MIRA INFORM
REPORT
|
Report Date : |
25.04.2011 |
Supplement
We refer
to your enquiry of 26.11.2010. In the meantime there have been changes in
particular in the following areas
subject to monitoring: - Legal form
Company name & address
Terex Demag GmbH
Main address:
Dinglerstr. 24
D 66482 Zweibrücken
Telephone: 06332/830
Telefax: 06332/16715
Homepage: www.terex-demag.com
E-mail: info@terex-demag.com
VAT no.
DE224878983
Tax ID number
35/657/0884/3
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 14.01.2002
Shareholders'
agreement: 14.01.2002
Registered on: 31.01.2008
Commercial Register: Local
court 66482 Zweibrücken
under: HRB 30291
Share capital:
EUR 20.000.000,00
Shareholder
Terex European Holdings B.V.
Anodeweg 1
NL 1627 Hoorn
Legal form: Private limited company
Share: EUR 20.000.000,00
Manager
Douglas Ray Friesen
D 66849 Landstuhl
having sole power of representation
born: 05.07.1957
Manager:
Kevin P. Bradley
USA Fairfield
having sole power of representation
born: 22.06.1962
Nationality: American
Proxy
Oliver Küpper
D 50676 Köln
authorized to jointly represent the company
born: 12.08.1970
Proxy:
Ralf-Dieter Koch
Lärchenstr. 5
D 67707 Schopp
authorized to jointly represent the company
born: 06.02.1965
Proxy:
Dr. Oliver Fries
In der Schlanggasse 14
D 66578 Schiffweiler
authorized to jointly represent the company
born: 11.08.1962
Proxy:
Martin Schäfer
D 66851 Bann
authorized to jointly represent the company
born: 17.06.1970
Proxy:
Dr. Frank Schröder
Schiffweg 6
D 54523 Hetzerath
authorized to jointly represent the company
born: 09.04.1970
Marital status: married
Further functions/participations of
Kevin P. Bradley (Manager)
Manager:
Noell Crane Systems GmbH
Albert-Einstein-Str. 3
D 97080 Würzburg
Legal form: Private limited company
Share capital: EUR 515.000,00
Registered
on: 20.12.1999
Reg. data: 97070 Würzburg,
HRB 6831
Manager:
Noell Crane Holding GmbH
Albert-Einstein-Str. 3
D 97080 Würzburg
Legal form: Private limited company
Share capital: EUR 5.000.000,00
Registered
on: 09.05.2000
Reg. data: 97070 Würzburg,
HRB 6980
Manager:
Noell Mobile Systems GmbH
Albert-Einstein-Str. 3
D 97080 Würzburg
Legal form: Private limited company
Share capital: EUR 10.000.000,00
Registered
on: 19.03.2004
Reg. data: 97070 Würzburg,
HRB 8383
COMPANY HISTORY
02.07.2002 -
12.08.2002 Blitz 02-022 GmbH
Bavariaring 29
D
80336 München
Private limited company
12.08.2002 -
29.08.2002 PPM Deutschland GmbH Terex
Cranes
Rosenheimer Platz 6
D
81669 München
Private limited company
13.02.2003 -
16.05.2003 PPM Deutschland GmbH Terex
Cranes bis
16.05.2003
Rosenheimer Platz 6
D
81669 München
Private limited company
16.05.2003 - 11.02.2008 PPM Deutschland GmbH Terex Cranes (bis
11.02.2008)
Alte Str. 39
D
44143 Dortmund
Private limited company
11.02.2008 -
29.02.2008 PPM Deutschland GmbH Terex
Cranes
Dinglerstr. 24
D
66482 Zweibrücken
Private limited company
BUSINESS ACTIVITIES
Sectors
28990 Manufacture of other special-purpose
machinery n.e.c.
46693 Wholesale of other equipment and accessories
for machinery and technical supplies
66 Activities
in the financial and insurance sectors
70101 Management of
holding companies
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Maximum credit: 250.000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Dinglerstr.
24
D 66482 Zweibrücken
Land register documents were not available.
BANKERS
COMMERZBANK VORMALS DRESDNER BANK, PIRMASENS
Sort. code: 54280023, Account no.: 200000000, BIC: DRESDEFF542
FINANCIAL FIGURES
Turnover: 2009 EUR 778.612.071,00
2010 EUR 780.000.000,00
Profit: 2009 EUR 67.268.116,00
further business figures:
Employees:
1.973
-
thereof permanent staff: 1.885
-
Trainees:
88
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 55,01
Liquidity ratio: 1,60
Return
on total capital [%]: 18,72
Balance sheet ratios 2008
Equity ratio [%]: 54,24
Liquidity ratio: 1,94
Return on total capital [%]: 20,57
Balance sheet ratios 2007
Equity ratio [%]: 100,00
Liquidity ratio: 10,00
Return on total capital [%]: 1,02
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 384.404.755,18
Fixed assets
EUR 43.396.809,57
Intangible assets EUR 384.606,00
Concessions, licences, rights
EUR 384.606,00
Tangible assets
EUR 17.694.575,64
Land / similar rights
EUR 3.998.591,78
Plant / machinery
EUR 6.380.465,00
Other tangible assets / fixtures and
fittings
EUR 5.535.396,00
Advance payments made / construction
in progress
EUR 1.780.122,86
Financial assets
EUR 25.317.627,93
Shares in participations /
subsidiaries and the like
EUR 22.362.501,28
Shares in related companies
EUR 22.178.501,28
Shares in investee companies
EUR 184.000,00
Securities included in fixed assets
EUR 2.948.736,05
Other loans
EUR 6.390,60
Current assets
EUR 340.896.828,37
Stocks EUR 196.198.947,83
Raw materials, consumables and
supplies
EUR 41.637.211,66
Finished goods / work in progress
EUR 155.734.679,29
Advance payments made
EUR 330.000,00
Minus received advance payments for
orders / installments for stocks
EUR -1.502.943,12
Accounts receivable
EUR 144.577.047,82
Trade debtors EUR
47.093.005,09
Amounts due from related companies
EUR 84.516.847,19
Amounts due from investee companies
EUR 1.227.658,69
Other debtors and assets
EUR 11.739.536,85
Liquid means EUR 120.832,72
Remaining other assets
EUR 111.117,24
Accruals (assets)
EUR 111.117,24
LIABILITIES EUR 384.404.755,18
Shareholders' equity
EUR 155.470.711,38
Capital
EUR 20.000.000,00
Subscribed capital (share capital)
EUR 20.000.000,00
Reserves
EUR 135.470.711,38
Capital reserves
EUR 135.470.711,38
Provisions
EUR 86.217.405,58
Pension provisions and comparable
provisions
EUR 37.213.072,00
Provisions for taxes
EUR 1.649.699,47
Other / unspecified provisions
EUR 47.354.634,11
Liabilities
EUR 142.415.623,31
Other liabilities
EUR 142.415.623,31
Trade
creditors (for IAS incl. bills
of exchange)
EUR 58.302.710,19
Liabililties due to related companiesEUR 82.782.025,60
Liabilities due to investee companiesEUR 6.063,86
Unspecified other liabilities
EUR 1.324.823,66
Other liabilities
EUR 301.014,91
Deferrals (liabilities)
EUR 301.014,91
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 778.612.070,89
Inventory change + own costs (+/-)
EUR 32.787.362,19
Inventory change (+/-)
EUR 32.787.362,19
Other operating income
EUR 12.397.062,41
Cost of materials
EUR 547.726.744,07
Raw materials and supplies, purchased
goods
EUR 461.324.776,82
Purchased services
EUR 86.401.967,25
Gross result (+/-)
EUR 276.069.751,42
Staff expenses
EUR 129.081.176,02
Wages and salaries
EUR 105.533.223,73
Social security contributions and
expenses for pension plans and
benefits
EUR 23.547.952,29
Total depreciation
EUR 3.237.363,57
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 3.237.363,57
Other operating expenses
EUR 68.571.000,27
Operating result from continuing
operations
EUR 75.180.211,56
Interest result (+/-)
EUR -184.139,71
Interest and similar income
EUR 786.323,45
Interest and similar expenses
EUR 970.463,16
Other financial result
EUR 16.261,35
Income from securities and loans from
financial assets
EUR 20.863,72
Depreciation on financial assets and
marketable securities
EUR 4.602,37
Financial result (+/-)
EUR -167.878,36
Result
from ordinary operations (+/-) EUR 75.012.333,20
Extraordinary result (+/-)
EUR -7.744.217,00
Expenses for transfer of profits to a
parent company
EUR 67.268.116,20
Annual surplus / annual deficit
EUR 0,00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 439.856.345,22
Fixed assets EUR 41.943.737,72
Intangible assets
EUR 320.081,00
Concessions, licences, rights
EUR 320.081,00
Tangible assets
EUR 16.333.794,89
Land / similar rights
EUR 3.612.513,52
Plant / machinery
EUR 2.540.865,00
Other tangible assets / fixtures and
fittings
EUR 4.583.651,00
Advance payments made / construction
in progress
EUR 5.596.765,37
Financial assets
EUR 25.289.861,83
Shares in participations /
subsidiaries and the like
EUR 22.362.501,28
Shares
in related companies EUR 22.178.501,28
Shares in investee companies
EUR 184.000,00
Loans to participations /
subsidiaries and the like
EUR 536.600,00
Loans to investee companies
EUR 536.600,00
Securities included in fixed assets
EUR 2.378.594,11
Other loans
EUR 12.166,44
Current assets
EUR 396.398.092,02
Stocks EUR 198.654.832,52
Raw materials, consumables and
supplies
EUR 93.523.445,91
Finished goods / work in progress
EUR 118.292.693,85
Advance payments made EUR
1.192.125,73
Minus received advance payments for
orders / installments for stocks
EUR -14.353.432,97
Accounts receivable
EUR 197.710.830,10
Trade debtors
EUR 24.064.077,60
Amounts due from related companies
EUR 162.937.478,70
Amounts due from investee companies
EUR 1.455.996,98
Other debtors and assets
EUR 9.253.276,82
Liquid means
EUR 32.429,40
Remaining other assets
EUR 1.514.515,48
Accruals (assets)
EUR 1.514.515,48
LIABILITIES EUR 439.856.345,22
Shareholders' equity EUR 155.470.711,38
Capital
EUR 20.000.000,00
Subscribed capital (share capital)
EUR 20.000.000,00
Reserves
EUR 135.470.711,38
Capital
reserves EUR 135.470.711,38
Balance sheet profit/loss (+/-)
EUR 0,00
Profit / loss brought forward
EUR -7.395.987,64
Annual surplus / annual deficit
EUR 7.395.987,64
Provisions
EUR 99.265.678,34
Pension provisions and comparable
provisions
EUR 28.102.972,06
Provisions for taxes
EUR 11.088.097,93
Other / unspecified provisions
EUR 60.074.608,35
Liabilities
EUR 185.119.955,50
Financial debts
EUR 261.116,40
Liabilities due to banks
EUR 261.116,40
Other liabilities
EUR 184.858.839,10
Trade creditors (for IAS incl. bills
of exchange)
EUR 77.380.545,74
Liabililties due to related companiesEUR 105.944.377,19
Liabilities due to investee companiesEUR 30.184,21
Unspecified other liabilities
EUR 1.503.731,96
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 737.688.375,41
Inventory change + own costs (+/-)
EUR 25.802.937,75
Inventory change (+/-)
EUR 25.802.937,75
Other operating income
EUR 21.421.850,25
Cost of materials
EUR 533.094.952,58
Raw materials and supplies, purchased
goods
EUR 456.313.033,73
Purchased services
EUR 76.781.918,85
Gross result (+/-)
EUR 251.818.210,83
Staff expenses
EUR 100.770.988,24
Wages and salaries
EUR 83.433.194,42
Social security contributions and
expenses for pension plans and
benefits EUR
17.337.793,82
Total depreciation
EUR 3.154.488,25
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 3.154.488,25
Other operating expenses
EUR 59.693.223,61
Operating result from continuing
operations
EUR 88.199.510,73
Interest result (+/-)
EUR 3.068.051,73
Interest and similar income EUR 3.731.413,44
Interest and similar expenses
EUR 663.361,71
Other financial result
EUR 9.218,63
Income from securities and loans from
financial assets
EUR 15.936,32
Depreciation on financial assets and
marketable securities
EUR 6.717,69
Financial result (+/-)
EUR 3.077.270,36
Result from ordinary operations (+/-)
EUR 91.276.781,09
Other extraordinary income
EUR 5.408.540,16
Expenses for transfer of profits to a
parent company
EUR 83.045.305,56
Income tax / refund of income tax (+/-)EUR -6.244.028,05
Tax
(+/-)
EUR -6.244.028,05
Annual surplus / annual deficit
EUR 7.395.987,64
MIRA INFORM
REPORT
|
Report Date : |
27.11.2010 |
INQUIRY DETAILS
|
Given Name : |
Terex Demag Gmbh |
|
|
|
|
Given Address : |
Dinglersterr 24, d66482, |
IDENTIFICATION DETAILS
|
Name : |
TEREX DEMAG GMBH |
|
|
|
|
Registered Office : |
Dinglerstr. 24, D 66482 Zweibrücken |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
31.01.2008 |
|
|
|
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Com. Reg. No.: |
HRB
30291 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Manufacturer
of other special-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 |
|
Maximum Credit Limit : |
250.000
EUR |
|
Status : |
Good |
|
Payment
Behaviour : |
No Complaints |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – June 30, 2010
|
Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name
Terex Demag GmbH
Company address
Main
address:
Dinglerstr. 24
D 66482 Zweibrücken
Telephone: 06332/830
Telefax: 06332/16715
Homepage: www.terex-demag.com
E-mail: info@terex-demag.com
VAT no.
DE224878983
Tax ID number
35/657/0884/3
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 14.01.2002
Shareholders'
agreement: 14.01.2002
Registered on: 31.01.2008
Commercial Register: Local
court 66482 Zweibrücken
under: HRB 30291
Share capital:
EUR 20.000.000,00
Shareholder
Terex European Holdings B.V.
Anodeweg 1
NL 1627 Hoorn
Legal form: Private limited company
Share: EUR 20.000.000,00
Manager
Douglas Ray Friesen
D 66849 Landstuhl
having sole power of representation
born: 05.07.1957
Proxy
Oliver Küpper
D 50676 Köln
authorized to jointly represent the company
born: 12.08.1970
Proxy:
Ralf-Dieter Koch
Lärchenstr. 5
D 67707 Schopp
authorized to jointly represent the company
born: 06.02.1965
Proxy:
Martin Schäfer
D 66851 Bann
authorized to jointly represent the company
born: 17.06.1970
Proxy:
Dr. Frank Schröder
Schiffweg 6
D 54523 Hetzerath
authorized to jointly represent the company
born: 09.04.1970
Marital status: married
COMPANY HISTORY
02.07.2002 - 12.08.2002
Blitz 02-022 GmbH
Bavariaring 29
D
80336 München
Private limited company
12.08.2002 -
29.08.2002 PPM Deutschland GmbH Terex
Cranes
Rosenheimer Platz 6
D
81669 München
Private limited company
13.02.2003 -
16.05.2003 PPM Deutschland GmbH Terex
Cranes bis
16.05.2003
Rosenheimer Platz 6
D
81669 München
Private limited company
16.05.2003 -
11.02.2008 PPM Deutschland GmbH Terex
Cranes (bis
11.02.2008)
Alte Str. 39
D
44143 Dortmund
Private limited company
11.02.2008 -
29.02.2008 PPM Deutschland GmbH Terex
Cranes
Dinglerstr. 24
D
66482 Zweibrücken
Private limited company
BUSINESS ACTIVITIES
Sectors
28990 Manufacture of other
special-purpose machinery n.e.c.
46693 Wholesale of other
equipment and accessories for machinery and technical supplies
66 Activities in the
financial and insurance sectors
70101 Management of
holding companies
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 250.000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Dinglerstr. 24
D 66482 Zweibrücken
Land register documents
were not available.
BANKERS
COMMERZBANK VORMALS DRESDNER BANK, PIRMASENS
Sort. code: 54280023, Account no.: 200000000, BIC: DRESDEFF542
FINANCIAL FIGURES
Turnover: 2008 EUR 737.688.375,00
2009 EUR 778.612.071,00
Profit: 2008 EUR 90.441.294,00
2009 EUR 67.268.116,00
further business figures:
Employees:
1.973
-
thereof permanent staff: 1.885
-
Trainees: 88
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 55,01
Liquidity ratio: 1,60
Return on total capital [%]: 18,72
Euler Hermes Balance sheet 1,3
grade:
Balance sheet ratios 2008
Equity ratio [%]: 54,24
Liquidity ratio: 1,94
Return on total capital [%]: 20,57
Euler Hermes Balance sheet 1,3
grade:
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 384.404.755,18
Fixed assets
EUR 43.396.809,57
Intangible assets
EUR 384.606,00
Concessions, licences, rights
EUR 384.606,00
Tangible assets
EUR 17.694.575,64
Land / similar rights
EUR 3.998.591,78
Plant / machinery
EUR 6.380.465,00
Other tangible assets / fixtures and
fittings
EUR 5.535.396,00
Advance payments made / construction
in progress
EUR 1.780.122,86
Financial assets
EUR 25.317.627,93
Shares
in participations /
subsidiaries and the like
EUR 22.362.501,28
Shares in related companies
EUR 22.178.501,28
Shares in investee companies
EUR 184.000,00
Securities included in fixed assets
EUR 2.948.736,05
Other loans
EUR 6.390,60
Current assets
EUR 340.896.828,37
Stocks
EUR 196.198.947,83
Raw materials, consumables and
supplies
EUR 41.637.211,66
Finished goods / work in progress
EUR 155.734.679,29
Advance payments made
EUR 330.000,00
Minus received advance payments for
orders / installments for stocks
EUR -1.502.943,12
Accounts receivable
EUR 144.577.047,82
Trade debtors
EUR 47.093.005,09
Amounts due from related companies
EUR 84.516.847,19
Amounts due from investee companies
EUR 1.227.658,69
Other debtors and assets
EUR 11.739.536,85
Liquid means
EUR 120.832,72
Remaining other assets
EUR 111.117,24
Accruals (assets)
EUR 111.117,24
LIABILITIES EUR 384.404.755,18
Shareholders' equity
EUR 155.470.711,38
Capital EUR 20.000.000,00
Subscribed capital (share capital)
EUR 20.000.000,00
Reserves
EUR 135.470.711,38
Capital reserves
EUR 135.470.711,38
Provisions EUR 86.217.405,58
Pension provisions and comparable
provisions
EUR 37.213.072,00
Provisions for taxes
EUR 1.649.699,47
Other / unspecified provisions
EUR 47.354.634,11
Liabilities
EUR 142.415.623,31
Other liabilities
EUR 142.415.623,31
Trade creditors (for IAS incl. bills
of exchange)
EUR 58.302.710,19
Liabililties due to related companiesEUR 82.782.025,60
Liabilities due to investee companiesEUR 6.063,86
Unspecified other liabilities
EUR 1.324.823,66
Other liabilities EUR 301.014,91
Deferrals (liabilities)
EUR 301.014,91
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 778.612.070,89
Inventory change + own costs (+/-)
EUR 32.787.362,19
Inventory change (+/-)
EUR 32.787.362,19
Other operating income
EUR 12.397.062,41
Cost of materials
EUR 547.726.744,07
Raw materials and supplies, purchased
goods
EUR 461.324.776,82
Purchased services
EUR 86.401.967,25
Gross result (+/-)
EUR 276.069.751,42
Staff
expenses EUR 129.081.176,02
Wages and salaries
EUR 105.533.223,73
Social security contributions and
expenses for pension plans and
benefits
EUR 23.547.952,29
Total depreciation
EUR 3.237.363,57
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 3.237.363,57
Other operating expenses EUR 68.571.000,27
Operating result from continuing
operations
EUR 75.180.211,56
Interest result (+/-)
EUR -184.139,71
Interest and similar income
EUR 786.323,45
Interest and similar expenses
EUR 970.463,16
Other financial result
EUR 16.261,35
Income from securities and loans from
financial assets
EUR 20.863,72
Depreciation on financial assets and
marketable securities
EUR 4.602,37
Financial result (+/-)
EUR -167.878,36
Result from ordinary operations (+/-)
EUR 75.012.333,20
Extraordinary result (+/-)
EUR -7.744.217,00
Expenses for transfer of profits to a
parent company
EUR 67.268.116,20
Annual surplus / annual deficit
EUR 0,00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 439.856.345,22
Fixed assets
EUR 41.943.737,72
Intangible assets EUR 320.081,00
Concessions, licences, rights
EUR 320.081,00
Tangible assets
EUR 16.333.794,89
Land / similar rights
EUR 3.612.513,52
Plant / machinery EUR 2.540.865,00
Other tangible assets / fixtures and
fittings
EUR 4.583.651,00
Advance payments made / construction
in progress
EUR 5.596.765,37
Financial assets
EUR 25.289.861,83
Shares in participations /
subsidiaries and the like
EUR 22.362.501,28
Shares in related companies
EUR 22.178.501,28
Shares in investee companies
EUR 184.000,00
Loans to participations /
subsidiaries and the like
EUR 536.600,00
Loans to investee companies
EUR 536.600,00
Securities included in fixed assets
EUR 2.378.594,11
Other loans
EUR 12.166,44
Current assets
EUR 396.398.092,02
Stocks
EUR 198.654.832,52
Raw materials, consumables and
supplies
EUR 93.523.445,91
Finished goods / work in progress
EUR 118.292.693,85
Advance payments made
EUR 1.192.125,73
Minus received advance payments for
orders
/ installments for stocks EUR -14.353.432,97
Accounts receivable
EUR 197.710.830,10
Trade debtors
EUR 24.064.077,60
Amounts due from related companies
EUR 162.937.478,70
Amounts due from investee companies
EUR 1.455.996,98
Other debtors and assets
EUR 9.253.276,82
Liquid means
EUR 32.429,40
Remaining other assets
EUR 1.514.515,48
Accruals (assets)
EUR 1.514.515,48
LIABILITIES EUR 439.856.345,22
Shareholders' equity
EUR 155.470.711,38
Capital EUR 20.000.000,00
Subscribed capital (share capital)
EUR 20.000.000,00
Reserves
EUR 135.470.711,38
Capital reserves
EUR 135.470.711,38
Balance sheet profit/loss (+/-)
EUR 0,00
Profit / loss brought forward
EUR -7.395.987,64
Annual surplus / annual deficit
EUR 7.395.987,64
Provisions
EUR 99.265.678,34
Pension provisions and comparable
provisions
EUR 28.102.972,06
Provisions for taxes
EUR 11.088.097,93
Other / unspecified provisions
EUR 60.074.608,35
Liabilities EUR 185.119.955,50
Financial debts
EUR 261.116,40
Liabilities due to banks
EUR 261.116,40
Other liabilities
EUR 184.858.839,10
Trade
creditors (for IAS incl. bills
of exchange)
EUR 77.380.545,74
Liabililties due to related companiesEUR 105.944.377,19
Liabilities due to investee companiesEUR 30.184,21
Unspecified other liabilities
EUR 1.503.731,96
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 737.688.375,41
Inventory change + own costs (+/-)
EUR 25.802.937,75
Inventory change (+/-)
EUR 25.802.937,75
Other operating income
EUR 21.421.850,25
Cost of materials
EUR 533.094.952,58
Raw materials and supplies, purchased
goods
EUR 456.313.033,73
Purchased services
EUR 76.781.918,85
Gross result (+/-)
EUR 251.818.210,83
Staff expenses
EUR 100.770.988,24
Wages and salaries
EUR 83.433.194,42
Social security contributions and
expenses for pension plans and
benefits
EUR 17.337.793,82
Total depreciation
EUR 3.154.488,25
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 3.154.488,25
Other operating expenses
EUR 59.693.223,61
Operating result from continuing
operations
EUR 88.199.510,73
Interest result (+/-)
EUR 3.068.051,73
Interest and similar income
EUR 3.731.413,44
Interest and similar expenses
EUR 663.361,71
Other financial result
EUR 9.218,63
Income from securities and loans from
financial assets
EUR 15.936,32
Depreciation on financial assets and
marketable securities
EUR 6.717,69
Financial result (+/-)
EUR 3.077.270,36
Result from ordinary operations (+/-)
EUR 91.276.781,09
Other extraordinary income
EUR 5.408.540,16
Expenses
for transfer of profits to a
parent company
EUR 83.045.305,56
Income tax / refund of income tax (+/-)EUR -6.244.028,05
Tax
(+/-)
EUR -6.244.028,05
Annual surplus / annual deficit
EUR 7.395.987,64
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.30 |
|
|
1 |
Rs.72.92 |
|
Euro |
1 |
Rs.64.69 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.