MIRA INFORM REPORT
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Report Date : |
27.02.2012 |
IDENTIFICATION DETAILS
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Name : |
ONEMAR S.A. |
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Registered Office : |
Av.Cordoba 1332, 3o."1" (1055), Buenos Aires City, Repúblic |
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Country : |
Argentina |
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Financials (as on) : |
31.03.2010 |
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Date of Incorporation : |
14.06.1978 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Extraction and marketing of
marbles and granite quarries |
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No. of Employees
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55 |
RATING & COMMENTS
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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 : |
Good |
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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 – September 30th, 2011
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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Argentina |
b1 |
B1 |
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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 |
ONEMAR S.A.
C.U.I.T. No.: 30-57519520-9
INCORPORATED IN
1978 WITH THE OBJECTIVE OF PERFORMING ITS CURRENT ACTIVITIES. IS FOLLOWER OF
ACTIVITIES. BALANCE SHEET AT 31/03/2010: OPTIMA ECONOMIC-FINANCIAL POSITION
WITH GOOD FINAL RETURN. FIT FOR OPERATIONS OF CURRENT IMPORTANCE AND WITH
ADDITIONAL SECURITIES.
MARBLES AND GRANITE
QUARRIES
EXTRACTION
MARKETING
Legal form:
Public
limited company
Created: 14/06/1978
Registered R.P.C.: 20/10/1978
Duration: 99 years
End of fiscal year: 31 of
March
Accountant: Roberto
Sorrentino
Legal address: Av.Cordoba 1332, 3o."1" (1055), Buenos Aires City,
Repúblic of Argentina.
Administration and Deposit address: Brasil 42, Villa Martelli, Buenos Aires
Province, Repúblic of Argentina.
Phone: (54-11)4709-1443/5146
Fax: (54-11)4709-5147
President:
MARSILI OMAR NESTOR
Vicepresident: SORRENTINO JOSE ROBERTO
Director: INSUA LUIS ALBERTO
Director: GAZZERA ISCAR VICTOR
Director: TOSCANO FRANCISCO
Director: HOYOS ADRIANA HEBE
Director: TAIAROL MARIA CONCEPCION
The first two mentioned are responsible for the management and administration
of the company, in its capacity as managers using the firm name
interchangeably.
Social capital $
2.200.000
MARSILI OMAR NESTOR:
----------------------------------
argentino, married, born 30/09/1942, L.E. No. 4.399.600
This related with the following companies:
* PINO-HUE S.R.L. Partner
* MARMOLES MARSILI S.A. President
The company was
incorporated at the end of 1926 as uni staff by the Mr. Luis Marsili. In June
of 1978 continued as follower ONEMAR S.A. with the objective of performing its
current activities, operating at present in the previously exposed address.
Balance sheet at
31/03/2010, expressed in pesos:
ASSETS:
$
------
---
Disp.,Inv.,Créd.,etc.
14.400.883
Inventories
23.792.569
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Total current
38.193.452
Total non-current
3.674.741
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TOTAL ASSETS
41.868.193
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LIABILITIES:
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Debts
5.059.013
Salaries and social charges 213.264
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Total current
5.272.277
Total non-current
11.641.450
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Total liabilities
16.913.727
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Net worth
24.954.466
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LIAB. + NET WORTH
41.868.193
==========
STATEMENT INCOME:
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Net sales
40.777.162
Cost of sales
-21.512.249
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Gross profit
19.264.913
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Expenses comercializatión - 4.788,340
Expenses administratiòn - 5.110.941
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Sub-Total
9.365.632
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Others incomes and expenses - 3.042.948
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FINAL RESULT(GAIN)
6.322.684
==========
From the optical technique, the economic and financial
situation of the holder at year end at hand, could be considered of the
highest, since liquidity has been disposing of 4.73 7.24 own resources to meet
their current needs .
The return for the year was 15.50% of sales, setting all in practice a strong
financial position.
Balance Sheet
Balance Sheet/s 31/03/2009 31/03/2008
Total Assets $ 37.374.729,00 $ 35.638.070,00
Current Assets $ 33.964.846,00 $ 31.432.646,00
Banks $ 4.415.429,00 $ 4.086.243,00
Accounts Receivables $ 2.037.890,00 $ 1.885.958,00
Inventory $ 27.511.527,00 $ 18.915.050,00
Fixed Assets $ 3.409.883,00 $ 4.205.424,00
Non-Current Assets $ 3.409.883,00 $ 4.205.424,00
Investments $ 0,00 $ 0,00
Total Liabilities $ 18.712.907,00 $ 16.091.751,00
Current Liabilities $ 3.839.217,00 $ 2.075.229,00
Non-Current Liabilities $ 14.873.690,00 $ 14.016.522,00
StockHolders Equity $ 18.661.822,00 $ 19.546.319,00
Net Sales $ 41.806.914,00 $ 38.601.299,00
Cost of Good Sold $ 22.993.802,00 $ 21.310.031,00
Gross Result $ 18.813.112,00 $ 17.291.268,00
Administrative Expenses $ 0,00 $ 3.074.376,00
Selling Expenses $ 0,00 $ 3.924.189,00
Financial Income $ 0,00 $ 0,00
Other Expenses $ -11.883.244,00 $ -3.427.986,00
Final Result $ 6.929.868,00 $ 6.864.717,00
Balance Sheet
Analysis
Indexes 31/03/2009 31/03/2008
Current Ratio 884,68 % 1.514,66 %
Quick Ratio 168,09 % 603,19 %
Short Term Indebtedness 20,57 % 10,62 %
Debt to Equity Ratio 100,27 % 82,33 %
Long Term Assets to Total Assets 9,12 % 11,80 %
Fixed Assets to Equity 18,27 % 21,52 %
Total Assets to Total Liabilities 199,73 % 221,47 %
Debt Ratio 50,07 % 45,15 %
Equity Ratio 49,93 % 54,85 %
Investments to Assets Ratio 73,61 % 53,08 %
Current Investment 90,88 % 88,20 %
Stocks Aging Days 436,71 días 323,98 días
Day Sales 17,79 días 17,83 días
Trade Debtors To Assets 5,45 % 5,29 %
Total Assets Turnover 111,86 % 108,31 %
Net Worth Aging 224,02 % 197,49 %
Fixed Assets Aging 1.226,05 % 917,89 %
Gross Profit 55,00 % 55,21 %
Financial Expenses on Sales Ratio 0,00 % 0,00 %
Commercial Exp. on Sales Ratio 0,00 % 10,17 %
Administrative Exp. on Sales Ratio 0,00 % 7,96 %
REAL ESTATE:
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* Brasil 42, Villa Martelli, Buenos Aires.
* Boulevard Buenos Aires 2835 Bº Los Boulevares, Cordoba.
* Sucre y Pedro Zarate, Villa de Soto, Cordoba.
* Villa de Soto, Piedras Grandes, Characato and Huerta Grande (Cordoba)
Not allowed to contact the relevant documentation to see if those goods are
exempt from taxes.
The specific purposes
of the holder concerned with the extraction and marketing of marble and
granite.
It has to do a major infrastructure and line, an organization in which its
managers participate together with the necessary staff.
FOREIGN TRADE:
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In the last twelve months, it has made specific imports by u$s.207.951
according to the following detail:
- Italy
- Chine
* 55 EMPLOYEES.
HABITUAL SUPPLIERS:
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FERRIERA DI CITTADELLA SPA (Italy)
TALLERES FABIO MURGA (Spain)
Quarry and Reservoirs:
Villa del Soto, Piedras Grandes, Characato, Huerta Grande, Cordoba Province,
Repúblic of Argentina.
Plant of Industrialization: Sucre y Pedro Zarate, Villa de Soto, Cordoba
Province, Repúblic of Argentina.
Others dependences:
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Brasil 42, Villa Martelli (BA)
Bv.Buenos Aires 2835 Bº Los Boulevares, Cordoba.
Presidente Peron 8321, Rosario (SF)
San Miguel de Tucuman, (Tucuman)
Mendoza, (Mendoza)
Mar del Plata (Buenos Aires)
ADVERTENCIA: Si en este
registro no apareciera un Nro. de Doc. o CUIT, debe tomarse como una simple
referencia a verificar en el expediente para descartar la existencia de
personas con igual apellido y nombre/s o empresas con igual razon social.
No hay juicios
disponibles.
BANCO DE LA
NACION ARGENTINA
BANCO DE LA PROV. DE BUENOS AIRES
BANCO DE LA PROVINCIA DE CORDOBA
CREDIT RISK:
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DECEMBER 2011
PROVINCIA 12/11 1 $ 2,641,100
NACION 12/11 1 460,800
TOYOTA 12/11 1 129,000
ROMBO CÍA 12/11 1 100,700
AMEX 12/11 1 42,000
Situatiòn 1 = normal.
INSURANCE:
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PREVENCION S.A.
It is related
with supplier companies from its market, from where it receives support
of current importance and with additional securities, not existing at the
moment complaints about its payment record.
* FULFILLMENT: WITHOUT OBJECTIONS.
According to what was
exposed, the company is feasible for credits of prudential importance and with
additional securities.
* FIT FOR OPERATIONS OF CURRENT IMPORTANCE
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.49.07 |
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UK Pound |
1 |
Rs.77.19 |
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Euro |
1 |
Rs.65.57 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.