MIRA INFORM REPORT

Report Date :

11.01.2011

IDENTIFICATION DETAILS

Correct Name :	MX LOGISTIKA SL, SPOL. S R.O

Registered Office :	Rožňavská 32, 821 04 Bratislava

Country :	Slovakia

Date of Incorporation :	27.09.2007

Com. Reg. No.:	No. 48106/B

Legal Form :	Limited Liability Company

Line of Business :	Wholesale on a fee or contract basis

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Maximum Credit Limit :	EUR 2.500,00

Status :	Moderate

Payment Behaviour :	Nothing Adverse

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)

Slovakia

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

company name & address

MX LOGISTIKA SL, SPOL. S R.O.

Principal Address:
Rožňavská 32
821 04 Bratislava
Slovakia

Registered office:
Rožňavská 32
821 04 Bratislava
Slovakia

ICON number: 91539790
National ID: 36838951
International VAT number: SK2022467568
VAT number: SK2022467568

Registration status: 27.09.2007 - registered company

CREDIT INFORMATION SUMMARY

Maximum Credit:

EUR 2.500,00

Payment Practices:

No adverse payment incidents known at this time

Debt Collection:

There is no record of any debt collection action against this company exceeding a single case volume of EUR 500.

COMPANY DETAILS

Established:

27.09.2007

Registration:

No. 48106/B
27.09.2007
Bratislava, Slovakia
Bratislavský kraj

Former Registration:

No. 48106/B
27.09.2007
Bratislava, Slovakia

Legal Form:

27.09.2007
Limited Liability Company

History:

MX Logistika SL, spol. s r.o.
( 28.04.2009)
ERK - Immobilien SL, spol. s r.o.
( 27.09.2007 - 27.04.2009)

Capital:

Nominal capital:

EUR 5.000,00

Shareholders:

Full Name	Function	Address	Equity capital
ERK Immobilienentwicklungs GmbH Registration: Austria	Partner	Römerstraße 39 A - 4600 Wels Austria	EUR 5.000,00

Management:

Full Name	Function	Address
MILDNER Bernhard	Managing director	Kapsamerstr. 55 4625 Offenhausen Austria
WERNER Roland	Officer/Proxy	Hofkirchen 186 4492 Hofkirchen Austria

Person functions in other companies:

Function	Company
Other known functions of Werner Roland
Officer/Proxy	EUROPA MÖBEL BRATISLAVA s.r.o. (SK) National ID: 35903414

KEY DATA ON OPERATIONS

Subject of Operation:

NACE
  main activity:
  4610 Wholesale on a fee or contract basis

  4100 Construction of buildings

NACE codes given are based on the most recent NACE Revision 2.

The company is active in the sector 'Agriculture, meat, agro food and wines'.

Company Development:

0: Development cannot be determined by outside parties

Estimated Turnover:

EUR 2.413.200,00
The majority of the market players, providing similar services, with the same company size in the industry sector "Wholesale" generate a turnover in the range of EUR 1.124.000 to EUR 4.739.500.

Workforce:

	2009
Total workforce	18 (approximately)

FINANCIAL INFORMATION

Financials:
Effectively from January 1st 2009, the Slovakian currency SKK was changed
and replaced by new currency EUR. The conversion rate: 1 EUR = 30,1260 SKK.
The financial statements issued after 01.01.2009 have to be in EUR. In
order to compare the financial statements with previous years all financial
indicators were also converted by the new exchange rate.
The financial indicators are stated without decimal number. The differences
in total or sub-total rows may be caused by rounding of indicators.

Financial Comments:

The company is obliged by law to publish its financial statements.
Company’s balance-sheets haven’t been published and are not officially available.

Ratios:

Ratios not available

ADDITIONAL INFORMATION

Contact With Company:

We have tried to contact the management of this firm but have not been successful. There has been no response for corresspondence sent.

Right of Lien:

none entry

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.45.37
UK Pound	1	Rs.70.38
Euro	1	Rs.58.93

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions