MIRA
INFORM REPORT
|
Report Date : |
11.12.2007 |
IDENTIFICATION
DETAILS
|
Name : |
BAYER CROPSCIENCE LTDA. |
|
|
|
|
Registered Office : |
Rua Verbo Divino – Bloco B – Térreo – Chácara Santo Antonio –
047198-002 São Paulo / SP |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Date of Incorporation : |
April 29, 1977 |
|
|
|
|
Com. Reg. No.: |
35.207.992.834 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Industry of insecticides and Defensive Agricultural. |
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 |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
Company name
BAYER CROPSCIENCE LTDA.
Address
Rua Verbo Divino – Bloco B – Térreo – Chácara Santo Antonio – 047198-002
São Paulo / SP - Brazil
Phone: (55-11) 2165 7600
/ 7601 / 7602 / 7603 / 7604
Web Site: www.bayercropscience.com.br
Legal information
Legal Status: Private
Limited Company
Incorporation date: April
29, 1977
Register number #: 35.207.992.834
Tax contributor (CNPJ): 89.163.430/0001-38
Registered Capital: R$582.903.887,00
State Registration #: 110.977.328.113
Number of employees: 771
Branches: 35
Factories:
Estrada da Boa Esperança, 650 – Prédio 6201 – parte
26110-110–Belford Roxo/RJ - Brasil
Fone: (55-21)2762-5418 – Fax:
(55-21)2761-0555
Rua do Comércio, 715
93180-000–Portão/RS - Brasil
Fone: (55-51)562-1250 – Fax:
(55-51)562-9273
CNPJ: 89.163.430/0002-19
Deposit:
Av. Pref. João Villa Lobo Quero, 1200- Itaqui
064120-Barueri/SP – Brasil
Fone: (55-11)4789-5007
CNPJ: 89.163.430/0033-15
History
Established on April 29, 1977, chartered at the State Commerce Registration Office of São Paulo (JUCESP) under # 35.207.992.834, as Rhone Poulenc Agro Brasil Ltda. January 03, 2000 the company changed into Aventis Cropscience Brasil Ltda. On June 04, 2002, the subject adopted the present registered name.
Shareholders:
Bayer Cropscience S/A -
91,3%
França
BAYER CROPSCIENCE GMBH -
05,7%
Alemanha
Bayer Aktiengesellschaft
- 1,6%
Alemanha
Bayer Gesellschaft Fur Betellingungen Alemanha Mbh - 1,4%
Alemanha
Management:
Marcos Audal R. Reichardt Ros (Joined
09/2003) President Director
Spanish, Married, CPF: 230.149.998-73
Eduardo Dietrich (Joined
06/2004) Director
German, Married, CPF: 229.568.728-42
Jurandir Paccini Neto (Joined
11/2000) Director
Brazilian, Married,CPF: 052.078.698-09
Properties
Not informed.
Registered line of
business:
Industry of insecticides and Defensive Agricultural.
Import countries:
Not informed.
Export countries:
Not informed.
Purchases / Sales:
100% - Domestic market
Related Companies
Stock participation:
Not informed.
Financial Data
According to the Brazilian Law Private Limited Companies are not obliged
to file financial accounts for public inspection..
It was not possible to find out financial statement through outside
sources consulted.
(Dollar rate US$1.00 = R$1,802 on 28/11/2007).
Banking
Citibank N.A. - branch - 0001
Banco Itaú S/A. - branch - 0912
Remark: 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 or
partners.
Insurance
Not informed.
Payment information
*Information obtained from outside sources and public consulted.
05 – Invoices
Information
on purchases:
OCT/2007 Last: R$40 Average: R$8.366
Information
on invoicing:
MAY/2007 Highest: R$30.800 Average: R$8.425
Information
on accumulation:
MAY/2007 Highest: R$61.600 Average: R$30.837
83% - Prompt payments
17% - Delays from 16 up to 30 days
Trade References
Main Suppliers:
Not informed.
Main clients:
Not informed.
Public Records Information
Negative information was found:
05 protested bills, on the amont of R$15.767,65
28/09/2007 – R$ 183,62 –
1ºRegistry Campinas / SP
12/09/2007 – R$ 1.194,50 – 1º Registry Campinas / SP
27/04/2007 – R$ 598,40 – 8º
Registry São Paulo / SP
10/10/2006 – R$ 97,12 - Only
Registry Passo Fundo / RS
16/05/2005 – R$13.694,01 – Registry São Paulo / SP
08 Financial disputes, being the last five:
20/04/2006 – R$350,00 – Tim Celular
15/11/2005 – R$293,03 - Intelig
15/10/2005 – R$569,66 - Intelig
16/07/2005 – R$183,62 – Gimba Suprimentos
15/07/2005 – R$366,75 – Gimba Suprimentos
Remarks
The information in this report were obtained from outside sources and
public records consulted.
Final Opinion
As no financial statement could be obtained, it is impossible to analyze
the financial situation of the company under review, and to make credit rating.
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. |
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 |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)