MIRA INFORM REPORT

 

 

Report Date :

21.06.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

DETAY MERMER ATOLYESI MEHMET ARI 

 

 

Registered Office :

Huzurevi Mah. Dr. Sitki Gurel Cad. 20. Sok. Azmusebat Apt. No:6/3 Diyarbakir

 

 

Country :

Turkey

 

 

Financials (as on) :

31.03.2012

 

 

Date of Incorporation :

17.04.2007

 

 

Legal Form :

Sole-Proprietorship

 

 

Line of Business :

Processing and trade of marble and granite

 

 

No. of Employees :

02

 

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 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Turkey

B1

B1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

REMARKS

:

Full name of the firm was missing at your inquiry. "DETAY MERMER GRANIT" is the trade name of "DETAY MERMER ATOLYESI MEHMET ARI" which is a sole-proprietorship.

 

 

COMPANY IDENTIFICATION

 

NAME

:

DETAY MERMER ATOLYESI MEHMET ARI

HEAD OFFICE ADDRESS

:

Huzurevi Mah. Dr. Sitki Gurel Cad. 20. Sok. Azmusebat Apt. No:6/3 Diyarbakir / Turkey

PHONE NUMBER

:

90-412-238 18 54

 

FAX NUMBER

:

90-412-238 18 54

 

 

 

LEGAL STATUS AND HISTORY

 

NOTES ON LEGAL STATUS AND HISTORY

:

As the subject is not obliged to be registered at commercial registry due to its legal form, it has not registered at Commercial Registry.

 

Liability of the subject is not limited to the capital.

 

TAX OFFICE

:

Gokalp

TAX NO

:

26677591788

DATE ESTABLISHED

:

17.04.2007

LEGAL FORM

:

Sole-Proprietorship

TYPE OF COMPANY

:

Private

 

 

OWNERSHIP / MANAGEMENT

 

SHAREHOLDERS

:

Mehmet Ari

100 %

 

 

REMARKS ON SHAREHOLDERS

:

Mehmet Ari was born in 1977.

PROPERTIES OWNED BY THE OWNER/PARTNERS

:

 

Property Type

2 Flats

A Car

Head office of the subject

SISTER COMPANIES

:

Declared to be: None

 

DIRECTORS

:

Mehmet Ari

 

 

 

OPERATIONS

 

BUSINESS ACTIVITIES

:

Processing and trade of marble and granite.

 

NACE CODE

:

DI.26.70

 

NUMBER OF EMPLOYEES

:

2

 

NET SALES

:

105.650 TL

(2010) 

868.396 TL

(2011) 

208.508 TL

(01.01-31.03.2012) 

 

 

IMPORT COUNTRIES

:

China

India

 

MERCHANDISE IMPORTED

:

Natural granite

 

EXPORT VALUE

:

0 TL

(2009)

0 TL

(2010)

0 TL

(2011)

0 TL

(01.01-31.03.2012)

 

 

HEAD OFFICE ADDRESS

:

Huzurevi Mah. Dr. Sitki Gurel Cad. 20. Sok. Azmusebat Apt. No:6/3 Diyarbakir / Turkey (owned)

 

BRANCHES

:

Processing Plant  :  Bagcilar Mah. Karanfil 10. Sok. No:12 Diyarbakir/Turkey

 

Head Office/Processing Plant  :  Huzurevi Mah. Dr. Sitki Gurel Cad. 20. Sok. Azmusebat Apt. No:6/3 Diyarbakir/Turkey (owned)

 

 

 

TREND OF BUSINESS

:

There was an upwards trend in  2011.

 

 

FINANCE

 

MAIN DEALING BANKS

:

Asya Katilim Bankasi Diyarbakir Branch

 

PAYMENT BEHAVIOUR

:

No payment delays have come to our knowledge.

 

KEY FINANCIAL ELEMENTS

:

 

(2010) TL

(2011) TL

(01.01-31.03.2012) TL

 

 

Net Sales

105.650

868.396

208.508

 

 

Profit (Loss) Before Tax

3.167

11.495

1.341

 

 

Gross Profit (loss)

12.186

23.011

6.523

 

 

Operating Profit (loss)

3.167

11.495

1.341

 

 

Net Profit (loss)

3.167

11.495

1.341

 

 

 

 

 

 

COMMENT ON FINANCIAL POSITION

 

General Financial Position

The firm is profitable and the owner/partners possess property.

 

 

Incr. in producers’ price index

 

Average USD/TL

Average EUR/TL

Average GBP/ TL

 ( 2009 )

5,93 %

1,5460

2,1529

2,4094

 ( 2010 )

8,87 %

1,5128

2,0096

2,3410

 ( 2011 )

13,33 %

1,6797

2,3378

2,6863

 ( 01.01-31.03.2012)

0,65 %

1,7995

2,3799

2,8402

 ( 01.01-31.05.2012)

1,27 %

1,8008

2,3565

2,8479

 

 

INCOME STATEMENTS

 

 

(2010) TL

 

(2011) TL

 

(01.01-31.03.2012) TL

 

Net Sales

105.650

1,00

868.396

1,00

208.508

1,00

Cost of Goods Sold

93.464

0,88

845.385

0,97

201.985

0,97

Gross Profit

12.186

0,12

23.011

0,03

6.523

0,03

Operating Expenses

9.019

0,09

11.516

0,01

5.182

0,02

Operating Profit

3.167

0,03

11.495

0,01

1.341

0,01

Other Income

0

0,00

0

0,00

0

0,00

Other Expenses

0

0,00

0

0,00

0

0,00

Financial Expenses

0

0,00

0

0,00

0

0,00

Minority Interests

0

0,00

0

0,00

0

0,00

Profit (loss) of consolidated firms

0

0,00

0

0,00

0

0,00

Profit (loss) Before Tax

3.167

0,03

11.495

0,01

1.341

0,01

Tax Payable

0

0,00

0

0,00

0

0,00

Postponed Tax Gain

0

0,00

0

0,00

0

0,00

Net Profit (loss)

3.167

0,03

11.495

0,01

1.341

0,01

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.86

UK Pound

1

Rs.87.93

Euro

1

Rs.70.88

 

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%)

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.