MIRA INFORM REPORT

 

 

Report Date :

30.05.2012

 

IDENTIFICATION DETAILS

 

Name :

INTERPACK ITALIA SPA

 

 

Registered Office :

Via Fratelli Calvi 15, Bergamo, 24122

 

 

Country :

Italy

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

30.10.1990

 

 

Com. Reg. No.:

08393390151

 

 

Legal Form :

Public Independent

 

 

Line of Business :

Wholesale of a variety of goods without any particular specialisation

 

 

No. of Employees :

10

 

 

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 – March 31st, 2012

 

Country Name

Previous Rating

(31.12.2011)

Current Rating

(31.03.2012)

Italy

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

Company name and address

 

Interpack Italia SpA

 

 

 

Via Fratelli Calvi 15

 

 

Bergamo, 24122

Italy

 

Tel:

+39 035 4249511

Fax:

+39 035 322220

 

www.interpack.it

 

Employees:

10

Company Type:

Public Independent

 

 

Incorporation Date:

30-Oct-1990

 

 

 

 

 

Fiscal Year End:

31-Dec-2010

Reporting Currency:

Euro

Annual Sales:

20.4

Total Assets:

13.6

 

 

 

 

 

 

 

Business Description

 

 

 

INTERPACK ITALIA SPA is primarily engaged in specialised wholesale not covered in one of the previous categories; and wholesale of a variety of goods without any particular specialisation.

 

 

Industry

 

 

 

 

Industry

Miscellaneous Capital Goods

ANZSIC 2006:

3739 - Other Goods Wholesaling Not Elsewhere Classified

NACE 2002:

5190 - Other wholesale

NAICS 2002:

423990 - Other Miscellaneous Durable Goods Merchant Wholesalers

UK SIC 2003:

5190 - Other wholesale

US SIC 1987:

5111 - Printing and Writing Paper

 

 

Key Executives

 

 

 

 

Name

Title

 

Mario Antonio Zenoni

President

 

Rosangela Tempera

Responsabile-Contabilita` Generale e Clienti

 

Laura Pedrini

Responsabile-Commerciale

 

Gianluigi Plebani

Segreteria

 

Sergio Cologni

Responsabile-Trasporti Nazionali e Internazionali

 

 

 

Registered No.(ITA)

 

08393390151

 

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

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

 

 

Corporate Overview

 

 

Location
Via Fratelli Calvi 15
Bergamo, 24122
Italy

 

Tel:

+39 035 4249511

Fax:

+39 035 322220

 

www.interpack.it

Sales EUR(mil):

15.4

Assets EUR(mil):

10.1

Employees:

10

Fiscal Year End:

31-Dec-2010

 

 

 

Industry:

Miscellaneous Capital Goods

Incorporation Date:

30-Oct-1990

Company Type:

Public Independent

Quoted Status:

Not Quoted

Registered No.(ITA):

08393390151

 

Member of the board:

Celestina Cucchi

 

 

Industry Codes

 

 

 

ANZSIC 2006 Codes:

3739

-

Other Goods Wholesaling Not Elsewhere Classified

1915

-

Adhesive Manufacturing

 

NACE 2002 Codes:

5190

-

Other wholesale

2462

-

Manufacture of glues and gelatine

 

NAICS 2002 Codes:

423990

-

Other Miscellaneous Durable Goods Merchant Wholesalers

325520

-

Adhesive Manufacturing

 

US SIC 1987:

5111

-

Printing and Writing Paper

2891

-

Adhesives and Sealants

 

UK SIC 2003:

5190

-

Other wholesale

2462

-

Manufacture of glues and gelatine

 

 

Business Description

 

 

INTERPACK ITALIA SPA is primarily engaged in specialised wholesale not covered in one of the previous categories; and wholesale of a variety of goods without any particular specialisation.

 

 

 

 

 

 

More Business Descriptions

 

 

Printing and Writing Paper Merchant Wholesalers

 

 

Financial Data

 

 

Financials in:

EUR(mil)

 

Revenue:

15.4

Assets:

10.1

Current Assets:

10.0

 

Total Liabilities:

10.1

 

Net Worth:

1.6

 

 

 

Date of Financial Data:

31-Dec-2010

 

1 Year Growth

-8.8%

NA

 

 

Key Corporate Relationships

 

 

Bank:

Ubi Banca Popolare di Bergamo Ag, Unicredit Ag, Intesa Sanpaolo Ag

 

 

 

 

 

Executives Report



 

Board of Directors

 

Name

Title

Function

 

Celestina Cucchi

 

Member of the board

Director/Board Member

 

Emanuele Zenoni

 

Member of the board

Director/Board Member

 

Davide Zenoni

 

Member of the board

Director/Board Member

 

 

Executives

 

Name

Title

Function

 

Gianantonio Pesenti

 

Presidente

President

 

Mario Antonio Zenoni

 

President

President

 

Simone Bergamelli

 

Direttore-Gestione Magazzini, Taglio e Trasformazione Carta

Division Head Executive

 

Gianluigi Plebani

 

Segreteria

Company Secretary

 

Rosangela Tempera

 

Responsabile-Contabilita` Generale e Clienti

Finance Executive

 

Marilisa Zenoni

 

Responsabile-Contabilita` Fornitori

Accounting Executive

 

Laura Pedrini

 

Responsabile-Commerciale

Sales Executive

 

Sergio Cologni

 

Responsabile-Trasporti Nazionali e Internazionali

International Executive

 

Ettore Togni

 

Co-Direttore-Sviluppo Clientela

Other

 

 

 

Annual Profit & Loss

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate (Period Average)

0.755078

0.719047

0.683679

Consolidated

No

No

No

 

 

 

 

Total income

20.4

23.6

26.9

Net sales

20.4

23.5

26.7

Other operating income

0.0

0.1

0.1

Raw materials and consumables employed

16.1

18.5

22.0

Other expenses

3.2

3.5

3.5

Total payroll costs

0.3

0.4

0.5

Fixed asset depreciation and amortisation

0.1

0.1

0.1

Other operating costs

0.3

0.5

0.1

Net operating income

0.3

0.6

0.6

Total financial income

0.0

0.1

0.2

Total expenses

0.1

0.3

0.5

Profit before tax

0.2

0.3

0.2

Extraordinary result

0.1

0.0

0.0

Profit after extraordinary items and before tax

0.3

0.4

0.2

Total taxation

0.1

0.2

0.2

Net profit

0.1

0.2

0.1



Annual Balance Sheet

 

 

Financials in: USD (mil)

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Total stockholders equity

2.1

2.1

1.9

Provision for risks

0.0

0.1

0.1

Provision for pensions

0.1

0.1

0.1

Mortgages and loans

0.9

1.9

2.7

Trade creditors

7.2

8.0

6.9

Bank loans and overdrafts

3.1

3.2

3.9

Other current liabilities

0.1

0.2

0.2

Accruals and deferred income

0.0

0.0

0.0

Total current liabilities

10.4

11.4

11.0

Total liabilities (including net worth)

13.6

15.6

15.7

Intangibles

0.0

-

-

Total tangible fixed assets

0.1

0.2

0.3

Long-term investments

-

0.0

0.0

Total financial assets

-

0.0

0.0

Total non-current assets

0.1

0.2

0.3

Finished goods

1.1

1.5

1.3

Net stocks and work in progress

1.1

1.5

1.3

Trade debtors

12.0

12.9

13.5

Other receivables

0.1

0.6

0.3

Cash and liquid assets

0.0

0.1

0.0

Marketable securities

0.2

0.2

0.4

Accruals

0.0

0.0

0.0

Total current assets

13.5

15.4

15.4

Total assets

13.6

15.6

15.7



Annual Ratios

 

 

 

Financials in: USD (mil)

 

 

 

 

 

31-Dec-2010

31-Dec-2009

31-Dec-2008

Period Length

12 Months

12 Months

12 Months

Filed Currency

EUR

EUR

EUR

Exchange Rate

0.745406

0.696986

0.719399

Consolidated

No

No

No

 

 

 

 

Current ratio

1.30

1.30

1.40

Quick ratio

1.20

1.20

1.30

Current liabilities to net worth

0.05%

0.05%

0.06%

Sales per employee

2.57

2.81

2.61

Profit per employee

0.03

0.04

0.03

Average wage per employee

0.04

0.05

0.04

Net worth

2.1

2.1

1.9

Number of employees

6

6

6

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.55.58

UK Pound

1

Rs.87.14

Euro

1

Rs.69.73

 

 

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.