MIRA INFORM REPORT

 

 

Report Date :

09.07.2012

 

IDENTIFICATION DETAILS

 

Name :

TRAYAL-HEM D.O.O. 

 

 

Registered Office :

Milosa Obilica bb, Krusevac

 

 

Country :

Serbia

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

27.01.2000

 

 

Com. Reg. No.:

Not Available 

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacturer of pesticides and other agro-chemical products

 

 

No. of Employees :

16 employees

 

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 :

Slow  and Delayed

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 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Serbia

C1

C1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D


Company name & address 

 

TRAYAL-HEM D.O.O.

PREDUZECE ZA PROIZVODNJU I PROMET HEMIJSKIH PROIZVODA TRAYAL-HEM DOO KRUSEVAC

Milosa Obilica bb

RS 37000 Krusevac

Tel:       +381 37/429455

Fax:      +381 37/427296

 

 

Company summary

 

 Legal form

Ltd. - Limited Liability company

Established

27.01.2000

Registered

National Identification Number: 17264869

PIB (Value Added Tax): 102040222

Serbian Business Registers Agency Nr. 15442

Establisher

TRAYAL KORPORACIJA (NIN: 7144083)

Krusevac, Serbia

100.00%

Basic capital

RSD 182,000 (31.12.2011)

Management

Grujica Milanovic, Person authorized to represent, born 15.09.1955 Personal Identification Number: 1509955781027 Serbia

 

Jovica Milenkovic, Person authorized to represent, born 28.09.1953 Personal Identification Number: 2809953781035 Serbia

 

Sladjana Vucicevic, Director, born 20.03.1959 Personal Identification Number: 2003959786026 Serbia

 

Dragana Savovic, Person authorized to represent, born 22.06.1966 Personal Identification Number: 2206966786013 Serbia

 

Andrijana Jovanovic, Person authorized to represent, born 25.03.1975 Personal Identification Number: 2503975786616 Serbia

Activity

Basic activity (according to National activity classification): Manufacture of pesticides and other agro-chemical products (24.20)

Business Premises

Registered Address: Milosa Obilica bb, Krusevac

Motor pool

Data not available

 

 

 

Staff

2011

16 employees

 

2010

16 employees

 

2009

14 employees

 


 

Revenue

 

2011 revenue

RSD

3,605,888,000

2010 revenue

RSD

3,588,242,000

2009 revenue

RSD

1,153,691,000

2008 revenue

RSD

143,823,000

2007 revenue

RSD

30,950,000

2006 revenue

RSD

42,954,000

2005 revenue

RSD

67,098,000

 

Real estate

Data not available

 

 

Financial data

 

Balance Sheet

RSD (x 1,000)

31.12.2011

31.12.2010

31.12.2009

FIXED ASSETS

0

0

0

Subscribed capital unpaid

0

0

0

Intangible fixed assets

0

0

0

Tangible fixed assets

0

0

0

Other fixed assets

0

0

0

CURRENT ASSETS

1,340,198

1,559,243

492,704

Inventories

65,449

109,394

52,167

Short – term loans

1,274,749

1,449,849

440,537

*Cash and cash equivalent

1,005

3,807

631

Other current assets

0

0

0

LOSS

0

0

0

TOTAL ASSETS

1,340,198

1,559,243

492,704

EQUITY

5,532

4,200

1,689

Capital

182

182

182

Subscribed capital unpaid

0

0

0

Reserves

96

96

96

Revalorization reserves

0

0

0

Undistributed Income

5,254

3,922

1,411

Loss

0

0

0

Treasury shares

0

0

0

LONG TERM RESERVATIONS

0

0

0

LONG TERM LIABILITIES

303,201

710,296

184,730

SHORT TERM LIABILITIES

1,031,465

844,747

306,285

OTHER LIABILITIES

0

0

0

TOTAL LIABILITIES

1,340,198

1,559,243

492,704


 

Profit And Loss Account

RSD (x 1,000)

31.12.2011

31.12.2010

31.12.2009

OPERATING REVENUES

3,591,314

3,548,955

1,138,219

 

 

Cash Flow Report

RSD (x 1,000)

31.12.2011

31.12.2010

CASH FLOWS FROM OPERATING ACTIVITIES

 

 

Cash inflows from operating activities

3,031,853

3,426,018

Cash outflows from operating activities

3,597,223

46,645,586

Net cash inflows from operating activities

0

0

Net cash outflows from operating activities

565,370

43,219,568

CASH FLOWS FROM INVESTING ACTIVITIES

Cash flows from investing activities

783,053

0

Cash outflows from investing activities

0

810,063

Net cash inflows from investing activities

783,053

0

Net cash outflows from investing activities

0

810,063

CASH FLOWS FROM FINANCING ACTIVITIES

Cash inflows from financing activities

349,802

44,032,807

Cash outflows from financing activities

570,287

0

Net cash inflow from financing activities

0

44,032,807

Net cash outflow from financing activities

220,485

0

GROSS INFLOWS IN CASH

4,164,708

47,458,825

GROSS OUTFLOWS IN CASH

4,167,510

47,455,649

NET INFLOW IN CASH

0

3,176

NET OUTFLOW IN CASH

2,802

0

CASH AT THE BEGINNING OF THE PERIOD

3,807

631

POSITIVE EFFECT ON EXCHANGE RATE CHANGES

0

0

NEGATIVE EFFECT ON EXCHANGE RATE CHANGES

0

0

CASH AT THE END OF THE PERIOD

1,005

3,807

 


 

Corporate structure

Rep. Offices in Serbia: none

Rep. Offices abroad: none

Affiliates:

- TRAYAL KORPORACIJA, Krusevac, Serbia (NIN:7144083) (11.27% owned by TRAYAL KORPORACIJA)

- TRAYAL TRGOVINA - removed from register, Krusevac, Serbia (NIN:17118269) (100.00% owned by TRAYAL KORPORACIJA)

 

Subsidiaries: not identified

Immediate parent company:

- TRAYAL KORPORACIJA, Krusevac, Serbia: (NIN:7144083): 100.00%

 

Other functions and shares of Grujica Milanovic:

- TRAYAL KORPORACIJA, Krusevac, Serbia (NIN:7144083), Manager

 

Other functions and shares of Dragana Savovic:

- TRAYAL KORPORACIJA, Krusevac, Serbia (NIN:7144083), Manager

 

Other functions and shares of Andrijana Jovanovic:

- TREKPLAY - removed from register, Krusevac, Serbia (NIN:60912319), establisher (100.00%)

 

 

 

- TREKPLAY - removed from register, Krusevac, Serbia (NIN:60912319), Owner

 

 

 

Other info

Short company name: TRAYAL-HEM DOO KRUSEVAC (TRAYAL-HEM Ltd. KRUSEVAC)

 

Exchange rate

31.12.2011

31.12.2010

31.12.2009

31.12.2008

31.12.2007

31.12.2006

31.12.2005

31.12.2004

31.12.2003

31.12.2002

31.12.2001

EUR 1 = RSD 104.64

EUR 1 = RSD 105.50

EUR 1 = RSD 95.70

EUR 1 = RSD 88.60

EUR 1 = RSD 79.24

EUR 1 = RSD 80.00

EUR 1 = RSD 85.94

EUR 1 = RSD 78.89

EUR 1 = RSD 68.31

EUR 1 = RSD 61.52

EUR 1 = RSD 59.71

Inflation

2007:

2006:

2005:

2004:

2003:

10.10%

12.70%

16.50%

10.10%

11.70%

 

 

Bankers

 

KOMERCIJALNA BANKA A.D. Beograd

Svetog Save 14

205-123030-83

BANCA INTESA A.D. Beograd

Milentija Popovica 7 b

160-42083-24

RAIFFEISEN BANKA A.D. Beograd

Bulevar Zorana Djindjica 64 a

265-4210310003937-42

SRPSKA BANKA A.D. Beograd

Savska 25

295-1241424-58

Bank account was blockaded from 10.03.2011 to 11.03.2011 Bank account was blockaded from 14.04.2011 to 15.04.2011 Bank account was blockaded from 23.05.2011 to 24.05.2011 Bank account was blockaded from 13.06.2011 to 14.06.2011 Bank account was blockaded from 22.07.2011 to 25.07.2011 Bank account was blockaded from 18.10.2011 to 20.10.2011 Bank account was blockaded from 28.10.2011 to 31.10.2011 Bank account was blockaded from 02.11.2011 to 03.11.2011 Bank account was blockaded from 09.12.2011 to 13.12.2011 Bank account was blockaded from 11.01.2012 to 12.01.2012 Bank account was blockaded from 09.02.2012 to 10.02.2012 Bank account was blockaded from 11.05.2012 to 14.05.2012

 

Debt collection

Case Registered:

-

Case Status:

There is no record of any debt collection action.

Mode of payment

In some cases there have been delays and reminders

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.42

UK Pound

1

Rs.86.04

Euro

1

Rs.68.61

 

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.