MIRA
INFORM REPORT
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Report Date : |
17.07.2008 |
IDENTIFICATION
DETAILS
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Name : |
FPM SA |
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Registered Office : |
FPM Spółka Akcyjna, Towarowa 11, 43-190 Mikołów |
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Country : |
Poland |
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Financials (as on) : |
31.12.2007 |
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Year of Establishment : |
1858 |
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Legal Form : |
Joint Stock Company |
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Line of Business : |
Manufacture of Steam Generators, Except Central Heating Hot Water Boilers |
RATING &
COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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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 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
ADDRESS DATA
FPM SPÓŁKA AKCYJNA
TOWAROWA 11
43-190 MIKOŁÓW
Tel. 032/7379000
Fax. 032/7379111
http:// www.fpmsa.com
E-mail: zarzad@paleniska.pl
BASIC DATA
REGONCODE 271569520
VAT: 635-00-00-593
Nationwide Court Register KRS 0000015844
Legal form: JOINT STOCK COMPANY
Status: ACTIVE
Start of activity: 1858
Registering agency COURT OF COMMERCE, KATOWICE
Type : NATIONAL COURT REGISTER
NACE code 28.30
Manufacture of steam generators, except central heating hot water boilers
NACE code 29.21
Manufacture of furnaces and furnace burners
NACE code 29.52
Manufacture of machinery for mining, quarrying and construction
Export
Ukraine
Import
Germany
ORGANIZATIONAL-LEGAL DATA
Register capital:
Value : 3309067.90 PLN
Number of shares: 1043870
SHAREHOLDERS: Officially not available
SUPERVIS.BOARD:
Surname : GOŁUCH
Names : DANUTA MAŁGORZATA
PESEL : 60041008807
Citizenship : Poland
Addr.:
Country code : Poland
SUPERVIS.BOARD:
Surname : WIĘCŁAWSKI
Names : ROBERT RYSZARD
PESEL : 70051806832
Citizenship : Poland
Addr.:
Country code : Poland
SUPERVIS.BOARD:
Surname : KURPANIK
Names : JAN PIOTR
PESEL : 58060307876
Citizenship : Poland
Addr.:
Country code : Poland
MANAG.:
VICE-PRESIDENT OF THE BOARD
Surname : JANUSZKIEWICZ
Names : MARIAN GRZEGORZ
PESEL : 60102402258
Citizenship : Poland
Addr.:
Country code : Poland
MANAG.:
PRESIDENT OF THE BOARD
Surname : DZIERZĘGA
Names : PIOTR HENRYK
PESEL : 61102801115
Citizenship : Poland
Addr.:
Country code : Poland
SHARES IN OTHER COMPANIES
PALSERWIS SPÓŁKA Z O.O.
Identifier CEN0220044CK
TOWAROWA 11
43-190 MIKOŁÓW
Value : 219250.00 PLN
Quant: 4385
EMPLOYMENT
Total (MIN MAX) Productive(MIN MAX) Unprod.(MIN MAX) DATE FROM DATE TO
228-228 - - 2007/01/01-2007/12/31
223-223 - - 2006/01/01-2006/12/31
210-210 - - 2005/01/01-2005/12/31
200-200 - - 2004/01/01-2004/12/31
331-331 - - 1999/01/01-1999/12/31
354-354 - - 1998/01/01-1998/12/31
616-616 - - 1997/01/01-1997/12/31
759- - - 1996/01/01-1996/12/31
769- - - 1995/01/01-1995/12/31
REAL ESTATE
Real estate: GN GROUNDS
RENTED: Area from to Value
- 1073766.50 PLN
Real estate: BD BUILDINGS AND CONSTRUCTIONS
OWN: Area from to Value
- 7055918.83 PLN
2007/12/31
SALES
2007/01/01 - 2007/12/31 65430111.85
2006/01/01 - 2006/12/31 63121323.23
2004/01/01 - 2004/12/31 41000000.00
2001/01/01 - 2001/12/31 26286128.77
2000/01/01 - 2000/12/31 24639248.01
1998/01/01 - 1998/12/31 34780000.00
1997/01/01 - 1997/12/31 33580000.00
1996/01/01 - 1996/12/31 42383500.00
1995/01/01 - 1995/12/31 31947000.00
FINANCIAL DATA
Balance sheet as on 2006/12/31 2007/12/31
ASSETS
A. Total
non-current assets: 13906502.24 18159290.68
I.Intangible assets:
123606.63 220269.71
1.Costs
of development activities: 0.00 0.00
2.Goodwill: 0.00 0.00
3.Other
intangible fixed assets: 123606.63 220269.71
4.Prepayments for intangible assets: 0.00 0.00
II.Fixed
assets: 10618855.60 11904561.84
1.tangible fixed assets: 9165680.13 11689059.64
a)land: 1182981.16 1073766.50
b)buildings: 6560873.98 7055918.83
c)machinery and equipment: 1136863.67 3173624.21
d)vehicles: 193556.42 256033.13
e)other tangible fixed assets: 91404.90 129716.97
2.Investments in progress: 1376860.89 145090.20
3.Investments in progress paid on accounts: 76314.58 70412.00
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: 2697256.83 5529845.99
1.Real-estate
property: 0.00 0.00
2.Intangible assets: 0.00 0.00
3.Long-term financial assets: 2697256.83 5529845.99
a)in
related companies: 0.00 2800000.00
-
shares: 0.00 2800000.00
- 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: 2697256.83 2729845.99
-
shares: 0.00 0.00
-
other commercial papers: 0.00 0.00
-
provided loans: 1560807.99 0.00
-
other long-term financial assets: 1136448.84 2729845.99
4.Other
long-term investments: 0.00 0.00
V.Long-term interperiod settlements: 466783.18 504613.14
1.Assets from deffered income tax:
303227.00 458084.00
2.Others:
163556.18 46529.14
B. Current
assets: 24809193.49 28223250.45
I.Inventory
8911045.60 9559815.06
1.Materials: 5921802.87 6866574.97
2.Semi-products and work in progress: 1302258.19
1041278.48
3.Finished goods: 755940.70 473827.59
4.Products: 629561.83 1161096.24
5.Advance payment for delivery: 301482.01 17037.78
II.Accounts receivable: 5239202.86 7375440.10
1.From
related companies: 21500.57 21545.84
a)trade receivables: 21500.57 21545.84
-
within 12 months: 21500.57 21545.84
-
more than 12 months: 0.00 0.00
b)others: 0.00 0.00
2.From
other companies: 5217702.29 7353894.26
a)trade receivables: 3946295.97 6454182.39
-
within 12 months: 3916988.44 6432537.89
-
more than 12 months: 29307.53 21644.50
b)tax
and social receivables:
1206228.86 827718.25
c)other receivables:
65177.46 71993.62
d)accounts receiv. result. from disputable claims: 0.00 0.00
III.Short-term investments: 3767643.01
2305976.21
1.Short-term financial assets: 3767643.01 2305976.21
a)in
related companies: 207777.78 0.00
-
shares: 0.00 0.00
-
other commercial papers: 0.00 0.00
-
provided loans: 207777.78 0.00
-
other short-term financial assets: 0.00 0.00
b)in
other companies: 67170.63 594770.81
-
shares: 0.00 0.00
-
other commercial papers: 0.00 0.00
-
provided loans: 0.00 0.00
-
other short-term financial assets: 67170.63 594770.81
c)cash and other cash assets: 3492694.60 1711205.40
-
cash in hand and at bank:
34981.54 44151.05
-
other cash means: 3457713.06 1667054.35
-
other cash assets: 0.00 0.00
2.Other
short-term investments: 0.00 0.00
IV.Short-term interperiod settlements: 6891302.02 8982019.08
Total
assets (A+B): 38715695.73 46382541.13
LIABILITIES
A. Net
worth:
23813068.05 26292606.76
I.Issued
capital: 3309067.90 3309067.90
II.Outstanding but unpaid contribution for share: 0.00 0.00
III.Entity's own capital (negative): 0.00 0.00
IV.Reserve
capital: 12183038.54 14552551.83
V.Revaluation reserve: 3895628.22 3868659.47
VI.Other
reserve capitals: 509238.40 0.00
VII.Profit/loss brutto forward: 0.00 0.00
VIII.Net
financial result for the year: 3916094.99 4562327.56
IX.Write-offs
from net profit: |
0.00 0.00
B.Liabilities & reserves: 14902627.68
20089934.37
I.Reserve
for liabilities: 661156.60 831790.90
1.Reserves for deffered income tax: 125936.31 348074.00
2.Reserves for retirement and similar: 535220.29 483716.90
-
long-term: 306252.29 344633.19
-
short-term: 228968.00 139083.71
3.Other
reserves: 0.00 0.00
-
long-term: 0.00 0.00
-
short-term: 0.00 0.00
II.Long-term liabilities: 156574.52 1003383.60
1.To
related companies: 0.00 750000.00
2.To
other companies: 156574.52 253383.60
a)credits and loans: 0.00 0.00
b)commercial papers: 0.00 0.00
c)other financial liabilities: 0.00 0.00
d)other long-term liabilities: 156574.52 253383.60
III.Short-term liabilities: 11639818.08 15817038.03
1.To
related companies: 1406388.84 2724891.66
a)trade payable: 419254.52 751691.07
-
within 12 months: 419254.52 751691.07
-
more than 12 months: 0.00 0.00
b)other: 987134.32 1973200.59
2.To
other companies: 10014486.85 12882065.78
a)bank
loans: 1221921.93 5815065.46
b)commercial papers: 0.00 0.00
c)other financial liabilities: 0.00 0.00
d)trade payables:
3887580.68 4251341.79
-
within 12 months: 3820856.00 4251341.79
-
more than 12 months: 66724.68 0.00
e)supplies
paid on account: 3214194.06 1189021.64
f)notes payable: 0.00 0.00
g)tax
& social securities: 650911.40
856121.68
h)payroll payable: 391285.99 469938.46
i)other short-term liabilities: 648592.79 300576.75
3.Special funds: 218942.39 210080.59
IV.Accrued
liabilities: 2445078.48 2437721.84
1.Negative goodwill: 0.00 0.00
2.Other:
2445078.48 2437721.84
-
long-term: 2131667.31 1129986.42
-
short-term: 313411.17 1307735.42
Total
liabilties (A+B): 38715695.73 46382541.13
Balance
sheet as on 2001/12/31 2002/12/31
ASSETS
A. Total
non-current assets: 11286000.00 10626000.00
I.Intangible assets: 46000.00 8000.00
II.Fixed
assets:
10930000.00 10314000.00
B. Current
assets: 11730000.00 13767000.00
I.Inventory
2744000.00 2321000.00
II.Accounts receivable: 3670000.00 5132000.00
IV.Short-term interperiod settlements: 382000.00 138000.00
Total
assets (A+B): 23016000.00 24393000.00
LIABILITIES
A. Net
worth:
17267000.00 18445000.00
I.Issued
capital: 3309000.00 3309000.00
IV.Reserve
capital: 7351000.00 9600000.00
VII.Profit/loss brutto forward: -1339000.00
VIII.Net
financial result for the year: -501000.00 1177000.00
B.Liabilities & reserves: 5749000.00 5949000.00
I.Reserve
for liabilities: 348000.00 880000.00
II.Long-term liabilities: 0.00 0.00
III.Short-term liabilities: 3246000.00 2800000.00
IV.Accrued
liabilities: 2155000.00 2269000.00
Total
liabilties (A+B): 23016000.00 24393000.00
Balance
sheet as on 1999/12/31 2000/12/31
ASSETS
A. Total
non-current assets: 11538000.00 10557000.00
I.Intangible assets: 71000.00 97000.00
II.Fixed
assets: 11119000.00 10110000.00
B. Current
assets: 12770000.00 10424000.00
I.Inventory 3010000.00 3145000.00
II.Accounts receivable: 4386000.00 4158000.00
IV.Short-term interperiod settlements: 30000.00 270000.00
Total
assets (A+B): 24308000.00 20981000.00
LIABILITIES
A. Net
worth:
20864000.00 17768000.00
I.Issued
capital: 3309000.00 3309000.00
IV.Reserve
capital: 10169000.00 10171000.00
VII.Profit/loss brutto forward: -1364000.00
-1339000.00
VIII.Net
financial result for the year: 25000.00 -3096000.00
B.Liabilities & reserves: 3444000.00 3213000.00
I.Reserve for
liabilities: 368000.00 489000.00
II.Long-term liabilities: 0.00 0.00
III.Short-term liabilities: 2570000.00 2409000.00
IV.Accrued
liabilities: 506000.00 315000.00
Total
liabilties (A+B): 24308000.00 20981000.00
Profit and loss account (comp) 2006/12/31 2007/12/31
2006/01/01 2007/01/01
A. Net sales
of goods and products: 62053620.91 63643034.80
-
including to related companies 607309.37 752107.54
I.Net
sales of products: 54528035.37 63323801.92
II.Change
of products : -850805.67 -4374192.49
III.Costs
of production: 0.00 0.00
IV.Net
sale of goods and materials: 8376391.21 4693425.37
B. Operation
expenses: 57236075.60 57275560.05
I.
Depreciation: 890657.98 1232055.75
II. Costs
of materials and energy: 30422443.14 29356909.35
III.
Outside services: 8868019.98 11375223.51
IV.Taxes
:
701148.09 694803.23
-
including excise taxes: 0.00 0.00
V.
Salaries: 6841277.99 8314909.96
VI. Social
taxes & related: 1755958.07 1994528.87
VII.
Other:
359908.02 293155.31
VIII.
Goods and materials sold: 7396662.33 4013974.07
C. Profit
(loss) on sale (A-B): 4817545.31 6367474.75
D. Other operation
incomes:
771824.15 1315816.90
I.Profit
from sale of tangible assets: 0.00 204860.92
II.Grants
& subsidies: 53505.77 60453.05
III.Other:
718318.38 1050502.93
E. Other
operating costs: 728420.24 1949724.63
I.Loss from
sale of tangible assets: 307756.12 0.00
II.Revaluation of non-financial assets: 165306.34 962748.03
III.Other:
255357.78 986976.60
F. Profit
from operating activity (C+D-E): 4860949.22 5733567.02
G. Financial
income: 295878.17 471260.15
I.
Dividends: 0.00 0.00
- from
subisdiaries and affiliates: 0.00 0.00
II.Interest
receivable: 291588.60 123715.19
- from
subisdiaries and affiliates: 0.00 8863.46
III.Profits
from investment transfeered: 494.61 0.00
IV.Revaluation of investments: 0.00 235492.22
V.Other:
3794.96 112052.74
H. Financial
costs: 436138.05 312113.92
I.Interest
payable including: 130047.29 268565.54
- 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:
306090.76 43548.38
I. Profit
(loss) from economic activity (F+G-H): 4720689.34
5892713.25
J. Extraordinary
items (J.I-J.II): 0.00 0.00
I.Extraordinary incomes: 0.00 0.00
II.Extraordinary losses: 0.00 0.00
K. Gross
profit for the year (I+/-J): 4720689.34 5892713.25
L. Corporate
income tax: 804594.35 1330385.69
M. Other
obligatory charges: 0.00 0.00
N. Net
profit for the year (K-L-M): 3916094.99 4562327.56
Profit and loss account (calc)
2001/12/31 2002/12/31
2001/01/01 2002/01/01
A. Net sales
of goods and products:
23167000.00 28019000.00
-
including to related companies
I. Net
sales of products
II. Net
sale of goods and materials
B. Operation
expenses:
-
including to related companies
I. Cost of
production
II. Goods
and materials at cost
C. Gross
profit on sale(A-B)
D. Costs of
sale
E. General
administrative costs
F. Profit
from sale (C-D-E) -1488000.00 2012000.00
G. Other
operation incomes 1506000.00 507000.00
I. Profit
from sale of tangible assets
II. Grants
& subsidies
III.
Other
H. Other
operating costs 1075000.00 1701000.00
I. Loss
from sale of tangible assets
II.
Revaluation of non-financial assets
III. Other
operating costs
I. Profit
from operating activity (F+G-H) -1057000.00 818000.00
J. Financial
income 639000.00 736000.00
I.
Dividends
- from
subisdiaries and affiliates
II.
Interest receivable
- from
subisdiaries and affiliates
III.
Profits from investment transfeered
IV.
Revaluation of investments
V.
Other
K. Financial
costs 83000.00 131000.00
I.
Interest payable including:
- to
related companies
II. Loss
from invetsments transffered
III.
Revaluation of investments
IV.
Other
L. Profit
from economic activity (I+J-K) -501000.00 1423000.00
M.
Extraordinary items (M.I - M.II)
I.
Extraordinary incomes
II.Extraordinary losses
N. Gross
profit for the year (L+M) -501000.00 1423000.00
O. Corporate
income tax
P. Other
obligatory charges
R. Net
profit for the year (N-O-P) -501000.00 1177000.00
Profit and loss account (calc)
1999/12/31 2000/12/31
1999/01/01 2000/01/01
A. Net sales
of goods and products:
24511000.00 21615000.00
-
including to related companies
I. Net
sales of products
II. Net
sale of goods and materials
B. Operation
expenses:
-
including to related companies
I. Cost of
production
II. Goods and materials at cost
C. Gross
profit on sale(A-B)
D. Costs of
sale
E. General
administrative costs
F. Profit
from sale (C-D-E) -111000.00 -3089000.00
G. Other
operation incomes 1310000.00 2031000.00
I. Profit
from sale of tangible assets
II. Grants
& subsidies
III. Other
H. Other
operating costs 2345000.00 2436000.00
I. Loss
from sale of tangible assets
II.
Revaluation of non-financial assets
III. Other
operating costs
I. Profit
from operating activity (F+G-H) -1145000.00 -3493000.00
J. Financial
income 762000.00 993000.00
I.
Dividends
- from subisdiaries and affiliates
II.
Interest receivable
- from
subisdiaries and affiliates
III.
Profits from investment transfeered
IV.
Revaluation of investments
V.
Other
K. Financial
costs 169000.00 596000.00
I.
Interest payable including:
- to related companies
II. Loss
from invetsments transffered
III.
Revaluation of investments
IV.
Other
L. Profit
from economic activity (I+J-K) -552000.00 -3096000.00
M.
Extraordinary items (M.I - M.II) 5000.00 1000.00
I.
Extraordinary incomes
II.Extraordinary losses
N. Gross
profit for the year (L+M) -547000.00 -3096000.00
O. Corporate
income tax
P. Other
obligatory charges
R. Net
profit for the year (N-O-P) 25000.00 -3096000.00
Cash flow statement 2007/12/31
2007/01/01
A. Operating
cash flow -148350.47
I. Net
profit 4562327.56
II.
Adjustments -4710678.03
1.
Depreciation 1232055.75
2. Profit
on exchange rates difference .00
3.
Interests/dividends receivable/payable 52865.76
4. Loss on
investment activities 204860.92
5. Change
of reserves 170634.30
6. Change
in invesntories -648769.46
7. Change
in accounts receivable -2136197.24
8. Change
in short-term liabilities -793000.87
9. Change
in prepaid items -2135903.66
10. Other
items 141770.17
III.Net
operating cash flow (I +/- II) -148350.47
B. Investment cash flow -3569763.37
I. Cash
inflows from investment activities 1341674.49
1. Sale of
intangible assets 279223.60
2. Sale of
real-estate property and intang. assets .00
3. Sale of
financial assets 841956.45
a) in
related companies .00
-
financial assets transferred .00
-
dividends and share in profits .00
-
repayments of long-term loans granted .00
-
interests .00
-
other inflows .00
b) in
other companies 841956.45
-
financial assets transferred .00
-
dividends and share in profits .00
-
repayments of long-term loans granted 95319.50
-
interests 746636.95
-
other inflows .00
4. Other
investment inflows 220494.44
II. Cash
outflows from investment activities 4911437.86
1.
Acquired intangible and tangible fixed assets 2602474.08
2.
Investments in real-estate and intangible assets .00
3. On
financial assets 250000.00
a)
assets in related companies 250000.00
b)
assets in other companies .00
-
financial assets acquired .00
-
long-term loans granted .00
4. Other
investment outflows 2058963.78
III. Net
cash from invetsment activities -3569763.37
C. Financial cash flow 1936624.64
I. Inflows
from financial activity 4593143.53
1. Net
inflows from issuing shares, capital instr. .00
2. Bank
credits and loans 4593143.53
3. Issue
of debt securities .00
4. Other financial
inflows .00
II. Cash
outflows from financial activity 2656518.89
1. Own
shares acquired .00
2.
Dividends and other payables to owner 2087780.00
3.
Payments, other than dividends,to shareholders/owners .00
4. Bank
credits and loan repaids .00
5. Debt
securities and loans repaid .00
6.
Resulted from financial leasing .00
7.
Interests payable 537685.98
8.
Interests 31052.91
9. Other
financial outflows .00
III. Net
financial cash flow 1936624.64
D. Total net
cash flow (A.III +/- B.III +/-
C.III) -1781489.20
E. Change in
cash. positions in balance 1781489.20
- including
due to the foreign exchanges difference .00
F. Cash at
the beginning of the year 3492694.60
G. Cash at
the end of the year (F +/- D)
1711205.40
-
including restricted cash 128477.49
Cash flow statement 2006/12/31
2006/01/01
A. Operating
cash flow 312023.34
I. Net
profit 3916094.99
II.
Adjustments -3604071.65
1.
Depreciation 890657.98
2. Profit
on exchange rates difference .00
3.
Interests/dividends receivable/payable 104829.80
4. Profit
on investment activities 307756.12
5. Change
of reserves 171227.88
6. Change
in invesntories -2030829.53
7. Change
in accounts receivable -550266.76
8. Change
in short-term liabilities 3949244.62
9. Change
in prepaid items -5632435.07
10. Other
items 604597.09
III.Net
operating cash flow (I +/- II) 312023.34
B. Investment cash flow 189081.57
I. Cash
inflows from investment activities
1394859.88
1. Sale of
intangible assets 349199.38
2. Sale of
real-estate property and intang. assets .00
3. Sale of
financial assets 1045660.50
a) in related companies
.00
-
financial assets transferred .00
-
dividends and share in profits .00
-
repayments of long-term loans granted .00
-
interests .00
-
other inflows .00
b) in
other companies
1045660.50
-
financial assets transferred .00
-
dividends and share in profits .00
-
repayments of long-term loans granted 1045660.50
- interests .00
-
other inflows .00
4. Other
investment inflows .00
II. Cash
outflows from investment activities 1205778.31
1.
Acquired intangible and tangible fixed assets 938607.68
2.
Investments in real-estate and intangible assets .00
3. On
financial assets
200000.00
a)
assets in related companies .00
b)
assets in other companies 200000.00
-
financial assets acquired 200000.00
-
long-term loans granted .00
4. Other
investment outflows 67170.63
III. Net
cash from invetsment activities 189081.57
C. Financial cash flow -1036771.31
I. Inflows
from financial activity 1721921.93
1. Net
inflows from issuing shares, capital instr. .00
2. Bank
credits and loans 1721921.93
3. Issue
of debt securities .00
4. Other
financial inflows .00
II. Cash
outflows from financial activity 2758693.24
1. Own
shares acquired .00
2.
Dividends and other payables to owner 2609675.00
3.
Payments, other than dividends,to shareholders/owners .00
4. Bank credits
and loan repaids .00
5. Debt
securities and loans repaid .00
6.
Resulted from financial leasing .00
7.
Interests payable 119428.50
8.
Interests 29589.74
9. Other
financial outflows .00
III. Net
financial cash flow -1036771.31
D. Total net
cash flow (A.III +/- B.III +/-
C.III) -535666.40
E. Change in
cash. positions in balance 535666.40
- including
due to the foreign exchanges difference .00
F. Cash at
the beginning of the year 4028361.00
G. Cash at
the end of the year (F +/- D) 3492694.60
-
including restricted cash 142089.29
Cash flow statement 2002/12/31
2002/01/01
A. Operating
cash flow
1471000.00
B. Investment cash flow -52000.00
C. Financial cash flow 433000.00
D. Total net
cash flow (A.III +/- B.III +/-
C.III) 1851000.00
Cash flow statement 2001/12/31
2001/01/01
A. Operating
cash flow 243000.00
B. Investment cash flow -1467000.00
C. Financial cash flow 445000.00
D. Total net
cash flow (A.III +/- B.III +/-
C.III) -779000.00
Cash flow statement 2000/12/31
2000/01/01
A. Operating
cash flow -2197000.00
B. Investment cash flow -1088000.00
C. Financial cash flow 792000.00
D. Total net
cash flow (A.III +/- B.III +/-
C.III) -2493000.00
Cash flow statement 1999/12/31
1999/01/01
A. Operating
cash flow 529000.00
B. Investment cash flow -463000.00
C. Financial cash flow 597000.00
D. Total net
cash flow (A.III +/- B.III +/-
C.III) 663000.00
Cash flow statement 1998/12/31
1998/01/01
A. Operating
cash flow 663000.00
B. Investment cash flow 2235000.00
C. Financial cash flow 667000.00
D. Total net
cash flow (A.III +/- B.III +/-
C.III) 3565000.00
INDEX ANALYSE
year
2002 2006 2007
CURRENT
RATIO (CR)
Current
Assets/Current liabilities
4.9167857 2.1314073 1.7843575
QUICK RATIO
(QR)
Current
Assets-Inventory/Current liabilities
4.0878571 1.3658416 1.1799577
CASH RATIO
(SQR)
Cash/Current
liabilities 0.3000644 0.1081875
STOCK
TURNOVER/DAY'S SUPPLY IN INVENTORY
Inventory/Turnover x 365 days 30.2354
52.4149 54.8266
CREDITORS
DAYS/DAY'S SALES IN RECEIVABLES
Current
receivables/Turnover x 365 days
66.8539 30.8170 42.2990
DEBTORS
DAYS/DAY'S PURCHASE IN PAYABLES
Current
liabilities/Turnover x 365 days
36.475 68.466 90.713
TOTAL
INDEBTNESS/DEBT RATIO
Outside
capital/Equity capital x 100%
24.4% 38.5% 43.3%
LONG TERM
INDEBTNESS I/LONG TERM DEBT RATIO I
Longterm
liabilities/Equity capital
0.00000 0.00658 0.03816
LONG TERM
INDEBTNESS II/LONG TERM DEBT RATIO II
Longterm
liab./Equity cap.+Longterm liab. x 100%
0.0% 0.7% 3.7%
RETURN ON
SALES (ROS)
Net
profit/Turnover x 100% 4.2%
6.3% 7.2%
RETURN ON
ASSETS (ROA)
Net
profit/Total assets x 100% 4.8%
10.1% 9.8%
RETURN ON
EQUITY (ROE)
Net
profit/Equity capital x 100% 6.4%
16.4% 17.4%
LONG TERM
LIABILITIES IN OUTSIDE CAPITAL
Longterm
liabilities/Outside capital x 100%
0.0000000 0.0132731 0.0596527
WORKING
CAPITAL
Current
assets-Current liabilities
10967000.00 13169375.41 12406212.42
WORKING
CAPITAL RATIO
Current
assets-Current liabilities/Turnover x 100%
39.1% 21.2% 19.5%
HISTORICAL DATA
Address data validity period: 2001/05/30 - 2004/09/30
FABRYKA PALENISK MECHANICZNYCH SPÓŁKA AKCYJNA
TOWAROWA 11
43-190 MIKOŁÓW
Tel. 032/7379000
Fax. 032/7379244
http:// www.paleniska.pl
E-mail: zarzad@paleniska.pl
Basic data validity period: 1992 - 2001
Legal form: JOINT STOCK COMPANY
Registering agency COURT OF COMMERCE
Type : COMMERCIAL REGISTER
Number RHB 7928
Date of registration: 04/07/1992
Nominal capital validity period: 2001/05/30 - 2004/09/30
Value : 3309067.00 PLN
Number of shares: 1043870
Function history validity period: 2004/09/30 - 2005/02/09
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : LUBOWIECKI
Names : LESZEK MACIEJ
PESEL : 59111915750
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2004/09/30 - 2005/02/09
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : ZAWISZA
Names : MICHAŁ
PESEL : 71100908233
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2003/12/22 - 2004/09/30
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : MALCZYK
Names : MARIAN IRENEUSZ
PESEL : 60021404519
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2003/05/09 - 2003/09/19
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : LIP
Names : PIOTR BOGDAN
PESEL : 70092005197
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2002/10/30 - 2003/09/19
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : ROCZNIAK
Names : TADEUSZ RYSZARD
PESEL : 48102904833
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2002/10/30 - 2003/09/19
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : ANDRZEJAK
Names : ANNA KATARZYNA
PESEL : 75010706141
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2002/06/06 - 2003/09/19
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : GĄSOWSKA
Names : MAŁGORZATA
PESEL : 75072114045
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2002/05/13 - 2003/09/19
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : SZCZEPKOWSKA
Names : BOŻENA ANNA
PESEL : 56062810123
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2002/05/13 - 2003/12/22
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : GODLEWSKI
Names : MAREK KAROL
PESEL : 64062404138
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2001/12/29 - 2002/10/30
FUNCTION ACTING :
SUPERVISORY BOARD
Surname :
PODKOWIŃSKA
Names : DOBROCHNA ANNA
PESEL : 46030703807
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2001/05/30 - 2002/10/30
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : KURPANIK
Names : JAN PIOTR
PESEL : 58060307876
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2001/05/30 - 2001/12/29
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : GODLEWSKI
Names : MAREK KAROL
PESEL : 64062404138
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2001/05/30 - 2003/05/09
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : RODAK
Names : ZBIGNIEW FRANCISZEK
PESEL : 56081003151
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2001/05/30 - 2002/10/30
FUNCTION ACTING :
BOARD
MEMBER OF THE BOARD
Surname : KRAJEWSKI
Names : WITOLD
PESEL : 48012804117
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2001/05/30 - 2004/09/30
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : CHOWICKA
Names : EWA
PESEL : 67091100442
Citizenship : Poland
Addr.:
Country code : Poland
Function history validity period: 2001/05/30 - 2002/06/06
FUNCTION ACTING :
SUPERVISORY BOARD
Surname : ZARYCH
Names : ANDRZEJ
PESEL : 68061603031
Citizenship : Poland
Addr.:
Country code : Poland
PROXIES/PLENIPOTENTIAR.: 2001/05/30 - 2002/05/13
PROXY
Surname : REMER
Names : ZYGMUNT
PESEL : 59121406051
Citizenship : Poland
Addr.:
Country code : Poland
PROXIES/PLENIPOTENTIAR.: 2001/05/30 - 2003/05/09
PROXY
Surname : BIES
Names : ANDRZEJ WOJCIECH
PESEL : 57110913113
Citizenship : Poland
Addr.:
Country code : Poland
PROXIES/PLENIPOTENTIAR.: 2001/05/30 - 2003/05/09
PROXY
Surname : WYŻGOŁ
Names : JOANNA MARIOLA
PESEL : 59031203601
Citizenship : Poland
Addr.:
Country code : Poland
PROXIES/PLENIPOTENTIAR.: 2001/05/30 - 2003/05/09
PROXY
Surname : WOJTUSZEK
Names : JÓZEF TADEUSZ
PESEL : 58031606933
Citizenship : Poland
Addr.:
Country code : Poland
PAYMENTS
No significant trade experience has been reported thus far
TRADE PARTNERS
PARTNER:
FABRYKA KOTŁÓW RAFAKO SA
Identifier KAT0016577RK
ŁĄKOWA 33
47-400 RACIBÓRZ
Mail box: 112
Tel. 032/4101000
Fax. 032/4101256
http:// www.rafako.com.pl
E-mail: info@rafako.com.pl
PARTNER:
PRZEDS.REAL.OBIEKTÓW ENERGET.I PRZEMYSŁ."MEGADEX"S.A.
Identifier CEN0059912CK
MICKIEWICZA 63
01-625 WARSZAWA
Tel. 022/8332251,8331304,8331912
Fax. 022/8333731,
mobile: www.dialcom.com.pl/megadex/
E-mail: megadex@pol.pl
RELATED FIRMS
RELATED FIRMS:
MAKRUM SA
Identifier BYD0014330RK
LEŚNA 11-19
85-676 BYDGOSZCZ
Tel. 052/3236402
Fax. 052/3236401
http:// www.makrum.pl
E-mail: sekretariat@makrum.pl
RELATED FIRMS:
SIÓDMY NARODOWY FUNDUSZ INWESTYCYJNY IM. KAZIMIERZA WIELKIEGO SA
Identifier CEN0139169CK
ZWYCIĘZCÓW 28, LOK. 51
01-201 WARSZAWA
Tel. 022/7406740
Fax. 022/6725115
http:// www.7nfi.pl
E-mail: biuro@7nfi.pl
RELATED FIRMS:
NIF INVESTMENTS SPÓŁKA Z O.O.
Identifier CEN0186937CK
GROCHOWSKA 316/320
03-839 WARSZAWA
RELATED FIRMS:
FIRMA CHEMICZNA DWORY SPÓŁKA AKCYJNA
Identifier IBB0043409RK
CHEMIKÓW 1
32-600 OŚWIĘCIM
Tel. 033/8441821
Fax. 033/8442103
http:// www.dwory.pl
E-mail: marketing@dwory.pl
RELATED FIRMS:
BESKIDZKIE TARTAKI "BESTAR" SPÓŁKA AKCYJNA
Identifier IBB0050739RK
KRAKOWSKA 72
32-650 KĘTY
Tel. 033/8452226, 8452742
Fax. 033/8453508
RELATED FIRMS:
EUROFILMS SA
Identifier ICZ0014450RK
ZWIERZYNIECKA 12
55-200 OŁAWA
Tel. 071/3034305
Fax. 071/3034309
http:// www.eurofilms.eu
E-mail: biuro@eurofilms.eu
RELATED FIRMS:
PLESZEWSKIE ZAKŁADY PAPIERNICZE SA
Identifier IOW0003928RK
BOGUSZA 3A
63-300 PLESZEW
Tel. 062/5080101
Fax. 062/5080070
http:// www.pzpsa.com.pl
E-mail: pzpsa@pzpsa.com.pl
RELATED FIRMS:
RADOMSKIE PRZEDSIĘBIORSTWO BUDOWLANE SPÓŁKA AKCYJNA
Identifier IRA0026716RK
ŻEROMSKIEGO 94
26-600 RADOM
Tel. 24181
RELATED FIRMS:
DRWALEWSKIE ZAKŁADY PRZEMYSŁU BIOWETERYNARYJNEGO SA
Identifier IRA0030347RK
GRÓJECKA 6
05-651 DRWALEW
Tel. 048/6643047
Fax. 048/6646551
http:// www.biowet-drwalew.pl
E-mail: biowetdr@webmedia.pl
RELATED FIRMS:
ZAKŁADY NAPRAWCZE TABORU KOLEJOWEGO "MIŃSK MAZOWIECKI" SPÓŁKA AKCYJNA
Identifier ISI0007724RK
GEN. SOSNKOWSKIEGO 34
05-300 MIŃSK MAZOWIECKI
Tel. 025/7593666,7593467...8
Fax. 025/7593360
E-mail: zntkmm@se.onet.pl
Mail address:
GEN.SOSNKOWSKIEGO 34
05-300 MIŃSK MAZOWIECKI
RELATED FIRMS:
KARKONOSKIE ZAKŁADY MASZYN ELEKTRYCZNYCH KARELMA SA
Identifier JEL0028623RK
ŚWIERCZEWSKIEGO 11
58-573 PIECHOWICE
Tel. 075/7546400
Fax. 075/7546464
http:// www.karelma.com.pl
E-mail: karelma@karelma.com.pl
RELATED FIRMS:
ZAKŁADY CHEMICZNE ORGANIKA-AZOT SA
Identifier KAT0023249RK
CHOPINA 94
43-600 JAWORZNO
Tel. 032/6143110
Fax. 032/6143115
http:// www.azot.com.pl
E-mail: prezes@azot.com.pl
RELATED FIRMS:
ZAKŁADY TWORZYW SZTUCZNYCH ZĄBKOWICE-ERG SA
Identifier KAT0025044RK
CHEMICZNA 6
42-520 DĄBROWA GÓRNICZA
Tel. 032/2640281
Fax. 032/2686050
http:// www.erg.com.pl
E-mail: zts@erg.com
RELATED FIRMS:
ZAKŁADY CHEMICZNE "STREM" SPÓŁKA AKCYJNA W UPADŁOŚCI
Identifier KAT0028459RK
PUSZKINA 41
42-530 DĄBROWA GÓRNICZA
Tel. 032/2643611,2646090
Fax. 032/2642209,2646900
http:// www.strem.com.pl
RELATED FIRMS:
ZAKŁADY MIĘSNE SPÓŁKA AKCYJNA
Identifier KIE0025768RK
ZAGNAŃSKA 71
25-558 KIELCE
Tel. 041/3315421,3310631
Fax. 041/3315421
RELATED FIRMS:
OBSZAR PRZEMYSŁOWY-ZAKŁADY OSTROWIECKIE SPÓŁKA AKCYJNA W UPADŁOŚCI
Identifier KIE0026439RK
ŚWIĘTOKRZYSKA 8
27-400 OSTROWIEC ŚW.
Tel. 041/2636283
Fax. 041/2651234
RELATED FIRMS:
KOSZALIŃSKIE PRZEDSIĘBIORSTWO PRZEMYSŁU DRZEWNEGO SA
Identifier KOS0010743RK
3 MAJA 2
78-400 SZCZECINEK
Tel. 094/3742711
Fax. 094/3743397
http:// www.kppd.pl
E-mail: kppd@kppd.pl
RELATED FIRMS:
PRZEDSIĘBIORSTWO PRZEMYSŁU MIĘSNEGO "TORMIĘS" SPÓŁKA AKCYJNA
Identifier TOR0001561RK
TARGOWA 2/4
87-100 TORUŃ
Tel. 056/553121,553126
Fax. 056/553126
PROCEDURES
Officially not available
ADDITIONAL INFORMATION
CERTIFICATES:
- ISO 9001:2000
- PN-N 18001:2004
- DIN EN ISO 3834-2
BANK
Name: Bank Rozwoju Eksportu SA
Addr.: 40-092 Katowice, ul.Mickiewicza 15
Account num: 11401078-408957-PLNCURR01-28
CUSTOMERS/SUPPLIERS
Officially not available
CONTACT WITH THE COMPANY
We sent enquiry regarding to financial and activity of company,
directly to MR.PIOTR DZIERZĘGA - President, answer has not arrived.
If the additional information is received, we will supplement the report.
EXCHANGE RATES
USD EUR
31.12.2007 2,4350 3,5820
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
FOREIGN EXCHANGE
RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.42.78 |
|
UK Pound |
1 |
Rs.85.51 |
|
Euro |
1 |
Rs.67.90 |
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%)