MIRA INFORM REPORT

 

 

Report Date :

30.06.2012

 

IDENTIFICATION DETAILS

 

Name :

BENIND SPA

 

 

Registered Office :

Via Villa Minelli 1 Ponzano Veneto, 31050

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

11.04.1975

 

 

Com. Reg. No.:

02309270581

 

 

Legal Form :

Public Subsidiary

 

 

Line of Business :

Manufacture of other outerwear

 

 

No. of Employees :

967

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D


Company name and address

 

Top of Form

Bottom of Form

Benind SpA

                                                                                                                                               

 

Via Villa Minelli 1

 

 

Ponzano Veneto, 31050

Italy

 

Tel:

+39 0422 519111

Fax:

+39 0422 969501

 

 

 

Employees:

967

Company Type:

Public Subsidiary

Corporate Family:

267 Companies

Ultimate Parent:

Ragione S.a.p.a. di Gilberto Benetton

 

 

Incorporation Date:

11-Apr-1975

Financials in:

USD (mil)

 

 

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Euro

Annual Sales:

1,602.8

Total Assets:

732.9

                                         

Business Description          

 

BENIND SPA is primarily engaged in manufacture of other men’s outerwear; and manufacture of other women’s outerwear.

          

Industry                                                                                                                                

 

Industry

Apparel and Accessories

ANZSIC 2006:

1351 - Clothing Manufacturing

NACE 2002:

1822 - Manufacture of other outerwear

NAICS 2002:

3152 - Cut and Sew Apparel Manufacturing

UK SIC 2003:

1822 - Manufacture of other outerwear

US SIC 1987:

2329 - Men's and Boys' Clothing, Not Elsewhere Classified

 

 

                      

Key Executives           

   

 

Name

Title

Biagio Chiarolanza

President

Claudio Casellato

Executive

Giuseppe Mario Cavattoni

Executive

Alberto Nathansohn

Member of the board

Fabio Sartori

Member of the board

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

 


Corporate Overview

 

Location
Via Villa Minelli 1
Ponzano Veneto, 31050
Italy

 

Tel:

+39 0422 519111

Fax:

+39 0422 969501

 

Suggest Company URL

 

Sales EUR(mil):

1,210.3

Assets EUR(mil):

546.3

Employees:

967

Fiscal Year End:

31-Dec-2010

 

Industry:

Apparel and Accessories

Incorporation Date:

11-Apr-1975

Company Type:

Public Subsidiary

Quoted Status:

Not Quoted

Registered No.(ITA):

02309270581

 

Member of the board:

Alberto Nathansohn

Contents

Industry Codes

Business Description

Financial Data

Subsidiaries

Key Corporate Relationships

Industry Codes

 

ANZSIC 2006 Codes:

1332

-

Rope, Cordage and Twine Manufacturing

1351

-

Clothing Manufacturing

9539

-

Other Personal Services Not Elsewhere Classified

5299

-

Other Transport Support Services Not Elsewhere Classified

 

NACE 2002 Codes:

1754

-

Manufacture of other textiles not elsewhere classified

9305

-

Other service activities not elsewhere classified

1822

-

Manufacture of other outerwear

6321

-

Other supporting land transport activities

 

NAICS 2002 Codes:

31499

-

All Other Textile Product Mills

3152

-

Cut and Sew Apparel Manufacturing

8129

-

Other Personal Services

488490

-

Other Support Activities for Road Transportation

 

US SIC 1987:

2299

-

Textile goods, Not Elsewhere Classified

2329

-

Men's and Boys' Clothing, Not Elsewhere Classified

7299

-

Miscellaneous Personal Services, Not Elsewhere Classified

4173

-

Terminal and Service Facilities for Motor Vehicle Passenger Transportation

 

UK SIC 2003:

1754

-

Manufacture of other textiles not elsewhere classified

9305

-

Other service activities not elsewhere classified

1822

-

Manufacture of other outerwear

6321

-

Other supporting land transport activities

 

 

Business Description

BENIND SPA is primarily engaged in manufacture of other men’s outerwear; and manufacture of other women’s outerwear.

 

 

 

 

 

 

 

 

Financial Data

 

Financials in:

EUR(mil)

 

Revenue:

1,210.3

Assets:

546.3

Current Assets:

390.1

 

Total Liabilities:

546.3

 

Net Worth:

160.1

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

-6.5%

NA

 

 

Subsidiaries

Company

Percentage Owned

Country

La Cantina Delle Nostre Ville Venete Societa Agricola A Rl

 

 

 

 

 

 

 

Key Corporate Relationships

Bank:

Intesa SanPaolo Ag

 

 

 

 

 

 

 

 

 

 

Corporate Structure News

 

Benind SpA
Total Corporate Family Members: 267

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Ragione S.a.p.a. di Gilberto Benetton

Parent

Treviso

Italy

Miscellaneous Financial Services

 

 

Edizione Holding S.p.A.

Holding

Treviso

Italy

Miscellaneous Financial Services

 

14

Horeca Exploitatie Maatschappij Schiphol B.V.

Subsidiary

Luchthaven Schiphol, Noord-Holland

Netherlands

Hotels and Motels

114.7

1,045

Benetton Group SpA

Subsidiary

Ponzano Veneto, TV

Italy

Apparel and Accessories

52.0

349

Autogrill SpA

Holding

Rozzano

Italy

Restaurants

9,113.4

46,940

HMSHost Corporation

Subsidiary

Bethesda, MD

United States

Restaurants

1,400.0

26,000

HMS Host

Branch

Chicago, IL

United States

Recreational Activities

100.8

1,200

HMS Host

Branch

Las Vegas, NV

United States

Recreational Activities

75.6

900

HMS Host

Subsidiary

Jamaica, NY

United States

Recreational Activities

67.2

800

HMS Host

Branch

St Louis, MO

United States

Recreational Activities

67.2

800

HMS Host

Branch

Dallas, TX

United States

Recreational Activities

67.2

800

Host Marriott Airport Gift Shop

Branch

St Paul, MN

United States

Recreational Activities

67.2

800

HMS Host

Branch

Seatac, WA

United States

Recreational Activities

50.4

600

HMS Host

Branch

Honolulu, HI

United States

Recreational Activities

37.8

450

HMS Host

Branch

Salt Lake City, UT

United States

Recreational Activities

36.5

435

HMS Host

Branch

Aberdeen, MD

United States

Recreational Activities

25.2

300

HMS Host

Branch

Kansas City, MO

United States

Recreational Activities

25.2

300

HMS Host

Branch

West Palm Beach, FL

United States

Recreational Activities

25.2

300

HMS Host

Branch

Cincinnati, OH

United States

Recreational Activities

21.0

250

HMS Host

Branch

Jacksonville, FL

United States

Recreational Activities

21.0

250

HMS Host Of Canada

Subsidiary

North York, ON

Canada

Restaurants

 

250

HMS Host Of Canada

Branch

Edmonton, AB

Canada

Restaurants

12.8

240

HMS Host Of Canada

Branch

Newcastle, ON

Canada

Restaurants

5.2

100

HMS Host Of Canada

Branch

Richmond, BC

Canada

Restaurants

0.5

10

HMS Host

Branch

Jacksonville, FL

United States

Recreational Activities

16.8

200

HMS Host

Branch

Columbus, OH

United States

Recreational Activities

16.7

199

HMS Host

Branch

San Jose, CA

United States

Restaurants

7.2

180

HMS Host

Branch

North East, MD

United States

Hotels and Motels

17.2

175

HMS Host

Branch

Cranbury, NJ

United States

Recreational Activities

14.1

168

HMS Host

Branch

Anchorage, AK

United States

Recreational Activities

13.4

160

HMS Host

Branch

Lake Worth, FL

United States

Recreational Activities

12.6

150

HMS Host

Branch

Norfolk, VA

United States

Recreational Activities

10.9

130

HMS Host

Branch

South Amboy, NJ

United States

Recreational Activities

10.9

130

HMS Host

Branch

Elverson, PA

United States

Recreational Activities

10.1

120

HMS Host

Branch

Pattersonville, NY

United States

Recreational Activities

10.1

120

HMS Host

Branch

Louisville, KY

United States

Recreational Activities

10.1

120

HMS Host

Branch

Hannacroix, NY

United States

Recreational Activities

10.1

120

HMS Host

Branch

Montvale, NJ

United States

Recreational Activities

9.1

108

HMS Host

Branch

Ridgefield, NJ

United States

Recreational Activities

8.7

104

HMS Host

Branch

Vandalia, OH

United States

Recreational Activities

8.4

100

HMS Host

Branch

Clyde, OH

United States

Restaurants

4.0

100

HMS Host

Branch

Waterfall, PA

United States

Restaurants

4.0

100

HMS Host

Branch

El Paso, TX

United States

Recreational Activities

8.3

99

HMS Host

Branch

Corfu, NY

United States

Recreational Activities

8.0

95

HMS Host

Branch

Trenton, NJ

United States

Recreational Activities

7.6

90

HMS Host

Branch

Westmoreland, NY

United States

Recreational Activities

6.9

82

HMS Host

Branch

West Gardiner, ME

United States

Recreational Activities

6.7

80

HMS Host

Branch

Beckley, WV

United States

Recreational Activities

6.7

80

HMS Host

Branch

Clifton Springs, NY

United States

Recreational Activities

6.7

80

HMS Host

Branch

Hammonton, NJ

United States

Restaurants

5.9

78

HMS Host

Branch

Trenton, NJ

United States

Recreational Activities

6.3

75

HMS Host

Branch

Spokane, WA

United States

Recreational Activities

6.3

75

HMS Host

Branch

Clifton Springs, NY

United States

Recreational Activities

6.3

75

HMS Host

Branch

Kennebunk, ME

United States

Recreational Activities

5.9

70

HMS Host

Branch

Boise, ID

United States

Recreational Activities

5.9

70

HMS Host

Branch

Absecon, NJ

United States

Restaurants

2.8

70

HMS Host

Branch

Canastota, NY

United States

Recreational Activities

5.5

66

HMS Host

Branch

Ruby, NY

United States

Recreational Activities

5.3

63

HMS Host

Branch

Wichita, KS

United States

Recreational Activities

5.3

63

HMS Host

Branch

Little Falls, NY

United States

Recreational Activities

5.0

60

HMS Host

Branch

Jim Thorpe, PA

United States

Recreational Activities

5.0

60

HMS Host

Branch

Penns Grove, NJ

United States

Recreational Activities

4.9

58

HMS Host

Branch

Phelps, NY

United States

Recreational Activities

4.6

55

HMS Host

Branch

Wildwood, FL

United States

Recreational Activities

4.5

54

HMS Host

Branch

Bowmansville, PA

United States

Recreational Activities

4.4

52

HMS Host

Branch

Kahului, HI

United States

Recreational Activities

4.2

50

HMS Host

Branch

Elkhart, IN

United States

Recreational Activities

4.2

50

HMS Host

Branch

Little Falls, NY

United States

Recreational Activities

4.2

50

HMS Host

Branch

Elkhart, IN

United States

Recreational Activities

4.2

50

HMS Host

Branch

Mt Laurel, NJ

United States

Recreational Activities

4.2

50

HMS Host

Branch

Middletown, PA

United States

Recreational Activities

4.2

50

HMS Host

Branch

Hastings On Hdsn, NY

United States

Recreational Activities

3.8

45

HMS Host

Branch

Sarasota, FL

United States

Recreational Activities

3.8

45

HMS Host

Branch

New York, NY

United States

Recreational Activities

3.8

45

HMS Host

Branch

Cleveland, OH

United States

Recreational Activities

3.4

40

HMS Host

Branch

Penns Grove, NJ

United States

Recreational Activities

3.4

40

Autogrill Group Inc

Branch

Jackson, MS

United States

Recreational Activities

3.0

36

HMS Host

Branch

Portland, ME

United States

Recreational Activities

2.9

35

HMS Host

Branch

Cleveland, OH

United States

Recreational Activities

2.5

30

HMS Hosts

Branch

Mantua, OH

United States

Recreational Activities

2.5

30

HMS Host

Branch

Swanton, OH

United States

Restaurants

1.0

26

HMS Host

Branch

Houston, TX

United States

Recreational Activities

2.1

25

HMS Host

Branch

Oak Hill, WV

United States

Recreational Activities

1.7

20

HMS Host

Branch

Belvidere, IL

United States

Restaurants

0.8

20

HMS Host

Branch

Cumberland Ctr, ME

United States

Recreational Activities

1.3

15

HMS Host

Branch

Jamaica, NY

United States

Recreational Activities

1.3

15

HMS Host

Branch

Schiller Park, IL

United States

Recreational Activities

1.3

15

HMS Host

Branch

San Antonio, TX

United States

Recreational Activities

1.0

12

HMS Host

Branch

Dekalb, IL

United States

Recreational Activities

1.0

12

HMS Host

Branch

Chicago, IL

United States

Restaurants

0.5

12

HMS Host

Branch

Fort Myers, FL

United States

Restaurants

0.5

12

HMS Host

Branch

West Unity, OH

United States

Restaurants

0.5

12

HMS Host

Branch

West Unity, OH

United States

Restaurants

0.5

12

HMS Host

Branch

Newark, NJ

United States

Hotels and Motels

1.2

11

HMS Host

Branch

East Brunswick, NJ

United States

Recreational Activities

0.8

10

HMS Host

Branch

Lakewood, CO

United States

Recreational Activities

0.8

10

HMS Host

Branch

Belmar, NJ

United States

Recreational Activities

0.8

10

HMS Host

Branch

Ridgefield, NJ

United States

Recreational Activities

0.8

10

HMS Host

Branch

Houston, TX

United States

Recreational Activities

0.5

6

HMS Host

Branch

San Diego, CA

United States

Recreational Activities

0.5

6

HMS Host

Branch

Concord, NC

United States

Recreational Activities

0.5

6

HMS Host

Branch

Orlando, FL

United States

Recreational Activities

0.5

6

HMS Host

Branch

Jamaica, NY

United States

Recreational Activities

0.5

6

HMS Host

Branch

Memphis, TN

United States

Recreational Activities

0.5

6

HMS Host

Branch

Bedford, PA

United States

Recreational Activities

0.5

6

HMS Host

Branch

King Of Prussia, PA

United States

Recreational Activities

0.5

6

HMS Host

Branch

San Antonio, TX

United States

Recreational Activities

0.5

6

HMS Host

Branch

Atlanta, GA

United States

Recreational Activities

0.5

6

HMS Host

Branch

South Amboy, NJ

United States

Recreational Activities

0.5

6

HMS Host

Branch

Houston, TX

United States

Recreational Activities

0.5

6

HMS Host

Branch

Baltimore, MD

United States

Recreational Activities

0.5

6

HMS Host

Branch

Ontario, CA

United States

Recreational Activities

0.5

6

HMS Host

Branch

Verona, PA

United States

Recreational Activities

0.5

6

HMS Host

Branch

Houston, TX

United States

Recreational Activities

0.5

6

HMS Host

Branch

Penns Grove, NJ

United States

Recreational Activities

0.5

6

HMS Host

Branch

Trenton, NJ

United States

Recreational Activities

0.5

6

HMS Host

Branch

New Baltimore, NY

United States

Restaurants

0.3

4

HMS Host

Branch

Glen Burnie, MD

United States

Recreational Activities

0.3

3

HMS Host

Branch

Somerset, PA

United States

Recreational Activities

0.3

3

HMS Host

Branch

Sacramento, CA

United States

Recreational Activities

0.3

3

HMS Host

Branch

Miami, FL

United States

Recreational Activities

0.3

3

HMS Host

Branch

Oakland, CA

United States

Recreational Activities

0.3

3

HMS Host

Branch

Atlanta, GA

United States

Recreational Activities

0.1

1

Alpha Airports Group Plc

Subsidiary

Hounslow

United Kingdom

Miscellaneous Transportation

1,105.9

6,787

Alpha Flight Services

Division

West Drayton

United Kingdom

Miscellaneous Transportation

 

400

Alpha Retail

Division

Hounslow

United Kingdom

Miscellaneous Transportation

 

120

Autogrill Holdings UK PLC

Subsidiary

Birmingham

United Kingdom

Commercial Banks

 

6,780

Autogrill Côté France SAS

Subsidiary

Marseille

France

Restaurants

178.8

1,922

Soc Regionale St Rambert Albon

Subsidiary

St Rambert D Albon

France

Hotels and Motels

13.2

149

Societe De La Porte De Champagne

Subsidiary

Perrogney Les Fontaines

France

Restaurants

5.6

34

Societe De Gestion De Restauration Routiere

Subsidiary

Marseille

France

Miscellaneous Financial Services

9.5

 

Soc De Restauration De Troyes Champagne

Subsidiary

Marseille

France

Restaurants

5.7

 

Societe Berrichonne De Restauration

Subsidiary

Marseille

France

Restaurants

4.9

 

Wdfg UK Holdings Ltd.

Subsidiary

Hounslow

United Kingdom

Retail (Specialty)

0.0

1,900

World Duty Free Europe Ltd.

UK Branch/Trading address

Hounslow

United Kingdom

Retail (Grocery)

0.0

180

World Duty Free Ltd.

UK Branch/Trading address

Aberdeen

United Kingdom

Miscellaneous Capital Goods

0.0

25

World Duty Free Ltd.

Subsidiary

Stansted

United Kingdom

Retail (Specialty)

 

 

Wdfg International Ltd.

Subsidiary

Feltham

United Kingdom

Nonclassifiable Industries

 

 

Alpha Airports (Furbs) Trustees Ltd.

Subsidiary

Feltham

United Kingdom

 

 

 

Alpha Esop Trustee Ltd.

Subsidiary

Feltham

United Kingdom

Nonclassifiable Industries

 

 

Airport Duty Free Shops Ltd.

Subsidiary

Feltham

United Kingdom

 

 

 

Alpha Euroservices Ltd.

Subsidiary

Feltham

United Kingdom

Nonclassifiable Industries

 

 

Aldeasa Sociedad Anonima

Subsidiary

Madrid

Spain

Retail (Apparel)

826.5

1,601

Sociedad De Distribucion Comercial Aeroportuaria De Canarias Sl

Subsidiary

Telde, Las Palmas

Spain

Retail (Grocery)

84.0

219

Aldeasa Group

Subsidiary

Amman

Jordan

Retail (Specialty)

 

 

Autogrill Schweiz AG

Subsidiary

Olten

Switzerland

Restaurants

141.7

1,300

World Duty Free Group, S.A.

Subsidiary

Madrid

Spain

Miscellaneous Transportation

95.2

1,175

Wdfg UK Ltd.

Subsidiary

Birmingham

United Kingdom

Retail (Specialty)

1,025.1

2,868

Pratt & Leslie Jones Ltd.

Subsidiary

Feltham

United Kingdom

Retail (Specialty)

 

 

Autogrill Holdings Uk Pension Trustees Ltd.

Subsidiary

Feltham

United Kingdom

Nonclassifiable Industries

 

 

Restauracion De Centros Comerciales Sa

Subsidiary

Madrid

Spain

Restaurants

19.1

202

Nuova Sidap SRL

Subsidiary

Novara, Novara

Italy

Retail (Specialty)

376.3

1,037

Autogrill Deutschland GmbH

Subsidiary

München, Bayern

Germany

Hotels and Motels

63.5

795

Autogrill Belux

Subsidiary

Antwerpen

Belgium

Restaurants

58.3

521

Restair

Subsidiary

Merelbeke

Belgium

Restaurants

52.4

462

Carestel Motorway Services

Subsidiary

Antwerpen

Belgium

Restaurants

40.8

408

Carestel Motorway Services SA/NV

Subsidiary

Antwerpen

Belgium

Restaurants

40.8

340

Chem - Lab

Subsidiary

Zedelgem

Belgium

Chemical Manufacturing

0.0

19

Pharma Plus

Subsidiary

Boussu

Belgium

Retail (Drugs)

3.2

5

Elektro Ludwig Ag

Subsidiary

Eupen

Belgium

Construction Services

0.0

 

Autogrill Austria AG

Subsidiary

Göttlesbrunn, Niederösterreich

Austria

Restaurants

24.6

270

CBR Incorporated

Subsidiary

Minneapolis, MN

United States

Retail (Specialty)

15.0

200

Creative Kidstuff

Branch

St Paul, MN

United States

Retail (Specialty)

4.2

25

Radio Road

Branch

Philadelphia, PA

United States

Retail (Apparel)

2.8

15

Creative Kidstuff

Branch

West Des Moines, IA

United States

Retail (Specialty)

2.5

15

Creative Kidstuff

Branch

Maple Grove, MN

United States

Retail (Specialty)

2.5

15

Spirit Of The Red Horse

Branch

St Paul, MN

United States

Retail (Specialty)

1.2

10

Spirit Of The Red Horse

Branch

Chicago, IL

United States

Retail (Specialty)

2.2

8

Zozo

Branch

St Paul, MN

United States

Retail (Specialty)

0.9

8

Minnesota!

Branch

St Paul, MN

United States

Retail (Specialty)

2.0

7

Creative Kidstuff

Branch

Salt Lake City, UT

United States

Retail (Specialty)

1.2

7

Spirit Of The Red Horse

Branch

Chicago, IL

United States

Retail (Specialty)

1.4

6

Talie

Branch

Atlanta, GA

United States

Retail (Specialty)

1.4

6

Radio Road

Branch

St Paul, MN

United States

Retail (Apparel)

1.1

6

Radio Road

Branch

Denver, CO

United States

Retail (Apparel)

0.9

6

Spirit Of The Red Horse

Branch

Denver, CO

United States

Retail (Apparel)

0.8

6

Zozo

Branch

Hebron, KY

United States

Retail (Specialty)

0.7

6

Talie

Branch

Baltimore, MD

United States

Retail (Specialty)

0.7

6

Jersey

Branch

Newark, NJ

United States

Retail (Specialty)

0.6

6

Zozo

Branch

Cincinnati, OH

United States

Retail (Specialty)

0.6

5

Kittson County Clothing

Branch

St Paul, MN

United States

Retail (Specialty)

0.6

5

Creative Kidstuff

Branch

Portland, OR

United States

Retail (Specialty)

0.7

4

Creative Kidstuff

Branch

Cincinnati, OH

United States

Retail (Specialty)

0.7

4

Creative Kidstuff

Branch

Newark, NJ

United States

Retail (Specialty)

0.7

4

Creative Kidstuff

Branch

Pittsburgh, PA

United States

Retail (Specialty)

0.7

4

Zozo

Branch

Pittsburgh, PA

United States

Retail (Specialty)

0.5

4

Talie

Branch

Chicago, IL

United States

Retail (Specialty)

0.7

3

Spirit Of The Red Horse

Branch

Pittsburgh, PA

United States

Retail (Specialty)

0.4

3

Talie

Branch

Tampa, FL

United States

Retail (Specialty)

0.2

2

Talie

Branch

St Paul, MN

United States

Retail (Specialty)

0.2

2

Autogrill S.A.S.

Subsidiary

Marseille

France

Restaurants

 

150

Autogrill Polska Sp Z O O

Subsidiary

Katowice

Poland

Restaurants

5.2

1

Aldeasa Atlanta Joint Venture

Subsidiary

Atlanta, GA

United States

Miscellaneous Capital Goods

 

 

World Duty Free US Inc

Branch

Orlando, FL

United States

Retail (Specialty)

5.2

26

Benetton Trading USA Inc

Subsidiary

New York, NY

United States

Retail (Apparel)

146.8

3,000

Benetton

Branch

New York, NY

United States

Retail (Apparel)

3.7

20

Benetton

Branch

Mc Lean, VA

United States

Retail (Apparel)

3.7

20

Benetton

Branch

Washington, DC

United States

Retail (Apparel)

3.3

18

Benetton

Branch

Santa Monica, CA

United States

Retail (Apparel)

3.2

17

United Colors Of Benetton

Branch

Central Valley, NY

United States

Retail (Apparel)

3.0

16

Benetton

Branch

Miami, FL

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Tulalip, WA

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Chicago, IL

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Tucson, AZ

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Las Vegas, NV

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Miami, FL

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Cedarhurst, NY

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Chicago, IL

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Arlington, VA

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Garden City, NY

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Atlantic City, NJ

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Flushing, NY

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Tucson, AZ

United States

Retail (Apparel)

2.8

15

Benetton Kid

Branch

Brooklyn, NY

United States

Retail (Apparel)

2.8

15

Benetton

Branch

Durham, NC

United States

Retail (Apparel)

2.4

13

Benetton

Branch

Sunrise, FL

United States

Retail (Apparel)

2.0

11

Benetton

Branch

Skokie, IL

United States

Retail (Apparel)

2.0

11

Benetton

Branch

Costa Mesa, CA

United States

Retail (Apparel)

1.9

10

Benetton

Branch

Charlotte, NC

United States

Retail (Apparel)

1.9

10

Benetton

Branch

Waipahu, HI

United States

Retail (Apparel)

1.9

10

Benetton

Branch

Atlanta, GA

United States

Retail (Apparel)

1.9

10

Benetton

Branch

Charleston, SC

United States

Retail (Apparel)

1.7

9

Benetton

Branch

Boston, MA

United States

Retail (Apparel)

1.5

8

United Colors Of Benetton

Branch

San Marcos, TX

United States

Retail (Apparel)

1.5

8

Benetton

Branch

Raleigh, NC

United States

Retail (Apparel)

1.5

8

Benetton

Branch

Short Hills, NJ

United States

Retail (Apparel)

1.5

8

Benetton

Branch

Las Vegas, NV

United States

Retail (Apparel)

1.5

8

Sisley

Branch

San Francisco, CA

United States

Retail (Apparel)

1.3

8

Benetton

Branch

Miami Beach, FL

United States

Retail (Apparel)

1.3

7

Benetton

Branch

Richmond, VA

United States

Retail (Apparel)

1.3

7

Sisley

Branch

New York, NY

United States

Retail (Apparel)

1.3

7

Benetton

Branch

Pittsburgh, PA

United States

Retail (Apparel)

1.3

7

Benetton

Branch

Pleasant Prairie, WI

United States

Retail (Apparel)

1.3

7

Sisley

Branch

Atlanta, GA

United States

Retail (Apparel)

1.1

7

Benetton

Branch

Commerce, CA

United States

Retail (Apparel)

1.1

6

Benetton

Branch

San Francisco, CA

United States

Retail (Apparel)

1.1

6

Benetton

Branch

Howell, NJ

United States

Retail (Apparel)

0.9

5

Benetton

Branch

Coral Gables, FL

United States

Retail (Apparel)

0.9

5

Benetton

Branch

Duluth, MN

United States

Retail (Apparel)

0.9

5

Benetton

Branch

Towson, MD

United States

Retail (Apparel)

0.9

5

Benetton

Branch

Miami, FL

United States

Retail (Apparel)

0.9

5

Benetton

Branch

Los Angeles, CA

United States

Retail (Apparel)

0.9

5

Benetton

Branch

Long Island City, NY

United States

Retail (Apparel)

0.6

3

Benetton

Branch

Brooklyn, NY

United States

Retail (Apparel)

0.6

3

Benetton

Branch

Brooklyn, NY

United States

Retail (Apparel)

0.4

2

Benetton

Branch

San Francisco, CA

United States

Retail (Apparel)

0.4

2

Benetton

Branch

Oak Park, IL

United States

Retail (Apparel)

0.2

1

Benetton

Branch

Sausalito, CA

United States

Retail (Apparel)

0.2

1

Olimpias SpA

Subsidiary

Ponzano Veneto, Treviso

Italy

Apparel and Accessories

207.0

1,031

Aerre SRL

Subsidiary

Vittorio Veneto, Treviso

Italy

Apparel and Accessories

4.7

27

Benind SpA

Subsidiary

Ponzano Veneto, Treviso

Italy

Apparel and Accessories

1,602.8

967

Benetton Manufacturing Tunisia Sarl

Subsidiary

Sahline

Tunisia

Apparel and Accessories

189.8

510

Benetton Ungheria Feldolgozó és Kereskedelmi Kft

Subsidiary

Nagykálló

Hungary

Apparel and Accessories

11.0

379

Bencom SRL

Subsidiary

Ponzano Veneto, Treviso

Italy

Apparel and Accessories

2,163.1

304

Milano Report SpA

Subsidiary

Milano, Milano

Italy

Retail (Specialty)

76.5

384

Benetton Tunisia SARL

Subsidiary

Sahline

Tunisia

Apparel and Accessories

 

168

Benetton Korea Inc

Subsidiary

Seoul

Korea, Republic of

Textiles - Non Apparel

7.0

110

Benetton Retail Italia SRL

Subsidiary

Ponzano Veneto, Treviso

Italy

Retail (Apparel)

13.1

94

Bentec SpA

Subsidiary

Milano, Milano

Italy

Software and Programming

49.8

69

Benetton U.S.A. Corporation

Subsidiary

New York, NY

United States

Apparel and Accessories

 

60

Fabrica SpA

Subsidiary

Ponzano Veneto, Treviso

Italy

Business Services

10.2

36

Benetton France Commercial SAS

Subsidiary

Paris

France

Retail (Apparel)

17.2

34

Societa Investimenti E Gestioni Immobiliari SRL

Subsidiary

Ponzano Veneto, Treviso

Italy

Business Services

10.0

1

Benetton Realty France

Subsidiary

Paris

France

Investment Services

9.7

1

Benetton S.L.

Subsidiary

Castellbisbal

Spain

Retail (Apparel)

175.0

 

Ac Oosterhout B.V.

Subsidiary

Oosterhout Nb, Noord-Brabant

Netherlands

Business Services

 

82

Day Two BV

Subsidiary

Eindhoven

Netherlands

Computer Services

 

 

 

 

 

 

Executives Report

 

 

Board of Directors

 

Name

Title

Function

Alberto Nathansohn

 

Member of the board

Director/Board Member

Fabio Sartori

 

Member of the board

Director/Board Member

 

Executives

 

Name

Title

Function

Biagio Chiarolanza

 

President

President

Claudio Casellato

 

Executive

Other

Giuseppe Mario Cavattoni

 

Executive

Other

Aldo Chiaradia

 

Executive

Other

Filippo De Nobili

 

Executive

Other

Marziano De Piccoli

 

Executive

Other

Roberto Dugo

 

Executive

Other

Franco Furno'

 

Executive

Other

Caterina Miotto

 

Executive

Other

Moreno Pasin

 

Executive

Other

Andrea Pezzangora

 

Executive

Other

Gabriele Piovesan

 

Executive

Other

Stefania Pirani

 

Executive

Other

Valentino Soldan

 

Executive

Other

Lucio Spigariol

 

Executive

Other

Vittorio Tesser

 

Executive

Other

Paolo Vasques

 

Executive

Other

 

 

Annual Profit & Loss

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.755078

0.719047

0.683679

Consolidated

No

No

No

 

 

 

 

Total income

1,591.7

1,737.3

2,047.7

Net sales

1,602.8

1,799.4

2,029.5

Other operating income

12.1

12.4

12.1

Raw materials and consumables employed

1,293.2

1,369.9

1,591.6

Other expenses

205.8

223.0

317.1

Total payroll costs

67.2

67.2

68.6

Fixed asset depreciation and amortisation

13.6

12.9

10.8

Other operating costs

1.1

1.5

1.6

Net operating income

10.8

62.8

57.9

Total financial income

46.8

-14.3

9.6

Total expenses

1.3

2.1

4.4

Profit before tax

56.2

46.4

63.0

Extraordinary result

-1.6

-0.8

-0.9

Profit after extraordinary items and before tax

54.6

45.6

62.1

Total taxation

14.3

13.9

19.1

Net profit

40.4

31.7

43.0

 

 

 

Annual Balance Sheet

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Total stockholders equity

214.8

169.4

160.2

Provision for risks

2.1

-

-

Provision for pensions

22.9

26.4

26.4

Other long-term liabilities

-

-

0.2

Trade creditors

452.1

456.2

548.4

Other current liabilities

40.3

51.6

65.4

Accruals and deferred income

0.7

0.1

2.3

Total current liabilities

493.1

507.9

616.1

Total liabilities (including net worth)

732.9

703.7

802.9

Intangibles

0.8

0.8

0.7

Buildings

94.9

98.4

97.7

Total tangible fixed assets

165.5

172.3

161.2

Long-term investments

43.2

0.9

0.2

Total financial assets

43.2

0.9

0.2

Total non-current assets

209.5

173.9

162.0

Finished goods

92.5

124.1

194.7

Net stocks and work in progress

114.3

146.1

228.4

Trade debtors

87.5

101.3

149.6

Other receivables

312.6

276.3

241.7

Cash and liquid assets

0.0

0.0

0.0

Marketable securities

8.7

5.2

19.8

Accruals

0.3

0.8

1.3

Total current assets

523.3

529.8

640.9

Total assets

732.9

703.7

802.9

 

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Current ratio

1.10

1.00

1.00

Quick ratio

0.80

0.80

0.70

Current liabilities to net worth

0.02%

0.03%

0.04%

Sales per employee

1.16

1.20

1.27

Profit per employee

0.04

0.03

0.04

Average wage per employee

0.05

0.04

0.04

Net worth

214.8

169.4

160.2

Number of employees

1,047

1,082

1,095

 

Bottom of Form

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.56.31

UK Pound

1

Rs.88.06

Euro

1

Rs.70.91

 

 

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.