|
Report Date : |
29.02.2012 |
IDENTIFICATION DETAILS
|
Name : |
PRODA S.P.A. PRODUZIONE COMMERCIO
LAVORAZIONE GENERI AGRO AVICOLI |
|
|
|
|
Registered Office : |
Via Dei Ronchi,59 Castelguelfo 43010 Fontevivo (PR) |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
09.12.1967 |
|
|
|
|
Com. Reg. No.: |
PR027-5692 since 19/02/1996 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Poultry farming |
|
|
|
|
No. of Employees : |
From 71 to 90 |
RATING & COMMENTS
|
MIRAs Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Maximum Credit Limit : |
180.000 - Eur |
|
Status : |
Good |
|
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) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Proda S.p.a. Produzione Commercio Lavorazione Generi Agro Avicoli
Via Dei Ronchi,59 Castelguelfo
43010 Fontevivo (PR) -IT-
|
Fiscal Code |
: |
00162500342 |
|
Legal Form |
: |
Joint stock company |
|
start of Activities |
: |
09/12/1967 |
|
Equity |
: |
Over 2.582.254 Eur |
|
Turnover Range |
: |
50.000.000/75.000.000 Eur |
|
Number of Employees |
: |
from 71 to 90 |
|
Credit Opinion |
: |
180.000 - Eur |
|
|
Poultry farming
Non-specialised wholesale of deep-frozen products
Legal Form : Joint stock company
|
Fiscal Code : 00162500342 |
|
Foreign Trade Reg. no. : PR008237 since 04/02/1992 |
|
Foreign Trade Reg. no. : 8237 of Parma since 04/02/1992 |
|
Chamber of Commerce no. : 1057555 of Milano |
|
Chamber of Commerce no. : 104752 of Parma since 09/02/1968 |
|
Firms' Register : PR027-5692 since 19/02/1996 |
|
V.A.T. Code : 00162500342 |
|
Foundation date |
: 09/12/1967 |
|
|
Establishment date |
: 09/12/1967 |
|
|
Start of Activities |
: 09/12/1967 |
|
|
Legal duration |
: 31/12/2050 |
|
|
Nominal Capital |
: 1.000.000 |
Eur |
|
Subscribed Capital |
: 1.000.000 |
Eur |
|
Paid up Capital |
: 1.000.000 |
Eur |
|
|
Rossi |
Lamberto |
|
|
|
Born in Parma |
(PR) |
on 25/08/1948 |
- Fiscal Code : RSSLBR48M25G337T |
|
|
|
Residence : |
Viale |
Campanini N. 27 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/05/2011 |
|
|
|
Attorney with special power |
15/12/2006 |
|
|
|
|
No Protests registered |
|
|
Silingardi |
Luciano |
|
|
|
Born in Lama Mocogno |
(MO) |
on 18/02/1940 |
- Fiscal Code : SLNLCN40B18E426B |
|
|
|
Residence : |
Via |
Cairoli |
, 15 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
|
05/10/1996 |
|
|
|
|
Zappettini |
Massimo |
|
|
|
Born in Fontevivo |
(PR) |
on 11/01/1961 |
- Fiscal Code : ZPPMSM61A11D685E |
|
|
|
Residence : |
Via |
Magani Francesco 7 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/05/2011 |
|
|
|
Procurator |
21/05/1998 |
|
|
|
Board Chairman |
22/06/2011 |
|
|
|
|
No Protests registered |
|
|
Macchidani |
Decimo |
|
|
|
Born in Fidenza |
(PR) |
on 10/07/1955 |
- Fiscal Code : MCCDCM55L10B034F |
|
|
|
Residence : |
Via |
Calatafimi N. 3 |
- 43036 |
Fidenza |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/05/2011 |
|
|
|
Procurator |
21/05/1998 |
|
|
|
|
No Protests registered |
|
|
Silingardi |
Andrea |
|
|
|
Born in Parma |
(PR) |
on 31/12/1968 |
- Fiscal Code : SLNNDR68T31G337X |
|
|
|
Residence : |
Via |
Cairoli |
, 15 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
|
24/12/1997 |
|
|
|
|
Giorgi |
Franca |
|
|
|
Born in Fidenza |
(PR) |
on 05/03/1953 |
- Fiscal Code : GRGFNC53C45B034W |
|
|
|
Residence : |
Via |
Bezzecca |
, 12 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Director |
26/05/2011 |
|
|
|
Assistant board Chairman |
22/06/2011 |
|
|
|
|
No Protests registered |
*checkings have been performed on a national scale.
In this module the companies in which members hold/held positions are
listed.
The Members of the subject firm are not reported to be Members in other
companies.
Shareholders' list as at date of data collection:
|
Firm's Style / Name |
Seat / Residence |
Fiscal Code |
Owned Shares |
% Ownership |
|
Proda S.p.a. Produzione Commercio Lavorazione Generi Agro Avicoli |
Fontevivo - IT - |
00162500342 |
100.000 .Eur |
10,00 |
|
Rossi Lamberto |
Parma - IT - |
RSSLBR48M25G337T |
56.250 .Eur |
5,62 |
|
Zappettini Massimo |
Parma - IT - |
ZPPMSM61A11D685E |
137.040 .Eur |
13,70 |
|
Macchidani Decimo |
Fidenza - IT - |
MCCDCM55L10B034F |
225.000 .Eur |
22,50 |
|
Giorgi Franca |
Parma - IT - |
GRGFNC53C45B034W |
75.000 .Eur |
7,50 |
|
Giorgi Aurora |
|
GRGRRA47S54B034Y |
75.000 .Eur |
7,50 |
|
Zappettini Maura |
|
ZPPMRA56T68D685C |
87.960 .Eur |
8,79 |
|
Bolsi Franco |
|
BLSFNC51T19G337D |
56.250 .Eur |
5,62 |
|
Rossi Maria Alessandra |
|
RSSMLS55S58D673C |
56.250 .Eur |
5,62 |
|
Rossi Maria Tisbe |
|
RSSMTS53H67D673O |
56.250 .Eur |
5,62 |
|
Studer Massimiliano |
|
STDMSM86R10H501Z |
37.500 .Eur |
3,75 |
|
Studer Alessandro |
|
STDLSN86R10H501Z |
37.500 .Eur |
3,75 |
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares
Amount |
% Ownership |
since |
until |
Share Status |
|
Proda S.p.a. Produzione Commercio Lavorazione Generi Agro Avicoli |
Fontevivo - IT - |
00162500342 |
100.000 .Eur |
10,00 |
|
|
Active |
|
Ce.p.i.m. Centro Padano Interscambio Merci - S.p.a. |
Fontevivo - IT - |
00324710342 |
1.384 .Eur |
0,02 |
|
|
Active |
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
|
|
|
|
|
Via |
Dei Ronchi |
, 59 Loc. CASTELGUELFO |
- 43010 |
- Fontevivo |
(PR) |
- IT - |
|
|
|
|
Total Surface: 910 Sq.mt. |
|
|
|
|
TELEX |
: 531428 PRO |
|
|
|
|
PHONE |
: 0521/6131 |
|
|
|
|
PHONE |
: 0521/618323 |
|
|
|
|
FAX |
: 0521/618323 |
|
- |
Branch |
|
since 21/06/1988 |
|
|
|
|
|
Via |
Dei Ronchi |
, 59/B Loc. CASTELGUELFO |
- 43010 |
- Fontevivo |
(PR) |
- IT - |
|
|
|
|
Total Surface: 910 Sq.mt. |
|
|
|
|
TELEX |
: 531428 |
|
|
|
|
PHONE |
: 0521/6131 |
|
|
|
|
FAX |
: 0521/618323 |
|
- |
Branch |
|
since 21/06/1988 |
|
|
|
|
|
Via |
Dei Ronchi |
, 59/C Loc. CASTELGUELFO |
- 43010 |
- Fontevivo |
(PR) |
- IT - |
|
|
|
|
TELEX |
: 531428 |
|
|
|
|
PHONE |
: 0521/6131 |
|
|
|
|
FAX |
: 0521/618323 |
|
|
|
|
Employees |
: 68 |
|
|
|
|
Assistants |
: 3 |
|
Fittings and Equipment for a value of 530.000 |
Eur |
|
Stocks for a value of 7.490.000 |
Eur |
|
Furniture and fittings for a value of 41.000 |
Eur |
|
Vehicles : 3. |
Trade organization: direct or by agents.
Sales area on a national scale.
Transports are usually done by own vehicles.
The company supplies wholesalers and retailers.
|
|
To purchase foreign products the firm uses the following channels :
|
- its own sales net-work |
|
- direct orders to foreign companies |
Subject generally proposes terms of sale between 30 and 60 days.
Main sales modalities: issue cheques and bank transfers.
Purchase terms: 60-90-120 days.
The most used payment modality is the bank transfer one.
Import comes generally from the following nations:
|
- Belgio |
|
- Austria |
|
- Francia |
|
- Somalia |
EX-MEMBERS / EX-POSITIONS:
|
|
Rossi |
Lamberto |
|
|
|
Born in Parma |
on 25/08/1948 |
- Fiscal Code : RSSLBR48M25G337T |
|
|
|
Residence : |
Viale |
Campanini N. 27 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Managing Director |
|
Board Chairman |
|
|
Rossi |
Gino |
|
|
|
Born in Fontanellato |
on 20/06/1922 |
- Fiscal Code : RSSGNI22H20D673B |
|
Ex-Postions |
|
Chairman |
|
|
Silingardi |
Luciano |
|
|
|
Born in Lama Mocogno |
on 18/02/1940 |
- Fiscal Code : SLNLCN40B18E426B |
|
|
|
Residence : |
Via |
Cairoli |
, 15 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Giorgi |
Giorgio |
|
|
|
Born in Fidenza |
on 07/02/1919 |
- Fiscal Code : GRGGRG19B07B034D |
|
|
|
Fiscal residence : |
Via |
Zani |
, 44 |
- 43036 |
Fidenza |
(PR) |
- IT - |
|
Ex-Postions |
|
Chairman |
|
Managing Director |
|
|
Benecchi |
Vincenzo |
|
|
|
Born in Fidenza |
on 12/08/1952 |
- Fiscal Code : BNCVCN52M12B034G |
|
|
|
Residence : |
Via |
Colonie |
, 1 |
- 42013 |
Casalgrande |
(RE) |
- IT - |
|
Ex-Postions |
|
Procurator |
|
|
Zappettini |
Massimo |
|
|
|
Born in Fontevivo |
on 11/01/1961 |
- Fiscal Code : ZPPMSM61A11D685E |
|
|
|
Residence : |
Via |
Magani Francesco 7 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Ex-Postions |
|
Assistant board Chairman |
|
Managing Director |
|
|
COPERCHINI |
BIANCA |
|
|
|
Born in CORTILE SAN MARTINO |
on 27/01/1920 |
- Fiscal Code : CPRBNC20A67D074W |
|
|
|
Residence : |
Borgo |
FELINO |
, 39 |
- 43100 |
PARMA |
(PR) |
- IT - |
|
Ex-Postions |
|
Director |
|
|
Giorgi |
Federica |
|
|
|
Born in Fidenza |
on 21/07/1958 |
- Fiscal Code : GRGFRC58L61B034D |
|
|
|
Residence : |
Via |
Martiri Della Liberta' N. |
- 43036 |
Fidenza |
(PR) |
- IT - |
|
Ex-Postions |
|
Director |
|
Managing Director |
|
Board Chairman |
|
|
Macchidani |
Decimo |
|
|
|
Born in Fidenza |
on 10/07/1955 |
- Fiscal Code : MCCDCM55L10B034F |
|
|
|
Residence : |
Via |
Calatafimi N. 3 |
- 43036 |
Fidenza |
(PR) |
- IT - |
|
Ex-Postions |
|
Board Chairman |
|
|
Veroni |
Pier Marina |
|
|
|
Born in Bagnolo in Piano |
on 17/09/1959 |
- Fiscal Code : VRNPMR59P57A573P |
|
|
|
Residence : |
Via |
Aosta 4 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
|
|
Silingardi |
Marco |
|
|
|
Born in Parma |
on 09/01/1971 |
- Fiscal Code : SLNMRC71A09G337I |
|
|
|
Residence : |
Viale |
Campanini 16 |
- 43100 |
Parma |
(PR) |
- IT - |
|
Ex-Postions |
|
Temporary Auditor |
Protests checking on the subject firm has given a negative result.
None reported, standing to the latest received edition of the Official
Publications.
Company's starting of activities dates back to 1967.
An eco-fin analysis has been made on the base od the b/s fo the years 2008,
2009 and 2010.
Under an economic point of view, profits were registered during the last
years with a r.o.e. of 5,75% in 2010 with a stable trend in the turnover.
The operating result in 2010 was positive (3,68%) and in line with the
sector's average.
The amount of the operating result for the year 2010 is of Eur.
1.574.414 with an increase of 20,38% if the compared to the previous financial
year.
During the latest financial year the gross operating margin amounted to
Eur. 2.360.262 with no sensible increase as against 2009.
The analysis shows a fair financial position as the indebtedness volume
is acceptable (1,62)
With regard to equity capital, an amount of Eur. 14.411.972 is
registered. , unchanged if compared to 2009.
The financial management has recorded total debts amounting to Eur.
23.379.177, , with no sensible variation.
The company does not exceed in bank borrowings; the recourse to
suppliers' credit is also limited lined up with the sector.
The management determines a good range of liquidity.
As far as the collection of credit goes, the average is high (123,99
days). and higher than the average of the sector.
2010 financial year closed with a cash flow of Eur. 1.564.845
Subordinate employment cost is of Eur. 3.381.926, i.e. 4,94% on total
production costs. and a 4,85% incidence on sales volumes.
Limited financial charges in relation to sales volume.
|
|
|
Complete balance-sheet for the year |
31/12/2010 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
69.797.346 |
|
Profit (Loss) for the period |
828.997 |
|
|
|
Complete balance-sheet for the year |
31/12/2009 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
68.806.721 |
|
Profit (Loss) for the period |
666.989 |
|
|
|
Complete balance-sheet for the year |
31/12/2008 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
64.593.224 |
|
Profit (Loss) for the period |
705.799 |
|
|
|
Complete balance-sheet for the year |
31/12/2007 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
68.623.611 |
|
Profit (Loss) for the period |
1.718.585 |
|
|
|
Complete balance-sheet for the year |
31/12/2006 |
(in Eur |
x 1 ) |
|
Item Type |
Value |
|
Sales |
67.072.883 |
|
Profit (Loss) for the period |
780.145 |
From our constant monitoring of the relevant Public Administration
offices, no more recent balance sheets result to have been filed.
|
- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x
1 |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
|
RATIOS |
Value Type |
as at 31/12/2010 |
as at 31/12/2009 |
as at 31/12/2008 |
Sector Average |
|
COMPOSITION ON
INVESTMENT |
|
|
|
|
|
|
Rigidity Ratio |
Units |
0,26 |
0,27 |
0,27 |
0,13 |
|
Elasticity Ratio |
Units |
0,74 |
0,73 |
0,71 |
0,85 |
|
Availability of stock |
Units |
0,17 |
0,17 |
0,19 |
0,16 |
|
Total Liquidity Ratio |
Units |
0,57 |
0,56 |
0,52 |
0,62 |
|
Quick Ratio |
Units |
0,00 |
0,00 |
0,00 |
0,03 |
|
COMPOSITION ON
SOURCE |
|
|
|
|
|
|
Net Short-term indebtedness |
Units |
1,62 |
1,62 |
1,63 |
5,02 |
|
Self Financing Ratio |
Units |
0,34 |
0,33 |
0,33 |
0,13 |
|
Capital protection Ratio |
Units |
0,87 |
0,88 |
0,87 |
0,58 |
|
Liabilities consolidation quotient |
Units |
0,05 |
0,05 |
0,05 |
0,10 |
|
Financing |
Units |
1,62 |
1,62 |
1,63 |
6,17 |
|
Permanent Indebtedness Ratio |
Units |
0,36 |
0,36 |
0,36 |
0,25 |
|
M/L term Debts Ratio |
Units |
0,03 |
0,03 |
0,03 |
0,07 |
|
Net Financial Indebtedness Ratio |
Units |
0,47 |
0,42 |
0,50 |
1,16 |
|
CORRELATION |
|
|
|
|
|
|
Fixed assets ratio |
Units |
1,42 |
1,36 |
1,30 |
1,57 |
|
Current ratio |
Units |
1,36 |
1,34 |
1,32 |
1,09 |
|
Acid Test Ratio-Liquidity Ratio |
Units |
1,04 |
1,03 |
0,96 |
0,85 |
|
Structure's primary quotient |
Units |
1,31 |
1,25 |
1,19 |
0,96 |
|
Treasury's primary quotient |
Units |
0,00 |
0,00 |
0,00 |
0,05 |
|
Rate of indebtedness ( Leverage ) |
% |
297,00 |
298,78 |
300,82 |
743,68 |
|
Current Capital ( net ) |
Value |
8.364.355 |
7.715.981 |
7.236.587 |
70.465 |
|
RETURN |
|
|
|
|
|
|
Return on Sales |
% |
2,24 |
2,06 |
1,73 |
1,66 |
|
Return on Equity - Net- ( R.O.E. ) |
% |
5,75 |
4,78 |
5,17 |
6,68 |
|
Return on Equity - Gross - ( R.O.E. ) |
% |
9,45 |
7,96 |
9,07 |
19,39 |
|
Return on Investment ( R.O.I. ) |
% |
3,68 |
3,14 |
3,91 |
3,84 |
|
Return/ Sales |
% |
2,26 |
1,90 |
2,48 |
2,16 |
|
Extra Management revenues/charges incid. |
% |
52,65 |
51,00 |
43,96 |
28,56 |
|
Cash Flow |
Value |
1.564.845 |
1.419.306 |
1.121.679 |
48.046 |
|
Operating Profit |
Value |
1.574.414 |
1.307.828 |
1.605.469 |
59.910 |
|
Gross Operating Margin |
Value |
2.360.262 |
2.061.145 |
2.021.349 |
99.701 |
|
MANAGEMENT |
|
|
|
|
|
|
Credits to clients average term |
Days |
123,99 |
120,48 |
117,75 |
86,56 |
|
Debts to suppliers average term |
Days |
89,85 |
93,45 |
88,34 |
100,32 |
|
Average stock waiting period |
Days |
38,63 |
37,20 |
44,10 |
31,97 |
|
Rate of capital employed return ( Turnover ) |
Units |
1,63 |
1,65 |
1,57 |
1,82 |
|
Rate of stock return |
Units |
9,32 |
9,68 |
8,15 |
11,18 |
|
Labour cost incidence |
% |
4,85 |
4,77 |
5,40 |
5,95 |
|
Net financial revenues/ charges incidence |
% |
- 0,27 |
- 0,33 |
- 0,55 |
- 0,81 |
|
Labour cost on purchasing expenses |
% |
4,94 |
4,84 |
5,51 |
5,95 |
|
Short-term financing charges |
% |
0,83 |
1,04 |
1,60 |
2,18 |
|
Capital on hand |
% |
61,33 |
60,55 |
63,50 |
54,67 |
|
Sales pro employee |
Value |
1.011.555 |
969.108 |
872.881 |
507.073 |
|
Labour cost pro employee |
Value |
49.013 |
46.198 |
47.153 |
32.650 |
On the basis of the above mentioned, and the sales volume obtained, we
deem that the maximum exposure for short and medium term transactions ( 90 -
120 days ) could be of:
180.000 Eur.
|
Population living in the province |
: |
413.198 |
|
Population living in the region |
: |
4.151.369 |
|
Number of families in the region |
: |
1.748.359 |
Monthly family expences average in the region (in Eur.) :
|
- per food products |
: |
425 |
|
- per non food products |
: |
2.063 |
|
- per energy consume |
: |
143 |
The values are calculated on a base of 5.101 significant companies.
The companies cash their credits on an average of 86 dd.
The average duration of suppliers debts is about 100 dd.
The sector's profitability is on an average of 1,66%.
The labour cost affects the turnover in the measure of 5,95%.
Goods are held in stock in a range of 31 dd.
The difference between the sales volume and the resources used to
realize it is about 1,82.
The employees costs represent the 5,95% of the production costs.
The area is statistically considered lowly risky.
In the region 18.860 protested subjects are found; in the province they
count to 1.231.
The insolvency index for the region is 0,46, , while for the province it
is 0,31.
Total Bankrupt companies in the province : 1.624.
Total Bankrupt companies in the region : 14.698.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.14 |
|
|
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 |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SCs 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.