MIRA
INFORM REPORT
|
Report Date : |
14.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
SCHATTDECOR
AG |
|
|
|
|
Registered Office : |
Walter-Schatt-Allee
1-3 D 83101 Rohrdorf Post |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2009 |
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|
|
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Year of Establishment : |
1985 |
|
|
|
|
Com. Reg. No.: |
HRB
13582 |
|
|
|
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Legal Form : |
Public
Limited Company |
|
|
|
|
Line of Business : |
Other
Printing |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
>
250.000 EUR |
|
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) |
|
Germany |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
company Name and address
schattdecor AG
Main address: Walter-Schatt-Allee
1-3
D 83101 Rohrdorf
Post Box:51
Telephone:08031/2750
Telefax: 08031/275-125
Homepage: www.schattdecor.de
E-mail: info@schattdecor.de
VAT no.
DE813198185
CONCLUSION
Business relations are permissible. The company is considered
solvent for credits within
its scope of business.
Registration data
LEGAL FORM Public limited company
Date of foundation: 1985
Registered on: 27.04.2001
Commercial Register: Local court 83278 Traunstein
under: HRB 13582
Share capital
EUR 21.250.000,00
President of the Board of Directors
Reiner Schulz
Am Gereut 30
D 83115 Neubeuern
authorized to jointly represent the company
born: 12.08.1957
Profession: Businessman
Member of the
Board of Directors:
Kurt Mack
D 83115 Neubeuern
authorized to jointly represent the company
born: 03.02.1956
Member of the
Board of Directors:
Roland Heeger
D 83064 Raubling
authorized to jointly represent the company
born: 03.05.1962
Member of the
Board of Directors:
Harald Purainer
D 83022 Rosenheim
authorized to jointly represent the company
born: 14.09.1968
President of the
Supervisory Board:
Walter Schatt
Am Weinberg 18
D 83115 Neubeuern
born: 13.09.1941
Profession: Businessman
Property regime: joint ownership of property
by a married couple.
Marital status: married
Member of the
Supervisory Board:
Prof.Dr.Dr. Dietrich Weber
Anemonenweg 21
D 72764 Reutlingen
born: 27.03.1936
Member of the
Supervisory Board:
Dr. Herbert Blanz
D 82049 Pullach
Proxy
Hartwig Dickten
Finkenweg 20a
D 83071 Stephanskirchen
authorized to jointly represent the company
born: 16.12.1944
Proxy:
Ulrich Ringelberg
D 83115 Neubeuern
authorized to jointly represent the company
born: 03.03.1964
Proxy:
Klaus Steinger
D 83134 Prutting
authorized to jointly represent the company
born: 08.11.1953
Proxy:
Markus Höhn
D 83022 Rosenheim
authorized to jointly represent the company
born: 02.05.1963
Proxy:
Harry Schulz
D 83115 Neubeuern
authorized to jointly represent the company
born: 23.11.1961
Proxy:
Klaus Karl Lorenz
D 83022 Rosenheim
authorized to jointly represent the company
born: 27.03.1951
Further functions/participations of
Reiner Schulz
(President of the
Board of Directors)
Manager:
schattdecor Beteiligungs GmbH
Rosenheimer Str. 70 OT Thansau
D 83101 Rohrdorf
Legal form: Private limited company
dissolved
Share capital: EUR 562.421,08
Registered
on: 17.09.1998
Reg. data: 83278
Traunstein, HRB 11533
Manager:
schattdecor Verwaltungs GmbH
Rosenheimer Str. 70
OT Thansau
D 83101 Rohrdorf
Legal form: Private limited company
Share capital: EUR 511.291,88
Registered
on: 28.12.1998
Reg. data: 83278
Traunstein, HRB 11734
Further functions/participations of
Roland Heeger
(Member of the Board
of Directors)
Manager:
Schatt Holding GmbH
Rosenheimer Str. 70 OT Thansau
D 83101 Rohrdorf
Legal form: Private limited company
Share capital: EUR 1.000.000,00
Registered
on: 07.02.2002
Reg. data: 83278
Traunstein, HRB 14155
BUSINESS ACTIVITIES
Sectors
18120 Other printing
PARTICIPATIONS
Shareholder:
schattdecor Verwaltungs GmbH
Rosenheimer Str. 70
OT Thansau
D 83101 Rohrdorf
Legal form: Private limited company
Company Status: active
Share capital: EUR 511.291,88
Share: EUR 511.291,88
Reg. data: 28.12.1998
Local court 83278 Traunstein
HRB 11734
Shareholder:
Rotodecor GmbH
Walter-Schatt-Allee 1-3
D 83101 Rohrdorf
Legal form: Private limited company
Company Status: active
Share capital: EUR 500.000,00
Share: EUR 150.000,00
Reg. data: 12.02.2003
Local court 83278 Traunstein
HRB 14922
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: > 250.000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: Tenant
Address Walter-Schatt-Allee
1-3
D 83101 Rohrdorf
Land register documents
were not available.
BANKERS
Principal bank
COMMERZBANK VORMALS DRESDNER
BANK, ROSENHEIM, OBERBAY
Sort. code: 71180005, BIC:
DRESDEFF711
Further banks
UNICREDIT BANK -
HYPOVEREINSBANK, ROSENHEIM, OBERBAY
Sort. code: 71120077, BIC:
HYVEDEMM448
VR BANK ROSENHEIM-CHIEMSEE,
ROSENHEIM, OBERBAY
Sort. code: 71160161, BIC:
GENODEF1ROR
SPARKASSE ROSENHEIM-BAD
AIBLING, ROSENHEIM, OBERBAY
Sort. code: 71150000, BIC:
BYLADEM1ROS
FINANCIAL FIGURES
Turnover: 2009 EUR 132.961.621,00
Profit: 2009 EUR 42.579.981,00
Employees:
380
-
thereof permanent staff: 380
BALANCE SHEETS
Balance sheet ratios 2009
Equity ratio [%]: 92,84
Liquidity ratio: 10,00
Return on total capital [%]: 18,55
Balance sheet ratios 2008
Equity ratio [%]: 85,98
Liquidity ratio: 2,27
Return on total capital [%]: 10,76
Balance sheet ratios 2007
Equity ratio [%]: 84,01
Liquidity ratio: 4,15
Return on total capital [%]: 13,96
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: 01.01.2009 - 31.12.2009
ASSETS EUR 231.119.582,02
Fixed assets
EUR 138.869.862,41
Intangible assets
EUR 3.193.685,00
Concessions, licences, rights
EUR 3.121.465,00
Goodwill
EUR 72.220,00
Tangible assets
EUR 64.481.490,13
Land / similar rights
EUR 52.053.610,97
Plant / machinery
EUR 6.642.462,00
Other tangible assets / fixtures and
fittings
EUR 4.492.117,16
Advance payments made / construction
in progress
EUR 1.293.300,00
Financial assets
EUR 71.194.687,28
Shares in participations /
subsidiaries and the like
EUR 70.694.815,06
Shares in related companies
EUR 64.039.073,35
Shares in investee companies
EUR 6.655.741,71
Securities included in fixed assets
EUR 499.872,22
Current assets
EUR 91.954.276,61
Stocks
EUR 17.212.014,55
Raw materials, consumables and
supplies
EUR 3.227.184,55
Finished goods / work in progress
EUR 13.984.830,00
Accounts
receivable EUR 54.082.527,97
Trade debtors
EUR 14.899.113,25
Amounts due from related companies
EUR 31.115.581,02
Other debtors and assets
EUR 8.067.833,70
Liquid means
EUR 20.659.734,09
Remaining other assets
EUR 295.443,00
Accruals (assets)
EUR 295.443,00
LI
Shareholders' equity
EUR 213.062.000,00
Capital
EUR 20.000.000,00
Subscribed capital (share capital)
EUR 20.000.000,00
Reserves EUR 150.482.018,85
Retained earnings / revenue reserves EUR 150.482.018,85
Balance sheet profit/loss (+/-)
EUR 42.579.981,15
Balance sheet profit / loss
EUR 42.579.981,15
Provisions EUR 5.836.413,07
Provisions for taxes
EUR 1.420.000,00
Other / unspecified provisions
EUR 4.416.413,07
Liabilities
EUR 12.221.168,95
Other liabilities
EUR 12.221.168,95
Trade creditors (for IAS incl. bills
of exchange)
EUR 3.472.335,11
Liabilities from received advance
payments
EUR 732.202,15
Liabilities due to shareholders
EUR 95.200,00
Liabililties due to related companiesEUR 71.426,71
Unspecified other liabilities
EUR 7.850.004,98
thereof liabilities from tax /
financial
authorities EUR 300.919,24
thereof liabilities from social
security
EUR 19.879,97
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales EUR 132.961.621,40
Inventory change + own costs (+/-)
EUR -1.449.354,00
Inventory change (+/-)
EUR -2.370.805,00
Capitalised own costs
EUR 921.451,00
Other operating income
EUR 6.963.599,10
Cost of materials
EUR 74.891.583,14
Raw materials and supplies, purchased
goods
EUR 74.891.583,14
Gross result (+/-)
EUR 63.584.283,36
Staff expenses
EUR 27.079.137,78
Wages and salaries
EUR 23.336.643,73
Social security contributions and
expenses for pension plans and
benefits
EUR 3.742.494,05
Total depreciation
EUR 8.510.494,12
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 8.510.494,12
Other operating expenses
EUR 18.970.794,62
Operating result from continuing
operations
EUR 9.023.856,84
Result from participating interests
(+/-) EUR 35.906.429,20
Expenses / income from participations EUR 35.906.429,20
Income from transfer of profits
EUR 181.184,10
Income from related companies
EUR 35.725.245,10
Interest result (+/-)
EUR 422.172,37
Interest and similar income
EUR 1.476.088,57
thereof from related companies
EUR 1.277.624,84
Interest and similar expenses
EUR 1.053.916,20
thereof paid to related companies
EUR 82.291,02
Financial result (+/-)
EUR 36.328.601,57
Result from ordinary operations (+/-)
EUR 45.352.458,41
Income tax / refund of income tax (+/-)EUR -2.685.245,10
Other taxes / refund of taxes
EUR -87.232,16
Tax
(+/-)
EUR -2.772.477,26
Annual surplus / annual deficit
EUR 42.579.981,15
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 223.774.794,47
Fixed assets
EUR 138.001.590,86
Intangible assets
EUR 4.092.961,00
Concessions, licences, rights
EUR 4.012.074,00
Goodwill
EUR 80.887,00
Tangible assets
EUR 67.394.098,60
Land / similar rights
EUR 54.436.320,57
Plant / machinery
EUR 7.640.476,03
Other tangible assets / fixtures and
fittings
EUR 5.255.862,00
Advance payments made / construction
in progress
EUR 61.440,00
Financial assets
EUR 66.514.531,26
Shares in participations /
subsidiaries and the like
EUR 66.514.531,26
Shares in related companies EUR
60.610.669,25
Shares in investee companies
EUR 5.903.862,01
Current assets
EUR 85.543.529,71
Stocks
EUR 20.381.139,93
Raw materials, consumables and
supplies
EUR 4.025.504,93
Finished goods / work in progress
EUR 16.355.635,00
Accounts receivable
EUR 65.117.730,23
Trade debtors
EUR 19.069.164,69
Amounts due from related companies
EUR 36.728.995,94
Other debtors and assets
EUR 9.319.569,60
Liquid means
EUR 44.659,55
Remaining other assets EUR 229.673,90
Accruals (assets)
EUR 229.673,90
LI
Shareholders' equity
EUR 170.482.018,85
Capital EUR 20.000.000,00
Subscribed capital (share capital)
EUR 20.000.000,00
Reserves
EUR 126.621.018,85
Retained earnings / revenue reserves EUR 126.621.018,85
Balance sheet profit/loss (+/-)
EUR 23.861.000,00
Balance sheet profit / loss
EUR 23.861.000,00
Provisions
EUR 4.295.717,43
Other / unspecified provisions
EUR 4.295.717,43
Liabilities
EUR 48.997.058,19
Financial debts
EUR 2.943.804,69
Liabilities due to banks
EUR 2.943.804,69
Other liabilities
EUR 46.053.253,50
Trade creditors (for IAS incl. bills
of exchange)
EUR 2.776.602,04
Liabilities from received advance
payments
EUR 166.627,05
Liabilities due to shareholders
EUR 20.245.201,02
Liabililties due to related companiesEUR 14.838.873,79
Unspecified other liabilities
EUR 8.025.949,60
thereof liabilities from tax /
financial authorities
EUR 447.869,30
thereof liabilities from social
security
EUR 7.372,80
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 156.122.248,16
Inventory change + own costs (+/-)
EUR 1.072.337,00
Inventory change (+/-)
EUR 243.163,00
Capitalised own costs
EUR 829.174,00
Other operating income
EUR 6.026.930,18
Cost of materials
EUR 89.527.213,86
Raw materials and supplies, purchased
goods
EUR 89.527.213,86
Gross result (+/-)
EUR 73.694.301,48
Staff expenses
EUR 27.627.055,37
Wages and salaries
EUR 23.861.981,05
Social security contributions and
expenses for pension plans and
benefits
EUR 3.765.074,32
Total depreciation
EUR 9.039.823,70
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 9.039.823,70
Other operating expenses
EUR 34.537.762,54
Operating result from continuing
operations
EUR 2.489.659,87
Result from participating interests
(+/-)
EUR 22.955.393,85
Expenses / income from participations EUR 22.955.393,85
Income from transfer of profits
EUR 615.006,90
Income from related companies
EUR 22.340.386,95
Interest result (+/-)
EUR -415.016,75
Interest and similar income
EUR 1.527.924,45
thereof from related companies
EUR 1.239.073,93
Interest and similar expenses
EUR 1.942.941,20
thereof paid to related companies EUR 510.814,79
Financial result (+/-)
EUR 22.540.377,10
Result from ordinary operations (+/-)
EUR 25.030.036,97
Income tax / refund of income tax (+/-)EUR -1.123.013,25
Other taxes / refund of taxes
EUR -46.023,72
Tax
(+/-)
EUR -1.169.036,97
Annual surplus / annual deficit
EUR 23.861.000,00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.91 |
|
|
1 |
Rs.73.06 |
|
Euro |
1 |
Rs.64.03 |
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.