MIRA
INFORM REPORT
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Report Date : |
21st
February, 2007 |
IDENTIFICATION
DETAILS
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Name : |
AUTO KELLY, A.S. |
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Registered Office : |
K červenému dvoru č. 10, 100 00
Praha 10, Czech Republic |
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Country : |
Czech
Republic |
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Financials (as on) : |
2005 |
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Date of Incorporation : |
08.05.1991 |
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Com. Reg. No.: |
B 714 |
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Legal Form : |
Joint
Stock Company |
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Line of Business : |
Sale of motor vehicle parts and
accessories |
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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Maximum Credit Limit : |
EUR
990.000,00 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
Company Name
AUTO KELLY, A.S.
Principal Address
Ocelářská 16
190 00 Praha 9
Czech Republic
Tel : +420-266
311 630, +420-284 001 995
Fax : +420-284 001
983
Email :
autokelly@autokelly.cz
Internet :
www.autokelly.cz
Registered office
K červenému dvoru č. 10
100 00 Praha 10
Czech Republic
Branch
Jílkova 191
602 00 Brno
Czech Republic
Tel: +420-548213707
Branch
Chvalkovická 55
783 51 Olomouc
Czech Republic
Tel: +420-585314568
Fax: +420-585150822
Branch
Pražská 16
500 11 Hradec Králové
Czech Republic
Branch
Sirotčí 10
710 00 Ostrava
Czech Republic
Branch
Pekařská
400 01 Ústí nad Labem
Czech Republic
The company has 31 branches in CR.
Former company names
Úlehla English Independent a.s., valid since 08.05.1991 valid until 15.09.1995
Former company addresses
Former Registered office:
Třebohostická 12
Praha 10
Czech Republic
Former Registered office:
K zámku 491
Praha 9
Czech Republic
ICON number
4989120
National ID
15887791
VAT number
CZ15887791
Registration status
08.05.1991 - registered company
Activity status
08.05.1991 - active company
Date of Last Research
20.02.2007
CREDIT INFORMATION SUMMARY
Insolvency Information:
According to available
information sources the company is not in a insolvency/preliminary/debt
regulation proceeding.
Maximum Credit:
EUR 990.000,00
Payment Practices:
Payments are made according to
terms
Further Rating Information:
Researched company is categorized
as a medium sized company.
Turnover volume of CZK 956.602.000 in the year 2005 increased by 43,21%
compared with 2004. In the previous period this change was +19,84%.
Fixed assets increased by CZK 18.328.000 and are15,27% of total assets.
Working capital of CZK 183.085.000 increased for 40,33% compared with the last
period.
Cash flow from results of CZK 45.657.000 increased by 1.188,65% compared with
last year result.
Debt Collection:
FRF 352.900,00 (Invoice date:
15.12.2001)
Status: closed positive (16.05.2002)
Only cases with a single case volume exceeding EUR 500 are shown.
COMPANY DETAILS
Established:
1991
Registration:
No. B 714
08.05.1991
Praha, Czech Republic
Legal Form:
08.05.1991
joint stock company
History:
The company Auto Kelly, a.s. bought of the
company KV.KELLY s.r.o.
IČO: 26371651 in year 2005.
Capital:
CZK 1.000.000,00
Shareholders:
|
Full Name |
Function |
Address |
Equity |
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KOLLER Josef |
Shareholder |
Lukavecká 33 |
50,00% |
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KONRÁD Aleš |
Shareholder |
Ratibořská 752/30 |
50,00% |
Management:
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Full Name |
Function |
Address |
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MALÝ Vítězslav |
Chairman of the executive board |
Čihákova 25 |
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NAVRÁTIL Ondřej |
Deputy chairman of the executive board |
Na výsluní 653/30 |
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NEKULA Petr |
Member of the executive board |
Borovanského 2204/10 |
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KONRÁD Aleš |
Chairman of the supervisory board |
Ratibořská 752/30 |
Related Companies:
other relationship
AUTO KELLY SLOVAKIA, s.r.o. , Slovakia , National ID: 36298026
KEY DATA ON OPERATIONS
Subject of Operation: NACE
main activity
5030 Sale of motor vehicle parts and accessories
5190 Other wholesale
2413 Manufacture of other inorganic basic chemicals
5050 Retail sale of automotive fuel
7031 Real estate agencies
6021 Other scheduled passenger land transport
5110 Wholesale on a fee or contract basis
5151 Wholesale of solid, liquid and gaseous fuels and related
products
7414 Business and management consultancy activities
Key Data:
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Amounts shown in Czech Koruna (CZK) |
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2005 |
2004 |
2003 |
2002 |
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Turnover |
956.602.000 |
667.988.000 |
557.401.000 |
437.791.000 |
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Fixed assets |
58.068.000 |
39.740.000 |
37.492.000 |
29.613.000 |
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Equity |
152.263.000 |
95.943.000 |
80.919.000 |
54.508.000 |
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Liabilities |
227.934.000 |
162.319.000 |
156.141.000 |
121.741.000 |
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Profit after taxation |
58.319.000 |
15.023.000 |
32.409.000 |
25.639.000 |
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Operating result - profit |
85.569.000 |
24.211.000 |
50.816.000 |
34.159.000 |
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2005 |
2004 |
2003 |
2002 |
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Return on assets (ROA) |
15,34 |
5,82 |
13,57 |
13,55 |
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Return on equity (ROE) |
38,30 |
15,66 |
40,05 |
47,04 |
Workforce:
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2007 |
2006 |
2005 |
2004 |
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Total workforce |
500 |
400 |
350 |
150 |
Motor Vehicles:
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2007 |
2006 |
2005 |
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Total number of vehicles |
150 |
150 |
150 |
Imports:
Belgium
China
Germany
Denmark
Spain
France
Italy
Poland
Portugal
Turkey
Taiwan, Province of China
Exports:
Germany
Hungary
Poland
Slovakia
Branches:
Branch:
Jílkova 191
602 00 Brno
Czech Republic
Tel: +420-548213707
Branch:
Chvalkovická 55
783 51 Olomouc
Czech Republic
Tel: +420-585314568
Fax: +420-585150822
Branch:
Pražská 16
500 11 Hradec Králové
Czech Republic
Branch:
Sirotčí 10
710 00 Ostrava
Czech Republic
Branch:
Pekařská
400 01 Ústí nad Labem
Czech Republic
Real Estate:
built upon
Address:
Ocelářská 16
190 00 Praha 9
Czech Republic
Share: 100%
FINANCIAL INFORMATION
Financials:
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Amounts shown in Czech Koruna (CZK) |
2005 |
2004 |
2003 |
2002 |
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TOTAL ASSETS |
380.197.000,00 |
258.262.000,00 |
238.741.000,00 |
189.239.000,00 |
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Fixed assets |
58.068.000,00 |
39.740.000,00 |
37.492.000,00 |
29.613.000,00 |
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Intangible fixed assets |
2.136.000,00 |
535.000,00 |
403.000,00 |
375.000,00 |
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Tangible fixed assets |
55.662.000,00 |
39.205.000,00 |
37.089.000,00 |
29.238.000,00 |
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Non-current financial assets |
270.000,00 |
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Current assets |
319.659.000,00 |
217.684.000,00 |
200.396.000,00 |
156.865.000,00 |
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Inventories |
254.344.000,00 |
176.050.000,00 |
160.964.000,00 |
113.367.000,00 |
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Short-term receivables |
53.272.000,00 |
31.960.000,00 |
25.477.000,00 |
32.381.000,00 |
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from that : Trade receivables |
31.539.000,00 |
17.514.000,00 |
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Liquid assets |
12.043.000,00 |
9.674.000,00 |
13.955.000,00 |
11.117.000,00 |
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Other assets |
2.470.000,00 |
838.000,00 |
853.000,00 |
2.761.000,00 |
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TOTAL LIABILITIES |
380.197.000,00 |
258.262.000,00 |
238.741.000,00 |
189.239.000,00 |
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Equity |
152.263.000,00 |
95.943.000,00 |
80.919.000,00 |
54.508.000,00 |
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Share capital |
1.000.000,00 |
1.000.000,00 |
1.000.000,00 |
1.000.000,00 |
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Statutory funds |
108.000,00 |
108.000,00 |
108.000,00 |
108.000,00 |
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Retained earnings |
92.836.000,00 |
79.812.000,00 |
47.402.000,00 |
27.761.000,00 |
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Profit or loss for the current period |
58.319.000,00 |
15.023.000,00 |
32.409.000,00 |
25.639.000,00 |
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LIABILITIES |
227.934.000,00 |
162.319.000,00 |
156.141.000,00 |
121.741.000,00 |
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Reserves |
57.143.000,00 |
59.843.000,00 |
42.111.000,00 |
33.188.000,00 |
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Long-term liabilities |
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2.227.000,00 |
5.631.000,00 |
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Short-term liabilities |
136.574.000,00 |
87.213.000,00 |
98.279.000,00 |
70.956.000,00 |
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Bank loans and borrowings |
34.217.000,00 |
15.263.000,00 |
13.524.000,00 |
11.966.000,00 |
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Short-term bank credits and loans |
34.217.000,00 |
15.263.000,00 |
13.524.000,00 |
11.966.000,00 |
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Other liabilities |
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1.681.000,00 |
12.990.000,00 |
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BALANCE SHEET TOTAL |
380.197.000,00 |
258.262.000,00 |
238.741.000,00 |
189.239.000,00 |
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Turnover |
956.602.000,00 |
667.988.000,00 |
557.401.000,00 |
437.791.000,00 |
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Other operating revenues |
18.952.000,00 |
17.107.000,00 |
13.297.000,00 |
2.744.000,00 |
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Total operating income |
975.554.000,00 |
685.095.000,00 |
570.698.000,00 |
440.535.000,00 |
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Costs of sold goods |
612.080.000,00 |
434.258.000,00 |
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Purchased consumables and services |
147.692.000,00 |
112.437.000,00 |
437.688.000,00 |
351.386.000,00 |
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Staff costs |
99.864.000,00 |
63.397.000,00 |
42.907.000,00 |
24.547.000,00 |
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Taxes and charges |
834.000,00 |
1.339.000,00 |
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Depreciations of intangible and tangible assets |
12.662.000,00 |
11.480.000,00 |
7.767.000,00 |
4.104.000,00 |
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Other operating expenses |
16.853.000,00 |
37.973.000,00 |
31.520.000,00 |
26.339.000,00 |
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Total operating expenses |
889.985.000,00 |
660.884.000,00 |
519.882.000,00 |
406.376.000,00 |
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OPERATING PROFIT / LOSS |
85.569.000,00 |
24.211.000,00 |
50.816.000,00 |
34.159.000,00 |
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Financial income |
5.141.000,00 |
5.474.000,00 |
6.630.000,00 |
9.441.000,00 |
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Financial expenses |
7.355.000,00 |
6.495.000,00 |
25.037.000,00 |
18.098.000,00 |
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there of : Interest expenses |
1.144.000,00 |
519.000,00 |
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Extraordinary income |
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|
369.000,00 |
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Extraordinary expenses |
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|
232.000,00 |
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PROFIT/LOSS BEFORE TAX |
83.355.000,00 |
23.190.000,00 |
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Corporation income tax |
25.036.000,00 |
8.167.000,00 |
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PROFIT OR LOSS FOR THE CURRENT PERIOD |
58.319.000,00 |
15.023.000,00 |
32.409.000,00 |
25.639.000,00 |
Partial Financials:
Amounts shown in Czech Koruna (CZK) 2006
Equity & Liabilities
Share capital 1.000.000,00
The balance sheet data are from official sources.
2005-The financial data were submitted directly by the management of the researched company.
2006 The financial data have not been issued yet.
Approximate Exchange Rates:
2005: 29,784 CZK = 1 EUR
2004: 31,904 CZK = 1 EUR
2003: 31,844 CZK = 1 EUR
2002: 30,812 CZK = 1 EUR
2005: 23,947 CZK = 1 USD
2004: 25,701 CZK = 1 USD
2003: 28,227 CZK = 1 USD
2002: 32,736 CZK = 1 USD
Bankers:
Komerční banka, a.s. - Account no. 7441540207/0100
Praha
Ratios
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2005 |
2004 |
2003 |
2002 |
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Liquidity
Ratio - 3.stage |
1,87 |
2,12 |
1,79 |
1,89 |
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Liquidity
Ratio - 2.stage |
0,38 |
0,41 |
0,35 |
0,52 |
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Liquidity
Ratio - 1.stage |
0,07 |
0,09 |
0,12 |
0,13 |
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Return
on assets (ROA) |
15,34 |
5,82 |
13,57 |
13,55 |
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Return
on equity (ROE) |
38,30 |
15,66 |
40,05 |
47,04 |
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Receivables
Maturity Date (day) |
20,33 |
17,46 |
16,68 |
27,00 |
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Liabilities
Maturity Date (day) |
52,11 |
47,65 |
64,36 |
59,16 |
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Debt
Ratio |
59,95 |
62,85 |
65,40 |
64,33 |
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Stock
rotation in days |
0 |
0 |
- |
- |
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Net
working capital |
CZK 183.085.000,00 |
CZK 130.471.000,00 |
CZK 102.117.000,00 |
CZK 85.909.000,00 |
Average values of ratios of enterprises with
100 or more employees in the sector of wholesale and retail trade, repair of
motor vehicles, motorcycles and personal and household goods are following:
Liquidity Ratio - 3.stage: 2,5
Liquidity Ratio - 2.stage: 1,7
Liquidity Ratio - 1.stage: 0,5
ROA: 2,5 %
ROE: 5,0 %
Receivables Maturity Date: 50 days
Liabilities Maturity Date: 55 days
Debt Ratio: 65 %
ADDITIONAL INFORMATION
Contact With Company:
Name and
surname: Mr. Martin Krejbich
Function: manager
Date: 20.02.2007
Information given in report has been confirmed.
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 |
|
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 |
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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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