MIRA INFORM REPORT

 

 

Report Date :

03.09.2011

 

IDENTIFICATION DETAILS

 

Name :

TONELLO SRL

 

 

Registered Office :

Via Della Fisica 1-3 Sarcedo, 36030

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

30.11.1983

 

 

Com. Reg. No.:

01616900245

 

 

Legal Form :

Private Parent

 

 

Line of Business :

Manufacture of other special purpose machinery not elsewhere classified

 

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 :

--

 


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

 

Country Name

Previous Rating

(31.12.2010)

Current Rating

(31.03.2011)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name and address

 

Top of Form

Bottom of Form

Top of Form

Tonello SRL      

           

 

Via Della Fisica 1-3

 

 

Sarcedo, 36030

Italy

 

Tel:

+39 0445 381140

Fax:

+39 0445 380166

 

Suggest Company URL

 

Employees:

68

Company Type:

Private Parent

Corporate Family:

2 Companies

 

 

Incorporation Date:

30-Nov-1983

Financials in:

USD (mil)

 

 

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Euro

Annual Sales:

18.4

Total Assets:

26.7

 

Business Description     

 

 

Tonello SRL is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any material; mould bases; moulding patterns; moulds; manufacture of dryers for wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes dryers; manufacture of diverse special machinery and equipment (machines to assemble electric or electronic lamps, tubes (valves) or bulbs; machines for production or hot-working of glass or glassware, glass fibre or yarn; machinery or apparatus for isotopic separation; rope-making machinery, etc.); and manufacture of industrial robots for multiple uses.

 

Industry      

 

 

Industry

Miscellaneous Capital Goods

ANZSIC 2006:

2499 - Other Machinery and Equipment Manufacturing Not Elsewhere Classified

NACE 2002:

2956 - Manufacture of other special purpose machinery not elsewhere classified

NAICS 2002:

333298 - All Other Industrial Machinery Manufacturing

UK SIC 2003:

2956 - Manufacture of other special purpose machinery not elsewhere classified

US SIC 1987:

3582 - Commercial Laundry, Drycleaning, and Pressing Machines

 


Key Executives   

             

 

Name

Title

Osvaldo Tonello

President

Carlo Bonetti

Vice president

Matteo Bonetti

Member of the board

Flavio Tonello

Managing director

 

 

News  

 

 

Title

Date

Blood, sweat and gears: Veteran's rocky road to Paluma triumph
Townsville Bulletin (Australia) (323 Words)

25-Jul-2011

Australia: Mirko Tonello and Gino Tonello Receive Patent for 'Method for interconnecting electric cables'
Australian Government (92 Words)

6-Jul-2011

Tonello brothers genuine chances
Cairns Post (245 Words)

11-Jun-2011

RRR Mountain bike challenge 70km event Total finishers: 84 Men: 77 Women: 7 Average time: 03:07:24 Fastest time: 02:09:46 Slowest time: 04:24:13
Cairns Post (1663 Words)

8-Jun-2011

Survey of U.S. Public Companies Sheds Light on Corporate Aid to Japan
PR Newswire US (1066 Words)

4-May-2011

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

 

 

Corporate Overview

 

 

Location
Via Della Fisica 1-3
Sarcedo, 36030
Italy

 

Tel:

+39 0445 381140

Fax:

+39 0445 380166

 

Suggest Company URL

Sales EUR(mil):

13.9

Assets EUR(mil):

19.9

Employees:

68

Fiscal Year End:

31-Dec-2010

 

Industry:

Miscellaneous Capital Goods

Incorporation Date:

30-Nov-1983

Company Type:

Private Parent

Quoted Status:

Not Quoted

Registered No.(ITA):

01616900245

 

Managing director:

Flavio Tonello

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Subsidiaries

Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

2499

-

Other Machinery and Equipment Manufacturing Not Elsewhere Classified

 

NACE 2002 Codes:

2956

-

Manufacture of other special purpose machinery not elsewhere classified

 

NAICS 2002 Codes:

333298

-

All Other Industrial Machinery Manufacturing

 

US SIC 1987:

3582

-

Commercial Laundry, Drycleaning, and Pressing Machines

 

UK SIC 2003:

2956

-

Manufacture of other special purpose machinery not elsewhere classified

 

 

Business Description

Tonello SRL is primarily engaged in manufacture of machinery for working soft rubber or plastics or for the manufacture of products of these materials (extruders, moulders, pneumatic tyre making or retreading machines and other machines for making a specific rubber or plastic product); manufacture of printing and bookbinding machines; manufacture of machinery for producing tiles, bricks, shaped ceramic pastes, pipes, graphite electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding boxes for any material; mould bases; moulding patterns; moulds; manufacture of dryers for wood, paper pulp, paper or paperboard; manufacture of centrifugal clothes dryers; manufacture of diverse special machinery and equipment (machines to assemble electric or electronic lamps, tubes (valves) or bulbs; machines for production or hot-working of glass or glassware, glass fibre or yarn; machinery or apparatus for isotopic separation; rope-making machinery, etc.); and manufacture of industrial robots for multiple uses.

 

 

 

 

 

 

 

 

Financial Data

 

Financials in:

EUR(mil)

 

Revenue:

13.9

Assets:

19.9

Current Assets:

14.0

 

Total Liabilities:

19.9

 

Net Worth:

9.2

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

-26.3%

NA

 

 

Subsidiaries

Company

Percentage Owned

Country

Tonello Energie SRL

 

Italy

Aest SRL

 

Italy

 

 

 

 

 

Key Corporate Relationships

Bank:

Intesa Sanpaolo Ag

 

 

 

 

 

 

 

 

 

 

Corporate Structure News

 

Tonello SRL
Total Corporate Family Members: 2

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Tonello SRL

Parent

Sarcedo, Vicenza

Italy

Miscellaneous Capital Goods

18.4

68

Tonello Energie SRL

Subsidiary

Fara Vicentino, Vicenza

Italy

Engineering Consultants

7.8

8

 

 

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

Matteo Bonetti

 

Member of the board

Director/Board Member

 

Executives

 

Name

Title

Function

Osvaldo Tonello

 

President

President

Flavio Tonello

 

Managing director

Managing Director

Carlo Bonetti

 

Vice president

Other

 

 


Blood, sweat and gears: Veteran's rocky road to Paluma triumph

Townsville Bulletin (Australia): 25 July 2011
[What follows is the full text of the news story.]

 

IT wasn't just his 509 competitors Gary Purtell reckons he beat to the finish line at the Paluma Push yesterday, it was Father Time as well.

In his sixth attempt at the iconic mountain bike event, the 37-year-old Townsville rider defied a stiff, sore, battered and bruised body to go one better than his frustrating second placing in 2010.

While he remains one of the most respected riders in North Queensland, a thrilled Purtell said it felt like a now or never win.

``It's a big relief because I'm getting older with every year, so it's getting harder,'' Purtell said with a laugh. ``I'm glad to get the win to get the monkey off the back and tick that one off the list.''

Purtell (2 hours, 30 minutes, 56 seconds) won by just under three minutes from Nathan Stanford, with Andrei Tonello in third place.

National mountain bike marathon champion Jenni King (2 hrs 44mins) convincingly won the women's event, with Samantha Hemsley second and Louretta Howarth third.

Despite the relative comfort of Purtell's win, there was nothing easy about it. He overcame an early high-speed fall that not only left him bruised and bleeding but dropped him from the lead back to the pack.

But he got a bit of luck as well.

With about 15km of the 60km race left, leader Nelson Tilley had mechanical troubles that ended his race and Purtell took advantage.

``(Tilley) was riding very well too, but that's the thing about mountain biking, anything can happen,'' Purtell said.

``You can get a stick jammed in your wheel or fall off or whatever, so it's never over until you get to the finish line, that's for sure.''

The 510 entrants was a record by 68, with competitors ranging in age from 11 to 67 and coming from around North Queensland and as far away as Melbourne, Canberra and Tasmania.

antony.stewart@townsvillebulletin.com.au



Australia: Mirko Tonello and Gino Tonello Receive Patent for 'Method for interconnecting electric cables'

Australian Government: 06 July 2011
[What follows is the full text of the news story.]

 

Australia, July 6 -- Mirko Tonello and Gino Tonello, both of Italy, have filed an application (2006324121) on Oct. 31, 2006, for 'Method for interconnecting electric cables.'

The patent is effective from Oct. 31, 2006, till Oct. 31, 2026.

Inventor(s): Mirko Tonello and Gino Tonello

Application Status: Accepted

Acceptance Date: June 15

Paid to Date: Oct. 31

The original document can be viewed at: http://pericles.ipaustralia.gov.au/ols/auspat/applicationDetails.do?applicationNo=2006324121

For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com



Tonello brothers genuine chances

Cairns Post: 11 June 2011
[What follows is the full text of the news story.]

 

THE four stage Tour de Tableland begins today around Tinaroo, Kairi and Tolga and local products Isaac and Andre Tonello will start as genuine chances to take it out.

The Mareeba brothers are in great form, but will be tested by young talents from Townsville and Brisbane in an event that holds weight on the country's cycling calendar.

Cairns Cycling Club committee member Richie Bates said the pair should consider themselves a realistic chance of winning the race, despite it being a long time between drinks for a local victor.

"They're up there, but it's been a while," he said.

Past winners include local boy and Team Lotto rider Adam Hansen and team pursuit World Championship winner Ashley Hutchinson.

"It'd be great for a local to win it and there's been plenty of winners that have gone on to big things," he said. "The race has a good name, attracts good riders and is a real stepping stone."

The Tableland event starts this afternoon with an 87km stage - slightly longer than in the past - with sprint points up for grabs throughout the journey.

The 81km stage tomorrow takes in Yungaburra, Kureen and Peeramon, before a 5km individual time trial is held in the afternoon. Monday's final 120km stage winds between Eacham, Malanda, Kureen and Atherton.

B, C and D grade riders will also compete over varying distances.

The tour was the brainchild of Bevan and Dawn Nash and has been raced since 1997.



RRR Mountain bike challenge 70km event Total finishers: 84 Men: 77 Women: 7 Average time: 03:07:24 Fastest time: 02:09:46 Slowest time: 04:24:13

Cairns Post: 08 June 2011
[What follows is the full text of the news story.]

 

Rrr 70km Event

Andrew Fellows 02:09:46, Ty Cerlenizza 02:18:12, Dominic Hoyal 02:18:12, Nelson Tilley 02:23:04, Andrei Tonello 02:25:48, Steve Rankine 02:27:20, Nathan Sandford 02:28:57, Christopher Florence 02:32:51, Steve Petre 02:34:15, David Wood 02:34:51, Scott Mclennan 02:35:50, Paul Mashford 02:37:16, Ross March 02:37:46, Mark Allen 02:38:20, Jason Vaughan 02:39:22, Gavin Taylor 02:39:26, Mark Knowles 02:39:29, Salvatore Parenti 02:39:35, David Eakin 02:40:57, Warren Pike 02:43:41, Hamish Guy 02:44:41, Frank Mcgoldrick 02:45:24, Brendon Skerke 02:45:25, Abby Mclennan 02:47:45, James Bourke 02:47:45, Timothy Storer 02:48:05, Shaun Stevenson 02:49:49, Robert Waters 02:51:20, Rodney Young 02:51:38, Tim Benfield 02:55:29, Jason Gurr 02:56:09, Michael Mehonoshen 02:57:07, Peter Gibson 02:58:07, Joshua Rayner 02:58:49, James Hall 03:00:14, Rob Saunders 03:01:50, Lauretta Howarth 03:02:49, Alan Clarke 03:02:49, Brett Welch 03:03:38, Tris Kearns 03:04:58, Timothy O'dwyer 03:05:00, MicHael Hibble 03:05:47, Derek Desaunois 03:06:12, Jason Hussey 03:06:18, John O'reilly 03:08:32, Stephen Barkworth 03:09:44, Tim Binns 03:10:51, Ken Oswald 03:11:42, Mike Thurtell 03:12:26, Andy Taylor 03:12:55, Craig Pearson 03:13:08, Sarah Hoyal 03:19:17, Frank Falappi 03:19:29, David Shepherd 03:20:29, Malcolm Barrett 03:20:51, Patrick Kinsella 03:25:13, Ben Kaesehagen 03:25:28, Greg Mclindon 03:25:32, Sean Newell 03:28:47, Terry Thompson 03:30:17, Stephen Gadd 03:30:31, Tony Pappas 03:31:06, John Wiren 03:32:18, Fiona Powell 03:33:54, Dave Cuming 03:34:44, Stephen Kilpatrick 03:35:48, Raymond Wright 03:35:48, Martin Brennan 03:36:03, Christine Keir 03:37:17, Mark Trevor 03:42:19, Simon Frost 03:43:35, Rebecca Hill 03:47:19, Shaun Barclay 03:47:24, Paul Taylor 03:51:08, Peter Mcnally 03:56:53, Patrick Sutton 03:56:57, Kathy Hill 04:00:57, Kerry Hardy 04:08:21, Ian Kruger 04:08:21, Brice Ruellan 04:24:13.

Rrr 40km Event

Jonathan Standage 01:24:20, Kent James 01:25:09, Julian Oates 01:25:45, Peter Bridgewater 01:25:49, Rudi De Faveri 01:29:45, Douglas McCallum 01:29:47, Matthew Roberts 01:32:24, Andrew Graham 01:32:31, Perry Turner 01:32:53, Craig Judd 01:33:05, Malcolm Lindsay 01:33:18, David Prete 01:33:19, Matthew Greenwood 01:34:08, Rod Tindale 01:34:21, Stephen Salleras 01:34:37, Drewe Burgess 01:35:23, Ashley Greenwood 01:36:33, Dylan Atkinson 01:37:06, Jay Schesser 01:37:37, Gavin Scott 01:37:47, Daniel Gossert 01:37:50, Lincoln Carolan 01:37:52, Owen Caddick-King 01:38:02, Craig Jensen 01:38:08, Paul Hunter 01:38:08, Ross Strooper 01:38:22, James Tee 01:39:20, Scott Young 01:39:45, Stephen Lauder 01:39:52, Stuart Macdonald 01:40:26, Mike Johnston 01:40:54, Craig Mewett 01:41:04, Mark Ridge 01:41:08, Colin Gilbert 01:41:46, Wes Bielski 01:41:49, Greg Hutton 01:42:31, Jason Berther 01:42:48, Matthew Salmon 01:42:48, Dale Caulfield 01:42:48, Thomas Stanton 01:43:06, David Cavanagh 01:43:22, Michael Norman 01:43:30, CharlTon Best 01:43:35, Simon Corbett-Jarvis 01:43:54, Derryn Richardson 01:44:07, Luke Croker 01:44:18, Alex Farkas 01:44:24, Ray Sterrett 01:44:46, Keith Sharland 01:45:04, Jeffrey Green 01:45:14, Daniel Webb 01:45:16, Russell Moseley 01:45:18, Steve Sandilant 01:45:20, Nathan White 01:45:57, Bill Handebo 01:46:32, Warren Fraser 01:46:33, Adrian Dawson 01:46:42, Murray Anderson-Clemence 01:46:48, Nik Marhin 01:47:38, Jeffrey Gloger 01:48:01, Gavin Hardy 01:48:15, Alexander Tilley 01:48:37, John Baker 01:48:39, Haydn Tilley 01:48:41, Josephine Zammit 01:49:01, Christopher Borsato 01:49:01, Bret Piccone 01:49:15, Nicholas Verhoeven 01:49:19, John Dickinson 01:50:30, Logan Smith 01:50:30, Danny Fuller 01:50:37, Ivonne Nathan 01:50:40, Bruce Monds 01:50:59, Shawn Perera 01:51:01, Beau Lynd 01:51:15, Drew White 01:51:16, John Koerner 01:51:42, Stephen Hawke 01:52:02, Nathan Ivey 01:52:08, Nick Stefanidis 01:52:12, Mark Kosky 01:52:17, David Crea 01:52:19, Lucas Mcdonald 01:52:26, Jeff Walter 01:52:26, Sean Mcmanus 01:52:48, Donal Watters 01:52:51, Philip Jumeau 01:53:08, Alan Hurst 01:53:38, Kees Krul 01:53:40, Brad Jones 01:53:41, Cameron Jones 01:53:41, Aaron Eastment 01:53:52, Steven Davies 01:54:05, Anita Narula 01:54:20, David Wilesmith 01:54:31, Graham Moroney 01:54:47, Thorstein Stovell 01:55:00, Lhiam Croft 01:55:00, Adam Jones 01:55:03, Roger Thomas 01:55:21, Joshua Hyde 01:55:22, Christian Oppermann 01:55:30, John Griffiths 01:55:49, Craig Nissen 01:56:01, Benjamin Hannah 01:56:02, Ian Grimmett 01:56:06, Sarah Kaehler 01:56:17, Stephen Brady 01:56:18, Elliott Kells 01:56:20, Kirsten Standage 01:56:59, Craig Overend 01:57:00, Brandon Petrie 01:57:02, Will Marnane 01:57:03, Cameron Taylor 01:57:04, Robert Stevenson 01:57:11, Leanne Skerke 01:57:15, Rod Ashton 01:57:26, Dion Green 01:58:14, Robert Borzi 01:58:20, Danny Mildren 01:58:21, Paul Stevens 01:58:28, Adam Gowlett 01:58:43, Reilly Hurst 01:58:43, Jean Macdonald 01:59:25, Ian Hodges 01:59:26, Cameron Lebherz 01:59:45, Clifton Timmins 02:00:21, Daniel

MatthewS 02:00:33, Llew Davies 02:00:38, Kane Murray 02:00:52, Chris Spargo 02:00:55, Jerrie Hutchison 02:01:33, Ian Hutchison 02:01:33, Morgan Dacre 02:01:39, Sam Hodges 02:01:45, Geoffrey Jordan 02:01:47, Anthony Croke 02:01:48, Nic Morris 02:01:57, Shane Dempster 02:02:08, Richard Young 02:02:19, Brad Kellas 02:02:21, Natalie Mcnamee 02:02:29, Joshua Guernier 02:02:45, Martin Sher 02:02:46, Warrick Mattinson 02:02:54, Megan Trickey 02:02:55, Steven Curtis 02:02:58, Michael Blom 02:04:10, Neil Gregory 02:04:10, Renee Lees 02:04:42, Jacob Croker 02:04:44, Aaron Young 02:04:52, Max Gerrard 02:05:56, Todd Gerrard 02:05:57, Will Hancock 02:06:08, Jared Boots 02:06:10, Scott Smith 02:06:31, Geoffrey Apps 02:06:34, Sarah Carter 02:06:36, Peter Dalziel 02:06:58, Sid Scott 02:07:08, Daniel Handley 02:07:24, Ian Rooke 02:07:38, Scott Davis 02:07:38, Cameron Finter 02:08:00, Sam Harrop 02:08:04, Rod Armstrong 02:08:13, Mick Giudice 02:08:52, Anthony Archie 02:09:06, Peter Stock 02:09:23, Luciano Leonforte 02:09:51, Marco KiEfer 02:09:59, Fred Fabris 02:10:02, Glen Fullerton 02:10:08, Anthony Renwick 02:10:30, Lone Pearce 02:11:43, Robert Harley 02:12:11, Melissa Gloger 02:13:34, Kylie Jones 02:13:43, Paul Bennett 02:15:11, Charlene Dymond 02:15:12, Chris Reid 02:15:41, Beth Downing 02:15:47, Alasdair Reid 02:15:47, Stacey Morris 02:15:49, Linda Cracknell 02:15:50, Tod Walker 02:16:04, Terry Geddes 02:16:10, Brett Tilley 02:16:18, Dan Oconnor 02:16:19, Jenny Bradley 02:17:26, Sam Buchanan 02:17:39, Stephen Nutt 02:17:57, Tamara PEtre 02:19:27, Jeremy Kingsford 02:19:38, Brandon Cole 02:19:44, Shaun Mcgoldrick 02:19:48, Roger Cumming 02:20:17, Kevin Clarke 02:20:17, David Cumming 02:20:17, James Holmes 02:21:44, Tim Larsen 02:21:52, Sarah Yates 02:22:08, John Hawkes 02:22:15, Eugene Mcneilly 02:22:19, Jeff Ryan 02:23:53, Mattias Bomford-Wind 02:24:11, Tim Wainwright 02:24:21, Jack Marturia 02:25:19, Kane Johnson 02:26:28, Matthew Coburn 02:26:50, Alanna Diprose 02:26:50, Gabrielle Mcguigan 02:27:38, Phillip Gregory Jetnikoff 02:28:22, Stewart Prince 02:28:31, Brad Shannon 02:28:32, Paul Garland 02:28:32, Jay Marron 02:28:32, Darran Shannon 02:28:33, Lisa Perrett 02:28:43, Leanne Kruger 02:29:05, Christopher Watters 02:29:52, Carmen Dalladay 02:29:58, Russell Keir 02:31:05, Eva Stuer 02:31:35, Eleanor Jones 02:31:39, Matt Mckinley 02:31:44, Jennifer Mcmanus 02:33:08, Pat Kirby 02:35:55, Paul Penhaligon 02:38:21, Ned Dibella 02:38:38, Gunter Stern 02:38:48, Chris Boland 02:39:32, Thomas Gersekowski 02:39:40, Betty-Ann Griffiths 02:41:28, Chris Mattinson 02:44:39, Simon Knight 02:52:09, Mick White 02:53:47, Peter Tuck 02:54:25, Peter Johnston 02:54:25, Carl Bishop 03:00:21, Larry Lanza 03:03:27, Stacey Pickert 03:03:27, Donnie Harris 03:13:42, Megan Harris 03:13:43, Jordan O'brien 03:18:16, Brett King 03:18:17, Jack Richardson 03:18:17, Catherine Eupene 03:27:29, Rosemary Doole 03:30:01, Jeanette Powell 03:30:02,



Survey of U.S. Public Companies Sheds Light on Corporate Aid to Japan
The Conference Board

China Weekly News: 11 May 2011
[What follows is the full text of the news story.]

 

The Conference Board released findings from a survey on contributions by U.S. public companies to relief efforts in Japan.

"The recent crisis in Japan has resulted in an outpouring of support from citizens and corporations around the world," said Matteo Tonello, Research Director of Corporate Leadership at The Conference Board. "Numerous relief programs have been established to provide conduits for distributing the money, goods and services that the people of Japan will need to survive and recover from these natural disasters. This survey was conducted to assess the forms and extent to which the corporate community in the United States is contributing to this effort."

The survey -- which supplements The Conference Board's annual research on corporate contributions -- was disseminated to U.S.-listed companies and conducted online from April 11 to April 20, 2011. Participating companies were asked to report contribution amounts committed as of the date in which the survey was filled out. A total of 83 U.S.-listed companies participated in the study. A final report based on the survey findings will be published in the coming weeks.



Survey of U.S. Public Companies Sheds Light on Corporate Aid to Japan
Majority of Companies Have Instituted Programs to Support Relief Efforts Manufacturing Firms are Most Generous Contributors, with Average Donation of

PR Newswire US: 04 May 2011
[What follows is the full text of the news story.]

 

NEW YORK, May 4, 2011 /PRNewswire/ -- The Conference Board released today findings from a survey on contributions by U.S. public companies to relief efforts in Japan.

"The recent crisis in Japan has resulted in an outpouring of support from citizens and corporations around the world," said Matteo Tonello, Research Director of Corporate Leadership at The Conference Board. "Numerous relief programs have been established to provide conduits for distributing the money, goods and services that the people of Japan will need to survive and recover from these natural disasters. This survey was conducted to assess the forms and extent to which the corporate community in the United States is contributing to this effort."

The survey -- which supplements The Conference Board's annual research on corporate contributions -- was disseminated to U.S.-listed companies and conducted online from April 11 to April 20, 2011. Participating companies were asked to report contribution amounts committed as of the date in which the survey was filled out. A total of 83 U.S.-listed companies participated in the study. A final report based on the survey findings will be published in the coming weeks.

The following are the key survey findings:

Corporate aid program

Across industries and size groups (measured by annual corporate revenue), a large majority of survey participants reported instituting some type of program to support relief efforts in Japan. The manufacturing industry reports the highest percentage of such programs: 95.2 percent, compared with 87.5 percent in financial services and 79.2 percent in other (non-financial) services.

Total contributions

Manufacturing companies are the most generous contributors to Japan relief programs, with an average donation per company of $807,555 and a 75th percentile as high as $1,200,000. When analyzed by company size, the average aggregate value of per-company contributions to Japan relief programs varies from $136,719 for smaller companies to $2,134,130 for those with annual revenue of $20 billion and more.

Contribution type

The largest majority of reported corporate contributions to Japan relief efforts are in cash.In the manufacturing industry, in particular, this is the case for 89.6 percent of total contributions to Japan, whereas non-financial services companies report that 19.6 percent of their contributions to the same relief programs are in the form of company products or services (compared with 7.8 percent in manufacturing and 2.5 in financial services). Across industries and size groups, no company reported in-kind contribution in the form of lending its employee expertise to the relief efforts.

Relationship with Japanese market

Manufacturing companies reported the strongest relationship with the Japanese market, because of: their existing business operations in Japan (69.8 percent of survey participants); their dependence on imports from Japan (30.2 percent); or the fact that Japan is a key customer base (41.9 percent). The type of relationship varies significantly according to size groups, with the largest companies reporting the closest ties with the Japanese market, primarily due to their business operations (72 percent) and their customer base (40 percent).

Contribution recipients

The survey inquired on the means through which companies are funneling their contributions to Japan -- whether through Japanese or international relief agencies, directly through company employees based in Japan, or other forms. Across size groups and industries, a large majority of companies use their contributions to support international relief agencies (65.2 percent of the smallest surveyed companies and as many as 84 percent of the largest). The largest companies are those more inclined to rely on the relief initiatives of their employees based in Japan (36 percent, compared with 8.7 percent of the smallest surveyed companies). The manufacturing industry is the one that, presumably due to its closest ties with the country, adopts the most diversified approach and uses a combination of Japanese and international agencies, employee-driven initiatives, and other forms of assistance.

Contribution timeframe

Participating companies were also asked to indicate whether they plan to award (or have already awarded) the contributions as a lump sum or wait for more information regarding the evolution of the situation in Japan to better identify the real areas of need. The survey showed that, across industries and size groups, companies have been more inclined to act swiftly. The largest percentage of companies that have committed resources but intend to wait for higher awareness of the actual needs before deciding on the allocation is in (non-financial) services (26.3 percent) and in the largest size group (33.3 percent).

Employee-matching programs

As part of their contributions to Japan, most companies have also instituted a program to match donations made by employees to relief initiatives of their choice. The percentage of companies that offer a matching program ranges from 66.7 in non-financial services to 71.4 in financial services and from 64.7 for the smallest companies to 73.3 for those with annual revenue between $5 billion and $20 billion.

Collaboration with other companies

Perhaps due to the nature of the emergency and the need for a prompt response, most companies are not engaging with their peers in a joint relief effort: only 7.7 percent of the manufacturing companies and 3.3 percent of those with annual revenue between $5 billion and $20 billion indicated that they are partnering or collaborating with other business corporations to increase the value or effects of their contributions.

Impact on corporate giving program

The majority of companies reported establishing a separate emergency fund, with no impact on the regular contribution program: this is the case for 84.6 percent of financial services firms and 84 percent of the largest surveyed companies. Of those companies that indicated that the Japan relief contributions required a re-allocation of previously budgeted contribution resources, an ample majority across the smallest revenue groups and the group comprising companies with annual revenue between $5 billion and $20 billion reported an only minimal impact on that budget.

About The Conference Board

The Conference Board is a global, independent business membershipand research association working in the public interest. Our mission is unique: To provide the world's leading organizationswith the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501(c)(3) tax-exempt status in the United States.

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SOURCE The Conference Board



WA artists go online to show work

Midland-Kalamunda Reporter: 08 February 2011
[What follows is the full text of the news story.]

 

A SHOWCASE of WA visual artists is being launched at Polytechnic Wests Junction Gallery in Midland tomorrow. Seven artists will have their short films uploaded to a new website to expose their art to the world.

Artist Patrizia Tonello and 3D animator and web designer Graham Taylor established the Hollow City Chronicles, which is a purpose-built website funded by the Department of Culture and the Arts.

Its our dream to have this site become a permanent part of the WA arts landscape, Ms Tonello said.

Theres a lot of fascinating art being produced here, and we need to encourage artists to think beyond the gallery space and utilise the power of the internet.

Stuart Elliott, Peter Dailey, Amanda Williams, Richard Heath and Merrick Belyea contributed short films which can be seen at hollowcitychronicles.com after February 9.

 

 

 



Tradition of people helping people

Niagara This Week: 19 November 2010
[What follows is the full text of the news story.]

 

It's about people helping people achieve and it's been a strong tradition for 10 years.

People Helping People Achieve recently celebrated its 10th anniversary in Port Colborne. Now a program organized Community Living of Port Colborne/Wainfleet, PHPA is a self-advocate group for people with a disability which responds to issues, concerns and strategies which are addressed in the community.

PHPA began 10 years ago with the assistance of Welland's People First organization. The program provides members and speakers to share their experiences and expertise on various topics to help the community thrive.

Dan Tonello, chair of PHPA, said the group talks about issues which affect its members and their contributions to the community.

"We related it to our members' experiences," Tonello said of the discussions. "For instance we discussed the changing cost of generic drugs at pharmacies and how it impacts our members. We want to ensure our members have the same freedom and rights as everyone else (in society). When people know their rights they're less likely to be abused. The rights all Canadians have are privacy, the right to say no and right to liberty and equality. We want to make sure (people with disabilities) have rights as well."

The PHPA celebrated its 10th anniversary with an open house at Community Living Nov. 16 by allowing visitors a chance to see what the program is all about. Tonello said not a lot of people knows they exist in Port Colborne so it's always a good thing to get the word out there.

"We want to educate the community," Tonello said of the programs, which includes its annual March for Inclusion every May.

For more information on PHPA call 905-835-8941 ext. 175.



 

 

 

 

FRANCE : Tonello ingenieurs conseils SAS bags contract for providing civil engineering support services

                                                                                                                                                                                          

TendersInfo News
05 March 2011
                                                                                                                                                               

 

[What follows is the full text of the article.]

Ville d'Annecy, France has issued the contract of 10 800 Euros to Tonello ingenieurs conseils SAS, France for providing civil engineering support services.

Initial estimated total value of the contract was 12 000 EUR and the final contract award value was 10 800 EUR, excluding VAT. The award criteria are the most economically advantageous tender in terms of Amount of remuneration; Resources and skills; Quality of references provided and Turnaround.

Total 2 bidders showed their interest by bidding for this contract. The tendering authority did not followed electronic auction process for selecting the bidder. The contracting authority is not purchasing on behalf of other contracting authorities.

The procedure through which this contract is awarded is open. The contract is not covered by the Government Procurement Agreement (GPA) and will not be sub-contracted to third party.

Copyright 2011 Euclid Infotech Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2011 TendersInfo News

 

 

 

Annual Profit & Loss

 

 

 

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.755078

0.719047

0.683679

Consolidated

No

No

No

 

 

 

 

Total income

18.5

17.1

18.4

Net sales

18.4

16.9

18.2

Other operating income

0.2

0.6

0.5

Raw materials and consumables employed

9.0

7.8

8.9

Other expenses

4.6

4.1

4.4

Total payroll costs

4.1

4.1

4.5

Fixed asset depreciation and amortisation

0.4

0.4

0.3

Other operating costs

0.1

0.1

0.1

Net operating income

0.2

0.5

0.1

Total financial income

0.1

0.1

0.2

Total expenses

0.1

0.1

0.1

Profit before tax

0.2

0.5

0.2

Profit after extraordinary items and before tax

0.2

0.5

0.2

Total taxation

0.1

0.1

0.2

Net profit

0.1

0.4

0.0

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Total stockholders equity

12.3

13.1

12.2

Provision for risks

0.2

0.2

0.1

Provision for pensions

0.7

0.8

0.8

Mortgages and loans

5.0

3.2

-

Trade creditors

4.9

5.9

6.0

Bank loans and overdrafts

1.2

0.8

-

Other current liabilities

2.3

1.5

1.5

Accruals and deferred income

0.0

0.0

0.0

Total current liabilities

8.5

8.2

7.5

Total liabilities (including net worth)

26.7

25.5

20.7

Intangibles

0.1

0.0

0.1

Buildings

0.2

0.2

-

Total tangible fixed assets

1.7

2.1

2.6

Long-term investments

2.2

2.2

0.8

Total financial assets

6.2

2.7

0.8

Receivables due after 1 year

0.0

0.0

0.0

Loans to associated companies

3.9

0.5

0.1

Total non-current assets

8.0

4.8

3.5

Finished goods

3.4

3.8

4.1

Net stocks and work in progress

9.4

9.1

8.9

Trade debtors

5.9

8.3

6.0

Other receivables

1.1

1.1

1.0

Cash and liquid assets

2.3

2.1

1.0

Accruals

0.1

0.1

0.2

Total current assets

18.8

20.7

17.2

Total assets

26.7

25.5

20.7

 

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Sales per employee

0.39

0.33

0.34

Profit per employee

0.00

0.01

0.00

Average wage per employee

0.09

0.08

0.08

Net worth

12.3

13.1

12.2

Number of employees

68

71

70

 

 

 

Bottom of Form

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.89

UK Pound

1

Rs.74.31

Euro

1

Rs.65.41

 

 

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.