MIRA
INFORM REPORT
|
Report Date : |
1st June 2006 |
IDENTIFICATION
DETAILS
|
Name : |
KOENIG & BAUER AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Friedrich-Koenig-Str.
4 97080 Würzburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Date of Incorporation : |
1817 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
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|
Com. Reg. No. : |
HRB 109 |
|
|
|
|
Line of Business : |
Manufacture of machinery for paper production |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Maximum Credit Limit : |
EUR 250.000,00 |
|
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|
Status : |
Satisfactory |
|
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Payment Behaviour : |
Usually Correct |
|
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|
Litigation : |
Clear |
NAME & ADDRESS
KOENIG
& BAUER AKTIENGESELLSCHAFT
Friedrich-Koenig-Str.
4
97080
Würzburg
Telephone:
0931/909-0
Telefax: 0931/909-4101
Homepage: www.kba-print.de
E-Mail: kba-wuerzburg@kba-print.de
LEGAL FORM
Public
limited company
Date of foundation
1817
Registered on
12.07.1920
Commercial Register
Local
court 97070 WÜRZBURG
Under
HRB 109
Share capital
EUR 42.157.622,00
Shareholder
Dr.-Ing.
Hans-Bernhard Bolza-Schünemann
Otto-Nagler-Str.
17
97074
Würzburg
born
20.05.1926
Share: 8,24 %
Shareholder
Dipl.-Ing.
Rupert Hatschek
A -
Wien/Österreich
Share: 10,03 %
Shareholder
HBS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 30.000,00
Share: 6,20 %
Reg.
Data: 28.12.2001
HRB 7604
97070
WÜRZBURG
Shareholder
Maria
Anna Christine Bolza gen. Marianne
Weg zur
Zeller Waldspitze
97082
Würzburg
born:
Engert
born
05.02.1916
Share: 3,97 %
Shareholder
K &
B Holding GmbH
97070
Würzburg
Legal
form: Private limited company
Share
capital: EUR 9.203.253,86
Share: 10,34 %
Reg.
Data: 01.01.1900
HRB 4131
97070
WÜRZBURG
President of the Board of Directors
Albrecht
Bolza-Schünemann
Bennostr.
27a
01445
Radebeul
born
31.08.1952
Occupation:
Fully qualified engineer
Vice-president of the Board of Directors
Claus
Bolza-Schünemann
Spitalweg
8
97082
Würzburg
born
11.07.1956
Occupation:
Fully qualified engineer
Marital
status: married
spouse Christiane Bolza-Schünemann
born on
08.04.1958
Member of the Board of Directors
Dr.
Frank Junker
01445
Radebeul
born
22.09.1944
Occupation:
Engineer
Member of the Board of Directors
Christoph
Müller
67246
Dirmstein
born
21.01.1961
Member of the Board of Directors
Walter
Schumacher
Otto-Hahn-Str.
118
97218
Gerbrunn
Occupation:
Fully qualified engineer
Deputy of the Board of Directors
Andreas
Mößner
Clara-Zetkin-Str.
20
01445
Radebeul
born
24.11.1963
Occupation:
Fully qualified management
expert
Marital
status: married
spouse Evelyn Mößner
President of the Supervisory Board
Peter
Reimpell
Maria
Eich Str. 50 b
82166
Gräfelfing
Occupation:
Bank Clerk
Marital
status: married
Vice-president of the Supervisory Board
Dr.-Ing.
Hans-Bernhard Bolza-Schünemann
Otto-Nagler-Str.
17
97074
Würzburg
born
20.05.1926
Occupation:
Fully qualified physicist
Marital
status: married
Member of the Supervisory Board
Reinhart
Siewert
Johannes-Kepler-Str.
24
97074
Würzburg
Occupation:
Businessman
Marital
status: married
Member of the Supervisory Board
Dipl.-Ing.
Rupert Hatschek
A
- Wien/Österreich
Member of the Supervisory Board
Prof.Dr.-Ing.
Horst Peter Wölfel
Quellenstr.
6
97204
Höchberg
born
16.06.1941
Occupation:
Engineer
Marital
status: married
Member of the Supervisory Board
Dieter
Rampl
Magnolienweg
7a
81377
München
Marital
status: married
Member of the Supervisory Board
Beate
Grabmair
67227
Frankenthal
Representative of the Employees within the Supervisory Board
Alfred
Kuffler
67227
Frankenthal
Representative of the Employees within the Supervisory Board
Werner
Ring
97070
Würzburg
Representative of the Employees within the Supervisory Board
Peter
Hanzelka
01640
Coswig
Representative of the Employees within the Supervisory Board
Gottfried
Weippert
Gabelgasse
14
97246
Eibelstadt
born
19.02.1960
Occupation:
Technical employee
Marital
status: married
Proxy
Dr.
Peter Jargstorf
Augustusweg
103
01445
Radebeul
authorized
to jointly represent the company
born
04.09.1940
Proxy
Gerhard
Frank
68159
Mannheim
authorized
to jointly represent the company
Proxy
Volker
Schiele
67059
Ludwigshafen
authorized
to jointly represent the company
born
29.09.1955
Proxy
Jens
Junker
Kynastweg
2
01445
Radebeul
authorized
to jointly represent the company
born
07.04.1964
Occupation:
Fully qualified engineer
Proxy
Günter
Drossel
Weinbergstr.
37
01445
Radebeul
authorized
to jointly represent the company
born
15.08.1962
Marital
status: married
Proxy
Bernhard
Harant
97264
Helmstadt
authorized
to jointly represent the company
born
08.03.1959
Proxy
Rudolf
Kühner
97222
Rimpar
authorized
to jointly represent the company
born
05.02.1949
Proxy
Volker
Zänßler
21258
Heidenau
authorized
to jointly represent the company
born
05.12.1949
Proxy
Irene
Josberger-Schwital
97299
Zell
authorized
to jointly represent the company
born
19.11.1960
Further
functions/participations of Albrecht Bolza-Schünemann
(President
of the Board of Directors)
Limited Partner
Carl
Ed. Schünemann KG
Zweite
Schlachtpforte 5/7
Post
Box: 10 60 67
28195
Bremen
Legal
form: Limited partnership
Total
cap. contribution: EUR 440.222,06
Share: EUR 53.174,36
Reg.
Data: 31.12.1860
HRA
12927
28195
BREMEN
Shareholder
ABS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Share: EUR 25.000,00
Reg.
Data: 28.12.2001
HRB
7605
97070
WÜRZBURG
Shareholder
Bolza
Holding GmbH
Weg
zur Zeller Waldspitze
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.500,00
Share: EUR 3.300,00
Reg.
Data: 30.05.2001
HRB
7425
97070
WÜRZBURG
Shareholder
HBS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 30.000,00
Share: EUR 2.400,00
Reg.
Data: 28.12.2001
HRB
7604
97070
WÜRZBURG
Manager
ABS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Reg.
Data: 28.12.2001
HRB
7605
97070
WÜRZBURG
President of the Board of Directors
Kammermusik
Festival Schloß Moritzburg e.V.
Maxstr.
8
01067
Dresden
Legal
form: Registered association
Reg.
Data: 13.07.1993
VR
1746
01099
DRESDEN
Further functions/participations of Claus Bolza-Schünemann (Vice-
president of the Board of Directors)
Limited Partner
Carl
Ed. Schünemann KG
Zweite
Schlachtpforte 5/7
Post
Box: 10 60 67
28195
Bremen
Legal
form: Limited partnership
Total
cap. contribution: EUR 440.222,06
Share: EUR 53.174,36
Reg.
Data: 31.12.1860
HRA
12927
28195
BREMEN
Shareholder
CBS
Holding GmbH
Spitalweg
8
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Share: EUR 25.000,00
Reg.
Data: 01.02.2002
HRB
7646
97070
WÜRZBURG
Shareholder
Bolza
Holding GmbH
Weg
zur Zeller Waldspitze
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.500,00
Share: EUR 3.300,00
Reg.
Data: 30.05.2001
HRB
7425
97070
WÜRZBURG
Shareholder
HBS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 30.000,00
Share: EUR 2.400,00
Reg.
Data: 28.12.2001
HRB
7604
97070
WÜRZBURG
Manager
CBS
Holding GmbH
Spitalweg
8
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Reg.
Data: 01.02.2002
HRB
7646
97070
WÜRZBURG
Member of the Supervisory Board
KBA-Metronic
AG
Benzstr.
11
97209
Veitshöchheim
Legal
form: Public limited company
Share
capital: EUR 4.600.000,00
Reg.
Data: 28.09.2000
HRB
7135
97070 WÜRZBURG
NAME & ADDRESS
KOENIG
& BAUER AKTIENGESELLSCHAFT
Friedrich-Koenig-Str.
4
97080
Würzburg
Telephone:
0931/909-0
Telefax: 0931/909-4101
Homepage: www.kba-print.de
E-Mail: kba-wuerzburg@kba-print.de
VAT no.
DE
134165982
CONCLUSION
The
maximum credit is EUR 250.000,00.
Business
relations are permissible.
LEGAL FORM
Public
limited company
Date of foundation
1817
Registered on
12.07.1920
Commercial Register
Local
court 97070 WÜRZBURG
Under
HRB
109
Share capital
EUR 42.157.622,00
Shareholder
Dr.-Ing.
Hans-Bernhard Bolza-Schünemann
Otto-Nagler-Str.
17
97074
Würzburg
born
20.05.1926
Share: 8,24 %
Shareholder
Dipl.-Ing.
Rupert Hatschek
A -
Wien/Österreich
Share:
10,03 %
Shareholder
HBS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 30.000,00
Share: 6,20 %
Reg.
Data: 28.12.2001
HRB
7604
97070
WÜRZBURG
Shareholder
Maria
Anna Christine Bolza gen. Marianne
Weg
zur Zeller Waldspitze
97082
Würzburg
born:
Engert
born
05.02.1916
Share:
3,97 %
Shareholder
K
& B Holding GmbH
97070
Würzburg
Legal
form: Private limited company
Share
capital: EUR 9.203.253,86
Share:
10,34 %
Reg.
Data: 01.01.1900
HRB
4131
97070
WÜRZBURG
President of the Board of Directors
Albrecht
Bolza-Schünemann
Bennostr.
29
01445
Radebeul
born
31.08.1952
Occupation:
Fully qualified engineer
Vice-president of the Board of Directors
Claus
Bolza-Schünemann
Spitalweg
8
97082
Würzburg
born
11.07.1956
Occupation:
Fully qualified engineer
Marital
status: married
spouse Christiane Bolza-Schünemann
born
on 08.04.1958
Member of the Board of Directors
Dr.
Frank Junker
01445
Radebeul
born
22.09.1944
Occupation:
Engineer
Member of the Board of Directors
Walter
Schumacher
Otto-Hahn-Str.
118
97218
Gerbrunn
Occupation:
Fully qualified engineer
Deputy of the Board of Directors
Andreas
Mößner
Clara-Zetkin-Str.
20
01445
Radebeul
born
24.11.1963
Occupation:
Fully qualified management expert
Marital
status: married
spouse Evelyn Mößner
President of the Supervisory Board
Peter
Reimpell
Maria
Eich Str. 50 b
82166
Gräfelfing
Occupation:
Bank Clerk
Marital
status: married
Vice-president of the Supervisory Board
Dr.-Ing.
Hans-Bernhard Bolza-Schünemann
Otto-Nagler-Str.
17
97074
Würzburg
born
20.05.1926
Occupation:
Fully qualified physicist
Marital
status: married
Member of the Supervisory Board
Reinhart
Siewert
Johannes-Kepler-Str.
24
97074
Würzburg
Occupation:
Businessman
Marital
status: married
Member of the Supervisory Board
Dipl.-Ing.
Rupert Hatschek
A -
Wien/Österreich
Member of the Supervisory Board
Prof.Dr.-Ing.
Horst Peter Wölfel
Quellenstr.
6
97204
Höchberg
born
16.06.1941
Occupation:
Engineer
Marital
status: married
Member of the Supervisory Board
Dieter
Rampl
Magnolienweg
7a
81377
München
Marital
status: married
Member of the Supervisory Board
Beate
Grabmair
67227
Frankenthal
Representative of the Employees within the Supervisory Board
Alfred
Kuffler
67227
Frankenthal
Representative of the Employees within the Supervisory Board
Werner
Ring
97070
Würzburg
Representative of the Employees within the Supervisory Board
Peter
Hanzelka
01640
Coswig
Representative of the Employees within the Supervisory Board
Gottfried
Weippert
Gabelgasse
14
97246
Eibelstadt
born
19.02.1960
Occupation:
Technical employee
Marital
status: married
Proxy
Dr.
Peter Jargstorf
Augustusweg
103
01445
Radebeul
authorized
to jointly represent the company
born
04.09.1940
Proxy
Gerhard
Frank
68159
Mannheim
authorized
to jointly represent the company
Proxy
Volker
Schiele
67059
Ludwigshafen
authorized
to jointly represent the company
born
29.09.1955
Proxy
Jens
Junker
Kynastweg
2
01445
Radebeul
authorized
to jointly represent the company
born
07.04.1964
Occupation:
Fully qualified engineer
Proxy
Günter
Drossel
Bennostr.
12
01445
Radebeul
authorized
to jointly represent the company
born
15.08.1962
Marital
status: married
Proxy
Christoph
Müller
67246
Dirmstein
authorized
to jointly represent the company
born
21.01.1961
Proxy
Bernhard
Harant
97264
Helmstadt
authorized
to jointly represent the company
born
08.03.1959
Proxy
Rudolf
Kühner
97222
Rimpar
authorized
to jointly represent the company
born
05.02.1949
Proxy
Volker
Zänßler
21258
Heidenau
authorized
to jointly represent the company
born
05.12.1949
Proxy
Irene
Josberger-Schwital
97299
Zell
authorized
to jointly represent the company
born
19.11.1960
Further
functions/participations of Albrecht Bolza-Schünemann
(President
of the Board of Directors)
Limited Partner
Carl
Ed. Schünemann KG
Zweite
Schlachtpforte 5/7
Post
Box: 10 60 67
28195
Bremen
Legal
form: Limited partnership
Total
cap. contribution: EUR 440.222,06
Share:
EUR
53.174,36
Reg.
Data: 31.12.1860
HRA
12927
28195
BREMEN
Shareholder
ABS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Share: EUR 25.000,00
Reg.
Data: 28.12.2001
HRB
7605
97070
WÜRZBURG
Shareholder
Bolza
Holding GmbH
Weg
zur Zeller Waldspitze
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.500,00
Share: EUR 3.300,00
Reg.
Data: 30.05.2001
HRB
7425
97070
WÜRZBURG
Shareholder
HBS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 30.000,00
Share: EUR 2.400,00
Reg.
Data: 28.12.2001
HRB
7604
97070
WÜRZBURG
Manager
ABS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Reg.
Data: 28.12.2001
HRB
7605
97070
WÜRZBURG
President of the Board of Directors
Kammermusik
Festival Schloß Moritzburg e.V.
Maxstr.
8
01067
Dresden
Legal
form: Registered association
Reg.
Data: 13.07.1993
VR
1746
01099
DRESDEN
Further functions/participations of Claus Bolza-Schünemann (Vice-
president of the Board of Directors)
Limited Partner
Carl
Ed. Schünemann KG
Zweite
Schlachtpforte 5/7
Post
Box: 10 60 67
28195
Bremen
Legal
form: Limited partnership
Total
cap. contribution: EUR 440.222,06
Share: EUR 53.174,36
Reg.
Data: 31.12.1860
HRA
12927
28195
BREMEN
Shareholder
CBS
Holding GmbH
Spitalweg
8
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Share: EUR 25.000,00
Reg.
Data: 01.02.2002
HRB
7646
97070
WÜRZBURG
Shareholder
Bolza
Holding GmbH
Weg
zur Zeller Waldspitze
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.500,00
Share: EUR 3.300,00
Reg.
Data: 30.05.2001
HRB
7425
97070
WÜRZBURG
Shareholder
HBS
Holding GmbH
Otto-Nagler-Str.
17
97074
Würzburg
Legal
form: Private limited company
Share
capital: EUR 30.000,00
Share: EUR 2.400,00
Reg.
Data: 28.12.2001
HRB
7604
97070
WÜRZBURG
Manager
CBS
Holding GmbH
Spitalweg
8
97082
Würzburg
Legal
form: Private limited company
Share
capital: EUR 25.000,00
Reg.
Data: 01.02.2002
HRB
7646
97070
WÜRZBURG
Member of the Supervisory Board
KBA-Metronic
AG
Benzstr.
11
97209
Veitshöchheim
Legal
form: Public limited company
Share
capital: EUR 4.600.000,00
Reg.
Data: 28.09.2000
HRB
7135
97070
WÜRZBURG
BUSINESS HISTORY
1817 Druckmaschinenfabrik Friedrich König
97299 Zell
Sole proprietorship
1920 Schnellpressenfabrik König & Bauer AG
97080 Würzburg
Public limited company
1972 KOENIG & BAUER AKTIENGESELLSCHAFT
97080 Würzburg
Public limited company
BUSINESS ACTIVITIES
29550
MANUFACTURE
OF MACHINERY FOR PAPER PRODUCTION
5187
Wholesale
of other machinery (excl. Agricultural machinery)
BRANCHES AND FACTORIES
Works:
KOENIG
& BAUER AKTIENGESELLSCHAFT - Werk
Triefenstein
-
Hans-Bolzer-Str.
4
97855
Triefenstein
Legal
form: Legally dependent establishment
Branch:
KÖNIG
& BAUER AKTIENGESELLSCHAFT
Johann-Klein-Str.
1
Post
Box: 11 22
67227
Frankenthal
Legal
form: Legally dependent establishment
Branch:
KBA
Italia s.p.a.
I
Mailand
Legal
form: Legally dependent establishment
Branch:
KOENIG
& BAUER Aktiengesellschaft
66869
Kusel
Legal
form: Legally dependent establishment
Branch:
KBA-Graphic
s.a.r.l.
F
01 Tremblay
Legal
form: Legally dependent establishment
Branch:
KBA-Planeta
Aktiengesellschaft North
Amerika
Inc.
9
Hurricane Lane
USA
05495 Williston, Vermont
Legal
form: Legally dependent establishment
Branch:
KOENIG
& BAUER AKTIENGESELLSCHAFT
Niederlassung
Friedrich-List-Str.
47-49
01445
Radebeul
Legal
form: Legally dependent establishment
Branch:
Koenig
& Bauer AG Niederlassung Leipzig
04103
Leipzig
Legal
form: Legally dependent establishment
Branch:
KOENIG
& BAUER AKTIENGESELLSCHAFT -
Niederlassung
-
Friedrich-List-Str.
2
01445
Radebeul
Legal
form: Legally dependent establishment
Branch:
Koenig
& Bauer Aktiengesellschaft
Hansemannstr.
3
41468
Neuss
Legal
form: Legally dependent establishment
PARTICIPATION
Shareholder:
KBA
- Berlin GmbH
Mertensstr.
127-131
13587
Berlin
Legal
form: Private limited company dormant
Share
capital: EUR 3.100.000,00
Share: EUR 3.100.000,00
Reg.
Data: 03.02.1971
HRB
5554
14057
BERLIN-CHARLOTTENBURG
Profit
transfer agreement
Shareholder:
Bauer
und Kunzi Gesellschaft für
Drucktechnik
mit beschränkter Haftung
Zeißstr.
15
71254
Ditzingen
Legal
form: Private limited company
Share
capital: EUR 127.822,97
Share: EUR 127.822,97
Reg.
Data: 14.03.1984
HRB
202411
70190
STUTTGART 1
Shareholder:
KBA-Metronic
AG
Benzstr.
11
97209
Veitshöchheim
Legal
form: Public limited company
Share
capital: EUR 4.600.000,00
Share: 73,90 %
Reg.
Data: 28.09.2000
HRB
7135
97070
WÜRZBURG
FINANCIAL INFORMATION
Payment
experience: without complaints
Market
position: significant
REAL ESTATE
Type
of ownership: proprietor
Share: 100,00 %
Address Friedrich-Koenig-Str.
4
97080 Würzburg
Private
real estate
Name Andreas Mößner
Type
of ownership: unknown
Address Clara-Zetkin-Str.
20
01445 Radebeul
Land
register documents were not available.
BANKERS
BAYER
HYPO- UND VEREINSBANK, WÜRZBURG
Sort.
code: 79020076
DRESDNER
BANK, WÜRZBURG
Sort.
code: 79080052
DEUTSCHE
BANK, WÜRZBURG
Sort.
code: 79070016
COMMERZBANK,
WÜRZBURG
Sort.
code: 79040047
BUNDESBANK,
WÜRZBURG
Sort.
code: 79000000
POSTBANK,
NÜRNBERG, MITTELFR
Sort.
code: 76010085, Account No: 422-850
FIGURES
Financial year: 01.01.2005 -
31.12.2005
Turnover 2003
EUR 1.104.600.000,00
2004 EUR
1.230.300.000,00
Profit: 2003
EUR -39.600.000,00
2004 EUR
5.100.000,00
Share capital EUR 42.157.622,00
Ac/ts receivable: EUR 370.900.000,00
Liabilities: EUR
222.200.000,00
Real estate of the firm: EUR 187.700.000,00
Employees:
5.832
Branch number: 29550 / 5187
Approximate figures are given.
KOENIG & BAUER AKTIENGESELLSCHAFT
Niederlassung
Friedrich-List-Str.
47-49
01445
Radebeul
Telephone:
0351/8330
Telefax: 0351/8331001
LEGAL FORM
Legally
dependent establishment
BUSINESS HISTORY
1898 Druckmaschinenwerk KG
Friedrich-List-Str. 47-49
01445 Radebeul
Limited partnership
23.05.1990 KBA Planeta Aktiengesellschaft
Friedrich-List-Str. 47-49
01445 Radebeul
Public limited company
01.01.1998 KOENIG & BAUER-ALBERT
Aktiengesellschaft
Friedrich-List-Str. 47-49
01445 Radebeul
Legally dependent establishment
29.02.2000 KOENIG & BAUER
AKTIENGESELLSCHAFT
Niederlassung
Friedrich-List-Str. 47-49
01445 Radebeul
Legally dependent establishment
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |