MIRA
INFORM REPORT
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Report Date : |
02.06.2012 |
IDENTIFICATION DETAILS
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Name : |
SOCIETA DELLE FUCINE SRL |
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Registered Office : |
Viale Benedetto Brin 218, C/O Ilva Spa, |
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Country : |
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Financials (as on) : |
30.09.2011 |
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Date of Incorporation : |
22.11.1989 |
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Com. Reg. No.: |
00576350557 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Manufacture of machinery for working soft rubber or plastics |
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No. of Employees : |
210 |
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 and address
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Societa Delle Fucine SRL |
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Employees: |
210 |
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Company Type: |
Private Subsidiary |
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Corporate
Family: |
106 Companies |
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Ultimate Parent: |
Thyssen Stahl GmbH |
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Incorporation
Date: |
22-Nov-1989 |
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Fiscal Year End: |
30-Sep-2011 |
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Reporting
Currency: |
Euro |
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Annual Sales: |
145.2 |
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Total Assets: |
115.5 |
Business Description
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SOCIETA DELLE FUCINE SRL is primarily engaged in manufacture of machinery
for working soft rubber or plastics or for the manufacture of products of
these materials (extruders, moulders, pneumatic tyre making or retreading
machines and other machines for making a specific rubber or plastic product);
manufacture of printing and bookbinding machines; manufacture of machinery
for producing tiles, bricks, shaped ceramic pastes, pipes, graphite
electrodes, blackboard chalk, foundry moulds, etc.; manufacture of moulding
boxes for any material; mould bases; moulding patterns; moulds; manufacture
of dryers for wood, paper pulp, paper or paperboard; manufacture of
centrifugal clothes dryers; manufacture of diverse special machinery and
equipment (machines to assemble electric or electronic lamps, tubes (valves)
or bulbs; machines for production or hot-working of glass or glassware, glass
fibre or yarn; machinery or apparatus for isotopic separation; rope-making
machinery, etc.); and manufacture of industrial robots for multiple uses. |
Industry
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Industry |
Miscellaneous Capital Goods |
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ANZSIC 2006: |
2499 - Other Machinery and Equipment
Manufacturing Not Elsewhere Classified |
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NACE 2002: |
2956 - Manufacture of other special
purpose machinery not elsewhere classified |
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NAICS 2002: |
333298 - All Other Industrial Machinery
Manufacturing |
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2956 - Manufacture of other special
purpose machinery not elsewhere classified |
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US SIC 1987: |
3559 - Special Industry Machinery, Not
Elsewhere Classified |
Key Executives
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Registered No.(ITA)
00576350557
1 - Profit & Loss
Item Exchange Rate: USD 1 = EUR 0.717768
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7453231
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More Business Descriptions
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Financial
Data
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Key Corporate Relationships
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Corporate
Structure News
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Societa Delle Fucine SRL |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Thyssen Stahl GmbH |
Parent |
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Subsidiary |
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Iron and Steel |
21,546.2 |
20,340 |
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Subsidiary |
Andernach |
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Iron and Steel |
23.3 |
5,603 |
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Subsidiary |
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Iron and Steel |
|
1,500 |
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Subsidiary |
L'Horme |
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Auto and Truck Parts |
22.4 |
374 |
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Subsidiary |
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Miscellaneous Capital Goods |
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170 |
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Subsidiary |
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Miscellaneous Fabricated Products |
|
1,300 |
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Subsidiary |
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Railroads |
191.6 |
1,250 |
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Subsidiary |
Heuchelheim, Hessen |
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Miscellaneous Fabricated Products |
121.8 |
530 |
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Subsidiary |
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Business Services |
79.6 |
380 |
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Subsidiary |
Andernach, Rheinland-Pfalz |
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Miscellaneous Financial Services |
1,928.2 |
2,409 |
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Subsidiary |
DĂ¼sseldorf |
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Waste Management Services |
1.0 |
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Subsidiary |
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Miscellaneous Capital Goods |
60.8 |
290 |
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Subsidiary |
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Oil and Gas Operations |
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300 |
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Subsidiary |
Alblasserdam, Zuid-Holland |
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Miscellaneous Financial Services |
207.2 |
227 |
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Subsidiary |
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Miscellaneous Fabricated Products |
76.6 |
127 |
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Subsidiary |
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Iron and Steel |
|
120 |
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Branch |
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Iron and Steel |
|
120 |
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Subsidiary |
Rueil Malmaison |
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Miscellaneous Capital Goods |
0.1 |
9 |
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Subsidiary |
Le Theil Huisine |
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Auto and Truck Parts |
461.0 |
1,499 |
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Subsidiary |
La Bruffière |
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Miscellaneous Capital Goods |
224.0 |
1,035 |
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Subsidiary |
Ben Arous |
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Auto and Truck Parts |
|
100 |
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Subsidiary |
Viana, Navarra |
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Auto and Truck Parts |
6.4 |
39 |
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Subsidiary |
Wien, Wien |
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Retail (Home Improvement) |
20.5 |
15 |
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Subsidiary |
Puteaux |
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Miscellaneous Capital Goods |
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Subsidiary |
Puteaux |
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Miscellaneous Capital Goods |
75.0 |
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Subsidiary |
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Miscellaneous Capital Goods |
508.1 |
3,499 |
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Subsidiary |
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Construction and Agriculture Machinery |
163.8 |
530 |
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Subsidiary |
Les Lilas |
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Construction and Agriculture Machinery |
66.3 |
374 |
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Subsidiary |
St Jeannet |
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Miscellaneous Capital Goods |
11.7 |
34 |
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Subsidiary |
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Construction Services |
21.2 |
74 |
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Subsidiary |
St Barthelemy D Anjou |
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Miscellaneous Financial Services |
7.4 |
74 |
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Subsidiary |
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Miscellaneous Capital Goods |
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Subsidiary |
Gennevilliers |
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Miscellaneous Capital Goods |
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Subsidiary |
Ensisheim |
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Engineering Consultants |
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Subsidiary |
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Iron and Steel |
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Subsidiary |
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Iron and Steel |
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54 |
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Subsidiary |
Langenfeld |
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Miscellaneous Fabricated Products |
350.0 |
52 |
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Subsidiary |
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Printing and Publishing |
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38 |
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Subsidiary |
Gothenburg |
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Iron and Steel |
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32 |
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Subsidiary |
Andernach, Rheinland-Pfalz |
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Iron and Steel |
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25 |
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Subsidiary |
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Iron and Steel |
16.7 |
3 |
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Subsidiary |
Radebeul, Sachsen |
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Miscellaneous Capital Goods |
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3 |
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Subsidiary |
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Miscellaneous Transportation |
660.0 |
2 |
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Subsidiary |
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Commercial Banks |
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2 |
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Subsidiary |
Cerrillos |
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Consumer Financial Services |
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Subsidiary |
BogotĂ¡ |
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Business Services |
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Subsidiary |
Ravensburg |
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Electronic Instruments and Controls |
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Subsidiary |
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Iron and Steel |
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Subsidiary |
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Iron and Steel |
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Subsidiary |
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Iron and Steel |
8,748.0 |
12,000 |
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Subsidiary |
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Miscellaneous Fabricated Products |
2,632.8 |
4,130 |
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Facility |
Dillenburg |
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Iron and Steel |
|
700 |
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Facility |
Schalksmuhle |
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Iron and Steel |
94.2 |
250 |
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Subsidiary |
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Iron and Steel |
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100 |
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Facility |
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Iron and Steel |
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100 |
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Subsidiary |
Langenhagen |
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Miscellaneous Fabricated Products |
74.8 |
37 |
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Subsidiary |
Wilnsdorf-Anzhausen |
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Iron and Steel |
562.8 |
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Subsidiary |
SchalksmĂ¼hle |
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Iron and Steel |
116.8 |
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Subsidiary |
Sachsenheim |
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Iron and Steel |
1.0 |
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Subsidiary |
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Iron and Steel |
3,268.6 |
2,329 |
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Subsidiary |
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Auto and Truck Parts |
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250 |
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Subsidiary |
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Miscellaneous Capital Goods |
145.2 |
210 |
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Subsidiary |
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Iron and Steel |
|
200 |
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Subsidiary |
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Iron and Steel |
238.3 |
158 |
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Subsidiary |
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Iron and Steel |
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150 |
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Subsidiary |
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Iron and Steel |
1.0 |
120 |
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Subsidiary |
Ceriano Laghetto, |
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Iron and Steel |
300.2 |
115 |
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Branch |
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Miscellaneous Fabricated Products |
1.0 |
100 |
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Subsidiary |
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Computer Services |
24.8 |
63 |
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Subsidiary |
Alfortville |
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Iron and Steel |
40.0 |
60 |
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Subsidiary |
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Miscellaneous Capital Goods |
73.8 |
47 |
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Subsidiary |
BĂ¡tonyterenye |
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Miscellaneous Capital Goods |
307.5 |
36 |
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Subsidiary |
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Iron and Steel |
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4 |
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Subsidiary |
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Business Services |
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Subsidiary |
Werdohl, Nordrhein-Westfalen |
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Miscellaneous Fabricated Products |
1,766.3 |
1,800 |
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Subsidiary |
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Iron and Steel |
62.3 |
120 |
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Subsidiary |
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Iron and Steel |
27.3 |
100 |
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Subsidiary |
Naucalpan de Juarez, |
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Iron and Steel |
2.0 |
50 |
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Subsidiary |
Gardenview |
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Iron and Steel |
|
30 |
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Subsidiary |
Mulgrave |
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Iron and Steel |
8.4 |
15 |
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Subsidiary |
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Iron and Steel |
3.6 |
14 |
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Subsidiary |
Songnam |
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Iron and Steel |
1.0 |
10 |
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Subsidiary |
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Iron and Steel |
3.8 |
7 |
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Subsidiary |
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Personal Services |
3.2 |
7 |
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Subsidiary |
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Iron and Steel |
1.0 |
6 |
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Subsidiary |
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Iron and Steel |
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5 |
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Subsidiary |
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Iron and Steel |
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5 |
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Subsidiary |
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Iron and Steel |
22.1 |
4 |
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Subsidiary |
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Iron and Steel |
5.3 |
4 |
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Subsidiary |
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Miscellaneous Fabricated Products |
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3 |
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Subsidiary |
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Iron and Steel |
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3 |
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Subsidiary |
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Iron and Steel |
1.0 |
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Subsidiary |
Zwijndrecht |
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Iron and Steel |
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Subsidiary |
San Luis PotosĂ, San Luis PotosĂ |
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Iron and Steel |
350.0 |
1,000 |
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Subsidiary |
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Iron and Steel |
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50 |
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Subsidiary |
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Construction - Supplies and Fixtures |
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Subsidiary |
San Luis PotosĂ |
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Business Services |
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Subsidiary |
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Iron and Steel |
150.0 |
385 |
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Subsidiary |
SchalksmĂ¼hle, Nordrhein-Westfalen |
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Iron and Steel |
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220 |
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Subsidiary |
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Miscellaneous Capital Goods |
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45 |
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Subsidiary |
Dabrowa GĂ³rnicza |
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Iron and Steel |
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Subsidiary |
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Iron and Steel |
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Subsidiary |
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Miscellaneous Capital Goods |
46.7 |
31 |
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Subsidiary |
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Miscellaneous Capital Goods |
2.4 |
20 |
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Krupp Industrietechnik Gesellschaft mit beschränkter
Haftung |
Subsidiary |
GrĂ¼nwald, Bayern |
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Commercial Banks |
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2 |
Executives Report
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Annual Profit & Loss
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30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
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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) |
0.717768 |
0.740255 |
0.73971 |
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Consolidated |
No |
No |
No |
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Total income |
145.7 |
191.7 |
223.3 |
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Net sales |
145.2 |
192.0 |
218.0 |
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Other operating income |
0.8 |
2.4 |
7.3 |
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Raw materials and consumables employed |
62.7 |
75.7 |
95.4 |
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Other expenses |
30.6 |
36.5 |
44.5 |
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Total payroll costs |
14.5 |
14.1 |
13.9 |
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Fixed asset depreciation and amortisation |
6.8 |
6.6 |
5.6 |
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Other operating costs |
0.6 |
2.9 |
3.4 |
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Net operating income |
30.5 |
55.9 |
60.4 |
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Total financial income |
0.2 |
0.6 |
0.5 |
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Total expenses |
1.0 |
0.6 |
1.5 |
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Profit before tax |
29.7 |
55.9 |
59.4 |
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Extraordinary result |
-0.8 |
-0.6 |
-2.2 |
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Profit after extraordinary items and before tax |
29.0 |
55.3 |
57.2 |
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Total taxation |
9.7 |
16.0 |
18.3 |
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Net profit |
19.3 |
39.3 |
38.9 |
Annual Balance Sheet
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Financials in:
USD (mil) |
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30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
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Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.745323 |
0.732493 |
0.684135 |
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Consolidated |
No |
No |
No |
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Total stockholders equity |
43.5 |
65.0 |
69.2 |
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Provision for risks |
9.9 |
8.0 |
7.4 |
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Provision for pensions |
2.2 |
2.2 |
2.8 |
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Trade creditors |
12.1 |
12.3 |
20.4 |
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Advances received |
10.4 |
16.6 |
46.9 |
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Bank loans and overdrafts |
- |
0.0 |
- |
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Other current liabilities |
37.4 |
30.8 |
43.0 |
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Accruals and deferred income |
0.0 |
- |
0.1 |
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Total current liabilities |
60.0 |
59.8 |
110.4 |
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Total liabilities (including net worth) |
115.5 |
135.1 |
189.7 |
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Intangibles |
0.6 |
0.9 |
1.4 |
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Buildings |
1.9 |
2.1 |
1.9 |
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Total tangible fixed assets |
35.4 |
38.8 |
46.1 |
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Total financial assets |
0.0 |
0.0 |
0.0 |
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Receivables due after 1 year |
9.3 |
11.1 |
12.2 |
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Total non-current assets |
45.3 |
50.9 |
59.7 |
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Work in progress |
40.4 |
44.5 |
48.4 |
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Finished goods |
4.9 |
4.7 |
0.5 |
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Net stocks and work in progress |
46.3 |
55.5 |
60.5 |
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Trade debtors |
14.7 |
17.0 |
31.1 |
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Other receivables |
8.9 |
11.2 |
37.8 |
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Cash and liquid assets |
0.1 |
0.1 |
0.1 |
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Accruals |
0.3 |
0.4 |
0.5 |
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Total current assets |
70.3 |
84.2 |
130.1 |
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Total assets |
115.5 |
135.1 |
189.7 |
Annual Ratios
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Financials in:
USD (mil) |
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30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
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Period Length |
12 Months |
12 Months |
12 Months |
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Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.745323 |
0.732493 |
0.684135 |
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Consolidated |
No |
No |
No |
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Current ratio |
1.20 |
1.40 |
1.20 |
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Quick ratio |
0.40 |
0.50 |
0.60 |
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Current liabilities to net worth |
0.01% |
0.01% |
0.02% |
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Sales per employee |
0.49 |
0.67 |
0.74 |
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Profit per employee |
0.10 |
0.19 |
0.19 |
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Average wage per employee |
0.05 |
0.05 |
0.05 |
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Net worth |
43.5 |
65.0 |
69.2 |
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Number of employees |
212 |
212 |
217 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.55.91 |
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|
1 |
Rs.86.03 |
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Euro |
1 |
Rs.69.12 |
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 |
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-- |
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.