|
Report Date : |
23.07.2012 |
IDENTIFICATION DETAILS
|
Name : |
MASCHINENFABRIK
RIETER AG |
|
|
|
|
Registered Office : |
Klosterstrasse
20 8406 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2011 |
|
|
|
|
Date of Incorporation : |
01.07.1952 |
|
|
|
|
Com. Reg. No.: |
020.3.916.776-1
/ 153459 |
|
|
|
|
Legal Form : |
Company
limited by shares |
|
|
|
|
Line of Business : |
Manufacture of machinery for textile, apparel and leather production |
|
|
|
|
No. of Employees : |
1'300 |
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 : |
Good |
|
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) |
|
Switzerland |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Maschinenfabrik Rieter AG
Operating address:
Klosterstrasse 20
8406 Winterthur
Switzerland/CH
Telephone: 052
2087171
Fax: 052
2087100
Web site: http://www.rieter.com
E-mail: info@rieter.com
VAT-No.: CHE105788761
Established: 1795
History: 1795: Established as J.J. Rieter Baumwoll- und
Kolonialwarenhandel
Line of Business: Machinery
Industry Division: Manufacturing
Industry-code (NACE): 2894 Manufacture of
machinery for textile, apparel and leather production
Import/Export: Export
Banks: UBS
Ltd
CS
Credit Suisse
Coverage: Company
Figures: approximately
Employees: 1'300
Sales: CHF
280'000'000.--
Rieter is a leading
supplier on the world market for textile machinery and components used in short
staple fiber spinning. The company develops and manufactures systems, machinery
and technology components used to convert natural and manmade fibers and their
blends into yarns. Rieter is the only supplier worldwide to cover spinning
preparation processes as well as all four final spinning processes currently
established on the market. The company has 18 manufacturing locations in 9
countries.
Real Estate: The
company owns extensive property.
Company No: 020.3.916.776-1
/ 153459
Legal form: Company
limited by shares
Registration: 01.07.1952
Legal status: active
Responsible Register: Handelsregister des Kantons Zürich (since 07.05.1985)
History: Date
of Statutes: 31.03.2009
Date
of Statutes: 30.10.2008
Date
of Statutes: 10.03.2004
Date
of Statutes: 21.08.1995
Date
of Statutes: 29.04.1985
Entry Deleted Name
active Maschinenfabrik
Rieter AG
active Rieter
Machine Works Ltd (Name translated)
active Ateliers
de Construction Rieter SA (Name translated)
active Fabbrica
di Macchine Rieter SA (Name translated)
active Fàbrica
de Máquinas Rieter SA (Name translated)
Entry Deleted Legal domicile
active Winterthur,
Switzerland
Entry Deleted Address
active Klosterstrasse
20, 8406 Winterthur/ZH, Switzerland/CH
Entry Deleted Capital
09.07.2004 Share
Capital CHF 8'500'000, paidup CHF 8'500'000
Entry Deleted Capital Structure
09.07.2004 85'000
Registered shares of CHF 100.--
Entry Deleted Activity (original Language)
20.04.2009 Die
Gesellschaft bezweckt den Betrieb einer Maschinenfabrik und Handelsunternehmung
in Winterthur und an anderen Orten, den Erwerb von und Handel mit Patenten,
Muster- und Modellrechten, Marken und anderen immateriellen Gütern, die
Erstellung von Studien über Beratung bei der Erstellung und dem Betrieb von
Anlagen und Vorgängen auf technischem Gebiet. Die Gesellschaft kann sich an
anderen Industrie- und Handelsunternehmen beteiligen sowie im In- und Ausland
Zweigniederlassungen errichten und Tochtergesellschaften gründen. Die
Gesellschaft kann Verwaltungsdienstleistungen für Dritte übernehmen. Die
Gesellschaft kann alle kommerziellen, finanziellen und anderen Tätigkeiten
ausüben, welche mit dem Zweck der Gesellschaft im Zusammenhang stehen. Sie kann
überdies anderen Gruppengesellschaften des Rieter-Konzerns Darlehen oder andere
Finanzierungen gewähren und für Verbindlichkeiten von solchen
Gruppengesellschaften Sicherheiten aller Art stellen, einschliesslich mittels
Pfandrechten an oder fiduziarischen Übereignungen von Aktiven der Gesellschaft
oder Garantien jedwelcher Art. Die Gesellschaft kann Grundstücke im In- und
Ausland erwerben, verwalten und veräussern.
20.04.2009 Betrieb einer Maschinenfabrik und
Handelsunternehmung in Winterthur und an anderen Orten, Erwerb von und Handel
mit Patenten, Muster- und Modellrechten, Marken und anderen immateriellen
Gütern, Erstellung von Studien über Beratung bei der Erstellung und dem Betrieb
von Anlagen und Vorgängen auf technischem Gebiet; kann sich an anderen
Industrie- und Handelsunternehmen beteiligen, Verwaltungsdienstleistungen für
Dritte übernehmen sowie Grundstücke erwerben, verwalten und veräussern.
Title Name
President Peter
Gnägi, Origin: Schwadernau, Switzerland, Residential address: Stäfa, Switzerland,
born: 02.07.1954, joint signature of two
Executive Director Thomas Anwander, Origin: Winterthur,
Switzerland, Residential address: 8400 Winterthur/ZH, Switzerland, born:
19.02.1960, joint signature of two
Executive Director Joris Gröflin-Liebherr, Origin: Basel,
Switzerland, Residential address: 8000 Zürich/ZH, Switzerland, joint signature
of two, Registered since: 28.06.2011
Title Name
Member of the management Reto Thom, Origin: Susch, Switzerland, Residential address:
Seuzach, Switzerland, born: 04.01.1959, joint signature of two
Member with signing authority Markus Bischof, Origin: Eggersriet,
Switzerland, Residential address: Kaltbrunn, Switzerland, joint signature of
two, Registered since: 02.02.2012
Member with signing authority Troy Michael Cooley, Origin: Germany,
Residential address: Aristau, Switzerland, joint signature of two, Registered
since: 26.06.2012
Member with signing authority Martin Deflorin, Origin: Disentis/Mustér,
Switzerland, Residential address: Stäfa/ZH, Switzerland, joint signature of
two, Registered since: 02.02.2012
Member with signing authority Niklaus Heimberg, Origin: Oberwil im
Simmental, Switzerland, Residential address: Iseltwald, Switzerland, joint
signature of two, Registered since: 15.11.2011
Member with signing authority Stephan Jost, Origin: Fahrni,
Switzerland, Residential address: Rapperswil-Jona/SG, Switzerland, joint
signature of two, Registered since: 02.02.2012
Member with signing authority René Meier, Origin: Baldingen,
Switzerland, Residential address: Wiesendangen, Switzerland, joint signature of
two, Registered since: 02.02.2012
Member with signing authority Lars Olböter, Origin: Germany,
Residential address: Sankt Augustin , Germany, joint signature of two,
Registered since: 15.11.2011
Member with signing authority Andreas Parpan, Origin: Vaz/Obervaz,
Switzerland, Residential address: Jenins, Switzerland, joint signature of two,
Registered since: 20.03.2012
Member with signing authority Fabio Patera, Origin: Zürich,
Switzerland, Residential address: Rümlang/ZH, Switzerland, joint signature of
two, Registered since: 05.06.2012
Member with signing authority Sonja Rothenberger, Origin: Zürich,
Switzerland, Residential address: Münsterlingen, Switzerland, joint signature
of two, Registered since: 02.02.2012
Member with signing authority Thomas Stäubli, Origin: Magden,
Switzerland, Residential address: Magden, Switzerland, joint signature of two,
Registered since: 19.08.2011
Member with signing authority Werner Strasser, Origin: Nussbaumen, Winterthur,
Switzerland, Residential address: Steckborn, Switzerland, joint signature of
two
Member with signing authority Andrea Zweifel, Origin: Glarus Süd,
Switzerland, Residential address: Dübendorf/ZH, Switzerland, joint signature of
two, Registered since: 20.03.2012
Member with procuration Nicole Balhuber, Origin: Zürich, Switzerland,
Residential address: 8000 Zürich/ZH, Switzerland, joint power of attorney of
two, Registered since: 14.02.2011
Member with procuration Marco Beutler, Origin: Altstätten, Switzerland,
Residential address: Kilchberg /ZH, Switzerland, joint power of attorney of
two, Registered since: 11.09.2009
Member with procuration Yves Birchmeier, Origin: Baar, Switzerland, Residential
address: 8400 Winterthur/ZH, Switzerland, joint power of attorney of two
Member with procuration Antonina Di Mario, Origin: Winterthur, Switzerland,
Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney
of two, Registered since: 11.09.2009
Member with procuration Juan Gonzalez, Origin: Spain, Residential address:
Dägerlen, Switzerland, joint power of attorney of two, Registered since:
30.11.2010
Member with procuration Susanne Gygax, Origin: Thunstetten, Switzerland,
Residential address: 8500 Frauenfeld/TG, Switzerland, joint power of attorney
of two, Registered since: 14.02.2011
Member with procuration Rudolf Härdi, Origin: Schlossrued, Switzerland,
Residential address: 5616 Meisterschwanden/AG, Switzerland, joint power of
attorney of two, Registered since: 02.12.2009
Member with procuration Nanette Susanne Haubensak, Origin: Germany, Residential
address: 8001 Zürich/ZH, Switzerland, joint power of attorney of two,
Registered since: 14.07.2010
Member with procuration Marc Heim, Origin: Thun, Switzerland, Residential
address: Nürensdorf, Switzerland, joint power of attorney of two, Registered
since: 30.11.2010
Member with procuration Björn Gunnar Johansson, Origin: Sweden, Residential
address: 8400 Winterthur/ZH, Switzerland, joint power of attorney of two,
Registered since: 30.11.2010
Member with procuration Roland Kasper, Origin: Zetzwil, Switzerland,
Residential address: Oberenfelden, Switzerland, joint power of attorney of two,
Registered since: 18.06.2010
Member with procuration Carsten Liske, Origin: Germany, Residential address:
Freienbach , Switzerland, joint power of attorney of two, Registered since:
22.10.2009
Member with procuration Roger Lörtscher, Origin: Oberwil im Simmental,
Switzerland, Residential address: Elgg, Switzerland, joint power of attorney of
two, Registered since: 29.01.2009
Member with procuration Kurt Lüttinger, Origin: Winterthur, Switzerland,
Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney
of two, Registered since: 24.03.2010
Member with procuration Peter Müller, Origin: Rohrbach, Switzerland,
Residential address: 8400 Winterthur/ZH, Switzerland, joint power of attorney
of two
Member with procuration Felix Scherrer, Origin: Zürich, Switzerland,
Residential address: Zumikon, Switzerland, joint power of attorney of two,
Registered since: 29.08.2011
Member with procuration Heinz Schmid, Origin: Waltalingen, Switzerland,
Residential address: Wil/SG, Switzerland, joint power of attorney of two,
Registered since: 29.01.2009
Member with procuration Peter Schulz, Origin: Germany, Residential address:
Maxhütte-Haidhof, Germany, joint power of attorney of two, Registered since:
02.12.2009
Member with procuration Reto Starkenmann, Origin: Winterthur, Switzerland,
Residential address: 8478 Thalheim an der Thur/ZH, Switzerland, joint power of
attorney of two, Registered since: 14.02.2011
Member with procuration Gerlad Steiner, Origin: Sursee, Switzerland,
Residential address: 8302 Kloten/ZH, Switzerland, joint power of attorney of
two, Registered since: 24.03.2010
Member with procuration Matthias Stüssi, Origin: Niederurnen, Switzerland,
Residential address: 8451 Kleinandelfingen/ZH, Switzerland, joint power of
attorney of two, Registered since: 02.02.2010
Member with procuration Arne Thielemann, Origin: Germany, Residential address:
Lengwil, Switzerland, joint power of attorney of two
Member with procuration Urs Tschanz, Origin: Wichtrach, Switzerland,
Residential address: 8239 Dörflingen/SH, Switzerland, joint power of attorney
of two, Registered since: 28.06.2011
Member with procuration Pascal von Gunten, Origin: Sigriswil, Switzerland,
Residential address: 9000 St. Gallen/SG, Switzerland, joint power of attorney
of two, Registered since: 10.08.2010
Member with procuration Christoph Wäger, Origin: Adliswil, Switzerland, Residential
address: 9100 Herisau/AR, Switzerland, joint power of attorney of two,
Registered since: 28.06.2011
Member with procuration Edda Walraf, Origin: Oberhelfenschwil, Switzerland,
Residential address: Pfäffikon/ZH, Switzerland, joint power of attorney of two
Member with procuration Dionys Wanner, Origin: Zürich, Switzerland, Residential
address: 8702 Zollikon/ZH, Switzerland, joint power of attorney of two,
Registered since: 14.02.2011
Member with procuration Cafer Tayyar Yörüker, Origin: Winterthur, Switzerland,
Residential address: 8602 Wangen-Brüttisellen/ZH, Switzerland, joint power of
attorney of two, Registered since: 31.03.2010
Member with procuration Andreas Zanini, Origin: Sarmenstorf, Switzerland,
Residential address: Embrach, Switzerland, joint power of attorney of two
Member with procuration Rolf Zimmermann, Origin: Elsau, Switzerland,
Residential address: Schwerzenbach, Switzerland, joint power of attorney of
two, Registered since: 29.01.2009
Title Name
Auditor PricewaterhouseCoopers
AG, Residential address: Zürich, Switzerland
Title Name
Chief Executive Officer Peter Gnägi
Chief Financial Officer Peter Müller
Chief Marketing Officer Edda Walraf
Consolidation: consolidated
Industry: Trade/Industry
Fiscal year end: 31.12.2011 31.12.2010 31.12.2009 31.12.2008 31.12.2007
Number of months: 12 12 12 12 12
Currency: th.
CHF th. CHF th. CHF th. CHF th.
CHF
Statement norm: IAS IAS IAS IAS IAS
Balance Sheet
Intangible fixed assets 9'500.0 15'200.0 23'000.0 30'200.0 156'600.0
Land and buildings 118'600.0 232'400.0 264'100.0 290'500.0 337'600.0
Other tangible fixed assets 109'000.0 373'700.0 431'900.0 495'800.0 579'800.0
Tangible fixed assets 227'600.0 606'100.0 696'000.0 786'300.0 917'400.0
Financial fixed assets 78'400.0 175'600.0 164'000.0 107'900.0 105'900.0
other fixed assets 6'500.0 5'300.0 3'500.0 4'900.0 12'100.0
Fixed assets 322'000.0 802'200.0 886'500.0 929'300.0 1'192'000.0
Stocks 234'800.0 328'400.0 266'000.0 361'300.0 510'000.0
Trade accounts receivable 84'100.0 381'500.0 331'500.0 382'100.0 625'300.0
Liquid assets 408'300.0 351'900.0 217'700.0 282'600.0 257'500.0
Securities 7'300.0 7'100.0 13'000.0 7'700.0 114'600.0
other trade accounts 49'200.0 86'200.0 92'400.0 125'900.0 148'000.0
Accruals 5'700.0 11'800.0 7'000.0 0.0
Other current assets 470'500.0 457'000.0 330'100.0 416'200.0 520'100.0
Current assets 789'400.0 1'166'900.0 927'600.0 1'159'600.0 1'655'400.0
Total assets 1'111'400.0 1'969'100.0 1'814'100.0 2'088'900.0 2'847'400.0
Capital 23'400.0 23'400.0 23'400.0 21'400.0 22'300.0
Other shareholders funds 355'900.0 533'500.0 563'800.0 668'500.0 1'287'100.0
Total shareholders equity 379'300.0 556'900.0 587'200.0 689'900.0 1'309'400.0
Minority interests 8'400.0 70'700.0 68'600.0 56'300.0 60'100.0
long term debt (financial debts) 253'500.0 296'300.0 140'700.0 128'800.0 47'500.0
Provisions 104'300.0 180'700.0 182'200.0 226'800.0 180'100.0
Other non current liabilities 42'300.0 80'100.0 76'400.0 63'300.0 94'000.0
Non current liabilities 400'100.0 557'100.0 399'300.0 418'900.0 321'600.0
short term debt (financial debts) 3'100.0 66'200.0 81'700.0 198'300.0 180'100.0
Trade accounts payable 176'200.0 426'700.0 226'800.0 268'500.0 446'300.0
Provisions 38'600.0 89'000.0 174'300.0 153'700.0
Accruals 64'100.0 104'300.0 115'700.0 113'700.0 186'200.0
other accounts payable 41'600.0 98'200.0 160'500.0 189'600.0 343'700.0
other current liabilities 144'300.0 291'500.0 450'500.0 457'000.0 529'900.0
Current liabilities 323'600.0 784'400.0 759'000.0 923'800.0 1'156'300.0
Shareh. equity, min. interests + liabilities 1'111'400.0 1'969'100.0 1'814'100.0 2'088'900.0 2'847'400.0
Profit and loss account
Sales 1'060'800.0 2'585'800.0 1'956'300.0 3'142'500.0 3'930'100.0
Reduction of proceeds 60'100.0 96'400.0 73'600.0 130'600.0 147'200.0
Net sales 1'000'700.0 2'489'400.0 1'882'700.0 3'011'900.0 3'782'900.0
Other operating revenue 70'600.0 66'100.0 -36'200.0 -40'200.0 39'900.0
Operating revenue 1'071'300.0 2'555'500.0 1'846'500.0 2'971'700.0 3'822'800.0
Cost of goods sold 497'800.0 1'213'200.0 885'100.0 1'440'800.0 1'843'800.0
Gross profit 573'500.0 1'342'300.0 961'400.0 1'530'900.0 1'979'000.0
Other operating expenses 460'900.0 1'244'300.0 1'148'000.0 1'843'000.0 1'701'300.0
Operating result 112'600.0 98'000.0 -186'600.0 -312'100.0 277'700.0
Interest revenues 6'900.0 2'800.0 4'000.0 9'500.0 8'800.0
other financial revenues 52'300.0 800.0 700.0 500.0 46'800.0
Financial income 59'200.0 3'600.0 4'700.0 10'000.0 55'600.0
Interest expenses 17'100.0 29'400.0 27'600.0 21'100.0 16'200.0
other financial expenses 16'700.0 5'400.0 2'000.0 53'600.0 15'700.0
Financial expenses 33'800.0 34'800.0 29'600.0 74'700.0 31'900.0
Financial result 25'400.0 -31'200.0 -24'900.0 -64'700.0 23'700.0
Result before extraordinary items 138'000.0 66'800.0 -211'500.0 -376'800.0 301'400.0
Extraordinary income 151'000.0
Extraordinary Result 151'000.0 0.0 0.0 0.0 0.0
Result before taxes 289'000.0 66'800.0 -211'500.0 -376'800.0 301'400.0
Taxes 19'000.0 25'200.0 6'000.0 19'900.0 89'900.0
Result before minority interests 270'000.0 41'600.0 -217'500.0 -396'700.0 211'500.0
minority interests 2'800.0 15'100.0 6'400.0 9'200.0 14'300.0
Result for the financial year 267'200.0 26'500.0 -223'900.0 -405'900.0 197'200.0
Cash flow
Depreciation 33'900.0 124'800.0 140'900.0 259'500.0 158'300.0
Cash flow 303'900.0 166'400.0 -76'600.0 -137'200.0 369'800.0
Cash flow from operating activities 10'100.0 106'100.0 -1'600.0 57'200.0 394'900.0
Investments in tangible fixed assets 57'300.0 98'200.0 61'700.0 140'900.0 203'500.0
Cash flow from investing activities -21'500.0 -92'500.0 -33'200.0 -35'800.0 -118'500.0
Cash flow from financing activities 71'200.0 129'300.0 -27'800.0 8'800.0 -309'500.0
Others -3'400.0 -8'700.0 -2'300.0 -5'100.0 -7'800.0
Change in liquidity 56'400.0 134'200.0 -64'900.0 25'100.0 -40'900.0
Liquidity at beginning of the year 351'900.0 217'700.0 282'600.0 257'500.0 298'400.0
Liquidity at end ot the year 408'300.0 351'900.0 217'700.0 282'600.0 257'500.0
Notes
Material costs 497'800.0 1'213'200.0 885'100.0 1'440'800.0 1'843'800.0
Cost of employees 302'300.0 764'700.0 693'000.0 938'200.0 1'064'000.0
Research and Development 39'500.0 93'900.0 98'700.0 122'300.0 141'100.0
Orders received 958'300.0 3'170'000.0 1'935'100.0 2'561'600.0 4'066'400.0
Added value 642'300.0 985'700.0 650'000.0 842'000.0 1'539'900.0
Working Capital 142'700.0 283'200.0 370'700.0 474'900.0 689'000.0
Sales per Employee 213.1 194.4 147.5 212.4 244.0
Market capitalisation 653'200.0 1'565'800.0 1'084'500.0 650'900.0 1'965'700.0
Gross cost land and buildings 257'000.0 495'600.0 543'700.0 566'400.0 647'100.0
Gross cost other tangible fixed assets 473'000.0 1'541'300.0 1'774'200.0 1'764'100.0 1'957'400.0
Gross cost total 730'000.0 2'036'900.0 2'317'900.0 2'330'500.0 2'604'500.0
Insurance value land and buildings 539'800.0 1'024'200.0 1'353'400.0 1'337'900.0 1'451'100.0
Employees at
year end 4'695 12'804 12'761 14'183 15'506
Employees inland 1'536 1'660 1'750 1'825
Employees abroad 11'268 11'101 12'433 13'681
Name: Rieter
Holding AG
City/Country: Winterthur,
Switzerland/CH
No. of Owner/-s: 1
Owner: The
company is domestic owned.
Class: 100%
Name: Rieter
Holding AG
City/Country: Winterthur,
Switzerland/CH
Interest: 100.00%
voting right, 100.00% capital interest
It is believed that
the company has no investments.
An updated legal
action check is only available against proof of interest. e.g. a copy of an
enquiry letter, and order or invoice relating to the subject company.
Financial Statements: The company does not disclose any financial statements. Third
parties are not permitted any insight into the financial affairs. It is
therefore difficult to make a proper assessment of the actual situation.
Financial Situation: The financial situation is good.
Payment experiences: Financial obligations are paid promptly.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.15 |
|
|
1 |
Rs.86.57 |
|
Euro |
1 |
Rs.67.60 |
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.