MIRA INFORM REPORT

Report Date :

14.06.2011

IDENTIFICATION DETAILS

Name :	OOO AROMAT EKSTRA
Registered Office :	Kostyakova str., 10, Moscow, 125422
Country :	Russia
Financials (as on) :	01.01.2010
Date of Incorporation :	19.02.2003
Com. Reg. No.:	1037700238267
Legal Form :	Limited Liability Company
Line of Business :	Wholesale trade in tea

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 :	70 000 USD
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 – March 31^st, 2011

Country Name	Previous Rating (31.12.2010)	Current Rating (31.03.2011)
Russia	a2	a2

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

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Comments

Information

In your inquiry the former office's address of company Obschestvo s ogranichennoy otvetstvennostyu "AROMAT EKSTRA" (name in English: "AROMA EXTRA" LIMITED LIABILITY COMPANY) is mentioned. We provide the report on this company.

Summary

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "AROMAT EKSTRA"
Legal Form	OOO (Limited Liability Company by Russian Law)
Year of Foundation	1999
Sales	76 054 th RUR for 12 months, ended 01.01.2010
Employees	10 on June, 12, 2011 (company's data)

Creditline Recommendations

Credit Limit

70 000 USD

Company Identification Details

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "AROMAT EKSTRA"
Short Name	OOO "AROMAT EKSTRA"
Name in English	"AROMA EXTRA" LIMITED LIABILITY COMPANY
Address	Avtomotornaya str., 2, bldg. A, office 2, Moscow, 125438, Russian Federation
Legal Address	Kostyakova str., 10, Moscow, 125422, Russian Federation
Phone	+7 (495) 1538302, 4546560
Fax	+7 (495) 1538302, 4546560
E-mail	real-tea@mail.ru
WEB Address	www.real-tea.ru

Official Company Data

Legal Form	OOO (Limited Liability Company by Russian Law)
Date of Registration	19.02.2003
Registration Number	1037700238267
Statistic Code (OKPO)	18919531
Taxpayer Code (INN)	7713213406
Registration Authority	Ministry for Taxes and Duties of Russian Federation

Public Record Information

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "AROMAT EKSTRA" was not included in the published list of bankrupt companies.

Share Capital

Current Share Capital

8 400 RUR

Shareholders

Total	1 private person
Shareholder	Ms Scherbina Larisa Vladimirovna
Nationality	Russian Federation
Share	100 %

Directors

Director	Mr Rogachev Gennadiy Alekseevich
	Signature Right
Nationality	Russian Federation
Taxpayer Code (INN)	771304395268

Re-Registration Data

Initial Registration	09.06.1999
Registration Number	948.981
Registration Authority	Moscow Registration Changes
Date of Registration	19.02.2003
	(Entering into the Single State Register of Legal Entities)
Registration Number	1037700238267
Registration Authority	Ministry for Taxes and Duties of Russian Federation

Operations

Activities	Wholesale trade in tea. The company sells goods under brands: "Real", «Bird of paradise», «Heladiv».
Staff Employed	10 on June, 12, 2011 (company's data)

Real Estate

Own	None
Rent	Office Address: Avtomotornaya str., 2, bldg. A, office 2, Moscow, 125438, Russian Federation (company's data) Warehouse Address: Avtomotornaya str., 2, bldg. A, Moscow, 125438, Russian Federation (company's data)

Export & Import

Export Countries	2007-2010, for 2 months 2011: No Export Activity
Exported Goods	none
Export Value	none
Import Countries	2010: Shri-Lanka 2007: Shri-Lanka
Imported Goods	tea
Import Value	for 2 months 2011: none in 2010: 45 154 USD in 2008-2009: none in 2007: 40 828 USD

Branches

Branch

None

Participation

Information

None

Related Companies

Information

Ms Scherbina Larisa Vladimirovna is also the shareholder of company OOO TORGOVIY DOM "AMIDASOL'" Registration Number: 5067746903802

Bankers

Bank	ZAO "RAYFFAYZENBANK", bank code: 044525788 (Russian Federation)
Account(s)	40702810400001002316 (RUR)

Financial Data

Profit and Loss (extract)

The following figures are shown in units of 1000

Period, months	12	12	12	12
Ended	01.01.2010	01.01.2009	01.01.2008	01.01.2007
Currency	RUR	RUR	RUR	RUR
SALES	76054	61677	47437	36754
Cost of Goods sold	63142	54152	37550	30702
GROSS PROFIT	12912	7525	9887	6052
Distribution Costs	10235	9348	4854	4463
Management Costs
OPERATING PROFIT	2677	-1823	5033	1589
Non Trading Income	-896	-3091	-2983	-1778
PRE TAX PROFIT	1781	-4914	2050	-189
Taxation	435	12	1132	360
PROFIT AFTER TAX	1346	-4926	918	-549

Balance Sheet (extract)

The following figures are shown in units of 1000

As at	01.01.2010	01.01.2009	01.01.2008	01.01.2007
Currency	RUR	RUR	RUR	RUR
TOTAL FIXED ASSETS	191	223	362	366
Intangible Assets	148	180	218	222
Fixed Assets				1
TOTAL CURRENT ASSETS	35925	24404	22001	19376
Stock	16292	10259	10953	9808
Trade debtors	16784	11816	8400	7686
Cash	2843	2322	2524	1876
TOTAL ASSETS	36116	24627	22363	19742
TOTAL EQUITY	2205	859	4620	2395
Share Capital	8	8	8	8
Retained Profits	2197	850	4612	2386
TOTAL LONG TERM LIABS
Long Term Loans
TOTAL CURRENT LIABILITIES	33911	23768	17743	17348
Short Term Loans	5466	5341	8485
Short Term Trade Creditors	28445	18428	9258	17348
TOTAL EQUITY & LIABILITIES	36116	24627	22363	19742

Key Credit Ratios

The following figures are shown as Ratios or Percentages

Accounts Date	01.01.2010	01.01.2009	01.01.2008	01.01.2007
Current Ratio	1,06	1,03	1,24	1,12
Working Capital, x1000 RUR	2014	636	4258	2028
Quick Ratio	0,58	0,6	0,62	0,55
Debt to Equity Ratio	15,38	27,67	3,84	7,24
Current Assets Turnover	2,12	2,53	2,16	1,9
Total Assets Turnover Ratio	2,11	2,5	2,12	1,86
Pre Tax Profit Margin, %	2,34	-7,97	4,32	-0,51
Gross Profit, %	16,98	12,2	20,84	16,47
Return on Investment, %	80,77	-572,06	44,37	-7,89
Return on Assets, %	4,93	-19,95	9,17	-0,96

Clients & Suppliers

Clients

OOO "PLANETA CHAYA" (Russian Federation) OOO "SALYUT-DON" (Russian Federation) ZAO TORGOVYY DOM "RUBIN" (Russian Federation) OOO "SIBCHAY-SERVIS" (Russian Federation) OOO "GALAKTIKA" (Russian Federation) OOO "YUNION" (Russian Federation)

Suppliers

I/S HVA FOODS (PVT) LTD. (Shri-Lanka) MARINE TRANSPORT SERVICES (PVT) LTD. (Shri-Lanka) OOO "LANTAN" (Russian Federation) OOO "VIST" (Russian Federation) OOO "VORTEKS" (Russian Federation) OOO "DIAMANT" (Russian Federation) OOO "LYUDMILA" (Russian Federation) OOO "TP RYABINUSHKA" (Russian Federation) *** The names of foreign partners may be pointed incorrectly as in official documents (declarations) they’re written in Russian. We present our apologies for possible mistakes in transliteration.

Actions at law

The information of Arbitration court of Moscow about judicial claims is presented

Date of registration	11.04.2011
Registration number	A40-37424/11
Plaintiff	OOO "AROMAT EKSTRA"
Defendant	OOO "TORGOVO-PROMYSHLENNAYA KOMPANIYA ORS"
Claim sum	179 401 RUR
Claim category	Default of obligations under the contract

Date of registration	02.08.2010
Registration number	A40-92366/10
Plaintiff	OOO "AROMAT EKSTRA"
Defendant	ZAO "KOMPANIYA "AKTSENT"
Claim sum	246 999 RUR
Claim category	Default of obligations under the contract

Original Financial Data (Russian Accounting Report in English)

Balance Sheet

The following figures are shown in units of 1000

ASSETS	Line code		as at 01.01.2008		as at 01.01.2009		as at 01.01.2010
I. NON-CURRENT ASSETS
Intangible assets	110		218		180		148
Fixed assets	120		-		-		-
Construction in progress	130		101		-		-
Income-bearing investments in tangible assets	135		-		-		-
Long-term financial investments	140		-		-		-
Deferred tax assets	145		-		-		-
Other non-current assets	150		43		43		43
Total section I	190		362		223		191
II. CURRENT ASSETS
Inventories		210		10953		10259		16292
including :
raw materials and other inventories		211		910		1099		968
livestock		212		-		-		-
work in progress		213		-		-		-
finished goods and goods for resale		214		10009		9147		15200
goods dispatched		215		-		-		-
expenses related to future periods		216		34		13		124
other supplies and expenditures		217		-		-		-
Value added tax on purchased goods		220		123		8		6
Accounts receivable (payments expected beyond 12 months after the reporting date)		230		-		-		-
including :
buyers and customers		231		-		-		-
Accounts receivable (payments expected within 12 months after the reporting date)		240		8400		11816		16784
including :
buyers and customers		241		7309		10904		15950
Short-term investments		250		-		-		-
Monetary assets		260		2524		2322		2843
Other current assets		270		-		-		-
Total section II		290		22001		24404		35925
TOTAL SECTIONS I and II		300		22363		24627		36116
EQUITY AND LIABILITIES
III. EQUITY AND RESERVES
Share capital		410		8		8		8
Treasury shares		411		-		-		-
Additional capital		420		-		-		-
Legal reserve		430		-		-		-
including :
reserves and provisions formed in  accordance with legislation		431		-		-		-
reserves formed in accordance  with foundation documents		432		-		-		-
Retained earnings (loss)		470		4612		850		2197
Total section III		490		4620		859		2205
IV. NON-CURRENT LIABILITIES
Borrowings		510		-		-		-
Deferred tax liabilities		515		-		-		-
Other non-current liabilities		520		-		-		-
Total section IV		590		-		-		-
V. CURRENT LIABILITIES
Borrowings		610		8485		5341		5466
Accounts payable		620		9258		18428		28445
including :
suppliers and contractors		621		8370		17725		27833
salaries payable		622		84		188		200
payable to state non-budget funds		623		-		-		57
taxes payable		624		766		463		300
other creditors		625		38		51		56
Dividends payable to participants (shareholders)		630		-		-		-
Income of future periods		640		-		-		-
Reserves for future expenses and payments		650		-		-		-
Other current liabilities		660		-		-		-
Total section V		690		17743		23768		33911
TOTAL SECTIONS III,IV,V		700		22363		24627		36116

PROFIT AND LOSS ACCOUNT

The following figures are shown in units of 1000

PARAMETER	Line code	01.01.2010	01.01.2009	01.01.2008
INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES
Sale of goods, products, work, services (less VAT, excise tax, other similar mandatory payments)	010	76054	61677	47437
Cost of goods, products, work, services sold	020	63142	54152	37550
Gross profit	029	12912	7525	9887
Selling expenses	030	10235	9348	4854
Administrative expenses	040	-	-	-
Profit (loss) from operations	050	2677	-1823	5033
OTHER INCOME AND EXPENSES
Interest income	060	-	-	-
Interest expenses	070	125	335	209
Income from investments in other companies	080	-	-	-
Other operating income	090	-	23	87
Other operating expenses	100	771	2779	2861
Non-operating income	120	-	-	-
Non-operating expenses	130	-	-	-
Profit (loss) before profit tax	140	1781	-4914	2050
Deferred tax assets	141	-	-	-
Deferred tax liabilities	142	-	-	-
Current profit tax	150	435	12	1132
Net profit (loss) for the reporting period	190	1346	-4926	918

Rates of Exchange

RUR - Russian Rouble	01.01.2010:    1 EUR = 43.46 RUR,   1 USD = 30.19 RUR
EUR - EURO	01.01.2009:    1 EUR = 41.43 RUR,   1 USD = 29.39 RUR
USD - US Dollar	01.01.2008:    1 EUR = 35.93 RUR,   1 USD = 24.55 RUR

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.87
UK Pound	1	Rs.72.83
Euro	1	Rs.64.37

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.