MIRA
INFORM REPORT
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Report Date : |
27.10.2007 |
IDENTIFICATION DETAILS
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Name : |
GREEK TRADE SPÓŁKA Z O.O. |
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Registered Office : |
Christo Botewa 32, 30-798 Kraków |
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Country : |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
1992/05 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of other food, including fish, crustaceans and
molluscs |
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 : |
No Complaints |
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Litigation : |
Clear |
name & ADDRESS
DATA
GREEK TRADE SPÓŁKA Z O.O.
CHRISTO BOTEWA 32
30-798 KRAKÓW
Tel. 012/3505350
Fax. 012/3505379
http:// www.greektrade.com.pl
E-mail: biuro@greektrade.com.pl
BASIC DATA
REGONCODE 350551849
VAT: 679-00-05-092
Nationwide Court Register KRS 0000149645
Legal form: LIMITED LIABILITY COMPANY
Status: ACTIVE
Start of activity: 1992/05/
Registering agency COURT OF COMMERCE Kraków
Type :
Date of registration: 2003/03/03
NACE code 51.38
Wholesale of other food, including fish, crustaceans and molluscs
Import
Import
HS/CN code 0813----
EDIBLE FRUIT AND NUTS; PEEL OF CITRUS FRUITS OR MELONS
and other edible fruits, and mixtures of edible and dried fruits or of edible nuts (excl. nuts, bananas, dates, figs, pineapples, avocadoes, guavas, mangoes, mangosteens, citrus fruit and grapes, unmixed)
ORGANIZATIONAL-LEGAL
DATA
Register capital:
Value : 211000.00 PLN
Number of shares: 422
SHAREHOLDER
Surname : SIAKAS
Names : THEODOROS
Citizenship :
Foreigner address :
Country code :
Value : 211000.00 PLN
Quant: 422
MANAG.:
PRESIDENT OF THE BOARD
Representation : SOLE SIGNATURE
Surname : SIAKAS
Names : THEODOROS
Citizenship :
Foreigner address :
Country code :
MANAG.:
PROXY
Surname : GIERAS
Names : PAWEŁ
Citizenship :
Addr.:
Country code :
Zip code : 31-505
City : KRAKÓW
Street : ARIAŃSKA 5
SHARES IN OTHER
COMPANIES
No data
EMPLOYMENT
Total (MIN MAX) Productive(MIN MAX) Unprod.(MIN MAX) DATE FROM DATE TO
10-55 - - 2006/01/01-2006/12/31
10-35 - - 2005/01/01-2005/12/31
56-56 - - 2004/01/01-2004/12/31
REAL ESTATE
Real estate: GN GROUNDS
OWN: Area from to Value
- 294480.85 PLN
Real estate: BD BUILDINGS AND CONSTRUCTIONS
OWN: Area from to Value
- 1050019.64 PLN
SALES
2006/01/01 - 2006/12/31 79404485.31
2005/01/01 - 2005/12/31 64132248.90
2004/01/01 - 2004/12/31 57729129.14
2003/01/01 - 2003/12/31 48453985.94
2002/01/01 - 2002/12/31 45300000.00
FINANCIAL DATA
Financial
statement as on
2005/12/31 2006/12/31
ASSETS
A. Total non-current assets:
2698201.61 2698181.78
I.Intangible assets: 74550.04 51920.87
1.Costs of development activities: 0.00 0.00
2.Goodwill:
0.00 0.00
3.Other intangible fixed assets: 74550.04 51920.87
4.Prepayments for intangible assets: 0.00 0.00
II.Fixed assets:
2546221.57 2556113.91
1.tangible fixed assets:
1635149.08 2486765.91
a)land:
260463.85 294480.85
b)buildings: 664186.44 1050019.64
c)machinery and equipment:
500289.70 924422.18
d)vehicles:
170468.69 154979.22
e)other tangible fixed assets: 39740.40 62864.02
2.Investments in progress:
911072.49 4348.00
3.Investments in progress paid on accounts: 0.00 65000.00
III.Long-term receivables:
0.00 0.00
1.From related companies:
0.00 0.00
2.From other companies:
0.00 0.00
IV.Long-term investments:
0.00 0.00
1.Real-estate property: 0.00
2.Intangible assets:
0.00 0.00
3.Long-term financial assets:
0.00 0.00
a)in related companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers: 0.00 0.00
- provided loans:
0.00 0.00
- other long-term financial
assets:
0.00 0.00
b)in other companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other long-term financial
assets:
0.00 0.00
4.Other long-term investments: 0.00 0.00
V.Long-term interperiod settlements: 77430.00 90147.00
1.Assets from deffered income tax: 77430.00 90147.00
2.Others:
0.00 0.00
B. Current assets:
20630839.53 25077199.79
I.Inventory 9257459.60 13618691.35
1.Materials:
343706.18 487831.38
2.Semi-products and work in
progress:
0.00 0.00
3.Finished goods:
58073.03 0.00
4.Products:
8608793.78 13130859.97
5.Advance payment for delivery: 246886.61 0.00
II.Accounts receivable:
10982148.13 10782432.84
1.From related companies:
0.00 0.00
a)trade receivables: 0.00 0.00
- within 12 months:
0.00 0.00
- more than 12 months:
0.00 0.00
b)others:
0.00 0.00
2.From other companies:
10982148.13 10782432.84
a)trade receivables: 10741010.86 10631670.95
- within 12 months:
10741010.86 10631670.95
- more than 12 months:
0.00 0.00
b)tax and social receivables:
198482.88 150761.89
c)other receivables: 42654.39 0.00
d)accounts receiv. result. from
disputable claims:
0.00 0.00
III.Short-term investments:
374218.42 654593.59
1.Short-term financial assets:
374218.42 654593.59
a)in related companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial assets: 0.00 0.00
b)in other companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial
assets: 0.00 0.00
c)cash and other cash assets: 374218.42 654593.59
- cash in hand and at bank: 374218.42 654593.59
- other cash means:
0.00 0.00
- other cash assets:
0.00 0.00
2.Other short-term investments: 0.00 0.00
IV.Short-term interperiod settlements: 17013.38 21482.01
Total assets
(A+B):
23329041.14 27775381.57
LIABILITIES
A. Net worth:
5691843.84 8235079.83
I.Issued capital:
211000.00 211000.00
II.Outstanding but unpaid contribution for
share: 0.00 0.00
III.Entity's own capital (negative): 0.00 0.00
IV.Reserve capital: 0.00 0.00
V.Revaluation reserve:
0.00 0.00
VI.Other reserve capitals:
3287981.81 4787961.81
VII.Profit/loss brutto forward:
0.00 0.00
VIII.Net financial result for the year: 2192862.03 3236118.02
IX.Write-offs from net profit: |
0.00 0.00
B.Liabilities & reserves:
17637197.30 19540301.74
I.Reserve for liabilities:
55859.00 19058.00
1.Reserves for deffered income tax: 55859.00 19058.00
2.Reserves for retirement and
similar:
0.00 0.00
- long-term:
0.00 0.00
- short-term:
0.00 0.00
3.Other reserves: 0.00 0.00
- long-term:
0.00 0.00
- short-term:
0.00 0.00
II.Long-term liabilities:
479624.44 281041.58
1.To related companies:
0.00 0.00
2.To other companies: 479624.44 281041.58
a)credits and loans:
479624.44 281041.58
b)commercial papers:
0.00 0.00
c)other financial liabilities: 0.00 0.00
d)other long-term liabilities: 0.00 0.00
III.Short-term liabilities:
16972989.35 19134557.99
1.To related companies:
0.00 0.00
a)trade payable:
0.00 0.00
- within 12 months: 0.00 0.00
- more than 12 months:
0.00 0.00
b)other:
0.00 0.00
2.To other companies:
16972869.16 19134437.68
a)bank loans:
2535221.31 3526017.07
b)commercial papers: 0.00 0.00
c)other financial liabilities: 0.00 0.00
d)trade payables:
14093886.26 14518933.94
- within 12 months:
14093886.26 14518933.94
- more than 12 months:
0.00 0.00
e)supplies paid on account: 0.00 30996.09
f)notes payable:
0.00 0.00
g)tax & social securities:
272611.17 184233.96
h)payroll payable: 0.00 0.00
i)other short-term liabilities: 71150.42 874256.62
3.Special funds:
120.19 120.31
IV.Accrued liabilities:
128724.51 105644.17
1.Negative goodwill:
0.00 0.00
2.Other: 128724.51 105644.17
- long-term:
0.00 0.00
- short-term:
128724.51 105644.17
Total liabilties (A+B):
23329041.14 27775381.57
Financial statement
2003/12/31 2004/12/31
ASSETS
A. Total non-current assets: 1291312.85 1405850.18
I.Intangible assets:
0.00 4672.00
1.Costs of development activities: 0.00 0.00
2.Goodwill: 0.00 0.00
3.Other intangible fixed assets: 0.00 0.00
4.Prepayments for intangible assets: 0.00 4672.00
II.Fixed assets:
1069828.85 1338587.18
1.tangible fixed assets:
907928.85 1285921.18
a)land: 184990.00 260463.85
b)buildings:
521732.90 670729.43
c)machinery and equipment:
60265.78 130244.10
d)vehicles:
140940.17 224483.80
e)other tangible fixed assets: 0.00 0.00
2.Investments in progress: 161900.00 52666.00
3.Investments in progress paid on
accounts:
0.00 0.00
III.Long-term receivables:
0.00 0.00
1.From related companies:
0.00 0.00
2.From other companies:
0.00 0.00
IV.Long-term investments: 0.00 0.00
1.Real-estate property:
0.00 0.00
2.Intangible assets:
0.00 0.00
3.Long-term financial assets:
0.00 0.00
a)in related companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other long-term financial
assets: 0.00 0.00
b)in other companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other long-term financial
assets: 0.00 0.00
4.Other long-term investments:
0.00 0.00
V.Long-term interperiod settlements: 221484.00 62591.00
1.Assets from deffered income tax: 221484.00 62591.00
2.Others:
0.00 0.00
B. Current assets:
14990458.32 16345927.90
I.Inventory
7524571.62 7707404.54
1.Materials:
0.00 27671.11
2.Semi-products and work in progress: 0.00 0.00
3.Finished goods:
0.00 49638.45
4.Products:
7320887.62 7151890.17
5.Advance payment for delivery: 203684.00 478204.81
II.Accounts receivable:
6969731.37 8437296.59
1.From related companies: 0.00 0.00
a)trade receivables:
0.00 0.00
- within 12 months:
0.00 0.00
- more than 12 months:
0.00 0.00
b)others:
0.00 0.00
2.From other companies: 6969731.37 8437296.59
a)trade receivables:
6546293.32 8144354.51
- within 12 months:
6480122.32 8144354.51
- more than 12 months: 66171.00 0.00
b)tax and social receivables:
418083.25 117758.92
c)other receivables:
5354.80 175183.16
d)accounts receiv. result. from
disputable claims:
0.00 0.00
III.Short-term investments: 487165.55 182373.68
1.Short-term financial assets:
487165.55 182373.68
a)in related companies:
0.00 0.00
- shares:
0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans: 0.00 0.00
- other short-term financial
assets:
0.00 0.00
b)in other companies:
0.00 0.00
- shares: 0.00 0.00
- other commercial papers:
0.00 0.00
- provided loans:
0.00 0.00
- other short-term financial
assets:
0.00 0.00
c)cash and other cash assets: 487165.55 182373.68
- cash in hand and at bank: 487165.55 182373.68
- other cash means:
0.00 0.00
- other cash assets:
0.00 0.00
2.Other short-term investments: 0.00 0.00
IV.Short-term interperiod settlements: 8989.78 18853.09
Total assets
(A+B): 16281771.17 17751778.08
LIABILITIES
A. Net worth:
523174.44 3980383.03
I.Issued capital:
61000.00 211000.00
II.Outstanding but unpaid contribution for
share: 0.00 0.00
III.Entity's own capital (negative): 0.00 0.00
IV.Reserve capital:
0.00 0.00
V.Revaluation reserve:
0.00 0.00
VI.Other reserve capitals: 0.00 1287961.81
VII.Profit/loss brutto forward:
0.00 0.00
VIII.Net financial result for the year: 462174.44 2481421.22
IX.Write-offs from net profit:
|
0.00 0.00
B.Liabilities & reserves: 15758596.73 13771395.05
I.Reserve for liabilities:
2422.00 78073.00
1.Reserves for deffered income tax: 2422.00 78073.00
2.Reserves for retirement and
similar:
0.00 0.00
- long-term:
0.00 0.00
- short-term: 0.00 0.00
3.Other reserves:
0.00 0.00
- long-term:
0.00 0.00
- short-term: 0.00 0.00
II.Long-term liabilities:
222208.00 55552.00
1.To related companies:
0.00 0.00
2.To other companies:
222208.00 55552.00
a)credits and loans:
222208.00 55552.00
b)commercial papers: 0.00 0.00
c)other financial liabilities: 0.00 0.00
d)other long-term liabilities: 0.00 0.00
III.Short-term liabilities:
15533966.73 13592433.15
1.To related companies:
0.00 0.00
a)trade payable: 0.00 0.00
- within 12 months:
0.00 0.00
- more than 12 months:
0.00 0.00
b)other: 0.00 0.00
2.To other companies:
15533202.31 13591666.50
a)bank loans:
1801991.83 1397840.98
b)commercial papers:
0.00 0.00
c)other financial liabilities: 0.00 0.00
d)trade payables: 12118642.79 12063957.03
- within 12 months:
8931566.49 12063957.03
- more than 12 months:
3187076.30 0.00
e)supplies paid on account:
16676.00 0.00
f)notes payable:
0.00 0.00
g)tax & social securities: 571044.41 113579.04
h)payroll payable:
13874.72 16289.45
i)other short-term liabilities: 1010972.56 0.00
3.Special funds:
764.42 766.65
IV.Accrued liabilities:
0.00 45336.90
1.Negative goodwill: 0.00 0.00
2.Other:
0.00 45336.90
- long-term:
0.00 0.00
- short-term: 0.00 45336.90
Total liabilties (A+B):
16281771.17 17751778.08
Profit
and loss account (comp)
2006/12/31
2006/01/01
A. Net sales of goods and products:
78128318.46
- including to related companies
0.00
I.Net sales of products: 0.00
II.Change of products :
0.00
III.Costs of production:
0.00
IV.Net sale of goods and materials:
78128318.46
B. Operation expenses:
67794584.36
I. Depreciation:
0.00
II. Costs of materials and energy:
0.00
III. Outside services:
0.00
IV.Taxes : 0.00
- including excise taxes:
0.00
V. Salaries:
0.00
VI. Social taxes & related:
0.00
VII. Other:
0.00
VIII. Goods and materials sold:
67794584.36
C. Profit (loss) on sale (A-B):
10333734.10
D. Other operation incomes:
1223218.25
I.Profit from sale of tangible assets: 2000.00
II.Grants & subsidies:
21100.55
III.Other:
1200117.70
E. Other operating costs:
588151.40
I.Loss from sale of tangible assets:
0.00
II.Revaluation of non-financial assets: 197289.05
III.Other:
390862.35
F. Profit from operating activity
(C+D-E):
10968800.95
G. Financial income: 52948.60
I. Dividends:
0.00
- from subisdiaries and affiliates:
0.00
II.Interest receivable:
4489.50
- from subisdiaries and affiliates:
0.00
III.Profits from investment transfeered: 0.00
IV.Revaluation of investments:
0.00
V.Other:
48459.10
H. Financial costs: 2116266.53
I.Interest payable including:
192248.28
- to related companies:
0.00
II.Loss from invetsments transffered:
0.00
III.Revaluation of investments:
0.00
IV.Other:
1924018.25
I. Profit (loss) from economic activity
(F+G-H):
8905483.02
J. Extraordinary items (J.I-J.II):
0.00
I.Extraordinary incomes: 0.00
II.Extraordinary losses:
0.00
K. Gross profit for the year (I+/-J):
8905483.02
L. Corporate income tax:
5669365.00
M. Other obligatory charges:
0.00
N. Net profit for the year (K-L-M): 3236118.02
Profit
and loss account (calc) 2004/12/31 2005/12/31
2004/01/01 2005/01/01
A. Net sales of goods and products:
56171303.12 62945915.26
- including to related companies 0.00 0.00
I. Net sales of products
1273333.39 3059023.92
II. Net sale of goods and materials 54897969.73 59886891.34
B. Operation expenses:
48996842.99 54579705.49
- including to related companies 0.00
I. Cost of production
1286128.00 2645610.64
II. Goods and materials at cost
47710714.99 51934094.85
C. Gross profit on sale(A-B)
7174460.13 8366209.77
D. Costs of sale
3589412.98 4374883.69
E. General administrative costs 1477952.21 1623061.62
F. Profit from sale (C-D-E)
2107094.94 2368264.46
G. Other operation incomes
472490.71 1036812.27
I. Profit from sale of tangible assets 0.00 0.00
II. Grants & subsidies
0.00 0.00
III. Other
472490.71 1036812.27
H. Other operating costs
327503.03 563335.72
I. Loss from sale of tangible assets 0.00 0.00
II. Revaluation of non-financial assets 0.00 191079.39
III. Other operating costs
327503.03 372256.33
I. Profit from operating activity (F+G-H) 2252082.62 2841741.01
J. Financial income 1085335.31 149521.37
I. Dividends
0.00 0.00
- from subisdiaries and affiliates 0.00 0.00
II. Interest receivable
19297.02 7102.69
- from subisdiaries and affiliates 0.00 0.00
III. Profits from investment
transfeered
0.00 0.00
IV. Revaluation of investments
0.00 0.00
V. Other
1066038.29 142418.68
K. Financial costs 262417.71 276160.35
I. Interest payable including:
160897.71 197117.42
- to related companies
0.00 0.00
II. Loss from invetsments transffered 0.00 0.00
III. Revaluation of investments
0.00 0.00
IV. Other
101520.00 79042.93
L. Profit from economic activity (I+J-K) 3075000.22 2715102.03
M. Extraordinary items (M.I - M.II) 0.00 0.00
I. Extraordinary incomes 0.00 0.00
II.Extraordinary losses
0.00 0.00
N. Gross profit for the year (L+M) 3075000.22 2715102.03
O. Corporate income tax
593579.00 522240.00
P. Other obligatory charges
0.00 0.00
R. Net profit for the year (N-O-P) 2481421.22 2192862.03
Profit
and loss account (calc) 2002/12/31 2003/12/31
2002/01/01 2003/01/01
A. Net sales of goods and products:
44818000.00 47573321.05
- including to related companies
0.00
I. Net sales of products
0.00
II. Net sale of goods and materials
47573321.05
B. Operation expenses:
40982409.45
- including to related companies 0.00
I. Cost of production
0.00
II. Goods and materials at cost
40982409.45
C. Gross profit on sale(A-B)
6590911.60
D. Costs of sale
3176419.38
E. General administrative costs
1218999.17
F. Profit from sale (C-D-E)
1644000.00 2195493.05
G. Other operation incomes
171000.00 15271.76
I. Profit from sale of tangible assets 0.00
II. Grants & subsidies
0.00
III. Other
15271.76
H. Other operating costs 404000.00 683570.57
I. Loss from sale of tangible assets
0.00
II. Revaluation of non-financial assets
346443.87
III. Other operating costs
337126.70
I. Profit from operating activity (F+G-H) 1410000.00 1527194.24
J. Financial income 311000.00 865393.13
I. Dividends
0.00
- from subisdiaries and affiliates
0.00
II. Interest receivable
56565.24
- from subisdiaries and affiliates
0.00
III. Profits from investment
transfeered 0.00
IV. Revaluation of investments
0.00
V. Other
808827.89
K. Financial costs 713000.00 1720260.93
I. Interest payable including:
217687.36
- to related companies
0.00
II. Loss from invetsments transffered
0.00
III. Revaluation of investments
0.00
IV. Other
1502573.57
L. Profit from economic activity (I+J-K) 1008000.00 672326.44
M. Extraordinary items (M.I - M.II)
0.00
I. Extraordinary incomes 0.00
II.Extraordinary losses
0.00
N. Gross profit for the year (L+M) 1008000.00 672326.44
O. Corporate income tax 210152.00
P. Other obligatory charges
0.00
R. Net profit for the year (N-O-P) 619000.00 462174.44
Cash flow
statement 2002/12/31
2002/01/01
A. Operating cash flow
704000.00
B. Investment cash
flow
-1175000.00
C. Financial cash
flow
539000.00
D. Total net cash flow (A.III +/- B.III +/- C.III) 67000.00
Cash flow statement
InfoData 2003/12/31
2003/01/01
A. Operating cash flow
-1000000.00
B. Investment cash
flow
-331000.00
C. Financial cash
flow
1247000.00
D. Total net cash flow (A.III +/- B.III +/- C.III) -84000.00
INDEX ANALYSE
year
2004 2005 2006
CURRENT RATIO (CR)
Current Assets/Current liabilities 1.2025756 1.2155101
1.3105712
QUICK RATIO (QR)
Current Assets-Inventory/Current
liabilities 0.6355391 0.6700870
0.5988384
CASH RATIO (SQR)
Cash/Current liabilities 0.0134173 0.0220479
0.0342100
STOCK TURNOVER/DAY'S SUPPLY IN INVENTORY
Inventory/Turnover x 365 days 59.1340 60.1548 63.6238
CREDITORS DAYS/DAY'S SALES IN RECEIVABLES
Current receivables/Turnover x 365 days 64.7340 71.3618
50.3734
DEBTORS DAYS/DAY'S PURCHASE IN PAYABLES
Current liabilities/Turnover x 365 days 104.286 110.290 89.393
TOTAL INDEBTNESS/DEBT RATIO
Outside capital/Equity capital x 100% 77.6% 75.6% 70.4%
LONG TERM INDEBTNESS I/LONG TERM DEBT RATIO
I
Longterm liabilities/Equity capital 0.01396 0.08427 0.03413
LONG TERM INDEBTNESS II/LONG TERM DEBT RATIO
II
Longterm liab./Equity cap.+Longterm liab. x
100% 1.4% 7.8% 3.3%
RETURN ON SALES (ROS)
Net profit/Turnover x 100% 5.2% 3.9% 4.1%
RETURN ON ASSETS (ROA)
|
Net profit/Total assets x 100% 14.0% 9.4% 11.7%
RETURN ON EQUITY (ROE)
Net profit/Equity capital x 100% 62.3% 38.5% 39.3%
LONG TERM LIABILITIES IN OUTSIDE CAPITAL
Longterm liabilities/Outside capital x
100% 0.0040703 0.0274815
0.0144750
WORKING CAPITAL
Current assets-Current liabilities 2753494.75 3657850.18
5942641.80
WORKING CAPITAL RATIO
Current assets-Current liabilities/Turnover x 100% 5.8% 6.5% 7.6%
HISTORICAL DATA
Basic data validity period: 1992/05/ - 2003/02/03
Legal form: LIMITED LIABILITY COMPANY
Registering agency COURT OF COMMERCE
Type : COMMERCIAL REGISTER
Number RHB 4108
Date of registration:
Nominal capital validity period: 2003/02/03 - 2004/10/19
Value : 61000.00 PLN
Number of shares: 122
Shares history validity period: 2003/02/03 - 2004/10/19
SHAREHOLDER:
Surname : SIAKAS
Names : THEODOROS
Citizenship :
Foreigner address :
Country code :
Value : 61000.00 PLN
Quant: 122
PAYMENTS
No significant trade experience has been reported thus far
RELATED FIRMS
Note reported
PROCEDURES
Officially not available
BANK
Officially not available
CUSTOMERS/SUPPLIERS
CLIENT
APC SP. Z O.O.
Identifier OPO0031865RK
BUDOWLANYCH 4A
45-005
Tel. 077/4530501
Fax. 077/4530420
http:// www.apc.com.pl
E-mail: marketing@apc.com.pl
CLIENT
PLUS DISCOUNT SP. Z O.O.
Identifier KAT0029742RK
ROOSEVELTA 18
60-829
Tel. 061/8451123
Fax. 061/8451121
http:// www.plus-discount.pl
E-mail: zakupy@plus-discount.pl
EXCHANGE RATES
USD EUR
29.12.2006 2,9105 3,8312
30.12.2005 3,2613 3,8598
31.12.2004 2,9904 4,0790
31.12.2003 3,7405 4,7170
31.12.2002 3,8388 4,0202
31.12.2001 3,9863 3,5219
Maximum Credit: 500.000 EUR
Average respite of credit: 30-60 days
all figure quoted in PLN
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. |
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%)