MIRA INFORM REPORT
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Report Date : |
29.07.2011 |
IDENTIFICATION DETAILS
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Correct Name : |
WIELAND-WERKE AKTIENGESELLSCHAFT |
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Registered Office : |
Graf-Arco-Str. 36 OT Donautal, D 89079 Ulm, Post Box 42 40, D
89032 Ulm |
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Country : |
Germany |
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Financials (as on) : |
30.09.2010 |
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Date of Incorporation : |
20.10.1910 |
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Com. Reg. No.: |
HRB 1256 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Manufacture of metal forming machinery |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
250,000 EUR |
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Status : |
Good |
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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 – March 31st, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Germany |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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 & address
Wieland-Werke Aktiengesellschaft
Main
address:
Graf-Arco-Str. 36 OT Donautal
D 89079 Ulm
Post Box:
42 40, D 89032 Ulm
Telephone: 0731/9440
Telefax: 0731/9442772
Homepage: www.wieland.de
E-mail: info@wieland.de
VAT no.
DE811147730
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Public limited company
Date of foundation: 1820
Registered on: 20.10.1910
Commercial Register: Local
court 89073 Ulm
under: HRB 1256
Share capital:
EUR 62,000,000.00
Shareholder
SCHWENK Beteiligungen GmbH & Co.KG
Hindenburgring 15
D 89077 Ulm
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 5,112,918.81
contribution:
Registered on: 14.02.2008
Reg. data: 89073 Ulm, HRA 720949
Shareholder:
Landesbank Baden-Württemberg
Am Hauptbahnhof 2
D 70173 Stuttgart
Post Box:
10 60 49, D 70049 Stuttgart
Legal form: Statutory body
Registered on: 09.02.1999
Reg. data: 70190 Stuttgart, HRA 12704
President of the Board of Directors
Harald Kroener
Maienweg 176
D 89081 Ulm
born: 24.02.1952
Profession: Industrial manager
Member of the Board of Directors
Werner Theodor Traa
D 89134 Blaustein
born: 30.01.1959
Member of the
Board of Directors:
Dr. Ulrich Hartmann
D 89257 Illertissen
born: 17.01.1959
President of the Supervisory Board
Fritz-Jürgen Heckmann
Treiberstr. 17
D 70619 Stuttgart
born: 21.12.1956
Profession: Solicitor
Vice-president of the Supervisory
Board
Ludwig Daikeler
D 89269 Vöhringen
Member of the Supervisory Board
Werner Schmidt
D 70173 Stuttgart
Member of the
Supervisory Board:
Eduard Schleicher
Bleichstr. 50
D 89077 Ulm
born: 23.06.1955
Profession: Fully qualified merchant
Marital status: married
Member of the
Supervisory Board:
Mathias Ritzmann
Hartlaubstr. 2
D 97422 Schweinfurt
born: 29.03.1958
Profession: Businessman
Member of the
Supervisory Board:
Gerhard Hirth
Juraweg 5
D 89275 Elchingen
born: 19.01.1950
Profession: Fully qualified economic
engineer
Member of the
Supervisory Board:
Heinz Junker
Seewiesenweg 19
D 73669 Lichtenwald
Representative of the Employees within
the Supervisory Board
Franz Saulich
D 89278 Nersingen
Representative of
the Employees within the Supervisory Board:
Josef Bräutigam
D 89195 Staig
Representative of
the Employees within the Supervisory Board:
Theodor Knoll
D 89155 Erbach
Representative of
the Employees within the Supervisory Board:
Bruno Molinari
D 89073 Ulm
Representative of
the Employees within the Supervisory Board:
Werner Göppel
D 89269 Vöhringen
Proxy
Manfred Mitsch
Weiherstr. 18/4
D 78050 Villingen-Schwenningen
born: 02.04.1956
Profession: Authorized signatary
Marital status: married
Proxy:
Johannes Cüppers
Tiefenbacher Weg
D 89257 Illertissen
authorized to jointly represent the company
born: 19.05.1954
Proxy:
Hubert Dambietz
D 78048 Villingen-Schwenningen
born: 13.03.1951
Proxy:
Dr. Jörg Dietrich Nübling
D 89073 Ulm
born: 24.07.1956
Proxy:
Horst Arthur Hefele
D 90530 Wendelstein
authorized to jointly represent the company
born: 20.12.1955
Proxy:
Olaf Görtges
D 42555 Hattingen
born: 11.06.1967
Profession: Businessman
Proxy:
Dr. Matthias Pauly
D 89231 Neu-Ulm
authorized to jointly represent the company
born: 11.02.1962
Marital status: married
Proxy:
Roland Müller
D 89073 Ulm
authorized to jointly represent the company
born: 18.07.1962
Proxy:
Pedro Mayser
OT Obereschach
D 78048 Villingen-Schwenningen
born: 17.04.1955
Proxy:
Robert Schuster
D 42555 Hattingen
born: 29.07.1969
Proxy:
Gerd Ulm
D 89250 Senden
authorized to jointly represent the company
born: 24.02.1950
Proxy:
Martin F. Dollmann
D 89155 Erbach
authorized to jointly represent the company
born: 08.04.1968
Proxy:
Dr. Heinz Brox
D 89231 Neu-Ulm
authorized to jointly represent the company
born: 02.09.1956
Proxy:
Manfred Roth
D 78048 Villingen-Schwenningen
authorized to jointly represent the company
born: 05.11.1958
Proxy:
Georg Kästle
Aufhofer Str. 3 OT Altheim
D 88433 Schemmerhofen
authorized to jointly represent the company
born: 19.02.1960
Proxy:
Michael Renz
D 89134 Blaustein
authorized to jointly represent the company
born: 27.05.1968
Proxy:
Josef Staiger
D 89278 Nersingen
authorized to jointly represent the company
born: 02.02.1970
Proxy:
Johann Scholler
D 89269 Vöhringen
authorized to jointly represent the company
born: 22.03.1955
Proxy:
Eckhart Zimmermann
D 89312 Günzburg
authorized to jointly represent the company
born: 02.10.1966
Proxy:
Alexander Blässing
D 89250 Senden
authorized to jointly represent the company
born: 22.09.1969
Proxy:
Christine Flasch
D 73430 Aalen
authorized to jointly represent the company
born: 27.11.1966
Proxy:
Volker Voggeser
D 89250 Senden
authorized to jointly represent the company
born: 19.01.1970
Proxy:
Dr. Uwe Hofmann
D 89231 Neu-Ulm
born: 22.06.1966
Further functions/participations of
Harald Kroener
(President of the
Board of Directors)
Manager:
Metallwerke Schwarzwald Gesellschaft mit
beschränkter
Haftung
Lantwattenstr. 11
D
78050 Villingen-Schwenningen
Legal
form: Private limited company
dissolved
Share
capital: EUR 16,872,632.08
Registered
on: 01.06.1951
Reg.
data: 79098 Freiburg, HRB 600132
Manager:
Cuprostar GmbH
Graf-Arco-Str. 34
D 89079 Ulm
Legal
form: Private limited company
Share
capital: EUR 204,550.00
Registered
on: 21.11.1986
Reg.
data: 89073 Ulm, HRB 1796
Manager:
Spezialmetall-Gesellschaft mit beschränkter
Haftung
Graf-Arco-Str. 36
D
89079 Ulm
Legal
form: Private limited company
Share
capital: EUR 25,600.00
Registered
on: 15.02.1963
Reg.
data: 89073 Ulm, HRB 145
Member of the Chairing-committee
Wirtschaftsvereinigung Metalle e.V.
Wallstr. 58/59
D 10179 Berlin
Legal form: Registered association
Registered
on: 05.06.2009
Reg. data: 14057 Berlin, VR
28700 B
Further functions/participations of
Werner Theodor Traa
(Member of the
Board of Directors)
Manager:
Schwarzwälder Metallhandel Gesellschaft mit
beschränkter Haftung
Industriestr. 18
D
78647 Trossingen
Legal
form: Private limited company
Share
capital: EUR 4,602,000.00
Registered
on: 10.02.1992
Reg.
data: 70190 Stuttgart, HRB 460473
Manager:
Fudickar Sauerländer Metallhandel GmbH
Spannstiftstr. 39
D
58119 Hagen
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 02.10.2009
Reg.
data: 58097 Hagen, HRB 8300
Further functions/participations of
Dr. Ulrich Hartmann
(Member of the
Board of Directors)
Manager:
Wieland Anlagentechnik GmbH
Graf-Arco-Str. 36
D
89079 Ulm
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 21.12.2007
Reg.
data: 89073 Ulm, HRB 721761
Member of the
Board of Directors:
Deutsche Gesellschaft für Materialkunde e.V.
Senckenberganlage 10
D
60325 Frankfurt
Legal
form: Registered association
Registered
on: 25.05.1999
Reg.
data: 60313 Frankfurt, VR 11655
RESIGNED ACTING PERSONS AND
SHAREHOLDERS
16.03.2009 -
18.05.2011 Member of the Supervisory
Board
Dr. Wolfgang Eychmüller
D
89075 Ulm
31.10.2003 -
16.03.2009 Member of the Supervisory
Board
Hans-Dietmar Sauer
D 70173 Stuttgart
02.05.2000 -
16.03.2009 President of the Supervisory
Board
Dr. Wolfgang Eychmüller
D
89075 Ulm
13.04.1995 -
16.03.2009 Vice-president of the
Supervisory Board
Franz Saulich
D
89278 Nersingen
02.06.1993 -
16.03.2009 Member of the Supervisory
Board
Bernhard Kraske
D
79261 Gutach
BUSINESS ACTIVITIES
Sectors
28410 Manufacture of metal forming machinery
BRANCHES AND FACTORIES
Works:
Wieland-Werke AG
Ziegeleiweg 20
D
42555 Velbert
TEL.:
02052/606-0
Branch:
Wieland-Werke
AG Zweigniederlassung
Vöhringen
Wielandstr. 26
D
89269 Vöhringen
TEL.:
0731/9440
FAX.:
0731/9442772
Branch:
Wieland-Werke
AG
Lantwattenstr. 11
D
78050 Villingen-Schwenningen
TEL.:
07721/201-0
FAX.:
07721/201-108
PARTICIPATIONS
Limited partner:
Schwermetall Halbzeugwerk GmbH & Co. KG
Breiniger Berg 165
D
52223 Stolberg
Post
Box:
62 64
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Company Status: active
Total
cap. EUR 12,500,000.00
contribution:
Share: EUR 6,250,000.00
Reg.
data: 30.07.1971
Local court 52070 Aachen
HRA 5700
Shareholder:
Metallwerke Schwarzwald Gesellschaft mit
beschränkter Haftung
Lantwattenstr. 11
D
78050 Villingen-Schwenningen
Legal
form: Private limited company
Company Status: dissolved since:
27.06.2001
Share
capital: EUR 16,872,632.08
Share: EUR 16,872,632.08
Reg.
data: 01.06.1951
Local court 79098 Freiburg
HRB 600132
Shareholder:
Schwarzwälder Metallhandel Gesellschaft mit
beschränkter Haftung
Industriestr. 18
D
78647 Trossingen
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 4,602,000.00
Share: EUR 4,602,000.00
Reg.
data: 10.02.1992
Local court 70190 Stuttgart
HRB 460473
Shareholder:
Eisen
und Metall GmbH
Am
Ostkai 15-17
D
70327 Stuttgart
Legal
form: Private limited company
Company Status: dissolved since:
09.06.2010
Share
capital: EUR 1,022,583.76
Share: EUR 501,066.04
Reg.
data: 02.01.1992
Local court 70190 Stuttgart
HRB 15042
Shareholder:
Duro
Metall GmbH
Albert-Einstein-Str. 1
D
70806 Kornwestheim
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 500,000.00
Share: EUR 500,000.00
Reg. data: 21.04.2005
Local court 70190 Stuttgart
HRB 207126
Shareholder:
Cuprostar GmbH
Graf-Arco-Str. 34
D
89079 Ulm
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 204,550.00
Share: EUR 204,550.00
Reg. data: 21.11.1986
Local court 89073 Ulm
HRB 1796
Shareholder:
Erich
Rössler GmbH
Josefsthaler Str. 4
D
87600 Kaufbeuren
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 153,000.00
Share: EUR 153,000.00
Reg. data: 28.05.2010
Local court 87435 Kempten
HRB 10678
Shareholder:
Schwermetall Halbzeugwerk Gesellschaft mit
beschränkter Haftung
Breiniger Berg 165
D
52223 Stolberg
Post
Box:
6264
Legal
form: Private limited company
Company Status: active
Share capital: EUR 52,000.00
Share: EUR 26,000.00
Reg.
data: 07.05.1971
Local court 52070 Aachen
HRB 11583
Shareholder:
Rössler Beteiligungsgesellschaft mbH
Josefsthaler Str. 4
D
87600 Kaufbeuren
Legal
form: Private limited company
Company
Status: active
Share
capital: EUR 26,000.00
Share: EUR 26,000.00
Reg.
data: 11.03.1977
Local court 87435 Kempten
HRB 341
Shareholder:
Spezialmetall-Gesellschaft mit beschränkter
Haftung
Graf-Arco-Str. 36
D
89079 Ulm
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,600.00
Share: EUR 25,600.00
Reg.
data: 15.02.1963
Local court 89073 Ulm
HRB 145
Shareholder:
Fudickar Sauerländer Metallhandel GmbH
Spannstiftstr. 39
D
58119 Hagen
Legal form: Private limited
company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 02.10.2009
Local court 58097 Hagen
HRB 8300
Shareholder:
Wieland Anlagentechnik GmbH
Graf-Arco-Str. 36
D
89079 Ulm
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 21.12.2007
Local court 89073 Ulm
HRB 721761
Shareholder:
Wieland Versicherungsvermittlung GmbH
Ziegeleiweg 20
D 42555 Velbert
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 25,000.00
Reg.
data: 06.08.2002
Local court 42103 Wuppertal
HRB 18468
Shareholder:
IT-Informatik GmbH
Magirusstr. 17
D 89077 Ulm
Post
Box:
23 67
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 51,129.20
Share: EUR 6,442.28
Reg.
data: 12.01.1993
Local court 89073 Ulm
HRB 2662
Shareholder:
Internationale Schule Ulm/Neu-Ulm gGmbH
Olgastr. 97-101
D
89073 Ulm
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 25,000.00
Share: EUR 500.00
Reg.
data: 29.06.2005
Local court 89073 Ulm
HRB 5205
FINANCIAL INFORMATION
Payment experience: takes
advantage of cash discount
Negative information: We have no negative information at hand.
Maximum credit: 250,000
EUR
Balance sheet year: 2009/2010
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Graf-Arco-Str.
36 OT Donautal
D
89079 Ulm
Value at selling
price: EUR 52,000,000.00
Type of ownership: Tenant
Address Lantwattenstr.
11
D
78050 Villingen-Schwenningen
Type of ownership: Tenant
Address Ziegeleiweg
20
D 42555 Velbert
Type of ownership: Tenant
Address Wielandstr.
26
D 89269 Vöhringen
Land register documents
were not available.
BANKERS
Principal bank
DEUTSCHE BANK, ULM, DONAU
Sort. code: 63070088, BIC: DEUTDESS630
Further banks
MERCK FINCK & CO, MÜNCHEN
Sort. code: 70030400, BIC: MEFIDEMMXXX
LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK,
STUTTGART
Sort. code: 60050101, BIC: SOLADEST600
SPARKASSE ULM, ULM, DONAU
Sort. code: 63050000, BIC: SOLADES1ULM
BUNDESBANK, ULM, DONAU
Sort. code: 63000000, BIC: MARKDEF1630
DEUTSCHE PFANDBRIEFBANK, UNTERSCHLEIßHEIM
Sort. code: 70010500, BIC: REBMDEMMXXX
VOLKSBANK ULM-BIBERACH, ULM, DONAU
Sort. code: 63090100, BIC: ULMVDE66XXX
FINANCIAL FIGURES
Turnover: 2008/2009 EUR 1,185,881,000.00
2009/2010 EUR 1,978,627,000.00
Profit:
2008/2009 EUR 24,044,000.00
2009/2010 EUR 17,747,000.00
further business figures:
Equipment: EUR 18,796,000.00
Ac/ts receivable: EUR
431,353,000.00
Liabillities: EUR 497,359,000.00
Employees:
4,246
-
thereof permanent staff: 4,030
-
Trainees: 216
BALANCE SHEETS
Balance sheet ratios 01.10.2009 - 30.09.2010
Equity ratio [%]: 37.50
Liquidity ratio: 0.88
Return on total capital [%]: 1.60
Balance sheet ratios 01.10.2008 - 30.09.2009
Equity ratio [%]: 39.85
Liquidity ratio: 0.75
Return on total capital [%]: 2.33
Balance sheet ratios 01.10.2007 - 30.09.2008
Equity ratio [%]: 36.03
Liquidity ratio: 0.93
Return on total capital [%]: 4.24
Equity
ratio
The equity ratio
indicates the portion of the equity as compared to the total capital. The
higher the equity ratio, the better the economic stability (solvency) and thus
the financial autonomy of a company.
Liquidity
ratio
The liquidity
ratio shows the proportion between adjusted receivables and net liabilities.
The higher the ratio, the lower the company's financial dependancy from
external creditors.
Return
on total capital
The return on
total capital shows the efficiency and return on the total capital employed in
the company. The higher the return on total capital, the more economically does
the company work with the invested capital.
Type of balance
sheet: Company balance sheet
Financial year: 01.10.2009 - 30.09.2010
ASSETS EUR 1,136,172,000.00
Fixed assets
EUR 501,997,000.00
Intangible assets
EUR 5,988,000.00
Concessions, licences, rights
EUR 5,988,000.00
Tangible assets
EUR 280,477,000.00
Land / similar rights
EUR 119,324,000.00
Plant / machinery
EUR 93,957,000.00
Other tangible assets / fixtures and
fittings
EUR 18,796,000.00
Advance payments made / construction
in progress
EUR 48,400,000.00
Financial assets EUR 215,532,000.00
Shares in participations /
subsidiaries and the like
EUR 186,521,000.00
Shares in related companies
EUR 146,928,000.00
Shares in investee companies
EUR 39,593,000.00
Loans to participations /
subsidiaries and the like
EUR 600,000.00
Loans to related companies
EUR 600,000.00
Securities included in fixed assets
EUR 25,817,000.00
Other loans
EUR 2,594,000.00
Current assets
EUR 630,792,000.00
Stocks
EUR 194,063,000.00
Raw materials, consumables and
supplies EUR 74,079,000.00
Finished goods / work in progress
EUR 119,984,000.00
Accounts receivable
EUR 431,353,000.00
Trade debtors
EUR 196,115,000.00
Amounts due from related companies
EUR 193,280,000.00
Amounts due from investee companies
EUR 326,000.00
Other debtors and assets
EUR 41,632,000.00
Liquid means
EUR 5,376,000.00
Remaining
other assets EUR 3,383,000.00
Accruals (assets)
EUR 3,383,000.00
LIABILITIES EUR 1,136,172,000.00
Shareholders' equity
EUR 427,900,000.00
Capital
EUR 62,000,000.00
Subscribed capital (share capital)
EUR 62,000,000.00
Reserves
EUR 342,411,000.00
Capital reserves
EUR 60,332,000.00
Retained earnings / revenue reserves EUR 282,079,000.00
Balance sheet profit/loss (+/-)
EUR 9,513,000.00
Balance sheet profit / loss
EUR 9,513,000.00
Other shareholders' equity (+/-)
EUR 13,976,000.00
Other / unspecified part of the
shareholders' equity
EUR 13,976,000.00
Provisions
EUR 210,913,000.00
Pension provisions and comparable
provisions EUR 89,184,000.00
Provisions for taxes
EUR 545,000.00
Other / unspecified provisions
EUR 121,184,000.00
Liabilities
EUR 497,359,000.00
Financial debts EUR 326,246,000.00
Liabilities due to banks
EUR 326,246,000.00
Other liabilities
EUR 171,113,000.00
Trade creditors (for IAS incl. bills
of exchange)
EUR 83,721,000.00
Liabilities from received advance
payments
EUR 721,000.00
Liabililties due to related companiesEUR 3,966,000.00
Liabilities due to investee companiesEUR 1,838,000.00
Unspecified other liabilities
EUR 80,867,000.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 1,978,627,000.00
Inventory change + own costs (+/-)
EUR -5,514,000.00
Inventory change (+/-)
EUR -8,079,000.00
Capitalised own costs
EUR 2,565,000.00
Other operating income
EUR 19,238,000.00
Cost of materials
EUR 1,551,069,000.00
Raw materials and supplies, purchased
goods
EUR 1,504,411,000.00
Purchased services
EUR 46,658,000.00
Gross result (+/-)
EUR 441,282,000.00
Staff expenses
EUR 272,154,000.00
Wages and salaries
EUR 218,681,000.00
Social security contributions and
expenses for pension plans and
benefits
EUR 53,473,000.00
Total depreciation
EUR 42,047,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR
42,047,000.00
Other operating expenses
EUR 108,121,000.00
Operating result from continuing
operations
EUR 18,960,000.00
Result from participating interests
(+/-) EUR 11,400,000.00
Expenses / income from participations EUR 11,400,000.00
Income from transfer of profits
EUR 3,063,000.00
Income from related companies
EUR 8,337,000.00
Interest result (+/-)
EUR -12,010,000.00
Interest and similar income
EUR 2,656,000.00
Interest and similar expenses
EUR 14,666,000.00
Other financial result
EUR 1,477,000.00
Income from securities and loans from
financial assets
EUR 1,477,000.00
Financial result (+/-)
EUR 867,000.00
Result from ordinary operations (+/-)
EUR 19,827,000.00
Extraordinary expenses
EUR 428,000.00
Tax, organ and group offsettings (+/-)EUR 428,000.00
Extraordinary result (+/-)
EUR -428,000.00
Income tax / refund of income tax (+/-)EUR -739,000.00
Other taxes / refund of taxes
EUR -913,000.00
Tax
(+/-)
EUR -1,652,000.00
Annual surplus / annual deficit
EUR 17,747,000.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.10.2008 - 30.09.2009
ASSETS EUR 1,036,222,000.00
Fixed assets
EUR 518,171,000.00
Intangible assets
EUR 6,376,000.00
Concessions, licences, rights
EUR 6,376,000.00
Tangible assets
EUR 267,707,000.00
Land / similar rights
EUR 110,748,000.00
Plant / machinery
EUR 105,522,000.00
Other tangible assets / fixtures and
fittings
EUR 19,841,000.00
Advance payments made / construction
in progress
EUR 31,596,000.00
Financial assets EUR 244,088,000.00
Shares in participations /
subsidiaries and the like
EUR 185,065,000.00
Shares in related companies
EUR 144,016,000.00
Shares in investee companies
EUR 41,049,000.00
Loans to participations /
subsidiaries and the like
EUR 30,055,000.00
Loans to related companies
EUR 30,055,000.00
Securities included in fixed assets
EUR 25,817,000.00
Other loans
EUR 3,151,000.00
Current assets
EUR 514,869,000.00
Stocks
EUR 201,874,000.00
Raw materials, consumables and
supplies EUR 73,810,000.00
Finished goods / work in progress
EUR 128,064,000.00
Accounts receivable
EUR 303,068,000.00
Trade debtors
EUR 157,856,000.00
Amounts due from related companies
EUR 99,777,000.00
Amounts due from investee companies
EUR 1,173,000.00
Other debtors and assets
EUR 44,262,000.00
Liquid means
EUR 9,927,000.00
Remaining
other assets EUR 3,182,000.00
Accruals (assets)
EUR 3,182,000.00
LIABILITIES EUR 1,036,222,000.00
Shareholders' equity
EUR 414,859,000.00
Capital
EUR 62,000,000.00
Subscribed capital (share capital)
EUR 62,000,000.00
Reserves
EUR 326,911,000.00
Capital reserves
EUR 60,332,000.00
Retained earnings / revenue reserves EUR 266,579,000.00
Balance sheet profit/loss (+/-)
EUR 12,614,000.00
Balance sheet profit / loss
EUR 12,614,000.00
Other shareholders' equity (+/-)
EUR 13,334,000.00
Other / unspecified part of the
shareholders' equity
EUR 13,334,000.00
Provisions
EUR 207,449,000.00
Pension provisions and comparable
provisions EUR 91,640,000.00
Other / unspecified provisions
EUR 115,809,000.00
Liabilities
EUR 413,914,000.00
Financial debts
EUR 252,700,000.00
Liabilities due to banks EUR 252,700,000.00
Other liabilities
EUR 161,214,000.00
Trade creditors (for IAS incl. bills
of exchange)
EUR 74,304,000.00
Liabilities from received advance
payments
EUR 665,000.00
Liabililties due to related companiesEUR 4,194,000.00
Liabilities due to investee companiesEUR 901,000.00
Unspecified other liabilities EUR 81,150,000.00
Guarantees and other commitments
EUR 47,051,000.00
Guarantees / warranties
EUR 47,051,000.00
Warranties
EUR 47,051,000.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 1,185,881,000.00
Inventory change + own costs (+/-)
EUR -3,237,000.00
Inventory change (+/-)
EUR -5,830,000.00
Capitalised own costs
EUR 2,593,000.00
Other operating income
EUR 13,194,000.00
Cost of materials
EUR 788,069,000.00
Raw materials and supplies, purchased
goods EUR 755,742,000.00
Purchased services
EUR 32,327,000.00
Gross result (+/-)
EUR 407,769,000.00
Staff expenses
EUR 235,561,000.00
Wages and salaries
EUR 187,806,000.00
Social security contributions and
expenses for pension plans and
benefits
EUR 47,755,000.00
Total depreciation
EUR 47,018,000.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 47,018,000.00
Other operating expenses
EUR 103,336,000.00
Operating result from continuing
operations
EUR 21,854,000.00
Result from participating interests
(+/-)
EUR 11,494,000.00
Expenses / income from participations EUR 11,494,000.00
Income from transfer of profits
EUR 3,023,000.00
Income from related companies
EUR 8,471,000.00
Interest result (+/-)
EUR -8,965,000.00
Interest and similar income
EUR 3,341,000.00
Interest and similar expenses
EUR 12,306,000.00
Other financial result
EUR 494,000.00
Income from securities and loans from
financial assets
EUR 969,000.00
Depreciation on financial assets and
marketable securities
EUR 475,000.00
Financial result (+/-)
EUR 3,023,000.00
Result from ordinary operations (+/-)
EUR 24,877,000.00
Other extraordinary income
EUR 402,000.00
Income tax / refund of income tax (+/-)EUR -398,000.00
Other taxes / refund of taxes
EUR -837,000.00
Tax
(+/-)
EUR -1,235,000.00
Annual surplus / annual deficit EUR 24,044,000.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.13 |
|
UK Pound |
1 |
Rs.72.05 |
|
Euro |
1 |
Rs.63.33 |
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.