MIRA INFORM REPORT

 

 

Report No. :

495459

Report Date :

12.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

PROEF ENGENHARIA LDA

 

 

Registered Office :

Rua Do Poente, Nº 166, 4785-509-Trofa, Trofa, Porto

 

 

Country :

Portugal

 

 

Financials (as on) :

2016

 

 

Date of Incorporation :

31.03.2010

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

·         Construction of the transmission and distribution of electricity and telecommunications networks

·         Buying and selling of real estate

·         Rental of real estate

 

 

No. of Employees :

5 [2016]

 

 

RATING & COMMENTS

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

 

MIRA’s Rating :

B

 

Credit Rating

 

Explanation

Rating Comments

B

Medium Risk

Business dealings permissible on a regular monitoring basis

 

Status :

Moderate

 

 

Payment Behaviour :

Unknown

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Portugal

B1

B1

 

Risk Category

 

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 

 

PORTUGAL - ECONOMIC OVERVIEW

 

Portugal has become a diversified and increasingly service-based economy since joining the European Community - the EU's predecessor - in 1986. Over the following two decades, successive governments privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. The country joined the Economic and Monetary Union in 1999 and began circulating the euro on 1 January 2002 along with 11 other EU members.

 

The economy grew by more than the EU average for much of the 1990s, but the rate of growth slowed in 2001-08. After the global financial crisis in 2008, Portugal’s economy contracted in 2009 and fell into recession from 2011 to 2013, as the government implemented spending cuts and tax increases to comply with conditions of an EU-IMF financial rescue package, signed in May 2011. Portugal successfully exited its EU-IMF program in May 2014, and its economic recovery gained traction in 2015 because of strong exports and a rebound in private consumption. GDP growth accelerated in 2016, and probably reached 2.5 % in 2017. Unemployment remained high, at 9.7% in 2017, but has improved steadily since peaking at 18% in 2013.

 

The center-left minority Socialist government has unwound some unpopular austerity measures while managing to remain within most EU fiscal targets. The budget deficit fell from 11.2% of GDP in 2010 to 1.8% in 2017, the country’s lowest since democracy was restored in 1974, and surpassing the EU and IMF projections of 3%. Portugal exited the EU’s excessive deficit procedure in mid-2017.

 

Source : CIA

 

 

Company name

 

PROEF ENGENHARIA LDA

 

 

Financial highlights

 

 

2014

 

2015

2016

Net Sales

 

 

 

Net Income for the Year

4.595.460,92

2.259.538,89

(1.309.649,39)

Shareholders

8.797.608,93

5.150.599,84

4.121.028,32

Liability

4.352.349,74

4.539.025,35

4.693.482,40

Assets

13.149.958,67

9.689.625,19

8.814.510,72

 

 

Summary

 

Legal Form

Private Limited Company

Constitution

31-03-2010

V.A.T. Number / NIF

509384277

Employees

5

Capital

5.000,00

Shareholders Funds in: 31-12-2016

4.121.028,32

Actual Condition

In activity

Import/Export

Sim / Não

 

TAX SITUATION

At present date, the company is not in Social Security debt list

 

INSOLVENCIES / REVITALIZATION PROCESSES

NO

 

 

IDENTIFICATION

 

Name

PROEF ENGENHARIA LDA

Trust Nº.

1292887

V.A.T. Number / NIF

509384277

Address

Rua Do Poente, Nº 166

Postal Code

4785-509-Trofa

Municipality

Trofa

District

Porto

Country

Portugal

Telephone

252400610

Fax

252400619

Web Site

www.proefgroup.com

CAE Main

42220- Construction of the transmission and distribution of electricity and telecommunications networks

CAE Secondary

68100- Buying and selling of real estate

CAE Secondary

68200- Rental of real estate

 

 

Management bodies

 

RUI PEDRO OLIVEIRA MARQUES

Manager

LUIS ALBERTO DA COSTA ANDRADE

Manager

 

 

Legal structure

 

Registed on the Register Record Office of Trofa with the Register Number 509384277 in 06-04-2010

Constitution celebrated in 31-03-2010 published on Portal MJ of 06-04-2010

To oblige the company it is necessary 2 signature

 

CHANGES TO SOCIETY

 

In 30-07-2017 on Portal MJ of 30-07-2017 annual financial statements

In 26-07-2016 on Portal MJ of 26-07-2016 annual financial statements

In 01-07-2016 on Portal MJ of 01-07-2016 appointment of board of directors

In 01-07-2016 on Portal MJ of 01-07-2016 resignation of board of directors

In 01-07-2016 on Portal MJ of 01-07-2016 social change

In 05-02-2016 on Portal MJ of 05-02-2016 total contract change

In 05-02-2016 on Portal MJ of 05-02-2016 board of director's change

In 20-07-2015 on Portal MJ of 20-07-2015 annual financial statements

In 18-07-2014 on Portal MJ of 18-07-2014 annual financial statements

In 06-02-2014 on Portal MJ of 06-02-2014 update of the Head Office Village

 

 

Capital

 

The capital is 5.000,00

 

With the following distribution

 

 

EURICO FERREIRA SA

4.750,00

95%

PROEF, SGPS SA

250,00

5%

 

 

Biographies

 

Name

RUI PEDRO OLIVEIRA MARQUES

Funtion

Manager

Address

Rua de Altino Coelho, nº 72, 3º dtº

Locality

4470-180 MAIA

Naturality

Sé-Porto

Civil State

Unmarried

Previous Connections

Foi socio gerente da firma "Pradecon - Construções Metalicas Lda"

Historical of Professional

Connections and Participations

The subject had links with the following company(ies):

 

 

BE REDY SOCIEDADE UNIPESSOAL LDA.

 

PROEF LOGISTICS, UNIPESSOAL LDA.

 

PROEF PARTNERS SA.

 

PROEF, SGPS SA.

 

WESTCABLE-ENGENHARIA E SERVICOS LDA.

 

GROUPFIX N-ENGENHARIA E SERVICOS SA como Vogal da Mesa da Assembleia.

 

PROEF, SGPS SA como Vogal da Mesa da Assembleia.

 

PROBIOMASS-BIOMASSA UNIPESSOAL LDA como Gerente.

 

PROEF ENGENHARIA LDA como Gerente.

 

STELLEP-PRODUCAO DE PELLETS SA como Vogal do Conselho de Administração.

Links to others companies

The subject has connections with the following company (ies)

 

EURICO FERREIRA SA as Board of Director's Member .

 

T. S. F.-METALURGICA DE PRECISAO LDA as Partner with a participation of 112.500,00 , in a capital of 750.000,00 .

 

PROEF, SGPS SA as Administrator .

 

PROEF-ENERGIAS RENOVAVEIS SA as Board of Director's Member .

 

PROEF IT SA as Board of Director's Member .

 

PROMPTLY SOFTWARE SOLUTIONS FOR HEALTH MEASURES LDA as Manager .

Name

LUIS ALBERTO DA COSTA ANDRADE

Funtion

Manager

Address

Rua da Torre Alta nº 385

Locality

4780-069 AREIAS STS

Civil State

Married

Historical of Professional

Connections and Participations

The subject had links with the following company(ies):

 

 

BE REDY SOCIEDADE UNIPESSOAL LDA.

 

PROEF PARTNERS SA.

 

PROEF, SGPS SA.

 

WESTCABLE-ENGENHARIA E SERVICOS LDA.

 

GROUPFIX-ENGENHARIA, TELECOMUNICACOES E MULTIMEDIA ACE como Administrador.

 

GROUPFIX N-ENGENHARIA E SERVICOS SA como Vogal do Conselho de Administração.

Links to others companies

The subject has connections with the following company (ies)

 

EURICO FERREIRA SA as Board of Director's Member .

 

PROEF, SGPS SA as Administrator .

 

PROEF WIN UNIPESSOAL LDA as Manager .

 

PROEF IT SA as Board of Director's Member .

 

PROMPTLY SOFTWARE SOLUTIONS FOR HEALTH MEASURES LDA as Manager .

 

 

SHAREHOLDERS / PARTNERS COMPANIES

 

Trust Nº.

191627

NAME

EURICO FERREIRA SA

Address

Rua do Poente, n.º 166

Locality

4785-509 TROFA

Country

PORTUGAL

Funtion

Partner

Telephone

252400610

Fax

252400619

E-Mail

geral@euricoferreira.pt

C.A.E.

71120- Engineering activities and related techniques

Trust Nº.

912599

NAME

PROEF, SGPS SA

Address

Rua do Poente, n.º 166

Locality

4785-509 TROFA

Country

PORTUGAL

Funtion

Partner

Telephone

252400610

Fax

252400619

C.A.E.

70100- Activities of head offices

 

 

Activities

 

Main CAE

42220- Construction of the transmission and distribution of electricity and telecommunications networks

Secundary CAE

68100- Buying and selling of real estate

Secundary CAE

68200- Rental of real estate

 

 

BUSINESS DESCRIPTION

 

Engineering and construction of electricity and telecommunication transmission and distribution networks, real estate investments, namely the purchase, sale, purchase for resale, urbanization, subdivision, promotion and administration of real estate and real estate projects and consultancy activities for the business and management.

 

 

GEOGRAPHIC DISTRIBUTION OF SALES

 

INTERNAL MARKET

INTERNATIONAL MARKET

 

YEAR

 

 

 

EU

 

EXTRA-EU

 

TOTAL

2016

0,00

-

0,00

-

0,00

-

0,00

2015

0,00

-

0,00

-

0,00

-

0,00

2014

0,00

-

0,00

-

0,00

-

0,00

2013

0,00

-

0,00

-

0,00

-

0,00

2012

0,00

-

0,00

-

0,00

-

0,00

 

 

GEOGRAPHIC DISTRIBUTION OF PURCHASES

 

INTERNAL MARKET

INTERNATIONAL MARKET

 

YEAR

 

 

EU

 

EXTRA-EU

 

TOTAL

2016

29.083,96

97,93%

0,00

0,00%

616,04

2,07%

29.700,00

2015

22.489,56

91,13%

484,68

1,96%

1.703,57

6,90%

24.677,81

2014

6.971,06

18,90%

216,40

0,59%

29.693,04

80,51%

36.880,50

2013

4.975,24

46,27%

5.203,45

48,39%

573,80

5,34%

10.752,49

2012

1.234,05

1,62%

0,00

0,00%

75.000,00

98,38%

76.234,05

 

 

Incidents

 

INSOLVENCIES / REVITALIZATION PROCESSES

NO

 

TAX SITUATION

On this date the subject is Not registered in the debtors list of the tax authorities

 

CONTRIBUTIVE SITUATION (SOCIAL SECURITY)

At present date, the company is not in Social Security debt list

 

There are no records of incidents on our database

 

Employees

 

YEAR

TOTAL

MEN

 

WOMEN

 

2016

5

4

80%

1

20%

2015

2

2

100%

0

0%

2014

1

1

100%

0

0%

2013

1

1

100%

0

0%

2012

0

0

0%

0

0%

 

 

HEAD OFFICE AND INSTALLATIONS

Has head office RUA DO POENTE, Nº 166, 4785-509, TROFA

 

 

PARTICIPATIONS

 

DIRECT PARTICIPATIONS

 

NAME

EURICO FERREIRA MOCAMBIQUE LDA

Trust Nº.

2283293

Country

MOÇAMBIQUE

Participation

90%

 

 

NAME

EURICO FERREIRA-SOUTH AFRICA LDA

Trust Nº.

2302288

Country

REPUBLICA DA AFRICA DO SUL

Participation

90,00%

 

 

NAME

PROENGINEERING HOLDING B.V

Trust Nº.

2304107

Country

HOLANDA

Participation

100,00%

 

 

FINANCIAL DEMONSTRATION SNC

 

BALANCE SHEET SNC

 

COINEUROS

 

 

 

YEAR:2016

 

2016

2015

2014

% VAR.2016/15

ASSET

 

 

 

 

NON-CURRENT ASSETS

 

 

 

 

Tangible fixed assets

-

-

-

-

Investment properties

-

-

-

-

Goodwill

-

17.561,82

17.561,82

-

Intangible assets

-

-

-

-

Biological assets

-

-

-

-

Financial participations - patrimonial equity method

-

4.975.706,51

11.065.878,00

-

Financial participations - other methods

-

-

-

-

Shareholders/partners

-

180.033,51

1.708.658,78

-

Other financial assets

-

943.010,32

256.321,93

-

Deferred tax assets

-

-

-

-

Financial investments(exclusive use by small entities and micro entities)

-

-

-

-

Total

 

6.116.312,16

13.048.420,53

 

 

 

 

 

 

CURRENT ASSETS

 

 

 

 

Inventories

-

-

-

-

Biological assets

-

-

-

-

Costumers

-

-

-

-

Advances to suppliers

-

-

-

-

State and other public entities

1.380,00

-

-

-

Shareholders/partners

-

-

-

-

Other accounts receivable

8.807.805,49

3.569.096,68

94.563,85

146,78%

Deferrals

-

-

-

-

Financial assets held for trading

-

-

-

-

Other financial assets

-

-

-

-

Non-current assets held for sale

-

-

-

-

Other current assets

-

-

-

-

Cashier and bank deposits

5.325,23

4.216,35

6.974,29

26,30%

Total

8.814.510,72

3.573.313,03

101.538,14

146,68%

TOTAL ASSET

8.814.510,72

9.689.625,19

13.149.958,67

(9,03)%

 

SHAREHOLDER FUNDS AND LIABILITIES

 

SHAREHOLDERS FUNDS

 

 

 

 

 

Capital

5.000,00

5.000,00

5.000,00

-

Own shares

-

-

-

-

Other shareholders funds instruments

-

-

-

-

Emission premiuns

-

-

-

-

Legal reserves

17.571,07

17.571,07

17.571,07

-

Other reserves

58.204,12

58.204,12

254.775,00

-

Net retained

4.116.180,50

-

(842.527,43)

-

Adjustments on financial assets

-

1.894.296,40

4.605.422,50

-

Revaluation surplus

-

-

-

-

Other shareholders funds changes

1.233.722,02

915.989,36

161.906,87

34,69%

Total

5.430.677,71

2.891.060,95

4.202.148,01

87,84%

Net income for the period

(1.309.649,39)

2.259.538,89

4.595.460,92

(157,96)%

Antecipated dividends

-

-

-

-

TOTAL OF SHAREHOLDERS FUNDS

4.121.028,32

5.150.599,84

8.797.608,93

(19,99)%

 

 

 

 

 

LIABILITY

 

 

 

 

 

 

 

 

 

NON-CURRENT LIIABILITIES

 

 

 

 

Provisions

1.424.636,02

841.244,47

-

69,35%

Financing obtained

-

-

-

-

Responsability for post-employment beneficts

-

-

-

-

Diferred taxes liabilities

-

-

-

-

Other payable accounts

-

-

-

-

Total

1.424.636,02

841.244,47

 

69,35%

 

 

 

 

 

CURRENT LIABILITIES

 

 

 

 

Suppliers

1.383,75

5.765,64

615,00

(76,00)%

Advances from costumers

-

-

-

-

State and other public entities

-

-

-

-

Shareholders/partners

-

2.544.921,98

-

-

Financing obtained

2.649.000,00

1.092.831,81

4.193.313,89

142,40%

Other payable accounts

618.462,63

54.261,45

158.420,85

1.039,78%

Deferrals

-

-

-

-

Financial liabilities held for trading

-

-

-

-

Other financial liabilities

-

-

-

-

Non-current liabilities held for sale

-

-

-

-

Other current liabilities

-

-

-

-

Total

3.268.846,38

3.697.780,88

4.352.349,74

(11,60)%

TOTAL LIABILITIES

4.693.482,40

4.539.025,35

4.352.349,74

3,40%

TOTAL SHAREHOLDERS FUNDS AND LIABILITIES

8.814.510,72

9.689.625,19

13.149.958,67

(9,03)%

 

 

Income statement

 

INCOME AND EXPENSES

 

 

 

 

Sales and services

-

-

-

-

Operating government grants

-

-

-

-

Gains/losses allocated subsidiaries, associates and joint ventures

(2.525.283,89)

809.295,71

4.778.213,21

(412,03)%

Variation in production inventories

-

-

-

-

Work for the entity itself

-

-

-

-

Cost of goods sold and materials consumed

-

-

-

-

Suppliers and external services

29.700,00

24.677,81

36.880,50

20,35%

Personnel costs

75.464,07

42.858,00

1.929,83

76,08%

Impairment of inventories (losses/revearsals)

-

-

-

-

Impairment of receivables (losses/revearsals)

-

-

-

-

Provisions (increases/reductions)

-

-

-

-

Impairment of investments not depreciable/amortizable (losses/reversals)

-

-

-

-

Other impairments (losses/reversals)/impairments (losses/reversals) (exclusive use by small entities and microentities)

-

-

-

-

Increases/decreases in fair value

-

-

-

-

Other income and gains

1.054.507,03

1.433.550,40

167,36

(26,44)%

Other expenses and losses

25.628,59

1.218,94

97,30

2.002,53%

Result before depreciation, financing costs and taxes

(1.601.569,52)

2.174.091,36

4.739.472,94

(173,67)%

Expenses/reversals of depreciation and amortization

731,75

-

-

-

Impairment of investments depreciable/amortizable (losses/reversals)

-

-

-

-

Operating result (before financing costs and taxes)

(1.602.301,27)

2.174.091,36

4.739.472,94

(173,70)%

Interest and similar income obtained

405.041,89

373.246,69

133.084,88

8,52%

interest and similar expenses incurred

59.480,47

282.306,32

331.667,76

(78,93)%

Net before taxes

(1.256.739,85)

2.265.031,73

4.540.890,06

(155,48)%

Income tax of the period

52.909,54

5.492,84

(54.570,86)

863,25%

Net profit for the period

(1.309.649,39)

2.259.538,89

4.595.460,92

(157,96)%

Results of discontinued operations (net of taxes) included in the net income of the period

-

-

-

-

 

Ratios snc

 

YEAR

 

2016

2015

2014

TURNOVER RATIOS

 

 

 

 

Shareholder's Funds Profitability (Net Income / Shareholders Funds) (%)

 

(31,78)

43,87

52,24

Return on Assets (Operating Result / Total Asset)(%)

 

(18,18)

22,44

36,04

EFFICIENCY RATIOS

 

 

 

 

Medium Term Payable (Suppliers / Purchases + Suppliers and external services)*365 (d)

17,01

85,28

6,09

PRODUCTIVITY RATIOS

 

 

 

 

Gross Added Value / Employee (#)

 

199.835,69

703.826,82

(36810,44)

Productivity (Gross Added Value / Personnel costs) (#)

 

13,24

32,84

(19,07)

SHORT TERM RATIOS

 

 

 

 

General Liquidity (Current Assets / Current Liabilities) (#)

 

2,70

0,97

0,02

Reduced Liquidity (Current Assets - Inventories / Current Liabilities) (#)

 

2,70

0,97

0,02

Immediate Liquidity (Cashier and bank deposits / Current Liabilities) (#)

 

0,00

0,00

0,00

MEDIUM LONG TERM RATIOS

 

 

 

 

Financial Autonomy (Shareholders Funds / Total Asset) (%)

 

46,75

53,16

66,90

Solvability(Shareholders Funds / Total Liabilities) (%)

 

87,80

113,47

202,13

Debt Structure (Current Liabilities / Total Liabilities) (%)

 

69,65

81,47

100,00

General Debt (Total Liabilities / Total Asset) (%)

 

53,25

46,84

33,10

Debt Capacity (Shareholders Funds / Shareholders Funds + Non Current Liabilities)(%)

74,31

85,96

 

Capital Structure (Shareholder's Funds / Non Current Liabilities) (%)

 

289,27

612,26

 

OPERATIONAL AND FINANCIAL RISK

 

 

 

 

Financial Leverage Level (FLL) (Gross Operating Profit / Operating Result) (#)

 

1,27

0,96

1,04

 

 

CASH FLOW STATEMENT

 

 

 

RUBRICS

2016

2015

PERIODS

CASH FLOWS FROM OPERATIONAL ACTIVITIES

 

 

 

Customers receipts

-

-

-

Payments to suppliers

108.515,77

15.770,50

588,09%

Payments to employees

105.909,86

1.230,00

8.510,56%

Cash at bank generated from operations

(214.425,63)

(17.000,50)

(1.161,29)%

Payment/receipt of income tax

(3.748,00)

106.413,86

(103,52)%

Other receipts/payments

(1.520,07)

(4.299,09)

64,64%

Cash Flows from Operational Activities (A)

(219.693,70)

85.114,27

(358,12)%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Payments regarding:

 

 

 

Fixed tangible assets

-

-

-

Intangible assets

-

-

-

Financial investments

-

-

-

Other assets

4.870.054,84

4.890.612,80

(0,42)%

Receipts from:

 

 

 

Fixed tangible assets

-

-

-

Intangible assets

-

-

-

Financial investments

1.003.911,85

-

-

Other assets

1.353.000,00

3.653.565,66

(62,97)%

Investment subsidies

-

-

-

Interest and similar income

22.459,70

21.254,77

5,67%

Dividends

4.506.870,71

8.005.007,08

(43,70)%

Cash Flows' Investments Activities (B)

2.016.187,42

6.789.214,71

(70,30)%

CASH FLOWS' INVESTMENT ACTIVITIES

 

 

 

Receipts from:

 

 

 

Obtained financing

4.883.754,91

4.954.508,73

(1,43)%

Paying-up of capital and other equity instruments

-

-

-

Coverage of losses

-

-

-

Donations

-

-

-

Other financing operations

-

-

-

Payments regarding:

 

 

 

Obtained financing

3.340.880,79

7.903.523,83

(57,73)%

Interests and similar expenses

37.152,40

232.848,22

(84,04)%

Dividends

3.291.656,14

3.711.413,86

(11,31)%

Capital's redution and other equity instruments

-

-

-

Other financing operations

-

-

-

Cash Flows' Financing Activities ©

(1.785.934,42)

(6.893.277,18)

74,09%

Variation in cash at bank and its equivalents (A+B+C)

10.559,30

(18.948,20)

155,73%

Effect of exchange differences

(9.450,42)

16.190,26

(158,37)%

Cash at bank and its equivalents at the start of period

4.216,35

6.974,29

(39,54)%

Cash at bank and its equivalents at the end of period

5.325,23

4.216,35

26,30%

 

 

Cash flows

 

MOVIMENTOS DO PERIODO DE 2016

 

RUBRICS

INITIAL BALANCE

DEBITS

CREDITS

FINAL BALANCE

PERIOD'S CARRYING AMOUNT AND MOVEMENTS

 

 

 

 

Cash in hand

552,30

-

412,50

139,80

Order deposits

3.664,05

12.696.365,17

12.694.843,79

5.185,43

Other bank deposits

-

-

-

0,00

Total cash at bank and bank deposits

4.216,35

12.696.365,17

12.695.256,29

5.325,23

Of which: Bank deposits abroad

-

-

-

0,00

 

 

RUBRICS

VALUE

 

OTHER INFORMATION

 

Receipts from:

 

Non-life insurance claims

-

Operating subsidies

-

Cash at bank and its equivalents not available for use

-

 

 

Assets impairment

 

 

MOVIMENTOS DO PERIODO DE 2016

 

IMPAIRMENT LOSSES

 

IMPAIRMENT LOSSES REVERSALS

RUBRICS

RECOGNIZED IN PROFIT AND LOSS

ON REVALUED ASSETS RECOGNIZED IN EQUITY

TOTAL

RECOGNIZED IN PROFIT AND LOSS

RECOGNIZED IN EQUITY

TOTAL

Individual assets

 

 

 

 

 

 

Fixed tangible assets

0,00

-

-

0,00

-

-

Goodwill

-

-

-

0,00

-

-

Intangible assets

0,00

-

-

0,00

-

-

Investment properties (cost model)

0,00

-

-

0,00

-

-

Investments in progress

0,00

-

-

0,00

-

-

Financial investments

0,00

-

-

0,00

-

-

TOTAL

0,00

0,00

0,00

0,00

0,00

0,00

of which: cash-generating units

0,00

-

-

0,00

-

-

 

 

GOVERNMENT GRANTS AND GOVERNMENT ASSISTANCE

 

 

GRANTS FROM STATE AND OTHER

PUBLIC BODIES

GRANTS FROM OTHER ENTITIES

RUBRICS

VALUE ASSIGNED IN THE PERIOD OR

IN PREVIOUS

PERIOD

VALUE ATTRIBUTED

TO THE PERIOD

VALUE ASSIGNED IN THE PERIOD OR

IN PREVIOUS

PERIODS

VALUE

ATTRIBUTED TO

THE PERIOD

Grants related to assets/investment:

-

0,00

-

0,00

Fixed tangible assets

-

0,00

-

0,00

Land and Natural Resources

-

-

-

-

Buildings and other structures

-

-

-

-

Basic equipment

-

0,00

-

-

Transport equipment

-

-

-

-

Office equipment

-

-

-

-

Biological equipment

-

-

-

-

Others

-

-

-

-

Intangible assets

-

0,00

-

0,00

Development projects

-

-

-

-

Computer programmes

-

-

-

-

Industrial property

-

-

-

-

Others

-

-

-

-

Other assets

-

-

-

-

Grants related to income / operating

-

0,00

-

0,00

Value of repayments in the period:

-

0,00

-

0,00

Grants related to assets/investment

-

-

-

-

Grants related to income / operating

-

-

-

-

TOTAL

-

0,00

-

0,00

 

 

IMPAIRMENT LOSSES IN FINANCIAL ASSETS AT COST OR AT AMORTIZED COST              

 

 

 

MOVIMENTOS DO PERIODO DE 2016

RUBRICS

IMPAIRMENT LOSSES

IMPAIRMENT LOSSES

REVERSALS

TOTAL

 

Receivable debts from customers

-

-

0,00

 

Other receivables

-

-

0,00

 

Equity instruments and other securities

-

-

0,00

 

Others

-

-

0,00

 

TOTAL

0,00

0,00

0,00

 

 

 

DEBTS REGISTERED AS DOUBTFUL

 

RUBRICS

 

VALUE

Regarding insolvency and company recovery procedures or enforcement procedures

-

Claimed in court

-

In arrears:

0,00

Over six months and up to twelve months

-

Over twelve months and up to eighteen months

-

Over eighteen months and up to twenty four months

-

Over twenty four months

-

TOTAL

0,00

 

 

EMPLOYEE BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS

 

RUBRICS

AVERAGE NUMBER OF EMPLOYEES

AVERAGE NUMBER OF HOURS WORKED

Company employees, paid and unpaid

5

3.068

Paid company employees

5

3.068

Company UNPAID employees

0

0

Company employees, by type of working hours

 

 

Full time company employees

5

3.068

Of which: Full time company employees

5

3.068

Part time company employees

0

0

Of which: Part time company employees

0

0

Company employees, by gender:

 

 

Men

4

2.445

Women

1

623

Company employees, of which:

 

 

Company employees assigned to Research and Development

1

-

Service providers

0

0

People placed through temporary employment agencies

0

-

 

 

STAFF COSTS

 

RUBRICS

VALUE

Staff costs

75.464,07

Governance Bodies Remuneration

38.197,24

Of which: Profit-sharing

-

Employees remuneration

27.341,27

Of which: Profit-sharing

-

Post-employment benefits

0,00

Pension premiums

-

Other benefits

-

Of which:

 

For defined contribution plans - corporate bodies

-

For defined contribution plans - others

-

Compensations

-

Charges on remunerations

8.180,43

Insurance for accidents at work and professional diseases

601,11

Social security expenses

-

Other staff costs

1.144,02

Of which:

 

Expenditure on education

-

Expenditure on uniforms

-

 

 

Information by geographic markets

 

 

 

GEOGRAPHIC MARKETS

 

RUBRICS

INTERNAL

EU

EXTRA-EU

TOTAL

 

Sales

-

-

-

0,00

Services provided

-

-

-

0,00

Purchases

-

-

-

0,00

Supplies and external services

29.083,96

-

616,04

29.700,00

Acquisition of fixed tangible assets

-

-

-

0,00

Acquisition of investment properties

-

-

-

0,00

Acquisition of intangible assets

-

-

-

0,00

Supplementary income:

0,00

0,00

0,00

0,00

Social services

-

-

-

0,00

Equipment rental

-

-

-

0,00

Studies, projects and technological assistance

-

-

-

0,00

Royalities

-

-

-

0,00

Others

-

-

-

0,00

Memorandum: Sales and services provided (undiscounted values)

-

-

-

0,00

Memorandum: Purchases and supplies and external services (undiscounted values)

-

-

-

0,00

 

 

RECEIVABLE AND PAYABLE ACCOUNTS

 

RUBRICS

2016

2015

PERIODS

CUSTOMERS

 

 

 

Trade accounts receivable

-

-

-

Trade notes receivable

-

-

-

Advances received from customers

-

-

-

SUPPLIERS

 

 

 

Trade accounts payable

1.383,75

5.765,64

(76,00)%

Trade notes payable

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advances to suppliers

-

-

-

STAFF

 

 

 

Payable remunerations

-

-

-

Advanced payments

-

-

-

Bonds

-

-

-

Other operations

-

-

-

 

 

STATE AND OTHER PUBLIC SECTOR INSTITUTIONS

 

Income Tax

-

-

-

Deductible IVA (debt cumulative amounts)

-

-

-

Paid IVA (credit cumulative amounts)

-

-

-

SHAREHOLDERS / PARTNERS

 

 

 

Shareholders with subscription

-

-

-

Unreleased quotas

-

-

-

Advances for profits

-

-

-

ALLOCATED RESULTS

 

 

 

From the perspective of the entity distributing profits

-

-

-

From the perspective of the entity with allocated profits

-

-

-

AVAILABLE PROFITS

 

 

 

From the perspective of the entity distributing profits

-

2.488.586,14

-

From the perspective of the entity with allocated profits

-

-

-

Granted loans - parent company

-

-

-

Granted loans - subsidiary companies, associated companies and joint ventures

-

180.033,51

-

Granted loans - other shareholders/partners

-

-

-

Of which: Participating companies

-

-

-

OTHER OPERATIONS

 

 

 

Debit status

-

-

-

Credit status

-

56.335,84

-

OTHER RECEIVABLE AND PAYABLE ACCOUNTS

 

 

 

Investment providers - general accounts

-

-

-

Trade accounts payable - unchecked invoices

-

-

-

Advanced payments to investment providers

-

-

-

additional income - Debtors

14.208,82

123.021,18

(88,45)%

additional expenses - Creditors

1.875,00

45.118,38

(95,84)%

Deferred tax assets

-

-

-

Deferred tax liabilities

-

-

-

Unreleased subscriptions - Creditors

-

-

-

Advances received on account of sales

-

-

-

OTHER DEBTORS AND CREDITORS

 

 

 

Other debtors

8.793.596,67

3.446.075,50

155,18%

Other creditors

616.587,63

9.143,07

6.643,77%

 

 

Expense accounts

 

Supplies and external services

29.700,00

24.677,81

20,35%

Subcontracts

-

-

-

Specialized services

20.765,66

14.766,21

40,63%

Specialized works

20.760,00

14.766,21

40,59%

Of which: Payments to workers placed through agencies

-

-

-

Advertising and promotion

-

-

-

Surveillance and security

-

-

-

Fees

-

-

-

Commissions

5,66

-

-

Maintenance and repairs

-

-

-

Others

-

-

-

Materials

21,91

-

-

Fast wear tools and utensils

19,96

-

-

Books and technical documentation

-

-

-

Office material

1,95

-

-

Gift items

-

-

-

Others

-

-

-

Energy and fluids

-

-

-

Electricity

-

-

-

Fuels

-

-

-

Water

-

-

-

Others

-

-

-

Travel, lodging and transportation

6.343,51

8.932,27

(28,98)%

Travel and lodging

6.343,51

8.932,27

(28,98)%

Transport of personnel

-

-

-

Transport of goods

-

-

-

Others

-

-

-

Different services

2.568,92

979,33

162,31%

Rents and leases

-

-

-

Of which: Rents from land

-

-

-

Communication

-

-

-

Insurance

865,14

-

-

Royalties

-

-

-

Litigation and Notaries

983,40

150,00

555,60%

Representation expenses

-

-

-

Cleaning, hygiene and comfort

-

-

-

Other services

720,38

829,33

(13,14)%

 

 

DELIBERATION OF APPROVAL OF ACCOUNTS

 

Were the financial year's accounts approved?

YES

 

Data da Aprovação: 20-06-2017

By (Unanimity/Majority):

Unanimity

 

Percentage of issued votes related to the share capital subscribed with voting right

100

 

The accounts were approved:

In general meeting regularly convoked

 

The accounts were approved:

In POC/SNC/NCM (National Plan of Accounts/Accounting Normalization System/Accounting Normalization for micro entities)

 

 

PROFIT APLICATION ACCORDING TO THE DELIBERATION THAT APPROVED THE FINANCIAL YEAR'S ACCOUNTS

 

RUBRICS

2016

2015

Retained earnings

2.806.531,11

2.259.538,89

Allocated results / Available profits

0,00

0,00

Percentages or bonuses to managing bodies

-

-

Ditto to staff

-

-

Reserves

-

-

Coverage of losses

-

-

7. Others

-

1.431.464,03

BALANCE (1-2-3-4-5-6-7)

2.806.531,11

828.074,86

 

 

MANAGEMENT REPORT / ASSESSMENT OF THE INSPECTION BODY / LEGAL CERTIFICATION OF ACCOUNTS

 

Were the Management Report and financial year's accounts prepared?

YES

 

Were the management report and the financial year's accounts signed by all members of the management / administration?

YES

 

ASSESSMENT OF THE INSPECTION BODY

The entity has an inspection body?

NO

 

Has the inspection body issued an assessment?

Information Available

 

The inspection body pronounced:

Information Available

 

LEGAL CERTIFICATION OF ACCOUNTS (CLC)

Is the entity required to have certified accounts by a Statutory Auditor/Statutory Audit Firm?

YES

 

Identificação do ROC: 507111931

Was the Legal certification of accounts issued?

YES

Without reservation

With emphasis

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

INR 65.07

UK Pound

1

INR 89.85

Euro

1

INR 80.16

Euro

1

INR 80.09

 

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

 

 

INFORMATION DETAILS

 

Analysis Done by :

NIY

 

 

Report Prepared by :

TPT

 

 

RATING EXPLANATIONS

 

Credit Rating

 

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.