MIRA INFORM REPORT
|
Report Date : |
17.04.2012 |
IDENTIFICATION DETAILS
|
Name : |
BUNGE SA |
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Registered Office : |
Route de Florissant 13, Case postale 518, 1211
Genève 12 |
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Country : |
Switzerland |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
26.02.2001 |
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Com. Reg. No.: |
020.3.915.530-2 / 104093 |
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Legal Form : |
Company limited by shares |
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Line of Business : |
Integrated, global agribusiness and food company operating in the
farm-to-consumer food chain with worldwiede distribution capabilities |
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|
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No. of Employees
: |
180 |
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 |
|
Maximum Credit Limit : |
CHF 1'500'000 |
|
Status : |
Satisfactory |
|
Payment
Behaviour : |
No Complaints |
|
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 – September 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Switzerland |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Bunge SA
Route de Florissant 13
Case postale 518
1211 Genève 12
Switzerland/CH
Telephone: 022
5929100
Fax: 022
5929102
Web
site: http://www.bunge.com
E-mail: info@bunge.com
VAT-No.: CHE102479861
Established: 1976
Line
of Business: Trade brokers
Industry
Division: Wholesale trade
Industry-code (NACE): 4619 Agents involved in the sale of a variety of
goods
Import/Export: Import, Export
Banks: UBS Ltd
CS Credit
Suisse
Coverage: Company
Figures: estimated
Employees: 180
Sales: CHF 200-400 Mio
Integrated, global agribusiness and food company operating in the
farm-to-consumer food chain with worldwiede distribution capabilities.
Information on property ownership was not available.
Company
No: 020.3.915.530-2 /
104093
Legal
form: Company limited
by shares
Registration: 26.02.2001
Legal
status: active
Responsible
Register: Registre du commerce du
canton de Genève
Auditor: Deloitte SA, Meyrin
History: Date of Incorporation
Statutes: 09.08.1977
Date of
Statutes: 17.07.2009
Date of
Statutes: 12.02.2003
Date of Statutes:
09.07.2002
Date of
Statutes: 11.09.2001
Date of
Statutes: 21.02.2001
Entry Deleted Name
14.09.2001 Bunge
SA
26.02.2001 Lagran AG
26.02.2001 14.09.2001 Bunge Agribusiness SA
Entry Deleted Legal domicile
26.02.2001 Genève,
Switzerland
26.02.2001 Zürich, Switzerland
Entry Deleted Address
11.07.2002 route
de Florissant 13, 1206 Genève/GE, Switzerland/CH
Entry Deleted Capital
11.07.2002 Share
Capital CHF 6'150'000, paidup CHF 6'150'000
Entry Deleted Capital Structure
11.07.2002 6'150
Registered shares of CHF 1'000.--
Entry Deleted Activity (original Language)
14.02.2003 Activités
commerciales et agro-industrielles, notamment achat, importation, exportation,
transformation, stockage, transfert, vente et distribution de matières
premières agricoles et de leurs produits dérivés, manufacturés ou non;
activités de services au profit de sociétés de son groupe ou de tiers, ainsi
qu'investissements, achat et/ou vente, construction, prise ou dation en
location et gestion d'actifs agro-industriels.
Entry Deleted Remarks (original Language)
active Publishing
authority: FOSC.
active Merger:
lors de l'augmentation du capital-actions du 24-10-1997, la société a repris au
sens de l'article 748 CO, l'actif et le passif de la société "Warinco
AG", à Zurich, selon bilan de fusion du 30-06-1997, présentant un actif de
CHF 5'196'852 et un passif envers les tiers de CHF 210'843; en contrepartie il
a été remis 2'000 actions de CHF 1'000, au porteur, aux actionnaires de la
société absorbée.
23.07.2009 Reports:
Communication aux actionnaires: lettre recommandée s'ils sont connus, à défaut
Feuille Officielle Suisse du Commerce
01.02.2006 Merger:
Reprise des actifs et passifs de la société BU.AR HOLDING SA, à Genève
(CH-660-1874002-2), selon contrat de fusion du 20.12.2005 et bilan au
30.09.2005, présentant des actifs de CHF 65'665, des passifs envers les tiers
de CHF 24'280, soit un actif net de CHF 41'385. Conformément à l'attestation
d'un réviseur particulièrement qualifié, la société reprenante dispose de fonds
propres librement disponibles équivalant au moins au montant du découvert. La
totalité du capital-actions des deux sociétés étant détenue par le même
actionnaire, la fusion ne donne pas lieu à une augmentation du capital, ni à
une attribution d'actions.
01.02.2006 Merger:
Reprise des actifs et passifs de la société Cereol International (Suisse) SA, à
Genève (CH-660-0162994-3), selon contrat de fusion du 20.12.2005 et bilan au
30.09.2005, présentant des actifs de CHF 10'058'321, des passifs envers les tiers
de CHF 1'625'329, soit un actif net de CHF 8'432'992. La totalité du
capital-actions des deux sociétés étant détenue par le même actionnaire, la
fusion ne donne pas lieu à une augmentation du capital, ni à une attribution
d'actions.
01.02.2006 Merger:
Reprise des actifs et passifs de la société Oleina Holding SA, à Genève
(CH-660-0308990-2), selon contrat de fusion du 20.12.2005 et bilan au
30.09.2005, présentant des actifs de CHF 13'957'592, des passifs envers les
tiers de CHF 52'929'920, soit un passif net de CHF 38'972'328. Conformément à
l'attestation d'un réviseur particulièrement qualifié, une créance d'un montant
au moins équivalant au découvert et au surendettement de la société reprise a
été postposé. La totalité du capital-actions des deux sociétés étant détenue
par le même actionnaire, la fusion ne donne pas lieu à une augmentation du
capital, ni à une attribution d'actions.
14.09.2001 Merger:
Reprise de l'actif et du passif, au sens de l'article 748 CO, de la société
Bunge Aktiengesellschaft, à Zurich, selon contrat du 11-09-2001 et bilan au
31-07-2001, présentant un actif de 36'645'090 et un passif envers les tiers de
CHF 1'023'391, soit un actif net de CHF 35'621'699, pour lequel sont remises
aux actionnaires de la société reprise 4'050 actions de CHF 1'000, au
porteur.
26.07.2001 Merger:
Reprise de l'actif et du passif, au sens de l'article 748 CO, de la société
"Celtic Handels AG", à Zurich, selon contrat du 23.07.2001 et bilan
au 30.06.2001, comportant un actif de CHF 2'619'534,39 et un passif envers les
tiers de CHF 0, soit un actif net de CHF 2'619'534,39. Le capital-actions de la
société absorbée et celui de la société absorbante étant détenus par le même
actionnaire, la fusion a lieu sans augmentation du capital-actions.
Title Name
President Jean-Loius
Gourbin, Origin: France, Address: 1200 Genève/GE, Switzerland, joint signature
of two
Vice-President Maurizio Terazzi,
Origin: Italy, Address: 1200 Genève/GE, Switzerland, joint signature of two
Executive
Director Pascal
Pionchon , Origin: France, Address: Cuvat, France, joint signature of two,
Registered since: 14.04.2011
Executive
Director Brain
Thomsen, Origin: Denmark, Address: 1255 Corsier/GE, Switzerland, joint
signature of two
Executive
Director Vesselina
Shaleva , Origin: Bulgaria, Address: 1200 Genève/GE, Switzerland, joint
signature of two, Registered since: 09.08.2010
Title Name
Director Henri
Rieux, Origin: France, Address: 1200 Genève/GE, Switzerland, joint signature of
two
Director William
John Gibson, Origin: United Kingdom, Address: 1200 Genève/GE, Switzerland,
joint signature of two
Director Dirk
Hellings, Origin: Belgium, Address: 1200 Genève/GE, Switzerland, joint
signature of two
Director William
Lee Mc Clain, Origin: United States of America, Address: 1200 Genève/GE,
Switzerland, joint signature of two
Member
with signing authority Marc de Voogd,
Origin: Netherlands, Address: 1200 Genève/GE, Switzerland, joint signature of
two
Member
with signing authority Alberto
Alvarez, Origin: Lancy, Switzerland, Address: Bernex, Switzerland, joint
signature of two
Member
with signing authority Yvette
Lion-Burnier, Origin: Genève, Switzerland, Address: 1200 Genève/GE,
Switzerland, joint signature of two
Member
with signing authority Pierre-Yves
Eloy, Origin: France, Address: 1200 Genève/GE, Switzerland, joint signature of
two
Member
with signing authority Vincent Minna,
Origin: Genève, Switzerland, Address: 1200 Genève/GE, Switzerland, joint
signature of two
Member
with procuration Alain Boudraa,
Origin: France, Address: 1200 Genève/GE, Switzerland, joint power of attorney
of two, Restricted signatory powers
Member
with procuration Simon
Brotherton, Origin: United Kingdom, Address: 1200 Genève/GE, Switzerland, joint
power of attorney of two, Restricted signatory powers
Member
with procuration Dominique
Currat, Origin: Fiaugères, Switzerland, Address: Thônex, Switzerland, joint
power of attorney of two, Restricted signatory powers
Member
with procuration Christos
Dimopoulos, Origin: Genève, Switzerland, Address: 1200 Genève/GE, Switzerland,
joint power of attorney of two, Restricted signatory powers
Member
with procuration Jean-Eudes
Gautrot, Origin: Sumiswald, Switzerland, Address: Veyrier, Switzerland, joint
power of attorney of two, Restricted signatory powers
Member
with procuration Serge Levy,
Origin: France, Address: Saint-George, Switzerland, joint power of attorney of
two, Restricted signatory powers
Member
with procuration Giovanni
Ravano, Origin: Italy, Address: Pully, Switzerland, joint power of attorney of
two, Restricted signatory powers
Member
with procuration David Rigby,
Origin: Zürich, Switzerland, Address: Prangins, Switzerland, joint power of
attorney of two, Restricted signatory powers
Member
with procuration Andrea
Hernandez, Origin: Founex, Switzerland, Address: Founex, Switzerland, joint
power of attorney of two, Restricted signatory powers, Registered since:
08.12.2011
Member
with procuration Vladimir
Zinkovski, Origin: Netherlands, Address: 1200 Genève/GE, Switzerland, joint
power of attorney of two, Restricted signatory powers
Member
with procuration Peter
Spierings, Origin: Netherlands, Address: Collogne-Bellerive, Switzerland, joint
power of attorney of two, Restricted signatory powers
Member
with procuration Paul Bateson,
Origin: United Kingdom, Address: Chêne-Bougeries, Switzerland, joint power of
attorney of two, Restricted signatory powers
Member
with procuration Daniel
Amarilla, Origin: Italy, Address: 1200 Genève/GE, Switzerland, joint power of
attorney of two, Restricted signatory powers
Member
with procuration Eric
Alsembach, Origin: Chermignon, Switzerland, Address: Yens, Switzerland, joint
power of attorney of two, Restricted signatory powers
Member
with procuration Paul
Fletcher , Origin: United Kingdom, Address: 1286 Soral/GE, Switzerland, joint
power of attorney of two, Restricted signatory powers, Registered since:
24.02.2010
Member
with procuration Louis Touzin
, Origin: Canada, Address: 1200 Genève/GE, Switzerland, joint power of attorney
of two, Restricted signatory powers, Registered since: 13.11.2009
Member
with procuration Alexandre
Shahram Sabeti, Origin: Genève, Switzerland, Address: Collonge-Bellerive,
Switzerland, joint power of attorney of two, Restricted signatory powers,
Registered since: 08.12.2011
Member
with procuration Cândido Dos
Santos, Origin: Portugal, Address: 1200 Genève/GE, Switzerland, joint power of
attorney of two, Registered since: 08.06.2009
Member
with procuration Sandrine
Charvier, Origin: France, Address: Seynod, France, joint power of attorney of
two, Restricted signatory powers, Registered since: 04.09.2009
Title Name
Chief
Executive Officer Jean-Loius
Gourbin
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
Operating revenue 45'707.0 41'926.0 52'574.0 37'842.0 26'274.0
Operating result 3'050.0 145.0 1'363.0 1'208.0 593.0
Result before
minority interests 2'354.0 361.0 1'064.0 778.0 521.0
Total shareholders
equity 12'554.0 10'365.0 8'128.0 8'697.0 6'078.0
Total assets 26'001.0 21'286.0 20'302.0 21'991.0 14'347.0
Depreciation 443.0 443.0 439.0 385.0 324.0
Investments in tangible
fixed assets 1'072.0 918.0 896.0 658.0 503.0
Employees at year end 33'021 25'945 24'917 23'889 20'000
Name: Bunge Limited
City/Country: Hamilton, Bermuda/BM
No.
of Owner/-s: 1
Owner: The company is foreign
owned.
Class: 100%
Name: Koninklijke Bunge BV
City/Country: Rotterdam, Netherlands/NL
Interest: 100.00% voting right,
100.00% capital interest
Name: ECOINVEST CARBON SA
City/Country: Genève, Switzerland/CH
Class: 100%
Name: Oleina SA
City/Country: Genève, Switzerland/CH
Interest: 100.00% voting right,
100.00% capital interest
Control date Year No. Amount CHF Status
04.01.2011 2011 0
04.01.2011 2010 0
04.01.2011 2009 0
04.01.2011 2008 0
04.01.2011 2007 0
09.12.2009 2006 0
09.12.2009 2005 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.
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 considered to be good.
Payment
experiences: Payment habits are
considered good.
Maximum
Credit: CHF 1'500'000
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.51.66 |
|
UK Pound |
1 |
Rs.81.79 |
|
Euro |
1 |
Rs.67.18 |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.