MIRA INFORM REPORT

 

 

Report Date :

01.06.2012

 

IDENTIFICATION DETAILS

 

Name :

DKSH SCHWEIZ AG

 

 

Registered Office :

Wiesenstrasse 8, Postfach, 8034 Zürich

 

 

Country :

Switzerland

 

 

Financials (as on) :

31.12.2011

 

 

Date of Incorporation :

13.01.1976

 

 

Com. Reg. No.:

020.3.924.102-7 / 470543

 

 

Legal Form :

Company limited by shares

 

 

Line of Business :

Subject provides services in product sourcing, vendor selection, product development, licensing, sales, product management and brand building

 

 

No. of Employees :

91

 

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)

Switzerland

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


Company name

 

DKSH Schweiz AG

 

 

Operating address

 

Wiesenstrasse 8

Postfach

8034 Zürich

Switzerland/CH

Telephone:                    044 3867272

Fax:                             044 3867282

Web site:                      http://www.dksh.ch

E-mail:                         info@dksh.ch

VAT-No.:                      CHE107880981

 

 

Profile

 

Established:                  1865

Line of Business:           Consumer goods wholesale

Industry Division:           Wholesale trade

Industry-code (NACE):     4690     Non-specialised wholesale trade

Quality certification:       ISO 9002

Banks:                         UBS Ltd

                                    CS Credit Suisse

                                    ZKB Zürcher Kantonalbank

 

 

Operational Figures

 

Coverage:                     Company

Employees:                  91

 

 

Activity

 

The company provides services in product sourcing, vendor selection, product development, licensing, sales, product management and brand building. Here the company concentrates on the areas of Luxury & Lifestyle, Healthcare, Performance Materials and Technology.

 

 

Real Estate

 

Information on property ownership was not available.

 

 

Company Register

 

Company No:                020.3.924.102-7 / 470543

Legal form:                    Company limited by shares

Registration:                 13.01.1976

Legal status:                 active

Responsible Register:    Handelsregister des Kantons Zürich (since 14.06.1984)

History:                        Date of Statutes: 22.04.2004

                                    Date of Statutes: 28.09.1999

                                    Date of Statutes: 25.04.1997

                                    Date of Statutes: 30.06.1993

                                    Date of Statutes: 09.06.1993

                                    Date of Statutes: 10.04.1992

                                    Date of Statutes: 14.06.1991

 

Entry            Deleted   Name

29.04.2004                    DKSH Schweiz AG

29.04.2004                    DKSH Switzerland Ltd. (Name translated)

29.04.2004                    DKSH Suisse SA (Name translated)

29.04.2004                    DKSH Svizzera SA (Name translated)

                    30.06.1993  Siber Hegner HV AG

                    30.06.1993  Siber Hegner HV SA (Name translated)

                    30.06.1993  Siber Hegner HV Ltd (Name translated)

03.11.1999    29.04.2004  SiberHegner & Co AG

03.11.1999    29.04.2004  SieberHegner & Co Ltd (Name translated)

03.11.1999    29.04.2004  SiberHegner & Co SA (Name translated)

13.05.1997    03.11.1999  Siber Hegner & Co AG

13.05.1997    03.11.1999  Siber Hegner & Co SA (Name translated)

13.05.1997    03.11.1999  Siber Hegner & Co Ltd (Name translated)

30.06.1993    13.05.1997  Siber Hegner & Co, Aktiengesellschaft

30.06.1993    13.05.1997  Siber Hegner & Co, Limited (Name translated)

30.06.1993    13.05.1997  Siber Hegner & Co, Société Anonyme (Name translated)

 

Entry            Deleted   Legal domicile

24.06.1991                    Zürich, Switzerland

                    24.06.1991  Lausanne, Switzerland

 

Entry            Deleted   Address

24.06.1991                    Wiesenstrasse 8, 8008 Zürich/ZH, Switzerland/CH

 

Entry            Deleted   Capital

30.06.1993                    Share Capital CHF 20'000'000, paidup CHF 20'000'000

 

Entry            Deleted   Capital Structure

30.06.1993                    200'000 Registered shares of CHF 100.--

 

Entry            Deleted   Activity (original Language)

13.05.1997                    Handel mit Waren aller Art, namentlich von Rohstoffen und Industrieprodukten, technischen Produkten und Konsumgütern, in und mit allen Ländern sowie Erbringung von Dienstleistungen im Zusammenhang mit der Verwaltung von Unternehmen; kann sich an anderen Unternehmen beteiligen, Grundstücke erwerben und veräussern sowie Lizenzen und Patente erwerben, verwerten und veräussern.

 

Entry            Deleted   Remarks (original Language)

active                           Publishing authority: SHAB.

active                           Merger: Fusionsbeschluss vom 14.6.1991 mit der Siber Hegner Distribution SA, in Puidoux. Aktiven und Passiven der Siber Hegner Distribution SA sind gemäss Fusionsbilanz per 31.12.1990, im Sinne von Art. 748 OR zum Anrechnungswert von CHF 284'514.-- an die Siber Hegner HV AG übergegangen; näheres siehe Tagebuch 12257/1991.

active                           Financial data: CHF 100'000.-- entsprechend dem Fusionsvertrag vom 28.5.1991 liberiert.

25.06.2009                    Merger: Übernahme der Aktiven und Passiven der Desco Marketing AG, in Zürich (CH-020.3.027.593-9), mit einem Aktienkapital von CHF 2'000'000.00 und gesetzlichen Reserven von CHF 262'947.00, gemäss Fusionsvertrag vom 24.06.2009 und Bilanz per 31.12.2008. Aktiven von CHF 13'235'075.00 und Passiven (Fremdkapital) von CHF 13'600'097.00, d.h. ein Passivenüberschuss von CHF 365'022.00, gehen auf die übernehmende Gesellschaft über. Gemäss Bestätigung des staatlich beaufsichtigten Revisionsunternehmens liegen Rangrücktrittserklärungen im Umfang der Unterdeckung und der Überschuldung vor. Da die übernehmende Gesellschaft sämtliche Aktien der übertragenden Gesellschaft hält, findet weder eine Kapitalerhöhung noch eine Aktienzuteilung statt.

                   

 

 

29.04.2004                    Merger: Die Gesellschaft übernimmt auf dem Wege der Fusion die Schnapp-food AG, in Lachen. Aktiven von CHF 4'434'929.-- und Passiven von CHF 8'489'110.-- gehen gemäss Fusionsvertrag vom 20.04.2004 und Fusionsbilanz per 31.12.2003 durch Universalsukzession auf die Gesellschaft über. Da die Aktionäre beider Gesellschaften identisch sind, erlöschen die Aktien der übernommenen Gesellschaft, und das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.

03.11.1999                    Merger: Die Gesellschaft übernimmt auf dem Wege der Fusion die Siber Hegner Rohstoff AG, in Zürich. Aktiven von CHF 24'591'034.-- und Passiven von CHF 19'098'039.-- gehen gemäss Fusionsvertrag vom 28.09.1999 und Fusionsbilanz per 31.12.1998 durch Universalsukzession auf die Gesellschaft über. Da die Aktionärin beider Gesellschaften identisch ist, erlöschen die Aktien der übernommenen Gesellschaft, und das Aktienkapital der übernehmenden Gesellschaft bleibt unverändert.

13.05.1997                    Reports: Die Mitteilungen an die Aktionäre erfolgen durch Brief an die im Aktienbuch verzeichneten Adressen.

30.06.1993                    Shares: Die Übertragbarkeit der Namenaktien ist nach Massgabe der Statuten beschränkt.

30.06.1993                    Merger: Die Gesellschaft übernimmt bei der Kapitalerhöhung vom 09./30.06.1993 die Siber Hegner Textil AG, in Zürich, durch Fusion. Aktiven von CHF 17'142'487.-- und Passiven von CHF 14'842'677.-- gemäss Fusionsbilanz per 31.12.1992 gehen im Sinne von Art. 748 OR auf die Gesellschaft über; der Erhöhungsbetrag wurde entsprechend dem Fusionsvertrag liberiert. Die Aktionäre der übernommenen Gesellschaft erhalten dafür 18'000 Namenaktien zu CHF 100.-- der übernehmenden Gesellschaft.

30.06.1993                    Merger: Die Gesellschaft übernimmt bei der Kapitalerhöhung vom 09./30.06.1993 die Siber Hegner Maschinen AG, in Zürich, durch Fusion. Aktiven von CHF 20'987'174.-- und Passiven von CHF 15'691'898.-- gemäss Fusionsbilanz per 31.12.1992 gehen im Sinne von Art. 748 OR auf die Gesellschaft über; der Erhöhungsbetrag wurde entsprechend dem Fusionsvertrag liberiert. Die Aktionäre der übernommenen Gesellschaft erhalten dafür 50'000 Namenaktien zu CHF 100.-- der übernehmenden Gesellschaft.

30.06.1993                    Merger: Die Gesellschaft übernimmt bei der Kapitalerhöhung vom 09./30.06.1993 die Maschinen-Export und Finanz AG, in Zürich, durch Fusion. Aktiven von CHF 26'487'923.-- und Passiven von CHF 18'218'475.-- gemäss Fusionsbilanz per 31.12.1992 gehen im Sinne von Art. 748 OR auf die Gesellschaft über; der Erhöhungsbetrag wurde entsprechend dem Fusionsvertrag liberiert. Die Aktionäre der übernommenen Gesellschaft erhalten dafür 76'000 Namenaktien zu CHF 100.-- der übernehmenden Gesellschaft.

30.06.1993                    Merger: Die Gesellschaft übernimmt bei der Kapitalerhöhung vom 09./30.06.1993 die Internaro AG, in Zürich. Aktiven von CHF 7'275'826.-- und Passiven von CHF 418'360.-- gemäss Fusionsbilanz per 31.12.1992 abzüglich der für das Geschäftsjahr 1992 beschlossenen Dividende von CHF 3'500'000.-- gehen im Sinne von Art. 748 OR auf die Gesellschaft über; der Erhöhungsbetrag wurde entsprechend dem Fusionsvertrag liberiert. Die Aktionäre der übernommenen Gesellschaft erhalten dafür 26'000 Namenaktien zu CHF 100.-- der übernehmenden Gesellschaft.

 

Entry            Deleted   Branches

25.05.2004    27.03.2006  St. Gallerstrasse 86, 8853 Lachen/SZ, Switzerland/CH

09.10.1991    16.03.1994  , Puidoux/VD, Switzerland/CH

 

 

Official Administration

Title                                           Name

President                                    Gonpo Tsering, Origin: Ellikon an der Thur, Switzerland, Address: Zug, Switzerland, joint signature of two, Registered since: 22.08.2000

Executive Director                        Markus Gisler, Origin: Spiringen, Switzerland, Address: 8640 Rapperswil-Jona/SG, Switzerland, joint signature of two, Registered since: 03.03.2009

 

 

Management

Title                                           Name

Director                                       Peter Kaufmann, Origin: Knutwil, Switzerland, Address: 3176 Neuenegg/BE, Switzerland, joint signature of two, Registered since: 13.08.2002

Member with signing authority       Ursula Schmidli, Origin: Villmergen, Switzerland, Address: Hausen am Albis, Switzerland, joint signature of two, Registered since: 30.06.1993

Member with signing authority       Erwin Paul Freihofer, Origin: Zürich, Switzerland, Address: Wallisellen, Switzerland, joint signature of two, Registered since: 28.03.2001

Member with signing authority       Beat Karl Meier, Origin: Zürich, Switzerland, Address: Thalwil, Switzerland, joint signature of two, Registered since: 28.03.2001

Member with signing authority       Hansjörg Jakubetz, Origin: Germany, Address: 8802 Kilchberg/ZH, Switzerland, joint signature of two, Registered since: 15.02.2008

Member with signing authority       Marcel W. Schmid, Origin: Zürich, Switzerland, Address: 8126 Zumikon/ZH, Switzerland, joint signature of two, Registered since: 03.03.2009

Member with signing authority       Jianghong Zheng, Origin: Baar, Switzerland, Address: Baar, Switzerland, joint signature of two, Registered since: 30.03.2005

Member with signing authority       Dr. Sebastian Heuer, Origin: Germany, Address: Männedorf, Switzerland, joint signature of two, Registered since: 17.08.2009

Member with signing authority       Miguel Bock Vieira De Araujo, Origin: Portugal, Address: 8702 Zollikon/ZH, Switzerland, joint signature of two, Registered since: 10.11.2009

Member with signing authority       Ronald Guida, Origin: Zürich, Switzerland, Address: 8117 Fällanden/ZH, Switzerland, joint signature of two, Registered since: 10.11.2009

Member with signing authority       David Menetrat, Origin: France, Address: 8000 Zürich/ZH, Switzerland, joint signature of two, Registered since: 10.11.2009

Member with signing authority       Claus Bressmer, Origin: Liestal, Switzerland, Address: 8700 Küsnacht /ZH, Switzerland, joint signature of two, Registered since: 26.08.2010

Member with signing authority       Jürg Hirzel, Origin: Zürich, Switzerland, Address: 8962 Bergdietikon/AG, Switzerland, joint signature of two, Registered since: 26.08.2010

Member with signing authority       Marc Schweisfurth, Origin: Germany, Address: Zug, Switzerland, joint signature of two, Registered since: 19.09.2006

Member with signing authority       Thomas Schefer, Origin: Teufen AR, Switzerland, Address: Zürich/ZH, Switzerland, joint signature of two, Registered since: 01.12.2006

Member with signing authority       Dr. Christian Lotz, Origin: Germany, Address: Menzingen, Switzerland, joint signature of two, Registered since: 14.07.2008

Member with signing authority       Matthias Klos, Origin: Germany, Address: 8197 Rafz/ZH, Switzerland, joint signature of two, Registered since: 28.10.2010

Member with signing authority       Corinne Abt, Origin: Zürich, Switzerland, Address: 8000 Zürich/ZH, Switzerland, joint signature of two, Registered since: 02.11.2010

Member with signing authority       Valentina Zaharievska, Origin: Kleinandelfingen, Switzerland, Address: Zollikon, Switzerland, joint signature of two, Registered since: 29.03.2012

Member with signing authority       Fabian Gubler, Origin: Müllheim, Switzerland, Address: Winterthur, Switzerland, joint signature of two, Registered since: 29.03.2012

Member with signing authority       Tanja Roswitha Schaffer, Origin: Germany, Address: Dietikon, Switzerland, joint signature of two, Registered since: 27.02.2012

Member with signing authority       Patricia Leoff-Gianotti, Origin: Pontresina, Switzerland, Address: Horgen, Switzerland, joint signature of two, Registered since: 27.02.2012

Member with signing authority       Patrick Becker, Origin: Germany, Address: Zug, Switzerland, joint signature of two, Registered since: 27.02.2012

Member with signing authority       Martina Ludescher, Origin: Amriswil, Switzerland, Address: Zollikon, Switzerland, joint signature of two, Registered since: 17.08.2011

Member with signing authority       Dr. Emanuel Hofacker, Origin: Waldenburg, Dübendorf, Switzerland, Address: Zürich, Switzerland, joint signature of two, Registered since: 17.08.2011

Member with signing authority       Bernhard Schmitt, Origin: Germany, Address: Parkred Nonthaburi, Thailand, joint signature of two, Registered since: 17.08.2011

Member with signing authority       Alfred Blattmann, Origin: Wädenswil, Switzerland, Address: Zollikon, Switzerland, joint signature of two, Registered since: 30.06.1993

 

 

External Positions

Title                                           Name

Auditor                                        Ernst & Young AG, Address: Zürich, Switzerland, Registered since: 17.08.2011

 

 

Executive board

Title                                           Name

Chief Business Segment Officer    Peter Kaufmann

 

 

Financial Data DKSH Group

Consolidation:               consolidated (Segment)

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

 

Balance Sheet

Intangible fixed assets                                119'500.0            91'500.0

Land and buildings                                       74'900.0            51'500.0

Other tangible fixed assets                           72'800.0            64'600.0

Tangible fixed assets                                  147'700.0          116'100.0

Financial fixed assets                                   29'500.0            40'300.0

other fixed assets                                        54'100.0            64'800.0

Fixed assets                                              350'800.0          312'700.0

Stocks                                                      792'400.0          622'900.0

Trade accounts receivable                         1'511'900.0        1'378'600.0

Liquid assets                                             192'800.0          287'600.0

Securities                                                           0.0                   0.0

other trade accounts                                   199'700.0          234'900.0

Accruals                                                     20'500.0            17'300.0

Other current assets                                   413'000.0          539'800.0

Current assets                                         2'717'300.0        2'541'300.0

Total assets                                            3'068'100.0        2'854'000.0        2'586'000.0        2'657'000.0        2'627'000.0

 

Capital                                                          6'300.0              6'000.0             6'147.6              6'127.2             5'270.7

Other shareholders funds                            989'200.0        1'029'500.0

Total shareholders equity                            995'500.0        1'035'500.0          925'000.0          885'800.0          695'300.0

Minority interests                                         27'200.0            18'200.0

long term debt (financial debts)                      44'200.0            46'700.0

Provisions                                                     5'400.0              5'700.0

Other non current liabilities                           57'300.0            49'100.0

Non current liabilities                                  106'900.0          101'500.0

short term debt (financial debts)                   226'600.0          109'500.0

Trade accounts payable                            1'354'700.0        1'227'700.0

Provisions                                                     7'300.0              6'300.0

Accruals                                                    320'500.0          319'200.0

other accounts payable                                29'400.0            36'100.0

other current liabilities                                 357'200.0          361'600.0

Current liabilities                                      1'938'500.0        1'698'800.0

Shareh. equity, min. interests + liabilities   3'068'100.0        2'854'000.0

 

Profit and loss account

Sales                                                                                                     8'576'000.0        8'369'000.0        8'755'000.0

Net sales                                                7'340'000.0        7'295'400.0

Other operating revenue                                53'900.0            67'700.0

Operating revenue                                    7'393'900.0        7'363'100.0        6'549'000.0        6'620'800.0        6'465'800.0

Cost of goods sold                                   6'191'600.0        6'186'900.0

Gross profit                                             1'202'300.0        1'176'200.0

Other operating expenses                           964'700.0          949'400.0

Operating result                                         237'600.0          226'800.0          128'000.0          150'300.0          131'900.0

Interest revenues                                           2'100.0              1'100.0

other financial revenues                                    400.0

Financial income                                           2'500.0              1'100.0

Interest expenses                                          8'700.0              8'400.0

other financial expenses                                 2'200.0              7'200.0

Financial expenses                                      10'900.0            15'600.0

Financial result                                             -8'400.0           -14'500.0

Result before extraordinary items                 229'200.0          212'300.0

Extraordinary expenses                                                         6'100.0

Extraordinary Result                                            0.0             -6'100.0

Result before taxes                                    229'200.0          206'200.0

Taxes                                                         76'900.0            72'900.0

Result before minority interests                   152'300.0          133'300.0            85'000.0            86'600.0            73'000.0

minority interests                                           5'200.0              4'900.0

Result for the financial year                         147'100.0          128'400.0

 

Cash flow

Depreciation                                                24'300.0            44'500.0                                   40'100.0            40'900.0

Cash flow                                                  176'600.0          177'800.0                                  120'800.0          113'800.0

Cash flow from operating activities               134'000.0          163'100.0

Investments in tangible fixed assets               39'000.0            37'600.0

Cash flow from investing activities                 -68'000.0           -27'400.0

Cash flow from financing activities               -156'300.0           -86'700.0

Others                                                         -4'500.0             -2'800.0

Change in liquidity                                       -94'800.0            46'200.0

Liquidity at beginning of the year                  287'600.0          241'400.0

Liquidity at end ot the year                          192'800.0          287'600.0

 

Notes

Cost of employees                                     457'300.0          442'300.0

Added value                                               719'500.0          701'400.0

Working Capital                                         949'600.0          773'800.0

Sales per Employee                                         301.5                323.0                316.0                305.0                293.0

Gross cost land and buildings                     110'000.0            80'800.0

Gross cost other tangible fixed assets         216'800.0          208'800.0

Gross cost total                                         326'800.0          289'600.0

 

Employees  at year end                                  24'342               22'586              20'744               21'708              22'098

 

 

Financial Data Diethelm Keller Group

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:                                                mil. CHF           mil. CHF           mil. CHF           mil. CHF           mil. CHF

Statement norm:                                          IAS                   IAS                  IAS                   IAS                  IAS

 

Operating revenue                                          7'839.0              7'794.0             6'851.0              7'013.0             7'115.0

Operating result                                                                                              293.0                148.0                130.0

Capital                                                                5.1                   5.1                   5.1                   5.1                   6.0

 

Employees  at year end                                  28'683               25'959              24'025               25'107              25'795

 

 

Ultimate Parent Company

Name:                          Diethelm Keller Holding AG

City/Country:                 Zürich, Switzerland/CH

 

 

Owner/-s

No. of Owner/-s:            1

Owner:                         The company is domestic owned.

 

Class:                          100%

Name:                          DKSH Holding AG

City/Country:                 Zürich, Switzerland/CH

Interest:                        100.00% voting right, 100.00% capital interest

 

 

Sisters

Name:                          A.I. Scientific Pty Ltd

City/Country:                 Hallam, Australia/AU

 

Name:                          Diethelm & Co AG

City/Country:                 Zürich, Switzerland/CH

 

Name:                          Diethelm & Co Ltd

City/Country:                 Yangon, Myanmar/MM

 

Name:                          Diethelm Holdings (Asia) Sendirian Berhad

City/Country:                 Petaling Jaya, Malaysia/MY

 

Name:                          Diethelm Limited

City/Country:                 Bangkok, Thailand/TH

 

Name:                          Diethelm Singapore Pte Ltd

City/Country:                 Singapore, Singapore/SG

 

Name:                          DKSH Australia Pty Ltd

City/Country:                 Hallam, Australia/AU

 

Name:                          DKSH Benelux B.V.

City/Country:                 Dordrecht, Netherlands/NL

 

Name:                          DKSH Brush and Apparel AG

City/Country:                 Zürich, Switzerland/CH

 

Name:                          DKSH (Cambodia) Ltd

City/Country:                 Phnom Penh, Cambodia/KH

 

Name:                          DKSH Chile SA

City/Country:                 Santiago de Chile, Chile/CL

 

Name:                          DKSH (China) Co., Ltd

City/Country:                 Pudong, China/CN

 

Name:                          DKSH Corporate Shared Services Center Sdn Bhd

City/Country:                 Kuala Lumpur, Malaysia/MY

 

Name:                          DKSH France SA

City/Country:                 Miribel, France/FR

 

Name:                          DKSH Great Britain Limited

City/Country:                 London , United Kingdom/GB

 

Name:                          DKSH Hong Kong Limited

City/Country:                 Wong Chuk Hang, Hong Kong/HK

 

Name:                          DKSH India Pvt Ltd

City/Country:                 Mumbai, India/IN

 

Name:                          DKSH International AG

City/Country:                 Zürich, Switzerland/CH

 

Name:                          DKSH Italia Srl

City/Country:                 Milano, Italy/IT

 

Name:                          DKSH Japan K.K.

City/Country:                 Tokyo, Japan/JP

 

Name:                          DKSH Korea Ltd

City/Country:                 Seoul, South Korea/KR

 

Name:                          DKSH Luxury & Lifestyle (Malaysia) Sdn. Bhd.

City/Country:                 Petaling Jaya, Malaysia/MY

 

Name:                          DKSH Luxury (S) Pte Ltd

City/Country:                 Singapore, Singapore/SG

 

Name:                          DKSH Management AG

City/Country:                 Zürich, Switzerland/CH

 

Name:                          DKSH Management Pte. Ltd.

City/Country:                 Singapore, Singapore/SG

 

Name:                          DKSH Netherlands BV

City/Country:                 Dordrecht, Netherlands/NL

 

Name:                          DKSH New Zealand Limited

City/Country:                 Mairangi Bay, New Zealand/NZ

 

Name:                          DKSH NORDIC A/S

City/Country:                 Birkerod, Denmark/DK

 

Name:                          DKSH North America Inc.

City/Country:                 Mt. Arlington, United States of America/US

 

Name:                          DKSH Regional Office (SEA) Ltd

City/Country:                 Bangkok, Thailand/TH

 

Name:                          DKSH Taiwan Ltd

City/Country:                 Taipei, Taiwan/TW

 

Name:                          DKSH Technology Pte Ltd

City/Country:                 Singapore, Singapore/SG

 

Name:                          DKSH Vietnam Co., Ltd.

City/Country:                 Ho Chi Minh, Vietnam/VN

 

Name:                          Edward Keller (Philippines) Inc

City/Country:                 Laguna, Philippines/PH

 

Name:                          Harpers Trading (Singapore) Pte. Ltd.

City/Country:                 Singapore, Singapore/SG

 

Name:                          Hörz GmbH

City/Country:                 Stuttgart, Germany/DE

 

Name:                          Maurice Lacroix Holding AG

City/Country:                 Zürich, Switzerland/CH

 

Name:                          Medinova AG

City/Country:                 Zürich, Switzerland/CH

 

Name:                          OLIC (Thailand) Ltd

City/Country:                 Bangkrason, Bangpa-In, Thailand/TH

 

Name:                          Premium Pet Foods Norge AS

City/Country:                 Oslo, Norway/NO

 

Name:                          PT DKSH Indonesia

City/Country:                 Jakarta, Indonesia/ID

 

Name:                          Rudolph Desco Company Inc

City/Country:                 Englewood Cliffs, United States of America/US

 

Name:                          Rudolph Desco Limited

City/Country:                 Tunbridge Wells, United Kingdom/GB

 

Name:                          Siber Hegner Limited

City/Country:                 Wong Chuk Hang, Hong Kong/HK

 

Name:                          SiberHegner Iberica SL

City/Country:                 Barcelona, Spain/ES

 

Name:                          United Housewares Pty Limited

City/Country:                 Hallam, Australia/AU

 

 

Investments

It is believed that the company has no investments.

 

 

Legal Actions

Control date       Year                       No.             Amount CHF     Status

27.06.2008          2008                           0

27.06.2008          2007                           0

 

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.

 

 

Credit Information

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 in order.

 

Payment experiences:   Financial obligations are met in an orderly manner.

 


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.42

UK Pound

1

Rs.87.37

Euro

1

Rs.69.95

 

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.