MIRA
INFORM REPORT
|
Report Date : |
08.02.2012 |
Supplement
We refer to your enquiry
of 21.07.2011. In the meantime there
have been changes in particular in the following areas subject to
monitoring: - Balance sheets
Company name
Liba-Maschinenfabrik Gesellschaft mit beschränkter
Haftung
Company address
Oberklingensporn 2-3
D 95119 Naila
Post Box:
11 20, D 95112 Naila
Telephone: 09282/670
Telefax: 09282/5737
Homepage: www.liba.de
E-mail: info@liba.de
VAT no
DE132951767
Tax ID number
223/131/40028
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 1947
Registered on: 27.03.1947
Commercial Register: Local
court 95030 Hof
under: HRB 56
Share capital:
EUR 3,500,000.00
Shareholder
Karlheinz Liebrandt
Schlehenweg 11
D 95119 Naila
born: 31.08.1958
Share: EUR 2,208,500.00
Shareholder:
Thomas Liebrandt
Schlehenweg 5
D 95119 Naila
born: 09.08.1961
Share: EUR 1,291,500.00
Manager
Herbert Igler
Kleinvichtach 1
D 96364 Marktrodach
having sole power of representation
born: 22.02.1959
Profession: Business consultant
Marital status: married
Manager:
Karlheinz Liebrandt
Schlehenweg 11
D
95119 Naila
having
sole power of representation
born: 31.08.1958
Profession: Fully qualified engineer
Manager:
Thomas
Liebrandt
Schlehenweg 5
D
95119 Naila
having
sole power of representation
born:
09.08.1961
Profession: Management expert
Further
functions/participations of Herbert Igler (Manager)
Limited partner:
S.K.I.B. Invest GmbH & Co. KG
Bürgermeister-Mahr-Str. 18
D
63179 Obertshausen
Legal
form: Ltd partnership with priv. ltd.
company as general partner
Total
cap. EUR 8,000.00
contribution:
Share: EUR 2,000.00
Registered
on: 15.03.2010
Reg.
data: 63065 Offenbach, HRA 41416
Practising person:
Herbert Igler
Peuntstr. 24 OT Oberrodach
D
96364 Marktrodach
Legal
form: Independent profession
Proxy:
PWG
Profilrollen-Werkzeugbau GmbH & Co. KG
Rathausstr. 5
D
96342 Stockheim
Legal
form: Ltd partnership with priv. ltd.
company as general partner
dissolved
Total
cap. EUR 95,000.00
contribution:
Registered
on: 29.01.2003
Reg.
data: 96450 Coburg, HRA 4028
Proxy:
ALF-Engineering GmbH
Rathausstr. 5
D
96342 Stockheim
Legal
form: Private limited company
dissolved
Share
capital: EUR 30,000.00
Registered
on: 22.01.2003
Reg.
data: 96450 Coburg, HRB 3646
Further
functions/participations of Karlheinz Liebrandt (Manager)
Shareholder:
LIBA-Mitarbeiterbeteiligungs-GmbH
Oberklingensporn
D
95119 Naila
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 14.01.2003
Reg.
data: 95030 Hof, HRB 3495
Shareholder:
ROCET
GmbH
Oberklingensporn 1
D
95119 Naila
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 11,250.00
Registered
on: 27.07.2007
Reg.
data: 95030 Hof, HRB 4238
Further functions/participations of
Thomas Liebrandt (Manager)
Shareholder:
LIBA-Mitarbeiterbeteiligungs-GmbH
Oberklingensporn
D
95119 Naila
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 14.01.2003
Reg.
data: 95030 Hof, HRB 3495
Manager:
ROCET
GmbH
Oberklingensporn 1
D 95119 Naila
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 27.07.2007
Reg.
data: 95030 Hof, HRB 4238
Manager:
LIBA-Mitarbeiterbeteiligungs-GmbH
Oberklingensporn
D
95119 Naila
Legal
form: Private limited company
Share
capital: EUR 25,000.00
Registered
on: 14.01.2003
Reg.
data: 95030 Hof, HRB 3495
RESIGNED ACTING PERSONS AND
SHAREHOLDERS
14.07.2009 -
19.08.2009 Manager
Jens Buchberger
D 20095 Hamburg
BUSINESS ACTIVITIES
Main industrial
sector
28940 Manufacture of machinery for textile,
apparel and leather production
Secondary industrial sector
28290 Manufacture of other general-purpose
machinery
PARTICIPATIONS
Shareholder:
LUCEM
GmbH
Prattelsackstr. 25
D
52222 Stolberg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 48,963.00
Share: EUR 4,145.00
Reg.
data: 23.05.2007
Local court 52070 Aachen
HRB 14222
FINANCIAL INFORMATION
Payment experience: within
agreed terms
Negative information: We
have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Oberklingensporn 2-3
D 95119 Naila
Real Estate of: Herbert Igler
Type of ownership: part owner
Share: 50.00 %
Address Peuntstr. 24 OT Oberrodach
D 96364 Marktrodach
Land register documents were not available.
BANKERS
Principal bank
COMMERZBANK VORMALS
DRESDNER BANK ZW 53, HOF, SAALE
Sort. code: 76080053, BIC:
DRESDEFFAGI
Further banks
UNICREDIT BANK - HYPOVEREINSBANK, HOF, SAALE
Sort. code: 78020070, BIC: HYVEDEMM424
LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK,
STUTTGART
Sort. code: 60050101, BIC: SOLADEST600
COMMERZBANK VORMALS DRESDNER BANK, HOF, SAALE
Sort. code: 76080040, BIC: DRESDEFF760
SPARKASSE HOCHFRANKEN, NAILA
Sort. code: 78050000, BIC: BYLADEM1HOF
COMMERZBANK HOF SAALE, HOF, SAALE
Sort. code: 78040081, BIC: COBADEFF780
POSTBANK, NÜRNBERG, MITTELFR
Sort. code: 76010085, BIC: PBNKDEFF760
GARANTIBANK INTERNATIONAL, DÜSSELDORF
Sort. code: 30130200, BIC: UGBIDEDDXXX
FINANCIAL FIGURES
Turnover: 2010 EUR 53,723,714.00
Profit: 2010 EUR 404,196.00
Equipment: EUR 737,035.00
Ac/ts receivable: EUR 14,338,821.00
Liabillities: EUR 5,972,493.00
Employees:
368
-
thereof permanent staff: 318
-
Part-time employees: 20
-
Trainees:
30
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 26.59
Liquidity ratio: 2.54
Return on total capital [%]: 1.67
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 26.37
Liquidity ratio: 6.19
Return on total capital [%]: -2.60
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 22.41
Liquidity ratio: 1.77
Return on total capital [%]: 2.95
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 19.41
Liquidity ratio: 1.41
Return on total capital [%]: 1.96
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.
Balance
sheet grade
The balance sheet
grade is based on the following ratios: equity ratio, liquidity ratio and
return on total capital from the balance sheets published in the Federal
Gazette
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 28,446,463.82
Fixed assets
EUR 2,998,600.32
Intangible assets
EUR 21,288.00
Concessions, licences, rights
EUR 21,288.00
Tangible assets
EUR 2,612,370.73
Land / similar rights
EUR 1,595,463.83
Plant / machinery
EUR 279,872.00
Other tangible assets / fixtures and
fittings
EUR 737,034.90
Financial assets
EUR 364,941.59
Shares in participations /
subsidiaries and the like
EUR 364,941.59
Shares in related companies
EUR 153,725.59
Shares in investee companies
EUR 211,216.00
Current assets
EUR 24,586,894.86
Stocks
EUR 10,060,463.22
Raw materials, consumables and
supplies
EUR 4,628,014.89
Finished goods / work in progress
EUR 7,024,197.50
Advance payments made
EUR 450,000.11
Minus received advance payments for
orders / installments for stocks
EUR -2,041,749.28
Accounts receivable
EUR 14,338,820.75
Trade debtors
EUR 7,070,835.03
Amounts due from related companies
EUR 6,458,909.81
Other debtors and assets
EUR 809,075.91
Liquid means
EUR 187,610.89
Remaining other assets
EUR 860,968.64
Accruals (assets) EUR 446,245.29
Deferred taxes (assets)
EUR 414,723.35
LIABILITIES EUR 28,446,463.82
Shareholders' equity
EUR 7,448,469.28
Capital
EUR 3,500,000.00
Subscribed capital (share capital)
EUR 3,500,000.00
Reserves
EUR 261,350.00
Capital reserves
EUR 261,350.00
Balance sheet profit/loss (+/-)
EUR 3,687,119.28
Profit / loss brought forward
EUR 3,301,160.35
Annual surplus / annual deficit
EUR 385,958.93
Provisions EUR 15,025,501.66
Pension provisions and comparable
provisions
EUR 11,792,945.00
Provisions for taxes
EUR 281,374.24
Other / unspecified provisions
EUR 2,951,182.42
Liabilities
EUR 5,972,492.88
Financial debts
EUR 223,737.24
Liabilities due to banks
EUR 223,737.24
Other liabilities EUR
5,748,755.64
Trade creditors (for IAS incl. bills
of exchange)
EUR 1,948,287.52
Unspecified other liabilities
EUR 3,800,468.12
thereof liabilities from tax /
financial authorities
EUR 20,393.82
thereof liabilities from social
security
EUR 74,010.92
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales EUR 53,723,714.14
Inventory change + own costs (+/-)
EUR 140,156.57
Inventory change (+/-)
EUR 127,140.10
Capitalised own costs
EUR 13,016.47
Other operating income
EUR 918,726.69
Cost of materials
EUR 26,268,936.50
Raw materials and supplies, purchased
goods
EUR 24,526,767.43
Purchased services EUR 1,742,169.07
Gross result (+/-)
EUR 28,513,660.90
Staff expenses
EUR 19,013,264.29
Wages and salaries
EUR 14,717,253.28
Social security contributions and
expenses for pension plans and
benefits
EUR 4,296,011.01
Total depreciation
EUR 697,522.38
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 697,522.38
Other operating expenses
EUR 7,520,496.08
Operating result from continuing
operations
EUR 1,282,378.15
Interest
result (+/-) EUR -912,570.59
Interest and similar income
EUR 44,326.64
Interest and similar expenses
EUR 956,897.23
Financial result (+/-)
EUR -912,570.59
Result from ordinary operations (+/-)
EUR 369,807.56
Extraordinary expenses
EUR 71,001.00
Extraordinary result (+/-)
EUR -71,001.00
Expenses for transfer of profits to a
parent
company EUR 18,237.40
Income tax / refund of income tax (+/-)EUR 130,303.51
Other taxes / refund of taxes
EUR -24,913.74
Tax
(+/-)
EUR 105,389.77
Annual surplus / annual deficit
EUR 385,958.93
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 27,569,801.09
Fixed
assets EUR 3,312,929.32
Intangible assets
EUR 42,593.00
Other / unspecified intangible assetsEUR 42,593.00
Tangible assets
EUR 2,911,609.73
Land / similar rights
EUR 1,696,460.83
Plant / machinery
EUR 556,138.00
Other tangible assets / fixtures and
fittings
EUR 657,213.90
Advance payments made / construction
in progress
EUR 1,797.00
Financial assets
EUR 358,726.59
Shares in participations /
subsidiaries and the like
EUR 153,726.59
Shares in related companies
EUR 153,725.59
Shares in investee companies
EUR 1.00
Other loans
EUR 205,000.00
Current assets
EUR 24,251,001.15
Stocks
EUR 9,991,737.72
Raw materials, consumables and
supplies
EUR 3,924,156.17
Finished goods / work in progress
EUR 6,897,057.40
Advance payments made
EUR 233,748.43
Minus received advance payments for
orders / installments for stocks
EUR -1,063,224.28
Accounts receivable
EUR 12,352,373.45
Amounts due from shareholders
EUR 289,381.62
Trade debtors
EUR 4,835,316.34
Amounts due from related companies
EUR 6,014,076.02
Other debtors and assets
EUR 1,213,599.47
Liquid means EUR 1,906,889.98
Remaining other assets
EUR 5,870.62
Accruals (assets)
EUR 5,870.62
LIABILITIES EUR 27,569,801.09
Shareholders' equity
EUR 7,420,414.67
Capital
EUR 4,119,254.32
Subscribed capital (share capital)
EUR 3,500,000.00
Other capital
EUR 619,254.32
Balance sheet profit/loss (+/-)
EUR 3,301,160.35
Profit / loss brought forward
EUR 4,008,876.58
Annual surplus / annual deficit
EUR -707,716.23
Items between shareholders' equity and
debt capital
EUR 0.00
Provisions
EUR 16,213,870.28
Pension provisions and comparable
provisions
EUR 13,613,548.00
Other / unspecified provisions
EUR 2,600,322.28
Liabilities
EUR 3,935,516.14
Financial debts
EUR 2,065,223.53
Liabilities due to banks
EUR 2,065,223.53
Other liabilities
EUR 1,870,292.61
Trade creditors (for IAS incl. bills
of exchange)
EUR 561,568.81
Liabilities due to shareholders
EUR 79,096.35
Unspecified other liabilities
EUR 1,229,627.45
thereof liabilities from tax /
financial authorities
EUR 218,666.59
thereof liabilities from social
security
EUR 159,229.92
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 39,194,436.79
Inventory change + own costs (+/-)
EUR -2,706,094.46
Inventory change (+/-) EUR -2,706,094.46
Other operating income
EUR 539,834.38
Cost of materials
EUR 15,806,373.06
Raw materials and supplies, purchased
goods
EUR 14,985,931.84
Purchased services
EUR 820,441.22
Gross result (+/-)
EUR 21,221,803.65
Staff expenses
EUR 15,242,021.06
Wages and salaries EUR
11,280,463.71
Social security contributions and
expenses for pension plans and
benefits
EUR 3,961,557.35
Total depreciation
EUR 871,715.48
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 871,715.48
Other operating expenses
EUR 5,557,607.94
Operating result from continuing
operations EUR -449,540.83
Interest result (+/-)
EUR -329,199.51
Interest and similar income
EUR 33,630.47
Interest and similar expenses
EUR 362,829.98
Other financial result
EUR 10,217.12
Income from securities and loans from
financial assets
EUR 10,217.12
Financial result (+/-)
EUR -318,982.39
Result from ordinary operations (+/-)
EUR -768,523.22
Income tax / refund of income tax (+/-)EUR 85,818.83
Other taxes / refund of taxes
EUR -25,011.84
Tax
(+/-)
EUR 60,806.99
Annual surplus / annual deficit
EUR -707,716.23
MIRA
INFORM REPORT
|
Prepared for : |
Bank of Baroda - Surat - IBB |
|
|
|
|
Your Ref. No.: |
Jindal Rayons Pvt Ltd L/C 513/11 |
|
Report No. : |
149018 |
|
Inquiry Date : |
20.07.2011 |
|
Report Date : |
23.07.2011 |
INQUIRY DETAILS
|
Given Name : |
Libamaschinenfabrik Gmbh |
|
|
|
|
Given Address : |
Post Facst 1120, D-95112 Nalia, Germany |
IDENTIFICATION DETAILS
|
Name : |
LIBA - MASCHINENFABRIK
GESELLSCHAFT MITBESCHRÄNKTER HAFTUNG |
|
|
|
|
Registered Office : |
Oberklingensporn
2-3 D 95119 Naila Post Box: 11 20, D 95112 Naila |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2009 |
|
|
|
|
Date of Incorporation : |
27.03.1947 |
|
|
|
|
Com. Reg. No.: |
HRB 56 |
|
|
|
|
Legal Form : |
Private
Limited Company |
|
|
|
|
Line of Business : |
Manufacture
of other general-purpose machinery |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Maximum Credit Limit : |
250,000
EUR |
|
Status : |
Good |
|
Payment Behaviour : |
Usually 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, 2011
|
Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Company name & address
Liba-Maschinenfabrik Gesellschaft mitbeschränkter Haftung
Company Status: active
Main address:
Oberklingensporn 2-3
D 95119 Naila
Post Box:
11 20, D 95112 Naila
Telephone:09282/670
Telefax: 09282/5737
Homepage: www.liba.de
E-mail: info@liba.de
VAT no.
DE132951767
Tax ID number
223/131/40028
CONCLUSION
Business relations are
permissible.
Registration data
LEGAL FORM Private
limited company
Date of foundation: 1947
Registered on: 27.03.1947
Commercial Register: Local court 95030 Hof
under: HRB
56
Share capital
EUR 3,500,000.00
Shareholder
Karlheinz Liebrandt
Schlehenweg 11
D 95119 Naila
born: 31.08.1958
Share: EUR 2,208,500.00
Shareholder:
Thomas Liebrandt
Schlehenweg 5
D 95119 Naila
born: 09.08.1961
Share: EUR 1,291,500.00
Manager:
Herbert Igler
Peuntstr. 24 OT Oberrodach
D 96364 Marktrodach
having sole power of representation
born: 22.02.1959
Profession: Business consultant
Marital status: married
Manager:
Karlheinz Liebrandt
Schlehenweg 11
D 95119 Naila
having sole power of representation
born: 31.08.1958
Profession: Fully qualified engineer
Manager:
Thomas Liebrandt
Schlehenweg 5
D 95119 Naila
having sole power of representation
born: 09.08.1961
Profession: Management expert
Further functions/participations of
Herbert Igler (Manager)
Limited partner:
S.K.I.B. Invest GmbH & Co. KG
Bürgermeister-Mahr-Str. 18
D 63179 Obertshausen
Legal form: Ltd partnership with priv. ltd.
company as general partner
Total cap. EUR 8,000.00
contribution:
Share: EUR 2,000.00
Registered
on: 15.03.2010
Reg. data: 63065 Offenbach,
HRA 41416
Practising
person:
Herbert Igler
Peuntstr. 24 OT Oberrodach
D 96364 Marktrodach
Legal form: Independent profession
Proxy:
PWG Profilrollen-Werkzeugbau GmbH & Co. KG
Rathausstr. 5
D 96342 Stockheim
Legal form: Ltd partnership with priv. ltd.
company as general partner
dissolved
Total cap. EUR 95,000.00
contribution:
Registered
on: 29.01.2003
Reg. data: 96450 Coburg,
HRA 4028
Proxy:
ALF-Engineering GmbH
Rathausstr. 5
D 96342 Stockheim
Legal form: Private limited company
dissolved
Share capital: EUR 30,000.00
Registered
on: 22.01.2003
Reg. data: 96450 Coburg,
HRB 3646
Further functions/participations of
Karlheinz Liebrandt (Manager)
Shareholder:
LIBA-Mitarbeiterbeteiligungs-GmbH
Oberklingensporn
D 95119 Naila
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 14.01.2003
Reg. data: 95030 Hof, HRB
3495
Shareholder:
ROCET GmbH
Oberklingensporn 1
D 95119 Naila
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 11,250.00
Registered
on: 27.07.2007
Reg. data: 95030 Hof, HRB
4238
Further functions/participations of
Thomas Liebrandt (Manager)
Shareholder:
LIBA-Mitarbeiterbeteiligungs-GmbH
Oberklingensporn
D 95119 Naila
Legal form: Private limited company
Share capital: EUR 25,000.00
Share: EUR 12,500.00
Registered
on: 14.01.2003
Reg. data: 95030 Hof, HRB
3495
Manager:
LIBA-Mitarbeiterbeteiligungs-GmbH
Oberklingensporn
D 95119 Naila
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 14.01.2003
Reg. data: 95030 Hof, HRB
3495
Manager:
ROCET GmbH
Oberklingensporn 1
D 95119 Naila
Legal form: Private limited company
Share capital: EUR 25,000.00
Registered
on: 27.07.2007
Reg. data: 95030 Hof, HRB
4238
RESIGNED ACTING PERSONS AND
SHAREHOLDERS
14.07.2009 -
19.08.2009 Manager
Jens Buchberger
D
20095 Hamburg
BUSINESS ACTIVITIES
Sectors
28290 Manufacture of other general-purpose
machinery
PARTICIPATIONS
Shareholder:
LUCEM GmbH
Prattelsackstr. 25
D 52222 Stolberg
Legal form: Private limited company
Company Status: active
Share capital: EUR 48,963.00
Share: EUR 4,145.00
Reg. data: 23.05.2007
Local court 52070 Aachen
HRB 14222
FINANCIAL INFORMATION
Payment experience: within agreed terms
Negative information:We
have no negative information at hand.
Maximum credit: 250,000 EUR
Balance sheet year: 2009
REAL ESTATE
Type of ownership: proprietor
Share: 100.00 %
Address Oberklingensporn 2-3
D
95119 Naila
Real Estate of: Herbert Igler
Type of ownership: part owner
Share: 50.00 %
Address Peuntstr. 24 OT Oberrodach
D
96364 Marktrodach
Land register documents
were not available.
BANKERS
Principal bank
COMMERZBANK VORMALS
DRESDNER BANK ZW 53, HOF, SAALE
Sort. code: 76080053, BIC:
DRESDEFFAGI
Further banks
UNICREDIT BANK -
HYPOVEREINSBANK, HOF, SAALE
Sort. code: 78020070, BIC:
HYVEDEMM424
COMMERZBANK VORMALS
DRESDNER BANK, HOF, SAALE
Sort. code: 76080040, BIC:
DRESDEFF760
SPARKASSE HOCHFRANKEN,
NAILA
Sort. code: 78050000, BIC:
BYLADEM1HOF
COMMERZBANK HOF SAALE, HOF,
SAALE
Sort. code: 78040081, BIC:
COBADEFF780
SPARKASSE HOCHFRANKEN, HOF,
SAALE
Sort. code: 78050000, BIC:
BYLADEM1HOF
POSTBANK, NÜRNBERG,
MITTELFR
Sort. code: 76010085, BIC:
PBNKDEFF760
GARANTIBANK INTERNATIONAL,
DÜSSELDORF
Sort. code: 30130200, BIC:
UGBIDEDDXXX
FINANCIAL FIGURES
Turnover: 2009 EUR 39,194,437.00
Profit: 2009 EUR -707,716.00
Equipment: EUR 657,213.00
Ac/ts receivable: EUR 12,352,373.00
Liabillities: EUR 3,935,516.00
Employees:
337
-
thereof permanent staff:
314
-
Trainees:
23
BALANCE SHEETS
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 26.37
Liquidity ratio: 6.19
Return on total capital [%]: -2.60
Balance sheet grade: 3.2
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 22.41
Liquidity ratio: 1.77
Return on total capital [%]: 2.95
Balance sheet grade: 2.9
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 19.41
Liquidity ratio: 1.41
Return on total capital [%]: 1.96
Balance sheet grade: 3.0
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.
Balance sheet grade
The balance sheet grade is
based on the following ratios: equity
ratio, liquidity ratio and
return on total capital from the
balance sheets published in
the Federal Gazette. It is calculated
in accordance with the
methodology of Euler Hermes. It ranges
from 1.0 (positive) to 5.0
(negative).
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 27,569,801.09
Fixed assets
EUR 3,312,929.32
Intangible assets
EUR 42,593.00
Other / unspecified intangible assetsEUR 42,593.00
Tangible assets
EUR 2,911,609.73
Land / similar rights
EUR 1,696,460.83
Plant / machinery
EUR 556,138.00
Other tangible assets / fixtures and
fittings
EUR 657,213.90
Advance payments made / construction
in progress
EUR 1,797.00
Financial assets EUR 358,726.59
Shares in participations /
subsidiaries and the like
EUR 153,726.59
Shares in related companies
EUR 153,725.59
Shares in investee companies
EUR 1.00
Other loans
EUR 205,000.00
Current assets
EUR 24,251,001.15
Stocks
EUR 9,991,737.72
Raw materials, consumables and
supplies EUR 3,924,156.17
Finished goods / work in progress
EUR 6,897,057.40
Advance payments made
EUR 233,748.43
Minus received advance payments for
orders / installments for stocks
EUR -1,063,224.28
Accounts receivable
EUR 12,352,373.45
Amounts due from shareholders
EUR 289,381.62
Trade debtors
EUR 4,835,316.34
Amounts due from related companies
EUR 6,014,076.02
Other debtors and assets
EUR 1,213,599.47
Liquid means
EUR 1,906,889.98
Remaining other assets
EUR 5,870.62
Accruals
(assets) EUR 5,870.62
LIABILITIES EUR 27,569,801.09
Shareholders' equity
EUR 7,420,414.67
Capital
EUR 4,119,254.32
Subscribed capital (share capital)
EUR 3,500,000.00
Other capital
EUR 619,254.32
Balance sheet profit/loss (+/-)
EUR 3,301,160.35
Profit / loss brought forward
EUR 4,008,876.58
Annual surplus / annual deficit
EUR -707,716.23
Items between shareholders' equity and
debt capital
EUR 0.00
Provisions
EUR 16,213,870.28
Pension provisions and comparable
provisions
EUR 13,613,548.00
Other / unspecified provisions
EUR 2,600,322.28
Liabilities
EUR 3,935,516.14
Financial debts
EUR 2,065,223.53
Liabilities due to banks
EUR 2,065,223.53
Other liabilities
EUR 1,870,292.61
Trade creditors (for IAS incl. bills
of exchange) EUR 561,568.81
Liabilities due to shareholders
EUR 79,096.35
Unspecified other liabilities
EUR 1,229,627.45
thereof liabilities from tax /
financial authorities
EUR 218,666.59
thereof liabilities from social
security
EUR 159,229.92
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 39,194,436.79
Inventory change + own costs (+/-)
EUR -2,706,094.46
Inventory change (+/-)
EUR -2,706,094.46
Other operating income
EUR 539,834.38
Cost of materials
EUR 15,806,373.06
Raw materials and supplies, purchased
goods
EUR 14,985,931.84
Purchased services
EUR 820,441.22
Gross result (+/-)
EUR 21,221,803.65
Staff expenses
EUR 15,242,021.06
Wages and salaries
EUR 11,280,463.71
Social security contributions and
expenses for pension plans and
benefits EUR 3,961,557.35
Total depreciation
EUR 871,715.48
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 871,715.48
Other operating expenses
EUR 5,557,607.94
Operating result from continuing
operations
EUR -449,540.83
Interest result (+/-)
EUR -329,199.51
Interest and similar income EUR 33,630.47
Interest and similar expenses
EUR 362,829.98
Other financial result
EUR 10,217.12
Income from securities and loans from
financial assets
EUR 10,217.12
Financial result (+/-)
EUR -318,982.39
Result from ordinary operations (+/-)
EUR -768,523.22
Income tax / refund of income tax (+/-)EUR 85,818.83
Other taxes / refund of taxes EUR -25,011.84
Tax
(+/-)
EUR 60,806.99
Annual surplus / annual deficit
EUR -707,716.23
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2008 - 31.12.2008
ASSETS EUR 33,525,547.70
Fixed assets
EUR 4,275,634.11
Intangible assets
EUR 81,239.00
Other / unspecified intangible assetsEUR 81,239.00
Tangible assets
EUR 3,868,668.52
Land / similar rights
EUR 1,982,876.62
Plant / machinery
EUR 905,820.00
Other tangible assets / fixtures and
fittings
EUR 978,174.90
Advance payments made / construction
in progress
EUR 1,797.00
Financial assets
EUR 325,726.59
Shares in participations /
subsidiaries and the like
EUR 135,726.59
Shares in related companies
EUR 125,359.46
Shares in investee companies
EUR 10,367.13
Other loans EUR 190,000.00
Current assets
EUR 29,144,750.74
Stocks
EUR 15,166,852.43
Raw materials, consumables and
supplies EUR
5,859,659.18
Finished goods / work in progress
EUR 9,603,151.86
Advance payments made
EUR 22,585.61
Minus received advance payments for
orders / installments for stocks
EUR -318,544.22
Accounts receivable
EUR 13,051,778.06
Amounts due from shareholders
EUR 53,999.77
Trade debtors
EUR 7,106,505.04
Amounts due from related companies
EUR 2,899,819.75
Amounts due from investee companies
EUR 1,637,088.42
Other debtors and assets
EUR 1,354,365.08
Liquid means
EUR 926,120.25
Remaining other assets EUR 105,162.85
Accruals (assets)
EUR 82,077.85
Deferred taxes (assets)
EUR 23,085.00
LIABILITIES EUR 33,525,547.70
Shareholders' equity
EUR 7,508,876.58
Capital
EUR 3,500,000.00
Subscribed capital (share capital)
EUR 3,500,000.00
Balance sheet profit/loss (+/-)
EUR 4,008,876.58
Profit
/ loss brought forward EUR 3,127,855.51
Annual surplus / annual deficit
EUR 881,021.07
Items between shareholders' equity and
debt capital
EUR 619,254.32
Mezzanine financing
EUR 619,254.32
Contributions of silent partners
EUR 619,254.32
Provisions
EUR 17,044,862.81
Pension provisions and comparable
provisions EUR
13,647,744.00
Provisions for taxes
EUR 95,504.00
Other / unspecified provisions
EUR 3,301,614.81
Liabilities
EUR 8,352,553.99
Financial debts EUR 3,336,016.39
Liabilities due to banks
EUR 3,336,016.39
Other liabilities
EUR 5,016,537.60
Trade creditors (for IAS incl. bills
of exchange) EUR
3,143,148.24
Liabilities due to shareholders
EUR 78,244.39
Liabililties due to related companiesEUR 60,103.38
Unspecified other liabilities
EUR 1,735,041.59
thereof liabilities from tax /
financial authorities
EUR 260,249.40
thereof liabilities from social
security
EUR 71,642.33
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 53,294,298.58
Inventory change + own costs (+/-)
EUR 1,131,056.26
Inventory change (+/-)
EUR 1,081,447.84
Capitalised own costs
EUR 49,608.42
Other operating income
EUR 822,457.26
Cost of materials
EUR 25,354,068.41
Raw materials and supplies, purchased
goods
EUR 24,054,386.91
Purchased services
EUR 1,299,681.50
Gross result (+/-)
EUR 29,893,743.69
Staff expenses
EUR 17,614,816.14
Wages and salaries
EUR 13,541,002.20
Social security contributions and
expenses for pension plans and
benefits
EUR 4,073,813.94
Total depreciation
EUR 1,126,597.53
Other operating expenses
EUR 9,135,049.13
Operating result from continuing
operations
EUR 2,017,280.89
Interest result (+/-)
EUR -559,314.22
Interest and similar income
EUR 170,046.63
Interest and similar expenses
EUR 729,360.85
Other financial result
EUR 27,118.03
Income from securities and loans from
financial assets
EUR 27,118.03
Financial
result (+/-) EUR -532,196.19
Result from ordinary operations (+/-)
EUR 1,485,084.70
Expenses for transfer of profits to a
parent company
EUR 104,877.01
Income tax / refund of income tax (+/-)EUR -474,546.83
Other taxes / refund of taxes
EUR -24,639.79
Tax
(+/-)
EUR -499,186.62
Annual surplus / annual deficit
EUR 881,021.07
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.92 |
|
|
1 |
Rs.77.31 |
|
Euro |
1 |
Rs.64.12 |
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.