|
Report Date : |
10.12.2012 |
IDENTIFICATION DETAILS
|
Name : |
CASTFUTURA S.P.A. |
|
|
|
|
Registered Office : |
Via Camperio Manfredo, 14 20100 – Milano
(MI) -IT- |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
01.07.1995 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Manufacture of electrical and electronic equipment for television
broadcasting |
|
|
|
|
No. of Employees : |
from 111 to 130 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
Payment Behaviour : |
No Complaints |
|
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 (31.03.2011) |
Current Rating (30.06.2012) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a
diversified industrial economy, which is divided into a developed industrial north,
dominated by private companies, and a less-developed, welfare-dependent,
agricultural south, with high unemployment. The Italian economy is driven in
large part by the manufacture of high-quality consumer goods produced by small
and medium-sized enterprises, many of them family owned. Italy also has a
sizable underground economy, which by some estimates accounts for as much as
17% of GDP. These activities are most common within the agriculture,
construction, and service sectors. Italy is the third-largest economy in the
euro-zone, but exceptionally high public debt burdens and structural
impediments to growth have rendered it vulnerable to scrutiny by financial
markets. Public debt has increased steadily since 2007, reaching 120% of GDP in
2011, and borrowing costs on sovereign government debt have risen to record
levels. During the second half of 2011 the government passed a series of three
austerity packages to balance its budget by 2013 and decrease its public debt
burden. These measures included a hike in the value-added tax, pension reforms,
and cuts to public administration. The government also faces pressure from
investors and European partners to address Italy's long-standing structural
impediments to growth, such as an inflexible labor market and widespread tax
evasion. The international financial crisis worsened conditions in Italy''s
labor market, with unemployment rising from 6.2% in 2007 to 8.4% in 2011, but
in the longer-term Italy''s low fertility rate and quota-driven immigration
policies will increasingly strain its economy. The euro-zone crisis along with
Italian austerity measures have reduced exports and domestic demand, slowing
Italy''s recovery. Italy''s GDP is still 5% below its 2007 pre-crisis level.
|
Source : CIA |
CASTFUTURA S.P.A.
Via Camperio Manfredo, 14
20100 - Milano (MI) -IT-
|
Fiscal Code |
: |
02243630122 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
01/07/1995 |
|
Equity |
: |
Over 2.582.254 |
|
Turnover Range |
: |
50.000.000/75.000.000 |
|
Number of Employees |
: |
from 111 to 130 |
Manufacture of electrical and electronic equipment for television
broadcasting
Legal Form : Joint stock company
|
Fiscal Code : 02243630122 |
|
Foreign Trade Reg. no. : VA045537 since 20/02/1998 |
|
Foreign Trade Reg. no. : 045537 of since 20/02/1998 |
|
Chamber of Commerce no. : 348835 of |
|
Chamber of Commerce no. : 1816765 of since 27/07/2006 |
|
Chamber of Commerce no. : 241035 of since 01/06/1995 |
|
Firms' Register : 21529 of |
|
Firms' Register : VA133-21529 of since 19/02/1996 |
|
Establishment date |
: 18/04/1995 |
|
|
Start of Activities |
: 01/07/1995 |
|
|
Legal duration |
: 31/12/2015 |
|
|
Nominal Capital |
: 179.743 |
|
|
Subscribed Capital |
: 177.967 |
|
|
Paid up Capital |
: 177.967 |
|
|
|
Zocca |
Diego |
|
|
|
Born in Casarsa della Delizia |
(PN) |
on 29/11/1947 |
- Fiscal Code : ZCCDGI47S29B940E |
|
|
|
Residence: |
|
Garibaldi |
, 3 |
- 24030 |
Mapello |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/06/2011 |
|
|
|
|
No Protests registered |
|
|
Gavirati |
Alessandra |
|
|
|
Born in Monza |
(MB) |
on 19/04/1968 |
- Fiscal Code : GVRLSN68D59F704L |
|
|
|
Residence: |
|
Campo Lodigiano |
, 3 |
- 20122 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/06/2011 |
|
|
|
|
No Protests registered |
|
|
Ferloni |
Vincenzo |
|
|
|
Born in Lurate Caccivio |
(CO) |
on 27/02/1944 |
- Fiscal Code : FRLVCN44B27E753I |
|
|
|
Residence: |
|
Aurora |
, 13 |
- 22075 |
Lurate Caccivio |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/06/2011 |
|
|
|
|
No Protests registered |
|
|
Falciola |
Dino |
|
|
|
Born in Milano |
(MI) |
on 03/03/1964 |
- Fiscal Code : FLCDNI64C03F205K |
|
|
|
Residence: |
|
Principe Di Piemonte |
, 4 |
- 28838 |
Stresa |
(VB) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/06/2011 |
|
|
|
Managing Director |
07/06/2011 |
|
|
|
Board Chairman |
07/06/2011 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Ruggeri |
Marco |
|
|
|
Born in Ponte San Pietro |
(BG) |
on 03/02/1966 |
- Fiscal Code : RGGMRC66B03G856U |
|
|
|
Residence: |
|
Roma |
, 10 |
- 24036 |
Pedrengo |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
09/04/2008 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Zitelli |
Andrea |
|
|
|
Born in Milano |
(MI) |
on 08/12/1968 |
- Fiscal Code : ZTLNDR68T08F205G |
|
|
|
Residence: |
|
Alberto Da Rosciate |
, 11 |
- 24100 |
Bergamo |
(BG) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Attorney with special power |
05/06/2009 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Scovenna |
Giovanni |
|
|
|
Born in Pavia |
(PV) |
on 13/09/1969 |
- Fiscal Code : SCVGNN69P13G388I |
|
|
|
Residence: |
|
Camperio Manfredo |
, 14 |
- 20123 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
16/04/2012 |
|
|
|
|
No Protests registered |
|
|
Bianchi |
Raoul |
|
|
|
Born in Como |
(CO) |
on 10/05/1956 |
- Fiscal Code : BNCRLA56E10C933Y |
|
|
|
Residence: |
|
Monte Grappa |
, 51 |
- 22079 |
Villa Guardia |
(CO) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/06/2011 |
|
|
|
|
No Protests registered |
|
|
Pendenza |
Paolo |
|
|
|
Born in Roma |
(RM) |
on 13/07/1963 |
- Fiscal Code : PNDPLA63L13H501O |
|
|
|
Residence: |
|
Dell' Orso |
, 857 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
07/06/2011 |
|
|
|
Assistant board Chairman |
07/06/2011 |
|
|
|
Managing Director |
07/06/2011 |
|
|
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
*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.
Shareholders' list as at date of data collection:
|
Firm's Style /
Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Bs Private Equity S.p.a. |
Milano - IT - |
09361030159 |
2.011 .Eur |
1,13 |
|
Ferloni Vincenzo |
Lurate Caccivio - IT - |
FRLVCN44B27E753I |
22.761 .Eur |
12,79 |
|
Falciola Dino |
Stresa - IT - |
FLCDNI64C03F205K |
2.847 .Eur |
1,60 |
|
Ruggeri Marco |
Pedrengo - IT - |
RGGMRC66B03G856U |
711 .Eur |
0,40 |
|
Libero S.r.l. |
Milano - IT - |
04938790963 |
9.663 .Eur |
5,43 |
|
Offredi Giorgio |
|
FFRGRG54M02L037O |
195 .Eur |
0,11 |
|
De Piero Caterino |
|
DPRCRN57R08H589T |
249 .Eur |
0,14 |
|
Losa Pierluigi |
|
LSOPLG32D04E858A |
4.805 .Eur |
2,70 |
|
Zitelli Andrea |
Bergamo - IT - |
ZTLNDR68T08F205G |
373 .Eur |
0,21 |
|
Bianchi Raoul |
Villa Guardia - IT - |
BNCRLA56E10C933Y |
2.420 .Eur |
1,36 |
|
Synergo - Societa' Di Gestione Del Rispa rmio S.p.a. O In Forma
Abbreviata Synerg |
Milano - IT - |
04394120960 |
131.606 .Eur |
73,95 |
|
Meoni Ivan |
|
MNEVNI72D09A794P |
338 .Eur |
0,19 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Losa Pier Luigi S.r.l. |
Lecco - IT - |
01555010139 |
12.480 .Eur |
80,00 |
|
|
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Registered office |
|
|
|
|
|
|
Camperio Manfredo |
, 14 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
- |
Operative seat |
since 01/01/2004 |
|
|
|
|
|
|
Baccanello |
, 1/b |
- 24030 |
- Terno d'Isola |
(BG) |
- IT - |
|
|
|
|
PHONE |
: 035903726 |
|
|
|
|
PHONE |
: 0354949411 |
|
- |
Branch |
|
|
|
|
|
|
|
San Bartolomeo |
, 51 |
- 21040 |
- Carnago |
(VA) |
- IT - |
|
|
|
|
PHONE |
: 0331984204 |
|
|
|
|
FAX |
: 0331984205 |
|
|
|
|
Email |
: info@electronicsfutura.com |
|
|
|
|
Employees |
: 114 |
|
|
|
|
Assistants |
: 1 |
|
Fittings and Equipment for a value of 1.700.000 |
Eur |
|
Stocks for a value of 4.070.000 |
Eur |
|
- LOSA PIER LUIGI S.R.L. |
CHANGES TO THE LEGAL FORM:
|
Former legal form |
New legal form |
Changement Date |
|
Limited liability company |
Joint stock company |
30/03/2004 |
EX-MEMBERS / EX-POSITIONS:
|
|
Jung |
Ugo |
|
|
|
Born in Palermo |
(PA) |
on 26/04/1951 |
- Fiscal Code : JNGGUO51D26G273S |
|
|
|
Residence: |
|
Bricco Martini |
, 1 |
- 12050 |
Cerretto Langhe |
(CN) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Zocca |
Diego |
|
|
|
Born in Casarsa della Delizia |
(PN) |
on 29/11/1947 |
- Fiscal Code : ZCCDGI47S29B940E |
|
|
|
Residence: |
|
Garibaldi |
, 3 |
- 24030 |
Mapello |
(BG) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Managing Director |
|
Board Chairman |
|
Managing Director |
|
|
Ferloni |
Vincenzo |
|
|
|
Born in Lurate Caccivio |
(CO) |
on 27/02/1944 |
- Fiscal Code : FRLVCN44B27E753I |
|
|
|
Residence: |
|
Aurora |
, 13 |
- 22075 |
Lurate Caccivio |
(CO) |
- IT - |
|
Ex-Postions |
|
Sole Director |
|
Board Chairman |
|
Managing Director |
|
Managing Director |
|
|
Ruggeri |
Marco |
|
|
|
Born in Ponte San Pietro |
(BG) |
on 03/02/1966 |
- Fiscal Code : RGGMRC66B03G856U |
|
|
|
Residence: |
|
Roma |
, 10 |
- 24036 |
Pedrengo |
(BG) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Ingrosso |
Daniela |
|
|
|
Born in Taranto |
(TA) |
on 21/01/1969 |
- Fiscal Code : NGRDNL69A61L049G |
|
|
|
Residence: |
|
F.lli Cervi |
- 20090 |
Segrate |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Rescigno |
Fabrizio |
|
|
|
Born in Roma |
(RM) |
on 15/01/1976 |
- Fiscal Code : RSCFRZ76A15H501X |
|
|
|
Residence: |
|
Calamandrei |
, 173 |
- 52100 |
Arezzo |
(AR) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Bestetti |
Alberto |
|
|
|
Born in Milano |
(MI) |
on 08/01/1969 |
- Fiscal Code : BSTLRT69A08F205H |
|
|
|
Residence: |
|
Cesare Correnti |
, 15/5 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Chairman of the Board of Aud. |
|
|
Cattaneo |
Umberto |
|
|
|
Born in Magenta |
(MI) |
on 25/08/1966 |
- Fiscal Code : CTTMRT66M25E801Y |
|
|
|
Residence: |
|
San Vittore |
, 7 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Turcatti |
Giacomo Dante |
|
|
|
Born in Lurate Caccivio |
(CO) |
on 01/08/1947 |
- Fiscal Code : TRCGMD47M01E753A |
|
|
|
Residence: |
|
Unione |
, 13 |
- 22075 |
Lurate Caccivio |
(CO) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
Permanent Auditor |
|
|
Confalonieri |
Gianluigi |
|
|
|
Born in MILANO |
(MI) |
on 05/07/1941 |
- Fiscal Code : CNFGLG41L05F205T |
|
|
|
Residence: |
|
F. AGELLO |
, 25 |
- 21100 |
Varese |
(VA) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
Managing Director |
|
|
Colombo |
Cesare |
|
|
|
Born in AIRUNO |
(CO) |
on 31/01/1939 |
- Fiscal Code : CLMCSR39A31A112N |
|
|
|
Residence: |
|
DONIZETTI |
, 1 |
- 23804 |
Monte Marenzo |
(LC) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
Cornara |
Giuseppe |
|
|
|
Born in Olginate |
(CO) |
on 17/01/1939 |
- Fiscal Code : CRNGPP39A17G030I |
|
|
|
Residence: |
|
Adda |
, 9 |
- 23804 |
Monte Marenzo |
(LC) |
- IT - |
|
Ex-Postions |
|
Managing Director |
|
|
CASTO |
MIRIAM |
|
|
|
Born in ALBENGA |
(SV) |
on 07/06/1968 |
- Fiscal Code : CSTMRM68H47A145R |
|
|
|
Residence: |
|
COL DI LANA |
, 6/A |
- 20100 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Losapio |
Carlo |
|
|
|
Born in Varese |
(VA) |
on 22/06/1960 |
- Fiscal Code : LSPCRL60H22L682U |
|
|
|
Residence: |
|
Milano |
, 133 |
- 21027 |
Ispra |
(VA) |
- IT - |
|
Ex-Postions |
|
Permanent Auditor |
|
|
Perricone |
Antonio |
|
|
|
Born in Palermo |
(PA) |
on 26/01/1954 |
- Fiscal Code : PRRNTN54A26G273Y |
|
|
|
Residence: |
|
Verri |
, 8 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Ferloni |
Sara |
|
|
|
Born in Como |
(CO) |
on 27/04/1978 |
- Fiscal Code : FRLSRA78D67B639Z |
|
|
|
Residence: |
|
Aurora |
, 13 |
- 22075 |
Lurate Caccivio |
(CO) |
- IT - |
|
Ex-Postions |
|
Director |
CEASINGS/INCORPORATIONS/MERGES:
|
|
Project of merging by taking over of |
|
|
|
A.s.g. International S.r.l. |
|
|
|
|
Aurelio Saffi |
, 15 |
, 25100 |
, Brescia |
(BS) |
- IT - |
|
|
|
Fiscal Code: 02786350989 |
|
|
|
Date |
Merging/splitting-up project: |
07/10/2010 |
|
|
The firm absorbed by merging of |
|
|
|
A.s.g. International S.r.l. |
|
|
|
|
Aurelio Saffi |
, 15 |
, 25100 |
, Brescia |
(BS) |
- IT - |
|
|
|
Fiscal Code: 02786350989 |
|
|
|
Date |
: |
22/12/2010 |
Protests checking on the subject firm has given a negative result.
Search performed on a National Scale
|
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
None reported, standing to the latest received edition of the Official
Publications.
The firm operates with:
|
Bank Name |
Agency Name |
Address |
ZIP Code |
City |
ABI Code |
CAB Code |
|
SANPAOLO-IMI S.P.A. |
MILANO SEDE |
VIA BROLETTO, 9/11 |
20100 |
Milano |
1025 |
1600 |
|
INTESA SANPAOLO SPA |
|
|
|
|
3069 |
0 |
|
UNICREDIT BANCA D'IMPRESA S.P.A. |
|
|
|
|
3226 |
0 |
Subject is active since 1995
Balance sheets for the years 2009, 2010 and 2011 were analyzed.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 1,01% in 2011 but without a significant increase in the
turnover.
The operating result in 2011 was positive (4,02%) and in line with the
sector's average.
An operating result of Eur. 2.146.003 has been registered. on stable
levels if compared to the previous year.
The gross operating margin of the latest financial year is of Eur.
3.821.664 stable if compared to the financial year 2010.
The financial status of the company is fairly balanced with an
indebtedness level of 2,01 and falling as against the previous year (2,54).
Subject can manage an equity capital funds for an amount of Eur.
12.840.760 on the same levels as the year before.
During the last financial year debts totalled Eur. 39.776.818 (Eur.
13.860.202 of which were m/l term debts) on the same levels as the year before.
The recourse to bank credit is slightly high and also borrowings from
suppliers appear to be high, with an average payment period equal to 114,11 gg.
even if it is lower than the sector's average.
It shows a not very good liquidity level.
Trade credits average terms are 77,17 days. , a value lower than the
sector's average.
During financial year 2011 the cash flow amounted to Eur. 1.714.071
Labour cost amounts to Eur. 6.177.337, with a 11,77% incidence on
production costs. , whereas the incidence of such costs on sales revenues is
equal to 11,99%.
Financial charges have a high incidence (-2,43%) on turnover figures.
|
|
|
Complete balance-sheet for the year |
31/12/2011 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
51.501.540 |
|
Profit (Loss) for the period |
129.090 |
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
52.478.556 |
|
Profit (Loss) for the period |
211.075 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
38.149.149 |
|
Profit (Loss) for the period |
37.681 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
50.972.000 |
|
Profit (Loss) for the period |
752.000 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
43.575.781 |
|
Profit (Loss) for the period |
-1.689.463 |
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 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
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 |
0,56 |
0,51 |
0,52 |
0,22 |
|
Elasticity Ratio |
Units |
0,44 |
0,49 |
0,48 |
0,77 |
|
Availability of stock |
Units |
0,08 |
0,08 |
0,08 |
0,19 |
|
Total Liquidity Ratio |
Units |
0,36 |
0,41 |
0,40 |
0,54 |
|
Quick Ratio |
Units |
0,00 |
0,01 |
0,01 |
0,02 |
|
COMPOSITION ON SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
2,01 |
2,54 |
2,35 |
2,61 |
|
Self Financing Ratio |
Units |
0,24 |
0,19 |
0,19 |
0,21 |
|
Capital protection Ratio |
Units |
0,98 |
0,97 |
0,98 |
0,63 |
|
Liabilities consolidation quotient |
Units |
0,56 |
0,65 |
0,77 |
0,19 |
|
Financing |
Units |
3,10 |
4,23 |
4,15 |
3,38 |
|
Permanent Indebtedness Ratio |
Units |
0,51 |
0,50 |
0,54 |
0,38 |
|
M/L term Debts Ratio |
Units |
0,27 |
0,32 |
0,35 |
0,10 |
|
Net Financial Indebtedness Ratio |
Units |
1,91 |
2,85 |
2,64 |
0,68 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
0,91 |
1,00 |
1,04 |
1,72 |
|
Current ratio |
Units |
0,91 |
1,01 |
1,06 |
1,22 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
0,75 |
0,84 |
0,88 |
0,94 |
|
Structure's primary quotient |
Units |
0,43 |
0,37 |
0,37 |
1,11 |
|
Treasury's primary quotient |
Units |
0,01 |
0,03 |
0,01 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
415,96 |
532,83 |
523,61 |
481,59 |
|
Current Capital ( net ) |
Value |
-2.412.425 |
153.719 |
1.362.291 |
782.643 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
3,33 |
3,64 |
3,00 |
3,73 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
1,01 |
1,97 |
0,37 |
3,77 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
4,74 |
4,56 |
3,54 |
12,35 |
|
Return on Investment ( R.O.I. ) |
% |
4,02 |
4,33 |
3,47 |
4,22 |
|
Return/ Sales |
% |
4,17 |
4,72 |
4,83 |
4,96 |
|
Extra Management revenues/charges incid. |
% |
6,02 |
8,53 |
2,04 |
22,37 |
|
Cash Flow |
Value |
1.714.071 |
1.911.146 |
1.144.827 |
214.298 |
|
Operating Profit |
Value |
2.146.003 |
2.474.890 |
1.843.514 |
222.750 |
|
Gross Operating Margin |
Value |
3.821.664 |
4.174.961 |
2.950.660 |
533.748 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
77,17 |
87,45 |
104,73 |
136,77 |
|
Debts to suppliers average term |
Days |
114,11 |
104,67 |
166,36 |
148,40 |
|
Average stock waiting period |
Days |
28,43 |
32,10 |
40,17 |
60,75 |
|
Rate of capital employed return ( Turnover ) |
Units |
0,96 |
0,92 |
0,72 |
1,02 |
|
Rate of stock return |
Units |
12,66 |
11,22 |
8,96 |
5,89 |
|
Labour cost incidence |
% |
11,99 |
13,13 |
13,76 |
20,31 |
|
Net financial revenues/ charges incidence |
% |
-2,43 |
-1,64 |
-3,31 |
-1,36 |
|
Labour cost on purchasing expenses |
% |
11,77 |
12,88 |
13,59 |
19,93 |
|
Short-term financing charges |
% |
3,60 |
2,06 |
3,13 |
3,07 |
|
Capital on hand |
% |
103,71 |
109,01 |
139,27 |
97,57 |
|
Sales pro employee |
Value |
399.236 |
426.654 |
234.043 |
192.305 |
|
Labour cost pro employee |
Value |
47.886 |
56.008 |
32.196 |
34.434 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.20 |
|
|
1 |
Rs.86.99 |
|
Euro |
1 |
Rs.70.22 |
INFORMATION DETAILS
|
Report
Prepared by : |
SDA |
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.