MIRA
INFORM REPORT
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Report Date : |
1st June 2006 |
IDENTIFICATION DETAILS
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Name : |
PROCTER & GAMBLE INTERNATIONAL
OPERATIONS SA |
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Registered
Office : |
Loma Florida Nº 32, Colonia Lomas de Vista Hermosa, Cuajimalpa, Mexico DF, MEXICO |
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Country : |
Mexico |
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Date of
Incorporation : |
13th April 2000 |
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Legal Form : |
Joint-Stock Company |
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Line of
Business : |
Engaged in the business of manufacturing,
importation and trading of mass consumer products: Toiletries; disposable
products; perfumes and fragrances; cleaning
articles; chemical substances, among other |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Regular |
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Litigation : |
Clear |
IDENTIFICATION
CORRECT COMPANY
NAME : PROCTER & GAMBLE
INTERNATIONAL OPERATIONS SA
TAXPAYER
REGISTRATION : RFC P&G000413AH9
OPERATING STATUS : Active
MAIN ADDRESS : Loma Florida Nº 32, Colonia Lomas de Vista Hermosa,
Cuajimalpa
CITY/PROVINCE/STATE :
Mexico DF
COUNTRY : MEXICO
TELEPHONE : (5255)5724.2000
FAX : (5255)5724.2024
WEB SITE : www.pg.com.mx
QUALIFICATION
RATING : COMPANY REFUSED
INFORMATION
PAYMENTS : LITTLE CREDIT EXPERIENCE AVAILABLE
LEGAL BACKGROUNDS
LEGAL STATUS :
Joint-Stock Company
DATE OF
INCORPORATION : 13APR2000
SHAREHOLDERS'
EQUITY : US$17,477,000,000.=
(30/06/05-CONSOLIDATED)
LISTED AT STOCK
EXCHANGE : No
CURRENT EXCHANGE
RATE :
P$11.28 per USD1
COMMENTS .-
Incorporation could
not be found out, neither the amount of the capital stock.
Subject is a member
of the European Organization for Caries Research-Orca.
DIRECTORS / EXECUTIVES /
SHAREHOLDERS
FULL NAMES / COMPANY
NAME TITLE OWNERSHIP
%
DONATIENNE DE
FONTAINES, GUILLAUME Commercial
V/President
DIDIER, ROSSI Services General Manager
THE PROCTER &
GAMBLE CO. Shareholder Yes
WHO IS WHO ?
THE PROCTER &
GAMBLE CO.
Subject has been operating for over 165 years.
It is a US based company, founded on October 31st, 1837 by William
Procter and James
Gamble.
It started as a small company manufacturing candles and soaps in the
City of Cincinnati, Ohio
(USA). Nowadays, its sales exceed
40 Thousand Million Dollars annually, its goodwilll, trademarks and consumer
goods it produces are recognized in homes around the world.
PROCTER & GAMBLE operates in 80 countries around the world and
sells more than 300 trademarks brands in more than 140 nations.
It hires approximately 110 thousand people worldwide.
RELATED COMPANY(IES)
Subject Company is a
subsidiary of the firm THE PROCTER & GAMBLE COMPANY, headquartered in the
United States.
In Mexico, Subject is
directly related to the companies listed below:
COMPANY NAME COUNTRY TAX.REG. RELATION
PROCTER & GAMBLE MANUFACTURA S DE RL DE CV MEXICO P&G4803059U8
Related
PROCTER & GAMBLE MEXICO S DE RL MEXICO Related
THE PROCTER &
GAMBLE CO. U.S.A. Parent Co.
BUSINESS
MAIN ACTIVITY .-
Manufacture,
importation and trading of mass consumer products: Toiletries; disposable
products; perfumes and fragrances;
cleaning articles; chemical substances, among other.
Trademarks: ARIEL,
BOLD, SALVO, RINDEX, DOWNY, ESCUDO, ZEST, CAMAY, VICK, PEPTO BISMOL, CREST,
PANTENE, CHARMIN, ALWAYS, etc.
IMPORT :
Yes (from USA, France,
Germany)
EXPORT :
Yes
% CREDIT
SALES/TERMS : 100% within 30 days
% DOMESTIC PURCHASES : 50%
% FOREIGN
PURCHASES : 50%
SELLING
TERRITORY : National and
international markets
EMPLOYEES : (*)
FACILITIES .-
Use : Representation offices
Remarks and other
Premises .-
Corporate offices are
shared with Mexican affiliates: Procter & Gamble Mexico S de RL de CV, Procter & Gamble Manufactura S de RL de
CV.
Registered offices
and Parent Company: 47 Route de Saint Georges 1213, Peti-Lancy, Genva,
Switzerland. Telephone: 4122
7096111/7097320/8704320
COMMENTS .-
(*) Subject does not
have a payroll hired directly.
FINANCIAL INFORMATION
This report has had
to be prepared based on the information collected from outside sources since
Subject declined to provide information under strict confidential policies.
PROCTER & GAMBLE
INTERNATIONAL OPERATIONS SA is a trading company of Swiss origin,
established in Mexico
in 2001.
Furthermore, it is
supported by the transnational THE PROCTER & GAMBLE COMPANY.
Thus, the following
are the CONSOLIDATED BALANCE SHEET OF THE PROCTER & GAMBLE COMPANY AND
SUBSIDIARIES for the Fiscal Year ended as of June 30th, 2005.
In addition
consolidated balance sheet for the previous fiscal year 2004 is included for
reference.
CONSOLIDATED BALANCE
SHEET OF THE PROCTER & GAMBLE COMPANY AND SUBSIDIARIES
AS OF JUNE 30, 2005
FIGURES EXPRESSED IN
DOLLARS
BALANCE SHEET DATE : 30JUN2005 30JUN2004
TYPE OF BALANCE SHEET : Annual
Annual
BALANCE SHEET OF : 12 months
12 months
CURRENCY : US$ Dollars
US$ Dollars
EXCHANGE RATE PER US$ : 1.00 1.00
ASSETS
TOTAL CURRENT
: 20,329,000,000.00
17,115,000,000.00
FIXED
: 14,332,000,000.00
14,108,000,000.00
OTHERS
: 26,866,000,000.00
25,825,000,000.00
TOTAL ASSETS : 61,527,000,000.00 57,048,000,000.00
LIABILITIES
TOTAL CURRENT
: 44,050,000,000.00
39,770,000,000.00
TOTAL EQUITY
: 17,477,000,000.00 17,278,000,000.00
TOTAL LIABILITIES : 61,527,000,000.00 57,048,000,000.00
SALES : 56,741,000,000.00 51,407,000,000.00
PROFIT (LOSS) : 6,923,000,000.00 6,156,000,000.00
LIQUIDITY RATIO : 0.46 (Current Assets/Current Liabilities)
DEBT-TO-EQUITY
RATIO: 39.68%
(Shareholders'equity/Current Liabilities)
PROFITABILITY
MARGIN: 12.20%
(Profits/Sales)
WORKING CAPITAL :
-23,721,000,000.00 (Current Assets - Current Liabilities)
PAYMENTS RECORD
TRADE REFERENCES .-
Line of Credit _ Monthly
Average Terms(days)) Performance? _ Products/Services Supplier
1 Ps$ No
specified Ps$ No specified No
specified Prompt Sulphur
Domestic
LIST OF DOMESTIC
SUPPLIERS .-
Suppliers listed Alphabetically.
There is not relationship as for the order above
Supplier _
Petróleos Mexicanos PEMEX
LIST OF FOREIGN
SUPPLIERS .-
Suppliers listed Alphabetically.
There is not relationship as for the order above
Supplier _ Country _
Jean Patou FRANCE
Wella AG
GERMANY
BANKING INFORMATION
BANKERS
It appears Subject
would hold accounts in Swiss banks. No more information was provided.
GENERAL INFORMATION
In Mexico, Subject
has been granted an authorization to buy, store and sell chemical substances,
effective until December 31, 2005, issued by the Dirección General del Registro Federal de Armas de Fuego y Control de
Explosivos (National Bureau of the Federal Registry of
Fire Guns and Explosives Control).
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an
extremely sound financial base with the strongest capability for timely
payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall
operation is considered normal. Capable to meet normal commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable
& favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average/normal. |
Small |
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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 |
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<10 |
C |
Absolute credit
risk exists. Caution needed to be exercised |
Credit not
recommended |