9 September 2015 Mercantile Companies Statistics (MC) July 2015. Provisional data 8,074 mercantile companies are created in July, 1.4% more than in the same month of 2014, and 1,432 are dissolved, 8.7% less The Autonomous Communities with the greatest business dynamism1 are La Rioja (45.8%), Canarias (17.5%) and Región de Murcia (16.8%) 8,074 mercantile companies were created in July, that is, 1.4% more than in the same month of 2014. The capital subscribed for their constitution exceeded 505 million euros, representing an increase of 33.8%. The average capital subscribed (62,561 euros) increased 32.0% in its annual rate. On the other hand, 2,510 mercantile companies increased their capital in July, 5.5% less than in the same month of 2014. The capital subscribed in the increases registered a decrease of 15.6% and exceeded 3,127 million euros. The average capital subscribed in these transactions (1,245,912 euros) decreased 10.7% in its annual rate. The number of companies dissolved in July was 1,432, that is, 8.7% less than in the same month of 2014. Among these, 65.6% did so voluntarily, 8.3% due to mergers and the remaining 26.1 % for other reasons. Mercantile companies created, increasing their capital and dissolved. July 2015 Total Mercantile companies created Number Capital subscribed (thousands of euros) Average capital subscribed (euros) Mercantile companies increasing their capital Number Capital subscribed (thousands of euros) Average capital subscribed (euros) Mercantile companies dissolved Number - Voluntary - Merger - Other % Variation Monthly Annual Annual accumulated 8,074 505,119 62,561 -2.2 30.7 33.6 1.4 33.8 32.0 -0.1 0.3 0.4 2,510 3,127,239 1,245,912 -1.6 6.6 8.3 -5.5 -15.6 -10.7 -2.7 -32.4 -30.5 1,432 940 119 373 -0.7 -1.4 2.6 0.0 -8.7 0.0 -16.2 -23.3 -7.2 -3.2 -3.1 -19.5 1 Business dynamism: Performance of the number of mercantile companies, as the annual variation rate of the incorporation of mercantile companies. MC – JULY 2015 (1/ 7) Performance of the monthly rate In order to contribute to the analysis and interpretation of the data, the following chart shows the variation in the number of mercantile companies created and dissolved between June and July in the last five years. In 2015, the monthly variation of the number of companies created was ‒2.2% and that of the companies dissolved was ‒0.7%. Results by main economic activity 21.2% of the mercantile companies created in the month of July corresponded to Trade and 17.9% to Construction. Regarding the dissolved companies, 21.5% corresponded to Construction and 20.0% to Trade. MC – JULY 2015 (2/ 7) The activity with the greatest net balance of mercantile companies created in July 2015 was Trade, with 1,427 new companies. On the contrary, Transport and storage registered the lowest net balance, with 161 companies created. The economic activity with the greatest capital subscribed of the mercantile companies created was Real estate, financial and insurance activities, with 259.39 million euros. In turn, Transportation and Storage presented the lowest capital subscribed, with 4.49 million euros. MC – JULY 2015 (3/ 7) Results by Autonomous Communities The Autonomous Communities with the greatest number of mercantile companies created in July were Comunidad de Madrid (1,773), Cataluña (1,703), and Andalucía (1,359). Conversely, the Autonomous Communities where less mercantile companies were created were La Rioja (35), Comunidad Foral de Navarra (36), and Cantabria (59). Regarding the dissolved mercantile companies, the Autonomous Communities that presented the highest number of dissolutions were Comunidad de Madrid (368), Cataluña (174) and Andalucía (170). In turn, those with the lowest number of dissolutions were Comunidad Foral de Navarra (10) and La Rioja (11). Mercantile companies created and dissolved by Autonomous Communities. July 2015 Created TOTAL Andalucía Aragón Asturias, Principado de Balears, Illes Canarias Cantabria Castilla y León Castilla - La Mancha Cataluña Comunitat Valenciana Extremadura Galicia Madrid, Comunidad de Murcia, Región de Navarra, Comunidad Foral de País Vasco Rioja, La Dissolved Number % Annual variation Number % Annual variation 8,074 1,359 168 95 244 315 59 231 225 1,703 888 73 334 1,773 243 36 279 35 1.4 4.2 5.0 -16.7 6.1 17.5 11.3 -11.2 -6.6 12.9 -12.0 -27.0 -1.2 -1.4 16.8 -35.7 -0.4 45.8 1,432 170 54 21 47 56 13 74 31 174 135 25 91 368 22 10 130 11 -8.7 -33.6 -11.5 -30.0 -2.1 -11.1 -23.5 7.2 -8.8 -14.7 -10.0 -24.2 3.4 1.4 -35.3 0.0 31.3 22.2 MC – JULY 2015 (4/ 7) In terms of annual variation of the number of mercantile companies created, La Rioja (45.8%), Canarias (17.5%) and Región de Murcia (16.8%) recorded the highest rates. In turn, Comunidad Foral de Navarra (–35.7%), Extremadura (–27.0%) and Principado de Asturias (–16.7%) registered the greatest decreases. Regarding the mercantile companies dissolved, País Vasco (31.3%), La Rioja (22.2%) and Castilla y León (7.2%) were the Autonomous Communities to register the highest positive rates. In turn, the Autonomous Communities registering the lowest annual rates were Región de Murcia (–35.3%), Andalucía (–33.6%) and Principado de Asturias (–30.0%). MC – JULY 2015 (5/ 7) Mercantile Companies Statistics July 2015. Provisional data MC. 1 Mercantile companies created Capital in thousands of euros General total* Number Capital Subscribed Disbursed Public limited company Number Capital Subscribed Disbursed Private limited company Number Capital Subscribed Disbursed TOTAL 8,074 505,119 503,691 62 116,195 114,767 8,012 388,924 388,924 Andalucía Aragón Asturias, Principado de Balears, Illes Canarias 1,359 168 95 244 315 59 231 225 1,703 888 73 334 1,773 243 36 279 35 5 9 39,725 2,279 2,525 29,737 6,818 763 6,257 4,511 64,869 68,055 42,814 18,798 168,459 38,703 448 9,823 249 41 245 39,500 2,279 2,525 29,692 6,773 763 6,197 4,511 64,086 68,010 42,814 18,753 168,279 38,703 448 9,823 249 41 245 4 0 0 3 1 0 3 0 10 4 0 3 32 0 0 2 0 0 0 420 0 0 26,058 60 0 210 0 12,496 180 0 180 76,410 0 0 180 0 0 0 195 0 0 26,013 15 0 150 0 11,713 135 0 135 76,230 0 0 180 0 0 0 1,355 168 95 241 314 59 228 225 1,693 884 73 331 1,741 243 36 277 35 5 9 39,305 2,279 2,525 3,679 6,758 763 6,047 4,511 52,373 67,875 42,814 18,618 92,049 38,703 448 9,643 249 41 245 39,305 2,279 2,525 3,679 6,758 763 6,047 4,511 52,373 67,875 42,814 18,618 92,049 38,703 448 9,643 249 41 245 Cantabria Castilla y León Castilla - La Mancha Cataluña Comunitat Valenciana Extremadura Galicia Madrid, Comunidad de Murcia, Región de Navarra, Comunidad Foral de País Vasco Rioja, La Ceuta Melilla MC. 2 Mercantile companies that increase capital and are dissolved Capital in thousands of euros Increase capital General total* Number Capital TOTAL Andalucía Aragón Asturias, Principado de Balears, Illes Canarias Cantabria Castilla y León Castilla - La Mancha Cataluña Comunitat Valenciana Extremadura Galicia Madrid, Comunidad de Murcia, Región de Navarra, Comunidad Foral de País Vasco Rioja, La Ceuta Melilla Public limited companies Number Capital Private limited companies Number Capital Dissolved Total Voluntary Number Number Merged Number Other Number 2,510 3,127,239 183 1,037,070 2,327 2,090,169 1,432 940 119 373 327 45 36 74 76 11 112 71 582 200 29 102 599 96 23 116 9 1 1 200,594 15,839 14,674 73,955 60,549 3,355 35,281 25,880 1,102,462 101,885 21,220 36,708 1,096,032 42,128 28,006 265,180 3,370 25 97 19 1 7 6 3 0 8 7 35 4 1 4 67 4 1 15 1 0 0 103,428 130 9,701 50,199 956 0 2,814 13,755 180,327 4,312 648 1,599 540,350 15,551 12,540 98,877 1,883 0 0 308 44 29 68 73 11 104 64 547 196 28 98 532 92 22 101 8 1 1 97,166 15,709 4,973 23,756 59,593 3,355 32,467 12,125 922,135 97,574 20,571 35,110 555,683 26,577 15,466 166,303 1,487 25 97 170 54 21 47 56 13 74 31 174 135 25 91 368 22 10 130 11 0 0 134 35 13 32 34 8 61 17 79 73 21 57 273 5 0 91 7 0 0 8 6 1 9 5 1 2 2 7 6 1 11 34 3 4 19 0 0 0 28 13 7 6 17 4 11 12 88 56 3 23 61 14 6 20 4 0 0 * The general total includes collective societies and partnership companies MC - JULY 2015 (6/7) July 2015. Provisional data MC. 3 Mercantile companies that disburse installment payments on subscribed shares and companies that reduce capital Capital in thousands of euros Disburs. of install. paym. on sub. shares Number Disbursed capital TOTAL Andalucía Aragón Asturias, Principado de Balears, Illes Canarias Cantabria Castilla y León Castilla - La Mancha Cataluña Comunitat Valenciana Extremadura Galicia Madrid, Comunidad de Murcia, Región de Navarra, Comunidad Foral de País Vasco Rioja, La Ceuta Melilla 28 1 0 0 1 2 4 3 0 6 2 1 0 7 0 0 1 0 0 0 13,342 690 0 0 14 2,075 89 1,058 0 718 5,014 45 0 2,288 0 0 1,350 0 0 0 Reduce capital Number Subscribed capital 565 65 16 16 10 12 2 16 8 130 34 3 30 161 18 5 33 6 0 0 1,512,242 91,224 61,372 19,194 39,506 10,770 1,717 9,068 13,231 538,370 18,032 6,495 7,875 404,187 34,626 5,876 239,754 10,946 0 0 MC. 4 Mercantile companies created by type of company Capital in thousands of euros Total Number 2014 July August September October November December 2015 January February March April May June July 8,014 5,133 6,660 8,021 7,383 7,525 8,258 8,737 9,937 8,328 8,094 8,277 8,106 Mercantile companies Capital 378,458 265,857 386,380 666,408 1,208,279 1,423,772 587,649 587,819 620,783 340,836 456,853 386,570 505,926 Number 7,966 5,111 6,627 7,980 7,352 7,490 8,229 8,712 9,903 8,285 8,063 8,254 8,074 For further information see INEbase – www.ine.es/en/ Capital 377,485 265,323 384,808 666,043 1,208,176 1,423,578 586,652 587,473 619,373 330,589 454,762 386,413 505,119 Public limited labour companies Number Capital 3 2 0 2 0 1 0 0 0 0 2 1 0 180 360 0 141 0 66 0 0 0 0 1,800 66 0 Special companies and other agencies Number Capital 45 19 30 35 28 29 29 25 34 43 29 22 32 793 168 1,571 206 103 125 997 346 1,410 10,247 290 91 807 All press releases at: www.ine.es/en/prensa/prensa_en.htm Press Office: Telephone numbers: 91 583 93 63 / 94 08 – Fax: 91 583 90 87 – gprensa@ine.es Information Area: Telephone number: 91 583 91 00 – Fax: 91 583 91 58 – www.ine.es/infoine/?L=1 MC - JULY 2015 (7/7)