3.51 % CA

-0.9%

 

Key Performance Indicators

Find below a comparison of the company based on the industry code (primary) with other companies from the same industry. The following analysis has been based on the industry code 2815Z - Manufacture of bearings, gears, gearing and driving elements.

Graphical analysis

 

31/12/2016

31/12/2015

31/12/2014

Company Result

62,399,155 €

57,762,505 €

57,992,679 €

Sector Average

35,104,781 €

30,019,188 €

28,500,180 €

 

 

31/12/2016

31/12/2015

31/12/2014

Company Result

2,170,008 €

3,268,151 €

-3,037,233 €

Sector Average

-210,632 €

352,801 €

-476,632 €

 

 

31/12/2016

31/12/2015

31/12/2014

Company Result

47,113,378 €

43,836,997 €

43,253,849 €

Sector Average

14,782,867 €

12,828,796 €

12,101,078 €

 

 

31/12/2016

31/12/2015

31/12/2014

Company Result

39,166,271 €

37,118,048 €

41,767,189 €

Sector Average

23,738,361 €

20,159,507 €

18,169,874 €

 

 

31/12/2016

31/12/2015

31/12/2014

Company Result

18,063,702 €

15,814,957 €

12,929,963 €

Sector Average

9,706,503 €

8,782,037 €

6,661,983 €

 

 

31/12/2016

31/12/2015

31/12/2014

Company Result

15,564,924 €

17,337,231 €

24,835,457 €

Sector Average

12,092,963 €

9,926,913 €

10,371,030 €

 

 

31/12/2016

31/12/2015

31/12/2014

Company Result

27 €

30 €

16 €

Sector Average

57 €

53 €

24 €

 

 

31/12/2016

31/12/2015

31/12/2014

Company Result

7,782,419 €

6,960,531 €

4,565,108 €

Sector Average

1,756,753 €

1,454,913 €

1,505,316 €

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 65.22

UK Pound

1

INR 89.71

Euro

1

INR 79.50

EURO

1

INR 80.13

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

VAR

 

 

Report Prepared by :

SDA

 

 

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.