|
Report Date : |
20.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
DIEHL
AEROSPACE GMBH |
|
|
|
|
Registered Office : |
Alte
Nußdorfer Str. 23 D 88662 Überlingen |
|
|
|
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Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
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Year of Establishment : |
2000 |
|
|
|
|
Com. Reg. No.: |
HRB
581408 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Manufacture
of aircraft and spacecraft and related machinery |
|
|
|
|
No. of Employees : |
1,223 |
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 |
|
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 31st, 2012
|
Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
|
Germany |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
NOTE:
The subject of your inquiry
is a branch. We are reporting on the headquarters.
Diehl Aerospace GmbH
Company Status: active
Alte Nußdorfer Str. 23
D 88662 Überlingen
Telephone:07551/8902
Telefax: 07551/896001
Homepage: www.diehl-avionik.de
DE813025205
Business relations are permissible.
The company is considered
solvent for credits within
its scope of business.
LEGAL FORM Private
limited company
Date of foundation: 2000
Shareholders'
agreement: 31.05.2000
Registered on: 07.08.2000
Commercial Register: Local court 79098 Freiburg
under: HRB
581408
EUR 9,310,000.00
Diehl Aerosystems-Holding GmbH
Stephanstr. 49
D 90478 Nürnberg
Legal form: Private limited company
Share capital: EUR 29,000,000.00
Share: EUR 4,748,100.00
Registered on: 02.07.2007
Reg. data: 90402 Nürnberg, HRB 23567
Shareholder:
Thales Avionics S.A.
F Frankreich
Legal form: Other legal form
Share: EUR 4,561,900.00
Manager:
Gerardo Walle
D 88662 Überlingen
born: 06.05.1956
Manager:
Wolfgang Bieber
D 78628 Rottweil
born: 13.02.1963
Manager:
Christoph Ritzkat
D 75305 Neuenbürg
born: 21.04.1966
Proxy:
Martin Amend
Kirchtalstr. 4
D 78713 Schramberg
authorized to jointly represent the company
born: 24.06.1956
Proxy:
Joachim Hienstorfer
Nußdorfer Str. 6
D 88662 Überlingen
authorized to jointly represent the company
born: 28.05.1964
Profession: Solicitor
Marital status: married
Proxy:
Gerhard Weber
D 35641 Schöffengrund
authorized to jointly represent the company
born: 07.07.1948
Proxy:
Dieter Ebersbach
Am Zollholz 4
D 90571 Schwaig
authorized to jointly represent the company
born: 16.12.1951
Profession: degree-level economist (collegeed.)
Marital status: married
Proxy:
Christian Below
D 64409 Messel
authorized to jointly represent the company
born: 25.06.1961
Proxy:
Walter Fleischmann
D 90584 Allersberg
authorized to jointly represent the company
born: 29.01.1959
Proxy:
Björn Gerlach
D 88045 Friedrichshafen
authorized to jointly represent the company
born: 25.11.1970
07.08.2000 -
07.07.2006 Diehl Avionik Systeme GmbH
Alte Nußdorfer Str. 23
D 88662 Überlingen
Private limited company
Sectors
30300 Manufacture of aircraft and spacecraft and
related machinery
Works:
Diehl Aerospace GmbH - Niederlassung -
An der Sandelmühle 13
D 60439 Frankfurt
TEL.: 069/58050
FAX.: 069/58051399
Branch:
Diehl Aerospace GmbH - Niederlassung -
Donaustr. 120
D 90451 Nürnberg
TEL.: 0911/9494400
Branch:
Diehl Aerospace GmbH -Niederlassung
Erich-Schlesinger-Str. 37
D 18059 Rostock
TEL.: 0381/45363222
FAX.: 0381/58052922
Branch:
Diehl Aerospace GmbH Airbus Technologie Park
-Kundendienstzentrum-
Hein-Saß-Weg 36
D 21129 Hamburg
TEL.: 040/31798710
FAX.: 040/31798712
Payment experience: within agreed terms
Negative information:We
have no negative information at hand.
Balance sheet year: 2010
Type of ownership: proprietor
Share: 100.00 %
Address Alte Nußdorfer Str. 23
D 88662
Überlingen
Land register documents
were not available.
Principal bank
BADEN-WÜRTTEMBERGISCHE
BANK/LANDESBANK BADEN-WÜRTTEMBERG, SINGEN
(HOHENTWIEL)
Sort. code: 60050101, BIC:
SOLADEST600
Further banks
COMMERZBANK, FRANKFURT AM
MAIN
Sort. code: 50040000, BIC:
COBADEFFXXX
SPARKASSE BODENSEE,
ÜBERLINGEN, BODENSEE
Sort. code: 69050001, BIC:
SOLADES1KNZ
Turnover: 2010 EUR 194,027,034.00
2011 EUR 275,770,000.00
Profit: 2010 EUR 4,532,546.00
further business figures:
Equipment: EUR 5,570,447.00
Ac/ts receivable: EUR 39,443,912.00
Liabilities: EUR 107,773,233.00
Employees:
1,223
-
Trainees:
24
Balance
sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 5.20
Liquidity ratio: 0.31
Return on total capital [%]: 2.80
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 8.19
Liquidity ratio: 0.44
Return on total capital [%]: 4.01
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 8.47
Liquidity ratio: 0.43
Return on total capital [%]: 2.98
Balance
sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 10.95
Liquidity ratio: 0.51
Return on total capital [%]: 4.62
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.
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2010 - 31.12.2010
ASSETS EUR 215,934,430.61
Fixed assets
EUR 32,800,164.53
Intangible assets
EUR 2,030,800.00
Concessions, licences, rights
EUR 2,030,800.00
Tangible assets EUR
28,024,776.48
Land / similar rights
EUR 3,711,408.54
Plant / machinery
EUR 10,115,737.00
Other tangible assets / fixtures and
fittings
EUR 5,570,446.82
Advance payments made / construction
in progress
EUR 8,627,184.12
Financial assets
EUR 2,744,588.05
Shares in participations /
subsidiaries and the like EUR 2,388,584.89
Shares in related companies
EUR 1,974,077.35
Shares in investee companies
EUR 414,507.54
Other loans
EUR 356,003.16
Current assets EUR 181,225,747.11
Stocks
EUR 128,060,082.64
Raw materials, consumables and
supplies
EUR 22,651,326.23
Finished goods / work in progress
EUR 105,381,663.00
Advance payments made
EUR 27,093.40
Accounts receivable
EUR 39,443,912.16
Amounts due from shareholders
EUR 10,511,586.66
Trade debtors EUR 21,183,083.86
Amounts due from related companies
EUR 757,145.15
Amounts due from investee companies
EUR 462,985.09
Other debtors and assets
EUR 6,529,111.40
Liquid means EUR 13,721,752.31
Remaining other assets
EUR 1,908,518.97
Accruals (assets)
EUR 705,518.97
Deferred taxes (assets)
EUR 1,203,000.00
LIABILITIES EUR 215,934,430.61
Shareholders' equity
EUR 20,196,368.81
Capital
EUR 9,310,000.00
Subscribed capital (share capital)
EUR 9,310,000.00
Reserves
EUR 5,813,823.20
Capital reserves
EUR 5,171,607.20
Retained earnings / revenue reserves EUR 642,216.00
Balance sheet profit/loss (+/-)
EUR 5,072,545.61
Profit / loss brought forward
EUR 540,000.00
Annual surplus / annual deficit
EUR 4,532,545.61
Provisions
EUR 80,365,762.83
Pension provisions and comparable
provisions
EUR 48,821,916.00
Provisions for taxes
EUR 968,106.70
Other / unspecified provisions
EUR 30,575,740.13
Liabilities
EUR 107,773,232.92
Financial debts
EUR 32,128,335.14
Liabilities due to banks
EUR 32,128,335.14
Other liabilities
EUR 75,644,897.78
Trade creditors (for IAS incl. bills
of exchange) EUR 32,425,907.15
Liabilities from received advance
payments
EUR 35,543,555.32
Liabilities due to shareholders
EUR 1,967,224.29
Liabililties due to related companiesEUR 1,881,583.39
Liabilities due to investee companiesEUR 103,675.81
Unspecified other liabilities
EUR 3,722,951.82
thereof liabilities from tax /
financial authorities EUR
1,872,646.40
thereof liabilities from social
security
EUR 482,507.88
Other liabilities
EUR 7,599,066.05
Deferrals (liabilities)
EUR 7,525,066.05
Deferred taxes (not included under
provisions/liabilities)
EUR 74,000.00
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 194,027,033.54
Inventory change + own costs (+/-)
EUR 15,108,338.03
Inventory change (+/-)
EUR 13,985,492.75
Capitalised own costs
EUR 1,122,845.28
Other operating income
EUR 22,775,616.46
Cost of materials
EUR 86,651,493.45
Raw materials and supplies, purchased
goods
EUR 75,159,544.70
Purchased services
EUR 11,491,948.75
Gross result (+/-)
EUR 145,259,494.58
Staff expenses
EUR 85,530,253.68
Wages and salaries
EUR 70,949,809.58
Social security contributions and
expenses
for pension plans and
benefits
EUR 14,580,444.10
Total depreciation
EUR 5,255,321.84
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus. EUR 5,255,321.84
Other operating expenses
EUR 41,486,360.07
Operating result from continuing
operations
EUR 12,987,558.99
Result from participating interests
(+/-)
EUR 745,267.55
Expenses / income from participations EUR 745,267.55
Income from related companies
EUR 745,267.55
Interest result (+/-)
EUR -7,265,176.69
Interest and similar income
EUR 904,251.39
thereof from related companies
EUR 7,814.76
Interest and similar expenses
EUR 8,169,428.08
thereof paid to related companies EUR 31,867.77
Financial result (+/-)
EUR -6,519,909.14
Result from ordinary operations (+/-)
EUR 6,467,649.85
Extraordinary expenses
EUR 1,190,667.00
Extraordinary result (+/-)
EUR -1,190,667.00
Income tax / refund of income tax (+/-)EUR -744,437.24
Tax
(+/-)
EUR -744,437.24
Annual surplus / annual deficit
EUR 4,532,545.61
Type
of balance
sheet: Company balance sheet
Financial year: 01.01.2009 - 31.12.2009
ASSETS EUR 199,745,029.64
Fixed assets
EUR 30,768,197.68
Intangible assets EUR 1,891,573.00
Concessions, licences, rights
EUR 1,891,573.00
Tangible assets
EUR 26,300,513.75
Land / similar rights
EUR 3,696,073.54
Plant / machinery
EUR 8,185,124.00
Other tangible assets / fixtures and
fittings
EUR 6,149,187.82
Advance payments made / construction
in progress
EUR 8,270,128.39
Financial assets
EUR 2,576,110.93
Shares in participations /
subsidiaries and the like
EUR 2,388,584.89
Shares in related companies
EUR 1,974,077.35
Shares
in investee companies EUR 414,507.54
Other loans
EUR 187,526.04
Current assets
EUR 167,597,929.99
Stocks
EUR 112,490,237.27
Raw materials, consumables and
supplies
EUR 21,027,518.94
Finished goods / work in progress
EUR 91,462,718.33
Accounts receivable
EUR 51,645,742.08
Amounts due from shareholders
EUR 11,753,607.09
Trade debtors
EUR 23,451,925.28
Amounts due from related companies
EUR 1,686,729.66
Amounts due from investee companies
EUR 247,213.12
Other debtors and assets EUR 14,506,266.93
Liquid means
EUR 3,461,950.64
Remaining other assets
EUR 1,378,901.97
Accruals (assets)
EUR 838,901.97
Deferred taxes (assets)
EUR 540,000.00
LIABILITIES EUR 199,745,029.64
Shareholders' equity
EUR 22,817,543.24
Capital
EUR 9,310,000.00
Subscribed capital (share capital)
EUR 9,310,000.00
Reserves
EUR 5,171,607.20
Capital reserves
EUR 5,171,607.20
Balance sheet profit/loss (+/-)
EUR 8,335,936.04
Profit / loss brought forward
EUR 830,000.00
Annual surplus / annual deficit
EUR 7,505,936.04
Provisions
EUR 78,309,757.78
Pension
provisions and comparable
provisions
EUR 45,001,883.00
Provisions for taxes
EUR 1,027,247.78
Other / unspecified provisions
EUR 32,280,627.00
Liabilities EUR 98,613,376.50
Financial debts
EUR 23,399,427.77
Liabilities due to banks
EUR 23,399,427.77
Other liabilities
EUR 75,213,948.73
Trade creditors (for IAS incl. bills
of exchange)
EUR 30,574,433.65
Liabilities from received advance
payments
EUR 34,425,902.14
Liabilities due to shareholders
EUR 5,198,254.06
Liabililties due to related companiesEUR 1,240,530.58
Liabilities due to investee companiesEUR 223,422.80
Unspecified other liabilities
EUR 3,551,405.50
thereof liabilities from tax /
financial authorities EUR 1,375,135.23
thereof liabilities from social
security
EUR 702,924.76
Other liabilities
EUR 4,352.12
Deferrals (liabilities)
EUR 4,352.12
PROFIT AND LOSS ACCOUNT (cost-summary method)
according to Comm.
Code
(HGB)
Sales
EUR 205,907,287.30
Inventory change + own costs (+/-)
EUR -6,485,705.50
Inventory change (+/-)
EUR -7,083,722.73
Capitalised own costs
EUR 598,017.23
Other operating income
EUR 22,073,032.09
Cost of materials
EUR 84,848,686.07
Raw materials and supplies, purchased
goods
EUR 67,926,827.80
Purchased services
EUR 16,921,858.27
Gross result (+/-)
EUR 136,645,927.82
Staff expenses
EUR 83,201,231.82
Wages and salaries
EUR 69,986,106.80
Social security contributions and
expenses for pension plans and
benefits
EUR 13,215,125.02
Total depreciation
EUR 5,243,479.47
Depreciation on tangible / intangible
asssets (incl. start-up and exp. of
bus.
EUR 5,243,479.47
Other operating expenses
EUR 31,089,250.85
Operating result from continuing
operations
EUR 17,111,965.68
Result from participating interests
(+/-)
EUR 729,927.01
Expenses / income from participations EUR 729,927.01
Income from related companies
EUR 729,927.01
Interest result (+/-)
EUR -6,551,045.55
Interest and similar income
EUR 162,042.00
thereof from related companies
EUR 5,343.01
Interest and similar expenses
EUR 6,713,087.55
thereof paid to related companies
EUR 47,788.53
Financial result (+/-)
EUR -5,821,118.54
Result from ordinary operations (+/-)
EUR 11,290,847.14
Income tax / refund of income tax (+/-)EUR -3,784,911.10
Tax
(+/-)
EUR -3,784,911.10
Annual surplus / annual deficit
EUR 7,505,936.04
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.38 |
|
|
1 |
Rs.86.75 |
|
Euro |
1 |
Rs.68.06 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.