MIRA
INFORM REPORT
REVISED REPORT
|
Report Date : |
16.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
INDUSTEEL FRANCE |
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Registered Office : |
1, Rue Luigi Cherubini, 1 A 5 St Denis, 93200 |
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|
Country : |
France |
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|
Financials (as on) : |
31.12.2010 |
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|
Date of Incorporation : |
15.12.1984 |
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Com. Reg. No.: |
331310870 |
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Legal Form : |
Public Subsidiary |
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|
|
Line of Business : |
Manufacture of basic iron and steel and of ferro-alloys |
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|
No. of Employees : |
1,188 |
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 |
|
Maximum Credit Limit : |
EUR 10.000 Million |
|
Status : |
Good |
|
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) |
|
France |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name
|
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Employees: 1,188
Company Type: Public Subsidiary
Corporate Family: 368 Companies
Ultimate Parent: ArcelorMittal
Incorporation Date: 15-Dec-1984
Fiscal Year End: 31-Dec-2010
Reporting Currency: Euro
Annual Sales: 548.2
Total Assets: 457.4
Maximum Credit
Limit : EUR 10.000 Million
Business Description
|
Industeel France is primarily engaged in production of pig iron and
spiegeleisen in pigs, blocks or other primary forms; production of
ferro-alloys; production of semi-finished products of iron or non-alloy
steel; production of ingots, other primary forms and semi-finished products
of stainless steel or other alloy steel; production of angles, shapes and
sections of stainless steel or other alloy steel; production of bars and rods
of stainless steel or other alloy steel; production of flat-rolled products
of iron or non-alloy steel; production of angles, shapes and sections of iron
and non-alloy steel; production of bars and rods of iron and non-alloy steel;
production of sheet piling; and production of railway track materials. |
|
Industry |
|
|
Industry |
Iron and Steel |
|
ANZSIC 2006: |
2110 - Iron Smelting and Steel
Manufacturing |
|
NACE 2002: |
2710 - Manufacture of basic iron and steel
and of ferro-alloys |
|
NAICS 2002: |
331111 - Iron and Steel Mills |
|
UK SIC 2003: |
2710 - Manufacture of basic iron and steel
and of ferro-alloys |
|
US SIC 1987: |
3312 - Steel Works, Blast Furnaces
(Including Coke Ovens), and Rolling Mills |
Key Executives
|
News
|
Registered No.(FRA)
331310870
Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783
Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064
|
|
|
sales EUR(mil): |
414.0 |
|
Assets EUR(mil): |
340.9 |
|
Employees: |
1,188 |
|
Fiscal Year End: |
31-Dec-2010 |
|
|
|
|
Industry: |
Iron and Steel |
|
|
15-Dec-1984 |
|
Company Type: |
Public
Subsidiary |
|
Quoted Status: |
Not Quoted |
|
Previous Name: |
USINOR Industeel |
|
Registered No.(FRA): |
331310870 |
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|
|
|
Président Directeur Général: |
Alex Nick |
|
ANZSIC 2006 Codes: |
||
|
6240 |
- |
Financial Asset Investing |
|
2121 |
- |
Iron and Steel Casting |
|
2210 |
- |
Iron and Steel Forging |
|
2110 |
- |
Iron Smelting and Steel Manufacturing |
|
NACE 2002 Codes: |
||
|
2710 |
- |
Manufacture of basic iron and steel and of ferro-alloys |
|
2840 |
- |
Forging, pressing, stamping and roll forming of metal; powder
metallurgy |
|
7415 |
- |
Management activities of holding companies |
|
2752 |
- |
Casting of steel |
|
NAICS 2002 Codes: |
||
|
551112 |
- |
Offices of Other Holding Companies |
|
331513 |
- |
Steel Foundries (except Investment) |
|
332111 |
- |
Iron and Steel Forging |
|
331111 |
- |
Iron and Steel Mills |
|
US SIC 1987: |
||
|
6719 |
- |
Offices of Holding Companies, Not Elsewhere Classified |
|
3325 |
- |
Steel Foundries, Not Elsewhere Classified |
|
3462 |
- |
Iron and Steel Forgings |
|
3312 |
- |
Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills |
|
UK SIC 2003: |
||
|
2710 |
- |
Manufacture of basic iron and steel and of ferro-alloys |
|
2840 |
- |
Forging, pressing, stamping and roll forming of metal; powder
metallurgy |
|
7415 |
- |
Management activities of holding companies |
|
2752 |
- |
Casting of steel |
|
Holding company with interests in the manufacture of carbon steel,
alloy and stainless steel plates |
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Corporate Structure News
|
Industeel France |
|
|
|
|
|
|
|
|
Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Parent |
Luxembourg |
Luxembourg |
Iron and Steel |
93,973.0 |
261,000 |
|
|
|
Joint venture with Consolidated Wire Industries (Pty) Ltd. |
|||||||
|
Subsidiary |
Krivoy Rog, Dnepropetrovskaya Oblast |
Ukraine |
Iron and Steel |
2,954.3 |
40,050 |
|
|
|
Subsidiary |
Kryvyi Rih |
Ukraine |
Metal Mining |
2,954.3 |
36,647 |
|
|
|
Subsidiary |
Temirtau, Karaganda Region |
Kazakhstan |
Iron and Steel |
|
28,600 |
|
|
|
Subsidiary |
AC Rotterdam |
Netherlands |
Iron and Steel |
28,100.0 |
22,400 |
|
|
|
Subsidiary |
Dabrowa Górnicza |
Poland |
Iron and Steel |
3,984.5 |
12,226 |
|
|
|
Subsidiary |
Galati |
Romania |
Construction Services |
6,272.0 |
5,000 |
|
|
|
Subsidiary |
Revigny Sur Ornain |
France |
Iron and Steel |
|
120 |
|
|
|
Subsidiary |
Galati |
Romania |
Iron and Steel |
|
9,255 |
|
|
|
Subsidiary |
Ostrava |
Czech Republic |
Iron and Steel |
1,352.8 |
8,718 |
|
|
|
Subsidiary |
Frýdek-MÃstek |
Czech Republic |
Construction - Supplies and Fixtures |
137.2 |
692 |
|
|
|
Subsidiary |
Karviná |
Czech Republic |
Construction - Supplies and Fixtures |
72.7 |
469 |
|
|
|
Subsidiary |
Madrid |
Spain |
Iron and Steel |
3,128.8 |
6,977 |
|
|
|
Subsidiary |
Lesaka, Navarra |
Spain |
Construction - Supplies and Fixtures |
212.1 |
429 |
|
|
|
Subsidiary |
Salvatierra O Agurain, Alava |
Spain |
Metal Mining |
3.1 |
63 |
|
|
|
Subsidiary |
Madrid |
Spain |
Miscellaneous Capital Goods |
19.2 |
125 |
|
|
|
Subsidiary |
Azpeitia, Guipuzcoa |
Spain |
Iron and Steel |
62.2 |
71 |
|
|
|
Acquisition by Companhia Siderurgica Nacional
proposed/announced.See corporate structure news on ArcelorMittal for
details |
|||||||
|
Subsidiary |
Mieres, Asturias |
Spain |
Miscellaneous Fabricated Products |
2.6 |
70 |
|
|
|
Subsidiary |
Renteria, Guipuzcoa |
Spain |
Water Transportation |
17.0 |
69 |
|
|
|
Subsidiary |
Gijon, Asturias |
Spain |
Miscellaneous Transportation |
9.3 |
9 |
|
|
|
Subsidiary |
Vitoria-Gasteiz, Alava |
Spain |
Construction - Supplies and Fixtures |
18.8 |
66 |
|
|
|
Subsidiary |
Llanera, Asturias |
Spain |
Engineering Consultants |
3.6 |
16 |
|
|
|
Subsidiary |
Zumarraga, Guipuzcoa |
Spain |
Retail (Department and Discount) |
205.6 |
|
|
|
|
Subsidiary |
Burns Harbor, IN |
United States |
Construction - Supplies and Fixtures |
1,656.0 |
6,000 |
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Capital Goods |
3,101.0 |
5,500 |
|
|
|
Subsidiary |
St Denis |
France |
Iron and Steel |
1,428.8 |
1,757 |
|
|
|
Subsidiary |
Isbergues |
France |
Miscellaneous Capital Goods |
172.2 |
149 |
|
|
|
Subsidiary |
St Denis |
France |
Construction and Agriculture Machinery |
11.7 |
|
|
|
|
Subsidiary |
Ancerville |
France |
Construction - Supplies and Fixtures |
117.5 |
224 |
|
|
|
Subsidiary |
Annecy |
France |
Miscellaneous Capital Goods |
20.0 |
24 |
|
|
|
Subsidiary |
Viladecans, Barcelona |
Spain |
Miscellaneous Capital Goods |
128.1 |
75 |
|
|
|
Subsidiary |
Rodange |
Luxembourg |
Iron and Steel |
|
55 |
|
|
|
Subsidiary |
Genk |
Belgium |
Iron and Steel |
625.0 |
|
|
|
|
Subsidiary |
Belo Horizonte, MG |
Brazil |
Iron and Steel |
1,050.6 |
3,771 |
|
|
|
Subsidiary |
Belo Horizonte, MG |
Brazil |
Forestry and Wood Products |
|
|
|
|
|
Subsidiary |
Zenica |
Bosnia and Herzegovina |
Iron and Steel |
279.3 |
3,386 |
|
|
|
Subsidiary |
Bremen |
Germany |
Iron and Steel |
2,291.7 |
2,700 |
|
|
|
Subsidiary |
Bremen, Bremen |
Germany |
Business Services |
48.7 |
412 |
|
|
|
Subsidiary |
Contrecoeur, QC |
Canada |
|
1,481.5 |
1,665 |
|
|
|
Subsidiary |
Saint Denis |
France |
Containers and Packaging |
1,149.9 |
1,450 |
|
|
|
Subsidiary |
St Denis |
France |
Iron and Steel |
548.2 |
1,188 |
|
|
|
Subsidiary |
Marchienne-Au-Pont |
Belgium |
Iron and Steel |
500.9 |
802 |
|
|
|
Subsidiary |
Seraing |
Belgium |
Construction - Supplies and Fixtures |
29.0 |
116 |
|
|
|
Subsidiary |
Marchienne-Au-Pont |
Belgium |
Iron and Steel |
20.8 |
116 |
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Miscellaneous Capital Goods |
1.7 |
11 |
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Fabricated Products |
5.2 |
|
|
|
|
Subsidiary |
Le Creusot |
France |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Rive de Gier |
France |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Danderyd |
Sweden |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Mechelen |
Belgium |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Grevenbroich |
Germany |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Sant Cugat Valles |
Spain |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Warsaw |
Poland |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Roman |
|
Construction - Supplies and Fixtures |
158.5 |
1,173 |
|
|
|
Subsidiary |
Olaberria, Gipuzkoa |
Spain |
Construction - Supplies and Fixtures |
886.0 |
1,085 |
|
|
|
Subsidiary |
Basauri, Vizcaya |
Spain |
Miscellaneous Capital Goods |
450.0 |
1,060 |
|
|
|
Subsidiary |
Gandrange |
France |
Construction - Supplies and Fixtures |
327.7 |
1,031 |
|
|
|
Subsidiary |
Bourg En Bresse |
France |
Construction - Supplies and Fixtures |
197.7 |
676 |
|
|
|
Subsidiary |
Mimet |
France |
Construction and Agriculture Machinery |
27.9 |
74 |
|
|
|
Subsidiary |
Fontaine-L'eveque |
Belgium |
Construction - Supplies and Fixtures |
29.0 |
70 |
|
|
|
Subsidiary |
Bourg En Bresse |
France |
Construction - Supplies and Fixtures |
8.8 |
34 |
|
|
|
Subsidiary |
Bourg En Bresse |
France |
Miscellaneous Capital Goods |
0.9 |
7 |
|
|
|
Subsidiary |
Couvas |
Trinidad and Tobago |
Iron and Steel |
|
975 |
|
|
|
Subsidiary |
Casablanca |
Morocco |
Iron and Steel |
485.3 |
901 |
|
|
|
Subsidiary |
Surabaya |
Indonesia |
Construction - Supplies and Fixtures |
400.0 |
810 |
|
|
|
Subsidiary |
Surabaya |
Indonesia |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Gresik |
Indonesia |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Halle (Westf.), Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
1.0 |
800 |
|
|
|
Subsidiary |
Duisburg, Nordrhein-Westfalen |
Germany |
Iron and Steel |
831.8 |
750 |
|
|
|
Subsidiary |
Duisburg, Nordrhein-Westfalen |
Germany |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
705.6 |
750 |
|
|
|
Subsidiary |
Ratingen, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
|
756 |
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Real Estate Operations |
|
104 |
|
|
|
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
|
100 |
|
|
|
Subsidiary |
Saalfeld/Saale, Thüringen |
Germany |
Engineering Consultants |
|
15 |
|
|
|
Subsidiary |
Köln |
Germany |
Miscellaneous Fabricated Products |
0.6 |
9 |
|
|
|
Subsidiary |
Hunedoara |
Romania |
Iron and Steel |
|
685 |
|
|
|
Subsidiary |
Piombino, LI |
Italy |
Iron and Steel |
566.7 |
680 |
|
|
|
Subsidiary |
St Denis |
France |
Iron and Steel |
513.3 |
658 |
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Capital Goods |
27.2 |
105 |
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Capital Goods |
19.5 |
23 |
|
|
|
Subsidiary |
Erkrath, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
|
10 |
|
|
|
Joint Venture |
Gemlik, Bursa |
Turkey |
Miscellaneous Capital Goods |
|
630 |
|
|
|
Subsidiary |
Hamburg |
Germany |
Iron and Steel |
643.0 |
620 |
|
|
|
Subsidiary |
Rodange |
Luxembourg |
Miscellaneous Fabricated Products |
538.8 |
596 |
|
|
|
Subsidiary |
St Denis |
France |
Biotechnology and Drugs |
115.4 |
582 |
|
|
|
Subsidiary |
Warszawa |
Poland |
Iron and Steel |
307.2 |
560 |
|
|
|
Subsidiary |
Skopje |
Macedonia |
Iron and Steel |
95.0 |
553 |
|
|
|
Subsidiary |
Hamilton, ON |
Canada |
Iron and Steel |
426.1 |
543 |
|
|
|
Subsidiary |
Iasi |
Romania |
Construction - Supplies and Fixtures |
|
522 |
|
|
|
Subsidiary |
Sestao, Vizcaya |
Spain |
Iron and Steel |
880.7 |
518 |
|
|
|
Subsidiary |
St Denis |
France |
Iron and Steel |
208.6 |
514 |
|
|
|
Subsidiary |
La Plaine St Denis |
France |
Iron and Steel |
5,877.0 |
8,157 |
|
|
|
Subsidiary |
St Denis |
France |
Iron and Steel |
2,104.2 |
2,651 |
|
|
|
Subsidiary |
Fos Sur Mer |
France |
Miscellaneous Transportation |
13.6 |
74 |
|
|
|
Subsidiary |
St Denis |
France |
Commercial Banks |
94.4 |
374 |
|
|
|
Subsidiary |
Hayange |
France |
Iron and Steel |
|
374 |
|
|
|
Subsidiary |
St Denis |
France |
Appliance and Tool |
70.0 |
258 |
|
|
|
Subsidiary |
Revigny Sur Ornain |
France |
Construction - Supplies and Fixtures |
42.9 |
149 |
|
|
|
Subsidiary |
St Brice Courcelles |
France |
Commercial Banks |
81.0 |
74 |
|
|
|
Subsidiary |
Reims |
France |
Miscellaneous Capital Goods |
737.1 |
1,139 |
|
|
|
Subsidiary |
Hericourt |
France |
Commercial Banks |
|
222 |
|
|
|
Subsidiary |
Reims |
France |
Miscellaneous Capital Goods |
273.7 |
207 |
|
|
|
Subsidiary |
Reims |
France |
Miscellaneous Capital Goods |
19.3 |
68 |
|
|
|
Subsidiary |
Reims |
France |
Miscellaneous Capital Goods |
9.8 |
149 |
|
|
|
Subsidiary |
Herbault |
France |
Miscellaneous Fabricated Products |
5.4 |
39 |
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Financial Services |
4.9 |
74 |
|
|
|
Subsidiary |
Manois |
France |
Construction - Supplies and Fixtures |
25.9 |
66 |
|
|
|
Subsidiary |
Florange |
France |
Miscellaneous Transportation |
53.2 |
62 |
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Financial Services |
140.6 |
55 |
|
|
|
Subsidiary |
Hayange |
France |
Business Services |
7.1 |
40 |
|
|
|
Subsidiary |
La Plaine St-Denis |
France |
Miscellaneous Capital Goods |
1,043.0 |
|
|
|
|
Subsidiary |
Reims Cedex |
France |
Fabricated Plastic and Rubber |
376.6 |
|
|
|
|
Subsidiary |
Saint Ouen L'Aumone |
France |
Metal Mining |
175.0 |
|
|
|
|
Subsidiary |
Contrisson |
France |
Iron and Steel |
597.9 |
1,000 |
|
|
|
Subsidiary |
St Jorioz |
France |
Miscellaneous Capital Goods |
77.7 |
197 |
|
|
|
Subsidiary |
Pontével |
Portugal |
Metal Mining |
26.6 |
47 |
|
|
|
Subsidiary |
Tiel, Gelderland |
Netherlands |
Construction Services |
|
7 |
|
|
|
Subsidiary |
St Denis |
France |
Iron and Steel |
144.7 |
|
|
|
|
Subsidiary |
Ancerville |
France |
Miscellaneous Fabricated Products |
75.0 |
|
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Capital Goods |
56.1 |
|
|
|
|
Subsidiary |
Haironville |
France |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
St Denis |
France |
Commercial Banks |
|
|
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Financial Services |
|
|
|
|
|
Subsidiary |
Rombas |
France |
Computer Services |
3.2 |
74 |
|
|
|
Subsidiary |
Hayange |
France |
Commercial Banks |
|
|
|
|
|
Joint Venture |
Ghent, KY |
United States |
Iron and Steel |
271.8 |
450 |
|
|
|
Joint venture with Gerdau Long Steel North America. |
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|
Subsidiary |
St Dizier |
France |
Construction - Supplies and Fixtures |
41.6 |
409 |
|
|
|
Subsidiary |
Madrid |
Spain |
Iron and Steel |
226.1 |
397 |
|
|
|
Subsidiary |
Madrid |
Spain |
Waste Management Services |
15.7 |
10 |
|
|
|
Subsidiary |
La Place, LA |
United States |
Iron and Steel |
271.5 |
380 |
|
|
|
Division |
Harriman, TN |
United States |
Iron and Steel |
45.3 |
75 |
|
|
|
Division |
La Place, LA |
United States |
Waste Management Services |
|
20 |
|
|
|
Subsidiary |
Basauri, Vizcaya |
Spain |
Miscellaneous Capital Goods |
194.8 |
370 |
|
|
|
Subsidiary |
Aramaio, Alava |
Spain |
Personal Services |
13.2 |
26 |
|
|
|
Subsidiary |
San Cibrao Das Viñas, Orense |
Spain |
Miscellaneous Capital Goods |
12.8 |
19 |
|
|
|
Subsidiary |
Basauri, Vizcaya |
Spain |
Miscellaneous Capital Goods |
10.7 |
9 |
|
|
|
Subsidiary |
St Denis |
France |
Construction - Supplies and Fixtures |
98.5 |
307 |
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Iron and Steel |
270.4 |
215 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Iron and Steel |
|
100 |
|
|
|
Subsidiary |
40699 |
Germany |
Business Services |
|
|
|
|
|
Subsidiary |
Goteborg |
Sweden |
Business Services |
|
|
|
|
|
Subsidiary |
Prague |
Czech Republic |
Business Services |
|
|
|
|
|
Subsidiary |
Amilly |
France |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Istanbul |
Turkey |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Bruyeres Sur Oise |
France |
Construction - Supplies and Fixtures |
542.8 |
305 |
|
|
|
Subsidiary |
Chicago, IL |
United States |
Iron and Steel |
2,303.4 |
300 |
|
|
|
Branch |
Coatesville, PA |
United States |
Iron and Steel |
604.0 |
1,000 |
|
|
|
Branch |
Steelton, PA |
United States |
Iron and Steel |
422.8 |
700 |
|
|
|
Branch |
Shelby, OH |
United States |
Iron and Steel |
180.0 |
700 |
|
|
|
Branch |
New Carlisle, IN |
United States |
Construction - Supplies and Fixtures |
138.0 |
500 |
|
|
|
Branch |
East Chicago, IN |
United States |
Business Services |
23.5 |
480 |
|
|
|
Branch |
Vinton, TX |
United States |
Iron and Steel |
76.0 |
450 |
|
|
|
Branch |
Conshohocken, PA |
United States |
Iron and Steel |
122.2 |
420 |
|
|
|
Branch |
Virginia, MN |
United States |
Containers and Packaging |
51.8 |
341 |
|
|
|
Branch |
Virginia, MN |
United States |
Construction Services |
60.0 |
300 |
|
|
|
Branch |
White Hall, AR |
United States |
Iron and Steel |
44.6 |
275 |
|
|
|
Branch |
Riverdale, IL |
United States |
Iron and Steel |
151.0 |
250 |
|
|
|
Branch |
Warren, OH |
United States |
Iron and Steel |
120.8 |
200 |
|
|
|
Branch |
Ferndale, MI |
United States |
Miscellaneous Fabricated Products |
26.9 |
125 |
|
|
|
Subsidiary |
Chicago, IL |
United States |
Miscellaneous Fabricated Products |
24.0 |
120 |
|
|
|
Branch |
Southfield, MI |
United States |
Iron and Steel |
30.2 |
50 |
|
|
|
Branch |
Pittsburgh, PA |
United States |
Iron and Steel |
13.3 |
30 |
|
|
|
Division |
Shelby, OH |
United States |
Miscellaneous Fabricated Products |
171.4 |
700 |
|
|
|
Division |
Pittsburgh, PA |
United States |
Miscellaneous Fabricated Products |
|
148 |
|
|
|
Branch |
Buffalo, NY |
United States |
Iron and Steel |
15.1 |
25 |
|
|
|
Branch |
Chicago, IL |
United States |
Iron and Steel |
15.1 |
25 |
|
|
|
Subsidiary |
Steelton, PA |
United States |
Railroads |
|
14 |
|
|
|
Subsidiary |
Columbus, OH |
United States |
Jewelry and Silverware |
2.5 |
|
|
|
|
Subsidiary |
Montevideo |
Uruguay |
Metal Mining |
40.0 |
300 |
|
|
|
Subsidiary |
Dudelange |
Luxembourg |
Miscellaneous Fabricated Products |
|
300 |
|
|
|
Subsidiary |
Zaragoza |
Spain |
Miscellaneous Capital Goods |
303.4 |
283 |
|
|
|
Subsidiary |
Bremen, Bremen |
Germany |
Miscellaneous Capital Goods |
187.9 |
250 |
|
|
|
Subsidiary |
Ried im Innkreis |
Austria |
Miscellaneous Capital Goods |
159.7 |
235 |
|
|
|
Subsidiary |
Yutz |
France |
Miscellaneous Capital Goods |
200.9 |
224 |
|
|
|
Subsidiary |
Yutz |
France |
Miscellaneous Capital Goods |
121.7 |
224 |
|
|
|
Subsidiary |
Galati |
Romania |
Miscellaneous Transportation |
|
216 |
|
|
|
Subsidiary |
Longueuil, QC |
Canada |
Iron and Steel |
153.1 |
200 |
|
|
|
Subsidiary |
Lázaro Cárdenas, Michoacán |
Mexico |
Iron and Steel |
150.0 |
200 |
|
|
|
Subsidiary |
Bergara, Guipúzcoa |
Spain |
Iron and Steel |
75.0 |
200 |
|
|
|
Subsidiary |
Kowloon, Kowloon |
Hong Kong |
Miscellaneous Capital Goods |
68.0 |
200 |
|
|
|
Subsidiary |
Köln |
Germany |
Miscellaneous Capital Goods |
360.9 |
183 |
|
|
|
Subsidiary |
Geel |
Belgium |
Construction - Supplies and Fixtures |
224.9 |
143 |
|
|
|
Subsidiary |
Geel |
Belgium |
Construction - Supplies and Fixtures |
104.5 |
133 |
|
|
|
Subsidiary |
Wavre |
Belgium |
Retail (Drugs) |
10.0 |
46 |
|
|
|
Subsidiary |
Geel |
Belgium |
Retail (Home Improvement) |
0.9 |
|
|
|
|
Subsidiary |
Schoten |
Belgium |
Miscellaneous Capital Goods |
104.7 |
132 |
|
|
|
Subsidiary |
Liege |
Belgium |
Iron and Steel |
96.5 |
125 |
|
|
|
Subsidiary |
Bremen, Bremen |
Germany |
Miscellaneous Fabricated Products |
62.3 |
119 |
|
|
|
Subsidiary |
Berrioplano, Navarra |
Spain |
Construction - Supplies and Fixtures |
35.1 |
108 |
|
|
|
Subsidiary |
Langreo, Asturias |
Spain |
Iron and Steel |
28.2 |
33 |
|
|
|
Subsidiary |
Richfield, OH |
United States |
Iron and Steel |
60.4 |
100 |
|
|
|
Subsidiary |
Weirton, WV |
United States |
Jewelry and Silverware |
424.0 |
2,000 |
|
|
|
Subsidiary |
Hibbing, MN |
United States |
Non-Metallic Mining |
|
1,100 |
|
|
|
Subsidiary |
Georgetown, SC |
United States |
Miscellaneous Fabricated Products |
|
630 |
|
|
|
Subsidiary |
Hagetmau |
France |
Iron and Steel |
40.0 |
100 |
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Miscellaneous Capital Goods |
34.0 |
100 |
|
|
|
Subsidiary |
Mezzanina A, Caracas |
Venezuela |
Iron and Steel |
32.0 |
100 |
|
|
|
Subsidiary |
Swietochlowice |
Poland |
Miscellaneous Capital Goods |
31.0 |
100 |
|
|
|
Subsidiary |
Gebze, Kocaeli |
Turkey |
Miscellaneous Capital Goods |
27.0 |
100 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
539.9 |
91 |
|
|
|
Subsidiary |
Liège |
Belgium |
Iron and Steel |
23.8 |
90 |
|
|
|
Subsidiary |
Antwerp |
Belgium |
Trucking |
|
90 |
|
|
|
Subsidiary |
Bazeilles |
France |
Construction - Supplies and Fixtures |
38.7 |
77 |
|
|
|
Subsidiary |
Hasselt |
Belgium |
Construction - Supplies and Fixtures |
|
75 |
|
|
|
Subsidiary |
Scunthorpe |
United Kingdom |
Miscellaneous Capital Goods |
65.5 |
71 |
|
|
|
Subsidiary |
Skopje |
Macedonia |
Iron and Steel |
14.3 |
52 |
|
|
|
Subsidiary |
Luxembourg |
Luxembourg |
Miscellaneous Capital Goods |
|
50 |
|
|
|
Subsidiary |
Geel |
Belgium |
Miscellaneous Capital Goods |
31.0 |
48 |
|
|
|
Subsidiary |
Madrid |
Spain |
Miscellaneous Capital Goods |
379.9 |
41 |
|
|
|
Subsidiary |
Chatham |
United Kingdom |
Miscellaneous Fabricated Products |
45.6 |
41 |
|
|
|
Subsidiary |
Chatham |
United Kingdom |
Miscellaneous Transportation |
3.2 |
7 |
|
|
|
Subsidiary |
Halesowen |
United Kingdom |
Iron and Steel |
57.1 |
36 |
|
|
|
Subsidiary |
Köln |
Germany |
Miscellaneous Capital Goods |
37.5 |
35 |
|
|
|
Subsidiary |
Ottawa, ON |
Canada |
Waste Management Services |
24.3 |
35 |
|
|
|
Subsidiary |
Hayange |
France |
Iron and Steel |
0.0 |
34 |
|
|
|
Subsidiary |
Bluefield, WV |
United States |
Coal |
15.7 |
32 |
|
|
|
Division |
Anawalt, WV |
United States |
Coal |
3.4 |
7 |
|
|
|
Subsidiary |
Birmingham, AL |
United States |
Advertising |
6.8 |
30 |
|
|
|
Branch |
Westerville, OH |
United States |
Miscellaneous Capital Goods |
10.3 |
9 |
|
|
|
Branch |
Masury, OH |
United States |
Miscellaneous Capital Goods |
9.1 |
8 |
|
|
|
Subsidiary |
Edmonton, AB |
Canada |
Construction - Supplies and Fixtures |
0.7 |
2 |
|
|
|
Branch |
Adrian, MI |
United States |
Construction Services |
0.4 |
2 |
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Transportation |
85.4 |
27 |
|
|
|
Subsidiary |
Toronto, ON |
Canada |
Metal Mining |
0.4 |
24 |
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Miscellaneous Transportation |
45.6 |
18 |
|
|
|
Subsidiary |
Freiburg Im Breisgau, Baden-Württemberg |
Germany |
Food Processing |
|
15 |
|
|
|
Subsidiary |
Antwerpen |
Belgium |
Miscellaneous Capital Goods |
0.0 |
14 |
|
|
|
Subsidiary |
Duisburg, Nordrhein-Westfalen |
Germany |
Business Services |
512.5 |
4 |
|
|
|
Subsidiary |
Rotterdam, Zuid-Holland |
Netherlands |
Miscellaneous Financial Services |
|
3 |
|
|
|
Subsidiary |
Marshalltown |
South Africa |
Iron and Steel |
4,336.2 |
8,823 |
|
|
|
Subsidiary |
Belo Horizonte, MG |
Brazil |
Iron and Steel |
9,636.3 |
|
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Iron and Steel |
778.6 |
330,000 |
|
|
|
Subsidiary |
Belo Horizonte, MG |
Brazil |
Iron and Steel |
|
4,500 |
|
|
|
Subsidiary |
Contagem, MG |
Brazil |
Miscellaneous Fabricated Products |
587.8 |
2,125 |
|
|
|
Subsidiary |
Osasco, Sao Paulo |
Brazil |
Iron and Steel |
592.2 |
2,000 |
|
|
|
Subsidiary |
Caracas |
Venezuela |
Construction - Supplies and Fixtures |
75.0 |
1,300 |
|
|
|
Subsidiary |
Feira de Santana, BA |
Brazil |
Miscellaneous Fabricated Products |
592.2 |
470 |
|
|
|
Subsidiary |
Belo Horizonte, MG |
Brazil |
Computer Services |
|
290 |
|
|
|
Subsidiary |
Serra, ES |
Brazil |
Iron and Steel |
614.9 |
2 |
|
|
|
Subsidiary |
Bremen |
Germany |
Iron and Steel |
1,750.0 |
|
|
|
|
Subsidiary |
México |
Mexico |
Iron and Steel |
625.0 |
|
|
|
|
Subsidiary |
Rotterdam |
Netherlands |
Miscellaneous Capital Goods |
450.0 |
|
|
|
|
Subsidiary |
Ciudad Lázaro Cárdenas |
Mexico |
Iron and Steel |
350.0 |
|
|
|
|
Subsidiary |
Hamburg |
Germany |
Iron and Steel |
350.0 |
|
|
|
|
Subsidiary |
Puerto de Sagunto |
Spain |
Miscellaneous Fabricated Products |
175.0 |
|
|
|
|
Subsidiary |
Wiltz |
Luxembourg |
Metal Mining |
75.0 |
|
|
|
|
Subsidiary |
Wiltz |
Luxembourg |
Miscellaneous Fabricated Products |
1.0 |
|
|
|
|
Subsidiary |
Zhangjiagang |
China |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Wiltz |
Luxembourg |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Weidingen |
Luxembourg |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
St Denis |
France |
Metal Mining |
12.9 |
|
|
|
|
Subsidiary |
Weihai, Shan Dong |
China |
Construction - Supplies and Fixtures |
0.0 |
|
|
|
|
Subsidiary |
Belo Horizonte |
Brazil |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Kraków |
Poland |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Luxembourg |
Luxembourg |
Consumer Financial Services |
|
|
|
|
|
Subsidiary |
Ciudad Lázaro Cárdenas, Michoacán |
Mexico |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Kebayoran Baru, Jakarta Selatan |
Indonesia |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Construction Services |
|
|
|
|
|
Subsidiary |
Olkusz |
Poland |
Construction Services |
|
|
|
|
|
Subsidiary |
Bytom |
Poland |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Zelzate |
Belgium |
Biotechnology and Drugs |
|
|
|
|
|
Subsidiary |
São Francisco do Sul |
Brazil |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Africa Highway, Tehran |
Iran |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Craighall |
South Africa |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Rotterdam |
Netherlands |
Trucking |
|
|
|
|
|
Subsidiary |
Osasco, SP |
Brazil |
Construction - Supplies and Fixtures |
|
|
|
|
|
Subsidiary |
St Denis |
France |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
New Delhi |
India |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Levent, Istanbul |
Turkey |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Magallanes Village, Makati , Metro Manila |
Philippines |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Ratingen |
Germany |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Coslada |
Spain |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Dabrowa Górnicza |
Poland |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Starachowice |
Poland |
Construction Services |
|
|
|
|
|
Subsidiary |
Rawa Mazowiecka |
Poland |
Construction Services |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Construction Services |
|
|
|
|
|
Subsidiary |
Skopje |
Macedonia |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Flemalle |
Belgium |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Lesaka |
Spain |
Iron and Steel |
|
|
|
|
|
Subsidiary |
Minas Gerais, Minas Gerais |
Brazil |
Metal Mining |
|
|
|
|
|
Noble International Ltd |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Troy, MI |
United States |
Business Services |
|
650 |
|
|
|
Subsidiary |
Butler, IN |
United States |
Auto and Truck Parts |
24.9 |
80 |
|
|
|
Arcelormittal |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Vitória, ES |
Brazil |
Miscellaneous Capital Goods |
1,038.9 |
16,974 |
|
|
|
Subsidiary |
Hamilton, ON |
Canada |
Iron and Steel |
4,428.6 |
7,350 |
|
|
|
Subsidiary |
Port-Cartier, QC |
Canada |
Non-Metallic Mining |
|
1,500 |
|
|
|
Subsidiary |
Port-Cartier, QC |
Canada |
Metal Mining |
766.0 |
1,200 |
|
|
|
Branch |
Woodstock, ON |
Canada |
Iron and Steel |
340.9 |
450 |
|
|
|
Subsidiary |
Contrecoeur, QC |
Canada |
Iron and Steel |
|
400 |
|
|
|
Subsidiary |
Brampton, ON |
Canada |
Electronic Instruments and Controls |
119.2 |
80 |
|
|
|
Subsidiary |
Marion, OH |
United States |
Iron and Steel |
66.6 |
150 |
|
|
|
Branch |
London, ON |
Canada |
Auto and Truck Parts |
21.9 |
45 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Iron and Steel |
5,107.3 |
6,959 |
|
|
|
Subsidiary |
Gent |
Belgium |
Miscellaneous Capital Goods |
49.6 |
248 |
|
|
|
Subsidiary |
Genk |
Belgium |
Miscellaneous Fabricated Products |
45.2 |
146 |
|
|
|
Subsidiary |
Liege |
Belgium |
Engineering Consultants |
26.2 |
96 |
|
|
|
Subsidiary |
Geel |
Belgium |
Miscellaneous Fabricated Products |
26.8 |
77 |
|
|
|
Subsidiary |
Liege |
Belgium |
Iron and Steel |
39.2 |
64 |
|
|
|
Subsidiary |
Antwerpen |
Belgium |
Miscellaneous Transportation |
251.7 |
62 |
|
|
|
Subsidiary |
Deurne |
Belgium |
Healthcare Facilities |
0.0 |
53 |
|
|
|
Subsidiary |
Asper |
Belgium |
Electronic Instruments and Controls |
7.6 |
43 |
|
|
|
Subsidiary |
Antwerpen |
Belgium |
Real Estate Operations |
2.8 |
21 |
|
|
|
Subsidiary |
Liege |
Belgium |
Miscellaneous Fabricated Products |
1.7 |
8 |
|
|
|
Subsidiary |
Lokeren |
Belgium |
Software and Programming |
0.0 |
6 |
|
|
|
Subsidiary |
Wevelgem |
Belgium |
Real Estate Operations |
2.9 |
5 |
|
|
|
Subsidiary |
Ougree |
Belgium |
Schools |
2.3 |
4 |
|
|
|
Subsidiary |
Liege |
Belgium |
Miscellaneous Capital Goods |
30.6 |
|
|
|
|
Subsidiary |
Ougree |
Belgium |
Miscellaneous Capital Goods |
0.0 |
|
|
|
|
Subsidiary |
Antwerpen |
Belgium |
Miscellaneous Capital Goods |
0.0 |
|
|
|
|
Subsidiary |
Eisenhüttenstadt |
Germany |
Iron and Steel |
1,462.3 |
2,630 |
|
|
|
Subsidiary |
Eisenhüttenstadt, Brandenburg |
Germany |
Waste Management Services |
152.5 |
110 |
|
|
|
ArcelorMittal Auto Processing Deutschland
Eisenhüttenstadt GmbH |
Subsidiary |
Eisenhüttenstadt, Brandenburg |
Germany |
Miscellaneous Fabricated Products |
119.1 |
70 |
|
|
QualifizierungsCentrum der Wirtschaft GmbH
Eisenhüttenstadt |
Subsidiary |
Eisenhüttenstadt, Brandenburg |
Germany |
Schools |
|
50 |
|
|
Subsidiary |
Eisenhüttenstadt, Brandenburg |
Germany |
Miscellaneous Capital Goods |
39.8 |
44 |
|
|
|
ArcelorMittal Eisenhüttenstadt Forschungs- und
Qualitätszentrum GmbH |
Subsidiary |
Eisenhüttenstadt, Brandenburg |
Germany |
Biotechnology and Drugs |
|
30 |
|
|
Subsidiary |
Eisenhüttenstadt |
Germany |
Railroads |
1.0 |
|
|
|
|
Subsidiary |
Flemalle-Haute |
Belgium |
Iron and Steel |
1,094.4 |
1,368 |
|
|
|
Subsidiary |
St Jeannet |
France |
Miscellaneous Capital Goods |
3,750.0 |
300 |
|
|
|
Subsidiary |
Poitiers |
France |
Miscellaneous Capital Goods |
40.0 |
40 |
|
|
|
Subsidiary |
Flemalle |
Belgium |
Miscellaneous Fabricated Products |
53.1 |
72 |
|
|
|
Subsidiary |
Reims |
France |
Miscellaneous Capital Goods |
157.7 |
70 |
|
|
|
Subsidiary |
Lier |
Belgium |
Retail (Grocery) |
12.7 |
66 |
|
|
|
Subsidiary |
Zoersel |
Belgium |
Construction - Raw Materials |
63.1 |
52 |
|
|
|
Subsidiary |
Antwerpen |
Belgium |
Personal Services |
10.1 |
22 |
|
|
|
Subsidiary |
Gent |
Belgium |
Software and Programming |
1.9 |
20 |
|
|
|
Subsidiary |
Gent |
Belgium |
Retail (Specialty) |
2.2 |
24 |
|
|
|
Subsidiary |
Blegny |
Belgium |
Retail (Apparel) |
1.5 |
14 |
|
|
|
Subsidiary |
Herenthout |
Belgium |
Business Services |
1.6 |
7 |
|
|
|
Subsidiary |
Herenthout |
Belgium |
Retail (Grocery) |
6.4 |
16 |
|
|
|
Subsidiary |
Thimister |
Belgium |
Construction Services |
0.0 |
15 |
|
|
|
Subsidiary |
Herenthout |
Belgium |
Retail (Grocery) |
9.1 |
11 |
|
|
|
Subsidiary |
Berbroek |
Belgium |
Construction - Raw Materials |
0.3 |
|
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Construction - Raw Materials |
0.0 |
6 |
|
|
|
Subsidiary |
Hoegaarden |
Belgium |
Fish and Livestock |
0.0 |
5 |
|
|
|
Subsidiary |
Zwijndrecht |
Belgium |
Miscellaneous Transportation |
0.0 |
1 |
|
|
|
Subsidiary |
Wetteren |
Belgium |
Engineering Consultants |
0.0 |
|
|
|
|
Subsidiary |
Salvatierra O Agurain, Alava |
Spain |
Miscellaneous Fabricated Products |
11.6 |
76 |
|
|
|
Subsidiary |
Hernani, Guipuzcoa |
Spain |
Miscellaneous Capital Goods |
52.9 |
52 |
|
|
|
Subsidiary |
Alcala De Guadaira, Sevilla |
Spain |
Miscellaneous Capital Goods |
124.5 |
49 |
|
|
|
Subsidiary |
Murcia |
Spain |
Miscellaneous Capital Goods |
28.4 |
17 |
|
|
|
Subsidiary |
Vitoria-Gasteiz, Alava |
Spain |
Metal Mining |
10.1 |
6 |
|
|
|
Annual Profit & Loss
|
|
|||
|
|
||||
|
|
||||
|
|
||||
|
|
31-Dec-2010 |
|
Period Length |
12 Months |
|
Filed Currency |
EUR |
|
Exchange Rate
(Period Average) |
0.755078 |
|
Consolidated |
No |
|
|
|
|
Total income |
615.6 |
|
Net sales |
548.2 |
|
Unfinished work in progress |
36.2 |
|
Own work capitalised |
0.2 |
|
Subsidies for operating costs |
0.3 |
|
Supplementary operating income |
30.5 |
|
Other operating income |
0.3 |
|
Other external charges |
170.9 |
|
Cost of goods sold |
250.9 |
|
Taxes and social security costs |
7.1 |
|
Social charges |
26.7 |
|
Total payroll costs |
58.8 |
|
Cost of stock depreciation and amortisation |
30.6 |
|
Fixed asset depreciation and amortisation |
15.8 |
|
Other operating costs |
4.5 |
|
Total operating costs |
559.2 |
|
Net operating income |
56.4 |
|
Joint venture results |
0.0 |
|
Total financial income |
7.4 |
|
Interest payable on loans |
1.1 |
|
Total expenses |
1.1 |
|
Profit before tax |
62.8 |
|
Extraordinary income |
29.8 |
|
Extraordinary expenses |
20.9 |
|
Extraordinary result |
8.9 |
|
Total taxation |
21.9 |
|
Profit distributed to employees |
0.7 |
|
Net profit |
49.0 |
Annual Balance Sheet
|
Financials in:
USD (mil) |
|
|
|
|
|
31-Dec-2010 |
|
Filed Currency |
EUR |
|
Exchange Rate |
0.745406 |
|
Consolidated |
No |
|
|
|
|
Issued capital |
20.5 |
|
Legal reserves |
15.0 |
|
Total reserves |
2.0 |
|
Profits for the year |
49.7 |
|
Profit brought forward from previous year(s) |
52.3 |
|
Capital subsidies and grants |
1.2 |
|
Total stockholders equity |
140.7 |
|
Provisions and allowances |
55.9 |
|
Trade creditors |
112.6 |
|
Advances received |
56.1 |
|
Bank loans and overdrafts |
0.2 |
|
Other loans |
8.6 |
|
Other liabilities |
37.3 |
|
Debts on fixed assets |
10.4 |
|
Taxation and social security |
35.5 |
|
Total current liabilities |
194.2 |
|
Total debts |
260.8 |
|
Total liabilities (including net worth) |
457.4 |
|
Patents |
0.8 |
|
Other intangibles |
0.4 |
|
Land |
1.5 |
|
Buildings |
35.4 |
|
Other fixed assets |
114.6 |
|
Long-term investments |
1.9 |
|
Other financial assets |
0.2 |
|
Total non-current assets |
154.7 |
|
Prepayments |
1.5 |
|
Net stocks and work in progress |
232.7 |
|
Trade debtors |
47.2 |
|
Other receivables |
19.7 |
|
Prepaid expenses |
0.1 |
|
Cash and liquid assets |
1.5 |
|
Total current assets |
302.7 |
|
Total assets |
457.4 |
Annual Ratios
|
Financials in:
USD (mil) |
|
|
|
|
|
31-Dec-2010 |
|
Period Length |
12 Months |
|
Filed Currency |
EUR |
|
Exchange Rate |
0.745406 |
|
Consolidated |
No |
|
|
|
|
Current ratio |
1.60 |
|
Quick ratio |
0.40 |
|
Total liabilities to net worth |
1.87% |
|
Net worth to total assets |
0.31% |
|
Collection period |
25.80 |
|
Stock turnover rate |
2.40 |
|
Asset turnover |
1.21% |
|
Profit margin |
0.11% |
|
Return on assets |
0.14% |
|
Shareholders' return |
0.46% |
|
Sales per employee |
2.29 |
|
Profit per employee |
0.26 |
|
Average wage per employee |
0.25 |
|
Net worth |
140.7 |
|
Number of employees |
1,188 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.22 |
|
|
1 |
Rs.78.63 |
|
Euro |
1 |
Rs.65.53 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.