MIRA
INFORM REPORT
|
Report Date : |
04.12.2012 |
IDENTIFICATION DETAILS
|
Name : |
AGRARIA INDUSTRIA E COMERCIO LTDA. |
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Formerly Known As : |
AGRARIA - COMERCIO E REPRESENTAÇÕES LTDA |
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Registered Office : |
Rua Dr. Arthur Costa Curta, 500 - Area Industrial, Zip Cdoe 14680-000 - Jardinópolis/Sp |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
07.11.1978 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Industrialization and sale of products for husbandry as well as for the sugar-alcohol and paper and cellulose segments. |
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No. of Employees : |
164 employees |
RATING & COMMENTS
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2012) |
Current Rating (30.06.2012) |
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A2 |
A2 |
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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 |
Characterized by large and well-developed agricultural, mining,
manufacturing, and service sectors, Brazil's economy outweighs that of all other
South American countries, and Brazil is expanding its presence in world
markets. Since 2003, Brazil has steadily improved its macroeconomic stability,
building up foreign reserves, and reducing its debt profile by shifting its
debt burden toward real denominated and domestically held instruments. In 2008,
Brazil became a net external creditor and two ratings agencies awarded
investment grade status to its debt. After strong growth in 2007 and 2008, the
onset of the global financial crisis hit Brazil in 2008. Brazil experienced two
quarters of recession, as global demand for Brazil's commodity-based exports
dwindled and external credit dried up. However, Brazil was one of the first
emerging markets to begin a recovery. In 2010, consumer and investor confidence
revived and GDP growth reached 7.5%, the highest growth rate in the past 25
years. Rising inflation led the authorities to take measures to cool the
economy; these actions and the deteriorating international economic situation
slowed growth to 2.7% for 2011 as a whole, though forecasts for 2012 growth are
somewhat higher. Despite slower growth in 2011, Brazil overtook the United
Kingdom as the world's seventh largest economy in terms of GDP. Urban
unemployment is at the historic low of 4.7% (December 2011), and Brazil's
traditionally high level of income equality has declined for each of the last
12 years. Brazil's high interest rates make it an attractive destination for
foreign investors. Large capital inflows over the past several years have contributed
to the appreciation of the currency, hurting the competitiveness of Brazilian
manufacturing and leading the government to intervene in foreign exchanges
markets and raise taxes on some foreign capital inflows. President Dilma
ROUSSEFF has retained the previous administration's commitment to inflation
targeting by the central bank, a floating exchange rate, and fiscal restraint.
|
Source : CIA |
Company name
AGRARIA INDUSTRIA
E COMERCIO LTDA.
company ADDRESSES
|
MAIN ADDRESS: |
RUA DR. ARTHUR COSTA CURTA, 500 - AREA INDUSTRIAL |
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ZIP CODE/CITY: |
14680-000 - JARDINÓPOLIS/SP |
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PHONE: |
16 3690-2200 |
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FAX: |
16 3690-2228 |
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E-MAIL: |
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WEB SITE: |
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BRANCHES: |
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ADDRESS: |
RUA DOMICIANO LEITE DE ASSIS, 411 - LOT. INDL ADIB RASSI |
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ZIP CODE/CITY: |
14680-000 JARDINÓPOLIS/SP |
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CNPJ: |
50.423.383/0005-02 |
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STATE REGISTER: |
399.021.470.116 |
LEGAL DATA
|
MAIN ACTIVITIES: |
|
INDUSTRIALIZATION AND SALE OF PRODUCTS FOR HUSBANDRY AS WELL AS FOR
THE SUGAR-ALCOHOL AND PAPER AND CELLULOSE SEGMENTS. |
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LEGAL FORM: |
LIMITED
LIABILITY COMPANY |
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INCORPORATION DATE: |
07/11/1978 |
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REGISTER DATE: |
21/11/1978 |
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BALANCE SHEET FILING DATE: |
31/12 |
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TAX CONTRIBUTOR NUMBER(CNPJ): |
50.423.383/0001-89 |
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STATE REGISTER: |
399.006.843-112 |
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SHARE CAPITAL: |
R$ 1.100.000,00 |
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LAST REGISTER OF CAPITAL: |
13/10/2003 |
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BOARD OF
DIRECTORS: |
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OLIVEIROS PEREIRA DE MIRANDA FILHO |
MANAGER |
|
LUPÉRCIO PEDRO FICOTO |
MANAGER |
AUTHORIZED USE OF SIGNATURE
|
THE MANAGERS ARE AUTHORIZED TO SIGN ON BEHALF OF THE COMPANY. |
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SHAREHOLDERS /
PARTNERS: |
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|
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OLIVEIROS PEREIRA DE MIRANDA FILHO |
50% |
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LUPÉRCIO PEDRO FICOTO |
50% |
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AFFILIATES /
SUBSIDIARIES: |
|
|
A SCAN THROUGH OUTSIDE
SOURCES SHOWED THE SUBJECT AND/OR PARTNERS HAVE THE FOLLOWING UNCONFIRMED
HOLDINGS: |
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BIOSON ORGANICS LTDA |
|
|
PROMAR - PROJETO MARCENARIA DA MUSICA DE JARDINOPOLIS - SP |
|
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OM3 - GESTAO DE INFORMACAO LTDA. |
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COMPANY'S BACKGROUND
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THE SUBJECT WAS ESTABLISHED ON NOVEMBER 07, 1978 AS AGRARIA - COMERCIO
E REPRESENTAÇÕES LTDA TO BE ENGAGED IN THE SAID LINE OF BUSINESS. ON JUNE 15,
1981 IT ADOPTED THE ABOVE-MENTIONED NAME AND UP TO DATE IT IS STILL OPERATING
WITHIN THE GENERAL SCENE REPORTED HEREIN. PARTNERS: OLIVEIROS PEREIRA DE MIRANDA FILHO: BRAZILIAN, MARRIED, HOLDER OF
DOCUMENTS CPF 980.718.668/49, RG 5.393.962 SSP/SP, RESIDENTIAL ADDRESS AT RUA
TONICO SAID 280, SÃO PAULO/SP. LUPÉRCIO PEDRO FICOTO: BRAZILIAN, DIVORCED, HOLDER OF DOCUMENTS CPF
980.695.358/49, RG 5.380.544-6 SSP/SP, RESIDENTIAL ADDRESS AT AV. ANHANGUERA
97, RIBEIRÃO PRETO/SP. FURTHER DETAILS ARE SO FAR NOT KNOWN. REMARKS: -------- WHEN INTERVIEWED SOURCES AT THE SUBJECT STATED THAT ARE STILL WAITING
FOR AUTHORIZATION FROM THE PRINCIPALS TO PROVIDE THE DATA NECESSARY TO
COMPLETE THIS REPORT. A REQUEST FOR FURTHER DATA HAS BEEN SENT TO THE COMPANY. PROVIDED THE
DATA REQUESTED ARE RECEIVED FROM THE SUBJECT A COMPLEMENTARY REPORT WILL BE
SENT TO YOUR ATTENTION. THE DATA CONTAINED HEREIN WERE OBTAINED FROM OUTSIDE SOURCES, OUR
DATABASE AND OFFICIAL. NO FURTHER DATA WAS AVAILABLE WITH SEVERAL SOURCES
USUALLY INVESTIGATED. |
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PUBLIC INFORMATION: |
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LAWSUITS: |
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DATE: |
COURT OF LAW: |
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1 |
FEDERAL LAWSUIT |
14/06/10 |
2ª. VARA DE SP-JARDINÓPOLIS |
FINANCIAL INFORMATION
|
GENERAL BALANCE SHEETS AS OF 31/12/2010 AND 31/12/2009. |
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( FIGURES ARE IN REAIS ). |
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ASSETS |
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CURRENT: |
31/12/2010 |
31/12/2009 |
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|
|
|
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CASH AND BANKS |
376.570,00 |
938.137,00 |
|
|
CLIENTS |
6.081.413,00 |
3.653.675,00 |
|
|
INVENTORY |
8.189.921,00 |
5.448.905,00 |
|
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NOTES RECEIVABLE |
786.308,00 |
1.701.525,00 |
|
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INVESTMENTS |
503.983,00 |
216.941,00 |
|
|
RECOVERABLE TAXES |
2.574.656,00 |
2.521.837,00 |
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|
ADVANCE TO SUPPLIERS |
356.770,00 |
174.080,00 |
|
|
ADVANCE TO EMPLOYEES |
63.427,00 |
55.463,00 |
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OTHER CREDITS |
667.871,00 |
47.001,00 |
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PRE PAID EXPENSES |
31.832,00 |
47.459,00 |
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ADVANCE TO SUPPLIERS |
126.258,00 |
101.366,00 |
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---------------- |
---------------- |
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TOTAL CURRENT ASSETS |
19.759.009,00 |
14.906.389,00 |
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LONG-TERM
RECEIVABLES: |
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JUDICIAL DEPOSITS |
80.167,00 |
59.261,00 |
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INVESTMENTS |
6.236,00 |
6.236,00 |
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---------------- |
---------------- |
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TOTAL LONG-TERM RECEIVABLES |
86.403,00 |
65.497,00 |
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FIXED ASSETS: |
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FIXED ASSETS |
8.627.516,00 |
8.841.824,00 |
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---------------- |
---------------- |
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TOTAL FIXED ASSETS |
8.627.516,00 |
8.841.824,00 |
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================ |
================ |
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TOTAL ASSETS |
28.472.928,00 |
23.813.710,00 |
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LIABILITIES: |
|
|
|
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CURRENT: |
31/12/2010 |
31/12/2009 |
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|
|
|
|
|
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SUPPLIERS |
5.649.456,00 |
1.973.355,00 |
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FINANCING |
7.872.959,00 |
6.485.400,00 |
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LABOR OBLIGATIONS |
745.866,00 |
464.745,00 |
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SOCIAL OBLIGATIONS |
176.794,00 |
126.519,00 |
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TRIBUTARY OBLIGATIONS |
303.868,00 |
155.656,00 |
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OTHER DEBTS |
743.717,00 |
785.577,00 |
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---------------- |
---------------- |
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TOTAL CURRENT LIABILITIES |
15.492.660,00 |
9.991.252,00 |
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LONG TERM
LIABILITIES: |
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|
|
|
|
|
|
|
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FINANCING |
2.767.419,00 |
2.253.929,00 |
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---------------- |
---------------- |
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TOTAL LONG TERM LIABILITIES |
2.767.419,00 |
2.253.929,00 |
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NET EQUITY: |
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|
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SHARE CAPITAL |
1.100.000,00 |
1.100.000,00 |
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CAPITAL RESERVES |
70.855,00 |
70.855,00 |
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REVALUATION RESERVES |
57.859,00 |
57.859,00 |
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ACCRUED PROFIT (LOSS) |
7.576.609,00 |
9.684.134,00 |
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PROFIT (LOSS) OF PERIOD |
1.301.097,00 |
549.251,00 |
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OTHER |
106.429,00 |
106.429,00 |
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---------------- |
---------------- |
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TOTAL NET EQUITY |
10.212.849,00 |
11.568.528,00 |
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================ |
================ |
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|
TOTAL LIABILITIES |
28.472.928,00 |
23.813.709,00 |
|
|
PROFIT AND LOSS ACCOUNTS AS OF 31/12/2010 AND 31/12/2009. |
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( FIGURES ARE IN REAIS ). |
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|
31/12/2010 |
31/12/2009 |
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|
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GROSS SALES |
47.802.205,00 |
39.892.062,00 |
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|
(-) TAXES ON SALES |
2.461.824,00 |
2.164.798,00 |
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|
---------------- |
---------------- |
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NET SALES |
45.340.381,00 |
37.727.264,00 |
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(-) COST OF SOLD GOODS |
36.141.445,00 |
30.677.843,00 |
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|
|
---------------- |
---------------- |
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|
GROSS PROFIT |
9.198.936,00 |
7.049.421,00 |
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|
OPERATING REVENUE (EXPENSE) |
-6.933.242,00 |
-4.522.884,00 |
|
|
FINANCIAL REVENUE(EXPENSE) |
-318.400,00 |
-1.450.386,00 |
|
|
|
---------------- |
---------------- |
|
|
OPERATIONAL PROFIT (LOSS) |
1.947.294,00 |
1.076.151,00 |
|
|
CONTRIBUTION/INCOME TAX |
-646.197,00 |
-452.666,00 |
|
|
PROFIT SHARING |
|
-74.234,00 |
|
|
|
---------------- |
---------------- |
|
|
NET PROFIT (LOSS) |
1.301.097,00 |
549.251,00 |
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MONTHLY SALES |
|||
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|
2011 |
|
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--------------------- |
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JANUARY |
R$ 2.692.007,40 |
|
|
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FEBRUARY |
R$ 3.479.149,87 |
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|
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MARCH |
R$ 3.094.311,10 |
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|
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APRIL |
R$ 3.219.382,06 |
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|
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MAY |
R$ 2.912.468,71 |
|
|
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JUNE |
R$ 3.295.992,87 |
|
|
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JULY |
R$ 4.372.640,14 |
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|
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AUGUST |
R$ 6.636.454,59 |
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|
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SEPTEMBER |
R$ 8.662.458,06 |
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|
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OCTOBER |
R$ 5.959.364,59 |
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NOVEMBER |
|
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DECEMBER |
|
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|
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TOTAL |
R$ 44.324.229,39 |
|
|
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RATIOS: |
31/12/2010 |
31/12/2009 |
|
|
QUICK RATIO |
,75 |
|
,95 |
|
|
|
|
CURRENT RATIO |
1,28 |
|
1,49 |
|
|
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7,46 |
TIMES |
10,33 |
TIMES |
|
|
|
DAYS' SALES IN RECEIVABLES |
48,29 |
DAYS |
34,86 |
DAYS |
|
|
|
INVENTORY TURNOVER |
4,41 |
TIMES |
5,63 |
TIMES |
|
|
|
ACCOUNTS PAYABLE PERIOD |
56,27 |
DAYS |
23,16 |
DAYS |
|
|
|
RETURN ON ASSETS |
1,59 |
TIMES |
1,58 |
TIMES |
|
|
|
SALES TURNOVER ON NET EQUITY |
4,44 |
TIMES |
3,26 |
TIMES |
|
|
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NET WORTH TIE-UP |
,84 |
|
,76 |
|
|
|
|
INDEBTEDNESS |
1,79 |
|
1,06 |
|
|
|
|
EQUITY RATIO |
35,87 |
% |
48,58 |
% |
|
|
|
WORKING CAPITAL RATIO |
27,54 |
% |
49,19 |
% |
|
|
|
GENERAL SOLVENCY |
1,56 |
|
1,94 |
|
|
|
|
RETURN ON NET EQUITY |
12,74 |
% |
4,75 |
% |
|
|
|
RETURN ON SALES (PROFIT MARGIN) |
2,87 |
% |
1,46 |
% |
|
|
|
GROSS PROFIT MARGIN |
20,29 |
% |
18,69 |
% |
|
|
|
OPERATIONAL RESULT |
4,29 |
% |
2,85 |
% |
|
|
|
SALES TURNOVER ON LIABILITIES |
2,93 |
TIMES |
3,78 |
TIMES |
|
|
|
FOREIGN CURRENCY ON ASSETS |
|
|
|
|
|
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FOREIGN CURRENCY ON LIABILITIES |
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EXCHANGE RATE: |
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|
US$ 1,00 = R$ 2,09 |
- OFFICIAL RATE ON 29/11/2012 |
|
US$ 1,00 = R$ 1,74 |
- OFFICIAL RATE ON 31/12/2010 |
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US$ 1,00 = R$ 1,66 |
- OFFICIAL RATE ON 31/12/2009 |
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COMMENTS ON THE
FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL RATIOS. THE FIGURES AVAILABLE SHOW A SATISFACTORY FINANCIAL STANDING. THE LEVEL
OF INDEBTEDNESS IS HIGH BUT IT IS NOTED NORMAL CURRENT RATIO AND POSITIVE
WORKING CAPITAL AMOUNT. IN ADDITION IT SHOWS GROWING SALES AND PROFITABILITY.
|
|
REAL ESTATE: |
OWNED PREMISES ARE VALUED AT R$ 12.914.654,95
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$ 1.915.128,54
|
MACHINES: |
NOT AVAILABLE
INSURANCE
|
INSURANCE COMPANY: |
BRADESCO SEGUROS S/A |
|
COVERAGE: |
NOT AVAILABLE |
|
EXPIRATION: |
NOT AVAILABLE |
BANKING REFERENCES
|
|
BRANCH/PHONE: |
|
|
CAIXA ECONOMICA FEDERAL |
1194 / 16 3663-4211 |
|
|
BANCO BRADESCO S/A |
3376 / 16 3905-2900 |
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BANCO SOFISA S/A |
0001 / 11 3176-5514 |
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BANCO INDUSTRIAL DO BRASIL S/A |
0001 / 11 3049-9882 |
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REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW TO PROVIDE
INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO THIS LAW
PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL REPORT, THE COMPANY
HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF "CIRCULAR 1682
BRAZILIAN CENTRAL BANK"). |
ACTIVITIES COMMENTS
|
THE SUBJECT IS ENGAGED IN THE INDUSTRIALIZATION AND TRADE OF PRODUCTS
FOR FARMING AND CATTLE BREEDING AS WELL AS FOR THE SUGAR-ALCOHOL AND PAPER
AND CELLULOSE SEGMENTS. |
|
IMPORT AND
EXPORT: |
IMPORTS FROM:
|
ARGENTINA, CHILE, TURKEY, SPAIN, MEXICO, FINLAND, PORTUGAL, CHINA, AND
JORDAN. |
EXPORTS TO:
|
ARGENTINA AND PARAGUAY. |
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MAIN CLIENTS: |
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DOMESTIC
CLIENTS: |
|
PHONE: |
|
BUNGE FERTILIZANTES S/A |
|
11 3748-0550 |
|
CARGIL FERTILIZANTES |
|
11 3146-0849 |
|
COOP. CAFEIC. CITRIC. DE SÃO PAULO |
|
17 3344-3000 |
|
FERTIGRAN FERTILIZANTES VALE RIO GRANDE LTDA |
|
34 3336-2176 |
|
FERTILIZANTES HERINGER LTDA |
|
19 3884-9000 |
|
FERTILIZANTES MITSUI INDUSTRIA E COMERCIO |
|
35 3729-1847 |
|
SEIVA AGRO PECUARIA LTDA |
|
|
|
STOLLER DO BRASIL LTDA |
|
19 3707-5344 |
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TORTUGA CIA ZOOTECNICA AGRARIA |
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VOTORANTIM CELULOSE E PAPEL S/A |
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STAFF: |
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THE COMPANY HAS: 164 EMPLOYEE(S) |
CONCEPT AND FULFILMENT
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY, OPERATING SINCE 1978. SO FAR
IT HAS A CLEAR TRADE HISTORY AND NO PAYMENT PROBLEMS ARE NOTED. THE COMPANY HAS TRADE RELATIONS WITH SOME LOCAL SUPPLIERS BUT UP TO
DATE ONLY SMALL PAYMENTS WERE REPORTED AND THE SUBJECT IS NOT SAID TO BE USER
OF TRADE CREDIT FACILITIES. THE LAWSUIT REPORTED IS NOT RELATED WITH TRADE DEBTS. IT IS RELATED TO
TAX DEBT THAT FOR ANY REASON THE COMPANY HAS NOT YET PAID. NEVERTHELESS WE
POINT OUT THAT THE SAID LAWSUIT DOES NOT AFFECT THE COMPANY'S TRADE
REPUTATION. |
|
MAIN SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
BARITEXTIL INDUSTRIA E COMERCIO LTDA |
|
14 662-3575 |
|
BUNGE FERTILIZANTES S/A |
|
16 831-3200 |
|
COMPANHIA MINEIRA DE METAIS |
|
11 3361-3777 |
|
FERTILIZANTES FOSFADOS S/A FOSFERTIL |
|
13 3362-0312 |
|
MAGHFRAN CONTEINERS LTDA |
|
48 279-9000 |
|
MINERAÇÃO SERRA DA FORTALEZA |
|
11 3819-1982 |
|
OXIZINCO INDUSTRIA E COMERCIO DE OXIDO LTDA |
|
|
|
QUIMIMAX QUIMICA LTDA |
|
19 227-5971 |
|
SHELL BRASIL LTDA |
|
0800-78 1515 |
|
SUMITOMO COPORATION DO BRASIL S/A |
|
|
|
VALE FERTILIZANTES S/A |
|
13 3363-9955 |
|
VOTORANTIM METAIS ZINCO S/A |
|
11 2159-3266 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
COMMET |
MEXICO |
|
|
CORPORATION FAEZA |
MEXICO |
|
|
EUROMET |
TURKEY |
|
|
MINERA SANTA RITA |
ARGENTINA |
|
|
PAN TECNIC |
UNITED STATES |
|
|
PROCESSADORA DE BORATOS |
ARGENTINA |
|
|
SIDCO INTERNATIONAL |
SPAIN |
|
|
SQM NITRATOS |
CHILE |
|
|
THOMPSON CREEK METALS COMPANY |
UNITED STATES |
|
|
ULEX S/A |
ARGENTINA |
|
|
PAYMENT HISTORY: |
|
04 SUPPLIERS REPORTED PAYMENTS: |
|
TOTAL AMOUNT: R$ 4.160,00 |
|
|
|
AMOUNT OF INVOICES PAID: 15 |
|
TOTAL OF PROMPT PAYMENTS: 100% |
|
HIGHEST INVOICE: R$ 603,45 |
|
HIGHEST CREDIT: R$ 603,45 |
FINAL OPINION
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN BUSINESS FOR SEVERAL
YEARS. UP TO DATE IT HAS SATISFACTORY FINANCIAL STANDING, A CLEAR TRADE
HISTORY AND NORMAL PAYMENT BEHAVIOR. BASED ON THE GENERAL INFORMATION AVAILABLE IT IS BELIEVED THAT GOOD
TRADE RELATIONS MAY BE ESTABLISHED. CREDIT FACILITIES MAY BE EXTENDED WITHIN
TERMS AND AMOUNTS ADEQUATE TO THE COMPANY'S FINANCIAL STRENGTH. |
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BALANCE SHEET
ANALYSIS |
FIGURES ARE IN
REAIS |
|
|
|
|
|
31/12/2010 |
|
31/12/2009 |
|
|
ASSETS |
|
% |
|
% |
|
Current Assets |
69.40 |
$
14,906,389 |
62.60 |
|
|
Fixed Assets |
$ 8,627,516 |
30.30 |
$ 8,841,824 |
37.13 |
|
TOTAL ASSETS |
$
28,472,928 |
100.00 |
$
23,813,710 |
100.00 |
|
LIABILITIES |
|
|
|
|
|
Current Liabilities |
$
15,492,660 |
54.41 |
$ 9,991,252 |
41.96 |
|
Long-Term Liabilities |
$
2,767,419 |
9.72 |
$ 2,253,929 |
9.46 |
|
TOTAL LIABILITIES |
$
18,260,079 |
64.13 |
$
12,245,181 |
51.42 |
|
Deferred Income |
$ - |
0.00 |
$ - |
0.00 |
|
Net Equity |
$
10,212,849 |
35.87 |
$
11,568,528 |
48.58 |
|
TOTAL LIABILITIES + NET EQUITY |
$
28,472,928 |
100.00 |
$
23,813,709 |
100.00 |
|
PROFIT AND LOSS ACCOUNTS |
|
|
|
|
|
Net Sales |
$
45,340,381 |
100.00 |
$
37,727,264 |
100.00 |
|
Costs |
$
36,141,445 |
79.71 |
$
30,677,843 |
81.31 |
|
Gross Profit |
$ 9,198,936 |
20.29 |
$ 7,049,421 |
18.69 |
|
Operating expenses |
$
(6,933,242) |
-15.29 |
$
(4,522,884) |
-11.99 |
|
operational Result |
$ 1,947,294 |
4.29 |
$ 1,076,151 |
2.85 |
|
Net Profit (loss) |
$ 1,301,097 |
2.87 |
$
549,251 |
1.46 |
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COMPLEMENTARY DATA |
|
|
|
|
|
Inventory |
$ 8,189,921 |
|
$ 5,448,905 |
|
|
Accounts receivable |
$ 6,081,413 |
|
$ 3,653,675 |
|
|
Accounts Payable |
$ 5,649,456 |
|
$ 1,973,355 |
|
|
Property, plant and equipment |
$ 8,627,516 |
|
$ 8,841,824 |
|
|
Purchases |
$ 8,627,516 |
|
$ 8,841,824 |
|
|
Financial Expenses |
$ (318,400) |
|
$
(1,450,386) |
|
|
Foreign Currency Assets |
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|
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Foreign Currency Liabilities |
|
|
|
|
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Working Capital |
$ 4,266,349 |
|
$ 4,915,137 |
|
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RATIOS: |
|
|
|
|
|
QUICK RATIO |
0.75 |
|
0.95 |
|
|
CURRENT RATIO |
1.28 |
|
1.49 |
|
|
ACCOUNTS RECEIVABLE TURNOVER |
7.46 |
times |
10.33 |
times |
|
DAYS' SALES IN RECEIVABLES |
48.29 |
days |
34.86 |
days |
|
INVENTORY TURNOVER |
4.41 |
times |
5.63 |
times |
|
56.27 |
days |
23.16 |
days |
|
|
RETURN ON ASSETS |
1.59 |
times |
1.58 |
times |
|
SALES TURNOVER ON NET EQUIY |
4.44 |
times |
3.26 |
times |
|
NET WORTH TIE-UP |
0.84 |
|
0.76 |
|
|
ENDEBTEDNESS |
1.79 |
|
1.06 |
|
|
EQUITY RATIO |
35.87 |
% |
48.58 |
% |
|
WORKING CAPITAL RATIO |
27.54 |
% |
49.19 |
% |
|
GENERAL SOLVENCY |
1.56 |
|
1.94 |
|
|
RETURN ON NET EQUITY |
12.74 |
% |
4.75 |
% |
|
RETURN ON SALES (PROFIT
MARGIN) |
2.87 |
% |
1.46 |
% |
|
GROSS PROFIT MARGIN |
20.29 |
% |
18.69 |
% |
|
OPERATIONAL RESULT |
4.29 |
% |
2.85 |
% |
|
SALES TURNOVER ON LIABILITIES |
2.93 |
times |
3.78 |
times |
|
FOREIGN CURRENCY ON ASSETS |
- |
% |
- |
% |
|
FOREIGN CURRENCY ON LIABILITIES |
- |
% |
- |
% |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.56 |
|
UK Pound |
1 |
Rs.87.46 |
|
Euro |
1 |
Rs.71.08 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.