MIRA INFORM REPORT

 

 

Report Date :

21.08.2012

 

IDENTIFICATION DETAILS

 

Name :

SCRIBANANOTECNOLOGIES.R.L.

 

 

Registered Office :

Via PieroGobetti, 52/3,

40100 – Bologna (BO)             

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

14.03.2005

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Broker of electronic products

 

 

No. of Employees :

01 to 05 employees

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Slow but Correct

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 & address 

 

ScribaNanotecnologieS.r.l.

 

Via PieroGobetti, 52/3

 

40100 - Bologna (BO) -IT-

 

 

Summary

 

Fiscal Code

:

02542781204

Legal Form

:

Limited liability company

start of Activities

:

01/10/2006

Equity

:

400.000

Turnover Range

:

250.000/375.000

Number of Employees

:

from 1 to 5

 

 

Highlights

 

SCRIBA Nanotecnologie develops identification, anti-counterfaction, security and

 

health products based on nanotechnologies.

 

It is a spin-off company from the National Research Council - ISMN Bologna.

 

It is owned by 3 senior nanotecnologists and IMA SpA, the leading company

 

in the field of pharmaceutical packaging.

 

Scriba has fully developed the tagging system NU-CODE™ that allows the

 

permanent recording of digital data, on specially modified holograms.

 

Digital data recorded on the EN-TAG™ can be easily read either by commercial digital

 

cameras or custom designed cameras. NU-CODE™ is the proper tool to implement the

 

RESPONSIBLE PACKAGING criteria for pharmaceutical products.

 

The activity started steam ahead in the last 4 months of 2006.

 

Works were started that were invoiced in the following year. This explains the

 

scanty sales in 2006.

 

The company is rated trustworthy.



Activity

 

Broker of electronic products

SCIENTIFIC RESEARCH AND DEVELOPMENT

Legal Data

 

Legal Form : Limited liability company

Fiscal Code : 02542781204

 

Chamber of Commerce no. : 447542 of since 18/03/2005

 

V.A.T. Code : 02542781204

 

Foundation date

: 14/03/2005

Establishment date

: 14/03/2005

Start of Activities

: 01/10/2006

Legal duration

: 31/12/2050

Nominal Capital

: 25.555

 

Subscribed Capital

: 25.555

 

Paid up Capital

: 25.555

 



Members

 

 

Biscarini

Fabio

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Born in Perugia

(PG)

on 15/04/1962

- Fiscal Code : BSCFBA62D15G478D

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Residence:

 

Brunelli

, 4

- 40135

Bologna

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

31/08/2009

 

 

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

No Protests registered

 

 

Ragazzini

Pierantonio

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Born in Forli'

(FO)

on 26/04/1954

- Fiscal Code : RGZPNT54D26D704F

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Residence:

 

Pallotta

, 26

- 47100

Forli'

(FO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

31/08/2009

 

 

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

No Protests registered

 

 

Bugamelli

Fabrizio

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Born in Castiglione deiPepoli

(BO)

on 06/11/1969

- Fiscal Code : BGMFRZ69S06C296O

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Residence:

 

Iotti

, 52

- 40056

Crespellano

(BO)

- IT -

 

Position

Since

Shares Amount

% Ownership

Director

31/08/2009

 

 

Board Chairman

31/08/2009

 

 

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

No Prejudicial events are reported

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

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

I.m.a. IndustriaMacchineAutomatiche S. p.a. In SiglaImaS.p.a.

Ozzanodell'Emilia - IT -

00307140376

6.364 .Eur

24,90

Biscarini Fabio

Bologna - IT -

BSCFBA62D15G478D

9.933 .Eur

38,87

CavalliniMassimiliano

 

CVLMSM67B19H980R

9.258 .Eur

36,23



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:

 

-

Legal and operative seat

(Office)

 

 

 

 

 

 

PieroGobetti

, 52/3

- 40100

- Bologna

(BO)

- IT -

 

 

 

 

PHONE

: 0514200332

 

 

 

 

FAX

: 0514200317

 

 

 

 

Email

: info@scriba-nanotec.com

 

 

 

 

Employees

: 1

 

Fittings and Equipment for a value of 2.000

Eur

 

Stocks for a value of 18.000

Eur

 

 

 

Historical Information and/or Firm's Status

 

EX-MEMBERS / EX-POSITIONS:

 

 

Biscarini

Fabio

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Born in Perugia

(PG)

on 15/04/1962

- Fiscal Code : BSCFBA62D15G478D

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Residence:

 

Brunelli

, 4

- 40135

Bologna

(BO)

- IT -

 

Ex-Postions

Board Chairman

 

 

Matacotta

Francesco Cino

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Born in Ancona

(AN)

on 17/02/1956

- Fiscal Code : MTCFNC56B17A271O

 

C:\Users\w7\AppData\Local\Temp\Rar$EX00.295\Vuoto.gif

 

Residence:

 

La Tinta

, 23

- 56100

Pisa

(PI)

- IT -

 

Ex-Postions

Director

Managing Director



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 and Economical Analysis

 

Company's starting of activities dates back to 2006.

The analysis is based on the latest 3 balance sheets.

Unstable economic results mark the company's financial state of affairs. yet with a positive result in the 2011 (r.o.e. 0,23%).

The operating result was positive in the last financial year (1,21%) and reflects the field's average.

An operating result of Eur. 6.311 has been registered. increasing if compared to the yeart 2010.

The economic management produced a gross operating margin of Eur. 34.579 with no sensible increase as against 2010.

The company has an excellent net worth if compared to its debts, with a low indebtedness (0,61) increasing compared to last year (0,32)

The management generated equity capital for an amount of Eur. 323.244 on the same levels as the year before.

Total debts (both short and M/L term) equals Eur. 197.284, , showing an upward trend if compared to 2010.

The company does not exceed in bank borrowings; the recourse to suppliers' credit is also limited below the sector's average.

Payments are supported by good current assets.

Trade credits are collected slowly, average term is 188,14 days. but in line with the sector.

Eur. 29.022 is the value of cash flow during the year 2011

The incidence percentage of financial charges on sales volume is equal to -1,79%.


Financial Data

 

 

Complete balance-sheet for the year

31/12/2011

(in Eur

x 1)

 

Item Type

Value

Sales

368.664

Profit (Loss) for the period

754

 

 

 

Complete balance-sheet for the year

31/12/2010

(in Eur

x 1)

 

Item Type

Value

Sales

367.785

Profit (Loss) for the period

-9.191

 

 

 

Complete balance-sheet for the year

31/12/2009

(in Eur

x 1)

 

Item Type

Value

Sales

372.610

Profit (Loss) for the period

-13.391

 

 

 

Complete balance-sheet for the year

31/12/2008

(in Eur

x 1)

 

Item Type

Value

Sales

586.086

Profit (Loss) for the period

-6.666

 

 

 

Complete balance-sheet for the year

31/12/2007

(in Eur

x 1)

 

Item Type

Value

Sales

461.764

Profit (Loss) for the period

-9.479





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 31/12/2011 - 12 Mesi - Currency: - Amounts x 1

 

- 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

 

Years

2011

2010

2009

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

 

2.426

4.148

. . Research,develop. andadvert.expens.

 

 

 

. . Industrial patent rights

 

255.080

263.245

. . Concessions,licenses,trademarks,etc.

 

7.760

9.920

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

 

 

 

. Total Intangible Fixed Assets

257.444

265.266

277.313

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

 

 

 

. . Plant and machinery

 

 

 

. . Industrial and commercial equipment

 

 

 

. . Other assets

 

 

 

. . Assets under construction and advances

 

 

 

. Total Tangible fixed assets

29.262

37.438

45.623

. 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

11.410

2.800

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

11.410

 

 

. . . 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

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

11.410

2.800

 

Total fixed assets

298.116

305.504

322.936

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

 

 

 

. . Work in progress and semimanufactured

 

 

 

. . Work in progress on order

 

 

 

. . Finished goods

 

 

 

. . Advance payments

 

 

 

. Total Inventories

17.941

25.630

25.630

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

203.528

92.911

132.654

. . Beyond 12 months

 

 

 

. . Trade receivables

192.669

85.149

99.227

. . . . Within 12 months

192.669

85.149

99.227

. . . . Beyond 12 months

 

 

 

. . 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

10.599

7.716

33.084

. . . . Within 12 months

10.599

7.716

33.084

. . . . Beyond 12 months

 

 

 

. . Receivables for anticipated taxes

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

260

46

343

. . . . Within 12 months

260

46

343

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

203.528

92.911

132.654

. 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

 

 

 

. Total Financial Assets

 

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

 

 

 

. . Checks

 

 

 

. . Banknotes and coins

 

 

 

. Total Liquid funds

24

469

41.113

Total current assets

221.493

119.010

199.397

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

919

1.162

727

Total adjustments accounts

919

1.162

727

TOTAL ASSETS

520.528

425.676

523.060

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

25.556

25.556

25.556

. Additional paid-in capital

296.935

306.126

319.516

. Revaluation reserves

 

 

 

. Legal reserve

 

 

 

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

-1

 

3

. Accumulated Profits (Losses)

 

 

 

. Profit( loss) of the year

754

-9.191

-13.391

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

323.244

322.491

331.684

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

 

 

 

. . Other funds

 

 

 

Total Reserves for Risks and Charges

 

 

 

Employee termination indemnities

 

 

 

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

197.284

103.185

80.755

. . . . Beyond 12 months

 

 

 

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

14.362

17.801

 

. . . . Within 12 months

14.362

17.801

 

. . . . Beyond 12 months

 

 

 

. . Due to banks

73.823

4.535

 

. . . . Within 12 months

73.823

4.535

 

. . . . Beyond 12 months

 

 

 

. . Due to other providers of finance

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Advances from customers

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Trade payables

30.033

29.309

41.934

. . . . Within 12 months

30.033

29.309

41.934

. . . . Beyond 12 months

 

 

 

. . 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

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

8.073

13.527

15.659

. . . . Within 12 months

8.073

13.527

15.659

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

6.921

7.884

3.590

. . . . Within 12 months

6.921

7.884

3.590

. . . . Beyond 12 months

 

 

 

. . Other payables

64.072

30.129

19.572

. . . . Within 12 months

64.072

30.129

19.572

. . . . Beyond 12 months

 

 

 

Total accounts payable

197.284

103.185

80.755

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

 

 

110.621

Total adjustment accounts

 

 

110.621

TOTAL LIABILITIES

520.528

425.676

523.060

 

 

 

 

 

 

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

368.664

367.785

372.610

. Changes in work in progress

17.941

 

 

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

 

 

 

. Other income and revenues

171

3.307

26.872

. . Contributions for operating expenses

 

 

 

. . Different income and revenues

171

3.307

26.872

Total value of production

386.776

371.092

399.482

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

7.833

16.962

7.746

. Services received

282.804

280.327

312.804

. Leases and rentals

30.102

23.250

27.545

. Payroll and related costs

 

 

 

. . Wages and salaries

 

 

 

. . Social security contributions

 

 

 

. . Employee termination indemnities

 

 

 

. . Pension and similar

 

 

 

. . Other costs

 

 

 

. Amortization and depreciation

28.268

28.313

19.226

. . Amortization of intangible fixed assets

19.738

19.644

19.226

. . Amortization of tangible fixed assets

8.530

8.669

 

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

 

 

 

. Changes in raw materials

25.630

 

 

. Provisions to risk reserves

 

 

 

. Other provisions

 

 

 

. Other operating costs

5.828

20.334

33.086

Total production costs

380.465

369.186

400.407

Diff. between value and cost of product.

6.311

1.906

-925

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

59

19

819

. . 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

 

19

819

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-6.643

-1.206

-3.432

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

 

Total financial income and expense

-6.584

-1.187

-2.613

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

4.028

 

 

. . Gains on disposals

 

 

 

. . Other extraordinary income

4.028

 

 

. Extraordinary expense

-2.888

-1.404

-1.447

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

-2.888

-1.404

-1.447

Total extraordinary income and expense

1.140

-1.404

-1.447

Results before income taxes

867

-685

-4.985

. Taxes on current income

113

8.506

8.406

. . current taxes

113

8.506

8.406

. . differed taxes(anticip.)

 

 

 

. Net income for the period

754

-9.191

-13.391

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

754

-9.191

-13.391

 

RATIOS

Value Type

as at 31/12/2011

as at 31/12/2010

as at 31/12/2009

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,57

0,72

0,62

0,29

Elasticity Ratio

Units

0,43

0,28

0,38

0,52

Availability of stock

Units

0,03

0,06

0,05

0,02

Total Liquidity Ratio

Units

0,39

0,22

0,33

0,56

Quick Ratio

Units

0,00

0,00

0,08

0,04

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

0,61

0,32

0,12

2,09

Self Financing Ratio

Units

0,62

0,76

0,63

0,17

Capital protection Ratio

Units

0,92

0,95

0,96

0,60

Liabilities consolidation quotient

Units

n.c.

n.c.

n.c.

0,13

Financing

Units

0,61

0,32

0,24

2,60

Permanent Indebtedness Ratio

Units

0,62

0,76

0,63

0,28

M/L term Debts Ratio

Units

n.c.

n.c.

n.c.

0,07

Net Financial Indebtedness Ratio

Units

0,27

0,07

0,00

0,29

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

1,08

1,06

1,03

0,82

Current ratio

Units

1,12

1,15

2,47

1,01

Acid Test Ratio-Liquidity Ratio

Units

1,03

0,90

2,15

0,79

Structure's primary quotient

Units

1,08

1,06

1,03

0,52

Treasury's primary quotient

Units

0,00

0,00

0,51

0,07

Rate of indebtedness ( Leverage )

%

161,03

132,00

157,70

445,44

Current Capital ( net )

Value

24.209

15.825

118.642

-12.096

RETURN

 

 

 

 

 

Return on Sales

%

7,87

5,20

1,57

6,78

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

%

0,23

-2,85

-4,04

8,61

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

%

0,27

-0,21

-1,50

24,12

Return on Investment ( R.O.I. )

%

1,21

0,45

-0,18

4,21

Return/ Sales

%

1,71

0,52

-0,25

6,72

Extra Management revenues/charges incid.

%

11,95

-482,21

n.c.

42,10

Cash Flow

Value

29.022

19.122

5.835

70.546

Operating Profit

Value

6.311

1.906

-925

27.749

Gross Operating Margin

Value

34.579

30.219

18.301

113.772

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

188,14

83,35

95,87

193,55

Debts to suppliers average term

Days

33,71

32,92

43,37

116,44

Average stock waiting period

Days

17,52

25,09

24,76

37,22

Rate of capital employed return ( Turnover )

Units

0,71

0,86

0,71

1,12

Rate of stock return

Units

20,55

14,35

14,54

8,80

Labour cost incidence

%

n.c.

n.c.

n.c.

11,61

Net financial revenues/ charges incidence

%

-1,79

-0,32

-0,70

-0,59

Labour cost on purchasing expenses

%

n.c.

n.c.

n.c.

16,44

Short-term financing charges

%

3,37

1,17

4,25

0,95

Capital on hand

%

141,19

115,74

140,38

106,51

Sales pro employee

Value

 

 

 

167.066

Labour cost pro employee

Value

 

 

 

37.185

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.70

UK Pound

1

Rs.87.55

Euro

1

Rs.68.85

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.