MIRA INFORM REPORT

 

 

Report Date :

04.07.2007

 

IDENTIFICATION DETAILS

 

Name :

CAPSUGEL – DIVISION OF PFIZER INC.

 

 

Registered Office :

235, East 42nd Street, New York – 10017

 

 

Country :

United States

 

 

Financials (as on) :

30.04.2006

 

 

Date of Incorporation :

02.06.1942

 

 

Legal Form :

Corporation - Public

 

 

Line of Business :

Subject is engaged in the development and production of various drugs and medicines for humans and animals.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name             :      PFIZER INC.

Address                                    :      235 EAST 42ND STREET

City                                          :      NEW YORK

State/Province                           :      NEW YORK                

In KUSD  As of                          :      30/04/2006

Zip Code                                   :      10017                       

Sales / Revenue             :      104,241  

Country                                     :      UNITED STATES              

Net Income                                :      100,688  

Telephone                                 :      212 733-2323                

Total Equity                               :      919,156  

Facsimile                                  :      212 883-4873

Legal Form                                :      Corporation - Public

Website                                    :      www.pfizer.com

Business Activity                       :       Pfizer Inc. is engaged as a provider of prescription and over-the-counter

                                                        medicines for humans and animals.

 

 

NOTE TO CLIENT

 

Contact: Investor Relations. Information in the report was taken from the Company's 2006 Annual Reportfiled with the Securities and Exchange Commission.

--

NOTE:  WITH REGARD TO THE ORDERED NAME CAPSUGEL DIVISION OF WARNER- LAMBERT CO. PLEASED BE ADVISSED THAT CAPSUGEL IS REPORTED TO BE A DIRECT DIVISION OF PFIZER INC. THE PROVIDED ADDRESS; 535 NORTH EMERALD ROAD, GREENWOOD, SOUTH CAROLINA 29646 IS REPORTED TO BE A BRANCH OFFICE FOR CAPSUGEL DIVISION.  THIS WAS CONFIRMED WITH VARIOUS EMPLOYEES AT PFIZER AND CAPSUGEL. THEREFORE, WE HAVE PROVIDED A REPORT ON PFIZER INC. WITH MENTION OF CAPSUGEL.

 

An exact employee number for the United States could not be learned, however the following information was extracted from Pfizer's annual report:

 

As of December 31, 2006, the Company employed approximately 98,000 people in their operations throughout the world. On January 22, 2007, the Company announced, as a part of its priorities to drive improved performance, position the Company for future success and enhance total shareholder return, a plan to eliminate about 10,000 positions, or about 10% of Pfizer’s worldwide workforce, by the end of 2008.

--        

Shareholders over 5% were not reported.

 

 

LEGAL

 

 Legal Form                                           : Corporation - Public                     

 Since (D/M/Y)                                       :  02/06/1942

 State/Province of Incorporation               :  DE

 Status                                                  :  ACTIVE

 Previous Legal Form                              :

 

Company is NOT required to publish an annual financial report.

 

The Company is incorporated in Delaware under the following Registration:

 

File Number                                           : 0383418

Incorporation Date / Formation Date         : 06/02/1942 (mm/dd/yyyy)

Entity Name                                          : PFIZER INC.

Entity Kind                                            : CORPORATION

Entity Type                                            : GENERAL

Residency                                             : DOMESTIC

State                                                    : DE

 

REGISTERED AGENT INFORMATION

Name                                                    : THE CORPORATION TRUST COMPANY

Address                                                : CORPORATION TRUST CENTER 1209 ORANGE STREET

City                                                      : WILMINGTON

County                                                  : NEW CASTLE

State                                                    : DE

Postal Code                                          : 19801

Phone                                                   : (302)658-7581

--

South Carolina Registration

NAME                                                   :  PFIZER INC.

DOMESTIC/FOREIGN                            :  Foreign

STATUS                                                :  Good Standing

STATE OF INCORPORATION/

ORGANIZATION                                    :  DELAWARE

For Profit

REGISTERED AGENT NAME                 :  C T CORP SYSTEM

ADDRESS                                            :  75 BEATTIE PLACE

CITY                                                     :  GREENVILLE

STATE                                                  :  SC

ZIP                                                       :  29601 0000

FILE DATE                                            :  02/29/2000

EFFECTIVE DATE                                 :  02/29/2000

---

PFIZER INC.

Initial DOS Filing Date                            :  JUNE 25, 1951

County                                                  :  NEW YORK

Jurisdiction                                            :  DELAWARE

Entity Type                                            :  FOREIGN BUSINESS CORPORATION

Current Entity Status                              :  ACTIVE

C/O C T CORPORATION SYSTEM

111 EIGHTH AVENUE

NEW YORK, NEW YORK, 10011

NEW YORK, NEW YORK, 10017-5755

Principal Executive Office

PFIZER INC.

235 EAST 42ND ST

NEW YORK, NEW YORK, 10017-5755

Registered Agent

C T CORPORATION SYSTEM

111 EIGHTH AVENUE

NEW YORK, NEW YORK, 10011

----

 

 

 

 

Managers/Key Personnel

 

Mr. Jeffrey B. Kindler                              Chairman & Chief Executive Officer

Ms.  Linzell Harris                                  Vice President

Mr. Joseph Feczko - Chief Medical O      Vice President

Ms. Loretta Cangialosi                                        Vice President and Controller

 

Pfizer Inc.;

Share Volume                                        2,053,400

52 Wk High / Low                                  $ 28.60 / $ 22.16

Shares Outstanding                               7,018,263,000

 

Pfizer Inc. reports numerous world wide subsidiaries. Due to the Number, a few have been selected for review:

 

 412357 Ontario Inc                                            Canada

 A S Ruffel (Mozambique) Limitada                      Mozambique

 A.S. Ruffel (Private) Limited                               Zimbabwe

 A/O Pfizer                                                                    Russia

 Adenylchemie GmbH                                        Germany

 Agouron Pharmaceuticals, Inc                            California

 Alginate Industries (Ireland) Ltd                           Ireland

 American Food Industries, Inc                            Delaware

 Andean Services S.A                                        Colombia

 Angiosyn, Inc                                                   Delaware

 Balverda S.R.L                                                  Italy

 BINESA 2002, S.L                                                         Spain

 Biocor Animal Health Inc                                   Delaware

 Bioindustria Farmaceutici S.R.L                         Italy

 Bioptics SARL                                                  France

 Bioren, Inc                                                         Delaware

 Biosearch Manufacturing S.r.l                            Italy

 Blue Whale Re Ltd                                            Vermont

 C.P. Pharmaceuticals International C.V              Netherlands

 Capsugel (Thailand) Co. Ltd                               Thailand

 Capsugel Belgium BVBA                                   Belgium

 Capsugel de Mexico, S. de R.L. de C.V              Mexico

 Capsugel France                                               France

 Capsugel Healthcare Limited                              India

 Capsugel Japan Inc. (KK)                                  Japan

 Capsugel Ploermel                                             France

 CARDEL                                                          France

 Centrofarma, Sociedad Anonima                        Guatemala

 Ceuticlab Laboratorios de Produtos

 Farmaceuticos, Lda.                                         Portugal

 Charlie Papa Operations, LLC                             New Jersey

 CHC Direct LLC                                                Delaware

 Compania Farmaceutica Upjohn, S.A.                Guatemala

 Consumer Health Products

 (Minority Interests) Company                             United Kingdom

 Continental Farmaceutica, S.L.                          Spain

 Continental Pharma, Inc.                                  Delaware

 Davis Medica, Sociedad Limitada,

 Sociedad Unipersonal                                        Spain

 Distribuidora Mercantil Centro Americana, S.A    Delaware

 Duchem Laboratories Limited                             India

 Esperion LUV Development, Inc.                        Delaware

 Esperion Therapeutics, Inc.                                Delaware

 Eversharp Canada Inc.                                       Canada

 Farminova Produtos Farmaceuticos de

 Inovacao, Lda.                                                  Portugal

 Farmitalia Carlo Erba Limited                                         United Kingdom

 Farmogene Productos Farmaceuticos Lda         Portugal

 Fyrcia HB                                                         Sweden

 G. D. Searle &  Co. Limited                                           United Kingdom

 G. D. Searle (Thailand) Limited                           Thailand

 G. D. Searle International Capital LLC                 Delaware

 G. D. Searle LLC                                              Delaware

 Gödecke GmbH                                                Germany

 Gödecke OTC Beteiligungs GmbH                      Germany

 Greenstone Ltd.                                                Delaware

 Heinrich Mack Nachf. GmbH. &  Co. KG             Germany

 Hepar Contribution LLC                                      Delaware

 Heumann PCS GmbH                                       Germany

 Idun Pharmaceuticals, Inc.                                 Delaware

 International Affiliated Corporation LLC                Delaware

 Inter-World Insurance Company Limited              Bermuda

 Invicta Farma, S.A.                                           Spain

 J B Tillott Limited                                              United Kingdom

 Jouveinal Holland B.V.                                       Netherlands

 Kenfarma, S.A.                                                 Spain

 Keystone Chemurgic Corporation                       Delaware

 Kiinteistö Oy Helsingin Tietokuja                                    Finland

 Kommanditbolaget Hus Gron                             Sweden

 Korea Pharma Holding Company Limited            Hong Kong

 Laboratoires Pfizer SA                                       Morocco

 Laboratorios Laprofa, Sociedad Anonima             Guatemala

 Laboratorios Parke Davis, S.L.                           Spain

 Laboratorios Pfizer Ltda.                                    Brazil

 Laboratórios Pfizer, Lda.                                    Portugal

 Lothian Developments V SPRL                           Belgium

 MED Urological, Inc.                                         Minnesota

 Mederio AG                                                      Switzerland

 Meridica Limited                                               United Kingdom

 Monterey Kelp Corporation                                 California

 MTG Divestitures Handels GmbH                        Austria

 MTG Divestitures Limited                                   United Kingdom

 MTG Divestitures LLC                                        Delaware

 Nefox Farma, S.A                                             Spain

 Nostrum Farma, S.A                                         Spain

 NPF YK                                                           Japan

 O.C.T. (Thailand) Ltd                                         Thailand

 Omni Laboratories Inc                                       Canada

 Orsim                                                                          France

 P& UFSC, Inc                                                   Virgin Islands

 PanServ Personalberatungs- und

 Anzeigenservice GmbH                                     Germany

 Paris Montrouge II (Nederland) B.V                     Netherlands

 Paris Montrouge II SARL                                               France

 Parke Davis &  Co. Limited                                Isle of Jersey

 

 

 

 

BANKS

 

JP Morgan Chase

Telephone: 800-242-7338

 

The bank requires an account number which could not be obtained. No credit facilities were reported in the Company's annual report.

 

 

PAYMENT HISTORY

 

 Payment History for Capsugel Division, South Carolina;

 

 BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

 CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

 ---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

 AIR TRANS  07-04 07-01 0000000 24200    24200    21  6   6   10  57  CUST 23 YR

 ELEC DISTR 07-05 00-00 NET 30  0        0        0   0   0   0   0   PROMPT

 ELEC EQUIP 07-05 00-00 NET 30  0        0        0   0   0   0   0   CUST 10 YR

 ELEC EQUIP 07-05 07-05 CONTRCT 82500    6400     100 0   0   0   0

 FINCL SVCS 07-06 07-06 CONTRCT 0        0        0   0   0   0   0   SATSFTRY

 FREIGHT    07-04 06-05 VARIED  100      0        0   0   0   0   0

 MACH DISTR 07-04 07-04 1/10N30 3800     3000    38  11   0   51  0   CUST  6 YR

 PACKAGING  07-06 00-00 NET 30  0        0        0   0   0   0   0   CUST  4 YR

 PRNTG& PUBL 07-06 00-00 VARIED  200     200      0  50  49   1   0

 SAFTY PROD 07-05 00-00 NET 30  1100     0        0   0   0   0   0   CUST  1 YR

 TRANSPORTN 07-04 00-00 NET 30  200      0        0   0   0   0   0   CUST <  1 Y

 AIR TRANS  06-11 00-00 NET 30  17600    8700    77  12   1   1   9   CUST 22 YR

 BUS SERVCS 04-09 04-07 NET 30  0        0        0   0   0   0   0

 COMMUN SVC 06-08 00-00 NET 20  600      300      100 0   0   0   0   WRITE-OFF

 ELEC DISTR 04-09 00-00 NET 30  0        0        0   0   0   0   0   PROMPT

 ELEC DISTR 04-09 00-00 NET 30  0        0        0   0   0   0   0   PROMPT

 HEATNG& A/C 06-12 00-00 NET 30  3700    1400     0   0   0   100 0

 SOAP       04-06 00-00 2/10N30 100      100      100 0   0   0   0

 CURRENT QUARTER                87900    9600     79  4   1   16  0

 

Payment Trends

 

                        INDUSTRY     BUSINESS      BALANCE  CUR   1-  31- 61-

 DATE      CUR    DBT       DBT          $      %    30    60 90       91+

 --------  ---    ---       ---          --------    ---   ---   ---   ---  

 20070600  0     8         13          9500     80    4   0     16   0

 20070500  0     7         21          9400     22   62    0     16    0

 20070400  0     16        7           15600    89  2     0     9    0

 20070300  0     17       20           23800    58  1    35     6     0

 20070200  0     18       13           18700    46  46    0     8     0

 20070100  0     8         3           25400         94   0     4     2    

 

 Payment History - Quarterly Averages

 

                                                BALANCE     CUR 1-  31- 61-

 QUARTER    YEAR      DBT         $      %     30    60    90    91+

 -------- ------      ---      --------   ---   ---   ---   ---   ---

 First      2007       15         19400    61  16    15    8     0

 Fourth     2006        4         15900    92  1     4      3   0

 Third     2006       19          2800     0   93    0      7   0

 Second     2006        9          4400    40  59    1     0     0

 First      2006       14         11400    13  84    3     0     0

 

 

FINANCIAL INFORMATION

 

FINANCIAL FIGURES

 Year-End (D/M/Y):               30/04/2006         30/04/2005         30/04/2004

                               Consolidated      Consolidated      Consolidated

 Sales / Revenues                  104,241           20,747           10,036  

 Interest Income                       -             -2,695             -717  

 Gross Margin                      101,219           19,749            9,965  

 Operating Income (Loss)           100,688           19,614            9,769  

 

 RESULTS

 Income before Taxes                 4,507            1,281              204  

 Net Income                        100,688           16,919            9,052  

 

 ASSETS

 Cash and Equivalents                  340              134               39  

 Accounts Receivables                  816              214               23  

 Total Current Assets                1,156              348               62  

 Total Fixed Assets                918,694          287,287           85,927  

 Total Assets                      919,850          287,635           85,989  

 

 LIABILITIES

 Trade Creditors                       694              150               43  

 Total Current Liab                    694              150               43  

 Long Term Debt                        -              3,864              -    

 Total Long Term Liab                  -              3,864              -    

 Total Liabilities                     694            4,014               43  

 

 EQUITY

 Retained Earnings                  -5,229          -17,726           -1,732  

 Total Equity                      919,156          283,620           85,946  

 

 

FINANCIAL ANALYSIS

 

                           Actual           Previous    Percentage of total assets

                           30/04/2006        30/04/2005     30/04/2006  30/04/2005

 Cash and Equivalents           340              134         0.04      0.05

 Total Current Assets         1,156              348         0.13      0.12

 Total Assets               919,850          287,635       100.00    100.00

 Total Current Liab             694              150         0.08      0.05

 Long Term Debt                   0            3,864         0.00      1.34

 Total Liabilities              694            4,014         0.08      1.40

 Total Equity               919,156          283,620        99.92     98.60

 

 The annual report for the year ended 4/30/2007 has not been filed with the Securities and Exchange Commission.

 

 

HISTORY

 

 In 2000, Pfizer acquired Warner-Lambert.  Warner-Lambert traces its history back  to the mid-1800s. In 1856, William R. Warner launched his own drug store in  Philadelphia, Pennsylvania. He invented a tablet-coating process to encase  harsh-tasting medicines in sugar shells.

 

 

CURRENT OPERATIONS

 

 NAICS Code:   3254      Pharmaceutical and Medicine Manufacturing

 

 Business Activity:

 Pfizer Inc. is engaged as a provider of prescription and over-the- counter medicines for humans and animals.

 The Company has developed a wide variety of products which include:

 

 Accupril® (quinapril hydrochloride tablets)

 Accuretic® (quinapril HCl/hydrochlorothiazide) tablets

 Aricept® (donepezil hydrochloride tablets)*

 

 Aromasin® (exemestane tablets)

 Caduet® (amlodipine besylate/atorvastatin calcium)

 Camptosar® (irinotecan hydrochloride injection)

 Cardura® (doxazosin mesylate)

 Celebrex® (celecoxib)

 Cerebyx® (fosphenytoin sodium injection)

 ChantixTM (varenicline)

 Depo-Medrol® (methylprednisolone acetate injectable suspension, USP)

 Depo-Provera® Contraceptive Injection (medroxyprogesterone acetate injectable

 suspension)

 depo-subQ provera 104TM (medroxyprogesterone acetate injectable suspension)

 Detrol® LA (tolterodine tartrate extended release capsules)

 Dilantin® (phenytoin, USP)

 Ellence® (epirubicin hydrochloride injection)

 Exubera® (insulin human [rDNA origin])

 Genotropin® (somatropin [rDNA origin] for injection)

 Geodon® Oral Capsules (ziprasidone HCl) and Injection (ziprasidone mesylate)

 Glucotrol® (glipizide)

 Glucotrol XL® (glipizide GITS) extended release tablets

 InspraTM (eplerenone)

 Lipitor® (atorvastatin calcium) tablets (Lipitor.com en Español)

 Lyrica® (pregabalin) capsules

 Macugen® (pegaptanib sodium injection)**

 Neurontin® (gabapentin)

 Norvasc® (amlodipine besylate)

 Procardia® (nifedipine)

 Procardia XL® (nifedipine GITS extended release tablets)

 Rebif® (interferon beta-1a)***

 Relpax® (eletriptan HBr)

 Rescriptor® (delavirdine mesylate)

 Revatio® (sildenafil citrate)

 Somavert® (pegvisomant for injection)

 Spiriva® HandiHaler® (tiotropium bromide inhalation powder)****

 Sutent® (sunitinib malate)

 Tikosyn® (dofetilide)

 Unasyn® (ampicillin sulbactam)

 Vfend® (voriconazole)

 Viagra® (sildenafil citrate) tablets (Viagra.com en Español)

 Vibramycin® (doxycycline monohydrate, doxycyline calcium, doxycycline hyclate)

 Viracept® (nelfinavir mesylate)

 Xalatan® (latanoprost ophthalmic solution)

 Xanax® (alprazolam tablets, USP)

 Xanax XR® (alprazolam extended-release tablets)

 Zarontin® (ethosuximide)

 Zithromax® (azithromycin)

 ZmaxTM (azithromycin extended release)

 Zoloft® (sertraline hydrochloride) (Zoloft.com en Español)

 Zyrtec® (cetirizine hydrochloride)

 ZyvoxTM (linezolid injection, tablets, and for oral suspension)

 * Co-promoted with Eisai Inc. under a license from Eisai Co., Ltd., trademark is

 owned by Eisai Co., Ltd.

 ** Co-promoted with OSI Pharmaceuticals, Inc.

 *** Co-promoted with Serono, Inc.

 **** Co-promoted with Boehringer Ingelheim Corporation

 --------------

 Animal products include:

 

  Anipryl®

 Antirobe®

 Rimadyl®

 Revolution®

 Revolution® 4 Cats

 Revolution® 4 Dogs

 SimplicefTM

 -----------

 Capsugel, a division of Pfizer Inc, located in Greenwood, SC, formulated and develops drug delivery systems.

 

 Capsugel, oversees facility EHS program implementation, ensures competency and quality of facility-level EHS resources (environment, health and safety (EHS)).  Capsugel sells empty gelatin capsules, and also help companies formulate new products, provide key market to market. Research at this facility will support lipid formulations that enhance delivery for new pharmaceutical products entering the market.  The above address is the headquarters for the firm. There are also branch offices located in New York which are both leased and owned. Global Research and Development division is headquartered in owned facilities in New London, Connecticut and operates in 20 locations around the world, which includes the recent addition of strategic facilities in South San Francisco, California and Shanghai, China.  Primary pharmaceutical research and development operations are in owned and leased facilities located in Ann Arbor and Kalamazoo, Michigan; Cambridge, Massachusetts; La Jolla, California; Groton, Connecticut; St. Louis, Missouri; Sandwich, England, U.K.; Amboise, France; and Nagoya, Japan. The Company disclosed its plan to close research and development facilities in Ann Arbor, Esperion and Kalamazoo, Michigan and, subject to consultation with works councils and local labor laws, Amboise, France and Nagoya, Japan.

 

The company has veterinary medicine research and development operations in ow facilities in Henrietta and Richland Township, Michigan; Lincoln, Nebraska; and Sandwich, England, and in leased facilities in Melbourne, Australia.

 

Global Manufacturing (PGM) division is headquartered in New York, N.Y. and in Peapack, N.J. and operates plants in 61 locations around the world that manufacture products for Pharmaceutical and Animal Health businesses. Major facilities are located in Belgium, Brazil, China, France, Germany, Ireland, Italy, Japan, Mexico, Puerto Rico, Singapore, Sweden, the United Kingdom and the United States. The Global Manufacturing division also operates distribution facilities in major markets around the world. As part of Pfizer’s Adapting to Scale productivity initiatives, 16 of the manufacturing facilities are scheduled to be sold or closed in the next three years as Global Manufacturing continues to optimize its plant network. This includes a number of plants that were announced for closure in early 2007 as part of Pfizer’s streamlining initiatives. Studies are underway to further consolidate the distribution network.

 

 

PUBLIC RECORD

 

 Document Type                        :  UCC3 AMENDMENT

 Document ID                            :  FT_1950007651595

 Filing Date                                :  05/08/2001

 Filing Borough                          :  MANHATTAN

 Debtor                                      :  " PFIZER INC."

                                                    235 EAST 42ND STREET

                                                   NEW YORK, NEW YORK 10017

                                                   UNITED STATES

 

 SECURED PARTY INFORMATION

 Secured Party                          :  CISCO SYSTEMS CAPITAL CORPORATION

                                                    170 WEST TASMAN DRIVE

                                                       SAN JOSE, CALIFORNIA 95134

                                                       UNITED STATES

 

 UNIFORM COMMERCIAL CODE REPORT

 Source                                     :  SC SECRETARY OF STATE

 Filing Number                           :  511181027283

 Filing Date                                :  11/18/2005

 Expiration Date                         :  11/18/2010

 Filing Type                               :  ORIGINAL

 Filing Office                              :  SECRETARY OF STATE/UCC DIVISION

                                                   CAPITOL COMPLEX EDGAR BROWN BLDG RM 525

                                                   COLUMBIA, SC 29201

 

 Debtor(s)                                  :  CAPSUGEL, A DIVISION OF PFIZER INC

                                                   535 N EMERALD RD

                                                  GREENWOOD, SC 29646

 

 SECURED PARTY OR CREDITOR INFORMATION

 

 Secured Party(s)                       :  RAYMOND LEASING CORPORATION

                                                   20 S CANAL STREET

                                                   GREENE, NY 13778

 

 COLLATERAL INFORMATION

 Collateral Type                          :  LEASED EQUIPMENT

 UNIFORM COMMERCIAL CODE REPORT

 Source                                     :  SC SECRETARY OF STATE

 FILING INFORMATION

 Filing Date                                :  10/16/2002

 Filing Time                               :  10:02PM

 Expiration Date                         :  10/16/2007

 Filing Type                               :  ORIGINAL

 Filing Office                              :  SECRETARY OF STATE/UCC DIVISION

                                                   CAPITOL COMPLEX EDGAR BROWN BLDG RM 525

                                                   COLUMBIA, SC 29201

 Debtor(s)                                  :  CAPSUGEL DIVISION OF PFIZER

                                                     535 NORTH EMERALD ROAD

                                                   GREENWOOD, SC 29646

 Secured Party(s)                       :  WELLS FARGO FINANCIAL LEASING

                                                   95 ROUTE 17 SOUTH

                                                   PARAMUS, NJ 07652

 Collateral Type                          :  EQUIPMENT

 ----

 CIVIL JUDGMENT FILING RECORD

 FILING INFORMATION

 Filing Type                               :  JUDGMENTS

 Filing Office                              :  NEW YORK COUNTY CLERK

                                                   60 CENTRE STREET

                                                   NEW YORK CITY, NY 10007

 Filing Date                                :  03/27/2000

 Debtor                                      :  PFIZER CORPORATION

                                                   235 E 42ND ST

                                                   NEW YORK, NY 10017-5703

 Debtor Type                              :  BUSINESS BUSINESS DEBTOR

 Debtor Amount                         :  $4,030

 Creditor                                    : NYC DEPARTMENT OF FINANCE

 JUDGMENT INFORMATION

 Total Amount                            : $4,030

 ----

 

 

GENERAL COMMENTS

 

 Pfizer Inc. is an old, well established firm, engaged in the development and production of various drugs and medicines for humans and animals. The Company reports a satisfactory financial condition. A payment record was retrieved for the Capsugel Division which is satisfactory.

 

 

 

 

 

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

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%)

 

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions