MICHELIN ROMANIA SA Identification data for MICHELIN ROMANIA SA Fiscal identification code: 13663684 Registry of commerce number: J40/849/2001 Main activity of MICHELIN ROMANIA SA CAEN: Fabricarea anvelopelor si a camerelor de aer, resaparea si refacerea anvelopelor Contact information of MICHELIN ROMANIA SA Address: Bucuresti, County: Sectorul
	Business contacts for MICHELIN ROMANIA SA in Major Companies in Romania Extended profile of MICHELIN ROMANIA SA on kompass.com

Balance Sheet	2006	2007	2008	2009	2010
Total fixed assets	515,827,301	551,011,165	619,802,848	741,528,387	778,788,649
Total current assets	604,114,434	543,144,350	592,868,706	550,903,261	762,914,553
Inventory	27,025,899	35,097,673	54,888,448	157,904,096	185,408,400
Cash and deposits	N/A	N/A	N/A	178,758	2,653,248
Total receivables	622,164,566	644,696,917	633,735,829	392,820,407	574,852,905
Total capital	272,150,536	210,436,220	91,310,464	N/A	530,702,639
Paid-in capital	355,452,847	427,796,847	438,190,850	439,914,150	455,958,792
Loss provisions	346,619	280,879	442,317	8,352,446	1,145,109
Total debt	848,882,481	883,438,416	1,121,597,042	1,324,014,753	1,010,022,805

Profit and Loss	2006	2007	2008	2009	2010
Annual turnover	1,081,343,678	1,337,834,400	1,422,596,596	1,122,364,434	1,564,927,435
Total revenues	1,217,352,648	1,408,126,455	1,532,882,959	1,219,727,881	1,628,011,247
Total expenses	1,210,539,544	1,470,348,296	1,651,909,385	1,349,588,878	1,569,987,747
Profit before tax	6,813,104	-62,221,841	-119,026,426	-129,860,997	58,023,500
Net profit	6,813,104	-62,221,841	-119,026,426	-129,889,664	57,991,250
No of employees	213	233	238	3,042	2,860

Balance Sheet Ratios	2006	2007	2008	2009	2010
Debt to equity ratio	3.1192	4.1981	12.2833	-	1.9032
Total debt to total assets	1.6457	1.6033	1.8096	1.7855	1.2969
Shareholder's equity to total assets	0.5276	0.3819	0.1473	-	0.6814

Profitability Ratios	2006	2007	2008	2009	2010
Profit before tax margin (%)	0.6301	-4.6509	-8.3668	-11.5703	3.7077
Net profit margin (%)	0.6301	-4.6509	-8.3668	-11.5729	3.7057
Before tax ROE (Return On Equity)	2.5135	-29.5286	-130.6913	411.1724	10.9132
After tax ROE (Return On Equity)	2.5135	-29.5286	-130.6913	411.2631	10.9072

Operating Ratios	2006	2007	2008	2009	2010
Inventory turnover (days)	9.1224	9.5757	14.0829	51.3514	43.2442
Receivables turnover (days; VAT adjusted)	176.4767	147.8084	136.6383	107.3510	112.6700
Total assets turnover (times)	1.6457	1.6033	1.8096	1.7855	1.2969

Annual Turnover (2006-2010)	Evolution of Turnover vs. Sector Average
The graph shows the evolution of annual turnover of the company MICHELIN ROMANIA SA in 2006 - 2010.	The graph shows the evolution of turnover of the company MICHELIN ROMANIA SA, compared with the average turnover of the main activity of which it forms part, surrounding the company in one of the quartile.
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Total Assets (2006-2010)	Evolution of Total Assets vs. Sector Average
The graph shows the evolution of total assets (calculated as the sum of the fixed assets and current assets) for MICHELIN ROMANIA SAin 2006- 2010.	The graph shows the evolution of total assets (calculated as the sum of the fixed assets and current assets) compared with the average turnover of the main activity of which it forms part
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Total Debt (2006-2010)	Total Debt/ Total Assets (%)
The graph shows the evolution of total debt for the company MICHELIN ROMANIA SA in 2006 - 2010.	The graph shows the evolution of the ratio between total debt and total assets of MICHELIN ROMANIA SAin 2006-2010 as a percentage.
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Profit Before Tax (2006-2010)	Profit Before Tax Margin (%)
The graph shows the evolution of gross profit for the company MICHELIN ROMANIA SA.	The graph shows the evolution ratio between gross profit and turnover of MICHELIN ROMANIA SAin 2006-2010.
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Legend:

Garnet line: divides companies' performance in (2) two halves: upper and lower;
Green line: divides performance of the upper half companies in two quarters: "top quarter" and "above average quarter";
Red Line: divides performance of the lower half companies in: "below average performance" and "lowest performance";
White background: represent the top half of each quarter;

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