MIRA INFORM REPORT

 

 

Report Date :

21.09.2007

 

IDENTIFICATION DETAILS

 

Name :

DEUTZ Power Systems GmbH & Co. KG

 

 

Registered Office :

Carl-Benz-Str. 1, 68167 Mannheim

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2006

 

 

Date of Incorporation :

29.12.2004

 

 

Com. Reg. No.:

HRA 5075

 

 

Legal Form :

Limited partnership with private limited Company as General partner

 

 

Line of Business :

Manufacturing of Engines and Turbines, except Motors for Aircraft and Road Vehicles

Manufacture of Parts and Accessories for Motor Vehicles and Engines

 

 

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

 

 


name & address

 

DEUTZ Power Systems GmbH & Co. KG

Carl-Benz-Str. 1

68167 Mannheim

Telephone:        0621/3840

Telefax:             0621/3848612

Homepage:        www.deutzpowersystems.com

E-Mail:              powersystems@deutz.com

 

 

VAT no.

 

DE814202395

 

 

CONCLUSION

 

Business relations are permissible.

 

The company is considered solvent for credits within its scope of business.

 

 

LEGAL FORM 

 

Ltd partnership with priv. ltd. Company as General partner

 

 

Date of foundation

 

2004

 

 

Registered on

 

29.12.2004

 

 

Register of companies

 

Local court 68159 MANNHEIM

 

 

Under

 

HRA 5075

Total cap. Contribution

 

EUR         25.000.000,00

 

 

General Partner

 

DEUTZ Power Systems Verwaltungs GmbH

Carl-Benz-Str. 1

68167 Mannheim

Legal form: Private limited company

Share capital:     EUR             25.000,00

Reg. Data:  22.11.2004

HRB 10159

68159 MANNHEIM

 

 

Shareholder

 

Helmut Drotziger

74889 Sinsheim

born 07.04.1954

Share:             EUR             12.500,00

 

 

Shareholder

 

Klaus Guido Riese

69469 Weinheim

born 24.06.1963

Share:             EUR             12.500,00

 

 

Manager

 

Helmut Drotziger

74889 Sinsheim

born 07.04.1954

Occupation: Businessman

Marital status: married

 

 

Manager

 

Klaus Guido Riese

69469 Weinheim

born 24.06.1963

Occupation: Fully qualified merchant

Marital status: married

 

 

Proxy

 

Wolfgang Treutlein

68766 Hockenheim

born 19.02.1964

 

 

Proxy

 

Michael Grüner

69469 Weinheim

born 06.03.1966

 

 

Proxy

 

Norbert Stolz

68526 Ladenburg

born 01.02.1948

 

 

Proxy

 

Diethard Plohberger

68159 Mannheim

born 05.01.1956

 

 

Proxy

 

Heinrich Baas

Auf der Au 28

67551 Worms

born 30.08.1958

Occupation: Mechanical engineer

Marital status: married

 

 

Proxy

 

Manfred Peter

68809 Neulußheim

born 21.12.1948

 

 

Proxy

 

Helmut Müller

50667 Köln

born 27.09.1943

 

 

Limited Partner

 

DEUTZ Aktiengesellschaft

Ottostr. 1

51149 Köln

Legal form: Public limited company

Share capital:     EUR        244.687.283,66

Share:                EUR          25.000.000,00

Reg. Data:  18.07.1984

HRB 281

50939 KÖLN 41

Turnover:          EUR     14.900.000.000,00

Employees:   5.454

 

 

BUSINESS ACTIVITIES

 

29110

MANUF. OF ENGINES AND TURBINES, EXCEPT MOTORS FOR AIRCRAFT AND ROAD VEHICLES

 

34300

MANUFACTURE OF PARTS AND ACCESSORIES FOR MOTOR VEHICLES AND ENGINES

 

 

BRANCHES AND FACTORIES

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

Ottostr. 1

51149 Köln

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

Sandhofer Str. 65

68305 Mannheim

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

An der Spreeschanze 10-12

13599 Berlin

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

Föhringer Allee 15

85774 Unterföhring

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

Vinckeweg 26

47119 Duisburg

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

Mittelhäuser Str. 76-79

99089 Erfurt

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

Niendorfer Weg 11

22453 Hamburg

 

Branch:

DEUTZ Power Systems GmbH & Co. KG

Kirchenstr. 21

90478 Nürnberg

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Carl-Benz-Str. 1

                                    68167 Mannheim

 

Land register documents were not available.

 

 

BANKERS

 

DEUTSCHE BANK, MANNHEIM

Sort. code: 67070010

 

 

FIGURES

 

Financial year:               01.01. - 31.12.

Turnover:                       2005     EUR        217.701.000,00

                                    2006     EUR        314.000.000,00

Profit:                            2005     EUR               433.000,00

Total cap. contribution:                           EUR          25.000.000,00

Value of stocks:                        EUR          57.502.000,00

Liabilities:                                  EUR          65.812.000,00

Employees:                                                               670

 

Approximate figures are given.


 

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%)

 

 

 

 

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