MIRA INFORM REPORT

 

 

Report Date :

06.08.2011

 

IDENTIFICATION DETAILS

 

Name :

PREVAC SP. Z O.O.

 

 

Registered Office :

Raciborska 61 44-362 Rogów

 

 

Country :

Poland

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

13.09.2002

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Agents involved in the sale of a variety of goods

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Poland

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

NAME AND ADDRESS                                         

 

 

NAME:

PREVAC SP. Z O.O.

ID_firmy (OSIG no.):

CEN0208505CK

 

STREET:

RACIBORSKA 61

ZIP CODE:

44-362

TOWN:

ROGÓW

 

 

CONTACT DETAILS                                          

 

 

TELEPHONE:

32/4592000

 

 

 

FAX:

32/4592001

WEBSITE:

www.prevac.pl

 

EMAIL:

biuro@prevac.pl

 

 

 

 

OTHER INFORMATION                                       

 

 

REGON/Statistical No.

273374884

V.A.T.:

647-178-21-75

 

 

FOUNDED:

2002/09/13

 

 

 

 

 

Legal form

LIMITED LIABILITY COMPANY

 

 

 

 

 

NACE codes:

51.19

Agents involved in the sale of a variety of goods

 

 

26

Manufacture of other non-metallic mineral products

 

 

28

Manufacture of fabricated metal products, except machinery and equipment

 

 

31

Manufacture of electrical machinery and apparatus n.e.c.

 

 

 

 

 

 

 

 

EMPLOYMENT (for last available 3 years)

 

 

 

 

 

FROM DATE

TO DATE

TOTAL (MIN-MAX)

PRODUCTIVE (MIN-MAX)

UNPRODUCTIVE (MIN-MAX)

2008/01/01

2008/12/31

70 - 70

-

-

 

 

 

 

 

 

 

 

TURNOVER and NET SALES (for last available 3 years)

 

 

 

 

 

FROM DATE

TO DATE

TURNOVER

NET SALES

EXPORT

IMPORT

2009/01/01

2009/12/31

16.895.454,16

16.696.227,46

 

 

2008/01/01

2008/12/31

27.556.187,63

27.081.426,08

 

 

2007/01/01

2007/12/31

18.673.178,79

18.466.835,11

 

 

 

 

 

 

 

 

 

 

TOTAL ASSETS (for last available 3 years)

 

 

 

 

 

 

 

 

YEAR 1

YEAR 2

YEAR 3

DATE:

31/12/2009

31/12/2008

31/12/2007

TOTAL ASSETS

18.846.906,83

15.494.038,07

17.037.596,64

 

 

 

 

 

 

 

 

NET PROFIT/LOSS (for last available 3 years)

 

 

 

 

 

YEAR 1

YEAR 2

YEAR 3

DATE:

31/12/2009

31/12/2008

31/12/2007

Net profit (loss) for the year:

973.393,90

3.714.956,25

2.364.339,46

 

 

 

 

 

 

 

 

 

Summary

 

NAME AND ADDRESS DATA

 

 

 

 

ID_firmy (OSIG no.):

CEN0208505CK

 

NAME:

PREVAC SP. Z O.O.

 

SHORT NAME:

PREVAC SP. Z O.O., ROGÓW

 

STREET:

RACIBORSKA 61

 

ZIP CODE:

44-362

 

TOWN:

ROGÓW

 

TELEPHONE:

32/4592000

 

FAX:

32/4592001

 

WEBSITE:

www.prevac.pl

 

EMAIL:

biuro@prevac.pl

 

 

 

 

BASIC DATA

 

 

 

 

REGON/Statistical No.

273374884

 

V.A.T.:

647-178-21-75

 

Nationwide Court Register

KRS 0000130401

 

Legal form

LIMITED LIABILITY COMPANY

 

Status

ACTIVE

 

Start of Activity

2002/09/13

 

Registering agency

COURT OF COMMERCE

 

Register type

NATIONAL COURT REGISTER

 

Date of registration

13/09/2002

 

Date of the statute

/ /

 

NACE codes:

51.19

Agents involved in the sale of a variety of goods

 

26

Manufacture of other non-metallic mineral products

 

28

Manufacture of fabricated metal products, except machinery and equipment

 

31

Manufacture of electrical machinery and apparatus n.e.c.

 

 

 

 

 

 

 

ORGANISATIONAL AND LEGAL DATA

 

 

 

 

REGISTER CAPITAL:

 

 

VALUE:

619.800,00 PLN

 

NUMBER OF SHARES:

1033

 

 

 

 

 

SHAREHOLDERS     

 

 

ID_osoby:

CEN0052795CL

 

NAME:

ANDREAS

 

SECOND NAME:

GEORG

 

SURNAME:

GLENZ

 

COUNTRY:

All Countries

 

VALUE:

577.200,00 PLN

 

NUMBER OF SHARES:

962

 

 

 

 

 

MANAGERS

 

 

 

 

 

ID_osoby:

CEN0052795CL

 

TYPE:

PRESIDENT OF THE BOARD

 

REPRESENTATION:

SOLE SIGNATURE

 

NAME:

ANDREAS

 

SECOND NAME:

GEORG

 

SURNAME:

GLENZ

 

COUNTRY:

All Countries

 

 

 

 

 

PROXY/PLENIPOTENTIARY

 

 

 

 

ID_osoby:

CEN0052796CL

 

NAME:

JANUSZ

 

SECOND NAME:

ANTONI

 

SURNAME:

BUDZIOCH

 

PESEL:

56091105939

 

COUNTRY:

Poland

 

 

 

 

 

 

 

SHARES IN OTHER COMPANIES

 

 

 

 

Officially not available

 

 

 

EMPLOYMENT                                                  

 

 

 

TOTAL (MIN-MAX)

PRODUCTIVE (MIN-MAX)

UNPRODUCTIVE (MIN-MAX)

FROM DATE

TO DATE

70 - 70

-

-

2008/01/01

2008/12/31

 

 

REAL ESTATE

 

 

 

 

OWNED

 

 

 

 

 

 

AREA FROM

AREA TO

VALUE:

CURRENCY

MORTGAGEE REGISTER NUMBER

GROUNDS

 

 

251.596,43

PLN

 

BUILDINGS AND CONSTRUCTIONS

 

 

2.435.249,28

PLN

 

 

 

 

 

 

 

 

 

 

 

SALES

 

 

 

 

FROM DATE

TO DATE

TURNOVER

NET SALES

EXPORT

IMPORT

2009/01/01

2009/12/31

16.895.454,16

16.696.227,46

 

 

2008/01/01

2008/12/31

27.556.187,63

27.081.426,08

 

 

2007/01/01

2007/12/31

18.673.178,79

18.466.835,11

 

 

2006/01/01

2006/12/31

8.634.991,99

8.499.593,77

 

 

2005/01/01

2005/12/31

13.957.988,70

13.515.103,50

 

 

2004/01/01

2004/12/31

9.439.812,06

9.151.168,24

 

 

2003/01/01

2003/12/31

6.661.981,62

6.513.392,26

 

 

2002/01/01

2002/12/31

5.806.193,04

5.612.169,55

 

 

 

 

 

 

 

FINANCIAL DATA

 

 

 

 

FINANCIAL STATEMENT

 

 

 

 

 

 

YEAR 1

YEAR 2

YEAR 3

DATE:

31/12/2009

31/12/2008

31/12/2007

ASSETS

 

 

 

A. Total non-current assets

4.631.491,89

4.610.167,66

4.299.996,93

I.Intangible assets:

8.074,53

36.849,27

83.558,21

1.Costs of development activities:

0,00

0,00

0,00

2.Goodwill:

0,00

0,00

0,00

3.0ther intangible fixed assets:

8.074,53

36.849,27

83.558,21

4.Prepayments for intangible assets:

0,00

0,00

0,00

II.Fixed assets:

4.592.712,36

4.436.795,39

4.216.438,72

l.tangible fixed assets:

3.978.436,85

4.129.102,89

1.120.436,93

a)land:

251.596,43

253.581,36

205.165,00

b)buildings:

2.435.249,28

2.555.385,01

255.987,06

c)machinery and equipment:

848.518,38

1.096.719,03

393.289,20

d)vehicles:

177.529,79

99.744,58

82.487,52

e)other tangible fixed assets:

265.542,97

123.672,91

183.508,15

2.Investments in progress:

428.133,01

0,00

2.821.559,29

3.Investments in progress paid on accounts:

186.142,50

307.692,50

274.442,50

III.Long-term receivables:

0,00

0,00

0,00

I.From related companies:

0,00

0,00

0,00

2.From other companies:

0,00

0,00

0,00

IV.Long-term investments:

0,00

0,00

0,00

I.Real-estate property:

0,00

0,00

0,00

2.Intangible assets:

0,00

0,00

0,00

3.Long-term financial assets:

0,00

0,00

0,00

a) in related companies:

0,00

0,00

0,00

- shares:

0,00

0,00

0,00

- other commercial papers:

0,00

0,00

0,00

- provided loans:

0,00

0,00

0,00

- other long-term financial assets:

0,00

0,00

0,00

b) in other companies:

0,00

0,00

0,00

- shares:

0,00

0,00

0,00

- other commercial papers:

0,00

0,00

0,00

- provided loans:

0,00

0,00

0,00

- other long-term financial assets:

0,00

0,00

0,00

4.0ther long-term investments:

0,00

0,00

0,00

V.Long-term interperiod settlements:

30.705,00

136.523,00

0,00

1.Assets from deffered income tax:

30.705,00

136.523,00

0,00

2.0thers:

0,00

0,00

0,00

B. Current assets:

14.215.414,94

10.883.870,41

12.737.599,71

I. Inventory

6.729.562,88

4.410.135,97

5.437.050,03

1.Materials:

2.787.942,34

2.722.934,64

1.279.922,60

2.Semi-products and work in progress:

2.484.097,42

895.555,05

2.646.680,00

3.Finished goods:

0,00

0,00

0,00

4.Products:

641.182,54

773.651,70

565.457,78

5.Advance payment for delivery:

816.340,58

17.994,58

944.989,65

II.Accounts receivable:

3.382.787,48

2.623.264,65

2.436.322,48

1.From related companies:

0,00

0,00

0,00

a)trade receivables:

0,00

0,00

0,00

- within 12 months:

0,00

0,00

0,00

- more than 12 months:

0,00

0,00

0,00

b)others:

0,00

0,00

0,00

2.From other companies:

3.382.787,48

2.623.264,65

2.436.322,48

a)trade receivables:

3.319.843,32

2.513.752,23

2.409.061,77

- within 12 months:

3.319.843,32

2.513.752,23

2.409.061,77

- more than 12 months:

0,00

0,00

0,00

b)tax and social receivables:

17.144,37

83.880,42

510,71

c)other receivables:

45.799,79

25.632,00

26.750,00

d)accounts receiv. result. from disputable claims:

0,00

0,00

0,00

III.Short-term investments:

4.058.292,41

3.801.588,07

4.819.378,48

1.Short-term financial assets:

4.058.292,41

3.801.588,07

4.819.378,48

a) in related companies:

0,00

0,00

0,00

- shares:

0,00

0,00

0,00

- other commercial papers:

0,00

0,00

0,00

- provided loans:

0,00

0,00

0,00

- other short-term financial assets:

0,00

0,00

0,00

b) in other companies:

0,00

0,00

0,00

- shares:

0,00

0,00

0,00

- other commercial papers:

0,00

0,00

0,00

- provided loans:

0,00

0,00

0,00

- other short-term financial assets:

0,00

0,00

0,00

c)cash and other cash assets:

4.058.292,41

3.801.588,07

4.819.378,48

- cash in hand and at bank:

370.445,83

262.635,58

503.405,88

- other cash means:

3.687.846,58

3.538.039,61

4.313.675,62

- other cash assets:

0,00

912,88

2.296,98

2.0ther short-term investments:

0,00

0,00

0,00

IV.Short-term interperiod settlements:

44.772,17

48.881,72

44.848,72

Total assets (A+B):

18.846.906,83

15.494.038,07

17.037.596,64

LIABILITIES

 

 

 

A. Net worth:

11.812.847,27

10.839.453,37

7.124.497,12

I.Issued capital:

619.800,00

619.800,00

619.800,00

II.Outstanding but unpaid contribution

0,00

0,00

0,00

III.Entity's own capital (negative):

0,00

0,00

0,00

IV.Reserve capital:

10.219.653,37

6.504.697,12

4.119.841,16

V.Revaluation reserve:

0,00

0,00

0,00

VI.Other reserve capitals:

0,00

0,00

0,00

VII.Profit/loss brutto forward:

0,00

0,00

20.516,50

VIII.Net financial result for the year:

973.393,90

3.714.956,25

2.364.339,46

IX.Write-offs from net profit:

0,00

0,00

0,00

B.Liabilities & reserves:

7.034.059,56

4.654.584,70

9.913.099,52

I.Reserve for liabilities:

14.648,00

19.461,00

0,00

1.Reserves for deffered income tax:

7.948,00

12.761,00

0,00

2.Reserves for retirement and similar:

0,00

0,00

0,00

- long-term:

0,00

0,00

0,00

- short-term:

0,00

0,00

0,00

3.0ther reserves:

6.700,00

6.700,00

0,00

- long-term:

0,00

0,00

0,00

- short-term:

6.700,00

6.700,00

0,00

II.Long-term liabilities:

0,00

0,00

0,00

1.To related companies:

0,00

0,00

0,00

2.To other companies:

0,00

0,00

0,00

a)credits and loans:

0,00

0,00

0,00

b)commercial papers:

0,00

0,00

0,00

c)other financial liabilities:

0,00

0,00

0,00

d)other long-term liabilities:

0,00

0,00

0,00

III.Short-term liabilities:

6.615.242,40

4.129.217,87

3.683.507,77

1.To related companies:

0,00

0,00

0,00

a)trade payable:

0,00

0,00

0,00

- within 12 months:

0,00

0,00

0,00

- more than 12 months:

0,00

0,00

0,00

b)other:

0,00

0,00

0,00

2.To other companies:

6.580.729,22

4.114.211,24

3.672.618,02

a)bank loans:

0,00

0,00

0,00

b)commercial papers:

0,00

0,00

0,00

c)other financial liabilities:

0,00

0,00

0,00

d)trade payables:

3.250.728,43

2.830.766,11

3.330.028,12

- within 12 months:

3.250.728,43

2.830.766,11

3.330.028,12

- more than 12 months:

0,00

0,00

0,00

e)supplies paid on account:

2.317.278,10

283.980,04

7.314,42

f)notes payable:

0,00

0,00

0,00

g)tax & social securities:

759.589,67

731.930,83

320.664,72

h)payroll payable:

241.900,37

256.747,00

0,00

i)other short-term liabilities:

11.232,65

10.787,26

14.610,76

3. Special funds:

34.513,18

15.006,63

10.889,75

IV. Accrued liabilities:

404.169,16

505.905,83

6.229.591,75

1. Negative goodwill

0,00

0,00

0,00

2. Other

404.169,16

505.905,83

6.229.591,75

- long-term:

0,00

0,00

0,00

- short-term:

404.169,16

505.905,83

6.229.591,75

Total liabilities (A+B):

18.846.906,83

15.494.038,07

17.037.596,64

 

 

 

 

Profit and Loss account (calc)

 

 

 

 

 

 

 

 

YEAR 1

YEAR 2

YEAR 3

FROM DATE:

01/01/2009

01/01/2008

01/01/2007

TO DATE:

31/12/2009

31/12/2008

31/12/2007

A. Net sales of goods and products:

16.696.227,46

27.081.426,08

18.466.835,11

- including to related companies

0,00

0,00

0,00

I. Net sales of products

11.334.092,09

22.352.319,34

13.635.461,81

II. Change of products

5.362.135,37

4.729.106,74

4.831.373,30

B. Operation expenses:

14.129.153,37

21.302.165,52

14.448.766,51

- including to related companies

0,00

0,00

0,00

I. Cost of production

10.184.234,44

17.742.229,98

10.871.681,52

II. Goods and materials at cost

3.944.918,93

3.559.935,54

3.577.084,99

C. Gross profit on sale(A-B)

2.567.074,09

5.779.260,56

4.018.068,60

D. Costs of sale

276.577,57

242.550,32

285.559,87

E. General administrative costs

1.096.714,13

1.045.049,86

934.429,92

F. Profit from sale (C-D-E)

1.193.782,39

4.491.660,38

2.798.078,81

G. Other operation incomes

128.639,04

328.410,36

93.988,19

I. Profit from sale of tangible assets

0,00

0,00

0,00

II. Grants & subsidies

112.693,52

127.630,44

59.823,75

III. Other

15.945,52

200.779,92

34.164,44

H. Other operating costs

69.062,01

104.902,75

77.957,69

I. Loss from sale of tangible assets

0,00

303,26

0,00

II. Revaluation of non-financial assets

0,00

0,00

0,00

III. Other operating costs

69.062,01

104.599,49

77.957,69

I. Profit from operating activity (F+G-H)

1.253.359,42

4.715.167,99

2.814.109,31

J. Financial income

70.587,66

146.351,19

112.355,49

I. Dividends

0,00

0,00

0,00

- from subsidiaries and affiliates

0,00

0,00

0,00

II. Interest receivable

69.724,66

141.064,94

77.179,84

- from subsidiaries and affiliates

0,00

0,00

0,00

III. Profits from investment transferred

0,00

0,00

0,00

IV. Revaluation of investments

0,00

0,00

0,00

V. Other

863,00

5.286,25

35.175,65

K. Financial costs

111.179,18

233.886,93

364,34

I. Interest payable including:

1.253,29

424,28

39,00

- to related companies

0,00

0,00

0,00

II. Loss from investments transferred

0,00

0,00

0,00

III. Revaluation of investments

0,00

0,00

0,00

IV. Other

109.925,89

233.462,65

325,34

L. Profit from economic activity (I+J-K)

1.212.767,90

4.627.632,25

2.926.100,46

M. Extraordinary items (M.I - M.II)

0,00

0,00

0,00

I. Extraordinary incomes

0,00

0,00

0,00

II.Extraordinary losses

0,00

0,00

0,00

N. Gross profit for the year (L+M)

1.212.767,90

4.627.632,25

2.926.100,46

O. Corporate income tax

239.374,00

1.036.438,00

561.761,00

P. Other obligatory charges

0,00

-123.762,00

0,00

R. Net profit far the year (N-O-P)

973.393,90

3.714.956,25

2.364.339,46

 

 

INDEX ANALYSIS    

 

 

 

INDEX

31/12/2009

31/12/2008

31/12/2007

CURRENT RATIO (CR)
Current assets/Current liabilities

2,15

2,64

3,46

QUICK RATIO (QR)
Current Assets-Inventory/Current liabilities

1,13

1,57

1,98

CASH RATIO (SQR)
Cash/Current liabilities

0,61

0,92

1,31

STOCK TURNOVER/DAY'S SUPPLY IN INVENTORY
Inventory/Turnover x 365 days

147,12

59,44

107,46

CREDITORS DAYS/DAY'S SALES IN RECEIVABLES
Current receivables/Turnover x 365 days

73,95

35,36

48,15

DEBTORS DAYS/DAY'S PURCHASE IN PAYABLES
Current liabilities/Turnover x 365 days

144,62

55,65

72,81

TOTAL INDEBTNESS/DEBT RATIO
Outside capital/Equity capital x 100%

37,32

30,04

58,18

LONG TERM INDEBTNESS I/LONG TERM DEBT RATIO I
Longterm liabilities/Equity capital

0,00

0,00

0,00

LONG TERM INDEBTNESS II/LONG TERM DEBT RATIO II
Longterm liab./Equity cap.+Longterm liab. x 100%

0,00

0,00

0,00

RETURN ON SALES (ROS)
Net profit/Turnover x 100%

5,83

13,72

12,80

RETURN ON ASSETS (ROA)
Net profit/Total assets x 100%

5,16

23,98

13,88

RETURN ON EQUITY (ROE)
Net profit/Equity capital x 100%

8,24

34,27

33,19

LONG TERM LIABILITIES IN OUTSIDE CAPITAL
Longterm liabilities/Outside capital x 100%

0,00

0,00

0,00

WORKING CAPITAL
Current assets-Current liabilities

7.600.172,54

6.754.652,54

9.054.091,94

WORKING CAPITAL RATIO
Current assets-Current liabilities/Turnover x 100%

45,52

24,94

49,03

 

 

 

 

AVERAGE VALUES (for last available 3 years)

 

 

 

 

NACE:26 (Manufacture of other non-metallic mineral products)

 

INDEX ANALYSIS

31/12/2010

31/12/2009

31/12/2008

CURRENT RATIO (CR)
Current assets/Current liabilities

7,61

2,40

2,79

QUICK RATIO (QR)
Current Assets-Inventory/Current liabilities

7,61

1,07

1,90

RETURN ON SALES (ROS)
Net profit/Turnover x 100%

41,81

5,44

4,94

RETURN ON ASSETS (ROA)
Net profit/Total assets x 100%

22,32

4,27

9,27

RETURN ON EQUITY (ROE)
Net profit/Equity capital x 100%

25,70

-2,93

14,71

EMPLOYMENT

 

Employment TOTAL

204.41

204.56

204.88

Employment PRODUCTIVE

130.67

130.67

125.44

Employment UNPRODUCTIVE

71.00

71.00

76.67

TURNOVER / NET SALES

 

TURNOVER

250.206,56

74.863.522,89

123.692.885,96

NET SALES

165.410,81

40.729.993,80

127.703.850,06

TOTAL ASSETS

 

TOTAL ASSETS

309.860,44

103.265.602,11

101.849.234,91

 

 

 

 

NACE:28 (Manufacture of fabricated metal products, except machinery and equipment)

 

INDEX ANALYSIS

31/12/2010

31/12/2009

31/12/2008

CURRENT RATIO (CR)
Current assets/Current liabilities

2,66

3,07

2,24

QUICK RATIO (QR)
Current Assets-Inventory/Current liabilities

1,64

2,02

1,35

RETURN ON SALES (ROS)
Net profit/Turnover x 100%

3,77

5,49

0,65

RETURN ON ASSETS (ROA)
Net profit/Total assets x 100%

1,81

4,13

2,77

RETURN ON EQUITY (ROE)
Net profit/Equity capital x 100%

-6,88

7,39

-10,71

EMPLOYMENT

 

Employment TOTAL

99.47

99.52

99.43

Employment PRODUCTIVE

258.58

260.79

368.25

Employment UNPRODUCTIVE

53.82

52.53

125.89

TURNOVER / NET SALES

 

TURNOVER

247.204.762,81

368.194.954,41

286.120.469,02

NET SALES

61.526.575,20

162.372.264,35

146.860.103,09

TOTAL ASSETS

 

TOTAL ASSETS

862.390.044,42

333.501.821,19

223.460.701,89

 

 

HISTORICAL DATA

                                                                        

 

 

 

Officially not available

 

 

 

 

 

PAYMENTS

 

 

 

 

Overdue payments

There aren't of debt collection action by available resources of

 

Overdue payments

KRD (National Debt Register Economic Information Bureau www.krd.pl )

 

Overdue payments

against this Company at 02.08.2011

 

 

 

 

TRADE PARTNERS

 

 

 

 

ID_firmy (OSIG no.):

CEN0190931CK

 

COMPANY NAME:

MOBIL NET SPÓŁKA Z O.O.

 

V.A.T.:

952-186-55-52

 

STREET:

POEZJI 19

 

ZIP CODE:

04-994

 

TOWN:

WARSZAWA

 

TELEPHONE::

022/5173030

 

FAX:

022/5173031

 

WEBSITE:

www.mobil-net.pl

 

EMAIL:

biuro@mobil-net.pl

 

 

 

 

ID_firmy (OSIG no.):

CEN0198241CK

 

COMPANY NAME:

ELMARK AUTOMATYKA SP. Z O.O.

 

STREET:

RADNA 12/5

 

ZIP CODE:

00-341

 

TOWN:

WARSZAWA

 

TELEPHONE::

022/8213054

 

FAX:

022/7737937

 

WEBSITE:

www.elmark.com.pl

 

 

 

 

 

 

 

RELATED FIRMS

 

 

 

 

Officially not available

 

 

 

 

 

PROCEDURES

 

 

 

 

Officially not available

 

 

ADDITIONAL INFORMATION                             

 

 

 

Officially not available

 

 

 

 

BANKS

 

 

 

 

Officially not available

 

 

 

 

 

CUSTOMERS / SUPPLIERS

 

 

 

 

Officially not available

 

 

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.80

UK Pound

1

Rs.72.85

Euro

1

Rs.63.11

 

 

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

--

NB

                                       New Business

 

--

 

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.