MIRA
INFORM REPORT
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Report Date : |
03.12.2011 |
IDENTIFICATION DETAILS
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Name : |
PLANTIN |
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Registered Office : |
La Rolande Courthezon, 84350 |
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Country : |
France |
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Financials (as on) : |
31.08.2010 |
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Date of Incorporation : |
15.01.1956 |
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Com. Reg. No.: |
562620070 |
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Legal Form : |
Private Independent |
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Line of Business : |
Manufacture of pesticides and other agro-chemical products |
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No. of Employees : |
1 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 – September 30, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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France |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and
address
Plantin
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Business
Description
|
Plantin is primarily engaged in manufacture of insecticides,
rodenticides, fungicides, herbicides; manufacture of anti-sprouting products,
plant growth regulators; manufacture of disinfectants; and manufacture of
other agro-chemical products not elsewhere classified. |
Industry
|
Industry |
Chemical Manufacturing |
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ANZSIC 2006: |
1832 - Pesticide Manufacturing |
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NACE 2002: |
2420 - Manufacture of pesticides and other
agro-chemical products |
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NAICS 2002: |
3253 - Pesticide, Fertilizer, and Other
Agricultural Chemical Manufacturing |
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UK SIC 2003: |
2420 - Manufacture of pesticides and other
agro-chemical products |
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US SIC 1987: |
2873 - Nitrogenous Fertilizers |
Key Executives
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News
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.733854
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.786813
Corporate Overview
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Executives Report
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Suzuki to build
automobile plant in Vietnam
Vietnam News Agency: 15 November 2011
[What follows is the full text of the news story.]
November 16, 2011 (VNA)
-- Suzuki Motor Corp, one of Japan�s leading automobile and
motorbikemanufacturers said on Nov. 16 that it will build a new automobile
plantin Vietnam.
The new plant will
be located inthe southern province of Dong Nai . It will have a total investmentof
1 billion JPY (about 13 million USD). It is expected to meet thegrowing demand
for autos in the Vietnamese market.
The plant is
scheduled to be put into operation by 2013 with an initialproduction capacity
of 5,000 units per year, which will be increasedgradually in the following
years.
Suzuki Motor
hasproduced motorcycles and automobiles in Vietnam since 1993. Atpresent, it
turns out about 3,000 cars per year.
(THROUGH ASIA
PULSE)
16-11 2011
Overwintering container
plants is a challenge, but worth trying
Postmedia News: 18 October 2011
[What follows is the full text of the news story.]
Q: We have planted
three beautiful cedars in pots to divide our outdoor kitchen from the outdoor
living room. We enjoyed them all summer long. With winter right around the
corner we keep wondering what we can do to ensure they survive the winter.
A: Ah, the age-old
question. how to get potted plants to survive the Alberta winter. Plants that
are hardy for our area will have a hard time making it through the winter in a
container, as the roots are subjected to damaging freeze-thaw cycles.
To overwinter
containerized plants, protect the container with an insulator such as home
insulation. Wrap the pot with the insulation, making sure you insulate the
bottom as well. This will help protect against freezing and thawing. An
unheated garage is a great place to overwinter containerized plants, as it
protects them from winds. If you have to overwinter outdoors, keep plant in a
shady location, which reduces the chances of thawing and freezing.
Another problem
with trying to overwinter containers is the moisture factor. The soil should
have some moisture in it to keep the roots from drying out completely and yet
too much moisture can create problems with ceramic or terra cotta pots. The
expansion as the water freezes can crack non-plastic containers and even some
plastic ones.
Overwintering is
at best a gamble, but if you're prepared to do the work, you can improve the
odds considerably.
Q: I recently
bought a plant at a local store. I have now noticed tiny black flies in the
house. What are your thoughts about these little flies and where they are
coming from? Are you aware of any products that I can use to correct this
problem and rid my house permanently of these little pests? As always, I am so
glad that you are there for the great advice.
A: I believe the
problem you are describing might be fungus gnats. The good news is that fungus
gnats seldom cause much damage to plants. It is the larva that does the feeding
and it concentrates on feeding on fungi and organic matter in the soil. It is
only when their numbers get high enough that they may feed on the root hairs.
If this happens you will notice a reduced vigour in the plant itself.
Permethrins are
one of the chemicals that are effective against fungus gnats. The key to
controlling these annoying little things is to spray the soil and not the
leaves. There really is no need to spray the leaves since the adult gnats are
not feeding on the leaves. Look for an insecticide with permethrin, spray
directly on the soil and work it in a little.
The key to
permanently eradicating this problem is patience. You will need to spray
regularly to get all of the hatchings. Spraying every seventh day for four to
five weeks is recommended.
Gerald Filipski is
a member of the Garden Writers Association of America. Email your questions to
filipski@shaw.ca. He is the author of Just Ask Jerry, available at local
bookshops, garden centres and online at chapters.ca.
Edmonton Journal
Annual Profit & Loss
|
|
31-Aug-2010 |
31-Aug-2009 |
31-Aug-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.733854 |
0.740447 |
0.668294 |
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Consolidated |
No |
No |
No |
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Total income |
14.1 |
16.0 |
18.5 |
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Net sales |
14.0 |
16.5 |
18.2 |
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Change in stock |
0.2 |
2.3 |
- |
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Unfinished work in progress |
0.0 |
- |
0.3 |
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Supplementary operating income |
0.2 |
0.0 |
0.0 |
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Other external charges |
2.2 |
2.1 |
2.3 |
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Cost of goods sold |
8.5 |
8.2 |
14.9 |
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Taxes and social security costs |
0.2 |
0.3 |
0.3 |
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Social charges |
0.7 |
0.6 |
0.7 |
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Total payroll costs |
1.7 |
1.6 |
1.8 |
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Fixed asset depreciation and amortisation |
0.3 |
0.3 |
0.3 |
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Other operating costs |
0.1 |
- |
- |
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Total operating costs |
13.9 |
15.5 |
17.9 |
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Net operating income |
0.2 |
0.6 |
0.6 |
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Total financial income |
0.0 |
0.0 |
0.0 |
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Interest payable on loans |
0.0 |
0.1 |
0.1 |
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Other expenses |
- |
- |
0.1 |
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Total expenses |
0.0 |
0.1 |
0.1 |
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Profit before tax |
0.2 |
0.5 |
0.5 |
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Extraordinary income |
0.0 |
0.0 |
0.1 |
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Extraordinary expenses |
- |
0.0 |
0.0 |
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Extraordinary result |
0.0 |
0.0 |
0.0 |
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Total taxation |
0.1 |
0.2 |
0.2 |
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Net profit |
0.1 |
0.3 |
0.3 |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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|
31-Aug-2010 |
31-Aug-2009 |
31-Aug-2008 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.786813 |
0.69684 |
0.679232 |
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Consolidated |
No |
No |
No |
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Issued capital |
1.3 |
1.4 |
1.5 |
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Total reserves |
0.2 |
0.2 |
0.2 |
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Profits for the year |
0.1 |
0.3 |
0.3 |
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Profit brought forward from previous year(s) |
1.4 |
1.4 |
1.2 |
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Total stockholders equity |
3.1 |
3.4 |
3.2 |
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Provisions and allowances |
- |
0.0 |
0.0 |
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Trade creditors |
2.4 |
2.0 |
6.2 |
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Advances received |
0.0 |
0.0 |
0.0 |
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Bank loans and overdrafts |
0.3 |
0.2 |
1.3 |
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Current bank debts |
- |
- |
0.9 |
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Other loans |
0.0 |
0.0 |
0.0 |
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Other liabilities |
1.0 |
0.9 |
1.0 |
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Taxation and social security |
0.4 |
0.4 |
0.5 |
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Total current liabilities |
- |
3.5 |
8.9 |
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Total debts |
4.1 |
3.5 |
9.1 |
|
Total liabilities (including net worth) |
7.2 |
6.9 |
12.3 |
|
Patents |
0.0 |
0.0 |
0.0 |
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Goodwill |
0.0 |
0.0 |
- |
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Land |
0.2 |
0.2 |
0.2 |
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Buildings |
0.6 |
0.4 |
0.4 |
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Other fixed assets |
0.6 |
0.8 |
1.0 |
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Long-term investments |
0.0 |
0.0 |
0.0 |
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Other financial assets |
0.0 |
0.0 |
0.0 |
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Total non-current assets |
1.3 |
1.4 |
1.7 |
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Prepayments |
0.0 |
0.0 |
0.0 |
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Net stocks and work in progress |
1.5 |
1.9 |
4.9 |
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Trade debtors |
2.2 |
1.7 |
3.8 |
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Other receivables |
0.2 |
0.1 |
0.1 |
|
Cash and liquid assets |
2.0 |
1.8 |
1.8 |
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Total current assets |
5.9 |
5.5 |
10.6 |
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Total assets |
7.2 |
6.9 |
12.3 |
|
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Annual Ratios |
|
Financials in:
USD (mil) |
|
|
|
|
|
31-Aug-2010 |
31-Aug-2009 |
31-Aug-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.786813 |
0.69684 |
0.679232 |
|
Consolidated |
No |
No |
No |
|
|
|
|
|
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Current ratio |
- |
1.60 |
1.20 |
|
Quick ratio |
- |
1.00 |
0.60 |
|
Total liabilities to net worth |
1.35% |
1.05% |
2.88% |
|
Net worth to total assets |
0.43% |
0.49% |
0.26% |
|
Collection period |
51.10 |
29.70 |
63.90 |
|
Stock turnover rate |
8.60 |
9.30 |
3.70 |
|
Asset turnover |
1.81% |
2.53% |
1.46% |
|
Profit margin |
0.02% |
0.03% |
0.03% |
|
Return on assets |
0.03% |
0.07% |
0.04% |
|
Shareholders' return |
0.07% |
0.15% |
0.14% |
|
Sales per employee |
67,178.12 |
2,219.44 |
2,159.14 |
|
Profit per employee |
1,055.74 |
63.64 |
53.46 |
|
Average wage per employee |
8,380.28 |
217.95 |
213.56 |
|
Net worth |
3.1 |
3.4 |
3.2 |
|
Number of employees |
1 |
36 |
37 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.35 |
|
|
1 |
Rs.80.50 |
|
Euro |
1 |
Rs.69.14 |
RATING EXPLANATIONS
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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.