MIRA INFORM REPORT

 

 

Report Date :

01.08.2012

 

IDENTIFICATION DETAILS

 

Name :

ATO S.R.L.

 

 

Registered Office :

Brodolini, 18 23900 Lecco

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

20.04.2001

 

 

Legal Form :

Sole-Member Limited Liability Company

 

 

Line of Business :

Wholesale of machine tools

 

 

No. of Employees :

5

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Ca

 

RATING

STATUS

PROPOSED CREDIT LINE

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

 

Status :

Poor

Payment Behaviour :

Slow and delayed

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, 2012

 

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

 

Ato S.r.l.

 

 

Brodolini,

18

 

23900

- Lecco

(LC)

-IT-

 

 

Summary

 

Fiscal Code

:

02599300130

Legal Form

:

Sole-Member Limited Liability Company

start of Activities

:

14/05/2001

Equity

:

2.000.000

Turnover Range

:

375.000/500.000

Number of Employees

:

from 1 to 5

 

 

Highlights

 

ATO S.r.l. acts in the field of mechanical presses for the hot and cold

 

forming of metals.

 

Until 27.12.2011 company's share were held by the Swiss company BLUE STEEL

 

HOLDING AG, in bankruptcy since 22.09.2010.

 

Subject has been strongly influenced by the trend of the precious shareholder

 

and by the general economic crisis.

 

Financial accounts for 2011 are not available yet and even though we have

 

been informed that the company showed a better performed trend, we suggest

 

to avoid business transactions on credit basis and to follow further developments.

 

 

 

 

 

Activity

 

Wholesale of machine tools

 

Legal Data

 

Legal Form : Sole-Member Limited Liability Company

Fiscal Code : 02599300130

 

Foreign Trade Reg. no. : LC020092 since 22/02/2002

 

Foreign Trade Reg. no. : 020092 of since 22/02/2002

 

Chamber of Commerce no. : 293019 of since 08/05/2001

 

Firms' Register : LC-2001-8342 of since 08/05/2001

 

V.A.T. Code : 02599300130

 

Trade Agents Licence : 8294 of since 19/03/2002

 

Establishment date

: 20/04/2001

Start of Activities

: 14/05/2001

Legal duration

: 31/12/2050

Nominal Capital

: 100.000

 

Subscribed Capital

: 100.000

 

Paid up Capital

: 100.000

 

 

 

Members

 

 

Perillo

Mario

 

 

 

Born in Lecco

(CO)

on 07/10/1966

- Fiscal Code : PRLMRA66R07E507U

 

 

 

Residence:

Via Arch.pisoni

, 32

- 06612

Ascona

- CH -

 

Position

Since

Shares Amount

% Ownership

Director

30/06/2010

 

 

Board Chairman

28/10/2010

 

 

 

 

No Prejudicial events are reported

 

 

No Protests registered

 

 

Weltert

Johann Martin Vitus

 

 

 

Born in Buron

( )

on 15/12/1955

- Fiscal Code : WLTJNN55T15Z133O

 

 

 

Residence:

Via Galgenrain

, 16

Buron

- CH -

 

Position

Since

Shares Amount

% Ownership

Director

28/10/2010

 

 

 

 

No Protests registered

 

 

Faes

Rolf

 

 

 

Born in Schoeftland Und Unterkulm

( )

on 27/10/1945

- Fiscal Code : FSARLF45R27Z133E

 

 

 

Residence:

Via Schafrain

, 51

Muhen

- CH -

 

Position

Since

Shares Amount

% Ownership

Director

28/10/2010

 

 

 

 

No Protests registered

 

Companies connected to members *

 

*checkings have been performed on a national scale.

In this module the companies in which members hold/held positions are listed.

 

The Members of the subject firm are not reported to be Members in other companies.


Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Ato Ag

Luzern - CH -

 

 

100,00

 

 

Direct Participations

 

The Company under review has no participations in other Companies.



Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Sede legale e di attivita'

 

since 14/12/2010

 

 

 

 

 

Viale

Brodolini

, 18

- 22053

- Lecco

(LC)

- IT -

 

 

 

 

TELEFONO

: 0341422043

 

 

 

 

FAX

: 0341220115

 

-

Unita' locale

(Magazzino)

since 16/03/2006

until 14/12/2010

 

 

 

 

 

Viale

Giacomo Brodolini

, 18

- 22053

- Lecco

(LC)

- IT -

 

 

 

 

Employees

: 5

 

Fittings and Equipment for a value of 110.000

Eur

 

Stocks for a value of 30.150.000

Eur

 

 

 

 

Historical Information and/or Firm's Status

 

CHANGES TO THE LEGAL FORM

 

Former legal form

New legal form

Changement Date

Sole-Member Limited Liability Company

Joint stock company with sole shareholder

26/03/2004

Joint stock company with sole shareholder

Sole-Member Limited Liability Company

26/07/2011

 

 

EX-MEMBERS / EX-POSITIONS

 

 

Mascheroni

Eugenio

 

 

 

Born in Milano

(MI)

on 10/08/1938

- Fiscal Code : MSCGNE38M10F205Z

 

 

 

Residence:

 

San Bernardo

, 1

- 23874

Montevecchia

(LC)

- IT -

 

Ex-Postions

Permanent Auditor

 

 

Corti

Giorgio

 

 

 

Born in Lecco

(CO)

on 29/10/1959

- Fiscal Code : CRTGRG59R29E507N

 

 

 

Residence:

 

Capodistria

, 22

- 23900

Lecco

(LC)

- IT -

 

Ex-Postions

Permanent Auditor

 

 

Carbonero

Guglielmo

 

 

 

Born in Santa Margherita Ligure

(GE)

on 03/09/1969

- Fiscal Code : CRBGLL69P03I225B

 

 

 

Residence:

 

Monte Grappa

, 9

- 28100

Novara

(NO)

- IT -

 

Ex-Postions

Chairman of the Board of Aud.

 

 

Perillo

Mario

 

 

 

Born in Lecco

(CO)

on 07/10/1966

- Fiscal Code : PRLMRA66R07E507U

 

 

 

Residence:

Via Arch.pisoni

, 32

- 06612

Ascona

- CH -

 

Ex-Postions

Sole Director

 

 

BLUE STEEL HOLDING AG

 

 

 

 

Ex-Postions

Sole partner

 

 

Avegno

Ilaria

 

 

 

Born in Genova

(GE)

on 25/11/1972

- Fiscal Code : VGNLRI72S65D969I

 

 

 

Residence:

 

Pirandello Luigi

, 1/2

- 16145

Genova

(GE)

- IT -

 

Ex-Postions

Temporary Auditor




Protests

 

Protests checking on the subject firm has given a negative result.

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

 

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.

 

Financial Data

 

 

 

Complete balance-sheet for the year

31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

441.645

Profit (Loss) for the period

-1.207.812

 

 

 

Complete balance-sheet for the year

31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

188.586

Profit (Loss) for the period

-10.992.644

 

 

 

Complete balance-sheet for the year

31/12/2008

(in Eur

x 1)

 

Item Type

Value

Sales

14.364.035

Profit (Loss) for the period

52.341

 

 

 

Complete balance-sheet for the year

31/12/2007

(in Eur

x 1)

 

Item Type

Value

Sales

11.534.393

Profit (Loss) for the period

-820.679

 

 

 

Complete balance-sheet for the year

31/12/2006

(in Eur

x 1)

 

Item Type

Value

Sales

20.198.402

Profit (Loss) for the period

2.445.778

Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: - Amounts x 1

 

- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: - Amounts x 1

 

Years

2010

2009

2008

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

1.135

 

 

. . Research,develop. and advert.expens.

 

 

 

. . Industrial patent rights

 

 

 

. . Concessions,licenses,trademarks,etc.

 

 

 

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

28.879

54.009

75.768

. Total Intangible Fixed Assets

30.014

54.009

75.768

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

4.487.697

3.950.886

4.076.735

. . Plant and machinery

 

 

82

. . Industrial and commercial equipment

112.532

145.052

175.494

. . Other assets

107.552

102.244

128.832

. . Assets under construction and advances

 

 

 

. Total Tangible fixed assets

4.707.781

4.198.182

4.381.143

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

 

 

 

. . . Equity invest. in subsidiary companies

 

 

 

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

 

 

 

. . Financial receivables

2.030

1.991

1.991

. . . . Within 12 months

2.030

1.991

1.991

. . . . Beyond 12 months

 

 

 

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

2.030

1.991

1.991

. . . . Within 12 months

2.030

1.991

1.991

. . . . Beyond 12 months

 

 

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

2.030

1.991

1.991

Total fixed assets

4.739.825

4.254.182

4.458.902

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

 

 

 

. . Work in progress and semimanufactured

 

 

 

. . Work in progress on order

 

 

 

. . Finished goods

30.146.618

29.711.732

21.868.335

. . Advance payments

 

 

3.391.791

. Total Inventories

30.146.618

29.711.732

25.260.126

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

2.657.559

11.504.966

16.513.602

. . Beyond 12 months

641.808

 

 

. . Trade receivables

1.928.357

10.244.991

14.912.236

. . . . Within 12 months

1.286.549

10.244.991

14.912.236

. . . . Beyond 12 months

641.808

 

 

. . Receivables due from subsid. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

1.210.941

1.228.345

1.563.248

. . . . Within 12 months

1.210.941

1.228.345

1.563.248

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

160.069

31.630

38.118

. . . . Within 12 months

160.069

31.630

38.118

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

3.299.367

11.504.966

16.513.602

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

6.383

. Total Financial Assets

 

 

6.383

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

1.037.139

29.619

2.194.927

. . Checks

 

 

 

. . Banknotes and coins

5.868

10.216

6.327

. Total Liquid funds

1.043.007

39.835

2.201.254

Total current assets

34.488.992

41.256.533

43.981.365

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

27.298

66.245

74.409

Total adjustments accounts

27.298

66.245

74.409

TOTAL ASSETS

39.256.115

45.576.960

48.514.676

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

3.000.000

3.000.000

3.000.000

. Additional paid-in capital

 

 

 

. Revaluation reserves

 

 

 

. Legal reserve

 

152.056

149.439

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

-2

568.393

518.669

. Accumulated Profits (Losses)

 

 

 

. Profit( loss) of the year

-1.207.812

-10.992.644

52.341

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

1.792.186

-7.272.195

3.720.449

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

 

 

 

. . Other funds

7.716.750

7.625.000

 

Total Reserves for Risks and Charges

7.716.750

7.625.000

 

Employee termination indemnities

35.041

42.841

27.312

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

19.545.001

45.147.799

44.665.889

. . . . Beyond 12 months

10.158.000

 

 

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

2.554.014

2.985.689

4.536.362

. . . . Within 12 months

2.554.014

2.985.689

4.536.362

. . . . Beyond 12 months

 

 

 

. . Due to other providers of finance

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Advances from customers

1.454.000

 

3.600

. . . . Within 12 months

1.454.000

 

3.600

. . . . Beyond 12 months

 

 

 

. . Trade payables

10.617.918

11.336.820

11.568.250

. . . . Within 12 months

459.918

11.336.820

11.568.250

. . . . Beyond 12 months

10.158.000

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

12.864.938

25.504.327

23.218.386

. . . . Within 12 months

12.864.938

25.504.327

23.218.386

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

6.277

9.157

15.428

. . . . Within 12 months

6.277

9.157

15.428

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

7.067

11.178

10.965

. . . . Within 12 months

7.067

11.178

10.965

. . . . Beyond 12 months

 

 

 

. . Other payables

2.198.787

5.300.628

5.312.898

. . . . Within 12 months

2.198.787

5.300.628

5.312.898

. . . . Beyond 12 months

 

 

 

Total accounts payable

29.703.001

45.147.799

44.665.889

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

9.137

33.515

101.026

Total adjustment accounts

9.137

33.515

101.026

TOTAL LIABILITIES

39.256.115

45.576.960

48.514.676

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

441.645

188.586

14.364.035

. Changes in work in progress

 

 

 

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

 

 

 

. Other income and revenues

49.286

12.013

16.380

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

49.286

12.013

16.380

Total value of production

490.931

200.599

14.380.415

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

323.038

7.890.156

14.372.863

. Services received

660.910

1.367.848

2.751.161

. Leases and rentals

475.970

372.606

330.497

. Payroll and related costs

235.297

288.983

302.415

. . Wages and salaries

173.583

212.305

224.864

. . Social security contributions

50.235

61.082

62.953

. . Employee termination indemnities

11.479

15.596

14.598

. . Pension and similar

 

 

 

. . Other costs

 

 

 

. Amortization and depreciation

439.125

273.653

232.405

. . Amortization of intangible fixed assets

26.314

26.084

25.373

. . Amortization of tangible fixed assets

202.151

195.892

131.677

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

210.660

51.677

75.355

. Changes in raw materials

-434.886

-7.843.397

-4.872.074

. Provisions to risk reserves

229.030

7.625.000

 

. Other provisions

 

 

 

. Other operating costs

186.343

59.911

142.996

Total production costs

2.114.827

10.034.760

13.260.263

Diff. between value and cost of product.

-1.623.896

-9.834.161

1.120.152

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

25.022

68.838

128.889

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

 

 

 

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-804.341

-820.064

-1.079.874

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

 

Total financial income and expense

-779.319

-751.226

-950.985

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

 

 

 

. . Of equity investments

 

 

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

 

 

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

1.223.598

20.780

35.004

. . Gains on disposals

 

 

 

. . Other extraordinary income

1.223.598

20.780

35.004

. Extraordinary expense

-13.950

-428.037

 

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

-424.893

 

. . Other extraordinary expense

-13.950

-3.144

 

Total extraordinary income and expense

1.209.648

-407.257

35.004

Results before income taxes

-1.193.567

-10.992.644

204.171

. Taxes on current income

14.245

 

151.830

. . current taxes

14.245

 

151.830

. . differed taxes(anticip.)

 

 

 

. Net income for the period

-1.207.812

-10.992.644

52.341

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

-1.207.812

-10.992.644

52.341

 

RATIOS

Value Type

as at 31/12/2010

as at 31/12/2009

as at 31/12/2008

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,12

0,09

0,09

0,10

Elasticity Ratio

Units

0,88

0,91

0,91

0,87

Availability of stock

Units

0,77

0,65

0,52

0,21

Total Liquidity Ratio

Units

0,11

0,25

0,39

0,61

Quick Ratio

Units

0,03

0,00

0,05

0,03

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

10,32

n.c.

11,41

4,04

Self Financing Ratio

Units

0,05

n.c.

0,08

0,16

Capital protection Ratio

Units

0,00

n.c.

0,18

0,59

Liabilities consolidation quotient

Units

0,52

0,00

0,00

0,11

Financing

Units

16,57

n.c.

12,01

4,85

Permanent Indebtedness Ratio

Units

0,31

n.c.

0,08

0,26

M/L term Debts Ratio

Units

0,26

0,00

0,00

0,07

Net Financial Indebtedness Ratio

Units

0,84

n.c.

0,63

1,01

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

2,53

n.c.

0,84

2,12

Current ratio

Units

1,76

0,91

0,98

1,16

Acid Test Ratio-Liquidity Ratio

Units

0,22

0,26

0,42

0,88

Structure's primary quotient

Units

0,38

n.c.

0,83

1,40

Treasury's primary quotient

Units

0,05

0,00

0,05

0,04

Rate of indebtedness ( Leverage )

%

2190,40

n.c.

1304,00

620,22

Current Capital ( net )

Value

14.943.991

-3.891.266

-684.524

131.414

RETURN

 

 

 

 

 

Return on Sales

%

-174,05

-5683,87

1,98

2,27

Return on Equity - Net- ( R.O.E. )

%

-67,39

n.c.

1,41

6,70

Return on Equity - Gross - ( R.O.E. )

%

-66,60

n.c.

5,49

18,85

Return on Investment ( R.O.I. )

%

-4,14

-21,58

2,31

4,76

Return/ Sales

%

-367,69

-5214,68

7,80

3,70

Extra Management revenues/charges incid.

%

n.c.

n.c.

4,67

28,15

Cash Flow

Value

-768.687

-10.718.991

284.746

39.655

Operating Profit

Value

-1.623.896

-9.834.161

1.120.152

63.123

Gross Operating Margin

Value

-955.741

-1.935.508

1.352.557

99.042

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

1571,87

19557,11

373,74

119,16

Debts to suppliers average term

Days

5790,62

1377,15

717,48

116,83

Average stock waiting period

Days

24573,54

56718,01

633,08

58,39

Rate of capital employed return ( Turnover )

Units

0,01

0,00

0,30

1,36

Rate of stock return

Units

0,01

0,01

0,57

6,14

Labour cost incidence

%

53,28

153,24

2,11

8,98

Net financial revenues/ charges incidence

%

-176,46

-398,35

-6,62

-1,08

Labour cost on purchasing expenses

%

11,13

2,88

2,28

8,98

Short-term financing charges

%

2,71

1,82

2,42

2,60

Capital on hand

%

8888,61

24167,73

337,75

73,17

Sales pro employee

Value

88.329

26.940

18.045

394.001

Labour cost pro employee

Value

47.059

41.283

379

34.340

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.80

UK Pound

1

Rs.87.66

Euro

1

Rs.68.45

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

 

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.