MIRA INFORM REPORT

 

 

Report Date :

08.06.2007

 

IDENTIFICATION DETAILS

 

Name :

Siltronic AG

 

 

Registered Office :

Hanns-Seidel-Platz 4, 81737 München

 

 

Country :

Germany

 

 

Date of Incorporation :

05.03.1996

 

 

Com. Reg. No.:

HRB 150884

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Wholesale Trade in Electrical Technical Goods and Accessories without specialization.

Research and Development in the field of engineering

 

 

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

 

Maximum Credit Limit :

EUR 250.000

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

name & address

 

Siltronic AG

Hanns-Seidel-Platz 4

81737 München

Telephone:        089/8564-3000

Telefax:             089/8564-3129

Homepage:        www.siltronic.com

E-Mail:              info@siltronic.com

 

 

CONCLUSION

 

The maximum credit is EUR 250.000,00.

 

Business relations are permissible.

 

 

LEGAL FORM 

 

Public limited company

 

 

Date of foundation

 

05.03.1996

 

 

Registered on

 

22.01.2004

 

 

Commercial Register

 

Local court 80797 MÜNCHEN

 

 

Under

 

HRB 150884

 

 

Share capital

 

EUR        100.000.000,00

 

 

Shareholder

 

Wacker Chemie AG

Hanns-Seidel-Platz 4

81737 München

Legal form: Public limited company

Share capital:     EUR        260.763.000,00

Share:                              100,00 %

Reg. Data:  23.11.2005

HRB 159705

80797 MÜNCHEN

Employees:                             6.845

 

 

Member of the Board of Directors

 

Dr. Gerhard Brehm

09618 Brand-Erbisdorf

born 03.05.1948

 

 

Member of the Board of Directors

 

Dr. Michael Peterat

84547 Emmerting

born 12.06.1946

 

 

Member of the Board of Directors

 

Paul Lindblad

87437 Kempten

born 03.04.1966

 

 

Member of the Board of Directors

 

Dr. Wilhelm Sittenthaler

Hanns-Seidel-Platz 4

81737 München

born 22.07.1955

Occupation: Businessman

 

 

Member of the Board of Directors

 

Dr. Günther G. Koch

61381 Friedrichsdorf

born 25.01.1951

 

 

Member of the Board of Directors

 

Dr. rer. pol. Joachim Manke

61130 Nidderau

born 24.06.1950

Marital status: married

 

 

President of the Supervisory Board

 

Dr. Peter-Alexander Wacker

Hanns-Seidel-Platz 4

81737 München

born 10.02.1951

Occupation: Fully qualified merchant

 

 

Vice-president of the Supervisory Board

 

Walter Ortner

84359 Simbach

 

 

Member of the Supervisory Board

 

Lothar Lanz

80331 München

 

 

Member of the Supervisory Board

 

Dr. Michael Kaschke

73447 Oberkochen

born 18.06.1957

Occupation: Physicist

 

 

Member of the Supervisory Board

 

Dr. Rudolf Staudigl

Hanns-Seidel-Platz 4

81737 München

Occupation: Fully qualified chemist

 

 

Member of the Supervisory Board

 

Prof.Dr. Günter Zimmer

Dr.-Wilhelm-Roelen-Str. 327

47179 Duisburg

born 08.02.1940

Marital status: married

 

 

Member of the Supervisory Board

 

Uwe Fritz

Statzenbachstr. 29

85368 Moosburg

 

 

Member of the Supervisory Board

 

Dr. Dieter Gilles

84547 Emmerting

born 25.02.1957

 

 

Member of the Supervisory Board

 

Dr. Joachim Rauhut

80331 München

 

 

Representative of the Employees within

the Supervisory Board

 

Karin Gottschalk

79098 Freiburg

 

 

Representative of the Employees within

the Supervisory Board

 

Johann Hautz

84371 Triftern

 

 

Representative of the Employees within

the Supervisory Board

 

Andrea Pichottka

31848 Bad Münder

born 29.11.1959

 

 

Proxy

 

Gerhard Hagen

84561 Mehring

authorized to jointly represent the company

born 24.12.1948

 

 

Proxy

 

Manfred Richter

Maxim-Gorki-Str. 20

09599 Freiberg

born 23.04.1939

Occupation: Fully qualified engineer

Marital status: married

 

 

Proxy

 

Dr. Christian Westermeier

Iglauer Str. 4

93197 Zeitlarn

authorized to jointly represent the company

born 16.04.1965

Occupation: Chemist

 

 

Proxy

 

Gerd Winnefeld

84489 Burghausen

authorized to jointly represent the company

 

 

Proxy

 

Frank Reinhardt

81737 München

authorized to jointly represent the company

born 06.07.1968

 

 

Proxy

 

Alfred Weber

84359 Simbach

authorized to jointly represent the company

born 08.12.1955

 

 

Proxy

 

Bernhard Kollmuß

84489 Burghausen

authorized to jointly represent the company

born 07.10.1963

 

 

Proxy

 

Johannes Moritz

85375 Neufahrn

authorized to jointly represent the company

born 15.04.1960

 

 

Proxy

 

Dr. Karl-Heinz Rimböck

84431 Heldenstein

authorized to jointly represent the company

 

 

Further functions/participations of

Günther G. Koch (Member of the Board of Directors)

 

Shareholder:

G 2 Unternehmensberatung GmbH

Josephinenstr. 20

81479 München

Legal form: Private limited company

Share capital:     EUR             25.000,00

Share:                EUR             22.500,00

Reg. Data:  07.12.2006

HRB 165170

80797 MÜNCHEN

 

 

BUSINESS HISTORY

 

1995

Wacker Siltronic Gesellschaft für

Halbleitermaterialien mbH

Johannes-Hess-Str. 24

84489 Burghausen

Private limited company

 

 

05.07.2002

Wacker Siltronic Aktiengesellschaft (AG

Traunstein - HRB 9940)

Johannes-Hess-Str. 24

84489 Burghausen

Public limited company

 

20.01.2004

Wacker Siltronic Aktiengesellschaft

Johannes-Hess-Str. 24

84489 Burghausen

Public limited company

 

22.01.2004

Siltronic AG

Hanns-Seidel-Platz 4

81737 München

Public limited company

 

 

BUSINESS ACTIVITIES

 

51431

WHOLESALE TRADE IN ELECTRICAL TECHNICAL GOODS AND ACCESSORIES WITHOUT SPECIALIZATION

 

73102

RESEARCH AND DEVELOPMENT IN THE FIELD OF ENGINEERING

 

 

BRANCHES AND FACTORIES

 

Branch:

Siltronic AG - Werk Freiberg -

Berthelsdorfer Str. 113

Post Box: 1724

09599 Freiberg

 

Branch:

Siltronic AG

Johannes-Hess-Str. 24

84489 Burghausen

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Hanns-Seidel-Platz 4

                                    81737 München

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, MÜNCHEN

Sort. code: 70070010

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005     EUR        727.025.336,00

Profit:                            2005     EUR         -45.698.741,00

Share capital:                            EUR        100.000.000,00

Value of stocks:                        EUR          75.612.428,00

Equipment:                                EUR        387.878.771,00

Ac/ts receivable:                        EUR        170.978.916,00

Liabilities:                                  EUR        373.738.852,00

Employees:                               3.616

Branch number:             51431 / 73102

 

Approximate figures are given.

 

 

Siltronic AG

Johannes-Hess-Str. 24

84489 Burghausen

Telephone:        08677/833930

Telefax:             08677/931730

Homepage:        www.siltronic.de

E-Mail:              info@siltronic.com

 

 

LEGAL FORM 

 

Legally dependent establishment

 

 

FIGURES

 

Financial year:      01.01. - 31.12.

The number of employees is not known.


 

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