MIRA
INFORM REPORT
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Report Date : |
13.08.2012 |
IDENTIFICATION DETAILS
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Name : |
DILLINGER - GTS VENTES |
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Registered Office : |
39, Rue Louis Blanc, 39 A 41, Courbevoie, 92400 |
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Country : |
France |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
15.12.1999 |
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Com. Reg. No.: |
428868343 |
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Legal Form : |
Public Independent |
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Line of Business : |
Wholesale of Ferrous and Non-Ferrous Metal Ores |
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No. of Employees : |
21 |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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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France |
A1 |
A1 |
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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 and address
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Dillinger - Gts Ventes |
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Employees: |
21 |
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Company Type: |
Public Independent |
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Incorporation
Date: |
15-Dec-1999 |
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Fiscal Year End: |
31-Dec-2010 |
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Reporting
Currency: |
Euro |
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Annual Sales: |
7.6 |
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Total Assets: |
44.0 |
Business Description
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Dillinger - Gts Ventes is primarily engaged in wholesale of ferrous
and non-ferrous metal ores; wholesale of ferrous and non-ferrous metals in
primary forms; wholesale of ferrous and non-ferrous semi-finished metal
products not elsewhere classified; and wholesale of gold and other precious
metals. |
Industry
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Industry |
Miscellaneous Capital Goods |
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ANZSIC 2006: |
3322 - Metal and Mineral Wholesaling |
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NACE 2002: |
5152 - Wholesale of metals and ores |
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NAICS 2002: |
423520 - Coal and Other Mineral and Ore
Merchant Wholesalers |
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UK SIC 2003: |
5152 - Wholesale of metals and ores |
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US SIC 1987: |
5051 - Metals Service Centers and Offices |
Key Executives
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Registered No.(FRA)
428868343
- Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR
0.7454064
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Annual Profit & Loss
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
No |
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Total income |
7.7 |
7.7 |
9.1 |
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Net sales |
7.6 |
7.6 |
9.0 |
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Supplementary operating income |
0.1 |
0.1 |
0.1 |
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Other operating income |
0.0 |
0.0 |
0.0 |
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Other external charges |
5.0 |
5.1 |
6.4 |
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Cost of goods sold |
0.2 |
0.1 |
0.4 |
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Taxes and social security costs |
0.1 |
0.1 |
0.1 |
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Social charges |
0.6 |
0.6 |
0.6 |
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Total payroll costs |
1.2 |
1.5 |
1.5 |
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Cost of stock depreciation and amortisation |
0.4 |
0.1 |
0.1 |
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Fixed asset depreciation and amortisation |
0.0 |
0.0 |
0.0 |
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Other operating costs |
0.0 |
0.0 |
0.0 |
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Total operating costs |
7.5 |
7.5 |
9.1 |
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Net operating income |
0.2 |
0.2 |
- |
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Total financial income |
0.0 |
0.0 |
0.1 |
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Other expenses |
0.0 |
- |
- |
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Total expenses |
0.0 |
- |
- |
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Profit before tax |
0.2 |
0.2 |
0.1 |
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Total taxation |
0.2 |
0.1 |
0.0 |
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Net profit |
0.0 |
0.1 |
0.1 |
Annual Balance Sheet
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Financials in:
USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Issued capital |
0.9 |
1.0 |
1.0 |
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Share premium account |
0.6 |
0.6 |
0.6 |
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Total reserves |
0.0 |
0.0 |
0.0 |
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Profits for the year |
0.0 |
0.1 |
0.1 |
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Profit brought forward from previous year(s) |
0.3 |
0.3 |
0.3 |
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Total stockholders equity |
1.9 |
2.1 |
2.0 |
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Provisions and allowances |
1.7 |
1.5 |
1.4 |
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Trade creditors |
0.5 |
0.4 |
0.7 |
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Other liabilities |
39.0 |
39.5 |
64.3 |
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Taxation and social security |
0.9 |
0.9 |
1.4 |
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Total current liabilities |
40.4 |
40.8 |
- |
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Total debts |
40.4 |
40.8 |
66.4 |
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Total liabilities (including net worth) |
44.0 |
44.4 |
69.8 |
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Goodwill |
1.4 |
1.5 |
1.5 |
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Other fixed assets |
0.0 |
0.0 |
0.0 |
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Other financial assets |
0.0 |
0.0 |
0.0 |
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Total non-current assets |
1.5 |
1.5 |
1.5 |
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Trade debtors |
1.2 |
1.0 |
2.8 |
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Other receivables |
33.0 |
35.4 |
62.7 |
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Cash and liquid assets |
0.7 |
2.3 |
1.9 |
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Marketable securities |
7.6 |
4.1 |
0.9 |
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Total current assets |
42.5 |
42.8 |
68.3 |
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Total assets |
44.0 |
44.4 |
69.8 |
Annual Ratios
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Financials in:
USD (mil) |
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Current ratio |
1.10 |
1.10 |
- |
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Quick ratio |
1.10 |
1.10 |
- |
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Total liabilities to net worth |
91.32% |
69.91% |
123.90% |
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Net worth to total assets |
0.01% |
0.01% |
0.01% |
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Collection period |
47.50 |
38.70 |
99.70 |
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Asset turnover |
0.18% |
0.18% |
0.12% |
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Profit margin |
0.02% |
0.03% |
0.02% |
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Return on assets |
0.00% |
0.01% |
0.00% |
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Shareholders' return |
0.41% |
0.37% |
0.24% |
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Sales per employee |
1,975.53 |
1,707.70 |
1,921.16 |
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Profit per employee |
46.17 |
46.84 |
28.42 |
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Average wage per employee |
318.38 |
333.51 |
318.17 |
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Net worth |
1.9 |
2.1 |
2.0 |
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Number of employees |
19 |
21 |
21 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.34 |
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1 |
Rs.86.45 |
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Euro |
1 |
Rs.68.04 |
INFORMATION DETAILS
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Report Prepared
by : |
PDT |
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 |
-- |
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.