MIRA INFORM REPORT
|
Report Date : |
1st March, 2007 |
IDENTIFICATION
DETAILS
|
Name : |
SABIEDRIBA AR IEROBEZOTU ATBILDIBU ''KITEKS'' |
|
|
|
|
Registered Office : |
Kleistu 26e, Riga, LV-1067, Latvia |
|
|
|
|
Country : |
Latvia |
|
|
|
|
Financials (as on) : |
01.01.2006 |
|
|
|
|
Date of Incorporation : |
20.10.1994 |
|
|
|
|
Com. Reg. No.: |
010313871 |
|
|
|
|
Legal Form : |
SIA (Ltd by Latvian law) |
|
|
|
|
Line of Business : |
Wholesale of nuts and dried fruit. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Usually Correct |
|
|
|
|
Litigation : |
Clear |
Identification
|
Name |
: |
Sabiedriba ar ierobezotu atbildibu ''KITEKS'' |
||||||||||||||||||||
|
IGK-number |
: |
921-122-739 |
||||||||||||||||||||
|
Original name |
: |
Sabiedrība ar ierobežotu atbildību ''KITEKS'' |
||||||||||||||||||||
|
|
||||||||||||||||||||||
|
Address |
: |
Kleistu 26e, Riga, LV-1067, Latvia |
||||||||||||||||||||
|
|
||||||||||||||||||||||
|
Legal Address |
: |
Pulkveza Brieza 15/2-108, Riga, LV-1050,
Latvia |
||||||||||||||||||||
|
|
||||||||||||||||||||||
|
Other Addresses |
: |
legal: Pulkveza Brieza str. 15/2-108, Riga,
Latvia |
||||||||||||||||||||
|
|
|
( the data cancelled since 15.04.2004 ) |
||||||||||||||||||||
|
|
||||||||||||||||||||||
|
Contacts |
: |
|
||||||||||||||||||||
SUMMARY
|
Legal Form : SIA (Ltd by Latvian law)
|
|||||||||
|
|
|||||||||
|
Credit Opinion |
|
|
|||||||
|
Credit rating |
: |
[2,5-] Average business. Caution in dealings. Short terms only |
|||||||
|
Credit value |
: |
Any credit amount is advised to be fully secured. |
|||||||
|
Conclusion |
: |
Business relations may be established. |
|||||||
Year of Foundation
1994
Registration Data
Registration at
the Commercial Register on 15.04.2004.
Date of
registration : 20.10.1994
Registration
number : 010313871
Registr. authority : State Register (Riga, Latvia)
Tax-payer code : 40103138718
Legal Form
SIA (Ltd by
Latvian law) since
20.10.1994
Share Capital
440 000 LVL (registered) since
04.01.2006
Shareholders
- Mr Kirisovs,
Sergejs (Latvia) 50.00
%
reg. number : 051057-11259
address : J.Vaciesa 1 - 25, Riga, Latvia
- Mrs Kirisova,
Natalja (Latvia) 50.00
%
reg. number : 051259-11258
address : J.Vaciesa str. 1-25, Riga, Latvia
Board / Executives
Executives
Chairman of the board : Mr Kirisovs, Sergejs (Latvia)
pers. Code :
051057-11259
address :
J.Vaciesa 1 - 25, Riga, Latvia
Member of the board : Mrs Kirisova, Natalja (Latvia)
pers. Code :
051259-11258
address :
J.Vaciesa str. 1-25, Riga, Latvia
Signature Right
Mrs Kirisova,
Natalja
Mr Kirisovs,
Sergejs
Changes in Registration Data
- 04.01.2006 : share capital, shareholders
- 11.03.2005 : share capital, shareholders
- 15.04.2004 : legal address, activities, managers,
shareholders
Registration
in the Commercial Register
- 10.09.2003 : managers
- 01.11.2002 : legal address
Former
legal address: Katrinas dambis 26/5, Riga
- 04.04.2001 : legal address
Former
legal address: Katrinas dambis 26/4-6, Riga
- 12.10.2000 : managers
- 25.09.2000 : managers
- 09.11.1995 : share capital
Activities
- 5148 Fruits
- 5148 Vegetables
Wholesale of nuts
and dried fruit
Employees
32
Employees History : -
28
( the data as of 12.2005 )
- 18
(average number)
( the data as of 01.01.2004 )
- 17
(average number)
( the data as of 01.01.2003 )
Export
Lithuania, Russian
Federation, Estonia
Import
yes
Known Assets
Immovable Property : rent:
- Premises
Other Property : own:
- Other tools & equipment – Truck quantity : 3.00
unit(s)
Branches
- Warehouse (Riga, Latvia)
address : Kleistu 26e, Riga, Latvia
(phone: 7473658)
Participation
none
Bankers
- SEB Latvijas Unibanka, Vecrigas
filiale (Latvia)
address : Riga, Latvia
bank code : UNLALV2X
account(s) : LV59UNLA0001017469215
Clients
- Nelda (Latvia)
- Rimi Latvija (Latvia)
Suppliers
- Primax (Netherlands)
- Sun World (Vietnam)
Related Companies
None
Defaults Registered
none
Debts Registered
none
There is no any record filed in the local
databases.
Commercial Pledges
none
Financial Data
Turnover for 2006
- approx. 3 000 000 LVL.
Period, months |
12 |
|
12 |
|
12 |
|
Ended |
01.01.2006 |
|
01.01.2005 |
|
01.01.2004 |
|
Currency |
LVL |
|
LVL |
|
LVL |
|
Comments |
|
|
|
|
***) |
|
|
|
||||||
Non-current assets |
107 518.00 |
|
102 695.00 |
|
94 412.00 |
|
incl: - Fixed assets |
107 518.00 |
|
102 695.00 |
|
94 412.00 |
|
- Financial assets |
|
|
|
|
|
|
Current assets |
1 056 414.00 |
|
902 723.00 |
|
655 270.00 |
|
incl: - Stock |
642 455.00 |
|
296 790.00 |
|
234 107.00 |
|
- Debtors |
366 036.00 |
|
508 632.00 |
|
415 314.00 |
|
- Cash |
47 923.00 |
|
97 301.00 |
|
5 849.00 |
|
ASSETS TOTAL |
1 163 932.00 |
|
1 005 418.00 |
|
749 682.00 |
|
Equity |
75 675.00 |
|
70 628.00 |
|
4 717.00 |
|
incl: - Share capital |
22 000.00 |
|
2 000.00 |
|
2 000.00 |
|
Liabilities Total |
1 088 257.00 |
|
934 790.00 |
|
744 965.00 |
|
incl: - Long-term liabilities |
|
|
|
|
|
|
- Short-term liabilities |
1 088 257.00 |
|
934 790.00 |
|
744 965.00 |
|
EQUITY AND LIABILITIES TOTAL |
1 163 932.00 |
|
1 005 418.00 |
|
749 682.00 |
|
Net sales |
2 396 773.00 |
|
2 511 562.00 |
|
2 251 645.00 |
|
Cost of goods sold |
|
|
|
|
|
|
Operating profit |
|
|
|
|
|
|
Profit before taxation |
62 027.00 |
|
78 109.00 |
|
35 346.00 |
|
Net profit |
52 781.00 |
|
66 810.00 |
|
30 347.00 |
|
Ratios
Return on sales, % |
2.59 |
|
3.11 |
|
1.57 |
Profit before taxation / Net sales |
|
|
|
|
|
Operating margin of profit, % |
|
|
|
|
|
Operating profit / Net sales |
|
|
|
|
|
Return on investment, % |
81.96 |
|
110.59 |
|
749.33 |
Profit before taxation / Equity |
|
|
|
|
|
Current assets turnover |
2.27 |
|
2.78 |
|
3.44 |
Net sales / Current assets |
|
|
|
|
|
Working capital |
-31 843.00 |
|
-32 067.00 |
|
-89 695.00 |
Current assets - Short-term liabilities |
|
|
|
|
|
Leverage |
0.07 |
|
0.07 |
|
0.01 |
Equity / Total assets |
|
|
|
|
|
Current ratio |
0.97 |
|
0.97 |
|
0.88 |
Current assets / Short-term liabilities |
|
|
|
|
|
Quick ratio |
0.38 |
|
0.65 |
|
0.57 |
(Current assets - Stock) / Short-term liabilities |
|
|
|
|
|
Debt-to-equity ratio |
14.38 |
|
13.24 |
|
157.93 |
Total liabilities / Equity |
|
|
|
|
|
Change
in stocks of the finished goods and goods in progress - 56 985 LVL
Material expenses - 1 798 315 LVL
Comments
There is no firm
under name SIAKILEKS or KILEKS registered in the State Register of Companies.
There is a firm SIA "KITEKS" located at the address inquired: Kleistu
26e, Riga. So, please find the report of SIA "KITEKS".
The information was obtained from all sources available and from an interview
with the company's accountant, Ms Inna.
Capital History
- 11.03.2005 : 22
000 LVL (registered)
( the
data as of 11.03.2005 )
- 09.11.1995 : 2
000 LVL (registered)10 shares, 200 LVL per share
( the
data as of 09.11.1995 )
APPENDIX A
Financial Statements
01.01.2006
|
Fiscal period: 12 month(s), currency: LVL |
||
|
|
||
PROFIT AND LOSS ACCOUNT |
|
|
|
|
|
|
010 Net turnover |
2 396 773.00 |
|
020 Variation in stock of finished goods and work in progress |
163 585.00 |
|
|
|
|
|
030 Works performed with use of own investments |
|
|
|
|
|
|
040 Other operating income |
5 535.00 |
|
050 Raw materials and consumables |
|
|
|
|
|
|
060 Other external charges |
|
|
070 Total raw materials, consumables and other external charges |
2 020 969.00 |
|
080 Staff costs: wages and salaries |
|
|
090 Staff costs: pensions |
|
|
100 Staff costs: social security costs |
|
|
110 Total sta0 Расходы на персонал: прочие затраты на соц. страх. |
|
|
110 Total staff costs |
59 255.00 |
|
120 Depreciation and write-off of tangible and intangible |
|
|
fixed assets |
|
|
130 Extra-normative write-off of current assets |
35 070.00 |
|
|
|
|
|
140 Other operating charges |
405 348.00 |
|
150 Income from participating interests |
|
|
160 Income from securities and loans forming long-term |
|
|
investments |
|
|
170 Other interest receivable and similar income |
34 301.00 |
|
180 Value adjustments in respect of long-term financial |
|
|
investments and short-term securities |
|
|
190 Interest payable and similar charges |
17 525.00 |
|
200 Profit or loss on ordinary activities before taxation |
62 027.00 |
|
|
|
|
|
210 Extraordinary income |
|
|
220 Extraordinary charges |
|
|
230 Extraordinary profit or loss before taxation |
|
|
240 Income-tax for fiscal period |
9 246.00 |
|
250 Other taxes |
|
|
260 Profit or loss for fiscal period |
52 781.00 |
|
BALANCE SHEET
NON-CURRENT ASSETS |
|
|
|
|
Intangible assets |
|
010 Cost of research and development |
|
|
|
|
020 Concessions, patents, licences, brands, etc. |
|
|
|
|
021 Other intangible assets |
|
030 Goodwill |
|
040 Payments on account for intangible assets |
|
050 Total intangible assets |
|
|
|
|
Tangible assets |
|
060 Real estate |
|
070 Long-term investments in leased tangible assets |
|
|
|
|
080 Plant and machinery |
|
090 Other fixtures and fittings, tools and equipment |
107 518.00 |
100 Payments on account and tangible assets in cours |
|
of construction |
|
110 Prepayment for tangible assets |
|
120 Total tangible assets |
107 518.00 |
|
|
|
Financial assets |
|
130 Shares in subsidiaries |
|
140 Loans to subsidiaries |
|
150 Shares in related companies |
|
160 Loans to related companies |
|
170 Other securities and capital participation |
|
180 Other loans |
|
190 Own shares and parts |
|
200 Loans to the members of the company and |
|
the management |
|
210 Total financial assets |
|
220 NON-CURRENT ASSETS TOTAL |
107 518.00 |
|
|
|
CURRENT ASSETS |
|
|
|
|
Stock |
|
230 Raw materials and consumables |
|
240 Work in progress |
|
250 Finished goods and goods for resale |
460 375.00 |
260 Orders outstanding |
101 761.00 |
270 Payments on account |
80 319.00 |
280 Working and productive animals |
|
290 Total stock |
642 455.00 |
|
|
|
Debtors |
|
300 Trade debtors |
337 242.00 |
310 Amounts owed by subsidiaries |
|
320 Amounts owed by related companies |
|
330 Other debts |
28 607.00 |
340 Subscribed capital called but not paid |
|
350 Short-terms loans to the members of the company |
|
and the management |
|
360 Prepayments and accrued |
187.00 |
370 Total debtors |
366 036.00 |
|
|
|
Securities current assets and short-term capital |
|
participations |
|
380 Shares in subsidiaries |
|
390 Own shares and parts |
|
400 Other securities and capital participation |
|
410 Total securities and shares |
|
|
|
|
420 Cash at bank and in hand (total) |
47 923.00 |
430 CURRENT ASSETS TOTAL |
1 056 414.00 |
440 BALANCE |
1 163 932.00 |
|
|
|
L I A B I L I T I E S |
|
|
|
|
CAPITAL AND RESERVES |
|
|
|
|
450 Share capital |
22 000.00 |
460 Share premium account |
|
470 Long-term assets revaluation reserve |
|
Reserves |
|
480 Reserve stipulated by law |
799.00 |
490 Reserve for own shares and parts |
|
500 Reserve provided by charter |
|
510 Other reserves |
95.00 |
520 Total reserves |
894.00 |
|
|
|
Retained earning or uncovered losses |
|
530 Profit or loss brought forward from previous years |
|
540 Profit or loss for the current year |
52 781.00 |
550 CAPITAL AND RESERVES TOTAL |
75 675.00 |
|
|
|
PROVISIONS |
|
560 Provisions for pensions and similar obligations |
|
570 Provisions for taxation |
|
580 Other provisions |
|
590 PROVISIONS TOTAL |
|
|
|
|
CREDITORS |
|
|
|
|
Long-term liabilities |
|
600 Debenture loans |
|
610 Convertible loans |
|
620 Amounts owed to credit institutions |
|
630 Other loans |
|
640 Advanced payments received |
|
650 Trade debts |
|
660 Bills of exchange payable |
|
670 Amounts owed to subsidiaries |
|
680 Amounts owed to related companies |
|
690 Taxes and social security payments |
|
700 Other creditors |
|
710 Deferred income |
|
720 Fiscal period dividends |
|
730 Non-paid dividends of previous years |
|
740 Total long-term liabilities |
|
|
|
|
Short-term liabilities |
|
750 Debenture loans |
|
760 Convertible loans |
|
770 Amounts owed to credit institutions |
|
780 Other loans |
|
790 Advanced payments received |
|
800 Trade debts |
1 031 604.00 |
810 Bills of exchange payable |
|
820 Amounts owed to subsidiaries |
|
830 Amounts owed to related companies |
|
840 Taxes and social security payments |
5 671.00 |
850 Other creditors |
50 982.00 |
860 Deferred income |
|
870 Fiscal period dividends |
|
880 Non-paid dividends of previous years |
|
890 Total short-term liabilities |
1 088 257.00 |
900 CREDITORS TOTAL |
1 088 257.00 |
910 BALANCE |
1 163 932.00 |
1.01 .2005
|
Fiscal period: 12 month(s), currency: LVL |
||
|
|
||
PROFIT AND LOSS ACCOUNT |
|
|
|
|
|
|
010 Net turnover |
2 511 562.00 |
|
020 Variation in stock of finished goods and work in progress |
62 683.00 |
|
|
|
|
|
030 Works performed with use of own investments |
|
|
|
|
|
|
040 Other operating income |
|
|
050 Raw materials and consumables |
|
|
|
|
|
|
060 Other external charges |
|
|
070 Total raw materials, consumables and other external charges |
2 057 932.00 |
|
080 Staff costs: wages and salaries |
|
|
090 Staff costs: pensions |
|
|
100 Staff costs: social security costs |
|
|
110 Total staff costs |
51 178.00 |
|
120 Depreciation and write-off of tangible and intangible |
|
|
fixed assets |
|
|
130 Extra-normative write-off of current assets |
30 741.00 |
|
|
|
|
|
140 Other operating charges |
365 313.00 |
|
150 Income from participating interests |
|
|
160 Income from securities and loans forming long-term |
|
|
investments |
|
|
170 Other interest receivable and similar income |
17 882.00 |
|
180 Value adjustments in respect of long-term financial |
|
|
investments and short-term securities |
|
|
190 Interest payable and similar charges |
8 854.00 |
|
200 Profit or loss on ordinary activities before taxation |
78 109.00 |
|
|
|
|
|
210 Extraordinary income |
|
|
220 Extraordinary charges |
|
|
230 Extraordinary profit or loss before taxation |
|
|
240 Income-tax for fiscal period |
11 299.00 |
|
250 Other taxes |
|
|
260 Profit or loss for fiscal period |
66 810.00 |
|
BALANCE SHEE
ASSETS
NON-CURRENT ASSETS |
|
|
|
|
Intangible assets |
|
010 Cost of research and development |
|
|
|
|
020 Concessions, patents, licences, brands, etc. |
|
|
|
|
021 Other intangible assets |
|
030 Goodwill |
|
040 Payments on account for intangible assets |
|
050 Total intangible assets |
|
|
|
|
Tangible assets |
|
060 Real estate |
|
070 Long-term investments in leased tangible assets |
|
|
|
|
080 Plant and machinery |
|
090 Other fixtures and fittings, tools and equipment |
102 695.00 |
100 Payments on account and tangible assets in cours |
|
of construction |
|
110 Prepayment for tangible assets |
|
120 Total tangible assets |
102 695.00 |
|
|
|
Financial assets |
|
130 Shares in subsidiaries |
|
140 Loans to subsidiaries |
|
150 Shares in related companies |
|
160 Loans to related companies |
|
170 Other securities and capital participation |
|
180 Other loans |
|
190 Own shares and parts |
|
200 Loans to the members of the company and |
|
the management |
|
210 Total financial assets |
|
220 NON-CURRENT ASSETS TOTAL |
102 695.00 |
|
|
|
CURRENT ASSETS |
|
|
|
|
Stock |
|
230 Raw materials and consumables |
|
240 Work in progress |
|
250 Finished goods and goods for resale |
296 790.00 |
260 Orders outstanding |
|
270 Payments on account |
|
280 Working and productive animals |
|
290 Total stock |
296 790.00 |
|
|
|
Debtors |
|
300 Trade debtors |
460 642.00 |
310 Amounts owed by subsidiaries |
|
320 Amounts owed by related companies |
|
330 Other debts |
47 741.00 |
340 Subscribed capital called but not paid |
|
350 Short-terms loans to the members of the company |
|
and the management |
|
360 Prepayments and accrued |
249.00 |
370 Total debtors |
508 632.00 |
|
|
|
Securities current assets and short-term capital |
|
participations |
|
380 Shares in subsidiaries |
|
390 Own shares and parts |
|
400 Other securities and capital participation |
|
410 Total securities and shares |
|
|
|
|
420 Cash at bank and in hand (total) |
97 301.00 |
430 CURRENT ASSETS TOTAL |
902 723.00 |
440 BALANCE |
1 005 418.00 |
|
|
|
L I A B I L I T I E S |
|
|
|
|
CAPITAL AND RESERVES |
|
|
|
|
450 Share capital |
2 000.00 |
460 Share premium account |
|
470 Long-term assets revaluation reserve |
|
Reserves |
|
480 Reserve stipulated by law |
799.00 |
490 Reserve for own shares and parts |
|
500 Reserve provided by charter |
|
510 Other reserves |
1 019.00 |
520 Total reserves |
1 818.00 |
|
|
|
Retained earning or uncovered losses |
|
530 Profit or loss brought forward from previous years |
|
540 Profit or loss for the current year |
66 810.00 |
550 CAPITAL AND RESERVES TOTAL |
70 628.00 |
|
|
|
PROVISIONS |
|
560 Provisions for pensions and similar obligations |
|
570 Provisions for taxation |
|
580 Other provisions |
|
590 PROVISIONS TOTAL |
|
|
|
|
CREDITORS |
|
|
|
|
Long-term liabilities |
|
600 Debenture loans |
|
610 Convertible loans |
|
620 Amounts owed to credit institutions |
|
630 Other loans |
|
640 Advanced payments received |
|
650 Trade debts |
|
660 Bills of exchange payable |
|
670 Amounts owed to subsidiaries |
|
680 Amounts owed to related companies |
|
690 Taxes and social security payments |
|
700 Other creditors |
|
710 Deferred income |
|
720 Fiscal period dividends |
|
730 Non-paid dividends of previous years |
|
740 Total long-term liabilities |
|
|
|
|
Short-term liabilities |
|
750 Debenture loans |
|
760 Convertible loans |
|
770 Amounts owed to credit institutions |
|
780 Other loans |
|
790 Advanced payments received |
|
800 Trade debts |
857 488.00 |
810 Bills of exchange payable |
|
820 Amounts owed to subsidiaries |
|
830 Amounts owed to related companies |
|
840 Taxes and social security payments |
11 228.00 |
850 Other creditors |
66 074.00 |
860 Deferred income |
|
870 Fiscal period dividends |
|
880 Non-paid dividends of previous years |
|
890 Total short-term liabilities |
934 790.00 |
900 CREDITORS TOTAL |
934 790.00 |
910 BALANCE |
1 005 418.00 |
01.01.2004
|
Fiscal period: 12 month(s), currency: LVL |
||
|
|
||
PROFIT AND LOSS ACCOUNT |
|
|
|
|
|
|
010 Net turnover |
2 251 645.00 |
|
020 Cost of sales |
|
|
030 Gross profit or loss |
|
|
040 Distribution costs |
|
|
050 Administrative expenses |
28 667.00 |
|
060 Other operating income |
711.00 |
|
070 Other operating expenses |
426 527.00 |
|
080 Income from participating interests |
|
|
|
|
|
|
090 Income from securities and loans forming long-term |
|
|
investments |
|
|
100 Other interest receivable and similar income |
11 458.00 |
|
110 Value adjustments in respect of financial assets and |
26 208.00 |
|
of investments held as current assets |
|
|
120 Interest payable and similar charges |
5 736.00 |
|
130 Profit or loss on ordinary activities before taxation |
35 346.00 |
|
|
|
|
|
140 Extraordinary income |
|
|
150 Extraordinary charges |
|
|
160 Profit or loss before taxation |
35 346.00 |
|
170 Income-tax for fiscal period |
4 999.00 |
|
180 Other taxes |
|
|
190 Profit or loss for fiscal period |
30 347.00 |
|
|
|
|
|
BALANCE SHEET
ASSETS
NON-CURRENT ASSETS |
|
|
|
|
Intangible assets |
|
010 Cost of research and development |
|
|
|
|
020 Concessions, patents, licences, brands, etc. |
|
|
|
|
021 Other intangible assets |
|
030 Goodwill |
|
040 Payments on account for intangible assets |
|
050 Total intangible assets |
|
|
|
|
Tangible assets |
|
060 Real estate |
|
070 Long-term investments in leased tangible assets |
|
|
|
|
080 Plant and machinery |
|
090 Other fixtures and fittings, tools and equipment |
94 412.00 |
100 Payments on account and tangible assets in cours |
|
of construction |
|
110 Prepayment for tangible assets |
|
120 Total tangible assets |
94 412.00 |
|
|
|
Financial assets |
|
130 Shares in subsidiaries |
|
140 Loans to subsidiaries |
|
150 Shares in related companies |
|
160 Loans to related companies |
|
170 Other securities and capital participation |
|
180 Other loans |
|
190 Own shares and parts |
|
200 Loans to the members of the company and |
|
the management |
|
210 Total financial assets |
|
220 NON-CURRENT ASSETS TOTAL |
94 412.00 |
|
|
|
CURRENT ASSETS |
|
|
|
|
Stock |
|
230 Raw materials and consumables |
|
240 Work in progress |
|
250 Finished goods and goods for resale |
234 107.00 |
260 Orders outstanding |
|
270 Payments on account |
|
280 Working and productive animals |
|
290 Total stock |
234 107.00 |
|
|
|
Debtors |
|
300 Trade debtors |
386 309.00 |
310 Amounts owed by subsidiaries |
|
320 Amounts owed by related companies |
|
330 Other debts |
28 884.00 |
340 Subscribed capital called but not paid |
|
350 Short-terms loans to the members of the company |
|
and the management |
|
360 Prepayments and accrued |
121.00 |
370 Total debtors |
415 314.00 |
|
|
|
Securities current assets and short-term capital |
|
participations |
|
380 Shares in subsidiaries |
|
390 Own shares and parts |
|
400 Other securities and capital participation |
|
410 Total securities and shares |
|
|
|
|
420 Cash at bank and in hand (total) |
5 849.00 |
430 CURRENT ASSETS TOTAL |
655 270.00 |
440 BALANCE |
749 682.00 |
|
|
|
L I A B I L I T I E S |
|
|
|
|
CAPITAL AND RESERVES |
|
|
|
|
450 Share capital |
2 000.00 |
460 Share premium account |
|
470 Long-term assets revaluation reserve |
|
Reserves |
|
480 Reserve stipulated by law |
799.00 |
490 Reserve for own shares and parts |
|
500 Reserve provided by charter |
|
510 Other reserves |
1 918.00 |
520 Total reserves |
2 717.00 |
|
|
|
Retained earning or uncovered losses |
|
530 Profit or loss brought forward from previous years |
|
540 Profit or loss for the current year |
|
550 CAPITAL AND RESERVES TOTAL |
4 717.00 |
|
|
|
PROVISIONS |
|
560 Provisions for pensions and similar obligations |
|
570 Provisions for taxation |
|
580 Other provisions |
|
590 PROVISIONS TOTAL |
|
|
|
|
CREDITORS |
|
|
|
|
Long-term liabilities |
|
600 Debenture loans |
|
610 Convertible loans |
|
620 Amounts owed to credit institutions |
|
630 Other loans |
|
640 Advanced payments received |
|
650 Trade debts |
|
660 Bills of exchange payable |
|
670 Amounts owed to subsidiaries |
|
680 Amounts owed to related companies |
|
690 Taxes and social security payments |
|
700 Other creditors |
|
710 Deferred income |
|
720 Fiscal period dividends |
|
730 Non-paid dividends of previous years |
|
740 Total long-term liabilities |
|
|
|
|
Short-term liabilities |
|
750 Debenture loans |
|
760 Convertible loans |
|
770 Amounts owed to credit institutions |
|
780 Other loans |
|
790 Advanced payments received |
|
800 Trade debts |
584 315.00 |
810 Bills of exchange payable |
|
820 Amounts owed to subsidiaries |
|
830 Amounts owed to related companies |
|
840 Taxes and social security payments |
8 771.00 |
850 Other creditors |
121 532.00 |
860 Deferred income |
|
870 Fiscal period dividends |
30 347.00 |
880 Non-paid dividends of previous years |
|
890 Total short-term liabilities |
744 965.00 |
900 CREDITORS TOTAL |
744 965.00 |
910 BALANCE |
749 682.00 |
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