MIRA INFORM REPORT

 

 

Report Date :

17.10.2011

 

IDENTIFICATION DETAILS

 

Name :

SAMSUNG TOTAL PETROCHEMICALS CO., LTD.

 

 

Registered Office :

411-1, Dokgot-ri, Daesan-eup, Seosan-si, Chungcheongnam-do, Korea 356-874

 

 

Country :

South Korea

 

 

Financials (as on) :

30.06.2011

 

 

Date of Incorporation :

01.08.2003

 

 

Com. Reg. No.:

316-81-04477

 

 

Legal Form :

Co., Ltd by shares

 

 

Line of Business :

Manufacture of Basic Organic Petrochemicals

 

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

 

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Exists

 

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

South Korea

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Basic information

 

Company Name

SAMSUNG TOTAL PETROCHEMICALS CO., LTD.

(Korean Company Name : “삼성토탈()”)

Registered Address

411-1, Dokgot-ri, Daesan-eup, Seosan-si, Chungcheongnam-do, Korea

Building

 

Zip Code

356-874

Tel

+82-41-660-6114

Fax

+82-41-681-4812

E-mail

webmaster@samsungtotal.com

Website

www.samsungtotal.com

Trading Address

24F Samsung Electronics Bldg, 1320-1, Seocho 2-dong, Seocho-gu, Seoul, 137-857, Korea

Tel

+82-2-3415-9409

Fax

+82-2-3415-9410

Other Address

 

Tel

 

Fax

 

Type

Export/Import

Industry

Manufacture of Basic Organic Petrochemicals

  Main Business

Ethylene, Stylene Monomer, SM, P-Xylene, Polyethylene

  Sub Business

 

Established (mm/dd/yyyy)

08/01/2003

The Subject owns the premises of registered HQ address.

 

 

Detailed Products

 

Activity

Detailed Products (UNSPSC)

Sell

Compounded resin(13111037)

Sell

Resins(13111000)

Sell

Petroleum resins(13111060)

Sell

High Density Polyethylene HDPE(13102017)

Sell

Flouropolymer films(13111206)

Sell

Polyvinyl acetate(13111045)

Sell

Fuel oil(15101700)

Sell

Medium Density Polyethylene MDPE(13102019)

Sell

Polypropylene PP(13102022)

Sell

Benzene(15101507)

Sell

Alcohols or its substitutes(12352104)

Sell

Medium Density Polyethylene MDPE(13102019)

Sell

Styrene acrylonitrile resin(13111026)

Sell

Petroleum and distillates(15101500)

Sell

Low Density Polyethylene LDPE(13102018)

Sell

Solvents(12190000)

Sell

Ethylene propylene EP(13101704)

Sell

Polystyrene PS(13102026)

Sell

Aromatic or heterocyclic compounds(12352005)

Sell

Organic derivatives and substituted compounds(12352100)

 

 

CEO’s

 

Name

Sohn Seok-Won

Address

 

Date of Birth

12/06/1953

Title

Co-President & CEO

Sex

Male

Nationality

Korean

 

 

Profiles

 

Capital (KRW)

95,826,580,000

Employees

1,087

Formation

Co., Ltd by shares

A company of Samsung Group

Foreign Direct Investment Corporation

Bank Details

Woori Bank-Samsung Corporate Sales HQ Team

Corporate Registered No.

161411-0013066

Business Registered No.

316-81-04477

Permit & Licenses

The Subject acquired ISO 9002 certification, a quality management system, from QA (British Standards Institution Quality Assurance) and received additional certification on LLDPE product of July 1995.

In June 2002, The Subject converted ISO 9002, existing quality management system, ISO 9001:2000 system in order to continuously provide products & services that satisfy customers’ demand.

Also, in February 2001, The Subject acquired ISO 9001:2000 from KFQ (Korean Foundation for Quality) on pipe, electricity, and electronic of plant for resin compound and resin compound product for industrial use.

The Subject acquired ISO 14001 certification in November 1996 for all plants and utility facility within Seosan complex from BSI-QA (British Standards Institution Quality Assurance) of Great Britain, an international ISO standard institute.

- KOSHA 18001 program last February 2000 by Korea Occupational Safety & Health Agency (jointly with Great Britain’s BSI)

- The Subject acquired certifications for around 70 Grade on nonflammable resin and heat resist resin

- In February 2001, The Subject was the first in the domestic chemical industry to acquire QS-9000, an international quality system for automobile component materials, from KFQ (Korean Foundation for Quality).

-On September 2000, The Subject became a member of RCLG (Responsible Care Leadership Group) and plan to enact the roles and responsibilities accordingly.

Shareholder Position

Name

Shares

%

Samsung General Chemicals Co., Ltd.

9,582,658

50.0

Total Holdings U.K. Limited

9,582,658

50.0

Total

19,165,316

100.0

Company History

08/01/2003 Incorporated as SAMSUNG ATOFINA CO., LTD., as a JV between TOTAL HOLDINGS U.K. LIMITED and SAMSUNG GENERAL CHEMICALS CO., LTD.(161411-0001243)

08/05/2003 Registered as a Foreign Direct Investment Corporation

10/05/2004 Changed company name to the present name

 

 

 

 

Management

 

Job Description

Title

Name

Nationality

Date of Birth

Education

Co-President & CEO

Mr.

Sohn Seok-Won

Korean

1953.12.06

Seoul National University, Korea

Co-President & CEO

Mr.

Mark Bander Elst

Belgium

1955.05.21

-

Director

Mr.

Park Sung-Hoon

Korean

1954.04.07

Busan National University, Korea

Director

Mr.

Yoo Suk-Ryul

Korean

1950.04.21

KAIST, Seoul National University, Korea

Outside Director

Mr.

Carl Van Camp

Belgium

1952.06.20

Ghent University, Belgium                         

Outside Director

Mr.

Graeme John  Burnett

UK

1954.06.02

Teesside University, UK

Auditor

Mr.

Kim Kwang-Il

Korean

1964.12.07

-

Auditor

Mr.

Lee Ho-Jin

Korean

1957.04.24

Yonsei University, Korea

 

 

Financials

 

Year / Unit : KRW

Sales

Assets

Net Income

(*)06/2011

3,098,363,166,542

3,764,328,814,566

181,148,067,364

2010

5,626,040,827,649

3,166,970,106,487

317,689,231,615

2009

4,731,235,852,635

3,119,540,097,167

355,969,065,919

2008

5,298,168,967,664

2,811,203,647,086

17,412,775,319

2007

3,752,373,157,912

2,813,222,561,217

269,350,700,933

2006

3,320,846,519,386

2,384,956,857,447

307,266,486,491

2005

2,812,324,971,855

2,289,105,346,652

289,146,078,071

2004

2,694,936,570,269

2,188,321,212,161

377,151,395,184

2003

878,691,572,825

2,058,142,888,433

92,042,607,788

 

 

Financial Description

 

Authorized Capital(KRW)

350,000,000,000

Paid-Up Capital(KRW)

95,826,580,000

Total Issues Shares

19,165,316

 

 

Balance Sheet

 

Unit : Korean Won

01/01/2011~06/30/2011

As of 12/31/2010

As of 12/31/2009

Total Assets

3,764,328,814,566

3,403,825,585,766

 

Current Assets

1,663,368,991,174

1,468,844,987,312

 

Cash & Cash Equivalents

147,223,047,642

191,327,155,579

 

Trade Receivables & Other Receivables

654,995,551,885

581,036,914,039

 

Prepaid Expenses

11,763,727,010

14,084,261,755

 

Other Current Assets

58,238,813

1,023,129,208

 

Inventories

849,328,425,824

681,373,526,731

 

Non-Current Assets

2,100,959,823,392

1,934,980,598,454

 

Investment_Subsidiaries

13,310,399,500

13,310,399,500

 

Marketable Financial Instruments

437,555,475

414,972,443

 

Long-Term Loans

2,402,618,000

762,796,000

 

Long-Term Trade Receivables

2,016,518,457

1,984,622,458

 

Long-Term Prepaid Expenses

21,322,022,934

22,063,929,697

 

Tangibles

1,991,354,949,683

1,827,887,496,239

 

Intangibles

20,043,380,730

17,787,093,464

 

Other Non-Current Assets

52,735,377

52,735,377

 

Deferred Income Tax Assets

50,019,643,236

50,716,553,276

 

Total Liabilities

1,862,142,919,277

1,526,972,503,261

 

Current Liabilities

1,117,493,867,276

1,065,268,717,168

 

Trade Payables & Other Payables

624,313,236,581

566,256,020,509

 

Short-Term Borrowings

418,130,783,616

274,104,639,817

 

Current Portion of Long-Term Debts

4,638,800,000

154,170,454,209

 

Accrued Income Tax

53,809,377,030

53,136,561,367

 

Finance Lease Debts

6,995,370,215

6,950,468,864

 

Other Current Liabilities

9,606,299,834

10,650,572,402

 

Non-Current Liabilities

744,649,052,001

461,703,786,093

 

Debentures

450,214,549,536

149,485,680,955

 

Long-Term Borrowings

11,167,600,000

13,594,500,000

 

Long-Term Debts

8,808,861,364

11,006,558,240

 

Finance Lease Debts

220,404,938,841

236,642,953,158

 

Provision for Severance & Retirement

54,053,102,260

50,974,093,740

 

Capital Stock

95,826,580,000

95,826,580,000

 

Capital Surplus

864,898,306,667

864,898,306,667

 

Others

3,029,361,220

-

 

Profit Surplus

938,431,647,402

916,128,195,838

 

Total Equity

1,902,185,895,289

1,876,853,082,505

 

Liab. & Shareholder’s Equity

3,764,328,814,566

3,403,825,585,766

 

 

 

Balance Sheet

 

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Total Assets

3,166,970,106,487

3,119,540,097,167

2,811,203,647,086

Current Assets

1,338,708,798,609

1,341,676,823,690

947,563,362,210

-Quick Assets

657,335,271,878

811,363,243,484

542,971,445,162

-Inventories

681,373,526,731

530,313,580,206

404,591,917,048

Fixed Assets

1,828,261,307,878

1,777,863,273,477

1,863,640,284,876

-Investment

15,358,231,882

11,785,548,511

7,779,905,649

-Tangibles

1,766,023,169,512

1,713,277,034,371

1,786,640,454,319

-Intangibles

6,190,681,148

6,489,610,602

6,731,049,889

-Others

40,689,225,336

46,311,079,993

62,488,875,019

Total Liabilities

1,146,894,432,617

1,170,221,248,239

1,216,330,837,729

Current Liabilities

918,044,971,152

940,727,633,923

777,798,032,956

Fixed Liabilities

228,849,461,465

229,493,614,316

438,532,804,773

Capital Stock

95,826,580,000

95,826,580,000

95,826,580,000

Capital Surplus

864,898,306,667

864,898,306,667

864,898,306,667

Profit Surplus

1,059,155,974,910

990,645,089,435

643,382,411,176

Capital Adjustment

194,812,293

-2,051,127,174

-9,234,488,486

Total Equity

2,020,075,673,870

1,949,318,848,928

1,594,872,809,357

Liab. & Shareholder’s Equity

3,166,970,106,487

3,119,540,097,167

2,811,203,647,086

 

 

Income Statement

 

Unit : Korean Won

01/01/2011~06/30/2011

As of 12/31/2010

As of 12/31/2009

Sales

3,098,363,166,542

 

 

Cost of Sold Goods

2,780,347,038,140

 

 

Gross Profit

318,016,128,402

 

 

Selling & Admin. Expenses

58,428,787,069

 

 

Other Operating Income

598,827,309

 

 

Other Operating Expenses

8,624,776,883

 

 

Operating Income

251,561,391,759

 

 

Finance Income

62,296,825,369

 

 

Finance Expenses

86,453,350,254

 

 

Non-Operating Income

5,760,388,141

 

 

Non-Operating Expenses

2,446,391,276

 

 

Income Before Taxes

230,718,863,739

 

 

Income Taxes Expenses

49,570,796,375

 

 

Net Income

181,148,067,364

 

 

 

 

Income Statement

 

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Sales

5,626,040,827,649

4,731,235,852,635

5,298,168,967,664

Cost of Sold Goods

5,057,891,875,548

4,083,183,771,081

5,076,929,464,386

Gross Profit

568,148,952,101

648,052,081,554

221,239,503,278

Selling & Admin. Expenses

142,600,726,368

144,541,604,060

133,973,128,943

Operating Income

425,548,225,733

503,510,477,494

87,266,374,335

Non-Operating Income

174,756,408,382

183,421,155,036

394,122,640,209

Non-Operating Expenses

183,388,807,551

219,765,082,330

460,843,951,411

Income Before Taxes

416,915,826,564

467,166,550,200

20,545,063,133

Income Taxes Expenses

99,226,594,949

111,197,484,281

3,132,287,814

Net Income

317,689,231,615

355,969,065,919

17,412,775,319

 

 

Cash Flows

 

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Operating Activities Cash Flows

93,930,331,435

 

 

Net Income

181,148,067,364

 

 

Adjustment

183,533,835,334

 

 

Adjustment

-222,305,668,999

 

 

Interests Received

609,603,629

 

 

Income Taxes

-49,055,505,893

 

 

Cash Flows from Investing

-271,827,610,985

 

 

Cash Flows from Financing

133,793,171,613

 

 

Increase/Decrease in Cash

-44,104,107,937

 

 

Cash at the Beginning of Year

191,327,155,579

 

 

Cash at the End of Year

147,223,047,642

 

 

 

 

Cash Flows

 

Unit : Korean Won

As of 12/31/2010

As of 12/31/2009

As of 12/31/2008

Cash Flows from Operating

284,013,396,289

610,318,527,756

180,509,094,639

-Net Income

317,689,231,615

355,969,065,919

17,412,775,319

-Exp. without Cash Outflow

186,085,761,031

206,835,771,411

296,430,614,989

-Revenue without Cash Inflows

-8,225,345,325

-23,661,269,626

-99,934,753,447

-Changes in Asset/ & Liability

-211,536,251,032

71,174,960,052

-33,399,542,222

Cash Flows from Investing

-220,091,477,985

-103,412,649,491

-78,152,046,749

-Cash Inflow from Investing

4,041,328,584

8,903,893,631

40,482,507,841

-Cash Outflows for Investing

-224,132,806,569

-112,316,543,122

-118,634,554,590

Cash Flows from Financing

-240,114,449,730

-381,986,683,997

46,412,482,957

-Cash Inflows from Financing

245,947,696,410

149,502,800,000

182,002,833,417

-Cash Outflows from Financing

-486,062,146,140

-531,489,483,997

-135,590,350,460

Increase/Decrease in Cash

-176,192,531,426

124,919,194,268

148,769,530,847

Cash at the Beginning of Year

367,519,687,005

242,600,492,737

93,830,961,890

Cash at the End of Year

191,327,155,579

367,519,687,005

242,600,492,737

 

 

Products, Technologies, Services Description

 

Main Products & Services

The subject’s operations encompass three production units. Naphtha is cracked at the naphtha cracking center to produce ethylene and propylene, which in turn are used as the feedstock for polymer (polyolefin) production. The aromatics plant, meanwhile, uses paraxylene as the feedstock for base materials used in synthetic fabrics and petrochemical products. This third unit covers petrochemical products.

The polymer unit covers high-density polyethylene, low-density polyethylene ,linear low-density polyethylene, ethylene vinyl acetate, medium-density polyethylene , polypropylene and composite polypropylene. The base chemical (olefin and intermediate) operation produces and markets ethylene and propylene as well as paraxylene, styrene monomer, ethylene glycol/ethylene oxide. Finally, the petrochemical product unit deals in LPG, solvents and byproduct fuels.

Annual Production Capacity

(Unit: Thousand M/T)

Item

2006

2005

2004

Ethylene

650

650

630

S    M

670

670

670

EO / EG

117

117

110

H D P E

175

175

175

LD/LLDPE

225

225

225

P    P

270

270

270

Benzene

580

580

530

P    X

600

600

480

Technologies Acquired

 

 

 

Trade Partners & Competitors

 

Suppliers

HYUNDAI OIL REFINERY CO., LTD.(110111-0090558)

Customers

LOTTE DAESAN PETROCHEMICAL CORPORATION(161411-0014684)

LG CHEM LTD(110111-2207995)

Competitors

BASF COMPANY LTD.

373-15, HWACHI-DONG, YEOSU-SI, JEOLLANAM-DO, KOREA

TEL:+82-61-680-7000  FAX:+82-61-684-7260

 

HONAM PETROCHEMICAL CORPORATION

11TH FL., LOTTE GWANAK TOWER, 395-67, SINDAEBANG 2-DONG, DONGJAK-GU, SEOUL, KOREA

TEL:+82-2-829-4114 FAX:+82-2-843-1010

 

SAM NAM PETROCHEMICAL CO., LTD.

4TH FL., SAMYANG CO. BLDG., 263, YEONJI-DONG, JONGNO-GU, SEOUL, KOREA

TEL:+82-2-740-7450~1 FAX:+82-2-745-4225

Affiliates-Domestic

RELATED PARTIES

(SUBSIDIARIES, JOINT-VENTURE & AFFILIATES)

 

 

SAMSUNG C&T CORPORATION

1321-20, SEOCHO 2-DONG, SEOCHO-GU, SEOUL, KOREA

TEL:+82-2-2145-2114  FAX:+82-2-2145-3114

INDUSTRY: WHOLESALE OF NON-SPECIALIZED GOODS

 

SAMSUNG FINE CHEMICALS CO., LTD.

190, YEOCHEON-DONG, NAM-GU, ULSAN, KOREA

TEL:+82-52-270-6114 FAX:+82-52-272-7925

INDUSTRY: MANUFACTURE OF NITROGENOUS, PHOSPHATIC AND POTASSIC FERTILIZERS

 

SAMSUNG ELECTRO-MECHANICS CO., LTD.

314, MAETAN 3-DONG, YEONGTONG-GU, SUWON, KYONGGI-DO 443-743 KOREA

TEL:+82-31-210-5114  FAX:+82-31-210-5087

INDUSTRY: MANUFACTURE OF COMPUTER OUTPUT/INPUT UNITS AND PERIPHERAL EQUIPMENT

 

SAMSUNG SDI CO., LTD.

575, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI-DO 443-731 KOREA

TEL:+82-31-210-7114  FAX:+82-31-210-7161

INDUSTRY: MANUFACTURE OF ELECTRONIC VALVES AND TUBES

 

SAMSUNG TECHWIN CO., LTD.

28, SEONGJU-DONG, CHANGWON, GYEONGNAM-DO 641-120 KOREA

TEL:+82-55-260-2114  FAX:+82-55-260-2230

INDUSTRY: MANUFACTURE OF ENGINES FOR AIRCRAFT

 

SEOUL COMMTECH CO., LTD.

448-11, SEONGNAE 3-DONG, GANGDONG-GU, SEOUL 134-847 KOREA

TEL:+82-2-2225-6550  FAX:+82-2-2225-6080

INDUSTRY: MANUFACTURE OF COMMUNICATION APPARATUSES WITHOUT ANY LINE CONNECTION AND RADIO OR TELEVISION BROADCASTING APPARATUSES

 

SAMSUNG ECONOMIC RESEARCH INSTITUTE

8FL., KUKJE CENTER BLDG., 191, HANGANGNO 2-GA, YONGSAN-GU, SEOUL 140-702 KOREA

TEL:+82-2-3780-8000  FAX:+82-2-3780-8005

INDUSTRY: RESEARCH AND EXPERIMENTAL DEVELOPMENT ON ECONOMICS

 

SAMSUNG SDS CO., LTD.

ILOK BLDG., 707-19, YEOKSAM 2-DONG, GANGNAM-GU, SEOUL 135-918 KOREA

TEL:+82-2-3429-2174  FAX:+82-2-3429-2100

INDUSTRY: COMPUTER SYSTEM DESIGN AND CONSULTANCY

 

SAMSUNG NETWORKS INC.

8 FL., ASEM TOWER, 159-1, SAMSEONG 1-DONG, GANGNAM-GU, SEOUL 135-798 KOREA

TEL:+82-2-2192-3114  FAX:+82-2-3415-6801

INDUSTRY: OTHER SOFTWARE CONSULTANCY AND SUPPLY

Affiliates-Domestic

SAMSUNG CORNING CO., LTD.

472, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-732 KOREA

TEL:+82-31-219-7114  FAX:+82-31-219-7010

INDUSTRY: MANUFACTURE OF LABORATORY AND OTHER INDUSTRIAL GLASSWARE

 

SAMSUNG LIONS CO., LTD.

6, GOSEONG 3-GA, BUK-GU, DAEGU 702-073 KORE

TEL:+82-53-859-3155  FAX:+82-53-859-3118

INDUSTRY: SPORTS TEAMS AND CLUBS

 

MEMC KOREA COMPANY

27, OMOK-RI, SEONGGEO-EUP, CHEONAN-SI, CHUNGNAM-DO 330-831 KOREA

TEL:+82-41-550-4114  FAX:+82-41-550-4498

INDUSTRY: MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES

 

SAMSUNG CORNING PRECISION GLASS CO., LTD.

644-1, JINPYEONG-DONG, GUMI, GYEONGBUK-DO 730-360 KOREA

TEL:+82-54-470-4114  FAX:+82-54-470-4381

INDUSTRY: MANUFACTURE OF LABORATORY AND OTHER INDUSTRIAL GLASSWARE

 

SAMSUNG HEAVY INDUSTRIES CO., LTD.

KIPS, 647-9, YEOKSAM-DONG, GANGNAM-GU, SEOUL 135-080 KOREA

TEL:+82-2-3458-7000  FAX:+82-2-3458-7100

INDUSTRY: BUILDING OF STEEL SHIPS

 

HOTEL SHILLA LTD.

202, JANGCHUNGDONG 2-GA, JUNG-GU, SEOUL 100-856 KOREA

TEL:+82-2-2230-3226  FAX:+82-2-2230-3795

INDUSTRY: HOTELS

 

CHEIL COMMUNICATIONS INC.

736-1, HANNAM-DONG, YONGSAN-GU, SEOUL 140-210 KOREA

TEL:+82-2-3780-2114  FAX:+82-2-3780-2462

INDUSTRY: MEDIA ADVERTISING AGENCIES

 

SAMSUNG PETROCHEMICAL CO., LTD.

500, BUGOK-DONG, NAM-GU, ULSAN 680-110 KOREA

TEL:+82-52-278-6000  FAX:+82-52-273-9971

INDUSTRY: MANUFACTURE OF BASIC ORGANIC PETROCHEMICALS

 

NOVITA CO., LTD.

SAN 22, JAEUNGA-RI, JIKSAN-EUP, CHEONAN, CHUNGNAM-DO 330-815 KOREA

TEL:+82-41-580-7728  FAX:+82-41-583-4320

INDUSTRY: MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES

 

SAMSUNG GWANGJU ELECTRONICS CO., LTD.

271, OSEON-DONG, GWANGSAN-GU, GWANGJU 506-253 KOREA

TEL:+82-62-950-6114  FAX:+82-62-950-6710

INDUSTRY: MANUFACTURE OF OTHER DOMESTIC ELECTRIC APPLIANCES

Affiliates-Domestic

SAMSUNG CARD CO., LTD.

2ND FL., EUNSEOK BLDG. WEST., 1-7, YEONJI-DONG, JONGNO-GU, SEOUL 110-754 KOREA

TEL:+82-2-2172-8819  FAX:+82-2-2172-8023

INDUSTRY: CREDIT CARD AND INSTALLMENT FINANCE COMPANIES

 

STECO LTD.

588, MYEONGHAK-RI, DONG-MYEON, YEONGI-GUN, CHUNGNAM-DO 339-863 KOREA

TEL:+82-41-861-1823  FAX:+82-41-861-1896

INDUSTRY: MANUFACTURE OF DIODES, TRANSISTORS AND SIMILAR SEMI-CONDUCTOR DEVICES

 

DNS KOREA CO., LTD.

623-5 EOPSEONG-DONG CHEONAN-SI CHUNGNAM-DO 330-290 KOREA

TEL:+82-41-620-8000

 

SECRON CO., LTD.

ADDRESS (330-200) 4-4, CHAAM-DONG, CHEONAN-SI, CHUNGNAM-DO 330-200 KOREA

TEL:+82-41-620-5050  FAX:+82-41-620-5069

INDUSTRY: MANUFACTURE OF SEMICONDUCTOR- MAKING MACHINERY

 

SAMSUNG ELECTRONICS SERVICE CO., LTD.

SAMSUNG ELECTRONICS CS ACADEMY, 327, WONCHEON-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-822 KOREA

TEL:+82-31-270-2611  FAX:+82-31-270-2644

INDUSTRY: REPAIR SERVICES OF ELECTRICAL HOUSEHOLD MACHINERY AND APPLIANCES

 

SAMSUNG THALES CO., LTD.

259, GONGDAN-DONG, GUMI, GYEONGBUK-DO 730-030 KOREA

TEL:+82-54-460-8511  FAX:+82-54-460-8529

INDUSTRY: MANUFACTURE OF OTHER ELECTRONIC VALVES, TUBES AND ELECTRONIC COMPONENTS N.E.C.

 

LIVING PLAZA CO., LTD.

261-1, SEOHYEON-DONG, BUNDANG-GU, SEONGNAM, KYONGGI 463-824 KOREA

TEL:+82-2-3460-6770  FAX:+82-2-3460-6775

INDUSTRY: WHOLESALE OF HOUSEHOLD ELECTRIC APPLIANCES

 

BLUE-TEK CO., LTD.

416, MAETAN 3-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-803 KOREA

TEL:+82-31-200-4140  FAX:+82-31-200-4112

INDUSTRY: WHOLESALE OF HOUSEHOLD ELECTRIC APPLIANCES

 

SAMSUNG ELECTRONICS LOGITECH CO., LTD.

401, SIN-DONG, YEONGTONG-GU, SUWON, KYONGGI 443-390 KOREA

TEL:+82-31-200-1800  FAX:+82-31-200-1822

INDUSTRY: ALL OTHER SUPPORTING TRANSPORT SERVICES N.E.C.

 

SAMSUNG ELECTRONICS FOOTBALL CLUB CO., LTD.(135811-0160126)

(*) As of 12/31/2008, this company has been included of an affiliated company of Samsung Electronics Co., Ltd.

Affiliates-Overseas

SAMSUNG JAPAN CO., LTD.

SAMSUNG AMERICA INC.

SAMSUNG FINANCE CORPORATION.

SAMSUNG MEXICO ENGINEERING & CONSTRUCTION

CANADA TRADE GROUP INC.

FISHROUND, INC.

ZIREX CORPORATION INC.

SAMSUNG TEXAS CONSTRUCTION INC.

SAMSUNG OIL & GAS USA CORP

SAMSUNG DEUTSCHLAND GMBH

SAMSUNG (U.K) LTD.

SAMSUNG TRADING PLC.

XIOD DISTRIBUTION

SAMSUNG FRANCE S.A.S.

SAMSUNG ENGINEERING & CONSTRUCTION (M) SDN.BHD.

SAMSUNG MALAYSIA SDN. BHD.

ERDSAM CO., LTD.

SAMSUNG PETROLEUM SINGAPORE LTD.

P.T. SAMSUNG DEVELOPMENT

SAMSUNG DEVELOPMENT (THAILAND) CO., LTD.

SAMSUNG THAILAND CO., LTD.

CHEIL HOLDING INC.

SAMSUNG CONST. CO. PHILS.,INC.

SAMSUNG DESIGN PHILIPPINES INC

SAMSUNG (AUSTRALIA) PTY., LTD.

SAMSUNG OIL & GAS(TIMOR SEA 06-102) LTD.

SAMSUNG (HONGKONG) LTD.

S.S. TAIWAN CO., LTD.

SAMSUNG E&C (SHANGHAI) CO.,LTD.

DONGGUAN SAMSUNG STEEL CENTER CO., LTD.

SAMSUNG NIGERIA CO., LTD.

SAMSUNG ASIA PRIVATE LTD.

SAMSUNG SDI AMERICA, INC.

SAMSUNG SDI (MALAYSIA) SDN. BHD.

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

ASSOCIATED WOOL EXPORTERS PTY., LTD.

ESAMSUNG JAPAN CORPORATION.

SAMSUNG FINANCE CORPORATION.

SAMSUNG PACIFIC CONSTRUCTION INC.

MEADOWLAND DISTRIBUTION

SAMSUNG WEBTRADE.COM INC.

ZIREX CORPORATION INC.

WEB2ZONE., INC.

Affiliates-Overseas

SAMSUNG FOODS AUSTRALIA PTY. LTD.

SAMSUNG ITALIA S.A.R.L.

S.C. OTELINOX S.A

XIOD DISTRIBUTION

JSC RUSTONA

SS KUKDONG JASATERA J/V

SETIS CO., LTD

SAMSUNG CONST. CO. PHILS.,INC.

SAMSUNG THAILAND CO., LTD.

KARSON INDUSTRIAL CO., LTD.

ENTERPRISE CO., LTD.

SAMSUNG (CHINA) LOGISTICS LTD.

SAMSUNG CORPORATION (GAUNGZHOU) LIMITED.

DONGGUAN SAMSUNG STEEL CENTER CO., LTD.

SINO-SAMSUNG LOGISTICS CO., LTD

SAMSUNG YOKOHAMA RESEARCH INSTITUTE

SAMSUNG ELECTRONICS AMERICA INC.

SAMSUNG ELECTRONICS CANADA INC.

SAMSUNG ELECTRONICS MEXICO S.A. DE C.V.

SAMSUNG ELECTRONICS (UK) LTD.

SAMSUNG ELECTRONICS LTD.

SAMSUNG ELECTRONICS HOLDING GMBH

SAMSUNG ELECTRONICS IBERIA, S.A.

SAMSUNG ELECTRONICS FRANCE S.A.S

SAMSUNG ELECTRONICS HUNGARIAN RT.

SAMSUNG ELECTRONICS ITALIA S.P.A.

SAMSUNG ELECTRONICS EUROPE LOGISTICS B.V.

SAMSUNG ELECTRONICS BENELUX B.V.

SAMSUNG ELECTRONICS OVERSEAS B.V.

SAMSUNG ELECTRONICS POLSKA, SP.ZO.O

SAMSUNG ELECTRONICS PORTUGUESA S.A.

SAMSUNG ELECTRONICS NORDIC AKTIEBOLAG

SAMSUNG ELECTRONICS AUSTRIA GMBH

SAMSUNG ELECTRONICS SLOVAKIA S.R.O

SAMSUNG ELECTRONICS DISPLAY (M) SDN.OMD.(HSD)

SAMSUNG ELECTRONICS MALAYSIA SDN.BHD.

SAMSUNG VINA ELECTRONICS CO., LTD.

SAMSUNG ASIA PRIVATE LTD.

SAMSUNG INDIA ELECTRONICS PRIVATE. LTD

SAMSUNG INDIA SOFTWARE OPERATIONS PVT. LTD.

SAMSUNG TELECOMMUNICATIONS INDIA

SAMSUNG ELECTRONICS AUSTRALIA PTY. LTD.

SAMSUNG ELECTRO-MECHANICS  INDONESIA, PT

THAI-SAMSUNG ELECTRONICS CO. LTD.

SAMSUNG ELECTRONIC PHILIPPINE MANUFACTURING CORP.

SAMSUNG MALAYSIA ELECTRONICS (SME) SDN. BHD.

SAMSUNG ELECTRONICS ASIA HOLDING PTE LTD

SAMSUNG ELECTRONICS HONG KONG CO., LTD.

SOUZHOU SAMSUNG ELECTRONICS CO., LTD

SAMSUNG (CHINA) INVESTMENT CO., LTD

Affiliates-Overseas

SAMSUNG ELECTRONICS SOUZHOU SEMICONDUCTOR CO., LTD.

SAMSUNG ELECTRONICS DIGITAL PRINTING

SAMSUNG ELECTRONICS HUIZHOU CO., LTD.

TIANJIN SAMSUNG ELECTRONICS CO., LTD.

SAMSUNG ELECTRONICS TAIWAN CO., LTD.

TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD.

TIANJIN SAMSUNG TELECOM TECHNOLOGY CO., LTD.

SHANGHAI SAMSUNG SEMICONDUCTOR CO., LTD.

SAMSUNG ELECTRONICS SUZHOU COMPUTER CO.,LCD

SAMSUNG ELECTRONICS SUZHOU LCD CO.,LCD

SHENZHEN SAMSUNG KEJIAN MOBILE TELECOM. TECH. CO., LTD.

SAMSUNG SEMICONDUCTOR CHINA R&D.,LTD.

SAMSUNG ELECTRONICS HAINAN FIBEROPTICS CO., LTD

HANGZHOU SAMSUNG EASTCOM NETWORK TECHNOLOGY CO., LTD.

SAMSUNG GULF ELECTRONICS CO., LTD.

SAMSUNG ELECTRONICS SOUTH AFRICA (PTY) LTD.

SAMSUNG ELECTRONICS LATIN AMERICA PANAMA (ZONA LIBRE) S.A.

SAMSUNG ELECTRONICA DA AMAZONIA LTDA.

SAMSUNG ELECTRONICS ARGENTINA S.A.

SAMSUNG ELECTRONICS CHILE LIMITADA(LTDA)

SAMSUNG-CROSNA JOINT STOCK COMPANY

SAMSUNG ELECTRONICS RUS CO.

SAMSUNG RUSSIA SERVICE CENTER

SAMSUNG SDI BRASIL LTDA.

SEMES AMERICA,INC.(FORMER, KDNSA)

Affiliates-Overseas

SCOMMTECH JAPAN CO.LTD

SAMSUNG TELECOMMUNICATIONS AUSTRALIA PTY LTD.

SAMSUNG ELECTRONICS HUIZHOU CO., LTD.

SAMSUNG RECEIVABLES CORPORATION

SAMSUNG SEMICONDUCTOR INC.

SAMSUNG INFORMATION SYSTEMS AMERICA INC.

SAMSUNG INTERNATIONAL INC.

SAMSUNG TELECOMMUNICATIONS AMERICA LIMITED LIABILITY COMPANY

SAMSUNG AUSTIN SEMICONDUCTOR LLC.

SAMSUNG RECEIVABLES CORPORATION

SAMSUNG SEMICONDUCTOR INTERNATIONAL.INC.

SAMSUNG SEMICONDUCTOR MEXICO, S.A.DE C.V.

TASMAN PROPERTIES, INC.

SAMSUNG AUSTIN SEMICONDUCTOR LLC.

SAMSUNG MEXICANA S.A. DE C.V.

SAMSUNG ELECTRONICS MANUFACTURING (U.K.) LTD.

SAMSUNG TELECOMS (UK) LTD.

SAMSUNG SEMICONDUCTOR EUROPE LIMITED

SAMSUNG SEMICONDUCTOR EUROPE GMBH

SAMSUNG ELECTRONICS GMBH

SAMSUNG SEMICONDUCTOR FRANCE S.A.R.L

SAMSUNG SEMICONDUCTOR ITALIA S.R.L

SAMSUNG SEMICONDUCTOR SWEDEN AB

SAMSUNG ELECTRONICS SLOVAKIA S.R.O

SAMSUNG TELECOMMUNICATIONS BENELUX

SAMSUNG ELECTRONICS RUS

SAMSUNG ELECTRONICS UKRAINE

SAMSUNG ELECTRONICS KAZAKHSTAN

TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD.

SAMSUNG ELECTRONICS DISPLAY (M) SDN.OMD.(HSD)

SAMSUNG ELECTRONICS PHILIPPINES CORPORATION (FORMER, SMC)

SAMSUNG SDI (MALAYSIA) SDN. BHD.

SAMSUNG ELECTRO-MECHANICS THAILAND CO., LTD.

ESAMSUNG ASIA (HOLDINGS) PTE LTD.

ESAMSUNG GREATER CHINA CO., LTD.

P.T. SAMSUNG TELECOMMUNICATIONS INDONESIA

BATINO REALTY CORP.

Affiliates-Overseas

SAMSUNG ELECTRONICS SHENZHEN CO.LTD

ESAMSUNG ASIA (HOLDINGS) PTE LTD.

ESAMSUNG GREATER CHINA CO., LTD.

SOUZHOU SAMSUNG ELECTRONICS CO., LTD

SAMSUNG ELECTRONICS DIGITAL PRINTING

SAMSUNG ELECTRONICS HUIZHOU CO., LTD.

TIANJIN SAMSUNG ELECTRONICS CO., LTD.

TIANJIN TONGGUANG SAMSUNG ELECTRONICS CO., LTD.

TIANJIN SAMSUNG ELECTRONICS DISPLAY CO., LTD.

BEIJING SAMSUNG TELECOM. R&D CENTER.

SAMSUNG ELECTRONICS SUZHOU COMPUTER CO.,LCD

SAMSUNG ELECTRONICS CHINA R&D CENTER

SAMSUNG ELECTRONICS BEIJING SERVICE CO., LTD

SAMSUNG ELECTRONICS LATINO AMERICA MIAMI, INC.

SAMSUNG ELECTRONICA COLUMBIA

SAMSUNG ELECTRONICS ARGENTINA S.A.

SAMSUNG SDI AMERICA, INC.

SAMSUNG SDI GERMANY GMBH.

SAMSUNG SDI HUNGARY RT.

SAMSUNG SDI (MALAYSIA) SDN. BHD.

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

SSH LIMITED. (FORMER, SHUM YIP TAMY LTD.)

SAMSUNG SDI MEXICO S.A. DE C.V.

SAMSUNG SDI BRASIL LTDA.

SAMSUNG SDIG REAL ESTATE GMBH

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

SAMSUNG SDI (HONG KONG) LTD.

SAMSUNG SDI BRASIL LTDA.

SAMSUNG CORNING MALAYSIA SDN. BHD.

TIANJIN SAMSUNG SDI MOBILE DISPLAY CO.,LTD

SHENZHEN SAMSUNG SDI CO., LTD.

TIANJIN SAMSUNG SDI CO., LTD.

DONGGUAN SAMSUNG SDI CO., LTD.

SHANGHAI SAMSUNG VACUUM ELECTRONIC DEVICES CO., LTD

TIANJIN SAMSUNG SDI MOBILE DISPLAY CO.,LTD

SAMSUNG SDI BRASIL LTDA.

SAMSUNG ELECTRO-MECHANICS AMERICA, INC.

SAMSUNG ELECTRO-MECHANICS GERMANY, GMBH

SAMSUNG ELECTRO-MECHANICS HUNGARY INC.

SAMSUNG ELECTRO-MECHANICS THAILAND CO., LTD.

SAMSUNG ELECTRO-MECHANICS PHILIPPINES, CORP.

CALAMBA PREMIER REALTY CORPORATION.

SAMSUNG ELECTRO-MECHANICS  INDONESIA, PT

Affiliates-Overseas

SAMSUNG ELECTRO-MECHANICS PTE.,LTD

SAMSUNG ELECTRO-MECHANICS HONGKONG CO., LTD.

SAMSUNG ELECTRO-MECHANICS MEXICANA, S.A. DE C.V.

SAMSUNG ELECTRO-MECHANICS PHILIPPINES, CORP.

SAMSUNG VINA INSURANCE CO. LTD.

SAMSUNG HEAVY INDUSTRIES RONGCHENG LTD, CO.

SAMSUNG SAKHALIN LIMITED LIABILITY COMPANY

SAMSUNG LIFE INVESTMENT (AMERICA) LTD.

SAMSUNG LIFE INVESTMENT (U.K.) LIMITED.

SAMSUNG PROPERTIES CHINA, LIMITED.

SAMSUNG ASSET MANAGEMENT (ASIA) LTD.

CHEIL AMERICA INC.

SAMSUNG CHEMICAL (USA), INC.

SAMSUNG FASHION S.R.L

SAMSUNG CHEMICAL EUROPE GMBH

ASSOCIATED WOOL EXPORTERS PTY., LTD.

TIANJIN SAMSUNG WOOL TEXTILE CO., LTD.

SAMSUNG CHEMICAL MATERIAL TRADING (SHANGHAI)CO.LTD.

SAMSUNG OPTO-ELECTRONICS AMERICA, INC.

SAMSUNG OPTO-ELECTRONICS UK., LTD.

SAMSUNG OPTO-ELECTRONICS GMBH

SAMSUNG OPTO-ELECTRONICS FRANCE

UNISECURITY, INC.

SAMSUNG SECUI AMERICA.

ESAMSUNG JAPAN CORPORATION.

OPENTIDE JAPAN CO., LTD.

ESAMSUNG ASIA (HOLDINGS) PTE LTD.

OPENTIDE ASIA PTE LTD.

ESAMSUNG GREATER CHINA CO., LTD.

OPENTIDE GREATER CHINA CO., LTD.

OPENTIDE JAPAN CO., LTD.

OPENTIDE ASIA PTE LTD.

OPENTIDE GREATER CHINA CO., LTD.

IMARKET ASIA CO., LTD.

OPENTIDE CHINA CO., LTD.

IMARKET TIANJIN CO., LTD.

SAMSUNG CORNING DEUTSCHLAND GMBH.

SAMSUNG CORNING MALAYSIA SDN. BHD.

SSH LIMITED. (Ex. SHUM YIP TAMY LTD.)

SAMSUNG SECURITIES (AMERICA), INC.

SAMSUNG SECURITIES (EUROPE) LIMITED.

SAMSUNG SECURITIES (ASIA) LIMITED.

OPENTIDE JAPAN CO., LTD.

SAMSUNG SDS INFOTECH PVT LTD.

OPENTIDE ASIA PTE LTD.

OPENTIDE GREATER CHINA CO., LTD.

Affiliates-Overseas

SAMSUNG SDS AMERICA, INC.

SAMSUNG SDS EUROPE LTD.

SAMSUNG SDS ASIA PACIFIC PTE. LTD.

SAMSUNG NETWORKS AMERICA, INC.

SAMSUNG NETWORKS BEIJING CO. LTD

UNISECURITY, INC.

SAMSUNG SDS BRAZIL,LTD.

SAMSUNG SDS MEXICO, S.A. DE C.V.

SAMSUNG ENGINEERING MAGYARORSZAG KFT

SAMSUNG ENGINEERING (MALAYSIA) SDN. BHD.

PT SAMSUNG ENGINEERING INDONESIA CO., LTD.

SAMSUNG ENGINEERING (THAILAND) CO., LTD.

SAMSUNG ENGINEERING PHILIPPINES, INC.

SETIS CO., LTD

SAMSUNG ENGINEERING INDIA PRIVATE LTD.

SAMSUNG ENGINEERING CONSULTING(SHANGHAI)CO.,LTD

SAMSUNG ENGINEERING CONSTRUCTION(SHANGHAI) CO., LTD

SAMSUNG SAUDI ARABIA LTD.

SAMSUNG INGENIERIA MEXICO S.A DE C.V.

SAMSUNG INGENIERIA MINATITLAN, S.A. DE C.V.

TRIKO ENGINEERING CO., LTD.

SAMSUNG ENGINEERING (THAILAND) CO., LTD.

CHEIL COMMUNICATIONS AMERICA, INC.

CHEIL COMMUNICATIONS EUROPE LTD.

CHEIL COMMUNICATIONS GERMANY GMBH

CHEIL COMMUNICATIONS INDIA PVT. LTD.

CHEIL COMMUNICATIONS (THAILAND) LTD

CHEIL COMMUNICATIONS SINGAPORE PTE. LTD

SAMSUNG ADVERTISING (BEIJING) INC

CHEIL COMMUNICATIONS MEA FZ-LLC

CHEIL COMMUNICATIONS DO BRASIL S/C LTDA.

CHEIL COMMUNICATIONS MEXICO INC.

CHEIL COMMUNICATIONS RUS LIMITED LIABILITY COMPANY

SAMSUNG HOSPITALITY AMERICA

NEW JERSEY INT'L M.C.INC.

CHEIL COMMUNICATIONS INDIA PVT. LTD.

SAMSUNG ELECTRONICS SHANGHAI TELECOMMUNICATION CO., LTD(SSTC)

Overseas Office

BEIJING OFFICE (CHINA)

ROOM NO 2828, CHINA WORLD TOWER 1, JIANGUOMEN WAIDAJIE, BEIJING 100004, P.R.CHINA

PNONE :86-10-6505-2675 FAX : 86-10-6505-5517

 

SHANGHAI OFFICE (CHINA)

UNIT 903~05, HONG KONG PLAZA, 283 HUAI HAI ROAD(M) , SHANGHAI 200021, P.R.CHINA

PHONE : 86-21-6390-6105 FAX : 86-21-6390-6230

 

HONG KONG

3207-11, TOWER 1, THE GATEWAY, 25, CANTON RD., KLN., HONG KONG

PHONE : 852-2110 -1148 FAX : 852-2111- 4565

 

SHENZHEN OFFICE (CHINA)

ROOM 2304, EXCELLENCE TIME SQUARE BUILDING, NO.4068 YITIAN ROAD, FUTIAN DISTRICT, SHENZHEN, CHINA P.C. 518048

PHONE : 86-755-2399-6516 FAX : 86-755-2399-6510

 

TOKYO OFFICE (JAPAN)

AKASAKA SHASTA-EAST 8F, 4-2-19 AKASAKA, MINATO-KU, TOKYO 107-0052, JAPAN

PNONE : 81-3-5570-2857 FAX : 81-3-5570-2825

 

OSAKA OFFICE (JAPAN)

6F, CRYSTAL TOWER, 1-2-27, SHIROMI, CHUO-KU, OSAKA 540-6006, JAPAN

PHONE : 81-6-6949-3172 FAX : 81-6-6949-3035

Cooperative Enterprise

BOC GASES KOREA(UK)

SPI COGEN PTE(SINGAPORE)

SPI WATER PTE(SINGAPORE)

SAMSUNG PETROCHEMICAL CO., LTD.(KOREA)

INDUSTRIAL TECHNOLOGY SERVICES CO., LTD.(161411-0010260)

WEST POWER CO., LTD.(161411-0017448)

 

 

Sales by Region

(Activity & Markets)

 

Sales/ Unit : Mil. KRW

06/2011

2010

2009

Export

2,173,431

3,682,998

3,249,378

Domestic

924,932

1,943,043

1,481,858

Total

3,098,363

5,626,041

4,731,236

 

 


Court Action

 

Case No.

Court

Plaintiff(s)/ Creditor(s)/ Applicant(s)

Defendant(s)/ Debtor(s)/ Respondent(s)

Cause

Amount (Million KRW)

Status

 

Administrative Court, Korea

The Subject Company

Fair Trade Commission

Cancellation on Imposed Penalty

 

Proceeding

 

Singapore Court

The Subject Company

 

Collection of Receivables

 

Proceeding

 

 

News Clipping

 

--


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.07

UK Pound

1

Rs.77.42

Euro

1

Rs.67.72

 

 

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.