MIRA INFORM REPORT
|
Report Date : |
16.05.2011 |
IDENTIFICATION DETAILS
|
Name : |
BUNKER INDÚSTRIA FARMACÊUTICA LTDA |
|
|
|
|
Registered Office : |
Rua Anibal Dos Anjos Carvalho,212 - Cidade Dutra, Zip Code 04810-050 -
São Paulo/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.12.2007 |
|
|
|
|
Date of Incorporation : |
22.06.1975 |
|
|
|
|
Legal Form : |
Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture, Import and Export of pharmaceutical products, hygienic products, perfumes, cosmetics and related products. |
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 : |
USD 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 – December 31, 2010
|
Country Name |
Previous Rating (30.09.2010) |
Current Rating (31.12.2010) |
|
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
BUNKER INDÚSTRIA
FARMACÊUTICA LTDA
Company ADDRESSES
|
MAIN ADDRESS: |
RUA ANIBAL DOS ANJOS CARVALHO,212 - CIDADE DUTRA |
|
ZIP CODE/CITY: |
04810-050 - SÃO PAULO/SP |
|
|
|
|
PHONE: |
11 5666-0770 |
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FAX: |
11 5666-0770 |
|
E-MAIL: |
renato.dobra@faveant.com.br |
|
WEB SITE: |
www.bunker.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
AVENIDA INTERLAGOS,6872 - INTERLAGOS |
|
ZIP CODE/CITY: |
04777-000 SÃO PAULO/SP |
|
|
|
|
ADDRESS: |
RUA GERALDO FLAUSINO GOMES,61 11º ANDAR CJ 111 |
|
ZIP CODE/CITY: |
04575-060 SÃO PAULO/SP |
|
PHONE: |
11 5504-5400 |
|
FAX: |
11 5504-5400 |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
MANUFACTURE, IMPORT AND EXPORT OF PHARMACEUTICAL PRODUCTS, HYGIENIC
PRODUCTS, PERFUMES, COSMETICS AND RELATED PRODUCTS. |
|
LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
|
|
|
|
INCORPORATION DATE: |
22/06/1975 |
|
REGISTER DATE: |
22/06/1975 |
|
BALANCE SHEET FILING DATE: |
31/12 |
|
TAX CONTRIBUTOR NUMBER(CNPJ): |
47.100.862/0001-50 |
|
STATE REGISTER: |
109.446.340.114 |
|
|
|
|
SHARE CAPITAL: |
R$ 98.961.132,98 |
|
LAST REGISTER OF CAPITAL: |
03/02/2011 |
|
BOARD OF
DIRECTORS: |
|
|
|
|
|
CARLOS ALBERTO PICOSSE |
MANAGER |
|
MARCO ADOLFO VOLLMER |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
|
SHAREHOLDERS /
PARTNERS: |
|
|
|
|
|
CARLOS ALBERTO PICOSSE |
R$ 1,00 |
|
VALEANT FARMACÊUTICA DO BRASIL LTDA |
R$ 98.961.131,98 |
|
AFFILIATES /
SUBSIDIARIES: |
|
|
|
|
|
FARMERVILLE PARTICIPAÇÕES LTDA |
|
|
BUNKER INDUSTRIA FARMACEUTICA LTDA |
|
|
CALABAR PARTICIPAÇÕES LTDA. |
|
|
INSTITUTO TERAPÊUTICO DELTA LTDA |
|
COMPANY'S BACKGROUND
|
THE SUBJECT WAS ESTABLISHED ON JUNE 22, 1975 TO BE ENGAGED IN THE SAID
LINE OF BUSINESS AND UP TO DATE IT IS STILL OPERATING WITHIN THE GENERAL
SCENE REPORTED HEREIN. ON FEBRUARY 03, 2001 THE COMPANY TOOK OVER FARMERVILLE PARTICIPAÇÕES
LTDA: REGISTRATION NIRE # 35.224.023.011 AND CNPJ # 11.725.573/0001-07. THE COMPANY OPERATES WITH THE TRADE NAME "BUNKER". PARTNERS: VALEANT FARMACÊUTICA DO BRASIL LTDA: REGISTRATION NIRE #
35.202.716.120 AND CNPJ # 61.186.136/0001-22, HEADQUARTERED AT RUA MÁRIO
JUNQUEIRA DA SILVA, 736/766, JARDIM EULINA, ZIP CODE 13063-000, CAMPINAS/SP. CARLOS ALBERTO PICOSSE: BRAZILIAN, HOLDER OF DOCUMENTS CPF
063.118.658-15 AND RG 3.037.289 SP, BUSINESS ADDRESS AT RUA GERALDO FLAUSINO
GOMES, 61, 10º ANDAR, SALA 1, CIDADE MONÇÕES, ZIP CODE 04575-060, SÃO
PAULO/SP; FURTHER DETAILS ABOUT THE SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN CONTACTING THE SUBJECT WE INTERVIEWED MR. RENATO 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
|
THE SUBJECT FILES THE ACCOUNTS THROUGH AN ACCOUNTANCY PROCEEDING NAMED
"LUCRO PRESUMIDO" (PRESUMED PROFIT) WHICH EXEMPTS IT OF BUILDING UP
BALANCE SHEET OR ANY OTHER BOOKING PROCEEDINGS WHICH ARE USUAL FOR COMPANIES
WHICH FILE ACCOUNTS THROUGH THE ACCOUNTANCY PROCEEDING NAMED "LUCRO
REAL" (REAL PROFIT). WHEN INTERVIEWED THE SOURCES AT THE SUBJECT WE WERE INFORMED THAT THEY
WOULD NOT PROVIDE ANY FINANCIAL FIGURE PER POLICY. OUTSIDE SOURCES CONTACTED SHOWED THE FOLLOWING FINANCIAL DATA ABOUT
THIS COMPANY. NO MORE UPDATE OR COMPLETE IS AVAILABLE. |
|
GENERAL BALANCE SHEETS AS OF 31/12/2007. |
|
( FIGURES ARE IN REAIS ). |
|
ASSETS |
|
|
|
|
CURRENT: |
31/12/2007 |
|
|
|
|
|
|
|
|
CASH AND BANKS |
895.028,02 |
|
|
|
CLIENTS |
7.079.924,15 |
|
|
|
CREDIT AND VALUES |
328.212,72 |
|
|
|
OTHER CREDITS |
30.391,30 |
|
|
|
ADVANCE TO EMPLOYEES |
40.049,30 |
|
|
|
RECOVERABLE TAXES |
109.841,99 |
|
|
|
INVENTORY |
2.906.073,46 |
|
|
|
|
---------------- |
|
|
|
TOTAL CURRENT ASSETS |
11.389.520,94 |
|
|
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
CREDITS |
142.320,07 |
|
|
|
|
---------------- |
|
|
|
TOTAL LONG-TERM RECEIVABLES |
142.320,07 |
|
|
|
FIXED ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
6,22 |
|
|
|
FIXED ASSETS |
3.779.543,25 |
|
|
|
DEPRECIATIONS |
-1.735.564,90 |
|
|
|
|
---------------- |
|
|
|
TOTAL FIXED ASSETS |
2.043.984,57 |
|
|
|
|
================ |
|
|
|
TOTAL ASSETS |
13.575.825,58 |
|
|
|
LIABILITIES: |
|
|
|
|
CURRENT: |
31/12/2007 |
|
|
|
|
|
|
|
|
LOANS AND FINANCING |
100.000,00 |
|
|
|
SUPPLIERS |
1.859.885,54 |
|
|
|
TAX LIABILITIES |
1.033.237,45 |
|
|
|
LABOR OBLIGATIONS |
209.941,09 |
|
|
|
ACCOUNTS PAYABLE |
271.496,95 |
|
|
|
|
---------------- |
|
|
|
TOTAL CURRENT LIABILITIES |
3.474.561,03 |
|
|
|
NET EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE CAPITAL |
1.000.000,00 |
|
|
|
CAPITAL RESERVES |
90.920,08 |
|
|
|
ACCRUED PROFIT (LOSS) |
9.010.344,47 |
|
|
|
|
---------------- |
|
|
|
TOTAL NET EQUITY |
10.101.264,55 |
|
|
|
|
================ |
|
|
|
TOTAL LIABILITIES |
13.575.825,58 |
|
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2007. |
|
( FIGURES ARE IN REAIS ). |
|
|
31/12/2007 |
|
|
|
|
|
|
|
|
GROSS SALES |
47.462.311,51 |
|
|
|
(-) TAXES ON SALES |
10.142.733,70 |
|
|
|
|
---------------- |
|
|
|
NET SALES |
37.319.577,81 |
|
|
|
(-) COST OF SOLD GOODS |
17.890.689,88 |
|
|
|
|
---------------- |
|
|
|
GROSS PROFIT |
19.428.887,93 |
|
|
|
OPERATING REVENUE (EXPENSE) |
-7.930.764,23 |
|
|
|
FINANCIAL REVENUE(EXPENSE) |
-226.126,89 |
|
|
|
|
---------------- |
|
|
|
OPERATIONAL PROFIT (LOSS) |
11.271.996,81 |
|
|
|
NON-OPERATING RESULT |
1.000,00 |
|
|
|
CONTRIBUTION/INCOME TAX |
-1.431.729,45 |
|
|
|
|
---------------- |
|
|
|
NET PROFIT (LOSS) |
9.841.267,36 |
|
|
|
MONTHLY SALES |
|||
|
|
2008 |
2007 |
2006 |
|
|
--------------------- |
--------------------- |
--------------------- |
|
JANUARY |
R$ 4.455.619,32 |
R$ 3.746.539,42 |
R$ 3.116.773,39 |
|
FEBRUARY |
R$ 3.319.579,52 |
R$ 3.412.799,44 |
R$ 3.102.574,23 |
|
MARCH |
R$ 3.495.474,15 |
R$ 4.779.200,41 |
R$ 3.877.641,40 |
|
APRIL |
R$ 5.316.373,66 |
R$ 4.150.707,09 |
R$ 3.525.160,41 |
|
MAY |
R$ 3.507.114,28 |
R$ 4.141.360,77 |
R$ 3.490.635,60 |
|
JUNE |
R$ 3.540.581,72 |
R$ 3.910.770,86 |
R$ 3.497.397,50 |
|
JULY |
R$ 3.963.462,66 |
R$ 3.526.325,67 |
R$ 3.863.915,88 |
|
AUGUST |
R$ 3.745.006,37 |
R$ 4.005.773,30 |
R$ 4.095.270,85 |
|
SEPTEMBER |
R$ 4.219.503,10 |
R$ 3.473.081,54 |
R$ 3.764.465,52 |
|
OCTOBER |
R$ 4.231.876,49 |
R$ 4.151.663,74 |
R$ 3.864.231,94 |
|
NOVEMBER |
R$ 4.122.521,71 |
R$ 3.918.490,04 |
R$ 3.886.404,11 |
|
DECEMBER |
R$ 3.279.050,04 |
R$ 3.892.239,77 |
R$ 3.607.761,95 |
|
TOTAL |
R$ 47.196.163,02 |
R$ 47.108.952,05 |
R$ 43.692.232,78 |
|
RATIOS: |
31/12/2007 |
|
|
|
QUICK RATIO |
2,44 |
|
|
|
|
|
|
CURRENT RATIO |
3,28 |
|
|
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
5,27 |
TIMES |
|
|
|
|
|
DAYS' SALES IN RECEIVABLES |
68,30 |
DAYS |
|
|
|
|
|
INVENTORY TURNOVER |
6,16 |
TIMES |
|
|
|
|
|
ACCOUNTS PAYABLE PERIOD |
37,43 |
DAYS |
|
|
|
|
|
RETURN ON ASSETS |
2,75 |
TIMES |
|
|
|
|
|
SALES TURNOVER ON NET EQUITY |
3,69 |
TIMES |
|
|
|
|
|
NET WORTH TIE-UP |
,37 |
|
|
|
|
|
|
INDEBTEDNESS |
,34 |
|
|
|
|
|
|
EQUITY RATIO |
74,41 |
% |
|
|
|
|
|
WORKING CAPITAL RATIO |
227,80 |
% |
|
|
|
|
|
GENERAL SOLVENCY |
3,91 |
|
|
|
|
|
|
RETURN ON NET EQUITY |
97,43 |
% |
|
|
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
26,37 |
% |
|
|
|
|
|
GROSS PROFIT MARGIN |
52,06 |
% |
|
|
|
|
|
OPERATIONAL RESULT |
30,20 |
% |
|
|
|
|
|
SALES TURNOVER ON LIABILITIES |
10,74 |
TIMES |
|
|
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
EXCHANGE RATE: |
|
|
US$ 1,00 = R$ 1,62 |
- OFFICIAL RATE ON 12/05/2011 |
|
US$ 1,00 = R$ 1,77 |
- OFFICIAL RATE ON 31/12/2007 |
|
COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A GOOD FINANCIAL STANDING. IT IS NOTED HIGH
LIQUIDITY AND POSITIVE WORKING CAPITAL AMOUNT, LOW LEVEL OF INDEBTEDNESS, AS
WELL AS HIGH SALES VOLUME AND MAKING PROFIT. ACCORDING TO THE RULES OF THE ACCOUNTANCY PROCEEDING FOLLOWED BY THE
SUBJECT, IT COLLECTS THE TAXES, WHICH ARE DUE OVER THE GROSS SALES AMOUNT.
THE TAXES SHOULD BE COLLECTED EITHER WITH PROFIT OR LOSS AT THE END OF THE
FISCAL YEAR. REGARDING THE RULES OF THE ABOVE SAID PROCEEDING IT MAY BE POSSIBLE TO
STATE THAT COMPANIES WHICH FILE ACCOUNTS THROUGH THIS PROCEEDING ARE
PROFITABLE COMPANIES. IT IS STATED BECAUSE THE MAIN DIFFERENCE OF THE
PROCEEDING NAMED "LUCRO REAL" AND THE ONE NAMED "LUCRO
PRESUMIDO" IS THAT IN THE FIRST THE COMPANY ONLY PAYS INCOME TAX WHEN IT
HAS PROFIT AT THE END OF THE FISCAL YEAR, WHILE IN THE LAST THE COMPANY PAYS
INCOME TAX REGARDLESS IT HAS PROFIT OR LOSS. THEREFORE, IF ANY COMPANY WHICH
ADOPTS THE "PRESUMED PROFIT" PROCEEDING WAS NOT PROFITABLE IT WOULD
BE A BETTER OPTION TO FILE ACCOUNTS THROUGH THE "LUCRO REAL"
PROCEEDING BECAUSE IN THIS PROCEEDING TAXES ARE DUE ONLY WHEN PROFITABLE
RESULTS ARE MET. IN CASE OF LOSSES NO INCOME TAX IS DUE. |
|
REAL ESTATE: |
|
DETAIL OF OWNED
REAL ESTATE PARTNER: |
|
TYPE: |
OTHERS |
|
VALUE: |
R$ ,00 |
|
REMARKS: |
THE COMPANY OPERATES IN RENTED PREMISES AND PAYS R$ 30.000,00 AS
RENTAL. THE PREMISES BELONG TO THE PARTNERS. |
|
VEHICLES: |
NOT AVAILABLE
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
NOT AVAILABLE. |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
CITY: |
|
UNIBANCO S/A |
0440 / 11 5666-1511 |
SÃO PAULO/SP |
|
BANCO SANTANDER S/A |
0662 / 11 5668-1600 |
SÃO PAULO/SP |
|
UNIBANCO S/A |
1442-7 / 11 5666-5677 |
SÃO PAULO/SP |
|
BANCO ITAÚ S/A |
0736 / 11 5666-0299 |
SÃO PAULO/SP |
|
BANCO DO BRASIL S/A |
3561-0 / 11 5666-5744 |
SÃO PAULO/SP |
|
BANCO ABN AMRO REAL S/A |
1258 / 11 5668-6992 |
SÃO PAULO/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"). |
ACTIVITIES COMMENTS
|
THE COMPANY IS ENGAGED IN THE MANUFACTURE, IMPORT AND EXPORT OF
PHARMACEUTICAL PRODUCTS, PERFUMES, COSMETICS, HYGIENIC PRODUCTS AND THE LIKE. OPERATIONAL FACILITIES: THE COMPANY FACILITIES ARE LOCATED AT THE MAIN
ADDRESS REPORTED WHERE IS FOUND THE FACTORY, OFFICE AND WAREHOUSE FACILITIES.
FURTHER TO THOSE FACILITIES, AN ADMINISTRATIVE OFFICE IS ALSO OWNED BY THE
COMPANY. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
INDIA, GERMANY, CYPRUS, UNITED STATES, CANADA, SWITZERLAND, BELGIUM,
ITALY AND IRELAND. |
EXPORTS TO:
|
DOES NOT EXPORT. |
|
MAIN CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
|
|
|
NOT AVAILABLE. |
|
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 260 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS AN OLD-ESTABLISHED COMPANY, OPERATING SINCE 1975. SO
FAR IT HAS A CLEAR TRADE HISTORY AND NO PAYMENT PROBLEMS ARE NOTED. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO
DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER
OF TRADE CREDIT FACILITIES. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
AGRO QUÍMICA MARINGÁ S/A |
|
11 4056-9500 |
|
ALMAPAL S/A TECNOLOGIA VALIDADA |
|
11 3735-1666 |
|
ALPLAS EMBALAGENS LTDA |
|
11 4613-1000 |
|
BISFARMA INDÚSTRIA DE EMBALAGENS LTDA |
|
19 3893-3544 |
|
CHEMYUNION QUÍMICA LTDA |
|
11 2173-0103 |
|
CIEL CONFIANÇA IMPORTAÇÃO E EXPORTAÇÃO LTDA |
|
21 3125-1300 |
|
ESKISA S/A INDÚSTRIA E COMÉRCIO |
|
11 5536-0533 |
|
LIBRA - ARTES GRÁFICAS LTDA |
|
11 6966-0949 |
|
M CASSAB COMÉRCIO E INDÚSTRIA LTDA |
|
11 2162-7788 |
|
MASE PRODS. QUÍMICOS E FARMACÊUTICOS LTDA |
|
11 3277-2920 |
|
PRINT INDÚSTRIA DE ARTES GRÁFICAS LTDA |
|
11 5667-2933 |
|
RJR NUTRIENTES E FARMOQUÍMICOS LTDA |
|
11 3685-0360 |
|
TECNOPHARMA IND. E COM. EMBALAGENS LTDA |
|
11 5679-6514 |
|
VALDEQUÍMICA PRODUTOS QUÍMICOS LTDA |
|
11 3721-6407 |
|
WHEATON DO BRASIL VIDROS LTDA |
|
11 4355-1801 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
PHONE: |
|
AXXO IM - & EXPORT GMBH |
HAMBURG, GERMANY |
49.40.38.91 94-0 |
|
BIESTERFELD SIEMSGLUSS INTERNATIONAL GMBH |
HAMBURG, GERMANY |
040 / 3 2 08-0 |
|
EFEFECHEM S.R.L |
MILAN, ITALY |
39 02 8052210 |
|
MARTINEX (OVERSEAS) LTD |
NICOSIA, CYPRUS |
357-2374040 |
|
MEDILOM .CO N.V. |
ANTWERPEN, BELGIUM |
03 /234 37 73 |
|
SREENIVASA PHARMA PRIVATE LTD |
INDIA |
0091-40-23095151 |
|
PAYMENT HISTORY: |
|
9 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 219.947,00 |
|
|
|
AMOUNT OF INVOICES PAID: 146 |
|
TOTAL OF PROMPT PAYMENTS: 97,9% |
|
TOTAL OF DELAYED PAYMENTS: 2,1% |
|
|
|
HIGHEST INVOICE: R$ 13.037,00 |
|
HIGHEST CREDIT: R$ 54.175,00 |
|
|
|
OUTSTANDING
INVOICES DUE WITHIN THE NEXT 30 DAYS: |
|
--------------------------- |
SUPPLIERS: |
INVOICES: |
TOTAL AMOUNT: |
|
DUE WITHIN 30 DAYS |
2 |
5 |
R$ 54.614,09 |
FINAL OPINION
|
THE SUBJECT IS AN OLD AND WELL-ESTABLISHED COMPANY. IT OPERATES WITH
GROWING SALES AND SO FAR IT IS NOTED A CLEAR TRADE HISTORY. BASED ON THE OVER ALL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED BUT IN
MODERATE AMOUNTS DUE TO THE ABSENCE OF FURTHER FINANCIAL INFORMATION. AS NO MORE UPDATED FIANCIAL DATA IS AVAILABLE A CREDIT LIMIT OF USD
500,000.00 MAY BE CONSIDERED. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.44.91 |
|
UK Pound |
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.