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MIRA INFORM REPORT

 

 

 

 

Report Date :

23.04.2011

 

Supplement

In the meantime there have been changes in particular in the following areas subject to monitoring:

 

 

Company name & address

 

MCS International GmbH

 

Main address:

Karlstr. 23-25

D 46535 Dinslaken

Telephone:        02064/433-0

Telefax:             02064/433356

Homepage:        www.mcs-international-gmbh.de

E-mail:              info@mcs-international-gmbh.de

 

 

VAT no.            

 

DE813641650

 

 

CONCLUSION

 

Business relations on credit basis are not permissible.

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         1887

Shareholders'

agreement:                    26.06.1998

Registered on:               01.04.2003

Commercial Register:     Local court 47051 Duisburg

under:                                       HRB 11770

Share capital:                 EUR          3.526.000,00

 

 

Shareholder

 

REYCO GmbH

Karlstr. 19

D 46535 Dinslaken

Legal form: Private limited company

Share capital:     EUR             50.000,00

Share:             EUR          3.526.000,00

Registered on: 24.04.2009

Reg. data: 47051 Duisburg, HRB 21230

 

 

Manager

 

Ralph Wilhelm Deselaers

An St. Marien 17

D 47906 Kempen

born: 21.09.1954

Profession: Businessman

 

Negative remark(s) regarding

Ralph Wilhelm Deselaers

 

Insolvency Proceedings

 

Local court           : 47798 Krefeld

 

Insolvency

administrator         : Eberhard Stock

Wilhelmshofallee 74

D 47800 Krefeld

 

Preliminary insolvency

adminstrator          : No

 

File No               : 93 IN 61/07

Application        of : 17.04.2007

 

Restraint on alienation

- passed           on : 10.05.2007

 

Order of institution

of : 09.08.2007

Claims to be filed by : 02.11.2007

Creditors' meeting

- Date for pres. of

report           on : 09.11.2007

- Date of hearing  on : 16.09.2008

 

Insolvency

proceedings revoked

on : 16.06.2009

 

 

Further functions/participations of Ralph Wilhelm Deselaers (Manager)

 

General partner:

Ralf Deselaers und Andreas Pechold

Südwall 34

D 47589 Uedem

Legal form: Partnership under the Civil Code

 

Manager:

Wilhelm Otto Duesberg GmbH

Hohefeldstr. 19-30

D 46284 Dorsten

Legal form: Private limited company

insolvent

Share capital:     EUR            103.000,00

Registered

on:         06.02.1992

Reg. data:  45879 Gelsenkirchen, HRB 6810

 

Manager:

Duesberg Bodycare GmbH

Hohefeldstr. 25-30

D 46284 Dorsten

Legal form: Private limited company

insolvent

Share capital:     EUR            100.000,00

Registered

on:         01.03.1974

Reg. data:  45879 Gelsenkirchen, HRB 7020


Manager:

AdCoCom GmbH

Bodenburger Str. 25/26

TecCenter

D 31162 Bad Salzdetfurth

Legal form: Private limited company

insolvent

Share capital:     EUR          1.000.000,00

Registered

on:         24.07.1996

Reg. data:  31134 Hildesheim, HRB 2439

 

Manager:

MH Metallwerk Holding GmbH

Altestadt 6-8

D 40213 Düsseldorf

Legal form: Private limited company

Share capital:     EUR             25.000,00

Registered

on:         09.03.2009

Reg. data:  40213 Düsseldorf, HRB 60611

 

Manager:

Florence Hüesker Gesellschaft mit

beschränkter Haftung

Hauptstr. 5

D 48712 Gescher

Legal form: Private limited company

Share capital:     EUR             25.564,59

Registered

on:         28.12.1979

Reg. data:  48653 Coesfeld, HRB 5401

 

Member of the Board of Directors:

Rheingoldhöhe Zehnte V V AG

Martin-Luther-Platz 26

D 40212 Düsseldorf

Legal form: Public limited company

Share capital:     EUR             50.000,00

Registered

on:         26.11.2007

Reg. data:  40213 Düsseldorf, HRB 57628

 

Member of the Board of Directors:

Skylinehöhe 57. V V AG

Mainzer Landstr. 47

D 60329 Frankfurt

Legal form: Public limited company

Share capital:     EUR             50.000,00

Registered

on:         18.12.2007

Reg. data:  60313 Frankfurt, HRB 82079

Liquidator:

BUSCH-JAEGER Lüdenscheider Metallwerk

Gesellschaft mit beschränkter Haftung

Altenaer Str. 109

D 58507 Lüdenscheid

Legal form: Private limited company in

liquidation

Share capital:     EUR          1.000.000,00

Registered

on:         13.10.2003

Reg. data:  58636 Iserlohn, HRB 4913

 

 

COMPANY HISTORY

 17.07.1998 - 19.02.2003  Zweite Calypso Vermögensverwaltungs-GmbH

                          Königsallee 31

                          D 40212 Düsseldorf

                          Private limited company

 19.02.2003 - 31.03.2003  MCS International GmbH

                          Königsallee 31

                          D 40212 Düsseldorf

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 03.02.2011 - 31.03.2011  Manager

                          Dr. Ali Baghaei

                          IR Teheran

 03.02.2011 - 31.03.2011  Manager

                          Dr. Aref Nouroozi

                          IR Teheran

 27.01.2011 - 31.03.2011  Manager

                          Jean-Pierre Parviz Hedayat

                          D 40479 Düsseldorf

 05.09.2003 - 21.01.2011  Manager

                          Seyed Mahmoud Yasini

                          D 46535 Dinslaken

 05.09.2003 - 29.09.2010  Manager

                          Asghar Shori Khosro Shahi

                          D 46535 Dinslaken

 

 


BUSINESS ACTIVITIES

 

Sectors

25504   Manufacture of pressings, deep-drawn parts and stamping

 

 

FINANCIAL INFORMATION

 

Payment experience:     negative information

 

Negative information:      Negative information is known to us.

 

Balance sheet year:       2009

 

Insolvency Proceedings

 

 Local court                   :       45130 Essen

 

 Insolvency administrator :          Bernd Depping

                                                Alfredstr. 108-112

                                                D 45131 Essen

 

 Preliminary insolvency

 adminstrator                 :       Yes

 

 File No                         :       161 IN 70/11

 Application           of      :       31.03.2011

 

 Restraint on alienation

 - passed              on     :       31.03.2011

 

 

REAL ESTATE

 

 Type of ownership:   Tenant

 Address              Karlstr. 23-25

                        D 46535 Dinslaken

 

 Private real estate

 Name:                Ralph Wilhelm Deselaers

 Type of ownership:   unknown

 Address              An St. Marien 17

                        D 47906 Kempen

 

 Land register documents were not available.

 

 

BANKERS

 

Principal bank

COMMERZBANK, DUISBURG

Sort. code: 35040038, BIC: COBADEFF350

 

Further banks

DEUTSCHE BANK, DINSLAKEN

Sort. code: 35070030, BIC: DEUTDEDE350

 

DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, SAARBRÜCKEN

Sort. code: 59070070, BIC: DEUTDEDB595

 

 

FINANCIAL FIGURES

 

 Turnover:            2009               EUR         36.112.214,00

 Profit:              2009               EUR           -609.532,00

 Employees:                                                    229

 - thereof permanent staff:                                    229

 

 

 BALANCE SHEETS

 

 Balance sheet ratios 2009

 Equity ratio [%]:                 48,26

 Liquidity ratio:                   0,90

 Return on total capital [%]:      -3,86

 

 Balance sheet ratios 2008

 Equity ratio [%]:                 34,28

 Liquidity ratio:                   0,59

 Return on total capital [%]:       2,96

 

Equity ratio

The equity ratio indicates the portion of the equity as compared to the total capital. The higher the equity ratio, the better the economic stability (solvency) and thus the financial autonomy of a company.

 

Liquidity ratio

The liquidity ratio shows the proportion between adjusted receivables and net liabilities. The higher the ratio, the lower the company's financial dependancy from external creditors.

 

Return on total capital

The return on total capital shows the efficiency and return on the total capital employed in the company. The higher the return on total capital, the more economically does the company work with the invested capital.

 

 

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2009 - 31.12.2009

 

 ASSETS                                  EUR         15.799.897,16

  Fixed assets                           EUR          3.595.998,35

   Intangible assets                     EUR              8.653,40

    Concessions, licences, rights        EUR              8.653,40

   Tangible assets                       EUR          3.587.344,95

    Land / similar rights                EUR          1.905.963,56

    Plant / machinery                    EUR          1.622.912,35

    Other tangible assets / fixtures and

    fittings                             EUR             39.731,19

    Advance payments made / construction

    in progress                          EUR             18.737,85

  Current assets                         EUR         12.198.398,81

   Stocks                                EUR          5.280.176,85

    Raw materials, consumables and

    supplies                             EUR          2.547.049,69

    Finished goods / work in progress    EUR          2.579.208,06

    Advance payments made                EUR            153.919,10

   Accounts receivable                   EUR          5.606.935,63

    Trade debtors                        EUR          2.986.066,68

    Other debtors and assets             EUR          2.620.868,95

   Liquid means                          EUR          1.311.286,33

  Remaining other assets                 EUR              5.500,00

   Accruals (assets)                     EUR              5.500,00

 

 LIABILITIES                             EUR         15.799.897,16

  Shareholders' equity                   EUR          6.127.157,11

   Capital                               EUR          3.526.000,00

    Subscribed capital (share capital)   EUR          3.526.000,00

   Reserves                              EUR          1.999.564,59

    Capital reserves                     EUR          1.999.564,59

   Balance sheet profit/loss (+/-)       EUR            601.592,52

    Profit / loss brought forward        EUR          1.211.124,58

    Annual surplus / annual deficit      EUR           -609.532,06

  Provisions                             EUR            655.098,10

   Other / unspecified provisions        EUR            655.098,10

  Liabilities                            EUR          9.017.641,95

   Financial debts                       EUR          6.393.637,59

    Liabilities due to banks             EUR          6.393.637,59

   Other liabilities                     EUR          2.624.004,36

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR            946.187,25

    Liabilities from received advance

    payments                             EUR             92.040,00

    Liabilities due to shareholders      EUR          1.500.421,96

    Unspecified other liabilities        EUR             85.355,15

     thereof liabilities from tax /

     financial authorities               EUR             45.384,67

 

 Profit and loss account (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR         36.112.214,09

  Inventory change + own costs (+/-)     EUR         -3.792.718,30

   Inventory change (+/-)                EUR         -3.792.718,30

  Other operating income                 EUR             87.315,76

  Cost of materials                      EUR         21.895.816,03

   Raw materials and supplies, purchased

   goods                                 EUR         19.613.241,11

   Purchased services                    EUR          2.282.574,92

  Gross result (+/-)                     EUR         10.510.995,52

  Staff expenses                         EUR          7.475.887,71

   Wages and salaries                    EUR          6.044.167,89

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          1.431.719,82

  Total depreciation                     EUR            473.916,81

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR            473.916,81

  Other operating expenses               EUR          2.566.972,23

  Operating result from continuing

  operations                             EUR             -5.781,23

  Interest result (+/-)                  EUR           -651.950,82

   Interest and similar income           EUR                853,61

   Interest and similar expenses         EUR            652.804,43

    thereof paid to related companies    EUR             90.000,00

  Financial result (+/-)                 EUR           -651.950,82

  Result from ordinary operations (+/-)  EUR           -657.732,05

  Income tax / refund of income tax (+/-)EUR             81.461,77

  Other taxes / refund of taxes          EUR            -33.261,78

  Tax (+/-)                              EUR             48.199,99

  Annual surplus / annual deficit        EUR           -609.532,06

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2008 - 31.12.2008

 

 ASSETS                                  EUR         23.815.891,81

  Fixed assets                           EUR          3.894.996,15

   Intangible assets                     EUR             16.014,53

    Concessions, licences, rights        EUR             16.014,53

   Tangible assets                       EUR          3.878.981,62

    Land / similar rights                EUR          1.984.169,43

    Plant / machinery                    EUR          1.793.555,88

    Other tangible assets / fixtures and

    fittings                             EUR             31.999,62

    Advance payments made / construction

    in progress                          EUR             69.256,69

  Current assets                         EUR         19.913.395,66

   Stocks                                EUR         11.572.086,91

    Raw materials, consumables and

    supplies                             EUR          4.961.130,71

    Finished goods / work in progress    EUR          6.371.926,36

    Advance payments made                EUR            239.029,84

   Accounts receivable                   EUR          8.331.426,80

    Trade debtors                        EUR          6.226.864,07

    Amounts due from related companies   EUR            103.460,00

    Other debtors and assets             EUR          2.001.102,73

   Liquid means                          EUR              9.881,95

  Remaining other assets                 EUR              7.500,00

   Accruals (assets)                     EUR              7.500,00

 

 LIABILITIES                             EUR         23.815.891,81

  Shareholders' equity                   EUR          6.736.689,17

   Capital                               EUR          3.526.000,00

    Subscribed capital (share capital)   EUR          3.526.000,00

   Reserves                              EUR          1.999.564,59

    Capital reserves                     EUR          1.999.564,59

   Balance sheet profit/loss (+/-)       EUR          1.211.124,58

    Profit / loss brought forward        EUR            509.777,30

    Annual surplus / annual deficit      EUR            701.347,28

  Provisions                             EUR          1.528.417,63

   Provisions for taxes                  EUR            549.642,63

   Other / unspecified provisions        EUR            978.775,00

  Liabilities                            EUR         15.550.785,01

   Financial debts                       EUR          8.173.438,86

    Liabilities due to banks             EUR          8.173.438,86

   Other liabilities                     EUR          7.377.346,15

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR          5.447.829,31

    Liabilities from received advance

    payments                             EUR            341.244,02

    Unspecified other liabilities        EUR          1.588.272,82

 

 Profit and loss account (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR         52.020.075,05

  Inventory change + own costs (+/-)     EUR          2.114.457,41

   Inventory change (+/-)                EUR          2.114.457,41

  Other operating income                 EUR            289.185,08

  Cost of materials                      EUR         39.387.895,36

   Raw materials and supplies, purchased

   goods                                 EUR         35.662.410,55

   Purchased services                    EUR          3.725.484,81

  Gross result (+/-)                     EUR         15.035.822,18

  Staff expenses                         EUR          9.761.282,40

   Wages and salaries                    EUR          8.082.687,34

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          1.678.595,06

  Total depreciation                     EUR            423.455,73

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR            423.455,73

  Other operating expenses               EUR          3.050.534,24

  Operating result from continuing

  operations                             EUR          1.800.549,81

  Interest result (+/-)                  EUR           -793.544,64

   Interest and similar income           EUR                452,29

   Interest and similar expenses         EUR            793.996,93

  Financial result (+/-)                 EUR           -793.544,64

  Result from ordinary operations (+/-)  EUR          1.007.005,17

  Income tax / refund of income tax (+/-)EUR           -271.742,16

  Other taxes / refund of taxes          EUR            -33.915,73

  Tax (+/-)                              EUR           -305.657,89

  Annual surplus / annual deficit        EUR            701.347,28


MIRA INFORM REPORT

 

Report Date :

07.03.2011

 

 

Company name& Address

 

MCS International GmbH

Main address:

Karlstr. 23-25

D 46535 Dinslaken

Telephone:        02064/433-0

Telefax:             02064/433356

Homepage:        www.mcs-international-gmbh.de

E-mail:              info@mcs-international-gmbh.de

 

 

VAT no

 

DE813641650

 

 

CONCLUSION

 

Business relations are permissible.

 

 


Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         1887

Shareholders'

agreement:                    26.06.1998

Registered on:               01.04.2003

Commercial Register:     Local court 47051 Duisburg

under:                                       HRB 11770

Share capital:                 EUR          3.526.000,00

 

 

Shareholder

 

REYCO GmbH

Karlstr. 19

D 46535 Dinslaken

Legal form: Private limited company

Share capital:     EUR             50.000,00

Share:             EUR          3.526.000,00

Registered on: 24.04.2009

Reg. data: 47051 Duisburg, HRB 21230

 

 

Manager

 

Jean-Pierre Parviz Hedayat

Feldstr. 45

D 40479 Düsseldorf

having sole power of representation

born: 15.05.1961

Profession: Bank employee

Marital status: married

 

Manager:

Dr. Ali Baghaei

IR  Teheran

born: 09.09.1965

 

Manager:

Dr. Aref Nouroozi

IR  Teheran

born: 04.11.1960


Proxy

 

Ralph Deselaers

An St. Marien 17

D 47906 Kempen

authorized to jointly represent the company

born: 21.09.1954

Profession: Businessman

 

 

Further functions/participations of Jean-Pierre Parviz Hedayat

(Manager)

 

Proprietor:

Nowina Consulting e.K.

Feldstr. 45

D 40479 Düsseldorf

Legal form: Sole proprietorship

Registered

on:         12.11.2008

Reg. data:  40213 Düsseldorf, HRA 20284

 

Proprietor:

Elpax International e.K.

Großgewann 38

D 55129 Mainz

Legal form: Sole proprietorship dissolved

Registered

on:         29.08.2002

Reg. data:  55116 Mainz, HRA 4035

 

Shareholder:

AdvanceTech International Trade GmbH

Dorfstr. 31b

D 14778 Beetzsee

Legal form: Private limited company

dissolved by official decree

Share capital:     EUR             25.000,00

Share:             EUR             12.500,00

Registered

on:         16.12.2005

Reg. data:  14467 Potsdam, HRB 19062 P

 

Shareholder:

Commerce Advice UG (haftungsbeschränkt)

Königsallee 106

D 40215 Düsseldorf

Legal form: Entrepreneur Company (limited

liability)

Share capital:     EUR              1.000,00

Share:             EUR                500,00

Registered

on:         17.12.2008

Reg. data:  40213 Düsseldorf, HRB 60070

 

Manager:

Commerce Advice UG (haftungsbeschränkt)

Königsallee 106

D 40215 Düsseldorf

Legal form: Entrepreneur Company (limited

liability)

Share capital:     EUR              1.000,00

Registered

on:         17.12.2008

Reg. data:  40213 Düsseldorf, HRB 60070

 

 

COMPANY HISTORY

 

 17.07.1998 - 19.02.2003  Zweite Calypso Vermögensverwaltungs-GmbH

                          Königsallee 31

                          D 40212 Düsseldorf

                          Private limited company

 19.02.2003 - 31.03.2003  MCS International GmbH

                          Königsallee 31

                          D 40212 Düsseldorf

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

05.09.2003 - 21.01.2011  Manager

                          Seyed Mahmoud Yasini

                          D 41564 Kaarst

05.09.2003 - 29.09.2010  Manager

                          Asghar Shori Khosro Shahi

                          D 46535 Dinslaken

 

 


BUSINESS ACTIVITIES

 

Sectors

25504   Manufacture of pressings, deep-drawn parts and stamping

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

 

 Negative information:     We have no negative information at hand.

 

 Maximum credit:           250.000 EUR

 

 Balance sheet year:      2008

 

 

REAL ESTATE

 

Type of ownership:         Tenant

 Address                       Karlstr. 23-25

                                    D 46535 Dinslaken

 

 Private real estate

 Name:                          Jean-Pierre Parviz Hedayat

 Type of ownership:        unknown

 Address                       Großgewann 38

                                    D 55129 Mainz

 

 Land register documents were not available.

 

 

BANKERS

 

Principal bank

COMMERZBANK, DUISBURG

Sort. code: 35040038, BIC: COBADEFF350

 

Further banks

DEUTSCHE BANK, DINSLAKEN

Sort. code: 35070030, BIC: DEUTDEDE350

 

DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, SAARBRÜCKEN

Sort. code: 59070070, BIC: DEUTDEDB595

 

 

FINANCIAL FIGURES

 

 Employees:                                                    229

 - thereof permanent staff:                                    229

 

 

BALANCE SHEETS

 

 Balance sheet ratios 2008

 Equity ratio [%]:                 34,28

 Liquidity ratio:                   0,59

 Return on total capital [%]:       2,96

 

Equity ratio

The equity ratio indicates the portion of the equity as compared

to the total capital. The higher the equity ratio, the better the

economic stability (solvency) and thus the financial autonomy of

a company.

 

Liquidity ratio

The liquidity ratio shows the proportion between adjusted

receivables and net liabilities. The higher the ratio, the lower

the company's financial dependancy from external creditors.

 

Return on total capital

The return on total capital shows the efficiency and return on

the total capital employed in the company. The higher the return

on total capital, the more economically does the company work

with the invested capital.

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2008 - 31.12.2008

 

 ASSETS                                  EUR         23.815.891,81

  Fixed assets                           EUR          3.894.996,15

   Intangible assets                     EUR             16.014,53

    Concessions, licences, rights        EUR             16.014,53

   Tangible assets                       EUR          3.878.981,62

    Land / similar rights                EUR          1.984.169,43

    Plant / machinery                    EUR          1.793.555,88

    Other tangible assets / fixtures and

    fittings                             EUR             31.999,62

    Advance payments made / construction

    in progress                          EUR             69.256,69

  Current assets                         EUR         19.913.395,66

   Stocks                                EUR         11.572.086,91

    Raw materials, consumables and

    supplies                             EUR          4.961.130,71

    Finished goods / work in progress    EUR          6.371.926,36

    Advance payments made                EUR            239.029,84

   Accounts receivable                   EUR          8.331.426,80

    Trade debtors                        EUR          6.226.864,07

    Amounts due from related companies   EUR            103.460,00

    Other debtors and assets             EUR          2.001.102,73

   Liquid means                          EUR              9.881,95

  Remaining other assets                 EUR              7.500,00

   Accruals (assets)                     EUR              7.500,00

 

 LIABILITIES                             EUR         23.815.891,81

  Shareholders' equity                   EUR          6.736.689,17

   Capital                               EUR          3.526.000,00

    Subscribed capital (share capital)   EUR          3.526.000,00

   Reserves                              EUR          1.999.564,59

    Capital reserves                     EUR          1.999.564,59

   Balance sheet profit/loss (+/-)       EUR          1.211.124,58

    Profit / loss brought forward        EUR            509.777,30

    Annual surplus / annual deficit      EUR            701.347,28

  Provisions                             EUR          1.528.417,63

   Provisions for taxes                  EUR            549.642,63

   Other / unspecified provisions        EUR            978.775,00

  Liabilities                            EUR         15.550.785,01

   Financial debts                       EUR          8.173.438,86

    Liabilities due to banks             EUR          8.173.438,86

   Other liabilities                     EUR          7.377.346,15

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR          5.447.829,31

    Liabilities from received advance

    payments                             EUR            341.244,02

    Unspecified other liabilities        EUR          1.588.272,82

 

 Profit and loss account (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR         52.020.075,05

  Inventory change + own costs (+/-)     EUR          2.114.457,41

   Inventory change (+/-)                EUR          2.114.457,41

  Other operating income                 EUR            289.185,08

  Cost of materials                      EUR         39.387.895,36

   Raw materials and supplies, purchased

   goods                                 EUR         35.662.410,55

   Purchased services                    EUR          3.725.484,81

  Gross result (+/-)                     EUR         15.035.822,18

  Staff expenses                         EUR          9.761.282,40

   Wages and salaries                    EUR          8.082.687,34

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          1.678.595,06

  Total depreciation                     EUR            423.455,73

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR            423.455,73

  Other operating expenses               EUR          3.050.534,24

  Operating result from continuing

  operations                             EUR          1.800.549,81

  Interest result (+/-)                  EUR           -793.544,64

   Interest and similar income           EUR                452,29

   Interest and similar expenses         EUR            793.996,93

  Financial result (+/-)                 EUR           -793.544,64

  Result from ordinary operations (+/-)  EUR          1.007.005,17

  Income tax / refund of income tax (+/-)EUR           -271.742,16

  Other taxes / refund of taxes          EUR            -33.915,73

  Tax (+/-)                              EUR           -305.657,89

  Annual surplus / annual deficit        EUR            701.347,28


 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.99

UK Pound

1

Rs.73.24

Euro

1

Rs.62.80

 

 

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

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

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.