MIRA INFORM REPORT

Report Date :

17.05.2012

IDENTIFICATION DETAILS

Name :	SAMIR GEMS

Registered Office :	Hoveniersstraat 30 B.279 Antwerpen, 2018

Country :	Belgium

Financials (as on) :	31.12.2010

Year of Establishment :	1982

Com. Reg. No.:	423673729

Legal Form :	Private Subsidiary

Line of Business :	Wholesale of other intermediate products

No. of Employees :	3

RATING & COMMENTS

MIRA’s Rating :

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 – March 31^st, 2012

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Belgium

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company name and address

Top of Form

Bottom of Form

Samir Gems

Hoveniersstraat 30 B.279


Antwerpen, 2018
Belgium

Tel:	03 227 58 53
Fax:	03 226 45 49

Employees:	3
Company Type:	Private Subsidiary
Corporate Family:	156 Companies
Ultimate Parent:	Dalkia S.A.S.

Incorporation Date:	1982

Financials in:	USD (mill)

Fiscal Year End:	31-Dec-2010
Reporting Currency:	Euro
Annual Sales:	149.9 ¹
Total Assets:	64.3

Business Description

Wholesale of other intermediate products

Industry

Industry	Retail (Department and Discount)
ANZSIC 2006:	373 - Furniture, Floor Covering and Other Goods Wholesaling
NACE 2002:	5156 - Wholesale of other intermediate products
NAICS 2002:	4239 - Miscellaneous Durable Goods Merchant Wholesalers
UK SIC 2003:	5156 - Wholesale of other intermediate products
US SIC 1987:	509 - Miscellaneous Durable Goods

Key Executives

Name	Title
Samir Jayantilal Bhansali	Managing Director
Sunil Arvindkumar Shah	Administrator
Meera Zaveri	Administrator
Bart Filip Gerard Meynendonckx	Representative/Auditor

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
Hoveniersstraat 30 B.279
Antwerpen, 2018
Belgium

Tel:	03 227 58 53
Fax:	03 226 45 49

Suggest Company URL

Sales EUR(mil):	113.2
Assets EUR(mil):	47.9
Employees:	3
Fiscal Year End:	31-Dec-2010


Industry:	Retail (Department and Discount)

Incorporation Date:	1982
Company Type:	Private Subsidiary
Quoted Status:	Not Quoted
Registered No.(VAT):	423673729


Managing Director:	Samir Jayantilal Bhansali

Contents

ANZSIC 2006 Codes:
3739	-	Other Goods Wholesaling Not Elsewhere Classified
373	-	Furniture, Floor Covering and Other Goods Wholesaling

NACE 2002 Codes:
5147	-	Wholesale of other household goods
5156	-	Wholesale of other intermediate products

NAICS 2002 Codes:
4239	-	Miscellaneous Durable Goods Merchant Wholesalers
423990	-	Other Miscellaneous Durable Goods Merchant Wholesalers

US SIC 1987:
509	-	Miscellaneous Durable Goods
5099	-	Durable Goods, Not Elsewhere Classified

UK SIC 2003:
51479	-	Wholesale of other household goods not elsewhere classified
5156	-	Wholesale of other intermediate products

Business Description

Wholesale of other intermediate products

Financial Data

Financials in:	EUR(mil)

Revenue:	113.2
Assets:	47.9
Current Assets:	44.5
Fixed Assets:	3.5
Total Liabilities:	47.9
Issued Capital:	20.0
Net Worth:	20.0

Date of Financial Data:	31-Dec-2010

1 Year Growth

Corporate Structure News

Samir Gems Total Corporate Family Members: 156

Company Name	Company Type	Location	Country	Industry	Sales (USD mil)	Employees
Dalkia S.A.S.	Parent
Dalkia Polska S.A.	Subsidiary	Warszawa	Poland	Miscellaneous Financial Services	643.2	6,054
Dalkia LÃ³dz S.A.	Subsidiary	LÃ³dz	Poland	Electric Utilities	317.8	1,575
Dalkia term S.A.	Subsidiary	Warszawa	Poland	Business Services	75.3	884
Przedsiebiorstwo Energetyki Cieplnej Sp. z.o.o. w Chrzanowie	Subsidiary	ChrzanÃ³w	Poland	Business Services	38.6	134
Dalkia S.A.S.	Subsidiary	Paris La DÃ©fense Cedex	France	Miscellaneous Capital Goods	8,135.8	2,900
Dalkia	Subsidiary	Bruxelles	Belgium	Construction Services	187.9	1,378
Etablissements Francis Et Tytgat	Subsidiary	Melle	Belgium	Construction Services	16.3	124
Quintiens	Subsidiary	Melle	Belgium	Construction Services	4.7	35
Relaitron	Subsidiary	Bruxelles	Belgium	Construction Services	4.1	27
Sanivest	Subsidiary	Bruxelles	Belgium	Business Services	3.0	25
Rubens Parking	Subsidiary	Bruxelles	Belgium	Real Estate Operations	2.9	25
Nomos	Subsidiary	Bruxelles	Belgium	Security Systems and Services	1.4	13
Cabac	Subsidiary	Bruxelles	Belgium	Construction Services	1.3	13
Samir Gems	Subsidiary	Antwerpen	Belgium	Retail (Department and Discount)	149.9	3
S.I.T.-Fanticrabr International	Subsidiary	Bruxelles	Belgium	Retail (Grocery)	2.7	3
Schades Benelux	Subsidiary	Bruxelles	Belgium	Paper and Paper Products	9.1	2
Mulders Cooltec	Subsidiary	Bruxelles	Belgium	Miscellaneous Capital Goods	1.6
Firma Peelman En Co	Subsidiary	Essene	Belgium	Retail (Specialty)	0.8
Hedadiam	Subsidiary	Antwerpen	Belgium	Retail (Department and Discount)	0.6
Danpower Energie Service GmbH	Subsidiary	Potsdam, Brandenburg	Germany	Electric Utilities	75.3	160
Danpower Energie Service Leinefelde GmbH & Co. KG	Subsidiary	Leinefelde, ThÃ¼ringen	Germany	Electric Utilities		43
Dalkia SAS	Joint Venture	Saint AndrÃ© Lez Lille	France	Construction Services	9,580.6	3
Dalkia France SCA	Subsidiary	Saint AndrÃ© Lez Lille	France	Miscellaneous Capital Goods	3,034.7	9,693
CitÃ©lum SA	Subsidiary	Paris	France	Construction Services	170.9	645
Co.Ve.Di. Compagnia Veneziana di Illuminazione SRL	Subsidiary	Milano, Milano	Italy	Construction Services	12.4	18
Citegestion	Subsidiary	Paris	France	Software and Programming	2.5	14
Riani Eclairage Public	Subsidiary	Trieux	France	Construction Services	1.8	14
Edelcom	Subsidiary	Paris	France	Office Equipment	4.9	7
E 2 S	Subsidiary	Villeurbanne	France	Business Services	27.6	149
Climatelec	Subsidiary	Contres	France	Construction Services	24.8	85
Soc Nicoise Realisation Thermique	Subsidiary	Nice	France	Business Services	36.4	74
Generale De Teleactivites	Subsidiary	St Andre Lez Lille	France	Miscellaneous Financial Services	9.1	74
Productions Et Distributions Thermiques	Subsidiary	Lyon	France	Business Services	7.7	74
Soc Dexploitation Thermique Du Mirail	Subsidiary	Toulouse	France	Business Services	30.6	60
PÃ©rin FrÃ¨res SA	Subsidiary	St AndrÃ© Lez Lille	France	Business Services	32.9	34
Societe De Chauffage Urbain De Creteil	Subsidiary	Creteil	France	Business Services	32.8	34
Mantaise Exploitation Chauffage	Subsidiary	Issy Les Moulineaux	France	Business Services	15.2	34
Omnium Thermique Des Grands Ensembles	Subsidiary	Lyon	France	Business Services	11.8	34
Somesys	Subsidiary	Marseille	France	Business Services	14.7	20
Thermulis	Subsidiary	Les Ulis	France	Business Services	38.5	14
Societe De Chauffage Dorleans La Source	Subsidiary	Orleans	France	Business Services	16.5	14
Someer-Pavesi	Subsidiary	Luynes	France	Construction - Raw Materials	5.7	14
Solycaf Combustibles SNC	Subsidiary	Saint AndrÃ© Lez Lille	France	Oil and Gas Operations	153.5	10
Nantaise De Distribution De Chaleur (Ste)	Subsidiary	Nantes	France	Business Services	7.6	4
Soc De Realisations Thermiques Du Nord	Subsidiary	St Andre Lez Lille	France	Business Services	1.5	4
Climatisation De Suresnes (Societe De)	Subsidiary	Issy Les Moulineaux	France	Oil and Gas Operations	8.4	1
Cogestar SNC	Subsidiary	Saint AndrÃ© Lez Lille	France	Electric Utilities	278.3
Cogestar 2 SNC	Subsidiary	Saint AndrÃ© Lez Lille	France	Electric Utilities	178.5	20
Societe De Cogeneration De Tavaux	Subsidiary	Pulnoy	France	Electric Utilities	46.6
Sa Etud Realis Gestion Reseau Chaleur Nd	Subsidiary	St Andre Lez Lille	France	Business Services	44.3
Soc De Cogeneration De Picardie Socopic	Subsidiary	Amiens	France	Electric Utilities	40.8
Soc Nouvelle Exploit Thermique Esplanade	Subsidiary	Geispolsheim	France	Business Services	18.3
Strasbourg Energie	Subsidiary	Geispolsheim	France	Business Services	17.8
Societe De Chauffage Des Bords Du Cher	Subsidiary	Tours	France	Business Services	15.3
Soc Valoris Energie Ile De France Champa	Subsidiary	Issy Les Moulineaux	France	Miscellaneous Financial Services	14.8
Societe De Valorisation De Lenergie	Subsidiary	St Andre Lez Lille	France	Miscellaneous Financial Services	14.6
Soc De Climatisation De Courbevoie	Subsidiary	Issy Les Moulineaux	France	Construction Services	14.0
Distribution De Chaleur De Limoges (Societe De)	Subsidiary	Limoges	France	Business Services	9.7
La Normande De Cogeneration	Subsidiary	Caen	France	Miscellaneous Financial Services	9.3
Calais Energie	Subsidiary	Calais	France	Business Services	7.3
Chauffage Et Climatisation A Puteaux	Subsidiary	Puteaux	France	Construction Services	6.0
Tecni Sa	Subsidiary	Issy Les Moulineaux	France	Construction Services	2.2
Sogepark	Subsidiary	Antony	France	Personal Services	17.1	374
Societe De Participations Investissements Diversifies 2	Subsidiary	Puteaux	France	Miscellaneous Financial Services
Dalkia do Brasil Ltda	Subsidiary	Sao Paulo, SP	Brazil	Electric Utilities		4,300
Dalkia CeskÃ¡ republika, a.s.	Subsidiary	Ostrava	Czech Republic	Business Services	670.2	2,143
Dalkia KolÃn, a.s.	Subsidiary	KolÃn	Czech Republic	Electric Utilities	24.8	99
Dalkia Energia Y Servicios Sa	Subsidiary	Madrid	Spain	Electric Utilities	106.2	1,014
Agefred Servicio Sa	Subsidiary	Barcelona	Spain	Business Services	53.5	550
Altair Ingenieria Y Aplicaciones Sociedad Anonima	Subsidiary	Bergondo, La CoruÃ±a	Spain	Construction Services	46.5	121
Ageval Servicio SA	Subsidiary	Alicante	Spain	Business Services	1.2	115
Agefred Sa	Subsidiary	Barcelona	Spain	Business Services	42.3	67
Ageval Servicio SA	Subsidiary	Castellon de la Plana	Spain	Business Services	1.0	60
Ageval Sa	Subsidiary	Valencia	Spain	Miscellaneous Capital Goods	9.9	23
Dalkia Contracting Sl	Subsidiary	Madrid	Spain	Construction Services	26.5	10
Giroa SA	Subsidiary	San Sebastian	Spain	Business Services
Ageval Servicio SA	Subsidiary	Lorqui, Murcia	Spain	Business Services
Vilniaus Energija	Subsidiary	Vilnius	Lithuania	Business Services		750
Dalkia Energia Energetikai SzolgÃ¡ltatÃ³ Zrt	Subsidiary	Budapest	Hungary	Business Services	235.3	736
Pannonpower Holding VagyonkezlÃµ Zrt	Subsidiary	PÃ©cs	Hungary	Electric Utilities		350
Hanbul Energy Management Co. Ltd.	Joint Venture	Seoul	Korea, Republic of	Electric Utilities	1.0	650
Sadmitec S.A.	Subsidiary	Buenos Aires	Argentina	Electric Utilities	32.7	500
Chauffage Rationnel & Applic Modernes	Subsidiary	Le Havre	France	Business Services	126.3	374
Veolia Environnement Services Tertiaires A Lindustrie Et Lauto Mobile	Subsidiary	Clamart	France	Business Services	114.2	374
Dalkia Limited	Subsidiary	Dublin	Ireland	Business Services	51.2	373
Valorec Services AG	Subsidiary	Basel	Switzerland	Business Services	13,883.8	300
Tallinna Kute	Subsidiary	Tallinn	Estonia	Business Services	53.9	270
Sterience	Subsidiary	Boulogne Billancourt	France	Miscellaneous Financial Services	26.6	224
Dikeos	Subsidiary	Tours	France	Construction Services	13.4	224
Dalkia International SA	Subsidiary	Saint AndrÃ© Lez Lille	France	Construction Services	6,005.6	149
SIRAM SpA	Subsidiary	Milano, MI	Italy	Engineering Consultants	845.7	2,587
Si.M.Av. Sistemi di Manutenzione Avanzati SpA	Subsidiary	Roma, Roma	Italy	Construction Services	100.9	530
Simmec SpA	Subsidiary	Pomigliano D'Arco, Napoli	Italy	Construction Services	14.1	92
Manutenzioni Lavori Servizi Simav SRL	Subsidiary	Roma, Roma	Italy	Construction Services	2.8	29
Emicom Service SRL	Subsidiary	Massa Martana, Perugia	Italy	Business Services	55.2	432
Semitec SRL	Subsidiary	Massa Martana, Perugia	Italy	Construction Services	44.7	210
Irene SRL	Subsidiary	Milano, Milano	Italy	Construction Services	72.1	1
S.En.Al.Pa. SpA	Subsidiary	Venezia, Venezia	Italy	Engineering Consultants	8.3	1
Niguarda Lavori Soc. Cons. A Rl	Subsidiary	Milano, Milano	Italy	Business Services	4.1	1
Dalkia Ireland Public Limited Company	Subsidiary	Swords, Co Dublin	Ireland	Construction Services	99.3	476
Dalkia Alternative Energy Limited	Subsidiary	Swords	Ireland	Construction Services	36.6	1
Askeaton Power Limited	Subsidiary	Swords	Ireland	Electric Utilities	1.1	1
Dalkia Chp Limited	Subsidiary	Swords	Ireland	Electric Utilities	19.4
G V Power Limited	Subsidiary	Swords	Ireland	Electric Utilities	6.3
Ballyragget Power Limited	Subsidiary	Swords	Ireland	Electric Utilities	6.2
Dalkia Ireland Investments Limited	Subsidiary		Ireland	Commercial Banks
Dalkia GmbH	Subsidiary	Hamburg, Hamburg	Germany	Electric Utilities		60
Dalkia, Sgps, S.A.	Subsidiary	PaÃ§o De Arcos, Oeiras	Portugal	Commercial Banks	0.0	20
Dalkia - Energia E ServiÃ§os, S.A.	Subsidiary	PaÃ§o De Arcos, Oeiras	Portugal	Construction Services	15.9	160
Gaspar Correia - InstalaÃ§Ãµes TÃ©cnicas Especiais, S.A.	Subsidiary	PaÃ§o De Arcos, Oeiras	Portugal	Construction Services	27.0	58
Portambiente - Tratamento De ResÃduos Industriais, S.A.	Subsidiary	Maia, Maia	Portugal	Waste Management Services	24.4	53
SociÃ©tÃ© de Participations et d'Investissements DiversifiÃ©s 2 SA	Subsidiary	Puteaux	France	Construction Services
Dalkia Termika S.A.	Subsidiary	Warsaw	Poland	Electric Utilities		85
Sce Environnement Developpement Sante	Subsidiary	Issy Les Moulineaux	France	Business Services	14.5	74
Dalkia AB	Subsidiary	Stockholm	Sweden	Construction Services	12.0	74
Dalkia Industripartner AB	Subsidiary	Stockholm	Sweden	Business Services	66.7	1,500
Office D Ingenierie Sanitaire	Subsidiary	Asnieres Sur Seine	France	Miscellaneous Financial Services	5.3	74
Dalkia AB	Subsidiary	Stockholm, Stockholm	Sweden	Personal Services	15.5	72
Dalkia BV	Subsidiary	Nieuwegein	Netherlands	Electric Utilities		40
Dalkia Installatietechniek B.V.	Subsidiary	Nieuwegein, Utrecht	Netherlands	Construction Services		63
Dalkia Industriediensten B.V.	Subsidiary	Nieuwegein, Utrecht	Netherlands	Construction - Supplies and Fixtures		25
Dalkia Gebouwenbeheer B.V.	Subsidiary	Nieuwegein, Utrecht	Netherlands	Construction Services		19
Dbu Utiliteit Techniek B.V.	Subsidiary	Nieuwegein, Utrecht	Netherlands	Construction Services
Dbu Industrie Techniek B.V.	Subsidiary	Nieuwegein, Utrecht	Netherlands	Construction Services
Dalkia Atlantique Services	Subsidiary	Tours	France	Miscellaneous Financial Services	40.9	34
Societe Urbaine De Climatisation	Subsidiary	Issy Les Moulineaux	France	Construction Services	11.0	34
Samex	Subsidiary	Issy Les Moulineaux	France	Construction Services	10.0	34
Soc Multiservices St Quentin En Yvelines	Subsidiary	Guyancourt	France	Business Services	8.6	34
Gespace France	Subsidiary	St Andre Lez Lille	France	Construction Services	7.0	34
Sogeth Soc Generale Thermique	Subsidiary	Lognes	France	Business Services	6.3	34
Dalkia Portugal	Subsidiary	Oeiras	Portugal	Electric Utilities		30
AS Erakute	Subsidiary	Tallinn	Estonia	Business Services	8.0	18
Chauffage Urbain D Autun	Subsidiary	Autun	France	Business Services	0.0	7
Dalkia S.A.	Subsidiary	Puteaux	France	Business Services	175.0
Dalkia Romania	Subsidiary	Bucharest	Romania	Electric Utilities	85.0
Energie Lyon Villeurbanne - E.L.V.Y.A.	Subsidiary	Lyon	France	Business Services	36.3
PÃ©rin FrÃ¨res S.A.	Subsidiary	Charleville-MÃ©ziÃ¨res	France	Oil and Gas Operations	22.5
Cyel Cie Chauf Urbain Cergy Pontoise	Subsidiary	St Ouen L Aumone	France	Business Services	21.5
Soc Valmy Defense 10 En Abrege Svd 10	Subsidiary	St Andre	France	Business Services	17.9
Energie Grand Littoral	Subsidiary	Dunkerque	France	Construction Services	15.8
Industelec Services Ile De France	Subsidiary	Issy Les Moulineaux	France	Miscellaneous Financial Services	5.4
Sarcelles Investissements	Subsidiary	Issy Les Moulineaux	France	Business Services	3.5
Valmy Energies	Subsidiary	St Andre Lez Lille	France	Electric Utilities	1.2
Soc De Developpement Du Chauffage Devry	Subsidiary	Issy Les Moulineaux	France	Construction Services	0.0
Veetra	Subsidiary	Paris	France	Computer Services	0.0
Esener S.A.	Joint Venture	Santiago	Chile	Electric Utilities
Dalkia Energia y Servicios S.A de C.V.	Subsidiary	Mexico	Mexico	Business Services
Dalkia Chile	Subsidiary	Providencia	Chile	Business Services
Mons Energie	Subsidiary	St Andre Lez Lille	France	Commercial Banks
Dalkia SrL	Subsidiary	Milan	Italy	Electric Utilities
Dalkia Investissement	Subsidiary	St Andre Lez Lille	France	Miscellaneous Financial Services	4.3
Flandres Energies	Subsidiary	St Andre Lez Lille	France	Business Services	42.0	4
Franche Comte Energies	Subsidiary	Pulnoy	France	Business Services	27.7
Champenoise Energies	Subsidiary	Pulnoy	France	Electric Utilities	13.6
Dalkia Croatia	Subsidiary	Zagreb	Croatia	Metal Mining

Executives Report

Executives

Name

Title

Function

Samir Jayantilal Bhansali

Managing Director

Sunil Arvindkumar Shah

Administrator

Administration Executive

Meera Zaveri

Administrator

Administration Executive

Bart Filip Gerard Meynendonckx

Representative/Auditor

Accounting Executive

Annual Profit & Loss

	31-Dec-2010	31-Dec-2009	31-Dec-2008
Period Length	52 Weeks	52 Weeks	52 Weeks
Filed Currency	EUR	EUR	EUR
Exchange Rate (Period Average)	0.755078	0.719047	0.683679
Consolidated	No	No	No

Turnover	149.9	105.6	189.3
Other Operating Income	0.0	0.0	0.5
Operating Income	149.9	105.6	189.8
Purchases	141.4	105.5	187.6
Increase or Decrease in Stocks	6.1	-2.2	-2.7
Raw Materials, Consumables, and Goods for Release	147.5	103.4	185.0
Services and Sundry Goods	0.6	0.7	0.7
Remuneration, Social Security Charges, and Pensions	0.1	0.1	0.1
Depreciation of and Other Amounts Written Off of Formation Expense, Intangible and Tangible Fixed Assets	0.1	0.0	0.0
Other Operating Charges	0.0	0.0	0.0
Operating Charges	148.4	104.2	185.8
Income From Current Assets	0.0	0.0	0.0
Other Financial Income	0.0	0.0	0.0
Financial Income	0.0	0.0	0.0
Interest and Other Debt Charges	1.3	1.3	3.7
Other Financial Charges	0.0	0.0	0.0
Financial Charges	1.3	1.3	3.7
Income Taxes	0.1	0.1	0.1
Adjustment of Income Taxes and Write-Back of Tax Provisions	0.0	-	-
Income Taxes	0.1	0.1	0.1
To Capital and Share Premium Account	-	-	0.0
To the Legal Reserve	0.0	0.0	-
Transfers to Capital and Reserves	0.0	0.0	0.0
Employees	3	3	3

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

Land & Buildings	4.4	4.2	3.8
Plant, Machinery, and Equipment	0.0	0.0	0.0
Furniture and Vehicles	0.2	0.1	0.1
Tangible Assets	4.6	4.3	3.9
Shares	0.0	0.0	0.0
Amounts Receivable and Cash Guarantees	0.0	0.0	0.0
Other Capital Assets	0.0	0.0	0.0
Capital Assets	0.0	0.0	0.0
Fixed Assets	4.6	4.4	3.9
Goods Purchased for Resale	20.6	28.6	25.6
Stocks	20.6	28.6	25.6
Inventory and Orders in Progress	20.6	28.6	25.6
Trade Debtors	38.5	54.6	79.9
Other Amounts Receivable	0.4	0.3	0.3
Amounts Receivable Within One Year	38.9	54.9	80.3
Liquid Assets	0.1	0.1	0.5
Adjustment Accounts	-	0.0	0.0
Current Assets	59.7	83.6	106.3
Total Assets	64.3	88.0	110.2
Issued Capital	26.8	28.7	27.8
Capital	26.8	28.7	27.8
Gain From Revaluation of Assets	0.4	0.5	0.4
Legal Reserve	0.1	0.0	0.0
Other	5.5	5.9	5.7
Reserves Not Available for Distribution	5.5	5.9	5.7
Reserves	5.6	5.9	5.7
Capital and Reserves	33.0	35.2	33.9
Subordinated Loans	5.1	5.0	5.0
Credit Institutions	2.3	2.8	2.9
Financial Debts	7.4	7.8	8.0
Amounts Due After More Than One Year	7.4	7.8	8.0
Current Portion of Amounts Payable After More Than One Year	0.2	0.2	0.2
Credit Institutions	19.2	30.6	45.3
Other Loans	2.0	2.0	2.0
Financial Debts	21.2	32.7	47.3
Suppliers	2.4	12.0	20.6
Trade Debts	2.4	12.0	20.6
Taxes	0.0	0.0	0.0
Remuneration and Social Security	0.0	0.0	0.0
Taxes, Wages, and Social Security	0.0	0.0	0.0
Other Amounts Payable	0.0	0.0	0.0
Amounts Payable Within One Year	23.9	45.0	68.2
Adjustment Accounts	0.0	0.0	0.1
Creditors	31.3	52.8	76.3
Total Liabilities + Shareholders' Equity	64.3	88.0	110.2

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.54.29
UK Pound	1	Rs.86.61
Euro	1	Rs.68.87

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.

MIRA INFORM REPORT

Company name and address

Corporate Overview

Financial Data

Corporate Structure News

Executives Report

Annual Profit & Loss

Unit