MIRA INFORM REPORT

Report Date :

07.03.2011

IDENTIFICATION DETAILS

Name :	AGILENT TECHNOLOGIES INC
Registered Office :	Corporation Trust Center 1209 Orange Street Wilmington, New Castle DE 19801 (registered agent)
Country :	United States
Financials (as on) :	31.10.2010
Date of Incorporation :	04.05.1999
Legal Form :	Corporation for Profit
Line of Business :	Bio-analytical and electronic measurement solutions

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 :	USD 1 000 000
Status :	Good
Payment Behaviour :	Regular
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 – December 31, 2010

Country Name	Previous Rating (30.09.2010)	Current Rating (31.12.2010)
United States	A1	A1

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

GEOPOLITICS - UNITED STATES
POLITICAL DATA	ECONOMIC DATA
Form of Government: Federal Economic Risk: Nil	Currency: USD Branch Situation: Stable

IDENTIFICATION
Comments on data supplied:	Dear client: The information you provided for AGILENT TECHNOLOGIES( Boulder Colorado USA) is that of a non incorporated business unit located at 5555 Airport Blvd. Suite 100 Boulder, CO 80301. We have learned that the main office is headquartered at 5301 Stevens Creek Boulevard Santa Clara, CA 95051. that is why we proceed on making the report under that address.
Legal Name:	Agilent Technologies Inc
Legal Address	Corporation Trust Center 1209 Orange Street Wilmington, New Castle DE 19801 (registered agent)
Operative Address	5301 Stevens Creek Boulevard Santa Clara, CA 95051
Telephone:	+1 (408) 345-8886	ID :	3038546
Fax:	+1 (408) 345-8474	Legal Form:	Corporation for Profit
Email:	contact_us@agilent.com	Registered in:	Delaware
Website:	www.agilent.com	Date Created:	1999
Manager:	William P. Sullivan , CEO	Date Incorporated:	May 4th, 1999
Staff:	18,500 (at group level)	Stock:	347,604,202
		Value:	$0.01 Par value
Activity:	Bio-analytical and electronic measurement solutions

BANKS
Name of the Bank	First Bank Of Highland Park
BUSINESS
HISTORY
	This company was created in the year 1999.
PRINCIPAL ACTIVITY
	The subject company provides bio-analytical and electronic measurement solutions to the communications, electronics, life sciences, and chemical analysis industries in the United States and internationally.
Brands:
	Turbo Pumping Systems OFFGEL GC and GC/MS Systems QuEChERS Bond Elut
Clients:
	Various industries
Suppliers:
	Turbo Pumping Systems OFFGEL GC and GC/MS Systems QuEChERS Bond Elut
Operations area:
	National, International, Local
The company imports from Worldwide
The company export to Worldwide
Competitors:
	Technology Inc Sai Agilent Technologies, Inc Lecroy Corporation Keithley Instruments, Inc
Comments on staff:
	The company has 18,500 employees at group level including all its branches.
LOCATION
Headquarters
	The company is headquartered at 5301 Stevens Creek Boulevard Santa Clara, CA 95051.
Comments on location:
	The company is incorporated in Delaware for tax purposes, however it is headquartered in California
Branches:
	The company has different branches in: Lake Forest, CA, U.S Colorado Springs, CO, U.S. Boulder, CO, U.S. Walnut Creek, CA, U.S. Cedar Creek, TX Cary, NC, U.S. Lexington, MA, U.S. Among others.
Business Overview:
	The US medical supplies and devices manufacturing industry includes about 11,000 companies with combined annual revenue of $75 billion. Major companies include Baxter International, Boston Scientific, Johnson & Johnson, and Medtronic. The industry is highly concentrated: the 50 largest companies account for about 75 percent of revenue.

Shareholders - Manager - Related Companies
Capital:
	Breakdown % of Shares Held by All Insider and 5% Owners: 0% % of Shares Held by Institutional & Mutual Fund Owners: 81% % of Float Held by Institutional & Mutual Fund Owners: 81% Number of Institutions Holding Shares: 454
Shareholders Parent Company(ies):
	Top Institutional Holders FMR LLC JENNISON ASSOCIATES LLC DAVIS SELECTED ADVISERS, LP VANGUARD GROUP, INC. (THE) STATE STREET CORPORATION WELLS FARGO & COMPANY BlackRock Institutional Trust Company, N.A. ARTISAN PARTNERS LIMITED PARTNERSHIP RS Investment Management Co., LLC STATE FARM MUTUAL AUTOMOBILE INSURANCE CO Top Mutual Fund Holders DAVIS NEW YORK VENTURE FUND HARBOR CAPITAL APPRECIATION FUND ARTISAN MID-CAP FUND VANGUARD TOTAL STOCK MARKET INDEX FUND VANGUARD 500 INDEX FUND RS INVESTMENT TRUST-VALUE FUND SPDR S&P 500 ETF Trust VANGUARD INSTITUTIONAL INDEX FUND-INSTITUTIONAL INDEX FD FIDELITY PURITAN FUND INC SELECTED AMERICAN SHARES INC
Management:
	William P. Sullivan, CEO Didier Hirsch , CFO Nicolas H. Roelofs, vicepresident
Related Companies:
	Agilent Technologies France S.A.S. Agilent Technologies Ireland Finance Ltd. Agilent Technologies Singapore (Sales) Pte Ltd. Varian Polymer Laboratories Limited Agilent Technologies Singapore (International) Pte Ltd. Among others.

Financials - COMMERCIAL TRENDS AND FORECAST

The subject is a public company traded at the stock exchange NYSE under ticker symbol "A". Please find enclosed the financial statements.

We have contacted a representative who refused to provide us any financial data on grounds of confidentiality.

Legal Fillings

There are 1000 UCC** files listed with the Secretary of State of California including:

Filing Number: 117258611426

Filing Date: 01-18-2011

Secured Party: CARL ZEISS NTS, LLC

Secured Party Address: 1 CORPORATION WAY PEABODY MA 01960- 7925

Debtor: AGILENT TECHNOLOGIES INC.

Filing Number: 201009394660

Filing Date: 12-29-2010

Secured Party: CITY OF WARWICK-OFFICE OF THE TAX COLLECTOR

Secured Party Address: 3275 POST RD WARWICK RI 02886- 7145

Debtor: AGILENT TECHNOLOGIES INC

Filing Number: 2010 3958208

Filing Date: 11-11-2010

Secured Party: EPLUS GOVERNMENT, INC.

Secured Party Address: 13595 DULLES TECHNOLOGY DR HERNDON VA 20171- 3413

Debtor: AGILENT TECHNOLOGIES, INC.

Filing Number: 2010 2164204

Filing Date: 06-22-2010

Secured Party: CSI LEASING, INC.

Secured Party Address: 9990 OLD OLIVE STREET RD STE 101 SAINT LOUIS MO 63141- 5930

Debtor: AGILENT TECHNOLOGIES, INC.

Filing Number: 107232687460

Filing Date: 05-20-2010

Secured Party: AGILENT TECHNOLOGIES, INC.

Secured Party Address: 5301 STEVENS CREEK BLVD SANTA CLARA CA 95051- 7201

Debtor: MR TIMOTHY CHARLES WEBB JR

There were 26 law suits found against the company, six of them from the year 2010:

THOMAS SCIENTIFIC, INC. v. AGILENT TECHNOLOGIES, INC.

Filed: December 29, 2010 as 1:2010cv06788 Updated: December 30, 2010 09:53:36

Plaintiff: THOMAS SCIENTIFIC, INC.

Defendant: AGILENT TECHNOLOGIES, INC.

Presiding Judge: Joseph E. Irenas

Referring Judge: Karen M. Williams

Cause Of Action: Petition for Removal- Breach of Contract

THOMAS SCIENTIFIC, INC. v. AGILENT TECHNOLOGIES, INC.

Filed: December 15, 2010 as 1:2010cv06524 Updated: December 17, 2010 03:45:50

Plaintiff: THOMAS SCIENTIFIC, INC.

Defendant: AGILENT TECHNOLOGIES, INC.

Presiding Judge: Jerome B. Simandle

Referring Judge: Joel Schneider

Cause Of Action: Diversity-Breach of Contract

Vamsidhar Vurimindi v. Fuqua School of Busine

Filed: October 14, 2010 as 10-4036 Updated: October 14, 2010 22:22:08

Defendant - Appellees: ACCENTURE, AGILENT TECHNOLOGIES, ALCATEL LUCENT, AMGEN INC, BANK OF AMERICA and others

Court: Third Circuit > Circuit Court

Tex Pat, LLC v. Agilent Technologies, Inc et al

Filed: August 22, 2010 as 5:2010cv00146 Updated: August 22, 2010 20:35:01

Plaintiff: Tex Pat, LLC

Defendants: Agilent Technologies, Inc and Varian, Inc

Cause Of Action: Fed. Question

Agilent Technologies, Inc. v. Cambridge Global Services, Inc.

Filed: March 9, 2010 as 1:2010cv00221 Updated: June 3, 2010 00:13:01

Plaintiff: Agilent Technologies, Inc.

Defendant: Cambridge Global Services, Inc.

Judge: Gerald Bruce Lee

Cause Of Action: Diversity-Breach of Contract

VURIMINDI v. FUQUA SCHOOL OF BUSINESS et al

Filed: January 19, 2010 as 2:2010cv00234 Updated: September 14, 2010 08:28:49

Defendants: ACCENTURE, AGILENT TECHNOLOGIES, ALCATEL-LUCENT, ALISSANDRO R. CASTILLO, AMGEN INC. and others

Presiding Judges: HONORABLE EDMUND V. LUDWIG and HONOR

Cause Of Action: Notice of Removal

The last annual report was filed on October 31st, 2010.

THE COMPANY IS NOT LISTED ON THE OFAC LIST.*

For information:

* The Specially Designated Nationals (SDN) List is a publication of OFAC which lists individuals and organizations with whom United States citizens and permanent residents are prohibited from doing business.

** The Uniform Commercial Code (UCC) is one of a number of uniform acts that have been promulgated in conjunction with efforts to harmonize the law of sales and other commercial transactions in all 50 states within the United States of America.

The UCC deals primarily with transactions involving personal property (movable property), not real property (immovable property).

It allows a creditor to notify other creditors about a debtor’s assets used as collateral for a secured transaction by filing a public notice (financing statement) with a particular filing office.

The Uniform Commercial Code Bureau files and maintains records on financial obligations (including IRS liens) incurred by individuals (in business as a sole proprietor), business entities and corporations.

Rating
Local credit bureau gave a Correct credit rate. The company is in Good Standing. This means that all local and federal taxes were paid on due date.
Final Opinion
	This company has been in business for 12 years. It has a staff of 18,500 employees at group level which makes it a large sized company. There were several legal filings found against the company, six of them belongs to the year 2010. Although the revenue for the year 2010 increased a 21 % this year, the liabilities for the company increased significantly a 26 %. There was a very good profitability for the year 2010. As the company is in good standing, with a good profitability but incurring different lawsuits, A credit line may be considered for USD 1,000,000

SUMMARY
FINANCIAL SUMMARY		DEBT COLLECTIONS AND PAYMENTS
Profitability	VERY GOOD	Public Records	NO
Indebtedness	MEDIUM	Payments	REGULAR
Cash	NORMAL

APPENDIX
Person Interviewed
	Male representative
Comments
	He refused to provide us with his name and any information about the company in grounds of confidentiality

Income Statement

View: Annual Data

All numbers in thousands

Period Ending		Oct 31, 2010	Oct 31, 2009	Oct 31, 2008
Total Revenue		5,444,000	4,481,000	5,774,000
Cost of Revenue		2,514,000	2,189,000	2,578,000
Gross Profit		2,930,000	2,292,000	3,196,000
	Operating Expenses
	Research Development	612,000	642,000	704,000
	Selling General and Administrative	1,752,000	1,603,000	1,697,000
	Non Recurring	-	-	-
	Others	-	-	-
	Total Operating Expenses	-	-	-
Operating Income or Loss		566,000	47,000	795,000
	Income from Continuing Operations
	Total Other Income/Expenses Net	222,000	48,000	143,000
	Earnings Before Interest And Taxes	788,000	95,000	938,000
	Interest Expense	96,000	88,000	123,000
	Income Before Tax	692,000	7,000	815,000
	Income Tax Expense	8,000	38,000	122,000
	Minority Interest	-	-	-
	Net Income From Continuing Ops	684,000	(31,000)	693,000
	Non-recurring Events
	Discontinued Operations	-	-	-
	Extraordinary Items	-	-	-
	Effect Of Accounting Changes	-	-	-
	Other Items	-	-	-
Net Income		684,000	(31,000)	693,000
Preferred Stock And Other Adjustments		-	-	-
Net Income Applicable To Common Shares		684,000	(31,000)	693,000

Balance Sheet

View: Annual Data

All numbers in thousands

Period Ending		Oct 31, 2010	Oct 31, 2009	Oct 31, 2008
Assets
Current Assets
	Cash And Cash Equivalents	4,199,000	2,479,000	1,405,000
	Short Term Investments	-	14,000	32,000
	Net Receivables	869,000	595,000	897,000
	Inventory	716,000	552,000	646,000
	Other Current Assets	385,000	321,000	228,000
Total Current Assets		6,169,000	3,961,000	3,208,000
Long Term Investments		142,000	163,000	206,000
Property Plant and Equipment		980,000	845,000	824,000
Goodwill		1,456,000	655,000	646,000
Intangible Assets		494,000	167,000	228,000
Accumulated Amortization		-	-	-
Other Assets		455,000	1,821,000	1,825,000
Deferred Long Term Asset Charges		-	-	500,000
Total Assets		9,696,000	7,612,000	7,437,000
Liabilities
Current Liabilities
	Accounts Payable	1,224,000	837,000	636,000
	Short/Current Long Term Debt	1,501,000	1,000	-
	Other Current Liabilities	358,000	285,000	689,000
Total Current Liabilities		3,083,000	1,123,000	1,325,000
Long Term Debt		2,190,000	2,904,000	2,125,000
Other Liabilities		1,187,000	1,071,000	1,428,000
Deferred Long Term Liability Charges		-	-	-
Minority Interest		8,000	8,000	-
Negative Goodwill		-	-	-
Total Liabilities		6,468,000	5,106,000	4,878,000
Stockholders' Equity
Misc Stocks Options Warrants		-	-	-
Redeemable Preferred Stock		-	-	-
Preferred Stock		-	-	-
Common Stock		6,000	6,000	6,000
Retained Earnings		3,444,000	2,760,000	2,791,000
Treasury Stock		(8,038,000)	(7,627,000)	(7,470,000)
Capital Surplus		7,904,000	7,552,000	7,410,000
Other Stockholder Equity		(88,000)	(185,000)	(178,000)
Total Stockholder Equity		3,228,000	2,506,000	2,559,000
Net Tangible Assets		1,278,000	1,684,000	1,685,000

Income Statement

View: Quarterly Data

All numbers in thousands

Period Ending		Oct 31, 2010	Jul 31, 2010	Apr 30, 2010	Jan 31, 2010
Total Revenue		1,576,000	1,384,000	1,271,000	1,213,000
Cost of Revenue		742,000	659,000	560,000	553,000
Gross Profit		834,000	725,000	711,000	660,000
	Operating Expenses
	Research Development	159,000	154,000	150,000	149,000
	Selling General and Administrative	472,000	456,000	407,000	417,000
	Non Recurring	-	-	-	-
	Others	-	-	-	-
	Total Operating Expenses	-	-	-	-
Operating Income or Loss		203,000	115,000	154,000	94,000
	Income from Continuing Operations
	Total Other Income/Expenses Net	67,000	136,000	7,000	12,000
	Earnings Before Interest And Taxes	270,000	251,000	161,000	106,000
	Interest Expense	27,000	24,000	22,000	23,000
	Income Before Tax	243,000	227,000	139,000	83,000
	Income Tax Expense	(49,000)	22,000	31,000	4,000
	Minority Interest	-	-	-	-
	Net Income From Continuing Ops	292,000	205,000	108,000	79,000
	Non-recurring Events
	Discontinued Operations	-	-	-	-
	Extraordinary Items	-	-	-	-
	Effect Of Accounting Changes	-	-	-	-
	Other Items	-	-	-	-
Net Income		292,000	205,000	108,000	79,000
Preferred Stock And Other Adjustments		-	-	-	-
Net Income Applicable To Common Shares		292,000	205,000	108,000	79,000

Balance Sheet

View: Quarterly Data

All numbers in thousands

Period Ending		Oct 31, 2010	Jul 31, 2010	Apr 30, 2010	Jan 31, 2010
Assets
Current Assets
	Cash And Cash Equivalents	4,199,000	3,868,000	4,198,000	4,034,000
	Short Term Investments	-	-	11,000	12,000
	Net Receivables	869,000	790,000	669,000	628,000
	Inventory	716,000	688,000	546,000	548,000
	Other Current Assets	385,000	389,000	288,000	297,000
Total Current Assets		6,169,000	5,735,000	5,712,000	5,519,000
Long Term Investments		142,000	136,000	158,000	154,000
Property Plant and Equipment		980,000	957,000	831,000	837,000
Goodwill		1,456,000	1,399,000	644,000	657,000
Intangible Assets		494,000	513,000	126,000	148,000
Accumulated Amortization		-	-	-	-
Other Assets		455,000	360,000	296,000	259,000
Deferred Long Term Asset Charges		-	-	-	-
Total Assets		9,696,000	9,100,000	7,767,000	7,574,000
Liabilities
Current Liabilities
	Accounts Payable	1,224,000	1,085,000	897,000	748,000
	Short/Current Long Term Debt	1,501,000	1,501,000	1,501,000	1,501,000
	Other Current Liabilities	358,000	331,000	311,000	300,000
Total Current Liabilities		3,083,000	2,917,000	2,709,000	2,549,000
Long Term Debt		2,190,000	2,177,000	1,393,000	1,410,000
Other Liabilities		1,187,000	1,196,000	1,033,000	1,017,000
Deferred Long Term Liability Charges		-	-	-	-
Minority Interest		8,000	8,000	8,000	8,000
Negative Goodwill		-	-	-	-
Total Liabilities		6,468,000	6,298,000	5,143,000	4,984,000
Stockholders' Equity
Misc Stocks Options Warrants		-	-	-	-
Redeemable Preferred Stock		-	-	-	-
Preferred Stock		-	-	-	-
Common Stock		6,000	6,000	6,000	6,000
Retained Earnings		3,444,000	3,152,000	2,947,000	2,839,000
Treasury Stock		(8,038,000)	(7,986,000)	(7,892,000)	(7,727,000)
Capital Surplus		7,904,000	7,855,000	7,802,000	7,673,000
Other Stockholder Equity		(88,000)	(225,000)	(239,000)	(201,000)
Total Stockholder Equity		3,228,000	2,802,000	2,624,000	2,590,000
Net Tangible Assets		1,278,000	890,000	1,854,000	1,785,000

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.44.99
UK Pound	1	Rs.73.24
Euro	1	Rs.62.80

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.