MIRA
INFORM REPORT
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Report Date : |
04.08.2012 |
IDENTIFICATION DETAILS
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Name : |
COTO C.I.C.S.A. |
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Registered Office : |
Paysanduº 1842, Buenos Aires, C1416CDP |
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Country : |
Argentina |
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Year of Establishment : |
1970 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Meat packing and processing |
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No. of Employees : |
15,162 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made on
e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Argentina |
B1 |
B1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Coto C.I.C.S.A.
Paysanduº 1842
Buenos Aires, C1416CDP
Argentina
Tel: 54 (11) 4586 7777
Fax: 54 (11) 4584 0237
Web: www.coto.com.ar
Synthesis
Employees: 15,162
Company Type: Private
Subsidiary
Corporate Family: 3
Companies
Ultimate Parent: Inversora Coto S.A.
Incorporation Date: 1970
Financials in: USD
(Millions)
Reporting Currency:
Argentine Peso
Annual Sales: 1,447.0
Total Assets: NA
Business Description
Meat packing and processing
Industry
Industry Food Processing
ANZSIC 2006: 1111 - Meat
Processing
NACE 2002: 1511 - Production
and preserving of meat
NAICS 2002: 311611 - Animal
(except Poultry) Slaughtering
UK SIC 2003: 1511 - Production
and preserving of meat
US SIC 1987: 2011 - Meat
Packing Plants
Key Executives
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Name |
Title |
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Alejandro Vivanco |
C.E.O. |
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Guillermo Ananos |
Development Manager |
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Daniel PadÃn |
Director de Sistemas |
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Diego Alfieri |
Gerente de Calidad, Seguridad |
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Gustavo Castro |
Encargado de Liquidaciones |
1 - Profit & Loss Item Exchange Rate: USD 1 = ARS 4.317857
2 - Balance Sheet Item Exchange Rate: USD 1 = ARS 4.542
Corporate Overview
Location
Paysanduº 1842
Buenos Aires, C1416CDP
Argentina
Tel: 54 (11) 4586 7777
Fax: 54 (11) 4584 0237
Web: www.coto.com.ar
Sales ARS(mil): 6,247.8
Assets ARS(mil): NA
Employees: 15,162
Industry: Food
Processing
Incorporation Date: 1970
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
C.E.O.: Alejandro
Vivanco
Contents
Industry Codes
Business Description
Financial Data
Industry Codes
ANZSIC 2006 Codes:
1111 - Meat Processing
NACE 2002 Codes:
1511 - Production and preserving of meat
NAICS 2002 Codes:
311611 - Animal (except Poultry) Slaughtering
US SIC 1987:
2011 - Meat Packing Plants
UK SIC 2003:
1511 - Production and preserving of meat
Business
Description
Meat packing and processing
More Business
Descriptions
Retail Supermarket
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Corporate
Family |
Corporate
Structure News: |
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Coto
C.I.C.S.A. |
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Coto C.I.C.S.A. |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Inversora Coto S.A. |
Parent |
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Coto Centro Integral De Comercializacion
S.A. |
Subsidiary |
Ciudad De Buenos Aires |
Argentina |
Retail (Grocery) |
2,047.4 |
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Coto C.I.C.S.A. |
Subsidiary |
Buenos Aires |
Argentina |
Food Processing |
1,447.0 |
15,162 |
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Executive report
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Board of
Directors |
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Chairman |
Chairman |
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Executives |
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C.E.O. |
Chief Executive Officer |
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Encargado de Liquidaciones |
Human Resources Executive |
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Gerente de Recursos Humanos |
Human Resources Executive |
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Corporate Affairs Manager |
Public Relations Executive |
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Encargada de Publicidad |
Public Relations Executive |
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Director de Sistemas |
Information Executive |
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Director Comercial |
Commercial Executive |
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Development Manager |
Planning Executive |
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Gerente de Calidad, Seguridad |
Quality Executive |
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Vicepresidente |
Other |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.56.08 |
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UK Pound |
1 |
Rs.87.03 |
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Euro |
1 |
Rs.68.36 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history (10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.