MIRA INFORM REPORT

 

 

Report Date :

15.05.2012

 

IDENTIFICATION DETAILS

 

Name :

NUOVA H.P.T. SRL

 

 

Registered Office :

 

Via  Delle Industrie, 11/13 

20080 – Albairate (MI)

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

22.04.1999

 

 

Legal Form :

Limited Liability Company

 

 

Line of Business :

Manufacture of soldered tubes and pipes and similar

 

 

No. of Employees :

From 11 to 15

 

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

 

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 and address

 

Nuova H.p.t. Srl

 

Via  Delle Industrie, 11/13 

20080 – Albairate (MI) -IT-

 

 

Summary

 

Fiscal Code

:

12720030159

Legal Form

:

Limited liability company

start of Activities

:

22/04/1999

Equity

:

400.000 Eur

Turnover Range

:

3.000.000/3.750.000 Eur

Number of Employees

:

from 11 to 15

 

 

Activity

 

Manufacture of soldered tubes and pipes and similars

 

Legal Data

 

Legal Form : Limited liability company

Fiscal Code : 12720030159

 

Foreign Trade Reg. no. : MI300687 since 08/02/2000

 

Chamber of Commerce no. : 1583780 of Milano since 03/05/1999

 

Chamber of Commerce no. : 148136 of Piacenza

 

V.A.T. Code : 12720030159

 

Establishment date

: 09/02/1999

Start of Activities

: 22/04/1999

Legal duration

: 31/12/2050

Nominal Capital

: 25.500

Eur

Subscribed Capital

: 25.500

Eur

Paid up Capital

: 25.500

Eur

 

Members

 

 

Lucini

Enrico

 

 

 

Born in Albairate

(MI)

on 20/03/1951

- Fiscal Code : LCNNRC51C20A127M

 

 

 

Residence :

Via

Filippetti

, 22

- 20011

Corbetta

(MI)

- IT -

 

Position

Since

Shares Amount

% Ownership

Sole Director

09/02/1999

 

 

 

 

No Protests registered

 

Companies connected to members *

 

*checkings have been performed on a national scale.

 

In this module are listed the companies in which members hold or have holded positions.

 

 

LUCINI

ENRICO

 

Firm's Style

Seat

Fiscal Code

Position

Position Status

Firm's Status

A.L.C.E. DI ENRICO LUCINI E ANGELA BIANCHI S.N.C.

Bergamo (BG) - IT -

00862980158

Partner

Active

Registered

ALCE SRL

Albairate (MI) - IT -

02265770160

Sole Director

Active

Registered

BIELLE IMMOBILIARE S.R.L.

Bergamo (BG) - IT -

03696190168

Sole Director

Active

Registered

BRONZINOX SRL

Albairate (MI) - IT -

10268210159

Board Chairman

Active

Registered

ELVI IMMOBILIARE S.R.L

Bergamo (BG) - IT -

03809170164

Sole Director

Active

Registered

IMMOBILIARE ELLE S.A.S. DI LUCINI ENRICO E C.

Bergamo (BG) - IT -

02257900163

General Partner

Active

Registered

T.A.I. SRL

Bergamo (BG) - IT -

02324770169

Sole Director

Active

Registered

XINOX MECCANICA S.R.L. (IN BREVE:XINOX S.R.L.) IN LIQUIDAZIONE

Bergamo (BG) - IT -

02070350927

Sole Director

Withdrawn

Registered

XINOX MECCANICA S.R.L. (IN BREVE:XINOX S.R.L.) IN LIQUIDAZIONE

Bergamo (BG) - IT -

02070350927

Liquidator

Active

Registered

 


Capital Shareholders

 

Shareholders' list as at date of data collection:

 

Firm's Style / Name

Seat / Residence

Fiscal Code

Owned Shares

% Ownership

Lucini Enrico

Corbetta - IT -

LCNNRC51C20A127M

10.200 .Eur

40,00

Bianchi Angela

Corbetta - IT -

BNCNGL53D67E801W

10.200 .Eur

40,00

Lucini Elena

 

LCNLNE78H65E801P

2.550 .Eur

10,00

Lucini Luca

 

LCNLCU84P11E801I

2.550 .Eur

10,00

 

Direct Participations

 

The Company under review has no participations in other Companies.

 


Firm's location and structure

 

In order to carry out its activities the firm uses the following locations:

 

-

Legal and operative seat

 

 

 

 

 

 

Via

Delle Industrie

, 11/13

- 20080

- Albairate

(MI)

- IT -

 

 

 

 

PHONE

: 02/9406739

 

-

Branch

(Factory )

since 22/04/1999

 

 

 

 

 

Via

G. Boselli - V. F.lli Bandiera 46

, 7

- 29015

- Castel San Giovanni

(PC)

- IT -

 

 

 

 

PHONE

: 0523/849610

 

 

 

 

Employees

: 11

 

Fittings and Equipment for a value of 1.290.000

Eur

 

Stocks for a value of 750.000

Eur

 

Protests

 

Protests checking on the subject firm has given a negative result.

 

Data Base Prejudicial Events Search

 

Search performed on a National Scale

 

 

 

Prejudicial Events Search Result: NEGATIVE

 

Search performed on a specialized data base.

 

Legal Procedures

 

None reported, standing to the latest received edition of the Official Publications.



Financial and Economical Analysis

 

Company's starting of activities dates back to 1999.

The eonomic-financial analysis is based on the latest 3 b/s.

Under an economic point of view, profits were registered during the last years with a r.o.e. of 10,06% in 2010

The operating result was positive in the last financial year (5,76%) falling within the field's average.

The amount of the operating result is equal to Eur. 126.866 , with no sizeable change as opposed to the year before.

The G.O.M. amounted to Eur. 291.883 ,with no change if compared to the year before.

The analysis shows a fair financial position as the indebtedness volume is acceptable (3,06) and decreasing as against 2009.

With regard to equity capital, an amount of Eur. 345.400 is registered. on the same levels as the year before.

During the last financial year debts totalled Eur. 1.736.135 (Eur. 577.998 of which were m/l term debts) , with no sensible variation.

The exposure towards banks is slightly high, the recourse to suppliers' credit is limited which is also lower than the sector average.

The management determines a good range of liquidity.

As to due from customers, the average terms are 83,78 days. , value within the sector's average.

As far as the cash flow is concerned during the latest financial year it amounted to Eur. 199.747

In the last financial year labour cost was of Eur. 411.886, with a 13,42% incidence on total costs of production. , whereas 12,94% is the incidence on sales revenues.

The financial management is marked by a high incidence of financial charges in relation to sales revenues (-1,59%).

 

Financial Data

 

 

 

Complete balance-sheet for the year

31/12/2010

(in Eur

x 1 )

 

Item Type

Value

Sales

3.183.870

Profit (Loss) for the period

34.730

 

 

 

Complete balance-sheet for the year

31/12/2009

(in Eur

x 1 )

 

Item Type

Value

Sales

3.687.210

Profit (Loss) for the period

19.129

 

 

 

Complete balance-sheet for the year

31/12/2008

(in Eur

x 1 )

 

Item Type

Value

Sales

4.477.433

Profit (Loss) for the period

27.712

 

 

 

Complete balance-sheet for the year

31/12/2007

(in Eur

x 1 )

 

Item Type

Value

Sales

3.970.419

Profit (Loss) for the period

46.213

 

 

 

Complete balance-sheet for the year

31/12/2006

(in Eur

x 1 )

 

Item Type

Value

Sales

4.905.482

Profit (Loss) for the period

120.037


Balance Sheets

 

From our constant monitoring of the relevant Public Administration offices, no more recent balance sheets result to have been filed.

 

- Balance Sheet as at 31/12/2010 - 12 Mesi - Currency: Eur - Amounts x 1

 

- Balance Sheet as at 31/12/2009 - 12 Mesi - Currency: Eur - Amounts x 1

 

- Balance Sheet as at 31/12/2008 - 12 Mesi - Currency: Eur - Amounts x 1

 

Years

2010

2009

2008

BALANCE SHEET ACCOUNTS

 

ASSETS

 

 

 

CREDITS VS PARTNERS

 

 

 

. Deposits not yet withdrawn

 

 

 

. Deposits already withdrawn

 

 

 

Total credits vs partners

 

 

 

FIXED ASSETS

 

 

 

. INTANGIBLE FIXED ASSETS

 

 

 

. . Start-up and expansion expenses

 

 

 

. . Research,develop. and advert.expens.

 

 

169.361

. . Industrial patent rights

 

 

 

. . Concessions,licenses,trademarks,etc.

 

 

 

. . Goodwill

 

 

 

. . Assets in formation and advance paymen.

 

 

 

. . Other intangible fixed assets

 

 

 

. Total Intangible Fixed Assets

201.193

269.825

169.361

. TANGIBLE FIXED ASSETS

 

 

 

. . Real estate

 

 

 

. . Plant and machinery

 

 

 

. . Industrial and commercial equipment

 

 

 

. . Other assets

 

 

 

. . Assets under construction and advances

 

 

 

. Total Tangible fixed assets

312.228

367.738

323.061

. FINANCIAL FIXED ASSETS

 

 

 

. . Equity investments

 

 

 

. . . Equity invest. in subsidiary companies

 

 

 

. . . Equity invest. in associated companies

 

 

 

. . . Equity invest. in holding companies

 

 

 

. . . Equity invest. in other companies

 

 

 

. . Financial receivables

 

17.121

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

17.121

 

. . . Receivab due from subsidiaries

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from assoc.comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . . Receivables due from third parties

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Other securities

 

 

 

. . Own shares

 

 

 

. . . Total nominal value

 

 

 

. Total financial fixed assets

17.121

17.121

17.224

Total fixed assets

530.542

654.684

509.646

CURRENT ASSETS

 

 

 

. INVENTORIES

 

 

 

. . Raw materials and other consumables

 

 

 

. . Work in progress and semimanufactured

 

 

 

. . Work in progress on order

 

 

 

. . Finished goods

 

 

 

. . Advance payments

 

 

 

. Total Inventories

753.207

705.736

811.025

. CREDITS NOT HELD AS FIXED ASSETS

 

 

 

. . Within 12 months

763.988

561.824

968.002

. . Beyond 12 months

7.288

 

 

. . Trade receivables

740.943

539.350

946.013

. . . . Within 12 months

734.315

539.350

946.013

. . . . Beyond 12 months

6.628

 

 

. . Receivables due from subsid. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from assoc. comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from holding comp.

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Fiscal Receivables

8.862

19.492

19.677

. . . . Within 12 months

8.202

19.492

19.677

. . . . Beyond 12 months

660

 

 

. . Receivables for anticipated taxes

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Receivables due from third parties

21.471

2.982

2.312

. . . . Within 12 months

21.471

2.982

2.312

. . . . Beyond 12 months

 

 

 

. Total Credits not held as fixed assets

771.276

561.824

968.002

. FINANCIAL ASSETS

 

 

 

. . Equity invest. in subsidiary comp.

 

 

 

. . Equity invest. in associated companies

 

 

 

. . Equity invest. in holding companies

 

 

 

. . Other equity investments

 

 

 

. . Own shares

 

 

 

. . . Total nominale value

 

 

 

. . Other securities

 

 

 

. Total Financial Assets

 

 

 

. LIQUID FUNDS

 

 

 

. . Bank and post office deposits

 

 

 

. . Checks

 

 

 

. . Banknotes and coins

 

 

 

. Total Liquid funds

99.759

87.163

208.996

Total current assets

1.624.242

1.354.723

1.988.023

ADJUSTMENT ACCOUNTS

 

 

 

. Discount on loans

 

 

 

. Other adjustment accounts

48.482

75.917

9.158

Total adjustments accounts

48.482

75.917

9.158

TOTAL ASSETS

2.203.266

2.085.324

2.506.827

 

 

 

 

LIABILITIES

 

 

 

STOCKHOLDERS' EQUITY

 

 

 

. Capital stock

25.500

25.500

25.500

. Additional paid-in capital

 

 

 

. Revaluation reserves

 

 

 

. Legal reserve

5.100

5.100

5.100

. Reserve for Own shares

 

 

 

. Statute reserves

 

 

 

. Other reserves

280.070

260.941

233.227

. Accumulated Profits (Losses)

 

 

 

. Profit( loss) of the year

34.730

19.129

27.712

. Advances on dividends

 

 

 

. Partial loss of the year Coverage

 

 

 

Total Stockholders'Equity

345.400

310.670

291.539

RESERVES FOR RISKS AND CHARGES

 

 

 

. . Reserve for employee termination indem.

 

 

 

. . Taxation fund, also differed

 

 

 

. . Other funds

 

 

 

Total Reserves for Risks and Charges

 

 

 

Employee termination indemnities

121.731

103.581

90.299

ACCOUNTS PAYABLE

 

 

 

. . . . Within 12 months

1.158.137

1.093.075

1.571.459

. . . . Beyond 12 months

577.998

577.998

550.347

. . Bonds

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Convertible bonds repayable

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to shareholders for financing

104.223

104.223

550.347

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

104.223

104.223

550.347

. . Due to banks

629.108

731.060

1.286.905

. . . . Within 12 months

629.108

731.060

1.286.905

. . . . Beyond 12 months

 

 

 

. . Due to other providers of finance

 

 

200.000

. . . . Within 12 months

 

 

200.000

. . . . Beyond 12 months

 

 

 

. . Advances from customers

 

 

25.000

. . . . Within 12 months

 

 

25.000

. . . . Beyond 12 months

 

 

 

. . Trade payables

475.276

295.491

 

. . . . Within 12 months

475.276

295.491

 

. . . . Beyond 12 months

 

 

 

. . Securities issued

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to subsidiary companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to associated companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to holding companies

 

 

 

. . . . Within 12 months

 

 

 

. . . . Beyond 12 months

 

 

 

. . Due to the tax authorities

18.087

28.019

17.502

. . . . Within 12 months

18.087

28.019

17.502

. . . . Beyond 12 months

 

 

 

. . Due to social security and welfare inst.

17.667

16.686

19.139

. . . . Within 12 months

17.667

16.686

19.139

. . . . Beyond 12 months

 

 

 

. . Other payables

491.774

495.594

22.913

. . . . Within 12 months

17.999

21.819

22.913

. . . . Beyond 12 months

473.775

473.775

 

Total accounts payable

1.736.135

1.671.073

2.121.806

ADJUSTMENT ACCOUNTS

 

 

 

. Agio on loans

 

 

 

. Other adjustment accounts

 

 

3.183

Total adjustment accounts

 

 

3.183

TOTAL LIABILITIES

2.203.266

2.085.324

2.506.827

 

 

 

 

 

 

MEMORANDUM ACCOUNTS

 

Third party goods

 

 

 

Investment accounts

 

 

 

Risk accounts

 

 

 

Civil and fiscal norms relation

 

 

 

 

 

 

 

 

 

PROFIT AND LOSS ACCOUNTS

 

VALUE OF PRODUCTION

 

 

 

. Revenues from sales and services

3.183.870

3.687.210

4.477.433

. Changes in work in progress

12.724

-27.710

-182.781

. Changes in semi-manufact. products

 

 

 

. Capitalization of internal work

 

 

 

. Other income and revenues

332

171.004

162.755

. . Contributions for operating expenses

 

171.001

162.754

. . Different income and revenues

332

3

1

Total value of production

3.196.926

3.830.504

4.457.407

PRODUCTION COSTS

 

 

 

. Raw material,other materials and consum.

1.803.376

2.381.335

2.814.963

. Services received

470.832

461.118

474.389

. Leases and rentals

252.462

207.763

70.799

. Payroll and related costs

411.886

417.402

401.777

. . Wages and salaries

254.887

257.800

250.352

. . Social security contributions

85.550

90.207

85.344

. . Employee termination indemnities

19.912

19.503

18.442

. . Pension and similar

 

 

 

. . Other costs

51.537

49.892

47.639

. Amortization and depreciation

165.017

170.604

103.967

. . Amortization of intangible fixed assets

68.631

68.631

1.880

. . Amortization of tangible fixed assets

96.386

99.384

97.320

. . Depreciation of tangible fixed assets

 

 

 

. . Writedown of current receiv.and of liquid

 

2.589

4.767

. Changes in raw materials

-34.747

43.280

305.569

. Provisions to risk reserves

 

 

 

. Other provisions

 

 

 

. Other operating costs

1.234

8.605

3.982

Total production costs

3.070.060

3.690.107

4.175.446

Diff. between value and cost of product.

126.866

140.397

281.961

FINANCIAL INCOME AND EXPENSE

 

 

 

. Income from equity investments

 

 

 

. . In subsidiary companies

 

 

 

. . In associated companies

 

 

 

. . In other companies

 

 

 

. Other financial income

342

15.458

4.290

. . Financ.income from receivables

 

 

 

. . . Towards subsidiary companies

 

 

 

. . . Towards associated companies

 

 

 

. . . Towards holding companies

 

 

 

. . . Towards other companies

 

 

 

. . Financ.income from secur. t.f.assets

 

 

 

. . Financ.income from secur. cur.assets

 

 

 

. . Financ.income other than the above

 

 

4.290

. . . - Subsidiary companies

 

 

 

. . . - Associated companies

 

 

 

. . . - Holding companies

 

 

 

. . . - Other companies

 

 

 

. Interest and other financial expense

-51.106

-112.658

-200.384

. . Towards subsidiary companies

 

 

 

. . Towards associated companies

 

 

 

. . Towards holding companies

 

 

 

. . Towards other companies

 

 

 

Total financial income and expense

-50.764

-97.200

-196.094

ADJUSTMENTS TO FINANCIAL ASSETS

 

 

 

. Revaluations

 

 

 

. . Of equity investments

 

 

 

. . Of financ.fixed assets not repres.E.I.

 

 

 

. . Of securities incl.among current assets

 

 

 

. Devaluation

 

 

 

. . Of equity investments

 

 

 

. . Of financial fixed assets (no equity inv)

 

 

 

. . Of securities included among current ass

 

 

 

Total adjustments to financial assets

 

 

 

EXTRAORDINARY INCOME AND EXPENSE

 

 

 

. Extraordinary income

1

20.138

7.241

. . Gains on disposals

 

 

 

. . Other extraordinary income

1

20.138

7.241

. Extraordinary expense

 

-4.341

-6.616

. . Losses on disposals

 

 

 

. . Taxes relating to prior years

 

 

 

. . Other extraordinary expense

 

-4.341

-6.616

Total extraordinary income and expense

1

15.797

625

Results before income taxes

76.103

58.994

86.492

. Taxes on current income

41.373

39.865

58.780

. . current taxes

41.373

39.865

58.780

. . differed taxes(anticip.)

 

 

 

. Net income for the period

34.730

19.129

27.712

. Adjustments in tax regulations pursuance

 

 

 

. Provisions in tax regulations pursuance

 

 

 

. Profit (loss) of the year

34.730

19.129

27.712

 

RATIOS

Value Type

as at 31/12/2010

as at 31/12/2009

as at 31/12/2008

Sector Average

COMPOSITION ON INVESTMENT

 

 

 

 

 

Rigidity Ratio

Units

0,24

0,31

0,20

0,33

Elasticity Ratio

Units

0,74

0,65

0,79

0,64

Availability of stock

Units

0,34

0,34

0,32

0,22

Total Liquidity Ratio

Units

0,40

0,31

0,47

0,41

Quick Ratio

Units

0,05

0,04

0,08

0,01

COMPOSITION ON SOURCE

 

 

 

 

 

Net Short-term indebtedness

Units

3,06

3,24

4,67

1,76

Self Financing Ratio

Units

0,16

0,15

0,12

0,28

Capital protection Ratio

Units

0,83

0,86

0,82

0,65

Liabilities consolidation quotient

Units

0,60

0,62

0,41

0,21

Financing

Units

5,03

5,38

7,28

2,32

Permanent Indebtedness Ratio

Units

0,47

0,48

0,37

0,44

M/L term Debts Ratio

Units

0,32

0,33

0,26

0,10

Net Financial Indebtedness Ratio

Units

1,83

2,41

6,27

1,23

CORRELATION

 

 

 

 

 

Fixed assets ratio

Units

1,97

1,52

1,83

1,38

Current ratio

Units

1,40

1,24

1,27

1,17

Acid Test Ratio-Liquidity Ratio

Units

0,75

0,59

0,75

0,80

Structure's primary quotient

Units

0,65

0,47

0,57

0,84

Treasury's primary quotient

Units

0,09

0,08

0,13

0,02

Rate of indebtedness ( Leverage )

%

637,89

671,23

859,86

353,85

Current Capital ( net )

Value

466.105

261.648

416.564

1.089.006

RETURN

 

 

 

 

 

Return on Sales

%

6,27

5,15

2,94

4,21

Return on Equity - Net- ( R.O.E. )

%

10,06

6,16

9,51

5,65

Return on Equity - Gross - ( R.O.E. )

%

22,03

18,99

29,67

10,45

Return on Investment ( R.O.I. )

%

5,76

6,73

11,25

5,10

Return/ Sales

%

3,98

3,81

6,30

5,37

Extra Management revenues/charges incid.

%

27,38

13,62

9,83

32,26

Cash Flow

Value

199.747

189.733

131.679

656.825

Operating Profit

Value

126.866

140.397

281.961

725.724

Gross Operating Margin

Value

291.883

311.001

385.928

1.207.677

MANAGEMENT

 

 

 

 

 

Credits to clients average term

Days

83,78

52,66

76,06

103,53

Debts to suppliers average term

Days

67,72

34,88

n.c.

107,64

Average stock waiting period

Days

85,17

68,90

65,21

64,91

Rate of capital employed return ( Turnover )

Units

1,45

1,77

1,79

1,09

Rate of stock return

Units

4,23

5,22

5,52

5,55

Labour cost incidence

%

12,94

11,32

8,97

10,69

Net financial revenues/ charges incidence

%

- 1,59

- 2,64

- 4,38

- 1,62

Labour cost on purchasing expenses

%

13,42

11,31

9,62

11,43

Short-term financing charges

%

2,94

6,74

9,44

3,56

Capital on hand

%

69,20

56,56

55,99

91,63

Sales pro employee

Value

265.322

283.631

373.119

358.274

Labour cost pro employee

Value

34.323

32.107

33.481

35.860

 

 

Market / Territory Data

 

Population living in the province

:

3.839.216

Population living in the region

:

9.393.092

Number of families in the region

:

3.858.736

 

Monthly family expences average in the region (in Eur.) :

 

- per food products

:

460

- per non food products

:

2.090

- per energy consume

:

114

 

Sector Data

 

The values are calculated on a base of 185 significant companies.

 

The companies cash their credits on an average of 103 dd.

The average duration of suppliers debts is about 107 dd.

The sector's profitability is on an average of 4,21%.

The labour cost affects the turnover in the measure of 10,69%.

Goods are held in stock in a range of 64 dd.

The difference between the sales volume and the resources used to realize it is about 1,09.

The employees costs represent the 11,43% of the production costs.

 

Statistical Detrimental Data

 

The area is statistically considered lowly risky.

In the region 50.886 protested subjects are found; in the province they count to 24.765.

The insolvency index for the region is 0,55, , while for the province it is 0,66.

Total Bankrupt companies in the province : 22.523.

Total Bankrupt companies in the region : 39.612.

 

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.53.71

UK Pound

1

Rs.86.34

Euro

1

Rs.69.22

 

 

INFORMATION DETAILS

 

Report Prepared by :

PRL

 

 

 

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.