15 June 2009 Mercantile Companies Statistics April 2009. Provisional data The number of mercantile companies created in April decreases 41.7% as compared with the same month of 2008 The number of mercantile companies dissolved decreases 6.1% in the interannual rate During the month of April, 6,341 mercantile companies were created, 41.7% less than in the same month of 2008, 24.5% less than the rate registered in March 2009. The capital subscribed for their constitution reached almost 239 million euros, indicating a decrease of 48.8% as compared with April of the previous year. The average capital subscribed (37,661 euros) registered an interannual decrease of 12.2%. On the other hand, during the month of April, 2,739 mercantile companies increased their capital, 28.7% less than for the same month of 2008. The capital subscribed in the increases recorded an interannual decrease of 42.6% and exceeded 2,078 million euros. The average capital subscribed in these transactions (758,703 euros) decreased 19.6%. The number of companies dissolved in March was 1,106, indicating an interannual decrease of 6.1%. Of these, 82.7% did so voluntarily, 8.2% due to mergers and the remaining 9.1% for other reasons. Annual variation rate Inter-monthly Interannual 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 -Mergers -Others Interannual accumulated 6,341 238,811 37,661 -24.5 -38.5 -18.4 -41.7 -48.8 -12.2 -34.6 -42.1 -11.4 2,739 2,078,088 758,703 -26.9 -61.4 -47.1 -28.7 -42.6 -19.6 -15.8 -19.6 -4.5 1,106 914 91 101 -28.5 -31.9 -15.7 5.2 -6.1 -8.7 -9.9 32.9 4.1 3.9 0.3 14.0 1 Private limited companies account for 99.0% of the companies created, and 90.4% of those increasing their capital Out of the 6,341 mercantile companies created in the month of April, 99.0% were private limited companies, and 0.9% were public limited companies. Out of the 2,739 companies that increased their capital, 90.4% were private limited companies and 9.5% were public limited companies. 66.6% of the capital registered by the mercantile companies created was subscribed by private limited companies, and 33.4% by public limited companies. Regarding the capital subscribed in capital increases, 50.5% corresponded to private limited companies, and 49.5% to public limited companies. % of capital subscribed by type of com pany % of No. of m ercantile com panies by type of com pany 99.0% 90.4% 66.6% 49.5% 50.5% 33.4% 0.9% 9.5% 0.0% 0.0% 0.0% 0.1% PLC LTD Created PLC General and partnership companies LTD Created Increased General and partnership companies Increased In April, the number of public limited companies created decreased 58.9% in the interannual rate, and the number of private limited companies created decreased 41.5%. Considering the companies that increased their capital, the number of public limited companies decreased 24.3%, and that of private limited companies did so by 29.1%. The capital subscribed by the mercantile companies created decreased 20.9% in interannual terms in the case of the public limited companies, and 56.5% in the case of private limited companies. As per the capital subscribed by the companies that increased their capital, the interannual rate for public limited companies decreased 17.3%, while that for private limited companies decreased 55.8%. Total Mercantile companies created PUBLIC LIMITED COMPANIES Number Capital (thousands of euros) PRIVATE LIMITED COMPANIES Number Capital (thousands of euros) Mercantile Companies increasing their capital PUBLIC LIMITED COMPANIES Number Capital (thousands of euros) PRIVATE LIMITED COMPANIES Number Capital (thousands of euros) Variation rate Inter-monthly Interanual 60 79,773 -13.0 -20.7 -58.9 -20.9 6,280 159,035 -24.6 -44.7 -41.5 -56.5 261 1,028,621 -23.5 -69.8 -24.3 -17.3 2,476 1,049,379 -27.3 -46.7 -29.1 -55.8 2 La Rioja registers the greatest average capital in companies created, and Comunidad Foral de Navarra in companies increasing their capital By Autonomous Community, La Rioja presented the greatest average capital subscribed by the mercantile companies created in April (154,441 euros). Conversely, Comunidad Foral de Navarra registered the least average capital subscribed (10,877 euros). Comunidad Foral de Navarra recorded the greatest average capital subscribed by companies increasing their capital (1,176,987 euros), and La Rioja recorded the least (148,118 euros). Cataluña accounts for 37.3% of the total capital subscribed by the companies created Out of the total capital subscribed in the creation of mercantile companies in April, Cataluña accounted for the highest percentage (37.3%), while Cantabria, Extremadura and Comunidad Foral de Navarra accounted for the lowest percentage (all three with 0.4%). Regarding the total capital subscribed by the mercantile companies increasing their capital, Cataluña registered the highest percentage (35.2%), whilst La Rioja recorded the lowest (0.1%). Autonomous Community 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 Average capital subscribed (euros) Percentage of Mercantile capital subscribed companies that increased capital 37,661 23,367 22,576 28,146 33,206 35,323 18,255 15,492 21,124 72,984 19,172 11,738 42,463 39,873 20,894 10,877 36,225 154,441 3,400 3,000 Percentage of capital subscribed Created Increased capital 758,703 405,120 335,868 487,170 650,113 340,843 504,545 1,073,000 192,229 1,145,147 565,387 289,694 507,217 933,323 563,721 1,176,978 903,150 148,118 94,000 - 100.0 10.4 1.4 1.1 2.4 3.3 0.4 1.6 2.2 37.3 5.6 0.4 5.6 20.3 1.7 0.4 3.8 2.2 0.0 0.0 100.0 6.6 1.2 1.1 2.5 1.7 0.5 7.0 0.9 35.2 6.9 0.5 3.5 22.0 2.8 2.5 4.9 0.1 0.0 - Provincial information The provincial results that were provided in this Press release may henceforth be viewed at the following address of the INE website: http://www.ine.es/en/daco/daco42/daco424/smpro0409.pdf For further information see INEbase-www.ine.es All press releases at: www.ine.es/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 3 Mercantile companies (MC) April 2009. Provisional Data MC 1. Set up mercantile companies Capital in thousand euros Total general* Number Capital Subscribed Disbursed Joint-stock company Number Capital Subscribed Disbursed Limited liability company Number Capital Subscribed Disbursed TOTAL 6,341 238,811 205,741 60 79,773 46,703 6,280 159,035 159,035 Andalucía Aragón Asturias (Principado de) Balears (Illes) Canarias 1,059 144 96 175 226 51 252 249 1,219 698 80 313 1,213 189 81 253 34 5 4 24,746 3,251 2,702 5,811 7,983 931 3,903 5,260 88,967 13,382 939 13,291 48,366 3,949 881 9,164 5,251 17 12 24,611 3,101 2,702 4,349 7,983 931 3,903 5,170 58,149 13,277 939 13,176 48,173 3,949 881 9,164 5,251 17 12 10 5 2 0 1 2 15 6 0 3 16 0 - 895 457 1,950 0 60 120 47,345 602 0 500 27,844 0 - 760 307 488 0 60 30 16,526 495 0 385 27,650 0 - 1,049 139 96 173 225 51 251 247 1,204 692 80 310 1,197 189 81 253 34 5 4 23,850 2,794 2,702 3,861 7,980 931 3,843 5,140 41,623 12,781 939 12,791 20,523 3,949 881 9,164 5,251 17 12 23,850 2,794 2,702 3,861 7,980 931 3,843 5,140 41,623 12,781 939 12,791 20,523 3,949 881 9,164 5,251 17 12 Cantabria Castilla y León Castilla-La Mancha Cataluña Comunitat Valenciana Extremadura Galicia Madrid (Comunidad de) Murcia (Región de) Navarra (Comomunidad Foral de) Pais Vasco Rioja (La) Ceuta Melilla * The total general includes collective societies and limited partnership 15th June 2009 MC 2. Mercantile companies that increase capital and are dissolved Subscribed capital in thousand euros 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) Pais Vasco Rioja (La) Ceuta Melilla Increase capital Total general * Joint-stock comp. Limited-liab. comp. Number Number Number Capital 2,739 341 76 47 80 102 22 136 96 638 253 36 143 489 104 45 113 17 1 - 2,078,088 138,147 25,526 22,897 52,009 34,765 11,100 145,928 18,454 730,605 143,043 10,429 72,531 456,395 58,627 52,964 102,056 2,518 94 - * The total general includes collective societies and limited partnership MC - (TABLES ANNEX) APRIL 2009 (2/3) 261 24 6 4 6 8 3 7 2 69 17 3 16 63 4 5 20 4 - Capital 1,028,621 45,326 5,687 1,784 30,184 3,178 807 5,077 190 550,606 57,687 2,829 34,199 205,417 20,471 37,758 26,161 1,259 - 2,476 317 70 43 74 94 19 129 94 569 236 33 127 424 100 40 93 13 1 - Capital 1,049,379 92,818 19,839 21,113 21,825 31,589 10,294 140,852 18,264 179,999 85,355 7,600 38,333 250,890 38,156 15,205 75,896 1,258 94 - Dissolved Total Voluntary Number Number 1,106 177 47 19 40 77 13 65 29 188 84 16 70 176 9 10 77 6 2 1 914 158 46 18 36 45 13 60 26 140 57 15 58 160 5 6 62 6 2 1 Merged Number Others Number 91 7 0 4 32 4 0 12 9 1 4 9 2 4 3 - 101 12 1 1 1 3 36 18 0 8 7 2 12 - MC 3. Mercantile companies that disburse installment payments on subscribed shares and companies that reduce capital Capital in thousand 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 Comunidad Valenciana Extremadura Galicia Madrid (Comunidad de) Murcia (Región de) Navarra (Comunidad Foral de) País Vasco Rioja (La) Ceuta y Melilla 63 3 1 1 1 1 8 17 6 1 19 1 3 1 - Reduce capital Number Subscribed capital 227,867 129 45 45 45 45 6,064 3,333 3,063 45 20,216 12 155,500 39,325 - 397 57 9 5 12 9 2 21 8 102 37 3 24 63 12 6 27 - 188,468 22,243 1,957 3,808 6,217 5,070 45 3,105 355 54,317 11,785 15 21,300 28,164 2,945 1,849 25,294 - MC 4. Set up companies by categories of companies Subscribed capital in thousand pesetas Total Number 2008 2009 APRIL MAY JUNE JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL 11,127 9,537 8,376 8,308 5,927 7,436 6,999 6,763 6,582 6,626 7,710 8,505 6,401 Mercantile companies Capital 476,356 994,696 514,782 620,749 368,906 455,227 618,329 412,562 828,920 659,301 717,576 389,006 239,326 More information in All our press releases in Press office: Telephones: 91 583 93 63 / 94 08 Fax: 91 583 90 87 E-mail: gprensa@ine.es MC - (TABLES ANNEX) APRIL 2009 (3/3) Number Capital 10,884 9,311 8,059 8,080 5,705 7,323 6,857 6,619 6,457 6,479 7,582 8,404 6,341 466,711 986,782 490,646 616,774 366,147 451,239 607,637 363,796 828,084 609,026 686,626 388,094 238,811 Labour joint-stock company Number Capital 1 4 5 6 3 4 4 1 1 3 1 2 Special companies and other agencies Number Capital 60 267 547 412 630 281 527 91 66 126 192 122 www.ine.es www.ine.es/en/prensa/prensa_en.htm Information Area: Telephone: 91 583 91 00 Fax: 91 583 91 58 E-mail: info@ine.es 242 222 312 222 219 109 138 143 124 144 128 100 58 9,584 7,647 23,588 3,563 2,129 3,706 10,165 48,674 770 50,149 30,950 720 393