MIRA INFORM REPORT
|
Report Date : |
30.01.2012 |
IDENTIFICATION DETAILS
|
Name : |
ALFRED C. TOEPFER INTERNATIONAL G.M.B.H. |
|
|
|
|
Registered Office : |
Ferdinandstr. 5, D 20095 Hamburg, Post Box 10 61 20, D 20042
Hamburg |
|
|
|
|
Country : |
Germany |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
25.04.1956 |
|
|
|
|
Com. Reg. No.: |
HRB 7873 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Wholesale of grain, unmanufactured tobacco, seeds and animal
feeds |
|
|
|
|
No. of Employees
: |
355 |
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 |
|
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 |
Company name & address
Alfred C. Toepfer International G.m.b.H.
Main address:
Ferdinandstr. 5
D 20095 Hamburg
Post Box:
10 61 20, D 20042 Hamburg
Telephone: 040/3013-0
Telefax: 040/3013-634
Homepage: www.acti.de
E-mail: mail@toepfer.com
VAT no
DE118528775
CONCLUSION
Business relations are permissible.
Synthesis
LEGAL FORM Private limited company
Date of foundation: 12.02.1956
Shareholders'
agreement: 12.02.1956
Registered on: 25.04.1956
Commercial Register: Local
court 20355 Hamburg
under: HRB 7873
Share capital:
EUR 52,804,000.00
Shareholder
Alfred C. Toepfer International Netherlands
B.V. Gesellschaft niederländischen Rechts
Boompjes 40
NL 3011 XB Rotterdam
Legal form: Other legal form
Share: EUR 52,804,000.00
Manager
Dierk Overheu
D 21244 Buchholz
authorized to jointly represent the company
born: 01.04.1954
Profession: Businessman
Marital status: unknown
Manager:
Gary
Lee Towne
D
20095 Hamburg
authorized to jointly represent the company
born:
28.04.1955
Profession:
Businessman
Marital status: unknown
Manager:
Steffen Holsten
D
27383 Scheeßel
authorized to jointly represent the company
born:
29.04.1968
Manager:
Kevin
Brassington
D
20095 Hamburg
authorized to jointly represent the company
born:
07.01.1972
President of the Supervisory Board
Patrice Gollier
F Paris
Profession: Agricultural engineer
Nationality: French
Marital status: unknown
Member of the Supervisory Board
Prof.Dr. Klaus-Peter Hopp
CH Lully
born: 19.06.1964
Profession: Lawyer
Marital status: unknown
Member of the
Supervisory Board:
Craig Huss
USA Decatur/Illinois
Profession: Director
Nationality: Swiss
Marital status: unknown
Member of the
Supervisory Board:
Jean Myotte
F Neuilly sur Seine
Profession: Economist
Nationality: French
Marital status: unknown
Member of the
Supervisory Board:
John D. Rice
USA Forsyth, Illinois
Profession: Businessman
Nationality: USA
Marital status: unknown
Member of the
Supervisory Board:
Didier Nedelec
F Paris
Profession: Director
Nationality: French
Marital status: unknown
Proxy
Rene Freyer
D 22962 Siek
authorized to jointly represent the company
born: 17.11.1972
Proxy:
Torsten Sievers
D
20095 Hamburg
authorized to jointly represent the company
born:
24.06.1965
Profession: Businessman
Marital status: unknown
Proxy:
Volker
von Werne
D
20095 Hamburg
authorized to jointly represent the company
born: 13.11.1956
Profession: Businessman
Marital status: unknown
Further
functions/participations of Dierk Overheu (Manager)
Manager:
TOEPFER Agro-Chemie Handelsgesellschaft
m.b.H.
Ferdinandstr. 5
D
20095 Hamburg
Legal
form: Private limited company
Share
capital: EUR 61,356.00
Registered
on: 23.08.1988
Reg.
data: 20355 Hamburg, HRB 40526
Manager:
Intermare Transport G.m.b.H.
Ferdinandstr. 5
D
20095 Hamburg
Legal form: Private limited company
Share
capital: EUR 60,000.00
Registered
on: 03.11.2000
Reg.
data: 20355 Hamburg, HRB 77662
Further functions/participations of Steffen Holsten (Manager)
Manager:
CERECOM Cereal Commerce GmbH
Ferdinandstr. 5
D
20095 Hamburg
Post
Box:
106008
Legal form: Private limited
company dormant
Share
capital: EUR 3,000,000.00
Registered
on: 10.06.1988
Reg.
data: 20355 Hamburg, HRB 25881
COMPANY HISTORY
25.04.1956 -
01.04.1997 Alfred C. Toepfer
International GmbH
Ferdinandstr. 12
D 20095 Hamburg
Private limited
company
RESIGNED ACTING PERSONS AND SHAREHOLDERS
20.10.2010 -
14.10.2011 Manager
Daniel William Walker
D 20095 Hamburg
20.10.2010 -
22.06.2011 Member of the Supervisory
Board
William W. Gaston
USA Atlanta, Gorgia
20.10.2010 -
16.03.2011 President of the Supervisory
Board
Bruno Catton
F Signa/Paris
20.10.2010 -
16.03.2011 Member of the Supervisory
Board
Patrice Gollier
F Paris
20.10.2010 -
16.03.2011 Member of the Supervisory
Board
Klaus Buchleitner
A Mödling
20.10.2010 -
16.03.2011 Member of the Supervisory
Board
Brent Arthur Fenton
USA Forsyth
20.10.2010 -
16.03.2011 Member of the Supervisory
Board
Carole Piwnica
F Paris
29.08.2006 -
16.03.2011 Vice-president of the Supervisory
Board
Dr. Clemens Große
Frie
D 48291 Telgte
14.10.2009 -
27.12.2010 Manager
Carsten Hojland
D 21635 Jork
14.10.2009 -
20.10.2010 Member of the Supervisory
Board
14.10.2009 -
20.10.2010 Member of the Supervisory
Board
Robin Andrew Hlawek
D 20095 Hamburg
14.10.2009 -
12.05.2010 Manager
Christian Charles
Alfred Maret
D 20095 Hamburg
14.10.2009 -
09.02.2010 Manager
Steven Charles
Maulberger
D 20095 Hamburg
14.10.2009 -
08.01.2010 Member of the Supervisory Board
Klaus Buchleitner
A Mödling
14.10.2009 -
11.12.2009 Manager
Lewis Batchelder
D 20095 Hamburg
21.05.2003 -
28.07.2009 President of the Supervisory
Board
Bruno Catton
F Signa/Paris
14.11.2005 -
06.04.2009 Manager
Hartwig Fuchs
D 22397 Hamburg
05.09.2005 -
06.04.2009 Vice-president of the Board of
Management
Michael Franz
Lazardzig
D 22589 Hamburg
BUSINESS ACTIVITIES
Main industrial
sector
46210 Wholesale of grain,
unmanufactured tobacco, seeds and animal feeds
52292 Shipping agents
8299 Other business
support service activities n. e. c.
PARTICIPATIONS
Shareholder:
CERECOM Cereal Commerce GmbH
Ferdinandstr. 5
D
20095 Hamburg
Post Box:
106008
Legal
form: Private limited company
Company Status: dormant
Share
capital: EUR 3,000,000.00
Share: EUR 3,000,000.00
Reg.
data: 10.06.1988
Local court 20355 Hamburg
HRB 25881
Shareholder:
TOEPFER Agro-Chemie Handelsgesellschaft
m.b.H.
Ferdinandstr. 5
D
20095 Hamburg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 61,356.00
Share: EUR 61,356.00
Reg.
data: 23.08.1988
Local court 20355 Hamburg
HRB 40526
Shareholder:
Intermare Transport G.m.b.H.
Ferdinandstr. 5
D
20095 Hamburg
Legal
form: Private limited company
Company Status: active
Share
capital: EUR 60,000.00
Share: EUR 60,000.00
Reg.
data: 03.11.2000
Local court 20355 Hamburg
HRB 77662
Shareholder:
Brouwer Shipping & Chartering GmbH
Johannisbollwerk 16
D
20459 Hamburg
Legal
form: Private limited company
Company Status: active
Share capital: EUR 100,000.00
Share: EUR 30,000.00
Reg.
data: 19.10.2000
Local court 20355 Hamburg
HRB 77458
Shareholder:
Alfred
C. Toepfer Grain & Feed GmbH
Ferdinandstr. 5
D
20095 Hamburg
Post
Box:
10 61
20
Legal
form: Private limited company
Company Status: dormant
Share
capital: EUR 25,565.00
Share: EUR 25,564.59
Reg.
data: 01.01.1911
Local court 20355
Hamburg
HRB 18460
FINANCIAL INFORMATION
Payment experience: in
top condition
Negative information: We have no negative information at hand.
Maximum credit: 250,000
EUR
Balance sheet year: 2010
REAL ESTATE
Type of ownership: Tenant
Address Ferdinandstr.
5
D 20095 Hamburg
Land register documents were not available.
BANKERS
Principal bank
HSH NORDBANK HAMBURG, HAMBURG
Sort. code: 20050000, BIC: HSHNDEHH200
Further banks
DEUTSCHE BANK, HAMBURG
Sort. code: 20070000, BIC: DEUTDEHHXXX
THE ROYAL BANK OF SCOTLAND, NIEDERLASSUNG DEUTSCHLAND, HAMBURG
Sort. code: 20310600, BIC: ABNADEFFHAM
FINANCIAL FIGURES
Turnover:
2010 EUR 739,847,009.00
2011 EUR 740,000,000.00
Profit: 2010 EUR 17,636,886.00
further business figures:
Equipment: EUR
1,605,735.00
Ac/ts receivable: EUR 467,821,606.00
Liabillities: EUR 536,347,604.00
Employees:
355
-
thereof permanent staff: 325
-
Trainees:
30
BALANCE SHEETS
Balance sheet ratios 01.12.2010 - 31.12.2010
Equity ratio [%]: 52.96
Liquidity ratio: 1.66
Return
on total capital [%]: 2.62
Balance sheet ratios 01.12.2009 - 30.11.2010
Equity ratio [%]: 58.73
Liquidity ratio: 2.07
Return on total capital [%]: -2.38
Balance sheet ratios 01.12.2008 - 30.11.2009
Equity
ratio [%]: 47.21
Liquidity ratio: 2.07
Return on total capital [%]: 9.91
Balance sheet ratios 01.12.2007 - 30.11.2008
Equity ratio [%]: 29.46
Liquidity ratio: 1.54
Return on total capital [%]: 14.49
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: 01.12.2010 - 31.12.2010
ASSETS
EUR 859,640,315.00
Fixed assets
EUR 11,528,185.00
Intangible assets
EUR 260,887.00
Concessions, licences, rights
EUR 260,887.00
Tangible assets
EUR 1,605,735.00
Other tangible assets / fixtures and
fittings
EUR 1,605,735.00
Financial assets
EUR 9,661,563.00
Shares in participations /
subsidiaries and the like
EUR 9,415,873.00
Shares in related companies
EUR 5,349,946.00
Shares in investee companies
EUR 4,065,927.00
Securities included in fixed assets
EUR 237,947.00
Other loans
EUR 7,743.00
Current assets
EUR 828,357,539.00
Stocks
EUR 349,020,341.00
Finished goods / work in progress
EUR 345,443,242.00
Advance payments made
EUR 3,577,099.00
Accounts receivable
EUR 467,821,606.00
Trade debtors
EUR 199,649,403.00
Amounts due from related companies
EUR 227,884,336.00
Other debtors and assets
EUR 40,287,867.00
Liquid means
EUR 11,515,592.00
Remaining other assets
EUR 19,754,591.00
Accruals (assets) EUR 154,496.00
Deferred taxes (assets)
EUR 18,901,142.00
Other assets
EUR 698,953.00
LIABILITIES EUR 859,640,315.00
Shareholders' equity
EUR 211,813,747.00
Capital
EUR 52,804,000.00
Subscribed capital (share capital)
EUR 52,804,000.00
Reserves
EUR 64,818,827.00
Capital reserves
EUR 55,504,803.00
Retained earnings / revenue reserves EUR 9,314,024.00
Balance sheet profit/loss (+/-)
EUR 94,190,920.00
Profit / loss brought forward
EUR 76,554,034.00
Annual surplus / annual deficit
EUR 17,636,886.00
Provisions
EUR 111,323,880.00
Pension provisions and comparable
provisions
EUR 32,207,721.00
Provisions for taxes
EUR 17,351,534.00
Other / unspecified provisions
EUR 61,764,625.00
Liabilities
EUR 536,347,604.00
thereof total due to shareholders
EUR 243,552,573.00
Financial debts
EUR 83,077,769.00
Liabilities due to banks
EUR 83,077,769.00
Other liabilities
EUR 453,269,835.00
Trade creditors (for IAS incl. bills
of exchange)
EUR 73,067,460.00
Liabilities from received advance
payments
EUR 2,251,546.00
Liabililties due to related companiesEUR 321,328,109.00
Liabilities due to investee companiesEUR 51,562.00
Unspecified other liabilities
EUR 56,571,158.00
Other liabilities
EUR 155,084.00
Deferred taxes (not included under
provisions/liabilities)
EUR 155,084.00
Guarantees and other commitments
EUR 180,369,000.00
Guarantees / warranties
EUR 180,369,000.00
Guarantees
EUR 180,369,000.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 739,847,009.00
Other operating income
EUR 122,283.00
Cost of materials
EUR 698,338,356.00
Raw materials and supplies, purchased
goods
EUR 698,338,356.00
Gross result (+/-)
EUR 41,630,936.00
Staff expenses
EUR 6,319,425.00
Wages and salaries
EUR 6,070,181.00
Social security contributions and
expenses for pension plans and
benefits
EUR 249,244.00
Total depreciation
EUR 59,260.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 59,260.00
Other operating expenses
EUR 1,711,101.00
Operating result from continuing
operations
EUR 33,541,150.00
Result from participating interests
(+/-)
EUR -9,315.00
Expenses / income from participations EUR 2,737.00
Income
from transfer of profits EUR 2,737.00
Expenses for participations
EUR 12,052.00
Expenses for other participations
EUR 12,052.00
Interest result (+/-)
EUR -258,473.00
Interest and similar income
EUR 109,588.00
Interest and similar expenses
EUR 368,061.00
Other financial result
EUR 24,950.00
Income from securities and loans from
financial assets
EUR 24,950.00
Financial result (+/-)
EUR -242,838.00
Result from ordinary operations (+/-)
EUR 33,298,312.00
Extraordinary income
EUR 2,328,751.00
Extraordinary expenses
EUR 7,214,223.00
Extraordinary result (+/-)
EUR -4,885,472.00
Income tax / refund of income tax (+/-)EUR -10,774,845.00
Other taxes / refund of taxes
EUR -1,109.00
Tax
(+/-)
EUR -10,775,954.00
Annual surplus / annual deficit
EUR 17,636,886.00
Type
of balance
sheet: Company balance sheet
Financial year: 01.12.2009 - 30.11.2010
ASSETS EUR 867,364,534.00
Fixed assets
EUR 26,138,550.00
Intangible assets
EUR 264,675.00
Concessions, licences, rights
EUR 264,675.00
Tangible assets
EUR 1,584,396.00
Other tangible assets / fixtures and
fittings
EUR 1,584,396.00
Financial assets
EUR 24,289,479.00
Current assets
EUR 841,095,611.00
Stocks
EUR 320,600,701.00
Finished goods / work in progress
EUR 313,974,612.00
Advance payments made
EUR 6,626,089.00
Accounts receivable
EUR 519,575,222.00
Trade debtors
EUR 137,696,247.00
Amounts due from related companies
EUR 349,306,759.00
Other debtors and assets
EUR 32,572,216.00
Liquid means
EUR 919,688.00
Remaining other assets
EUR 130,373.00
Accruals (assets)
EUR 130,373.00
LIABILITIES EUR 867,364,534.00
Shareholders' equity
EUR 184,862,837.00
Capital
EUR 52,804,000.00
Subscribed capital (share capital)
EUR 52,804,000.00
Reserves EUR 55,504,803.00
Capital reserves
EUR 55,504,803.00
Balance sheet profit/loss (+/-)
EUR 76,554,034.00
Profit / loss brought forward
EUR 97,175,177.00
Annual surplus / annual deficit EUR
-20,621,143.00
Provisions
EUR 105,810,880.00
Pension provisions and comparable
provisions
EUR 39,029,787.00
Provisions for taxes
EUR 77,134.00
Other / unspecified provisions
EUR 66,703,959.00
Liabilities
EUR 576,690,817.00
thereof total due to shareholders
EUR 324,597,105.00
Financial debts
EUR 62,223,762.00
Liabilities due to banks
EUR 62,223,762.00
Other liabilities
EUR 514,467,055.00
Trade creditors (for IAS incl. bills
of exchange) EUR 80,932,928.00
Liabilities from received advance
payments
EUR 349,615.00
Liabililties due to related companiesEUR 385,164,693.00
Liabilities due to investee companiesEUR 50,699.00
Unspecified other liabilities
EUR 47,969,120.00
Profit and loss account (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 7,855,722,344.00
Other operating income
EUR 17,430,079.00
Cost of materials
EUR 7,853,906,996.00
Raw materials and supplies, purchased
goods
EUR 7,853,906,996.00
Gross result (+/-) EUR 19,245,427.00
Staff expenses
EUR 24,881,537.00
Wages and salaries
EUR 21,375,804.00
Social security contributions and
expenses for pension plans and
benefits EUR 3,505,733.00
Total depreciation
EUR 741,821.00
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 741,821.00
Other operating expenses
EUR 12,464,506.00
Operating result from continuing
operations
EUR -18,842,437.00
Result from participating interests
(+/-)
EUR 1,540,293.00
Expenses / income from participations EUR 1,540,930.00
Income from transfer of profits
EUR 70,520.00
Income from related companies
EUR 1,470,410.00
Expenses for participations
EUR 637.00
Expenses for other participations
EUR 637.00
Interest result (+/-)
EUR -3,511,372.00
Interest and similar income
EUR 1,511,185.00
Interest and similar expenses
EUR 5,022,557.00
Other financial result
EUR 532,508.00
Income from securities and loans from
financial assets
EUR 532,508.00
Financial result (+/-) EUR -1,438,571.00
Result from ordinary operations (+/-)
EUR -20,281,008.00
Income tax / refund of income tax (+/-)EUR -326,831.00
Other taxes / refund of taxes
EUR -13,304.00
Tax
(+/-) EUR -340,135.00
Annual surplus / annual deficit
EUR -20,621,143.00
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.65 |
|
UK Pound |
1 |
Rs.77.80 |
|
Euro |
1 |
Rs.65.05 |
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.