MIRA
INFORM REPORT
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Report Date : |
05.10.2011 |
IDENTIFICATION DETAILS
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Name : |
KME GERMANY AG & CO. KG |
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Registered Office : |
Klosterstrasse 29 Osnabrück, 49074 |
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Country : |
Germany |
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Financials (as on) : |
31.12.2009 |
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Date of Incorporation : |
10.12.2007 |
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Com. Reg. No.: |
200902 |
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Legal Form : |
Partnership Subsidiary |
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Line of Business : |
Manufacture of basic iron and steel and of ferro-alloys |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and address
KME Germany AG & Co. KG
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Business
Description
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KME Germany AG & Co. KG is primarily engaged in production of pig
iron and spiegeleisen in pigs, blocks or other primary forms; production of
ferro-alloys; production of semi-finished products of iron or non-alloy
steel; production of ingots, other primary forms and semi-finished products
of stainless steel or other alloy steel; production of angles, shapes and
sections of stainless steel or other alloy steel; production of bars and rods
of stainless steel or other alloy steel; production of flat-rolled products
of iron or non-alloy steel; production of angles, shapes and sections of iron
and non-alloy steel; production of bars and rods of iron and non-alloy steel;
production of sheet piling; and production of railway track materials. |
Industry
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Industry |
Iron and Steel |
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ANZSIC 2006: |
2110 - Iron Smelting and Steel
Manufacturing |
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NACE 2002: |
2710 - Manufacture of basic iron and steel
and of ferro-alloys |
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NAICS 2002: |
331111 - Iron and Steel Mills |
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UK SIC 2003: |
2710 - Manufacture of basic iron and steel
and of ferro-alloys |
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US SIC 1987: |
3312 - Steel Works, Blast Furnaces
(Including Coke Ovens), and Rolling Mills |
Key Executives
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News
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7190468
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6969855
Corporate Overview
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Corporate Structure News
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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KME Beteiligungsgesellschaft mit beschränkter Haftung |
Parent |
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Subsidiary |
Osnabrück, Niedersachsen |
Germany |
Iron and Steel |
1,321.2 |
2,840 |
Executives Report
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Australia: KME
Germany AG & Company Owns Trademark for 'AMC'
Australian Government: 07 April 2011
[What follows is the full text of the news story.]
Australia, April 7
-- KME Germany AG & Company KG, Osnabruck, Germany, owns the trademark
(1273893) for 'AMC' from Nov. 21, 2008, through Nov. 21, 2018.
Status:
Registered/Protected
Class/es: 6
[Unwrought and partly wrought common metals and their alloys, rolled, forged,
pressed, drawn, compressed and/or machined shaped metal parts and semi-finished
goods, preferably of copper or copper alloys; metal pipes], 37 [Installation,
servicing and repair of casting moulds for the continuous casting of metals and
metal alloys] and 42 [Planning of casting moulds for continuous casting of
metals and metal alloys]
Type of Mark: Word
Lodgement Date: Nov.
21, 2008
Date of
Acceptance: Dec. 1, 2009
Registration
Advertised: April 7, 2011
For further
details contact Spruson & Ferguson, NSW, Australia.
The original document can be viewed at:
http://pericles.ipaustralia.gov.au/atmoss/falcon_details.show_tm_details?p_tm_number=1273893&p_search_no=1&p_ExtDisp=D&p_detail=DETAILED&p_rec_no=15&p_rec_all=500
For any query with
respect to this article or any other content requirement, please contact Editor
at htsyndication@hindustantimes.com
Annual Profit & Loss
|
|
31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
0 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.719047 |
0.683679 |
0.730637 |
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Consolidated |
No |
No |
No |
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Total income |
1,321.2 |
1,999.3 |
- |
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Raw materials and services |
893.5 |
1,463.0 |
- |
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Net sales |
1,321.2 |
1,999.3 |
- |
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Change in stock |
-68.8 |
-15.3 |
- |
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Own work capitalised |
1.3 |
1.0 |
- |
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Other operating income |
37.0 |
26.7 |
- |
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Raw materials and consumables employed |
893.5 |
1,463.0 |
- |
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Other external charges |
31.0 |
49.9 |
- |
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Cost of goods sold |
924.5 |
1,512.9 |
- |
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Cost of raw materials |
924.5 |
1,512.9 |
- |
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Taxes and social security costs |
49.5 |
53.2 |
- |
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Total payroll costs |
214.2 |
283.3 |
- |
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Fixed asset depreciation and amortisation |
37.2 |
38.8 |
- |
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Other operating costs |
182.8 |
280.5 |
- |
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Net operating income |
23.4 |
36.5 |
- |
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Interest received from loans |
0.9 |
2.3 |
- |
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Income received from associated companies |
0.0 |
0.0 |
- |
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Other income |
5.9 |
11.4 |
- |
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Interest payable on loans |
14.3 |
32.9 |
- |
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Other expenses |
- |
0.0 |
- |
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Total expenses |
7.9 |
19.1 |
- |
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Profit before tax |
15.5 |
17.4 |
- |
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Provisions |
204.4 |
247.6 |
230.0 |
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Other taxes |
0.7 |
0.8 |
- |
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Total taxation |
3.4 |
5.0 |
- |
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Net profit |
11.4 |
11.6 |
- |
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Annual Balance
Sheet |
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Financials in:
USD (mil) |
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
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Consolidated |
No |
No |
No |
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Capital reserves |
24.3 |
23.5 |
24.7 |
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Profits for the year |
11.7 |
11.0 |
0.0 |
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Total stockholders equity |
323.0 |
312.6 |
317.2 |
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Deferred taxation |
3.5 |
3.2 |
25.3 |
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Other provisions |
72.3 |
100.2 |
82.6 |
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Provision for pensions |
135.1 |
131.9 |
137.7 |
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Provisions and allowances |
210.9 |
235.3 |
245.7 |
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Other debentures |
275.1 |
112.7 |
- |
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Owing to group/associated companies |
45.6 |
33.9 |
- |
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Taxes and social security |
1.4 |
0.8 |
- |
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Total long-term liabilities |
322.0 |
147.4 |
- |
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Trade creditors |
147.9 |
54.9 |
39.8 |
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Advances received |
10.6 |
10.0 |
7.3 |
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Other loans |
143.6 |
146.4 |
351.8 |
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Taxation and social security |
16.7 |
30.3 |
22.9 |
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Due to group companies |
36.9 |
51.4 |
76.8 |
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Total current liabilities |
355.6 |
293.0 |
498.5 |
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Regularisation account |
1.2 |
- |
- |
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Total liabilities (including net worth) |
1,212.7 |
988.3 |
1,061.4 |
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Patents |
3.1 |
2.3 |
1.9 |
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Intangibles |
3.6 |
2.3 |
2.0 |
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Land and buildings |
147.8 |
144.8 |
157.0 |
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Machinery and tools |
190.2 |
202.2 |
216.6 |
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Fixtures and equipment |
147.8 |
144.8 |
157.0 |
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Fixed assets under construction |
6.0 |
5.9 |
13.7 |
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Total tangible fixed assets |
363.2 |
373.7 |
411.4 |
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Long-term investments |
0.2 |
- |
- |
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Other financial assets |
- |
- |
0.8 |
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Shares held in associated companies |
6.8 |
3.7 |
3.8 |
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Participating interest |
0.7 |
0.8 |
- |
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Total financial assets |
7.7 |
4.5 |
4.7 |
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Total non-current assets |
374.4 |
380.5 |
418.1 |
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Net stocks and work in progress |
295.3 |
294.7 |
328.7 |
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Trade debtors |
74.4 |
31.7 |
42.4 |
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Other receivables |
130.1 |
67.9 |
53.8 |
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Total receivables |
460.2 |
292.0 |
255.5 |
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Owing from associated companies |
255.5 |
192.3 |
159.3 |
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Owing from participants |
0.1 |
0.1 |
0.0 |
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Cash and liquid assets |
80.3 |
18.1 |
53.4 |
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Total current assets |
835.7 |
604.8 |
637.6 |
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Prepaid expenses and deferred costs |
2.5 |
3.0 |
5.7 |
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Total assets |
1,212.7 |
988.3 |
1,061.4 |
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Annual Ratios |
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Financials in:
USD (mil) |
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31-Dec-2009 |
31-Dec-2008 |
31-Dec-2007 |
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Period Length |
12 Months |
12 Months |
0 Months |
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Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.696986 |
0.719399 |
0.683971 |
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Consolidated |
No |
No |
No |
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Current ratio |
23.50 |
20.64 |
12.79 |
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Acid test ratio |
15.20 |
10.58 |
6.20 |
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Total liabilities to net worth |
0.21% |
0.14% |
0.16% |
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Net worth to total assets |
0.03% |
0.03% |
0.03% |
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Current liabilities to net worth |
0.11% |
0.09% |
0.16% |
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Current liabilities to stock |
0.12% |
0.10% |
0.15% |
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Fixed assets to net worth |
0.12% |
0.12% |
0.13% |
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Collection period |
201.00 |
62.00 |
- |
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Stock turnover rate |
2.17 |
1.55 |
- |
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Profit margin |
0.00% |
0.00% |
- |
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Return on assets |
0.00% |
0.00% |
- |
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Shareholders' return |
0.00% |
0.00% |
- |
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Sales per employee |
33.42 |
46.81 |
- |
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Profit per employee |
0.29 |
0.27 |
- |
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Average wage per employee |
5.42 |
6.63 |
- |
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Net worth |
323.0 |
312.6 |
317.2 |
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Number of employees |
2,843 |
2,920 |
- |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.22 |
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|
1 |
Rs.76.07 |
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Euro |
1 |
Rs.65.06 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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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 |
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-- |
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.