MIRA INFORM REPORT

Report Date :

07.07.2012

IDENTIFICATION DETAILS

Name :	GRIFFIOEN MEDISCHE INSTRUMENTEN GROOTHANDEL

Registered Office :	Leeuwerikstraat 2, 3652LJ Woerdense Verlaat

Country :	Netherlands

Date of Incorporation :	07.06.1989

Com. Reg. No.:	28049914

Legal Form :	Sole proprietorship

Line of Business :	Wholesale of medical and dental instruments

No. of Employees :	2

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Status :	Satisfactory
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)

Netherlands

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

CONTACTINFORMATION

Company name	Griffioen Medische Instrumenten Groothandel
Tradename	Griffioen Medische Instrumenten Groothandel
Address	Leeuwerikstraat 2
	3652LJ Woerdense Verlaat
	Netherlands
Mail address	Postbus 1013
	2430AA Noorden
	Netherlands
Telephone number	0172409751
Telefax number	0172409631
E-mail address	info@griffioenmedical.nl
Website	www.griffioenmedical.nl

COMPANY STRUCTURE

Branches	Amstelkade 7G
	3652 MD Woerdense Verlaat

Bank

Bank ING Bank NV

Real estate lease

The real estate is checked at the land registration office

MANAGEMENT

Management	W. Griffioen
	Willem
	Westveensekade 11
	3652MC Woerdense Verlaat
	Position: Owner
	Date appointed: 07-06-1989
	Date of birth: 26-07-1965

Payment information

Payment experiences payment are regular, no complaints are know

FINANCIAL INFORMATION

Annual accounts	The company is	not obligated to publish its financial account.
Tendency	Not to be judged	because of the absence of sufficient financial information
Liquidity	Sufficient
Currency	Euro

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.41
UK Pound	1	Rs.86.04
Euro	1	Rs.68.60

INFORMATION DETAILS

Report Prepared by :

PDT

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.

Handelsregisternummer	28049914
Registered in	Chamber of commerce Den Haag
Date of constitution	07-06-1989
Legal form	Sole proprietorship

NACE-code	Wholesale of medical and dental instruments (51462)
SBI-code	Wholesale of medical and dental instruments (46462)
Formal objective	Im- en export van- en groothandel in medische instrumenten