MIRA INFORM REPORT

Report Date :

09.03.2012

IDENTIFICATION DETAILS

Name :	BRÜCKNER TEXTILE TECHNOLOGIES GMBH & CO. KG

Registered Office :	Benzstr. 10, D 71229 Leonberg, Post Box 1154, D 71229 Leonberg

Country :	Germany

Date of Incorporation :	08.12.2005

Com. Reg. No.:	HRA 254481

Legal Form :	Ltd partnership with priv. ltd. company as general partner

Line of Business :	Manufacture of machinery for textile, apparel and leather production

No. of Employees :	238

RATING & COMMENTS

MIRA’s Rating :

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 – September 30^th, 2011

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

Germany

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

Company address

Brückner Textile Technologies GmbH & Co. KG

Company address

Benzstr. 10

D 71229 Leonberg

Post Box:

1154, D 71229 Leonberg

Telephone: 07152/12-0

Telefax: 07152/12-9254-9315

Homepage: www.brueckner-tm.de

E-mail: mail@brueckner-tm.de

VAT no

DE814584353

Tax ID number

70049/08537

Synthesis

LEGAL FORM Ltd partnership with priv. ltd. company as

general partner

Registered on: 08.12.2005

companies: Local court 70190 Stuttgart

under: HRA 254481

Total cap. contribution: EUR 2,000,000.00

Limited partner

Brückner Trockentechnik GmbH & Co. KG

Benzstr. 8-10

D 71229 Leonberg

Post Box:

1154, D 71201 Leonberg

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap. EUR 5,113,000.00

contribution:

Share: EUR 2,000,000.00

Registered on: 18.11.1958

Reg. data: 70190 Stuttgart, HRA 253375

General partner

Brückner Textile Technolgies

Geschäftsführungs GmbH

Benzstr. 10

D 71229 Leonberg

Legal form: Private limited company

Share capital: EUR 25,000.00

Registered on: 08.12.2005

Reg. data: 70190 Stuttgart, HRB 253341

Shareholder

Brückner Trockentechnik GmbH & Co. KG

Benzstr. 8-10

D 71229 Leonberg

Post Box:

1154, D 71201 Leonberg

Legal form: Ltd partnership with priv. ltd.

company as general partner

Total cap. EUR 5,113,000.00

contribution:

Share: EUR 25,000.00

Registered on: 18.11.1958

Reg. data: 70190 Stuttgart, HRA 253375

Manager

Regina Brückner

D 71229 Leonberg

having sole power of representation

born: 11.03.1969

Manager:

Axel Pieper

D 71229 Leonberg

having sole power of representation

born: 11.12.1967

Profession: Businessman

Manager:

Rüdiger Gieske

D 72135 Dettenhausen

authorized to jointly represent the company

born: 05.11.1960

Proxy

Dusko Popovic

Ludwigstr. 36

D 70794 Filderstadt

authorized to jointly represent the company

born: 30.06.1968

Proxy:

Gerd Kolmer

D 89155 Erbach

having sole power of representation

born: 20.08.1958

Proxy:

Stefan Müller

D 90571 Schwaig

authorized to jointly represent the company

born: 13.04.1968

Proxy:

Andreas Grausdies

D 70839 Gerlingen

authorized to jointly represent the company

born: 22.08.1963

Proxy:

Tim Birkenmaier

D 75446 Wiernsheim

authorized to jointly represent the company

born: 01.06.1979

Proxy:

Mathias Strecker

D 74632 Neuenstein

authorized to jointly represent the company

born: 19.01.1970

Proxy:

Josef Feiertag

D 79689 Maulburg

authorized to jointly represent the company

born: 29.06.1966

BUSINESS ACTIVITIES

Sectors

28940 Manufacture of machinery for textile, apparel and leather production

46640 Wholesale of machinery for the textile industry and of sewing and knitting machines

BRANCHES AND FACTORIES

Branch:

Brückner Textile Technologies GmbH & Co. KG

Laufener Str. 2

D 84529 Tittmoning

TEL.: 08683/709-0

FAX.: 08683/709-90

FINANCIAL INFORMATION

Payment experience: within agreed terms

Negative information: We have no negative information at hand.

REAL ESTATE

Type of ownership: Tenant

Address Benzstr. 10

D 71229 Leonberg

Real Estate of: Brückner Textile Technolgies

Geschäftsführungs GmbH

Type of ownership: Tenant

Address Benzstr. 10

D 71229 Leonberg

Land register documents were not available.

BANKERS

Principal bank

LANDESBANK BADEN-WÜRTTEMBERG, STUTTGART

Sort. code: 60050000, BIC: SOLADESTXXX

Further banks

LANDESBANK BADEN-WÜRTTEMBERG/BADEN-WÜRTTEMBERGISCHE BANK,

STUTTGART

Sort. code: 60050101, Account no.: 8966311, BIC: SOLADEST600

KREISSPARKASSE BÖBLINGEN, LEONBERG, WÜRTT

Sort. code: 60350130, BIC: BBKRDE6BXXX

DEUTSCHE BANK, STUTTGART

Sort. code: 60070070, Account no.: 1630607, BIC: DEUTDESSXXX

UNICREDIT BANK - HYPOVEREINSBANK, STUTTGART

Sort. code: 60020290, Account no.: 322642814, BIC: HYVEDEMM473

FINANCIAL FIGURES

Financial year: 01.01. - 31.12.

Equipment: EUR 1,121,835.00

Ac/ts receivable: EUR 10,578,328.00

Liabilities: EUR 7,245,985.00

Employees: 238

The aforementioned business figures may partly be estimated information based on average values in the line of business.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.57
UK Pound	1	Rs.79.57
Euro	1	Rs.66.50

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.

Company address

Company address

VAT no

Tax ID number

Synthesis

Limited partner

General partner

Shareholder

Manager

Proxy

BUSINESS ACTIVITIES

BRANCHES AND FACTORIES

FINANCIAL INFORMATION

REAL ESTATE

BANKERS

FINANCIAL FIGURES

Unit