MIRA INFORM REPORT

 

 

Report Date :           

03.06.2011

 

IDENTIFICATION DETAILS

 

Name :

KEMIRA OYJ

 

 

Formerly Known As :

Kemira Oy 

 

 

Registered Office :

Porkkalankatu 3, 00180, Helsinki

 

 

Country :

Finland

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

16.12.1933

 

 

Com. Reg. No.:

01098230

 

 

Legal Form :

Public Limited Company

 

 

Line of Business :

Manufacture of other chemical products

 

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 :

(€) 50.000

 

 

Status :

Satisfactory

 

 

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 – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

Finland

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 Bottom of Form

 

company summary


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Company Name

Kemira Oyj

Company Number

01098230

 

Trading Name

Kemira Oyj

Trade Registry Number

73937

 

Company Name

Kemira Oyj

Business ID

01098230

 

Previous Name

Kemira Oy 

 

 

 

Telephone Number

0108611

Registered Address

PORKKALANKATU 3, 00180, HELSINKI

 

Fax Number

0108621119

Visiting Address

Porkkalankatu 3, 00180, HELSINKI

 

Home Municipality

Helsinki

Postal Address

PL 330, 00101, HELSINKI

 

Incorporation Date

16.12.1933

Branches

9  

 

Company Type

Public limited company

Website Address

 

 

Primary Sic Code

20590

Accountant

KPMG Oy Ab

Primary Sic Description

Manufacture of other chemical products n.e.c.

Last Accounts Date

31.12.2010

 

 

Share Capital (€)

221.761.728

Ultimate Holding Company

 

 

 

Deals in importing

Yes

Foreign Ownership

No

 

 

Deals in exporting

Yes

Currency

EUR

 

 

 

 

Credit Limit

 

Limit (€)

50.000

 

 

Key Financials

 

Year

31.12.2010

%

31.12.2009

%

31.12.2008

%

31.12.2007

Turnover (€)

322.271.000

9%

296.873.000

4%

285.317.000

2%

279.694.000

Result After Taxes(€)

194.353.000

739%

23.173.000

-58%

54.688.000

999.9%

2.652.000

Total Assets(€)

2.165.201.100

-12%

2.455.336.220

10%

2.237.629.320

5%

2.140.242.850

Number of Employees

815

-2%

835

-18%

1020

-3%

1054

Estimated Shareholders Funds

974.340.495

7%

908.474.401

27%

716.041.382

-2%

727.682.569

 


Ratios

 

Year

31.12.2010

 

31.12.2009

 

31.12.2008

 

31.12.2007

Solvency Ratio

45% 

 

37% 

 

32% 

 

34% 

 

Low Indebtedness

 

Moderate Indebtedness

 

Moderate Indebtedness

 

Moderate Indebtedness

Operating Result Ratio

25,30

 

3,90

 

9,50

 

-7,20

Turnover Employee Ratio

39.542,00

 

35.554,00

 

27.972,00

 

26.536,00

 

 

Solvency Ratio Definitions

 

Solvency Ratio is calculated as:

Shareholders Funds
      Total Assets

 

 

Shareholder Information

 

Year

31.12.2010

Total Value of Shares

221.761.728

Number of Shares

155.342.557

Value of Shares

 

 

 

Registrations in Force

 

 

State

Registration Date

Tax Administration

Registered

15.03.1978

Trade Register

Registered

16.12.1933

Employer Register

Registered

01.07.1946

Prepayment Register

Registered

01.03.1995

Value Added Tax-Liability

VAT-liable for business activity

01.06.1994

 


Business History

 

Date

Event

Source Company Name

01.10.2006

Merger

Kemwater Services Oy   merged into   Kemira Oyj

30.09.2006

Merger

Kemwater Services Oy   merged into   Kemira Oyj

31.12.2004

Merger

Kemira Trading Oy   merged into   Kemira Oyj

01.01.2004

Merger

Kemira Chemicals Oy   merged into   Kemira Oyj

31.12.1992

Merger

01089908   merged into   Kemira Oyj

15.09.1992

Merger

01361297   merged into   Kemira Oyj

Payment Delays

 

Current Directors

 

Name

Lau Fok Kin Wah Winnie

 

 

Date of Birth

15.04.1956

Appointment Date

04.05.2011

Nationality

UNITED KINGDOM

Function

Actual Member of Board

 

Name

Armstrong Elisabeth

 

 

Date of Birth

10.08.1947

Appointment Date

04.05.2011

Nationality

UNITED STATES

Function

Actual Member of Board

 

Name

Paasikivi Pekka Johannes

 

 

Date of Birth

18.07.1944

Appointment Date

04.05.2011

Nationality

FINLAND

Function

Chairman of Board

 

Name

Laaksonen Juha Olavi

 

 

Date of Birth

31.12.1952

Appointment Date

04.05.2011

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Viinanen Jukka-Pekka

 

 

Date of Birth

12.02.1948

Appointment Date

04.05.2011

Nationality

FINLAND

Function

Actual Member of Board

 

Name

Dr Büchele Wolfgang Heinz

 

 

Date of Birth

11.08.1959

Appointment Date

04.05.2011

Nationality

GERMANY

Function

Actual Member of Board

 

Name

Lau Fok Kin Wah Winnie

 

 

Date of Birth

15.04.1956

Appointment Date

04.05.2011

Nationality

GREAT BRITAIN

Function

Actual Member of Board

 

Name

Kerminen Harri Lasse Juhani

 

 

Date of Birth

27.05.1951

Appointment Date

23.03.2010

Nationality

FINLAND

Function

Managing director

 

Name

Tuomas Kerttu Maria

 

 

Date of Birth

19.03.1957

Appointment Date

04.05.2011

Nationality

FINLAND

Function

Actual Member of Board

 

 

Other Company Officials

 

Name

Zangrillo Gallinaro Maria Anna

 

 

Date of Birth

16.12.1974

Appointment Date

21.03.2011

Nationality

ITALY

Function

Procurist

 

Name

Pajamo Pekka Kaarlo Antero

 

 

Date of Birth

07.08.1962

Appointment Date

04.05.2006

Nationality

FINLAND

Function

Principal accountant

 

Name

Matula Antti Oskari Jouninpoika

 

 

Date of Birth

31.10.1976

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Syväpuro Tarmo Matti

 

 

Date of Birth

06.03.1953

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Ilvonen Terhi Talvikki

 

 

Date of Birth

09.11.1971

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Törmänen Tuomas Kristian

 

 

Date of Birth

02.11.1971

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Virolainen Hannu Juhana

 

 

Date of Birth

13.05.1963

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Saari Kari Veikko

 

 

Date of Birth

29.03.1955

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Grönlund Jari Christer Gideon

 

 

Date of Birth

20.07.1959

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Kylander Kaj Håkan

 

 

Date of Birth

03.06.1953

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

de Almeida Hilton Casas

 

 

Date of Birth

06.08.1961

Appointment Date

21.03.2011

Nationality

BRAZIL

Function

Procurist

 

Name

Lervik Johan Erik

 

 

Date of Birth

07.02.1953

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Moilanen Esa Yrjö Juhani

 

 

Date of Birth

28.08.1955

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Nenonen Olli Matti

 

 

Date of Birth

30.03.1958

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Salminen Aarno Antero

 

 

Date of Birth

08.01.1956

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Helsky Petri Olavi

 

 

Date of Birth

09.04.1966

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Lapinleimu Matti Antero

 

 

Date of Birth

20.07.1957

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Arasjärvi Raija Maria

 

 

Date of Birth

01.08.1957

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Mäki-Kala Jyrki Mikael

 

 

Date of Birth

09.02.1961

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Nokkanen Juha Antero

 

 

Date of Birth

02.08.1957

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Nordlund Leena-Marika

 

 

Date of Birth

15.03.1974

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Kwan Ronald

 

 

Date of Birth

26.02.1957

Appointment Date

21.03.2011

Nationality

CANADA

Function

Procurist

 

Name

Lösönen Jani Juhani

 

 

Date of Birth

18.06.1976

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Mäntysaari Timo Markus

 

 

Date of Birth

30.04.1960

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Nysten Kenneth Edvard

 

 

Date of Birth

07.09.1958

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Oinonen Jukka Erkki Antero

 

 

Date of Birth

16.10.1969

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Savolainen Jarmo Ossian

 

 

Date of Birth

11.10.1953

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Siirilä Jukka Sakari

 

 

Date of Birth

31.12.1963

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Fabricius Jori Wilhelm

 

 

Date of Birth

17.02.1963

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Jyrkinen Raisa Maria

 

 

Date of Birth

10.12.1969

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Taajamaa Marjo Johanna

 

 

Date of Birth

04.10.1976

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Tuura Leena Johanna

 

 

Date of Birth

17.03.1961

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Fagerholm Heidi Maria

 

 

Date of Birth

23.11.1964

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Keskinen Tuomo Tapani

 

 

Date of Birth

03.07.1959

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Kurtén Ulrika Pia Maria

 

 

Date of Birth

19.12.1967

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Lie Leena Hannele

 

 

Date of Birth

25.07.1968

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Muotio-Tienhaara Päivi Johanna

 

 

Date of Birth

25.08.1962

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Ojanpää Jari-Pekka

 

 

Date of Birth

08.09.1966

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Pirneskoski Ari Mikko

 

 

Date of Birth

21.09.1972

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Räty Timo-Pekka

 

 

Date of Birth

04.03.1966

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Salonen Eeva Maija

 

 

Date of Birth

17.02.1960

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Salonen Paula Kaarina

 

 

Date of Birth

11.01.1966

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Jansson Kaj Eino Mikael

 

 

Date of Birth

18.10.1961

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Luojus Juha Kalervo

 

 

Date of Birth

06.04.1965

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Pohjolainen-Hiltunen Tuija Johanna

 

 

Date of Birth

10.01.1966

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Pollari Ilkka Tapani

 

 

Date of Birth

18.09.1956

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Ryhänen Jukka Olavi

 

 

Date of Birth

29.05.1968

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Hakkila Jukka Eljas

 

 

Date of Birth

25.11.1960

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Jantunen Aija Helena

 

 

Date of Birth

23.03.1958

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Johnsson Pekka Micael

 

 

Date of Birth

17.10.1961

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Karhula Esa Olavi

 

 

Date of Birth

11.05.1954

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Kavander Anders Carl Niclas

 

 

Date of Birth

07.01.1970

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Dromberg Jaana Kristiina

 

 

Date of Birth

08.04.1962

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Savolainen Juha Antero

 

 

Date of Birth

06.04.1968

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Svedman Anders Mikael

 

 

Date of Birth

11.05.1968

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Engman Elina Katariina

 

 

Date of Birth

01.12.1970

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Jokinen Päivi Irmeli

 

 

Date of Birth

10.10.1968

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Talus Mervi Hannele

 

 

Date of Birth

22.12.1960

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Kangastalo Juha Antero

 

 

Date of Birth

10.03.1958

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Kokkonen Timo Vesa Olavi

 

 

Date of Birth

03.04.1962

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Laitinen Mikko Olavi

 

 

Date of Birth

10.09.1973

Appointment Date

21.03.2011

Nationality

FINLAND

Function

Procurist

 

Name

Owens Randy Terrell

 

 

Date of Birth

05.10.1964

Appointment Date

21.03.2011

Nationality

UNITED STATES

Function

Procurist



Financial Statement

 

Year

2010

2009



Holding Company

-

Companies in Group

212

Ultimate Holding Company

KEMIRA OYJ

Ownership Status

Ultimately Owned

 

Subsidiaries

 

Company Name

 

Country

Trade Registry Number

Business ID

Latest Key Financials

Ownership

KEMIRA CHEMSOLUTIONS BV

 

NETHERLANDS

-

-

-

100%

KEMIRA GROWHOW SCC BV

 

NETHERLANDS

-

-

-

100%

KEMIRA SPECIALTY CROP CARE B.V.

 

NETHERLANDS

-

-

-

100%

KEMIRA CHEMICALS BV

 

NETHERLANDS

679545

-

31.05.2010

100%

KEMIRA NETHERLAND HOLDING BV

 

NETHERLANDS

-

-

-

100%

KEMIRA INTERNATIONAL FINANCE BV

 

NETHERLANDS

-

-

-

100%

KEMIRA WATER SOLUTIONS BV

 

NETHERLANDS

-

-

-

100%

KEMIRA POLYMERS MANUFACTURING BV

 

NETHERLANDS

-

-

-

100%

KEMIRA CHEMICALS S.A/N.V.

 

BELGIUM

-

-

-

100%

KEMIRA WATER SOLUTIONS BRASIL

 

BRAZIL

-

-

-

100%

KEMIRA CHEMICALS BRASIL LTDA

 

BRAZIL

-

-

-

100%

KEMWATER BRASIL SA

 

BRAZIL

-

-

-

67%

NHEEL QUIMICA LTDA

 

BRAZIL

-

-

-

100%

EMPRESA LAJEANA LTDA

 

BRAZIL

-

-

-

100%

KEMIRA CHILE COMERCIAL LIMITADA

 

CHILE

-

-

-

99%

KEMIRA SPECIALTY CROP CARE ESPAÑA S.A.

 

SPAIN

-

-

-

100%

KEMIRA IBERICA SA

 

SPAIN

625770

-

-

100%

KEMIRA HONG KONG COMPANY LTD

 

HONG KONG

-

-

-

100%

PT KEMIRA INDONESIA

 

INDONESIA

-

-

-

75%

KEMIRA CHEMICALS INDIA PRIVATE LTD

 

INDIA

-

-

-

100%

KEMIRA CHIMICA SPA

 

ITALY

-

-

-

100%

KEMIRA CHEMIE GESMBH

 

AUSTRIA

-

-

-

100%

KEMIRA JAPAN KK

 

JAPAN

-

-

-

100%

KEMIRA CHEMICALS CANADA INC.

 

CANADA

-

-

-

100%

FINNCHEM CANADA INC

 

CANADA

-

-

-

100%

KEMIRA WATER SOLUTIONS (CHONGQING) CO LTD

 

CHINA

-

-

-

80%

KEMIRA CHEMICALS (SHANGHAI) CO LTD

 

CHINA

-

-

-

100%

KEMIRA (YIXING) CO LTD

 

CHINA

-

-

-

100%

KEMIRA-TIANCHENG CHEMICALS (YANZHOU) CO LTD

 

CHINA

-

-

-

51%

KEMIRA KOREA CORPORATION

 

KOREA, REPUBLIC OF

-

-

-

100%

KEMIRA DE MEXICO S.A.DE C.V.

 

MEXICO

-

-

-

100%

KEMIRA CHEMICALS AS

 

NORWAY

-

-

-

100%

KEMIRA CELL SPOLKA Z.O.O

 

POLAND

-

-

-

55%

KEMIRA-SWIECIE SP ZO.O

 

POLAND

-

-

-

100%

KEMIPOL SPZOO

 

POLAND

-

-

-

51%

KEMIRA CHIMIE SA

 

FRANCE

-

-

-

100%

KEMIRA CHIMIE S.A.S.U.

 

FRANCE

-

-

-

100%

KEMWATER CHIMBIS SA

 

ROMANIA

-

-

-

76%

KEMWATER CRISTAL SA

 

ROMANIA

-

-

-

79%

KEMIRA KEMI AB

 

SWEDEN

-

-

-

100%

INDUSTRY PARK OF SWEDEN AB

 

SWEDEN

-

-

-

100%

KEMIRA GERMANY GMBH

 

GERMANY

-

-

-

100%

KEMIRA ASIA PACIFIC PTE LTD

 

SINGAPORE

-

-

-

100%

KEMIFLOC SLOVAKIA SRO

 

SLOVAKIA

-

-

-

51%

KEMIRA KTM DOO

 

SLOVENIA

-

-

-

100%

OY GALVATEK AB

 

FINLAND

278869

03566210

31.12.2009

100%

TIKKURILA OY

 

FINLAND

36352

01970674

31.12.2010

100%

SPRUCE VAKUUTUS OY

 

FINLAND

108231

01170810

-

100%

KEMIRA CHEMICALS OY

 

FINLAND

689118

10716002

31.12.2009

100%

KEMIRA CHEMICALS HOLDING OY

 

FINLAND

-

17408950

-

100%

KEMIRA CHEMICALS HOLDING OY

 

FINLAND

-

17408950

-

100%

KEMIRA TAIWAN CORPORATION

 

TAIWAN, PROVINCE OF CHINA

-

-

-

100%

KEMIRA WATER DANMARK A/S

 

DENMARK

-

-

-

100%

SCANDINAVIAN TANKING SYSTEM A/S

 

DENMARK

-

-

-

100%

KEMIRA GROWHOW A/S

 

DENMARK

-

-

-

100%

TIKKURILA SRO

 

CZECH REPUBLIC

-

-

-

100%

KEMIFLOC AS

 

CZECH REPUBLIC

-

-

-

51%

KEMIPOL UKRAINA LTD

 

UKRAINE

-

-

-

100%

KEMIRA URUGUAY SA

 

URUGUAY

-

-

-

100%

CORPORACION KEMIRA CHEMICALS DE VENEZUELA CA

 

VENEZUELA

-

-

-

100%

OOO KEMIRAHIM

 

RUSSIAN FEDERATION

-

-

-

100%

AS KEMIVESI

 

ESTONIA

-

-

-

100%

KEMIRA CHEMICALS (UK) LTD

 

UNITED KINGDOM

-

-

-

100%

KEMIRA WATER SOLUTIONS INC

 

UNITED STATES

-

-

-

100%

KEMIRA SPECIALTY CHEMICALS INC.

 

UNITED STATES

-

-

-

100%

KEMIRA CHEMICALS INC

 

UNITED STATES

-

-

-

100%

KEMIRA CHEMICALS (UK) LTD

 

GREAT BRITAIN

-

-

-

100%

KEMIRA WATER SOLUTIONS INC

 

UNITED STATES

-

-

-

100%

KEMIRA SPECIALTY CHEMICALS INC.

 

UNITED STATES

-

-

-

100%

KEMIRA CHEMICALS INC

 

UNITED STATES

-

-

-

100%

KEMIRA KOREA CORPORATION

 

KOREA, REPUBLIC OF

-

-

-

100%

TIKKURILA SRO

 

CZECH REPUBLIC

-

-

-

100%

KEMIFLOC AS

 

CZECH REPUBLIC

-

-

-

51%

 

 

Minority Shares

 

Company Name

 

Country

Trade Registry Number

Business ID

Latest Key Financials

Ownership

KEMIRA ARGENTINA S.A.

 

ARGENTINA

-

-

-

16%

KEMWATER PHIL. CORP.

 

PHILIPPINES

-

-

-

40%

H-D TECH INC

 

CANADA

-

-

-

50%

ALIADA QUIMICA DE PORTUGAL LDA

 

PORTUGAL

-

-

-

50%

BNH NYA HEMBUTIKERNA AB

 

SWEDEN

-

-

-

45%

ALCRO PARTI AB

 

SWEDEN

-

-

-

50%

HONKALAHDEN TEOLLISUUSLAITURI OY

 

FINLAND

340271

05800461

-

50%

HAAPAVEDEN YMPÄRISTÖPALVELUT OY

 

FINLAND

-

18785782

31.12.2009

41%

GALVATEK TECHNOLOGY OY

 

FINLAND

-

18324927

-

40%

HAAPAVEDEN PUHDISTAMO OY

 

FINLAND

-

17694387

31.12.2008

41%

EKOMUOVI OY

 

FINLAND

-

17133635

31.03.2010

22%

WHITE PIGMENT LLC

 

UNITED STATES

-

-

-

39%

WHITE PIGMENT LLC

 

UNITED STATES

-

-

-

39%

 

 

Group Structure

 

Company Name

 

Country

Trade Registry Number

Business ID

Latest Key Financials

Ownership

KEMIRA CHEMSOLUTIONS BV

 

NETHERLANDS

-

-

-

100%

KEMIRA GROWHOW SCC BV

 

NETHERLANDS

-

-

-

100%

KEMIRA SPECIALTY CROP CARE B.V.

 

NETHERLANDS

-

-

-

100%

KEMIRA ITT B.V

 

NETHERLANDS

-

-

-

100%

TIKKURILA COATINGS BV

 

NETHERLANDS

-

-

-

100%

KEMIRA CHEMICALS BV

 

NETHERLANDS

679545

-

31.05.2010

100%

KEMIRA NETHERLAND HOLDING BV

 

NETHERLANDS

-

-

-

100%

KEMIRA INTERNATIONAL FINANCE BV

 

NETHERLANDS

-

-

-

100%

KEMIRA WATER SOLUTIONS BV

 

NETHERLANDS

-

-

-

100%

KEMIRA POLYMERS MANUFACTURING BV

 

NETHERLANDS

-

-

-

100%

KEMIRA ARGENTINA S.A.

 

ARGENTINA

-

-

-

16%

KEMIRA CHEMICALS S.A/N.V.

 

BELGIUM

-

-

-

100%

KEMIRA WATER SOLUTIONS BRASIL

 

BRAZIL

-

-

-

100%

KEMIRA CHEMICALS BRASIL LTDA

 

BRAZIL

-

-

-

100%

KEMWATER BRASIL SA

 

BRAZIL

-

-

-

67%

NHEEL QUIMICA LTDA

 

BRAZIL

-

-

-

100%

EMPRESA LAJEANA LTDA

 

BRAZIL

-

-

-

100%

KEMIRA CHILE COMERCIAL LIMITADA

 

CHILE

-

-

-

99%

KEMIRA SPECIALTY CROP CARE ESPAÑA S.A.

 

SPAIN

-

-

-

100%

KEMIRA IBERICA SA

 

SPAIN

625770

-

-

100%

KEMWATER PHIL. CORP.

 

PHILIPPINES

-

-

-

40%

KEMIRA HONG KONG COMPANY LTD

 

HONG KONG

-

-

-

100%

PT KEMIRA INDONESIA

 

INDONESIA

-

-

-

75%

KEMIRA CHEMICALS INDIA PRIVATE LTD

 

INDIA

-

-

-

100%

KEMIRA CHIMICA SPA

 

ITALY

-

-

-

100%

KEMIRA CHEMIE GESMBH

 

AUSTRIA

-

-

-

100%

KEMIRA JAPAN KK

 

JAPAN

-

-

-

100%

KEMIRA WATER SOLUTIONS CANADA INC

 

CANADA

-

-

-

100%

H-D TECH INC

 

CANADA

-

-

-

50%

KEMIRA CHEMICALS CANADA INC.

 

CANADA

-

-

-

100%

FINNCHEM CANADA INC

 

CANADA

-

-

-

100%

TOO TIKKURILA

 

KAZAKHSTAN

-

-

-

100%

KEMIRA WATER SOLUTIONS (CHONGQING) CO LTD

 

CHINA

-

-

-

80%

KEMIRA CHEMICALS (SHANGHAI) CO LTD

 

CHINA

-

-

-

100%

KEMIRA (YIXING) CO LTD

 

CHINA

-

-

-

100%

KEMIRA-TIANCHENG CHEMICALS (YANZHOU) CO LTD

 

CHINA

-

-

-

51%

TIKKURILA BEIJING PAINTS CO LTD

 

CHINA

-

-

-

100%

KEMIRA KOREA CORPORATION

 

KOREA, REPUBLIC OF

-

-

-

100%

SIA TIKKURILA-VIVACOLOR

 

LATVIA

-

-

-

100%

UAB TIKKURILA-VIVACOLOR

 

LITHUANIA

-

-

-

100%

KEMIRA DE MEXICO S.A.DE C.V.

 

MEXICO

-

-

-

100%

KEMIRA CHEMICALS AS

 

NORWAY

-

-

-

100%

TIKKURILA NORGE A/S

 

NORWAY

-

-

-

100%

ALIADA QUIMICA DE PORTUGAL LDA

 

PORTUGAL

-

-

-

50%

GALVATEK POLSKA SP. ZO.O.

 

POLAND

-

-

-

100%

TIKKURILA POLSKA SA

 

POLAND

-

-

-

100%

KEMIRA CELL SPOLKA Z.O.O

 

POLAND

-

-

-

55%

KEMIRA-SWIECIE SP ZO.O

 

POLAND

-

-

-

100%

TIKKURILA COATINGS SPZOO

 

POLAND

-

-

-

100%

KEMIPOL SPZOO

 

POLAND

-

-

-

51%

KEMIRA CHIMIE SA

 

FRANCE

-

-

-

100%

KEMIRA CHIMIE S.A.S.U.

 

FRANCE

-

-

-

100%

KEMWATER CHIMBIS SA

 

ROMANIA

-

-

-

76%

KEMWATER CRISTAL SA

 

ROMANIA

-

-

-

79%

TIKKURILA JUB ROMANIA S.R.L.

 

ROMANIA

-

-

-

100%

TELIASONERA AB

 

SWEDEN

-

-

-

14%

KEMIRA KEMI AB

 

SWEDEN

-

-

-

100%

BNH NYA HEMBUTIKERNA AB

 

SWEDEN

-

-

-

45%

INDUSTRY PARK I HELSINGBORG FÖRVALTNING AB

 

SWEDEN

-

-

-

100%

GALVATEK SWEDEN AB

 

SWEDEN

-

-

-

100%

ALCRO PARTI AB

 

SWEDEN

-

-

-

50%

TIKKURILA COATINGS AB

 

SWEDEN

-

-

-

100%

ALCRO-BECKERS AB

 

SWEDEN

-

-

-

100%

INDUSTRY PARK OF SWEDEN AB

 

SWEDEN

-

-

-

100%

KEMIRA KOPPARVERKET KB

 

SWEDEN

-

-

-

100%

FÄRGGLÄDJE MÅLERIBUTIKEN I ALVIK AB

 

SWEDEN

-

-

-

100%

DICKURSBY HOLDING AB

 

SWEDEN

-

-

-

70%

KEMIRA GERMANY GMBH

 

GERMANY

-

-

-

100%

PIGROL FARBEN GMBH

 

GERMANY

-

-

-

100%

KEMIRA ASIA PACIFIC PTE LTD

 

SINGAPORE

-

-

-

100%

KEMIFLOC SLOVAKIA SRO

 

SLOVAKIA

-

-

-

51%

TIKKURILA SLOVAKIA S.R.O.

 

SLOVAKIA

-

-

-

100%

KEMIRA KTM DOO

 

SLOVENIA

-

-

-

100%

AS OY HELSINGIN SANTAHAMINA 35

 

FINLAND

-

17404247

-

100%

AS OY HELSINGIN SANTAHAMINA C31-C34

 

FINLAND

-

17404271

-

100%

AS OY HELSINGIN SANTAHAMINA C2,C5,C6

 

FINLAND

-

17404351

-

100%

AS OY HELSINGIN POHJOISRANTA 24

 

FINLAND

787792

16063639

-

100%

AS OY HATTULAN VAINIO

 

FINLAND

787334

16057175

-

100%

AS OY HATTULAN NUMMI

 

FINLAND

-

17404212

-

100%

AS OY HAMINAN SIBELIUSKATU 1 A JA B

 

FINLAND

788793

16124024

-

100%

AS OY HAMINAN KASARMIKATU 7

 

FINLAND

788171

16124411

-

100%

ARAVAKRUUNU OY

 

FINLAND

-

17368418

31.12.2008

100%

ASUNTO OY KAJAANIN HOIKANKANGAS 6,9 JA 10

 

FINLAND

767332

15523437

-

100%

KRUUNUASUNNOT OY

 

FINLAND

762972

15449513

31.12.2010

100%

METSO OYJ

 

FINLAND

765008

15380325

31.12.2010

11%

STORA ENSO OYJ

 

FINLAND

676550

10390508

31.12.2010

12%

SOLIDIUM OY

 

FINLAND

-

08666931

-

-

SPONDA OYJ

 

FINLAND

525102

08666923

31.12.2010

34%

KUGGSKÄR OY

 

FINLAND

209341

06700550

-

100%

OUTOKUMPU OYJ

 

FINLAND

70759

02152542

31.12.2010

31%

SAMPO OYJ

 

FINLAND

46425

01422133

-

14%

RAUTARUUKKI OYJ

 

FINLAND

154820

01132769

31.12.2010

40%

KIINT OY HÄMEENLINNAN VANHANKAUPUNGIN PIHA

 

FINLAND

-

21243685

-

100%

VANHANKAUPUNGIN SAUNA OY

 

FINLAND

-

21125179

-

100%

VALKEALAN VEKARANRANTA AS OY

 

FINLAND

-

17404087

-

100%

MIKKELIN TYRJÄNLINNA AS OY

 

FINLAND

787140

16048279

-

100%

HÄMEENLINNAN VANHANKAUPUNGIN SYDÄN AS OY

 

FINLAND

-

20838405

-

100%

HÄMEENLINNAN UPSEERINRANTA AS OY

 

FINLAND

-

20838322

-

100%

HÄMEENLINNAN KENRAALINTALO AS OY

 

FINLAND

-

20819240

-

100%

AS OY HÄMEENLINNAN PIENI PORTTI

 

FINLAND

-

19625545

-

100%

AS OY TURUN ILOT JA SURUT

 

FINLAND

-

19343636

-

100%

KIINT OY HELSINGIN MANNERHEIMINTIE 162

 

FINLAND

787793

16063612

-

100%

KIINT OY LAHDEN RAUTATIENKATU 28

 

FINLAND

-

19285018

-

100%

AS OY VALKEALAN VEKARANMESTARI 21-25

 

FINLAND

-

17404124

-

100%

AS OY VALKEALAN VEKARANKULMA 7-10

 

FINLAND

-

17404116

-

100%

AS OY VAALIMAAN TULLIRINNE

 

FINLAND

801379

16458075

-

100%

AS OY TUUSULAN VARUSKUNNANKOTO 64-68

 

FINLAND

-

17404386

-

100%

AS OY TUUSULAN VARUSKUNNANKOTO 5

 

FINLAND

-

17404394

-

100%

AS OY TUUSULAN VARUSKUNNANKOTO 2

 

FINLAND

-

17404407

-

100%

AS OY TURUN RÄTIÄLÄNKATU 15

 

FINLAND

789351

16068659

-

100%

AS OY TAMPEREEN VÄINÖLÄNKATU 24

 

FINLAND

787788

16041114

-

100%

AS OY TAMPEREEN VÄINÖLÄNKATU 22

 

FINLAND

787625

16041149

-

100%

AS OY TAMPEREEN SOTILAANKATU 5-9

 

FINLAND

787986

16041181

-

100%

AS OY TAMPEREEN AITOVUORENTIE 11

 

FINLAND

-

17404052

-

100%

AS OY TAMMISAAREN DRAGSVIKINPUISTO 30-32

 

FINLAND

-

17405645

-

100%

AS OY TAMMISAAREN DRAGSVIKINPUISTO 28

 

FINLAND

-

17405629

-

100%

AS OY TAMMISAAREN DRAGSVIKINPUISTO 27

 

FINLAND

-

17405602

-

100%

AS OY TAMMISAAREN DRAGSVIKINPUISTO 25

 

FINLAND

-

17405637

-

100%

AS OY SÄKYLÄN VARUSKUNNANPIHA 7-17

 

FINLAND

-

17404466

-

100%

AS OY SÄKYLÄN VARUSKUNNANPIHA 1-5

 

FINLAND

-

17404458

-

100%

AS OY SÄKYLÄN VARUSKUNNANKOTO 25

 

FINLAND

-

17404482

-

100%

AS OY SODANKYLÄN VARUSKUNNANPIHA 73-74

 

FINLAND

-

17403973

-

100%

AS OY SODANKYLÄN VARUSKUNNANPIHA 7-10

 

FINLAND

-

17408547

-

100%

AS OY SODANKYLÄN VARUSKUNNANPIHA 69-72

 

FINLAND

-

17403965

-

100%

AS OY SODANKYLÄN VARUSKUNNANKOTO 75-76

 

FINLAND

-

17403981

-

100%

AS OY SODANKYLÄN VARUSKUNNANKOTO 6

 

FINLAND

-

17408520

-

100%

AS OY SODANKYLÄN VARUSKUNNANKOTO 1

 

FINLAND

-

17408475

-

100%

AS OY SIILINJÄRVEN RISSALANPUISTO

 

FINLAND

-

17403930

-

100%

AS OY SOMERONHARJUNRIVI 7-12

 

FINLAND

-

17405696

-

100%

AS OY SOMERONHARJUNRIVI 1-6

 

FINLAND

-

17405709

-

100%

AS OY ROVANIEMEN EVAKKOTIE 75 G-L

 

FINLAND

787339

16050504

-

100%

AS OY RIIHIMÄEN VARUSKUNNANKOTO 47

 

FINLAND

-

17404159

-

100%

AS OY RIIHIMÄEN VARUSKUNNANKOTO 42-46

 

FINLAND

-

17404175

-

100%

AS OY RIIHIMÄEN VARUSKUNNANKOTO 158-159

 

FINLAND

-

17404220

-

100%

AS OY MIKKELIN LINNANMÄENKATU 2-4

 

FINLAND

787141

16048308

-

100%

AS OY MIKKELIN KARKIALAMMENRINNE

 

FINLAND

-

17404140

-

100%

AS OY LAPPEENRANNAN YRJÖNKATU 1

 

FINLAND

787345

16040234

-

100%

AS OY LAPPEENRANNAN VALTAKATU 10-16

 

FINLAND

787344

16040162

-

100%

AS OY LAHDEN VARUSKUNNANPUISTO 5-8

 

FINLAND

786717

16061713

-

100%

AS OY LAHDEN VARUSKUNNANPUISTO 3-4

 

FINLAND

786630

16038126

-

100%

AS OY LAHDEN VARUSKUNNANPUISTO 1-2

 

FINLAND

786629

16038089

-

100%

AS OY LAHDEN VAPAUDENKATU 12

 

FINLAND

-

19285026

-

100%

AS OY KUOREVEDEN HALLIN LENTO

 

FINLAND

786986

16047575

-

100%

AS OY KUOPION SOMPATIE 5

 

FINLAND

787787

16049327

-

100%

AS OY KUOPION HATSALANKRUUNU

 

FINLAND

787981

16049431

-

100%

AS OY KONTIOLAHDEN JOSEFIINA

 

FINLAND

786719

16044972

-

100%

AS OY KIRKKONUMMEN UPINNIEMEN RANTATIE 3

 

FINLAND

-

17404984

-

100%

AS OY KIRKKONUMMEN UPINNIEMEN RANTATIE 17-19

 

FINLAND

-

17404925

-

100%

AS OY KIRKKONUMMEN UPINNIEMEN RANTATIE 1-2

 

FINLAND

-

17404992

-

100%

K:NUMMEN UPINNIEMEN RAKENTAJANTIE 23-24 AS OY

 

FINLAND

-

17404909

-

100%

AS OY KIRKKONUMMEN UPINNIEMEN MERITIE 42-45

 

FINLAND

-

17404896

-

100%

AS OY KEURUUN VARUSKUNNANPIHA 12-13

 

FINLAND

-

17404845

-

100%

AS OY KANKAANPÄÄN VARUSKUNNANRANTA

 

FINLAND

-

17404706

-

100%

AS OY KANKAANPÄÄN RANTATIE 1

 

FINLAND

-

17404677

-

100%

AS OY KANKAANPÄÄN KOTITIE 13-17

 

FINLAND

-

17404730

-

100%

AS OY KANKAANPÄÄN KOTIKAARI 3

 

FINLAND

-

17404669

-

100%

AS OY JYVÄSKYLÄN TYYPPÄLÄNTIE 11-17

 

FINLAND

787485

16059971

-

100%

JYVÄSKYLÄN MLK:N NAARANTIE 4-5 AS OY

 

FINLAND

-

17405784

-

100%

AS OY JYVÄSKYLÄN MLK:N ITÄRANTA 29-31

 

FINLAND

-

17405848

-

100%

AS OY JYVÄSKYLÄN MLK:N ITÄRANTA 28

 

FINLAND

-

17405856

-

100%

AS OY JYVÄSKYLÄN MLK:N ITÄRANTA 16-21

 

FINLAND

-

17405725

-

100%

AS OY JOENSUUN KIRKKOKULMA 2

 

FINLAND

786756

16044550

-

100%

AS OY HÄMEENLINNAN VUORIKATU 20

 

FINLAND

786842

16045051

-

100%

AS OY HÄMEENLINNAN LAHDENSIVUNTIE 41

 

FINLAND

786985

16045246

-

100%

AS OY HÄMEENLINNAN AULANGONLINNA

 

FINLAND

786984

16045107

-

100%

AS OY HELSINGIN SANTAHAMINA C9

 

FINLAND

-

17404298

-

100%

AS OY HELSINGIN SANTAHAMINA C37, C39

 

FINLAND

-

17404239

-

100%

HONKALAHDEN TEOLLISUUSLAITURI OY

 

FINLAND

340271

05800461

-

50%

OY GALVATEK AB

 

FINLAND

278869

03566210

31.12.2009

100%

TIKKURILA OY

 

FINLAND

36352

01970674

31.12.2010

100%

SPRUCE VAKUUTUS OY

 

FINLAND

108231

01170810

-

100%

KEMIRA CHEMICALS OY

 

FINLAND

689118

10716002

31.12.2009

100%

KEMIRA PPC GERMANY GMBH

 

FINLAND

-

20315026

-

100%

HAAPAVEDEN YMPÄRISTÖPALVELUT OY

 

FINLAND

-

18785782

31.12.2009

41%

GALVATEK TECHNOLOGY OY

 

FINLAND

-

18324927

-

40%

HAAPAVEDEN PUHDISTAMO OY

 

FINLAND

-

17694387

31.12.2008

41%

KEMIRA CHEMICALS HOLDING OY

 

FINLAND

-

17408950

-

100%

KEMIRA CHEMICALS HOLDING OY

 

FINLAND

-

17408950

-

100%

EKOMUOVI OY

 

FINLAND

-

17133635

31.03.2010

22%

KEMIRA TAIWAN CORPORATION

 

TAIWAN, PROVINCE OF CHINA

-

-

-

100%

KEMIRA WATER DANMARK A/S

 

DENMARK

-

-

-

100%

SCANDINAVIAN TANKING SYSTEM A/S

 

DENMARK

-

-

-

100%

TIKKURILA DANMARK A/S

 

DENMARK

-

-

-

100%

KEMIRA GROWHOW A/S

 

DENMARK

-

-

-

100%

TIKKURILA SRO

 

CZECH REPUBLIC

-

-

-

100%

KEMWATER PROCHEMIE S.R.O.

 

CZECH REPUBLIC

-

-

-

90%

KEMIFLOC AS

 

CZECH REPUBLIC

-

-

-

51%

TOV TIKKURILA

 

UKRAINE

-

-

-

100%

ISANTA LLC

 

UKRAINE

-

-

-

100%

KEMIPOL UKRAINA LTD

 

UKRAINE

-

-

-

100%

TIKKURILA KFT

 

HUNGARY

-

-

-

100%

KEMIRA URUGUAY SA

 

URUGUAY

-

-

-

100%

IP TIKKURILA

 

BELARUS

-

-

-

100%

CORPORACION KEMIRA CHEMICALS DE VENEZUELA CA

 

VENEZUELA

-

-

-

100%

OOO KEMIRAHIM

 

RUSSIAN FEDERATION

-

-

-

100%

ZAO KEMIRA EKON

 

RUSSIAN FEDERATION

-

-

-

100%

OOO TIKKURILA COATINGS

 

RUSSIAN FEDERATION

-

-

-

100%

OOO TIKKURILA

 

RUSSIAN FEDERATION

-

-

-

100%

OOO TIKKURILA POWDER COATINGS

 

RUSSIAN FEDERATION

-

-

-

70%

OOO GAMMA INDUSTRIAL COATINGS

 

RUSSIAN FEDERATION

-

-

-

70%

AS TIKKURILA-VIVACOLOR

 

ESTONIA

-

-

-

100%

AS KEMIVESI

 

ESTONIA

-

-

-

100%

KEMIRA CHEMICALS (UK) LTD

 

UNITED KINGDOM

-

-

-

100%

KEMIRA LOGISTICS INC

 

UNITED STATES

-

-

-

100%

KEMIRA WATER SOLUTIONS INC

 

UNITED STATES

-

-

-

100%

KEMIRA SPECIALTY CHEMICALS INC.

 

UNITED STATES

-

-

-

100%

HTC AUGUSTA INC

 

UNITED STATES

-

-

-

100%

FINNCHEM USA INC

 

UNITED STATES

-

-

-

100%

FINNISH CHEMICALS CORPORATION

 

UNITED STATES

691377

-

31.12.2010

100%

KEMIRA CHEMICALS INC

 

UNITED STATES

-

-

-

100%

WHITE PIGMENT LLC

 

UNITED STATES

-

-

-

39%

KEMIRA CHEMICALS (UK) LTD

 

GREAT BRITAIN

-

-

-

100%

KEMIRA LOGISTICS INC

 

UNITED STATES

-

-

-

100%

KEMIRA WATER SOLUTIONS INC

 

UNITED STATES

-

-

-

100%

KEMIRA SPECIALTY CHEMICALS INC.

 

UNITED STATES

-

-

-

100%

HTC AUGUSTA INC

 

UNITED STATES

-

-

-

100%

FINNCHEM USA INC

 

UNITED STATES

-

-

-

100%

FINNISH CHEMICALS CORPORATION

 

UNITED STATES

691377

-

31.12.2010

100%

KEMIRA CHEMICALS INC

 

UNITED STATES

-

-

-

100%

WHITE PIGMENT LLC

 

UNITED STATES

-

-

-

39%

KEMIRA KOREA CORPORATION

 

KOREA, REPUBLIC OF

-

-

-

100%

TIKKURILA SRO

 

CZECH REPUBLIC

-

-

-

100%

KEMWATER PROCHEMIE S.R.O.

 

CZECH REPUBLIC

-

-

-

90%

KEMIFLOC AS

 

CZECH REPUBLIC

-

-

-

51%

 

 

Bottom of Form

 

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.44.94

UK Pound

1

Rs.73.46

Euro

1

Rs.64.58

 

 

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

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