MIRA INFORM REPORT

 

 

Report Date :

25.04.2012

 

IDENTIFICATION DETAILS

 

Name :

SKA SRL

 

 

Registered Office :

Via Agosta 3, Sandrigo, 36066

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

16.12.2008

 

 

Com. Reg. No.:

03509800243

 

 

Legal Form :

Private Subsidiary

 

 

Line of Business :

Manufacture of other agricultural and forestry machinery

 

 

No. of Employees :

43

 

 

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 :

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 30, 2011

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

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

 

Ska SRL

 

 

 

Via Agosta 3

 

 

Sandrigo, 36066

Italy

 

Tel:

+39 0444 659700

Fax:

+39 0444 659322

 

Employees:

43

Company Type:

Private Subsidiary

Corporate Family:

2 Companies

Ultimate Parent:

Ska SpA

 

 

Incorporation Date:

16-Dec-2008

 

 

 

 

 

 

 

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Euro

Annual Sales:

17.8

Total Assets:

19.0

 

 

 

 

 

 

 

Business Description

 

 

Ska SRL is primarily engaged in manufacture of mowers including lawn mowers; manufacture of agricultural self-loading or self-unloading trailers or semi-trailers; manufacture of agricultural machinery for soil preparation, planting or fertilising (ploughs, manure spreaders, seeders, harrows, etc.); manufacture of harvesting or threshing machinery (harvesters, threshers, sorters, etc.); manufacture of milking machines; manufacture of spraying machinery for agricultural use; and manufacture of diverse agricultural machinery (poultry keeping machinery, bee-keeping machinery, equipment for preparing fodder, etc.; and machines for cleaning, sorting or grading eggs, fruit, seed, grain, etc.).

 

 

Industry

 

 

Industry

Construction and Agriculture Machinery

ANZSIC 2006:

2461 - Agricultural Machinery and Equipment Manufacturing

NACE 2002:

2932 - Manufacture of other agricultural and forestry machinery

NAICS 2002:

33311 - Agricultural Implement Manufacturing

UK SIC 2003:

2932 - Manufacture of other agricultural and forestry machinery

US SIC 1987:

3523 - Farm Machinery and Equipment

Key Executives

 

 

Name

Title

 

Mara Borriero

President

 

Ruggero Segalla

Member of the board

 

Dino Pozzato

Managing director

 

 

 

News

 

 

Title

Date

7 CLUBS
Sunday Mail (Scotland) (150 Words)

22-Apr-2012

BEST FUSION
Wales on Sunday (Wales) (98 Words)

22-Apr-2012

BRIEF: Madness performs set full of favorites at Coachella festival Friday
San Bernardino County Sun (CA) (194 Words)

21-Apr-2012

MIDLAND MUSIC IS MILES BETTER
Birmingham Evening Mail (UK) (351 Words)

21-Apr-2012

MIDLAND MUSIC IS MILES BETTER ; Wonder Stuff singer on a mission to get world listening to region's rock heroes
Birmingham Mail (UK) (351 Words)

21-Apr-2012

 

 

Registered No.(ITA)

 

03509800243

 

Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783

Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

 

 

Corporate Overview

 

Ska SRL

 

Location
Via Agosta 3
Sandrigo, 36066
Italy

 

Tel:

+39 0444 659700

Fax:

+39 0444 659322

 

Suggest Company URL

 

Sales EUR(mil):

13.5

Assets EUR(mil):

14.1

Employees:

43

Fiscal Year End:

31-Dec-2010

 

Industry:

Construction and Agriculture Machinery

Incorporation Date:

16-Dec-2008

Company Type:

Private Subsidiary

Quoted Status:

Not Quoted

Registered No.(ITA):

03509800243

 

Managing director:

Dino Pozzato

Industry Codes

 

 

 

ANZSIC 2006 Codes:

2461

-

Agricultural Machinery and Equipment Manufacturing

 

NACE 2002 Codes:

2932

-

Manufacture of other agricultural and forestry machinery

 

NAICS 2002 Codes:

33311

-

Agricultural Implement Manufacturing

 

US SIC 1987:

3523

-

Farm Machinery and Equipment

 

UK SIC 2003:

2932

-

Manufacture of other agricultural and forestry machinery

Top

 

 

Business Description

 

 

Ska SRL is primarily engaged in manufacture of mowers including lawn mowers; manufacture of agricultural self-loading or self-unloading trailers or semi-trailers; manufacture of agricultural machinery for soil preparation, planting or fertilising (ploughs, manure spreaders, seeders, harrows, etc.); manufacture of harvesting or threshing machinery (harvesters, threshers, sorters, etc.); manufacture of milking machines; manufacture of spraying machinery for agricultural use; and manufacture of diverse agricultural machinery (poultry keeping machinery, bee-keeping machinery, equipment for preparing fodder, etc.; and machines for cleaning, sorting or grading eggs, fruit, seed, grain, etc.).

 

 

 

 

 

 

Financial Data

 

 

Financials in:

EUR(mil)

 

Revenue:

13.5

Assets:

14.1

Current Assets:

10.7

 

Total Liabilities:

14.1

 

Net Worth:

6.3

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

53.7%

NA

 

 

Key Corporate Relationships

Bank:

Banca Popolare di Vicenza Ag, Banca Monte dei Paschi di Siena Ag, Banca Popolare di Marostica Ag

 

 

 

 

 

Corporate Structure News:

 

 

Ska SRL
Total Corporate Family Members: 2

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Ska SpA

Parent

Sandrigo, Vicenza

Italy

Business Services

0.3

1

Ska SRL

Subsidiary

Sandrigo, Vicenza

Italy

Construction and Agriculture Machinery

17.8

43

 


 

 

Ska SRL

Sandrigo, Vicenza, Italy, Tel: +39 0444 659700

Executives Report



 

Board of Directors

 

Name

Title

Function

 

Ruggero Segalla

 

Member of the board

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Mara Borriero

 

President

President

 

Dino Pozzato

 

Managing director

Managing Director

 

 

7 CLUBS
The essential club-hopping guide to the hottest nights this week

Sunday Mail (Scotland): 22 April 2012
[What follows is the full text of the news story.]

 

Tuesday Twisted Tuesday GHQ, Edinburgh DJ JT plays commercial house, electro and chart tracks, plus giant jenga, twister and more.

Thursday Madame Belle's Lulu's, Edinburgh Hip hop, R&B, electro, house and dancefloor anthems with a burlesque twist.

Friday Karnival The Caves, Edinburgh Forward thinking house night with German tech-house producer Butch as guest.

Famous Kushion, Glasgow James Lithgow and DJ Status take it through to 3am with indie, electro, house and hip hop.

Saturday Lory D vs Automat La Cheetah, Glasgow Two adopted sons of Glasgow lock horns, with support from Monox's Currie and The Wasp.

The Egg Wee Red Bar, Edinburgh Indie, 60s garage, electro, Northern Soul, ska, 70s punk and new wave at this Edinburgh institution for those in the know, after a quick fix of decent music and attitude-free clubbing.

The Opal Experience Opal Lounge, Edinburgh Glamorous vocal house and ice-cool electro with a hint of R&B.

 

BEST FUSION

Wales on Sunday (Wales): 22 April 2012
[What follows is the full text of the news story.]

 

Fishbone @ Bogiez, Cardiff (tomorrow) � ECLECTIC and hectic, this outrageous bunch of LA perennials have spent the last 30 years mixing and mashing up the music scene with their blend of ska, punk, rock, funk, reggae, thrash and rap.

Their 1988 opus, Truth And Soul, was one of the first and best albums to truly transcend such genres.

It'll be interesting to see if time has dulled that fearsome edge and whether singer Angelo Moore still has a penchant for playing in the near nuddy.

So people in the front row beware.

� Details: 029 2039 6590

 

BRIEF: Madness performs set full of favorites at Coachella festival Friday

San Bernardino County Sun (CA): 21 April 2012
[What follows is the full text of the news story.]

 

April 21--INDIO -- Madness' combination of horns, ska rhythms and colorful suits drew a sizable audience at the Outdoor Theater Friday.

"For the one who entered the field by accident or prescription medication, we are Madness," said lead vocalist Chris Foreman, before the Camden Town, London group went into "NW5," which was released on their 2009 album "The Liberty of Norton Folgate."

The group would frequently kick beach balls out in the audience and Foreman would tell stories and jokes in between the music, which included staples like the early 80's hit singles "Our House" and "House of Fun."

Audience members danced and even sang along to what seemed like every song in the set which also featured 1980 single "Embarrassment," the

Max Romeo cover "I Chase The Devil A.K.A. Ironshirt" and the Lord Tanamo cover "Taller Than You Are" (both covers were from the group's 2005 album "The Dangermen Sessions Vol. 1) and a 2010 song "Forever Young."

wes.woods@inlandnewspapers.com 909-483-8549

___

 

MIDLAND MUSIC IS MILES BETTER
Wonder Stuff singer on a mission to get world listening to region's rock heroes

Birmingham Evening Mail (UK): 21 April 2012
[What follows is the full text of the news story.]

 

BE IT orchestral rock, New Romantic, ska, reggae or pop, Wonder Stuff frontman Miles Hunt is on a mission to get the rest of the world to take Midlands music more seriously.

The chart-topping singer reckons the region's output is treated frivolously by the music-buying public and wants to change perceptions.

He is touring record stores today performing some of the region's classics, as his band prepares to release seven-inch vinyl cover versions of local gems under the title From The Midlands With Love.

First up will be a rendition of The Move's 1968 No.1 Blackberry Way, backed with Save It For Later by ska legends The Beat.

Songs lined up for future releases include Duran Duran's Hungry Like The Wolf, The Earth Dies Screaming by UB40, Slade's Far Far Away and There There My Dear by Dexys Midnight Runners, plus possible Moody Blues and Steel Pulse covers.

Hunt, aged 45, said: "When I grew up, anything with Roy Wood on it was really important to me.

"When I was a kid my Uncle Bill was the keyboard player in his band Wizzard.

"There was a direct connection - I felt more for things like Wizzard and Slade, whereas things like The Beatles didn't really connect for me.

"But from The Move, through punk, new wave and the ska thing, although I'm biased, for me it always seemed the most important songs in any of those movements were from the Midlands."

Marston Green-born Hunt, later based in Stourbridge, said the region's self-deprecating humour sometimes counted against its music being taken seriously.

The tour will also mark Record Store Day, a fightback by independent music shops against the threat posed by internet retailers and downloads.

He will be joined by Wonder Stuff violinist Erika Nockalls for the performances, taking place at Rise stores in Bristol, Cheltenham and Worcester, plus Cheltenham indie shop Badlands, ending with a mini-gig at Sword-fish in Temple Street, Birmingham, at 3.15pm.

"Mike Caddick and the boys at Swordfish have been there for a long time - let's keep them there for a bit longer," he said.

MIDLAND MUSIC IS MILES BETTER ; Wonder Stuff singer on a mission to get world listening to region's rock heroes

Birmingham Mail (UK): 21 April 2012
[What follows is the full text of the news story.]

 

BE IT orchestral rock, New Romantic, ska, reggae or pop, Wonder Stuff frontman Miles Hunt is on a mission to get the rest of the world to take Midlands music more seriously.

The chart-topping singer reckons the region's output is treated frivolously by the music-buying public and wants to change perceptions.

He is touring record stores today performing some of the region's classics, as his band prepares to release seven-inch vinyl cover versions of local gems under the title From The Midlands With Love.

First up will be a rendition of The Move's 1968 No.1 Blackberry Way, backed with Save It For Later by ska legends The Beat.

Songs lined up for future releases include Duran Duran's Hungry Like The Wolf, The Earth Dies Screaming by UB40, Slade's Far Far Away and There There My Dear by Dexys Midnight Runners, plus possible Moody Blues and Steel Pulse covers.

Hunt, aged 45, said: "When I grew up, anything with Roy Wood on it was really important to me.

"When I was a kid my Uncle Bill was the keyboard player in his band Wizzard.

"There was a direct connection - I felt more for things like Wizzard and Slade, whereas things like The Beatles didn't really connect for me.

"But from The Move, through punk, new wave and the ska thing, although I'm biased, for me it always seemed the most important songs in any of those movements were from the Midlands."

Marston Green-born Hunt, later based in Stourbridge, said the region's self-deprecating humour sometimes counted against its music being taken seriously.

The tour will also mark Record Store Day, a fightback by independent music shops against the threat posed by internet retailers and downloads.

He will be joined by Wonder Stuff violinist Erika Nockalls for the performances, taking place at Rise stores in Bristol, Cheltenham and Worcester, plus Cheltenham indie shop Badlands, ending with a mini-gig at Sword-fish in Temple Street, Birmingham, at 3.15pm.

"Mike Caddick and the boys at Swordfish have been there for a long time - let's keep them there for a bit longer," he said.

BRIEF: The English Beat concert in Bricktown rescheduled for Friday

Daily Oklahoman (Oklahoma City): 20 April 2012
[What follows is the full text of the news story.]

 

April 20--Thursday's rained-out performance by the legendary British ska band The English Beat during the ACM@UCO Rocks Bricktown festival will take place at 9:30 p.m. Friday at the ACM@UCO Performance Lab, 329 E Sheridan.

The English Beat, led by Dave Wakeling, are best known for songs such as "Save It For Later," "Mirror in the Bathroom," "I Confess" and "Twist and Crawl." The group will release a new five-disc boxed set of their collected works in July.

The show will include performances by ACM@UCO bands whose sets were affected by the weather. The concert is free and open to all ages. For more information, go to acm.uco.edu.

 

Asia-Pacific Political, Economic Calendar - Month Ahead(2)

Nikkei English News: 20 April 2012
[What follows is the full text of the news story.]

 

Cash Rate 2.5

Cash Rate (Bps) 0

0800/2300/1900 SKA Q1 Advance GDP

0850/2350/1950 JPN Apr Provisional Trade Statistics for 1st 10 days of

Month

0930/0030/2030 JPN Mar Detailed Import & Export Statistics

1100/0100/2100 AUS Apr DEEWR Vacancy Report

1200/0300/2300 SKA Mar New deposit, loan rates

1330/0430/0030 JPN Feb All Industry Index

1300/0500/0100 SIN Mar Industrial Production Index

On Month +1.1%

On Year +12.1%

1430/0530/0130 SKA OECD - OECD Economic Survey of Korea

Friday, April 27, 2012 Exp Prev

Local/GMT/ET

1045/2245/1845 NZ Mar International Visitor Arrivals

0800/2300/1900 SKA Mar Balance of payments

Current Account Balance 639M

Current Account Seas Adj 4.1B

0815/2315/1915 JPN Apr Japan Manufacturing PMI

0830/2330/1930 JPN Mar Household Spending

Wage-Earner Household Spending

(on year) +2.9%

All Household Spending (on

year) +4% +2.3%

Propensity to Consume YoY %Pts

Chg +0.7%

Adjusted Propensity to Consume 72.2

0830/2330/1930 JPN Mar CPI (Nation), CPI ex-food (Nation)

Japan Core CPI (on year) +0.1%

Japan Overall CPI (on year) +0.3%

Japan Overall CPI (on month) +0.2%

0830/2330/1930 JPN Apr CPI (Tokyo), CPI ex-Food (Tokyo)

Tokyo Core CPI (on year) -0.3%

Tokyo Overall CPI (on year) -0.1%

Tokyo Overall CPI (on month) +0.4%

0830/2330/1930 JPN Mar Labour Force Survey

Jobless Rate 4.5% 4.5%

0850/2350/1950 JPN Mar Preliminary Retail Sales

Overall Retail Sales (on year) 3.5%

Large-Scale Retailers' Sales

(on year) +0.2%



Asia-Pacific Political, Economic Calendar - Month Ahead -4(2)

Nikkei English News: 20 April 2012
[What follows is the full text of the news story.]

 

Imports 44.93B

Imports Dir Change +2

1330/0430/0030 JPN Mar Revised Retail Sales

1400/0500/0100 JPN Apr Consumer Confidence Survey

Survey result 40.3

1300/0500/0100 SIN Mar Retail Sales

On Year +19%

1600/0800/0400 HK Apr Hong Kong port container throughput monthly

estimates

1630/0830/0430 HK Mar External Merchandise Trade: Volume & Price

Statistics

N/A PHI Mar Overseas Filipino Workers Remittances figures

Current Overseas Remittance 1.59B

Current % Chg on Year +5.8%

Wednesday, May 16, 2012 Exp Prev

Local/GMT/ET

0800/2300/1900 SKA Apr Economically Active Population Survey, incl

Unemployment

Jobless rate 3.4%

0850/2350/1950 JPN Mar Orders Received for Machinery

Core Machinery Orders (on

month) +4.8%

Core Machinery Orders (on

year) +8.9%

0850/2350/1950 JPN Mar Tertiary Industry Index

1030/0030/2030 AUS May Westpac - Melbourne Institute Consumer Sentiment

Survey

MoM % Chg -1.6%

1130/0130/2130 AUS Q1 Labour Price Index

Wage Price Index (WPI) QoQ +1%

Wage Price Index (WPI) YoY +3.6%

1130/0130/2130 AUS Apr International Merchandise Imports

1130/0130/2130 AUS Mar Lending Finance

1200/0400/0000 MAL Q1 Balance of Payments

Current account (MYR) 22B

1800/1000/0600 MAL Q1 GDP

GDP Yearly % Chg +5.2%

 

STATEWIDE WINNERS ANNOUNCED IN GIVE WILDLIFE CHANCE POSTER CONTEST

U.S. Fed News: 20 April 2012
[What follows is the full text of the news story.]

 

SOCIAL CIRCLE, Ga., April 20 -- The Georgia Department of Natural Resources issued the following news release:

Twelve elementary school children were announced today as statewide winners in the Give Wildlife a Chance Poster Contest. More than 1,700 kindergarten through fifth-grade students from 14 public schools, private schools and home-school groups participated in the 22nd annual conservation art competition, according to the Georgia Department of Natural Resources and The State Botanical Garden of Georgia.

Statewide winners in the four grade divisions included:

KINDERGARTEN

* First place: Hallie Haggard, Tiftarea Academy, Chula, Ga.

* Second place: Andrew Edwards, Pike County Primary School, Zebulon, Ga.

* Third place: Landan Garrett, Mt. Vernon Elementary School, Gainesville, Ga.

FIRST THROUGH SECOND GRADE

* First place: Dasia Hollenquest, West Clayton Elementary School, College Park, Ga.

* Second place: Erik Godbee, South Effingham Elementary School, Guyton, Ga.

* Third place: Britney Hammonds, Pate's Creek Elementary School, Stockbridge, Ga.

THIRD-FOURTH GRADE

* First place: Katelyn Mao, SKA Academy of Art and Design, Duluth, Ga.

*Second place: Payton Lantrip, Odum Elementary School, Jesup, Ga.

*Third place: Nathan Duncan, St. Joseph Catholic School, Athens, Ga.

FIFTH GRADE

* First place: Megan Stephens, Mt. Vernon Elementary School, Gainesville, Ga.

* Second place: Kalyn Humphries, Hamilton Elementary School, Hartsfield, Ga.

* Third place: Andra Tudor, SKA Academy of Art and Design, Duluth, Ga.

Participants entered at the local school-level with drawings depicting their observations of Georgia's native plants and animals. The theme for the 2012 contest was "The art of conservation - discovering Georgia's natural heritage through art." Drawings were judged based on aspects such as theme, originality, and the quality and impact of the artwork. Top school-level entries proceeded to the state contest at The State Botanical Garden of Georgia in Athens.

The 12 winners' artwork will be featured in the 2012-2013 Give Wildlife a Chance Poster Contest school-year calendar and posted on the DNR Wildlife Resources Division's Flickr site, http://www.flickr.com/photos/wildliferesourcesdivision.

Winning entries will also be displayed on weekends starting today, April 20, through May 7 at the DNR's Go Fish Education Center in Perry. The Go Fish Education Center takes visitors on an educational journey through Georgia's watersheds to learn about the diverse aquatic wildlife, natural habitats and the impacts of water pollution. Visitors will see live fish exhibits, explore underwater habitats from mountain streams to black water swamps, test their fishing skills with interactive fishing and boating simulators, and view aquatic wildlife, including live alligators! Visit http://www.gofisheducationcenter.com for directions, fees and operating hours.

The poster contest is sponsored by the DNR Wildlife Resources Division, The State Botanical Garden of Georgia and The Environmental Resources Network Inc., or TERN, friends group of the Wildlife Resources Division's Nongame Conservation Section. For more information, visit www.georgiawildlife.com or http://www.uga.edu/botgarden, or call the Nongame Conservation Section office in Forsyth, (478) 994-1438.

Georgians can support important conservation, recreation and education efforts like the Give Wildlife a Chance Poster Contest as well as other conservation programs for Georgia's nongame wildlife by purchasing a nongame wildlife license plate and donating to the Give Wildlife Chance state income tax checkoff. The checkoff - line 26 on Form 500 and line 10 on Form 500EZ - and the eagle and hummingbird license plates are primary sources of funding for the Nongame Conservation Section.

The agency receives no state appropriations for its mission to conserve nongame wildlife, native plants and natural habitats. Details at http://www.georgiawildlife.com/conservation. For any query with respect to this article or any other content requirement, please contact Editor at htsyndication@hindustantimes.com

 

Super-telescope: Split site now under consideration

Agence France-Presse: 19 April 2012
[What follows is the full text of the news story.]

 

PARIS, April 19, 2012 (AFP) -

Plans to build the world's most powerful radio telescope are looking at whether the site can be split between rival bidders South Africa and Australia, organisers said on Thursday.

The two countries are waiting anxiously on the decision where the Square Kilometre Array (SKA), a $2-billion scheme conceived back in 1991, will be located.

Earlier this month, the project's parent body, the SKA Organisation, pencilled a meeting for the end of May to give time to let a working group examine the bids further.

Speaking to AFP on Thursday, John Womersley, head of the SKA's board of directors, said the panel was exploring whether it was feasible to split the telescope between the two countries.

"We are seeing if there are ways in which one could instal SKA infrastructure in both Australia and South Africa that would make sense scientifically," Womersley said in an interview from Manchester, England, where the SKA is headquartered.

"But it's key that any solution... must not compromise the science or increase the costs in any unaffordable way."

Scientists hope the SKA, which will be 50 times more sensitive than today's most powerful radio telescopes, will shed new light on fundamental questions about the Universe, including how it began and why it is expanding.

The telescope, designed to be fully operational in 2024, will comprise a vast, dispersed forest of about a thousand antennae which suck radio signals out of the sky.

It will also need unprecedented computing power -- the equivalent processing ability of 100 million PCs -- to crunch this data to detect signs of ancient stars and galaxies.

"You could imagine technically splitting it and installing it in different places, but that would create significant challenges in terms of bringing all the data together, in terms of operating such a split facility and in having the infrastructure and the computing at two locations," Womersley said.

"It's not straightforward to know if this is a good idea or not and it was felt to be something that needed to be looked into with a little bit more than the back of an envelope."

Eight countries are full members of the SKA consortium, including Australia and South Africa.

Reflecting the rising interest of emerging countries in big science projects, China also is a full member and India is an associate member, Womersley said.

The United States, which is facing budget constraints, is not a participant.

'We won't share SKA with Australians'

 

 

 

Cape Times (South Africa)
10 April 2012

 

 

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

NO sharing. That's the message from science ministers in SA and Australia to the suggestion the two countries share the Square Kilometre Array (SKA) telescope.

Members of the SKA Organisation announced last week that the decision on where the SKA should be located will not be made before next month.

It also said that the two countries may be sharing the R15 billion large telescope.

"The members wished to move ahead with the site selection process, and recognised that it is desirable to maintain an inclusive approach to SKA.

"They noted that it is important to maximise the value of the investments made by both candidate host regions," said a statement by the members.

Australian Science Minister Chris Evans was reported in The Australian last month as having said that there was no scope to split the SKA between SA and Australia.

"While some people have suggested that's a way of dealing with the very strong competitive bidding process, I'm told it doesn't make good scientific or economic sense.

"This idea that somehow like Solomon we'll cut it in half and give half each to South Africa and Australia - I don't think that makes sense," Evans said.

SA Minister of Science and Technology Naledi Pandor recently said that she agreed with Evans on that point.

"It's one of the few things we agree on," she said with a laugh at a recent SKA media briefing.

"If the leaked reports on the recommendation of the SKA Site Advisory Committee are indeed accurate and there is no 'scientific or economic' basis for a split decision, then it is logical to expect that the southern African site will be preferred."

Pandor said last week that she was disappointed at the delay.

"I hope the SKA Organisation will make a decision in the first half of 2012 and that the decision will reflect the best scientific outcome," she said.

michelle.jones@inl.co.za


COPYRIGHT 2012 Independent Online

 

Related Geographies

 

Australasia

 

Australia

 


Copyright 2012 Gale, Cengage Learning. All rights reserved. Published by OneSource Information Services, Inc.


 

 

 

Sharing SKA telescope a bad idea, argue SA and Australia

 

 

 

The Star (South Africa)
10 April 2012

 

 

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

NO sharing. That's the response from the science ministers in SA and Australia to the suggestion that the two countries share the Square Kilometre Array telescope.

SKA organisation members announced last week that the decision on where the telescope should be located would not be made before next month.

They also said the two countries may be sharing the R15 billion telescope.

The SKA is one of the biggest scientific projects ever attempted.

"The members wished to move ahead with the site selection process, and recognised that it is desirable to maintain an inclusive approach to SKA. They noted that it is important to maximise the value of the investments made by both candidate host regions," said a statement by the members.

Australian Science Minister Chris Evans was reported in The Australian last month as saying there was no scope to split the SKA between SA and Australia.

"While some people have suggested that's a way of dealing with the very strong competitive bidding process, I'm told it doesn't make good scientific or economic sense.

"This idea that somehow, like Solomon, we'll cut it in half and give half each to South Africa and Australia - I don't think that makes sense," Evans said.

Naledi Pandor, the Minister of Science and Technology, recently said she agreed with Evans.

"If the leaked reports on the recommendation of the SKA site advisory committee are indeed accurate and there is no 'scientific or economic' basis for a split decision, then it is logical to expect that the southern African site will be preferred."

SA, partnered with eight other African countries, is competing against Australia, paired with New Zealand, to host the SKA.

Features of the SA site proposal include low construction costs, low population density, its suitable weather conditions and quiet radio frequency.

Australia's bid has highlighted the country's security, good business environment and fast broadband network.

Paul Brislen, chief executive of the Telecommunications Users' Association of NZ, wrote in The National Business Review recently that New Zealand may miss out on hosting the project because of its high bandwidth costs.

Pandor said last week that she was disappointed at the delay.

"I hope the SKA organisation will make a decision in the first half of 2012 and that the decision will reflect the best scientific outcome.

"We believe we have an excellent site at which exciting science will be done.

"We in Africa are ready to host the SKA," she said.


COPYRIGHT 2012 Independent Online

 

Related Geographies

 

Africa

 

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Copyright 2012 Gale, Cengage Learning. All rights reserved. Published by OneSource Information Services, Inc.


 

 

 

Jailhouse Ska

 

 

 

The Indian Express (New Delhi, India)
09 April 2012
By Somya Lakhani

 

 

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

In an age when indie music is living off alternative gig spaces, the prison too has emerged as a venue for music performances. After Delhi band Menwhopause got on stage in Jail Number 7 at the Capital's Tihar Jail last December, it became one of their most unforgettable gigs. Following the guitar riffs of this band, The Ska Vengers (in the picture) are also set to perform in Tihar's Jail Number 4 on April 26. Known for mixing dub with Jamaican ska, punk, jazz and hip hop, this Delhi band's sound is known to have paved way for offbeat genres to enter the indie music scene. "We wanted to have a New Year's gig at Tihar jail but that didn't work out," says Stefan Kaye, keyboardist of The Ska Vengers.

Inmates of Jail Number 6 that comprises women prisoners and Jail Number 7 that houses young offenders aged 18-21 years, apart from those living in Jail Number 4, will form the audience at this gig. "It will be a very different and discerning audience and I think far more responsive too. It should be a treat for them and us," says Kaye.

Though their songs are mostly in English, the band is working on their own version of the popular Bollywood number Dum maaro dum and are also translating some of their songs in Hindi. "One doesn't need to know the language to enjoy a performance. We are also planning to come up with songs on the jail," says Kaye. The performance will be opened by Delhi-based hip hop and break dance collective, SlumGods.

Copyright 2012 The Indian Express Online Media Pvt. Ltd., distributed by Contify.com


COPYRIGHT 2012 The Indian Express

 

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Final SKA decision may be a compromise

 

 

 

Cape Times (South Africa)
05 April 2012

 

 

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

THE decision on where the Square Kilometre Array (SKA) should be located will not be made before next month - and we may be sharing the large telescope with Australia.

SA, partnered with eight other African countries, is competing against Australia, paired with New Zealand, to host SKA, which is expected to answer the unanswered questions of the universe.

But the biggest question - where the SKA will be located - remains a mystery.

Members of the SKA Organisation met at Schiphol in the Netherlands on Tuesday while the SKA board met there yesterday.

The members noted the site selection advisory committee's report and the associated commentary that had been passed to them by the SKA Organisation's board following the board meeting in Manchester last month, said a statement released late yesterday.

"The members wished to move ahead with the site selection process, and recognised that it is desirable to maintain an inclusive approach to SKA. They noted that it is important to maximise the value of the investments made by both candidate host regions."

It was speculated by the media yesterday that this suggested that a compromise might be reached, with SA and Australia both hosting the telescope.

SA had previously been tipped as the preferred location.

Naledi Pandor, Minister of Science and Technology, said yesterday that she was disappointed at the delay.

"I hope the SKA Organisation will make a decision in the first half of 2012 and that the decision will reflect the best scientific outcome.

"We believe we have an excellent site at which exciting science will be done. We in Africa are ready to host the SKA," she said

SKA board chairman John Womersley tweeted earlier this week that he was on his way to Schiphol Airport in Amsterdam for yesterday's meeting.

"Will discuss site selection recommendation, board comments and way forward," he tweeted.

Womersley had previously warned that a decision would probably not be made at the two meetings scheduled for April 3 and 4.

michelle.jones@inl.co.za


COPYRIGHT 2012 Independent Online

 

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SA may have to do SKA waltzing with Oz

 

 

 

The Mercury (South Africa)
05 April 2012

 

 

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

THE decision on the location of the Square Kilometre Array (SKA) radio and telescope will not be made before next month - and we may share it with Australia.

SA, partnered with eight other African countries, is competing against Australia and New Zealand to host the giant SKA telescope which is expected to answer the big unanswered questions of the universe. Members of the SKA Organisation and SKA Board have met at Schipol in the Netherlands.

They noted the site selection advisory committee's report and the associated commentary that had been passed to them by the SKA Organisation's board, said a statement released late yesterday.

"They noted that it is important to maximise the value from the investments made by both candidate host regions."

It was speculated in the media yesterday that this indicated a compromise might be reached, with SA and Australia both hosting the telescope.

The statement said: "They therefore agreed to set up a small scientific working group to explore possible implementation options that would achieve this. This working group will report back to the members at a meeting in mid-May; its report will provide additional information to facilitate the site decision for SKA."

SA had previously been tipped as the favourite.

Naledi Pandor, Minister of Science and Technology, said yesterday that she was disappointed about the delay.


COPYRIGHT 2012 Independent Online

 

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Copyright 2012 Gale, Cengage Learning. All rights reserved. Published by OneSource Information Services, Inc.


 

 

SA and Oz could share SKA telescope

 

 

 

The Star (South Africa)
05 April 2012

 

 

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

THE decision on where the Square Kilometre Array (SKA) should be located will not be made before next month - and we may be sharing the large telescope with Australia.

SA, partnered with eight other African countries, is competing against Australia, paired with New Zealand, to host the SKA, which is expected to answer the big unanswered questions of the universe.

But the biggest question - where the SKA will be located - remains unanswered.

Members of the SKA Organisation and the board met in the Netherlands this week.

"The members wished to move ahead with the site selection process, and recognised that it is desirable to maintain an inclusive approach to SKA," said a statement yesterday. "They noted that it is important to maximise the value from the investments made by both candidate host regions."

It was speculated that this indicated a compromise may be reached, with SA and Australia both hosting the telescope.


COPYRIGHT 2012 Independent Online

 

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Copyright 2012 Gale, Cengage Learning. All rights reserved. Published by OneSource Information Services, Inc.


 

 

SKA would be a boon for Africa, says Pandor

 

 

 

The Star (South Africa)
04 April 2012

 

 

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

SA will be pushing hard for a decision to be made next week on which countries will host the Square Kilometre Array (SKA) radio telescope project.

That was the word this week from Science and Technology Minister Naledi Pandor, who said at a media conference that SA and its eight African nation partners would be "a brilliant choice".

She also hit out at rival site bidder Australia, saying its lobbying efforts were "insulting" to Africa, and that it had "attempted to diminish" southern Africa's scientific superiority in this bid.

Also, Australian politicians had made "not very subtle" attempts to undermine the rigorous site adjudication process by suggesting that the reported superiority of SA's bid was "nothing more than a 'sympathy' decision" for Africa.

Pandor was speaking before meetings by the international telescope project's members and board yesterday and today in Amsterdam, where they expected to finalise a choice between the African bid and that of an Australia and New Zealand consortium, to construct what will be one of the world's biggest science projects.

Supposedly strictly confidential, it appears clear from media leaks in Australia and the UK, and from the strong reaction in Australia and New Zealand, that an independent site selection committee's recommendation favours Africa's bid on scientific and technical grounds.

It seems that the agreed process by which the committee arrived at this decision was endorsed as fair and scientifically rigorous by a board subcommittee of the SKA organisation, the international company set up to construct and manage the project.

Science and Technology Director-General Phil Mjwara, who represents SA on both SKA boards and as a general member, explained that Australia and New Zealand had raised five areas of concern after the SKA site advisory committee made its recommendation in February, and after it had been endorsed by the SKA siting group.

Three of these outstanding issues had been satisfactorily resolved between the board and the committees, but two had remained on the table and were to be discussed yesterday.

Mjwara said he believed the members could resolve these issues. "If our optimism is correct[bar] then the board will probably discuss how to make the announcement (of the winning site today)."

But SKA SA director Bernie Fanaroff, who is also a SKA organisation board member, said members had a direct interest in how the telescope would be operated, and that this involved significantly more than just the site selection.

Also, another four countries had indicated they intended signing up within the next few months, and had been invited to today's board meeting.

"So I suspect that the discussion will go on a bit (beyond today) about how to make this an inclusive process."

But Pandor added: "We mustn't give them too long a rope. We as ministers want a decision, and the South African team will make it clear that we want a decision.

"Africa is ready to host the SKA. That's really the message we would like the world to hear from us. It's unique, iconic[bar] What a wonderful boon to Africa it would be," she said.

Fanaroff pointed out that the site advisory committee was an independent body that consisted of some of the world's leading astronomers and science administrators. "They considered all the scientific and technical criteria for the two sites."

According to the SKA Organisation's founding articles, it was the members who had to make a decision on where the telescope would be constructed, while the board had to make decisions relating to the functioning of the organisation, he added.

Fanaroff also said it was important to understand what the SKA project meant, as it was on the same scale as the Large Hadron Collider at Cern and the Hubble space telescope, if not bigger.

"It's the world's largest science project at this time, or if not the largest, one of the top two or three. And being on the African continent will be a dramatic statement of what we can do in Africa."


COPYRIGHT 2012 Independent Online

 

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Africa

 

Australasia

 

Australia

 

New Zealand

 


Copyright 2012 Gale, Cengage Learning. All rights reserved. Published by OneSource Information Services, Inc.


 

 

Pandor pushes for SKA decision

 

 

 

Pretoria News (South Africa)
04 April 2012

 

 

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

SOUTH Africa will be pushing hard for a decision to be made next week on which countries will host the massive estimated R15 billion Square Kilometre Array (SKA) radio telescope.

That was the word this week from Science and Technology Minister Naledi Pandor, who said at a media conference that SA and its eight African nation partners would be "a brilliant choice".

She also hit out at rival site bidder Australia, saying its lobbying efforts were "insulting" to Africa, and that it had "attempted to diminish" southern Africa's scientific superiority in this bid.

Also, Australian politicians had made "not very subtle" attempts to undermine the rigorous site adjudication process by suggesting that the reported superiority of SA's bid was "nothing more than a 'sympathy' decision" for Africa.

Pandor was speaking ahead of meetings by the international telescope project's members and board in Amsterdam yesterday and today, where they expected to finalise a choice between the African bid and that of an Australia and New Zealand consortium, to construct what will be one of the world's biggest science projects.

Supposedly strictly confidential, it appears clear from both media leaks in Australia and the UK, and from the strong reaction in Australia and New Zealand, that an independent site selection committee's recommendation favours Africa's bid on scientific and technical grounds.

It seems clear that the agreed process by which the committee arrived at this decision was endorsed as fair and scientifically rigorous by a board sub-committee of the SKA organisation, the international company set up to construct and manage the project.

Pandor's director-general, Dr Phil Mjwara, who represents SA on both SKA boards and as a general member, explained that Australia and New Zealand had raised five areas of concern after the SKA site advisory committee made its recommendation in February, and after it had been endorsed by the SKA siting group.

Three of these outstanding issues had been satisfactorily resolved between the board and the committees, but two had remained on the table and were to be discussed by the SKA organisation's members on Tuesday.

Mjwara said he believed these two outstanding issues could be resolved by the members. "If our optimism is correct[bar] then the board will probably discuss how to make the announcement (of the winning site on Wednesday)."

But SKA SA director Dr Bernie Fanaroff, who is also a SKA organisation board member, said members had a direct interest in how the telescope would be operated, and that this involved significantly more than just the site selection.

Also, another four countries had indicated they intended signing up within the next few months, and had been invited to today's board meeting.

"So I suspect that the discussion will go on a bit (beyond Wednesday) about how to make this an inclusive process."

But Pandor added: "We musn't give them too long a rope. We as ministers want a decision, and the South African team will make it clear that we want a decision.

"Africa is ready to host the SKA. That's really the message we would like the world to hear from us. It's unique, iconic[bar] What a wonderful boon to Africa it will be."

Fanaroff pointed out that the site advisory committee was an independent body that consisted of some of the world's leading astronomers and science administrators. "They considered all the scientific and technical criteria for the two sites."

According to the SKA Organisation's founding articles, it was the members who had to make a decision on where the telescope would be constructed, while the board had to make decisions relating to the functioning of the organisation, he added.

"So it's up to the members to decide what they will do. We obviously know what's in the recommendation, but we will continue to respect confidentiality."

Fanaroff also said it was important to understand what the SKA project meant, as it was on the same scale as the Large Hadron Collider at Cern and the Hubble space telescope, if not bigger.

"It's the world's largest science project at this time, or if not the largest, one of the top two or three. And being on the African continent will be a very dramatic statement of what we can do in Africa."


COPYRIGHT 2012 Independent Online

 

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Africa

 

Australasia

 

Australia

 

New Zealand

 


Copyright 2012 Gale, Cengage Learning. All rights reserved. Published by OneSource Information Services, Inc.


 

 

Africa 'brilliant choice' to host huge SKA telescope

 

 

 

The Saturday Star (South Africa)
31 March 2012

 

 

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

SOUTH Africa will be pushing hard for a decision to be made next week on what countries will host the massive R15 billion-plus Square Kilometre Array (SKA) radio telescope project.

That was the word this week from Science and Technology Minister Naledi Pandor, who said SA and its eight African nation partners would be "a brilliant choice".

She also hit out at rival site bidder Australia, saying its lobbying efforts had been "insulting" to Africa and that it had "attempted to diminish" southern Africa's scientific superiority in the bid.

Also, Australian politicians had made "not very subtle" attempts to undermine the rigorous site adjudication process by suggesting that the reported superiority of SA's bid was "nothing more than a "sympathy decision" for Africa.

Pandor was speaking ahead of meetings by the international telescope project's members and board in Amsterdam on Tuesday and Wednesday respectively, where they might finalise a choice between the African bid and that of a consortium of Australia and New Zealand, to construct what will be one of the world's biggest science projects.

Supposedly strictly confidential, it appears clear from both media leaks in Australia and the UK, and from the strong reaction of Australia and New Zealand, that an independent site selection committee's recommendation favours Africa's bid on scientific and technical grounds.

It also seems clear that the agreed process by which this committee arrived at this decision was endorsed as fair and scientifically rigorous.

Pandor's director-general Dr Phil Mjwara explained that Australia and New Zealand had raised five areas of concern.

Three had been satisfactorily resolved but two remained on the table and would be discussed on Tuesday.

Pandor said: "We as ministers want a decision and the South African team will make it clear that we want a decision...

"Africa is ready to host the SKA. That's really the message we would like the world to hear from us. It's unique, iconic..."

SKA SA director Dr Bernie Fanaroff said it was important to understand what the SKA project meant, as it was on the same scale as the Large Hadron Collider at Cern and the Hubble space telescope.

"It's the world's largest science project at this time[bar] And being on the African continent will be a very dramatic statement of what we can do."


COPYRIGHT 2012 Independent Online

 

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Copyright 2012 Gale, Cengage Learning. All rights reserved. Published by OneSource Information Services, Inc.


 

 

'SA to be site of large SKA telescope'

 

 

 

Pretoria News (South Africa)
30 March 2012

 

 

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

WHEN members of the SKA Organisation meet next week they will have to decide how to address two issues raised by Australia and New Zealand about where the large telescope should be located.

This could indicate that Australia and New Zealand are concerned they have lost the bid to SA and is likely to delay the site decision.

Phil Mjwara, director-general of the Department of Science and Technology, said the two countries had raised five issues at a previous meeting of the SKA Organisation and had indicated they would like to get clarity.

He was speaking at the SKA SA offices in Joburg yesterday, at a media briefing video-linked to Cape Town.

"The board felt that out of the issues they had raised, only two issues could not be addressed by (either) the SKA Site Advisory Committee (or) the SKA Siting Group."

Mjwara said the technical scientific issues would hopefully be addressed by members at the meeting on April 3.

Science and Technology Minister Naledi Pandor said the South Africans at the meeting would ask that a decision be made as soon as possible.

"The SA team will make it clear that we want a decision."

She said it had been expected that there would be a decision on Wednesday (April 4), but this was likely to be delayed.

Pandor said: "I think it is important to say that we're constrained in responding with respect to the outcome, because it is confidential. We feel it should be treated as such and we can only infer from the response from Australia what the reports say."

Mjwara said the completed SKA SA bid, of about 25 000 pages, had been submitted in September 2011 and had sought to address three criteria:

l Scientific - Is the site scientifically capable of allowing radio observations by the SKA?

l Technical - Can the infrastructure and operational requirements of the SKA be met?

l Other - Do any other factors exist that could affect the operations and staff of the SKA?

"In respect of all three factors Africa is an excellent potential site for the SKA," Mjwara said.

He said the meeting of SKA members on Tuesday would review the recommendation and commentary from the SKA Board of Directors. The next day, the board of directors would meet to deal with administrative issues relating to the SKA organisation and consider whether four other countries, one of which was Angola, should join the organisation. Members from Canada, China, Italy, the Netherlands and Britain would make the final site decision.

SA, Australia and New Zealand are not allowed to vote.

SKA SA project director Bernie Fanaroff said no comment would be made on the site recommendation.

"We obviously know what is in the recommendation and as the minister says, we have respected the confidentiality and we will continue to respect the confidentiality.

"There have been leaks to the media. Many of you will have seen the reports in the Sydney Morning Herald and Nature, which is one the world's leading science journals, which reported that the southern African site had been recommended by the international site advisory committee. We can't comment on that." These leaked reports have indicated that SA is favoured over Australia for the SKA's location.


COPYRIGHT 2012 Independent Online

 

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Annual Profit & Loss

 

 

 

31-Dec-2010

31-Dec-2009

Period Length

12 Months

12 Months

Filed Currency

EUR

EUR

Exchange Rate (Period Average)

0.755078

0.719047

Consolidated

No

No

 

 

 

Total income

18.5

12.2

Net sales

17.8

12.2

Other operating income

0.5

0.4

Raw materials and consumables employed

8.0

5.1

Other expenses

5.1

3.0

Total payroll costs

2.3

1.9

Fixed asset depreciation and amortisation

0.7

0.5

Other operating costs

0.2

0.1

Net operating income

2.2

1.6

Total financial income

0.1

0.0

Total expenses

0.1

0.0

Profit before tax

2.2

1.6

Extraordinary result

0.0

0.0

Profit after extraordinary items and before tax

2.2

1.6

Total taxation

0.6

0.8

Net profit

1.5

0.8

 

 

Annual Balance Sheet

 

 

 

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

Filed Currency

EUR

EUR

Exchange Rate

0.745406

0.696986

Consolidated

No

No

 

 

 

Total stockholders equity

8.5

8.0

Provision for risks

0.1

0.1

Provision for pensions

0.4

0.4

Mortgages and loans

1.0

-

Other long-term liabilities

0.1

0.3

Trade creditors

4.2

2.4

Bank loans and overdrafts

0.5

-

Other current liabilities

4.1

2.4

Accruals and deferred income

0.1

0.1

Total current liabilities

8.9

4.9

Total liabilities (including net worth)

19.0

13.6

Intangibles

0.0

0.1

Total tangible fixed assets

4.5

3.4

Total financial assets

0.0

0.0

Receivables due after 1 year

0.1

0.0

Total non-current assets

4.7

3.5

Net stocks and work in progress

5.1

3.4

Trade debtors

3.2

2.5

Other receivables

0.6

0.4

Cash and liquid assets

5.2

3.8

Accruals

0.2

0.1

Total current assets

14.3

10.1

Total assets

19.0

13.6

 


Annual Ratios

 

 

 

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

Period Length

12 Months

12 Months

Filed Currency

EUR

EUR

Exchange Rate

0.745406

0.696986

Consolidated

No

No

 

 

 

Current ratio

1.60

2.10

Quick ratio

1.00

1.40

Current liabilities to net worth

0.01%

0.01%

Sales per employee

0.31

0.12

Profit per employee

-

0.02

Average wage per employee

0.04

0.02

Net worth

8.5

8.0

Number of employees

-

72

 

 
 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.79

UK Pound

1

Rs.85.17

Euro

1

Rs.69.53

 

 

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%)

 

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