|
|
|
MIRA
INFORM REPORT
|
Report No. : |
511995 |
|
Report Date : |
31.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
TIAJO-COMERCIO DE TEXTEIS LDA |
|
|
|
|
Registered Office : |
Parque Industrial Da Pereira Pavilhão 8-Vila
Meã-Esmeriz, 4760-480-Esmeriz, Vila Nova De Famalicao, Braga |
|
|
|
|
Country : |
Portugal |
|
|
|
|
Financials (as on) : |
2016 |
|
|
|
|
Date of Incorporation : |
21.10.1998 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale trade of textiles |
|
|
|
|
No. of Employees : |
12 |
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 : |
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
TIAJO-COMERCIO
DE TEXTEIS LDA
FINANCIAL HIGHLIGHTS
|
|
2014 |
2015 |
2016 |
|
net sales |
12.315.864,37 |
11.679.845,36 |
10.589.122,85 |
|
net income for |
633.777,73 |
823.952,79 |
532.685,60 |
|
the year |
|
|
|
|
shareholders |
|
|
|
|
|
2.949.995,94 |
3.773.948,73 |
4.306.634,33 |
|
funds |
|
|
|
|
stocks |
306.419,79 |
527.551,29 |
793.336,53 |
|
liability |
1.944.345,06 |
1.937.976,55 |
2.058.878,47 |
|
assets |
4.894.341,00 |
5.711.925,28 |
6.365.512,80 |
SUMMARY |
|
|
Legal Form |
Private Limited
Company |
|
Constitution |
21-10-1998 |
|
V.A.T. Number / NIF |
504276123 |
|
Employees |
12 |
|
Capital |
500.000,00 |
|
Sales in : 31-12-2016 |
10.589.122,85 |
|
Shareholders Funds
in: 31-12-2016 |
4.306.634,33 |
|
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 |
|
|
|
€ |
|
2016 |
1 |
2.270,81 |
|
2014 |
1 |
15.800,00 |
|
Total |
2 |
18.070,81 |
BUSINESS CONCEPT
|
IDENTIFICATION |
|
|
Name |
TIAJO-COMERCIO DE
TEXTEIS LDA |
|
Trust Nº. |
517150 |
|
V.A.T. Number / NIF |
504276123 |
|
Address |
PARQUE INDUSTRIAL
DA PEREIRA PAVILHÃO 8-VILA MEÃ-ESMERIZ |
|
Postal Code |
4760-480-ESMERIZ |
|
Municipality |
VILA NOVA DE FAMALICAO |
|
District |
BRAGA |
|
Country |
Portugal |
|
Telephone |
252314749,
252331347 |
|
Fax |
252331348 |
|
E-Mail |
geral@tiajo.pt |
|
Web Site |
www.tiajo.pt |
|
CAE Main |
46410- Wholesale
trade of textiles |
|
MANAGEMENT BODIES |
|
|
JOAQUIM JORGE ALVES
DA SILVA |
Managing-Partner |
|
MARIA MANUELA DA
SILVA RODRIGUES |
Managing-Partner |
LEGAL STRUCTURE
Registed on the Register Record Office of Vila Nova de
Famalicao with the Register Number 504276123 previous number 4786 in 21-10-1998
Constitution celebrated in 21-10-1998 published on Diário da República number
301 of 31-12-1998
To oblige the company it is necessary 1 signatures
CHANGES TO SOCIETY
In 22-12-2017 on Portal MJ of 22-12-2017 increase of
capital In 12-07-2017 on Portal MJ of 12-07-2017 annual financial statements In
02-09-2016 on Portal MJ of 02-09-2016 social change In 30-06-2016 on Portal MJ
of 30-06-2016 annual financial statements In 07-07-2015 on Portal MJ of
07-07-2015 annual financial statements In 09-07-2014 on Portal MJ of 09-07-2014
annual financial statements In 04-07-2013 on Portal MJ of 04-07-2013 annual
financial statements In 06-07-2012 on Portal MJ of 06-07-2012 annual financial
statements In 07-03-2001 on Diário da República number 101 of 02-05-2001
increase of capital
CAPITAL
The Capital is 500.000,00
with the following distribution
|
MARIA MANUELA DA
SILVA RODRIGUES |
250.000,00 |
50% |
|
JOAQUIM JORGE ALVES
DA SILVA |
250.000,00 |
50% |
BIOGRAPHIES |
|
|
Name |
JOAQUIM JORGE ALVES
DA SILVA |
|
Funtion |
Managing-Partner |
|
Professional
Connections |
The subject has
connections with the following company (ies) |
|
|
FUTEBOL CLUBE DE
FAMALICAO-FUTEBOL SDUQ LDA as Manager . |
|
|
REX FORTIS SA as
Board of Director's Vice-President . |
|
Name |
MARIA MANUELA DA
SILVA RODRIGUES |
|
Funtion |
Managing-Partner |
|
Professional
Connections |
The subject has connections
with the following company (ies) |
|
|
REX FORTIS SA as
Board of Director's Member . |
ACTIVITIES |
|
|
Main CAE |
46410- Wholesale
trade of textiles |
|
|
|
|
BUSINESS
DESCRIPTION |
|
|
Comércio por grosso
de têxteis. Estampagem. |
|
|
|
|
|
Type of Clients |
Manufacturers/Wholesalers |
|
Sales Conditions |
Cash/credit |
GEOGRAPHIC
DISTRIBUTION OF SALES
|
INTERNAL
MARKET |
INTERNATIONAL
MARKET |
||||||
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
7.878.716,56 |
74,40% |
2.388.773,73 |
22,56% |
321.632,56 |
3,04% |
10.589.122,85 |
|
2015 |
8.944.331,21 |
76,58% |
2.563.853,44 |
21,95% |
171.660,71 |
1,47% |
11.679.845,36 |
|
2014 |
9.453.253,63 |
76,76% |
2.371.861,43 |
19,26% |
490.749,31 |
3,98% |
12.315.864,37 |
|
2013 |
7.693.324,35 |
75,11% |
2.190.209,46 |
21,38% |
359.851,80 |
3,51% |
10.243.385,61 |
|
2012 |
6.960.998,74 |
78,47% |
1.805.858,83 |
20,36% |
103.515,92 |
1,17% |
8.870.373,49 |
|
GEOGRAPHIC
DISTRIBUTION OF PURCHASES |
|||||||
|
|
|||||||
|
INTERNAL
MARKET |
INTERNATIONAL
MARKET |
||||||
|
YEAR |
|
|
EU |
|
EXTRA-EU |
|
TOTAL |
|
2016 |
1.580.882,03 |
15,96% |
6.144.172,00 |
62,04% |
2.177.827,24 |
21,99% |
9.902.881,27 |
|
2015 |
1.768.669,03 |
16,61% |
7.654.412,97 |
71,90% |
1.223.028,30 |
11,49% |
10.646.110,30 |
|
2014 |
2.277.207,48 |
20,97% |
8.250.511,19 |
75,98% |
331.650,43 |
3,05% |
10.859.369,10 |
|
2013 |
2.096.098,58 |
21,59% |
7.497.410,24 |
77,23% |
114.593,32 |
1,18% |
9.708.102,14 |
|
2012 |
1.708.593,74 |
20,50% |
6.581.523,77 |
78,96% |
45.612,85 |
0,55% |
8.335.730,36 |
BANKS AND FINANCIAL INSTITUTIONS
|
BANCO BILBAO
VIZCAYA ARGENTARIA (PORTUGAL), SA |
Vila Nova de
Famalicão |
|
BANCO POPULAR
PORTUGAL SA |
Vila Nova de
Famalicão |
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 |
|
|
|
€ |
|
2016 |
1 |
2.270,81 |
|
2014 |
1 |
15.800,00 |
|
Total |
2 |
18.070,81 |
LEGAL ACTIONS
|
Date |
01-09-2016 |
|
Process |
54714/16.8YIPRT |
|
Author |
Peças Que Marcam,
Lda |
|
Type |
Special Action of
Pecuniary Obligation |
|
Amount |
2.270,81 |
|
Judicial District |
Sintra - Trib. Jud.
Com. de Lisboa Oeste |
|
Date |
22-12-2014 |
|
Process |
563/14.3T8PVZ |
|
Author |
Mestrimagem, Lda. |
|
Type |
Common Process
Action |
|
Amount |
15.800,00 |
|
Judicial District |
Póvoa de Varzim -
Trib. Jud. Com. do Porto |
EMPLOYEES |
|
|
|
|
|
|
YEAR |
TOTAL |
MEN |
|
WOMEN |
|
|
2016 |
12 |
10 |
83% |
2 |
17% |
|
2015 |
10 |
9 |
90% |
1 |
10% |
|
2014 |
11 |
10 |
91% |
1 |
9% |
|
2013 |
10 |
9 |
90% |
1 |
10% |
|
2012 |
10 |
9 |
90% |
1 |
10% |
INSURANCE
Companhia de Seguros Fidelidade Mundial
HEAD OFFICE AND INSTALLATIONS
Warehouse owned Rua Joaquim de Sá Leonardo, Pavilhão 6/7
- Apartado 1023, 4760-042, VILA NOVA DE FAMALICAO Has head office PARQUE
INDUSTRIAL DA PEREIRA PAVILHÃO 8-VILA MEÃ-ESMERIZ, 4760-480, ESMERIZ
FINANCIALS
FINANCIAL DEMONSTRATION SNC
BALANCE SHEET SNC
|
COINEUROS |
|
|
|
YEAR:2016 |
|
|
2016 |
2015 |
2014 |
% VAR.2016/15 |
|
ASSET |
|
|
|
|
|
NON-CURRENT ASSETS |
|
|
|
|
|
Tangible fixed
assets |
1.213.408,34 |
512.204,18 |
510.216,78 |
136,90% |
|
Investment
properties |
113.490,00 |
113.490,00 |
115.245,00 |
- |
|
Goodwill |
- |
- |
- |
- |
|
Intangible assets |
- |
868,00 |
1.735,75 |
- |
|
Biological assets |
- |
- |
- |
- |
|
Financial
participations - patrimonial equity method |
- |
- |
- |
- |
|
Financial
participations - other methods |
- |
- |
- |
- |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other financial
assets |
416,25 |
174,25 |
47,95 |
138,88% |
|
Deferred tax assets |
- |
- |
- |
- |
|
Financial
investments(exclusive use by small entities and micro entities) |
- |
- |
- |
- |
|
Total |
1.327.314,59 |
626.736,43 |
627.245,48 |
111,78% |
|
CURRENT ASSETS |
|
|
|
|
|
Inventories |
793.336,53 |
527.551,29 |
306.419,79 |
50,38% |
|
Biological assets |
- |
- |
- |
- |
|
Costumers |
2.784.322,82 |
3.147.509,54 |
2.931.477,22 |
(11,54)% |
|
Advances to
suppliers |
- |
- |
- |
- |
|
State and other public
entities |
183.193,15 |
189.083,12 |
92.864,19 |
(3,12)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Other accounts
receivable |
199.810,87 |
76.508,37 |
121.868,80 |
161,16% |
|
Deferrals |
7.243,85 |
11.800,64 |
8.823,78 |
(38,61)% |
|
Financial assets
held for trading |
675,23 |
675,23 |
675,23 |
- |
|
Other financial
assets |
- |
- |
- |
- |
|
Non-current assets
held for sale |
- |
- |
- |
- |
|
Other current
assets |
- |
- |
- |
- |
|
Cashier and bank
deposits |
1.069.615,76 |
1.132.060,66 |
804.966,51 |
(5,52)% |
|
Total |
5.038.198,21 |
5.085.188,85 |
4.267.095,52 |
(0,92)% |
|
TOTAL ASSET |
6.365.512,80 |
5.711.925,28 |
4.894.341,00 |
11,44% |
|
SHAREHOLDERS FUNDS
AND LIABILITIES SHAREHOLDERS FUNDS |
|
|
|
|
|
Capital |
150.000,00 |
150.000,00 |
150.000,00 |
- |
|
Own shares |
- |
- |
- |
- |
|
Other shareholders
funds instruments |
- |
- |
- |
- |
|
Emission premiuns |
- |
- |
- |
- |
|
Legal reserves |
57.127,01 |
57.127,01 |
57.127,01 |
- |
|
Other reserves |
979.100,00 |
497.100,00 |
- |
96,96% |
|
Net retained |
2.577.921,72 |
2.235.968,93 |
2.099.291,20 |
15,29% |
|
Adjustments on
financial assets |
- |
- |
- |
- |
|
Revaluation surplus |
- |
- |
- |
- |
|
Other shareholders
funds changes |
9.800,00 |
9.800,00 |
9.800,00 |
- |
|
Total |
3.773.948,73 |
2.949.995,94 |
2.316.218,21 |
27,93% |
|
Net income for the
period |
532.685,60 |
823.952,79 |
633.777,73 |
(35,35)% |
|
Antecipated
dividends |
- |
- |
- |
- |
|
TOTAL OF
SHAREHOLDERS FUNDS |
4.306.634,33 |
3.773.948,73 |
2.949.995,94 |
14,11% |
|
LIABILITY |
|
|
|
|
|
NON-CURRENT
LIIABILITIES |
|
|
|
|
|
Provisions |
- |
- |
- |
- |
|
Financing obtained |
- |
55.000,00 |
110.000,00 |
- |
|
Responsability for
post-employment beneficts |
- |
- |
- |
- |
|
Diferred taxes
liabilities |
- |
- |
- |
- |
|
Other payable
accounts |
- |
- |
- |
- |
|
Total |
|
55.000,00 |
110.000,00 |
|
|
CURRENT LIABILITIES |
|
|
|
|
|
Suppliers |
1.071.764,35 |
944.952,41 |
1.044.804,55 |
13,42% |
|
Advances from
costumers |
- |
- |
- |
- |
|
State and other
public entities |
257.240,86 |
453.524,51 |
422.110,96 |
(43,28)% |
|
Shareholders/partners |
- |
- |
- |
- |
|
Financing obtained |
187.205,56 |
181.487,63 |
294.267,47 |
3,15% |
|
Other payable
accounts |
542.667,70 |
303.012,00 |
73.162,08 |
79,09% |
|
Deferrals |
- |
- |
- |
- |
|
Financial
liabilities held for trading |
- |
- |
- |
- |
|
Other financial
liabilities |
- |
- |
- |
- |
|
Non-current
liabilities held for sale |
- |
- |
- |
- |
|
Other current
liabilities |
- |
- |
- |
- |
|
Total |
2.058.878,47 |
1.882.976,55 |
1.834.345,06 |
9,34% |
|
TOTAL LIABILITIES |
2.058.878,47 |
1.937.976,55 |
1.944.345,06 |
6,24% |
|
TOTAL SHAREHOLDERS
FUNDS AND LIABILITIES |
6.365.512,80 |
5.711.925,28 |
4.894.341,00 |
11,44% |
|
INCOME STATEMENT |
|
|
|
|
|
INCOME AND EXPENSES |
|
|
|
|
|
Sales and services |
10.589.122,85 |
11.679.845,36 |
12.315.864,37 |
(9,34)% |
|
Operating
government grants |
- |
- |
- |
- |
|
Gains/losses
allocated subsidiaries, associates and joint ventures |
- |
- |
- |
- |
|
Variation in
production inventories |
- |
- |
- |
- |
|
Work for the entity
itself |
- |
- |
- |
- |
|
Cost of goods sold
and materials consumed |
9.079.658,61 |
10.037.178,56 |
10.686.966,10 |
(9,54)% |
|
Suppliers and
external services |
557.437,42 |
387.800,24 |
405.989,71 |
43,74% |
|
Personnel costs |
310.494,96 |
241.103,38 |
247.493,21 |
28,78% |
|
Impairment of
inventories (losses/revearsals) |
- |
- |
- |
- |
|
Impairment of
receivables (losses/revearsals) |
26.477,08 |
46.117,71 |
14.420,52 |
(42,59)% |
|
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 |
226.546,47 |
319.302,40 |
181.592,80 |
(29,05)% |
|
Other expenses and
losses |
143.148,66 |
264.369,33 |
241.682,94 |
(45,85)% |
|
Result before
depreciation, financing costs and
taxes |
698.452,59 |
1.022.578,54 |
900.904,69 |
(31,70)% |
|
Expenses/reversals
of depreciation and amortization |
27.587,69 |
36.102,26 |
37.710,16 |
(23,58)% |
|
Impairment of
investments depreciable/amortizable (losses/reversals) |
- |
- |
- |
- |
|
Operating result
(before financing costs and taxes) |
670.864,90 |
986.476,28 |
863.194,53 |
(31,99)% |
|
Interest and
similar income obtained |
- |
- |
- |
- |
|
interest and
similar expenses incurred |
33,44 |
- |
10.467,69 |
- |
|
Net before taxes |
670.831,46 |
986.476,28 |
852.726,84 |
(32,00)% |
|
Income tax of the
period |
138.145,86 |
162.523,49 |
218.949,11 |
(15,00)% |
|
Net profit for the
period |
532.685,60 |
823.952,79 |
633.777,73 |
(35,35)% |
|
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) (%) |
12,37 |
21,83 |
21,48 |
|
Return on Assets
(Operating Result / Total Asset)(%) |
10,54 |
17,27 |
17,64 |
|
Sales Net
Profitability (Net Income / Sales) (%) |
5,03 |
7,05 |
5,15 |
|
EFFICIENCY RATIOS |
|
|
|
|
Medium Term
Receivable (Costumers / Sales) * 365 (d) |
95,97 |
98,36 |
86,88 |
|
Medium Term Payable
(Suppliers / Purchases + Suppliers and external services)*365 (d) |
39,50 |
32,40 |
35,12 |
|
Asset Rotation
(Sales / Toral Asset) (%) |
166,35 |
204,48 |
251,63 |
|
PRODUCTIVITY RATIOS |
|
|
|
|
Gross Added Value /
Employee (#) |
86.285,39 |
130.979,96 |
105.710,77 |
|
Sales / Employee
(#) |
882.426,90 |
1.167.984,54 |
1.119.624,03 |
|
Productivity (Gross
Added Value / Personnel costs) (#) |
3,33 |
5,43 |
4,70 |
|
SHORT TERM RATIOS |
|
|
|
|
General Liquidity
(Current Assets / Current Liabilities) (#) |
2,45 |
2,70 |
2,33 |
|
Reduced Liquidity
(Current Assets - Inventories / Current Liabilities) (#) |
2,06 |
2,42 |
2,16 |
|
Immediate Liquidity
(Cashier and bank deposits / Current Liabilities) (#) |
0,52 |
0,60 |
0,44 |
|
MEDIUM LONG TERM
RATIOS |
|
|
|
|
Financial Autonomy
(Shareholders Funds / Total Asset) (%) |
67,66 |
66,07 |
60,27 |
|
Solvability(Shareholders
Funds / Total Liabilities) (%) |
209,17 |
194,74 |
151,72 |
|
Debt Structure
(Current Liabilities / Total Liabilities) (%) |
100,00 |
97,16 |
94,34 |
|
General Debt (Total
Liabilities / Total Asset) (%) |
32,34 |
33,93 |
39,73 |
|
OPERATIONAL AND
FINANCIAL RISK |
|
|
|
|
Operational
Leverage Level (OLL) (Gross Margin / Operating Result) (#) |
2,25 |
1,67 |
1,89 |
|
Financial Leverage
Level (FLL) (Gross Operating Profit / Operating Result) (#) |
1,00 |
1,00 |
1,01 |
|
Combined Leverage
Level (OLL x FLL) (#) |
2,25 |
1,66 |
1,91 |
|
CASH FLOW STATEMENT |
|
|
|
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CASH FLOWS FROM
OPERATIONAL ACTIVITIES |
|
|
|
|
Customers receipts |
10.913.626,82 |
11.417.695,33 |
(4,41)% |
|
Payments to
suppliers |
9.924.597,88 |
10.673.896,48 |
(7,02)% |
|
Payments to
employees |
310.494,96 |
233.645,38 |
32,89% |
|
Cash at bank
generated from operations |
678.533,98 |
510.153,47 |
33,01% |
|
Payment/receipt of
income tax |
(157.371,00) |
(261.663,87) |
39,86% |
|
Other
receipts/payments |
(57.144,21) |
17.260,11 |
(431,08)% |
|
Cash Flows from Operational Activities (A) |
464.018,77 |
265.749,71 |
74,61% |
|
CASH FLOWS'
INVESTMENT ACTIVITIES |
|
|
|
|
Payments regarding: |
|
|
|
|
Fixed tangible
assets |
475.061,00 |
35.467,00 |
1.239,45% |
|
Intangible assets |
- |
- |
- |
|
Financial
investments |
- |
- |
- |
|
Other assets |
- |
- |
- |
|
Receipts from: |
|
|
|
|
Fixed tangible
assets |
- |
44.500,00 |
- |
|
Intangible assets |
- |
- |
- |
|
Financial
investments |
- |
225.000,00 |
- |
|
Other assets |
- |
- |
- |
|
Investment
subsidies |
- |
- |
- |
|
Interest and
similar income |
1.078,21 |
- |
- |
|
Dividends |
- |
- |
- |
|
Cash Flows'
Investments Activities (B) |
(473.982,79) |
234.033,00 |
(302,53)% |
|
CASH FLOWS'
INVESTMENT ACTIVITIES |
|
|
|
|
Receipts from: |
|
|
|
|
Obtained financing |
- |
- |
- |
|
Paying-up of
capital and other equity instruments |
- |
- |
- |
|
Coverage of losses |
- |
- |
- |
|
Donations |
- |
- |
- |
|
Other financing
operations |
- |
- |
- |
|
Payments regarding: |
|
|
|
|
Obtained financing |
49.282,07 |
167.779,84 |
(70,63)% |
|
Interests and
similar expenses |
3.198,81 |
4.908,72 |
(34,83)% |
|
Dividends |
- |
- |
- |
|
Capital's redution
and other equity instruments |
- |
- |
- |
|
Other financing
operations |
- |
- |
- |
|
Cash Flows'
Financing Activities © |
(52.480,88) |
(172.688,56) |
69,61% |
|
Variation in cash
at bank and its equivalents (A+B+C) |
(62.444,90) |
327.094,15 |
(119,09)% |
|
Effect of exchange
differences |
- |
- |
- |
|
Cash at bank and
its equivalents at the start of period |
1.132.060,66 |
804.966,51 |
40,63% |
|
Cash at bank and
its equivalents at the end of period |
1.069.615,76 |
1.132.060,66 |
(5,52)% |
CASH FLOWS
|
|
MOVIMENTOS
DO PERIODO DE 2016 |
||||
|
RUBRICS |
INITIAL
BALANCE |
DEBITS |
CREDITS |
|
FINAL
BALANCE |
|
PERIOD'S CARRYING
AMOUNT AND MOVEMENTS |
|
|
|
|
|
|
Cash in hand |
35.857,52 |
7.356.393,11 |
7.356.674,54 |
|
35.576,09 |
|
Order deposits |
1.096.203,14 |
22.492.370,12 |
22.554.533,59 |
|
1.034.039,67 |
|
Other bank deposits |
- |
- |
- |
|
0,00 |
|
Total cash at bank
and bank deposits |
1.132.060,66 |
29.848.763,23 |
29.911.208,13 |
|
1.069.615,76 |
|
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 |
|||
|
|
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 REVIOUS PERIODS |
VALUE ATTRIBUTED TO THE PERIOD |
VALUE ASSIGNED IN THE PERIOD OR IN PREVIOUS PERIODS |
VALUE ATTRIBU TED 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 |
- |
- |
- |
- |
|
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 |
- |
- |
- |
- |
|
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 |
0,00 |
0,00 |
|
Other
receivables |
0,00 |
0,00 |
0,00 |
|
Equity
instruments and other securities |
0,00 |
0,00 |
0,00 |
|
Others |
0,00 |
0,00 |
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 |
||
|
|
||
|
|
AVERAGE
NUMBER OF |
AVERAGE
NUMBER OF |
|
RUBRICS |
|
|
|
|
EMPLOYEES |
HOURS WORKED |
|
Company employees,
paid and unpaid |
12 |
21.304 |
|
Paid company
employees |
12 |
21.304 |
|
Company UNPAID
employees |
0 |
0 |
|
Company employees,
by type of working hours |
|
|
|
Full time company
employees |
12 |
21.304 |
|
Of which: Full time
company employees |
12 |
21.304 |
|
Part time company
employees |
0 |
0 |
|
Of which: Part time
company employees |
0 |
0 |
|
Company employees,
by gender: |
|
|
|
Men |
10 |
17.120 |
|
Women |
2 |
4.184 |
|
Company employees,
of which: |
|
|
|
Company employees
assigned to Research and Development |
- |
- |
|
Service providers |
- |
- |
|
People placed
through temporary employment agencies |
- |
- |
|
STAFF COSTS |
|
|
RUBRICS |
VALUE |
|
Staff costs |
310.494,96 |
|
Governance Bodies
Remuneration |
71.149,76 |
|
Of which:
Profit-sharing |
10.000,00 |
|
Employees
remuneration |
181.630,77 |
|
Of which:
Profit-sharing |
20.000,00 |
|
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 |
50.470,78 |
|
Insurance for
accidents at work and professional diseases |
4.052,86 |
|
Social security
expenses |
- |
|
Other staff costs
Of which: |
3.190,79 |
|
Expenditure on
education |
- |
|
Expenditure on
uniforms |
- |
|
INFORMATION BY
GEOGRAPHIC MARKETS |
|
|
|
|
|
|
|
|
|
|
|
|
GEOGRAPHIC
MARKETS |
|||
|
RUBRICS |
INTERNAL |
EU |
EXTRA-EU |
TOTAL |
|
Sales |
7.878.716,56 |
2.388.773,73 |
321.632,56 |
10.589.122,85 |
|
Services provided |
- |
- |
- |
0,00 |
|
Purchases |
1.079.188,35 |
6.088.428,26 |
2.177.827,24 |
9.345.443,85 |
|
Supplies and
external services |
501.693,68 |
55.743,74 |
- |
557.437,42 |
|
Acquisition of
fixed tangible assets |
942.592,34 |
- |
- |
942.592,34 |
|
Acquisition of
investment properties |
- |
- |
- |
0,00 |
|
Acquisition of
intangible assets |
- |
- |
- |
0,00 |
|
Supplementary
income: |
600,00 |
0,00 |
0,00 |
600,00 |
|
Social services |
- |
- |
- |
0,00 |
|
Equipment rental |
600,00 |
- |
- |
600,00 |
|
Studies, projects
and technological assistance |
- |
- |
- |
0,00 |
|
Royalities |
- |
- |
- |
0,00 |
|
Others |
- |
- |
- |
0,00 |
|
Memorandum: Sales
and services provided (undiscounted |
8.166.658,27 |
2.388.773,73 |
321.632,56 |
10.877.064,56 |
|
values) |
|
|
|
|
|
Memorandum:
Purchases and supplies and external services |
- |
- |
- |
0,00 |
|
(undiscounted
values) |
|
|
|
|
|
RECEIVABLE AND
PAYABLE ACCOUNTS |
|
|
|
|
|
|
|
|
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
CUSTOMERS |
|
|
|
|
Trade accounts
receivable |
3.319.984,87 |
3.654.219,98 |
(9,15)% |
|
Trade notes
receivable |
109.144,42 |
111.618,95 |
(2,22)% |
|
Advances received
from customers |
- |
- |
- |
|
SUPPLIERS |
|
|
|
|
Trade accounts
payable |
1.071.764,35 |
930.380,16 |
15,20% |
|
Trade notes payable |
- |
14.572,25 |
- |
|
Trade accounts
payable - unchecked invoices |
- |
- |
- |
|
Advances to
suppliers |
- |
- |
- |
|
STAFF |
|
|
|
|
Payable
remunerations |
2.002,18 |
13.395,81 |
(85,05)% |
|
Advanced payments |
- |
- |
- |
|
Bonds |
- |
- |
- |
|
Other operations |
- |
- |
- |
|
STATE AND OTHER
PUBLIC SECTOR INSTITUTIONS |
|
|
|
|
Income Tax |
45.047,29 |
26.559,63 |
69,61% |
|
Deductible IVA
(debt cumulative amounts) |
2.350.894,58 |
2.400.629,91 |
(2,07)% |
|
Paid IVA (credit
cumulative amounts) |
3.402.959,33 |
3.916.687,21 |
(13,12)% |
|
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 |
- |
- |
- |
|
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 |
140,33 |
172,39 |
(18,60)% |
|
additional expenses
- Creditors |
41.403,78 |
28.820,50 |
43,66% |
|
Deferred tax assets |
- |
- |
- |
|
Deferred tax liabilities |
- |
- |
- |
|
Unreleased
subscriptions - Creditors |
- |
- |
- |
|
Advances received
on account of sales |
- |
- |
- |
|
OTHER DEBTORS AND
CREDITORS |
|
|
|
|
Other debtors |
199.670,54 |
76.335,98 |
161,57% |
|
Other creditors |
- |
- |
- |
EXPENSE ACCOUNTS
|
RUBRICS |
2016 |
2015 |
PERIODS |
|
Supplies and
external services |
557.437,42 |
387.800,24 |
43,74% |
|
Subcontracts |
- |
- |
- |
|
Specialized
services |
190.224,92 |
100.779,98 |
88,75% |
|
Specialized works |
113.948,80 |
20.510,03 |
455,58% |
|
Of which:
Payments to workers placed through agencies |
- |
- |
- |
|
Advertising and
promotion |
19.150,15 |
9.818,00 |
95,05% |
|
Surveillance and
security |
1.485,00 |
150,00 |
890,00% |
|
Fees |
2.155,32 |
1.171,30 |
84,01% |
|
Comissions |
26.190,83 |
23.137,78 |
13,20% |
|
Maintenance and
repairs |
11.404,83 |
20.998,76 |
(45,69)% |
|
Others |
15.889,99 |
24.994,11 |
(36,43)% |
|
Materials |
30.855,34 |
27.388,08 |
12,66% |
|
Fast wear tools and
utensils |
2.086,39 |
847,70 |
146,12% |
|
Books and technical
documentation |
- |
- |
- |
|
Office material |
5.909,26 |
1.898,00 |
211,34% |
|
Gift items |
22.859,69 |
24.642,38 |
(7,23)% |
|
Others |
- |
- |
- |
|
Energy and fluids |
33.375,29 |
35.625,48 |
(6,32)% |
|
Electricity |
5.773,33 |
4.005,97 |
44,12% |
|
Fuels |
26.853,24 |
31.007,67 |
(13,40)% |
|
Water |
748,72 |
611,84 |
22,37% |
|
Others |
- |
- |
- |
|
Travel, lodging and
transportation |
151.292,03 |
141.474,71 |
6,94% |
|
Travel and lodging |
35.855,23 |
23.149,52 |
54,89% |
|
Transport of personnel |
- |
- |
- |
|
Transport of goods |
115.436,80 |
118.325,19 |
(2,44)% |
|
Others |
- |
- |
- |
|
Different services |
151.689,84 |
82.531,99 |
83,80% |
|
Rents and leases |
71.263,23 |
18.570,75 |
283,74% |
|
Of which:
Rents from land |
- |
- |
- |
|
Communication |
17.189,77 |
9.449,45 |
81,91% |
|
Insurance |
25.666,06 |
32.330,42 |
(20,61)% |
|
Royalties |
- |
- |
- |
|
Litigation and
Notaries |
1.244,55 |
1.215,67 |
2,38% |
|
Representation
expenses |
30.493,85 |
16.012,16 |
90,44% |
|
Cleaning, hygiene
and comfort |
1.099,84 |
889,07 |
23,71% |
|
Other services |
4.732,54 |
4.064,47 |
16,44% |
DELIBERATION OF APPROVAL OF ACCOUNTS
Were the financial year's
accounts approved?
YES
Data da Aprovação: 30-04-2017 By (Unanimity/Majority):
Unanimity
Percentage of issued votes related to the share capital subscribed with
voting right 100
The accounts were
approved:
In universal meeting
Through deliberation by writing vote
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 |
3.110.607,32 |
3.059.921,72 |
|
Allocated results /
Available profits |
0,00 |
0,00 |
|
Percentages or
bonuses to managing bodies |
- |
- |
|
Ditto to staff |
- |
- |
|
Reserves |
350.000,00 |
482.000,00 |
|
Coverage of losses |
- |
- |
|
7. Others |
- |
- |
|
BALANCE
(1-2-3-4-5-6-7) |
2.760.607,32 |
2.577.921,72 |
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?
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: 502780371
Was the Legal
certification of accounts issued?
YES
Without reservation
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.63 |
|
|
1 |
INR 89.70 |
|
Euro |
1 |
INR 78.20 |
|
Euro |
1 |
INR 78.78 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
SYL |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.