MIRA INFORM REPORT

Report Date :

23.07.2011

IDENTIFICATION DETAILS

Name :	MADURA TEA ESTATES
Registered Office :	PO Box 702, Murwillumbah, NSW 2484
Country :	Australia
Date of Incorporation :	Not Available
Com. Reg. No.:	50 395 857 321
Legal Form :	Private Independent
Line of Business :	Food Processing

RATING & COMMENTS

MIRA’s Rating :

B

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

Status :	Moderate
Payment Behaviour :	Unknown
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 – March 31^st, 2011

Country Name	Previous Rating (31.12.2010)	Current Rating (31.03.2011)
Australia	a1	a1

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

Bottom of Form

Company name & address

Madura Tea Estates

PO Box 702

Murwillumbah, NSW 2484

Australia

Tel: 02 6677 7215

Fax: 02 6677 7451

Synthesis

Employees:	29
Company Type:	Private Independent

Reporting Currency:	Australian Dollar
Annual Sales:	1.7
Total Assets:	NA

Business Description

This major group includes establishments manufacturing or processing foods and beverages for human consumption, and certain related products, such as manufactured ice, chewing gum, vegetable and animal fats and oils, and prepared feeds for animals and fowls.

Industry

Food Processing

ANZSIC 2006: 11 - Food Product Manufacturing

NACE 2002: 15 - Manufacture of Food Products and Beverages

NAICS 2002: 311 - Food Manufacturing

UK SIC 2003: 15 - Manufacture of Food Products and Beverages

US SIC 1987: 20 - Food and Kindred Products

Key Executives

Name	Title
Ron Ford	General Manager

1 - Profit & Loss Item Exchange Rate: USD 1 = AUD 1.198397
2 - Balance Sheet Item Exchange Rate: USD 1 = AUD 1.434309

Madura Tea Estates

Corporate Overview

Location
PO Box 702
Murwillumbah, NSW, 2484
Australia

Tel:	02 6677 7215
Fax:	02 6677 7451

Suggest Company URL

Sales AUD(mil):	2.0
Assets AUD(mil):	NA
Employees:	29

Industry:	Food Processing

Company Type:	Private Independent
Quoted Status:	Not Quoted
Registered No.(Asia):	50 395 857 321

General Manager:	Ron Ford

Contents · Industry Codes · Business Description · Financial Data

Industry Codes

ANZSIC 2006 Codes:
11	-	Food Product Manufacturing

NACE 2002 Codes:
15	-	Manufacture of Food Products and Beverages

NAICS 2002 Codes:
311	-	Food Manufacturing

US SIC 1987:
20	-	Food and Kindred Products

UK SIC 2003:
15	-	Manufacture of Food Products and Beverages

Business Description

This major group includes establishments manufacturing or processing foods and beverages for human consumption, and certain related products, such as manufactured ice, chewing gum, vegetable and animal fats and oils, and prepared feeds for animals and fowls.

Financial Data

Financials in:	AUD(mil)
Revenue:	2.0

1 Year Growth

NA

Executives

Name	Title	Function
Ron Ford	General Manager	Chief Executive Officer

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.38
UK Pound	1	Rs.72.34
Euro	1	Rs.63.87

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%)

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