MIRA INFORM REPORT
|
Report Date : |
19.03.2012 |
IDENTIFICATION DETAILS
|
Name : |
PRYSMIAN CABLES Y SISTEMAS SA |
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Registered Office : |
Carretera C-15, Km 2. Poligono Masia Den Notari, Vilanova I La Geltru,
08800 |
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|
|
Country : |
Spain |
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|
|
Financials (as on) : |
31.12.2010 |
|
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|
|
Year of Establishment : |
1984 |
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|
|
Com. Reg. No.: |
A08958381 |
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|
Legal Form : |
Public Subsidiary Company |
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|
|
|
Line of Business : |
Manufacture and sale of cable including insulated low, medium and high tension cable and fibre-optic cable |
|
|
|
|
No. of Employees
: |
531 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Spain |
a2 |
a2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
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Restricted |
C2 |
|
Off-credit |
D |
Company name & address
Prysmian Cables Y Sistemas Sa
Carretera C-15, Km 2. Poligono Masia Den Notari
Vilanova I La Geltru, 08800
Spain
Tel: +(34) 938116000
Fax: +(34) 938116001
Web: www.prysmian.es
Synthesis
Employees: 531
Company Type: Public Subsidiary
Corporate Family: 106
Companies
Ultimate Parent: Prysmian
SpA
Incorporation Date: 1984
Auditor: Pricewaterhousecoopers Auditores Sl
Financials in: USD
(Millions)
Fiscal Year End:
18-Aug-2011
Reporting Currency: Euro
Annual Sales: 386.6
1
Net Income: 0.0
Total Assets: 296.6
Business Description
Manufacture and sale of cable including insulated low, medium and high
tension cable and fibre-optic cable
Industry
Industry Miscellaneous Fabricated Products
ANZSIC 2006: 2149 - Other Basic
Non-Ferrous Metal Product Manufacturing
NACE 2002: 2745 - Other
non-ferrous metal production
NAICS 2002: 331422 - Copper
Wire (except Mechanical) Drawing
UK SIC 2003: 2745 - Other
non-ferrous metal production
US SIC 1987: 3357 - Drawing and
Insulating of Nonferrous Wire
Key Executives
|
Name |
Title |
|
Xavier Cardona Torrandell |
Presidente |
|
Javier Zorraquino Asunsolo |
Secretario y Director Financiero |
|
Manuel Achaerandio RodrÃguez |
Director Comercial |
|
Valls Agusti |
Computer Science Director |
|
Daniel Alcañiz |
Director de LogÃstica |
Registered No.(ESP): A08958381
1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7243698
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.6984947
Corporate Overview
Location
Carretera C-15, Km 2. Poligono Masia Den Notari
Vilanova I La Geltru, 08800
Spain
Tel: +(34) 938116000
Fax: +(34) 938116001
Web www.prysmian.es
Sales EUR(mil): 280.0
Assets EUR(mil): 207.2
Employees: 531
Fiscal Year End: 18-Aug-2011
Industry: Miscellaneous
Fabricated Products
Incorporation Date: 1984
Company Type: Public
Subsidiary
Quoted Status: Not
Quoted
Previous Name: Pirelli
Cables y Sistemas SA
Registered No.(ESP): A08958381
Director General: Francesc
X AcÃn Jover
Contents
· Industry Codes
· Business Description
· Brand/Trade Names
· Financial Data
· Branch Offices
· Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
3494 - Other Electrical and Electronic Goods Wholesaling
3322 - Metal and Mineral Wholesaling
2149 - Other Basic Non-Ferrous Metal Product Manufacturing
2142 - Aluminium Rolling, Drawing, Extruding
NACE 2002 Codes:
2745 - Other non-ferrous metal production
5152 - Wholesale of metals and ores
2742 - Aluminium production
5187 - Wholesale of other machinery for use in industry, trade and
navigation
NAICS 2002 Codes:
423610 - Electrical Apparatus and Equipment, Wiring Supplies, and
Related Equipment Merchant Wholesalers
423510 - Metal Service Centers and Other Metal Merchant Wholesalers
331422 - Copper Wire (except Mechanical) Drawing
331319 - Other Aluminum Rolling and Drawing
US SIC 1987:
5063 - Electrical Apparatus and Equipment Wiring Supplies, and
Construction Materials
5051 - Metals Service Centers and Offices
3357 - Drawing and Insulating of Nonferrous Wire
3355 - Aluminum Rolling and Drawing, Not Elsewhere Classified
UK SIC 2003:
2745 - Other non-ferrous metal production
5152 - Wholesale of metals and ores
2742 - Aluminium production
5187 - Wholesale of other machinery for use in industry, trade and
navigation
Business
Description
Manufacture of other electronic and electric wires and cables
More Business
Descriptions
Manufacture and sale of cable including insulated low, medium and high
tension cable and fibre-optic cable
Communication and Energy Wire and Cable Manufacturing
Brand/Trade Names
Pirepol
Retenax Castfit
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Corporate
Family |
Corporate
Structure News: |
|
|
Prysmian
SpA |
|
Prysmian Cables
Y Sistemas Sa |
|
|
|
|
|
|
|
|
Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
Prysmian SpA |
Parent |
Milano |
Italy |
Miscellaneous Fabricated Products |
6,093.4 |
22,214 |
|
Draka Holding N.V. |
Subsidiary |
Amsterdam |
Netherlands |
Miscellaneous Fabricated Products |
3,215.3 |
9,377 |
|
Draka Deutschland GmbH |
Subsidiary |
Wuppertal |
Germany |
Miscellaneous Fabricated Products |
|
1,200 |
|
Draka Cable Wuppertal GmbH |
Subsidiary |
Wuppertal, Nordrhein-Westfalen |
Germany |
Miscellaneous Fabricated Products |
|
628 |
|
Draka Kabeltechnik GmbH |
Subsidiary |
Wuppertal, Nordrhein-Westfalen |
Germany |
Miscellaneous Fabricated Products |
30.3 |
56 |
|
Höhn GmbH |
Subsidiary |
Wuppertal, Nordrhein-Westfalen |
Germany |
Consumer Financial Services |
|
2 |
|
Kaiser Kabel GmbH |
Subsidiary |
Wuppertal, Nordrhein-Westfalen |
Germany |
Business Services |
|
|
|
Draka Comteq France |
Subsidiary |
Argenteuil |
France |
Metal Mining |
219.4 |
749 |
|
Draka Holdings USA |
Subsidiary |
Claremont, NC |
United States |
Miscellaneous Fabricated Products |
245.0 |
540 |
|
Draka Cableteq USA |
Branch |
Schuylkill Haven, PA |
United States |
Miscellaneous Fabricated Products |
40.3 |
160 |
|
Draka Manufacturing Operations |
Branch |
Taunton, MA |
United States |
Miscellaneous Fabricated Products |
32.3 |
150 |
|
Draka Cableteq USA |
Branch |
North Dighton, MA |
United States |
Miscellaneous Fabricated Products |
8.6 |
40 |
|
Draka USA Distribution Services |
Branch |
Houston, TX |
United States |
Advertising |
7.0 |
31 |
|
Draka Kabely, s.r. |
Subsidiary |
Velké MezirÃcà |
Czech Republic |
Electronic Instruments and Controls |
115.6 |
520 |
|
Draka Comteq Fibre B.V. |
Subsidiary |
Eindhoven, Noord-Brabant |
Netherlands |
Medical Equipment and Supplies |
|
349 |
|
Plasma Optical Fibre B.V. |
Subsidiary |
Eindhoven, Noord-Brabant |
Netherlands |
Construction - Supplies and Fixtures |
|
245 |
|
Suzhou Draka Cable Co Ltd |
Subsidiary |
Suzhou |
China |
Construction - Supplies and Fixtures |
69.1 |
311 |
|
Draka NK Cables Oy |
Subsidiary |
Helsinki |
Finland |
Electronic Instruments and Controls |
186.7 |
276 |
|
AS Draka Keila Cables |
Subsidiary |
Keila |
Estonia |
Miscellaneous Fabricated Products |
|
102 |
|
Draka Nk Cables Oy |
Subsidiary |
Espoo |
Finland |
Miscellaneous Fabricated Products |
188.4 |
274 |
|
Draka Kabel Sverige AB |
Subsidiary |
Nässjö |
Sweden |
Miscellaneous Fabricated Products |
132.6 |
270 |
|
Draka U.K. Ltd. |
Subsidiary |
Washington |
United Kingdom |
Miscellaneous Fabricated Products |
231.7 |
258 |
|
Draka Uk Pension Plan Trust Co. Ltd. |
Subsidiary |
Derby |
United Kingdom |
Nonclassifiable Industries |
|
|
|
Draka Norsk Kabel AS |
Subsidiary |
Drammen |
Norway |
Electronic Instruments and Controls |
125.8 |
241 |
|
Draka Cables Industrial Sl |
Subsidiary |
Santa Perpetua De Mogoda, Barcelona |
Spain |
Miscellaneous Fabricated Products |
144.6 |
220 |
|
Wagner Kablo AS |
Joint Venture |
Antalya, Antalya |
Turkey |
Miscellaneous Capital Goods |
2.0 |
160 |
|
Draka Fileca |
Subsidiary |
Ste Genevieve |
France |
Metal Mining |
38.7 |
149 |
|
Draka Paricable S.A.S. |
Subsidiary |
Aubevoye |
France |
Miscellaneous Fabricated Products |
|
140 |
|
Draka Comteq UK Ltd. |
Subsidiary |
Eastleigh |
United Kingdom |
Miscellaneous Fabricated Products |
42.3 |
126 |
|
DRAKA COMTEQ DENMARK A/S |
Subsidiary |
Brøndby |
Denmark |
Miscellaneous Fabricated Products |
31.1 |
90 |
|
Singapore Cables Manufacturers Pte Ltd |
Subsidiary |
Singapore |
Singapore |
Construction - Supplies and Fixtures |
50.4 |
75 |
|
Associated Cables Pvt. Ltd. |
Subsidiary |
Mumbai |
India |
Miscellaneous Fabricated Products |
13.4 |
50 |
|
usb-elektro Kabelkonfektions GmbH |
Subsidiary |
Neuwied |
Germany |
Broadcasting and Cable Television |
|
40 |
|
Draka Comteq Germany GmbH & Co. KG |
Subsidiary |
Köln, Nordrhein-Westfalen |
Germany |
Personal and Household Products |
|
40 |
|
Datacom Cable Technologies Pte Ltd |
Subsidiary |
Singapore |
Singapore |
Office Equipment |
|
23 |
|
Draka Cable (Hong Kong) Limited |
Subsidiary |
Hong Kong |
Hong Kong |
Miscellaneous Fabricated Products |
1.0 |
15 |
|
Draka Deutschland Erste Beteiligungs-GmbH |
Subsidiary |
Wuppertal, Nordrhein-Westfalen |
Germany |
Consumer Financial Services |
|
1 |
|
Draka Comteq Telecom BV |
Subsidiary |
Gouda |
Netherlands |
Miscellaneous Fabricated Products |
|
|
|
Prysmian Câbles & Systèmes France |
Subsidiary |
Paron |
France |
Miscellaneous Fabricated Products |
|
2,367 |
|
Auto Cables Tunisie S.A. |
Joint Venture |
Grombalia |
Tunisia |
Miscellaneous Fabricated Products |
|
|
|
Prysmian Cables Et Systemes France |
Subsidiary |
Sens |
France |
Electronic Instruments and Controls |
712.6 |
1,357 |
|
Prysmian Cables Y Sistemas Sa |
Subsidiary |
Vilanova I La Geltru, Barcelona |
Spain |
Miscellaneous Fabricated Products |
386.6 |
531 |
|
Fercable Sl |
Subsidiary |
Sant Vicenç Dels Horts, Barcelona |
Spain |
Miscellaneous Fabricated Products |
9.9 |
99 |
|
Prysmian MKM Magyar Kábel Mûvek Kft |
Subsidiary |
Budapest |
Hungary |
Miscellaneous Fabricated Products |
300.7 |
457 |
|
Prysmian Kablo s.r. |
Subsidiary |
Bratislava |
Slovakia |
Electronic Instruments and Controls |
|
339 |
|
Prysmian Cables & Systems Ltd |
Subsidiary |
St-Jean-sur-Richelieu, QC |
Canada |
Miscellaneous Fabricated Products |
305.2 |
300 |
|
Facab Lynen Gmbh & Co. Kg |
Subsidiary |
Eschweiler |
Germany |
Fabricated Plastic and Rubber |
80.0 |
299 |
|
Draka Paricable |
Subsidiary |
Ste Genevieve |
France |
Metal Mining |
69.4 |
250 |
|
Prysmian Cables & Systems |
Subsidiary |
Lexington, SC |
United States |
Miscellaneous Fabricated Products |
350.0 |
200 |
|
Pirelli Tire North America LLC |
Subsidiary |
Rome, GA |
United States |
Tires |
450.0 |
100 |
|
Prysmian Cables Indonesia, PT |
Subsidiary |
Jakarta Pusat |
Indonesia |
Miscellaneous Fabricated Products |
30.0 |
200 |
|
Subsidiary |
Berlin, Berlin |
Germany |
Miscellaneous Fabricated Products |
|
200 |
|
|
Subsidiary |
Gouda, Zuid-Holland |
Netherlands |
Construction - Supplies and Fixtures |
|
149 |
|
|
Subsidiary |
Liverpool, NSW |
Australia |
Electronic Instruments and Controls |
81.2 |
140 |
|
|
Subsidiary |
Lexington, SC |
United States |
Electronic Instruments and Controls |
17.0 |
100 |
|
|
Subsidiary |
Milano, MI |
Italy |
Miscellaneous Fabricated Products |
149.3 |
41 |
|
|
Subsidiary |
Milano, Milano |
Italy |
Electronic Instruments and Controls |
593.9 |
976 |
|
|
Subsidiary |
Eastleigh |
United Kingdom |
Miscellaneous Fabricated Products |
553.3 |
974 |
|
|
Branch |
Buenos Aires |
Argentina |
Miscellaneous Fabricated Products |
125.0 |
815 |
|
|
Subsidiary |
Eastleigh |
United Kingdom |
Metal Mining |
1,160.0 |
|
|
|
Subsidiary |
Eastleigh |
United Kingdom |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Eastleigh |
United Kingdom |
Construction Services |
|
|
|
|
Subsidiary |
Eastleigh |
United Kingdom |
|
|
|
|
|
Subsidiary |
Eastleigh |
United Kingdom |
|
|
|
|
|
Subsidiary |
Eastleigh |
United Kingdom |
|
|
|
|
|
Subsidiary |
Berlin, Berlin |
Germany |
Miscellaneous Fabricated Products |
471.3 |
900 |
|
|
Subsidiary |
Schwerin, Mecklenburg-Vorpommern |
Germany |
Miscellaneous Fabricated Products |
|
1 |
|
|
Subsidiary |
Sorocaba, SP |
Brazil |
Miscellaneous Fabricated Products |
618.0 |
740 |
|
|
Subsidiary |
Santo André, SP |
Brazil |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Liverpool, NSW |
Australia |
Miscellaneous Fabricated Products |
125.0 |
600 |
|
|
Subsidiary |
Auckland |
New Zealand |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Engineering Consultants |
495.9 |
499 |
|
|
Subsidiary |
Battipaglia, Salerno |
Italy |
Scientific and Technical Instruments |
80.0 |
381 |
|
|
Subsidiary |
Kirkkonummi |
Finland |
Miscellaneous Fabricated Products |
175.9 |
242 |
|
|
Subsidiary |
Ski |
Norway |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Delft, Zuid-Holland |
Netherlands |
Construction - Supplies and Fixtures |
141.6 |
225 |
|
|
Subsidiary |
Milano, Milano |
Italy |
Business Services |
0.0 |
5 |
|
|
Subsidiary |
Delft, South Holland |
Netherlands |
Commercial Banks |
|
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Miscellaneous Fabricated Products |
38.3 |
30 |
|
|
Subsidiary |
Milano, Milano |
Italy |
Miscellaneous Capital Goods |
14.7 |
22 |
|
|
Subsidiary |
Espoo |
Finland |
Miscellaneous Fabricated Products |
11.7 |
18 |
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Fabricated Products |
23.0 |
13 |
|
|
Subsidiary |
Wuppertal, Nordrhein-Westfalen |
Germany |
Commercial Banks |
|
2 |
|
|
Subsidiary |
Shah Alam, Selangor |
Malaysia |
Miscellaneous Fabricated Products |
47.3 |
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Manno |
Switzerland |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Rybinsk |
Russian Federation |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Mumbai (Bombay), Maharashtra |
India |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Slatina |
Romania |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Miscellaneous Capital Goods |
|
|
|
|
Subsidiary |
Hong Kong |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Beijing |
China |
Miscellaneous Financial Services |
|
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Miscellaneous Fabricated Products |
30.0 |
350 |
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Tianjin |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Baosheng |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Tianjin |
China |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Sollentuna |
Sweden |
Miscellaneous Fabricated Products |
|
|
|
|
Subsidiary |
Istanbul |
Turkey |
Miscellaneous Fabricated Products |
|
|
|
|
Kabelbedrijven Draka Nederland B.V |
Subsidiary |
|
|
|
|
|
|
Fabriek Voor Auto- En Electrotechnische
Produkten White Products B.V |
Subsidiary |
|
|
|
|
|
|
Cableries De Valenciennes |
Subsidiary |
Somain |
France |
Electronic Instruments and Controls |
12.2 |
80 |
Executive report
|
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 |
|
|
|
|
|
|
Charges |
384.3 |
379.5 |
654.5 |
|
Stock Reduction |
- |
20.8 |
13.3 |
|
Supplies |
276.5 |
230.0 |
467.3 |
|
Goods Consumption |
11.3 |
21.3 |
101.0 |
|
Consumption of Raw
Materials |
231.0 |
197.3 |
347.1 |
|
Miscellaneous External
Expenditures |
34.3 |
11.5 |
19.2 |
|
Staff Costs |
43.5 |
47.8 |
53.7 |
|
Wages and Salaries |
34.7 |
38.6 |
42.9 |
|
Social Security Costs |
8.9 |
9.2 |
10.8 |
|
Depreciation |
5.5 |
6.4 |
7.3 |
|
Allowance for Trade Operations |
1.1 |
0.7 |
0.4 |
|
Stock Provision
Variation |
0.1 |
0.1 |
0.0 |
|
Losses from
Unrecovered Receivables |
1.0 |
0.6 |
0.3 |
|
Other Operating Charges |
53.1 |
60.5 |
78.1 |
|
External Services |
52.2 |
59.7 |
77.5 |
|
Taxes |
0.9 |
0.9 |
0.6 |
|
Operating Benefits |
1.9 |
12.4 |
58.7 |
|
Financials and Similar Charges |
4.4 |
9.4 |
15.9 |
|
Due to Liabilities
With Group Companies |
0.1 |
3.1 |
0.3 |
|
Due to Other
Liabilities |
4.2 |
6.2 |
15.6 |
|
Changes in Financial Investment Provisions |
1.7 |
- |
5.0 |
|
Exchange Losses |
0.7 |
- |
3.2 |
|
Profit From Ordinary Activities |
- |
12.2 |
36.1 |
|
Changes in Provisions for Assets |
- |
0.2 |
- |
|
Losses From Assets and Securities Portfolio |
0.0 |
- |
- |
|
Extraordinary Profit |
- |
- |
0.1 |
|
Profit Before Taxes |
- |
12.0 |
36.1 |
|
Corporation Tax |
-2.3 |
3.6 |
10.4 |
|
Financial Year Result (Profit) |
- |
8.4 |
25.7 |
|
Income |
381.8 |
387.8 |
680.2 |
|
Net Total Sales |
370.8 |
377.1 |
676.9 |
|
Sales |
388.1 |
394.7 |
708.2 |
|
Rendering of Services |
0.1 |
0.1 |
0.3 |
|
Sales Refunds |
-17.3 |
-17.6 |
-31.6 |
|
Increase in Stocks |
7.9 |
- |
- |
|
Miscellaneous Operating Income |
3.0 |
1.6 |
1.7 |
|
Auxiliary Income From
Current Management |
3.0 |
1.6 |
1.7 |
|
Income From Miscellaneous Interests |
0.0 |
8.8 |
1.5 |
|
From Group Companies |
0.0 |
0.3 |
1.5 |
|
Miscellaneous
Interests |
- |
0.0 |
0.0 |
|
Profit on Financial
Investment |
- |
8.4 |
- |
|
Gains from Exchange Rate |
- |
0.4 |
- |
|
Negative Financial Results |
6.7 |
0.2 |
22.6 |
|
Ordinary Activities' Losses |
4.8 |
- |
- |
|
Profit on Disposal of Assets |
- |
- |
0.1 |
|
Negative Extraordinary Results |
0.0 |
0.2 |
- |
|
Losses Before Taxes |
4.9 |
- |
- |
|
Financial Year Result (Losses) |
2.6 |
- |
- |
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 |
|
|
|
|
|
|
Goodwill |
73.0 |
78.1 |
75.6 |
|
Total Intangible Fixed Assets |
73.0 |
78.1 |
75.6 |
|
Land and Construction |
54.6 |
60.3 |
60.2 |
|
Technical
Installations and Machinery |
12.0 |
15.5 |
17.0 |
|
Other Installations, Tools,
and Furniture |
0.8 |
1.0 |
1.1 |
|
Tangible Fixed Assets
Under Construction |
0.9 |
0.5 |
2.1 |
|
Other Tangible Assets |
1.1 |
1.5 |
1.6 |
|
Total Tangible Fixed Assets |
69.3 |
78.8 |
82.0 |
|
Investments in Group Companies |
16.6 |
17.7 |
17.2 |
|
Long-Term Guarantees
and Deposits |
0.1 |
0.1 |
0.1 |
|
Financial Investments |
16.7 |
17.8 |
17.3 |
|
Total Fixed Assets |
159.0 |
174.7 |
174.9 |
|
Raw Materials and
Other Consumables |
11.2 |
9.4 |
21.9 |
|
Goods in Process |
10.6 |
9.3 |
12.3 |
|
Finished Products |
31.3 |
26.9 |
43.6 |
|
Payments on Account |
3.0 |
3.6 |
- |
|
Total Stocks |
56.1 |
49.3 |
77.8 |
|
Trade Debtors |
18.3 |
40.2 |
47.7 |
|
Receivables, Group
Companies |
4.8 |
1.7 |
2.1 |
|
Other Debtors |
0.5 |
0.1 |
1.3 |
|
Staff |
0.2 |
0.1 |
0.1 |
|
Public Bodies |
3.4 |
2.1 |
1.2 |
|
Total Debtors |
27.2 |
44.2 |
52.4 |
|
Receivables from Group
Companies |
22.3 |
57.1 |
52.7 |
|
Total Short-Term Investments |
22.3 |
57.1 |
52.7 |
|
Cash |
12.0 |
3.3 |
3.8 |
|
Prepayments and Accrued Income |
1.3 |
1.8 |
2.1 |
|
Total Current Assets |
118.9 |
155.7 |
188.9 |
|
Total Assets |
277.9 |
330.4 |
363.8 |
|
Legal Reserve |
3.8 |
4.0 |
3.9 |
|
Miscellaneous Reserves |
42.0 |
41.0 |
34.8 |
|
Total Reserves |
45.8 |
45.0 |
38.6 |
|
Profit or Loss for the Financial Year |
-2.6 |
8.6 |
24.4 |
|
Total Equity |
61.9 |
73.7 |
82.5 |
|
Other Provisions |
1.2 |
1.2 |
1.2 |
|
Total Provisions for Liabilities and Charges |
1.2 |
1.2 |
1.2 |
|
Loans and Other
Liabilities |
107.8 |
149.4 |
160.8 |
|
Total Amounts Owed to Credit Institutions |
107.8 |
149.4 |
160.8 |
|
Amounts Owed to Group
Companies |
- |
- |
1.4 |
|
Total Debts with Group or Affiliated Companies |
- |
- |
1.4 |
|
Long-Term Payables to
Public Bodies |
6.8 |
7.3 |
7.1 |
|
Total Other Creditors |
6.8 |
7.3 |
7.1 |
|
Total Long Term Liabilities |
114.6 |
156.7 |
169.3 |
|
Loans and Other
Liabilities |
16.0 |
18.5 |
13.2 |
|
Total Amounts Owed to Credit Institutions |
16.0 |
18.5 |
13.2 |
|
Amounts Owed to Group
Companies |
30.5 |
21.0 |
31.8 |
|
Total Short-Term Amounts Owed to Group and
Associa |
30.5 |
21.0 |
31.8 |
|
Advanced Payments from
Customers |
3.0 |
3.6 |
- |
|
Amounts Owed for
Purchases of Goods or Services |
43.1 |
45.8 |
53.2 |
|
Total Trade Creditors |
46.2 |
49.4 |
53.2 |
|
Public Bodies |
4.2 |
5.6 |
6.3 |
|
Wages and Salaries
Payable |
3.1 |
3.8 |
5.6 |
|
Total Other Creditors |
7.3 |
9.4 |
11.9 |
|
Prepayments and Accrued Income |
0.0 |
0.0 |
0.1 |
|
Total Short Term Creditors |
100.0 |
98.4 |
110.2 |
|
Short Term Provisions for Liabilities and Charges |
0.3 |
0.3 |
0.6 |
|
Total Liabilities and Equity |
277.9 |
330.4 |
363.8 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.31 |
|
UK Pound |
1 |
Rs.79.04 |
|
Euro |
1 |
Rs.65.82 |
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.