EXECUTIVE SUMMARY. LA FICTICIA NUEVA SA Tax Number: A Credit Report (Date:13/08/2012 User:600638)

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1 LA FICTICIA NUEVA SA Tax Number: A Credit Report (Date:13/08/2012 User:600638) EXECUTIVE SUMMARY Identification Current Business Name LA FICTICIA NUEVA SA Tax Number : A D-U-N-S number: Commercial Name: DEMOSA Ancient Name: LA FICTICIA ANTIGUA SA;LA NUEVA FICTICIA Business Address: AVENIDA DE VALDELAPARRA (P I ALCOBENDAS), 12-1º ALCOBENDAS MADRID Branches: 4 Telephone number: Fax: Corporate Trade Risk Company situation: Active Rating Informa: 15 / 20 Credit appraisal: 63,000 Payment average delay days: 11 Incidents: Yes R.A.I.: Not consulted Experian Bureau Empresarial (EBE): Not consulted Financial Information Balance sheet latest sales (2011) : 500, (Own Sources) Result: 720, Total Assets: 3,500, Share capital: 1,280, Business Information Incorporation date: 01/02/1980 Activity beginning date: 01/04/1981 Activity: Growing of tropical and subtropical fruits NACE Code: Growing of tropical and subtropical fruits International operations: Imports and Exports Employees: 5 Bank entities: There are Corporate Structure President: DEMOSTRACION DEMOSTRACION, IVAN Parent Company: VIAJES DE MOSTRACION SLP Participations: 2 Other Complementary Information Latest act published in BORME: 19/06/ Other concepts Latest press article: 09/12/ NEGOCIO ( LEGAL ANNOUNCEMENTS ) Listed on a Stock Exchange: Yes Latest updated data included in this report is dated 07/08/2012 The information contained in this report has been investigated and contrasted on 27/07/2012 Informa Comercial - LA FICTICIA NUEVA SA Page: 1 from 17

2 TRADE RISK Rating Rating Informa Trade Risk Low-Medium Risk: 15/ The service Reports with Collection guarantees you extra-judicial management collection of unpaid invoices of this company issued up to Activate Credit appraisal Maximum Credit (from 0 to 6,000,000 ): Favourable to 63,000 Rating evolution Rating Rating Financial situation Exercise: 2011 Treasury Indebtedness Average Excellent Excellent Profitability Performance Incidents Few Business Trajectory Good Reasons of the last outstanding calculation in the note Date Change Resulting note Event 12/06/ New financial statements have been uploaded Variation in the rating system with regards to legal incidences information 24/05/ New information has been loaded on our systems 21/01/ There has been a variation in the risk associated to the activity sector of the company Informa Comercial - LA FICTICIA NUEVA SA Page: 2 from 17

3 11/01/ New financial statements have been uploaded Variation in the rating system with regards to legal incidences information 24/12/ New information has been loaded on our systems Rating Informa Explanation Financial situation The company's financial situation is good. The company's financial situation evolution has been positive. Results and sales evolution have been positive. The auditor's opinion about the latest accounts has been FAVOURABLE Company Structure The company's capitalization degree determines that its structure is normal. Taking into account the sales volume the company has a very small size. The employees evolution has been positive. Performance and Incidences The available information indicates that the company does not have payment incidences. It appears that there are claims by the administration or legal demands registered against this company. Accounts Filing The company files regularly its accounts. R.A.I. Disputed Bills Register Disputed Bills Register Consult if the company appears in the Disputed Bills Register file, the corresponding information would be included in your Report and the Rating and evaluation of the company would be updated. Experian Bureau Empresarial, Bank and Multi - sectorial Defaults of Payment. Experian Bureau Empresarial, Bank and Multi - sectorial Defaults of Payment. Consult if the company appears in the Experian Bureau Empresarial, Bank and Multi - sectorial Defaults of Payment file, the corresponding information would be included in your Report and the Rating and evaluation of the company would be updated. Paydex: payment behaviour D&B's network collects more than 100 million payment experiences per year, and the clients of Informa D&B S.A. are the only ones who could consult this exclusive information in Spain. Summary Payment Experiences Analysis Average delay days: 11 D&B Paydex: 73 Payment experiences (last 12 months): 6 Total experiences amount: 2,524 Average experiences amount: Punctual Pending Debt situation >90 Delay Days Total payment experiences amount: 2,524 38% of the delayed total amount. Informa Comercial - LA FICTICIA NUEVA SA Page: 3 from 17

4 Payment Experiences Value ranges ( ) Experiences Total amount Paid punctually 1-30 days days days +91 days < ,00 62% 30% - 8% - Total ,00 Incidents Summary Legal Actions: 1 (15/11/2011) Insolvency Proceeding: 0 Civil Court: 0 Labour Courts: 1 Administrative Claims: 5 (last: 16/05/2012, first: 04/12/2007) With the Social Security: 1 With the Tax Authorities: 1 With Other Institutions: 3 Affected by: No significant element. Last Legal Actions figures expressed in SOCIAL COURT Date Incidence Status Actor Amount 15/11/2011 PROVISIONAL INSOLVENCY IN SOCIAL COURTS MARIA 7.841,33 There is one incident in the labour courts registered at Informa D&B Latest Administrative Claims figures expressed in SOCIAL SECURITY AUCTION Date Organization Amount 02/12/2011 CENTRAL TREASURY FOR SOCIAL SECURITY DE CANTABRIA There is one administrative claim with the Social Security registered at Informa D&B TAX AUTHORITIES SEIZURE Date Organization Amount 30/11/2011 A.E.A.T. DE MADRID ,00 There is one administrative claim with Tax Authorities registered at Informa D&B OTHER INSTITUTIONS SEIZURE Date Organization Amount 02/11/2011 TOWN/ CITY HALL DE MADRID ENFORCEMENT Date Organization Amount 04/12/2007 TOWN/ CITY HALL DE MALAGA 466,71 NOTIFICATION Date Organization Amount 16/05/2012 COUNSELLING DE EMPLEO 6.500,00 Informa Comercial - LA FICTICIA NUEVA SA Page: 4 from 17

5 There are 3 administrative claims with Other Institutions registered at Informa D&B Informa Comercial - LA FICTICIA NUEVA SA Page: 5 from 17

6 FINANCIAL ELEMENTS Financial elements Balance-sheet analysis Figures given in 31/12/2011 (12) % Assets 31/12/2010 (12) % Assets 31/12/2009 (12) % Assets Assets A) NON CURRENT ASSETS B) CURRENT ASSETS ,00 100, ,00 100, ,00 100,00 Liabilities A) NET WORTH ,00 26, ,00 59, ,00 10,00 B) NON CURRENT LIABILITIES ,00 30,00 C) CURRENT LIABILITIES ,00 73, ,00 40, ,00 60,00 4M 4M 3M 2M 2M 1M 0M Current Assets Non current assets 0M Net worth Non current liabilities Current liabilities Balance Sheet Comments The total assets of the company grew up 16,67 % between 2010 and This growth has been financed with an indebtedness increase of 111,48 %. Besides, Net Worth has reduced in 48,31 %, which explains a part of the indebtedness increase. The total assets of the company grew up 50,00 % between 2009 and This growth has been financed with a Net Worth increase of 790,00 % this company's net increase has also covered the reduction of 32,22 % of company's indebtedness. Profit and loss account analysis Figures given in 31/12/2011 (12) % Net Turnover 31/12/2010 (12) % Net Turnover 31/12/2009 (12) % Net Turnover Ventas , ,00 Margen bruto ,00 160, ,00 100,00 EBITDA ,00 144, ,00 95,22 EBIT ,00 144, ,00 95,22 Resultados neto ,00 144, ,00 95,69 Informa Comercial - LA FICTICIA NUEVA SA Page: 6 from 17

7 Tipo Impositivo Efectivo (%) 1000k 1000k 750k 750k 500k 500k 250k 250k 0k k Sales Gross margin EBITDA EBIT Net Result Profit and Loss Account Comments The sales figure of the company grew up 378,47 % between 2010 and The EBIT of the company grew up 623,62 % between 2010 and This evolution implies an increase in the company's economic profitability. The result of these variations is an increase of the company's Economic Profitability of 519,58 % in the analysed period, being equal to 20,57 % in the year The Net Result of the company grew up 620,00 % between 2010 and The company's Financial Profitability has been negatively affected by the financial activities in comparison with EBITs behaviour The result of these variations is a profitability increase of 1.292,53 % in the analysed period, being of 78,26 % in the year Sectorial comparative Values table Balance Sheet Analysis: % over total assets Company (2011) Sector Difference Assets A) Activo no corriente 64,21 B) Activo corriente 100,00 35,79 64,21 Liabilities A) Patrimonio neto 26,29 64,29-38,00 B) Pasivo no corriente 15,02 C) Pasivo corriente 73,71 20,70 53,01 Profit and loss account analysis: % on the total operating income Company (2011) Sector Difference Ventas 62,50 84,01-21,51 Margen bruto 100,00 66,37 33,63 EBITDA 90,00 17,37 72,63 EBIT 90,00 10,75 79,25 Resultado neto 90,00 8,37 81,63 Sector Composition Informa Comercial - LA FICTICIA NUEVA SA Page: 7 from 17

8 Sector Composition Compared sector (NACE 2009): Growing of tropical and subtropical fruits Number of companies: 29 Size (Sales Figure): 0-2,800, Euros Comments on the sectorial comparative About liabilities composition the company resorts on a smaller scale to self financing, being the proportion of Net Worth a 38,00 % smaller. As a consequence, external financing sources are more used by the company (38,00 % more than the sector). The proportion that the sales mean to the company's total ordinary income is 62,50 %; 21,51 % lower than the sector one. The company's EBIT was positive and was 90,00 % with regard to the total ordinary income, 79,25 % superior to the one of the sector. The company's capacity to generate operating income is higher than the one of the sector as its ratio EBIT/Sales is higher (1,44 versus 0,13). The company's Net Result was positive and equal to 90,00 % with regard to the total ordinary income, 81,63 % superior to the one of the sector. The financial results and the tax impact have had a neutral impact on the net result of the company and negative in the sector. Other data from the annual financial report Results Distribution Source: Annual financial report 2010 Figures given in Amounts to be Distributed Profit and Loss ,00 Carry over 0,00 Voluntary reserves 0,00 Other reserves disposable at will 0,00 Total of Amounts to be distributed ,00 Application to Legal Reserve 0,00 Goodwill reserve 0,00 Special reserves ,00 Voluntary reserve ,00 Dividends 0,00 Carry over and others 0,00 Compensation of previous exercises losses 0,00 Application total ,00 Auditing Source: filed accounts 2011 Auditors' opinion: FAVOURABLE Auditor: IBERAUDIT AUDITORES ASESORES S.L. Informa Comercial - LA FICTICIA NUEVA SA Page: 8 from 17

9 CORPORATE STRUCTURE Administrative links Summary Distribution of the administration board Governing body: 6 members (latest change: 31/12/2010). Other Positions: 4 members (latest change: 19/06/2012). Auditor: 1 (latest change: 31/12/2010). Non-current positions: 3 (latest change: 01/01/2008). 100 % Men Main Board members, Directors and Auditor GOVERNING BODY Position Surname and name Appointment date President DEMOSTRACION DEMOSTRACION, IVAN 25/05/2004 Member of the Board DEMOSTRACION DEMOSTRACION, PEDRO JESUS 25/05/2004 Member of the Board DEMOSTRACIOÑ DEMOSTRAÇIOÑ, JOSE 12/07/2006 Member of the Board DEMOSTRACION DEMOSTRACION, SERGIO 07/12/2007 Member of the Board DEMOSTRACION DEMOSTRACION, MANUEL 04/06/2009 Secretary BARROSO LIZARRAN, JOSE MANUEL 31/12/2010 OTHER POSITIONS Position Surname and name Appointment date Proxy DEMOSTRACION GARCIA, JUAN CARLOS 24/03/2000 Proxy DEMOSTRACION DEMOS, ROGELIO 16/06/2008 Proxy DEMOS DEMOS, RUTH 09/06/2010 Proxy AGUADO FICTICIA, VERONICA 19/06/2012 AUDITOR Position Auditor Appointment date Auditor DELOITTE SL 31/12/2010 There are 11 acting administrators registered at INFORMA D&B S.A.. Board members remuneration: 2, (Source: Annual financial report 2009) Functional Managers Position Surname and name Informa Comercial - LA FICTICIA NUEVA SA Page: 9 from 17

10 Manager Manager Financial Manager Commercial Director Exports Director Quality Director DEMO LOPEZ, PEDRO DEMO SANCHEZ, JESUS MATEN SALSA, ERNESTO DEMOSTRACION FUNCIONAL LUIS DEMO GARCIA, JOSE DEMOS DEMOS, ROGELIO There are 6 managers registered at INFORMA D&B S.A.. Financial links Shareholders Registered Name Company Tax Number/Country % Source Rep. Date VIAJES DE MOSTRACION SLP B ,00% OWN SOURCES 19/12/2011 There is 1 shareholder registered at INFORMA D&B S.A.. Participations Registered Name Rating Company Tax Number/Country % Source Rep. Date SERVICIOS DE CATERING DE DEMOSTRACION SL < 7 B Indef. ANNUAL FINANCIAL REPORTS 31/12/2010 VIAJES DE MOSTRACION SLP B Indef. EXPANSIÓN 31/12/2006 There are 2 participations registered at INFORMA D&B S.A.. Informa Comercial - LA FICTICIA NUEVA SA Page: 10 from 17

11 BUSINESS INFORMATION Constitution Incorporation date: 01/02/1980 Activity beginning date: 01/04/1981 Origin / Establishment Establishment date: 01/01/1975 Founder's name: DEMOSTRACIÓN RODRIGUEZ JAVIER Origin: La sociedad procede de la fusión por absorción de la SOCIEDAD DEMOSTRACIÓN SA y de la SOCIEDAD DE PRUEBA SL Activity Informa Activity: Growing of tropical and subtropical fruits NACE Activity: Growing of tropical and subtropical fruits SIC Activity: Fruits and tree nuts, nec Business activity: TRANSPORTE AEREO DE PERSONAS, MERCANCIAS, CARGA O CORREOS.TRABAJOS AEREOS, FUMIGACION, INCENDIOS, ESCUELA DE PILOTOS, TALLER DE MANTENIMIENTO, VENTA DE AVIONES Y EN GENERAL CUALQUIER ACTIVIDAD RELACIONADA. (enlargement) Ampliar a la fabricación, envase y comercialización de toda clase de conservas vegetales. Works in progress Type of work: Este campo muestra una descripción de la obra que esta realizando la sociedad Work address: Este campo muestra el domicilio de la obra si es diferente al social de la sociedad Adjudicating entity: Este campo mostrará las entidades financieras que puedan estar relacionada con la obra descrita Works budget: Other data: Otros datos de interes Works ending date: 01/01/2010 Type of work: J Employees Employees evolution Latest employees figure: 5 (2012) % of fixed employees: 60,00% % of temporary employees: 40,00% % of men: 50,00% % of women: 50,00% Number of Employees Employees Employees distribution Source: Annual financial report 2009 Category Average number of employees Men Women Informa Comercial - LA FICTICIA NUEVA SA Page: 11 from 17

12 Distribution by sexes Commercial Operations PURCHASES Import Percentage 15,00% Imports from FRANCIA, BELGICA, HOLANDA, ITALIA, ISRAEL SALES Export Percentage 20,00% Exports to MARRUECOS, JORDANIA SUPPLIERS CLIENTES Registered Name International Registered Name International PROVEEDOR DEMO SPA YES LA LEGAL SL NO There are 1 suppliers at INFORMA D&B S.A.. CLIENTE DEMOS SL There are 2 clients at INFORMA D&B S.A.. YES Payments to suppliers Amounts expressed in. Source: Annual financial report % 2009 % EXERCISE PAYMENTS Within the maximum legal delay 60,00 60,00 6,00 60,00 Exceeded rest 40,00 40,00 4,00 40,00 Total 100,00 10,00 Payments PMP-Average Payment Delay (exceeded days) 365,00 PAYMENTS DEFERMENT OUT OF THE EXERCISE Out of the maximum legal delay 12,00 15,00 Sales breakdown El 90% de su cifra de negocio corresponde a la venta de frutos tropicales y subtropicales. El 10% de su cifra de negocio corresponde a la venta de frutos secos. Professional and advertising services Source: Annual financial report 2009 Professional services expenses: 3, Advertising services expenses: 2, Banks Entity Branch Address Town Province DEUTSCHE BANK, S.A.E. Informa Comercial - LA FICTICIA NUEVA SA Page: 12 from 17

13 CAIXABANK, S.A AV. NUESTRA SEÑORA DE VALVANERA, 96 MADRID Madrid BANKIA, S.A ALBERTO ALCOCER, 46 MADRID Madrid BANCO BILBAO VIZCAYA ARGENTARIA, S.A. There are 4 bank entities registered at INFORMA D&B S.A.. Summary of bank operations Discount facilities: 4 Credit policy: 6 Mortgage loan: 4 Bank operations amounts expressed in DEBT TYPE: DISCOUNT FACILITIES Debt type: Discount facilities Entity: BANSABADELL Granted limit: 50,00 Used limit: 40,00 Available limit: 10,00 Source: ANNUAL FINANCIAL REPORTS (2010) Debt type: Discount facilities Entity: BANSABADELL Granted limit: 60,00 Used limit: 40,00 Available limit: 20,00 Source: ANNUAL FINANCIAL REPORTS (2010) DEBT TYPE: CREDIT POLICY Debt type: Credit policy Entity: CAIXANET Granted limit: 30,00 Used limit: 10,00 Available limit: 20,00 Source: ANNUAL FINANCIAL REPORTS (2010) Debt type: Credit policy Entity: CAIXANET Granted limit: 50,00 Used limit: 20,00 Available limit: 30,00 Source: ANNUAL FINANCIAL REPORTS (2010) Debt type: Credit policy Granted limit: 200,00 Used limit: 100,00 Available limit: 100,00 Source: ANNUAL FINANCIAL REPORTS (2010) There are 14 bank operations Leasing amounts expressed in Entity Asserts involved in the activity Up to 1 year From 1 to 5 years More than 5 years Source CAIXA LEASING CAIXA LEASING ELEMENTOS TRANSPORTE ELEMENTOS TRANSPORTE Filed Accounts (2007) Filed Accounts (2007) Informa Comercial - LA FICTICIA NUEVA SA Page: 13 from 17

14 CAIXA LEASING CAIXA LEASING ELEMENTOS DE TRANSPORTE ELEMENTOS DE TRANSPORTE ANNUAL FINANCIAL REPORTS (2009) ANNUAL FINANCIAL REPORTS (2009) There are 4 leasing operations Grants amounts expressed in Body - Entity Type Granting year Nominal amount Amount received in the exercise Amount pending collection Source JUNTA CASTILLA LA MANCHA Projects development or business enlargement or improvement ,00 Filed Accounts (2008) Description: La subvencion financia parte de sus inversiones ICO Financial (capital, interests, etc) , , ,00 ANNUAL FINANCIAL REPORTS (2010) Description: Para subvención de los intereses de un préstamo. There are 2 grants Informa Comercial - LA FICTICIA NUEVA SA Page: 14 from 17

15 LEGAL STRUCTURE Constitution data Register Date: 01/04/1981 Register town: Madrid Announcement number: Legal form: JOINT STOCK COMPANY Current structure data Legal Form: Joint-stock Company Share capital: ,00 Paid-up capital: ,00 Legal Aspects Obligation to fill in Financial Statements: Yes Chamber census: Yes. Registered in I.A.E. (2008) Listed on a Stock Exchange: Yes Stock exchange information: Stock exchange type Listed on the stocks exchange of Type of quoting State Spanish Stock exchanges Valencia Suspended Spanish Stock exchanges Madrid Suspended Spanish Stock exchanges Bilbao Suspended Spanish Stock exchanges Barcelona Suspended B.O.R.M.E. (Official Gazette of the Mercantile Register) Summary Acts on activity : 1 (Last: 19/12/2011) Acts on administrators : 0 Acts on capital : 1 (Last: 13/12/2011) Acts on creation : 1 (Last: 02/03/2009) Acts on filed accounts : 4 (Last: 16/07/2011, first: 16/07/2010) Acts on identification : 0 Acts on Information : 1 (Last: 19/06/2012) Acts on proceedings : 1 (Last: 16/07/2010) Latest acts in B.O.R.M.E. MOST RELEVANT ACTS OF THE LAST TWELVE MONTHS Act Date Announcement number Mercantile Register Capital enlargement (IA)! 13/12/ Madrid OTHER ACTS Act Date Announcement number Mercantile Register Other concepts 19/06/ Madrid Registered activity enlargement 19/12/ Madrid Annual Filed Accounts (2010)! 16/07/ Madrid Total split project filing! 16/07/ Madrid Annual Filed Accounts (2009)! 16/07/ Madrid Informa Comercial - LA FICTICIA NUEVA SA Page: 15 from 17

16 Annual Filed Accounts (2008)! 16/07/ Madrid Annual Filed Accounts (2007)! 16/07/ Madrid Constitution! 02/03/ Madrid There are 9 acts registered at INFORMA D&B, S.A. Press articles Press summary by type of information (last five years) Legal notices : 3 (Last: 09/12/2009, first: 05/10/2007) Structural Data : 1 (Last: 24/07/2007) Informative data : 1 (Last: 11/12/2007) Financial Information : 1 (Last: 17/06/2008) Negative information : 0 Business lines : 0 Historical press releases : 3 (Last: 13/11/2006, first: 20/07/2006) Latest press article published 09/12/2009 NEGOCIO - LEGAL ANNOUNCEMENTS LA JUNTA GRAL. DE ACCIONISTAS DE ESTA CIA. HA ACORDADO CON FECHA 9/11/09 TRASLADAR EL DOMICILIO SOCIAL A MADRID, AVDA. GRAN VIA, 112. EL CAMBIO SE REALIZARA CON FECHA 31/12/09. 16/12/2008 LA VANGUARDIA - LEGAL ANNOUNCEMENTS EL CONSEJO DE ADMINISTRACION DE ESTA CIA. HA ACORDADO CONVOCAR A LOS ACCIONISTAS A JUNTA GRAL. QUE TENDRA LUGAR EL DIA 31/12/08 EN CUYO ORDEN DEL DIA SE TRATARA, ENTRE OTROS, LA DISOLUCION Y LIQUIDACION DE LA MISMA. 17/06/2008 LA GACETA - FINANCIAL DATA EN JUNTA GRAL. DE ACCIONISTAS CELEBRADA EL 07/06/08 SE ACORDO DISTRIBUIR UN DIVIDENDO ACTIVO CON CARGO A LOS BENEFICIOS OBTENIDOS EN EL EJERCICIO 2007 POR UN IMPORTE BRUTO DE 8,5 EUROS POR TITULO. ESTE DIVIDENDO SE HARA EFECTIVO A PARTIR DEL 07/07/08. There are 9 press articles at INFORMA D&B S.A Complementary Information ACTIVITY Este bloque le mostrará valor añadido a la información cargada en el bloque de actividad del presente informe CLIENTS AND/OR SUPPLIERS Este bloque le mostrará aclaraciones o información que no se puede cargar en el bloque de clientes y proveedores CURRENT SITUATION La Memoria de 0000 indica que la sociedad permaneció inactiva durante dicho periodo. La existencia de informaciones posteriores corrobora que la sociedad no permanece en dicha situación Addresses Business address Current Legal Seat Address: AVENIDA DE VALDELAPARRA (P I ALCOBENDAS), 12-1º ALCOBENDAS MADRID Previous Seat Address: BALDIO, 19 Informa Comercial - LA FICTICIA NUEVA SA Page: 16 from 17

17 14700 PALMA DEL RIO CÓRDOBA Characteristics of the current address Type of establishment: shop Area: 1000 m2 Owners: leased Local Situation: main Local area: commercial area Branches Street Postal Code Town Province AVENIDA SANT JORDI, SANT JUST DESVERN Barcelona AVENIDA BUCARAMANGA (BJ), MADRID Madrid PASEO DE LA CHOPERA (4 B), ALCOBENDAS Madrid PLAZA BANARES, BILBAO Bizkaia There are 4 branches registered at INFORMA D&B S.A. ADDITIONAL INFORMATION This company has been consulted the last time on , and 3894, times in total. In case you need additional information do not hesitate to contact our Customer Service: Telephone: Fax: This report is for internal use and may not be reproduced, published or re-distributed partial or totally in any manner without the permission of INFORMA D&B, S.A Due to the great quantity of information sources used in preparing this report, INFORMA D&B, S.A. does not guarantee the absolute correctness of the information, and it is not responsible of its use for any specific purpose. We also indicate that this report may not be the only element to consider in your decision making. The information about individuals in this report only refers to their business or professional activity and it may be used exclusively inside the company they represent or work for. INFORMA D&B, S.A., leader in Business, Financial and Marketing information. Av de la Industria, 32 ( Alcobendas - MADRID) Informa Comercial - LA FICTICIA NUEVA SA Page: 17 from 17

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