MIRA INFORM REPORT
|
Report Date : |
20.12.2011 |
IDENTIFICATION DETAILS
|
Name : |
SIEMENS
ENTERPRISE COMMUNICATIONS - TECNOLOGIA DA INFORMAÇÃO E COMUNICAÇÕES
CORPORATIVAS LTDA |
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Registered Office : |
Rua Pedro Gusso, 2635 Bloco 1 Pavmto2 – Cic, Zip Code 81.310-900 -
Curitiba/Pr |
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Country : |
Brazil |
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Financials (as on) : |
31.12.2008 |
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Date of Incorporation : |
18.10.1991 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacture and assembly, projecting, development, consultancy,
rendering of services, sale, rental, import, export of storage systems,
recovery and manipulation of document image from data recorded on discs and
tapes or the like, data transmission systems, being also able to carry out
activities of management holding companies |
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No. of Employees
: |
1150 Persons |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Maximum Credit Limit : |
USD 5.000.000,00 |
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Status : |
Moderate |
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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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Brazil |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
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 |
|
Off-credit |
D |
Company name
SIEMENS ENTERPRISE
COMMUNICATIONS - TECNOLOGIA DA INFORMAÇÃO E COMUNICAÇÕES CORPORATIVAS LTDA
company ADDRESSES
|
MAIN ADDRESS: |
RUA PEDRO GUSSO, 2635 BLOCO 1 PAVMTO2 - CIC |
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ZIP CODE/CITY: |
81.310-900 - CURITIBA/PR |
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PHONE: |
41 3341-5252 |
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FAX: |
41 3341-5252 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
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ADDRESS: |
RUA PEDRO GUSSO, 2635 CIDADE INDUSTRTIAL |
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ZIP CODE/CITY: |
81310-900 CURITIBA/PR |
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CNPJ: |
670.710.010-00 |
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ADDRESS: |
AVENIDA DAS AMÉRICAS, 3434 7°. ANDAR, PARTE - BARRA DA TIJUCA |
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ZIP CODE/CITY: |
22640-102 RIO DE JANEIRO/RJ |
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CNPJ: |
67.071.001/0005-21 |
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ADDRESS: |
AVENIDA DR. JOSÉ BONIFÁCIO COUTINHO NOGUEIRA,150 PARTE DOS CJS 701 E
703 - JARDIM MADALENA |
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ZIP CODE/CITY: |
13091-005 CAMPINAS/SP |
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CNPJ: |
67.071.001/0006-02 |
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ADDRESS: |
AVENIDA MASCARENHAS DE MORAIS,4861 1°. ANDAR - IMBIRIBEIRA |
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ZIP CODE/CITY: |
51150-002 RECIFE/PE |
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CNPJ: |
67.071.001/0007-93 |
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ADDRESS: |
AVENIDA SOLEDADE,550 CJ 202, PARTE - TRÊS FIGUEIRAS |
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ZIP CODE/CITY: |
90470-340 PORTO ALEGRE/RS |
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CNPJ: |
67.071.001/0008-74 |
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ADDRESS: |
RUA DR. JOSE LOURENÇO,870 SALA 307 - ALDEOTA |
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ZIP CODE/CITY: |
60115-280 FORTALEZA/CE |
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CNPJ: |
67.071.001/0009-55 |
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ADDRESS: |
RUA PEDRO GUSSO,943 ALA B - CIDADE INDUSTRIAL |
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ZIP CODE/CITY: |
81310-900 CURITIBA/PR |
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CNPJ: |
67.071.001/0004-40 |
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ADDRESS: |
AVENIDA CONTORNO,5919 3º ANDAR, SALA 301 - FUNCIONÁRIOS |
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ZIP CODE/CITY: |
30110-927 BELO HORIZONTE/MG |
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ADDRESS: |
ALAMEDA DR. CARLOS DE CARVALHO,555 AND. 19 |
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ZIP CODE/CITY: |
80430-180 CURITIBA/PR |
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PHONE: |
41 3360-1100 |
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FAX: |
41 3341-5093 |
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CNPJ: |
670710010 |
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ADDRESS: |
RUA WERNER SIEMNS,111 |
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ZIP CODE/CITY: |
05069-900 SÃO PAULO/SP |
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PHONE: |
11 3817-2782 |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE AND ASSEMBLY, PROJECTING,
DEVELOPMENT, CONSULTANCY, RENDERING OF SERVICES, SALE, RENTAL, IMPORT, EXPORT
OF STORAGE SYSTEMS, RECOVERY AND MANIPULATION OF DOCUMENT IMAGE FROM DATA
RECORDED ON DISCS AND TAPES OR THE LIKE, DATA TRANSMISSION SYSTEMS, BEING
ALSO ABLE TO CARRY OUT ACTIVITIES OF MANAGEMENT HOLDING COMPANIES. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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|
|
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INCORPORATION DATE: |
18/10/1991 |
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REGISTER DATE: |
18/10/1991 |
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BALANCE SHEET FILING DATE: |
30/09 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
67.071.001/0001-06 |
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STATE REGISTER: |
113.358.610.116 |
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|
|
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SHARE CAPITAL: |
R$
211.417.916,00 |
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BOARD OF
DIRECTORS: |
|
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|
|
HUMBERTO CAGNO FILHO |
DIRECTOR |
|
NELSI FRANCISCO STRELOW |
DIRECTOR |
|
BALDOINO SENS NETO |
DIRECTOR |
|
ROBERTO SANTOS DE ARAUJO |
DIRECTOR |
AUTHORIZED USE OF SIGNATURE
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
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|
|
|
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ENTERPRISE NETWORKS AUSTRIA HOLDING GMBH |
R$
211.417.815,00 |
|
EN GERMANY HOLDINGS B.V. |
R$ 1,00 |
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AFFILIATES /
SUBSIDIARIES: |
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|
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SIEMENS SERVIÇOS TÉCNICOS LTDA |
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|
SIEMENS FINANCIAL SERVICES (GERMANY) |
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SIEMENS HOME & OFFICE EQUIPAMENTOS DE COMUNICAÇÃO LTDA. |
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SIEMENS SECURITY SERVICES LTDA. |
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IRIEL INDÚSTRIA E COMÉRCIO DE SISTEMAS ELÉTRICOS LTDA. |
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CHEMTECH SERVIÇOS DE ENGENHARIA E SOFTWARE LTDA. |
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TURBOCARE SERVIÇOS PARA TURBOMÁQUINAS LTDA. |
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SIEMENS WATER TECHNOLOGIES EQUIPAMENTOS LTDA. |
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TRENCH DO BRASIL LTDA. |
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SIEMENS VDO AUTOMOTIVE LTDA. |
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SIEMENS VDO IND. E COM. DE PEÇAS DE REPOSIÇÃO AUTOMOTIVAS LT |
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SIEMENS VDO AUTOMOTIVE IND. E COM. LTDA. |
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SIEMENS VAI METALS TECHNOLOGIES LTDA. |
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VOEST ALPINE INDUSTRIAL SERVICES LTDA. |
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VAISBASA S.A |
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DPC MEDLAB PRODUTOS MÉDICO HOSPITALARES LTDA. |
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DPC MEDLAB PRODUTOS DIAGNÓSTICOS LTDA. |
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VOEST ALPINE INDÚSTRIA LTDA. |
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SIEMENS MEDICAL SOLUTIONS COMÉRCIO DE PRODUTOS DIAGNÓSTICOS |
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VAI-INGDESI AUTOMATION LTDA. |
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UNIGRAPHICS SOLUTIONS DO BRASIL LTDA. |
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BSH CONTINENTAL ELETRODOMÉSTICOS (JOINT VENTURE) |
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A CVL - COMPONENTES DE VIDRO LTDA (JOINT VENTURE) |
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VOITH SIEMENS HYDRO POWER GENERATION LTDA. (JOINT VENTURE) |
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COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON OCTOBER 18, 1991 AS DFV
TELECOMUNICAÇÕES E INFORMATICA S/A TO BE ENGAGED IN THE SAID LINE OF
BUSINESS. ON SEPTEMBER 12, 2005 IT ALTERED TO DFV TELECOMUNICAÇÕES E
INFORMATICA LTDA. ON OCTOBER 01, 2006 IT ADOPTED THE ABOVE-MENTIONED NAME AND
UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. ON OCTOBER 30, 2006 SIEMENS LTDA., CNPJ 44.013.159/0001-16 MADE A
SPIN-OFF BY WHICH ITS ASSETS AND LIABILITIES OF "ENTERPRISE" AND
"COMMUNICATIONS" DIVISIONS WHICH WERE OPERATED BY THE UNIT AT
CURITIBA/PR. ALL THESE ASSETS AND LIABILITES WERE TRANSFERED TO DFV
TELECOMUNICAÇÕES E INFORMATICA LTDA, WHICH AFTER SUCH PROCESS ADOPTED THE
ABOVE MENTIONED NAME. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. ELCIO, FINANCIAL
DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION
UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED. IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF
THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER
INFORMATION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
|
PUBLIC RECORDS
INFORMATION: |
|
PROTESTS: |
|
2 PROTESTS,TOTAL AMOUNT R$
5.780,37 |
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DETAILS OF LATEST PROTESTS: |
|
NOTARY OFFICE: |
DATE: |
VALUE: |
|
3º CARTORIO |
05/07/2011 |
R$ 620,05 |
|
3º CARTORIO DE CURITIBA/SP |
03/11/2011 |
R$ 5.160,32 |
FINANCIAL INFORMATION
|
DUE TO THE SUBJECT’S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE
BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY
DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION. OUTSIDE SOURCES CONTACTED SHOWED THE FOLLOWING FINANCIAL DATA ABOUT
THIS COMPANY. NO MORE UPDATE OR COMPLETE IS AVAILABLE. |
|
GENERAL BALANCE SHEETS AS OF 31/12/2008 AND 31/12/2007. |
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( FIGURES ARE IN THOUSANDS OF REAIS ). |
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ASSETS |
|
|
|
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CURRENT: |
31/12/2008 |
31/12/2007 |
|
|
|
|
|
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CASH AND CASH EQUIVALENTS |
61.487 |
92.695 |
|
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CLIENTS |
93.907 |
100.356 |
|
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INVENTORY |
66.552 |
66.406 |
|
|
INTERCOMPANY CREDITS |
12.443 |
21.749 |
|
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RECOVERABLE TAXES |
33.573 |
32.075 |
|
|
OTHER CREDITS |
6.666 |
516 |
|
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DEFERRED TAXES |
12.815 |
4.923 |
|
|
ADVANCES |
|
3.837 |
|
|
|
---------------- |
---------------- |
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|
TOTAL CURRENT ASSETS |
287.443 |
322.557 |
|
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
DEFERRED TAXES |
6.853 |
14.048 |
|
|
ADVANCES |
|
164 |
|
|
RECOVERABLE TAXES |
171 |
|
|
|
|
---------------- |
---------------- |
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TOTAL LONG-TERM RECEIVABLES |
7.024 |
14.212 |
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
FIXED ASSETS |
104.787 |
120.330 |
|
|
|
---------------- |
---------------- |
|
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TOTAL FIXED ASSETS |
104.787 |
120.330 |
|
|
|
================ |
================ |
|
|
TOTAL ASSETS |
399.254 |
457.099 |
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2008 |
31/12/2007 |
|
|
|
|
|
|
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SUPPLIERS |
47.674 |
31.559 |
|
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LOANS AND FINANCING |
20.896 |
66.308 |
|
|
TAXES & CONTRIBUTIONS |
12.708 |
11.979 |
|
|
SALARY, TAXES & CONTRIB. |
36.511 |
3.879 |
|
|
INTERCOMPANY DEBTS |
6.376 |
8.454 |
|
|
PROVISION FOR CONTINGENCIES |
|
1.674 |
|
|
PROVISIONS |
|
39.674 |
|
|
ADVANCES |
11.059 |
17.125 |
|
|
OTHER DEBTS |
26.699 |
36.759 |
|
|
|
---------------- |
---------------- |
|
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TOTAL CURRENT LIABILITIES |
161.923 |
217.411 |
|
|
LONG TERM
LIABILITIES: |
|
|
|
|
|
|
|
|
|
PROVISION FOR CONTINGENCIES |
2.349 |
7.906 |
|
|
PROVISIONS |
17.475 |
27.140 |
|
|
OTHER |
|
2.390 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL LONG TERM LIABILITIES |
19.824 |
37.436 |
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
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SHARE CAPITAL |
211.417 |
172.917 |
|
|
ACCRUED PROFIT (LOSS) |
6.089 |
|
|
|
PROFIT (LOSS) OF PERIOD |
|
29.334 |
|
|
|
---------------- |
---------------- |
|
|
TOTAL NET EQUITY |
217.506 |
202.251 |
|
|
|
================ |
================ |
|
|
TOTAL LIABILITIES |
399.253 |
457.098 |
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2008 AND 31/12/2007. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/12/2008 |
31/12/2007 |
|
|
|
|
|
|
|
GROSS SALES |
784.503 |
746.345 |
|
|
(-) TAXES ON SALES |
124.914 |
125.039 |
|
|
|
---------------- |
---------------- |
|
|
NET SALES |
659.589 |
621.306 |
|
|
(-) COST OF SOLD GOODS |
487.794 |
470.553 |
|
|
|
---------------- |
---------------- |
|
|
GROSS PROFIT |
171.795 |
150.753 |
|
|
OPERATING REVENUE (EXPENSE) |
-133.483 |
-105.173 |
|
|
FINANCIAL REVENUE(EXPENSE) |
10.033 |
3.520 |
|
|
|
---------------- |
---------------- |
|
|
OPERATIONAL PROFIT (LOSS) |
48.345 |
49.100 |
|
|
NON-OPERATING RESULT |
4.001 |
-146 |
|
|
CONTRIBUTION/INCOME TAX |
-8.092 |
-19.620 |
|
|
|
---------------- |
---------------- |
|
|
NET PROFIT (LOSS) |
44.254 |
29.334 |
|
|
RATIOS: |
31/12/2008 |
31/12/2007 |
|
|
QUICK RATIO |
1,36 |
|
1,18 |
|
|
|
|
CURRENT RATIO |
1,78 |
|
1,48 |
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7,02 |
TIMES |
6,19 |
TIMES |
|
|
|
DAYS' SALES IN RECEIVABLES |
51,25 |
DAYS |
58,15 |
DAYS |
|
|
|
INVENTORY TURNOVER |
7,33 |
TIMES |
7,09 |
TIMES |
|
|
|
ACCOUNTS PAYABLE PERIOD |
35,18 |
DAYS |
24,14 |
DAYS |
|
|
|
RETURN ON ASSETS |
1,65 |
TIMES |
1,36 |
TIMES |
|
|
|
SALES TURNOVER ON NET EQUITY |
3,03 |
TIMES |
3,07 |
TIMES |
|
|
|
NET WORTH TIE-UP |
,48 |
|
,60 |
|
|
|
|
INDEBTEDNESS |
,84 |
|
1,26 |
|
|
|
|
EQUITY RATIO |
54,48 |
% |
44,25 |
% |
|
|
|
WORKING CAPITAL RATIO |
77,52 |
% |
48,36 |
% |
|
|
|
GENERAL SOLVENCY |
2,20 |
|
1,79 |
|
|
|
|
RETURN ON NET EQUITY |
20,35 |
% |
14,50 |
% |
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
6,71 |
% |
4,72 |
% |
|
|
|
GROSS PROFIT MARGIN |
26,05 |
% |
24,26 |
% |
|
|
|
OPERATIONAL RESULT |
7,33 |
% |
7,90 |
% |
|
|
|
SALES TURNOVER ON LIABILITIES |
4,07 |
TIMES |
2,86 |
TIMES |
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,84 |
- OFFICIAL RATE ON 16/12/2011 |
|
US$ 1,00 = R$ 2,33 |
- OFFICIAL RATE ON 31/12/2008 |
|
US$ 1,00 = R$ 1,77 |
- OFFICIAL RATE ON 31/12/2007 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A GOOD FINANCIAL STANDING. IT SHOWS GOOD
LIQUIDITY RATIOS AND POSITIVE WORKING CAPITAL, AS WELL AS LOW LEVEL OF
INDEBTEDNESS. IT ALSOS SHOWS GROWING SALES AND PROFITABILITY. |
|
REAL ESTATE: |
NOT AVAILABLE
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
THE SUBJECT IS SAID TO HOLD INSURANCE POLICIES BUT DETAILS WERE NOT
DISCLOSED. |
BANKING REFERENCES
|
|
|
|
|
NOT AVAILABLE |
|
|
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW
PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
ACTIVITIES COMMENTS
|
THE SUBJECT IS ENGAGED IN THE MANUFACTURE AND ASSEMBLY, PROJECTING,
DEVELOPMENT, CONSULTANCY, RENDERING OF SERVICES, SALE, RENTAL, IMPORT, EXPORT
OF STORAGE SYSTEMS, RECOVERY AND MANIPULATION OF DOCUMENT IMAGE FROM DATA
RECORDED ON DISCS AND TAPES OR THE LIKE, DATA TRANSMISSION SYSTEMS, BEING
ALSO ABLE TO CARRY OUT ACTIVITIES OF MANAGEMENT HOLDING COMPANIES. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
NOT AVAILABLE |
EXPORTS TO:
|
NOT AVAILABLE |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
NOT AVAILABLE |
|
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 1150 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED SUBSIDIARY OF THE SIEMENS GROUP,
WHICH IS ONE OF THE LARGEST COMPANIES IN ITS LINES OF BUSINESSES. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE
SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS
ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED. THE PROTESTS FOUND ARE CONSIDERED IRRELEVANT. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
|
|
NOT AVAILABLE |
|
|
|
PAYMENT HISTORY: |
|
14 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 643.048,00 |
|
|
|
AMOUNT OF INVOICES PAID: 103 |
|
TOTAL OF PROMPT PAYMENTS: 95,7% |
|
TOTAL OF DELAYED PAYMENTS: 4,3% |
|
|
|
HIGHEST INVOICE: R$ 88.972,00 |
|
HIGHEST CREDIT: R$ 88.972,00 |
FINAL OPINION
|
THE SUBJECT IS A WELL-ESTABLISHED SUBSIDIARY OF THE SIEMENS GROUP,
WHICH IS ONE OF THE LARGEST GROUPS IN ITS LINES OF BUSINESSES. UP TO DATE IT
HAS GOOD FINANCIAL STANDING, A CLEAR TRADE HISTORY AND NO ADVERSE INFORMATION
IS NOTED. BASED ON THE OVERALL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S SIZE AND FINANCIAL STRENGTH. AN INITIAL CREDIT LIMIT OF USD 5.000.000,00 MAY BE CONSIDERED. HIGHER
AMOUNTS CAN BE GRANTED DEPENDING ON THE IMPORTANCE OF THE OPERATIONS TO BE
ESTABLISHED WITH THE SUBJECT. |
SIEMENS ENTERPRISE COMMUNICATIONS - TECNOLOGIA DA INFORMAÇÃO E COMUNICAÇÕES CORPORATIVAS LTDA
|
BALANCE SHEET ANALYSIS |
FIGURES ARE IN THOUSANDS
OF REAIS |
|
||
|
|
31-12-08 |
|
31-12-07 |
|
|
ASSETS |
|
% |
|
% |
|
Current Assets |
72.00 |
$ 322,557 |
70.57 |
|
|
Fixed Assets |
$ 104,787 |
26.25 |
$ 120,330 |
26.32 |
|
TOTAL ASSETS |
$ 399,254 |
100.00 |
$ 457,099 |
100.00 |
|
LIABILITIES |
|
|
|
|
|
Current Liabilities |
$ 161,923 |
40.56 |
$ 217,411 |
47.56 |
|
Long-Term Liabilities |
$ 19,824 |
4.97 |
$ 37,436 |
8.19 |
|
TOTAL LIABILITIES |
$ 181,747 |
45.52 |
$ 254,847 |
55.75 |
|
Deferred Income |
$ - |
0.00 |
$ - |
0.00 |
|
Net Equity |
$ 217,506 |
54.48 |
$ 202,251 |
44.25 |
|
TOTAL LIABILITIES + NET EQUITY |
$ 399,253 |
100.00 |
$ 457,098 |
100.00 |
|
PROFIT AND LOSS ACCOUNTS |
|
|
|
|
|
Net Sales |
$ 659,589 |
100.00 |
$ 621,306 |
100.00 |
|
Costs |
$ 487,794 |
73.95 |
$ 470,553 |
75.74 |
|
Gross Profit |
$ 171,795 |
26.05 |
$ 150,753 |
24.26 |
|
Operating expenses |
$ (133,483) |
-20.24 |
$ (105,173) |
-16.93 |
|
operational Result |
$ 48,345 |
7.33 |
$ 49,100 |
7.90 |
|
Net Profit (loss) |
$ 44,254 |
6.71 |
$ 29,334 |
4.72 |
|
COMPLEMENTARY DATA |
|
|
|
|
|
Inventory |
$ 66,552 |
|
$ 66,406 |
|
|
Accounts receivable |
$ 93,907 |
|
$ 100,356 |
|
|
Accounts Payable |
$ 47,674 |
|
$ 31,559 |
|
|
Property, plant and equipment |
$ 104,787 |
|
$ 120,330 |
|
|
Purchases |
$
104,787 |
|
$ 120,330 |
|
|
Financial Expenses |
$ 10,033 |
|
$ 3,520 |
|
|
Foreign Currency Assets |
|
|
|
|
|
Foreign Currency Liabilities |
|
|
|
|
|
Working Capital |
$ 125,520 |
|
$
105,146 |
|
|
RATIOS: |
|
|
|
|
|
QUICK RATIO |
1.36 |
|
1.18 |
|
|
CURRENT RATIO |
1.78 |
|
1.48 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7.02 |
times |
6.19 |
times |
|
DAYS' SALES IN RECEIVABLES |
51.25 |
days |
58.15 |
days |
|
INVENTORY TURNOVER |
7.33 |
times |
7.09 |
times |
|
35.18 |
days |
24.14 |
days |
|
|
RETURN ON ASSETS |
1.65 |
times |
1.36 |
times |
|
SALES TURNOVER ON NET EQUIY |
3.03 |
times |
3.07 |
times |
|
NET WORTH TIE-UP |
0.48 |
|
0.59 |
|
|
ENDEBTEDNESS |
0.84 |
|
1.26 |
|
|
EQUITY RATIO |
54.48 |
% |
44.25 |
% |
|
WORKING CAPITAL RATIO |
77.52 |
% |
48.36 |
% |
|
GENERAL SOLVENCY |
2.20 |
|
1.79 |
|
|
RETURN ON NET EQUITY |
20.35 |
% |
14.50 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
6.71 |
% |
4.72 |
% |
|
GROSS PROFIT MARGIN |
26.05 |
% |
24.26 |
% |
|
OPERATIONAL RESULT |
7.33 |
% |
7.90 |
% |
|
SALES TURNOVER ON LIABILITIES |
4.07 |
times |
2.86 |
times |
|
FOREIGN CURRENCY ON ASSETS |
- |
% |
- |
% |
|
FOREIGN CURRENCY ON LIABILITIES |
- |
% |
- |
% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.52.96 |
|
UK Pound |
1 |
Rs.82.04 |
|
Euro |
1 |
Rs.68.91 |
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.