MIRA INFORM REPORT

Report Date :

07.03.2012

IDENTIFICATION DETAILS

Name :	DELTA-TRADE LIMITED LIABILITY COMPANY
Registered Office :	Stankostroiteley str., 7, Ivanovo, Ivanovo Region, 153032,
Country :	Russian Federation
Date of Incorporation :	18.01.2008
Com. Reg. No.:	1083702000821
Legal Form :	Limited Liability Company by Russian Law
Line of Business :	Wholesale trade in textile equipment and spare parts.
No. of Employees :	10 Approximately

RATING & COMMENTS

MIRA’s Rating :

B

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

Maximum Credit Limit :	10 000 USD
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 – September 30, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
Russia	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 mentioned in your inquiry belongs to the company Obschestvo s ogranichennoy otvetstvennostyu "DEL'TA-TREYD" (name in English: "DELTA-TRADE" LIMITED LIABILITY COMPANY). We provide the report on this company. We couldn’t get the financial data on the company of 2008-2010 years, because there weren’t company’s financial data of 2008-2010 years in the Federal Statistics Service of Russian Federation. During the investigation we’ve talked to the shareholder of the company Mr Naydenov Evgeniy Aleksandrovich. We've sent the inquiry to the company with request to provide us new financial data. The shareholder of the company has promised us to provide them but at the moment we haven’t received a reply yet. If we receive additional information we’ll send you the renewed credit report.

Summary

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "DEL'TA-TREYD"
Legal Form	OOO (Limited Liability Company by Russian Law)
Year of Foundation	2008
Sales	not available
Employees	10 (approx.) on March, 06, 2012 (company's data)

Creditline Recommendations

Credit Limit

10 000 USD

Company Identification Details

Original Name	Obschestvo s ogranichennoy otvetstvennostyu "DEL'TA-TREYD"
Short Name	OOO "DEL'TA-TREYD"
Name in English	"DELTA-TRADE" LIMITED LIABILITY COMPANY
Address	Stankostroiteley str., 7A, Ivanovo, Ivanovo Region, 153032, Russian Federation
Legal Address	Stankostroiteley str., 7, Ivanovo, Ivanovo Region, 153032, Russian Federation
Phone	+7 (4932) 234323
Fax	+7 (4932) 234323
E-mail	cz888@mail.ru
WEB Address	none

Official Company Data

Legal Form	OOO (Limited Liability Company by Russian Law)
Date of Registration	18.01.2008
Registration Number	1083702000821
Statistic Code (OKPO)	82608464
Taxpayer Code (INN)	3702545240
Registration Authority	Federal Tax Service of Russian Federation

Public Record Information

Information

The company Obschestvo s ogranichennoy otvetstvennostyu "DEL'TA-TREYD" was not included in the published list of bankrupt companies.

Share Capital

Current Share Capital

10 000 RUR

Shareholders

Total	2 private persons
Shareholder	Mr Naydenov Evgeniy Aleksandrovich
Nationality	Russian Federation
Address	Ivanovskaya str., 69, bldg. 3, ap. 23, Kokhma poselok, Ivanovskyy District, Ivanovo Region, 153512, Russian Federation
Date of Birth	06.07.1974
Taxpayer Code (INN)	371100777772
Share	50 %
Shareholder	Mr Kosygin Vyacheslav Yur'evich
Nationality	Russian Federation
Address	Biryukovskaya str., 1, Kokhma poselok, Ivanovskyy District, Ivanovo Region, 153512, Russian Federation
Date of Birth	17.08.1973
Taxpayer Code (INN)	371100777606
Share	50 %

Directors

Director	Mr Naydenov Evgeniy Aleksandrovich
	Signature Right
Nationality	Russian Federation
Address	Ivanovskaya str., 69, bldg. 3, ap. 23, Kokhma poselok, Ivanovskyy District, Ivanovo Region, 153512, Russian Federation
Date of Birth	06.07.1974
Taxpayer Code (INN)	371100777772

Re-Registration Data

Date of Registration	18.01.2008
	(Entering into the Single State Register of Legal Entities)
Registration Number	1083702000821
Registration Authority	Federal Tax Service of Russian Federation
Date of Re-registration	03.02.2010
File Number	2103702062693
Registration Authority	Federal Tax Service of Russian Federation
Changes	Company's Rules

Operations

Activities	Wholesale trade in textile equipment and spare parts.
Staff Employed	10 (approx.) on March, 06, 2012 (company's data)
Employees' History	10 (approx.) on May, 05, 2009 (company's data)

Real Estate

Own	none
Rent	Office, warehouse Address: Stankostroiteley str., 7A, Ivanovo, 153032, Russian Federation (company's data)

Export & Import

Export Countries	2011: India, Pakistan, Bangladesh 2010: India 2009: Bangladesh
Exported Goods	textile equipment, spare parts
Export Value	in 2011: 463 226 USD in 2010: 272 465 USD in 2009: 98 340 USD in 2008: none
Import Countries	2011: China, Austria 2008-2010: China
Imported Goods	textile equipment, spare parts
Import Value	in 2011: 197 630 USD in 2010: 105 599 USD in 2009: 35 239 USD in 2008: 52 577 USD

Branches

Branch

None

Participation

Information

None

Related Companies

Information

Mr Naydenov Evgeniy Aleksandrovich and Mr Kosygin Vyacheslav Yur'evich are also shareholders of companies: OOO "MATIPOL" Registration number: 1103702029837 OOO "TESKO NK" registration number: 1023700557704

Bankers

Bank	OAO AKB "INVESTITSIONNYY TORGOVYY BANK" (Russian Federation)

Clients & Suppliers

Clients	EURO IMPEX INTERNATIONAL LTD. (Canada) SRI SASHDIGAA TEXTILE MILLS SIZING COMPOUND (India) M.K.TEXTILES (India) BISMILLAH TOWEL INDUSTRIES (Pakistan)
Suppliers	GERON CO., LTD. (China) HONEGGER GMBH (Austria) *** 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 on not paid taxes of Mr Naydenov Evgeniy Aleksandrovich (as private person): Date: 01.03.2012 Type of tax: The tax to property of physical persons. The tax sum: 2 932.50 RUR
Date	2012
Source	The Federal Tax Service of Russian Federation
Text of Publication	The Federal Tax Service of Russian Federation has published the information on not paid taxes of Mr Kosygin Vyacheslav Yur'evich (as private person): Date: 01.03.2012 Type of tax: The tax to property of physical persons. The tax sum: 8 330.00 RUR

Financial Data

We couldn’t get the financial data on the company of 2008-2010 years, because there weren’t company’s financial data of 2008-2010 years in the Federal Statistics Service of Russian Federation.

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.50.03
UK Pound	1	Rs.79.32
Euro	1	Rs.66.02

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.