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MIRA INFORM REPORT

 

 

Report Date :

16.02.2012

 

 

 

Tel. No.:

+54 02322 49 6088

 

IDENTIFICATION DETAILS

 

Name :

DALFILM S.A.

 

 

Registered Office :

Avda.Pte.Roque S.Peña 788, 9o.floor, City of Buenos Aires

 

 

Country :

Argentina

 

 

Date of Incorporation :

13.11.1989

 

 

Com. Reg. No.:

No.9373,Lo.107

 

 

Legal Form :

Limited Company

 

 

Line of Business :

Manufacture and Commercialization of Plastic Packs

 

 

No. of Employees :

34

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Argentina

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Registered Name   

  

DALFILM S.A.

 

CUIT No.: 30-63619715-3

 

 

Summary   

  

INITIATED IN 1989. BEGINNER OF THE ACTIVITIES. DUE TO ITS POLICY, NO FINANCIAL INFORMATION IS SUPPLIED TO THIRD PARTIES. NOT REGISTERED NEGATIVE. FIT FOR OPERATIONS OF MODERATED IMPORTANCE WITH THE ADOPTION OF ADDITIONAL GUARANTEES. 

 

 

Operations   

  

PLASTIC PACKS

MANUFACTURE

COMMERCIALIZATION

 

 

Legal Structure   

  

Business type:              Limited Company

Incorporated:                 13/11/1989

Registered R.P.C.:         26/12/1989 No.9373,Lo.107

Duration:                       99 year

End of fiscal yr:              31/12

 

 

Contact   

  

Mss. Eugenia Pellegrini

 

Legal address: Avda.Pte.Roque S.Peña 788, 9o.floor, City of Buenos Aires, Republic Argentina.

 

Operative address adn administrative: Pte. Frondizi No. 2501 (1629), Pilar, Province of Buenos Aires, Republic Argentina.

 

Phonefax: 5918-0100

E.Mail: info@film.com.ar

eugenia-pellegrini@dalfilm.com.ar

Web:                www.dalfilm.com.ar

 

Partners   

  

President:            GERZENSTEIN HECTOR DANIEL

Director:             GERZENSTEIN ANDRES GUSTAVO

Alternate Director:   TESELMAN NORMA CORINA      

 

Use of signature: President and Vicepresident.

 

 

Corporate Stock   

  

CORPORATE STOCK $ 1.301.278.-

 

 

Personal Information   

 

 GERZENSTEIN HECTOR DANIEL:

argentinian, married, born on 25/01/1952, DNI.No. 10.266.148, Engineer.

 

 

History   

 

 Although directors can not provide details about the particular procedure to be by data in our possession the owner has been organized in order to address the exploitation of activities being conducted by observing that found originally established in Calle 113 (Alvear) No.2404, Munro, Buenos Aires Province.

 

In the above, it adds that it is related to the firm SILILABEL SA on which no details are obtained.

 

 

Economic-Financial Position   

  

Continued with the policy of not provided financial information to third parties.

 

Through third parties, it appears that the present assets and liabilities of the company may be represented by the following figures:

 

ASSETS CURRENT                   $ 14.000.000

 

ASSETS NON-CURRENT           $  2.000.000

 

LIABILITIES CURRENT               $ 10.400.000

 

LIABILITIES NON-CURRENT       $  1.500.000

 

NET WORK                               $  4.100.000

 

Sales annual is $ 41.500.000.-

 

 

Assets   

  

There is no knowledge that the owner register your name, property tenure and / or boulders that increase their wealth.

 

Respect of the property it occupies with its operational headquarters, noted that it is taken on lease by sum and under conditions that are not known.

  

 

Parent/Related Companies   

  

SILILABEL S.A.

 

 

Evolution and Results   

  

As was stated early, the owner is engaged in manufacturing and industrialization of plastic containers for such a purpose industrial plant properly assembled and fitted with modern technology, according to the demands of a highly demanding market.

 

Personally attend the stakeholders, who provide jobs to staffing, observed in his time of the interview interesting level of production.

 

Conducts imports from Brazil and India, not being known his foray into the export market.

 

FOREIGN TRADE:

--------------

In the order above, in the last twelve months in office, has completed operations for U$S 54.681.

 

* 34 EMPLOYEES.

 

MAIN SUPPLIERS:

---------------

KLOCKNER S.A.

OPP FILM ARGENTINA S.A.

 

On March 19, 2010 was an embargo by the AFIP Record 18193/2010 dealt with the Court 568 for a total of $ 57,608.42 plus interest of $ 8,641.26 which was solved immediately.

 

 

Payment Record and Credit Risk   

  

BBVA BANCO FRANCES S.A.      Branch Pilar

BANCO SANTANDER RIO S.A.     Branch Pilar

NUEVO BANCO INDUSTRIAL DE AZUL Branch Pilar

BANCO DE GALICIA Y BUENOS AIRES Branch Pilar

 

CREDIT RISK:

------------

DECEMBER 2011

 

BANCO INDUSTRIAL     12/11  1 901,700

FRANCES S.A.             12/11  1 675,300

SANTANDER RIO          12/11  1 275,900- 

AMERICAN EXPRESS  12/11  1 12,000

 

Situación 1 = normal.

 

INSURANCES:

-----------

ZURICH S.A.

 

 

Concept   

  

It maintains operations with national and international companies. Some of them give it their credit support by amounts of varied importance and in normal conditions for the sector, not making up to now objections about its payment recorrd.

 

* FULFILLMENT: NOT OBJECTED

 

 

Final Opinion   

  

Bearing in mind the lack of negative records, we consider feasible the credit treatment with this company by amounts of medium importance and with the addoption of additional appropriate guarantees.

 

* FIT FOR OPERATIONS OF MODERATED IMPORTANCE WITH THE ADOPTION OF ADDITIONAL GUARANTEES.

 

 

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.29

UK Pound

1

Rs.77.45

Euro

1

Rs.64.89

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

--

NB

                                       New Business

 

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.