|
Report Date : |
17.12.2012 |
IDENTIFICATION DETAILS
|
Name : |
DRAGER MEDICAL GMBH |
|
|
|
|
Registered Office : |
Moislinger Allee 53-55, D 23558 Lübeck |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
26.03.1998 |
|
|
|
|
Com. Reg. No.: |
HRB 4358 HL |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacturer
of technical instruments and supplies for
medical purposes |
|
|
|
|
No. of Employees : |
1,628
employees |
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 (31.03.2012) |
Current Rating (30.06.2012) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
germany - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world in PPP terms
and Europe's largest - is a leading exporter of machinery, vehicles, chemicals,
and household equipment and benefits from a highly skilled labor force. Like
its Western European neighbors, Germany faces significant demographic
challenges to sustained long-term growth. Low fertility rates and declining net
immigration are increasing pressure on the country's social welfare system and
necessitate structural reforms. Reforms launched by the government of
Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address
chronically high unemployment and low average growth, contributed to strong
growth in 2006 and 2007 and falling unemployment. These advances, as well as a
government subsidized, reduced working hour scheme, help explain the relatively
modest increase in unemployment during the 2008-09 recession - the deepest
since World War II - and its decrease to 6.0% in 2011. GDP contracted 5.1% in
2009 but grew by 3.6% in 2010, and 2.7% in 2011. The recovery was attributable
primarily to rebounding manufacturing orders and exports - increasingly outside
the Euro Zone. Germany's central bank projects that GDP will grow 0.6% in 2012,
a reflection of the worsening euro-zone financial crisis and the financial
burden it places on Germany as well as falling demand for German exports.
Domestic demand is therefore becoming a more significant driver of Germany's
economic expansion. Stimulus and stabilization efforts initiated in 2008 and
2009 and tax cuts introduced in Chancellor Angela MERKEL's second term
increased Germany's budget deficit to 3.3% in 2010, but slower spending and
higher tax revenues reduce the deficit to 1.7% in 2011, below the EU's 3%
limit. A constitutional amendment approved in 2009 limits the federal
government to structural deficits of no more than 0.35% of GDP per annum as of
2016. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela
Merkel announced in May 2011 that eight of the country's 17 nuclear reactors
would be shut down immediately and the remaining plants would close by 2022.
Germany hopes to replace nuclear power with renewable energy. Before the
shutdown of the eight reactors, Germany relied on nuclear power for 23% of its
energy and 46% of its base-load electrical production.
|
Source : CIA |
Drager Medical GmbH
Moislinger Allee 53-55
D 23558
Lübeck
Telephone: 0451/8820
Telefax: 0451/8822080
E-mail: info@draeger.com
Company
Status: active
Business
relations are permissible.
LEGAL FORM Private limited company
Date of foundation: 1998
Shareholders'
agreement: 17.02.1998
Registered on: 26.03.1998
Commercial Register: Local
court 23568 Lübeck
under: HRB 4358 HL
Share
capital: EUR 200,000.00
Drägerwerk AG & Co. KGaA
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Partnership limited by shares
Share capital: EUR 42,265,600.00
Share: EUR 200,000.00
Registered on: 14.12.2007
Reg. data: 23568 Lübeck, HRB 7903 HL
Dr. Herbert Fehrecke
D 38667 Bad Harzburg
born: 19.03.1949
Profession: Businessman
Marital status: married
Manager:
Gert-Hartwig Lescow
D 23558 Lübeck
born: 31.08.1967
Manager:
Stefan Dräger
D 23552 Lübeck
born: 18.03.1963
Profession: graduate
engineer
Marital status: unknown
Manager:
Andreas Frahm
D 23552 Lübeck
authorized to jointly
represent the company
born: 21.03.1963
Nationality: Singaporean
Manager:
Anton Schrofner
D 20095 Hamburg
born: 23.08.1963
Marital status: unknown
Stefan Dräger
D 23552 Lübeck
born: 18.03.1963
Profession: graduate engineer
Marital status: unknown
Siegfried Kasang
D 23568 Lübeck
born: 12.05.1957
Profession: Businessman
Marital status: unknown
Theodor Dräger
Moislinger Allee 53-55
D 23558 Lübeck
born: 19.02.1938
Profession: Fully qualified merchant
Property regime: Statutory matrimonial
property regime
Marital status: married
Member of the
Supervisory Board:
Thomas Rickers
D 23552 Lübeck
Profession: Trade unionist
Marital status: unknown
Member of the
Supervisory Board:
Carla Katharina Kriwet
D 80331 München
born: 01.03.1971
Member of the
Supervisory Board:
Gert-Hartwig Lescow
D 23558 Lübeck
born: 31.08.1967
Member of the
Supervisory Board:
Regina Pawills - geschäftsansässig
D 23558 Lübeck
Member of the
Supervisory Board:
Klaus-Dieter Fürstenberg
D 23558 Lübeck
Member of the
Supervisory Board:
Andrea Mohnsame-Zitterich
Wulmsberggrund 36
D 21149 Hamburg
born: 13.12.1967
Member of the
Supervisory Board:
Stephan Klein
Rüderweg 6
D 23701 Eutin
Member of the
Supervisory Board:
Daniel Friedrich
D 23556 Lübeck
Marital status: unknown
Kay-Axel Sommerlatt
D 23730 Neustadt
authorized to jointly represent the company
born: 02.06.1976
Proxy:
Carola Tschorn-Behrens
D 23617 Stockelsdorf
authorized to jointly
represent the company
born: 30.12.1960
Proxy:
Dr. Mark Blatt
D 20095 Hamburg
authorized to jointly
represent the company
born: 13.03.1957
Proxy:
Inga Kuhls
Uhlandstr. 13
D 23611 Bad Schwartau
authorized to jointly
represent the company
born: 06.05.1959
née: Herzberg
Proxy:
Annemarie Hildegard Decking
D 22047 Hamburg
authorized to jointly
represent the company
born: 17.01.1969
Proxy:
Reinhard Frick
D 23552 Lübeck
authorized to jointly
represent the company
born: 06.10.1950
Proxy:
Gerhard Lechner
D 84180 Loiching
authorized to jointly
represent the company
born: 01.06.1969
Proxy:
Dr. Jakob Kleißl
D 23558 Lübeck
authorized to jointly
represent the company
born: 11.11.1977
Proxy:
Dr. Markus Keussen
D 24103 Kiel
authorized to jointly
represent the company
born: 29.08.1966
Proxy:
Petra Westphal
D 23552 Lübeck
authorized to jointly
represent the company
born: 23.06.1967
Proxy:
Brigitte Dautzenberg
D 23552 Lübeck
authorized to jointly
represent the company
born: 31.01.1959
Proxy:
Walter Neundorf
D 23611 Bad Schwartau
authorized to jointly
represent the company
born: 20.10.1960
Profession: graduate
engineer
Marital status: unknown
Proxy:
Claus Martin Baumann
D 23558 Lübeck
authorized to jointly
represent the company
born: 11.04.1962
Proxy:
Dr. Gero Dietrich
D 23617 Stockelsdorf
authorized to jointly
represent the company
born: 09.04.1969
Marital status: unknown
Proxy:
Sigrid Leitzmann
D 23564 Lübeck
authorized to jointly
represent the company
born: 18.08.1961
Proxy:
Sebastian Kässner
D 20095 Hamburg
authorized to jointly
represent the company
born: 20.07.1971
Proxy:
Swen Grünitz-Post
D 22113 Oststeinbek
authorized to jointly
represent the company
born: 16.01.1966
Proxy:
Dr. Olaf Schermeier
Erich-Mühsam-Weg 15
D 23560 Lübeck
authorized to jointly
represent the company
born: 11.07.1972
Proxy:
Kai Rentz
D 23628 Krummesse
authorized to jointly
represent the company
born: 20.09.1968
Proxy:
Thomas Mika
D 20095 Hamburg
authorized to jointly
represent the company
born: 02.04.1967
Proxy:
Thomas Engler
D 22964 Steinburg
authorized to jointly represent the
company
born: 04.08.1970
Profession: graduate
engineer
Proxy:
Achim Sinn
D 23617 Stockelsdorf
authorized to jointly
represent the company
born: 13.09.1968
Profession: Businessman
Marital status: unknown
Proxy:
Marc Oliver Rosenthal
D 23730 Neustadt
authorized to jointly
represent the company
born: 13.07.1968
Proxy:
Lothar Thielen
D 23558 Lübeck
authorized to jointly
represent the company
born: 17.08.1962
Proxy:
Dipl.-Ing. Stephan Kruse
An den Dämmwiesen 20
D 23923 Herrnburg
authorized to jointly
represent the company
born: 26.04.1970
Proxy:
Theoder Michael Karsta
UAE - Dubai
authorized to jointly
represent the company
born: 16.03.1953
Nationality: Emirati
Proxy:
Birgit Eggert
D 23843 Bad Oldesloe
authorized to jointly
represent the company
born: 19.07.1967
Proxy:
Dr. Axel Ruoff
D 25882 Tetenbüll
authorized to jointly
represent the company
born: 20.06.1968
Marital status: unknown
Proxy:
Peter Erik Schröder
D 23626 Ratekau
authorized to jointly
represent the company
born: 26.02.1967
Profession: Businessman
Marital status: unknown
Proxy:
Dr. Silke Wenzel
D 23683 Scharbeutz
authorized to jointly
represent the company
born: 05.01.1968
Marital status: unknown
Proxy:
Stefan Kammer
D 23611 Bad Schwartau
authorized to jointly
represent the company
born: 01.06.1977
Proxy:
Catrin Winkler
D 20095 Hamburg
authorized to jointly
represent the company
born: 09.12.1974
Proxy:
Arnoldus Wolters
D 23923 Selmsdorf
authorized to jointly
represent the company
born: 09.08.1960
Further functions/participations
of Dr. Herbert Fehrecke
(Manager)
Manager:
Dräger Medical International GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private limited company
Share capital: EUR 100,100.00
Registered
on: 27.12.2004
Reg. data: 23568 Lübeck,
HRB 5879 HL
Vice-president of the
Board of Directors:
Drägerwerk Verwaltungs AG
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 02.04.2007
Reg. data: 23568 Lübeck,
HRB 7395 HL
Member of the Board
of Directors:
Dräger Safety Verwaltungs AG
Revalstr. 1
D 23560 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 14.04.2001
Reg. data: 23568 Lübeck,
HRB 5036 HL
Further
functions/participations of Gert-Hartwig Lescow (Manager)
Manager:
Dräger Gebäude und Service GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private limited company
Share capital: EUR 250,000.00
Registered
on: 23.11.2000
Reg. data: 23568 Lübeck,
HRB 4963 HL
Manager:
Dräger Medical International GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private limited company
Share capital: EUR 100,100.00
Registered
on: 27.12.2004
Reg. data: 23568 Lübeck,
HRB 5879 HL
Member of the Board
of Directors:
Drägerwerk Verwaltungs AG
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 02.04.2007
Reg. data: 23568 Lübeck,
HRB 7395 HL
Member of the Board
of Directors:
Dräger Safety Verwaltungs AG
Revalstr. 1
D 23560 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 14.04.2001
Reg. data: 23568 Lübeck,
HRB 5036 HL
Further functions/participations of Stefan Dräger (Manager)
Limited partner:
HSH N Quartett I GmbH
& Co.KG
Pelzerstr. 9-13
c/o HSH Nordbank AG
D 20095 Hamburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Total cap. EUR 100,300.00
contribution:
Share: EUR 5,000.00
Registered
on: 13.04.2005
Reg. data: 20355 Hamburg, HRA 101912
Shareholder:
Stefan Dräger GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private
limited company
Share capital: EUR 100,000.00
Share: EUR 100,000.00
Registered
on: 14.03.2005
Reg. data: 23568 Lübeck, HRB 5925 HL
Manager:
Dr. Heinrich Dräger
Gesellschaft mit
beschränkter Haftung
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private
limited company
Share capital: EUR
18,317,700.00
Registered
on: 01.01.1986
Reg. data: 23568 Lübeck, HRB 1893 HL
Manager:
Dräger MSI GmbH
Rohrstr. 32
D 58093 Hagen
Post Box:
600120, D 58137 Hagen
Legal form: Private
limited company
Share capital: EUR 1,000,000.00
Registered
on: 31.07.1992
Reg. data: 58097 Hagen, HRB 2786
Manager:
Stefan Dräger GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private
limited company
Share capital: EUR 100,000.00
Registered
on: 14.03.2005
Reg. data: 23568 Lübeck, HRB 5925 HL
Manager:
Dräger Medical International
GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private
limited company
Share capital: EUR 100,100.00
Registered
on: 27.12.2004
Reg. data: 23568 Lübeck, HRB 5879 HL
President of the
Board of Directors:
Drägerwerk Verwaltungs AG
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 02.04.2007
Reg. data: 23568 Lübeck,
HRB 7395 HL
Vice-president of the
Board of Directors:
Deutsche Gesellschaft für Personalführung
e.V.
Niederkasseler Lohweg 16
D 40547 Düsseldorf
Legal form: Registered association
Registered
on: 26.09.1953
Reg. data: 40213
Düsseldorf, VR 3755
Vice-president of the
Board of Directors:
Arbeitgebervereinigung Lübeck-Schwerin e.V.
Wakenitzstr. 45-47
D 23564 Lübeck
Legal form: Registered association
Registered
on: 04.07.1958
Reg. data: 23568 Lübeck, VR
827 HL
Member of the Board
of Directors:
Dräger Safety Verwaltungs AG
Revalstr. 1
D 23560 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 14.04.2001
Reg. data: 23568 Lübeck,
HRB 5036 HL
Member of the
Supervisory Board:
Dräger Medical Deutschland GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Post Box:
23 54 2, Lübeck
Legal form: Private limited company
Share capital: EUR 2,000,000.00
Registered
on: 23.12.1997
Reg. data: 23568 Lübeck,
HRB 4310 HL
Further
functions/participations of Andreas Frahm (Manager)
Manager:
Dräger Medical
International GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private
limited company
Share capital: EUR 100,100.00
Registered
on: 27.12.2004
Reg. data: 23568 Lübeck, HRB 5879 HL
Member of the Board
of Directors:
Dräger Safety Verwaltungs AG
Revalstr. 1
D 23560 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 14.04.2001
Reg. data: 23568 Lübeck,
HRB 5036 HL
Further
functions/participations of Anton Schrofner (Manager)
Manager:
Dräger Medical International GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private limited company
Share capital: EUR 100,100.00
Registered
on: 27.12.2004
Reg. data: 23568 Lübeck,
HRB 5879 HL
Member of the Board
of Directors:
Dräger Safety Verwaltungs AG
Revalstr. 1
D 23560 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 14.04.2001
Reg. data: 23568 Lübeck,
HRB 5036 HL
Member of the Board
of Directors:
Drägerwerk Verwaltungs AG
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Public limited company
Share capital: EUR 1,000,000.00
Registered
on: 02.04.2007
Reg. data: 23568 Lübeck,
HRB 7395 HL
President of the
Supervisory Board:
Dräger Interservices GmbH
Moislinger Allee 53/55
D 23558 Lübeck
Legal form: Private limited company
Share capital: EUR 256,000.00
Registered
on: 17.11.1995
Reg. data: 23568 Lübeck,
HRB 3867 HL
23.03.1998 - 15.01.2003 Dräger Projekt Beteiligungs GmbH
Moislinger Allee
53/55
D 23558 Lübeck
Private limited company
18.05.1998 - 23.03.2011 Dräger Medical GmbH
Moislinger Allee 53
D 23558 Lübeck
Private limited
company
16.01.2003 - 20.09.2010 Dräger Medical Holding GmbH
Moislinger Allee
53/55
D 23558 Lübeck
Private limited
company
RESIGNED ACTING PERSONS AND
SHAREHOLDERS
28.09.2010 - 12.03.2012 Manager
Dr. Christian Hauer
D 22926 Ahrensburg
Sectors
32501
Manufacture of technical instruments and supplies for medical purposesn.e.c.
46184 Agents involved in the sale of
pharmaceutical goods, medical and orthopedic goods, laborary supplies,
medical and dental
supplies, dental instruments
9609 Other service activities n. e. c.
Limited partner:
Dräger Finance Services
GmbH & Co. KG
Frölingstr. 15-31
D 61352 Bad Homburg
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 511,291.88
contribution:
Share: EUR 485,727.29
Reg. data: 11.11.1999
Local court
61352 Bad Homburg
HRA 3357
Shareholder:
Dräger Medical
Deutschland GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Post Box:
23 54 2
Legal form: Private
limited company
Company Status: active
Share capital: EUR 2,000,000.00
Share: EUR 2,000,000.00
Reg. data: 23.12.1997
Local court
23568 Lübeck
HRB 4310 HL
Shareholder:
Dräger Medical
International GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private
limited company
Company Status: active
Share capital: EUR 100,100.00
Share: EUR 100,100.00
Reg. data: 27.12.2004
Local court
23568 Lübeck
HRB 5879 HL
Shareholder:
Fachklinik für Anästhesie
und
Intensivmedizin
Vahrenwald GmbH
Moislinger Allee 53-55
D 23558 Lübeck
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,564.59
Share: EUR 25,564.59
Reg. data: 19.08.2003
Local court
23568 Lübeck
HRB 5631 HL
Payment
experience: within agreed terms
Negative
information: We have no negative
information at hand.
Balance
sheet year: 2010
Type of
ownership: Tenant
Address Moislinger
Allee 53-55
D 23558 Lübeck
Real Estate of: Daniel
Friedrich
Type of ownership: Tenant
Address D
23556 Lübeck
Land
register documents were not available.
COMMERZBANK, LÜBECK
Sort. code: 23040022, BIC: COBADEFF230
DEUTSCHE BANK, LÜBECK
Sort. code: 23070710, BIC: DEUTDEHH222
COMMERZBANK VORMALS DRESDNER BANK, LÜBECK
Sort. code: 23080040, BIC: DRESDEFF230
SEB, LÜBECK
Sort. code: 23010111, BIC: ESSEDE5F230
HSH NORDBANK HAMBURG, HAMBURG
Sort. code: 20050000, BIC: HSHNDEHH200
SPARKASSE ZU LÜBECK, LÜBECK
Sort. code: 23050101, BIC: NOLADE21SPL
Turnover: 2010 EUR 229,524,400.00
2011 EUR 229,600,000.00
Profit: 2010 EUR 60,547,076.00
further business figures:
Equipment: EUR 21,478,617.00
Ac/ts receivable: EUR 402,686,405.00
Liabilities: EUR 180,155,416.00
Employees:
1,628
- thereof permanent
staff:
809
Balance sheet ratios
01.01.2010 - 31.12.2010
Equity ratio [%]: 69.43
Liquidity ratio: 2.61
Return on total capital
[%]: 25.31
Balance sheet ratios
01.01.2009 - 31.12.2009
Equity ratio [%]: 100.00
Liquidity ratio: 10.00
Return on total capital
[%]: 4.60
Balance sheet ratios
01.01.2008 - 31.12.2008
Equity ratio [%]: 100.00
Liquidity ratio: 10.00
Return on total capital
[%]: 4.14
Balance sheet ratios
01.01.2007 - 31.12.2007
Equity ratio [%]: 100.00
Liquidity ratio: 10.00
Return on total capital
[%]: 5.43
Equity ratio
The equity ratio indicates the portion of the equity as compared
to the total capital. The higher the equity ratio, the better the economic
stability (solvency) and thus the financial autonomy of a company.
Liquidity ratio
The liquidity ratio shows the proportion between adjusted receivables and net liabilities. The higher
the ratio, the lower the company's
financial dependancy from external creditors.
Return on total capital
The return
on total capital shows the efficiency and return on the total capital employed
in the company. The higher the return on total capital, the more economically
does the company work with the invested capital.
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 821,704,450.63
Fixed assets EUR 305,869,604.38
Intangible assets EUR 9,430,129.00
Concessions, licences,
rights EUR 9,430,129.00
Tangible assets EUR 29,690,521.40
Land / similar
rights EUR 3,622,943.00
Plant / machinery EUR 396,289.00
Other tangible assets /
fixtures and
fittings EUR 21,478,617.00
Advance payments made /
construction
in progress EUR 4,192,672.40
Financial assets EUR 266,748,953.98
Shares in participations
/
subsidiaries and the
like EUR 259,907,926.55
Shares in related
companies EUR 259,897,926.55
Shares in investee
companies EUR 10,000.00
Loans to participations
/
subsidiaries and the
like EUR 5,104,764.72
Loans to related
companies EUR 5,104,764.72
Other loans EUR 1,736,262.71
Current assets EUR 509,918,446.74
Stocks EUR 105,099,897.29
Raw materials,
consumables and
supplies EUR 55,029,731.68
Finished goods / work in
progress EUR 53,250,600.93
Minus received advance
payments for
orders / installments
for stocks EUR -3,180,435.32
Accounts receivable EUR 402,686,404.94
Trade debtors EUR 55,608,264.53
Amounts due from related
companies EUR 341,584,474.42
Other debtors and
assets EUR 5,493,665.99
Liquid means EUR 2,132,144.51
Remaining other
assets EUR 5,916,399.51
Accruals (assets) EUR 1,230,937.51
Other assets EUR 4,685,462.00
LIABILITIES EUR 821,704,450.63
Shareholders' equity EUR 529,796,739.83
Capital EUR 200,000.00
Subscribed capital
(share capital) EUR 200,000.00
Reserves EUR
529,596,739.83
Capital reserves EUR 529,596,739.83
Provisions EUR 111,752,295.28
Pension provisions and
comparable
provisions EUR 34,153,851.00
Provisions for taxes EUR 16,020,558.06
Other / unspecified
provisions EUR 61,577,886.22
Liabilities EUR 180,155,415.52
Financial debts EUR 121,921.30
Liabilities due to
banks EUR 121,921.30
Other liabilities EUR 180,033,494.22
Trade creditors (for IAS
incl. bills
of exchange) EUR 49,615,776.88
Liabililties due to
related companiesEUR
127,081,366.52
Unspecified other
liabilities EUR 3,336,350.82
Guarantees and other
commitments EUR 60,000,000.00
Other guarantees and
other commitmentsEUR 60,000,000.00
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Sales EUR 229,524,400.20
Inventory change + own
costs (+/-) EUR -11,919,137.42
Inventory change (+/-) EUR -12,354,195.61
Capitalised own
costs EUR 435,058.19
Other operating
income EUR 26,296,473.47
Cost of materials EUR 112,426,812.34
Raw materials and
supplies, purchased
goods EUR 106,596,069.60
Purchased services EUR 5,830,742.74
Gross result (+/-) EUR 131,474,923.91
Staff expenses EUR 34,532,025.54
Wages and salaries EUR 29,164,120.45
Social security
contributions and
expenses for pension
plans and
benefits EUR 5,367,905.09
Total depreciation EUR 2,793,308.18
Depreciation on tangible
/ intangible
asssets (incl. start-up
and exp. of
bus. EUR 2,793,308.18
Other operating
expenses EUR 71,526,941.64
Operating result from
continuing
operations EUR 22,622,648.55
Result from participating
interests
(+/-) EUR 138,534,945.55
Expenses / income from
participations EUR 138,534,945.55
Income from transfer of
profits EUR 68,136,142.50
Income from related
companies EUR 70,398,803.05
Interest result (+/-) EUR -3,587,864.48
Interest and similar
income EUR 938,036.69
thereof from related
companies EUR 907,861.12
Interest and similar
expenses EUR 4,525,901.17
thereof paid to related
companies EUR 1,891,841.76
Other financial
result EUR 50,593.06
Income from securities
and loans from
financial assets EUR 50,779.06
Depreciation on financial
assets and
marketable
securities EUR 186.00
Financial result
(+/-) EUR 134,997,674.13
Result from ordinary
operations (+/-) EUR 157,620,322.68
Extraordinary income EUR 328,712.56
Extraordinary
expenses EUR 86,159,990.61
Extraordinary result
(+/-) EUR -85,831,278.05
Other extraordinary
income EUR -159,883.76
Expenses for transfer of
profits to a
parent company EUR 60,547,075.83
Income tax / refund of
income tax (+/-)EUR -11,073,271.60
Other taxes / refund of
taxes EUR -8,813.44
Tax (+/-) EUR -11,082,085.04
Annual surplus / annual
deficit EUR 0.00
Type of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 648,858,608.92
Fixed assets EUR 648,858,608.92
Financial assets EUR 648,858,608.92
Other / unspecified
financial assets EUR
648,858,608.92
LIABILITIES EUR 648,858,608.92
Shareholders' equity EUR 529,696,739.83
Capital EUR 100,000.00
Subscribed capital
(share capital) EUR 100,000.00
Reserves EUR 529,596,739.83
Capital reserves EUR 529,596,739.83
Liabilities EUR 119,161,869.09
thereof total due to
shareholders EUR 119,161,869.09
Other liabilities EUR 119,161,869.09
Liabililties due to
related companiesEUR
119,161,869.09
PROFIT AND LOSS ACCOUNT
(cost-summary method) according to Comm.
Code (HGB)
Other operating
expenses EUR -11,250.77
Operating result from
continuing
operations EUR 11,250.77
Result from participating
interests
(+/-) EUR 32,174,250.00
Expenses / income from
participations EUR 32,174,250.00
Interest result (+/-) EUR 39,634.78
Interest and similar
income EUR 1,904,293.03
Interest and similar
expenses EUR 1,864,658.25
Financial result
(+/-) EUR 32,213,884.78
Result from ordinary
operations (+/-) EUR 32,225,135.55
Income from assumption of
loss by
parent company EUR -28,008,216.34
Expenses for transfer of
profits to a
parent company EUR 1,835,314.31
Income tax / refund of income tax
(+/-)EUR -2,359,103.36
Tax (+/-) EUR -2,359,103.36
Annual surplus / annual
deficit EUR 22,501.54
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.54.39 |
|
UK Pound |
1 |
Rs.87.78 |
|
Euro |
1 |
Rs.71.29 |
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.