|
|
|
MIRA INFORM REPORT
|
Report No. : |
505432 |
|
Report Date : |
02.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
S. I. C. I. 93 BRAGA-SOCIEDADE DE INVESTIMENTOS
COMERCIAIS E INDUSTRIAIS SA |
|
|
|
|
Registered Office : |
Rua Das Austrálias, Nº 1, 4705-322-BRAGA, Braga |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
18.05.1993 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
· Manufacture of other outerwear in series · Wholesale of clothing and accessories |
|
|
|
|
No. of Employees : |
101 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Exist |
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
S. I. C. I. 93 BRAGA-SOCIEDADE DE INVESTIMENTOS COMERCIAIS E INDUSTRIAIS
SA
Financial highlights
|
|
2014 |
2015 |
2016 |
|
Net Sales |
8.531.215,53 |
6.669.081,25 |
10.324.425,77 |
|
Net Income for
the Year |
974.464,29 |
354.572,86 |
811.462,18 |
|
Shareholders |
2.513.571,21 |
2.423.129,95 |
3.038.562,78 |
|
Stocks |
658.358,39 |
454.252,90 |
812.706,30 |
|
Liability |
3.158.757,30 |
2.182.405,47 |
2.846.271,31 |
|
Assets |
5.672.328,51 |
4.605.535,42 |
5.884.834,09 |
Summary
|
Legal Form |
Joint Stock
Company |
|
Constitution |
18-05-1993 |
|
V.A.T.
Number / NIF |
502988088 |
|
Employees |
101 |
|
Capital |
1.070.000,00 |
|
Sales in : 31-12-2016 |
10.324.425,77 |
|
Shareholders
Funds in: 31-12-2016 |
3.038.562,78 |
|
Actual Condition |
In activity |
|
Import/Export |
Sim / Sim |
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
INSOLVENCIES
/ REVITALIZATION PROCESSES
NO
SUMMARY OF CLAIMS
(LAST 5 YEARS)
|
YEAR |
QUANTITY |
TOTAL |
|
|
|
€ |
|
2017 |
1 |
549.534,93 |
|
2016 |
1 |
7.500,00 |
|
Total |
2 |
557.034,93 |
IDENTIFICATION
|
Name |
S. I. C. I. 93 BRAGA-SOCIEDADE DE
INVESTIMENTOS COMERCIAIS E INDUSTRIAIS SA |
|
Trust Nº. |
111879 |
|
V.A.T. Number / NIF |
502988088 |
|
Address |
Rua Das Austrálias, Nº 1 |
|
Postal Code |
4705-322-BRAGA |
|
Municipality |
Braga |
|
District |
Braga |
|
Country |
Portugal |
|
Telephone |
253605210 |
|
Fax |
253605219 |
|
E-Mail |
geral@sici93.pt / comercial@naturapura.pt |
|
Web Site |
www.sici93.pt |
|
CAE Main |
14131- Manufacture of other outerwear in
series |
|
CAE Secondary |
14140- Making clothing inside |
|
CAE Secondary |
46421- Wholesale of clothing and
accessories |
Governing
bodies
BOARD OF DIRECTORS
|
ANTONIO SILVA DA RESSURREICAO |
Board of Director's President |
|
DANIEL
GONCALVES GOMES |
Board of
Director's Member |
|
CATARINA
MENDES SILVA DA RESSURREICAO |
Board of
Director's Member |
FISCAL BOARD
|
FATIMA PINTO E VITOR FREIRE-SOCIEDADE DE REVISORES OFICIAIS DE CONTAS |
Unique Fiscal |
|
JOAO VITOR RIBEIRO DA SILVA ALBUQUERQUE FREIRE |
Fiscal Board Substitute |
Legal
structure
Registed
on the Register Record Office of Braga with the Register Number 502988088
previous number 3958 in 18-05-1993
Constitution
celebrated in 18-05-1993 published on Diário da República number 148 of
26-06-1993
To oblige the company
it is necessary 2 signature
CHANGES
TO SOCIETY
In
11-12-2017 on Portal MJ of 11-12-2017 social change
In
26-06-2017 on Portal MJ of 26-06-2017 annual financial statements
In
07-06-2017 on Portal MJ of 07-06-2017 renewal of the governing bodies
In
24-06-2016 on Portal MJ of 24-06-2016 annual financial statements
In
08-07-2015 on Portal MJ of 08-07-2015 annual financial statements
In
23-06-2015 on Portal MJ of 23-06-2015 capital increase and social change
In
06-02-2015 on Portal MJ of 06-02-2015 reduction of capital
In
16-07-2014 on Portal MJ of 16-07-2014 board of director's change
In
10-07-2014 on Portal MJ of 10-07-2014 annual financial statements
In 12-07-2013 on
Portal MJ of 12-07-2013 annual financial statements
CAPITAL
The
Capital is 1.070.000,00 , divided in 214000 shares , with a nominal value of
5,00
Biographies
|
Name |
ANTONIO SILVA DA RESSURREICAO |
|
Funtion |
Board of Director's President |
|
Historical of Professional Connections and Participations |
The
subject had links with the following company(ies): A
RELHA-COOPERATIVA DE SERVICOS CRL como Vice-Presidente da Direcção. |
|
Links to others companies |
The
subject has connections with the following company (ies) NATURAPURA
IBERICA-PRODUCAO E COMERCIO DE PRODUTOS NATURAIS SA as Board of Director's
President . PLAYVEST
SA as Board of Director's President . THINGS
UNIPESSOAL LDA as Manager . RESSUS
INVESTIMENTOS E GESTAO LDA as Managing-Partner with a participation of
49.900,00 , in a capital of 50.000,00 . |
|
Name |
DANIEL
GONCALVES GOMES |
|
Funtion |
Board
of Director's Member |
|
Historical of Professional Connections and Participations |
The
subject had links with the following company(ies): ZULESTAMPA-INDUSTRIA
DE ESTAMPAGEM LDA. |
|
Links to others companies |
The
subject has connections with the following company (ies) PLAYVEST
SA as Board of Director's Member . THINGS
UNIPESSOAL LDA as Manager . |
|
Name |
CATARINA
MENDES SILVA DA RESSURREICAO |
|
Funtion |
Board
of Director's Member |
|
Links to others companies |
The
subject has connections with the following company (ies) PLAYVEST
SA as Board of Director's Member . |
Activities
|
Main CAE |
14131- Manufacture of other outerwear in series |
|
Secundary CAE |
14140- Making clothing inside |
|
Secundary CAE |
46421- Wholesale of clothing and accessories |
BUSINESS DESCRIPTION
Clothing manufacture
|
Type of Clients |
Retailers/Wholesalers |
|
Sales Conditions |
Cash/credit |
Geographic
distribution of sales
|
INTERNAL MARKET |
INTERNATIONAL MARKET |
||||||
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
56.103,85 |
0,54% |
6.614.913,73 |
64,07% |
3.653.408,19 |
35,39% |
10.324.425,77 |
|
2015 |
35.154,97 |
0,53% |
5.187.616,01 |
77,79% |
1.446.310,27 |
21,69% |
6.669.081,25 |
|
2014 |
120.225,90 |
1,41% |
6.736.853,62 |
78,97% |
1.674.136,01 |
19,62% |
8.531.215,53 |
|
2013 |
98.579,97 |
1,79% |
4.587.059,62 |
83,33% |
819.321,85 |
14,88% |
5.504.961,44 |
|
2012 |
34.954,13 |
0,79% |
4.058.673,93 |
91,93% |
321.179,78 |
7,28% |
4.414.807,84 |
GEOGRAPHIC
DISTRIBUTION OF PURCHASES
|
INTERNAL MARKET |
INTERNATIONAL MARKET |
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
6.721.327,81 |
83,00% |
604.460,49 |
7,46% |
772.521,29 |
9,54% |
8.098.309,59 |
|
2015 |
4.046.038,51 |
85,63% |
608.647,62 |
12,88% |
70.598,20 |
1,49% |
4.725.284,33 |
|
2014 |
5.799.431,49 |
86,98% |
620.130,70 |
9,30% |
247.988,58 |
3,72% |
6.667.550,77 |
|
2013 |
4.071.380,61 |
88,61% |
375.763,75 |
8,18% |
147.817,29 |
3,22% |
4.594.961,65 |
|
2012 |
3.317.934,48 |
94,55% |
160.814,45 |
4,58% |
30.610,61 |
0,87% |
3.509.359,54 |
BANKS AND
FINANCIAL INSTITUTIONS
|
NOVO BANCO, SA |
Santa Tecla-Braga |
|
BANCO SANTANDER TOTTA SA |
Braga |
|
MILLENNIUM BCP |
Braga |
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
SUMMARY
OF CLAIMS (LAST 5 YEARS)
|
YEAR |
QUANTITY |
TOTAL |
|
|
|
€ |
|
2017 |
1 |
549.534,93 |
|
2016 |
1 |
7.500,00 |
|
Total |
2 |
557.034,93 |
|
LEGAL ACTIONS |
|
|
Date |
30-05-2017 |
|
Process |
3599/17.9T8VNF |
|
Author |
Sinv, Spa |
|
Type |
Summary Execution |
|
Amount |
549.534,93 |
|
Judicial District |
Vila Nova de Famalicão - Trib. Jud. Com. de Braga |
|
Date |
27-05-2016 |
|
Process |
2426/16.9T8BRG |
|
Author |
Elisa da Conceição Mendes |
|
Type |
Common Process Action |
|
Amount |
7.500,00 |
|
Judicial District |
Braga - Trib. Jud. Com. de Braga |
EMPLOYEES
|
|||||
|
YEAR |
TOTAL |
MEN |
|
WOMEN |
|
|
2016 |
101 |
14 |
14% |
87 |
86% |
|
2015 |
93 |
11 |
12% |
82 |
88% |
|
2014 |
70 |
10 |
14% |
60 |
86% |
|
2013 |
33 |
8 |
24% |
25 |
76% |
|
2012 |
31 |
8 |
26% |
23 |
74% |
HEAD
OFFICE AND INSTALLATIONS
Has
head office RUA DAS AUSTRÁLIAS, Nº 1, 4705-322, BRAGA
PARTICIPATIONS
DIRECT
PARTICIPATIONS
|
NAME |
THINGS UNIPESSOAL LDA |
|
Trust Nº. |
2398905 |
|
Address |
Rua do Pinheiro, nº 106 - Nogueira, Fraião e Lamaçães |
|
Locality |
4715-225 BRAGA |
|
Country |
PORTUGAL |
|
C.A.E. |
47711- Retail sale of clothing for adults in specialized |
|
Capital |
5.000,00 |
|
Participation |
100% |
|
NAME |
PLAYVEST SA |
|
Trust Nº. |
931621 |
|
Address |
Rua das Austrálias , nº 2, |
|
Locality |
4709-009 BRAGA |
|
Country |
PORTUGAL |
|
Telephone |
253000910 |
|
Fax |
253000919 |
|
E-Mail |
playvest@playvest.pt |
|
Web Site |
www.playvest.com |
|
C.A.E. |
14140- Making clothing inside |
|
Capital |
310.000,00 |
|
Participation |
100,00% |
|
NAME |
NATURAPURA IBERICA-PRODUCAO E COMERCIO DE PRODUTOS NATURAIS SA |
|
Trust Nº. |
528304 |
|
Address |
PARQUE INDUSTRIAL DA POUSA, LOTE 24 FRACÇÃO B, LUGAR DA DEVESA OU
CURROS |
|
Locality |
4755-411 POUSA |
|
Country |
PORTUGAL |
|
Telephone |
253605210 |
|
Fax |
253605219 |
|
E-Mail |
comercial@naturapura.pt |
|
Web Site |
www.naturapura.pt |
|
C.A.E. |
13993- Manufacture of other textiles various, n.d |
|
Capital |
500.000,00 |
|
Participation |
44,74% |
FINANCIAL
DEMONSTRATION SNC
BALANCE
SHEET SNC
|
COINEUROS |
|
|
|
YEAR:2016 |
|
|
2016 |
2015 |
2014 |
% VAR.2016/15 |
|
ASSET |
|
|
|
|
|
NON-CURRENT ASSETS |
|
|
|
|
|
Tangible fixed assets |
1.439.076,74 |
1.337.217,54 |
1.238.722,34 |
7,62% |
|
Investment properties |
499.517,81 |
321.424,83 |
343.329,68 |
55,41% |
|
Goodwill |
- |
- |
- |
- |
|
Intangible assets |
- |
- |
- |
- |
|
Biological assets |
- |
- |
- |
- |
|
Financial participations - patrimonial equity method |
1.316.834,99 |
949.420,12 |
1.016.956,19 |
38,70% |
|
Financial participations - other methods |
13.170,00 |
11.700,00 |
11.700,00 |
12,56% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other financial assets |
10.256,79 |
5.660,32 |
10.007,15 |
81,21% |
|
Deferred tax assets |
- |
- |
- |
- |
|
Financial investments(exclusive use by small entities and micro
entities) |
- |
- |
- |
- |
|
Total |
3.278.856,33 |
2.625.422,81 |
2.620.715,36 |
24,89% |
|
CURRENT ASSETS |
|
|
|
|
|
Inventories |
812.706,30 |
454.252,90 |
658.358,39 |
78,91% |
|
Biological assets |
- |
- |
- |
- |
|
Costumers |
1.213.229,14 |
928.715,99 |
1.620.047,36 |
30,64% |
|
Advances to suppliers |
- |
- |
- |
- |
|
State and other public entities |
470.207,18 |
326.701,03 |
242.303,59 |
43,93% |
|
Shareholders/partners |
- |
- |
9.000,00 |
- |
|
Other accounts receivable |
24.743,94 |
156.159,59 |
165.255,21 |
(84,15)% |
|
Deferrals |
43.069,79 |
29.162,52 |
21.719,60 |
47,69% |
|
Financial assets held for trading |
- |
- |
- |
- |
|
Other financial assets |
- |
- |
- |
- |
|
Non-current assets held for sale |
- |
- |
- |
- |
|
Other current assets |
- |
- |
- |
- |
|
Cashier and bank deposits |
42.021,41 |
85.120,58 |
334.929,00 |
(50,63)% |
|
Total |
2.605.977,76 |
1.980.112,61 |
3.051.613,15 |
31,61% |
|
TOTAL ASSET |
5.884.834,09 |
4.605.535,42 |
5.672.328,51 |
27,78% |
SHAREHOLDERS FUNDS
AND LIABILITIES SHAREHOLDERS FUNDS
|
Capital |
1.070.000,00 |
1.070.000,00 |
1.070.000,00 |
- |
|
Own shares |
(120.500,00) |
(120.500,00) |
(49.000,00) |
- |
|
Other shareholders funds instruments |
- |
- |
- |
- |
|
Emission premiuns |
- |
- |
- |
- |
|
Legal reserves |
220.963,14 |
203.234,50 |
84.041,97 |
8,72% |
|
Other reserves |
32.309,20 |
32.309,20 |
13.306,33 |
- |
|
Net retained |
91.951,32 |
80.941,24 |
(20.613,70) |
13,60% |
|
Adjustments on financial assets |
561.081,77 |
420.110,19 |
46.287,34 |
33,56% |
|
Revaluation surplus |
371.295,17 |
382.461,96 |
395.084,98 |
(2,92)% |
|
Other shareholders funds changes |
- |
- |
- |
- |
|
Total |
2.227.100,60 |
2.068.557,09 |
1.539.106,92 |
7,66% |
|
Net income for the period |
811.462,18 |
354.572,86 |
974.464,29 |
128,86% |
|
Antecipated dividends |
- |
- |
- |
- |
|
TOTAL OF SHAREHOLDERS FUNDS |
3.038.562,78 |
2.423.129,95 |
2.513.571,21 |
25,40% |
|
LIABILITY |
|
|
|
|
|
NON-CURRENT LIIABILITIES |
|
|
|
|
|
Provisions |
521.322,13 |
- |
- |
- |
|
Financing obtained |
413.753,60 |
544.628,62 |
833.314,71 |
(24,03)% |
|
Responsability for post-employment beneficts |
- |
- |
- |
- |
|
Diferred taxes liabilities |
131.020,71 |
130.079,67 |
129.235,18 |
0,72% |
|
Other payable accounts |
- |
- |
- |
- |
|
Total |
1.066.096,44 |
674.708,29 |
962.549,89 |
58,01% |
|
CURRENT LIABILITIES |
|
|
|
|
|
Suppliers |
851.760,50 |
733.009,81 |
1.032.088,09 |
16,20% |
|
Advances from costumers |
- |
- |
6.171,78 |
- |
|
State and other public entities |
75.066,90 |
71.726,91 |
87.938,43 |
4,66% |
|
Shareholders/partners |
- |
6.815,93 |
- |
- |
|
Financing obtained |
420.881,89 |
288.823,50 |
699.233,25 |
45,72% |
|
Other payable accounts |
432.465,58 |
401.052,49 |
296.798,28 |
7,83% |
|
Deferrals |
- |
6.268,54 |
73.977,58 |
- |
|
Financial liabilities held for trading |
- |
- |
- |
- |
|
Other financial liabilities |
- |
- |
- |
- |
|
Non-current liabilities held for sale |
- |
- |
- |
- |
|
Other current liabilities |
- |
- |
- |
- |
|
Total |
1.780.174,87 |
1.507.697,18 |
2.196.207,41 |
18,07% |
|
TOTAL LIABILITIES |
2.846.271,31 |
2.182.405,47 |
3.158.757,30 |
30,42% |
|
TOTAL SHAREHOLDERS FUNDS AND LIABILITIES |
5.884.834,09 |
4.605.535,42 |
5.672.328,51 |
27,78% |
INCOME
STATEMENT
|
||||
|
INCOME AND EXPENSES |
|
|
|
|
|
Sales and services |
10.324.425,77 |
6.669.081,25 |
8.531.215,53 |
54,81% |
|
Operating government grants |
6.268,54 |
142.144,14 |
80.538,68 |
(95,59)% |
|
Gains/losses allocated subsidiaries, associates and joint ventures |
440.753,22 |
34.452,47 |
230.159,25 |
1.179,31% |
|
Variation in production inventories |
339.336,68 |
(223.830,59) |
155.955,80 |
(251,60)% |
|
Work for the entity itself |
- |
- |
- |
- |
|
Cost of goods sold and materials consumed |
3.775.065,62 |
2.058.328,25 |
2.984.119,50 |
83,40% |
|
Suppliers and external services |
4.301.313,95 |
2.645.597,34 |
3.673.768,96 |
62,58% |
|
Personnel costs |
1.613.670,26 |
1.511.250,64 |
1.235.244,04 |
6,78% |
|
Impairment of inventories (losses/revearsals) |
- |
- |
- |
- |
|
Impairment of receivables (losses/revearsals) |
802,00 |
- |
10.217,74 |
- |
|
Provisions (increases/reductions) |
521.322,13 |
- |
- |
- |
|
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 |
32,12 |
74,52 |
32,40 |
(56,90)% |
|
Other income and gains |
194.604,28 |
167.811,38 |
185.459,46 |
15,97% |
|
Other expenses and losses |
21.736,32 |
12.383,08 |
39.836,13 |
75,53% |
|
Result before depreciation, financing costs and taxes |
1.071.510,33 |
562.173,86 |
1.240.174,75 |
90,60% |
|
Expenses/reversals of depreciation and amortization |
148.742,90 |
113.801,09 |
109.087,71 |
30,70% |
|
Impairment of investments depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Operating result (before financing costs and taxes) |
922.767,43 |
448.372,77 |
1.131.087,04 |
105,80% |
|
Interest and similar income obtained |
- |
- |
- |
- |
|
interest and similar expenses incurred |
29.334,70 |
29.923,69 |
57.272,51 |
(1,97)% |
|
Net before taxes |
893.432,73 |
418.449,08 |
1.073.814,53 |
113,51% |
|
Income tax of the period |
81.970,55 |
63.876,22 |
99.350,24 |
28,33% |
|
Net profit for the period |
811.462,18 |
354.572,86 |
974.464,29 |
128,86% |
|
Results of discontinued operations (net of taxes) included in the net
icome of the period |
- |
- |
- |
- |
RATIOS
SNC
|
|||
|
YEAR |
2016 |
2015 |
2014 |
|
Shareholder's Funds Profitability (Net Income / Shareholders Funds)
(%) |
26,71 |
14,63 |
38,77 |
|
Return on Assets (Operating Result / Total Asset)(%) |
15,68 |
9,74 |
19,94 |
|
Sales Net Profitability (Net Income / Sales) (%) |
7,86 |
5,32 |
11,42 |
|
EFFICIENCY RATIOS |
|
|
|
|
Medium Term Receivable (Costumers / Sales) * 365 (d) |
42,89 |
50,83 |
69,31 |
|
Medium Term Payable (Suppliers / Purchases + Suppliers and external
services)*365 (d) |
38,39 |
56,62 |
56,50 |
|
Asset Rotation (Sales / Toral Asset) (%) |
175,44 |
144,81 |
150,40 |
|
PRODUCTIVITY RATIOS |
|
|
|
|
Gross Added Value / Employee (#) |
27.391,28 |
21.923,63 |
32.220,64 |
|
Sales / Employee (#) |
102.222,04 |
71.710,55 |
121.874,51 |
|
Productivity (Gross Added Value / Personnel costs) (#) |
1,71 |
1,35 |
1,83 |
|
SHORT TERM RATIOS |
|
|
|
|
General Liquidity (Current Assets / Current Liabilities) (#) |
1,46 |
1,31 |
1,39 |
|
Reduced Liquidity (Current Assets - Inventories / Current Liabilities)
(#) |
1,01 |
1,01 |
1,09 |
|
Immediate Liquidity (Cashier and bank deposits / Current Liabilities)
(#) |
0,02 |
0,06 |
0,15 |
|
MEDIUM LONG TERM RATIOS |
|
|
|
|
Financial Autonomy (Shareholders Funds / Total Asset) (%) |
51,63 |
52,61 |
44,31 |
|
Solvability(Shareholders Funds / Total Liabilities) (%) |
106,76 |
111,03 |
79,57 |
|
Debt Structure (Current Liabilities / Total Liabilities) (%) |
62,54 |
69,08 |
69,53 |
|
General Debt (Total Liabilities / Total Asset) (%) |
48,37 |
47,39 |
55,69 |
|
Debt Capacity (Shareholders Funds / Shareholders Funds + Non Current
Liabilities)(%) |
74,03 |
78,22 |
72,31 |
|
Capital Structure (Shareholder's Funds / Non Current Liabilities) (%) |
285,02 |
359,14 |
261,14 |
|
OPERATIONAL AND FINANCIAL RISK |
|
|
|
|
Operational Leverage Level (OLL) (Gross Margin / Operating Result) (#) |
7,10 |
10,28 |
4,90 |
|
Financial Leverage Level (FLL) (Gross Operating Profit / Operating
Result) (#) |
1,03 |
1,07 |
1,05 |
|
Combined Leverage Level (OLL x FLL) (#) |
7,33 |
11,02 |
5,16 |
CASH
FLOW STATEMENT
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CASH FLOWS FROM OPERATIONAL ACTIVITIES |
|
|
|
|
Customers receipts |
10.310.911,72 |
6.512.580,64 |
58,32% |
|
Payments to suppliers |
9.595.554,59 |
5.873.218,50 |
63,38% |
|
Payments to employees |
1.075.515,44 |
891.083,25 |
20,70% |
|
Cash at bank generated from operations |
(360.158,31) |
(251.721,11) |
(43,08)% |
|
Payment/receipt of income tax |
(11.542,26) |
(133.278,43) |
91,34% |
|
Other receipts/payments |
830.605,62 |
348.103,90 |
138,61% |
|
Cash Flows from Operational
Activities (A) |
458.905,05 |
(36.895,64) |
1.343,79% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible assets |
182.905,71 |
248.553,21 |
(26,41)% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
6.470,00 |
40.000,00 |
(83,82)% |
|
Other assets |
160.950,00 |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible assets |
2.731,15 |
12,30 |
22.104,47% |
|
Intangible assets |
- |
- |
- |
|
Financial investments |
69,87 |
147,72 |
(52,70)% |
|
Other assets |
- |
94,35 |
- |
|
Investment subsidies |
- |
- |
- |
|
Interest and similar income |
- |
170,99 |
- |
|
Dividends |
75.000,00 |
25.000,00 |
200,00% |
|
Cash Flows' Investments
Activities (B) |
(272.524,69) |
(263.127,85) |
(3,57)% |
|
CASH FLOWS' INVESTMENT ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
5.996.000,00 |
2.115.000,00 |
183,50% |
|
Paying-up of capital and other equity instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing operations |
42.854,00 |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
6.097.013,89 |
1.862.629,98 |
227,33% |
|
Interests and similar expenses |
23.867,46 |
33.925,24 |
(29,65)% |
|
Dividends |
143.644,99 |
167.562,33 |
(14,27)% |
|
Capital's redution and other equity instruments |
- |
- |
- |
|
Other financing operations |
- |
- |
- |
|
Cash Flows' Financing Activities
© |
(225.672,34) |
50.882,45 |
(543,52)% |
|
Variation in cash at bank and its equivalents (A+B+C) |
(39.291,98) |
(249.141,04) |
84,23% |
|
Effect of exchange differences |
(3.807,19) |
(667,38) |
(470,47)% |
|
Cash at bank and its
equivalents at the start of
period |
85.120,58 |
334.929,00 |
(74,59)% |
|
Cash at bank and its
equivalents at the end of period |
42.021,41 |
85.120,58 |
(50,63)% |
Cash
flows
MOVIMENTOS DO PERIODO DE 2016
|
RUBRICS |
INITIAL BALANCE |
DEBITS |
CREDITS |
FINAL BALANCE |
|
PERIOD'S CARRYING
AMOUNT AND MOVEMENTS |
|
|
|
|
|
Cash in hand |
187,45 |
29.595,21 |
29.506,71 |
275,95 |
|
Order deposits |
84.933,13 |
19.237.901,80 |
19.281.089,47 |
41.745,46 |
|
Other bank deposits |
- |
- |
- |
0,00 |
|
Total cash at bank and bank deposits |
85.120,58 |
19.267.497,01 |
19.310.596,18 |
42.021,41 |
|
Of which: Bank deposits abroad |
- |
- |
- |
0,00 |
|
RUBRICS |
VALUE |
|
OTHER
INFORMATION |
|
|
Receipts from: |
|
|
Non-life insurance claims |
- |
|
Operating subsidies |
34.394,17 |
|
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 |
- |
|
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 |
- |
6.268,54 |
- |
0,00 |
|
Value of repayments in the period: |
- |
6.268,54 |
- |
0,00 |
|
Grants related to assets/investment |
- |
- |
- |
- |
|
Grants related to income / operating |
- |
6.268,54 |
- |
- |
|
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 |
802,00 |
- |
802,00 |
|
|
Other receivables |
- |
- |
0,00 |
|
|
Equity instruments and other securities |
- |
- |
0,00 |
|
|
Others |
- |
- |
0,00 |
|
|
TOTAL |
802,00 |
- |
802,00 |
|
DEBTS
REGISTERED AS DOUBTFUL
|
RUBRICS |
VALUE |
|
Regarding insolvency and company recovery
procedures or enforcement procedures |
- |
|
Claimed in court |
41.354,26 |
|
In arrears: |
6.200,52 |
|
Over six months and up to twelve months |
802,00 |
|
Over twelve months and up to eighteen months |
- |
|
Over eighteen months and up to twenty four months |
- |
|
Over twenty four months |
5.398,52 |
|
TOTAL |
47.554,78 |
EMPLOYEE
BENEFITS, COMPANY EMPLOYEES AND PERSONNEL COSTS
|
RUBRICS |
AVERAGE NUMBER
OF EMPLOYEES |
AVERAGE NUMBER
OF HOURS WORKED |
|
Company employees, paid and unpaid |
101 |
188.694 |
|
Paid company employees |
101 |
188.694 |
|
Company UNPAID employees |
0 |
0 |
|
Company employees, by type of working hours |
|
|
|
Full time company employees |
101 |
188.694 |
|
Of which: Full time company employees |
101 |
188.694 |
|
Part time company employees |
0 |
0 |
|
Of which: Part time company employees |
0 |
0 |
|
Company employees, by gender: |
|
|
|
Men |
14 |
26.502 |
|
Women |
87 |
162.192 |
|
Company employees, of which: |
|
|
|
Company employees assigned to Research and Development |
0 |
- |
|
Service providers |
- |
- |
|
People placed through temporary employment agencies |
1 |
- |
STAFF COSTS
|
RUBRICS |
VALUE |
|
Staff costs |
1.613.670,26 |
|
Governance Bodies Remuneration |
266.900,01 |
|
Of which: Profit-sharing |
- |
|
Employees remuneration |
1.071.709,78 |
|
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 |
636,00 |
|
Charges on remunerations |
247.131,64 |
|
Insurance for accidents at work and
professional diseases |
9.027,74 |
|
Social security expenses |
- |
|
Other staff costs |
18.265,09 |
|
Of which: |
|
|
Expenditure on education |
1.500,00 |
|
Expenditure on uniforms |
- |
Information
by geographic markets
|
|
|
GEOGRAPHIC
MARKETS |
||
|
RUBRICS |
INTERNAL |
EU |
EXTRA-EU |
TOTAL |
|
Sales |
46.770,25 |
6.562.626,09 |
3.652.880,30 |
10.262.276,64 |
|
Services provided |
9.333,60 |
52.287,64 |
527,89 |
62.149,13 |
|
Purchases |
2.500.322,47 |
532.676,32 |
763.996,85 |
3.796.995,64 |
|
Supplies and external services |
4.221.005,34 |
71.784,17 |
8.524,44 |
4.301.313,95 |
|
Acquisition of fixed tangible assets |
226.220,12 |
422,00 |
- |
226.642,12 |
|
Acquisition of investment properties |
202.052,96 |
- |
- |
202.052,96 |
|
Acquisition of intangible assets |
- |
- |
- |
0,00 |
|
Supplementary income: |
35.345,46 |
0,00 |
0,00 |
35.345,46 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
- |
- |
- |
0,00 |
|
Studies, projects and technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
35.345,46 |
- |
- |
35.345,46 |
|
Memorandum: Sales and services provided (undiscounted values) |
46.546,88 |
6.599.136,36 |
3.669.420,55 |
10.315.103,79 |
|
Memorandum: Purchases and supplies and external services (undiscounted
values) |
7.202.568,91 |
604.861,56 |
772.521,29 |
8.579.951,76 |
RECEIVABLE
AND PAYABLE ACCOUNTS
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CUSTOMERS |
|
|
|
|
Trade accounts receivable |
1.260.783,92 |
1.251.294,83 |
0,76% |
|
Trade notes receivable |
- |
- |
- |
|
Advances received from customers |
- |
- |
- |
|
SUPPLIERS |
|
|
|
|
Trade accounts payable |
851.760,50 |
733.009,81 |
16,20% |
|
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) |
1.911.715,04 |
1.111.406,00 |
72,01% |
|
Paid IVA (credit cumulative amounts) |
220.546,19 |
175.185,53 |
25,89% |
|
SHAREHOLDERS / PARTNERS |
|
|
|
|
Shareholders with subscription |
- |
- |
- |
|
Unreleased quotas |
- |
- |
- |
|
Advances for profits |
- |
- |
- |
|
ALLOCATED RESULTS |
|
|
|
|
From the perspective of the entity distributing profits |
- |
6.815,93 |
- |
|
From the perspective of the entity with allocated profits |
- |
- |
- |
|
AVAILABLE PROFITS |
|
|
|
|
From the perspective of the entity distributing profits |
- |
- |
- |
|
From the perspective of the entity with allocated profits |
- |
- |
- |
|
Granted loans - parent company |
- |
- |
- |
|
Granted loans - subsidiary companies, associated companies and joint |
|
|
|
|
|
- |
- |
- |
|
ventures |
|
|
|
|
Granted loans - other shareholders/partners |
- |
- |
- |
|
Of which: Participating companies |
- |
- |
- |
|
OTHER OPERATIONS |
|
|
|
|
Debit status |
- |
- |
- |
|
Credit status |
- |
- |
- |
|
OTHER RECEIVABLE AND PAYABLE ACCOUNTS |
|
|
|
|
Investment providers - general accounts |
- |
- |
- |
|
Trade accounts payable - unchecked invoices |
- |
- |
- |
|
Advanced payments to investment providers |
- |
- |
- |
|
additional income - Debtors |
2.191,92 |
26.599,43 |
(91,76)% |
|
additional expenses - Creditors |
356.768,60 |
374.124,06 |
(4,64)% |
|
Deferred tax assets |
- |
- |
- |
|
Deferred tax liabilities |
131.020,71 |
130.079,67 |
0,72% |
|
Unreleased subscriptions - Creditors |
- |
- |
- |
|
Advances received on account of sales |
- |
- |
- |
|
OTHER DEBTORS AND CREDITORS |
|
|
|
|
Other debtors |
22.552,02 |
129.560,16 |
(82,59)% |
|
Other creditors |
23.700,78 |
20.457,01 |
15,86% |
Expense
accounts
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
Supplies and external services |
4.301.313,95 |
2.645.597,34 |
62,58% |
|
Subcontracts |
3.557.393,45 |
1.966.279,55 |
80,92% |
|
Specialized services |
297.185,38 |
324.560,51 |
(8,43)% |
|
Specialized works |
71.937,55 |
60.748,33 |
18,42% |
|
Of which: Payments to
workers placed through agencies |
- |
- |
- |
|
Advertising and promotion |
145,00 |
500,00 |
(71,00)% |
|
Surveillance and security |
- |
489,00 |
- |
|
Fees |
24.042,41 |
23.026,50 |
4,41% |
|
Comissions |
120.665,28 |
157.195,98 |
(23,24)% |
|
Maintenance and repairs |
53.294,71 |
59.443,69 |
(10,34)% |
|
Others |
27.100,43 |
23.157,01 |
17,03% |
|
Materials |
24.759,31 |
20.974,80 |
18,04% |
|
Fast wear tools and utensils |
13.619,57 |
9.293,45 |
46,55% |
|
Books and technical documentation |
543,69 |
498,55 |
9,05% |
|
Office material |
5.494,69 |
7.006,83 |
(21,58)% |
|
Gift items |
2.605,24 |
1.369,52 |
90,23% |
|
Others |
2.496,12 |
2.806,45 |
(11,06)% |
|
Energy and fluids |
77.486,52 |
78.258,52 |
(0,99)% |
|
Electricity |
26.289,80 |
26.561,01 |
(1,02)% |
|
Fuels |
46.592,66 |
47.211,62 |
(1,31)% |
|
Water |
709,99 |
750,22 |
(5,36)% |
|
Others |
3.894,07 |
3.735,67 |
4,24% |
|
Travel, lodging and transportation |
193.805,13 |
120.071,62 |
61,41% |
|
Travel and lodging |
15.323,22 |
22.099,03 |
(30,66)% |
|
Transport of personnel |
- |
- |
- |
|
Transport of goods |
167.605,21 |
86.629,27 |
93,47% |
|
Others |
10.876,70 |
11.343,32 |
(4,11)% |
|
Different services |
150.684,16 |
135.452,34 |
11,25% |
|
Rents and leases |
37.520,97 |
39.988,31 |
(6,17)% |
|
Of which: Rents from land |
- |
- |
- |
|
Communication |
12.514,06 |
13.910,39 |
(10,04)% |
|
Insurance |
63.136,34 |
53.967,53 |
16,99% |
|
Royalties |
- |
- |
- |
|
Litigation and Notaries |
1.893,94 |
646,67 |
192,88% |
|
Representation expenses |
23.738,66 |
15.392,83 |
54,22% |
|
Cleaning, hygiene and comfort |
11.880,19 |
11.121,19 |
6,82% |
|
Other services |
- |
425,42 |
- |
DELIBERATION
OF APPROVAL OF ACCOUNTS
Were
the financial year's accounts approved?
YES
Data
da Aprovação: 25-05-2017
By
(Unanimity/Majority):
Majority
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 |
903.413,50 |
435.514,10 |
|
Allocated results / Available profits |
385.200,00 |
192.691,00 |
|
Percentages or bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
41.462,18 |
17.728,64 |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE (1-2-3-4-5-6-7) |
476.751,32 |
225.094,46 |
MANAGEMENT
REPORT / ASSESSMENT OF THE INSPECTION BODY / LEGAL CERTIFICATION OF ACCOUNTS
MANAGEMENT
REPORT
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?
YES
Has
the inspection body issued an assessment?
YES
The
inspection body pronounced:
In
favour of the approval of accounts
LEGAL
CERTIFICATION OF ACCOUNTS (CLC)
Is
the entity required to have certified accounts by a Statutory Auditor/Statutory
Audit Firm?
YES
Identificação
do ROC: 503535761
Was
the Legal certification of accounts issued?
YES
Without
reservation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 66.02 |
|
|
1 |
INR 92.72 |
|
Euro |
1 |
INR 81.45 |
|
Euro |
1 |
INR 80.12 |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.