MIRA INFORM REPORT

Report Date :

02.07.2012

IDENTIFICATION DETAILS

Name :	ROSEDIAM
Registered Office :	Hoveniersstraat 2 B.127, Antwerpen, 2018
Country :	Belgium
Financials (as on) :	31.03.2011
Year of Establishment :	1985
Com. Reg. No.:	427999929
Legal Form :	Private Subsidiary Company
Line of Business :	Wholesale of other intermediate products
No. of Employees :	01

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 – March 31^st, 2012

Country Name	Previous Rating (31.12.2011)	Current Rating (31.03.2012)
Belgium	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

Rosediam

Hoveniersstraat 2 B.127

Antwerpen, 2018

Belgium

Tel: 03 234 24 75

Fax: 03 226 19 08

Registration data

Employees: 1

Company Type: Private Subsidiary

Corporate Family: 84 Companies

Ultimate Parent: Omega Pharma

Incorporation Date: 1985

Financials in: USD (Millions)

Fiscal Year End: 31-Mar-2011

Reporting Currency: Euro

Annual Sales: 70.4 1

Total Assets: 30.5

Business Description

Wholesale of other intermediate products

Industry

Industry Retail (Department and Discount)

ANZSIC 2006: 373 - Furniture, Floor Covering and Other Goods Wholesaling

NACE 2002: 5156 - Wholesale of other intermediate products

NAICS 2002: 4239 - Miscellaneous Durable Goods Merchant Wholesalers

UK SIC 2003: 5156 - Wholesale of other intermediate products

US SIC 1987: 509 - Miscellaneous Durable Goods

Key Executives

Name	Title
Philippe Anna Richard Francois	Representative/Auditor
Ann Maria Oscarine Van Vlaenderen	Representative/Auditor
Rajendrakumar Prakashbhai Jain	Manager
Anilkumar Saghvi	Manager

Registered No.(VAT): 427999929

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7571683

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.704672

Corporate Overview

Location

Hoveniersstraat 2 B.127

Antwerpen, 2018

Belgium

Tel: 03 234 24 75

Fax: 03 226 19 08

Sales EUR(mil): 53.3

Assets EUR(mil): 21.5

Employees: 1

Fiscal Year End: 31-Mar-2011

Industry: Retail (Department and Discount)

Incorporation Date: 1985

Company Type: Private Subsidiary

Quoted Status: Not Quoted

Registered No.(VAT): 427999929

Contents

Industry Codes

Business Description

Financial Data

Industry Codes

ANZSIC 2006 Codes:

373 - Furniture, Floor Covering and Other Goods Wholesaling

3739 - Other Goods Wholesaling Not Elsewhere Classified

NACE 2002 Codes:

5156 - Wholesale of other intermediate products

5147 - Wholesale of other household goods

NAICS 2002 Codes:

423990 - Other Miscellaneous Durable Goods Merchant Wholesalers

4239 - Miscellaneous Durable Goods Merchant Wholesalers

US SIC 1987:

509 - Miscellaneous Durable Goods

5099 - Durable Goods, Not Elsewhere Classified

UK SIC 2003:

5156 - Wholesale of other intermediate products

51479 - Wholesale of other household goods not elsewhere classified

Business Description

Wholesale of other intermediate products

Financial Data

Financials in:	EUR(mil)
Revenue:	53.3
Assets:	21.5
Current Assets:	21.1
Fixed Assets:	0.4
Total Liabilities:	21.5
Issued Capital:	0.0
Net Worth:	0.0
Date of Financial Data:	31-Mar-2011

1 Year Growth

NA

NA

Corporate Family	Corporate Structure News:
	Omega Pharma Rosediam
Rosediam Total Corporate Family Members: 84

Company Name	Company Type	Location	Country	Industry	Sales (USD mil)	Employees
Omega Pharma	Parent	Nazareth	Belgium	Personal and Household Products	32.5	44
Corilus	Subsidiary	Isnes	Belgium	Business Services	33.5	186
Corilus Vlaanderen	Subsidiary	Kruibeke	Belgium	Software and Programming	18.4	98
Krak	Subsidiary	Groot-Bijgaarden	Belgium	Restaurants	0.0	26
Datamirror Benelux	Subsidiary	Antwerpen	Belgium	Computer Hardware	0.0	4
Omega Soft Medical	Subsidiary	Aalter	Belgium	Computer Services	2.3
Informatique Gestion Lauvaux	Subsidiary	Castillon	Belgium	Software and Programming	2.2	13
Omega Pharma Belgium	Subsidiary	Nazareth	Belgium	Personal and Household Products	317.1	160
Biover	Subsidiary	Brugge	Belgium	Chemical Manufacturing	17.4	24
Bij Mariette	Subsidiary	Beselare	Belgium	Retail (Grocery)	0.0	5
Jaico R.D.P.	Subsidiary	Opglabbeek	Belgium	Biotechnology and Drugs	7.0	16
Pharmavit Europe	Subsidiary	Nazareth	Belgium	Personal and Household Products	0.8	4
Apotheek Delputte	Subsidiary	Oostkamp	Belgium	Retail (Drugs)	0.0	2
Jro Pharma	Subsidiary	Brugge	Belgium	Miscellaneous Capital Goods	0.7	1
Chefaro Nederland B.V.	Subsidiary	Rotterdam	Netherlands	Biotechnology and Drugs		150
Om Partners	Subsidiary	Wommelgem	Belgium	Software and Programming	20.9	117
ACO Hud AB	Subsidiary	Upplands Väsby, Stockholm	Sweden	Personal and Household Products	63.8	105
Verstraete - Hahn	Subsidiary	Desselgem	Belgium	Apparel and Accessories	30.6	70
Deutsche Chefaro Pharma GmbH	Subsidiary	Düsseldorf, Nordrhein-Westfalen	Germany	Personal and Household Products	22.7	60
Arseus Hospital	Subsidiary	Bornem	Belgium	Healthcare Facilities	12.0	45
Van Hopplynus Ophtalm	Subsidiary	Bornem	Belgium	Medical Equipment and Supplies	6.8	17
Agri Sambre Et Meuse	Subsidiary	Daussois	Belgium	Construction and Agriculture Machinery	0.0	4
St James	Subsidiary	La Hulpe	Belgium	Healthcare Facilities	3.1	41
Capitalatwork	Subsidiary	Bruxelles	Belgium	Miscellaneous Financial Services	3.0	35
Construction Generale Batiments	Subsidiary	Chatelet	Belgium	Construction Services	1.7	31
Inter Ikea Holding Services	Subsidiary	Waterloo	Belgium	Business Services	10.8	24
Sterigenics	Subsidiary	Wijgmaal	Belgium	Engineering Consultants	0.0	23
Sterigenics Belgium (Petit Rechain)	Subsidiary	Petit-Rechain	Belgium	Business Services	14.5	71
Sterigenics Belgium (Fleurus)	Subsidiary	Fleurus	Belgium	Food Processing	8.1	36
Sanitair Beheydt Verwarming	Subsidiary	Bissegem	Belgium	Construction Services	3.7	16
Arseus Dental Solutions	Subsidiary	Waregem	Belgium	Personal and Household Products	9.9	14
Arseus Tec	Subsidiary	Waregem	Belgium	Biotechnology and Drugs	5.4	35
Arcadent	Subsidiary	Waregem	Belgium	Personal and Household Products	7.1	14
The Graphic Co.	Subsidiary	Zellik	Belgium	Real Estate Operations	1.6	12
Alphadent	Subsidiary	Waregem	Belgium	Personal and Household Products	5.5	8
Geeroms - Amant	Subsidiary	Aalst	Belgium	Apparel and Accessories	0.0	7
Archimed	Subsidiary	Waregem	Belgium	Personal and Household Products	1.2	4
J-P Delatte	Subsidiary	Charleroi	Belgium	Retail (Specialty)	0.0	4
J.J. Maes - Sygma	Subsidiary	Kortenberg	Belgium	Personal and Household Products	2.2	3
Planet B	Subsidiary	Bruxelles	Belgium	Retail (Apparel)	0.0
Menuiserie Julien Delhez	Subsidiary	Hombourg	Belgium	Construction - Supplies and Fixtures	1.3	10
Schutz Metal Product	Subsidiary	Engis	Belgium	Miscellaneous Fabricated Products	0.0	10
Kompan	Subsidiary	Sint-Martens-Latem	Belgium	Recreational Activities	5.6	8
Ob - Gyn St. Jean	Subsidiary	Bruxelles	Belgium	Healthcare Facilities	4.2	8
Dorge Medic	Subsidiary	Namur	Belgium	Medical Equipment and Supplies	2.4	8
Les Depots Dentaires Reunis - Verenigde Dental Depots	Subsidiary	Waregem	Belgium	Personal and Household Products	1.9	6
Bional International BV	Subsidiary	Rotterdam	Netherlands	Biotechnology and Drugs		5
Computerized Communication Monitoring Systems	Subsidiary	Chaumont-Gistoux	Belgium	Computer Services	0.6	3
Dranken Goossen	Subsidiary	Oostakker	Belgium	Retail (Specialty)	0.0	3
Raes Racing	Subsidiary	Wommelgem	Belgium	Retail (Specialty)	2.6	2
Rosediam	Subsidiary	Antwerpen	Belgium	Retail (Department and Discount)	70.4	1
Fertinor	Subsidiary	Bruxelles	Belgium	Miscellaneous Capital Goods	8.0	1
Wartner Europe BV	Subsidiary	Rotterdam	Netherlands	Biotechnology and Drugs		1
Propronet	Subsidiary	Bruxelles	Belgium	Business Services	4.8
Sweet Products	Subsidiary	Veurne	Belgium	Food Processing	2.2
Stollwerck GmbH	Subsidiary	Köln, Nordrhein-Westfalen	Germany	Food Processing	382.0	1,200
Stollwerck GmbH - Saalfeld	Facility	Saalfeld	Germany	Food Processing		600
Rübezahl Schokoladen GmbH	Subsidiary	Dettingen	Germany	Food Processing	204.4	300
Jacques Chocolaterie SA	Subsidiary	Eupen	Belgium	Food Processing	76.7	130
Stollwerck Schokoladen Vertriebs GmbH	Subsidiary	Köln, Nordrhein-Westfalen	Germany	Food Processing	17.1	103
Chocolat Alprose SA	Subsidiary	Caslano-Lugano	Switzerland	Food Processing	100.0	100
ESZET Schokoladen Gesellschaft mit beschränkter Haftung	Subsidiary	Köln, Nordrhein-Westfalen	Germany	Commercial Banks		4
Sprengel GmbH	Subsidiary	Köln, Nordrhein-Westfalen	Germany	Food Processing
Baronie Chocolates Belgium	Subsidiary	Veurne	Belgium	Food Processing	56.2	93
Salibba	Subsidiary	Peronnes-Lez-Binche	Belgium	Construction Services	0.0
Houthandel Carpentier	Subsidiary	Hooglede	Belgium	Construction - Raw Materials	1.3
Ttl Equipment Management Belgium	Subsidiary	Schoten	Belgium	Consumer Financial Services	0.3
Medical Quick Supplies	Subsidiary	Jambes	Belgium	Personal and Household Products	0.0
Festen Interieurbouw	Subsidiary	Peer	Belgium	Construction Services	0.0	56
Arseus Medical	Subsidiary	Waregem	Belgium	Retail (Specialty)	20.8	39
Pharmacie Frederic	Subsidiary	Bruxelles	Belgium	Retail (Drugs)	0.0
Bional Nederland BV	Subsidiary	Rotterdam	Netherlands	Biotechnology and Drugs
Omega Pharma SAS	Subsidiary	Châtillon	France	Personal and Household Products
Medgenix Benelux	Subsidiary	Wevelgem	Belgium	Biotechnology and Drugs	21.8	86
Chefaro Espanola S.A.	Subsidiary	Barcelona	Spain	Medical Equipment and Supplies
Omega Pharma Holding Nederland BV	Subsidiary	Rotterdam	Netherlands	Biotechnology and Drugs
Samenwerkende Apothekers Nederland BV	Subsidiary	Rotterdam	Netherlands	Personal and Household Products
Omega Pharma Holding (Nederland) B.V.	Subsidiary
Fagron Services B.V.	Subsidiary	Uitgeest, Noord-Holland	Netherlands	Personal and Household Products		76
Chefaro Pharma Italia SRL	Subsidiary	Roma, Roma	Italy	Personal and Household Products	64.3	49
Omega Pharma Portuguesa, Unipessoal, LDA	Subsidiary	Carnaxide, Oeiras	Portugal	Personal and Household Products	15.1	18
Omega Pharma Poland Sp Z O O	Subsidiary	Lodz	Poland	Personal and Household Products	3.3	17
Omega Pharma Hungary Nagykereskedelmi Korlatolt Felelossegu Tarsasag	Subsidiary	Budapest	Hungary	Personal and Household Products	5.5	12
Paracelsia Pharma GmbH	Subsidiary	Düsseldorf, Nordrhein-Westfalen	Germany	Personal and Household Products		10

Executive report

Executives

Name	Title	Function
Philippe Anna Richard Francois	Representative/Auditor	Accounting Executive
Age: 51
Ann Maria Oscarine Van Vlaenderen	Representative/Auditor	Accounting Executive
Age: 47
Rajendrakumar Prakashbhai Jain	Manager	Other
Age: 35
Anilkumar Saghvi	Manager	Other

Annual Profit & Loss

	31-Mar-2011	31-Mar-2010	31-Mar-2009
Period Length	52 Weeks	52 Weeks	52 Weeks
Filed Currency	EUR	EUR	EUR
Exchange Rate (Period Average)	0.757168	0.70861	0.707647
Consolidated	No	No	No
Turnover	70.4	49.4	48.9
Other Operating Income	0.0	0.0	0.0
Operating Income	70.4	49.4	48.9
Purchases	71.1	50.3	47.2
Increase or Decrease in Stocks	-1.7	-1.9	0.6
Raw Materials, Consumables, and Goods for Release	69.4	48.4	47.8
Services and Sundry Goods	0.4	0.4	0.4
Remuneration, Social Security Charges, and Pensions	0.1	0.1	0.1
Depreciation of and Other Amounts Written Off of Formation Expense, Intangible and Tangible Fixed Assets	0.0	0.0	0.0
Increase or Decrease in Amounts Written Off Stocks, Orders, and Trade Debtors	0.1	0.1	0.0
Other Operating Charges	0.0	0.0	0.0
Operating Charges	69.9	48.9	48.3
Other Financial Income	0.0	0.0	0.0
Financial Income	0.0	0.0	0.0
Interest and Other Debt Charges	0.4	0.4	0.5
Other Financial Charges	0.1	0.1	0.1
Financial Charges	0.4	0.4	0.6
Other Extraordinary Income	-	-	0.0
Extraordinary Income	-	-	0.0
Income Taxes	0.0	0.0	0.0
Income Taxes	0.0	0.0	0.0
To Other Reserves	0.0	-	-
Transfers to Capital and Reserves	0.0	-	-
Employees	1	1	1

Annual Balance Sheet

Financials in: USD (mil)

	31-Mar-2011	31-Mar-2010	31-Mar-2009
Filed Currency	EUR	EUR	EUR
Exchange Rate	0.704672	0.739044	0.753182
Consolidated	No	No	No
Land & Buildings	0.6	0.5	0.5
Plant, Machinery, and Equipment	0.0	0.0	0.0
Furniture and Vehicles	0.0	0.0	0.0
Tangible Assets	0.6	0.6	0.6
Shares	0.0	0.0	0.0
Amounts Receivable and Cash Guarantees	0.0	0.0	0.0
Other Capital Assets	0.0	0.0	0.0
Capital Assets	0.0	0.0	0.0
Fixed Assets	0.6	0.6	0.6
Goods Purchased for Resale	11.3	9.0	7.0
Stocks	11.3	9.0	7.0
Inventory and Orders in Progress	11.3	9.0	7.0
Trade Debtors	18.7	13.8	14.2
Other Amounts Receivable	0.0	0.0	0.0
Amounts Receivable Within One Year	18.7	13.8	14.2
Liquid Assets	0.0	0.3	0.5
Adjustment Accounts	0.0	0.0	0.0
Current Assets	30.0	23.1	21.7
Total Assets	30.5	23.7	22.3
Issued Capital	0.0	0.0	0.0
Capital	0.0	0.0	0.0
Gain From Revaluation of Assets	0.3	0.3	0.3
Legal Reserve	0.0	0.0	0.0
Other	2.1	2.0	2.0
Reserves Not Available for Distribution	2.1	2.0	2.0
Reserves Available for Distribution	0.6	0.5	0.5
Reserves	2.7	2.6	2.5
Capital and Reserves	3.1	2.9	2.8
Credit Institutions	11.8	10.0	10.2
Financial Debts	11.8	10.0	10.2
Suppliers	13.7	8.8	7.3
Trade Debts	13.7	8.8	7.3
Taxes	0.0	0.0	0.0
Remuneration and Social Security	0.0	0.0	0.0
Taxes, Wages, and Social Security	0.0	0.0	0.0
Other Amounts Payable	1.9	1.9	1.9
Amounts Payable Within One Year	27.4	20.7	19.5
Adjustment Accounts	0.0	0.0	0.0
Creditors	27.5	20.8	19.5
Total Liabilities + Shareholders' Equity	30.5	23.7	22.3

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.56.31
UK Pound	1	Rs.88.06
Euro	1	Rs.70.91

INFORMATION DETAILS

Report Prepared by :

MNL

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.