MIRA INFORM REPORT

 

 

 

Report Date :           

26.05.2012

 

company name

 

KraussMaffei Technologies GmbH

 

 

Company address

 

Krauss-Maffei-Str. 2

D 80997 München

Post Box:

500340, D 80973 München

Telephone:        089/8899-0

Telefax:             089/8899-2206

Homepage:        www.kraussmaffei.de

E-mail:              info@kraussmaffei.com

 

 

VAT no           

 

DE182195877

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         27.11.1986

Shareholders'

agreement:                    27.11.1986

Registered on:               01.12.1986

Commercial Register:     Local court 80797 München

under:                                       HRB 80388

Share capital:                 EUR          5,120,000.00

 

 

Shareholder

 

KraussMaffei Financial Services GmbH

Krauss-Maffei-Str. 2

D 80997 München

Legal form: Private limited company

Share capital:     EUR             25,000.00

Share:             EUR          5,120,000.00

Registered on: 21.02.2003

Reg. data: 80797 München, HRB 146750

 

 

Manager

 

Hans Ulrich Golz

Uhlandstr. 8

D 66955 Pirmasens

born: 16.11.1960

Profession: Businessman

Marital status: married

 

Manager:

Dr. Karlheinz Bourdon

Waldstr. 19

D 79312 Emmendingen

born: 12.06.1957

 

Manager:

Frank Peters

D 80333 München

born: 08.09.1966

 

 

President of the Supervisory Board

 

Dr. Dietmar Straub

D 63739 Aschaffenburg

born: 26.09.1954

Profession: Fully qualified physicist

Marital status: married

 

 

Member of the Supervisory Board

 

Peter Sassenfeld

D 82152 Krailling

born: 18.03.1966

 

Member of the Supervisory Board:

Josef Schuster

D 80997 München

born: 27.03.1966

 

 

Representative of the Employees within the Supervisory Board

 

Josef Schuster

D 80997 München

born: 27.03.1966

 

 

Proxy

 

Georg Holzinger

Herzog-Johann-Str. 23

D 81245 München

authorized to jointly represent the company

born: 30.03.1964

 

Proxy:

                      Dr. Wolfgang Molter

                      D 85452 Moosinning

                      authorized to jointly represent the company

                      born: 07.04.1956

 Proxy:

                      Udo Hafer

                      D 58452 Witten

                      authorized to jointly represent the company

                      born: 08.07.1956

 Proxy:

                      Rainer Janotta

                      Feldstr. 38

                      D 49143 Bissendorf

                      authorized to jointly represent the company

                      born: 25.06.1965

                      Profession: Management expert

 Proxy:

                      Peter Oswald

                      D 86949 Windach

                      authorized to jointly represent the company

                      born: 17.09.1955

                      Profession: Businessman

 Proxy:

                      Werner Beckers

                      D 41366 Schwalmtal

                      authorized to jointly represent the company

                      born: 30.09.1954

 Proxy:

                      Jörg Grambart

                      Kiebitzrain 1c

                      D 30938 Burgwedel

                      authorized to jointly represent the company

                      born: 02.11.1965

 Proxy:

                      Paul-Eberhard Kortmann

                      D 30159 Hannover

                      authorized to jointly represent the company

                      born: 18.10.1959

 Proxy:

                      Dr. Jan Christoph Eckert

                      D 82229 Seefeld

                      authorized to jointly represent the company

                      born: 19.10.1969

 Proxy:

                      Michael Bruggesser-Brohlburg

                      Gneisenaustr. 56b

                      D 33330 Gütersloh

                      authorized to jointly represent the company

                      born: 11.07.1960

 Proxy:

                      Dr. Jens Liebhold

                      D 31303 Burgdorf

                      authorized to jointly represent the company

                      born: 17.02.1960

 Proxy:

                      Uwe Altena

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 08.01.1972

 Proxy:

                      Helmut Hackner

                      D 85049 Ingolstadt

                      authorized to jointly represent the company

                      born: 04.02.1965

 Proxy:

                      Prof.Dr. Bernd Poltersdorf

                      D 31552 Rodenberg

                      authorized to jointly represent the company

                      born: 22.10.1946

 Proxy:

                      Daniela Zink

                      D 81545 München

                      authorized to jointly represent the company

                      born: 18.12.1968

 Proxy:

                      Wolfgang Frehsdorf

                      D 80803 München

                      authorized to jointly represent the company

                      born: 30.09.1954

 Proxy:

                      Markus Bauer

                      D 80997 München

                      authorized to jointly represent the company

                      born: 03.08.1966

 Proxy:

                      Maximilian Veit

                      D 80636 München

                      authorized to jointly represent the company

                      born: 22.08.1979

 Proxy:

                      Nicolas Beyl

                      D 80997 München

                      authorized to jointly represent the company

                      born: 21.10.1969

 Proxy:

                      Horst Buchholz

                      D 30159 Hannover

                      authorized to jointly represent the company

                      born: 16.04.1958

 Proxy:

                      Marcus Schramm

                      D 85232 Bergkirchen

                      authorized to jointly represent the company

                      born: 16.11.1967

 Proxy:

                      Franz Guld

                      D 85283 Wolnzach

                      authorized to jointly represent the company

                      born: 24.04.1958

 Proxy:

                      Bengt Schmidt

                      D 80997 München

                      authorized to jointly represent the company

                      born: 25.03.1966

 Proxy:

                      Klaus Bange

                      D 88171 Weiler-Simmerberg

                      authorized to jointly represent the company

                      born: 04.07.1961

 Proxy:

                      Andreas Kessler

                      D 82049 Pullach

                      authorized to jointly represent the company

                      born: 16.05.1975

 Proxy:

                      Herbert Adolf

                      Herzogstandstr. 5

                      D 82387 Antdorf

                      authorized to jointly represent the company

                      born: 25.09.1957

 Proxy:

                      Michael Hofhus

                      D 40764 Langenfeld

                      authorized to jointly represent the company

                      born: 16.04.1956

 Proxy:

                      Egon Türk

                      D 85716 Unterschleißheim

                      authorized to jointly represent the company

                      born: 23.04.1971

 Proxy:

                      Imre Szerdahelyi

                      D 80997 München

                      authorized to jointly represent the company

                      born: 30.04.1968

 Proxy:

                      Kun Wu

                      D 80997 München

                      authorized to jointly represent the company

                      born: 28.07.1960

 Proxy:

                      Emilio Lopez Rodriguez

                      D 80997 München

                      authorized to jointly represent the company

                      born: 13.08.1961

 Proxy:

                      Thomas Treichl

                      D 86916 Kaufering

                      authorized to jointly represent the company

                      born: 09.01.1970


 

 Further functions/participations of Hans Ulrich Golz (Manager)

 

 Manager:

                      KraussMaffei Berstorff GmbH

                      An der Breiten Wiese 3-5

                      D 30625 Hannover

                      Post Box:

                      610360, D 30603 Hannover

                      Legal form: Private limited company

                      Share capital:     EUR         11,510,000.00

                      Registered

                      on:         05.02.1910

                      Reg. data:  30175 Hannover, HRB 3787

 Proxy:

                      KraussMaffei AG

                      Krauss-Maffei-Str. 2

                      D 80997 München

                      Legal form: Public limited company

                      Share capital:     EUR          2,000,000.00

                      Registered

                      on:         11.12.2007

                      Reg. data:  80797 München, HRB 171200

 

Further functions/participations of Dr. Karlheinz Bourdon (Manager)

 

President of the Supervisory Board:

                      Krauss-Maffei Automation AG

                      Möslstr. 19

                      D 85445 Oberding

                      Legal form: Public limited company

                      Share capital:     EUR          4,500,000.00

                      Registered

                      on:         29.06.2000

                      Reg. data:  80797 München, HRB 131850

 Proxy:

                      KraussMaffei AG

                      Krauss-Maffei-Str. 2

                      D 80997 München

                      Legal form: Public limited company

                      Share capital:     EUR          2,000,000.00

                      Registered

                      on:         11.12.2007

                      Reg. data:  80797 München, HRB 171200

 

 

COMPANY HISTORY

 

 01.12.1986 - 02.07.2007  Krauss-Maffei Kunststofftechnik GmbH

                          Krauss-Maffei-Str. 2

                          D 80997 München

                          Private limited company

 02.07.2007 - 12.11.2007  Krauss Maffei GmbH (bis 12.11.2007)

                          Krauss-Maffei-Str. 2

                          D 80997 München

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

21.12.2009 - 07.10.2010  Manager

                          Manfred Reichel

                          D 82194 Gröbenzell

 28.09.2007 - 25.01.2010  President of the Board of Management

                          Josef Märtl

                          D 85399 Hallbergmoos

 30.11.2009 - 21.12.2009  Manager

                          Peter Oswald

                          D 86949 Windach

 30.11.2009 - 21.12.2009  Manager

                          Michael Hofhus

                          D 69509 Mörlenbach

 30.11.2009 - 21.12.2009  Manager

                          Maximilian Veit

                          D 80636 München

 28.09.2007 - 21.12.2009  Manager

                          Peter Sassenfeld

                          D 82152 Krailling

 28.09.2007 - 21.12.2009  Vice-president of the Supervisory Board

                          Peter Krahl

                          D 80333 München

 

 

BUSINESS ACTIVITIES

 

Sectors

28990   Manufacture of other special-purpose machinery n.e.c.

33120   Repair of machinery

46141   Agents involved in the sale of machines (except agricultural machineryand office machinery) and industrial  supplies n.e.c.

4669    Wholesale of other machinery, equipment and supplies

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      KraussMaffei Technologies GmbH

                      An der Heusteige 5

                      D 91757 Treuchtlingen

                      TEL.: 09142/8090

 Branch:

                      KraussMaffei Technologies GmbH

                      Bielefelder Str. 29

                      D 49124 Georgsmarienhütte

                      TEL.: 05401/33920

                      FAX.: 05401/339211

 Branch:

                      KraussMaffei Technologies GmbH

                      Heiligenstr. 75

                      D 41751 Viersen

                      TEL.: 02162/102080

                      FAX.: 02162/1020890

 

 

PARTICIPATIONS

 

Shareholder:

                      Krauss-Maffei China GmbH

                      Krauss-Maffei-Str. 2

                      D 80997 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  02.12.2004

                                  Local court 80797 München

                                  HRB 154951

 Shareholder:

                      Krauss-Maffei Automation AG

                      Möslstr. 19

                      D 85445 Oberding

                      Legal form: Public limited company

                      Company Status: active

                      Share capital:     EUR          4,500,000.00

                      Share: 100.000 %

                      Reg. data:  29.06.2000

                                  Local court 80797 München

                                  HRB 131850

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Balance sheet year:       2010/2011

 

 

REAL ESTATE

 

Type of ownership:         Tenant

Address                        Krauss-Maffei-Str. 2

                                    D 80997 München

 

 Real Estate of:              Hans Ulrich Golz

 Type of ownership:        proprietor

 Share:                          100.00 %

 Address                        Uhlandstr. 8

                                    D 66955 Pirmasens

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

COMMERZBANK, MÜNCHEN

Sort. code: 70040041, BIC: COBADEFF700

 

Further banks

 

UNICREDIT BANK - HYPOVEREINSBANK, MÜNCHEN

Sort. code: 70020270, BIC: HYVEDEMMXXX

 

DEUTSCHE BANK, MÜNCHEN

Sort. code: 70070010, BIC: DEUTDEMMXXX

 

 

FINANCIAL FIGURES

 

 Turnover:            2009/2010          EUR        424,873,000.00

                      2010/2011          EUR        524,798,000.00

 Profit:              2010/2011          EUR         29,499,000.00

 further business figures:

 Equipment:                              EUR          8,207,000.00

 Ac/ts receivable:                       EUR        177,834,000.00

 Liabillities:                           EUR         96,773,000.00

 Employees:                                                  1,887

 - thereof permanent staff:                                    114

 - Trainees:                                                   140

 

 

BALANCE SHEETS

 

 Balance sheet ratios 01.10.2010 - 30.09.2011

 Equity ratio [%]:                -14.35

 Liquidity ratio:                   1.41

 Return on total capital [%]:      17.60

 

 Balance sheet ratios 01.10.2009 - 30.09.2010

 Equity ratio [%]:                -33.11

 Liquidity ratio:                   0.99

 Return on total capital [%]:     -15.36

 

 Balance sheet ratios 01.10.2008 - 30.09.2009

 Equity ratio [%]:                -11.98

 Liquidity ratio:                   0.94

 Return on total capital [%]:     -23.89

 

 Balance sheet ratios 01.10.2007 - 30.09.2008

 Equity ratio [%]:                  0.18

 Liquidity ratio:                   0.93

 Return on total capital [%]:      10.20

 

 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.

 

Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.10.2010 - 30.09.2011

 

 ASSETS                                  EUR        257,640,000.00

  Fixed assets                           EUR         31,673,000.00

   Intangible assets                     EUR            907,000.00

    Concessions, licences, rights        EUR            907,000.00

   Tangible assets                       EUR         20,159,000.00

    Land / similar rights                EUR            130,000.00

    Plant / machinery                    EUR         11,716,000.00

    Other tangible assets / fixtures and

    fittings                             EUR          8,207,000.00

    Advance payments made / construction

    in progress                          EUR            106,000.00

   Financial assets                      EUR         10,607,000.00

    Shares in participations /

    subsidiaries and the like            EUR         10,606,000.00

     Shares in related companies         EUR         10,606,000.00

    Other loans                          EUR              1,000.00

  Current assets                         EUR        224,678,000.00

   Stocks                                EUR         45,224,000.00

    Raw materials, consumables and

    supplies                             EUR         17,409,000.00

    Finished goods / work in progress    EUR         84,055,000.00

    Advance payments made                EUR          1,481,000.00

    Minus received advance payments for

    orders / installments for stocks     EUR        -57,721,000.00

   Accounts receivable                   EUR        177,834,000.00

    thereof total due from shareholders  EUR         86,957,000.00

    Trade debtors                        EUR         64,420,000.00

    Amounts due from related companies   EUR        112,682,000.00

    Other debtors and assets             EUR            732,000.00

   Liquid means                          EUR          1,620,000.00

  Remaining other assets                 EUR          1,289,000.00

   Accruals (assets)                     EUR          1,289,000.00

 

 LIABILITIES                             EUR        257,640,000.00

  Shareholders' equity                   EUR         31,920,000.00

   Capital                               EUR          5,120,000.00

    Subscribed capital (share capital)   EUR          5,120,000.00

   Reserves                              EUR         26,800,000.00

    Capital reserves                     EUR         19,445,000.00

    Retained earnings / revenue reserves EUR          7,355,000.00

   Balance sheet profit/loss (+/-)       EUR                  0.00

    Annual surplus / annual deficit      EUR           -680,000.00

    Transfer to reserve                  EUR            680,000.00

  Provisions                             EUR        123,734,000.00

   Pension provisions and comparable

   provisions                            EUR         30,450,000.00

   Provisions for taxes                  EUR            252,000.00

   Other / unspecified provisions        EUR         93,032,000.00

  Liabilities                            EUR         96,773,000.00

   thereof total due to shareholders     EUR         30,547,000.00

   Other liabilities                     EUR         96,773,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR         48,293,000.00

    Liabililties due to related companiesEUR         46,321,000.00

    Unspecified other liabilities        EUR          2,159,000.00

     thereof liabilities from tax /

     financial authorities               EUR          1,611,000.00

     thereof liabilities from social

     security                            EUR            455,000.00

  Other liabilities                      EUR          5,213,000.00

   Deferrals (liabilities)               EUR          5,213,000.00

  Guarantees and other commitments       EUR          2,755,000.00

   Liability from creation of a security

   interest for third parties            EUR          2,755,000.00

 

 PROFIT AND LOSS ACCOUNT (cost of sales method) according to Comm.

 Code (HGB)

  Sales                                  EUR        524,798,000.00

  Manufacturing costs                    EUR        427,387,000.00

  Gross result on sales                  EUR         97,411,000.00

  Distribution costs                     EUR         63,519,000.00

  General administration expenses        EUR         16,341,000.00

  Research and development costs         EUR         13,456,000.00

  Other operating income                 EUR         28,052,000.00

  Other operating expenses               EUR          4,885,000.00

  Operating result from continuing

  operations                             EUR         27,262,000.00

  Result from participating interests

  (+/-)                                  EUR          3,039,000.00

   Expenses / income from participations EUR          3,039,000.00

    Income from transfer of profits      EUR          3,039,000.00

  Expenses for the transfer of losses    EUR            247,000.00

  Interest result (+/-)                  EUR         -1,782,000.00

   Interest and similar income           EUR          1,358,000.00

   Interest and similar expenses         EUR          3,140,000.00

    thereof paid to related companies    EUR             33,000.00

  Other financial result                 EUR           -452,000.00

   Depreciation on financial assets and

   marketable securities                 EUR            452,000.00

  Financial result (+/-)                 EUR            558,000.00

  Result from ordinary operations (+/-)  EUR         27,820,000.00

  Extraordinary income                   EUR            318,000.00

  Extraordinary expenses                 EUR            865,000.00

   Other extraordinary expenses          EUR            865,000.00

  Extraordinary result (+/-)             EUR           -547,000.00

  Income from assumption of loss by

  parent company                         EUR        -30,179,000.00

  Income tax / refund of income tax (+/-)EUR          2,226,000.00

  Tax (+/-)                              EUR          2,226,000.00

  Annual surplus / annual deficit        EUR           -680,000.00

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.10.2009 - 30.09.2010

 

 ASSETS                                  EUR        236,061,000.00

  Fixed assets                           EUR         32,802,000.00

   Intangible assets                     EUR            686,000.00

    Other / unspecified intangible assetsEUR            686,000.00

   Tangible assets                       EUR         21,195,000.00

    Other / unspecified tangible assets  EUR         21,195,000.00

   Financial assets                      EUR         10,921,000.00

    Other / unspecified financial assets EUR         10,921,000.00

  Current assets                         EUR        201,478,000.00

   Stocks                                EUR         43,865,000.00

    Other / unspecified stocks           EUR         82,721,000.00

    Minus received advance payments for

    orders / installments for stocks     EUR        -38,856,000.00

   Accounts receivable                   EUR        157,436,000.00

    Trade debtors                        EUR         52,305,000.00

    Other debtors and assets             EUR        105,131,000.00

   Liquid means                          EUR            177,000.00

  Remaining other assets                 EUR          1,781,000.00

   Accruals (assets)                     EUR          1,781,000.00

 

 LIABILITIES                             EUR        236,061,000.00

  Shareholders' equity                   EUR         31,920,000.00

   Capital                               EUR          5,120,000.00

    Subscribed capital (share capital)   EUR          5,120,000.00

   Reserves                              EUR         26,800,000.00

    Capital reserves                     EUR         19,445,000.00

    Retained earnings / revenue reserves EUR          7,355,000.00

  Provisions                             EUR        120,997,000.00

   Pension provisions and comparable

   provisions                            EUR         26,094,000.00

   Other / unspecified provisions        EUR         94,903,000.00

  Liabilities                            EUR         76,275,000.00

   Other liabilities                     EUR         76,275,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR         60,822,000.00

    Unspecified other liabilities        EUR         15,453,000.00

  Other liabilities                      EUR          6,869,000.00

   Deferrals (liabilities)               EUR          6,869,000.00

  Guarantees and other commitments       EUR          2,292,000.00

 

 PROFIT AND LOSS ACCOUNT (cost of sales method) according to Comm.

 Code (HGB)

  Sales                                  EUR        424,873,000.00

  Manufacturing costs                    EUR        369,845,000.00

  Gross result on sales                  EUR         55,028,000.00

  Distribution costs                     EUR         54,109,000.00

  General administration expenses        EUR         18,652,000.00

  Research and development costs         EUR         11,264,000.00

  Other operating income                 EUR          7,132,000.00

  Other operating expenses               EUR          1,009,000.00

  Operating result from continuing

  operations                             EUR        -22,874,000.00

  Result from participating interests

  (+/-)                                  EUR          1,465,000.00

  Interest result (+/-)                  EUR           -444,000.00

  Other financial result                 EUR         -1,614,000.00

   Depreciation on financial assets and

   marketable securities                 EUR          1,614,000.00

  Financial result (+/-)                 EUR           -593,000.00

  Result from ordinary operations (+/-)  EUR        -23,467,000.00

  Income from assumption of loss by

  parent company                         EUR         23,512,000.00

  Income tax / refund of income tax (+/-)EUR            -45,000.00

  Tax (+/-)                              EUR            -45,000.00

Annual surplus / annual deficit        EU
MIRA INFORM REPORT

 

 

Report Date :           

26.05.2012

 

IDENTIFICATION DETAILS

 

Correct Name :

KRAUSSMAFFEI TECHNOLOGIES GMBH

 

 

Registered Office :

Krauss-Maffei-Str. 2, D 80997 München, Post Box 500340, D 80973 München

 

 

Country :

Germany

 

 

Financials (as on) :

30.09.2010

 

 

Date of Incorporation :

27.11.1986

 

 

Com. Reg. No.:

HRB 80388

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacture of other special-purpose machinery

 

 

No. of Employees :

2,122

 

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)

Germany

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


company name

 

KraussMaffei Technologies GmbH

 

 

Company address

 

Krauss-Maffei-Str. 2

D 80997 München

Post Box:

500340, D 80973 München

Telephone:        089/8899-0

Telefax:             089/8899-2206

Homepage:        www.kraussmaffei.de

E-mail:              info@kraussmaffei.com

 

 

VAT no           

 

DE182195877

 

 

CONCLUSION

 

Business relations are permissible.

 

 

Synthesis

 

LEGAL FORM               Private limited company

Date of foundation:         27.11.1986

Shareholders'

agreement:                    27.11.1986

Registered on:               01.12.1986

Commercial Register:     Local court 80797 München

under:                                       HRB 80388

Share capital:                 EUR          5,120,000.00

 

 


Shareholder

 

KraussMaffei Financial Services GmbH

Krauss-Maffei-Str. 2

D 80997 München

Legal form: Private limited company

Share capital:     EUR             25,000.00

Share:             EUR          5,120,000.00

Registered on: 21.02.2003

Reg. data: 80797 München, HRB 146750

 

 

Manager

 

Hans Ulrich Golz

Uhlandstr. 8

D 66955 Pirmasens

born: 16.11.1960

Profession: Businessman

Marital status: married

 

Manager:

Dr. Karlheinz Bourdon

Waldstr. 19

D 79312 Emmendingen

born: 12.06.1957

 

Manager:

Frank Peters

D 80333 München

born: 08.09.1966

 

 

President of the Supervisory Board

 

Dr. Dietmar Straub

D 63739 Aschaffenburg

born: 26.09.1954

Profession: Fully qualified physicist

Marital status: married


Member of the Supervisory Board

 

Peter Sassenfeld

D 82152 Krailling

born: 18.03.1966

 

Member of the Supervisory Board:

Josef Schuster

D 80997 München

born: 27.03.1966

 

 

Representative of the Employees within the Supervisory Board

 

Josef Schuster

D 80997 München

born: 27.03.1966

 

 

Proxy

 

Georg Holzinger

Herzog-Johann-Str. 23

D 81245 München

authorized to jointly represent the company

born: 30.03.1964

 

Proxy:

                      Dr. Wolfgang Molter

                      D 85452 Moosinning

                      authorized to jointly represent the company

                      born: 07.04.1956

 Proxy:

                      Udo Hafer

                      D 58452 Witten

                      authorized to jointly represent the company

                      born: 08.07.1956

 Proxy:

                      Rainer Janotta

                      Feldstr. 38

                      D 49143 Bissendorf

                      authorized to jointly represent the company

                      born: 25.06.1965

                      Profession: Management expert

 Proxy:

                      Peter Oswald

                      D 86949 Windach

                      authorized to jointly represent the company

                      born: 17.09.1955

                      Profession: Businessman

 Proxy:

                      Werner Beckers

                      D 41366 Schwalmtal

                      authorized to jointly represent the company

                      born: 30.09.1954

 Proxy:

                      Jörg Grambart

                      Kiebitzrain 1c

                      D 30938 Burgwedel

                      authorized to jointly represent the company

                      born: 02.11.1965

 Proxy:

                      Paul-Eberhard Kortmann

                      D 30159 Hannover

                      authorized to jointly represent the company

                      born: 18.10.1959

 Proxy:

                      Dr. Jan Christoph Eckert

                      D 82229 Seefeld

                      authorized to jointly represent the company

                      born: 19.10.1969

 Proxy:

                      Michael Bruggesser-Brohlburg

                      Gneisenaustr. 56b

                      D 33330 Gütersloh

                      authorized to jointly represent the company

                      born: 11.07.1960

 Proxy:

                      Dr. Jens Liebhold

                      D 31303 Burgdorf

                      authorized to jointly represent the company

                      born: 17.02.1960

 Proxy:

                      Uwe Altena

                      D 45127 Essen

                      authorized to jointly represent the company

                      born: 08.01.1972

 Proxy:

                      Helmut Hackner

                      D 85049 Ingolstadt

                      authorized to jointly represent the company

                      born: 04.02.1965

 Proxy:

                      Prof.Dr. Bernd Poltersdorf

                      D 31552 Rodenberg

                      authorized to jointly represent the company

                      born: 22.10.1946

 Proxy:

                      Daniela Zink

                      D 81545 München

                      authorized to jointly represent the company

                      born: 18.12.1968

 Proxy:

                      Wolfgang Frehsdorf

                      D 80803 München

                      authorized to jointly represent the company

                      born: 30.09.1954

 Proxy:

                      Markus Bauer

                      D 80997 München

                      authorized to jointly represent the company

                      born: 03.08.1966

 Proxy:

                      Maximilian Veit

                      D 80636 München

                      authorized to jointly represent the company

                      born: 22.08.1979

 Proxy:

                      Nicolas Beyl

                      D 80997 München

                      authorized to jointly represent the company

                      born: 21.10.1969

 Proxy:

                      Horst Buchholz

                      D 30159 Hannover

                      authorized to jointly represent the company

                      born: 16.04.1958

 Proxy:

                      Marcus Schramm

                      D 85232 Bergkirchen

                      authorized to jointly represent the company

                      born: 16.11.1967

 Proxy:

                      Franz Guld

                      D 85283 Wolnzach

                      authorized to jointly represent the company

                      born: 24.04.1958

 Proxy:

                      Bengt Schmidt

                      D 80997 München

                      authorized to jointly represent the company

                      born: 25.03.1966

 Proxy:

                      Klaus Bange

                      D 88171 Weiler-Simmerberg

                      authorized to jointly represent the company

                      born: 04.07.1961


 Proxy:

                      Andreas Kessler

                      D 82049 Pullach

                      authorized to jointly represent the company

                      born: 16.05.1975

 Proxy:

                      Herbert Adolf

                      Herzogstandstr. 5

                      D 82387 Antdorf

                      authorized to jointly represent the company

                      born: 25.09.1957

 Proxy:

                      Michael Hofhus

                      D 40764 Langenfeld

                      authorized to jointly represent the company

                      born: 16.04.1956

 Proxy:

                      Egon Türk

                      D 85716 Unterschleißheim

                      authorized to jointly represent the company

                      born: 23.04.1971

 Proxy:

                      Imre Szerdahelyi

                      D 80997 München

                      authorized to jointly represent the company

                      born: 30.04.1968

 Proxy:

                      Kun Wu

                      D 80997 München

                      authorized to jointly represent the company

                      born: 28.07.1960

 Proxy:

                      Emilio Lopez Rodriguez

                      D 80997 München

                      authorized to jointly represent the company

                      born: 13.08.1961

 Proxy:

                      Thomas Treichl

                      D 86916 Kaufering

                      authorized to jointly represent the company

                      born: 09.01.1970

 

 Further functions/participations of Hans Ulrich Golz (Manager)

 

 Manager:

                      KraussMaffei Berstorff GmbH

                      An der Breiten Wiese 3-5

                      D 30625 Hannover

                      Post Box:

                      610360, D 30603 Hannover

                      Legal form: Private limited company

                      Share capital:     EUR         11,510,000.00

                      Registered

                      on:         05.02.1910

                      Reg. data:  30175 Hannover, HRB 3787

 Proxy:

                      KraussMaffei AG

                      Krauss-Maffei-Str. 2

                      D 80997 München

                      Legal form: Public limited company

                      Share capital:     EUR          2,000,000.00

                      Registered

                      on:         11.12.2007

                      Reg. data:  80797 München, HRB 171200

 

Further functions/participations of Dr. Karlheinz Bourdon (Manager)

 

President of the Supervisory Board:

                      Krauss-Maffei Automation AG

                      Möslstr. 19

                      D 85445 Oberding

                      Legal form: Public limited company

                      Share capital:     EUR          4,500,000.00

                      Registered

                      on:         29.06.2000

                      Reg. data:  80797 München, HRB 131850

 Proxy:

                      KraussMaffei AG

                      Krauss-Maffei-Str. 2

                      D 80997 München

                      Legal form: Public limited company

                      Share capital:     EUR          2,000,000.00

                      Registered

                      on:         11.12.2007

                      Reg. data:  80797 München, HRB 171200

 

 

COMPANY HISTORY

 

 01.12.1986 - 02.07.2007  Krauss-Maffei Kunststofftechnik GmbH

                          Krauss-Maffei-Str. 2

                          D 80997 München

                          Private limited company

 02.07.2007 - 12.11.2007  Krauss Maffei GmbH (bis 12.11.2007)

                          Krauss-Maffei-Str. 2

                          D 80997 München

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

21.12.2009 - 07.10.2010  Manager

                          Manfred Reichel

                          D 82194 Gröbenzell

 28.09.2007 - 25.01.2010  President of the Board of Management

                          Josef Märtl

                          D 85399 Hallbergmoos

 30.11.2009 - 21.12.2009  Manager

                          Peter Oswald

                          D 86949 Windach

 30.11.2009 - 21.12.2009  Manager

                          Michael Hofhus

                          D 69509 Mörlenbach

 30.11.2009 - 21.12.2009  Manager

                          Maximilian Veit

                          D 80636 München

 28.09.2007 - 21.12.2009  Manager

                          Peter Sassenfeld

                          D 82152 Krailling

 28.09.2007 - 21.12.2009  Vice-president of the Supervisory Board

                          Peter Krahl

                          D 80333 München

 

 

BUSINESS ACTIVITIES

 

Sectors

28990   Manufacture of other special-purpose machinery n.e.c.

33120   Repair of machinery

46141   Agents involved in the sale of machines (except agricultural machineryand office machinery) and industrial  supplies n.e.c.

4669    Wholesale of other machinery, equipment and supplies

 

 

BRANCHES AND FACTORIES

 

 Branch:

                      KraussMaffei Technologies GmbH

                      An der Heusteige 5

                      D 91757 Treuchtlingen

                      TEL.: 09142/8090

 Branch:

                      KraussMaffei Technologies GmbH

                      Bielefelder Str. 29

                      D 49124 Georgsmarienhütte

                      TEL.: 05401/33920

                      FAX.: 05401/339211

 Branch:

                      KraussMaffei Technologies GmbH

                      Heiligenstr. 75

                      D 41751 Viersen

                      TEL.: 02162/102080

                      FAX.: 02162/1020890

 

 

PARTICIPATIONS

 

Shareholder:

                      Krauss-Maffei China GmbH

                      Krauss-Maffei-Str. 2

                      D 80997 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  02.12.2004

                                  Local court 80797 München

                                  HRB 154951

 Shareholder:

                      Krauss-Maffei Automation AG

                      Möslstr. 19

                      D 85445 Oberding

                      Legal form: Public limited company

                      Company Status: active

                      Share capital:     EUR          4,500,000.00

                      Share: 100.000 %

                      Reg. data:  29.06.2000

                                  Local court 80797 München

                                  HRB 131850

 

 

FINANCIAL INFORMATION

 

Payment experience:     within periods customary in this trade

 

Negative information:      We have no negative information at hand.

 

Balance sheet year:       2009/2010

 


REAL ESTATE

 

Type of ownership:         Tenant

Address                        Krauss-Maffei-Str. 2

                                    D 80997 München

 

 Real Estate of:              Hans Ulrich Golz

 Type of ownership:        proprietor

 Share:                          100.00 %

 Address                        Uhlandstr. 8

                                    D 66955 Pirmasens

 

Land register documents were not available.

 

 

BANKERS

 

Principal bank

COMMERZBANK, MÜNCHEN

Sort. code: 70040041, BIC: COBADEFF700

 

Further banks

 

UNICREDIT BANK - HYPOVEREINSBANK, MÜNCHEN

Sort. code: 70020270, BIC: HYVEDEMMXXX

 

DEUTSCHE BANK, MÜNCHEN

Sort. code: 70070010, BIC: DEUTDEMMXXX

 

 

FINANCIAL FIGURES

 

 Turnover:            2009/2010          EUR        424,873,000.00

 Profit:              2009/2010          EUR        -23,512,000.00

 Ac/ts receivable:                       EUR        157,436,000.00

 Liabillities:                           EUR         76,275,000.00

 Employees:                                                  2,122

 - thereof permanent staff:                                  1,990

 - Trainees:                                                   132

 

 


BALANCE SHEETS

 

 Balance sheet ratios 01.10.2009 - 30.09.2010

 Equity ratio [%]:                -33.11

 Liquidity ratio:                   0.99

 Return on total capital [%]:     -15.36

 

 Balance sheet ratios 01.10.2008 - 30.09.2009

 Equity ratio [%]:                -11.98

 Liquidity ratio:                   0.94

 Return on total capital [%]:     -23.89

 

 Balance sheet ratios 01.10.2007 - 30.09.2008

 Equity ratio [%]:                  0.18

 Liquidity ratio:                   0.93

 Return on total capital [%]:      10.20

 

 Balance sheet ratios 01.10.2006 - 30.09.2007

 Equity ratio [%]:                 -4.21

 Liquidity ratio:                   0.89

 Return on total capital [%]:       7.42

 

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.

 

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.10.2009 - 30.09.2010

 

 ASSETS                                  EUR        236,061,000.00

  Fixed assets                           EUR         32,802,000.00

   Intangible assets                     EUR            686,000.00

    Other / unspecified intangible assetsEUR            686,000.00

   Tangible assets                       EUR         21,195,000.00

    Other / unspecified tangible assets  EUR         21,195,000.00

   Financial assets                      EUR         10,921,000.00

    Other / unspecified financial assets EUR         10,921,000.00

  Current assets                         EUR        201,478,000.00

   Stocks                                EUR         43,865,000.00

    Other / unspecified stocks           EUR         82,721,000.00

    Minus received advance payments for

    orders / installments for stocks     EUR        -38,856,000.00

   Accounts receivable                   EUR        157,436,000.00

    Trade debtors                        EUR         52,305,000.00

    Other debtors and assets             EUR        105,131,000.00

   Liquid means                          EUR            177,000.00

  Remaining other assets                 EUR          1,781,000.00

   Accruals (assets)                     EUR          1,781,000.00

 

 LIABILITIES                             EUR        236,061,000.00

  Shareholders' equity                   EUR         31,920,000.00

   Capital                               EUR          5,120,000.00

    Subscribed capital (share capital)   EUR          5,120,000.00

   Reserves                              EUR         26,800,000.00

    Capital reserves                     EUR         19,445,000.00

    Retained earnings / revenue reserves EUR          7,355,000.00

  Provisions                             EUR        120,997,000.00

   Pension provisions and comparable

   provisions                            EUR         26,094,000.00

   Other / unspecified provisions        EUR         94,903,000.00

  Liabilities                            EUR         76,275,000.00

   Other liabilities                     EUR         76,275,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR         60,822,000.00

    Unspecified other liabilities        EUR         15,453,000.00

  Other liabilities                      EUR          6,869,000.00

   Deferrals (liabilities)               EUR          6,869,000.00

  Guarantees and other commitments       EUR          2,292,000.00

 

 Profit and loss account (cost of sales method) according to Comm.

 Code (HGB)

  Sales                                  EUR        424,873,000.00

  Manufacturing costs                    EUR        369,845,000.00

  Gross result on sales                  EUR         55,028,000.00

  Distribution costs                     EUR         54,109,000.00

  General administration expenses        EUR         18,652,000.00

  Research and development costs         EUR         11,264,000.00

  Other operating income                 EUR          7,132,000.00

  Other operating expenses               EUR          1,009,000.00

  Operating result from continuing

  operations                             EUR        -22,874,000.00

  Result from participating interests

  (+/-)                                  EUR          1,465,000.00

  Interest result (+/-)                  EUR           -444,000.00

  Other financial result                 EUR         -1,614,000.00

   Depreciation on financial assets and

   marketable securities                 EUR          1,614,000.00

  Financial result (+/-)                 EUR           -593,000.00

  Result from ordinary operations (+/-)  EUR        -23,467,000.00

  Income from assumption of loss by

  parent company                         EUR         23,512,000.00

  Income tax / refund of income tax (+/-)EUR            -45,000.00

  Tax (+/-)                              EUR            -45,000.00

  Annual surplus / annual deficit        EUR                  0.00

 

 Type of balance

 sheet:               Company balance sheet

 

 Financial year:      01.10.2008 - 30.09.2009

 

 ASSETS                                  EUR        201,928,000.00

  Fixed assets                           EUR         37,645,000.00

   Intangible assets                     EUR            762,000.00

    Other / unspecified intangible assetsEUR            762,000.00

   Tangible assets                       EUR         24,344,000.00

    Other / unspecified tangible assets  EUR         24,344,000.00

   Financial assets                      EUR         12,539,000.00

    Other / unspecified financial assets EUR         12,539,000.00

  Current assets                         EUR        163,054,000.00

   Stocks                                EUR         55,536,000.00

    Other / unspecified stocks           EUR         73,394,000.00

    Minus received advance payments for

    orders / installments for stocks     EUR        -17,858,000.00

   Accounts receivable                   EUR        107,378,000.00

    Trade debtors                        EUR         38,611,000.00

    Other debtors and assets             EUR         68,767,000.00

   Liquid means                          EUR            140,000.00

  Remaining other assets                 EUR          1,229,000.00

   Accruals (assets)                     EUR          1,229,000.00

 

 LIABILITIES                             EUR        201,928,000.00

  Shareholders' equity                   EUR         25,489,000.00

   Capital                               EUR          5,120,000.00

    Subscribed capital (share capital)   EUR          5,120,000.00

   Reserves                              EUR         20,369,000.00

    Capital reserves                     EUR         13,014,000.00

    Retained earnings / revenue reserves EUR          7,355,000.00

  Provisions                             EUR        100,663,000.00

   Pension provisions and comparable

   provisions                            EUR         23,604,000.00

   Other / unspecified provisions        EUR         77,059,000.00

  Liabilities                            EUR         67,917,000.00

   Other liabilities                     EUR         67,917,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR         47,934,000.00

    Unspecified other liabilities        EUR         19,983,000.00

  Other liabilities                      EUR          7,859,000.00

   Deferrals (liabilities)               EUR          7,859,000.00

  Sales                                  EUR        396,324,000.00

  Manufacturing costs                    EUR        350,192,000.00

  Gross result on sales                  EUR         46,132,000.00

  Research and development costs         EUR         12,364,000.00

  Other operating income                 EUR         11,994,000.00

  Other operating expenses               EUR         83,669,000.00

  Operating result from continuing

  operations                             EUR        -37,907,000.00

  Result from participating interests

  (+/-)                                  EUR            357,000.00

  Interest result (+/-)                  EUR         -1,509,000.00

  Other financial result                 EUR            -12,000.00

   Depreciation on financial assets and

   marketable securities                 EUR             12,000.00

  Financial result (+/-)                 EUR         -1,164,000.00

  Result from ordinary operations (+/-)  EUR        -39,071,000.00

  Extraordinary expenses                 EUR         15,309,000.00

  Extraordinary result (+/-)             EUR        -15,309,000.00

  Income from assumption of loss by

  parent company                         EUR         50,806,000.00

  Income tax / refund of income tax (+/-)EUR          3,574,000.00

  Tax (+/-)                              EUR          3,574,000.00

  Annual surplus / annual deficit        EUR                  0.00


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.55.73

UK Pound

1

Rs.87.26

Euro

1

Rs.69.84

 

 

INFORMATION DETAILS

 

Report Prepared by :

PDT

 

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.