MIRA
INFORM REPORT
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Report Date : |
31-07-2007 |
IDENTIFICATION DETAILS
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Name : |
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Registered Office : |
Rodovia Br 116, km 85, S/N – |
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Country : |
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Financials (as on) : |
30.06.2006 |
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Date of Incorporation : |
04.08.1987 |
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Com. Reg. No.: |
41.201.905.870 |
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Legal Form : |
Private Limited Company |
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Line of Business : |
Industry of granites and marbles. |
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 : |
Usually Correct |
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Litigation : |
Clear |
Head information
Company name: PARANÁ GRANITOS LTDA
Trade Name: PARANÁ GRANITOS
Address: Rodovia
Br 116, km 85, S/N – Planta Baros
83513-000
– Colombo/PR - Brasil
Phone/Fax: (55-41) 3675-6906 / 3675-6579
E-mail: luciane@paranagranitos.com.br
Web Site: www.paranagranitos.com.br
Legal information
Legal Status: Private Limited Company
Incorporation date: August 04, 1987
Register number: 41.201.905.870
Tax contributor (CNPJ): 80.223.944/0001-67
Registered capital: R$290.000,00
Number of employees: 20
History
Established on August 04, 1987,
chartered at the State Commerce Registration Office of Paraná (JUCEPAR) under #
41.201.905.870, into the present registered name.
Partnership
/ Management:
ANIBAL SOUZA LOPES - 53,8%
(joined 08/1987), Brazilian, Married, CPF:
647.161.209-53
MARINEIA DE FÁTIMA SOUZA LOPES - 30,0%
(joined 09/2000), Brazilian, Divorced, CPF:
922.218.669-91
LUCIANE DO PERPÉTUO SOUZA LOPES - 16,10%
(joined 09/2005), Brazilian, Married, CPF:
647.161.2
Properties
Own building, total area: 21.000m², built up area: 5.500m²,
valued at R$600.000,00
Registered
line of business:
Industry of granites and marbles
Main Products:
90% - polished granite foils
10% - granite brutes' foils
Purchases:
95% - Domestic market
5% -
International market
Sales:
60% - Domestic market
40% - International market
Related Companies
Stock participation:
LIMAR LITORAL MÁRMORES LTDA
CNPJ: 81.460.305/0001-88
- Luciane do Perpétuo Souza Lopes - 80,00%
- Aníbal Souza Lopes - 20,00%
MINERAÇÃO IMPÉRIO DAS PEDRAS LTDA
CNPJ: 03.551.398/001-42
- Aníbal Souza Lopes - 50,00%
Financial Data
According to the Brazilian Law
Private Limited Companies are not obliged to file financial accounts for public
inspection.
The following financial statement
was obtained through outside sources consulted.
Quarterly balance sheet as of 30/06/2006 –
US$1.00 = R$1.926
Balance sheet information for fiscal year
ending:
31/12/2005 – US$1.00 = R$2,341
Figures are in (Thousands of) Reais R$:
Assets
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06/2006 |
2005 |
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Current Assets |
7.941 |
10.756 |
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Account
Receivable |
2.715 |
7.441 |
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Inventory |
2.104 |
2.310 |
Other Assets
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3.122 |
1.005 |
Long Term
Assets
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646 |
542 |
Fixed
Assets
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5.070 |
8.279 |
Investment
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78 |
78 |
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Immovable |
4.992 |
8.201 |
Total
Assets
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13.657 |
19.577 |
Liabilities
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06/2006 |
2005 |
Current
Liabilities
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1.663 |
7.363 |
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Suppliers |
1.066 |
743 |
Other liabilities
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597 |
6.620 |
Long Term
Liabilities
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1.492 |
752 |
Net Equity
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10.502 |
11.462 |
Capital
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290 |
290 |
Reserves
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1.198 |
1.198 |
Accumulated Profit (Loss)
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9.014 |
9.974 |
Total
Liabilities
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13.657 |
19.577 |
Income Statement
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06/2006 |
2005 |
Annual Net
Sales
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2.248 |
4.779 |
Gross
Income
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309 |
1.912 |
Operating
Income
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(59) |
795 |
Net Income
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(9) |
795 |
Financial Analysis
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06/2006 |
2005 |
Current Ratio
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4,77 |
1,46 |
Current Debt Ratio
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0,15 |
0,64 |
Total Debt Ratio
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1,30 |
1,70 |
Working Capital
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$6.278 |
$3.393 |
(Dollar rate US$1.00 = R$1,907 on
27/07/2007).
Banking
Banco Itaú S/A. -
branch 0879
Banco Bradesco S/A. - branch
1197
Remark
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banking comments could not be obtained due to
legal restrictions from the Brazilian Law.
No returned checks were found either
in the name of the company.
Insurance
It doesn’t own
Payment information
180 invoices
Information on purchases:
JUL/2007 Last: R$135 Average: R$4.440
Information on invoicing:
JUL/2006 Highest: R$33.480 Average: R$6.925
Information on accumulation:
APR/2007 Highest: R$85.559 Average: R$15.467
100% - prompt payments
Trade References
Main
Suppliers:
Garupa Abrasivos Ltda
Cobral Abrasivos E Minérios Ltda
Mineração Café Ltda
Tenax Do Brasil Ltda
Main
clients:
Melo Com
Barth & Catarino Ltda-Epp
Marmoraria Graninga Ltda
Paraná Granitos Ltda
Terrazzo Mármores E Granitos Ltda-Me
Pedras Trevo Ltda-Epp
Public Information
No negative information was found
Remarks
Contacted Mrs. Luciane, we requested the balance
sheet of 2006/2005/2004, however until the moment we didn't receive an answer.
The information in this report were obtained from outside
sources and public records.
Final Opinion
Based on the over all information
available, the company can be considered normal for business dealings at usual
trade terms and conditions.
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 |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)