MIRA
INFORM REPORT
|
Report Date : |
02.12.2011 |
NOTE:
In the meantime there have been changes in particular in the
following areas subject to monitoring:
- Balance sheets
Your inquiry: Friatech AG Division
Rheinhütte Pumpen, Rheingaustr. 96-98, D 65203 Wiesbaden
The subject of your inquiry
is a branch. We are reporting on the headquarters.
Company name and address
FRIATEC Aktiengesellschaft
Company Status: active
Main address:
Steinzeugstr. 50
D 68229 Mannheim
Post Box:
71 02 61, D 68222 Mannheim
Telephone:0621/4860
Telefax: 0621/4861279
Homepage: www.friatec.de
E-mail: info@friatec.de
VAT no.
DE143876003
CONCLUSION
Business relations are permissible.
Registation data
LEGAL FORM Public
limited company
Date of foundation: 1890
Registered on: 11.08.1997
Commercial Register: Local court 68159 Mannheim
under: HRB 5275
Share capital
EUR 48,000,000.00
Shareholder
GPS Holding Germany GmbH
Steinzeugstr. 50
D 68229 Mannheim
Legal form: Private limited company
Share capital: EUR 26,000.00
Share:
100.000 %
Registered on: 17.02.1999
Reg. data: 68159 Mannheim, HRB 7930
Control and profit transfer agreement
Member of the
Board of Directors:
Klaus Ingo Wolf
D 68159 Mannheim
born: 22.08.1953
President of the
Supervisory Board:
Dr. Joachim Freiherr von Falkenhausen
Droysenstr. 34
D 22605 Hamburg
born: 08.06.1951
Profession: Solicitor
Marital status: unknown
Vice-president of
the Supervisory Board:
Yves Noiret
F - Cholet
born: 04.03.1950
Nationality: French
Representative of
the Employees within the Supervisory Board:
Klaus Weber
Bismarckstr. 12
D 68723 Oftersheim
born: 21.06.1949
Profession: Businessman
Marital status: married
Proxy:
Dr. Panagiotis Tsakiridis
D 69115 Heidelberg
born: 14.02.1949
Proxy:
Michael Amann
D 67227 Frankenthal
born: 28.04.1960
Proxy:
Dr. Ernst-Dieter Nikel
D 68723 Oftersheim
Proxy:
Veit Franz Katzer
D 69115 Heidelberg
born: 08.04.1968
Proxy:
Jürgen Schmitt
D 67098 Bad Dürkheim
born: 04.06.1964
Proxy:
Reinhard Grybowski
D 76131 Karlsruhe
born: 29.10.1958
Proxy:
Peter Joachim Bolleyer
Kirschblütenstr. 18
D 68542 Heddesheim
born: 28.04.1964
Profession: Businessman
Marital status: married
Proxy:
Andreas Hojenski
D 46045 Oberhausen
authorized to jointly represent the company
born: 16.06.1961
Proxy:
Markus Wilhelm
D 69488 Birkenau
authorized to jointly represent the company
born: 07.07.1962
Proxy:
Dr. Jürgen Weinerth
D 67454 Haßloch
authorized to jointly represent the company
born: 01.01.1968
Proxy:
Dieter Beck
D 68159 Mannheim
authorized to jointly represent the company
born: 12.08.1962
Proxy:
Martin Zenklusen
CH Rorbas
authorized to jointly represent the company
born: 11.05.1964
Nationality: Swiss
Further functions/participations of
Klaus Ingo Wolf
(Member of the Board of Directors)
Manager:
GPS Holding Germany GmbH
Steinzeugstr. 50
D 68229 Mannheim
Legal form: Private limited company
Share capital: EUR 26,000.00
Registered
on: 17.02.1999
Reg. data: 68159 Mannheim,
HRB 7930
COMPANY HISTORY
1890 - 18.10.1960 Friedrichsfeld AG Keramik- und
Kunststoffwerke
D
68229 Mannheim
Public limited company
18.10.1960 -
03.05.1990 Friedrichsfeld GmbH
D
68229 Mannheim
Private
limited company
03.05.1990 -
10.02.1993 Friatec Aktiengesellschaft
Keramik- und
Kunststoffwerke
D
68229 Mannheim
Public limited company
10.02.1993 - 2011 FRIATEC Aktiengesellschaft
Steinzeugstr. 50
D
68229 Mannheim
Public limited company
BUSINESS ACTIVITIES
Main industrial sector
2016 Manufacture of plastics in primary forms
Secondary industrial sector
96090 Other service activities n. e. c.
BRANCHES AND FACTORIES
Branch:
FRIATEC Aktiengesellschaft
Theodor-Jansen-Str.
D 66386 St. Ingbert
TEL.: 06894/593-0
Branch:
FRIATEC Aktiengesellschaft
Weststr. 1
D 06886 Lutherstadt Wittenberg
TEL.: 03491/615330
Branch:
FRIATEC Aktiengesellschaft
Rheingaustr. 96-98
D 65203 Wiesbaden
TEL.: 0611/6040
FAX.: 0611/604328
Branch:
FRIATEC Aktiengesellschaft
Am Wolfsgestell 3
D 56477 Rennerod
PARTICIPATIONS
General partner:
FRIATEC-Rheinhütte GmbH & Co. KG
Rheingaustr. 96-100
D 65203 Wiesbaden
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: dissolved
since: 15.08.2007
Total cap. EUR 11,197,292.20
contribution:
Reg. data: 16.02.1910
Local court 65185 Wiesbaden
HRA 344
Limited partner:
FRIATEC-Rheinhütte GmbH & Co. KG
Rheingaustr. 96-100
D 65203 Wiesbaden
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: dissolved
since: 15.08.2007
Total cap. EUR 11,197,292.20
contribution:
Share: EUR 11,197,292.20
Reg. data: 16.02.1910
Local court 65185 Wiesbaden
HRA 344
Shareholder:
FRIATEC - Rheinhütte Beteiligungs-GmbH
Rheingaustr. 96-100
D 65203 Wiesbaden
Legal form: Private limited company
Company Status: dissolved
since: 25.07.2007
Share capital: EUR 60,000.00
Share: EUR 60,000.00
Reg. data: 16.03.1971
Local court 65185 Wiesbaden
HRB 3030
Shareholder:
Frialit Grundstücksverwaltungsgesellschaft
mbH
Augustaanlage 33
D 68165 Mannheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 26,000.00
Share: EUR 26,000.00
Reg. data: 28.09.1977
Local court 68159 Mannheim
HRB 2265
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Steinzeugstr. 50
D
68229 Mannheim
Type of real estate:
administrative premises
Land register documents
were not available.
BANKERS
Principal bank
DEUTSCHE BANK, MANNHEIM
Sort. code: 67070010,
Account no.: 0105114, BIC: DEUTDESMXXX
Further banks
LANDESBANK
BADEN-WÜRTTEMBERG, MANNHEIM
Sort. code: 67050000,
Account no.: 7403054450, BIC: SOLADEST670
LANDESBANK
BADEN-WÜRTTEMBERG, STUTTGART
Sort. code: 60050000, BIC:
SOLADESTXXX
COMMERZBANK VORMALS
DRESDNER BANK, MANNHEIM
Sort. code: 67080050,
Account no.: 661071700, BIC: DRESDEFF670
COMMERZBANK, MANNHEIM
Sort. code: 67040031,
Account no.: 3000270, BIC: COBADEFF670
VR BANK RHEIN-NECKAR, MANNHEIM
Sort. code: 67090000,
Account no.: 1 680 005, BIC: GENODE61MA2
FINANCIAL FIGURES
Turnover: 2010 EUR 161,525,164.00
Profit: 2010 EUR 12,879,000.00
Equipment: EUR 6,476,023.00
Ac/ts receivable: EUR 79,797,274.00
Liabillities: EUR 11,475,084.00
Employees:
1,080
-
thereof permanent staff: 1,080
Control and profit transfer
agreement to:
GPS
Holding Germany GmbH
Steinzeugstr. 50
D
68229 Mannheim
BALANCE SHEETS
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 77.50
Liquidity ratio: 7.40
Return on total capital [%]: 10.35
Balance sheet grade: 1.3
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 76.66
Liquidity ratio: 9.15
Return on total capital [%]: 8.12
Balance sheet grade: 1.4
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 73.89
Liquidity
ratio: 5.62
Return on total capital [%]: 17.44
Balance sheet grade: 1.0
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 73.65
Liquidity ratio: 7.44
Return on total capital [%]: 17.19
Balance sheet grade: 1.0
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.
Balance sheet grade
The balance sheet grade is
based on the following ratios: equity
ratio, liquidity ratio and
return on total capital from the
balance sheets published in
the Federal Gazette.
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 142,133,376.75
Fixed assets
EUR 30,499,011.83
Intangible assets
EUR 779,865.00
Concessions, licences, rights EUR 614,715.00
Advance payments for intang. assets
EUR 165,150.00
Tangible assets
EUR 28,722,869.98
Land / similar rights
EUR 9,342,194.13
Plant / machinery
EUR 10,958,576.00
Other tangible assets / fixtures and
fittings
EUR 6,476,023.00
Advance payments made / construction
in progress EUR 1,946,076.85
Financial assets
EUR 996,276.85
Shares in participations /
subsidiaries and the like
EUR 983,515.00
Shares in related companies
EUR 983,515.00
Other loans
EUR 12,761.85
Current assets
EUR 111,303,564.14
Stocks
EUR 30,815,074.03
Raw materials, consumables and
supplies
EUR 10,324,756.83
Finished goods / work in progress
EUR 20,490,317.20
Accounts receivable
EUR 79,797,274.33
Trade debtors
EUR 9,545,911.55
Amounts due from related companies
EUR 63,549,330.62
Other debtors and assets
EUR 6,702,032.16
Liquid means
EUR 691,215.78
Remaining other assets
EUR 330,800.78
Accruals (assets)
EUR 330,800.78
LIABILITIES EUR 142,133,376.75
Shareholders' equity
EUR 110,234,110.63
Capital
EUR 48,000,000.00
Subscribed capital (share capital)
EUR 48,000,000.00
Reserves
EUR 62,234,110.63
Capital reserves
EUR 60,000,000.00
Retained earnings / revenue reserves EUR 2,234,110.63
Provisions
EUR 20,419,592.43
Pension provisions and comparable
provisions
EUR 6,598,569.00
Other / unspecified provisions
EUR 13,821,023.43
Liabilities
EUR 11,475,083.69
Other liabilities
EUR 11,475,083.69
Trade creditors (for IAS incl. bills
of exchange)
EUR 6,059,085.74
Liabilities from received advance
payments
EUR 372,685.86
Liabililties due to related companiesEUR 538,998.92
Unspecified other liabilities
EUR 4,504,313.17
Other liabilities
EUR 4,590.00
Deferrals (liabilities)
EUR 4,590.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 161,525,163.51
Inventory change + own costs (+/-)
EUR 3,460,830.83
Inventory change (+/-)
EUR 3,164,596.00
Capitalised own costs
EUR 296,234.83
Other operating income
EUR 6,128,561.54
Cost of materials
EUR 63,114,391.56
Raw materials and supplies, purchased
goods
EUR 58,550,277.45
Purchased services
EUR 4,564,114.11
Gross result (+/-)
EUR 108,000,164.32
Staff expenses
EUR 62,398,446.59
Wages and salaries
EUR 52,210,112.81
Social security contributions and
expenses
for pension plans and
benefits
EUR 10,188,333.78
Total depreciation
EUR 7,250,262.72
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 7,250,262.72
Other operating expenses
EUR 23,240,738.30
Operating result from continuing
operations
EUR 15,110,716.71
Result from participating interests
(+/-)
EUR 312,067.00
Expenses / income from participations EUR 312,067.00
Income from related companies
EUR 312,067.00
Interest result (+/-)
EUR -451,737.61
Interest and similar income
EUR 157,537.02
Interest and similar expenses
EUR 609,274.63
Financial result (+/-)
EUR -139,670.61
Result from ordinary operations (+/-)
EUR 14,971,046.10
Extraordinary income
EUR 174,445.00
Extraordinary expenses
EUR 1,962,876.00
Extraordinary result (+/-)
EUR -1,788,431.00
Expenses for transfer of profits to a
parent company
EUR 12,879,000.00
Income tax / refund of income tax (+/-)EUR -117,182.39
Other taxes / refund of taxes
EUR -186,432.71
Tax
(+/-) EUR
-303,615.10
Annual surplus / annual deficit
EUR 0.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 143,634,374.16
Fixed assets
EUR 33,352,047.58
Intangible assets
EUR 1,004,924.00
Concessions, licences, rights
EUR 964,774.00
Advance payments for intang. assets EUR
40,150.00
Tangible assets
EUR 31,350,386.55
Land / similar rights
EUR 10,330,430.13
Plant / machinery
EUR 12,359,592.00
Other tangible assets / fixtures and
fittings
EUR 7,986,783.00
Advance payments made / construction
in progress
EUR 673,581.42
Financial assets
EUR 996,737.03
Shares in participations /
subsidiaries and the like
EUR 983,515.00
Shares in related companies
EUR 983,515.00
Other loans
EUR 13,222.03
Current assets EUR 110,022,450.92
Stocks
EUR 25,715,067.66
Raw materials, consumables and
supplies
EUR 9,012,465.86
Finished goods / work in progress
EUR 16,702,601.80
Accounts receivable
EUR 83,837,773.93
Trade debtors
EUR 8,047,246.96
Amounts due from related companies
EUR 64,803,168.29
Other debtors and assets EUR 10,987,358.68
Liquid means
EUR 469,609.33
Remaining other assets
EUR 259,875.66
Accruals (assets)
EUR 259,875.66
LIABILITIES EUR 143,634,374.16
Shareholders' equity
EUR 110,234,110.63
Capital
EUR 48,000,000.00
Subscribed capital (share capital)
EUR 48,000,000.00
Reserves
EUR 62,234,110.63
Capital reserves
EUR 60,000,000.00
Retained earnings / revenue reserves EUR 2,234,110.63
Provisions
EUR 23,710,408.75
Pension provisions and comparable
provisions
EUR 9,471,751.00
Other / unspecified provisions
EUR 14,238,657.75
Liabilities
EUR 9,632,594.78
Other liabilities
EUR 9,632,594.78
Trade creditors (for IAS incl. bills
of exchange)
EUR 4,785,034.68
Liabilities from received advance
payments
EUR 384,035.45
Liabililties due to related companiesEUR 715,364.25
Unspecified other liabilities
EUR 3,748,160.40
Other liabilities
EUR 57,260.00
Deferrals (liabilities)
EUR 57,260.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 154,345,019.75
Inventory change + own costs (+/-)
EUR -5,210,096.30
Inventory change (+/-)
EUR -5,437,832.00
Capitalised own costs
EUR 227,735.70
Other operating income
EUR 6,765,457.85
Cost of materials
EUR 53,990,701.17
Raw materials and supplies, purchased
goods
EUR 51,038,435.19
Purchased services
EUR 2,952,265.98
Gross result (+/-)
EUR 101,909,680.13
Staff expenses EUR 61,618,619.73
Wages and salaries
EUR 50,743,239.29
Social security contributions and
expenses for pension plans and
benefits
EUR 10,875,380.44
Total depreciation
EUR 7,433,681.65
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 7,433,681.65
Other operating expenses
EUR 21,605,608.84
Operating result from continuing
operations
EUR 11,251,769.91
Result from participating interests
(+/-)
EUR 392,682.00
Expenses
/ income from participations EUR
392,682.00
Income from related companies
EUR 392,682.00
Interest result (+/-)
EUR 282,503.92
Interest and similar income
EUR 282,503.92
Financial result (+/-)
EUR 675,185.92
Result from ordinary operations (+/-)
EUR 11,926,955.83
Expenses for transfer of profits to a
parent company
EUR 11,620,000.00
Income tax / refund of income tax (+/-)EUR -141,460.88
Other taxes / refund of taxes
EUR -165,494.95
Tax
(+/-)
EUR -306,955.83
Annual surplus / annual deficit
EUR 0.00
MIRA
INFORM REPORT
|
Report Date : |
29.12.2010 |
IDENTIFICATION DETAILS
|
Name : |
FRIATEC AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Steinzeugstr. 50 D 68229 Mannheim Post Box 71 02 61, D 68222
Mannheim |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
11.08.1997 |
|
|
|
|
Com. Reg. No.: |
HRB 5275 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Manufacture of plastics in primary forms |
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 |
name and address
FRIATEC Aktiengesellschaft
Company Status: active
Main address:
Steinzeugstr. 50
D 68229 Mannheim
Post Box:
71 02 61, D 68222 Mannheim
Telephone:0621/4860
Telefax: 0621/4861279
Homepage: www.friatec.de
E-mail: info@friatec.de
VAT no.
DE143876003
CONCLUSION
Business relations are
permissible.
Registration data
LEGAL FORM Public
limited company
Date of foundation: 1890
Registered on: 11.08.1997
Commercial Register: Local court 68159 Mannheim
under: HRB 5275
Share capita
EUR 48.000.000,00
Shareholder
GPS Holding Germany GmbH
Steinzeugstr. 50
D 68229 Mannheim
Legal form: Private limited company
Share capital: EUR 26.000,00
Share:
100,000 %
Registered on: 17.02.1999
Reg. data: 68159 Mannheim, HRB 7930
Control and profit transfer agreement
Member of the Board of Directors
Klaus Ingo Wolf
D 68159 Mannheim
born: 22.08.1953
President of the Supervisory Board
Dr. Joachim Freiherr von Falkenhausen
Droysenstr. 34
D 22605 Hamburg
born: 1940
Profession: Solicitor
Marital status: unknown
Vice-president of
the Supervisory Board:
Yves Noiret
F - Cholet
born: 04.03.1950
Nationality: French
Representative of
the Employees within the Supervisory Board:
Klaus Weber
Bismarckstr. 12
D 68723 Oftersheim
born: 21.06.1949
Profession: Businessman
Marital status: married
Proxy
Dr. Panagiotis Tsakiridis
D 69115 Heidelberg
born: 14.02.1949
Proxy:
Michael Amann
D 67227 Frankenthal
born: 28.04.1960
Proxy:
Dr. Ernst-Dieter Nikel
D 68723 Oftersheim
Proxy:
Veit Franz Katzer
D 69115 Heidelberg
born: 08.04.1968
Proxy:
Jürgen Schmitt
D 67098 Bad Dürkheim
born: 04.06.1964
Proxy:
Reinhard Grybowski
D 76131 Karlsruhe
born: 29.10.1958
Proxy:
Thomas Reinhardt
D 65193 Wiesbaden
authorized to jointly represent the company
born: 06.01.1956
Proxy:
Peter Joachim Bolleyer
Kirschblütenstr. 18
D 68542 Heddesheim
born: 28.04.1964
Profession: Businessman
Marital status: married
Proxy:
Andreas Hojenski
D 46045 Oberhausen
authorized to jointly represent the company
born: 16.06.1961
Proxy:
Markus Wilhelm
D 69488 Birkenau
authorized to jointly represent the company
born: 07.07.1962
Proxy:
Dr. Jürgen Weinerth
D 67454 Haßloch
authorized to jointly represent the company
born: 01.01.1968
Proxy:
Dieter Beck
D 68159 Mannheim
authorized to jointly represent the company
born: 12.08.1962
Proxy:
Martin Zenklusen
CH Rorbas
authorized to jointly represent the company
born: 11.05.1964
Nationality: Swiss
Further functions/participations of
Klaus Ingo Wolf
(Member of the
Board of Directors)
Manager:
GPS Holding Germany GmbH
Steinzeugstr. 50
D 68229 Mannheim
Legal form: Private limited company
Share capital: EUR 26.000,00
Registered
on: 17.02.1999
Reg. data: 68159 Mannheim,
HRB 7930
COMPANY HISTORY
1890 - 18.10.1960 Friedrichsfeld
AG Keramik- und
Kunststoffwerke
D 68229 Mannheim
Public limited
company
18.10.1960 - 03.05.1990
Friedrichsfeld GmbH
D 68229 Mannheim
Private limited company
03.05.1990 - 10.02.1993
Friatec Aktiengesellschaft Keramik- und
Kunststoffwerke
D 68229 Mannheim
Public limited company
RESIGNED ACTING PERSONS AND SHAREHOLDERS
07.02.2007 -
12.06.2008 Member of the Board of
Directors
Hugo K. Flühr
D
68526 Ladenburg
BUSINESS ACTIVITIES
Sectors
2016 Manufacture of plastics in primary forms
96090 Other service
activities n. e. c.
BRANCHES AND FACTORIES
Branch:
Friatec Aktiengesellschaft Keramik- und
Kunststoffwerke
Theodor-Jansen-Str.
D 66386 St. Ingbert
TEL.: 06894/593-0
Branch:
FRIATEC Aktiengesellschaft
Zweigniederlassung Wittenberg
Weststr. 1
D 06886 Lutherstadt Wittenberg
TEL.: 03491/615330
Branch:
FRIATEC Aktiengesellschaft
Rheingaustr. 96-98
D 65203 Wiesbaden
TEL.: 0611/6040
Branch:
FRIATEC Aktiengesellschaft
Am Wolfsgestell 3
D 56477 Rennerod
PARTICIPATIONS
General partner:
FRIATEC-Rheinhütte GmbH & Co. KG
Rheingaustr. 96-100
D 65203 Wiesbaden
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: dissolved
since: 15.08.2007
Total cap. EUR 11.197.292,20
contribution:
Reg. data: 16.02.1910
Local court 65185 Wiesbaden
HRA 344
Limited partner:
FRIATEC-Rheinhütte GmbH & Co. KG
Rheingaustr. 96-100
D 65203 Wiesbaden
Legal form: Ltd partnership with priv. ltd.
company as general partner
Company Status: dissolved
since: 15.08.2007
Total cap. EUR 11.197.292,20
contribution:
Share: EUR 11.197.292,20
Reg. data: 16.02.1910
Local court 65185 Wiesbaden
HRA 344
Shareholder:
FRIATEC - Rheinhütte Beteiligungs-GmbH
Rheingaustr. 96-100
D 65203 Wiesbaden
Legal form: Private limited company
Company Status: dissolved
since: 25.07.2007
Share capital: EUR 60.000,00
Share: EUR 60.000,00
Reg. data: 16.03.1971
Local court 65185 Wiesbaden
HRB 3030
Shareholder:
Medical Communications Soft- und Hardware
GmbH
Werner-von-Siemens-Str. 2-6
D 76646 Bruchsal
Legal form: Private limited company
Company Status: active
Share capital: EUR 153.200,00
Share: EUR 29.550,00
Reg. data: 20.03.2000
Local court 68159 Mannheim
HRB 108940
Shareholder:
Frialit Grundstücksverwaltungsgesellschaft
mbH
Augustaanlage 33
D 68165 Mannheim
Legal form: Private limited company
Company Status: active
Share capital: EUR 26.000,00
Share: EUR 26.000,00
Reg. data: 28.09.1977
Local court 68159 Mannheim
HRB 2265
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: proprietor
Share: 100,00 %
Address Steinzeugstr. 50
D
68229 Mannheim
Type of real estate:
administrative premises
Land register documents
were not available.
BANKERS
Principal bank
DEUTSCHE BANK, MANNHEIM
Sort. code: 67070010,
Account no.: 0105114, BIC: DEUTDESMXXX
Further banks
LANDESBANK BADEN-WÜRTTEMBERG,
MANNHEIM
Sort. code: 67050000,
Account no.: 7403054450, BIC: SOLADEST670
LANDESBANK
BADEN-WÜRTTEMBERG, STUTTGART
Sort. code: 60050000, BIC:
SOLADESTXXX
COMMERZBANK VORMALS
DRESDNER BANK, MANNHEIM
Sort. code: 67080050,
Account no.: 661071700, BIC: DRESDEFF670
COMMERZBANK, MANNHEIM
Sort. code: 67040031,
Account no.: 3000270, BIC: COBADEFF670
VR BANK RHEIN-NECKAR,
MANNHEIM
Sort. code: 67090000,
Account no.: 1 680 005, BIC: GENODE61MA2
FINANCIAL FIGURES
Turnover: 2008 EUR 179.807.350,00
2009 EUR 179.807.400,00
2010 EUR 154.345.019,00
Profit: 2008 EUR 25.879.000,00
further business figures:
Employees:
1.080
-
Trainees:
17
Control and profit transfer
agreement to:
GPS
Holding Germany GmbH
Steinzeugstr. 50
D
68229 Mannheim
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 76,66
Liquidity ratio: 9,15
Return on total capital [%]: 8,12
Balance sheet ratios 2008
Equity ratio [%]: 73,89
Liquidity ratio: 5,62
Return on total capital [%]: 17,44
Balance sheet ratios 2007
Equity ratio [%]: 73,65
Liquidity ratio: 7,44
Return on total capital [%]: 17,19
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 143.634.374,16
Fixed assets
EUR 33.352.047,58
Intangible assets
EUR 1.004.924,00
Concessions, licences, rights
EUR 964.774,00
Advance payments for intang. assets
EUR 40.150,00
Tangible assets
EUR 31.350.386,55
Land / similar rights
EUR 10.330.430,13
Plant / machinery
EUR 12.359.592,00
Other tangible assets / fixtures and
fittings
EUR 7.986.783,00
Advance payments made / construction
in progress EUR 673.581,42
Financial assets
EUR 996.737,03
Shares in participations /
subsidiaries and the like
EUR 983.515,00
Shares in related companies
EUR 983.515,00
Other loans
EUR 13.222,03
Current assets
EUR 110.022.450,92
Stocks
EUR 25.715.067,66
Raw materials, consumables and
supplies EUR 9.012.465,86
Finished goods / work in progress
EUR 16.702.601,80
Accounts receivable
EUR 83.837.773,93
Trade debtors
EUR 8.047.246,96
Amounts due from related companies EUR
64.803.168,29
Other debtors and assets
EUR 10.987.358,68
Liquid means
EUR 469.609,33
Remaining other assets
EUR 259.875,66
Accruals (assets)
EUR 259.875,66
LI
Shareholders' equity
EUR 110.234.110,63
Capital
EUR 48.000.000,00
Subscribed capital (share capital)
EUR 48.000.000,00
Reserves
EUR 62.234.110,63
Capital reserves
EUR 60.000.000,00
Retained earnings / revenue reserves EUR 2.234.110,63
Provisions
EUR 23.710.408,75
Pension provisions and comparable
provisions
EUR 9.471.751,00
Other / unspecified provisions
EUR 14.238.657,75
Liabilities
EUR 9.632.594,78
Other liabilities
EUR 9.632.594,78
Trade creditors (for IAS incl. bills
of exchange)
EUR 4.785.034,68
Liabilities from received advance
payments
EUR 384.035,45
Liabililties due to related companiesEUR 715.364,25
Unspecified other liabilities
EUR 3.748.160,40
Other
liabilities EUR 57.260,00
Deferrals (liabilities)
EUR 57.260,00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 154.345.019,75
Inventory change + own costs (+/-)
EUR -5.210.096,30
Inventory change (+/-)
EUR -5.437.832,00
Capitalised own costs
EUR 227.735,70
Other operating income EUR 6.765.457,85
Cost of materials
EUR 53.990.701,17
Raw materials and supplies, purchased
goods
EUR 51.038.435,19
Purchased services
EUR 2.952.265,98
Gross result (+/-)
EUR 101.909.680,13
Staff expenses
EUR 61.618.619,73
Wages and salaries
EUR 50.743.239,29
Social security contributions and
expenses for pension plans and
benefits
EUR 10.875.380,44
Total depreciation
EUR 7.433.681,65
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 7.433.681,65
Other operating expenses
EUR 21.605.608,84
Operating result from continuing
operations
EUR 11.251.769,91
Result
from participating interests
(+/-)
EUR 392.682,00
Expenses / income from participations EUR 392.682,00
Income from related companies
EUR 392.682,00
Interest result (+/-)
EUR 282.503,92
Interest and similar income
EUR 282.503,92
Financial result (+/-)
EUR 675.185,92
Result from ordinary operations (+/-)
EUR 11.926.955,83
Expenses for transfer of profits to a
parent company
EUR 11.620.000,00
Income tax / refund of income tax (+/-)EUR -141.460,88
Other taxes / refund of taxes
EUR -165.494,95
Tax
(+/-) EUR -306.955,83
Annual surplus / annual deficit
EUR 0,00
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 148.986.895,54
Fixed assets
EUR 37.162.860,60
Intangible assets
EUR 1.181.429,00
Concessions, licences, rights
EUR 1.141.279,00
Advance payments for intang. assets
EUR 40.150,00
Tangible assets
EUR 34.984.234,41
Land / similar rights
EUR 10.836.448,58
Plant / machinery
EUR 11.928.940,00
Other tangible assets / fixtures and
fittings
EUR 8.763.489,00
Advance payments made / construction
in progress
EUR 3.455.356,83
Financial assets
EUR 997.197,19
Shares in participations /
subsidiaries and the like
EUR 983.515,00
Shares in related companies
EUR 983.515,00
Other loans
EUR 13.682,19
Current assets
EUR 111.473.829,61
Stocks
EUR 32.879.403,05
Raw materials, consumables and
supplies
EUR 10.605.568,21
Finished goods / work in progress
EUR 22.273.834,84
Accounts receivable
EUR 78.158.835,18
Trade debtors
EUR 7.733.036,19
Amounts due from related companies
EUR 58.520.574,03
Other debtors and assets
EUR 11.905.224,96
Liquid means
EUR 435.591,38
Remaining other assets
EUR 350.205,33
Accruals (assets)
EUR 350.205,33
LI
Shareholders' equity
EUR 110.234.110,63
Capital
EUR 48.000.000,00
Subscribed capital (share capital)
EUR 48.000.000,00
Reserves
EUR 62.234.110,63
Capital reserves
EUR 60.000.000,00
Retained earnings / revenue reserves EUR 2.234.110,63
Provisions
EUR 24.404.155,40
Pension provisions and comparable
provisions
EUR 9.760.423,00
Other / unspecified provisions
EUR 14.643.732,40
Liabilities
EUR 14.343.699,51
Other liabilities
EUR 14.343.699,51
Trade creditors (for IAS incl. bills
of exchange)
EUR 9.350.723,72
Liabilities from received advance
payments EUR 925.382,62
Liabililties due to related companiesEUR 773.453,54
Unspecified other liabilities
EUR 3.294.139,63
Other liabilities
EUR 4.930,00
Deferrals (liabilities)
EUR 4.930,00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 179.807.350,31
Inventory change + own costs (+/-)
EUR 2.661.067,42
Inventory change (+/-)
EUR 2.421.083,42
Capitalised own costs
EUR 239.984,00
Other operating income
EUR 7.575.334,00
Cost of materials
EUR 69.665.542,25
Raw materials and supplies, purchased
goods
EUR 64.420.740,35
Purchased services
EUR 5.244.801,90
Gross result (+/-)
EUR 120.378.209,48
Staff expenses
EUR 62.065.611,68
Wages and salaries
EUR 51.256.845,11
Social security contributions and
expenses for pension plans and
benefits
EUR 10.808.766,57
Total depreciation
EUR 7.632.470,60
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 7.632.470,60
Other operating expenses
EUR 27.278.952,89
Operating result from continuing
operations
EUR 23.401.174,31
Result from participating interests
(+/-)
EUR 351.158,00
Expenses
/ income from participations EUR
351.158,00
Income from related companies
EUR 351.158,00
Interest result (+/-)
EUR 2.295.043,45
Interest and similar income
EUR 2.295.151,18
Interest and similar expenses
EUR 107,73
Financial result (+/-)
EUR 2.646.201,45
Result from ordinary operations (+/-)
EUR 26.047.375,76
Expenses for transfer of profits to a
parent company
EUR 25.879.000,00
Income tax / refund of income tax (+/-)EUR 721,66
Other taxes / refund of taxes
EUR -169.097,42
Tax
(+/-)
EUR -168.375,76
Annual surplus / annual deficit
EUR 0,00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.65 |
|
|
1 |
Rs.81.06 |
|
Euro |
1 |
Rs.69.51 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.