MIRA INFORM REPORT

 

 

Report Date :           

13.07.2012

 

IDENTIFICATION DETAILS

 

Name :

HEMA EXIM TICARET A.S.

 

 

Registered Office :

Buyukdere Cad. Ucyol Mevkii No: 53 Maslak  Istanbul

 

 

Country :

Turkey

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

16.12.2011

 

 

Com. Reg. No.:

800321

 

 

Legal Form :

Joint Stock Company

 

 

Line of Business :

Wholesale trade of tractor and automotive spare parts

 

 

No. of Employees :

01

 

RATING & COMMENTS

 

MIRA’s Rating :

NB

 

RATING

STATUS

PROPOSED CREDIT LINE

----

NB

New Business

----

 

Status :

New Company

 

 

Payment Behaviour :

Unknown

 

 

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)

Turkey

b1

b1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

COMPANY IDENTIFICATION

 

NAME

:

HEMA EXIM TICARET A.S.

HEAD OFFICE ADDRESS

:

Buyukdere Cad. Ucyol Mevkii No: 53 Maslak  Istanbul / Turkey

PHONE NUMBER

:

90-212-276 28 91

90-212-285 22 44

 

FAX NUMBER

:

90-282-758 10 84 (Branch office)

 

 

 

LEGAL STATUS AND HISTORY

 

TAX OFFICE

:

Maslak 

TAX NO

:

4610421802

REGISTRATION NUMBER

:

800321

REGISTERED OFFICE

:

Istanbul Chamber of Commerce

DATE ESTABLISHED

:

16.12.2011

ESTABLISHMENT GAZETTE DATE/NO

:

22.12.2011/7967

LEGAL FORM

:

Joint Stock Company

TYPE OF COMPANY

:

Private

REGISTERED CAPITAL

:

TL   500.000

 

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

 

Mehmet Hattat

93 %

Ibrahim Hattat

2 %

Hema Otomotiv Sistemleri A.S.

1 %

Hattat Tarim Makinalari Sanayi Ve Ticaret A.S.

1 %

Hattat Otomotiv Pazarlama A.S.

1 %

Hattat Holding A.S.

1 %

Hema Endustri A.S.

1 %

 

 

GROUP PARENT COMPANY

:

HATTAT HOLDING A.S.

 

SISTER COMPANIES

:

BATI KARADENIZ ELEKTRIK URETIM A.S.

HATTAT AIR TICARET VE TURIZM ISLETMELERI A.S.

HATTAT DIAMOND OF ISTANBUL TURIZM ENDUSTRI A.S.

HATTAT ELEKTRIK DAGITIM PAZARLAMA A.S.

HATTAT HOLDING A.S.

HATTAT INSAAT SANAYI VE TICARET A.S.

HATTAT KARA ELMASLAR A.S.

HATTAT OTOMOTIV PAZARLAMA A.S.

HATTAT SIGORTA ARACILIGI A.S.

HATTAT TARIM MAKINALARI SANAYI VE TICARET A.S.

HEMA DIS TICARET A.S.

HEMA DOGAL ENERJI KAYNAKLARI A.S.

HEMA ELEKTRIK URETIM A.S.

HEMA ENDUSTRI A.S.

HEMA ENERJI A.S.

HEMA HOLDING A.S.

HEMA OTOMOTIV SISTEMLERI A.S.

HEMA TRW OTOMOTIV DIREKSIYON SISTEMLERI A.S.

HM HEMA DEFENSE ENDUSTRISI A.S.

 

SUBSIDIARIES

:

Declared to be: None

 

BOARD OF DIRECTORS

:

Ibrahim Hattat

Chairman

Halil Beyenal

Member

Osman Tunc Dogan

Member

Mehmet Hattat

Member

Abdullah Akkus

Member

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

Wholesale trade of tractor and automotive spare parts.

 

NACE CODE

:

G .50.30

 

SECTOR

:

Commerce

 

NUMBER OF EMPLOYEES

:

1

 

NET SALES

:

3.231.253 TL

(16.12-31.12.2011) 

 

 

CAPACITY

:

None

 

PRODUCTION

:

None

 

EXPORT VALUE

:

3.231.253 TL

(16.12-31.12.2011)

 

 

EXPORT COUNTRIES

:

U.S.A.

U.K.

 

MERCHANDISE  EXPORTED

:

Spare parts

 

HEAD OFFICE ADDRESS

:

Buyukdere Cad. Ucyol Mevkii No: 53 Maslak   Istanbul / Turkey

 

BRANCHES

:

Branch Office  :  Cerkezkoy Tekirdag/Turkey

 

INVESTMENTS

:

None

 

 

TREND OF BUSINESS

:

Undetermined; young business.

 

 

FINANCE

 

MAIN DEALING BANKS

:

Denizbank Istanbul Kurumsal Branch

Yapi ve Kredi Bankasi Esentepe Branch

 

PAYMENT BEHAVIORS

:

Unknown

 

 

KEY FINANCIAL ELEMENTS

:

 

(16.12-31.12.2011) TL

 

 

 

 

Net Sales

3.231.253

 

 

 

 

Profit (Loss) Before Tax

-3.027

 

 

 

 

Gross Profit (loss)

868

 

 

 

 

Operating Profit (loss)

-3.027

 

 

 

 

Net Profit (loss)

-3.027

 

 

 

 

 

 

 

 

COMMENT ON FINANCIAL POSITION

 

Profitability

Operating Loss (16.12-31.12.2011)

Net Loss (16.12-31.12.2011)

 

General Financial Position

The firm has loss but general financial position is undetermined.

 

 

Incr. in producers’ price index

 

Average USD/TL

Average EUR/TL

Average GBP/ TL

 ( 2011 )

13,33 %

1,6797

2,3378

2,6863

 ( 01.01-29.02.2012)

0,29 %

1,8055

2,3806

2,8364

 

 

 

 

INCOME STATEMENT

 

 

(16.12-31.12.2011) TL

 

Net Sales

3.231.253

1,00

Cost of Goods Sold

3.230.385

1,00

Gross Profit

868

0,00

Operating Expenses

3.895

0,00

Operating Profit

-3.027

0,00

Other Income

0

0,00

Other Expenses

0

0,00

Financial Expenses

0

0,00

Minority Interests

0

0,00

Profit (loss) of consolidated firms

0

0,00

Profit (loss) Before Tax

-3.027

0,00

Tax Payable

0

0,00

Postponed Tax Gain

0

0,00

Net Profit (loss)

-3.027

0,00

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.70

UK Pound

1

Rs.86.28

Euro

1

Rs.68.15

 

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.