MIRA INFORM REPORT

Report Date :

06.06.2012

IDENTIFICATION DETAILS

Name :	MATAHAN - LIMITED LIABILITY COMPANY
Registered Office :	" Leninskaya Sloboda str., 26, bldg. 2, Moscow, 115280
Country :	Russian Federation
Financials (as on) :	01.01.2011
Date of Incorporation :	17.12.2008
Com. Reg. No.:	5087746609858
Legal Form :	OOO (Limited Liability Company by Russian Law)
Line of Business :	The company is engaged in freight service.
No. of Employees :	15

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
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 31^st, 2012

Country Name	Previous Rating (31.12.2011)	Current Rating (31.03.2012)
Russian Federation	A2	A2

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Comments

Information

The address and the registration number 5087746609858 mentioned in your inquiry belong to the company Obschestvo s ogranichennoy otvetstvennostyu "MATAKHAN" (name in English: "MATAHAN" LIMITED LIABILITY COMPANY). We provide the report on this company.

Summary

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "MATAKHAN"
Legal Form	OOO (Limited Liability Company by Russian Law)
Year of Foundation	2008
Sales	22 701 th RUR for 12 months, ended 01.01.2011
Employees	15 on June, 04, 2012 (company's data)

Company Identification Details

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "MATAKHAN"
Short Name	OOO "MATAKHAN"
Name in English	"MATAHAN" LIMITED LIABILITY COMPANY
Address	Leninskaya Sloboda str., 26, bldg. 2, Moscow, 115280, Russian Federation
Legal Address	Leninskaya Sloboda str., 26, bldg. 2, Moscow, 115280, Russian Federation
Phone	+7 (495) 7960616
Fax	+7 (495) 7960616
E-mail	matakhan@inbox.ru
WEB Address	none
History	02.02.2010: Legal Address changed from B. Tishinskiy per., 22, Moscow, 123557, Russian Federation

Official Company Data

Legal Form	OOO (Limited Liability Company by Russian Law)
Date of Registration	17.12.2008
Registration Number	5087746609858
Statistic Code (OKPO)	89591198
Taxpayer Code (INN)	7703681980
Registration Authority	Federal Tax Service of Russian Federation

Public Record Information

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "MATAKHAN" was not included in the published list of bankrupt companies.

Share Capital

Current Share Capital

20 000 RUR

Shareholders

Total	1 private person
Shareholder	Mr Zeverov Aleksandr Nikolaevich
Nationality	Russian Federation
Address	Borisovskiy pr., 11, bldg. 2, ap. 755, Moscow, 115563, Russian Federation
Date of Birth	23.09.1963
Taxpayer Code (INN)	771521232510
Share	100 %

Directors

Director	Mr Zeverov Aleksandr Nikolaevich
	Signature Right
Nationality	Russian Federation
Address	Borisovskiy pr., 11, bldg. 2, ap. 755, Moscow, 115563, Russian Federation
Date of Birth	23.09.1963
Taxpayer Code (INN)	771521232510

Re-Registration Data

Date of Registration	17.12.2008
	(Entering into the Single State Register of Legal Entities)
Registration Number	5087746609858
Registration Authority	Federal Tax Service of Russian Federation
Date of Re-registration	02.02.2010
File Number	6107746458473
Registration Authority	Federal Tax Service of Russian Federation
Changes	Legal Address
Date of Re-registration	04.04.2012
File Number	7127746187200
Registration Authority	Federal Tax Service of Russian Federation
Changes	Company's Rules

Operations

Activities	The company is engaged in freight service. Export-import transactions. The company is engaged in customs declaration of goods.
Staff Employed	15 on June, 04, 2012 (company's data)

Real Estate

Own	None
Rent	Office, warehouse Address: Leninskaya Sloboda str., 26, bldg. 2, Moscow, 115280, Russian Federation (company's data)

Export & Import

Export Countries	2009: Kazakhstan
Exported Goods	metal containers
Export Value	in 2010-2011: none in 2009: 9 629 USD in 2008: none
Import Countries	2011: Latvia, Lithuania, Finland, Poland, Germany 2010: Latvia, Lithuania, Germany
Imported Goods	ware, boxes, plastic products, costume jewellery, fixture, equipment, spare parts, furniture, stationery
Import Value	in 2011: 586 025 USD in 2010: 440 793 USD in 2008-2009: none

Branches

Branch

None

Participation

Information

None

Related Companies

Information

Mr Zeverov Aleksandr Nikolaevich is a shareholder of company OOO "KLINING-GRUPP" Registration Number: 1037730007336

Bankers

Bank	AKTSIONERNYY KOMMERCHESKIY SBEREGATEL'NYY BANK ROSSIYSKOY FEDERATSII (OAO), Tsaritsyno branch No 7978 (Russian Federation)

Financial Data

Profit and Loss (extract)

The following figures are shown in units of 1000

Period, months	12	12	12
Ended	01.01.2011	01.01.2010	01.01.2009
Currency	RUR	RUR	RUR
SALES	22701	1724
Cost of Goods sold	19970	170
GROSS PROFIT	2731	1554
Distribution Costs
Management Costs	2429	1533
OPERATING PROFIT	302	21
Non Trading Income	-144	-16
PRE TAX PROFIT	158	5
Taxation	32	4
PROFIT AFTER TAX	126	1

Balance Sheet (extract)

The following figures are shown in units of 1000

As at	01.01.2011	01.01.2010	01.01.2009
Currency	RUR	RUR	RUR
TOTAL FIXED ASSETS	12	30	20
Intangible Assets		14
Fixed Assets	12	16
TOTAL CURRENT ASSETS	8360	569
Stock	367	420
Trade debtors	7202	135
Cash	791	13
TOTAL ASSETS	8372	600	20
TOTAL EQUITY	169	30	20
Share Capital	20	20	20
Retained Profits	149	10
TOTAL LONG TERM LIABS
Long Term Loans
TOTAL CURRENT LIABS	8203	570
Short Term Loans
Short Term Trade Creditors	8203	570
TOTAL EQUITY & LIABS	8372	600	20

Key Credit Ratios

The following figures are shown as Ratios or Percentages

Accounts Date	01.01.2011	01.01.2010	01.01.2009
Current Ratio	1,02	1
Working Capital, x1000 RUR	157	-1
Quick Ratio	0,97	0,26
Debt to Equity Ratio	48,54	19
Current Assets Turnover	2,72	3,03
Total Assets Turnover Ratio	2,71	2,87
Pre Tax Profit Margin, %	0,7	0,29
Gross Profit, %	12,03	90,14
Return on Investment, %	93,49	16,67
Return on Assets, %	1,89	0,83

Clients & Suppliers

Clients

TOO "BERIKAP KAZAKHSTAN" (Kazakhstan)

Suppliers

MOTUL DEUTSCHLAND GMBH (Germany) IDROMECCANICA BERTOLINI S.P.A. (Italy) SCHOKOMA GMBH MASCHINENHANDEL (Germany) YANCHENG FOREIGN TRADE CORP. LTD. (China) PROGRESSIVE SPECIALTY GLASS COMPANY INC. (USA) ST.CLAIR APPAREL INC. (USA) ENTERTAINMENT OUTFITTERS LLC (USA) NANJING MOLSON MANUFACTURING LIMITED (China) *** The names of foreign partners may be pointed incorrectly as in official documents (declarations) they’re written in Russian. We present our apologies for possible mistakes in transliteration.

Actions at law

According to Arbitration court of Moscow judicial claims of the company are not registered.

Publications

Date	2012
Source	The Federal Tax Service of Russian Federation
Text of Publication	The Federal Tax Service of Russian Federation has published the information that Mr Zeverov Aleksandr Nikolaevich (as private person) does't have not paid taxes.

Original Financial Data (Russian Accounting Report in English)

Balance Sheet

The following figures are shown in units of 1000

ASSETS	Line code	as at 01.01.2009	as at 01.01.2010	as at 01.01.2011
I. NON-CURRENT ASSETS
Intangible assets	110	-	14	-
Fixed assets	120	-	16	12
Construction in progress	130	20	-	-17
Income-bearing investments in tangible assets	135	-	-	-
Long-term financial investments	140	-	-	-
Deferred tax assets	145	-	-	-
Other non-current assets	150	-	-	17
Total section I	190	20	30	12
II. CURRENT ASSETS
Inventories	210	-	420	367
including :
raw materials and other inventories	211	-	420	-
livestock	212	-	-	-
work in progress	213	-	-	-
finished goods and goods for resale	214	-	-	367
goods dispatched	215	-	-	-
expenses related to future periods	216	-	-	-
other supplies and expenditures	217	-	-	-
Value added tax on purchased goods	220	-	-	-
Accounts receivable (payments expected beyond 12 months after the reporting date)	230	-	-	-
including :
buyers and customers	231	-	-	-
Accounts receivable (payments expected within 12 months after the reporting date)	240	-	135	7202
including :
buyers and customers	241	-	6	4673
Short-term investments	250	-	-	-
Monetary assets	260	-	13	791
Other current assets	270	-	-	-
Total section II	290	-	569	8360
TOTAL SECTIONS I and II	300	20	600	8372
EQUITY AND LIABILITIES
III. EQUITY AND RESERVES
Share capital	410	20	20	20
Treasury shares	411	-	-	-
Additional capital	420	-	-	-
Legal reserve	430	-	-	-
including :
reserves and provisions formed in   accordance with legislation	431	-	-	-
reserves formed in accordance   with foundation documents	432	-	-	-
Retained earnings (loss)	470	-	10	149
Total section III	490	20	30	169
IV. NON-CURRENT LIABILITIES
Borrowings	510	-	-	-
Deferred tax liabilities	515	-	-	-
Other non-current liabilities	520	-	-	-
Total section IV	590	-	-	-
V. CURRENT LIABILITIES
Borrowings	610	-	-	-
Accounts payable	620	-	570	8203
including :
suppliers and contractors	621	-	498	3467
salaries payable	622	-	63	2
payable to state non-budget funds	623	-	5	7
taxes payable	624	-	3	22
other creditors	625	-	-	4706
Dividends payable to participants (shareholders)	630	-	-	-
Income of future periods	640	-	-	-
Reserves for future expenses  and payments	650	-	-	-
Other current liabilities	660	-	-	-
Total section V	690	-	570	8203
TOTAL SECTIONS III,IV,V	700	20	600	8372

PROFIT AND LOSS ACCOUNT

The following figures are shown in units of 1000

PARAMETER	Line code	01.01.2011	01.01.2010	01.01.2009
INCOME FROM AND EXPENSES ON ORDINARY ACTIVITIES
Sale of goods, products, work, services (less VAT, excise tax, other similar mandatory payments)	010	22701	1724	-
Cost of goods, products, work, services sold	020	19970	170	-
Gross profit	029	2731	1554	-
Selling expenses	030	-	-	-
Administrative expenses	040	2429	1533	-
Profit (loss) from operations	050	302	21	-
OTHER INCOME AND EXPENSES
Interest income	060	1	-	-
Interest expenses	070	-	-	-
Income from investments in other companies	080	-	-	-
Other operating income	090	1	-	-
Other operating expenses	100	146	16	-
Non-operating income	120	-	-	-
Non-operating expenses	130	-	-	-
Profit (loss) before profit tax	140	158	5	-
Deferred tax assets	141	-	-	-
Deferred tax liabilities	142	-	-	-
Current profit tax	150	32	4	-
Net profit (loss) for the reporting period	190	126	1	-

Rates of Exchange

RUR - Russian Rouble	01.01.2011:   1 EUR = 40.49 RUR,   1 USD = 30.35 RUR
EUR - EURO	01.01.2010:   1 EUR = 43.46 RUR,   1 USD = 30.19 RUR
USD - US Dollar	01.01.2009:   1 EUR = 41.43 RUR,   1 USD = 29.39 RUR

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.56
UK Pound	1	Rs.85.52
Euro	1	Rs.69.50

INFORMATION DETAILS

Report Prepared by :

PRL

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.