MIRA INFORM REPORT

 

 

Report Date :

27.01.2011

 

IDENTIFICATION DETAILS

 

Name :

AUTOMHA S.R.L. 

 

 

Registered Office :

Via Emilia,        6,

24052- Azzano San Paolo  (BG)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2009

 

 

Date of Incorporation :

23.10.1997

 

 

Com. Reg. No.:

BG-1997-114537 since 24/11/1997

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacturer of industrial robots for multiple usage

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Maximum Credit Limit :

40.000Eur.

Status :

Moderate

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)

Italy

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name & address 

 

Automha S.r.l.

 

Via Emilia,        6

 

24052 - Azzano San Paolo (BG) -IT-

 

 

Summary

 

Fiscal Code

:

02572720163

Legal Form

:

Limited liability company

start of Activities

:

26/11/1997

Equity

:

80.000 Eur

Turnover Range

:

5.000.000/6.500.000 Eur

Number of Employees

:

from 26 to 35

 

 

Credit Analysis

 

Credit Opinion

:

40.000 - Eur

 

Activity

 

Manufacture of industrial robots for multiple usage (including spare parts and accessories)

Installation of equipment for measuring, controlling, testing, navigating and similars ( including equipment for controlling industrial processes)

Software publishing

 

Legal Data

 

Legal Form : Limited liability company

Fiscal Code : 02572720163

 

Chamber of Commerce no. : 305764 of Bergamo since 26/11/1997

 

Firms' Register : BG-1997-114537 since 24/11/1997

 

V.A.T. Code : 02572720163

 

Establishment date

: 23/10/1997

Start of Activities

: 26/11/1997

Legal duration

: 31/12/2050

Nominal Capital

: 75.000

Eur

Subscribed Capital

: 75.000

Eur

Paid up Capital

: 75.000

Eur

 

 

Members

 

 

Togni

Franco

 

 

 

Born in Villa d'Alme'

(BG)

on 30/05/1951

- Fiscal Code : TGNFNC51E30A215J

 

 

 

Residence :

Via

Sombreno

, 22

- 24100

Bergamo

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

03/04/2000

 

 

Board Chairman

03/04/2000

 

 

 

No Protests registered.

 

 

Longoni

Alberto

 

 

 

Born in Lissone

(MB)

on 28/08/1955

- Fiscal Code : LNGLRT55M28E617I

 

 

 

Residence :

Via

Beato Angelico

, 16

- 20033

Desio

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

03/04/2000

 

 

 

No Protests registered.

 

 

Togni

Roberta

 

 

 

Born in Bergamo

(BG)

on 23/07/1981

- Fiscal Code : TGNRRT81L63A794A

 

 

 

Residence :

Via

Baioni

, 33

- 24100

Bergamo

(BG)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

03/04/2000

 

 

 

No Protests registered.

 

Companies connected to members *

 

*checkings have been performed on a national scale.

 

In this module are listed the companies in which members hold or have holded positions.

 

 

TOGNI

FRANCO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

LOGICA S.A.S. DI A.G. VISCARDI E C.

Bergamo (BG) - IT -

02258660162

Limited Partner

Withdrawn

Ceased

TOGNI FRANCO

Bergamo (BG) - IT -

TGNFNC51E30A215J

Proprietor

Withdrawn

Ceased

TRASMA S.R.L.

Azzano San Paolo (BG) - IT -

01430450161

Sole Director

Withdrawn

Ceased

TRASMA S.R.L.

Azzano San Paolo (BG) - IT -

02615140163

Sole Director

Active

Registered

 

The indication "REGISTERED" as Firm Status could refer to Firms in Liquidation, Active, Inactive, etc.

 

For more information, in this case, we advise to request further investigations.

 

Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Modulblok S.p.a.

Pagnacco - IT -

00812590305

2.250 .Eur

3,00

Togni Franco

Bergamo - IT -

TGNFNC51E30A215J

61.500 .Eur

82,00

Longoni Alberto

Desio - IT -

LNGLRT55M28E617I

1.500 .Eur

2,00

Togni Roberta

Bergamo - IT -

TGNRRT81L63A794A

1.500 .Eur

2,00

Danne Walter

 

DNNWTR57C27B212T

7.500 .Eur

10,00

Frigeni Maurizio

 

FRGMRZ68P01A794V

750 .Eur

1,00

 

Direct Participations

 

The Company under review has no participations in other Companies.

 

Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

Via

Emilia

, 6

- 24052

- Azzano San Paolo

(BG)

- IT -

 

 

 

 

PHONE

: 035/312436

 

 

 

 

FAX

: 035/316462

 

 

 

 

Employees

: 26

 

Fittings and Equipment for a value of 440.000

Eur

 

Stocks for a value of 1.270.000

Eur

 

 

Protests

 

Protests checking on the subject firm has given a negative result.

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

Immovables *

 

*Subject to survey.

 

None reported in the name of the Firm.

 

Financial and Economical Analysis

 

Company's starting of activities dates back to 1997.

An eco-fin analysis has been made on the base od the b/s fo the years 2007, 2008 and 2009.

Under the financial profile unstable results are noted. ; in the last financial year a loss was registered (r.o.e. -14,93%) Business volume is falling in the last financial year.

The operating result in 2009 was positive (3,45%) falling within the field's average.

The operating result is positive and amounts to Eur. 120.242 , with no sizeable change as opposed to the year before.

A gross operating margine for a value of Eur. 186.825 was reached. showing a downward trend as opposed to the previous year.

Short-term debts volume if compared to net worth, as it comes out from the total indebtedness (38,71) which is anyway decreasing.

It's shareholders funds amount to Eur. 77.956 , stable in comparison with the value of the previous year.

Total debts (both short and M/L term) equals Eur. 3.050.793, , a more or less stable value.

Current liquid assets is positive.

The financial management generated a cash flow of Eur. 54.945.

Subordinate employment cost is of Eur. 1.544.322, i.e. 29,86% on total production costs. and a 30,56% incidence on sales volumes.

Financial charges have a limited incidence (-0,87%) on sales volume.


Financial Data

 

 

Complete balance-sheet for the year

31/12/2009

(in Eur

x 1 )

 

Item Type

Value

Sales

5.053.691

Profit (Loss) for the period

-11.638

 

 

Complete balance-sheet for the year

31/12/2008

(in Eur

x 1 )

 

Item Type

Value

Sales

6.845.444

Profit (Loss) for the period

9.286

 

 

 

Complete balance-sheet for the year

31/12/2007

(in Eur

x 1 )

 

Item Type

Value

Sales

4.494.569

Profit (Loss) for the period

-20.287

 

 

 

Complete balance-sheet for the year

31/12/2006

(in Eur

x 1 )

 

Item Type

Value

Sales

5.609.538

Profit (Loss) for the period

18.182

 

 

 

Complete balance-sheet for the year

31/12/2005

(in Eur

x 1 )

 

Item Type

Value

Sales

4.092.035

Profit (Loss) for the period

-28.570


Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x 1

 

- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x 1

 

- Balance Sheet as at 31/12/2007 - 12 Mesi - Currency: Eur - Amounts x 1

 

Years

2009

2008

2007

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

 

 

 

. . Industrial patent rights

 

 

 

. . Concessions,licenses,trademarks,etc.

 

 

 

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

 

 

 

. Total Intangible Fixed Assets

67.475

112.760

179.913

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

 

 

 

. . Plant and machinery

 

 

 

. . Industrial and commercial equipment

 

 

 

. . Other assets

 

 

 

. . Assets under construction and advances

 

 

 

. Total Tangible fixed assets

25.283

35.212

53.717

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

 

 

 

. . . Equity invest. in subsidiary companies

 

 

 

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

 

 

 

. . Financial receivables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

186.052

162.052

156.052

Total fixed assets

278.810

310.024

389.682

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

 

 

 

. . Work in progress and semimanufactured

 

 

 

. . Work in progress on order

 

 

 

. . Finished goods

 

 

 

. . Advance payments

 

 

 

. Total Inventories

1.268.867

1.128.560

1.308.107

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

1.852.707

2.793.607

1.996.145

. . Beyond 12 months

 

 

 

. . Trade receivables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from subsid. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

1.852.707

2.793.607

1.996.145

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

 

. Total Financial Assets

 

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

 

 

 

. . Checks

 

 

 

. . Banknotes and coins

 

 

 

. Total Liquid funds

32.794

16.841

313

Total current assets

3.154.368

3.939.008

3.304.565

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

50.102

50.280

24.398

Total adjustments accounts

50.102

50.280

24.398

TOTAL ASSETS

3.483.280

4.299.312

3.718.645

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

75.000

75.000

75.000

. Additional paid-in capital

 

 

 

. Revaluation reserves

 

 

 

. Legal reserve

14.595

5.309

5.309

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

-1

 

-1

. Accumulated Profits (Losses)

 

 

-12.641

. Profit( loss) of the year

-11.638

9.286

-20.287

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

77.956

89.595

47.380

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

 

 

 

. . Other funds

 

 

 

Total Reserves for Risks and Charges

 

32.388

32.388

Employee termination indemnities

275.438

261.247

222.451

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

3.050.793

3.775.253

3.263.219

. . . . Beyond 12 months

 

 

 

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to other providers of finance

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Advances from customers

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Trade payables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other payables

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

Total accounts payable

3.050.793

3.775.253

3.263.219

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

79.093

140.829

153.207

Total adjustment accounts

79.093

140.829

153.207

TOTAL LIABILITIES

3.483.280

4.299.312

3.718.645

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

5.053.691

6.845.444

4.494.569

. Changes in work in progress

 

 

 

. Changes in semi-manufact. products

100.642

-342.412

285.372

. Capitalization of internal work

 

 

 

. Other income and revenues

137.840

316.740

330.452

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

137.840

316.740

330.452

Total value of production

5.292.173

6.819.772

5.110.393

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

2.084.585

3.627.344

2.168.179

. Services received

1.162.024

1.258.278

1.166.493

. Leases and rentals

250.879

277.952

260.391

. Payroll and related costs

1.544.322

1.540.123

1.340.464

. . Wages and salaries

1.103.854

1.093.398

945.337

. . Social security contributions

374.492

371.366

312.265

. . Employee termination indemnities

65.976

63.384

58.677

. . Pension and similar

 

 

 

. . Other costs

 

11.975

24.185

. Amortization and depreciation

66.583

113.002

130.009

. . Amortization of intangible fixed assets

51.491

79.389

101.827

. . Amortization of tangible fixed assets

15.092

21.613

28.182

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

 

12.000

 

. Changes in raw materials

-39.666

-162.865

-103.063

. Provisions to risk reserves

 

 

 

. Other provisions

 

 

 

. Other operating costs

103.204

20.601

22.368

Total production costs

5.171.931

6.674.435

4.984.841

Diff. between value and cost of product.

120.242

145.337

125.552

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

2.943

2.714

2.371

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

2.850

1.826

1.826

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

93

888

545

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-46.902

-38.559

-42.129

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

4

 

Total financial income and expense

-43.959

-35.845

-39.758

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

 

 

 

. . Of equity investments

 

 

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

 

 

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

 

 

 

. . Gains on disposals

 

 

 

. . Other extraordinary income

 

 

 

. Extraordinary expense

-1

-1

 

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

-1

-1

 

Total extraordinary income and expense

-1

-1

 

Results before income taxes

76.282

109.491

85.794

. Taxes on current income

87.920

100.205

106.081

. . current taxes

89.002

 

 

. . differed taxes(anticip.)

-1.082

 

 

. Net income for the period

-11.638

9.286

-20.287

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

-11.638

9.286

-20.287

RATIOS

Value Type

as at 31/12/2009

as at 31/12/2008

as at 31/12/2007

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,08

0,07

0,10

0,11

Elasticity Ratio

Units

0,91

0,92

0,88

0,86

Availability of stock

Units

0,36

0,26

0,35

0,14

Total Liquidity Ratio

Units

0,54

0,65

0,53

0,66

Quick Ratio

Units

0,01

0,00

0,00

0,04

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

38,71

41,95

68,86

3,63

Self Financing Ratio

Units

0,02

0,02

0,01

0,16

Capital protection Ratio

Units

0,19

0,06

- 0,15

0,50

Liabilities consolidation quotient

Units

0,09

0,07

0,06

0,14

Financing

Units

39,13

42,14

68,87

4,50

Permanent Indebtedness Ratio

Units

0,10

0,08

0,07

0,30

M/L term Debts Ratio

Units

0,08

0,06

0,05

0,09

Net Financial Indebtedness Ratio

Units

n.c.

n.c.

n.c.

0,34

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

1,27

1,13

0,69

2,60

Current ratio

Units

1,03

1,04

1,01

1,20

Acid Test Ratio-Liquidity Ratio

Units

0,62

0,74

0,61

0,96

Structure's primary quotient

Units

0,28

0,29

0,12

1,44

Treasury's primary quotient

Units

0,01

0,00

0,00

0,07

Rate of indebtedness ( Leverage )

%

4.468,26

4.798,61

7.848,55

613,00

Current Capital ( net )

Value

103.575

163.755

41.346

202.476

RETURN

 

 

 

 

 

Return on Sales

%

1,09

1,79

2,44

4,27

Return on Equity - Net- ( R.O.E. )

%

- 14,93

10,36

- 42,81

16,01

Return on Equity - Gross - ( R.O.E. )

%

97,85

122,21

181,07

46,58

Return on Investment ( R.O.I. )

%

3,45

3,38

3,37

7,18

Return/ Sales

%

2,38

2,12

2,79

5,94

Extra Management revenues/charges incid.

%

- 9,68

6,39

- 16,15

34,82

Cash Flow

Value

54.945

122.288

109.722

89.424

Operating Profit

Value

120.242

145.337

125.552

127.319

Gross Operating Margin

Value

186.825

258.339

255.561

175.177

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

n.c.

n.c.

159,87

139,96

Debts to suppliers average term

Days

n.c.

n.c.

290,00

170,77

Average stock waiting period

Days

90,39

59,35

104,76

46,40

Rate of capital employed return ( Turnover )

Units

1,45

1,59

1,20

1,25

Rate of stock return

Units

3,98

6,07

3,43

7,73

Labour cost incidence

%

30,56

22,50

29,82

20,39

Net financial revenues/ charges incidence

%

- 0,87

- 0,52

- 0,88

- 0,82

Labour cost on purchasing expenses

%

29,86

23,07

26,89

20,86

Short-term financing charges

%

1,54

1,02

1,29

2,01

Capital on hand

%

68,93

62,81

82,73

79,94

Sales pro employee

Value

91.885

124.462

107.013

186.730

Labour cost pro employee

Value

28.078

28.002

31.915

35.359

 

 

Credit Opinion

 

On the basis of the above mentioned, and the sales volume obtained, we deem that the maximum exposure for short and medium term transactions ( 90 - 120 days ) could be of:

 

40.000Eur.

 

Market / Territory Data

 

Population living in the province

:

1.022.428

Population living in the region

:

9.393.092

Number of families in the region

:

3.858.736

 

Monthly family expenses average in the region (in Eur.) :

 

- per food products

:

460

- per non food products

:

2.090

- per energy consume

:

114

 

Sector Data

 

The values are calculated on a base of 228 significant companies.

The companies cash their credits on an average of 139 dd.

The average duration of suppliers debts is about 170 dd.

The sector's profitability is on an average of 4,27%.

The labour cost affects the turnover in the measure of 20,39%.

Goods are held in stock in a range of 46 dd.

The difference between the sales volume and the resources used to realize it is about 1,25.

The employees costs represent the 20,86% of the production costs.

Statistical Detrimental Data

 

The area is statistically considered lowly risky.

In the region 50.886 protested subjects are found; in the province they count to 4.150.

The insolvency index for the region is 0,55, , while for the province it is 0,41.

Total Bankrupt companies in the province : 4.376.

Total Bankrupt companies in the region : 39.612.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.45.53

UK Pound

1

Rs.72.78

Euro

1

Rs.62.14

 

 

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%)

 

 

 

 

 

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.