MIRA
INFORM REPORT
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Report Date : |
06.06.2012 |
IDENTIFICATION DETAILS
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Name : |
INSTITUT DE SéLECTION ANIMALE B.V. |
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Registered Office : |
Spoorstraat 69 Boxmeer, 5831 CK |
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Country : |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
28.12.1995 |
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Com. Reg. No.: |
16080941 |
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Legal Form : |
Private Subsidiary |
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Line of Business : |
Management Consulting Services |
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No. of Employees : |
1 |
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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A1 |
A1 |
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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
Institut De Sélection Animale B.V.
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Business Description
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Institut de Sélection Animale B.V. is primarily engaged in Public
Relations activities; financial management; general management consultancy
activities; and business and management consultancy activities not elsewhere
classified. |
Industry
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Industry |
Business Services |
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ANZSIC 2006: |
696 - Management and Related Consulting
Services |
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NACE 2002: |
7414 - Business and management consultancy
activities |
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NAICS 2002: |
54161 - Management Consulting Services |
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7414 - Business and management consultancy
activities |
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US SIC 1987: |
8742 - Management Consulting Services |
Key Executives
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1 - Profit &
Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
Corporate Overview
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Corporate Structure News
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Institut De
Sélection Animale B.V. |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Boxmeer, Noord-Brabant |
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Fish and Livestock |
203.9 |
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Subsidiary |
Ploufragan |
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Fish and Livestock |
15.9 |
74 |
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Subsidiary |
Boxmeer, Noord-Brabant |
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Fish and Livestock |
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40 |
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Subsidiary |
Manerbio, |
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Fish and Livestock |
1.9 |
4 |
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Subsidiary |
Ploufragan |
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Miscellaneous Financial Services |
16.1 |
14 |
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Subsidiary |
Boxmeer, Noord-Brabant |
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Business Services |
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1 |
Executives Report
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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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Gross profit |
16.2 |
16.6 |
16.2 |
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Total payroll costs |
4.7 |
4.9 |
4.4 |
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Change in value of fixed assets arising from revaluation |
0.3 |
0.4 |
0.6 |
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Other operating costs |
8.3 |
9.6 |
7.3 |
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Net operating income |
2.8 |
1.6 |
3.9 |
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Total financial income |
0.1 |
- |
0.2 |
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Total expenses |
0.1 |
0.1 |
0.1 |
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Profit before tax |
2.8 |
1.5 |
4.0 |
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Profit attributable to minority interest shareholdings |
12.2 |
5.2 |
-0.5 |
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Profit on ordinary activities after tax |
2.2 |
1.3 |
3.3 |
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Total taxation |
0.6 |
0.2 |
0.8 |
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Profit after tax |
2.2 |
1.3 |
3.3 |
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Net profit |
14.4 |
6.6 |
2.8 |
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Annual Balance
Sheet |
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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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Other reserves |
19.0 |
12.2 |
8.6 |
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Total reserves |
4.5 |
4.2 |
4.6 |
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Profit brought forward from previous year(s) |
14.6 |
6.8 |
2.7 |
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Total stockholders equity |
38.1 |
23.2 |
15.9 |
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Provisions and allowances |
0.8 |
2.8 |
2.4 |
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Total long-term liabilities |
2.3 |
- |
- |
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Trade creditors |
1.4 |
1.3 |
1.9 |
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Total current liabilities |
10.8 |
10.6 |
9.0 |
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Total liabilities (including net worth) |
52.1 |
36.6 |
27.3 |
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Total tangible fixed assets |
2.4 |
0.5 |
0.7 |
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Total asset investment |
34.9 |
18.3 |
17.9 |
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Total non-current assets |
37.3 |
18.8 |
18.6 |
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Net stocks and work in progress |
0.1 |
0.1 |
0.5 |
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Trade debtors |
1.4 |
3.3 |
3.9 |
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Other receivables |
1.2 |
2.3 |
2.9 |
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Total receivables |
2.6 |
5.6 |
6.8 |
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Cash and liquid assets |
12.1 |
12.1 |
1.4 |
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Total current assets |
14.8 |
17.8 |
8.7 |
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Total assets |
52.1 |
36.6 |
27.3 |
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Annual Ratios |
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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 |
1.40 |
1.70 |
1.00 |
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Acid test ratio |
1.40 |
1.70 |
0.90 |
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Current liabilities to net worth |
0.28% |
0.46% |
0.57% |
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Fixed assets to net worth |
0.98% |
0.81% |
1.17% |
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Return on assets |
0.05% |
0.04% |
0.14% |
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Shareholders' return |
0.07% |
0.07% |
0.24% |
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Profit per employee |
33.43 |
18.73 |
49.07 |
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Return on capital |
0.07% |
0.05% |
0.20% |
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Average wage per employee |
56.92 |
61.96 |
54.06 |
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Net worth |
38.1 |
23.2 |
15.9 |
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Number of employees |
63 |
57 |
56 |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.56 |
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1 |
Rs.85.52 |
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Euro |
1 |
Rs.69.50 |
INFORMATION DETAILS
|
Report Prepared
by : |
PRL |
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.