MIRA INFORM
REPORT
|
Report Date : |
23.02.2011 |
IDENTIFICATION DETAILS
|
Name : |
PHARMASAIS DISTRIBUICAO E COMERCIO DE
ESPECIALIDADES FARMACEUTICAS LTDA. |
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Registered Office : |
Avenida Belmiro Amorim, Quadra 54, Loteamentos 17/18, Nº. 1087 A E B - Santa Lúcia - Bairro Do Tabuleiro, Zip Code - 57082-000 Maceió/Al |
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Country : |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
01.02.2000 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of pharmaceutical raw materials |
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 |
|
Maximum Credit Limit : |
USD 75.000,00 |
|
Status : |
Satisfactory |
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Payment
Behaviour : |
Regular |
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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 – June 30, 2010
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Country Name |
Previous Rating (01.04.2010) |
Current Rating (30.06.2010) |
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a2 |
a2 |
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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
PHARMASAIS
DISTRIBUICAO E COMERCIO DE ESPECIALIDADES FARMACEUTICAS LTDA.
company ADDRESSES
|
MAIN ADDRESS: |
AVENIDA BELMIRO AMORIM, QUADRA 54, LOTEAMENTOS 17/18, Nº. |
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ZIP CODE/CITY: |
57082-000 - MACEIÓ/AL |
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PHONE: |
82 3373-5503 |
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FAX: |
82 3373-5503 |
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E-MAIL: |
pharmasais@uol.com.br |
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BRANCHES: |
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ADDRESS: |
AVENIDA NAZARÉ, 697 2°. ANDAR, SALA 02 - IPIRANGA |
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ZIP CODE/CITY: |
04263-000 SÃO PAULO/SP |
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PHONE: |
11 3806-1760 |
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FAX: |
11 3806-1760 |
LEGAL DATA
|
MAIN ACTIVITIES: |
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WHOLESALE OF PHARMACEUTICAL RAW MATERIALS. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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INCORPORATION DATE: |
01/02/2000 |
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REGISTER DATE: |
01/02/2000 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
03.674.837/0001-04 |
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STATE REGISTER: |
241.03876-6 |
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SHARE CAPITAL: |
R$ 299.200,00 |
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BOARD OF
DIRECTORS: |
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MARTA SILVANA DE QUEIROZ |
MANAGER |
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PEDRO TADAO NIYAMA |
MANAGER |
AUTHORIZED USE OF SIGNATURE
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THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS /
PARTNERS: |
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MARTA SILVANA DE QUEIROZ |
90,00% |
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PEDRO TADAO NIYAMA |
10,00% |
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AFFILIATES /
SUBSIDIARIES: |
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|
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EMBRAPLAS-EMPRESA BRASILEIRA DE PLASTICOS LTDA-ME |
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COMPANY'S BACKGROUND
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THE SUBJECT WAS ESTABLISHED ON FEBRUARY 1, 2000 TO BE ENGAGED IN THE
SAID LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. TRADE NAME: "PHARMASAIS". FURTHER DETAILS ARE SO FAR NOT KNOWN. |
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PUBLIC
INFORMATION: |
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PROTESTS: |
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3 PROTESTS,TOTAL AMOUNT R$
41.471,66 |
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DETAILS OF LATEST PROTESTS: |
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NOTARY OFFICE: |
DATE: |
VALUE: |
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2º CARTÓRIO DE AL-MACEIÓ |
03/01/2011 |
R$ 12.193,08 |
|
1º CARTÓRIO DE AL-MACEIÓ |
10/12/2010 |
R$ 14.639,29 |
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1º CARTÓRIO DE AL-MACEIÓ |
06/12/2010 |
R$ 14.639,29 |
FINANCIAL INFORMATION
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GENERAL BALANCE SHEETS AS OF 31/12/2009, 31/12/2008 AND 31/12/2007. |
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( FIGURES ARE IN REAIS ). |
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ASSETS |
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CURRENT: |
31/12/2009 |
31/12/2008 |
31/12/2007 |
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CASH AND BANKS |
133.100,46 |
114.385,07 |
12.409,89 |
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CLIENTS |
1.280.037,86 |
325.839,80 |
995.284,51 |
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RECOVERABLE TAXES |
17.115,77 |
3.022,32 |
3.022,32 |
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INVENTORY |
268.137,37 |
221.856,05 |
187.454,40 |
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---------------- |
---------------- |
---------------- |
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TOTAL CURRENT ASSETS |
1.698.391,46 |
665.103,24 |
1.198.171,12 |
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FIXED ASSETS: |
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FIXED ASSETS |
61.931,61 |
52.187,38 |
62.395,54 |
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---------------- |
---------------- |
---------------- |
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TOTAL FIXED ASSETS |
61.931,61 |
52.187,38 |
62.395,54 |
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================ |
================ |
================ |
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TOTAL ASSETS |
1.760.323,07 |
717.290,62 |
1.260.566,66 |
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LIABILITIES: |
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CURRENT: |
31/12/2009 |
31/12/2008 |
31/12/2007 |
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SUPPLIERS |
302.360,19 |
276.230,50 |
804.397,90 |
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BANKING DEBTS |
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|
3.046,16 |
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TAXES & CONTRIBUTIONS |
263.194,13 |
87.306,07 |
195.808,98 |
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SALARIES PAYABLE |
4.200,22 |
4.846,33 |
2.530,49 |
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LABOR OBLIGATIONS |
4.010,92 |
4.335,07 |
6.983,59 |
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---------------- |
---------------- |
---------------- |
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TOTAL CURRENT LIABILITIES |
573.765,46 |
372.717,97 |
1.012.767,12 |
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LONG TERM
LIABILITIES: |
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TRIBUTARY OBLIGATIONS |
132.335,28 |
193.057,85 |
35.108,16 |
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---------------- |
---------------- |
---------------- |
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TOTAL LONG TERM LIABILITIES |
132.335,28 |
193.057,85 |
35.108,16 |
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NET EQUITY: |
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SHARE CAPITAL |
299.200,00 |
299.200,00 |
299.200,00 |
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CAPITAL RESERVES |
755.022,33 |
-147.685,20 |
-86.508,62 |
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---------------- |
---------------- |
---------------- |
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TOTAL NET EQUITY |
1.054.222,33 |
151.514,80 |
212.691,38 |
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================ |
================ |
================ |
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TOTAL LIABILITIES |
1.760.323,07 |
717.290,62 |
1.260.566,66 |
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PROFIT AND LOSS ACCOUNTS AS OF 31/12/2009, 31/12/2008 AND 31/12/2007. |
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( FIGURES ARE IN REAIS ). |
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|
31/12/2009 |
31/12/2008 |
31/12/2007 |
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GROSS SALES |
6.144.318,06 |
2.757.134,16 |
1.520.141,38 |
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(-) TAXES ON SALES |
905.214,13 |
87.306,07 |
14.115,62 |
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---------------- |
---------------- |
---------------- |
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NET SALES |
5.239.103,93 |
2.669.828,09 |
1.506.025,76 |
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(-) COST OF SOLD GOODS |
4.465.899,66 |
2.048.582,81 |
1.324.193,34 |
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---------------- |
---------------- |
---------------- |
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GROSS PROFIT |
773.204,27 |
621.245,28 |
181.832,42 |
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OPERATING REVENUE (EXPENSE) |
-46.481,79 |
-681.110,11 |
-78.581,13 |
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FINANCIAL REVENUE(EXPENSE) |
14.662,92 |
-1.086,00 |
-47.604,36 |
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---------------- |
---------------- |
---------------- |
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OPERATIONAL PROFIT (LOSS) |
741.385,40 |
-60.950,83 |
55.646,93 |
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NON-OPERATING RESULT |
-152.580,20 |
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---------------- |
---------------- |
---------------- |
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NET PROFIT (LOSS) |
588.805,20 |
-60.950,83 |
55.646,93 |
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RATIOS: |
31/12/2009 |
31/12/2008 |
31/12/2007 |
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QUICK RATIO |
2,49 |
|
1,19 |
|
1,00 |
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CURRENT RATIO |
2,96 |
|
1,78 |
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1,18 |
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ACCOUNTS RECEIVABLE TURNOVER |
4,09 |
TIMES |
8,19 |
TIMES |
1,51 |
TIMES |
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DAYS' SALES IN RECEIVABLES |
87,96 |
DAYS |
43,94 |
DAYS |
237,91 |
DAYS |
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INVENTORY TURNOVER |
16,66 |
TIMES |
9,23 |
TIMES |
7,06 |
TIMES |
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ACCOUNTS PAYABLE PERIOD |
24,37 |
DAYS |
48,54 |
DAYS |
218,69 |
DAYS |
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RETURN ON ASSETS |
2,98 |
TIMES |
3,72 |
TIMES |
1,19 |
TIMES |
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SALES TURNOVER ON NET EQUITY |
4,97 |
TIMES |
17,62 |
TIMES |
7,08 |
TIMES |
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NET WORTH TIE-UP |
,06 |
|
,34 |
|
,29 |
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INDEBTEDNESS |
,67 |
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3,73 |
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4,93 |
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EQUITY RATIO |
59,89 |
% |
21,12 |
% |
16,87 |
% |
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WORKING CAPITAL RATIO |
196,01 |
% |
78,45 |
% |
18,31 |
% |
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GENERAL SOLVENCY |
2,49 |
|
1,27 |
|
1,20 |
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RETURN ON NET EQUITY |
55,85 |
% |
-40,23 |
% |
26,16 |
% |
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RETURN ON SALES (PROFIT MARGIN) |
11,24 |
% |
-2,28 |
% |
3,70 |
% |
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GROSS PROFIT MARGIN |
14,76 |
% |
23,27 |
% |
12,07 |
% |
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OPERATIONAL RESULT |
14,15 |
% |
-2,28 |
% |
3,70 |
% |
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SALES TURNOVER ON LIABILITIES |
9,13 |
TIMES |
7,16 |
TIMES |
1,49 |
TIMES |
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FOREIGN CURRENCY ON ASSETS |
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FOREIGN CURRENCY ON LIABILITIES |
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EXCHANGE RATE: |
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US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 18/02/2011 |
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US$ 1,00 = R$ 1,74 |
- OFFICIAL RATE ON 31/12/2009 |
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US$ 1,00 = R$ 2,33 |
- OFFICIAL RATE ON 31/12/2008 |
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US$ 1,00 = R$ 1,77 |
- OFFICIAL RATE ON 31/12/2007 |
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COMMENTS ON THE
FINANCIAL INFORMATION: |
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FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A GOOD FINANCIAL STANDING. IT SHOWS HIGH
LIQUIDITY RATIOS WITH POSITIVE WORKING CAPITAL AMOUNT AND LOW LEVEL OF
INDEBTEDNESS. IN ADDITION IT IS NOTED REMARKABLE GROWING SALES AND
PROFITABILITY. REMARKS: -------- A REQUEST FOR CLARIFICATION ABOUT SUCH INCREASE IN THE SALES VOLUME
HAS BEEN SENT TO THE COMPANY. PROVIDED THE DATA REQUESTED ARE RECEIVED FROM
THE SUBJECT A COMPLEMENTARY REPORT WILL BE SEND TO YOUR ATTENTION. |
REAL ESTATE
NOT AVAILABLE
VEHICLES
NOT AVAILABLE
MACHINES
NOT AVAILABLE
INSURANCE
NOT AVAILABLE
BANKING REFERENCES
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BRANCH/PHONE: |
CITY: |
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CAIXA ECONÔMICA FEDERAL |
0262 / 11 3521-4500 |
SÃO PAULO/SP |
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BANCO BRADESCO S/A |
0389-1 / 82 3311-0275 |
MACEIÓ/AL |
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BANCO ITAÚ S/A |
3160 / 11 2262-9341 |
SÃO PAULO/SP |
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REMARKS: IN ACCORDING TO THE CENTRAL BANK OF |
ACTIVITIES COMMENTS
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SUBJECT IS ENGAGED IN THE WHOLESALE OF PHARMACEUTICAL RAW MATERIALS. |
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IMPORT AND
EXPORT: |
IMPORTS FROM:
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NOT AVAILABLE. |
EXPORTS TO:
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NOT AVAILABLE. |
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MAIN CLIENTS: |
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DOMESTIC
CLIENTS: |
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NOT AVAILABLE. |
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STAFF: |
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THE COMPANY HAS: 2 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
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THE SUBJECT WAS ESTABLISHED IN 2000. SO FAR IT'S TRADE HISTORY SHOW
SOME PROTESTED BILLS IN THE PAST BUT NO RELEVANT NEGATIVE INFORMATION IS
REGISTERED. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO
DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER
OF TRADE CREDIT FACILITIES. THE PROTESTS FOUND DO NOT AFFECT SUBJECT’S REPUTATION. |
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MAIN SUPPLIERS: |
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DOMESTIC
SUPPLIERS: |
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PHONE: |
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ADRIVAN COM. IMP. E REP. LTDA. |
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11 4043-0411 |
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BRANDOLIS FARMACÊUTICA LTDA. |
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19 2127-2800 |
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11 4772-4900 |
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M. CASSAB COM. IND. LTDA. |
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11 2162-7788 |
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OPÇÃO FÊNIX DISTR. DE INSUMOS LTDA. |
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11 3922-1600 |
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RODOVIÁRIO RAMOS |
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82 2121-2400 |
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TRANSPORTADORA COMETA |
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82 3354-1661 |
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TSV TRANSP. RÁPIDOS |
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11 2954-7778 |
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VALDEQUIMICA PRODS. QUIMS.
LTDA. |
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11 3721-6407 |
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PAYMENT HISTORY: |
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02 SUPPLIERS REPORTED PAYMENTS: |
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TOTAL AMOUNT: R$ 24.819,00 |
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AMOUNT OF INVOICES PAID: 19 |
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TOTAL OF PROMPT PAYMENTS: 100% |
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TOTAL OF DELAYED PAYMENTS: 0% |
FINAL OPINION
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BASED ON THE GENERAL 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 FINANCIAL STRENGTH. A CREDIT LIMIT OF USD 75.000,00 MAY BE GRANTED. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.45.20 |
|
|
1 |
Rs.73.07 |
|
Euro |
1 |
Rs.61.41 |
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 |
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.