MIRA INFORM REPORT

 

 

Report Date :           

17.06.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

OSRAM DO BRASIL LÂMPADAS ELÉTRICAS LTDA

 

 

Registered Office :

Avenida Dos Autonomistas, 4229 - Vila Granada, Zip Code 06090-027 - Osasco/Sp

 

 

Country :

Brazil

 

 

Date of Incorporation :

07.05.1955

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture, Trade, Import and Export of Electrical Lamps.

 

 

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 :

US$ 500.000,00

Status :

Moderate

Payment Behaviour :

Slow but Correct

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)

Brazil

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name  Bottom of Form

 

 

OSRAM DO BRASIL LÂMPADAS ELÉTRICAS LTDA

 

 

Company ADDRESSES

 

MAIN ADDRESS:

AVENIDA DOS AUTONOMISTAS, 4229 - VILA GRANADA

ZIP CODE/CITY:

06090-027 - OSASCO/SP

 

 

PHONE:

11 3684-7352

FAX:

11 3684-7352

E-MAIL:

n.landucci@osram.com.br

WEB SITE:

www.osram.com.br

 

BRANCHES:

 

 

 

ADDRESS:

RUA ERNESTO DE PAULA SANTOS, 960 - SALA 406

ZIP CODE/CITY:

51021-330 RECIFE/PE

PHONE:

81 3465-4083

FAX:

81 3465-4974

 

 

ADDRESS:

RUA 87 - Nº. 560 - SALA 06 - SETOR SUL

ZIP CODE/CITY:

74093-300 GOIÂNIA/GO

PHONE:

62 3281-3500

FAX:

62 3242-0814

 

 

ADDRESS:

RUA 24 DE OUTUBRO, 850 - CONJUNTO 309

ZIP CODE/CITY:

90510-000 PORTO ALEGRE/RS

PHONE:

51 3222-8584

FAX:

51 3222-8289

 

 

ADDRESS:

RUA JOÃO FRANCISCO GONÇALVES, 100 Z - JARDIM COBILANDIA

ZIP CODE/CITY:

29111-970 VILA VELHA/ES

 

FURTHER TO THE ABOVE THE COMPANY ALSO HAS 17 OTHERS BRANCHES.

 

 

LEGAL DATA

 

MAIN ACTIVITIES:

 

MANUFACTURE, TRADE, IMPORT AND EXPORT OF ELECTRICAL LAMPS.

 

LEGAL FORM:

LIMITED LIABILITY COMPANY

 

 

INCORPORATION DATE:

07/05/1955

REGISTER DATE:

07/05/1955

BALANCE SHEET FILING DATE:

31/12

TAX CONTRIBUTOR NUMBER (CNPJ):

61.064.697/0001-58

STATE REGISTER:

492.006.050.111

 

 

SHARE CAPITAL:

R$ 57.308.000,00

 

BOARD OF DIRECTORS:

 

 

 

CHRISTOPH RALF ANDREAS BERENS VON RAUTENFELD

DIRECTOR

FERNANDO AUGUSTO JORDÃO DE SOUZA NETTO

ATTORNEY

FERNÃO DE MORAES SALLES

ATTORNEY

 

 

AUTHORIZED USE OF SIGNATURE

 

THE DIRECTOR/ATTORNEYS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY.

 

SHAREHOLDERS / PARTNERS:

 

 

 

OSRAM GESELLSCHAFT MIT BESCHRANKTER HAFTUNG

R$ 57.296.540,00

FERNANDO AUGUSTO JORDÃO DE SOUZA NETTO

R$      5.730,00

FERNÃO DE MORAES SALLES

R$      5.730,00

 

AFFILIATES / SUBSIDIARIES:

 

OSRAM GROUP

 

 

COMPANY'S BACKGROUND

 

THE SUBJECT STARTED ITS ACTIVITIES IN 1922 AND JUST 3 YEARS LATER WAS ALREADY A MANUFACTURER OF SEVERAL KINDS OF LIGHTS TRADED IN THE LOCAL MARKET.

 

CURRENTLY THE COMPANY TRADES BOTH LIGHTS BY OWN MANUFACTURING AND IMPORTED FROM OTHER COUNTRIES, OFFERING TO THE LOCAL MARKET A WIDE RANGE OF PRODUCTS.

 

THE SUBJECT IS A LEADING COMPANY IN ITS LINE OF BUSINESS AND THE TRADEMARK OSRAM IS WELL-KNOWN IN THE LOCAL MARKET.

 

PARTNERS / DIRECTOR:

 

OSRAM GESELLSCHAFT MIT BESCHRANKTER HAFTUNG: HEADQUARTERED AT HELLABRUNERSTRASSE 1, MUNICH, GERMANY, REPRESENTED BY ITS ATTORNEYS MR. FERNANDO AUGUSTO JORDÃO DE SOUZA NETTO AND MR. FERNÃO DE MORAES SALLES;

 

FERNANDO AUGUSTO JORDÃO DE SOUZA NETTO: BRAZILIAN, HOLDER OF DOCUMENTS CPF 003.467.138-20 AND RG 2.181.647, SP, RESIDENTIAL ADDRESS RUA DO AROUCHE, 23, 11º ANDAR, VILA BUARQUE, ZIP CODE 01219-011, SÃO PAULO/SP;

 

FERNÃO DE MORAES SALLES: BRAZILIAN, HOLDER OF DOCUMENTS CPF 003.467.058-00 AND RG 1211586, SP, RESIDENTIAL ADDRESS RUA DO AROUCHE, 23, 11º ANDAR, VILA BUARQUE, ZIP CODE 01219-011, SÃO PAULO/SP;

 

CHRISTOPH RALF ANDREAS BERENS VON RAUTENFELD: GERMAN, HOLDER OF DOCUMENTS CPF 233.003.828-31 AND RNE V521769-6, BUSINESS ADDRESS AT AVENIDA DOS AUTONOMISTAS, 4229, VILA GRANADA, ZIP CODE 06090-027, OSASCO/SP.

 

FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN.

 

REMARKS:

--------

 

WHEN CONTACTING THE SUBJECT WE INTERVIEWED MS. MARINÊS, FINANCIAL DEPARTMENT, WHO INFORMED THAT WOULD NOT DISCLOSE ANY KIND OF INFORMATION UNLESS THE INQUIRING PARTY'S NAME WAS DISCLOSED.

 

IF IT IS POSSIBLE TO DISCLOSE THE NAME OF THE INTERESTED SUPPLIER OF THE SUBJECT, WE MAY RESUME OUR CONTACTS AND TRY TO OBTAIN FURTHER INFORMATION.

 

THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES USUALLY INVESTIGATED.

 

PUBLIC RECORDS INFORMATION:

 

NO DETRIMENTAL FILES WERE FOUND.

 

 

FINANCIAL INFORMATION

 

DUE TO THE SUBJECT'S LEGAL FORM, IT IS NOT OBLIGED TO PUBLISH THE BALANCE SHEET INFORMATION. WHEN INTERVIEWING SOURCES AT THE SUBJECT COMPANY DECLINED TO PROVIDE ANY KIND OF FINANCIAL INFORMATION.

 

THE COMPANY JUST STATED ITS SALES VOLUME IN DECEMBER 2007: R$ 36.168.823,00

 

OUTSIDE SOURCES CONTACTED SHOWED NO UPDATED FINANCIAL DATA ABOUT THIS COMPANY.

 

EXCHANGE RATE:

 

 

US$ 1,00 = R$ 1,59

 - OFFICIAL RATE ON 15/06/2011

 

COMMENTS ON THE FINANCIAL INFORMATION:

 

IN THE ABSENCE OF THE BALANCE SHEET DATA A COMMENT ON THE SUBJECT'S CURRENT FINANCIAL STANDING CANNOT BE PROVIDED.

 

WE POINT OUT HOWEVER THAT THE SUBJECT IS SAID TO HAVE A GOOD FINANCIAL STANDING AND A GOOD FINANCIAL STRENGTH AND ALSO THE PARENT COMPANY IS SAID TO GIVE THE SUBJECT BOTH FINANCIAL AND TECHNOLOGY SUPPORT WHENEVER NECESSARY.

 

REAL ESTATE:

NOT AVAILABLE.

 

VEHICLES:

NOT AVAILABLE.

 

MACHINES:

NOT AVAILABLE.

 

 

INSURANCE

 

NOT AVAILABLE.

 

 

BANKING REFERENCES

 

 

BRANCH:

CITY:

BANCO BRADESCO S/A

0127-9

OSASCO/SP

BANCO ITAÚ S/A

 

SÃO PAULO/SP

BANCO SANTANDER (BRASIL) S/A

0129

OSASCO/SP

BANCO DO BRASIL S/A

0837

OSASCO/SP

 

REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS.

 

ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). DATE RESEARCHED: JUNE 15, 2011.

 

 

ACTIVITIES COMMENTS

 

THE SUBJECT IS ENGAGED IN THE MANUFACTURE, TRADE, IMPORT AND EXPORT OF ELECTRICAL LAMPS.

 

IMPORT AND EXPORT:

 

IMPORTS FROM:

NOT AVAILABLE.

 

EXPORTS TO:

NOT AVAILABLE.

 

 

MAIN CLIENTS:

 

 

 

DOMESTIC CLIENTS:

CITY:

CASAS SENDAS COM. IND. S/A

SÃO BERNARDO DO CAMPO/SP

MAKRO ATACADISTA S/A

SÃO PAULO/SP

MARTINS COM. IND. EXP. LTDA

UBERLÂNDIA/MG

VALEO SISTEMAS AUTOM. LTDA

SÃO PAULO/SP

 

STAFF:

 

THE COMPANY HAS: 550 EMPLOYEES

 

 

CONCEPT AND FULFILMENT

 

THE SUBJECT IS AN OLD-ESTABLISHED AND WELL-KNOWN COMPANY OPERATING WITH A LEADERSHIP POSITION IN ITS LINE OF BUSINESS.

 

THE COMPANY HAS TRADE RELATIONS WITH SEVERAL SUPPLIERS IN BRAZIL. THE SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT PROBLEMS ARE NOTED.

 

MOST OF THE SUPPLIERS WHICH PROVIDED INFORMATION REPORTED PROMPT PAYMENTS AND THE SUBJECT HAS A GOOD TRADE REPUTATION.

 

MAIN SUPPLIERS:

 

 

 

DOMESTIC SUPPLIERS:

CITY:

EMBALAGENS ESTAMEL LTDA

SÃO PAULO/SP

FÁBRICA DE PAPEL E PAPELÃO NOSSA SENHORA DA PENHA

RIO DE JANEIRO/RJ

S/A WHITE MARTINS

OSASCO/SP

WORK ABLE COM. PROM. REPRES. LTDA

SÃO PAULO/SP

 

PAYMENT HISTORY:

 

15 SUPPLIERS REPORTED PAYMENTS:

   TOTAL AMOUNT: R$ 244.569,00

 

AMOUNT OF INVOICES PAID: 69

TOTAL OF PROMPT PAYMENTS: 92,7%

TOTAL OF DELAYED PAYMENTS: 7,3%

 

HIGHEST INVOICE: R$ 50.000,00

HIGHEST CREDIT: R$ 50.000,00

 

OUTSTANDING INVOICES DUE WITHIN THE NEXT 30 DAYS:

 

 

---------------------------

SUPPLIERS:

INVOICES:

TOTAL AMOUNT:

DUE WITHIN 30 DAYS

2

2

R$ 9.480,96

 

 

FINAL OPINION

 

THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL YEARS. UP TO DATE IT HAS A CLEAR TRADE HISTORY AND GOOD PAYMENT BEHAVIOUR.

 

BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH.

 

DESPITE THE ABSENCE OF UPDATED FINANCIAL DATA AN INITIAL CREDIT LIMIT OF US$ 500.000,00 MAY BE CONSIDERED.

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.44.90

UK Pound

1

Rs.72.54

Euro

1

Rs.63.39

 

 

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.