MIRA INFORM REPORT

 

 

Report Date :

07.05.2012

 

IDENTIFICATION DETAILS

 

Name :

ANTONIO ZAMPERLA SPA  

 

 

Registered Office :

Via Monte Grappa 15/17, Altavilla Vicentina, 36077

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

21.12.1978

 

 

Com. Reg. No.:

00655110245

 

 

Legal Form :

Public Independent Company

 

 

Line of Business :

manufacturer of ossature in metal for construction

 

 

No. of Employees :

154

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

sSTATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Status :

Satisfactory

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 


Company name & address 

 

Antonio Zamperla SpA 

Via Monte Grappa 15/17

Altavilla Vicentina, 36077

Italy

Tel:       +39 0444 998400

Fax:      +39 0444 573720

 

 

Synthesis  

 

Employees:                  154

Company Type:            Public Independent

Incorporation Date:         21-Dec-1978    

Financials in:                 USD (Millions)

Fiscal Year End:            31-Dec-2010

Reporting Currency:       Euro

Annual Sales:                49.1

Total Assets:                 72.9

 

 

Business Description     

 

Antonio Zamperla SpA is primarily engaged in manufacture of ossature in metal for construction; manufacture of industrial ossature in metal (ossature for blast furnaces, lifting and handling equipment, etc.); and manufacture of prefabricated buildings mainly of metal (site huts, modular exhibition elements, etc.).

 

Industry             

Industry            Construction - Supplies and Fixtures

ANZSIC 2006:    2229 - Other Structural Metal Product Manufacturing

NACE 2002:      2811 - Manufacture of metal structures and parts of structures

NAICS 2002:     33231 - Plate Work and Fabricated Structural Product Manufacturing

UK SIC 2003:    2811 - Manufacture of metal structures and parts of structures

US SIC 1987:    3441 - Fabricated Structural Metal

 

 

Key Executives   

 

Name

Title

Alberto Zamperla

President

Paolo Sandrello

Executive

Antonio Nardin

Member of the board

Andrea Zamperla

Member of the board

 

Registered No.(ITA):       00655110245

 

1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7550783

2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7454064

 

 

Corporate Overview

 

Location

Via Monte Grappa 15/17

Altavilla Vicentina, 36077

Italy

Tel:       +39 0444 998400

Fax:      +39 0444 573720

           

Sales EUR(mil):             37.1

Assets EUR(mil):           54.3

Employees:                   154

Fiscal Year End:            31-Dec-2010

Industry:                        Construction - Supplies and Fixtures

Incorporation Date:         21-Dec-1978

Company Type:             Public Independent

Quoted Status:              Not Quoted

Registered No.(ITA):       00655110245

Member of the board:     Antonio Nardin

 

Contents

Industry Codes

Business Description

Financial Data

Key Corporate Relationships

 

Industry Codes

 

ANZSIC 2006 Codes:

692       -          Architectural, Engineering and Technical Services

2229     -          Other Structural Metal Product Manufacturing

2599     -          Other Manufacturing Not Elsewhere Classified

 

NACE 2002 Codes:

3663     -          Other manufacturing not elsewhere classified

7420     -          Architectural and engineering activities and related technical consultancy

2811     -          Manufacture of metal structures and parts of structures

 

NAICS 2002 Codes:

33231   -          Plate Work and Fabricated Structural Product Manufacturing

5413     -          Architectural, Engineering, and Related Services

3399     -          Other Miscellaneous Manufacturing


US SIC 1987:

3441     -          Fabricated Structural Metal

3999     -          Manufacturing Industries, Not Elsewhere Classified

871       -          Engineering, Architectural, and Surveying

 

UK SIC 2003:

3663     -          Other manufacturing not elsewhere classified

7420     -          Architectural and engineering activities and related technical consultancy

2811     -          Manufacture of metal structures and parts of structures

 

 

Business Description

Antonio Zamperla SpA is primarily engaged in manufacture of ossature in metal for construction; manufacture of industrial ossature in metal (ossature for blast furnaces, lifting and handling equipment, etc.); and manufacture of prefabricated buildings mainly of metal (site huts, modular exhibition elements, etc.).

 

 

Financial Data

Financials in:

EUR(mil)

 

Revenue:

37.1

Assets:

54.3

Current Assets:

37.9

 

Total Liabilities:

54.3

 

Net Worth:

10.6

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

-15.6%

NA

Key Corporate Relationships

Bank:

Banca Popolare di Verona - San Geminiano e San Prospero Ag, Banca Popolare di Vicenza Ag, Unicredit Banca Ag

 

 

 

 

 

 

 

 

 

 

Executive report

 

Board of Directors

 

Name

Title

Function

 

Antonio Nardin

 

Member of the board

Director/Board Member

 

Andrea Zamperla

 

Member of the board

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Alberto Zamperla

 

President

President

 

Paolo Sandrello          

 

Executive

Other

 

 

 


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

 

 

 

 

Total income

52.4

61.1

79.1

Net sales

49.1

61.1

79.8

Other operating income

0.7

0.9

0.5

Raw materials and consumables employed

25.5

30.3

39.8

Other expenses

11.1

12.3

20.3

Total payroll costs

11.5

11.7

12.0

Fixed asset depreciation and amortisation

2.2

2.6

3.0

Other operating costs

0.3

0.4

0.8

Net operating income

1.8

3.8

3.3

Total financial income

0.3

0.0

0.9

Total expenses

1.5

2.0

2.9

Profit before tax

0.6

1.8

1.3

Extraordinary result

0.6

-0.7

-0.7

Profit after extraordinary items and before tax

1.2

1.1

0.6

Total taxation

0.6

1.0

0.5

Net profit

0.6

0.1

0.2

 

 

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

 

 

 

 

Total stockholders equity

14.2

14.5

14.0

Provision for risks

0.0

0.1

0.1

Provision for pensions

2.1

2.3

2.4

Mortgages and loans

4.7

5.4

7.4

Other long-term liabilities

-

0.3

0.7

Trade creditors

9.2

10.8

13.0

Advances received

10.7

7.5

-

Bank loans and overdrafts

24.2

25.6

24.6

Other current liabilities

6.1

6.9

11.1

Accruals and deferred income

1.8

1.3

1.4

Total current liabilities

51.9

52.0

50.2

Total liabilities (including net worth)

72.9

74.6

74.7

Intangibles

4.1

5.6

5.8

Buildings

9.8

10.8

10.6

Total tangible fixed assets

11.3

12.8

12.9

Long-term investments

2.2

3.4

3.7

Total financial assets

3.2

4.1

4.7

Receivables due after 1 year

3.4

3.9

3.9

Loans to associated companies

0.7

0.7

0.9

Total non-current assets

22.1

26.3

27.3

Work in progress

3.7

1.3

-

Finished goods

5.6

3.3

4.9

Net stocks and work in progress

16.4

12.9

14.8

Trade debtors

18.7

22.9

22.6

Other receivables

14.7

9.7

8.6

Cash and liquid assets

0.7

2.5

0.9

Accruals

0.4

0.3

0.4

Total current assets

50.8

48.3

47.3

Total assets

72.9

74.6

74.7

 

 

Annual Ratios

Financials in: USD (mil)

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Current ratio

1.00

0.90

0.90

Quick ratio

0.70

0.70

0.60

Current liabilities to net worth

0.04%

0.04%

0.04%

Sales per employee

0.24

0.29

0.36

Profit per employee

0.01

0.01

0.00

Average wage per employee

0.06

0.05

0.05

Net worth

14.2

14.5

14.0

Number of employees

154

154

152


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.53.72

UK Pound

1

Rs.86.98

Euro

1

Rs.70.65

 

INFORMATION DETAILS

 

Report Prepared by :

MNL

 

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.