BULGARIA TRADING EOOD bul. Tsar Osvoboditel 1, et. 1 BG-1000 Sofia Short profile NIC 123456789 Established 2007 Legal status EOOD Activity tel.: +359-21234567, +359-21234568, fax: +359-21234569 email: info@bulgaria-trading.com web-site: www.bulgaria-trading.com mobile: +359-888777666 (46.43) Wholesale of electrical household appliances Number of Employees 15 (30.09.2012) Financial statement as at 31.12.2011 Turnover BGN 58.480.000 Profit/Loss BGN 1.144.000 Tangible Fixed Assets BGN 71.000 Last research 01.12.2012 Mode of payment (321) mostly within agreed terms, partly delays Credit opinion Credit limit EUR 160.000 (311) business connections appear permissible +---------------------------------------------------------------------+! Solvency Index * 3 0 0 * PD: 4,200%! +---------------------------------------------------------------------+ Legal status EOOD (one person private ltd. co.) Establishment 2007 as EOOD (one person private ltd. co.) Registration Registered with the court in Sofia on 01.01.2007, Reg. No 99999/2007 last entry on 01.01.2012 National identification code 123456789 Shareholder Ivan Ivanov Ivanov, born on 17.08.1978, BG 100,000% Share capital BGN 10.000, thereof paid-in BGN 10.000 09.05.2008 share capital increase from BGN 5.000 to BGN 10.000 Managers Petar Petrov Petrov, BG, born on 14.10.1979 - Managing Director Activity Wholesale of electrical household appliances (46.43) Wholesale of electronic and telecommunications equipment and parts (46.52)
Business premises business premises: bul. Ivan Vazov 2, 4003 Plovdiv, rented business premises: zh.k. Lozenets, ul. Dimitar Hadzhikotsev 1, 1421 Sofia, rented Real estate no data about real estate Personnel 01-09.2012 15 2011 15 2010 10 2009 4 Annual Sales 2011 BGN 58.480.000 2010 BGN 62.628.000 2009 BGN 27.616.000 Tangible Fixed 2011 BGN 71.000 Assets 2010 BGN 61.000 2009 BGN 35.000 Remarks Bankers Company's name in Bulgarian: БЪЛГАРИЯ ТРЕЙДИНГ ЕООД UNICREDIT BULBANK AD, head office at pl. Sveta Nedelya 7, BG-1000 Sofia tel.: +359-70018484, fax: +359-29884636, email: PR@UniCreditGroup.Bg, web-site: www.unicreditbulbank.bg (bank code UNCRBGSF) Mode of payment mostly within agreed terms, partly delays (321) 1 debt collection case against the company 2 debt collection cases against the managers Credit opinion business connections appear permissible (311) Credit limit EUR 160.000 Balance sheet Fixed assets 72.000 61.000 35.000 - intangible fixed assets 0 0 0 - tangible fixed assets 71.000 61.000 35.000 - other fixed assets (including financial fixed assets) 1.000 0 0 Current assets 6.229.000 3.132.000 3.272.000 - stocks 2.753.000 440.000 998.000 - debtors 1.070.000 1.366.000 1.437.000 - other current assets (including investments and cash) 2.406.000 1.326.000 837.000 - cash and cash equivalent 2.403.000 1.324.000 837.000
Total assets 6.301.000 3.193.000 3.307.000 Shareholders funds 3.502.000 2.465.000 628.000 - capital 10.000 10.000 10.000 - other shareholders funds (including reserves) 3.492.000 2.455.000 618.000 Non current liabilities 0 0 1.431.000 - long term debt 0 0 1.431.000 - other non current liabilities (including provisions) 0 0 0 Current liabilities 2.799.000 728.000 1.248.000 - loans 0 0 0 - creditors 2.778.000 464.000 764.000 - other current liabilities 21.000 264.000 484.000 Total shareholders funds and liabilities 6.301.000 3.193.000 3.307.000 Working capital 1.045.000 1.342.000 1.671.000 Number of employees 15 10 4 Profit/loss accounts Operating revenue / Turnover 58.480.000 62.628.000 27.616.000 Sales 58.480.000 62.628.000 27.616.000 Cost of goods sold NA NA NA Gross profit NA NA NA Other operating expenses NA NA NA Operating Profit/Loss 1.340.000 2.722.000 1.047.000 Financial revenue 1.036.000 8.433.000 608.000 Financial expenses 1.088.000 9.025.000 757.000 Financial Profit/Loss -52.000-592.000-149.000 Profit/Loss before tax 1.288.000 2.130.000 898.000 Taxation 144.000 221.000 81.000 Profit/Loss after tax 1.144.000 1.909.000 817.000 Extraordinary revenue 0 0 0 Extraordinary expenses 0 0 0 Extraordinary Profit/Loss 0 0 0 Profit/Loss for the period 1.144.000 1.909.000 817.000 Material costs 55.000 38.000 10.000 Cost of employees 391.000 279.000 149.000 Depreciation 17.000 12.000 3.000 Interest paid 278.000 252.000 150.000 Cash-flow 1.161.000 1.921.000 820.000 Added value 1.974.000 2.673.000 1.200.000 Ratios Current ratio 2,23 4,30 2,62 Liquidity ratio 1,24 3,70 1,82 Shareholders liquidity ratio NA NA 0,44 Solvency ratio (%) 55,58 77,20 18,99 Gearing (%) 0,00 0,00 227,87 Shareholders funds per employee 233.467 246.500 157.000
Working capital per employee 69.667 134.200 417.750 Total assets per employee 420.067 319.300 826.750 Profit margin (%) 2,20 3,40 3,25 Return on shareholders funds (%) 36,78 86,41 142,99 Return on capital employed (%) 44,72 96,63 50,90 Return on total assets (%) 20,44 66,71 27,15 Interest cover 4,82 10,80 6,98 Stock turnover 21,24 142,34 27,67 Collection period (days) 7 8 19 Credit period (days) 17 3 10 Net assets turnover 16,70 25,41 13,41 Staff costs / Turnover (%) 0,67 0,45 0,54 Turnover per employee 3.898.667 6.262.800 6.904.000 Average cost per employee per year 26.067 27.900 37.250 Profit per employee 85.867 213.000 224.500 Debt to equity ratio (%) 79,93 29,53 426,59 Industry sector's ratios for 46.43 Wholesale of electrical household appliances 12 months 12 months 12 months 69 companies 131 companies 120 companies Current ratio 3,04 2,63 2,81 Liquidity ratio 1,92 1,54 1,60 Shareholders liquidity ratio 5,88 4,08 3,00 Solvency ratio (%) 63,83 57,54 54,04 Gearing (%) 28,06 37,63 46,63 Shareholders funds per employee 101.596 259.921 227.193 Working capital per employee 51.785 196.935 185.160 Total assets per employee 159.164 451.711 420.396 Profit margin (%) 5,18 3,69 3,48 Return on shareholders funds (%) 10,18 8,09 7,85 Return on capital employed (%) 10,41 8,65 7,62 Return on total assets (%) 6,50 4,66 4,24 Interest cover 3,95 3,41 3,64 Stock turnover 4,43 4,09 3,61 Collection period (days) 50 74 69 Credit period (days) 38 38 43 Net assets turnover 1,68 1,76 1,69 Staff costs / Turnover (%) 2,95 3,08 3,17 Turnover per employee 199.843 570.119 513.061 Average cost per employee per year 5.898 17.571 16.262 Profit per employee 10.346 21.040 17.841 Debt to equity ratio (%) 56,66 73,79 85,04 Balance sheet (national standard)
ASSETS A. Fixed assets I. Tangible Fixed Assets 1. Land 0 0 0 2. Buildings 0 0 0 3. Machinery 0 0 0 4. Equipment 0 0 0 5. Motor vehicles 0 0 0 6. Herds and flocks 0 0 0 7. Other tangible fixed assets 71.000 61.000 35.000 8. Expenditures for acquisition of tangible fixed assets 0 0 0 TANGIBLE FIXED ASSETS TOTAL 71.000 61.000 35.000 II. Intangible Fixed Assets 1. Property rights 0 0 0 2. Software 0 0 0 3. Research and development products 0 0 0 4. Other intangible fixed assets 0 0 0 INTANGIBLE FIXED ASSETS TOTAL 0 0 0 III. Financial Assets 1. Participations and shares in: 0 0 0 - subsidiaries 0 0 0 - joint ventures 0 0 0 - affiliated companies 0 0 0 - other companies 0 0 0 2. Realties slated for investment projects 0 0 0 3. Other long-term securities 0 0 0 4. Long-term receivables from: 1.000 0 0 - affiliated companies 0 0 0 - trade loans 0 0 0 - other long-term receivables 1.000 0 0 FINANCIAL ASSETS TOTAL 1.000 0 0 IV. Goodwill 1. Positive goodwill 0 0 0 2. Negative goodwill 0 0 0 GOODWILL TOTAL 0 0 0 V. Accruals 0 0 0 FIXED ASSETS TOTAL 72.000 61.000 35.000 B. CURRENT ASSETS I.Stocks 1. Materials 0 0 0 2. Production 0 0 0 3. Goods 327.000 440.000 998.000 4. Young animals and animals to be fattened 0 0 0 5. Small productive animals 0 0 0
6. Goods in course of production 0 0 0 7. Other stocks 2.426.000 0 0 TOTAL STOCKS 2.753.000 440.000 998.000 II. Current receivables 1. Receivables from affiliated companies 0 0 0 2. Receivables from clients and suppliers 272.000 471.000 424.000 3. Receivables from granted trade loans 0 0 0 4. Court and adjudged claims receivables 0 0 0 5. Tax reimbursments 0 0 0 6. Other current receivables 798.000 895.000 1.013.000 TOTAL CURRENT RECEIVABLES 1.070.000 1.366.000 1.437.000 III. Current Financial Assets 1. Financial Assets in affiliated companies 0 0 0 2. Own debentures acquired 0 0 0 3. Current securities 0 0 0 4. Precious metals and gems 0 0 0 5. Other current financial assets 0 0 0 TOTAL CURRENT FINANCIAL ASSETS 0 0 0 IV. Liquid means 1. Liquid means in cash 0 0 0 - thereof equivalent foreign currency value in BGN 0 0 0 2. Bank accounts 2.403.000 1.324.000 837.000 - thereof equivalent foreign currency value in BGN 0 0 0 3. Blocked liquid means 0 0 0 - thereof equivalent foreign currency value in BGN 0 0 0 4. Cash equivalents 0 0 0 TOTAL LIQUID MEANS 2.403.000 1.324.000 837.000 V. Accruals 3.000 2.000 0 TOTAL CURRENT ASSETS 6.229.000 3.132.000 3.272.000 TOTAL ASSETS 6.301.000 3.193.000 3.307.000 C. OFF BALANCE ASSETS 0 0 0 EQUITY AND LIABILITIES A. Equity I. Capital 1. Subscribed capital 10.000 10.000 10.000 - share capital in joint stock companies 0 0 0
- shares quoted at stock exchanges 0 0 0 - shares not quoted at stock exchanges 0 0 0 - other share capital classes 10.000 10.000 10.000 2. not paid capital 0 0 0 3. own shares acquired 0 0 0 TOTAL CAPITAL 10.000 10.000 10.000 II. Reserves 1. Share premium account 0 0 0 2. Revaluation reserves 0 0 0 3. Purposive reserves 0 0 0 - general reserves 0 0 0 - special reserves 0 0 0 - other reserves 0 0 0 TOTAL RESERVES 0 0 0 III. Balance Result 1. Accumulated result 2.348.000 546.000-199.000 - accumulated profit 2.547.000 745.000 0 - accumulated loss 199.000 199.000 199.000 2. Profit of the period 1.144.000 1.909.000 817.000 3. Loss of the period 0 0 0 TOTAL BALANCE RESULT 3.492.000 2.455.000 618.000 TOTAL EQUITY 3.502.000 2.465.000 628.000 B. LONG-TERM LIABILITIES I. Long-term debts 1. Towards affiliated companies 0 0 1.431.000 2. Towards financial institutes 0 0 0 - thereof towards banks 0 0 0 3. Trade loans 0 0 0 4. Debenture loans 0 0 0 5. Deferred taxation 0 0 0 6. Other long-term debts 0 0 0 TOTAL LONG-TERM DEBTS 0 0 1.431.000 II. Accrued liabilities and financings 0 0 0 TOTAL LONG-TERM LIABILITIES 0 0 1.431.000 C. Current Liabilities I. Current debts 1. Liabilities towards affiliated companies 5.000 39.000 8.000 2. Liabilities towards financial institutes 0 0 0 - thereof towards banks 0 0 0 3.Liabilities towards suppliers 2.778.000 464.000 764.000 4. Trade loans 0 0 0 5. Liabilities towards staff members 0 0 9.000 6. Liabilities towards social security institutes 0 0 2.000 7. Tax debts 6.000 141.000 54.000 8. Other current liabilities 0 82.000 408.000
9. Provisions 10.000 2.000 3.000 TOTAL CURRENT DEBTS 2.799.000 728.000 1.248.000 II. Accrued liabilities and financings 0 0 0 TOTAL CURRENT LIABILITIES 2.799.000 728.000 1.248.000 TOTAL EQUITY AND LIABILITIES 6.301.000 3.193.000 3.307.000 D. OFF BALANCE LIABILITIES 0 0 0 Proffit/loss accounts (national standard) EXPENDITURES A. ORDINARY ACTIVITY EXPENDITURES I. Expenditures 1. Materials cost 55.000 38.000 10.000 2. Cost of third parties services 1.012.000 1.168.000 612.000 3. Depreciation expenditures 17.000 12.000 3.000 4. Remuneration expenditures 353.000 258.000 116.000 5. Social security expenditures 38.000 21.000 33.000 6. Other expenditures 200.000 172.000 0 - assets devaluation 0 0 0 - provisions 7.000 1.000 0 EXPENDITURES 1.675.000 1.669.000 774.000 II. Corrective nature amounts 1. Sold assets balance value (goods, materials, young animals and animals to be fattened as well as tangible and intangible fixed assets) 55.465.000 58.237.000 25.795.000 2. Fixed assets acquisition and liquidation expenditures 0 0 0 3. Alteration in inventoris and goods in course of production 0 0 0 4. Offspring of animals 0 0 0 5. Other corrective nature amounts 0 0 0 TOTAL CORRECTIVE NATURE AMOUNTS 55.465.000 58.237.000 25.795.000 III. Financial Expenses 1. Interests payable 278.000 252.000 150.000 - incuding interests payable to affiliated companies 206.000 0 0 2. Negative differentials from financial assets operations 0 0 0 3. Negative exchange rate
differentials 810.000 8.773.000 607.000 4. Other financial operations expenditures 0 0 0 TOTAL FINANCIAL EXPENDITURES 1.088.000 9.025.000 757.000 B. TOTAL ORDINARY ACTIVITY EXPENDITURES 58.228.000 68.931.000 27.326.000 C. Profit from the ordinary activity 1.288.000 2.130.000 898.000 IV. Extraordinary expenditures 0 0 0 D. TOTAL EXPENDITURES 58.228.000 68.931.000 27.326.000 E. Profit before taxation 1.288.000 2.130.000 898.000 V. Taxation 144.000 221.000 81.000 1. Taxation on profit 144.000 221.000 80.000 2. Other taxes 0 0 1.000 F. Profit after taxation 1.144.000 1.909.000 817.000 TOTAL (D + V + F) 59.516.000 71.061.000 28.224.000 REVENUES A. Revenues from the ordinary activity I. Net revenues from sales of: 1. Production 0 0 0 2. Goods 58.451.000 62.581.000 27.580.000 3. Materials 0 0 0 4. Services 0 0 0 including revenues from intermediary activities 0 0 0 - outsourcing services 0 0 0 5. Tangible and intangibles fixed assets, rentals 0 0 0 - thereof rentals 0 0 0 6. Other 29.000 47.000 36.000 TOTAL NET REVENUES FROM SALES 58.480.000 62.628.000 27.616.000 II. Financing Revenues 0 0 0 - including government subsidies 0 0 0 III. Financial Revenues 1. Interests revenues 1.035.000 0 0 - including from affiliated companies 0 0 0 2. Participation revenues 0 0 0 - including dividends 0 0 0 3. Positive differentials from financial assets operations 0 0 0 4. Positive exchange rate differentials 0 8.432.000 608.000 5. Other financial operations revenues 1.000 1.000 0 TOTAL FINANCIAL REVENUES 1.036.000 8.433.000 608.000 B. TOTAL REVENUES FROM THE
ORDINARY ACTIVITY 59.516.000 71.061.000 28.224.000 C. LOSS FROM THE ORDINARY ACTIVITY 0 0 0 IV. Extraordinary revenues 0 0 0 D. TOTAL REVENUES 59.516.000 71.061.000 28.224.000 E. Loss before taxation 0 0 0 F. Loss after taxation 0 0 0 TOTAL (D+F) 59.516.000 71.061.000 28.224.000 Last available data This information is for client's exclusive use only and cannot be disclosed to third parties without Creditreform's prior formal consent. It is meant to serve the client's decision-making process. Creditreform cannot be held responsible for the consequences of the decisions.