MIRA INFORM REPORT

 

 

Report Date :

28.11.2008

 

IDENTIFICATION DETAILS

 

Name :

SIEMENS TURBOMACHINERY EQUIPMENT GMBH

 

 

Registered Office :

Hebheimer Str. 2 67227 Frankenthal

 

 

Country :

Germany

 

 

Date of Incorporation :

04.04.1899

 

 

Com. Reg. No.:

HRB 60741

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Retail Sale of Electrical Household Appliances

Manufacture of Other General-Purpose Machinery

 

 

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

 

Siemens Turbomachinery Equipment GmbH

Heßheimer Str. 2

67227 Frankenthal

Telephone:        06233/850

Telefax:             06233/852548

Homepage:        www.agkkk.de

E-Mail:              contact@agkkk.de

 

 

VAT no.            

 

DE148416782

 

 

CONCLUSION

 

 Business relations are permissible.

 

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

 

 

LEGAL FORM          

 

Private limited company

 

 

Date of foundation

 

04.04.1899

 

 

Registered on     

 

01.02.1945

 

 

Commercial Register

 

Local court 67061 LUDWIGSHAFEN

under:               HRB 60741

 


 

Share capital              

 

EUR          7.067.940,00

 

 

Shareholder

 

Siemens Aktiengesellschaft

Nonnendammallee 101/Quellweg 5

-9

13629 Berlin

Legal form: Public limited company

Share capital:     EUR      2.742.610.263,00

Share:             EUR          7.067.940,00

Reg. Data:  01.02.1897

HRB 12300 B

14057 BERLIN-CHARLOTTENBURG

 

 

Manager

 

Günter Volker Neumann

46499 Hamminkeln

authorized to jointly represent the company

born 03.11.1965

Occupation: Businessman

 

Manager:

Dr. Klaus Jakoby

Nelkenweg 3

67346 Speyer

authorized to jointly represent the company

born 22.02.1956

 

Manager:

Gerald Reinisch

Dr. Kausch-Str. 17

67251 Freinsheim

authorized to jointly represent the company

born 25.10.1959

 

 

Proxy

 

Dipl.-Finanz-Ökonom Ursula Mascher

Glück-Auf-Str. 21a

04575 Neukieritzsch

authorized to jointly represent the company

born 30.06.1954

Marital status: married

Proxy:

Norbert Hentz

Auf dem Heyer 9

67278 Bockenheim

authorized to jointly represent the company

born 18.09.1951

Occupation: Solicitor

 

Proxy:

Mario Ludwig

02829 Neißeaue

authorized to jointly represent the company

born 29.11.1963

 

 

BUSINESS HISTORY

 

 1945                 Aktiengesellschaft Kühnle, Kopp & Kausch

                      Friedrich-Ebert-Str. 16

                      67227 Frankenthal

                      Public limited company

 1990                 Aktiengesellschaft Kühnle, Kopp & Kausch

                      (AG Ludwigshafen, HRB 21014)

                      Heßheimer Str. 2

                      67227 Frankenthal

                      Public limited company

 

 

BUSINESS ACTIVITIES

 47540

 Retail sale of electrical household appliances

 28290

 Manufacture of other general-purpose machinery

 

 

BRANCHES AND FACTORIES

 

Branch:

                      Siemens Turbomachinery Equipment GmbH -

                      Geschäftsbereich PGW Turbo -

                      Klingenstr. 15

                      04229 Leipzig

 Branch:

                      Siemens Turbomachinery Equipment GmbH

                      Eschborner Landstr. 134

                      60489 Frankfurt


PARTICIPATION

 

 Shareholder:

                      TLT Turbo GmbH

                      Gleiwitzstr. 7

                      66482 Zweibrücken

                      Legal form: Private limited company

                      Share capital:     EUR          2.500.000,00

                      Share:                EUR          2.500.000,00

                      Reg. Data:  03.12.2002

                                  HRB 1817

                                  66482 ZWEIBRÜCKEN

                      Turnover:          EUR         69.000.000,00

                      Employees:                               408

 Shareholder:

                      FVG Frankenthaler Versicherung-Vermittlung-

                      Gesellschaft mbH

                      Heßheimer Str. 2

                      67227 Frankenthal

                      Legal form: Private limited company

                      Share capital:     EUR             25.564,59

                      Share:                EUR             25.564,59

                      Reg. Data:  26.04.1972

                                  HRB 21124

                                  67061 LUDWIGSHAFEN

 

 

FINANCIAL INFORMATION

 

Payment experience:  cash discount/within agreed terms

 

 

REAL ESTATE

 

 Type of ownership:        proprietor

 Share:                                       100,00 %

 Address                        Heßheimer Str. 2

                                    67227 Frankenthal

 

 Land register documents were not available.

 

 

BANKERS

 

 DEUTSCHE BANK, LUDWIGSHAFEN AM RHEIN

 Sort. code: 54570094

 COMMERZBANK, LUDWIGSHAFEN AM RHEIN

 Sort. code: 54540033

 DRESDNER BANK, FRANKENTHAL (PFALZ)

 Sort. code: 67080050

 

 

 FIGURES

 

 Financial year:      01.01. - 31.12.

 Share capital:                             EUR          7.067.940,00

 Value of stocks:                          EUR         10.314.000,00

 Equipment:                                 EUR          1.825.000,00

 Ac/ts receivable:                         EUR         16.910.000,00

 Liabilities:                                    EUR         10.914.000,00

 Real estate of the firm:                EUR          1.787.000,00

 Employees:                                                      653

 - Salaried employees:                                         299

 - Workers:                                                        314

 - Trainees:                                                          40

 

 Approximate figures are given.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.84

UK Pound

1

Rs.76.81

Euro

1

Rs.64.38

 

 

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