IDENTIFICATION DETAILS

Name :	A. BAUR & COMPANY LTD

Registered Office :	Baurs Building #.5, Upper Chatham Street, Colombo-01, Sri Lanka.

Date of Incorporation :	14^th November 1975

Com. Reg. No.:	PBS 912

Legal Form :	Private Limited Liability Company

Line of Business :	Importer and distributor of Fertiliser

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory

Payment Behaviour :	Regular

Litigation :	Clear

GENERAL - Basic information at a glance

Name of Subject of Inquiry	:	A. BAUR & COMPANY LTD
Legal Form & Status	:	Private Limited Liability Company (in operation)
C.E.O	:	Mr. Thomas Frank Daetwyler
Primary Line of Business	:	Importer and distributor of Fertiliser
Main Place of Business	:	No.5, Upper Chatham Street, Colombo-01, Sri Lanka. Tel. No: (00 94 11) 232 0551 / 473 2600 Fax No: (00 94 11) 244 8493 E-Mail- baurs@baurs.com Web - www.baurs.com
Branches	:	There are Branches of the firm in Kandy and Anuradhapura.
No. of Employees	:	Approx 2000

COMPANY DETAILS - Registration and Shareholder Details

a.	Registration No		:	PBS 912
b.	Date of Registration		:	14^th November 1975 (A. Baurs & Co Ltd was founded in 1897 has more than 100 years.
c.	Registered Office		:	Baurs Building #.5, Upper Chatham Street, Colombo-01, Sri Lanka.
d.	Board Of Directors As At 09^th March 2006		:	Mr. Thomas Frank Daetwyler (Swiss)	Managing Director
				Mr. Jayendram Arulraja Setukavalar (Sri Lankan)	Director
				Mr. Lakshman Dushyantha Niyangoda (Sri Lankan)	Director
				Mr. Jayantha Senarath Bandara Ratnayake (Sri Lankan)	Director
e.	Authorised Share Capital		:	Rs. 500,000.00
f.	Issued Share Capital		:	Rs. 94,920.00
g.	Nominal Value of Share		:	Rs. 10.00
h.	Share Holders As At 26^th April 2006		:	Share Holders		No of Shears
				A. Baur & Com. Ltd (Com.Inco. in Sri Lanka)		9,477
				Mr. Wijayadewa Crosette Thambyah (Sri Lankan)		05
				Mr. Mohinee Crosette Thambyah (Sri Lankan)		05
				Mr. Jesudasan James Jesubatham		05
i.	Secretaries	:		J.A. Setukavalar
j.	Auditors	:		KPMG Ford Rhodes Thornton & Company
k.	Bankers		:	Not Disclose

CURRENT INVESTIGATION

The Subject Company A. BAUR & COMPANY LTD was originally founded in 1897 has more than 100 years and then converted to Private Limited liability Company incorporated on 14^th November 1975. The Subject Company A. BAUR & COMPANY LTD, is located at client given address.

Alfred Baur of Switzerland arrived in Sri Lanka (then known as Ceylon in 1884) , and he worked in various firms in Colombo until in 1897 when he founded his own enterprise, "A. Baur, the Ceylon Manure Works", dealing exclusively in fertilizers. To date the main line of business of the company is in the provision of fertilizer and chemicals for the agriculture sector of Sri Lanka. In over hundred years of its existence, the company has diversified in to

The subject company Primary line of business was importation of fertiliser. The subject company traditionally has owned and managed Tea & Coconut Plantations and has plans to re-enter the plantation management and primary agriculture production with local and foreign joint ventures is being sought in arias of investment and marketing coconut cultivation, growing and processing food and vegetable. The subject company has now diversified its business into the airline sector, pharmaceutical, bird watching, including, travel, accommodation, transport and tours. The subject company has a branch office named Ceylon manure works located at 260, Biyagama Road, Kelaniya, Sri Lanka. There are also two fertiliser distribution centres in kandy and Anuradhapura. which is handled by the subject company. Quite recently the subject company has been appointed sole agents for Polaroid sunglasses in Sri Lanka.

The Subject company employee strength in all locations is approx 2000 employees.

Since no financial information has been forthcoming from the company, it is not possible to comment on the merits or otherwise of the company.

No computerised data bases exist to make checks whether the partners or the company has any legal action or lawsuit initiated against any of them but informal (but not in-depth) checks do not indicate any such cases in the public knowledge.

The subject company did not provide any trade reference referrals.

ANALYSIS & RATING - Appraisal and Rating of Subject Company

Rating:
a) Business Scale	Medium / Large
b) Business Trend	Growing
c) Management Capability	Above Average
d) Commercial Morality	Above Average
e) Reputation	Above Average
f) Market Situation	Above Average

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

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