MIRA
INFORM REPORT
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Report Date : |
03.07.2007 |
IDENTIFICATION DETAILS
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Name : |
FEDERAL'NOE
GOSUDARSTVENNOE UNITARNOE PREDPRIYATIE "VSEREGIONAL'NOE
OB'EDINENIE "IZOTOP" |
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Registered Office : |
Pogodinskaya str., 22, |
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Country : |
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Date of Incorporation : |
29.10.2002
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Com. Reg. No.: |
1027739478249
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Legal Form : |
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Line of Business : |
Manufacture and sales of atomic power engineering goods,
ionizing radiation sources. |
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 : |
Regular |
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Litigation : |
Clear |
Comments
Information The address and the telephone numbers mentioned in your inquiry belong to the company
FEDERAL'NOE GOSUDARSTVENNOE UNITARNOE PREDPRIYATIE "VSEREGIONAL'NOE
OB'EDINENIE "IZOTOP" (name in English: FEDERAL STATE UNITARY ENTERPRISE ALL
REGIONAL CORPORATION IZOTOP). We provide the report on this company.
Summary
Original
Name FEDERAL'NOE
GOSUDARSTVENNOE UNITARNOE PREDPRIYATIE
"VSEREGIONAL'NOE
OB'EDINENIE "IZOTOP"
Legal
Form
Year
of Foundation 1992
Sales 509 980
th RUR for 12 months, ended 01.01.2006
Employees 200
(approx.) on July, 02, 2007 (company's data)
Creditline
Recommendations
Risk
Category BELOW AVERAGE RISK
Credit
Limit 500 000 USD
Company
Identification Details
Original
Name FEDERAL'NOE
GOSUDARSTVENNOE UNITARNOE PREDPRIYATIE
"VSEREGIONAL'NOE
OB'EDINENIE "IZOTOP"
Short
Name FGUP
"V/O "IZOTOP"
Name
in English
IZOTOP
Address Pogodinskaya
str., 22,
Legal
Address Pogodinskaya
str., 22,
Phone +7
(495) 9464396
Fax +7
(495) 2452492, 245 24 92
E-mail isotop@isotop.ru
WEB
Address www.isotop.ru
Official Company Data
Legal
Form
Date
of Registration 29.10.2002
Registration
Number 1027739478249
Statistic
Code (OKPO) 8625142
Taxpayer
Code (
Registration
Authority Ministry
for Taxes and Duties of Russian Interregional Inspection N 39 within
Public Record
Information
Information The company FEDERAL'NOE GOSUDARSTVENNOE UNITARNOE PREDPRIYATIE
"VSEREGIONAL'NOE OB'EDINENIE "IZOTOP" was not included in the published list of bankrupt
companies.
Share Capital
Current
Share Capital 30 000
000 RUR
History from 22.03.2007: 30 000 000 RUR
from 29.10.2002: 300 000 RUR
Shareholders
Total 2
legal persons
Shareholder FEDERAL'NOE
AGENTSTVO
Address Bol'shaya
Ordynka str., 24/26,
Registration
Number 1047796276725
Share 100 %
Directors
Director Mr Akakiev Boris Viktorovich
Signature Right
Nationality
Taxpayer
Code (
Re-Registration Data
Initial
Registration 18.12.1992
Registration
Number 050.136
Registration
Authority
Date
of Registration 29.10.2002
(Entering
into the
Registration
Number 1027739478249
Registration
Authority Ministry
for Taxes and Duties of Russian Interregional Inspection N 39 within
Date
of Re-registration 11.05.2006
File
Number 8067746268065
Registration
Authority Federal
Tax Service of Russian Federation Interregional Inspection N 46 within
Changes Company's
rules
Date
of Re-registration 15.09.2006
File
Number 2067756904521
Registration
Authority Federal
Tax Service of Russian Federation Interregional Inspection N 46 within
Changes Company's
rules
Date of
Re-registration 22.03.2007
File
Number 8077746501891
Registration
Authority Federal
Tax Service of Russian Federation Interregional Inspection N 46 within
Changes Share
Capital
Operations
Activities Manufacture
and sales of atomic power engineering goods, ionizing radiation
sources.
Sales of radioactive elements and material for chemical processing equipment,
radiation monitoring and medical facilities.
Staff
Employed 200
(approx.) on July, 02, 2007 (company's data)
Employees'
History 209 on
January, 01, 2005 (official data)
206 on January, 01, 2004 (official data)
Real Estate
Own Office, industrial area, warehouse
Address: Pogodinskaya str., 22,
(company's data)
Rent None
Export & Import
Export Countries in 2006: 198 229 USD
in 2005: 3 449 181 RUR
in 2004: 14 241 252 RUR
Exported Goods industrial equipment, spares, raw materials
Export Value 2006:
2005:
2004:
Import Countries in 2006: 2 889 191 USD
in 2005: 55 636 766 RUR
in 2004: 50 298 251 RUR
Imported Goods industrial equipment, spares, raw materials
Import Value 2006:
Africa,
2005:
2004:
Branches
Branch None
Participation
Information NP "TSVT"
Address:
Krasnoproletarskaya str., 32,
Related Companies
Information Mr Akakiev Boris Viktorovich isn't shareholder and director of any other companies.
Bankers
Bank AKTSIONERNYY KOMMERCHESKIY SBEREGATEL'NYY BANK ROSSIYSKOY
FEDERATSII
(OAO), bank code: 044525225 (
Account(s) 40502810038000120023 (RUR)
Bank ZAO
"KONVERSBANK", bank code: 044525921 (
Account(s) 40502810900000000009 (RUR)
Bank AKB
"LEFKO-BANK", bank code: 044583683 (
Account(s) 40702810800120000189 (RUR)
Financial Data
Profit
and Loss (extract)
The following figures are shown in units of 1000
Period,
months 12 12 12
Ended 01.01.2006
01.01.2005 01.01.2004
Currency RUR RUR RUR
SALES 509980
418594 258678
Cost
of Goods sold 404448
322016 186605
GROSS
PROFIT 105532 96578 72073
Distribution
Costs 77106 90951 67031
Management
Costs
OPERATING
PROFIT 28426 5627 5042
Non
Trading Income -12409
7683 1163
PRE
TAX PROFIT 16017
13310 6205
Taxation 5927 4593 2143
PROFIT
AFTER TAX 9975 8619 3913
Balance
Sheet (extract)
The following figures are shown in units of 1000
As at 01.01.2006
01.01.2005 01.01.2004
Currency RUR RUR RUR
TOTAL
FIXED ASSETS 30161 22972 23997
Intangible
Assets
Fixed
Assets 28821
18632 20835
TOTAL
CURRENT ASSETS 88918 170953 71678
Stock 20144
49057 21390
Trade
debtors 56532
85006 41040
Cash 9339
31246 7299
TOTAL
ASSETS 119079 193925 95675
TOTAL
EQUITY 61621
51796 43477
Share
Capital 300
300 300
Retained
Profits 51728
41903 33584
TOTAL
LONG TERM LIABS 363 248 149
Long
Term Loans
TOTAL
CURRENT LIABILITIES 57095 141881 52049
Short
Term Loans
Short
Term Trade Creditors 47130 139594 40150
TOTAL
EQUITY & LIABILITIES 119079 193925 95675
Key
Credit Ratios
The following figures are shown as Ratios or
Percentages
Accounts
Date 01.01.2006
01.01.2005 01.01.2004
Current
Ratio 1,56 1,2 1,38
Working
Capital, x1000 RUR 31823 29072 19629
Quick
Ratio 1,2 0,86 0,97
Debt
to Equity Ratio 0,93 2,74 1,2
Current
Assets Turnover 5,74 2,45 3,61
Total
Assets Turnover Ratio 4,28 2,16 2,7
Pre
Tax Profit Margin, % 3,14 3,18 2,4
Gross
Profit, % 20,69 23,07 27,86
Return
on Investment, % 25,99 25,7 14,27
Return
on Assets, % 13,45 6,86 6,49
Clients &
Suppliers
Clients GUP
"APTECHNYY SKLAD N1" (
OAO "OSKOL'SKIY
ELEKTROMETALLURGICHESKIY KOMBINAT" (
ZAO NPF
"NUKLID-TRANS" (
OOO "TSENTR
IMMUNOPROFILAKTIKI MEDEP" (
AVTONOMNAYA NEKOMMERCHSKAYA ORGANIZATSIYA LABORATORNOE DELO (Russian
Federation)
ZAO "FARMATSEVT" (
ZAO "MEDITSINSKOE OB'EDINENIE
"SPASENIE" (
ZAO "KOMPANIYA MEDEKSPRESS"
(
OOO "RIP" (
OOO ARGO (
ZAO "YUNILAB" (
OOO "FARMA EKSKLYUZIV" (
Suppliers REEVES
WIRELINE TECHNOLOGY (
WESTERN ATLAS (
Gamma-Servise
Recycling GMBH (
AEA TECHNOLOGY QSA (
NUCLEAR SOURCES &
SERVICES INC. (
LABODIA (
GAMMATRON INC. (
ISOTOPE PRODUCTS
LABORATORIES (
MDS NORDION Inc. (
SPERRY-SUN DRILLING
SERVICES,ÀÅÀ TECHNOLOGY QSA IN (
HALLIBURTON
INTERNATIONAL INC. (
Immunotech a.s., Immunotech S.A.S (EU)
SMITHS DETECTION (
FGUP NPO MIKROGEN MZ
RF (
OOO
"TSEPPELIN-TSENTR" (
ZAO " AVENTIS
FARMA" (
OOO
"FARMSHTIL'" (
FGUP FNIFKHI
IM.L.YA.KARPOVA (
OOO NTTS
"NUKLON" (
GUP MOS NPO "RADON
(
OOO
"SANTEKS" (
OOO "NOVAYA
STROITEL'NAYA KOMPANIYA" (
OOO
"INFO-TIM" (
Original Financial
Data (Russian
Accounting Report in
English)
Balance
Sheet
The following figures are shown in units of 1000
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Line
code |
as
at |
as
at |
as
at |
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I.
NON-CURRENT ASSETS |
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Intangible assets |
110 |
- |
- |
- |
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Fixed assets |
120 |
20835
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18632
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28821
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Construction in progress |
130 |
- |
1178
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- |
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Income-bearing investments |
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Long-term financial
investments |
140 |
3162
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3162
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1340
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Deferred tax assets |
145 |
- |
- |
- |
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Other non-current assets |
150 |
- |
- |
- |
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Total
section I |
190 |
23997
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22972
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30161
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II.
CURRENT ASSETS |
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Inventories |
210 |
21390
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49057
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20144
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including : |
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raw materials and other inventories |
211 |
2749
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2199
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2348
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livestock |
212 |
- |
- |
- |
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work in progress |
213 |
150 |
14329
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1338
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finished goods and goods
for resale |
214 |
16897
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30571
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15851
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goods dispatched |
215 |
- |
- |
- |
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expenses related to
future periods |
216 |
1594
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1958
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607 |
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other supplies and
expenditures |
217 |
- |
- |
- |
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Value added tax on purchased
goods |
220 |
1949
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5644
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2903
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Accounts receivable (payments |
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including : |
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buyers and customers |
231 |
- |
- |
- |
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Accounts receivable (payments |
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including : |
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buyers and customers |
241 |
30530
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82266
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52295
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Short-term investments |
250 |
- |
- |
- |
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Monetary assets |
260 |
7299
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31246
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9339
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Other current assets |
270 |
- |
- |
- |
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Total
section II |
290 |
71678
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170953
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88918
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TOTAL
SECTIONS I and II |
300 |
95675
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193925
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119079
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EQUITY
AND LIABILITIES |
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III.
EQUITY AND RESERVES |
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Share capital |
410 |
300 |
300 |
300 |
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Treasury shares |
411 |
- |
- |
- |
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Additional capital |
420 |
9443
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9443
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9443
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Legal reserve |
430 |
150 |
150 |
150 |
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including : |
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reserves and provisions
formed in |
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reserves formed in
accordance |
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Retained earnings (loss) |
470 |
33584
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41903
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51728
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Total
section III |
490 |
43477
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51796
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61621
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IV.
NON-CURRENT LIABILITIES |
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Borrowings |
510 |
- |
- |
- |
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Deferred tax liabilities |
515 |
149 |
248 |
363 |
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Other non-current liabilities |
520 |
- |
- |
- |
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Total
section IV |
590 |
149 |
248 |
363 |
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V.
CURRENT LIABILITIES |
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Borrowings |
610 |
- |
- |
- |
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Accounts payable |
620 |
40150
|
139594
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47130
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including : |
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|
|
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suppliers and
contractors |
621 |
13082
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135001
|
42548
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salaries payable |
622 |
1715
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- |
39 |
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payable to state non-budget
funds |
623 |
301 |
- |
556 |
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taxes payable |
624 |
132 |
702 |
3865
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other creditors |
625 |
24920
|
3891
|
122 |
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Dividends payable to
participants |
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Income of future periods |
640 |
2198
|
1987
|
9815
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Reserves for future expenses |
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|
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Other current liabilities |
660 |
9401
|
- |
- |
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Total
section V |
690 |
52049
|
141881
|
57095
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TOTAL
SECTIONS III,IV,V |
700 |
95675
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193925
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119079
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PROFIT
AND LOSS ACCOUNT
The following figures are shown in units of 1000
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Line
code |
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INCOME
FROM AND EXPENSES ON ORDINARY ACTIVITIES |
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Cost of goods, products, work,
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Gross profit |
029 |
105532
|
96578
|
72073
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Selling expenses |
030 |
77106
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90951
|
67031
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Administrative expenses |
040 |
- |
- |
- |
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Profit (loss) from operations |
050 |
28426
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5627
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5042
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OTHER
INCOME AND EXPENSES |
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Interest income |
060 |
716 |
137 |
65 |
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Interest expenses |
070 |
- |
- |
- |
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Income from investments in
other |
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Other operating income |
090 |
- |
- |
- |
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Other operating expenses |
100 |
548 |
534 |
641 |
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Non-operating income |
120 |
17801
|
18301
|
12946
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Non-operating expenses |
130 |
30378
|
10221
|
11207
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Profit
(loss) before profit tax |
140 |
16017
|
13310
|
6205
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Deferred tax assets |
141 |
- |
- |
- |
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Deferred tax liabilities |
142 |
115 |
98 |
149 |
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Current profit tax |
150 |
5927
|
4593
|
2143
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Net
profit (loss) for the reporting |
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Rates of Exchange
RUR -
Russian Rouble 01.01.2007:
1 EUR = 34.69 RUR, 1 USD = 26.33 RUR
EUR -
EURO 01.01.2006:
1 EUR = 34.19 RUR, 1 USD = 28.78 RUR
USD -
US Dollar 01.01.2005:
1 EUR = 37.84 RUR, 1 USD = 27.74 RUR
RATING EXPLANATIONS
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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%)