15 April 2015 Mercantile Companies Statistics February 2015. Provisional data 8,712 mercantile companies are created in January, 3.0% less than in the same month of 2014, and 2,072 are dissolved, 2.5% less The Autonomous Communities with the greatest business dynamism1 are Illes Balears (15.2%), Galicia (7.7%) and Andalucía (3.4%) 8,712 mercantile companies were created in February, that is, 3.0% less than in the same month of 2014. The capital subscribed for their constitution exceeded 587 million euros, representing a decrease of 43.5%. The average capital subscribed (67,433 euros) increased 41.8% in its annual rate. On the other hand, 3.361 mercantile companies increased their capital in January, 0.6% less than in the same month of 2014. The capital subscribed in the increases dropped by 26.6%, and exceeded 2,162 million euros. The average capital subscribed in these transactions (643,394 euros) decreased 26.2% in its annual rate. The number of companies dissolved in January was 2,072, 2.5% less than in the same month of the previous year. Among these, 73.4% did so voluntarily, 7.1% due to mergers and the remaining 19.5% for other reasons. Mercantile companies created, increasing their capital and dissolved. February 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 8,712 5.9 -3.0 -5.6 587,473 0.1 -43.5 -25.3 67,433 -5.4 -41.8 -20.9 3,361 -16.1 -0.6 -4.9 2,162,448 -57.2 -26.6 -17.8 643,394 -49.0 -26.2 -13.5 2,072 -28.1 -2.5 -8.4 1,520 -33.1 2.8 -6.0 148 -32.4 -8.6 -14.8 404 3.3 -16.7 -15.8 1 Business dynamism: Performance of the number of mercantile companies, as the annual variation rate of the incorporation of mercantile companies. MC – FEBRUARY 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 January and February in the last five years. In 2015, the monthly variation of the number of companies created was 5.9% and that of the companies dissolved was –28.1%. Performance of the monthly rate of mercantile companies created and dissolved (variation of February over January of the same year) 45 30 15 0 -15 -30 -45 11.7 3.3 5.9 0.2 -2.3 -28.9 2011 -26.3 -26.9 2012 2013 Created -28.1 -35.3 2014 2015 Dissolved Results by main economic activity 21.8% of the mercantile companies created in the month of February corresponded to Trade and 18.8% to Construction. Regarding the dissolved companies, 21.9% corresponded to Trade and 19.9% to Construction. % mercantile companies created by main economic activity. February 2015 Trade Construction & property develop. Profes, scientific & technical actv Real state, financial and insurance… Accommodation and catering Other services Industry and energy Adm. and support service actv. Information and communications Agriculture and fishing Transport and storage 21.8 18.8 11.1 10.3 9.1 8.0 7.1 4.1 3.8 3.2 2.7 % mercantile companies dissolved by main economic activity. February 2015 Trade Construction & property develop. Industry and energy Profes, scientific & technical actv. Real state, financ & insurance actv Other services Accommodation and catering Adm. and support service actv. Information and communications Transport and storage Agriculture and fishing 21.9 19.9 11.1 10.3 9.8 8.1 5.6 5.5 4.1 2.4 1.3 MC – FEBRUARY 2015 (2/ 7) The economic activity with the greatest net balance of mercantile companies created was Trade, with 1,435 new companies. On the contrary, Transportation and storage registered the lowest net balance, with 188 companies created. Net balance of mercantile companies created by main economic activity. February 2015 Trade Construction and property development Professional, scientific and technical activities Real state, financial and insurance activities Accommodation and catering Other services Industry and energy Agriculture and fishing Information and communications Administrative and support service activities Transport and storage 1,435 1,230 756 691 679 525 392 255 245 244 188 The economic activity with the greatest capital subscribed of the mercantile companies created was Real state, financial and insurance activities, with 238.88 million euros. In turn, Information and communications presented the lowest capital subscribed, with 3.21 million euros. Capital subscribed of mercantile companies created by main economic activity (thousands of euros). February 2015 Real state, financial and insurance activities Other services Construction and property development Trade Agriculture and fishing Industry and energy Accommodation and catering Professional, scientific and technical activities Transport and storage Administrative and support service activities Information and communications 238.883 123,305 103,505 29,878 20,981 20,761 17,892 14,770 8,231 6,058 3,209 MC – FEBRUARY 2015 (3/ 7) Results by Autonomous Communities The Autonomous Communities with the greatest number of mercantile companies created in February were Comunidad de Madrid (1,846), Cataluña (1,704) and Andalucía (1,450). Conversely, the Autonomous Communities where less mercantile companies were created were La Rioja (30), Cantabria (54) and Comunidad Foral de Navarra (84). Regarding the dissolved mercantile companies, the Autonomous Communities that presented the highest number of dissolutions were Comunidad de Madrid (473), Andalucía (261) and Cataluña (236). In turn, those with the lowest number of dissolutions were Comunidad Foral de Navarra (12), La Rioja (13) and Cantabria (30). Mercantile companies created and dissolved by Autonomous Communities. February 2015 Created Number TOTAL Andalucía Aragón Asturias, Principado de Balears, Illes Canarias Cantabria Castilla y León Castilla - La Mancha Cataluña Com unitat Valenciana Extremadura Galicia Madrid, Comunidad de Murcia, Región de Navarra, Com unidad Foral de País Vasco Rioja, La Dissolved % Annual variation Number % Annual variation 8,712 -3.0 2,072 1,450 3.4 261 -2.5 -9.4 179 -1.1 66 -37.7 111 -20.7 44 7.3 280 15.2 75 -18.5 297 -17.7 83 -4.6 54 -38.6 30 -3.2 253 -8.7 122 15.1 241 -11.1 40 -29.8 1,704 2.6 236 4.0 1,109 0.8 185 -4.6 128 -8.6 35 0.0 391 7.7 166 21.2 1,846 -5.4 473 1.1 241 -15.7 50 85.2 -45.5 84 -22.9 12 295 -13.5 177 0.0 30 -30.2 13 -55.2 MC – FEBRUARY 2015 (4/ 7) In terms of annual rates of the number of mercantile companies created, Illes Balears (15.2%), Galicia (7.7%) and Andalucía (3.4%) recorded the highest rates. In turn, Cantabria (–38.6%), La Rioja (–30.2%) and Comunidad Foral de Navarra (–22.9%) registered the greatest decreases. Regarding the mercantile companies dissolved, Región de Murcia (85.2%), Galicia (21.2%) and Castilla y León (15.1%) were the only Autonomous Communities to register positive rates. In turn, the Autonomous Communities registering the lowest annual rates were La Rioja (– 55.2%) and Aragón (–37.7%). Annual variation in mercantile companies created by Autonomous Communities. February 2015 Balears, Illes Annual variation in mercantile companies dissolved by Autonomous Communit. February 2015 15.2 Galicia 7.7 Murcia, Región de 3.4 Castilla y León Cataluña 2.6 Asturias, Principado de Comunitat Valenciana 0.8 Andalucía Aragón -1.1 TOTAL -3.0 Madrid, Comunidad de -5.4 Extremadura -8.6 Castilla y León -8.7 Castilla - La Mancha -11.1 País Vasco -13.5 Murcia, Región de -15.7 Canarias -17.7 Asturias, Principado de -20.7 Navarra, Comunidad Foral de Rioja, La Cantabria -22.9 -30.2 -38.6 85,2 Galicia 21.2 15.1 7.3 Cataluña 4.0 Madrid, Comunidad de 1.1 País Vasco 0.0 Extremadura 0.0 TOTAL -2.5 Cantabria -3.2 Comunitat Valenciana -4.6 Canarias -4.6 Andalucía -9.4 Balears, Illes -18.5 Castilla - La Mancha -29.8 Aragón Navarra, Comunidad Foral de Rioja, La -37.7 -45.5 -55.2 MC – FEBRUARY 2015 (5/ 7) Mercantile Companies Statistics February 2015. Provisional data MC.1 Mercantile companies created Capital in thousands of euros General total* Number Capital Subscribed Disbursed TOTAL Andalucía Almería Cádiz Córdoba Granada Huelva Jaén Málaga Sevilla Aragón Huesca Teruel Zaragoza Asturias, Principado de Balears, Illes Canarias Palmas, Las Santa Cruz de Tenerife Cantabria Castilla y León Avila Burgos León Palencia Salamanca Segovia Soria Valladolid Zamora Castilla La Mancha Albacete Ciudad Real Cuenca Guadalajara Toledo Cataluña Barcelona Girona Lleida Tarragona Comunitat Valenciana Alicante/Alacant Castellón/Castelló Valencia/València Extremadura Badajoz Cáceres Galicia Coruña, A Lugo Ourense Pontevedra Madrid, Comunidad de Murcia, Región de Navarra, Comunidad Foral de País Vasco Araba/Alava Bizkaia Gipuzkoa Rioja, La Ceuta Melilla 8,712 1,450 125 122 107 159 64 51 456 366 179 29 11 139 111 280 297 168 129 54 253 12 34 51 11 44 18 4 57 22 241 54 70 18 19 80 1,704 1,353 143 72 136 1,109 489 96 524 128 80 48 391 173 42 36 140 1,846 241 84 295 48 177 70 30 10 9 587,473 102,113 30,855 6,592 16,218 15,397 1,058 1,151 19,212 11,630 2,953 249 137 2,567 5,751 10,441 7,911 2,933 4,978 1,239 13,117 225 4,032 1,526 626 2,089 2,582 857 629 551 26,232 395 769 171 85 24,812 133,633 125,734 2,842 2,429 2,628 82,415 28,211 2,046 52,158 1,707 1,279 428 30,134 21,780 1,602 276 6,476 127,235 28,613 1,987 11,443 1,749 3,268 6,426 482 31 40 * The general total includes collective societies and partnership companies 15th April 2015 568,351 101,978 30,810 6,592 16,218 15,397 1,058 1,151 19,167 11,585 2,953 249 137 2,567 5,751 10,441 7,911 2,933 4,978 1,239 13,117 225 4,032 1,526 626 2,089 2,582 857 629 551 8,380 395 769 171 85 6,960 133,213 125,314 2,842 2,429 2,628 82,415 28,211 2,046 52,158 1,707 1,279 428 30,134 21,780 1,602 276 6,476 126,521 28,613 1,987 11,443 1,749 3,268 6,426 482 31 40 Public limited company Number Capital Subscribed Disbursed 57 8 2 0 1 0 0 0 4 1 0 0 0 0 0 0 2 0 2 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 5 5 0 0 0 5 2 1 2 0 0 0 0 0 0 0 0 34 0 1 0 0 0 0 0 0 0 76,723 490 120 0 60 0 0 0 250 60 0 0 0 0 0 0 560 0 560 0 60 0 0 0 0 60 0 0 0 0 23,803 0 0 0 0 23,803 980 980 0 0 0 3,080 2,460 60 560 0 0 0 0 0 0 0 0 47,690 0 60 0 0 0 0 0 0 0 57,602 355 75 0 60 0 0 0 205 15 0 0 0 0 0 0 560 0 560 0 60 0 0 0 0 60 0 0 0 0 5,951 0 0 0 0 5,951 560 560 0 0 0 3,080 2,460 60 560 0 0 0 0 0 0 0 0 46,976 0 60 0 0 0 0 0 0 0 Private limited company Number Capital Subscribed Disbursed 8,654 1,442 123 122 106 159 64 51 452 365 179 29 11 139 111 280 295 168 127 54 252 12 34 51 11 43 18 4 57 22 240 54 70 18 19 79 1,699 1,348 143 72 136 1,104 487 95 522 128 80 48 390 173 41 36 140 1,812 241 83 295 48 177 70 30 10 9 510,669 101,623 30,735 6,592 16,158 15,397 1,058 1,151 18,962 11,570 2,953 249 137 2,567 5,751 10,441 7,351 2,933 4,418 1,239 13,057 225 4,032 1,526 626 2,029 2,582 857 629 551 2,429 395 769 171 85 1,009 132,653 124,754 2,842 2,429 2,628 79,335 25,751 1,986 51,598 1,707 1,279 428 30,053 21,780 1,521 276 6,476 79,545 28,613 1,927 11,443 1,749 3,268 6,426 482 31 40 510,669 101,623 30,735 6,592 16,158 15,397 1,058 1,151 18,962 11,570 2,953 249 137 2,567 5,751 10,441 7,351 2,933 4,418 1,239 13,057 225 4,032 1,526 626 2,029 2,582 857 629 551 2,429 395 769 171 85 1,009 132,653 124,754 2,842 2,429 2,628 79,335 25,751 1,986 51,598 1,707 1,279 428 30,053 21,780 1,521 276 6,476 79,545 28,613 1,927 11,443 1,749 3,268 6,426 482 31 40 February 2015. Provisional data MC.2 Mercantile companies that increase capital and are dissolved Capital in thousands of euros Increase capital General total* Number Capital TOTAL Andalucía Almería Cádiz Córdoba Granada Huelva Jaén Málaga Sevilla Aragón Huesca Teruel Zaragoza Asturias, Principado de Balears, Illes Canarias Palmas, Las Santa Cruz de Tenerife Cantabria Castilla y León Avila Burgos León Palencia Salamanca Segovia Soria Valladolid Zamora Castilla La Mancha Albacete Ciudad Real Cuenca Guadalajara Toledo Cataluña Barcelona Girona Lleida Tarragona Comunitat Valenciana Alicante/Alacant Castellón/Castelló Valencia/València Extremadura Badajoz Cáceres Galicia Coruña, A Lugo Ourense Pontevedra Madrid, Comunidad de Murcia, Región de Navarra, Comunidad Foral de País Vasco Araba/Alava Bizkaia Gipuzkoa Rioja, La Ceuta Melilla 3,361 468 54 35 57 53 35 18 95 121 80 16 8 56 55 108 89 48 41 20 126 10 22 25 6 14 4 5 34 6 106 29 21 14 11 31 758 593 54 62 49 341 110 43 188 52 33 19 174 84 19 16 55 673 128 33 132 18 72 42 17 1 0 Public limited company Number Capital 2,162,448 349,474 17,469 18,855 13,351 39,323 9,336 2,788 65,998 182,354 66,095 3,424 16,997 45,674 38,050 79,845 36,748 16,975 19,773 7,445 39,934 1,772 12,137 6,173 242 6,853 579 729 9,131 2,318 21,648 7,288 1,178 1,907 3,131 8,144 415,931 354,617 23,272 16,470 21,572 255,096 91,398 39,991 123,707 21,140 16,665 4,475 124,537 76,243 9,290 9,692 29,312 541,671 42,633 17,355 97,068 22,055 64,165 10,848 7,685 92 0 * The general total includes collective societies and partnership companies MC (TABLES ANNEX) - FEBRUARY 2015 233 27 5 1 6 1 1 0 3 10 8 0 4 4 5 4 11 8 3 3 10 1 0 4 0 0 0 2 3 0 1 0 0 0 0 1 47 38 2 5 2 14 6 4 4 5 4 1 9 4 2 1 2 71 4 0 13 4 7 2 1 0 0 463,547 105,620 3,893 1,375 1,859 52 480 0 15,202 82,759 34,286 0 10,516 23,770 7,960 15,440 4,817 4,179 638 1,857 2,938 470 0 780 0 0 0 657 1,031 0 433 0 0 0 0 433 55,086 45,506 6,040 3,165 375 47,590 977 1,381 45,232 6,172 5,288 884 11,906 10,751 160 689 306 154,442 1,359 0 13,533 6,789 6,547 197 108 0 0 Private limited company Number Capital 3,128 441 49 34 51 52 34 18 92 111 72 16 4 52 50 104 78 40 38 17 116 9 22 21 6 14 4 3 31 6 105 29 21 14 11 30 711 555 52 57 47 327 104 39 184 47 29 18 165 80 17 15 53 602 124 33 119 14 65 40 16 1 0 1,698,901 243,853 13,575 17,480 11,492 39,271 8,856 2,788 50,796 99,595 31,809 3,424 6,481 21,904 30,091 64,406 31,930 12,795 19,135 5,588 36,997 1,302 12,137 5,394 242 6,853 579 72 8,100 2,318 21,216 7,288 1,178 1,907 3,131 7,712 360,845 309,111 17,232 13,305 21,197 207,506 90,421 38,610 78,475 14,969 11,377 3,592 112,631 65,492 9,130 9,003 29,006 387,229 41,274 17,355 83,535 15,266 57,618 10,651 7,576 92 0 Dissolved Total VolunMergOther tary ed Number Number Number Number 2,072 261 16 25 34 36 9 17 57 67 66 13 1 52 44 75 83 47 36 30 122 2 19 25 7 13 8 3 31 14 40 2 12 12 5 9 236 129 54 8 45 185 56 52 77 35 22 13 166 73 8 17 68 473 50 12 177 31 86 60 13 1 3 1,520 214 14 24 30 19 7 16 48 56 54 10 1 43 26 69 71 44 27 24 86 2 16 21 4 12 6 3 12 10 24 0 6 10 4 4 134 50 41 5 38 107 39 45 23 29 16 13 142 62 8 16 56 385 14 2 125 19 57 49 10 1 3 148 10 1 1 0 1 1 0 2 4 2 0 0 2 5 2 4 2 2 1 19 0 1 2 0 0 1 0 15 0 1 0 0 0 0 1 8 7 0 1 0 11 0 4 7 2 2 0 7 6 0 0 1 36 20 2 18 4 9 5 0 0 0 404 37 1 0 4 16 1 1 7 7 10 3 0 7 13 4 8 1 7 5 17 0 2 2 3 1 1 0 4 4 15 2 6 2 1 4 94 72 13 2 7 67 17 3 47 4 4 0 17 5 0 1 11 52 16 8 34 8 20 6 3 0 0