MIRA INFORM REPORT

Report Date :

15.06.2012

IDENTIFICATION DETAILS

Correct Name :	LEVENT YILMAZ-LEVENT YILMAZ

Registered Office :	Pirimehmet Mahallesi Cumhuriyet Caddesi Tevfik Yasar Carsisi Kat:6 No.71 Isparta

Country :	Turkey

Date of Incorporation :	31.12.2010

Com. Reg. No.:	10205-12240

Legal Form :	Sole-Proprietorship

Line of Business :	Trade and maintenance of second-hand textile machinery on commission basis

No. of Employees :	Not Available

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
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

Status :	Moderate

Payment Behaviour :	Unknown

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)

Turkey

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

NOTES

Full name of the firm was missing at your inquiry.

COMPANY IDENTIFICATION

NAME

LEVENT YILMAZ-LEVENT YILMAZ

HEAD OFFICE ADDRESS

Pirimehmet Mahallesi Cumhuriyet Caddesi Tevfik Yasar Carsisi Kat:6 No.71 Isparta / Turkey

PHONE NUMBER

90-246-223 35 52

90-537-724 16 19 (Contact number of Levent Yilmaz)

LEGAL STATUS AND HISTORY

NOTES ON LEGAL STATUS AND HISTORY		:		Liability of the subject is not limited to the capital.
TAX OFFICE		:		Kaymakkapi
TAX NO		:		42487423194
REGISTRATION NUMBER		:		10205-12240
REGISTERED OFFICE		:		Isparta Chamber of Commerce and Industry
DATE ESTABLISHED		:		The subject was registered at commercial registry on 30.12.2010.
ESTABLISHMENT GAZETTE DATE/NO		:		05.01.2011/7723
LEGAL FORM	:		Sole-Proprietorship
TYPE OF COMPANY	:		Private

OWNERSHIP / MANAGEMENT

SHAREHOLDERS

Levent Yilmaz	100 %

REMARKS ON SHAREHOLDERS

The owner, Levent Yilmaz was born on 01.03.1980 and he was graduated from primary school.

SISTER COMPANIES

Declared to be: None

DIRECTORS

Levent Yilmaz

OPERATIONS

BUSINESS ACTIVITIES	:	Trade and maintenance of second-hand textile machinery on commission basis.
NACE CODE	:	G .52.63
NUMBER OF EMPLOYEES	:	The firm has no employees. Operations are carried out by the owner.
REMARKS ON NET SALES	:	In Turkey there is no public registry on companies' financial and detailed general data. So, to collect a firm's data, an information agency has to contact the company and get its authorization. However the company strictly declines to give us an authorization to gather its financial data. As the firm's shares are not open to public it is not obliged to announce its data.
CAPACITY	:	None
PRODUCTION	:	None
HEAD OFFICE ADDRESS	:	Pirimehmet Mahallesi Cumhuriyet Caddesi Tevfik Yasar Carsisi Kat:6 No.71 Isparta / Turkey ( rented )

FINANCE

MAIN DEALING BANKS

Akbank Isparta Branch

PAYMENT BEHAVIOUR

No payment delays have come to our knowledge.

KEY FINANCIAL ELEMENTS

	(2010) TL	(2011) TL
Loss	-1.250	-605

COMMENT ON FINANCIAL POSITION

General Financial Position

The firm has loss but general financial position is undetermined.

	Incr. in producers’ price index	Average USD/TL	Average EUR/TL	Average GBP/ TL
( 2010 )	8,87 %	1,5128	2,0096	2,3410
( 2011 )	13,33 %	1,6797	2,3378	2,6863
( 01.01-31.05.2012)	1,27 %	1,8008	2,3565	2,8479

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.55.79
UK Pound	1	Rs.86.37
Euro	1	Rs.70.07

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%)

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