MIRA INFORM REPORT

Report Date :

08.08.2011

Supplement

We refer to your enquiry of 16.07.2011. In the meantime there have been changes in particular in the following areas subject to monitoring:- Balance sheets

Company name & address

Lindauer DORNIER Gesellschaft mit beschränkter Haftung

Main address:

Rickenbacher Str. 119

D 88131 Lindau

Telephone: 08382/7030

Telefax: 08382/703810

Homepage: www.lindauer-dornier.de

E-mail: webmaster@lindauer-dornier.de

VAT no.

DE128794942

CONCLUSION

Business relations are permissible. The company is considered solvent for credits within its scope of business.

Synthesis

LEGAL FORM Private limited company

Date of foundation: 1950

Shareholders'

agreement: 01.01.1950

Registered on: 01.02.1950

Commercial Register: Local court 87435 Kempten

under: HRB 1220

Share capital: EUR 30,000,000.00

Shareholder

Peter Dornier Holding GmbH

Rickenbacher Str. 119

D 88131 Lindau

Legal form: Private limited company

Share capital: EUR 3,000,000.00

Share: EUR 30,000,000.00

Registered on: 18.11.1993

Reg. data: 87435 Kempten, HRB 5020

Manager

Peter D. Dornier

Wasserburger Str. 14a

D 88149 Nonnenhorn

having sole power of representation

born: 05.01.1961

Profession: graduate engineer

Marital status: married

Manager:

Michael Ebeling

Im Lohfeld 8

D 32657 Lemgo

born: 23.02.1963

Profession: graduate engineer

Manager:

Dr. Andreas Rutz

Bazienstr. 18k

D 88131 Lindau

born: 09.08.1952

Profession: graduate engineer

Marital status: married

Manager:

Hans-Jürgen Schmidt

D 31234 Edemissen

born: 15.12.1955

Profession: Fully qualified Economist

President of the Supervisory Board

Prof.Dr. Dieter Feddersen

D 61476 Kronberg

born: 22.04.1935

Profession: lawyer and notary

Marital status: unknown

Vice-president of the Supervisory Board

Dr.rer.pol. Klaus Peter Bleyer

D 63263 Neu-Isenburg

born: 18.11.1940 in Rosenheim

Profession: director of finance

Marital status: single

Member of the Supervisory Board

Maria gen. Maja Dornier

D 88131 Lindau

born: 23.04.1937

Representative of the Employees within the Supervisory Board

Hans Grossmann

D 88131 Lindau

born: 15.08.1949

Proxy

Günter Gugenberger

D 88138 Weißensberg

authorized to jointly represent the company

born: 13.04.1954

Proxy:

Gunter Przybyl

D 88079 Kressbronn

authorized to jointly represent the company

born: 17.02.1950

Proxy:

Adolf Müller

D 88147 Achberg

authorized to jointly represent the company

born: 27.03.1948

Proxy:

Hubert Becher

D 88079 Kressbronn

authorized to jointly represent the company

born: 03.04.1954

Proxy:

Harald Prantl

A Hoechst

authorized to jointly represent the company

born: 27.01.1960

Nationality: Austrian

Proxy:

Arnold Heim

D 88131 Bodolz

authorized to jointly represent the company

born: 30.12.1960

Further functions/participations of Peter

D. Dornier (Manager)

Shareholder:

Peter Dornier Holding GmbH

Rickenbacher Str. 119

D 88131 Lindau

Legal form: Private limited company

Share capital: EUR 3,000,000.00

Share: EUR 900,000.00

Registered

on: 18.11.1993

Reg. data: 87435 Kempten, HRB 5020

Manager:

Peter Dornier Holding GmbH

Rickenbacher Str. 119

D 88131 Lindau

Legal form: Private limited company

Share capital: EUR 3,000,000.00

Registered

on: 18.11.1993

Reg. data: 87435 Kempten, HRB 5020

Further functions/participations of Hans-Jürgen Schmidt (Manager)

Manager:

LIDO-Hilfe Gesellschaft mit beschränkter

Haftung

Rickenbacher Str. 119

D 88131 Lindau

Legal form: Private limited company

Share capital: EUR 25,564.59

Registered

on: 07.03.1986

Reg. data: 87435 Kempten, HRB 1734

Manager:

Peter Dornier Holding GmbH

Rickenbacher Str. 119

D 88131 Lindau

Legal form: Private limited company

Share capital: EUR 3,000,000.00

Registered

on: 18.11.1993

Reg. data: 87435 Kempten, HRB 5020

BUSINESS ACTIVITIES

Sectors

28960 Manufacture of machinery for processing plastics and rubber

46640 Wholesale of machinery for the textile industry and of sewing and knitting machines

46692 Wholesale of other machinery

BRANCHES AND FACTORIES

Works:

Lindauer DORNIER Gesellschaft mit

beschränkter Haftung - Niederlassung -

Füssener Str. 16

D 87459 Pfronten

TEL.: 08363/9100-0

FAX.: 08363/9100-55

Works:

Lindauer DORNIER Gesellschaft mit

beschränkter Haftung Werk Esseratsweiler

Wangener Str. 13

D 88147 Achberg

PARTICIPATIONS

Shareholder:

DORNIER-LTF GmbH

Rickenbacher Str. 107

D 88131 Lindau

Legal form: Private limited company

Company Status: active

Share capital: EUR 300,000.00

Share: EUR 150,000.00

Reg. data: 23.08.2010

Local court 87435 Kempten

HRB 10764

Shareholder:

GWG Lindauer Wohnungsgesellschaft mbH

Reutiner Str. 63

D 88131 Lindau

Legal form: Private limited company

Company Status: active

Share capital: EUR 2,950,000.00

Share: EUR 5,150.00

Reg. data: 17.02.1930

Local court 87435 Kempten

HRB 1243

FINANCIAL INFORMATION

Payment experience: cash discount/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: proprietor

Share: 100.00 %

Address Rickenbacher Str. 119

D 88131 Lindau

Value at selling price: EUR 16,300,000.00

Land register documents were not available.

BANKERS

Principal bank

DEUTSCHE BANK, RAVENSBURG, WÜRTT

Sort. code: 65070084, BIC: DEUTDESS650

Further banks

DEUTSCHE BANK, LINDAU (BODENSEE)

Sort. code: 65070084, Account no.: 3103702, BIC: DEUTDESS650

UNICREDIT BANK - HYPOVEREINSBANK, LINDAU (BODENSEE)

Sort. code: 60020290, Account no.: 1208268, BIC: HYVEDEMM473

FINANCIAL FIGURES

Turnover: 2009 EUR 214,744,142.00

2010 EUR 210,000,000.00

Profit: 2009 EUR -25,307,221.00

further business figures:

Equipment: EUR 3,976,995.00

Ac/ts receivable: EUR 27,178,045.00

Liabillities: EUR 67,599,940.00

Employees: 1,058

- thereof permanent staff: 992

- Trainees: 66

BALANCE SHEETS

Balance sheet ratios 01.01.2009 - 31.12.2009

Equity ratio [%]: 16.79

Liquidity ratio: 0.99

Return on total capital [%]: -14.37

Balance sheet ratios 01.01.2008 - 31.12.2008

Equity ratio [%]: 23.12

Liquidity ratio: 0.44

Return on total capital [%]: -5.27

Balance sheet ratios 01.01.2007 - 31.12.2007

Equity ratio [%]: 32.15

Liquidity ratio: 0.81

Return on total capital [%]: 2.09

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 176,241,720.16

Fixed assets EUR 33,313,488.59

Intangible assets EUR 348,687.00

Concessions, licences, rights EUR 348,687.00

Tangible assets EUR 31,160,324.00

Land / similar rights EUR 21,375,243.00

Plant / machinery EUR 5,808,086.00

Other tangible assets / fixtures and

fittings EUR 3,976,995.00

Financial assets EUR 1,804,477.59

Shares in participations /

subsidiaries and the like EUR 1,665,475.43

Shares in related companies EUR 1,661,859.30

Shares in investee companies EUR 3,616.13

Loans to participations /

subsidiaries and the like EUR 11,322.18

Loans to investee companies EUR 11,322.18

Other loans EUR 127,679.98

Current assets EUR 142,799,331.86

Stocks EUR 72,512,949.78

Raw materials, consumables and

supplies EUR 11,982,304.00

Finished goods / work in progress EUR 59,488,014.00

Advance payments made EUR 1,042,631.78

Accounts receivable EUR 27,178,045.66

Trade debtors EUR 20,507,644.80

Amounts due from related companies EUR 468,154.44

Other debtors and assets EUR 6,202,246.42

Investments in current assets EUR 2,860,651.30

Other investments EUR 2,860,651.30

Liquid means EUR 40,247,685.12

Remaining other assets EUR 128,899.71

Accruals (assets) EUR 128,899.71

LIABILITIES EUR 176,241,720.16

Shareholders' equity EUR 29,736,078.80

Capital EUR 30,000,000.00

Subscribed capital (share capital) EUR 30,000,000.00

Reserves EUR 16,872,632.08

Capital reserves EUR 16,872,632.08

Balance sheet profit/loss (+/-) EUR -17,136,553.28

Balance sheet profit / loss EUR -17,136,553.28

Provisions EUR 78,905,700.83

Pension provisions and comparable

provisions EUR 50,829,381.00

Provisions for taxes EUR 36,000.00

Other / unspecified provisions EUR 28,040,319.83

Liabilities EUR 67,599,940.53

Other liabilities EUR 67,599,940.53

Trade creditors (for IAS incl. bills

of exchange) EUR 8,685,062.73

Liabilities from received advance

payments EUR 51,359,909.22

Liabililties due to related companiesEUR 553,110.43

Unspecified other liabilities EUR 7,001,858.15

thereof liabilities from tax /

financial authorities EUR 661,675.02

thereof liabilities from social

security EUR 851,551.73

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

Code (HGB)

Sales EUR 214,744,141.53

Inventory change + own costs (+/-) EUR -60,862,557.00

Inventory change (+/-) EUR -61,162,173.00

Capitalised own costs EUR 299,616.00

Other operating income EUR 5,091,488.47

Cost of materials EUR 84,040,162.54

Raw materials and supplies, purchased

goods EUR 71,123,903.71

Purchased services EUR 12,916,258.83

Gross result (+/-) EUR 74,932,910.46

Staff expenses EUR 61,199,668.55

Wages and salaries EUR 48,875,408.61

Social security contributions and

expenses for pension plans and

benefits EUR 12,324,259.94

Total depreciation EUR 4,513,337.37

Depreciation on tangible / intangible

asssets (incl. start-up and exp. of

bus. EUR 4,513,337.37

Other operating expenses EUR 34,918,282.55

Operating result from continuing

operations EUR -25,698,378.01

Interest result (+/-) EUR 1,072,544.19

Interest and similar income EUR 1,319,027.51

Interest and similar expenses EUR 246,483.32

Other financial result EUR -626,926.90

Income from securities and loans from

financial assets EUR 4,757.85

Depreciation on financial assets and

marketable securities EUR 631,684.75

Financial result (+/-) EUR 445,617.29

Result from ordinary operations (+/-) EUR -25,252,760.72

Income tax / refund of income tax (+/-)EUR -54,460.13

Tax (+/-) EUR -54,460.13

Annual surplus / annual deficit EUR -25,307,220.85

Type of balance

sheet: Company balance sheet

Financial year: 01.01.2008 - 31.12.2008

ASSETS EUR 237,259,354.59

Fixed assets EUR 36,301,711.82

Intangible assets EUR 508,974.00

Concessions, licences, rights EUR 508,974.00

Tangible assets EUR 33,921,542.54

Land / similar rights EUR 22,327,025.54

Plant / machinery EUR 6,797,796.00

Other tangible assets / fixtures and

fittings EUR 4,796,721.00

Financial assets EUR 1,871,195.28

Shares in participations /

subsidiaries and the like EUR 1,665,475.43

Shares in related companies EUR 1,661,859.30

Shares in investee companies EUR 3,616.13

Loans to participations /

subsidiaries and the like EUR 10,960.60

Loans to investee companies EUR 10,960.60

Other loans EUR 194,759.25

Current assets EUR 200,795,506.96

Stocks EUR 142,367,999.38

Raw materials, consumables and

supplies EUR 17,417,617.00

Finished goods / work in progress EUR 120,650,187.00

Advance payments made EUR 4,300,195.38

Accounts receivable EUR 44,320,040.81

Trade debtors EUR 36,222,761.93

Amounts due from related companies EUR 103,993.71

Other debtors and assets EUR 7,993,285.17

Investments in current assets EUR 11,077,790.80

Other investments EUR 11,077,790.80

Liquid means EUR 3,029,675.97

Remaining other assets EUR 162,135.81

Accruals (assets) EUR 162,135.81

LIABILITIES EUR 237,259,354.59

Shareholders' equity EUR 55,043,299.65

Capital EUR 30,000,000.00

Subscribed capital (share capital) EUR 30,000,000.00

Reserves EUR 21,129,188.12

Capital reserves EUR 16,872,632.08

Retained earnings / revenue reserves EUR 4,256,556.04

Balance sheet profit/loss (+/-) EUR 3,914,111.53

Balance sheet profit / loss EUR 3,914,111.53

Provisions EUR 77,797,891.31

Pension provisions and comparable

provisions EUR 50,229,681.00

Provisions for taxes EUR 123,752.00

Other / unspecified provisions EUR 27,444,458.31

Liabilities EUR 104,418,163.63

Other liabilities EUR 104,418,163.63

Trade creditors (for IAS incl. bills

of exchange) EUR 12,706,476.08

Liabilities from received advance

payments EUR 77,189,240.24

Liabililties due to related companiesEUR 3,247,977.78

Unspecified other liabilities EUR 11,274,469.53

thereof liabilities from tax /

financial authorities EUR 1,058,778.58

thereof liabilities from social

security EUR 260,105.00

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

Code (HGB)

Sales EUR 230,153,280.21

Inventory change + own costs (+/-) EUR 39,245,940.00

Inventory change (+/-) EUR 38,689,800.00

Capitalised own costs EUR 556,140.00

Other operating income EUR 1,878,409.92

Cost of materials EUR 172,135,034.24

Raw materials and supplies, purchased

goods EUR 134,418,392.43

Purchased services EUR 37,716,641.81

Gross result (+/-) EUR 99,142,595.89

Staff expenses EUR 75,126,851.06

Wages and salaries EUR 60,295,978.49

Social security contributions and

expenses for pension plans and

benefits EUR 14,830,872.57

Total depreciation EUR 4,729,362.64

Depreciation on tangible / intangible

asssets (incl. start-up and exp. of

bus. EUR 4,729,362.64

Other operating expenses EUR 32,869,129.11

Operating result from continuing

operations EUR -13,582,746.92

Interest result (+/-) EUR 1,990,214.46

Interest and similar income EUR 2,460,714.02

Interest and similar expenses EUR 470,499.56

Other financial result EUR -1,033,756.62

Income from securities and loans from

financial assets EUR 5,036.03

Depreciation on financial assets and

marketable securities EUR 1,038,792.65

Financial result (+/-) EUR 956,457.84

Result from ordinary operations (+/-) EUR -12,626,289.08

Income tax / refund of income tax (+/-)EUR 125,817.95

Tax (+/-) EUR 125,817.95

Annual surplus / annual deficit EUR -12,500,471.13