MIRA INFORM REPORT
|
Report Date : |
15.05.2012 |
s
IDENTIFICATION DETAILS
|
Name : |
VINNOLIT GMBH & CO KG |
|
|
|
|
Registered Office : |
Carl-Zeiss-Ring 25, Ismaning, 85737 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
06.06.2000 |
|
|
|
|
Com. Reg. No.: |
HRA 76260 |
|
|
|
|
Legal Form : |
Ltd partnership with priv. ltd. company as
general partner |
|
|
|
|
Line of Business : |
manufacturer of plastic tableware, kitchenware and
toilet articles |
|
|
|
|
No. of Employees : |
1,312 |
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) |
|
|
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
Vinnolit GmbH & Co KG
Carl-Zeiss-Ring 25
D 85737 Ismaning
Telephone: 089/96103-0
Telefax: 089/96103-103
Homepage: www.vinnolit.de
E-mail: info@vinnolit.de
DE813061121
LEGAL FORM Ltd
partnership with priv. ltd. company as
general partner
Date of foundation: 06.06.2000
Registered on: 06.06.2000
Register of
companies: Local
court 80797 München
under: HRA
76260
Total cap. contribution: EUR 5,000.00
Vinnolit Holdings
GmbH
Carl-Zeiss-Ring 25
D 85737 Ismaning
Legal form:
Private limited company
Share
capital: EUR 15,337,700.00
Share: EUR 5,000.00
Registered on:
06.04.2000
Reg. data: 80797
München, HRB 130661
Vinnolit Geschäftsführungs GmbH
Carl-Zeiss-Ring 25
D 85737 Ismaning
Legal form:
Private limited company
Share
capital: EUR 25,000.00
Registered on:
06.04.2000
Reg. data: 80797
München, HRB 130662
Vinnolit Holdings
GmbH
Carl-Zeiss-Ring 25
D 85737 Ismaning
Legal form:
Private limited company
Share
capital: EUR 15,337,700.00
Share: EUR 25,000.00
Registered on:
06.04.2000
Reg. data: 80797
München, HRB 130661
Dr. Ralph
Ottlinger
D 82418 Murnau
having sole power
of representation
born: 30.07.1951
Manager:
Dr. Josef Ertl
D 89438 Holzheim
having sole power of
representation
born: 30.10.1950
Dr. Wolfram
Prößdorf
Wendelsteinstr. 8
d
D 82031 Grünwald
born: 25.01.1951
Proxy:
Guy Gansfort
D 40882
born: 21.10.1958
Proxy:
Dr. Michael
Winhold
D 50259 Pulheim
authorized to
jointly represent the company
born: 29.12.1955
Marital status:
married
Proxy:
Ulrich Naumann
Weiherweg 4b
D 82194 Gröbenzell
authorized to
jointly represent the company
born: 08.06.1965
Proxy:
Dr. Wolfram
Prößdorf
Wendelsteinstr. 8
d
D 82031 Grünwald
authorized to jointly
represent the company
born: 25.01.1951
Proxy:
Hans-joachim Fox
D 80331 München
authorized to
jointly represent the company
born: 01.12.1960
Proxy:
Guy Gansfort
D 40882
authorized to
jointly represent the company
born: 21.10.1958
Proxy:
Dr. Karl-Martin
Schellerer
Dorfstr. 13
D 85737 Ismaning
authorized to
jointly represent the company
born: 10.01.1969
Proxy:
Peter Kammerhofer
Ortlehnerstr. 48
D 84508
Burgkirchen
born: 22.09.1960
Proxy:
Dr. Thomas Karcher
D 84568
Pleiskirchen
authorized to
jointly represent the company
born: 20.09.1962
Proxy:
Dr. Thomas Brock
D 85435 Erding
authorized to
jointly represent the company
born: 28.09.1961
Proxy:
Stefan Pohlmann
D 50667 Köln
authorized to
jointly represent the company
born: 21.02.1966
Proxy:
Michael Freise
D 50374 Erftstadt
authorized to
jointly represent the company
born: 11.12.1956
Proxy:
Andreas Kränzle
D 84508
Burgkirchen
authorized to
jointly represent the company
born: 15.02.1962
Proxy:
Dr. Peter Spes
D 84508
Burgkirchen
authorized to
jointly represent the company
born: 07.03.1958
Proxy:
Francesco Talarico
D 86447 Aindling
authorized to
jointly represent the company
born: 11.03.1969
Proxy:
Jürgen Luderer
D 85591
Vaterstetten
authorized to
jointly represent the company
born: 27.06.1970
Sectors
2229
Manufacture of other plastic products
Branch:
Vinnolit GmbH & Co KG
Emdener Str. 117
D 50769 Köln
TEL.: 0221/7178497
Branch:
Vinnolit GmbH & Co KG
Chemiepark Knapsack
D 50354 Hürth
TEL.: 02233/480
Branch:
Vinnolit GmbH & Co KG
Johannes-Hess-Str. 24
D 84489 Burghausen
Branch:
Vinnolit GmbH & Co KG
Industrieparkstr. 1
D 84508 Burgkirchen
Limited partner:
InfraServ GmbH & Co.
Gendorf KG
Industrieparkstr. 1 Werk
Gendorf
D 84508 Burgkirchen
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 2,556,459.41
contribution:
Share: EUR 281,210.53
Reg. data: 20.03.1997
Local court
83278 Traunstein
HRA 6463
Limited partner:
InfraServ GmbH & Co.
Knapsack KG
Industriestr. 300
D 50354 Hürth
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 1,687,263.21
contribution:
Share: EUR 383,468.91
Reg. data: 25.02.1997
Local court
50939 Köln
HRA 18732
Limited partner:
Vinnolit Kunststoff GmbH &
Co. KG
Carl-Zeiss-Ring 25
D 85737 Ismaning
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: dissolved since: 29.08.2003
Total cap. EUR 153,387.56
contribution:
Share: EUR 153,387.56
Reg. data: 12.01.1998
Local court
80797 München
HRA 72198
Limited partner:
EPS Ethylen-Pipeline-Süd
GmbH & Co. KG
Prinzregentenstr. 18
D 80538 München
Legal form: Ltd
partnership with priv. ltd.
company as
general partner
Company Status: active
Total cap. EUR 700,000.00
contribution:
Share: EUR 76,800.00
Reg. data: 02.01.2007
Local court
80797 München
HRA 89363
Shareholder:
Vinnolit Schkopau GmbH
Carl-Zeiss-Ring 25
D 85737 Ismaning
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 25,000.00
Reg. data: 02.06.1999
Local court
80797 München
HRB 125891
Shareholder:
EPS Ethylen-Pipeline-Süd
Geschäftsführungs
GmbH
Prinzregentenstr. 18
D 80538 München
Legal form: Private
limited company
Company Status: active
Share capital: EUR 25,000.00
Share: EUR 2,050.00
Reg. data: 15.12.2006
Local court
80797 München
HRB 165405
Payment
experience: within agreed terms
Negative
information We have no negative
information at hand.
Maximum
credit: 250,000 EUR
Balance sheet year: 2010
Type of ownership: Tenant
Address Carl-Zeiss-Ring
25
D 85737 Ismaning
Real Estate of: Vinnolit
Geschäftsführungs GmbH
Type of ownership: Tenant
Address Carl-Zeiss-Ring
25
D
85737 Ismaning
Land register documents were not available.
Principal bank
COMMERZBANK, MÜNCHEN
Sort. code: 70040041, Account no.: 1333038,
BIC: COBADEFF700
Further banks
UNICREDIT BANK - HYPOVEREINSBANK, MÜNCHEN
Sort. code: 70020270, Account no.: 82830, BIC:
HYVEDEMMXXX
COMMERZBANK VORMALS DRESDNER BANK, FRANKFURT
AM MAIN
Sort. code: 50080000, Account no.: 90 90 3800,
BIC: DRESDEFFXXX
THE ROYAL BANK OF SCOTLAND, NIEDERLASSUNG
DEUTSCHLAND, FRANKFURT
AM MAIN
Sort. code: 50230400, Account no.: 6710413004,
BIC: ABNADEFFFRA
Turnover:
2009 EUR 646,923,688.00
2010 EUR 798,833,286.00
Profit:
2009 EUR
-58,441,653.00
2010 EUR -7,419,406.00
further business figures:
Ac/ts receivable: EUR 121,927,216.00
Liabilities: EUR 465,656,335.00
Employees:
1,312
- thereof permanent staff: 1,282
Balance sheet ratios 01.01.2010 - 31.12.2010
Equity ratio [%]: 0.64
Liquidity ratio: 0.29
Return on total capital [%]: -1.21
Balance sheet ratios 01.01.2009 - 31.12.2009
Equity ratio [%]: 2.09
Liquidity ratio: 0.27
Return on total capital [%]: -11.21
Balance sheet ratios 01.01.2008 - 31.12.2008
Equity ratio [%]: 11.92
Liquidity ratio: 0.29
Return on total capital [%]: -1.34
Balance sheet ratios 01.01.2007 - 31.12.2007
Equity ratio [%]: 13.54
Liquidity ratio: 0.35
Return on total capital [%]: 0.99
Equity ratio
The equity ratio indicates the portion of the
equity as compared to the total capital. The higher the equity ratio, the
better the economic stability (solvency) and thus the financial autonomy of a
company.
Liquidity ratio
The liquidity ratio shows the proportion
between adjusted receivables and net liabilities. The higher the ratio, the
lower the company's financial dependancy from external creditors.
Return on total capital
The return on total capital shows the
efficiency and return on the total capital employed in the company. The higher
the return on total capital, the more economically does the company work with
the invested capital.
Balance sheet grade
The balance sheet grade is based on the
following ratios: equity ratio, liquidity ratio and return on total capital
from the balance sheets published in the Federal Gazette. It is calculated in
accordance with the methodology of Euler Hermes.
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2010 - 31.12.2010
ASSETS EUR 527,656,655.47
Fixed
assets EUR 298,412,808.02
Intangible
assets EUR 367,431.00
Tangible
assets EUR 244,143,770.41
Financial
assets EUR 53,901,606.61
Current
assets EUR 225,851,964.10
Stocks EUR 58,802,805.29
Accounts
receivable EUR 121,927,216.70
Trade
debtors EUR 89,652,493.60
Amounts due
from related companies EUR 1,113,228.33
Other
debtors and assets EUR 31,161,494.77
Investments
in current assets EUR 41,255.80
Other
investments EUR 41,255.80
Liquid
means EUR 45,080,686.31
Remaining other
assets EUR 3,391,883.35
Accruals
(assets) EUR 3,391,883.35
LIABILITIES EUR 527,656,655.47
Shareholders'
equity EUR 4,679,662.19
Capital EUR 5,000.00
Limited
partner's capital / capital
of
partially liable partner (LP)
EUR 5,000.00
Limited
partner's capital, fixed
capital,
capital account I EUR 5,000.00
Reserves
EUR 15,333,756.44
Reserves
for business partnerships EUR 15,333,756.44
Balance
sheet profit/loss (+/-) EUR -10,659,094.25
Profit /
loss brought forward EUR -3,239,688.08
Annual
surplus / annual deficit EUR -7,419,406.17
Provisions EUR 52,382,658.13
Pension
provisions and comparable
provisions
EUR 27,322,902.45
Provisions
for taxes EUR 1,161,442.00
Other /
unspecified provisions EUR 23,898,313.68
Liabilities EUR 465,656,335.15
Financial
debts EUR 364,665,672.81
Liabilities
due to banks EUR 364,665,672.81
Other
liabilities EUR 100,990,662.34
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 73,040,998.82
Liabililties
due to related companiesEUR
6,787,124.24
Liabilities
due to investee companiesEUR
13,960,653.93
Unspecified
other liabilities EUR 7,201,885.35
Other
liabilities EUR 4,938,000.00
Deferrals (liabilities) EUR 4,938,000.00
Guarantees
and other commitments EUR 48,516,711.00
Letters of
support EUR 4,916,711.00
Other
guarantees and other commitmentsEUR
43,600,000.00
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 798,833,285.68
Inventory
change + own costs (+/-) EUR 13,686,326.16
Inventory
change (+/-) EUR 13,600,240.38
Capitalised
own costs EUR 86,085.78
Other
operating income EUR 11,751,539.68
Cost of
materials EUR 522,031,155.93
Raw materials
and supplies, purchased
goods EUR 522,031,155.93
Gross result
(+/-) EUR 302,239,995.59
Staff
expenses EUR 97,277,032.76
Total
depreciation EUR 41,727,654.90
Depreciation
on tangible / intangible
asssets
(incl. start-up and exp. of
bus. EUR 41,727,654.90
Other
operating expenses EUR 141,538,872.97
Operating
result from continuing
operations EUR 21,696,434.96
Result from
participating interests
(+/-) EUR 2,778,034.90
Expenses /
income from participations EUR
2,778,034.90
Income from
related companies EUR 2,778,034.90
Interest
result (+/-) EUR -25,876,982.30
Interest and
similar income EUR 592,903.33
Interest and
similar expenses EUR 26,469,885.63
Other
financial result EUR 1,235,994.24
Income from
securities and loans from
financial
assets EUR 1,235,994.24
Financial
result (+/-) EUR -21,862,953.16
Result from
ordinary operations (+/-) EUR -166,518.20
Extraordinary
expenses EUR 1,059,469.00
Extraordinary
result (+/-) EUR -1,059,469.00
Income tax /
refund of income tax (+/-)EUR
-925,826.94
Other taxes /
refund of taxes EUR -5,267,592.03
Tax
(+/-)
EUR -6,193,418.97
Annual
surplus / annual deficit EUR -7,419,406.17
Type of balance
sheet:
Company balance sheet
Financial year:
01.01.2009 - 31.12.2009
ASSETS EUR 522,712,744.63
Fixed
assets EUR 318,694,825.02
Intangible
assets EUR 2,364,410.02
Tangible
assets EUR 266,027,283.23
Financial
assets EUR 50,303,131.77
Current
assets EUR 200,318,414.10
Stocks EUR 46,533,083.87
Accounts
receivable EUR 110,105,134.39
Trade
debtors EUR 71,139,092.66
Amounts due
from related companies EUR 903,843.28
Other
debtors and assets EUR
38,062,198.45
Investments
in current assets EUR 21,334.43
Other
investments EUR 21,334.43
Liquid
means EUR 43,658,861.41
Remaining
other assets EUR 3,699,505.51
Accruals
(assets) EUR 3,699,505.51
LIABILITIES EUR 522,712,744.63
Shareholders'
equity EUR 12,099,068.36
Capital EUR 5,000.00
Limited
partner's capital / capital
of
partially liable partner (LP)
EUR 5,000.00
Limited
partner's capital, fixed
capital,
capital account I EUR 5,000.00
Reserves EUR 15,333,756.44
Reserves
for business partnerships EUR 15,333,756.44
Balance
sheet profit/loss (+/-) EUR -3,239,688.08
Profit /
loss brought forward EUR 55,201,964.88
Annual
surplus / annual deficit EUR -58,441,652.96
Provisions EUR 62,795,095.04
Pension
provisions and comparable
provisions
EUR 25,982,991.35
Other /
unspecified provisions EUR 36,812,103.69
Liabilities EUR 447,818,581.23
Financial
debts EUR 368,237,434.08
Liabilities
due to banks EUR 368,237,434.08
Other liabilities EUR 79,581,147.15
Trade
creditors (for IAS incl. bills
of
exchange)
EUR 57,425,040.81
Liabilities
from received advance
payments
EUR 421,932.46
Liabililties due to related companiesEUR 5,972,095.96
Liabilities
due to investee companiesEUR
13,070,929.80
Unspecified
other liabilities EUR 2,691,148.12
Guarantees
and other commitments EUR 48,116,711.00
Letters of
support EUR 4,916,711.00
Other
guarantees and other commitmentsEUR
43,200,000.00
Profit and loss account (cost-summary method)
according to Comm.
Code (HGB)
Sales EUR 646,923,688.46
Inventory
change + own costs (+/-) EUR -15,490,475.98
Inventory
change (+/-) EUR -16,554,851.33
Capitalised
own costs EUR 1,064,375.35
Other operating
income EUR 8,372,419.00
Cost of
materials EUR 409,982,852.14
Gross result
(+/-) EUR 229,822,779.34
Staff
expenses EUR 92,439,908.66
Total
depreciation EUR 45,341,904.77
Other
operating expenses EUR 122,772,922.35
Operating
result from continuing
operations EUR -30,731,956.44
Result from
participating interests
(+/-) EUR 3,458,233.98
Expenses /
income from participations EUR
3,458,233.98
Income from
related companies EUR 3,458,233.98
Interest
result (+/-) EUR -26,361,594.21
Other
financial result EUR 1,004,521.33
Income from
securities and loans from
financial
assets EUR 1,004,521.33
Financial
result (+/-) EUR -21,898,838.90
Result from
ordinary operations (+/-) EUR -52,630,795.34
Income tax /
refund of income tax (+/-)EUR
-1,789,114.51
Other taxes /
refund of taxes EUR -4,021,743.11
Tax
(+/-)
EUR -5,810,857.62
Annual
surplus / annual deficit EUR -58,441,652.96
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.53.71 |
|
UK Pound |
1 |
Rs.86.34 |
|
Euro |
1 |
Rs.69.23 |
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%)
This report is issued at your request without any risk
and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its
officials.