MIRA
INFORM REPORT
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Report Date : |
23.07.2012 |
IDENTIFICATION DETAILS
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Name : |
INTERGLOBO SRL |
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Registered Office : |
Piazza Dante 7, Genova, 16121 |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
23.01.1968 |
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Com. Reg. No.: |
00389060104 |
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Legal Form : |
Private Subsidiary Company |
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Line of Business : |
Subject is engaged in loading and unloading of goods or passengers’ luggage irrespective of the mode of transport used for transportation; and stevedoring. |
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No. of Employees : |
45 |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Italy |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name & address
Interglobo SRL
Piazza Dante 7
Genova, 16121
Italy
Tel: +39 010 544611
Fax: +39 010 54461351
Synthesis
Employees: 45
Company Type: Private Subsidiary
Corporate Family: 2
Companies
Ultimate Parent: INTERGLOBO HOLDING SRL
Incorporation Date:
23-Jan-1968
Financials in: USD
(Millions)
Fiscal Year End:
31-Dec-2010
Reporting Currency: Euro
Annual Sales: 117.5
Total Assets: 59.8
Business Description
INTERGLOBO SRL is primarily engaged in loading and unloading of goods or passengers’ luggage irrespective of the mode of transport used for transportation; and stevedoring.
Industry
Industry Miscellaneous Transportation
ANZSIC 2006: 5299 - Other
Transport Support Services Not Elsewhere Classified
NACE 2002: 6311 - Cargo
handling
NAICS 2002: 488 - Support
Activities for Transportation
UK SIC 2003: 6311 - Cargo
handling
US SIC 1987: 4731 - Arrangement
of Transportation of Freight and Cargo
Key Executives
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Name |
Title |
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Fabrizio Parodi |
President |
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Fabio Brassesco |
Member of the board |
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Alberto Verardo |
Member of the board |
Registered No.(ITA): 00389060104
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
Location
Piazza Dante 7
Genova, 16121
Italy
Tel: +39 010 544611
Fax: +39 010 54461351
Sales EUR(mil): 88.7
Assets EUR(mil): 44.6
Employees: 45
Fiscal Year End: 31-Dec-2010
Industry: Miscellaneous
Transportation
Incorporation Date: 23-Jan-1968
Company Type: Private
Subsidiary
Quoted Status: Not
Quoted
Registered No.(ITA): 00389060104
President: Fabrizio
Parodi
Contents
· Industry Codes
Business
Description
Financial
Data
Key
Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
5299 - Other Transport Support Services Not Elsewhere Classified
NACE 2002 Codes:
6311 - Cargo handling
NAICS 2002 Codes:
488 - Support Activities for Transportation
US SIC 1987:
4731 - Arrangement of Transportation of Freight and Cargo
UK SIC 2003:
6311 - Cargo handling
Business
Description
INTERGLOBO SRL is primarily engaged in loading and unloading of goods or
passengers’ luggage irrespective of the mode of transport used for transportation;
and stevedoring.
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Corporate
Family |
Corporate
Structure News: |
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Interglobo SRL |
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Interglobo SRL |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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INTERGLOBO HOLDING SRL |
Parent |
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Interglobo SRL |
Subsidiary |
Genova, Genova |
Italy |
Miscellaneous Transportation |
117.5 |
45 |
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Executive report
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Board
of Directors |
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Member of the board |
Director/Board Member |
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Member of the board |
Director/Board Member |
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Executives |
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President |
President |
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Managing director |
Managing Director |
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Annual Profit & Loss
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate
(Period Average) |
0.755078 |
0.719047 |
0.683679 |
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Consolidated |
No |
No |
No |
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Total income |
117.8 |
86.7 |
141.7 |
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Net sales |
117.5 |
86.7 |
141.5 |
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Other operating income |
0.3 |
0.0 |
0.2 |
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Raw materials and consumables employed |
0.1 |
0.1 |
0.1 |
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Other expenses |
107.5 |
77.5 |
129.5 |
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Total payroll costs |
3.6 |
3.8 |
4.9 |
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Fixed asset depreciation and amortisation |
0.4 |
0.8 |
1.5 |
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Other operating costs |
0.4 |
0.3 |
0.4 |
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Net operating
income |
5.9 |
4.2 |
5.3 |
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Total financial
income |
0.2 |
-0.9 |
1.3 |
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Total expenses |
1.9 |
2.0 |
2.9 |
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Profit before tax |
4.2 |
1.3 |
3.6 |
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Extraordinary result |
-0.1 |
0.0 |
-0.2 |
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Profit after extraordinary items and
before tax |
4.1 |
1.3 |
3.4 |
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Total taxation |
1.4 |
0.8 |
1.6 |
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Net profit |
2.7 |
0.5 |
1.7 |
Annual Balance
Sheet
Financials in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Total
stockholders equity |
6.7 |
4.7 |
4.8 |
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Provision for risks |
0.0 |
0.0 |
0.0 |
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Provision for pensions |
0.5 |
0.8 |
0.8 |
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Mortgages and loans |
1.5 |
- |
- |
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Trade creditors |
23.5 |
17.1 |
19.3 |
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Bank loans and overdrafts |
15.5 |
17.1 |
17.6 |
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Other current liabilities |
11.1 |
10.5 |
7.6 |
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Accruals and deferred income |
0.9 |
0.8 |
0.9 |
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Total current
liabilities |
51.0 |
45.5 |
45.4 |
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Total
liabilities (including net worth) |
59.8 |
51.0 |
51.0 |
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Intangibles |
0.0 |
0.1 |
0.2 |
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Total tangible
fixed assets |
0.2 |
0.2 |
0.2 |
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Long-term investments |
0.2 |
0.2 |
0.2 |
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Total financial
assets |
0.2 |
0.2 |
0.2 |
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Receivables due after 1 year |
0.0 |
0.0 |
0.0 |
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Total
non-current assets |
0.4 |
0.4 |
0.6 |
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Trade debtors |
30.7 |
25.6 |
30.1 |
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Other receivables |
27.7 |
23.9 |
19.3 |
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Cash and liquid assets |
0.7 |
0.6 |
0.7 |
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Accruals |
0.2 |
0.4 |
0.4 |
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Total current
assets |
59.4 |
50.6 |
50.4 |
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Total assets |
59.8 |
51.0 |
51.0 |
Annual Ratios
Financials in: USD (mil)
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31-Dec-2010 |
31-Dec-2009 |
31-Dec-2008 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
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Exchange Rate |
0.745406 |
0.696986 |
0.719399 |
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Consolidated |
No |
No |
No |
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Current ratio |
1.20 |
1.10 |
1.10 |
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Quick ratio |
1.20 |
1.10 |
1.10 |
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Current liabilities to net worth |
0.08% |
0.10% |
0.10% |
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Sales per employee |
1.81 |
1.01 |
1.38 |
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Profit per employee |
0.06 |
0.01 |
0.03 |
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Average wage per employee |
0.06 |
0.04 |
0.05 |
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Net worth |
6.7 |
4.7 |
4.8 |
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Number of employees |
49 |
61 |
67 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.15 |
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UK Pound |
1 |
Rs.86.58 |
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Euro |
1 |
Rs.67.60 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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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.