MIRA INFORM REPORT
|
Report Date : |
28.09.2011 |
IDENTIFICATION DETAILS
|
Name : |
TALOCA GMBH |
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Registered Office : |
Chollerstrasse 4, Postfach 6301 Zug |
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Country : |
Switzerland |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
17.06.1970 |
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Com. Reg. No.: |
170.3.002.024-9 / 189987 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
International trade in food, especially coffee, cocoa and nuts |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
CHF 1'000'000 |
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Status : |
Satisfactory |
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Payment
Behaviour : |
Usually Correct |
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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
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Switzerland |
a1 |
a1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
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
Taloca GmbH
Operating address
Chollerstrasse 4
Postfach
6301 Zug
Switzerland/CH
Telephone: 041
7490101
Fax: 041
7498010
Web
site: http://www.kraftfoods.ch
E-mail: verbraucherservice@krafteurope.com
VAT-No.: CHE107891826
Profile
Established: 1972
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4617 Agents involved in the sale of food,
beverages and tobacco
Import/Export: Import, export agency
Banks: Citibank London
Operational Figures
Coverage: Company
Figures: estimated
Employees: 60
Sales: CHF 80-100 Mio
Activity
The business activities includes international trade in food, especially
coffee, cocoa and nuts.
Real Estate
Information on property ownership was not available.
Company Register
Company
No: 170.3.002.024-9 /
189987
Legal
form: Limited liability
company
Registration: 17.06.1970
Legal
status: active
Responsible
Register: Handelsregister des Kantons
Zug
Auditor: PricewaterhouseCoopers
AG, Zürich
History: Date of Statutes:
06.06.2008
Entry Deleted Name
12.06.2008 Taloca
GmbH
12.06.2008 Taloca
LLC (Name translated)
12.06.2008 Taloca
Sŕrl (Name translated)
15.05.2008 12.06.2008 Taloca AG
15.05.2008 12.06.2008 Taloca SA (Name translated)
15.05.2008 12.06.2008 Taloca Ltd (Name translated)
Entry Deleted Legal domicile
15.05.2008 Zug,
Switzerland
Entry Deleted Address
15.05.2008 Chollerstrasse
4, 6300 Zug/ZG, Switzerland/CH
Entry Deleted Capital
15.05.2008 LLC
Capital CHF 500'000
Entry Deleted Capital Structure
12.06.2008 5'000
Participation shares of CHF 100.--
Entry Deleted Activity (original Language)
12.06.2008 Handel
mit Waren aller Art, insbesondere mit Kaffee und anderen Rohwaren für die
Nahrungsmittelindustrie; vollständige Zweckumschreibung gemäss Statuten.
15.05.2008 12.06.2008 Handel mit Waren aller Art, insbesondere mit
Tee und Kaffee, ebenso die Abwicklung von Finanzgeschäften, beides im In- und
Ausland. Die Gesellschaft kann Liegenschaften oder Rechte an solchen erwerben
und veräussern und sich an Unternehmen gleicher oder ähnlicher Zielsetzung
beteiligen.
Entry Deleted Remarks (original Language)
12.06.2008 Reports:
Mitteilungen erfolgen an die Gesellschafter an ihre letzte im Anteilbuch
eingetragene Adresse schriftlich (einschliesslich Telefax oder E-Mail) oder
durch Veröffentlichung im SHAB.
12.06.2008 Change
of Corporate Form: Die Gesellschaft wird gemäss Umwandlungsplan vom 28.05.2008
und Bilanz per 15.12.2007 mit Aktiven von CHF 152'770'634.00 und Passiven
(Fremdkapital) von CHF 99'918'345.00 in eine Gesellschaft mit beschränkter
Haftung umgewandelt. Die alleinige Aktionärin erhält 5'000 Stammeinlagen zu CHF
100.00.
15.05.2008 Publishing
authority: SHAB.
Management
Title Name
General
Manager Kurt Schwerzmann,
Origin: Zug, Switzerland, Address: Zug/ZG, Switzerland, joint signature of two
General
Manager Ulrike
Bartels-Janssen, Origin: Germany, Address: 6318 Walchwil/ZG, Switzerland, joint
signature of two
Chairman
of the management Roger-Marc Lebreton,
Origin: France, Address: Cham/ZG, Switzerland, joint signature of two
Member
with signing authority José-Luis
Perez Rodriguez, Origin: Zug, Switzerland, Address: Zug/ZG, Switzerland, joint
signature of two
Member
with signing authority Alexandra
Arlt, Origin: Germany, Address: Zürich/ZH, Switzerland, joint signature of two
Member
with signing authority Ursula
Danieli, Origin: Baar, Switzerland, Address: Zug/ZG, Switzerland, joint
signature of two
Member
with signing authority René Köppel,
Origin: Widnau, Switzerland, Address: Hünenberg, Switzerland, joint signature
of two
Member
with signing authority Patrick Sültz,
Origin: Germany, Address: 6343 Risch/ZG, Switzerland, joint signature of two
Member
with signing authority Roland Iten,
Origin: Unterägeri, Switzerland, Address: Oberwil bei Zug, Switzerland, joint
signature of two
Member
with signing authority Eveline
Tschuor, Origin: Kriens, Rueun, Switzerland, Address: Merlischachen,
Switzerland, joint signature of two
Member
with signing authority Andreas Müller,
Origin: Uitikon, Switzerland, Address: Zug/ZG, Switzerland, joint signature of
two
Member
with signing authority Victor
Gfeller, Origin: Bern, Switzerland, Address: Küssnacht am Rigi, Switzerland,
joint signature of two
Member
with signing authority Peter Fuchs,
Origin: Luzern, Switzerland, Address: Unterägeri, Switzerland, joint signature
of two
Member
with signing authority Gion Conrad,
Origin: Sils im Domleschg, Switzerland, Address: 6332 Hagendorn/ZG,
Switzerland, joint signature of two
Member
with signing authority Rolf Hegglin,
Origin: Menzingen, Switzerland, Address: Baar, Switzerland, joint signature of
two
Member
with signing authority Udo
Kagerbauer, Origin: Maur, Switzerland, Address: Mettmenstetten, Switzerland,
joint signature of two
Member
with signing authority Pierre Leudet,
Origin: France, Address: Oberägeri, Switzerland, joint signature of two
Executive board
Title Name
Chief
Executive Officer Roger-Marc
Lebreton
Financial Data Kraft Foods Group
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2010 31.12.2009 31.12.2008 31.12.2007 31.12.2006
Number of months: 12 12 12 12 12
Currency: mil.
USD mil. USD mil. USD mil. USD mil.
USD
Balance Sheet
Intangible fixed
assets 63'819.0 42'193.0 40'507.0
Tangible fixed
assets 13'792.0 10'693.0 9'917.0
other fixed assets 1'457.0 1'374.0 1'288.0
Fixed assets 79'068.0 54'260.0 51'712.0
Stocks 5'310.0 3'775.0 3'881.0
Trade accounts
receivable 6'539.0 5'197.0 4'704.0
Liquid assets 2'481.0 2'101.0 1'244.0
other trade accounts 1'891.0 1'381.0 1'632.0
Other current
assets 4'372.0 3'482.0 2'876.0
Current assets 16'221.0 12'454.0 11'461.0
Total assets 95'289.0 66'714.0 63'173.0 67'993.0 55'574.0
Capital 31'231.0 23'611.0 23'563.0
Other shareholders
funds 4'603.0 2'265.0 -1'268.0
Total shareholders
equity 35'834.0 25'876.0 22'295.0 27'295.0 28'555.0
Minority interests 108.0 96.0 61.0
long term debt
(financial debts) 26'859.0 18'024.0 18'589.0
Other non current
liabilities 16'828.0 11'227.0 11'184.0
Non current
liabilities 43'687.0 29'251.0 29'773.0
short term debt
(financial debts) 1'865.0 966.0 1'662.0
Trade accounts
payable 5'409.0 3'766.0 3'373.0
Accruals 3'807.0 3'356.0 2'754.0
other accounts
payable 4'579.0 3'403.0 3'255.0
other current
liabilities 8'386.0 6'759.0 6'009.0
Current
liabilities 15'660.0 11'491.0 11'044.0
Shareh. equity,
min. interests + liabilities 95'289.0 66'714.0 63'173.0
Profit and loss
account
Sales 49'207.0 40'386.0 41'932.0
Net sales 49'207.0 40'386.0 41'932.0
Other operating
revenue 64.0
Operating revenue 49'207.0 40'450.0 41'932.0 37'241.0 34'356.0
Cost of goods sold 31'305.0 25'786.0 28'088.0
Gross profit 17'902.0 14'664.0 13'844.0
Other operating
expenses 12'236.0 9'140.0 10'001.0
Operating result 5'666.0 5'524.0 3'843.0 4'331.0 4'526.0
other financial
revenues 17.0 1'045.0
Financial income 17.0 0.0 1'045.0
Interest expenses 1'790.0
other financial
expenses 251.0 1'237.0 1'240.0
Financial expenses 2'041.0 1'237.0 1'240.0
Financial result -2'024.0 -1'237.0 -195.0
Result before
extraordinary items 3'642.0 4'287.0 3'648.0
Extraordinary
income 1'644.0
Extraordinary
Result 1'644.0 0.0 0.0
Result before
taxes 5'286.0 4'287.0 3'648.0
Taxes 1'147.0 1'259.0 755.0
Result before
minority interests 4'139.0 3'028.0 2'893.0 2'590.0 3'060.0
minority interests 25.0 7.0 9.0
Result for the
financial year 4'114.0 3'021.0 2'884.0
Cash flow
Depreciation 1'440.0 931.0 986.0 13.0 7.0
Cash flow 5'579.0 3'959.0 3'879.0
Cash flow from
operating activities 3'748.0 5'084.0 4'141.0
Investments in
tangible fixed assets 1'661.0 1'330.0 1'367.0 1'241.0 1'169.0
Cash flow from
investing activities -7'462.0 -1'239.0 -1'320.0
Cash flow from
financing activities 4'188.0 -3'133.0 -2'057.0
Others -94.0 145.0 -87.0
Change in
liquidity 380.0 857.0 677.0
Liquidity at
beginning of the year 2'101.0 1'244.0 567.0
Liquidity at end
ot the year 2'481.0 2'101.0 1'244.0
Notes
Research and
Development 583.0 477.0 498.0
Added value 8'516.0 5'218.0 4'634.0
Working Capital 6'440.0 5'206.0 5'212.0
Sales per Employee 0.4 0.4
Gross cost land
and buildings 6'883.0 5'551.0 5'225.0
Gross cost other
tangible fixed assets 16'147.0 13'872.0 12'590.0
Gross cost total 23'030.0 19'423.0 17'815.0
Employees at year end 127'000 97'000
Ultimate Parent Company
Name: Kraft Foods Inc
City/Country: Northfield, United States of
America/US
Owner/-s
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: Kraft Foods Schweiz
Holding GmbH
City/Country: Zug, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest
Sisters
Name: Kraft Foods Europe
GmbH
City/Country: Glattpark (Opfikon),
Switzerland/CH
Name: Kraft Foods Europe
Procurement GmbH
City/Country: Glattpark (Opfikon),
Switzerland/CH
Name: Kraft Foods Europe
Services GmbH
City/Country: Glattpark (Opfikon),
Switzerland/CH
Name: Kraft Foods Schweiz
GmbH
City/Country: Glattpark (Opfikon),
Switzerland/CH
Investments
Class: 100%
Name: Taloca Café Ltda
City/Country: Santos, Brazil/BR
Interest: 100.00% voting right,
100.00% capital interest
Legal Actions
Control date Year No. Amount CHF Status
04.08.2009 2009 0
04.08.2009 2008 0
04.08.2009 2007 0
04.08.2009 2006 0
An updated legal action check is only
available against proof of interest. e.g. a copy of an enquiry letter, and
order or invoice relating to the subject company.
Credit Information
Financial
Statements: The company does not
disclose any financial statements. Third parties are not permitted any insight
into the financial affairs. It is therefore difficult to make a proper
assessment of the actual situation.
Financial
Situation: The financial situation
is in order.
Payment
experiences: Financial obligations are
met in an orderly manner.
Maximum
Credit: CHF 1'000'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.18 |
|
UK Pound |
1 |
Rs.76.65 |
|
Euro |
1 |
Rs.66.63 |
RATING EXPLANATIONS
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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 |
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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 |
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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.