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Report Date : |
09.03.2012 |
IDENTIFICATION DETAILS
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Name : |
WATERS GESELLSCHAFT M.B.H. |
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Registered Office : |
Hietzinger Hauptstraße 145, A-1130 Wien |
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Country : |
Austria |
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Financials (as on) : |
31.12.2010 |
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Date of Incorporation : |
05.08.1994 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Wholesale of electronic and telecommunications equipment and parts |
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No. of Employees : |
29 Approximately |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
EUR 2.103.000,00 |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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) |
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Austria |
A2 |
A2 |
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Risk Category |
ECGC Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
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Company name: |
Waters Gesellschaft m.b.H. |
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Status: |
active company |
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Locations: |
Hietzinger Hauptstraße 145, A-1130 Wien |
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Phone: |
0043 (1) 8771807 |
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Fax: |
0043 (1) 8771808 |
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E-mail: |
vienna@waters.com |
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Internet: |
http://www.waters.at |
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Activities: |
Önace 46520 100% Wholesale of electronic and telecommunications
equipment and parts |
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Detail Assessment: |
Payment Merchandise is mainly imported. Domestic obligations and invoices of
forwarders are settled within net agreements. |
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Assessment Financial situation is satisfactory. |
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Maximum credit EUR 2.103.000,00 |
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Year of incorporation: |
1994 |
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Type of company: |
Wholesale and retail trade; repair of motor vehicles |
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Legal form: |
limited liability company since 1994-07-18 |
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companies' house number: |
FN 110394 w Wien 1994-08-05 |
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Activities: |
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ARA-number: |
7657 |
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VAT number: |
ATU 15050405 |
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number - Austrian National Bank: |
2305186 |
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Import |
Country |
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Import |
Ireland |
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2011 |
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Import |
Netherlands |
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2011 |
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Import |
Great Britain and Northern Ireland / United Kingdom |
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2011 |
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Import |
USA |
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2011 |
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Export |
Country |
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Export |
India |
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2011 |
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Export |
Eastern Europe |
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2011 |
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Export |
Middle East |
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2011 |
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total turnover (total sales) |
2010 |
EUR 91.405.516,45 |
(exact) |
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total turnover (total sales) |
2009 |
EUR 69.672.717,63 |
(exact) |
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total turnover (total sales) |
2008 |
EUR 78.901.499,41 |
(exact) |
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total turnover (total sales) |
2007 |
EUR 77.328.035,83 |
(exact) |
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total turnover (total sales) |
2006 |
EUR 70.049.000,00 |
(exact) |
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total employees |
2011 |
29 |
(approx.) |
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white collar workers |
2011 |
29 |
(approx.) |
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total stock |
2011 |
EUR 200.000,00 |
(average) |
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firm (style): |
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1 Waters Gesellschaft
m.b.H. |
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legal form: |
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1 Gesellschaft mit
beschränkter Haftung |
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registered
office: |
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1 politischer Gemeinde Wien |
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business adress: |
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1 Hietzinger Hauptstraße
145 |
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capital: |
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1 ATS 500.000 |
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reference date
annual accounts: |
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1 31. Dezember |
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annual accounts: |
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30 zum 31.12.2010
eingereicht am 01.06.2011 |
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power of
representation: |
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1 Die Generalversammlung
bestimmt, wenn mehrere Geschäfts- |
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proxy: |
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I Eugene Burns, geb.
21.05.1963 |
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managing
director: |
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J Ing. Herbert Ottner, geb.
17.10.1964 |
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shareholder: |
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B Waters Technologies
Corporation |
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general table: |
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Handelsgericht Wien |
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No real estate property registered |
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Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as registered in the
companies' house) |
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Michael Cornelius Harrington |
1960-10-09 |
78380 Bougival Pavillon Chemin de Halage B15 |
manager |
0 |
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Ing. Herbert Ottner |
1964-10-17 |
2380 Perchtoldsdorf Franz Lehargasse 6 |
manager |
0 |
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Eugene Burns |
1963-05-21 |
3021 Preßbaum Piettegasse 26 |
individual signing clerk, head of accounting, head of EDP, head of personnel |
1 |
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Andrea Hofmann |
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1130 Wien Hietzinger Hauptstraße 145(c/o) |
head of marketing |
0 |
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Dr. Ulrich Hans Kuffner |
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1130 Wien Hietzinger Hauptstraße 145(c/o) |
technical director |
0 |
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2010-12-31 |
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Land with buildings (building value) |
119.943,56 |
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Other operating and business equipment |
87.369,23 |
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Sum tangible assets |
207.312,79 |
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Shares on related firms |
28.254,82 |
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Sum financial assets |
28.254,82 |
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Sum fixed assets |
235.567,61 |
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Finished products |
1.822.894,24 |
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Sum stock |
1.822.894,24 |
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Claims from delivered goods and performed services |
16.525.299,33 |
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Claims against related firmes Claims against companies with
shareholding relationship |
140.460,07 |
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Other claims and assets |
226.373,62 |
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Sum claims |
16.892.133,02 |
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Cash on hand, cheques and bank deposits |
1.316.613,25 |
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Sum cash and bank |
1.316.613,25 |
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Sum current assets |
20.031.640,51 |
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Deferred charges |
5.824,65 |
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Sum deferred charges |
5.824,65 |
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Assets |
20.273.032,77 |
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Subscribed/declared capital |
36.336,42 |
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Not committed capital reserves |
499.553,06 |
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Balance sheet profit/balance sheet loss |
2.222.879,65 |
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Thereof profit/loss carried forward |
1.789.724,76 |
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Sum equity capital |
2.758.769,13 |
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Reservesfor severance pays |
401.901,00 |
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Other reserves |
2.007.524,04 |
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Sum reserves |
2.409.425,04 |
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Liabilities against credit institutes |
81.062,57 |
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Received advanced payments for orders |
2.054.766,31 |
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Liabilities from delivered goods and performed services from the
acceptance of drafts and emission of promissory notes |
1.338.511,65 |
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Liabilities against related firms |
10.347.076,26 |
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Other liabilities |
299.949,97 |
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Sum liabilities |
14.121.366,76 |
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Deferred income |
983.471,84 |
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Sum deferred income |
983.471,84 |
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Liabilities |
20.273.032,77 |
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Balance sheet sum |
20.273.032,77 |
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2010-12-31 |
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Gross sales |
91.405.516,45 |
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Sum turnover or sum gross profit |
91.405.516,45 |
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Other operating profits |
5.321.546,96 |
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Other operating profits totally |
5.321.546,96 |
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Special account material costs |
-70.647.330,12 |
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Costs for obtained services totally |
-70.647.330,12 |
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Salaries |
-2.798.728,75 |
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Costs for severance pays |
-50.162,00 |
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Costs for old age pension |
-55.737,75 |
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Legal fringe benefits and other payments depending on salaries |
-486.938,17 |
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Other social fringe benefits |
-166.494,63 |
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Personnel expenses totally |
-3.558.061,30 |
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Depreciation of intangible assets, tangible assets,activated expenses
for the set up and expansion of business operation |
-82.424,27 |
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Depreciation tangible assets / intangible assets totally |
-82.424,27 |
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Different operating costs |
-14.904.878,89 |
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Other taxes |
-244.407,94 |
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Other operating costs totally |
-15.149.286,83 |
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Operating result totally |
7.289.960,89 |
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Interest income, securties income and similar income |
2.187,48 |
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Disbursements from other financial assets and from securities of
current assets (e.g. depreciations) |
-6.619.339,00 |
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Interest and similar disbursements |
-6.984,41 |
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Financial profits totally |
-6.624.135,93 |
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Results from usual business activity
totally |
665.824,96 |
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Taxes on income and profits |
-232.670,07 |
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Taxes on income and profits totally |
-232.670,07 |
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Annual surplus/annual deficit totally |
433.154,89 |
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Annual profit/annual loss totally |
433.154,89 |
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Profit and loss carried forward from previous year |
1.789.724,76 |
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Transfer of profits totally |
1.789.724,76 |
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B/S profit/ B/S loss from profit and loss
account |
2.222.879,65 |
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2010 |
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Cash flow II |
515.579,16 |
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Debt amortisation period |
25,52 |
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Bank indebtedness |
0,39 |
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Equity capital share |
15,14 |
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Social capital share |
1,98 |
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Fixed assets coverage |
1.341,72 |
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Net profit ratio |
0,72 |
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Capital turnover |
4,50 |
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Return on investment |
3,31 |
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Cash flow in % of operating performance |
0,56 |
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Cash flow I |
748.249,23 |
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Gross productivity |
25,68 |
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Net productivity |
5,83 |
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Operating performance |
91.405.516,45 |
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Inventories in % of operating performance |
1,99 |
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Gross profit |
20.758.186,33 |
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Type |
Locations |
Description |
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E-mail |
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operational |
Hietzinger Hauptstraße 145, A-1130 Wien |
registered office, rented premises |
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operational |
Hietzinger Hauptstraße 145, A-1130 Wien |
registered headquarters, rented premises |
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vienna@waters.com |
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Company name |
Postal code |
Stake in % |
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Shares in this company are held by: |
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Waters Corporation |
34 Maple Street , 01757 Milford, Massachusetts, USA |
100 % 1994-08-17 |
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Banker |
Bank sort code |
Type of banking connection |
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UniCredit Bank Austria AG, 1011 Wien |
12000 |
main bank connection |
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The Royal Bank of Scotland N.V., 1011 Wien |
19985 |
secondary banking connection |
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Erste Bank der oesterreichischen Sparkassen AG, 1011 Wien |
20111 |
secondary banking connection |
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Year of incorporation: |
1994 |
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Date of registration: |
1994-08-05 |
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Former executives: |
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From |
To |
Function |
Name |
|
|
1998-05-07 |
manager |
Richard Henry Payne |
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1998-10-22 |
manager |
Ing.Mag. Stefan Neubauer |
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2002-01-10 |
manager |
Philip Taymor |
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2003-08-15 |
2004-05-07 |
manager |
Eugene Burns |
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1998-05-07 |
2004-05-07 |
manager |
Dr. Hartmut Rabich |
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2004-05-07 |
2006-12-06 |
manager |
Richard Henry Payne |
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2002-01-10 |
2008-01-22 |
manager |
John Alden Ornell |
|
1998-10-22 |
2003-08-15 |
individual signing clerk |
Eugene Burns |
|
1998-10-22 |
2004-05-07 |
individual signing clerk |
Ing. Herbert Ottner |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.57 |
|
|
1 |
Rs.79.56 |
|
Euro |
1 |
Rs.66.49 |
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 |
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-- |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.