MIRA INFORM REPORT
|
Report Date : |
29.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
Liebherr-Werk Ehingen GmbH |
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|
|
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Registered Office : |
Dr.-Hans-Liebherr-Str. 1, D 89584 Ehingen, Post Box 13 61, D 89582
Ehingen |
|
|
|
|
Country : |
Germany |
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|
|
|
Financials (as on) : |
31.12.2010 |
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|
|
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Date of Incorporation : |
17.03.1969 |
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|
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Com. Reg. No.: |
HRB 490123 |
|
|
|
|
Legal Form : |
Private Limited
Company |
|
|
|
|
Line of Business : |
Manufacturer
of machinery for metallurgy |
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|
|
|
No. of Employees
: |
2671 |
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 |
|
Maximum Credit Limit : |
250,000 EUR |
|
Status : |
Good |
|
Payment
Behaviour : |
Regular |
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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
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Germany |
a1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Liebherr-Werk
Ehingen GmbH
Dr.-Hans-Liebherr-Str. 1
D 89584 Ehingen
Post Box:
13 61, D 89582 Ehingen
Telephone: 07391/5020
Telefax: 07391/5023399
Homepage: www.lwe.liebherr.de
E-mail: nfo.lwe@liebherr.com
The company is
considered solvent for credits within its scope of business.
LEGAL FORM Private
limited company
Date of
foundation: 1969
Shareholders'
agreement: 22.02.1969
Registered on: 17.03.1969
Commercial Register:
Local court 89073 Ulm
under: HRB
490123
Share capital: EUR 150,000,000.00
Liebherr-International AG
45, rue de l'Industrie
CH 1630 Bulle/FR
Legal form: Other legal form
Share: EUR 150,000,000.00
Mario Trunzer
D 87488 Betzigau
born: 10.10.1958
Marital status: married
Manager:
Dr.Ing. Ulrich Hamme
D 66740 Saarlouis
Manager:
Hubert Hummel
D 89607 Emerkingen
born: 13.12.1956
Manager:
Christoph Kleiner
D 88400 Biberach
born: 08.10.1965
Dipl.Volkswirt Henning Rapp
D 88447 Warthausen
born: 06.04.1944
Profession: Fully qualified political
economist
Robert Harald Bausch
Schmelzweg 6
D 88400 Biberach
born: 09.03.1948
Rolf Ebe
D 89584 Ehingen
Rainer Müller
Kolpingstr. 20
D 89284 Pfaffenhofen
authorized to jointly represent the company
born: 10.11.1959
Marital status: married
Proxy:
Walter Marquardt
Großherzog-Friedrich-Str. 13
D 78465 Konstanz
authorized to jointly represent the company
Proxy:
Erwin Morath
D 89584 Ehingen
authorized to jointly represent the company
Proxy:
Anton Ibach
Zum Alten Tal 9
D 89597 Munderkingen
authorized to jointly represent the company
Proxy:
Hans-Dieter Willim
Jahnweg 35
D 89079 Ulm
authorized to jointly represent the company
Proxy:
Ralf Baus
D 89584 Ehingen
authorized to jointly represent the company
born: 28.01.1963
17.03.1969 -
08.10.2001 Liebherr-Werk Ehingen
Gesellschaft mit
beschränkter Haftung
Münsinger
Str. 80
D 89584
Ehingen
Private limited company
Sectors
28910 Manufacture of machinery for metallurgy
Branch:
Liebherr-Werk Ehingen GmbH
Zielitzstr. 1
D 14822 Linthe
TEL.: 033845-67110
Branch:
Liebherr Werk Ehingen GmbH
Dorstener Str. 107
D 46145 Oberhausen
TEL.: 0208/69017-0
Limited partner:
BRALI Flugzeug GmbH &
Co. KG
Zeppelinstr. 1-3
D 85399 Hallbergmoos
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 5,000,000.00
contribution:
Share: EUR 2,500,000.00
Reg. data: 16.09.2008
Local court
80797 München
HRA 92913
Payment
experience: within agreed terms
Negative
information: We have no negative
information at hand.
Maximum credit: > 250,000 EUR
Balance sheet
year: 2010
Type of
ownership: proprietor
Share: 100.00 %
Address Dr.-Hans-Liebherr-Str.
1
D 89584 Ehingen
Value at selling
price: EUR 11,000,000.00
Land register
documents were not available.
Principal bank
COMMERZBANK, EHINGEN
(DONAU)
Sort. code:
63040053, BIC: COBADEFF630
Further banks
SPARKASSE ULM,
EHINGEN (DONAU)
Sort. code:
63050000, BIC: SOLADES1ULM
COMMERZBANK VORMALS
DRESDNER BANK, ULM, DONAU
Sort. code:
63080015, BIC: DRESDEFF630
COMMERZBANK, ULM,
DONAU
Sort. code:
63040053, BIC: COBADEFF630
BUNDESBANK,
STUTTGART
Sort. code:
60000000, BIC: MARKDEF1600
Turnover: 2010 EUR 1,575,135,354.00
Profit: 2010 EUR 258,732,457.00
Equipment:
EUR 16,661,313.00
Ac/ts receivable:
EUR 203,697,216.00
Liabillities:
EUR 163,018,525.00
Employees:
2,671
- thereof permanent staff: 2,511
- Trainees:
160
BALANCE SHEETS
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]:
64.86
Liquidity ratio:
1.46
Return on total capital [%]:
28.86
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]:
60.05
Liquidity ratio: 1.26
Return on total capital [%]:
25.34
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]:
59.89
Liquidity ratio:
1.20
Return on total capital [%]:
21.86
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]:
59.24
Liquidity ratio:
1.65
Return on total capital [%]:
22.65
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 896,741,351.65
Fixed assets EUR 190,924,263.89
Intangible assets EUR 561,266.81
Concessions, licences,
rights EUR 561,266.81
Tangible assets EUR 164,612,560.52
Land / similar rights EUR 102,398,267.29
Plant / machinery EUR 26,958,319.22
Other tangible assets / fixtures
and
fittings EUR 16,661,313.05
Advance payments made /
construction
in progress EUR 18,594,660.96
Financial assets EUR 25,750,436.56
Shares in participations /
subsidiaries and the like EUR 25,748,836.56
Shares in related
companies EUR 24,748,836.56
Shares in investee
companies EUR 1,000,000.00
Other loans EUR 1,600.00
Current assets EUR 704,297,961.76
Stocks EUR
477,361,047.87
Raw materials, consumables and
supplies EUR 89,736,122.61
Finished goods / work in
progress EUR 387,624,925.26
Accounts receivable EUR 203,697,215.90
Trade debtors EUR 91,164,245.87
Amounts due from related
companies EUR 102,033,917.97
Other debtors and assets EUR 10,499,052.06
Liquid means EUR 23,239,697.99
Remaining other assets EUR 1,519,126.00
Accruals (assets) EUR 389,700.00
Other assets EUR 1,129,426.00
LIABILITIES
EUR 896,741,351.65
Shareholders' equity EUR 581,687,501.94
Capital EUR 150,000,000.00
Subscribed capital (share
capital) EUR 150,000,000.00
Balance sheet profit/loss
(+/-) EUR
431,687,501.94
Profit / loss brought
forward EUR 172,955,045.09
Annual surplus / annual
deficit EUR 258,732,456.85
Provisions EUR 152,035,325.00
Pension provisions and comparable
provisions EUR 6,439,506.00
Provisions for taxes EUR 29,819,000.00
Other / unspecified
provisions EUR 115,776,819.00
Liabilities EUR 163,018,524.71
Financial debts EUR 18,150,052.43
Liabilities due to banks EUR 18,150,052.43
Other liabilities EUR 144,868,472.28
Trade creditors (for IAS incl.
bills
of exchange) EUR 71,959,902.85
Liabilities from received
advance
payments EUR 15,944,515.48
Liabililties due to related
companiesEUR 52,374,728.37
Unspecified other liabilities EUR 4,589,325.58
thereof liabilities from tax /
financial authorities EUR 2,890,831.15
Profit and loss account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR
1,575,135,354.35
Inventory change + own costs
(+/-) EUR 39,106,366.80
Inventory change (+/-) EUR 38,926,028.51
Capitalised own costs EUR 180,338.29
Other operating income EUR 24,853,955.68
Cost of materials EUR 959,495,623.56
Raw materials and supplies,
purchased
goods EUR 903,584,120.97
Purchased services EUR 55,911,502.59
Gross result (+/-) EUR 679,600,053.27
Staff expenses EUR 160,475,513.55
Wages and salaries EUR 133,076,612.13
Social security contributions and
expenses for pension plans and
benefits EUR 27,398,901.42
Total depreciation EUR 16,957,514.24
Depreciation on tangible /
intangible
asssets (incl. start-up and exp.
of
bus. EUR 16,957,514.24
Other operating expenses EUR 169,873,032.14
Operating result from continuing
operations EUR 332,293,993.34
Result from participating
interests
(+/-) EUR 10,864,915.46
Expenses / income from
participations EUR 10,864,915.46
Income from related
companies EUR 10,864,915.46
Interest result (+/-) EUR -1,971,412.48
Interest and similar income EUR 1,204,356.55
Interest and similar
expenses EUR 3,175,769.03
thereof paid to related
companies EUR 566,008.34
Financial result (+/-) EUR 8,893,502.98
Result from ordinary operations
(+/-) EUR 341,187,496.32
Income tax / refund of income tax
(+/-)EUR -82,101,485.96
Other taxes / refund of taxes EUR -353,553.51
Tax (+/-) EUR -82,455,039.47
Annual surplus / annual
deficit EUR 258,732,456.85
Type of balance
sheet: Company
balance sheet
Financial year: 01.01.2009 -
31.12.2009
ASSETS
EUR 787,939,989.88
Fixed assets EUR 177,904,534.17
Intangible assets EUR 693,258.00
Concessions, licences,
rights EUR 693,258.00
Tangible assets EUR 151,460,839.61
Land / similar rights EUR 86,252,279.00
Plant / machinery EUR 22,977,919.00
Other tangible assets / fixtures
and
fittings EUR 16,219,168.00
Advance payments made /
construction
in progress EUR 26,011,473.61
Financial assets EUR 25,750,436.56
Shares in participations /
subsidiaries and the like EUR 25,748,836.56
Shares in related
companies EUR 24,748,836.56
Shares in investee
companies EUR 1,000,000.00
Other loans EUR 1,600.00
Current assets EUR 609,696,355.71
Stocks EUR 403,186,919.75
Raw materials, consumables and
supplies EUR 81,905,956.35
Finished goods / work in
progress EUR 345,778,394.60
Minus received advance payments
for
orders / installments for
stocks EUR -24,497,431.20
Accounts receivable EUR 197,843,988.75
Trade debtors EUR 69,654,907.88
Amounts due from related companies EUR
116,865,031.04
Other debtors and assets EUR 11,324,049.83
Investments in current
assets EUR 3,680,793.30
Other investments EUR 3,680,793.30
Liquid means EUR 4,984,653.91
Remaining other assets EUR 339,100.00
Accruals (assets) EUR 339,100.00
LIABILITIES
EUR 787,939,989.88
Shareholders' equity EUR 467,955,045.09
Capital EUR 75,000,000.00
Subscribed capital (share
capital) EUR 75,000,000.00
Reserves EUR 75,000,000.00
Retained earnings / revenue
reserves EUR 75,000,000.00
Balance sheet profit/loss
(+/-) EUR 317,955,045.09
Profit / loss brought
forward EUR 118,341,841.73
Annual surplus / annual
deficit EUR 199,613,203.36
Provisions EUR 152,734,642.00
Pension provisions and comparable
provisions EUR 6,439,506.00
Provisions for taxes EUR 22,219,000.00
Other / unspecified
provisions EUR 124,076,136.00
Liabilities EUR 167,250,302.79
Financial debts EUR 52,759,631.36
Liabilities due to banks EUR 52,759,631.36
Other liabilities EUR 114,490,671.43
Trade creditors (for IAS incl.
bills
of exchange) EUR 73,055,471.90
Liabililties due to related
companiesEUR 26,732,950.95
Unspecified other liabilities EUR 14,702,248.58
thereof liabilities from tax /
financial authorities EUR 2,677,951.90
Profit and loss account (cost-summary method) according to Comm.
Code (HGB)
Sales EUR 1,645,720,425.94
Inventory change + own costs
(+/-) EUR 22,252,161.14
Inventory change (+/-) EUR 22,007,634.47
Capitalised own costs EUR 244,526.67
Other operating income EUR 15,124,659.93
Cost of materials EUR 1,095,648,023.68
Raw materials and supplies,
purchased
goods EUR 1,016,850,307.62
Purchased services EUR 78,797,716.06
Gross result (+/-) EUR 587,449,223.33
Staff expenses EUR 167,545,454.61
Wages and salaries EUR 140,092,113.40
Social security contributions and
expenses for pension plans and
benefits EUR 27,453,341.21
Total depreciation EUR 13,817,929.48
Depreciation on tangible /
intangible
asssets (incl. start-up and exp.
of
bus. EUR 13,817,929.48
Other operating expenses EUR 143,203,389.20
Operating result from continuing
operations EUR 262,882,450.04
Result from participating
interests
(+/-) EUR 15,852,284.66
Expenses / income from
participations EUR 15,852,284.66
Income from related
companies EUR 15,852,284.66
Interest result (+/-) EUR -4,240,090.94
Interest and similar income EUR 611,880.28
thereof from related
companies EUR 20,350.00
Interest and similar
expenses EUR 4,851,971.22
thereof paid to related
companies EUR 1,667,841.25
Financial result (+/-) EUR 11,612,193.72
Result from ordinary operations
(+/-) EUR 274,494,643.76
Income tax / refund of income tax
(+/-)EUR -74,507,398.86
Other taxes / refund of taxes EUR -374,041.54
Tax (+/-) EUR -74,881,440.40
Annual surplus / annual deficit EUR 199,613,203.36
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.14 |
|
UK Pound |
1 |
Rs.77.86 |
|
Euro |
1 |
Rs.66.06 |
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 |
|
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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.