MIRA INFORM REPORT

 

 

Report Date :

01.06.2012

 

IDENTIFICATION DETAILS

 

Name :

SUSS MICROTEC LITHOGRAPHY GMBH

 

 

Registered Office :

Schleißheimer Str. 90, D 85748 Garching

 

 

Country :

Germany

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

10.06.1998

 

 

Com. Reg. No.:

HRB 140542

 

 

Legal Form :

Private limited company

 

 

Line of Business :

Manufacture of railway infrastructure

 

 

No. of Employees :

Not Available

 

 

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

 


Company name

 

Suss MicroTec Lithography GmbH

Schleißheimer Str. 90

D 85748 Garching

Telephone:089/32007-0

Telefax:  089/32007-162

Homepage: www.suss.com

E-mail:   info@suss.com

 

 

VAT no       

 

 DE813331255

 

 

Tax ID number     

 

143/184/10659

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Company details

 

LEGAL FORM                           Private limited company

Date of foundation:                     10.06.1998

Shareholders' agreement:           17.12.2001

Registered on:                           28.12.2001

Commercial Register:                 Local court 80797 München

under:                                                   HRB 140542

Share capital:                            EUR          2,000,100.00

 

 

Shareholder

 

Süss MicroTec AG

Schleißheimer Str. 90

D 85748 Garching

Legal form: Public limited company

Share capital:     EUR         19,101,028.00

Share:             EUR          2,000,100.00

Registered on: 22.07.1998

Reg. data: 80797 München, HRB 121347

Profit transfer agreement

 

 

Manager

 

Rolf Wolf

D 82065 Baierbrunn

authorized to jointly represent the company

born: 21.08.1959

Profession: Businessman

 

 

Proxy

 

Michael Knopp

D 40472 Ratingen

authorized to jointly represent the company

born: 07.11.1966

Profession: Fully qualified merchant

Marital status: married

 

Proxy:

Dr. Markus Arendt

D 76133 Karlsruhe

authorized to jointly represent the company

born: 20.01.1967

 

Proxy:

Frank Peter Averdung

D 85622 Feldkirchen

authorized to jointly represent the company

born: 16.10.1954

 

Proxy:

Dr. Lars Siebert

D 85354 Freising

authorized to jointly represent the company

born: 02.12.1970

 

Proxy:

Dr. Dietrich Tönnies

D 85748 Garching

authorized to jointly represent the company

born: 20.03.1966

 

Proxy:

Heinz Hocke

D 75438 Knittlingen

authorized to jointly represent the company

born: 20.04.1965

 

 

Further functions/participations of Rolf Wolf (Manager)

 

Manager:

Süss MicroTec Laboratory Equipment GmbH

Schleißheimer Str. 90

D 85748 Garching

Legal form: Private limited company

dissolved

Share capital:     EUR             26,000.00

Registered

on:         02.12.1966

Reg. data:  80797 München, HRB 7532

 

Manager:

SUSS MicroTec REMAN GmbH

Mittenheimer Str. 60

D 85764 Oberschleißheim

Legal form: Private limited company

Share capital:     EUR             25,564.59

Registered

on:         10.08.1998

Reg. data:  80797 München, HRB 121557

 

 

COMPANY HISTORY

 

10.06.1998 - 13.03.2001  Karl Suss Asslar GmbH & Co. KG

Berliner Str. 48

D 35614 Aßlar

Ltd partnership with priv. ltd. company

as general partner

13.03.2001 - 28.12.2001  Karl Suss KG Präzisionsgeräte für

Wissenschaft und Industrie GmbH & Co.

Schleißheimer Str. 90

D 85748 Garching

Ltd partnership with priv. ltd. company

as general partner

28.12.2001 - 2003        Suss MicroTec Lithography GmbH

Schleißheimer Str. 90

D 85748 Garching

Private limited company

17.01.2002 - 24.11.2011  Suss MicroTec Lithography GmbH

Schleißheimer Str. 90 OT

D 85748 Garching

Private limited company

03.04.2008 - 18.06.2009  Suss MicroTec Lithography GmbH

Schleißheimer Str. 90 OT

D 85748 Garching

Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

03.04.2008 - 10.03.2010  Manager

Dr. Ralf Süss

D 81925 München

 

 

BUSINESS ACTIVITIES

 

Sectors

30202   Manufacture of railway infrastructure

 

 

BRANCHES AND FACTORIES

 

Branch:

Suss MicroTec Lithography GmbH

Ferdinand-von-Steinbeis-Ring

10

D 75447 Sternenfels

TEL.: 07045/41-0

 

 

FINANCIAL INFORMATION

 

Payment experience:  within agreed terms

 

Negative information:We have no negative information at hand.

 

Balance sheet year:  2010

 

 

REAL ESTATE

 

Type of ownership:   proprietor

Share:                100.00 %

Address              Berliner Str. 48

D 35614 Aßlar

 

Type of ownership:   Tenant

Address              Schleißheimer Str. 90

D 85748 Garching

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

BANKHAUS REUSCHEL & CO, MÜNCHEN

Sort. code: 70030300, BIC: CHDBDEHHXXX

 

Further banks

FORTIS BANK NDL DEUTSCHLAND, KÖLN

Sort. code: 37010600, Account no.: 1099921187, BIC: GEBADE33XXX

UNICREDIT BANK - HYPOVEREINSBANK, GARCHING B. MÜNCHEN

Sort. code: 70020270, Account no.: 5250166170, BIC: HYVEDEMMXXX

BHF-BANK, MÜNCHEN

Sort. code: 70220200, Account no.: 55035992, BIC: BHFBDEFF700

 

 

FINANCIAL FIGURES

 

Turnover:            2010               EUR         94,119,838.00

Profit:              2010               EUR         11,783,213.00

Equipment:                              EUR          1,228,093.00

Ac/ts receivable:                       EUR         23,549,636.00

Liabillities:                           EUR         18,757,606.00

Employees:                                                    265

- Trainees:                                                    13

 

Profit transfer agreement to:

Süss MicroTec AG

Schleißheimer Str. 90

D 85748 Garching

 

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.01.2010 - 31.12.2010

 Equity ratio [%]:                 39.99

 Liquidity ratio:                   0.53

 Return on total capital [%]:      25.21

 Balance sheet grade:                1.9

 

 Balance sheet ratios 01.01.2009 - 31.12.2009

 Equity ratio [%]:                 46.61

 Liquidity ratio:                   0.73

 Return on total capital [%]:      15.16

 Balance sheet grade:                1.7

 

 Balance sheet ratios 01.01.2008 - 31.12.2008

 Equity ratio [%]:                 56.04

 Liquidity ratio:                   0.91

 Return on total capital [%]:      22.04

 Balance sheet grade:                1.4

 

 Balance sheet ratios 01.01.2007 - 31.12.2007

 Equity ratio [%]:                 54.90

 Liquidity ratio:                   1.07

 Return on total capital [%]:       9.57

 Balance sheet grade:                1.7

 

 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         68,914,145.17

  Fixed assets                           EUR         18,549,834.89

   Intangible assets                     EUR         16,706,250.60

    Concessions, licences, rights        EUR         16,706,250.60

   Tangible assets                       EUR          1,843,582.27

    Land / similar rights                EUR            228,746.94

    Plant / machinery                    EUR            386,741.82

    Other tangible assets / fixtures and

    fittings                             EUR          1,228,093.51

   Financial assets                      EUR                  2.02

    Shares in participations /

    subsidiaries and the like            EUR                  2.02

     Shares in investee companies        EUR                  2.02

  Current assets                         EUR         50,248,053.76

   Stocks                                EUR         26,698,417.59

    Raw materials, consumables and

    supplies                             EUR          6,574,497.64

    Finished goods / work in progress    EUR         20,015,919.95

    Advance payments made                EUR            108,000.00

   Accounts receivable                   EUR         23,549,636.17

    thereof total due from shareholders  EUR         13,590,592.70

    Trade debtors                        EUR          7,654,843.90

    Amounts due from related companies   EUR         14,866,815.69

    Other debtors and assets             EUR          1,027,976.58

  Remaining other assets                 EUR            116,256.52

   Accruals (assets)                     EUR            116,256.52

 

 LIABILITIES                             EUR         68,914,145.17

  Shareholders' equity                   EUR         40,726,476.25

   Capital                               EUR          2,000,100.00

    Subscribed capital (share capital)   EUR          2,000,100.00

   Reserves                              EUR          9,555,125.21

    Capital reserves                     EUR          9,540,955.21

    Retained earnings / revenue reserves EUR             14,170.00

   Balance sheet profit/loss (+/-)       EUR         29,171,251.04

    Balance sheet profit / loss          EUR         29,171,251.04

  Provisions                             EUR          9,038,844.10

   Pension provisions and comparable

   provisions                            EUR            164,793.47

   Provisions for taxes                  EUR          4,204,857.00

   Other / unspecified provisions        EUR          4,669,193.63

  Liabilities                            EUR         18,757,606.82

   Financial debts                       EUR                 51.04

    Liabilities due to banks             EUR                 51.04

   Other liabilities                     EUR         18,757,555.78

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR          2,419,580.19

    Liabilities from received advance

    payments                             EUR         14,227,241.78

    Liabililties due to related companiesEUR          1,681,604.02

    Unspecified other liabilities        EUR            429,129.79

     thereof liabilities from tax /

     financial authorities               EUR            304,618.92

     thereof liabilities from social

     security                            EUR                364.13

  Other liabilities                      EUR            391,218.00

   Deferrals (liabilities)               EUR            391,218.00

 

 PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR         94,119,837.98

  Inventory change + own costs (+/-)     EUR          3,527,303.55

   Inventory change (+/-)                EUR          3,523,363.17

   Capitalised own costs                 EUR              3,940.38

  Other operating income                 EUR          3,486,806.58

  Cost of materials                      EUR         43,470,662.08

   Raw materials and supplies, purchased

   goods                                 EUR         40,885,248.52

   Purchased services                    EUR          2,585,413.56

  Gross result (+/-)                     EUR         57,663,286.03

  Staff expenses                         EUR         18,627,422.50

   Wages and salaries                    EUR         15,813,594.10

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          2,813,828.40

  Total depreciation                     EUR            694,643.80

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR            694,643.80

  Other operating expenses               EUR         22,853,669.86

  Operating result from continuing

  operations                             EUR         15,487,549.87

  Interest result (+/-)                  EUR             84,256.61

   Interest and similar income           EUR            140,881.43

    thereof from related companies       EUR             72,228.41

   Interest and similar expenses         EUR             56,624.82

    thereof paid to related companies    EUR              2,944.10

  Financial result (+/-)                 EUR             84,256.61

  Result from ordinary operations (+/-)  EUR         15,571,806.48

  Extraordinary expenses                 EUR             57,810.00

  Extraordinary result (+/-)             EUR            -57,810.00

  Income tax / refund of income tax (+/-)EUR         -3,729,198.31

  Other taxes / refund of taxes          EUR             -1,585.26

  Tax (+/-)                              EUR         -3,730,783.57

  Annual surplus / annual deficit        EUR         11,783,212.91

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.01.2009 - 31.12.2009

 

 ASSETS                                  EUR         47,500,278.48

  Fixed assets                           EUR          1,669,024.58

   Intangible assets                     EUR            387,639.27

    Concessions, licences, rights        EUR            382,166.90

    Goodwill                             EUR              5,472.37

   Tangible assets                       EUR          1,281,383.29

    Land / similar rights                EUR             23,224.57

    Plant / machinery                    EUR             59,533.00

    Other tangible assets / fixtures and

    fittings                             EUR          1,039,079.60

    Advance payments made / construction

    in progress                          EUR            159,546.12

   Financial assets                      EUR                  2.02

    Shares in participations /

    subsidiaries and the like            EUR                  2.02

     Shares in investee companies        EUR                  2.02

  Current assets                         EUR         45,748,793.43

   Stocks                                EUR         22,942,238.73

    Raw materials, consumables and

    supplies                             EUR          6,371,681.95

    Finished goods / work in progress    EUR         16,492,556.78

    Advance payments made                EUR             78,000.00

   Accounts receivable                   EUR         22,806,554.70

    Trade debtors                        EUR          7,249,833.48

    Amounts due from related companies   EUR         14,083,910.54

    Other debtors and assets             EUR          1,472,810.68

  Remaining other assets                 EUR             82,460.47

   Accruals (assets)                     EUR             82,460.47

 

 LIABILITIES                             EUR         47,500,278.48

  Shareholders' equity                   EUR         28,929,093.34

   Capital                               EUR          2,000,100.00

    Subscribed capital (share capital)   EUR          2,000,100.00

   Reserves                              EUR          9,540,955.21

    Capital reserves                     EUR          9,540,955.21

   Balance sheet profit/loss (+/-)       EUR         17,388,038.13

    Balance sheet profit / loss          EUR         17,388,038.13

  Provisions                             EUR          4,975,088.97

   Pension provisions and comparable

   provisions                            EUR            337,791.00

   Provisions for taxes                  EUR            554,334.00

   Other / unspecified provisions        EUR          4,082,963.97

  Liabilities                            EUR         13,447,998.17

   Financial debts                       EUR                152.40

    Liabilities due to banks             EUR                152.40

   Other liabilities                     EUR         13,447,845.77

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR          1,630,320.68

    Liabilities from received advance

    payments                             EUR          9,779,762.57

    Liabililties due to related companiesEUR          1,756,826.05

    Unspecified other liabilities        EUR            280,936.47

     thereof liabilities from tax /

     financial authorities               EUR            239,090.39

     thereof liabilities from social

     security                            EUR              3,090.72

  Other liabilities                      EUR            148,098.00

   Deferrals (liabilities)               EUR            148,098.00

 

 PROFIT AND LOSS ACCOUNT (cost-summary method) according to Comm.

 Code (HGB)

  Sales                                  EUR         69,586,469.65

  Inventory change + own costs (+/-)     EUR            184,548.80

   Inventory change (+/-)                EUR           -753,492.53

   Capitalised own costs                 EUR            938,041.33

  Other operating income                 EUR          2,829,164.57

  Cost of materials                      EUR         31,569,774.61

   Raw materials and supplies, purchased

   goods                                 EUR         28,931,261.26

   Purchased services                    EUR          2,638,513.35

  Gross result (+/-)                     EUR         41,030,408.41

  Staff expenses                         EUR         17,282,587.13

   Wages and salaries                    EUR         14,800,540.96

   Social security contributions and

   expenses for pension plans and

   benefits                              EUR          2,482,046.17

  Total depreciation                     EUR            891,194.26

   Depreciation on tangible / intangible

   asssets (incl. start-up and exp. of

   bus.                                  EUR            891,194.26

  Other operating expenses               EUR         17,148,053.53

  Operating result from continuing

  operations                             EUR          5,708,573.49

  Interest result (+/-)                  EUR            -47,366.63

   Interest and similar income           EUR            157,414.96

    thereof from related companies       EUR            157,414.96

   Interest and similar expenses         EUR            204,781.59

    thereof paid to related companies    EUR            175,346.62

  Financial result (+/-)                 EUR            -47,366.63

  Result from ordinary operations (+/-)  EUR          5,661,206.86

  Income tax / refund of income tax (+/-)EUR           -479,173.32

  Other taxes / refund of taxes          EUR             -1,282.44

  Tax (+/-)                              EUR           -480,455.76

  Annual surplus / annual deficit        EUR          5,180,751.10


 

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 :

PDT

 

 

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.